Reasons to adopt an enterprise risk management plan include all of the following except to increase earnings volatility.
What is a risk management plan?
A risk management strategy is an in-depth description of your company's risk management procedure for unique initiatives that present growth and innovation potential. To develop a plan that doesn't jeopardize the company's risk exposure, your risk department, top executives, and key stakeholders must work closely together. It encompasses every aspect of the procedure, including risk identification, evaluation, and action, as well as documentation. The project's risk identification process begins concurrently with it. Risks increase in complexity and quantity with time as the project's specifications become more concrete.
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if the cost of producing cell phones increases, the price and equilibrium quantity of cell phones will most likely change in which of the following ways?
The price and equilibrium quantity of cell phones will probably decline in ratio to quantity if the cost of making them climbs.
What implications do expanding income levels contribute to the smartphone market?
As income levels increase, cell phones will become more ubiquitous. The cost and volume of leased cell phones would soar if no other modifications were made.
The equilibrium price decreases and the proportion required increases as the supply rises while all other factors stay constant. As the supply shrinks, the equilibrium price rises and the amount requested falls.
Therefore, the supply of cell phones will decrease if wage rises result in increased production costs for cell phone retailers.
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senior leadership at a major telecommunications firm is working to design a balanced scorecard to better monitor and evaluate its business performance. when creating a balanced scorecard that depicts the company from a(n) perspective, senior management selects critical business indicators that include improving operating efficiency, launching new products, continuous improvement, and empowering the workforce.
A balanced scorecard is a strategic management performance statistic that aids businesses in identifying and improving internal processes that support their external objectives.
What does "balanced" actually mean?
When you describe someone as being well-balanced, you're suggesting that they are smart and do not struggle with many emotional problems. Synonyms: rational, calm, well-adjusted, and logical Additional options for well-balanced
Standing straight on the ledge, I. He had a football balanced on his head. Your ability to balance may be impacted by your current drugs. In moderation, combine spicy and healthy meals.
In order to have a balanced life, you must be able to attend important personal events and get home after finishing your daily activities.
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suppose the price of peanut butter increases sharply. how will this influence the market for jelly? supply and demand graph
If peanut butter is subject to a tax, the price of jelly will rise and jelly demand would fall.
Considering the market for a typical good like peanut butter. assuming that there is near-perfect competition in this market. Jelly's demand declines as its price increases.
A typical good is one that has an increase in demand as a result of increased consumer income. In other words, demand for common goods increases as earnings increase, while demand decreases as incomes or employment levels decline. In contrast to the quality of the good itself, the term "normal good," often referred to as "necessary good," refers to the degree of demand for a good in relation to wage growth or contraction.
The relationship between income and demand for a typical good is elastic. Demand changes and income changes are positively correlated or move in the same direction, for better or worse.
The income elasticity of demand measures how much the amount of a good's demand varies in response to a change in income. Understanding how changing levels of purchasing power influence alterations in consumption patterns is useful.
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the net income reported on the income statement is $62,904. however, adjusting entries have not been made at the end of the period for the supplies expense of $2,362 and accrued salaries of $1,627. net income, as corrected, is
The net income reported on the income statement is $62,904. however, adjusting entries have not been made at the end of the period for the supplies expense of $2,362 and accrued salaries of $1,627. net income, as corrected, is $66,893.
What do you mean by net income?
Net income is a financial term used to describe the total amount of money a person or business has earned after all expenses, costs, and taxes have been deducted. It is also known as the bottom line because it is the last item on a company's income statement. Net income is an important metric for both businesses and individual investors, as it represents the overall profitability of the company or investor. It is also used to determine a company's dividend payout and the amount of taxes due. Net income is a key measure of financial performance, and is typically the primary focus of investors and analysts when evaluating a company's financial health.
So, The required answer is $66,893.
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true/false. the firm which sets the dominant product design goes on to be the most profitable firm in the industry.
The given statement ''The firm which sets the dominant product design goes on to be the most profitable firm in the industry.'' is false.
What is a firm in business?A company that offers professional services and is for-profit, such as a corporation, limited liability company (LLC), or partnership, is called a firm. The majority of businesses only have one actual location.
A firm is a company that operates with the goal of making money by providing products and services. Both the terms firm and business are appropriate. Different business structures, such as corporations or single proprietorships, are available.
A firm is a company that generates revenue by providing goods and services, typically consulting services.
A company can take any shape. A single proprietorship, partnership, limited liability company, or corporation are some types of businesses.
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the demand curve faced by zoomba is identical to which of its other curves? check all that apply. marginal revenue curve average revenue curve marginal cost curve supply curve
The demand curve for Zoomba is the same as its other curves. the revenue average and marginal curves.
What is meant by demand curve?The functional connection between the price of a commodity and its demand is explained by the law of demand. The demand curve is the most significant illustration of this relationship. The inverse relationship between price and demand is the reason why this curve is always downward sloping. In economics, a demand curve is a graph that shows the relationship between a commodity's price and the amount that is desired at that price. Demand curves can be used to both the price-quantity connection for a single consumer as well as for all consumers in a given market. Because people purchase more goods at cheaper prices, the demand curve slopes downward.To learn more about demand curve, refer to:
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use the following information for palmer co. to compute inventory turnover for 2019 and 2018, and its day's sales in inventory at december 31, 2019 and 2018. (do not round interim calculations. round your answers to one decimal place. use 365 days for a year.) 2019 2018 2017 cost of goods sold $667,134 $442,104 $405,600 ending inventory 92,232 87,840 97,600
Computing Inventory Turnover and Days Sales in Inventory for Palmer Co.:Inventory Turnover:
2019: $667,134 / ($92,232 + $87,840)/2 = 11.0 times
2018: $442,104 / ($87,840 + $97,600)/2 = 6.4 times
How to compute day's sales in inventory at December 31, 2019 and 2018. ?Days Sales in Inventory:2019: 365 / 11.0 = 33.2 days2018: 365 / 6.4 = 57.0 daysExplanation: Inventory Turnover is a measure of how many times a company sells and replaces its stock of goods during a given period. The higher the inventory turnover, the more efficiently a company is selling and replenishing its stock. Days Sales in Inventory represents the average number of days it takes a company to sell its inventory.Conclusion: Palmer Co. improved its inventory management in 2019, as evidenced by the increase in inventory turnover and decrease in days sales in inventory. However, further analysis is needed to determine if these improvements are sustainable and if they have a positive impact on the company's profitability.To learn more about inventory turnover refer:
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which of the following factors impact a business executive's credibility? (choose every correct answer.) a. competence b. being caring c . character d. salary
The qualities that affect a company executive's credibility are competence, compassion, and character.
What three roles play in building credibility?The Three C's of Credibility's parallelism with Aristotle's ethos is no coincidence. According to research on credibility, people make three unconscious judgements about a person's trustworthiness: ability, character, and care. The most effective leaders have all three qualities.
Which three factors are the foundations of credibility?According to social scientists, trustworthiness may be broken down into three parts. Unsurprisingly, there was little deviation from Aristotle's original work in the areas of competence, trust, and goodwill.
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fill in the blank. ___ refer(s) to the price a country receives from foreign buyers for exported products relative to the price the country pays foreign sellers for imported products. multiple choice trade patterns net export price free trade terms of trade
Terms of trade refer to the price a country receives from foreign buyers for exported products relative to the price the country pays foreign sellers for imported products.
The ratio of a country's export prices to tariff rates is represented by the terms of trade (TOT). TOT indices are calculated by subtracting a country's total exports from its total imports. The ratio is computed by dividing the exchange rate by the import price and multiplying the result by 100. When many capital leaves the nation than enters, the TOT is less than 100%. When the TOT exceeds 100%, the country is earning more money from exports than it is spending on imports. The TOT is employed as a measure of a country's economic health, although it can lead experts astray. Changes in import and export prices have an influence on the TOT, and it's critical to understand what prompted the price to rise or fall. TOT measures are frequently recorded in an indicator for financial monitoring. An increase or development in a country's TOT often suggests that export prices have risen while import prices have remained stable or decreased. Export prices, on the other hand, may have fallen, but not as drastically as import prices. Export prices may have remained stable while import prices have fallen, or they may have simply climbed quicker than import prices. All of these conditions can lead to a higher TOT.
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One way to do market research is to look at what other companies are
doing to market the same types of products and services.
O True
Another way to do market research is to conduct surveys of potential customers or focus groups to get feedback on products or services.
O True
generally speaking, as the firm progresses through the industry life cycle you would expect the pvgo to as a percent of share price. multiple choice question. stay the same no typical pattern can be expected decrease increase
The pv should increase as a percentage of share price as the company moves through the industry life cycle, but no typical pattern may be anticipated.
Add the original purchase price to the selling price. The consequence is difference in outcomes.
Divide the investment's gain or loss by its initial value, which is typically its acquisition price.
To get the percentage change in the investment, multiply the figure by 100.
A loss on the investment occurs if the percentage turns out to be negative since the market value is less than the original purchase price, also known as the cost basis.
The dollar equivalent of the gain will be calculated based on the percentage gain or loss.
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[insert your responses to the following: explain the intent of the taxation policy decisions you made of your seven-year term. what were the macroeconomic principles or models that influenced your decision making?]
The goal of taxation should be to raise the revenue needed to meet the government's spending requirements while not distorting economic decision-making or discouraging all Americans from spending, saving, and investing.
What is taxation?The notions that humans respond emotionally to economic situations, as well as through "multiplier effects" that complicate the outcomes, are among the macroeconomic principles that influence taxation policy decision-making.Taxation is the process by which a government raises funds to spend on things like public services and welfare benefits. There are numerous methods for obtaining tax revenue, as well as various definitions and structures for taxation.Taxation is the inherent power by which the sovereign, through its legislative body, raises revenue to cover the government's necessary expenses. It is a method of allocating the costs of the government among those who are privileged to enjoy its benefits while also bearing its burdens.To learn more about taxation refer to :
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FILL IN THE BLANK. future value is the blank____value of an investment at some time in the future
Future value is the cash value of an investment at some time in the future.
Is the value of an investment today equal to its future value?A current asset's future value (FV), which itself is based on an expected rate of growth, is its value at a later stage. Investors and financial planners value its future value since it helps consumers determine the amount that an investment is made now will be worth in the future.
What does an investment's future worth look like?Future value is the worth of a financial item or investment on a certain future date. In other words, future value is the amount of money an investment will be worth, assuming a specified rate of return, after a specific amount of time (interest rate).
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one of the challenges of a fictitious revenue scheme is that it results in an overstatement of liabilities.True or False
One of the challenges of a fictitious revenue scheme is that it results in an overstatement of liabilities. True
What does fictitious income mean?Fictitious Revenues: Fictitious Revenues are the results of sales of products or services that never took place. Fake invoices are one type of fictitious invoices; other types may also include real clients. Even if no items have been delivered and no services have been given, a false invoice can nonetheless be created for a valid customer.
What should you be wary about with fake revenue?A disproportionate rise in accounts receivable in comparison to sales, significant and aged accounts receivable amounts, and subpar cash flow from operations are classic red flags in cases of bogus revenue.
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assign the correct functions of money to each example below. note that more than one function may be assigned to a box.
a.) A Rembrandt painting: Store of Value
b.) A Starbucks gift card: Medium of exchange
c.) A credit card: Medium of exchange
d.) A subway token used in the subway system: Unit of Account
e.) Cigarettes in a POW camp: Unit of Account
A Store of Value is anything that gains value through time rather than losing it. Gold and other precious metals are outstanding value investments because they have nearly unlimited shelf lives. To be a trustworthy store of value, a nation's currency needs to have a healthy economy.
A Medium of exchange is a device or system that acts as a middleman between two parties to enable the exchange of goods and services. A system must represent a standard of value in order to serve as a medium of exchange. Additionally, that criteria must be agreed upon by all parties to the transaction.
Anything that may be used to calculate, record debts, and value goods and services are referred to as a Unit of Account. As an alternative, value metrics, and Money-related factors make up three important account unit characteristics.
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The complete question is:
What are the three functions of money
a.) A store of value, a medium of exchange, a unit of account
b.) A store of value, a bank reserve holding, a medium of exchange
c.) A medium of exchange, a unit of account, a demand deposit
d.) A medium of exchange, a demand deposit, a bank reserve holding
e.) A store of value, a medium of exchange, a unit of account
Assign the correct functions of money to each example below
1.) A Rembrandt painting
2.) A Starbucks gift card
3.) A credit card
4.)A subway token used in the subway system
5.) Cigarettes in a POW camp
TRUE/FALSE. limiting the quantity of imports of a product to protect a domestic industry against foreign competition.
The statement exists true. Restricting imports of a product to defend a domestic market against import competition.
What is it called when a country limits imports?Import quotas regulate the number or amount of different goods that may be brought into the United States over a predetermined time period. Legislation, executive orders, or presidential proclamations can all set quotas.
Governments impose charges called tariffs on a certain class of imported goods. Quotas are import caps that ban a country from importing more of a certain good than a predetermined amount.
A quota is a trade restriction that the government has placed in place that limits the quantity of commodities that a country may import or export in a specific time frame. Countries use quotas in international trade to limit the amount of trade they conduct with other countries.
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which of the following factors do managers consider when evaluating the business strengths dimension of a strategic planning grid?
The concept is Strategic planning. It is a process in which an organization's leaders expression their vision regarding the firm for future.
Factors:
whether the company's employees are able to implement the product and market plan, whether the size, cost, and capabilities of the company allow it to gain profitable market shares, and whether the image and financial plan The company's situation is compatible with goals.Strategic planning is the process by which leaders of an organization define their vision for the future and identify their organization's goals and objectives.
This process involves determining the order in which these goals must be pursued in order for the organization to achieve its vision. The four most widely accepted key elements of business strategy are vision, goal setting, resource allocation, and prioritization.
Question:
What factors do managers consider when evaluating the business strengths dimension of a strategic planning grid?
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Snow Cat manufactures snowmobiles and uses activity-based costing to allocate overhead cost to produce snowmobiles, the company uses four activities. It sets up machines to produce batches of components. Assembly line employees assemble products. Completed snowmobiles are inspected for quality. Maintenance workers clean the factory after production finishes at the end of eac day. 1. If $64,000 of Setup is used as an activity cost pool, which of the following would be used as a cost driver? 2. If $234,000 of Assembly is used as an activity cost pool, which of the following would be used as a cost driver? 3. If $74,000 of Inspection is used as an activity cost pool, which of the following would be used as a cost driver? 4. If $44,000 of Maintenance is used as an activity cost pool, which of the following would be used as a cost driver? Activity 1. Setup 2. Assembly 3. Inspecti 4. Maintenance Activity Cost Driver Number of setups Direct labor hours Number of inspections Number of orders Design modifications Engineering hours Number of orders Square feet Snow Cat manufactures snowmobiles and uses activity-based costing to allocate overhead cost. To produce snowmobiles, the company uses four activities. It sets up machines to produce batches of components. Assembly line employees assemble products. Completed snowmobiles are inspected for quality. Maintenance workers clean the factory after production finishes at the end of each day 1. If $64,000 of Setup is used as an activity cost pool, which of the following would be used as a cost driver? 2. If $234,000 of Assembly is used as an activity cost pool, which of the following would be used as a cost driver? 3. If $74,000 of Inspection is used as an activity cost pool, which of the following would be used as a cost driver? 4. If $44,000 of Maintenance is used as an activity cost pool, which of the following would be used as a cost driver? Activity Cost Driver Number of setups Activity 1. Setup 2. Assembly 3. Inspection 4. Maintenance Design modifications Direct labor hours Number of inspections Square feet
1. If $64,000 of Setup is used as an activity cost pool, the cost driver would be Number of setups.
What is cost pool?
Cost pool is a method of accounting wherein all overhead costs related to a certain activity are grouped together and allocated to products produced by the same activity. The cost pool is typically a collection of indirect costs that are not easily attributable to individual products. The cost pool allows businesses to allocate overhead costs to their respective products in a more accurate and equitable manner. It is important to note that cost pooling helps to ensure accurate pricing of products and to prevent overcharging or undercharging.
2. If $234,000 of Assembly is used as an activity cost pool, the cost driver would be Direct labor hours.
3. If $74,000 of Inspection is used as an activity cost pool, the cost driver would be the Number of inspections.
4. If $44,000 of Maintenance is used as an activity cost pool, the cost driver would be Number of orders.
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in addition to the reforms mentioned in this case, recommend other financial reporting and auditing-related reforms that would likely be effective in preventing or detecting frauds similar to that perpetrated by madoff.
The scam may have been caught earlier if the SEC and the AICPA had collaborated to exchange information. As Friehling had documented that he did not undertake or conduct any audits, the ruling says that Madoff Securities is not obligated to submit the peer review programme to AICPA.
1. The information sent between the two businesses in accordance with the policy would be helpful in identifying fraud.
2. The PCAOB should devote greater resources to responding to whistleblower hotlines by carrying out the rules that demand that specific complaints be dealt with properly.
3. The businesses or corporation need to have taken further steps to confirm the claims made in the financial statements that relate to the investments. The PCAOB must put into practise the rule requiring businesses (like Madoff Securities) to properly respond to the auditor's questions.
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macroeconomics, unlike microeconomics: please choose the correct answer from the following choices, and then select the submit answer button. answer choices concerns the behavior of individual firms and markets. may seek to account for increases in economic living standards over time. focuses on the production and consumption of particular goods. suggests that the behavior of individuals is more important in determining economic outcomes than the aggregate summation of individual behaviors.
The study of economics at the level of a single individual, a small group, or a corporation is known as microeconomics. On the other hand, macroeconomics is the study of a nation's economy as a whole.
What connections do macroeconomics and microeconomics have?
Microeconomics studies human behavior and decision-making. In order to determine macroeconomic indicators like total production and unemployment, these people's activities and decisions are summed together.
What role does macroeconomics have in this test?
Macroeconomics is the study of the economy as a whole. Macroeconomics, or the bigger picture, describes how economies grow and how economic activity changes over time. Inflation, unemployment, economic growth, and government economic policy are further issues that it is worried about.
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when firm a firstly issued 1 million shares through ipo, firm a raised $10/share so it totally raised a $10 million equity fund. now the market price for firm a's stock is $50/share, so today firm a raises a total of $50 million from shareholders. explain.
It was not possible to raise the whole $50 million from shareholders.
What Is an Initial Public Offering (IPO)?A private corporation may issue new shares to the public for the first time through a process known as an initial public offering (IPO). An IPO enables a business to attract equity funding from the general public.
The corporation doesn't receive any cash when the IPO profits are completed. If the share price rises, this indicates that capital has increased or that shareholders' wealth has increased. The company's market value of $50 million should not be represented by any cash flow.
It displays the value of the business, and the same information should be used when making a purchase. In light of this, we may say that a total of $50 million in shareholder funding was not possible.
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subsequent events include which of the following? events or transactions that provide evidence about conditions at the date of the balance sheet, including the estimates inherent in statement preparation. events or transactions that provide evidence about conditions that did not exist at the date of the balance sheet. i only. both i and ii. neither i nor ii. ii only.
Subsequent events includes both events or transactions. Thus, both 1 and 2 would be the correct answer.
What do you mean by subsequent events?
Events that take place after a company's year-end period but before the financial statements are published are referred to as subsequent events. Therefore, between the cut-off date and the day the firm releases its financial accounts, following events are any occurrences. Subsequent developments may need disclosure in a company's financial statements, depending on the circumstances.
A corporation typically has a reporting term of 12 months. A reporting period does not, however, have to correspond to the 12-month period from January 1 to December 31. Typically, businesses will select a year end that falls during a slow time. For instance, when inventory is low at the end of January, merchants often follow a year-end (post-holiday season).
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The market demand schedule or curve for a product shows the relationship between how much of the product buyers are willing and able to buy and theA. product's price.B. buyers' incomes.C. cost of producing the product.D. time period, say, from one month to the next.
A. product's price. The market demand curve, often known as the schedule, depicts the relationship between the quantity of a product that consumers are willing and able to purchase and its price.
The link between the quantity of a product that customers are willing and able to buy and the product's price is shown by the market demand schedule or curve. Demand declines as a result of people becoming less inclined to buy the goods when its price rises. On the other hand, when the product's price drops, more people are eager to buy it, driving up demand. The market demand curve, which is a visual depiction of the market demand schedule, is frequently used to assist businesses in deciding on the best price to charge for their goods. The demand schedule and curve don't account for things like buyer income levels or product production costs.
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calculate iyana's marginal revenue and marginal cost for the first seven phone cases they produce, and plot them on the following graph. use the blue points (circle symbol) to plot marginal revenue and the orange points (square symbol) to plot marginal cost at each quantity.
The marginal cost is another name for this additional expense. When a product's quantity is increased, an additional amount of money is made, which is known as marginal revenue.
The term "at the margin" is used to describe this supplementary income. An increase in quantity results in an increase in the marginal cost. Revenue earned from selling an extra unit is known as marginal revenue, whereas costs associated with selling an extra unit are known as marginal costs.
Each evaluates the monetary difference between predetermined sales thresholds to pinpoint the sweet spot where a business is creating and selling products at maximum efficiency. At this point, productivity is at its highest, and profits are at their highest.
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assume that a company purchases 20% of the common stock of another company for $250,000 on january 1st. on the last day of the on the acquisition year, the fair value of the common stock is $257,000. the investor receives a dividend of $18,000 during the acquisition year. which of the following is the journal entry in the investor's books to record the receipt of dividends under the fair value option?
The journal entry in the investor's books to record the receipt of dividends under the fair value option is Debit Cash for $18,000; Credit Dividend Income for $18,000.
Dividends and common stocks: what are they?
Common stock is a type of security and a form of corporate equity ownership. The terms "voting share" and "ordinary share" are frequently used in contexts other than the United States. They are referred to as equity shares or ordinary shares in the United Kingdom and other Commonwealth nations.
Common stock is a security that represents ownership in a company. Owners of common stock vote on corporate rules and select the board of directors. With this type of stock ownership, long-term rates of return are frequently higher.
A dividend is a benefit that publicly traded companies give to shareholders and is paid for by the company's net profit. Benefits of this kind can come in the form of shares, cash, or other currency equivalents.
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which of the following sentences use clear and correct pronoun references? check all that apply. kristen asked stasia for her notes on value maximization. value maximization is a concept that everyone should know and understand. this will be important for your success. those should be given to him when they return from lunch. during the team-building workshop, employees were asked to list their values and aspirations. this exercise was revealing and productive.
one of the following sentences references pronouns in an appropriate and clear way? Please tick all that apply. Stasia's notes on value maximization were requested by Kristen.
What are in references?
Which of the following sentences uses the proper pronouns in a clear and concise manner? Check the boxes that apply. Stasia was requested for her notes on value maximization by Kristen.
References are individuals who can attest to your character, abilities, work habits, and professional experience. You should be selective while choosing your recommendations. You could be requested to offer the names of persons a potential employer can get in touch with to learn more about you as part of the job search process.
It contextualizes your work, exemplifies the range and depth of your study, and acknowledges the contributions of others.
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southeast manufacturing company has identified the following cost objects:cost object 1: the cost of operating the finishing departmentcost object 2: the cost of a particular product made in junecost object 3: the cost of operating the factorywith respect to these cost objects, the cost of the salary of the supervisor of the finishing department is directly traceable to cost objects:
Southeast manufacturing company has identified the cost objects:cost object the cost of operating the finishing departmentcost object and the cost of operating the factorywith respect to these cost objects.
What is manufacturing company?
A manufacturing company is a business that produces goods or products, typically in bulk, for sale to consumers or other businesses. Manufacturing companies are typically large, multi-national corporations that have factories and processing plants in many different countries. They create a vast range of products, ranging from food and beverages to consumer goods, such as electronics, furniture, and clothing. Manufacturing companies often have multiple divisions and departments that focus on different aspects of the production process, such as research and development, engineering, and marketing. The company's goal is to create products that are both profitable and of high quality.
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Suzy's Temporary Employee (STE) business, located in a big city, can do an online criminal background check in-house for $2.71 per search with a fixed cost of $20,000. A third-party online security firm offered to do a similar security search for $8.00 per person with an annual service contract with STE. If STE's forecast is 2,500 searches next year, should STE continue to do the search in-house or accept the third-party offer? Round your answer for the breakeven quantity to the nearest whole number and round your answer for the amount of saving/loss to the nearest dollar. This problem includes break-even calculations.
Breakeven quantity _____________ searches.
Since the demand forecast of 2,500 searches is (higher,less) than the breakeven quantity, STE (should, should not) outsource the work. STE (saves, loses) $ __________ by outsourcing.
by outsourcing.
7899 searches are needed to break even. STE should (should not) outsource the task because the demand projection of 2,500 searches is (higher,lesser) than the breakeven quantity. By outsourcing, STE makes a $8.9 profit or loss
What is outsourcing?The practise of employing a third party from outside a corporation to carry out tasks or produce commodities that would typically be done internally by the business's own staff and employees is known as outsourcing. Typically, businesses outsource their work in an effort to reduce costs. A contract for outsourcing involves a company hiring a different company to handle a planned or ongoing task that would otherwise be or might be completed internally, i.e. in-house, and occasionally entails moving assets and workers from one company to another. Human resource management, facility management, supply chain management, accounting, customer support and service, marketing, computer aided design, research, content creation, engineering, diagnostic services, and legal paperwork are a few examples of often outsourced tasks.
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which of the following is defined by the scope of a risk management plan? select one. question 1 options: boundaries swot goals consideration
A threat administration plan archives the total process, such as identification, evaluation, and risk mitigation.
It additionally consists of danger manage monitoring, cost-benefit analysis, and financial impacts. In contrast, a danger evaluation is a particular phase of the threat administration process.
What is the scope of a chance assessment?The reason and scope of the chance assessment need to be aligned with the organization's threat administration procedure that takes into consideration both internal and external elements that have an effect on security and enterprise performance.
A scope administration plan outlines the strategies worried in executing your challenge and serves as a guiding principle to preserve the task within precise limits. As a project manager, it's your responsibility to guide your crew via the project life cycle.
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https://brainly.com/question/13778282#SPJ4in its latest social responsibility report general mills describes how it contributed more than 93 million in 2019 to a wide variety
Of nonprofit initiatives and philanthropic organizations. This serves as an illustration of General Mills' dedication to corporate social responsibility (CSR).
General Mills is expressing its awareness of its effect on society and its intention to have a good contribution through giving to charity causes and non-profit organizations. Additionally, by making this kind of investment, businesses may gain the respect and reputation of customers, staff members, and other stakeholders that appreciate socially responsible business practices.
According to the ethical principle of social responsibility, each person is responsible for carrying out their civic responsibilities, and their deeds must benefit society as a whole. The welfare of society and the environment must coexist in harmony with economic progress in this manner.
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In its latest social responsibility report general mills describes,
How it contributed more than 93 million in 2019 to a wide variety?