Selecting right mode of transportation for the business is an important decision as it affects the logistics and supply chain. This has direct impact on : -
1. Cost: - The decision of mode of transport would have direct bearing on cost involved and hence the price to the consumer.
2. Time: - Time taken for raw material to reach the factory and the finished good to reach to market.
Selecting the right mode of transport depends upon the product, the location, availability of means of transport, product margin, perishable life of product and the need to reduce the time lag.
Various modes of transport are : -
1. Road transport : - Example: Trucks, commercial vehicles.
Advantages: -
a) Relatively cheaper mode of transport
b) Does door to door service
Disadvantages: -
a) Affected by climatic conditions like flood, rain, landslide etc
b) Limited quantity transport and not economical for very long distance.
2. Air transport : Example - Passenger aircraft, Cargo aircraft, helicopters.
Advantages : -
a). Faster mode of transport
b). Reaches places not accessible by road/ water.
Disadvantages : -
a). High cost involved.
b). Affected by adverse weather conditions.
3. Rail Transport : Example : Goods and passenger trains.
Advantages : -
a). Faster than Road transport with no traffic congestions
b). Not much affected by climatic conditions.
Disadvantages : -
a). Depedent upon rail network connectivity and not suitable for remote areas.
b). Does not provide door to door service.
4. Water Transport : - Example - Ships, boats, steamers
Advantages :
a). Economical for heavy load and cargo.
b). Lesser cost than air transport for international destinations
Disadvantages
a). Slower mode so not suitable for perishable goods.
b). Highly affected by weather conditions.
Roger's organization received a mass email message that attempted to trick users into revealing their passwords by pretending to be a help desk representative. what category of social engineering is this an example of?
Starbucks is owns and operates most of its retail outlets; mcdonalds franchises most of its retail outlets. an advantage of franchising over vertical integration is:
A nominal interest rate is defined as "the opportunity cost of holding or using money." explain what you understand this definition to mean.
Many people dream of opening their own restaurant someday and restaurant supply houses provide easy finance options for equipment purchases. also, a high growth is projected for the restaurant industry sector. according to porter's five-force model, this is one of the reasons why the _____ in this industry is so high. failure rate exit barrier threat of potential entrants technological breakthrough
1. Which of the following types of work do public service workers conduct?
a. They deliver services to people who need them.
b. They observe and analyze computer informational technology systems.
c. They conduct research for disease prevention.
d. They study the travel habits and patterns of tourists.
2. What type of person would enjoy a career in education?
a. Someone who enjoys working by himself.
b. Someone who enjoys working short hours and having summers off.
c. Someone who loves to work with others and help them learn new things.
d. Someone who is interested in advancing in his career field and becoming rich.
3. Which of the following careers is in the field of business and finance? Select all that apply. (only 2 of them apply)
a. architect
b. loan officer
c. marketing manager
d. systems administrator
4. Which of these people would be best suited for a career in the arts?
a. a creative person
b. an introvert
c. a logical person
d. a perfectionist
5. Which of these food industry jobs is classified as a food preparation career?
a. Bartender
b. Butcher
c. Maitre d'
d. Sous chef
Answer:
1) They deliver services to people who need them.
A public service worker is an employee of the government that their job is to provide good services to the general public for the good of the public.
2) Someone who loves to work with others and help them learn new things.
An educator is basically a person that guide a learner. To become an educator, one must be able to work with others and guide them into the right path of knowledge.
3) b) Loan officer c) marketing manager.
A loan officer is a person who works for a financial institution, CBA be a bank, mortgage company, etc that is specialised in the recommendation of loans to individuals and companies.
A marketing manager is an individual involved in the administration of a company or business marketing department.
4) a creative person
A creative person is a no brainer ehen it comes to art because art involves bringing into existence original things.
5) Bartender:. A food preparation worker is directly involved in the preparation of food under the supervision of a chef. A bartender is a good example of a job in the food preparation career as they are involved in the direct preparation of drinks.
Condominiums usually require a monthly fee for various services. at $235 a month, how much would a homeowner pay over a period of 10 years for living in this housing facility? total fee $ 2350
Final answer:
To find the total condominium fees over 10 years, multiply the monthly fee of $235 by the number of months in 10 years (120). The total amount comes to $28,200.
Explanation:
To calculate the total condominium fee over a period of 10 years, first understand that a monthly fee of $235 is charged. To find the total amount paid over 10 years, we need to calculate the monthly payments aggregated over the years. 10 years consists of 10 x 12 months, which is 120 months.
The total fee paid over 10 years is therefore 120 months times $235 per month. Using a simple multiplication:
120 months x $235/month = $28,200
So, a homeowner would pay a total of $28,200 in condominium fees over the span of 10 years.
Octavio wants to compare the gross national product for six different countries for the year 2016. the best way for him to display this information is with
If Octavio wants to compare the gross national product for six different countries for the year 2016, he can best show his information by combination charts. For example, you can combine a line chart or a bar chart that shows the gross national product (GNP) range with a column chart that shows GNP per country. The two variables are set as Y and X axis respectively.
To compare the Gross National Product for six countries, a bar graph or column chart would be the most effective as it allows for easy visual comparison. Each country would be represented by a bar, and the height or length of the bar would reflect the GNP.
Explanation:The best way for Octavio to display the comparison of the Gross National Product (GNP) for six different countries for the year 2016 would be using a bar graph or a column chart. These visual tools allow us to easily compare quantities across different categories, in this case, countries.
A bar or column chart's ease of interpretation is its biggest advantage. The length or height of the bars would represent the GNP, and each bar would represent a different country. This would allow for a quick visual comparison to see which countries have a higher or lower GNP. The countries (categories) would be along the x-axis and the GNP (values) would be along the y-axis.
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gr8 marketing company and brainfreeze tunes, inc., sign a document that states gr8 agrees to create a marketing campaign for brainfreeze, which agrees to pay gr8 for the service. gr8 and brainfreeze have a quasi contract. an express contract. an executed contract. an implied contract.
Gr8 Marketing and Brain Freeze Tunes, Inc., is under an express contract. This is a kind of contract which has an exchange of assurances in which the terms by which the parties reach a decision to be certain are acknowledged either verbally or in writing, or a mixture of both, at the period it is created.
GR8 Marketing Company and Brainfreeze Tunes, Inc., have an express contract, which is a written or verbal agreement where the terms are explicitly stated by the parties involved.
Based on the description given, GR8 Marketing Company and Brainfreeze Tunes, Inc., have signed a document detailing their agreement. GR8 is to create a marketing campaign for Brainfreeze, and Brainfreeze agrees to pay GR8 for this service. This arrangement is classified as an express contract. An express contract is one where the terms and conditions are declared by the parties involved and can be written or spoken.
It is different from a quasi-contract, which is not a true contract but is imposed by law to prevent unjust enrichment, or an implied contract, which is inferred from the actions or circumstances of the parties. It is also not an executed contract which refers to a contract that has been fully performed by all parties. In this case, the terms are straightforward and explicitly stated on a document, meeting the definition of an express contract.
Sealy, the largest manufacturer of mattresses in the u.s., recently set out to redefine its place in the bedrooms of america. no longer was it going to be associated as simply a mattress company. henceforth, the name sealy was going to be known as the world's leading "sleep wellness provider". this is an example of
Records show that 5% of all college students are foreign students who also smoke. it is also known that 50% of all foreign college students smoke. what percent of the students at this university are foreign?
10 percent of the students at this university are foreign students calculated to the given information.
You can use the information provided to calculate the proportion of international students at the university.
Let's indicate:
F is the percentage of all students who are foreign students.
S as the percentage of all students who smoke.
FS is the percentage of foreign students who smoke.
From the information provided:
5% of all college students are foreign students who also smoke, which means
[tex]FS = 5\%[/tex]
50% of all foreign college students smoke, which means FS is also equal to 50% (or 0.50).
Now you can use this data to calculate F (the proportion of international students in the total student body). The knowledge that the proportion of all foreign students who smoke (FS) should be equal to the proportion of all foreign students (F) times the proportion of foreign students who smoke (50 percent, or 0.50), allows you to construct the following equation:
[tex]FS = F \times 0.50[/tex]
We already know that FS is 5%, so we can plug that in:
[tex]5\% = F \times 0.50[/tex]
Now, solve for F:
[tex]F = 5\% / 0.50\\F = 10\%[/tex]
Hence, at this university, 10 percent of the students are foreign.
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Final answer:
By using the given percentages and setting up an equation, it's determined that 10% of the students at the university are foreign students.
Explanation:
To find out what percent of the students at the university are foreign, we can use the given information that 5% of all college students are foreign students who also smoke, and that 50% of all foreign college students smoke. This situation can be represented with the equation 0.05 = 0.50 × x, where x represents the percentage of all students who are foreign students. Solving for x, we divide both sides of the equation by 0.50, giving us x = 0.10 or 10%. Therefore, 10% of the students at the university are foreign students.
The ape copy company's preferred stock pays an annual dividend equal to $16.50. if investors demand a return equal to 11 percent to purchase ape's preferred stock, what is its market value?
Answer:
$150
Explanation:
Dividend/ Demand Return
$16.50/.11 = $150
The job characteristics model approach is an approach to motivation that suggests that employees are more motivated when they do different things on the job, have a complete piece of work to do, have meaningful work to do, make their own decisions about how to do their work, and receive feedback on the work they have done.
If u.s. per capita gdp is $50,000 and grows at 5% per year, what will u.s. per capita gdp be in 70 years?
a.$400,000
b.$800,000
c.$1.2 million
d.$1.6 million
Last word) the inverse dependency ratio is predicted to fall to about 1.16 by 2050. what is the most likely effect of this decline? multiple choice it will likely cause worker productivity to decline. the social security system will be on stronger financial footing. innovation will increase significantly as dependents take advantage of their otherwise idle time. living standards will fall if productivity gains don't sufficiently offset the decline in the ratio.
Why are farmers suffering from low incomes in both more and less developed countries?
The domination of organizations by a small, self-perpetuating elite is called ________. the thomas theorem the protestant ethic the iron law of oligarchy the spirit of capitalism
All of these groups are considered losers when unanticipated inflation occurs EXCEPT:
Teller co. is planning to sell 900 boxes of ceramic tile, with production estimated at 870 boxes during may. each box of tile requires 44 pounds of clay mix and a quarter hour of direct labor. clay mix costs $0.40 per pound and employees of the company are paid $12.00 per hour. manufacturing overhead is applied at a rate of 110% of direct labor costs. teller has 3,900 pounds of clay mix in beginning inventory and wants to have 4,500 pounds in ending inventory. what is the total amount to be budgeted for direct labor for the month?
This detailed answer explains how to calculate the total amount budgeted for direct labor in a business scenario.
Calculation of Total Amount Budgeted for Direct Labor:
Calculate total direct labor hours required: 900 boxes * 0.25 hours per box = 225 hours
Find total direct labor cost: 225 hours * $12.00 per hour = $2,700
Apply manufacturing overhead: 110% of direct labor costs: 110% * $2,700 = $2,970
Total amount to be budgeted for direct labor for the month is $2,970.
In reviewing discussions of life in developing countries, what is it about lifestyle in the low income countries compared w
Answer:
D
Explanation:
True or false: the essential notion underlying strategic trade policy is imperfect competition.
Dalton, georgia has developed into a leading producer of carpets, despite its small size. what is the reason for dalton's comparative advantage in carpet production?
The ppt slides suggest the use of control charts and using deming's ideas of quality control to help with the management of asthma. discuss how this works and why asthma patients who use this report feeling more in control of the disease.
Karen runs a print shop that makes posters for large companies. it is a very competitive business. the market price is currently $1 per poster. she has fixed costs of $250. her variable costs are $1,000 for the first thousand posters, $800 for the second thousand, and then $750 for each additional thousand posters. instructions: round your answers to 3 decimal places.
a. what is her afc per poster (not per thousand!) if she prints 1,000 posters
The national center for education statistics reports that the proportion of college freshmen who return to the same school for their sophomore year is 0.73. suppose we select a random sample of 400 freshmen from across the nation.
Final answer:
The question requires the application of principles of probability and statistics to calculate probabilities using the binomial distribution, given a freshman retention rate and a sample size.
Explanation:
The question involves basic concepts of probability and statistics, specifically focusing on the calculation and interpretation of the binomial distribution. When dealing with a national average proportion of college freshmen returning for their sophomore year (0.73) and examining a sample size of 400, a student can use the binomial distribution to calculate various probabilities. For example, one could calculate the probability exactly 292 out of the 400 freshmen return (since 0.73 multiplied by 400 equals 292), or find the probability that more or less than this number return.
Additionally, using a large sample size allows one to approximate the binomial distribution with a normal distribution, simplifying calculations and making it possible to apply various statistical methods such as confidence intervals or hypothesis tests to assess college retention rates or related research questions.
The cpi for "all items" was 233.707 in january 2015, and 236.916 in january 2015. over this period, the rate of inflation as measured by the rate of change of the cpi was
What is not a good practice for developing strong professional ethics?
Answer:
The correct answer is: not counting with a Code of Ethics.
Explanation:
A Code of Ethics is a collection of principles and guidelines an organization expects its employees to follow. These codes are important to organizations because they lay out the accepted rules for behavior. A code of ethics provides the expected conduct that professionals are to follow. The first step to developing strong professional ethics is establishing the Code of Ethics of an organization.
⦁ a local drama company proposes a new neighborhood theater in san francisco. before approving the permit, the city planner completes a study of the theater's impact on the surrounding community. ⦁ one finding of the study is that theaters attract traffic, which adversely affects the community. the city planner estimates that the cost to the community from the extra traffic is $5 per theater ticket. what kind of externality is this?
The $5 cost per theater ticket due to increased traffic represents a negative externality because it is a cost incurred by the community, which is external to the market exchange between the theater and its patrons.
Explanation:The cost to the community from the extra traffic caused by a new neighborhood theater in San Francisco, estimated at $5 per theater ticket, is an example of a negative externality. This type of externality occurs when a market exchange adversely affects a third party who is external to the transaction. In this scenario, the local drama company and theatergoers participate in a market exchange, but the surrounding community bears the cost of increased traffic without being part of the decision-making process.
When considering externalities related to a business venture, it is important to assess all parties that might be impacted. In the case of the theater, while it may boost cultural opportunities and potentially the local economy, the adverse effects on traffic and the associated costs to the community represent unintended consequences of this economic activity.
What is the part of a cover letter that lists the date of the letter, your contact information, and contact information of the company you're sending the letter to? A. Introduction B. Heading C. Closing D. Body
Answer:
The correct answer is letter "A": Introduction.
Explanation:
The introduction of a cover letter provides the reader with the identification and contact information of the sender. It also includes the date in which the document is being sent and before proceeding with the body, the name and address of the company to whom the letter is sent must be stated as well. The introduction in some cases is broken into two parts: the heading -where the contact details of the sender are shown, and the introduction itself where the date and company details are written.
Answer:
B is right ; put down A got that wrong
Explanation:
Using debt and preferred stock in the capital structure of a firm will _____. select one:
a. increase financial risk
b. decrease business risk
c. increase the tax payable by the firm.
d. decrease operating leverage
e. increase the book value of common stoc
The dimension of process quality that can be most easily measured isâ ________.
a. speed
b. efficiency
c. information value
d. satisfaction
e. effectiveness