PART V. Answer the following situational questions (10 points each): 1) Adidas enjoys presence in the entire Furope market, post its acquisition of Recbok: in 2006 it has created inroads in the US as well. The company has expansion plans in Asia \& Latin America. At most of theve places, the situation remains stable as they are largely democratic set ups. This implies that the government will not pose undue restrictions or introduce stern impractical decisions to be followed blindly by the organization. Which external environmental driver (factor) of Adidas's strategy is described above? Why? Explain. 2) Let us take the case of a sports clothing brand. The sports brand wants to set up a business in selling gym gears. They want to know about in detail about the kind of clothes people want to wear while exercising in the gym. In naturalistic observation. they started observing people at different gyms and silently leam about the kind of clothes they prefer to wear. To know more about their choices, they conducted a survey and distributed questionnaire containing questions like How much would they like to spend on a sports track pant? What color of gym gear do they prefer to wear while working out? Answer to these questions will provide them the knowledge that was difficult to obtain through observing. This is rescarch (design) example: 3) The following are examples of research objectives for research design: → Understanding how overall training levels are improved by introducing new courses → Examining which variations in wording make potential customers more interested in buying a product → Testing a market's response to a brand-new line of products and/or services 4) Coca-Cola's Share a Coke campaign was a Marketing campaign that encouraged people to share photos of themselves drinking Coca-Cola with their friends. The campaign was extremely successful, generating millions of social media impressions and increasing sales by 3%.
Answers
Social media are interactive technologies that facilitate the creation and sharing of information, ideas, interests, and other forms of expression through virtual communities and networks.
1) The external environmental driver described in the given scenario is the political factor. Adidas's strategy is influenced by the stability of the political situation in the markets they plan to expand into, such as Asia and Latin America. In stable democratic setups, like the ones mentioned, the government is less likely to impose restrictions or introduce impractical decisions that would negatively impact Adidas's operations.
This allows Adidas to operate with more freedom and make decisions based on market demand and their business objectives. For example, the absence of restrictions may enable Adidas to open stores, distribute products, and implement marketing campaigns without facing significant hurdles from the government. This favorable political environment supports Adidas's expansion plans and facilitates its growth in these regions.
2) This scenario demonstrates the research design example of naturalistic observation followed by a survey. The sports clothing brand wanted to gather detailed information about the kind of clothes people prefer to wear while exercising in the gym. They initially used naturalistic observation by silently observing people at different gyms to learn about their clothing choices.
However, to gain more comprehensive knowledge, they conducted a survey and distributed questionnaires. The survey included questions such as the preferred spending on sports track pants and the preferred color of gym gear while working out.
To know more about Social Media visit:
https://brainly.com/question/30194441
#SPJ11
Related Questions
After a sales call, debbie heads back to the office to enter information into the _____ system.
Answers
After a sales call, Debbie heads back to the office to enter information into the CRM system.
A tool known as customer relationship management (CRM) is used to handle all interactions and relationships between your business and its clients.
The objective is straightforward: strengthen business ties to expand your company. CRM systems assist businesses in maintaining contact with clients, streamlining procedures, and boosting profitability.
A CRM system, a technology that aids in contact management, sales management, agent productivity, and other tasks, is what most people mean when they mention CRM.
Today, customer relationship management (CRM) systems can be used to manage customer connections throughout the customer lifecycle, including interactions in marketing, sales, digital commerce, and customer service.
Hence, the correct answer is CRM system.
Learn more about Sales:
https://brainly.com/question/25743891
#SPJ4
You are considering investing in MIT stock and Harvard Stock. The correlation between the two stocks is 0.4. The standard deviation of MIT is 35% and the standard deviation of Harvard is 25%. What is the standard deviation of an equally weighted portfolio of the two? Why is this less than the average standard deviation of 30%?
Answers
The standard deviation of an equally weighted portfolio of MIT and Harvard stocks is approximately 44%. It is lower than the average standard deviation of 30% due to the diversification effect, where the correlation between the stocks helps offset their individual risks.
To calculate the standard deviation of an equally weighted portfolio, we need to consider the individual standard deviations and the correlation between the two stocks. The formula to calculate the portfolio standard deviation is:
σ_portfolio = √[(w_MIT^2 * σ_MIT^2) + (w_Harvard^2 * σ_Harvard^2) + (2 * w_MIT * w_Harvard * ρ)]
Where:
σ_portfolio = Standard deviation of the portfolio
w_MIT = Weight of MIT stock in the portfolio
w_Harvard = Weight of Harvard stock in the portfolio
σ_MIT = Standard deviation of MIT stock
σ_Harvard = Standard deviation of Harvard stock
ρ = Correlation between MIT and Harvard stocks
Assuming an equal weight of 0.5 for both stocks (w_MIT = w_Harvard = 0.5), and substituting the given values:
σ_portfolio = √[(0.5^2 * 0.35^2) + (0.5^2 * 0.25^2) + (2 * 0.5 * 0.5 * 0.4)]
σ_portfolio = √[0.06125 + 0.03125 + 0.1]
σ_portfolio = √0.19375
σ_portfolio ≈ 0.44
The standard deviation of the equally weighted portfolio is approximately 0.44 or 44%.
The reason why the standard deviation of the portfolio is less than the average standard deviation of 30% is due to the diversification effect. By combining two stocks with a positive correlation but different standard deviations, the portfolio's risk is reduced. The correlation between the stocks allows for the fluctuations in one stock to offset the fluctuations in the other, resulting in a lower overall risk for the portfolio.
Learn more about standard deviation
https://brainly.com/question/29115611
#SPJ11
a newspaper article reported on a lawsuit in which independent coffee shops accused a national chain of coffee shops of engaging in an illegal conspiracy to drive them out of business. what promotion element would the national chain of coffee shops most likely use to improve its corporate image, which has been tarnished by these accusations?
Answers
The national chain of coffee shops would most likely use public relation (PR) as the promotional element to improve its corporate image, which has been tarnished by the accusations. Public Relations involves managing the communication between a company and its stakeholders, such as customers, employees, investors, and the general public.
In this case, the national chain of coffee shops can use PR to address the negative publicity and accusations against it by implementing the following strategies:
1. Issuing press releases to clarify their stance on the issue and present their side of the story.
2. Hosting press conferences or interviews to discuss the matter transparently and directly address concerns.
3. Engaging in Corporate Social Responsibility (CSR) initiatives to demonstrate their commitment to local communities and ethical business practices.
4. Collaborating with industry organizations and leaders to ensure compliance with regulations and ethical standards.
5. Utilizing social media and digital platforms to communicate with customers and address their concerns directly. By using Public Relations as the primary promotional element, the national chain of coffee shops can effectively manage their reputation, address the accusations, and work towards rebuilding trust with their customers and stakeholders.
to know about public relations visit:
https://brainly.com/question/27993099
#SPJ11
The tiny town of Nemo has three neighborhoods located on a straight line: Neighborhood 1, Neighborhood 2, and Neighborhood 3, with Neighborhood 2 located equidistant between Neighborhood 1 and Neighborhood 3. There is one daycare center, located on Neighborhood 1. There are 10 families residing in each neighborhood, and each family has one child. Each family is willing to pay $70/day for daycare, and prefers daycare closest to its own neighborhood (though at current distances, families will purchase daycare services even if it’s two neighborhoods away). Families are indifferent between any two daycares in the same neighborhood. Suppose that daycare costs $30/day per child to provide. A new daycare center is thinking of opening in Nemo. If both daycares will keep their price at $70/day, which neighborhood should the new daycare open in?
Answers
Answer:
Neighborhood 2
Explanation:
Based on the information given if NEIGHBORHOOD 2 is located between Neighborhood 1 and Neighborhood 3 which means that in a situation where both daycares decide to keep their price at the amount of $70/day, the neighborhood that the new day care should open in is NEIGHBORHOOD 2 reason been that with NEIGHBORHOOD 2 all the families living in both Neighborhoods 2 and Neighborhoods 3 will be attracted to Neighborhoods 2 and on the other hand won't not be attracted to Neighborhood 1, for the amount of $800/day which is calculated as:
(10 Families *2) * ($70 for day care - $30 per child)
20*40= $800/day
Therefore the neighborhood that the new daycare should open in is NEIGHBORHOOD 2
List five organizations where you could volunteer your services. Describe the type of work you might perform for each organization.
Answers
Answer:
animal shelter: feeding the animals giving them baths and walking them maybe
eldery homes: help them clean up a bit and just talk to them
Explanation:
sorry i cant think of more
Points of Light is the world's largest volunteer organization. We envision a society in which it is simple for anyone to affect change in their community and around the world. A volunteer program is a structure that is used to recruit and manage volunteers while also supporting community volunteer activities.
How do I ask for volunteer work?Explain that you are looking for a volunteer opportunity and that you are particularly enthusiastic about the organization in question. You can even include a sentence explaining why the organization is a good fit for your skills. The first paragraph should pique the reader's interest and make them want to learn more about you.
Volunteering can help you gain confidence by allowing you to try something new and develop a genuine sense of accomplishment. Make an impact. Volunteering can have a significant and positive impact on individuals, communities, and society as a whole. Meet new people. a desire for excellence doing an excellent job requiring a sense of significant accomplishment wanting to change careers/get a job.
Learn more about volunteer service here:
https://brainly.com/question/3537541
#SPJ2
All of the following are true regarding nonqualified deferred compensation plans EXCEPT:
A) IRS approval is not needed for deferred compensation plans.
B) employees may use accumulated funds as collateral for a bank loan.
C) income taxes on compensation are not due until constructive receipt.
D) the plans need not be offered to all employees.
Answers
All of the statements are generally true regarding nonqualified deferred compensation plans, except for statement A which is false. IRS approval is required for nonqualified deferred compensation plans.
These plans are different from qualified plans, which receive favorable tax treatment and are subject to stricter regulations. Nonqualified deferred compensation plans do not have to meet the same standards as qualified plans, and employers have more flexibility in designing and administering them. Nonqualified plans are typically offered to key executives and highly compensated employees, and do not have to be offered to all employees. Employees may use accumulated funds as collateral for a bank loan, and income taxes on the compensation are not due until constructive receipt, meaning when the employee has access to the funds.
All of the following are true regarding nonqualified deferred compensation plans EXCEPT:
B) employees may use accumulated funds as collateral for a bank loan.
Explanation:
A) IRS approval is not needed for deferred compensation plans - This is true as nonqualified plans do not need to meet specific IRS guidelines, unlike qualified plans.
C) Income taxes on compensation are not due until constructive receipt - This is true because taxes are deferred until the employee receives the funds.
D) The plans need not be offered to all employees - This is also true because nonqualified plans can be selectively offered to certain employees, such as executives or key personnel.
To know more about nonqualified deferred compensation plans visit:
https://brainly.com/question/31849542
#SPJ11
5. What is the definition of a want? O A. Something you would like to have but will be okay without it. B. Something that is required or very important. O C. Something you can have every other day. D D. None of the above.
Answers
Answer: A
Explanation:
:)
Answer:
A bc it is means to want sum
Which of the following is an example of telecommuting?
A. Setting up a conference call between two different companies
B. Working from home instead of at the company's main office
C. Scheduling a meeting in the middle of the day
D. Using a computer and slideshow during a meeting
Answers
B. Working from home instead of at the company's main office
Have a great day!
An example of is Working from home instead
Telecommuting is also known as Remote work
Telecommuting refers to the ability granted to an employee to work from remote place apart from the office.
The reason why Organization allows telecommuting are:
Its helps to improve employee efficiencyIts offers schedule flexibilityIts improved employee retention and attraction.In conclusion, the mode of getting work done have been increasing in recent time because its saves cost for both the employee and employer.
Learn more about Telecommuting here
brainly.com/question/3594026
On April 1, 2022, Farid sold a house to Amy. The property tax on the house, which is based on a calendar year, was due September 1,2022. Amy paid the full amount of property tax of $2,700.Required:Calculate both Farid's and Amy's allowable deductions for the property tax. Assume a 365-day year.Note: Do not round your intermediate calculations. Round your final answers to 2 decimal places.AllowableDeductionsFaridAmy
Answers
In the following question, among the conditions given, Farid's allowable deduction for the property tax is $900 and Amy's allowable deduction is $1,800.
When calculating both Farid's and Amy's allowable deductions for the property tax, we can use the proration method. The property tax was due on September 1, 2022.
Since Amy bought the house on April 1, 2022, Farid would have owned the house for 122 days (from January 1 to April 1), and Amy would have owned the house for 244 days (from April 1 to December 31).
First, we can calculate Farid's allowable deduction. Farid's share of the property tax would be prorated for the 122 days that he owned the house. To find this amount, we can use the following formula:
Farid's share = (Number of days Farid owned the house ÷ 365 days) × Property tax Farid's share = (122 ÷ 365) × $2,700 Farid's share = $900
Next, we can calculate Amy's allowable deduction. Amy's share of the property tax would be prorated for the 244 days that she owned the house.
To find this amount, we can use the same formula:
Amy's share = (Number of days Amy owned the house ÷ 365 days) × Property tax Amy's share = (244 ÷ 365) × $2,700Amy's share = $1,800
Therefore, Farid's allowable deduction for the property tax is $900 and Amy's allowable deduction is $1,800.
For more such questions on property tax
https://brainly.com/question/29931103
#SPJ11
a couple who participated in a study on personal finance reported the new monthly expenditures far less than their actual expenditures. this is an example of:
Answers
This is an example of social desirability bias. The tendency to overreport more desirable characteristics while underreporting socially undesirable attitudes and actions is known as social desirability bias.
The propensity for people to display themselves in a generally positive way is known as social desirability. The subject of social desirability has long been and continues to be a source of undesirable debate, especially within the field of self-report evaluation of personality and attitudes. When respondents in a survey reflect socially acceptable actions and attitudes, this is referred to as social desirability bias. In this case, the respondent might have inflated her overall charitable donations in an effort to impress the interviewer.
To learn more social desirability, click here.
https://brainly.com/question/29416949
#SPJ4
What does the concept of scarcity explain?choose three answers
Answers
The concept of scarcity explains:
why consumers are willing to pay high prices for items.why decisions must be made on how to use resourceswhy a single resource has more value than another resource.Scarcity as an economic idea "refers back to the basic reality of lifestyles that there exists most effective a finite quantity of human and nonhuman resources which the first-rate technical expertise is capable of the usage of to provide most effective restricted most amounts of each economic appropriate. shortage in economics refers to whilst the call for for a resource is greater than the deliver of that aid, as assets are limited. shortage consequences in purchasers having to make selections on how high-quality to allocate assets a good way to satisfy all simple needs and as many desires as feasible. shortage refers back to the confined availability of a useful resource in contrast to the infinite desires. shortage may be with appreciate to any natural assets or with admire to any scarce commodity. scarcity can also be called paucity of sources.
Learn more about scarcity here:https://brainly.com/question/3081250
#SPJ1
Answer:
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why a single resource has more value than another resource.
Explanation:
why a product could lose significant value over time.
why people continue to purchase different products.
why consumers are willing to pay high prices for items.
why decisions must be made on how to use resources
why resources can be both renewable and nonrenewable.
why a single resource has more value than another resource.
(i took the test)
Annual bonuses often play a major role in executive compensation and are primarily designed to?
Answers
Annual bonuses often play a significant role in executive compensation and are primarily designed to motivate better short-term performance.
Annual bonuses encourage staff to remain with a company all year long by giving everyone something to look forward to and giving them an incentive to do consistently high-quality work. The average amount of annual bonuses varies significantly from year to year. Some businesses offer a yearly bonus to all employees, while others may have incentive programs detailing the particular criteria for receiving Annual bonuses. It's crucial to grasp your company's policy to completely understand how you will be compensated before accepting a job because each organization can choose how regularly to hand out bonuses and how large those incentives should be.
Learn more about Annual Bonuses here:
brainly.com/question/14788213
#SPJ4
Write any five methods of getting information of foreign employment and discuss any one of them.
Answers
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
Find more information about Foreign employment here:
https://brainly.com/question/10512840
35 points!!!
make a funny comment
Answers
The funny comment is: Why do scientists never trust atoms? Because they are compose of everything.
What is a comment?A funny comment is a witty or humorous remark that brings joy and laughter to others, such as a joke or clever observatiom. Humor is subjective, what one finds funny, another may not.
A funny comment is meant to be amusing and can take various forms, such as a witty observation, a play on words, a sarcastic remark or a silly joke. Humor is subjective, and its purpose is to make people laugh or enjoy. A good funny comment is clever, unexpected, and appropriate, lightens the mood, and creates a positive experience.
Learn more about comment from
https://brainly.com/question/30026509
#SPJ1
A customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts. What are three ways to respond?.
Answers
It should be noted that the rogue vc-turbo engine is reliable because:
It improves acceleration.It economizes fuel.It improves performance regarding emissions.Importance of the turbo engineIt should be noted that VC-Turbo technologies have evolved with a focus on improving performance in major areas such as acceleration, fuel economy as well as emissions.
In a situation where a customer asks if the rogue vc-turbo engine is reliable because it’s new with a lot of moving parts, the customer should be informed that it is reliable as it enhances acceleration and fuel economy.
Learn more about car engine on:
brainly.com/question/25870707
By law, manufacturers and distributors are responsible for providing Safety Data Sheets.
Who else is responsible for providing Safety Data Sheets?
Select the best option.
O
O
Managers
Workers
Importers
Employers
Answers
Managers are responsible for providing Safety Data Sheets.
According to the Hazard Communication Standard (HCS) (29 CFR 1910.1200(g)), which was updated in 2012, the chemical manufacturer, distributor, or importer must give downstream users Safety Data Sheets (SDSs) (previously known as Material Safety Data Sheets or MSDSs) for each hazardous chemical in order to inform them of the hazards.
The SDS and MSDS both include virtually the same information, but today the SDSs must be presented in a standardized, user-friendly, 16-section format. This guideline helps workers who handle dangerous chemicals become accustomed to the format and comprehend the SDSs' contents.
The SDS contains details about the physical, physiological, and environmental dangers of each chemical, as well as information about how to handle, store, and transport each chemical safely.
Learn more about Safety Data Sheets here:
https://brainly.com/question/1442958
#SPJ9
Tax preparation software can help prepare and file your
taxes by
Answers
Charge programming helps you plan and record your personal government forms quicker and more effectively than finishing up paper structures.
It calculates how much you owe and how much the government owes you, keeps things organized, and provides step-by-step instructions.
What is an example of software for preparing taxes online?
You can start your return online with either TurboTax or H&R Block's online service, and a tax professional will review your information and file on your behalf. In addition to the standard software fee and an additional $40 to $50 per state, these services are about the same price as hiring your own tax preparer.
Learn more about government here:
https://brainly.com/question/26119802
#SPJ9
What's your annual income if you're unemployed?
Answers
$46,819
Unemployed Salary
Annual Salary Hourly Wage
Top Earners $57,500 $28
75th Percentile $57,500 $28
Average $46,819 $23
25th Percentile $32,000 $15
Senlo Co., which uses a one-year operating cycle, recognized profits for both financial statement and tax purposes during its two years of operation. depreciation for tax purposes exceeded depreciation for financial statement purposes in each year. These temporary differences are expected to reverse in Years 3, 4, and . At the end of Year 2, the deferred tax liability shown as a non-current liability based on the _____________?
Answers
At the end of Year 2, the deferred tax liability shown as a non-current liability on Senlo Co.'s balance sheet should be based on the temporary differences between the tax and financial accounting treatment of its profits and depreciation expenses.
There are no transient variances in earnings that would cause deferred tax obligations as Senlo Co. recorded gains for financial statement and tax purposes in Years 1 and 2.
Senlo Co. would have recognised smaller profits for tax reasons than for financial statement purposes, nevertheless, because depreciation for tax purposes outweighed depreciation for financial statement purposes in each year. The larger profits reported for financial statement purposes will eventually be taxed in future periods when the tax depreciation catches up to the financial statement depreciation, causing a temporary discrepancy that results in a deferred tax obligation.
As a result, at the conclusion of Year 2, Senlo Co.'s balance sheet's non-current obligation for deferred taxes should be based on transitory differences.
For such more questions on depreciation for financial statement :
brainly.com/question/16098601
#SPJ4
At the end of Year 2, the deferred tax liability shown as a non-current liability on Senlo Co.'s balance sheet should be based on the temporary differences between the tax and financial accounting treatment of its profits and depreciation expenses.
There are no transient variances in earnings that would cause deferred tax obligations as Senlo Co. recorded gains for financial statement and tax purposes in Years 1 and 2.
Senlo Co. would have recognised smaller profits for tax reasons than for financial statement purposes, nevertheless, because depreciation for tax purposes outweighed depreciation for financial statement purposes in each year. The larger profits reported for financial statement purposes will eventually be taxed in future periods when the tax depreciation catches up to the financial statement depreciation, causing a temporary discrepancy that results in a deferred tax obligation.
As a result, at the conclusion of Year 2, Senlo Co.'s balance sheet's non-current obligation for deferred taxes should be based on transitory differences.
Financial statements are reports that provide information about the financial position, performance, and cash flows of a company. These statements are prepared at the end of each accounting period and include the balance sheet, income statement, and cash flow statement. They are used by investors, creditors, and other stakeholders to evaluate a company's financial health and make informed decisions.
For such more questions on financial statement
brainly.com/question/16098601
#SPJ4
Nonresponses as well as answers with a suspicious pattern necessitate ________ in the marketing research process that involves inspecting respondents' answers in the dataset.
A) validating interviewers survey methods
B) a separate phase of the data preparation stage
C) validating respondents' answers
D) a separate type of software analysis
Answers
The correct answer is (B) a separate phase of the data preparation stage. In the marketing research process, nonresponses or answers with a suspicious pattern require careful examination to ensure the data's quality and reliability.
This process is typically conducted as a separate phase within the data preparation stage. During the data preparation stage, researchers clean and organize the collected data to make it suitable for analysis. This stage involves various tasks such as coding, data entry, data cleaning, and validation. When nonresponses or suspicious patterns are observed in the dataset, it is necessary to address them separately to ensure data integrity. This involves inspecting respondents' answers, identifying missing or inconsistent data, and making decisions on how to handle them. Validating respondents' answers is a crucial step in this process. It may involve cross-checking responses with other data sources, conducting follow-up interviews or surveys to clarify ambiguous or contradictory answers, or verifying the accuracy of the provided information. By conducting a separate phase of data preparation to validate respondents' answers, researchers can identify and address any issues that may impact the reliability and validity of the research findings. This ensures that the data used for analysis is accurate, consistent, and representative of the target population, enhancing the overall quality of the marketing research process.
Learn more about marketing here:
https://brainly.com/question/27155256
#SPJ11
Assume that the market for soybeans is purely competitive. Currently, firms growing soybeans are earning positive economic profits. In the long run, we can expect Multiple Choice new firms to enter, causing the market price of soybeans to fall. new firms to enter, causing the market price of soybeans to rise. some firms to exit, causing the market price of soybeans to fall. some firms to exit, causing the market price of soybeans to rise.
Answers
Answer:
I don't understand what the question is supposed to be?
Question 5 1 pts A knowledge problem exists when a. the information available to a decision—maker is not accurate and based on opinion, b. the information needed to make a good decision is not available to a decision-maker. c. a decision-maker refuses to believe or make use of available informalion. d. so much information is available to decision—makers that it is difficult to process all the relevant information.
Answers
A knowledge problem exists when the information available to a decision-maker is not accurate and is based on opinion.
What is decision-making?
Decision-making is the policy of someone who faces a problem and tries to take advantage of the problem.
So that it does not continue to have an impact on unfavorable results. Whether a decision is good or not depends on the quality of the decision, perception, knowledge, and experience of the person.
Learn more about decision-making at https://brainly.com/question/796795
#SPJ4
Company X is interested in improving its compliance with internal control procedures. During 20X1, Company X determined that compliance with internal control procedures was 92%. On December 31, 20X2, Company X took a random sample of 165 instances where internal controls should have been followed and determined that internal controls were followed 153 times. Can Company X conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2 ?
Answers
No, Company X cannot conclude (at the .05 significance level) that the level of compliance with internal control procedures increased in 20X2.
What statistical analysis can be performed to determine if there was a significant increase in compliance?To determine if there was a significant increase in compliance with internal control procedures in 20X2, we need to perform a hypothesis test. The null hypothesis (H₀) would state that there was no increase in compliance, while the alternative hypothesis (H₁) would state that there was an increase. Since we are comparing proportions, we can use a two-sample z-test.
Let's calculate the test statistic:
First, determine the sample proportion for 20X1:
p₁ = 92% = 0.92
Next, calculate the sample proportion for 20X2:
p₂ = 153/165 ≈ 0.927
Now, calculate the standard error:
SE = √[(p₁(1-p₁))/n₁ + (p₂(1-p₂))/n₂]
= √[(0.92(1-0.92))/n₁ + (0.927(1-0.927))/n₂]
Assuming a significance level of 0.05, we need to find the critical z-value from the standard normal distribution. If the test statistic falls beyond this critical value, we can reject the null hypothesis.
Finally, calculate the test statistic:
z = (p₂ - p₁) / SE
Compare the test statistic with the critical z-value to make a decision regarding the null hypothesis.
Learn more about: Company X
brainly.com/question/19659292
#SPJ11
Can someone please help me with this!!!!
Answers
Answer:
Eh easy aall you have to do is pay 4,305 dolllars
Explanation:
Case Study 2: Supply, Demand and Market Efficiency ECON 1101 Principles of Economics Due date: Saturday, July 16 by 11:59 p.m. 1. Fast food saw an increasing shift to automation in 2016, with Mcdonalds widely adopting "Create your Taste" electronic kiosks where customers could place their order. Many customers are finding that automation adds consistency, gives greater opportunities for customization, and reduces human error. Publications including Forbes, Business Insider, and more report that the fight for higher minimum wages has expedited this shift. Corporate leaders such as former President and CEO of McDonalds USA argue the success of "The Fight for 15" in states such as California has resulted in the closure of many small businesses, unable to pay the rising costs of labour and lacking the resources to switch to machines. Let’s consider the labor market for fast food and the possible impact of a minimum wage. (a) A supply and demand curve for the fast food labor market is presented below. Show the effect of imposing a $15 minimum wage on the labor price and quantity. Is there a shortage or surplus of labor? (b) Suppose we are in an economy with a more inelastic demand curve, repeat exercise (a). How does the employment and unemployment compare to before? Draw a supply-and-demand diagram to explain. 1 (c) Now suppose the Secretary of Labor proposes an increase in the minimum wage. What effect would this increase have on employment? How does that depend on the elasticity of demand and the elasticity of supply? (d) Comment on how automation affects the elasticity of demand for labour. Would easy access to automation make demand relatively more or less elastic? 2. Read the news material on page 146 of the textbook, and provide your answers to the following questions: (a) Why do you think the producers of Hamilton charge much less for tickets than the ticket resellers charge? (b) Do you think there should be laws against reselling tickets above their face value? Why or why not? 2
Answers
A supply and demand curve for the fast food labor market is presented below. Show the effect of imposing a $15 minimum wage on the labor price and quantity.
Is there a shortage or surplus of labor?Suppose that the current labor market wage rate for fast food workers is $8 per hour.
There is equilibrium in this market at a wage rate of $8, where 3,000 workers are willing to work and 15,000 jobs are available for them to work at. This implies that the demand and supply curves intersect at a wage rate of $8, which is also the equilibrium wage rate.The labor market demand and supply curves are shown below.Imposing a $15 minimum wage on the labor market would increase the wage rate by $7 per hour, which is the difference between the minimum wage of $15 per hour and the current wage rate of $8 per hour. This increase would shift the labor market supply curve upwards to the left, as more workers would be willing to work at the higher wage rate. However, it would also shift the labor market demand curve downwards to the left, as firms would be willing to employ fewer workers at the higher wage rate.There would be a surplus of labor at the higher wage rate of $15 per hour, as the quantity of labor supplied (6,000 workers) would exceed the quantity of labor demanded (12,000 jobs) at this wage rate.
(b) Suppose we are in an economy with a more inelastic demand curve, repeat exercise (a). How does the employment and unemployment compare to before?In an economy with a more inelastic demand curve, a minimum wage increase would have a larger negative effect on employment and a smaller positive effect on wages, compared to an economy with a more elastic demand curve.
This is because firms would find it more difficult to reduce the quantity of labor demanded at the higher wage rate in an economy with a more inelastic demand curve, as the responsiveness of demand to changes in the wage rate would be lower.
As a result, there would be a larger surplus of labor and a smaller increase in the wage rate at the higher minimum wage.
The diagram below shows the effect of a $15 minimum wage in an economy with a more inelastic demand curve, where the quantity of labor demanded falls from 15,000 to 13,000.
There would be a larger surplus of labor (4,000 workers) and a smaller increase in the wage rate ($5 per hour) in this case compared to an economy with a more elastic demand curve.
(c) An increase in the minimum wage proposed by the Secretary of Labor would have a negative effect on employment, as firms would find it more expensive to hire workers at the higher wage rate.
The magnitude of the negative effect on employment would depend on the elasticities of demand and supply for labor. If the demand for labor is more elastic than the supply of labor, then the negative effect on employment would be larger. This is because firms would be more responsive to changes in the wage rate and reduce the quantity of labor demanded more sharply. If the supply of labor is more elastic than the demand for labor, then the negative effect on employment would be smaller.This is because workers would be more responsive to changes in the wage rate and supply more labor at the higher wage rate.
(d) Comment on how automation affects the elasticity of demand for labour. Would easy access to automation make demand relatively more or less elastic?
Automation reduces the elasticity of demand for labor, as firms can use machines to replace workers and reduce their dependence on labor. This makes the demand for labor less responsive to changes in the wage rate, as the substitution effect of a higher wage rate on machines becomes relatively more attractive.As a result, firms would be less willing to hire workers at a higher wage rate and would be more likely to replace them with machines if they have easy access to automation. Therefore, easy access to automation would make demand for labor relatively less elastic.To know more on demand visit:
https://brainly.com/question/30402955
#SPJ11
As a result of a decrease in the demand for U. S. Dollars, there has been a depreciation in the value of the U. S. Dollar relative to New Zealand dollars. The depreciation in the U. S. Dollar has benefitted some groups but harmed others. Indicate which of the groups are winners and which are losers from the standpoint of the depreciation of the U. S. Dollar.
You are currently in a labeling module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop. A. Todd, an American, goes to visit New Zealand for spring break.
B. An investment bank in New Zealand is interested in purchasing U. S. Government bonds.
C. Goodyear, a firm based in the United States, sells car tires in New Zealand.
D. A family from New Zealand visits relatives in the United States.
E. A firm from New Zealand sells handbags in the United States.
F. An electronics manufacturer based in the United States purchases a high tech company in
New Zealand
Answers
As a result in the dcrease in demand and value of the U.S dollar as against the New Zealand dollars, the groups that will benefit as those who have New Zealand dollars to spend or in investments
Effect of decrease in value of U.S dollars
Group of Winners
B. An investment bank in New Zealand is interested in purchasing U. S. Government bonds.
C. Goodyear, a firm based in the United States, sells car tires in New Zealand
D. A family from New Zealand visits relatives in the United States
E. A firm from New Zealand sells handbags in the United States.
Group of Lossers
A. Todd, an American, goes to visit New Zealand for spring break.
F. An electronics manufacturer based in the United States purchases a high tech company in
New Zealand
Learn more about the value of the U.S dollars here:
https://brainly.com/question/24278371
HELP PLEASE!
1. The Inca civilization's city of Machu Pichu is an example of...
exceptional creative skills
exceptional political skills
exceptional engineering skills
exceptional life skills
2. Before you start practicing as an architect, you must first be certified through:
the NCAA (the National College Athletics Association)
the NWAC (the Northwest Accreditation Committee)
the NCARB (the National Council of Architectural Registration Boards)
the ITSE (the International Technology Symposium of Engineers)
3. Some warehouses and factories may utilize the services of:
an artist
a digital animator
an architect
a meteorologist
4. Ancient architects have used the principles of design to build which of the following?
Homes
Public spaces
Temples & religious spaces
All of the answer choices are correct
5. When researching which career that interests you the most, why is it important to also consider the projected growth of the profession?
It reveals who your competition might be.
It reveals the possible number of jobs that will be available in the field.
It directly relates to how many professional friends you will be making in the future.
Projected growth has no relevance in today's society.
6. An architect will create a design taking into account which factors?
Type of software used to create the architectural design
The quality of paper on which the design is printed
The specific color codes used to indicate the structures in the local area
None of the answer choices are correct
7. Architectural firms bid on what type of projects?
Land excavation projects
Land reclamation projects
Urban space beautification projects
Government and private projects
8. To be an effective City Planner, you must have the ability to work with:
others as well as independently
both structural and mechanical engineers
water quality specialists and pollution controllers
Interior design firms and Urban Planners
9. The structures that a structural engineer designs and builds must take into account which of the following?
Weather
Traffic
Changes in temperature in the structure
All of the answer choices are correct
10. A city planner is responsible for developing effective plans for the development and use of land in which of the following places?
Urban regions
Metroplexes
Small Towns
All of the answer choices are correct
Answers
2.NCARB
3. An architect
4. All of the above
5. It reveals possible number of jobs
6. None of the above
7. Government and private projects
8. Others as well as indepently
9. Traffic
10. Urban regions
Given this information:
Lead time demand = 600 pounds
Standard deviation of lead time demand = 52 pounds(Assume normality)
Acceptable stockout risk during lead time = 4 percent
a. What amount of safety stock is appropriate?
b. When should this item be recorded?
c. What risk of stockout would result from a decision not to have any safety stock?
Answers
a. An appropriate amount of safety stock would be 85.28 pounds. b. The lead time demand is 600 pounds, so the item should be recorded when it is received or shipped out in that quantity.
a. To determine the appropriate amount of safety stock, we need to use the formula: Safety stock = Z-score x standard deviation of lead time demand. The Z-score corresponding to a 4% acceptable stockout risk is 1.64 (found using a normal distribution table). Therefore, the safety stock = 1.64 x 52 pounds = 85.28 pounds. So, an appropriate amount of safety stock would be 85.28 pounds.
b. This item should be recorded when the lead time demand occurs. The lead time demand is 600 pounds, so the item should be recorded when it is received or shipped out in that quantity.
c. If there is no safety stock, then the risk of stockout would increase. The amount of risk would depend on the lead time demand and the standard deviation of lead time demand. If there is no safety stock, then the stock level would be at the lead time demand, so any demand that exceeds that amount would result in a stockout. This means that the risk of stockout would be higher than the acceptable 4% risk. In order to maintain an acceptable level of stockout risk, it is important to have an appropriate amount of safety stock.
For more about safety stock:
https://brainly.com/question/30906540
#SPJ11
Your firm has an average receipt size of $85. A bank has approached you concerning a lockbox service that will decrease your total collection time by 2 days. You typically receive 8,600 checks per day. The daily interest rate is 0.013 percent.
If the bank charges a fee of $180 per day, what is the NPV of the lockbox project?
What would the net annual savings be if the service were adopted?
Answers
To calculate the NPV (Net Present Value) of the lockbox project, we need to consider the initial cost and the cash inflows over the project's life.
First, let's calculate the total time savings provided by the lockbox service. It decreases the total collection time by 2 days. Since you receive 8,600 checks per day, the lockbox service would save you 8,600 checks/day * 2 days = 17,200 checks.
Next, we need to calculate the annual savings. Since there are 365 days in a year, the annual savings would be:
17,200 checks/day * 365 days = 6,278,000 checks/year.
The lockbox service fee is $180 per day. Therefore, the annual cost of the lockbox service would be:
$180/day * 365 days = $65,700/year.
To calculate the NPV, we need to discount the annual savings at the daily interest rate of 0.013%. Let's assume the project has a lifespan of 5 years.
Using the formula for calculating NPV:
NPV = (Annual Savings / (1 + Discount Rate)^Year) - Initial Cost
Year 1:
NPV = ($65,700 / (1 + 0.00013)^1) - Initial Cost
Year 2:
NPV = ($65,700 / (1 + 0.00013)^2) - Initial Cost
Year 3:
NPV = ($65,700 / (1 + 0.00013)^3) - Initial Cost
Year 4:
NPV = ($65,700 / (1 + 0.00013)^4) - Initial Cost
Year 5:
NPV = ($65,700 / (1 + 0.00013)^5) - Initial Cost
To calculate the net annual savings, we subtract the lockbox service cost from the annual savings:
Net Annual Savings = Annual Savings - Lockbox Service Cost
Net Annual Savings = $6,278,000 - $65,700 = $6,212,300.
The NPV of the lockbox project is the sum of the discounted cash flows over the project's life minus the initial cost. To calculate the NPV, we subtract the initial cost from the sum of the discounted annual savings:
NPV = Sum of (Annual Savings / (1 + Discount Rate)^Year) - Initial Cost
Finally, you can calculate the NPV and the net annual savings by plugging in the appropriate values into the formulas above.
To know more about net present value visit
https://brainly.com/question/32720837
#SPJ11
Suppose that cheese is a normal good for Raj
while crackers are an inferior good. If the price of
cheese falls, what happens to Raj’s consumption
of crackers? What happens to his consumption of
cheese? Explain.
Answers
If cheese is a normal good for Raj while crackers are an inferior good, then if the price of cheese falls, his consumption of cheese will increase. On the other hand, his consumption of crackers will decrease when the price of cheese falls.
Here is an explanation:
When cheese, which is a normal good for Raj falls in price, the purchasing power of Raj’s income increases. This increased purchasing power allows Raj to buy more of both goods that is cheese and crackers. As cheese is a normal good, the increase in Raj's income will lead to an increase in his consumption of cheese.
On the other hand, when the price of cheese falls, the income effect for crackers is negative because crackers are inferior goods. So, when the price of cheese falls and Raj's income increases, he will decrease his consumption of inferior good crackers. This is because he can now afford more cheese, which he prefers over crackers.
Hence, when the price of cheese falls, Raj’s consumption of cheese will increase and his consumption of crackers will decrease.
To know more about consumption visit:
https://brainly.com/question/25411156
#SPJ11