Use of checklists to improve outcomes.
While the list of snacks may seem oddly specific and asking for too much, it was actually a good way for the band to make sure all of their requests in the contract were being followed perfectly.
Tawstir corporation has 800 obsolete personal computers that are carried in inventory at a total cost of $1,100,000. if these computers are upgraded at a total cost of $40,000, they can be sold for a total of $750,000. as an alternative, the computers can be sold in their present condition for $690,000. the sunk cost in this situation is:
Answer:
The answer is "1,100,000".
Explanation:
A sunk cost refers to a cost that has just been incurred and in the given scenario, the original cost that is the carrying value and that cost is sunk cost. Remember that sunk cost is different from future cost.
Thus 1,100,000 is the sunk cost in this situation.
Final answer:
The sunk cost for Tawstir Corporation's obsolete computers is the original total cost of $1,100,000, which is a historical cost that cannot be recovered.
Explanation:
The sunk cost in this situation refers to costs that have been incurred and cannot be recovered. For Tawstir Corporation, the sunk cost is the original cost of the obsolete computers, which stands at $1,100,000. This cost remains the same regardless of whether the computers are upgraded or sold as they are. It's important to note that the upgrade cost or potential sales revenue does not affect the sunk cost, as these are future expenses and potential income, respectively.
_____ justice is based on the evaluation of outcomes or results of the business relationship.
a. egotistical
b. interactional
c. ethical
d. distributive
e. procedural
This is distributive justice by defition
The correct answer is 'distributive justice', which refers to fairness in the outcomes or results of a business relationship. It includes matters such as profit-sharing and benefits distribution.
Explanation:The correct answer to this question is d. distributive justice. Distributive justice refers to fairness in the outcomes or results of a business relationship, including profit sharing and benefit distribution. It's a key concept in business ethics and organizational management because it concerns the equitable allocation of rewards and costs among the participants of a business relationship.
This can range from how a company divides its profits among its stakeholders, to how societal resources are distributed in an economy.
By contrast, interactional justice pertains to fairness in interpersonal relationships, especially in terms of respect and kindness shown to others, while procedural justice is concerned with the fairness of processes and procedures themselves. Egotistical and ethical, options a and c, are not specific types of justice utilized in business or organizational models.
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Via the internet, rocky sabotages the computer system of quik chik'n company, a food manufacturer, with the purpose of altering the levels of ingredients of the company's products so that consumers of the food become ill. rocky is
The answer is a cyberterrorist.
A cyberterrorist is someone who willfully uses the Internet to create physical and psychological harm or disruptions to another individual or entity for their own gains, be it socio-politically or monetary motivated.
Cyberterrorists can be associated with a terrorist group or an individual acting alone such as Rocky in the example. They often employ known hacking techniques to achieve their goals.
A type of business risk that refers to problems within the business is called _____.
Operational risk, or risk that arises from the actual operation/course of running the business.
Final answer:
Internal risk in business refers to problems originating within the company, such as poor management, unproductive workers, or bad luck due to market shifts.
Explanation:
A type of business risk that refers to problems within the business is called internal risk. These risks can come from poor management decisions, unproductive workers, or failed business strategies. For instance, mistakes on the part of businessmen that lead to unsellable products because the costs to produce are higher than the market will pay can result in business losses, a shift in operations, or closure. Similarly, bad portfolio management or loss of corporate direction can also contribute to internal risks which may lead to a business failure. Additionally, uncontrollable economic risks like natural disasters, wars, or market shifts in demand and supply can create an environment where businesses struggle to survive.
Jeff is a financial advisor. he belongs to two different organizations for financial advisors, and he likes to go to their annual meetings. the financial organizations that jeff belongs to are examples of
Examples of secondary groups, which are formal but less personal groups that are goal oriented (in this case the goal is financial advisor learning).
Final answer:
Jeff belongs to professional associations which bring together individuals with shared interests, especially to advance their economic interests and represent them in their respective fields.
Explanation:
The financial organizations that Jeff belongs to are examples of professional associations. These are groups that individuals join to pursue shared interests or to gain intangible rewards. Jeff, being a financial advisor, likely attends these meetings to stay updated with industry standards, network with other professionals, and perhaps influence policies that affect his profession. Professional associations such as these work to advance the economic interests of their members and represent their interests in wider forums.
Just like the American Medical Association (AMA) for physicians or the American Bar Association (ABA) for lawyers, professional associations provide a platform for members to coordinate efforts, form productive networks, and advocate for their professional interests.
General mills actively researches people who don't buy their products to find out why they are not adopters. this practice is most likely to occur during which phase of the new product development process?
Answer:
The answer is idea generation.
Explanation:
Idea generation refers to the process of creating and developing ideas. During this process, General Mills would come up with ideas and test whether this product would interest people to buy it. At this step as well General Mills can explore why previous products did not succeed and strive to counter these obstacles in the future product.
The principles that you live by, such as integrity and honor, are called your _____.
The answer is ethics.
Your ethics are the principles that you live by and what guides your behavior.
When an organization is using concentration strategy, it will _____.A. have short-run pay levels below the marketB. have a long-term orientationC. make centralized pay decisionsD. maintain high variable pay levelsE. have benefit levels below the market
When an organization is using concentration strategy, it will C. make centralized pay decisions.
A concentration strategy is is when a business focuses on a single market or product for them to produce. They are producing and marketing only one product so they are able to become experts in that area. However, with the investment into just one area, there is a large amount of risk if they do not succeed.
When an organization is using concentration strategy, it will make centralized pay decisions. Option (c) is correct.
What do you mean by Strategy?Setting objectives and goals, choosing actions to attain the goals, and allocating resources to carry out the activities are all common components of strategy. A plan outlines the ways by which the outcomes (goals) will be accomplished (resources).
A concentration strategy is when a company concentrates on one specific market or product to manufacture. They can specialize in that sector since they only produce and promote one product. However, there is a considerable level of danger if they fail because they are investing in only one sector.
Therefore, Option (c) is correct. When an organization is using concentration strategy, it will make centralized pay decisions.
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Alan tells sherry that he will pay her $5,000 if she runs the boston marathon. once sherry starts running the marathon, alan ________.
alan cannot revoke the contract
When choosing an investment, you should consider risk. the four primary risk components are business failure, inflation, buying power, stock buying power, inflation, interest rate, market inflation, interest rate, business failure, market market, bond, stock, inflation stock, interest rate, market, buying power?
business failure, inflaction interest rate and market
When investing, consider risk factors like business failure, inflation, buying power, and market fluctuations. The interest rate on a bond has three main components, and investors must consider both the positive aspect of rates of return and the negative aspect of risk when choosing investments.
Explanation:When choosing an investment, one should consider various risk components. The primary risk components for an investment often include factors like business failure, inflation, buying power, and market fluctuations.
An investor who buys a bond expects a rate of return. This rate, however, can vary based on the riskiness of the borrower. The interest rate on a bond can be split into three components: compensation for delaying consumption, an adjustment for inflation, and a risk premium that takes into account the borrower's riskiness.
In making investment decisions, investors must consider both the rates of return and the associated risks. The rate of return is a positive aspect of investments, while risk represents a negative aspect. If an investment becomes riskier or provides a diminished return, investors will likely shift their funds to a less risky investment.
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Jenna brought in $25,000 to her startup firm at the beginning of the year. During the year, she withdrew $2,500 for her personal expenses. The business earned $10,000 at the end of the accounting period after paying off all its expenses. What is the value of Jenna's capital account at the end of the accounting year?
25000-2500=22500
22500+10000 =32500
Answer:
Total is $32,500
Blue rorschach inc. has an immediate requirement for 80 laptops and contracts with zenzo electronics for 80 osn laptops at $550 each. but zenzo electronics breaches the contract and fails to deliver the laptops. blue rorschach then immediately contracts dell computers, buys 100 laptops at $600 per laptop, and then sues zenzo electronics for the breach of contract. what remedy did blue rorschach exercise when contracting dell computers and suing zenzo for failure of delivery of goods
The remedy to recover. While Blue Rorschach did eventually get the needed laptops, they had to pay more when they went to Dell and so they could have the remedy of recovering the difference in the amount they were forced to pay due to the breach and the amount they expected to pay to Zenzo.
Arlina got a 5% raise while the rate of inflation was 6%. arlina's standard of living:
Her standard of living fell by 1%.
Even though she is making 5% more money with the raise, the costs of goods in the market has gone up 6% so she is able to by less.
Susie operates a restaurant in the ski resort town of asvail. she has decided to group her other expenses categories in terms of either fixed expenses or variable expenses. place an x in the variable expense column for those expenses that vary with sales volume. for expenses that do not vary with sales, place an x in the fixed expense column.
We could use more detail, but generally fixed expenes occur regardless of sales. Expamples of fixed expenses include rent or utilities. Variable expenes occur with every sale. Examples include food.
Final answer:
Susie is categorizing her restaurant expenses as fixed and variable. Fixed expenses do not change with sales volume, while variable expenses fluctuate depending on production levels. Understanding these differences is critical for managing business finances and determining production strategies.
Explanation:
Susie's decision to categorize her restaurant expenses as either fixed expenses or variable expenses is a common business practice for tracking costs in relation to sales volume. Fixed expenses are costs that do not change based on the volume of sales and are the same each period; these can include rent, lease payments for space and equipment, salaries of top management, and insurance premiums. Conversely, variable expenses fluctuate with the level of sales; some examples are the cost of raw materials, salaries for hourly production workers, and utilities, which go up or down based on how much production is happening at the restaurant.
Understanding the difference between fixed and variable costs is imperative for businesses, especially when they are not generating profit. It enables business owners to devise production strategies that may optimize profits or at least cover expenses. In the specific context of restaurant operations, variable expenses would likely include the cost of food supplies which vary with the number of meals sold, while fixed expenses would cover items like rent, which are due regardless of the restaurant's sales levels. However, it's important to remember that in the long run, all costs become variable; it's only in the short term that we categorize some costs as fixed.
If a 20 percent increase in the price of red bull energy drinks results in a decrease in the quantity demanded of 25 percent, the price elasticity of demand for those drinks is _____ elastic/inelastic
The correct answer is that the price elasticity of demand is elastic.
Price elasticity occurs when a change in price results in a change in demand. In this example, a 20 percent increase in the price of the drinks resulted in a 25 percent decrease in the demand for the product. Because the price increase resulted in a demand decrease the price is elastic.
Georg, a german citizen, just purchased 10 shares of stock in microsoft, a u.s. company. this purchase is an example of
Foreign portfolio investment, which is simple people in one country investing in the assets of another country.
Which of the following statements is not true about group development?A. All the stages of group development are not necessarily of the same duration.B. All the stages of group development are not necessarily of the same intensity.C. Tuckman's theory of group development stages has been strongly supported by empirical testing.D. Effective groups and teams go through a maturation process.E. The storming stage may be particularly long, depending on the goal clarity and commitment and maturity of members.
The correct answer is choice C.
Of the five available options, the only one that is not true is choice C. Tuckman’s theory of group development stages states that groups progress through five stages: forming, storming, norming, performing, and adjourning, but these stages have not been strongly supported by empirical testing.
The incorrect statement is that Tuckman's theory of group development stages has been universally supported by empirical testing. Group development stages vary in duration and intensity, and effective teams undergo maturation, but Tuckman's stages are not empirically supported.
Explanation:The statement that is not true about group development is C. Tuckman's theory of group development stages has been strongly supported by empirical testing. While Bruce Tuckman's model of the stages of group development, including forming, storming, norming, and performing, is a well-regarded conceptual framework, it has not been universally supported by empirical research. Instead, group development can be far more fluid, without clear-cut stages that all groups uniformly experience.
It is accurate that all the stages of group development are not necessarily of the same duration (A) or intensity (B), as each group’s dynamics are unique. Furthermore, effective groups and teams do go through a maturation process (D), improving and evolving over time. It is also true that the storming stage can vary in length depending on several factors (E).
How do i solve this celia works as an articling student with a large law firm. her wage increased from $30 per hour to $40 per hour. she can work up to 40 hours each week?
If she works for 40 hours per week at $40 per hour her gross pay will be 40*40= $1600. Gross pay is the amount received before taxes.
If she works for 40 hours per week at $40 per hour her gross pay will be 40*40= $1600.
What is problem-solving?
Problem-solving is the act of defining a problem; figuring out the purpose of the trouble; identifying, prioritizing, and selecting alternatives for an answer; and imposing an answer.
What are problem-solving and examples?Problem-solving starts with identifying the issue. As an example, a trainer may need to parent out a way to improve a scholar's overall performance on a writing talent test. To do that, the instructor will overview the writing exams looking for regions for improvement.
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Is the establishment of the 200-mile limit a sufficient form of government intervention to ensure that the "tragedy of the commons" does not occur for fisheries within the 200-mile limit? why or why not?
The 200 mile limit only applies to fishermen from forgein lands. The limits don't apply to native fishermen so the tradgedy of the commons could still occur.
In 1990, the cost of tuition at a state university was $4300. the tuition increases at a rate of 4% each year.
a. how much would it cost to attend the university in 2010
With an annual increase of 4% each year compounded, tuition would cost 9,421.83.
Discuss motown production techniques as applied to motown girl groups of the 1960s, including specific artists and performance/non-performance elements. you'll need 150-200 words at least to cover the topic briefly but thoroughly.
Motown records was created by Berry Gordy Jr. who is an American record executive, record producer, song writer, film producer and television producer. The Motown record company played a very important role in the racial integration of popular music as an African-American owned label that got crossover success. Motown was the most successful record label of soul music. Motown producers believed "resolutely" in KISS principle (keep it simple stupid) and they used Pop production techniques such as the use of orchestral string sections, charted horn sections, and carefully arranged support vocals. Complex arrangements and melismatic vocal riffs were avoided.
List at least 3 risks your company will face , and explain how you will manage those risks
There are many risks that businesses face, including:
Competition risk - there could be another business that draws customers away from your company. Economic risk- if the economy is doing poorly, it could increase costs or reduce sales Reputation - if someone posts a bad review online, how will that effect your sales? Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rulesResources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)Three risks a company may face are market risk, operational risk, and reputation risk. They can be managed through strategies such as regular market analysis and system audits, proper internal procedures, and ethical business practices.
Explanation:There are numerous risks a company might face, but let's focus on three of them: market risk, operational risk, and reputation risk.
Market Risk: This is the risk that the company could suffer losses due to fluctuations in market variables such as interest rates or exchange rates. To manage this risk, the company needs to perform regular market analysis, keep track of global economic indicators, and use strategies such as hedging.Operational Risk: Operational risk involves losses caused by inadequate or failed internal processes or systems. The company can manage these risks through implementing proper internal controls and an effective risk management system, regular system audits, and staff training.Reputation Risk: This is the risk of damaging the reputation of a company which may result in loss of customers or revenues. Creating a strong PR strategy, giving quick responses to issues, and maintaining ethical business practices helps manage reputation risk.Learn more about Company Risk Management here:https://brainly.com/question/32599882
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_____ place a high value on money, so linking training to monetary incentives facilitates learning for them.
Millennials place a high value on money, so linking training to monetary incentives facilitates learning for them.
Your paycheck varies directly with the number of hours you work each week. one week you worked 20 hours and received $110 as your gross salary. in this direct variation problem, what is your constant of variation?
The constant of variation the question is asking for is basically your hourly rate. You get $110 for working 20 hours, so set up a proportion like this: 110/20 = x/1 where x is the amount you earn per hour of working. Use algebra to solve: 110 = 20x → x = 5.5 which means that your hourly rate (or constant of variation) is 5.5 (or $5.50)
What is the value of the real-time feedback of customer comments? check all that apply. they let companies ignore customer complaints while appearing to be receptive. they can expose product flaws. they can improve operating instructions. they can help clear up supply chain bottlenecks. they offer customers a venue for product trolling?
they can expose product flaws. they can improve operating instructions. they can help clear up supply chain bottlenecks.
When joe didn't have car insurance, he drove very cautiously, because he knew he would have to pay for any damage to his car. now that he has car insurance, he tends to speed more, because he knows that even if he gets into an accident, his insurance will cover it?
This is an example of a moral hazard, which is when someone is more likely to engage in dangerous behavior when they perceive that they are protected from the consequences.
The concept where Joe drives more recklessly after getting car insurance is known as moral hazard. It implies that the presence of insurance can lead to riskier behavior, as the financial responsibilities in the event of an accident or illness are mitigated by the insurance coverage. Consequently, this can affect insurance premiums and individuals' decision-making processes.
Moral Hazard and Car Insurance
The phenomenon where Joe tends to drive more recklessly after getting car insurance is known as moral hazard. This concept illustrates how individuals may engage in riskier behavior because they feel protected by insurance. For instance, with health insurance, people might not be as proactive in preventing illness, or with car insurance, they might not be as careful on the road. Similarly, a business might opt for minimal security systems if they have ample insurance against theft and fire, as opposed to taking stringent measures when uninsured. In the broader context of insurance premiums, if there's a higher likelihood of dealing with uninsured motorists, the insurance companies might increase premiums, anticipating higher average payouts per accident. This can lead to a cycle where high insurance cost contributes to more uninsured drivers, which in turn pushes premiums higher.
Overall, having insurance changes the decision-making process, influencing individuals to make different choices regarding car maintenance, driving habits, or even lifestyle choices in the case of health insurance. Therefore, while insurance provides vital financial protection, it can also unintentionally encourage less cautious behavior.
Which of the following characteristics is a disadvantage of cloud-based hosting?
A) It involves significant requirement of capital.
B) It involves high annual maintenance costs.
C) It involves high dependency on vendor.
D) It involves high ongoing support costs.
The correct answer is choice c, it involves high dependency on vendor.
Cloud-based housing involves a business having its information stored on remote servers hosted on the internet, rather than having it in-house on their personal computers or servers. While their are many advantages of this, the biggest disadvantage is that there is a high dependency on the vendor that you use.
The disadvantage of cloud-based hosting is high dependency on the vendor, which can lead to downtime, data breaches, and financial damage.
Explanation:The disadvantage of cloud-based hosting is that it involves high dependency on the vendor. When a company relies on cloud-based hosting, they are essentially outsourcing their infrastructure and data storage to a third-party vendor. This means that if the vendor experiences any downtime or issues with their servers, it could severely impact the company's ability to access their data or use their online services.
Additionally, the company is also dependent on the vendor to maintain the security and privacy of their data. If the vendor experiences a data breach or fails to adequately protect the company's information, it can lead to significant financial and reputational damage.
However, it's important to note that cloud-based hosting also offers several advantages, such as scalability, flexibility, and cost-effectiveness, which often outweigh these disadvantages.
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there is a difference between the income tax payable account and the income tax expense account in the financial statement of the sooners corporation which account attributes to this difference A. Depreciation
B. Petty cash on hand
C. Accounts payable
D. Size of land owned
C. Accounts Payable
Income tax expense is the amount that your company calculates for taxes, whereas income tax payable is the actual amount calculated by the IRS that the company owes which is recorded as a liability in accounts payable until the tax bill is paid off.
The decision by one of the courtroom professionals to charge, or not to charge, a person with an offense is called:
This is the decision to prosecute.
District attorneys and other courthouse officials have to make the decision on whether someone who was arrested will actually be charged with a crime or not.
Answer:
Prosecutorial Discretion
Explanation:
Prosecutorial discretion deals with an officer deciding on what charges to bring up against an individual and how to pursue the case. The officer can also decide to drop and not pursue the case any longer.
It is the decision by one of the courtroom professionals to charge, or not to charge, a person with an offense.
As david approaches the counter at the department of motor vehicles, the clerk yells at david for having waited in the wrong line. david is convinced that the clerk should find another line of work-one in which his angry personality traits will not interfere with his job. however, david disregards the possibility that the department is short of help that day. david has just fallen prey to the _____.
Fundamental Attribution Error
This is the tendency for people to over-emphasize personality/attitude based explanations and under-emphasize situational/big picture explanations.
David's belief that the yelling clerk is inherently angry rather than considering situational factors like staff shortage is an example of the Fundamental Attribution Error. This is a common bias where personality traits are overemphasized and situational factors are underestimated when making judgements about others' behaviors.
Explanation:David has fallen prey to the fundamental attribution error, a concept in social psychology. This is a tendency for people to emphasize personality traits and underestimate situational factors when making judgements about the behavior of others. When the clerk yells at David, he immediately attributes it to the clerk being a naturally angry person, rather than considering external factors that could be causing the clerk's behavior, such as the department being short-staffed. He believes the clerk's action interferes with his professionalism, overlooking the possibility that situational factors could have influenced his behavior.
Here is an analogy to further illustrate the point: Picture a driver who cuts you off in traffic. Your first reaction might be to label the driver as reckless or inconsiderate. However, you might not take into account situational factors - perhaps they are rushing to the hospital or they didn't see your car in their blind spot. This is an example of fundamental attribution error, similar to how David approaches his judgement of the clerk.
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