Case study 5.1 Failure To Convince Others Of The Need For Change At AT&T, illustrates that it can be proved difficult to translate a need for a change into desire for change, especially at that point when a company has enjoyed a period of success.
What is Case Study 5.1 Failure To Convince Others Of The Need For Change At AT&T?Prior to the deregulation in the telecommunication sector, consumers were used to lease their mobile phone from the bell operating companies that were the part of the AT&T as they did not have another option.
These companies were monopolies and they were allowed to earn maximum return and profit on the assets of the consumers due to which AT&T was able to pursue high-reliability and high cost strategy for the production of its telephone.
After the deregulation, customer started to purchase their own telephones and attracted towards the low-cost strategy, which had drastic change over the AT&T. Due to which, managers planned to focus on the low cost strategy instead of the high-reliability. But they were unable to convince other that the change is necessary.
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Marco Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials used (in March) $ 26,000 $ 41,000 Direct labor used (in March) 22,000 15,000 Overhead applied (March) 11,000 7,500 Costs during April Direct materials used 137,000 220,000 $ 120,000 Direct labor used 102,000 153,000 100,000 Overhead applied ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process
Based on the cost of production by Marco Company, the overhead applied to the jobs are:
Job 306 - $51,000Job 307 - $76,500Job 308 - $50,000What are the overheads applied?The overhead applied for Job 306 in April is:
= Direct labor cost x 50%
= 102,000 x 50%
= $51,000
The overhead applied for Job 307:
= 153,000 x 50%
= $76,500
The overhead for Job 308:
= 100,000 x 50%
= $50,000
Rest of the question is:
Predetermined overhead rate is 50% of direct labor cost.
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Even though the trait approach to leadership has no empirical support, it is still widely used. In your opinion, why is this so?
Even though the trait approach to leadership has no empirical support, it is still widely used because it focuses on the leader and not on the followers or the situation .
What is trait theory of leadership ?The trait theory of leadership is a theory that focus on the certain inborn or innate qualities that is expected to be seen in a leader so that the leader can be able to deliver his role.
It list the characteristics that make someone a leader, which means it focus more on the leader than the situation, because as a leader, he must be able to handle the situation if he actually qualifies as a leader.
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Describe the agencies that ensure properties abide by regulations.
The agencies that ensure properties abide by regulations are known as regulatory agencies.
What are regulatory agencies?It should be noted that regulatory agencies are the independent governmental agencies that are established in order to set standards in a specific field.
In this case, the agencies that ensure properties abide by regulations are known as regulatory agencies.
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What is Globalization?
a.
None of the above
b.
The process of social, political, economic, cultural, and technological integration among countries around the world.
c.
When we all do the same thing
d.
The process of someone trying to take over the world
b. The process of social, political, economic, cultural, and technological integration among countries around the world.
Answer:
B. The process of social, political, economic, cultural, and technological integration among countries around the world.
Explanation:
Globalization essentially involves many people from around the world, of various social groups and culture types, engaging with each other (globally).
Company Q incurred manufacturing costs for the year as follows:
Direct materials Sh 10/unit
Direct labour sh 7/unit
Manufacturing overheads:
Variable sh 3/unit
Fixed Sh 7,500
Variable selling and administrative expenses sh 2,000
Fixed selling and administrative expenses sh 4,000
The company produced 1,500 units (the normal level of production) and sold 1,000 units at Sh 45 per unit. Assume that the production manager is paid a 15 per cent bonus based on the company’s net income.
Required:
(a) Prepare an income statement under absorption costing.
The Net income of the Income statement under the absorption costing equals Sh 14,000.
What is Direct materials?= 1,000 x 10
= Sh 10,000
What is Direct labor?= 1,000 x 7
= Sh 7,000
What is Variable manufacturing overhead?= 1,000 x 3
= Sh 3,000
What is Fixed manufacturing overhead= 1,000 x (7,500 / 1,500)
= Sh 5,000
Company Q
Income Statement
Revenue (1,000 x 45) 45,000
Cost of goods sold:
Direct materials 10,000
Direct labor 7,000
Variable Manufacturing overhead 3,000
Fixed manufacturing overhead 5,000 (25,000)
Gross Margin 20,000
Variable Selling and admin expenses 2,000
Fixed Selling and admin expenses 4,000
Total Selling and admin expenses (6,000)
Net Income 14,000
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If you need to have $800 in savings at the end of 4 years and your savings
account yields 5% annual interest, how much do you need to deposit today?
The amount needed to deposit is $658.16. The present value of cash inflows and outflows over time is called net present value.
What is a Present Value?The Present value is the current value of a future sum of money that has been discounted by a rate of return is called the present value. It informs you of the amount you'd have to put in today to earn a particular sum tomorrow. The difference between the present value of cash inflows and outflows over time is called net present value.
Given;
Future Value = $800
interest = 5%
Time = 4 years
Calculation of Present Value = Future Value divides by (1+interest)ⁿ
= 800/ (1+0.05)⁴
= $658.16
Thus, The Present value is the current value of a future sum of money $658.16 is needed to save to get $800 at the end of 4 years at the rate of 5%.
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A casino looking to employ someone to ensure that game procedures are followed and player disputes are resolved will need to hire
an exhibit manager
a gaming associate
a casino manager
a pit boss
A casino manager is responsible to look after gaming procedures and player disputes in a casino. Thus, the casino should hire a casino manager. Option C is the correct statement.
Who are called as casino managers?Managers or gaming managers who are in charge of the daily control of the gaming area, and overseeing the operation of the casino are called as Casino managers. These managers administer policies, monitor the gaming area, and guarantee compliance with regulatory requirements.
Thus, A casino manager is responsible to look after gaming procedures and player disputes in a casino. the casino should hire a casino manager. Option C is the correct statement.
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Answer:
it is pit boss other dude wrong just took test
Using another product , for example , bread or clay pots , explain , with simple illustrations , how division of labour or specialisation could be used to make the product .
Answer:
the labour forces can be divided like
resource gathers
finance department
marketing department
hygiene development department
West Co. recorded the following inventory information during the month of February:
Units Unit cost Total cost Units on hand
Balance on 2/1 800 $2 $1,600 800
Purchased on 2/8 1,000 3 3,000 1,800
Sold on 2/14 1,500 300
Purchased on 2/17 2,000 1 2,000 2,300
Sold on 2/23 1,600 700
Purchased on 2/28 800 4 3,200 1,500
West uses the FIFO method to cost inventory. What amount should West report as cost of goods sold at the end of February under each of the following methods of recording inventory?
Perpetual Periodic
A.
$3,900 $3,900
B.
$3,900 $5,900
C.
$5,900 $3,900
D.
$5,900 $5,900
The correct option is C. The valuation of the cost of goods sold which is recorded in its book as $5,900 and stock available for sale is $3,900 under the FIFO method.
Why is the FIFO method used for Inventory Valuation?FIFO will enable you to claim a higher average cost-per-piece on newer inventory, which can help you save money on taxes if your inventory costs are declining over time. Because it assumes that older products are no longer in use, FIFO does not necessitate as much documentation as LIFO.
Calculation Cost of Goods Sold (COGS) under FIFO Method:
COGS = 800 x 2 + 700 x 3 + 300 x 3 + 1300 x 1 =
COGS = $5,900
The calculation for Stock available for Sale:
Stock available for Sale = 700 x 1 + 800 x 4
Stock available for Sale = $3,900
Thus, the Cost of Goods Sold is $5,900, and the stock available for sale is $3,900 under the FIFO method.
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6. Please list and describe your current involvement in the community. Do you volunteer for any local agencies, participate in any events that benefit community members, or belong to any clubs or groups
there are 5 ways to participate in your community
1 volunteer your time
2 donate your resources
3 shop locally
4 join a class or group
5 support your local sports teams
6 organise your own event
Hope it is helpful
The ways to participate in the current involvement in the community is to volunteer the time, donate the resources, in a class or group, support the local sports teams and organize the own event.
What is the community?A community is a social unit that shares characteristics such as location, norms, religion, values, customs, or identity. Communities can share a sense of place in a physical location or in virtual space via communication platforms.
In 8th grade, a person joined the National Junior Honour Society, which taught a person how much volunteering benefits people. It held a haunted house at my school and raised funds for those affected by Hurricane Michael.
Therefore, the NJHS community helped a person realize his passion for helping others, which is why he joined this site.
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Algorithmic tasks are easier to automate than phronetic tasks.
,○ True
○ False
Algorithmic tasks are easier to automate than phronetic tasks. Therefore it's false.
What are algorithm tasks?It should be noted that algorithmic tasks simply means tasks where one follows a set of prices to achieve a result.
In phronetic tasks, the main goal is to clarify values as power as a basis for praxis.
In this case, it's complicated than algorithm task.
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what role do government agencies play in a mixed markey economy?
a. they run shipping companies and other sources of distribution
b. they own farms, factories, and other sources of production
c. they regulate some aspects of production and distribution
d. they employ most of the workers in the economic system
The role that government agencies play in a mixed markey economy is option a. they run shipping companies and other sources of distribution.
What are government agencies?
Governmental Agency is any department, board, commission, authority, organization, or instrumentality of the federal government, a state, a county, a municipality, or another political subdivision of a state that has executive, legislative, or judicial powers.
Some examples of government agencies are :
Central Intelligence Agency. Environmental Protection Agency. Federal Communications Commission.Federal Trade Commission.National Aeronautics and Space Administration.Government agencies run shipping companies and other sources of distribution. They run distribution channels and shipping firms. They possess factories, farms, and other manufacturing facilities. They control a few facets of distribution and production.
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Discuss the relationship between bond prices and interest rates. What impact do changing interest rates have on the price of long-term bonds versus short-term bonds? Your answer must be supported with examples and academic citations.
Interest rates and bond prices have an adverse correlation. Bond prices grow during periods of low-interest rates and decline during periods of high-interest rates.
What is the interest rate?The cost of borrowing and the rewards for saving are both indicated by the interest rate. Since there is a premium if the coupon rate is higher than the market rate, the bond's price will be higher. Bond prices will decrease if the coupon rate is lower because there will be a discount.
The price of long-term bonds is more affected by interest rates than the price of short-term bonds. A bond's price varies depending on how long it is.
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Less export more import is called
Answer:
A trade deficit occurs when a country's imports exceed its exports during a given time period. It is also referred to as a negative balance of trade (BOT).
According to this credit report, how many accounts has Lillie had sent to collections?
Answer:From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account. What is a credit report? This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.
Explanation:
how to calculate moving average method
Answer
A moving average is a technical indicator that investors and traders use to determine the trend direction of securities.It is calculated by adding up all the data points during a specific period and dividing the sum by the number of time periodsEffectiveness means:
Question options:
performing at the same level as accomplishing efficiency.
producing the desired result with a minimum of effort, expense, and waste.
performing a variety of tasks, being responsible to one or several managers.
producing a definite or desired result.
Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.
What is effectiveness?When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.
Hence, option B holds true regarding effectiveness.
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How effective was this solution? How did it affect
the way Kenya Airways ran its business and its
business performance??
CRM deals with methods, strategies and technologies that helps firms to manage and analyze customer interactions and I believe that this will be an effective solution for Kenya Airways business performance.
What was the relationship of customer relationship management to Kenya Airways?Every organizations is saddled with the aim of growth, development and to make profit.
Kenya Airways business performance using Customer relationship management (CRM) as a business strategy will help them to known more about their customer's life cycle and address key issue which will in turn make their airline run effectively.
The first part of the question is:
Short Case study: Kenya Airways Flies High with Customer Relationship Management
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A flatter, more horizontal demand or supply curve ____
A. Is elastic
B. Is inelastic
C. Has zero elasticity
D. Has price in elasticity
Question 1 (1 point)
Laurey's Pet Emporium purchased equipment on January 1 for $35,000. The equipment will be used for five years, after which the estimated
residual value will be $2,000. Using straight-line depreciation, what is the depreciation expense for the first year of the asset's life?
a
$7,000
The depreciation expense of the asset using the straight-line depreciation method for the first year will be $6,600.
What do you mean by straight-line depreciation?The most generally used and simple depreciation technique for allocating the value of a capital asset is known as Straight-line depreciation.
It is calculated with the aid of using sincerely dividing the value of an asset, reducing the amount of its salvage value, with the aid using the beneficial life of the asset.
As per the given information,
Depreciation expense = Asset price - residual value / useful life
Depreciation expense = $33,000 - $2,000/5
Depreciation expense = $6,600
Therefore, The depreciation expense of the asset using the straight-line depreciation method for the first year will be $6,600.
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ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
TAMI: Sure, Alberto, what’s up?
ALBERTO: Last week my sous-chef, Ricky, bought tomatoes that just weren’t ripe. It made me really angry. We’ll never keep our Michelin star unless we maintain the quality of our produce!
TAMI: Wow, Alberto, that sounds like a real problem. So you’re saying that Ricky bought tomatoes you couldn’t serve?
ALBERTO: Yes! And it’s not the first time...
TAMI: I’ll do something about this right away.
What component of reflective listening is missing from this conversation?
Affirming contact
Clarifying the implicit
Paraphrasing the expressed
Clarifying the implicit is the component of reflective listening missing from this conversation.
Affirming contact:
The goal of affirming contact is to convey attention and assurance rather than necessarily agreement.
hence in the coversation "Wow" and "Yes!" convey attention and displays affirming contact.
Paraphrasing the expressed:
It explains to the speaker what was heard, as well as what the listener's feelings and ideas were. utilize a follow-up query occasionally
Hence Paraphrasing the expressed can be seen in the conversation when TAMI said "So you’re saying that Ricky bought tomatoes you couldn’t serve?" where he rephrased to what ALBERTO said.
Clarifying the implicit:
It clarify any implicit portions of the message, which includes ideas and sentiments that are not fully or clearly articulated together with their openly declared message.
Hence Clarifying the implicit is missing from the conversation.
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What methods show the property sheet? Check all that apply.
The method that is showing the property sheet can be done by clicking the property sheet in the tools group under the tools group tab as well as pressing the F4 function key.
What is a property sheet?The property sheet is one of the applications of computers that allows the user to change the properties on the window at any time.
After clicking on the tools group tab in the tools section and then pressing the F4 function key, the property sheet can be created on the computer. It is basically the creation of a property sheet in an electronic format.
Therefore, the explanation in option B is the correct answer.
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(−2,6) and (−12,2)? Write your answer in simplest form.
The addition of the decimal number that's given will be -14.8
How to calculate the decimals?It should be noted that decimal numbers are the numbers that have a whole number and the fractional part is separated by a decimal.
In this case, the addition will be:
= -2.6 + (-12.2)
= -2.6 - 12.2
= -14.8
In conclusion, the correct option is -14.8.
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If bank borrows money from another bank rather than from the fed, the interest rate charged by the second bank is called the
The bank borrows money from another bank rather than from the fed, the interest rate charged by the second bank is called the interbank rate.
What is Bank?Bank refers to financial institutions that help people to borrow funds on credit and deposit and withdraw cash for use. These allow savings among people and helps in protecting the securities.
The interest rate applied to short-term loans made by banks to one another is known as the interbank rate. In the interbank lending market, banks borrow and lend money to one another in order to effectively manage stability.
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Guji company had the following amounts of assets and liabilities at the beginning and end of last year:
Assets Liabilities
Beginning of the year………………Br.75,000 Br. 30,000
End of the year….……………………120,000 46,000
Determine the net income or net loss of Guji for the year under each of the following unrelated assumptions:
Owner made no additional investment and withdrew no amount during the year
Owner made no additional investment but withdrew Br.17,500 to pay for her personal expenses
Owner withdrew no amount during the year but made additional investment of Br. 32,500 cash.
Owner withdrew Br.17,500 and invested Br.25,000 cash during the year.
$32300 is the net income of Guji for the year under each of the following unrelated assumptions.
Explanation:Total assets=Total liabilities +Total equity
Beginning equity=(231,000-96500)=$134500
Ending equity=(262,000-78400)=$183600
Ending equity=Beginning equity+Issue of common stock+Net income-Dividends
183600=134500+23500+Net income-6700
Net income=(183600+6700-134500-23500)
=$32300.
Thus, $32300 is the net income.
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if the present value of growing perpetuity is 214,the required rate of return is 10% and growth rate is 3%, what is cash flow in year1(round to nearest whole number) i
Answer:
15
Explanation:
PV= 214
rate of return 10%
(10+1)^1
11+3= 14
214/14= 15.2...= 15
What are a few examples and pros and cons of primary and secondary research?
Answer:
pros:
faster, more efficient, can be less expensive
cons: not specific for what you're doing [unless you're exactly repeating someone else's research, which would be pointless], you have to interpret the information
hope this helps! ^u^
Kegler Bowling buys scorekeeping equipment with an invoice cost of $165,000. The electrical work required for the installation costs $17,000. Additional costs are $3,400 for delivery and $11,865 for sales tax. During the installation, the equipment was damaged and the cost of repair was $1,600. What is the total recorded cost of the scorekeeping equipment?
The scorekeeping equipment amounted to $198,865 recorded as a cost of equipment.
What is an Equipment?The collection of items or physical resources needed to outfit a person or object, such as the tools utilized during a task or operation of sporting goods equipment, all of a corporate enterprise's fixed assets, except land and buildings.
The calculation for the Total recorded Cost
Invoice cost + Installation cost + Additional Cost + Delivey charges + cost of Repair
= 165,000 + 17,000 + 3,400 + 11,865 + 1,600= $198,865
The Total recorded cost is $198,865.
Thus, the total recorded cost consists of all the costs of equipment including the purchase price, applicable sales taxes, shipping charges, and any additional expenses for preparing the item for use.
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Hi,
I lead the Customer Support Team for the magazines category. Customer questions for one vendor have increased since the start of the promotional campaign. The campaign ended two months ago, but we are still getting many questions.
Can you help us understand why? The vendor’s performance metrics are below.
Thank you,
Carlos Henderson
Customer questions for one vendor have increased with the promotional campaign because it doesn't meet the customer satisfaction in terms of :
product satisfactionQualityCommitment to feedbackWhy do companies get so much question after promotional campaign ?Promotional campaign were to sensitize the potential customer about a particular product from a company so as to attract them to make a purchase.
However, this campaign should be able to tell more about the product up to some extent that they will get convinced about the product, failure of this will make the potential customer to inquire more out of doubt about the product and this will show in the Vendor performance metrics.
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Types of conclusion
In a nut shell, when you look
In a nut shell, when you look belongs to reflective type of conclusion. Hence, the type of conclusion in the phrase above is reflective conclusion. Read below about types of conclusion
What are the types of conclusion?Majorly, the types of conclusion include: embedded, retrospective, reflective, and projective forms are four main types of conclusions applicable for different academic papers when writing.
Therefore, the correct answer is reflective conclusion. This is so, because, the introductory phrase after the transitional marker signals reflection, 'when you look...' hence, the correct address is reflective conclusion.
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