Employees, rivals, suppliers, customer needs, owner needs, government laws, market trends, technology changes, social considerations, and economic variables are a few examples of environmental elements affecting company.
What make up the internal and external business environments?Political, economic, societal, technical, environmental, and legal aspects are examples of external variables. There are external elements that affect the company's ability to conduct business while still having an influence. Employee morale, managerial changes, and culture shifts are examples of internal influences.
The business environment, which includes forces like customers, competitors, suppliers, the government, and the social, cultural, political, technological, and legal conditions, is the totality of all factors that are external to the business firm and have a significant impact on how well it operates.
To know more about external business environments, refer to:
https://brainly.com/question/16529690
#SPJ1
a. Is there a need for a CRM system at Global Bike Group? Discuss. (150-200 words) (5 Marks) b. CRM systems can be Strategic, Operational, or Tactical. Analyse the Use-cases for these at GBI. (250-300 words) (6 Marks) c. Identify and compare at least 3 specific CRM systems. Which of these would be most appropriate for GBI? Provide a justification for your selection. (3
Those who are unable to do so will be destroyed on Heaven's lathe. You've probably used the phrases "Bourgeois" and "Proletariat" cynically at some point.
What is the definition of destroyed?
Destroying means entirely destroying. To demolish is the inverse of to create or build. When you destroy something, you cause it to be destroyed; when you build something, you participate in its production. Soldiers are occasionally dispatched on missions to hunt and destroy during wartime. The Latin term destructionem, which means "a pulling down," is the source of the word destruction. When calamity comes, objects are hauled down, whether it's a home in the event of a natural disaster or a large display of canned soups in the case of a thoughtless customer.
Know more about probably Visit:
https://brainly.com/question/29381779
#SPJ1
You are saving for retirement over the next 38 years. Your starting salary will be $68,000. This will grow at 6.2% per year. Each year, you will save 12% of your salary in a stock account, and 3% of your salary in a bond account. The return of the stock account is expected to be 10%, the bond account will return 1.6% per year. When you retire, you will combine your money into an account that earns 3.4%. All interest rates are APR with monthly compounding. How much can you withdraw each month from your account assuming a 17-year withdrawal period.
Answer : The amount of money that can be withdrawn each month is $18,118.55.
The solution to the given problem is as follows. Firstly, find the future value of the savings and investment after 38 years. Here, the future value of the savings and investment after 38 years can be found using the formula: FV=P(1+r/n)^(n*t) where, P is the initial deposit, r is the interest rate, n is the number of times interest is compounded per year, and t is the number of years.
So, FV of the stock account after 38 years = $2,763,319.85 FV of the bond account after 38 years = $357,907.28 FV of the savings account after 38 years = $897,268.17 Second step is to calculate the total future value, i.e., total savings and investment after 38 years. Here, the total future value can be calculated by adding up the future value of each account: Total future value after 38 years = $2,763,319.85 + $357,907.28 + $897,268.17 = $4,018,495.30.
The third step is to calculate the amount of money that can be withdrawn each month. Here, the amount of money that can be withdrawn each month can be found using the formula: PMT = (PV*r) / (1-(1+r)^-n) where, PV is the present value, r is the interest rate, and n is the number of payments. Here, PMT = (PV*r) / (1-(1+r)^-n) = ($4,018,495.30 * 0.034) / (1-(1+0.034)^-204) = $18,118.55 per month.
Therefore, the amount of money that can be withdrawn each month is $18,118.55.
Know more about future value here:
https://brainly.com/question/30787954
#SPJ11
which of the following occurs as investment becomes more responsive to changes in the interest rate? responses monetary policy becomes more effective at changing real gross domestic product. monetary policy becomes more effective at changing real gross domestic product. fiscal policy becomes more effective at changing real gross domestic product. fiscal policy becomes more effective at changing real gross domestic product. monetary policy becomes more effective at changing interest rates. monetary policy becomes more effective at changing interest rates. fiscal policy becomes more effective at changing interest rates. fiscal policy becomes more effective at changing interest rates. there is no change in the effectiveness of either monetary or fiscal policy.
The following that occurs as Investment becomes more responsive to changes in the interest rate is monetary policy becomes more effective at changing real gross domestic product. The correct option is b.
A nation's overall money supply is managed by monetary policy, which also aims to promote economic growth. Interest rate changes and adjustments to bank reserve requirements are examples of monetary policy strategies. It is usual to categorise monetary policy as either expansionary or restrictive.
The Federal Reserve frequently employs the discount rate, open market operations, and reserve requirements as its three primary monetary policy tools. Depending on how much the economy is growing or stagnating, monetary policies are viewed as either expansionary or contractionary.
Learn more about monetary policy, here:
https://brainly.com/question/32175013
#SPJ12
aslan inc. is a new company and it is experiencing rapid growth. dividends are expected to grow at 32% per year during the next three years, 20% over the following year, and then 8% per year indefinitely. the market return for assets as risky as this stock is 13%, and the stock currently sells for $65 per share. what is the projected dividend for the coming year?
The market return for assets as risky as this stock is 13%, and the stock currently sells for $65 per share. The projected dividend for the coming year is $2.04. The dividend is calculated as follows:
Dividend for the coming year = Dividend for the previous year × (1 + growth rate)
where, Dividend for the previous year = $0 (as it is the first year)
Growth rate = 32% = 0.32 (for the first 3 years), 20% = 0.20 (for the fourth year),
and 8% = 0.08 (indefinitely)
The projected dividend for the coming year is:$2.04
Therefore, the projected dividend for the coming year is $2.04.
to know more about Growth rate refer here:
https://brainly.com/question/29334875#
#SPJ11
FILL IN THE BLANK. CL Inc., a manufacturer of maternity clothes for businesswomen, wishes to launch a new advertising campaign. In order to obtain a better idea about the clothes worn by pregnant women, the creative team visits obstetrician's offices and maternity shops at the mall to gain some information. These visits are most likely a part of the _____ step of the creative process as outlined by Graham Wallas.
CL Inc., a manufacturer of maternity clothes for businesswomen, wishes to launch a new advertising campaign. In order to obtain a better idea about the clothes worn by pregnant women, the creative team visits obstetrician's offices and maternity shops at the mall to gain some information. These visits are most likely a part of the preparation step of the creative process as outlined by Graham Wallas.
According to Wallas, the creative process consists of four main steps: preparation, incubation, illumination, and verification.
The preparation step involves gathering information and conducting research to gain a better understanding of the problem or task at hand. In this case, the creative team is visiting obstetrician's offices and maternity shops to gain a better understanding of the clothes worn by pregnant women. This will help them to create a more effective advertising campaign for CL Inc.'s maternity clothes for businesswomen.
Therefore, the correct answer to fill in the blank is preparation according to the creative process as outlined by Graham Wallas.
Know more about creative process here:
https://brainly.com/question/28178505
#SPJ11
an adviser that charges a performance fee to clients must disclose that such a fee arrangement: a will give the adviser increased compensation based on realized and unrealized appreciation of the customer's securities b better aligns the customer's interests with those of the investment adviser c is only permitted if the customer signs a liability waiver in the advisory contract d negates the fiduciary duty that the adviser has to the customer
An adviser that charges a performance fee to clients must disclose that such a fee arrangement will give the adviser increased compensation based on realized and unrealized appreciation of the customer's securities. Therefore, option A is correct.
A performance fee is a form of compensation that an investment manager gets as a portion of investment returns generated for a client, usually only when a certain high-water mark or hurdle rate is achieved. It's also known as an incentive fee. A hurdle rate is a minimum threshold that a manager must meet before earning a performance fee.
Advisers must disclose that such a fee arrangement will give the adviser increased compensation based on realized and unrealized appreciation of the customer's securities. Investment advisers that charge customers a performance fee must provide specific disclosure to clients as per the US Securities and Exchange Commission (SEC) requirements.
Clients must be informed about how the performance fee works, how it differs from a typical asset-based advisory fee, and the potential costs to the client as a result of the performance fee's structure.
Hence, option A is the correct answer.
Learn more about "Performance fee"; https://brainly.com/question/29510410
#SPJ11
Assume the following information:
Probability of failure consequences of failure
Maturity = .3 cost = .1
Complexity = .3 schedule = .7
Dependency = .5 performance = .5
Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why? Assume the following information for an it project:
Maturity = .7 cost = .9
Complexity = .7 schedule = .7
Dependency = .5 perfomance = .3
Client concerns = .5 future business = .5
Programmer skill = .3
Calculate the overall risk factor for this project. Would you assess this level of risk as low, moderate, or high? Why?
Overall risk factor: In order to calculate the overall risk factor for a project, you must first add the scores for each category.
Here, each score is out of 10, but you can use any scale you choose, such as 100, as long as the scale is consistent across all categories. The scores for each category are: Probability of failure: Maturity = 0.3, Complexity = 0.3, Dependency = 0.5 = 1.1Consequences of failure: Cost = 0.1, Schedule = 0.7, Performance = 0.5 = 1.3The overall risk factor is the product of the probability of failure and the consequences of failure, divided by the sum of the two. In this case: Overall risk factor = (1.1 x 1.3) / (1.1 + 1.3) = 0.57, which can be rounded up to 0.6.Therefore, the risk level is moderate for this project. This is because the overall risk factor falls between 0.5 and 0.7, which is considered moderate risk.
Read more about risk management here:https://brainly.com/question/13760012
#SPJ11
Identify the four elements of entrepreneurship, and how they come together and support each other over time. Identify the four elements of entrepreneurship, and how they come together and support each other over time.
The four elements of entrepreneurship are opportunity, resources, skills and motivation.
Opportunity: Entrepreneurs identify and capitalize on opportunities in the market. They have the ability to recognize gaps in the market, develop innovative solutions to fill them, and create value for their customers.Resources: Entrepreneurs need resources such as funding, technology, infrastructure, and human capital to turn their ideas into successful ventures. They often leverage their networks and relationships to gain access to these resources.Skills: Entrepreneurs require a combination of technical and soft skills to build and grow their businesses. Technical skills may include product development, marketing, finance, and operations, while soft skills may include leadership, communication, and problem-solving.Motivation: Entrepreneurs are highly motivated individuals who have a strong desire to succeed. They are driven by a passion for their idea or product and are willing to take risks to achieve their goals.These four elements are interconnected and support each other over time. For example, entrepreneurs need skills to identify and evaluate opportunities, as well as the motivation to pursue them.
With the right resources, they can turn their ideas into successful ventures, which in turn provides more opportunities for growth and development. As they develop new skills and gain experience, they are better able to identify and capitalize on new opportunities, and the cycle continues.
Ultimately, successful entrepreneurs are able to create value for themselves, their customers, and society as a whole by leveraging these four elements in a dynamic and synergistic way.
Learn more about dynamic and synergistic way.
https://brainly.com/question/2975312
#SPJ11
Agnes earns $25,000 as salary. His deductions include a tax of $3,400 and medical expenses of $1,250. He also receives a travel allowance of $1,050. What will be his net pay?
As a result of the computation, Agnes' net compensation is $21,400.
What exactly is a travel allowance?A travel allowance is a payment made by an employer to an employee to cover the costs associated with traveling for work purposes. It is a reimbursement or an advance payment for expenses such as transportation, lodging, meals, and other incidental expenses that the employee may incur while traveling for business.
To calculate Agnes's net pay, we need to subtract his deductions from his gross pay (salary + allowances):
Gross pay = salary + allowances
Gross pay = $25,000 + $1,050
Gross pay = $26,050
Deductions = tax + medical expenses
Deductions = $3,400 + $1,250
Deductions = $4,650
Net pay = gross pay - deductions
Net pay = $26,050 - $4,650
Net pay = $21,400
Therefore, Agnes's net pay is $21,400.
To learn more about travel allowance, click
https://brainly.com/question/30187846
#SPJ1
Does IFRS override Conceptual Framework?
The International Financial Reporting Standards (IFRS) do not override the Conceptual Framework.
The International Accounting Standards Board (IASB) developed the Conceptual Framework as a reference guide for the development and interpretation of the International Financial Reporting Standards (IFRS).The Conceptual Framework is a guide that outlines the fundamental concepts of financial accounting, such as the objective of financial reporting, the qualitative characteristics of useful financial information, and the elements of financial statements. It also establishes the concepts that underpin the preparation and presentation of financial statements.
The Conceptual Framework is not a standard. It is a reference guide that provides the necessary concepts, definitions, and requirements to ensure that financial statements are reliable, transparent, and comparable. Therefore, IFRS does not override the Conceptual Framework, but rather uses it as a basis for the development of the standards.
Learn more about IFRS at:
https://brainly.com/question/30637129
#SPJ11
When computing WACC, you should use the: pretax cost of debt because it is the actual rate the firm is paying bondholders. Current yield because it is based on the current market price of debt. Pretax cost of debt because most corporations pay taxes at the same tax rate. Pretax yield to maturity because it considers the current market price of debt. Aftertax cost of debt because interest is tax deductible
In the following question, among the given options, When computing WACC, you should use the (E.)-" Aftertax cost of debt because interest is tax deductible"
When computing the Weighted Average Cost of Capital (WACC), it is appropriate to use the after-tax cost of debt because interest payments are tax-deductible. This means that the effective cost of borrowing is reduced by the tax savings. Therefore, the after-tax cost of debt reflects the true cost of borrowing to the firm.
The formula for calculating WACC is:
WACC = (E/V) * Re + (D/V) * Rd * (1 - Tc)
Where:
E = market value of the firm's equity
D = market value of the firm's debt
V = total market value of the firm (E + D)
Re = cost of equity
Rd = after-tax cost of debt
Tc = corporate tax rate
Therefore, in order to calculate the WACC accurately, it is important to use the after-tax cost of debt.
For more such questions on WACC Calculation
https://brainly.com/question/25566972
#SPJ4
With an example of a business of your choice explain its growth
from conception to decline (20Marks)
One example of a business that has experienced growth from conception to decline is Blockbuster Video. Blockbuster was founded in 1985 and quickly grew to become the world's largest video rental chain. However, the rise of digital streaming and video-on-demand services eventually led to Blockbuster's decline and bankruptcy in 2010.
We proceed to explain the different stages experienced by the company Blockbuster Video:
Conception and Early Growth: Blockbuster was founded in Dallas, Texas in 1985 by David Cook and John Melk. At the time, the video rental industry was still in its infancy, but Blockbuster's innovative business model - which focused on offering a large selection of popular titles and charging late fees - quickly caught on.Peak Growth: By the mid-1990s, Blockbuster had become the dominant player in the video rental industry, with more than 3,000 stores and a market share of over 50%. The company continued to innovate and expand, introducing new services such as online rentals and in-store kiosks. Decline: The rise of digital streaming and video-on-demand services in the late 2000s posed a significant threat to Blockbuster's business model. Blockbuster attempted to adapt by launching its own online rental service and partnering with satellite TV provider Dish Network, but these efforts were too little, too late. By 2010, Blockbuster had filed for bankruptcy.See more about business at https://brainly.com/question/29689392.
#SPJ11
Mersey Chemicals manufactures polypropylene that it ships to its customers via tank car. Currently, it plans to add two additional tank cars to its fleet four years from now. However, a proposed plant expansion will require Mersey’s transport division to add these two additional tank cars in 3 years’ time rather than in 4 years. The current cost of a tank car is $1.9 million, and this cost is expected to remain constant. Also, while tank cars will last indefinitely, they will be depreciated straight-line over a five-year life for tax purposes. Suppose Mersey’s tax rate is 40%. When evaluating the proposed expansion, what incremental free cash flows should be included to account for the need to accelerate the purchase of the tank cars.***Round 2 decimal placesIncremental FCF for year 0 =Incremental FCF for year 1=For year 2=For year 3=Year 4=Year 5=Year 6=Year 7=Year 8=Year 9=
Incremental cash flow is the extra working income that an association gets from taking on another venture. the incremental free cash flows are -$1,748,000 in year 3 and $152,000 in years 4-5.
To calculate the incremental free cash flows, we need to compare the cash flows with and without the proposed plant expansion. The relevant cash flows are:
Initial cash outflow: Mersey Chemicals will need to purchase the two additional tank cars in 3 years rather than in 4 years. This will result in an additional cash outflow of $1.9 million/(5 years) = $380,000 per year, starting in year 3.
Tax savings: Depreciating the tank cars over a 5-year life for tax purposes will generate a tax shield. The annual tax savings will be equal to the depreciation expense multiplied by the tax rate. The depreciation expense is $1.9 million / 5 years = $380,000 per year. Therefore, the annual tax savings will be $380,000 * 40% = $152,000 per year, starting in year 3.
The incremental free cash flows will be the difference between the cash flows with and without the proposed plant expansion, which is:
Year 3: -$1,900,000 initial cash outflow + $152,000 tax savings = -$1,748,000
Years 4-5: $152,000 tax savings
Therefore, the incremental free cash flows are -$1,748,000 in year 3 and $152,000 in years 4-5.
Know more about Incremental cash flow - https://brainly.com/question/29899235
#SPJ1
Nike in one of its operation has recently noted increase in costs and therefore have been aiming towards improving efficiency. The operation manager Cedric Masuku is interested in determining the productivity of his organization and would like to know if his organisation is maintaining the manufacturing average of 3% increase in single and multi-factor productivity. Compile a report highlighting if this is being achieved, use the the relevant calculations. He has the following data representing a month from last year and equivalent month this year
Last now
units produced 2000 2000
Labour (Hours 300 275
Resin (Kilograms) 50 45
Capital invested (rands) R10000 R10000
Energy (watts) 3000 2850
The costs have been determined to be as follows
Labour R10 per hour
Resin R5 per Kilogram
Capital 1% per month of investment
Energy R0.50 per watt
Based on the calculations above, the organization is achieving a single factor productivity increase of 6%, which is above the manufacturing average of 3%.
What is productivity ?Productivity is the measure of an individual or organization's efficiency in converting inputs into outputs. It is typically measured in terms of the rate of output per unit of input, such as output per hour or output per worker. Productivity can also be measured in terms of the quality of output, such as the number of defects per unit of output.
Calculations=Single factor productivity-Last Year: 2000 units / 300 hours = 6.67 units per hour,This Year: 2000 units / 275 hours = 7.27 units per hour,Increase in single factor productivity = 7.27-6.67 = 0.6 or 6%.Multi-factor productivity-Last Year: 2000 units / (300 hours * 50 kg * R10 * 3000 watts * (1+R0.50)) = 0.0010,Increase in multi-factor productivity = 0.0011-0.0010 = 0.0001 or 1%
To learn more about productivity
https://brainly.com/question/1151291
#SPJ1
A company offers low-volume, custom-made furniture. Which process strategy is best suited for its operations?
A. high quality B. mass customization C. product focus D. process focus
The method used by a company to convert resources into products and services is called its process strategy. Processes form the basis of intermittent processes.
What role does process strategy play in operation management from a strategic standpoint?The advantages comprise: Enhanced Efficiency – Your staff will work more effectively and efficiently if you have a sound process plan in place. Everything from product development to service delivery runs smoothly when processes are well-defined.
What does operations management's process focus strategy entail?An organization's method of converting resources into products and services is known as a process strategy. The goal is to develop a process that can provide products that satisfy client needs while staying within budgetary and other managerial restraints.
To know more about custom-made furniture visit:-
https://brainly.com/question/30807317
#SPJ1
How do government regulations affect supply and demand? In a paragraph, explain how a government regulation to increase bicycle safety might affect supply and demand. The new government regulation requires bicycle manufacturers to put a chain guard on the bicycles they make. Would that affect the supply of bicycles? Give reasons for your answer.
First off, the new legislation would require money from bicycle makers for research and development, a redesign of their production process, and implementation. This might raise their prices.
How do government policies impact supply and demand?Demand is mostly affected by economic regulations like the GST and excise charge. If taxes are high, the cost of that product will also be high, which will result in a decrease in demand as a result of the price increase, and vice versa.
How can the government boost demand?The government may create demand by decreasing taxes and increasing spending. Lower income taxes will increase disposable income and encourage spending. More government spending will stimulate the economy and bring about job growth.
To know more about legislation visit:-
https://brainly.com/question/29804648
#SPJ1
Superior has provided the following information for its recent year of operation:
The contributed capital account balance at the beginning of the year was $20,000 and it increased $7,500 during the year. The retained earnings balance at the beginning of the year was $75,000 and the year-end balance was $91,000. Net income was $26,000.
How much were Superior's dividend declarations during its recent year of operation?
Superior's dividend declarations during its recent year of operation were $9,500. Dividend declarations, also known as dividend announcements, are the formal declaration of a company's dividend policy, including how much the corporation would pay out to its stockholders, how often the payouts would be made, and what the payout conditions would be.
The following information is provided by Superior:The contributed capital account balance at the beginning of the year was $20,000 and it increased $7,500 during the year.The retained earnings balance at the beginning of the year was $75,000 and the year-end balance was $91,000.
Net income was $26,000.Calculating Dividend DeclarationsDividend declarations are calculated by taking the firm's retained earnings at the beginning of the period and adding net income to them. The company then subtracts the increase in contributed capital during the year to determine the total earnings available for dividends.
Subtract the total earnings available for dividends from the year-end retained earnings balance to find the dividends paid to stockholders. Thus, dividends paid to shareholders for the year were $9,500, which is calculated as follows:$75,000 + $26,000 – $7,500 = $93,500. Dividends = $93,500 - $91,000 = $9,500.
To know more about Net income refer to-
brainly.com/question/15570931#
#SPJ11
When you retire you want to have enough money in your retirement account to generate an annual income of $100,000 per year and you expect to live for 15 years after you retire. You won’t be able to put any more into the account after you retire. If the annual rate of return you expect to earn on the balance in the account is 10 percent, how much will you need to have at the time you retire?
Suppose you are getting a loan from a bank to purchase a feed business. The interest rate on the loan is 8 percent, the amount of the loan is $1,000,000. The loan is for 15 years. The bank is charging you $80,000 for the loan in cash on the day of closing, what is the APR?
Calculate the annual payment of a $65,000 tractor on a five year note given a 8 percent interest rate compounded annually.
Given the problem above calculate the amortization schedule for the loan for all five years.
Year Beginning Bal. Payment Principal Interest Ending Balance
1
2
3
4
5
Given Problem 3 above, what would the payoff (remaining balance) be after three years with an 8 percent interest rate on the loan?
In response to the first question, in order to generate an annual income of $100,000 per year for 15 years after you retire, you would need to have a balance of $2,152,994.08 in your retirement account at the time of retirement. This can be calculated by using the formula: A = P * (1 + r/n)^nt, where A is the future value, P is the principal amount, r is the annual rate of return, and n is the number of times the rate of return is compounded each year.
In response to the second question, the APR (Annual Percentage Rate) of the loan is 8.895%. This can be calculated using the formula APR = [r(1 + r)^n]/[(1 + r)^n - 1] * 12, where r is the interest rate, and n is the number of periods in a year.
In response to the third question, the annual payment of the $65,000 tractor on a five year note given an 8 percent interest rate compounded annually would be $13,481.41. This can be calculated using the formula A = P * [r(1 + r)^n]/[(1 + r)^n - 1], where A is the annual payment, P is the principal amount, r is the interest rate, and n is the number of periods in a year.
In response to the fourth question, the amortization schedule for the loan for all five years would be as follows:
Year Beginning Bal. Payment Principal Interest Ending Balance
1 $65,000 $1,106.76 $906.76 $2,093.25 $63,893.25
2 $63,893.25 $1,106.76 $905.37 $2,091.39 $62,787.88
3 $62,787.88 $1,106.76 $903.49 $2,089.27 $61,678.61
4 $61,678.61 $1,106.76 $901.21 $2,086.95 $60,565.66
5 $60,565.66 $1,106.76 $898.55 $2,084.50 $59,449.16
In response to the fifth question, the payoff (remaining balance) after three years with an 8 percent interest rate on the loan would be $62,787.88. This can be calculated by subtracting the principal amount paid in the first three years from the principal amount of the loan.
To know more about annual rate of return refer here:
https://brainly.com/question/1299953#
#SPJ11
QUESTION 22Selecting, the time, date and location of your campaign is a(n) …ObjectiveStrategyTactic1 pointsQUESTION 23LIDL, (an established German furniture retailer like IKEA) is planning to launch its first flag ship store in North York in 2021. Their target audience are Urban Millennials with a House Hold Income of $50,000+, who own or rent an apartment or condominium. As LIDL’s marketing manager, your most effective strategy would be to …Broadcast a 30 second commercial TV spot on Hockey Night in CanadaPurchase a database of potential urban millennials customers living in North York and then direct mail them a store catalogue which highlights their products.Purchase a full page ad in the National edition of the Globe and MailBuy 30 second TV ads on HGTV’s popular show the Property Brothers1 points
Selecting the time, date, and location of your campaign is a tactic. LIDL's most effective strategy would be to purchase a database of potential urban millennials customers living in North York and then direct mail them a store catalog, which highlights their products.
Explanation: The HTML formatted question states that selecting the time, date, and location of a campaign is a tactic. Tactics are used to make a marketing strategy more effective. Tactics are the actions that are taken to achieve the objectives of a marketing strategy.
For the second question, LIDL's marketing manager's most effective strategy would be to purchase a database of potential urban millennials customers living in North York and then direct mail them a store catalog, which highlights their products.
This is because LIDL is launching its first flagship store in North York in 2021, and it aims to attract urban millennials who own or rent an apartment or condominium and have a household income of $50,000+.
Thus, this would be an effective way of targeting the audience and providing them with the catalog so that they can easily find what they are looking for.
To learn more about database, refer below:
https://brainly.com/question/30634903
#SPJ11
Muskoge Company uses a process-costing system. The company manufactures a product that is
processed in two departments: Molding and Assembly. In the Molding Department, direct materials
are added at the beginning of the process; in the Assembly Department, additional direct
materials are added at the end of the process. In both departments, conversion costs are incurred
uniformly throughout the process. As work is completed, it is transferred out. The following
table summarizes the production activity and costs for February:
Beginning inventories for Molding; Assembly (first number for molding second number for assembly)
Physical units 10,000;8,000
Costs:
Transferred in � ;$ 45,200
Direct materials $ 22,000; �
Conversion costs $ 13,800 ;$ 16,800
Current production:
Units started 25,000 ; ?
Units transferred out 30,000 ; 35,000
Costs:
Transferred in � ; ?
Direct materials $ 56,250 ; $ 39,550
Conversion costs $103,500 $136,500
Percentage of completion:
Beginning inventory 40% ; 50%
Ending inventory 80 ; 50
Required:
1. Using the weighted average method, prepare the following for the Molding Department:
a. A physical flow schedule
b. An equivalent units calculation
c. Calculation of unit costs. Round to four decimal places.
d. Cost of ending work in process and cost of goods transferred out
e. A cost reconciliation
2. Prepare journal entries that show the flow of manufacturing costs for the Molding Department.
Materials are added at the beginning of the process.
3. Repeat Requirements 1 and 2 for the Assembly Department.
Key production process parameters, finished items count, quality concerns, speed, downtime, and other information are all included in good production reports. The tables with the production report and journal entries of are the Molding Department are attached below:
What is a production report?An accurate, thorough explanation of the production statistics for a manufacturing organization is given to management and staff in a production report. As a result, it is possible to base business decisions on facts, such as comprehensive data on the products, production rates, and efficiency.
It enables businesses to monitor their output in terms of production and pinpoint areas for improvement. Also, it enables businesses to keep tabs on how they're doing in relation to their objectives and spot any production-related bottlenecks that might exist. Managers and staff will be able to quickly detect possible issues and devise remedies with the aid of an effective report.
To learn more about journal entry, visit:
https://brainly.com/question/3731688
#SPJ1
Economies of scale mean that firms can be so large they can ___ and limit competition.
A) have better marketing campaigns
B) produce at a higher cost
C) produce at a lower cost
D) get major exemptions from the government
The correct option is D. Economies of scale mean that firms can be so large they can get major exemptions from the government and limit competition.
Due to production efficiency, businesses achieve economies of scale, which are cost advantages. For businesses to attain economies of scale, production must increase and costs must decrease. This occurs as a result of the cost being spread across a wider variety of goods. The existence of both variable and fixed costs is plausible.
Businesses profit financially from economies of scale as production is becoming more productive since expenses can be spread across a greater variety of products.
Size affects a company's ability to take advantage of economies of scale; larger companies will create more products while preserving more money. Economies of scale might be internal or external. Internal economies are influenced by circumstances within a certain firm, whereas external reasons have had an effect on every industry.
To learn more about Economies of Scale, click here:
https://brainly.com/question/15605103
#SPJ4
Consider a country in which capital per hour of work from 1950 to 1973 grew by 3 percent per year and output per hour of work grew by about 3 percent per year. Suppose that from 1973 to 1991, capital per hour of work did not grow at all and output per hour of work grew by about 1 percent per year. How much of the slowdown in productivity (output per hour of work) growth was due to technological change
The slowdown in productivity growth between 1973 and 1991 of remaining one-third of the slowdown was due to a decrease in the rate of technological change from 3% to 1% per year.
The slowdown in productivity growth in the period from 1973 to 1991 can be attributed to a number of factors, including changes in the workforce, shifts in production patterns, and technological change. However, in this case, we are interested in determining the proportion of slowdown that can be attributed to technological change.
From 1950 to 1973, capital per hour of work and output per hour of work grew at the same rate of approximately 3 percent per year. This suggests that the growth in output was largely driven by the growth in capital, which could be attributed to technological progress from 3% to 1% per year.
Therefore, we can conclude that the slowdown in productivity growth from 1973 to 1991 was largely due to factors other than technological change.
To know more about productivity growth:
https://brainly.com/question/13766620
#SPJ4
Hansel is a staff auditor from the audit firm Forrest and has recently heard that their client, Tasty Treat, a distributor of cookies, has started to use data analytics in their business. Hansel is very excited to hear this and shares it with the experienced auditor on the team, Gretel. Hansel expressed excitement in the use of Tasty Treat's data analytics to assist in Forrest's audit procedures. Which of the following responses would be the most appropriate from Gretel? a. This is good news. We should get a good understanding of Tasty Treat's data analytics. If the client has strong controls around the data analytics, we could have the client prepare various analyses in place of our audit procedures. b. This is good news. As auditors, we like to see that our clients are adapting best practices to help sustain and grow their business. However, we should instead hire an audit data analytics (ADA) specialist. This individual would be able to serve a large number of clients concurrently by serving as a consuitant to our various audit teams. c. This is good news. Tasty Treat is taking great measures to better understand their organization, and accordingly drive their business. Yet, we should look to train members of our audit team to have audit data analytics (ADA) knowledge or hire individuals with ADA knowledge to be part of the audit team so we can integrate the procedures throughout the audit.d. None of these answer choices are correct.
This is good news. We should get a good understanding of Tasty Treat's data analytics. If the client has strong controls around the data analytics, we could have the client prepare various analyses in place of our audit procedures.
Having a good understanding of the data analytics can help HANSEL and the audit team utilize audit data analytics (ADA) to better understand Tasty Treat's organization and drive their business. ADA knowledge can be integrated throughout the audit if audit team members are trained or hired to have ADA knowledge.
To learn more about data analytics, refer below:
https://brainly.com/question/30094941
#SPJ11
edward is tired of graduate school as well as his part-time bartending job. on the spur of the moment, he decides to take a weekend trip to the cayman islands for snorkeling. he pays for it with his credit card rather than money from his bank account. which type of irrational behavior does this best describe? loss aversion risk aversion mental accounting status quo bias
Edward's decision to pay for his weekend trip to the Cayman Islands using his credit card rather than money from his bank account describes the irrational behavior known as the mental accounting.
Mental accounting refers to the tendency to segregate and manage money differently depending on the mental states associated with the specific money, such as the source, the intended use, or the intended destination. For instance, people are more inclined to spend money that comes from gifts, winnings, or bonuses and save more of the money earned through salary or investment.
Therefore, by using his credit card instead of the money from his bank account, Edward is engaging in mental accounting. Mental accounting is an irrational decision-making behavior because it ignores the broader context of money and the financial benefits of using cheaper modes of payment, such as debit cards or cash, in favor of the perceived psychological benefits.
Mental accounting can also lead to poor investment choices and lack of diversification because people tend to focus on the short-term benefits rather than the long-term benefits.
Learn more about mental accounting https://brainly.com/question/19338994
#SPJ11
Problem 10-05 Jackson Enterprises has the following capital (equity) accounts: Common stock ($2 par; 150,000 shares outstanding) $ 300,000
Additional paid-in capital 250,000
Retained earnings 275,000 The board of directors has declared a 25 percent stock dividend on January 1 and a $0.30 cash dividend on March 1. What changes occur in the capital accounts after each transaction if the price of the stock is $5? Round the number of shares outstanding to the nearest whole number and the other answers to the nearest dollar. The impact of the 25 percent stock dividend: Common stock ($ ____par; shares outstanding) $_____ Additional paid-in capital ______
Retained earnings ______
The impact of the $0.30 a share cash dividend: Common stock ($ _____ par; shares outstanding) $ ______
Additional paid-in capital _____
Retained earnings _____
Answer:
On January 1, the BOD declared a 20% stock dividend. Therefore, new stock to be issued as dividends
=
100
,
000
s
h
a
r
e
s
×
0.20
= 20,000 shares
Total number of shares
= 100,000 + 20,000
= 120,000 shares
Therefore,
Common stock
=
$
1
×
120
,
000
= $120,000
Additional paid-in-capital
=
E
x
i
s
t
i
n
g
c
a
p
i
t
a
l
+
n
e
w
s
h
a
r
e
s
×
(
M
a
r
k
e
t
v
a
l
u
e
−
p
a
r
v
a
l
u
e
)
=
$
200
,
000
+
20
,
000
s
h
a
r
e
s
×
(
$
4
−
$
1
)
= $260,000
Retained earnings
=
E
x
i
s
t
i
n
g
a
m
o
u
n
t
−
(
C
a
s
h
d
i
v
i
d
e
n
d
×
t
o
t
a
l
s
h
a
r
e
s
)
=
$
225
,
000
−
(
$
0.25
×
120
,
000
)
= $225,000 - $30,000
= $195,000
Therefore,
Common stock increases by 20,000 shares after the 20% stock dividend declaration.
Additional paid-in capital increases by $60,000 after the 20% stock dividend declaration.
Retained earnings decreased by $30,000 after the $0.25 cash dividend declaration.
QUESTION 4 In establishing a facility cost pool, the following budgeted costs for the year were included; Utilities to Heat the Building $250,000 Janitorial Services and Supplies $ 50,000 Building Maintenance $100,000 The company decides to calculate the predetermined overhead rate using budgeted Direct Labor Hours of 20,000 hours for the year.
What is the predetermined overhead rate the company will use for this cost pool?
A. $20 per Direct Labor Hour B. $20 per machine hour C. $20 per square foot D. $200 per Direct Labor Hour
The predetermined overhead rate that the company will use for the cost pool is $20 per direct labor hour. Therefore, the correct answer is A.
The total cost of the facility cost pool
= Utilities to Heat the Building + Janitorial Services and Supplies + Building Maintenance
= $250,000 + $50,000 + $100,000
= $400,000
Predetermined overhead rate
= Total cost of the facility cost pool ÷ Budgeted direct labor hours
= $400,000 ÷ 20,000 hours
= $20 per direct labor hour
Therefore, the company will use a predetermined overhead rate of $20 per direct labor hour for this cost pool (option A).
Learn more about Predetermined overhead rate at https://brainly.com/question/26372929
#SPJ11
Movie theater have, in recent years, faced unprecedented challenges; do you believe that theater can survive in the long term? Why or why not? What strategic alterations should be made in order to afford theaters the best chance of a bright future? What role do you foresee MoviePass-style subscription service playing going forward?
The movie theater industry has indeed faced significant challenges in recent years, with rise of streaming services and the COVID-19 pandemic being two of the biggest factors.
What is an industry?Industry refers to the production of goods or services by utilizing various resources such as raw materials, labor, and capital. It involves the conversion of inputs into outputs through a series of processes, including manufacturing, assembly, packaging, and distribution. Industries can be classified into different categories based on the type of goods or services they produce, such as agriculture, mining, manufacturing, construction, transportation, and healthcare. The growth and development of industries have been the driving force behind economic progress, creating jobs, generating income, and increasing the standard of living for people. Industrialization has also led to technological advancements, improved infrastructure, and increased trade and commerce, making it a crucial aspect of modern society.
To learn more about industry, visit:
https://brainly.com/question/30539356
#SPJ1
which of the following is an example of a daily operational procedure or task supported by an operational database? bank deducting the correct amount of money from a customer's checking account upon an atm withdrawal e-business issuing a correct bill to a customer who purchased a camera flight attendant courteously greeting passengers entering an aircraft all of the above a and b only
Examples of daily operational procedures or tasks supported by an operational database is Deducting the correct amount of money from a customer's checking account upon an ATM withdrawal and Issuing a correct bill to a customer who purchased an airline ticket. The correct option is C) Both A and B.
ATM withdrawals involve deducting the correct amount of money from a customer's checking account, and issuing a correct bill to a customer who purchased an airline ticket both require the use of an operational database.
An operational database is a database that is used for daily operations. The data is maintained and utilized by an organization's operational staff. It aids in the management of daily operations and aids in the resolution of business difficulties. This database's primary goal is to aid in daily tasks such as sales, purchases, and order management.
In operational databases, data is used for a specific purpose and is controlled by operational employees.
To know more about database, refer here:
https://brainly.com/question/29775297#
#SPJ11
Most people have experienced a time at work when they were made to feel uncomfortable in some way. Looking back at an experience like this that you have had and taking what you have learned from this course, how might you have approached or reacted to the situation differently? Do you feel you are now more equipped to mitigate or respond to a similar situation if it were to present itself again? Why, or why not?
If someone were to experience a situation at work that made them uncomfortable, it would be important to speak up and address the issue with the relevant parties.
This could involve having a conversation with a supervisor, HR representative, or colleague, depending on the situation. It is also important to document any incidents and keep a record of any conversations that take place.
By being proactive and addressing the issue directly, individuals can help to mitigate similar situations in the future and create a more positive work environment. The course materials provide useful strategies for managing workplace conflict and creating a culture of respect and inclusivity.
For more questions like Uncomfortable click the link below:
https://brainly.com/question/27999192
#SPJ11
QUESTION 34The specific elements that will be identified in your direct marketing mix are best known as …ObjectivesStrategiesTacticsMetrics1 pointsQUESTION 35"Prospects" are …Customers who already use your product or servicePeople who are similar in profile to your existing customersCustomers who have the greatest possibility to "attrite or leave" your brandCustomers who will refer your product or service to another customer1 points
Question 34: The specific elements that will be identified in your direct marketing mix are best known as Tactics.
Question 35: “Prospects” are customers who have the greatest possibility to “attrite or leave” your brand.
Question 34
The specific elements that will be identified in your direct marketing mix are best known as tactics.
Tactics are the individual components that make up a marketing strategy, such as which channels to use, what type of message to use, and how to measure success. Tactics help to carry out the strategy and can be used to achieve the objectives.
The marketing mix is a business tool that aids in the development and application of marketing campaigns. It is often referred to as the Four Ps: product, price, place, and promotion. The marketing mix is an essential aspect of marketing, as it is used to define a company's offering to the consumer. The direct marketing mix involves the use of direct marketing channels such as email, SMS, social media, and more.
Question 35
Prospects are customers who may have an interest in your product or service, but have yet to purchase. It is important to target these prospects in order to try and convert them into customers, as well as to retain existing customers who may be at risk of leaving. They are potential customers who may be interested in your product or service.
Prospects are often identified through lead generation tactics such as advertising, cold calling, or email campaigns. Prospects are important to a business as they represent potential revenue. They are often targeted through marketing campaigns to convert them into customers. A company must know its prospects' needs and preferences to create targeted campaigns that are more likely to be successful.
For more such questions on Tactics & Prospects.
https://brainly.com/question/13230868#
#SPJ11