An industry or a market segment within an industry goes through four basic phases of development - introduction, growth, maturity, and decline.
The following is the phase of development in which each of the industries served by the four companies is positioned:-
Company A: The state of the art car locks manufacturer Company A is in the introduction phase of development. The company is newly established, and it manufactures locks for cars that use computer image recognition of fingerprint patterns. The industry that the company operates in is still in the early stages, and the company is introducing new and innovative products. It needs to create awareness about its product and establish a market for its product.
Company B: The biotechnological product manufacturer Company B is in the growth phase of development. The company has been established for four years and is engaged in the rapidly expanding animal feedstuffs market. The biotechnological product manufacturer industry is growing at a fast pace, and the company is still enjoying the growth phase of the industry. It has already established a product and is now seeking growth opportunities.
Company C: The chocolates manufacturer Company C is in the maturity phase of development. The company has been established for many years, and it manufactures chocolates. The chocolates industry is now a long-established industry, and it is experiencing low sales growth but high market share. Company C needs to focus on maintaining its market share and reducing its costs to remain competitive in the market.
Company D: The consumer goods organization Company D is in the decline phase of development. The company has been very profitable but is now experiencing a loss of market share with a consequent overall reduction in turnover. The consumer goods industry is a long-established industry, and the company is now in the declining phase of the industry. The company needs to focus on divestment strategies and reducing its costs to remain competitive in the market.
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businesses are required to follow laws and regulations, but they ___ follow ethical standards in a code of ethics
Answer:
businesses are required to follow laws and regulations, but they choose to follow ethical standards in a code of ethics
Answer:
Explanation:
they choose to
purchased research and development that has received technological feasibility is capitalized as a(n) blank intangible asset, and purchased in-process r
The type of intangible asset capitalized when purchased research and development with technological feasibility is acquired is "Internally Generated Intangible Asset."
When a company purchases research and development (R&D) that has reached technological feasibility, it is considered an internally generated intangible asset. This asset represents the company's investment in developing new technology or processes that have met the criteria for commercial viability. By capitalizing the R&D costs, the company recognizes the value of the asset on its balance sheet.
This allows the costs to be spread over the asset's useful life and be amortized accordingly, reflecting the economic benefits expected from the completed R&D activities. It is important to note that the recognition and capitalization of R&D costs depend on meeting specific criteria outlined in accounting standards.
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--The complete question is, What type of intangible asset is capitalized when research and development that has received technological feasibility is purchased?--
8 Steps in Organizational Development (OD) interventions
Answer:
The Eight Steps for Organizational Develpoment Intervaentions
Explanation:
Entry Signals
Purpose
Assessment
Action Plan
Intervention
Evaluation
Adoption
Seperation
... i think
Mary Parker Follett felt that managers should act as ______ rather than dictators.
Facilitators
Best of luck in your studies! ☺️
which account is prepared before balance sheet ?
Answer:
Balance sheet is prepared after ascertaining net profit and net loss from profit and loss account. It is the summary of the personal account and real accounts having debit and credit balances.
Identify at least five different Human Services careers that you could pursue in your home state, and choose the three that appeal to you the most. Of the three, write a one-page essay describing which one would be your career choice and the educational pathway that you would have to follow in order to obtain that career. Finally, identify at least three colleges, universities, or training programs that are suited to that career choice. You can use the following resources to help you:
Answer:
Human services careers: Nurse, Child Life Specialists, Licensed Clinical Social Workers (LCSW), Psychologist, Counselor, Marriage and Family Therapist, and Behavioral Management Aide.
Explanation:
You could write about any of these ->
Try writing about being a nurse.
They help everyone in the hospital setting and the families of the patients.
Go through years of training to help people.
Put other people before them.
Three colleges that you can take nursing classes at are: NIU, UIC and Lewis university.
Answer:
Five careers within the Human Services cluster that would be interesting to me are massage therapist, residential advisor, marriage and family therapist, health educator, and healthcare social worker. Of these careers, the ones that would appeal to me most are residential advisor, marriage and family therapist, and health educator.
I would choose to be a marriage and family therapist, because I enjoy listening to others and finding ways to help them. I think it would be rewarding to be able to help families and couples find solutions to their problems and give them the strategies and methods that they need to work through problems.
The academic requirements for marriage and family therapists are a master’s degree and license. In order to complete the requirements, I could choose to attend Northwestern University, the University of Rochester, or the University of Southern California in Los Angeles. After completing a master’s degree, I would eventually like to get a Ph.D. in family therapy from Syracuse University, Ohio State University, or Virginia Polytechnic Institute and State University.
Explanation:
just did it
1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
Answer:
the information about the company's income statement is missing, so I looked for a similar question (see attached image):
current contribution margin per unit = $3
current sales volume = 44,000 units
fixed expenses = $46,000
1. What is the revised net operating income if unit sales increase by 12%?
[(44,000 x 1.12) x $3] - $46,000 = $101,8402. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 19%?
[(44,000 x 1.19) x $1.70] - $46,000 = $43,012
3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $6,000, and the number of units sold decreases by 7%?
[(44,000 x 0.93) x $4.30] - $52,000 = $123,9564. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%?
[(44,000 x 0.87) x $4.60] - $46,000 = $130,088Why might a marketer choose Internet advertising over television advertising?
A. Because Internet advertising is more expensive
B. Because the Internet has been around longer than television
C. Because television only reaches people over the age of 50
D. Because television advertising is more expensive
Answer:
D. Because television advertising is more expensive
Explanation:
Advertisement on the TV involves making a video that has to be of specified standards. Making the video is costly. After making the video, a company has to buys advertising time with media houses which, is also expensive.
Online or internet advertising is cost-effective. Many popular social media sites allow users to post advertisement messages for free.
An interest in or taking of land for its strategic location or products is called.
Answer:
Geopolitics
Explanation:
An interest in or taking of land for its strategic location or products is called geopolitics.
What is the term for the act that businesses commit when they agree to set prices and increase their control of the market share?.
Across various market types, collusion can take many distinct forms. Groups as a whole get an unfair edge in each case. Price fixing is one of the most popular forms of collusion.
When organizations or people band together to manipulate a market or pricing for their own gain, this is called collusion. Price manipulation, coordinated advertising, and the sharing of insider knowledge are examples of collusion.
Collusion is discouraged by whistleblower and antitrust laws. Price fixing happens when a given supplier market has a small number of firms, a situation known as an oligopoly. This small group of companies collaborate to establish the pricing for the same product they both sell.
Companies synchronizing their marketing campaigns run the risk of engaging in collusion. For an added benefit, the cooperating businesses in this scenario might want to restrict the consumers' understanding of a good or service.
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how can a reduction in taxation be used to influence aggregate demand
Answer:
shifting the aggregate demand curve to the right.
Explanation:
why are many retailers creating and promoting their own captive brands?
Many retailers are creating and promoting their own captive brands, also known as private labels, to gain a competitive advantage, increase profitability, and strengthen customer loyalty.
Creating and promoting captive brands offers several benefits for retailers. Firstly, it allows them to control the entire production and distribution process, from sourcing to packaging, giving them more flexibility and control over product quality, pricing, and inventory management. By eliminating intermediaries and dealing directly with manufacturers, retailers can often offer their captive brand products at lower prices compared to national brands, Private Brand attracting price-conscious customers.
Secondly, captive brands enable retailers to build customer loyalty and enhance the overall shopping experience. By offering unique and high-quality products, retailers can create a distinct identity and strengthen their relationship with customers. Shoppers who are satisfied with a retailer's captive brand are more likely to become loyal patrons, increasing repeat purchases and fostering long-term customer relationships.
Additionally, retailers benefit from higher profit margins associated with captive brands. Since these brands are owned by the retailer, they can enjoy higher profit margins compared to national brands, which are subject to pricing negotiations with manufacturers and distributors.
Overall, creating and promoting captive brands allows retailers to differentiate themselves, increase profitability, and build customer loyalty in a competitive market
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Last year, Lakesha's Lounge Furniture Corporation had an ROA of \( 8.2 \) percent and a dividend payout ratio of 29 percent. What is the internal growth rate? (Do not round intermediate calculations.
the internal growth rate for Lakesha's Lounge Furniture Corporation is approximately 6.18%.
1. Convert the ROA to a decimal: 8.2% = 0.082
2. Calculate the retention ratio by subtracting the dividend payout ratio from 100%: 100% - 29% = 71%
3. Convert the retention ratio to a decimal: 71% = 0.71
4. Substitute the values into the formula:
Internal Growth \(Rate = (0.082 × 0.71) / (1 - (0.082 × 0.71))\) Now, let's calculate:
Internal Growth Rate = \((0.05822) / (1 - 0.05822)\)
Simplifying further:
Internal Growth Rate =\(0.05822 / 0.94178\)
Internal Growth Rate \(≈ 0.0618 or 6.18%\)
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Which of the following is an advantage of a two-tier wage system?a) It promotes equity and fairness among employees. b) It incentivizes workers to improve their performance. c) It allows for more flexibility in hiring and training. d) It reduces labor costs for the employer.
The advantage of a two-tier wage system is it reduces labor costs for the employer. The correct option is d.
In a two-tier wage structure, individuals who are hired recently are often paid less than those who have held the same position for longer. When a firm is having financial difficulties or is up against competition from other businesses, this enables them to minimize their labor costs by recruiting new employees at a reduced wage rate.
While a two-tier wage structure may encourage equity and fairness by giving current employees job security and greater pay, it may not encourage people to perform better because they do not perceive many opportunities for growth. Furthermore, while it would allow for more flexibility in hiring and training, it might also lead to conflict between younger and more seasoned workers, which might be detrimental to morale and output.
A two-tier wage system has the benefit of lowering labor costs for the business. The correct option is d.
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__________is the name for the doctrine that holds that the manufacturer of a product has legal responsibilities to compensate the user of that product for injuries suffered because the product's defective condition made it unreasonably dangerous, even though the manufacturer has not been negligent in permitting that defect to occur.
Answer:
Product liability
Tell me how Friday came to be? What is the origin of this day of the week
If you are the producer, what is your profit maximizing decision, given your isocost and isoquant?
a. Will produce at the point where the slope of the isoquant is equal to the slope of the isocost
b. Will produce at the point where the isoquant is equal to the isocost
c. Will produce at the highest isoquant, with the least cost d. Will produce at the point where the total cost at the minimum
If you are the producer, your profit maximizing decision, given your isocost and isoquant is that you will produce at the highest isoquant, with the least cost.b
Option c is the correct answer. A producer will attempt to obtain the maximum possible profit. The following steps will help the producer to maximize his or her profit:Step 1: The producer must determine the cost of the required inputs to produce a specific product.Step 2: The producer should then consider the quantity of output that can be produced with the given inputs. This will be represented by the isoquant.Step 3: The producer should compare the isoquant and the isocost lines.
The isocost line depicts all of the possible input quantities that can be obtained for a given cost. The intersection of the isocost and isoquant lines will indicate the producer's profit-maximizing point.Step 4: The producer will produce at the highest possible isoquant, at the least possible cost. At this point, the slope of the isoquant is equal to the slope of the isocost line.
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the level of savings in an economy: multiple choice can be an important determinant of future productivity. can be an important determinant of capital investment. can be a source of funding for physical capital. all of these are true.
the level of savings in an economy:
determinant of future productivity. can be an important determinant of capital investment. can be a source of funding for physical capital.Thus, all of these are true and correct.
What is saving?Savings are unspent income or deferred consumption. One way to save is to spend money. Set aside in a savings account, retirement account, mutual fund, or cash. Savings also means reducing expenses, such as recurring expenses.Savings are the portion of your income that is not spent on current expenses. In other words, it is money that is reserved for future use and not immediately spent.Saving is a way out of life's uncertainties and offers opportunities for quality living. Many hurdles and obstacles in life can be overcome by systematically investing large sums of money.
Thus, saving means a determinant of future productivity which can be an important determinant of capital investment and it can be a source of funding for physical capital.
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During the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
Answer:
Explanation:
ruing the accumulation phase of a variable annuity: A payments can be made into the plan; but distributions may not be taken from the plan B distributions may be taken from the plan; but payments may not be made into the plan C both payments may be made into the plan; and distributions may be taken from the plan D neither payments may be made into the plan; nor distributions may be taken from the plan Review
What are self-service BI tools?
Business intelligence tools that do not require any particular BLANK
expertise are called self-service tools.
Answer:
Technical
Explanation:
100% on test
2. What are the problems can someone have without personal finance knowledge?
Why are economic systems needed? Respond to the question below with a minimum of 5 sentences.
Answer:
Explanation:Since economic resources are scarce, they must be used efficiently. We want to produce as much goods and services as we can, and in the process, produce the goods and services needed the most. There are five functions an economic system performs in producing goods and services for consumption.
Why might someone want to file a tax return even if they dont meet the minimum income requirement
A taxpayer might want to file a tax return because they want to ensure they pay necessary tax as when due.
What is a filing of tax return?A tax return basically means the forms filed with the tax authority by a taxpayer that entails his/her income, expenses, tax information etc.
The filing of tax return allow the taxpayers to:
calculate their tax liabilityschedule tax paymentsrequest refunds etcHowever, a taxpayer might want to file a tax return even if they dont meet the minimum income requirement because they want to ensure they pay necessary tax as when due.
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anybody got food stamps
Answer: yeah, I do. Also, Happy holidays! or in Hawaiian we say Mele Kalikimaka which means Merry Christmas! I'm part Hawaiian.
Sold goods whose list price is 5000 to rakesh at 6% trade discount and 1% cash discount he paid 60% price in cash jornal entry
The journal entry will be:
Debit: Accounts Receivable 2766
Credit: Sales 5000
Debit: Discounts Allowed 317
Credit: Trade Discount Allowed 300
Credit: Cash Discount Allowed 17
How to depict the journal entry?To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.
The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:
5000 x 6% = 300
The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:
(5000 - 300) x 1% = 17
The total discounts is trade discount + cash discount
300 + 17 = 317
The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:
(5000 - 317) x 60% = 2766
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Which of these do you need to do when receiving criticism? A. Do not respond to criticism. B. Ignore the criticism. C. Respond to criticism with your own criticism. D. Consider the criticism as a learning experience. E. Ask your best friend what to do.
Answer:
D.
Explanation:
I'd say consider the criticism. This doesn't mean if someone is doubting you or ridiculing you they're right, but if the respectfully talk to you about the flaws in your business or in you as a person then you should ask yourself why do they fill this way. It's solely up to you to listen or not.
Analyst why the mobility of labour may increase over time.
The mobility of labor may increase over time due to the following:
Increase in tradeIncrease in resourcesGrowth of industries.What is meant by mobility of labor?This is the term that is used to refer to the way that workers that are within a nation are able to move in their country or in nations that are outside their own.
There are several reasons for this. When industries are growing, there would be the need for ,ore people to be hired to make up the work force in the economy. Another reason is when there are increased resources such as capital in the nation.
The mobility tells us the ease with which these workers are able to move around in the economy. This is one of the core principles of economics as it tells us the way that Labor is able to affect growth in the economy as well as the production of goods and services.
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Large barriers to entry in the gas station business explain why the two only gas stations in a small town? a. can earn an economic profit in the long run.
b. must produce at the minimum average total cost in the long run. c. have no fixed costs in the long run must produce a level of output such that MR - MC to maximize their profit.
The gas station business is known to have large barriers to entry due to high fixed costs involved in setting up and operating a gas station.
These costs include land acquisition, construction, equipment, and regulatory requirements, making it difficult for new entrants to enter the market. As a result, in a small town, it is not uncommon for only two gas stations to be present.
In such a scenario, the existing gas stations can earn an economic profit in the long run due to the lack of competition. Economic profit refers to the revenue earned over and above the opportunity cost of the resources used in production. In the absence of competition, the existing gas stations can charge a higher price for their products, generating a profit.
However, in the long run, the existing gas stations must produce at the minimum average total cost to stay profitable. Average total cost (ATC) refers to the total cost of production per unit of output. The existing gas stations must operate efficiently and produce at the minimum ATC to remain competitive and attract customers.
Lastly, the existing gas stations must produce a level of output such that their marginal revenue (MR) equals their marginal cost (MC) to maximize their profit. Marginal revenue refers to the additional revenue earned by producing one more unit of output, while marginal cost refers to the additional cost incurred in producing one more unit of output. The existing gas stations must find the balance between the two to ensure that they are maximizing their profit.
In conclusion, the large barriers to entry in the gas station business explain why only two gas stations may exist in a small town. The existing gas stations can earn an economic profit in the long run, but they must also produce at the minimum ATC and find the optimal level of output to maximize their profit.
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Because costing decisions are often made before costs are incurred, managers rely on ______
Because costing decisions are often made before costs are incurred, managers rely on Estimated costs.
An estimated cost is an approximate calculation of what it will cost to produce goods or complete a project in the future. Both fixed and variable costs for labor, supplies and capital are included.
By making it easier to understand long-term costs, feasibility, returns, and risk, calculating the estimated cost supports project management and capital planning. It serves as a crucial evaluation tool for software and project-based organizations before offering price quotes to customers in the construction industry.
Cost estimating enables you to accomplish your goals within the budgetary restrictions set by executives and stakeholders. When establishing a project's parameters, precise project cost estimating must come first because it is one of the characteristics of successful progress
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Reliable Enterprises sells distressed merchandise on extended credit terms. Collections on these sales are not reasonably assured, and bad debt losses cannot be reasonably predicted. It is unlikely that repossessed merchandise is in condition to be re-sold. Therefore, Reliable uses the cost recovery method. Merchandise costing $30,750 was sold for $55,250 in 2012. Collections on this sale were $21,900 in 2012, $15,900 in 2013, and $17,450 in 2014. In 2013, Reliable would recognize gross profit of:
A $ 0.
B $ 7,050.
C $ 8,850.
D $ 8,050.
Using the cost recovery method, Reliable Enterprises would recognize gross profit of $8,050. The answer to the question is Option D.
Cost recovery method is an accounting technique used to ascertain a firm's income when collections cannot be reasonably assured and when it is improbable that the distressed goods can be resold. Reliable Enterprises uses the cost recovery method since it sells distressed goods on an extended credit basis. This implies that collections cannot be predicted with certainty, and it is improbable that the repossessed merchandise will be resold.
In 2012, Reliable sold merchandise worth $55,250 at a cost of $30,750. As a result, the gross profit margin for the year was $24,500.
Gross profit = Selling price – Cost of goods sold = $55,250 - $30,750 = $24,500
In 2013, Reliable would recognize gross profit of $8,050 because collections on the sale amounted to $15,900. The recognition of the gross profit was determined by subtracting the total cost of merchandise sold from the total amount collected in that year, as shown below:
Revenue from sales = Total collections + Ending accounts receivable = $15,900 + $8,350 = $24,250
Cost of goods sold = Gross profit + Beginning inventory – Ending inventory = $24,500 - $30,750 = $-6,250
Gross profit = Revenue from sales - Cost of goods sold = $24,250 - ($-6,250) = $8,050
Therefore, the answer is Option D. $8,050.
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