what the importance of teamwork
Answer:
Businesses thrive when they have a diverse team of people who can contribute individual ideas. Teamwork helps solve problems. Collaboration within a group can help solve difficult problems. Brainstorming is a good opportunity for the team to exchange ideas and come up with creative ways of doing things.
Explanation:
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Answer:
A teamwork environment promotes an atmosphere that fosters friendship and loyalty. These close-knit relationships motivate employees in parallel and align them to work harder, cooperate and be supportive of one another. Individuals possess diverse talents, weaknesses, communication skills, strengths, and habits.
Explanation:
As more people become self-employed, which allows them to determine how many hours they work per week, we would expect the deadweight loss from the Social Security tax to
Answer: increase, while the revenue that is generated from the tax would reduce.
Explanation:
Deadweight loss occurs when there's a decline in total surplus which is due to the fact that there's a distortion in the market. Social Security tax is a tax that's imposed by the government on the employers and the workers in the country which is used to cater for the old, disabled, veterans etc.
Based on the scenario in the question, we would expect the deadweight loss from the Social Security tax to increase, while the revenue that is generated from the tax would reduce.
Using the word “CAPITALISM,” create an acrostic poem that demonstrates your understanding of the term. Feel free to come back and comment on other student poems as well!
Answer:
Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. In doing so, they enjoy a great deal of legal freedom to dispose of these means, free enterprise production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their company. Hence, the capital owner will not fully consume the profit but reinvest in the business and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is, in principle, limited to that of market master.
Answer:
Explanation:
Controlled
Allows
Political
Innovation
Tolerant
America
Land
Inferior
State
Marketing
Considering the increased focus on values such as sustainability, environmental rights, human rights, and social responsibility, identify the behaviors and actions you might see in boards, senior leadership teams, and employees based on these values.
Explanation:
Globalization and new technologies were partly responsible for society's greater demand for good socio-environmental practices. This was due to the large flow of information that is transmitted over the internet in real time and can show more clearly the environmental and social problems around the world, which makes the population more aware of the search for solutions to such problems. Companies that used scarce environmental resources in a disorderly way now need to include solutions to protect the environment and society.
The multicultural environment of companies facilitated by globalization was also responsible for the adoption of a culturally diversified work environment with actions to promote individual and cultural values.
As a current solution to environmental and social problems, we can see environmental management with practices and procedures that minimize environmental impacts and assist in environmental protection, there are environmental and social programs in every large company, and this is an essential requirement to attract investors and make the company well positioned in the competitive market.
The five steps of strategic decision-making include all of the following except: Identify the alternative actions. Provide an ongoing evaluation of the effectiveness of the decision. Based on strategy and analysis, choose and implement the desired alternative. Determine the strategic issues surrounding the problem. Select the proper cost management technique.
Answer:
The five steps of strategic decision-making include all of the following except:
Select the proper cost management technique.
Explanation:
Strategic decision-making is the process of planning and choosing a course of action to achieve company-wide goals as part of the long-term vision of an organization. It clarifies the company's big picture goals. It provides the organization the opportunity to align its short-term plans with its broad mission, thereby giving clarity and consistency to its operations. The problem is defined with information gathered, which helps to develop plans. The selection of the proper cost management technique is handled at the tactical level.
Skills USA offers the opportunity to practice information technology skills.
A.
True
B.
False
Which one of the following is a formal document to manage and control project execution?
A. WBS
B. The project management plan
C. The organizational management plan
D. The work authorization system
Answer:
B. The project management plan.
Explanation:
This is always been referred to as PMP for shorts and in other words, it is explained to be a form of documented communication for a project and is seen in many cases to raise the chance of making your project a land slide and this comes to reality when order and its structure is seen to be too notch.
In a course of project management, a lot of terminologies are known to be followed in sequence which ranges from initiating, controlling, planning etc. Also its briefing and outlining us seen in the Executive summary.
For 2014, cost of goods available for sale for Tate Corporation was $2,700,000. The gross profit rate on sales was 20%. Sales for the year were $2,400,000. What was the amount of the ending inventory?
Answer:
$780
Explanation:
Gross profit is 20% of sales.
Therefore, gross profit = 20% of $2,400,000
=20/100 x $2,400,000
=0.2 x $2,400,000
=$480,000
Typically, sales - cost of goods sold = gross profit
$2,400,000 - COGS = $480,000
COGS =$,2,400,000 - $480,000
COGS = $1,920,000
In calculating COGS,
COGS = beginning inventory + Purchases - ending inventory
( beginning inventory + Purchases)= Cost of goods available for sale
$1920,000 = 2,700,000 - ending inventory
Ending inventory= $2,700,000 - $1,920,000
Ending inventory =$780,000
How do lines 345-365 illustrate the Cyclops’ societal failure?
What is the best way to answer the question "tell me a little about yourself
Answer:
Tell them what you stand for and what you have done. Tell them what you want to do.
Explanation:
Answer:
say your name and talk about something s you like and something you enjoy doing.
Explanation:
Care facilities are expensive. Your mother wants a single room with her own bath-room. The annual estimated cost is $100,000, but your mother does not anticipate entering the facility for four years. Her life expectancy when she enters the facility will be three years. Currently she has $200,000 in assets that are earning 6 percent. How much must she invest annually to meet her anticipated financial needs
Answer:
$3,384.31
Explanation:
first of all we must determine how much money do you need to pay for 3 years of the facility:
PV = $100,000 x 2.6730 (PV annuity factor, 6%, 3 periods) = $267,300
if your mother does not invest more money, she will have $200,000 x (1 + 6%)⁴ = $252,495
this means that your mother will be $267,300 - $252,495 = $14,805 short
her annual contribution = $14,805 / 4.3746 (FV annuity factor, 6%, 4 periods) = $3,384.31
6. When you find income elasticity of demand, you can determine whether the goods are normal or inferior based on whether your answer is a positive or negative number. Explain. Include definitions of inferior and normal goods in your explanation.
Explanation:
Normal goods are the whose demand decreases with increase in price whereas in economics inferior goods are those whose demand decreases with increase in people's income.
Normal goods have a positive income elasticity of demand; as incomes rise, more goods are demanded at each price level.Inferior goods have a negative income elasticity of demand; as consumers' income rises, they buy fewer inferior goods.
The main difference between value at risk and stress testing is?
Answer:
Stress tests are risk management tools widely used by both institutional investment managers and regulatory authorities. ... Value at Risk calculates the worst case loss over a given time period that won't be exceeded with a given level of confidence.
Answer:
do u have risk at any work or stress in your work?
definition of pre customer contact
Answer and Explanation:
As the name suggests the pre customer contact means contacting the customer before selling the product so that the firm could able to find out the requirement of the customer what he or she needs
The firm has the responsibility to provide the information about their products and services so that the customer could able to decide what he or she actually wants
After the selling the person could become the customer
A person would most likely be able to justify the added cost of flood
insurance in which situation?
A. The person plans to move to an area far from the coast.
B. The person lives in an area that experiences hurricanes.
C. The person has homeowner's insurance that covers floods.
D. The person is in poor health and often goes to the hospital.
Answer:
B. The person lives in an area that experiences hurricanes.
Explanation:
Insurance coverage offers protection against losses caused by risk events stated in the policy document. The insurance company provides financial compensation should the insured suffer losses as a result of a risk covered by the insurance. The policy document states the amount of compensation the insured is entitled.
The amount of compensation is determined by many factors, including premiums. Premiums are considered as the cost of insurance. High premiums indicate that a person has a big insurance cover, which will compensate more in the event of a loss. A person living in a place that experiences hurricanes may want to pay high premiums for a flooding cover. Such a person is greatly exposed to flooding will require significant compensation should floods occur.
Answer:
b
Explanation:
In which stage of extraction, transformation, and load (ETL) into a data warehouse are anomalies detected and corrected?
A) cleanse
B) transformation
C) load
D) extraction
Answer:
A) cleanse
Explanation:
In the stage of extraction, transformation and the load (ETL) that comes into a data warehouse where the anomalies are detected and corrected is the cleanse stage i.e. dirty data is detected in terms of incorrect, non-relevant, etc
So as per the given situation, the option A is correct
And, the rest of the options are incorrect
1.Ima New is a recent employee who initially requires 20 minutes to complete a job task. If she experiences an 80% learning rate, how much time will it take her to complete the sixth task
Answer:
7.78 minutes
Explanation:
Solving Mathematically this will be :
Time for the 6th task = Time for 6 tasks - time for 5 tasks
y = ax^b
where,
y is cumulative time required to produce x units
a is time required to produce first unit of the output
x is the number of units under consideration
b is the log of Learning Curve % divided by 2
therefore,
Time for 6 tasks = 11.23 minutes × 6 tasks
= 67.38 minutes
Time for 5 tasks = 11.92 minutes × 5 tasks
= 59,60 minutes
Time for the 6th task = 67.38 minutes - 59,60 minutes
= 7.78 minutes
Conclusion :
She need 7.78 minutes to complete the 6th task
Determine the number of containers required to support a lean process which uses 200 parts per hour. The time for a container to complete a cycle (move, wait, empty, return, fill) is 0.75 hours. A single container has a capacity of 6 parts. And inefficiency factor of 0.11 is currently being used. (Round any fractional result up to the next higher whole number.)
Solution :
Given :
D = the rate of the planned usage of using the work center = 200 parts per hour
T = the average waiting list for the replenishment of the parts plus the average time of production of a container of parts = 0.75 hours
X = the policy variable which is set by the management - the possible inefficiency of the system = 0.11
C = the capacity of the standard container = 6 parts per container
Therefore the total number of the containers are :
[tex]$N=\frac{DT(1+X)}{C}$[/tex]
[tex]$N=\frac{(200 \times 0.75)(1+0.11)}{6}$[/tex]
N = 27.75 which is almost 28 containers.
The rounding up will cause a system to be a looser while rounding down will make the system tighter. Usually the rounding up is preferable.
The number of containers required to support a lean process will be 28 containers.
The formula that can be used to solve the problem will be:
N = DT(1 + X) / C
where,
D = Planned usage rate = 200T = Average waiting time = 0.75 hours X = Policy variable = 0.11C = Capacity of a standard container = 6Therefore, the number of containers will be:
N = DT( 1 + X) / C
N = (200 × 0.75)(1 + 0.11) / 6
N = 150(1.11) / 6
N = 166.5/6
N = 27.75 = 28
In conclusion, the correct option is 28 containers.
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Exporting is the sale of goods and services to foreign markets.
true or false?
Answer:
true
Explanation:
while import is receiving goods from foreign country
Joey moved from NY to NV because he was transferred by his employer, Big Casinos Inc. His employer reimbursed his moving expenses,
and reported $1,250 on Form W-2, box 1. Joey's actual moving expenses totaled $1,450. How much can Joey claim as an adjustment to
income on Schedule 1, line 13?
Choose one answer
a. $1,250
b. $1,450
c. $200
d. $0
Answer:
Joey can claim as an adjustment to income on Schedule 1, line 13:
d. $0
Explanation:
Joey cannot claim any adjustment to his income because moving expenses are no longer tax-deductible based on the new Tax Cuts and Jobs Act, 2017. Instead of making any adjustment claim, the reimbursement by Joey's employer of his moving expenses to the tune of $1,250 will be included in his income and taxed. Before the new tax law, moving expenses were an adjustment to the adjusted gross income, not an itemized deduction.
D- Joey cannot claim any compensation in the schedule 1 line 13 of the Income Tax Act as per latest amendments that have been made to the Act recently.
The employer of Joey can also put a Tax deductible at source as per the will of Joey on the moving expenses as reimbursed by Big Casinos Inc. for transportation from NY to NV.
Earlier the deduction that could have been claimed by Joey could have been in full to such expenses being borne by him even if they were reimbursed to him by the employer.But after thorough review and reconstruction of the Income Tax Act it was concluded that the expenses reimbursed cannot be deducted by the federal taxation policies as there was tax evasion in this scheme.After amendments several changes changes have been made to the Act and it has been bought to a conclusion that schedule 1 line 13 will no longer be able to be claimed by the taxable person as it has been reimbursed.Hence, the correct option is D that Joey can claim a deduction $0 on his moving expenses that were reimbursed by Big Casinos Inc.
To know more about tax deductions, click the link below.
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A company's product sells at $12.26 per unit and has a $5.39 per unit variable cost. The company's total fixed costs are $96,700. The contribution margin per unit is:
Answer:
$6.87
Explanation:
Calculation for what The contribution margin per unit is:
Selling price per unit $12.26
LessVariable cost per unit ($5.39)
Contribution margin per unit $ 6.87
($12.26-$5.39)
Therefore The contribution margin per unit is: $6.87
According to dr.king,what happens when you don’t harness the drum major instinct?
Explanation:
when one fails to harness this instinct, they end up trying to push others down in order to push themselves up
Discuss Basic elements of Organization structure?
Answer:
This answers may help you
Charles works in a company that has a culture that embodies the importance of creating value for customers among all employees. Which type of orientation does his company embrace
Answer:
Market orientation
Explanation:
The market orientation refer to the orientation where the focus is to be done related to the customer needs and wants and how to satisfy them. It completely focused on designing and selling the goods so that it could satisfy the customer needs that result in earning the profits for the firm
So as per the given situation the company embrace the market orientation
Hence, the same is to be considered
. Assume that the company produces and sells 45,000 units during the year at a selling price of $16 per unit. Prepare a contribution format income statement for the year.
Answer and Explanation:
The preparation of the contribution margin income statement for the year is presented below:
Sales (45,000 units × $16 per unit) $720,000
Less: variable cost (45,000 units × $180,000 ÷ 30,000 units) -$270,000
Contribution margin $450,000
Less: fixed cost -$300,000
Net operating income $150,000
Texas Inc. has 8,000 shares of 6%, $125 par value cumulative preferred stock and 83,000 shares of $1 par value common stock outstanding at December 31. What is the annual dividend on the preferred stock
Answer:
the annual dividend on the preferred stock is $60,000
Explanation:
The computation of the annual dividend on the preferred stock is shown below:
= Number of shares × par value per share × dividend percentage
= 8,000 shares × $125 × 6%
= $60,000
Hence, the annual dividend on the preferred stock is $60,000
We simply applied the above formula and the same is relevant
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Answer:
CFP: CFA: CPA:
* Insurance Planning * Investment Analysis * Accounting
* Retirement Planning * Financial Management * Public Accounting
* Estate Planning Audit
A seller wants to net $100,000 after paying the broker 5% and paying off his loan balance of $200,000. He will also pay documentary stamps on the deed of $2100. What must the property sell for to cover all costs and net the seller his desired amount
Answer: $318,000
Explanation:
The amount that the property must sell to cover all costs and net the seller his desired amount would be:
= ($100,000 + $200,000 + $2100) / (100% - 5%)
= $302,100 / 95%
= $302,100 / 0.95
= $318,000.
A firm in an industry with many other firms spends a significant amount on advertising to ensure consumers recognize their logo. What type of market structure does this firm likely operate in
Answer:
Monopolistic competition
Explanation:
A monopolistic competition is when there are many firms selling differentiated products in an industry.
A monopolistic industry has characteristics of both a monopoly and a perfect competition. The demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
Which statement best describes a pure market economy?