Answer:
Forecasted sales: 25% maximum reduction. Recommendations: try new ways to increase sales during the months left, or reduce its own cost.
Explanation:
If sales usually increase between March 1 and June 30, and this period accounts for 50% of annual revenue, if revenue is proportional to sales, a reduction in sales will reduce revenues.
Between March 1 and June 30 there are 4 months.
If sales usually pick up in March and this year they were low until the beggining of May, it means that only 2 of the 4 most productive months were higly productive.
If 50% of sales are concentrated in this 4 months, and this year 2 of the 4 months were not really productive, a maximum 25% of sales (and hence of revenues) may have lost.
Therefore, revenues may lower by 25% this year.
To avoid losses, it is advisable to try new ways to increase sales during the months left, that can consist on doing some advertisement and promotions (related to health care linked to exersice for example), that helps increasing sales in the months left, to compensate the looses of the 2 months. If sales cannot be increased, it is advisable to reduce cost to avoid further looses.
The integrated cost leadership/differentiation strategy needs structural features that are partially centralized and partially decentralized, jobs that are semispecialized, and rules and procedures that call for some formal and some informal job behavior. True or false?
Answer:
true
Explanation:
An integrated cost leadership/differentiation strategy basically combines a cost leadership strategy (selling your products or services at a low cost) and a differentiation strategy (offering differentiated products or services). This way, the company offers differentiated products at the lowest possible price.
This strategy is very difficult to execute properly and successfully since generally differentiated products tend to be more expensive to produce than standard products.
Natalia administered a test to a job candidate three different times. She is looking at the scores and sees that they are 85, 87 and 85 out of 100. She notes that the scores are fairly consistent.In other words, the test is:a) valid.b) reliable.c) strong.d) relevant.
If a company owns 25% of the voting stock of Pink Co. and can exercise significant influence, dividends received will be A. credited to Cash. B. debited to Equity Investmentslong dashPink Co. C. credited to Equity Investmentslong dashPink Co. D. credited to Dividend Revenue.
Answer:
C. credited to Equity Investmentslong dashPink Co.
Explanation:
With 25% voting power and the ability to exercise significant influence, Pink Co is an associate of the company.
For dividend received from associate, we subtract it from the cost of investment in associate hence it it posted as a credit entry to the account (Investment in associate).
The right option is C.
A waitress assumes a group of poorly dressed customers to be ungenerous tippers. She doesn't pay much attention to them during their meal, forgets to bring their drinks, and doesn't ask if they want dessert. In the end, she gets the result that she expects, a very small tip. This is an example of:___________
A. self-serving bias.
B. fundamental attribution bias.
C. the halo effect.
D. selective perception error.
E. a self-fulfilling prophecy.
Answer:
E. A self fulfilling prophecy
Explanation:
Self fulfilling prophecy is a situation or psychological term whereby an individual predicts or expects something, in which the prediction or expectation comes to pass because the individual believes it will, thus the behaviour that follows is in line with that beliefs. It is a prediction that is made to be true because of the behaviour of the believer. In this scenario, the waitress assumes and believes the group of people to be poor, this behaving in a way that neglected them which gender up with here recieving a bad tip. That is, her behaviour making her predictions about them to be true.
Dover Lumber announced last week that its unpopular CEO had resigned. In response to this announcement, the firm's stock price increased from $17 a share to $23 a share. The following day the price declined to $21 a share and has remained constant at that level.
This is an example of a(n):
A) over-reaction and correction.
B) underpricing.
C) delayed reaction.
D) pre-activity action.
E) efficient market reaction.
Answer:
A. Over reaction and Correction
Explanation:
Over reaction is the situation whereby investors gets over excited due to an emotional response on an event leading to a security becoming overbought or over sold until it returns to its intrinsic value. In this case, the increase in price came from the announcement that the unpopular CEO had resigned. Correction on the other hand refers to the drop in prices of stock from their current peak. After the overreaction, correction occured in which the price dropped and remained constant at the dropped price.
The fluctuation in Dover Lumber's stock price following the CEO's resignation illustrates an over-reaction and correction in the stock market, where the price initially surged then corrected itself, reflecting the market's reassessment of the company's future profitability.
The situation described with Dover Lumber's stock price fluctuation following the CEO's resignation is an example of an over-reaction and correction. Initially, the stock price increased from $17 to $23 a share, suggesting that investors believed the change in leadership might lead to a more profitable future for the company. However, the following day, the price adjusted to $21 a share and stabilized, indicating that the market corrected itself after the initial over-reaction to the news of the CEO's resignation. This correction reflects the market's reassessment of the company's prospects post-announcement.
Stock market dynamics often involve rapid adjustments to new information, where prices can initially overreact before settling at a new equilibrium. This case is a textbook example of how speculators and investors interpret and react to corporate news, contributing to stock price volatility based on their perceptions of future profitability and management effectiveness.
In qualitative research, the interpretation of data and its analysis emerge at what point in the research process? a. during initial stages of fieldwork b. while writing accounts of the data c. before entering the field d. while writing jottings
Answer:
Option B.
Explanation:
Qualitative Research refers to a primarily exploratory research which is used in gaining an understanding about underlying reasons, opinions, and motivations. It is used in providing insights into the problem or helps to develop ideas or hypotheses for potential quantitative research.
The analysis of qualitative research notes begins while the account of the data is being taken, usually on the field, and at the time of observation, interviewing, or both. This is done as the researcher identifies problems and issues that will likely help in understanding the situation.
An important step in the analytic process can be by simply reading the notes or transcripts.
in class, we considered the issue of the "intensity of distribution." A concern we have is "how many" outlets should we have. The "correct" answer offered in class was: a."whatever it takes." b."just enough to meet the desires of the target market," anything else is waste. c.that you can never really have too much distribution for your products (or services). d.to have distribution "through every reasonable outlet in a market." e.to distribute through an exclusive dealership.
Answer:
b."just enough to meet the desires of the target market," anything else is waste.
Explanation: A Distribution Network is an interconnected Distribution centres or channels which are used for the transfer of materials from one point to another,a Distribution centre links up smaller retailers, wholesalers,customers etc
The intensity of a Distribution network or process should be made in such a way as to be enough to meet the desires and needs of the customers, there will not be any need to make more Distribution centres Available,as it will amount to waste of Resources.
Define a binary variable as ecobuy = 1 if ecolbs > 0 and ecobuy = 0. in other words, ecobuy indicates whether, at the prices given, a family would buy any ecologically friendly apples. what fraction of families claim they would buy ecolabeled apples? answer
Your question is not complete but from the information I sourced for, there are total 660 families and 412 families claimed they would buy ecolabeled apples.
Answer:
0.6242 fraction of families claim they will buy ecolabeled apples
Explanation:
When a binary variable ecobuy is defined such that ecobuy = 1 if ecolbs > 0 else ecobuy = 0.
Out of 660 families, there are 412 families who claimed they would buy ecolabeled apples.
The fraction of families who claim they would buy ecolabeled apples is therefore calculated as follows; 412/660 = 0.6242 fraction of families.
In percentage; 0.6242*100 = 62.42% of families.
That means 62.4242% of families claimed they would buy ecolabeled apples.
The fraction of families that claim they would buy eco-labeled apples can be determined by dividing the number of families where the binary variable is 1 by the total number of families.
Explanation:The fraction of families that claim they would buy eco-labeled apples can be determined by calculating the proportion of families where ecolbs are greater than 0. Based on the given binary variable ecobuy, we can assume that ecobuy = 1 when ecolbs > 0 and ecobuy = 0 otherwise.
To calculate the fraction, we need to divide the number of families where ecobuy = 1 by the total number of families. Let's say there are 100 families in total with ecobuy information. If 60 families have ecobuy = 1, then the fraction of families claiming they would buy eco-labeled apples would be 60/100 = 0.6, or 60%.
Therefore, the fraction of families that claim they would buy eco-labeled apples is 0.6 or 60%.
Learn more about Binary variable here:https://brainly.com/question/15146610
#SPJ3
What is a similarity between trade sales promotion and consumer sales promotion?
Answer:
Both focus on providing incentives to consumers or wholesalers to make an immediate purchase.
Explanation:
Trade sales promotion serves a purpose of taking products out of warehouses to points of retails where consumers can make purchases. The consumer sales promotion pulls customers into retail stores to promotional display units, giving shoppers the incentive to make an immediate purchase.
The Consumer sales promotion and trade sales promotions share a similarity. They are both used in helping to drive short-term consumer demand for products by giving consumers or wholesalers the incentive to purchase now or incentive to make an instant payment.
If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates across the country, the loanable funds market will experience an increase in the _____ loanable funds and _____ in equilibrium interest rates. supply of; an increase demand for; an increase supply of; a decrease demand for; a decrease
Answer:
supply of; a decrease
Explanation:
If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates across the country, the loanable funds market will experience an increase in the supply of loanable funds and a decrease in equilibrium interest rates.
Shortly after she landed a corporate-level job at InfoBasis, Tonya Kennel formed a women’s leadership group to help women advance within the company. Membership within the group was voluntary and open to women with a desire to advance in the company. Tonya’s group can best be described as a(n):
A. focus group
B. network group
C. self-help group
D. diversity team
E. multicultural team
Answer:
B. Network Group
Explanation:
Network group involves a group of people (who may not necessarily share thesame common identity) that comes together with the aim of developing one another to achieve individual growth. In this case, Tonya formed a network group in her new workplace made up of women like her who are interested in advancing career wise in the company.
Final answer:
Tonya Kennel's group at InfoBasis is a network group aimed at helping women advance within the company by providing support and discussing strategies for professional growth.
Explanation:
Tonya Kennel's women's leadership group at InfoBasis, which was created to support women's advancement in the company, can be best described as a network group. The group is voluntary, open to women aspiring for professional growth, and serves as a platform for discussing mutual problems, strategies for advancement, and providing support to one another. This aligns with initiatives seen in other companies, where networking opportunities and interest groups help address concerns such as male-dominated cultures, lack of networking, and work-life management challenges.
Seadrill Engineering licensed software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. The total transaction price is $420,000. Based on standalone values, the company estimates the consulting services and support have a value of $120,000 and the software license has a value of $300,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes
Answer:
The multiple choices are:
a credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
a credit to service revenue of $120,000.
a credit to unearned service revenue of $120,000.
a credit to sales revenue of $300,000.
The correct option is A,credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
Explanation:
The revenue relating to the license of $300,000 has been earned since Seadrill Engineering has provided the software to the client but would render the consulting services in the future,hence the revenue relating to consulting would be deferred till the services are provided.
The correct option is A,credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
While the entire cash of $420,000 is debited to cash account
Skaredykat Inc. is considering initial expansion beyond its home market. The firm has decided not to enter markets that differ greatly from its home market, instead expanding within the twelve-nation region that includes its home country.
a. The firm is not engaging in international trade.
b. The firm is using a regional approach to international expansion.
c. The firm will not be able understand the cultures, legal, and social norms of this market.
d. Skaredykat is a scaredy-cat.
Answer: (B) The firm is using a regional approach to international expansion
Explanation:
The Skaredykat Inc., is one of the firm which is using a regional approach or strategy for the international expansion purpose beyond its actual home market.
A regional approach is one of the type of business strategy that helps in boost the performance of an organization and it is typically used in the global initiatives.
According to the given question, The firm is using the regional approach for the purpose of international expansion that also include its home country and by using the proper business planning and also strategies we can easily expanding the business into international level.
Therefore, Option (B) is correct answer.
A PR firm in Chicago explores census data, reads market research reports,searches for blogs or news stories on the Web, or reviews research from past case studies to research trends in teen clothing. This type of research is an example of __________.a. Public researchb. Secondary researchc. primary researchd. tertiary research
Answer:
b. Secondary research
Explanation:
Based on the scenario being described within the question it can be said that this type of research is an example of secondary research. This is a research method that focuses on using already existing data in order to support the research by summarizing and organizing that data. Such as the PR firm is doing with the cencus data, in order to support the trends in teen clothing that they are researching.
Economic growth can be represented by Select one: a. an increasing equilibrium output level b. a rightward shift of an economy's short-run aggregate supply curve. c. a rightward shift of an economy's long-run aggregate demand curve. d. a rightward shift of an economy's long-run aggregate supply curve.
Answer:
d. a rightward shift of an economy's long-run aggregate supply curve.
Explanation:
Aggregate supply in economics, is the total amount of goods and services that firms or organizations in a country are willing to sell at a particular price range over a specific period of time. Aggregate supply curve gives the relationship between price level and production of an economy.
Graphically, economic growth can be represented by a rightward shift of an economy's long-run aggregate supply curve.
Economic growth can be represented by a rightward shift of an economy's long-run aggregate supply curve. This means the country's potential level of output has increased. Shifts of the other curves may not necessarily indicate economic growth.
Explanation:Economic growth in an economy can be represented by a rightward shift of the economy's long-run aggregate supply curve. This happens when there is an increase in potential output over time. The Long-Run Aggregate Supply (LRAS) curve represents a country's potential level of output when it is using all of its resources efficiently, including its labor, capital, and natural resources. If a country’s LRAS curve shifts to the right, this signifies that a country’s potential level of output has increased.
Meanwhile, a rightward shift of the short-run aggregate supply curve or the aggregate demand curve can be due to various other factors and are not necessarily indicative of economic growth.
Learn more about Economic Growth here:https://brainly.com/question/33408189
#SPJ6
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. How should Taylor accrue and/or disclose this potential loss?
Answer:
Disclose the contingency and state that an estimate cannot be made.
Explanation:
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. Taylor should accrue and/or disclose this potential loss BY DISCLOSING THE CONTINGENCY AND STATE THAT AN ESTIMATE CANNOT BE MADE.
Any attempt to improve managerial performance by imparting knowledge, changing attitudes, or increasing skills is called ________.
A. Human resource management
B. Performance enhancement
C. Management development
D. Talent management
Ron operates a garbage pickup business. he contracts to pick up garbage from an apartment complex for the next 52 weeks at a price of $150 per week. unexpectedly, the landfill center where ron takes the garbage to dispose of it, files for bankruptcy. as a result, ron must travel an additional 100 miles to the nearest landfill center, turning ron's expected profit into a loss of $40 per week. ron's best argument in support of his petition to be discharged from the contract is
Answer:
The options are given below:
A. the mail box rule.
B. commercial impracticability.
C. frustration of purpose.
D. true impossibility.
The correct option is B
Explanation:
Commercial impracticability refers to a situation whereby an event occurs which makes the performance of a contractual duty excessively burdensome, unbearably difficult, or extremely expensive, for the party committed to such performance.
As can be seen from the scenario given above, Ron will be incurring a loss of $40 were he to continue with the contract, this loss has rendered the contract commercially impracticable, and therefore, this will be Ron's best argument in support of his petition to be discharged from the contract.
Answer: His argument would be “Discharge by Frustration”
Explanation: There are basically four ways by which a contract can be discharged which includes;
Performance
Agreement
Repudiation and
Frustration
When a contract becomes impracticable from either or both parties to the agreement then it would have to be discharged. In this instance, it is not by agreement, there was no deliberate breach of contractual agreement, and neither is it because the terms of the contract have been fulfilled, but rather because some current unforeseen circumstances have made it impossible for the terms to be fulfilled.
There was an unforeseen event that prevented Ron from continuing with the contractual relationship with his clients, namely the relocation of the landfill to a farther distance. This is beyond his control and continuing with that arrangement would turn his expected profits into losses.
In order not to suffer avoidable losses and possible bankruptcy, Ron has the option of petitioning to be discharged from the contract on the basis of frustration of his efforts.
Ralph agrees to lease an apartment from Susan for one day to see Thomas, the president of the United States, deliver a speech in the street below. The speech is canceled three days before its scheduled date. The contract is:
A. discharged.
B. not affected.
C. postponed until another event is scheduled.
D. must be performed immediately.
Answer:
A, discharged
Explanation:
Since the speech to be seen is cancelled well ahead of the due date, then the contract between Ralph and Susan is discharged. There is no more speech to listen to and as such Susan can have her apartment back.
Cheers.
Which is an example of a cash flow from an operating activity? Payment of cash to lenders for interest. Receipt of cash from the sale of capital stock. Payment of cash dividends to the company’s stockholders. None of these answer choices are correct.
Answer: Payment of cash to lenders for interest.
Explanation: Cash flow from an operating activity is defined as a statement of the sum of cash revenues and expenditures over a period of time that explains the sources and uses of cash from ongoing regular business activities. Simply put, it is the amount of cash a business generates from revenues.
Paying cash to lenders for the purpose of profit is an example of generating revenue.
In a manufacturing company, the cost of factory labor consists of all of the following except __________.a. net earnings of factory workers. b. gross earnings of factory workers. c. employer payroll taxes. d. fringe benefits incurred by the employer.
Answer:
a. net earnings of factory workers
Explanation:
As the total factory cost is equal to the total direct material and plus the direct labour plus the factory overhead. The direct labour is involved in the production of the goods. And most of the labour production is needed to produce a minimum number of staffing to the production area and should be considered as an overhead cost with the unit of production. For an example of a worker is paid a free piece-rate wage this can be considered as direct labour for each unit of manufacturing.Final answer:
In a manufacturing company, the cost of factory labor includes net earnings, gross earnings, employer payroll taxes, and fringe benefits, but not the profits earned by the company, which are the outcome after labor and other production costs are accounted for.
Explanation:
In the context of a manufacturing company, the cost of factory labor includes various elements such as the wages and benefits paid to and on behalf of the workers. The cost of labor incorporates the net earnings of factory workers, gross earnings of factory workers, employer payroll taxes, and fringe benefits incurred by the employer.
However, the part of the costs that doesn't constitute a manufacturing labor cost is the profits earned by the company or any potential capital owners. Profits are what remain after deducting the cost of production, including labor, from the revenue generated by the sale of the goods. Therefore, profits are not a part of the labor cost; instead, they are an outcome of the production process that includes those labor costs.
The term wages in economics refers to the total compensation, which goes beyond mere cash payments to include various benefits. The cost of production in economic discussions is mainly centered around labor and wages. While tools, materials, and other resources are certainly part of manufacturing costs, they ultimately represent labor costs since their production also required labor.
On January 1, 2020, TigerKing Corp. issued $930,000 face value, 6%, 5 year bonds. The bond interest is paid on June 30 and December 31. The bonds sold for $1,013,538. When the bonds were sold, the effective rate of interest was 4%. Under the effective-interest method, what formula would you use to calculate total interest expense?
Answer:
the formulas used to calculate the interest expense:
interest amortization = (bond's market price or carrying value x effective interest) - (bond's face value x coupon rate) = premium on bonds payable (it is negative, so you must debit it)
interest expense = coupon rate + premium on bonds
in this case, the interest expense used to record the first and second coupon payments:
first coupon payment
($1,013,538 x 2%) - ($930,000 x 3%) = $20,271 - $27,900 = -$7,629
interest expense = $27,900 - $7,629 = $20,271
June 30, 2020
Dr Interest expense 20,271
Dr Premium on bonds payable 7,629
Cr Cash 27,900
second coupon payment
($1,005,909 x 2%) - ($930,000 x 3%) = $20,118 - $27,900 = -$7,782
interest expense = $27,900 - $7,782 = $20,118
June 30, 2020
Dr Interest expense 20,118
Dr Premium on bonds payable 7,782
Cr Cash 27,900
When the interest rate in the U.S. rises, U.S. financial assets: become less attractive to foreign buyers. become more attractive to both foreign and domestic buyers. become less attractive to both foreign and domestic buyers. become less attractive to domestic buyers and more attractive to foreign buyers.
Answer:
Becomes less attractive to domestic buyers and more attractive to foreign buyers.
Explanation:
When the interest rates rise, it attracts foreign buyers. This increases the demand and value of the United States dollar. lower interest rates is unattractive for foreign investment and decreases the value and demand of the dollar.
But on the other hand,a higher interest rate is unattractive to domestic buyers.
Answer the following:
a. A reduction in short-run aggregate demand likely causes a decline in real output, rather than the price level, because __________.
a. output is flexible downward.
b. output is inflexible downward.
c. prices are flexible downward.
d. prices are inflexible downward.
b. A full-strength multiplier applies to a decrease in aggregate demand when aggregate.
demand is vertical.
supply is horizontal.
demand is horizontal.
supply is vertical.
Answer:
a. A reduction in short-run aggregate demand likely causes a decline in real output, rather than the price level, because __________.
d. prices are inflexible downward.A decrease in the aggregate demand curve will cause a decline in output rather than price because prices are sticky, that means that they do not change that often and producers are generally not willing to lower prices, instead they are more willing to lower output.
b. A full-strength multiplier applies to a decrease in aggregate demand when aggregate.
supply is horizontal.The aggregate supply curve becomes horizontal at the price level where producers are not willing to supply products any more.
Two advantages of decentralization are that :
(1) managers are encouraged to not solve their own problems, but rather to ask for assistance as soon as possible, and (2) decisions are made more slowly, because they are discussed at a higher level of management.
A. True
B. False
Answer:
B. False
Explanation:
The decentralization is the process by which the activity of the organization especially those regarding the planning and the decision making are kept away from the central authority location or a group of people and is distributed equally. It has more advantages as its fast and less time consuming and is more participate in a diverse and efficient system of governance and conflict resolution. The pressure is equally and effectively distributed.Olive Inc., a chain of retail outlets, is converting its existing billing systems to a more robust online tool. In this process, the organization runs both the old and the new systems to compare their performances. In this case, the company is implementing the new system using ________ installation.A) parallelB) pilotC) plungeD) phased
Answer:
A) parallel
Explanation:
Based on the scenario being described within the question it can be said that the company is implementing the new system using parallel installation. This is a strategy in which a new system is slowly implemented in order for it to take over the role of the older system, but both run simultaneously in the meantime. Such as is happening with the new and old billing system in this situation.
Marian Company's net income is $200,000; between January 1 and June 30, the company had 450,000 shares outstanding. On July 1, the company reacquired 100,000 shares. Assuming no other stock transactions occurred, Marian will report basic EPS of:
Answer:
$.5
Explanation:
Net Income $200,000
Shares outstanding from Jan 1-June 30 450,000*6/12=225,000
Shares outstanding from Jul 1-December 31 (450,000-100,000)*6/12=175,000
Weighted average shares outstanding (225,000+175,000)=400,000
Basic EPS=Net income-preferred stocks dividend (if any)/Weighted Average shares outstanding=$200,000/400,000=$.5
Marian Company's basic EPS, given a net income of $200,000 and considering the share reacquisition, is calculated as $0.50 per share.
Explanation:The subject of this question is basic Earnings Per Share (EPS), a key business and financial concept. In this case, we'll break down the net income by the weighted average number of shares outstanding for Marian Company. For the first half of the year (January to June), there were 450,000 shares outstanding. However, on July 1, the company reacquired 100,000 shares. This means the weighted average shares outstanding for the year are calculated as:
(450,000 shares × 6 months) + (350,000 shares×6 months) = 2,700,000 + 2,100,000 = 4,800,000 shares on a monthly basis.To get the average on an yearly basis, we divide this by 12 months, so 4,800,000/12 = 400,000 weighted average shares for the year.Basic EPS is then calculated as net income divided by the weighted average shares outstanding, so $200,000/400,000 shares = $0.50 per share.Learn more about Basic EPS here:https://brainly.com/question/30404157
#SPJ3
In order to save time and resources they will print their currency on a heavy stock cardboard. The bills will be about the size of a business card so that the Newbian people will be able to easily carry it with them in their wallets. Why will the Newbie Nugget not function as a medium of exchange
Incomplete question
The missing part (which is the beginning)
The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbie Nugget (their new currency) in only 3 denominations of paper bills (100, 500 and 1000 Newbie bills) but no coinage.
Answer:
It is not easily divisible
Explanation:
Medium of exchange is any financial instrument of a standard value that is used to facilitate the exchange of goods and services .
In addition , to be qualified for a medium of exchange , the instrument must be generally acceptable , portable , divisible ,low cost of preservation and recognizable
Divisibility value of a medium of exchange is provided when it comes in lower denominations and coins
Because internals seem to have a greater belief that their actions have a direct effect on the consequences of that action, they likely would prefer and respond more productively to incentives such as merit pay or sales commissions.a.trueb.false
Answer:
True
Explanation:
Incentive compensation is a system designed to motivate and reward performance. The objective of incentive compensation is staff motivation.
Most organizations employ incentive compensation as a way of encouraging their employees to work, meet and exceed target required of them by the company.
Examples of incentive compensation are bonus or profit sharing, sales comission.etc
If employees know that their actions have a direct effect on the consequences of their action, they would increase their productivity due to severance packages attached to their output like bonus , commission etc.
BuyCostumes.com is the fastest growing Internet apparel company. Since their founding in 1999 they have experienced the challenge of an annual growth of 75%. This challenge is further complicated with over 50% of their annual sales occurring in 6 weeks.
CONCEPT REVIEW:
Operations planning is the key to success in BuyCostumes.com's challenging and complicated business. This planning begins with a successful sales forecast that takes into account company history, economic forecasts, industry and pop culture trends. The sales forecast enables customer service and the warehouse to determine their peak season staffing needs. Purchasing, warehousing and receiving must also plan with a focus on the peak Halloween season. The business is working to lessen the impact of the Halloween peak by expanding into party supplies and holiday decorations.
1. Which of the following is taken into account in forecasting sales?
A. Company industry, fashion trends, economic forecast
B. Company history, industry trends, weather forecast
C. Company history, weather forecast, economic forecast
D. Competitor's history, industry trends, economic forecast
E. Company industry, fashion trends, economic forecast
F. Competitor's history, fashion trends, weather forecast
G. Company history, industry trends, economic forecast
selectCompany history, industry trends, weather forecastCompany history, weather forecast, economic forecastCompetitor's history, industry trends, economic forecastCompany industry, fashion trends, economic forecastCompetitor's history, fashion trends, weather forecastCompany history, industry trends, economic forecast
2. In addition to historical data, which other factor is taken into account when forecasting sales?
A. Analysis of customer returns
B. Pop culture trends
C. Population growth
D. Customer surveys
E. Market research
F. Climate trends
selectAnalysis of customer returnsPop culture trendsPopulation growthCustomer surveysMarket researchClimate trends3.
Answer:
1. The correct answer is option (G) Company history, industry trends, economic forecast.
(2) The correct answer is option (B) Pop culture trends
Explanation:
Forecasting sales is an important strategy to any business organisation. It opens them up to opportunities in the market. Forecasting is done in order to increase sales of company's products ans also to develop a business. During forecasting, the history of the company is very important since it makes customers to be easily convince.