Answer:
Deprecation base=$26,300
Explanation:
Given Data:
Cost of machine=$28,000
Tax=$125
Fees=$200
Shipping charges=$500
Paid to contractor to build and wire a platform for the machine=$475
Salvage value=$3000
Useful life = 6 years
Required:
Depreciation base of Cominsky's new machine=?
Solution:
Deprecation base=Acquisition Cost-Salvage Value
Acquisition Cost:
It is the cost which involves the buying of asset and making the asset to work. In our case:
Acquisition Cost=Cost of machine+Tax+Fees+Shipping charges+Paid to contractor to build and wire a platform for the machine
Acquisition Cost=$28,000+$125+$200+$500+$475
Acquisition Cost=$29300
Deprecation base=Acquisition Cost-Salvage Value
Deprecation base=$29300-$3000
Deprecation base=$26,300
Answer:
The bullwhip effect happens when retailers or other members of the supply chain overestimate a sudden increase in demand, and this causes a chain reaction in all the other participants of the supply chain that start requesting higher quantities of goods or materials for production. E.g. the fidget spinner was a very popular fad and its producers probably didn't anticipate how large the demand would be. Once the product became extremely popular, everyone wanted to sell fidget spinners. This caused an increase in the order quantities of all the supply chain. Once the fad faded out, all this momentum stopped and many stores, distributors, wholesalers, and even factories were left with huge unsold stocks of fidget spinners.
When the supply chain is well coordinated, there is little chance for some retailers or distributors to over react and want more product just in case. If your supply is guaranteed, then it would take some extraordinary increase in demand to make you want to increase your purchase orders. But if your supply chain is not well coordinated, you might fear that you will lose a lot of sales and other competitors will make them. Then you get anxious and start ordering large quantities.
Explanation:
Persuasive message:
- Cordial, positive communication, with a focus on negotiation and openness to receiving proposals and feedbacks.
- Indirect approach, with a focus on explaining the advantages and benefits of the public to perform the expected action such as performing a specific task or concluding a sale.
Deliver bad news in business:
- Be transparent and communicate all the reasons that led the organization to face the bad news that is being communicated, maintaining a realistic but positive approach to maintain the sense of unity and overcoming of employees.
- Using an indirect approach so that bad news has less impact on the audience, for this the communication is made using soothing words and the news is in fact only given at the end of the message when explanations of the reasons for the fact are explained which increases the employees' sense of understanding.
Answer:
See explanation below.
Explanation:
1. Equity: the value of a property above any loans that are owed.
2. Lease: a payment in a series that is made over a long period of time installment, to buy something on credit.
3. Finance: a legal agreement to borrow money for the purchase of a home.
4. Mortgage: a legal agreement allowing a person to use a car or property for a payment.
Lee lives in a nation that has a worldview that values subordination of the individual to the goals of the group. Lee's country also follows the principle that people should be judged by their contribution to the group. Lee's country is collectivism.
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Explanation:</u></h3>
The principle that gives importance and priority to the group rather than the individuals is called as collectivism. It gives importance to the group for instance a family rather an individual in that family. For instance consider the activity of a child who has been brought up in a collectivist society.
He will have the tendency to take care of the parents who are older and when they are not feeling well instead of taking care of themselves. In the given example, the country in which LEE lives is giving priority to the group and thus Lee's country is collectivism.
