Answer:
Variable costs
Explanation:
Variable costs is the term that describes business costs that vary with the production level. An increase in output increases the variable costs. Variable costs are progressive and increase or decrease with the production volume.
Examples of variable costs include raw material and distribution costs. Variable costs contrast with fixed costs, which remain constant throughout a financial period.
laura owns a t-shirt business with fixed costs of $50,000 a year. her selling price per shirt is $15. each shirt has a variable cost of $5. how many shirts does laura need to sell to break even?
The number of shirts that Laura will have to sell to break even is 5000 shirts. The fixed cost is $50,000. The selling price is $15 for each unit. The cost that is variable is $5 for each unit.
The Break-even point formula in units is
The Fixed costs/ (The Selling cost per unit - The Variable cost per unit)
50,000/15-5
50,000/10
5000 units
The Break-even point is the point at which the person will be able to recover their losses. So at that point, he is neither having any loss nor any profit. After they reach this point only will the person start making profits. So Laura will have to sell 5000 units in order to break even.
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The fastest growing economies that make up the Plus 5 group, which meets at the same time as the G-8, does not
include
Canada
Mexico
Brazil
India
Answer:
Canada
Explanation:
The G5 of the group of five comprises five countries with the fastest developing economies. The countries have not achieved the developed status but are recognized as merging market economies. These countries are China, India, Brazil, Mexico, and South Africa.
Canada is a highly developed/ industrialized economy. Canada is a member of the G8 countries.
Economists tend to see humans as ____________, but sociologists would tend to include ____________.
Economists tend to see humans as rational actors, but sociologists would tend to include emotional motivations.
Humans
Humans (Homo sapiens) are the most numerous and ubiquitous primate species, distinguished by bipedalism and huge, complex brains. This has allowed for the creation of advanced technologies, culture, and language. Humans are highly social creatures who inhabit complex social structures made up of various cooperating and competing groups, ranging from families and kinship networks to political states. Human social interactions have produced a vast range of values, social conventions, and rituals that support human society. Curiosity and the human urge to understand and control the environment, as well as to explain and manage occurrences, have driven the evolution of science, philosophy, mythology, religion, and other fields of study.
When theorists such as Coleman investigate 'business actors,' they tend not merely to presume people have rational reasons for acting, but also that these reasons genuinely motivate acts.
Therefore, the correct answer is rational actors and emotional motivations.
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Identifying majors with specific language and mathematics requirements using the degree search selection filters help you solve what type of business problem?.
Identifying majors with specific language and mathematics requirements using the degree search selection filters help you solve structured type of business problem.
What are structured problems in business?The nature of structured problems is routine. Within the organization, they frequently take place in a recognizable or comparable manner. This makes it simple for the organization to understand organized problems.
What is structured problem-solving?A learned technique called structured problem solving (SPS) enables you to take a step back and analyze all of your issues, big or small, in a more organized, concise manner. It's a "thought technique" that's frequently applied in one-on-one coaching and has been shown to be effective in treating mild to moderate depression.
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L’oréal markets several different product brands targeting specific groups of women for cosmetic and beauty aid purchases. The brand managers for each product line have completed competitive assessments and cost estimates and are now ready to _______.
For the sale of cosmetics and beauty products, L'Oréal promotes a number of distinct product brands to particular demographics of women. The brand managers for each product line have finished cost estimates and competition analyses and are now prepared to choose particular target markets.
L'Oréal has divided the market into different segments based on demographic characteristics, such as L'Oréal LUXE for upper middle-class and upper-class customers who identify themselves through their appearance, Dark & Lovely for African women, and professional products for customers offerings/enhancing the looks of specific customers.
It has developed a differentiation strategy to target middle, upper middle, and upper-income class clients, the bulk of whom are working professionals who want to flaunt their identities, in order to target variously categorized customers with its 34 brands in a L'Oréal variety of product categories.
With an emphasis on universalization, or respecting the varied cultures, preferences, and goals of internal and external stakeholders, the brand has established L'Oréal itself as the most ethical cosmetics and beauty care company.
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a famous quarterback just signed a $14 million contract providing $3.5 million a year for 4 years. a less famous receiver signed a $10.6 million 4-year contract providing $3 million now and $3.2 million a year for 4 years. the interest rate is 8%.
The interest rate for a given quantity on an easy hobby may be calculated through the subsequent formula, hobby fee = (simple interest × 100)/(principle × Time).
Present value=Cash flows*Present value of discounting factor(rate%,time period)
Present value=3.5/1.08+3.5/1.08^2+3.5/1.08^3+3.5/1.08^4
=$11.59 million(Approx)
Present value=3+3.2/1.08+3.2/1.08^2+3.2/1.08^3+3.2/1.08^4
=$13.6 million(Approx)
Hence receiver is better paid having a higher present value.
An interest rate tells you the way high the price of borrowing is, or high the rewards are for saving. So, in case you're a borrower, the hobby price is the amount you're charged for borrowing money shown as a percent of the whole amount of the loan. The business enterprise that defines U.S. commercial enterprise cycles, the country-wide Bureau of financial studies NBER, takes a special view.
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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.
The answer is Process Innovation.
Innovation can be defined as a company's mechanism to adapt to a dynamic environment. Therefore, the company is satisfying to be able to create new thoughts, new ideas by offering innovative products and improved services that can be enjoyed by customers.
Based on the form of application, innovation is divided into three, namely:
Product innovation, namely innovation in the emergence of new products.Innovation in service, which is a new way in the form of services provided to customers.Process innovation, which is a new way to make the process of producing a product or service more economical.Meanwhile, based on the level of novelty, innovation is divided into four types, namely:
Incremental innovation, namely innovation by improving existing components. In other words, incremental innovation emphasizes improvement, not change. For example: existing services are continuously improved in quality.Radical innovation, namely innovation by making changes as a whole, both components and existing systems. Radical innovation is rarely found in the field.Modular innovation, namely innovation by making changes to components, but the system used remains the same.
Architectural innovation, namely innovation by making changes to existing systems in new ways and improving existing components without changing them.
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job analysis and job design determine the kinds of employees an organization needs. group starts true or false
Job analysis and job design determine the kinds of employees an organization needs.
The statement is true.
Job analysis investigates and identifies the responsibilities, responsibilities, duties, competencies and information, essential qualifications for a sure activity profile. Job design makes a speciality of integrating the requirements and needs of an worker with the objectives of the agency.
Job design determines those activities, obligations and duties and worker (organization) ought to perform. Process design and task evaluation differs now not simplest on their motive of introduction but additionally their timing of performing. which means job layout is performed before job evaluation.
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therapeutic services pays less than most other careers
true
false
need this awnsered ASAP
As you move through your career and begin to seek promotions, it is helpful to ______. a. Target and train for specific career promotions which fit your needs b. Remain tied to traditional practices in a technologically advancing age c. Show commitment to always doing your job in the same way no matter what d. Compile your professional development and growth every ten years Please select the best answer from the choices provided.
Answer:
a.
Target and train for specific career promotions which fit your needs
Explanation:
what best describes ""accountability"" in journalism? group of answer choices representing and telling stories of company matters
"Accountability" in journalism: Journalism businesses typically apprehend this principle of duty through admitting mistakes and correcting them promptly, as referred to in SPJ's Code of Ethics. most additionally submit complaints in their news efforts contained in letters to the editor.
The definition of accountability is taking or being assigned duty for something that you have executed or something you're presupposed to do. An example of responsibility is when a worker admits mistakes she made on a challenge.
Accountability, in phrases of ethics and governance, is equated with answerability, blameworthiness, legal responsibility, and the expectancy of account-giving. As in a thing of governance, it's been central to discussions related to problems in the public quarter, nonprofit, and personal and personal contexts. duty is a guarantee that a man or woman or an agency could be evaluated on their performance or behavior associated with something for which they're responsible. The term is associated with obligation but is seen as greater from the attitude of oversight.
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the ""voluntary bumping plan"" used by airlines to resolve the problem of overbooked flights was developed by economist
Julian Simon To make up for "no-shows," airlines to some extent oversell their scheduled flights.
What did Julian Simon do?Simon published numerous books and essays, many of which focused on economic issues. His work on immigration, natural resources, and the population is what is most well known about him. Although Simon has rejected the title, he is occasionally linked to views that are cornucopian.
Giving Your Seat Up Against Your Will (Bumping) There may not always be enough volunteers when an airline requests that passengers give up their seats and board another trip. The airline will pick a few people to give up their seats if this happens. "Involuntary denied boarding" or "bumping" is what this is known as.
Airlines typically forecast "no-shows" properly, and everything happens without a hitch. But occasionally, overseas tactics result in passengers being bumped.
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as the price of good a rises as a result of a decrease in the supply of good a, the demand for good b rises. therefore, goods a and b are
Goods a and b are substitute goods.
What are Substitute goods?Substitute goods are goods with similar characteristics that enables consumers or producers use them in place of one other in either the production or consumption process. An example of substitute goods are black pens and blue pens.
if the price of one of the goods in the substitute pair increases, the demand for the substitute increases and if the price of one of the substitute good reduces, the demand for the substitute increases. Thus, there is a positive relationship between the price of one of the substitute pairs and the demand for the other substitute pair, all things being equal.
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cherokee incorporated is a merchandiser that provided the following information: amount number of units sold 12,000 selling price per unit $ 18 variable selling expense per unit $ 2 variable administrative expense per unit $ 1 total fixed selling expense $ 20,000 total fixed administrative expense $ 16,000 beginning merchandise inventory $ 10,000 ending merchandise inventory $ 22,000 merchandise purchases $ 89,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.
By closing c/d = 73000 and Rest selling exp. = 1,72,000
Traditional Income Statement
Particulars Amount Particulars Amount
To opening inventory 10000 By Total fixed sell ex. 20000
To administration expense 16000 By closing inventory 22000
To Merchandise expense 89000 By closing c/d 73000
1,15,000 1,15,000
Contribution margin income statement
Particulars Amount Particulars Amount
To variable admin exp. 12000 By variable selling exp. 24000
To net profit A/c 1,84,000 By selling exp. 1,72,000
1,96,000 1,96,000
W/N
Total selling exp. = 18 × 12000
= 216000
Less :- variable selling exp = 24000
= 192000
Less :- total fixed selling exp = 20000
Rest selling exp. = 1,72,000
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the stogie shop, a cigar store in the mall, sells hand-rolled cigars for $10.00 and machine-made cigars for $2.50 each. what is the opportunity cost of buying a hand-rolled cigar quizlet
4 cigars manufactured by a machine are the opportunity cost of buying a hand-rolled cigar.
What is a machine made?Machine-made can be defined as a product or a good that is being made with the help of machinery. It can be a big investment as well as a small investment depending upon its price.
It is often treated as an asset. If a Cigar is being handed rolled then it cost around dollar 10 but when it is made from the machine it cost dollar 2.50 with can tell that the best opportunity is to the next best alternative one can get.
In this case, the machine-made cigar is the best opportunity the company can get.
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apply the gaps model of service quality to explain what works well and not well in this servicescape.
The Service Quality GAP Model assists the organization in understanding Customer Satisfaction.
The GAP Model is commonly used in the service industry to identify the various deviations that take place during the service delivery process to potential customers. The GAP Model develops a blueprint for the general operation of delivering services and identifies gaps between processes to ensure that the entire model operates efficiently and effectively.
The Service Quality GAP Model assists in identifying gaps between perceived and anticipated service quality. However, the Service gaps model is impacted by technology and may not work well if not up to date with technology.
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Successful entrepreneurs have mindsets that typically possess which three
characteristics? (Choose Three)
Responsible
Adaptable
Nervous
Argumentative
Tenacious
5
Successful entrepreneurs have mindsets that typically possess three characteristics and that is being responsible, adaptable and tenacious. Thus, the correct options are the 1). Responsible, 2). Adaptable and 3). Tenacious.
What are the characteristics of a successful entrepreneur?An entrepreneur refers to an individual who set up a new business, bear most of the risks and enjoy most of the rewards. The process of establishing a business is known as entrepreneurship.
For being a successful entrepreneur, an individual must possess significant characteristics such as passion, open-minded, creativity, risk-taking, approachable, professionalism, knowledge, skills etc.
Basically, an entrepreneur must be capable to handle all the responsibilities in well efficient way.
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Assume that the socially efficient output level in the residential solar panel market is 1,000 units per week, but the industry is only producing 800 units per week at current capacity. The industry’s under-production is causing.
The industry’s under-production is causing society will be deprived of a net gain since the next panel that is produced will have a higher consumer value than the expenses of producing it.
This is further explained below.
What is the industry?Generally, An industry is a sector of an economy that generates a group of closely linked raw materials, commodities, or services, according to the macroeconomics definition of the term.
One may, for instance, make reference to the insurance sector or the timber industry.
In conclusion, Due to the fact that the industry is manufacturing fewer panels than it should be, society will be deprived of a net benefit.
This is because the consumer value of the next panel that is manufactured will be greater than the costs associated with making it.
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What interest is paid for three months on $960 at 2 74% annual interest paid quarterly?
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
through , the domestic firm is able to focus its resources on areas in which it maintains a distinct competitive advantage, such as service offerings or research and development.
Through , the domestic firm is able to focus its resources on areas in outsourcing it preserves a particular competitive advantages, such as through service offerings or R&D.
Competitive advantage
Competitive advantage refers to variables that enable a corporation to produce goods or services better or at a lower cost than competitors.These components allow the manufacturing unit to generate more sales or profits than its competitors in the market. Cost structure, branding, product quality, distribution network, intellectual property, and customer service are all tied to competitive advantages. When a corporation can manufacture a good or service more effectively than its competitors, it gains a comparative advantage, resulting in better profit margins. Customers that are rational will choose the least expensive of any two excellent options provided.
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financial markets and institutions. 8th edition by anthony saunders and marcia cornett and otgo erhem jamts isbn10: 1260772403 isbn13: 9781260772401 copyright: 2022.
Those involved in the acquisition and sale of securities through the financial markets include agents, brokers, institutions, and intermediaries.
Why do we need financial markets and institutions?Markets finance businesses so they can expand through hiring, investing, and expanding. They give the government money to assist in financing the construction of new highways, schools, and hospitals. Additionally, they can assist in reducing the price of your grocery store purchases, mortgage payments, and retirement savings.
Agents, brokers, institutions, and middlemen that deal in the buying and selling of securities make up the financial markets. Contracts, communications networks that create an externally visible financial structure, rules, and friendships connect the numerous people and institutions involved in the financial markets.
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which would be considered assets? check all that apply.own a guitarchecking accountstudent loanstocks and bondsmonthly rentown a mot
The correct options are
own a guitar checking account stocks and bonds own a motorcycleA resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset. The balance sheet of a business lists assets. They are divided into four categories: tangible, financial, fixed, and current. They are acquired or produced in order to raise a company's worth or improve the operations of the company. Whether it's industrial equipment or a patent, an asset may be viewed of as anything that, in the future, can create cash flow, lower expenditures, or increase sales. A resource having economic worth that a person, business, or nation possesses or controls with the hope that it would someday be useful is referred to as an asset.
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An electronics store advertised a television as $17 a day for 30 days rather than the full price of $510. Why did the store choose to advertise the television this way? Because it looks like a deal Because they accept partial payments To help customers pay for it To show the daily consumption cost
Answer:
Because it looks like a deal
Explanation:
The full price of $510 is equivalent to $17 paid for 30 days. However, the $510 appears to be a huge figure when a customer is asked to pay at once.
The $17 sounds like a good deal. It is a psychological way of making The TVs appear cheaper. The advertisement is creating a perception that customers are getting TVs at a lower price.
Interview any adult you know about their job. Ask the person questions related to the job. You should find out whether the person likes his or her job, why he or she is still working at the same organization, and if the person would recommend the organization to others. Write a paragraph on your findings.
Answer:
My Answer: Why did you choose to work here? How do you feel about the organization here? What are you likes about the company? Why are working in the same organization? Would you recommend the organization for future employees?
Explanation:
Plato's Answer: I interviewed my aunt, who works at Triple J Productions. She has been working there for 20 years. When she started out, the company offered voluntary monthly trainings for employees looking to advance. The company had a family picnic every summer for employees and their families. The company was very honest, cared about its employees, customers, etc. Three years ago, the CEO passed away. His son took over the company. Now, they do not have any company picnics. Training has stopped and the company often outsources jobs to employees who will work for low salaries. She is now quite unhappy at the company, but feels that she has invested too much time in it to go somewhere else. Ten years ago, she would have said it is a great place to work. Today, she feels that the company's common practices are sneaky and underhanded and their main motivation is money.
I hope it helps!
gary wants to expand the reach of his business. an effective approach to reaching the most likely potential customers would be marketing. the message will include a link to treble clef's web site.
The type of marketing which Gary chose is SMS Marketing. It is an act where marketing messages are sent via SMS and it is known as SMS Marketing
It is an act where marketing messages are sent via SMS and it is known as SMS Marketing. In this type of marketing, the customer needs to subscribe. This differentiates it from social marketing, in which the marketer posts content that people or customers can choose to like or follow.
And 70% of consumers believe that SMS marketing is an effective strategy for companies to get their attention. Your company will be more likely to notice engagement and receive a reaction if you communicate with clients in the manner they prefer. Aside from these three fantastic advantages, SMS marketing is also affordable and simple to set up.
Various types of marketing branches are:
1) Content Marketing
2) Social Media Marketing
3) Digital Marketing
4) Visual Marketing
5) Search Engine Marketing
6) Influencer Marketing
7) Product Marketing
8) Brand Management Marketing
9) Research Marketing
10) Email Marketing
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What type of innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow?.
Process innovation focuses on the supply side, looking for opportunities to remove non-value-adding steps from the workflow.
A process innovation is the introduction of a significantly improved or new method of production or delivery. Significant changes in techniques, equipment, and/or software are included.
Process innovations can be designed to reduce unit costs of production or delivery, improve quality, or create or deliver new or significantly improved products.
Process innovations include significantly upgraded or new methods for service creation and delivery. They can entail significant changes in the equipment and software used in service-oriented businesses, as well as in the procedures or techniques used to deliver services.
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journalize the following transactions into the general journal in accordance with the rules of journalizing, and the double-entry accounting system. march 11 barnes company pays dividends of $2,800. september 11 barnes company receives utility bill of $1,900 and pays it.
Journalizing transactions is the manner of recording and monitoring any transaction that your business performs. This recording is the constructing block for the business's monetary statements, which are created at the quit of the economic year.
Solutions:
Date Account title Debit Credit
April 15 Advertising expenses 2,000
Cash 2,000
Assumed that Advertisement expenses are for the month of April. September 5 Salaries Payable 2900
Cash 2900
Assumed salaries expenses for the month of August are paid in September.
If salaries expenses are for the month of September.
September 5 Salaries Expenses 2900
Cash 2900.
The cash receipts magazine is used to record all transactions concerning the receipt of cash, which includes transactions such as cash income, the receipt of a bank loan, the receipt of a price on account, and the sale of different property along with marketable securities. the bank and consists of without problem, all Statements of Account, receipts, transaction facts, or confirmations generated by means of the financial institution.
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Find the interest for one month on $575 at 3.1% annual interest paid monthly.
Answer:
$1.5
Explanation:
Interest is compounded monthly.
The applicable formula for amounts after one month is
A = P + (1 + r)^n
P = principal amount $575
r is interest rate 3.1% per year or 3.1/12 per month =0.26% or 0.0026
n= 1 month
A = $575 +( 1+0.0026)^1
A =$575x 1.0026
A= $576.495
A= $576.5
Interest earned in the month
= $576.5 -$575
=$1.5
seeking lower turnover, absenteeism, inventory damage, and theft, some companies purposely hire older workers.
Seeking lower turnover, absenteeism, inventory damage, and theft, some companies purposely hire older workers.
The statement is; True.
Turnover is the replacement of an employee with a new employee. Organizational and employee turnover include terminations, terminations, deaths, interagency transfers, and layoffs.
Tissue turnover is measured as a percentage called turnover. Turnover rate is the percentage of employees leaving the company in a given period. Organizations and industries as a whole measure turnover during the tax year or calendar year.
When an employer is said to have a higher turnover rate than its competitors, it means that the average tenure of its employees is shorter than that of other companies in the same industry.
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WILL GIVE BRAINLIEST!! Answer the following 3 questions A, B, or C
Answer:
B
C
A
Explanation:
Answers:
1.B
2.C
3.A
.....