costly form of business to formulate. The KC Source Link says‚ “Sole proprietorships own all the assets of the business and the profits generated by it.” It requires no legal formalities‚ except a license‚ and‚ in some states‚ a state tax identification number for the purpose of paying state sales taxes. The proprietor undertakes full responsibility for operation of the business and for all assets and liabilities. The owner is motivated to make a success of the business because the entire profit goes into
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may not be tomorrow. These are the facts of life and of business. In a world that is continuously evolving‚ changing‚ and growing so too must the business world. In an attempt to not only stay abreast with‚ but to also try and get ahead of all the changes‚ marketing managers utilize PESTEL analysis. PESTEL analysis is an environmental scan exploring political‚ economic‚ social‚ technological‚ environmental‚ and legal factors. The goal of PESTEL is to provide marketing managers with relevant information
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ECO 365 - Week 2 Discussion Question Answers DQ 1: Why is the demand of labor a derived demand? Explain the shape of the supply of labor curve. What is the relationship between productivity and the wages earned by an employee? What are some factors that determine the level of your income? The concept of derived demand occurs when the demand of product exists due to demand of another product. In this case‚ demand of a labor is a form of derived demand‚ because the amount of labor hired will
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point-of-service‚ consumer-driven health care Indemnity‚ health savings accounts‚ managed care‚ fee-for-service Point-of-service‚ fee-for-service‚ indemnity‚ managed care Self-funded‚ managed care‚ fee-for-service‚ point-of-service 0.2 points Question 2 1. Companies must offer HMOs if they are subject to the minimum wage provisions of FSLA. True False 0.2 points Question 3 1. What are the three common forms of managed care plans? Individual practice organizations‚ point-of-service plans
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Carrie Bissonette Acc/400 Week 2 Individual Assignment E17.15 A) 34‚700 B) 60‚725 E18.10 A1) Particulars Sets Inputs Beginning WIP 8‚000 Start new units in May 50‚000 58‚000 Outputs Ending WIP (10‚000) Completed and Transferred mat sets 48‚000 A2) Particulars Cakes Total Inputs units 58‚000 Ending work in process (10‚000) Beginning work in process (8‚000) Units completed and transferred 40‚000 B.) 58‚000 C.) $6.00 D.) Account Title & Explanation Debit Credit Work in process – cutting department
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company. The new CEO has made several positive moves for the company but is still forced to eliminate jobs to reduce costs. The CEO of Xerox is much like many other CEO’s of other large corporations‚ humble‚ down to earth and they value their company as well as their employees. They understand that each one of their decisions will affect the rest of the company and those who keep it running. Unfortunately as the CEO she was faced with having no other positive alterative to correcting the deficit
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Pizza Store Curve Theory February 10‚ 2013 Operations Management/OPS/571 Professor John Quesnel In this paper the approach is to understand the formulation of learning curve theory and objective is to maximize profits and increasing organizational performance for Mario ’s Pizzeria. The three fundamental assumptions followed by the learning curve theory are total time for completing a task decreases with the increased repetition‚ improvement percentage decreases
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C 2-3 Bruce and Bob organize Black LLC on May 10 of the current year. What is the entity’s default tax classification? The default taxation for this company would be a partnership for federal income tax purposes. Are any alternative classification(s) available? An alternative tax classification can be an association which is taxable as a corporation or S corporation. If so‚ (1) how do Bruce and Bob elect the alternative classification(s) and (2) what are the tax consequences of doing so
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consumers and vendors with having no other source for the discontinued products. Decisions to subcontract‚ implementation of software‚ or customer relations to contractors in other areas are likely to have a major force on more than just company revenue. These decisions can raise questions regarding the suitability of ensured missions‚ objectives‚ and strategies. Leaders must be able to handle these differing interests in an ethical approach to devise a practical tactical plan. The role of Business
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statement analyzes the changes in the non-cash balance sheet from the perspective of whether the changes provided or used cash. In other words‚ the analysis seeks to explain the change in the cash balance by looking at the changes in the other balance sheet account. The term cash on the statement of cash flows refers broadly to both currency and cash equivalents such as certificates of deposit or money market instruments. Net income is not cash flow Net income is revenues less expenses Cash flows
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