It would be an example of price rationing. Since 3000 could only attend, they would have to increase the price to gain a profit from the demand.
Which of the following is not a cause of the bullwhip effect?
Group of answer choices
O Rationing and shortage gaming
O Order batching
O Elimination of discount policies
O Fluctuation in prices
O None of these answers is correct
Elimination of discount policies is not a cause of the bullwhip effect.
The bullwhip effect is the phenomenon that occurs when a small fluctuation in demand for a product at the consumer level leads to large fluctuations in demand at the supplier level. This effect results in significant inefficiencies, including overproduction and underproduction. The bullwhip effect can be caused by several factors, including order batching, rationing and shortage gaming, and fluctuation in prices. However, elimination of discount policies is not a cause of the bullwhip effect.
Elimination of discount policies refers to the practice of a company discontinuing the use of discounts or special offers that it previously offered to customers. This can be done for a variety of reasons, such as to increase profitability, simplify pricing, or to avoid a negative impact on brand reputation.
Discount policies are commonly used by businesses to attract customers and encourage repeat business. However, offering discounts can also have negative consequences, such as reducing profit margins and creating an expectation among customers that discounts will always be available. Eliminating discount policies can help to address these issues and improve the company's financial performance.
When eliminating discount policies, it is important for companies to communicate the changes to customers in a clear and transparent manner. This can help to avoid any negative backlash or confusion among customers who may have been accustomed to receiving discounts. Additionally, companies may want to consider implementing other strategies to attract and retain customers, such as improving the quality of their products or services, offering loyalty programs, or providing exceptional customer service.
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the lippie company, a profit-maximizing firm producing chapstick, is in a perfectly competitive chapstick market. assume the lippie company employs a fixed number of employees and rents a machine for a variable number of hours from a perfectly competitive market.
The Lippie Company, a profit-maximizing firm producing chapstick, operates in a perfectly competitive chapstick market: They employ a fixed number of employees and rent a machine for a variable number of hours from a perfectly competitive market.
Since The Lippie Company is a perfectly competitive firm, it will take the market price as given and produce at the quantity where P=MC.The Lippie Company employs a fixed number of employees and rents a machine for a variable number of hours. Since it is in a perfectly competitive market, the price it has to pay for each input is given. To maximize profit, The Lippie Company should choose the combination of inputs that minimizes its total cost of producing a given level of output. This will occur where the marginal product of labor (MPL) divided by the wage rate (W) equals the marginal product of capital (MPK) divided by the rental rate of capital (R).This is known as the input combination rule for profit-maximizing firms.
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T/F,Companies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance.
The given statement "companies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance." is true because cultural values and ability to perform in the market can have a significant impact on a company's success.
Cultural values, such as transparency, mutual respect, and diversity, can have a significant impact on a company's bottom line. When employees share the same values, they are more likely to work together cohesively, reducing conflict and misunderstandings.
A company's success also depends on its ability to perform in the market. Managers should pay attention to business performance, which is the degree of effectiveness with which a company uses its resources to produce goods and services. Companies that perform well are often those that develop innovative products, adapt to changes in the market, and make the most efficient use of their resources.
Therefore, in today's volatile world, companies that succeed are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance.
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A company employee needs a certificate to encrypt data. Which of the following would issue a certificate?A. Certificate Authority (CA)B. Key escrowC. Key Escrow AgentD. Registration Authority
A. Certificate Authority (CA) is a A company employee needs a certificate to encrypt data and ensure secure communication.
A Certificate Authority (CA) is the entity that issues a certificate to an individual or organization. A certificate is a digital document that binds a public key to an individual or organization’s identity.
The certificate also contains information that verifies the owner’s identity and allows the owner to prove their identity to others. The CA is a trusted third-party that verifies the identity and credentials of the certificate's applicant before issuing the certificate. The CA also issues the certificate in a way that ensures its authenticity and integrity.
A Registration Authority (RA) is an entity that verifies the identity and credentials of the certificate's applicant and then forwards the application to the CA for the certificate to be issued. A Key Escrow is a system that stores encryption keys in a secure location and provides access to those keys in order to unlock encrypted data. A Key Escrow Agent is an entity that acts as a custodian of the encryption keys and is responsible for managing, controlling, and protecting the encryption keys.
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a property that produces a level of noi of $200,000 per year is expected to be sold in year 5 for $2,000,000. if the property was purchased for $2,000,000, what percent of the irr can be attributed to the operating income only?
The percentage of the IRR that can be attributed to operating income is approximately 37.91%.
To calculate the percentage of IRR that can be attributed to operating income, we can use the formula:
⇒ Percentage of IRR that can be attributed to operating income = Present value of operating income / Initial investment x 100
Using the information provided, we can assume that the initial investment is $2,000,000 and that the net operating income (NOI) is $200,000 per year. Assuming a discount rate of 10%, we can calculate the present value of the operating income for each year using a financial calculator or spreadsheet software. Adding up the present values of the operating income for each year, we get a total present value of approximately $758,157.35.
Plugging in the values to the formula, we get:
⇒ Percentage of IRR that can be attributed to operating income = $758,157.35 / $2,000,000 x 100 = 37.91%
Therefore, approximately 37.91% of the IRR can be attributed to the operating income, while the remaining portion of the IRR is attributed to the sale of the property.
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comm 3067 organizational charts and written documentation are outcomes of which school of thought? contingency/situational school human resources classical and bureaucratic school/scientific management human relations
Organizational charts and written documentation are outcomes of the classical and bureaucratic school/scientific management.
Classical and bureaucratic school/scientific management is a management theory that focuses on identifying the most efficient way to execute tasks and functions within an organization. Organizational charts and written documentation are a few of the outcomes of the classical and bureaucratic school/scientific management. The classical and bureaucratic school/scientific management theorists believed in the power of standardization to increase organizational efficiency.
The classical and bureaucratic school/scientific management was developed during the Industrial Revolution, which took place between the 18th and 19th centuries.The major theorists of the classical and bureaucratic school/scientific management include Frederick Winslow Taylor and Henri Fayol. Both of these theorists believed that the primary goal of any organization was to maximize efficiency, and that this could be achieved by standardizing procedures, breaking down tasks into smaller, more manageable parts, and analyzing workflows to identify areas that could be improved.
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how long do plans using the c-snp pre-enrollment verification process have to verify the qualifying chronic condition until they must deny the enrollment reques
Plans using the C-SNP pre-enrollment verification process have up to "21 days from the request for additional information or until the end of the month in which the enrollment request is made (whichever is longer)" to verify the qualifying chronic condition before they must deny the enrollment request. Thus, Option C is corect.
Plans using the C-SNP (Chronic Condition Special Needs Plan) pre-enrollment verification process are required to verify the qualifying chronic condition of potential enrollees before approving their enrollment in the plan. The process includes requesting additional information from the enrollee and verifying the information provided.
According to CMS guidelines, plans have up to 21 days from the request for additional information or until the end of the month in which the enrollment request is made (whichever is longer) to complete the verification process. If the plan is unable to verify the condition within this timeframe, they must deny the enrollment request.
This question should be provided as:
A. Within 21 days of the request for additional information.B. By the end of the month in which the enrollment request is made.C. Within 21 days of the request for additional information or the end of the month in which the enrollment request is made (whichever is longer).D. Within 7 days of the request for additional information.Learn more about C-SNP pre-enrollment https://brainly.com/question/28034770
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if real gdp is $15 trillion and the population is 300 million, then real gdp per capita is . multiple choice question. $4,500,000 $50 $50,000 $5,000
$50,000 is the appropriate response when real gdp is $15 trillion and the population is 300 million.
What is per capita real GDP?A measure of a nation's economic output that takes into account its population is called per capita real GDP. It is calculated by dividing the population of a nation by its total real GDP. The value of all goods and services produced by a nation in a given year is measured by its real GDP, which is adjusted for inflation. We can estimate the nation's average economic output per person by dividing real GDP by the population.
With a population of 300 million and a real GDP of $15 trillion, we can determine the real GDP per capita as follows:
Real GDP / Population equals real GDP per person.
Real GDP divided by 300 million people equals $15 trillion.
Real GDP per person equals $50,000.
Therefore, choice (c) $50,000 is the appropriate response.
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apital corp is considering a project whose internal rate of return is 14%. if capital's required return is 14%, the project's npv is:
The project's Net Present Value (NPV) would be zero.
This is because the Internal Rate of Return (IRR) is equal to the required return. Since the IRR is 14%, and the required return is also 14%, the NPV will be zero. The formula for calculating NPV is:
NPV = ∑ {Present Value of Cash Flows at Discount Rate} – Initial Investment
In this case, since the NPV is zero, the sum of the Present Value of Cash Flows at the Discount Rate will be equal to the Initial Investment.
Therefore, since Capital Corp's required return is 14% and its Internal Rate of Return is also 14%, the project's NPV will be zero.
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long-run diseconomies of scale exist over the range of output for which the long-run average cost curve is
Long-run diseconomies of scale exist over the range of output for which the long-run average cost curve is rising.
What is long-run diseconomies?
Diseconomies of scale happen when a company grows so much that the cost of production per unit rises. In the long run, diseconomies of scale arise.
These occur when a company expands beyond the optimum scale of production, and its long-run average costs rise. When companies reach their optimal size, economies of scale set in, and long-run average costs begin to fall.
The costs of inputs, which have an effect on the company's long-run average cost, contribute to long-run diseconomies of scale. The long-run average cost curve shows how the minimum cost per unit varies as a result of changes in output.
In the long run, a firm has enough time to change all of its inputs, such as labour and capital, as well as expand or contract its output. Long-run diseconomies of scale exist over the range of output for which the long-run average cost curve is rising.
The reason behind this is that as a firm expands its output beyond its optimum level, it incurs additional costs per unit of output because the long-run average cost of production begins to rise.
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konan, inc. needs to determine its inventory value. the following information pertains to the individual products in ending inventory: product cost replacement cost selling price cost of completion normal profit l-19 $ 40 $ 38 $ 50 $ 2 $ 11 m-23 52 40 60 10 8 n-05 20 24 30 2 6 assuming konan uses the lifo method for costing its inventory, the maximum limit for market value of product l-19 is: multiple choice $37. $38. $48. $50.
The write-down of the inventory value based on the lower cost or net realizable value for item M-23 is $2 multiplied by the number of units of M-23 in inventory is $50. (option d).
In the case of Konan Inc., they need to determine if the net realizable value of item M-23 is lower than its cost. Net realizable value is the estimated selling price of inventory, minus the costs associated with selling the inventory.
Based on the given information, the cost of M-23 is $52, and its selling price is $60, while the costs to sell it are $10. Therefore, the net realizable value of M-23 is $60 - $10 = $50.
However, the problem only asks for the write-down of the inventory value for item M-23, not the entire inventory.
Then the correct option is (d).
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zeneration electronics inc. produces and sells consumer electronics. the exceptional microprocessors created by the company enhance its strong resource immobility. in light of the resource-based view of competitive advantage, what does this situation imply?zeneration electronics inc. produces and sells consumer electronics. the exceptional microprocessors created by the company enhance its strong resource immobility. in light of the resource-based view of competitive advantage, what does this situation imply?
In light of the resource-based view of competitive advantage, the situation described implies that Zeneration Electronics Inc. has a sustainable competitive advantage over its competitors.
The resource-based view of competitive advantage suggests that firms can gain and sustain a competitive advantage by possessing resources and capabilities that are valuable, rare, difficult to imitate, and non-substitutable. In this case, Zeneration Electronics Inc. has created exceptional microprocessors, which are a valuable and rare resource.
Furthermore, the strong resource immobility of the company suggests that its competitors may find it difficult to replicate this resource, which makes it difficult to imitate. Finally, the fact that the microprocessors are exceptional implies that they are non-substitutable.
Therefore, Zeneration Electronics Inc. possesses a valuable and rare resource that is difficult to imitate or substitute, which gives it a sustainable competitive advantage over its competitors. This advantage is likely to last as long as the company continues to maintain its strong resource immobility and innovation capabilities.
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to what extent have the seven principles of supply chain management remained current? what are some of the major changes that have occurred since they were first developed?
The seven principles of supply chain management have remained current, but some changes have occurred due to advancements in technology, globalization, and increasing customer demands for sustainability and transparency in supply chain operations.
The seven principles of supply chain management were first introduced by David Anderson, Frank Britt, and Donavon Favre in 1997. These principles include customer focus, continuous improvement, strategic alignment, integration, information sharing, supplier partnerships, and network-based. While these principles are still relevant, advancements in technology have led to increased automation, digitization, and the use of data analytics in supply chain management.
Globalization has also led to complex supply chain networks with more players involved, and the increasing demand for sustainability and transparency has resulted in a greater focus on ethical sourcing and supply chain visibility.
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diana is retiring today at age 66 and expects to live to age 82. she has $136,000 in her retirement savings account. she is somewhat conservative with her money and expects to earn 6 percent during her retirement years. how much can she withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death? group of answer choices $919.46 $1,103.56 $909.92 $1,416.08 $847.78
The amount that Diana can withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death is $1,103.56. Option B is the correct answer.
To determine the amount of money that Diana can withdraw from her retirement savings each month if she plans to spend her last penny on the morning of her death, we will use the formula:
PV = [tex]\[Pmt\times \left[ \frac{\left( 1-{{\left( 1+i \right)}^{-n}} \right)}{i} \right]\][/tex]
where
PV = present value
Pmt = payment amount
i = interest rate
n = number of periods
First, we will calculate the value of PV. Here, PV is $136,000 as that is the present value of her savings.
Next, we need to determine the interest rate. Since Diana expects to earn 6% on her retirement savings during her retirement years, the interest rate will be 0.06.
Finally, we need to calculate the value of n. The number of periods will be 16 (i.e., the number of years between the time she retires at age 66 and the time she expects to die at age 82).
Substituting the values into the formula, we get:
136,000 = [tex]\[Pmt\times \left[ \frac{\left( 1-{{\left( 1+0.06 \right)}^{-16}} \right)}{0.06} \right]\][/tex]
Pmt = $1,103.56
Therefore, Diana can withdraw $1,103.56 from her retirement savings account each month if she plans to spend her last penny on the morning of her death. Option B is the correct answer.
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a customer who is retired wants to select an investemetn that is liquid, marketable, and that provides regular income. the best choice would
Treasury Notes is the appropriate response. A Treasury note, sometimes known as a "T-note," is a marketable form of U.S. government debt with a fixed interest rate and a maturity of two to ten years.
Should I purchase Treasury bonds?For investors seeking security and an interest rate that is fixed and paid semi-annually until the bond matures, Treasury bonds can be a wise investment. An investment portfolio's asset allocation includes bonds as a key component.
Provide a liquid investment example?A liquid investment is one that can be quickly turned into cash without significantly depreciating in value. Cash, money market funds, and stock in publicly traded corporations that trade often on a reputable stock exchange are all examples of liquid investments.
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The complete question is below :-
A customer who is retired wants to select an investment that is liquid, marketable, and that provides regular income. The BEST choice would be to recommend:
A. Treasury Bills
B. Treasury Notes
C. Preferred Stock
D. Certificates of Deposit
what are the main purposes of metrics during the final step of the marketing planning process? (choose every correct answer.) multiple select question. to consider how best to position the firm to explain why things happened to predict what will happen to understand the needs of a market segment
The main purposes of metrics during the final step of the marketing planning process is to predict what will happen to understand the needs of a market segment (option d).
Marketing metrics play a crucial role in the final step of the marketing planning process. Metrics are a set of quantitative and qualitative measurements used to evaluate and track the performance of marketing initiatives.
To understand the needs of a market segment, Marketing metrics help in understanding the needs and preferences of the target audience. By analyzing customer data, marketers can gain valuable insights into customer behavior, preferences, and needs. This information can then be used to tailor marketing strategies to better meet the needs of the target audience.
So, the correct option is (d).
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consider the following credit card: card apr compounding a 6.2200% annual b 6.0583% daily c 6.1277% quarterly d 6.1204% monthly which one would you choose? card c correct! card a card d card b
In the following question, option C: card apr compounding a 6.2200% annual b 6.0583% daily c 6.1277% quarterly d 6.1204% monthly, The answer is a credit card with an APR of "6.1277%"
which one would you choose? The credit card with an APR of 6.1277% quarterly would be preferred among the credit cards listed above.
What is APR?APR (Annual Percentage Rate) is the yearly interest rate on credit cards or loans, including any fees or extra costs.
APR is a way to compare the overall cost of borrowing money among different lenders. Card APR Compounding 6.2200% Annual b 6.0583% Daily 6.1277% Quarterly 6.1204% Monthly
Which APR is most preferred and why? The credit card with an APR of 6.1277% quarterly would be preferred among the credit cards listed above. This is because the quarterly compounding frequency (four times per year) provides the cardholder with more time to pay off the balance with lower interest charges.
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what is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing?
The actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing is known as a contract.
What is a contract?
A contract is an agreement between two or more parties that creates a legal obligation to perform or refrain from performing specific acts. It is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing.
A contract is created when one party makes an offer and the other accepts it, and the parties enter into a mutual agreement on all of the terms of the agreement. In general, contracts are governed by state law, which establishes the essential elements of a contract and specifies the circumstances under which it is enforceable.
In conclusion, a contract is an actual agreement between the parties, the terms of which are openly stated in distinct and explicit language, either verbally or in writing.
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to test which of the two ad concepts appealed more to consumers, aleshia and her team decided to use one of the ads in west coast versions of the magazine and the other ad in midwest versions of the magazine. what type of quantitative research method does this represent?
To test which of the two ad concepts appealed more to consumers, Aleshia and her team decided to use one of the ads in west coast versions of the magazine and the other ad in Midwest versions of the magazine. This type of quantitative research method is called a "split run" test.
In a split run test, two variations of a product are tested to determine which variation performs better. In this case, two different ad concepts are tested to see which one appeals more to consumers.
A split run test involves creating two or more versions of an ad and then randomly assigning them to different regions. Aleesha and her team are testing two different ad concepts by placing one in the west coast versions of the magazine and the other in the midwest versions. They will then collect data from each region to compare the results and determine which ad performed better.
Split run tests are often used to test products in different markets or regions, as the results can indicate whether a particular concept performs better in certain locations. Split run tests are also a good way to test different versions of an ad and determine which version is more successful. Therefore, the given testing is a "split run" type of quantitative research method used.
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did the u.s. supreme court rule that the koke company of america infringed on coca-cola's trademark by using the name koke?
Yes. The US supreme court rule that the koke company of America infringed on Coca-Cola's trademark by using the name koke.
A trademark is a type of intellectual property that consists of recognizable symbols, designs, or expressions that identify products or services from a particular source and distinguish them from others. A trademark owner can be an individual, business organization, or legal entity. Trademarks can appear on packaging, labels, coupons, or on the product itself. Trademarks used to identify the Services are sometimes called service marks.
The first Trademark Act was passed in 1266 during the reign of Henry III. It was enacted in England and required all bakers to use a distinctive mark on the bread they sold. The first modern trademark law emerged in the late 19th century. In 1857, France enacted the world's first comprehensive trademark system. His 1938 Trade Marks Act of the United Kingdom changed the system to allow registration based on "intent to use" and created a trial-based process for creating an application publication system.
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Tthe ____ mostive encourages entrepreneurs to start businesses, expand existing onem create new products or improve existing ones, and/or improve production processes to use resources efficiently.
The positive motive encourages entrepreneurs to start businesses, expand existing one create new products or improve existing ones, and/or improve production processes to use resources efficiently.
What is innovation?Innovation refers to a process of creating something new that has value. It is the creation of something new, different, and unique that benefits the consumer, society, and the economy. Innovation can be something new that has never been seen before, or it can be something that already exists but is improved in some way or is made better. Innovation can be applied to products, processes, and services.Innovation and entrepreneurshipInnovation and entrepreneurship are closely linked. The concept of entrepreneurship involves identifying opportunities and creating new ventures.
Innovation is a necessary condition for entrepreneurship, as it involves developing new ideas and technologies that can be used to create new products, processes, and services. Innovation is often the driving force behind the success of new ventures, as it provides a competitive edge that can help to differentiate products and services from those of competitors.
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question content area debt securities include amon stock b.preferred stock c.notes and bonds d.all of these choices
Content area debt securities include all of these choices like common stock, preferred stock, notes and bonds.
What are debt securities?Debt securities are debt instruments or financial obligations that enable the owner to obtain interest income and repayment of the principal at maturity. There are a variety of debt securities available on the market that can be used to diversify your investment portfolio. Bonds, notes, and certificates of deposit (CDs) are examples of debt securities.
Preferred and common shares are examples of equity securities, which are ownership positions in a firm's assets and earnings. When a corporation requires capital, it can issue debt or equity securities to raise it.
What are the types of debt securities?Bonds, notes, and bills of exchange are examples of debt securities that are typically used by businesses and governments to finance their operations.
Some other types of debt securities include:
Corporate bonds, Municipal bonds, Government bonds, Treasury bills, Eurobonds, Convertible bonds, Callable bonds, High-yield bonds, Bearer bonds, Credit-linked notes, Asset-backed securities.
Debt securities are a popular type of investment because they provide a guaranteed stream of revenue. Because they provide a fixed rate of return, they are often more secure than equity securities, but they also offer lower returns in comparison.
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what is the current trend in measuring the effectiveness of corporate ethics and compliance programs?
The current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.
Data analytics involves the use of software and other tools to analyze large amounts of data to identify patterns, trends, and other insights that can be used to improve corporate ethics and compliance programs.
This can help identify areas of non-compliance and unethical behavior and can provide insights into the effectiveness of training programs and other initiatives aimed at improving corporate ethics and compliance.
Data analytics can also be used to identify areas where additional resources may be needed to improve the effectiveness of ethics and compliance programs.
It is an important tool for measuring the effectiveness of corporate ethics and compliance programs and is likely to become increasingly important as companies seek to improve their ethical performance in response to increasing stakeholder demands for transparency and accountability.
Therefore, the current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.
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all of the following about nonalcoholic beverages are true except: question 24 options: 1) fair trade ensures that buyers are not being overcharged by suppliers on their coffee purchases. 2) when purchasing postmix nonalcoholic beverage products, the buyer anticipates some ap cost savings because he or she is using product concentrates. 3) standing orders for nonalcoholic beverages are delivered by route sales people. 4) coffee is best stored under refrigeration or in the freezer.
All of the following about nonalcoholic beverages are true except fair trade ensures that buyers are not being overcharged by suppliers on their coffee purchases.
What is Fair Trade?Fair Trade is a movement that aims to improve the circumstances of small producers and workers in developing nations. The goal of fair trade is to alleviate poverty and encourage more equitable and sustainable development through global trade that promotes worker rights, sustainable farming, and environmentally sustainable practices.
Fair trade ensures that the buyers are not being overcharged by suppliers on their coffee purchases. So, this statement is false.
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1. the amount of the adjustment to allowance for uncollectible accounts when the account balance is a $400.00 debit and $5,000.00 of accounts receivable is estimated to be uncollectible would be (a) $400.00. (b) $4,600.00. (c) $5,000.00. (d) $5,400.00.
Uncollectible accounts are credits, loans or other debts that aren't repaid by the debtor. This is Option D,$ 5,400.
Uncollectible accounts, also known as bad debt or bad debt, is a credit trade of receivables that are doubtful to be collected by the client. This term is used to estimate the receivables on an association's balance distance.
bad debts are quantities of plutocrat that a company believes its guests won't pay. guests who don't act, can not pay, or choose not to pay may affect in payment defaults.
When a receivable is determined to be uncollectible, it's generally charged to the income statement and acclimated for the provision for bad debts. The alternate effect is reflected in the company's fiscal statements as current means are written off and bad debts are written off.
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determine whether there is a specific market price above which demand is zero or price per unit is unbounded. write the maximum possible market price, using dollars per unit as the units of measure for input. (if the price per unit is unbounded, enter unbounded.)
Without more information on the product and the market, it is impossible to determine if there is a specific market price above which demand is zero or if the price per unit is unbounded.
In some markets, there may be a price point above which demand drops to zero because customers are not willing to pay that much for the product. In other markets, demand may continue even as prices increase, indicating an unbounded price per unit.
Without additional context, it is impossible to determine whether there is a maximum possible market price for the product in question or if the price per unit is unbounded.
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sales plan formulation, sales plan implementation, and salesforce evaluation are the three functions of
Sales plan formulation, sales plan implementation, and salesforce evaluation are the three functions of the sales management process.
Sales management refers to the management of an organization's sales activities, which include setting sales targets, managing salespeople, and forecasting sales, among other things. Sales management is critical for an organization's success because sales revenue is frequently a significant source of income.
Sales plan formulation is the process of determining the optimal sales strategy for an organization. This stage may involve identifying the target market, determining the appropriate pricing, and assessing the competition. A well-crafted sales plan will set the foundation for a successful sales strategy.
The second step in the sales management process is sales plan implementation, which is the process of executing the sales plan. The sales team is responsible for ensuring that sales objectives are achieved by engaging with potential customers and closing deals. A successful sales plan implementation should result in an increase in sales revenue.
Salesforce evaluation is the process of assessing the performance of a sales team. Salesforce evaluation enables sales managers to identify areas of improvement, develop strategies to address underperformance, and recognize top performers. Regular evaluations assist in the maintenance of a high-performing sales team.
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like disney, comcast also owns media outlets and movie studios, as does time warner. as they pursue corporate-level strategies, these firms need to be aware that they experience what type of competition, which probably pushes them to seek increased diversification? a. vertical competition b. horizontal competition c. multipoint competition d. synergistic competition
Horizontal competition is the kind of rivalry that most likely drives businesses to seek more diversity. Therefore, choice (B) is right.
Businesses refers to the activity of earning a livelihood or earning money by creating, purchasing, and reselling goods and services.
Furthermore, it refers to "any activity or enterprise undertaken for profit.
The owner of the business is responsible and liable for any obligations made by the business since despite having a business name, they are one and the same. If the company accrues competition debts, the creditors may seize the owner's personal property.
Corporate tax rates cannot be applied to a firm structure. All profits earned by the business are subject to personal taxation by the owner.
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the economic theory that emphasizes the role of difficulties in coordinating economic affairs as a cause of economic fluctuations is known as
The economic theory that emphasizes the role of difficulties in coordinating economic affairs as a cause of economic fluctuations is known as "coordination failure theory".
Coordination failure theory, also known as coordination games, emphasizes the difficulties in coordinating economic affairs as a cause of economic fluctuations. It was introduced to the modern literature of macroeconomics by Thomas Schelling and Robert Aumann, and it is part of the general class of equilibrium selection problems.
The concept of coordination failure is centered on the idea of multiple equilibria, each with the potential to emerge in the economy, some of which are desirable and some of which are not.
In coordination failure theory, the fundamental problem is that of reaching coordination in situations where the economy is stuck in an unfavorable equilibrium or multiple equilibria. The theory of coordination failure has many possible applications, such as wage-setting, fiscal and monetary policy, and exchange rates.
It can help explain why economies are prone to experiencing fluctuations, crises, and stagnation in some cases.
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supervision is especially important in which of the following departments? a. purchasing b. receiving c. accounts payable d. general ledger
Supervision is especially important in the Receiving, Purchasing, Accounts Payable, and General Ledger departments so answer can be All of the above .
Receiving: Supervision in the receiving department ensures that goods received from vendors are of the correct quantity and quality, that proper invoicing takes place, and that the goods are properly stored and secured.
Purchasing: Supervision in the purchasing department is important to ensure that goods and services are bought at the right price and quality, that goods and services are bought in the right quantity and delivered on time, and that purchasing policies are properly implemented and followed.
Accounts Payable: Supervision in the accounts payable department is important to ensure that payments are processed and disbursed in a timely manner, that invoices are processed and paid according to predetermined terms and conditions, and that proper documentation is maintained for each transaction.
General Ledger: Supervision in the general ledger department is important to ensure that accurate accounting records are maintained, that reconciliations and adjustments are timely and properly documented, and that accounts are kept up to date.
In summary, supervision is especially important in the Receiving, Purchasing, Accounts Payable, and General Ledger departments to ensure accurate invoicing, timely payments, and accurate accounting records.
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