After creating a product prototype, a company tests it within the firm to see how it performs in different applications. The company refines the prototype to correct the mistakes found in in-house testing. What should be the next step?

Answers

Answer 1

Remainder option of the question:

A) commercializing the product

B) performing concept testing

C) conducting beta testing with customers

D) creating a marketing strategy for the product

E) performing business analysis

Answer:            

Option C Conducting beta testing with customers

Explanation:

The reason is that the company will have to test whether the prototype further requires any amendment by considering the reviews of the customers which are most valuable for the company. This helps in designing of the product prototype that best suits the company to help grow its business and profits.

Answer 2

Final answer:

After in-house prototype refinement, a company should conduct external beta or market testing with potential users to gather real-world feedback. This feedback is crucial for further refinement before full-scale production. It ensures the product meets customer needs effectively.

Explanation:

After refining a product prototype based on in-house testing, the next step should be to conduct external testing with a select group of potential users or customers. This phase, often termed as beta testing or market testing, involves evaluating the prototype under real-world conditions to gather feedback on its performance, usability, and any issues or improvements from an end-user perspective. This step is crucial as it provides valuable insights that cannot be fully anticipated or replicated in a controlled in-house environment. The feedback collected from this phase should then be analyzed and used to further refine the product before proceeding to full-scale production and launch.

During the market testing phase, it is essential to set clear objectives, select a representative sample of potential users, and plan how the feedback will be collected and analyzed. This step not only helps in identifying potential market acceptance and demand but also in uncovering any usability issues or additional refinements needed to meet customer expectations. It bridges the gap between theoretical design and practical usability, ensuring that the final product will meet the needs of its target audience effectively.


Related Questions

Mars Inc. printed 1,200 brochures with the intention of distributing them using a national newspaper. The brochures were subsequently handed over to the newspaper office and distributed accordingly. This scenario depicts the use of:____________.

Answers

Answer:a preprinted insert

Explanation:Preprinted inserts are often used by advertisers who want to use a heavier paper stock than the carrier publication and/or who want to have control over print quality and color.

Answer:

Pre-printed insert

Explanation:

Pre-printed insert, just as the name suggests,is a type of print media advertising, in which the advertiser produces the advert material as it should be, then sends it to the carrier publication for inclusion into the publication that would carry the advert in the form it was produced exactly by the advertiser, thereby maintaining the quality intended.This enclosed preprinted advert materials include sales brochures, booklets, etc.

How does a government budget deficit occur? A nation earns more on exports than it spends on imports. A government's spending exceeds its tax revenues. A government's tax revenues exceed its spending. If a nation carries a public debt, it must be running a deficit every year.

Answers

Answer:

The answer is B. government's spending exceeds its tax revenues

Explanation:

Government budget records deficit if its spending is more than its revenue. The main source of government revenue is from tax. And government record surplus if its revenue is more than its spending.

One of the disadvantages of government budget deficit is that inflation rate will be rising. Government might spend to stimulate the economy.

Answer:B

Explanation:

Suppose a person has declared that it is their desire to go on a whale watching tour before they die. With this in mind, they donate money to a "Save the Whales" campaign. This is an example of:_______.A. Consumptive use value.B. Existence value.C. Option value.D. Non-Consumptive use value.

Answers

Answer:

Option "C" is the correct answer to the following statement.

Explanation:

Option value reflects the notion that people might still believe that some benefit from getting connections to the community offered services, even though they are not confident if they will use them.

In this case, a man wanted to see whales in his life so he takes a risk to donate money in the campaign with the hope that the campaign will help him to see whales in the future.

_________ has resulted in more consistency in regulations, so Colgate-Palmolive Company now markets its Colgate toothpaste with one formula and package across numerous European countries at one price.

Answers

Answer:

The European Union

Explanation:

The formation of European Union and appearing as Political Union (Type of Free trade Area) has set standards for all the members to defend its country exports against foreign countries and designed foreign policies and internal policies.

This has forced its members to transform its fiscal policy and unified the imposed duties and taxes on the import which helped many products manufacturer to consider the europe as a whole a single country and design their strategy accordingly to ensure its place in the market and bring maximum out.

Nation A's real GDP was $520 billion in 2015 and $550 billion in 2016. Its population was 150 million in 2015 and 155 million in 2016. On the other hand, Nation B's real GDP was $200 billion in 2015 and $210 billion in 2016; and its population was 53 million in 2015 and 55 million in 2016. Which of the following statements is true?
a. Nation A's GDP per capita increased from 2015 to 2016, while Nation B's decreased.
b. Nation A's and Nation B's GDP per capita both increased from 2015 to 2016.
c. Nation B's GDP per capita increased from 2015 to 2016, while Nation A's decreased.
d. Nation A's and Nation B's GDP per capita both decreased from 2015 to 2016.

Answers

Nation A's and Nation B's GDP per capital both increased from 2015 to 2016 (b).  

Explanation:

The formula for per capital income =total income/total population. In the year 2015 Nation A's per capital income is 520/150= 3.46 and in the year 2016 Nation A's per capital income is 550/155=3.54 . In the year 2015 Nation B's per capital income is 200/53= 3.77 and in the year 2016 B's per capital income 210/55=3.81.

In both the cases the per capital income has increased from the year 2015 and 2016 for both the nation.

Final answer:

After calculating GDP per capita for Nation A and Nation B for the years 2015 and 2016, it's clear that both nations experienced an increase in their GDP per capita, leading to the conclusion that option b is correct.

Explanation:

The question asks about the changes in GDP per capita for Nation A and Nation B from 2015 to 2016. To solve this, one must calculate the GDP per capita for each nation in each year by dividing the nation's real GDP by its population for that year.

For Nation A:
2015 GDP per capita = $520 billion / 150 million = $3466.67
2016 GDP per capita = $550 billion / 155 million = $3548.39

For Nation B:
2015 GDP per capita = $200 billion / 53 million = $3773.58
2016 GDP per capita = $210 billion / 55 million = $3818.18

From these calculations, we can see that both Nation A and Nation B had an increase in GDP per capita from 2015 to 2016. Therefore, the correct statement is:

b. Nation A's and Nation B's GDP per capita both increased from 2015 to 2016.

In the Baldrige assessment, _____ refers to how a company refines the approach through cycles of evaluation and improvement, encourages breakthrough change to the approach through innovation, and shares refinements with other relevant work units in the organization.

Answers

Answer: The correct answer is "Deployment".

Explanation: In the Baldrige assessment, deployment refers to how a company seeks to refine the approach with the implementation of evaluation and improvement cycles, promotes radical changes through innovation and shares these refinements with other units of work of great importance within the organization.

How should fruits that produce ethylene gas be stored?

A. In separate drawers or sealed containers
B. In perforated plastic
C. In paper bags in the lowest refrigerator shelves
D. On a shelf

Answers

Fruits that produce ethylene gas should be stored in a refrigerated and well-ventilated environment to slow down ripening and to remove ethylene gas. Hence the correct answer is D.

Fruits that produce ethylene gas should ideally be stored in environments that are both refrigerated and well ventilated. Refrigeration is beneficial because it slows down the chemical reactions, including the process of fruit ripening. Meanwhile, ventilation is important as it removes the ethylene gas from the storage environment, which can otherwise accelerate fruit maturation. To explore this effect, you can place a ripe apple or banana, which naturally emit ethylene, with an unripe fruit in a closed container or paper bag. You will observe that the unripe fruit will ripen quicker due to the ethylene exposure. In commercial storage, ethylene is scrubbed from the air using an air filter system to slow ripening and reduce spoilage.

Titan Info Group is a software consulting firm based in Redmond. The firm uses a standardized job analysis questionnaire containing 194 questions about work behaviors, work conditions, and job characteristics that apply to a wide variety of jobs. In this scenario, Titan Info Group is using A) a utilization analysis. B) the Fleishman Job Analysis System. C) a work flow design. D) a conjoint analysis. E) the Position Analysis Questionnaire.

Answers

Answer:E) the Position Analysis Questionnaire.

Explanation:The Position Analysis Questionnaire is a structured job analysis questionnaire that aids the user in conducting a quantified analysis of a given job. To complete a job analysis using the Position Analysis Questionnaire, the user reviews background information, observes the job, and conducts thorough interviews with job incumbents to determine job content then rates the extent to which each item on a standard list of Position Analysis Questionnaire job elements applies to that particular job. There are six types of rating scales used in the Position Analysis Questionnaire: Extent of Use; Importance to This Job; Amount of Time; Possibility of Occurrence; Applicability; and Item-Specific scales.

Final answer:

Titan Info Group is using the Position Analysis Questionnaire, a standardized job analysis questionnaire.

Explanation:

The software consulting firm, Titan Info Group, is using the Position Analysis Questionnaire. This standardized job analysis questionnaire consists of 194 questions about work behaviors, work conditions, and job characteristics that apply to a wide range of jobs. The purpose of the questionnaire is to collect information and data regarding job requirements and responsibilities, enabling the firm to accurately describe the tasks and characteristics of different positions.

Whistler Corp. performed services for a customer but has not yet recorded payment, nor has it recorded any entry related to the work. Which of the following accounts are involved in the adjusting entry: (a) asset, (b) liability, (c) revenue, or (d) expense

Answers

Answer:

(a) asset

(c) revenue

Explanation:

On accrual accounting when a business performs a service but has not yet received payment, the entry is recorded in an asset account called Accounts receivable.

Accounts receivable contains all revenue that is owed by other parties to the business but have not been settled yet.

In the adjusting entry the asset account- Account receivable is now debited for the amount received and a credit is passed to Revenue account.

The adjusting entry is passed when the payment is received for services rendered.

Final answer:

The adjusting entry that Whistler Corp. needs to make for performing services without yet receiving payment involves an asset (accounts receivable) and revenue (service revenue).

Explanation:

Whistler Corp. has performed services but has not recorded payment, nor any entry related to the work. In accounting terms, this means that Whistler Corp. has earned revenue but has not yet received payment. Therefore, the transaction involves recognizing an account receivable, which is an asset, and service revenue.

As they have not received payment, an adjusting entry will typically involve debiting accounts receivable (to show the asset that the company expects to collect) and crediting service revenue (to record the earnings that have occurred as a result of the service provided).

No expenses or liabilities such as accounts payable are recorded in this transaction because the company has performed a service, not received a good or service. The revenue recognition principle in accrual accounting dictates that revenue is recognized when earned, regardless of when cash is received.

A buyer is concerned that new construction a mile away could have a negative environmental impact on the home they are considering purchasing. Can they make the Contract to Buy/Sell contingent on the result of an environmental impact report?

Answers

Answer:

Yes,they can make the contract to buy/sell contingent on the result of an environmental impact report

Explanation:

Being cautious of the welfare of the local community is an example of ethical consideration in business in some countries,while it is a legal and ethical consideration in some other countries, especially the advanced nations of the world.

Little wonders how the cleanup of the contamination caused by BP in 2010 cost the company about $65 billion in restoration and clean up,legal fees  as well as  settlements paid to affected parties.

Businesses must as point of duty have regard for environmental impact and footprints

Grady Home Health has a profit margin of 15 percent on sales of $20,000,000. If the firm has debt of $7,500,000 and total assets of $22,500,000, what is Grady's return on assets (ROA)

Answers

Answer:

The ROA is 20%

Explanation:

The Return on Asset is the ratio of a company's net income compared to its asset.  It is used to show how profitable the assets a company has is to the company.

mathematically it is represented as;

ROA = (net income) ÷ (total asset)

let us calculate net income first.

net income = 15% on sales of $20,000,000

= 15/100 × 20,000,000

= 0.15 × 20,000,000 = $3,000,000

Asset = Total asset - debt = 22,500,000 - 7,500,000 =$15,000,000

∴ ROA = 3,000,000 ÷ 15,000,000 = 0.2

converting to percentage; 0.2 = 20/100 = 20%

Final answer:

Grady Home Health's return on assets (ROA) is calculated by dividing its profit by the total assets. The profit is found by applying the 15% profit margin on the $20,000,000 sales, resulting in a ROA of 13.33%.

Explanation:

The student asked about calculating Grady Home Health's return on assets (ROA). The profit margin is given as 15 percent on sales of $20,000,000. To find the profit, we multiply the sales by the profit margin: $20,000,000 * 15% = $3,000,000. The ROA is then found by dividing this profit by the total assets. With total assets of $22,500,000, the ROA calculation would be $3,000,000 / $22,500,000, which equals approximately 0.1333 or 13.33%.

From this cartoon you can infer that the cartoonist:______. A) believes that England and Japan will soon be at war. B) opposes U. S. participation in the League of Nations. C) believes that the League of Nations will prevent future wars. D) believes that the U. S. should become a member of the League of Nations.

Answers

Answer:

The Cartoon depicts the Head of Government of the USA with hands tied being pulled from 4 different ends of the world

2 Nations stand out, England & Japan who were part of the 4 permanent Member States, (Italy and France make up the balance); whilst European Nations and Foreign Governments are depicted to also pulling at the President.

The Cartoonist opposes U.S Participation in the League of Nations

Explanation:

This is a Post World War 1 Cartoon

As part of the Versailles Treaty from the Paris conference of 1919 a League of Nations was to be formed comprising of the World Powers at the time. Members were expected to respect the sovereignty of other countries and completely discourage the deployment of Military campaigns against other countries

The President of the USA at the time President Woodrow Wilson believed so much in the Vision of the League of Nations but was constrained from having America join because of the overwhelming stand against America's involvement by the isolationist movement in the congress.

The Isolationist movement was specifically against the item X of the League's covenant which required Member nations to support other Nations in the face of an aggression from another. The interpretation of this was that the USA would be completely surrendering its sovereignty and would remain a tool for International Conflicts resolution by deploying men and war equipment as was the case with World War I.

The President is seen in the cartoon firmly rooted to USA ideals albeit opposed to his Vision of joining the League of Nations.

Answer:

B) opposes U. S. participation in the League of Nations

Explanation:

If the salaries of the sales staff of a manufacturing company are improperly recorded as a product cost, what will be the likely effect on net income of the period in which the error occurs?

Answers

Answer:

Net Income will be overstated

Explanation:

The journal entry for salaries payable is

Salaries Expense                        Dr.

    To Cash A/C

(Being salaries paid recorded)

Salaries expense is charged to net income and the journal entry is

Net Income                                  Dr.

    To Salaries Payable

Salaries expense reduces net income as it being a deductible expenditure for a corporate.

In the given case,  salary expense has been accounted as a product cost. This would reduce the expenses and thus would overstate the net income.

An ideal prospect for a universal life insurance policy is someone who foresees a possible future need to adjust the amount of the death benefit and/or the premium for the policy. Also, the prospect should understand all of the following key terms of such a policy EXCEPT:_______.1. The policy holder does not control investment in policy and hence no investment risk.2. The cash value accrue based on credited interest that changes annually but subject to a minimum credit rate. 3. The death values may only adjusted up and down at certain times stated in the policy.4. The premium payments are deposited into separate account of the life insurance company.

Answers

Answer:

The correct answer is 4

Explanation:

Universal life insurance is the insurance which is an element of the investment savings and the low premiums such as the term life insurance. These policies have a option of the flexible premium and however, some of the policies require fixed premiums or the single premium.

So, the ideal prospect of the policy states that the premium payments are deposited into the General account of the life insurance company not in the separate account. These policy control the investment not the policyholders.  

Calculate the product of savings and growth_multiplier. Store the result in year1. What do you think the resulting type will be? Find out by printing out the type of year1. Calculate the sum of desc and desc and store the result in a new variable doubledesc. Print out doubledesc. Did you expect this?

Answers

Explanation:

growth_multiplier  is 1.1

savings = 100

desc = "compound interest "

# Place product of growth_multiplier and savings  to year 1

Year 1 =  growth_multiplier* savings  

# Print  

print(type(year1))

Now,

# Place addition of desc & desc  

doubledesc  will be  desc + desc

# Print doubledesc

print(doubledesc)

Final answer:

The product of savings and growth_multiplier would result in a float data type. Adding desc to itself doubles the string and would result in a string data type.

Explanation:

To calculate the product of savings and growth_multiplier, you would use a multiplication operation. For example, if savings is 200 and growth_multiplier is 1.03 (representing a growth of 3%), year1 would be calculated as 200 * 1.03. The resulting type of year1 would then be identified as a float (decimal number), as both inputs are numerical and the operation is mathematical multiplication. You can print the type of year1 using the 'type' function in the programming language you are using.

Next, when you calculate the sum of desc and desc, you're essentially doubling the desc value. Let's say desc is a string type containing 'Hello', doubledesc would then be 'HelloHello'. When you print out doubledesc, the resulting output should be the desc string repeated twice. The type of doubledesc would be string, assuming desc was a string.

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Bait and switch: a. is a sales tactic of advertising a cheaper product in order to get a customer in to buy a more expensive product. b. is not based on ad content. c. is not regulated by the FTC. d. none of the above

Answers

Answer:

The correct option is A

Explanation:

Bait and Switch, is the kind or type of fraud, which is used in the retail sales.

Primarily, the customers are baited through advertising services or products at the low price by the merchants , but when the customers or clients visit store for buying the same product, they get to know, that the advertised goods are not available or the customer are pressured through salesman to consider the similar product but the high priced products, which is called Switching.

So, Bait and Switch, is a tactic of sales for advertising the cheaper product in order to buy the more expensive product through customers.

Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation

Answers

Complete Question:

Suppose the economy is on the classical range of the aggregate supply curve and has a problem with inflation. to use in this According to Keynesian theory, which of the following is an appropriate discretionary fiscal policy to use in this situation?

a. A reduction in the money supply.

b. Less government regulation.

c. Increase federal spending

d. Higher taxes.

Answer:

Higher taxes is an appropriate discretionary fiscal policy to use in this situation

Explanation:

The hypothesis that Keynesian economy is said to raise demand by the government to boost production. Keynesians assume that the primary force of an economy is customer demand. As a response, expansionary monetary policy is endorsed in principle.

The British Government at that time was strongly critical of Keynes. The government reduced social security costs and increased taxation in order to balance national accounts. This did not inspire people to invest their money, left the economy unified and unwilling to rebound and return to a prosperous state. Keynes said.

Alternatively, he proposed that the government would spend more resources to boost the appetite of customers in the economy. In addition, the total economic performance will be improved, which would lead inevitably to growth and a decrease in unemployment.

What is the percentage return (interest rate) an investor will receive if they purchase a zero-coupon bond today for $954.70 that will mature in one year and pay $1,000 at maturity?

Answers

Answer:

Interest rate = 4.75% (approx)

Explanation:

Given:

Face value of bond = $1,000

Present value of bond = $954.70

Interest rate = ?

Computation of Interest rate :

[tex]Interest rate = [\frac{Face value of bond}{Present value of bond}-1] \times 100\\[/tex]

[tex]Interest rate = [\frac{1,000}{954.70}-1] \times 100\\\\Interest rate = [1.04744946-1] \times 100\\Interest rate = [0.04744946] \times 100\\= 4.744946[/tex]

Interest rate = 4.744946%

Interest rate = 4.75% (approx)

Planning and control __________.
A) Unselected translates the master schedule for final products into detailed material requirements
B) Unselected refers to the observation that any change, even a small one, in the requirements for items at the top of the bill of material can have drastic effects on items further down the bill of material
C) Unselected is a time-phased planning approach similar to MRP that uses planned orders at the point of demand (customer, warehouse, etc.) to determine forecasted demand at the source level (often a plant)
D) Unselected is a set of tactical and execution-level business activities that includes master scheduling, material requirements planning, and some form of production activity control and vendor order management
E) Unselected I DON'T KNOW YET

Answers

Answer:

D) is a set of tactical and execution-level business activities that includes master scheduling, material requirements planning, and some form of production activity control and vendor order management

Explanation:

Note that, to plan, to schedule are synonymous terms therefore planning is a deliberate action that involves a set of tactical and execution-level business activities.

This business activities usually involves material planning as well as production control activities inorder to execute operations smoothly.

Answer:

D) Unselected is a set of tactical and execution-level business activities that includes master scheduling, material requirements planning, and some form of production activity control and vendor order management.

Explanation:

Planning and control (Production planning and control system, PPC) is concerned with the reconciliation between what the market requires and what the operation's resources can deliver. Planning and control activities provide the systems, procedures and decisions which bring different aspects of supply and demand together. Planning and control can also be defined as a set of tactical and execution-level business activities that includes master scheduling, material requirements planning, and some form of production activity control and vendor order management.

"New Millennium Enterprises institutes a training program that teaches employees how to treat customers with respect. Three weeks later the trained employees are observed at work to see how they treat their customers. This is an example of a _________ criterion."

Answers

Answer:

Hi, you haven't provided the options to the question, so I will just give the answer in my own words and you can check with the options.

Answer is: BEHAVIOR CRITERION

Explanation:

Training evaluation refers to the process of collecting the outcomes needed to determine if training is effective. A training program should give the following resulting changes (criteria): Reaction, learning, behavior, and result.

* Reaction measures how participants react to the training (e.g. satisfaction).

* Learning analyzes if they truly understood the training (e.g. increase in knowledge, skills or experience).

* Behaviour: this helps to understand how well participants apply their training. It measures how much participants have changed their behavior as a result of the training they received.

Behavior is designed to determine if the newly acquired skills or knowledge or attitude are being used in the everyday environment of the learner.

*Results determines if the material has a positive impact on the business or organization.

Therefore, the answer that best suits the question is BEHAVIOR CRITERION.

With respect to each of the following changes, identify whether the demand curve will shift rightward or leftward:a.An increase in income (the good under consideration is a normal good)b.A rise in the price of a substitute good (caused by a decline in supply)c.A rise in expected future price d.A fall in the number of buyers

Answers

Answer:

A. The demand curve will shift to the right.

B. The demand curve will shift to the right.

C. The demand curve will shift to the right.

D. The demand curve will shift to the left.

Explanation:

Demand curve: It is graph plotted to represent relationship between the quantity demanded of a good and its price when all other influences on demand remain constant.

We know as per law of demand, with the change in price of goods, demand of goods changes. As price increases, demand decreases and as price decreases, demand increases.

With the decrease in demand, demand curve shift to left side of the graph.

With the increases in demand, demand curve shift to right side of the graph.

A. An increase in income will increase the demand of goods, therefore the demand curve will shift to the right.

B. A rise in the price of a substitute good will increase demand of the product, therefore the demand curve will shift to the right.

C. A rise in expected future price will increases the current demand for that good, therefore the demand curve will shift to the right.

D. A fall in the number of buyers will decrease the demand of the product, therefore the demand curve will shift to the left.

Final answer:

An increase in income for a normal good, rise in the price of substitutes, and higher expected future prices of a good cause rightward shifts in the demand curve, indicating an increase in demand, while a fall in the number of buyers results in a leftward shift in the demand curve, indicating a decrease in demand.

Explanation:

In economics, understanding how different factors affect the demand curve is crucial. The demand curve can shift either rightward, indicating an increase in demand, or leftward, indicating a decrease in demand, for different reasons.

An increase in income for a normal good results in a rightward shift of the demand curve.If there is a rise in the price of a substitute good, this causes a rightward shift of the demand curve for the considered good.A rise in expected future prices of a good typically leads to a rightward shift of the demand curve, as consumers are likely to purchase more now in anticipation of higher future prices.A fall in the number of buyers leads to a leftward shift in the demand curve, as there are fewer people in the market for the good.

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Complex numbers are often used when dealing with alternating current (AC) circuits. In the equation $V = IZ$, $V$ is voltage, $I$ is current, and $Z$ is a value known as impedance. If $V = 1-i$ and $Z=1+3i$, find $I$. Express your answer as a complex number in the form $a+bi$, where $a$ and $b$ are real numbers

Answers

Answer: I=-1/5-2/5i

Explanation: V=IZ

1-i=I(1+3i)

Make I subject

I=(1-i)/(1+3i).

multiply numerator and denominator by conjugate( 1-3i).

The denominator will become

1-9*i^2=1+9=10.

The numerator will be expanded to be 1-3i-i+(3i)^2=1-4i-3=-2-4i.

This is I= (-2-4i)/10

divide numerator and denominator by -2. We have:

I=-(1+2i)/5

I=-1/5-2/5i

A set of techniques and principles for systematically collecting, recording, analyzing, and interpreting data that can aid decision makers involved in marketing goods, services, or ideas is known as:_________.A. a SWOT analysis.B. the STP process.C. the marketing mix.D. market segmentation.E. marketing research.

Answers

Answer:

E. marketing research.

Explanation:

Marketing research is the set of processes which connects different principles, procedure, customers and the end user by expressing the opportunities available any problem faced and evaluate any market action. It helps in decision making process. The market research includes Surveys, Interviews, Focus group and Observations.

Classifications on Balance Sheet The current balance sheet of J. J. Arvesen Company contains the following major sections: Current assets Long-term investments Property, plant, and equipment Intangible assets Other assets Current liabilities Long-term liabilities Contributed capital Retained earnings Accumulated other comprehensive income The following is a list of accounts in random order. Using the letters A through J, indicate in which section each account would most likely be classified. If an account does not belong under one of the sections listed, select "Not under any of the choices" from the classific

Answers

Final answer:

This question asks to classify different accounts into their appropriate sections on a company's balance sheet, based on standard accounting principles. Examples of how to classify different accounts like cash, equipment, patent, accounts receivables, long-term bonds, buildings, prepaid expenses, income to be earned next year, and common stock, are given.

Explanation:

The question pertains to classifying accounts typically found on a balance sheet in various sections in accordance with standard accounting principles. The sections specified in the question are as follows: Current Assets, Long-Term Investments, Property, Plant, and Equipment, Intangible Assets, Other Assets, Current Liabilities, Long-Term Liabilities, Contributed Capital, Retained Earnings, and Accumulated Other Comprehensive Income.

Let's consider that the accounts are as follows (1. Cash, 2. Equipment, 3. Patent, 4. Account Receivables, 5. Long-term bonds, 6. Buildings, 7. Prepaid expenses, 8. Income to be earned next fiscal year, 9. Common Stock) as an example.

Cash - Current AssetsEquipment - Property, Plant, and EquipmentPatent - Intangible AssetsAccounts Receivables- Current AssetsLong-term bonds - Long-Term InvestmentsBuildings - Property, Plant, and EquipmentPrepaid expenses - Current AssetsIncome to be earned next fiscal year - Not under any of the choices Common Stock - Contributed Capital

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In his research, George Murdock determined that Question 15 options: A) though cultures appear to outwardly share many common denominators, the only true cultural universal is trade. B) all cultures are fundamentally the same when it comes to their beliefs and practices. C) although all cultures share common denominators, how cultures address these practices and beliefs varies greatly. D) cultures don't share anything in common.

Answers

In his research, George Murdock determined that "though cultures appear to outwardly share many common denominators, the only true cultural universal is trade".

Option: A

Explanation:

Cultural universal is a reality, adaptations to fulfill basic necessities, such as the need for meal, house and clothing. George Murdock, a Polish-born anthropologist, assembled a list of cultural universals involving as below:

physical activitieseatingdancingtravellingpersonal namesmarriagenursingreligious ritesfuneral ritualssexual constraintstrade

G. P. Murdock is known for his analytical approach to ethnological research and his analysis of the systems of family and shared experience through cultures.

Final answer:

A variety of shared needs and challenges are present in all cultures, according to George Murdock. Despite this, the ways these cultures approach these issues can significantly differ. For example, all societies need to feed their population, but the food they eat and how they prepare it varies extensively.

Explanation:

George Murdock, the noted anthropologist, did extensive research on culture. His findings support option C: although all cultures share common denominators, how cultures address these practices and beliefs varies greatly. This statement essentially means that while all human societies have similar challenges and needs, the ways they solve and respond to these concerns differ widely. For example, every society needs to feed its members, but the specific food they consume and how they prepare these foods will vary drastically, reflecting their unique practices and beliefs.

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Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from nonleaders by focusing on personal qualities and characteristics. The HR director plans to promote Lawrence, a highly extraverted manager with a great deal of ambition and energy to the position of VP, Manufacturing. He asks for your expertise in helping him to apply trait theory to leadership selection within your company. The director believes that because of his innate characteristics, Lawrence will be highly effective at helping the company achieve its production goals. You advise the director against basing his decision purely on traits because ________.

Answers

leadershipCorrect/Complete Question:

Your company's HR director is a believer in trait theories of leadership. He believes that he can differentiate leaders from nonleaders by focusing on personal qualities and characteristics. The HR director plans to promote Lawrence, a highly extraverted manager with a great deal of ambition and energy to the position of VP, Manufacturing. He asks for your expertise in helping him to apply trait theory to leadership selection within your company. The director believes that because of his innate characteristics, Lawrence will be highly effective at helping the company achieve its production goals. You advise the director against basing his decision purely on traits because ________.

A) research has identified emotional stability as the strongest predictor of leadership effectiveness

B) studies have found that the Big Five traits are difficult to identify in leaders

C) studies have shown that traits are poor predictors of leadership effectiveness

D) research has found that conscientiousness is a better predictor of effectiveness than extraversion

E) research has shown that effective managers are often unlikely to become effective leaders

Answer:

C, studies have shown that traits are poor predictors of leadership effectiveness

Explanation:

As much as traits can help predict leaders from non leaders, it is not adequate to distinguish the effectiveness or lack of it as a leader.

In the case of the above question, it is proper to advise the HR against making Lawrence a VP for manufacturing becase just his traits won't be enough to efficiently discharge his duties in that role.

Cheers. i hope this helps

Jennifer rates her employees on subjective attributes such as attitude, honesty, inspiration to others, leadership, or initiative. This is what type of appraisal?

Answers

Answer:

The correct answer is Trait Appraisal.

Explanation:

The instruments for assessing traits and behaviors provide information to make the necessary adjustments in the teaching process, it resides in the set of personal family and environmental factors that affect the performance of workers.

In the mechanisms and criteria that allow to determine if a person is competent or not, considering the skills, abilities, attitudes, knowledge and values put into play in the exercise of an action in certain contexts.

Answer:

Jennifer rates her employees on subjective attributes such as attitude, honesty, inspiration to others, leadership, or initiative. This is what type of appraisal? ... Self-appraisals.

Explanation:

Russ is the project manager of a multinational team with members in Ireland, Malaysia, and the United States. Once a week, the team meets using video and audio links on their computers so that they can see, hear and talk with one another. What technology does this best describe?

Answers

Answer:

Videoconferencing.

Explanation:

The video conferencing is the technology that helps more than two persons to interact with each other on call due to the use of telecommunication advancements and using the 3G or 4G internet surfing. The technology that enabled the project manager of multinational team interact with all of the team members at the same time is videoconferencing.

Kolker Company uses the​ percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000​, and management estimates 4​% will be uncollectible. Kolker ​Company's balance of Allowance for Uncollectible Accounts after​ adjustments, was $ 4 comma 000. The following​ year, Kolker Company wrote off $ 3 comma 000 of old receivables as uncollectible. What is the balance in the Allowance account​ now?

Answers

Answer:

$7,000

Explanation:

The previous balance of the allowance for uncollectible accounts was $4,000, then $3,000 were written off, so the new balance = $4,000 - $3,000 = $1,000

if current sales are estimated at $150,000 and 4% will be uncollectible, then you should add $150,000 x 4% = $6,000 to the allowance for uncollectible accounts.

The current account balance should be $1,000 + $6,000 = $7,000

Wal-Mart has a highly sophisticated system of recording data and being able to view results. For instance, Wal-Mart managers know from their scanner data that five pair of Wrangler Blue Jeans were sold from 10:00 a.m. to 11:00 a.m. on a certain day, and by what size. If the sales were made via credit card, Wal-Mart also knows "who," and has developed histories of what combinations of products its customers buy. The preceding is an observational situation involving which of the following?
a. people watching people
b. people watching phenomena
c. machines watching people
d. machines watching phenomena
e. All of these are observation situations

Answers

Answer:

c. machines watching people

Explanation:

Machines watching people refers to a phenomena whereby via employment of specialized machinery, an organization is successfully able to observe the activities of it's customers and at the same time also track data relating to their identity and other credentials.

In the given case, the sophisticated system entails deciphering the customer shopping pattern and the merchandise sold during a period whereas the payment mechanism of cards also helps in tracing down the identity to ensure no unscrupulous person can go unnoticed.

Thus, it's a case of machines keeping a watch or surveillance on the customers and their identity.  

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