Answer:
a. 120, and this indicates that the price level has increased by 20 percent since the base year.
Explanation:
Nominal GDP is the amount of goods and services produced by a country taking inflation and deflation into account. Real GDP is the amount of goods and services produced in a country based on prices of a base year. a base year is a chosen year that is used as a reference.
GDP deflator is calculated as follows:
Nominal GDP ÷ Real GDP × 100
( 12 trillion ÷ 10 trillion ) x 100
= 120
the change ∴ is an increase in 20% from the base year
The GDP deflator is 120, indicating that the price level has increased by 20 percent since the base year. It measures the change in prices for all goods and services produced in an economy. It's important to distinguish between nominal and real measurements since the GDP deflator provides insight into whether changes in GDP are due to changes in price level or quantities of goods and services produced.
Explanation:The GDP deflator measures the change in prices for all of the goods and services produced in an economy. Given the nominal GDP ($12 trillion) and the real GDP ($10 trillion), we calculate the GDP Deflator as (Nominal GDP / Real GDP) * 100. Therefore, in this case the GDP Deflator should be (12 trillion/10 trillion)*100 = 120. This means the correct answer is Option a: The GDP deflator is 120, indicating that the price level has increased by 20 percent since the base year.
The distinction between nominal and real measurements is crucial in economic statistics. When the GDP deflator is used, the real value is generally more important because it has been adjusted for inflation. The GDP Deflator is a measure that gives us insights into whether changes in GDP is due to changes in the price level or due to changes in the quantities of goods and services produced.
Do note, however, that changes in the GDP deflator over the years do not translate directly into changes in the cost of living or inflation rate. It merely indicates the current price level relative to the price level in the base year.
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We are going to choose either of Mary or Mark for the role of Scrum Master. Mary knows Scrum very well, but she's very young and has no real world experience. Mark doesn't know Scrum, but has eight years of experience in managing IT projects. Which one is a better choice for the role of Scrum Master?
A. Mary, because she knows Scrum and doesn't have to manage the project. B. Mary, because she knows Scrum and she will learn project management soon.C. Mark, because he knows project management and doesn't have to know Scrum.D. Mark, because he knows project management and will learn Scrum soon.
Answer: Scrum Master is provided with responsibilities for ensuring that his/her group actively follow intelligent belief and value, also pondering onto the fact that the group follows the operation and practices agreed upon.
Their roles mostly encompasses the following:
(a) removing hindrance for his/her team, so they can work smoothly.
(b) Providing his/her team with surroundings where they can be effective.
(c) Addressing group dynamics whether it is intra-group or inter-group.
Here, in this particular case we have two candidates:
1. Mary knows Scrum very well, but she's very young and has no real world experience.
2. Mark doesn't know Scrum, but has eight years of experience in managing IT projects.
So, in this case Mary is a better choice for the role of Scrum Master because she knows Scrum and she will learn project management soon.
Which Response core capability includes delivering essential commodities, equipment, and services in support of impacted communities and survivors, to include emergency power and fuel support, as well as the coordination of access to community staples? A. Logistics and Supply Chain Management B. Mass-Care Services C. Infrastructure Systems D. Environmental Response/Health and Safety
Answer: the correct answer is A. Logistics and Supply Chain Management
Explanation:
Logistics and Supply Chain Management has to do with delivering and managing essential commodities, equipment, and services whether it is in an emergency or a routine operation in a company.
Answer:
"A"
Explanation:
Logistics and supply chain management is about delivering essential commodities ,equipment and services in support of impacted communities and survivors to include emergency power and fuel support .as well as coordination of access to community staples.
While supply chain management is the administration of goods and services from the stage of raw materials to finished goods , Logistics addresses the area of network design transportation and inventory management
'As fewer people buy gym memberships, the demand for running shoes will decrease and the price of a pair of running shoes will increase. The rise in the price of a pair of running shoes will increase the supply of running shoes". This statement is _____ because _____. a. true; the increase in the price of a pair of running shoes increases the supply of running shoes to eliminate the shortage. b. false; a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase teh supply of running shoes. c. true, when the demand for running shoes increases, the supply for running shoes increases too so that no surplus occurs d. true; when the demand for running shoes increases, the supply of running shoes increases so that the price of a pair of running shoes doe not increase e. false; the decrease in the demand for running shoes creates a surplus and to eliminate the surplus, supply increases
Answer: "The rise in the price of a pair of running shoes will increase the supply of running shoes".
This statement is false because a decrease in demand for running shoes does not increase the price of a pair of running shoes and an increase in the price of a pair of running shoes does not increase the supply of running shoes.
This occurs as the price of a pair of running shoes increases,therefore decreasing the demand and thus the supply will not increase.
Steve Jobs was a strong, charismatic leader who co-founded Apple and is credited with much of the success of the company. Some believe that Tim Cook, who became CEO in 2011, embraces a more collaborative leadership style. Do research to compare and contrast the leadership styles of the two CEOs. (You may wish to view the 2013 movie JOBS, which portrays the story of Steve Jobs’ ascension from college dropout to Apple CEO.) Which CEO—Jobs or Cook—do you think developed and executed the most effective strategic plan? What evidence can you find to support your opinion?
Answer:
I would say Steve jobs because he founded the company with rules that they still follow to this day
Comparing the leadership styles of Steve Jobs and Tim Cook at Apple, and evaluating their effectiveness in strategic planning.
Steve Jobs was known for his achievement-oriented leadership style, focusing on innovation and creating a culture of hard work and creativity at Apple. On the other hand, Tim Cook is often seen as embracing a more collaborative leadership style, prioritizing teamwork and inclusivity in decision-making.
One could argue that Steve Jobs developed and executed a more effective strategic plan for Apple due to his visionary approach that revolutionized multiple industries and set high standards for innovation.
Gamma corporation, an American company, signs a contract with Theta corporation, a company from another nation, where Theta will provide Gamma with certain raw materials. Because of the economy in its nation, there are many more people looking for jobs than there are jobs available. Theta hires employees at extremely low wages and does not maintain facilities up to American standards. Newspapers accuse Gamma of engaging in unethical behavior. Is Gamma's behavior ethical?
a. Yes, because it is good business to maximize profits, and those foreign citizens are better off with a job than without one.
b. No, because Gamma has an ethical obligation to make sure that people who work for them, either directly or indirectly, are being treated fairly.
c. No, because Gamma has a legal and ethical duty to make sure that foreign suppliers maintain working conditions that meet or exceed American standards.
d. Yes, because Gamma cannot be expected to investigate and oversee all of their suppliers, and Gamma is not doing anything wrong.
Answer:
b. No, because Gamma has an ethical obligation to make sure that people who work for them, either directly or indirectly, are being treated fairly.
Explanation:
In the context of productive globalization, it is natural for companies in one country to set up their factories in other countries and to hire companies that outsource their labor. However, contracting companies must maintain the standards of labor rights in force in the country in which employees are hired. A multinational corporation that considers itself ethical has a moral duty to enforce compliance with legislation that protects the welfare of workers.
Match the term or phrase with its best descriptor.Maximum sustainable yieldA. available biomass of a target speciesB. incidental catchC. maximum catch without reducing the population of target speciesD. dolphins and other mammal protectionE. farming of commercial fish and shellfish
Answer: Option C
Explanation: The best descriptor for the term maximum sustainable yield would be "maximum catch without reducing the population of target species". The maximum level at which the natural resources can be exploited without having any serious threats to the future is called sustainable yield. So as per this case sustainable yield is the extent of hunting a species that fulfills the requirement of today and does not threat the future needs.
Total surplus is A. the total cost to sellers of providing the good minus the total value of the good to buyers. B. the difference between consumer surplus and sellers' cost. C. always smaller than producer surplus. D. the total value of the good to buyers minus the cost to sellers of providing the good.
Answer:
The correct answer is option D.
Explanation:
Total surplus is also known as economic surplus and is the sum of consumer surplus and producer surplus.
Consumer surplus can be defined as the difference between total amount the consumer is willing to pay and the price it has to pay actually.
Producer surplus can be described as the difference between the amount a supplier is willing to accept and the amount it actually gets.
The total surplus can be calculated through the total value of the good to buyers minus the cost to sellers of providing the good.
A change in the asset turnover ratio from 1.3 to 1.6 would indicate a. a decrease in the effectiveness of assets in producing sales. by. an unfavorable trend in using assets to generate sales. ca favorable trend in using assets to generate sales. d. None of these choices are correct.
Answer:
a decrease in the effectiveness of assets in producing sales by a favorable trend in using assets to generate sales.
Explanation:
Assets turnover ratio = [tex]\frac{Net Sales}{Average assets}[/tex]
Therefore when the ratio increases it means the level of sales has increased, with a higher rate than earlier.
Now also with this it reflects that the effectiveness of assets in producing sales as by a favorable trend, as higher the ratio more favorable it is, as depicts higher sales.
An increase in the asset turnover ratio from 1.3 to 1.6 indicates a favorable trend in using assets to generate sales, reflecting improved efficiency and financial health of the company.
The asset turnover ratio measures how effectively a company uses its assets to generate sales revenue; the higher the ratio, the more efficient the company is at utilizing its assets. In this case, the improvement from 1.3 to 1.6 suggests that the company has become more efficient at converting its assets into sales, which is a positive trend for its financial health.
The underlying principle here is that a company's financial strength or health can often be assessed by how well it can turn its assets into revenue. This includes understanding not just the balance sheet but also the income statement, which shows the relationship between revenues and expenses.
Chip’s Woodworking manufactures and sells specialty wood plaques. The production manager reported that the company needs to produce an additional 1,000 plaques to meet customer demand in January. The managerial accountant needs to prepare an external report to show the inventoriable product cost per unit under the absorption costing system. Which of the following represents the cost per unit to produce an additional 1,000 plaques under the absorption costing system? Use the following data to compute your answer.
Chips Woodworking
Manufacturing Cost Report
January
Direct materials $6
Direct labor $10
Fixed manufacturing overhead $6,000
Variable manufacturing overhead $6
Fixed operating expenses (selling, general, and administrative) $2,000
Variable operating expenses (selling, general, and administrative $2
Unit Cost ?
The inventoriable product cost per unit under the absorption costing system for producing an additional 1,000 plaques is $28, calculated by adding the direct materials, direct labor, variable manufacturing overhead, and allocated fixed manufacturing overhead per unit.
Explanation:To calculate the inventoriable product cost per unit under the absorption costing system for Chip's Woodworking, we need to add together the direct materials, direct labor, and both fixed and variable manufacturing overhead costs, and then divide by the number of units to be produced.
Direct materials: $6Direct labor: $10Variable manufacturing overhead: $6Fixed manufacturing overhead: $6,000 for the additional 1,000 plaques (meaning $6,000 / 1,000 units = $6 per unit)The combined cost per unit will be $6 (direct materials) + $10 (direct labor) + $6 (variable manufacturing overhead) + $6 (fixed manufacturing overhead per unit) = $28.
It is important to note that fixed operating expenses (selling, general, and administrative) and variable operating expenses are not included in the calculation for inventoriable product costs under absorption costing. These expenses are considered period costs and are not used to determine the cost of producing the plaques.
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Nuno owns a recording studio with high-quality equipment. He allows artists to schedule sessions based on their flexibility, and he also allows them to bring their own sound engineer and work with him or her to achieve the desired result. As a result, his customers frequent his studio and recommend it to their friends and colleagues. The opportunity of _____ is highlighted in the given scenario.
Answer:
As a result, his customers frequent his studio and recommend it to their friends and colleagues. The opportunity of providing personal customer service is highlighted in the given scenario.
Explanation:
To serve in a personalized way, it is essential to know your customers well. Nuno knew what the needs of customers attending a recording studio were. For this reason, Nuno equipped his study with the best material on the market, but gave his clients the freedom to schedule sessions based on their flexibility, and also allowed clients to take their own sound engineer and work with him for the best result. .
With this Nuno has established a personal customer service, and this has been the success of his recording studio.
The opportunity of Nuno approach is highlighted in the given scenario.
The opportunity highlighted in the given scenario is that of providing a high-quality and personalized service in the recording industry. Nuno's recording studio stands out due to several key practices that enhance customer satisfaction and loyalty:
Flexibility in Scheduling: Nuno allows artists to book recording sessions based on their availability. This flexibility is crucial for clients who may have busy schedules or specific time windows when they are ready to work on their music.
Collaboration with Personal Engineers: By permitting artists to bring their own sound engineers, Nuno empowers them to maintain creative control over their recordings. This collaboration can lead to a more satisfying experience and a final product that aligns with the artists' vision.
High-Quality Equipment: The mention of high-quality studio equipment indicates that Nuno's studio is capable of producing professional-grade recordings, which is a significant draw for artists seeking to create competitive music.
Word-of-Mouth Promotion: The positive experiences of his customers lead to recommendations to friends and colleagues. This organic marketing is invaluable, as personal recommendations tend to be more trustworthy than traditional advertising.
Overall, Nuno's approach capitalizes on the principles of service quality and customer relationship management, leading to a strong competitive advantage in the recording industry.
Which of the following statements are correct (Select all that apply): Select one or more: A. A balance sheet reports on investing and financing activities. B. An income statement reports on financing activities. C. The statement of equity reports on changes in the accounts that make up equity. D. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time. E. A balance sheet reports on a company's assets and liabilities over a period of time.
Balance sheet (A, E) shows investments/financing indirectly and assets/liabilities at a point. Equity statement (C) tracks changes in equity accounts. Cash flow statement (D) details cash in/out for operating, investing, and financing. Income statement (B) excludes financing activities. Choose A, C, D, E. So, the statement B is incorrect.
The following statements are correct:
A. A balance sheet reports on investing and financing activities: While the balance sheet primarily focuses on a company's assets and liabilities at a specific point in time, it also indirectly reflects past investment and financing decisions through the composition of those assets and liabilities.
C. The statement of equity reports on changes in the accounts that make up equity: This statement specifically tracks changes in retained earnings, share capital, and other equity components over a period.
D. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time: This statement provides detailed information on the sources and uses of cash during a specific period, categorized by operating, investing, and financing activities.
E. A balance sheet reports on a company's assets and liabilities over a period of time: As mentioned earlier, the balance sheet captures a snapshot of a company's financial position at a specific point in time, showcasing its assets (what it owns) and liabilities (what it owes).
Therefore, the correct answers are A, C, D, and E.
Statement B is incorrect: An income statement primarily focuses on a company's revenues and expenses during a specific period, reflecting operating performance and profitability. It does not directly report on financing activities.
Q- Which of the following statements are correct (Select all that apply): Select one or more: A. A balance sheet reports on investing and financing activities. B. An income statement reports on financing activities. C. The statement of equity reports on changes in the accounts that make up equity. D. The statement of cash flows reports on cash flows from operating, investing, and financing activities over a period of time. E. A balance sheet reports on a company's assets and liabilities over a period of time.
Which of the following statements is true about marginal revenue?
a) If marginal revenue is zero, it means that quantity demanded falls to zero when a firm changes its price.
b) If marginal revenue is negative, the additional revenue received from selling 1 more unit of the good is smaller than the revenue lost from receiving a lower price on all the units that could have been sold at the original price.
c) If marginal revenue is positive, the additional revenue received from selling 1 more unit of the good is smaller than the revenue lost from receiving a lower price on all the units that could have been sold at the original price.
d) Marginal revenue increases as price falls and quantity sold increases.
Answer: Option B
Explanation: Marginal revenue is the additional revenue from selling one more unit.
A. Marginal revenue equals zero means there is no additional revenue from selling one more unit, the demand could be positive.
B. Negative marginal revenue shows that the revenue earned from selling additional unit is less than the additional unit sold before.
C. Positive marginal revenue shows that the revenue earned from selling additional unit is more than the additional unit sold before.
D. Marginal revenue increases when price and quantity both increases.
The true statement about marginal revenue is that If marginal revenue is negative, the additional revenue received from selling 1 more unit of the good is smaller than the revenue lost from receiving a lower price on all the units that could have been sold at the original price. So, option b is correct.
The correct answer to the question on marginal revenue is option b). If marginal revenue is negative, the additional revenue received from selling 1 more unit of the good is smaller than the revenue lost from receiving a lower price on all the units that could have been sold at the original price. This occurs because, for a monopolist who faces a downward-sloping demand curve, selling an additional unit at a lower price leads to less revenue on the previously sold units, which can outweigh the revenue gained from the additional unit sold. Moreover, marginal revenue is positive in the elastic range of a demand curve and negative in the inelastic range. Marginal revenue can indeed be zero or negative contrary to what some might intuitively believe.
A government's assets include inventory of $2 million, roads constructed for $25 million with accumulated depreciation of $10 million, and equipment acquired for $5 million with accumulated depreciation of $1 million. Its liabilities include an outstanding balance of $5 million for bonds payable issued to construct the roads and a $1 million short-term loan for inventory purchases. What amount should be reported as the net investment in capital assets in the government-wide statement of net position?
$10 million
$26 million
$14 million
$25 million
Answer: $14 million is the amount that should be reported as the net investment in capital assets in the government-wide statement of net position.
Inventory is not a capital asset also the liability in regards to acquisition of inventory is left out. In this case capital assets are in regards with the roads and equipment.
Final answer:
The net investment in capital assets is calculated by subtracting accumulated depreciation and associated debt from the capital assets' historical costs. In this case, the net investment in capital assets is $14 million for the government's roads and equipment, after accounting for depreciation and outstanding bonds.
Explanation:
To calculate the net investment in capital assets for the government-wide statement of net position, we need to consider the historical cost of the capital assets and subtract accumulated depreciation and any outstanding debt associated with those assets. The calculation for the student's question is as follows:
Cost of roads: $25 millionLess accumulated depreciation on roads: $10 millionCost of equipment: $5 millionLess accumulated depreciation on equipment: $1 millionMinus bonds payable for roads: $5 millionMinus short-term loan for inventory (not included in net investment in capital assets calculation)Net investment in capital assets is calculated as the roads cost ($25 million) minus the accumulated depreciation on roads ($10 million) plus equipment cost ($5 million), minus accumulated depreciation on equipment ($1 million), minus the bonds payable for roads ($5 million). This equals $14 million, which is the total net investment in capital assets
After Fidel Castro took power in Cuba in 1959, his government seized control of American property without paying compensation. Coca-Cola, DuPont, Texaco, and dozens ofother American companies have filed claims against Cuba seeking financial settlements. Which of the following terms most specificallydescribes the action Castro took against these companies?A. nationalizationB. confiscationC. expropriationD. internationalizationE. deportation
Answer:
B. Confiscation
Explanation:
The confiscation is an action that is taken by a relevant authority seizing the properties or goods of a company or person. When these goods are taken, the authority that seized the goods and properties does not recognize any payment or monetary compensation for the goods.
Which of the following statements is true?
A. A marketing manager must allocate an advertising budget to promote the product least effectively.
B. Managers are not constrained by resource scarcity.
C. Human resource managers design compensation systems to encourage employees to work hard.
D. A production manager's objective is normally to achieve a production target at the highest possible cost.
Answer:
C. Human resource managers design compensation systems to encourage employees to work hard.
Explanation:
Human Resources manager is in charge of the recruiting processes, the improvement of the company job environment and the welfare at work of the people who is involved with the company. According to the incentive theory, a person may be motivated by the implementation of rewards to reinforce a good behavior. The human resources managers design compensation systems to reach their objectives of strengthen the good behaviour of the people for the improvement of the company job environment.
If you are vacationing in France and the dollar depreciates relative to the euro, then a. the dollar buys more euros. It will take more dollars to buy a good that costs 50 euros. b. the dollar buys fewer euros. It will take fewer dollars to buy a good that costs 50 euros. c. the dollar buys fewer euros. It will take more dollars to buy a good that costs 50 euros. d. the dollar buys more euros. It will take fewer dollars to buy a good that costs 50 euros.
Answer:
c. the dollar buys fewer euros. It will take more dollars to buy a good that costs 50 euros.
Explanation:
When a currency depreciates, it will decrease their value in relathinship wth the other currency.
This means the dollar will buy less euros.
This makes statment A and D FALSE.
If the dollar is worth less then, the amount of dollar required for a given amount (50) will be higher,
it takes more dollars to buy 50 euros of goods.
Option C is the only statment which express both situation.
Flora, who owns and operates Garden Fresh Organic Farms, agrees to sell Harvesters Grocery a minimum quantity of fresh fruits and vegetables every week for three months. If bad weather destroys Flora’s crops, the obligation to deliver produce to Harvesters is A. suspended. B. breached. C. discharged. D. not affected.
Answer: the correct answer is A. suspended
Explanation:
Because of a major cause the obligation to deliver produce to Harvesters is suspended.
Answer:
C) discharged
Explanation:
Since Flora's crops were destroyed by bad weather, her contract obligation is discharged due to a clear impossibility to perform. This means that even if Flora tries to perform her part of the contract, she will not be able to do it, at least not according to the recent circumstances. This type of actions are caused by acts of God (legal way to say natural forces), e.g. floods, fires, hurricanes, etc., and the parties involved in the contract are not responsible for them.
Poe Co. had 300,000 shares of common stock issued and outstanding at December 31, Year 1. No common stock was issued during Year 2. On January 1, Year 2, Poe issued 200,000 shares of nonconvertible preferred stock. During Year 2, Poe declared and paid $75,000 of cash dividends on the common stock and $60,000 on the preferred stock. Net income for the year ended December 31, Year 2, was $330,000. What should be Poe’s Year 2 basic earnings per common share?
Answer:
Poe's Year 2 Basic Earnings per share = $0.9
Explanation:
Provided Year 2 Net income = $330,000
Cash dividend paid to preference shares = $60,000
Net earnings available for equity = $330,000 - $60,000 = $270,000
Now outstanding common equity = 300,000 shares
Earnings per share = $270,000/300,000 = $0.9 per share
Note: Dividend paid to common stock is also earnings of common stock, that is dividend is part of common stock.
Therefore dividend paid to common stock will not be deducted and preference shares are paid in priority to equity, therefore dividend to preference is deducted to get the value of earnings available for equity.
Final Answer
Poe's Year 2 Basic Earnings per share = $0.9
An employee earns $6,300 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The employee has $214 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $182 and contributes $91 to a retirement plan each month. What is the amount of net pay for the employee for the month of January?
FICA is a federal payroll tax in the US. The Federal Insurance Contributions Act is what it is called, and it is taken out of every paycheck. The Amount pay for January is $ 859.95.
What is FICA Tax ?Your nine-digit number enables Social Security to precisely record your self-employment or insured wages.
Federal income taxes do not include FICA. Although the employee's gross wages serve as the foundation for both taxes, they are two distinct elements that are computed separately.
Old-age, survivors, and disability insurance (OASDI) is a benefit provided by Social Security; Medicare offers hospital insurance benefits for the elderly. Payroll tax payments made over the course of a person's working life have a small but indirect impact on the annuity they get from social security after retirement.
Kevin Hassett concluded that FICA is not a tax because it is directly related to benefits that one is qualified to receive in later life.
Computation of the amount of net pay for the employee for the month of January
Social Security tax 390.6 =6300*6.2%
Medicare tax 91.35 Â =6300*1.45%
FUTA tax 37.8 =6300*0.6%
SUTA tax 340.2 =6300*5.4%
Payroll taxes expense 859.95 Â
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This answer provides a detailed calculation of an employee's net pay after various deductions and taxes are applied.
Explanation:Net Pay Calculation:
Gross pay: $6,300Deduct FICA (Social Security + Medicare): ($6,300 * 6.2%) + ($6,300 * 1.45%)Deduct Federal Income Tax: $214Subtract Health Insurance: $182Subtract Retirement Plan Contribution: $91Calculate Net Pay = Gross Pay - (FICA) - Federal Income Tax - Health Insurance - Retirement PlanThe owner of Fido's Pet Supplies wants to know how much dry dog food to stock in her new location. On her customer questionnaire, which of the following questions would be most likely to help her estimate her needs? A. How often do you buy dry dog food? B. How much do you spend every week on dog food? C. Does your dog prefer canned or dry food? D. How many pounds of dry dog food do you buy each week?
Answer: Option D
Explanation:
A. Asking how often the customer buys the product might not give fair results as it highly depends on customers behavior and also no certain time period is considered.
B. Expenditure might not give fair results as some customers might purchase less of a product but the brand they consume is expensive than others.
C. Preference of the user is not complete information as there is no quantity and time period consideration in data.
D. In this option one is getting information about both quantity required and the time period for which it required. Hence, option D is the correct answer.
Answer:
D. How many pounds of dry dog food do you buy each week?
Explanation:
I got this correct on the PF test.
Hope this helps! :))
Which resource management task includes activating local resource requirements, if available? A. Track and Report B. Mobilize C. Order and Acquire D. Reimburse and Restock
Answer:
The answer is (C) Order and Acquire
Explanation:
Resource management is the deployment or organizational resources according to what the organization currently needs. The options given in the question is part of the process commonly implemented during a resource management action. In the event that resources need to be acquired to solve the problem in the organization, the step that the manager must engage in is to order and acquire these resources.
The resource management task that includes activating local resource requirements is Order and Acquire. It focuses on identifying, ordering, and acquiring necessary resources including personnel, supplies, and equipment required during times of need.
Explanation:The resource management task that includes activating local resource requirements, if available, is C. Order and Acquire. This task involves identifying, ordering, and acquiring resources including personnel, supplies, and equipment required to support disaster response activities. The function of this task is to ensure that all necessary resources are in place and ready for use when their need arises. For instance, in case of a natural disaster, this may involve activating local healthcare providers, emergency services, and supplies of food and water.
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The government of Ledroy Coast, an island country, has imposed restrictions on the number of cars that can be imported in one year from Randavia, a leading car manufacturing country. This has helped the domestic car manufacturers of Ledroy Coast in increasing their market share. What trade restrictions has the government of Ledroy Coast imposed in this scenario?
Answer:
Quota
Explanation:
A quota is a type f trade restriction which limits the amount of goods that can be imported. In this case, the number of cars that can be imported from Randavia into Ledroy Coast has been limited to a certain number.
If for example the demand for cars in Ledroy Coast is 10,000 cars per annum, and the quota on imported cars has been set at 2,000, that means that customers have to explore and buy locally manufactured cars, and local manufactures will sell 8,000 cars in that year. A quota would thus leave most of the car market to local car manufacturers.
The Peter's Group originated four years ago, and since then, the company has grown each year. Management has focused on making sure that the organization's strategic goals cascade down through the organization so that the employees can work together in pursuit of common ends. Peter's Group is using ________ in their organization.
Answer:
The Peter's Group originated four years ago, and since then, the company has grown each year. Management has focused on making sure that the organization's strategic goals cascade down through the organization so that the employees can work together in pursuit of common ends. Peter's Group is using aligned goals in their organization.
Explanation:
Aligned goals is what organizations do in order to gather all the forces towards the achievement of common objectives.
After trying out different brands of toothbrushes, Martin has decided that he prefers Oral B the most. Whenever he is out grocery shopping, he always purchases several of these toothbrushes, to stock up in case the store runs out in the future. To Martin, Oral B toothbrushes are _____ offerings.
Answer:
To Martin Oral b toothbrushes are shopping offerings.
Explanation:
First of all offerings are nothing but the goods and services which are designed by firms in such a way that they deliver values to the consumers.
Shopping offerings are that type of offerings for which a consumer ( like Martin in this case ) would make an effort to do comparison between certain products of two different brands , to see which one is right for him ( like in this case oral b is for Martin ) and that too at the right price.
Clemente Santiago has formed a business that sells carved gourmet coconuts. He has hired five employees. The most senior is Mary, who manages the carving process. Jane is the newest employee. She collects the coconuts. Joe takes calls from unhappy customers. Tom tosses finished coconuts into the sea, sending them to the wholesaler. Annie sends letters to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay. Which of the following functions in the value chain is JANE performing?Outbound logistics Marketing and sales Service Inbound logistics Operations
Answer:Inbound logistics
Explanation:
The Inbound logistics is the part of logistics that is in charge of providing the raw materials and the necessary supplies for the company's production. It implies all the parts of the process acquiring, storaging and delivering processes. Through its functions the inbound logistics assure that the company will have the necessary supplies for the production process
Jane is responsible for inbound logistics, as she collects the raw materials (coconuts) necessary for the production of carved gourmet coconuts.
In the value chain for a manufactured good, inbound logistics involve acquiring the raw materials necessary for production. Since Jane is responsible for collecting the coconuts, which are the primary raw material for the carved gourmet coconuts, her role is crucial to the initial stage of the value chain.
The tax _______.
A. makes the demand for land more elastic and the supply of land less elastic
B. decreases the equilibrium quantity of land below the efficient level and creates a deadweight loss
C. decreases the equilibrium quantity of land below the efficient level and eliminates the deadweight loss
D. leaves the equilibrium quantity of land unchanged, so the market is efficient
Answer:
B. decreases the equilibrium quantity of land below the efficient level and creates a deadweight loss
Explanation:
An efficient economy is one whose equilibrium between supply and demand for land is due to endogenous factors via price. Under the law of supply and demand, price will be the adjustment vector that will balance the land market.
When the government introduces a tax, the price parameter changes, introducing an inefficiency called deadweight. Deadweight is a term widely used in economics to designate efficiency losses in markets when a tax is introduced. Thus, the economy will move from its natural equilibrium to a new artificial equilibrium, where the amount traded will be smaller than before.
The impact of taxes on market equilibrium, particularly for land, usually results in a decreased equilibrium quantity and the creation of a deadweight loss, thereby making option B the correct answer.
The question pertains to the effects of taxes on the market equilibrium of land, specifically in regard to the efficient level and deadweight loss. Taxes can significantly impact markets, depending on the elasticity of demand and supply. In the case of inelastic supply markets, such as beachfront hotels, sellers have limited options but to accept lower prices, and thus taxes do not greatly affect the equilibrium quantity. This scenario typically results in the tax burden being shifted to sellers. However, for markets where supply is elastic, and sellers can adjust their operations, the introduction of a tax can lead to a significant decrease in the quantity sold as sellers try to avoid the tax burden.
Understanding opportunity cost before you started applying for college, a job recruiter offered you a full-time cashier position at a doctor’s office, earning an after-tax salary of $22,000 per year. However, you turn down this offer and attend your first year of college. The additional monetary cost of college to you, including tuition, supplies, and additional housing expenses, is $34,000. You decide to go to college probably because?
A. You value a year of college at $22,000
B. You value a year id college of $34,000
C. You value a year of college less than $34,000
D. You value a year of college at more than $56,000
Answer: You decide to go to college probably because"You value a year of college at more than $56,000"
Opportunity costs are the benefits an respective individual, leaves while determining to pick one alternative over another.
So, you will attend college if you perceive value of attending college more than ($22,000 + $34,000)= $56,000
You deposit a $100 check from a friend in your account. A couple of days later, you buy $45.20 worth of groceries and pay with a check. Two days later you receive a note from the bank stating that your friend’s check bounced and you owe the bank a $25 fee. Since your friend's check bounced, your account balance was actually $100 less than you thought it was, and the check you wrote to the grocery store bounced. Guess what? The bank debited your account another $25 for bouncing the check. It gets worse. The next day you receive a letter from the grocery store that you owe them $25 in fees for the bad check and that you have to pay the original $45.20 with a money order that will cost you $1. Calculate how much you actually spent for your groceries.
Answer:
The correct answer is, $121.2
Explanation:
You went for grocery and paid the bill through check.
Amount of grocery purchased: $45.20
You check bounced and you owe bank $25 because you didn't have much balance in your account that you paid for the groceries.
Your bank did an additional transaction of debiting your account with $25 for the bouncing of your check.
Grocery store sent you the letter to tell that you owe them $25 for the bounced check
You will have to pay again $45.20
Money order fee: $1
So the amount that you actually spent on groceries would be:
$45.2(real grocery amount) + $25(you owe to bank for bouncing your friend's check) + $25( Your check bounced) + $25(grocery store charged due to bounced check) + $1(money order)
= $121.2
So you are actually charged $ 121.2 for the groceries.
As part of the initial screening for possible employment, a nuclear power company administers a psychological test that yields scores on tendencies toward depression and schizophrenia. What is the name of this psychological test?
Answer: It is called Minnesota Multiphasic Personality Inventory (MMPI)
Explanation:
The Minnesota Multiphasic Personality Inventory is a clinical assessment tool widely accepted to measure and diagnose mental health disorders.
The corporate charter of Gagne Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first 2 years of operation, Gagne sold 70,000 shares to shareholders and reacquired 4,000 of these shares. After these transactions, how many shares are authorized, issued, and outstanding
Answer:
authorized 100,000
issued 70,000
outstanding 70,000 - 4,000 treasury stock = 66,000
Explanation:
The amount authorized doesn't change unless the company start the legal procedure to do it.
The shares, once issued, can't be destroyed.
Te outstanding shares are the mount in the market, that will be the issued shaes less the treasury stock, which are shares in the company's possesion.
Final answer:
The number of shares authorized is 100,000, the number of shares issued is 70,000, and the number of shares outstanding is 66,000.
Explanation:
The number of shares authorized refers to the maximum number of shares that a corporation is allowed to issue, as stated in its corporate charter. In this case, Gagne Corporation's corporate charter allows the issuance of a maximum of 100,000 shares of common stock.
The number of shares issued refers to the total number of shares that have been sold to shareholders. In this case, Gagne sold 70,000 shares to shareholders.
The number of shares outstanding refers to the total number of shares that are currently held by shareholders, excluding any shares that have been reacquired by the corporation. In this case, Gagne reacquired 4,000 shares out of the 70,000 shares it sold to shareholders. Therefore, the number of shares outstanding would be 70,000 - 4,000 = 66,000 shares.