In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design school, craft apprenticeship programs, modeling agencies, and so forth, all exist to supply the clothing industry. This is an example of _______________ in Porter's national competitive advantage model.

Answer:

Violates unity of command

Explanation:

Willard will be in violation of unity of command because he has two reporting lines. To the the project manager and his quality department manager.

The conflict will become evident when there is a conflict between the two job roles. Willard is obligated to report to both managers and working with one of the manager's may conflict with his duties with the other one.

If a company does not intend to expand globally, but exports some products without customizing for international markets, it should organize around an exporting strategy. Thus, option (c) is correct.

What is company?

The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.

A company's export strategy focuses mostly on domestic markets. It has no plans to expand abroad, but it does export some products to international markets without customizing them. Goods are manufactured in the nation of origin. Exporting may be profitable for many types of enterprises.

As a result, the company does not intend to expand globally it should organize around an exporting strategy. Therefore, option (c) is correct.

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Answer: Goal acceptance

Explanation:

Most times in organizations, it is the people in leadership positions who set and manage goals for the employees and it is rare for staff to be part of the goal setting process,

Such employees are sometimes not sure of what to do and how to achieve the goals. Such employees are not in charge of their own responsibilities. Employee goal acceptance is when employees are just part of the process when making decisions even though the goals are set by the management.

Answer:

Goal acceptance

Explanation:

Goals setting means outlining the desired objectives to achieved by a business or an organization for the period. Organizations usually set goals at the beginning of each period or year. This will guide them throughout the course of the period should their be any deviation from these set goals.

When goals are spelt out and cascaded to lower cadre, the surbodinate must take ownership of the goals related to him or her. There must be commitment to the attainment of these goals by the surbodinate.

Managers have a duty to help and guide surbodinates reasonably so that they can accept the goals and make it their own. Where goals are not clearly spelt out or are ambiguous, it is the duty of the manager to help simplify and make it clearer for his surbodinate.

It is also imperative that surbodinates are involved in goal settings. Their involvement would bring internalization and drive essential to the attainment of these goals.

Based on the probabilities and returns, the following are true:

Expected return is the weighted average of probabilities and returns:

= (Probability of payoff x Payoff) + (Probability of second payoff x Second payoff)

= (70% x 20%) + (30% x -30%)

= 5%

Standard deviation requires that variance is calculated first:

Variance = ∑((Probability x Difference between return and expected return) )²

= ((70% x (0.2 - 0.05)) + ( 30% x (-30% -0.05)))²

= 0.0525

Standard deviation:

= √Variance

= √0.0525

= 0.023

= 23%

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The expected return for an individual firm is 5%. The standard deviation for the return on an individual firm is closest to 23%.

The expected return for an individual firm is calculated by adding the product of each possible outcome and its respective probability. For firm S and I, that would be (0.7 * 20%) + (0.3 * -30%) = 14% - 9% = 5%. Hence, 5% is the expected return.

Now, let's calculate the standard deviation. It gives us a measure of the variation or dispersion of the returns. First, we calculate the variance by squaring the difference between each possible outcome and the expected return, multiplying this by their respective probability, and adding these up [(0.7 * (20%-5%)^2) + (0.3 * (-30%-5%)^2)]. This results in 0.0525 or 5.25% when converted to percentage. The standard deviation is then found by finding the square root of the variance which is approximately 22.9% or closest to 23%.

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The Journal Entries from the above financial transactions are enumerated below.

1. The Journalized entries for transactions Jan. 1 through 9 are given as follows:

a. Cash | 40,000

  Owner's Equity | 40,000

b. Rent Expense | 6,000

  Cash | 6,000

c. Supplies | 3,200

  Accounts Payable | 3,200

d. Accounts Payable | 1,750

  Cash | 1,750

e. Cash | 18,250

  Fees Earned | 18,250

f. Automobile Expense | 1,880

  Miscellaneous Expense | 420

  Cash | 2,300

g. Salaries Expense | 5,000

  Cash | 5,000

h. Supplies Expense | 1,400

  Supplies | 1,400

i. Owner's Equity Withdrawal | 2,000

  Cash | 2,000

2. For T accounts, you'd list the date and transaction on the left side, and then the debit and credit amounts on the right side.

3. Here's how the unadjusted trial balance would look:

| Account                   | Debit ($) | Credit ($) |

|---------------------------|-----------|------------|

| Cash                      |           | 52,250     |

| Supplies                  | 1,800     |            |

| Accounts Payable          |           | 1,450      |

| Owner's Equity            | 36,000    |            |

| Fees Earned               |           | 18,250     |

| Rent Expense              | 6,000     |            |

| Automobile Expense        | 1,880     |            |

| Miscellaneous Expense     | 420       |            |

| Salaries Expense          | 5,000     |            |

| Supplies Expense          | 1,400     |            |

| Owner's Equity Withdrawal | 2,000     |            |

|---------------------------|-----------|------------|

| Total                     | 54,700    | 72,950     |

4. Determine the following:

a. Total revenue recorded in the ledger: $18,250 (Fees Earned)

b. Total expenses recorded in the ledger: $15,700 (Rent Expense + Automobile Expense + Miscellaneous Expense + Salaries Expense + Supplies Expense)

c. Net income for January: $18,250 (Total Revenue) - $15,700 (Total Expenses) = $2,550

5. Determine the increase or decrease in owner's equity for January:

Increase in Owner's Equity = Net Income - Owner's Withdrawal

                        = $2,550 - $2,000

                        = $550 (increase)

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This question involves journalizing transactions, posting entries to T accounts, preparing an unadjusted trial balance, determining total revenue, total expenses, net income, and the change in owner's equity.

1. Journal Entries:

Jan. 1

Jan. 2

Jan. 3

Jan. 5

Jan. 9

2. T Accounts:

Sharon Matthews, Capital

Rent Expense

Supplies

Accounts Payable

Service Revenue

3. Unadjusted Trial Balance:

Account TitleDebitCredit

Cash

40,000

Rent Expense

6,000

Supplies

3,200

Accounts Payable

5,950

Service Revenue

18,250

Sharon Matthews, Capital

40,000

4. Net Income:

5. Increase or decrease in owner's equity for January: 9,370 increase

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Answer:

Explanation:

At equilibrium market demand =market supply and there is no pareto improvement over the equilibrium.Pareto improvement is where somebody can be improved off without intensifying other.  

At equilibrium,total number of quantities that purchaser needs are equivalent to amounts which a providers needs to sell at a given cost  

It does not implies all people will have same pay and market cost can vary by over 5% if request or supply changes

Answer:

$6745

Explanation:

Given: Beginning inventory is 77 units at the cost of $19 per unit.

            Purchased inventory is 476 units at $19 per unit.

            Sales during the month is 355 units at $45 per unit.

Now, let´s find the cost of goods sold using LIFO method.

We know, LIFO method is Last in first out, which sell out inventory, which are most recently purchased. In a period of rising prices, LIFO inventory method tends to give the highest reported cost of goods sold.

As sales unit is 355 units.

Let´s take units from recent purchased inventory.

Cost of good sold= [tex]355\ units\times 19= \$ 6745[/tex]

Hence, the cost of goods sold using the LIFO method is $6745.

Answer: does not change, does not change, does not change, does not change.

Explanation: Keynesian transmission mechanism traditional state that, changes in money supply affect aggregate demand through changes in interest rate or exchange rate.

If the money supply increases the interest rate will "does not change", investment spending will "not change ", and the AD curve "not change", and the real GDP will "not change".

Answer:

Implied assumption of the risk

Explanation:

Implied assumption of the risk is the situation whereby the plaintiff underwent the full event with full knowledge understanding of the possible harm to him or herself and consent to the risk under those circumstances. In a baseball game, there's always a risk of the ball hitting the fans seated in the stadium. Each stadium going fan is aware of this risk and consent to it whenever the ugh choose to watch the game live from inside the stadium. Thus, the stadium would use the implied assumption of risk in winning a law suit that Racheal sues them for. Implied assumption of risk points to the fact that the individual voluntarily and knowingly assumed the risk present or associated with the activity.

Answer:

The answer is option (B) logistics management.

Explanation:

Logistics management is a business term that describes the process of organizing the flow of product, information and resources from a starting point to the endpoint in order to meet or fulfill customers expectations.

In other words, logistics management is all about processes involved in the acquisition, storage, management and transportation of products, information and resources to their final destinations from the point of origin (starting point).

Final answer:

To calculate the Cash Return on Assets for Lein, the operating cash flows are divided by the average total assets, resulting in a CROA of 14.12%.

Explanation:

The question is asking to calculate the Cash Return on Assets (CROA), which is a measure of a company's operational efficiency in generating cash from its assets. To calculate this, we first find the average total assets for the year, then divide the company's operating cash flows by this average. Lein's average total assets would be ($1.6 million + $1.8 million) / 2, which is $1.7 million. The CROA is then computed as $240,000 (operating cash flows) divided by $1.7 million (average total assets), giving us 0.1412, or 14.12% when converted into a percentage and rounded to one-tenth of a percent.

Answer:

On Edg, the correct answer to this is true.

Answer:

Diluted earnings per share (EPS) measures how EPS would be affected if all convertible securities are turned into common stock. As more convertible securities are turned into common stock, the EPS dilutes or decreases since net income must be divided by a larger amount of stocks.

In this case we are not told how many outstanding common stocks exist, but whatever the number, e.g. 50 million, the effect of the 2 million additional stocks given to the company's executives will reduce the EPS of all the outstanding common stocks. Current EPS = $175 million / 50 million = $3.50 per stock. With 2 million more common stocks, EPS = $175 million / 52 million = $3.37 per stock.

Final answer:

If executives receive additional shares of common stock, it would affect the calculation of diluted EPS by increasing the weighted average number of shares outstanding and potentially diluting the EPS.

Explanation:

The calculation of diluted earnings per share (EPS) takes into account the potential impact of potentially dilutive securities on the company's earnings per share. In this case, if executives receive 2 million additional shares of common stock, it would increase the weighted average number of shares outstanding and potentially dilute the EPS.

To calculate diluted EPS, you would add the additional shares received by the executives to the denominator of the EPS formula, which is the weighted average number of shares outstanding. This would result in a larger number of shares and, all else being equal, a lower diluted EPS.

For example, if the weighted average number of shares outstanding is 100 million and the net income is $175 million, the diluted EPS would be calculated as $175 million / (100 million + 2 million) = $1.73 per share.

Answer:

B. prices to have risen more than inflation, but they have not.

Explanation:

Natural resources are simply put, free gift of nature. They are naturally occurring resources that exists without the actions or manipulations of humans. The natural resources existing are either biotic or abiotic. Scarcity refers to limited resources. It's a phenomenon whereby there's shortage in the supply of resources or product. Just like every other resources, if natural resources becomes scarce, it obviously indicates a shortage in the supply of those resources leading to the expected increases in the prices of those resources. However, natural resources have not become scarcer.

Answer:

The price level will increase 20%. The right answer is B.

Explanation:

In order to calculate how much will the price level increase, we require to calculate according to the data we have the new price level.

Hence, New price level = 6 + [ (1 - 4 / 10) * 2 ]    

                                        = 6 + [ (1 - 0.40) * 2 ]

                                        = 6 + (0.60 * 2)

                                        = 6 + 1.20

                                         = $ 7.20

Therefore, the Increase in price level = (7.20 - 6) / 6

                                                               = 1.20 / 6

                                                                = 0.20=20 %

The price level will increase 20%.

Answer:

At face value

Explanation:

Short term notes are always recorded at face value, and that applies to both interest and non-interest bearing short term notes.

Non-interest bearing long term notes must be recorded at their discounted value, i.e. you must discount the long term note' face value by the discount rate used by the company.

Answer:

casual                  

Explanation:

Causal analysis, also termed causal analysis, is the study of the links between causes and effects. In order to identify causal link, it is necessary to identify differences in the variables that are believed to trigger the shift in another variables and then calculate the differences in the other.

This form of study is very complicated and the investigator could never be entirely confident that there are hardly any other variables affecting the causal link, particularly when working with the perceptions and motives of individuals. There are also psychological factors far deeper than even the participant might not be conscious of.

Answer:

C. A long run equilibrium position

Explanation:

An HCI metaphor that compares communicating with a computer to having a conversation or dialog The user makes a request of the computer, and the computer responds. Hence option D is Correct .

The screens that users will utilize and how they interact with other program components are defined by the revised boundary classes. Two metaphors are typically employed while creating user interfaces.

Dialog Metaphor is a method of user-system communication that involves the use of menus, function keys, or the entry of commands through a command line. Such a metaphor is frequently employed in the methodical approach to creating user interfaces that are displayed on terminals with character or text input.

System utilizing GUIs, or graphical user interfacesThese user interfaces are event-driven, meaning that they react when a user, let's say, hits a button. The user gets the idea that they are moving things around on the screen.

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Answer:

The correct option is A,an investment banker

Explanation:

Investment banks normally underwrites large issue of stock by buying the entire issue of shares at a discounted price to its face value and then selling them to individual or institutional investors at the face value,thereby making as a profit the spread between the face value and the discounted price.

The CFO would probably have to contact  a prominent investment bank that has, based on track record,handled similar transactions in the past and recorded high success rate.

Answer:

The external cost is the full price of the bottle ($5.50) plus all the other external costs that are born by the people affected by the chemical.

These external costs are: the health costs because of the lower quality of life that the people with respiratory problems have, and the costs for the healthcare systems, due to an increasing number of patients.

Answer:

Let the investment in first account be x and this account is earning 3.5% interest

So Interest on this account is 3.5% of x = 0.035x

So the investment in second account would be (1,000,000-x) and this account is earning 4.5% interest

So the interest on this account is 4.5% of (1,000,000-x) = 0.045*(1,000,000-x)

Given that total interest for the year is $42,000

So we have

0.035x + 0.045(1,000,000-x) = 42,000

0.035x - 0.045x + 0.045*1,000,000 = 42,000

-0.01x + 45,000 = 42,000

-0.01x = 42,000-45,000

-0.01x = - 3000

0.01x = 3000

x = 3000/0.01

x= 3,00,000

Therefore Investment in one account s 300,000 and the investment in other account is 1,000,000-300,000 = 700,000

Explanation:

Hope this helps

To determine the amounts invested in each account, we use a system of linear equations. By defining variables, setting up equations for the total investment and total interest, and solving the system, we find that $600,000 was invested at 3.5% and $400,000 at 4.5%.

To solve for how much was invested in each account earning 3.5% and 4.5% annual simple interest, we can set up a system of equations using the given information. Let's define x as the amount invested at 3.5% and y as the amount invested at 4.5%. The total amount invested is $1,000,000, so we have the equation:

x + y = 1,000,000 ... (1)

The total interest earned from the two investments is $39,000. The interest from the account invested at 3.5% is 0.035x and from the account at 4.5% is 0.045y, so we get the equation:

0.035x + 0.045y = 39,000 ... (2)

We can now solve this system of equations using substitution or elimination. Using substitution, we can express y in terms of x from equation (1):

y = 1,000,000 - x

Substitute this into equation (2):

0.035x + 0.045(1,000,000 - x) = 39,000

Simplify and solve for x:

0.035x + 45,000 - 0.045x = 39,000

-0.01x = -6,000

x = 600,000

Using the value of x we can find y:

y = 1,000,000 - 600,000

y = 400,000

Therefore, $600,000 was invested at the 3.5% rate and $400,000 at the 4.5% rate.

Answer: Corporation

Explanation:

Corporation is a form of business operation whereby the business is declared as a separate, legal entity which is guided by a group of officers that are called the board of directors. A corporation typically exists as a separate entity as it is separate from the owners of the business

corporations are their own legal owners control through the shares they have in the company. When incorporating, you will have the opportunity to state how many shares you own as the register of the corporation.

Corporations results in individuals working together to generate a profit and corporations, are also given additional benefits by the state.

Answer:

False

Explanation:

The reason is clear, that is the breach of the contract hasn't caused any harm to the medical group, because after the resignation of Dr. Wilson, Medical Group didn't had replaced Dr. Wilson with another Orthopedic Surgeon. As a result, the practicing of Dr. Wilson hasn't caused any financial loss to Medical Group. So the court will rule in the favor of Dr. Wilson.

Answer:

Option A. The costs needed to complete construction

Explanation:

The reason is that the harm that the Francis beared due to the unableness of the company GroundSwell to complete the construction of the swimming pool is the cost needed to complete the construction because it is the price that the company GroundSwell must pay to EquiAqua Inc. to complete the construction. So this amount required for the completion of the construction is the actual harm to Francis and is also claimable.

Answer:

Penetration Pricing Strategy

Explanation:

The reason is that the penetration strategy is used when the product that the company wants to offer to its customers has very little or no differentiation, which is the case here. It is also helpful in promoting the product as the product is sold at lower prices helps to attract potential customers to buy the product. So setting a penetration price is itself a promotion strategy as well.

Answer:

$7,400

Explanation:

The computation of the accrued Warranty Payable at December​ 31, 2019 is shown below:

= Opening balance in accrued warranty payable + warranty expense - defective products

= $1,100 + $19,100 - $12,800

= $7,400

We simply applied the above formula so that the Accrued Warranty Payable at December​ 31, 2019 could come

Answer:

a.

Explanation:

Based on the scenario being described within the question it can be said that it is evident that Sammy's Soups has a deep product line but a narrow product mix. This is because he only offers one category of items, which are soup making his product mix all but non-existent, yet he offers 27 different varieties of soup which makes his product line very deep.

Answer:

A. Deep product line but a narrow product mix.

Explanation:

From the scenario given, it can be inferred that Sammy's Soups markets one product, however, they have 27 different varieties of the product. This implies that they possess a deep product line but a very narrow product mix.

When a company or business possesses one or a few products but different varieties within the product, it is said to have a deep product line but a narrow product mix.

One major disadvantage of this is that when the need for the product reduces, it affects the company's profits drastically because it has only one product in the market in different forms.

Answer:

The correct answer is letter "A": such that the marginal physical product per last dollar spent on each factor of production is equalized.

Explanation:

The general concept of profit maximization relies on equalizing the marginal revenue to the marginal costs of a firm. The company selects the inputs necessary for production as well as the outputs that are likely to help to generate revenues at its maximum level. Inputs are hired in combinations when the last dollar spent on each input equals the marginal output.

Profit maximizing firms will hire inputs in combinations that equalize the marginal benefit from each input to its cost. This is not about minimizing input costs, but about maximizing the profit from each input.

A profit maximizing firm will hire inputs in combination such that the marginal physical product per last dollar spent on each factor of production is the same (principle of equi-marginal utility) or the marginal revenue products of each input are the same. This means that the firm will balance the costs and benefits of each input in such a way that no change in the input mix can further increase profit. The idea is to get the most output from the least cost. It's not about minimizing the cost of inputs, but rather about equating the marginal returns of each input to the cost of that input. So the correct answers are options A and B. For example, if a firm finds that hiring an additional employee generates more additional revenue than it costs, then it is profitable to hire that worker. But if the additional revenue from hiring one more worker is less than the cost, then it is not profitable to hire that worker.

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Answer:

self-managing team.

Explanation:

Harry is not a team player.