One of the most important ways that ERPs benefit organizations and their business processes is: Current information is made available to all users involved in the activities and decisions associated with a company's business processes.
Business processes are the ways within which organizations coordinate and organize work activities, information, and knowledge to provide their valuable products or services. It enforces best practices through the business processes embedded within the software.
The importance of business processes can not be overstated. Optimizing business processes can facilitate your avoid mistakes and delays, improving cost-effectiveness, productivity, supplier relationships, and customer satisfaction.
There are Three Broad kinds of Business Processes. Every business is different, and also the categories into which business processes fall will depend upon what your business does. a selected form of task may well be a support process in one business and a core process in another.
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The policies, people, and decision rules that affect the culture and operation of the business are considered:_____.
The policies, people, and decision rules that affect the culture and operation of the business are considered Infrastructural elements
Infrastructure
Infrastructure is the collection of facilities and systems that serve a country, city, or other geographic area, and includes the services and facilities required for the economy, households, and businesses to function. Public and private physical structures include, but are not limited to, roads, railroads, bridges, tunnels, water supplies, sewage systems, electrical grids, and telecommunications (including Internet connectivity and broadband access). Infrastructure is typically understood to be "the physical elements of interconnected systems that deliver commodities and services necessary to enable, sustain, or improve society's living conditions" and the environment.
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Gaslimit is the actual amount of gas spent at the completion of the block creation.
a. true
b. false
The statement is False.
The maximum value that the transaction or function may charge or take from the user is determined by the gas limit, which is used to calculate these fees in units of gas. As a result, the gas limit functions as a security feature that stops huge fees from being unjustly charged as a result of a smart contract defect or the error.
Setting a gas limit establishes the maximum amount of gas that a transaction is permitted to use. The gas limit will have one of two effects on a transaction. The transaction will succeed if there are no additional problems and the gas limit is equal to or more than the amount of gas needed to complete the transaction; The transaction fails if the gas limit is insufficient to carry out the transaction (out of gas). A transaction that fails due to a low transaction gas limit will result in lost gas fees. This is due to the fact that even if a transaction is unsuccessful, miners must use gas to attempt to complete it.
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According to the revenue recognition principle, revenue is to be recognized when:____.
According to the accrual accounting revenue recognition concept, revenues must be recognized when they are earned and realized rather than when cash is received.
A generally accepted accounting standard (GAAP) called revenue recognition specifies the particular circumstances under which revenue is recognized and how to account for it. When a significant event occurs, revenue is typically realized, and the corporation can simply quantify the financial amount. The foundation of any corporate performance is revenue. The sale is the keystone. Regulators are aware of how alluring it may be for businesses to stretch the boundaries of what constitutes income, particularly when not all cash is collected until the task is finished.
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The capacity planning function is closely linked with which two key interorganizational supply chain participants?
The capacity planning function is closely linked with two key interorganizational supply chain participants suppliers and customers.
Supply chain managementThe administration of the flow of goods and services between companies and locations is known as supply chain management, or SCM, in the business world. This can include the transport and processing of raw materials, inventories for goods still being produced, finished goods, and the complete order fulfillment process from the point of production to the point of consumption. The provision of goods and services required by end customers in a supply chain combines networks, channels, and node firms that are interconnected, interrelated, or intertwined.
According to the concept of supply-chain management, it is the "layout, planning, execution, regulation, and tracking of supply chain activities with the objective of creating net value, building a competitive infrastructure, leveraging global logistics, synchronizing supply with demand, and measuring performance globally."
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Assuming that reader direct generates net income of $3,000 and pays dividends of $2,000 in 2021, what would be the ending retained earnings balance at december 31, 2021?
The ending retained earnings as at December 31, 2021 is $1,000.
What is the ending retained earnings?Retained earnings is the cumulative portion of the profit of a company that is not distributed to shareholders as dividends. Retained earnings increase the value of a firm. Net income increases retained earnings. Losses and dividend payment reduces retained earnings.
Retained earnings can be used for working capital and capital expenditures or it can be used to pay off debt obligations of the company. Retained earnings is the link between the income statement and the balance sheet. Retained earnings is recorded in he shareholder's equity section.
If a company does not believe it can use its retained earnings efficiently to generate profits, the retained earnings should be distributed to shareholders as dividends.
Ending retained earnings is net income less dividends.
Ending retained earnings = net income - dividends
$3000 - $2000 = $1000
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Boeing and airbus both had to make difficult decisions to address ethical missteps. Airbus’ decision to dismiss over 100 employees due to ethics and compliance reasons is tied to which managerial role?.
Airbus' decision to dismiss over 100 employees due to ethics and compliance reasons is tied to disturbance handler
What is Disturbance handler?
In this function, a manager frequently acts as a judge, issue solution, or conflict manager in addition to initiating their own activities as necessary. Such measures aim to prevent minor issues from growing into more significant ones. When employees cannot agree on who will perform a particularly unpleasant but important task, the management must resolve the conflict. She performed the disruption handler position by taking action to correct an employee's divergence from the plan.
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Local content regulations provide protection for a domestic producer of parts in much the same way a(n) _____ does, by limiting foreign competition.
Similar to how import quotas support domestic producers of parts by limiting international competition, local content restrictions accomplish the same. Regulations pertaining to local content typically favor producers over consumers, as is the case with all trade rules.
Domestic producers are defined as natural or legal persons based in a participant's territory who create goods in their raw, semi-processed, or finished forms. This definition includes industrial, agricultural, and industrial products. Additionally, the term "domestic producers" in this Agreement refers to domestic producers of comparable or similar items as a whole, or to those whose combined output of those products accounts for a significant share of the overall domestic production of those products.
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How business can apply Delphi techniques to solve business problems?
The Delphi technique is the technique of collecting a panel of professionals and attractive in numerous rounds of questions about a way to ensure enterprise choices or solve an organizational hassle. every answer the professionals provide is nameless. After every spherical, the facilitator reviews and types all the answers.
The Delphi technique is a method used to arrive at a collection opinion or decision by surveying a panel of specialists. experts respond to several rounds of questionnaires, and the responses are aggregated and shared with the organization after each spherical.
The Delphi technique is primarily used by researchers while the available know-how is incomplete or difficult to uncertainty and other strategies that provide higher degrees of evidence can not be used. The goal is to collect professional-based totally judgments and frequently apply them to perceive consensus.
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For minor matters and cases with a dollar value that is relatively low (typically less than $10,000 depending on the state), states provide local courts known as: _______, or _______, or _______.
States offer local courts known as municipal courts, justice of the peace courts, or small-claims courts for minor disputes and cases with a relatively modest cash value (usually less than $10,000 depending on the state).
Metropolitan Court
State judicial systems frequently start at the municipal court level. They often have limited jurisdiction and can hear cases involving petty charges or misdemeanor crimes committed in their city or township. Municipal court procedures are governed by state statutes, which means that they differ from state to state as shown by the following two examples:
Municipal, county, and justice courts are examples of "local" courts that are not supported by the government. They only have jurisdiction over infractions, less serious offenses, and a few other less serious matters.
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Nielsen gathers consumer insights through a variety of ways, including consumer tracking and panels. which type of research is nielsen engaged in during these examples?
The type of data that Nielsen gathers means that the research that is gathered is online marketing research.
What research does Nielsen gather?The use of consumer tracking and panels having online because consumer panels are located online on websites and social media.
This means that the way that Nielsen goes about gathering its data is by copying online marketing research which calls for the usage of consumer discussions on panels online.
Options for this question include:
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Ceo khosrowshahi believes that uber employees should act like owners and share power with managers. Which theorist would most strongly agree with this approach?.
Mary Parker Follett is the theorist, who would most strongly agree with this kind of approach.
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What is power sharing?The term Sharing power is known to be a term that connote the act or way that people tend to influence, learn from, and work with people in a relationships or business settings.
Note that based on the case above, Mary Parker Follett is the theorist, who would most strongly agree with this kind of approach because of what it stands for.
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Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in:_____.
Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in Street Name.
What is a margin account?
A specific type of brokerage account known as a "margin account" is one in which your broker-dealer loans you money to purchase securities (also known as "margin securities") by using online profile as collateral. With some broker-dealers, you might be able to maintain both a currency and a buffer portfolio concurrently.
Therefore,
Staci owns 1,000 shares of stock in a margin account. those shares are most likely held in Street Name.
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Project managers should try to _____ the size of teams or subteams to avoid making communications too complex.
Project managers should try to limit and decrease the size of teams or subteams to avoid making communications too complex.
How do project managers manage communication in the workplace?Successful project managers communicate through a variety of channels using both formal and informal means. This increases the likelihood that messages will be received. To lessen the likelihood of a communication breakdown, use straightforward language, stay on topic, keep messages brief, and provide all the information in one location.
6 effective methods for project team communication:
1. Gather frequently. Hold regular team meetings to discuss strategies.
2. Be welcoming.
3. Be frank, precise, and succinct.
4. Display some decency.
5. Realize that you might not always be right.
6. Utilize online teamwork tools.
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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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What is another name for a back door that was accidentally left in a product by the manufacturer?
A maintenance hook is another name for a back door that was accidentally left in a product by the manufacturer.
A manufacturer is someone or employer that produces finished goods from uncooked substances through the usage of diverse gear, equipment, and processes, and then sells the goods to purchasers, wholesalers, distributors, retailers, or to different manufacturers for the manufacturing of extra complicated goods.
A manufacturer is any business that produces completed items from raw substances. They promote those items to consumers, wholesalers, distributors, shops, and different manufacturers trying to create greater complicated gadgets. producers usually stick with one sort of product.
Definition of a manufacturer is a business or person that produces items. The enterprise that makes a selected brand of shoes is an example of the manufacturer of the sneakers
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The net income (in $million) of a sample of steel fabricators are $86, $67, $86 and $85. what is the modal net income?
The correct answer is 86$
To find the modal net income, we have to figure out the most occuring number. Here, 86$ is most repeating one so, Modal net income is 86$.
The median income or modal net income is the level of income at which half of a population is classified as having an income above it and half as having an income below it. It could not be the same as the median income. The income mode is the one that happens most frequently.
The money that remains after all business expenses have been deducted from gross revenue for a certain reporting period, such as a fiscal quarter, is known as net income. Because it appears in that spot on a company's financial statements, net income, also known as profit or earnings, is occasionally referred to as retained income.
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The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of?
The shared announcements of organizational successes that build and reinforce common bonds among organizational members are the rites of integration.
Rites of integration are defined because the planned social interactions that have a objective of achieving “a temporary sense of closeness” between customers and therefore the service providers. They involve the facilities such as the sharing of information by customers and employees that are extremely necessary for service production. The favorable evaluation, by the customers, of a service delivery process. We describe different types of rites that are the result in varying levels of involvement. The Rites of integration is also known as An event used to “rekindle” the connections among members of the community.
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Each of the following is a determinant of demand except:__________
a. the number of consumers in the market.
b. technology.
c. expectations.
d. tastes.
e. the prices of related goods.
Each of the following is a determinant of demand except Technology
Determinants Of Demand: The variables that affect the economic demand for a good or service are known as demand determinants.
7 Factors which Determine the Demand for Goods
1) Tastes and Preferences of the Consumers
2) Incomes of the People
3) Changes in the Prices of the Related Goods
4) The Number of Consumers in the Market
5) Changes in Propensity to Consume
6) Consumers' Expectations with regard to Future Prices
7) Income Distribution
Each of the following is a determinant of demand except Technology
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A s.w.o.t. analysis includes? opportunities. threats. all of these are included in a s.w.o.t analysis. strengths. weaknesses.
SWOT analysis is a framework for identifying and analyzing a company's strengths, weaknesses, opportunities, and threats. these words make up the SWOT acronym.
The number one intention of SWOT analysis is to boom focus of the factors that cross into creating a business choice or establishing a commercial enterprise approach.
SWOT analysis is a strategic planning and strategic management method used to assist a person or business enterprise pick out Strengths, Weaknesses, opportunities, and Threats related to commercial enterprise opposition or project-making plans. it is every now and then known as situational evaluation or situational evaluation.
A SWOT evaluation is a planning tool that seeks to perceive the Strengths, Weaknesses, opportunities and Threats concerned in a task or agency. it is a framework for matching an employer's dreams, programs and capacities to the surroundings wherein it operates.
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Astore sold 14 more colored shirtsthan white shirts. the white shirtscost$9.95 and colors cost $10.50. if atotal of $310.60 weresold, how many of each type were sold?
Chance theory is the branch of mathematics that deals with numerical representations of the probability that an event will happen or that a statement is true.
What is probability ?The area of mathematics known as probability deals with numerical descriptions of how likely it is for an event to happen or for a claim to be true. The probability of an event is a number between 0 and 1, where, generally speaking, 0 indicates the event's impossibility and 1 indicates its certainty.
The likelihood of an event happening is gauged by probability. Many things are impossible to completely predict in advance. Using it, we can only forecast the probability, or likelihood, of an event occurring.
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A firm is currently using 12 machines. Each machine is capable of producing 100 units of output. It anticipates that by the end of the year, 3 of its machines will wear out.
a) if it expects to sell 1600 units next year, how many machines will it buy?
b) in the future may fewer machines be needed to produce the same output?
Answer:
Im pretty sure that the correct answer would be the letter A
Who is susie mccarthy? what is her job? what does the mph credential following her name signify?
Susie McCarthy worked as a project officer for the CDC Division of Adolescent and School Health for six years in the division that I oversee, Program Development and Services.
A Master of Public Health (MPH) opens the door to a wide range of professions that provide you the chance to make a significant impact on people's lives both now and in the future.
What is MPH ?
According to Dr. Leanne Skehan, clinical faculty of health professions at Southern New Hampshire University, a Master of Public Health (MPH) is an interdisciplinary graduate degree created to educate and develop skills in a variety of fields including epidemiology, environmental health, health policy, biostatistics, programme planning and evaluation, and more (SNHU).Studying the most recent developments in health and wellness will help you change people's attitudes toward their health in a variety of contexts. You will learn scientific approaches and best practises as you work toward your MPH.The potential and variety of public health work prospects that an MPH degree can create can lead to rewarding careers.To know more about MPH visit:
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All the costs appearing on the job cost sheets of the jobs that are being worked on are found in the ______ account.
All the costs appearing on the job cost sheets of the jobs that are being worked on are found in the work in process account.
What is a job cost sheet?
The job cost sheet lists all costs that have been incurred on a particular job till date, which can also be found in the work in process account.
The work in process account contains amounts relating to jobs that are currently being undertaken, as the name indicates, the jobs are still being worked upon not yet completed or finalized.
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The buying and selling of goods or services over computer networks is known as _______, whereas _______ involves using the internet to facilitate every aspect of running a busines
The buying and selling of goods or services over computer networks is known as e-commerce , whereas e-business involves using the internet to facilitate every aspect of running a business.
Which of the following defines an organization?
An organization is a group of people who cooperate, such as a firm, neighborhood association, charity, or union.
What is E-commerce?
E-commerce, often known as electronic commerce, is the exchange of goods and services as well as the sending of money and data through an electronic network, most commonly the internet. These business dealings can be either B2B (business-to-business), B2C (business-to-consumer), C2C (consumer-to-consumer), or C2B.Learn more about E-commerce
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In some cases, organizations will use a(n) __________ to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.
In some cases, organizations will use a(n) request for proposal to solicit ideas for projects when the knowledge requirements for the project are not available in the organization.
What is a request for proposal?This is the term that is used to refer to the type of document that a person would have that is able to make the announcement for a project as well as providing the description for that project and the bids for the people that can be given the projects as contractors.
Hence we can say that business document that announces a project, describes it, and solicits bids from qualified contractors to complete it.
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Planning involves ______. multiple choice question.
a. motivating employees to achieve results
b. setting goals and tactics
c. measuring the company's actual results
d. monitoring the company's actual results
Apparently, planning involves setting goals and tactics. Planning is a systematic process that identifies the most effective plans and techniques to meet the company's objectives and goals. It often involves forecasting trends. Thus, the answer is letter b.
Planning do not involve motivating employees to achieve results but the setting of strategies on how to motivate the workers is part of it. Employee motivation is not increased by planning though. The leading function of management is connected to the role that management plays in inspiring workers to achieve organizational goals.
Measuring and monitoring the company's actual results are not also part of management's planning, too. These are control process of the management.
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If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be:_________
If a company uses $1,600 of its cash to purchase supplies, the effect on the accounting equation would be one asset increases $1,600 and another asset decreases $1,600, causing no effect.
What is an accounting equation?The relationship between a person's or company's assets, liabilities, and owner's equity are represented by the basic accounting equation, often known as the balance sheet equation. It serves as the system's cornerstone. The sum of the debits and credits for each transaction is equal.
Stockholders' equity is referred to as capital in corporations. Since every business transaction impacts at least two accounts, the accounting equation will always be "in balance," which means the left and right sides of a company's balance sheet should always be equal.
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______is defined as the ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment, using the fine focus knob only.
Fine Adjustment Knob is the ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment.
What is the Fine Adjustment Knob?This is the term that is used to refer to the coarse adjustment knob. This is the knob that is used to bring the specimen that is to be used to be in sharp focus especially when the higher power lenses were in use.
Hence we can say that Fine Adjustment Knob is the ability to quickly focus while switching from a lower power lens to a higher power lens with a minimal amount of adjustment.
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Stephanie has only one hour to study for an exam in math or to complete an assignment in economics. for stephanie, the opportunity cost of spending the hour completing the economics assignment is?
Stephanie only has an hour to study for a math exam or complete an economics assignment. For Stephanie, the opportunity cost of spending an hour completing an economics assignment is a higher score on a math exam.
Opportunity cost is a difference of fifteen percentage points. In other words, if investors choose Company A, they are giving up the opportunity to make better profits in the stock market conditions. While some investors want the safest returns, others aim for the highest yields. These investors choose riskier options.
Although this cost is not an accounting concept, so it does not appear in an entity's financial records, it is important in the decision-making process. An indicator of good planning is the proper and detailed management of opportunity costs. Given the importance of calculations such as opportunity cost in a business, then you can take advantage of an accounting system.
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Hannah is a real estate assistant. her broker has asked her to be available for tasks in the field rather than in the office. what would we call hannah?
Hannah is a real estate assistant can also be called an independent contractor.
What does an independent contractor do?An independent contractor is known to be anyone that is said to be self-employed.
They can be a consultant, lawyer, accountant, agent, engineer or any other kind of work which a person is known to provides services to other firms or people for a fee.
Therefore, based on the scenario given, Hannah is a real estate assistant can also be called an independent contractor.
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