According to research, most firms use variable pay to motivate the short-term performance of managers. Variable pay refers to compensation that is based on an individual's performance, such as bonuses or commissions.
This type of pay is often used as an incentive to increase productivity, as managers are more likely to put in extra effort if they know they will receive a financial reward for doing so.
While work-life benefits, annual bonuses, and training can also be used to motivate managers, variable pay is typically the most effective in driving short-term performance.
This is because it provides a clear and direct link between performance and compensation, making it easier for managers to understand what is expected of them and what they need to do in order to earn the bonus or commission.
As such, it is important for firms to use a variety of motivation strategies that take into account both short-term and long-term performance goals.
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Identify two examples of businesses that operate in the secondary sector
Answer:
car manufacturer & food production
Explanation:
which country uses a franc as its basic monetary unit?
Answer:
Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.
a company uses traditional costing to allocate overhead. how many predetermined overhead rates will they have, if there are 4 different products and 3 departments? four one twelve three
If a company uses traditional costing to allocate overhead, it will have three predetermined overhead rates if there are 4 different products and 3 departments.
Traditional Costing:
Traditional costing, also known as traditional cost accounting, allocates manufacturing overhead based on the volume of a particular cost driver, such as direct labor hours or machine hours. The cost driver is multiplied by the predetermined overhead rate to allocate overhead costs to individual products.
Therefore, if a company has 4 different products and 3 departments and uses traditional costing to allocate overhead, it would have three predetermined overhead rates.
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Complete question:
A company uses traditional costing to allocate overhead. how many predetermined overhead rates will they have, if there are 4 different products and 3 departments?
Table 1 contains information about the number of new business start-ups in four cities in the UK in 2016.
Using the information in Table 1, calculate, to 2 decimal places, the number of new start-ups in Birmingham as a percentage of the number of new start-ups in London. You are advised to show your workings.
The number of start-ups in Birningham as a percentage of the start-ups in London is 8.51%.
What are percentages?
Percentage is a measure of frequency. It is the fraction of an amount that is usually expressed as a number out of hundred. The sign used to represent percentages is %.
The number of start-ups in Birningham as a percentage of the start-ups in London = (17473 / 205320) x 100 = 8.51%
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suppose that towns collect resources from their surroundings. then, through trade, they attempt to obtain other desirable items. mortarville, an urban town that specializes in brick and ore, wants wood to build roads so that it can expand and connect to other major cities. mortarville has a willingness to pay $50 for wood, since wood is hard for them to obtain. mayflair also needs wood to build grain silos for their wheat harvests. mayflair is willing to pay $45 for wood. timber, the only foresting company, sets the price of wood at $60 .
The change in total surplus that arises due to trades between TIMBER and the tows is equal to zero
What is total surplus?A market's overall surplus serves as a gauge for the general well-being of all members. Combined consumer and producer surplus make up this amount. Consumer surplus is the gap between what customers are prepared to pay and what they actually pay for a good.
Entire benefits minus total expenses can be used to compute total market surplus. The area between our marginal benefit and marginal cost, limited by quantity, is another option. Finding the difference between marginal benefits and marginal costs at each level of production is equal to doing this.
There is no commerce since the price of wood is more than what the market will bear. In order for trade to take place, either some of the participants will boost their demand and accept the price of $60 and then search for a different supplier, or consider producing for themselves. Timber may also drop the price of the wood so that trade takes place.
The complete question is written below.
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Suppose that towns collect resources from their surroundings. Then, through trade, they attempt to obtain other desirable items. Porterville, an urban town that specializes in brick and ore, wants the wood to build roads so that it can expand and connect to other major cities. Porterville has the willingness to pay $ 50 $50 for wood since wood is hard for them to obtain. Mayfair also needs wood to build grain silos for their wheat harvests. Mayfair is willing to pay $ 45 $45 for wood. Timber, the only foresting company, sets the price of wood at $ 60 $60. The change in total surplus that arises due to trades between TIMBER and the tows is________.
-less than zero
-equal to zero
-greater than zero
What are some examples of how debt can be a good thing?
exposed brotherbro :>
Answer:
It can be good
Explanation:
I got not email long I and I will be there for you to come and see you again and I hope that we will have to get the name of our team and to be unconstitutional
please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms
What are the issues the company
will face if it suffers a devastating fire and will be unable to
produce products for the next 18 months. What is the action plan
that will minimize the impact on the c
If a company suffers a devastating fire and cannot produce goods for the next 18 months, it is likely to face a variety of issues, including loss of revenue and market share, as well as potential legal and regulatory consequences.
An action plan can be developed to reduce the impact on the company by taking specific steps.
Here are the issues the company will face if it suffers a devastating fire:
Loss of revenue: The inability to produce products for 18 months will result in a significant loss of revenue for the company. This may cause the company to lose its market position and profitability, which can lead to bankruptcy.
Legal and regulatory consequences: The fire and its aftermath may have legal and regulatory implications. The company may face legal claims from its employees, shareholders, and other stakeholders. Additionally, regulatory bodies overseeing workplace safety and environmental standards may impose fines and penalties.
Loss of market share: The company may lose its market share and brand value due to the fire. Customers may lose faith in the company and its products, leading them to switch to more reliable competitors.
The following steps can be taken to minimize the impact on the company:
Implement a business continuity plan: Develop a business continuity plan (BCP) that outlines steps to cope with the effects of the fire. The BCP should include a contingency plan for product distribution and identify alternate production sites or partners.
Regular testing and review of the plan is essential to ensure its effectiveness.
Rebuild the company's reputation: After the fire, the company needs to rebuild its reputation. It should take measures to reassure customers, employees, and other stakeholders that it is actively addressing the situation and implementing measures to prevent future incidents. Compensation may be offered to those who suffered due to the fire.
Collaborate with stakeholders: The company should collaborate with its stakeholders to address the issues arising from the fire. This includes working closely with employees, suppliers, and regulatory bodies to resolve legal and regulatory implications.
The company may also consider strategic partnerships with other companies to meet its production needs during the recovery period.
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T/F: the legal contract between the bondholders and the issuer is called the bond
The given statement "The legal contract between the bondholders and the issuer is called the bond" is true a bond is a debt security issued by corporations, municipalities, and governments to raise capital for various purposes, such as financing projects or expansion plans.
The bond contract outlines the terms and conditions of the bond issue, including the principal amount, interest rate, maturity date, and payment schedule. The bondholders lend money to the issuer in exchange for regular interest payments and the repayment of the principal amount at maturity. The bond contract also includes covenants that protect the interests of the bondholders, such as restrictions on the issuer's ability to issue additional debt or make certain business decisions.
Overall, the bond contract is a critical document that establishes the legal obligations of both the issuer and the bondholders and ensures that the bond issue is executed in a transparent and fair manner.
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M Steak, an online specialty retailer that serves the southern California region market with its gourmet black-haired wagyu steak from its website. The steak is priced at more than $300 per pound. As a result, M Steak caters to only gourmet food enthusiasts (foodies) who purchase regularly for their own consumption, and other customers (non-foodies) who purchase less frequently as holiday gifts. M steak is contemplating the purchase of a customer list from a list broker for $10 per name. The company will send each person on the list a full-color catalog, which costs the company $10 to produce and $1 to mail every month for a year. Generally, such a customer list results in a response rate of approximately 15% for foodies; that is, 15% of the customers who receive an unsolicited catalog in this manner will make a purchase. On the other hand, the response rate for non-foodies is at 25%. After a year, those who do not purchase the product will be removed from the mailing list while the remaining customers continue to receive catalogs every month. Their foodie customers will make on average four purchases per year with an average order size of $200. Foodies usually have an annual retention rate (the percentage of customers who will continue to make purchase the next year) of 85%. The non-foodies will only make two gift purchase per year with an average order size of $250. The retention rate for non-foodies is only 65%. M Steak ships its product in a sealed containers filled with dry ice to preserve the meat freshness. It is able to make 50% margin from its foodie customers and 60% from its non-foodie customers. M Steak assumes a 9% discount rate for its time value of the money. Please answer the following four questions using an Excel spreadsheet (i. Clearly write down your answer to each of the following four questions in your spreadsheet; ii. Show your work with necessary steps for the analysis.): 1. How much is the acquisition cost for each type of customers? (5 points) 2. How long will it take M Steak to break even considering all their customers? (6 points) 3. M Steak considers that the customer lifetime has ended when the NPV of the annual net profit dips below $50. How much is the customer lifetime value for each type of customers? (6 points) 4. M Steak believes that the customer lifetime is 6 years for foodies and 3 years for non-foodies. If that is the case, should M Steak purchase the customer list from the list broker, and why? (8 points)
To answer the questions, we'll perform various calculations using the provided data. I'll break down each question and guide you on how to approach it in an Excel spreadsheet.
Acquisition Cost for Each Type of Customer:
Foodie Customers:
Cost per name: $10
Response rate: 15%
Acquisition cost = Cost per name / Response rate
Non-Foodie Customers:
Cost per name: $10
Response rate: 25%
Acquisition cost = Cost per name / Response rate
Break-Even Time:
Calculate the net profit generated from each customer type and the associated costs.
Determine the cumulative net profit each month and find the month when it becomes positive (break-even point).
Customer Lifetime Value:
Calculate the net profit generated from each customer type over the customer lifetime.
Determine the present value (PV) of the net profit using the discount rate of 9%.
Customer Lifetime Value = PV of Net Profit
Decision on Purchasing the Customer List:
Compare the Customer Lifetime Value with the cost of acquiring the customer list. If the Customer Lifetime Value exceeds the acquisition cost, it is favorable to purchase the list.
Please note that due to the complexity and calculations involved, it would be more convenient to perform these calculations directly in a spreadsheet software like Excel.
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how restaurant workers help pay for lobbying to keep their wages low
Restaurant workers help pay for lobbying to keep their wages low because The National Restaurant Association has a mandatory. A mandatory that food-safety classes minimum $15is used to turn waiters and cooks into unwitting funders of its battle against minimum wage increases.
Before starting a new job, many cooks, waiters and bartenders pay around $15 to a company called ServSafe for an online class in food safety. That course is basic, and it is happen in four of the largest states. Servsafe training is taken by workers nationwide and it is required by law. Largely unbeknown to the workers, in taking class they are are also helping to fund a nationwide lobbying campaign to keep their own wages from increasing.
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What did the rothschild do with the gold that he had after napoleon was defeated?
He invested it into the the british bond market, and waited a year to sell it as its value rose. Value ended up being about 600 million pounds in today’s economy
What organizational & technical failures led to the data breach
at Equifax? (Please put where you got your sources from, thank
you!)
The organizational and technical failures that led to the Equifax data breach in 2017 have been extensively discussed and investigated. Sources such as the U.S. House of Representatives Committee on Oversight and Government Reform Report highlight the key failures.
These include the company's failure to patch a known vulnerability in a timely manner, inadequate security practices such as weak passwords and lack of encryption, poor communication and response to the breach, insufficient monitoring and detection systems, and issues with executive leadership and governance.
These failures collectively allowed hackers to exploit vulnerabilities, gain unauthorized access to sensitive data, and compromised the personal information of millions of individuals.
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The direction of motion along a seafloor transform fault is:a. associated with turbidity currents.b. in the same direction as the plates are spreading.c. perpendicular to the direction of plate movement.d. influenced by underwater boundary currents.
The direction of motion along a seafloor transform fault is perpendicular to the direction of plate movement. Transform faults are areas where tectonic plates slide horizontally past each other, and the motion of these plates is parallel to the fault line.
Turbidity currents are fast-moving currents that occur in the ocean and are caused by the displacement of sediment. These currents can cause erosion and deposition of sediment on the seafloor, but they are not directly associated with the motion along a transform fault.
Similarly, underwater boundary currents are ocean currents that flow along the boundaries of different water masses, but they do not directly influence the direction of motion along a transform fault.
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state 2 reasons that lead to foreign trade.plz answer asap!!!
For imports:
You import when there is lack of production in your own country
or when another country offers a cheaper price and/or better quality good than your own country's industry
for exports:
production surplus.
how supply and demand, scarcity, and economic measurement affect the legal form of business
Supply and Demand (Affects Pricing, Supply, and Income) - When a company provides large amounts of the product they are selling, the price tends to remain at a constant price. When a company begins to have too much of one product, they will usually lower the price to sell more of it. When a company begins to lack stocking the shelfs of their product, they will increase the prices so that they will not run out. When demand increases, prices might also increase because they are aware it is a chance to make profit. When demand decreases, the price decreases.
Scarcity - When a business faces scarcity, or the lack of stocking shelfs, the company could possibly lose income and in the future face serious economic issues. Most businesses that face scarcity, usually face bankruptcy within the next 7 years due to the slow or quick decrease in profit and supply. When businesses face scarcity, limits on the amount each household can purchase can be enforced and prices will increase dramatically. In 2021, there was a known 7% increase on prices of many food items.
Economic Measurement is explained throughout the two paragraphs.
Hot dogs come in packs of 10, while buns come in packs of eight. What are the least numbers of packs you should buy in order to have the same numbers of hot dogs and buns?.
Answer:
5 times because you keep multiplying till they are the same
Answer:5
Explanation:
your welcome
What should job candidates avoid posting on their social media accounts? Check all that apply.
photos with family members
a lot of pictures from parties
quotes by well-known people
bigoted or discriminatory comments
questionable photos or other images
ANSWER IS B, D, and E
Answer:
Option B, D and E
Explanation:
As per the code of ethics, an employee should have separate social media account for its personal and professional use. In case, he or she do not maintain separate accounts then they have an obligation to act in a professional manner even in social media as they are representative of a company.
Hence they should post things accordingly and do not indulge in any activity that will harm the image of their company or themselves.
Answer:
b,d,e
Explanation:
7. Connor has identified the need to make changes in the efficiency of his customer service
department. In general, he will make changes in which three of the following categories?
Answer:
A) coordinate recruitment and compensation activities
how can a business meet customer needs
Do you think NAFTA should adopt a common currency? Why or why not?
Answer:
Explanation:
I don't have a personal opinion, but I can provide some information that may be helpful in answering your question.
The North American Free Trade Agreement (NAFTA) is a trade agreement between the United States, Canada, and Mexico that was signed in 1994. While NAFTA has helped to increase trade between the three countries, it does not include provisions for a common currency.
There are arguments for and against the adoption of a common currency among the NAFTA countries. Proponents argue that a common currency could help to facilitate trade and investment between the three countries, reduce transaction costs, and increase economic integration. It could also help to stabilize exchange rates and reduce the risk of currency fluctuations.
Opponents, on the other hand, argue that adopting a common currency would be difficult due to the economic and political differences between the three countries. It could also lead to a loss of economic sovereignty for each country, as well as potential inflationary pressures.
Ultimately, the decision to adopt a common currency would be a political one that would require the agreement of all three countries. While there are potential benefits to a common currency, there are also potential drawbacks that would need to be carefully considered.
HELPPPKDDKKD
Question 5 of 10
Creating barriers to trade can lead to which problem?
A. Consumers will be more likely to buy luxury goods in foreign
markets
O B. Domestic businesses will face more competition from foreign
companies.
C. The country will become overly reliant on foreign countries.
OD. Other countries will retaliate by creating their own barriers to trade.
Creating barriers to trade can lead to Other countries will retaliate by creating their own barriers to trade problem.
What are the reasons of trade barriers?Governments erect trade barriers to control foreign trade and safeguard domestic industries. Implementing trade barriers is done for a variety of reasons, including: 1. Protecting domestic industries: To shield their domestic industries from foreign competition, governments may impose trade barriers. Subsidies, quotas, or tariffs can all be used to achieve this. 2. National security: Trade restrictions may be put in place for the protection of the nation, such as by limiting the export of materials or sensitive technology that could be used for military purposes. 3. Environmental issues: To protect the environment, governments may impose trade restrictions on imports of products that do not adhere to certain environmental standards. 4. Anti-dumping measures: To stop businesses from flooding the market with their products at below-market prices, governments may impose tariffs or quotas.
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6. (4 points) 1 Make an argument for using the WACC to evaluate leasing. 2 How is this consistent with other capital budgeting problems? 3 How does the "sequencing problem" come into play?
The WACC is employed to compute the net present values of the discounted cash flows related to capital budgeting recommendations. Common stock, preferred stock, and debt are the components that make up the cost of capital.
In order to maximise some efficiency metric, such as total time spent or overall cost, etc., a series of tasks that must be completed on a limited number of service facilities (such as machines) in some well-defined technological order must be done in an acceptable order, or sequence.
WACC is significant because it shows the minimal return on investment the company must achieve to satisfy its creditors and investors. Additionally, it shows the opportunity cost and risk of investing in the company, as higher WACC denotes higher risk and lesser opportunity.
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cassandra is a 21-year-old who is still in college. she wants a credit card so she can order items online. her mother offers to let cassandra use her card, but cassandra would like it in her own name. what is an advantage of having it in her own name?
Some advantages of having a credit card in your own name are that you begin to build your own credit history, it can help you in an emergency, and you may get rewards or cash back on purchases.
What is credit card?
A credit card is a type of payment card that is given to customers (cardholders) to allow them to pay a merchant for goods and services based on the amount of debt they have accumulated (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (typically a bank or credit union) establishes a revolving account and provides the cardholder with a line of credit from which they can borrow money to pay for purchases or receive a cash advance. Consumer credit cards as well as business credit cards are the two types of credit cards. The majority of cards are made of plastic, but some are made of metal (stainless steel, gold, palladium, titanium), while others have gemstones embedded in the metal.
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3. ______ are defined as goods or services that are required for health and safety.
Occupational Health and Safety are defined as goods or services that are required for health and safety. Information standards are guidelines governing the information that must be provided to consumers when they purchase specific goods.
What is the safety of goods?A safe product is one that delivers either no risk or a minimum tolerable level of risk, taking into account the product's typical or reasonably foreseeable use and the need to maintain a high level of consumer protection.
Occupational health and safety is a multidisciplinary discipline that deals with all elements of workplace health and safety, with a heavy emphasis on preventing workplace dangers.
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rocky mountain bottling company produces a soft drink that is sold for a dollar. at production and sales of 1,000,000 units, the company pays $700,000 in production costs, half of which are fixed costs. at that volume, general, selling, and administrative costs amount to $300,000, of which $50,000 are fixed costs. what is the amount of contribution margin per unit?
The difference between the selling price per unit and the variable cost per unit is the contribution margin per unit. In the breakeven analysis, which is also known as the cost-volume-profit analysis.
This is used to calculate the breakeven point.
How is commitment edge determined?
Commitment edge is determined as Income - Variable Expenses. The commitment edge proportion is determined as (Income - Variable Expenses)/Income
What is commitment edge versus gross edge?
Commitment edge considers just the variable expenses of making an item or administration, while gross edge thinks about all immediate expenses of creation.
First, figure out all of the variable costs.
($800,000 x 0.50) plus (250,000 - 70,000) equals $580,000 in variable costs.
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Which describes a situation of scarcity?
Answer:
Scarce natural resources make it more difficult for producers to keep up with demand.
Explanation:
pa brainlest na din po
Answer:
"Scarce natural resources make it more difficult for producers to keep up with demand"
ABSOLUTE SCARCITY EXAMPLES INCLUDE: ... Coal is used to create energy; the limited amount of this resource that can be mined is an example of scarcity. A day has an absolute scarcity of time, as you cannot add more than 24 hours to its supply. Those without access to clean water experience a scarcity of water
An investor seeking to recover stock market losses from a CPA firm associated with an initial offering of securities based on an unmodified opinion on financial statements that accompanied a registration statement, must establish that:_________.
A) The audited financial statements contain a false statement or omission of material fact.
B) The CPA firm would have discovered the false statement or omission if it had exercised due care in its examination.
C) The CPA firm did not act in good faith.
D) The investor relied on the financial statements.
Answer:
A) The audited financial statements contain a false statement or omission of material fact.
Explanation:
When an investor seeking to recover stock market losses from a CPA firm associated with an initial offering of securities based on an unmodified opinion on financial statements that accompanied a registration statement, must establish that the audited financial statements contain a false statement or omission of material fact.
An unmodified opinion on financial statements can be defined as an opinion issued by an auditor stating that there are no material misstatements and this simply implies that the, the financial statement represents a true and fair perspective.
Hence, when an investor seeking to recover stock market losses from a certified public accountant (CPA) firm, he or she must establish that the audited financial statements contain a false statement or omission of material fact in accordance with the public company accounting oversight board (PCAOB).
What roles do specialization and division of labor play in economists’ support of free trade?.
Through free trade, countries specialize in the goods for which they have a comparative advantage and trade for those in which they do not. Specialization allows a country to divide labor among the various production segments, which results in higher productivity and greater economic growth for the involved countries.
What Are the Economic Impacts of Specialization?
Specialization, along with the complementary concept of the division of labor, occurs when the innate inequalities of human productive output are intensified along different skills. An individual becomes economically specialized when he focuses his productive efforts on an increasingly narrow range of tasks. The most obvious economic impact of specialization can be seen in the tendency for individuals to choose different vocations that are more in line with their interests, skills, opportunities, and education.
Division of labor:
The division of labor is the separation of the tasks in any economic system or organisation so that participants may specialize (specialization). Individuals, organizations, and nations are endowed with or acquire specialized capabilities and either form combinations or trade to take advantage of the capabilities of others in addition to their own. Specialized capabilities may include equipment or natural resources as well as skills and training and combinations of such assets acting together are often important. For example, an individual may specialize by acquiring tools and the skills to use them effectively just as an organization may specialize by acquiring specialized equipment and hiring or training skilled operators. The division of labor is the motive for trade and the source of economic interdependence.
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Why is it important to demonstrate a positive work attitude in the workplace?
O to be seen as trustworthy and reliable
O to be seen as coachable and flexible
O to be seen as willing to delegate tasks
O to be seen as easily persuadable
Answer:
the first one
Explanation:
if you aren't trustworthy you might not get as many opportunities in your workplace