The crop that finally ensured the long-term success of the Jamestown colony was tobacco.
Tobacco cultivation and export became a profitable venture for the colonists, providing a much-needed source of income and helping to sustain the colony economically.
The cultivation and export of tobacco proved to be a pivotal factor in the long-term success of the Jamestown colony. It provided a profitable economic foundation, established trade connections with Europe, and shaped the labor system of the colony.
The success of tobacco cultivation in Jamestown set the stage for the eventual growth and prosperity of the English colonies in North America.
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Freight-in 45,000
Purchase discounts 25,000
Ending inventory 120,000
The gross margin is 40% of net sales. What is the cost of goods available for sale?
A $1,200,000
B $1,220,000
C $960,000
D $840,000
Answer:
A $1,200,000
Explanation:
The correct answer is D.
the gross margin equals 40% of net sales = 40%* 1,800,000= 720,000
Cost of goods sold will therefore be 60% of net sales;
Cost of goods sold = (60% * 1,800,000) = 1,080,000.
Cost of goods available for sale = cost of goods sold + the cost of ending inventory.
Cost of goods available for sale = 1,080,000+120,000 = $1,200,000
Answer:
Word of mouth marketing (WOM marketing) is the best or worst possible propaganda that a business can have. If the client is very happy and satisfied with your product he/she might tell his/her friends about it. But if the client is unhappy and dissatisfied with your product or service, he/she will definitely tell his/her friends about how bad your product is. WOM marketing is like gossip, it can help or it can hurt.
For example, a client goes to a local grocery store and is looking for a specific type of yogurt which isn't available and instead grabs a sugar free yogurt from a new dairy company. When he gets home and eats the yogurt, he discovers that it tastes great and the fact that it is sugar free is a plus. Since he really liked the new yogurt, he told his parents and friends about how good the products of the new dairy company were.
Answer:
A person might go get gas at a local gas station and compare its prices to other local ones. If this station has cheaper gas (or fewer cars/traffic, for example), then the customer will tell his/her friends that it is more efficient to go get gas at that specific station instead of others. The person was motivated by the price of the station, which reduces costs for both them and their friends.
Explanation:
Word of mouth promotion is promoting a good or service personally to acquaintances, so this is also an example of it.
The two things do many employers use to judge an employee's performance is behaviors and outcomes.
The way a worker performs their job responsibilities and completes necessary tasks is referred to as their performance.
It speaks to the usefulness, excellence, and efficacy of their output. Performance is a factor in how valuable we consider each person to be to the company.
Employee performance evaluation makes clear to staff what management's goals and objectives are. They learn that their efforts are being assessed and valued. For the benefit of the company as a whole as well as them, it's critical to maintain high performance.
Therefore, the two things do many employers use to judge an employee's performance is behaviors and outcomes.
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Calculating Effective Annual Yield
Y= (1+(r/n))^n-1
9.381% = 9.4%
Answer:
9.38%
Explanation:
effective annual yield = (1 + monthly rate)¹² - 1
where monthly rate = 9% / 12 = 0.0075
effective annual yield = (1 + 0.0075)¹² - 1 = 1.0938 - 1 = 0.0938 or 9.38%
The advantage of compound interest is that earned interest will earn more interest by itself.
Answer: Batch picking
Explanation:
Batch picking is the practice that consists of requiring pickers to gather the items for several orders at once, but keep them separate in separate totes.
It should be noted that in batch picking, a batch of orders are picked by a single picker and this typically help in the reduction of making constant repeated trips to same location
Answer:
Diagonal
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.
Employees working in an organization are said to engage in a diagonal communication when they communicate with other employees in other departments and on different levels such as level 8, 9, 10, 12, 14, as the case may be.
For example, a diagonal communication takes place when John that's on level 8 in the marketing department communicates with Claire who's on level 10 in the customer relationship management (CRM) department.