The offered statement is accurate: executive management does strategic planning for managing projects, just like it does for other types of planning.
Why is strategic planning essential? What is it?Strategic planning is a systematic process that aids in establishing goals for the future of your business and figuring out the best method for achieving them. Its main objective is to link those 3 key areas: your mission, which states the goal of your business. Goals should be used to describe your vision.
What is the first stage in a strategic plan?A mission statement provides a corporation with a feeling of direction and purpose and serves as the basis for strategic planning. The stated mission of the organization defines who it is, what it does, and where it intends to go. Typically, missions are wide yet doable.
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1 pts Your friend wants to make a bet with you, and he gives you two options. If you choose Option 1, you will have an 80 percent chance of winning $100, but a 20 percent chance of losing $100. If you choose Option 2, you are guaranteed to win $5. If you are like most people when it comes to making decisions, you would probably choose ________ because of ________. Group of answer choices Option 1; confirmation bias Option 2: anchoring Option 1; the availability heuristic Option 2: loss aversion
A person, similar to most other people, in the situation given above will choose confirmation bias because of the loss aversion.
What is confirmation bias?The general human tendency to decide or favor with a particular thing in such a way that there are no chances of losing, and it guarantees or confirms a benefit, is known as a confirmation bias.
Hence, options A-1; B-2 hold true regarding the confirmation bias in the given situation.
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Drag each tile to the correct box.
Arrange the steps in designing an ad campaign for an energy drink.
Answer: step 1: establish purpose as boosting recall by placing the product as a health drink.
Step 2: calculate expenses required to shoot a commercial endorsed by a celebrity.
Step 3: differentiate product as a healthy non-caffeinated stimulant.
Step 4: generate interest through online contests and promotions.
Step 5: conduct recall tests and analyze consumer feedback.
Explanation:if you are on Edmentum this is the answer.
The U.S. Fish and Wildlife Service helps protect endangered species.
t or f
It is true that the U.S. Fish and Wildlife Service helps protect endangered species.
What is service?A service refers to the act of providing assistance or performing work for someone else. This can take many different forms, including tangible goods like food or physical labor, or intangible services like consulting or counseling. Services can be provided by individuals, businesses, or governments, and can range from small-scale tasks to large-scale projects. In the modern economy, services are critical component of most industries. They can be used to help individuals or organizations solve problems, improve their efficiency, or achieve their goals. Service providers may charge a fee for their work, or they may be provided for free as part of a larger package. Overall, services are an essential part of the way we live and work, and they are likely to continue to play a key role in the global economy in the years to come.
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What is one thing that you wanted to achieve me to graduate college will complete your other post secondary training and education
It is basically to obtain a degree or complete a specialized training in a field of interest in order to add value to my desired goals.
What is the objective of graduating from college?The primary goal of graduating from college or completing post-secondary training is to acquire the knowledge, skills, and qualifications necessary for your desired career path. By obtaining a degree or relevant certifications, one can enhance one's job prospects, increase one's earning potential, and gain a deeper understanding of one's chosen field.
Additionally, post-secondary education often provides opportunities for personal growth, networking, and building a foundation for lifelong learning. It can broaden one's horizons, expose one to new ideas, and help one develop critical thinking, problem-solving, and communication skills.
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Which statement best describes the difference between an epidemic and a pandemic?
A pandemic lasts for a long time, and an epidemic lasts only a short period of time.
A pandemic involves many deaths, and an epidemic only involves sickness.
An epidemic is contained to a region, and a pandemic is global
An epidemic involves an illness where a pandemic involves an injury.
acupuncture, herbal medicine, and meditat
the Hippocratic Oath, the humoral theory, and meditation
bloodletting, plasters, and herbal medicine
Answer:
a pandemic involves many deaths , and an epidemic only involves sickness
Answer:
An epidemic is contained to a region and a pandemic is global.
The ___________________Party believes in individual freedom and that the only purpose of government is to protect this freedom.
Group of answer choices
Democratic
Socialist
Libertarian
Communist
Why do you think it is important to understand GDP?
When sport/event organizations seek sponsors who will exploit the sponsorship, what benefit are they seeking to gain?
Answer: they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding.
Explanation:
Exploiting of sponsorship would be described as allowing a sponsor to utilize every opportunity in the event to promote their brand.
When event organizers look out for sponsors who would handle their event and allow them explore it, it'll mean they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding. For them to allow a particular brand to exploit the event would mean that brand would virtually take care of all expenses for the event since it'll be the face the audience would see when they come to the event. It is a way of generating more income for events.
suppose an automobile cost $30,000 and has accumulated depreciation of $8,000. it is sold for $25,000 cash. what is the journal entry to record the sale of the automobile? answer unselected date accounts debit credit cash 25,000 loss on disposal 5,000 automobile 30,000 unselected
The journal entry to record the sale of the automobile To document the sale of this asset, you'll debit Cash for $25,000 and debit Accumulated Depreciation for $8,000 (to 0 the account). You might credit score Automobile for $30,000 (to 0 the account) and credit score the Gain on Disposal for $3,000.
Straight-line depreciation is a completely common, and the simplest, technique of calculating depreciation cost. In straight-line depreciation, the cost quantity is the equal each 12 months over the beneficial lifestyles of the asset.
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the achievement of financial aspirations that are desired, planned or attempted fnianacial goalsthis should be defined by _ and may include having and abundance of money, property, investments and other resources or
The best answer which can be given for the achievement of financial aspirations that are desired, planned or attempted and may include having and abundance of money and properties is known as:
Financial SuccessThis refers to the financial goals which a person has and is willing to execute so that he can become financially successful.
With this in mind, we can see that financial success has to do with the systems which are put in place that enables a person to become financially independent and to multiply his wealth.
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the cost estimation method that calls for a review of each account used to record costs is called the
The cost estimation method that calls for a review of each account used to record costs is called the account analysis method.
The account analysis approach is a method for cost estimating that necessitates an examination of each account used to record expenses. With this approach, each account that has been utilised to record expenses, such as materials, labour, and overhead, is carefully examined. This review's objective is to identify each account's costs and ascertain whether or not they are fixed or variable.
A corporation may better comprehend its overall cost structure and provide more accurate cost projections for upcoming projects or goods by breaking down each account individually.
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The cost estimation method that calls for a review of each account used to record costs is called the account analysis
The account analysis methodology is a cost-estimating strategy that requires an assessment of each expenditure account. With this method, each account used to record expenditures, such as materials, labor, and overhead, is thoroughly scrutinized. The goal of this evaluation is to identify each account's costs and determine whether they are fixed or variable.
By breaking down each account individually, a company may better understand its entire cost structure and give more accurate cost forecasts for prospective projects or commodities.
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Give further explanation and give 4 examples of the impact of
the government's action on the 12th malaysian plan towards
achieving macroeconomic goals?
Recall that the government strives to achieve four macroeconomic objectives: equilibrium in the balance of payments, strong economic growth, low unemployment, and low inflation. However, domestic, external, or a combination of both variables may prevent these objectives from being met. stable and long-term economic expansion.
Low inflation rates. Low unemployment rates. income distribution that is fair throughout a nation. A field of economics known as macroeconomics examines how an economy functions, is structured, behaves, and makes decisions as a whole. For instance, macroeconomics looks at how interest rates, taxes, and government expenditure can be used to control an economy's expansion and stability.
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help!
A way to establish a good credit record is to:
A) Borrow to the maximum individual credit limit
B) Pay bills when they are due
C. Use credit as little as possible or not at all
D) Use credit when income is unreliable
Explain why?
Answer:
B) Pay bills when they are due.
Explanation:
A loan can be defined as an amount of money that is being borrowed from a lender and it is expected to be paid back at an agreed date with interest.
Generally, the financial institution such as a bank lending out the sum of money usually requires that borrower provides a collateral which would be taken over in the event that the borrower defaults (fails) in the repayment of the loan.
A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.
This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender. A credit score ranging from 670 to 739 is considered to be a good credit score while a credit score of 740 to 799 is better and a credit score of 800 to 850 is considered to be excellent.
Generally, it's recommended that loans or bills are paid on a timely basis or as at when due in order to obtain a good credit score.
Hence, a way to establish a good credit record (score) is to pay bills when they are due.
Question 1 of 10
Which statement best illustrates an example of economic specialization?
A. An artist becomes an expert at designing websites for
restaurants,
B. An employee leaves a large corporation to start her own business.
C. A business owner only hires employees with a wide variety of
skills.
D. A country decides to stop importing goods from foreign
companies.
SUBME
Answer: the answer is a
Explanation:
Answer:
A country focuses on growing a specific type of crop for export instead of a wide variety of crops
Explanation: If you are on APEX it is right on the test 1.3.2
influences of Business environment,
Factors that Influence the business environment are :
Economic environmentSocial environmentTechnological environmentPolitical environmentLegal environment
The business environment means the total of all the individuals, and institutions that could affect the working of the business firm.
Importance of business environment:
Business environments help the firm to prepare itself for every possible obstruction or hindrance that can affect the functioning of the firm.It also helps the firm to adjust to frequent changes.The economic environment is all the things that create an economic impact on the firm.
The social environment is all the traditions and customs of the society that creates an impact on the firm.
The technological environment is all the impact on the firm caused due to new technology and upgradations.
The political environment is the conditions and behavior that the elected representatives hold toward the business
The legal environment is entirely based on the rules and legislation of the authorities.
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Consumers might not realize that Philadelphia cream cheese and Jell-O products are made by the same company—Kraft. Philadelphia cream cheese and Jell-O are known as
Answer:
Jello-O and Philadelphia cream cheese, both made by kraft, are known as substitute goods.
Substitute goods are those goods that involve a similar action, or that produce a similar benefit. In this case, both goods are use to be spread over pastry, meaning that a person could buy both, but this person could also buy either one of the two without losing much benefit.
Mary Alice has been asked to help develop an outline of procedures to be followed in the event of a major IT incident or an incident that directly impacts IT. What type of planning is this? a. Business impact analysis planning b. Disaster recovery planning c. IT contingency planning d. Risk IT planning
The type of planning which aims to an outline procedures to be followed in the event of a major IT incident is known as IT Contingency planning.
A contingency plan is part of an organization risk management and helps to respond to event that may happen and disrupt business operation.
The IT Contingency planning is a plan which aims to recover affected IT services following an emergency or system disruption.
So, when Mary develops an outline of procedures to be followed in the event of a major IT incident, the type of planning is known as IT Contingency planning.
Therefore, the option C is correct.
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what is one reason employers object to employees using personal smartphones for work?
One reason employers object to employees using personal smartphones for work is concerns about data security and confidentiality.
Employers often have valid concerns about data security and confidentiality when employees use personal smartphones for work-related tasks. Here are a few explanations to support this:
Data breaches: Personal smartphones may not have the same level of security measures and protocols as company-provided devices. This increases the risk of data breaches, unauthorized access, or loss of sensitive company information. Employers may worry about the potential consequences of confidential data falling into the wrong hands.
Lack of control: When employees use personal smartphones, employers have limited control over the device and the applications installed on it. They may be unable to enforce security policies, monitor usage, or implement necessary safeguards to protect company data. This lack of control can be a significant concern for employers.
Compliance with regulations: Depending on the industry and region, certain regulations and laws may require organizations to maintain strict control over data access and storage. Using personal smartphones for work-related tasks may make it difficult for employers to ensure compliance with these regulations, potentially leading to legal and regulatory consequences.
Separation of work and personal life: Mixing work and personal activities on the same device can blur boundaries and affect work-life balance. Employers may prefer to maintain a clear separation between work-related communications and personal use to foster productivity and employee well-being.
Employers object to employees using personal smartphones for work due to concerns about data security and confidentiality. The potential risks of data breaches, lack of control over the device, compliance issues, and work-life balance considerations are some of the reasons why employers may prefer to provide company-provided devices or establish specific policies regarding smartphone use for work-related tasks.
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We need to first make some adjustments to certain variables in Tableau and better understand the difference between Dimensions and Measures. Dimensions (shown as blue variable names) are normally attributes about certain transactions that can't be summed or otherwise quantified (e.g., dates, product numbers, invoice numbers, etc.). Measures (shown in green variable names), on the other hand, are normally the outcome variables we are most interested in (e.g., invoice total, quantity shipped, etc.). Sometimes, Tableau misclassifies these variables and we need to make changes before we can continue. In the shipping file, Tableau has classified Customer No. and Invoice No. as Measures instead of Dimensions. We need to set both of these as dimensions. - Right-click on Customer Number and press "Convert to Dimension." - Repeat the previous step for Invoice Number. What other "number" has been imported as a Measure instead of a Dimension? Please change it to a Measure Dimension using the instructions above. Multiple Choice a) Order Number. b) Product Number. c) Due Date Number. d) Order Date Number.
Tableau has misclassified Customer No., Invoice No., and Order Number as Measures instead of Dimensions. We need to convert all three of these variables to Dimensions.
What other variable has been incorrectly classified as a Measure in Tableau?In Tableau, Customer No., Invoice No., and Order Number have been mistakenly categorized as Measures instead of Dimensions.
To rectify this, we need to follow these steps for each variable: right-click on the variable name, and select "Convert to Dimension."
Additionally, another variable that has been imported as a Measure instead of a Dimension is the Order Date Number.
Understanding how to appropriately classify variables can enhance data analysis and visualization capabilities. Dimensions represent qualitative attributes, such as dates and product numbers, that cannot be quantified or summed.
Measures, on the other hand, are the quantitative outcome variables we are primarily interested in, like invoice total or quantity shipped. Properly identifying and categorizing variables is crucial for accurate data analysis and visualization in Tableau.
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2. Charles owns a small business. His fixed costs are 1500 dollars. His total cost to sell 12 items is 1860 dollars. He will sell his product for 60 dollars each. How many items should he sell to break even?
Charles needs to sell 50 items to break even. the total variable cost per item and then divide the fixed costs by the contribution margin per item.
To determine the number of items Charles should sell to break even, we need to calculate the total variable cost per item and then divide the fixed costs by the contribution margin per item.
The contribution margin per item is the difference between the selling price per item and the variable cost per item. In this case, the selling price per item is $60. To find the variable cost per item, we subtract the fixed costs and divide by the number of items sold:
Variable Cost per Item = (Total Cost - Fixed Costs) / Number of Items
Variable Cost per Item = ($1860 - $1500) / 12 = $360 / 12 = $30
The contribution margin per item is therefore $60 - $30 = $30.
To break even, Charles needs to cover the fixed costs of $1500. We can calculate the break-even point as follows:
Break-Even Point (in units) = Fixed Costs / Contribution Margin per Item
Break-Even Point = $1500 / $30 = 50 items
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Which type of chart or graph shows data with distinct x and y values?
O a bar graph
O a scatter plot
O a line chart
O a pie chart
Answer:
A. a bar graph is the answer
crane company buys merchandise on account from larkspur company. the selling price of the goods is $1,350 and the cost of the goods sold is $655. both companies use perpetual inventory systems.
Using the perpetual inventory system, Crane Company can maintain an accurate and up-to-date record of its inventory levels and the corresponding cost of goods sold.
In this transaction, Crane Company buys merchandise on account from Larkspur Company. The selling price of the goods is $1,350, and the cost of the goods sold is $655. Both companies use perpetual inventory systems.
A perpetual inventory system is a method of tracking inventory where the balance is continuously updated as purchases and sales occur. In this case, when Crane Company purchases merchandise on account from Larkspur Company, it records the transaction by debiting the inventory account and crediting the accounts payable account. This reflects the increase in the inventory and the liability owed to Larkspur Company.
The selling price of the goods is $1,350, which represents the revenue generated by Crane Company from selling the merchandise. The cost of goods sold is $655, which represents the expense incurred by Crane Company to acquire the goods from Larkspur Company. The cost of goods sold is calculated by subtracting the cost of inventory from the beginning balance of inventory plus any additional purchases made during the period.
This allows for more precise tracking of inventory and helps in making informed decisions regarding pricing, restocking, and overall inventory management.
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crane company buys merchandise on account from larkspur company. the selling price of the goods is $1,350 and the cost of the goods sold is $655. both companies use perpetual inventory systems.
What are some of the practical problems that limit the effective use of discretionary monetary and fiscal policy as stabilization tools? Check all that apply.
The impact lag
The recognition lag
The administrative lag
The inflation lag
Among these problems, the impact lag, recognition lag, administrative lag, and inflation lag are significant factors to consider. Therefore all the given options are correct.
The impact lag refers to the delay between the implementation of a policy action and its actual impact on the economy. When policymakers adjust monetary or fiscal policies to address economic fluctuations, it takes time for these measures to filter through the system and have an effect.
The recognition lag is another challenge associated with discretionary policy tools. It involves the time it takes for policymakers to identify that an economic problem exists and determine the appropriate policy response.
The administrative lag refers to the time required to implement and execute policy decisions once they are formulated. Government institutions, central banks, and other relevant authorities may need to go through bureaucratic processes, consultations, and legal frameworks before enacting policy changes.
Lastly, the inflation lag can present a challenge to discretionary monetary and fiscal policy as stabilization tools. When policymakers employ expansionary measures such as lowering interest rates or increasing government spending, there is a risk of generating inflationary pressures in the economy.
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What customers constitute the business market?
Answer:
The business market consists of four major categories of customers: producers, resellers, governments, and institutions. Producers-include profit-oriented organizations that use purchased goods and services to produce or incorporate into other products.
Explanation:
hope this helps
On January 1, 2020, Connaughton Corp. purchased land for $637,000. Land ordinarily does not depreciate, but Connaughton misclassified the land as machinery, and depreciated it over ten years with no residual value.
The error was discovered in 2027. The journal entry to correct the error will include a debit (enter as a positive number) or a credit (enter as a negative number) to retained earnings of
The company has been recording depreciation expenses, the retained earnings have been understated, and this entry will correct this error.
Explanation:Retained earnings are the accumulated profits of the business which have not been distributed to shareholders as dividends. These earnings represent the amount of profits retained by the business and reinvested in the business rather than being paid out as dividends.A mistake was made by Connaughton Corp when they classified land as machinery. Land does not depreciate as a result of it being a non-depreciable asset, but the company depreciated it over ten years with no residual value. The error was discovered in 2027.Therefore, the company needs to correct the error and correct the books of account. The journal entry will include a debit or a credit to retained earnings. Since the company has been recording depreciation expenses for the past ten years, it means that the retained earnings have been understated. Therefore, to correct this error, the retained earnings account will be credited. The amount to be credited will be equal to the cumulative amount of depreciation expenses recorded on the land. The depreciation expense was spread out over ten years, which is the useful life of machinery. Depreciation expense per year will be ($637,000 / 10) = $63,700.The total depreciation expense that was recorded over ten years will be (10 * $63,700) = $637,000.The journal entry to correct the error will be as follows:Dr. Land $637,000Cr. Retained earnings $637,000Therefore, the journal entry to correct the error will include a credit (enter as a negative number) of $637,000 to retained earnings. This entry will correct the books and the retained earnings will be restored to their correct value. The explanation of the journal entry is as follows:Debiting land by $637,000 will remove the value of the land from the books as it was not supposed to be classified as machinery in the first place.Crediting retained earnings by $637,000 will restore the value of the retained earnings to its correct value. Since the company has been recording depreciation expenses, the retained earnings have been understated, and this entry will correct this error.
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One benefit of a savings account is that you can earn interest on your deposits
O True
O False
Answer:
O True
Explanation:
A savings account offers a safe and secure platform for firms and households to save money. Savings accounts are offered by financial institutions such as banks and credit unions. When customers open savings accounts, they save by depositing money in their savings accounts.
Banks and credit unions require customer deposits to create loans for other customers. They encourage customers to save by offering interest on savings or deposits. It is true that banks pay interest on customer savings.
A text file is a file that is created with a text editor and contains only printable letters, numbers and symbols.
True
False
Answer:
true
Explanation:
true
The Consumer Financial Protection Bureau protects the interests of customers by ensuring that federal consumer-protection laws are enforced. True or False?
Answer:
true
Explanation:
The Consumer Financial Protection Bureau (CFPB) is a government agency that protects consumers' rights by:
enforcing consumer protection laws that prohibit financial institutions from practicing unfair, abusive, deceptive, predatory or discriminatory policies against its customers, e.g. redlining or charging higher interests based on race or gender.they get consumer complaints about unfair treatment from financial institutions and they investigate them.are a source of financial information about the services offered by financial institutions.are in charge of monitoring the activities of financial institutions and making sure that they do not affect consumers negatively.and others.Schedule of Cash Collections of Accounts Receivable Pet Supplies Inc. , a pet wholesale supplier, was organized on January 1. Projected sales for each of the first three months of operations are as follows: January $210,000 February 290,000 March 400,000 All sales are on account. 52% of sales are expected to be collected in the month of the sale, 43% in the month following the sale, and the remainder in the second month following the sale. Prepare a schedule indicating cash collections from sales for January, February, and March. Pet Supplies Inc. Schedule of Cash Collections from Sales For the Three Months Ending March 31 January February March January sales on account: Collected in January $fill in the blank 1 Collected in February $fill in the blank 2 Collected in March $fill in the blank 3 February sales on account: Collected in February fill in the blank 4 Collected in March fill in the blank 5 March sales on account: Collected in March fill in the blank 6 Total cash collected $fill in the blank 7 $fill in the blank 8 $fill in the blank 9
Pet Supplies Inc. Schedule of Cash Collections from Sales For the Three Months Ending March 31
January
Sales on account: $210,000
Collected in January (52%): $109,200 (fill in the blank 1)
Collected in February (43%): $90,300 (fill in the blank 2)
Collected in March (5%): $10,500 (fill in the blank 3)
February
Sales on account: $290,000
Collected in February (52%): $150,800 (fill in the blank 4)
Collected in March (43%): $124,700 (fill in the blank 5)
March
Sales on account: $400,000
Collected in March (95%): $380,000 (fill in the blank 6)
Total cash collected:
January: $209,000 (fill in the blank 7)
February: $275,500 (fill in the blank 8)
March: $380,000 (fill in the blank 9)
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Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?
When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies
What are the different types of pricing strategies?
There are 4 types of pricing strategies as follows :
Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.
Thus,
Pricing strategies information should be considered before introducing any changes in the price of the product.
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