If two identifiable markets differ with respect to their price elasticity of demand and resale is impossible, a firm with market power will set a lower price in the market that is more price elastic. Price elasticity is a tool used by economists to analyze how supply and demand for a product fluctuate in response to price changes.
Along with demand, supply also exhibits elasticity, which is referred to as price elasticity of supply. Price elasticity of supply is the correlation between price change and supply change. It is computed by subtracting the percentage change in price from the percentage change in quantity delivered.
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A company's plans to adhere to policies and procedures, promote operational efficiency, minimize errors and theft, and enhance the reliability and accuracy of accounting data are referred to as:______
A company's plans to adhere to policies and procedures, promote operational efficiency, minimize errors and theft, and enhance the reliability and accuracy of accounting data are referred to as internal controls.
Operational efficiency is the capacity of a company to reduce waste in time, effort, and materials as plenty as viable, whilst still producing a product or service.
In an enterprise context, operational efficiency is the size of useful resource allocation and may be defined as the ratio between an output won from the business and an input to run a business operation. when enhancing operational efficiency, the output to enter ratio improves.
To calculate your enterprise's operational efficiency, tally all of your running charges and divide the sum general by using your total sales.
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Why are foreign mnes like ups seeking to invest in india?
The foreign MNC's like UPS seeking to invest in India because of the country's market potential, skilled workforce and political stability.
The foreign MNCs are investing in India because of cheaper production costs. India is a critical growth market for logistics giant United Parcels Service (UPS) as it aims to provide the predictable and reliable service to B2B domestic market through its new venture called MOVIN.
India's market potential, skilled workforce and political stability are the three key reasons that make India the favored destination for foreign investment. When compared to other countries India is a relatively cheaper place to conduct business.
Hence, these reasons attracts foreign investors towards India.
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A firm has a payout ratio of 0.3, plowback ratio of 0.7, and a return on equity of 0.13. What is the firm's growth rate?
The firm's growth rate is 0.091.
Growth rateGrowth rates are the proportional changes in a particular variable over a given period of time. Increase rates are often expressed for investors as the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro notions like gross domestic product (GDP) and retail sales. The two most frequently used growth rates for analysis are expected forward-looking and trailing growth rates. Growth rates are used to express the annual change in a variable as a percentage in the simplest possible terms. The annual rate of change at which a nation's GDP increases or declines is one way to calculate an economy's growth rate. To determine whether an economy is in a recession or experiencing growth, this growth rate is used.
A firm has a payout ratio of 0.3, plowback ratio of 0.7, and a return on equity of 0.13. What is the firm's growth rate?
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Hal charges Jim to operate his business within the office building he owns. Identify Hal's source of income
Hal charges Jim to operate his business within the office building he owns. Hal's source of income is interest.
What is interest?Interest is a reward paid to an individual who have invested by lending certain amount of money. It is usually paid based on the amount of money borrowed by an individual. Interest is paid on the total amount investment in lending
An individual can sit in the comfort of his house and get paid interest by borrowers or company invested too.
Therefore, Hal charges Jim to operate his business within the office building he owns. Hal's source of income is interest.
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Innovative change of raw ingredient that makes a food product more attractive to customers and consumers is called
Innovative change in raw ingredients that makes a food product more attractive to customers and consumers is called value-added.
Crude horticultural items with value-added are those that have been improved or changed to have superior market esteem as well as a more drawn-out timeframe of realistic usability.
The Colorado Wholesale Food Regulations apply to crude agrarian items that have been changed from their total natural product or vegetable state through cutting, dicing, cutting, slashing, cooking, consolidating, or different cycles.
All handled food varieties sold at ranchers' business sectors, except for those made as per the Cottage Foods Act, should be created in an office that has been supported and has gone through Good Manufacturing Practices examination by the wellbeing division.
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What are four critical project attributes that the project manager must integrate?
The four critical project attributes that the project manager must integrate.
powerful assignment control entails having the following attributes that are vital in turning into an effective assignment manager:
powerful communique capabilities.
strong leadership skills.
Accurate choice maker.
Technical understanding.
Inspires a shared vision.
Assignment management is the technique of leading the paintings of a team to reap all mission dreams inside the given constraints. This facts is normally defined in project documentation, created at the beginning of the development system. The number one constraints are scope, time, and budge.
A mission supervisor is accountable for the making plans, procurement, execution and finishing touch of a assignment. The challenge supervisor is in fee of the entire venture and handles everything involved, such as the task scope, handling the undertaking crew,
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A decrease in a recessionary gdp gap will most likely be associated with a decrease in?
A decrease in a recessionary gdp gap will most likely be associated with a decrease in cyclical unemployment.
What is cyclical unemployment?
A recessionary GDP gap is when a country's real GDP is lower than its GDP at full employment. When there is a recessionary GDP gap, an economy is operating below its full potential.
Cyclical unemployment is a type of unemployment that varies with the business cycle in an economy. Unemployment would be high in a recession and low in an economic boom.
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The high-income economies of the world contain approximately __________ of the world’s population and produce and consume ___________ of the world’s gdp.
The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.
What is GDP?The gross domestic product stands as a monetary measurement of the market value of all the final goods and services produced in a distinctive period by countries. Due to its complex and subjective nature, this measure exists often revised before being deemed a reliable indicator.
Gross domestic product (GDP) stands for the total monetary or market value of all the finished goods and services constructed within a country's borders in a typical period. GDP measures the worth of the final goods and services produced in the United States (without double counting the middle goods and services used up to produce them).
The high-income economies of the world include approximately 12% of the world’s population and produce and consume 60% of the world’s GDP.
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If customers can see data about themselves on the business' computer system, it will enable them to ____________
If customers can see data about themselves on the business' computer system, it will enable them to make better and more informed decisions.
How do information systems help businesses?Business Information System, eases the process of decision making and simplifies the process of delivering the required information and hence assists in taking better decisions instantly. Business Information System (BIS) can be effectively implemented to help communication better between the employers and the employees.
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When making a volume trade-off decision, managers should ignore ______. Multiple choice question. fixed costs contribution margin variable costs
When making a volume trade-off decision, managers should ignore fixed costs.
The term fixed costs refers to a cost that does not exchange with growth or lower within the variety of goods or offerings produced or offered. fixed fees are charges that ought to be paid via an agency, impartial of any particular commercial enterprise activities.
In accounting and economics, fixed costs additionally called indirect prices or overhead charges, are business fees that aren't dependent on the level of products or services produced by way of the commercial enterprise. They have a tendency to be habitual, such as interest or rents being paid per month. those charges also have a tendency to be capital costs.
Fixed fees have a tendency to be fees that are based on time instead of the amount produced or sold by means of your business. Examples of constant costs are rent and rent charges, salaries, utility payments, insurance, and mortgage repayments. some varieties of taxes, like business licenses, are also fixed expenses.
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Customerization uses what two features to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable, personal experience?
The two features that are used in Customerization to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable experience are:
personalization systemschoiceboardsWhat is a Customerization?This refers to the process of customization the products or services offered to public through the personal interaction between a company and its customers.
Usually, a typical firm is customerized when they are able to establish a dialogue with individual customers and respond by customizing its products, services, and messages on a one-to-one basis.
Hence, the features of personalization systems and choiceboards are used in Customerization to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable experience
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God expects us to _____________, and retirement planning is one of the most important planning tasks in life.
One thing that God expects us to do is to plan and this is why retirement planning is an important planning task.
Why does God want us to plan?God wants us to plan because it will help us to avoid getting into situations where we don't know what to do to make things better.
Retirement planning is one of such plans and should be done to ensure that when we grow old, we can still take care of ourselves independently.
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Based on the recommendation of its advertising agency, lowe’s chose to advertise on hgtv. In this situation, hgtv represents which component of the communication process?.
In the given situation HGTV represents the component of the communication process called "Communication Channel".
What is communication channel?Every meaningful team effort and collaboration depends on effective communication. An organization's movement is maintained by communication.
Some key points related to communication channel are-
Whatever method of communication we use, it's critical that the information is effectively communicated. "Communication channels" are any of several modalities or media used to send and receive information.Writing, speaking, nonverbal communication, visual communication, and other forms of communication are just a few of the ways we might communicate.Any of the individuals involved in a transmission must have a direct line of contact. N(N-1)/2 is the maximum number of direct routes that can coexist with "N" stakeholders. A team's number of channels grows considerably more quickly as the various stakeholders does. Communication may become extremely complex due to the large number of channels.To know more about communication channel, here
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How does having a menu that is uniform around the country provide mcdonald's with economies of scale? how is menu planning made more complex by expanding into other countries?
Yes, a uniform menu allows for centralized planning and distribution without having to many different factories/suppliers.
Menu:
If the food menu is consistent, it can be said that economies of scale would be in effect. This is due to the fact that the fixed cost per unit actually gets to decrease, which then leads to a decrease in the average cost of production per unit as the sales volume keeps on increasing, giving the company a cost advantage and resulting in economies of scale. However, when extending to other nations, the menu planning becomes more difficult because local preferences and cultural norms vary widely. For example, beef is not allowed in India, thus the menu must be designed accordingly.McDonald's benefits from economies of scale since customers can place larger orders to reduce the price of their food when there is a standard menu across the nation. The more of a good is produced, the lower the per-unit fixed cost is since these expenses are spread across a larger number of goods, according to Investopedia. Additionally, everywhere you travel in the nation, people are aware of what is on their menu.Learn more about menu here brainly.com/question/24068570
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During the month of September, Norris Industries issued a check in the amount of $845 to a supplier on account. The check cleared the bank during September. The disbursement was recorded incorrectly as $854. The journal entry to correct this mistake when discovered will include:
The journal entry to correct this mistake when discovered will include a credit to accounts payable for $9.
What is a journal entry?These are entries that entails the detailed record of all the transactions done by a business such as reconciling accounts and transferring information to other accounting records.
Given data
Norris Industries issued a check in the amount of $845 to a supplier on account.The disbursement was recorded incorrectly as $854.Adjusting entry amount = $854 - $845
Adjusting entry amount = $9
Therefore, the journal entry to correct this mistake when discovered will include a credit to accounts payable for $9.
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Increasing the batch size on a resource with setups always increases the capacity of the resource. True or false?.
false,Increasing the batch size on a resource with setups always increases the capacity of the resource.
What is resource?All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources.
All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability: renewable and non-renewable resources. They can also be characterized as actual or potential based on their level of development and use, as biotic or abiotic based on their origin, and as ubiquitous or localized based on their distribution (private, community-owned, national and international resources).
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The indiana real estate recovery fund has a balance in excess of $750,000 at the end of the state’s fiscal year. the amount in the fund in excess of $750,000 will be paid to the?
The Indiana real estate recovery fund has a balance in excess of $750,000 at the end of the state’s fiscal year. the amount in the fund in excess of $750,000 will be paid to the Indiana state general fund.
NASBO defines a general fund as "the main source of funding for a state's operations. State taxes with a broad base of application generate revenue." Sales taxes, corporate income taxes, and personal income taxes are the three main sources of funding for the general budget.
The main fund a government entity uses is a general fund. All resource inflows and outflows that aren't connected to special-purpose funds are tracked in this fund. The primary administrative and operational responsibilities of the government body are represented by the expenditures made from the general fund.
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Theo runs a company that creates centerpieces and decorative sculptures for events. After deciding on the materials and tools required to make each piece, what should theo’s next step be?
After Theo has decided on the materials and tools to make a piece, he should decide on a sequence of tasks and assign each of his workers a different aspect of the work.
What should Theo do next?After Theo has made sure of the materials and tools he needs to make the centerpieces and decorative sculptures that the company makes, he needs to assign various tasks to his employees.
These various tasks would help the work go faster and more efficiently as everyone would simply focus on their assigned jobs.
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What is the role of debt is the pecking order theory of capital structure? How does it differ under the stulz (1990) model?
The role of debt is the pecking order theory of capital structure are-
The pecking order theory states that a company should prefer to finance itself first internally through retained earnings. If this source of financing is unavailable, a company should then finance itself through debt. This pecking order is important because it signals to the public how the company is performing. An obvious implication of the pecking order theory is that highly profitable firms that generate high earnings are expected to use less debt capital than those that are not very profitable. So here the debt component will be minimal.
Hierarchy theory states that companies must first raise internal funds through retained earnings. If this source of funding is not available, companies will have to raise funds through debt. Finally, as a last resort, companies should raise capital by issuing new shares.
In hierarchy theory, companies prioritize their funding sources (from internal funding to equity) and view equity funding as a last resort. Internal funds are used first, and debt is used when they are exhausted. Equity is issued when issuing more bonds is unwise.
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The chapters covered this week deal with common and preferred stock financing, as well as dividend policy and retained earnings, which can be related to the concept of investments. From a christian worldview, what does the bible say about investments?.
Christians should invest, not simply to accumulate wealth for their own sake, but to increase their effectiveness for God’s Kingdom. Teaching Christians to invest is as important as teaching them how to budget. It’s all part of living as faithful stewards.
What the Bible Says About Investing?Investing is a way to multiply the resources God has given us to provide for our current and future needs. It is also a means to increase what we have available to impact God’s kingdom.
The stewards in Matthew 25:14-28 that multiplied their talents were commended for their good work but also entrusted with more talents.God is faithful to always provide for our needs, and He is not against prosperity. However, we are responsible to be faithful in return to use our resources to honor God.
If you desire to be entrusted with greater riches, you need to be faithful with few (Luke 16:10-11). This means learning to be content with what you have and disciplined in your management of a little.
Reasons To Invest :
1. To Further God’s Work.
In Acts 4:34, the believers sold their own land and possessions to meet the needs of other believers. God blessed some with a surplus to be used in the future.
Obviously, those that have more are able to give more to God’s work. That doesn’t mean that everyone will, but I encourage you to be generous in how you give.
2. To Care For Your Family.
Having a surplus doesn’t necessarily mean you have to give it all away. Giving and saving are both biblical principles, and stewards should have a proper balance between the two.
We are to give first to advance God’s work, save a portion to ensure we have an Emergency Fund, and then begin investing. Investing can be a wise way to save for college tuition, to provide for yourself during your later years of life, or to leave an inheritance for your children.
3. To Be Free.
When you have planned for your future and have the ability to personally fund your living expenses without working, then both your time and money are available to be used for the Kingdom.
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Question 1 (Multiple Choice Worth 4 points)
(01.08 MC)
Why might people choose a traditional savings account over other more aggressive savings plans?
O They fear the potential for identity theft.
They have a high risk tolerance for investing.
O They want to grow their money at a fast rate.
O They need to be able to withdraw funds at any time.
Answer:
D. They need to be able to withdraw funds at any time.
Explanation:
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Silver fire electric inc. , a u. s. -based company, has productive activities in more than two countries. Silver fire electric is what type of enterprise?
Silver Fire Electric Inc is a multinational enterprise.
A multinational enterprise, abbreviated as MNE and every so often also known as multinational corporation (MNC), just multinational or international corporation, is an employer generating items or delivering offerings in more than one country.
A multinational business enterprise is a corporate employer that owns and controls the manufacturing of goods or offerings in as a minimum one united states apart from its domestic united states.
Multinational corporations assist to create employment possibilities and international. Inward investments with the aid of MNCs construct a great deal-needed overseas currency for developing and growing economies. they also generate employment possibilities and assist enhance the expectation of what's possible in lesser advanced countries.
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Which person would need the least amount of collision coverage from their auto insurance?
A - Umme is a new driver and her parents bought her a reliable used car that she needs for work
B - Samir is a new driver and his parents bought him a new sports car for his 16th birthday
C - Indira has a clean driving record, drives to work everyday, and leases a new car
D - Harry has a clean driving record, rarely drives, and owns an older car that he plans to replace in a few years
Barbara is wanting to invest for her retirement. what is not something she needs to consider?
Barbara should consider the relative risk of the investment, the safety of the investment, the amount of money she is willing to invest and she could not need too know about the number of banks in her area.
What is Investing ?
Investing exists as an effective method to put your money to work and potentially build wealth. Smart investing may permit your money to outpace inflation and growth in value. The greater growth potential of investing exists mainly due to the power of compounding and the risk-return tradeoff.
Usually, you select to invest your funds for long-term financial objectives like retirement because you have a more extended time frame to recover from stock market fluctuations. If the financial goal exists short-term, say five years or less, it's usually smarter to park your money in a high-yield savings account.
Barbara should consider the relative risk of the investment, the safety of the investment, the amount of money she is willing to invest and she could not need too know about the number of banks in her area.
Hence, Option A is correct.
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The complete question is,
Barbara is wanting to invest for her retirement. What is NOT something she needs to consider?
A. the number of banks in her area
B. the relative risk of the investment
C. the safety of the investment
D. the amount of money she is willing to invest
Describe the features of a voucher system and list typical supporting documents for a voucher
A voucher has the following features:
Voucher is a written documentary evidence.
It supports the entry which appears in the company’s books of accounts.
It also justifies the correctness of the entries made in the books.
Vouchers are pre-numbered, which helps in simplifying the audit trail.
Vouchers state the complete details of the transaction
Vouchers contain true and complete details of the transactions
It is prepared by the firm’s accountant and also countersigned by the firm’s accountant.
It is used for internal accounting control, which makes confirm that every transaction is duly authorized.
It is prepared at the time the transaction takes place.
Some of the supporting documents in a voucher can include:
Invoice received from the supplier.
Terms for payment including the amount owed, the due date of voucher, and any discounts granted by the supplier for paying the invoice early.
Vendor or supplier name to whom it is to be paid.
The company's purchase order.
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Potential advantages of dropping a product line or other segment include Blank______. Multiple select question. increasing relevant costs that the company incurs avoiding more fixed costs than the company loses in contribution margin an overall increase in net operating income an overall decrease in other product line sales
Potential advantages of dropping a product line or other segment include avoiding more fixed costs than the company loses in contribution margin.
A section should best be introduced if the increase in total contribution margin is extra than the increase in fixed value, a segment needs to be dropped only if the decrease in general contribution margin is less than the lower in fixed cost.
While finding out if a business enterprise has to drop an unprofitable section, the corporation must create a section contribution margin profits statement. If the contribution margin is advantageous, the enterprise has to recollect direct and commonplace constant charges, what to do with freed capability and the impact on sales of different products.
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What particular business conditions and/or strategy might make telling or not telling the more advantageous option?
Telling employees gain motivates personnel to do their high-quality work. after they realize there are possibilities for advancement, they will do their process to a better standard to electrify those who are looking.
4 everyday business-level strategies emerge from those choices: (1) huge cost management, (2) wide differentiation, (three) targeted cost leadership, and (four) centered differentiation. In rare cases, companies are able to provide both low costs and particular capabilities that customers discover acceptable.
Put clearly, business strategy is a clear set of plans, actions and desires that outlines how a commercial enterprise will compete in a selected market, or markets, with a product or number of products or services.
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Paid vacations and sick leave are
Question 3 options:
required by law.
not required by law.
universal.
a minimum of 12 weeks.
Answer:
required by
Explanation:
Answer:
New answers
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Paid vacations and sick leave are not required by law.
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Added 1/26/2021 2:10:24 AM
This answer has been confirmed as correct and helpful.
Explanation:
When clients’ fees for services are paid through a third-party payment system, the most likely source for this funding is (are)?
When clients’ fees for services are paid through a third-party payment system, the most likely source for this funding is insurance reimbursement.
Reimbursement Policies are those insurance policies in which the insured must first pay losses from out-of- his pocket and then seek reimbursement for any covered loss from the insurer.
It is opposite to the policies in which the insurer is required to "pay losses on behalf of" an insured to third party.
A reimbursement of the insured occurs only when an insurance company refunds an amount of money which it owes to a policyholder. This refund could be for losses which the insured has experienced and that the insurance company which are legally responsible for the handling, for the expenses incurred by the policyholder, or for some other reasons.
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What is the name of the promotional strategy that involves coordinating the various promotional?
"Integrated marketing communications" is the promotional strategy that involves coordinating the various promotional.
What is Integrated marketing communications?The practise of combining company's marketing elements, including such public relations, social networks, audience analytics, business growth concepts, and advertising, into a brand image that is constant across various media channels is known as integrated marketing communication (IMC).
Some key features of integrated marketing communication are-
It enables both public and private organisations and corporations to provide an enjoyable and smooth customer experience for a good or service, as well as to enhance an organization's reputation and connections with stakeholders. People with experience in marketing communications may look for work throughout the marketing communications sectors, in professions including journalism, market consulting and research public relations, non-profit & government, entertainment, and radio, and other related businesses.A multidisciplinary subject called integrated marketing communication includes the use of both traditional and new media. Integrated marketing communications, as its name implies, is a holistic marketing strategy that takes into account marketing strategy within the broader framework of an organization's goals and demands for company development and upkeep.To know more about Integrated marketing communication, here
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