A consumer is someone who uses goods and services, which usually cost money. a. True
b. False

Answers

Answer 1

Answer: True.

A consumer is anyone who buys and consumes a product or service.

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Advise Florence and her team on how can convince the staff using John Kotter's theory to lead change

Answers

In John kotter's theory, someone can just simply change something in their lives, they have to undergo a critical 8 steps process.

In order to utilize this process, florence has to convince her team why and how it works and kindly explain to them why the change is necessary. This will motivate her team as a Growing individual

Management is the attainment of organizational goals in an effective and efficient manner through ______, ______, ______, and ______ organizational resources.

Answers

Answer: Planning, organizing, leading and controlling.

Explanation: Planning refers to setting of objectives and goals. Organizing focuses on collection of resources to attain those objectives. Leading refers to persuading the employees to work on plan. Whereas, controlling refers to taking actions for effective implementation of the plan made.

Together these four terms are described as functions of management which helps an organization to achieve its goals.

Answer:

planning, organizing, leading and controlling

Explanation:

hope it helps ;)

Which loan type requires you to make loan payments while you're attending school

Answers

This type of a student loan is called an unsubsidized student loan. In these loans, you are responsible of paying the loan at all times, as well as the interest rates.

Which of the following American groups benefited the most from China's turn toward capitalism?a. Manufacturers
b. Consumers
c. Oil producers
d. Farmers

Answers

Answer:

Which of the following American groups benefited the most from China's turn toward capitalism?

b. Consumers

Explanation:

In order to understand it completely, first of all there is need to understand what actually happens in Capitalism.

Capitalism is a system where private sector of a country holds most of its productions, organisations and businesses. Resulting in effective running of the organisations. Organisations reach their heights in attaining success resulting in high profits. Moreover, organisations goes global and start their operations internationally with their products and services, which consequently, will be beneficial for the international consumers. International consumers will be getting better products in very much competitive prices. So, the same happened with the American Consumers, they benefited the most from China's turn towards Capitalism.

9. Each of the following is a business expense, except payment for *advertising
monthly rent
utility bills
equipment

Answers

Answer:

equipment

Explanation:

Equipment refers to tools or machinery used in the production of other goods and services for sale. They are not consumables, nor are they meant for sale. Equipment is treated as assets of the business.

Payments for assets is not an expense. Since the equipment will be used in many financial periods, its cost cannot be assigned to the purchase year alone. Payment for the equipment is treated as a capital or asset acquisition.

Internal control is a process designed to ensurereliable financial reporting.
effective and efficient operations.
compliance with applicable laws and regulations.
Internal control is designed to ensure all of the items described in the answers.

Answers

Answer:

Internal Control is designed to ensure all of the items described in the answer.

Explanation:

Internal control refers to the control measures adopted by an entity so as to ensure compliance with legal framework, check frauds and errors and for reliable financial reporting.

Compliance procedures are the processes designed to check whether internal controls exist in an organization and if they do, whether such controls are operating effectively.

For e.g biometric authentication with regard to attendance keeps a check on the number of employees actually working during a period and eliminates the possibility of dummy names in the attendance records. This is an example of internal control i.e control measures created by organization itself.

Final answer:

Internal control in a business context refers to the procedures set in place to ensure reliable financial reporting, efficient operations, and compliance with laws and regulations. These controls help in the smooth running of the business, providing accurate financial information, and abiding by legal requirements.

Explanation:

Internal control is a crucial concept in the domain of accounting and business. It refers to the procedures and methods implemented by a company to ensure the achievement of its objectives, which include - reliable financial reporting, efficient and effective operations, and compliance with relevant laws and regulations.

The procedures for reliable financial reporting involve making sure that financial records are accurate and complete. This is important for both internal decision-making and for providing trustworthy information to investors, creditors, and regulators.

Efficient and effective operations refer to the smooth running of the business without wastage of resources, while maximizing profits. Finally, compliance with laws and regulations refers to abiding by the legal and regulatory requirements imposed by government bodies and agencies on businesses.