BUSINESS HIGH SCHOOL

Q 13.18: Which of the following statements is correct? A : Service companies prepare budget data using an expected input approach while manufacturers prepare budget data using an expected output approach. B : The budgets of service companies are approved by voters. C : The production budget is derived from the direct materials and direct labor budget. D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.

Answers

Answer 1
Answer:

Answer: The correct answer is " D: In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses.".

Explanation: The statement  "D : In the budget process for not-for-profit organizations, the emphasis is on cash flow rather than on revenue and expenses." is correct because, as they are nonprofit organizations, the goal is not to generate an economic benefit, therefore Focus is placed on cash flow to ensure that the organization will be able to meet its commitments and obligations.

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Identify the statement about NGOs that is false. a) NGO activism has been responsible for minor changes in corporate behavior and governance. b) Large global NGOs are active in all parts of the world. c) NGOs are regarded as a counterweight to business and global capitalism. d) The force of NGOs has been felt in a range of major public policy debates.
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The combination of rising property value and the gradual paying off of the home loan creates value in the property, or:

What is money or wealth used to invest in a business or enterprise?

Answers

Answer:

happiness , kindness ,weltheness

Final answer:

Capital is the term for money or wealth used to invest in a business or enterprise. It can come in various forms, including financial resources, assets, or human capital.

Explanation:

The money or wealth used to invest in a business or enterprise is referred to as capital. Capital can come in various forms such as financial resources, including money from investors or profits from the business itself, assets like machinery or buildings, or human capital such as the skills and knowledge of employees.

This is a vital element for the establishment and growth of any business as it can be used to buy needed resources, hire employees, or invest in marketing and product development.

Learn more about Capital here:

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In order to effectively manage the company’s value chain,a. the customer service function should focus on offering high-quality products at higher prices.b. the production function should locate customers and persuade them to buy the company's products.c. the materials management function should hold greater inventories in order to avoid shortages.d. the marketing function should focus on customer needs rather than the type of products.e. the sales function should control the movement of physical materials from procurement through customer delivery.

Answers

Answer:

c. the materials management function should hold greater inventories in order to avoid shortages.

Explanation:

  • MM, i.e material management function is the core function of the organization supply chain as it includes the supply chain execution capabilities. And is used to plan total material requirements which are then communicated to procurement and other functions for sourcing,
  • Also determining the inventory levels to hold for each type of inventory in order to avoid shortages. As the major challenges they face s the maintenance of the material flow.

What motivates people to comparison shop? A) the enjoyment of visiting different stores.
B)the push to find the most impressive product.
C)the desire to have the latest technology.
D)the desire to get the most for their money.

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D)the desire to get the most for their money.

How does social distancing and stay-at home measures change our buying behavior(s)?

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Answer:

we have to socal distance and then we get annoyed and upset when someone gets in our space

determine the interest that would be charged on a two-week $300 payday loan if the interest rate is 520%, and the interest is compounded at the end of the two weeks. Explain how you came to your answer

Answers

Answer:

$60

Explanation:

The computation of the interest is shown below:

= Principal × interest rate × number of weeks ÷ total number of weeks in a year

= $300 × 520% × 2 weeks ÷ 52 weeks

= $60

Basically we applied the simple interest formula and we assume the total number of weeks in a year is 52 weeks

So, the interest at the end of two weeks is $60

Fizzy is an American firm that manufactures carbonated soft drinks. Fizzy executives want to enter the global market, and they are considering the idea of a joint venture with a beverage company located overseas. After conducting research on different beverage firms, Fizzy executives selected a large beverage manufacturer located in China. Kevin Burns and three other top-level executives at Fizzy have been assigned to the negotiating team. The team has flown to China to negotiate the details of the joint venture. Which of the following best supports Kevin's argument that he should be the primary negotiator?A)Fizzy executives hope to have other business deals with the Chinese firm in the future.B)Fizzy executives want to demonstrate their aggressiveness and present factual appeals.C)Fizzy executives want to ensure compliance with the ringi system at the Chinese firm.D)Fizzy executives are not certain as to who has decision-making authority at the Chinese firm.

Answers

Answer:

A. Fizzy executives hope to have other business deals with the Chinese firm in the future.

Explanation:

In the scenario it is observed that the names of the other three top-level executives are not mentioned, this shows the importance of Kevin's role in the company. To a great extent, Kevin could be considered as the head of the team negotiating in China.

It is also possible to establish the fact that the business deal to be negotiated with the Chinese firm is not the only business to be handled by the firm but rather an open door to other business deals with the firm in the future.

Kevin who is the team lead is expected to be the primary negotiator for his role among the top-level executives in Fizzy.
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