Answer:
If the national chain suffers, so does the franchisee
Explanation:
Franchises share common problems struggle for one can lead to struggle for all.
If the national chain suffers, the franchisee suffers as well. Franchises face similar issues. A hardship for one person can lead to a struggle for everyone.
What are the types of franchise?Franchises are the company in the another country with the same name, and it has four types that are -
Job or franchise operator.Franchise in management.Franchises in retail and fast food.Franchise for investment.Thus, If the national chain suffers, the franchisee suffers as well.
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In the sentence We were hoping for an increase in revenue, the verb were is ____.
Answer:
First person plural simple past tense.
Explanation:
The speaker is referring to himself and others - First Person Plural
Since the expectation was in the past, it is a Simple Past Tense
Suppose that the natural rate of unemployment in a particular year is 4 percent and the actual rate of unemployment is 7 percent. instructions: enter your answers as whole numbers.
a. use okun's law to determine the size of the gdp gap in percentage-point terms.
b. if the potential gdp is $500 billion in that year, how much output is being forgone because of cyclical unemployment?
Answer:
a. The GDP gap is: 6%
b. The forgone output is: $30 billion
Explanation:
GDP (gross domestic product) is the output produced within a country in a given time period. Okun's law establishes an inverse empirical relationship between unemployment and losses in productivity of a country. In terms of output, Okun's law states that for every percentage increase in cyclical unemployment, a country's potential output is lowered by 2%. Cyclical unemployment is the difference between the natural unemployment rate and the actual unemployment rate.
In this scenario, the natural rate of unemployment is 4% and the actual rate is 7%. Therefore, unemployment due to business cycle fluctuations is: 3% . Since the output gap is double the percentage increase in unemployment, the output or GDP gap is 6%. The dollar amount of the GDP gap given the $500 billion potential GDP is (0.06 * 500) = $30 billion
Using Okun's Law, the GDP gap with an actual unemployment rate of 7 percent and a natural rate of 4 percent is 6 percent. Consequently, for a potential GDP of $500 billion, the economy is forgoing $30 billion in output due to cyclical unemployment.
Suppose that the natural rate of unemployment in a particular year is 4 percent and the actual rate of unemployment is 7 percent. Using Okun's Law, we can determine the size of the GDP gap and the amount of output forgone due to cyclical unemployment.
a. Size of the GDP Gap
According to Okun's Law, for every 1 percent that the actual unemployment rate exceeds the natural rate, a negative GDP gap of approximately 2 percent of potential GDP is created. Hence, the difference between the actual and natural rates of unemployment is 3 percent (7% - 4%). Applying Okun's Law, the size of the GDP gap is 6 percent (3% * 2).
b. Output Forgone Due to Cyclical Unemployment
With potential GDP at $500 billion, a 6 percent GDP gap implies that $30 billion of output is being forgone (6% of $500 billion). This loss in output is attributed to the difference between potential and actual employment levels, illustrating the economic consequence of higher-than-natural unemployment rates.
The country of belize exported $395 million of goods in 2009 and imported goods worth $616 million during the same year. this would suggest that belize has a(n) _______.
When a county exports more than it imports the country has a negative trade balance.
Jorge martinez hates to do performance appraisals of his subordinates because he always struggles when he has to evaluate their performance. in order to make the actual performance evaluations a better experience for all, jorge should:
Jorge should provide feedback from all around the employee.
Answer:
b
Explanation:
_______ is an alternative dispute resolution technique where a third party urges disputing parties to deal directly with each other in a positive and constructive manner.A. OmbudsmanshipB. FacilitationC. Peer reviewD. MediationE. Arbitration
The correct answer is choice d.
Mediation is an alternative dispute resolution technique where a third party urges disputing parties to deal directly with each other in a positive and constructive manner. The third party is called the mediator.
What are the different types of banking institutions
Central Banks, Retail Banks, Commercial Banks, Shadow Banks, Investment Banks, Cooperative Banks, Credit Unions.
a user interface (ui) is the key to _____, which includes user satisfaction, support for business functions, and system effectiveness.
Average fixed costs always decrease as q increases.
a. True
b. False
The answer is true, as long as the variable q equals the number of products sold or produced.
The fixed cost total amount does not change, so if you are spreading it out over more items or products it is always going to decrease per item.
When fast food restaurant, tommy's tacos, had poor sales in central city, marketing managers closed one outlet on the east side of town and opened two new locations on the south side of town. these moves represent?
These are operational decision specific to market placement. Even though one location was doing poorly, Tommy's hopes to increase sales by opening more locations in a more profitable part of town.
Why is it important to look at external sources of information when exploring product and service information?
They help you find information about the product’s actual performance. It's good to get other's input and experience with the product/service.
Answer:
They help you find unbiased information about the product’s actual performance.
Explanation:
We all have a tendency to highlight our good actions and successes, while hiding our bad actions or failures. The same happens within a business, upper management usually gets the reports with all the wonderful statistics about how great the company's products are and how good our customer service is. Reports containing information about failures or customers' complaints are usually extremely short and not very detailed compared to the essays highlighting success.
So if you want to research information about how good or bad a product or service is, you must look outside. It is plain common sense, no employee likes to put his/her job at risk by writing about how bad the company's products are. That is why independent consultants are hired.
For a closed economy, gdp is $18 trillion, consumption is $13 trillion, taxes are $2 trillion and the government runs a deficit of $1 trillion. what are private saving and national saving? $3 trillion and $1 trillion, respectively $3 trillion and $2 trillion, respectively $2 trillion and $3 trillion, respectively $2 trillion and $2 trillion, respectively
Answer:
$3 trillion and $2 trillion, respectively
Explanation:
Private savings in (Income - Taxes) -Consumption
National/Public Savings are (taxes - expenditures)
Economics affects nearly everything we do in some way. Someone else has produced most items we consume, or use, in our daily lives, from food to clothes to music to gas for our cars. Chances are, when we purchase these daily items, we don't question the price with the producer. But in the United States, the interactions between the consumers and producers determine quite a lot in terms of business and economics.
Think about the items and services that you and your family buy or consume. What causes you to pay the prices that you do for these goods and services? What determines the price that's on the price tag? What goes into determining, or setting, that price? Consider all the possible elements that could influence the prices you pay.
Answer:
My family purchases a lot of things every day, most of them we don't even realize we are purchasing them or we take it as something completely ordinary, e.g. I'm purchasing electricity and internet services while answering this question and I really don't think about it. At the end of the month we just pay the bills. We usually only notice that we are paying for these services when a big storm comes and the electric system crashes, and we start to complain why don't they build better systems.
When we go to the supermarket or a grocery store we just pick the things we like and pay for them. I guess we have a pre-established idea of how much things should cost and only notice their price when they change (e.g. offered at a discount or its price suddenly increases a lot).
Although that doesn't apply to all our expenses, when we shop for clothes, electronics or pay gas, we really pay attention to the price. I guess that since clothes are something you don't buy everyday or every couple of days, I guess once a month at most. We usually compare the price of clothes and electronics a lot, internet websites are very useful for this. Since there are several gas stations near our house (3 in total), we usually go to the cheapest one since we spend a lot on gas (about $300 a month).
I guess that the goods and services we buy are priced differently:
For example, utilities and cable + internet do not have a lot competition around, so the price is set by the service provider almost at free will. The utilities are a monopoly and their are only 3 cable and internet service firms here and they all have similar prices.We usually buy groceries at the same place, every time. I guess that some time in the past we compared the prices of the supermarkets and decided that this one was had the lowest prices. We usually get weekly offers through our email and we notice some prices are different. Finally where we notice a lot of price competition is when we buy clothes or electronics, that is why we double check to find the cheapest place to buy.Prices of goods and services are influenced by price elasticity, consumer income, and other factors such as production costs, competition, government policies, and environmental considerations.
Explanation:When determining the prices of goods and services, several factors come into play. One significant factor is the concept of price elasticity, which measures how responsive consumer demand is to changes in price. For luxury items, demand may increase substantially when a product goes on sale due to their high elasticity. On the other hand, necessities have a lower elasticity, meaning that changes in price have a smaller effect on consumer demand.
Another key factor is the consumer's income, which influences the choices people make since they must allocate their limited income to various goods and services. Prices a consumer is willing to pay are also affected by the production costs, market competition, and the perceived value of the products and services.
Overall, prices are influenced by supply and demand dynamics in the market, consumer preferences, cost of production, government policies, and environmental factors. Each of these contributes to the final price tag consumers see on goods and services.
Jerome Jones delivers pizza for Papa’s Pizza. He earns $7.80 an hour plus time-and-a-half for every hour over 40. Last week he worked 45 hours. Deductions included Social Security at 6.2% of gross, Medicare at 1.45% of gross, and federal income tax of $14. What was Jones' net pay, rounded to the nearest cent?
His net pay is $328.16.
The first step is to calculate Jerome’s salary.
Regular time - 40 x $7.80 = $312
Overtime - 5 x $7.80 x 1.5 = $58.50
Total Salary = $312 + 58.50 = $370.50
The next step is to calculate the deductions:
Social security = 370.50 x .062 = $22.97
Medicare = 370.50 x .0145 = $5.37
Federal Income Tax = $14
Total Deductions = 22.97 + 5.37 + 14 = $42.34
$370.50 - $42.34 = $328.16
Paul, an engineer in a corrugated box manufacturing company, sets himself a goal of completing the design for a new display box for a major customer by the end of the week. he decides to reward himself by playing golf over the weekend if he is able to complete the project on time. this is an example of:
It is estimated that firms lose ___________ annually in productivity, absenteeism, and employee turnover due to caring for aging parents.
Answer:
$11 billion annually.
Explanation:
Firms carried out assessments based on their daily activities as well as employee assessment.
Employees in firms are assessed based on their productivity level, rate at which they are absent from work as well as their turnover rate in the firm.
Low productivity can be defined as a decrease in the production capacity of a firm due to the inefficiency of workers.
Absenteeism can be defined as when a person is not present at work. This may be due to genuine or deliberate reasons.
Employee turnover can be defined as the number of employees who leave a firm and are replaced with new employees.
Low productivity, consistent absenteeism and employee turnover rates are said to cause firms to lose a lot of money due to:
a. Payment of salary for absent workers
b. Having to find replacement for absent staffs.
c. Low productivity due to lack of or absent staffs.
It is estimated that firms lose $11 billion annually in productivity, absenteeism, and employee turnover due to caring for aging parents.
Absenteeism, estimated to cost companies $74 billion annually, significantly impacts productivity due to unscheduled employee absences, often resulting from health problems including caregiving responsibilities. Wellness programs targeting employee health are effective in reducing absenteeism.
Explanation:The question pertains to the economic impact of absenteeism in the workplace due to employees caring for aging parents. Absenteeism refers to unscheduled absences from work and is a significant cost to companies, estimated at $74 billion annually. The unpredictability of absenteeism forces companies to find last-minute replacement workers, resulting in additional costs such as hiring contingent workers, paying overtime, or managing work disruptions. A notable part of absenteeism is attributed to health problems, including the stress and responsibilities associated with caring for elderly family members. Implementing wellness programs targeting employee health has been identified as an effective strategy to reduce absenteeism, by focusing on proactive health management and support for employees dealing with such caregiving responsibilities.
The ability of a marketer to identify customers before they make a purchase is called:
a. addressability.
b. connectivity.
c. interactivity.
A group of architects and engineers has been organized to plan the construction of a new bridge. the team members are getting to know each other and are setting some preliminary ground rules. this group is in the _____ stage of team development.
a. forming
b. reforming
c. storming
d. performing
e. norming
The answer is e norming
Answer:
a. forming
Explanation:
The forming–storming–norming–performing model of group development was first proposed by Bruce Tuckman who said that these phases are all necessary and inevitable in order for the team to grow, face up to challenges, tackle problems, find solutions, plan work, and deliver results.
Forming: The team meets and learns about the opportunities and challenges, and then agrees on goals and begins to tackle the tasks. Team members come together to become oriented to the tasks as well as to one another. They meet and deliberate on defining the scope of the task, how to approach it, and similar concerns. How to move from this stage to the next, each member must relinquish the comfort of non-threatening topics and risk the possibility of conflict.
Social media measurements are meaningless if:
a. they consider investment per fan and follower.
b. they are not tied to key performance indicators.
c. they do not focus on return on investment.
d. they consider the rate of accumulation.
Social media measurements are meaningless if: they lack context. B) is correct
Which is an example of bid rigging?
Question 3 options:
A large furniture maker charges a price below production cost in order to eliminate small competitors.
A coffee maker falsely claims that its drinks reduce the incidence of heart attacks.
A group of music companies agrees to charge $20 for CDs.
A defense contractor gets its competitors to agree not to seek government work.
A defense contractor gets its competitors to agree not to seek government work. This would be an example of companies working together to submit bids that aren't competitive. This gives the defense contractor the ability to set higher prices.
A defence contractor getting its competitors to agree not to seek government work: is an example of bid rigging. Thus, option D is the correct option.
What is bid rigging?Bid rigging, a fraudulent strategy that causes non-competitive bids in procurement auctions, can be carried out by dishonest authorities, by businesses in a planned act of collaboration, or by officials and businesses. Most nations prohibit this kind of collaboration. It is a type of price fixing and market allocation that is frequently used in situations when contracts are chosen based on a request for proposals, such as when it comes to government building contracts.
Bid rigging's typical goal is to provide the "winning" side with the ability to get contracts at prices that are not fair (i.e., at higher prices if they are sellers or lower prices if they are buyers). Bid rigging nearly always has a negative financial impact on both the public and the agency soliciting the bids.
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Pogisa is a director at trendz corp. after studying and consulting with experts, pogisa votes to have trendz sell a tract of land for $500 per acre. within a year, the land is worth $2,000 per acre, and trendz shareholders want to sue pogisa for her vote to sell the land. under the ________, pogisa may be entitled to legal protection.
She may be entitled to protection under the Business Judgement Rule, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.
Pogisa, the director, may be protected under the business judgment rule if she acted in good faith, was informed, and did not involve in self-dealing or fraud when she decided to sell the land.
Explanation:Under the business judgment rule, Pogisa may be entitled to legal protection. This rule shields corporate directors from liability for decisions made in the best interest of the company, provided they were informed, impartial, and in good faith at the time. Even though the land's value later increased, Pogisa made the decision based on her judgement and the information available to her at the time.
It is important to note that the business judgment rule only offers protection if Pogisa acted without self-dealing or fraud. If the shareholders suspect such an act, they can investigate and potentially sue. However, if Pogisa was acting with the company's best interest and without personal gain, the business judgment rule would likely protect her from a lawsuit.
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When you die intestate you have given the court or state the privilege of determining burial arrangements beneficiary needs divisions of estate to charities guardians of dependents?
When you die "inestate" (aka without a will) state laws will determine how your assets are divided and who they go to. Most arrangement like funeral/burial, etc are handled by family or next-of-kin and state laws will again determine certain arrangements when the deceased person's wishes were not recorded through a will.
A store has an item on sale for 30% which represents a discount of $27.75. What is the original price of this item?
So we have to reverse engineer into this answer.
we know that 30% of some number equals 27.75
so .3x=27.75
Divide both sides by .3
x= 92.50
Robinson's personal residence was partially destroyed by fire. its fair market value (fmv) before the fire was $500,000, and the fmv after the fire was $300,000. robinson's adjusted basis in the home was $350,000. robinson settled the insurance claim on the fire for $175,000. if robinson's adjusted gross income for the year is $120,000, what amount of the casualty loss may robinson claim after consideration of threshold limitations
The amount of the casualty loss may Robinson claim after consideration of threshold limitations is $12,900. Thus, the correct option is (A).
A casualty loss occurs when your property is damaged, destroyed, or destroyed as a consequence of a sudden, unexpected, or uncommon occurrence such as a flood, storm, tornado, fire, earthquake, or volcanic eruption.
Normal wear and tear or gradual degradation are not considered casualties.
A casualty loss is a sort of tax loss caused by an unexpected, abrupt, or unusual incident.
Here,
Calculate the loss amount as follows:
Particulars Amount
The lower decline in FMV ($200,000)
or AB of property ($350,000) $200,000
Insurance Reimbursements (175,000)
Less: $100 per casualty (100)
Less: 10% × AGI (12,000)
Casualty loss deduction $ 12,900
Therefore, the correct option is "A".
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This is an incomplete question, the complete question is:
Robinson's personal residence was partially destroyed by fire in a wildfire that was a federally declared disaster. Its fair market value (FMV) before the fire was $500,000, and the FMV after the fire was $300,000. Robinson’s adjusted basis in the home was $350,000. Robinson settled the insurance claim on the fire for $175,000. If Robinson's adjusted gross income for the year is $120,000, what amount of the casualty loss may Robinson claim after consideration of threshold limitations?
A.$12,900
B.$13,000
C.$24,900
D.$25,000
Enterprise application vendors have created ________ to make their own customer relationship management, supply chain management, and enterprise systems work closely together with each other. select one:
a. middleware
b. e-business suites
c. cloud solutions
d. erp systems
e. legacy systems
b. E Business Suites
The general strategy for the practical application of situational theories includes all but one of the following. Which one?A. Identify important outcomesB. Identify situational conditionsC. Match leadership to the conditions at handD. Stick to one leadership styleE. Identify relevant leadership behaviors
It is foolish and unproductive to ALWAYS stick to one model of leadership. Situations and people may dictate other actions and models.
Answer:
D) Stick to one leadership style
Explanation:
The situational theory refers to adopting different leadership styles depending on the situation. Therefore, this theory doesn't believe that one leadership style is better than the rest. If anyone wants to practice this approach, they cannot stick to one leadership style.
France's thomson electronics combined with china's tcl to form tcl-thomson electronics. thomson owns 33% and tcl owns the remaining 67% of tcl-thomson electronics. this is best described as a(n) ________.
Equity strategic alliance.
This is a partnership where 2 or more firms own different levels of equity in the company and each bring their own strategic advantages and company resources to the table.
France's Thomson Electronics' combination with China's TCL, with 33% and 67% ownership respectively, to form TCL-Thomson Electronics is an example of a joint venture.
The business arrangement described here, where France's Thomson Electronics and China's TCL have combined to form TCL-Thomson Electronics with ownership stakes of 33% and 67% respectively, is best referred to as a joint venture. A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity. In this case, Thomson Electronics and TCL have entered into a joint venture by combining resources to form TCL-Thomson Electronics.
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How long does Bankruptcy stay on your credit report?
The bankruptcy public record is deleted from the credit report either seven years or 10 years from the filing date of the bankruptcy, depending on the chapter you filed. Chapter 13 bankruptcy is deleted seven years from the filing date because it requires at least a partial repayment of the debts you owe
Can poorer countries do well on these alternative measures of well-being? could people be misled about differences in living standards if they only compared different countries levels of gdp per person? explain.
Yes, they could be mislead about the standard of living if only looking at the GDP. To understand the standard of living other factors need to be considerd to offer a complete perspective. For example some countries have black markets which increase the standard of living.
The van halen contract with concert venues, article 126, states that the dressing rooms must have certain munchies, including m&m's with the brown candies removed. what quality improvement process is this an example of? setting high expectations in processes use of checklists to improve outcomes rock'n'roll ego
Use of checklists to improve outcomes.
While the list of snacks may seem oddly specific and asking for too much, it was actually a good way for the band to make sure all of their requests in the contract were being followed perfectly.
What are some of the potential benefits of a more formalized approach to forecasting?
A more formalized approach will make it easier to translate the data into quantitative terms and use the help of computer forecasting tools.