Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.
By using the relocation transition curve, you need to write an essay to make your own analysis and explain how you adapted to the new living and working environment.

Answers

Answer 1

From the information, it can be inferred that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

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Related Questions

PLEASE HELP

Assuming all other factors are the same, which statement about the cost of
loans is correct?
A. A loan with simple interest will cost more than a loan with
compound interest.
B. A loan with simple interest and a loan with compound interest will
cost the same.
C. Interest compounded daily will cost more than interest
compounded monthly.
D. Interest compounded annually will cost more than interest
compounded quarterly.
SUBMIT

Answers

Answer:

=> C. Interest compounded daily will cost more than interest compounded monthly.

The proper answer is Daily interest compounding is more expensive than monthly interest compounding. So, the best choice is (C).

What is interest?

In the fields of finance and economics, interest is the payment made at a set rate by a borrower or deposit-taking financial institution to a lender or depositor in excess of the principal amount (the amount borrowed).

It is not the same as a fee that the borrower might pay to the lender or another entity. It also differs from a dividend, which is money given to shareholders (owners) by a company from its profit or reserve, but not at a set rate predetermined in advance, but rather on a pro rata basis as a share of the reward received by risk-taking businesspeople when revenue is earned that exceeds all costs.

Hence, option (C) is accurate.

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QUESTION 24
More communication is always better.
O True
O False

Answers

Answer:

true

Explanation:

Communication helps understanding people better removing misunderstanding and creating clarity of thoughts and expression.

Which of the following protects the brokers commission

Answers

The Safety clause is the options that protects the brokers commission.

What is the Safety clause?

This is a legal clause that states that a real estate broker is entitled to a commission if a sale occurs after the listing agreement expires.

Hence, among the options, the Safety clause is clause that offers protection to the brokers commission.

Therefore, the Option A is correct.

Missing options "a. Safety clause b. Listing price. c. Mediation d. MLS"

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Arial Company has two products: A and B. The company uses activity-based costing. The total cost and activity for each of the company's three activity cost pools are as follows:

Total Activity
Activity Cost Pool Total Cost Product A Product B Total
Activity 1 $22,000 400 100 500
Activity 2 $16,240 380 200 580
Activity 3 $14,600 500 250 750

The activity rate under the activity-based costing system for Activity 3 is closest to:

a. $70.45
b. $28.87
c. $19.47
d. $58.40
e. $32.5

Answers

Answer:

a

Explanation:

because it approaches to the total rates of the activity 3 it is the best avererage for that activity

The recording, summarizing, and reporting of the economic activities and events of an organization is known as _____.

Answers

The answer is accounting!

Hope this helps!
Brainliest is much appreciated!

20 points to anyone willing to help

Abdul works as a regulator at the Bureau of Consumer Protection. His agency makes sure that consumers are treated fairly. What task might be part of Abdul's job at his agency?
Question 6 options:


drawing up ideas for the new city park


drafting a proposal for the state government budget


recording information about a fraudulent business


meeting with heads of state to discuss trade

Answers

Answer:

it's the second to last one "recording information about a fraudulent business "

Answer:

the answer is c

Explanation:

Classify the type of data analytics ​(descriptive, diagnostic,​ predictive, prescriptive, or adaptive and​ autonomous) being used in each of the following situations.a. McGowan Company provides managers with regular Key Performance Indicator (KPI) dashboards. b. Zerrot Corporation issues monthly revenue reports. c. Wheelson Company uses customer analytics and sales history to determine how to drive repeat purchases by customers. d. Courtyard Freight investigates the cause of slow shipments in the southeastern region. e. Medavoy Operations uses statistical software to forecast sales. f. Johnson Stores, Inc., drills down through data to find out which marketing activities were most effective in generating sales. g. Michelson Corporation uses machine learning, artificial intelligence, and algorithms to continually make decisions in real-time about which sales promotions to run in each market.

Answers

Based on the definitions of these data analytic types, the following are true:

a. Descriptive analysis b. Descriptive analysis c. Prescriptive analysis d. Diagnostic analysis e. Predictive analysis f. Diagnostic Analysis g. Adaptive and Autonomous analysis

Descriptive analysis works by showing an overview of the current situation in the company and so would work well for McGowan Company and Zerrot Corporation.

Prescriptive analysis offers solutions to help a company achieve a goal and so is best to describe Wheelson Company.

Diagnostic analysis allows for a company to find out what the real problem is in a situation so describes Courtyard Freight and Johnson Stores.

Predictive is used to predict future scenarios and so describes Medavoy Operations forecasting.

Adaptive and Autonomous use machine learning and artificial intelligence so this describes Michelson Corporation.

In conclusion, there are different types of data analytics that can be used.

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Explain why there are advantages to a movie studio operating in southern California, rather than in, say, Florida.

Answers

There are advantages to a movie studio operating in southern California

due to cheap labor and land and numerous scenery.

California is a state in which movie producers prefer operating in as a result

of cheap labor and land which helps to cut the cost needed for producing a

movie.

California also has a lot of scenery such as rivers, mountains etc which

makes the movies more appealing and  is also where Hollywood is located

which is where most movie production and promotion takes place.

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A firm purchased $120,000 worth of light general-purpose trucks. The operations of the trucks lead to annual income of $60,000 for years 1~4. These trucks were then sold for $20,000 at the end of year 4. Assume a 30% combined tax rate. With a 40% bonus depreciation plus MACRS depreciation, do the following.
(a) (10 pts) Calculate the before-tax IRR.
(b) (10 pts) Calculate the after-tax IRR.

Answers

The before-tax IRR is 37.93%

The after-tax IRR is 19.32%

The internal rate of return (IRR) is defined as the return rate on a project investment project over a periodic lifespan.

It is also referred to as the net present value of an investment project which is zero. It can be expressed by using the formula:

[tex]\mathbf{0= NPV \sum \limits ^{T}_{t=1} \dfrac{C_t}{(1+1RR)^t}- C_o}[/tex]

where;

[tex]\mathbf{C_t}[/tex] = net cash inflow for a time period (t)[tex]\mathbf{C_o=}[/tex] Total initial investment cost

(a)

For the before-tax IRR:

The cash outflow = $120000

Cash Inflow for the first three years = $60000

Cash inflow for the fourth year = $60000 + $20000 = $80000

Using the above formula, we have:

[tex]\mathbf{0 = \dfrac{60000}{(1+r)^1}+ \dfrac{60000}{(1+r)^2}+ \dfrac{60000}{(1+r)^3}+ \dfrac{80000}{(1+r)^4}}[/tex]

By solving the above equation:

r = 37.93%

(b)

For the after-tax IRR:

The cash outflow = $120000

Recall that:

Cash Inflow = Cash inflow × Tax rate

For the first three years; the cash inflow is:

[tex]\mathbf{=60000 -(60000\times 0.3) } \\ \\ \mathbf{ = 60000 -18000} \\ \\ \mathbf{ = 42000}[/tex]

For the fourth year, the cash inflow is

[tex]\mathbf{=80000 -(60000\times 0.3) } \\ \\ \mathbf{ = 80000 -18000} \\ \\ \mathbf{ = 62000}[/tex]

Using the above IRR formula:

[tex]\mathbf{0 = \dfrac{42000}{(1+r)^1}+ \dfrac{42000}{(1+r)^2}+ \dfrac{42000}{(1+r)^3}+ \dfrac{62000}{(1+r)^4}}[/tex]

By solving the above equation:

r = 19.32%

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Which of the following defines a short-term goal?

A. tasks that you set to accomplish specific things in a short period of time

B. tasks that must be completed for a job performance evaluation

C. tasks that you must complete that require time and planning that usually take 12 months or more to complete

D. tasks that you think you need to accomplish in the future but need to start working on now

Answers

Answer:

I think its a

Not sure

Explanation:

.....

Fabian (16), will be claimed as a dependent on his parents' tax return. His only income during the year consisted of $10,000, which was his net profit from a lawn mowing business. What is Fabian's self-employment tax

Answers

Fabian's self-employment tax equals $1,413.

Net Income from Self employment = $10,000

Income liable for Self employment Tax = $10,000 * 92.35%

Income liable for Self employment Tax = $9,235

Fabian's Self employment Tax = $9,235 * 15.3%

Fabian's Self employment Tax = $1,413

Hence, Fabian's self-employment tax equals $1,413

Therefore, the Option B is correct.

Missing options "$383 $1,413 $1.530 $10.000"

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One autumn day, a woman and man appear at Carrie Franklin’s door. They introduce themselves as chimney sweeps who would like to clean her chimney before she begins to use her fireplace. The man says it will be inexpensive and make her home safer, reducing the chances of a chimney fire. Carrie sees the name “Chim Chim Chimney Sweeps” on their truck. What can Carrie do to protect herself from scam?

Answers

The things which Carrie Franklin can do to protect herself from possible scam include:

Calling the telephone operator to verify if the Chimney Sweeps actually exist. Next thing would be to enquire if the office sent anybody to her home.Next thing would be to ask for their ID cards.

Based on the given question, we can see that Carrie Franklin received some visitors who claimed to be chimney sweepers from a company and she would have to pay them for cleaning her chimney.

It is important that she verifies that they are a legitimate company then look them up in the telephone listing and if she has any additional suspicions she can call the police just to be safe.

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who here has a business plan




Answers

I am still working on my business plan.

a successful advertised campaign affects
A:supply of the advertised good
B:quantity supplied of the advertised good
C:demand for the advertised good
D:quantity demanded of the advertised good

Answers

Answer:

B the responsiveness of quantity demanded of a good due to a change in its price. 

Explanation:

B ...

Impact of hiring based on experience rather than qualification

Answers

Answer: Those with experience rather than qualification will be able to complete work quickly and efficiently while being able to responsibly handle problems.

Explanation:

Of course those with qualification could work well, however experience usually creates a great gap in between those with and without experience.

If this answer is incorrect, simply correct it or mention that it is incorrect.

Presented below are selected transactions for Werley Company for 2021. Jan. 1 Received $9,000 scrap value on retirement of machinery that was purchased on January 1, 2011. The machine cost $90,000 on that date, and had a useful life of 10 years with no salvage value. April 30 Sold equipment for $34,000 that was purchased on January 1, 2018. The equipment cost $90,000, and had a useful life of 5 years with no salvage value. Dec. 31 Discarded a business truck that was purchased on April 1, 2017. The truck cost $27,000 and was depreciated on a 5-year useful life with a salvage value of $2,000. Journalize all entries required as a result of the above transactions. Werley Company uses the straight-line method of depreciation and has recorded depreciation through December 31, 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Date Account Titles and Explanation Debit Credit choose a transaction date Jan. 1 enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount choose a transaction date April 30 enter an account title to record depreciation expense enter a debit amount enter a credit amount enter an account title to record depreciation expense enter a debit amount enter a credit amount (To record depreciation expense) choose a transaction date April 30 enter an account title to record sale of equipment Cash enter a debit amount 34000 enter a credit amount enter an account title to record sale of equipment Accumulated Depreciation-Equipment enter a debit amount

Answers

Based on the information given the appropriate journal entry to record the transactions are:

Werley Company Journal entries

1. Jan 2020

Debit Cash $ 9,000

Credit Accumulated depreciation - machinery $90,000

($90,000/10×10)

Credit Machinery $ 90,000

Credit Gain on retirement of assets $9,000

($9,000+$90,000-$90,000)

2. Apr-30

Debit Depreciation expense $6,000

($90,000/5×4/12)

Credit accumulated depreciation-Equipment $6,000

Debit Cash $34,000

Debit Accumulated depreciation $60,000

($90,000/5)×3 1/3) [(2018-2021)+(Jan 2021 to April 2021)]

Credit Equipment $90,000

Credit Gain on disposal of plant assets $4,000

[$34,000-($90,000-$60,000)]

3. Dec-30

Debit Depreciation expense $5,000

[($27,000-$2,000)/5]

Credit accumulated depreciation-Equipment $5,000

Debit Accumulated depreciation- Equipment $23,750

($5,000×4 3/4)  [(2017-2021)+(April 2021 to Dec 2021)]

Debit Loss on disposal $3,250

($27,000-$23,750)

Credit Equipment $27,000

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When store owners quote prices in terms of dollars, money is acting as a __________. a.) store of value b.) medium of exchange c.) unit of account d.) commodity

Answers

When store owners quote prices in terms of dollars, money is acting as a unit of account.

Money is anything that is generally chosen and accepted by a community as a medium of exchange and standard of value.

Money act as a unit of account because everything in the economy is quoted in terms of it. The price of any products or goods are quoted in terms of money.

Since there are many buyers and sellers in a country, unit of account stands as standard measurement for everyone in an economy; hence the foundation of every transaction in an economy.

Therefore, money is acting as a unit of account when store owners quote prices in terms of dollars.

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True or false?

Amelia is interested in government but also wants to travel around the world. A career in the Foreign Services pathway of the Government and Public Administration cluster might be a good fit for Amelia.

Question 11 options:

True


False

Answers

Considering the situation, it is True that a career in the Foreign Services pathway of the Government and Public Administration cluster might be a good fit for Amelia.

What is the Foreign Services pathway?

Foreign Services pathway is a department in government public services whose expertise and undertakings are found in U.S. embassies, political and economic analysis, or assisting American citizens overseas.

Workers in the Foreign Services pathway works in the following places:EmbassiesConsulates Diplomatic missionsWashington, D.C., etc.

Hence, in this case, it is concluded that the correct answer is True.

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Answer:

true

Explanation:

I believe that morgage option 1 is the best option. There are three elements of the mortgage, and three reasons why I believe this. The first is the interest rate. The second is the if it is fixed or adjusted. The last reason, is the length of the mortgage. I believe that the mortgage option one is the best choice. This is for two coinciding reasons. The first reason is that Mortgage opotion one has one of the lowest interest rates. While it looks like mortgage option two has the lowest mortgage rate, it most likely will not in the future. This is because mortgage option two is an annually adjusted mortgage, which means that the interest rate will most likely increase in the future according to the mortgage consultant. So, mortgage option one and three are the best options. The second and final reason that makes mortgage option one the best choice is the mortgage length. Mortgage option one's length is 30 years. While mortgage option three's is 8 years. While 8 year ssounds like a better length of time, it really is not. At the end of those 8 years whatever has not been paid off on the mortgage has to be paid off immediately. which makes mortgage option one

Answers

Answer:

new sasagotan na holahola hahhaha thanks bye love you bebe

The Fine Art Museum, a not-for-profit entity, allocated expenses 80% to programs and 20% to general and administrative.

a) During the current year the Museum received admissions fees in cash $500,000 from visitors.

b) Citizens of the local community are encouraged to participate in a program called “Friends of the Museum.” For a yearly contribution of $25 per family, a family is entitled to free admission to the Museum during the calendar year. At year-end, there were 10,000 members in the “Friends of the Museum.”

c) During the current year the Museum incurred salary expense of $250,000 of which $60,000 remains unpaid at year-end.

d) During the year the Museum incurred operating expenses of $400,000 of which $30,000 remains unpaid at year-end. Of the $400,000, $50,000 was used to buy supplies of which $20,000 remains on hand at year-end.

e) During the year the Museum received pledges of $200,000 for the acquisition of new art items, of which the Museum had collected $150,000 by year-end and expected to ultimately collect another $20,000.

f) During the year a citizen died and willed his wonderful collection of native art to the Museum to help new art items acquisition. The collection was later sold for $600,000.

Required: Prepare the necessary journal entries to record these transactions.

Answers

The preparation of the necessary journal entries for The Fine Art Museum is as follows:

Journal Entries:

a. Debit Cash $500,000

Credit Admissions Fees $500,000

To record the receipt of admissions fees in cash from visitors.

b. Debit Cash $250,000

Credit Admissions Fees $250,000

To record the receipt of special admissions fees for "Friends of the Museum."

c. Debit Salary Expense $250,000

Credit Salary Payable $60,000

Credit Cash $190,000

To record salary expense paid and payable.

d. Debit Operating Expenses $400,000

Credit Operating Expenses Payable $30,000

Credit Cash $370,000

To record operating expenses paid and payable.

Debit Supplies $50,000

Credit Operating Expenses $50,000

To transfer operating expenses to Supplies.

Debit Supplies Expense $30,000

Credit Supplies $30,000

To record supplies expense for the year.

e. Debit Pledges Receivable $200,000

Debit Cash $150,000

Credit Pledges Receivable $150,000

Credit Allowance for Uncollectible Pledges $30,000

To record pledges receivable and allowance for uncollectibles.

f. Debit Cash $600,000

Credit Sale of collections $600,000

To record the sale of wonderful collections from a will.

Data Analysis:

Allocation of Expenses:

Programs = 80%

General and Administrative = 20%

a. Cash $500,000 Admissions Fees $500,000

b. Cash $250,000 Admissions Fees $250,000 ($25 x 10,000)

c. Salary Expense $250,000 Salary Payable $60,000 Cash $190,000

d. Operating Expenses $400,000 Operating Expenses Payable $30,000 Cash $370,000

Supplies $50,000 Operating Expenses $50,000

Supplies Expense $30,000 Supplies $30,000

e. Pledges Receivable $200,000 Estimated Receivable Pledges $170,000

Uncollectible Pledges $30,000

Cash $150,000 Pledges Received $150,000

f. Cash $600,000 Sale of collections $600,000

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Why are developing countries experiensing rapid population growth while developed countries are growing slowly or not at all?​

Answers

Answer:

Population growth in developing countries will be greater due to lack of education for girls and women, and the lack of information and access to birth control.

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Prepare journal entries to record the following under
(a) the direct write-off method and
(b) the allowance method. May 3 Sal Company determines that it cannot collect its accounts receivable of $2,000 from Joey Company. May 21 Sal Company unexpectedly receives payment of $2,000 cash from Joey Company toward its previously written-off account. Sal records recovery of this bad debt.

Answers

The  journal entries to record the direct write-off method and  the allowance method are:

Journal entries

a. May 3

Debit Bad debt $2,000

Credit Account receivable- Joey Company $2,000

b. May 21

Debit  Accounts Receivable—Joey Company $2,000

Credit Allowance for Doubtful Accounts $2,000

Debit Cash $2,000

Credit  Accounts Receivable—Joey Company $2,000

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g Molly is not married and has no children. She executes a will, disposing of her estate to her sister Nina. Later, Molly marries Owen. They have no children. Molly does not execute a new will before she dies. With respect to Molly's estate, Owen is entitled to

Answers

Based on the terms of the will, based on molly's estate, Owen is entitled to no part of her estate because the estate was already willed to her sister Nina.

According to the given question, we can see that Molly who was unmarried at the time of making her will, willed her estate to her sister and later got married to Owen and she died without making changes to her will.

The outcome is very clear as Owen is not entitled to anything, unless he is given by Nina, although he can contest the will in court, but Nina has the upper hand because legally she has the estate.

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An approach to the SDLC that plans the project in advance and then progresses according to the plan is called what

Answers

Answer:

source-

One of the most common predictive models is the waterfall model. It assumes various phases in the SDLC that can occur sequentially, which implies that one phase leads into the next phase. In simple words, in waterfall model, all the phases take place one at a time and do not overlap one another.

in your own words-  

One of the foremost common prognostic models is that the falls model. It assumes varied phases within the SDLC which will occur consecutive, which suggests that one section leads into following section. In straightforward words, in falls model, all the phases occur one at a time and don't overlap each other.

Explanation:

source is where i got the imformation and the in your own words is it fully rewritten, sorry its a bit lengthy and hope this helps have a god day/night/noon! :)

Ava School of Learning obtained a charter at the start of the year that authorized 50,000 shares of no-par common stock and 20,000 shares of preferred stock, par value $10. During the year, the following selected transactions occurred:

a. Collected $42 cash per share from four individuals and issued 5,200 shares of common stock to each.
b. Issued 6,200 shares of common stock to an outside investor at $42 cash per share.
c. Issued 8,200 shares of preferred stock at $22 cash per share.

Required:
Prepare the journal entries indicated for each of these transactions.

Answers

Answer:

plan c

Explanation:

I just guessed !!!! thanks for the points though

Answer:

plan c

Explanation:

my answer it coudn't be

Compare the job of an order-taker at a fast-food restaurant, marketing manager of the telecommunication sector, police officer, and CEO of a multinational firm, using the job characteristics model. Give your recommendations on how the characteristics of the least motivating job/jobs could be improved?

Answers

Answer:

i think

Explanation:

Perhaps the earliest attempt to design jobs came during the era of scientific management. Scientific management is a philosophy based on the ideas of Frederick Taylor as presented in his 1911 book, Principles of Scientific Management. Taylor’s book is among the most influential books of the 20th century; the ideas presented had a major influence over how work was organized in the following years. Taylor was a mechanical engineer in the manufacturing industry. He saw work being done haphazardly, with only workers in charge. He saw the inefficiencies inherent in employees’ production methods and argued that a manager’s job was to carefully plan the work to be performed by employees. He also believed that scientific methods could be used to increase productivity. As an example, Taylor found that instead of allowing workers to use their own shovels, as was the custom at the time, providing specially designed shovels increased productivity. Further, by providing training and specific instructions, he was able to dramatically reduce the number of laborers required to handle each job.

A shop sells 20 hats per week at $10 each. When it increases the price to $12, the number of hats sold falls to 15 per week. We can conclude that: The elasticity of demand can be estimated as Answer

Answers

Answer:

Estimated as Elastic Demand

Explanation:

Elastic demand is where a change in price causes a significant change in demand, therefore 20 hats to 15 hats can be considered significant and we can conclude that it's elastic demand.

Rise Up Retail Industry Fundamentals
Review - Part 1
Matehing Vocabulary
A Allocation
B. Corporation
0, Customers
D. Manufacturers
E Products
F. Retail Product Cycle
O, Retailer
H. Wholesaler
1
People that purchase goods or services from a business
2. Any entity that produces finished products are
3 Physical goods that are bought and sold, such as food, clothes, & household
itema
4
A business or person that sells products and/or services to customers, and they
seleet merchandise and services based on the needs of a specific store, region or
community
An amount or portion of a resource assigned or distributed to a store or recipient
0 in both physical and online shopping, this explains the process from choosing the
products and services to offer to getting them in the hands of customers
An entity that buya large quantities of products directly from the manufacturer
and then sella amaller amounts of products to different retailers
8 Business that has shareholders through publicly traded stock, and usually has
centralized decision-making for ita multiple store locations.
Matching Examples
A Example of Business in Retail
B. Example of Distribution Center
G Example of Omnichannel Retail
D. Example of Retail Product (x2)
E. Example of Retail Service (x2)
Car wash
10
Customers being able to shop in person and online while also receiving texts and
emails about sales and promotions
Department store
12. Facility used for receiving, temporary storage, and distribution of goods to the retail
centers based on orders as they are received
New car tires
18 Warranty on an item
Renigerator

Answers

Answer:

give me asec

Explanation:

What organization design aspects of Zara make it so succuccessful ?

Answers

Answer:

The secret to Zara’s success has largely being driven by its ability to keep up with rapidly changing fashion trends and showcase it in its collections with very little delay. From the very beginning, Zara found a significant gap in the market that few clothing brands had effectively addressed. This was to keep pace with latest fashion trends, but offer clothing collections that are a combination of high quality and yet, are affordable. The brand keeps a close watch on how fashion is changing and evolving every day across the world. Based on latest styles and trends, it creates new designs and puts them into stores in a week or two. In stark comparison, most other fashion brands would take close to six months to get new designs and collections into the market.

It is through this strategic ability of introducing new collections based on latest trends in a rapid manner that enabled Zara to beat other competitors. It quickly became the people’s favourite brand, especially with those who want to keep up with fashion trends. Founder Amancio Ortega is famously known for his views on clothes as a perishable commodity. According to him, people should love to use and wear clothes for a short while and then they should throw them away, just like yogurt, bread or fish, rather than store them in cupboards.

The media often quotes that the brand produces “freshly baked clothes”, which survive fashion trends for less than a month or two. Zara concentrates on three areas to effectively “bake” its fresh fashions:

Shorter lead times (and more fashionable clothes): Shorter lead times allow Zara to ensure that its stores stock clothes that customers want at that time (e.g. specific spring/ summer or autumn/ winter collections, recent trend that is catching up, sudden popularity of an item worn by a celebrity/ socialite/ actor/ actress, latest collection of a top designer etc.). While many retailers try to forecast what customers might buy months in the future, Zara moves in step with its customers and offers them what they want to buy at a given point in time.

Lower quantities (through scarce supply): By reducing the quantity manufactured for a particular style, Zara not only reduces its exposure to any single product but also creates artificial scarcity. Similar to the principle that applies to all fashion items (and more specifically luxury), the lesser the availability, the more desirable an object becomes. Another benefit of producing lower quantities is that if a style does not generate traction and suffers from poor sales, there is not a high volume to be disposed of. Zara only has two time-bound sales a year rather than constant markdowns, and it discounts a very small proportion of its products, approximately half compared to its competitors, which is a very impressive feat.

More styles: Rather than producing more quantities per style, Zara produces more styles, roughly 12,000 a year. Even if a style sells out very quickly, there are new styles waiting to take up the space. This means more choices and higher chance of getting it right with the consumer.

Zara only allows its designs to remain on the shop floor for three to four weeks. This practice pushes consumers to keep visiting the brand’s stores because if they were just a week late, all the clothes of a particular style or trend would be gone and replaced with a new trend. At the same time, this constant refreshing of the lines and styles carried by its stores also entices customers to visit its shops more frequently.

In the following sections, the key components of Zara’s winning formula in the fashion retailing industry are illustrated.

Explanation:

Vaughn Manufacturing reported net income of $185,060 for 2022. Vaughn Manufacturing also reported depreciation expense of $33,860 and a loss of $4,930 on the disposal of plant assets. The comparative balance sheets show an increase in accounts receivable of $16,140 for the year, a $15,330 increase in accounts payable, and a $4,310 increase in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2022. Use the indirect method

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Answer:

Explanation;i dont know but this answer is wrong

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