Answer:
The answer is autonomy (Option D)
Explanation:
Autonomy in human resource management refers to the level or degree of discretion and freedom which an employee is permitted to exercise when performing his/her job. In other words, it means granting employees the freedom on how to approach work.
A manager or superior like Margie (in the question) who gives employees autonomy simply gives minimal instruction on what needs to be achieved but allows the employees to go about the job in ways that best suit them.
Jameson works for fishy-mart corporation, a chain of superstores that sells large quantities of seafood. his job is to locate future sites for fishy-mart stores. jameson finds a piece of real estate near a coastline that would make a great site for a fishy-mart store. he asks his friend to purchase the property from its current owner and has a secret agreement with his friend to split the profits when he sells the property to fishy-mart. jameson, without disclosing his interest in the property, recommends the site to fishy-mart, which then purchases the property from jameson's friend. the friend splits the profits with jameson. what breach of the duty of loyalty has jameson committed
Answer:
The options are given below:
A) usurping a corporate opportunity
B) self-dealing
C) competing with the corporation
D) proxy
The correct option is B. Self-dealing.
Explanation:
Self-dealing is a phenomenon whereby a fiduciary acts in his/her own best interests in a transaction rather than in the best interest of his/her clients. It is a representation of a conflict of interest and is considered an illegal act, which can lead to litigation, penalties, and termination of employment of those involved.
An example of self-dealing is given in the question above, another example is when an officer in a company would only award a contract to a vendor based on the condition that the vendor must provide an internship to the officer's son.
In summary therefore, self-dealing generally involves an individual benefiting — or attempting to benefit — from a transaction that is being executed on behalf of another party.
Brett, a marketing associate at Brix Inc., got stuck in a massive traffic jam while commuting to work. Consequently, he missed an important meeting with a potential client. Ethan, his manager, was furious. He assumed that Brett missed the meeting because he was irresponsible and lazy. In this scenario, Ethan's perception of Brett represents a _____.
Answer:
c)fundamental attribution error
Explanation:
It can be said that in the scenario described in the question above, Ethan's perception of Brett represents a fundamental attribution error.
This is a concept of social psychology that analyzes and describes the behavior of individuals to overestimate the personal characteristics of certain people in order to obtain a result and not to observe and ignore the whole context of the situation, as was the case in the question, as Ethan ignored the context of the situation that caused Brett to be late, who got stuck in traffic and assumed that he missed the meeting because he was irresponsible and lazy.
The balance sheet approach for determining expatriate compensation adjusts the manager's compensation so that it gives the manager the same standard of living as in the home country plus extra pay for the inconvenience of locating overseas.A. TrueB. False
Answer:
True
Explanation:
The balance sheet approach for determining expatriate compensation adjusts the managers' compensation so that it gives the manager the same standard of living as in the home country plus extra pay for the inconvenience of locating overseas.
Globotech created its own continuing education program that offers eligible employees full tuition to pursue continuing education related to their roles at the company. It also created a scholarship program to help employees send their children to college. These programs exemplify the company's:________.
A. ethics, principles, and values.
B. financial viability.
C. compliance with legal and regulatory requirements.
D. corporate citizenship.
E. philanthropic activities.
Answer:
E. philanthropic activities
Explanation:
Philanthropic activities -
It refers to the the type of task or activity, which is equivalent to a charity or social work done on large scale, is referred to as philanthropic activities.
The activities are done an individual or the organisation for the betterment of the people living in the society and to nature.
The activities function only for social issues and ignore their profit while helping other.
Hence, from the given scenario of the question,
Globotech is helping the children to get better education and scholarship, thereby, exemplifying the company's philanthropic activities.
Final answer:
Globotech's education programs for employees and their children exemplify its corporate citizenship, demonstrating a commitment to ethical principles and community contribution.
Explanation:
The programs created by Globotech that offer full tuition for continuing education to employees and scholarships for their children's college education are examples of the company's corporate citizenship. This demonstrates the company’s commitment to acting responsibly towards its employees and their families, aligning with ethical principles and contributing to the broader community. Establishing such programs can help cultivate a moral climate within the company, increasing employee satisfaction, commitment, and ethical behavior, as supported by organizational behavior research.
As a part of ford's sponsorship package, the company received a commercial between every other commercial break during a televised baseball game. the number of times the commercial was shown refers to its _____. frequency reach aida model unique selling proposition direct marketing
Answer:
Frequency
Explanation:
AIDA is an acronym that stands for attention, interest, desire and action. The model demonstrates the perceptible stages of mind, a consumer goes through during the consumer buying process.
Attention refers to attracting a target group's attention. It refers to the content of the advertising message which arouses attention of the prospect.
Interest refers to sustenance and maintenance of the attention created in the first step. Herein, the benefits and different uses of the products are emphasized.
Desire refers to the stage when the prospect's interest in the product transforms into desire for purchase. Here, the marketer distinguishes his products from those of the competitors and the reason prospect shall consider buying them.
Action refers to the stage wherein the desire is acted upon by the prospect and finally the purchases are made. This means such activities should induce the purchase action from the prospect.
In the given case, the company received commercial between every commercial break during a televised game. The number of times the commercial is shown denotes it's frequency.
Which of the following is true about e-mail marketing messages? A. E-mail marketing messages cost more per thousand people reached than mass media such as television or magazines. B. E-mail marketing messages are effective in reaching the desired target market and result in low costs. C. E-mail marketing messages create a stronger emotional connection with the customers compared to traditional direct mail. D. E-mail marketing messages involve connecting directly with carefully targeted consumers, exclusively on a one-to-one, interactive basis.
Answer:
B. E-mail marketing messages are effective in reaching the desired target market and result in low costs.
Explanation:
E-mail marketing is the act of sending customised mail advertising a product or service through the email address of targeted people.
Most times, corporate business or individual business owners form a mailing list from asking potential customers to input their email addresses for updates about the particular product or service.
This method of marketing is very effective because it is aimed at a target audience and is low cost. Each person that receives the advertising mail was at once point or another interested in that particular product or service. So, the mails don't get sent to people that have no interest in such product or service and because the audience is a target audience and in a mail listing, the cost is relatively cheap.
Final answer:
The option that states that E-mail marketing messages are effective in reaching the desired target market and result in low costs will be correct which is Option B.
Explanation:
The correct answer is B. E-mail marketing messages are effective as they help to reach the desired target market and result in low costs.
E-mail marketing messages have several advantages compared to mass media such as television or magazines. Firstly, e-mail marketing allows for targeted messaging, meaning that you can send personalized messages to specific individuals or groups of people who have expressed interest in your product or service. This helps ensure that your message reaches the right audience. Secondly, e-mail marketing is relatively inexpensive compared to mass media. Sending e-mails does not require printing, postage, or other traditional advertising costs, making it a cost-effective option for businesses.
The Shannon Community Kitchen provides hot meals to homeless and low-income individuals and families; it is the organization's only program. It is the policy of the community kitchen to use restricted resources for which the purpose has been met before resources without donor restrictions. The Kitchen had the following revenue and expense transactions during the 2020 fiscal year.
1) Cash donations without donor restrictions of $25,000 were received. A local philanthropist also contributed $3,000, which was to be used for the purchase of Thanksgiving dinner foodstuffs.
2) A local grocery store provided fresh produce with a fair value of $100. The produce was immediately used.
3) The Kitchen received a $5,000 federal grant for the purchase of institutional kitchen appliances.
4) At Thanksgiving time, the Kitchen spent $4,100 on foodstuffs for preparation of the Thanksgiving dinner.
Answer:
THE SHANNON COMMUNITY
KITCHEN GENERAL JOURNAL
Particulars Debits Credits
1.CASH DEBIT 28,000
CONTRIBUTIONS—UNRESTRICTED Credit 25,000
CONTRIBUTIONS—TEMPORARILY RESTRICTED Credit 3,000
2.PROGRAM EXPENSES Debit 100
CONTRIBUTIONS—UNRESTRICTED Credit 100
3.CASH Debit 5,000
CONTRIBUTIONS—TEMPORARILY RESTRICTED Credit 5,000
4.PROGRAM EXPENSES Debit 4,100
CASH Credit 4,100
Explanation:
Suppose the Fed decides it needs to pursue an expansionary policy. Assume people hold no cash, the reserve requirement is 50 percent, and there are no excess reserves. Show how the Fed would increase the money supply by $1 million through open market operations. Instructions: Enter numeric responses as whole numbers. Because the current money multiplier is , the Fed would $ worth of bonds, the monetary base and so increasing the money supply by $1 million.
Answer:
Because the current money multiplier is 2, the Fed would BUY $500,000 worth of bonds, INCREASING the monetary base and so increasing the money supply by $1 million.
Explanation:
if the Fed wants to increase the money supply by $1 million, then it would need to purchase US securities worth $500,000. The formulas used to calculate the impact of the Fed's operations are:
increase in money supply = additional funds x money multiplier
money multiplier = 1 / reserve ratio = 1 / 50% = 2desired increase in money supply = $1 million$1,000,000 = additional funds x 2
additional funds = $1,000,000 / 2 = $500,000
Your company's sales and marketing management team does a very good job of extracting competitive advantages from the firm's marketing channels. a key to this success is the comprehensive marketing channel review that is done annually to ensure all aspects of the channel strategy are working harmoniously and effectively. in this annual review, all channel elements including channel leadership, channel conflict, channel integration and channel cooperation issues are reviewed and addressed as needed.
Answer:
The question is incomplete. The following part completes the question and answers it as well.
Choose the appropriate marketing channel element (from the drop-down menu) for each of the channel issues:
A critical component in channel cooperation is a precise definition of each channel member's tasks.
During channel integration channel stages are combined effectively, either vertically or horizontally.
Channel leadership may be difficult if the channel captain lacks channel power.
If the role of each channel member has not been specified, then channel conflict may occur.
Because your department has not reached its sales quota, your boss has asked you to change figures to show that sales were higher than they actually were. Which of the following questions is not important as you decide what to do?
- Is the action you are considering legal?
- Are there better alternatives?
- Would family, friends, or coworkers approve?
- What is the best channel of communication to use in
responding to your boss?
The famous singer Jason Lumberpond likes to drive his solid-gold rocket car back and forth in front of his house. The loud noise from the rocket engines imposes a loss equal to $L on his neighbors. There are two possible ways to avoid that loss. Jason can install an expensive muffler, or the neighbors can install soundproofing on their houses. The muffler costs $C and the soundproofing costs $E. Suppose that L > E > C. What outcome maximizes total surplus?
Answer:
The total surplus will be maximized if Jason installs the muffler and the neighbors do not install soundproofing.
Explanation:
First, according to the relationship, L > E > C, since the loss is greater than the cost of either installing a muffler or installing a soundproofing, one of the muffler or the soundproofing must be installed to avert the loss.
Moreover, since it is cheaper to install a muffler than to install a soundproofing, it is more economical to install a muffler provided both serve the same purpose of stopping the loud noise.
The outcome that maximizes total surplus is for Jason's neighbors to install soundproofing on their houses, as it is cheaper than the expensive muffler Jason would otherwise install and effectively mitigates the noise, incurring a lower overall cost and maximizing the benefit for both parties.
To maximize total surplus, we need to consider the costs and benefits for both Jason and his neighbors.
1. If Jason installs the expensive muffler:
- Jason incurs the cost of installing the muffler, C.
- His neighbors avoid the cost of soundproofing, E.
2. If the neighbors install soundproofing:
- The neighbors incur the cost of soundproofing, E.
- Jason avoids the cost of installing the muffler, C.
Given that [tex]\( L > E > C \)[/tex], it's more cost-effective for Jason's neighbors to install soundproofing, as it's cheaper than the muffler and effectively mitigates the noise.
Therefore, the outcome that maximizes total surplus is for Jason's neighbors to install soundproofing on their houses. This minimizes the total cost and maximizes the benefit for both parties, leading to the highest total surplus.
What is the best description of a professional e-portfolio? A collection of digital files that collects, compiles, and highlights your academic achievements over time A collection of digital files that is designed to share with family and friends A collection of digital files that provides a snapshot of a candidate’s talents, accomplishments, and technical skills
Answer:
A collection of digital files that provides a snapshot of a candidate’s talents, accomplishments, and technical skills
Explanation:
A professional e-portfolio includes more than just your academic achievements, it should include an electronic collection of your professional and personal experiences, highlighting your successful projects and other relevant work and recreational activities.
The greatest benefit of a professional e-portfolio is that it is easier to store and access, and also share with others.
Most home insurance policies cover jewelry for $1,000 and silverware for $2,500 unless items are covered with additional insurance. If $3,800 worth of jewelry and $2,800 worth of silverware were stolen from a family, what amount of the claim would not be covered by insurance? Show your work.
Answer:
$ 3100 loss amount is not covered by insurance.
Explanation:
Amount not covered under insurance = Amount lost - Maximum Insurance Amount
For Jewellery : Jewellery lost - maximum jewellery amount cover = 3800 - 1000 = 2800 For Silverware : Silverware lost - maximum silverware amount cover = 2800 - 2500 = 300So, Total Amount loss not covered = Loss at jewellery + loss at silverware
= 2800 + 300 = $3100
In the given scenario, $3,800 worth of jewelry and $2,800 worth of silverware were stolen. After calculating based on the coverage limits, the total amount not covered by insurance is $3,100.
Most home insurance policies cover jewelry for a specified amount and also have a coverage limit for silverware unless additional insurance is purchased. Given the scenario where $3,800 worth of jewelry and $2,800 worth of silverware were stolen, we need to determine what amount of the claim would not be covered by the standard insurance policy.
Here's the calculation step-by-step:
The insurance covers $1,000 for jewelry. Since $3,800 worth of jewelry was stolen, the amount not covered for jewelry is $3,800 - $1,000 = $2,800.For silverware, the insurance covers $2,500. Since $2,800 worth of silverware was stolen, the amount not covered for silverware is $2,800 - $2,500 = $300.To find the total amount not covered by insurance, we add the not covered amounts for both jewelry and silverware: $2,800 (jewelry) + $300 (silverware) = $3,100.Therefore, the total amount of the claim that would not be covered by the insurance is $3,100.
Truzan Creations, one of the leading names in the handicraft industry, recently launched a new artifact in the market. The company uses a database to store information on the number of products manufactured, the weekly sales, the list of suppliers, and the profits achieved. The process component of the information system is used to conduct analysis on the data to generate information about sales. Which can be used by Truzan Creations to generate predictions for its next sales period?
Answer:
The options are listed below:
A) Forecasting models
B) Estimation graphs
C) Modeling charts
D) Theoretical hypotheses
The correct option is A
Explanation:
Forecasting models are used in making predictions about future events based on the analysis of past and present data. Forecasting is a tool that is used for decision-making by many businesses in order to help in budgeting, planning, and estimating future growth.
Therefore, in the scenario presented above, in order to generate predictions for its next sales period, by analyzing the data on sales that is present, Truzan Creations will need forecasting models.
Sandhill Co. bought equipment for $600000 on January 1, 2016. Sandhill estimated the useful life to be 4 years with no salvage value, and the straight-line method of depreciation will be used. On January 1, 2017, Sandhill decides that the business will use the equipment for a total of 9 years. What is the revised depreciation expense for 2017
Answer:
yes vvcvf
Explanation:
Emma works as a receptionist at Willoware Inc. As a part of her job, she is responsible not only for attending calls but also for welcoming clients and customers, keeping a record of the visitors, and mediating between visitors and managers. In the context of job design, Willoware Inc. is most likely using _____.
Answer:
Job enlargement
Explanation:
Job enlargement, as the name implies, consists in widening the scope of a job, by adding more related tasks to it.
In this case, Emma's job is not only answering a phone, which is what typically a receptionist does, but also keeping records, welcoming people, and even mediating between visitors and managers, this last task likely requiring a great degree of responsability and social skills.
As a result, the scope of her job is now wider, and she has more tasks and responsabilities to meet.
Practice: True or False 1. Investment spending is spending on financial assets like stocks and bonds F 2. Transfer payments are not counted in the calculation of GDP 3. If the nominal GDP increases then the economy is definitely experiencing inflation 4. An economy is not at full employment unless there is no unemployment 5. Countries that have generous unemployment benefits tend to have higher natural rates of unemployment 6. Lumberjacks are structurally unemployment when they are replaced by machines
Answer:
1. False
2. True
3. False
4. False
5. True
6. True
Explanation:
1. False: Investment spending is spending on financial assets like stocks and bonds.
2. True: Transfer payments are not counted in the calculation of GDP.
3. False: If the nominal GDP increases then the economy is definitely experiencing inflation.
4. False: An economy is not at full employment unless there is no unemployment.
5. True: Countries that have generous unemployment benefits tend to have higher natural rates of unemployment. 6. True: Lumberjacks are structurally unemployment when they are replaced by machines.
Investment spending refers to spending on capital goods, not financial assets. An increase in nominal GDP does not necessarily mean inflation. Full employment does not mean zero unemployment. Countries with generous unemployment benefits often have higher natural unemployment rates. Lumberjacks replaced by machinery are structurally unemployed.
Explanation:1. True. Investment spending refers to money spent on capital goods, not financial assets like stocks and bonds.
2. True. Transfer payments are not counted in the calculation of GDP because they do not involve the production of new goods or services.
3. False. If nominal GDP increases while real GDP stays the same, it implies inflation, but if both nominal and real GDP increase, it indicates economic growth rather than inflation.
4. False. Full employment does not imply zero unemployment. It means that all unemployment is frictional or structural, and not from a lack of overall demand in the economy.
5. True. Countries that have generous unemployment benefits often do have higher natural rates of unemployment because the benefits can reduce the incentive for unemployed individuals to accept new jobs.
6. True. Lumberjacks who are replaced by machines would be considered structurally unemployed, as their jobs are eliminated due to technological changes.
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Dakota corporation 15-year bonds have an equilibrium rate of return of 9 percent. for all securities, the inflation risk premium is 1.60 percent and the real risk-free rate is 3.30 percent. the security's liquidity risk premium is 1.05 percent and maturity risk premium is 1.65 percent. the security has no special covenants. calculate the bond's default risk premium.
Answer:
1.40%
Explanation:
The computation of the default risk premium is shown below:
As we know that
Default risk premium = Required rate of return - risk free rate of return - Inflation premium - liquidity premium - maturity risk premium
= 9% - 3.30% - 1.60% - 1.05% - 1.65%
= 1.40%
By applying the above formula we can get the default risk premium
Final answer:
To calculate the default risk premium for Dakota Corporation's 15-year bonds with a given equilibrium rate of return and other known risk premiums, subtract the sum of the real risk-free rate, inflation risk premium, liquidity risk premium, and maturity risk premium from the total rate of return. The default risk premium is found to be 1.40%.
Explanation:
The student is asking how to calculate the default risk premium for the Dakota Corporation's 15-year bonds. Given that the equilibrium rate of return is 9%, the inflation risk premium is 1.60%, the real risk-free rate is 3.30%, the liquidity risk premium is 1.05%, and the maturity risk premium is 1.65%, the default risk premium can be calculated as follows:
Total return = real risk-free rate + inflation risk premium + default risk premium + liquidity risk premium + maturity risk premium
9% (Total return) = 3.30% (real risk-free rate) + 1.60% (inflation risk premium) + default risk premium + 1.05% (liquidity risk premium) + 1.65% (maturity risk premium)
Therefore, to find the default risk premium:
Default risk premium = Total return - (real risk-free rate + inflation risk premium + liquidity risk premium + maturity risk premium)
Default risk premium = 9% - (3.30% + 1.60% + 1.05% + 1.65%)
Default risk premium = 9% - 7.60%
Default risk premium = 1.40%
Candy Claws Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $19,500 Deposits in transit 900 Notes receivable and interest collected by bank 4,800 Bank charge for check printing 120 Outstanding checks 12,000 NSF check 1,020 The adjusted cash balance per books on August 31 is
a. $11,160.
b. $12,060.
c. $23,160.
d. $24,060.
Answer:
c. $23,160
Explanation:
Adjusted cash balance per books as at August 31
Cash balance per book $19,500
Add Notes receivable and interest collected by bank $4,800
($19,500+$4800) $24,300
Less:(Deposits in transit $900
-NSF check 1,020) ($120)
NSF check (1,020)
Cash balance per books $23,160
An insurance company assesses all employees' current job skills and creates road maps for them outlining the competencies they need to advance within the company. The company then makes sure they get the training they need, including coaching and mentoring, classroom training. This is an example of________.
a) making a career development plan.
b) succession management.
c) re-structuring.
d) ethical assessment.
Answer:
The correct answer is B
Explanation:
Succession management is the term which is defined as the procedure that is systematic to recognize or identify as well as develop or create individuals with the potential to advance to the university. And aiming on the development of the key or vital skills prepare the individuals for the variety of the roles.
This management aims on building the robust leadership map as well as establish the talent benches for the vital positions.
Therefore, the example which is mentioned or stated for the insurance company is of succession management.
In the case when the company get the training so this represent the option b. succession management.
What is succession management?
It refers to the management where the process of identifying or creating the individuals should be seen also their potential for advancing should be considered. Here the aim of creating or developing the skills for preparing the individuals for the various kind of roles should be considered.
Therefore, the option b is correct.
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Imagine that you currently operate a clothing boutique, and you want to add another boutique in a new location. You need to obtain data to determine the size of your potential market. Which data source would you use?
Answer:
U.S. Bureau of the Census
Explanation:
Based on the scenario being described within the question it can be said that the best data source to use would be the U.S. Bureau of the Census. This is the main agency responsible for gathering all types of data about the american people as well as the economy. Therefore all the important and valuable information that you could need regarding where to open your new store can be obtained from this bureau.
The old saying "getting the biggest bang for your buck" means that: A. the real-income effect is equal to the substitution effect. B. consumers stop consuming when the marginal utilities of each good are equal regardless of the prices of each good. C. consumers maximize their utility. D. consumers spend every dollar in their budget. E. consumers never experience diminishing marginal utility
Answer:
C. consumers maximize their utility.
Explanation:
Maximizing the utility is only possible if the consumer can get maximum satisfaction out of every penny spent on the product. Consumer allocates their money so that they get a return on every allocated money. The condition for maximizing the utility is that a consumer equalizes the marginal utility per dollar spent. Therefore, there is an old saying "getting the biggest bang for your buck".
Suppose the following transactions occur during the current year:
1. Musashi orders 50 bottles of wine from a French distributor at a price of $30 per bottle.
2. A U.S. company sells 200 textbooks to a Canadian company at $45.00 per textbook.
3. Sean, a U.S. citizen, pays $1,500 for a laptop he orders from Microell (a U.S. company).
Complete the following table by indicating how the combined effects of these transactions will be reflected in the U.S. national accounts for the current year.
Hint: Be sure to enter a "0" if none of the transactions listed are included in a given category and to enter a minus sign when the balance is negative.
Amount
(Dollars)
Consumption
Investment
Government Purchases
Imports
Exports
Net Exports
Gross Domestic Product (GDP)
The Gross domestic product (GDP) is $9000
Explanation:
Consumption = Sean purchase of the laptop from the US company = 1500
Investment = 0
Government purchases = 0
Imports = Mushashi order = 50 into 30 = 1500
Exports = Textbook sales = 200 into 45 = 9000
Net Exports = Exports - Imports = 9000 - 1500 = 7500
The Gross domestic product (GDP) = C + I + G + NX = 1500 + 0 + 0 + 7500 = 9000
Ruby Harper is the grants and services director for the Greater Columbus Arts Council. Recently, she posted to her blog that she loves her job because it is something sheâs good at, it changes often, and "the possibilities feel immense." These -------are intangible but provide personal satisfaction of great value to her.
Answer:
Intrinsic rewards
Explanation:
When an employee is motivated by intrinsic rewards they gain satisfaction by performing a task. They are internally motivated to do the job and they value challenging work more. Examples of intrinsic rewards are greater responsibility and involvement in decision making
On the other hand extrinsic rewards are external factors that motivates an employee like money.
In this instance loves her job because it is something sheâs good at, it changes often, and "the possibilities feel immense.
Ben really enjoys outdoor activities. When he isn't working, he's biking, hiking, sailing, or training to run marathons. Which of the following criteria would Ben think is the LEAST important as he decides on a career to support his lifestyle?
a) high-paying
b) employee benefits such as paid vacations, health insurance
c) flexible work schedule
d) location - away from major city
Answer:
a) high-paying
Explanation:
As ben is an outdoor person and likes to have most of the time sent out, has the hiking and sailing or training and running marathons he could be least be focused on the jobs that are high or good-paying. As ben enjoys his life and lives for the moment and thus thinks of location, flexible work schedules and other benefits. But does not rely on the high paying careers.Madison Taylor, RHIA, will be attending an AHIMA conference on information governance Friday from 7:00 PM to 9:00 PM and Saturday from 8:30 AM to 4:30 PM with 90 minutes for lunch. This represents ___ of her hours for her continuing education cycle. (Report a whole number.)
Answer:
28%
Explanation:
She is an RHIA, which requires 30 hours of continuing education every two-year cycle.
Hence, 8.5/30 = 28.3 =28%( to the nearest whole number).
Jose owns an ice cream and frozen treat restaurant and is considering adding new menu items. He recently met with the representative of a yogurt company who is trying to convince Jose to add the frozen yogurt to his menu. Jose has never offered a yogurt product in the restaurant and has concentrated on ice cream items. The yogurt product would not need a different freezer or dispensing unit, so the investment would be similar to changing flavors of ice cream. However, since he’s never offered yogurt, he’s unsure what the market response will be and how much profit he can achieve with the frozen yogurt. What type of purchasing decision does this represent for Jose?
Answer:
A. Modified rebuy
Explanation:
There are three types of buying situation:
1. Modified rebuy
2. Straight rebuy
3. New task
1. Modified rebuy: This is a buying situation in which an individual or organisation buys goods that have been purchased previously but changes either the supplier or some other element of the previous order. It is a buying situation in which the buyer wants to modify product specifications, prices, terms, or suppliers.
2. Straight rebuy: It is also known as Extensive problem solving situation. Customers are aware of his or her choices, what they are searching for, his/her needs which is based on personal experience of the customer or friends and families.
3.The new task: This is a business buying situation in which the buyer purchases a product or service for the first time. The buyer has no past experience about the products. It takes a longer time for the buyer to decide because of the risk involved.
Lucas orally agrees to sell his Mountain Spring Water Company to Natural Beverages, Inc. Lucas notes the terms on a sheet of Mountain Spring stationery and signs it. This agreement is most likely enforceable against __________.A) no one.
B) Lucas and Natural.
C) Lucas.
D) Natural.
Answer:
C) Lucas.
Explanation:
Both UCC and the statute of frauds require that this sale agreement must be written. UCC states that contracts over $500 must be in writing and I suppose the company is worth more than $500. The statute of frauds requires that contracts involving real property, and now again I suppose that Mountain Springs has at least one real property, need to be in writing.
Both regulations establish that a signature must be present in order for the contract to be binding. Since Lucas signed the agreement (it doesn't have to be a contract, only an agreement), then it is enforceable against him. But it is not enforceable against Natural Beverages since they didn't sign it.
Which of the following terms is correct?
a. Economic profit takes into account all costs involved in producing a product.
b. Economic profit always exceeds accounting profit.
c. Accounting profit is not relevant in preparing the firm's financial statement.
d. Accounting profit is the same as economic profit.
Answer:
a. Economic profit takes into account all costs involved in producing a product.
Explanation:
Numeral A is the only correct option in the question.
Economic profit takes into account all costs: explicit costs and implicit costs. Explicit costs are the monetary costs that we incurr when we run a business, such as wages, rent, and utilities.
Implicit costs are the opportunity costs that we incurr, in other words, what we gave up to run the business. For example, if you had a job, and quit to set up the business, your implic cost is the salary that you used to earn.
A greenfield venture is when a company builds a subsidiary from scratch in a foreign country instead of acquiring an established firm. If successful, this can be more profitable because the profits do not have to be shared with a partner or another firm. It also...a. trades control for greater returnsb. is the riskiest type of direct investmentc. is the lowest risk form of international business
Answer:
Trade control for greater returns
Explanation:
Considering the way of founding a Greeenfield venture , it has the benefit of being more profitable as it does not have to share its profit with ant other party.
Another benefit that worth mentioning is trade control for greater returns. It maintains a high level of control over manufacturing procedures ,business operations branding and staffing towards profit maximization.
However ,just like in sole proprietorship, the risk involved can be very high.