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RSB [31]
4 years ago
8

Mark is developing the marketing strategy for his business, which is a retail store. He knows that situation characteristics wil

l interact with his marketing activity. Which of the following is a situation characteristic he needs to consider?
Business
1 answer:
Natalija [7]4 years ago
5 0

Answer:

The correct answer is task definition.

Explanation:

A task describes a unit of work. Each task is carried out by specific roles. The granularity of a task normally ranges from a few hours to a few days. It usually affects a work product or a small number of them. Tasks do not necessarily have to be used as a basis for planning and monitoring progress. They are often too granulated for such a task; the groupings of activities of the tasks tend to be preferable units for planning and monitoring.

A task has a clear objective, usually expressed in terms of creating or updating some work products, such as models, classes or plans. In a task, each realization role achieves a well defined objective. A task provides complete step-by-step explanations of the work that must be done to achieve that goal. This description is complete, regardless of the time in the life cycle of a process in which the work should be performed. Therefore, it does not describe each task at all times, but describes all the work that is carried out throughout the life cycle of development that contributes to achieving the objective of the task.

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A machine purchased on 1/1/21 for $24,000 and on which $14,400 of Accumulated Depreciation has been recorded through 12/31/23 wa
Amanda [17]

Answer:

Gain on disposal = $7600

Explanation:

As the machine is sold on 1 April 2024, we first need to update the depreciation expense and charge the depreciation to the date. The depreciation has been charged till 1 December 2023. So, we need to charge the depreciation for three more months.

The formula for depreciation expense under straight line method is,

Depreciation expense per year = (Cost - Salvage value) / Estimated useful life

Depreciation expense per year = (24000 - 0) / 5

Depreciation expense per year =  $4800 per year

Depreciation expense for three months = 4800 * 3/12 = $1200

Accumulated depreciation 1 April 2024 = 14400 + 1200  =  $15600

To calculate the gain or loss on disposal, we first need to determine the net book value of asset and deduct it from the cash received on disposal.

NBV = Cost - Accumulated depreciation

NBV = 24000 - 15600

NBV = $8400

Gain on disposal = 16000 - 8400

Gain on disposal = $7600

6 0
3 years ago
As an HR manager in charge of employee appraisal, Bernice Hunter uses an appraisal method that utilizes narrative information, s
Studentka2010 [4]

Answer: Behaviorally anchored rating scale

Explanation:

  The Behaviorally anchored rating scale is one of the type of appraisal method that is used to combining all the performance, productivity and skills of an employee at the time of appraisal process.

 The main objective of the behaviorally anchored rating scale is to bring the main qualified criteria of the appraisal and then based on the employee performance and the eligibility the appraisal are given to an employees in an organization.    

 According to the question, the Bernice is basically using the  behaviorally anchored rating scale method for the purpose of utilization the narrative information for outlining the performance and behavior.  

    Therefore, Behaviorally anchored rating scale is the correct answer.

5 0
3 years ago
Adelphi Company purchased a machine on January 1, 2017, for $70,000. The machine was estimated to have a service life of ten yea
mestny [16]

Answer:

Loss on Sale of Non-Current Asset is -$5,672.

Explanation:

The key points to remember here are:

  • We compare Carrying Value (Cost - Accumulated Depreciation) with Selling Price to calculate gain/loss.
  • Adelphi Company has used the machine for 4 years. So, deduct the depreciation of 4 years from the Cost of Machine.
  • Double-Declining Rate is calculated as (1/10)*(2) = 20%. Multiply this rate with the Carrying value of each year to get the depreciation figure for next year.

I've attached a screenshot of my workings, I hope it will help you better understand the scenario. Thanks!

5 0
3 years ago
Which of the following best explains why the law of supply and demand has an effect on the labor market
Digiron [165]

Labor is a commodity

7 0
3 years ago
Assume the following cost of goods sold data for a company: 2017: $1,700,000 2016: 1,400,000 2015: 1,200,000 2014: 1,000,000 If
WITCHER [35]

Answer:

d. 42%  

Explanation:

The percentage increase in cost of goods sold is calculated as:

⇒ <u>Current Year</u> - 1

     Base Year

,⇒ <u>1,700,000</u> - 1

     1,200,000

⇒ 41.66% or 42%.

3 0
4 years ago
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