Enterprise Resource Planning will be vital to John Legend as it can be used to manage his inventories and other activities in his business.
It should be noted that Enterprise Resource Planning is important as it manages and integrates the business processes by using a single system. This will be important for John to manage his business.
Also, Blockchain can also help John in becoming more cost-efficient and enhance the faster delivery of products and also vital for enhancing the traceability of the product.
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Many characteristics of work teams can also be seen in sports teams. Although sports teams—especially professional sports teams—often differ from work teams in important ways, they can be helpful for illustrating the key features that contribute to a team’s success.
Patrick works for a large technology company that sponsors an intramural soccer league. Patrick has been on a soccer team with the other software engineers for his product for several years, and they are very good. Team members rarely miss practices and never miss games, they know each other’s strengths and weaknesses on the field, and they play together so well that they have won the company championship 2 years in a row. When the team was first formed, however, the players did not seem very committed, team cohesion was not very good, and the team took a very long time to decide on which plays and strategies to use. After making a change midway through the first season that led to increased cohesion, team performance improved dramatically.
1. What stage of development is Patrick’s soccer team in currently?
a. Preforming
b. Storming
c. Forming
d. Norming
2. If a team leader wanted to help a team such as Patrick’s get through the performing stage of team development, he or she should take which of the following actions?
CHECK ALL THAT APPLY
- Encourage constructive conflict between members of the team.
- Coordinate team roles and activities.
- Help the team make effective decisions.
- Help the team establish clear rules for team member behaviors.
Answer:
1. Preforming
2. A and C
Answer:
1. What stage of development is Patrick’s soccer team in currently?
a. preforming
2. If a team leader wanted to help a team such as Patrick’s get through the performing stage of team development, he or she should take which of the following actions?
✔ Encourage constructive conflict between members of the team.
✘ Coordinate team roles and activities.
✔ Help the team make effective decisions.
✘ Help the team establish clear rules for team member behaviors.
Schweigert Paint Company, which prepares annual financial statements, is preparing adjusting entries on December 31. Analysis indicates the following:
(1.) The company is the defendant in an employee discrimination lawsuit involving $50,000 of damages. Legal counsel believes it is unlikely that the company will have to pay any damages.
(2.) December 31st is a Friday. The employees of the company have been paid on Monday, December 27th for the previous week which ended on Friday, December 24th. The company employs 30 people who earn $100 per day and 15 people who earn $160 per day. All employees work 5-day weeks.
(3.) The company is a defendant in a $500,000 product liability lawsuit. Legal counsel believes the company probably will have to pay the amount requested.
Prepare any adjusting entries necessary at the end of the year.
The Adjusting Journal Entries that Schweigert Paint Company will make in its records include the following:
Adjusting Journal Entries on December 31:
1. No Journal Entry Required
2. Debit Wages Expense $27,000
Credit Wages Payable $27,000
To accrue unpaid wages for one week to December 31.3. Debit Product Liability Expenses $500,000
Credit Product Liability Payable $500,000
To record the product liability expense.Data Analysis:
1. No Journal Entry Required
2. Wages Expense $27,000 Wages Payable $27,000. ($100 x 30 x 5) + ($160 x 15 x 5)
3. Product Liability Expenses $500,000 Product Liability Payable $500,000
Thus, the adjusting entries as of December 31 do not include transaction 1.
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Sales Transactions and T Accounts Using T accounts for Cash, Accounts Receivable, Sales Tax Payable, Sales, Sales Returns and Allowances, and Sales Discounts, enter the following sales transactions. 1. No sales tax. (a) Merchandise is sold for $320 cash. (b) Merchandise is sold on account for $385. (c) Payment is received for merchandise sold on account.
Answer:
Payment id received for merchanise sold on account
Pat Jones is a college student who is planning some networking opportunities for the current l semester. Pat wanted to look
professional for these events and felt a new suit would be a real benefit; however, the cost for the first event ended up being $75 which was a strain on the budget. Pat did not want to attend the remaining three events in the same outfit, so a new strategy was developed. Instead of paying for new suits in cash, Pat decided to charge the suits on a credit card, wear them to the events, and then return them the next day for full credit.
1. Do you feel Pat's new strategy is ethical? Why or why not? Could there be any consequences with this strategy?
2. How will this new strategy impact the company/companies where the suits are purchased?
3. What journal entry/entries would the company have to record related to the return of the suit?
Answer:
1. I feel like Pat's new strategy isn't ethical. Pat doesn't pay for the suits; he just buys them and then returns them. Pat benefits, but the store he gets the suits from doesn't. In fact, they are harmed from this transaction because they are unable to have the suit for others to buy while Pat has it. There could be consequences with this strategy. For example, the suit might be damaged, and Pat won't be able to return it. Another problem is that others might find out about Pat's strategy, and they might view them as unprofessional. This is a problem for Pat since the reason Pat wore those suits was to look professional.
2. The stores are harmed from this transaction. They are unable to sell the suits to other buyers. The stores lose potential customers, so the stores lose potential money.
3. The companies should record that Pat had bought the suit only to return it the next day, so that they can act accordingly when Pat or someone else comes back to "buy" a suit.
Explanation:
Lopez Company is considering replacing one of its old manufacturing machines. The old machine has a book value of $47,000 and a remaining useful life of five years. It can be sold now for $57,000. Variable manufacturing costs are $47,000 per year for this old machine. Information on two alternative replacement machines follows. The expected useful life of each replacement machine is five years.
Machine A Machine B
Purchase price$ 118,000$ 131,000
Variable manufacturing costs per year21,000 14,000
(a) Compute the income increase or decrease from replacing the old machine with Machine A.
(b) Compute the income increase or decrease from replacing the old machine with Machine B.
(c) Should Lopez keep or replace its old machine
a) The income increase from replacing the old machine with Machine A is $21,800 ($56,400 - $44,600 + $10,000).
b) The income increase from replacing the old machine with Machine B is $26,200 ($56,400 - $40,200 + $10,000).
c) The Lopez Company should replace its old machine, preferably with Machine B.
Data and Calculations:
Current selling price =$57,000
Gain from the sale of old machine = $10,000 ($57,000 - $47,000)
Old Machine Machine A Machine B
Book value $47,000
Purchase price $118,000 $131,000
Variable manufacturing costs 47,000 21,000 14,000
Estimated remaining useful life 5 years 5 years 5 years
Fixed costs per year $9,400 $23,600 $26,200
Total costs (variable + fixed) $56,400 $44,600 $40,200
Comparative income increase $0 $11,800 $16,200
Total income increase $0 $21,800 $26,200 ($16,200 + $10,000)
Thus, it is economically better for Lopez to sell its old machine, replacing it with Machine B, which reduces the total costs per year.
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Each of the following solutions were developed to lessen an asymmetric information problem. Sort each solution into the problem it aimed to address.
a. a health screening to determine acceptance into a health insurance plan.
b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.
c. a video monitoring system in your home while your babysitter is there.
d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.
1. Adverse selection
2. Principal-agent
The following are solutions to adverse selection:
a. a health screening to determine acceptance into a health insurance plan.
b. a telematic device in a prospective car insurance customer's vehicle that tracks driving behavior.
The following are solutions to principal-agent problem:
c. a video monitoring system in your home while your babysitter is there.
d. a company requirement that the chief executive officer hold at least five times their annual salary in company stock.
Asymmetric information is when one of the parties in a transaction has more information than the other parties in the transaction.
Adverse selection is an effect of asymmetric information. This is when the party with more information takes steps to their advantage to the detriment of other parties. The principal-agent problem occurs when the interests of a public company's managers and shareholders are not aligned.
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The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must protect a legitimate business purpose, must not impose an undue burden on the employee, and must be otherwise reasonable.
Required:
Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain
Answer:
The issue of the enforceability of covenants not to compete is typically a matter of state common law (so enforceability varies state-by-state based on case-by-case court decisions). In general, for a covenant not to compete to be enforceable, the restraints (time restrictions, territory restrictions, scope of activity restrictions) must ...
Do you believe that the restraints in this covenant not to compete ("Restrictive Covenant") should be enforceable? Why or why not? Explain
Explanation:
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Answer:
Hi there what is your question
hope you have an awesome day
Explanation:
In a year in which common stocks offered an average return of 12% and Treasury bills offered 3%. The risk premium for common stocks was:
Considering the information given, the Risk premium on stock is 9%.
Given Information
Expected return on market = 12%
Risk free rate = 3%
The formula for Risk premium on stock is {Expected return on market - Risk free rate}Risk premium on stock = 12% - 3%
Risk premium on stock = 9%
Hence, the Risk premium on stock is 9%.
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Select the BEST answer choice.
The U.S government is involved in the country's economic well-being. For example, the government produces and purchases goods and services. Which of the following is a real example of the government producing or purchasing goods and services to affect the economy?
A - A state government setting a sin tax on unhealthy, sugary cereal.
B - The Federal Trade Commission setting policy on advertising to children.
C - A lottery whose proceeds benefit the elderly.
D - A monopoly being broken up into smaller companies.
Answer:
Hi How may I help?
Explanation:
HOMEWORK HELP
OOH is an acronym for the
published by the U. S. Bureau of Labor Statistics?
A: Occupational Outreach Handbook
B: Outlook/Outreach Handbook
C: Occupational Outlook Handbook
D: Open Occupation Handbook
Answer:
C) Occupational Outlook Handbook
Explanation:
If insurance companies are required to offer coverage to all interested people, it is said that premiums for each person will be increased. Assume that the insurance market is perfectly competitive. What is the major reason for raising the premium
Answer:
to make sure that your company gets the upper hand and to make more money off of your premium then what the other companies are making
Explanation:
he balance sheet for Crutcher Corporation reported 220,000 shares outstanding, 320,000 shares authorized, and 22,000 shares in treasury stock. Compute the maximum number of new shares that Crutcher could issue.
Based on the information given the maximum number of new shares that Crutcher could issue is 78,000 shares.
First step is to calculate Issued share using this formula
Issues shares=Outstanding shares + Treasury stock shares
Let p[lug in the formula
Total authorized shares=220,000+22,000
Total authorized shares=242,000 shares
Second step is to calculate the maximum number of new shares using this formula
Maximum number of new shares =Authorized shares- Issued shares
Let plug in the formula
Maximum number of new shares=320,000-242,000
Maximum number of new shares =78,000 shares
Inconclusion the maximum number of new shares that Crutcher could issue is 78,000 shares.
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membe is trying to get his financial records organized. He has several monthly credit card statements. Where is the MOST logical place for Namembe to store these records?
A. a paid storage facility
B. a home file
C. a computer file
D. a safe deposit box
The most logical place to store financial records is a computer file.
Each provided solution is useful to store one's records and personal data but there are merits and demerits to them.
Such as, a home file is a place to store data and it is easily accessible. However, it would be difficult to organize data at a home file and would also be time-consuming. Moreover, only limited data can be kept stored, as over time more space would be required so old data would be discarded.
In the case of a safe deposit box, which is also a secure place to store, the main issue is that it would be costly in comparison to the other options.
The computer file is easy to maintain and financial records can be kept well organized without the need to delete old data, as it hardly consumes any storage. And it would be less costly in comparison to the safe deposit box.
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Answer:
B. a home file
Explanation:
I took the quiz and this was the correct answer.
Why was the system of checks and balances included in the Constitution?
a to keep the President of the United States from vetoing legislation
b to slow down the process of government so it doesn't move too fast
c to prevent one branch of the government from becoming too powerful
Answer:
C to prevent one branch of the government from becoming too powerful
Which best describes the economic impact of defaulting on bank loans?
The economy suffers because banks have less money to loan to others.
The economy suffers because people have less money to spend.
The economy suffers because businesses are scared to take out loans.
The economy suffers because people are scared to take out loans.
Answer:
The answer is A.
Explanation:
The economy suffers because banks have less money to loan to others.
The economic impact of defaulting on bank loans is that the economy suffers because banks have less money to loan to others.
What is effect of defaulting on bank loans?If a bank gives loan to people and they refuse to pay back, there won't be enough money to lend other customers.
Therefore, option A is correct because, economy suffers because banks have less money to loan to others.
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During 2019 Pulseflow had Cash Paid for Inventory of $25,000 and they purchased equipment costing $5,000 and furniture costing $10,000. What would their Net Cash Used by Investing Activities be
The net cash used by investing activities by Pulseflow Corporation is $15,000.
Data and Calculations:
Operating Activities:
Inventory = $25,000
Investing Activities:
Equipment = $5,000
Furniture = $10,000
The Investing Activities included the purchase of equipment and furniture.
Thus, the net cash used by investing activities is $15,000 ($5,000 + $10,000).
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To encourage employees to work the extra hours needed to get a start-up company off the ground, the CEO offered to institute a profit sharing program for everyone. Which condition that contributes to high performance is most demonstrated at this company
Answer:
can i have a choise
Explanation:
thanks
Leaders regularly communicate with subordinates to provide them instructions on the tasks that need to be completed in a high-performance workplace.Leaders reduce distractions and free team members to concentrate on their jobs by finding rapid solutions to issues.
What is a key element of high performance work systems?
This article's main objective is to outline the essential components of HPWS and show how, in the knowledge, wisdom, and information-based economy of today, forging partnerships with workers makes business sense for employers.Business professionals may be able to avoid mistakes that "conventional wisdom" can lead to and that are increasingly recognized as the root of much organizational dysfunction and decline by understanding the findings of recent research about this high trust and high empowerment management philosophy.The HPWS systems place a strong emphasis on employee involvement and show a dedication to developing an organizational culture that values commitment above control.The cultures of high performance businesses also place a strong emphasis on the pursuit of excellence and demand that employees possess a high level of qualification, competence, and improvement-oriented behavior. Management specialists have studied HPWS in depth and have discovered common management techniques that boost organizational performance and foster competitive advantage.The seven human resource techniques listed below are intended to increase revenues by involving workers as full owners and collaborators in an organization's success.Seven High Performance Work System Practices (HPWS)Security for Employees, Selected Hiring, Decentralized Decision-Making, etc.High Compensation Based on Results.Training through Commitment.Status barriers are lessened.sharing important data. Each employee's and work group's accomplishments in a high-performance work system add to the system's overall high performance.Since ethical behavior mostly benefits short-term relationships with employees but is unsustainable over time, it is an optional requirement for great performance.
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#SPJ2
Select the BEST answer choice.
Read the following scenario and identify the way in which the government is demonstrating economic involvement. Sam's Super Healthy Candy is going out of business after the government severely fined the company for failing to inform consumers about the added sugar in the company's products.
Group of answer choices
Maintains competition
Produces goods and services
Provides welfare services
Manages regulatory programs
Government can demonstrate its economic involvement by d. manages regulatory programs.
According to the regulation on consumer services, Sam's Super Healthy Candy must inform consumers about the added sugar in its products. For failing to do this, the government severely fined the company. In this way, the government shows that it is involved in the economy through its regulatory activities.
The government does not show its economic involvement by only maintaining competition, producing goods and services, or providing welfare services.
Thus, the government demonstrates its economic involvement by regulating the activities of commercial entities.
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Fire Chief McGuire could see the problem from a mile away. Flames were leaping out of the old barn, blown by a west wind. Arriving at the scene, he noticed a young firefighter heading toward the back of the building. The fire chief yelled, “Stop!” but the rookie kept going. McGuire knew that the kid was putting his life in danger by going out of sight. There was no time to waste.
The __________________________ conflict-handling technique is most appropriate in this situation.
a. compromising
b. collaborating
c. dominating
d. accommodating
e. avoiding
Answer:
c. dominating
Explanation:
The dominating conflict-handling technique is most appropriate in this situation.
as a project manager for a large construction company, Shaun decided to make the performance appraisal process as painless as possible for his crew. he spent a considerable amount of time creating performance standards he felt were reasonable, and after six months' time, he scheduled individual appointments with each worker to discuss strengths and weaknesses and areas that needed improvement according to the standards he privately set. some employees were sent to vestibule training, and one even got a promotion with additional compensation. what did he fail to do correctly?
1, communicate the performance standards to the employees so they know what is expected
2, copy the HR department on all the results, within 24 hours of each appraisal
3, dismiss at least 10% of the work crew.
4, provide a pleasant environment for the appraisal such as a restaurant setting.
Answer:
he failed to communicate expected performance standards to the employees
Explanation:
this is because the employees could have continued with their current performance instead of changing it to adapt to the expected situation
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Your company repairs household appliances such as microwaves, dishwashers, and clothes dryers. Your manager, Naomi, is excited about the potential for social media to drive organizational performance. She is considering a number of possible projects, and she asks your advice about how to use social media appropriately.
Which of the following could be a good social media initiative for our company?
a. Use Twitter to post news of product recalls and safety tips for customers, such as the importance of getting safety checks for furnaces and water heaters each fall.
b. Start an internal company blog to post news about impending layoffs and merger discussions.
Answer:
a. Use Twitter to post news of product recalls and safety tips for customers, such as the importance of getting safety checks for furnaces and water heaters each fall.
Explanation:
Using Twitter to keep people up-to-date on important information would be an excellent way to demonstrate expertise and build brand loyalty with customers and potential customers. Imagine tweeting that a popular dishwasher model has been recalled because it may start fires—a lot of people would probably retweet that to alert their friends.
Information about possible layoffs and a merger is sensitive because these changes will affect people’s livelihoods. This information is best communicated via a richer channel than a blog. The sender and receiver should have the opportunity to use and observe body language, and communications should be more personally directed.
Imagine being an advisor to Hank Harris. What would you suggest should be Seller's Lab competitive strategy going forward
Seller's lab can use either the cost leadership, cost focus, differentiation leadership, or differentiation focus strategy depending on the situation of the company.
A competitive strategy is a defined plan that allows a company to:
Increase its profits.Have an advantage over competitors.Adress customers' needs.In marketing, four main strategies can be used depending on the situation and objectives of each company
Cost leadership strategy: The purpose of this strategy is to have lower costs than similar companies, which increases profit.Cost focus: This strategy aims at reducing costs to increase profit.Differentiation leadership: This strategy aims at making the company's products unique in comparison to similar companies.Differentiation focus: This strategy focuses on adding special characteristics to products, which can influence customers' loyalty.Note: This question is incomplete because there is no information about Seller's lab. Due to this, I answered it based on general knowledge.
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A stock is currently selling for $80 per share. You could purchase a call with a strike price of $76 for $9. You could purchase a put with a strike price of $76 for $3. Calculate the intrinsic value of the call option.
Answer:
76
Explanation:
ther cell is god
Fiat money is generally issued by A. central banks. B. private banks. C. major multinational corporations. D. brokerage firms.
Fiat money is generally issued by central banks. The answer to this question is option A.
Fiat money can be described as the currency that is issued by the government of a country. The Fiat is not a currency that is backed by gold.
The central bank of the country is the body that is responsible for this currency.
The fiat is important to the economy because it gives the federal government of the nation a better control over what is printed in the economy as money.
Paper money such as the US dollar is an example of a fiat currency.
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At high price levels, demand tends to be ________ and the price effect is ________, relative to the output effect.
Bramble University sells 3,500 season basketball tickets at $80 each for its 10-game home schedule. Bramble considers revenue to be earned proportionately as each game is played, regardless of how many ticket-holders attend the game. For the journal entries below, use the following account abbreviations: REV
If Bramble earned proportionately as each game is played, the appropriate journal entry are:
Based on the information given if the university sells 3,500 season basketball tickets at $80 each game, the appropriate journal entry to record the transaction is:
Bramble University journal entry
Debit Cash $280,000
Credit Unearned ticket revenue $280,000
(3,500 x $80 =$280,000)
(To record sales of ticket)
Debit Unearned ticket revenue $28,000
Credit Ticket revenue $28,000
(3,500 x $80)/10=$28,000)
(To record revenue recognized)
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List five kinds of harm that could occur to your own personal computer. Estimate the likelihood of each, expressed in number of times per year (number of times could be a fraction, for example, 1/2 means could be expected to happen once every two years). Estimate the monetary loss that would occur from that harm. Compute the expected annual loss from these kinds of harm.
The most frequent damages in computers are: Blue screen, Ram problems, continuous shutdown, slow performance, and virus infection.
Blue screen. It is estimated that it can happen 1/2 per year. It is one of the most common computer problems. Generally, it indicates a serious problem, which may be hardware or driver related, so the repair value is high, about $ 50.
RAM problems. It is estimated that it can happen 2/4 per year. It is a problem that is caused by misconfiguration, or a RAM slot is not fitting correctly, which causes it to not work. Its repair is worth about $ 25.
The computer shuts down by itself or restarts itself. It is estimated that it can happen 12/20 times per year. This damage is caused by lack of maintenance in the hardware or problems with the software. For example, if there is dust accumulated on the fans, this obstructs the air and does not allow the computer to cool properly, causing it to shut down. Your repair is worth about $ 50.
Slow performance. It is estimated that it can happen 45/50 times per year. This damage is caused by different factors. However, the most common is the lack of maintenance. Your repair costs about $ 15.
Computer infected with viruses. It is estimated that it can happen 6/10 in a year. Viruses are a type of software that can harm your computer and related systems. Your repair costs about $ 20.
According to the above, the total estimated cost per year for the computer fix is $ 160.
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A system that collects and stores the company's key data and produces the information needed by managers for analysis, control, and decision making is called a(n):
A system that collects and stores the company's key data and produces the information needed by managers is called information system.
Information system is a system that help to store, record and process large amount of information so as to made available useful information when needed by users.
Information system is important as it help to produce data when needed during decision making process as companies or organizations can easily extract the store information so as to make better decision.
Most companies make use of information system to plan and to improve the day to day running of their business operation.
Inconclusion a system that collects and stores the company's key data and produces the information needed by managers is called information system.
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The ……………. refers to something being put into the system. This is transformed by the organisation (or parts of it) through an activity or function of the organisation.
Answer:
any options ?
Explanation:
any options ?