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3 years ago

Why is it important to set goals and share them with others

1 answer:

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I wouldn't suggest verbally sharing your goals; it creates a sense of having to do it since you've committed publicly to your goal. But if it's to one or two people then it may give you the chance to brainstorm or help you increase your likely hood of completing that goal. Hope this helps!! :)

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Which of the following is NOT a risk of exporting? Select one: a. Delegation of marketing activities to a local agent b. Locatio

Sholpan [36]

Answer:

E. High manufacturing cost

Explanation:

Export involves the sales of goods and services to another country. It is part of the international trade whereby goods produced in a country are sold to other countries. Just like all business activities, there are risk involved. Risk of exporting is the likelihood that there will be a loss in the sales of goods and services to another country. Various risk factors includes tariff barriers, cost of transportation and so on.

However, high manufacturing cost is not a risk of exporting. High manufacturing cost is the increase in the cost of producing and manufacturing a certain good. When this increases or rather when it's high, the prices of the products manufactured also increases. So there is no potential loss posed by high manufacturing cost.

7 0

3 years ago

Read 2 more answers

The financial statements of Burnaby Mountain Trading Company are shown below. Income Statement 2017 Sales $7,000,000 Cost of Goo

vova2212 [387]

Answer:

d. 2.83

Explanation:

Note: The financial statement in the question are merged together. They are therefore sorted before answering the question. See the attached excel file for the full question with the sorted financial statement.

The explanation to the answer is now as follows:

The current ratio is a liquidity ratio that is used in measuring whether a company has adequate resources to meet its short-term obligations or pay its liabilities from its current assets.

The current ratio provides a comparison current assets to current liabilities of a company and it can be calculated using the following formula:

Current ratio = Total current assets / Total current liabilities ................. (1)

From the 2017 balance sheet of Burnaby Mountain Trading Company, we have:

Total current assets = $1,700,000

Total current liabilities = $600,000

Substituting the values for Total current assets and Total current liabilities into equation (1), we have:

Current ratio = $1,700,000 / $600,000 = 2.83

Therefore, The firm's current ratio for 2017 is <u>2.83</u>. That is, the correct option is option d. <u>2.83</u>.

This indicates that the firm has more than enough current assets to pay off 2.83 or 283% of its current liabilities.

Download xlsx

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3 years ago

You are meeting with the new CEO of your company to discuss marketing channel strategies. You are delighted to learn that the C

jeyben [28]

Answer:

You should make sure the channel you choose is capable of creating lots of:

Time and place utilities.

Explanation:

Utility:

In business, utility is defined as the benefit or value that a customer gets from the product of a business.

There are fours type of utilities which are: Time Utility, Form Utility, Place Utility and Possession Utility.
Time Utility: This utility means that your product remain available to the customer at a time when the customer need it. Like if a customer wants the product available at night then it should be available.
Place Utility: This utility means that the your product is available to the customer wherever the product is required. For example if a customer wants your product at a specific place then it should be available.
In this questions, time and place utility were required from the manager.

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3 years ago

Universal containers(us) has an integration with its accounting system that creates tens of thousands of orders inside salesforc

crimeas [40]

Answer:

Process builder with an Autolaunched Flow.

Explanation:

This builder here save your users’ time and make sure required tasks are being done. It also improves the quality of your data. Making you the superhero of Universal containers as a whole which your company deserves.

Secondly, these practices are often unique to your business, which makes it hard to find an out of the box solution that exactly meets your requirements. Maybe your company is a high touch call center with specific scripts that your agents need to follow based on a customer’s account data. Maybe you have a practice in place where your salespeople should always, always, create a work order after a deal closes. Or maybe you have a task that your users do over and over and over again, and if you can find a way to shave a few minutes off that task, you can save hundreds of person hours over the course of a year.

7 0

3 years ago

A number of top fashion-modeling agencies would most likely be charged with ________ for jointly determining what commissions th

ololo11 [35]

Answer:

The answer is Price fixing.

Explanation:

number of top fashion-modeling agencies would most likely be charged with Price fixing for jointly determining what commissions they charge for models.

7 0

2 years ago