E-commerce creates a great deal of data on how consumers interact with a website. L.L.Bean keeps records that show how quickly consumers make decisions, how many alternatives they explore, and whether they stop without completing a purchase. When a manager sees an issue and proposes a solution, the company can easily test the solution. This is an example of:________.

Answer:

A) related-constrained diversification

Explanation:

Based on the scenario being described within the question it can be said that  Virgo Inc.chose related-constrained diversification. This term refers to when a company has various sub-business's that are related or connected and in which the dominant business, which in this scenario is the computer manufacturing business, is earning less than 70% percent of the overall company's revenue.

Answer:

0.223

Explanation:

This means no shows up in 3mins=3/60=1/20hour.

Therefore the probability is

e^-λt = e^-30/20 = 0.223

There is a 0.223 percent chance that the next employee will show up at least three minutes after the first.

Probability is a branch of mathematics that deals with numerical representations of the likelihood that an event will occur or that a statement is true.

The probability of an event is a number between 0 and 1, where, generally speaking, 0 indicates the event's impossibility and 1 indicates its certainty. The more likely an event is to happen, the more likely it is to happen.

A simple demonstration is tossing a fair (unbiased) coin. The coin is fair, hence the outcomes "heads" and "tails" are equally likely; as a result, the probability of "heads" is equal to the probability of "tails." Additionally, as no other possible outcomes are conceivable, the probability of either event is 1/2 (also written as 0.5 or 50%).

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Answer:

2. An available alternative design.

Explanation:

Note that in law held liable for the quality of products they sell to their customers. The cost or the legal penalty a manufacturer or trader incurs for producing or selling a faulty  product is what is termed product liability.

Since it was the consumer Erna that filed a product liability suit against ClearCall, an available alternative design may be considered by the court so as to replace the faulty phone bought by Erna before holding ClearCall liable.

Answer:

Production orientation

Explanation:

The application of Taylor's scientific management which says that their is one best way to do a single task which brings maximum efficiency and learning of the employee. This can be done by simply breaking a single task into numerous tasks and then assigning that single task to each employee. Now each employee does the same task very efficiently and the result is economies of scale which lets the company sell maximum number of products at a very low price because of increase productivity. This was the achievement of Henry Ford who assigned single task to numerous machines and human resource to do in more efficient way and the result is that we today see Ford company as one of biggest giant of automobile industry which is operating more than 110 countries across the globe.

Answer:

The option for this answer are the following:

A.Production orientation B. Selling orientationC. Marketing orientationD. Buzz marketing orientationE. Business orientation

The correct answer is

Explanation:

The production orientation is basically focused on the process of manufacturing and producing the product, the companies that give character to this action are very effective at the operational level and their objectives are always focused on optimizing the production process.

In addition, the production orientation focuses on production costs, research of technical products, and its packaging is focused on product protection and moves away from what marketing is.

While product orientation is more concerned with product quality, its managers think that their products are unique and offer different benefits from those of the competition. So they only live focused on making improvements to the product.

Also companies that have product orientation sometimes lose focus on the market, since they only care about applying new technologies to the product, leaving aside market research and ignoring customer tastes. For what puts the product-oriented companies at a disadvantage, especially in changing markets where the consumer needs and has products that continually evolve.

Answer:

The correct answer is publisher.

Explanation:

The concept of editor includes that person or company, such as an editorial, which is dedicated to editing works or other publications, such is the case of journalistic, among the most recurrent, the publication of books and magazines.

This task constitutes a very important industry in almost all the countries of the world and has a very relevant cultural function, since in addition to of course being an economic business for those who participate directly in it, authors, publishers, sellers, through it The information is set in motion so that it reaches the interested public and in this way it can know more or educate itself about a certain science or topic.

Answer: D. FOB shipping point

Explanation:

FOB(Free-on-board) shipping point is the agreement term state where buyer and seller note the delivery of goods as the shipments leaves from shipment dock.

According to the question,Lambert shipping should have specific FOB shipping point in contract for knowing clear record of delivery of goods leaving the sellers warehouse.

Other options are incorrect because FOB cash on delivery, FOB prepaid and FOB destination are not the agreement terms to defines about product delivery left from shipment dock.Thus, the correct option is option(D)

Lambert Company would record a sale when the goods leave its shipping department if the sales agreement specifies FOB shipping point. This is because under FOB shipping point, the buyer assumes responsibility as soon as the goods leave the seller's premises and the seller can recognize the sale at that point.

The Lambert Company would record a sale when the goods leave Lambert's shipping department if the sales agreement specifies FOB shipping point. FOB stands for 'Free On Board', a term used in shipping agreements to decide when the costs, risk, and title of goods move from the seller to the buyer.

Under FOB shipping point, the buyer assumes responsibility as soon as the goods leave the seller's premises. In other words, the seller records a decrease in its inventory costs and recognizes revenue from the sale once the goods leave their shipping department.

On the other hand, FOB destination means the seller assumes responsibility until the goods reach the buyer's location. In this case, the seller would record the sale only after the goods have been delivered to the buyer's place. FOB cash on delivery and FOB prepaid are payment terms and don't affect when the seller records the sale.

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Answer:

$1,150 worth of items

Explanation:

Given that,

Club offers membership = $115

Discount of all brand name purchase = 10%

Therefore, to cover the cost of membership,

You would have to purchase = 115 ÷ 0.10

= 1,150.

So, you have to buy items worth $1,150 to cover the cost of the membership.

Note that,

Discounts are a reduction in the original cost of a commodity, usually done in order to attract customers.

Answer:

1. False

2. True

3. True

4. True

Explanation:

1. There is an overlap between financial and managerial accounting. For example, inventory method and expenses. Again, financial groups and management groups are working together to create information in aligning the necessary planning, controlling, and decision making. Therefore, it is a false statement.

2. While planning, controlling and making a decision, managerial accountants have to rely on past performance. It is a true statement.

3. Managerial accounting does not need to conform to GAAP or even IFRS. It is a true sentence.

4. Financial statements indeed have to conform to GAAP (Generally accepted accounting principles). It is a true statement too.)

Answer:

Both b. and c.

That is

b. i’m sorry, but the transfer disclosure statement covers all material facts that must be disclosed, and a person having aids is not a material fact, whether or not it would be applicable in this situation.

c. i’m sorry, but i am not permitted to answer this question, as it could be a potential civil rights violation, under the federal and state fair housing laws.

Explanation:

In the given instance the buyer if the property is asking if the previous tenant had AIDS and wants to use this information in the purchasing process. This is illegal and could result in legal action due to civil rights violation. Discrimination is not allowed in deciding to do business with another party, and the buyer is trying to discriminate on the grounds that the previous owner had AIDS.

Also in disclosing relevant information, wether the previous owner had AIDS is irrelevant to the sale of the house as it does not affect the quality of the house.

Answer:

C) not a primary purchaser of Treasury securities but an active participant in the secondary market for these securities.

Explanation:

The federal reserve is a government body that is tasked with controlling liquidity in the economy by use of various tools like interest rate and issuance of securities.

Treasury securities are a tool for controlling economic liquidity by mopping up excess cash.

The federal reserve is not a primary purchaser of treasury securities as it does not bid for shares it issues at weekly auctions. Primary traders are the ones that buy at weekly auctions.

However in the secondary market the federal reserve trades in treasury securities to control credit and liquidity.

Answer: True

Explanation:

Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.

This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.

The proliferation of mobile money technology in Kenya and Somaliland, exemplified by the widespread use of the Mpesa app and the rise of mobile purchasing on Jumia, supports the claim that their use of mobile money exceeds that in Western nations, making the statement true.

The statement that technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on a population percentage basis, exceeds any nation in the West, is True. In Kenya, the use of the Mpesa app for transactions such as paying bills, shopping in stores, and taking taxis has enabled people to leapfrog traditional banking systems. This mobile money system is also used for internet sales on platforms like Jumia and by overseas workers to transfer money back home more affordably. Furthermore, the increased access to mobile technology in Sub-Saharan Africa, as highlighted by a fivefold increase in mobile phone access, has enabled benefits ranging from improved market access for fishers and farmers to secure money transfers among individuals.

"Two advantages of decentralization are that (1) managers are encouraged to not solve their own problems, but rather to ask for assistance as soon as possible, and (2) decisions are made more slowly because they are discussed at a higher level of management" is TRUE.

Explanation:

Decentralization is purely a matter of splitting management work and assigning similar tasks to the different executive competences. Put structured effort into delegating all authority to the lowest levels, excluding that which can only be practiced at the major points.

Advantages:

Disadvantages:

Answer:

The total asset are increased by $140,000

Explanation:

As we know that:

Assets = Equity + Liabilities

So if Equity is increased by $45,000 and liabilities are increase by $95,000, then by putting the values in the above equation we have:

Assets = $45,000 + $95,000 = $140,000

The total assets are increased by $140,000 due to the changes in the liabilities and equity changes.

Answer: differentiation strategy

Explanation: Differentiation strategy is an approach that a business takes to develop a product or service that customers will find unique and better than other distinctive products or services offered by competitors. Differentiation strategy simply means a unique way for a business to distinct itself from the competition.

Every fast food hamburger restaurant chain wants the customers to believe their product is the best because it is stored or prepared uniquely.

Answer:

Explanation:

As per the

When an asset is reclassified from available for sale to amortized cost fair value on  the date of reclassification becomes the new carrying amount of the financial asset.  However, the cumulative gain  or loss previously recognised in other comprehensive income is removed  from equity and adjusted against the fair value of the financial asset at  the reclassification date. this will not affect the profit and loss of the entity.). The effective interest rate  and the measurement of expected credit losses are not adjusted as a

result of the reclassification

Investment Carrying Amount  AFS  =             530000

Fair Value                                          =             490000

                                                                           40000

proposed entries

OCI         40000

    investment AFS  40000

investment at amortization cost   490000

           investment at available for sale      490000

Answer:

$148,665

Explanation:

This could be calculated by finding the amount that the buyer will which includes 14% + 1% = 15%

So this means that the payment made is:

Payment made = $174,900 X 15% = $26,235

The remainder amount will be borrowed from the bank and is equal to the difference of 15% and the total amount.

Amount that would be borrowed = $174,900 - $26,235 = $148,665

Answer:

The correct answer is D. raise the income of capital owners

Explanation:

Stockholders' equity includes the accumulated profits of the company and the amount of capital invested by its shareholders in exchange for shares of its common and preferred shares. When there is an increase in the income or capital of a company, the overall result is an increase in the balance of the company's equity. Net worth can increase the sale of capital shares, increasing the company's income and decreasing its operating expenses.

A company can plan the exact amount of the increase in stockholders' equity, as in the case of an issue of common and preferred shares at a set price. This change differs from an increase that can occur to equity, as a result of net income, while the company plans to make a profit from operations, its real net income is only known after the fiscal year has ended.

When a company issues common and preferred shares, the shareholder's equity section of the balance sheet increases in the share price of the shares. The nominal value can be shown as a separate item from the additional paid capital on the shares or the balance can be totaled on the same line. A company can increase the accounting capital by issuing capital shares to pay off its debts and reduce interest costs.

Answer:

The exchange rate in effect as of the balance sheet date.

Explanation:

Here some important points to consider while translating a foreign subsidiary's financial statements

Answer:

The correct option is self-directed work groups and virtual teams

Explanation:

This question takes a look at post-bereaucratic organization(PBO),which is form of organization that differs from multi-divisional or multi-functional structure, where emphasis is laid on hierarchy and loyalty to superiors.

Self-directed work groups and virtual teams are a way to break the barriers that teams must be based in the same location and operate at the same time

With aid of advancement in information technology , far flung individuals can collaborate on issues of common interest, clear and mutual goals.

The team can only meetings via Skype for business and still ensure they deliver at the optimum level

Final answer:

New cereal product development teams involve diverse team members including product development and upper management, working towards a flattened management hierarchy and leveraging self-directed work groups for increased efficiency and productivity.

Explanation:

The development of new cereal products often involves collaboration between team members with various expertise including product development, engineering, production, purchasing, quality, regulatory, marketing, sales, and upper management. Teams may span multiple geographical locations and work in a manner that reduces hierarchical constraints, promoting a flattened management hierarchy. This encourages self-direction and empowers teams to be more proactive in their roles, thus benefiting from the collective intelligence and capabilities of its members.

As organizations strive for efficiency and productivity, the adoption of self-directed work groups and virtual teams has become increasingly prevalent. These teams can hire talent from a diverse pool, tap into different geographic regions, and measure success based on deliverables rather than traditional oversight methods. A reference to large companies such as the Miller Brewing Company and Texas Instruments Inc. highlights the significant improvements in productivity and quality that can be achieved with this team-based approach.

Answer:

4. debit supplies expense, $3,500; credit supplies, $3,500.

Explanation:

Assuming there is no opening inventory of supplies. So the purchases mad is the only inventory which is in stock during the Month of June. Stock has been used during the month and at the end of the month it remains only $3,000.

Using following Formula we will calculate the supplies Expense.

Ending Inventory of supplies = Opening Inventory of supplies + Purchases - supplies Expensed in the period

$3,000 = $0+ $6,500 - Supplies Expensed in the period

$3,000 = $6,500 - Supplies Expensed in the period

$6,500 - $3,000 = Supplies Expensed in the period

Supplies Expensed in the period = $3,500

So, the entry will be

Debit supplies expense   $3,500

Credit supplies                 $3,500

Answer:

B) $200 million

Explanation:

Since Acme's risk manager is concerned about the damage which could be caused by a single hurricane and he believes there is an extremely low probability that a single hurricane could destroy two or all three plants because they are located so far apart.

Extremely low probability implies NO probability for two or three plants, hence, no likelihood exists

The probable maximum loss associated with a single hurricane is the total cost of 1 plant  - $200 million, assuming 100% probability

According to  Theory X, the typical perspective held by managers is that employees dislike work, must be monitored, and can be motivated only with rewards and punishment.

A psychologist named Douglas McGregor was the one who developed the concepts of Theory X and Theory Y .These includes a set of assumptions that are considered by the mangers to judge about the people. The assumptions like, dislike, unwillingness in working and little ambition are included in Theory X.

Theory X also have assumptions that employees are lazy, will be doing any of the things for the purpose of avoiding work and also will be unmotivated.In contrast to it, Theory Y assumes that the employees will be happy in working, and also will like to have additional duties without forcing them to do.

Final answer:

Douglas McGregor's Theory X describes a management perspective where employees are considered lazy and motivated only by rewards and punishment, leading to a rigid work environment. Contrastingly, Theory Y offers a positive view, suggesting that employees are inherently motivated and thrive when given more responsibility.

Explanation:

According to Douglas McGregor, the typical perspective held by managers that employees are inherently lazy and must be motivated by rewards and punishment is encapsulated in Theory X. This conventional management approach is built upon assumptions that employees dislike work, shirk responsibility, and require strict supervision as well as enticement through 'carrots and sticks' to perform adequately. Theory X managers tend to create rigid, control-based environments that heavily depend on external motivation to drive employee performance.

In contrast to Theory X, McGregor also introduced Theory Y, which holds a more optimistic view of employee motivation and behavior. Theory Y suggests that employees are naturally motivated, seek responsibility, and the job of the manager is to cultivate an environment which allows individuals to recognize and fulfill their own potentials.

Answer:

NNP; GNP hope this helps ;)

IT SHOULD BE RIGHT :0

Answer:

A) Her salary after the raise is $1560 /month

B) 4% a month

Explanation:

(a)

A woman was making salary / month = $1500

Reduced % in salary = 20%

Reduced amount in salary/month = $1500 x 20% = $300 /month

Salary after reduced amount  = $1500 - $300 = $1200 /month

A year later after a dramatic improvement in sales, increment % in salary

= 30% over reduced salary

= 1200 x (30/100) ==> $360 /month

Salary after increment = $1200 + $360 ==> $1560 /month

∴ the salary after raise is $1560 /month

(b)

starting salary = $1500 /month

Salary increment = $1560 - $1500 =$60 /month

%change =  (Salary Increment / starting salary) x 100

               = (60/1500) x 100

               = 4% a month

After a 20% salary reduction and a subsequent 30% raise, the woman's new salary is $1560 per month, which is a 4% increment from original salary of $1500.

The woman's salary after the 20% reduction would be $1200 per month (this being 80% of her initial salary). A 30% increment on the reduced $1200 salary would result in a new salary of $1200 + 30% of $1200 = $1560 per month. To find the percentage change from original salary of $1500, we calculate the difference between the new and original salaries, divide by the original, then multiply by 100. This equals to ($1560-$1500)/$1500 x 100 = 4%. So, the salary after raise has a 4% increment from the original salary.

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Answer:Please Refer to the explanation section

Explanation:

The question has insufficient information, we are supposed to be studying the diagram to determine outlier countries with poorest international shipping logistics. i have consulted the International Shipping Logistic performance  index 2018 to find poorest countries in terms of international shipping logistics. according to the world bank countries like Zimbabwe, Lesotho , Syrian Arab Leon , Sierra Leon and Niger are some of the poorest countries when incomes to international shipping

Challenges Faced by these countries.

Countries like Zimbabwe , Niger and Lesotho face great challenges in international shipping logistics because they are land locked. any Political instabilities in the neighbouring countries affect they logistics businesses directly because the need entry to other countries to transport goods

Countries like Syrian Arab Republic, Somalia and Sierra Leon suffer from Political instability which makes it difficult for the to trade with other countries.

World trade has expanded greatly due to the advancements in transportation, like shipping containerization that reduces costs, and lowered trade barriers.

The rise in world trade since the 1980s can be attributed to two main factors. The first one is the advances in transportation and communication, which significantly brought down the costs of moving goods globally. This growth began when the development of shipping containerization in 1956 led to a dramatic reduction in shipment costs, streamlining the transfer of cargo from land to sea transport.

The second factor behind the rise of trade is the reduction of government-imposed trade barriers, like tariffs and quotas, along with the advent of technology in communication, and information management. These factors have collectively enhanced the ease of long-distance economic connections, lowered costs, and driven globalization. It's also been facilitated by international agreements and treaties which have promoted increasingly liberalized trade across nations.

Although the exact countries that are outliers in terms of poor international shipping logistics were not provided, challenges these countries face can include inadequate infrastructure, inefficient customs operations, and political instability, which can all hinder the ability to take part in global trade efficiently.

Answer:

True

Explanation:

A retention of title clause within a contract of sale essentially means that ownership remains with the supplier, until full payment for the goods has been received. That is the seller of a particular product still holds full custody of his goods until the buyer fully pays for the goods.

Answer:

General agent

Explanation:

A general agent is a person that the principal authorises to perform transactions in relation to a part business on a certain place.

A general agent can perform all acts in relation to a business that has been assigned by the principal. For example in real estate when an agent performs property management functions for his client he is acting as a general agent.

On the other hand a special agent is one that is employed by a principal to perform a specific task or job and his scope of responsibility is limited to that job function.

Answer:

Option C; COMPUTER-AIDED ENGINEERING SYSTEM (CAE)

Explanation:

Computer-aided engineering system (CAE) is the broad usage of computer software to aid in engineering analysis tasks. It is the use of computer software to simulate performance in order to improve product designs or assist in the resolution of engineering problems for a wide range or industries.

A typical CAE comprises of preprocessing solving and postprocessing steps.

CAE is the next step in not only designing a product, but also supporting the engineering process as it allows to perform tests and simulations of the product's physical properties without needing a physical prototype.

Therefore, Valuetronics is using COMPUTER-AIDED ENGINEERING SYSTEM (CAE).

Answer:

Richard's claim against Dun for libel were considered valid by the court since Dun's letter was made only with the intent of hurting Richard. Dun knew that by writing that letter to the union and other construction companies, it would be extremely difficult for Richard to find a new job. The sole intention of the letter was to hurt Richard, not to warn others about Richard's poor driving abilities.

Explanation:

Answer:

Quality management system.

Explanation:

Quality management system is defined as a set of processes bthatbare carried out with the aim of ensuring services satisfy the customer. It involves organisational goals, processes, documented information, and resources needed to implement quality management.

QMS ensures continous improvement of organisation's processes, products, workflow, and culture in the bud to satisfy the customer.