What is the difference between paper currency and coins?
OA. One is used to pay for services; the other is used to pay for goods.
B. One is valuable because people accept it in exchange for goods
and services; the other has value as a precious metal.
C. One is created by individual citizens; the other is created by the
government.
OD. One is used to pay back a loan; the other is used to deposit in a
bank.
Answers
Answer: The difference between paper currency and coins is that one is valuable because people accept it in exchange for goods and services, while the other is a physical representation of that value. The answer is B.
Explanation:
Related Questions
In the month of March the Chester Corporation received and delivered orders of 182,000 units at a price of $15.00 for revenue of $2.730mil for their product Cedar. Chester uses the accrual method of accounting and offers 30 day credit terms. By the end of May Chester had collected payments of $2.730mil for the March deliveries. How much of the collected $2.730mil should Chester show on the March 31st income statement and how much on the May 31st income statement?
Answers
When the funds are collect in may the accounts receivable is cleared to cash/Bank
Dr Bank and Cr accounts receivable
How ever since Chester Corp offers only 30 day credit terms the receivable is 30 days late they can Charge late payment fees and recognize the late fees as revenue in May i.e. the month the late fees is recognized
Pepper Department store allocates its service department expenses to its various operating (sales) departments. The following data is available for its service departments:
Expense Basis for allocation Amount
Rent Square feet of floor space $ 30,000
Advertising Amount of dollar sales 36,000
Administrative Number of employees 51,000
The following information is available for its three operating (sales) departments:
Department Square Feet Dollar Sales Number of employees
A 3,200 $ 236,000 5
B 4,800 $ 354,000 7
C 8,000 $ 590,000 8
Totals 16,000 $ 1,180,000 20
What is the total expense allocated to Department B?
Answers
- Rent: $30,000 / 16,000 sq ft = $1.875 per sq ft
- Advertising: $36,000 / $1,180,000 = 0.03 per dollar of sales
- Administrative: $51,000 / 20 employees = $2,550 per employee
Using these allocation rates, we can allocate the expenses to each department:
- Department A: (3,200 sq ft x $1.875/sq ft) + ($236,000 x 0.03) + (5 employees x $2,550/employee) = $6,000 + $7,080 + $12,750 = $25,830
- Department B: (4,800 sq ft x $1.875/sq ft) + ($354,000 x 0.03) + (7 employees x $2,550/employee) = $9,000 + $10,620 + $17,850 = $37,470
- Department C: (8,000 sq ft x $1.875/sq ft) + ($590,000 x 0.03) + (8 employees x $2,550/employee) = $15,000 + $17,700 + $20,400 = $53,100
Therefore, the total expense allocated to Department B is $37,470.
PLEASE HELP WILL GIVE BRAINLIEST FOR CORRECT ANSWER!!
For a Brazilian firm, the process of exporting to
international markets may
include all of the
following except
A). export-import agent.
B). draft.
C). bill of lading.
D). letter of credit.
E). import tariff.
Answers
Answer:
import tariff is the answer
Answer:
e
Explanation:
it is a terrif that pays
Caitlin's lawyer suggests that she name a(n).
assets in the event of her death.
to receive her assets in the event of her death
Answers
Caitlin's lawyer suggests that she name someone, to receive her assets in the event of her death. Thus, option B is correct.
Who is a lawyer?A lawyer can be defined as a person who has gone to school to get a degree regarding the same and passed the bar exam. A lawyer helps the person in the matter which are related to the court
The lawyer recommended to Caitlin that in case she dies or in case of, she should name someone to whom the assets would be transferred after her death or demise. it can be transferred to a person, or organization for a charity fund. Therefore, option B is the correct option.
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Answer:
b
Explanation:
Imagine the products are in decline and recommend an extension strategy for each one. Make sure you explain your
A Galaxy chocolate bar
Candy Crush mobile app.
Evian water
Ferrari world.
Answers
All of these products should use a rebranding extension strategy.
Once a product reaches maturity and the market is saturated, it gradually starts to decline.
Because of this, one approach to lengthen the life of a product strategy is to always seek out ways to make it better, different, and even stand out from similar products that have already hit the market.
Rebranding, offering discounts, and looking for new markets are all examples of extension strategy methods. Rebranding is the process of giving an existing product a fresh look and feel in order to set it apart from the competition. For instance, a cosmetics company might provide additional brushes, blenders, or sponges.
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
Answers
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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after saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money in the millertown bank. if the bank were fully loaned out and the reserve requirement was 20%, then the change in the dollar value of the total money supply would be group of answer choices
Answers
After saving money in her piggy bank for three years, beverly decided to deposit $5,000 of the money in the millertown bank. if the bank were fully loaned out and the reserve requirement was 20%, then the change in the dollar value of the total money supply would be $20,000.
For a variety of reasons, saving is a crucial habit to develop. It helps you cover future costs, manage financial stress, prepare for trips, and more. You could be inspired to save more money if you realize the various ways that saving money can help you prosperOur basic requirements can be satisfied through the purchase of food, shelter, and healthcare thanks to money. It is imperative that we meet these requirements; else, both our individual wellbeing and the wellbeing of the community as a whole suffer tremendously.To know more about Money here
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Sariah sets challenging sales targets for her team.
Answers
"Sariah sets lofty sales targets for her team" is an example of planning.
What is Planning?Thinking about the steps necessary to accomplish a goal is the process of planning. Foresight, the fundamental ability for mental time travel, is the foundation of planning.
The ability to plan ahead and exhibit foresight is assumed to have evolved early in the course of human evolution.
An essential characteristic of intelligent conduct is planning.
It entails applying logic and creativity to visualize both the desired outcome and the processes required to get there.
Planning's relationship to forecasting is a crucial factor.
Planning envisions what the future may look like while forecasting attempts to anticipate what it will look like.
"Sariah sets ambitious sales targets for her team" is an example of planning.
Therefore, "Sariah sets lofty sales targets for her team" is an example of planning.
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Correct question:
"Sariah sets challenging sales targets for her team" is an example of ____.
What happens if you pay more than the minimum payment on a credit card statement?
Answers
You Reduce Your Credit Utilization Ratio and Likely Improve Your Credit Scores. Paying more than the minimum will reduce your credit utilization ratio—the ratio of your credit card balances to credit limits.
When you utilize something, you use it, whether or not it's miles a device, like while you make use of a pen to put in writing something down, or a skill or expertise, like the pace you utilize whilst you run a race. So utilization is the act of using, just like the utilization of your voice that permits you to sing a song.
Usage is defined as the amount of an employee's available time that's used for effective, billable work, expressed as a percent. A worker's usage fee is a vital metric for companies to tune.
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help with the blank lol
Answers
James is employed by a large corporation with 400 employees. The corporation provides its employees with a no-cost gym membership at the local public YMCA. The cost of the membership is $60/month, which is completely paid for by James' employer for all employees. How much, if any, must James include in his yearly gross income related to this fringe benefit
Answers
James must include $720 in his yearly gross income related to the fringe benefit.
Where the value of the athletic facilities is to be excluded from an employee's gross income, the facilities must be situated on the employer's business location. Moreover, the athletic facilities must be used exclusively by the employees and their dependents.
Due to the above, James's membership is at a public YMCA, hence taxable.
Also, James start date with the corporation was not given, he would however receive 12 months of the benefit.
12 × $60 = $720
Therefore, James must include the full cost of $720 paid by his employer in his yearly gross income related to the fringe benefit.
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1. R 20 million of new investment has been added to the South African economy, the current MPS is
0.40, and tax rate (t) is 0.12. By how much will aggregate spending and income increase as a result of
the R20 million increase in investment spending (7 marks).
Answers
Answer:
Yes
Explanation:
because south Africa can't put the money on the side
As a result of the R20 million increase in investment spending, the aggregate spending and income will increase by R38.462.
What is income?
Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration. Conceptually, income is difficult to define, and different fields may have distinct definitions.
When a new investment of R 20 million had been made with the aim of income increase in the South African economy, the current MPS is 0.40, and the tax rate (t) is 0.12.
Now the question that rises is what will be the aggregate spending and income increase as a result of the R20 million increase in investment spending. For this, the calculation will be as follow:
Multiplier will be = 1/ (MPS+MRT) = 1/(0.40 +0.12) = 1/0.52 = 1.923
Thus, the aggregate spending and income increment will be = R20 * 1.923 = R38.462.
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Supply and demand is:
A. an advertising principle that the value of a product is directly
proportional to how many public figures and celebrities use it.
B. an advertising method supporting the idea that if you show several
products being used in an ad, more people will want to buy them.
C. an economic idea that the value of something is determined
how much of it exists in relation to how much consumers want it.
D. an economic principle supporting the idea that the quicker
something is made, the sooner it can be sold on the open market.
Answers
Answer:
C.
Explanation:
Consumers wanting it is the demand.
So if fewer want it, it might be made less.
if more want it, it might be made more often.
If it's in high demand, it might also cost more to get, as more people want it.
the circular flow model is only capable of describing how the labor market and the market for goods and services work in the economy.
Answers
Only the labor market and the market for commodities and services can be adequately described by the circular flow model. This statement is false.
The model consists of two main parts: the household sector and the business sector. The household sector includes all the individuals and families that make up the economy, and the business sector includes all the firms and companies that produce goods and services.
The model shows how money and goods flow from the household sector to the business sector and vice versa. The circular flow model is capable of describing how the labor market, the market for goods and services, and the capital market work in the economy. The labor market is where households provide labor to businesses in exchange for wages and salaries.
The market for goods and services is where businesses sell the goods and services that they produce to households. The capital market is where firms and households can borrow and lend money, either in the form of bonds or stocks.
Complete question:
The circular flow model is only capable of describing how the labor market and the market for goods and services work in the economy. True or false.
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Read Chief Justice Taney's decision on the Dred Scott case (Major Problems, Ch. 13)explain how his decision impacted African Americans all over the United States.How do you think this decision affected abolitionists and supporters of slavery?
Answers
Chief Justice Taney's decision on the Dred Scott case had a significant impact on African Americans all over the United States. In his decision, Taney ruled that African Americans, whether free or enslaved, could not be considered citizens of the United States and therefore had no right to sue in federal court.
He also declared that Congress did not have the power to prohibit slavery in any territory, effectively nullifying the Missouri Compromise of 1820.
This decision further entrenched the institution of slavery in the United States and made it clear that the federal government would not protect the rights of African Americans. It also gave slaveholders the legal right to take their slaves into any territory, including those where slavery had previously been prohibited.
For abolitionists, Taney's decision was a severe blow to their cause. It undermined their efforts to end slavery and made it clear that the federal government was not on their side. For supporters of slavery, the decision was a victory, as it affirmed their belief in the legality and morality of slavery.
In summary, Chief Justice Taney's decision in the Dred Scott case had far-reaching consequences for African Americans and the institution of slavery in the United States. It strengthened the position of slaveholders and undermined the efforts of abolitionists to end slavery, perpetuating the injustice and inequality that would eventually lead to the Civil War.
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When is economic expansion occur
Answers
Answer:
The expansion occurs during times of economic stimulation, where there is a rise in employment, followed by consumer confidence and discretionary spending. The phase is also known as economic recovery.
Which type of data is represented in the following statement? 42% of customers who purchase a warranty plan use the warranty services before the warranty expires
A. Secondary research data
B. Qualitative data
C. Quantitive data
D. Primary research data
Answers
The kind of data is represented in the statement mentioned above is Secondary research data. Thus, option A is correct,
What is research?Research is defined as the creation of new knowledge and/or the creative use of pre-existing knowledge to develop original ideas, methods, and comprehensions. This might entail combining and evaluating previous research to develop novel and creative discoveries.
Research questions must be open-ended and not have simple yes-or-no responses or be settled by readily available facts. They should instead demand the writer's investigation and analysis.
Secondary research include summarizing, collating, and/or synthesizing prior findings. Secondary research differs from primary research in that primary research involves data generation, whereas secondary research analyzes data from primary research sources. Therefore, it can be concluded that option (A) is correct.
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Answer:
C: Quantitative
Explanation: I say so
how does understanding culture important in business?
Answers
Answer:
The significance of Culture. Understanding a county’s culture is a sign of respect. It also helps to foster effective communication, a vital factor in business success. Values and attributes such as frugality, trust and endurance may viewed differently in other countries.
Ricardo uses his personal vehicle in his sole proprietorship. He keeps no records of any kind regarding his business use of the car and doesn't really know for certain when and where he used the automobile for business. Which of the following is correct?
a. Juan should deduct a good-faith estimate of his expenses for the auto as a business expenses.
b. Juan should estimate his total vehicle expenses for the year, then deduct 50% of that amount as business expense.
c. Juan could have leased a comparable vehicle for $3,600 for 2016. Therefore, he should deduct $3,600 as a business expense.
d. Juan cannot deduct any vehicle expenses because he has no record of his expenses.
Answers
Answer: d. Juan cannot deduct any vehicle expenses because he has no record of his expenses
Explanation:
A sole proprietorship is a form of business that is owned and controlled by one person.The person enjoys the profit alone and bears the risk alone as well.
Since we are given the information that he keeps no records of any kind regarding his business use of the car and doesn't really know for certain when and where he used the automobile for business, this means that Juan cannot deduct any vehicle expenses because he has no record of his expenses.
We should note that for a deduction to be made, the details of how the vehicle is used for business purposes would be required. Since he doesn't have it, he can't deduct any vehicle expenses.
This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
Answers
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
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paid rent of Rs.25000 by cheque. make journal entry
Answers
Answer:
see below
Explanation:
Rent is an expense to the business. An increase in expenses is debited.
rent was paid by cheque. The transaction will reduce money held at the bank( asset) by Rs. 25,000. A reduction in assets is credited.
The journal entry will be
Rent A/c Dr. Rs. 25,000
Bank A/c Cr. Rs. 25,000
Consider the following information for stocks A, B, and C. The returns on the three stocks are positively correlated, but they are not perfectly correlated. (That is, each of the correlation coefficients is between 0 and 1.)
Stock Expected Return Standard Deviation Beta
A 8.60% 14% 0.8
B 9.95 14 1.1
C 11.75 14 1.5
Fund P has one-third of its funds invested in each of the three stocks. The risk-free rate is 5%, and the market is in equilibrium. (That is, required returns equal expected returns.)
Required:
a. What is the market risk premium?
b. What is the beta of Fund P?
c. What is the required return of Fund P?
d. Would you expect the standard deviation of Fund P to be less than 15%, equal to 15% or greater than 15%? Explain.
Answers
Question attached
Answer and Explanation:
Find attached
Houston, Inc., planned and actually manufactured 200,000 units of its single product in 2017, its first year of operation. The variable manufacturing cost was $24 per unit produced. The variable operating (nonmanufacturing) cost was $9 per unit sold. Planned and actual fixed manufacturing costs were $600,000.Planned and actual fixed operating (nonmanufacturing) costs totaled $370,000. Houston sold 100,000 units of a product at $45 per unit.
Houston?s 2017 operating income using absorption costing is
(a) $530,000
(b) $230,000
(c) $600,000
(d) $900,000
(e) none of these
Answers
Answer:
(a) $530,000
Explanation:
Sales = 100,000 units for $45 per unit = $4,500,000
Less: Cost of Goods Sold
Cost of manufacturing = 100,000 units for $27 per unit = $2,700,000
Variable cost at $24 per unit
Fixed \(\frac{600,000}{200,000} = 3\) per unit
Gross income = $1,800,000
Less: Non Manufacturing Expense
Variable = 100,000 units at $9 per unit = $900,000
Fixed = $370,000
Total Non manufacturing expense = $1,270,000
Operating Income as per absorption costing = $1,800,000 - $1,270,000 = $530,000
Under absorption costing method everything expect the non manufacturing fixed expense are consumed on per unit basis, but fixed non manufacturing fixed expense are completely absorbed as are not incurred for manufacturing thus, not charged to finished goods but only to goods sold.
Henry has a defined benefit plan that promises an annual retirement benefit based on 2% of his final 5-year average annual salary for each year of service. At retirement, Henry has 21 years of service and had an average salary of $95,000 over the last 5 years. His annual benefit will be:_______a. $15,200. b. $95,000. c. $60,500. d. $49,875. e. $39,900.
Answers
Answer: e. $39,900
Explanation:
Henry's defined benefit can be calculated by the formula:
= Average salary over the last 5 years * Years of service at retirement * annual retirement benefit percentage based on 5 year average salary
= 95,000 * 21 * 2%
= $39,900
You’ve caught a co-worker stealing 5 dollars. How could you handle this situation?
Answers
Explain to the interviewer that you would avoid a confrontation at the moment if you saw a colleague stealing, but that you would afterward report the incident to your immediate manager or supervisor as soon as you could (the same day that you saw the theft is best).
Who is a co-worker?Generally, When the interviewer asks what you would do if you saw a coworker trying to steal, you should clarify that you would avoid a confrontation at the moment, but that you would then report the theft to your direct boss or manager as soon as possible.
Ideally, you should do this within a few minutes of discovering the theft (the same day that you saw the theft is best).
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how bargaining power of suppliers will influence clover tropika?
Answers
Answer:
because with them using the suppliers they can make it for themselves around the world and for the other people
Explanation:
on my quizzes
GenX Furnishings Company manufactures designer furniture. GenX Furnishings uses a job order cost system. Balances on June 1 from the materials ledger are as follows:
Fabric $24,900
Polyester filling 7,500
Lumber 55,800
Glue 2,400
The materials purchased during June are summarized from the receiving reports as follows:
Fabric $121,300
Polyester filling 168,600
Lumber 332,400
Glue 11,500
Materials were requisitioned to individual jobs as follows:
Fabric Polyester Filling Lumber Glue Total
Job 601 $43,700 $55,100 $147,300 $246,100
Job 602 33,600 59,900 128,900 222,400
Job 603 31,000 40,600 71,700 143,300
Factory overhead-indirect materials $5,700 5,700
Total $108,300 $155,600 $347,900 $5,700 $617,500
The glue is not a significant cost, so it is treated as indirect materials (factory overhead).
a. Journalize the entry to record the purchase of materials in June.
b. Journalize the entry to record the requisition of materials in June.
c. Determine the June 30 balances that would be shown in the materials ledger accounts.
Answers
Answer:
a. Date Account Titles and Explanation Debit Credit
June 1 Raw materials inventory - Fabric A/c $121,300
Raw materials inventory - Polyster A/c $168,600
Raw materials inventory - Lumber A/c $332,400
Raw materials inventory - Glue A/c $11,500
To account payable $633,800
(Being recorded for the purchase of materials in June)
b. Date Account Titles and Explanation Debit Credit
June 3 Work in process - Job 601 A/c $222,400
Raw materials inventory - Fabric A/c $43,700
Raw materials inventory - Polyster A/c $55,100
Raw materials inventory - Lumber A/c $147,300
Work in process - Job 602 A/c $143,300
Raw materials inventory - Fabric A/c $31,000
Raw materials inventory - Polyster A/c $40,600
Raw materials inventory - Lumber A/c $71,700
Work in process - Job 603 A/c $222,400
Raw materials inventory - Fabric A/c $33,600
Raw materials inventory - Polyster A/c $59,900
Raw materials inventory - Lumber A/c $128,900
Factory Overhead A/c $5,700
To Raw materials inventory - Glue A/c $5,700
c. Particulars Fabrics Polyster Lumber Glue
Beg. Inventory June 1 $24,900 $7,500 $55,800 $2,400
Add: Purchases $121,300 $168,600 $332,400 $11,500
$146,200 $175,100 $388,200 $13,900
Less: Issued to production $108,300 $155,600 $347,900 $5,700
End. Inventory June 30 $37,900 $20,500 $40,300 $8,200
During the staff meeting, the performance of BJ is discussed. BJ works hard but received a poor customer rating, and the manager is told to “figure it out” or fire BJ. Which of the following would be the best approach to try to improve BJ’s performance?
Answers
Answer:
BJ
Explanation:
Hi is the hard worker
so, he is the best
Providing him with 360-degree feedback from customers, co-workers and managers to give him insight into how his behavior is perceived will help improve his performance.
What is a 360-degree feedback?A 360-degree feedback refers to a process that allows employees to receive feedback from the people who work around them.
In conclusion, the feedback will let him know how to improve on his work performance.
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benefits of internal and external environment marketing
Answers
Answer:
Internal environment refers to the factors that are within an organization's control, such as its culture, employees, management style, and resources. External environment refers to the factors that are outside an organization's control, such as competition, customer trends, and economic conditions. Both internal and external environment marketing have their own benefits:
Benefits of Internal Environment Marketing:
Better understanding of the company culture: By analyzing the internal environment, companies can gain a better understanding of their culture, values, and goals, which can help in creating a stronger brand identity.
Improved employee engagement: Internal environment marketing can help in creating a positive work environment, where employees feel valued and motivated to work harder, which can lead to increased productivity and better customer service.
Efficient use of resources: By analyzing the internal environment, companies can identify their strengths and weaknesses, which can help in making more informed decisions about how to allocate resources.
Benefits of External Environment Marketing:
Understanding customer needs and preferences: External environment marketing can help companies understand their customers' needs and preferences, which can help in creating products and services that better meet their needs.
Identifying new market opportunities: By analyzing the external environment, companies can identify new market opportunities, such as emerging trends or changes in customer behavior, which can help in expanding their customer base and increasing their revenue.
Competitive advantage: External environment marketing can help companies stay ahead of their competitors by identifying their strengths and weaknesses and by creating strategies to capitalize on their competitors' weaknesses.
Explanation:
what is gross income??
Answers
Answer:
the amount of money you make before all the taxes and deductions are made.
Explanation:
whay i said for the answer ^