List some of the operations and functions in a company that are dependent on a forecast for product demand.

Answers

Answer 1

Production, inventory management, scheduling, facility placement, transportation and logistics, distribution, marketing, and quality control.

What is a company's straightforward definition?

A set of people can form new entity called a corporation to carry out and manage a business activity, whether it's the commercial or industrial. An entity could well be set up in a number of ways for tax and responsibility reasons depending on the laws in its jurisdiction.

Briefing:

These are some areas that marketing and quality control are related: Marketing aids in predicting demand and sales.

Quality management aids managers in hiring personnel to enhance production efficiency so that it meets consumer demand.

Because forecasting influences both the long-term and short-term market, management in every business management layer views it as a crucial and significant activity.

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Related Questions

Discuss the pros and cons of BMWs selective target marketing? What has the firm done well over the years and where could it improve? (20 marks)

Answers

Selective target marketing allows BMW to focus on a specific market segment, offering tailored products and services that appeal to its target audience.

This approach has several pros and cons.

Pros:
1. Precise targeting: By focusing on a specific group, BMW can create customized offerings that cater to the unique preferences of its customers, leading to higher satisfaction and brand loyalty.
2. Efficient resource allocation: Concentrating on a specific segment enables BMW to allocate resources efficiently, ensuring better returns on investment.
3. Enhanced brand image: By offering high-quality products and services to a select clientele, BMW has built a strong, premium brand image over the years.

Cons:
1. Limited market reach: Selective targeting may limit BMW's customer base, restricting potential growth.
2. Vulnerability to market fluctuations: Focusing on a single segment makes BMW vulnerable to changes in market dynamics, affecting its overall performance.
3. Increased competition: BMW faces fierce competition within its target segment, as competitors vie for the same customers.

Over the years, BMW has excelled at creating innovative, high-performance vehicles and maintaining a strong brand image. To improve, the firm could explore new market segments, diversify its product range, and adopt a more flexible marketing approach to accommodate the evolving preferences of its target audience.

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An efficient market is defined as one in which:
O Asset prices are often in line with the intrinsic value.
O Asset prices quickly and fully reflect all available information.
O All participants have the same opportunity to generate the same returns
0 Transactions are ultimately costless.​

Answers

Answer:

c is the answer of the question bro

An efficient market is defined as one in which generally and relatively All participants have the same opportunity to generate the same returns Option(c) is correct.

What is an efficient Market?

Market efficiency alludes to how well current costs mirror all suitable, significant data about the genuine worth of the fundamental resources.

At its center, market efficiency is the capacity of markets to integrate data that gives the greatest measure of chances to buyers and venders of protections to impact exchanges without expanding exchange costs.

Whether markets like the U.S. financial exchange are effective, or how much, is a warmed subject of discussion among scholastics and experts There are three levels of market efficiency. The powerless type of market efficiency is that previous value developments are not helpful at foreseeing future costs.

On the off chance that all suitable, applicable data is integrated into current costs, any data important data that can be gathered from past costs is as of now integrated into current costs. In this way future value changes must be the consequence of new data opening up.

Therefore Option(c) is correct.

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Kirkland Company combines its operating expenses for budget purposes in a selling and administrative expense budget. For the first 6 months of 2017, the following data are available.
1. Sales: 20,000 units quarter 1; 22,000 units quarter 2.
2. Variable costs per dollar of sales: sales commissions 5%, delivery expense 2%, and advertising 3%.
3. Fixed costs per quarter: sales salaries $10,700, office salaries $6,480, depreciation $4,520, insurance $1,990, utilities $900, and repairs expense $650.
4. Unit selling price: $25.
Prepare a selling and administrative expense budget by quarters for the first 6 months of 2017.

Answers

Answer:

Budgeted Selling and Administrative Expense are:

Quarter 1 = $75,240

Quarter 2 = $80,240

Six Months = $155,480

Explanation:

Note: See the attached excel file for the selling and administrative expense budget by quarters for the first 6 months of 2017.

In the attached excel file, the following calculations is done:

Quarter 1 sales revenue = Quarter 1 units * Unit selling price = 20,000 * $25 = $500,000

Quarter 2 sales revenue = Quarter 2 units * Unit selling price = 22,000 * $25 = $550,000

From the attached excel file, Budgeted Selling and Administrative Expense are:

Quarter 1 = $75,240

Quarter 2 = $80,240

Six Months = $155,480

Matt and Bree are saving for a new car. At the end of 2013, their total savings was $11,500 . In 2014, total savings increased to $12,990 . How much did Matt and Bree save in 2014

Answers

Answer:

the answer is $12,990 - $11500

which is $1,490

ANSWER=$1,490.

ideas to re-motivate employees

Answers

Answer:

Explanation:

Giving gifts and promotions to hardworking employees

What do researchers mean by "secondary data"? A. Data collected specifically for the researcher's own study B. Information from research already conducted for another purpose C. Data collected after any research to gather primary data D. Data considered less important than primary data ​

Answers

Answer:

B. Information from research already conducted for another purpose

Explanation:

Last year, Jensen Consulting reported revenues of $34 million while its total expenses were $10 million. Based on this information, Jensen reported

Answers

Answer:

profits of $24 million

Explanation:

define mortgage- backed securities.​

Answers

Answer: Mortgage interest is a loan.

Explanation:

Mortgage-backed securities, called MBS, are bonds secured by home and other real estate loans. They are created when a number of these loans, usually with similar characteristics, are pooled together.

Which of the following is an Internet job search “don’t”?
a.
Use all types of job sites
b.
Apply for jobs that you are not qualified for
c.
Take advantage of the special features available on job sites
d.
Customize your cover letter and résumé

Answers

An Internet job search “don’t” is Apply for jobs that you are not qualified for.

What is Internet job search?

The internet job search is an application engine that allows perspective job seekers search for available jobs, using the internet.

Internet job search has to do with searching for available jobs or vacancy that suit you qualifications and experience online.With Internet unemployed candidate can find or search for available jobs or vacancy posted by hiring managers or employers.To apply  for jobs that your are qualified means that you have all the requirements that the job role entails and your qualifications, skills and experiences suit the job.Applying for jobs your are best qualified for is the best as this will enables you to show case your skills and experience.

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Answer:

b

Explanation:

right on edge

The city of Morehead leased equipment. The life of the noncancellable lease is 10 years. Using an 8 percent interest rate, the present value of the lease payments is $905,861. The first payment of $125,000 is due when the lease begins, January 10, 2017. An additional payment is due on January 10th for each of the next 9 years. Prepare journal entries to record: 1. The long-term lease in the General Fund. 2. The first lease payment on January 10, 2017. 3. The second lease payment on January 10, 2018. Round answers to the nearest whole number.

Answers

Answer:

1. Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2). Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Dr Lease payable $ 115,000

Dr Interest Expense $ 10,000

Cr Cash $ 125,000

Explanation:

1. Preparation of the journal entry for the long-term lease in the General Fund..

Dr Equipment $ 905,861

Cr Lease Payable $ 905,861

2) Preparation of the first lease payment Journal entry on January 10,

Dr Lease Payable $ 125,000

Cr Cash $ 125,000

3) Preparation of the journal entry to second lease payment on January 10, 2018

Dr Lease payable $ 115,000

Dr Interest Expense (125000 x 8%) $ 10,000.00

Cr Cash $ 125,000

Magnificent Blooms is a florist specializing in floral arrangements for weddings, bo graduations, and other events. Magnificent Blooms has a fixed cost associated with space and equipment of $100 per day. Each worker is paid $50 per day. The daily production § function for Magnificent Blooms is shown in the accompanying table. © Macmil Submit All Quantity of labor (workers) 0 1 2 3 4 5 a. Calculate the marginal product of each worker. Quantity of floral arrangements 0 5 9 12 14 15 Marginal product Quantity of labor (workers) 1 2

Answers

The marginal product of each worker for Magnificent Blooms is as follows: Worker 0: N/A: Worker 1: 5: Worker 2: 4: Worker 3: 3: Worker 4: 2: Worker 5: 1

To calculate the marginal product of each worker for Magnificent Blooms, we need to determine the change in the quantity of floral arrangements resulting from each additional worker.

Here's how to calculate the marginal product for each worker:

Worker 0: Since there are no workers (0 workers), the quantity of floral arrangements is 0. Therefore, the marginal product for worker 0 cannot be calculated.

Worker 1: The quantity of floral arrangements with 1 worker is 5. To calculate the marginal product for worker 1, we subtract the quantity of floral arrangements with 0 workers from the quantity with 1 worker: 5 - 0 = 5.

Worker 2: The quantity of floral arrangements with 2 workers is 9. To calculate the marginal product for worker 2, we subtract the quantity of floral arrangements with 1 worker from the quantity with 2 workers: 9 - 5 = 4.

Worker 3: The quantity of floral arrangements with 3 workers is 12. To calculate the marginal product for worker 3, we subtract the quantity of floral arrangements with 2 workers from the quantity with 3 workers: 12 - 9 = 3.

Worker 4: The quantity of floral arrangements with 4 workers is 14. To calculate the marginal product for worker 4, we subtract the quantity of floral arrangements with 3 workers from the quantity with 4 workers: 14 - 12 = 2.

Worker 5: The quantity of floral arrangements with 5 workers is 15. To calculate the marginal product for worker 5, we subtract the quantity of floral arrangements with 4 workers from the quantity with 5 workers: 15 - 14 = 1.

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Katherine, a production manager at ABC Products, is interested in monitoring how projects were progressing, take steps to see if they were on time, and keep an eye on budget concerns. Which of the following can Katherine use?
a. Division of labor
b. Taylorism
c. Esprit de Corps
d. Scalar Chain principle
e. A scheduling system

Answers

Katherine can use a scheduling system. Option (e) is the correct answer to the question.

What do you mean by Budget?

In a budget, intended expenses are expressed together with suggestions for how to fund them. A budget can show a surplus of resources for later use or a deficit if expenses are greater than income or other resources.

Managers of production and operations make sure that goods are produced effectively and efficiently and that they adhere to all quality standards. They are also essential for organizing and projecting future demand, as well as controlling inventory levels.

Therefore, Option (e) is correct.

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Lisa, a supervisor at a manufacturing facility, suspects that one of her subordinates may be under the influence of drugs or alcohol. Which one of the following, if true, would lead Lisa to this conclusion?

Answers

If Lisa suspects that one of her subordinates is under the influence of drugs or alcohol, she should approach the situation with sensitivity and professionalism.

If Lisa suspects that one of her subordinates may be under the influence of drugs or alcohol, there could be several signs or symptoms that may lead her to this conclusion. One possible indicator is a change in behavior or attitude. For example, if the subordinate has become increasingly moody, agitated, or withdrawn, this could be a sign that they are struggling with substance abuse. Another possible sign could be a decline in job performance, such as missing deadlines, making mistakes, or being frequently absent from work. The subordinate may also exhibit physical symptoms, such as bloodshot eyes, slurred speech, or unsteadiness on their feet. Furthermore, Lisa may observe that the subordinate is experiencing financial problems, as drug and alcohol addiction can be costly and may lead individuals to miss work or spend their money on substances rather than other necessities. Lisa may also notice that the subordinate has become more secretive or defensive, particularly when questioned about their behavior or whereabouts. It is important to gather as much information as possible before making any accusations or taking any disciplinary action. She may also consider seeking guidance from the company's human resources department or employee assistance program to ensure that the subordinate receives the help they need to overcome their addiction.

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Mannarelli Corporation uses the FIFO method in its process costing system. Operating data for the Casting Department for the month of September appear below: According to the company's records, the conversion cost in beginning work in process inventory was $15,660 at the beginning of September. Additional conversion costs of $526,524 were incurred in the department during the month. The cost per equivalent unit for conversion costs for September is closest to: (Round off to three decimal places.)

Answers

Answer:

$ 5.34

Explanation:

Calculation for cost per equivalent unit for conversion costs for September

First step is to find the Equivalent units of production

To complete beginning work-in-process:

Conversion 12,000

[15,000 units × (100%-20% )]

Units started and completed 65,000

(89,000-24,000)

Ending work-in-process

Conversion 21,600

(24,000 units × 90%)

Equivalent units of production 98,600

Second step is to calculate the Cost per equivalent unit using this formula

Cost per equivalent unit =Cost added during the period ÷Equivalent units of production

Let plug in the formula

Cost per equivalent unit = $526,524÷98,600

Cost per equivalent unit = $5.34

Therefore The cost per equivalent unit for conversion costs for September is closest to $ 5.34

Answer:

Explanation: please give me answers

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Answers

1 - 3) The computation of the cost of goods sold, ending inventory, sales revenue, and gross profits under each inventory costing method for Rosenberg Incorporated is as follows:

                                      FIFO                         LIFO           Weighted Average

Cost of goods sold     $2,111                      $2,004                $2,053

                              ($2,699 - $588)       ($2,699 - $695)   (89 x $23.0684)

Ending inventory         $588                        $695                    $646

                               ($21 x 28)              ($575 + $24 x 5)    (28 x $23.0684)

Sales Revenue        $2,937 ($33 x 89)    $2,937                $2,937

Gross profits             $826                          $933                   $884

4) The determination of the method that results in higher profitability when inventory costs are declining is as follows:

When inventory costs are declining, the LIFO method results in higher profitability with a gross profit of $933, which is higher than the weighted average method's $884 and the FIFO method's $826.

The higher profitability results from the lower cost of goods sold with declining inventory costs used to assign costs to the cost of goods sold.

Data and Calculations:

Date            Transactions         Number of Units    Unit Cost        Total Cost

Jan. 1           Beginning inventory          23                    $25              $575

Mar. 4          Purchase                            28                    $24                672

Jun. 9          Purchase                            33                    $23                759

Nov. 11         Purchase                            33                    $21                 693

Total                                                       117                                     $2,699

Sales                                                     -89

Ending inventory                                  28 (117 - 89)

Average cost per unit = $23.0684 ($2,699/117)

Cost of goods available for sale = $2,699

Cost of goods sold = Cost of goods available for sale - Ending Inventory

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Which of the following does Content Marketing helps with?

Answers

Content Marketing helps with Option D. All the above.

Content marketing is a strategic marketing approach that aims to create valuable, relevant, and engaging content for the targeted audience to increase their engagement and loyalty towards the brand. It involves the creation and sharing of various types of content, such as blog posts, articles, videos, infographics, and social media posts, to attract and retain customers.

Content marketing can help businesses achieve various objectives, including:

SEO (Search Engine Optimization): Content marketing can help businesses improve their SEO ranking by creating and publishing high-quality, relevant, and valuable content that includes relevant keywords, meta descriptions, and tags. When the audience engages with this content, it signals to search engines that the content is useful and relevant, which can improve the website's ranking on search engine result pages.

Brand building: Content marketing can help businesses establish themselves as thought leaders in their industry by creating and sharing high-quality content that offers value to their target audience. By consistently creating valuable content, businesses can build trust, credibility, and authority among their target audience, which can ultimately lead to increased brand awareness, loyalty, and advocacy.

Social media reach: Content marketing can help businesses increase their social media reach by creating and sharing valuable and engaging content on social media platforms. By creating shareable content, businesses can attract more followers, increase engagement, and drive traffic to their websites, ultimately leading to increased conversions and sales.

Overall, content marketing is a powerful marketing tool that can help businesses achieve various objectives, including SEO, brand building, and social media reach. It involves creating and sharing high-quality, relevant, and valuable content that resonates with the targeted audience to increase engagement, loyalty, and conversions. Therefore, the correct option is D.

The question was incomplete, Find the full content below:

Which of the following does Content Marketing helps with?

A. SEO

B. Brand Building

C. Social Media Reach

D. All the above​

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QUESTION 11
Whether targeting consumers or resellers, marketers need to focus on:
O Buying center synergy.
O Corporate profit sharing
O Reducing derived demand
O Creating value for their customers

Answers

Marketers need to focus on creating value for their customers. The Option D.

Why is creating value for customers crucial for marketers?

Creating value for customers is crucial for marketers as it directly impacts customer satisfaction and loyalty. When marketers prioritize creating value, they focus on understanding customer needs and preferences, developing products or services that meet those needs and delivering exceptional customer experiences.

By doing so, they differentiate themselves from competitors, build strong customer relationships and drive business growth. When customers perceive value in what a company offers, they are more likely to make repeat purchases.

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How goal succession takes place? Explain the conditions responsible for goal succession.

Answers

Succession takes place when what you've reached the your overall goal/goals.

why is it important NOT to set your office fee schedule equal to the Medicare Fee Schedule?

Answers

Because the fee schedule is subject to change at any time during the year, it does not exceed (or at least does not equal) patients' allowances. Gains are lower if the fee schedule is lower than the medication fees because most other insurance allowances are higher than Medicare. So to gain higher revenue it is advisable not to set the office fee schedule equal to that of the Medicare. Medicare fee bis the most recent form of payment and eliminates wide payment variation across similar areas

What is the fee schedule?

The fee schedule is "a complete listing of fees used by Medicare to pay doctors or other providers/suppliers," according to the Centers for Medicare and Medicaid Services (CMS). On a fee-for-service basis, reimbursement for a doctor and/or other providers is done using this comprehensive list of fee maximums.

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On June 5, Rex Company purchased $2,400 of merchandise on account, terms 2/10 n/60. On June 12, Rex paid for the merchandise. The entry to record the payment under a perpetual inventory system would include a credit to:
A.cash of $2,352
B.inventory of $2,352
C.accounts payable of $2,400
D.cash for $2,400

Answers

Under a perpetual inventory system, the entry to record the payment would include a debit to Accounts Payable for $2,400 and a credit to Cash for $2,352.

What is inventory?

Inventory is the total amount of goods and materials held in stock by a business. It is a record of the items a company has on hand, including raw materials, work in progress, finished goods, and supplies. Inventory is typically tracked to help a business manage their supply chain, measure customer demand, predict future demand, and optimize pricing. It is also used to measure the efficiency of production and distribution, as well as to help determine the total value of assets.

This is because the payment was made under the terms 2/10 n/60, which means that the buyer received a 2% discount if the payment was made within 10 days. Therefore the amount of Cash paid would be $2,400 less the 2% discount, or $2,352.

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Straight Industries purchased a large piece of equipment on January 1, 2016. Straight Industries signed a note, agreeing to pay $400,000 for the equipment on December 31, 2018. The market rate of interest for similar notes was 8%. The present value of $400,000 discounted at 8% for three years was $317,520. On January 1, 2016, Straight Industries recorded the purchase with a debit to equipment for $317,520 and a credit to notes payable for $317,520. Assuming no adjusting entries have been made during the year, the interest expense accrued at December 31, 2016 is closest to:

Answers

Answer:

$25,402

Explanation:

Calculation for the amount of interest accrued at December 31, 2016

Using this formula

Interest expense accrued= 2016 Beginning Note payable liability*Interest rate

Let plug in the formula

Interest expense accrued =$317,520*8%

Interest expense accrued =$25,402

Therefore the interest expense accrued at December 31, 2016 is closest to $25,402

Match each regulatory function with the correct agency

Match each regulatory function with the correct agency

Answers

Answer:

follows are the solution to this question:

Explanation:

Inh the question some data is missing that's why its correct solution can be defined as follows:

FR: Consider accounts for financial institutions contributing to both the federal reserve but fall asleep capital rules with all banks.  FDIC: It offers insurance for most any depot in a commercial bank for $ 250,000  checks protected bank records or limits the investments of assets.  OTC: It reviews its records and limits mostly on properties that can be held to savings and lending organizations.  CC: Contract, review books, or financial institutions operated throughout the national govt and enforce limitations on resources this could carry.  SEC: Require full reporting of financial products exchanged in structured trade.

Answer:

FTC: Prevents unfair competition and protects consumers from

FDIC: Guarantees consumer and business and arranges for failed banks

Explanation:

"Each row of the tabular __________ illustrates the maximum amount of a good or a service that can be produced given the production of the other.O production possibilities schedule
O demand schedule
O production possibilities curve
O supply schedule"

Answers

"Each row of the tabular production possibilities schedule illustrates the maximum amount of a good or a service that can be produced given the production of the other so option A is correct.

It's  frequently appertained to as a  product possibilities  wind or PPC. The PPC shows the  colorful combinations of affair that can be produced by a country or a business given its limited  coffers. The  wind  generally  pitches  over to the right. This is because, in general, as  further of one good is produced, smaller of the other can be produced, as  coffers are limited.

The  product possibilities schedule also shows the  occasion cost of producing one good  rather of the other. This means that the  product of one good requires  abstaining  the  product of the other. By looking at the schedule, a decision maker can determine which good will yield the most  profitable benefit.

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Leadership and Management Case Study
Laura is the Associate Director of a non-profit agency that provides assistance to children and families. She is the head of a department that focuses on evaluating the skill-building programs the agency provides to families. She reports directly to the agency leadership. As a whole, the agency has been cautious in hiring this year because of increased competition for federal grant funding. However, they have also suffered high staff turnover. Two directors have left, as well as three key research staff, and one staff person from the finance department.
Laura has a demanding schedule that requires frequent travel; however, she supervises two managers, who in turn are responsible for five staff members each. Both managers have been appointed within the last six months.
Manager 1: Kelly has a specific background in research. She manages staff who provide research support to another department that delivers behavioral health services to youth. Kelly supports her staff and is very organized; however, she often takes a very black and white view of issues. Upper level leadership values Kelly’s latest research on the therapeutic division’s services. Kelly is very motivated, driven, and expects the same from her staff.
Manager 2: Linda has a strong background in social science research and evaluation. She manages staff that work on different projects within the agency. She is known as problem solver and is extremely supportive of her staff. She is very organized and has a wealth of experience in evaluation of family services. Linda is very capable and can sometimes take on too much.
The managers are sensing that staff are becoming over-worked as everyone takes on increased responsibilities due to high staff turnover. Staff have also mentioned that Laura’s “glass half-empty” conversation style leaves them feeling dejected. In addition, Laura has not shared budgets with her managers, so they are having difficulty appropriately allocating work to staff. Laura said she has not received sufficient information from the finance department to complete the budgets. The finance department said they have sent her all the information they have available.
As staff become distressed, the managers are becoming frustrated. They feel like they are unable to advocate for their staff or problem solve without key information like the departmental budget.

Answers

Laura, the Associate Director of a non-profit agency, must balance her leadership and management skills to address staff turnover, workload issues, and communication problems. Steps such as open communication, providing necessary information and support, and prioritizing staff well-being can build staff confidence.

Laura can use her management skills to ensure that her managers have access to the necessary information and resources to properly allocate work to their staff. She can also use her leadership skills to improve communication with staff and create a more positive work environment.

A combination of both management and leadership skills would be ideal in this setting. To build staff confidence, Laura can implement measures such as regular feedback and recognition, providing training opportunities, involving staff in decision-making, and addressing their concerns and needs.

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--The given question is incomplete, the complete question is given

" Leadership and Management Case Study

Laura is the Associate Director of a non-profit agency that provides assistance to children and families. She is the head of a department that focuses on evaluating the skill-building programs the agency provides to families. She reports directly to the agency leadership. As a whole, the agency has been cautious in hiring this year because of increased competition for federal grant funding. However, they have also suffered high staff turnover. Two directors have left, as well as three key research staff, and one staff person from the finance department.

Laura has a demanding schedule that requires frequent travel; however, she supervises two managers, who in turn are responsible for five staff members each. Both managers have been appointed within the last six months.

Manager 1: Kelly has a specific background in research. She manages staff who provide research support to another department that delivers behavioral health services to youth. Kelly supports her staff and is very organized; however, she often takes a very black and white view of issues. Upper level leadership values Kelly’s latest research on the therapeutic division’s services. Kelly is very motivated, driven, and expects the same from her staff.

Manager 2: Linda has a strong background in social science research and evaluation. She manages staff that work on different projects within the agency. She is known as problem solver and is extremely supportive of her staff. She is very organized and has a wealth of experience in evaluation of family services. Linda is very capable and can sometimes take on too much.

The managers are sensing that staff are becoming over-worked as everyone takes on increased responsibilities due to high staff turnover. Staff have also mentioned that Laura’s “glass half-empty” conversation style leaves them feeling dejected. In addition, Laura has not shared budgets with her managers, so they are having difficulty appropriately allocating work to staff. Laura said she has not received sufficient information from the finance department to complete the budgets. The finance department said they have sent her all the information they have available.

As staff become distressed, the managers are becoming frustrated. They feel like they are unable to advocate for their staff or problem solve without key information like the departmental budget.

How can Laura most effectively use both management and leadership skills in her role as associate director? What combination of the two do you think would work best in this setting?

What steps could be taken to build staff confidence?"--

A competitive action can be one of two types, either __________ or __________.

Answers

Answer:

strategic, tactical

Explanation:

when monopolistically competitive firms realize losses in the short run, some firms will the industry, market shares and prices and eliminating losses for the remaining firms.

Answers

When monopolistically competitive firms realize losses in the short run, some firms will exit the industry, increasing market shares and prices while eliminating losses for the remaining firms.

What Is Monopolistic Competition?When several businesses provide comparable but inferior substitutes for one another's goods or services, monopolistic competition ensues. The barriers to entry are low in monopolistic competitive industries, and decisions made by one firm do not immediately affect those of its competitors.

What happens to a monopolistically competitive firm?Due to the fact that it does not produce at the minimum of its average cost curve or where P = MC, a monopolistically competitive firm is inefficient. As a result, a firm that is monopolistically competitive would typically produce less at a higher cost and charge more than a firm that is perfectly competitive.

When monopolistically competitive firms realize losses in the short run, some firms will exit the industry, increasing market shares and prices while eliminating losses for the remaining firms.

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QUESTION 10
A
is a system that satisfy customers' needs by transforming
lower-value inputs into high-value outputs.
business
church
financial institution
movie theater

Answers

Answer:

business

Explanation:

Business is a term that generally describes a firm, company, or individual's combined activities, or system that deal with the creation of commodities or services for the purpose of meeting the targeted consumers' demands.

In order to meet the targeted consumers' demands, businesses transform lower-value inputs into high-value outputs.

Hence, in this case, the correct answer is BUSINESS

A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment?

Answers

Answer:A survey conducted recently in China showed that in the last two years, Investments in the businesses increased by almost 75%. The same survey also concluded that people became wealthy by investing in businesses, and this motivated other people to invest more in their respective businesses. What most likely triggered this increases in investment? Incentives

Explanation:China’s State Council announced US$6.59 billion worth of tax cuts for businesses and investors, hoping to reduce the burden on small and micro-enterprises, encourage investors to continue lending, and ensure capital flow in the economy. These tax cuts were for example:On companies that have suspended production or business due to restructuring or cutting of overcapacity. They can have their real estate tax and land-use tax either reduced or exempted altogether.Investors in social security funds and basic pension funds can enjoy tax relief.Postal savings banks with large amounts of agriculture-related loans can pay a preferential value-added tax.Lenders to small and micro-enterprises can enjoy expanded value-added tax exemption on loans to such enterprises.Foreign institutions can exempt their corporate income tax and value-added tax on interest gains from onshore bond market investments.Also, to boost foreign investments, China would cut import tariffs on 1,585 taxable items, including machinery, textiles, paper products, and construction materials...

what are the key facts in jp morgan "london whale Scandal"?

Answers

The "London Whale" scandal highlighted the importance of robust risk controls and transparency in financial institutions, and it served as a wake-up call for the banking industry to reassess its risk management practices.

The "London Whale" scandal was a notable event involving JP Morgan Chase in 2012. The key facts are as follows:

Massive Trading Loss: The scandal originated from a complex derivatives trading strategy conducted by a trader named Bruno Iksil, nicknamed the "London Whale." The strategy led to substantial losses for JP Morgan Chase.

Synthetic Credit Portfolio: The losses were primarily linked to the Synthetic Credit Portfolio, a large and risky position within the bank's Chief Investment Office (CIO). This portfolio was designed to hedge the bank's overall credit exposure but became excessively large and difficult to manage.

Risk Management Failures: The incident exposed significant weaknesses in JP Morgan's risk management practices. The bank's internal controls and oversight mechanisms failed to detect and prevent the escalating losses until it was too late.

Financial Impact: JP Morgan initially reported losses of $2 billion, but the final tally exceeded $6 billion, making it one of the costliest trading scandals in history. The incident led to a decline in the bank's stock price and dented its reputation.

Regulatory Scrutiny and Reforms: The scandal prompted investigations by regulatory authorities, including the Securities and Exchange Commission (SEC) and the Federal Reserve. It also sparked debates about the need for stricter regulations and risk management reforms within the banking industry.

Overall, the "London Whale" scandal highlighted the importance of robust risk controls and transparency in financial institutions, and it served as a wake-up call for the banking industry to reassess its risk management practices.

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Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.

a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?

Answer the following questions on the basis of the monopolist's situation is illustrated in the following

Answers

The following answers are based on a monopoly economy.

The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.

What is a monopoly?

A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.

To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.

At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.

For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,

Total Cost   = Equilibrium Output * ATC (Average Total Cost)

= 7.5 * 100

= $750

To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.

Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)

= $1000 - $ 750

= $250

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