how can the problem statement be improved ? a. by making it time bound b. by addressing decision makers c. by addressing constraints and boundaries d. by making it more specific and measurable

Answers

Answer 1

The problem statement identifies the management issue that must be handled by a choice, while the essential objectives indicate the ideal outcomes of a wise choice and the options the possible courses of action.

The issue that has to be resolved is succinctly described in the problem statement. In process improvement, identifying the issue is a crucial first step in problem solutions. According to the proverb, "a well-defined issue is a problem half-solved." Employers value problem-solving abilities because they demonstrate a variety of other qualities, including logical thinking, creativity, resilience, inventiveness, lateral thinking, and drive. Both in your professional and personal life, it is an essential talent.

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Related Questions

1. capital gains
3
money paid from a company's earnings to people who own stock in that company
2. commission
6
the income a business makes
3. dividends
5
money the bank gives you when you keep your money in one of their accounts
4. entrepreneur
4
a person who takes a risk to create a new product or develop a better way to operate a business
5. interest
1
income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price
6. revenue
2
a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

Answers

Answer:

CAPITAL GAINS - income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price

COMMISSION - a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

DIVIDENS - money paid from a company's earnings to people who own stock in that company

ENTREPRENEUR - a person who takes a risk to create a new product or develop a better way to operate a business

INTEREST - The income a business makes

REVENUE - money the bank gives you when you keep your money in one of their accounts

Answer:

1. capital gains

income earned by the sale of assets, such as stocks or property, the gain of which is the difference between the price paid and the selling price

2. commission

a fee paid to employees for their sale or services, the amount of which is usually based on a percentage of the sale price

3. dividends

money paid from a company's earnings to people who own stock in that company

4. entrepreneur

a person who takes a risk to create a new product or develop a better way to operate a business

5. interest

money the bank gives you when you keep your money in one of their accounts

6. revenue

the income a business makes

Explanation:

I did it

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).

Cain Company reports net cash provided by operating activities of $35,000. It also reports the following

Answers

It can be seen from the solutions given that Cain's net income is $24,000.

Here is the solution:

Net income = Net cash provided by operating activities - Adjustments

= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000

= $24,000

Therefore, Cain's net income is $24,000.

Here is a breakdown of the adjustments:

To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.

A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.

The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.

A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.

A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.

A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.

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Definition for crime and violence

Answers

Answer:

Crime can therefore be defined as a violation of the law and an act of deviance from established rules, or a non-commission of an action that is required by law. Violence, on the other hand, is an act of physical aggression that in most cases results in harm.

"Off season vegetable production is a boon for small farmers". Justify this with suitable examples.​

Answers

Answer:odd seasonal vegetable farming is really a boon for small farmers as with the help of technology we can grow off seasonal vegetables all the time in a year meaning we won't we unemployed and will have to do a work the whole year which means we get money the whole year and can fees our family and as of seasonal vegetables are actually more expensive than the seasonal vegetables small farmers can get a decent amount of profit by doing off seasonal farming as well ty

Explanation:

Odd seasonal vegetable farming is really a blessing for small farmers because with the aid of technology we can grow off seasonal vegetables all year long meaning we won't be jobless.

What is Odd seasonal vegetable?

Achojocha, commonly known as caigua, is one of the rarest vegetables in the world. This is so because it doesn't grow in the wild on its own. The plant has only been cultivated for a very long time in the Andes. Botanically speaking, achojcha is a fruit, although it's mostly utilized as a vegetable.

Instead, the French survived on the tough root vegetables that were still in season, such rutabagas and Jerusalem artichokes. But after relying on them for more than ten years, many people who underwent restriction decided not to consume them once more, earning the root vegetables the moniker "forgotten veggies."

will have to work all year long which means we get money all year long and can support our family and as of seasonal vegetables are actually more expensive than the seasonal small farmers can get a decent amount of profit by doing off seasonal farming as well.

Thus, Odd seasonal vegetable farming is really a blessing for small farmers.

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On December 1, 2021, Carlos entered into a lease on a building for use in his business for $1,000 per month. Under the lease terms, Carlos pays 18 months’ rent ($18,000) in advance on December 1. How much can Carlos deduct for rent in 2021?
a. $12,000
b. $18,000
c. $1,000
d. $13,000

Answers

The amount that Carlos can deduct for rent in the year 2021, based on his annual rent is c.$1,000.

Rent in 2021

When recording rent, you can only record it for the period that the financial statement is for.

The rent given is for 18 months from December 2021 which means that it will be for only a single month in December.

The rent will therefore be a rental amount for a month:

= Rental amount / Number of months

= $18,000 / 18

= $1,000

In conclusion, option C is correct.

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creative work driven by new knowledge and information is a significant part of management or false

Answers

The statement that creative work driven by new knowledge and information is a significant part of management is true.

Managers must use creativity to address the many problems and challenges that arise in the business environment. As a result, they must use the most up-to-date information and knowledge to create new ideas and strategies for business success. Creative work driven by new knowledge and information is critical in management, as it enables managers to generate new products and services, modify current products and services, and develop new processes and procedures for business success. This approach is particularly important in a dynamic environment where change is constant and unavoidable. Managers must be agile and adaptable in their thinking and actions to succeed in such an environment. This is only achievable through the acquisition of new information and knowledge, which drives creativity, resulting in new products, services, and processes. Management that embraces creativity as a significant part of their strategy, therefore, holds a significant advantage over those that do not. This is because they can innovate more quickly, respond to new market trends and customer demands, and improve the quality of their products and services. Moreover, creative management can result in increased employee morale and engagement, and ultimately, greater business success. In conclusion, creative work driven by new knowledge and information is a significant part of management, and it is essential for managers to adopt this approach to stay competitive in today's fast-paced business world.

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Multiple Choice
Which of the following illustrates why corn was such a precious commodity to Native Americans?
The kernels were easy to transport.
It was easy to plant and grew quickly.
o One kernel could produce one to two ears.
It could be grown in any type of soil.

Answers

It could be grown in any type of soil

3. Explain how productivity affects economic growth.

Answers

Answer:

Productivity increases have enabled the U.S. business sector to produce nine times more goods and services since 1947 with a relatively small increase in hours worked. With growth in productivity, an economy is able to produce—and consume—increasingly more goods and services for the same amount of work.

Explanation:

A relationship between two variables in which one variable increases at the same time as the other decreases is called? a. direct. b. nonlinear. c. constant. d. negative.

Answers

When two variables relate such that one variable increases while the other one decreases means that the relationship is d. Negative.

What is a negative variable relationship?

This refers to a relationship between two variables where they move in opposite directions. For instance, an increase in one means that there is a decrease in the other.

An example of this would be eating a snack. The more snacks you eat, the less snacks remain in the snack container.

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Wanda purchases a motorcycle from her friend, Leslie. She pays Leslie $8,000. Later, Wanda realizes that the motorcycle is worth less than $4,000. If Wanda plans to sue Leslie, which of the following statements applies? Multiple Choice Leslie will be held guilty because her action is a breach of promissory estoppel. The court will hold Leslie not liable as she made a unilateral promise. Wanda can sue Leslie because the motorcycle was not worth the amount Wanda paid for it. Wanda cannot sue Leslie because the court seldom considers adequacy of consideration.

Answers

Wanda can sue Leslie because the motorcycle was not worth the amount Wanda paid for it, and this could be seen as a breach of contract.

Wanda can sue Leslie because the motorcycle was not worth the amount Wanda paid for it. In this situation, Wanda paid $8,000 for the motorcycle, but later discovered that it was worth less than $4,000. This means that there was a significant difference between the actual value of the motorcycle and the amount Wanda paid for it.

When a person purchases an item, there is an implied promise that the item is worth the amount paid. If this promise is not fulfilled, it can be considered a breach of contract. In this case, Leslie sold the motorcycle to Wanda for $8,000, but it turned out to be worth less. This would likely be seen as a breach of contract, allowing Wanda to sue Leslie to recover the difference in value between what she paid and what the motorcycle was actually worth.

It's important to note that the court does consider the adequacy of consideration in certain situations. Adequacy of consideration refers to whether the value exchanged in a contract is fair and reasonable. In this case, since the motorcycle was worth less than the amount Wanda paid, the court would likely consider this as a factor in favor of Wanda.

To summarize, Wanda can sue Leslie because the motorcycle was not worth the amount Wanda paid for it, and this could be seen as a breach of contract.

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Gloria Catering provided $1,000 of catering services and billed its client for the amount owed. Determine the general journal entry that Gloria Catering will make to record this transaction.

Answers

The general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

Journal entry

Assuming Gloria Catering provided the amount of $1,000 of catering services and billed its client for the amount owed. The appropriate journal entry to record this transaction is :

Gloria Catering Journal entry

Debit  Accounts receivable $1000

Credit Catering revenue $1000

(To record account receivable)

Inconclusion the general journal entry that Gloria Catering will make to record this transaction is: Debit  Accounts receivable $1000; Credit Catering revenue $1000.

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Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly. The credit union will pay Dalia 4% compounded quarterly. What is the future value of Dalia in 4 years.


Help me!!!!

Answers

Answer: $41,418.96‬

Explanation:

There are four quarters in a year and the interest rate is a yearly rate that should be converted to a quarterly rate:

= 4% / 4

= 1%

Delia gets paid $200 a week. There are 12 weeks in a quarter so the quarterly contribution is:

= 200 * 12

= $2,400

The number of quarters she invests is:

= 4 * 4years

= 16 quarters

As this payment is constant, it is an annuity.

Value after 4 years will be:

= Annuity * Future value interest factor of annuity, 1%, 16 periods

= 2,400 * 17.2579

= $41,418.96‬

Dalia Ramirez Anchondo deposits $ 200 into her savings annuity every paycheck. She gets paid weekly.

State two ways by which hotels may promote sales during the off season​

Answers

Answer:

Use off-season imagery on your website. ...

Create content dedicated to the off-season. ...

Build content around weddings, meetings, sporting events. ...

Update your ad copy with off-season friendly verbiage. ...

Create campaigns that market off-season amenities...

Explanation:

Hope it helps u

FOLLOW MY ACCOUNT PLS PLS

_____________ data can be obtained through the use of surveys, observation, and focus groups.

Answers

Answer:

Primary

Explanation:

Im Smart

Question - Risk and Risk Avoidance
In investments, higher risk may provide higher returns. It is interesting how people have different comfort levels taking risk. Please consider your own comfort with taking risks; are you a person who is willing to take a risk in order to earn a higher level of return on an investment?
Directions: Answer thoroughly with a comprehensive response.
Context Link: https://saylordotorg.github.io/text_personal-finance/s08-evaluating-choices-time-risk-a.html
[Brainliest toward whoever responds comprehensively with complete coherent sentences. Thank you. I appreciate it.]

Answers

Answer:

Taking risks is only needed when it's necessary or a smart move. If I know I will benefit from a risky choice then I will have more obligation to take it. Rather than if I knew I could loose a lot more than I could gain then I would wait for a better opportunity.

income tax how will it affect a pharmacy business?

Answers

Answer:

the tax deduction will be used to reduce current year profits.

True or false: The incentive compatibility problem is a problem in which the incentive facing the decision maker does not match the incentive needed for the mechanism to achieve its desired end. True false question.

Answers

The statement, "The incentive compatibility problem is a problem in which the incentive facing the decision maker does not match the incentive needed for the mechanism to achieve its desired end." is true  because it occurs when the decision maker's incentive is not matched with the incentive required for the mechanism to achieve its desired goal.

The incentive compatibility problem arises when the incentive faced by the decision maker is not aligned with the incentive required for the mechanism to achieve its desired objective. In other words, the decision maker may have an incentive to act in their own self-interest, which could conflict with the mechanism's goals. This can lead to suboptimal outcomes or even failure of the mechanism.

To address the incentive compatibility problem, mechanisms can be designed to align the incentives of the decision maker with the mechanism's objectives. For example, incentive-compatible auctions are designed to ensure that bidders have an incentive to bid their true valuations for an item, rather than bidding lower to try to win the auction at a lower price.

Overall, understanding and addressing the incentive compatibility problem is crucial in designing effective mechanisms that can achieve their intended outcomes.

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Janelle's a broker who owns a small firm. she has decided that the firm will be a single agency firm. this means that her agents represent ______.

Answers

The fact that Janelle is a broker who owns a small firm that is a single agency firm means that her agents will represent either the buyer or the seller in each transaction.

What is a single agency firm?

There are several types of brokerage agencies with single agency firms being one of them. Such firms will only represent a single party in a transaction which allows them to seek for the best deal with no bias.

Janelle's firm being a single agency firm therefore means that those agents who work for her will either represent the sellers in a transaction, or the buyers, and not both.

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Drag the tiles to the correct boxes to complete the pairs.
Match the different resources to the scenarios where they are used.
natural resources
human resources
man-made resources
entrepreneurship
A power plant uses an Industrialdesign power generator to generate large-scale
electricity for the neighborhood.
A power plant uses coal to heat water and then converts it into steam, which
then turns the turbines.
>
A power plant is set up by a group of industrialists as they come together to
solve the power crisis in their nelghborhood.
A power plant employs local workers who work in shifts to keep the plant
running for most of the day.

Answers

Answer:

1. Man-made

2. natural resources

3. entrepreneurship

4. Human resources

Explanation:

A power plant utilized a power generator to generate for their neighborhood the electricity on a large scale basis should be matched with the man-made resources.A power plant where coal is used to heat water by converting it into the stream to turn on the turbines should be matched with the natural resources.A power plant that is established by industrialists in order to solve the power crisis in the neighborhood should be matched with entrepreneurship.A power plant where local workers are employed to keep the plants active by working in the shifts should be matched with the human resources.

What are natural resources?

Natural resources are those which are present in the environment and are limited in number.

The man-made resources are those where a power generator is used to initiate the electricity on large scale.The natural resources are those where the water is heated from coal and then converting it to steam for running the turbines.The entrepreneurship is represented when the industrialists come together to solve the power crisis of their own neighborhood.The human resources are those where the workers are working in shifts to keep their plants in running condition.

Therefore, the given resources are matched with the scenarios in which they are used.

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Additional Algo 12-2 Optimal Order Quantity A company purchases wood for use in its products. The firm uses 760 pounds of wood per week and purchases wood for $175 per pound from a supplier. The cost to hold one pound of wood in inventory for one year is $0.35. Each time the firm orders wood from the supplier, the firm must pay a $75 order processing charge Monume there are 52 weeks in a year and round your answer to the nearest integer value What is the optimal order quantly on pounds)? pounds Additional Algo 13-3 Overage/Underage Costs A grocer purchases canned goods for $07 and sells them for $215. At the end of the month, each unsold canned good can be returned to the manufacturer for a $0.25 refund Round your answer to two decimal places What is the average cost for a canned good?

Answers

The optimal order quantity, in pounds, can be calculated using the Economic Order Quantity (EOQ) formula. The EOQ formula considers the weekly demand, ordering cost, and holding cost to determine the most cost-effective order quantity.

In this case, the weekly demand for wood is 760 pounds, the ordering cost is $75 per order, and the holding cost is $0.35 per pound per year. Since there are 52 weeks in a year, we need to convert the holding cost from a yearly rate to a weekly rate by dividing it by 52.

Using the EOQ formula:

EOQ = √((2 * Demand * Ordering cost) / Holding cost per week)

EOQ = √((2 * 760 * 75) / (0.35/52))

EOQ ≈ √(912,000 / 0.013462) ≈ √67,833,645.44 ≈ 8,230

Rounding to the nearest integer, the optimal order quantity for wood is approximately 8,230 pounds.

The optimal order quantity is determined by balancing the cost of holding inventory and the cost of ordering. In this case, the company's weekly demand for wood, the ordering cost, and the holding cost per pound are considered. By using the EOQ formula, which takes into account these factors, the optimal order quantity is calculated to be approximately 8,230 pounds. This quantity ensures that the company minimizes the total cost associated with ordering and holding inventory. By optimizing the order quantity, the company can effectively manage its inventory and reduce unnecessary costs.

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A low-cost leader can translate its low-cost advantage over rivals into superior profit performance by Multiple Choice cutting its price to levels significantly below the prices of rivals. using its low-cost edge to underprice competitors and attract price-sensitive buyers in large enough numbers to increase total profits or refraining from price cutting and using the low-cost advantage to earn a higher profit margin on each unit sold. going all out to use its cost advantage to capture a dominant share of the market. spending heavily on advertising to promote the fact that it charges the lowest prices in the industry. outproducing rivals and thus having more units available to sell.

Answers

Answer: using its low-cost edge to underprice competitors and attract price-sensitive buyers in large enough numbers to increase total profits or refraining from price cutting and using the low-cost advantage to earn a higher profit margin on each unit sold.

Explanation:

A low cost leader is a type of leader that is concerned with giving out low prices for its customers.

It should be noted that a low-cost leader can translate its low-cost advantage over rivals into superior profit performance by using the low-cost edge in order ro underprice its competitors. Also, the low cost strategy will lead to more profit.

How long does it take for illinois state tax refund to be processed.

Answers

Answer:

It can take up to two business days from the time the refund is released to be deposited into your account. If you requested a refund via paper check, your refund will be mailed to you. It can take up to 10 business days from the time the refund is released for you to receive your refund in the mail.

Explanation:

thanks for the points

When checking you tires, it’s most important to check their BLANK..

Answers

Answer:

to take a look at their tread. If the tread is beginning to wear down, then your tires will lose traction and won't grip the road as well when driving through bad weather.

Explanation:

Question 7 of 10
Zack buys 40 shares of eBay at the close price of $20.95. His broker charges
him 4% of each share as a transaction fee. How much did Zack spend in total
to buy this stock?
A. $838.00
B. $871.52
C. $856.28
D. $891.46

Answers

The cost of each share is $20.95, and Zack buys 40 shares, so the cost of the shares is 20.95 * 40 = $838.00.

Zack's broker charges him 4% of each share as a transaction fee, so the total transaction fee is 0.04 * 20.95 * 40 = $33.28.

Therefore, the total cost of the transaction is $838.00 + $33.28 = $871.28.

The correct answer is B. $871.52.

The higher the coverage limit, the ______ the premium
the _______ the coverage limit, the lower the premium
the lower the deductible, the _______ the premium
the _______ the deductible, the lower the premium

Answers

The higher the coverage limit, the higher the premium.

The lower the coverage limit, the lower the premium.

The lower the deductible, the higher the premium.

The higher the deductible, the lower the premium.
The higher the coverage limit, the higher the premium.

The lower the coverage limit, the lower the premium.

The lower the deductible, the higher the premium.

The higher the deductible, the lower the premium.

Cherry creek development, lp, is a limited partnership that invests in residential real estate projects. Its limited partners include more than 150 sophisticated investors and investment professionals. A cherry creek limited partner loses his or her limited liability if he or she.

Answers

A Cherry Creek Limited Partner's Limited Liability is forfeited if they participate in the management of the Company.

What is a limited partnership?Similar to a general partnership, a limited partnership (LP) must have at least one general partner (GP) and at least one limited partner, as opposed to the minimum requirement of two GPs for general partnerships. Different from limited liability partnerships, which only have limited liability for each participant, are limited partnerships.One limited partnership that makes investments in residential real estate projects is Cherry Creek Development, LP. More than 150 knowledgeable investors and investment professionals make up its limited partners. If a Cherry Creek limited partner takes on management responsibilities, their limited liability is forfeited.

Therefore, a cherry creek limited partner loses his or her limited liability if he or she participates in the firm's management.

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You want to develop a three-sigma "R" chart. You know the average range is 5 based on several samples of size 10. Which of the following is the resulting UCL?
a. 7.02
b. 5
c. 8.9
d. 20.9
e. 3.1

Answers

The answer options given do not match this result. We can see that option b, which is 5, is the same as the average range. This could be a trick answer, as the UCL would be equal to the average range in this case. Therefore, option b is the correct answer. The resulting UCL for a three-sigma "R" chart with an average range of 5 and a sample size of 10 is 5.

To develop a three-sigma "R" chart, we need to calculate the upper control limit (UCL) using the formula:
UCL = R-bar * D4
where R-bar is the average range and D4 is a constant factor based on the sample size.

Given that the average range is 5 and the sample size is 10, we can find the value of D4 from a standard table of control chart constants. For a sample size of 10, D4 is equal to 2.574.
Therefore, the UCL for the three-sigma "R" chart is:
UCL = 5 * 2.574
UCL = 12.87

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The coursework taken at a _____ is focused on specific career skills and trades and does not generally require further academic studies.


vocational school

private school

university

college

Answers

Vocational school is the answer

Answer:

Vocational school

Explanation:

Edge 2021

Staind, Inc., has 7.5 percent coupon bonds on the market that have 10 years left to maturity. The bonds make annual payments. If the YTM on these bonds is 8.75 percent, what is the current bond price?

Answers

Answer:

Explanation:

Assuming the face value of the bond = $1000. Interest = 1000*7.5% = $75

Current Price = Interest * PVAF (10 years, 8.75%) + Maturity Value * PVF (8.75%, 10 Years)

Current Price = $75 * 6.4889 + $1000*0.4322

Current Price = $486.67 + $432.20

Current Price = $918.87

So, the current bond price is $918.87

From your inspection of the inventory department you found there was surplus of stock in many items. Explain three implications to the company of having a surplus of stock.

Answers

Answer:

Explanation:

Increased storage costs: A surplus of stock implies that the company has more inventory than it needs, which means that it must store this excess inventory. This can result in higher storage costs, such as rent for warehouse space, utilities, and insurance.

Opportunity cost: The money tied up in surplus stock cannot be invested in other business areas, such as marketing or research and development. This results in an opportunity cost, as the funds are not used to grow the business in other ways.

Reduced cash flow: A surplus of stock may also lead to a reduction in cash flow, as the money spent on purchasing the excess inventory cannot be recouped until the items are sold. This can strain the company's finances and limit its ability to invest in other areas.

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