Mr. Blah and Mrs. Bleh, are friends and they met at university when they were studying Business Law at University. They share a passion for virtual reality and virtual games. After completing their studies, they decided to start up a new business based on Mr. Blah's idea regarding a virtual reality without glasses. Mr. Blah's idea consists of a very powerful projector with a lot of speakers of different sizes and overall software that changes the video and the involving sound taking into account upon user's viewing. There is also a very incipient augmented virtual reality.
Mrs. Bleh, jointly with Mr. Blah, raised the necessary fund for kicking off the project. Mrs. Bleh's family and friends let her 100.000 euro meanwhile, Mr. Blah's family and friends let him 20.000 euro.
The first prototype had a cost of 110.000 euros and it took nearly 1 year of working. During this first year, Mrs. Bleh and Mr. Bla did not have a salary and they have been involved in this project, with other classmates, to whom they paid occasionally. Most of the funds have been applied to pay components and software developers.
Mrs. Bleh has contacted a Japanese company which is very interested to buy the new projector. The Japanese company's director has come to Barcelona to have his own experience with the prototype and finally, he has ordered 6 projectors.
Fact2
Mrs. Bleh's father recommended founding a new company and at the same time agreed on the delivery of another 6 projectors, this time the customer is a French company. To run the new job and update the software, they need 200,000 euros, but they can no longer squeeze their family and friends. Ms. Bleh has met two adventure capital funds that have informed Ms. Bleh of their interest in investing in their company but have asked her for a profit and loss forecast, at least for the next 2 years. She sent them the following predictions:
Fact 3
Mrs. Bleh and Mr. Blah had a sharp argument over how the project should be carried out at this stage. This argument ended with Mr. Blah slamming the door and starting a similar project on his own. On his way out he dragged the software development team with him.
Questions:
1. Can Mr. Blah start a new business using all the background he has learned during his previous experience?
2. Should Mr. Blah demand compensation?
3. Should Mr Blah ask Ms Bleh to buy his shares? In other words, is Ms. Bleh obligated to buy Mr. Blah's shares?

Answers

Answer 1

Mr. Blah can start a new business using all the background he has learned during his previous experience. As an individual, Mr. Blah is not restricted from using the knowledge and expertise that he has gained from his previous experience in a new business venture.

The only restriction is that Mr. Blah should not use any intellectual property or confidential information from the previous venture, as this belongs to the company that he was a part of. Whether or not Mr. Blah should demand compensation would depend on the specific circumstances of the situation. If Mr. Blah was a shareholder or employee of the company, he may be entitled to compensation.

However, if he was not a shareholder or employee, he would not be entitled to any compensation.  Ms. Bleh is not obligated to buy Mr. Blah's shares. The shares are owned by Mr. Blah, and he is free to sell them to whomever he chooses. If Mr. Blah wants to sell his shares to Ms. Bleh, he can make an offer, but Ms. Bleh is not obligated to accept it.r. Blah and Mrs. Bleh, are friends and they met at university when they were studying Business Law at University. They share a passion for virtual reality and virtual games. After completing their studies, they decided to start up a new business based on Mr. Blah's idea regarding a virtual reality without glasses. Mr. Blah's idea consists of a very powerful projector with a lot of speakers of different sizes and overall software that changes the video and the involving sound taking into account upon user's viewing. There is also a very incipient augmented virtual reality.Mrs. Bleh, jointly with Mr. Blah, raised the necessary fund for kicking off the project. Mrs. Bleh's family and friends let her 100.000 euro meanwhile, Mr. Blah's family and friends let him 20.000 euro.The first prototype had a cost of 110.000 euros and it took nearly 1 year of working. During this first year, Mrs. Bleh and Mr. Bla did not have a salary and they have been involved in this project, with other classmates, to whom they paid occasionally. Most of the funds have been applied to pay components and software developers.

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Related Questions

Question 22 Which of the following is not a characteristic of adjusting entries? Allow for proper application of the revenue recognition principle (revenues) or the matching principle (expenses). Are recorded at the end of the accounting period. Are part of accrual-basis accounting Debits or credits the Cash account.

Answers

The term that is not a characteristic of adjusting entries is "Debits or credits the Cash account."

When preparing financial statements, adjusting entries are made in order to update certain accounts. The following are some of the key characteristics of adjusting entries: Allow for proper application of the revenue recognition principle (revenues) or the matching principle (expenses).

Are recorded at the end of the accounting period. Are part of accrual-basis accounting Debits or credits the Cash account - This is not a characteristic of adjusting entries. Adjusting entries will never have a Cash account affected by either a debit or a credit; instead, they will have an income statement account and a balance sheet account.

The entries made in accounting journals by firms at the end of an accounting period are known as adjusting entries. These entries are made in order to bring balance sheet accounts and income statement accounts up to date for the period ending date, and they ensure that the income statement and balance sheet accounts are accurate. This ensures that the financial statements depict the correct financial situation of the firm.

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The Rhaegel Corporation's common stock has a beta of 1.2. If the risk-free rate is 4 percent and the expected return on the market is 12 percent, what is the company's cost of equity capital? Multiple Choice
a 14.28% b 12.92% c 18.4% d 14.14% e 13.6%

Answers

The company's cost of equity capital is 13.6%. The correct answer choice is e) 13.6%.

The cost of equity capital can be calculated using the Capital Asset Pricing Model (CAPM), which is given by:

Cost of Equity = Risk-Free Rate + Beta * (Market Return - Risk-Free Rate)

Given the information provided:

Risk-Free Rate = 4%

Beta = 1.2

Market Return = 12%

Plugging in the values into the formula:

Cost of Equity = 4% + 1.2 * (12% - 4%)

Cost of Equity = 4% + 1.2 * 8%

Cost of Equity = 4% + 9.6%

Cost of Equity = 13.6%

Therefore, the company's cost of equity capital is 13.6%. The correct answer choice is e) 13.6%.

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Which statement is true about empowerment?
Question 13 options:
a)
Empowerment is not related to job performance.
b)
Empowerment is a relatively easy concept to implement in the workplace.
c)
The notion of empowerment is appropriate for all employees.
d)
Employees who are nervous about empowerment may also worry about the increased responsibility.

Answers

The statement that is true about empowerment would be d) Employees who are nervous about empowerment may also worry about the increased responsibility.

Why would employees worry about empowerment ?

The concept of empowerment fosters an environment where individuals are enabled to take charge of their work, yet it is imperative to comprehend that the additional responsibilities accompanying empowerment may elicit varying reactions and reservations from employees.

Embracing empowerment can engender unease or worry in certain individuals who may grapple with heightened accountability, prompting them to question their ability to shoulder the newfound responsibilities. It is essential for organizations to navigate these concerns sensitively, recognizing that while empowerment can be a positive endeavor, it necessitates addressing the anxieties and uncertainties of employees.

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The most recent financial statements for Alexander Co. are shown here:
Income Statement Balance Sheet
Sales $ 53,200 Current assets $ 25,000 Long-term debt $ 53,500
Costs 42,600 Fixed assets 96,000 Equity 67,500
Taxable income $ 10,600 Total $ 121,000 Total $ 121,000
Taxes (34%) 3,604
Net income $ 6,996
Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a constant debt–equity ratio.

What is the maximum dollar increase in sales that can be sustained assuming no new equity is issued? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Maximum increase in sales

Answers

Maximum increase in sales that can be sustained assuming no new equity is issued is $98,080.

To determine the maximum increase in sales, we must first evaluate the value of the equity account using the balance sheet. The equity account is currently worth $67,500. Since the company has a 30% payout ratio, dividends equal to 0.3 × 6,996 = $2,098.80 are required.

Therefore, the addition to retained earnings is 6,996 - 2,098.80 = $4,897.20.

Retained earnings will be raised to $67,500 + 4,897.20 = $72,397.20 as a result of this.

The sum of equity and long-term debt is referred to as the capital base. The maximum addition to the capital base is:

Capital base = Equity + Long-term debt = $67,500 + $53,500 = $121,000.

The maximum amount of funds that can be obtained by issuing new debt is the capital base, so the maximum possible increase in assets is $121,000. The current level of assets is $25,000 + $96,000 = $121,000. The firm's expenses and sales are directly proportional.

As a result, the maximum possible increase in sales is:

$121,000/$42,600 = 2.845 = 284.5%

The maximum sales increase is:

$53,200 × 284.5% = $151,280

Since $53,200 is the current sales level, the maximum dollar increase in sales that can be sustained assuming no new equity is issued is:

$151,280 - $53,200 = $98,080

Therefore, the maximum dollar increase in sales that can be sustained is $98,080 (rounded to two decimal places).

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Company sales invoices, census data, and trade association statistics are examples of
- tertiary data. - data mines. - secondary data. - qualitative data. - primary data. When looking to purchase a mobile phone, describe the components that make up the total product. [Select ALL of the answers that apply]. - On-the-go communication via email - The Phor - Warranties - On-the-go communication via internet - Customer Service

Answers

Company sales invoices, census data, and trade association statistics are examples of "secondary data."

Secondary data refers to information that has been collected by someone else for a different purpose.

When looking to purchase a mobile phone, the components that make up the total product include:

- The Phor: This is likely a specific model or brand of mobile phone that you are considering purchasing.

the core physical product itself.

- Warranties: Mobile phones often come with warranties that provide assurances to the buyer regarding repairs or replacements in case of any issues or defects within a specified period.

- Customer Service: This component represents the support and assistance provided by the mobile phone manufacturer or seller to address customer inquiries, technical support, and after-sales services.

These are the components related to the mobile phone product itself. The s "On-the-go communication via email" and "On-the-go communication via internet" are features or capabilities of the mobile phone rather than components that make up the total product.

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(1) Identify the research design of the draft survey that involves a survey data collection method and explain to the client how this research design will be useful for addressing the Research Question.
(2) Make a recommendation to RACV as to which survey mode they should use to distribute the final version of the draft survey (assuming with wording and scale problems fixed). In your response justify your recommendation by outlining three factors that you considered and how each factor influenced your decision of which survey mode to recommend to RACV
(3) Outline for the client 3 possible sources of survey error that may occur in relation to your recommendations in question 2, and how you would recommend that these survey errors be addressed if ran into.

Answers

(1) The research design of the draft survey appears to be a cross-sectional survey design. A cross-sectional survey collects data from a sample of respondents at a specific point in time to gather information about their characteristics, attitudes, behaviors, or opinions.

This design will be useful for addressing the research question as it allows for a snapshot of the respondents' perceptions and experiences related to the topic of interest. By administering the survey to a diverse sample, the researchers can gather data on a wide range of perspectives and make generalizations about the population under study. The survey data collection method allows for efficient data collection from a large number of respondents, providing a breadth of information for analysis. The results from the survey can be used to examine associations, trends, or patterns among variables of interest, thus helping to address the research question in a comprehensive manner.

(2) Recommendation for survey mode:

Considering the assumption that the wording and scale problems have been fixed in the final version of the draft survey, I recommend RACV to use an online survey mode to distribute the survey. Here are three factors that influenced my decision:

a) Cost-effectiveness: Online surveys tend to be more cost-effective compared to other modes such as paper surveys or face-to-face interviews. With an online survey, RACV can reach a large number of respondents at a relatively low cost, saving on printing and distribution expenses.

b) Convenience and accessibility: Online surveys provide convenience and accessibility for respondents. People can easily access and complete the survey from their preferred devices and at their preferred time and location. This increases the likelihood of a higher response rate and reduces the burden on respondents, resulting in more accurate data.

c) Speed and efficiency: Online surveys offer faster data collection and analysis compared to other modes. The data can be automatically recorded and stored, reducing the need for manual data entry and potential errors. This allows RACV to obtain the results more quickly, enabling prompt decision-making and timely action based on the survey findings.

(3) Possible sources of survey error and recommendations to address them:

a) Sampling bias: This occurs when the sample of respondents does not represent the target population accurately. To address this, RACV should carefully select a representative sample that reflects the characteristics of the population of interest. Using appropriate sampling techniques and reaching out to a diverse range of potential respondents can help reduce sampling bias.

b) Non-response bias: Non-response bias occurs when certain types of respondents are more likely to participate in the survey, while others are less likely. To mitigate this, RACV can employ strategies to encourage a higher response rate, such as sending reminders, offering incentives, and ensuring the survey is user-friendly and accessible. Monitoring and comparing the characteristics of respondents and non-respondents can also help identify and adjust for potential biases.

c) Measurement error: Measurement error can arise from issues such as unclear wording, ambiguous response options, or respondent misunderstanding. To minimize measurement error, RACV should conduct a thorough pre-testing of the survey to identify and address any potential problems. Pilot testing the survey with a small sample of respondents can help identify and rectify any issues before administering the final survey to the larger sample. Additionally, providing clear instructions and using standardized measurement scales can enhance the reliability and validity of the survey data.

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Assume Highline Company has just paid an annual dividend of $1.09.
Analysts are predicting an 11.8% per year growth rate in earnings over the next five years. After​ then, Highline's earnings are expected to grow at the current industry average of 5.6% per year. If​ Highline's equity cost of capital is 8.1% per year and its dividend payout ratio remains​ constant, for what price does the​ dividend-discount model predict Highline stock should​ sell?
The value of​ Highline's stock is
​(Round to the nearest​ cent.)

Answers

The dividend-discount model predicts that Highline stock should sell for approximately $17.77. To determine the predicted price of Highline stock using the dividend-discount model, we need to calculate the present value of future dividends.

Given the annual dividend of $1.09, an 11.8% growth rate in earnings over the next five years, and a 5.6% growth rate thereafter, we can calculate the expected dividends for the next five years and the subsequent years. By discounting these dividends at the equity cost of capital of 8.1% per year, we can find the present value of future dividends. Summing up the present values gives us the predicted price of the stock, which is approximately $17.77.

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Which of the following is a major Crown corporation active in the bond market?
A. Farm Consumer Corporation (FCC)
B. Canada Mortgage and Housing Corporation (CMHC)
C. Export Design Corporation (EDC)
D. Fiscal Credit Corporation (FCC)

Answers

The Canada Mortgage and Housing Corporation (CMHC) is a major Crown corporation that is actively involved in the bond market. Option b is correct.

A Crown corporation is a state-owned enterprise that's run by a government for public purposes. Crown corporations are established as legal entities under the legislation of the jurisdiction in which they are formed. Although they are owned by the government, they are expected to operate like private corporations, making money and competing with other businesses.

The Canada Mortgage and Housing Corporation (CMHC) is a federal Crown corporation that provides mortgage loans, mortgage loan insurance, and mortgage-backed securities to Canadian citizens. It also provides funding to affordable housing providers and conducts research on housing and real estate trends in Canada.

The correct option is B.

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Value Gym (VG)

Peter is a qualified fitness instructor. He used to work at a luxury gym in Malaysia. Customers of this luxury gym pay a high monthly membership fee no matter how many times they visit. There are no additional fees. Peter enjoys helping people get fit and lose weight and he enjoys teaching exercise classes. Peter wanted to help more people to get fit or build up their muscles so he decided to set up his own gym. Peter thought there was a demand for low priced gyms that allowed people to pay each time they used it rather than pay a high monthly fee. So he left his job and set up his own gym in a low income part of the city. Peter named his business Value Gym (VG) and opened it three months ago. Peter needed a large bank loan to help him set up his gym as he only had $5 000 of his own money. He is a sole trader. He prepared a business plan to show the bank manager. VG has been very successful and Peter is expecting to make a profit by the end of his first year as an entrepreneur. However, he still wants to attract more customers to the gym. He knows that marketing will be very important if his business is to expand. Peter has estimated that VG will soon need 4 personal trainers to work in the gym. Peter has not decided whether to employ these personal trainers or to allow personal trainers who work for themselves to use VG's facilities for a fee. The gym is open from 0600 until 2200, 7 days a week customers pay for each day they use the gym. In addition customers can pay for a personal trainer if they want individual tuition.

a) Peter wants to hire trainers, discuss the SIX (6) elements involves in the Human Resource Management process of acquiring, deploying and developing people for Value Gym (VG).

b) Briefly explain the THREE (3) key financial statements that Peter needs to do for Value Gym (VG) business.

c) Explain with examples any THREE (3) decision making criteria that Value Gym (VG) business goes through when choosing a location to do business.

d) Peter intend to purchase equipment for Value Gym (VG). Briefly explain the FIVE (5) consumer decision making processes that Peter will undertake to purchase the equipment for Value Gym (VG).

Answers

The three key financial statements that Peter needs to do for Value Gym (VG) business are income statement, balance sheet, and cash flow statement. The income statement will provide Peter with a summary of the company's revenues and expenses during a specific time period, such as a month or a year.

The balance sheet will give Peter an overview of the company's assets, liabilities, and equity at a specific point in time. The cash flow statement will show the inflows and outflows of cash over a particular time period in order to help Peter understand the company's liquidity and ability to meet financial obligations.

Five consumer decision-making processes that Peter will undertake to purchase equipment for Value Gym (VG) include problem recognition, information search, evaluation of alternatives, purchase decision, and post-purchase evaluation.

Peter will first recognize the need to purchase equipment for the gym, and then gather information about the different types of equipment available and their prices.

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select a famous leader. Briefly analyze his/her/their behaviors and explain why you think he/she/they is/are successful or unsuccessful.

Answers

One famous leader who can be analyzed is Mahatma Gandhi. Mahatma Gandhi was a prominent leader of the Indian independence movement against British rule. His behaviors and principles played a significant role in his success as a leader.

One key aspect of Gandhi's leadership was his commitment to non-violence and civil disobedience as a means to achieve political and social change. He emphasized peaceful protests, marches, and boycotts, which garnered widespread support and sympathy from the Indian population and the international community. Gandhi's ability to rally people together under a shared vision of non-violent resistance was instrumental in mobilizing mass movements and achieving significant political outcomes.

Gandhi was also known for his moral and ethical values, which he upheld both in his personal life and in his leadership. He believed in leading by example and living a simple and austere lifestyle. By practicing what he preached, Gandhi gained credibility and trust among his followers. His integrity and authenticity were crucial factors that contributed to his success as a leader.

Furthermore, Gandhi was a masterful communicator. He possessed exceptional oratory skills and had the ability to articulate his ideas and principles effectively. His speeches and writings resonated with people across various social and economic backgrounds, inspiring them to join the struggle for independence. Gandhi's communication skills helped him build a strong rapport with the masses and maintain their unwavering support.

While Mahatma Gandhi achieved significant success as a leader, it is worth noting that he faced challenges and criticisms as well. Some critics argue that his approach of non-violence was impractical in certain situations, and his leadership style faced opposition from factions within the Indian independence movement. However, his unwavering commitment to his principles and his ability to mobilize people through non-violent resistance remain remarkable and have left a lasting impact on the world.

In conclusion, Mahatma Gandhi's success as a leader can be attributed to his steadfast commitment to non-violence, his moral and ethical values, his exceptional communication skills, and his ability to inspire and mobilize people towards a common goal. His leadership style and behaviors continue to be studied and admired by leaders worldwide, making him an influential figure in history.

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One of the more complex concepts in contract law is
consideration. It can best be described as:
Something of legal value.
What is received in a contract.
A signature on a contract.

Answers

One of the more complex concepts in contract law is consideration. It can best be described as Something of legal value.

What is contract law?

A contract is an agreement that outlines specific, legally binding rights and duties that apply to two or more parties that have reached a consensus. The transfer of commodities, services, money, or a promise to transfer any of those at a later time are common components of contracts.

A contract is an agreement between parties that establishes legal duties for both parties. The fundamental components necessary for the agreement to be a valid offer and acceptance, appropriate consideration, capacity.

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(a) Why do most firms produce more than one product? (b) What is the rule for profit maximization for a multiproduct firm? (c) Why would a firm produce a product on which it makes zero profits?
(a) How can a firm determine the best level of output and price for products that are jointly produced in fixed proportions? (b) Under what circumstances would a firm produce a product and then destroy it?

Answers

Most firms produce more than one product for several reasons. First, diversifying product offerings allows firms to cater to different customer segments and capture a larger market share.

By offering a variety of products, firms can meet varying customer needs, preferences, and price points, thus maximizing their revenue potential. Second, producing multiple products can help spread risks associated with market fluctuations, changes in consumer demand, or product-specific risks. This diversification strategy helps firms reduce their overall exposure to any single product or market. Additionally, producing multiple products may also lead to economies of scope, where shared resources, technologies, or expertise can be leveraged across different product lines, leading to cost savings and operational efficiencies. The rule for profit maximization for a multiproduct firm is to allocate resources in a way that maximizes the overall profit across all products. This means determining the optimal combination of output levels and prices for each product to achieve the highest total profit.

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In the Keynesian cross model, assume that the consumption function is given by C = $235 +0.7(Y-T) Planned investment is $50; government purchases and taxes are both $50. c. If government purchases increase to $65, what is the new equilibrium income? What is the multiplier for government purchases? new Y= $ multiplier: C = $235 +0.7(Y-T) Planned investment is $50; government purchases and taxes are both $50. d. What level of government purchases is needed to achieve an income of $1160? Assume taxes remain at $50. G=S e. What level of taxes is needed to achieve an income of $1160? Assume government purchases remain at $50. T-S

Answers

In the Keynesian cross model, aggregate expenditure (AE) is determined by the sum of consumption (C), investment (I), government purchases (G), and net exports (NX). The equilibrium level of income (Y) occurs when AE equals the total output (Y). The consumption function is given by C = $235 + 0.7(Y - T), where T represents taxes.

c. If government purchases increase to $65, we can calculate the new equilibrium income by equating AE to Y and solving for Y. Given that planned investment is $50 and taxes (T) are $50, we have:

AE = C + I + G + NX

AE = ($235 + 0.7(Y - $50)) + $50 + $65 + NX

AE = $235 + 0.7Y - $35 + $50 + $65 + NX

AE = $315 + 0.7Y + NX

At equilibrium, AE = Y, so we can set $315 + 0.7Y + NX = Y and solve for Y:

Y = $315 + 0.7Y + NX - Equation (1)

The multiplier for government purchases can be calculated as the change in equilibrium income divided by the change in government purchases. In this case, the change in government purchases is $65 - $50 = $15, and the change in equilibrium income can be found by substituting the new government purchases value into Equation (1) and solving for Y.

d. To achieve an income of $1160, we need to determine the level of government purchases that will result in that income level. We can set Y = $1160 in Equation (1) and solve for G:

$1160 = $315 + 0.7($1160) + NX

Similarly, to determine the level of taxes needed to achieve an income of $1160 while keeping government purchases at $50, we can set Y = $1160 and solve for T in the consumption function:

$1160 = $235 + 0.7($1160 - T)

Solving these equations will give us the specific levels of government purchases and taxes required to achieve the desired income level.

Note: The calculation of net exports (NX) and the interpretation of the results may vary depending on the specific assumptions and context of the Keynesian cross model.

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A team of 3 software professionals with 15+ years experience in IT services in the domain of BFS (Banking and Financial Services) have decided to leave their corporate job and launch a FinTech startup in the Online Marketplace Lending space. With suitable assumptions clearly stated, a. Explain the functional workflow using a diagram for the online marketplace lending business. b. What are the top 3 technologies they should consider adopting and why? c. What are the 3 key challenges they should consider and recommend solutions to tackle those challenges?

Answers

a. Borrower Application is the starting point, then the system performs a comprehensive credit assessment, then loan applications are reviewed, approved, and priced accordingly. The approved loans are listed on an online platform, allowing investors to browse and select the loans they want to fund. Then the platform handles the ongoing loan servicing activities.

b. Online Platform Infrastructure, Data Analytics and Machine Learning, Application Programming Interfaces (APIs are the top 3 technologies to consider.

c. Key Challenges and Recommended Solutions are Regulatory Compliance, Risk Management, Customer Acquisition and Trust.

a. Functional Workflow Diagram for Online Marketplace Lending:

        +---------------------+

        | Borrower Application |

        +---------------------+

                  |

                  |

                  v

   +-------------------------+

   |   Credit Assessment     |

   +-------------------------+

                  |

                  |

                  v

  +---------------------------+

  | Loan Approval and Pricing |

  +---------------------------+

                  |

                  |

                  v

 +----------------------------+

 |     Investor Platform      |

 +----------------------------+

                  |

                  |

                  v

     +-----------------------+

     |    Loan Servicing     |

     +-----------------------+

Borrower Application: This is the starting point where borrowers apply for loans by providing their information and required documentation.

Credit Assessment: The system performs a comprehensive credit assessment to evaluate the borrower's creditworthiness and determine their risk profile.

Loan Approval and Pricing: Based on the credit assessment, loan applications are reviewed, approved, and priced accordingly. This step involves setting interest rates, loan terms, and any additional fees.

Investor Platform: The approved loans are listed on an online platform, allowing investors to browse and select the loans they want to fund. The platform facilitates the connection between borrowers and investors.

Loan Servicing: Once the loan is funded, the platform handles the ongoing loan servicing activities, including collecting borrower payments, managing repayments, and addressing any customer service inquiries.

b. Top 3 Technologies to Consider:

Online Platform Infrastructure: Implement a robust and scalable online platform infrastructure using cloud computing services like AWS or Azure. This ensures reliability, flexibility, and efficient management of the lending operations.

Data Analytics and Machine Learning: Utilize data analytics and machine learning algorithms to assess creditworthiness, predict default risks, and automate decision-making processes. These technologies help enhance underwriting accuracy and improve overall loan portfolio performance.

Application Programming Interfaces (APIs): Integrate with external systems such as credit bureaus, bank accounts, and payment gateways using APIs. This enables seamless data exchange, identity verification, and secure transaction processing.

c. Key Challenges and Recommended Solutions:

Regulatory Compliance: Online marketplace lending is subject to various financial regulations and compliance requirements. To tackle this challenge, the startup should invest in legal expertise, establish robust compliance processes, and regularly monitor and adapt to changes in regulations.

Risk Management: Mitigating credit risk and maintaining a healthy loan portfolio is crucial. The startup should implement advanced risk management practices, such as thorough credit assessments, diversification of loan portfolios, and continuous monitoring of borrower performance.

Customer Acquisition and Trust: Building trust and attracting borrowers and investors in a competitive market is essential. The startup should focus on building a user-friendly and secure platform, establishing strong partnerships with established financial institutions, and implementing effective marketing strategies to acquire and retain customers. Providing transparent and reliable services will help gain customer trust.

Note: The provided information is based on general industry knowledge and assumptions. It's important for the startup to conduct a detailed analysis and consult with professionals in the relevant fields to tailor the solutions and strategies to their specific needs and market conditions.

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Please make 4 paragraphs as Issue, Rule, Application, and Conclusion. Twenty-two years ago, Lorenz was a wanderer. At that time, he decided to settle down on an unoccupied, three-acre parcel of land that he did not own. People in the area told him that they had no idea who owned the property. Lorenz built a house on the land, got married, and raised three children while living there. He fenced in the land, installed a gate with a sign above it that read "Lorenz's Homestead," and removed trespassers. Lorenz is now confronted by Joe Reese, who has a deed in his name as owner of the property. Reese, claiming ownership of the land, orders Lorenz and his family off the property. Discuss who has the better "title" to the property. (See Transfer of Ownership.)

Answers

The issue is to determine who has the better "title" to the property - Lorenz, who has occupied and improved the land for the past twenty-two years, or Joe Reese, who has a deed in his name as the owner of the property.

Rule: The legal principle of adverse possession may be relevant in this case. Adverse possession allows a person to acquire ownership of land by openly occupying it without the permission of the true owner for a specified period of time, usually several years, and meeting certain conditions such as continuous and exclusive possession.

Application: Lorenz has openly and continuously occupied the land for twenty-two years, building a house, raising a family, and asserting control over the property by fencing it in, installing a gate, and removing trespassers. However, it is important to establish whether Lorenz's possession was hostile, meaning without the permission of the true owner, and whether the statutory period required for adverse possession has been met.

Conclusion: Based on the facts presented, Lorenz may have a valid claim to ownership through adverse possession. His long and uninterrupted occupation of the land, coupled with improvements made and the exclusion of others, may establish his ownership rights. However, further investigation into the nature of Lorenz's occupation and the applicable laws regarding adverse possession in the jurisdiction would be necessary to determine the validity of his claim against Joe Reese's deed.

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A company like Alibaba brings together a series of producers, suppliers, and customers. However, they do not determine the nature of the products that are to be sold on the platforms they offer. As a firm they operate as ? A Network ecosystem as A Network orchestrator A Pipeline Ecosystem A Linear value stream as Both a Network ecosystem and Network orchestrator as Both a Linear value stream and a Network orchestrator as Both a Pipeline ecosystem and a Linear value stream Question 5 1 pts A firm's ability to continually introduce radical new enhancements to their currently, executing business models is called? Base Agility Entrepreneurial Agility Adaptive Agility Strategic Intent

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The company Alibaba brings together a series of producers, suppliers, and customers. However, they do not determine the nature of the products that are to be sold on the platforms they offer.

As a firm, they operate as a Network ecosystem and as a Network orchestrator.An explanation of Alibaba's business modelAlibaba is an example of a network ecosystem business model. It acts as an intermediary between producers and customers by connecting them through its platform. Suppliers can post their products and services on Alibaba's platform, which customers can then buy directly from them.This business model has numerous advantages.

The network model increases the likelihood of matching a supplier with the right customer by creating a more efficient market. It also allows for the exchange of valuable data between parties and fosters the development of new products and services.However, Alibaba also operates as a Network orchestrator, which provides a platform for the exchange of goods and services and establishes a network of producers, suppliers, and customers. It also offers logistical, payment, and marketing support, making it easier for producers to reach customers.The firm's ability to continually introduce radical new enhancements to their currently executing business models is called adaptive agility. Adaptive agility is the ability to be adaptable and quickly respond to unexpected or changing conditions in the business environment, such as market changes, technological advancements, and customer needs.

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What does it mean to "pierce the corporate veil"? Use your own words to describe it. Under what circumstances does the law allow the "corporate veil" to be pierced?
Describe two potentially positive consequences - to society at large - from the rule allowing a court to pierce the corporate veil under certain circumstances. Can you think of any drawbacks to society at large from the rule? What are they?

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Piercing the corporate veil refers to the process by which the legal entity that is a corporation is disregarded. It is a judicial process that removes the protection that comes with operating under the legal entity status of a corporation.

Under this process, the courts treat the corporation's shareholders as individuals, which means that the corporation's assets can be seized to satisfy personal debts of the shareholders. Under the following circumstances, the law allows the corporate veil to be pierced:If the corporation's structure is being used to commit fraud or other illegal activities or if the corporation was undercapitalized. The law also allows the piercing of the corporate veil when the company is operating as a sham. That is, when the company is not conducting any real business. Also, if the corporation is not properly formed or maintained and fails to follow proper legal formalities, then the corporate veil may be pierced.

Two potentially positive consequences of the court piercing the corporate veil under certain circumstances include:

Assurance of accountability: Corporate veil piercing would require the company's shareholders to be held liable for the corporation's actions. By doing so, the law is ensuring that those who own and control corporations cannot escape liability for the actions of the corporation.

Ensuring justice: Corporate veil piercing would also ensure that justice is served to all parties. The law would be able to ensure that all the parties involved are being held accountable for their actions and are not using the corporation as a shield to hide behind their actions.

A potential drawback of piercing the corporate veil to society at large is that this could lead to a reluctance of people to invest in new businesses. People may be hesitant to invest in the company if they feel like they will be held liable for the actions of the company or any of the company's shareholders.

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For which capital component must you make a tax adjustment when calculating WACC?
a. Equity
b. Debt
c. Preferred stock
d. Retained earnings

Answers

When calculating the Weighted Average Cost of Capital (WACC), a tax adjustment needs to be made for the equity component. The correct answer is a. Equity.

WACC is a financial metric that represents the average cost of capital for a company, taking into account the proportional weights of various sources of financing.

The tax adjustment specifically applies to the cost of equity. Unlike interest expenses on debt or preferred stock dividends, which are tax-deductible, the cost of equity does not have a direct tax benefit. As a result, the cost of equity needs to be adjusted to reflect the tax implications.

The tax adjustment is made by multiplying the cost of equity by the complement of the corporate tax rate. This adjustment accounts for the fact that dividends paid to equity investors are not tax-deductible for the company.

By incorporating the tax adjustment, the WACC calculation ensures that the overall cost of capital accurately reflects the tax implications of each capital component and provides a more accurate measure of the company's cost of funding its operations and investments. The correct answer is a.

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Which entities would have the paid in captial in excess account in the equity section of the balance sheet?

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The paid-in capital in excess account is an equity account that keeps track of any extra cash that a company obtains during the stock issuance process.

The account is set up when a business provides additional money by issuing new stock beyond its par value or its initial sale value. Below mentioned are the entities that would have the paid-in capital in excess account in the equity section of the balance sheet:

Corporations: These are businesses that sell stock to the public and raise capital for growth.

Nonprofit organizations: These organizations receive contributions from the public or outside agencies that want to support their mission.

Political organizations: These groups may issue stocks to raise money for political campaigns, for example, for the presidential campaign.

To recapitulate, corporations, nonprofit organizations, and political organizations would have the paid-in capital in excess account in the equity section of the balance sheet. Note that the equity section of the balance sheet refers to that section of the balance sheet that includes the equity accounts that are paid by the company's owners or shareholders.

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Oriole Company makes radios that sell for $40 each. For the coming year, management expects fixed costs to total $225,000 and variable costs to be $24 per unit. (a) Your answer is incorrect. Compute the break-even point in dollars using the contribution margin (CM) ratio Break-even point $

Answers

To compute the break-even point in dollars using the contribution margin (CM) ratio, first calculate the CM ratio.CM ratio represents the proportion of each sales dollar that contributes to covering fixed costs and generating profit.

The CM ratio is calculated as follows: CM ratio = (Selling price per unit - Variable cost per unit) / Selling price per unit

Given:

Selling price per unit = $40

Variable cost per unit = $24

CM ratio = ($40 - $24) / $40

CM ratio = $16 / $40

CM ratio = 0.4 or 40%

To calculate the break-even point in dollars, we can use the formula:

Break-even point in dollars = Fixed costs / CM ratio

Given: Fixed costs = $225,000,CM ratio = 0.4 or 40%

Break-even point in dollars = $225,000 / 0.4

Break-even point in dollars = $562,500

Therefore, the break-even point in dollars using the contribution margin ratio is $562,500.

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Scott Corp. received cash of $20,000 that was included in revenues in its Year One financial statements, of which $12,000 will not be taxable until Year Two. Scott's enacted tax rate is 30% for Year One, and 25% for Year Two. What amount should Scott report in its Year One balance sheet for deferred income tax liability?

a) $3,000

b) $2,000

c) $2,400

d) $3,600

Answers

option C is correct $2,400 . Scott should report $2,400 on its Year One balance sheet for deferred income tax liability.

Deferred income tax liability refers to the income tax a business is liable for but has not yet been paid. The amount should be recorded on the balance sheet as a liability. When the income tax return is filed and the tax paid, the liability is removed from the balance sheet.Scott Corp. received cash of $20,000 that was included in revenues in its Year One financial statements, of which $12,000 will not be taxable until Year Two. Scott's enacted tax rate is 30% for Year One, and 25% for Year Two.Therefore, the amount that Scott should report in its Year One balance sheet for deferred income tax liability is $2,400.The calculation for the above can be explained as follows: Year 1 tax rate

= 30%Taxable income

= $20,000Deferred tax liability for Year 1

= 30% x $12,000

= $3,600Year 2 tax rate

= 25%Deferred tax liability for Year 2

= 25% x $12,000

= $3,000So, the total deferred tax liability is $3,600 + $3,000

= $6,600. However, the deferred tax liability for Year 1 is $3,600, of which only $1,200 is due in Year 1, while the remaining $2,400 will be due in Year 2.Therefore, Scott should report $2,400 on its Year One balance sheet for deferred income tax liability.

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Moving to another question will save this response. Question 3 A technique used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts is called: F

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Project scope and project deliverables are complex and lengthy, which is why they need to be divided and subdivided into smaller, more manageable parts. This process is called decomposition. The technique used for decomposition is called the Work Breakdown Structure (WBS).

The WBS is a tool used by project managers to identify project deliverables and to organize, plan, and control the project. It is used to break down the project scope into smaller, more manageable components. The WBS is a hierarchical decomposition of the project scope and project deliverables into smaller and more manageable parts.

The process of decomposition starts with the project scope statement and ends with the lowest level of work packages. The work packages are the smallest components of the WBS. The WBS is used to identify the work that needs to be done, who is responsible for doing it, and when it needs to be done.

The WBS is an important tool for project management because it provides a clear understanding of the project scope, and it helps to ensure that all of the project deliverables are identified and accounted for. The WBS also helps to define the project schedule and budget, and it helps to identify project risks and dependencies.

Therefore, the technique used for dividing and subdividing the project scope and project deliverables into smaller, more manageable parts is called the Work Breakdown Structure (WBS).

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Describe the strategies to mitigate such risks
1.Customer demand changes
2.Unexpected transit delays
3. Problem at suppliers, which delay critically needed
components
4. Theft, a much larger problem t

Answers

Implement strategies such as diversifying transportation options, maintaining alternative suppliers, using real-time tracking technologies, and implementing security measures to mitigate risks including customer demand changes, transit delays, supplier problems, and theft.

1. Customer demand changes:

- Conduct market research and customer surveys to anticipate potential shifts in customer preferences and demands.

- Maintain a flexible and agile supply chain to respond quickly to changes in demand.

- Have advanced planning and scheduling system

2. Unexpected transit delays:

- Diversify transportation options by working with multiple carriers and modes of transportation (e.g., road, rail, air, sea) to reduce dependency on a single provider.

- Use real-time tracking and monitoring technologies to gain visibility into the location and status of shipments, allowing proactive identification of potential delays.

3. Problem at suppliers, which delays critically needed components:

- Develop a robust supplier management process, including regular performance evaluations, risk assessments, and continuous communication with suppliers.

- Identify and qualify alternative suppliers for critical components to have backup options.

- Implement supply chain visibility tools to monitor and track supplier performance, production capacity, and potential bottlenecks.

4. Theft, a much larger problem:

- Conduct risk assessments of vulnerable areas, including warehouses, distribution centers, and transportation routes, and implement appropriate security measures, such as surveillance systems, alarms, and access controls.

- Utilize GPS tracking and security seals on shipments to monitor and secure the movement of goods.

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If you thought prices of stock would be rising over the next few months, you might want to ____________ stock. Multiple Choice purchase a call option purchase a put option sell a futures contract place a short-sale order on the

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If you thought prices of stock would be rising over the next few months, you might want to purchase a call option on the stock. Buying a call option is the best strategy to take if you believe that a stock's price will rise in the future.

The strategy is known as a “call” option, which is a contract that allows the holder to buy shares of a stock at a specified price (strike price) on or before a specific date (expiration date). The holder of a call option is only required to purchase the shares if he or she desires to do so. Buying a call option can provide the buyer with significant benefits if the stock price rises significantly beyond the strike price, and it also allows the buyer to participate in the stock's price movement with less capital expenditure than purchasing the underlying stock. On the other hand, if the price of the stock declines, the maximum loss that the buyer of the call option will suffer is the premium paid for the option. The benefits of buying a call option include leveraging the potential price appreciation of the underlying asset with minimal upfront expenses.

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A form of business organization that is set up to hold all the debt and equity of an underlying business and to distribute the income generated by that business to its owners and is not taxable is called Select one: O a. an income trust O b. a corporation O c. a hedge fund
O d. a sole proprietorship O e. a crown corporation

Answers

The correct answer is a. an income trust .An income trust is a form of business organization that holds all the debt and equity of an underlying business and distributes the income generated by that business to its owners.

It is structured as a trust and is designed to minimize or eliminate corporate income tax. Income trusts are commonly used in Canada.

Income trusts are not taxable at the corporate level because they distribute their earnings to unitholders, who are responsible for paying taxes on their share of the income. This is similar to a pass-through entity where the tax liability passes through to the individual owners or investors.

Therefore, the correct answer is option a. an income trust. It is a specialized form of business organization that allows for the distribution of income to owners while minimizing corporate income tax.

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How could two companies with similar gross profit figures end up with dramatically different net operating income?

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Two companies with similar gross profit figures could end up with dramatically different net operating income because gross profit only considers the cost of goods sold and the revenue that it generates.

Gross profit doesn't consider other expenses like operating expenses, administrative expenses, depreciation, and amortization expenses, among others.A company that has higher operating expenses will have a lower net operating income. Net operating income is the difference between gross profit and operating expenses. So, if a company has high operating expenses, it will have a lower net operating income compared to a company with lower operating expenses.

However, other factors can contribute to the difference in net operating income, including depreciation, amortization, interest expense, and other non-operating expenses, which may differ between the two companies. Additionally, differences in revenue or gross profit margin can also affect net operating income. A company with higher revenue or a higher gross profit margin may be able to absorb higher operating expenses while still achieving a higher net operating income. Therefore, two companies with similar gross profit figures can have a dramatically different net operating income depending on various factors.

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Suppose your retirement account earns 6% compounded annually.
How long will it take for your account to grow from $374,000 to
$1,000,000?

Answers

Initial value = $374,000 Final Value = $1,000,000 r=interest rate = 6.1%

Time = n

Value = Initial value X (1+r)ⁿ

1,000,000 = 374,000 X ( 1+ 6+ (-)"

(1.06)ⁿ= 1000000/374000

=(1.06)ⁿ= 2.67

taking natural log on both sides

n ln (1.06) = ln (2·67)

n=Ln (2·67) / ln (1.06)

16.88 year's

An initial value problem (IVP) in multivariable calculus is an ordinary differential equation with an initial condition that specifies the value of the unknown function that a given point in the domain. In physics or other sciences, modelling a system frequently entails solving an initial value problem. In that context, the difference initial value is an equation that specifies how the system evolves over time given the problem's initial conditions.

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Describe the supply chain benefits that Summer Drinks could enjoy should they adopt a backward integration strategy
"In measuring the success of a Logistics System" (hint: see class slides chapter 2) Identify which two out of the six factors is Summer Drinks failing in- provide evidence from the case study to support your answer. Briefly distinguish between what efficiency and effectiveness in logistics means?

Answers

1. Supply Chain Benefits of Backward Integration: Increased control, cost savings, reduced dependency, improved flexibility.

2. Factors Summer Drinks is Failing in Measuring Logistics Success: Customer satisfaction and cost efficiency.

3. Efficiency in logistics: Doing things right by optimizing processes and minimizing waste.

4. Effectiveness in logistics: Achieving desired outcomes and meeting customer expectations.

1. Supply Chain Benefits of Backward Integration Strategy for Summer Drinks:

By adopting a backward integration strategy, Summer Drinks can enjoy several supply chain benefits. These include:

a) Increased Control and Quality Assurance: Backward integration involves acquiring or integrating suppliers into the company's operations. This allows Summer Drinks to have direct control over the sourcing of raw materials and production processes. By owning or controlling the supply sources, they can ensure the quality and consistency of ingredients, resulting in a more reliable and standardized product.

b) Cost Savings: Through backward integration, Summer Drinks can eliminate the markup costs associated with purchasing raw materials from external suppliers. By producing their own ingredients or acquiring suppliers, they can achieve cost savings, improve profit margins, and potentially offer competitive pricing to customers.

c) Reduced Dependency and Supply Chain Disruptions: By integrating backward, Summer Drinks can reduce their reliance on external suppliers and minimize the risk of supply chain disruptions. They have greater control over their supply chain, reducing the impact of external factors such as price fluctuations, delivery delays, or quality issues from third-party suppliers.

d) Improved Flexibility and Responsiveness: Backward integration allows Summer Drinks to have greater agility and responsiveness in adjusting their production capabilities based on market demand. They can quickly adapt to changing customer preferences and optimize their production processes to meet specific requirements.

2. Factors Summer Drinks is Failing in Measuring the Success of the Logistics System:

Based on the case study, two factors in which Summer Drinks is failing in measuring the success of their logistics system are:

a) Customer Satisfaction: The case study mentions that customers have complained about late deliveries and inaccurate order fulfillment. This indicates a lack of focus on customer satisfaction in their logistics operations. Meeting customer expectations in terms of on-time deliveries and order accuracy is crucial for a successful logistics system, and Summer Drinks seems to be falling short in these areas.

b) Cost Efficiency: The case study also highlights the rising costs associated with logistics operations, including transportation and warehousing expenses. This suggests that Summer Drinks is not effectively managing and controlling their logistics costs. Cost efficiency is an important factor in measuring the success of a logistics system, and Summer Drinks needs to address this issue to improve their overall performance.

3. Distinguishing between Efficiency and Effectiveness in Logistics:

Efficiency in logistics refers to the ability to accomplish tasks and operations with minimal waste, time, and resources. It focuses on optimizing processes, reducing costs, and maximizing productivity. For example, an efficient logistics system would minimize transportation time, streamline warehouse operations, and eliminate unnecessary steps in the supply chain.

Effectiveness in logistics, on the other hand, relates to achieving desired outcomes and meeting objectives. It involves aligning logistics activities with the overall goals of the organization and satisfying customer needs. An effective logistics system ensures that products are delivered on time, in the right quantity, and to the right location. It emphasizes customer satisfaction, responsiveness, and meeting service level agreements.

In summary, efficiency is about doing things right by optimizing processes and minimizing waste, while effectiveness is about doing the right things by achieving desired outcomes and meeting customer expectations. Both efficiency and effectiveness are crucial for a successful logistics system.

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John wants to earn $25,000 after 8 years. The interest rate available on a specific investment, which he is interested in, is 3.75% per annum. How much he should invest today to receive the desired amount?

Answers

John needs to invest an amount today to receive $25,000 after 8 years with an annual interest rate of 3.75%.

To calculate the required investment amount, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = Final amount (desired value of $25,000)

P = Principal amount (initial investment)

r = Annual interest rate (3.75% or 0.0375)

n = Number of times interest is compounded per year (assuming it's compounded annually)

t = Number of years (8)

Substituting the given values into the formula:

25,000 = P(1 + 0.0375/1)^(1*8)

Simplifying the equation:

25,000 = P(1.0375)^8

To isolate P, we divide both sides of the equation by (1.0375)^8:

P = 25,000 / (1.0375)^8

Using a calculator, we can compute:

P ≈ 20,212.53

Therefore, John should invest approximately $20,212.53 today to receive the desired amount of $25,000 after 8 years.

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Quality management can be regarded as being highly
perceptual and is value driven. Discuss this statement by referring
to the quality dimensions of goods (15) and services (15).

Answers

Quality management is a process that is focused on ensuring that the goods and services produced by an organization meet the needs and expectations of customers.

It is a crucial aspect of business operations, as it can have a significant impact on customer satisfaction, loyalty, and ultimately, the success of the organization.

One of the key dimensions of quality in goods is the physical attributes of the product, such as its design, durability, and performance. These attributes are important because they can affect how well the product performs in the real world and how satisfied customers are with their purchase. For example, a product that is poorly designed or does not function properly may not meet the needs of customers and may result in negative feedback and lost sales.

Similarly, the quality of services is also an important consideration for customers. This includes factors such as the effectiveness and efficiency of the service, as well as the level of customer satisfaction and loyalty. For example, a service that is slow or inefficient may result in frustration and lost business, while a service that is delivered with a high level of customer satisfaction and loyalty can lead to repeat business and positive word-of-mouth referrals.

Overall, quality management is a value-driven process that is focused on ensuring that the goods and services produced by an organization meet the needs and expectations of customers. By prioritizing quality, organizations can improve customer satisfaction, increase loyalty, and ultimately, achieve success in the marketplace.

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