Kendall Wong has a car to sell and advertises it online. Several potential buyers test drive the car. All five conditions that are necessary for an exchange to occur exist in this scenario. Has an exchange occurred
The exchange has not taken place, the exchange will occur only when Until Kendall sells the car.
A process of taking something from someone on behalf of anything is called an exchange. For example when we purchase a product and in return provide money to the shopkeeper.
The condition which is compulsory by while making an exchange is there should be the presence of both the party in exchange in which one is the giver and another one is the receiver.
Both the parties involved in the exchange are free to accept and reject the offer. There should be fair communication between both parties to successfully close the deal.
The value of exchange should be worthful to another party in terms of market rate, there should be no place for exploitation or fraudulent behavior will be accepted. The consent of both parties is required to take place in exchange.
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conduct a research in your community on the negative Impact of strikes as socio-economic issue on businesses
To conduct research in your community on a topic you can use either qualitative or quantitative research methods.
What is qualitative research?It corresponds to a more comprehensive and subjective approach to the investigation of social phenomena. As it is an exploratory research, different means of data collection can be used, such as interviews.
Therefore, if you are going to use the interview method, it is essential to organize a well-structured script to achieve the expected solution.
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Working proactively to ensure that your physical place of business is (1) free of potential hazards and (2) ________ will prevent on-premises injuries and violations of EEOC or OSHA rules.
Companies working Proactively just to ensure that the physical place of business is free 1. free of potential hazards and 2. secure from intruders will prevent on-premises injuries and violations of EEOC or OSHA rules.
What do you know about OSHA rules?The Occupational Safety and Health Administration is a huge regulatory employer of the USA Department of Labor that in the beginning had federal visitorial powers to check out and study workplaces.
Thus, the correct fill-in-the-blank here will be secure from intruders.
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Discuss some of the trade-offs and the challenges of a move to an enterprise-level analytics solution for companies and their end-users who might have grown accustomed to working with their customised solutions for generating data.nationwide mutual insurance company
The The challenges of a move to an enterprise-level analytics solution fare:
Taking in real-time useful data. Keeping tab with the influxes of data. Creating collected raw data readable., etc.What is trade off?A trade-off is known to be a kind of situational decision that entails the reduction or losing of a given quality, quantity, or others so that one can gains in other areas.
Note that trade off includes partnering with a firm and disclosing some business secret to them. This may influence a person's business in one way or the other.
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Why should an employer have employees sign a copy of the company's personnel policy? a. to get an official copy of the employee's signature b. so that the company knows how much money to withhold from payroll c. so it's easier to hold employees accountable for following the policies d. to encourage employees to discuss the policies with each other
Why should an employer have employees sign a copy of the company's personnel policy is: c. so it's easier to hold employees accountable for following the policies.
What is personnel policy?Personnel policy are lay down rules or policy that an employee must follow when so as to develop a personnel relations.
An employer make it mandatory for an employees to sign a copy of the company's personnel policy so as to make it easier to hold employees liable.
Therefore the correct option is C.
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After much effort and analysis, you determined the following cost formulas and gathered the following actual cost data for March:Cost Formula Actual Cost in MarchUtilities $16,700 plus $0.15 per machine-hour $ 21,650Maintenance $38,100 plus $2.00 per machine-hour $ 73,900Supplies $0.40 per machine-hour $ 8,200Indirect labor $95,000 plus $1.20 per machine-hour $ 121,100Depreciation $67,900 $ 69,600During March, the company worked 19,000 machine-hours and produced 13,000 units. The company had originally planned to work 21,000 machine-hours during March.Required:1. Calculate the activity variances for March.2. Calculate the spending variances for March.
Answer:
very long question and not clear
Scattergraph, High-Low Method, and Predicting Cost for a Different Time Period from the One Used to Develop a Cost Formula Farnsworth Company has gathered data on its overhead activities and associated costs for the past 10 months. Tracy Heppler, a member of the controller's department, has convinced management that overhead costs can be better estimated and controlled if the fixed and variable components of each overhead activity are known. One such activity is receiving raw materials (unloading incoming goods, counting goods, and inspecting goods), which she believes is driven by the number of receiving orders. Ten months of data have been gathered for the receiving activity and are as follows: Month Receiving Orders Receiving Cost 1 1,000 $18,000 2 700 15,000 3 1,500 28,000 4 1,200 17,000 5 1,300 25,000 6 1,100 21,000 7 1,600 29,000 8 1,400 24,000 9 1,700 27,000 10 900 16,000 Required: 1. On your own paper, prepare a scattergraph based on the 10 months of data. Based on this, does the relationship appear to be linear? 2. Using the high-low method, select a cost formula for the receiving activity. Using the cost formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? $fill in the blank 3 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? $fill in the blank 4 Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?
The relationship is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.
Cost formula1. The relationship of the a scatter-graph is non linear.
2. Cost formula
Cost formula for the receiving activity= $6,600 + ($12 x number of receiving orders)
3. Predicted cost
Predicted cost= $6,600 + ($12 x Number of receiving orders)
Where:
Number of receiving order=1,450
Hence:
Predicted cost=($6,600 + $12 x 1450)
Predicted cost=$6,600+$17,400
Predicted cost= $24,000
Therefore the relationship is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.
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Question number 1) at millions of dollars per ad, the super bowl is by far the most expensive television media program. the video suggests that this high expense can be well worth it for companies because __________________________.
Answer:
Why has my town experienced record-breaking cold and snowfall if the climate is warming? Is there scientific consensus that people are causing today's climate change? Do natural variations in climate contribute to today's climate change?
A negative cross elasticity of demand means that two goods are _____, while a negative income elasticity of demand means that a good is a(n) _____ good. complements; normal substitutes; inferior substitutes; normal complements; inferior
A negative cross elasticity of demand means that two goods are complements, while a negative income elasticity of demand means that a good is a(n) inferior good.
What is cross elasticity of demand?
This is a term that has to do with the sensitivity of the demand of goods and services to the prices of other goods.
When it is negative it means that they are complements. It is inferior when income elasticity is also negative.
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The new economy a. all of the above. b. moves white collar jobs to countries with cheaper labor. c. shifts demand from physical labor to cognitive abilities. d. moves manufacturing to countries with cheaper labor.
The new economy will move white-collar jobs, shift demand from physical labor and moves manufacturing to countries with cheaper labor. Thus the correct option is A.
What is an economy?An economy is a huge series of connected production and consuming activity that helps determine how limited resources are distributed in an efficient manner.
The new economy will help provide better production options with cheaper labor available in countries and advanced technology utilization. Small firms can also do business with the help of entrepreneurship by bringing innovative ideas to work.
This will bring cultural advancement which helps in hiring people from diversified backgrounds at work and by moving white-collar jobs to countries with cheaper rates. This will help them with opportunities to grow.
Therefore, option A all of the above is the correct answer.
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If you focus on the present now, instead of focusing on your future concerns, you will be able to __________. a. gain more enjoyment from your leisure time b. avoid doing more work than necessary c. create a feeling of control in your life d. all of the above please select the best answer from the choices provided a b c d
If you focus on the present instead of the future, you will be able to gain more enjoyment from your leisure time, hence option A is correct.
What is meant by the term Leisure?Leisure can be defined as a time set apart from relaxation, or a time to relax from work or any mentally or physically draining activity.
It should be noted that when one is distracted by the future or the past, one is bound not to get the most out of their leisure time.
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When you start at a new job, what are two documents that you will fill out?.
Answer:
I-9Form of identification or financial form(e.g. direct deposit form, benefits enrollment form, W-4)How does accenture help companies harness the power of data to achieve optimal business outcomes?.
The things that are implemented by Accenture to ensure the reliability of their data are data governance and management policies.
What is data governance?Data governance simply means the collection of tools, processes, standards, policies, etc. which ensure the efficient and effective use of information in an organization.
Data governance and management policies are used by the company for the efficient use of information. Also, the use is strong authentication in order to access sensitive data is needed to ensure privacy.
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Imagine you are working in business analytics for a company that interests you. It could be a sports team, a movie studio, a video game maker, or a clothing designer, for example. Explain how you would use business analytics to improve the company’s goods or services. Make sure your answer shows your knowledge of what business analytics is.
Modern big data analytics and operations expect the styles of consumers. After that, they use the one's styles to inspire brand loyalty as they are able to acquire greater data to examine greater developments for customer satisfaction.
What do you mean by Business analytics?
Business analytics (BA) is a set of disciplines and technology for fixing commercial enterprise issues with the usage of records analysis, statistical models, and different quantitative methods.
Business analytics allows for handing over smarter offerings and products.
Thus, Business analytics allows organizations to provide better products and improve customer satisfaction.
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Write a summary of the communication differences between men and women.
Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”
What are the communication differences between men and women ?The communication differences between men and women is that that men and women are very likely to show different styles of verbal communication.
Men are known to be very easy to adopt what is known as the “report talk,” but women are known to move or gravitate toward a kind of “rapport talk.”
Note that the Reporting style of communication is one that is influence or pushed by the exchange of some kind of factual information to handle any issue or problem.
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Answer:
Explanation:
men speak with less emotion than women and they speak with confidence which helps them assert their dominance but women speak with more emotion which makes them more helpful when there is an emotional topic being spoken about
360.org, an organization working toward curbing climate change, recently conducted an interview with Jessica for the position of a public relations officer. However, interviewers Brenda and Laura are divided over whether Jessica should be given the job. Brenda believes that Jessica does not have in-depth knowledge about the issue of global warming and its impact. On the other hand, Laura feels that Jessica would be perfect for the job because she has strong interpersonal skills. Which of the following, if true, would weaken Laura's argument?a. Gaining the support of corporate giants would comprise a large part of the job.
b. Jessica will need to prepare extensive reports about the issue of climate change.
c. The role will require Jessica to give presentations to environmental experts on renewable modes of energy.
d. Jessica had negligible experience in research and development.
The factor that would weaken the argument of Laura is that Jessica was unable to communicate clearly why she was right for the job.
How to know the person that is right for a job.The way to determine the person that would be right for the job is to go through the portfolios of the candidates and determine the person that has the most skills and experience tailored towards the job.
Jessica does not know about the issues of the job but she has good interpersonal skills. If she does not communicate the reason she is right for the position, it would weaken her position.
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__________are networks of independent companies, suppliers, customers, and manufacturers connected via information technologies so that they can share skills and costs and have access to each other's markets.
The complete statement reads "Virtual organization networks of independent companies, suppliers... " This is further explained below.
What is a virtual organization?Generally, the virtual organization is simply defined as
In conclusion, Using information technology, a virtual organization is a network of independent enterprises, suppliers, consumers and manufacturers that may pool talents and expenses and get access to one other's markets via the sharing of information.
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Each of the following financial products will help you build a credit
history EXCEPT
O Secured credit card
O Debit card
O Auto loan
O Credit card
The option B, Debit card is true as it does not help in building a credit
history.
What is a debit card?A debit card is a payment card that can be used in place of cash to make purchases. It deducts money directly from a consumer's checking account when it is used.
Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit cards allow you to borrow money from the card issuer up to a particular limit.
Thus, option B debit card is true because to build a credit history it is necessary to borrow from a bank.
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Select the correct answers from each drop-down menu. phillip purchased a machine for his business last year. it cost $50,000. the machine required a skilled operator, who was a worker earning $2,000 per month. how will phillip treat the cost of the machine and the wages of the skilled operator in his books of accounts? in his books of accounts, phillip will record the machine as a(n) and the wages paid to the skilled operator as a(n) .
Philip will treat the cost of machine as an asset, and the wages paid to the skilled operator will be treated as an expense.
What is the difference between an asset and an expense?An asset is referred to as such utility, whether tangible or intangible, which owned and controlled solely by a business organization in the normal course of business.
An expense, on the other hand, is regarded as the payments which are made for ensuring normal and smooth functioning of the business operations in a firm.
Some examples of assets are plant and machinery, goodwill, patents, land, building, and such others. While the examples of expenses include rent, salaries and wages.
Hence, the difference between an asset and an expense is given.
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Answer:
asset
expense
Explanation:
How does the Competition Commission regulate competition in South Africa?
(
In South Africa, the Competition Commission regulates competition by monitoring restrictive business activities and regulating the mishandling of positions and the mergers of entities.
What is Competition Commission?Competition Commission is an independent authority established under the Competition Act of the year 1998.
Competition Commission was established in the country of South Africa in order to promote healthy competition. It can be resulted in providing goods to consumers at competitive costs with varied products and initiates adaptability, enhancing efficiency and the development of the economy.
Therefore, the regulation of business practices and the mergers are the ways in which Competition Commission regulates the Competition.
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What is the organizational structure for an supermarket?
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
Which type of people should be chosen to form the project team?
Answer:
which tipe of team...............
Wich of the following accounts is credited after the sale of a fully depreciated asset
Answer:
Relevant asset account is credited
Determine, to the nearest tenth of a year, how long it would take an investment to double at a 3 3 4 % interest rate, compounded continuously
Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
When will the investment double in value?The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is:
= 3.75%
To double, the formula is:
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
= 18.5 years
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What is the relationship between costs of materials and distribution channels?
Answer:
A distribution channel is the set of steps it takes for a product to get in the hands of the key customer or consumer. Distribution channels can be direct or indirect. Distribution can also be physical or digital, depending on the kind of business and industry.
Explanation:
What are messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company
External-informational messages are the messages that a company sends to clients to tell them of its services or products or remind them of benefits they can attain by doing business with the company.
What are External-informational messages?This can be the way of sending messages or information from a business to people that are outside the business environment.
The message that is sent is meant solely for the external environment and not for the people within.
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I am planning to open a bakery and sell bread. My fixed costs for the bakery total $200,000. If I sell my bread for $6 and I use up $1 worth of ingredients baking each loaf, how many loaves do I have to bake to break even
Answer:
40000
Explanation:
I got this answer by 200000 ÷ 5 because the loafs caused one dollar to make and sell for six dollars.
It equals 40000 therefore 40000 loafs are needed to be made to even up with the cost it takes to fix the bakery.
Jerica wants to watch videos about careers in the construction field. which resource would be most helpful for this? careeronestop o*net the bls the sba
The resource would be most helpful for this careeronestop hence option A is the correct answer.
What is Careeronestop?Careeronestop is an online tool that seeks to help job seekers and the unemployed get the right information they need about their next job or the job they are about to apply to.
Careeronestop provides resources ranging from videos, training, and workshops.
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Question 1 of 10
What is one advantage of a trade school education?
A. You can postpone getting a job longer.
One advantage of a trade school education is that there is easier access to courses and specialized knowledge.
What is a Trade School Education?This refers to the type of education where some technical skills are taught to students to be knowledgeable in certain tradecrafts and occupations.
Hence, we can see that based on the fact that this is post-secondary education, it gives the students the added edge of getting access to skills and specialized knowledge.
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Answer: It is less costly than attending a four-year college.
Explanation:
In what way does a cost center differ from either an investment center or a profit center? Select one: A. Cost centers are a much less common component of current business organizations, given the increased emphasis on value chain analysis. B. A cost center is always smaller than either an investment center or a profit center. C. A cost center recognizes neither revenues nor computes income. D. Both A and B are correct.
Answer:
C. A cost center recognizes neither revenues nor computes income