Strategic Positioning is what Michael Porter defined as "an attempt by an entity to achieve sustainable competitive advantage" through the preservation of its distinctiveness.
The entity can position itself in the market by choosing from the strategies of differentiation, segmentation, or comparison.In addition, Porter noted that using these strategies, an entity can make its products to stand out among its competitors with focused messages for its target customers.Thus, a product can be positioned in the market by focusing on the product characteristics, quality, luxury value, price, or competitive performance.
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Using the discriminant analysis techniques to predict the bankruptcy, answer the following credit worthiness questions regarding Honda and Toyota. The informations for both corporations are shown as follows. Current assets Total assets Current liabilities Shareholders' equity Book value of shareholder's equity Net Revenue Retained earnings Earnings before interest and taxes Market price per share Honda (in million) 7,877 13,535 7,519 a. Calculate the market value for both corporations b. What is the book value of debt for Honda and Toyota? 4,694 8,788 6,168 1,364 1,731 0.20 c. Compute the Z-score for both corporations. d. Explain why Honda have different Z-score from Toyota e. Which corporation has the high possibility of going bankrupt? Explain. Toyota (in million ¥) 9,726 13,670 6,778 5,622 9,835 6,888 839 3,194 0.40
Calculation of the market value for Honda and Toyota:Market value = Total number of shares x Market price per shareMarket value of Honda= Total number of shares x Market price per shareMarket value of Honda = 1.731 billion shares\(x $35.89\)per share \(= $62.08\)
Calculation of Z-scores for Honda and Toyota:Z-score for Honda =\(1.2A + 1.4B + 3.3C + 0.6D + 1.0\)EZ-score for Honda =\(1.2(7.877/13.535) + 1.4(4.694/13.535) + 3.3(0.20) + 0.6(1,364/13.535) + 1.0(0)\)Z-score for
Honda = 0.40Z-score for Toyota \(= 1.2A + 1.4B + 3.3C + 0.6D + 1.0EZ-score for
Toyota = 1.2(9.726/13.670) + 1.4(8.788/13.670) + 3.3(0.40) + 0.6(839/13.670) + 1.0(6,888/13.670)\)
Z-score for Toyota = 3.50d.
This difference in ratios leads to differences in Z-scores.e. Explanation of which corporation has the high possibility of going bankrupt:Toyota has a lower Z-score of 3.50 compared to Honda's Z-score of 0.40. This indicates that Toyota is more likely to face bankruptcy than Honda. A Z-score of less than 1.81 indicates a high probability of bankruptcy within two years. Therefore, Toyota is more likely to face bankruptcy in the next two years than Honda.
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Do any of you wanna become a music artist when you grow up?
Answer:
yes!
Explanation: singing awesome
Issued by corporations, these financial instruments give their holders a class ownership in a company. They are riskier than bonds but less risky than the general class of ownership.
If houston company billed a client for $19,000 of consulting work completed, the accounts receivable asset increases by $19,000 and?
Revenue is increases by $19,000.
If the Houston Company charged a client for $19,000 of consulting work completed, the records resources increments by $19,000 and Revenue also increases by $19,000.
Revenue are sales and increments for charging clients as receivable.
Revenue diminishes when there is sales return.
Cash is neither increments or nor diminishes as there is no contribution of money.
If we journalize the entry will be:
Accounts Receivable Debit the amount $19,000
Sales Revenue Credit the amount $19,000.
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an organization at which managers have reserved parking spaces and an executive dining room is likely high on the ______ dimension of cultural diversity.
An organization that offers reserved parking spaces for managers and an exclusive executive dining room is likely high on the power distance dimension of cultural diversity.
Power distance refers to the extent to which members of a society or organization accept and expect unequal distributions of power and privilege. In high power distance cultures, such as many Asian and Middle Eastern countries, there is a strong emphasis on hierarchy, authority, and status. This can manifest in various ways, such as visible symbols of rank (like reserved parking spaces), formal titles and modes of address, and strict protocols around communication and decision-making.
However, it's important to note that power distance is just one dimension of cultural diversity and should not be seen as the sole indicator of an organization's cultural values or practices. Other dimensions, such as individualism vs. collectivism, masculinity vs. femininity, and uncertainty avoidance, can also shape organizational culture and influence how employees behave and interact with each other. A truly diverse and inclusive organization should strive to understand and respect these different dimensions of cultural diversity, while also promoting fairness, respect, and equal opportunities for all employees.
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With which statement would officials at the Department of Labor most likely agree?
Businesses can best decide what workers need.
A strong workforce is important to the economy.
Workers should be left on their own to find opportunities
Our country does well when the unemployment rate is high.
A strong workforce is important to the economy is the statement that officials at the Department of Labor most likely agree.
Give examples of what labor is in business.The work that individuals put in to produce goods and services is referred to as labor. We take into account all employees when we refer to workers. Moreover, it denotes labor, particularly physical labor. For instance, the phrase relates to compensating employees if I say, "The repairs cost me $40 + $20 for labor."
What function does labor play in a company?And finally, everyone is impacted by labor productivity. Productivity growth benefits firms by increasing revenue and opening up new investment opportunities. Improved pay and working conditions for employees are possible outcomes of increasing production. Increased productivity is also essential for creating jobs over the long run.
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Select the correct text in the passage.
What sentences in the following passage indicate increased expenses for developing the advertisement?
An exercise equipment company decided to create demand for its latest plece of equipment through a TV commercial. For this purpose, it hired
an ad agency reputed for its creative skills. This agency pitched five different concepts to its client. After an extensive internal discussion, the
client gave approval for one of the ideas. The next step was to write script for the ad. Using in-house cloud-based scripting software, the agency
wrote scripts in real time. This made it easier for company to communicate effectively with the ad makers. The company also approved the
tagline and storyboard for its product. The agency hired professional actors for enacting the scene.
paragraph 2 I hope sorry if it's wrong
Answer:
For this purpose, it hired an ad agency reputed for its creative skills
and The agency hired professional actors for enacting the scene
Explanation:
both requires money. to hire someone you need money which shows a increase of expenses
Aggie Limo is considering upgrading their fleet of stretch limosines by adding a large flat screen TV. With the flat screen TV, they can charge more money enabling annual revenue for each limosine. There is also a small increase in annual cleaning costs. Flatscreen cost including installation: 1540
Additional annual revenue per car due to flat screen: 832 Additional annual cleaning cost due to flat screen: 148 What is the payback (in years)?
We must ascertain how long it will take for the additional money brought in by the flat-screen TV to offset the cost of installation and the rise in yearly maintenance expenses in order to calculate the payback period.
The flat screen TV's initial price, including installation, is $1540. The flat screen TV generates $832 more in annual revenue per car, while the higher annual cleaning expenses come out to $148. We divide the initial expense by the net yearly cash flow, which is the difference between the additional revenue and the additional cleaning expense, to determine the payback period: Initial cost x Net annual cash flow equals the payback time. Net annual cash flow is equal to additional revenue minus additional cleaning expenses ($832 minus $148 equals $684). Period of repayment = $1540 / $684 ≈ 2.25 years The addition of the flat-screen TV to the limousine fleet will therefore pay for itself in roughly 2.25 years.
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When does the finance charge begin to accrue on the credit card from the local department store
The finance charge on a credit card from a local department store will typically begin to accrue on the day that the balance is incurred. This means that if you make a purchase on your credit card, the finance charge will begin accruing on that day, regardless of when the bill is due.
Please note that some credit card companies may have different policies regarding when loan fees start. For example, some credit card companies may offer a grace period, which is a period of no loan fees, usually beginning on the billing date, as long as the balance is paid in full by the due date. Therefore, it is important to check your credit card's terms and conditions or contact customer service for the exact conditions under which a particular credit card will accrue financing fees.
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what are features of business environment
Answer:
Business environment includes specific forces such as investors, customers, competitors and suppliers. Non-human or general forces are Social, Legal, Technological, Political, etc. which affect the Business indirectly.
fiscal policy refers to the idea that aggregate demand is affected by changes in
Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
What is fiscal policy?Fiscal Policy refers to government policy of using tax and spending to meet economic goals.
Here, a government adjusts its spending levels and tax rates to monitor and influence a nation's economy.
Hence, Fiscal policy refers to the idea that aggregate demand is affected by changes in Government spending and taxes.
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on august 31 of the current year, brunswick builders received a bank statement dated august 30. review the following information obtained from the bank statement and from the records of the business. assuming that the bank balance is correct, does the bank statement reconcile?
Based on the information provided, the summary of the bank statement reconciliation cannot be determined without specific details or a comparison between the bank statement and the business records.
Bank statement reconciliation involves comparing the bank statement with the business's records to ensure they are in agreement. To determine if the bank statement reconciles, specific details from both the bank statement and the business records are necessary. The information mentioned in the question, stating that Brunswick Builders received a bank statement dated August 30, does not provide sufficient details about the specific items or transactions that need to be reconciled.
Bank statement reconciliation typically involves comparing items such as deposits in transit, outstanding checks, bank fees, interest earned, and any discrepancies between the bank statement and the business's records. Without access to this specific information, it is not possible to determine if the bank statement reconciles or if there are any discrepancies.
To reconcile the bank statement, a thorough review of both the bank statement and the business records would be required. This would involve comparing individual transactions, and ensuring that deposits, checks, and other items are accurately recorded and accounted for. By analyzing the details of the bank statement and comparing them with the business's records, any discrepancies can be identified and resolved.
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Time value of money concepts are essential to understand and apply when making many business decisions.a. Trueb. False
True. Time value of money (TVM) concepts are important to recognize and observe whilst making many business selections.
TVM refers to the principle that the value of money changes over time because of elements along with inflation, interest quotes, and possibility costs. as an example, a dollar acquired today is worth more than a dollar acquired in the future due to the capability to invest and earn interest.
With the aid of expertise TVM principles, agencies could make knowledgeable choices approximately investments, financing, pricing, and budgeting. TVM also performs a crucial role in monetary making plans and forecasting, making it a crucial idea for any business professional to understand.
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Why do you think time is an important aspect of work study
Fe2O3 + 3 CO → Fe + 3 CO2
Answer:
product 2FeO3+3CO2
Explanation:
The use of short, direct sentences with no fluff is known as ______. a. Business style b. Casual style c. Creative style d. Direct style
Answer:
A
Explanation:
The question asks you to finish the statement and supply any more words that would help it. Hence option A is correct .
What is Business Style ?Based on this, my response would be that the phrase is referred to as a business style. If I answered your question satisfactorily, please feel free to ask any more questions.
The term "Business Style" refers to the business name that the taxpayer uses that is registered with the relevant regulatory agency in addition to its registered name or company name.
BUSINESS WRITING STYLE
This corporate writing manual uses the term "style" to describe the structure, tone, and intensity of sentences.
Academic writing style and business writing style are very different.
In a book about writing, the following statement was advised to students:scholarly writing
"As a third-year history major with a little more than $10,000 in student loan debt, I find McPherson and Schapiro's rejection of Clinton's national service plan to be short-sighted and insensitive to the experiences of many college students who are struggling to pay for their education only to face significant financial burdens after graduation.
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which repayment plan will you be placed on automatically unless you change it by contacting your servicer?
The repayment plan you will be placed on automatically unless you change it by contacting your servicer is a "standard repayment plan."
This is a type of repayment plan that is considered to be bare, especially for individuals repaying their student loans.
Generally, except if the individual intentionally changes the plan, people are automatically placed in this plan when the repayment begins.
This is usually a 10year repayment plan.
Hence, in this case, the correct answer is the Standard Repayment Plan.
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What can be used to customize how the data is tracked in the conversions column?
A. Auction insight report
B. Custom table
C. Include in conversions setting
D. Modify Columns setting
Include in conversions setting can be used to customize when the data is tracked in the conversions column. Thus option (C) is correct.
What is data?A data refers to any information or set of information that can be recorded, stored, and processed by a computer or other digital device. This can include text, numbers, images, audio, video, or any other type of digital information.
Data is used in a wide variety of fields and applications, including scientific research, business intelligence, marketing, healthcare, and many others.
For customize the data we can use Include in conversions setting when tracked in the conversions column. Therefore, option (C) is correct.
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Motivated by his desire to operate his own business, Caleb is considering the purchase an existing business. As he carefully weights this option, he is likely to find that: A) very few owners of small businesses have any interest in selling. B)his potential for success would greatly improve if he started his own new firm. C)the value of an existing business is determined by what the business owns, what it earns, and what makes it unique. D)any entrepreneur willing to sell their business is experiencing serious financial problems.
Answer:
B)his potential for success would greatly improve if he started his own new firm.
Explanation:
An entrepreneur refers to an individual who sees a need or discovers a problem in a society and innovatively proffers a solution using brilliant ideas or entrepreneurial thinking.
The following are four characteristics of an entrepreneur;
1. Innovative: it can be defined as a quality possessed by an individual or group of people such as an entrepreneur and typically involves the process of improving on an existing product or ideas.
2. Passionate: believing in a course and one's ability to achieve much more at a business.
3. Risk-Taker: he or she is confident enough to venture into risky businesses with the hope of an expected success.
4. Self-Confident: he or she is bold and believes in his or her abilities to excel.
In a society, the role of an entrepreneur is mainly focused on bringing the four (4) factors of production together and take the risks of producing output, so as to generate revenue through sales and make economic profits in the long-run.
In this scenario, Caleb is motivated by his desire to operate his own business and as such considering the purchase of an existing business. As he carefully weigh this option, he is likely to find that his potential for success would greatly improve if he started his own new firm as an entrepreneur.
REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same
month, 104 snowboards were sold. REI uses a periodic inventory system.
Date
Sept. 1
Sept. 12
Sept. 19
Sept. 26
Explanation Units Unit Cost
Inventory
Purchases
Purchases
Purchases
Totals
13
48
56
23
140
$115
118
119
120
Total Cost
$ 1,495
5,664
6,664
2,760
$16,583
we can analyze REI's purchases of snowboards during September using a periodic inventory system. A periodic inventory system involves determining the cost of goods sold (COGS) and the ending inventory at the end of the accounting period. the cost of goods sold (COGS) for September is $19,582,760.
The given statement states that REI is a snowboard seller and the given information is related to the purchases made by the company in the month of September. The given information is provided below;481202,760$16,583To find the cost of goods sold (COGS), we need to follow a formula;COGS = Beginning inventory + Purchases - Ending inventoryCOGS = $16,583 + $481,202,760 - Ending inventoryGiven, Gross profit = Sales - COGSGross profit = $35,682,000 - COGSAs the value of Gross profit is given, we can put this value in the formula of Gross profit to calculate COGS;Gross profit = $35,682,000 - COGS$16,099,240 = $35,682,000 - COGSCOGS = $35,682,000 - $16,099,240COGS = $19,582,760.
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A main reason that environmental scanning is important is so that businesses can be aware of.
Potential threats are the main reason that environmental scanning is important so that businesses can be aware of them.
The Potential Threats screen displays information about security risks to your customers and networks. The security server collects threat information by running the Vulnerability Assessment and Cleaning Service to clean up the threats.
A vulnerable computer has weaknesses in its operating system or applications. Many threats exploit these vulnerabilities to cause damage or gain unauthorized control. As a result, vulnerabilities not only pose a risk to the individual computers on which they reside but also to other computers on your network. The Vulnerability section lists all the clients on your network for which vulnerabilities have been discovered since the last vulnerability assessment. You can see the last update time in the upper right corner of the screen.
The Potential Threat Screen classifies clients based on the level of risk they pose to the network. The risk level is calculated by Trend Micro and represents the relative number and severity of vulnerabilities for each customer.
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What is it called when businesses are doing poorly and stock prices drop?
Answer:
When a stock price falls, that means the company must sell additional shares of stock to raise the same amount of proceeds
Explanation:
Question 34
In general, the greater the potential return, the higher the risk.
True
False
you have $5,000 to invest. you might need to use one-quarter of the money next month. which of the following would be the best investment for you?
There are 8 kinds of sewing machine. Are all of them are used for constructing a garment? Why?
What does functional expense presentation mean? What does natural expense classification mean? What is the purpose of requiring NFP organizations to present this information to users? Under FASB standards, NFP entities must clearly identify the expenses that are program related from those that are management \& general and fundraising. What is the benefit of providing this information when an entity is primarily funded by user charges (tuition and fees) versus contributions? The reflection should he annrovimataly 250 wordc
Functional expense presentation refers to the classification and reporting of expenses based on their function or purpose within a nonprofit organization. It involves categorizing expenses into specific functional categories such as program services, management and general, and fundraising.
This presentation provides transparency and clarity regarding how the organization utilizes its resources to achieve its mission and objectives.
On the other hand, natural expense classification refers to the classification of expenses based on their natural or economic classification, such as salaries and wages, supplies, rent, utilities, etc. This classification provides a more detailed breakdown of expenses based on their specific nature or type.
The purpose of requiring nonprofit organizations to present functional expense information to users is to provide them with meaningful insights into how the organization allocates its resources across different functions. It helps users, such as donors, grantors, regulators, and stakeholders, understand the organization's priorities, effectiveness in achieving its mission, and the cost structure associated with each functional area.
When an entity is primarily funded by user charges (tuition and fees) versus contributions, providing information about program-related expenses versus management and general or fundraising expenses becomes particularly important. It allows users to assess the cost-effectiveness of the programs and services being provided in relation to the fees charged. Users can evaluate whether the resources generated from tuition and fees are efficiently allocated towards fulfilling the organization's mission and delivering high-quality programs to the beneficiaries.
Additionally, the distinction between program-related expenses and other expenses helps users gauge the organization's financial sustainability and efficiency. It allows them to evaluate the portion of resources dedicated to the core programs versus administrative or fundraising activities. This information aids in making informed decisions about resource allocation, assessing the organization's performance, and ensuring accountability in utilizing funds received from user charges. Overall, providing this information enhances transparency and fosters trust and confidence among users of the nonprofit organization's financial statements.
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Assume there are external benefits associated with the production of Good X. Without government regulation, the market will: produce too much of Good X. produce too much of Good X. price Good X less than the marginal social cost. price Good X less than the marginal social cost. produce too little of Good X. produce too little of Good X. price Good X greater than the marginal cost. price Good X greater than the marginal cost.
Answer:
produce too little of Good X. produce too little of Good X.
Explanation:
A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.
A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation. Taxation increases the cost of production and therefore discourages overproduction. Tax levied on externality is known as Pigouvian tax.
Government can regulate the amount of externality produced by placing an upper limit on the amount of negative externality permissible
Which law was designed to protect older employees when a company reduces its workforce through layoffs?
The law designed to protect older employees when a company reduces its workforce through layoffs is the Age Discrimination in Employment Act (ADEA).
The Age Discrimination in Employment Act (ADEA) is a federal law enacted in the United States to protect employees who are 40 years of age or older from age-based discrimination in the workplace.
One of the provisions of the ADEA is specifically aimed at protecting older employees when a company implements layoffs or reductions in force.
Under the ADEA, it is unlawful for employers to use an employee's age as a basis for making decisions regarding layoffs, including selecting employees for termination or reducing their benefits solely based on their age.
The ADEA ensures that older employees are not unfairly targeted or discriminated against during workforce reductions and provides them with legal recourse if they believe they have been subjected to age-based discrimination.
By enforcing the ADEA, the law aims to promote equal employment opportunities and prevent age-related bias in the workplace.
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Al-Kamal Company is preparing its master budget for 2010. Relevant data pertaining to its sales, production, and direct materials budgets are as follows: Sales: Sales for the year are expected to total 1,500,000 units. Quarterly sales are 25%, 25%, 25%, and 25% respectively. The sales price is expected to be $60 per unit for the first three quarters and S65 per unit beginning in the fourth quarter. Sales in the first quarter of 2010 are expected to be 10% higher than the budgeted sales for the first quarter of 2011. Production: Management desires to maintain ending finished goods inventories at 25% of next quarter's budgeted sales volume. Direct materials: Each unit requires 4 pounds of raw materials at a cost of $6 per pound. Management desires to maintain raw materials inventories at 5% of the next quarter's production requirements. Assume the production requirements for the first quarter of 2010 are 950,000 pounds. (A) Direct labor hours are determined from the production budget. Al-Kamal Company, two hours of direct labor are required to produce each unit of finished goods. The anticipated hourly wage rate is $15. (B) Al-Kamal Company expects variable costs to fluctuate with production volume on the basis of the following rates per direct labor hour: indirect materials $1.50, indirect labor $2.00, utilities $0.50, and maintenance $0.40. Thus, for the 6,500 direct labor hours to produce 3,100 units, budgeted indirect materials are $6,200 (6,500 x $1.50), and budgeted indirect labor is $7,600 (6,500 x $2.00). Al-Kamal also recognizes that some maintenance is fixed. The amounts reported for fixed costs are assumed (C) Variable expense rates per unit of sales are sales commissions $2.50 and freight-out $1. Variable expenses per quarter are based on the unit sales from the sales budget. Al-Kamal expects sales in the first quarter to be 4,000 units. Fixed expenses are based on assumed data
Al-Kamal Company is preparing its master budget for 2010. In 2010, Al-Kamal Company's sales are expected to total 1,500,000 units. Quarterly sales are 25%, 25%, 25%, and 25% respectively.
The amounts reported for fixed costs are assumed. Al-Kamal expects sales commissions and freight-out to be $2.50 and $1, respectively, per unit sold. Variable expenses per quarter are based on the unit sales from the sales budget. Al-Kamal anticipates selling 4,000 units in the first quarter. Fixed expenses are based on estimated data. The total costs and estimated earnings are calculated on the basis of all the above information.
The cost of goods sold will be $758625, $758625, $758625, and $885575 per quarter, respectively. As a result, the gross margin for the first quarter will be $111375, with a total of $3134200 for the year. The estimated total operating expense is $300,000, including $50,000 in fixed expenses. As a result, the anticipated profit before taxes is $1,132,200.
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help me pls
forms is needed in every business and helps the business for tracking the ___ in data entry.
A. Transaction
B. Order
C. Fees
Answer:
A. Transaction.
Explanation:
Forms are commonly used in businesses to track transactions, which refer to any exchange of goods, services, or money between two parties. By using forms to record transactional data, businesses can more easily track their financial records, monitor inventory levels, and analyze sales trends. Forms can also help to streamline the data entry process, reducing the likelihood of errors and increasing efficiency.