You are provided with the following information on Heaven Resort Inn: Beginning inventory Purchases Ending inventory Employee meals $53,000 $29,000 $60,000 $1,500 Transfer to Food & Beverage Department $2,500 Based on this table, the cost of goods available for sale is equal to $82,000. a. True. b. False.
Q: Compare whether flexible adaptive leadership is as important today as it was when first proposed…
A: Flexible adaptive leadership is a leadership style that emphasizes the ability to adapt to changing…
Q: Which of the following grading practices are considered to be inaccurate, ineffective, and/or…
A: All of the listed practices are considered harmful because they detract from fair and accurate…
Q: do fast i will 50 upvotes
A:
Q: Can you guys help me on this? Thank you! Question: Assume you will become a consultant in the…
A: If you need an answer to the question, here's my example response.If I were to become a consultant…
Q: Piet, a truck driver, is transporting an abnormally heavy load on a busy city motorway. He hears a…
A: The scenario related to Piet, the truck driving force, and Simpiwe, the radio controller,…
Q: I need do fast typing clear urjent no chatgpt used i will give 5 upvotes pls full explain with…
A: We are basically given a situation in the loanable funds market where the government reduces the…
Q: Question 4: You have $1,000,000 to invest in a portfolio which will have the same risk as the market…
A: Step 1: Calculate the weights for Stock A and Stock BThe weight of an asset in the portfolio is its…
Q: Create a BIG 4 LIST with #Diversity, #Leadership, #Obstacle, #Tech. Context: I am a Business…
A: The BIG 4 LIST is a tool used to identify and categorize key aspects of a particular subject or…
Q: Company: Blue Cross Blue Shield Leadership style:Trait Theory, Behavioral Theory & Contingency…
A: In a brief explanation of above answer, Blue Cross Blue Shield can benefit from three key leadership…
Q: Please check/correct our EFE, and explain it. The company that were making stratma paper is Nesle
A:
Q: Please compute the Quantitative Strategic Planning Matrix (QSPM). And give explanation from the…
A: QSPM Strength Calculations - Detailed BreakdownFormula: Weight × Attractiveness Score (AS) = Total…
Q: derive the expression step by step for cycle thermal efficiency of gas turbine in terms of turbine…
A: Detailed explanation:
Q: Explain why it is important for a leader to encourage commitment to task objectives and strategies.
A: A leader plays a crucial role in any organization. They are responsible for setting the vision,…
Q: Bounce Fitness could use networking to achieve its business objectives by focusing on two main…
A: Given the objectives of Bounce Fitness, the first step is to identify potential networking…
Q: 10:57 AUTO © ¬¬ * ▼ 104 45% COALS ACTION Jocelyn H Emmons Yesterday Topic for today: Small firms and…
A: Small businesses and large businesses differ primarily in terms of their size and scope. Small…
Q: In relation to the post office, define the term 'stakeholders' and identify at least five…
A: Definition of Stakeholders: In the context of the post office, stakeholders are individuals, groups,…
Q: "The following three phrases are identical in Total Quality Management (TQM): The quality at the…
A: **Reasons for Agreement** 1. **Quality at the Source**: TQM emphasizes that every individual…
Q: Answer the questions
A: Hope this helps
Q: 1. What are the different examples of channel members? Define them thoroughly and provide a real…
A: Channel members, also known as intermediaries or distribution intermediaries, are entities that help…
Q: Discuss at least four methods of recruiting externally
A: One of the most common methods of external recruitment is through job advertisements. These can be…
Q: Paul Atreides wants to save money to meet three objectives. First, he would like to be able to…
A: tep 1: Convert both EARs to Nominal Annual RatesWe are given two EARs (Effective Annual…
Q: Why is it important for corporate leaders to embrace sustainability?
A: I explained why it is important for corporate leaders to embrace sustainability by highlighting its…
Q: do fast image only use tools not papper
A: Detailed answer
Q: A project scope definition document for a Reusable Water Bottle. A scope statement is a document…
A: Reusable Water Bottle Project Scope Statement Project InformationThe main goal of this project is to…
Q: Please original work Background info: You and Emma have already spent a good deal of time focusing…
A: CM Tech's Budgeting Process Faces the Following Key Problems:During the process of budgeting, CM…
Q: What strategies can organizations implement to promote leaders who are openly self-critical and…
A: --- **1. Build a Culture of Psychological Safety**To promote leaders who are self-critical and…
Q: For this case, assume that your position is that of a consultant to the CEO. Your goal is to focus…
A: Amazon's strategic issue is maintaining its global leadership in the face of increasing competition…
Q: QUESTION 2 (20 Marks) To solve performance issues, Alphabet's human resource management uses…
A: Assessment of Google's Performance Management PracticesGoogle, as a subsidiary of Alphabet, is…
Q: Digby has a ROE of 0.20 (ROE = Net income/equity). That means: Select : 1 Digby earns $0.20…
A: Return on Equity (ROE) is a measure of financial performance calculated by dividing net income by…
Q: READ THE ARTICLE BELOW AND ANSWER THE QUESTIONS THAT FOLLOW: Nestlé is providing affordable…
A: Detailed explanation:Understanding Customer Focus in TQM Customer Focus is one of the main…
Q: Workplace communication is limited to the provision of data only Question 19Select one: True False
A: Workplace communication is not just about the exchange of data. It is a broader concept that…
Q: True or False. 1. Coercive power stems from the capacity to produce fear in others. 2. Some…
A: 1. True - Coercive power does stem from the capacity to produce fear in others. 2. True - Some…
Q: do fast
A: Step 1:Step 2:
Q: Discuss how technology and infrastructure can impede cross cultural business communication at…
A: How Technology and Infrastructure Can Impede Cross-Cultural Business Communication at…
Q: 7. What is followership? A. Following a leader. B. A process whereby individuals defer their power…
A: **Explanation:** Followership is not just about blindly following a leader but involves a…
Q: Would you Kindly answer these questions in detail? Thank you What is the relationship between TPS…
A: Approach to Solving the QuestionTo approach the question, the key is to clearly understand each…
Q: Explain how Apple without a manufacturing plant made great profits margins amid fearscompetition in…
A: Approach to solving the question: Detailed explanation: Examples: Key references:
Q: 08:42 JUL24-OSA-FINAL-QUESTION-... ଚ SECTION A Read the article below and answer ALL questions in…
A: Training Needs Analysis and Its Impact on Organizational EffectivenessTraining Needs Analysis (TNA)…
Q: Describe why there are so many definitions of leadership.
A: Leadership is a complex and multifaceted concept, which is why it has been defined in many different…
Q: Why is base pay based off job role, market rates, and internal pay structures? Why Commissions based…
A: I explained why base pay is based on job role, market rates, and internal pay structures, as these…
Q: do fast
A: Approach to solving the question:1. Identify the Marginal Utility per Dollar for Each Good: For both…
Q: 50,000 The following chart shows the historical spot buy price graph of nickel on the London Metal…
A: Summary.In order to negotiate a reasonable price for nickel cathodes, Nick needs to take advantage…
Q: Strategic management Elaborate on the function of management in the profitability of a an enterprise…
A: **1. Planning: Setting Strategic Direction****Definition**: Planning involves defining…
Q: Web Circuits is a Malaysian-based bespoke producer of high-technology products. Senior management…
A: 1. **Risk Mitigation**: Starting with a single department limits the risks associated with…
Q: How do we define CSFs, and how do we set up the metrics to measure them?
A: CSFs, or Critical Success Factors, are the essential areas of activity that must be performed well…
Q: Creating an effective Organizational Structure As a global company recognized worldwide, Coca Cola…
A: The divisional structure of Coca Cola is geographically organized, with each major region—such as…
Q: Methodology for public sector human resource management practice evaluation
A: The first step in evaluating public sector human resource management practices is to define the…
Q: Should universities pay student-athletes? Should student-athletes be considered employees of the…
A: Approach to solving the question: reading and explanation Detailed explanation: In the debate over…
Q: Interview a sole trader within your community. Find out about the rewards that this individual…
A: In conclusion, while the rewards of being a sole trader—such as independence, control, and personal…
Q: Data is the new oil. Data drives fact-based decisions. As a manager, you are going to rely on data…
A: 1. Why Data Can Be InaccurateData inaccuracies often stem from a combination of human error, system…
Please answer this general accounting problem
Step by step
Solved in 2 steps
- Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. Is Ben Gibson acting legally? Is he acting ethically? Why or why not?Scenario 3 Ben Gibson, the purchasing manager at Coastal Products, was reviewing purchasing expenditures for packaging materials with Jeff Joyner. Ben was particularly disturbed about the amount spent on corrugated boxes purchased from Southeastern Corrugated. Ben said, I dont like the salesman from that company. He comes around here acting like he owns the place. He loves to tell us about his fancy car, house, and vacations. It seems to me he must be making too much money off of us! Jeff responded that he heard Southeastern Corrugated was going to ask for a price increase to cover the rising costs of raw material paper stock. Jeff further stated that Southeastern would probably ask for more than what was justified simply from rising paper stock costs. After the meeting, Ben decided he had heard enough. After all, he prided himself on being a results-oriented manager. There was no way he was going to allow that salesman to keep taking advantage of Coastal Products. Ben called Jeff and told him it was time to rebid the corrugated contract before Southeastern came in with a price increase request. Who did Jeff know that might be interested in the business? Jeff replied he had several companies in mind to include in the bidding process. These companies would surely come in at a lower price, partly because they used lower-grade boxes that would probably work well enough in Coastal Products process. Jeff also explained that these suppliers were not serious contenders for the business. Their purpose was to create competition with the bids. Ben told Jeff to make sure that Southeastern was well aware that these new suppliers were bidding on the contract. He also said to make sure the suppliers knew that price was going to be the determining factor in this quote, because he considered corrugated boxes to be a standard industry item. As the Marketing Manager for Southeastern Corrugated, what would you do upon receiving the request for quotation from Coastal Products?The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.
- Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What does the Institute of Supply Management code of ethics say about financial conflicts of interest?Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. Ethical decisions that affect a buyers ethical perspective usually involve the organizational environment, cultural environment, personal environment, and industry environment. Analyze this scenario using these four variables.Scenario 4 Sharon Gillespie, a new buyer at Visionex, Inc., was reviewing quotations for a tooling contract submitted by four suppliers. She was evaluating the quotes based on price, target quality levels, and delivery lead time promises. As she was working, her manager, Dave Cox, entered her office. He asked how everything was progressing and if she needed any help. She mentioned she was reviewing quotations from suppliers for a tooling contract. Dave asked who the interested suppliers were and if she had made a decision. Sharon indicated that one supplier, Apex, appeared to fit exactly the requirements Visionex had specified in the proposal. Dave told her to keep up the good work. Later that day Dave again visited Sharons office. He stated that he had done some research on the suppliers and felt that another supplier, Micron, appeared to have the best track record with Visionex. He pointed out that Sharons first choice was a new supplier to Visionex and there was some risk involved with that choice. Dave indicated that it would please him greatly if she selected Micron for the contract. The next day Sharon was having lunch with another buyer, Mark Smith. She mentioned the conversation with Dave and said she honestly felt that Apex was the best choice. When Mark asked Sharon who Dave preferred, she answered, Micron. At that point Mark rolled his eyes and shook his head. Sharon asked what the body language was all about. Mark replied, Look, I know youre new but you should know this. I heard last week that Daves brother-in-law is a new part owner of Micron. I was wondering how soon it would be before he started steering business to that company. He is not the straightest character. Sharon was shocked. After a few moments, she announced that her original choice was still the best selection. At that point Mark reminded Sharon that she was replacing a terminated buyer who did not go along with one of Daves previous preferred suppliers. What should Sharon do in this situation?
