Answer:
The answer is
A: Aggregate price level increases and aggregate output decreases
B. Both aggregate price level aggregate output increases
C. Aggregate price level increases and aggregate output decreases
Explanation:
A. This government action will increase the aggregate price level increases due to inflation. Aggregate output will decrease due to the increase in cost of product (high wage to labor)
B. Because of the increased spending Investment in solar program, both aggregate output and aggregate price level increase.
C. Due to the severe weather destroyed crops, aggregate price level increases and aggregate output decreases. This happened because there will be decrease in supply of crops.
Natalia administered a test to a job candidate three different times. She is looking at the scores and sees that they are 85, 87 and 85 out of 100. She notes that the scores are fairly consistent.In other words, the test is:a) valid.b) reliable.c) strong.d) relevant.
Allison, an HR Executive at BigMind Inc., must recruit suitable candidates from a list of 50 job applicants. Which of the following is a legally permissible criterion that Allison can use to make a hiring decision?A. EducationB. GenderC. AgeD. National origin
Answer:
A. Education
Explanation:
OPTION (A) is absolutely correct, because Allison can only make hiring decision of the fifty applicants by their education.
As we know that the interviewer is not suppose to question any of the interviewee regarding their personal information like what is your color, where is your national origin, what is you age, what is your religion, what is your gender and marital status and also the interviewee's sexual orientation.
Final answer:
Education is the only legally permissible and non-discriminatory criterion Allison can use for hiring decisions at BigMind Inc., as Gender, Age, and National origin are protected characteristics under U.S. federal laws enforced by the EEOC.
Explanation:
Allison, an HR Executive at BigMind Inc., can use several legally permissible criteria to make a hiring decision. Among the options provided, Education is the only criterion that is legally permissible and non-discriminatory. Criteria such as Gender, Age, and National origin are protected characteristics under federal laws administered by the U.S. Equal Employment Opportunity Commission (EEOC) and cannot be considered in hiring decisions unless they are bona fide occupational qualifications (BFOQs), which are rare exceptions.
For instance, it is illegal for employers to make hiring decisions based on age under the Age Discrimination in Employment Act, or on national origin under the Civil Rights Act of 1964. Therefore, Allison must ensure that the recruitment process is free from discrimination by focusing on job-related qualifications like education, relevant experience, and specific skills necessary for the job.
In a manufacturing company, the cost of factory labor consists of all of the following except __________.a. net earnings of factory workers. b. gross earnings of factory workers. c. employer payroll taxes. d. fringe benefits incurred by the employer.
Answer:
a. net earnings of factory workers
Explanation:
As the total factory cost is equal to the total direct material and plus the direct labour plus the factory overhead. The direct labour is involved in the production of the goods. And most of the labour production is needed to produce a minimum number of staffing to the production area and should be considered as an overhead cost with the unit of production. For an example of a worker is paid a free piece-rate wage this can be considered as direct labour for each unit of manufacturing.Final answer:
In a manufacturing company, the cost of factory labor includes net earnings, gross earnings, employer payroll taxes, and fringe benefits, but not the profits earned by the company, which are the outcome after labor and other production costs are accounted for.
Explanation:
In the context of a manufacturing company, the cost of factory labor includes various elements such as the wages and benefits paid to and on behalf of the workers. The cost of labor incorporates the net earnings of factory workers, gross earnings of factory workers, employer payroll taxes, and fringe benefits incurred by the employer.
However, the part of the costs that doesn't constitute a manufacturing labor cost is the profits earned by the company or any potential capital owners. Profits are what remain after deducting the cost of production, including labor, from the revenue generated by the sale of the goods. Therefore, profits are not a part of the labor cost; instead, they are an outcome of the production process that includes those labor costs.
The term wages in economics refers to the total compensation, which goes beyond mere cash payments to include various benefits. The cost of production in economic discussions is mainly centered around labor and wages. While tools, materials, and other resources are certainly part of manufacturing costs, they ultimately represent labor costs since their production also required labor.
Because internals seem to have a greater belief that their actions have a direct effect on the consequences of that action, they likely would prefer and respond more productively to incentives such as merit pay or sales commissions.a.trueb.false
Answer:
True
Explanation:
Incentive compensation is a system designed to motivate and reward performance. The objective of incentive compensation is staff motivation.
Most organizations employ incentive compensation as a way of encouraging their employees to work, meet and exceed target required of them by the company.
Examples of incentive compensation are bonus or profit sharing, sales comission.etc
If employees know that their actions have a direct effect on the consequences of their action, they would increase their productivity due to severance packages attached to their output like bonus , commission etc.
In order to save time and resources they will print their currency on a heavy stock cardboard. The bills will be about the size of a business card so that the Newbian people will be able to easily carry it with them in their wallets. Why will the Newbie Nugget not function as a medium of exchange
Incomplete question
The missing part (which is the beginning)
The nation of Newbie is establishing its monetary system and is designing its currency. The first proposal is to issue the Newbie Nugget (their new currency) in only 3 denominations of paper bills (100, 500 and 1000 Newbie bills) but no coinage.
Answer:
It is not easily divisible
Explanation:
Medium of exchange is any financial instrument of a standard value that is used to facilitate the exchange of goods and services .
In addition , to be qualified for a medium of exchange , the instrument must be generally acceptable , portable , divisible ,low cost of preservation and recognizable
Divisibility value of a medium of exchange is provided when it comes in lower denominations and coins
Dover Lumber announced last week that its unpopular CEO had resigned. In response to this announcement, the firm's stock price increased from $17 a share to $23 a share. The following day the price declined to $21 a share and has remained constant at that level.
This is an example of a(n):
A) over-reaction and correction.
B) underpricing.
C) delayed reaction.
D) pre-activity action.
E) efficient market reaction.
Answer:
A. Over reaction and Correction
Explanation:
Over reaction is the situation whereby investors gets over excited due to an emotional response on an event leading to a security becoming overbought or over sold until it returns to its intrinsic value. In this case, the increase in price came from the announcement that the unpopular CEO had resigned. Correction on the other hand refers to the drop in prices of stock from their current peak. After the overreaction, correction occured in which the price dropped and remained constant at the dropped price.
The fluctuation in Dover Lumber's stock price following the CEO's resignation illustrates an over-reaction and correction in the stock market, where the price initially surged then corrected itself, reflecting the market's reassessment of the company's future profitability.
The situation described with Dover Lumber's stock price fluctuation following the CEO's resignation is an example of an over-reaction and correction. Initially, the stock price increased from $17 to $23 a share, suggesting that investors believed the change in leadership might lead to a more profitable future for the company. However, the following day, the price adjusted to $21 a share and stabilized, indicating that the market corrected itself after the initial over-reaction to the news of the CEO's resignation. This correction reflects the market's reassessment of the company's prospects post-announcement.
Stock market dynamics often involve rapid adjustments to new information, where prices can initially overreact before settling at a new equilibrium. This case is a textbook example of how speculators and investors interpret and react to corporate news, contributing to stock price volatility based on their perceptions of future profitability and management effectiveness.
Ron operates a garbage pickup business. he contracts to pick up garbage from an apartment complex for the next 52 weeks at a price of $150 per week. unexpectedly, the landfill center where ron takes the garbage to dispose of it, files for bankruptcy. as a result, ron must travel an additional 100 miles to the nearest landfill center, turning ron's expected profit into a loss of $40 per week. ron's best argument in support of his petition to be discharged from the contract is
Answer:
The options are given below:
A. the mail box rule.
B. commercial impracticability.
C. frustration of purpose.
D. true impossibility.
The correct option is B
Explanation:
Commercial impracticability refers to a situation whereby an event occurs which makes the performance of a contractual duty excessively burdensome, unbearably difficult, or extremely expensive, for the party committed to such performance.
As can be seen from the scenario given above, Ron will be incurring a loss of $40 were he to continue with the contract, this loss has rendered the contract commercially impracticable, and therefore, this will be Ron's best argument in support of his petition to be discharged from the contract.
Answer: His argument would be “Discharge by Frustration”
Explanation: There are basically four ways by which a contract can be discharged which includes;
Performance
Agreement
Repudiation and
Frustration
When a contract becomes impracticable from either or both parties to the agreement then it would have to be discharged. In this instance, it is not by agreement, there was no deliberate breach of contractual agreement, and neither is it because the terms of the contract have been fulfilled, but rather because some current unforeseen circumstances have made it impossible for the terms to be fulfilled.
There was an unforeseen event that prevented Ron from continuing with the contractual relationship with his clients, namely the relocation of the landfill to a farther distance. This is beyond his control and continuing with that arrangement would turn his expected profits into losses.
In order not to suffer avoidable losses and possible bankruptcy, Ron has the option of petitioning to be discharged from the contract on the basis of frustration of his efforts.
Shortly after she landed a corporate-level job at InfoBasis, Tonya Kennel formed a women’s leadership group to help women advance within the company. Membership within the group was voluntary and open to women with a desire to advance in the company. Tonya’s group can best be described as a(n):
A. focus group
B. network group
C. self-help group
D. diversity team
E. multicultural team
Answer:
B. Network Group
Explanation:
Network group involves a group of people (who may not necessarily share thesame common identity) that comes together with the aim of developing one another to achieve individual growth. In this case, Tonya formed a network group in her new workplace made up of women like her who are interested in advancing career wise in the company.
Final answer:
Tonya Kennel's group at InfoBasis is a network group aimed at helping women advance within the company by providing support and discussing strategies for professional growth.
Explanation:
Tonya Kennel's women's leadership group at InfoBasis, which was created to support women's advancement in the company, can be best described as a network group. The group is voluntary, open to women aspiring for professional growth, and serves as a platform for discussing mutual problems, strategies for advancement, and providing support to one another. This aligns with initiatives seen in other companies, where networking opportunities and interest groups help address concerns such as male-dominated cultures, lack of networking, and work-life management challenges.
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. How should Taylor accrue and/or disclose this potential loss?
Answer:
Disclose the contingency and state that an estimate cannot be made.
Explanation:
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. Taylor should accrue and/or disclose this potential loss BY DISCLOSING THE CONTINGENCY AND STATE THAT AN ESTIMATE CANNOT BE MADE.
ghana and south korea each have 200 units of resources. for ghana, it takes 10 units of resources to produce one ton of cocoa and 13.33 units to produce one ton of rice. for south korea, it takes 40 units to produce one ton of cocoa and 20 resources to produce one ton of rice. which one is not correct?
Answer:
Ghana has comparative advantage in Cocoa. And, South Korea has comparative advantage in Rice.
Explanation:
Resources needed to produce Cocoa & Rice, in Ghana & South Korea
Cocoa Rice Trade off Ratio
Ghana 10 13.33 10 : 13.33 = 0.75
South Korea 40 20 40 : 20 = 2
Comparative Advantage is an economy's ability to produce a good at lower opportunity cost (other good sacrifised) ; than other economy. It happens when economy is relatively more productive in production of that good, than the other good ; compared to other economy.
Ghana is 4 times productive in producing cocoa than South Africa (takes 1/4th resources). But it is comparatively lesser times productive in producing rice than South Korea.
Ghana produces cocoa by sacrifising less amount of rice than South Korea (0.75 < 2). So, Ghana has comparative advantage in Cocoa South Korea produces rice by sacrifising less cocoa units i.e = 0.5 (20/40), than Ghana which can produce rice by sacrifising 1.3 (13.33 / 10) cocoa units. So, South Korea has comparative advantage in Rice.Let's say that you are in the market to purchase an already built house. Sort the items below into the correct bin based on whether the statement reflects something you need to know in order to purchase a house. How to keep the living room's color from clashing with the bathroom's The price of the house. How to wire the house for electricity Your monthly income, expenses, and savings. How to place anchor bolts into the house's foundation. How to make the kitchen plumbing work.
Answer:
1. How to place anchor bolts into the foundation
2. How to make the kitchen plumbing work
3. How to wire the house for electricity
4. How to keep the living rooms color from clashing with the bathrooms
Explanation:
These are the proper step by step processes to follow and it has to be in this order
in class, we considered the issue of the "intensity of distribution." A concern we have is "how many" outlets should we have. The "correct" answer offered in class was: a."whatever it takes." b."just enough to meet the desires of the target market," anything else is waste. c.that you can never really have too much distribution for your products (or services). d.to have distribution "through every reasonable outlet in a market." e.to distribute through an exclusive dealership.
Answer:
b."just enough to meet the desires of the target market," anything else is waste.
Explanation: A Distribution Network is an interconnected Distribution centres or channels which are used for the transfer of materials from one point to another,a Distribution centre links up smaller retailers, wholesalers,customers etc
The intensity of a Distribution network or process should be made in such a way as to be enough to meet the desires and needs of the customers, there will not be any need to make more Distribution centres Available,as it will amount to waste of Resources.
Seadrill Engineering licensed software to oil-drilling firms for 5 years. In addition to providing the software, the company also provides consulting services and support to ensure smooth operation of the software. The total transaction price is $420,000. Based on standalone values, the company estimates the consulting services and support have a value of $120,000 and the software license has a value of $300,000. Assuming the performance obligations are not interdependent, the journal entry to record the transaction includes
Answer:
The multiple choices are:
a credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
a credit to service revenue of $120,000.
a credit to unearned service revenue of $120,000.
a credit to sales revenue of $300,000.
The correct option is A,credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
Explanation:
The revenue relating to the license of $300,000 has been earned since Seadrill Engineering has provided the software to the client but would render the consulting services in the future,hence the revenue relating to consulting would be deferred till the services are provided.
The correct option is A,credit to sales revenue for $300,000 and a credit to unearned service revenue of $120,000.
While the entire cash of $420,000 is debited to cash account
On January 1, 2020, TigerKing Corp. issued $930,000 face value, 6%, 5 year bonds. The bond interest is paid on June 30 and December 31. The bonds sold for $1,013,538. When the bonds were sold, the effective rate of interest was 4%. Under the effective-interest method, what formula would you use to calculate total interest expense?
Answer:
the formulas used to calculate the interest expense:
interest amortization = (bond's market price or carrying value x effective interest) - (bond's face value x coupon rate) = premium on bonds payable (it is negative, so you must debit it)
interest expense = coupon rate + premium on bonds
in this case, the interest expense used to record the first and second coupon payments:
first coupon payment
($1,013,538 x 2%) - ($930,000 x 3%) = $20,271 - $27,900 = -$7,629
interest expense = $27,900 - $7,629 = $20,271
June 30, 2020
Dr Interest expense 20,271
Dr Premium on bonds payable 7,629
Cr Cash 27,900
second coupon payment
($1,005,909 x 2%) - ($930,000 x 3%) = $20,118 - $27,900 = -$7,782
interest expense = $27,900 - $7,782 = $20,118
June 30, 2020
Dr Interest expense 20,118
Dr Premium on bonds payable 7,782
Cr Cash 27,900
Rachel attends weekly major league baseball games with her boyfriend. One day, she gets hit in the head by a foul ball. If Rachel sues the baseball stadium for negligence related to the damages she sustained from the ball hitting her head, but the stadium prevails, what would be the stadium's winning defense
Answer:
Implied assumption of the risk
Explanation:
Implied assumption of the risk is the situation whereby the plaintiff underwent the full event with full knowledge understanding of the possible harm to him or herself and consent to the risk under those circumstances. In a baseball game, there's always a risk of the ball hitting the fans seated in the stadium. Each stadium going fan is aware of this risk and consent to it whenever the ugh choose to watch the game live from inside the stadium. Thus, the stadium would use the implied assumption of risk in winning a law suit that Racheal sues them for. Implied assumption of risk points to the fact that the individual voluntarily and knowingly assumed the risk present or associated with the activity.
A company offering local telecommunications service combines resources with an international company that manufactures digital switching equipment to research a new type of telecommunications technology. This is an example of ________.A. joint diversification.
B. strategic alliance.
C. divestment.
D. global integration.
Answer:
A. joint diversification.
Explanation: Diversification by method of Joint Ventures, is a
Good way to diversify when it is
Uneconomical ( not economical from a single partner point of view) and risky to venture into it alone, the Puling power and competency of the two partners would provides more competitive strength and advantage. Foreign partners are needed for this kind of business ventures.
Answer:
The correct answer is B. strategic alliance.
Explanation:
A strategic alliance is an arrangement between two companies to undertake a mutually beneficial project while each retains its independence. In this case, the company make a strategic alliance with the international company .
In qualitative research, the interpretation of data and its analysis emerge at what point in the research process? a. during initial stages of fieldwork b. while writing accounts of the data c. before entering the field d. while writing jottings
Answer:
Option B.
Explanation:
Qualitative Research refers to a primarily exploratory research which is used in gaining an understanding about underlying reasons, opinions, and motivations. It is used in providing insights into the problem or helps to develop ideas or hypotheses for potential quantitative research.
The analysis of qualitative research notes begins while the account of the data is being taken, usually on the field, and at the time of observation, interviewing, or both. This is done as the researcher identifies problems and issues that will likely help in understanding the situation.
An important step in the analytic process can be by simply reading the notes or transcripts.
A PR firm in Chicago explores census data, reads market research reports,searches for blogs or news stories on the Web, or reviews research from past case studies to research trends in teen clothing. This type of research is an example of __________.a. Public researchb. Secondary researchc. primary researchd. tertiary research
Answer:
b. Secondary research
Explanation:
Based on the scenario being described within the question it can be said that this type of research is an example of secondary research. This is a research method that focuses on using already existing data in order to support the research by summarizing and organizing that data. Such as the PR firm is doing with the cencus data, in order to support the trends in teen clothing that they are researching.
The integrated cost leadership/differentiation strategy needs structural features that are partially centralized and partially decentralized, jobs that are semispecialized, and rules and procedures that call for some formal and some informal job behavior. True or false?
Answer:
true
Explanation:
An integrated cost leadership/differentiation strategy basically combines a cost leadership strategy (selling your products or services at a low cost) and a differentiation strategy (offering differentiated products or services). This way, the company offers differentiated products at the lowest possible price.
This strategy is very difficult to execute properly and successfully since generally differentiated products tend to be more expensive to produce than standard products.
Economic growth can be represented by Select one: a. an increasing equilibrium output level b. a rightward shift of an economy's short-run aggregate supply curve. c. a rightward shift of an economy's long-run aggregate demand curve. d. a rightward shift of an economy's long-run aggregate supply curve.
Answer:
d. a rightward shift of an economy's long-run aggregate supply curve.
Explanation:
Aggregate supply in economics, is the total amount of goods and services that firms or organizations in a country are willing to sell at a particular price range over a specific period of time. Aggregate supply curve gives the relationship between price level and production of an economy.
Graphically, economic growth can be represented by a rightward shift of an economy's long-run aggregate supply curve.
Economic growth can be represented by a rightward shift of an economy's long-run aggregate supply curve. This means the country's potential level of output has increased. Shifts of the other curves may not necessarily indicate economic growth.
Explanation:Economic growth in an economy can be represented by a rightward shift of the economy's long-run aggregate supply curve. This happens when there is an increase in potential output over time. The Long-Run Aggregate Supply (LRAS) curve represents a country's potential level of output when it is using all of its resources efficiently, including its labor, capital, and natural resources. If a country’s LRAS curve shifts to the right, this signifies that a country’s potential level of output has increased.
Meanwhile, a rightward shift of the short-run aggregate supply curve or the aggregate demand curve can be due to various other factors and are not necessarily indicative of economic growth.
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Stan plans to invest $100,000 in either a risk-free bond or a portfolio of 100 stocks. If he buys the bond, it will be worth $107,000 at the end of one year, for a guaranteed return of 7 percent. Alternatively, he could put $1,000 each into 100 different stocks. Each stock has a 50-50 chance of being worth either $2,300 or $0 at the end of the year, so the expected return on each stock (and the whole portfolio) is 15 percent. Which of the following should make Stan more likely to invest in the stock portfolio?The stocks are uncorrelated with each other (r = 0).
Answer:
The stock investment is preferred
Explanation:
The bond give a holding period yield of 14% which is calculated thus:
holding period yield =(p1-p0)/p0+return of 7%
=(107,000-100,000)/100,000+7%
=7%+7%
=14%
The stock investment of 15% is preferred over the bond return of 14%,since the stock portfolio comprises of assets that are not correlated which implies adverse performance in one stock asset does not affect the performance of others,invariably the 15% return is near guarantee.
If a company owns 25% of the voting stock of Pink Co. and can exercise significant influence, dividends received will be A. credited to Cash. B. debited to Equity Investmentslong dashPink Co. C. credited to Equity Investmentslong dashPink Co. D. credited to Dividend Revenue.
Answer:
C. credited to Equity Investmentslong dashPink Co.
Explanation:
With 25% voting power and the ability to exercise significant influence, Pink Co is an associate of the company.
For dividend received from associate, we subtract it from the cost of investment in associate hence it it posted as a credit entry to the account (Investment in associate).
The right option is C.
Define a binary variable as ecobuy = 1 if ecolbs > 0 and ecobuy = 0. in other words, ecobuy indicates whether, at the prices given, a family would buy any ecologically friendly apples. what fraction of families claim they would buy ecolabeled apples? answer
Your question is not complete but from the information I sourced for, there are total 660 families and 412 families claimed they would buy ecolabeled apples.
Answer:
0.6242 fraction of families claim they will buy ecolabeled apples
Explanation:
When a binary variable ecobuy is defined such that ecobuy = 1 if ecolbs > 0 else ecobuy = 0.
Out of 660 families, there are 412 families who claimed they would buy ecolabeled apples.
The fraction of families who claim they would buy ecolabeled apples is therefore calculated as follows; 412/660 = 0.6242 fraction of families.
In percentage; 0.6242*100 = 62.42% of families.
That means 62.4242% of families claimed they would buy ecolabeled apples.
The fraction of families that claim they would buy eco-labeled apples can be determined by dividing the number of families where the binary variable is 1 by the total number of families.
Explanation:The fraction of families that claim they would buy eco-labeled apples can be determined by calculating the proportion of families where ecolbs are greater than 0. Based on the given binary variable ecobuy, we can assume that ecobuy = 1 when ecolbs > 0 and ecobuy = 0 otherwise.
To calculate the fraction, we need to divide the number of families where ecobuy = 1 by the total number of families. Let's say there are 100 families in total with ecobuy information. If 60 families have ecobuy = 1, then the fraction of families claiming they would buy eco-labeled apples would be 60/100 = 0.6, or 60%.
Therefore, the fraction of families that claim they would buy eco-labeled apples is 0.6 or 60%.
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A waitress assumes a group of poorly dressed customers to be ungenerous tippers. She doesn't pay much attention to them during their meal, forgets to bring their drinks, and doesn't ask if they want dessert. In the end, she gets the result that she expects, a very small tip. This is an example of:___________
A. self-serving bias.
B. fundamental attribution bias.
C. the halo effect.
D. selective perception error.
E. a self-fulfilling prophecy.
Answer:
E. A self fulfilling prophecy
Explanation:
Self fulfilling prophecy is a situation or psychological term whereby an individual predicts or expects something, in which the prediction or expectation comes to pass because the individual believes it will, thus the behaviour that follows is in line with that beliefs. It is a prediction that is made to be true because of the behaviour of the believer. In this scenario, the waitress assumes and believes the group of people to be poor, this behaving in a way that neglected them which gender up with here recieving a bad tip. That is, her behaviour making her predictions about them to be true.
What is a similarity between trade sales promotion and consumer sales promotion?
Answer:
Both focus on providing incentives to consumers or wholesalers to make an immediate purchase.
Explanation:
Trade sales promotion serves a purpose of taking products out of warehouses to points of retails where consumers can make purchases. The consumer sales promotion pulls customers into retail stores to promotional display units, giving shoppers the incentive to make an immediate purchase.
The Consumer sales promotion and trade sales promotions share a similarity. They are both used in helping to drive short-term consumer demand for products by giving consumers or wholesalers the incentive to purchase now or incentive to make an instant payment.
Lyle’s manager just handed him a list of goals for the year. Because Lyle had no say in setting these goals, he isn’t sure that they are the right ones for him, and as a result, he isn’t very motivated to accomplish them.
Answer: Goal acceptance
Explanation:
Most times in organizations, it is the people in leadership positions who set and manage goals for the employees and it is rare for staff to be part of the goal setting process,
Such employees are sometimes not sure of what to do and how to achieve the goals. Such employees are not in charge of their own responsibilities. Employee goal acceptance is when employees are just part of the process when making decisions even though the goals are set by the management.
Answer:
Goal acceptance
Explanation:
Goals setting means outlining the desired objectives to achieved by a business or an organization for the period. Organizations usually set goals at the beginning of each period or year. This will guide them throughout the course of the period should their be any deviation from these set goals.
When goals are spelt out and cascaded to lower cadre, the surbodinate must take ownership of the goals related to him or her. There must be commitment to the attainment of these goals by the surbodinate.
Managers have a duty to help and guide surbodinates reasonably so that they can accept the goals and make it their own. Where goals are not clearly spelt out or are ambiguous, it is the duty of the manager to help simplify and make it clearer for his surbodinate.
It is also imperative that surbodinates are involved in goal settings. Their involvement would bring internalization and drive essential to the attainment of these goals.
A profit maximizing firm will hire inputs in combinations A. such that the marginal physical product per last dollar spent on each factor of production is equalized. B. that equate marginal revenue products of each input. C. that minimize the prices of inputs. D. that equate marginal physical products of each input.
Answer:
The correct answer is letter "A": such that the marginal physical product per last dollar spent on each factor of production is equalized.
Explanation:
The general concept of profit maximization relies on equalizing the marginal revenue to the marginal costs of a firm. The company selects the inputs necessary for production as well as the outputs that are likely to help to generate revenues at its maximum level. Inputs are hired in combinations when the last dollar spent on each input equals the marginal output.
Profit maximizing firms will hire inputs in combinations that equalize the marginal benefit from each input to its cost. This is not about minimizing input costs, but about maximizing the profit from each input.
Explanation:A profit maximizing firm will hire inputs in combination such that the marginal physical product per last dollar spent on each factor of production is the same (principle of equi-marginal utility) or the marginal revenue products of each input are the same. This means that the firm will balance the costs and benefits of each input in such a way that no change in the input mix can further increase profit. The idea is to get the most output from the least cost. It's not about minimizing the cost of inputs, but rather about equating the marginal returns of each input to the cost of that input. So the correct answers are options A and B. For example, if a firm finds that hiring an additional employee generates more additional revenue than it costs, then it is profitable to hire that worker. But if the additional revenue from hiring one more worker is less than the cost, then it is not profitable to hire that worker.
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When the interest rate in the U.S. rises, U.S. financial assets: become less attractive to foreign buyers. become more attractive to both foreign and domestic buyers. become less attractive to both foreign and domestic buyers. become less attractive to domestic buyers and more attractive to foreign buyers.
Answer:
Becomes less attractive to domestic buyers and more attractive to foreign buyers.
Explanation:
When the interest rates rise, it attracts foreign buyers. This increases the demand and value of the United States dollar. lower interest rates is unattractive for foreign investment and decreases the value and demand of the dollar.
But on the other hand,a higher interest rate is unattractive to domestic buyers.
Software (such as typical tax preparation software) which in essence interviews the user is following which user interface metaphor? a. Interview metaphor b. Collaboration metaphor c. Document metaphor d. Dialog metaphor
An HCI metaphor that compares communicating with a computer to having a conversation or dialog The user makes a request of the computer, and the computer responds. Hence option D is Correct .
What is Dialog Metaphor ?The screens that users will utilize and how they interact with other program components are defined by the revised boundary classes. Two metaphors are typically employed while creating user interfaces.
Dialog Metaphor is a method of user-system communication that involves the use of menus, function keys, or the entry of commands through a command line. Such a metaphor is frequently employed in the methodical approach to creating user interfaces that are displayed on terminals with character or text input.
System utilizing GUIs, or graphical user interfacesThese user interfaces are event-driven, meaning that they react when a user, let's say, hits a button. The user gets the idea that they are moving things around on the screen.
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# SPJ 5
If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates across the country, the loanable funds market will experience an increase in the _____ loanable funds and _____ in equilibrium interest rates. supply of; an increase demand for; an increase supply of; a decrease demand for; a decrease
Answer:
supply of; a decrease
Explanation:
If the recent financial crisis raises awareness about the dangers of not saving, leading to an increase in overall savings rates across the country, the loanable funds market will experience an increase in the supply of loanable funds and a decrease in equilibrium interest rates.