One sector that has witnessed major changes during the last three years is the food delivery. Major players had to be creative in ensuring that customers continued to get access to their favourite F&B merchants. A growing innovation has been in this sector targeting the whole F&B industry in Vietnam. Various delivery start-ups have emerged in Vietnam (for example: GrabFood, Baemin, ShopeeFood, GoFood and Loship). These start-ups are still in the growth stage and face a real challenge in the competitive market.
Question 1: Identify the key challenges that Grabfood start-up faces in growing its market share.
Question 2:
a. Identify and discuss the potential organizational creativity barriers that could affect the Grabfood’s potential success to introduce creative ideas?
b. How can the Grabfood startup manage and prevent the difficulties created by these barriers?
Question 3: Outline a recommended corporate social responsibility strategy to improve the start-up’s responsibility to the society and environment. The strategy should consider the impact of macroenvironmental forces e.g., technology, economic, social, political, environmental.
Answers
1. GrabFood faces several challenges in growing its market share.
GrabFood, a leading food delivery service provider, faces a number of challenges as it seeks to expand its market share. One of the key obstacles it faces is intense competition from other food delivery start-ups in Vietnam, such as ShopeeFood, Baemin, GoFood, and Loship. These competitors have made significant investments in their services and are actively seeking to gain market share. Furthermore, GrabFood must deal with problems related to cost containment, driver recruitment and retention, and the regulatory environment. The firm must also cope with operational inefficiencies and high overheads, which limit its ability to achieve profitability in the near term.
2a.The potential organizational creativity barriers that could affect the Grabfood’s potential success to introduce creative ideas include risk-aversion, complacency, and lack of resources.
Several organizational creativity barriers could potentially impede GrabFood's ability to introduce creative ideas and improve its performance. These barriers include risk-aversion, which is characterized by an unwillingness to take chances and experiment with new ideas. Another potential obstacle is complacency, which is characterized by an unwillingness to challenge the status quo or to think outside the box. Finally, a lack of resources, such as funding or personnel, can also limit the firm's ability to develop new products or services and compete effectively.
2b. GrabFood startup can manage and prevent the difficulties created by these barriers by developing a culture of innovation, promoting experimentation, and investing in R&D.
GrabFood can overcome the barriers to organizational creativity by developing a culture of innovation that encourages experimentation and rewards risk-taking. To promote experimentation, the firm could set up an incubator or accelerator program to help entrepreneurs develop new products or services. In addition, GrabFood could invest in research and development (R&D) to identify new technologies or business models that could help it gain a competitive advantage. Finally, the firm could establish partnerships with universities, research institutes, or other organizations to tap into external sources of innovation.
3. A recommended corporate social responsibility strategy to improve the start-up’s responsibility to the society and environment is to reduce carbon footprint and improve sustainability.
GrabFood can improve its corporate social responsibility (CSR) by developing a sustainability strategy that reduces its carbon footprint and supports the communities it serves. A key component of this strategy could be to use electric bikes or other low-emission vehicles for food delivery, which would help reduce air pollution and improve the environment. The firm could also partner with local organizations to support social causes, such as hunger relief or education. In addition, GrabFood could promote recycling and waste reduction, encourage sustainable agriculture practices, and seek to minimize its environmental impact. These measures would demonstrate the firm's commitment to social responsibility and help build its reputation as a responsible corporate citizen.
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Related Questions
Your personal credit reflects:
A. debt versus investments
B. investments versus income
C. Debt versus number of cards
D. income versus debt
Answers
Answer:
the letter C
Explanation:
pa brainliest nalang po kung tama
Your personal credit reflects income versus debt. Option D is an appropriate response.
What is personal credit?The capacity to access products or services or borrow money with the idea that you'll pay for them later is known as credit.
Building personal credit involves being reliable when it comes to making on-time, complete payments on all of your debts, including credit card bills, vehicle loans, and mortgages. Your credit score rises as a result. It's crucial to keep in mind that your personal and corporate credit should not be combined.
That which a person possesses personally and which is based on the perceptions held of his moral integrity and professional position.
Your personal credit reflects income versus debt.
Hence, Option D is an appropriate response.
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the primary legal responsibility of business is to obey the law. T.F
Answers
True. The primary legal responsibility of a business is to operate in accordance with the law. This includes complying with all relevant laws and regulations at the local, state, and federal levels.
The law sets out the minimum standards of behavior that businesses are expected to follow, and failure to comply with legal requirements can result in legal and financial consequences. Therefore, businesses have a legal obligation to obey the law and operate in a manner that is consistent with legal requirements. The legal responsibilities of a business can be divided into two broad categories: regulatory compliance and ethical conduct. Regulatory compliance refers to the legal obligations that businesses must meet in order to operate in a particular industry or jurisdiction. These obligations can include things like obtaining the necessary licenses and permits, complying with health and safety regulations, and paying taxes. Ethical conduct refers to the moral obligations that businesses have to their stakeholders, including customers, employees, shareholders, and the broader community. Businesses have a legal responsibility to their stakeholders to act in a manner that is consistent with ethical principles. This includes things like treating employees fairly, protecting customer privacy, and being transparent about business practices. Failure to meet these ethical obligations can damage a company's reputation and lead to legal and financial consequences. In addition to their legal and ethical responsibilities, businesses also have a responsibility to the environment and to society as a whole. This includes reducing their environmental impact, supporting local communities, and engaging in philanthropic activities.
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is your money stuck for a set time in an online savings account
Answers
The answer to this question is dependent on the online savings account in question. Some online savings accounts may require you to keep your money in the account.
for a specified period of time, known as a "term" or "maturity date." This is frequently the case with certificates of deposit (CDs), a type of savings account that pays a fixed interest rate for a specified period of time. If you remove your money before the maturity date in some instances, you may suffer a penalty. Many online savings accounts, on the other hand, do not have a predetermined term and allow you to withdraw your money at any time without penalty. These accounts typically pay less interest than CDs. However, they are more adaptable. Before you deposit money into an online savings account, read the terms and conditions to understand any withdrawal restrictions.
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Archie company purchased a framing machine for $58,000 on january 1, 2024. The machine is expected to have a four-year life, with a residual value of $6,000 at the end of four years. Using the straight-line method, depreciation for 2024 and book value on december 31, 2024, would be:
Answers
The depreciation for 2024 to Archie Company, given the straight-line method, would be $ 13, 000
The book value at the same date would be $ 45, 000
How to find the depreciation?To find the depreciation using the Straight - line method, the formula is :
= ( Cost of machine - Residual value ) / Number of years of life
= ( 58, 000 - 6, 000 ) / 4
= 52, 000 / 4
= $ 13, 000
The book value at the end of 2024 would be :
= Cost of machine - Depreciation
= 58, 000 - 13, 000
= $ 45, 000
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Which of the following statements best describes the difference between the USDA’s and the FDA’s responsibilities concerning food?
1.The USDA monitors what is put on the food’s label while the FDA ensures safe farming and harvesting practices.
2. The USDA monitors what is put on the food’s label while the FDA protects environmental conditions.
3.The USDA ensures safe farming and harvesting practices while the FDA protects environmental conditions.
4.The USDA ensures safe farming and harvesting practices while the FDA monitors what is put on the food’s label.
Answers
Answer:A. The USDA ensures save farming and harvesting practices while the FDA monitors what is put on the food labels!
Explanation: I just took it and got it right! Give me brainliest! Have a good day!
Answer:
The USDA makes sure that there is safe farming and safe harvesting practices when the FDA watches what is put on food levels
Explanation:
One of the most popular and effective ways to teach students are known as S.M.A.R.T goals. S.M.A.R.T is an acronym that stands for specific, measurable, achievable, relevant, and timely.
a. True
b. False
Answers
S.M.A.R.T is an acronym that stands for “Specific, Measurable, Achievable, Relevant, and Timely”.
What aspect of starting a company does sales NOT play a role in?
Building a team
Pitching investors
O Press and publicity
Selling your product
O None of the above; sales plays a role in all areas
Answers
Answer:
A-building a team?
Explanation:
just a guess, because the rest besides none of the above makes sense, A and E are the ones making me feel like one of the other is the right answer
Option A. Building a team.
What role does sales play in your company?Sales play an important role in building loyalty and trust between customers and the company. Trust and loyalty are the main reasons customers recommend your business to friends and family and write great reviews of your products and services online.
Sales increase business value. It's no secret that a business can't grow without sales. In fact, if a company's total sales do not generate more revenue than the cost of its expenses, then the company is more likely to fail.
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who is responsible for defining the quality of a product
Answers
The quality of a product is typically defined by the manufacturer or producer.
However, it can also be defined by regulatory agencies, industry standards organizations, and consumers. Defining the quality of a product. Quality is an essential component of a product that is determined by the customer's expectations. It is the capability of the product to meet or exceed the customer's expectations. Quality can be determined by the design, features, ease of use, and performance of the product. A manufacturer or producer is responsible for defining the quality of a product.
It is important to define the quality of a product to ensure customer satisfaction, to maintain a competitive advantage in the market, and to meet regulatory requirements. In conclusion, defining the quality of a product is essential, and the manufacturer or producer is primarily responsible for it.
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What is the mathematical formula that you would use to describe the financial activity on a bank statement?
Answers
The mathematical formula that you would use to describe the financial activity on a bank statement is: ending balance = previous balance + deposits- withdrawals.
What is bank statement?Bank statement can be defined as the statement that help to show the transactions that happens in your accounts on a daily basis.
The transactions shown in your bank statement are the amount you withdraw and the amount you deposited which why a bank statement often has both a debit and a credit side.
Therefore we can conclude that the formula help to summarize the financial activity that take place in your account.
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The mathematical formula that will use to describe the financial activity on a bank statement is: Ending balance = previous balance + deposits- withdrawals.
What is a bank statement?A bank statement is a list of all transactions of money of a person. It contains the amount of money a person deposits and the amount of money he withdraws. It contains the dates and times of deposition and withdrawal.
The money that is withdrawn is debited money, and the money deposit is credit money.
Therefore, the mathematical formula is ending balance = previous balance + deposits- withdrawals.
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How would you explain the difference between a one-business company and a diversified company?
Answers
A one-business company focuses on a single industry, while a diversified company operates in multiple industries.
The difference between a one-business company and a diversified company lies in their approach to business operations and the range of industries they operate in. Here's a step-by-step explanation:
1. One-business company: A one-business company, also known as a single-business company, focuses its operations and resources on a single industry or business line. This means that the company specializes in producing or offering products or services within a specific sector.
2. Example: For example, a one-business company could be a manufacturing company that solely produces automobiles. All of its resources, such as capital, technology, and human resources, are dedicated to designing, producing, and marketing automobiles.
3. Advantages: The advantages of a one-business company include a deep understanding and expertise in a specific industry, which can lead to a competitive advantage. Additionally, a one-business company may be able to achieve economies of scale and specialization within its industry.
4. Limitations: However, a one-business company is more vulnerable to risks and fluctuations within its industry. If the industry experiences a downturn or faces significant competition, the company's financial performance may suffer. It may also lack diversification, which could limit its ability to adapt to changing market conditions.
5. Diversified company: On the other hand, a diversified company operates in multiple industries or business lines. This means that it has a broader scope of operations and may engage in a variety of activities across different sectors.
6. Example: For instance, a diversified company may have divisions or subsidiaries involved in industries such as technology, healthcare, real estate, and consumer goods. Each division or subsidiary operates independently, catering to the specific needs and demands of their respective industries.
7. Advantages: The main advantage of a diversified company is risk reduction through diversification. By operating in multiple industries, the company can spread its risks and minimize the impact of any one industry's downturn. Diversification can also provide opportunities for growth and expansion into new markets.
8. Limitations: However, managing a diversified company can be challenging as it requires expertise in multiple industries and the ability to allocate resources effectively. There may be increased complexity in coordinating operations, decision-making, and managing diverse business units. Additionally, a diversified company may face competition within each industry it operates in.
The former offers specialization and a deep understanding of a specific industry, while the latter provides risk reduction through diversification. Each approach has its advantages and limitations, and the choice between the two depends on various factors such as market conditions, risk tolerance, and strategic objectives.
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This assignment will help you apply porter's forces to an organization to find competitive opportunities using technology. ASSIGNMENT In this assignment you will choose an organization, and then walk through each force and ultimately choose a technology strategy to create an advantage. - Choose an industry, and then choose an organization within that industry. Describe both briefly. - Using Porter's Five Forces, for each force describe a 'problem' and an 'opportunity' within each force for the organization you selected in the above step. For Example: If I chose fast food and McDonald's, a problem for McDonalds in the customer force is that customers are increasingly becoming health focused. An opportunity for McDonald's would be to explore 'power shakes' that include workout supplements. - Next, examine the four basic competitive strategies. For each strategy, identify your selected organization's main competitor that would fit in that strategy (describe why you feel it fits). Which strategy (area) provides the most opportunity for your organization and which area does your organization belong to? - Finally, make a statement on what your selected organization's strategy should be.
Answers
Industry and Organization The industry that has been chosen for this analysis is the Automobile industry. The organization that has been selected for this analysis is Tesla. Tesla is an American company that specializes in the manufacturing of electric vehicles, solar panels, energy storage, and related products. Tesla is considered as one of the leading companies in the electric vehicle industry.Porter's Five Forces Porter's Five Forces is a framework that is used for industry analysis and is utilized to identify the competitive intensity of an industry.
The five forces are Supplier Power, Buyer Power, Competitive Rivalry, Threat of Substitution, and Threat of New Entry. The following is the analysis of each force for Tesla.Supplier Power The supplier power is considered to be low for Tesla as the company produces most of its own parts and components. Furthermore, Tesla has partnerships with suppliers that help the company in maintaining a steady supply chain. The opportunity for Tesla is to invest in research and development to find new materials and reduce the cost of manufacturing.Buyer Power The buyer power is moderate for Tesla as the company has a loyal customer base, which has a limited number of choices in the electric vehicle market. The opportunity for Tesla is to expand its product line and cater to a wider customer base.Competitive Rivalry The competitive rivalry in the electric vehicle industry is intense with companies such as BMW, Chevrolet, and Nissan as its competitors. Tesla has a competitive advantage due to its brand image, superior technology, and charging infrastructure. The opportunity for Tesla is to expand its presence in the market and focus on its unique selling points.Threat of Substitution The threat of substitution for Tesla is moderate, as some customers might opt for hybrid vehicles or traditional gasoline vehicles. The opportunity for Tesla is to expand its product line and offer vehicles with different price ranges and models.Threat of New Entry The threat of new entry is low for Tesla as the company has established itself as a leading company in the electric vehicle market.
Furthermore, the company has an extensive charging infrastructure and access to a large pool of talent. The opportunity for Tesla is to expand globally and reach out to untapped markets.Competitive Strategies The four basic competitive strategies are Cost Leadership, Differentiation, Cost Focus, and Differentiation Focus. The following is the analysis of each strategy for Tesla.Cost Leadership The main competitor that fits in this strategy for Tesla is Chevrolet Bolt. Chevrolet Bolt has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market. Differentiation The main competitor that fits in this strategy for Tesla is BMW i3. BMW i3 is considered to be a premium electric vehicle that has a unique design and advanced features.
Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.Cost Focus The main competitor that fits in this strategy for Tesla is Nissan Leaf. Nissan Leaf has a lower price point as compared to Tesla, but Tesla has an advantage in terms of range, charging infrastructure, and technology. Tesla should focus on reducing the cost of manufacturing and introducing an entry-level electric vehicle to cater to the mass market.Differentiation Focus The main competitor that fits in this strategy for Tesla is Porsche Taycan. Porsche Taycan is considered to be a premium electric vehicle that has a unique design and advanced features. Tesla should focus on developing innovative technologies and expanding its product line to cater to a wider customer base.
The strategy that provides the most opportunity for Tesla is Differentiation as it is an established brand that has a loyal customer base. Tesla should focus on introducing new products, expanding its charging infrastructure, and improving its technology. Tesla belongs to the Differentiation area.StatementTesla should focus on differentiation and offer unique products and services that cater to the needs of its customers. Tesla should expand its charging infrastructure and invest in research and development to improve its technology. Tesla should also consider introducing an entry-level electric vehicle to cater to the mass market.
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Why does the united states have limited to no trade with countries like cuba and venezuela?.
Answers
On September 4, 1961, partly in response, Congress handed the Foreign Assistance Act, a Cold War Act (among many different measures) that prohibited useful resource to Cuba and approved the President to impose a whole trade embargo towards Cuba.
What is the alternate relationship between the US and Cuba?U.S. diplomatic illustration in Cuba is handled with the aid of the United States Embassy in Havana, and there is a comparable Cuban Embassy in Washington, D.C. The United States, however, continues to preserve its commercial, economic, and economic embargo, making it unlawful for U.S. corporations to do enterprise with Cuba.
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https://brainly.com/question/25862883#SPJ4Outline TWO benefits of using the FIFO system for Mcdonald’s
Answers
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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Should the organization use the cash accounting method or the accrual accounting method? Why?
Answers
Answer:accounting method
Explanation:it is much more accurate
Companies can refuse to pay women workers who are new to the company the same wage as male workers who have been there for a number of years. Please select the best answer from the choices provided T F
Answers
It is that businesses might decide not to pay newly hired female employees the same wage as male employees who have worked for the company for a while. true
What is the equal pay law in India?According to the law, female employees cannot be subjected to discrimination when it comes to promotions, transfers, or other career-related decisions, and male and female employees must be paid equally for work that is of an equal or similar character. Dealing with the federal government is best.
Is it unlawful for men and women to earn differently?According to the Equal Pay Act, men and women who work in the same environment must receive equal compensation for doing equally well. Whether jobs are largely equal is determined by the job content.
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Miranda purchases a discount bond that promises to payout
$12,400 exactly 6 years from today. Assume the interest rate is 9%.
If Miranda holds the bond for 4 years and then sells it, what price
will s
Answers
The price of the bond after 4 years is approximately $9,441.50.
How to find the price of the bondTo calculate the price of the bond after 4 years, we need to find the present value of the bond. The present value of a bond is the value of the bond today, taking into account the future cash flows and the time value of money.
The formula for present value of a bond is:
PV = C / (1 + r)^n
Where
PV = Present Value
C = Cash Flow = $12,400
r = Interest Rate = 9%
n = Number of Periods = 6 years - 4 years = 2 years
Substituting these values into the formula
PV = $12,400 / (1 + 0.09)²
PV ≈ $9,441.50
Therefore, the price of the bond after 4 years is approximately $9,441.50.
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What do inventory firms use to handle bulk materials?
Answers
For handling bulk products, inventory companies utilize loaders.
The task that each unit is designed to do determines how bulk products equipment and systems are constructed, yet most systems share the same fundamental parts and functions. A complete system often includes:
1. A location for loading off the product. The system needs a point of access where products may be poured into it. This part of the system can be configured in a variety of ways, from straightforward bag dumping stations to train unloading stations.
2. A mechanism for loading. Most bulk products handling systems employ pneumatic conveyors, although there are other systems that use drag chain conveyors, screw conveyors, and bucket elevators. Numerous systems combine two or more of these various conveyors.
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We've Come a Long Way From Where We Began
Answers
Answer:
oh ill tell you all about it when i see you again
Explanation:
Gary has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. What kind of work-family conflict (WFC) is Gary experiencing
Answers
Answer:
time-based
Explanation:
From the question we are informed about Gary who has to stay late at the office to complete a project with an upcoming deadline. Furthermore, while he's working late, his boss emails him to inform him that the upcoming meeting for the project has been moved to the same time as his daughter's soccer game. Now Gary cannot attend his daughter's soccer game because of the work meeting. In this case, kind of work-family conflict (WFC) Gary is experiencing is Time-based.
Time-based conflict can be regarded as the conflict that comes up as a result of devoting a time for a role which makes it to be difficult to be able for someone to participate in role different from first role.
assuming, in August 2005 the World Bank granted India $365 million in loans with a Simple Interest rate of 10%, how much rate of interest is due on the loan after 1 month? a. $3,062,771 b. $3,010,212
c. $3,021,551
d. $3,041,667
Answers
The rate of interest due on the loan after 1 month is $3,041,667.
Assuming in August 2005 the World Bank granted India $365 million in loans with a Simple Interest rate of 10%, the interest due on the loan after 1 month can be calculated using the following steps:
1. Convert the annual interest rate to a monthly interest rate: 10% / 12 months = 0.8333%
2. Convert the percentage to a decimal: 0.8333% / 100 = 0.008333
3. Calculate the interest for 1 month: $365,000,000 * 0.008333 = $3,041,666.67
So, the rate of interest due on the loan after 1 month is approximately $3,041,667 (option d).
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The ____________ describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment.
inflation rate effect
interest rate effect
wealth effect
price effect
Answers
The Interest Rate effect describes a situation where sufficient credit is available, but the economy experiences a reduction in consumption and investment.
The correct option is (B)
The interest rate effect refers to the effect of an increase or decrease in aggregate demand in an economy due to changes in interest rates set by the central bank of a country. Interest rates have an inverse relationship with aggregate demand. When rates are high, demand is low and vice versa.
A house will be the most expensive purchase of most people's lives. Few Americans have enough cash savings to buy a house outright, so instead they make a cash down payment, and they borrow the rest of the cost from a bank, which charges them interest.
The correct option is (B)
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sorenson’s march 2020 video for marriott employees exhibited characteristics of _________blank leadership.
Answers
Sorenson's March 2020 video for Marriott employees exhibited characteristics of transformational leadership. In the video, Sorenson spoke directly to employees, acknowledging the challenges they were facing due to the COVID-19 pandemic and expressing empathy for their situation.
He also outlined the steps that Marriott was taking to support its employees and customers during this difficult time. Sorenson's leadership approach focused on inspiring and motivating employees to adapt to change and work towards a common goal. This type of leadership is characterized by a vision for the future, the ability to communicate effectively, and a focus on empowering and developing employees. However, the blank in your question needs to be filled with a leadership style to provide an accurate response. Please provide the leadership style you would like me to discuss in relation to Sorenson's video, and I'd be happy to help.
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What is an Individual Asynchronous Communicator? And provide 2 examples of people who are like that
Answers
Answer:
asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3
Explanation:
What types of procedures in schools could benefit from TQM? If students are regularly late for classes, how can the school use TQM tools to help solve the problem?
Answers
SO THE ANSWER FOR THE TWM IS
393
For managers, the importance of Maslow's contribution is that he showed that workers Group of answer choices are interested only in compensation that helps them fulfill physiological needs. have needs beyond that of just earning a paycheck. are as complex as their organization. expect an employer to fulfill every level in their hierarchy of needs. have needs that cannot be understood by their employer.
Answers
Answer:
have needs beyond that of just earning a paycheck.
Has anyone got some beginner tips on starting a business??
Answers
Answer: a little bit
Begin with like a detailed plan. This one is a must,Develop an in-depth plan that fully details how you'll attack the challenge aheadHave the Right MindsetConsistency is KeyNew business owners tend to feed off their motivation initially but get frustrated when that motivation wanes. This is why it’s essential to create habits and follow routines that power you through when motivation goes away.Refine Your Business IdeaKnow Your Competitors and MarketChoose Your Business StructureAnd there is plenty more of tips that is too much for me to type, have a wonderful day!!!!!
Research on job characteristics indicate that: _____________
a. people with a minimal variety of skills are always less satisfied with their job.
b. people with autonomy on their job are always more satisfied with their job.
c. all people want feedback on their jobs.
d. people who have high growth need tend to expect their jobs to help them build new skills.
Answers
Research on job characteristics indicates that people who have a high growth need tend to expect their jobs to help them build new skills.
Research has shown that job characteristics can have an effect on job satisfaction and that the effect can be strong. People who are given autonomy over their jobs are found to be more satisfied with their work, while people with little or no autonomy are more likely to feel unfulfilled and unhappy with their jobs.A job with a high level of variety, challenge, and responsibility can be more satisfying than one with little variety, challenge, and responsibility. It is not always necessary to have a job that is challenging, but it is important to have a job that is meaningful and that provides opportunities for growth and development.People who have a high need for growth may be interested in learning new skills, gaining new experiences, and taking on new challenges. A job that allows them to do so is likely to be more satisfying than one that does not. Additionally, people who are given opportunities to learn and grow are more likely to stay with an organization for longer periods of time.The research also indicates that all people do not want feedback on their jobs. Some people prefer to work independently and do not like to be closely supervised. These individuals may be less interested in receiving feedback on their work. Therefore, it is important for organizations to tailor their feedback strategies to the needs and preferences of their employees.
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Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30th? Exercise 8-1 Schedule of Expected Cash Collections [LO8-2] Silver Company makes a product that is very popular as a Mother's Day gift. Thus, peak sales occur in May of each year, as shown in the company's sales budget for the second quarter given below: April $300,000 Total $1,000,000 May $500,000 June Budgeted sa les (all on account) $200,000 From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. Bad debts are negligible and can be ignored. February sales totaled $230,000, and March sales totaled $260,000. Required: 1. Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30th? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. Schedule of Expected Cash Col lections April May June Total February sales March sales April sales May sales June sales Total cash collections
Answers
(1)Total cash collections are $46,000 $242,000 $580,000 $868,000.
(2)The accounts receivable balance on June 30th is $285,000.
(1) Schedule of Expected Cash Collections
April May June Total
February sales $46,000 - - $46,000
March sales - $182,000 - $182,000
April sales - $60,000 $210,000 $270,000
May sales - - $350,000 $350,000
June sales - - $20,000 $20,000
Total cash collections $46,000 $242,000 $580,000 $868,000.
(2)The accounts receivable balance on June 30th, we need to subtract the cash collections from the accounts receivable balance on June 1st and add the credit sales for June.
Beginning accounts receivable balance (June 1st): $350,000 (May sales) x 30% = $105,000
Credit sales for June: $200,000
Total accounts receivable balance on June 30th:
$105,000 (beginning balance) + $200,000 (June credit sales) - $20,000 (June cash collections) = $285,000
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For the given cash flows, suppose the firm uses the NPV decision rule.
Year Cash Flow
0 –$ 148,000
1 64,000
2 75,000
3 59,000
At a required return of 12 percent, what is the NPV of the project? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
NPV $
At a required return of 21 percent, what is the NPV of the project? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
NPV $
Answers
The NPV of the project at a required return of 12 percent is $5,260.79, and at a required return of 21 percent, it is -$7,971.99.
To calculate the Net Present Value (NPV) of the project, we need to discount the cash flows at the required return rate for each year.
Using the given cash flows:
Year 0: -$148,000
Year 1: $64,000
Year 2: $75,000
Year 3: $59,000
At a required return of 12 percent:
To calculate the NPV, we discount each cash flow using the formula:
NPV = CF0/(1+r)^0 + CF1/(1+r)^1 + CF2/(1+r)^2 + CF3/(1+r)^3
NPV = -$148,000/(1+0.12)^0 + $64,000/(1+0.12)^1 + $75,000/(1+0.12)^2 + $59,000/(1+0.12)^3
Calculating this, we find the NPV to be $5,260.79.
At a required return of 21 percent:
Using the same formula, we calculate the NPV:
NPV = -$148,000/(1+0.21)^0 + $64,000/(1+0.21)^1 + $75,000/(1+0.21)^2 + $59,000/(1+0.21)^3
Calculating this, we find the NPV to be -$7,971.99 (negative value indicates a negative NPV).
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If a country has a current account deficit, which of the following must be true? It must also show a deficit in its capital account. It must also show a deficit in its capital account. A It must show a surplus in its capital account. It must show a surplus in its capital account. B It must increase the purchases of foreign goods and services. It must increase the purchases of foreign goods and services. C It must increase the domestic interest rates on its bonds. It must increase the domestic interest rates on its bonds. D It must limit the flow of foreign capital investment.
Answers
Answer:
A. It must show a surplus in its capital account.
Explanation:
A deficit can be defined as an amount by which money, falls short of its expected value.
In Financial accounting, deficit is usually as a result of revenue falling below expenses or expense exceeding revenue at a specific period of time.
For instance, if in a country liabilities exceeds assets or import exceeds export there would be a deficit in the financial account of the country.
Generally, a deficit on the current account of a country leads to a surplus on the financial and capital account. This is simply as a result of a country having to import more goods and services than it is exporting to other countries in trade.
Hence, if a country has a current account deficit, it must show a surplus in its capital account.
In conclusion, a deficit on the current account is because the value of goods and services exported is lower than the value of goods and services being imported in a particular country.