Business

How can the government reduce the wealth gap in a mixed market economy
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Dreamland Company produces pillows. Each pillow has a variable cost of $8 and fixed costs are $78,000 per month. Each pillow sells for $17. If the company produces and sells 65,000 pillows in February, at this level of activity, total costs per unit are:
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Making sure that the product meets the design specifications during production is referred to as a. quality of design process b. capability fitness for usec. quality of conformance
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Carly could best show the interviewer that she possesses the psychological dimension of the global mindset by discussing: How fluent she is in German and how knowledgeable she is about German literature, film, and music How she was able to build strong, mutually trusting relationships with colleagues at manufacturing facilities in the Ruhr in Germany How much she enjoyed improving her conversational German by living with a host family for one semester in college?
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in the leadershio grid employees preferred which of the following styles?A. time-managementB. country club managementC. middle of the road management D.authority compliance management
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Ocean House must use various metrics to measure the benefits of its human capital in order to determine the effectiveness of its HR practices If Ocean House wants to determine the amount of profit derived from its investments in labor, which of the following measures should it use? a. Human capital return on inrestment b. Human economic value added c. Revenue per employee d. HR audit Replay
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Kayak is a company that allows customers to efficiently search databases to find the best airline and hotel deals all over the Web. Kayak does not make bookings but rather provides recommendations for the best travel plans. Travel providers pay Kayak a commission when customers click through to their sites. Kayak, travelers, the airlines, and the hotels are all part of _________.a. facilitating agencyb. marketing mix intermediaryc. selective promotion channeld. marketing channel or channel of distributione. transportation channel or channel of movement
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Malaya Ramirez is organizing marketing research in Central American countries for a large American corporation that is interested in expanding its market. The survey Malaya is using was written in English and then translated into Spanish for use by Spanish-speaking respondents. Which of the following is it most important for Malaya do before administering this questionnaire to a sample of the market?A) make sure that the survey includes both open-ended and closed-ended questionsB) decide whether to focus on primary or secondary dataC) determine which type of research instrument to useD) have the questionnaire translated back into English to check for accuracyE) determine whether to focus on descriptive or causal objectives
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In a certain economy in 2005, households spent $1,000 on goods and services; purchases of capital equipment, inventories, and structures amounted to $350; government spent $450 on goods and services; and the value of imports exceeded the value of exports by $50. It follows that 2005 GDP for this economy was a $2,100. b $1,850. c $1,950. d $1,750.
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John is the chief operating officer (CEO) at an advertising company. He conducts bi-weekly meetings with his middle managers through which he motivates them and guides them to achieve their targets. Additionally, John also meets new employees once every few months for general discussions and to brief them about the company's policies and goals. In this case, John exhibits characteristics of the _____ function of management to ensure organizational success. a. controlling b. organizing c. planning d. leading
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The use of a differentiation strategy would be expected to be LEAST effective in which of the following markets? a. Commodity goods b. Sporting goods c. Popular music d. Restaurants
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Must such discrimination have been committed by the employer or can the discrimination have been committed by society in general?
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Repurchasing shares near year-end will increase a firm's return on equity (ROE). Select one: True False . g
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_____ is a company's social responsibility to not violate accepted principles of right and wrong when conducting its business.
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According to the law of demandLOADING..., there is an inverse relationship between price and quantity demanded. That is, the demand curve for goods and services slopes downward. Why? A. When price increases, demand decreases. B. When the price of a good increases, consumers' purchasing power decreases, and they cannot buy as much of the good as they did prior to the price change. C. When the price of a good increases, consumers purchase complementary goods that are now relatively less expensive. D. When the price of a good increases, consumers' purchasing power increases, and they can buy more of the good than they did prior to the price change.
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A financing project is acceptable if its IRR is:A. exactly equal to its net present value (NPV).B. exactly equal to zero.C. greater than the discount rate.D. less than the discount rate.E. negative.
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Although estimates vary, it is suggested that 80% or more of the job openings that exist are in the hidden job market. What is the difference between the published job market and the hidden job market?
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An economist at the University of Alaska at Anchorage has been asked to explain why the price of Alaskan crude oil has fallen recently. In order to develop a model, the professor should take which steps?a. Identify the problem, develop a model based on simplifying assumptions and test the model to formulate a conclusion.b. Gather data on crude oil prices and seemingly unrelated variables to look for associations, then formulate a hypothesis based on those unexpected associations.c. Ask people in Alaska why they are not purchasing oil.d. None of these. The oil industry is controlled by a cartel; therefore price changes in the industry cannot be explained using economic theories.
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On January 2, 20X2, Piranha Company acquired 70 percent of Salmon Corporation's common stock for $420,000 cash. At the acquisition date, the book values and fair values of Salmon' assets and liabilities were equal, and the fair value of the noncontrolling interest was equal to 30 percent of the total book value of Salmon. The stockholders' equity accounts of the two companies at the acquisition date are as follows: Piranh Salmon Common Stock ($10 par value) $600,000 $350,000 Additional Paid-In Capital 450,000 50,000 Retained Earnings 250,000 200,000 Total Stockholders Equity $1,300,000 $600,000 Noncontrolling interest was assigned income of $15,000 in Piranh consolidated income statement for 20X2. Based on the preceding information, what amount will be assigned to noncontrolling interest on January 2, 20X2, in the consolidated balance sheet?
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Robert Brown is interested in attending a concert next weekend. Unfortunately, he is scheduled to work. If he finds a substitute for his shift so he can attend the concert, what kind of cost is he incurring?
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Which interest group is thought to run the most effective grass-roots lobbying campaigns? a. National Education Association (NEA) b. American Association of Retired Persons (AARP) c. American Medical Association (AMA) d. American Civil Liberties Union (ACLU)
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Compute the Cost of Goods Manufactured and Cost of Goods Sold for South Marine Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials.
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Alex Meir recently won a lottery and has the option of receiving one of the following three prizes: (1) $64,000 cash immediately, (2) $20,000 cash immediately and a six-period annuity of $8,000 beginning one year from today, or (3) a six-period annuity of $13,000 beginning one year from today. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) 1. Assuming an interest rate of 6%, determine the present value for the above options. Which option should Alex choose? 2. The Weimer Corporation wants to accumulate a sum of money to repay certain debts due on December 31, 2030. Weimer will make annual deposits of $100,000 into a special bank account at the end of each of 10 years beginning December 31, 2021. Assuming that the bank account pays 7% interest compounded annually, what will be the fund balance after the last payment is made on December 31, 2030?
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Tobacco companies did not resist the advertising ban instituted in 1970 because they actually increased profits by not being allowed to advertise. This ban forced these companies to abandon their dominant strategy of advertising and wind up at a cooperative outcome of not advertising. Prior to the ban, the tobacco companies were involved in playing:_______.a. a pure coordination game.b. an assurance game.c. a prisoner's dilemma game.d. a battle of the sexes game.
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