what are the advantages and disadvantages of each? c) why is it important for mja, inc. to conduct both primary
Answers
It important for MJA, Inc. to conduct both primary & secondary research as blend of primary and secondary research will permit you to deal with the points of interest and disservices of each kind of research.
Research is defined as "creative and methodical activity done to improve the body of knowledge." It entails gathering, organising, and analysing data in order to better understand a subject, and is distinguished by a focus on minimizing bias and error causes.
These tasks are distinguished by taking biases into account and adjusting for them. A research effort could build on prior contributions to the field. Documentation, discovery, interpretation, and the R&D of techniques and systems for the growth of human knowledge are the main goals of fundamental research.
The above question is incomplete, the complete question is-
Primary Research Your company needs to find out more about the potential of computer users. B) What primary research methods are appropriate to find out about the needs of computer users. What are the advantages and disadvantages of each? C) Why is it important for MJA, Inc. to conduct both primary & secondary research?
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Related Questions
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
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The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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Consider the basic elements of the formula for calculating Economic Order Quantity. Which statement below is not approriate? A. If annual demand were to double, the number of orders per year would increase. B. If the ordering cost were to increase, the EOQ would rise. C. If annual demand were to double, the EOQ would also double. D. If the setup cost were to decrease, the EOQ would fall. E. All of the above statements are true.
Answers
The statement that is not appropriate is C. If annual demand were to double, the EOQ would also double.
The Economic Order Quantity (EOQ) formula calculates the optimal order quantity to minimize total inventory costs. The basic elements of the formula include annual demand, ordering cost, and setup cost.
Statement A is true: If annual demand were to double, the number of orders per year would increase because the same order quantity would need to be ordered more frequently.
Statement B is true: If the ordering cost were to increase, the EOQ would rise because higher ordering costs would make it more expensive to place orders, leading to larger order quantities to reduce the frequency of ordering.
Statement D is true: If the setup cost were to decrease, the EOQ would fall because lower setup costs would make it more cost-effective to place smaller and more frequent orders.
However, statement C is not true: If annual demand were to double, the EOQ would not necessarily double. The EOQ is influenced by various factors, and a doubling of demand alone would not result in a doubling of the EOQ.
Therefore, the correct answer is E. All of the above statements are not true.
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A restaurant worker earns a set amount per hour from their employer. They also receive tips from customers. Their earnings most closely resemble those of which of the following? a. An employee working on straight commission b. An employee working on commission plus salary c. An employee working on a piece-rate basis d. An employee working on a fixed salary.
Answers
In this case, the restaurant worker's earnings closely resemble that of an employee working on commission plus salary.
Basically, a commission earnings means an additional payment that is accrued during the course of work and are paid in addition to a base salary.
Hence, the restaurant worker's earnings closely resemble that of an employee working on commission plus salary.
Therefore, the Option B is correct
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what is a business plan
Answers
Answer:
a document setting out a business's future objectives and strategies for achieving them
Explanation:
An established electronics business has reinvented itself and come up with some novel new products. The owners want to go beyond the same old ads and commercials to promote these products. As a well-informed media planner, you suggest a merger of advertising and entertainment, including promotions in video games, cell phones, in malls and retail stores, and at movie theaters. This mix is known in the industry as: Group of answer choices
Answers
Answer: a. Madison & Vine.
Explanation:
Madison and Vine advertising refers to an innovative way of marketing where both advertising and entertainment are merged so as to present a different style and reach more people.
People are usually more attentive when being entertained and so advertising to them during these times increases the chances of success which is what prompted this type of advertising and this is what is being offered to the electronics business by you in the scenario above.
a turnaround strategy involves reversing performance decline and reinvigorating growth toward profitability. the firm should analyze the external and internal environments carefully. what will the internal analysis reveal? group of answer choices customer groups that find the product attractive market segments that are likely to be interested in the product potential actions for reducing costs locations that would improve traffic
Answers
The correct answer is 'potential actions for reducing costs'. The internal analysis of a turnaround strategy will reveal the internal strengths and weaknesses of the firm.
This analysis will provide insight into the firm's resources, capabilities, and core competencies, which will help identify areas where the firm can improve its performance.
Some of the potential insights that can be gained from an internal analysis include:
Identification of underperforming business units or product linesAssessment of the firm's financial performance, including profitability, liquidity, and solvencyIdentification of areas where cost reductions can be madeEvaluation of the firm's organizational structure and management practicesAssessment of the firm's marketing and sales efforts, including the effectiveness of its pricing and distribution strategiesIdentification of the firm's core competencies and resources that can be leveraged to improve performanceEvaluation of the firm's production and supply chain processes, including the identification of bottlenecks and areas for improvement.Therefore, the correct answer is: potential actions for reducing costs.
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Correct question:
A turnaround strategy involves reversing performance decline and reinvigorating growth toward profitability. The firm should analyze the external and internal environments carefully. What will the internal analysis reveal?
Multiple Choice
customer groups that find the product attractivemarket segments that are likely to be interested in the productpotential actions for reducing costslocations that would improve traffica bank form which lists the checks, currency, and coins an account holder is adding to a bank account.
Answers
The checks, cash, and coins that are being added to a bank account are listed on a deposit slip.
One can deposit and withdraw money from a bank account, make payments, send money to another person or organisation, pay bills online, and more. Bank accounts allow for cashless transactions and the receipt of direct deposits from employers or other organisations.
Opening a bank account can be one of the most crucial actions to achieve financial objectives. Because keeping money in an FDIC-insured bank account can provide monetary security, simple access to funds, cost savings from check cashing costs, and general monetary peace of mind.
Deposit account funds are used by banks to fund loans to other people or companies. The borrower pays interest on those loans to the bank in return.
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If the U.S. dollar-British pound exchange rate is $1.30 per pound, and the U.S. dollar-euro rate is $1.12 per euro: Instructions: Enter your response rounded to the nearest two decimal places. a. What is the pound-per-euro rate?
Answers
Given that the U.S. dollar-British pound exchange rate is $1.30 per pound, and the U.S. dollar-euro rate is $1.12 per euro.A rate of exchange is the number of units of one country's currency that has to be surrendered to get one unit of another country's currency.
It is used to compare the relative value of the two currencies.So, to find the pound-per-euro rate, we can use the cross-rate formula.Cross-rate = rate of currency 1 / rate of currency 2Given that the rate of U.S. dollar-British pound exchange is $1.30 per pound.Rate of GBP/USD = $1.30 per pound.To calculate the rate of USD/GBP, we can take the reciprocal of $1.30 per pound.USD/GBP rate = 1/1.30 per pound or 0.7692 pounds per dollar.Similarly, given that the rate of U.S. dollar-euro exchange is $1.12 per euro.Rate of USD/EUR = $1.12 per euro.To calculate the rate of EUR/USD, we can take the reciprocal of $1.12 per euro.EUR/USD rate = 1/1.12 per euro or 0.8929 dollars per euro.We can now use the cross-rate formula:GBP/EUR rate = GBP/USD rate ÷ EUR/USD rate= 0.7692 pounds per dollar ÷ 0.8929 dollars per euro= 0.8617 pounds per euro (rounded to the nearest two decimal places)Therefore, the pound-per-euro rate is 0.86.
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According to the video case "What is Blockchain?", how can the use of Blockchain significantly reduce the likelihood of financial fraud?options: International money transfers using Blockchain must be approved by both country's central bankEvery Blockchain transaction will be recorded on a public and distributed ledgerBlockchain transactions must following existing financial regulations and lawsTransactions on Blockchain are all verified by notaries and other trust services
Answers
According to the video case "What is Blockchain?", the use of Blockchain can significantly reduce the likelihood of financial fraud because every Blockchain transaction will be recorded on a public and distributed ledger.
The transparency and immutability of the distributed ledger mean that once a transaction is recorded, it cannot be altered or deleted. This makes it much more difficult for fraudsters to manipulate transaction records or hide fraudulent activity. Additionally, the use of cryptography and digital signatures in Blockchain transactions can provide enhanced security and authentication measures.
While the other options listed may also contribute to reducing the likelihood of financial fraud in certain contexts, it is the public and distributed ledger aspect of Blockchain that is specifically highlighted in the video case as a key feature that can help prevent and detect fraud in financial transactions.
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A US based company is attempting to merge with a French National conglomerate. With IFRS and GAAP being so different, what would be some of the challenges the two sides may face with the merger from an accounting standpoint?
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The merger between a US-based company and a French National conglomerate can pose several challenges from an accounting standpoint due to the differences between International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP). Some of the challenges they may face include:
Accounting Principles: IFRS and GAAP have different underlying principles and concepts. IFRS is principles-based, emphasizing substance over form, while GAAP is rules-based, providing specific guidelines for various transactions. The differences in accounting principles can lead to variations in the recognition, measurement, and presentation of financial information.
Financial Statement Presentation: IFRS and GAAP have different requirements for financial statement presentation. The formats and classifications of items on the balance sheet, income statement, and cash flow statement may vary between the two sets of standards. This can make the comparison and consolidation of financial statements challenging.
Revenue Recognition: IFRS and GAAP have differing guidance on revenue recognition, particularly in areas such as the timing of revenue recognition, multiple-element arrangements, and percentage-of-completion method for long-term contracts. Aligning the revenue recognition policies of the merging entities can be a complex task.
Valuation of Assets and Liabilities: IFRS and GAAP may have different rules for the valuation of assets and liabilities, such as inventory, property, plant, and equipment, intangible assets, and financial instruments. Differences in valuation methodologies can impact the reported values of assets and liabilities, which can have implications for financial ratios, financial performance, and tax implications.
Business Combinations and Goodwill: IFRS and GAAP have different requirements for accounting for business combinations and the subsequent treatment of goodwill. For example, IFRS allows for the option of measuring goodwill at cost or using the impairment model, while GAAP follows a more strict impairment-only model. This can result in differences in the recognition and measurement of goodwill and the related impact on financial statements.
Disclosures: IFRS and GAAP have varying disclosure requirements, with differences in the level of detail and specific disclosures mandated for certain transactions and events. Harmonizing the disclosure requirements can be a complex task to ensure compliance with both sets of standards.
These are just a few examples of the challenges that may arise during the merger process from an accounting standpoint. It is crucial for the merging entities to have a thorough understanding of the differences between IFRS and GAAP and work closely with accounting professionals and advisors to address these challenges effectively and ensure accurate financial reporting and compliance with relevant regulations.
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when the average product is increasing and has not yet reached its maximum, marginal product of labor:
Answers
When the average product grows, so does the marginal product.
The Marginal Product is the additional output created as a result of using an additional unit of the variable factor input. As a result, we can define marginal product as the addition to Total Product when an additional factor input is applied.It is computed by dividing the Total Product by the inputs and is defined as the output per unit of factor inputs or the average of the total product per unit of input (variable factors).When the average product increases, the marginal product rises with it. When the average product falls, the marginal product falls below the average product. Marginal and Average Product are equivalent at the maximum of Average Product.Thus this is the relationship between Average product and marginal product.
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costs that a firm remaining in business will still incur even if it halts current production are called
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True or false? Monetary policy involves the use of federal government spending to change the money
Answers
False. Monetary policy refers to the actions taken by a central bank, such as the Federal Reserve in the United States, to manage the money supply, interest rates, and credit conditions in an economy.
It primarily involves the use of various tools, such as open market operations, reserve requirements, and discount rates, to influence the availability and cost of money in the economy. On the other hand, fiscal policy relates to the use of government spending and taxation to influence overall economic activity and stabilize the economy. It involves decisions made by the government regarding its budget, revenue, and expenditure, which can impact the money supply indirectly. Therefore, monetary policy and fiscal policy are distinct and separate tools used by the government to affect the economy, with monetary policy focusing on money supply and interest rates, while fiscal policy focuses on government spending and taxation.
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To start a new business Beth deposits $2000 at the end of each six-month period in an account that pays 7%, compounded semiannually. How much will she have at the end of 9 years?
Answers
Beth will have $6,402.32 at the end of 9 years.
To calculate the final amount, we can use the formula for compound interest: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal amount, r is the annual interest rate, n is the number of times the interest is compounded per year, and t is the number of years.
In this case, Beth deposits $2,000 at the end of each six-month period, so the principal amount is $2,000. The annual interest rate is 7%, compounded semiannually, which means n = 2. The total number of periods is 9 years, so t = 9.
Plugging these values into the formula, we get A = 2000(1 + 0.07/2)^(2*9) = $6,402.32.
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Which c of the four c’s of marketing associates withe the promotion element of the marketing mix
Answers
Answer:
Communication
Explanation:
In the four Ps of marketing, promotion is closely associated with communication in the 4c of marketing. Promotions are the activities a business undertakes to convince customers to buy a product. Communication is a more customer-oriented approach compared to a promotion, which can be manipulative.
Communication involves creating an interaction between buyer and seller. The buyer seeks to form a relationship with the sellers and convince them to buy.
in many restaurants, it is common for customers to fill their own drinks. this activity is an example of . customer compliance customer interaction customer coproduction customer proactivity
Answers
This activity is an example of customer coproduction. Customer coproduction refers to situations where customers are actively involved in creating and delivering the service experience.
In this case, customers are filling their own drinks, which is a task that was traditionally done by the restaurant staff. By allowing customers to participate in this activity, restaurants can save time and resources while also providing a more interactive and engaging experience for customers.
Overall, customer coproduction can lead to higher levels of customer satisfaction and loyalty as customers feel more invested in the service experience.
In many restaurants, it is common for customers to fill their own drinks. This activity is an example of customer coproduction. Customer coproduction refers to the involvement of customers in the creation or delivery of a product or service.
By filling their own drinks, customers actively participate in the service process, contributing to efficiency and the overall experience. This allows the restaurant staff to focus on other tasks, ultimately improving the customer experience and satisfaction.
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betty bought a jar of facial cream with natural ingredients for $50 online from beauty today inc., a company that promises a youthful wrinkle-free skin for those who buy the cream and use it twice a day. betty used the cream as directed but didn't see any difference in her skin. which of the following statements is not an ethical explanation of betty's situation?
Answers
Betty spent $50 on a jar of facial cream with natural ingredients from beauty today inc., a business that guarantees customers who purchase the cream and apply it twice daily would have youthful skin free of wrinkles. Betty followed the cream's instructions, but her skin didn't seem to change. Betty's condition cannot be ethically explained by customers assuming that all product labels are accurate.
In the business world, ethics are crucial. It involves analyzing what should be done and studying morally righteous business actions and judgments. Human behavior is shaped and molded by ethics. It helps workers fulfill their roles.
Ethics, however, cannot be taught until we "live what we teach." If not, preaching will only have the same impact as a house of cards.
"Relating to moral business principles or the area of science dealing with these," according to a simple dictionary definition, is what the word "ethics" means. Given the numerous ways that the word "ethical" is used, its definition can be ambiguous and broad.
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How do worker organizations influence wages?
A. They fight for higher pay for workers.
B. They lower the market value of workers.
C. They enforce regulations raising the minimum wage.
D. They require workers to have more education.
SUBMIT
Answers
Answer:
A.
Explanation:
In many industries wages are linked to enterprise cost of living which ensures a fair wages to workers. The wage rates are directly influenced by cost of living of a place. The workers will accept a wage which may ensure them a minimum standard of living. Wages will also be adjusted according to price index number.
They fight for higher pay for workers is the way organizations influence workers for wages. In many businesses, wages are tied to the cost of living of the company, ensuring that workers are paid fairly.
What is wage employment?In both the official and informal economies, wage employment encompasses any salaried or compensated position under contract to another person, organization, or company. Finding decent-paying work for those with impairments is often difficult.
Thus, option A, They fight for higher pay for workers is correct.
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Son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso
Answers
La respuesta correcta para esta pregunta abierta es la siguiente.
A pesar de que no se anexan opciones o incisos para responder, podemos decir lo siguiente.
Aquí estamos hablando de los costos históricos. Estos costos son los que se produjeron en determinado periodo: los costos de los productos vendidos o los costos de los que se encuentran en proceso.
Un buen contador dentro de la empresa, se basará en estos costos históricos para poder predecir o proyectar los costos predeterminados y tener cierta información de lo que puede suceder a corto o mediano plazo.
Recordemos que esos costos predeterminados son necesarios para que los contadores puedan elaborar presupuestos lo más apegados a la realidad y se puedan ajustar con el tiempo. Para elaborar estos costos predeterminados, el contador hace uso de herramientas estadísticas.
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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ABC Furniture Company wishes to raise capital by issuing some securities in its home state. The CEO of the company feels that registration with the Administrator is unnecessary because the issue is exempt. Should ABC be ordered to appear at a hearing, the burden of proving its issue is exempt is on
Answers
Answer: The company
Explanation: The burden of proving the exemption issued by the CEO of ABC furniture should ABC be issued to appear at an hearing in other to defend its stance on the exemption issued will be on the company. Even though the the exemption was made by the Chief Executive Officer of the company. The burden of proof lies on the shoulder of the corporation which requests for the exemption and not the individual who make the exemption request on behalf of the corporation which is the corporation's CEO and not the Administrator on which exemption was made. Thus proving the legality of an exemption always rests on the shoulder of the requesting corporation.
Please post detailed answers to the following questions. Please use complete sentences. Why is money management important? How would you rate your own money management?
Answers
One of the most crucial aspects of you financial life is money management.
Why is proper money management important?Reaching your financial objectives, paying off debt, and increasing your savings can all be facilitated by understanding how to budget, spend, and save.It is strongly advised that students create a budget for each category, such as food, phone, travel, etc. Any person should be very aware of where their funds are coming from and going. You may find out where you overspend and where you waste money by keeping track of your costs. Your money remains in good shape if you consistently spend less as you make.
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In general, business writing should be _____.
Answers
Business writing is important in the business community. The writing style and material must be specific in order to elicit a meaningful reaction and be expressive in nature.
What is a company definition in a nutshell?
A business is described as a company or organisation that engages in commercial, industrial, or professional activity. Companies can be either for-profit or non-profit organisations. Limited liability firms, sole proprietorships, corporations, and partnerships are all examples of business structures. The introduction to the business plan provides a basic summary of the business plan, including a brief company description, aims and objectives, and the reason for launching the firm.
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how important is it for top managers to pay a visit to a market or site before making a final decision?
Answers
Very important. Field tours are typically used to completely analyze any difficulties that remain so that, in the event that a certain market or site is chosen, the conditions of any agreement are clearly understood.
Top management is made up of those who control an organization's resources, authority, and ability to make decisions. They also have control over how the organization changes.
Those in top management are those who "direct and oversee an organization at its highest level." Furthermore, it says that "top management has the ability to provide authority and allocate funds throughout the business."
A top-level manager is an executive-level professional who is in charge of developing and carrying out organizational plans and policies. They serve as the middleman in negotiations between upper- and lower-level managers. These experts could assist in directing an organization's overall course.
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After a presentation is created, there is nothing left to do.
True
False
Answers
Answer:
false
Explanation:
How much y’all think I’m worth?
Y’all think ima great dancer?
Who follows me
Answers
Answer:
What????..............
What objective can a smart budget fulfill for an individual as well as an organization?
A.
helps to map expenses and control spending
B.
helps to find new avenues for income
C.
helps to reduce the amount paid towards taxes
D.
helps to indulge in over spending
Answers
The answer is A........
the federal aid in wildlife restoration act (or pittman–robertson act) pays for:
Answers
The Federal Aid in Wildlife Restoration Act, also known as the Pittman-Robertson Act, is a federal law passed in 1937 that provides funding for the conservation of wildlife habitats and restoration of wildlife populations.
This act is funded by an excise tax on firearms, ammunition, and archery equipment, which generates hundreds of millions of dollars every year. The Pittman-Robertson Act has helped fund numerous conservation and restoration projects across the United States, including habitat restoration, species management, and research on wildlife populations.
The funds have also been used to purchase land for public use, construct facilities for hunters and anglers, and support outreach and education programs that promote conservation. The act has been critical in funding the restoration of endangered and threatened species, such as the bald eagle and the gray wolf. The act has also been used to fund research on wildlife diseases and invasive species that can negatively impact native species and environment .
In summary, the Federal Aid in Wildlife Restoration Act, or Pittman-Robertson Act, pays for a wide range of conservation and restoration projects that benefit wildlife and their habitats. The funding generated from this act has been essential in promoting wildlife conservation and restoring wildlife populations throughout the United States.
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how much cash can you deposit without raising suspicion
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10. According to the inventory life cycle,
after a retailer receives products, the next
step is
• A. to display products.
• B. that the retailer prices products.
• C. inventory is purchased.
• D. that the customer shops the store.
B
Answers
Answer:
B. that the retailer prices products.
Explanation:
In the inventory life cycle, after a retailer receives products, the usual next step is to display the products, arranging them properly for customer viewing and ensuring they have accurate price tags.
Explanation:According to the inventory life cycle in the retail business, after a retailer receives products, the next step is usually to display products (Option A). This is because once products are received, the goal is to prepare them for sale to customers as quickly as possible. Proper product display includes arranging goods attractively, often following visual merchandising principles, and making sure all items have accurate price tags so customers can make informed purchasing decisions. Following product display, customers can then shop the store (Option D).
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