The company has decided they needed to create a full set of budget schedules including financial statements for the first year of operations based on an assumption of constant demand of 18,000 quarterly and 72,000 for the first year (appendices B-1 through B-11). A second set of budget schedules and financial statements based on expected unit sales of 15,000 in quarter one, 25,000 in quarter two, 20,000 in quarter three, and finally 12,000 in quarter four for a total of 72,000 for the year based on a seasonal demand pattern (appendices C-1 through C-11). We expect the same quarterly sales patterns in year two meaning 18,000 units per quarter under constant demand and 15,000 units in quarter one under seasonal demand. Compare the constant demand to the seasonal demand budget. Explain the major differences in each of the budget schedules, cash budget and financial statements on both a quarterly and annual basis. Remember the beginning and ending raw material and finished goods inventory units will cause differences in the budgets but also focus on the differences between accrual and cash timing figures.

The Company Has Decided They Needed To Create A Full Set Of Budget Schedules Including Financial Statements

Answers

Answer 1

The major differences between the constant demand budget and the seasonal demand budget can be seen in the quarterly and annual budget schedules, cash budget, and financial statements.

What is budget?

A budget is an estimate of income and expenditure for a specific period of time. It is typically used by individuals, families, businesses, and governments to plan how to allocate resources to meet their financial goals.

In the budget schedules, the constant demand budget produces higher sales and cost of goods sold figures on a quarterly basis, and therefore higher gross profit and higher net income figures. This is because the constant demand budget assumes 18,000 units sold each quarter, while the seasonal demand budget assumes 15,000 units in quarter one, 25,000 in quarter two, 20,000 in quarter three, and 12,000 in quarter four.
In the cash budget, the constant demand budget produces higher cash inflows from operations on a quarterly basis due to higher sales figures, and higher cash outflows from operations due to higher cost of goods sold figures. This means that the constant demand budget produces a higher net cash flow from operations on a quarterly basis.
Finally, in the financial statements, the constant demand budget produces higher figures on a quarterly and annual basis. This is due to the higher sales, cost of goods sold, gross profit, and net income figures on a quarterly basis, as well as higher current assets, current liabilities, and equity figures on an annual basis.
Overall, the constant demand budget produces higher figures on a quarterly and annual basis compared to the seasonal demand budget, due to the assumption of constant demand of 18,000 units per quarter versus the seasonal demand pattern of 15,000, 25,000, 20,000, and 12,000 units in quarters one through four.

To learn more about budget
https://brainly.com/question/24940564
#SPJ1


Related Questions

It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($38.45) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.


A. total investment for Chester will be $207,586,970

B. Total liabilities will be $120,024,454

C. Chester will issue stock totaling $2,883,750

D. Working capital will remain the same at $16,588,390

E. Total Assets will rise to $220,846,541

F. Equity will be $84,678,765


Answers

Based on the information you provided, Chester’s senior management decided to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assuming the stock can be issued at yesterday’s stock price ($38.45) and leverage changes to 2.7, we can calculate the following:

A. Total investment for Chester will be $217,192,866 B. Total liabilities will be $120,024,454 C. Chester will issue stock totaling $2,883,750 D. Working capital will remain the same at $16,588,390 E. Total Assets will rise to $235,535,291 F. Equity will be $97,511,437.

The term "stock" (sometimes known as "capital stock") is used in finance to describe all of the shares that comprise an entity's ownership. Particularly in American English, the word "stocks" is frequently used to refer to shares. Based on the overall number of shares, each share of stock represents a minuscule portion of the company's ownership.

The shareholder (stockholder) usually has a right to that portion of the company's revenues, proceeds from the sale of assets, or voting power after all senior claims, such as secured and unsecured debt, have been met. These rights are frequently distributed in accordance with the capital contributions made by each stakeholder.

Learn more about stock here:

brainly.com/question/29992015

#SPJ1

explain the components of National income​

Answers

National income is the total value of all goods and services produced within a country's borders, including both goods produced by domestic firms and foreign firms operating within the country. The components of national income include:

1. Wages and salaries: This includes the income earned by employees for their work, including both hourly wages and salaries.

2. Profits: Profits are the income earned by businesses after they have paid all their expenses, including salaries, rent, and other costs.

3. Rent: Rent is the income earned by landlords for the use of their property, such as land or buildings.

4. Interest: Interest is the income earned by lenders for lending money to borrowers, such as banks or other financial institutions.

5. Dividends: Dividends are the income earned by shareholders for their ownership of a company's stock.

6. Indirect taxes: Indirect taxes are taxes that are levied on goods and services, such as sales taxes or value-added taxes.

7. Subsidies: Subsidies are payments made by the government to businesses or individuals to encourage certain activities, such as the production of certain goods or services.

8. Depreciation: Depreciation is the decrease in value of an asset over time, such as a piece of machinery or a building.

Together, these components make up the total national income of a country, and they provide a measure of the overall health and productivity of the economy.

Eastport Inc. was organized on June 5, Year 1. It was authorized to issue 350,000 shares of $11 par common stock and 40,000 shares
of 5 percent cumulative class A preferred stock. The class A stock had a stated value of $20 per share. The following stock
transactions pertain to Eastport Inc.:
1. Issued 22,000 shares of common stock for $16 per share.
2. Issued 7,000 shares of the class A preferred stock for $25 per share.
3. Issued 55,000 shares of common stock for $19 per share.
Required
Prepare the stockholders' equity section of the balance sheet immediately after these transactions have been recognized.
EASTPORT INC.
Balance Sheet (partial)
For the Year Ended Year 1
Stockholders' Equity
Total Paid-In Capital
Total stockholders' equity

Answers

A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.

A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.

Learn more about the Common Stock here:

https://brainly.com/question/13762106

#SPJ1

Do you think wealth taxes are a good idea? Why or why not? Defend your position.​

Answers

Answer:

no it's not

Explanation:

it's not easy to pay what you don't have but if you can pay yes it's OK.

The first quarter tax return needs to filed for prevosti

Answers

Prevosti needs to file their first quarter tax return and pay any taxes owed by the deadline.

As a taxpayer, Prevosti is required to file their tax return and pay any taxes owed to the government by the deadline. For the first quarter, this typically means filing the tax return and paying any taxes owed by April 15th of the year following the reporting period.

The tax return should accurately report all income and deductions for the reporting period, and any taxes owed should be paid in full by the deadline to avoid penalties and interest charges. It is important for Prevosti to keep accurate records and file their tax return in a timely manner to remain compliant with tax laws and regulations.

To know more about tax-return, here

brainly.com/question/31825431

#SPJ1

--The complete question is, What needs to be done for Prevosti's first quarter tax return?--

Which of the following is a step that you could take to ensure that your thank you letter is error-free?​

Answers

Answer:

multiple ways

Explanation:

Read out loud to yourself. Get another person to read it. Spill check. Grammer proof read check. Email it to a tutor.

Which type of unemployment is the product of a healthy economy?

A. Unemployment as a result of a mismatch of the skills of workers and the skills needed by employers.

B. Unemployment as a result of demand for products and services decreasing.

C. Unemployment as a result of people moving from one job to another.

D. None; unemployment is the result of an unhealthy economy.

Answers

Answer:

C. Unemployment as a result of people moving from one job to another.

Explanation:

Unemployment as a result of people moving from one job to another is known as frictional unemployment, which is a natural and inevitable part of a healthy, dynamic economy. Frictional unemployment occurs when workers voluntarily leave their jobs to seek better opportunities, and when new workers enter the labor market looking for work. In a healthy economy, there will always be some degree of frictional unemployment, as people move between jobs and industries, and businesses expand and contract.

Which social responsibility stance below did the business owner demonstrate?

Answers

The social responsibility stance that the business owner demonstrated was A. Proactive .

What is a proactive stance ?

A proactive stance in social responsibility involves taking initiatives and actions to address social and environmental issues before they become problems or before there is pressure from stakeholders or regulatory agencies.

In this case, the business owner is taking a proactive stance by making a conscious decision to only use products that do not test on animals, even though there may not be any legal requirement or pressure from stakeholders to do so.

Find out more on social responsibility at https://brainly.com/question/30529699

#SPJ1

The question is:

A business owner decides to only use products that do not test on animals.

Which social responsibility stance below did the business owner demonstrate?

A. Proactive

B. Defensive

C. Neutral

1- The Net Operating Profit after Taxes (NOPAT) using the bottom-up method is provided by:
a. operating income minus tax benefit minus taxes as reported
b. operating income plus tax benefit minus taxes as reported
c. net income plus net financial expenses minus tax benefit

Answers

The bottom-up method yields the Net Operating Profit after Taxes (NOPAT) as follows: a. the reported operating income minus the tax benefit minus the taxes .

What Is the Net Operating Profit After Tax?

A financial metric known as net operating profit after taxes (NOPAT) depicts a company's core operations, net of taxes, performance. NOPAT is a more accurate measurement of operating efficiency for leveraged businesses and is frequently used in economic value added (EVA) calculations. The tax savings that numerous businesses obtain as a result of existing debt are not included in NOPAT. A company's potential cash earnings if its capitalization were unleveraged, or devoid of debt, are referred to as its net operating profit after taxes (NOPAT). There are no one-time expenses or losses included in the figure; These do not accurately reflect an organization's profitability. Even though they may have an impact on the company's bottom line that year, charges arising from a merger or acquisition may not always provide an accurate picture of the business's operations.

To learn more about NOPAT visit :

https://brainly.com/question/30351487

#SPJ1

What are Business Loan?

Answers

Answer:

Credit

Explanation:

What people owns to the business

3. If Holly increases the selling price by $20, and purchases the new part and the new machine, calculate the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year. (20 marks).

Answers

Notte that if Holly increases the selling price by $20, and purchases the new part and the new machine, the new contribution margin , the new fixed cost & the number of units that the company will have to sell to make the same net income as last year is: 1,333.33 units.

How is this so?

Given

Current selling price = $400

Current variable cost per unit = $250

Current contribution margin per unit = selling price - variable cost = $400 - $250 = $150

Current fixed cost = $150,000

Current sales volume = 5,000 units

Current net income = $50,000

New selling price = $400 + $20 = $420

New variable cost per unit = $250 + $80 + $60 = $390

ew contribution margin per unit = selling price - variable cost = $420 - $390 = $30

New fixed cost = $150,000 + $20,000 + $30,000 = $200,000

Net income = (Contribution margin per unit x Sales volume) - Fixed cost

Substituting the values we get:

$50,000 = ($150 x 5,000) - $150,00

Sales volume = ($50,000 + $150,000) / $150 = 1,333.33 units

So the company will have to sell 1,333.33 units at the new selling price of $420 to make the same net income as last year.

Learn more about Contribution Margin:
https://brainly.com/question/15186113
#SPJ1

your research of competitors shows prices of

Answers

According to the question, If you throw out the highest and lowest data points (outliers),  the mean of the remaining prices would be 63$.

Therefore the answer is Mean= 63$.

How to find?

Given in the question-

Research of competitors shows prices of $45, $78, $13, $125, and $66.

Now, we take out the highest and lowest data points.

So, 125$ and 13$ are taken out.

We add the left values-

- 78+ 66+45= 189

To find the mean we divide this sum by 3-

= 189/3= 63$

Hence, the mean is 63$.

To know more about Mean visit:

https://brainly.com/question/31101410

#SPJ1

answer this problem please

Answers

Assessments that match what is important to a person with a career are called C. Value Assessments.

Assessments that match a person's unique traits to a career are called d. Personality tests.

The statement that Skills Assessment should always be followed is D. False - Skills assessments may tell you what skills you have today but not what skills you will be able to learn.

What are assessments ?

Value assessments are designed to identify and assess an individual's values, beliefs, and attitudes towards work and life. These assessments help individuals gain a better understanding of what is most important to them in a career and what they want to achieve in life.

Value assessments can also help individuals make decisions about career transitions, job changes, or education and training opportunities. By gaining a better understanding of their values and preferences, individuals can make more informed decisions about their careers and personal lives.

Find out more on assessments at https://brainly.com/question/24449875

#SPJ1

What document is a loan from a bank to a purchaser?

Answers

Answer: Mortgage

Explanation:

Took the quiz

Are any e-bikes made in the USA?

Answers

Answer:

there are supposedly 3 companies that are made in the USA

The source of fashion

Answers

There are several sources of fashion including ;

Historical and cultural influencesIndividual creativity and expression

Where does inspiration for fashion come from ?

Fashion is deeply entrenched in intertwining cultural and historical eras, as evident from a diversity of global traditional attires and fabrics through to periods like the Victorian-age or 1960s influencing modern fashion.

Similarly, fashion serves as an avenue of expressing an individual's distinct taste and persona; popular figures such as celebrities and those in the media often shape up trends which people adapt accordingly.

Find out more on fashion at https://brainly.com/question/27762403

#SPJ1

what you’ve learned in this class regarding international business? Did your views or perceptions of international business change after taking this course? Why or why not? Please explain.

Answers

Many people view international business as a way to create economic growth and job opportunities.

How is international business perceived ?

Engaging in international business provides a unique opportunity for cultural exchange and understanding between nations. Through conducting commerce with other countries, people and companies acquire an alternate perspective on diverse customs, different ways of working and varying habits which can result in enhanced respect and admiration for diversity.

However, there are apprehensions towards the ethical concerns in such an undertaking, largely due to issues pertaining to labor practices, human rights as well as environmental impact. To some, involving oneself in global commerce is viewed merely as utilizing workers or exploiting resources outside their own country to increase monetary gain.

Find out more on international business at https://brainly.com/question/30197890

#SPJ1

Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and administrative costs. Whitley uses an annual overhead rate based on direct labor hours.



Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:


Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,753 45 $ 15,367
Barnes 13,229 88 22,184
Tyler 42,338 133 49,654


Budgeted direct materials cost and direct labor cost for the year are estimated at $450,000 and $600,000, respectively. Direct labor hours are budgeted at 22,500 hours, and total overhead is budgeted at $495,000.



Required:

1. Calculate the total cost of each of the three jobs.

2. Suppose that for the entire year, Whitley used 23,800 labor hours and total actual overhead was $525,000. What is the amount of underapplied or overapplied overhead?

Answers

The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.

The total cost of each job is calculated as follows:

Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $6,753 + $15,367 + (45 x Overhead Rate)

Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $13,229 + $22,184 + (88 x Overhead Rate)

Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)

= $42,338 + $49,654 + (133 x Overhead Rate)

Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:

Annual overhead rate = Total overhead / Total budgeted direct labor hours

= $495,000 / 22,500 hours

= $22 per direct labor hour

Therefore, the total cost of each job is:

Harrison: $6,753 + $15,367 + (45 x $22) = $7,995

Barnes: $13,229 + $22,184 + (88 x $22) = $16,985

Tyler: $42,338 + $49,654 + (133 x $22) = $56,803

The amount of underapplied or overapplied overhead can be calculated using the following formula:

Actual Overhead - Applied Overhead

To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:

Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours

= $22 x 23,800 hours

= $523,600

Therefore, the amount of underapplied or overapplied overhead is:

Actual Overhead - Applied Overhead

= $525,000 - $523,600

= $1,400 overapplied overhead.

To know more about total cost, here

https://brainly.com/question/28652728

#SPJ1

Passage of the Affordable Care Act incorporated which of the following health insurance market reforms?

Answers

Answer:

The ACA establishes federal requirements that apply to private health insurance. The reforms affect insurance offered to groups and individuals; impose requirements on sponsors of coverage; and, collectively, establish a federal floor with respect to access to coverage, premiums, benefits, cost sharing, and consumer protections. Although such market reforms may be new at the federal level, many of the ACA’s reforms had already been enacted in some form in several states, withgreat variation in...

Assume country A has the following data: Gross Domestic Product (GDP) Factor income received abroad Factor income paid abroad Compute: i. Net factor income from abroad. ii. Gross National Product (GNP). iii. Under what circumstance will GNP be greater than GDP SEPT 2021 ¢ billion 68 2.7 1.5 CSUC 8​

Answers

iii. GNP will be greater than GDP when the net factor income from abroad is positive.

How to solve

i. To calculate the net factor income from abroad, we need to subtract the factor income paid abroad from the factor income received abroad.

Net factor income from abroad = Factor income received abroad - Factor income paid abroad

Net factor income from abroad = 2.7 - 1.5

Net factor income from abroad = 1.2 billion

ii. Gross National Product (GNP) is the sum of Gross Domestic Product (GDP) and net factor income from abroad.

GNP = GDP + Net factor income from abroad

GNP = 68 + 1.2

GNP = 69.2 billion

iii. GNP will be greater than GDP when the net factor income from abroad is positive.

This way that the country is earning more profit from its expenditures abroad than it is paying to offshore investors the one have investments inside the country. In such a sketch, the income earned experience will increase the GNP of the country.


Read more about GNP here:

https://brainly.com/question/4378857

#SPJ1

define complements. define substitutions. explain the diffierence and how they work

Answers

A replacement good is one that fulfils the same function for customers as another item. When two goods are eaten together, the complementary item gives value to the other.

What is the difference between substitutes and complements?

Tea and coffee are two examples of substitute items that are independent of one another and may each be used to fulfil a specific need. Contrarily, complementary items that go together to meet a certain need, like bread and butter, are depending on one another.

A product or service that consumers may quickly swap out for another is referred to as a replacement. In economics, substitute items are frequently used when the demand for one product rises as the price of the alternative product rises.

Cross price elasticity is used to establish if products are complements or substitutes; if it is positive, the products are replacements, and if it is negative, the products are complements.

Learn more about substitutes and complements:

https://brainly.com/question/10423146

#SPJ1

Match each instant message with the appropriate type of recipient.
customer
Tom Louis, a colleague who is also a friend
Sue Fanning, a colleague with whom you've never spoken
Hey! Tell me what you need.
Hi. Did you need any help from me?
Welcome to live chat. How may I help you?

Answers

Match each instant message with the appropriate type of recipient.

Hey! Tell me what you need - Customer Tom LouisHi. Did you need any help from me? - Colleague who is also a friend Sue FanningWelcome to live chat. How may I help you? - Colleague with whom you've never spoken.

A business communicator is necessary to growth. If retailer responsibility are the well-treated to the customer. A business can run to long term are the creation the trustworthiness.

If the time to the digital are the online conversation are the asked may I help you? Colleague with whom you've never spoken. Hi. Did you require any help from me? Colleague who is also a friend of Sue Fanning.

As a result, the significance of the instant message with the appropriate type of recipient are the aforementioned.

Learn more about on Customer, here:

https://brainly.com/question/13472502

#SPJ1

A country has a comparative advantage in trade when it :

Answers

A country has a comparative advantage in trade when it can produce a particular good or service at a lower opportunity cost than another country. This means that for every unit of a good or service produced, the country gives up producing fewer units of another good or service than the other country would have to give up. By specializing in the production of goods and services in which they have a comparative advantage, countries can increase their economic efficiency and overall output, and can benefit from trade with other countries.

The country owns all the trade in it

How would the court classify the Chickasaw Club corporation domestic or foreign, public or private? Why?

Answers

A domestic corporation is one that conducts business in the country where it was formed. This is comparable to a foreign firm that operates in a country other than the one in which it was formed.

A foreign corporation is a company that operates in another country or state but was formed or registered under the laws of another state. A domestic corporation, in contrast, is one that has its corporate headquarters in the state in which it conducts business.

For instance, if a company is incorporated in Delaware and is authorized to conduct business in other states, both of those states classify the company as a foreign corporation and a domestic corporation, respectively.

To learn more about corporation, click here.

https://brainly.com/question/31313496

#SPJ1

Curtis's team is in a heated discussion during a meeting. He wants to help lessen the conflict. What is the LEAST appropriate question for him to ask in this moment?

Do we have ground rules in place?

Are we paying enough attention to results?

Why can't we trust each other?

Who is to blame for causing this conflict?

Answers

C. Why can't we trust each other?

Asking "Why can't we trust each other?" is the least appropriate question for Curtis to ask at this moment. This question is accusatory and implies that there is a lack of trust among team members. It can make team members feel defensive and escalate the conflict.

On the other hand, asking questions like "Do we have ground rules in place?" can help establish norms and facilitate communication. "Are we paying enough attention to results?" can help the team refocus on the task at hand. "Who is to blame for causing this conflict?" can help identify the root cause of the conflict, but it should be asked in a non-accusatory way.

The following table represents the Human Resource Development (HRD) international and local trends. Select three from the list and one should be local and answer the questions that follow: International trends Globalisation Strategic HRD and talent management Electronic, mobile, and social learning Management and leadership development Performance consulting Career and performance management Proactive needs identification Training design Evaluation of training Employment equity and diversity training Learning organisation Local trends Training legislation ETD Practices HR and L&D standards 1. Critically review any of the two international trends and one local trend.(30) 2. Formulate the HRD strategy that you can apply to these trends. (15) 3. Critically analyse the readiness of South African organisations to adapt to​

Answers

The 11 topics include: Globalization, Strategic HRD and Talent Management, Electronic mobile and social learning, Management and leadership development, Performance counseling, Career and Performance management, Proactive learning needs identification, Learning design, Evaluation of training, Employment equity and diversity training and Learning organization.

Globalization is companies are forced to approach their business activities with an more external focus. Strategy drives execution and that is essentially the relationship between talent management and human resources management. Talent management strategy informs and dictates the decisions and actions taken by the human resources department and its individual team members within their roles. Leadership and management development are about enabling the future governance and stewardship of the organization. Therefore organizations need to forge their own agenda, and dictate fitting values, structure, program content, measurements and processes. Performance Counseling refers to the help provided by a manager to his subordinates in objectively analyzing their performance.

The role of the HRD professional includes planning formal and. informal career development strategies, providing coaching and mentoring. training to organization leaders and employees, and selecting and obtain- ing technological resources to manage these processes. Well-designed career. Learning Design is the framework that supports learning experiences. It refers to deliberate choices about what, when, where and how to teach.

Training evaluation is the systematic process of collecting information and using that information to improve your training. DEI training supports employees in understanding how best to work with other people. A learning organization can be defined as any organization that prioritizes personal and professional growth through knowledge transfer.

Learn more about evaluation, here:

https://brainly.com/question/20067491

#SPJ1

• please explain the 5 common strategies and actions of rival companies. with examples
Thank you.
( I need the answer no more 2 hours ).

Answers

Rival companies typically employ various strategies and actions to compete with each other in the market such as price competition, product differentiation, marketing and advertising, partnerships and price competition.

How companies compete

Here are five common strategies and actions that rival companies may use:

Price competition: In order to outbid competitors, this tactic entails reducing the cost of a good or service. This is frequently done to draw in consumers who are interested in the best bargain yet are price conscious.

Product differentiation: This tactic entails developing distinctive goods or services that distinguish them from rivals. Features, design, quality, or brand reputation can all be used by businesses to differentiate their products.

Marketing and advertising: Businesses utilize marketing and advertising to build their brands, boost revenue, and draw in new clients. In order to reach target audiences, this strategy calls for the creation of appealing marketing messages and the use of numerous channels.

Strategic alliances and partnerships: Strategic partnerships and alliances are created by businesses to obtain access to new markets, technologies, or resources. This tactic entails working with other businesses to accomplish common objectives.

Mergers and acquisitions: To expand market share, lessen rivalry, or gain access to cutting-edge technologies or resources, businesses may combine with or purchase rival businesses. For the purpose of achieving synergies and economies of scale, this strategy involves buying or merging with another business.

Learn more on business competition here https://brainly.com/question/30109639

#SPJ1

All of the following are elements of New York's best interest standard, EXCEPT:
A) Recommendations to a consumer must be based on an evaluation of the relevant suitability information provided by the consumer.
B) Producer compensation must be in the form of fees, not sales commissions.
C) Only the interests of the consumer can be considered in making a recommendation.
D) Recommendations must reflect a standard of care, skill, prudence, and diligence that a prudent person familiar with the matters would use under similar circumstances.

Answers

Option B is entirely correct. Producer compensation must take the form of fees rather than sales commissions.

What is the best interest standard in New York?

When recommending or servicing a policy issued in New York, New York Regulation 187 requires producers and insurers to implement a process to ensure they are acting solely in the best interests of the consumer and not in the financial interests of the producer or insurer11 NYCRR 224 (Insurance Regulation 187) amendments will ensure that all proposed to make the retailing of these goods are in the best interests of the consumer. It requires a producer, or insurer in the absence of a producer, to follow a standard of conduct that will be enforced by the superintendent, but it does not guarantee or ensure compliance.

To know about  New York visit:

https://brainly.com/question/12164635

#SPJ1

Selena wrote a popular blog for a well-known cooking magazine. She used the success of her blog to write her own series of books and create a companion line of food products.

Which factor of production below does Selena illustrate?

Answers

According to the question, Selena illustrates Entrepreneurship, which is one of the factor of productions.

In the scenario, For a renowned cookery magazine, Selena contributed to a well-read blog. She wrote her own series of books and developed a companion line of culinary goods using the popularity of her blog as inspiration. This is an example of Entrepreneurship.

Hence, Selena is an Entrepreneur.

Entrepreneurship?

Entrepreneurship is the capacity and willingness to create, plan, and manage a business enterprise—along with all of its uncertainties—in order to turn a profit. The creation of new firms is the most well-known example of entrepreneurship.

To know more about Entrepreneurship visit:

https://brainly.com/question/31008165

#SPJ1

Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity? Continued 4. Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity

Answers

Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. We should anticipate a speculative company that creates technology.

The company's feedback data points may include labor hours, raw materials, and energy expenditures, and its outcomes may be calculated based on the number of products produced or the revenue generated from sales.

We would need to gather data on the organization's activities, such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results.

The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information, such as work hours or raw components.

To learn more about productivity, click here.

https://brainly.com/question/31859289

#SPJ1

Other Questions
Imagine you ordered a printer online 2 weeks ago. you paid for delivery within 24 hours but it hasn't arrived. write an email to the supplier and request a refund. A newspaper for a large city launches a new advertising campaign focusing on the number of digital subscriptions. The equation S(t)=31,500(1. 034)t approximates the number of digital subscriptions S as a function of t months after the launch of the advertising campaign. Determine the statements that interpret the parameters of the function S(t) Kenny decides he wants to buy Christmas presents for his mom and dad. He went to the mall with $150. At the mall, he bought his mom a watch for $68. 99 and arrows for his dad for $38. 99. He then bought himself lunch for $8. 99. Kenny wants to buy his parents one more gift for the both of them to share. Using an inequality, show how much money Kenny could spend on his last gift. What range of costs could he spend on his last gift? which single dietary change can result in a 5% drop in ldl levels? group of answer choices consuming no more than 500 milligrams of sodium a day consuming as little dietary cholesterol as possible consuming 2 glasses of red wine a day consuming 5 to 10 milligrams of soluble fiber a day Um need help this is so hard Sima Qian believed that Goujian, king of Yue, was a descendant of Xia Yu, the founding monarch of the Xia Dynasty, and a direct descendant of Shaokang, the emperor of the Xia Dynasty. Wuyu was granted the title of Kuaiji to be in charge of guarding and offering sacrifices to Xia Yu. After the establishment of the Yue Kingdom, it has maintained a relatively backward living custom, and has little contact with the Central Plains. At this time, it is the end of Spring and Autumn. After more than 20 generations, it was passed down to Goujian's father Yunchang. During Yunchang's reign, he fought many times with Helu, the monarch of Wu. What is the central idea of Katrinas wish Can someone explain the task or explain it in a simpler and easier way?For a product or service of your choice (for example, Penfold wine of Australia or CDU MBA course offered by CDU), discuss how analysis of national competitiveness explain the competitive advantage of a particular organisation from global marketing perspective. Fenmeno natural que afectaba el comercio martimo How much will the monthly payment be for a new car priced at $29,950 if the current finance rate is 36 months at 3. 16%? Include financing the 8% TT&L and make a 25% down payment. I need the answer fast!! A binomial experiment with probability of success p=0.45 and n=7 trials is conducted. What is the probability that the experiment results in exactly 1 success? During a synthesis reaction, 3. 2 grams of magnesium reacted with 12. 0 grams of oxygen. What is the maximum amount of magnesium oxide that can be produce during the reaction After writing the correct formulas for the reactants and products, the equation is balanced by a. adjusting subscripts to the formula(s). b. adjusting coefficients to the smallest whole-number ratio. c. changing the products formed. d. making the number of reactants equal to the number of products. Please Help!! Use the credit card information below and the designated method of computing interest to fill in the blanks. (See image) Adjusted Balance Method- Interest $______ New Balance $______ Directions: Using the evidence you included in your Evidence Tracker, write an essay explaining your claim to the argument. This essay must be 5 paragraphs in length and must use textual evidence. flowers or elgernon Manitowoc Crane (U. S. ) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 16. 000 units per year at the yuan equivalent of $25. 000 each. The Chinese yuan (renminbi) has been trading at Yuan8. 40/$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yuan9. 10/$, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a pricing decision in the face of the impending devaluation. It may either (1) maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change; or (2) maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume Direct costs are 75% of the U. S. Sales price. What would be the short-run (one-year) impact of each pricing strategy? What kind of geometric transformation is shown in the line of music?reflectiontranslationglide reflection 100 POINTS PLEASE HELP!!! 1. Explain how you would determine the enthalpy of reaction for the hypothetical reaction A2X4(l) + X2(g) 2AX3(g) using the following information. You do not need to calculate an answer. Respond to the prompt with a minimum response length of 50 words. Frank just bought a refrigerator for 1036. He paid 103.60 in a down payment and will pay the rest in 4 equal installments. How much does he need to pay for each installment? Find the consumers' surplus at a price level of $1 for the price-demand equationp= D(x) = 20-0.1xwhere p is the price and x is the demand. Do not include a dollar sign or any commas in your answer.