opm3 lists ____ best practices, which pmi says are achieved through developing and consistently demonstrating their supporting capabilities, as observed through measurable outcomes.
Answers
OPM3 lists 28 best practices, which PMI says are achieved through developing and consistently demonstrating their supporting capabilities, as observed through measurable outcomes.
OPM3 (Organizational Project Management Maturity Model) lists over 600 best practice, which PMI (Project Management Institute) says are achieved through developing and consistently demonstrating their supporting capabilities , as observed through measurable outcomes.OPM3 specifies 28 best practices, which according to PMI are accomplished by growing and continually showcasing their supporting capabilities as seen through quantifiable results.
Over 600 best practices are listed in OPM3 (Organisational Project Management Maturity Model), which, according to PMI (Project Management Institute), can be attained by strengthening and constantly displaying the supporting competencies that are shown in measurable results.
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Related Questions
One of the requirements of an enforceable lease is that both parties are bound to the terms of the lease. This is called ______.
Answers
The scenario where both parties are bound to the terms of the lease illustrates a contract.
What is a lease?A lease simply means a contractual agreement that calls for the user of a property or asset to pay the owner.
In this case, a requirement of an enforceable lease is that both parties are bound to the terms of the lease and this is termed the contract of the lease.
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Albany Motors recently completed a 3-for-1 stock split. Prior to the split, the company had 10 million shares outstanding and its stock price was $150 per share. After the split, the total market value of the company's stock equaled $1.5 billion. What was the price of the company's stock following the stock split
Answers
Answer:
$50
Explanation:
The computation of the price of the company's stock following the stock split is shown below:-
Number of shares = 3 × 10 million
= 30 million
Price of the company's stock
= Total market value ÷ Number of shares outstanding
= 1.5 × 10^9 ÷ 30 × 10^6
= 1.5 × 10^2 ÷ 3
= 150 ÷ 3
= $50
We simply applied the above formulas so that the price of the company stock after stock split could come
MY PROGRESS-36% Marketing Research LEO Decision Point: Choosing Your Research Topic You are now tasked with developing a research plan that would best support the research objectives you have just chosen. You consider your options and narrow them down to the following three. Select an option from the choices below and click Submit Research the attitudes that men under 35 have towards eSports Research the effect that increased advertising in women's magazines would have on women's attitudes towards eSports. Research the attitudes that U.S. women and consumers over 35 have towards the eSports Industry
Answers
The best course of action would be to investigate the attitudes that American women and consumers over 35 have toward the eSports Industry based on the research objectives that were selected.
The inclusion of a particular demographic (women and consumers over 35) that may help shed light on potential target audiences for the industry is in line with the research objective of understanding general attitudes toward the industry.
Researching the attitudes of men under 35 would not be in line with the chosen research objectives, whereas studying the impact of increased advertising in women's magazines on women's attitudes toward eSports would only reveal information about one possible marketing strategy.
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Match the requirements for application to the type of school.
1. requires high school transcripts or GED application
graduate school
2. requires high school transcripts as well as the SAT or ACT, which demonstrate the ability to succeed
career or technical program
3. requires college transcripts that demonstrate a bachelor’s degree was earned; may require the GRE or another specific exam that demonstrates the ability to succeed in a specific program
Things to match to: graduate school, career or technical program, and university
Answers
Answer:
1. graduate school
2. career or technical program
3. university
Explanation:
I'm assuming after thoroughly reading your long descriptions.
If all players play their best responses, then the corresponding strategy profile must be a nash equilibrium.
A. True
B. False
Answers
Answer:
False
Explanation:
Nash Equilibrium is when all players maintain their strategy for the entire game, and thus cannot gain a competitive advantage by changing strategies mid-game. If the question was worded "If all players must play their best responses, then the corresponding strategy profile must be a Nash equilibrium."
If the fed decides to reduce bank reserves, it can.
Answers
If the Federal Reserve (Fed) decides to reduce bank reserves, it has the power to do so. Bank reserves refer to the funds held by banks at the Fed, which are required to maintain a certain level of liquidity and meet their customers' demands for withdrawals.
If the Fed decides to reduce bank reserves, it can either increase the reserve requirement ratio or sell assets, such as Treasury bonds or mortgage-backed securities, to banks. This would reduce the amount of money banks have available to lend, which could lead to higher interest rates and slower economic growth. The Fed typically adjusts bank reserves to control inflation and stabilize the economy. The decision to reduce bank reserves is not taken lightly, and the Fed considers multiple factors, including economic indicators and market conditions, before making any changes.
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The following selected accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Accounts receivable $45,000, Prepaid insurance 4,500, Land 50,000, Accounts payable 39,000, Notes payable 55,000, Retained earnings 12,000, Dividends 2,000, Fees earned revenue 65,000, Selling expenses 34,500, Administrative expenses 12,750, Miscellaneous expense 1,250.
Answers
The required Journal Entries that are required to close the book for the selected four accounts at year-end include the following:
Journal Entries:
December 31,
Debit Fees earned revenue $65,000
Credit Income Summary $65,000
To close the Fees revenue to income summary.
Debit Income Summary $34,500
Credit Selling expenses $34,500
To close the selling expenses to income summary.
Debit Income Summary $12,750
Credit Administrative expenses $12,750
To close the administrative expenses to income summary.
Debit Income Summary $1,250
Credit Miscellaneous expense $1,250
To close the miscellaneous expenses to income summary.
Data Analysis:
1. Accounts to be closed to Income Summary are:
Fees earned revenue $65,000 Income Summary $65,000
Income Summary $34,500 Selling expenses $34,500
Income Summary $12,750 Administrative expenses $12,750
Income Summary $1,250 Miscellaneous expense $1,250
2. Assets and Liabilities accounts:
Accounts receivable $45,000
Prepaid insurance 4,500
Land 50,000
Accounts payable 39,000
Notes payable 55,000
Retained earnings 12,000
Closed to Retained earnings: Dividends 2,000
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Sergei’s boss has very strong opinions and often frowns upon questions from the team. This creates an environment where everyone just agrees with the boss decisions without questioning them
Answers
Knowing and comprehending each team member's opinions personality type will enable you to assign tasks in a way that best suits their interests and passions.
By doing this, you will raise team morale and productivity to their highest levels. Therefore, I always let my manager know when I'm having an issue. I jot out a list of my annoyances. I request a meeting with my employer opinions and explain these issues in detail. I want to be sure I'm not coming out as rude or sounding like I'm making any accusations against my supervisor. Good staff knowledge results in higher output and results.
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an increase in direct fixed costs could reduce all of the following except select one: a. product line operating income b. product line contribution margin c. product line segment margin
Answers
The correct answer is (c)
A main reason for this is that product line segment margin is calculated by subtracting direct fixed costs and direct variable costs from product line revenue.
The impact on product line operating income and contribution margin could depend on the magnitude of the increase in fixed costs and the ability of the product line to adjust its pricing and/or variable costs. In general, an increase in fixed costs will reduce operating income and contribution margin, but the extent of the reduction will vary.
An increase in direct fixed costs will affect the product line operating income (a) and product line segment margin (c) because these both take into account fixed costs. However, the product line contribution margin (b) only considers variable costs, not fixed costs, so it would not be affected by an increase in direct fixed costs.A main reason for this is that product line segment margin is calculated by subtracting direct fixed costs and direct variable costs from product line revenue
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9-7 as an r&d manager, what actions might you take or programs might you implement to assure your organization got maximum benefit from patentable ideas?
Answers
As an R&D manager, it is important to take a strategic approach to ensuring that the organization is able to get maximum benefit from patentable ideas.
This involves establishing a clear process for identifying and protecting ideas, encouraging innovation, providing the necessary resources, and monitoring the success of the programs and processes.
First, the R&D manager should establish a clear process for identifying and protecting patentable ideas. This process should involve regular communication with employees to encourage them to share their ideas and ensure that they are properly documented and evaluated.
The R&D manager should also work with legal experts to determine which ideas are patentable and to secure the necessary patents.
Second, the R&D manager should implement programs to encourage innovation and creativity within the organization. This could include offering incentives for employees who come up with new ideas, sponsoring hackathons or other innovation events, and providing training and resources to help employees develop their ideas.
Third, the R&D manager should ensure that the organization has the resources it needs to turn patentable ideas into products or services. This could involve securing funding for research and development, forming partnerships with other organizations, or investing in technology and equipment.
Finally, the R&D manager should regularly monitor the success of the organization's patentable ideas and make changes to the programs and processes as necessary.
This could involve collecting data on the success of new products or services, conducting customer surveys, and evaluating the financial performance of the organization.
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5. A number with the addition of itself becomes 38. What
is the number?
Answers
Answer:
19+19=38
...........................
An integrated set of performance measures that are derived from the company's strategy is ______.
Answers
An integrated set of performance measures that are derived from the company's strategy is the balanced scorecard,
The Balanced Scorecard is a management system designed to translate an organization's strategic objectives into a set of organizational performance objectives that are measured and monitored as needed to ensure that the organization's strategic objectives are met. , and fixed.
Balanced Scorecard is a strategic performance management tool. A well-structured report that managers can use to track the execution of activities by employees under their control and monitor the results of those actions.
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An investor buys a Treasury Bill at $9700 with 200 days to maturity. What is the investor's
Effective Annual Yield? What is the investors Bank Discount Rate? What is the Investors Bond
Equivalent Yield?
Answers
The investor's Effective Annual Yield, Bank Discount Rate, and Bond Equivalent Yield depend on the Treasury Bill's face value, purchase price, and time to maturity.
1. Effective Annual Yield (EAY):
EAY is the annualized return on an investment, taking into account compounding. To calculate EAY for the Treasury Bill, we need to determine the discount or gain at maturity. Let's assume the Treasury Bill has a face value of $10,000. The discount is $10,000 - $9,700 = $300. The EAY can be calculated using the formula:
EAY = [(Face Value - Purchase Price) / Purchase Price] * [(365 / Days to Maturity)]
2. Bank Discount Rate:
The Bank Discount Rate represents the yield based on the discount amount and face value. It is calculated as:
Bank Discount Rate = (Discount / Face Value) * [(360 / Days to Maturity)]
3. Bond Equivalent Yield (BEY):
BEY is a measure used to compare the yields of Treasury Bills with other fixed-income securities. It is calculated by doubling the semi-annual yield of the Treasury Bill. The formula for BEY is:
BEY = 2 * [(Discount / Purchase Price) * [(365 / Days to Maturity)]]
By applying the appropriate formulas and substituting the given values, you can calculate the Effective Annual Yield, Bank Discount Rate, and Bond Equivalent Yield for the Treasury Bill.
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a system that keeps track of each withdrawal or addition to inventory continuously is part 2 a. a perpetual inventory system. b. a constant monitoring system. c. a fixed period system. d. a continuous inventory system.
Answers
A system that keeps track of each withdrawal or addition to inventory continuously is part constant monitoring system.
A time period used to describe the physical and mental symptoms that someone has once they suddenly stop or reduce back using an addictive substance, such as opiates and opioids, nicotine products, or The withdrawal method of contraception (coitus interruptus) happens while you are taking the out of them and ejaculate out of doors the vagina to try to prevent pregnancy. The aim of the withdrawal approach.
Someone who is socially withdrawn removes themselves from encounters and interactions with others. there are numerous motives why humans may additionally choose now not to connect with others, such as tension, worry, disgrace, vulnerability, capability rejection, and extra. it is able to be a reflection of an underlying mental health condition.
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Prepare journal entries to record the following merchandising transactions of Griffin's, which uses the perpetual inventory system and the gross method. Hint: It will help to identify each receivable and payable; for example, record the purchase on July 1 In Accounts Payable-Garcia Jul. 1 Purchased merchandise from Garcia Company for $9,000 under credit terms of 1/15, 1/30, POS shipping point, invoice dated July 1. Jul. 2 Sold marchandise to Thompson Co. for $2,400 under credit terms of 2/10, n/60, TOB shipping point, Invoice dated July 2. The merchandise had cost $1,440. Jul. 3 Paid $725 cash for freight charges on the purchase of July 1. Jul. 8 Sold merchandise that had cost $2,800 for $4,700 cash. Jul. 9 Purchased merchandise from Perry Co. for $3,700 under credit terms of 2/15, n/60, FOB destination, invoice dated July 9. Jul. 11 Returned $700 of merchandise purchased on July 9 from Perry Co., and debited its account payable for that amount. Jul. 12 Received the balance due from Thompson Co. for the invoice dated July 2, net of the discount. Jul. 16 Paid the balance due to Garcia Company within the discount period. Jul. 19 Sold merchandise that cost $2,900 to Brown Co. for $4,200 under credit terms of 2/15, n/60, FOB shipping point, invoice dated July 19. Jul. 21 Gave a price reduction (allowance) of $800 to Brown Co. for merehandise sold on July 19, and credited Brown accounts receivable for that amount. Jul. 24 Paid Perry Co. the balance due, net of discount. Jul. 30 Received the balance due fron Brown Co. for the invoice dated July 19, net of discount. Jul. 31 Sold merchandise that cost $6,000 to Thompson Co. for $10,000 under credit terms of 2/10, 1/60. FOB shipping point, invoice dated July 31. Schedule of Receivables Income Statement Impact on Income General Ledger Trial Balance Schedule of Payables General Journal Requirement Journalize the merchandising transactions. The General Ledger, trial balance, and schedules of accounts receivable and accounts payable will be updated based on your entries
Answers
Below are the journal entries for the merchandising transactions of Griffin's, including the purchases, sales, freight charges, returns, discounts, and payments to suppliers and from customers. The General Ledger, trial balance, and schedules of accounts receivable and accounts payable will be updated accordingly.
July 1:
Accounts Payable-Garcia 9,000
Inventory 9,000
To record the purchase of merchandise from Garcia Company on credit.
July 2:
Accounts Receivable-Thompson Co. 2,400
Sales 2,400
Cost of Goods Sold 1,440
Inventory 1,440
To record the sale of merchandise to Thompson Co. on credit.
July 3:
Accounts Payable-Garcia 725
Cash 725
To record the payment of freight charges for the purchase made on July 1.
July 8:
Cash 4,700
Sales 4,700
Cost of Goods Sold 2,800
Inventory 2,800
To record the cash sale of merchandise.
July 9:
Accounts Payable-Perry Co. 3,700
Inventory 3,700
To record the purchase of merchandise from Perry Co. on credit.
July 11:
Accounts Payable-Perry Co. 700
Inventory 700
To record the return of merchandise to Perry Co.
July 12:
Accounts Receivable-Thompson Co. 2,352
Sales 2,352
Cash Discounts 48
To record the receipt of payment from Thompson Co., net of the discount.
July 16:
Accounts Payable-Garcia 8,820
Inventory 180
Cash 9,000
To record the payment to Garcia Company within the discount period.
July 19:
Accounts Receivable-Brown Co. 4,200
Sales 4,200
Cost of Goods Sold 2,900
Inventory 2,900
To record the sale of merchandise to Brown Co. on credit.
July 21:
Sales Returns and Allowances 800
Accounts Receivable-Brown Co. 800
To record the price reduction (allowance) given to Brown Co.
July 24:
Accounts Payable-Perry Co. 3,617
Cash 3,617
To record the payment to Perry Co. after deducting the discount.
July 30:
Accounts Receivable-Thompson Co. 9,760
Sales 9,760
Cash Discounts 240
To record the receipt of payment from Thompson Co., net of the discount.
July 31:
Accounts Receivable-Thompson Co. 10,000
Sales 10,000
Cost of Goods Sold 6,000
Inventory 6,000
To record the sale of merchandise to Thompson Co. on credit.
These journal entries will update the General Ledger, trial balance, and schedules of accounts receivable and accounts payable accordingly, reflecting the impact of the merchandising transactions on the company's financial records.
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What is a corporation?
Answers
Answer:
a company or group of people authorized to act as a single entity (legally a person) and recognized as such in law.
Explanation:
hope this helps:)
The Diversified Growth Co. Has three different divisions. Its low-risk division accounts for $5 million of its assets and has a beta of 0. 8. Its middle-risk division accounts for $10 million of its assets and has a beta of 1. 1, while its high-risk division has assets worth $15 million and a beta of 1. 8. Diversified’s overall firm beta is therefore equal to _____. (Do not round intermediate computations. )
Answers
The Diversified Growth Co. has three divisions with different risk levels and asset values. The low-risk division has $5 million in assets and a beta of 0.8, the middle-risk division has $10 million in assets and a beta of 1.1, and the high-risk division has $15 million in assets and a beta of 1.8. To determine the overall firm beta, we need to calculate the weighted average of the division betas based on their asset values.
To calculate the overall firm beta, we need to take into account the asset values and betas of each division. The formula to calculate the weighted average beta is as follows:
Overall Firm Beta = (Beta of Low-Risk Division x Asset Value of Low-Risk Division + Beta of Middle-Risk Division x Asset Value of Middle-Risk Division + Beta of High-Risk Division x Asset Value of High-Risk Division) / Total Asset Value
Using the given information, the calculation would be as follows:
Overall Firm Beta = (0.8 x $5 million + 1.1 x $10 million + 1.8 x $15 million) / ($5 million + $10 million + $15 million)
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$896.00 at the end of every month for 9 years if interest is 3% per annum compoundod annualy? The cash payment is \$ (Round the final answer to the nearest cent as needed. Round all intermediate values to six decimal places as needed.) For her daughtor's education, Georgina Harcourt has investod an inheritance in a fund paying 3.5% compounded semi annually If ordinary annuty payments of $182 per month are to be made out of the fund for nine years, how much was the inheritance? The inheritance was \$ (Round the final answor to the nearest cent as needed. Round all intermediate values to eix decimal places as neoded) You want to buy a motorcycle for $13,500 plus freight of $195 and other delivery charges of $125. You have already saved 15% of the total purchase proo (inciuding all charges) towards a down payment. The bank is willing to finance the remaining balance at 9.19% compounded quarterly. What is the size of your monthy paymant if the loan is for 3.25 years; The monthly payment is $ (Round the final answer to the nearest cent as needed. Round all intermediale values to six decimal places as needed.)
Answers
The cash payment at the end of every month for 9 years, with an interest rate of 3% compounded annually, is approximately $113,340.32.
The inheritance amount, given ordinary annuity payments of $182 per month for nine years with an interest rate of 3.5% compounded semi-annually, is approximately $15,470.36.
The size of the monthly payment for a motorcycle loan of $11,747, with a loan term of 3.25 years and an interest rate of 9.19% compounded quarterly, will be approximately $370.40.
Georgina Harcourt's Investment:
Georgina invests $896.00 at the end of every month for 9 years with an interest rate of 3% per annum compounded annually. To find the cash payment at the end, we can use the formula for the future value of an ordinary annuity:
FV = P * ((1 + r)^n - 1) / r
Where:
FV = Future value of the annuity
P = Monthly payment
r = Interest rate per period
n = Number of periods
Plugging in the values, we have:
P = $896.00
r = 3% or 0.03 per annum compounded annually
n = 9 years (since payments are made at the end of each month)
Converting the interest rate to a monthly rate:
monthly rate = (1 + 0.03)^(1/12) - 1
Now, we can calculate the future value:
FV = $896.00 * ((1 + monthly rate)^(12*9) - 1) / monthly rate
Calculating the monthly rate:
monthly rate = (1 + 0.03)^(1/12) - 1 = 0.002466
Now, calculating the future value:
FV = $896.00 * ((1 + 0.002466)^(12*9) - 1) / 0.002466 ≈ $113,340.32
Therefore, the cash payment at the end of the investment period is approximately $113,340.32.
Georgina Harcourt's Inheritance:
Georgina needs to make ordinary annuity payments of $182 per month for nine years with an interest rate of 3.5% compounded semi-annually. We can use the same formula as above, but adjust the interest rate and compounding frequency:
P = $182.00
r = 3.5% or 0.035 per annum compounded semi-annually
n = 9 years (since payments are made at the end of each month)
Converting the interest rate to a semi-annual rate:
semi-annual rate = (1 + 0.035)^(1/2) - 1
Now, we can calculate the present value (inheritance):
PV = P * ((1 - (1 + semi-annual rate)^(-2*n)) / semi-annual rate)
Calculating the semi-annual rate:
semi-annual rate = (1 + 0.035)^(1/2) - 1 ≈ 0.017155
Now, calculating the present value:
PV = $182.00 * ((1 - (1 + 0.017155)^(-2*9)) / 0.017155 ≈ $15,470.36
Therefore, the inheritance amount is approximately $15,470.36.
Motorcycle Loan:
The total cost of the motorcycle, including freight and delivery charges, is $13,500 + $195 + $125 = $13,820. You have saved 15% of this amount as a down payment, which is 0.15 * $13,820 = $2,073.
The remaining balance to be financed is $13,820 - $2,073 = $11,747.
The loan term is 3.25 years, and the interest rate is 9.19% compounded quarterly. To find the monthly payment, we can use the formula for the monthly payment on a loan:
monthly payment = (loan amount * monthly interest rate) / (1 - (1 + monthly interest rate)^(-n))
Where:
loan amount = $11,747
monthly interest rate = (1 + 0.0919/4)^(1/3) - 1 (since interest is compounded quarterly)
n = 3.25 years * 4 quarters per year
Calculating the monthly interest rate:
monthly interest rate = (1 + 0.0919/4)^(1/3) - 1 ≈ 0.007436
Calculating the monthly payment:
monthly payment = ($11,747 * 0.007436) / (1 - (1 + 0.007436)^(-3.25*4)) ≈ $370.40
Therefore, the size of your monthly payment will be approximately $370.40.
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How can a person become a dentist
Answers
Explanation:
It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).
brainliest please
Please help. Atleast the top 2
Answers
Answer:
Number 1 is Pure Market. Number two is socialist, I'm pretty sure.
Explanation:
Please mark me brainliest if someone else answers :>
20 POINTS!! HELP QUICK PLEASE!!
Type the correct answer in the box. Spell all words correctly.
Which accounting principle is adopted to make adjustments to the trial balance so that the debit and the credit side balances?
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is _______ basis of accounting.
Answers
The accounting principle adopted to make adjustments to the trial balance so that its debit and credit side balances is the double-entry basis of accounting.
Accounting principles are considered to be the rules and guidelines which the companies and other bodies must follow while reporting any financial data within an organization. Here, a company's transactions are recorded in a general ledger and later it is summed to be included in a trial balance.
A double-entry is a basis of accounting which is thus based on a simple principle, that for every debit must have equal and opposite credit. Which means that there should be at least two accounts involved in any transaction.
Hence, the double-entry is based on the debit and credit accounts of the done transaction.
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Clubs, organizations, and CTSOs can help you narrow down what you want to do with the rest of your life.
True
False
Answers
Answer:
True
Explanation:
They lead to new experiences and if you like an experience maybe you'll like to do more of it in the future
Howard has a chemical burn from accidentally spilling a strong basic cleaning solution onto his arm. It causes a small burn mark that goes away after a few weeks. He has no other symptoms. What kind of exposure is this considered?
a. Acute
b. Chronic
c. Deadly
d. No Effect
Answers
The type of exposure in the given situation is acute.
Given that,
As there is a chemical blaze in Howard's arm.Because of this, Howard has a tiny burn mark that disappears in the coming weeks also he won't have any kind of mark or symptoms.It is classified as an acute exposure due to burning.Thus we can say that the type of exposure in the given situation is acute.
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The seaport town of New Monopoly has become extremely popular with shipping companies due to its superior location. The port has become so congested that ships must wait hours every day just to dock. This is an example of: The mayor of New Monopoly realizes that the congestion at the port costs the shipping companies and his town money. Which decision would NOT move him towards a command economy?
Answers
Answer: market failure
Explanation:
Market failure is a situation that occurs in an economy when the distribution of goods and services they occurs in a free market is inefficient. Some of the reasons attributed to market failure are monopoly abuse, externalities, environmental concerns etc.
Based on the above scenario in the question, the decision that would not move the mayor towards a command economy is Market failure.
Unlike a limited partnership, a general partnership has which of the following?
O A. An unlimited number of partners.
B. Option to declare bankruptcy without penalty.
C. Unlimited liability for all partners.
D. Stockholders and a board of directors.
Answers
Answer:
C. Unlimited liability for all partners.
Explanation:
A general partner has unlimited liability to the debts of the business. It follows that in a general partnership business, all partners will have unlimited liability to business debts.
A general partnership is not a separate entity from its owners. Assets and liabilities of the business will be treated as those of the partners. Should the business fail in paying its debts, the partners' personal properties may be sold to clear the debts.
Bank deposits are insured up to a certain amount by the
A) bank itself
B) Internal Revenue Service
C) Federal Deposit Insurance Corporation
D) Bank Deposit Insurance Commission
Answers
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. Do you agree or not? Explain your reasoning.
Answers
Answer: i do agree
Explanation: they are a factor because they help the economy in the same ways as the other factors of production
Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production. The given statement is true. Because of the economy in the same ways as the other factors of production.
What is the economy?An economy is a collection of interconnected production and consumption processes that ultimately decide how resources are distributed within a community. The demands of persons who live there and conduct business there are met by the production and consumption of goods and services as a whole.
The traditional economy, which uses a country's traditions and history to direct the production and distribution of goods, is a well-known illustration of an economy. The main pillars of traditional economies are agriculture, fishing, and hunting.
Entrepreneurs should be considered a fourth factor of production labor, capital, natural resources, and entrepreneur.
Therefore, By the given statement(Jean-Baptiste Say thought that entrepreneurs should be considered a fourth factor of production) was true.
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Express the elements in pointwise which are required in employment notice
Answers
It's too short. Write at least 20 characters to explain it well.
Assuming the company has no alternative use for the facilities that are now being used to produce the skid shoes, what would be the financial advantage (disadvantage) of buying 17,000 skid shoes from the outside supplier?
Answers
Assuming the company has no alternative use for the facilities that are currently being used to produce the skid shoes, buying 17,000 skid shoes from an outside supplier could have both financial advantages and disadvantages.
On the one hand, buying from an outside supplier could potentially result in cost savings for the company. The outside supplier may have lower production costs due to economies of scale, lower labor costs, or access to cheaper raw materials. Additionally, the company could avoid the costs associated with maintaining and repairing the production facilities, as well as the costs of hiring and training employees to operate them.
However, there are also potential disadvantages to buying from an outside supplier. The company would lose control over the production process and quality control, and would have to rely on the supplier to meet their needs on time and at the desired quality level. Additionally, the company may face increased transportation costs and longer lead times for delivery, which could negatively impact their ability to meet customer demand.
Ultimately, the financial advantage or disadvantage of buying from an outside supplier would depend on a variety of factors, including the relative costs of producing the skid shoes in-house versus buying from the outside supplier, the quality of the supplier's products, and the reliability of their delivery and service.
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Suppose a colleague of yours is gearing up to write a business plan for a business she intends to start. She told you she plans to prepare the financial statement first to get that job out the way before she tackles the rest of the plan. What is the flaw in your colleague’s logic as described to you
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Answer:Even though preparing a financial statement is an important part of a business plan, you shouldn't do it first and think of it as "getting that job done." Several reasons for this include:
The business plan's other components are interconnected with financial statements: The executive summary, company description, marketing plan, operations plan, and management plan are all interconnected with the financial statement, which is not a stand-alone section of the business plan. The financial statement is influenced by each of these elements. Sales projections, for instance, will be influenced by the marketing plan, which in turn will have an effect on revenue and other financial projections.
Without a comprehensive business plan, it is challenging to produce accurate financial statements: Information about the business's costs, expenses, and revenue sources is necessary for financial statements to be accurate and complete. Financial statements can be made more accurately with the assistance of a comprehensive business plan, which provides a deeper comprehension of the company's operations, target customers, and competition.
The overall business strategy should be reflected in the financial statement: The overall business strategy and objectives ought to be reflected in the financial statement. There is a risk of producing a financial statement that does not align with the business's overall objectives if the financial statement is prepared before the business strategy and goals are identified.
As a result, it is absolutely necessary to approach the creation of a business plan from a holistic perspective and to not place any aspect above others. To ensure a cohesive and efficient plan, each component should be developed with the other components in mind.
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