Concentric diversification tries to market new items in industries that the company already operates in and that are connected. The objective is the same, but the format is different.
The hamburgers that include toys in their packets serve as an illustration of this. It is a product unrelated to food, but it also more successfully draws a certain demographic of customers. In this instance, the clients are young people. The business that adopts a vertical diversification strategy.
Bets on the development of goods that it previously purchased on the market. It happens, for instance, when a commercial distribution company decides to expand into manufacturing. You can discuss backward integration when retailer integrates with the manufacturer or forward integration, depending.
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does my ohio business need to pay sales tax for small business 2020
Answer:
I'd recommend calling your local tax office, but from what I know you will need to pay taxes on your net income.
Explanation:
My knowledge isn't too strong outside of PA and TX, and I'm not a tax official. If you're talking about the items you buy, you may be able to get something that's usually called a Sales Tax Exemption or Reseller Exemption. I'm assuming you're talking about sales tax on items sold, though.
''if there are diminishing returns, the marginal cost curve must be positively sloped '' is true or fall, why?
Answer to the following question is TRUE.
The given statement "If average cost rises, marginal cost should rise" is correct.
This is because, according to theory, as the estimated price of an item rises, the marginal cost rises more than that rise. And, as the illustration of these two curves shows, when Average Cost grows, so does Marginal Cost.Learn more:
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As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):
A business executive feels the need to win in everything he does, from his business deals, to his golf, and even with his romantic partners. The executive's behavior illustrates a(n):need for achievement.
What is need for achievement?Need for achievement can be defined as the way in which a person is determine to achieve their goals or when a person is always eager to achieve their set goals and objectives.
Hence, the personalities display by the business executives is called need for achievement as the executives feels the need to win in everything he does,.
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ford motor co. has separate work units for individual car owners, for businesses, and for agriculture. ford’s organizational structure is based upon
Ford motor co. has separate work units for individual car owners, businesses, and agriculture. ford’s organizational structure is based upon customer divisions.
Customer divisions simply refer to when activities are grouped based on the customers or clients. In this case, there are different work units for the customers.
The reason for this is to enhance customer relationships and ensure that customers are attended to. It also helps to improve the revenue of the company since there are happier customers.
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Task 2: Savings, Investments, and Risk Management for a Middle-Aged Professional
Talk to a 40-year-old business professional with a family that includes a spouse and children.
This person can be a family member, friend, or mentor. List and describe the savings,
investments and risk management strategies for this phase of life. Describe how financial
planning has changed from the earlier phase of life.
Some risk management responses that a middle age professional can give include avoiding overspending, making reasonable budgets, having a substitute plan in place for unforeseen events.
What are the investments and strategies?A middle age professional can invest in real estate business. They could also make it a point to spend carefully and avoid lending money to people who will not pay back.
Of course, they should ahve a stable job that gurantees regular income. in addition to this, there should be a mitigation plan for unforeseen events. These strategies can help them financially.
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The high-low method can be used to estimate the cost equation using just________
The high-low method can be used to estimate the cost equation using just two points.
What is cost?Cost, in popular usage, is the financial worth of the goods and services that producers and consumers purchase. The cost price, in accordance with fundamental economic discernment, is an estimation of the substitute opportunities forgone in choosing one good or pursuit over another.
What is the definition of average cost?Average cost, also known as unit cost, in economics is calculated by dividing the total cost by the quantity of items produced. Additionally, it is the same as the total of average fixed expenses + average variable costs. The time period under consideration may have an impact on average expenses. Average prices are a key element of supply and demand that have an impact on the supply curve.
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A purpose of the statute of frauds is to prevent unreliable __________ evidence from interfering with a contractual relationship.
A purpose of the statute of fraud is to prevent unreliable oral evidence from interfering with a contractual relationship.
The concept of a contractual relationship is a legal connection between two or more parties that is supported by an acceptable offer and consideration.
A contractual relationship entails accepting the protection and services of the other party as well as the risk of being imprisoned, fined, or otherwise penalised for breaching its terms. An individual must be legally contracted to the government before police can engage with them legally.
Once they have your authorization to act, the officer has the ability and jurisdiction to carry out his tasks. You have consented to this contractual relationship as a citizen and licenced driver, and as such, you are bound by its terms and conditions.
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of the following companies, which two are more likely to issue junk bonds?
The two companies more likely to issue junk bonds are Company X, a struggling technology start-up, and Company Y, a heavily indebted energy company.
Company X's uncertain financial performance and limited track record make it risky for investors. Company Y's high debt burden and dependence on volatile energy markets increase the likelihood of credit downgrades and higher interest rates. These factors make them prime candidates for issuing junk bonds, which offer higher yields to compensate for the increased risk. It is important to note that this assessment is based on limited information provided, and a thorough analysis of each company's financial statements and market conditions would be necessary to make an accurate judgment.
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give some examples of up-front financing costs associated with residential mortgages. what rule can one apply to determine if a settlement (closing) cost should be included in the calculation of the effective borrowing costs?
Examples of upfront financing costs associated with residential mortgages include origination fees, discount points, appraisal fees, credit report fees, and title insurance fees.
Origination fees: These are fees charged by the lender for processing and underwriting the mortgage loan.
Discount points: These are optional fees paid upfront to lower the interest rate on the mortgage.
Appraisal fees: These are fees for assessing the value of the property.
Credit report fees: These are fees for obtaining the borrower's credit report.
Title insurance fees: These are fees for insuring the lender's and/or borrower's interest in the property's title.
The "APR Rule" helps determine if a settlement (closing) cost should be included in the calculation of the effective borrowing costs. According to this rule, if a settlement cost significantly affects the Annual Percentage Rate (APR) of the mortgage, it should be included. The APR reflects the true cost of borrowing by incorporating both the interest rate and certain fees.
Upfront financing costs associated with residential mortgages include origination fees, discount points, appraisal fees, credit report fees, and title insurance fees. The "APR Rule" is used to determine if a settlement (closing) cost should be included in the calculation of effective borrowing costs, considering its impact on the Annual Percentage Rate (APR).
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What is one reason to keep detailed patient records?
• A. To justify a breach of duty when it is called for
•
B. To have proof that the patient consents to treatment
•
C. To share them publicly if the patient becomes problematic
•
D. To help protect against malpractice cases and damages
The one reason to keep detailed patient records is To have proof that the patient consents to treatment. Thus the correct option is B.
In cases of medical negligence, the records of the patient give a precise and understandable description of a patient's medical history, treatments, and progress. This act is evidence that the given treatment is with the consent of the patient.
By serving as a foundation for ongoing assessments, planning, and evaluations of patient's health status, thorough records can guarantee that patients receive the best care available.
Therefore, option B is appropriate
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Marta is interviewing candidates for a position in the Human Resources department at her company. She is deciding who to interview by going through resumés and looking at the subject areas in which each candidate studied. Which four candidates would be the best choice for Marta to interview?
Answer:
C). Marisol, who studied communications and business
Explanation:
Marisol would be the best candidate to be interviewed for the position in the HR department as she has studies business and communications which is critical to ensure effective communication between the employee and the business. The HR professionals primarily function as the link between the two and help in maintaining healthy employee relations. They act as the leaders in the organization and with their efficient organization, decision-making, and management skills, they ensure the smooth functioning of the organization. Since Marisol has studied business and communications, she must possess these skills which would be the most suitable for the position. Hence, option C is the correct answer.
Answer:
B: Michelle, who studied communications and business
A particular stock pays an annual dividend of $2 per share and the annual dividend yield is 4 percent. The price of a share of this stock is
The price of a share of this stock is $50.
To find the price of a share of the stock, we need to use the formula for dividend yield. The dividend yield is calculated by dividing the annual dividend by the price of a share and then multiplying by 100.
Given that the annual dividend is $2 per share and the annual dividend yield is 4 percent, we can set up the equation as follows:
4% = ($2 / Price) * 100
To solve for the price, we need to isolate it on one side of the equation. We can do this by dividing both sides of the equation by 4% (or 0.04):
\(\text{Price} = $2 / (4\% / 100) \\\text{Price} = $2 / 0.04\)
Simplifying the equation:
Price = $50
Therefore, the price of a share of this stock is $50.
Conclusion: The price of a share of this stock is $50.
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E-learning is limited in terms of accessibility compared to leadership and cultural training.
trur or false
False. E-learning is not necessarily limited in terms of accessibility compared to leadership and cultural training. In fact, E-learning can be more accessible as it allows people from different locations and backgrounds to participate in the training, often at their own pace and convenience.
E-learning has actually increased access to training and education, especially for those who cannot attend in-person training sessions due to geographical, time, or other constraints. With the advancement of technology, e-learning platforms are becoming more user-friendly and accessible, with features such as closed captioning, audio descriptions, and screen reader compatibility. While leadership and cultural training can also be done online, it may require more interactive and hands-on activities that are difficult to replicate virtually.
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_____ is the most critical step of the decision-making process. Group of answer choices Choosing an alternative Identifying and defining the problem Evaluating the alternatives Determining the set of alternatives
Identifying and defining the problem is the most critical step of the decision-making process.
An individual goes through a decision-making process while deciding which alternative or course of action will best suit their needs.
It is a series of actions performed by managers in an organization to decide the intended course for business objectives and to initiate particular actions.
Business intelligence (BI) and analytics technologies should ideally be used to analyze objective facts and make choices on those findings.
Identifying and defining the problem is the most crucial step of the decision-making process because without getting to know the problem no manager will be able to find the solution to it.
Hence, identifying and defining the problem is the most critical step of the decision-making process.
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Which of the following best explains the recent decline in the role of financial intermediaries? A) Private production and sale of information B) Government regulation to increase information C) Improvements in information technology D) None of the above can explain the recent decline
The best explanation for the recent decline in the role of financial intermediaries is improvements in information technology. This is because technological advancements have made it easier and more efficient for individuals and businesses to access and share financial information.
Reducing the need for intermediaries to facilitate these transactions. While private production and sale of information and government regulation to increase information can also contribute to the decline, they are not as significant as the impact of technology.
Decline in the role of financial intermediaries is,Improvements in information technology. This has led to more efficient and direct ways for individuals and businesses to access financial services, reducing the need for intermediaries. The improvements in information technology have made it easier for people to gather information, analyze it, and make financial decisions without relying on intermediaries.
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Analyzing Finance Workers' Qualities, Skills, and Abilities.
According to the video, what qualities, skills, and abilities do workers in this career cluster need? Check ALL that apply.
a. physical strength for working outdoors and traveling
b. communication skills for explaining complex concepts
c. leadership skills for persuading others to take action
d. the ability to inspire others
e. the ability to be unemotional about business
f. the ability to be comfortable in an office setting
The qualities, skills, and abilities which workers in this career cluster need are:
B. Communication skills for explaining complex conceptsE. The ability to be unemotional about business F. The ability to be comfortable in an office settingAccording to the given question, we are meant to show the abilities, skills which workers that were displayed on video needs to have if they are to thrive in their chosen profession.
As a result of this, we can see that the workers in this particular career cluster needs communication skills, emotional intelligence and ability to be comfortable in an office setting.
Therefore, the correct answers are options B, E and F
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Answer:
B.E.F
Explanation:
Homestyle is a company that manufactures and sells home furniture. It sources its materials from another country to keep costs low. An assembly line worker in one of its manufacturing centers noticed that there was increasing concern regarding the potential toxicity of the flame-resistant materials used in the furniture. In response, she compiled a list of nontoxic flame-resistant materials that the company could use. When her manager learned about this, he presented the prospect and got it approved from the top management team. This is an example of the Group of answer choices top-down strategic planning approach. planned emergence approach. scenario planning process. reverse engineering process.
The situation described in the scenario aligns with the "planned emergence" approach to strategic planning. Planned emergence is a strategic planning approach that combines elements of both top-down and bottom-up processes.
In this case, the assembly line worker noticed a concern and took the initiative to compile a list of nontoxic flame-resistant materials. This represents a bottom-up approach where employees contribute ideas and suggestions based on their firsthand experiences. The worker recognized the potential issue and proactively identified a solution.
When the worker's manager learned about the compiled list, they presented it to the top management team and obtained approval. This step represents the top-down aspect of planned emergence, as the manager communicated the employee's idea to higher-level decision-makers and sought their buy-in.
The top management team's approval demonstrates their recognition of the value in incorporating the employee's suggestions into the company's strategic planning. By incorporating the nontoxic flame-resistant materials, the company is addressing the increasing concern regarding the potential toxicity and demonstrating a commitment to providing safe products to their customers.
Overall, the scenario reflects a collaborative approach to strategic planning, where both the employee's initiative and the manager's facilitation of the idea contribute to the company's decision-making process. This aligns with the planned emergence approach, which seeks to combine top-down direction with bottom-up contributions.
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Which budget is the starting point in preparing financial budgets?Group of answer choicesA) the budgeted balance sheetB) the capital expense budgetC) the budgeted income statementD) the cash receipts budget
The starting point in preparing financial budgets is C) the budgeted income statement. This is because the budgeted income statement is used to estimate the amount of revenue that a company will generate in a given period, as well as the expenses that it will incur.
The budgeted income statement is therefore the foundation for other financial budgets, such as the budgeted balance sheet, the capital expense budget, and the cash receipts budget.
By starting with the budgeted income statement, a company can ensure that its financial budgets are aligned with its overall financial goals and objectives.
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which is an example of a property tax
a) 5% charged on purchases of ordinary goods
b) 20% charged in imported goods
c) 10% charged on each gallon of gas
d) 0.5% charged on the value of a home
Answer:
d. 0.5% charged on the value of a home
Explanation:
property tax relates exclusively to the property itself
Answer:
D)
Explanation:
0.5% charged on the value of a home
Under the gross method, when the customer pays within the discount period, which of the following accounts is not recorded in the journal entry to record the cash receipt?
The "cost of good sold" is not recorded in the journal entry to record the cash receipt.
In accounting, the Gross method refers to the method of recording a purchases at the invoice price without any deduction of cash discounts.
Under the journal entry, the purchase are recorded at the invoice amount alone without making account for any discount deduction.
Now, when a customer pays for purchase within the discount period, the accounts that are not recorded in the journal entry is "Cost of goods sold" because it is used only at the time of sales.
The account which are recorded in the journal entry includes Sales, Accounts Receivable and Cash.
Therefore, the account which is not recorded is the "Cost of goods sold".
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Identify and explain one advantage and one disadvantage of leasing all the equipment used in the business.
Answer:
Advantage Is You Save Money, Disadvantage Is The Way That There's Not Enough Or Its Not Good Enough
Explanation:
Basically Yea
how would you collect the data and why? in methodology part of research
What is an example of SECONDARY market research
Answer:
News articles and Reports
Explanation:
its how they draw their data
Answer: Market research that's already compiled and organized for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.
Explanation: Secondary research uses outside information assembled by government agencies, industry and trade associations, labor unions, media sources, chambers of commerce, and so on. It's usually published in pamphlets, newsletters, trade publications, magazines, and newspapers. Secondary sources include the following: public and commercial sources
20 points!
Which phrase best completes the table?
Monopoly
Benefits- has lower production costs
?
Drawbacks- allows for little competition between businesses
May lead to price fixing
A. Promotes innovation and entrepreneurship
B. Is less likely to be regulated by the government
C. Has more money for research and development
D. Makes a greater variety of products available to consumers
Monopoly has more money for research and development is the phase that best completes the table.
What is a monopoly?A monopoly is when one business holds a dominant position within an industry or a sector to the exclusion of all other serious competitors.
Monopolies are frequently discouraged in countries with free markets. They are viewed as causing price gouging and declining quality because consumers have few other options. They can also concentrate money, authority, and influence in the hands of a single person or a small group of people.
On the other hand, governments may support and even impose monopolies for some basic services like utilities.
The lack of competition that characterizes a monopoly can result in high costs for consumers, subpar goods and services, and dishonest corporate practices.
A business that controls a certain market or industry may take advantage of that status at the expense of its clients. It has the ability to control prices, fudge supply and demand, and produce fake scarcities. It may make it difficult for new competitors to enter the market and prevent experimentation or the creation of novel products. The consumer is at its mercy because they have no other option but to choose a competitor.
Markets that have been monopolized frequently turn unjust, uneven, and ineffective.
Because they either control the majority of the market for their product or are the only provider of it, monopolies often have an unfair advantage over their rivals. Monopolies may vary from one business to another, although they frequently have the following traits in common:
High entry barriers because a single company controls the market, competitors cannot enter it.There is only one seller in the market at this time.Price maker- The business with the monopoly can set the price for its goods without worrying that a rival will undercut it. Prices may be raised at will by a monopoly.A monopoly may purchase enormous quantities of the raw materials it requires at a volume discount thanks to economies of scale. Then, it can reduce its costs so drastically that smaller rivals won't be able to compete.
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name four commercial services which are useful to a manufacturer
111. The users of management accounting include:
i for profit organisations
ii not-for-profit organisations
iii city governments
iv educational institutions
A.
i, iii and iv
B.
i
C.
Management accounting is an internal accounting function for organizations that involves providing information to internal stakeholders to assist in their planning, control, and decision-making activities. In this question, the users of management accounting include.
i for profit organizations, ii not-for-profit organizations, iii city governments, and iv educational institutions, so option A (i, iii, and iv) is the correct answer.
I. For-profit organizations: Management accounting is essential in the context of for-profit organizations because they have to make several strategic decisions to keep up with their competition and survive in the long run. Management accounting helps the for-profit organizations by providing valuable insights into key financial and non-financial data.
II. Not-for-profit organizations: Management accounting is critical for not-for-profit organizations as well, as they also have to manage their financials and operate in the best possible way with the limited resources they have.
III. City governments: Local governments require accurate financial information to make decisions that impact their constituents' quality of life. Management accounting helps local governments maintain their finances and make informed decisions on infrastructure and services that benefit citizens.
IV. Educational Institutions: Management accounting is used in educational institutions to aid them in making informed financial decisions. Educational institutions are run like businesses and require information on their costs, revenues, and resource allocations, which can be done by the use of management accounting.
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Under what condition do you think extravert make more effective leader than introvert? What unique abilitie of introvert could make them more effective in ome ituation?
When it comes to interacting with peers and big groups of people, extroverts can be more effective leaders. Extraversion frequently manifests as talkativeness, friendliness, and excitement. These traits facilitate effective group interaction, communication, problem-solving, and critical thinking.
Introverts can become more effective in a one on one situation because listening is among the unique skills that tend to come naturally for introverts. They listen to what is explicitly stated and often pick up on implications, thoughts, and feelings that are not said.
Introverts allow others to speak while yet speaking up when necessary. Others instantly feel at home with them since they always endeavor to make others around them happy. Due to their delicate nature, they may also be patient with others, even when they are stepping on their toes.
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gatt rules initially only dealt with trade in manufactured goods and commodities. with the increase in trade in the ______ sector, the uruguay round sought to establish agreements to cover this area.
With the increase in trade in the service sector, the Uruguay round sought to establish agreements to cover this area.
The GATT (General Agreement on Tariffs and Trade) was an international agreement that initially dealt with trade in manufactured goods and commodities.
As trade in services (such as banking, healthcare, and tourism) became increasingly important, the Uruguay Round of trade negotiations sought to establish rules to cover this area. The result was the General Agreement on Trade in Services (GATS), which is an international agreement that covers a wide range of services sectors.
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A realtor is trying to predict the value of a home. He has quantitative data available and has evidence that the home price has a strong relationship to the square footage of the home. The best choice for a forecasting model is.
A realtor tries to estimate a home's value. He has quantitative data and proof that there is a significant correlation between home price and square footage. The best option for a forecasting model is linear regression.
Making predictions based on historical and current data is the process of forecasting. These might then be evaluated in light of what transpires. An organization can, for instance, forecast its revenue for the following year and then contrast that projection with the actual outcomes. An equivalent but more comprehensive phrase is prediction. The term "forecasting" can be used to describe a variety of formal statistical techniques that use time series, cross-sectional data, or longitudinal data, as well as less formal ways of judgment or the prediction and problem-solving process itself.
Application fields can use the terminology differently; for instance, in hydrology, "prediction" is used for more broad predictions such as the frequency of floods whereas "forecast" and "forecasting" are sometimes reserved for estimations of values at specified precise future dates.
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