which two of the following are the broad categories that should be considered when analyzing the economic component in an environmental scan?

With a command system, government has total control over all economic activity whereas with laissez-faire the markets and prices direct nearly all economic activity.

A command economy is one in which the government has complete authority over the economy. This economy is distinguished by state control over wages and prices, restricted property rights, government ownership of important firms and industries, and thriving black markets.

A command economy is one in which all economic decisions are made by a central authority. The land and methods of production are owned by the government or a communal.

It let private firms to produce as much money as they could without government intervention, with the hope that this riches would trickle down to citizens.

When governments reduce taxes to boost the market, this is also based on laissez-faire doctrine. Damages might be extremely costly when the market environment is volatile and rapidly changing. Its leadership can lead to ineffective crisis management.

To know more about Command economy visit:

https://brainly.com/question/30006852

#SPJ4

As they must communicate the types of personnel needed so that human resources can hire and discharge people in accordance with those requirements, the operations team should have the power to manage any injustices and discrepancies that may develop.

Some of the suggestions are-

Thus, The operations team should have the authority to control over the inequities and inconsistencies arise.

For more information about suggest a compromise, click here

https://brainly.com/question/29634786

#SPJ1

Minimum wage considerations for both salaried and hourly workers-checked

Whether the company is required to abide by the FLSA (no interstate commerce)-checked

Maximum hours-checked

Minimum age- checked

Pay rates-checked

Mandatory break periods-checked

Wages are sums of money paid to an employee by their employer for labor done over a certain period of time.

Minimum wages, relevant wages, compensating payments like annual bonuses, and compensatory payments like gifts and gratuities are a few examples of wage payments.

The amount of hours worked affects an individual's income, which is determined by the hourly rate.

While wages are given to unskilled and semi-skilled labor, salaries are typically connected with skilled labor.

denotes an hourly, daily, weekly, or biweekly payment for services given. "A wage is the amount contractually paid by an employer to an employee for services rendered."

To learn more about wage  from the given link :

brainly.com/question/13847060

#SPJ4

The Tipping Point for the Union Square Hospitality Group The initial wave of the coronavirus pandemic passed in July 2020 as Danny Meyer, the CEO of the Union Square Hotel, watched.

What would you say the hospitality is?

The word hospitality, which connotes welcoming guests or offering a home away from home, is derived from the Latin word "hospes," which also means visitor or stranger.

To guests or people they have just met, a person who is hospitable is courteous, generous, and welcoming. The locals are warm and hospitable.

Hospitality skills are the aptitudes that allow those working in the business to carry out tasks successfully and excel in their careers.

Know more about  pandemic Visit:

https://brainly.com/question/15298434

#SPJ4

Answer:

You could believe that starting a business in baking is the most difficult part. Yes, it requires a lot of work, and you could have a few anxious or restless nights. However, once your bakery is operational, staying ahead of the competition will take precedence. Additionally, you want to become a destination for those looking for delectable pastries rather than just trying to stay afloat.

In the bread industry, you want to turn a profit as an entrepreneur. You will need to manage your finances, reports, and inventories carefully in order to accomplish this, but there is one aspect of the business that is sometimes overlooked: marketing.

Build a solid marketing and sales plan for your bakery no matter what goods your company specialises in, such as croissants, donuts, buns, bread, nutritious gluten-free pastries, small pastries, and so on. Otherwise, expanding the consumer base, boosting bakery sales, and raising brand recognition would be difficult.

to know more about marketing, see

https://brainly.com/question/25369230

tool in managing any firm, especially during a market slump. In any economic climate, if you didn't have the proper risk management methods in place to minimise, or at least mitigate, the damage from that risk, an unanticipated surprise could easily wipe out your organisation in one fell swoop.

How should a company handle risk management?

systematically determining the hazards that surround your company's operations. estimating the likelihood that an event will occur. knowing how to react to these occurrences. establishing procedures to deal with the effects. The contribution margin ratio, operating leverage effect ratio, financial leverage ratio, and combined leverage ratio can all be used to assess your company's risk. These ratios compute business risk based on sales and fixed costs for your company.

To know more about risk management click on the link below:

https://brainly.com/question/13760012

#SPJ4

Johnson & Johnson owns trading securities. Johnson should record these interests at fair value on the balance sheet.

A balance sheet describes a company's financial situation at a certain point in time. In contrast to an income statement, which presents financial information over time, a balance sheet is used to gauge a company's health on a given day.

A bank statement is frequently used by people outside of a firm to assess the health of the company. Financial ratios are calculated by banks, lenders, and other organizations based on balance sheet balances to determine how much risk a company bears, how liquid its assets are, and how likely the firm will remain solvent.

To learn more about the balance sheet, click

https://brainly.com/question/26323001

#SPJ4

Journalizing the March transactions of Nuru Meda Golf and Driving Range Plc is as follows: March 1 Debit Cash Br. 120,000. Credit Share Capital—Ordinary Br. 120,000.

An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction.

The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.

In the world of accounting, transactions can be more complicated because corporations may strike an agreement today that won't be settled until some future time.

They may also have known but unpaid income or expenses. Transactions with third parties may also make things more difficult. Depending on whether a corporation utilizes accrual accounting or cash accounting, it may record a transaction sooner or later.

Learn more about transactions, here

https://brainly.com/question/24730931

#SPJ1

A collection of goods and services are subject to inflation when their cost has increased over a predetermined time period, often a year. Prices are rising due to inflation.

What's causing inflation 2022?

The amount that a collection of products and services have increased in price during a specific time period, typically a year, is measured by inflation. Prices are increasing due to inflation. Inflation increased further in 2022 as a result of higher energy costs, hitting 9.1%, the highest level since 1981. The Federal Reserve raised interest rates for the third time in a year in July 2022, but inflation remained strong and outpaced wage and expenditure increases.

Know more about predetermined visit:

https://brainly.com/question/16940043?

#SPJ4

In terms of strategic success, selecting a suitable target market could be the most significant choice a business takes during the strategic planning process.

To know more about marketing mix, visit:

https://brainly.com/question/859394

#SPJ4

The concept is the Expected Capacity, which is a short-run level based on demand, and; it minimizes under or overapplied overhead An answer is an option, B.

If the actual product differs from the specified capacity, there is a quantity deviation. This difference corresponds to the over- or under-application of the increase. Expected volume is expected for the period.

So using the expected capacity as the denominator you should get the result with the expected minimum overload or underload. Forecast capacity includes the latest data and information about new levels of demand performance.

To an extent, the intended ability is a newer, updated version of the normal ability.

The question should be:

The overhead denominator can be based on one of several characteristics. What are the results of the lowest projected overhead or underspending?

A. Theoretical capacity.

B. Expected capacity.

C. Normal capacity.

D. Practical capacity.

To know more about Expected capacity,

brainly.com/question/26678693

#SPJ4

In preparing a cash flows from operating activities using the indirect method, an increase in accounts receivable would be subtracted from net income. Subtracted from net income.

This is because the increase in accounts receivable means that the company owed more money than it did at the beginning of the period. This means that the company's net income is lower because it has not yet been paid for the goods or services provided. Therefore, when preparing cash flows from operating activities using the indirect method, the amount of the increase in receivables is deducted from the net profit. This calculation helps to better understand how much actual cash was generated from the company's operations during a given period.

To know more about cash flow statement click here

https://brainly.com/question/29768594

#SPJ4

Answer:

The choice of an appropriate form of ownership organisation is a crucial entrepreneurial choice since it has an impact on the performance and expansion of a business, affecting factors like profit margins, business risk, and other factors. As was previously said, there are differences between the various types of private ownership organisations in terms of profit distribution, control, risk, legal requirements, flexibility, etc.

In light of this, only that type of ownership should be adopted after careful examination of the issue. It is preferable to examine this issue at both of these levels because the necessity to choose an ownership organisation emerges both early on when starting a business and later on to fulfil the needs of growth and expansion.

two examples are - nature of activity and scale of operations.

to know more about business, see

https://brainly.com/question/19003950

An elevator conversation is a term used to describe brief succinct summary of yourself and your qualifications when your are introducing yourself to someone. It is similar to a cover latter in the sense that it quickly summarizes your unique abilities, qualifications skills in order to make a positive impression however, unlike a cover letter, an elevator conversation is intended to be spontaneous and concise way to introduce yourself. It should be short, memorable and engaging, whereas a cover letter should be more detailed and comprehensive. Thus while the elevator conversation cover letter may share some similarities, they serve different functions and should be approached differently.

To learn more

https://brainly.com/question/30376852

When introducing oneself to someone, a concise, crisp description of your background and experience is known as a "elevator conversation." It is comparable to a cover letter in that it summarizes your special talents, education, and experience in order to make a good impression. An elevator chat, however, is meant to be a casual and succinct method to introduce yourself, unlike a cover letter. In contrast to a cover letter, which should be more in-depth and comprehensive, it should be succinct, memorable, and engaging. The lift discussion cover letter may therefore have some similarities, but they serve different purposes and demand different approaches.

An idea for a project, service, or product is briefly presented in a speech known as a "elevator pitch." The term "elevator speech" refers to the idea that the speech should be delivered in the brief time of an elevator trip. A decent general guideline is that a lift pitch should last no more than 60 seconds and no more than 30 seconds.

An entrepreneur's attempt to persuade a venture capitalist that a business idea is worthwhile investing in is known as an elevator pitch in the financial sector. In most cases, a compelling elevator pitch is sufficient to pique an investor's interest and prepare the ground for a follow-up meeting. The entrepreneur will give the investor a more detailed presentation during this meeting.

Learn more about elevator conversation here:

https://brainly.com/question/29433341

#SPJ2

Debit the work-in-process inventory account in a journal entry in your accounting records by the balance of the factory overhead account at the end of the period.

Underapplied overhead is often represented on a company’s balance sheet as a prepaid expenditure and is balanced by inserting a debit to the cost of goods sold (COGS) section before the end of the year. Costs of goods sold are the direct costs connected with a company’s production of items sold.

Deduct the balance of the manufacturing overhead account from the work-in-process inventory account in a journal entry in your accounting records at the conclusion of the month. The manufacturing overhead balance is now transferred to the work-in-process account. To summarize, the Factory Overhead account is not common. It is not an asset, liability, cost, or any other financial statement feature.

To learn more about Underapplied overhead to refer:

https://brainly.com/question/30325154

#SPJ4

Zero interest bearing notes are debt obligations that have been issued by a company but have no dividend yield associated with them.

The issuing corporation is not compelled to continue paying interest to investors after the issuance of such securities. These are also referred to as zero-coupon bonds.

Because they are not subject to periodic interest, the corporation issues zero interest bearing notes at a significant discount to their face value. These securities also have a fixed maturity length. Every time the notes mature, the company is required to give the investors their full face value back.

Hence the amount of sale will be recognized

= $150000/1.06^(4)

= $ 1,18,841

Learn more about a non-interest-bearing note here

https://brainly.com/question/28813025

#SPJ1

The cultural norms of Japan promote D) loyalty and teamwork. It is because teamwork will get a better team performance and goals.

Teamwork generally can be defined as the collaborative effort of a group to achieve a common goal or to complete a task in the most effective and efficient way. Based on the opinion of Ancona & Caldwell, 1992, Team performance generally can be described as the extent to which a team is able to meet its output goals (e.g., quality, functionality, and reliability of outputs), the expectations of its members, or its cost and time objectives. There are several aspect that can be determined to see the successful of team performance, there are communication, Reliability and commitment, Flexibility, Innovation and diversity, Leadership, Organized, Fun and appreciation.

Here you can learn more about team performance brainly.com/question/13718327

#SPJ4

Lee should evaluate the meta message of her instant message. Lee should think about her manager's attitudes toward instant messaging.

To learn more about instant message refer to:

https://brainly.com/question/28342829

#SPJ4

Recall that we use nominal and ordinal measurement scales to represent categorical variables.Hair color is also a categorical variable having a number of example blonde, brown, brunette, red,etc

The most useful graph for displaying the relationship between two quantitative variables is a scatterplot.The correlation coefficient (r) is a numerical measure that measures the strength and direction of a linear relationship between two quantitative variables.Predictive analytics is the use of data, statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data.The goal is to go beyond knowing what has happened to providing a best assessment of what will happen in the future.Business analytics techniques that help to find answers to the should we do in the future are called prescriptive analytics.

To learn more about nominal and ordinal please click on below link.

https://brainly.com/question/2141495.

#SPJ4

Carla is demonstrating the use of  Moral imagination. Moral imagination is a method of inference that is intended to combat the organisational elements decision-making  that skew ethical judgement.

The four decision-making processes defined by Rest (1986), namely moral sensitivity, moral judgement, moral intention, and moral behaviour, are what we refer to as the four components of the psychology of moral imagination. According to philosopher Mark Johnson, moral imagination entails imagining all potential outcomes in a certain circumstance in order to address an ethical dilemma. Johnson underlines that upholding moral principles frequently calls for more than just moral fortitude. To decide what is right or wrong and what people should behave in a given scenario, moral reasoning applies critical analysis to particular events.

To learn more about decision-making, click here.

https://brainly.com/question/13244895

#SPJ4

The United States has the highest average income per day compared to China, Germany, and Japan.

Gross national income and population are used to compute average income. We can calculate the average income per capita by dividing all annual incomes and profits by the country's population. This number includes all salaries and wages, as well as other unearned income from  capital gains or investments.

The following are the countries with  the highest monthly income.

Rank Country Average Monthly Net Salary (US$)

1    Switzerland        6142.1

2    Singapore         4350.79

3    Australia         4218.89

4    United States 3721.64

5    UAE                3663.27

6    Norway         3457.69

7    Canada         3338.62

Since average income per day can be computed from monthly income, then the list also represents the countries with the highest income per day.

Therefore, among China, Germany, the U.S, and Japan, the United States is the highest one.

Learn more about income here:

https://brainly.com/question/26663035

#SPJ4

The table shows- a cooperative equilibrium in which each firm charges the high price.

In economics, the concept of "cooperative equilibria" has been introduced from game theory. It refers to the equilibria of economic situations that are modelled using cooperative games and resolved by making use of the proper cooperative solution concept. Though not entirely in one direction, the influence does exist. The Cournot-Nash equilibrium and the Core, for example, are formalizations of economic concepts that have been around for a while. In a non-cooperative game in which no player has any incentive to alter their initial strategy, Nash Equilibrium, a concept from game theory, determines the best course of action. The Nash equilibrium states that, assuming the other players also maintain their initial strategies, a player does not benefit from changing their course. Multiple Nash equilibria can exist in a game, or none at all.

To know more about nash here

https://brainly.com/question/29398344

#SPJ4

They still need to do more, the workplace may be made more welcoming for women by offering generous maternity leave, flexible hours, and remote work to relieve childcare issues.

A workplace is a place where someone performs work—either for their employer or for themselves. Such a location could be anything from a home office to a sizable office complex or factory.

Your workplace is the place where you go to work each day and are employed. Your workplace is an example of where you go to work each day to perform your duties.

Specifically, "You go to work at the workplace, and you work at the workspace." In essence, your workspace and workplace are synonymous terms for where you go to work. While they are both always changing and have room for improvement.

Learn more about  workplace here:

https://brainly.com/question/15371083

#SPJ1

The purpose of a model is to construct an abstraction from real-world complexities to make events understandable. To be useful, a model requires simplified assumptions.

A model is a condensed depiction of a complicated system used to comprehend it and make predictions about it. For instance: Economists construct theories and models similar to how a map is drawn. They remove certain details from reality and abstract them from it. They concentrate on the main elements or variables that will, in their opinion, explain the fact they are attempting to comprehend. In research, models are frequently employed to examine real-world systems that are too complicated to be directly understood.

A model's goal is to represent the key characteristics of the system or phenomenon being researched while simplifying minor details. A model must include simplified assumptions about the system or phenomenon being researched to be useful. Certain assumptions are made based on what is known about the system and what is pertinent to the idea being addressed.

Read more about the model on:

https://brainly.com/question/2765401

#SPJ4

Confidentiality is a CIA characteristic that ensures that only those with sufficient privileges and a demonstrated need may access certain information.

Project scope management ensures that the project plan only includes the activities required to complete it.

Confidentiality- is the property of information that allows only those with appropriate privileges and a demonstrated need to access it. The quality or state of being whole, complete, and uncorrupted is referred to as integrity.

The CIA Triad is a popular information security model. It directs an organization's efforts to secure data. The three principles of cybersecurity—confidentiality, integrity, and availability (CIA)—form the foundation of a security infrastructure.

Learn more about " Confidentiality " to visit here;

https://brainly.com/question/15869788

#SPJ4

Because manufacturing can frequently be increased at the same cost per unit by expanding the number of factories, the supply curve for manufactured commodities is typically more elastic than that for raw materials.

There is still time for sellers to make adjustments and boost output. The time is there for consumers to explore for alternatives to the good.

An infinite price elasticity of supply characterizes a horizontal supply curve, as shown in Panel (b) of "Supply Curves and Their Price Elasticities. A horizontal supply curve is entirely elastic. It indicates that vendors are ready to provide any volume at a specific cost.

To Know more about manufacturing

https://brainly.com/question/14275016

#SPJ1

Answer:

Blogs for businesses. Employee education within a company. Meetings with individuals. Employees converse over the phone.

Revenues are recorded when measurable and available, as required by... this method, for the fiscal year ended June 30, 2018.

What is measurable quality?

It is important to establish the characteristics of reliability, availability, maintainability, and maintenance support performance in order to represent its performance in quantitative terms and subsequently to characterise, measure, improve, guarantee, and certify such an item. The set of SEG Measurement characteristics that set us apart from our rivals—those features that give our consumers more than they can receive elsewhere—is known as The Measurable Difference. Measurability definitions the property of being quantifiable. equivalents: quantifiability ratability is a type. the property of being graded or estimable-able.

Know more about fiscal Visit:

https://brainly.com/question/11567873

#SPJ4

Yes, that is correct. Precision agriculture uses technology to gather data on soil conditions, weather patterns, and crop growth, which can be used to optimize planting, fertilization, and harvesting for maximum yields.

Livestock monitoring uses technology to gather data on the health and behavior of livestock, which can be used to improve breeding and feeding practices, resulting in increased productivity.

Precision agriculture: the use of technology such as GPS, drones, and sensor-based equipment to optimize planting, fertilization, and harvesting, resulting in increased yields and reduced costs.

Livestock monitoring: the use of technology such as sensors, cameras, and wearable devices to monitor the health and behavior of livestock, which can improve breeding and feeding practices, resulting in increased productivity

Crop forecasting and prediction: use of technology such as machine learning and big data analytics to make predictions about crop yields, weather patterns and market conditions which can help farmers make better decisions.

To know more about productivity ,click here:

brainly.com/question/28105610

#SPJ4

The firm's market value is 20 million shares*$4 per share, which is 80 million, but its book value is 128 million, so the answer is that investors believe the company's assets are unlikely to be profitable because its market value is less than its book value.

The book value is $128,000,000.

The number of outstanding shares is 20,000,000.

$4 is the current market price.

The Book Value Per Share (BVPS):

Book Value Per Share (BVPS) = Book Value / number of Share

Book Value Per Share (BVPS) = $128,000,000 / 20,000,000

Book Value Per Share (BVPS) = $6.40

The Book Value Per Share (BVPS) is less than the market price, indicating that investors anticipate lower future growth. Alternatively, they may anticipate that the firm will not be profitable.

To learn more about Book Value Per Share (BVPS), please refer:

https://brainly.com/question/28266947

#SPJ4

The complete question is:

A public company has a book value of $128 million. they have 20 million shares outstanding, with a market price of $4 per share. which of the following statements is true regarding this company?

A) Investors may consider this firm to be a growth company.

B) Investors believe the company's assets are not likely to be profitable its market value is worth less than its book value.

C) The firm's market value is more than its book value.

D) The value of the firm's assets is greater than their liquidation value.