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Marat540 [252]
4 years ago
11

Nancy just graduated with her B.A. in marketing. Her long-term goal is to run a social media department for a large company. She

has been offered a one year unpaid internship to be a social media assistant in the marketing department for a small company.
Is the internship a stepping stone to Nancy's long-term goal?

a. No, because she will be an assistant.

b. Yes, because she will build social media skills.

c. Yes, because it is only for one year.

d. No, because she will not earn a salary.
Business
2 answers:
Vsevolod [243]4 years ago
4 0

Answer:

b. Yes, because she will build social media skills.

Explanation:

In the case of Nancy, recently graduated in marketing, her long-term goal, which is to manage a social media department for a large company, will be achieved through her skills and abilities, but she has achieved an internship in the area in which she wants to work. in the future, even in a small, unpaid business, it will give Nancy essential subsidies to achieve her long-term goal.

Therefore, she will develop social media skills, because in order to work in a large company as she wishes, Nancy needs to have experience and business experience in practice, as large companies are looking for qualified professionals both in academic training and in practical experience. The internship will give her the opportunity to get to know the environment in which she wants to work, to confirm her long-term goal and, above all, to develop and prepare for her future goals.

den301095 [7]4 years ago
3 0

Answer:

b. Yes, because she will build social media skills.

Explanation:

In this scenario Nancy's long term goal is to manage a social media department of a large company. She now hot an internship as a social media assistant in a small company.

The internship that she is undertaking bin the short run is relevant to the her long term career goal of managing a social media department in a large firm.

So this is a stepping stone in achieving her long term goal.

In the future when a social media opening comes up she will have the relevant experience to perform in this role.

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How can understanding the economy help you to make better financial decisions?
Elan Coil [88]

Answer:

Explanation:

No matter what the future holds, an economics major helps people succeed. Understanding how decisions are made, how markets work, how rules affect outcomes, and how economic forces drive social systems will equip people to make better decisions and solve more problems. This translates to success in work and in life.

3 0
3 years ago
On January 1, Lorain Corporation had 2,000 shares of $5 par common stock authorized and outstanding. These shares were originall
Dovator [93]

Answer:

Journal Entry

Explanation:

The Journal Entry is shown below:-

1. Treasury Stock                $2,400  (100 Shares × $24)

            To Cash   $2,400

(Being treasury stock is recorded)

2. Cash  Dr, $825  (25 shares × $33)

     To Treasury Stock $600 (25 shares × Cost $24)

      To Additional Paid in Capital-Treasury Stock $225

(Being the sale of acquired share is recorded)

3. Cash Dr, $550 (25 shares × $22)

Additional Paid in Capital-Treasury Stock Dr, $50

      To Treasury Stock $600 (25 shares × Cost $24)

(Being the sale of acquired share is recorded)

4. Common Stock Dr, $250  (50 Shares × $5 par value)

Additional Paid in Capital-Treasury Stock Dr, $175 (225 - $50)

Retained Earnings Dr, $775

       To Treasury Stock $1,200 ($2400 - $600 - $600)

(Being retired share is recorded)

6 0
3 years ago
Digital photography replacing film photography would be an example of a(n) _____. Group of answer choices radical innovation reg
Ratling [72]

Answer:

disruptive innovation.

Explanation:

A disruptive innovation can be defined as an innovation that typically creates a new market for a product by displacing or removing an existing product from the market.

Digital photography replacing film photography would be an example of a disruptive innovation.

4 0
3 years ago
16) When supply is fixed or the product is unique, then price is A) supply determined. B) demand determined. C) government deter
Rudiy27

Answer: B) demand determined.

Explanation:

If the supply of a good is fixed or the product is of a unique kind, the price of the good will be determined by the amount of demand for it.

Normally supply can change based on the quantity demanded which will impact prices but if the supply is definite, this means that the supply curve is inelastic and the only curve that can affect price therefore is the demand curve.

If more people demand the good, it will increase in price and if less people demand it, it will fall in price.

3 0
3 years ago
The following information is available for the month of April from the First department of the Armque Corporation: Units Work in
miskamm [114]

Answer:

Direct Materials = 340,000

Direct Labor       = 304,000

Explanation:

The concept of equivalent units measures the number of units to the extend of completion  of inputs added to outputs during the production.

The first step is to determine the units completed and transferred.

units completed and transferred = opening work in process + started during the year - closing work in process

                                                      = 90,000 + 250,000 - 60,000

                                                      = 280,000

then determine the equivalent units of production with respect to direct materials and conversion costs.

<u>Direct Materials</u>

Note : Materials are added in the beginning of the process thus 100 % in all categories.

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 100%)    =   60,000

Total                                                                             =  340,000

<u>Conversion Cost</u>

units completed and transferred (280,000 × 100%) = 280,000

units of closing work in process (60,000 × 40%)    =     24,000

Total                                                                             =  304,000

5 0
4 years ago
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