Answer: Option C
Explanation: Organizing is the administrative role that typically follows after planning, from the point of view of businesses. Organizing includes assigning tasks and assigning authority to accomplish goals and objectives with sufficient accountability and allocating resources throughout the organization.
Organizing includes creating deliberate task structures by defining and listing the tasks necessary to achieve a company's objectives. In simple words, Organizing is creating successful relationships of power between specified employers, people, and workplaces so that the community can work effectively together. Or the separation of work into branches and divisions.
Thus, from the above we can conclude that the correct option is C .
All of the following are ways listed in your text that customers engage with brands via social media except consumers acting as brand advocates. consumers seeking discounts. consumers seeking contact with customer service. consumers using search engines to find a product. consumers sharing brand information.
Answer: consumers acting as brand advocates
Explanation:
A consumer is less likely to act as a brand advocate. An advocate to someone is a person that speaks on behalf of someone or acts as an intermediate between a person he is representing and another. An advocate role is not the job of a consumer.
Which of the following is not an example of risk factors for a multinational company?
A) Complying with contractual terms of agreements
B) Freezing the movement of assets out of the host country
C) Devaluing the currency
D) Limiting the remittance of profits or capital
Answer: A) Complying with contractual terms of agreements
Explanation: option A is the odd one out because it is about keeping to agreements or conditions in a contract, the other options "B,C,D" are risk factors for a multinational company that directly or indirectly affects their business.
Jordan is buying a laptop computer to take on trips. Although she has looked at several brands, she refuses to buy a computer that weighs more than five pounds. Jordan is basing her decision on____________.
A. habitual decision making.
B. a noncompensatory decision rule.
C. social factors.temporal factors.
D. a compensatory decision rule
Answer: A compensatory decision rule.
Explanation:
Jordan is basing her purchase decision on the weights of the laptop since she is going to use them more often n for trips, this is an example of the compensatory decision rule.
The compensatory decision rule explains that buyers makes purchase by comparing the various products available for sale and choosing the product with qualities closest to what they already have in mind before making purchase.
If Government (or Investment) spending is increased by $10 with MPC = 0.75, then the multiplier will be _________.
Answer:
Multiplier = 4
Explanation:
Government spending multiplier denotes the multiplier by which the GDP increases in response to increase in government expenditure.
Government spending has multiple impact depending on the society's overall propensity to consume.
Suppose if government spends USD 1, and consumer A receives USD 1, spends 0.75 out of this USD 1, consumer B receives this USD 0.75 and he also spends 75% of this USD 0.75 he received, this cycle continues until the spending reduces to nil.
Therefore spending multiplier is used to calculate total impact of each USD spent by government. Following is the formula for multiplier
Multiplier = 1 / (1 - marginal propensity to consume)
Multiplier = 1 ( 1 - 0.75)
Multiplier = 4
Jim, the CEO of Maple Inc., had to sign a few papers that Amanda, his secretary, presented to him. Unknown to Jim, Amanda had carefully slipped in a contract for the sale of Jim's home to her in the papers which he signed. If Amanda seeks to enforce the contract, Jim's best defense to have the contract declared void would be:
Answer:
B. Fraud in the execution
Explanation:
Jim's best option to declare the contract void in court would be to use the legal term 'Fraud in the execution, which constitutes any illegal act that is deliberately conceived to deceive or mislead another person with a negative effect towards that person.
In Jim's case Amanda actions negatively affected him as it involved selling his home to her.
Another example of this situation is when someone with limited vision is deceived into signing a lease of his home with the thought that he is signing a bank document.
When the government intervenes in the economy to promote efficiency, it means that the government is trying to:
a. change the way in which the economic pie is divided.
b. increase the size of the economic pie.
c. create a more unequal distribution of income.
d. create a more fair distribution of income.
Answer:
d. create a more fair distribution of income
Explanation:
The market forces sometimes do not allocate resources efficiently, therefore, the government sometimes intervenes in order to promote efficiency and create a more fair distribution of income.
For example, if the price for which market forces allocate for a good is too low, the government can intervene by setting a price floor.
Also, if the price of a good is too high, government can enact a price ceiling.
This ensures that the income of both producers and consumers are more fairly distributed.
Also, if a monopoly is setting the price of its goods too high, the government can regulate the activities of the monopoly to create a more fair distribution of income.
I hope my answer helps you.
Failure to include project management in the WBS will increase the likelihood that the project will not be completed on time and within budget.
Answer:
The statement is True
Explanation:
The purpose of including a project management in the WBS is to allow the project manager properly view the task involved in the project more effectively and thus know what is going to plan and what is not. In this way the project manager can have ample knowledge on whether the project is in line with time and budget.
The Palladian government required that all imported products that came from Lovaskiya be checked by Palladian customs inspectors. The inspection was done at a container freight station that was both remote and poorly staffed. This delayed the Lovaskiyan consignment from reaching the consumers in Palladia.
The inspection strategy adopted by the customs officers in Palladia is an example of a(n):
A. antidumping policy.
B. voluntary export restraint policy.
C. administrative trade policy.
D. monopolistic competition policy.
E. tariff rent policy.
Answer:
C. administrative trade policy.
Explanation:
Based on the information provided it seems that the inspection strategy adopted is an example of an administrative trade policy. This policy is basically various bureaucratic rules that have been designed in order to slow down the flow of a specific good being imported into the country which is implementing the policy. Which in this case the policy was designed to slow the flow of ALL goods from Lovaskiya.
The inspection strategy adopted by the customs officers in Palladia is an example of an administrative trade policy. The correct option is C.
The Palladian government’s strategy of requiring that all imported products from Lovaskiya be checked by customs inspectors at a remote and poorly staffed container freight station is a classic example of an administrative trade policy. This method creates non-tariff barriers to trade, which can delay or restrict the importation of goods by increasing the administrative burden and slowing down the process. Administrative trade policies can include any rules, regulations, or policies that act to obstruct the free flow of goods into a country without directly imposing tariffs or duties. Examples include:
Stringent customs proceduresComplex and extensive paperwork requirementsProduct standards and certification demandsProhibitive inspection processes
These policies typically increase the cost and time required for foreign companies to export their goods, thereby giving an implicit advantage to domestic producers and sometimes aiming to protect national industries from competition.
A combination washer/dryer costs $1,179. New parts for this washer/dryer cost $211, labor to repair it costs $553, and shipping it to and from a repair center costs $152. A full warranty, which covers all aspects of repairing the washer/dryer, costs 30% of the price of the washer/dryer. A limited warranty, which only covers labor costs, only costs 14% of the price of the washer/dryer. Assuming that the washer/dryer needs repairs which include parts, labor, and shipping, which warranty is the better deal, and by how much, rounded to the nearest dollar?
Answer:
D. $174 less
Explanation:
The warranty that is the better deal is: The full warranty will end up costing the consumer $174 less.
Cost of full warranty:
Cost of full warranty=30%×$1,179
Cost of full warranty=$353.70
Cost of limited warranty:
Cost of limited warranty=(14% x $1,179) + $211 + $152
Cost of limited warranty=$165.06 +$211 +$152
Cost of limited warranty=$528.06
Difference
Warranty=$528.06-$353.70
Warranty=$174.36
Warranty=$174 (rounded)
Inconclusion the full warranty is a better because it is cheaper as it will end up costing the consumer $174 less.
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What are the four most important ways a firm becomes a monopoly? The four main reasons a firm becomes a monopoly are:
A. the government blocks entry, control of a key resource, network externalities, and economies of scale.
B. antitrust legislation, control of a key resource, no close substitutes, and economies of scale.
C. the government blocks entry, control of a key resource, network externalities, and diseconomies of scale.
D. antitrust legislation, control of a key resource, arbitrage, and economies of scale.
E. the lack of patents and copyrights, control of a key resource, network externalities, and economies of scale.
Answer: A. the government blocks entry, control of a key resource, network externalities, and economies of scale.
Explanation:
Suppose that you own a house. What is the opportunity cost of living in the house?
A. There is no opportunity cost because you own the house.
B. There is no opportunity cost unless you could set up a business in the house.
C. The opportunity cost is the rent you could have received from a tenant if you didn't live there.
D. The opportunity cost is the eost of your monthly mortgage payment plus bills.
Answer:
C. The opportunity cost is the rent you could have received from a tenant if you didn't live there
Explanation:
Opportunity cost is the cost of other alternatives forgone when one choice was made over other choices.
If I didn't live in the house i built, the other alternative use of the house would be to rent it out. This would be the opportunity cost.
The explicit cost are the cost of your monthly mortgage payment plus bills.
I hope my answer helps you.
The opportunity cost of living in your own house is the rent you could have received from a tenant if you didn't live there. This is because opportunity cost is the value of the next best alternative you forgo when making a choice. In this case, option C is correct.
This is because opportunity cost represents the value of the next best alternative that you forgo when making a decision. Therefore, among the given options, the correct answer is C: The opportunity cost is the rent you could have received from a tenant if you didn't live there.
To understand this better, consider that every choice involves a trade-off. When you decide to live in your house, you give up the potential income from renting it out. This lost potential income is what economists refer to as an opportunity cost.
The priority of the product in agile is more significant than in traditional project management, as the outcome, or product, will drive the elaboration of the project.
Answer:
It is a very true statement (EPLAINED) below.
Explanation:
The pre-eminence concerning the product in agile denotes extra meaning than meanwhile traditional project management (this means a worldly exercise which involves a collection of advanced methods applied for preparation, evaluating, and managing actions), because that result, conversely outcome will encourage this illustration of a specific project. Through adopting a methodical manner for constructing a WBS, project company constituents can guarantee that they comprehend all deliverables that are demanded to be formulated.
_____ macroeconomists focused on the _____ effects of _____ policy on the aggregate price level, ignoring any _____ effects on aggregate output.
Answer:
CLASSICAL macroeconomists focused on the LONG-RUN effects of MONETARY policy on the aggregate price level, ignoring any SHORT-RUN effects on aggregate output.
Explanation:
Classical macroeconomists focused mostly on the long-run since they perceived the economy was self-adjusting. That means that they should only set a guideline for the economy, and the economy itself would adjust to fulfill that guideline.
For example, just because the Fed carries out an expansionary monetary policy by lowering interest rates, it doesn't mean that the economy will start to grow and unemployment will lower. Other adjustments are necessary, like a tax reduction or an increase in government spending.
Neoclassical macroeconomists focus on the effects of policy on the aggregate price level, often ignoring its short-term effects on output. They emphasize long-term impacts of decisions related to monetary and fiscal policy on inflation, rather than their short-term effects on GDP. This approach contrasts with the Keynesian framework.
Explanation:The question asks about macroeconomists who primarily focused on the effects of policy on the aggregate price level, disregarding its effects on aggregate output. These economists are typically aligned with the neoclassical framework for macroeconomic analysis. They emphasize the long-term effects of policy decisions, like those related to monetary policy and fiscal policy, on variables such as inflation, rather than their short-term effects on GDP.
For example, they may discuss how a government's decision to increase spending (an aspect of fiscal policy) could increase inflation if it leads to an increase in the aggregate demand beyond what the economy can sustainably supply, without focusing on how such spending could also stimulate economic output in the short term.
The neoclassical approach contrasts with the Keynesian framework. Keynesians, in analyzing policy effects, would not ignore the impact on GDP, and are more focused on short-term outcomes.
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Assume you borrowed $100,000 at a fixed rate of 7 percent for 30 years to purchase a house. If the inflation rate is 3 percent, then your repayments to the lender have ___________ purchasing power than the dollars that s/he loaned to you.A-lessB-moreC-the sameD-none of the above
Answer:
(A) less
Explanation:
Given a positive inflation rate, the real value of the dollar will depreciate by the rate of inflation annually.
Thus, for a house that cost $100,000 today, given a 3% inflation rate, it would cost (100,000 * 1.03 = ) $103,000 after a year.
This means, $100,000 today will have the same value as $103,000 one year later.
Therefore, repayments, which will likely be a fixed sum every year, will have a lower purchasing power as the year progresses.
Why are you interested in the fellowship at our company and what do you hope to learn?
Answer:
I am interested in the fellowship at your company as it create opportunity for me learn advance skill which will help me to excel in corporate as well as learning with other professionals here, will help me build corporate networking, which is very important in the competitive world and more over fellowship is never like regular course, we learn in college, here we compete with each other right from funding the project to getting approval of projects. It is absolutly competitive, which will be my first step to corporate.
I hope to learn, how to get things done when it is tough getting and in a tight schedule, how leaders are made and how to hold nerve and stay focus in a tough moment of corporate.
Nutriman, a company manufacturing health supplements, puts its advertisements in a popular health and fitness blog. The advertisements seamlessly blend in with the overall theme of the blog and almost look like a part of the platform. Which of the following strategies has Nutriman implemented in this scenario A. Product placement
B. Guerrilla marketing
C. Sponsorship
D. Native advertising
Answer: Option D
Explanation: Native advertising is a type of advertising that suits the system's style and substance on which it occurs. It works as an advertisement in many instances and appears as a photo, post or editorial.
Such advertisements minimize the awareness of users by integrating the ad into the platform's native information, using more inflammatory language such as "supported" or "label" advertising.
Thus, from the above we can conclude that the given case depicts native advertising.
Throughout California, there are agencies within the city/county government whose employees include professionally trained planners. These agencies are known as:
Planning commissions.
Planning departments.
Planning boards of supervisors.
Building Officials Conference of America commissions.
Answer:
Planning Departments
Explanation:
Throughout California, there are agencies within the city/county government whose employees include professionally trained planners. Noticed that planning department employees provide technical services (rather than just recommendations, as planning commissioners do) for the planning commission, elected officials, and the citizens.
In city/county governments, agencies with professionally trained planners are typically known as Planning Departments. They work with various stakeholders to develop plans for growth and development, aiming to promote public welfare.
Explanation:Throughout California and many other USA locales, there are agencies within city/county governments whose teams are made up of professionally trained planners. These agencies are typically known as Planning Departments. These departments usually work closely with city supervisors, the public, and other government agencies to develop goals and plans for growth and development. The goal of these agencies is to promote and enhance public welfare. This includes aesthetic considerations, public safety, social justice, and efficient infrastructure. Plans developed by these agencies might include land usage, community design, transportation, environmental regulation, and so forth.
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The management of Log Cabin Inc. allows employees to participate in decision making, maintains transparency of certain business information, and encourages the development of self-managed teams. In this scenario, what is Log Cabin implementing?
Answer:
Management by objectives
Explanation:
Management by objective, also called management by result, allow employees' to participate in decision making with a focus on achieving set business results. Management by objective is result oriented.
Socialism is __________. a) an economic system based on private property and market exchange. b) an economic system where the government owns property and controls production. c) an economic system organized without private property and based on the principle that individuals should be able to consume societal resources based on their needs, not their ability. d) an economic system where buyers, sellers, and producers engage in the exchange of commodities and services.
Answer:
The correct answer is B. An economic system where the government owns property and controls production.
Explanation:
Socialism is an economic system where everyone in society equally owns the factors of production.
Under socialism, workers are no longer exploited because they own the means of production. Profits are spread equitably among all workers according to their individual contribution. But the cooperative system also provides for those who can't work. It meets their basic needs for the good of the whole society.
The system eliminates poverty. It provides equal access to health care and education. No one is discriminated against.
The most suitable definition of socialism from the list is "an economic system where the government owns property and controls production" (B).
Socialism can best be defined as an economic where the government controls production, A socialist economy does not favor private ownership of the factors of production.
What the socialist economy tends to archive is the satisfaction of needs rather than the accumulation of gains or profit. There is the belief of social ownership.
Thus, we can conclude that socialism is a system whereby, their is no private ownership of the means of production.
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The economy is in long-run equilibrium: Select one:
a. when the AD and AS curves intersect at potential output, Y*.
b. when the AD and AS curves intersect, regardless of the level of output.
c. when the AD and AS curves become vertical.
d. only when the business cycle is eliminated.
Answer:
A, when the AD and AS curves intersect at potential output,Y.
Explanation:
Aggregate demand curve is a graphical representation that shows the relationship between total goods and services and its price levels.
Aggregate supply curve is a graphical representation that shows the relationship between the total amount of good and services firms are willing to sell and at what price the want to sell.
For an economy to be in long-run equilibrium, an economy has to have both curves meet at a point Y which is the potential output of the economy. This means simply that demand and supply has to be balanced (in equilibrium).
I hope this helps.
Marketing managers at a cosmetic company wanted to find out how resistant their product is to smudging. They hired a research firm to ask 293 women who were wearing the company's StayColor line of cosmetics to rub their cheeks against their shirts using "the pressure they use when caressing someone else's face." The company was conducting ________.
A. custom research
B. ethnography
C. secondary research
D. case study research
E. syndicated research
Answer: Hope u have a great day
Explanation:
t is easiest to identify the company that functions as the strategic center firm in: a. horizontal complementary strategic alliances. b. vertical complementary strategic alliances. c. corporate-level cooperative partnerships. d. international cooperative partnerships.
Answer:
The correct answer is B
Explanation:
Vertical complementary strategic alliances, is the kind of alliances which is made or formed among firms that agree for using their capabilities and skills in different stages of the value chain in order to create or establish value for both the firms.
So, it is easy to acknowledge the company which functions as the strategic centre firm in the vertical complimentary alliances of strategy.
The strategic center firm is easiest to identify in vertical complementary strategic alliances, where firms join together for diverse steps in the production or supply process. The strategic center firm is typically the firm at the top of the chain.
Explanation:It is easiest to identify the company that functions as the strategic center firm in b. vertical complementary strategic alliances. In this type of alliance, companies join together to perform different steps in the production or supply process. This structure creates a clear hierarchy, making it easy to identify the strategic center firm - typically the firm at the zenith of the production or supply chain, dictating terms to its allies below. Examples include John D. Rockefeller's use of vertical integration in building his empire, or a company choosing to specialize in its core competencies and allying with other firms for supply and distribution.
On the contrary, in horizontal complementary alliances, firms at the same level collaborate which might make identifying the strategic center firm intricate. Similarly, in corporate-level and international cooperative partnerships, the strategic center firm might not be readily apparent due to the complex and global nature of these partnerships.
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Which of the following statements is true of organizations that practice the entitlement approach?
a. Employee rewards vary little from person to person and are not much based on individual performance differences.
b. Employee rewards vary significantly from person to person and are based on individual performance differences.
c. Employee rewards vary little from person to person and are based on individual performance differences.
d. Employee rewards vary significantly from person to person and are not much based on individual performance differences.
Answer:
A
Explanation:
Employee rewards vary little from person to person and are not much based on individual performance differences.
The entitlement approach is defined as the performance-driven culture, in which the management style changes and shifts from a rearview mirror perspective.
The correct answer is:
Option A. Employee rewards vary little from person to person and are not much based on individual performance differences.
The performance-driven organizational culture can be explained as:
1. The change in the management style from retrospective to be more focused on the financial perspective to balance the leading performance and weak signals to seek growth and attention.
2. It reflects a working environment, where success, growth, and efforts are acknowledged and rewarded. Rewards are not necessarily financial.
3. The strategy describing the organization that stresses the performance of the individual and its operating policies.
Thus, the correct answer is Option A.
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When preparing the selling and administrative expense budget, there is no need for a merchandising company to separate mixed costs into the fixed and variable components.A. True
B. False
Answer:
B) False
Explanation:
When you are preparing a budget for any of the company's departments, you have to separate fixed and variable costs.
For example, salespeople are usually paid a low fixed sum and a commission based on their total sales. Administrative expenses are not always fixed, most of them should be fixed, but some bonuses and other expenses might vary depending on the company's performance.
Which of the following best describes the current ratio?
a. debt ratio
b. operating performance ratio
c. liquidity ratio
d. efficiency ratio
Answer:
c. liquidity ratio
Explanation:
Liquidity means having cash or access to cash readily available to meet obligations to make payments.
For the purpose of ratio analysis, liquidity is measured on the assumption that the only sources of
cash available are:
Cash in hand or in the bank, plus
Current assets that will soon be converted into cash during the normal cycle of trade.
It is also assumed that the only immediate payment obligations faced by the entity are its current liabilities.
There are two ratios for measuring liquidity:
Current ratio
Quick ratio, also called the acid test ratio.
Based on the above discussion, the answer is c. liquidity ratio
Answer:Your answer would be C liquidy ratio
Hope this helps! :-)
:
Which of the following practices would indicate that an employer is trying to overcome a moral-hazard problem with his employees?
a) The employer pays his workers wages that are unusually high for the industry and region.
b) The employer pays his employees year-end bonuses depending on how well the business does and his observations of the employees’ efforts.
c) The employer has voluntarily removed video cameras from the factory floor.
d) Both A and B are correct.
Answer:b) the employer pays his employees year end bonus according to how the business does and his observation of the employees efforts
Explanation: The best payment system to overcome moral- hazard problem by employers is to pay by piece rates.
Piece rates or payment by result system is a payment system where employees are paid in proportion to the efforts and the overall business performance. With this system both employees and employers will be satisfied with the outcomes and will in turn prevent any suspicions from the employees since the system is clearly understood by both parties and a mutual relationship we be created.
When a $1000 bond is initially sold at 5 percent "coupon" yield for 30 years, $50 (.05 x $1,000) interest per year is paid to the buyer of the bond. However, if interest rates decrease to 4 percent for similar bonds issued later on, then the market price of the initial bond will _________________ ..
Answer:
Increase.
Explanation:
We know,
Coupon rate > yield to maturity = Premium or > Market price
Here,
Coupon rate = 5%
Interest rate or YTM = 4%
From the formula,
We can say that as the coupon rate is greater than YTM, the market price of a $1000 issued bond will be increased. We can say that the bond is selling at a premium price because the interest rate is decreasing.
One factor that is usually higher in less developed countries (LDCs) than in developed countries is _____.
Answer:
D) infant mortality
Explanation:
Infant mortality rate (IMR) is a ratio that measures how many infants (children under one year of age) die for every 1,000 live births. The IMR serves as an indicator of how healthy a country's population is.
The countries with the highest IMR are Afghanistan, Somalia, Central African Republic. While the countries with the lowest IMR are Japan, Iceland and Singapore.
In recent years debit cards have become popular. Debit cards allow the holder of the card to pay a merchant for gods and services directly from a checking account. How do you think the introduction of debit cards affected the amount of currency in the economy? How about the amount of checking account deposits.
Answer:
Debit cards are assigned to checking accounts, and since they have become more popular, the amount of currency in the economy has decreased while the amount of checking account deposits has increased.
Explanation:
Actual currency (bills and coins) and checking accounts are part of the M1 category of the money supply, since both are considered completely liquid.
Determine which of the following bags of chips of comparable quality has the lowest per-unit cost and, thus, is the best buy.A. Brand A, 8 oz. bag for $3.60
B. Brand B, 10 oz. bag for $3.90
C. Brand C, 16 oz. bag for $6.50
D. Brand D, 1 oz. bag for $0.59
Answer:
B. Brand B, 10 oz. bag for $3.90
Explanation:
The lowest per unit cost of different brands can be calculated using the following formula
Cost per oz=Cost per bag/number of oz in that bag
Brand A Cost per oz=3.60/8=$0.45
Brand B Cost per oz=3.90/10=$0.39
Brand C Cost per oz=6.50/16=$0.406
Brand D Cost per oz=0.59/1=$0.59
So the answer is B. Brand B, 10 oz. bag for $3.90