When being interviewed during the gathering of a job analysis data, the job incumbent may provide exaggerated information about a job's complexity or importance. An incumbent is responsible for a particular office inside a corporation or government position. This person is in charge of the position or office he/she holds.
Nancy is the ceo of universal insurance. she is concerned that her company seems to be losing its competitive advantage to other institutions. she has been told that by implementing a program expanding the use of groups and teams her organization can become more competitive. discuss how this could gain or increase a competitive advantage and provide two specific examples from current events that support your conclusions.
Two or more people interacting with one another to achieve objective or goals is called a group. A group with members who closely work with each other to attain certain goals is called a team. People working in a group can produce greater and at a higher quality than working individually is called synergy is the advantage of using a group. Nevertheless, it will only be effective if the groups are made up of employees with interconnecting knowledge and skills that relates with the goal. A team formed from different group of employees can be beneficial to customers because there can be someone from the team can step in to help out even if one person may not have all the answers to help a customer and through this an issue can possibly resolved faster and in that way the customer feels better taken care of. Teams can also help spark new innovative products or ideas. An individual can come up with an idea, but being in a team the one idea can be into something more creative and profitable for the company. Groups and teams can also be good motivators. A team where there are highly motivated members, which will increase the satisfaction. This in turn will make happier employees, which will increase their production and gain competitive advantage overall.
Which replacement for the boldfaced words is best? barrigan was no fool. nevertheless, barrigan tried to repair the roof that the contractor had fixed foolishly.
a. barrigan foolishly tried to repair the roof that the contractor had fixed.
b. barrigan tried to repair the roof that the contractor foolishly had fixed.
c. barrigan tried to repair the roof that the contractor had foolishly fixed.
d. barrigan tried to repair the roof that foolishly the contractor had fixed?
Final answer:
The best replacement for the boldfaced words is Option C, correctly placing the adverb 'foolishly' to indicate the contractor's action was done foolishly, not Barrigan's. The use of 'foolishly' is grammatically sound and does not split infinitives, adhering to conventional sentence structure for clarity.
Explanation:
The best replacement for the boldfaced words in the given sentence is Option C, which reads "Barrigan tried to repair the roof that the contractor had foolishly fixed." This option correctly places the adverb 'foolishly' after the auxiliary verb 'had' and before the main verb 'fixed,' making it clear that it was the contractor's repair work that was done foolishly, not Barrigan's attempt at repairing it. Foolishly is an adverb formed from the root noun 'fool' with the suffix '-ish' to create the adjective 'foolish,' and the suffix '-ly' to form the adverb. The modifiers in this sentence structure are placed correctly to convey the intended meaning without confusing.
Ignoring the outdated rule against splitting infinitives, which suggests avoiding placing words between the marker 'to' and the verb it precedes allows for the adverb 'foolishly' to be positioned in a way that makes the meaning of the sentence clear and readable.
When managers are considering the optimal product mix, they are most concerned with
a. balancing productive capacity.
b. maximizing profit.
c. maximizing revenue.
d. minimizing selling and administrative expense.
e. minimizing cost?
Harmony forge manufactures saddles for show horses. the company has received a special order for 290 saddles for an international competition. each of these saddles would include the specialized logo of the competition. last year harmony produced 710 saddles, and the company has the capacity to produce 1,000 saddles per year. harmony's saddles normally sell for $650 each, but the special offer is for $179,800 ($620 per saddle). the controller has provided information to management that estimates the variable cost per saddle is $435; fixed manufacturing overhead is $60/saddle. of the fixed costs assigned to this special order, $15,950 is for the specialized logos, the remainder is attributable to costs that will be incurred regardless of whether the special order is produced. what is the operating income generated by the special order?
For the special saddle order would generate an operating income of $37,700. This is calculated by subtracting the total variable costs and the cost of the specialized logos from the total revenue.
Explanation:The question is asking about the operating income generated by the special order that Harmony Forge received. Operating income can be calculated by subtracting all direct costs (both fixed and variable) from the total revenue. For this special order, the total revenue is $179,800 ($620 per saddle for 290 saddles). The variable cost per saddle is $435, so the total variable cost is $126,150 ($435 * 290). Of the fixed costs, $15,950 is for the specialized logos which is a necessary expenditure for the order and the rest, even if it is calculated per saddle, would be incurred whether the order happens or not, so it is not deducted in calculating operating income. Therefore, we subtract the variable cost and cost of logo from the total revenue to calculate our operating income, which is $37,700 ($179,800 - $126,150 - $15,950).
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What is the process of getting a product to a consumer? A. Research B. Distribution C. Wholesale D. Subcontracting
The Correct answer is B....
Table 13-13 teacher's helper is a small company that has a subcontract to produce instructional materials for disabled children in public school districts. the owner rents several small rooms in an office building in the suburbs for $600 a month and has leased computer equipment that costs $480 a month. output (instructional modules per month) fixed costs variable costs total cost average fixed cost average variable cost average total cost marginal cost 0 $1,080 1 $1,080 $ 400 $1,480 $400 2 $965 $450 3 $1,350 $2,430 4 $1,900 $475 5 $2,500 $216 6 $4,280 $700 7 $4,100 8 $5,400 $135 9 $7,300 10 $10,880 $980 refer to table 13-13. what is the marginal cost of creating the tenth instructional module in a given month
An analysis of variance produces ssbetween = 40 and msbetween = 20. in this analysis, how many treatment conditions are being compared?
In communicating the unique customer benefits of its various products to its target segments, thermos is defining its ________, which is an important element of its overall _______ strategy.
Final answer:
Thermos is articulating its value proposition as part of its marketing strategy, which communicates the unique benefits of its products to its target consumer segments. The value proposition and the targeted marketing are essential in highlighting the product's unique features and aligning with the company's broader business goals.
Explanation:
In communicating the unique customer benefits of its various products to its target segments, Thermos is defining its value proposition, which is an important element of its overall marketing strategy. The value proposition of a product is the perceived worth that the customer acknowledges from the product, which includes factors beyond monetary value, like satisfaction of a need, convenience, or lifestyle enhancement.
These product benefits are geared towards a specific target consumer group, whose psychographics and demographics match the company's ideal customer profile. The value proposition emphasizes the unique advantages or features such as absorbency in paper towels, or the exclusivity of fries at a McDonald's, making them stand out in the competitive market.
A vital component of creating a successful marketing strategy, especially when considering various advertising strategies such as product-oriented or consumer-oriented strategies, is the careful articulation of a value proposition. Whether it's reinforcing a brand lifestyle or showcasing product superiority, these strategies must reflect the company's broader goals and efforts, such as environmental protection, effective communication, and reputation management.
Considering the lifecycle of a product or service also allows for a more comprehensive understanding of its value as the company considers stages from development to end-of-life. Porter's focus strategy also highlights the importance of targeting a specific market segment to leverage competitive advantages and cater to unique customer preferences.
Control based on the use of pricing mechanisms and economic information is referred to as:
Market system control utilizes pricing mechanisms to disseminate information and allocate resources efficiently, with prices reflecting the relative scarcity of goods and services. However, price controls can distort market signals and misallocate resources.
Control based on the use of pricing mechanisms and economic information is referred to as market system. The market system utilizes prices which are influenced by supply and demand to allocate resources efficiently. These prices provide information about the relative scarcity of various goods and services, which allows market participants to make informed decisions without needing to understand the underlying reasons for price changes. Price controls, such as price ceilings and price floors, however, can distort these signals, hiding the true scarcity of products and often leading to a misallocation of resources.
Incentives play a crucial role in the market system, with price changes influencing consumer behavior. For instance, if the cost of business class seats on an airline drops, customers may be incentivized to upgrade. This principle is widely recognized by economists, who argue that the price mechanism not only disperses information but also helps in coordinating the actions of different market actors effectively.
Which of these is not a rule-of-thumb that ideo employees follow when they share ideas during the brainstorming phase?
Multiple Choice:The opportunity cost for Elijah of going to a water park is, a)the price of the admission pass, b)zero,if he can go with his parents who will pay, c)zero,if it is raining that day and water park is closed, d)the price of the admission pass plus the highest valued alternative activity Elijah could have done, e)the highest valued alternative activity Elijah could have done. Can anyone help as soon as possible?
The opportunity cost for Elijah of going to a water park is, the highest valued alternative activity Elijah could have done. Thus the correct option is E.
What does the opportunity cost?A situation of abundance, where an individual has a variety of options available and chooses one option over another by evaluating their importance is referred to as opportunity cost.
In the example given, it is clarified that Elijah's decision to visit a water park has an opportunity cost that must be calculated and that characterizes the aspects of opportunity cost.
Opportunity costs can be seen in any situation where a person must choose between giving up one thing and keeping another. This theory contends that economic agents choose actions that maximize gains.
Therefore, option E is appropriate.
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This past summer, mcdonalds approached the university of florida about renaming ben hill griffin stadium mcdonalds field. mcdonalds offered uf $80 million over the next ten years for the naming rights to the stadium. uf declined the offer, but did agree, in exchange for $1 million, to have players, coaches and cheerleaders eat big macs on the sidelines, where the cbs and sunshine networks' cameras will show them on their game telecasts. this is an example of _____.
The technique of showing players, coaches, and cheerleaders eating big Mac burger is known as product placement.
Further Explanation:
Product placement:
Product placement is a marketing technique where the goods are used as a reference in a video, audio that broadcast to the large customer base. When a huge number of people watch any live broadcast or video, the products are used in these telecasts to convey a positive message. Product placement helps in targeting a large number of customers via advertising.
Product placement is an effective marketing technique. It uses advertising through celebrities. Many people follow these celebrities. So it promotes the product among many people.
McDonald's and the University of Florida:
In the current case, the University of Florida accepts to allow its players, coaches, and cheerleaders to eat the big Mac while the camera films them during the game telecast. MacDonald is using the marketing technique of product placement. Its product (big Mac) will be telecast on the video telecast (Game).
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Answer details:
Grade: Senior School
Subject: Business Studies
Chapter: Marketing Techniques
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By raising or lowering the _______, the fed changes the cost of money for banks, which impacts the incentive to borrow reserves. reserve ratio discount rate money multiplier yield
Who can help me? It will be greatly appreciated.
What percent of customers bought anything from the last catalog? 2. what was the average $ order size bought from the last catalog across all 96,551 customers? tuscany lifestyles?
1. What percent of customers bought anything from the last catalog?
Fom this last catalog, 2.5% of the costumers bought.
2. What was the average $ order size bought from the last catalog across all 96,551 customers?
The average dollars ordered from this catalog was $104.24 per buying customer.
When a firm is consistently more profitable than its competitors, it has achieved?
Historically, security officials in government and corporations were primarily concerned with fraud, credit card theft, and hackers. since 9/11, however, officials are much more concerned with:
The correct answer is terrorism.
Historically, security officials in government and corporations were indeed primarily concerned with traditional security threats such as fraud, credit card theft, and hacking incidents. These threats were largely financial or related to personal data breaches, and they affected both individuals and organizations.
However, the tragic events of September 11, 2001, marked a significant turning point in the focus of security efforts. The coordinated terrorist attacks on the World Trade Center in New York City and the Pentagon in Washington, D.C., resulted in a profound shift in the perception of security threats. The scale and impact of these attacks brought terrorism to the forefront of national and international security concerns.
Since 9/11, there has been a heightened awareness and prioritization of counterterrorism measures. Security officials have become increasingly vigilant about the potential for further terrorist activities. This has led to the implementation of more stringent security protocols in various sectors, including aviation, infrastructure, and public events. The focus has expanded to include not only physical security measures but also cybersecurity measures to protect against terrorist use of the internet and digital technologies to plan and execute attacks or to spread propaganda and recruit new members.
The shift in focus has also been reflected in the allocation of resources, with significant investments in intelligence, surveillance, and emergency response capabilities to detect, prevent, and respond to terrorist threats. Additionally, there has been increased cooperation and information sharing between national security agencies and international partners to combat terrorism on a global scale.
In summary, while traditional security concerns like fraud and hacking remain important, the emphasis on preventing and responding to terrorism has become a central priority for security officials in the post-9/11 world.
Why would multinationals be interested in setting up operations in mexico? give two reasons. would cultural differences be a major stumbling block for u.s. mncs doing business in mexico?
Why does amount of debt or money owed have as much weight as credit history in determining a person’s credit score?
Because debt to income ratio determines how likely you are able to make your payments.
AS your debt to income ratio become higher, the less likely the credit providers would loan their money to you since they would doubt that you have enough left from your income to pay them back.
As an industry standard, most credit providers in united states would see you as 'financially healthy' if your debt to income ratio does not exceed 36%.
The process of converting an amount given at the present time into a future value is called
Lena and Joe are two of the partners in a business Lena makes $3 in profits for every $4 that Joe makes if Joe makes $60 profit on the first item they sell how much profit does Lena make?
Do you think zappos is a decentralized or centralized organization? do you think it should change? explain your answer.
Students who are trying to raise funds have an agreement with a local pizza chain. The chain has agreed to sell them pizzas at a discount, which the students can then resell to families in the local community for a profit.
This month, grass is greener lawn service pays cash for $4,000 of grass fertilizer to be used two months from now. what journal entry will grass is greener record this month?
Final answer:
The journal entry records a debit to Prepaid Expenses for $4,000 and a credit to Cash for $4,000, reflecting the purchase of fertilizer to be used in future periods. This follows the matching principle of accounting.
Explanation:
When Grass is Greener Lawn Service pays cash for $4,000 of grass fertilizer to be used two months from now, it means that the company is making a prepaid expense. The journal entry to record this transaction will show an increase (debit) in an asset account and a decrease (credit) in another type of asset, specifically cash. Therefore, the journal entry will be as follows:
Prepaid Expenses: $4,000 (Debit)
Cash: $4,000 (Credit)
The debit to Prepaid Expenses increases this asset account, reflecting that the company now holds an asset that will be used in future accounting periods. The credit to Cash represents a decrease in the company's cash balance, as they have paid out cash to acquire the fertilizers. This transaction follows the accounting principle that expenses should be matched with the revenue they help to generate, which, in this case, will occur over the next growing months as the fertilizer is used.
Could the product flow operate independently from other channel flows?
Final answer:
Although product flow can seem autonomous in certain contexts, it is usually interconnected with other channel flows such as information, finance, or negotiation flows. This interconnectedness is seen in business operations, fluid dynamics of open-channel flows, and even in chemical reactions. Complete independence is rarely possible due to these inherent interdependencies.
Explanation:
Product Flow Independence In Various Systems
In the business context, particularly regarding supply chain management and operations, the concept of product flow pertains to the movement of goods from the supplier to the customer. The potential for a product flow to operate independently from other channel flows, such as information, finance, or negotiation flows, can vary based on the organization's structure and the complexity of the supply chain. In some cases, the product flow may appear to be autonomous due to direct distribution methods like direct drop shipping or through a simplified distribution network. However, more commonly, product flow is deeply interconnected with other channel flows. For instance, inventory management systems (part of the informational flow) are often crucial in determining when to reorder products, which in turn affects the physical flow of goods.
Within a banking system, product units may have their own budgets and IT resources, allowing for a degree of autonomy in managing product and co-product flows. Yet, this autonomy is usually within a framework of interdependence since cross-directional interdependencies might require negotiation with other product units. Similarly, in open-channel flows of fluid dynamics, which exemplify the movement of water or other fluids in a channel open to the atmosphere, there is a direct correlation with the surrounding environment, showing that even simple physical product flows are influenced by external conditions. These examples highlight that complete independence of product flow from other channel flows is rarely possible due to the inherent interdependencies within systems.
Regarding product distribution, the mode of delivery, whether it's an in-person transaction, distributed through a mail system, or placed on a supermarket rack, will also influence and be influenced by other flows such as marketing and financial transactions. The distribution strategy reflects the interconnectedness of product flow with other channel flows.
Considering chemical processes, such as the determination of chloride in water using a single-channel manifold, the carrier stream not only transports the sample to the detector but simultaneously also reacts with it. This illustrates that while the product (in this case, the reaction product of the chloride test) is part of an independent process, it is also influenced by the carrier stream that enables analysis, representing another example of interdependency in flow dynamics.
Sydney saved $10,000 during her first year of work after college and plans to invest it for her retirement in 40 years. how much will she have available for retirement if she can make 8% on her investment?
Analysts use _____ to show the objects that participate in a use case and the messages that pass between the objects over time for one particular use case.
Organizations in rapidly changing environments tend to have ____ management processes
Tomás, a sales associate in the furniture department of the larkspur department store, reports to carolina, the furniture department manager. this morning, carolina asked tomás to change the price tags on the desk chairs. while working on this task, david, the computer department manager, told tomás that he wanted him to unload some computers. tomás is confused about what to do because under the principle of unity of command
Matt loves nike. not only does he own ten pairs of nike sneakers, his entire wardrobe is made up of nike clothing. he owns t-shirts, socks, hats, and athletic pants, all with the nike swoosh. matt's obsession with nike can best be described as:
Based on the fact that Matt is obsessed with getting Nike apparel, this is most likely Brand Loyalty.
What is Brand Loyalty?This refers to a situation where we only buy a single brand because we have very strong positive feelings towards it.
Matt is very positive towards the Nike brand which is why he keeps buying their products. From t-shirts, to hats and pants. Matt therefore has very strong brand loyalty.
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