Required information Denying a Request for a Reduced Rate Denying a customer's request is not generally a pleasant job-especially when the customer is one of your best and one whom you have worked well with. Your goal in this activity is to use the indirect pattern to refuse the request while retaining the customer's goodwill and business. Read the case and then answer the questions using what you have learned about indirect messages to guide your answers. You have been with Kiel Office Supplies for less than six months, but Milo Khang is already one of your favorite customers. Not only does Milo purchase all of his small business's office supplies from you, but he also purchases copy machines, computers, printers, and other office equipment. Before you began work with Kiel, the person who was previously in your position gave Milo a large discount on a service agreement contract (47 percent). The service agreement is about to expire, and Milo emailed you to ask about an even larger discount this year (50 percent), saying his business has been slow lately and his revenues much less than last year's. You sympathize with Milo, but you are not able to give him such a large discount. Instead, you generated a price quote for him matching the previous year's discount. Now you have to respond to Milo's email. You know he will be disappointed. You genuinely like Milo, and you think he is hoping your good relationship will lead you to agree to his request. Your denial of his request will likely be a shock, so you decide to use the indirect approach in your email to him. What is your relationship with Milo, and how will this relationship affect the tone of your message? Multiple Choice Friendly and formal You and Milo have met and are cordial, but you do not see each other outside work, so your tone and style will be formal but conversational Friendly and informal. You've come to know Mio well as a business associats, so you can be informal but conversational in your tone and style Neutral. You know Milo by name, but that is about it. You really don't k at all, so your tone will be formal and somewhat distant No relationship. You don't know Mio at all so your tone will be highly formal and impersonal Unfriendly and hostile You and Mio know each other and do not have a good relationship. You will have to be careful in your tone and style so that you are professional and do not show your diske of Ma
Answers
The relationship with Milo is Friendly and informal and this relationship will affect the tone of your message as You’ve come to know Milo well as a business associate, so you can be informal but conversational in your tone and style. The correct option is b.
A "business associate" is a person or organisation that works for or offers services to a covered entity and carries out specific tasks or activities that entail the use or disclosure to protected health information. Employees for the covered entity are not considered business associates. A business associate of one covered organisation can be another covered entity, a covered physician, a covered health plan, or a covered clearinghouse. According to the Privacy Rule, some roles or activities, in addition to specific services, qualify a person or organisation as a business associate if they entail utilising or disclosing of confidential medical data.
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Related Questions
Write any five methods of getting information of foreign employment and discuss any one of them.
Answers
Answer:
May it will help you
Explanation:
1) Notice board
2) Book of introduction
3) Institutions work working under the ministry of labour
4) Authority of human resources
5) Manifestos of training institutions
6)Web site
7) Newspapers
8) Public meeting :the manpower company, training institutions and institutions of public counseling are working in the field of foreign employment in nepal.
They come to the direct or indirect contact of people through various programmes of interaction, seminar, and meeting.
9)Radio and television
Foreign employment getting information through Notice board, Book of introduction, Authority of human resources, Web site, and Newspapers.
Who is Foreign employment?
Public meeting: When the manpower company, training institutions, and institutions of public counseling are working in the field of foreign employment in Nepal.
Although, They come to direct or indirect contact with people through various programs of interaction, seminars, and meetings.
Also, Foreign employment getting information through Institutions work working under the ministry of labor, Manifestos of training institutions, Radio, and television
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2.what price should tsm pharmaceutische groothandel (tsm) decide upon for offering its ism program to pharmacists? provide a brief, supporting rationale.
Answers
tsm should price 2500, pharmaceutische groothandel (tsm) decide upon for offering its ism program to pharmacists
Inventories account for around 12% of the weighted average cost of capital. Therefore, the value that the pharmacy values most is the decrease in inventory. The cost reductions brought about by operational efficiency cannot be standardised across all pharmacies, though. Therefore, the extra money saved as a result of better operation. Thus, the price is maintained at 4,600 euros. Priceism vs. Valueism The perceived value so outweighs the actual expense. The company wants the client to sign up for this service with the idea of upgrading at a later time. Furthermore, the cost of 2500 euros is reasonable given that the industry price range is between 4000 and 7000 euros.
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What is down payment with regarding to buying a house?
Answers
A social audit is a systematic assessment of employee happiness within a company.
Answers
Answer:
Yes
Explanation:
It will allow the company to understand key areas of improvement to make the work environment the best it can be for the people who work there.
Ethical standards in business are principles or codes for how a business conducts itself with ___, customers, and the public.
A. Other businesses
B.Employees
C.the government
D.charity organizations
Answers
Answer:
B. Employees
Explanation:
Analyse why a commercial bank may prefer to sell its services in foreign countries rather
than its home country.
Answers
Answer:
They'll make more business and money.
Explanation:
They will sell their country's services to them since they don't have their services in that country.
If you do not complete high school, you are typically paid more than those who pursue post-secondary education Please select the best answer from the choices provided T F
Answers
Answer:
false
Explanation:
Post-secondary education refers to an education that goes beyond high school.
Answer:
false
Explanation:
Causes of deflation (essay answer)
Answers
The difference between the cost to make a good and the price is the: A. Elasticity Curve B. Profit C. Supply Curve D. Demand Margin
Answers
Answer:
B. Profit
Explanation:
I hope this helps :)
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).
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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A used car costs $5000 you drive it for 4 years. You drive 10,000 miles per year. Your car insurance is $1,200 per year. You spend $400 on maintenance. Gas costs $4 and the car gets 25 miles per gallon. What is the average cost per mile over the 4 years?
Answers
Answer:
$0.445 per mile
Explanation:
Calculation for what the average cost per mile
will be over the 4 years
First step is to calculate the Insurance cost
Insurance cost = $1,200 x 4
Insurance cost = $4,800
Second Step is to calculate the Maintenance cost
Maintenance cost = $400 x 4
Maintenance cost = $1,600
Third Step is to calculate the Total mileage
Total mileage = 10,000 miles per year x 4 years Total mileage= 40,000 miles
Fourth step is to calculate the Gas cost
Gas cost =( 1 gallon/25 miles per gallon x 40,000 miles)x $4 per gallon
Gas cost = 1,600 gallons x $4 per gallon
Gas cost=$6,400
Last step is to calculate the average cost using this formula
Average cost =Initial cost+Insurance cost+Maintenance cost +Gas cost/Total mileage
Let plug in the formula
Average cost = $5,000 + $4,800 + $1,600 + $6,400/40,000 mile
Average cost= $17,800 / 40,000 miles
Average cost = $0.445 per mile
Therefore what the average cost per mile
will be over the 4 years will be $0.445 per mile
information that you have provided to an organization that has the right to share it with other organizations is called
Answers
information that you have provided to an organization that has the right to share it with other organizations is called Public information.
Any information that an agency discloses disseminates, or otherwise makes accessible to the public is referred to as "public information," regardless of its shape or format.
Public information is a public relations strategy that tries to build trust between parties by being completely transparent and honest when sharing information about a business with its target audience. which offered a fresh perspective on corporate and commercial communication strategies.
Public information officers, also known as public relations officers, work for government agencies and major corporations to enhance their public image in the media or to offer crucial information in times of emergency.
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Question 1
2 pts
When preparing a worksheet, which of the following accounts will have balances
transferred from the Trial Balance section to the Balance Sheet section?
Choose all that apply.
u Cash in Bank
I Accounts Receivable
m Equpiment
W Accounts Payable
I Juanita Ortega Capital
D. Juanita Ortega. Withdrawals
Guide Service Revenue
Answers
Answer:
someone will be with you in a moment
Explanation:
Suppose the wage rate is $25 per hour and the rent on capital is $50 per hour. the equation for the isocost line is given by:_______
Answers
Suppose the wage rate is $25 per hour and the rent on capital is $50 per hour. The equation for the isocost line is given by: C = 75LK.
Wage rates are based on output or number of hours worked. For example, sales representatives receive commissions based on the number of sales. Conversely, an hourly worker receives a fixed amount for each hour spent on the job.
The normal payout rate is the “actual” payout rate as defined in the relevant award, including overcompensation where applicable. The normal wage rate, as stated in this contract, means the hourly wage received during a normal 40-hour workweek.
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Products A, B, and C are joint products. The joint costs were $910,000. It costs $25,000 more to further process B to B1. At the split-off point, the company shows the following: Product Units Produced Selling Price per Unit A 1,100 $ ? B 1,500 $21.00 с 1,250 $37.80 Using the sales-value-at-split-off method, the joint cost allocated to Product A was $227,500. How much is the selling price per unit for product A? $23.86 $95.45 $49.52 $127.27
Answers
The selling price per unit for Product A is $23.86.
The selling price per unit for Product A can be calculated as follows:
Solution: The cost of processing B to B1 is not relevant to the calculation of the selling price per unit for Product A. Therefore, the joint costs are allocated to the three products based on their relative sales values at the split-off point.
Sales value at split-off point of A = $22 × 1,100 units = $24,200
Sales value at split-off point of B = $21 × 1,500 units = $31,500
Sales value at split-off point of C = $37.80 × 1,250 units = $47,250
Total sales value at split-off point = $103,950
Allocation of joint costs: Product: A
Sales value at split-off point: $24
Percentage: 20023.29%
Allocation of joint costs: $211,679
Allocation of joint costs: Product: B
Sales value at split-off point: $31
Percentage: 50030.32%
Allocation of joint costs: $276,288C
Total of A = $103,950100
Total of B = $900,000
Selling price per unit for Product A:
Selling price at split-off point for Product A = $22
Selling price after allocation of joint costs = $22 + ($211,679 ÷ 1,100 units) = $23.86
Therefore, the selling price per unit for Product A is $23.86. Hence, option A is correct.
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Table 1 shows the financial position of the Smithville Bank once $4895.00 has been deposited. Assume that the required reserve ratio is 5.00%. The bank manager decides to lend Billy Bob Smith all of the bank's excess reserves. Billy Bob takes the funds to Eula Mae's Used Machines and buys a pickup truck. Eula Mae then deposits the money in her account back at the Smithville Bank. Table 2 should show the bank's accounts after the loan is made and the funds again deposited.
Table 1: Original Assets and Liabilities
Assets Liabilities
Reserves: $4895.00 Deposits: $4895.00
Table 2: Original Assets and Liabilities after Bank Makes a Loan
Assets Liabilities
Reserves:? Deposits: ?
Loans" ?
1. What are the bank's loans in Table 2?
2. What are the bank's reserves in Table 2?
3. What are the bank's deposi
Answers
Based on the details given in the table, the following are true of the Smithville Bank:
Bank loans are $4,650.25.Bank reserves are $4,895Bank deposits are $9,545.25.What are the bank loans?These can be found as:
= Amount deposited x ( 1 - required reserves)
= 4,895 x (1 - 5%)
= $4,650.25
What the bank's reserves?The bank's reserves are the same as the new deposits without the reserve requirement being taken.
This leaves it as the amount that was deposited of $4,895.
What are the bank's deposits?This is found as:
= Initial deposit + Loan created
= 4,895 + 4,650.25
= $9,545.25
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Gordon ramsay made his tv debut on which competitive cooking show?.
Answers
Corporations can raise large amounts of money because:
shares of stock can be purchased in small amounts, so even small investors can participate.
investors always prefer to invest in stock so they can receive dividends.
stocks are always a good investment.
investing in the stock market is the surest way to get rich quick.
Answers
Because shares of stock can be bought in tiny increments, even novice investors can take part in corporate fund-raising efforts.
What do you mean by corporations?A corporation is a business entity whose shareholders elect a board of directors to run its affairs. The corporation, not the shareholders, is in charge of the company's activities and financial situation. a large company run by a collection of companies as a single unit: a multinational corporation. UK Broadcasting Corporation
What is the importance of corporations?In order to create value over the long term, a corporation must conduct legal, moral, profitable, and sustainable business practises. This necessitates taking into account the stakeholders who are essential to its success (shareholders, employees, customers, suppliers, creditors, and communities), as determined. A corporation protects its owners' personal assets from liability more than any other type of entity. For instance, even if a company's assets are insufficient to cover its debts, its investors will not be held personally liable in the event of a lawsuit.
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Many companies conduct ______________________ as a way to monitor developments outside of the company.
Answers
Many companies conduct environmental scanning as a way to monitor developments outside of the company. Environmental scanning refers to the process of identifying and assessing potential threats and opportunities that are outside of the organization.
By conducting environmental scanning, a company can better understand the external factors that may impact its operations.The purpose of environmental scanning is to enable a company to quickly identify potential threats and opportunities and then respond accordingly. This helps to minimize the impact of any negative external factors while also capitalizing on any positive ones.
Environmental scanning is a crucial element of strategic planning for any organization. Companies that fail to engage in environmental scanning run the risk of being blindsided by unexpected developments outside of their control.So, environmental scanning is an essential tool used by many companies to monitor developments outside of the company.
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if a firm's fixed costs double because it rents additional space, then: group of answer choices marginal cost more than doubles. marginal cost does not change. average total cost remains unchanged. marginal cost increases, but by less than double.
Answers
If a firm's fixed costs double because it rents additional space, then: Marginal cost does not change.
Fixed costs refer to the expenses that a firm incurs regardless of the level of production. These costs do not change with the output quantity. On the other hand, marginal cost is the cost of producing an additional unit of a product. It is associated with variable costs, which vary directly with the level of production. When a firm's fixed costs double due to renting additional space, it does not affect the cost of producing an additional unit, and therefore, the marginal cost remains unchanged.
Despite the increase in fixed costs, the marginal cost does not change as it is related to variable costs and not fixed costs.
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Which of the following is not an additional tax a taxpayer may have to pay? Multiple Choice Alternative minimum tax. Self-employment tax Net investment income tax Excess wage tax.
Answers
Excess wage tax. Excess wage tax is not an additional tax that a taxpayer may have to pay. The alternative minimum tax (AMT) is a separate tax system that imposes a minimum level of tax liability on certain taxpayers.
Self-employment tax is a tax that individuals who work for themselves must pay to fund Social Security and Medicare. Net investment income tax is a tax imposed on certain types of investment income for high-income individuals. However, there is no specific tax called "excess wage tax." It is important for taxpayers to be aware of these potential additional taxes and understand their applicability based on their income sources and circumstances.
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an industry in which the firms' cost structures do not vary with changes in production
Answers
The industry in which the firms' cost structures do not vary with changes in production is called a natural monopoly.
A natural monopoly exists when a single firm can produce a product or service at a lower cost than any potential competitor. For example, public utilities, such as electricity and water supply, may be a natural monopoly.
A natural monopoly arises when the barriers to entry are so high that it is not profitable for competitors to enter the market. In a natural monopoly, the first company to enter the market enjoys lower costs because of economies of scale, network effects, and other factors, making it more difficult for other companies to compete.
This creates a market with a single supplier, where the cost structure of the firm remains constant regardless of the volume of production or the size of the market.
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REI sells snowboards. Assume the following information relates to REI's purchases of snowboards during September. During the same
month, 104 snowboards were sold. REI uses a periodic inventory system.
Date
Sept. 1
Sept. 12
Sept. 19
Sept. 26
Explanation Units Unit Cost
Inventory
Purchases
Purchases
Purchases
Totals
13
48
56
23
140
$115
118
119
120
Total Cost
$ 1,495
5,664
6,664
2,760
$16,583
Answers
we can analyze REI's purchases of snowboards during September using a periodic inventory system. A periodic inventory system involves determining the cost of goods sold (COGS) and the ending inventory at the end of the accounting period. the cost of goods sold (COGS) for September is $19,582,760.
The given statement states that REI is a snowboard seller and the given information is related to the purchases made by the company in the month of September. The given information is provided below;481202,760$16,583To find the cost of goods sold (COGS), we need to follow a formula;COGS = Beginning inventory + Purchases - Ending inventoryCOGS = $16,583 + $481,202,760 - Ending inventoryGiven, Gross profit = Sales - COGSGross profit = $35,682,000 - COGSAs the value of Gross profit is given, we can put this value in the formula of Gross profit to calculate COGS;Gross profit = $35,682,000 - COGS$16,099,240 = $35,682,000 - COGSCOGS = $35,682,000 - $16,099,240COGS = $19,582,760.
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Most new jobs in the United States will be in the a manufacturing industries:
b. goods-producing industries
C. service-producing industries
d. agriculture-producing industries
Please select the best answer from the choices provided
Α
B
С
D
Answers
Answer:
d agriculture-producing industries
Most new jobs in the United States will be in manufacturing industries service producing industries. The correct option is c.
In the United States, manufacturing is an important economic sector. The United States is the world's third-biggest manufacturer (after the People's Republic of Chine and the European Union), with a record high real output of $2.00 trillion (adjusted for inflation in 2009 dollars) in Q1 2018, significantly above the $1.95 trillion peak before the Great Recession in 2007.The manufacturing industry in the United States employed 12.35 million people on December 2016 versus 12.56 million in December 2017, a 1.7% rise.
Manufacturing, while still a significant portion of the US economy, contributed less to GDP in Q1 2018 than the 'Finance, insurance, real estate, rental, other leasing' sector, the 'Government' sector, or the 'Professional and business services' sector.
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Suppose you are offered a coupon for a free dinner at a local restaurant, tip and drink included, if you attend a presentation for prospective renters at a new apartment complex in town. If you attend the presentation, then _____________
Answers
If i attend the presentation, then, the opportunity cost of using the coupon for the dinner is the same for all presentation attendees because the dinner is free.
What is opportunity cost?An opportunity cost refers to the forgone benefit which would have been benefit from a transaction, option or purchase not chosen.
In conclusion, If i eventually attend the presentation, then, the opportunity cost of using the coupon for the dinner is the same for all presentation attendees because the dinner is free.
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What kind of businesses would take your property and hold it for you, with the expectation of giving it back in the same or better condition?
Answers
Answer: Storage business
Explanation: Non-transitory, semi-permanent or long-term, containment, holding, leaving, or placement of goods or materials, usually with the intention of retrieving them at a later time. It does not include the interim accumulation of a limited amount during processing, maintenance, or repair.
Experience indicates that strategic alliances Group of answer choices work best when they are aimed at achieving a mutually beneficial competitive advantage for the allies. work well in cooperatively developing new technologies and new products but seldom work well in promoting greater supply chain efficiency. are generally successful. are usually a company's best approach to building a distinctive competence. stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.
Answers
Answer: Stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals
Explanation:
Strategic alliance occurs when two or more companies join hands together in order to achieve strategic outcome that's mutually beneficial to the parties involved.
It should be noted that companies to into Strategic alliance in order to improve market access, improve supply chain efficiency and to also gain economies of scale.
Lastly, it should be noted that strategic alliances stand a reasonable chance of helping a company reduce competitive disadvantage but very rarely form the basis of a durable competitive advantage over rivals.
sales price $6.23 per unit variable costs $2.81 per unit fixed costs $10,782 budgeted number of units 5,878 what is margin of safety in units?(round to the nearest whole unit in your final answer)
Answers
To calculate the margin of safety in units, we first need to determine the contribution margin per unit, break-even point, and then subtract the break-even point from the budgeted number of units. To calculate the margin of safety in units, we first need to find the break-even point.
The break-even point is where the total revenue equals the total cost.
Total Revenue = Sales Price x Budgeted Number of Units
Total Revenue = $6.23 x 5,878
Total Revenue = $36,569.94
Total Cost = (Variable Cost per Unit x Budgeted Number of Units) + Fixed Costs
Total Cost = ($2.81 x 5,878) + $10,782
Total Cost = $26,062.18
Now, we can find the break-even point in units:
Break-Even Point = Total Fixed Costs / Contribution Margin per Unit
Contribution Margin per Unit = Sales Price per Unit - Variable Cost per Unit
Contribution Margin per Unit = $6.23 - $2.81
Contribution Margin per Unit = $3.42
Break-Even Point = $10,782 / $3.42
Break-Even Point = 3,150.88
So, the break-even point is 3,150.88 units.
To find the margin of safety in units, we subtract the budgeted number of units from the break-even point:
Margin of Safety in Units = Break-Even Point - Budgeted Number of Units
Margin of Safety in Units = 3,150.88 - 5,878
Margin of Safety in Units = -2,727.12
We get a negative result because the budgeted number of units is higher than the break-even point. This means that the company is not operating at a profit and needs to increase sales or decrease costs.
Therefore, there is no margin of safety in units.
1. Contribution margin per unit = Sales price per unit - Variable costs per unit
= $6.23 - $2.81 = $3.42
2. Break-even point in units = Fixed costs / Contribution margin per unit
= $10,782 / $3.42 ≈ 3,152 units
3. Margin of safety in units = Budgeted number of units - Break-even point in units
= 5,878 - 3,152 = 2,726 units
The margin of safety in units is approximately 2,726 units.
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Select ALL the correct answers.
Which two of the following are factors of production?
a home mortgage loan
stock in a construction company
a newly built house
carpentry skills
planks of hardwood
Answers
Answer:
stock in a construction company
planks of hardwood
Analyse how the level of government intervention varies according to the type of
economic system countries operate.
Answers
Explanation:
in acapitalist economy, the government acts as regulatory and complementary body.