Answer:
Explanation:
b, shes marketing the company by giving out cookies.
Santiago borrows $10,000 for tuition and other expenses. He will pay 4.5 percent of that amount as a fee to borrow the money. The loan is for 10 years, which will mean a $93.22 monthly payment after he finishes his education. Which of these numbers is the loan principal?
A.
$10,000
B.
4.5 percent
C.
10 years
D.
$93.22
The loan will have a 10-year term after he completes his education, and $93.22 in monthly payments will be required. The initial balance of the Loan is $9,569.89.
What is a loan?A loan is a sum of money that a person or business borrows from a lender, typically a financial institution, with the agreement to return the loan together with interest over time. Loans are typically used to finance large expenditures or investments that an individual or business might not be able to afford up front, including a car, a home, going to school, or starting a business.
Before a loan is approved, the borrower and the lender often agree on its specific terms, including the interest rate, repayment schedule, and any fees.
The price to borrow the money is 4.5 percent of the loan amount. To calculate the fee, we can multiply the loan amount by the fee percentage.
Fee = 10,000 x 0.045 = $450
The loan principle is the sum that Santiago borrowed before the fee was imposed. We can calculate the principal by dividing the loan amount
by (1 + the fee percentage):
Principal: 10,000 divided by (1 + 0.045) equals $9,569.89
Therefore, the loan's principle is $9,569.89.
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Mei-Ling plans to earn a degree from a vocational school after she finishes high school. What type of goal is this?
A.
short-term
B.
mid-term
C.
long-term
D.
very long-term
Answer:
This goal is a B. mid-term goal. A short-term goal usually takes less than a year to achieve, while a long-term goal generally takes more than five years to achieve. A mid-term goal typically takes between one to five years to achieve. Since Mei-Ling plans to earn a degree from a vocational school after she finishes high school, which usually takes two years, this goal falls within the mid-term category.
Why do we need Alternative risk transfer?for insurance
Answer:
yes
Explanation:
this is because alternative risk transfer is purposely for insurance
Answer:
The alternative risk transfer (ART) market allows companies to purchase coverage and transfer risk without having to use traditional commercial insurance. The ART market includes risk retention groups (RRGs), insurance pools, captive insurers, and alternative insurance products.
Explanation:
Do you shop with cash, credit cards or debit cards?
List 5 countries that are a cashless society which some people use this method of payment for small items, such as a pack of chewing gum.
Why are commission-based jobs and careers sometimes stressful?
A.
Commission-based workers aren’t allowed to join unions, so their working conditions vary.
B.
Commission-based workers have to pay extra money for union dues.
C.
People in these jobs don’t always know how much they will make from month to month.
D.
People in these jobs have to use management skills that aren’t needed in other jobs.
Commission-based jobs and careers sometimes stressful because People in these jobs don’t always know how much they will make from month to month.
What is jobs?Jobs is a term used to describe a person's employment. There are many different types of jobs, ranging from manual labour to highly skilled professional positions. To find a job, applicants need to present a resume to potential employers, as well as demonstrate their qualifications and experience. Many employers may also require interviews and tests to assess a job applicant's suitability.A job can be full time, part time, casual, or seasonal. It can involve working in an office, factory, store, or other workplace, or working from home. It can also involve working remotely (e.g. telecommuting) or travelling to various locations (e.g. sales representative). Depending on the type of job, it may involve manual labour, physical labour, intellectual labour, or a combination of all three.
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After you get the new oil filter from stock, what do you do with it?
Select the correct answer and click Submit.
Place the oil filter at the front of the service bay with the gasket up.
Place the new oil filter on the oil drain pan.
Install the oil filter on the vehicle.
Place the oil filter at the front of the service bay with the gasket down.
Submit
After you get the new oil filter from stock C. Install the oil filter on the vehicle.
How to use the oil filter ?Upon retrieving the new filter from storage, proceed with the task of replacing the current oil filter. Before installation of the fresh filter, eliminate the previous one and thoroughly cleanse the adjacent region.
Follow this with a careful inspection to verify that the substitution has been properly executed. Afterward, append unused oil to activate smooth engine operation.
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Match the term with the appropriate definition.
1. spreadsheet
2. invoice
3. row
4. data
5. function
a statement you submit to get paid
for a product or service
software used to work with
numbers and financial information
information that is stored
a built-in formula in a spreadsheet
a horizontal set of data in a
spreadsheet
The terms can be matched with the appropriate definition as ;
A statement you submit to get paid for a product or service ( invoice)A software used to work with numbers and financial information( spreadsheet)Information that is stored (data )A built-in formula in a spreadsheet (function)A horizontal set of data in a spreadsheet (row)What are the terms ?A spreadsheet can be described as the tool that is used to store, as well as analyze data and can beseen to have been organized in a series of rows and columns .
invoice can be described as the statement that is needed to express what you are been paid for in term of product or service.
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explain customer relationship management and explain it Associated tools and level of relationship
Answer:
Customer relationship management (CRM) is the combination of practices, strategies and technologies that companies use to manage and analyze customer interactions and data throughout the customer lifecycle. The goal is to improve customer service relationships and assist in customer retention and drive sales growth.
Customer relationship management (CRM) is a tool used to manage all interactions and connections between your company's clients. The goal is simple: develop business relationships so that your firm can grow.
What various forms of customer relationship management exist?CRM programs go into one of four categories: operational, analytical, collaborative, or strategic. Every one is designed to achieve a specific business goal. Many businesses either use a variety of CRM systems or have developed a special CRM solution that combines elements from all the systems.
What are the four components of the customer relationship management process?The four key components of CRM implementation—technology (applications and infrastructure), strategy (business goals and objectives), process (procedures and business regulations), and people—must all be considered (organizational structure, skills, and incentives).
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The members who make up our government work together to keep things safe and take care
of our needs. Each person does their part to make sure things run smoothly. How do each of
the different pathways in the Government and Public Administration work together to help?
In this activity, you will create a mind map showing the different pathways that can be found
in the Government & Public Administration cluster. A mind map is a sketch or diagram that
you can design yourself to organize your ideas. It could look like a tree with different
branches or a park with different paths! Whatever you decide, you will put each pathway on a
different spot on your mind map
Under each pathway, you will give one example of a job found in each pathway.
Write a short note beside the job, explaining where you might find this person
List at least one task that they accomplish to keep things running for us.
When you have completed your mind map, take a photo of it and upload to your instructor
Answer:
Government & Public Administration Cluster
- Legislative Branch
- Senator
- Works in the Senate
- Creates and passes laws that benefit the people
- Representative
- Works in the House of Representatives
- Represents the people in their district and creates laws that benefit them
- Executive Branch
- President
- Works in the White House
- Leads the country and makes decisions that benefit the people
- Vice President
- Works in the White House
- Supports the President and takes over if necessary
- Judicial Branch
- Judge
- Works in a courthouse
- Interprets the law and makes decisions in legal cases
- Public Administration
- City Manager
- Works in a city hall
- Manages the city's operations and services for the people
- Public Relations Specialist
- Works in a government agency
- Communicates with the
Question 6 of 10
What is one of the main economic roles financial institutions play?
OA. Loaning money to businesses and consumers
OB. Collecting taxes for state and local governments
O C. Starting new businesses in many different industries
OD. Printing money to increase the money supply
Answer:
A. Loaning money to businesses and consumers
Hope it helped! :)
3 is the way people identifield information within their environment.
Answer: 3 ways people identified information within their environment are like when cavemen used pictures to write their stories. While they started out with basic drawings, usually of animals, their drawings seem to have been abstracted into symbols. The Egyptians left symbols, the symbols were chosen to show respect to each god and goddess, and were carved into the walls using special tools. Finally, carrier pigeons. Pigeons are known well for their directions. They were known to find their home, even after traveling long distances. People used to attach small letters to their necks, hoping they would fly to the receiver.
Patel and Sons Incorporated uses a standard cost system to apply factory overhead costs to units produced. Practical capacity for the plant is defined as 50,000 machine hours per year, which represents 25,000 units of output. Annual budgeted fixed factory overhead costs are $250,000 and the budgeted variable factory overhead cost rate is $4 per unit. Factory overhead costs are applied on the basis of standard machine hours allowed for units produced. Budgeted and actual output for the year was 20,000 units, which took 41,000 machine hours. Actual fixed factory overhead costs for the year amounted to $245,000, while the actual variable overhead cost per unit was $3.90.
Answer:
Using the given information, we can calculate the following:
Calculate the standard fixed overhead rate per unit:
Standard fixed overhead rate per unit = Budgeted fixed factory overhead costs / Practical capacity in units
= $250,000 / 25,000 units
= $10 per unit
Calculate the total standard overhead cost per unit:
Total standard overhead cost per unit = Fixed overhead cost per unit + Variable overhead cost per unit
= $10 + $4
= $14 per unit
Calculate the total actual overhead cost per unit:
Total actual overhead cost per unit = Actual fixed overhead cost per unit + Actual variable overhead cost per unit
= ($245,000 / 20,000 units) + $3.90
= $12.25 + $3.90
= $16.15 per unit
Calculate the overhead variance:
Total overhead variance = Actual overhead cost - Standard overhead cost
= (Actual fixed overhead cost + Actual variable overhead cost) - (Standard fixed overhead cost + Standard variable overhead cost)
= ($245,000 + (20,000 x $3.90)) - ((20,000 x $10) + (20,000 x $4))
= $330,000 - $240,000
= $90,000 unfavorable variance
Therefore, the overhead variance for the year is $90,000 unfavorable. This indicates that the actual overhead cost per unit was higher than the standard overhead cost per unit, which could be due to various factors such as increased machine hours, higher variable overhead costs, or inefficient use of fixed overhead costs.
Hope this helps!
Jesse creates blueprints as part of his job. He designs buildings for store owners, making them the size clients want and including the features they ask for. What is Jesse’s job title MOST likely to be?
A.
Architect
B.
Engineer
C.
General contractor
D.
Web developer
According to the question jesse’s job title MOST likely to be Architect.
What is Architect?An architect is a professional who designs and plans the construction of buildings and other structures. Architects use a variety of creative and technical skills to develop plans for the construction of structures that are safe, functional, and aesthetically pleasing. They must consider many factors, such as safety, cost, convenience, and cultural and environmental impact. Architects use computer-aided design (CAD) software to create digital models of the structures they plan. They then collaborate with other professionals, such as engineers and contractors, to ensure that the structure will be built according to the plans. In addition, architects may also develop interior designs, select materials, and provide guidance on the construction process.
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Rupa addresses her supervisor by his first name and speaks to him freely about whatever is on her mind. Which aspect of a cultural context does Rupa's behavior demonstrate?
Rupa addresses her supervisor by his first name and speaks to him freely about whatever is on her mind. Rupa's behavior demonstrate indirect communication.
Through the use of gestures, tone of voice, and/or facial expressions, indirect communication refers to expressing thoughts and feelings rather than verbally expressing them. It can be challenging to interpret an indirect communication for someone who is not accustomed to that culture's, a particular social group's, or an intimate partner's communication style.
Indirect communication is defined as "hinting or acting out," frequently accompanied by nonverbal actions including gestures, facial expressions, voice intonation, pauses, or long silences. Instead of expressing their sentiments directly, indirect communicators may act them out in order to save face or stay away from conflict-related situations where they could feel unpleasant levels of tension and unease.
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PLEASE HELP
Forms:
2022 1040
2022 Schedule 1
2022 Schedule 2
2022 Schedule 3
2022 Schedule B
2022 Schedule C
2022 Schedule SE
2022 Form 2441
2022 Schedule 8812
2022 Form 8863
2022 Form 8995
Answer:
Based on the information provided, the following is the completed 2022 federal income tax return for Magdalena Schmitz.
Form 1040, U.S. Individual Income Tax Return
1(a) Magdalena Schmitz 294-83-2845
623 S. Liberty Road
Bedford, PA 15522
( b ) Single ( c ) Head of household ( X ) Qualifying widow(er)
Check if person Check if person
if born before if blind
January 2, 1958 X no
2 Alyssa Schmitz 824-84-8456
3 Tyler Schmitz 824-34-9584
4 Connor Schmitz 824-56-2984
5 Dependents: 3
6a Check if your spouse itemizes on a separate return No
b Dependent's SSN not required for a child under age 17
7 Wages, salaries, tips, etc. (Form(s) W-2) $50,885
a Federal income tax withheld $1,100
b Social Security wages $48,435
c Social Security tax withheld $3,002
d Medicare wages and tips $50,885
e Medicare tax withheld $701
f State tax withheld $825
8a Taxable interest $6,010
b Tax-exempt interest
9a Ordinary dividends
b Qualified dividends
c Total ordinary dividends and qualified dividends
10 Taxable refunds, credits, or offsets of state and local income taxes $325
11 Alimony received
12 Business income or (loss) (Schedule C) ($1,080)
a Gross receipts or sales $6,500
b Cost of goods sold
c Expenses
d Other (from line 48) ($1,080)
e Form 4797 sales price
f Form 4797 cost or other basis
g Other (from line 48)
13 Capital gain or (loss) ($500)
a Short-term gains or (losses) ($200)
b Long-term gains or (losses) ($300)
14 Other gains or (losses)
a From Form 4684
b From Form 6781
c From Schedule D, line 13 or 18
15 Total income $55,440
16a Adjustments to income
b IRA deduction
17 Taxable income $55,440
18 Tax (Schedule D Tax Worksheet or Form 1040, line 24) $6,220
19 Credits:
a Child tax credit and credit for other dependents $2,000
b Education credits
c Retirement savings contributions credit
d Child and dependent care expenses (Form 2441) $850
e Residential energy credits
f Other credits
20 Total credits $2,850
21 Tax after credits $3,370
22 Other taxes
a Self
Describe how to manage human resourse capital
Human resource capital can be managed by, overseeing human capital, vital workforce arranging, contributing in instruction, contributing in working environment preparing, and undertaking execution management.
How can human resource capital be managed?Human capital administration (HCM) could be a hone that organizations utilize to attract, recruit, prepare, develop and hold the most excellent workers to realize brief- and long-term destinations.
Attempt Key Workforce Arranging; Each administration activity ought to start with a vital arrange, and the U.S. Government Responsibility Office (GAO) accepts human capital administration ought to be no distinctive. Contribute in Instruction Contribute in Working environment PreparingAttempt Execution AdministrationConclusively, to progress human capital administration, organizations ought to contribute in existing staff, personalize human capital administration, use innovation, adjust human capital administration with trade objectives, and move forward communication.
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You met several potential buyers at an open house you sat on for a colleague who had a last minute emergency come up and asked for your help. One couple who were not accompanied by a broker indicated that they were not interested in that particular property, however, they would like your help in finding a suitable property for them to purchase. They agreed to meet with you tomorrow morning to look at some other homes. You have selected three that you feel should meet their requirements. How are you planning for tomorrow?
a. All of the answers are correct.
b. Map out the most effective approach (parks, schools, shopping, etc.)
c. Plan the showing (which features first (gourmet kitchen, cathedral ceiling in front entryway, outdoor kitchen/patio, garage workshop, etc)
d. Plan which advantages to emphasize (privacy, school district, unobstructed view, shopping area, hiking/jogging trails, etc.)
As a real estate agent, it's important to be prepared and organized when showing homes to potential buyers.
How can the realtor plan for tomorrow?Map out the most effective approach (parks, schools, shopping, etc.)
Plan the showing (which features to highlight first, such as a gourmet kitchen or outdoor kitchen/patio)
Plan which advantages to emphasize (such as privacy, school district, or scenic views)
By taking the time to plan and prepare for the showing, you can ensure that the buyers have a positive experience and are able to see the potential of each property you show them.
It also helps to build trust and establish a good working relationship with the buyers, which can lead to future referrals and business.
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As a real estate agent, it's important to be prepared and organized when showing homes to potential buyers.
How can the realtor plan for tomorrow?Map out the most effective approach (parks, schools, shopping, etc.)
Plan the showing (which features to highlight first, such as a gourmet kitchen or outdoor kitchen/patio)
Plan which advantages to emphasize (such as privacy, school district, or scenic views)
By taking the time to plan and prepare for the showing, you can ensure that the buyers have a positive experience and are able to see the potential of each property you show them.
It also helps to build trust and establish a good working relationship with the buyers, which can lead to future referrals and business.
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Santiago borrows $10,000 for tuition and other expenses. He will pay 4.5 percent of that amount as a fee to borrow the money. The loan is for 10 years, which will mean a $93.22 monthly payment after he finishes his education. Which of these numbers is the loan principal?
A.
$10,000
B.
4.5 percent
C.
10 years
D.
$93.22
The firm of Adams, Walters, & Chow, CPAs, is the auditor of Yonkers Corporation, a nonpublic company. The President of Yonkers, Sarah Johnson, has been putting pressure on Adam Chow, the audit partner, to accept a questionable accounting principle. She has even threatened to take steps to replace the CPA firm if he does not acquiesce (agree)
Answer:
9662821/2 / (2/3)966282
This is an example of a conflict of interest and a breach of professional ethics.
In this scenario, the President of Yonkers Corporation is attempting to exert undue influence on the audit partner of Adams, Walters, & Chow, CPAs to accept a questionable accounting principle.
This is an example of a conflict of interest and a breach of professional ethics. The audit partner has a duty to act in the best interests of the public and maintain independence and objectivity when auditing a client's financial statements.
If the audit partner acquiesces to the President's demands, it could compromise the integrity of the audit and undermine the public's trust in the financial reporting process. Therefore, the audit partner should resist any pressure or threats from the client to compromise their professional ethics.
To address this situation, the audit partner should communicate with the client's board of directors or audit committee and seek their support in maintaining the integrity of the audit process. If the client persists in their demands, the CPA firm should consider resigning from the engagement to avoid any potential legal or reputational consequences.
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Why is growing the number of users such an important metric for social media companies? How does Metcalfe’s Law relate to the profitability of social media companies?
Answer:Growing the number of users is an important metric for social media companies because it directly affects their revenue and profitability. Social media companies generate revenue through advertising, and the more users they have, the more valuable their platform is to advertisers. Advertisers are willing to pay more to reach a larger audience, which translates to higher revenue for the social media company.
Metcalfe's Law states that the value of a network is proportional to the square of the number of users in the network. In the context of social media, this means that the more users a platform has, the more valuable it becomes to each user. As more users join a social media platform, the value of the network increases exponentially, which makes it more attractive to new users, leading to a virtuous cycle of growth.
The profitability of social media companies is directly related to the number of users they have and the engagement level of those users. As the number of users grows, the company's revenue potential grows as well. Additionally, social media companies can monetize their user base in other ways, such as through premium subscriptions or transaction fees. As long as the company can maintain or increase its user base and engagement levels, it is likely to be profitable.
Leroy who is 32 and makes $48,000 per year participates in his employers 401k plan, but would like to save additional funds for retirement. You would most likely recommend
I can suggest the following recommendation based on the given information:
Leroy can consider opening an individual retirement account (IRA) in addition to his employer's 401k plan. An IRA is a tax-advantaged savings account that can help Leroy save extra funds for retirement. There are two types of IRAs – Traditional and Roth. Leroy can choose based on his tax situation and retirement goals. In a Traditional IRA, contributions may be tax-deductible, and earnings grow tax-deferred. In contrast, contributions to a Roth IRA are taxed upfront, but withdrawals are tax-free in retirement.
Overall, Leroy should consult with a financial advisor to understand his retirement goals and risk tolerance to make the most suitable decision for his retirement savings plan.
Estella wants to be a museum curator. What entry-level job would MOST likely help her achieve that goal?
A.
animator
B.
analyst
C.
archivist
D.
journalist
Answer: C
Explanation:
Web developers work with a range of software applications. Which of these is an example of a software application?
A.
Photoshop
B.
Python
C.
HTML5
D.
JavaScript
Web developers work with a range of software applications. Photoshop is an example of a software application.
What is software?Software is a set of instructions, data or programs used to operate computers and execute specific tasks. It is a set of computer programs, procedures and associated documentation concerned with the operation of a data processing system. Software can be divided into two main categories: system software and application software. System software is responsible for the functioning of the computer hardware and operating systems, while application software enables users to perform specific tasks such as creating documents, playing games and running business applications. Software can also be divided into two types: proprietary software and open-source software. Proprietary software is owned by an individual or company and requires permission to use, while open-source software is often free to use and modify.
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Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below: Standard Quantity or Hours Standard Price or Rate Standard Cost Direct materials 4.6 pounds $ 2.50 per pound $ 11.50 Direct labor 0.2 hours $ 18.00 per hour $ 3.60 During the most recent month, the following activity was recorded: Twenty thousand pounds of material were purchased at a cost of $2.35 per pound. All of the material purchased was used to produce 4,000 units of Zoom. 750 hours of direct labor time were recorded at a total labor cost of $14,925. Required: 1. Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency variances for the month.
The materials price variance is $3,000 favorable, the materials quantity variance is $4,000 unfavorable, the labor rate variance is $1,425 unfavorable, and the labor efficiency variance is $900 favorable.
The materials price variance is $3,000 favorable because the actual price of $2.35 per pound is lower than the standard price of $2.50 per pound. The materials quantity variance is $4,000 unfavorable because more material was used than the standard allowed.
The labor rate variance is $1,425 unfavorable because the actual rate of $19.90 per hour is higher than the standard rate of $18.00 per hour. The labor efficiency variance is $900 favorable because fewer hours were worked than the standard allowed.
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Can someone help me
Based on the income and the data given, the Gross profit is -$3,500
How to calculate the valuePreparing the income statement for the month of February 2009 using the FIFO method of inventory valuation (perpetual).
We have:
Revenue: $97,000 (2,300 units x $15 + 1,300 units x $18 + 2,100 units x $20)
COGS: $100,500
Gross profit: -$3,500
Based on the calculations above, the closing inventory value at 28 February 2009 using the FIFO method is $31,000. This is the value that should be reported in the financial statements as the ending inventory value for the month of February.
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functions of money
types of business organizations
Answer:
Functions of Money:
Money is a medium of exchange that is widely accepted in transactions for goods and services. It has several functions, including:
1. Medium of exchange: Money is used as a medium of exchange to buy goods and services.
2. Unit of account: Money serves as a unit of account, which means it is used to measure the value of goods and services.
3. Store of value: Money can be saved and stored for future use, making it a store of value.
4. Standard of deferred payment: Money can be used to settle debts and obligations in the future.
Types of Business Organizations:
There are several types of business organizations, including:
1. Sole proprietorship: This is a business owned and operated by a single individual. The owner is responsible for all aspects of the business, including finances, liabilities, and profits.
2. Partnership: This is a business owned and operated by two or more individuals. The partners share the profits and liabilities of the business.
3. Corporation: This is a legal entity that is separate from its owners. Corporations have the ability to raise funds through the sale of stocks, and the liability of the owners is limited to their investment in the corporation.
4. Limited Liability Company (LLC): This is a hybrid business structure that combines the liability protection of a corporation with the tax benefits of a partnership. The owners of an LLC are referred to as members.
5. Cooperative: This is a business owned and operated by a group of individuals for their mutual benefit. The members of the cooperative share the profits and decision-making responsibilities.
Q2-Non utilized talent one of the major wastes in any organization How to deal with this waste.
Organizations can reduce non-utilized talent and create a more engaged and productive workforce that can contribute to the organization's success through:
How organizations can deal with Q2-Non utilized talent1. Identify and Assess Talent: The first step is to identify and assess the organization's talent, including their skills, experience, and potential.
2. Align Talent with Business Needs: Once talent has been discovered, businesses must ensure that their skills and talents are in line with the company's current and future needs.
3. Provide Growth and Development Opportunities: Organizations should provide opportunities for talent to grow and enhance their skills.
4. Foster a Culture of Collaboration: A collaborative and teamwork culture can help employees work efficiently together, harnessing each other's strengths and talents.
5. Recognize and Reward Talent: Organizations should recognize and reward talent for their efforts.
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Answer:
Explanation:Q2-Non utilized talent one of the major wastes in any organization How to deal with this waste.
Non-Utilized Talent
n the office, The Muda of Non-Utilized Talent is considered the hardest to detect among the eight types of waste. It is the most subtle hidden type of waste but by far the most rewarding to eliminate. Recruitment in corporate offices is quite different than that in manufacturing because you are hiring for soft skills. This means there is a high possibility for candidates to go unnoticed or for them be assigned to positions below their skills and qualifications.
The Muda of Non-Utilized Talent is the failure to utilize the skills and capabilities of all your employees. It is failing to recognize your employees’ skills and even their contribution and not providing them with the needed time and resources to complete and improve their tasks. Human capital is by far the most valuable resource your organization has and its efficient performance lies entirely in the hands of your employees. In a lot of organizations, we see that having too many policies and regulations can sometimes stifle employees’ creativity and proactivity due to excessive bureaucracy and endless paperwork.
The Muda of Non-Utilized Talent in the office can take (but is not limited to) any of the following forms:
• Poor or no incentives
• Insufficient or inadequate training/cross-training/tools to perform tasks
• Deploying new systems or software without prior training
• No personal or professional development opportunities available to employees
• Not engaging employees in planning, organization, and innovation
• Nepotism or favoritism in hiring and recruitment
• Hiring highly paid or overqualified staff for routine tasks
• Overly limiting employees’ authority, responsibility, or input to conduct routine decisions or basic tasks
How to Eliminate the Muda of Non-Utilized Talent
A good exercise to reduce the Muda of non-utilized talent is to ask: “How can we recruit, train and retain the best people? What are the benefits of developing and nurturing a culture of the multi-skilled workforce? Do you want to hire a workforce that feels there is no room for contributing their opinions?”
Start with your recruitment process. Develop it in such a way that you can gauge people’s backgrounds and skills. Create a set of tests or a system that allows you to gather that kind of information about your candidates and how to act accordingly. Make sure to put in place onboarding plans that will allow you to get to know your new hires and their skillsets better.
Improvement ideas should come from the ground up. You need your employees’ input because they are the ones dealing with the product or the client directly. Management must evaluate and listen to every employee in the organization and invite them to contribute to continuous improvement. Managers in larger organizations where flat organizational structures are more difficult to achieve must create space for self-directed teams that are well trained and aligned.
Foster a culture of open doors, teamwork, training, feedback, clear leadership, and continuous improvement. Ensure that incentives, benefits, and compensations reflect the effort of the employees. Encourage your employees to speak up, take initiative, and practice ownership of their projects and areas of expertise. The worst thing you can do is make your employees feel unheard or excluded from innovation and process improvement.
Beyond recruitment, follow Lean principles such as Kaizen —often considered as the “building block” of all lean production methods
The most valuable resource in any organization is the employees. The lean waste of non-utilized talent is exactly as it sounds; not effectively, or at all, utilizing the valuable resource that is your employees. This creates waste by leaving value on the table that your employees could bring through skills or talents that haven’t been recognized.
In manufacturing non-utilized talent can be prevalent at multiple levels of the organization. At the very bottom are workers who aren’t being properly evaluated. A lower level employee may be able to be flexible between more than one job, or could have skills that aren’t directly applicable to the manufacturing process but would provide new context to view operations with. Keeping an employee with multiple skills in one position may be passing up opportunities to expand their role and involvement in the plant. At management levels of manufacturing, managers may be under-utilized because they have insight into potential process improvements that are missed by oversight engineers, but only have agency to speak on worker management.
LK LearnKey
Sales Process
A sales process consists of repeatable steps that a salesperson can use to sell
products or services. This process helps the sales team find clients, close sales,
and retain customers. The seven steps are prospecting, preparation, approach,
presentation, objection, closing, and follow-up. Each step is necessary to have a
smooth sales process. It is important to maintain relationships with customers.
The main role of customer service is to have positive interactions with
customers. A large part of customer service focuses on negative feedback.
Setting clear guidelines to respond to these situations is necessary.
Purpose
Upon completing this project, you will better understand the steps of a sales
process.
Steps for Completion
1.
In which step of the sales process would you address customer
concerns?
2.
In which step of the sales process would potential clients be contacted?
a.
ain 2 Lesson 3
a.
5. In which step of the sales process would potential customers be identified?
a.
Project file
N/A
Project De
Estimated complet
5 minutes
3. In which step of the sales process would a customer decide to purchase a product?
a.
Video reference
Domain 2
Topic: Sales Chann
Subtopic: Eleme
Process; Role of
and Sales Strater
4. In which step of the sales process would a presentation be shown to a customer?
a.
Objectives cover
2 Marketing and Sale
2.3 Identify sales c
2.3.1 Identify el
process
2.3.4 Identify th
service and sup
strategies
ANE
Entrepreneurship and Small Business V.2 P
Customer concerns would typically be addressed in the objection step of the sales process. This is when the salesperson listens to the customer's concerns and objections and addresses them to overcome any barriers to the sale.
What is the next step?Potential clients would typically be contacted in the prospecting step of the sales process. This is when the salesperson identifies potential customers and reaches out to them to start the sales process.
A customer would typically decide to purchase a product in the closing step of the sales process. This is when the salesperson asks for the sale and finalizes the transaction.
A presentation would typically be shown to a customer in the presentation step of the sales process. This is when the salesperson showcases the product or service to the customer and explains its features and benefits.
Note: The above answers are based on the traditional 7-step sales process mentioned in the prompt. However, it is important to note that sales processes can vary depending on the industry, product or service being sold, and the sales team's approach.
Read more about sales process here:
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.which of the following is most likely to occur when the central bank buys
government bonds (expansionary monetary policy) on the open market?
Unemployment increases
Unemployment decreases
Consumer spending decreases
businesses stop investing in new warehouses, technology, workers, etc.
The following is most likely to occur when the central bank buys government bonds is Unemployment decreases
What will happen when central bank buys government bondsWhen the central bank purchases government bonds on the open market, it expands the money supply in the economy, increasing credit availability and lowering interest rates.
This, in turn, can lead to an increase in consumer spending, new business investments, and, eventually, a drop in unemployment. As a result, the right answer is "Unemployment decreases."
Learn more about unemployment at https://brainly.com/question/305041
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What is the accountant’s main job in the petty cash process?
Answer:The accountant's main job in the petty cash process is to ensure that petty cash is properly managed and that all transactions related to it are accurately recorded in the accounting system.
The accountant is responsible for establishing the petty cash fund and determining the appropriate amount of cash to be held in the fund. The accountant must also ensure that the petty cash fund is secure and that it is only used for authorized expenses.
The accountant is also responsible for approving and recording petty cash transactions. This includes verifying that the expenses are legitimate and that they are properly supported by receipts or other documentation. The accountant must also ensure that the expenses are recorded in the correct expense accounts and that they are properly allocated to the appropriate departments or cost centers.
At regular intervals, the accountant must also reconcile the petty cash fund to ensure that the balance of cash on hand matches the balance in the accounting records. Any discrepancies must be investigated and resolved.
Overall, the accountant plays a critical role in managing the petty cash process to ensure that it is efficient, accurate, and compliant with company policies and accounting standards.
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