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lbvjy [14]
3 years ago
13

Operations managers are responsible for assessing consumer wants and needs and selling and promoting the organization's goods or

services. True or false?
Business
1 answer:
mr Goodwill [35]3 years ago
4 0

Answer:

False

Explanation:

Operations managers are saddled with the responsibility of setting-up machine,requesting for relevant production materials and producing in accordance with customer's specification.

It is the responsibility of the marketing manager to assess consumers wants through market research and intelligence gathering and ensuring that goods and services produced are customer-focused.He then promotes and sells such products/services to customer in such a manner that will appeal to them.

He obtains feedback from customers from time to time and communicate that to production manager who then use that to improve on the products and services.

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1. Which of the following is true about finding the present value of cash flows?
Bogdan [553]

Based on present value calculations, the following are true:

  1. A. Finding the present value of cash flows tells you how much you need to invest today so that it grows to a given future amount at a specified rate of return.
  2. B. The security that earns an interest rate of 6.00%.
  3. B. An investment that matures in five years.
  4. B. Other things remaining equal, the present value of a future cash flow decreases if the discount rate increases.

<h3>What is true of present value calculations?</h3>

Present value relies on the interest rate and the number of periods that an investment. The longer the investment period, the lower the present value.

The higher the interest rate, the lower the present value as well, For this reason, the 6% investment will be worth less today and the five year investment will have a lower price today.

Find out more on present value at brainly.com/question/15904086.

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4 0
2 years ago
Lee worked on a global team for an American company, and all her work had to be completed in her second language, English. Somet
Sergeu [11.5K]

Answer:

E. Encoding

Explanation:

Communication involves passing and sharing of information to people.

Encoding barrier of communication deals with the receiver of the information having difficulties in understanding the message . This happens when the sender has problems in choosing the appropriate words needed and arranging the words to make it grammatically correct.

Lee was asked to complete her work in English language which was her second language. She wasn’t really conversant with the language which is why her colleagues found it difficult to understand what she wrote.

5 0
3 years ago
What is it like to be a criminal in a mixed economy
sweet-ann [11.9K]
It is very disturbing as everyone would be staring at you and wondering who you are. You would be confused because you would not know what to do. Life would be different than to the place you live it. It is basically strange.
6 0
3 years ago
Suzuki Supply reports the following amounts at the end of 2021 (before adjustment). Credit Sales for 2021 $ 260,000 Accounts Rec
Amiraneli [1.4K]

Answer:

1. Suzuki estimates 12% of receivables: Net income (before taxes) in 2021 decreases by $5,500  and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales: Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

Explanation:

1. Suzuki estimates 12% of receivables

Bad debts are estimated: 12% x $55,000 = $6,600

Before adjusting, Allowance for Uncollectible Accounts balance of $1,100 (credit).

Bad debts expense = $6,600  - $1,100 = $5,500

The entry will be made:

Debit Bad debts expense $5,500

Credit Allowance for Uncollectible Accounts $5,500

Net income (before taxes) in 2021 decreases by $5,500  and total assets in 2021 decreases by $5,500

2. Suzuki estimates 3% of credit sales

Bad debts are estimated: 3% x $260,000 = $7,800

The company uses the percentage of sales method.

Bad debts expense = $7,800

The entry will be made:

Debit Bad debts expense $7,800

Credit Allowance for Uncollectible Accounts $7,800

Net income (before taxes) in 2021 decreases by $7,800 and total assets in 2021 decreases by $7,800

7 0
2 years ago
A method of accounting for uncollectible receivables in which the company estimates bad debts expense instead of waiting to see
bazaltina [42]

Answer:

The statement is True as well as correct

Explanation:

Allowance method is the financial term which is defined as the uncollectible accounts receivable procedure that reports the estimate of the bad debt expense in the same accounting or fiscal year as the sale.

Under this method, it is used to adjust the accounts receivable which appears on the balance sheet.

For example,

If the company has the credit sales of $800,000 in December and estimate that the 4% will be uncollectible. Then using this method, computing the uncollectible as:

Bad debt expense = Sales × Estimate uncollectible

= $800,000 × 4%

= $32,000

So, this estimate the bad debt expense rather than wait to see which customer will not able to collect.

5 0
3 years ago
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