Alfred Chandler, a well-known business historian, emphasized that a firm's organizational structure should be designed in a way that aligns with its business and corporate-level strategies.
This is because an appropriate organizational structure can help a business achieve its goals more efficiently. It's important to note that organizational structure refers to the hierarchical arrangement of tasks, responsibilities, and roles within a company.
The business strategy of a company defines its goals and objectives, the target market, and the approach to achieving these objectives. Similarly, corporate-level strategy outlines how the business will manage its portfolio of businesses and how they will coordinate their operations. Chandler's theory argues that the organizational structure must be designed to support and implement the business and corporate-level strategy.
For example, if a company wants to diversify its products or enter into a new market, it may require a functional organizational structure with different departments for each product line or business unit. On the other hand, if the company wants to focus on a particular product line, a divisional structure may be more appropriate.
In conclusion, a firm's organizational structure should be in line with its business and corporate-level strategy to achieve its objectives efficiently. This theory is widely accepted by the business community, and many companies consider their organizational structure when devising their strategies.
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College degree programs are divided into these two levels:
secondary
undergraduate
postsecondary
graduate
Answers are undergraduate and graduate, got 100% in edge.
These two levels split college degree programs:
undergraduategraduateWhich two types of degrees exist?Doctoral or professional degrees, associate degrees, bachelor's degrees, and graduate degrees are the four primary categories of college degrees. A doctorate and a professional degree differ greatly from one another, and each category has several subcategories.
How come there are two degrees?Double degrees have been typical in several countries for a very long time. They allow taking one course that is knowledge-intensive and one that is skill-focused for enhanced job readiness. They provide the opportunity to engage in multidisciplinary or transdisciplinary studies.
What number of levels make up a degree?Consequently, associate's degrees and bachelor's degrees are the two main categories of undergraduate degrees.
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In Section 2, you learned about costs and profit. Now, you'll apply what you learned.
1. Choose a real or made up example of a company, and describe at least three variable costs the company has. (1-3 sentences. 1.5 points)
2. Choose a real or made up example of a company, and describe at least three fixed costs the company has. (1-3 sentences. 1.5 points)
3. Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? Explain. (1-3 sentences. 2.0 points)
4. If you were running a company, describe at least two things you would do to improve its productivity. (1-4 sentences. 2.0 points)
5. Describe at least two advantages a large company has over a smaller company. (1-4 sentences. 2.0 points)
6. Choose a good you are familiar with, and analyze its economic utility, using the questions below. NOTE: Choose a good for this exercise, not a service.
a. What type of good did you choose? (1 sentence. 1.0 points)
b. Describe the form utility of the product you chose. What makes its form useful? Can you think of any improvements that could be made to its form utility? (1-3 sentences. 2.0 points)
c. Describe the place utility of the product. Can you think of any improvements that could be made to its place utility? (1-3 sentences. 2.0 points)
d. Describe the time utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points)
e. Describe the possession utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points)
f. Describe the information utility of the product. Can it be improved at all? (1-3 sentences. 2.0 points)
A company which makes custom-fitted sweaters for cats has three variable costs. The cat sweater designer only does home visits, so for each customer, the designer will have to drive to the house to measure the cat. Each cat’s shape and measurements differ, so the yarn to make their sweaters will vary for each cat. The time spent knitting the sweaters will vary for each cat depending on the style their owner wants and the cat’s size and shape. For this company, the variable costs would be gas, the yarn, and staff wages for how much time each sweater takes.
What does a corporation mean?A group of people can come together to legally form a corporation to do business and run a commercial or industrial venture. Depending on its jurisdiction's corporate legislation, a corporation may be set up in a variety of ways for tax and financial liability reasons.
What is the difference between a company and a business?Although a corporation might conceivably be managed by a single person, a company by definition needs to have numerous owners. One might employ a few members of their family to work at a small carwash, for instance. As a business, that would qualify.
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Big-Mouth Frog Corporation had revenues of $300,000, expenses of $200,000, and dividends of $45,000.
When Income Summary is closed to Retained Earnings, the amount of the debit or credit to Retained Earnings is a:
Net income = Revenues - Expenses Net profits = $330,000 - $200,000 N=$130,000
Which of the following will decrease the retained earnings account?A retained profits stability is improved with the aid of net income (profit), and cash dividend payments to shareholders decrease the balance.
Retained earnings are an important section of any business's financial picture. Over the path of a year, retained salary will make bigger and decrease. These fluctuations will be due in particular to one of three events in a business's money flow: experiencing net gains, having net losses or paying out dividends
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https://brainly.com/question/25631040#SPJ4What are the 6 different dimensions of health?
The National Wellness Institute promotes Six Dimensions of Wellness: emotional, occupational, physical, social, intellectual, and spiritual.
What is inherently valuable to a person is referred to as their well-being, sometimes referred to as wellness, prudential value, or quality of life. Therefore, a person's well-being is what is ultimately advantageous to them and what is in their best interests.
"Subjective well-being" refers to how individuals see and assess their life, and is often assessed in connection to self-reported well-being gleaned via surveys. In ordinary speech, the words "well-being," "pleasure," and "happiness" are used interchangeably, but in academic settings like philosophy or psychology, their meanings diverge.
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Fred's health insurance premium is $4635 annually. if his employer pays 80% and he is paid monthly, how much is deducted from each monthly check? responses a. $35.65b. $77.25 c. $309.00 d. $927.00
Fred's employers pays 80% of his insurance premium. The amount of insurance premium deducted from his monthly check is: $77.25 (option b)
An insurance premium is the sum of money paid for an insurance policy by an individual or corporation.
In the given problem, the annual cost of the health insurance is $4635.
It means, the monthly cost is:
monthly premium = $4635/12 = $386.25
The premium payment is divided into:
- 80% paid by Fred's employer
- 20% paid by him.
The amount paid by his employer monthly:
= 80% x 386.25 = $309
The amount paid by Fred monthly:
= 20% x 386.25 = $77.25
Hence, the correct choice is $77.25 (option b)
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Would you consider VFITX to be a good investment choice? why or why not.
A moderate and sustainable amount of current income is the goal of the investment. The fund makes at least 80% of its investment in U.S. Treasury securities, which include Treasury bills, bonds, and notes.
What are Treasury bills?Having a maturity of one year or less, a Treasury Bill (T-Bill) is a short-term obligation of the United States government backed by the Treasury Department.
Typically, $1,000 bills are available for purchase from the Treasury. However, some can place non-competitive bids up to a maximum denomination of $5 million. These securities are frequently viewed as safe and low-risk investment options.
T-Bills are sold by the Treasury Department in auctions that feature both competitive and non-competitive bidding. The price of a noncompetitive bid, sometimes referred to as a noncompetitive tender, is determined by averaging all the competitive offers that were received.
The tangible net worth of T-Bills is typically very high. T-bills are issued by the U.S. government to pay for a range of public works initiatives, including the building of roads and schools.
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As a manager, when faced with ethical crises you should .
A. take the initiative to address the problem.
B. focus on issues most relevant to stockholders
C. wait for the other party to make the first move.
D. cover up as much as possible.
A. As a manager, when faced with ethical crises you should take the initiative to address the problem.
What is a crisis of ethics?An ethics crisis involves more than simply one or two improper behaviors; it involves who your organization is as a whole. But you can reduce the harm they do. It is one in which a company is found to have broken the law due to a lack of ethics.
Whether it's the BP oil disaster or the GM ignition switch, many problems that start out as business crises end up becoming ethics crises. This shift is frequently brought on by a refusal to take accountability for bad behavior.
This unwillingness will be viewed by the public as a symptom of unethical behavior. Most businesses eventually realize that rejecting their duty won't let them off the hook. But by that time, they have lost their credibility.
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What are the three types of trade barriers used by governments?
Governments deploy three different sorts of trade barriers: tariffs, non-tariffs, and quotas.
An organized community is governed by a system or collection of people known as a government, which is typically a state.
Government typically consists of the legislative, the executive branch, and the judiciary, according to its broad associative meaning. Government is both a tool for deciding policy and a way to implement organizational policies. A statement of the government's guiding principles and philosophy is known as a constitution in many nations.
Although all organizations have a governance structure, the term "government" is frequently used to refer more precisely to the roughly 200 autonomous national governments and subsidiary organizations.
Democracies, monarchies, and authoritarian and totalitarian regimes are the main categories of political structures in the contemporary age.
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How much is overdraft fee?
An overdraft fee is a charge that is incurred when you attempt to make a purchase with your checking account but do not have enough funds in your account to cover the amount.
The fee is typically a flat rate, though it can vary depending on your bank or financial institution. It is important to understand the overdraft fee policies at your bank in order to avoid any unnecessary fees or penalties.
An overdraft fee is what a bank charges you any time you withdraw more money from your account than what you have in it. When someone's account is overdrawn, the bank temporarily lends money to cover the total expense.
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Which economic system is the best traditional command market or mixed?
The mixing system is standard worldwide. Mixed systems are said to combine the best qualities of market and leadership systems.
What is a mixed system?
The mixed economic order is an economic order that combines elements of the market economy and those of the planned economy. It is a synthesis of socialism and capitalism, encompassing both private and public enterprises.
Most modern economies implement a mixed economic system. A mixed economic system offers the advantages of free markets and state intervention. But there are also concerns about the sustainability and efficiency of the mixed economy.
A mixed economy has characteristics of both a market economy and a planned economy. In a market economy, private companies are free to set up businesses and make profits. Markets (demand and supply) determine the prices of goods and services and the allocation of resources.
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What higher-order function takes a list of values and repeatedly applies a function to accumulate a single data value
Reducing is a higher-order function takes a list of values and repeatedly applies a function to accumulate a single data value.
What is data value?The material that makes up a record's space is known as a data value. For instance, a database may have a number that denotes the weight of a certain number in one of its fields, which is one of the database's multiple data fields. Data are obviously information that a person would interpret as numbers, such as statistics, phone numbers, or inventory counts. The simplest method to gauge the worth of data is to simply compare it to how it affects the bottom line. Usually, the inherent risk level of data can be used to determine its value: higher risk = more value.
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What is point source pollution What is nonpoint source pollution What are examples of each?
Point source pollution refers to an identifiable source of air, water, land, thermal, light or sound whereas Non point source pollution refer to diffuse contamination or pollution of air or water that does not arise from a single discrete source.
Point source pollution has a negligible extent which distinguishes it from other forms of pollution. The sources are called point sources as they can be approximated to a mathematical value and thereby simplify analysis. For example :radio emissions from electric device, noise pollution from jet engine ,water pollution from factories etc. Non point source pollution has a cumulative effect of comparatively small amount in a gathered area. It results from land runoff, precipitation, drainage etc. Non point source pollution is difficult to control as it results from common day to day activities of humans. To control this type of pollution, there has to be an improvement in the management of urban and suburban areas, agricultural operations etc. Examples of non point source pollution include runoff from agriculture and pasture ,atmospheric deposition over water surface ,etc
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Which is better long-term or short-term goals?
What is political ideology and give example?
An ideology is a collection of ideas typically, each ideology contains certain ideas about what it considers to be the best form of government and the best economic system for example,capitalism or socialism.
An ideology is a set of beliefs or philosophies attributed to a person or group of people, especially those held for reasons that are not purely epistemic,in which the practical elements are as prominent as the theoretical ones.Formerly applied primarily to economic,political,or religious theories and policies, some examples of ideologies include liberalism,conservatism, socialism, communism,theocracy,agrarianism, totalitarianism,democracy,colonialism,and globalism. It was the prevailing ideology of the government.You understand the ideology of trading strategies and you know how to plan and execute them very successfully.The ideology of reincarnation is that of second chances, soul purpose, and soul progression politic ideology the basic set of beliefs or opinions about power, political values,and the role of government.It tends to arise from economic,educational,and social conditions or experiences,major Ideologies in America Today,liberalism.
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Why competitive advantage plays an important role within international context?
According to the theory of comparative advantage, a country has an edge over other countries when it comes to having access to cheap land, resources, labour, and capital.
Countries can benefit from their comparative advantage by engaging in international trade. Participating in international trade enables nations to make use of their abundant and specialized resources to produce goods and services that are exported to other countries. The market will now offer a wider range of products and services, which is advantageous.
International trade also expands market potential abroad while escalating competition at home. Global competition forces businesses to innovate and make better use of their resources.
Consumers are exposed to a diverse selection of goods and services thanks to international trade.
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What are excellent interpersonal skills?
Communication on both a verbal and nonverbal level, the capacity to manage conflict, teamwork, empathy, listening, and a positive outlook are all examples of interpersonal skills. Success in work depends on a person's ability to be adaptable and upbeat, listen, and communicate effectively.
We all have characteristics of each of the four interpersonal styles, though. These people are the Director, Expressive, Relator, and Thinker.Interpersonal abilities are essential to establishing and maintaining lasting personal connections at work.As a result, those who possess good interpersonal communication skills are better able to create enduring relationships with their coworkers and work as a team. The three basic requirements for interpersonal relationships are inclusion, control, and affection. The need for people to be acknowledged as participants are the need for inclusion in interpersonal interactions.To know more about interpersonal skills here
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What price point does marginal cost equal marginal revenue for a firm in a competitive market?
The price point at which marginal cost equals marginal revenue for a firm in a competitive market is the point where the firm's marginal cost curve crosses its marginal revenue curve.
This point is also known as the "profit-maximizing" or "equilibrium" point, as it is the point at which the firm is able to generate the greatest profit. At this point, the firm is producing the quantity of output at which the additional revenue from the next unit sold just equals the additional cost of producing that unit.
However, it's important to note that in a perfectly competitive market, the firm's price will be determined by the market and the firm will not have any control over it. Therefore, the firm can only adjust its output level to maximize profit.
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What are two arguments in support of Friedman's assertion?
Friedman presents two major sets of justifications for his viewpoint. The first is a collection of deontological justifications for fiduciary obligations and against CSR (CSR).
A utilitarian or broadly consequentialist defense of corporate CSR is made in the second line of argumentation. Friedman asserted that "Greed is Good" and that businesses should prioritize increasing shareholder value.
Of course, shareholders were free to invest their funds in any causes they choose, but according to Friedman, businesses should concentrate their own efforts on maximizing shareholder value. American economist Milton Friedman supported free-market capitalism. Monetarism, an active monetary policy in which governments regulate the amount of money in circulation, was founded by him.
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the death protection component of universal life insurance is always
The death protection component of the universal life insurance is always annual.
What is a life insurance?A contract between an insurance policy holder and an insurer or assurer states that in the case that the insured person passes away, the insurer or assurer will pay a designated beneficiary a certain sum of money. Additional occurrences like a serious illness or terminal disease could result in payment depending on the contract. The conditions of each life insurance plan, which are legally binding agreements, specify the exclusions that apply to the insured events. The insurer's obligation is frequently limited by explicit exclusions laid forth in the contract; popular examples include claims involving sui-cide, fraud, war, riot, and civil unrest. The asset-management industry and modern life insurance have some similarities, and life insurers have widened their product offerings to include retirement products like annuities.
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What is interpersonal skills for kids?
Early childhood development is reliant on interpersonal interactions, and these interactions have an effect that goes beyond the early child's life, influencing future learning and development at the cognitive, linguistic, socioemotional, and physical levels.
The care provided will support the child's best growth pathways, promoting their future participation in society and optimal functioning. Caregivers who are conscientious and recognize the importance of their contacts with the kid in the early years of life.
According to Bronfenbrenner and Evans, children learn and develop as a result of their interactions with their surroundings. Also widely known and supported by the results of epigenetic studies is the impact of early experiences on the structure and operation of the brain.
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What will Producers do if the supply of a good is inelastic?
If a good's supply is inelastic, manufacturers won't significantly alter their output even if the market price doubles.
The correlation between price and quantity variations is known as price elasticity of supply. It gauges how price variations impact the amount given. Producers can expand output when the pool is elastic without a significant change in the price or cost.
When a good's price changes, its inelastic quantity remains constant. An item or service is regarded as inelastic when its price varies but the quantity requested of it does not considerably change.
An inelastic demand or supply curve will result in a lesser percentage change in quantity sought or supplied for a given change in price. According to unitary elasticity, the amount sought or supplied changes by the same percentage for every change in price.
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What is the effective annual interest rate if the nominal interest rate is 6% compounded monthly?
Effective annual interest rate if the nominal interest rate is 6% compounded monthly will be 6.1678%
The effective annual interest is given by EAR = ((1+i/n)^n) - 1
where i is the nominal interest rate 6%, and n is the number of compounding periods 12
i/n 0.005
(1+i/n) 1.005
(1+i/n)^n 1.061678
((1+i/n)^n) -1) 6.1678%
The effective annual interest rate = 6.1678%
Stated interest rate and nominal interest rate are the same things. The compounding periods are not taken into account and this interest is calculated using simple interest. The effective interest rate is the one that accommodates the periods of compounding during a payment schedule.
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What is the purpose of establishing economic sanctions?
Economic sanctions are intended to cause economic hardship for the citizens of the foreign country, which will encourage them to put pressure on the government to alter its political policies.
Explain the term economic sanctions and its purposes?Trade and financial restrictions imposed on a foreign nation are known as economic sanctions.
Economic sanctions are punishments imposed on a nation, its officials, or private individuals as retaliation or as a means of supplying disincentives for the targeted policies and actions.Economic sanctions can include asset seizures, trade embargos, export restrictions, and travel bans. Such sanctions, by definition, apply to parties who are difficult for the sanctioning jurisdiction to enforce the law against.For punishing or preventing objectionable actions, economic sanctions offer a policy tool other than military force. They have a broad range of applications outside the borders of the sanctioning nation and can be expensive for their targets given the growing economic and trade interdependence of the world.Economic sanctions can also be a crude and ineffective tool for policymaking, placing disproportionate costs on the most vulnerable members of the targeted governments' populations while imposing insufficient costs on them.To know more about the economic sanctions, here
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What is insurance in simple terms?
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses.
In order to protect against financial loss, a party promises to compensate another party for a fee in the event of a certain loss, damage, or injury. It is generally used as a risk management method to guard against the possibility of a loss. A company that sells insurance is known by various names, including insurer, insurance firm, insurance carrier, and underwriter. The policyholder agrees to pay the insurer in the insurance transaction in exchange for the insurer's promise to cover any shortfall in the event of a guaranteed, known, and relatively insignificant loss. A person or thing that the insurance policy covers is referred to as an insured, whereas a person or business that obtains insurance is referred to as a policyholder.
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What is equilibrium of demand and supply?
Equilibrium of demand and supply refers to the point at which the quantity of a good or service that consumers are willing to purchase (demand) is equal to the quantity that producers are willing to sell (supply).
At this point of market equilibrium, the market price is stable and there is no surplus or shortage. If the price is too high, there will be a surplus of goods as producers will be producing more than consumers are willing to buy. If the price is too low, there will be a shortage of goods as consumers are willing to buy more than producers are willing to sell. The law of supply and demand states that, in a competitive market, price and quantity will adjust to reach equilibrium, and the market will be stable. In the short run, prices and quantities may fluctuate, but over the long run, the market will return to equilibrium.
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Why did so many banks fail so quickly during the Great Depression?
The Great Depression was caused by a variety of economic factors, including a decrease in consumer confidence, over-speculation in the stock market, and an increase in the supply of money relative to the amount of goods and services.
Many banks failed during the Great Depression because when people lost confidence in the economy, they started withdrawing their savings. This caused a drop in the bank's reserves, which made it difficult for them to pay out the money they owed their depositors. As depositors continued to pull out their funds, more banks went bankrupt as they were unable to cover their obligations. This created a domino effect, leading to thousands of failed banks throughout the country.
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DLW Corporation acquired and placed in service the following assets during the year:
Asset Date Acquired Cost
Basis
Computer equipment 2/17 $ 10,000
Furniture 5/12 17,000
Commercial building 11/1 270,000 Assuming DLW does not elect §179 expensing or bonus depreciation, answer the following questions: (Use MACRS Table 1, Table 2, Table 3, Table 4 and Table 5.) (Round your answers to the nearest whole dollar amount.)
a.
What is DLW's year 1 cost recovery for each asset?
b.
What is DLW's year 3 cost recovery for each asset if DLW sells all of these assets on 1/23 of year 3?
The cost recovery for Computer equipment: $2,400; Furniture: $3,840; Commercial Building: $90,000.
For the computer equipment, since it was placed in service in February of the year, the recovery period is 5 years. The year 1 cost recovery is calculated using the MACRS Table 1 for a 5-year property.
The Year 1 cost recovery is 40% of 10,000, which is $4,000. The Year 3 cost recovery is calculated using the MACRS Table 1 for a 5-year property. The Year 3 cost recovery is 20% of 10,000, which is $2,400.
For the furniture, since it was placed in service in May of the year, the recovery period is 7 years. The year 1 cost recovery is calculated using the MACRS Table 2 for 7-year property.
The Year 1 cost recovery is 25.7% of 17,000, which is $4,425. The Year 3 cost recovery is calculated using the MACRS Table 2 for a 7-year property. The Year 3 cost recovery is 10.7% of 17,000, which is $3,840.
For the commercial building, since it was placed in service in November of the year, the recovery period is 39 years. The year 1 cost recovery is calculated using the MACRS Table 3 for a 39-year property.
The Year 1 cost recovery is 2.56% of 270,000, which is $6,912. The Year 3 cost recovery is calculated using the MACRS Table 3 for a 39-year property. The Year 3 cost recovery is 9.99% of 270,000, which is $90,000.
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The jeffer's company has a debt ratio (total debt to total assets) of 0. 365. If their total assets are $739,000, what is their total debt?.
The value of total assets exists $ 20,24,657.534246575.
What is meant by Total debt ratio?A decimal or percentage expression of the ratio of total debt to total assets is referred to as the debt ratio. You might think of it as the percentage of a company's assets that are financed by debt.
By dividing your total monthly debt payments by your gross monthly income, you may calculate your debt-to-income ratio (DTI). The ability to manage the monthly payments necessary to repay the money you intend to borrow is one method lenders assess your capability.
Given:
Total debt ratio (total debt to total assets) = 0.365
Total debt = $739,000
Let the equation be
Total debt ratio [tex]$=\frac{\text { Total debt }}{\text { Total assets }}$[/tex]
On substituting the given values, we get
[tex]$0.365=\frac{739,000}{\text { Total assets }}$$[/tex]
Total assets [tex]$=\frac{739,000}{0.365}$[/tex]
Total assets = 20,24,657.534246575
Therefore, the value of total assets is $ 20,24,657.534246575.
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What is the main objective of marketing management?
To enhance product sales, attracting new consumers is a key goal of marketing management.
enhance sales. Increase brand recognition. increase market share Introduce fresh goods or services. Marketing managers are in charge of creating, planning, and carrying out strategic marketing strategies for the entire company (or for individual business units and brands within a company) in order to draw in new clients and keep hold of current ones. The four Ps of the marketing mix are product, pricing, promotion, and location. These are the main components of introducing a good or service to the general public. These seven components are people, product, pricing, marketing, venue, packaging, and positioning. You must regularly review these seven Ps to ensure that you're on track and getting the best outcomes possible in the market today since goods, markets, consumers, and demands change quickly.
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What are the 5 commodity classes?
Plastics in Group A, B, and C and Commodity Classification I-IV. Items that are not flammable and won't burn on their own are classified as Class I products.
Products that could come in combustible packaging are classified as class II commodities. Different kinds of timber crates and boxes are included in combustible packaging. The paperboard of whatever thickness would also fall into this kind of packing. This classification denotes a slightly increased danger of a fire due to the packing, even though the packaging may not always contain flammable components.
Products made of wood or other natural fibers, such as paper, are included in Class III. If it belongs to the Group C class of polymers, it will likewise be categorized at this level. If it is a Class III, it should contain no more than 5% by weight or volume of plastics that are classified in Group A or Group B.
The numerous goods from the first three classes that are stored in corrugated packaging and contain Group A polymers are included in Class IV. Any plastics that have been awarded a Group A plastic and are part of the products from the preceding three classes will also be given a Class IV designation.
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