ODM (Original Design Manufacturer) (Original Design Manufacturer) This type of manufacturing is also known as private labelling. With ODM, you contact a manufacturer of an existing product.
Typically through a site like manufacturing , and have the product branded with your company's name and logo. You can sometimes request changes. The ODM owns the "rights" to the product because it was designed by it. Example: Phone cases and chargers are examples of ODM-created products, which are more common in the food industry . ODMs allow a company to bring a product to market without having to completely design the hardware or invest in production facilities.
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The AutoSum icon is located in
which of the following groups on the
Home tab? *
Answer:
The AutoSum option can be found in two areas: It is contained in the Editing group of the ribbon, as shown in the first example above. It can also be found under the Formulas tab.
The pros and cons of new product concepts are analyzed during the idea generation phase of new product development.
True
False
urban structure in the united states could be said to be a product of what economists call the bid-rent. what is meant by the bid-rent?
The bid-rent theory is an economic concept that explains how the price and demand for real estate are influenced by their location and accessibility.
It states that the value of a particular piece of land is determined by the maximum amount someone is willing to pay for it, based on its location and access to amenities and resources.
As an area becomes more desirable, demand for the land increases, and the bid-rent for that location also increases. This can lead to the development of high-density urban areas where property values are high, and lower-density suburban areas where property values are lower.
In the United States, this theory has played a significant role in shaping the urban structure of cities, as developers seek to maximize profits by locating their properties in areas with high bid-rent values.
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25 points, Why are certain brands global? 3-4 sentences, please.
Answer: Certain Brands can be global because of their profits, Let's take cars for a example, Cars can be made and distributed based on the company if they can pay for all the shipping and everything, but it really depends on the company and what they are selling.
Explanation:
Suppose a company will issue new 20-year debt with a par value of $1,000 and a coupon rate of 8%, paid annually. The issue price will be $1,000. The tax rate is 35%. If the flotation cost is 2% of the issue proceeds, then what is the after-tax cost of debt? Disregard the tax shield from the amortization of flotation costs. Round your answer to two decimal places. % What if the flotation costs were 11% of the bond issue? Round your answer to two decimal places. %
Answer:
if the flotation costs were 2%, the after-tax cost of debt is 5.10%
if the flotation costs were 11%, the after-tax cost of debt is 4.63 %
Explanation:
After-tax cost of debt = Market Interest × ( 1 - tax rate)
Calculation of the Market Interest
Hint : Use the time value of money principles
Pv = -$1,000
Pmt = $1,000 × 8 % = $80
P/yr = 1
N = 20
Fv = $1,000
YTM = ?
Using a financial calculator, the market interest is 8%
After-tax cost of debt = Market Interest × ( 1 - tax rate)
= 0.08 × (1- 0.35)
= 0.052 or 5.20 %
If Flotation cost is 2%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.02)
= 5.096 % or 5.10% (two decimal places)
If Flotation cost is 11%
Net Receipts after flotation cost = Cost × ( 1 - flotation rate)
= 5.20 % × (1-0.11)
= 4.628 % or 4.63 % (two decimal places)
Bonds between two atoms that are equally electronegative are ________. group of answer choices
The bonds between two atoms that are equally electronegative are called nonpolar covalent bonds. (option (C))
In a nonpolar covalent bond, the atoms have the same or very similar electronegativities. Electronegativity is the ability of an atom to attract electrons towards itself in a chemical bond. When two atoms with similar electronegativities bond together, they share the electrons equally.
One example of a nonpolar covalent bond is the bond between two chlorine (Cl) atoms in a molecule of chlorine gas (Cl2). Both chlorine atoms have the same electronegativity, so they share the electrons in the bond equally.
Another example is the bond between two hydrogen (H) atoms in a molecule of hydrogen gas (H2). Hydrogen atoms have the same electronegativity, so they also share the electrons equally in the bond.
To summarize, when two atoms have the same electronegativity and share electrons equally, the bond between them is called a nonpolar covalent bond.
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complete question:
Bonds between two atoms that are equally electronegative are ________.
a)hydrogen bonds
b)ionic bonds
c)nonpolar covalent bonds
d)polar covalent bonds
A person has $120 to spend on two goods (x and y) whose respective prices are $3 and $5 per unit. (a) Draw the budget line showing all the different combinations of the two goods that can be bought with the given budget. (b) What happens to the budget line if the budget (money available to spend) falls by 25%. (c) What happens to the budget line if the price of good x doubles? (d) What happens to the budget line if the price of good y falls to $4?
Answer:
Price of good x is $3
Price of good y is $4
can woolworths raise extra capital for expansion
Woolworths can raise extra capital for the expansion a shop in each kingdom in Australia. With the organisation and its stores strolling correctly. Woolworths commenced to experiment with expanding their grocery range more shops began stocking clean culmination and vegetables and a bigger variety of meals.
Woolworths has created an aggressive facet thru its tremendous logistics systems and particularly organized providers' contracts, which ensure that goods are introduced at the proper time. further, the employer uses era to manipulate its delivery chain and stock.
Woolworths has created an aggressive part thru its outstanding logistics systems and relatively organized providers' contracts, which ensure that items are brought at the right time. in addition, the employer makes use of technology to control its supply chain and stock.
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Fiber optics have been "too good for their own good," fueling an over-reliance on (wireless) cloud computing that now requires integrated photonics to relieve the increasing demands society makes of the technology. Can you think of another example where such a back-and-forth between a technology's capability and society's response has guided its evolution?
Answer:
Cell phones
Explanation:
If we go back a few years in time, a little over 30 years actually, cell phones were not smart and you could only talk with them. Actually, they were so big and heavy, that you could use them as hammers also. Motorola's first cell phone was as big as a shoe box and weighted around 2.5 pounds. Back then cell phones were expensive and very few people used them.
Fast forward a few years and smaller cell phones appear and 2G technology arrives. You could use a cell phone to call or message someone else. As cell phones got cheaper, more and more people started to use them and companies like AT&T started to collapse and you couldn't get a decent signal anywhere.
But cell phones would continue to improve and 3G was developed in order to satisfy the growing number of consumers. AT&Ts signal was still terrible. Blackberry came and phones started to get smarter. But as cell phones got smarter, more people wanted them. Then came Steve Jobs with the iPhone and demand grew so much that all the companies' systems collapsed (now all were as bad as AT&T).
That led to the introduction of 4G technology, but even before 4G technology is available everywhere, 5G technology has been developed. Finally, 5G technology is available in all the US (this year AT&T managed to do so, although Verizon did it earlier). But in other countries, 5G technology is already becoming obsolete and 6G is soon to be the standard.
Our everyday use of smart devices has forced technological advances to speed up. It took about 15 years for 2G to arrive, and then it took about 10 for 3G to be available. But in less than 15 years other countries have gone from 3G to 6G (China has already launched its 6G satellites which will start providing that technology).
Define and describe an example of the unequal distribution of the risks and benefits of technological change. Find resources which provide evidence of the differential outcomes. Based on what you understand about the causes of technological change, how are they connected, or not to the consequences of technologies?
This a topic given to me for a term paper. I would like to know what are some examples of that has effects society.
The unequal distribution of risks and benefits of technological change is a phenomenon that has far-reaching consequences for different stakeholders in society. An example of this phenomenon is the gig economy, which is characterized by work arrangements that are temporary, flexible, and independent.
In the gig economy, workers provide services such as transportation, delivery, and other types of work on a freelance basis. This model of work has enabled many people to earn a living and supplement their income. However, the benefits of the gig economy are not evenly distributed among workers. Some workers earn higher wages, enjoy more autonomy, and have access to more opportunities than others.
Moreover, the risks of the gig economy are borne disproportionately by workers. For example, workers in the gig economy are not entitled to benefits such as health insurance, retirement plans, and workers' compensation. Furthermore, they are not protected by employment laws and regulations that guarantee minimum wages, maximum hours, and safe working conditions. As a result, workers in the gig economy are vulnerable to exploitation, discrimination, and other forms of abuse.
There is a growing body of evidence that demonstrates the uneven distribution of risks and benefits of the gig economy. Studies have shown that workers in the gig economy earn less than workers in traditional employment arrangements and have less access to benefits such as health insurance and retirement plans. Moreover, they are more likely to experience insecurity, stress, and burnout than other workers.
The causes of technological change are complex and multifaceted. Some of the main drivers of technological change are innovation, competition, and efficiency. Innovations in technology can create new products, services, and markets that generate economic growth and enhance social welfare. Competition among firms can drive technological change by incentivizing them to develop new technologies that reduce costs and increase productivity. Efficiency improvements can lead to technological change by enabling firms to produce more output with less input.
In conclusion, the unequal distribution of risks and benefits of technological change is a critical issue that has significant consequences for different stakeholders in society. The example of the gig economy highlights the need for policymakers to ensure that technological change benefits all members of society, not just a few privileged individuals or firms. By addressing the root causes of technological change and designing policies that promote inclusive growth and social justice, policymakers can help to create a more equitable and sustainable future for all.
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Find the annual payment required at the beginning of the year for the next 18
years in order to accumulate $130,000. Assume that the money is growing in a bank account earning 4.5% per annum.
To accumulate $130,000 in the next 18 years, with a bank account earning 4.5% per annum, an annual payment of approximately $4,356.42 is required at the beginning of each year. This calculation is based on the concept of present value and the formula for calculating the future value of an ordinary annuity. In this scenario, the objective is to determine the annual payment required to accumulate a future value of $130,000 over a period of 18 years, with an interest rate of 4.5% per annum.
To calculate the annual payment, we use the concept of present value. The present value represents the current worth of a future amount of money, accounting for the time value of money and interest rate. The formula for calculating the future value of an ordinary annuity is:
FV = P * [(1 + r)^n - 1] / r
Where:
FV = Future value ($130,000)
P = Annual payment
r = Interest rate per period (4.5% or 0.045)
n = Number of periods (18 years)
Rearranging the formula to solve for P, we have:
P = FV * [r / (1 + r)^n - 1]
Substituting the given values, we find:
P = $130,000 * [0.045 / (1 + 0.045)^18 - 1]
Calculating this expression yields an annual payment of approximately $4,356.42, rounded to two decimal places.
Therefore, an annual payment of approximately $4,356.42 at the beginning of each year for the next 18 years would be required to accumulate $130,000 at an annual interest rate of 4.5%.
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True or false: how audience members perceive a business presentation speaker's authenticity impacts how they regard the speaker's message
Definitely true. If the speaker doesn’t seem authentic, the message doesn’t seem as important to listen to.
What is the rate of return for an investor who pays $1054. 47 for a three-year bond with a 7% coupon and sells the bond one year later for $1,037. 19?
A) 5. 00%
B) 5. 33%
C) 6. 46%
D) 7. 0%
The rate of return for the investor is approximately 5.00%, which corresponds to option A) 5.00%.
To calculate the rate of return for an investor, we need to consider both the coupon payments received and the capital gain or loss from selling the bond.
First, let's calculate the coupon payments:
Coupon Payment = Coupon Rate * Face Value
Coupon Payment = 7% * Face Value
Next, let's calculate the capital gain or loss:
Capital Gain/Loss = Selling Price - Purchase Price
Now, let's calculate the total cash flows:
Year 1: Coupon Payment
Year 2: Coupon Payment
Year 3: Coupon Payment + Selling Price
Finally, let's calculate the rate of return (IRR) using these cash flows:
IRR = (Cash Flows / Initial Investment)^(1/n) - 1
In this case, n = 3 (number of years).
Let's calculate the rate of return:
Coupon Payment = 0.07 * Face Value
Coupon Payment = 0.07 * 1000 (assuming the face value is $1000)
Coupon Payment = $70
Capital Gain/Loss = Selling Price - Purchase Price
Capital Gain/Loss = $1037.19 - $1054.47
Capital Gain/Loss = -$17.28 (negative value indicates a loss)
Total Cash Flows:
Year 1: $70
Year 2: $70
Year 3: $70 + $1037.19
IRR = (Cash Flows / Initial Investment)^(1/n) - 1
IRR = ($70 + $70 + $70 + $1037.19) / $1054.47^(1/3) - 1
IRR ≈ 0.0500 or 5.00% (rounded to two decimal places)
Therefore, the rate of return for the investor is approximately 5.00%, which corresponds to option A) 5.00%.
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What are 3 specific actions you want to take in order to start networking?
What type of individuals do you want to start networking with? (professors, individuals in specific careers, etc)
What does your specific "brand" look like? What do you want people to think/feel when they see you or your image?
What are 3 actions you would like to take to develop your specific "brand"?
To start networking, I would take the following three actions: 1. Attend industry events and conferences. 2. Join professional associations or groups.3. Utilize online networking platforms.
Attend industry events and conferences: Actively participating in relevant professional gatherings allows me to meet and connect with individuals in my field of interest. I can engage in conversations, exchange business cards, and build relationships with like-minded professionals.
Join professional associations or groups: Being part of professional organizations provides opportunities to network with individuals who share similar interests and goals. Engaging in discussions, attending meetings, and participating in collaborative projects can help establish valuable connections.
Utilize online networking platforms: Leveraging social media platforms, such as LinkedIn, allows me to expand my professional network virtually. I can connect with professionals in my industry, join relevant groups, and share insights and experiences to establish my online presence.
In terms of the type of individuals I want to network with, I would aim to connect with professionals in specific careers or industries related to my interests and goals. This could include individuals in senior positions, mentors, entrepreneurs, industry experts, or potential collaborators who can offer valuable insights and opportunities for professional growth.
Regarding my specific "brand," I want people to perceive me as knowledgeable, reliable, and passionate about my field. I want them to see me as a professional who is dedicated to continuous learning and growth, someone who actively contributes to the industry and is a trusted resource for others. Overall, I want to create a positive impression that reflects my expertise, integrity, and commitment to excellence. To develop my specific brand, I would take the following three actions:
Define my unique value proposition: Identify my strengths, skills, and experiences that set me apart from others in my field. Clarify what makes me unique and valuable, and align my personal and professional goals accordingly.
Cultivate a strong online presence: Develop a professional website or online portfolio to showcase my expertise, achievements, and projects. Regularly share valuable content, insights, and industry updates through blog posts, social media, and professional networks.
Seek opportunities for thought leadership: Contribute to relevant industry publications, speak at conferences or webinars, or participate in panel discussions to establish myself as an authority in my field. Sharing my knowledge and experiences can enhance my reputation and expand my network of connections.
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Why is the productivity of service businesses measured differently than that of manufacturing businesses?
Service businesses typically measure productivity differently than manufacturing businesses due to the different nature of the two industries.
While manufacturing businesses measure productivity in terms of how much product they can produce within a given period, service businesses measure productivity by how well they are able to provide their services to customers.
This can be measured by the level of customer satisfaction, the speed of service delivery and the quality of the services provided.
By measuring productivity in this way, service businesses can ensure that their services are being delivered in the most efficient and effective way possible.
As a result, many service businesses rely on metrics such as customer satisfaction and employee performance to evaluate productivity.
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Suppose that Carla Vista issued a five-year interest-bearing note payable for $345000 on January 1,2024 . Each January the company is required to pay $69000 on the note. How will this note be reported on the December 31,2025 balance sheet? Long-term debt, $276000 Long-term debt, $207000; Long-term Debt due within one year, $69000 Long-term debt of $276000; Long-term Debt due within one year, $69000 Long-term debt, $345000
On the December 31, 2025 balance sheet, Carla Vista will report the note as Long-term debt of $276,000 and Long-term Debt due within one year of $69,000. This classification reflects the portion of the note that is payable beyond one year and the portion that is due within one year.
The note payable was issued on January 1, 2024, for $345,000 with a term of five years. Each January, Carla Vista is required to pay $69,000 on the note. Since the note was issued on January 1, 2024, and the balance sheet date is December 31, 2025, there will be two remaining payments due within one year. The long-term debt portion on the balance sheet will include the remaining principal balance of the note that is payable beyond one year, which is $276,000 ($345,000 - $69,000 - $69,000). This represents the amount that is not due within the next year.
Additionally, the long-term debt due within one year will include the two remaining payments of $69,000 each, totaling $69,000. This reflects the portion of the note that is due within the next year. Therefore, the correct reporting of the note on the December 31, 2025 balance sheet would be as follows: Long-term debt of $276,000 and Long-term Debt due within one year of $69,000.
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Cross- functional teams consist of groups of employees from different departments who work together on a long term basis. These teams are empowered to make decisions without having to seek the approval of management. Barriers between functions fall when these interdepartmental teams are created. This is describe the characteristics of ____
Barriers among functions fall when interdepartmental teams are created. This is describe the characteristics of cross-functional teams.
Cross-functional teams are collections of individuals from different organizational divisions, such as marketing, product development, quality assurance, sales, and finance, who collaborate to accomplish a shared objective. Cross-functional teams can be established with a broader continuous goal, but they are frequently set up to finish a single project.
The "silos" of a typical organizational structure are broken down by cross-functional teams so that the team can see the broad picture. The collective team may more effectively solve problems and accomplish project objectives by collaborating with people who have different perspectives, specialties, and backgrounds.
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Why can’t a guy just love me, I would give him cuddles , kissed in the forehead , call him baby/ sunshine , let him use my thighs as pillows LOL ( don’t ask ) would play video games with him 24/7 , go to theme parks and have so much fun! I only wish it was real :(
Answer:
Dont rush anything!
Explanation:
The person who is meant for you will come soon :)
river corp's total assets at the end of last year were $405,000 and its net income was $32,750. what was its return on total assets? river corp's total assets at the end of last year were $405,000 and its net income was $32,750. what was its return on total assets? 9.62% 8.09% 8.98% 7.52% 7.20%
The return on total assets measures the profitability of a company in relation to its total assets. To calculate this ratio, we divide the net income by the total assets and multiply by 100 to express it as a percentage.
Return on total assets is a financial ratio that measures a company's ability to generate profit from its assets. It is calculated by dividing the net income by the total assets and multiplying by 100 to express it as a percentage. In this case, River Corp had a net income of $32,750 and total assets of $405,000. By plugging these values into the formula, we find that the return on total assets for River Corp is 8.09%. This means that for every dollar of assets, River Corp generated a return of 8.09 cents in net income. The return on total assets is an important metric for assessing a company's profitability and efficiency in utilizing its assets.
This means that for every dollar of assets, River Corp generated a return of 8.09 cents in net income. A higher return on total assets indicates better profitability and efficiency in using assets to generate income. It also suggests that the company is effectively managing its resources and generating value for its shareholders. Therefore, with a return on total assets of 8.09%, River Corp performed relatively well in terms of profitability and asset utilization.It indicates how well a company is able to generate income from its investments in assets. In the case of River Corp, with total assets of $405,000 and a net income of $32,750, the return on total assets is calculated as follows:
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Eco Lawn Care Corp., a company that manufacturers environmentally friendly lawn care products, has been operating as a business for a year. The CEO, Markus, started his venture by deciding on the activities that would be involved and what his goals and objectives for the business were. He then started to recruit professional chemists and other personnel and grouped them according to their responsibilities. Every month Markus conducts a meeting where he brings attention to those who are doing good work and motivates everyone to achieve organizational goals. He also checks the daily productivity of each of the workers, monitoring them and providing training to those with low productivity. When Markus was deciding on the activities that would be involved in the business and establishing the goals and objectives, he was performing the ________ function of management.
A) planning.
B) organizing.
C) leading.
D) controlling.
E) decision making.
The act of deciding on the activities that would be involved in the business and establishment of goals and objectives is a planning function of management
What is the planning function?The planning function is a management function that involves establishing of goals and arranging them in logical order.
Hence, the act of deciding on the activities that would be involved in the business and establishment of goals and objectives is a planning function of management
Therefore, the option A is correct.
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Under the Investment Advisers Act of 1940, cash payment to a broker-dealer from an investment adviser in return for client referrals is A) not permitted under any circumstances B) permitted with no restrictions C) permitted if the investment adviser makes certain disclosures to the clients and meets other requirements D) permitted if the investment adviser and broker-dealer are affiliated
Answer:
It's A.
Explanation:
Organizations are complex, closed systems that both influence and are influenced by their environment. True False
True. Organizations are complex, closed systems that interact with and are influenced by their environment. An organization exists within a larger context and is affected by factors such as the economy, technological advancements, social and cultural norms, legal and regulatory frameworks, and market conditions.
These external forces shape the organization's strategies, operations, and decision-making processes.
Simultaneously, organizations also exert influence on their environment. They can create products and services that meet market demands, generate employment opportunities, contribute to economic growth, and impact social and environmental aspects.
They may also engage with stakeholders, such as customers, employees, suppliers, and the community, which further shape the organization's actions and outcomes.
The concept of organizations as closed systems highlights that they have their own internal dynamics, structures, processes, and goals. They operate with a degree of autonomy, while being interconnected with their environment.
This interdependence means that changes in the external environment can necessitate adjustments within the organization, and the organization's actions can also affect its surrounding context. Therefore, understanding and managing the complex relationship between organizations and their environment is crucial for their long-term success and sustainability.
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In 2013, the Oakland A's were one of the hottest teams in baseball. They were regularly drawing "sellout" crowds, with many more fans wanting tickets. However, the A's did not sell all of the 56,000 seats. The A's removed or put tarps over roughly 20,000 seats in most of the third deck and the outfield stands. The A's management said that the reason was to create a more intimate feeling for the fans. What's another explanation? The A's removed or put tarps over roughly 20,000 seats to
Answer:
The other reason was to limit the number of special seats to charge a higher price for them.
Explanation:
Oakland A's knows that it has a large number of dedicated fans and that they are thirsty for tickets to watch the games, as these tickets are in high demand. In this case, when Oakland A's puts tarps or removes only on 20,000 seats and claims that it is to promote a more intimate experience for fans, it is because it knows that fans will want to occupy these special places, no matter what price they need to pay. In this case, we can say that a probable reason for the existence of these 20,000 unavailable seats is to increase the profit from ticket sales, by charging a higher price for the available seats.
all three level of professionals are required to run an organization or a business is smoothly classified as a statement
All three levels of professionals are required to run an organization or a business smoothly. Justify this statement.
Answer:
It is TRUE that All three levels of professionals are required to run an organization or a business smoothly.
The three levels of professional required are:
Top-level management
Middle-level management
Low-level management
Explanation:
Top-Level Management
Top-level managers or professionals are the people that involve in taking an extensive means of actions or decisions for the firm or business as a whole and focus on the long-term success of the business or company. They take up roles such as Chief Operations Officer (COO), ), Chief Financial Officer (CFO), Chief Executive Officer (CEO), etc.
Middle-Level Management
Middle managers or professionals are an essential part of an organization and they are involved in the intermediate management operation whose responsibility involved supervising the lower-level managers to meet the company's goals. For example, they are General managers, branch managers, department managers, etc.
Low-Level Management
Low-level managers or professionals are a core part of organizations, they ensure there is a practical technique and creativity with strong interpersonal skills to maximize particular operational processes to achieve organizational success. For example, they are Office Manager, Shift Supervisor, Store Manager, etc.
1. Why is career education so important for teens?
5. in problem 4, a new dip increases the quantity of potato chips that people want to buy by 30 million bags per week at each price. a. does the demand for chips change? does the supply of chips change? describe the change. (5 points) b. how do the equilibrium price and equilibrium quantity of chips change? (5 points)
(a). The weekly rise in demand for chips of 30 million bags at each price demonstrates a change in consumer preferences. (b). Due to the increasing demand, the equilibrium price rises.
The equilibrium price and quantity of potato chips will both increase due to the increase in demand. The new demand curve intersects the existing supply curve at a higher price and quantity compared to the previous equilibrium. This means that the new equilibrium price and quantity of potato chips will be higher than the previous equilibrium. The increase in equilibrium price and quantity can be explained by the law of demand and supply. According to the law of demand, when the demand for a good increases, the price of the good increases, assuming supply remains constant. Similarly, according to the law of supply, when the demand for a good increases, suppliers increase the quantity of the good supplied, assuming the price of the good remains constant. In conclusion, the introduction of a new dip in the market increases the demand for potato chips by 30 million bags per week at each price, leading to a rightward shift in the demand curve.
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The individual accounts in a general ledger are frequently assigned a number according to the _____________ _____________ _____________ .
The individual accounts in a general ledger are frequently assigned a number according to the chart of Accounts.
A chart of accounts (COA) is a list of financial accounts, usually compiled by accountants, for an organization and used by accountants to record transactions in the organization's ledger. Accounts can be added to the account chart as needed; they usually will not be deleted, especially if a transaction has been recorded on the account or if there is a balance other than 0.
Accounts are usually grouped into categories, such as assets, liabilities, equity, income, and expenses.
Accounts can be associated with an identification number (account number) and caption or title and are coded according to the account type. In a computerized accounting system with quantifiable accounting, accounts can have quantitative measurement definitions. Account numbers can use numeric, alphabetic, or alphanumeric characters. However, in many computerized environments, such as the SIE format, only numeric recognition is allowed.
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What are the three 3 main types of letter of credit?
The maximum not unusual place cutting-edge letters of credit score are business letters of credit score, standby letters of credit score, revocable letters of credit score, irrevocable letters of credit score, revolving letters of credit score, and purple clause letters of credit score, despite the fact that there are numerous others.
The required details for letter of credit in given paragraph
A letter of credit score, or a credit score letter, is a letter from a financial institution making certain that a customer’s fee to a supplier can be acquired on time and for the ideal quantity. If the customer is not able to make a fee at the purchase, the financial institution can be required to cowl the overall or closing quantity of the purchase. It can be supplied as a facility. Due to the character of global dealings, along with elements inclusive of distance, differing legal guidelines in every country, and issue in understanding every birthday birthday celebration personally, the usage of letters of credit score has grow to be a completely vital issue of global trade. Buyers of primary purchases might also additionally want a letter of credit score to guarantee the vendor that the fee can be made. A financial institution troubles a letter of credit score to assure the fee to the vendor, basically taking obligation that the vendor can be paid.
A customer have to show to the financial institution that they have got enough assets or a sufficient line of credit score to pay earlier than the financial institution will assure the fee to the vendor.
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The cost of doing business and establishing retail pricing are directly related to a business’s bottom line. Therefore, if there is a change in the cost of goods, it will affect the profitability of a business that has set prices for its products.
How might profitability and market share be affected if retail pricing fluctuates depending on the cost of raw materials?
Why do you believe that to be the case?
Why is it important that a company’s pricing objectives fit well with its marketing objectives?
Please number your response for each question (1, 2, and 3).
(1). As increases in the cost of raw materials are there, because higher the raw material, there will be increasing of production cost at company levels. As it could felt by the consumers.
What is Business?The word business is defined as, Businesses that are for-profit operate to make a profit, whereas those that are noncommercial do so to further a philanthropic cause. The term business refers as They could be industrial.
(3). As each business has their different goals and objective by having the pricing objective, the framework was there which determines. That how you should set your prices.
Therefore, As a result, by changes in the retail pricing of the products, there would be direct effect of business will be there in it.
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what kind of technology refers as local technology or indigenous technology ?
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Answer:
Local technology refers to the technology which are used in our locality from the ancient time and are made of locally available materials for the welfare of local people.
Explanation: