You will most likely be working with a small business during your internship. Please describe some of the unique challenges you think a small business faces and how you would contribute to that work environment.

Answers

Answer 1

Explanation:

Small companies may face challenges that hinder the ideal flow of business, such as the lack of staff training, communication failures, high tax burden, difficulty in accessing credit, etc., which contributes to the rapid bankruptcy of these companies, that cannot survive in the long term in the market and compete with the big companies.

As an intern at a large company, it is ideal to seek networking that creates interpersonal relationships that facilitate the exchange of information and even suggestions for new ideas for the business. It is also essential that the trainee be an example of dedication and responsibility with their tasks, reporting correctly and assisting in the company's communication processes, always seeking to bring innovative and creative ideas that contribute to the organizational goals and objectives.


Related Questions

The following costs were for Optimal View Inc., a contact lens manufacturer: Output Fixed Cost Variable Cost Total Costs 270 $ 5,300 $ 10,000 $ 15,300 320 5,300 12,000 17,300 370 5,300 14,000 19,300 420 5,300 16,000 21,300 At an output level of 500 lenses, per unit total cost is projected to be:

Answers

Answer:

Per unit total cost $49.00

Explanation:

The per unit total cost is as follows;

Particulars     Total Costs    Output

High level     $21,300           420

Low level     $15,300           270

Difference   $6,000            150

Unit variable cost 40 ($6000 ÷ 150)

Fixed cost $4,500 ($21,300 - (420 × 40) )

Total cost at 500 lenses $24,500 ($4,500 + (500*40))

Per unit total cost $49.00 ($24,500 ÷ 500)

Where can a client identify the instant deposit options for their QuickBooks Payments account?

Answers

Answer:

in the settings

Explanation:

A QuickBooks payment service is a credit card processing option that is for the merchant accounts which includes the accounting software called QuickBook. It is managed by Intuit.

For instant deposit option in their QuickBooks payment account, a customer has to --

Select the Settings ⚙  button and then go to Account and settings. After that select the Payments tab and then go to the Deposit Speed section. From there select the Set a schedule for any instant deposits. Finally select the days for which you want instant deposits for.

A bank is negotiating a loan. The loan can either be paid off as a lump sum of $100,000 at the end of five years, or as equal annual payments at the end of each of the next five years. If the interest rate on the loan is 10%, what annual payments should be made so that both forms of payment are equivalent

Answers

Answer:

$16,379.75

Explanation:

Calculation for the annual payments that should be made

Using financial calculator to find the PMT

FV = $100,000

Interest rate = 10%

N= 5 years

PMT?

Hence,

PMT = $16,379.75

Therefore the annual payments that should be made so that both forms of payment are equivalent will be $16,379.75

Which statement is true according to the article?Choose one:A. Chilean companies aim to improve their wine distribution in China.B. Most wine consumed in China was imported from California.C. Despite the tariffs, the volume of wine exports from the United States to China has increased slightly.D. Only the United States has used tariffs in this trade dispute with China.

Answers

Answer:

The answer is "Option A".

Explanation:

In this question, the first choice is correct because the Chilean organizations continue to improve the existing wine business in the country of China, with Chile aiming to the advantage of the military conflict as well as expand its position in the Chinese beverage (wine) market though the wider optimization.

PLEASE HURRY

Using the chart below for reference, how would you describe the relationship between the amount of education you
receive and the amount of money you make?
Average Annual Earnings for College Graduates
and Non-Graduates
Professional Degree
$109,600
Doctoral Degree
$89,400
Master's Degree
$62,300
Bachelor's Degree
$52,200
Associate's Degree $38,200
Some College $36,800
High School Diploma $30,400
Some High School
$23.400

Answers

Answer:

I think it would be master's degree

sorry if I am wrong I really kind of don't know the real answer

Suppose a stock has an initial price of $71 per share, paid a dividend of $1.75 per share during the year, and had an ending share price of $88. Compute the percentage total return.

Answers

Answer:

Total return = 26.4%

Explanation:

Given:

Initial price = $71 per share

Dividend = $1.75 per share

Ending share price = $88

Compute:

Percentage total return

Computation:

Total return = [Ending share price + Dividend - Initial price)/Initial price

Total return = (88 + 1.75 - 71) / 71

Total return = 26.4%

an effective annual interest rate of 12.95% how many years will it take a given amount to Triple in value

Answers

Answer:

Number of year n = 9 year (Approx)

Explanation:

Given:

Effective annual interest rate = 12.95% = 0.1295

Find:

Number of year n

Assume;

Invested = P

Amount = 3P

So,

3P = P(1+0.1295)ⁿ

3 = 1.1295ⁿ

n = 9

Number of year n = 9 year (Approx)

What are the portfolio weights for a portfolio that has 130 shares of Stock A that sell for $40 per share and 110 shares of Stock B that sell for $30 per share

Answers

Answer:portfolio Weight of A =0.6118; portfolio Weight of B=0.3882

Explanation:

stock A  Investment = Number of shares x market value

=130 x 40 = $5200

stock B investment =Number of shares x market value

110 x 30 =    $3,300

Total Investments= $5200 +  $3,300  = $8,500

portfolio Weight = stock  Investment / Total investment

portfolio Weight of A= 5200/ 8,500 =0.6118

portfolio Weight of B = 3,300 / 8,500 =0.3882

Which assumption below best reflects a basic understanding economists have about the world? Group of answer choices The world has limited productive resources. There are limited wants. More output creates more wants. Output will always satisfy the needs of a society.

Answers

Answer:

The assumption which best reflects a basic understanding that economists have about the world is:

The world has limited productive resources.

Explanation:

This is the economic concept of scarcity.  Scarcity is the concept of limited resources, which worries about the gap between societal resources and unlimited human wants. Economists try to explain that this situation of scarce resources requires the making of choices (decisions) that will ensure the efficient allocation of the resources to meet basic human needs and other increasing wants.

I'm asking again because I legit need help on this. Best answer gets brainliest.

One of the biggest differences between a public sector business and a private sector business is the use of tax dollars. Public sectors businesses entirely run off of tax money, while private sector business depend on making money through selling goods or services.

1. What do you see as some of the POSITIVE aspects of depending on tax money to run a business?

2. What do you see as some of the NEGATIVE aspects of depending on tax money to run a business.

Answers

Answer:

1. the positively here is you are sure of the money need to run the business even without one doing much as long as taxes are paid and these business sectors under this category are non profit organization but for the betterment of the people

Explanation:

2. no profit is made so no gain, no specifiation on the goods to fit the requirements of the masses and mass production is mostly low quality.

A newly formed firm must decide on a plant location. There are two alternatives under consideration: locate near the major raw materials or locate near the major customers. Locating near the raw materials will result in lower fixed and variable costs compared to locating near the market, but the owners believe there would be a loss in sales volume because customers tend to favor local suppliers. Revenue per unit will be $179 in either case. Revenue per unit will be $183 in either case. Using the following information, determine which location would produce the greater profit.

Omaha Kansas city
Annual fixed costs ($ millions) $1.2 $1.4
Variable cost per unit $36 $47
Expected annual demand (units) 8,000 12,000

Answers

Answer:

locate near the major raw materials

Explanation:

If the future value of an ordinary, 7-year annuity is $10.000 and interest rates are 4 percent, what is the future value of the same annuity due?

Answers

Answer:

The future value of the same annuity due is $10,400.

Explanation:

Step 1: Calculation of the annuity payment

This can be calculated using the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = P * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value of the amount after 7 years = $10.000

P = Annuity payment = ?

r = interest rate = 4%, or 0.04

n = number of years = 7

Substituting the values into equation (1) and solve for P, we have:

10,000 = P * (((1 + 0.04)^7 - 1) / 0.04)

10,000 = P * 7.89829448089601

P = 10,000 / 7.89829448089601

P = $1,266.09612039504

Step 2: Calculation of the future value of the same annuity due

This can be calculated using the formula for calculating the Future Value (FV) of an Annuity Due as follows:

FV = P * (((1 + r)^n - 1) / r) * (1 + r) ................................. (2)

Where,

FV = Future value the same annuity due = ?

P = Annuity payment as obtained in Step 1 above = $1,266.09612039504

r = interest rate = 4%, or 0.04

n = number of years = 7

Substituting the values into equation (2), we have:

FV = $1,266.09612039504 * (((1 + 0.04)^7 - 1) / 0.04) * (1 + 0.04)

FV = $1,266.09612039504 * 7.89829448089601 * 1.04

FV = $10,400

Therefore, the future value of the same annuity due is $10,400.

True or False: As players age, they generally experience a decline in performance, making their prospects of signing a lucrative free agent contract less likely.

Answers

Answer: True

Explanation:

As players age in most sports be it soccer, baseball, basketball and American football, their performance experiences a decline as their muscles get older. Its simply biological.

At this point, the players will no longer command the high prices they used to command as they would only contribute less to the success of the team. This means that their prospects of signing a lucrative free agent contract definitely becomes less likely.

Answer:

true

Explanation:

at the end of 2018, river plate builders had two jobs still in process with a total balance of $132,200. what overhead rate is river plate using

Answers

Answer: d. 80% of direct material cost

Explanation:

Overhead cost = Total costs - Direct material - Direct labor

= 132,200 - 25,000 - 32,000 - 12,500 - 17,100

= $45,600

Direct materials cost = 32,000 + 25,000

= $57,000

Percentage of Direct materials = Overhead/ Direct materials

= 45,600/57,000

= 80%

Discuss the causes of changes in a currency swaps value over time. Is it possible to close out a currency swap before it reaches maturity

Answers

Answer: When a swap is agreed on by both parties involved, a cash flow of bonds in different currencies are agreed upon to be exchanged.

Explanation:

The cash flows of two bonds in separate currencies are negotiated upon to be traded when a swap is initiated. At the existing spot exchange rate, these bond-like cash flows have the same present value. Evidently, shifts in the exchange rate change the value of one side of the swap relative to the value of the other side of the swap. Furthermore, interest rate rises reduce the present value of currency.

The current value of cash flows is increased by flows and decreases in interest rates. Changes in interest rates and exchange rates thus offer meaning to currency swaps.

One side is triumphant and the other loses. By making the party that lost money in the swap pay this amount to the party that has gained value in the swap, it is possible to close a swap.

Based on your learning of value chain, business strategy and product / market combinations do you share Dawar’s arguments that marketing is indeed becoming strategy? Why?

Answers

Answer: Marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do.

Explanation:

I share in Dawar's argument that marketing is becoming more strategic, firms are in a fierce competition to prove themselves to their clients and customers that they are the best at what they do. business strategies are now increasingly inclined towards customer centric activities. Businesses are now focused not only on increasing market share but also on retaining customers as the competition in the market are increasing day by day.

what Is quality Control​

Answers

Answer:

a system of maintaining standards in manufactured products

Assume the CPI increases from 100 to 110 and a person's nominal income increases from $50,000 to $55,000 over the same period. This person's real income has

Answers

Answer and Explanation:

The computation of the real income percentage is as follows:

The Increase in CPI would be

= (110 - 100) ÷ 100 × 100

= 10%

And, the increase in nominal income is

= ($55,000 - $50,000) ÷ ($50,000) × 100

= 10%

As the CPI and increase in nominal income percentage is same

SO the real income would also remains the same

one feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation. this is called

Answers

Answer:

One feature of a corporation is that it can continue indefinitely beyond the lives of individual managers and stockholders of the corporation.  This is called perpetual life or succession.

Explanation:

Perpetual life or succession of a corporation refers to the continuation of a corporation's or other organization's existence notwithstanding the death, bankruptcy, insanity, change in membership or exit from the business of any owner or member, or any transfer of ownership.  This makes the corporation to be a safer and more stable platform for investors.  The perpetual life of the corporation also raises the chances that the investors will receive returns on their money over an indefinite period of time.

(b) A company had an average inventory last year of $208,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year

Answers

Answer: 156000

Explanation:

The average inventory during the current year would be calculated as follows:

Inventory Turnover Ratio = Cost of goods sold / average inventory

where,

Inventory turnover = 8

Cost of goods sold = $208,000 × 6 = $1,248,000

Average inventory = Unknown

Therefore, 8 = 1248000 / Average inventory

Average inventory = 1248000 / 8

Average inventory = 156,000

What is a determinant of demand that would cause demand to increase?

Answers

Answer:

Increase in income

Increase in price of substitutes

Change in taste

Explanation:

If income increases, the demand for a good rises as the amount of disposable income increases,

A substitute good is a good that can be used in place of another good. e.g. pen and pencils. If the price of a substitute (e.g. pens) increases, it becomes more expensive. Consumers would shift to the demanding pencils. As a result the demand for pencils would increase

A change in taste. For example, if an individual prefers pencils to pens. he would demand more of pencils and less of pend. As a result, the demand for pencils would increase

1. Using materials In the case and items to which you gain access through a search, describe how Aldi is creating competitive rivalry in the retail grocers' industry.

Answers

Answer:

Following are the solution to the given question:

Explanation:

Please find the complete question in the attachment file.

Aldi is a private company and has been found that around half of the mainstream companies are operating costs. In contrast with the rivals, Aldi operates with such a poor gross profit. Besides that, the cart is imprisoned by Aldi. It means that a customer only spends a half and returns their bags after they have been filled. I should note which Aldi only stores 14,000 products in its stocks but doesn't want excessive storage relative to many other retailers. This is a pleasant strategy so because limited choices or easy templates save people some time. Several of the brands are labeled every year with natural foods.

which market structure p
redominantly uses product differntation

Answers

Monopolistic competition
Monopolistic competition: Product differentiation.

the scott company had the following activities during 2019. during the year, work-in-process increased by $2,500 and finished goods decreased by $6,000. during the year, work-in-process increased by $2,500 calculate the amount of direct labor cost for the year

Answers

Answer:

$5,000

Explanation:

The amount of direct labor cost is calculated as;

= Increase in work in process during the year + Increase in work in process during the year

Given that;

Increase in work in process during the year = $2,500

Further increase in work in process during the year = $2,500

Direct labor cost = $2,500 + $2,500

Direct labor cost $5,000

A company decided to scan all of its salespersons' important work that existed only in paper form into a central computer database that could be easily accessed using portable computers, thereby saving salespersons the effort of lugging their paper files all over the country. The project was a dismal failure, however; salespersons rarely accessed the database and continued to rely on many paper files, which they had refused to turn over to the staff responsible for creating the database.

Which one of the following, if true, most helps toaccount for the failure described above?

a. Some of the salespersons gave huge paper files to the staff responsible for creating thedatabase while other salespersons gave themmuch smaller files.
b. Most of the salespersons already had portablecomputers before the new database was created.
c. The papers that the salespersons found mostimportant all contained personal informationabout employees of client companies,which the salespersons did not want in acentral database.
d. All of the salespersons were required to attend aseries of training sessions for the new databasesoftware even though many of them found thesoftware easy to use even without training.
e. The number of staff required to create thedatabase turned out to be larger thananticipated, and the company had to payovertime wages to some of them.

Answers

Answer:

c. The papers that the salespersons found most important all contained personal information about employees of client companies, which the salespersons did not want in a central database.

Explanation:

Most salespeople earn their salaries through sales commissions. A salesperson not only competes with other competing companies, but also competes against other salespeople of the same company. It is likely that they didn't want to share their trade secrets with other salespeople within the same company.

Paper Clip Company sells office supplies. The following information summarizes the company's operating activities for the year:What are total operating expenses

Answers

Answer:

The answer is "$38000"

Explanation:

Please find the complete question in the attachment file.

                                      Clip of the paper  

                                   Statement of income  

Income Revenues    164000

Less: goods sale cost 93000

Significant Benefit   71000

Expenditure for operation:  

Committee for sales     10000

Shop rental              13500

Shop utilities            9500

Operating costs Gross            33000

Operating revenue                38000      

Costs of products sold calculation:  

Investment (January 1)       27000

Goods Bought                 89000

Total sub                    116000

Reference: Inventory ( December 31 ) 23000  

Goods sold at discount   93000

The Jones Corporation uses a process system. During the current period, 2,500 units were started and 1,100 units were completed and transferred out. Ending units were 60% complete for materials and 45% complete for conversion costs. Direct materials costs added were $35,405 and conversion costs added were $32,870. There was no beginning WIP Inventory and conversion costs are added evenly throughout the process. At the end of the period, the cost per equivalent unit for conversion costs would be closest to

Answers

Answer:

The Jones Corporation

At the end of the period, the cost per equivalent unit for conversion costs would be closest to:

$19

Explanation:

a) Data and Calculations:

Units started during the current period = 2,500

Units completed and transferred out =      1,100

Ending inventory of units =                         1,400

Degree of completion for ending inventory:

Materials = 60%

Conversion = 45%

Equivalent production:

                                                 Direct materials              Conversion

Started and completed                  1,100                           1,100  (100%)

Ending inventory                              840  (1,400 * 60%)    630 (1,400 *45%)

Total equivalent unit                      1,940                          1,730

Cost per equivalent unit:

                                   Direct materials     Conversion

Cost incurred                $35,405                 $32,870

Total equivalent unit         1,940                      1,730

Cost per equivalent unit $18.25                    $19

Explain what a cash budget is and why it is important for all businesses.


Answers

Answer:

A cash budget is very important, especially for smaller companies. It allows a company to establish the amount of credit that it can extend to customers without having problems with liquidity. A cash budget helps avoid a shortage of cash during periods in which a company encounters a high number of expenses.

Explanation:

Do you agree with the decision from below mention case?

While driving his employer’s vehicle to call on a customer, Mandel decides to stop at his bank—which is one block off his route—to make a personal deposit. Mandel then negligently runs into a parked vehicle owned by Kelly. In this situation, because Mandel’s detour from the employer’s business is not substantial, he is still acting within the scope of employment, and the employer is liable.

The result would be different, however, if Mandel had decided to pick up a few friends for cocktails in another city and in the process had negligently run into Kelly’s vehicle. In that situation, the departure from the employer’s business would be substantial, and the employer normally would not be liable to Kelly for damages. Mandel would be considered to have been on a "frolic" of his own.

Answers

Answer:

I do agree with the decision.

Explanation:

Luckily for all of us, employees are still human beings. As such, we are allowed certain privileges when using a company's car, e.g. we are allowed to go to a coffee shop to buy a cup of coffee or eat something while we are using the car. In this case, Mandel went to the bank, which was only 1 block away form his route, which is still under the normal scope of what an employee can do. He could argue that he wanted to check his bank account were he deposits his paycheck.

It is very different if Mandel does something irresponsible like going out with friends or drinking. In no way these actions can be related with his normal employment activities.

At a team meeting, your manager addresses some of the discord between your team members and suggests that your team should work individually instead of as a group. She asks if anyone has an opinion on the subject. You know that there are often tough times when working in a group, but in the end your team always produces great results. What could you say to convince your manager to keep your team working together

Answers

Answer: Diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace

Explanation:

Based on the scenario given in the question, what I would say to convince the manager to keep the team working together is that "diverse teams made up of people with different experiences are better able to create competitive advantages in the marketplace".

For the growth and development of every organization, teamwork is required and a diverse team that consult of people with different experience and skills will help achieve this. Everyone contributes his or her own quota on the achievement of organizational goals.

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