Answer: A) need not disclose that fact to the clients
Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.
Lower inventory levels Group of answer choices make processes less dependent on each other while revealing bottlenecks more quickly make processes more dependent on each other while keeping bottlenecks hidden make process less dependent on each other while keeping bottlenecks hidden make processes more dependent on each other while revealing bottlenecks more quickly
Answer:
The correct answer will be "more dependent on each other while revealing bottlenecks more quickly".
Explanation:
Maintaining low inventory rates seems to be a common goal for businesses around logistics as well as inventory. Inventory needs supervision and is responsible for the costs.A traditional inventory manager could use the level of inventory including the sale of products and services to assess the best period whether to produce more, whether they control the manufacturing of a supplier, as well as to acquire more when the commodity is kept as stock in something like a department store.Drag and drop pricing approaches against the corresponding examples of the approaches.
1. Cost-oriented drop zone empty.
2. Competition-oriented drop zone empty.
3. Demand-oriented drop zone empty.
4. Profit-oriented drop zone empty.
Answer:
1. Cost - oriented => Economic or value added
2. Competition - Oriented => Price Penetration
3. Demand - Oriented => Price Skimming
4. Profit - Oriented => Premium pricing
Explanation:
Price penetration is a strategy in which low price is charged when the product is introduced in the market and then gradually the prices may rise. This strategy is best suited for competition oriented environment. Premium pricing is a strategy in which high prices are set for goods and then the same price level is maintained for the product. This is best for niche players in the business who capture around 80% of market share and those markets where the competition is near to none.
Nick manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash twice per month. On payday, he immediately goes out and buys all the goods he will need over the next two weeks in order to prevent the money in his wallet from losing value. What he can't spend, he converts into a more stable foreign currency for a steep fee. This is an example of the of inflation.
Answer:
Shoe leather cost
Explanation:
Inflation is a persistent rise in general price levels.
shoe leather cost is the cost incurred by people that do not want to hold cash in a period of high inflation so as to avoid paying inflation tax.
Nick's shoe leather costs includes buying goods immediately he is paid and converting the money he cant spend into foreign currency
On December 31, 2018, Gardner Company holds debt securities classified as HTM with a face amount of $100,000 and a carrying value of $95,000. The bonds have an effective interest rate of 6% and pay interest of $2,500 semi-annually on June 30 and December 31. The effective interest revenue recognized for the six months ended December 31, 2018 is:
Answer:
$2,850
Explanation:
Given the following :
Face value of security = $100,000
Carrying value = $95,000
Effective interest rate = 6%
Interest paid semianually = $2500
The effective interest revenue recognized for the six months ended December 31, 2018 is:
IF effective interest rate = 6%
Semiannual interest = 6% / 2 = 3%
Therefore effective interest revenue for six months will be the product of the carrying value and the interest rate within the six months period :
3% = 0.03
0.03 * $95,000 = $2,850
Home Appliance Corporation contracts with Instate Trucking Company to take a selection of appliance repair parts to Journey Airlines, Inc., with Journey to transport the goods to a KeepSafe Company warehouse. Instate Trucking, Journey Airlines, and KeepSafe each acknowledge possession of the goods by a document of title. Instate Trucking, Journey Airlines, and KeepSafe are
Answer: bailees.
Explanation:
Given: Home Appliance Corporation contracts with Instate Trucking Company to take a selection of appliance repair parts to Journey Airlines, Inc., with Journey to transport the goods to a KeepSafe Company warehouse which in terms known as Bailment which is a legal contract in law, where the owner(known as bailor) transfers physical possession of his property for a time to another party (known as bailees).
Here, Home Appliance Corporation is the bailor (Transfers possession of the goods to other party called bailee)
whereas Instate Trucking, Journey Airlines, and KeepSafe are bailees.
Suppose the government is concerned about firms in the United States importing illegal caviar. As a result, the government increases border patrols to catch illegal shipments. U.S. Customs agents perform DNA testing on the caviar to determine if it comes from endangered species of fish. If so, the government destroys the caviar.
What would we expect to observe in the caviar market?
Answer:
C
Explanation:
here are the options to this question
a. equilibrium prices and quantities will increase.
b. equilibrium prices will increase by more if the demand for caviar is elastic than if demand is inelastic.
c. total revenues to caviar firms will increase if the demand for caviar is inelastic.
d. all of the above are correct
As a result of the increased government scrutiny of caviar, the supply of caviar would fall and a result of this, prices would rise.
if prices rise and demand is inelastic, the total revenue of caviar firms would rise.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
As a result of the rise in price of caviar, there would be little or no change in quantity demanded and total revenue of these firms would rise
Smitty Museum purchased the copyright to a piece of artwork for $897,000. Smitty plans to reproduce 1.8 million posters of the artwork over a period of 12 years. Calculate the amortization for the year assuming the Museum plans to reproduce and sell 125,000 posters the first year.
Answer:
Annual amortization= $62,291.67
Explanation:
Giving the following information:
Purchase price= $897,000
Smitty plans to reproduce 1.8 million posters of the artwork for 12 years.
To calculate the amortization, we need to use the following formula:
Annual amortization= (original cost/total estimated production)*production for the year
Annual amortization= (897,000/1,800,000)*125,000
Annual amortization= $62,291.67
Employers generally restrict or monitor the Internet activity of their employees because the increased use raises the company's ISP rates significantly. True False 4 Although unethical, there are currently no laws in the U.S. for actions such as hacking and sharing copyrighted material. True False 5 Employees who engage in telecommuting may find themselves working more hours, especially if their supervisor feels as if they are always "on the clock." True False 6 Most experts recommend that companies monitor their employees secretly in order to prevent workers from circumventing the technologies used to track them. True False 7 Copyright protection lasts 20 years after the date of publication or release. True False 8 A web developer creates and maintains websites for organizations. True False 9 A _________ excels when it comes to installing, configuring, and supporting computer systems. network administrator software engineer database administrator computer support specialist 10 Creative works such as books, songs, and photographs are protected by copyright law. True False
Answer:
1. False.
2. False.
3. True.
4. False.
5. False.
6. True.
7. Computer support specialist.
8. True.
Explanation:
1. Employers generally restrict or monitor the Internet activity of their employees because the increased use raises the company's ISP rates significantly: False because it is considered unethical under certain employee rights.
2. Although unethical, there are currently no laws in the U.S. for actions such as hacking and sharing copyrighted material: False because there is a computer fraud and abuse act in existence.
3. Employees who engage in telecommuting may find themselves working more hours, especially if their supervisor feels as if they are always "on the clock.": True
4. Most experts recommend that companies monitor their employees secretly in order to prevent workers from circumventing the technologies used to track them: False because it is not ethical and violates the fundamental rights of the employees.
5. Copyright protection lasts 20 years after the date of publication or release: False because a copyright protection is 95 years from date of publication or release and 120 years from creation.
6. A web developer creates and maintains websites for organizations: True
7. A computer support specialist excels when it comes to installing, configuring, and supporting computer systems.
8. Creative works such as books, songs, and photographs are protected by copyright law: True
H2 O'Yeah has designed a water purification device that is drastically different and far superior to any product currently on the market. Although consumer response was positive to the idea of the new product, management wants to find out more before committing to full-scale production. The next step H2 O'Yeah's marketing department is likely to take is to:
Options :
(A) locate a low cost production site.
(B) seek a joint venture with a large competitors.(C) Test market the product among potential users.
(D) develop an advertising campaign to pursuade consumers of the value of the new water purifier system.
Answer: (C) Test market the product among potential users.
Explanation: In other to ascertain the superiority and quality of the purification device, it is important to embark on a tentative phase whereby the product is tested among a pool of potential users or customers, get there feedbacks, analyze before deciding to embark on a full scale production. This phase is required in other not to get carried away by positive feedbacks received after the purchase of a superior equipment. The actual testing of the output or level of water purity obtained from using this equipment from the consumer's standpoint is absolutely vital.
Jen is investing in a partnership with Lisa. Jen contributes equipment that originally cost $65,000, has accumulated depreciation of $20,000, thus giving it a book value of $45,000, and has a fair value of $52,000. The entry to record Jen’s initial contribution to the partnership includes a
Answer:
Debit to equipment for $52000
Explanation:
Based on the information given we were told that Jen had a fair value of the amount of $52,000. This means that the Journal entry to record the initial contribution to the partnership will tend to include a DEBIT TO EQUIPMENT FOR THE AMOUNT OF $52,000 which is the fair value amount.
Debit to equipment for $52,000
In practice, the cost minimization strategy can be more expensive than the opportunity maximization strategy. Which of the following is a way in which the cost minimization strategy is less expensive than the opportunity minimization strategy?
a. The loss of unexpected opportunities
b. The cost of extensive monitoring mechanisms
c. The costs of writing detailed contracts
d. The prevention of opportunistic behavior by the partner(s)
Explanation: the answer would be d
Answer the question on the basis of the following information. A farmer who has fixed amounts of land and capital finds that total product is 24 for the first worker hired; 32 when two workers are hired; 37 when three are hired; and 40 when four are hired. The farmer's product sells for $3 per unit and the wage rate is $13 per worker. Refer to the given information. The marginal revenue product of the second worker is:
Answer: $24
Explanation:
Given the following :
Total product for first worker hired = 24
Total product when two workers are hired = 32
Product price = $3 per unit
The marginal revenue product of a worker is equal to the product of the marginal product of labor (MPL) and the marginal revenue (MR) of output.
Marginal revenue product of second worker:
The marginal product of labor :
Change in output when additional labor is added
Therefore, change in product when worker increases from one to two workers ;
32 - 24 = 8 products
Marginal product of labor * product price
8 * $3 = $24
You're in the lunchroom at work one day, 3 weeks into the execution of a project you are managing, and your project sponsor approaches you to see if you can squeeze in another feature on his project. This is an example of...
Answer:
scope creep
Explanation:
Scope creep refers to the managing of the project with respect to the changes made in the scope of the project after starting of a project. it can arise when the scope of the project is not defined clearly that result in harmful
Therefore as per the situation, the project sponsor reached you with a motive whether you compressed another attribute in the project
So this example represent the scope creep
An insured will be allowed to reactivate her lapsed life insurance policy if action is taken within a certain period of time, and proof of insurability is provided. Which policy provision allows this?
Answer:
The policy provision which is usually inserted to allow for Life Insurance policies to be reactivated after it has lapsed is called the Reinstatement Provision.
Explanation:
The reinstatement provision usually permits the policyholder a certain limit of time after the policy has expired within which they must renew the policy by paying the required premium (which in this case may come with interest).
They must also provide evidence of insurability; that is, medical proof of good health. A Medical History Statement (MHS) would usually suffice as proof of insurability.
Cheers!
The Reinstatement Provision is part of the policy that is typically added to enable the reactivation of Life Insurance policies after they have expired.
An insurance policy clause known as a reinstatement clause specifies when coverage conditions are reset if an insured person or company files a claim because of prior loss or damage. Reinstatement provisions typically do not change the terms of a policy, but they do enable the insurance to resume providing coverage for future claims.
The reinstatement clause often gives the policyholder a certain amount of time after the policy has ended in which to renew it by paying the requisite premium (which in this case may include interest). Additionally, they must offer proof of insurability, such as a clean bill of health.
Learn more about the reinstatement provision here:
https://brainly.com/question/33590565
#SPJ6
The ________ stage of the new-product process assesses the total "business fit" of the proposed new product with the company's mission and objectives, from whether the product can be economically developed and manufactured to the marketing strategy needed to have it succeed in the marketpla
Answer:
Business analysis
Explanation:
The business analysis refers to the analysis of the business i.e whether the product is profitable or not it contains the attributes that the company want and the consumer wants. It should be done with the help of marketing strategy and research by their taste and preference. Is this product fits with the company mission and objectives or not
So the given situation represents the business analysis stage
Nola and Charles both own party planning firms in the small town of Trident, IA. Because they are the only party planners in town, they want to collude to make the price of party planning high. Classify the scenarios according to whether they are more likely to help or impede Nola and Charles colluding.
Helps collusion Impedes collusion
1. Charles develops a signature appetizer that becomes the must have in Trident
2. A party planning school opens and the new graduates are ready to plan!
3. Nola lowers her price on national television
4. Nola and Charles are regulars at the same coffee house. They talk regularly
5. Charles and Nola both charge a fixed per person price for a party
6. Nola's marginal cost is lower than Charles's.
7. Most of the parties are given by Trident's largest employer, a water bottling plant
Answer:
Nola and Charles Collusion at Trident, IA.
Helping or Impeding Scenarios:
Helping Scenarios:
4. Nola and Charles are regulars at the same coffee house. They talk regularly
5. Charles and Nola both charge a fixed per person price for a party
Impeding Scenarios:
1. Charles develops a signature appetizer that becomes the must have in Trident
2. A party planning school opens and the new graduates are ready to plan!
3. Nola lowers her price on national television
6. Nola's marginal cost is lower than Charles's.
7. Most of the parties are given by Trident's largest employer, a water bottling plant.
Explanation:
Nola and Charles can only enter a collusion agreement secretly because it is illegal. Since the agreement is secret, it is not enforceable in the court of law. The tendency for Nola and Charles to be entangled in the prisoner's dilemma is very high. It is also not possible for them to protect their collusion for very long because they have different cost bases and core competencies that derail collusion on a sustainable large scale. Graduates of party organization and other market participants, including the large firm that hosts most of the parties in the area will end the collusion before long.
Margot's team uses an online calendar that links everyone's schedule and helps the team efficiently plan meetings, track RSVPs, and share follow-up information with all attendees. This demonstrates the use of _______ to enhance communication. groupware information richness all-channel networking groupthink social networking
Answer:
groupware
Explanation:
Groupware refers to the application software that helps people to collaborate on common work and to achieve the targets. These applications help people working from distant places who join together to fulfill a common goal. Sharing calendars, emails, and electronic meetings are some of the services included in groupware.
In the above excerpt, the team of Margot is using the groupware to enhance communication among the team members by making the use of online calendar.
This table shows Lucas’s budget from last month. He also included his actual expenses after the month ended. Which of these changes should Lucas consider in next month’s budget? Check all that apply. less for income less for food more for discretionary spending more for income less for discretionary spending
Answer:
Less for income
Less for food
less for discretionary spending
Explanation:
Luca has prepared the budget for the month. He has included actual expenses in the budget to compare the budget with actual expenses. He has used flexed budgeting technique to incorporate his savings and expenses. He should keep less income, less for food and less for discretionary expenses in the new budget.
Answer:
A: less for income
B: less for food
E: less for discretionary spending
Explanation:
In his new budget he needs to do less for income, less for food, and less for discretionary spending. He needs less for income because in his budget it assumes he makes 400$ a month, however this month he made 375$. He needs to cut down on food an discretionary spending because he is spending too much for the amount he makes.
When supplies ordered for use in an activity accounted for in the General Fund of a government are received at an actual price which is less than the estimated price on the purchase order, the Encumbrance Control account is:
Answer: Credited for the original estimated price for the supplies.
Explanation:
The encumbrance account is a budgetary account and encumbrance refers to the funds that are restricted in an account and are typically reserved for a specific purpose.
When the supplies that are ordered for use in an activity accounted for in the General Fund of a government are received at an actual price which is less than the estimated price on the purchase order, the encumbrance control account will have to be credited using the original price that was estimated for the supplies.
On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the order to Designer Parts Company. Under the UETA, Carmela’s typed name qualifies as Group of answer choices
Answer:
A signature.
Explanation:
On behalf of Bobble Head Manufacturing Company, Carmela types her name at the bottom of an e-mail purchase order and submits the order to Designer Parts Company. Under the UETA, Carmela’s typed name qualifies as signature.
Assume that Fred and Paul sign a contract in which Fred agrees to paint Paul's house in exchange for $500. If Fred and Paul agree one week later that Paul will pay Fred's daughter, Emma, the $500 directly as a birthday gift and they notify Emma of this fact, then Emma is a. intended beneficiary. b. assignee. c. incidental beneficiary. d. a delegatee. e. a beneficiary.
Answer:
option c
Explanation:
In simple words, An incidental recipient refers to the third party benefiting from a deal with two certain parties, however it is never meant to support a third party. Accordingly, that third party has no legal protection underneath the deal in the agreement. Thus, from the above we can conclude that the correct option is C.
2) A firm sells two products. Product R sells for $20; its variable cost is $6. Product S sells for $50; its variable cost is $30. Product R accounts for 60 percent of the firm's sales, while S accounts for 40 percent. The firm's fixed costs are $4 million annually. Calculate the firm's break-even point in dollars.
Answer:
$6896551.7
Explanation:
Given the following :
Product R:
Selling price = $20
Variable cost = $6
Product S:
Selling price = $50
Variable cost = $30
Firm's fixed cost = $4, 000,000
Break-even point dollars = (Fixed cost /Contribution margin ratio)
Contribution margin : selling price - variable cost
Product R: $(20 - 6) = $14
Contribution margin ratio = ($14/$20) * 60% = 0.42
Product S: $(50 - 30) = $20
Contribution margin ratio = ($20/$50) * 40% = 0.16
Sum of contribution margin ratio for both products = (0.42 + 0.16) = 0.58
Break-even point dollars = (Fixed cost /sum of Contribution margin ratio)
= $4,000,000/0.58
= $6896551.7
Consider the example of an individual in a grocery store examining two cans of peaches, Alpha Peaches and Beta Peaches. If Alpha is thought to provide 10 units of pleasure per dollar and Beta is thought to provide 8 units per dollar, then Alpha should be chosen.
a) true
b) false
Answer:
True.
Explanation:
True, The given situation is true because the pleasure (utility) provided by Alpha is greater than the pleasure (utility) provided by the Beta. Therefore, a rational person will buy only that commodity which has a higher utility. Here, we can see the Alpha provides 10 units of utility or pleasure per dollar while Beta provides 8 units of utility or pleasure per dollars. So, only Alpha will be chosen.
Suppose that a firm operating in perfectly competitive market sells 300 units of output at a price of $3 each. Which of the following statements is correct? (i) Marginal revenue equals $3. (ii) Average revenue equals $3. (iii) Total revenue equals $900. a. (i) only b. (iii) only c. (i) and (ii) only d. (i), (ii), and (iii)
Answer:
d. (i), (ii), and (iii)
Explanation:
A perfect competition is characterised by many buyers and sellers of homogeneous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
Price = marginal revenue = average price
total revenue = price x quantity = $3 x 300 = $900
uncertainty avoidance (e.g., Greece, Portugal, and Uruguay) is associated with a need for structure, avoiding differences, and very formal business conduct governed by many rules, whereas a _______ uncertainty avoidance (e.g., Singapore, Jamaica, and Hong Kong) is characterized by an informal business culture, acceptance of risk, and more concern with long term strategy and performance than with daily events. A. Lower, higher B. Higher, lower C. Positive, negative D. Negative, positive
Answer:
B. Higher, lower
Explanation:
Uncertainty avoidance refers to how tolerant is the society in respect to ambiguity and unpredictable things. High uncertainty avoidance cultures don't like uncertainty and try to control this through laws and rules. Low uncertainty avoidance cultures feel comfortable with uncertainty and people tend to be tolerant to changes and have few rules.
According to that, the answer is that higher uncertainty avoidance (e.g., Greece, Portugal, and Uruguay) is associated with a need for structure, avoiding differences, and very formal business conduct governed by many rules, whereas a lower uncertainty avoidance (e.g., Singapore, Jamaica, and Hong Kong) is characterized by an informal business culture, acceptance of risk, and more concern with long term strategy and performance than with daily events.
Uniway Technologies Inc. has based its manufacturing units in the country of Lanthania. The country's stable economic and political environment has helped the firm gain competitive advantage by lowering its production costs and improving product quality. Other things being equal, the benefits realized from such a strategy can be typically referred to as _____.
Answer:
location economies
Explanation:
Location economics refers to the economics in which the firm is able to find the location for their goods and services. It reflects the utilization setting for company goods. Also the production of goods using the optimum setting brings the extra advantage over the rivals.
Therefore according to the given situation, if it gained competitive advantage via improving the quality of products at less production cost keeping other things constant, the benefit gained from this strategy refers to the location economics
2. Demand for Riana's product in the U.S. is inconsistent. When orders are slow, she sometimes needs to shut down production to help control inventory levels. One way Riana could improve her firm's situation is to
Answer:
One very feasible solution to Rianas business challenge is to explore and take advantage of other markets outside of the United States of America.
Explanation:
In other words, she needs to come up with a business strategy that includes exportation of her products.
The target market(s) must be carefully analyzed for ease of entry, competition, etc. She must be able to accurately distinguish her products in those markets.
When entering new terrains as an exporter, it is usually better to look for markets with higher:
Ease of entryEase of doing businessEase of communication etc.Desk research alone will not suffice. Riana must try to visit the country she is planning to expand into. Next, her pricing, product positioning etc must be flawless. It will help Riana to also seek help from a business growth consultant who knows the new terrain very well.
Cheers!
Jonathan is a blind widower whose home is valued at $110,000. He is homesteaded and under 65. His School taxes are 10.23 mils, his county taxes 6.789 mils, and his city taxes are 8.78 mils. What are his annual taxes?
Answer:
Jonathan's taxes depend on which state he lives in. Generally, widowers (male spouses who lost their wife while still married) are eligible for a homestead exemption, but the amount varies depending on the state.
For example, if Jonathan lives in Florida, the homestead exemption is up to the first $50,000, but in Texas it only includes the first $25,000.
Assuming that Jonathan lives in Florida, he can use his homestead exemption to reduce both his city and county taxes by $50,000:
city taxes = [($110,000 - $50,000) / $1,000] x 8.78 = $526.80county taxes = [($110,000 - $50,000) / $1,000] x 6.789 = $407.34the homestead exemption is reduced by half for school taxes:
school taxes = [($110,000 - $25,000) / $1,000] x 10.23 = $869.55total real estate taxes = $1,803.69
If actual output exceeds potential output, the economy: Multiple Choice is experiencing an inflationary gap. is in neither a short-run nor long-run equilibrium. is experiencing a recessionary gap.
Answer:
Is experiencing an inflationary gap.
Explanation:
An inflationary gap can be defined as a macroeconomic concept which measures the difference between the actual output (Real Domestic Products) and the potential output (Gross Domestic Products) when an economy is being operated at full employment.
Hence, if actual output exceeds potential output, the economy is experiencing an inflationary gap. This simply means that, the consumers are demanding more of the goods and services than the economy (business entities) can produce or provide at a specific period of time. Also, when an inflationary gap occurs in an economy, there would be an increase in the price of goods and services and thus, causing the economy to be out of equilibrium.
CompuTop Company sells toy laptop computers for $30 each. If the variable cost for each laptop is $20 and fixed costs total $25,000, how many laptops must CompuTop sell to generate a target income of $66,667?
Answer:
$9,166.70
Explanation:
The computation of the number of laptop need to sell is shown below:
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $30 - $20
= $10
And, the fixed cost is $25,000 + profit is $66,667
Now putting these values to the above formula
So, the number of laptops sells is
= ($25,000 + $66,667) ÷ ($10 per unit)
= $9,166.70