Starting a small business is a challenging endeavor—what are some important factors that contribute to the success of a small business? What are some of the first steps that should be taken if someone is interested in starting a small business?

Answers

Answer 1

Answer:

Business licenses and permits issued by the state and municipal governments.

Equipment.

Legal expenses, particularly if you intend to incorporate.

Insurance for businesses.

Creating a brand and a website.

Market research is essential.

Inventory.

Publicizing.

Explanation:

Describe your business concept and future ambitions in your vision. Describe the sort of business you're starting, how you want it to expand in the coming year, and where you want to be in five years.

Mission: Describe the products and services you want to offer, your target market, and your unique selling proposition (what you will offer that your competitors do not). Take note of if you intend to be a home-based business that sells mostly online or if you intend to have a physical presence.

Pricing Strategy: You must create a competitive rate that will attract consumers while still allowing you to make a profit. This part should also provide a forecast of your company's earnings and costs.


Related Questions

Describe six factors that can affect participation in sport and active leisure.
Explain trends in participation in sport and active leisure.

Answers

Answer:

나는 매우 미안하지만 대답을 모른다.나는 매우 미안하지만 대답을 모른다.

Answer:

True

Explanation:

Competitive sports are a form of active leisure. Passive leisure is just as beneficial as active leisure. When setting your schedule, it is sometimes necessary to tell people "No." Free time takes priority over committed time.

what are the two basic factors for selecting business?

Answers

Answer:

The two basic factors are

Supply and Demand

2 factors for selecting business will be Market demand and Capital Finances.

Market Demand-

Research the market or the level of interest in your product or service.

Who are your customers? should be the first question you address. You might need to evaluate the demand for your product or service if you plan to offer it locally.

You may need to be familiar with international business laws and customs if you plan to engage in international business.

Capital Finances -

In current world, no firm can function without funding. You will be able to determine the amount of capital you will need to launch your business based on the sort of enterprise you are launching and the startup expenses you will be required to cover.

Whatever route you choose to finance your company, you must ensure that you have the necessary resources to see it through the early stages.

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List excel formulas for n 20--, the annual salaries paid each of the officers of Abrew, Inc., follow. The officers are paid semimonthly on the 15th and the last day of the month. Compute the FICA taxes to be withheld from each officer’s pay on (a) November 15 and (b) December 31.

Name and Title Annual Salary OASDI Taxable Earnings OASDI Tax HI Taxable Earnings HI Tax

Hanks,Timothy, President $168,000

Grath, John, VP Finance 144,000

James,Sally, VP Sales 69,600

Kimmel, Joan, VP Mfg. 54,000

Wie, Pam, VP Personnel 51,600

Grant, Mary, VP Secretary 49,200

Answers

To calculate FICA taxes to be withheld from each officer's pay, we need to first calculate their semi-monthly salaries and then their OASDI and HI taxable earnings.

Assuming there are 24 pay periods in a year (12 months * 2 pay periods per month).

The semi-monthly salaries for each officer are as follows:

Hanks, Timothy, President: 168,000 / 24 = $7,000

Grath, John, VP Finance: 144,000 / 24 = $6,000

James, Sally, VP Sales: 69,600 / 24 = $2,900

Kimmel, Joan, VP Mfg.: 54,000 / 24 = $2,250

Wie, Pam, VP Personnel: 51,600 / 24 = $2,150

Grant, Mary, VP Secretary: 49,200 / 24 = $2,050

To calculate OASDI taxable earnings, we need to know the wage base limit for the year. For 20--, the wage base limit is $142,800.

The OASDI taxable earnings for each officer are as follows:

Hanks, Timothy, President: Min($7,000, $142,800) = $7,000

Grath, John, VP Finance: Min($6,000, $142,800) = $6,000

James, Sally, VP Sales: Min($2,900, $142,800) = $2,900

Kimmel, Joan, VP Mfg.: Min($2,250, $142,800) = $2,250

Wie, Pam, VP Personnel: Min($2,150, $142,800) = $2,150

Grant, Mary, VP Secretary: Min($2,050, $142,800) = $2,050

To calculate HI taxable earnings, there is no wage base limit. All earnings are subject to HI tax.

The HI taxable earnings for each officer are as follows:

Hanks, Timothy, President: $7,000

Grath, John, VP Finance: $6,000

James, Sally, VP Sales: $2,900

Kimmel, Joan, VP Mfg.: $2,250

Wie, Pam, VP Personnel: $2,150

Grant, Mary, VP Secretary: $2,050

To calculate the FICA taxes to be withheld from each officer's pay, we need to use the following formulas:

OASDI Tax = OASDI Taxable Earnings * 6.2%

HI Tax = HI Taxable Earnings * 1.45%

Using these formulas, the FICA taxes to be withheld from each officer's pay on November 15 and December 31 are as follows:

Name and Title OASDI Tax (November 15) HI Tax (November 15) OASDI Tax (December 31) HI Tax (December 31)

Hanks, Timothy, President $434.00 $101.50 $434.00 $101.50

Grath, John, VP Finance $372.00 $87.00 $372.00 $87.00

James, Sally, VP Sales   $179.80 $41.95 $179.80 $41.95

Kimmel, Joan, VP Mfg.         $139.50 $32.33 $139.50 $32.33

Wie, Pam, VP Personnel $133.40 $31.03 $133.40 $31.03

Grant, Mary, VP Secretary $127.40 $29.68 $127.40 $29.68

Note that the OASDI tax rate is 6.2% and the HI tax rate is 1.45%, and these rates do not vary with the semi-monthly salaries of the officers.

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Develop a personal strategic plan as a business graduate in today’s globalized world that defines the key skills /attributes that give you a competitive advantage in the global pool. What are the unique skills that will make a company want to hire you in the ever increasing global market. Using the tools explored by businesses to maintain their competitive advantage devise your individual personal strategic plan.​

Answers

Answer:

In a globalized world, there are many skills that a business major should have in order to be competitive, among these skills:

Problem-solving abilitiesInterpersonal skillsSoft skillsProfessional skills

It would also be important to add a unique bent to your formation, for example, learning a bit of data science and programming as a business major would add a lot of value, and make you stand out.

Freida bought an arcade gaming system with a sticker price of $2500. She received an installment loan and will pay $150 per month for 2 years. When the loan has been paid in full, how much will Freida have paid for the arcade system?

Answers

Answer:3600

Explanation:

When the loan has been paid in full, $3600 will Freida have paid for the arcade system.

To figure out how much Freida spent for the arcade system, multiply the amount she paid each month by the number of days in two years, which is 24.

number of months in 2 years = 12 + 12

number of months in 2 years =  24

will pay $150 per month

$150 × 24 = $3600.

When the loan is paid in full, the arcade equipment will cost $3600.

As a result, the significance of the Freida have paid for the arcade system are the aforementioned.

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PLS HELPPPPP MEEE FAST

PLS HELPPPPP MEEE FAST

Answers

Answer:

Explanation:

the price of the domestic currency with respect to another currency.

so  a

Which stage of the product development cycle first involves a deep look into whether the demand is high enough to make the product profitable? A. test market B. financial analysis C. commercialization D. idea evaluation

Answers

Answer:

b

Explanation:

Apple rolled out new versions of its popular iPod music player. CEO Tim Cook also unveiled cheaper models of its Touch music player, a touchscreen-only device. An 8-gigabyte version now costs $229, down from $299. A 32-gigabyte model costs $399, down from $499. Suppose when the price of an iPod decreases by 20 percent, the number of songs downloaded on iTunes increases by 30 percent. Based on this information iTunes are
A. complements to iPods.
B. substitutes for iPods.
C. an inferior good.
D. a normal good.

Answers

Answer:

It should be A

Explanation:

I hope this helps

The U.S. Rice Millers’ Association claims that if the Japanese rice market were opened to imports by lowering tariffs, the resultant lower prices would save Japanese consumers about $6 billion annually. The Japanese government continues to use the high tariffs to make sure local farmers can earn a living. The tariff on rice is an example of

Answers

Answer: Protectionism

Explanation:

Protectionism occurs when the industries in a particular country are being protected from foreign competition by the government of that economy. Protectionism is done through the imposition of tariffs, quotas or total ban on the products of other countries.

In the question, the tariff on rice is an example of protectionism as the tariff will lead to an increase in the price of the foreign rice and the people will have to buy from the local rice suppliers. In this case, the local industry is protected.

2. Sales projections (LO2) Cyber Security Systems had sales of 3,000 units at $50 per unit last year. The marketing manager projects a 20 percent increase in unit volume sales this year with a 10 percent price increase. Returned merchandise will represent 6 percent of total sales. What is your net dollar sales projection for this year?

Answers

Answer:

hjkbwhdnejm

Explanation:

sdvfbnhmjsdjfkmasdfhjk

>>
Which of these masking techniques is used for masking a flush-mounted part?
O Reverse masking
O Back masking
O Reverse taping
O Fine line masking

Answers

A lot of painter use different type of masking techniques. The type of masking techniques that is used for masking a flush-mounted part is  Fine line masking.

Fine Line tapes are known too have thin, smooth backings  that are made to create low-profile paint edges.

A painter can also have a sharp paint lines by using fine line tapes with smooth backings coated with  some adhesives to stop paint edge  bleed.

Scotch Fine Line 218, a type of fine line masking tape is made for straight   line application, and it can be found in nine narrow widths for a number of paint striping  options.

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Develop a managerial report (1,000-1,250 words) summarizing your analysis of the OEI service capabilities. Make recommendations regarding the number of technicians to be used when OEI reaches 20 and then 30 customers, and justify your response. Include a discussion of the following issues in your report:

What is the arrival rate for each customer?
What is the service rate in terms of the number of customers per hour? (Remember that the average travel time of 1 hour is counted as service time because the time that the service technician is busy handling a service call includes the travel time in addition to the time required to complete the repair.)
Waiting line models generally assume that the arriving customers are in the same location as the service facility. Consider how OEI is different in this regard, given that a service technician travels an average of 1 hour to reach each customer. How should the travel time and the waiting time predicted by the waiting line model be combined to determine the total customer waiting time? Explain.
OEI is satisfied that one service technician can handle the 10 existing customers. Use a waiting line model to determine the following information: (a) probability that no customers are in the system, (b) average number of customers in the waiting line, (c) average number of customers in the system, (d) average time a customer waits until the service technician arrives, (e) average time a customer waits until the machine is back in operation, (f) probability that a customer will have to wait more than one hour for the service technician to arrive, and (g) the total cost per hour for the service operation.
Do you agree with OEI management that one technician can meet the average 3-hour service call guarantee? Why or why not?
What is your recommendation for the number of service technicians to hire when OEI expands to 20 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What is your recommendation for the number of service technicians to hire when OEI expands to 30 customers? Use the information that you developed in Question 4 (above) to justify your answer.
What are the annual savings of your recommendation in Question 6 (above) compared to the planning committee's proposal that 30 customers will require three service technicians? (Assume 250 days of operation per year.) How was this determination reached?

Answers

The purpose of this research is to examine the service proficiency of OEI and suggest suitable  staffing levels for accommodating a growing clientele of 20 and 30.

1. Arrival Rate for Each Customer:  1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

3. Travel Time and Waiting Time: The waiting time starts from the moment the customer contacts OEI until the machine is back in operation, including both travel and repair time.

What is the managerial report

1. Arrival Rate for Each Customer:  1.25 customers per hour.

Based on historical data, the arrival rate for each customer is calculated by dividing the total number of customers by the total time. let us say that OEI receives an average of 10 customers per day, and the service operates for 8 hours a day. So, the arrival rate per customer is:

10 customers / 8 hours

= 1.25 customers per hour.

2. Service Rate in Terms of Customers per Hour: 1/3 customers per hour.

The service rate takes into account the time required to complete a repair, including travel time. OEI estimates that each service call takes approximately 1 hour for travel time and 2 hours for the actual repair. So, the service rate is:

1 customer / 3 hours

= 1/3 customers per hour.

3. Travel Time and Waiting Time:

OEI is different from traditional waiting line models since service technicians need to travel an average of 1 hour to reach each customer. In this case, the travel time and waiting time predicted by the waiting line model should be combined to determine the total customer waiting time.

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Suppose a perfectly competitive firm with total cost function given as: TC = Q³-50² +300 + 10 5.1. Given the equilibrium price for the product in the market is $6, find profit maximizing level of output and the maximum profit generated, and show if margina cost is increasing, decreasing or at its minimum at this point.

Answers

At the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.

The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.

How to explain the information

The total cost function given is: TC = Q³ - 50² + 300 + 10

MC = d(TC)/dQ

MC = d(Q³ - 50² + 300 + 10)/dQ

= 3Q² - 100Q

When Q = 35, MC = 3(35)² - 100(35) = 175

So, at the profit-maximizing level of output, the quantity (Q) is approximately 35 units, and the marginal cost (MC) is $6.

TR = P * Q

= $6 * 35

= $210

TC = Q³ - 50² + 300 + 10

= 35³ - 50² + 300 + 10

= 42875 - 2500 + 300 + 10

= 40585

Profit (π) = TR - TC

= $210 - $40585

= -$40375

The maximum profit generated at the profit-maximizing level of output is approximately -$40,375.

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it’s busy at the bakery counter and a loyal customer/member stops you to chat as he’s talking you notice another customer/member nearby who needs help.

Answers

Working in a bakery, a place that is always busy means having to multitask frequently. It's typical for a regular customer to stop by and ask how things are going or how the day is going. While they might mean well, it's vital to be alert and conscious of any other customers who may require assistance.

If you are working the bakery counter and one of your regulars, who is also a loyal customer/member, stops you for a chat, it's your duty to be courteous and give them a listening ear. You don't want to come across as rude or dismissive of them, especially if they are a regular customer. You must, however, also be attentive to your surroundings and the needs of other customers.

During a conversation, you must keep an eye on the other customers who are waiting in line or who may have a question. Take the time to listen to your customer, but remain aware of your surroundings. Maintain eye contact with the customer who is talking to you while also keeping an eye on the other customers in line.

If you notice that the other customer needs assistance, such as if they are raising their hand, looking around, or seeming agitated, you should politely interrupt the conversation and assist them. You can tell the customer that you are eager to help them but that you need to address the needs of the other customer first. They will understand and appreciate the honesty and effort.

In conclusion, it's critical to maintain a balance between showing concern for regular customers and being attentive to the needs of other customers. Being courteous and attentive to your customers is critical in the bakery business, as it can make or break your reputation and business.

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Explain other advantages of the autociatic leadership style. se Se busines​

Answers

The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.

Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.

Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.

However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.

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Sally Hamilton has performed well as the chief financial officer of the Maxtech Computer Company and has earned a bonus. She has a choice among the following three bonus plans: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) A $50,000 cash bonus paid now. A $10,000 annual cash bonus to be paid each year over the next six years, with the first $10,000 paid now. A three-year $22,000 annual cash bonus with the first payment due three years from now. Required: Evaluate the three alternative bonus plans. Sally can earn a 6% annual return on her investments. (Round your answers to nearest whole dollar amount.) What is the present value of the first alternative

Answers

Answer and Explanation:

First alternative Present value;

= $50,000

The $50,000 is to be paid now so this is its present value.

Second alternative;

This is an Annuity due as the first payment is now. The present value is;

= 10,000 * Present Value of Annuity dude factor for 6 years, 6%

= 10,000 * 5.2124

= $52,124

Third alternative;

= 22,000/(1 + 6%)^3 + 22,000/(1 + 6%)^4 + 22,000/(1 + 6%)^5

= $52,337

The third alternative should be chosen as it offers the highest present value.

Sally Hamilton has performed well as the chief financial officer of the Maxtech Computer Company and

Examples of stress include:

A) when you are happy
B) when you are running out of time to complete a task
C) when you are studying for a test, but forgot your notes
D) when somebody gives you a compliment
E) when you lose a friend

Answers

Answer:

B, C, E

Explanation:

All of these scenarios are negative and can put you in a stressful situation.

I
The constant growth formula is a good tool to use to value companies in the
industry.
O technology
2000
о
pharmaceutical
utility
I DON'T KNOW YET

Answers

The constant growth formula is typically applied more commonly in the utility industry.

The constant growth formula, also known as the Gordon Growth Model, is commonly used to value companies in industries with stable and predictable dividend growth rates. It assumes that the company's dividends or earnings will grow at a constant rate indefinitely. However, it may not be the most suitable tool for valuing companies in every industry.

The constant growth formula can be a useful tool for valuing companies in certain industries like utilities, but it may not be the most appropriate choice for valuing companies in the technology or pharmaceutical sectors.

Utility companies often exhibit stable and predictable cash flows, making them suitable candidates for valuation using the constant growth model.

Therefore, the correct option is utility.

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1- your FICO credit score based on which of these (there can be more than one right than one right answer )


A) how much money you owe

B) whether you've plaid on time or late

C) how long new credit you have

E) whether you asked for new credit recently


2- Your FICO credit score calculated on which of these (there can be more than one right answer)


A) Payment History

B) amounts owed

C) length of credit history

D) New Credit

E) Credit Mix


3- How long does a bankruptcy stay on your credit?


4- What should you do if you find something incorrect on your credit report?


5- You are entitled to two free credit reports per year per bureau

true or false


6- If you find something in error on your report and you report it in writing to the bureau, what must they do?


7- What is a credit freeze?


8- Does your age factor into your credit score

yes or No
9- Does your marital status factor into your credit score

yes or No


10- what is a mix of Credit mean?


11- At what percentage of credit card usage, does it start affecting your score in a negative way?

Answers

Answer:

Ll

Explanation:

1- all

2-all

3- 7 year

4-

5-f

6- the credit bureau investment your claim

8- ifree way to limit who can see your credit report

Advertisements masquerade as media content by:
A. persuading us to buy a product.
B. breaking crucial news stories.
C. being entertaining and funny,

Answers

Answer:A

Explanation:

Persuading is a way to to gain attraction

Assume that a properties CAM expense is 30,000 per year and 60% fixed. The occupancy is 70%.

Answers

$30000 value should be entered in the Amount 1 field in the Operating tab.

What is CAM expense?

Common Area Maintenance charges, or CAM for short, are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property. Each tenant pays their pro rata share of a property's total CAM charges, which prorated share is the percentage of the tenant's rented square footage of the total, rentable square footage of the property. A common example of a CAM item is the cost of cleaning the walkways in a shopping mall.

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What basic business principle does the author of your reading material state that automakers ignored in recent years, leading to the need for an industry bailout?​

Answers

A sustainable financial model that is adaptable to changing market conditions is what was ignored

The principle that was ignored

The core concept that industry titans overlooked, eventually necessitating a bailout, was constructing and sustaining a pliable monetary ploy attuned to shifting market conditions.

Prior to the aid package, auto-manufacturers homed in on sales of high fuel-consumption SUVs and trucks which were appealing due to inexpensive gas costs combined with easily accessible credit.

The dismayingly tardy adaptation to changing patron likes for more fuel-thrifty and environment friendly motorsides - along with mounting rivalry from overseas powerhouses - drove automakers into a perilous condition, where they ultimately felt the blow of 2008’s global fiscal crunch, harshly diminshing productivity as well as profits.

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Which of the following is a function of the Federal Reserve System Board of Governors?

Answers

Answer:

The answer is below

Explanation:

The Federal Reserve System Board of Governors is one of the five branches of the Federal Reserve System. Their roles involve carrying out the analysis of economic data, executing supervision of Reserve Banks, establishing and overseeing financial regulations.

The board comprises seven members with 14-year terms. They also partake in the Federal Open Market Committee and as well liaising with leaders in other parts of the government.

Answer:

Communicates with government leaders.

Explanation:

The Federal reserve only worries about banks and money, they do not go out of their way to communicate with leaders.

Also, I took the test and got the question right.

Lannister Manufacturing has a target debt-equity ratio of 0.57. Its cost of equity is 21 percent, and its cost of debt is 10 percent. If the tax rate is 34 percent, what is the company's WACC?


Multiple Choice

16.56%


11.83%


14.98%


12.79%


15.77%

Answers

The Weighted average cost of capital (WACC) is E. 15.77%.

How to find the weighted average cost of capital (WACC)?

Using this formula to find the WACC

WACC = Weighted of debt × cost of debt × (1- tax rate) + Weighted of equity × cost of equity

Let plug in the formula

WACC = (1/1.57)(.21) + (.57/1.57)(.10)(1 − .66)

WACC = 0.13375 + 0.02396

WACC = 0.1577 × 100

WACC = 15.77%

Therefore the correct option is E.

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Mr Ashok has a company, and has an option to issue different types of preference shares. State all the types preference shares a company can issue.

Answers

A company can issue different types of preference shares. Preference shares are shares in the equity of a company that entitle the holder to a fixed dividend amount to be paid by the issuer. The types of preference shares are:
Cumulative preference shares: These are types of shares where shareholders are given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Non-cumulative preference shares: These are types of shares where shareholders are not given the right to receive dividends for those years where dividends could not be paid due to insufficient profits.
Participating preference shares: With participating preference shares, the issuing company must pay an increased dividend to the owners of preference shares if there is a participation clause in the share agreement. This clause states that a certain portion of earnings (or of the dividends issued to the owners of common stock) will be distributed to the owners of preferences shares in the form of additional dividends.
Convertible preference shares: These are preference shares that can be converted into common stock if a shareholder wants to change its holding position. They are converted into a predetermined number of preference stocks.
Non-convertible preference shares: These are preference shares where the holder of a preference share has not been conferred the right to get their holding converted into equity share.
Redeemable preference shares: These are preference shares that can be repurchased or redeemed by the issuing company at a fixed rate and date.
In summary, a company can issue different types of preference shares, including cumulative, non-cumulative, participating, convertible, non-convertible, and redeemable preference shares.

Joseph and Krystal are part of your social group. They joined Missile’s Financial Services together as middle managers. Each one, reports to a different senior manager. These senior managers report to the Managing Director. Once a month after payday, Joseph, Krystal and other members of the social group all try to have lunch together.

Joseph is very distressed. ‘I’ve had an awful week and this morning was the worst!’ He recounts what happen between himself and Nicholas, his manager.

‘Nicholas and I were to meet with a new supplier to finalize a contract. I have been dealing with the supplier all this time, over two and a half months and we just needed to finalize the costing. We had reached an agreement about the cost that both of us were comfortable with. For the past two weeks, I have been trying to get Nicholas to look at the contract and agree the figures etc. We really need this guy’s company. They are fast and have a great reputation for products and services. The price is good and they are willing to customize the stationary, with no additional cost to us. Anyway, Nicholas was always too busy to meet. I emailed him the contract and my teams thoughts on how we should proceed hoping he would read it.’ My team consists of the Accounts/Finance Manager, Inventory Manger, Legal, Research & Development, Public Relations Manager and I, and we meet at different times and days, whether collectively or selectively.

‘Anyway we, Nicholas and I, met with the supplier this morning. We are going through the contract, the next thing I know Nicholas says, ‘This won’t work for us. The cost is too high. Where did these calculations come from?’ ‘If the floor had opened up and swallowed me I could have not been more embarrassed. I mean I spent three weeks, working on it with the team Accounting, PR and Legal! Joseph shaking his head continued, ‘he just took over the conversation. I mean we got the contract signed but in the end all that happened was that the figures were rearranged we still end up paying the same.’ ‘I am tired of this foolishness. He stays locked in his office on his cell every day. Only God knows what he does in there.’

1. Do you believe that Nicholas is an unethical manager? Justify your response by choosing one of the ethical decision making concepts outlined in unit 2 to argue/support your writing.

2. From the chosen ethical decision making concept selected by you in question 1, show its relationship to any one of the variables in an analytical tool, outlined in unit 1, read.

Answers

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.

To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.

Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.

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In order to be successful, producers have to determine what consumers want and

what they desire.


how much they are willing to pay.


how many other producers are going to produce the product.


how to sell it.

Answers

In order to be successful, producers have to determine what consumers want and what they desire and how much they are willing to pay.

Who is a producer?

A producer can be defined as the person that manufactures or produce goods and services.

A producer that want to be successful needs to know or understand what consumers want  as well as how much  consumers they are willing to pay for it. Understanding this will help the producer knows how to meet the needs of their customers so as to enables the consumer derived satisfaction from the product of the producer.

Therefore the correct option is A, B.

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Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accom-modate a variety of driving patterns. All the leases are for 3 years and require no money at the time of signing the lease. The first option has a monthly cost of $330, a total mileage allowance of 36,000 miles (an average of 12,000 miles per year), and a cost of $0.35 per mile for any miles over 36,000. The following table summarizes each of the three lease
options:
(See photos below)

Beverly Mills has decided to lease a hybrid car to save on gasoline expenses and to do her part to help

Answers

Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

Beverly Mills decided to lease a hybrid car to save on gasoline expenses and to do her part to help keep the environment clean. The car she selected is available from only one dealer in the local area, but that dealer has several leasing options to accommodate a variety of driving patterns.All the leases are for 3 years and require no money at the time of signing the lease.

The three lease options available to Beverly Mills are as follows:

Option 1:Monthly cost: $330Total mileage allowance: 36,000 miles (an average of 12,000 miles per year)Cost for any miles over 36,000: $0.35 per mile

Option 2:Monthly cost: $460Total mileage allowance: 45,000 miles (an average of 15,000 miles per year)Cost for any miles over 45,000: $0.45 per mile

Option 3:Monthly cost: $540Total mileage allowance: 60,000 miles (an average of 20,000 miles per year)Cost for any miles over 60,000: $0.55 per mile

Therefore, Beverly Mills has three leasing options to choose from. Each of these options differs in terms of the monthly cost, the total mileage allowance, and the cost for any miles over the set mileage allowance. Depending on her driving patterns, Beverly Mills can select the option that suits her the best.

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For each of the following scenarios, indicate which of the four basic tax planning variables (entity, character, time period, jurisdiction) impacts after-tax value.

a. Aloha Corporation is considering building a new manufacturing facility in either State U or State P. State U has a 10 percent state income tax rate. State P has a 15 percent state income tax rate, but offers a tax holiday for new business investment that would exempt up to $250,000 of Aloha’s earnings from state income tax for the first five years of operations in State P.
b. Mary wishes to help her nephew, Gill, pay his college tuition. Instead of giving Gill cash, Mary gives him bonds earning $10,000 annual interest income. Mary’s marginal tax rate is 35 percent and Gill’s marginal tax rate is 15 percent.
c. Congress has recently enacted a decrease in corporate tax rates that will take effect at the beginning of next year. Grant Company, a cash basis taxpayer, is planning to pay expenses prior to year-end in order to maximize its tax savings in the current year.
d. Will has $50,000 to invest in the stock market. He is considering two alternatives. Stock A pays annual qualifying dividends of 6 percent. Stock B pays no dividends but is expected to increase in value at a rate of 5 percent per year. Will would hold either investment for a minimum of four years. Will’s marginal tax rate on ordinary income is 35 percent.

Answers

Answer:

Letter D is the answer

Explanation:

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1. Which one of the following is not considered part
of the exterior finish of a house?
A. An entry door.
B. Ceiling of a porch or breezeway,
C. Cornice.
D. Exterior wall coverings

Answers

The part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

What is the exterior finish of a house?

The exterior finish of a house refers to an outer layer or structure that can be seen physically from the outside and add to the image of the entire house.

A cornice is a horizontal architectural design of a building that is positioned away from the main walls used in directing rainwater from the building walls.

Thus, the exterior finish of the house is:

An entry doorCorniceExterior wall coverings

From the given options;

The ceiling of a porch or breezeway is usually inside the house.

Therefore, the part of a house that is not considered as the exterior finish of a house is the Ceiling of a porch or breezeway.

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