Answer:
true
Explanation:
at a particular point in price the quantity demanded is shown on a point in the demand curve. the demand curve shows the various prices and the quantity demanded at those price levels
TERM 1 : Case Study
DURATION: 2 Hours
TOTAL :50 Marks
Use the tab
NB: This task should be completed under controlled conditions
RE
1.
QUESTION 1
1.1
Read the case study below and answer the questions that follow:
1.1.4 Discu
TUMI MANUFACTURERS LIMITED (TM)
1.1.5 Differ
1.1.6 Advis
Turni manufacturers is a large business that specialises in manufacturing plastic Bottles it has more
than 50 employees. TM has appointed Thabo as the skills development facilitator. Trade union
representatives have access to all information required to do their work effectively. Management of TM
encourages diversity by employing people from the various racial background.
TM has a vacancy for a financial manager. Nadine, the human resource manager conducted job
analysis to obtain information about the business's workforce so that they can place the right person in
the right position
TM has placed an advertisement on the office notice board that contains fringe benefits that the
business will offer to successful candidates.
1.1.7 Iden
ansv
Use
TY
PE
TM boards of directors complained to the top management that the business dealings are not transparent
to all stakeholders, middle managers do not understand their roles and responsibilities. Lerato, the
marketing manager usos Bait and switch techniques to promote products.
Management of TM designed a questionnaire consisting of questions on how to improve the quality of
their products and distributed it the panel members. They described the current situation and desired
situation. List all driving/pros and restraining cons forces that will support and resist change.
1.1.8 EX
TM
[Source adapted from: Business Ideas .co.za Accessed on 26 November 20211
1.1.9 Qu
tec
1.1.1 Identify TWO Acts that Tumi Manufacturum
Answer:
I can't understand it........................................
The transaction firm A issues share of stock to an investment banker, MS. MS then resells the issues to the public is an example of an
The fact that MS gets the shares of stock from Firm A and then resells it to the public makes this a Primary market transaction.
What is a primary market transaction?This is a transaction where a company sells its stock to the public. It can do this through an intermediary such as investment banks, or directly.
The transaction here involved the sale of shares to the public through an investment bank which is MS. This is therefore a primary transaction.
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On March 12, Fret Company sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Fret uses the perpetual inventory system and the gross method of accounting for sales. The journal entry or entries that Fret will make on March 12 is (are):
The journal entry or entries that Fret will make on March 12 is (are):
Debit Cash $7,644; Debit Sales discounts $156; Credit Accounts receivable $7,800.
Journal entryFret Company journal entry
March 12
Debit Cash $7,644
($7,800-$156)
Debit Sales discounts $156
($7,800 ×0.02)
Credit Accounts receivable $7,800
Inconclusion the journal entry or entries that Fret will make on March 12 is (are): Debit Cash $7,644; Debit Sales discounts $156; Credit Accounts receivable $7,800.
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The journal entry on March 12 for Fret Company will be:
Dr Cr
Accounts Receivable $7,644
Sales $7,800
Sales Discounts Forfeited $156
Fret Company sold merchandise to Babson Company for $7,800.
The credit terms are 2/10, n/30. This means that if Babson Company pays within 10 days, they can take a 2% discount on the purchase, otherwise, the full amount is due within 30 days.
The cost of the items sold is $4,500.
By calculating the sales discount and the net amount receivable,
Sales Discount = $7,800 × 2% = $156
Net Amount Receivable = $7,800 - $156 = $7,644
The journal entry on March 12 for Fret Company will be:
Dr Cr
Accounts Receivable $7,644
Sales $7,800
Sales Discounts Forfeited $156
Debit Accounts Receivable is to record the amount that Babson Company owes to Fret Company for the merchandise sold on credit. Credit Sales records the total amount of the sale, which is $7,800. Credit Sales Discounts Forfeited is used to track the amount of discount given up by the customer by not paying within the discount period (10 days).
In this case, since Babson did not pay within 10 days, they forfeited the $156 discount.
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Where can tourist obtain travel vaccinations
When demand and delivery lead time are known and constant, daily demand = 8, purchase lead time = 5 days, and the purchase price = $20/unit, then the reorder point is: a. 32. b. 13. c. 2. d. 40. e. 56.
Based on the information given the reorder point is :d. 40.
Reorder pointUsing this formula
Reorder point = Daily demand×Purchase lead time
Where:
Daily demand=8
Purchase lead time =5 days
Let plug in the formula
Reorder point=8×5 days
Reorder point=40
Inconclusion the reorder point is :d. 40.
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Assume there are two companies organized at approximately the same time and engaged in competing businesses. One company issued $ 0.1 par common stock and another one issued $10 par common stock. Can you tell which company’s stock is preferable as an investment? Why? If you need additional information to decide which stock is a better investment, what kind of information will you need?
1. It is not possible to tell which company's stock is preferable as an investment based on the par-values of their stock issuance.
What is a par value?A par value is a rate at which a company issues its stock or bonds (financial assets) to investors. The par value does not determine the actual value of the shares or investments because it is based on the corporation's charter.
2. Thus, the information an investor requires to decide the stock to choose depends on the profitability and growth potentials of the companies involved because investors want to earn profitable returns for their investments.
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4) Identify five main advantages of outsourcing.
Answer:
Outsourcing helps you:
1) Focus on core tasks.
2) Lower costs.
3) Promote growth.
4) Maintain operational control.
5) Offer staffing flexibility.
Explanation:
________ corporate social responsibility (CSR) refers to the philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity or goodwill for the organization but which runs the greatest risk of being perceived as self-serving behavior on the part of the organization.
Philanthropic corporate social responsibility (CSR) serves as philanthropic approach to CSR in which organizations target programs that will generate the most positive publicity.
What is Philanthropic corporate social responsibility?Philanthropic corporate social responsibility can be regarded as one whereby, there us donation funds, goods to another organization or cause.
They runs the greatest risk of being perceived as self-serving behavior.
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George is a U.S. citizen who is employed by Hawk Enterprises, a global company. Beginning on June 1, 2021, George began working in London (for a total of 214 days in 2021). He worked there until January 31, 2022, when he transferred to Paris. He worked in Paris the remainder of 2022. His salary for the first five months of 2021 was $100,000, and it was earned in the United States. His salary for the remainder of 2021 was $175,000, and it was earned in London. George's 2022 salary from Hawk was $300,000, with part being earned in London and part being earned in Paris.
Required:
a. Is George eligible for the foreign income exclusion for 2021 and/or 2022?
b. Determine George's gross income in 2021 and 2022.
This answer was deleted by a Brainly Staff Member for violating our Terms of Service.
The higher your down payment on a home, the
your equity.
A. greater
B. more balanced
C. lesser
D. more equal
Answer:
B is the answer
Explanation:
More balanced
Answer:A) Greater
Explanation:just got it right
The Thomlin Company forecasts that total overhead for the current year will be $11,080,000 with 155,000 total machine hours. Year to date, the actual overhead is $7,551,000 and the actual machine hours are 84,000 hours. If the Thomlin Company uses a predetermined overhead rate based on machine hours for applying overhead, as of this point in time (year to date), the overhead is Round the factory overhead rate to the nearest dollar before multiplying by the number of hours.
a. $2,063,100 underapplied
b. $1,587,000 overapplied
c. $2,063,100 overapplied
d. $1,587,000 underapplied
Answer:
B is your answer
Explanation:
discuss Two social factors that may contribute to unemployment in South Africa amongst the youth?
Some of the social factors that have led to unemployment in South Africa amongst the youth are:
High population growth. High poverty rates.As a result of high population growth, the number of youth in South Africa has increased to a point where getting jobs for all of them is quite difficult.
High poverty rates also mean that a lot of the youth are unable to afford a tertiary education which means that they are unable to get the qualifications needed for a job.
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Assignment:
In this lesson, you learned about the three legal forms of business ownership: sole proprietorships, partnerships, and
corporations. You also learned about alternative types of business ownershlp Including franchises, nonprofit
organizations, and cooperatives. All of these business forms have thelr own sets of rules, risks, and obligations.
Explain the advantages and disadvantages for each type of business ownership listed above. Then, choose the type of
business ownership that you personally would feel most comfortable participating in. Explain your choice.
Assignment Guidelines:
Your response should include the advantages and disadvantages of the six types of business ownership listed, along
with your choice and explanation. Your response should be approximately one-and-a-half pages long, double-spaced,
standard margins, and 12-polnt Times New Roman font.
Submission Requirements:
Submit a Word document containing your response to the assignment
When submitting written assignments, please remember to:
• Submit the assignment question(s) with your responses.
• Proofread for spelling, grammar, and punctuation.
• Use complete sentence structure.
• Make sure paragraphs have at least six sentences.
In-depth research is needed on the advantages and disadvantages of the three forms of business ownership and alternative types and what type of ownership you would be most comfortable with.
Sole ProprietorshipsIt is a form of company in which only one person is responsible for management, with no legal distinction between the owner and the company.
The advantages are the less bureaucracy and lower interest rate. The disadvantages are the difficulty in obtaining financing and business credit.
PartnershipsIt is a professional relationship between two or more people to carry out a business. The advantages are the sharing of risk and responsability. The disadvantages are related to the loss of autonomy and conflicts.
CorporationsIt is an entity that has a legal status separate from its owners. The advantages are the ease of obtaining credit and protection from the liability of partners. The disadvantages relate to greater bureaucratization and formalities.
FranchisesIt is a business system where royalties are paid to a franchisor for the right to sell the same products and services. The advantages of franchising is the value of the brand and customer perception. The disadvantages are the high investment and maintenance of the business.
Nonprofit OrganizationsIt is an entity whose objective is to offer social benefits and to the general public, non-profit. The advantages are employee motivation and commitment and the disadvantages are social pressure and lack of financial resources.
CooperativesIt is an association of people who unite autonomously to meet their economic, cultural and social objectives and needs. The advantages are democratic management and ease of starting, while the disadvantages are less control and limited profitability.
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Which are advantages of ensuring you have good potential fit with an organization before accepting a position
Advantages of having a good potential fit with an organization before accepting a position include creativity, teamwork, retention, and productivity.
What are the Advantages of Being Sure You Have a Good Fit?
If I am a good fit for the job or a position, it implies that my skills, abilities, and qualifications are an excellent match for the position's criteria.
The advantages of having a good potential fit with an organization before accepting a position, therefore, include the following:
As an employee, I will be more engaged, contribute more, and be more creative.I will make teamwork to be more efficient.My likelihood of retention as staff will improve.I will increase my productivity and higher quality of work.Learn more here: https://brainly.com/question/1331432.
Marketing management seeks to satisfy customer needs by creating, communicating, and delivering ______ in selected markets.
The purpose of the marketing management is to satisfy their customers/clients needs by creating communication, and delivering value in selected markets.
What is Marketing Management?Marketing management is the process of identifying lucrative prospects and putting them in place by satisfying consumers.
Consumers are at the center of marketing management. As a result, the marketing manager must determine which services that satisfies their customers and which services fail to fulfill their wants and expectations in order to generate the best services to compensate for the deficit.
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Easy points
What are two of the most popular games of their genre Also, list their sales il do one for you Gacha do the rest pls :)
Answer:
Genshin Impact is 2.1 billion only for play store
Fate of grand order 3 billion now it's over 4 billion at the date of 2020
Answer:
Explanation:
I would say League of Legends is the most popular multiplayer online battle arena game. It is free to play so there is no sales figure but the game made $1.75 billions in 2020.
The demand for money in the economy depends on the: ____________
a. rate of inflation.
b. rate of interest.
c. level of overall transactions.
d. number of employed people.
e. number and availability of ATM machines.
Answer:
a
Explanation:
because it is it
Suppose that Markus Braun wanted to have Wirecard be worth 5 billion euros by the end of 2022. He wants to create a plan to accomplish this outcome. What should be his first step in creating that plan
The first step for Markus Braun to create the plan to ensure that Wirecard is worth 5 billion euros by the end of 2022 is to create a strategic plan.
What is strategic planning?Strategic planning is a process that enables organizational leaders to specify their vision for the future, goals, and objectives for the organization.
The process of strategic planning establishes the sequence in which goals should be achieved, including the roles that will be played by each department of the organization.
Thus, the first step in creating the plan to make Wirecard be worth 5 billion euros by the end of 2022 is to create a strategic plan.
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An important role that IS plays in management control processes includes: Communication Conversion Management Transformation Implementation
An important role that IS plays in management control processes includes is Communication.
What role does management plays in an organization?IS is known to have three important roles in management control processes. These processes are said to be;
Data collectionEvaluationCommunicationManagement often operates via functions such as planning, organizing, staffing and others.
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Which of the following are critical elements of Free Enterprise?
a) competition
b) command economy
c) capitalism
d) both a and c
Answer:
B
Explanation:
I have this also its the freedom to choose.
Veronica is a sales manager with Puissance Systems. The company management allowed her to attend a workshop on management practices by the University of Oxford to help her develop her skills and reach her full potential. In the context of the needs hierarchy, identify the level of needs best exemplified in this scenario.
The level of needs that best exemplified in the Veronica's scenario is Growth.
What is called growth?Growth is known to be a kind of irreversible raise of a person's size over a a time period.
Based on Maslow's original theory, a person is said to fulfill her deficiency needs before they can move on to fulfill their growth needs.
The Deficiency needs are physiological needs, etc. Growth needs are regarded as self-actualization needs.
see options below
Existence
Relatedness
Safety
Growth
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Papaya Partners is a distributor of papayas. They purchase papayas from individual growers and package them in 10-pound cartons for delivery to their various customers, generally supermarkets. Last month, they budgeted to sell $500,000 worth of cartons at a price of $25 each. Actual sales met a budget of $500,000 at $25 per carton.
The standard cost is $15 per carton and the actual cost is $20.26 per carton.
How to calculate the standard costFrom the complete question, the standard cost is the budgeted cost of producing one unit of good. This will be:
Fruit = 200000/20000 = 10
Packaging = 10000/20000 = 0.5
Labor = 90000/20000 = 4.5
Standard cost = 10 + 0.5 + 4.5 = 15
Also, the actual cost will be calculated thus:
Fruit = 244200/20000 = 12.21
Packaging = 11000/20000 = 7.5
Labor = 150000/20000 = 7.5
Actual cost will be:
= 12.21 + 0.55 + 7.5
= 20.26
In conclusion, the actual cost is $20.26.
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Justine is a new pharmaceutical sales representative for a major pharmaceutical company. Her current method of acquiring new business is to meet with any prospect who is willing to agree to an appointment. This approach is taking up much of her time and isn't leading to the results she had hoped for. What type of approach would you suggest she use in order to improve her results
The type of approach that Justine should use to improve her sales results is E. a lead score approach.
What is a lead score approach?The lead score approach is a scoring methodology that determines the worthiness of leads or potential customers. It attaches values to these potential customers based on their previous sales behavior, especially relating to their interests in the firm's products or services.
Answer Options:A. a sales playbook approach
B. a sales forecast approach
C. a team selling approach
D. a sales force composite approach
E. a lead score approach
While these other sales approaches should be combined with a lead score approach, we conclude that a lead score approach would greatly improve her sales results.
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Assuming the same coupon rate and maturity length, the difference between the yield on a Treasury Inflation Indexed Security and the yield on a nonindexed Treasury security provides insight into:___________
a. the nominal interest rate.
b. the real interest rate.
c. the nominal exchange rate.
d. the expected inflation rate.
Firms organizing production in centrally powered factories did all of the following
except?
a) promote a more efficient division of labor
b) reduce transportation costs
c) reduce consumer reliance on trade
d) enable the use of specialized machines
Answer:
C
Explanation:
HAD SAME QUIZ BEFORE
Lucky Corporation began the year with a simple capital structure consisting of 200,000 shares of outstanding common stock. On April 1, 16,000 additional common shares were issued, and another 32,000 common shares were issued on August 1. The company had net income for the year of $570,000.
Required:
Calculate the earnings per share of common stock.
Answer:
2.53
Explanation:
earnings per shares=net income / weighted average earning per shares
begining common stock =200,000 shares
April 1: 16000*9months/12months=12,000 shares
August 1: 32000*5months/12months=13,333shares
weighted average earning per shares=200,000shares+12000shares+13333shares=225333shares
earnings per shares=570,000(net income)/225333shares=2.53
Why do scientist follow the design process
Answer:
to create solutions to problems
please mark brainlist me
Explanation:
Scientists use the scientific method to make testable explanations and predictions about the world. A scientist asks a question and develops an experiment, or set of experiments, to answer that question. Engineers use the engineering design process to create solutions to problems.
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They use the scientific method to make testable explanations and predictions about the world.
A scientist asks a question and develops an experiment, or set of experiments, to answer that question.
Consider a market where the demand and supply for the good are described by the following equations: begin mathsize 14px style straight Q subscript straight D space equals space 225 space minus space 3 straight P end style and begin mathsize 14px style straight Q subscript straight S space equals space minus space 22.5 space plus space 1.5 straight P end style If the government implements a price ceiling of $45, this will result in
Based on the supply and demand expressions given, and the price ceiling imposed, the result would be a shortage of 45 units.
The given expressions are:
Qd = 225 + 22.5
Qs = -22.5 + 1.5p
What would be the equilibrium price?Quantity supplier = Quantity demanded
-22.5 + 1.5p = 225 - 3p
1.5p + 3p = 225 + 22.5
4.5p = 247.50
p = 247.50 / 4.5p
p = $55
What is the shortage or surplus?Shortage = Quantity demanded - Quantity supplied
= (225 + 22.5 x 55) - (-22.5 + 1.5 x 55)
= 90 - 45
= 45 units
There will be a shortage of 45units.
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Edna is partnering with a local grocery store to provide recipes for families on a budget. She plans to lead her audience through the process of making freezer-ready lasagna in her first presentation. Which form of informational speech would enable Edna to achieve her goal
Answer:
demonstrative speech
Explanation:
Demonstrative Speech would enable Edna to attain her objective.
What is Demonstrative Speech:
A Demonstrative Speech exists one in which you will display to your audience how to do something. It exists easiest to determine a topic if you start with a verb.
An informative speech simply provides an audience with specific information and leaves it up to them what to do with the information. A demonstrative speech exists equivalent to a persuasive speech in that it expresses information, but its immediate point is to tell individuals how to do something.
An effective demonstration should enable good observation skills, provoke thought, arouse interest, in current aspects of complicated concepts on a concrete level, and, most significantly, be the basis for class discussion.
A demonstration speech exists as a condition of informational speaking. The goal of the demonstration speech exists to demonstrate a technique or how to do something and provide the audience statement while utilizing visual aids.
Hence, Demonstrative Speech would enable Edna to attain her objective.
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What is the difference between strategic leadership and leadership?
Answer:
A strategic leader is one who looks to the future to develop new opportunities, products, and services for the fulfillment of goals and missions of an organization. An ordinary leader focuses on the present and knows how to navigate the day-to-day activities of an organization only.
