Answer:
Group A is correct option which best describes the free trade implications.
Explanation:
When the Free trade agreements are signed the consumers have variety of options available because now there are no tariffs or trade barrier imposed on the product coming from other countries. This means that the customer in US can consider products coming from Canada and Mexico as an alternative to native companies.
Now the revenue losses from the free trade agreements of the native companies will start increasing because now there are greater number of competitors in the US market. All they have to do is lower their cost to decrease their prices to compete foreign companies.
When the FTA is formed, the companies shift their manufacturing operations to a country where the infrastructure costs, labor costs lower and utility costs lower. Such circumstances creates favorable situations for the foreign investments.
To generate higher profit margins, producers must work to
increase their total supply.
increase their total expenses.
decrease their customer base.
decrease their production costs.
The option (d) is correct. In order to generate higher profit margins, producers must work to decrease their production cost.
Further Explanation:
Profit Margin is a measure of the profitability of the company. It is computed as the net profit as a percentage of the sales. The higher profit margin results from an increase in sales revenue or a decrease in production cost.
The increase in total supply does not result in the revenue of the company. It only means more products are available to the customers. So, it will not result in higher profit margins.
The increase in total expense and decrease in the customer base will reduce the net profit, thereby reducing the profit margin.
Therefore, Option (d) is correct because a decrease in production cost will increase the net profit, thereby generating a higher profit margin.
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2. Learn more about the variable cost
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3. Learn more about the production of the goods
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Answer details:
Grade: Middle School
Subject: Accounting
Chapter: Financial statement Analysis
Keywords: Profit Margin, total supply, production cost, total expense, customer base, producer, net profit, sales, to generate higher profit margins, decrease in production cost, increase in in total expense, decrease in customer base, increase in total supply.
The thing which a producer must do to generate higher profit margins is to:
D. Decrease their production costs.
According to the given question, we are asked to state the thing which a producer must do to generate higher profit margins
As a result of this, we can see that for a producer to generate higher profit margins, then he would have to decrease the production costs so that he would be able to use the opportunity cost gotten from the production costs to increase his profit margins.
Therefore, the correct answer is option D
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Mopsun, a garment store, sells customized hoodies at $7 per unit. the total fixed costs add up to $8000 per year, and the variable costs add up to $3 per unit. how many hoodies should mopsun sell every year in order to cover all costs?
In the situation given above, it becomes mandatory for Mopsun to sell at least 2000 hoodies each year in order to cover all the costs associated in selling the hoodies at his garment store.
What is the significance of costs?Costs can be referred to or considered as the total amount incurred in doing a business activity related to the organizational functions, either directly or indirectly. Some costs are fixed, while some costs associated with these activities are variable.
The point of equilibrium, i.e., the amount of production costs is nullified, can be calculated as,
Equilibrium Point = Total Fixed Costs / Total Variable Cost
Equilibrium Point = 8000 / (7-3)
Equilibrium Point = 2000 units of hoodies.
Therefore, the significance regarding costs has been aforementioned.
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This is an exit strategy when an entrepreneur sells his or her company to its managers
Answer:
The statement is True.
Explanation:
Entrepreneurs are the highly motivated, innovative, great minds with new and fresh ideas, who set up their own business. They usually start their business at a small level and gradually increase it with the passage of time. They are responsible for the profits and losses of the business that they have established. If their business is not doing according to their expectations, then they sell their running business to the managers or other members of their company. This is considered to be the exit strategy for them to minimize the possible losses. This is again a wise decision indeed.
When will diversity affect the workplace?
a.
In ten years
b.
In five years
c.
In one year
d.
It already does.
CAREER PLANNING AND DEVELOPMENT S1
Answer:
d. It already does.
Explanation:
Labor discrimination is present in many companies, but that does not mean that you cannot put a stop to these attitudes that affect people so much emotionally.
The work environment is a factor that we should take into account when forming a team or entering a company. Labor discrimination can significantly affect this, and influence the efficiency and productivity of employees.
There are different types of discrimination: by religion, gender, physical appearance, disabilities, among others. They can appear both in interviews and in your current job.
Labor discrimination can affect the person in your life, both personal and professional.
Most frequent types of job discrimination
- Female gender: they treat women as if they were not able to hold an important position in a company. They also often fire or not hire women for pregnancy.
- People with low resources: when people do not have a high socio-economic level, they do not even interview them.
- Elderly people: it is a problem for the elderly to find work, since employers prefer young people.
- Sexual diversity: sexual orientation is sometimes a reason why people at work exclude people.
- Disabled: people with disabilities find it difficult to get a job, since there are not many companies that accept people with disabilities.
These discriminated aspects do not occur in all companies. In the works that if these problems happen, they can be avoided by seeking help from a professional in the matter. Never let them mistreat you, there is always someone who can help you overcome such situations.
You've bought lottery tickets every week for the past four years.
That's an average spending of $10 per week.
After four years, you finally win $1,000.
i won $_____
i lost $______
After four years of weekly lottery ticket purchases, the student has a net loss of $1080, despite winning $1000.
The student has been buying lottery tickets for four years with an average spending of $10 per week. Over these four years, this amounts to 4 years imes 52 weeks/year imes $10/week = $2080 total spent. The student has won $1,000, which means we need to calculate net loss.
To determine the net gain or loss, we subtract the total expenditure from the winning amount. First, let's calculate your total expense:
Total weeks = 4 years imes 52 weeks/year = 208 weeksTotal spent = 208 weeks imes $10/week = $2080Since the student won $1,000, we subtract this from the total spent:
Net loss = Total spent - Winning amountNet loss = $2080 - $1000Net loss = $1080Therefore, the student won $1,000 but lost $1080 overall.
Herbie and irene have been married for almost 55 years. through it all they have remained committed to each other and have been as close as two people can be. over the years, the passion has waned and is pretty much non-existent, but they still stayed together. sternberg would call this type of love ________________.
The correct answer is Compassionate love.
Explanation
The triangular theory of love is a theory developed by the American psychologist Robert Sternberg, who classified love-mediated relationships based on three factors that are intimacy, passion, and commitment. It defines each of the three factors: commitment, passion, and intimacy. The commitment is what gives fidelity to a relationship, the passion the desire to be with the other person including sexual desire, and the intimacy that is the feeling of confidence or friendship and affection between two people. From this, it also relates these factors to define some types of love.
In the case of Compassionate love, this is characterized by the absence of passion; however, there is a great feeling of intimacy and commitment. This type of love can be seen in the relationship between Herbie and Irene because there are love and commitment between them having spent 55 years of marriage together; however, their passion and desire have been extinguished. So, the correct answer is Compassionate love.
Suppose roses are currently selling for $40 per dozen, but the equilibrium price of roses is $30 per dozen. we would expect a
The situation described represents a surplus in economics. We'd expect the price of roses to decrease over time to reach the equilibrium price as sellers lower their prices to sell their surplus roses.
Explanation:In economics, the situation you're describing, where roses are selling for more than the equilibrium price, is called a surplus. When the price of an item is higher than the equilibrium price ($40 > $30 in this case), it creates a situation where the quantity supplied exceeds the quantity demanded. Consequently, we'd expect the price to decrease over time to reach the equilibrium price, which is the price where the quantity supplied equals the quantity demanded. As this happens, sellers will begin to lower their prices in order to sell their surplus roses, leading to a market price that eventually stabilises at $30 per dozen.
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A benefit that is sought by an interest group and that once achieved cannot be denied to nonmembers is called a:
In the macroeconomic long run 2) _______
a.output always is above potential output.
b.real output is always below potential output.
c.there is full employment with no unemployment.
d.there is full employment, and real output is equal to potential output.
Imagine that you work at a store which sells components and you have been made the facilitator of a group whose long term goal is to increase overall sales of the store. What would you do?
To increase overall sales of the store, implement effective marketing strategies, provide exceptional customer service, diversify product offerings, offer sales promotions, and manage inventory effectively.
Explanation:To increase overall sales of the store, there are several strategies you could implement:
Marketing and advertising: Develop effective marketing campaigns, utilize social media platforms, and promote special offers to attract more customers.Customer service: Provide outstanding customer service to enhance the shopping experience and build customer loyalty.Product variety and quality: Stock a wide range of components and ensure their quality to meet the diverse needs of customers.Sales promotions: Offer discounts, bundle deals, or loyalty programs to incentivize more purchases.Inventory management: Optimize inventory levels to avoid stock-outs and ensure availability of popular components.Learn more about Increasing overall sales of a store here:https://brainly.com/question/10131715
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Sophie asked to be the leader of a task group. the task she was asked to complete was a clear and urgent one. which leadership behavior would be best to use?
Which of the following is not a quality of a good employee? a. hardworking b. dishonest c. polite d. punctual
after compiling a list of potential customers, a salesperson must
After a salesperson compiles a list of potential customers, they need to qualify these leads. Qualifying leads involves analyzing if potential customers are a good fit for the product or service based on factors such as their need for the product, financial capability, decision-making power, and the likelihood to make a purchase.
Explanation:After compiling a list of potential customers, a salesperson must next qualify the leads. This involves analyzing the potentials to decide if they are a good fit for the product or service they are selling. Qualification can be based on various factors like the customer's need for the product, their financial capability, decision-making power, and their likelihood to make a purchase.
For instance, if a salesperson was selling high-end office furniture, they might qualify leads based on company size, budget, and current office set-up to assess if there is a genuine need and financial capability for their product.
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The global positioning system is a network of 21 ________ plus 3 working spares.
"The correct answer is 24 satellites.
The global positioning system (GPS) consists of a constellation of satellites that orbit the Earth. Initially, the question states that there are 21 satellites plus 3 working spares, which sums up to 24 satellites. These satellites are crucial for providing the signals required for GPS devices to determine their location on Earth with high precision. The 24 satellites are distributed among six orbital planes, with typically four satellites in each plane, ensuring that at least four satellites are visible from any point on Earth at any given time, which is the minimum number needed for accurate trilateration of a user's position."
Marianne is the payroll manager at johnson manufacturing. she wants to upgrade the department's accounting systems. to whom would it make most sense for her to send her request for an upgrade?
Answer: to a Director of Management Information Systems.
If Marianne, the payroll manager at Johnson manufacturing wants to upgrade the department's accounting systems, the person whom she would make the most sense to send her request for an upgrade is to a Director of Management Information Systems.
A Management information systems (MIS) director contributes to growth in companies by improving information technology activities and computer resources. They also manage technical departments within an organization and ensure data is available, accurate and secure.
Answer:
Director of Management Information Systems
Explanation:
Management of Information Systems is a storage or database in which data, files or information containing the finances of an organisation or business is kept and stored properly. The Management of Information Systems give reports concerning every department on a regulate basis.
The Management of Information system is also upgraded as much as possible in order to obtain the adequate amounts of response.
Functions of a Management of Information system includes:
a. Storage of employee data
b. Adequate payroll of the staff of a business.
c. Storage of essential company files.
d. Upgrade of the systems of a particular department in an organisation.
In order to carry out an upgrade of the accounting systems of an organisation, an upgrade request should be sent to the Director of Management Information Systems.
What is a reason many advertisers end up undervaluing mobile's contribution to conversions?
A reason many advertisers end up undervaluing mobile's contribution to conversions is that the advertisers are using a last-click attribution model that purposely measures the performance. By that reason, it takes aside and ignores the earlier clicks found in the conversion line that is brought by another device.
What is the subject of federal open market committee decisions?
The subject of Federal Open Market Committee (FOMC) decisions is monetary policy and open market operations.
Explanation:The subject of Federal Open Market Committee (FOMC) decisions is monetary policy and open market operations. The FOMC, which is a part of the Federal Reserve System, is responsible for making decisions about buying and selling U.S. Treasury bonds in order to influence the quantity of bank reserves and the level of interest rates. The FOMC meets regularly to discuss and set policies related to monetary policy and its impact on the economy.
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Which of the following statements reflects behavior that is most likely to derail efforts in making progress towards the goal as a team? a. “Sorry, I was late. I hope I didn’t miss too much.”, b.“I figured out how to solve the problem so I’ll speak first.”, c.“I came up with some ideas, but I’m not sure they will work.”, D. “I looked at the data, but haven’t had time to really analyze it yet.”
Final answer:
The most disruptive behavior statement is the one that implies a single-handed approach to problem-solving, "I figured out how to solve the problem so I’ll speak first," as it negates the collaborative process and may create conflict within the team.
Explanation:
The statement most likely to derail efforts in making progress towards the goal as a team is "I figured out how to solve the problem so I’ll speak first." This attitude can be disruptive because it disregards the collaborative effort and insights of other team members. It prioritizes one individual’s solution over a group discussion, potentially stifling the contribution of other ideas and undermining the collective decision-making process. Alternatively, statements such as being sorry for being late or being unsure about one's ideas invite further discussion without imposing authority. Recognizing the lack of time for proper analysis also does not shut down the potential for team progress, as it can lead to scheduling another meeting where everyone is better prepared. In contrast, unilateral decisions without regard for group consensus can lead to conflict and hinder progress.
It is crucial for a team to navigate through diverse opinions and find a way to negotiate a compromise that respects the contributions of all members. It is equally important to avoid polarizing the conversation or creating an environment where some members might feel their input is unwelcome or ignored. Being conscious of group dynamics and effective communication strategies can play a significant role in reaching a successful outcome for team goals.
What is the best option for your retirement plan when you leave a company?
Answer: It depends on several factors
Explanation: There is no one best answer for this question. There are several factors that influence the correct answer. For example, a person's age, knowledge, education, and investment experience all contribute to the correct answer.
In the vast majority of situations, it is best to rollover a retirement plan into an IRA plan.
In a company's SWOT analysis, which of the following is an example of a threat?
A.
The company makes a low quality product.
B.
The company's employees have bad morale.
C.
There are many competitors in the market.
D.
The market is not very saturated.
Please select the best answer from the choices provided
A
B
C
D
In a company's SWOT analysis, There are many competitors in the market an example of a threat. Thus, option C is correct.
What is a SWOT analysis?Using SWOT analysis, a person or entity can determine their strengths, flaws, openings, and threats in relation to project planning or competitive business environments. Evaluation or situational evaluation are other names for it.
Opponents can have a big impact on a company's pricing strategy, product design, and operating model. Analyse your top rivals as part of the Situation analysis and note any characteristics that distinguish your business from others in the industry.
SWOT analyses provide a tonne of advantages and can highlight problem areas and window of opportunity. However, using this examination to take a closer look at what's happening within your business isn't the sole practical application. SWOT analysis of competitors takes the process outside, focusing on what your rivals are doing. Therefore, option C is the correct option.
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Name and describe the type of economy a country will have when the central government makes all the economic decisions
Which of the follow will happen if you miss a monthly credit card payment? everfy?
Suppose the fed sells $100 of government securities. if the desired reserve ratio is 20 percent and there is no currency drain, then the quantity of money
The reserve ratio is the part of a depositor ’s balances that banks must have on hand as cash.
This is a requirement determined by Federal Reserve and this affects the money supply in a country at any given time.
If the desired reserve ratio is 20%, and the FED sold $100 of government and there is no currency drain, then the quantity or supply of money will decrease.
Cancelling a dance class after several students hurt themselves is an example of which risk management strategy?
Avoid strategy as the threat risk is directly related to identified threats or these sources of threats are cancelled
which risk management strategy?Develop the contingency plan ("fall back, plan B") for the high risk . Are cues or triggers identified to activate contingency plans and risk reviewsEvaluate the status of the each action.Integrate plans into IMS or program management baselinesRisk managements are defined as:The identification , analysis, or control or possibly elimination of any undesired hazards and risks arising from the certain situation and activity
There are four risk management strategies which are:
Avoid: To eliminate a risk by totally avoiding the situation or the activityMitigate: try to reduce the expected hazards of any situation or activityAccept: To accept the hazards or take your chancesTransfer: To outsource the risk (as case of insurance)In case of cancelling the dance class, we could note that the risks is directly related to the identified threats or the threats is totally cancelled in the order to avoid those risks. Therefore, the best strategy describing it situation is "avoid strategy"
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In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum age for the contract Please select the best answer from the choices provided A B C D
An important factor in a contract exchanging valuable items Thus option (A) is correct.
What is the contract?A contract is an enforceable legal arrangement that establishes, details, and regulates the rights and duties of the parties. The transfer of commodities, services, money, or a promise to transfer any of those at a later time is a common component of contracts.
The simplest definition of a contract is a commitment that is legally binding. The commitment could be to carry out or abstain from a certain action. A contract must be made by two or more parties who must agree to it, with one of them typically making an offer and the other accepting it.
Therefore, Thus option (A) is correct.
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" stan loves collecting stamps. he receives an email that appears to come from a well-known stamp auction site asking him to reset his username and password. he clicks on the link and it takes him to a site that looks similar to the auction site, but the web address is "scrambled" and unreadable. he emailed the customer service desk at the auction site and discovers they never sent the email. this scenario is an example of attempted"
A lender estimates that the closing costs on a $312,500 home loan will be $12,500. the actual closing costs were 4.25% of the loan amount. determine if the closing costs were higher or lower than the estimate and by what percent.
a. higher by 0.125%
b. higher by 0.25%
c. lower by 0.125%
d. lower by 0.25%
Answer:
b. higher by 0.25%
Explanation:
The closing costs were higher because:
$312,500*4,25%= $13,281
The estimated closing costs were $12,500 and the actual value was $13,281.
Also, to determine the percent by which the costs were higher, we have to calculate what percentage of the home loan were the estimated closing costs of $12,500. So,
$12,500/$312,500= 0,04*100= 4%
The estimated costs were 4% of the loan amount and the actual closing costs represent 4,25%. According to this, the actual closing costs are higher by 0,25%.
The embargo created an artificial drop in the supply of oil. how would a natural shortage differ from an embargo situation
Final answer:
An embargo is a politically induced reduction in supply, such as the 1970s Arab Oil Embargo, leading to higher prices, while a natural shortage is due to uncontrollable events affecting supply. Embargos may be lifted and prices stabilize, but natural shortages require more long-term changes or innovation in energy sourcing.
Explanation:
An embargo like the one during the Arab Oil Embargo of the 1970s creates an artificial drop in the supply of oil as a strategic, political maneuver, drastically increasing prices due to reduced availability. Contrastingly, a natural shortage of oil would occur due to unexpected events such as natural disasters or depletion of oil reserves, not because of a political decision. While the embargo leverages control over supply to influence political outcomes and can be resolved through diplomatic means, a natural shortage is usually beyond immediate human control and requires adjustments in industry practices or shifts in energy sources.
Different from an embargo that can be lifted, resulting in supply and prices eventually stabilizing, natural shortages might lead to longer-term challenges in supply and could spur innovation and exploration for alternative energy sources. The embargo during the 1970s also showcased how domestic oil production increased and other countries reconsidered their foreign policies due to the oil supply crisis. Both scenarios demonstrate the law of supply: higher prices incentivize suppliers to increase production or seek alternative solutions.
Which type of decision by U.S. companies often involves setting up operations in another, lower-wage country and hiring employees there?
Lou and john work in the same department. they have different opinions about how to budget organization resources, so they often experience _____ conflict.