amazon has built capabilities around internet technology and e-commerce to facilitate information exchanges with its customers in a cost-effective manner. this represents which of the following service dimension? a. reach b. affiliation c. none of the these is correct. d. richness

Answers

Answer 1

The correct answer is a. reach. The service dimension that best describes Amazon's capabilities around internet technology and e-commerce to facilitate information exchanges with its customers in a cost-effective manner is "reach."

Reach refers to the extent to which a service provider can reach its customers and deliver its services to them. In the case of Amazon, its capabilities around internet technology and e-commerce enable it to reach a large number of customers in a cost-effective manner, as it can deliver its services electronically without incurring the costs associated with traditional brick-and-mortar retail stores.

Affiliation refers to the degree to which a service provider is affiliated with other organizations or brands. In this case, "affiliation" is not the correct service dimension to describe Amazon's capabilities.

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Related Questions

The broad term _____ represents an interest in viewing the operations function as a whole rather than simply as an analysis of inputs and outputs.

Answers

The broad term that represents an interest in viewing the operations function as a whole is "systems thinking."

Systems thinking is an approach to problem-solving and decision-making that considers the entire system or process, rather than just the individual parts.

It involves understanding how different components of the system are interconnected and how changes to one part of the system can impact the entire process.

In operations management, systems thinking can be applied to identify inefficiencies, optimize processes, and improve overall performance. By looking at the entire system, including inputs, processes, and outputs, operations managers can gain a better understanding of how to improve efficiency, reduce costs, and enhance quality.

Systems thinking is a valuable tool for operations managers to analyze complex systems and make informed decisions that optimize performance and add value to the organization.

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Extras come from the net income minus
A. Taxes
B. Expenses
C. Savings
D. Budget

Answers

I think it’s B hope that helped

Answer:

Its B

Explanation:

I got it correct

You borrow $50 for 1 year at 5% interest rate. What is the interest owed?

Answers

Answer:

i think it would be 100 dollars

Explanation:

you mulitpy original by 5 which comes out to 100

Sofia manages her employees by carefully monitoring their production, comparing what they do to predicted schedules and desired budgets. Sofia can best be described as a ______ leader.

Answers

Answer:

task-oriented

Explanation:

Leadership carries a lot of skills and behaviors that almost anyone can learn and use effectively.

Task oriented leader is one who capitalizes or place emphasis on the technical aspects of a given job. They are dare focus is getting the job done correctly and on time.

They are known to have a well Organizing work, clearly established goals and has a performance standard/meeting deadlines.

What is the future value of $15,000 received today if it is invested at 7.5ompounded annually for five years?

a. 24,521.75

b. 15,133.35

c. 17,476.42

d. 21,534.44

Answers

The future value of $15,000 invested at 7.5% compounded annually for five years is $21534

What is the future value of $15,000 invested at 7.5%?

To calculate the future value, we will use the formula for compound interest Future Value = Present Value × (1 + Interest Rate)^Number of Periods

In this case, the present value (PV) is $15,000, the interest rate (r) is 7.5% (or 0.075), and the number of periods (n) is 5 years.

Future Value = $15,000 × (1 + 0.075)^5

= (1 + 0.075)^5

= 1.4356

Future Value = $15,000 × 1.4356

Future Value = $21534

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in an economy with constant velocity, a real gross domestic product growth rate of 2 percent, an ex ante real interest rate of 3 percent, and a money supply that is expected to grow at 7 percent, the nominal interest rate would be percent.

Answers

The nominal interest rate would be 12%. Nominal interest rate is the percentage rate of interest that is quoted on a loan or deposit, without adjusting for inflation.

Nominal interest rate is the interest rate as it is stated, without any adjustment for the effect of inflation on the purchasing power of the money that will be received. It is the rate of interest that borrowers pay on loans and the rate of interest that depositors receive on savings and other deposit accounts.

To determine the nominal interest rate you can use this formula:

Nominal interest rate = Real GDP growth rate + Ex ante real interest rate + Expected growth rate of money supply

In this case:

Nominal interest rate = 2 percent + 3 percent + 7 percent

Nominal interest rate = 12%

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What three factors that had a negative impact on the financial performances of unibic in its early years?

Answers

Answer:

Price of unibic, preference for other glucose biscuits, and inadequate marketing and branding campaigns had a negative impact on the financial performances of unibic in its early years

Explanation:

The three factors that negatively impacted the financial performances of unibic in its early years were as follows

a) The price of Unibic cookies was higher as compare to its other competitors.

b) During those days, glucose biscuits were preferred as compared to bakery cookies of Unibic

c) Packaging, branding and marketing  not as per the public requirement

An investor purchases a PQR convertible bond at 98 on June 18, 1994. The bond is convertible at $25, and on June 19, 1995, when the common stock is trading at $26 per share, the investor converts his bond into the stock. For tax purposes, these transactions will result in

Answers

Answer:

pqqrptqtrmxyqumqmrmqmqmymh m

The revenue cycle of a company generally includes which accounts?a. Inventory, accounts payable, and general expenses.b. Inventory, general expenses, and payroll.c. Cash, accounts receivable, and sales.d. Cash, notes payable, and capital stock.

Answers

The revenue cycle of a company generally includes cash, accounts receivable, and sales.

Cash represents the inflow of funds from customers, while accounts receivable is the money owed to the company by its customers for goods or services that have been sold on credit. Sales refer to the revenue earned from the sale of products or services.The revenue cycle is the process of selling goods or services to customers and receiving payment from them. It involves a series of interrelated business activities that start from the moment a sale is made until the cash is collected. The revenue cycle typically includes sales order entry, credit approval, shipping and handling, billing, and cash receipts.

Inventory, accounts payable, and general expenses are not part of the revenue cycle. Inventory is the goods a company holds for sale, accounts payable represents the money owed to suppliers for the purchase of goods or services, and general expenses are the costs associated with running a business. While these accounts are important for a company's financial management, they do not directly relate to the revenue earned from sales.

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Explain what the Marginalist Revolution was? Who were LeonWalras and Alfred Marshall and list one contribution they each madeto the Marginalist Revolution?

Answers

The Marginalist Revolution was a significant development in economic theory that emphasized the importance of marginal utility in understanding economic behavior. Leon Walras contributed by developing the general equilibrium theory, while Alfred Marshall's contribution was the development of partial equilibrium analysis.

The Marginalist Revolution was a significant development in economic theory that occurred during the late 19th century. It focused on the concept of marginal utility and the role it plays in determining prices, resource allocation, and overall economic efficiency. The main contributors to this revolution were Leon Walras and Alfred Marshall.

Leon Walras was a French economist who contributed to the Marginalist Revolution by developing the theory of general equilibrium. Walras' main contribution was his formulation of a mathematical model to explain how prices are determined in a market with multiple goods and services.

This model, known as Walrasian equilibrium, highlights the importance of marginal utility in the decision-making process of consumers and producers. It demonstrates that markets tend to reach an equilibrium where supply equals demand for each good, leading to an efficient allocation of resources.

Alfred Marshall was a British economist who also played a crucial role in the Marginalist Revolution. Marshall's main contribution was his development of the partial equilibrium analysis, which focuses on the supply and demand of a single market while holding all other markets constant.

This approach allowed for a more detailed understanding of the role of marginal utility in determining prices and quantities in individual markets. Marshall's work helped to bridge the gap between microeconomics and macroeconomics, providing economists with the tools to analyze both individual markets and the overall economy.

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Assume you invested $5,000 in a mutual fund that earns 6% compounded annually on December 1, 2018. The balance in your account on December 1, 2023 will be $

Answers

The balance in your account on December 1, 2023 of the mutual fund account will be $6691.

How to calculate the mutual fund?

From the information given, the person invested $5,000 in a mutual fund that earns 6% compounded annually on December 1, 2018.

The amount in the account by the date will be:

= 5000 × ( 1 + 6%)^5

= 6691

In conclusion, the correct option is $6691.

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prove that the points (- 6 - 8) (- 16 12) and( - 26 - 18) are the vertices of an isosceles right angled triangle​

Answers

Answer:

The answer is "True".

Explanation:

Given points:

\(A= (-6,-8)\\B=(-16, 12)\\C=(-26, -18)\\\)

Condition of the right-angle triangle is: \(\bold{AC^2= AB^2+BC^2}\)

Formula to find length:

\(Length= \sqrt{(x_2-x_1)^2+(y_2-y_1)^2}\)

\(AC = (-6,-8)(-26,-18)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)

\(\Rightarrow AC= \sqrt{(-26-(-6))^2+(-18-(-8))^2}\\\\\Rightarrow AC= \sqrt{(-26+6))^2+(-18+8))^2}\\\\\Rightarrow AC= \sqrt{(-20))^2+(-10))^2}\\\\\Rightarrow AC= \sqrt{400+100}\\\\\Rightarrow AC= \sqrt{500}\\\\\)

\(AB = (-6,-8)(-16,12)\\\\x_1= -6 \ \ y_1=-8 \ \ \ and \ \ \ x_2=-16 \ \ y_2=12\\\)

\(\Rightarrow AB= \sqrt{(-16-(-6))^2+(12-(-8))^2}\\\\\Rightarrow AB= \sqrt{(-16+6))^2+(12+8))^2}\\\\\Rightarrow AB= \sqrt{(-10))^2+(20))^2}\\\\\Rightarrow AB= \sqrt{100+400}\\\\\Rightarrow AB= \sqrt{500}\\\\\)

\(BC = (-16,12)(-26,-18)\\\\x_1= -16 \ \ y_1=12 \ \ \ and \ \ \ x_2=-26 \ \ y_2=-18\\\)

\(\Rightarrow BC= \sqrt{(-26-(-16))^2+(-18-12)^2}\\\\\Rightarrow BC= \sqrt{(-26+16))^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{(-10)^2+(-30)^2}\\\\\Rightarrow BC= \sqrt{100+900}\\\\\Rightarrow BC= \sqrt{1000}\\\\\)

\(\Rightarrow {AC^2= AB^2+BC^2}\\\\\Rightarrow (\sqrt{1000})^2= (\sqrt{500+500})^2\\\\\Rightarrow 1000=1000\\\)

The angle is right-angled triangle

2. Making choices is necessary in all economic systems because:
A. there are so many products that we cannot use them all at once
B. the government has so much money that it does not know what to do with it
C. there are so many resources compared to people’s needs that we have to choose which ones not to use
D. there are so many wants compared to scarce resources that we have to decide what to produce

Answers

Explanation:

it is d because we don't have enough resources to sustain forever so we have to figure out how to make them last.

A machine was purchased for $500,000 with a residual value of $50,000. The company estimates that the machine will last 5 years and produce 2,000,000 parts over its life. Calculate depreciation expense using the Straight-Line method for the 5-year life. (NOTE: Round your answers to the nearest dollar and enter it enter it WITHOUT decimals, commas or dollar signs [Example 75000].)

Answers

This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.

The Straight-Line method of depreciation allocates the cost of an asset evenly over its useful life. To calculate the depreciation expense for the machine over its 5-year life, we need to first determine the depreciable cost of the asset. The depreciable cost of the asset is the original cost minus the residual value. In this case, the depreciable cost would be $500,000 - $50,000 = $450,000.
Next, we divide the depreciable cost by the number of years of useful life to calculate the annual depreciation expense. So, the annual depreciation expense for this machine would be $450,000 / 5 years = $90,000. Therefore, the depreciation expense using the Straight-Line method for the 5-year life would be $90,000 per year. This means that the company will record $90,000 as depreciation expense on the machine in each year of its useful life until it reaches the residual value of $50,000.

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Here are book and market value balance sheets of the United Frypan Company (UF):
Book
Net working capital $ 70 $ 90 Debt
Long-term assets 130 110 Equity
$200 $200 Market
Net working capital $ 70 $ 90 Debt
Long-term assets 190 170 Equity
$260 $260 Assume that MM's theory holds with taxes. There is no growth, and the $90 of debt is expected to be permanent. Assume a 40% corporate tax rate.
a. How much of the firm's value is accounted for by the debt-generated tax shield?
PV tax shield $
b. How much better off will UF's shareholders be if the firm borrows $70 more and uses it to repurchase stock, assuming the increase in debt does not increase the risk of old debt?
Better off by $

Answers

MM refers to Modigliani and Miller, who inside the Nineteen Sixties theorized that the fee of the levered company is the fee of the unlevered firm plus the fee of the tax protect. (M&M, 1963, "company profits taxes and the value of capital: a correction". American economic overview. 53)





A)
in keeping with Modgliani and Miller, the cost of the tax defend is:

cost of tax protect = Debt * Tax price = forty * 0.4 = $sixteen.

B)
If the company borrow every other $20, the delivered cost will be:

introduced cost of borrowing = New debt * Tax = 20 * zero.four = $eight


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If the price elasticity of demand for a good is 0.25, then a 20 percent decrease in price results in a
A. 0.0125 percent increase in the quantity demanded.
B. 4 percent increase in the quantity demanded.
C. 5 percent increase in the quantity demanded.
D. 80 percent increase in the quantity demanded.

Answers

Answer:

B

Explanation:

100÷2=5 because if 20 percent was decreased then the quantity must have increased by 5 due to difference

Which sentence best completes the diagram?
Iinflation takes place in
a country.
?
A. Unemployment in the country decreases.
B. Prices in the country increase
C. Prices in the country decrease.
D. Unemployment in the country increases.

Answers

Answer:

B. Prices in a country increase.

Explanation:

Many countries use consumer price indices to measure inflation.

Inflation takes place in a price in the country increase. Thus, option (b) is correct.

What is inflation?

The rate at which the cost of goods and services is increasing in an economy is known as inflation. When costs of manufacturing, such as labor and raw materials, rise, inflation may result.

The rate of price growth for goods and services is known as inflation. Consumers' ability to acquire things is frequently impacted by inflation.

As a result, option (b) is correct.

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A registered securities agent has been contacted by an independent venture capitalist to obtain customers for a private placement that he is forming. Which statement is TRUE?

A) the agent is prohibited from directing customers to the venture capitalist

B) The agent is permitted to direct customers to the venture capitalist without restriction

C) the agent is permitted to direct customers to the venture capitalist with the permission of the Administrator

D) the agent is permitted to direct customers to the venture capitalist if the agent has posted a surety bond

Answers

Answer: A) the agent is prohibited from directing customers to the venture capitalist

Explanation:

This could be similar to a selling away, where he's putting his customers into a security firm which they are not much aware of in a transaction that they are not supervising.

A newly independent adult wants to increase the amount of money they have in their savings account. What should they consider?

Answers

When a newly independent adult wants to increase the amount of money they have in their savings account. They will need to consider the maximum limit that such account could take.

What is a bank account maximum limit?

A bank account maximum limit refers to the maximum amount of money that can be held in a bank account. This limit can vary depending on the type of account and the financial institution that holds the account. For example, a savings account may have a maximum balance limit of $250,000, which is the limit set by the Federal Deposit Insurance Corporation (FDIC) for deposit insurance coverage.

Some checking accounts may have a daily maximum limit on withdrawals or transfers, which can vary depending on the bank's policies and the account holder's transaction history. It's important to note that exceeding the maximum balance or withdrawal limits on an account can result in fees or penalties imposed by the bank. It's always a good idea to check with your bank or financial institution to understand the specific limits and rules that apply to your account.

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Disadvantages of choosing a job that is extremely popular or in demand

Answers

The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

What is a high demand job?

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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Which study involves the collection of information supported by opinions? the study of the effect of playing in the rain on catching a cold the study of the effect of a full moon on human behavior the study of the effect of economic status on traveling the study of the effect of economic status on eating out.

Answers

The study of the effect of a full moon on human behavior. Pseudoscience is a discipline that is based on beliefs, and opinions which are claimed to be logical and scientific but they actually are not as they are not supported by evidence obtained from experimental trails.

Pseudoscience consists of statements, beliefs, or practices that claim to be each scientific and genuine however are incompatible with the clinical approach.[1][Note 1] Pseudoscience is frequently characterised via contradictory, exaggerated or unfalsifiable claims; reliance on affirmation bias in place of rigorous tries at refutation; loss of openness to assessment by means of other professionals; absence of systematic practices while developing hypotheses; and endured adherence long after the pseudoscientific hypotheses had been experimentally discredited.

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Answer

the study of the effect of playing in the rain on catching a cold

Explanation:

its B!!!!!

An advantage of a corporation is that

A. owners pay fewer taxes than owners of other forms of business.
B. the business is subject to little government intervention.
C. owners have limited liability for debt.
D. owners have direct and immediate control over daily management of the business.

Answers

Answer:

C. Owners have limited liability for debt

D owners have control over daily management

Buyers look for signals of service​ quality, drawing conclusions about quality from the​ place, people,​ price, equipment, and communications that they can see to address the issue of service​ ________.

Answers

In most cases, the buyers look for signals of service​ quality, drawing conclusions about the quality from the​ place, people etc so that they can see to address the issue of service​ quality.

What is known as a service​ quality?

Basically, the term "service quality" refers to the measure of how well the service provided meets the customer's expectations. In understanding the service quality, we must also understand its dimensions such as tangibles, reliability, responsiveness, assurance, empathy etc.

Most of the customer has their ideal expectation of the service they want to receive when they go to a restaurant or store. So, a service quality measures how well a service is delivered as compared to customer expectations. In conclusion, the business that meet or exceed the expectations are considered to have high service quality.

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Please help
9. Describe preventing/controlling risk in relation to how businesses deal with each of the
following:
a. Safety-
b. Security-
c. Employee incompetence-
d. Product selection-
e. Credit-
f. Changes-
g. Weather extremes-

Answers

a. Safety - Businesses can prevent and control risks related to safety by implementing safety protocols and guidelines, providing adequate training to employees, regularly inspecting equipment and facilities, and promptly addressing any safety concerns.

b. Security - Businesses can prevent and control risks related to security by implementing access control measures, using security cameras and alarms, regularly reviewing and updating their security policies, and training employees on how to identify and respond to security threats.

c. Employee incompetence - Businesses can prevent and control risks related to employee incompetence by providing thorough training and development programs, setting clear performance expectations, and regularly monitoring employee performance and providing feedback.

d. Product selection - Businesses can prevent and control risks related to product selection by conducting thorough research on products, identifying potential risks and liabilities associated with them, and regularly reviewing and updating their product selection policies.

e. Credit - Businesses can prevent and control risks related to credit by establishing credit policies and procedures, conducting credit checks on customers, setting credit limits, and regularly monitoring accounts receivable.

f. Changes - Businesses can prevent and control risks related to changes by conducting thorough risk assessments before implementing any changes, communicating changes to stakeholders, establishing contingency plans, and regularly reviewing and updating their change management policies.

g. Weather extremes - Businesses can prevent and control risks related to weather extremes by implementing weather emergency protocols, regularly monitoring weather forecasts, having emergency supplies on hand, and regularly reviewing and updating their weather emergency plans.

\( \: \)

Final answer:

Preventing and controlling risk in business involves implementing various strategies for different aspects such as safety, security, employee competence, product selection, credit, changes, and weather extremes.

Explanation:Preventing/Controlling Risk in BusinessSafety: Businesses can prevent safety risks by implementing safety measures such as providing proper training, enforcing safety protocols, and conducting regular inspections.Security: Businesses can control security risks by installing security systems, implementing access control measures, and conducting background checks on employees.Employee incompetence: Businesses can prevent employee incompetence risks by providing comprehensive training programs, establishing clear performance expectations, and conducting periodic performance evaluations.Product selection: Businesses can control product selection risks by conducting thorough market research, partnering with reputable suppliers, and performing product testing.Credit: Businesses can prevent credit risks by setting strict credit policies, conducting credit checks on customers, and implementing effective collection procedures.Changes: Businesses can control risks associated with changes by implementing change management strategies, communicating effectively with stakeholders, and conducting impact assessments.Weather extremes: Businesses can prevent or mitigate risks associated with weather extremes by implementing weather monitoring systems, having emergency response plans in place, and investing in appropriate insurance coverage.

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Answer for 25 points link to video

Answer for 25 points link to video

Answers

Based on  Coca Cola's most recent yearly report, they offer over 1.9 billion servings of their items each day in more than 200 nations.

What is the Coca-Cola’s Business about?

In terms of question 2,  Coca Cola depends intensely on its bottling accomplices for the conveyance of its items. These bottling accomplices are autonomous firms that have understandings with Coca Cola to make, bundle, and disperse its refreshments.

Lastly, for question 3, Coca Cola's approaches to achieving goals in the immediate and distant future exhibit notable differences. In the immediate future, the company's primary goal is to sustain its market presence and financial viability by implementing measures such as reducing expenses and conducting focused promotional efforts.

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See text below

video transcript

0:00

Coca-Cola’s Business And Distribution Strategy

0:03

According to official statistics,1.9 billion Coca-Cola products are sold around the world

0:09

everyday.

0:11

The Coca-Cola Company is a global business that operates on a local scale.

0:16

The Company is able to create a global reach with local focus because of the strength of

0:20

its system, which comprises the Coca-Cola Company and their more than 250 bottling partners

0:26

worldwide.

0:28

The system has numerous legal and managerial departments and sections, all independent

0:32

of each other, and it does not own or control all of its bottling partners worldwide.

0:38

While it is generally perceived that Coca-Cola runs all its operations globally, this process

0:43

is done through various local channels.

0:47

Coca-Cola typically agrees to refrain from selling or distributing, or from authorized

0:51

third parties to sell or distribute, the Company Trademark Beverages throughout the identified

0:56

territory, to guarantee bottling partner exclusivity under that territory and product.

1:02

However, Coca-Cola typically reserves for itself the right to manufacture and distribute

1:08

its trademarked products and brands.

1:11

In exchange Coca-Cola also participates in the sales and marketing activities of its

1:15

bottling partners.

1:18

For instance, in 2019, Coca-Cola spent $4.4 billion in promotional and marketing programs

1:25

with bottling partners.

1:27

The bottling partners manufacture, package and distribute the final branded beverages

1:32

to customers and vending partners, who then sell products to consumers.

1:37

All bottling partners work closely with suppliers- grocery stores, restaurants, convenience stores,

1:43

amongst many others- to execute localized strategies developed in partnership with Coca-Cola.

1:50

More precisely, although Coca-Cola is a global company, its products never have to travel

1:55

far to reach the final consumer, making the product more local than you may think, the

2:00

product is made local to the market where it is sold.

2:04

Their business is a local business, typically products aren’t shipped more than a few

2:08

hundred miles; it’s all about being responsive to the customers needs and the local tastes

2:13

of the consumers in every market.

after watching the video answer the following questions:

1) How many Coca Cola products are sold around the world?

2) How do their bottling partners assist with their distribution?

3) How does Coca Cola act as a company short-term and long term? What is the difference between the two (Be very detailed)

Beauty and the bistro, inc. Had $500 of supplies on its balance at the end of its 1st year of business. It purchased $5,000 of supplies during the 2nd year. At the end of the 2nd year, it had $800 of supplies on hand. What is the amount of supplies expense on the income statement?.

Answers

The amount of supplies expense on the income statement= $4,700

It started with $500 and purchased $5,000 but only has $800 of supplies left, thus it used $4,700. The amount used is Supplies Expense and is recorded as an adjusting entry with a debit to Supplies Expense (+E,-SE) and credit to Supplies (-A) for $4,700. The Supplies balance on the balance sheet equals $800 (the supplies left).

A supplier is a person, business, or other entity that sells or provides clients with goods or equipment.A supplier in business is a person or a company that provides retailers and distributors with high-quality products and services from manufacturers at competitive prices. Deliverables from them come in the form of raw materials, which manufacturers then transform into finished goods that are ready for sale.

A supplier is a company that offers products and services to another business. This organization is a section of a company's supply chain, which might provide the majority of the value found in its products. Even drop shipping, when products are sent directly to the buyer's clients, is practiced by some suppliers.

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Sometimes consumers purchase goods because of "conspicuous consumption"; i. E. , they want others to know that they can afford to buy the goods. There are many examples of these goods, such as rolex watches, coach purses, and flying first class. What would you expect the income elasticity of demand to be for these goods?.

Answers

A. These are luxury goods, so income elasticity would be greater than 1.

The Correct Option is A

An economic indicator of how sensitive the amount desired for an item or service is to a change in income is called income elasticity of demand. The ratio of the percentage change in quantity requested to the percentage change in income is used to determine the income elasticity of demand.

What does a value of 1 for income elasticity mean?

The income elasticity of demand would be 20%/20% = 1, for instance, if a person's income rose by 20% and the quantity required for an item rose by 20%. It would become a typical good as a result.

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Complete Question - Sometimes consumers purchase goods because of "conspicuous consumption"; i.e., they want others to know that they can afford to buy the goods. There are many examples of these goods, such as Rolex watches, Coach purses, and flying first class. What would you expect the income elasticity of demand to be for these goods?

A. These are luxury goods, so income elasticity would be greater than 1.

B. These are normal goods, so income elasticity would be greater than 1.

C. These are inferior goods, so income elasticity would be greater than 1

TRUE / FALSE. expectancy theory predicts that high expectancy, instrumentality, and valence will result in zero motivation.

Answers

FALSE. The Expectancy Theory and its relationship with motivation.

According to Expectancy Theory, motivation is a product of three components: expectancy, instrumentality, and valence. High levels of expectancy, instrumentality, and valence will lead to increased motivation, not zero motivation.

- Expectancy refers to the belief that one's effort will result in successful performance.
- Instrumentality is the belief that successful performance will lead to desired outcomes or rewards.
- Valence represents the value or importance individual places on the outcomes or rewards.

When all three components are high, motivation will be high as well. If any of these components is low or zero, motivation will decrease.

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Being able to make decisions effectively can make a worker more independent.


Please select the best answer from the choices provided

T
F

Answers

Answer: True

Explanation:

When we are able to make decisions effectively, this can make a worker more independent. This is true.

It should be noted that when one makes decisions effectively, ones confidence is enhanced and one believes more in himself or herself.

When this occurs, as individuals, we trust ourselves and our abilities to make the right decisions which ultimately make us more independent.

Answer:

True

Explanation:

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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?

Answers

The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:

Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.

Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.

Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.

Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.

Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.

Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.

These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.

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