Answer:
Rate of ashma 2015 6,92%.
it is reduced as estimated in 1,08% over population
Explanation:
City 50.000,00
Cases of Ashma 3.460,00
Rate of ashma 2015 6,92%
Rate of ashma 8%
Popultaion 10.000,00
Estimate 800,00
Estimate cases of ashma 4.000,00
A cost-cutting project will decrease costs by $37,400 a year. The annual depreciation on the project's fixed assets will be $4,700 and the tax rate is 34 percent. What is the amount of the change in the firm's operating cash flow resulting from this project?
Answer:
What is the amount of the change in the firm's operating cash flow resulting from this project?
26018
Explanation:
Change in operating cash flow =37000*(1-0,34)+(4700x.34)
=24420 + 1598
=26018
_______________ is a cost-effective way that many companies outsource the production of goods, such as clothing, shoes, and cell phones. The domestic firm contracts with a foreign company to produce and private-label the goods, because the price is much cheaper than the domestic firm could produce in its' home market.
Franchising
Foreign direct investment
Contract manufacturing
Exporting
Answer:
Contract manufacturing
Explanation:
A contract manufacturer is a company for parts or product lines that contracts with a corporation. It's an subcontracting type.
Businesses can make profit by collaborating with a supplier who already understands the production process, may have specialized in the suitable machinery and operates comparable but non-competing products in their plant in order to benefit from efficiency gains.
The purpose of the ____ is to define the scope of the CP operations and establish managerial intent with regard to timetables for response to incidents, recovery from disasters, and reestablishment of operations for continuity.
Answer:
The answer is Contingency Planning Policy.
Explanation:
A Contingency Planning Policy is a set of activities that are established to be performed in the case of any interruption or obstruction to the normal operations of a company. It looks to mitigate the impact on any unexpected events by taking action based on the Contingency Plans (CP) laid out by the company.
This policy is covers the communication between the management and plan development departments in regards to roles & responsibilities, allocation of resources, coverage & response times to incidents and the re-establishment of operations. All of this in order to get the company back on track and allowing themselves to reach their organizational goals.
The Ricardian equivalence theorem states that
A. an increase in the government budget deficit has no effect on aggregate demand.
B. tax decreases and government spending increases have equivalent effects on aggregate demand.
C. increase in tax rates will reduce work effort, and thus there will be no effect on output or aggregate demand.
D. direct and indirect crowding out has the same effect on aggregate demand.
Answer: The Ricardian equivalence theorem states that : "A. an increase in the government budget deficit has no effect on aggregate demand."
Explanation: Ricardian Equivalence establishes that when the government increases the expenses financed with debt to try to stimulate the demand, this increase of the expenses does not produce any change in the demand.
This happens because the increases in the public deficit will be higher taxes in the future. Therefore, taxpayers reduce their consumption and increase their savings in order to offset the cost that will be the future tax increase.
The Ricardian equivalence theorem suggests that an increase in the government budget deficit does not affect aggregate demand because private savings offset government savings changes. Thus, no shift in national savings occurs. The correct answer to the question is A. an increase in the government budget deficit has no effect on aggregate demand.
This statement aligns with the Ricardian equivalence theorem, which posits that any increase in government borrowing leads to an equivalent increase in private savings. This offset means that overall national savings remain unchanged, resulting in no effect on aggregate demand or investment. According to this theory, people anticipate future taxes to pay off the government debt and save accordingly, neutralizing the effects of government fiscal policy.
To summarize, Ricardian Equivalence suggests the following:
The timing of taxes is irrelevant.If government spending does not change, then tax cuts or increases have no significant effect on the economy.This means that shifts in government borrowing or saving are perfectly offset by adjustments in private savings, resulting in no change in aggregate demand.
Which of the following best represents fraud related to financial reporting?
a. The controller of the company decreases warranty expense by $3 million because the company will otherwise miss analysts' expectations this quarter
b. The accounts receivable clerk covers up the theft of cash receipts by writing off older receivables without authorization
c. The in-house attorney receives payments from the French government for negotiating the development of a new plant in Paris
d. The transfer agent issues 40,000 shares of the company's stock to a friend without authorization by the board of directors
Answer:
a. The controller of the company decreases warranty expense by $3 million because the company will otherwise miss analysts' expectations this quarter.
Explanation:
Financial reporting compliance as stated by US GAAP clearly mentions that the accounts prepared shall show true and fair view.
By the term true and fair view it means all the amount provided in the books are accurate, and reliable.
Here, in the given instance the warranty expense is under disclosed, that is the amount shown is less than actual just to meet the analyst's expectations.
Other options like, option b clearly does not represent any unfair amount, it just shows the reason false, for fair balances.
There is no problem in option c.
There is no financial reporting fraud in option d.
Therefore, correct answer is
a. The controller of the company decreases warranty expense by $3 million because the company will otherwise miss analysts' expectations this quarter.
Celestin Manufacturing Company incurred $5,000 of depreciation on its manufacturing equipment during its first year of operation. During this year the company made 2,500 units of product and sold 2,000 units of product. Based on this information alone the company would show Multiple Choice
A. $5,000 of depreciation expense on its income statement.
B. $4,000 of cost of goods sold expense on its income statement.
C. $5,000 of inventory on its balance sheet.
Answer:
A. $5,000 of depreciation expense on its income statement.
Explanation:
Assuming the company uses straight line method of depreciation, then cost of depreciation is $5,000 each year.
Now, under the income statement as per GAAP, the cost of goods sold only includes the direct cost associated with manufacturing the product.
It does not included fixed cost like depreciation.
As the depreciation is fixed and does not depend on number of units produced and sold, the depreciation to be charged in income statement = $5,000.
Therefore, the correct option is
A. $5,000 of depreciation expense on its income statement.
Celestin Manufacturing Company would show $5,000 of depreciation expense on its income statement. This is a consequence of the equipment use necessary for business operations.
Explanation:The correct answer would be A. $5,000 of depreciation expense on its income statement. Depreciation is the cost of using an asset over its useful life, and it is usually spread over that life. For a manufacturing company like Celestin, the use of manufacturing equipment is a necessary part of doing business and hence the depreciation is considered an ordinary business expense. The depreciation of the manufacturing equipment should indeed appear as an expense of $5,000 in the company's income statement. It is unrelated to the number of units produced or sold.
The amount of units manufactured or sold will only impact the cost of goods sold (COGS) and inventory, but that depends on several other factors besides depreciation, like material costs and labor costs, which aren't given in the question.
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Websites, such as Craig's List and eBay, function as middlemen by a. increasing the costs associated with matching sellers and buyers. b. decreasing the volume of internet trade. c. increasing the efficiency in matching sellers and buyers. d. increasing the amount of time it takes for buyers to locate sellers.
Answer:
The correct answer is c. increasing the efficiency in matching sellers and buyers.
Explanation:
These websites increase the efficiency of matching sellers and buyers by using algorithms that translate the preferences of the parties concerning their interests. Based on these data, the pages manage to reduce the search time between buyers and sellers.
This service is essential for both parties since they achieve their objectives by having their options pre-selected.
Have a nice day!
The basic difference between macroeconomics and microeconomics is:
A.microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade.
B.microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms.
C.microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.
D.microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment.
Microeconomics focuses on individual consumers and firms' behavior and their decisions in individual markets. Macroeconomics, whereas, focuses on the performance and phenomena of the entire economy such as national income, unemployment rate, and inflation.
Explanation:The basic difference between macroeconomics and microeconomics can be defined by the scope at which they operate. Microeconomics concentrates on the behavior of individual consumers and firms. It analyzes how decisions are made by these entities and how they interact with each other in individual markets.
On the other hand, macroeconomics focuses on the performance of the entire economy. It looks at the broader picture – observing phenomena like national income, unemployment rate, gross domestic product, growth rate, and inflation, among others.
So, the correct answer is C. Microeconomics concentrates on the behavior of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.
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Microeconomics focuses on the decisions of individuals and firms, while macroeconomics considers the performance of the whole economy. Microeconomics studies the behavior of individual units within the economy, while macroeconomics examines the interrelationships of different sectors in the economy on a holistic level.
Explanation:The essential difference between microeconomics and macroeconomics rests on the scale of study. Microeconomics focuses on the behavior of individual consumers and firms, examining how they make decisions and interact in markets. It studies individual units within the overall economy and how they respond to changes in price, demand, and supply. For instance, microeconomics would analyze how a specific company could maximize its production and capacity, thereby influence its price in the market.
On the other hand, macroeconomics observes the economy as a whole, focusing on larger-scale elements such as a country's Gross Domestic Product (GDP), rates of unemployment, national income, rates of inflation, and more. It evaluates how different sectors of the economy relate to each other and how the economy functions as a whole.
Therefore, answer C: 'Microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy.' is correct.
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When Frank buys his own house, he would like to have a home theater system and a jacuzzi. He plans to save enough money in the next three years so that he can fulfil his wish. Frank's desire for the home theater and the jacuzzi is an example of a(n) _____________.
a) need
b) market
c) want
d) demand
e) prospect
Answer:
c
Explanation:
he wants all of those things
The supply chain function works with marketing to develop planning numbers, such as customer demand and availability of supply, which are needed for effective decision making. This supply chain activity is:
Answer:
Forecasting.
Explanation:
This activity is related to the projecting over time of demand and sales, in order to guarantee availability of inventory. Through this activity, management can have better tools that reflect on a more effective decision making and optimization of resources, information and processes.
A single public utilities company is responsible for supplying electricity for an entire state. As a result, the utilities company can set the price of electricity.
True / False.
Answer: True
Explanation: Because the company is the sole supplier of electricity in this market, they have all the market power. Market power is the ability the company has to manipulate the market by influencing prices, the level of supply it provides and thus the demand within that market. Companies within markets such as these are known as "price makers", because they are able to change prices of their goods without losing market share.
Because the public utilities company is the sole provider of electricity within this market, they have no pressure or competition from other suppliers within the market. Therefore they have the market power to freely charge higher prices by limiting the supply of electricity. Or charge lower prices by over supplying electricity to consumers.
The Bigdrill company drills for​ oil, which it sells for​ $200 million to the Bigoil company to be made into gas. The Bigoil​ company's gas is sold for a total of​ $600 million. What is the total contribution to the​ country's GDP from companies Bigdrill and​ Bigoil
Answer:
The total contribution to the​ country's GDP from companies Bigdrill and​ Bigoil is $600 million.
Explanation:
GDP = market value of the goods and services
= $600 million
Therefore, the total contribution to the​ country's GDP from companies Bigdrill and​ Bigoil is $600 million.
Gaggle Inc. decides to wrongly infringe on Chirp Chirp's patent and establish a similar "knock-off" product because Chirp Chirp is just a small start-up company and they lack the money to litigate in court with Gaggle, Inc.
Gaggle, Inc. is:
A. acting ethically...business is war.
B. Unethically exploiting their power and size in the marketplace.
C. Ethically using the civil legal system just like everyone else.
D. Ethically challenging the role of patent rights in society
E. None of the above
Answer:
B. Unethically exploiting their power and size in the marketplace.
Explanation:
Infringing upon a patent in this way breaks the ethical barrier. Gaggle Inc. not on builds the knock-off product but does so because they realize that Chirp Chirp does not have the financial capability to fight them. If both companies were of a similar stature Gaggle Inc. would not have done this as they would be penalized after legal proceedings.
Gaggle Inc. is acting unethically by infringing on Chirp Chirp's patent, as they exploit their market power and disregard legal intellectual property protections.
Gaggle Inc.'s decision to infringe on Chirp Chirp's patent and produce a similar product, despite knowing it is wrong, is unethical. This behavior exploits power and size in the marketplace and undermines the legal protections of intellectual property. A patent is intended to protect inventors and encourage innovation by giving them the exclusive right to market their inventions for a period of time. By infringing on this patent, Gaggle Inc. is not only acting unethically but also potentially engaging in illegal activity, disregarding the economic rights of Chirp Chirp's creators. The argument that business is war does not excuse or ethically justify the infringement of patent rights.
Economic decisions are made at every level in society. When we try to decide which production method to use among several alternatives, which of the following key economic questions are we trying to answer?
Answer: How to produce ?
Explanation: This question relates to the problem of choosing between labor intensive and capital intensive technique for the process of production.
This questions makes economists analyze what factor of production is relatively cheap, that is, capital or labor. If the capital is cheap then production should be done using capital intensive technique.
Otherwise, if the labor is easy and cheap to get than labor intensive technique should be adopted.
In a contingent contract
A. monitoring is not possible.
B. the principal will be at a disadvantage.
C. the payoffs are dependent upon another variable, such as revenue or profit.
D. the risk neutral party bears the risk.
Answer:
C. the payoffs are dependent upon another variable, such as revenue or profit.
Explanation:
Contingent contracts are one of the types of contracts in which the promisor offers the responsibility only when the distinct conditions are satisfied. It works on the occurrence or non-occurance of the specific event. It relies on the happening of an unpredictable event. The contingent contract becomes void in the case when the happening of the event grows impossible.
In their financial statements, Gordon Electronics groups all their current assets together, all their property, plant, and equipment together, all their current liabilities together, all their long-term liabilities together, and all their stockholders’ equity together. This is an example of
A. classified balance sheet.
B. complete income statement.
C. complete balance sheet.
D. classified income statement.
Answer:
A. classified balance sheet.
Explanation:
Balance sheet: The balance sheet comprises of the assets and the liabilities.
The assets are further divided into current assets, tangible assets, and intangible assets whereas the liabilities are also further divided into current liabilities, long term liabilities, and shareholder equity.
It is made on a specific date. The purpose of the balance sheet to analyze the financial position, performance, profitability of the organization.
In the given question, the assets are classified into further parts whereas the liabilities are also classified into further parts. So, the grouping of each item is called a classified balance sheet.
A consumer will often turn to one of her formal or informal _______ groups for advice and guidance on acceptable beliefs, attitudes, and consumer behaviors. This group might be colleagues at work, team members on sports team, or a club in which she is a member.
Answer:
Reference.
Explanation:.
Reference group-people to whom an individual looks as a basis for self appraisal or as a source of personal standards.
In other words, a reference group is any person or group that serves as poitnof comparison (or reference) for an individual in forming either general or specific values, attitudes, or a specific guide for behavior.
These groups place no restrictions on group size or membership,
From a marketing perspective, reference groups are groups that serve as frames of references for individuals in their purchase or consumption decisions.
Clay, "a production manager, believes that some of his workers are unhappy with their job, so they are not working as hard as they could be. Which principle should Clay apply"
Answer:
The answer is: Develop a positive work culture
Explanation:
Ever since the Hawthorne experiments by Elton Mayo way back in the 1920´s it has been proved over and over again that happy and positive employees are more efficient, have lower staff turnover, are more creative, etc.. Simply they are better workers.
It is not always easy to achieve the goal of a happy working environment and there is no formula for doing so. Management knows the benefits (better recruitment, worker loyalty, higher job satisfaction, more job collaboration, better morale, less stress, better work performance, etc) but not everyone can make it happen.
Some ideas about how to make a positive work culture include:
Let every employee know the vision of the company and the values the company stands for. Hire the right people.Make employees feel part of the unique story of the organization. The company must practice its values. Create a work environment were employees can connect with each other not only for working reasons but also on informal levels. And many more that can be unique for every company (i.e. Google is famous for offering its employee lots of perks)Clay should apply Theory X to address potential worker dissatisfaction by focusing on incentives and recognition to improve productivity, based on McGregor's theories. Employee satisfaction and productivity are improved when rewards align with efforts, as per research.
The principle that Clay should apply in this situation is Theory X. Theory X, as identified by McGregor, suggests that managers who believe employees are lazy and need to be controlled through threats or punishments will create rigid work environments. Employees under Theory X are assumed to lack ambition and initiative.
This theory contrasts with Theory Y, which presents a more positive view of employees' attitudes and behaviors, assuming they are motivated and enjoy work. Applying Theory X, Clay should consider addressing potential dissatisfaction among workers by focusing on incentives, recognition, and clear expectations to improve productivity.
Workers tend to be happier and more productive when they perceive their efforts are adequately rewarded, as stated by research. Creating a work environment that aligns rewards with employees' efforts can lead to increased job satisfaction and performance.
As compared to U.S banks, foreign banks are less regulated and have fewer restrictions concerning the types of business activities they can pursue. Therefore, foreign banks often engage in numerous aspects of multilayer financial deals. True or False
Answer:
The correct answer is True.
Explanation:
Sometimes more than one institution regulates and supervises the credit market (of banks and other credit institutions). For example, US banking It is regulated by a large number of institutions, because it distinguishes between different types of credit institutions, and because there are regulations both at the state and federal levels. Thus, among others are the Federal Reserve System (Fed), the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision.
In addition, there are also associations of financial regulatory authorities. In the European Union, there are the European Committee of Securities Regulators (CERV), the Committee of European Banking Supervisors (CESB) and the European Committee of Insurance and Pension Funds Supervisors (CESPJ), which are level 3 committees of the European Union in the Lamfalussy process. And, worldwide, there is the International Organization of Securities Commissions (UCITS).
f the crowding-out effect is complete, then an increase in government spending of $100 billion will generate how much more real national income? (Assume a marginal propensity to save of .25.)
Answer:
An increase in gevernment spending of $100 billion will generate $400 billion more real national income.
Explanation:
the multiplier = 1/(marginal propensity) = 1/(0.25) = 4
increase in real national income = $100 billion×4
= $400 billion
Therefore, An increase in gevernment spending of $100 billion will generate $400 billion more real national income.
A business renders services to a client and issues a sales invoice. The amount will be collected from the customer at a later time. Which of the following is true at the time the invoice is issued?
a) net income will increase
b) total liabilities will increase
c) total assets will decrease
d) equity will decrease
Answer:
a) net income will increase
Explanation:
According to my research on different financial processes, I can say that based on the information provided within the question in this situation net income will increase. This is because at the time the sales invoice is issued, the client has not paid. Therefore once he pays in the future the business will receive that money and in term cause the net income to increase. Net income is what remains of a company's revenue after subtracting all costs, in other words the earnings of the business.
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Answer:
Option d) equity will decrease
Explanation:
The value of goods and services have a certain shelf-life. In other words, the goods have their highest value whilst they are on the shelves or before the invoice is issued out. This is the equity of the property or services. However, as soon as that invoice is written down, the value of the goods will not be equal, in some cases, to how they were a few days ago. Here is an example:
When someone's house is worth $ 200 000 and the person owes the back $ 180 000. The house has an equity of $ 20 000.
How is earnings per share calculated? A : Divide net revenue by average common shares outstanding. B : Divide net income by average common shares outstanding. C : Subtract operating expenses from gross profit and divide by average common shares outstanding. D : Subtract preferred dividends from net income and divide by average common shares outstanding.
Answer:
D : Subtract preferred dividends from net income and divide by average common shares outstanding.
Explanation:
This ratio is call Earning per share or Net Income per share measures the amount of net income earned per share of common shares outstanding, after profits distribution to preferred shares. Preferred dividends are set-aside for preferred shares, so don’t belong to common shares.
The formula is:
Earnings per Share= ((Net Income - Preferred Dividends) )/(End of Period Common Shares Outstanding)
Earnings per share is calculated by subtracting preferred dividends from net income and dividing by the average common shares outstanding. The correct answer is option D.
The correct method for calculating earnings per share (EPS) is to subtract preferred dividends from net income and divide by the average common shares outstanding.
To provide an example, let's say a company had a net income of $500,000 with $100,000 paid in preferred dividends and an average of 200,000 common shares outstanding. The EPS calculation would be ($500,000 - $100,000) / 200,000, which equals $2.00 per share.
Once the EPS is determined, it can be used to calculate the Price-to-Earnings (P/E) ratio by dividing the current market price per share by the EPS. If the current stock price is $20.00 per share and the EPS is $2.00, the P/E ratio would be 10. This means it would take 10 years of earnings to cover the cost of one share, assuming the earnings remain constant.
In understanding how companies use earnings, it is important to note that they may choose to reinvest profits back into the company or distribute them as dividends to shareholders. Depending on the company's strategy, this can affect both the share price and the amount shareholders earn from dividends, representing the return on investment (ROI).
Omega Manufacturing employs some of the top professionals in its field, and because of their skills and experience, Omega is highly efficient and outperforms its competitors. Omega Manufacturing has a(n) ________ over its competition.
Answer:
Omega has a competitive advantage over its competition.
Explanation:
Competitive advantage involves factors which put a company in higher position compared to the competitors. It also referred to as competitive edge. There are types of competitive advantage which include cost, differentiation, and people. Omega manufacturing falls under the third category as it has gained a competitive edge by investing in top professionals in order to give a cut-throat competition to the rival companies.
Sally Mitchell works as a manager at an environmental organization. She is currently working on a global warming project and decides which tasks related to creating awareness about the issue need to be done. In addition, she is also deciding which members of her team will work on engaging with the public and which will work on lobbying with the government. She is also assigning people as team members to ensure that tasks are undertaken on time. Which of the following categories of functions is Mitchell undertaking?
A) planning
B) organizing
C) scrutinizing
D) controlling
E) envisioning
Answer: Organizing
Explanation: Organizing is the process of establishing authority within the organisation so that the operation could be performed efficiently. It can also be defined as the process under which a single work is divided among different individuals.
In the given case, Mitchell is assigning people work as per their qualities and is also establishing authority relationships.
Thus, we can conclude that Sally is performing organizing function.
_____ constitute one of the most important elements of internal control, including separating responsibilities for related operations. A. Control procedures B. Risk assessment activities C. Risk monitoring procedures D. Information and communication activities
Answer:
A. Control procedures
Explanation:
Internal controls are the mechanisms, rules, and procedures implemented by a company to ensure the integrity of financial and accounting information, promote accountability and prevent fraud.
Jones Co. borrowed money that is to be repaid in 12 years. So that the loan will be paid back at end of the 12th year, the company invests $8,000 at end of each year at 5% compounded annually. The amount of the original loan was :
a. $127,336.80
b. $70,905.60
c. $127,636.80
d. $70,950.60
Answer:
The amount of the original loan was :
b. $70,905.60
Explanation:
Loan Amount 70.905,60
Annual Interest Rate 5,00%
Term of Loan in Years 12
First Payment Date 31/10/2018
Payment Frequency Annual
Compound Period Annual
Payment Type End of Period
Annual Payment 8.000
Lucia and Kenji need to decide which one of them will take time off from work to complete the rather urgent task of shearing their llamas. Lucia is pretty good with a pair of shears; she can shear the llamas in 1 hour. Kenji is somewhat slow; it takes him 4 hours to shear the llamas. Lucia earns $120 per hour as a psychiatrist, while Kenji earns $20 per hour as a cobbler.
Keeping in mind that either Lucia or Kenji must take time off from work to shear the llamas, who has the lowest opportunity cost of completing the task?
a. Lucia and Kenji face identical opportunity costs
b. Kenji
c. Lucia
Final answer:
Kenji has the lowest opportunity cost of shearing the llamas because he would forgo $80, compared to Lucia's $120, in lost earnings from their respective jobs.
Explanation:
To determine who has the lowest opportunity cost of shearing llamas between Lucia and Kenji, we must consider how much income each would forgo by not working their regular job. Lucia earns $120 per hour and can shear the llamas in 1 hour, so her opportunity cost is $120. Kenji earns $20 per hour and takes 4 hours to shear the llamas, which makes his total opportunity cost $80 ($20 per hour multiplied by 4 hours).
Therefore, Kenji has the lowest opportunity cost of shearing the llamas because he would forgo less in terms of lost earnings from his job compared to Lucia. The answer to the question is b. Kenji.
As the chief executive officer of Hayden Corp., Kim found an effective way to reward high-performing employees and boost their morale during an economic downturn. Which of the following management functions was Kim engaged in?
a. Planning
b. Organizing
c. Leading
d. Controlling
Answer:
c. Leading
Explanation:
According to my research on the different management functions, I can say that based on the information provided within the question the management function that Kim is engaged in is called Leading. This is the act of a manager influencing or motivating his/her employees so that they perform at optimal capacity in order to achieve the organizational goals. Which is what Kim is doing by looking for a way to reward the best employees.
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Kim, as the CEO, was engaged in the management function of leading by finding ways to reward high-performing employees and boost morale.
Explanation:As the chief executive officer of Hayden Corp., Kim's engagement in finding an effective way to reward high-performing employees and boost their morale during an economic downturn aligns with the management function of leading. Leading involves motivating staff, communicating the company's vision, and leading by example to drive the execution of business strategies. In this context, boosting morale and rewarding employees are actions that fall under the purview of leadership.
Outsourcing companies must accept some loss of control when hiring other organizations to perform certain services. A disadvantage related to the loss of control is that it __________.
Answer:
The correct answer is It is not easy way of exiting the outsourcing agreement
Explanation:
Subcontracting is a business process through which a company transfers responsibility for its external tasks to another company specialized in that task.
The subcontracted company is one that by means of an agreement with another company (usually called a contractor or client) carries out the performance of certain activities and services. The way in which this commercial relationship develops is usually defined previously by means of a contract. Sometimes the name is used in English, outsourcing.
It is also common to call this type of subcontracted companies as subcontractors or suppliers. Usually outsourcing serves as a very recurring formula when outsourcing the company's activities.
In the globalized business environment in which we currently live, the outsourcing of productive processes is becoming more frequent by outsourcing activities that companies do not consider key to the level of competition and attending to the main activity in which they work.
In that sense, outsourced companies enjoy certain advantages that help them be useful in the market and meet various needs and services instead of other companies.
Four students from your economics class are sitting in a local restaurant discussing the market for coffee. Below are quotes from each of the four students. All of the following quotes are logically correct except one. Which quote indicates incorrect economic analysis?A. Nicholas: "If Brazil is hit hard by such a severe freeze that half of its crop is wiped out, then the price of coffee will probably rise."B. Kendra: "If the price of caffeinated soft drinks such as Mountain Dew went down, then consumer demand for coffee would go down since they're substitutes for each other."C. Sergei: "If the demand for coffee were to increase, then I would expect the price to rise, which would then cause the demand to fall back down to its original position."D. Tasha: "If coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."
Answer:
D. Tasha: "If coffee drinkers expect the price of coffee to rise next month, then current demand will go up and lead to a price increase this month."
This is the only one with incorrect economic analysis
Explanation:
A. is correct because a shortage of supply would drop the price as we can see in the Graph 1 with the supply curve.
B. is correct because if the two goods are substitues then a lower price for caffeinated soft drinks like Mountain Dew would cause the consumer demand for coffe to go down because the consumers would prefer the good with lower price, rising the demand for Mountain dow in detriment of coffe.
C. is correct as we can see in the Graph 1, the increse in the demand would generate a higher price but it would make the demand go back to D1
D. is incorrect because if coffee drinkers consume more coffee this monht the price would lower.
Final answer:
The incorrect economic analysis is Sergei's quote regarding self-correcting demand, which is not representative of actual demand behavior. Other students' quotes about supply shocks, substitute goods, and expectations affecting demand and price are logically correct.
Explanation:
The quote that indicates incorrect economic analysis is from Sergei: "If the demand for coffee were to increase, then I would expect the price to rise, which would then cause the demand to fall back down to its original position." This statement does not reflect the typical behavior of demand because demand and price are not directly self-correcting in this manner. Instead, a price increase occurs when there is a shift in the demand curve, but this does not automatically imply that the demand will fall back to its original level solely because of the price rise.
In the context of coffee market analysis, other quotes are logically correct. Nicholas's statement that a severe freeze in Brazil could wipe out half of the coffee crop and lead to a rise in the price is based on the fact that a decrease in supply, with demand holding constant, will raise the price of coffee. Kendra's point that if the price of substitutes like caffeinated soft drinks decreases, it could lead to a decrease in the demand for coffee is correct; substitutes directly affect the demand for a good. Finally, Tasha's comment that expectations of a future price increase can cause the current demand to rise is accurate because consumers may purchase more now to avoid higher prices later, reflecting consumer behavior towards price expectations.