Upgrading the POS system:
The price to upgrade the POS system at a neighbourhood petrol station will vary depending on the size of the station, the required number of registers, and the features wanted. A new POS system typically costs several thousand dollars, plus there are continuing costs for software and support.
However, the advantages of upgrading can include increased sales and inventory tracking accuracy, quicker transaction processing times, and the capacity to provide customers with more payment options.
Additionally, a new POS system may provide more powerful reporting and analytics tools, empowering station owners to make better commercial decisions.
Upgrading the gas pumps:
It may be more expensive to upgrade the petrol pumps at a neighbourhood petrol station than the POS system. The price of upgrading can run from tens of thousands to hundreds of thousands of dollars, depending on the quantity of pumps and the desired features.
However, advantages can also include increased safety features like leak detection systems and automatic shutoff valves, which can help the station save money over time on fuel costs.
A better customer experience and higher sales can result from upgraded petrol stations, which can also provide more payment alternatives and quicker transaction processing times. The precise needs of the petrol station and the available budget will determine the cost and advantages of modernising the petrol pumps.
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Suppose that Chickasaws articles of incorporation failed to describe the corporation's purpose or management structure, as required by state law. Would the court be likely to rule that Sharp is personally liable to Dancause on that basis? Why or why not?
The court may hold Sharp personally liable to Dancause if Chickasaws articles of incorporation did not comply with state law, but the decision would depend on the specific circumstances of the case.
It is possible that the court may rule Sharp personally liable to Dancause if Chickasaws articles of incorporation failed to describe the corporation's purpose or management structure, as required by state law, as it could be viewed as a failure to properly form and operate the corporation as a separate legal entity, potentially exposing its shareholders to personal liability. However, the court would consider all relevant facts and circumstances surrounding the situation before making a final determination.
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_______ is the thickness of a character’s outline.
Explanation:
it's called character width. hope this help ss
Evaluate which elements of the extended marketing mix are most important in meeting the specific requirements of the key customer segment.
The specific elements of the extended marketing mix that are most important in meeting the requirements of a key customer segment include:
Product Price Promotion Why are these elements important ?The product or service being offered must meet the specific needs and preferences of the target customers. This includes factors such as quality, design, features, and packaging.
The price of the product or service must be competitive and appropriate for the target customers. This may involve pricing strategies such as discounts, promotions, or bundling.
The marketing communication strategy must be tailored to the specific needs and preferences of the target customers. This may involve factors such as advertising, sales promotions, and public relations.
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The source of fashion
There are several sources of fashion including ;
Historical and cultural influencesIndividual creativity and expressionWhere does inspiration for fashion come from ?Fashion is deeply entrenched in intertwining cultural and historical eras, as evident from a diversity of global traditional attires and fabrics through to periods like the Victorian-age or 1960s influencing modern fashion.
Similarly, fashion serves as an avenue of expressing an individual's distinct taste and persona; popular figures such as celebrities and those in the media often shape up trends which people adapt accordingly.
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Whitley Construction Company is in the home remodeling business. Whitley has three teams of highly skilled employees, each of whom has multiple skills involving carpentry, painting, and other home remodeling activities. Each team is led by an experienced employee who coordinates the work done on each job. As the needs of different jobs change, some team members may be shifted to other teams for short periods of time. Whitley uses a job costing system to determine job costs and to serve as a basis for bidding and pricing the jobs. Direct materials and direct labor are easily traced to each job using Whitley’s cost tracking software. Overhead consists of the purchase and maintenance of construction equipment, some supervisory labor, the cost of bidding for new customers, and administrative costs. Whitley uses an annual overhead rate based on direct labor hours.
Whitley has recently completed work for three clients: Harrison, Barnes, and Tyler. The cost data for each of the three jobs are summarized below:
Job Direct Materials Direct Labor Hours Direct Labor Cost
Harrison $ 6,753 45 $ 15,367
Barnes 13,229 88 22,184
Tyler 42,338 133 49,654
Budgeted direct materials cost and direct labor cost for the year are estimated at $450,000 and $600,000, respectively. Direct labor hours are budgeted at 22,500 hours, and total overhead is budgeted at $495,000.
Required:
1. Calculate the total cost of each of the three jobs.
2. Suppose that for the entire year, Whitley used 23,800 labor hours and total actual overhead was $525,000. What is the amount of underapplied or overapplied overhead?
The total cost of the three jobs for Whitley Construction Company has been calculated as follows: Harrison - $7,995, Barnes - $16,985, and Tyler - $56,803. In addition, based on actual overhead of $525,000 and actual direct labor hours of 23,800, the amount of overapplied overhead for the year is $1,400.
The total cost of each job is calculated as follows:
Harrison: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $6,753 + $15,367 + (45 x Overhead Rate)
Barnes: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $13,229 + $22,184 + (88 x Overhead Rate)
Tyler: Direct Materials + Direct Labor Cost + (Direct Labor Hours x Overhead Rate)
= $42,338 + $49,654 + (133 x Overhead Rate)
Using the annual overhead rate based on direct labor hours, we can calculate the overhead rate as follows:
Annual overhead rate = Total overhead / Total budgeted direct labor hours
= $495,000 / 22,500 hours
= $22 per direct labor hour
Therefore, the total cost of each job is:
Harrison: $6,753 + $15,367 + (45 x $22) = $7,995
Barnes: $13,229 + $22,184 + (88 x $22) = $16,985
Tyler: $42,338 + $49,654 + (133 x $22) = $56,803
The amount of underapplied or overapplied overhead can be calculated using the following formula:
Actual Overhead - Applied Overhead
To calculate the applied overhead, we use the annual overhead rate based on direct labor hours to multiply the actual direct labor hours used for the year:
Applied Overhead = Annual Overhead Rate x Actual Direct Labor Hours
= $22 x 23,800 hours
= $523,600
Therefore, the amount of underapplied or overapplied overhead is:
Actual Overhead - Applied Overhead
= $525,000 - $523,600
= $1,400 overapplied overhead.
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Which social responsibility stance below did the business owner demonstrate?
The social responsibility stance that the business owner demonstrated was A. Proactive .
What is a proactive stance ?A proactive stance in social responsibility involves taking initiatives and actions to address social and environmental issues before they become problems or before there is pressure from stakeholders or regulatory agencies.
In this case, the business owner is taking a proactive stance by making a conscious decision to only use products that do not test on animals, even though there may not be any legal requirement or pressure from stakeholders to do so.
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The question is:
A business owner decides to only use products that do not test on animals.
Which social responsibility stance below did the business owner demonstrate?
A. Proactive
B. Defensive
C. Neutral
Ian is interested in purchasing bonds, but he is looking for bonds that aren’t related to the government. Which type of bonds would you suggest he purchase?
You Answered
treasury bonds
municipal bonds
Correct Answer
corporate bonds
general obligation bonds
CORRECT: corporate bonds
Corporate bonds are the best solution to the problem. This means that these bonds are being sold by a large corporation.
What exactly is a corporate bond?A corporate bond is a bond that a company issues to raise funds for a variety of purposes such as current operations, M&A, or business expansion. Longer-term debt instruments with a maturity of at least one year are typically referred to by the term. Commercial paper refers to corporate debt securities with maturities of less than one year. The term "corporate bond" is not defined precisely. The term is sometimes used to refer to all bonds other than those that governments issue in their own currencies.
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Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity? Continued 4. Take a case of one company or the company in which you are working, and then: Identify the outputs and inputs of the company Estimate yearly outputs and inputs identified either in value or volume Calculate single, multiple, and total factor productivity
Output divided by input is productivity. Calculate each store's labor productivity: The highest is 200 birr per work hour in Bale-Robe. We should anticipate a speculative company that creates technology.
The company's feedback data points may include labor hours, raw materials, and energy expenditures, and its outcomes may be calculated based on the number of products produced or the revenue generated from sales.
We would need to gather data on the organization's activities, such as the number of hours spent, the cost of unpolished components, and the absolute deal revenue, in order to evaluate annual sources of information and results.
The organization's single-factor efficiency (SFP) can then be calculated by dividing the outcome by a single piece of information, such as work hours or raw components.
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Throughout your life, your financial needs will
A. stay the same
B. be totally predictable
C. change
D. decrease
[tex]ANSWER[/tex]
Throughout your life, your financial needs will
change
~hope it helps :)
~ have an amazing day ahead ~
A project has an initial cost of $45,000. The incremental inflows associated with the project are $20,000 in year 1, $15,000 in year 2, $10,000 in year 3 and $8,000 in year 4. All cash inflows are at the end of the year. The appropriate discount rate for this project is 8.0%.
What is the project’s modified internal rate of return? Calculate to two decimal places.
a. 3.52%
b. 7.60%
c. 5.35%
d. 8.12%
Answer:
(b) 7.60%.
Explanation:
The project’s modified internal rate of return can be calculated using trial and error or by using financial software. Here's the solution using trial and error:
We can start by assuming a rate and calculating the present value of the incremental inflows. The present value of the inflows is calculated as follows:
PV = $20,000/(1+0.08)^1 + $15,000/(1+0.08)^2 + $10,000/(1+0.08)^3 + $8,000/(1+0.08)^4
PV = $49,915.41
If we assume a discount rate of 8.0%, the present value of the incremental inflows is $49,915.41.
Next, we can calculate the net present value (NPV) of the project using the assumed rate:
NPV = -$100,000 + $49,915.41
NPV = -$50,084.59
Since the NPV is negative, the assumed rate is too high. We can try a lower rate to see if the NPV becomes positive. Using the same process, we can calculate the NPV for different rates and find the rate that makes the NPV closest to zero. After some calculation, the modified internal rate of return (MIRR) is approximately 7.60%.
Therefore, the answer is (b) 7.60%.
When paying down your student loan, a good strategy to pay down the
principal is:
OA. paying less now and more later.
B. beginning payments less than six months after leaving college.
OC. paying more than the minimum payment each month.
D. making payments in monthly installments.
When paying down your student loan, a good strategy to pay down the principal is paying more than the minimum payment each month. Thus, option C is correct.
College graduates are finding it more difficult to purchase a home due to the load of student loans, and legislators are now debating solutions to the issue.
In the meantime, Americans must create a strategy for repaying their college debt since it is essential to their long-term financial stability. Your long-term financial stability depends on you creating a plan to handle your student loans. Know your debt balance and the conditions of your loan(s), evaluate the grace periods, and if it makes sense, look into consolidating your debt. As you work through your debt, pay off the loans with the highest interest rates first. You can accomplish your goals more quickly if you pay down your main balance and make automatic loan payments.
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define complements. define substitutions. explain the diffierence and how they work
A replacement good is one that fulfils the same function for customers as another item. When two goods are eaten together, the complementary item gives value to the other.
What is the difference between substitutes and complements?
Tea and coffee are two examples of substitute items that are independent of one another and may each be used to fulfil a specific need. Contrarily, complementary items that go together to meet a certain need, like bread and butter, are depending on one another.
A product or service that consumers may quickly swap out for another is referred to as a replacement. In economics, substitute items are frequently used when the demand for one product rises as the price of the alternative product rises.
Cross price elasticity is used to establish if products are complements or substitutes; if it is positive, the products are replacements, and if it is negative, the products are complements.
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what is persecution?
A: Extreme aggression
B: Light-Hearted teasing of a person
C: Extreme rudeness
D: Unfair behavior
E: Extreme violence
Answer:
A. extreme aggression
Explanation:
NEED ASAP!
Which 2 leadership styles promote teamwork
Answer:
Participative and Transformational
Explanation:
An participative leader is a good leader and empowers the team members to do their best and put goals on top. So, this type of leader promotes teamwork.
A transformational leader usually decides the roles of members and ways to monitor performance so that results are delivered.
1- The Net Operating Profit after Taxes (NOPAT) using the bottom-up method is provided by:
a. operating income minus tax benefit minus taxes as reported
b. operating income plus tax benefit minus taxes as reported
c. net income plus net financial expenses minus tax benefit
The bottom-up method yields the Net Operating Profit after Taxes (NOPAT) as follows: a. the reported operating income minus the tax benefit minus the taxes .
What Is the Net Operating Profit After Tax?A financial metric known as net operating profit after taxes (NOPAT) depicts a company's core operations, net of taxes, performance. NOPAT is a more accurate measurement of operating efficiency for leveraged businesses and is frequently used in economic value added (EVA) calculations. The tax savings that numerous businesses obtain as a result of existing debt are not included in NOPAT. A company's potential cash earnings if its capitalization were unleveraged, or devoid of debt, are referred to as its net operating profit after taxes (NOPAT). There are no one-time expenses or losses included in the figure; These do not accurately reflect an organization's profitability. Even though they may have an impact on the company's bottom line that year, charges arising from a merger or acquisition may not always provide an accurate picture of the business's operations.
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Question 3 (1 point)
Betty has a degree in wildlife conservation. She is passionate about preserving
habitats for endangered animals. What kind of company might want to hire Betty?
a farm in need of a dairy manager
a bald eagle sanctuary looking for a ranger
a pesticide company in need of a marketing person
a local food truck looking for a chef
Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that focus on environmental conservation. A farm in need of a dairy manager or a local food truck looking for a chef may not necessarily be the best fit for Betty's skill set and interests. hence the correct option B) bald eagle sanctuary looking for a ranger.
Betty's degree in wildlife conservation makes her highly qualified for roles that involve working with endangered species, researching wildlife populations, and identifying solutions to protect and conserve habitats. As such, organizations that work to protect and preserve habitats for wildlife, including national parks and conservation areas, environmental advocacy groups, and research institutions, may be interested in hiring Betty. Additionally, companies that specialize in sustainable agriculture or eco-friendly practices may also be interested in hiring Betty, given her expertise in wildlife conservation. Overall, Betty's degree in wildlife conservation and passion for preserving habitats for endangered animals make her a great fit for companies and organizations that prioritize environmental conservation. Her knowledge, skills, and passion make her an asset to any organization that is working towards protecting the environment and preserving habitats for future generations. Therefore the correct answer is option B) bald eagle sanctuary looking for a ranger
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It is January 2nd and senior management of Chester meets to determine their investment plan for the year. They decide to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assume the stock can be issued at yesterday's stock price ($38.45) and leverage changes to 2.7. Which of the following statements are true? Select all that apply.
A. total investment for Chester will be $207,586,970
B. Total liabilities will be $120,024,454
C. Chester will issue stock totaling $2,883,750
D. Working capital will remain the same at $16,588,390
E. Total Assets will rise to $220,846,541
F. Equity will be $84,678,765
Based on the information you provided, Chester’s senior management decided to fully fund a plant and equipment purchase by issuing 75,000 shares of stock plus a new bond issue. Assuming the stock can be issued at yesterday’s stock price ($38.45) and leverage changes to 2.7, we can calculate the following:
A. Total investment for Chester will be $217,192,866 B. Total liabilities will be $120,024,454 C. Chester will issue stock totaling $2,883,750 D. Working capital will remain the same at $16,588,390 E. Total Assets will rise to $235,535,291 F. Equity will be $97,511,437.
The term "stock" (sometimes known as "capital stock") is used in finance to describe all of the shares that comprise an entity's ownership. Particularly in American English, the word "stocks" is frequently used to refer to shares. Based on the overall number of shares, each share of stock represents a minuscule portion of the company's ownership.
The shareholder (stockholder) usually has a right to that portion of the company's revenues, proceeds from the sale of assets, or voting power after all senior claims, such as secured and unsecured debt, have been met. These rights are frequently distributed in accordance with the capital contributions made by each stakeholder.
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How is a cryptocurrency payment different from other digital transactions?
A. It uses biometric technology.
B. It requires voice recognition.
C. It does not have real-world value.
OD. It does not require a bank.
In contrast to other digital deals, Cryptocurrency is a digital payment that don't bear a bank. It's choice D.
Digital forms of money are motorized financial norms that application cryptography to get and check exchanges in an association. also, cryptography is used to manage and control the product of these currencies.
Cryptocurrencies include Ethereum and Bitcoin, among others. Cryptocurrencies may or may not be regulated, depending on the governance. Cryptocurrencies use a decentralized system to record deals and issue new units rather than having a centralized issuing or regulating authority.
Cryptocurrencies serve as both a currency and a virtual account system because they're translated. A cryptocurrency portmanteau is demanded to use cryptocurrencies.
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Kindly copy and answer it on a short bond paper.
1. What are the different forces of change in the workplace? Discuss.
2 Identify the ethical theories and behavior in the workplace Differentiate each.
3. Discuss how stress, and anger can be managed. How does it affect the workplace if not properly managed?
4. Discuss the steps in developing a teamwork environment in the workplace.
5. What are the negative effects of stress in the workplace? Positive effects?
1. The different forces of change in the workplace can be broadly categorized as
external and internal factors.2. Ethical theories and behavior in the workplace can be categorized into three main types:
deontological, consequentialist, and virtue ethics. What is external force of changeExternal forces of change may include technological advancements, changes in the economy or market conditions, globalization, and changes in government regulations.
Internal forces of change may include changes in organizational structure or culture, leadership changes, and changes in employee demographics or skillsets. The forces of change can impact the workplace by creating challenges, opportunities, and uncertainties that require organizations and employees to adapt and evolve.
3. Stress and anger can be managed through various techniques, such as mindfulness, exercise, and communication.
Mindfulness techniques, such as meditation and deep breathing, can help individuals manage their emotions and reduce stress.
Exercise can also help reduce stress and promote overall physical and mental health.
Effective communication can help individuals express their feelings and address issues that may be causing stress or anger. If not properly managed, stress and anger can have negative impacts on the workplace, such as decreased productivity, increased absenteeism, and reduced job satisfaction.
4. Developing a teamwork environment in the workplace requires several steps, including
setting clear goals and expectations,
building trust and communication, and
fostering a culture of collaboration and cooperation.
Clear goals and expectations help team members understand their roles and responsibilities and work towards a common objective. Building trust and communication involves encouraging open and honest communication, active listening, and respect for diverse opinions and perspectives. Fostering a culture of collaboration and cooperation involves recognizing and rewarding teamwork and encouraging a sense of belonging and community among team members.
5. Negative effects of stress in the workplace can include
decreased productivity,
increased absenteeism, and
reduced job satisfaction.
positive effects on the workplace, such as
increased motivation,
creativity, and
resilience.
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Samsung evaluation of AIS and the flow of accounting data?
Samsung's market capitalization as of April 2023 is $331.67 billion. According to our research, this places Samsung as the 24th most valuable corporation in the world by market valuation.
What is the quality of Samsung products?
Based on international norms like ISO 9001 and IATF 16949, Samsung has the greatest QMS in the world and is always improving to satisfy client needs. Both Samsung's domestic and international production facilities have received the ISO 9001 accreditation.
Multitasking. Multitasking abilities have long been cited as the main benefit of choosing Galaxy smartphones by Samsung devotees. Users of Galaxy smartphones have a multitude of alternatives for navigating between various apps thanks to the devices' clear, large displays.
Samsung is recognised as the leader in corporate reputation according to The Reputation Institute's RepTrak100 survey. This study defines corporate reputation according to numerous criteria, including corporate social responsibility, innovation, quality in products and services, and establishing a wonderful workplace environment.
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Icarus Airlines is proposing to go public, and you have been given the task of estimating the value of its equity. Management plans to maintain debt at 26% of the company’s present value, and you believe that at this capital structure the company’s debt holders will demand a return of 6% and stockholders will require 13%. The company is forecasting that next year’s operating cash flow (depreciation plus profit after tax at 21%) will be $64 million and that investment in plant and net working capital will be $26 million. Thereafter, operating cash flows and investment expenditures are forecast to grow in perpetuity by 4% a year. a. What is the total value of Icarus? (Do not round intermediate calculations. Enter your answer in millions rounded to the nearest whole dollar amount.)
The total value is $554.7
The company's equity is $410.5
What is a Company's Equity?Equity embodies the last remnants of a company's net assets after financial obligations have been sated. It can also assume the alternate term "shareholder's equity" due to its representation of company ownership in harmony with shareholders.
There are two valid methods of calculating equity: either by deducting liabilities from total assets or by consolidating share capital, earnings preserved, and other reserve items.
Within the domain of investors and analysts, equity holds significant value as it reveals critical insight regarding both the fiscal well-being of an establishment and its inherent potential for growth.
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Which of the following is a cost of charitable giving?
a provision of disaster relief by a charity
a tax incentive received from a donation to a charity
a sale of a donated good by a charity for cash
an amount of money provided in a donation to a charity
The cost of charitable giving would be the sum of money given in a donation to a charity among the alternatives. Giving items to a charity for sale or providing disaster relief may incur costs for the organisation, but the donor is not charged for these services.
In actuality, these initiatives reflect the advantages that contributors hope to obtain from their generous contributions. Option D is correct.
Similar to this, tax breaks may benefit the donor financially but do not incur a cost. Instead, they serve as a means of encouraging charitable giving by lessening the tax liability for the giver.
The amount of money the donor must forgo in order to make the donation, on the other hand, is the cost of charitable giving. Some contributors may have to make a sizable financial sacrifice because of this, especially if they are contributing a sizable portion of their salary.
The gratification of helping a worthy organisation and having a great impact on the world, however, can often outweigh the financial expense for many donors.
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Answer for lab Plato
* Who is the teen entrepreneur? Young people the age of 13 to 18.
* What makes this business successful? Useful for the community, solves their problems.
* How did the teens prepare for entrepreneurship?looked for solutions for people, requirements to start a business, get financially help from family etc.
* Where did they get startup money? Selling s service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* What was the motivation for starting a business? To overall help their community.
The teen entrepreneur are young people the age of 13 to 18.
This business is successful because it is useful for the community, solves their problems.
What are the responses to other questions?* The teens prepare for entrepreneurship by looking for solutions for people, requirements to start a business, get financially help from family etc.
* They got startup money from selling service to get paid, Crowdsourcing through Kickstarter could be an option, while parents and friends might help, too.
* The motivation for starting a business was too overall help their community.
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Identify which macro-environmental variables triggered the creation of McDonald's new business strategies.
Answer:more fries are being poidioned with poisin
Explanation:
Question 2 (15 Marks) King IV report on governance has elevated the prominence and importance of ethics to unprecedented heights. Provide a high-level analysis on how the adoption of the three ethics principle of the King IV code could have assisted Tongaat Hulett.
The code's guiding tenets are corporate citizenship, sustainability, and leadership. It holds that effective administration rests on morally upright leadership.
The King IV Code of Governance is governed by what rules?The necessary balance of expertise, skills, experience, diversity, and independence must exist for the governing body to effectively and honestly carry out its governance functions and obligations.
According to King IV, the Social & Ethical Committee is in charge of keeping tabs on issues like stakeholder engagement, corporate responsibility, organization ethics, and sustainability and reporting on them.
Are King IV's ideals still applicable today?Nonetheless, King IV's demand that they effectively defend their decisions forces governing bodies to show that they have paid some regard to the principle's purpose. By just obeying commands, which is considered automatic compliance, they are no longer able to disguise their identities.
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Which of the following statements about consumer sovereignty is true?
Consumers’ needs and wants dictate what goods and services producers provide.
Influence of consumers over government rules regulate the marketplace.
Conditions where buyers and sellers are willingly engaging in market transactions.
Consumers dictate the prices of goods and services.
The statement that is true of consumer sovereignty is A. Consumers’ needs and wants dictate what goods and services producers provide.
What dictates the products made ?Consumer sovereignty is the notion that the consumers are the predominant forces of the market economy and choose what products and services producers should provide in order to earn a profit.
In this way, if consumers cease buying something then the enterprises must conform their offers to fulfill the modified demand. This concept remains at the hub of economies based on the market and advances innovation and competition among firms.
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If the firm’s average cost curves are U-shaped, why does its average variable cost curve
achieve its minimum at a lower level of output than the average total cost curve?
The average fixed cost bend continues to fall as more results are produced, and average total cost equals approaches normal variable expense. Option B is correct.
The typical absolute expense is how much average variable expense and ordinary fixed cost. The typical fixed cost consistently diminishes all through creation with the decent contribution to the present moment. The typical variable expense initially decreases as the ascent progresses.
From that point forward, it diminishes to a base and afterward increments as creation increments further. When the average variable cost begins to rise after reaching its minimum point, the average fixed cost continues to decrease. Since the AVC, or a portion of the ATC, has begun to rise, the ATC continues to fall in tandem with the fall in the AFC, albeit at a slower rate.
The decrease in ATC continues at a certain output level. AVC rises faster than AFC falls after that point. The ATC begins to rise as a result.
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Complete question as follows:
If the firm's average cost curves are U-shaped, why does its average variable cost curve achieve its minimum at a lower level of output than the average total cost curve?
A. average total cost equals average variable cost plus average fixed cost, and the average fixed cost of production reaches its minimum at a higher level of output than the average variable cost curve.
B. average total cost equals average variable cost plus average fixed cost, and the average fixed cost curve continues to fall as more output is produced.
C. average total cost equals average fixed cost plus marginal cost, and the marginal cost curve continues to fall as more output is produced
D. average variable cost equals average total cost plus average fixed cost, and the average fixed cost of production is constant.
E. average total cost equals average variable cost plus average fixed cost, and the decrease in average fixed costs with output is always larger than eventual increases in average variable costs with output.
Production data for Joe's Pizza Parlor are as follows. For simplicity assume that labor is the only input. Each pizza sells for $5. Number of Workers Pizzas Baked Per Day 0 0 1 10 2 19 3 27 4 34 5 40 How many workers will Joe hire if he must pay each one $18 a day?
The number of workers that Joe will hire if he is supposed to pay every worker $35 per day would be: 2 workers
How to Find the number of workersGiven that,
No. of workers Pizzas baked every day
0 0
1 12
2 18
3 24
4 30
5 32
Price of pizza
given that the wage of one worker each day = $ 35
If we calculate,
Total revenue for different no. of workers = 0 60 90 120 150 160
Marginal revenue for varied no. of workers = 0 60 30 30 30 10
Marginal cost of labor = 0 35 70 105 140 175
Profit 0 25 20 15 10 -15
In order to get pay each labor $35 a day, Joe must hire 2 workers.
Thus, 2 workers are the correct answer.
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4). Compare and contrast the typologies of followership defined by Chaleff and Kellerman
Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers while Kellerman's typology, focus on how Followers can bring about change with respoect to their leaders.
What is Kellerman typology of followership?Barbara Kellerman, can be een as one that focus on the typology of followership which can be seen as one that focus on the level of engagement.
She focus on the good followers as actively supporting effective as wwell as good leaders and responding appropriately to bad leaders however Chaleff's typology, which can be seen in the "The Courageous Follower, which fous on the types of followers ..
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How does your personal core competencies help you create value for the business where you work, or your life? What can you do to expand or improve your core competencies?
A corporation can better deploy its resources by using its core capabilities. For instance, if a business does not care to turn particular duties into company strengths, outsourcing may make sense.
A company's competitive edge in the market is derived from its core capabilities, which set it apart from its rivals. Instead of physical or monetary assets, a company's set of abilities or knowledge in a particular field is typically referred to as its core competency.
Employees must possess certain competencies in order to perform their tasks effectively. A competent worker is more effective and improves the working environment.
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