True. For corporations, but not for proprietors, corporate governance and audits are requirements. In general, corporations are subject to less regulation than sole proprietorships.
Partnerships don't actually pay taxes because earnings and losses are shared among the members, who subsequently include the profits in their personal income taxes. Second, while corporations are taxed and their owners (shareholders) are taxed when they get dividends, partnerships avoid double taxation. Thirdly, although corporations do not pass on losses to their shareholders in order to lower the amount of tax due, partnerships do. It is untrue that corporations are subject to less regulation than sole proprietorships because the law does not compel quoted firms to disclose their financial information, whereas it does for unquoted enterprises. Corporations are subject to less regulation than sole proprietorships.
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hubspot test true or false? the more completely you use the marketing hub, the better the individual tools can help you.
True, the more completely you use the marketing hub, the better the individual tools can help you.
What is a marketing hub?In order to provide integrated access to applications and workflows and to add features like collaboration, data integration, and shared analytics, a digital marketing hub is software that spans multiple digital marketing domains (mobile, social, and multichannel).
The purpose of a marketing hub is to assist marketers in creating unique and successful marketing campaigns that result in conversions and more revenue. This is done by analysing the customer's transaction and multichannel behaviour. By combining marketing and big data, the digital marketing hub can deliver personalised offers and content through the channels that reach customers the most successfully.
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he resources used to generate goods and services (such as restaurant meals) are the the resources used to generate goods (such as the nintendo switch) and services (such as restaurant meals) are the production trade-offs. factors of production. production possibilities. opportunity costs.
The resources used to generate goods and services (such as restaurant meals) are the factors of production that include land, labor, capital, and entrepreneurship.
What are the factors of production?The factors of production are essential for businesses to create and produce goods and services. Resources included can be both physical and human resources.
The four factors of production are land, labor, capital, and entrepreneurship.
Land refers to any natural resources that are used to produce goods or services. Labor refers to the human effort needed to produce goods or services. Capital refers to money or other financial resources used to purchase goods or services. Entrepreneurship refers to the ability to organise and manage resources to make a product or service.To know more about factors of production, visit:
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developed countries are facing challenges because their populations areaging due to decreased death rates.increasing due to higher birth rates.losing a sense of economic stabilitypeting for limited natural resources.
Developed countries are facing challenges because their populations are increasing due to higher birth rates.
The birth rates refers to the number of the birth per year. It can be calculated country by country.
The challenges faced by the developed countries are soaring debt, export marginalization, energy poverty and the climate vulnerability. The major problem face by the countries are mass unemployment, poor working conditions, wage gaps and so on.
Due to the lack of infrastructure, poverty in the rural areas and the poor tax collection rates which is usually developed countries are facing challenges due to increasing population.
The correct option is B.
The question is incorrect, the correct question is here:
Developed countries are facing challenges because their populations are
a] aging due to decreased death rates.
b] increasing due to higher birth rates.
c] losing a sense of economic stability.
d] competing for limited natural resources.
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a company has total sales of $720,000, costs are $466,000, and depreciation is $72,000. the tax rate is 25 percent. the interest expense is $30,000. what is the operating cash flow? $216,000 $194,000 $179,000 $162,000 $153,00
A company has total sales of $720,000, costs are $466,000, and depreciation is $72,000. the tax rate is 25 percent. the interest expense is $30,000.
The operating cash flow is $162,000
The operating cash flow is calculated by taking the entire revenues of the firm and deducting the costs, depreciation, taxes, and interest charges.
So, operating cash flow = total sales - costs - depreciation - taxes - interest charges.
First, we must calculate the taxable income:
Taxable income = total sales - costs - depreciation
Taxable income = $720,000 - $466,000 - $72,000
Taxable income = $182,000
The taxes are then calculated:
Taxes = taxable income x tax rate
$182,000 * 0.25 = $45,500 in taxes
Finally, we compute the operational cash flow as follows:
Total sales - costs - depreciation - taxes - interest expenses = operating cash flow
Operating cash flow = $720,000 - $466,000 - $72,000 - $45,500 - $30,000=$162,000
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borrowers with fixed rate mortgages generally benefit if actual inflation is higher than expected inflation. group startstrue or falsetrue, unselectedfalse, unselectedgroup ends
Borrowers with fixed charge mortgages commonly benefit if genuine inflation is greater than expected inflation. True.
Which of the following is a benefit of fixed interest costs for borrowers?The most important benefit of a fixed-rate loan is that borrowers can precisely predict monthly costs and future expenses, permitting them to finances accordingly.
Any divergence between authentic and anticipated inflation therefore leads to a redistribution, both from the borrower to the lender or from the lender to the borrower. When inflation is higher than expected, the borrower is higher off, and the lender is worse off.
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brainly.com/question/850547#SPJ4allowance for uncollectible accounts is classified as
Allowance for uncollectible accounts, also known as the allowance for doubtful accounts or allowance for bad debts, is a contra-asset account that is classified as a current liability in the balance sheet.
What is allowance for uncollectible ?The amount of accounts receivable that a business anticipates it won't be able to collect from its clients is represented by the allowance for uncollectible accounts. It is noted as a decrease to the balance of accounts receivable, which indicates the sums that a business is due by its clients. The purpose of the allowance is to paint a more accurate image of a company's accounts receivable and its capacity to recover those sums.For instance, a corporation might show net accounts receivable of $95,000 on its balance sheet if it had $100,000 in accounts receivable and $5,000 in allowance for uncollectible accounts. The amount of net accounts receivable is the company's best projection of the money it will actually get back from consumers.
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an automobile that is a total loss as a result of a collision is an example of which of the following types of risk? i.speculative risk; ii.diversifiable risk
An automobile that is a total loss as a result of a collision is an example of diversifiable risk .
What is Diversifiable Risk?
The potential for a change in a security's price as a result of the unique features of that security is known as diversifiable risk. This kind of risk can be reduced and ultimately eliminated by diversifying an investor's portfolio.
What does diversifiable risk with an example mean?
Unsystematic risk and diversifiable risk are two different terms. It is referred to as firm-specific risk and affects the price of that specific stock rather than having an overall negative influence on the sector or industry in which the firm works.
A labor strike or a fine imposed by the government on a company would be two straightforward examples of diversifiable risks.
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standard direct labor hours per unit of product 2 budgeted finished units for the period 6,700 actual number of finished units produced 5,500 standard wage rate per direct labor hour (sp) $ 27.00 direct labor costs incurred $ 300,000 actual wage rate per direct labor hour (ap) $ 25.00 the total direct labor variance for october, rounded to the nearest dollar, was
A $27,000 adverse change in direct labor efficiency was recorded for October.
How is the effectiveness of direct labor affected?The following factors could be to blame for a favorable labor efficiency variance: hiring more people with high levels of expertise (this may adversely impact labor rate variance). training of the staff in more efficient production techniques and procedures. utilization of better-quality, more controllable raw materials.
The direct labor efficiency variance is the cost of the difference between the anticipated and actual number of work hours required for the operations.
The direct labor efficiency variance was calculated.
Using this equation
Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour
Let plug in the formula
Direct labor efficiency variance=(5,500 × 2 - $300,000 ÷ $ 25.00) × $27.00
Direct labor efficiency variance= (11000 - $12,000) × $27
Direct labor efficiency variance= $1,000 × $27
Direct labor efficiency variance= $27,000 unfavorable
Consequently, direct labor efficiency variance was $27,000 in the negative.
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item 4 the topics of gross domestic product (gdp), the unemployment rate, and price indexes are examples of which branch of economics?
The topics of gross domestic product (GDP), the unemployment rate, and price indexes are examples of macroeconomics.
What is macroeconomics?
Macroeconomics is a subfield of economics that focuses on the behaviour of the economy as a whole, including the markets, firms, customers, and governments. Macroeconomics studies trends in the economy as a whole, including inflation, price levels, economic growth rates, national income, GDP, and changes in unemployment.
What causes unemployment is one of the important issues that macroeconomics deals with. Why does inflation occur? What fuels or encourages economic expansion? Macroeconomics makes an effort to gauge an economy's performance, comprehend the factors that influence it, and forecast how it can change.
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according to the law of , producing significantly more of a product than current levels will come at a higher cost, so the price of the good must rise for sellers to be willing and able to increase the quantity of the good they supply to the market. multiple choice question.
According to the law of increasing opportunity costs , producing significantly more of a product than current levels will come at a higher cost, so the price of the good must rise for sellers to be willing and able to increase the quantity of the good they supply to the market.
In the term of economic, the opportunity cost of a particular activity generally can be defined as the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. There are two major types of opportunity costs, such as explicit opportunity cost and implicit opportunity cost. Opportunity cost has a function to help individuals and organizations make better choices.
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the management systems of leading firms in mature industries such as ups, wal-mart, nucor, and exxonmobil are characterized by
The management systems of leading firms in mature industries such as ups, Walmart, Nucor, and ExxonMobil are characterized by financial controls, HR policies, and operating practices which are tightly integrated with demanding performance targets. Thus, option (d) is correct.
What is management?The term “management” refers to the act of managing. The management of the business activities. Management is the basis of art, science, and the profession. Management are they manage the organization. Management are based of the different functions are the step by step.
According to the management systems of most common firms such as ExxonMobil, Walmart, and Nucor are the characterized by the different department is financial controls, operating practices, task management, productivity, HR policies, and the demanding performance targets.
As a result, the significance of the management are the aforementioned. Therefore, option (d) is correct.
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Your question is incomplete, but most probably the full question was.
a. High levels of decentralizationb. Metrics-based management systemsc. Stringent bureaucratic controls that also permit significant levels of individual autonomyd. Financial controls, HR policies, and operating practices which are tightly integrated with demanding performance targets.refer to table 3-4. which of the following combinations of wheat and beef could andrea produce in one 8-hour day? a. 10 bushels of wheat and 13 pounds of beef b. 9 bushels of wheat and 25 pounds of beef c. 7 bushels of wheat and 15 pounds of beef d. 16 bushels of wheat and 32 pounds of beef
If Andrea produces beef and wheat at the same pace. Andrea could generate 7 bushels of wheat and 15 pounds of beef in a single 8-hour day.
What are bushels?
Following the Norman Conquest, a new unit of measurement called the bushel was established in England as a midpoint between the pound and the tonne or tun. The London bushel became a recognized unit of measurement for English wine, ale, and grains under Norman laws.
This bushel was defined in terms of the wine gallon at the Assize of Bread and Ale, often attributed to Henry III, around 1266, whereas the London bushel was defined in terms of the bigger corn gallon in the Assize of Weights and Measures, generally attributed to Edward I or II around 1300. In either scenario, it was estimated that the bushel held 64 pounds, 12 ounces, 20 penny weight, and 32 grains.
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Correct question:
Assume that Andrea and Paul can switch between producing wheat and producing beef at a constant rate.
Minutes Needed to Make 1
A bushel of Wheat Pound of Beef
Andrea 30 15
Paul 15 5
Refer to Table 3-4. Which of the following combinations of wheat and beef could Andrea produce in one 8-hour day?
a. 10 bushels of wheat and 13 pounds of beef
b. 9 bushels of wheat and 25 pounds of beef
c. 7 bushels of wheat and 15 pounds of beef
d. 16 bushels of wheat and 32 pounds of beef
choose all that are correct. communication goals can be summed up as including:group of answer choicespersuading your target audience to use your service or purchase your product.increasing savings on marketing materials and channels.reminding your target audience about your brand and encourage them to make a purchase.informing your target audience about your brand.
Providing Information: The intention of PR is to instruct and inform the public about the organization.
What are fundamental dreams of communication?The aim of verbal exchange is to carry information—and the appreciation of that information—from one individual or group to another person or group. This communication technique is divided into three primary components: A sender transmits a message thru a channel to the receiver.
After analyzing this guide, you will better understand the four principal types of communication: Verbal, non-verbal, written, and visual.
Whether it is personal or corporate communication, the main essence of communication is to inform, influence, inspire, motivate, build relationships, learn, achieve inspiration, promote yourself, and socialize.
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brainly.com/question/30437206#SPJ4which of the following statements about nonverbal communication are true? (choose every correct answer.) multiple select question. the meaning of nonverbal communication is less precise than verbal communication. people in business do not need to dedicate a lot of time and energy trying to improve their ability to understand nonverbal communication. nonverbal communication is mostly understood subconsciously and developed instinctively. nonverbal communication accounts for only a negligible amount of meaning in face-to-face business situations.
Option 1st and 2nd are correct. The meaning of nonverbal communication is less precise than that of verbal communication. Business people don't have to spend a lot of time and energy improving their ability to understand non-verbal communication.
Non-verbal communication (NVC) is the transmission of messages or signals through non-verbal platforms such as eye-her contact, facial expressions, gestures, posture, object use, body-her language. This includes the use of social cues, kinematics, distance (proximity), physical environment/appearance, voice (paralanguage), and touch (tactile). A signal consists of three distinct parts, including the basic signal, what the signal is trying to convey, and how to interpret it.
These signals sent to the recipient are highly dependent on the knowledge and empathy of the recipient. It also includes time use (chronemia), eye contact, looking while speaking and listening, frequency of gaze, fixation pattern, dilation of the pupil, and frequency of blinking (ophthalmology).
The study of nonverbal communication began in 1872 with the publication of Charles his Darwinian Expressions of Emotion in Man and Animals. Darwin began researching nonverbal communication after noticing interactions between animals such as lions, tigers, and dogs, and realizing that they also communicate through gestures and facial expressions.
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While one european nation might experience a gain because of the high costs associated with the products it exports to another european nation, that second nation might experience a loss because it is trading fewer products that cost less. which characteristic of the mercantilist theory does this reflect?
a bond that matures in 11 years sells for $1,050. the bond has a face value of $1,000 and a yield to maturity of 8.2981%. the bond pays coupons semiannually. what is the bond's current yield? do not round intermediate calculations. round your answer to two decimal places.
The current yield is 0.0857, Rounded to two decimal places, the bond's current yield is 0.09.
The bond's current yield can be calculated using the formula:
Current Yield = Annual Coupon / Bond PriceIn this case, the bond pays a coupon of $45 every six months, so the annual coupon is $90. Therefore, the current yield is 90 / 1050 = 0.0857. Rounded to two decimal places, the bond's current yield is 0.09.
The process for calculating the bond's current yield is to divide the annual coupon by the bond price. The annual coupon is the amount of money the bond pays out each year in coupons, which in this case is $90. The bond price is the price at which the bond is currently selling, which in this case is $1,050. Therefore, the current yield is 90 / 1050 = 0.0857. Rounded to two decimal places, the bond's current yield is 0.09.
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a manufacturing company wants 55-year-old neema to retire from her job, but she refuses. in response, the company changes her job so that instead of having to stack 80 20-pound packages an hour, she now has to stack 20 eight-pound packages. this best exemplifies:
The answer is Age discrimination, in response, the company changing her job so that instead of having to stack 80 20-pound packages an hour, she now has to stack 20 eight-pound packages best example of age discrimination.
What kind of discrimination is unfair, specifically?When someone treats you unfairly because of a protected characteristic, this is known as direct discrimination. A prime example of direct discrimination would be if you were passed up for a promotion while younger individuals with equivalent skills and experience were promoted.
What happens when discrimination is practiced in real life?Because of her behavior, the dentist claims she is no longer willing to provide treatment. Jeannette's behavior that is related to her disability is the reason the dentist is turning her away. Discrimination based on a disability may be occurring here.
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more homeowners put their houses up for sale during a real estate boom during which home prices increase. does this situation represent:
More homeowners put their houses up for sale during a real estate boom during which home prices increase. does this situation represent: A movement along the supply curve.
What is supply curve?
In economics, the supply curve is a visual depiction of the connection between the price of a good and the amount of it that a seller is willing and able to offer. The graph's horizontal axis represents supply quantity and the vertical axis represents product pricing.
Given that there is a direct correlation between product price and quantity delivered, the supply curve is often shown as a slope increasing higher from left to right (i.e., as the price of a commodity increases in the market, the amount supplied increases). Certain ceteris paribus (other things being equal) requirements must be true for this connection to exist. Among them are the quantity of vendors.
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one primary difference between cost reduction and ve is that cost reduction is part oriented while ve is function oriented? a. true b. false
Given statement one primary difference between cost reduction and ve is that cost reduction is part oriented while ve is function oriented is false.
Value Engineering is a function-oriented, systematic group process and study that seeks to add value to a product, system, or service. This improvement is frequently focused on reducing costs; however, other critical areas such as perceived customer quality and effectiveness are also critical in the value equation.
A cost-cutting programme is a type of method for increasing an organization's profitability or by expecting to get a good result that flows to the bottom line of the financial report and is exempt from any serious damage to the company itself.
Because this programme is much more regarding reducing costs or expenses of the organisation, a good cost reduction programme is all about how to control an organization's damage.
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in 2022 hill corporation reported a net operating loss of $13,800 that it carried forward to 2023. in 2022 hill also reported a net capital loss of $7,650 that it carried forward to 2023. in 2023, ignoring any carryovers from other years, hill reported a loss for tax purposes of $65,500. the current-year loss includes a $21,700 net capital gain. what is hill's 2023 net operating loss?
Hill Corporation's net operating loss for 2023 is $15,950.
To determine Hill Corporation's 2023 net operating loss, we need to first calculate its taxable income for 2023.
Hill Corporation's reported loss for tax purposes in 2023 is $65,500, but this includes a net capital gain of $21,700. Since net capital gains are taxed differently from ordinary income, we need to separate out the capital gain and compute the taxable income for ordinary income separately.
Taxable income for ordinary income = $65,500 - $21,700 = $43,800
Now we need to account for any net operating loss carryover from 2022. Hill Corporation reported a net operating loss of $13,800 in 2022 that it carried forward to 2023. Therefore, we can deduct this carryover from the taxable income for ordinary income calculated above:
Taxable income for ordinary income after NOL carryover = $43,800 - $13,800 = $30,000
Since Hill Corporation had a net capital loss carryover of $7,650 from 2022, we can deduct this amount from the net capital gain of $21,700 reported in 2023:
Net capital gain after NCL carryover = $21,700 - $7,650 = $14,050
Finally, we can calculate the net operating loss for 2023 as follows:
Net operating loss = Taxable income for ordinary income after NOL carryover - Net capital gain after NCL carryover
= $30,000 - $14,050
= $15,950
Therefore, Hill Corporation's net operating loss for 2023 is $15,950.
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in 1987 30 countries met in what country to sign the montreal protocol which mandated a global production freeze on cfcs?
The Montreal Protocol, finalized in 1987, is a global agreement to protect the stratospheric ozone layer by phasing out the production and consumption of ozone-depleting substances (ODS).
What are ozone-depleting substances?
Ozone depletion is made up of two connected occurrences that have been seen since the late 1970s: a continuous drop in ozone levels of roughly 4% and a substantially bigger springtime decrease in stratospheric ozone over Earth's poles. The ozone hole is the name given to the latter phenomenon. Chlorofluorocarbons (CFCs), hydrochlorofluorocarbons (HCFCs), and hydrobromofluorocarbons are among the compounds that cause ozone depletion (HBFCs). The high atmosphere's ozone layer gets thinned due to ozone layer depletion. This occurs when ozone molecules come into touch with chlorine and bromine atoms in the atmosphere and are broken down. Ozone molecules can be destroyed by one chlorine molecule. It doesn't get made as quickly as it gets destroyed.
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Marketing activities often cost 50 percent or more of the selling price of a product or service (T/F)
It is true that marketing expenses frequently account for 50% or more of a selling price of an item or service.
What is selling in principles of marketing?Selling is defined as making other people better at what they already do. Instead of speaking from your position throughout every sales discussion, consider the customer's perspective. Never say "my product is fantastic." Always say, "Let me know how I may help."
What is selling and its type?Any transaction in which money is traded for products or services is considered to be "selling" at the most fundamental level. It explains a method of influencing a buyer's choice to buy by employing a sequence of carefully thought-out and tailored communication strategies.
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With regard to socially responsible behavior, American businesses areA. demanding socially responsible behavior from international suppliers, particularly in the areas of environmental standards and human rights issues.B. holding international suppliers to different standards than American companies must adhere to in the United States.C. not concerned with the ethical or socially responsible behavior of their international suppliers.D. demanding that international suppliers adhere to higher, more costly standards than their American counterparts.
With regard to socially responsible behavior, American businesses are demanding that international suppliers adhere to higher, more costly standards than their American counterparts.
What does "corporate social responsibility" mean?
Corporate social responsibility is a concept in management that encourages businesses to incorporate social and environmental issues into their everyday operations and relationships with stakeholders.
By making a little donation to a neighborhood food bank, even the smallest firm may have an impact on social change. Reducing carbon footprints is one of the most prevalent examples of CSR. enhancing labor laws.
What are the four different categories of CSR?
The four basic categories of CSR are economic responsibility, philanthropic duty, environmental responsibility, and ethical responsibility.
Companies may, however, also take into account additional CSR initiatives, such as those focusing on employee engagement, governance, well-being, and diversity and inclusion.
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in a typical week, cheyenne buys four lattes at starbucks. if the price of lattes doubles, what is the most likely number of lattes she will buy?
In a typical week, Cheyenne buys four lattes at Starbucks. if the price of lattes doubles, then 2 is the most likely number of lattes she will buy.
What is Starbucks?
Starbucks Corporation is a Seattle, Washington-based global American chain of coffee shops and roasteries. It is the biggest chain of coffee shops in the world. The corporation operated 33,833 locations as of November 2021, with 15,444 of those being in the United States. Over 8,900 of Starbucks' U.S. locations are company-operated, and the remaining ones are licenced. Starbucks, which offered a larger range of coffee experiences, is often blamed for the growth of the second wave of coffee culture. Starbucks offers hot and cold beverages, espresso, caffe latte, full and loose-leaf teas, juices, Frappuccino drinks, pastries, and snacks. Whole-bean coffee, micro-ground instant coffee, juices, and pastries are also available. Some products are available only during certain seasons or in a certain area. Depending on the country, most locations provide free Wi-Fi Internet access.
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what is the name of a system that records, processes, reports, and communicates the results of business transactions to provide financial and nonfinancial information for decision-making purposes?
The system is called an accounting system. It is a system of tracking and recording financial transactions, processing financial information, and producing financial reports to be used for decision-making purposes.
What is accounting system?Accounting system is a process of collecting, recording, classifying, analyzing, reporting, and summarizing financial information. It is a way for businesses to keep track of their financial transactions. Accounting systems provide a comprehensive record of all financial activities, including income, expenses, assets, liabilities, and equity.
It typically includes a combination of software and hardware, such as general ledger and accounts payable software, as well as associated hardware such as computers and other networked devices. It is also used to record non-financial information, such as customer and supplier information, inventory and asset records, and payroll data.
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your employer wants to analyze data that come from other sites, such as measuring where people have come from to get to your company’s site. what would you recommend that your company use to determine how people searched the internet to find its products?
An evaluation of the discrepancy between the ideal and actual results of a business endeavor is necessary for the strategic gap analysis technique, a business management technique. It also offers suggestions for actions that can be taken to narrow the gap.
What Is Strategic Gap Analysis?Strategic gap analysis seeks to identify the precise actions that a business can take to accomplish a certain goal. In order to find flaws, a variety of elements—including the time frame, management effectiveness, and financial limitations—are thoroughly examined.A strategic gap analysis is one tool that may be used to assist a business or other organization in assessing if it is getting the optimum return on its resources. It pinpoints the discrepancy between the present situation and the ideal outcome. An organization's strategic goals can be attained by performing a strategic gap analysis, which can highlight potential areas for improvement and pinpoint the resources needed.Strategic gap analysis results from a number of performance evaluations, most notably benchmarking. It is possible to determine whether a company's performance is satisfactory or needs improvement by comparing it to the performance level of an industry or a project, if that benchmark is known. A strategic gap analysis is influenced by a comparison of this kind.To Learn more About strategic gap analysis Refer To:
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tom hears all the time from his human resource director about the value of data, but as the ceo, he prefers to go with his gut when it comes to making decisions. his human resource director knows that to convince tom about the value of using data analytics, he must connect the data to . group of answer choices levels values strategic objectives concepts
His human resource director knows that to convince tom about the value of using data analytics, he must connect the data to strategic objectives
What is data analytics?
Raw data are transformed into useful insights through data analytics. It entails a variety of devices, programs, and procedures for using data to identify patterns and address issues. Business processes can be shaped by data analytics, which can also enhance decision-making and promote company expansion. For instance, it aids in the segmentation of audiences into various demographic categories and the analysis of attitudes and trends in each of them, Rebrov claims, resulting in more precise, accurate, and useable snapshots of public opinion. There are five major forms of business analytics: descriptive, diagnostic, predictive, prescriptive, and cognitive. A large amount of data is processed at various phases of business analytics.
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in the circular flow model do businesses demand or supply? (tricky question, think about it, there are two markets in the model) question 6 options: both demand supply neither
The circular flow model shows how companies operating in product markets give families the products and services they require.
What do businesses need to know about the circular flow concept?Businesses produce income by exchanging goods and services for cash, or in this case, income. In the resource marketplaces, companies buy things. With the money they receive from the sale of their products and services, businesses invest in land, labor, and capital in the market for resources.
Do businesses fulfill supply or demand?According to the rule of supply, businesses expand their supply of goods and services when prices rise because they stand to gain financially. According to the law of demand, fewer consumers make purchases as prices rise. A free market should, in theory, strive towards a quantity and price equilibrium where demand and supply converge.
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makes 1000 items a day. each day she spends 8 hours producing those items. if hired elsewhere she could have earned $250 an hour. the item sells for $15 each. production occurs seven days a week. if the explicit costs total $150,000 per month, what is her accounting profit? a. $300,000 b. $60,000 c. $450,000 d. $240,000
The Correct option is A. Her accounting profit is $300000.
Total revenue=1000*15*30=450000
Explicit cost=150000
Accounting profit=450000-150000=300000
An explicit value is a direct payment made to others in the path of walking a commercial enterprise, together with wage, hire, and materials, instead of implicit prices, where no real payment is made. it's miles feasible nonetheless to underestimate these prices, but: for instance, pension contributions and other "perks" should be taken into consideration while considering the cost of labor.
Express fees are tangible fees that seem in a company's well-known ledger and are used to decide profitability. Examples encompass wages, lease payments, utilities, and uncooked materials. Explicit expenses are out-of-pocket expenses—bills that are clearly made. Wages that a company pays its employees or hires that a firm can pay for its workplace are specific prices. Implicit prices are extra subtle but just as critical. They constitute the opportunity price of the usage of resources already owned by means of the company.
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Complete Question:
A business owner makes 1000 items a day. each day she spends 8 hours producing those items. if hired elsewhere she could have earned $250 an hour. the item sells for $15 each. production occurs seven days a week. if the explicit costs total $150,000 per month, what is her accounting profit?
a. $300,000
b. $60,000
c. $450,000
d. $240,000
which of the following is a result of having scarce economic resources for the production of goods and services? multiple choice question. poverty and unequal distribution of wealth fewer options that require choices deflation the production of unlimited goods and services
B: "Fewer options that require choices" is a result of having scarce economic resources for the production of goods and services.
Scarcity of economic resources means that there is a limited amount of resources available to produce goods and services. As a result, individuals and organizations must make choices about how to allocate these resources. This leads to fewer options for production and requires decisions about which goods and services to produce and which ones to forego. The choices made in the allocation of resources can have significant impacts on the economy, including distribution of wealth and prices. Scarcity creates the need for individuals and organizations to prioritize their wants and needs based on the availability of resources.
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