Answer:
The correct option is (b)
Explanation:
Jurisdiction refers to to the power granted to a court to hear and act upon a lawsuit. Here, QuickAds is based in Georgia and David, an Alabama resident files suit against the company for advertising outside its territory. In this case, Alabama court cannot have jurisdiction over the case.
QuickAds is a Georgia based company that does not fall under Alabama jurisdiction. Moreover, the company was not engaged in active advertising. It communicated with people in Alabama through passive advertising. So the court cannot hear or act upon the lawsuit.
A factory has a contract to produce small engines for lawn mowers. In order to find the greatest efficiencies possible
throughout the process, you have conducted a time study. If you invite the workers to participate in analyzing the results
and suggesting improvements, what type of methodology are you using?
Six Sigma
Cellular
Matrix
Winslow
Answer:
Winslow
Explanation:
Frederick Winslow Taylor said that any new improvement idea proposed by a workman, should be cientifically analized and considered. If it becomes superior to current method, must be adopted by the company as the new applicable standard.
This is the core of “Scientific Management” ( 1911 ) proposed by Winslow.
In the other hand, peculiarly, "inviting workers" action, as itself, could be considered an application of Marslow principles:
This move would pursue the three top levels of his pyramid :
Belonging: they are part of the whole
Self-esteem: employees will feel they are respected - and needed- by the organization
Self-actualization: workers will be able to develop their capabilities. So, applying those to the job, will make them know that goals proposed can be achieved
Answer:
six sigma
Explanation:
I took the answer from the other person and got it wrong. The correct answer is six sigma.
Bub Fizz Inc. manufactures chewing gum. Through marketing research, it was learned that most of its customers use the chewing gum as mouth freshener. Hence, it modified its formula to manufacture gums that have a long-lasting flavor. In this scenario, which of the following was responsible for the change in the product?
a. Green marketing
b. Cause-related marketing
c. Promotion strategy
d. Consumer behavior
Answer:
d. Consumer behavior
Explanation:
Consumer behavior is the process by which the consumer selects, uses and enjoys a product, once you know who is buying your product or services you just have to make sure to gain their fidelity, the company changed the formula of the chewing gum because they learnt how the consumer was using it and what the consumer needed form them, that´s consumer behavior.
Answer:
The correct answer is d. Consumer behavior.
Explanation:
Consumer behavior is a process. It is the study of the processes that intervene when people or groups choose, buy, use or dispose of products, services, ideas or experiences to meet their needs and desires.
Consumer behavior describes two different types of consumer entities:
The personal consumer and the organizational consumer. The personal consumer buys goods and services for their own use, for home use, or as a gift for a third party Variables such as motivation, emotion, learning, information processing, culture and social patterns are involved.You have just been promoted to manage a team of production specialists at work. You soon realize that many of the employees seem withdrawn from their work and the team, citing issues such as stress, negative attitudes about a supervisor, and poor interactions with co-workers. To combat these problems you examine group cohesion, which focuses on _________. A.the ability of the group to stick together B.the group's process development C.the quantity and quality of a group's output D.thegroup's productivity E.the group's team member selection process
Answer:
Option (A) the ability of the group to stick together
Explanation:
The team is defined as the group of individual who work together to get a specified task done.
Here,
The workers seems to have withdrawn from the work and team that means, the group of members are not behaving as a team.
Therefore, it is needed for the manager of the team to make them stick together as a team so as to get the production better.
The typical pattern revealed in a budget constraint model shows that as the quantity consumed rises,total utility rises, but marginal utility falls.marginal utility increases.total utility decreases, but marginal utility rises.total utility decreases.
Answer:
total utility rises, but marginal utility falls
Explanation:
As more units of a commodity are consumed, the total satisfaction derived increases. Therefore, total utility rises.
However, with the consumption of additional units, the extra satisfaction derived as more and more units are consumed decreases. This is the law of diminishing marginal utility.
Scenario: You are the Operations Section Chief at the Incident ,nd Post and request that all response communications be conducted using a pre-determined set of frequencies. You also remind everyone in the field to use plain language. What NIMS Management Characteristics are you supporting? Select all that apply.
a. Common Terminology
b. Management by Objectives
c. Incident Action Planning
d. Integrated Communications
e. Unified ,nd
f. Accountability
Answer:
The correct answers are a. Common Terminology; d. Integrated Communications
Explanation:
Common terminology is a writing style for writing documents that are easy to understand. The language used is concise, direct and does not omit any details. All of the above creates a simpler reading experience, which makes its content understood at the first reading.
For its part, integrated communications applied to marketing, as the name implies, coordinate and integrate all the tools, ways and sources of marketing communication of an organization. This integration, which includes activities such as advertising, public relations, CRM, event management, etc. It is developed within the framework of a coherent program that aims to efficiently maximize the impact on customers and other stakeholders.
As the Operations Section Chief at the Incident Command Post, by asking for all communications to be done on a set of frequencies and in plain language, you are supporting the NIMS Management Characteristics of 'Common Terminology', 'Integrated Communications', and 'Accountability'.
Explanation:In the scenario presented, where you as the Operations Section Chief at the Incident Command Post request all response communications to be conducted using a specific set of frequencies and require everyone in the field to use plain language, you are supporting several National Incident Management System (NIMS) Management Characteristics.
The characteristics being supported are 'Common Terminology', as you are emphasizing on the use of plain language; 'Integrated Communications', as you are insisting on using pre-determined frequencies for all communications; and 'Accountability', as adherence to set guidelines and standards determine individuals' responsibilities.
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Owen, the owner of Owen’s Bar and Grill, repeatedly warns his bartenders to check ID’s and to be on the lookout for fake ID’s. Bartender was caught by police serving alcohol is a minor. Owen will be held criminally liable, despite his many warnings, under the doctrine of__________________.
A. Personal culpability
B. Primary liability
C. Vicarious liability
D. Retailing fraud
Answer: Vicarious liability
Explanation: It refers to a situation when a person is held liable for wrong actions of some other person. This doctrine is usually used in workplace contexts. If an employee do something illegal then the employer could be held liable for that employees actions, given that the action is taken in course of employment.
In the given case, Owen will be held liable as the wrongful conduct of serving alcohol to the minor is done by his employee and on his workplace.
Hence from the above we can conclude that the correct option is C.
What internal factors affect the decision-making process of a leader?
Answer:
Training, support, employee performance, company values and technology.
Explanation:
Training: All leaders must have training, such as how to perform performance evaluations. Training in practical issues and management tasks encourages leaders to be more responsible.
Support: Leaders should have the support of the organization. The company's support for its department decisions and professional aspirations is essential for the development of better leaders.
Employee performance: The aptitude and professional interests of the personnel form the basis of the decisions that the leaders take when delegating tasks and responsibilities to the employees, being the same leaders the final responsibility for the result.
Company values: Leaders who work for successful, high-level organizations demonstrate pride and commitment to their positions.
Technology: Technological solutions give the leader greater productivity and efficiency. Technology is a fundamental factor for leaders because it affects their performance.
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If the Ricardian equivalence theorem LOADING... is not relevant, then an income-tax-rate cut A. will result in a multiple times higher increase in equilibrium real GDP in the long run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be more stable. B. will result in a multiple times higher decrease in equilibrium real GDP in the long run, however; a tax-rate reduction will reduce the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be more stable. C. will result in a multiple times higher increase in equilibrium real GDP in the short run; however, a tax-rate reduction will reduce the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable. D. will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Final answer:
The correct answer is D. A tax-rate cut will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
Explanation:
The correct answer is D. A tax-rate cut will result in a multiple times higher decrease in equilibrium real GDP in the short run; however, a tax-rate reduction will increase the automatic-stabilizer properties of the tax system, so equilibrium real GDP would be less stable.
According to the Ricardian equivalence theorem, tax cuts are not relevant and do not have a significant impact on the economy. Therefore, a tax-rate cut will not result in a multiple times higher increase in equilibrium real GDP in the long run as option A suggests.
Additionally, a tax rate reduction reduces the automatic stabilizer properties of the tax system. This means that the tax system is less effective in stabilizing the economy during fluctuations. As a result, the equilibrium real GDP would be less stable.
Scott is an older individual applying for a job to work in a predominately millennial-aged workforce. His assumption that the interviewer thinks he is out of touch with current trends is an example of a(n) ___________ threat.
a) Discrimination
b) Personality
c) Workplace
d) Stereotype
e) Prejudice
Answer:
d) Stereotype
Explanation:
According to my research on studies conducted by various sociologists, I can say that based on the information provided within the question this is an example of a Stereotype threat. This can be said because a stereotype overgeneralized belief about a certain category of people, and Scott is applying the belief that all older generations are out of touch with current trends.
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Ford assembles some cars in Mexico because the lower wages the company pays to Mexican workers and the lower prices it pays for auto parts in Mexico reduces Ford's costs. This is an example of Ford reacting to which of the three key economic ideas?
Answer:
The key economic idea is: people respond to economic incentives
Explanation:
This economic idea is about taking advantage of opportunities to better yourself economically as a company.
People and companies could do things for a number of reasons or motives, but they usually do thing because they are good fot them monetarily.
In this case Ford is doing this because of the economic incentive of paying less to their workers and saving that money.
According to the assembly equipment manufacturer, The Cycle Shop should be able to make 30 bikes per day. On a normal day, the company makes 23 bikes per day. What is the capacity utilization?
Answer:
What is the capacity utilization? 76,66
Explanation:
The capacity utilization rate measures the proportion of potential economic output that is actually realized. Displayed as a percentage, the capacity utilization level provides insight into the overall slack that is in an economy at a given point in time.
(Actual Output / Potential Output( ) x 100 = Capacity Utilization Rate
(23 / 30 ) x100 = 76,66
How can the demand for one good be affected by increased demand for another one?
A. A drop in price for a good will increase demand for the good and its substitute.
B. If goods are substitutes for each other, increased demand for one will increase demand for the other.
C. When goods are bought together, increased demand for one will decrease demand for the other.
D. If goods are used together, increased demand for one will increase demand for the other.
Answer:
You answer is D or the last option if you'd rather say that
Explanation:
If goods are used together, increased demand for one will increase demand for the other.
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Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Year Dividend Declared 2015 $0 2016 $6,000 2017 $32,000 The amount of dividends paid to preferred and common shareholders in 2016 is:$3,500 preferred; $2,500 common.$3,000 preferred; $3,000 common.$0 preferred; $6,000 common.$4,200 preferred; $1,800 common.$6,000 preferred; $0 common.
Answer:
$3,500 preferred; $2,500 common.
$3,000 preferred; $3,000 common.
$0 preferred; $6,000 common.
$4,200 preferred; $1,800 common.
$6,000 preferred; $0 common.
Which of the following would be most likely to result from destruction of half of the Florida orange crop due to a hard freeze? a. an increase in the price of oranges b. a decrease in the demand for oranges c. an increase in the supply of oranges d. an increase in the quantity of oranges bought and sold
Answer:
The correct answer is option a.
Explanation:
Suppose half of the crop of oranges is destroyed due to hard freeze. This will cause a decrease in the supply of oranges. The supply curve for oranges will shift to the left. This leftward shift in the supply will lead to an increase in price level and a decrease in equilibrium quantity.
A favorable change in weather would have contributed to an increase in supply, causing the price level to fall.
Variable costs are:
sunk costs.
the change in total cost associated with the production of an additional unit of output.
costs that change every day.
costs that change with the amount of output a firm produces.
Answer:
the change in total cost associated with the production of an additional unit of output.
Explanation:
A variable cost is a cost that changes in relation to variations in an activity. In a business, the "activity" is frequently production volume.
Paige and Parker are writing their values statement for their new consignment shop, Then & Now. Because they want their employees and business to grow and reach goals, Then & Now’s values statement should be positive and inspiring, describing what the organization stands for and its core priorities.
True / False.
The value statement should describe what the organization stands for and its core priorities. Therefore, the correct option is to True.
The value statement are the core principles that are vital in guiding an organization. The values of an organization helps in the creation of a moral compass that will be used in guiding the behaviors of the employees.Also, the value statement depicts the goals of the organization and is vital in ensuring that organizational aims are achieved.In conclusion, the correct option is true.
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Ms. Chen manages a clothing store. Her boss, the district manager, suggests that she fire competent employees who are old or unattractive because "they aren't good ambassadors for our brand." Ms. Chen tells her boss, "I'm sorry, but I can't do as you ask. If anyone found out that we did this, it would damage the company's reputation. The average shopper wouldn't want to do business with us." Which ethical rule is Ms. Chen applying?a. Moral rights
b. Justice
c. Practical
d. Utilitarian
Ms. Chen applies the practical ethical rule, focusing on the impact of firing employees based on age or attractiveness on the company's reputation and relationships, rather than purely on moral or utilitarian grounds.
Explanation:In the scenario presented, Ms. Chen is applying the practical ethical rule. This rule takes into account the practical consequences of an action for the stakeholders involved. In terms of business ethics, this focuses on the impact that decisions have on the company's reputation and relationships with its customers and employees, rather than purely on moral doctrines or the totality of good produced by an action. Ms. Chen's concern for the potential damage to the company's reputation if it were found to be discriminating against employees based on age or attractiveness underscores the practical considerations of maintaining trust and goodwill among the public.
It is also important to note that, while elements of justice and moral rights are touched upon due to the nature of the discrimination involved, Ms. Chen's argument is based on the practical outcomes for the company rather than on justice for the employees or a utilitarian calculation of happiness or utility. Therefore, option c, the practical rule, is the primary ethical consideration being applied by Ms. Chen in this instance.
Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit. The cost of producing this dress was $1,000. First, how would the revenue and receivable from this transaction impact the accounting equation of Address You? Please enter the amounts in the boxes below.
Answer:
It will affect the accounting equation in $7.000.
Explanation:
The Assets will increase in $8.000 because Address You now have the right to claim to a customer $8.000 and is recognized in the Receivables. At the same time, Address You has to diminish its inventories at $1.000, because it delivered the dress to the customer. Finally, on the other hand, the profits for selling the dress ($8.000 - $1.000) affect the equity, and now the Accounting equation is balanced.
Final answer:
In a credit sale where a dress is sold for $8,000 and has a cost of $1,000, receivables and revenue both increase by $8,000 in the accounting equation, with no immediate liability change and a decrease in inventory for COGS.
Explanation:
When Address You, a fancy dress manufacturer, sold a dress for $8,000 on credit, the revenue and receivable would have the following impact on the accounting equation:
Receivables will increase by $8,000 because the customer owes this amount to the company.
Revenues will also increase by $8,000 reflecting the credit sales.
There is no immediate cash flow impact since the transaction is on credit.
The cost of the goods sold (COGS), which is $1,000, will decrease the inventory by this amount and is recorded as an expense.
This can be represented in the accounting equation as follows:
Assets = Liabilities + Owner's Equity
+ $8,000 (increase in receivables) = Not Applicable (no immediate liability from this transaction) + $8,000 (increase in revenues)
- $1,000 (decrease in inventory from COGS) = Not Applicable + Not Applicable
A restaurant kitchen contains a wall poster that shows, for each sandwich on the menu, a sketch of the ingredients and how they are arranged to make the sandwich. This is an example of a(n): a) assembly drawing. b) route sheet. c) bill of material. d) work order. e) assembly chart.
Answer:
Either A or E (probably more A)
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Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Which of the following terms best describes the performance valuation model of Cantaloupe Technologies?a. Social entrepreneurshipb. Crowdsourcingc. Cannibalizationd. Entrepreneurship
Answer: Social entrepreneurship
Explanation: It is a new concept, usually followed by the startup companies. Under this style of entrepreneurship, the management tries to tackle the environmental issues by bringing up funds or providing any other kind of help.
In the given case, the company promises to plant trees on its every sale. Thus, the company is focusing not only on profits but also the problems that are caused due to over destruction of trees.
Hence from the above we can conclude that the correct option is A.
Answer:
a. Social entrepreneurship
Explanation:
Cantaloupe Technologies follows a business model in which the performance of the company is not only based on how much profits were generated, but also on how the community in general benefited from its operations. Thus, the company under its "Plant a Life" campaign promises to plant a tree with every customer purchase. Therefore, Social Entrepreneurship best describes the performance valuation model of Cantaloupe Technologies.
Leaders should do all of the following to promote ethical policies in their organizations except:
a) be available to help employees and solve ethical problems.
b) be responsible for minimizing opportunities for wrongdoing and for exerting the controls needed to enforce company policies.
c) be role models themselves.
d) be prepared to take the blame for senior members' misconduct.
Answer:
A
Explanation: be available to help employees and solve ethical problems.
Which of the following are two features of public goods?
(a) They are provided according to the demands of the market and they are excludable.
(b) They are finite and paid for by individuals.
(c) Their costs are borne collectively and no one can be excluded from their benefits.
(d) They waste taxpayers’ money and provide goods no one wants.
Public goods are characterised by collective cost bearing and non-excludability. Everyone can benefit from public goods and one's use doesn't take away from others' ability to use it.
Explanation:
Public goods have two primary characteristics: '(c) Their costs are borne collectively and no one can be excluded from their benefits'. A public good is a good that is non-excludable and non-rivalrous. This means everyone can benefit from it and one person's use of the good does not diminish the availability for others to use. For instance, a public park is a public good since it's cost is paid by collective citizens (through taxes), and no one can be excluded from enjoying its benefits.
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Howard Industries is a computer manufacturer located in Laurel, MS. This company is interested in expanding internationally. Which of the following is a cultural factor that affects consumer behavior and marketing strategy that Howard Industries needs to be aware of _________________.
a) Nonverbal communications
b) Natural resources
c) Economic conditions
d) Exchange rates
e) All of the above
Answer:
The correct answer is a) Nonverbal communications.
Explanation:
Nonverbal communication is a communication process in which there is a sending and receiving of messages without words, that is, by means of signs, gestures and signs. It has no syntactic structure, so it is not possible to analyze sequences of hierarchical constituents. The messages can be communicated through kinesics (gestures, body language, posture, facial expression, eye contact, etc.) the language; the proxémica and the chronémica.
_______ used to create an application that is helpful in designing business process models and also helpful in simulating, optimizing, monitoring, and maintaining various processes that occur within an organization.
Answer:
Business Process Management Tools
Explanation:
According to my research on different business processes, I can say that based on the information provided within the question the term being described are called Business Process Management Tools. Like mentioned in the question these are tools that assist an organization accomplish certain goals in their everyday functions, such as simulating, optimizing, and monitoring.
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The accounting view focuses on the historical asset value, or _____ value, while the finance view focuses on the assets value as an ongoing concern, called the _____ value.
Answer:
The correct answers that fills the gaps are: Books; Market.
Explanation:
Measurement is the process of determining the monetary amounts in which an entity measures the assets, liabilities, income and expenses in its financial statements. The measurement involves the selection of a measurement base.
The IFRS for SMEs specifies the measurement bases that an entity will use for many types of assets, liabilities, income and expenses.
Two usual measurement bases are historical cost and fair value.
(a) For assets, the historical cost is the amount of cash or cash equivalents paid, or the fair value of the consideration given to acquire the asset at the time of acquisition. For liabilities, the historical cost is the amount received in cash or cash equivalents or the fair value of the non-monetary assets received in exchange for the obligation at the time it is incurred, or in some circumstances (for for example, income taxes), the amounts of cash or cash equivalents that are expected to be paid to settle the liability in the normal course of business. The amortized historical cost is the historical cost of an asset or liability plus or minus the part of its historical cost previously recognized as expense or income.
(b) Fair value is the amount for which an asset can be exchanged, or a liability canceled, between an interested and duly informed buyer and seller, who carry out a transaction under conditions of mutual independence.
Answer:
Book; Market
Explanation:
In accounting, all assets are valued at book value or historical value in the balance sheet. Book value of an asset is its cost price less depreciation or amortization.
Finance view focuses on market value of assets. Market value of assets represent their actual value at which they can be bought or sold in the market. Since market value is more realistic than book value, finance focuses more on market value.
Nathan works as a materials scientist for a carpet manufacturer. He has developed a material that does not work well in carpeting, but it could have applications in hard flooring or other construction products. Nathan has been made the team lead for a group of scientists tasked with determining some marketable uses for the new material. The group could be referred to as:
A. skunkworks.
B. delegates.
C. horse traders.
D. bootleggers.
E. spin-offs.
Answer:
A. skunkworks.
Explanation:
skunkworks -
A skunkwork groups are the small and loosely structured group of people , who develop and research a project , and their main focus is radical innovation .
The term , skunkwork , originated in the world war ll , during the P - 80 shooting star design . This term was then generalized to be applicable to same high - priority R & D projects .
From the data of the question , the group is called the skunkwork .
Athens Machining had one job in Work in Process Inventory at the beginning of the month: Job 1376. The costs incurred to date on the job included $14.00 per direct labor hour. The total direct labor hours were 160 direct labor hours.
How much manufacturing overhead (MOH) should the manager allocate to Job 1376?
Answer:
The manufacturing overhead (MOH) should the manager allocate to Job 1376 for the month is $2,240.
Explanation:
The manufacturing overhead (MOH) in this is calculated by the multiplication of the cost incurred to date per direct labor hour by the total direct labor hours. This is just how it follows:
$14 per direct labor hour × 160 direct labor hours : $2,240
Suppose someone made this statement: "Sales doubled in 5 years. This represents a growth of 100% in 5 years, so, dividing 100% by 5, we find the growth rate to be 20% per year." Is the statement correct?
Answer:
No, the statement isn´t correct
Explanation:
The statement is not correct because in any moment they say the growth was constant so asuming that each year the growth was of 20% is not correct. Also because usually when a company is growing and is increasing its sales it makes it in a progresive way so the first years sales are usually less than the ones of the fifth year.
The statement is incorrect. The annual growth rate cannot be found by dividing 100% by 5.
Explanation:The statement is incorrect. While it is true that sales doubling in 5 years represents a growth of 100%, the growth rate per year cannot simply be found by dividing 100% by 5. To find the annual growth rate, we need to use the compound interest formula.
A growth rate of 20% per year would result in sales increasing by 20% each year, which would lead to much higher sales after 5 years than simply doubling. The correct approach to find the annual growth rate is to use the compound interest formula, which would take into account the compounding effect over the 5-year period.
Economic Growth Rate: In economics, the annual growth rate refers to the percentage change in a country's Gross Domestic Product (GDP) over one year. It indicates the overall economic performance of a nation.
Business and Finance: Businesses use the annual growth rate to assess their performance, track revenue or profit growth, and make projections for the future.
Investments: Investors use the annual growth rate, especially CAGR, to evaluate the potential returns on an investment over a period of time.
Environmental Science: The annual growth rate can be used to analyze the expansion or decline of natural resources, populations of species, or other ecological factors.
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Mason Corporation purchased a piece of land 5 years ago when the price of land was low. It plans to develop the land into a new facility when their current facility reaches its production limit, which it estimates will be in 4 years. On their classified balance sheet, Mason Corporation would classify this land as
A. property, plant, and equipment.
B. an intangible asset.
C. a long-term investment.
D. a current asset.
Answer: A long term investment
Explanation: In simple words, those assets which are purchased by an organisation with the intent of holding them for more than one year are called long term assets.
Mason is holding the land for five years. Hence, we can say that the land will be classified as long term investment.
It could have been considered as property, plant and equipment but the new facility has not been made yet.
Critics of _____ argue that the approach amounts to a mathematical formula to decide how ethical decisions affect individuals.