Answers to Pause/Break Section Review Questions Section 2.1 Review Questions 1. What is the difference between a physical marketplace and an e-marketplace (marketspace)? A marketspace is an electronic marketplace. While traditional marketplaces are constrained by their physical locations‚ marketspaces use technology to eliminate this constraint (by being online). 2. List the components of a marketspace. A marketspace consists of the following components: customers‚ sellers‚ goods
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Total working hours available: 1760 1760 1760 Total selling hours available: 352 616 880 Total sales people needed: 170.45 649.35 852.27 Total sales people needed: 1672.08 In order to make this structure work in the company‚ Tom should at first make a forecast‚ because it’s important for giant
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noted in the book‚ “when a company changes the way it depreciates an asset in midstream‚ the change would be made to reflect a change in‚ either an estimated future benefit from the asset‚ the patterns of receiving those benefits‚ or the company’s knowledge about those benefits” (McGraw-Hill Companies‚ 2010). When this company changes there previous estimate‚ they don’t have to amend their prior financial statements because they are using the prospectively approach. The company would just show the change
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Calibro is a company majoring in the development and production of pharmaceuticals. It is headquartered in Switzerland. Since the company aims at developing‚ improving and producing pharmaceuticals‚ intense research is an essential requirement for the company. It has established research laboratories in various countries in Europe. Teams of research specialists are entrusted with the core role of researching and improving pharmaceuticals. Recently‚ the research team was working on a new drug development
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Received $1 per share semiannual cash dividend on Pine Co. common stock. Aug 1 Received $0.50 per share cash dividend on Hurst Co. common stock. Sept 1 Sold 1‚500 shares of Pine Co. common stock for cash at $8 per share‚ less brokerage fees of $300. Oct 1 Sold 800 shares of Hurst Co. common stock for cash at
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suits Rendell Company plus some additional control system in attaining the company’s main objectives. We will be also tackling the roles‚ functions and responsibilities of a controller in an organization. This case takes us into Rendell Company which is currently having problems between the corporate controller and the divisional controller. We assessed the advantages and disadvantages of the organization structure of Martex whether it can be applied and be implemented to Rendell Company in order to
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Company Q The Achilles heel of most business is profit‚ the ability to keep up those margins and cut losses. Company Q’s bottom line was too shallow resulting in the closing of two stores. Both locations were in heavy metropolitan areas with high crime rates and poor neighborhoods. Such actions can have a ripple effect on the community‚ causing current issues to intensify while adding to unemployment. Poverty that already existed within the community will be more prevalent now. The increase
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Chapter 12 Simple Linear Regression Case Problem 1: Measuring Stock Market Risk a. Selected descriptive statistics follow: Variable N Mean StDev Minimum Median Maximum Microsoft 36 0.00503 0.04537 -0.08201 0.00400 0.08883 Exxon Mobil 36 0.01664 0.05534 -0.11646 0.01279 0.23217 Caterpillar 36 0.03010 0.06860 -0.10060 0.04080 0.21850 Johnson & Johnson 36 0.00530 0.03487 -0.05917 -0.00148 0.10334
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T.J.X. Companies‚ Inc. Final Case Study Report Nichols College T.J.X. Companies‚ Inc. is the leading off-price apparel and home fashions retailer in the United States and worldwide‚ ranking number 115 in the most recent Fortune 500 listings. They have the broadest demographic reaches in retail‚ all of which have enabled them to achieve successful‚ and profitable growth year after year‚ through many types of economic and retail cycles. With over
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Established in 1967 as RTI‚ the Greatwide Company has become one of the best carriage and logistics company in the United States. Throughout the years‚ it has improved its services through the acquisition of Total Distribution‚ Nordstrom Freight Corporation‚ Dallas Mavis‚ Am-Can‚ Cargo-Master‚ Southpoint‚ and YGC logistics. With its fleet of more than 5‚000 trucks‚ Greatwide is always in the search for dedicated and reliable drivers. If you have what it takes to be part of the team‚ then try for
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