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3 years ago

Characteristics of just-in-time partnerships do NOT include:

Business

1 answer:

kodGreya [7K]3 years ago

7 0

Answer:

Answer is option b i.e. large lot sizes to save on setup costs and to gain quantity discounts.

Explanation:

The just-in-time partnership is a Japanese management strategy that increases efficiency by minimizing the inventory to manufacture products with zero defects. Toyota was the first to use this strategy to increase the quality of the manufactured product by reducing wastes and increasing productivity. This strategy does not include large lot sizes to save on setup costs but rather focuses on buying only the required amount of inventory which is required for the production. Hence, the answer is option b.

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Under what type of compensation plan is the agent responsible for the costs of advertising and promotion?

Oksana_A [137]

Answer:

100% plan

Explanation:

The 100% plan is when the agent doesn't have a base salary and the job pay depends completely on the comission for selling products. This compensation plan provides a big earning potential and the agent is an independent contractor and would have to cover costs of advertising and promotions. Because of that, the answer is that the type of compensation plan in which the agent is responsible for the costs of advertising and promotion is the 100% plan because the agent is not considered an employee and only receives the comission and has to cover the costs associated with advertising and promotion.

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3 years ago

How do i become self employed?

Georgia [21]

Answer:

you can start a small business and work your way up or if you are previously wealthy you can buy a business and continue running it

Explanation:

because neither of these jobs require being hired then they are considered a self employing buisness

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2 years ago

Read 2 more answers

Assume the following information for Larkspur Corp. Accounts receivable (beginning balance) $145,000 Allowance for doubtful acco

gregori [183]

Answer: See the required journal entries below.

Explanation: See below steps to record the transactions that occurred during the period and recognize ultimately the bad debt expense.

Step 1: Recognize the transactions during the period

Debit Accounts receivables $944,000

Credit Sales revenue $944,000

(To recognize the sales on account)

Debit Cash $901,000

Credit Accounts receivable $901,000

(To recognize sales collection)

Debit Allowance for doubtful account $6,300

Credit Accounts receivable $6,300

(To recognize the write-off of accounts receivable)

Debit Cash $2,200

Credit Bad debt recovery (income statement/other income) $2,200

(Collection of accounts receivable previously written off)

Step 2: Movement schedules of accounts receivable and allowance for doubtful accounts

Accounts receivable

Balance, beginning of the period $145,000

Addition: Net credit sales 944,000

Less: Collections 901,000

Write-off 6,300

Balance, end of the period $181,700

Allowance for doubtful accounts

Balance, beginning of the period $11,480

Less: Write-off 6,300

Balance, end of the period (unadjusted) $5,180

Step 3: Journals for bad debt expense

Debit Bad debt expense [(9% * $181,700) - $5,180] $11,173

Credit Allowance for doubtful account $11,173

(To record bad debt expense for the period)

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3 years ago

Which of the following would not be a huge financial risk (and, therefore would not require insurance) if you had a full emergen

Svet_ta [14]

You lose your cellphone

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3 years ago

Managers who practice total quality management_______(A) invest more resources at the front end of the value chain in research a

kirza4 [7]

Answer:

The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.

Explanation:

Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

8 0

3 years ago