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Sladkaya [172]
3 years ago
15

2. Efficiency and effectiveness (Connect, Perform) Read the scenario and then complete the sentence with the correct term. Manag

ement in Life Your parents are hosting the huge annual family reunion this year, and they have determined that quite a bit of work needs to be done before all the relatives show up. They ask if you will repair the leaking faucets and replace the rec room carpet. They ask your sister to rid the lawn of weeds and reseed the bare patches, and they ask your brother to rent tents, a huge barbeque grill, and other equipment. They want the family to feel comfortable and have fun. To achieve greater , your dad decides to mount speakers around the backyard so people can listen to music streaming from his Rhapsody account. This will be less expensive than hiring a live band. In your first day as a driver for Road-O-Rama Freight, you realize that something just isn’t right. Trucks go out half full, and drivers often get the wrong addresses so freight doesn’t arrive at its destination. When telling a friend about your new job, how would you describe this company’s operations? Both effective and efficient Effective but not efficient Efficient but not effective Neither effective nor efficient
Business
1 answer:
Annette [7]3 years ago
4 0

Answer:

When telling a friend about your new job, how would you describe this company’s operations?

Neither effective nor efficient

Explanation:

The company's operations will be considered effective if they achieve objectives.  But they do not produce the desired results because drivers often get the wrong addresses, making freights not to arrive at their destinations.  Similarly, the company's operations cannot be described as efficient because trucks go out half full with wrong addresses.  This is a waste of time, money, and efforts, and the performance competence of the company is questionable.  Efficient operations accomplish results with the least amount of resources.  Effective operations achieve desired results successfully.

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Analysis reveals that a company had a net increase in cash of $22,750 for the current year. Net cash provided by operating activ
aalyn [17]

Answer:

The correct answer = $5,000

Explanation:

First of all, let us find the difference between the total cash provided and the total cash used up within the period:

Total cash provided = operating activities + financing activities

Total cash provided = 20,500 + 13,500 = $34,000

Total cash used up = investing activities = $11,250

Retained balance from the activities of the period = Total cash provided - Total cash used up

= 34,000 - 11,250 = $22,750

Retained balance from the activities of the period = $22,750

However, we are told that the year-end cash balance = $27,750. This means that the excess cash on the retained balance from operating activities within the period is from the beginning cash balance, and this is calculated as follows:

year-end cash balance = Retained balance from the activities  + beginning cash balance

27,750 = 22,750 + beginning cash balance

∴ beginning cash balance = 27,750 - 22,750 = $5,000

∴ beginning cash balance = $5,000

5 0
3 years ago
Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000
Zanzabum

Answer:

C. $370,000

Explanation:

Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000  shares of $5 par common stock.

During 2011, Poodle had the following transactions relating to  shareholders' equity:

Issued 30,000 shares of common stock at $7 per share.

Issued 20,000 shares of common stock at $8 per share.

Reported a net income of $100,000.

Paid dividends of $50,000.

Therefore total Paid-in capital at the end of 2011 is derived by :

(30,000 shares x $7) + (20,000 x $8) = $370,000

Paid - In capital refers to the funds that stockholders have invested through the purchase of stock from the issuing company, including premiums and not just par value.

3 0
4 years ago
Two consumers both earn $47,000 annually. One owns four motorcycles and enjoys hunting and fishing. The second plays golf weekly
makvit [3.9K]

<u>Answer:</u>

<u><em>Lifestyle</em></u>

<u>Explanation</u>:

Note that Consumer A enjoys hunting and fishing, while Consumer B likes toplays golf weekly. Put simply, their lifestyle financially is what segments them altogether because they differ in what each likes.

Remember, Market segmentation involves dividing a market of consumers by a marketer into groups based on certain attributes such as their lifestyle, buying behaviour etc.

4 0
3 years ago
Sam’s laptop is four years old and needs a new hard drive. He got a quote that it will cost $450 to fix it. A new, similar lapto
masha68 [24]
I think that getting the faster one would be better even though it's $750 but for all they kmow there could be something else wrong with the other computer that will cost you over $750
6 0
4 years ago
"cost of common stock equity: capm j&amp;m corporation common stock has a beta, b, of 1.2. the risk-free rate is 6%, and the mar
Sergeu [11.5K]

a. Risk Premium on J & M common stock = Return on Market - Risk Free Rate

Risk Premium on J & M common stock = 11% - 6%

Risk Premium on J & M common stock = 5%

b. Required Return = Rf + Beta * (RM - RF)

= 6% + 1.2*5%

= 6% + 6%

= 12%

So the required rate of return is 12% which should be atleast provided by J & M common stock.

c. J & M cost of common stock equity is the same as b that equals to 12%.

5 0
4 years ago
Read 2 more answers
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