Answer:
Economic anthropology
Explanation:
The Economic anthropology as subfield that explains that the humans economic behavior and anthropology have a complex relation with economics as the field focuses on an the exchange, the production, and consumption. They study the operations of the corporations, banks, and the global financial perspective. With the rise of the globalized economies, the anthropologists are analyzing the cultural situations as the universal applicability of money is being used as a means of revealing the culture by money that market based societies have formed.Jared, the operations head at Cerise Confectionery, showed gratitude to his employees by hosting an employee appreciation day. In this scenario, Jared used the management function of _____ to boost the morale of his employees
Answer:
Leading is the correct answer.
Explanation:
Leading is a process of influencing, directing and guiding a people of an organization to show them a direction.
Leading is the function that is carried out in the management process to motivate the employees to reach the organizational objectives.
Thus leading create a positive attitude among the people working in the organization.
Sadie runs a local ice cream stand and is developing a new type of ice cream sundae. She just sent a press release to the local newspaper and updated her website with information about the new sundae. Based on this information, Sadie is most likely in the _____ stage of the new-product development cycle.
Answer:
commercialization
Explanation:
The new product development cycle often includes:
+) New product strategy: The objectives and goals of the new products should be researched and determined clearly.
+) Idea: The ideas should be generated and collected from brainstorms or opinions from internal and external environment.
+) Screening: All ideas collected should be condensed to figure most appropriate and feasible ones.
+) Testing: develop the idea into a structural and detailed concepts
+) Business Analysis: Evaluate if the new products are suitable with the market demand and the company's objectives, image or not.
+) Development: Enhance the products to meet the requirements of the company and of the market
+)Market testing: Implement a trial run of the product to test if the marketing mix strategy is appropriate and effective or not.
+) Commercialization: Officially introduce the final products to the market, the public.
As given, Sadie has already sent a press to newspaper and updated information to announce about the new products - introduce with the public.
JVL Inc. sells its only product for $10 per unit. Variable costs are $4 per unit and total fixed costs are $40,000. The company is currently selling 10,000 units per year. By how much will profits increase if sales increase 1,500 units?
Answer:
$9,000
Explanation:
Profit = Total revenue - Total cost
Total cost = Total fixed cost + Total variable cost
Fixed cost = $40,000
Variable costs = variable cost per unit × total output = $4 × 10,000 = $40,000
Total cost = $40,000 + $40,000 = $80,000
Total revenue = price × output = $10 × 10,000 = $100,000
Profit = $100,000 - $80,000 = $20,000
If sales increases by 1500, output would be 11,500
Total variable cost = 11500 × $4 = $46,000
Total cost = $40,000 + $46,000 = $86,000
Revenue = $10 x 11500 = $115,000
Profit = $115,000 - $86,000 = $29,000
Increase in profit = $29,000 - $20,000 = $9,000
I hope my answer helps you
Answer:
$9,000
Explanation:
Current income statement:
total revenue = $10 per unit x 10,000 units = $100,000
total variable costs = $4 per unit x 10,000 units = (40,000)
total fixed costs = ($40,000)
net profits = $20,000
If sales increase by 1,500 units:
total revenue = $10 per unit x 11,500 units = $115,000
total variable costs = $4 per unit x 11,500 units = (46,000)
total fixed costs = ($40,000)
net profits = $29,000
net income increased by $29,000 - $20,000 = $9,000
you can also calculate this using the contribution margin per unit = selling price - variable cost per unit = $10 - $4 = $6 per unit
Since the company has already passed its break even point and was making a profit, every additional unit sold increases net profits = 1,500 units x $6 per unit = $9,000
Suppose that Juan Carlos is filling out a survey that he received in the mail. The survey would do if the price of his favorite toothpaste increased. Juan Carlos reports that nee thpaste increased. Juan Carlos reports that he would switch to a different brand. The survey asks what he would do if the price of all toothpastes increased o if the price of all toothpastes increased. Juan Carlos reports that he must use toothpaste, so he would have to adiust his spending elsewhere. These examps illustrate the importance of:_________
a. the definition of a market in determining the price elasticity of demand.
b. a necessity versus a luxury in determining the price elasticity of demand.
c. changes in total revenue in determining the price elasticity of demand.
d. the time horizon in determining the price elasticity of demand.
Answer:
A. The definition of a market in determining the price elasticity of demand.
Explanation:
Price elasticity of demand is the height of responsiveness of demand or purchase to changes in price. It shows how consumers or buyers would react to the demand for a product when the price of their favourite brand increases.
Reaction of consumers in the market place is one of the determinants of price elasticity of demand. It tells how buyers will switch to different brand of products if the price of their favourite brand increases. It also shows how consumers will adjust their spending abilities if the price of all the brands are increased at the same time.
Alternatively, consumers would demand for the brand that falls within the limit of their spending.
A firm decides to scale back its operations due to projections of slower demand. It will move from a large building to a smaller size office space. It will be paying less in total costs, although its costs per unit of output will be larger. The firm's average cost curve exhibits at these points
Question Options:
constant returns to scale.
diseconomies of scale.
rising fixed costs.
economies of scale.
Answer: ECONOMIES OF SCALE.
Explanation: Economies of scale in business refers to the characteristics of a production process in which an increase in the scale of the firm causes a decrease in the long run average cost of each unit. Here, production is efficient and the best value is received from the resources available thereby making costs per unit of output will be larger.
Answer:
hi your question lacks the required option here are the options
constant returns to scale. dis economies of scale. rising fixed costs. economies of scale.Answer : economies of scale
Explanation:
The Firm's average cost curve will exhibit at the point of economies of scale. economies of scale is the advantage enjoyed by business when they scale up (increase their scale of operation ) the advantage is that the cost per unit of production decreased while when the firms scales back ( reduction in their scale of operation the costs per unit of output will be larger.
and this is due to the fact that the total fixed cost remains the same and this will negatively affect the Average fixed cost of the firm The firm scaling back will find its average cost curve exhibiting itself under the economies of scale.
Tortoise Inc. Had a cost of goods sold of $43,821. At the end of the year, accounts payable balance was $7,843 . How long on average did it take the company to pay off its suppliers during the year ? what might a large value for this ratio imply ?
Answer:
The turnover = Cost of goods sold / Account payable
= 43,821 / 7,843 = 5,59 times
Average suppliers pay off = 365/5,59 = 65,2 ~ 66 days
Explanation:
Roughly speaking, a large value for this ratio imply that T.I might take a lot of time to pay.
Final answer:
The average time it took for Tortoise Inc. to pay its suppliers cannot be calculated with only the end-of-year accounts payable and COGS provided. A complete calculation needs the accounts payable turnover ratio, which requires additional information on how often payments were made within the year.
Explanation:
To calculate the average time it took for Tortoise Inc. to pay off its suppliers during the year, you would typically use the accounts payable turnover ratio. However, since we only have the ending accounts payable balance and the cost of goods sold (COGS), we cannot determine the turnover ratio or the average payment period without knowing the frequency at which the accounts payable were paid off during the year.
To understand this better, let's take an example with all the necessary information: if a company had a COGS of $100,000 for the year and an average accounts payable balance of $20,000, you would calculate the accounts payable turnover ratio as COGS divided by average accounts payable, which would be 5 times per year. If there are 365 days in a year, you would then divide this number by the turnover ratio to find the average payment period, resulting in 73 days (365 / 5).
A large value for this ratio could imply that the company takes a longer time to pay its suppliers, which could mean it is managing its cash flow effectively or could signal potential cash flow issues, depending on the context and industry standards.
A job ________ involves determining, through observation and study, the specific tasks that comprise a job; the knowledge, skills, and abilities necessary to perform the job; and the environment in which the job will be performed.
A. design
B. appraisal
C. specification
D. analysis
E. description
A job analysis involves determining the specific tasks, necessary knowledge, skills, and abilities, and the work environment of a job, with the correct answer being D. analysis.
A job analysis involves determining, through observation and study, the specific tasks that comprise a job; the knowledge, skills, and abilities necessary to perform the job; and the environment in which the job will be performed. The correct answer is D. analysis. Job analysis is a key function within the industrial-organizational psychology and is critical for preparing job descriptions and specifications. It involves both task-oriented and worker-oriented approaches. In the task-oriented approach, each task is rated on various scales including frequency, difficulty, and importance.
The worker-oriented approach, often referred to as job specification, focuses on identifying the knowledge, skills, and abilities (KSAs) required to perform the job. Methods such as observation, surveys, and interviews are used to collect information which is then used in job analysis. This process not only shapes job descriptions but also serves as a foundation for many other HR functions such as selection and training.
Beth purchased a participating life insurance policy 6 years ago. Her life insurance needs have increased, but she has developed a medical condition that makes it impossible for her to purchase more life insurance at affordable premiums. Which dividend option makes sense for Beth to use given her medical condition
Answer:
paid-up additions
Explanation:
Paid-up additions refers to additional payment that insurance buyers can have above the initial required premiums agreed in initial contract, The additional payment will directly increase the amount of money given to the recipient after Beth died.
Typically, this type of insurance is bought by people who experience a sudden malicious illness with very low chance of survival.
How many of the products or foods you use daily come from asia’s many resources
Answer: I use an average of 4
Explanation:
I use this average because most of the products I consume in my country are been imported from that region.
When there is a full forward cover with the spot rate equal to the forward rate all of the following are true EXCEPT: A. The currency hedge ratio is equal to 1. B. The hedge is asymmetric. C. The total position is a perfect hedge. D. There is no uncovered exposure remaining.
Answer:
B. The hedge is asymmetric.
Explanation:
Hedging refers to a technique or a mechanism whereby firms and individuals aim for risk reduction, arising out of uncertain and volatile business situations, which may result into a heavy loss.
For example, an exporter entering into a forward contract to eliminate or reduce the risk of arising out of a future situation wherein, future receipts denominated in a foreign currency, receivable at a future date, may be less than same receipts receivable at current spot exchange rate as on today.
Currency hedge ratio depicts the proportion of total exposure which is covered by hedge w.r.t the total exposure itself.
Asymmetrical hedge refers to covering an exposure by an opposite position wherein the chances of earning profits are higher than the losses current position can lead to. Such an hedge would be similar to covering a call option with a put option. Asymmetrical refers to being of dissimilar or non equal size. Here, it refers to the dissimilarity between prospective profits and losses.
Under a perfect hedge, the loss position in a scenario is completely covered i.e 100% by a prospective gain in other situation, with there being negative correlation between the two scenarios such as if scenario 1 yields a profit, scenario 2 would yield a loss and vice versa.
Joe Perone was a member of Caddy, Shack, & Perone, a general trading partnership. He died and the partnership is being liquidated in a bankruptcy proceeding, but Perone's estate is substantial. The creditors of the partnership are seeking to collect on their claims from Perone's estate. Which of the following statements is true insofar as their claims are concerned?
Partnership creditors and Perone's personal creditors are on an equal footing regarding the assets of Perone's estate.
Rely on information provided by a corporate officer
All limited partners' capital contributions must be paid in cash.
Answer:
i didn't even read it i just need some point's
The creditors of the partnership have priority over Perone's personal creditors in liquidating the assets of Perone's estate.
Explanation:In terms of claims against Joe Perone's estate, the creditors of the partnership and Perone's personal creditors are not on an equal footing. Partnership creditors have priority over Perone's personal creditors when it comes to collecting on their claims from Perone's estate. This is because in a general trading partnership, the partners are personally liable for the debts of the partnership, and the creditors of the partnership have a claim on the partnership's assets first.
Historically, money has not always been of uniform quality. for example, diamonds were often used as a form of money, but every diamond is different. what problem occurs when money is not of a uniform quality? people will hoard high-quality money and spend low-quality money. as a result, the money used in transactions will be of inferior quality. people will turn to commodity money if they don't trust paper money. people will rely on barter rather than accept money as payment. unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are: a good store of value examples of token money useful as a medium of exchange cattle can be used as money but can also be slaughtered for food. cattle are an example of: commodity money fiat money ideal money
Answer:
what problem occurs when money is not of a uniform quality?
People will hoard high-quality money and spend low-quality money. As a result, the money used in transactions will be of inferior quality.One of Isaac Newton's most popular inventions are the coin edge grooves. Before people would file metal coins to gather gold or silver dust that they would later melt. By adding edge grooves to the coins, that was reduced. Before when people traded with non-uniform coins, good coins were actually more valuable because they were not filed yet. If you had to choose which coins to use, you would always prefer to use the filed coins of inferior quality.
unlike pennies and nickels, which cost more to produce than they are worth, paper money and quarters are:
examples of token moneyToken money is any note (bill) or coin whose value is not related to the material of which they are made of. E.g. a $100 dollar bill is worth much more than a small piece of paper.
Mr. Pierpont has wealth of $200,000. He wants to keep at least $80,000 in bonds at all times, and will shift $10,000 into bonds from his checking account for each percentage point that the interest rate on bonds exceeds the interest rate on his checking account. If the interest rate on checking accounts is 4% and the interest rate on bonds is 9%, how much does Mr. Pierpont keep in his checking account?
Answer:
Mr Pierpont should keep 70,000 in his checking account
Explanation:
Given that:
The total wealth is = $200,000
He wants to keep at least $80,000 in bonds, so he can keep a maximum of $120,000 in checking accounts.
The the interest rate on checking accounts is 4% and the interest rate on bonds is 9%. a difference of 5.1 is known between this two interest rate
The interest rate in checking accounts is lower than interest rate of bond
4% is lesser than 9% in vice versa it is higher by 5%
A 5% difference will shift the 50,000 into bonds, because the need to shift 10,000 for every 1% that is taking from the checking account and then put in the bond.
Therefore, 120,000-50,000 = 70,000
When the sequel to Star Wars: The Force Awakens eventually shows up on their regular television networks, this group might watch it. Group of answer choices
Answer:
Laggards
Explanation:
Base on the scenario been described in the question, the group might watching it are the laggards.
Laggards in marketing term, is made of a group of consumers who avoid change and may not want to take a new product until all other traditional alternatives are no longer present. The group is mostly deals with reliability and cost that is low and are 16% of the population of the consumer.
Answer:
The answer is Laggards.
Explanation:
Laggards is a term which is used to describe a group of individuals that try to avoid change. They will not be willing to adopt new technology and processes.
The Laggards are the last on the list of adopter categories, which are:
- innovators,
- early adopters,
- early majority,
- late majority, and
- laggards.
In the scenario presented above, we can see that the Laggards waited until the movie was shown on regular television networks, instead of going to watch it at the cinema, or buying a DVD to watch it at home. They are usually the last group of people to adopt a new change.
How does Siroya use mobile data to create a financial identity?
What were Jenipher’s options for getting a loan?
What is one data point that shows a good propensity to pay a loan back?
How has Jenipher’s life improved as a result of the loan using Siroya’s technology?
Answer:
The benefit of using mobile financial investment
see below
Explanation:
How does Siroya use mobile data to create a financial identity?
Siroya explains that a they have created a mobile application that can establish credit card scores utilizing mobile data after making an in route in establishing trust and open up financial access for those without credit card scores. Thru data captures of financial transactions on mobile devices, they were able to create financial identities for two billion five hundred million people .
What were Jenipher’s options for getting a loan
Jenipher will explore the option of micro loans Jenipher will have to form a group or an association to access the micro loans to stand as a guarantor for her Loan proportion will be too small to impact positively on her businessLoan sharks is another option but the risks are too weightyWhat is one data point that shows a good propensity to pay a loan back?
In Jenipher situation the mobile app was able to pinpoint a good potential of credit historyHow has Jenipher’s life improved as a result of the loan using Siroya’s technology?
Jenipher recorded savings of 6% after using the mobile app and her business improved tremendouslyShe added food stall and restaurant1. What is the traditional method of assessing trust to pay a loan? What is the problem with this method?
A traditional method of assessing a trust to pay a loan is assessing your current assets. The problem with this method is someone might declare their assets not just to assess their trust to pay a loan.2. How does Siroya use mobile data to create a financial identity?
Siroya uses mobile data to create a financial identity by explaining that mobile data has created a mobile application that can establish credit card scores being utilized.3. What were Jenipher’s options for getting a loan?
Jenipher's option for getting a loan is exploring the option of microloans, having to form a group or an association to access the micro loans to stand as a guarantor for her, and the loan proportion will be too small to impact positively on her business.4. What is one data point that shows a good propensity to pay a loan back?
One data point that shows a good propensity to pay a loan back is that the mobile app was able to pinpoint a good potential of credit history.5. How has Jenipher’s life improved as a result of the loan using Siroya’s technology?
Jenipher's life was improved as a result of the loan using Siroya's technology by her savings being recorded up to 6% after using the mobile app and her business improving tremendously.Which of the following statements are True?
1. The Wilshire 5000 is more broad based than the S&P 500.
2. The S&P 500 stock index is value-weighted.
3. The Russell 3000 is a broad-based measure of bond prices.
4. The Dow Jones industrial and utility averages include a relatively small number of stocks.
Answer:2. The S&P 500 stock index is value-weighted. True
4. The Dow Jones industrial and utility averages include a relatively small number of stocks.
True
Explanation: One of the most significant differences between these two indexes is the number and type of companies included in each. As its name suggests, the S&P 500 is made up of 500 of the largest publicly traded companies, while the Dow is a collection of 30 companies that are selected to represent their respective industries.
Answer:
1, 2 and 4.
Explanation:
The true and correct statements are;
1. The Wilshire 5000 is more broad based than the S&P 500.
2. The S&P 500 stock index is value-weighted.
4. The Dow Jones industrial and utility averages include a relatively small number of stocks.
Chau is going to rent a truck for one day. There are two companies he can choose from, and they have the following prices. Company A charges $135 and allows unlimited mileage. Company B has an initial fee of $75 and charges an additional $0.80 for every mile driven. For what mileages will Company A charge less than Company B?
Answer:
company A charge less than company B if y > 75 miles
Explanation:
given data
Company A charges = $135
Company B initial fee = $75
additional charge = $0.80
solution
we consider here driving = x mile
and mileages for company A charge less than company B = y
so
when Charges of company A = charges of company B than equation will be
$135 = $75 + $0.80 x ....................1
solve it we get x
x = 75
so here mileages for which company A charge less than company B is
y > 75
company B is better if the distance is < 75 miles
company A is better if the distance is > 75 miles
Final answer:
Company A is cheaper than Company B for any mileage over 75 miles. The decision is based on company rates, with Company A offering a flat rate and Company B charging per mile plus an initial fee.
Explanation:
Chau is deciding between two companies for truck rental services based on the mileage he plans to drive. To determine for what mileages Company A will charge less than Company B, we can set up an inequality where Company A's flat rate is less than Company B's mileage-based rate. We know Company A charges a flat rate of $135 for unlimited mileage, and Company B charges an initial fee of $75 plus $0.80 for every mile driven.
Let m represent the number of miles driven. Then we have the following inequality to find when Company A is cheaper:
135 < 75 + 0.80m
To solve for m, we subtract 75 from both sides and then divide by 0.80:
135 - 75 < 0.80m
60 < 0.80m
m > 60 / 0.80
m > 75 miles
Therefore, Company A will charge less than Company B for any mileage greater than 75 miles.
Taxon Corp. granted restricted stock units (RSUs) representing 50 million of its $1 par common shares to executives, subject to forfeiture if employment is terminated within five years. After the recipients of the RSUs satisfy the vesting requirement, the company will distribute the shares. The common shares had a market price of $10 per share on the grant date. Ignoring taxes, what is the effect on earnings in the year after the shares are granted to executives?
Answer:
$100
Explanation:
Market price of common shares = $10 per share
Number of common shares granted by RSUs = 50 million
Total market value of common stock issued = Number of Common shares granted by RSUs × Market price of common shares
Total Market value of common stock issued = 50 million × $10 = $500
Vesting Period = 5 years
The effect on earnings in the year after the shares are granted to executives = Total market value of common stock issued / Vesting Period
The effect on earnings in the year after the shares are granted to executives = $500 / 5 years
The effect on earnings in the year after the shares are granted to executives = $100
Answer:
$ 100,000,000
Explanation:
The firm grant potential for 50 million shares with a market price of $10
The par value is disregard from calculation as the firm will issue at market value to avoid dilution.
This represent 500 millions. As the firm has a vesting period of 5 years it will accue over time this amount instead of directly reduced when the stock are excerise:
500 million / 5 years = 100 million per year
Which of the following is NOT an elected official position in the county government?
a. attorney
b. treasurer
c. mayor
d. constable
Answer:
mayor
Explanation:
I did the test ;) plz brainlist me thxxx :) :) :) :)
The mayor is not an elected position in the county system of government.
What is a county government?This is a term that refers to the administrative governments in a state that take care of the issues that concerns the local residents.
It can also be called the local government in some cases. In this type of goivernment, the mayor position is uncontested in the state.
Read more on county here: https://brainly.com/question/1124853
For many years, General Motors manufactured two versions of the same basic vehicle: the Humvee, used by the U.S. military, and the Hummer, available to the public. Because of this product, GM was part of both the ___ and ___ B2B markets.
Answer:
Government; Commercial
For many years, General Motors manufactured two versions of the same basic vehicle: the Humvee, used by the U.S. military, and the Hummer, available to the public. Because of this product, GM was part of both the government and commercial B2B markets.
Explanation:
Government and commercial Business to Business (B2B) markets both are categorized under B2B's larger umbrella. In B2B, organization sell their products and services only to the businesses (either large or small) who used their products as the raw materials for their finished products or either they use them for their own benefits. As it can be clearly seen in this case, where General Motors are selling their products to two categories, they are selling to the government which is termed as government B2B buyer and to other business as well which are categorized as commercial B2B buyers.
General Motors was part of both the commercial and government B2B markets through the manufacturing of the Hummer for public sale and the Humvee for the U.S. military respectively.
For many years, General Motors (GM) produced two versions of a vehicle: the Humvee, which was used by the U.S. military, and the Hummer, which was available to the public. As a result of producing the Humvee, GM was part of the government B2B market, as it involved business transactions with the government sector. Meanwhile, by producing the Hummer for public sale, GM operated in the commercial B2B market, selling to other businesses that would resell or utilize the vehicle.
Which of the following terms represents how quickly a third-party or vendor can change a system to ensure it meets user needs and the terms of any contracts including agreed levels of reliability, maintainability, or availability?serviceability business Impact analysis dynamic information
Answer:
serviceability
Explanation:
Im not 100% sure, but i hope this helps
Firms using the differentiation strategy need to respond quickly to environmental opportunities and threats. The structural features that are best for these requirements are centralization, specialization, and many rules and procedures. True or false?
Answer:
False
Explanation:
Differentiation strategy as the name implies can be defined as a business strategy in which a firm develops a new product or service with the aim of standing out from products and services of other competitors.
Differentiation strategy is good because it gives room for non-price competition. That means that competition between between firms are not based on prices at all.
Also, the differentiation strategy allows for brand loyalty. That is, brands of competitors have their customers without stress.
Cheers.
assume a speculator purchased a call option on swiss francs for .02 per unit. the strike price was 0.45 and the spot rate at expiration was 0.48. assume there are 62,500 units in a swiss franc optiona. what was the net profit on this option to the speculator
Answer:
Net profit per unit = -0.1
Explanation:
given data
purchased a call option = .02 per unit
strike price = 0.45
spot rate = 0.48
swiss franc option = 62,500 units
solution
we get here Premium that is .02 of 62,500 is = 1250
so here Net profit per unit will be
Net profit per unit = strike price + Premium - Spot rate ......................1
put here value
Net profit per unit = 0.2 + 0.45 - 0.48
Net profit per unit = -0.1
The reasons behind the accelerating pace of globalization include:______________a. Lower barriers to international trade b. Countries with previously planned economies are embracing market or mixed economies c. Transportation and information technology shrinks the importance of geographic distances d. All of these
Answer: (D) All of these
Explanation:
Acceleration pace of globalization is one of the concept in which the different people are interconnecting with each other beyond all the boundaries and the physical barriers.
There are various types of reasons behind the rapidly growing of the accelerating pace of globalization across the world is due to the growth of the information technology and the development of the transportation links.
According to the given question, the all of the above answer are correct as all the main reasons of the growing accelerating pace of globalization. Therefore, Option (D) is correct answer.
Potential real GDP is A. the level of GDP attained when only some firms have excess capacity. B. the level of GDP attained when all firms are producing at capacity. C. the level of GDP attained when all firms have excess capacity. D. the level of GDP attained when most firms are producing at capacity and unemployment is low.
Answer: Option B
Explanation:
Potential real GDP is the level of output that comes due to the rising inflation. Potential GDP is significant as the people who frame the policies of the country utilize the differences that arrive between the potential GDP and the gaps to find what the economy requires whether reduced or increased money flow.
It is assumed that the potential real GDP can be attained when the level of GDP is attained it means that all the firms are producing at the same capacity.
The correct answer is B. Potential GDP is the level of GDP attained when all firms are producing at capacity, representing an economy's most efficient output level. This implies full utilization of resources and zero cyclical unemployment.
Potential GDP is the level of GDP achieved when all firms produce up to their potential, and this indicates the level of economic efficiency. This means efficient use of resources and zero unemployment. The correct answer is B. Potential GDP is a construct that represents the level of GDP that an economy could achieve if all resources (land, labour, capital and entrepreneurship) were used to their best advantage. This means that the economy is producing at a satisfactory level of output without overcapacity or underutilization of resources. In the long run, the potential GDP level determines the real GDP level. When economists talk about 'potential GDP', they mean the output that the economy could achieve in the event of zero unemployment, although there is both unemployment and structural unemployment. Gross domestic product can ensure that the economy maintains its normal level of unemployment..Deli-Lite has a contract with a foreign client to provide low-fat deli trays. Deli-Lite does not have one of the items the foreign client wants on the trays, so it decides to contract with Green Source to fulfill this contract. What is this an example of?
Answer:
Outsourcing
Explanation:
Remember, Deli-Lite contracts with another company to fulfil it's obligation.
Usually outsourcing involves a contract between a company requesting services or as in Deli-Lite case product supply request to another company.
Therefore, because of the outsourcing contract Green would provide low-fat deli trays for the foreign clients.
Selection of an inventory costing method by management does not usually depend on
Answer:
THE FISCAL YEAR END.
Explanation:
Selection of an inventory costing method by management does not usually depend on THE FISCAL YEAR END
Answer:
The fiscal year end
Explanation:
Cost accounting information is designed for managers. Since managers are making decisions only for their own organization, there is no need for the information to be comparable to similar information from other organizations. Instead, the important criterion is that the information must be relevant for decisions that managers, operating in a particular environment of business including strategy, make. Cost accounting information is commonly used in financial accounting information, but first we are concentrating on its use by managers to take decisions. The accountants who handle the cost accounting information add value by providing good information to managers who are making decisions. Among the better decisions, is the better performance of one’s organization, regardless if it is a manufacturing company, a bank, a non-profit organization, a government agency, a school club or even a business school. The cost-accounting system is the result of decisions made by managers of an organization and the environment in which they make them.
The specific identification method of inventory costing attaches the actual cost to an identifiable unit of product. Firms find this method easy to apply when purchasing and selling large inventory items such as cars.
The amount of revenue required to earn a targeted profit is equal to a.total fixed cost divided by contribution margin. b.total fixed cost divided by the contribution margin ratio. c.targeted profit divided by the contribution margin ratio. d.total fixed cost plus targeted profit divided by contribution margin ratio. e.targeted profit divided by the variable cost ratio.
Answer:
d.total fixed cost plus targeted profit divided by contribution margin ratio.
Explanation:
At the break-even point, a business does not make any profits or incur losses. Using the cost-volume-profit analysis concept CVP, break-even is calculated by dividing fixed cost by the contribution margin per unit. The contribution margin per unit is the price minus variable costs.
Sales made after the break-even point will add to the operating income of the business. At the break-even, both fixed and variable costs have been met. Operating income is calculated by subtracting the break-even level in dollars from the sales revenue. Therefore, operating income can be computed by adding the target sales to the break-even, then dividing by contribution margin per unit.
It should be noted that amount of revenue required to earn a targeted profit is equal to d.total fixed cost plus targeted profit divided by contribution margin ratio.
What is revenue?Revenue serves as the money generated by government from the public such as tax.
Therefore, amount of revenue required to earn a targeted profit is equal to d.total fixed cost.
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Single Corp. is a company with three divisions that produce completely different products. These three divisions must seek funding from the head office for a capital expansion project. The relationship between these three divisions would be best described as ________ interdependence
Answer:
pooled interdependence.
Explanation:
The single crop is a company with three different division. Three division who work independently and do not interact with each other but work towards the betterment of the whole company can be described as pooled interdependence. Pooled interdependence is a way in which companies operated by designing different department that works independently towards a common goal.
Many of the responsibilities associated with working in a professional sport organization, such as the National Football League (NFL) or the Big Ten, entail responsibilities similar to those found in collegiate athletic administration.
True / False.
Answer:
False
Explanation:
Many of the responsibilities associated with working in a professional sport organization is similar to the responsibilities found in collegiate athletic administrations
Collegiate athletic administration is a body that regulates student athletes from North American it generally covers unprofessional and university level competitive games and it is non-profit . while professional sport organizations have vast responsibilities that are applicable to collegiate athletic administration