All categories

3 years ago

What is resource allocation?

1 answer:

4 0

Resource allocation is basically creating a plan for how available resources will be divided up amongst a group or system with multiple parts, or where certain resources will be used to be more efficient and optimize the benefits to the collective whole.

You might be interested in

Tyler cannot afford to hire a sales person for his small business but feels personal selling is the best way to encourage prospe

Serggg [28]

Answer:

the most cost-efficient mode of selling may be to use sales or marketing representatives

Explanation:

Personal selling by Tyler can divert his focus from proper management practices of the firm's activities.

Selling involves constant interaction with the customer and follow up on prospective clients.

This can be stressful and lead to lose of sales revenue through ineffective customer engagement.

Hiring a sales representative is more cost effective because sales representatives are hired on a contract basis with commission paid on performance.

This ensures that a reasonable amount is paid to get execute the sales process.

6 0

4 years ago

When an ad for the American Indian College Fund used the headline, "I Will Keep 286,000 People from Losing Their Sacred Land" to

Katena32 [7]

Answer:

there are several options for this question and they are,

A. teaser

B. testimonial

C. direct

D. transformational

E. indirect

and the correct answer is E. Indirect.

Explanation:

if you look at this advertisement, you can clearly see that the title is detailed to an extent, stating a specific number 286,000 people. and then the importance of the "lands'' are highlighted by stating the word "sacred". when you state something is "Sacred", it sort of send out a single to the readers mind that it can be religious or highly sensitive.

apart from this, although the statement say that "I will keep", it does not say "keep safe from whom?" so this too greatly and indirectly influence the reader.

5 0

4 years ago

Which cash flow would you rather pay, $425 today or $500 in two years if interest rates are 10 percent? Why?

DerKrebs [107]

Answer:

Explanation:

The main goal is to compare these two based on the same terms; present values. Find the present value of $500 today by discounting it using 10% interest rate over two years.

PV = FV/ (1+r)^n

where FV = Future value = $500

r = discount rate = 10% or 0.10 as a decimal

n = total duration of investment = 2

PV = $500/(1+0.10)^2

PV = $500/1.21

PV = $413.22

Since you are basing the decision on what you would rather pay, you would want a lower pay amount. The $425 is already in its present value terms and it is more expensive. Therefore, you would prefer to pay $500 in two years.

7 0

3 years ago

You are going to the movie theater with your grandparents and your younger brother. Senior citizen tickets cost $6, your ticket

kipiarov [429]

Answer:

Total expenditure for the trip = $36.25

Explanation:

You are going to the movie with your younger brother and grandparents.

Senior citizens tickets cost $6 while your tickets cost $6.25 and your younger brothers ticket cost $4.25 .

Also there is an additional expenditure due to buying soda and popcorn and it costs $20.

Now we have to find the total cost for your trip to the movie theater.

For that we just need to add all the expenditures.Hence,

Total cost = 6 + 6.25 + 4.25 + 20 =$36.25

This is the total expenditure for the trip.

4 0

4 years ago

Beasley, Inc., reports the following amounts in its December 31, 2021, income statement. Sales revenue $ 350,000 Income tax expe

lisov135 [29]

Answer and Explanation:

The preparation of the multiple-step income statement is presented below:

Beasley, Inc.

Multiple-step income statement

December 31, 2021

Sales revenue $350,000

Less: Cost of goods sold -$125,000

Gross profit $225,000

Less: Operating expenses

Salaries expense -$37,000

Advertising expense -$23,000

Utilities expense -$43,000

Operating income $122,000

Less: interest expense -$12,000

Income before income tax $110,000

Less: income tax expense -$39,000

Net income $71,000

We simply deduct all the expenses from the sales revenue so that the net income could arrive

7 0

3 years ago