In its broadest sense, operations management is responsible for all aspects of creating goods and services. It manages resources such as materials, machines, technology, and people, and makes products and services that the marketplace wants.
At both large and small organizations, operations managers supervise, hire, and train employees, manage quality assurance programs, strategize process improvements, and more. Operations managers are ultimately responsible for maintaining and increasing the efficiency of a business, agency, or organization.
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A mechanic charged $220. 28 to repair a car. The price included charges for 3 hours of labor and $126. 53 for parts. How much does the mechanic charge per hour for labor?.
Answer:
31.25 is the hourly rate of labor
Explanation:
220.28 - 126.53 = 93.75
93.75 is the total labor price
93.75/3 = 31.25
what unusual step did oregon take to increase voter registration?
Oregon increased voter registration by automatically registering all citizens over the age of eighteen to vote.
Registration is a process that Americans must go through once they reach the age of majority to access the right to vote and participate in elections. However, many people are unaware of this process and do not register so they cannot vote in elections.
The state of Oregon decided to register citizens over 18 years of age (or legal age) to be eligible to vote. This is an unusual decision because this process is generally done autonomously but given the low voter turnout in the state, they decided to carry out this measure.
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If the number of unemployed workers is 200 million, and the number in the labor force is 500 million, what is the unemployment rate
Answer:
The unemployment rate is 700 million
Explanation:
I know this because you need to add the amount of unemployed with the labor forced and the labor forced id not employed because they are forced to work so they are not working there because they want to so they did not choose to employ there
how did craft unions and industrial unions differ?
Answer:
How did craft unions & industrial unions differ? A craft union is made up of skilled workers who work in a specific trade. ... In industrial union there are all different workers regardless of their trade or skill. This could be found in a steel factory.
If a company has advance subscription sales totaling $45,000 for the upcoming year, when four quarterly journals will mailed to customers, the receipt of cash would be journalized as:
A. Debit Cash $45,000, credit Accounts Payable $45,000.
B. Debit Unearned Revenue $45,000; credit Sales $45,000.
C. Debit Sales $45,000, credit Unearned Revenue $45,000.
D. Debit Prepaid Subscriptions $45,000, credit Sales $45,000.
E. Debit Cash $45,000; credit Unearned Revenue $45,000.
The receipt of cash would be journalized as a Debit to Unearned Revenue for $45,0000 and Credit to Sales for $45,000.
Here, the company has advance subscription sales totaling $45,000 for the upcoming year.
It will be recorded in the entry as Debit to Unearned Revenue and Credit to Sales.Therefore, the Option B is correct because The receipt of cash would be journalized as a Debit to Unearned Revenue for $45,0000 and Credit to Sales for $45,000.
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The fundamental problem with the option ARM loan, as most commonly used, was that it created a rapid increase in the:
Based on loan and credit analysis, the fundamental problem with the option ARM loan, as most commonly used, was that it created a rapid increase in monthly payments.
This situation is often described as payment shock risk.
In this option ARM loan, the monthly payments increase based on many reasons like unscheduled recast when a negative amortization limit is attained.
Hence, in this case, it is concluded that the correct answer is "monthly payments."
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Which of the following is not a step that can help you establish and maintain a good credit history?
a. Open a bank account.
b. Purchase a cell phone contract and pay it on time and in full every month.
c. Make car payments and car insurance on time.
d. Open many credit card accounts.
e. All of the above steps help establish good credit history.
Answer:
b. Purchase a cell phone contract and pay it on time and in full every month.
Explanation:
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Which concept is NOT basic to definition of economics?
O Choice
O Bartering
O Rational self-interest
O Scarcity
Answer:
O Rational self-interest
Explanation:
It's better to use a debit card instead of a credit card when making online purchases. *1 pointTrueFalse
Answer:
F
Explanation:
describe the benefits of having an electronic resume
Answer:
Online resumes offer more flexibility and room for creativity than their printed counterparts. Here are just a few benefits of using an online resume service: Undoubtedly, some of your skills and prior experiences are more relevant to some jobs/companies than others.
Explanation:
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X-Co issued 1,000 shares of its 5%, $100 par value, cumulative preferred stock for $100 cash per share. The journal entry to record this event includes a ______. (Check all that apply.)
Answer:
- $100,000 debit to cash
- $10,000 credit to preferred stock
- $90,000 credit to additional paid-in capital
Decreased interest rates will shift the aggregate demand curve to the _____ and _____ output demanded.
The aggregate demand curve often shifts to the components of aggregate demand. The Decreased interest rates will shift the aggregate demand curve to the right and increased output demanded.
The component that is often shifted are consumption spending, investment spending.In expansionary monetary policy the central bank often makes the supply of money and loanable funds to increase, this in turn will lowers the interest rate, promoting additional borrowing for investment and consumption, and there shifting aggregate demand right.
The rate of government spending, and often rise.
An aggregate demand curve is known to show the total spending on domestic goods and services at each price level.
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Based on the macroeconomic model, the decreased interest rates will shift the aggregate demand curve to the right and increase the demand.
This implies that when the interest rate is reduced, people tend to borrow more, including investors and consumers.
As a result, the aggregate demand will increase, which means it has shifted to the right. At the same time, the output demanded would increase as more investors have access to capital to create more products.
Hence, in this case, it is concluded that the increase in aggregate demands leads to an increase in output demanded.
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If an item tends to be very expensive to repair, how might that affect your decision to purchase a warranty for it? a. If an item is very expensive to repair, it is probably easier to buy a new one than to repair it, so a warranty is probably not worth it. B. The price of a warranty is based on the price of the repairs, so a warranty might not be a good idea. C. Buying an extended warranty might be a good idea so that you do not have to repair the item yourself. D. Buying a limited warranty might be a good idea because limited warranties sometimes do not deal with repairs, meaning that you will not have to handle these expensive repairs.
Since the item is very expensive to repair, C. Buying an extended warranty might be a good idea so that you do not have to repair the item yourself.
An extended warranty ensures that the responsibility for repairs rests with the seller and not the buyer. The seller who gives the extended warranty will also be in the best position to repair the expensive item because it has developed the required in-house expertise.
Thus, an extended warranty, despite its high cost, ensures that the expensive item is repaired by the seller.
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Answer:
c
Explanation:
Jorge, the marketing manager for an automobile manufacturer, observes frequent conflicts between two of his subordinates, Taylor and Liu. He asks the human resource department to help, and the department's training manager investigates. She tells Jorge that the two subordinates lack interpersonal communication skills but would be likely to improve with proper training. This scenario suggests that the training manager has conducted a(n) __________ analysis.
The training manager in the scenario described has identified that both employees needs training and the type of training they need. Hence, he has conducted a person analysis.
Person analysis requires that the behavior and attitude of employees or an individuals are observed in other to depict which of the employees lacks a certain office or work training, after which they type of training required is then laid out.
Hence, these set of study on employees refers to person analysis.
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What are the four (4) stages of an economy?
A. Recession, Growth, Inflation, Depression
B. Expansion, Peak, Contraction, Trough
C. Expansion, Inflation, Contraction, Depression
Answer: B
Explanation: what business believe will generate the most profits
the stock price of ajax inc. is currently $105. the stock price a year from now will be either $130 or $90 with equal probabilities. the interest rate at which investors can borrow is 10%. using the binomial opm, the value of a call option with an exercise price of $110 and an expiration date 1 year from now should be worth __________ today.
Answer:
the linkers be like I got you.
Suppose that actual inflation is 3 percent, the Fed's inflation target is 2 percentage points, and unemployment rate is 3 percent (which is 1 percent below the Fed's full-employment target of 4 percent). According to the Taylor Rule, what value will the Fed want to set for its targeted interest rate
The government would set its targeted interest at 6.5%
Based on the Taylor's rule
R = π + A + 0.5(A-A*) + 0.5
This is the formula that helps to get the output gap
Definition of terms
R is the nominal federal funds rate
π is the real rate of federal funds = 2%
A is the rate of inflation
A* is the target of of inflation = 2%
Rate of unemployment = 3%
The government has a target of full employment that is at 4 percent.
When we enter the values into the formula
R = 2% + 3% + 0.5(3%-2%) + 0.5%(2%)
= 5% + 0.5% + 1%
= 6.5%
Therefore the government would set its targeted interest at 6.5%
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what is the process of managing changes to the business requirements throughout the project?
Answer:
Requirements management is the process of managing changes to the business requirements throughout the project. The analysis phase establishes descriptions of the desired features and operations of the system including screen layouts, business rules, process diagrams, pseudo code, and other documentation.
The practice of managing changes to the business requirements during the project is known as requirements management. In the analysis phase, descriptions of the required functions and features of the system are established. These descriptions may include screen designs, business rules, process maps, pseudo code, and other documentation.
What is requirements management?The goal of requirements management is to make sure that a company records, confirm, and satisfies the requirements and expectations of its clients and other internal or external stakeholders. The study and elicitation of the organization's goals and limitations is the first step in requirements management.
Supporting planning for requirements, integrating requirements and the organization for dealing with them, as well as interactions with other information delivering against requirements, and adjustments for these are all other components of requirements management.
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deductions and credits can _______ what you owe in taxes each year.
Answer: Decrease or Reduce
Based on taxation analysis, the deductions and credits can reduce what you owe in taxes each year.
This is because the tax deduction is a term used to describe what reduces how much of your income is liable to taxes.
Similarly, tax credits outright reduce the amount of tax you are deemed to pay.
Tax credits reduce the amount of tax to pay directly. For example, a tax credit of $2000 reduces your tax liability by $2000.
Hence, in this case, it is concluded that the correct answer is "reduce."
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A mountain bike is priced at $413. If the sales tax is 6. 5 percent, what is the cost to purchase the mountain bike? Round to the nearest cent if necessary. $26. 85 $28. 91 $437. 78 $439. 85.
Answer:
A
Explanation:
A. the answer to this question
Stevie recently received 1,000 shares of restricted stock from her employer, Nicks Corporation, when the share price was $8 per share. Stevie's restricted shares vested three years later when the market price was $11. Stevie held the shares for a little more than a year and sold them when the market price was $16. What is the amount of Stevie's ordinary income with respect to the restricted stock?
A. $0.
B. $11,000.
C. $5,000.
D. $8,000
Answer:
It's D - $8,000
Explanation:
8 * 1,000 = 8,000
outline 2 reasons for completing assigned tasks daily
In summary, it is important to complete your tasks because it helps you feel better, helps you identify what you should be working on and together that means you complete more tasks.
Which of the following would most likely be considered an expense in a budget?
A. Groceries
B. Rent
C. All of these
D. Car Loan
Answer:
C
Explanation:
Everything in life is an expense for me
Which document not only helps in a job search but also helps in job advancement?Apart from a job search, a “blank”
also helps in job advancement.
Answer:
resume
Explanation:
A resume aids the job-seeking process in that it: organizes experiences and skills.
The document not only helps in a job search but also helps in job advancement. Apart from a job search, a resume also helps in job advancement.
What is job?
The term “job” refers to being employed by a particular company. The job creates an opportunity to build a career. A job provides financial support and allows you to gain experience. There are producers, builders, thinkers, and improvers.
A resume assists in the job-search process by organizing experiences and skills. A resume is required for nearly everyone who applies for a job. A brief written account of your schooling, qualifications, and past positions that you send to a company when looking for work. A resume is a legal statement created by a job candidate to list their qualifications for a job.
As a result, the document not only helps in a job search but also helps in job advancement.
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when a country that exported a particular good abandons a free-trade policy and adopts a no-trade policy
Answer:
producer surplus increases and total surplus decreases in the market for that good.
how are the market and enterpreneurship related with each other?
Marketing is a vital process for entrepreneurs because no venture can become established and grow without a customer market. The process of acquiring and retaining customers is at the core of marketing.
Further, marketing provides an effective vehicle for achieving entrepreneurship within the corporation. As some have argued, marketing is the home for the entrepreneurial process. As a process, a firm's entrepreneurial orientation has three key dimensions: innovativeness, risk taking, and proactiveness.
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What economic goal does the Securities and Exchange Commission (SEC) help the government achieve the most
Answer: promote economic prosperity
Explanation:
Glenn works for a company that supplies food to restaurants. Where does Glenn MOST likely work?
O A.
at a packaging facility
OB.
at a retailer
OC.
at a wholesaler
D.
at a distributor
Based on the information given Glenn MOST likely work: D. at a distributor.
A distributor is a person or representative that supply goods or products by helping to distribute goods to were they are needed.
They mostly purchased goods in large amount from the manufacturer or producer and they supply those goods to the retailers.
Based on the given scenario we can say that Glenn work with a distributor reason being that he help to supply or distribute foods to restaurant.
Inconclusion Glenn MOST likely work: D. at a distributor.
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One of the reasons that a rise in the price of a fixed basket of goods over time tends to overstate the rise in a consumer's true cost of living, is: substitution bias attribution bias complimentary bias preference bias
The effect that occur when there is rise in price of fixed basket of goods, which actually brings about the rise in a consumer's true cost of living is substitution bias .
Substitution bias can be regarded as effect that do occur when there is change in price of goods are relative to each other.In this case, the consumer usually leave the high priced goods for cheaper ones because of change in price.Therefore, option A is correct.
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