Karen, a real estate agent, wants to create simple podcasts that will allow her clients to take virtual tours of available properties. She should focus on first Providing quality content with an authentic voice.
An estate agent is a person or enterprise that arranges the promoting, renting, or control of properties and other buildings. An agent that specialises in renting is frequently called a letting or management agent.
A Realtor is a certified actual estate agent or broker (or other real property professional) who is a member of the national association of Realtors (NAR).
Being an estate agent is not an easy job; it requires quite a few difficult paintings, expertise of the markets, and pinnacle-notch sales and people competencies. becoming an carried out estate agent takes years of enjoy, but in case you put inside the tough paintings and willpower, there are some critical rewards.
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critique a specific action by any two companies. for each of the two examples, select two relevant tendencies from module 17 that seem to have impacted the actions. be specific. how might the situations have been handled better?
Critique a specific action by any two companies. for each of the two examples, relevant tendencies from module 17 seem to have impacted the actions.
Tendencies research is what it feels like. it is approximately figuring out and reading styles in records to predict destiny occasions, which includes purchaser conduct or commercial enterprise overall performance. trend researchers use statistical methods to analyze historic records to determine whether there was any trade over time.
Tendencies are a possibility to do something new no longer just from a character standpoint but on a macro degree. traits permit us to shift cultural currents and in the end depict an underlying instinct.
After gathering experimental facts, evaluation is used to discover any tendencies, patterns, or relationships within the records. these are then compared with predictions made by way of the hypothesis. If the records shape the predictions in a statistically great way, it helps the speculation.
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which of the following cash flows are classified as operating activities? (check all that apply.) multiple select question. payment of dividends cash for purchasing a warehouse to be used in the business cash for reacquiring common stock into treasury cash from sale of investments cash flow causing decrease in current liabilities cash from revenue earned in daily transactions
The cash flows shown below are classed as operational activities:
Cash flow causes a decrease in current liabilities.Cash from revenue earned in daily transactions.What are cash flow and its operational activities?Cash flow from operational activities (CFO) is the first portion of a business's cash flow statement, one of three primary corporate documents used in financial reporting. It calculates the cash inflows and outflows from the company's key business operations during a certain time period.
It is critical for businesses to understand the cash flow created by their operational operations since it may give strong insight into a company's overall financial health.
Indeed, many company executives believe that cash flow from operations is the most significant element of the cash flow statement.
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brainly which term refers to the use of government spending as a form of economic policy, especially when managing the business cycle?
Fiscal policy refers to the use of government spending as a form of economic policy, especially when managing the business cycle.
Fiscal policy is the use of public expenditure and taxation to affect the economy, particularly macroeconomic conditions. These include employment, inflation, economic expansion and the total consumption for goods and services. The government may reduce tax rates or boost spending during a recession to boost demand and the economy. On the other hand, it can increase rates or reduce spending to slow down the economy in order to battle inflation. Monetary policy implemented by central bankers is sometimes contrasted with fiscal policy.
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job satisfaction is not how hard one works or how well one works, but rather how much one likes a specific kind of job or work activity. question 1 options: true false
Job satisfaction is not how hard one works or how well one works, but rather how much one likes a specific kind of job or work activity.
This statement is true.job delight, worker pride, or work delight is a degree of workers' contentedness with their task, whether or not they like the task or personal aspects or facets of jobs, consisting of the nature of work or supervision. Activity pleasure can be measured in cognitive (evaluative), affective (or emotional), and behavioral additives. Researchers have additionally stated that job pride measures vary inside the quantity to which they degree emotions about the activity (affective process satisfaction). or cognitions approximately the process (cognitive task pleasure).
One of the most broadly used definitions in organizational studies is that of Edwin A. Locke (1976), who defines process pride as "a pleasant or high-quality emotional state as a consequence of the appraisal of 1's process or process reports" Others have defined it as truly how content material an individual is with their task; whether or not they just like the task.
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To support their other promotional efforts, firms use ________blank to generate free media attention.
Public relations support their other promotional efforts, firms use because, they create media, from press releases to social media messages, that shape popular opinion about companies and organizations and increase brand awareness.
Individuals and organizations influence PR through a variety of activities. samples of these public relations activities include traditional media advertising campaigns, sponsorships, product placements, social media campaigns, consumer education and company social responsibility.
Increase our brand credibility. Publicity through public relations gives credibility to your business as the content is more authentic and informative.
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schneider inc. had salaries payable of $60,500 and $91,900 at the end of 2020 and 2021, respectively. during 2021, schneider recorded $621,500 in salaries expense in its income statement. cash outflows for salaries in 2021 were:
Schneider inc. had salaries payable of $60,500 and $91,900 at the end of 2020 and 2021, respectively. during 2021, Schneider recorded $621,500 in salary expenses in its income statement. Cash outflows for salaries in 2021 were: $590,000.
620,000-(90,000-60,000)=$590,000.
Cash outflow refers to all expenses paid by the business. Cash outflows include all liabilities, payables, and operating expenses. A healthy business maintains positive cash flow by controlling operating flows and minimizing long-term debt.Cash outflows are all expenses paid by the company. Cash outflows include all liabilities, payables, and operating expenses. A healthy business maintains positive cash flow by controlling operating flows and minimizing long-term debt.Money used to purchase fixed assets. Dividends paid to shareholders. salaries and wages paid to employees; Examples of cash inflows are income from product sales and income from investments. Conversely, cash outflows can consist of operating expenses, liabilities, and other liabilities.
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the new bea procedure for calculating real gdp corrects for substitution bias by moving the base year forward and computing the current year gdp with the previous year as the base year. group of answer choices true false
The new bea procedure for calculating real gdp corrects for substitution bias by moving the base year forward and computing the current year gdp with the previous year as the base year is true statement.
What is real GDP?A country's gross domestic product that has been accounted for inflation is known as real GDP. Compare this to nominal GDP, which calculates GDP using today's prices without taking inflation into account.
Nominal GDP represents the raw data in current dollars without taking inflation into account. Real GDP eliminates any distortion brought on by inflation or deflation by adjusting the numbers by fixing the value of the currency.
A macroeconomic indicator of the value of economic output that is price-adjusted is the real gross domestic product (GDP). With this adjustment, nominal GDP, a measure of economic worth, becomes an index for the amount of total output.
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proof-of-work is a way to validate transactions based and achieve the distributed consensus. group of answer choices true false
It is true that a proof-of-work is way to validate the transactions based and achieve distributed consensus.
What is a consensus?To achieve overall system reliability in the presence of numerous flawed processes is a fundamental challenge in distributed computing and multi-agent systems. To reach agreement or agree on a data value that is required for computation, this frequently calls for coordinating processes. Consensus is used, for instance, in state machine replication, atomic broadcasts, and deciding which transactions to commit to a database and in what order. The control of UAVs (and multiple robots/agents in general), load balancing, blockchain, opinion formation, smart power grids, state estimation, and other real-world applications frequently require consensus. In order to solve the consensus problem, multiple processes (or agents) must agree on a single data value.
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Most job leads are discovered through _______. A. Networkingb. Classified adsc. Internet listingd. Cold calling.
Most job leads are discovered through networking. Hence option(a) is the answer.
What is networking?The informal social exchange of information and ideas among persons with similar interests or professions is known as networking. Building connections with people to advance your career through networking requires personal communication, relationship management, and professionalism.
People can learn from their colleagues' business strategies and keep up with the most recent advances in the field. Thus access to fresh and important information is increased when there is a large network of knowledgeable, connected connections. In order to build and strengthen your skill set, keep up with industry trends, keep an eye on the job market, meet potential mentors, partners, and clients, and gain access to resources, networking is crucial to foster your career development.
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Compared with other phases of the new-product development process, the largest number of new-product ideas is rejected during the ____ phase.
Compared with other phases of the new-product development process, the largest number of new-product ideas is rejected during the screening phase.
Five stages manual the brand new product improvement technique for small businesses: concept generation, screening, idea improvement, product improvement and, finally, commercialization.
The enterprise analysis degree is the very last step withinside the new product improvement technique. Product improvement commonly prices the least amongst all of the steps of the brand new product improvement technique.The very last degree withinside the new product improvement technique is commercialization. Commercialisation approach not anything else than INTRODUCING A NEW PRODUCT INTO THE MARKET.
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california retailing inc. has sales of $4,000,000; the firm's cost of goods sold is $2,500,000; and its total operating expenses are $600,000. the firm's interest expense is $250,000, and the corporate tax rate is 40%. what is california retailing's ebit? group of answer choices $875,000 $1,300,000 $850,000 $900,000
California Retailing's EBIT is $900,000.
Earnings before interest and taxes (EBIT) is a commonly used metric for determining a company's operating profitability. EBIT stands for earnings before interest and taxes, as the name implies. Both of these expenses are real financial outlays, but they are not generated directly by the company's primary business operations.
EBIT is a key indicator of a company's operational efficiency. It reveals how much the business makes from its core operations because it excludes secondary expenses such as taxes and debt interest.
Sale 4000000
Cost of goods sold 2500000
Total operating expenses 600000
Total EBIT 900000
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A company sells two products--j and k. The sales mix is expected to be $3. 00 of sales of product k for every $1. 00 of sales of product j. Product j has a contribution margin ratio of 40% whereas product k has a contribution margin ratio of 50%. Annual fixed expenses are expected to be $120,000. The overall break-even point for the company in dollar sales is expected to be closest to:.
The overall break-even point for the company in dollar sales is expected to be closest to:. $252632.
What is break-even point?
The revenue at which total revenue and total expense are equal is known as break even in dollars.
The weighted average contribution margin ratio must first be calculated before we can get the break even sales in dollars.
Average weighted contribution margin is equal to wJ * cmJ plus wK * cmK.
Where,
The weight of each products in the sales mix is represented by wJ and wK.
The contribution margin ratios for both the products are represented by cmJ and cmK.
Total sales per sales mix = 3 + 1 = 4
Weighted average contribution margin = 1/4 * 0.4 + 3/4 * 0.5 = 0.475
Break even in dollars = 120000 / 0.475 = $252631.5789 rounded off to $252632
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all of the following are common causes of workplace stress except: a. excessive job pressures b. high workloads c. disagreements with managers d. empowerment
All of the following are common causes of workplace stress except option d, empowerment.
Workplace stress could be psychosocial and physical in nature. It affects the performance and health of the employees. Workplace stress varies in jobs. Workers in low-skill jobs, young workers, and women face more workplace-related stress in comparison to others.
Excessive work with low control on the job is one of the major factors behind workplace stress. In the given options, excessive job pressure, high workloads, and disagreements with managers are all major factors of workplace stress.
Empowerment is the only option that is not a cause of workplace stress. Contrarily, the empowerment of employees in verbal and financial ways proves beneficial to reduce workplace stress.
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unlike commodity money, paper currency has no or very little intrinsic value. therefore, paper currency is a commodity money. fiat money. barter money. bond.
Paper cash, unlike commodity money, has no or very little intrinsic value. As a result, paper cash is fiat money. Hence, the right answer is fiat money.
What is fiat money?Money that is not backed by a commodity, such as gold or silver, is known as fiat money. It is usually designated as legal currency by the issuing government. Local banks and other organizations have occasionally produced fiat money throughout history. Fiat money is often permitted under government regulation in contemporary times.
Fiat money, in general, has no intrinsic value and no utility value. It only has value because the people who use it as a unit of account - or, in the case of cash, a medium of exchange - agree on its worth.
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garlic, an individual, is a limited partner in onion partnership. this year, garlic's share of partnership ordinary income is $20,000, and she received a cash distribution of $30,000. garlic's tax basis in her partnership interest at the beginning of the year was $50,000. her marginal tax rate is 22 percent. garlic qualifies for the qbi deduction, without regard to any limitations on this qbi deduction. Calculate the tax cost of Garlic's partnership earnings this year.
$3,520 is the tax cost of Garlic's partnership earnings this year.
Calculation = [ ( $20,000 ordinary income - $20,000 * 20% Section 199A deduction) * 22% ]
Tax cost commonly refers both to accelerated tax liabilities as a consequence of a company transaction or greater regularly as a motion of a losing party to mission paying positive charges of the prevailing celebration in litigation.
Every so often it's referred to as "fee basis" or "adjusted basis" or "tax basis." something it is referred to as, it's essential to calculating the quantity of benefit or loss while you promote an asset. Your basis is largely your investment in an asset—the quantity you may use to determine your earnings or loss whilst you sell it.
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landshark, inc. sold a warehouse with an original cost of $150,000 for $230,000. the warehouse had accumulated depreciation of $40,000. the recognized gain on the sale was $
The recognized gain on the sale was $120,000.
original cost - accumulated depreciation = adjusted basis
∴ $150,000-$40,000 = $110,000
sales price - adjusted basis = recognized gain
∴ $230,000-$110,000 =$120,000
20% of the lesser of (1) depreciation or (2) gain is recaptured under §291.
What is recognized gain?
A recognized gain is the profit you make from the sale of an asset. Realized gains, which describe the amount of money you made from the transaction, are different from recognized gains. The basis, or the cost at which you acquired the asset, governs the number of profits that can be recognized. Since tax offsets like loss carryforwards and techniques of tax deferral like 1031 exchanges are available to the taxpayer, recognized gains are often lower than realized gains.
A gain is determined by subtracting the asset's acquisition price from its sale price. The recognized gain, for instance, is $100,000 when an investor purchases a house for $500,000 and sells it for $600,000 a year later.
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Which of the following statements are true? Select the two correct answers. (1 point)
Responses
A credit card from a bank is linked to the user’s checking account.
Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
Credit cards are the same thing as debit cards.
Banks issue credit cards as well as debit cards.
You can never use a store credit card anywhere else.
The two correct answers are:-
Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
Banks issue credit cards as well as debit cards.
The required details about credit card is mentioned in below paragraph.
A credit card lets in you to borrow cash from a credit score card organization. In exchange, you pay interest on any excellent debt on the quit of every billing cycle. Most credit card issuers will file your credit score records to credit score bureaus, not like debit playing cards or pay as you go playing cards.A credit score card is a skinny square piece of plastic or metallic issued via way of means of a financial institution or economic offerings organization that lets in cardholders to borrow budget with which to pay for items and offerings with traders that receive playing cards for payment. Credit cards impose the circumstance that cardholders pay returned the borrowed cash, plus any relevant interest, in addition to any extra agreed-upon charges, both in complete via way of means of the billing date or over time.
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Answer: 1. a financial institution where customers deposit money, withdraw previously deposited money, and borrow money through loans fund
2. -Store credit cards co-branded with VISA, Mastercard, or Discover can be used anywhere that those cards are accepted.
-Banks issue credit cards as well as debit cards.
3. depository accounts, loans, mortgages, credit cards, safety deposit boxes
4. A charge card is paid off each month while a credit card has a revolving credit line.
5. American Express
Explanation: I took the same quick check and got 100%, hope it helps!
the next dividend payment by hoffman, inc., will be $2.85 per share. the dividends are anticipated to maintain a growth rate of 5.00 percent forever. if the stock currently sells for $49.30 per share, what is the required return? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
If the stock currently sells for $49.30 / share, the dividend will be $2.85 / share, also the dividends are anticipated to maintain a growth rate of 5% forever, the required return would be 10.78%.
What is dividends?It is a distribution of profits by a corporation to its shareholders. When a corporation earns a profit or surplus, it is able to pay a portion of the profit as a dividend to shareholders. Any amount not distributed is taken to be re-invested in the business.
Now let's calculate the required return.
Using Gordon growth model
Po = D1 / (Ke - g)
Po = current share price = 49.30
D1 = next year expected dividend = 2.85
Ke = cost of equity = ?
G = growth rate in dividend = 5%
49.30 = 2.85 / (Ke - 0.05)
Ke - 0.05 = 2.85 / 49.30
= 0.05780933062
Ke = 0.05780933062 + 0.05
= 10.78%
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imagine that someone from another culture asked you to provide information about business ethics when dealing with american managers. what would you say?
The rules for ethically correct and improper corporate behavior are referred to as business ethics.
What Is Business Ethics?The rules for ethically correct and improper corporate behavior are referred to as business ethics. The law defines some of the behavior, but "legal" and "ethical" are not always synonymous. Business ethics strengthens the law by defining permissible practices outside of government supervision.Business ethics is concerned with ethical quandaries or contentious situations that a corporation faces. Business ethics is frequently associated with a set of activities and procedures that aid in the development of consumer trust. On one level, some business ethics, such as minimum salaries, insider trading laws, and environmental controls, are enshrined in legislation. On the other hand, management behavior can influence corporate ethics, with far-reaching consequences throughout the organization.To learn more about Business ethics refer,
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suppose domestic pineapple producers lobby effectively to add a $5 tariff on all imported pineapples. tariff revenue raised by the government will equal:
To determine the change in tariff revenue for a specific import flow, the final ad-valorem tariff multiplied by the final import value is subtracted from the initial ad-valorem tariff multiplied by the initial import value.
How do you calculate government revenue from tariffs?To determine the change in tariff income for a certain import flow, the final ad-valorem tariff multiplied by the final import value is deducted from the beginning ad-valorem tariff multiplied by the first import value.Tariffs increase the price of products and services in domestic markets by imposing a tax on imported goods that is paid by the domestic importer. In order to cover the additional costs, the domestic importer boosts the pricing for the products and services.Taxes, also referred to as tariffs or levies, are levied by the government on the value of imported products, including the cost of shipping and insurance. Different nations put varied tariffs on different goods.To learn more about tariff refer to:
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Which describes a challenge we might see if remote working was the norm.
A. businesses would have to pay building costs or rent a workspace
B. there would be more cars on the road for people having to drive to work
C. workplaces could be more flexible with hours and job assignments
D. it would be harder to find jobs because the applicant pool would be larger
A challenge that might be seen if remote working became the norm is D. it would be harder to find jobs because the applicant pool would be larger.
What benefits come with remote working?If remote working was the norm, we would notice way less cars on the road as people would not have to drive to work. This would mean less traffic jams and pollution. Businesses would also be able to avoid paying for workspaces.
There would also be more flexible job working hours. However, there would also be a massive challenge which is that people might find it harder to get jobs as there would be a larger applicant pool drawn from around the country, and world.
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maxwell just submitted an application for a credit card. the credit card has an annual percentage rate of 15%. what is the monthly interest rate that will apply to any unpaid balances on this credit card? assume 12 equal months.
12% is the monthly interest rate that will apply to any unpaid balances on this credit card.
Monthly interest rate = Annual percentage rate / no. of the period.
= 15%/12
= 1.25%.
Interest rates tell you the cost of borrowing and the return on your savings. So if you are a borrower, the interest rate is the amount charged to borrow money, expressed as a percentage of the total loan amount of the loan, deposit, or borrowed amount. The total interest on the amount lent or borrowed depends on the principal amount, the interest rate, the frequency of compounding interest, and the length of the term of the loan, deposit, or borrowing.Learn more about Interest rates here: https://brainly.com/question/23263142
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research evidence on the managerial grid supports which of the following statements? initiating structure and consideration has not been found to be associated with the lpc the 9,9 style has been found to be universally effective a low concern for production with high concern for people is the most effective the concern for production dimension has been found to be universally effective there
The research evidence on the managerial grid best supports the statements which states there is no universally effective style of leadership.
What is the Managerial grid model?In management, the managerial grid model refers to a style leadership model developed by Robert Blake & Jane Mouton, the model originally identified 5 different leadership styles based on the concern for people and the concern for production.
Under the Managerial grid model, we have five possible leadership styles which includes the country club leader, impoverished leader, middle-of-the-road leader, team leader and produce or perish leader.
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on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.)
On-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a decrease in net income on the income statement, and a decrease in assets on the balance sheet.
What is a balance sheet?The balance sheet of an organization helps to know the financial position of a business in the market by determining the assets and liabilities owned by them.
A loan's or an intangible asset's book cost can be reduced over a defined period of time using an accounting technique called amortization. The cost of a patent may also be spread out over the course of its useful existence by an organization.
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The complete question is probably
on-a-roll, inc. amortizes its patent of $20,000 over 20 years. the adjusting entry to record amortization results in a(n) . (check all that apply.) multiple select question. increase to liabilities on the balance sheet decrease to net income on the income statement increase to net income on the income statement decrease to assets on the balance sheet increase to assets on the balance sheet.
what is the main benefit for costco in selling its private label, kirkland, at a lower price compared to its competition? group of answer choices to increase its customer loyalty to increase its margins to become a one-stop shop for its customers to promote its own image to create more awareness about its brand
The main benefit for Costco in selling its private label is to increase its customer loyalty and to promote its own image. The correct options are A and D.
What is the difference between branded and private labels?Private-label goods are sold without branding, whereas branded goods are marketed through specific product attributes. Private label companies benefit by selling manufactured goods to other businesses, whereas brands profit from the margin revenue of their products.
Private labeling occurs when a manufacturer creates products that are exclusively sold by a third party under a different brand name. Private labeling enables retailers to outsource goods production to manufacturers and sell high-quality products on a large scale.
Thus, the ideal selection is options A and D.
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the current stock price is 20 per share. the price at the end of a four-month period is modeled with a one-period binomial tree so that the stock price can either increase by $5, or decrease by $5. the stock pays dividends continuously with the dividend yield 0.04. the continuously compounded, risk-free interest rate is 0.05. what is the stock investment in a replicating portfolio for four-month, $20-strike european call option on the above stock?
The answer is $520 million.
Net Cash flow = Cash Flow from Customer + Interest on Investment - Income Tax Expense - Purchases - Operating Expense - Interest on Debt
Particulars Amount (In Millions)
Cash Inflow from Operating Activities
Customers 4,800
Interest in Investments 400
Total 5,200
Cash Outflow from Operating Activities
Interest on Debt 500
Income Tax 280
Purchase of Inventory 3,000
Operating Expenses 900
Total 4,680
Net Cash Flow 520
The replicating portfolio for evaluating call options is a long position in borrowed stocks. This portfolio is called a replicating portfolio. This is because if you borrow money to buy a certain number of shares, your payment will be exactly the same as the payment from a call option. Definition of a Replicating Portfolio A replicating portfolio is a proxy portfolio consisting of standard capital market instruments that replicate the scenario-dependent payments of an insurance company's liabilities. This is determined by optimization techniques over a wide range of calibration scenarios.
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a specific product has expected demand during lead time of 100 units, with a standard deviation during lead time of 25 units. what safety stock (approximately) provides a 95% service level?
EOQ = SQRT (2 × Annual Demand × Ordering Cost Per Unit / Carrying Cost Per Unit)
SAFETY STOCK= Lead time factor * Service factor * Standard Deviation
SAFETY STOCK= Lead time factor *1.645 *25
**Assuming a ONE-month lead-time, and as such Lead time factor =1
the safety stock of 41 units should provide a 95% service level.
What is safety stock?
A safety stock is a surplus of a product that is kept in the warehouse to avoid running out of stock. It acts as protection against shifts in demand. For instance, you should have five days' worth of safety stock if you sell 100 items per day. 100 goods multiplied by 5 days' worth of inventory gives you a safety stock of 500 units.
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what is one of the advantages for the investor who invests in mutual funds that include foreign securities in the fund's portfolio?
Diversification is one of the main benefits of mutual funds. In order to lower risk, it combines several investments or assets in an investor's portfolio. The securities in a well-diversified portfolio come from many industries and capitalizations
What are Mutual Funds?A corporation that pools money from several people and invests it in securities like stocks, bonds, and short-term debt is known as a mutual fund. The portfolio of a mutual fund refers to all of its holdings. Mutual fund shares are purchased by investors. These investments are made on behalf of the investors by an asset management company (AMC). Given the costs involved, mutual funds are among the greatest investment choices. When compared to investing directly in the capital markets, they are more affordable because of the advantages of scale in terms of brokerage, custodial, and other fees.
Hence, Diversification is one of the main benefits of mutual funds. In order to lower risk, it combines several investments or assets in an investor's portfolio. The securities in a well-diversified portfolio come from many industries and capitalizations
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Professor nelson believes that early in the life cycle of a u. S. Product, demand in other advanced countries is limited to high-income groups. Consequently, it is seldom worthwhile for firms in those countries to start producing the product. This view conforms to.
Professor Nelson thinks that early in a U. S. product's life cycle. As a result, it is rarely profitable for businesses in those nations to begin producing the goods. The "product life-cycle hypothesis" is in line with this viewpoint.
Define the life-cycle hypothesis?An economic theory called the life-cycle hypothesis (LCH) analyzes how people spend and save money over the course of a lifetime.
According to the hypothesis, people try to balance their lifetime consumption by borrowing during times of low income and saving during times of high income.On a graph of the LCH, wealth accumulation may be seen to follow a hump-shaped pattern, with levels being lowest during youth through old age and highest throughout middle age.One conclusion would be that younger people are better able to take financial risks than elderly people who must use up their assets.According to Professor Nelson, only high-income groups have early access to demand for U.S. products in other advanced nations. As a result, it is rarely profitable for businesses in those nations to begin producing the goods.
Thus, the "product life-cycle hypothesis" is in line with this viewpoint.
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Marriott’s bonvoy program is an example of a ________blank, which is specifically designed to retain customers by offering premiums or other incentives to customers who make multiple purchases over time.
Marriott's bonvoy program is an example Loyalty Reward Program.
What is a loyalty program?
Retailers and other businesses who sponsor loyalty programs do so to attract and retain customers by offering rewards, discounts, and other unique incentives.
They are designed to reward clients for their brand or store loyalty and to encourage repeat business (hence the name). A consumer typically obtains greater rewards the more frequently they purchase at the firm and the more money they spend.
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