it is important to know your credit card pin
Wells technical institute (wti) provides training to individuals who pay tuition directly to the school. wti also offers training to groups in off-site locations. wti initially records prepaid expenses and unearned revenues in balance sheet accounts. its unadjusted trial balance as of december 31 follows, along with descriptions of items a through h that require adjusting entries on december 31.
Wells Technical Institute's method of recording unearned revenues and prepaid expenses into its balance sheet accounts is known as an accrual method of accounting.
What is accrual method?A method of accounting in which the payments and the receipts for a business are recorded in the books of accounts at the time they are due, but not yet received, is known as the accrual method of accounting.
Hence, the significance of accrual method is given above.
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what competitive advantages can companies have
Competitive advantages of companies are: Cost advantages, Differentiation, Intellectual property, Network effects and Strategic partnerships.
Companies can have a variety of competitive advantages that give them an edge over their rivals in the marketplace. Some of the most common competitive advantages include:
Cost advantages: Companies can achieve lower costs through economies of scale, access to cheaper inputs, or more efficient production processes. This allows them to offer lower prices or higher margins than their competitors.Differentiation: Companies can differentiate their products or services through features, quality, branding, or customer experience. This allows them to charge higher prices or gain customer loyalty.Intellectual property: Companies can secure patents, trademarks, copyrights, or trade secrets that give them exclusive rights to their products or technologies. This protects them from copycats and allows them to monetize their innovations.Network effects: Companies can benefit from network effects when their products or services become more valuable as more people use them. This creates barriers to entry and makes it harder for competitors to gain market share.Strategic partnerships: Companies can form strategic partnerships or alliances with suppliers, distributors, or complementary businesses. This allows them to leverage each other's strengths and expand their reach.To know more about companies click here:
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Hilton Corp. has revenues of $1,214,800, costs of $816,355, and pays a tax rate of 32 percent. If the firm pays out 50 percent of its earnings as dividends every year, what is the amount of retained earnings
Answer:
its $133,471.30
Explanation:
If firms in a competitive industry begin to earn profit in the short run, new firms will enter. This will shift the industry a. demand curve to the right, meaning market price will rise. b. demand curve to the left, meaning market price will fall. c. supply curve to the right, meaning market price will fall. d. supply curve to the left, meaning market price will rise.
Answer:
c. supply curve to the right, meaning market price will fall.
Explanation:
If firms in a competitive market start to make a large profit, more firms will enter that market because they will also want a share of it. As more firms enter the market, total quantity supplied will increase, shifting the supply curve to the right and lowering the equilibrium price.
A stop order to sell at $46 will be executed: at a price of $46 at the end of the day on which the order was placed. at $46 following the first trade with a price below $46. as a market order once a trade occurs at a price of $46 or less. immediately at a price of $46. as a market order once a trade occurs at a price of $46 or higher.
A stop order to sell at $46 will be executed as a market order once a trade occurs at a price of $46 or less.
A stop order is a kind of conditional order in which an investor may instruct their broker to purchase or sell a security if it reaches a particular price. A stop order is a method for reducing risk exposure by instructing a broker to buy or sell when a stock reaches a particular price or price range. When a stop order is triggered, it turns into a market order, which implies that the order will be executed at the best available price, whether higher or lower than the stop price .In the given case, the stop order to sell at $46 will be executed as a market order once a trade occurs at a price of $46 or less.
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Create a job application including a cover letter and a resume. Make certain you have included your work and volunteer experience, education, and "selling points." Compare your resume to the job descriptions and respond to each of the questions asked. This should be a one- to two-page response thoroughly examining each question—this will prepare you for when you do apply for a job (if you have not already).
After reviewing the functions of human resource management identified early in the lesson, answer the following questions:
Identify the person from human resources whom you might engage. If it’s a small business, who do you think would be your contact?
Assume you were hired. What would human resources do for you as an employee? Discuss what benefits HR would offer and how, you believe, this would happen if you were to be employed in this position.
In a cover letter, you introduce yourself to potential employers and request that they consider your application. The letter is brief, often 3 to 5 paragraphs long.
What is Management?Management is the art of getting things done through and with the people in formally organized groups.
An efficient resume summary uses the following structure: Professional title (if applicable) with significant work history, plus top accomplishments (preferably measurable results) + Top Knowledge, Experience, and Values (relevant to the job and industry)
Reduce the length of cover letters to three to four paragraphs, not exceeding one page. Use an active voice while maintaining a confident, commercial enterprise-like tone. Don't start too many phrases with "I." Check for repetition and errors by reading your cover letter out loud.
Therefore, This is how you can create a job application including a cover letter and a resume.
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Agribusiness Every component from producer to grocery store ginger it’s to the process of the ——— chain
Answer:
supply
Explanation:
Answer:
supply
Explanation:
just did it and it was correct
All of the following tests are included in the ethical decision-making metric except. Multiple Choice:
-the admired observer test.
-the legality test.
-the moral mentor test.
-the publicity test.
-the transparency test.
The legality test, the morally mentor test, and also the admired observer test are examples of tests that are frequently included in the ethical decision-making metric.
What are the four phases of making ethical decisions?James Rest (1994) created a theoretical concept of ethical decision-making that takes into account four different cognitive factors: moral awareness, moral principle, moral intent, and moral action. This model focuses on the process of comprehending and solving an ethical issue.
What exactly is an ethical decision?The process of assessing and selecting among options in a way that is compatible with ethical values is referred to as ethical decision-making .When making ethical decisions, it's critical to be aware of the possibility of unethical behavior, eliminate it, and select the most ethical course of action.
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On December 21, 2020, Bucky Katt Company provided you with the following information regarding its equity investments.
December 31, 2020
Investments (Trading) Cost Fair value Unrealized Gain (Loss)
Clemson Corp. stock $20,000 $19,000 $(1,000)
Colorado Co. stock 10,000 9,000 (1,000)
Buffaloes Co. stock 20,000 20,600 600
Total of portfolio $50,000 $48,600 (1,400)
Previous fair value adjustment balance 0
Fair value adjustment-Cr. $(1,400)
During 2021, Colorado Co. stock was sold for $9,400. The fair value of the stock on December 31, 2021, was Clemson Corp. stock-$19,100; Buffaloes Co. stock-$20,500. None of the equity investments result in significant influence.
a) Prepare the adjusting journal entry needed on December 31, 2020.
b) Prepare the journal entry to record the sale of the Colorado Co. stock during 2021.
c) Prepare the adjusting journal entry needed on December 31, 2021.
a) The adjusting journal entry on December 31, 2020, is:
Debit: Unrealized Loss on Investments (Trading) - $1,400
Credit: Fair Value Adjustment - $1,400
b) The journal entry for the sale of Colorado Co. stock in 2021 is:
Debit: Cash - $9,400
Debit: Fair Value Adjustment - Colorado Co. stock - $1,000
Credit: Investments (Trading) - Colorado Co. stock - $10,000
c) The adjusting journal entry on December 31, 2021, is:
Debit: Fair Value Adjustment - Clemson Corp. stock - $100
Debit: Fair Value Adjustment - Buffaloes Co. stock - $100
Credit: Unrealized Gain on Investments (Trading) - $200
a) The adjusting journal entry needed on December 31, 2020, is as follows:
Debit: Unrealized Loss on Investments (Trading) - $1,400
Credit: Fair Value Adjustment - $1,400
This entry recognizes the unrealized loss of $1,400 on the equity investments in the trading portfolio. The debit increases the unrealized loss account, while the credit reduces the fair value adjustment account.
b) The journal entry to record the sale of the Colorado Co. stock during 2021 is as follows:
Debit: Cash - $9,400
Debit: Fair Value Adjustment - Colorado Co. stock - $1,000
Credit: Investments (Trading) - Colorado Co. stock - $10,000
This entry reflects the sale of the Colorado Co. stock for $9,400, resulting in a loss of $1,000. The cash account is debited for the cash received, the fair value adjustment account for Colorado Co. stock is debited to reverse the previous adjustment, and the investments account for Colorado Co. stock is credited to remove the stock from the portfolio.
c) The adjusting journal entry needed on December 31, 2021, is as follows:
Debit: Fair Value Adjustment - Clemson Corp. stock - $100
Debit: Fair Value Adjustment - Buffaloes Co. stock - $100
Credit: Unrealized Gain on Investments (Trading) - $200
This entry adjusts the fair value adjustment accounts for Clemson Corp. stock and Buffaloes Co. stock. The debits increase the fair value adjustment accounts to reflect the increase in fair value, and the credit increases the unrealized gain on investments account.
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at Ltd operates a fleet of fishing trawlers. The following events took place after the end of the reporting period, 30 June 2019, but before the date the accounts were authorised, 15 September 2019.
On 17 July 2019, Cat Ltd’s main fishing fleet was sunk during a freak storm. Insurance will cover the replacement of the vessels but lost sales representing $550 000 in profits are not covered.
On 19 July 2019 Cat Ltd took delivery of a fishing net for its prawn trawler. The net was purchased from a UK manufacturer on delivered duty paid shipping terms and was in transit at the end of the reporting period. An inspection of the net revealed significant structural flaws and the net was returned to the supplier on 28 July 2019. Cat Ltd is to receive a full refund of the $650 000 purchase price which had been paid in advance on 29 June 2019.
On 29 August 2019 a lawsuit was lodged against the company by the families of crew members drowned in the 17 July storm, alleging negligence, and claiming $4 million in damages. No date has as yet been set for the court hearing.
On 1 September 2019 the directors resolved to issue to the public 10 000, 5% debentures of $10 each, payable $5 on application and $5 on allotment.
Required
Classify each event as an adjusting or non-adjusting event after the end of the reporting period. Explain your decisions.
The events that occurred after the end of the reporting period for Cat Ltd can be classified as both adjusting and non-adjusting events.
The sinking of the fishing fleet and the lawsuit filed against the company are adjusting events, while the return of the defective fishing net and the resolution to issue debentures are non-adjusting events.
The sinking of Cat Ltd's main fishing fleet during a freak storm on 17 July 2019 is an adjusting event. It is a significant event that occurred after the reporting period but provides evidence of conditions that existed at the end of the period.
The loss of the fleet affects the company's financial position and future profitability, as insurance coverage is limited to replacing the vessels and does not cover the lost sales representing $550,000 in profits.
Similarly, the lawsuit lodged against the company by the families of drowned crew members on 29 August 2019 is also an adjusting event. The lawsuit alleges negligence and claims $4 million in damages. This event reflects a potential liability for the company, which existed at the end of the reporting period. The outcome of the lawsuit will impact the company's financial statements.
On the other hand, the return of the defective fishing net to the supplier and the resolution to issue debentures are non-adjusting events. The return of the net and the subsequent refund of the purchase price do not relate to conditions that existed at the end of the reporting period. Likewise, the decision to issue debentures is a subsequent event that does not require adjustments to the financial statements as it occurred after the reporting period.
In conclusion, the sinking of the fishing fleet and the lawsuit are adjusting events as they reflect conditions existing at the end of the reporting period, while the return of the defective net and the decision to issue debentures are non-adjusting events as they occurred after the reporting period and do not relate to the financial position at the end of the period.
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How much is the peso mark-up if the selling price is P15 and the purchase cost is P10.00?
Answer:
Simply take the sales price minus the unit cost, and divide that number by the unit cost. Then, multiply by 100 to determine the markup percentage. For example, if your product costs $50 to make and the selling price is $75, then the markup percentage would be 50%: ( $75 – $50) / $50 = . 50 x 100 = 50%.
Explanation:
What is the name of the account where you can save money into it?.
The name of the account where you can save money will be saving account.
Savings accounts are one of the most straightforward methods to generate interest on your money. They provide better interest rates than traditional checking accounts while also making it simple to spend as well as withdraw funds.
Although there may be various types of bank deposits, the deposit account, term deposit account, or certificate of deposits seem to be the three more common.
Bank deposits are funds entrusted in financial institutions for safety. Those deposits were made into deposit accounts including such savings, examining, as well as money market accounts.
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2. An effective classroom arrangement allows for the following:
A. helps students focus their attention on the current instructional activity.
B. makes access to learning materials efficient and orderly.
C. is flexible enough to accommodate different types of learning activities.
D. all of above.
Answer:
D) All of the above
Explanation:
If you are with people that make you disruptive you can't focus
If the room organization is awkward it's difficult to hand assignments back
And if the seats are organized well than you can do all sorts of activities like presentations or games
Why is it important for a human resource manager to carefully maintain
employee records?
Answer:
Certain records require employee privacy to be protected. Not maintaining and following best practices for employee record keeping leaves you vulnerable to defending yourself against lawsuits, labor investigations or audits.
Explanation:
hurry!! #10
What is one of the SMART guidelines that help develop objectives?
O Rigorous
O Specific
O Abstract
Theoretica
combine like terms to simplify 13q2 + 4q2
Answer:
17q^2
Explanation:
you add the like terms and 13+4 is equal to 17
what principal categories of other operating expenses are frequently reported on the income statement?
The principal categories of other operating expenses are cost of goods sold, selling, general, and administrative expenses.
What is expenses?
A cost is anything that necessitates the transfer of money or wealth in general from one person or group to the other as payment for just a good, service, or other kind of cost. For a tenant, rent is a cost. Parents and students must pay for tuition. It's common to refer to the cost of buying things like food, clothing, furniture, or even a car as an expense. An expense is a cost that is "paid" or "remitted," typically in exchange for something of value. Something that appears to be extremely expensive is "expensive." Something that appears to just be inexpensive is referred to as "inexpensive." "Expenses of the a table" include prices related to consuming food, beverages, hosting a feast, etc.
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1. Beth and Jerry own a residential home valued at approximately $250,000. While
they were away on vacation, lightning struck their house causing a large fire that
did approximately $125,000. of damage to their home. Their homeowner's
insurance policy was up to date and they had proper damage limits in their
coverage areas. Due to the damage to their home which included most of their
furniture, electronic devices, televisions, personal clothing and Thereappliances;
they will also have to live in temporary housing until their house is repaired which
is estimated to be 10 months. Which coverage areas of their homeowner's policy
will provide the coverage for their loss including their housing? Be specific and
state why you selected your answer with examples provided.
The losses incurred by Beth and Jerry in this scenario will be covered by the homeowners' insurance policy.
Which coverage areas of their homeowner's policy will provide the coverage for their loss including their housing?
The areas of the homeowner's insurance that will cover their loss, including their housing, are listed below: 1.Dwelling Coverage: This insurance will pay for the costs of repairing any damage the fire has done to the walls, roof, and foundation of their house. In this situation, the insurance provider will provide coverage up to the policy's maximum, which in this case is $125,000. 2.Personal Property Coverage: This insurance will pay the costs of replacing or repairing personal property such as furniture, electronics, televisions, and clothing that was damaged or destroyed in the fire. Depending on the policy, the insurance company will provide coverage up to the limit stated in the policy, which can range from 50% to 70% of the dwelling coverage limit. 3.Loss of Use Coverage: This coverage will give Beth and Jerry the money they need to pay for the extra living costs they incur, like food and lodging while their house is being repaired. In this scenario, the insurance provider will provide coverage up to the maximum allowed by the policy, which, depending on the policy, can range from 20% to 30% of the dwelling coverage limit.
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Which of the following statements about management by objectives (MBO) is false?
A. It is a management philosophy that bases an employee's evaluations on whether the employee achieves specific performance goals.
B. Employee involvement is high in MBO.
C. It is a set of mutually agreed-upon objectives that are measurable and specific.
D. It is best suited for managing the performance of employees who work in contexts in which subjective measures of performance can be quantified.
E. Employee performance can be gauged by referring to the degree to which the employee achieves results that are consistent with the objectives.
Thus, option D is the correct option
The false statement about Management by Objectives (MBO) is that it is best suited for managing the performance of employees who work in contexts in which subjective measures of performance can be quantified.
Management by Objectives (MBO) is a management philosophy that bases an employee's evaluations on whether the employee achieves specific performance goals. In this system, employees and managers mutually agree on specific objectives that are measurable and specific.Employee involvement is high in MBO. It is best suited for managing the performance of employees who work in contexts where subjective measures of performance can not be quantified. An example is service industries where employee performance is based on customer satisfaction surveys rather than the objective measures of their productivity or sales records.The statement that it is best suited for managing the performance of employees who work in contexts in which subjective measures of performance can be quantified is false. Thus, option D is the correct option.
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write short notes by Napier bone
Answer:
Napier's bones is a manually-operated calculating device created by John Napier of Merchiston, Scotland for the calculation of products and quotients of numbers. The method was based on lattice multiplication, and also called 'rabdology', a word invented by Napier. Napier published his version in 1617.
As sole heir, Dazie receives all of Mary's property (adjusted basis of $10,400,000 and fair market value of $13,820,000). Six months after Mary's death in 2018, the fair market value is $13,835,000.
a. Assuming an estate return is filed, can the executor of Mary's estate elect the alternate valuation date and amount?
b. Dazie's basis for the property is $. ___________
c. Assume instead that the fair market value six months after Mary's death is $13,800,000. Assuming an estate return is filed, can the executor of Mary's estate elect the alternate valuation date and amount?
d. Dazie's basis for the property is $._________
As sole heir, Dazie receives all of Mary's property with an adjusted basis of $10,400,000 and a fair market value of $13,820,000. Six months after Mary's death in 2018, the fair market value is $13,835,000.
a) Assuming an estate return is filed, the executor of Mary's estate can elect the alternate valuation date and amount because the fair market value has increased since Mary's death.
b. Dazie's basis for the property is $13,835,000. This is because the basis is determined by the fair market value on the alternate valuation date, which is six months after Mary's death.
c. If the fair market value six months after Mary's death is $13,800,000, the executor of Mary's estate can still elect the alternate valuation date and amount when filing the estate return. This is because the fair market value has decreased since Mary's death.
d. In this scenario, Dazie's basis for the property is $13,800,000, as it is determined by the fair market value on the alternate valuation date, which is six months after Mary's death.
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In which workplace are workers least likely to be injured by heavy equipment? a greenhouse a slaughterhouse a farm a quarry
Answer:
A green house
Explanation:
a slaughterhouse a farm a quarry
use heavy equipment and even tho they have more safety then a green house you could still even die on the job where in a green house the most you could get a a cut from a knife or something.
Please correct me if I'm wrong LOL
use the equation for the line of best fit to predict the salary for an employee with 6 years of experience? (round your answer to the nearest dollar.) $61,150 $58,587 $59,672 $57,990
The wage for a worker with six years of experience is predicted by the equation for the line of best fit, which is $58,587.
What does slope refer to?Although it was originally used in English by O'Brien in 1844 when he expressed the equation for a straight line as "y = mx + b," and by Todhunter in 1888 when he wrote it as "y = mx + c," it is unknown why the letter m is usually used to denote slope.
The slope can be calculated by comparing the "vertical change" to "horizontal change" between any two distinct points on a line. The outcome is the same for each ratio when expressed as a quotient ("rise over run").
Any two spots in the specified grid must be taken.
Let the two points are (0, 52000), (1, 53,150)
m=(53150-52000)/(1-0)
m=1150
Therefore, slope=1150
Now, the equation of the line is y=mx+b
52000=1150(0)+c
c=52000
Therefore, y=1150x+52000
For 6 years experience,
Take x=6 then,
y=1150(6)+52000
y=6900+5200
y=58,900
y=$58,900≈58,587
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Three types of lobbying?
4
BU
Why do even the most successful events reach the decline stage?
Ο Α. There are tight budgeting restrictions.
O B.
Nothing tangible is being sold.
O C.
Entertainment always grows stale.
There's always an end date.
D.
There's always an end date even the most successful events reach the decline stage.
What is the secret to an effective budget?Having attainable, measurable, and quantifiable goals is the first step in creating a realistic budget. In this approach, both the forecast and the budget are transformed into useful tools for achieving success.
What makes event budgeting crucial?Budgeting entails creating a properly thought-out strategy for how much money you can spend on a certain activity in any industry. Yet, one of the reasons it's so important for event planning is that it enables planners to establish a goal profit and determine the amount they must earn to break even.
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team sports has 4.7 million shares of common stock outstanding, 2.7 million shares of preferred stock outstanding, and 27 thousand bonds. if the common shares are selling for $3.70 per share, the preferred share are selling for $15.7 per share, and the bonds are selling for 98.93 percent of par, what would be the weight used for common stock in the computation of team's wacc? multiple choice 25.17% 63.28% 25.17% 33.33% 20.11%
The weight that will be used for common stock in the computation of team's WACC is 20%. The Option E is correct.
How do we calculate the The weight that will be used for common stock?First, we will calculate the value of the company's total capital:
= Common stock + Preferred stock + Debt
= (4,700,000 * 3.70) + (2,700,000 * 15.7) + (27,000 * 96.93/100 * 1,000 par value)
= 17390000 + 42390000 + 26,171,100
= $85,951,100
The weight to be used for common stock is:
= Common stock value / Total capital value
= (4,700,000 * 3.70) / $85,951,100
= $17,390,000 / $85,951,100
= 0.202324345
= 20%
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Which career pathway describes the two main aspects of the Business, Management, and Administration career cluster?
Management and Budgeting
Secretarial and Administration
Management and Administration
Marketing and Business
the 2nd one I took the test
The management and Budgeting career pathway describes the two main aspects of the Business, Management, and Administration career cluster. Therefore option B is correct.
What is Management?By definition, management refers to a person or group of people who oversee and challenge another person or group of people in an effort to achieve predetermined goals and objectives. Furthermore, the capacity to organize, supervise, and guide people is a component of management.
"Management is an art of getting things done through and with the people in formally constituted groups," asserts Harold Koontz. It is an art to develop a setting where individuals can perform well and work together to achieve group objectives.
Management entails establishing an internal environment: - Management is responsible for utilizing the many production elements. Therefore, it is the duty of management to establish environments that encourage maximal effort so that workers can do their tasks successfully and efficiently.
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why planning is important before starting a business?
Answer:
So you can get ready to know 'how to make your business good'
If you don't plan, then you'll forget to setup something is may be important
Explanation:
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the money supply rises from 900 billion to 955 billion according to the simple quantity theory of money the price level will be
According to the number theory of cash, if the number of cash in the economy doubles, all else equal, value levels also will double. this suggests that the buyer pays double the quantity} for an equivalent amount of products and services.
The quantity theory of cash may be a framework to grasp value changes with respect to the provision of cash. It argues that a rise in pecuniary resources creates inflation and the other way around. The Irving-Fisher model is most typically accustomed apply speculation.
The equation MV = noble metal relates the value level and also the amount of cash. Here M is the amount of cash, V is the speed of circulation, P is the index, and T is the volume of transactions. the number equation is the basis for the number theory of cash.
The quantity theory equation is written as M × V = P × Y, wherever M is the pecuniary resource, V is the speed of cash, P is the index, and Y is the output.
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IN A DEPARTMENT STORE, SALESPEOPLE ARE REWARDED BASED ON THEIR SALES VOLUME. THE PROBLEM IS THAT THEY ARE GIVING SUBSTANTIAL DISCOUNTS AND PRESSURING CUSTOMERS TO MAKE UNNECESSARY PURCHASES What are the reasons for the negative consequences of these bonus schemes? Modify these schemes to solve the problems.
Answer:
This bonus scheme has two main problems:
consumer satisfaction will decrease because they are pressured to make unnecessary purchases and once they realize it they will not be happy with the store nor with their purchasing experience. This will damage the relationship between the store and its customers. since salespeople are offering substantial discounts in order to boost sales volume, then the profits of the company will decrease.In this situation both lose, the company and its customers.
In order to solve this issue, the store should award bonuses based on total revenue and gross profit margin, not volume. This way, the salespeople will try to sell their products at the normal price, which means that they will have to convince their customers through other strategies and not just low price. The sales technique will have to shift from low cost to differentiated product that can satisfy their customers' needs.
Based on the information given, the negative consequence of the bonus schemes is the reduction in profit.
It should be noted that a bonus scheme simply means an incentive scheme given to employees. It's used to boost the performance of the team.
It should be noted that the disadvantage of the bonus scheme is that it can lead to competition among the employees. Therefore, in this case, the bonus should not be based on volume of goods sold.
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