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
AA Corp can lease a truck for four years at a cost of $25,000
annually. It can instead
buy a truck at a cost of $60,000, with annual maintenance expenses of
$10,000. The truck
will be sold at the end of four years for $12,000. Ignore taxes.
a. What is the equivalent annual cost of buying and maintaining the truck
if the discount rate is 10%?
b. Which is the better option: leasing or buying?
______________________________
LEASING:= $25,000 × 4 Years= $100,000= 10% × $25,000 ÷ 100 - $25,000= $22,500 × 4 Years= $90,000BUYING:= $60,000 + $40,000= $100,000= 10% × $10,000 ÷ 100 - $10,000= $9,000 × 4 Years= $36,000 + $60,000= $96,000LEASING IS A BETTER OPTION______________________________
Which one of the following research is mainly concerned with generalization and with the formulation of a theory?
Analytical research.
Fundamental research.
Applied research.
Quantitative research.
Answer:
b fundamental research
Explanation:
Fundamental research is mainly concerned with generalizations and with the formulation of a theory. It is undertaken for the sole purpose of adding to our knowledge that is fundamental and generalizable. It is called pure or basic research.
2. What is the difference between international marketing and global marketing
Answer:
Global and international
plz follow and thanks me
Explanation:
Global marketing views the whole world as one, and creates products that will only require weeks to fit into any regional marketplace.
International marketing means that marketing decisions are made in the individual countries, with staff who is the most knowledgeable about the target markets.
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Jane is preparing a CMA for a seller’s property. She chooses three comparables and makes the adjustments to take into account each one’s differences with the seller’s property. Comparable 1 has an adjusted value of $289,500. Comparable 2 has an adjusted value of $295,700. Comparable 3 has an adjusted value of $291,300. How will Jane arrive at an estimate of the value of her seller’s property?
Answer:
Jane will arrive at an estimate of the value of her seller’s property by calculating the average for the 3 comparable adjusted values that she has obtained.
This means that the value of the property should be around $292,167.
Explanation:
a) Data and Calculations:
Adjusted values of:
Comparable 1 = $289,500
Comparable 2 295,700
Comparable 3 291,300
Total values = $876,500
Average value = $292,167 ($876,500)
b)A comparative market analysis (CMA) is a series of steps followed to estimate a property's value based on some recently sold and similar properties at same locations as the property being offered for sale or purchase. It is used by the real estate agents and brokers to create their CMA reports, which help the real estate sellers to set the best listing prices for their properties. It is also used by buyers to help them make competitive offers for homes on sale.
Which method of primary research in which marketers study consumers and be their behavior in naturally environment
Answer: Observation
Explanation:
In the observation method, potential customers are studied by their behavior in the natural environment. Examples include shopping, purchasing, complaint, Product return, listening to their demands, and so forth.
This data is recorded and later is used for the analysis of the customer pattern. A great example of this is the search engines in the web browsers which closely observes the user demands and presents them in minimal time.
Answer: ethnographic research
Explanation:
Siskiyou Corp. has cash of $75,000; short-term notes payable of $100,000; accounts receivables of $275,000; accounts payable of $135,000: inventories of $350,000; and accrued expenses of $75,000. What is the firm's net working capital
Answer: $390000
Explanation:
First and foremost, we need to calculate the current assy from the given question which would be:
= $75000 + $275000 + $350000
= $700,000
Also, the current liabilities will be:
= $100000 + $135000 + $75000 = $210000
Therefore, the firm's net working capital willbe the difference between the assets and the liabilities calculated above. This will be:
= $700,000 - $210,000
= $390,000
Rod Dall Co. reports net income of $69,000. The income ratios are Rod 50% and Dall 50%. Indicate the division of net income to each partner, and prepare the entry to distribute the net income. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Explanation:
Computation table;
Particulars Total Rod Dall
Net Income ($69,000)50% $69,000 $34,500 $34,500
Journal Entry;
Account title Debit Credit
P&L App A/C Dr $69,000
To Rod Capital A/C $34,500
To Dall Capital A/C $34,500
The RideEm Bicycles factory can produce 140 bicycles in a day at a total cost of $10,600. It can produce 160 bicycles in a day at a total cost of $11,400. What are the company's daily fixed costs (in dollars)
Answer:
Fixed costs= $5,000
Explanation:
To calculate the fixed costs, we need to use the high-low method.
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (11,400 - 10,600) / (160 - 140)
Variable cost per unit= $40
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 11,400 - (40*160)
Fixed costs= $5,000
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 10,600 - (40*140)
Fixed costs= $5,000
A cup of Starbucks coffee is just as good as a cup of Dunkin Donuts coffee for me (assuming equal sized cups.) The price of coffee at Starbucks used to be $1.50 compared to $1 at Dunkin Donuts. The price of Starbucks coffee increased. My utility is unchanged after the price changed. True False
Answer:
TRUE
Explanation:
It is given that both Starbucks coffee as well as Dunkin Donuts coffee are both perfect for me. They taste same and the quality of the coffee in both are same. The price of Starbucks coffee is more than the coffee in Dunkin Donuts. As a customer I would prefer the lower cost item i.e. the Dunkin Donuts coffee.
After the pandemic, the price of the Starbucks coffee have increased. But my utility of purchasing coffee from Dunkin Donuts is not changed as the price of the Dunkin Donuts coffee is still the lowest between the two. So I will continue buying coffee from Dunkin Donuts like before. Thus my utility remains unchanged.
Suppose we are analyzing the market for coffee. For each of the events given below, state he demand curve and/or the supply curve would shift, provide reasons for the whether t shift, and indicate the effect on the equilibrium price and equilibrium quantity. (12 marks)
a. The price of tea, a substitute for coffee, falls.
b. The price of coffee beans decreases
c. A better method of harvesting coffee beans is introduced.
d. Consumer income falls because of a recession, and coffee is considered a normal g
e. Farmers expect the price of coffee beans to increase next month.
f. Currently, the price of coffee is $2.50 per cup above equilibrium.
Answer:
a. The price of tea, a substitute for coffee, falls.
demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.
b. The price of coffee beans decreases
the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.
c. A better method of harvesting coffee beans is introduced.
the supply curve will shift to the right, increasing total quantity supplied and decreasing equilibrium price.
d. Consumer income falls because of a recession, and coffee is considered a normal g
demand curve will shift to the left, decreasing the equilibrium quantity and decreasing equilibrium price of coffee.
e. Farmers expect the price of coffee beans to increase next month.
supply curve will shift to the left, since coffee bean farmers will not sell their products until the price rises. This will cause a shortage in the supply of coffee beans and a shortage int he supply of coffee, resulting in a higher equilibrium price.
f. Currently, the price of coffee is $2.50 per cup above equilibrium.
the demand curve will shift to the left, decreasing quantity demanded and decreasing equilibrium price
highlight four ways in which business risk may be classified
Answer:
Business risk usually occurs in one of four ways: strategic risk, compliance risk, operational risk, and reputational risk.
Explanation:
What is an organization?
Pls answer me fast
Answer:
A business organization is an entity aimed at carrying on commercial enterprise by providing goods or services, to meet needs of the customers
Jessica is considering putting $50 into a money market account that pays a 4 percent annual interest rate. It will take year(s) for the money to double to $100.
Answer:
18 years
Explanation:
We can apply the future value formula as below
A = P x ( 1 + r) ^ n
where A is the amount: $100
P= principal amount : $50
r=4% or 0.04
n = ??
Therefore
$100 = $50 x ( 1+ 0.04)^n
$100 = $50( 1.04)^n
1.04^n =$100/$50
1.04^n= 2
n =log 2/ log 1.04
n=0.30102999/0.0170333
n=17.67 years
=18 years
Please help, please
QUESTION 2 of 10: You have enough inventory ($3,000,000) to last 30 days for the current orders being processed. However, a new order came in today, which has to be fulfilled in 15 days. This new order will deplete your inventory completely by that time. How much money in inventory must be ordered to last the month? O a) $1,000,000 Ob) $1,250,000 O c) $1,500,000 O d) $3,000,000
Answer:
c) $1,500,000
Explanation:
Typically inventory for $3,000,000 will last for 30 days. The current order will be depleted by the 15th, which is half of 30 days. You require inventory to run for another 15 days. The inventory required will be half or $3,000,000
=$3,000,000 /2
=$1,500,000
A student takes out a college loan of $7000 at an annual percentage rate of 5%, compounded monthly. a. If the student makes payments of $800 per month, how much, to the nearest dollar, does the student owe after 5 months
Answer:
$3,114
Explanation:
The question in other words requires us to find the future value (FV) of the loan after 5 years when monthly payments of $800 are being made every month.
So, using a Financial calculator this can be solved as follows :
PV = $7000
I = 5 %
P/Yr = 12
PMT = - $800
N = 5
FV = ?
Solving for FV by inputting the values as above in the calculator we get $3,114
Conclusion :
The student owes $3,114 after 5 months
This activity is focused on understanding what international business is, why and how it differs from domestic business, why it is important, and its historical development. International business is a broad and potentially complex field of study and practice. There are many different definitions and concepts that are critical to this field, and this activity will emphasize several of the most critical ones that are used throughout the text. Understanding these terms and concepts will help students, managers and policy makers to better understand what international business is, how it differs from domestic business, why it is becoming increasingly important, and how international business has evolved throughout history.
Answer:
ang haba naman po
Explanation:
kaya niyo na iyan hehe
This activity is focused on understanding what international business is international business refers to the commercial activities that involve transactions across borders including the exchange of goods, services, capital and knowledge between countries.
It differs from domestic business due to factors like currency fluctuations, legal systems, cultural variations and geopolitical risks. Its importance has grown as globalization fosters interconnected economies and expanded markets.
The critical concepts include foreign direct investment, multinational corporations, global supply chains, international trade agreements and cultural sensitivity.
For understanding these terms allows students, managers and policy makers for the complexities of operating in a globalized world, navigate international markets and make informed decisions.
The historical development of international business reflects the evolution of trade, technology and geopolitical relations shaping today's interconnected global economy.
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Project management is not without its critics. As you have read, project management has experienced noteworthy failures in implementing computer software. What do you think lies behind the failure of project management to achieve its goals
Answer:
The factors that cause the failure of project management to achieve its goals include the following:
1. The scope of some projects are not well-defined and detailed.
2. Some project managers lack the required project and administrative experience, exposure, and training needed for successful project planning and implementation.
3. Some project managers do not identify the critical project risks from the beginning.
4. Projects that lack formal methods and strategies often fail.
5. It has been established that some project managers and their teams are not well-motivated to deliver their projects, leading to key staff abandoning the company and the projects mid-way.
6. Successful projects require detailed documentation and planning, the setting of deadlines, and the tracking of progress.
7. Leadership is key to effective project management. Without senior management or politicians' buy-in, some projects face massive failure.
Explanation:
Project management starts from the home to the larger society. It involves a fundamental application of process knowledge, management skills, technical tools and key deliverables, and various techniques to project activities in order to meet project goals and requirements. Project managers and organizations that must achieve success should understand the causes of project failure.
All of the statements regarding a dynasty trust are correct, except:
A. Distributions of trust assets are postponed as long as possible.to avoid payment of estate taxes.
B. A transferor can allocate a portion of a GST exemption to each premium payment made to an ILIT to offset GST tax when there are skip-person beneficiaries.
C. A GST exemption applied to annual premiums in an ILIT protects the trust corpus from GST tax.
D. Dynasty trusts can be established in all states.
Answer:
The statement that is not correct regarding a dynasty trust is:
D. Dynasty trusts can be established in all states.
Explanation:
A dynasty trust is a long-term trust created for the purpose of passing wealth from one generation to the next generation, without incurring transfer taxes, such as the gift tax, estate tax, or generation-skipping transfer tax (GSTT) for as long as the assets remain in the trust. The dynasty trust's defining characteristic is its long duration. For example, in California it can last for 90 years.
f the demand for houses increases, the wage of Wage carpenters will ____ and the quantity will ____. Assume bricks and wood are substitute resources. If the price of bricks increases, the price of wood ___ and the quantity ____. If the government removes all regulations for becoming a dentist. The wages for dentists will ____ and the quantity will ___. Assume a company uses two resources, workers and robots, and the MRC for each is $20. Currently the MRP of the last worker hired is $30 and the MRP of the last robot is $10. The company should ____ the number of workers and ____ Quantity of Labor the number of robots.
Answer:
If the demand for houses increases, the wage of Wage carpenters will INCREASE and the quantity will INCREASE. Assume bricks and wood are substitute resources. If the price of bricks increases, the price of wood INCREASE and the quantity WILL INCREASE. If the government removes all regulations for becoming a dentist. The wages for dentists will DECREASE and the quantity will INCREASE. Assume a company uses two resources, workers and robots, and the MRC for each is $20. Currently the MRP of the last worker hired is $30 and the MRP of the last robot is $10. The company should INCREASE the number of workers and DECREASE the number of robots.
Explanation:
If the price of a substitute product increases, the demand of your product will increase. If the demand of a complement product increases, the demand of your product will increase. If regulations are eliminated, the supply of any good or service should increase, shifting the supply curve to the right, increasing quantity and decreasing price. A company will continue to hire labor until marginal cost = marginal revenue.
Which of the following elements determine an organization’s structure in “The National Bank”?
Select one:
a. the organization’s mission
b. all of the above
c. the organization’s strategy
d. the organization’s size
Answer:
b. all of the above
Explanation:
The correct answer is that all of the above determine an organization's structure.
The organization's mission determines its structure because it establishes the main goal of the organization, and everything in the organization is ultimately determined by that.
The organization's strategy also determines its structure because it establishes the departments, employees, and actions, similar to the way that the mission determines these things.
Finally, the organization's size is obviously related to its structure. A large organization will have a more complex structure than a smaller organization for example.
Cindy is a salesperson employed by a window manufacturing company, and she travels to various locations to sell her products. She drives 12,000 miles a year. She adequately accounts to her employer for her business expenses. Her employer reimburses her $4,200 for the mileage driven at 35 cents per mile. Based on the standard mileage rate of 58 cents per mile, her expense was $6,960. Cindy is entitled to deduct on Schedule A, Itemized Deductions, transportation expenses of
Answer:
$2,760
Explanation:
Based on the information given Cindy is entitled to deduct transportation expenses of the amount of $2,760 ($6,960-$4200) reason been that we were told that based on the standard mileage rate her expense was the amount of $6,960 in which her employer only reimburses her the amount of $4,200 which means that she can claim the amount of $2,760 ($6,960-$4200) as the amount that was not reimbursed to her .
Therefore Cindy is entitled to deduct on Schedule A, Itemized Deductions, transportation expenses of $2,760
You decide to save a uniform amount at the end of each month for 12 months so you will have $1000 at the end of 1 yr. The bank where you have a savings account pays 6% interest per annum compounded monthly. How much money do you need to deposit each month
Answer:
$81.13
Explanation:
first we must calculate the effective monthly interest rate:
1.06 = (1 + i)¹²
1.004868 = 1 + i
i = 0.4868%
the future value of this annuity is given, but we need the monthly contribution:
monthly contribution = future value / FV annuity factor
future value = $1,000
FV annuity factor, 0.4868%, 12 periods = 12.32656
monthly contribution = $1,000 / 12.32656 = $81.13
What is the capital gains tax?
A. Tax that is paid to people who are self-employed
B. Tax that is used to provide income for retired and disabled people and
C. Tax that applies to investments and other personal property
D. Tax that is used to provide medical benefits for people age 65 and older
Answer: C. Tax that applies to investments and other personal property
Explanation:
E 2022
Adam, a self-employed taxpayer, did not have all the information he needed to timely file his 2019 tax return by July 15, 2020. Although he requested an automatic extension, he did not include a payment when he filed the extension. He finally filed his return on August 21, 2020, reporting a $900 balance due. How much must he pay in failure-to-file and failure-to-pay penalties
Answer:
Explanation:
From the failure to pay penalty rules:
For an individual taxpayer, the interest rate = federal rate (short term) +3x
Suppose the tax is not paid within the due date, thus penalty is charged
The late payment penalty = 0.5% of tax owed for each respective month up to 25%
Failure to file penalty rule:
Late filing = 4.5% per month up to 22.5%
Thus, both late penality = 4.5% + 0.5% = 5%
The maximum penalty for failure to pay penality & failure to file = 22.5% + 25%
= 47.5%
Tax Failure to Interest Failure Total Total amount
due file penalty to pay Payable Payable by
$900 $81 $11.81 $22.50 $1015.31 12/8/2021
Furniture Co. incurred the following costs during 2016: Conversion costs $240,000 Prime costs $210,000 Manufacturing overhead $115,000 What was the amount of direct materials and direct labor used for the year
Answer:
the amount of direct material and direct labor used is $85,000 and $125,000 respectively
Explanation:
The computation of the direct material and the direct labor used is shown below:
As we know that
Conversion cost = Direct labor + manufacturing overhead
And, the prime cost = direct material + direct labor
So the direct labor is
= Conversion cost - manufacturing overhead
= $240,000 - $115,000
= $125,000
Now the direct material is
= Prime cost - direct labor
= $210,000 - $125,000
= $85,000
hence, the amount of direct material and direct labor used is $85,000 and $125,000 respectively
Choose the best answer to fill in the blanks. When writing for business, it is important to be _______ and make sure that you always use ______ emphasis.
Answer:
positive and polite ; business
Explanation:
Business writing is very important in business. It may be defined as the type or kind of writing which is used in professional settings. It is written with the purpose of conveying relevant information to others in the business for clear and better understanding of the business proposals or important decisions.
A business writing written to a business partner or a client should always be polite and in a positive manner. It should be in effective manner and concise. It may include memos, client proposals, emails, etc.
The writing should be formal writing giving emphasis to business matters and to the point. It is a professional communication tool.
A company is open for business from 9:00 a.m. to 5:00 p.m., five days a week, and it wants to hire two people to fill one forty-hour-per-week position at the company. Which of the following best describes an alternative work schedule that could suit this organization’s circumstances? a. Extended work schedule b. Job sharing c. Alternative workplaces d. Compressed workweek e. Job characteristics approach
Answer:
a. Extended work schedule
Explanation:
In the case when the company is opened from morning 9:00 am to evening 5:00 pm and in a week five days is a working also it wants to hire two people in order to fill 140 hours per week at the company
SO the best alternative work schedule would be the extended work schedule as it is best for those who wants to work as a part time
Therefore the correct option is a.
And the rest of the options are wrong
An extended work schedule is the alternative work schedule that will suit the organization’s circumstances.
An extended work schedule refer to work period which are longer than normal workdays.
Here, the company opens from morning 9:00 am to evening 5:00 pm in five days a week and wants to hire two people to fill 140 hours per week at the company The extended work schedule is the best schedule to suit the situation because the employee will paid if they opt to work extra hours when out of work schedule.Hence, the extended work schedule is the alternative work schedule that will suit the organization’s circumstances.
Therefore, the Option A is correct.
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• Herb and Alice are married and me a joint return. Herb is 74 years old. Alice tumed 70 on February 3, 2020. Neither are blind.
• Herb is a retired school teacher, but continues to work part-time as a substitute teacher. Alice is retired.
• Herb earned $15,000 in wages. They also receive pension and Social Security Income and sold some stock. Their combined AGI is $45.000
• Both Herb and Alice are U.S. citizens and have valid Social Security numbers.
What is the maximum contribution Herb and Alle can make to their traditional IRAS?
A. $0 because Herb and Alice are both over 70 1/2
B. $6,000 for Herb and $6,000 for Alice
C. $7,000 for Herb, because he is over 50, and $0 for Alice because she had no eamings
D. $7,000 for Herb and $7,000 for Alice
Answer:
The maximum contribution Herb and Alice can make to their traditional IRAs are:
C. $7,000 for Herb, because he is over 50, and $0 for Alice because she had no earnings.
Explanation:
Formerly instead of contributing to the traditional IRAs, Herb can contribute $7,000 maximum to the Roth IRA and Alice $0 since they are above 70 1/2 and Alice does not earn any income. However, under the terms of the SECURE Act of 2019, all retirees, like Herb and Alice, can now contribute to traditional IRAs if they earn income. As retirees, Herb and Alice can continue to contribute earned funds to their Roth IRA indefinitely.
Jack retired five years ago and now lives on a fixed-income annuity and a small savings account that pays him 1% interest on the balance. The current inflation rate is 1.7%. * 10 points A. Hurt B. Helped C. Unaffected
Answer:
Hurt
Explanation:
Inflation is a persistent rise in general price level.
Nominal interest = inflation rate + real interest rate
If inflation is 1.7% and he is paid 1% interest. The inflation level is higher than interest paid. So, Jake is hurt because he is not compensated for the inflation level
causes and effects of International Factor Mobility
Answer:
Domestic factor mobility. refers to the ease with which productive factors like labor, capital, land, natural resources, and so on can be reallocated across sectors within the domestic economy. Different degrees of mobility arise because there are different costs associated with moving factors between industries.
Explanation: