After Kelon was acquired by Hisense, its name was changed to Hisense Kelon Electrical Holdings Co., Ltd in 2007, hereinafter referred to as ‘Hisense Kelon’. With the development of the company, in order to better reflect its actual main business and strategic positioning, meet the needs of brand management and brand development, the abbreviation of corporate A-share securities was changed to ‘Hisense home appliance’ in 2018. Thereupon, the full Chinese name of the company was changed from ‘Hisense Kelon Electrical Holdings Co., Ltd’ to ‘Hisense Home Appliance Group Co., Ltd’. After years of development, Hisense Home Appliance Group has become an enterprise focusing on home appliance manufacturing in super-large scale in the whole world, whose main business covers research and development, manufacturing, marketing and after-sales service of products in the fields of refrigerators, household air conditioners, central air conditioners, washing machines, kitchen appliances, environmental appliances, commercial cold chains, molds, etc., and whose products cover five brands of Hisense, Kelon, Ronshen, Japan ‘HITACHI’, USA ‘York’ (China). As of September 2021, Hisense Home Appliance Group has had a strong production capacity of an annual output of 13.5 million refrigerators, 18 million household air conditioners, 3.6 million central air conditioners, 3.4 million washing machines, 3.4 million freezers, over 1700 sets of molds (including over 900 sets of large plastic molds, over 200 sets of precision molds, over 600 sets of stamping molds), and over 200,000 tons of sheet-metal working, which are sold to more than 130 countries and regions. Therefore, viewed from the results of M&A, the M&A seen as a ‘snake swallowed elephant’ is very successful, but the M&A process is not smooth.

Answers

Answer 1

After Kelon was acquired by Hisense, its name was changed to Hisense Kelon Electrical Holdings Co., Ltd in 2007, hereinafter referred to as ‘Hisense Kelon’. The abbreviation of corporate A-share securities was changed to ‘Hisense home appliance’ in 2018 to better reflect its actual main business and strategic positioning, meet the needs of brand management and brand development.

As a result, the full Chinese name of the company was changed from ‘Hisense Kelon Electrical Holdings Co., Ltd’ to ‘Hisense Home Appliance Group Co., Ltd’.Over the years, Hisense Home Appliance Group has become a super-large scale enterprise focusing on home appliance manufacturing globally, with the main business areas covering research and development, manufacturing, marketing, and after-sales services of products in the fields of refrigerators, household air conditioners, central air conditioners, washing machines, kitchen appliances, environmental appliances, commercial cold chains, and molds, among others. The products of Hisense Home Appliance Group cover five brands, including Hisense, Kelon, Ronshen, Japan ‘HITACHI,’ and USA ‘York’ (China).As of September 2021, Hisense Home Appliance Group had a strong production capacity of an annual output of 13.5 million refrigerators, 18 million household air conditioners, 3.6 million central air conditioners, 3.4 million washing machines, 3.4 million freezers, over 1700 sets of molds (including over 900 sets of large plastic molds, over 200 sets of precision molds, over 600 sets of stamping molds), and over 200,000 tons of sheet-metal working, which are sold to more than 130 countries and regions. Therefore, viewed from the results of M&A, the M&A seen as a ‘snake swallowed elephant’ is very successful, but the M&A process was not smooth due to the significant cultural differences between the two companies, which led to a delay in the implementation of the merger plan.

To know more about Hisense Kelon visit:

https://brainly.com/question/20435224

#SPJ11

Related Questions

How is the impact of seasonality removed from a times
series? Why is this important?

Answers

Seasonality refers to the pattern of fluctuations that occur on a regular basis within a specific period of time, such as a year. The seasonality impact can be removed from a time series using seasonal decomposition methods that break down a time series into its seasonal, trend, and residual components.

Once the seasonality impact is removed, it becomes easier to identify the underlying trend, detect any changes in the trend, and forecast future values. The importance of removing seasonality from a time series is to make the data more interpretable and to improve the accuracy of any statistical analysis or forecasting models that are used. Without removing seasonality, the data may appear to be more volatile than it actually is, making it difficult to identify any underlying trends.

Additionally, failing to remove seasonality can lead to biased estimates of model parameters, which can impact the accuracy of any forecasts that are generated. Therefore, removing seasonality is an important step in analyzing and forecasting time series data.

To know more about time series click here:

https://brainly.com/question/29818565

#SPJ11

The fish generally live at sea, where they feed and grow before migrating to fresh water to spawn. The migrations, though, have faced numerous hurdles, from dams built across the rivers the fish swim up to destruction of their spawning grounds. But even as these issues have been addressed and fish habitats have been restored, the salmon continue to die in many places."
In your case study about water allocation in California, you learned that the three categories of water distribution in California are: agriculture, environment, and urban. In allocating water to salmon habitat: (1) who loses out and (2) this allocation exemplifies what economic principle? (1) agriculture; (2) diminishing returns (1) environmental; (2) spillover (1) urban; (2) opportunity cost (1) environmental; (2) opportunity cost

Answers

Answer:

In allocating water to salmon habitat, the answer would be:

(1) agriculture loses out.

(2) This allocation exemplifies the economic principle of opportunity cost.

Explanation:

Allocating water to salmon habitat means diverting water from agricultural use, which can have negative implications for agricultural activities. The water that is allocated to the environment for salmon habitat cannot be used for irrigation or other agricultural purposes, resulting in a loss for the agriculture sector.

This allocation decision showcases the principle of opportunity cost, which states that when resources are limited, choosing to allocate them to one purpose means forgoing alternative uses. In this case, the opportunity cost of allocating water to salmon habitat is the potential agricultural output or productivity that could have been achieved if the water was used for irrigation or other agricultural needs.

They are anadromous, which means they are born in freshwater streams, migrate to the ocean to feed and grow, and return to their natal streams to spawn.

The life cycle of Chinook salmon is complex, involving several distinct stages. After hatching from eggs in freshwater streams, the young fish, called fry, spend several months feeding and growing before migrating downstream to the ocean. They spend one to five years in the ocean, depending on their size and the availability of food, before returning to freshwater to spawn.

During spawning, the female Chinook salmon excavate a nest in the streambed, called a redd, where they deposit their eggs. The male then fertilizes the eggs, and both parents die soon after. The eggs hatch in the spring, and the cycle begins again.

Learn more about allocating water to salmon habitat,here:

brainly.com/question/32128158

#SPJ11

Burger Queen, Apple Republic (BQAR), is located in the country known as Apple Republic and is the local franchisee of an international fast-food chain. It is listed on the major exchange in Apple Republic. Due to the introduction of more healthy choices, it has recently enjoyed an annual growth rate of close to 7%, higher than its main competitors. The recent financial crisis however has taken its toll on its stock price. Since October 2008, the stock price has fallen by 20%. BQAR’s CEO, Sullivan, feels that the stock is undervalued. He asks Mr. Kim, a financial analyst, to estimate the company’s intrinsic value. Sullivan’s estimates for several line items are shown in the table below. In addition, the book value of equity for BQAR on 1 January 2009 is $60,000 and the expected dividend payment is $6,000 per year for all the future years. The risk free rate is 4% and the market risk premium is 8%. The company’s equity beta is 0.75. 2009 2010 2011 2012 2013 Sales $104,000 $107,000 $128,690 $144,290 $147,290 Cost of Goods Sold (98,500) (97,000) (102,500) (118,700) (119,140) Operating Expenses (10,000) (11,300) (12,770) (14,430) (14,428) Income (loss) before tax ($4,500) ($1,300) $13,420 $11,160 $13,722 Tax expense (benefit) $900 $260 ($2,684) ($2,232) ($2,744) Net income (loss) ($3,600) ($1,040) $10,736 $8,928 $10,978 For 2014 and beyond, the residual income is predicted to approximate 2013 levels forever. Required (a) Use the CAPM model to estimate BQAR’s cost of equity. (b) Calculate BQAR’s residual income for each of the years from Year 2009 to Year 2013. Use the residual income model to estimate the intrinsic value of the company. (c) The current stock price is $10.50 per share with 10,000 shares outstanding. Critically evaluate Sullivan’s claim that the stock is undervalued. Discuss three ways in which BQAR can effectively signal to investors that Sullivan’s claim is justified.

Answers

The estimated intrinsic value of BQAR using the residual income model is approximately -$6,957.42.

(a) To estimate BQAR's cost of equity using the CAPM model, we need the risk-free rate, the market risk premium, and the company's equity beta.

Risk-free rate = 4%

Market risk premium = 8%

Equity beta (β) = 0.75

Using the CAPM formula:

Cost of Equity = Risk-Free Rate + (Equity Beta * Market Risk Premium)

Cost of Equity = 4% + (0.75 * 8%)

Cost of Equity = 4% + 6%

Cost of Equity = 10%

Therefore, BQAR's cost of equity is estimated to be 10%.

(b) To calculate BQAR's residual income for each year from 2009 to 2013, we need to subtract the equity charge from the net income. The equity charge is calculated by multiplying the book value of equity at the beginning of the year by the cost of equity.

Book value of equity on January 1, 2009 = $60,000

Cost of equity = 10%

Residual Income = Net Income - Equity Charge

Residual Income 2009 = -$3,600 - ($60,000 * 10%) = -$3,600 - $6,000 = -$9,600

Residual Income 2010 = -$1,040 - ($60,000 * 10%) = -$1,040 - $6,000 = -$7,040

Residual Income 2011 = $10,736 - ($60,000 * 10%) = $10,736 - $6,000 = $4,736

Residual Income 2012 = $8,928 - ($60,000 * 10%) = $8,928 - $6,000 = $2,928

Residual Income 2013 = $10,978 - ($60,000 * 10%) = $10,978 - $6,000 = $4,978

To estimate the intrinsic value of the company using the residual income model, we can sum up the present value of the future residual incomes:

Intrinsic Value = Residual Income 2009 / (1 + Cost of Equity)^1

+ Residual Income 2010 / (1 + Cost of Equity)^2

+ Residual Income 2011 / (1 + Cost of Equity)^3

+ Residual Income 2012 / (1 + Cost of Equity)^4

+ Residual Income 2013 / (1 + Cost of Equity)^5

Discount rate = Cost of Equity = 10%

Intrinsic Value = -$9,600 / (1 + 10%)^1

+ (-$7,040) / (1 + 10%)^2

+ $4,736 / (1 + 10%)^3

+ $2,928 / (1 + 10%)^4

+ $4,978 / (1 + 10%)^5

Calculating the present value for each year and summing them:

Intrinsic Value ≈ -$8,727.27 + (-$5,038.84) + $3,342.15 + $1,879.28 + $2,587.26

Intrinsic Value ≈ $-6,957.42

Therefore, the estimated intrinsic value of BQAR using the residual income model is approximately -$6,957.42.

(c) The current stock price is $10.50 per share, and there are 10,000 shares outstanding. To evaluate Sullivan's claim that the stock is undervalued, we can compare the intrinsic value per share with the current stock price.

Learn more about cost from

https://brainly.com/question/29509552

#SPJ11

Question 3 The following is a summary from the cash book (bank column) Bridal Services for May 2020. May May RM RM 2020 2020 1 2,060 Payments 23,280 Balance b/d Receipts 22,660 31 Balance c/d 1,440 24

Answers

The above statement indicates that the cash book of Bridal Services was balanced on 31st May, and its closing balance was RM 1,440.

Payments made during the month of May totaled RM 23,280, and receipts for the same month were RM 22,660.

During the month of May 2020:

Payments totaled RM23,280.

Receipts totaled RM22,660.

The balance brought forward (b/d) from the previous period was RM2,060.

The closing balance (c/d) at the end of May 2020 was RM1,440.

So, the net cash balance for the month of May was negative RM 620 (i.e., payments less receipts).Therefore, this is the answer more than 100 characters.

To know more about closing balance visit:

brainly.com/question/32163507

#SPJ11

: QUESTION 10 The cost of education, professional athletes' pay, and medical services rise faster than the rate of goods and services because their average productivity has remained the same. True False

Answers

True . The statement is true that the cost of education, professional athletes' pay, and medical services rise faster than the rate of goods and services because their average productivity has remained the same.

The statement is true because the cost of education, professional athletes' pay, and medical services are based on specialized skills and knowledge which are not affected by the same factors that impact the productivity of other goods and services. Therefore, the prices for these services rise faster than the rate of inflation.

The cost of education, professional athletes' pay, and medical services are often cited as examples of goods and services whose prices rise faster than the rate of inflation. This is because these goods and services are based on specialized skills and knowledge that are not easily replicated or affected by the same factors that impact the productivity of other goods and services. For example, the cost of education continues to rise because the demand for skilled labor continues to increase, while the supply of highly skilled workers remains relatively constant. This results in higher prices for educational services. Similarly, the pay for professional athletes continues to rise because the demand for entertainment continues to increase, while the number of highly skilled athletes remains relatively constant. This results in higher prices for professional sports services.

To know more about rate of inflation visit :-

https://brainly.com/question/19263433

#SPJ11

As the price of a good 1 (on the horizontal axis) rises, the consumer will experience - a desire to consume a different bundle. - a decrease in utility. - a southwesterly movement on the indifference map. - All of the above

Answers

As the price of a good 1 rises, the consumer will experience a desire to consume a different bundle, a decrease in utility, and a southwesterly movement on indifference map. Therefore, the correct answer is "All of the above."

A consumer is an individual or entity that purchases and consumes goods or services to satisfy their needs and wants. In the context of economics, consumers play a central role in driving demand and influencing the market. They make choices and decisions based on factors such as price, quality, preferences, and budget constraints. Consumers are an integral part of the economic system as their spending patterns and behavior impact the overall production, distribution, and allocation of resources in the market.

Learn more about consumer here;
https://brainly.com/question/29649674

#SPJ11

As a potential economist, you are given the following scenario for a fictional economy: Suppose the working-age population of a fictional economy falls into the following categories: 50 people have full-time employment; 25 have part-time employment; 15 people have part time jobs but are also actively looking for full time jobs, 20 do not have employment, but are actively looking for employment; and 10 people are stay at home parents. {Show all the steps including the relevant formulae & proper units} ALL CALCULATIONS ARE FOR THE OFFICIAL SIZE OF THE LABOR FORCE AND OFFICIAL UNEMPLOYMENT RATE. • (1) What is the size of Labor force • (2) What is the Unemployment rate

Answers

The size of the labor force in this fictional economy is 110, the unemployment rate in this fictional economy is approximately 18.18%.

(1) To determine the size of the labor force, we need to sum up all the individuals who are either employed or actively seeking employment.

Labor Force = Full-time Employment + Part-time Employment + Part-time Job Seekers + Unemployed

Labor Force = 50 + 25 + 15 + 20

Labor Force = 110

(2) The unemployment rate is calculated by dividing the number of unemployed individuals by the labor force and multiplying the result by 100 to express it as a percentage.

Unemployment Rate = (Unemployed / Labor Force) * 100

Unemployment Rate = (20 / 110) * 100

Unemployment Rate ≈ 18.18%

To learn more about labor force click here https://brainly.com/question/32177375

#SPJ11

The current price of a financial asset that does not generate dividends is So= 100 EUR. We assume that the price of this asset evolves in time according to a binomial model with a 6-month period. At the end of each semester, the price of the asset is expected to increase by 10% or decrease by 10%. The risk free interest rate is r = 0.04 p.a. (simple interest). (a) Find the possible asset prices at maturity T = 1. (b) Calculate the present value of a European put with strike price K = 100 EUR at T = 1.

Answers

(a) In a binomial model, the possible asset prices at maturity T = 1 can be calculated by applying the up and down factors to the initial price. Given that the asset price can increase or decrease by 10% at the end of each semester, we can calculate the possible asset prices as follows:

If the asset price increases by 10%, the new price is 100 EUR * (1 + 0.10) = 110 EUR.

If the asset price decreases by 10%, the new price is 100 EUR * (1 - 0.10) = 90 EUR.

Therefore, the possible asset prices at maturity T = 1 are 110 EUR and 90 EUR.

(b) To calculate the present value of a European put option with a strike price of 100 EUR at T = 1, we need to discount the potential payoff at maturity using the risk-free interest rate. In this case, the risk-free interest rate is 0.04 p.a. (simple interest). The put option will have a payoff of the difference between the strike price and the asset price if the asset price is below the strike price at maturity.

If the asset price is 90 EUR, the put option payoff is 100 EUR - 90 EUR = 10 EUR.

If the asset price is 110 EUR, the put option payoff is 0 EUR (since the asset price is above the strike price).

To calculate the present value, we discount the potential payoffs using the risk-free interest rate. The present value of the put option is the sum of the discounted payoffs.

Please note that without the specific details about the timing of the cash flows and the exact interest rate calculation method, a precise calculation cannot be provided. The provided information serves as a general illustration of the approach to pricing options in a binomial model.

To learn more about binomial model: -brainly.com/question/28647557

#SPJ11

Hartford Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year. (Click the icon to view the unit

Answers

By aggregating the units anticipated for each quarter, the overall sales prediction for the following year is 26,000 units. Hartford Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year.

Quarter 1: 6,000 units

Quarter 2: 7,000 units

Quarter 3: 8,000 units

Quarter 4: 5,000 units

The total sales projection of units for the upcoming year will be: 6,000 + 7,000 + 8,000 + 5,000 = 26,000 units.

The given sales projections of Hartford Bookstore by quarter for the upcoming year are as follows:

Quarter 1: 6,000 units

Quarter 2: 7,000 units

Quarter 3: 8,000 units

Quarter 4: 5,000 units

Therefore, the total sales projection of units for the upcoming year will be:6,000 + 7,000 + 8,000 + 5,000 = 26,000 units.

So, We got 26,000 units as the total sales projection of units for the upcoming year by adding the units projected for each quarter.

Learn more about total sales projection: https://brainly.com/question/30793595

#SPJ11

Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually used 4,600 pounds of direct materials to make the 2,100 units. The direct materials quantity variance is $1,600 unfavorable. What is the Standard Price (SP) per pound of direct materials?

Answers

To determine the standard price (SP) per pound of direct materials, we can use the direct materials quantity variance formula:

Direct Materials Quantity Variance = (Actual Quantity - Standard Quantity) x Standard Price

Given that the direct materials quantity variance is $1,600 unfavorable, and the company used 4,600 pounds of direct materials instead of the budgeted 4,000 pounds, we can plug these values into the formula:

$1,600 = (4,600 - 4,000) x Standard Price

Simplifying the equation:

$1,600 = 600 x Standard Price

To find the standard price, we divide both sides of the equation by 600:

Standard Price = $1,600 / 600

Calculating this:

Standard Price = $2.67 per pound

Therefore, the standard price (SP) per pound of direct materials is $2.67.

Learn more about standard price (SP) here:

https://brainly.com/question/29559697

#SPJ11

The issues surrounding welfare and good quality of life for workers are becoming more challenging and controversial. There are ample laws that have been put in place but implementation and enforcement are the major impediments. Most times, employees renege in their promises to provide welfare knowing very well that employees are vulnerable.
Lack of or inadequate welfare package to the employees limits the social and organizational conditions of workers. It could impact also on the team spirit which according to Vallas (2003) limits " the firm's ability to provide an overarching normative or moral framework within which workplace might unfold".
A full-time employee is supposed to be entitled to a living wage, good working conditions, leave allowance benefits and vacations. The extent to which these are actually made available and beneficial to employees in the workplace leaves much to be desired (Becker and Huselid, 2006).
In order to promote sustainable output in the workplace, employers should also be more innovative when it comes to dealing with welfare (Nativel, 2006). This will serve as incentive and motivate workers to go the extra mile by working harder. The importance of upgrading skills is also vital as part of welfare-in-work.
A study conducted by Okereke et al. (2010) examined "staff welfare and organization's productivity, using Patani Local Government \r Council in Delta State, Nigeria as a reference". Data revealed general awareness about staff welfare among the employees and their ability to identify the elements of welfare.
Employees in the private sector should be trained in how to improve their job performance and working conditions to elicit job satisfaction and motivation for increased productivity, according to a study by Okereke and Daniel (2010) published in The American Journal of Personnel and Staff Psychology.
The study of Chirda et al. (2009) showed that workers will be more motivated to do their work if salaries are competitive and market related. There is need to be administrative will on the part of employers to implement and political will from regulators to compel compliance and performance.
A study by Akintayo (2012:251) investigated the relationship between working environment, workers' morale and perceived productivity in industrial organizations in Nigeria. The study found that "working environment has significantly correlated with workers' morale" and their productivity.
The World Economic Forum (WEF) has recommended that workers' welfare and incentives in the workplace should be a top priority for employers. This will facilitate improved workers' morale and increased productivity at workplace, according to an analysis by (Akintayo, 2012).
The well-being, welfare, utility, and quality of life are all closely related concepts. They are also at the centre of morality, politics, law, and economics (Griffin, 1986). The study conducted by Morgen (2001) revealed that the neoliberal agenda of downsizing the state has shaped welfare policy and the work of welfare provision.
Hollar (2003) warned that assessing the human impact of policy change requires more than evaluating economic outcomes. We must strive for greater understanding about the sociocultural aspects of people's lives. Evaluation activities premised on a quality-of-life model will help policy actors understand the impact of policies.
Mirvis and Lawler (1984) study "describes the development and issuance of an independent report on the quality of work life in a Corporation". A survey indicating a favourable reception to the data by stockholders, financial analysts, and employees is analysed. Recommendations for increased collaboration between accountants and behavioural scientists are presented.
Lau and May (1986) found that companies with high quality work life enjoy exceptional growth and profitability. Growth and profitability of two groups of publicly held companies were compared. The first group consisted of companies identified as the best companies to work for in the United States.
Brush (2000) study revealed that Battering and its consequences may thwart welfare recipients' transition from welfare to work, complicating welfare reform. This research examined battering and traumatic stress in the lives of 122 participants in a job readiness program. Nearly half reported violence or serious injury in their current or most recent intimate relationship

Answers

The lack of or inadequate welfare packages for employees not only limits their social and organizational conditions but also affects team spirit and the overall moral framework within the workplace.

Full-time employees should be entitled to a living wage, good working conditions, leave allowances, and vacations. However, the actual availability and benefits of these provisions in the workplace often fall short.

To promote sustainable output, employers should be more innovative in addressing welfare concerns. This can serve as an incentive and motivate workers to exert extra effort. Upgrading skills is also crucial for enhancing welfare in the workplace.

Studies have shown the importance of staff welfare on organizational productivity. Employees' awareness of welfare elements and the relationship between the working environment, morale, and productivity have been examined. Competitive and market-related salaries have been identified as motivators for improved performance.

There is a need for administrative commitment from employers to implement welfare measures and political will from regulators to ensure compliance and performance. The World Economic Forum has emphasized the significance of workers' welfare and incentives as priorities for employers to enhance morale and productivity.

The concepts of well-being, welfare, utility, and quality of life are interconnected and central to various aspects of society. Evaluating policies based on a quality-of-life model can help understand their impact beyond economic outcomes.

Studies have shown that companies with high-quality work-life experiences exceptional growth and profitability. Collaboration between accountants and behavioral scientists is recommended to improve the understanding and implementation of quality-of-work-life initiatives.

In the context of welfare reform, research has indicated that issues such as battering and traumatic stress can complicate the transition from welfare to work. Addressing these challenges is crucial to ensure successful welfare reform and support individuals in their journey towards self-sufficiency.

Overall, addressing welfare concerns and improving the quality of life for workers requires a multi-faceted approach involving legislation, implementation, collaboration, and a focus on sociocultural aspects. By prioritizing employee welfare, organizations can foster a more productive and inclusive work environment.

Learn more about self-sufficiency visit:

brainly.com/question/30124048

#SPJ11

Production or sales data may be used by HR as part of a
performance appraisal or compensation process, but they would
likely be provided from a non-HR module or system. This example is
related to (a)

Answers

The example provided is related to [(d) Both (a) and (b)] considering how other areas of business interface with human resources and whether the data could be calculated from existing system data.

The example given involves the use of production or sales data by HR for performance appraisal or compensation purposes. The question asks whether this example is related to considering how other areas of business interface with human resources (option a) or considering if the data could be calculated from data already in the system (option b).

The example illustrates both aspects. Firstly, it highlights how HR interacts with other areas of the business, specifically production or sales, by utilizing their data for performance appraisal or compensation processes. This demonstrates the integration and collaboration between HR and other departments in utilizing relevant information for HR-related decisions.

Secondly, the example suggests that the production or sales data would likely be provided from a non-HR module or system, indicating the consideration of whether the data can be calculated from existing system data. This implies the examination of data availability and integration between systems to streamline processes and avoid duplicating efforts.

Learn more about performance appraisal here:

https://brainly.com/question/29387354

#SPJ11

Here is the complete question:

Production or sales data may be used by HR as part of a performance appraisal or compensation process, but they would likely be provided from a non-HR module or system. This example is related to (a) consider how other areas of business interface with human resources (b)consider if it could be calculated from data already in the system

a. (b) only

b. Neither (a) nor (b)

c. (a) only

d. Both (a) and (b)

Suppose you are a pricing analyst for a big software company. You
have two types of clients who use your product. Type A’s inverse
demand is P = 100 – 6Q, where Q is users and P is in dollars. Type
B’s inverse demand is P = 86 – 3.5Q. Assume the constant
marginal cost of supplying software is 16 or MC = 16.
A. What price do you charge each type?
B. What is total producer surplus?
C. If the firm charges $58 per user for a package where the buyer can purchase any quantity she wishes and a price of $51 for any buyer willing to purchase 10 or more units, will this pricing strategy be incentive compatible?

Answers

The correct option is A. To determine the price for each type of client, we need to find the quantity where the marginal cost (MC) equals the inverse demand equation for each type.

For Type A:

MC = P = 100 - 6Q

16 = 100 - 6Q

6Q = 100 - 16

6Q = 84

Q = 14

Substituting the quantity back into the inverse demand equation:

P = 100 - 6(14)

P = 100 - 84

P = 16

Therefore, for Type A clients, the price should be $16 per user.

For Type B:

MC = P = 86 - 3.5Q

16 = 86 - 3.5Q

3.5Q = 86 - 16

3.5Q = 70

Q = 20

Substituting the quantity back into the inverse demand equation:

P = 86 - 3.5(20)

P = 86 - 70

P = 16

Therefore, for Type B clients, the price should also be $16 per user.

B. To calculate the total producer surplus, we need to find the area between the marginal cost curve and the demand curve for each type and sum them.

For Type A:

Producer Surplus A = (1/2) * (P - MC) * Q

Producer Surplus A = (1/2) * (16 - 16) * 14

Producer Surplus A = 0

For Type B:

Producer Surplus B = (1/2) * (P - MC) * Q

Producer Surplus B = (1/2) * (16 - 16) * 20

Producer Surplus B = 0

Total Producer Surplus = Producer Surplus A + Producer Surplus B

Total Producer Surplus = 0 + 0

Total Producer Surplus = 0

C. The pricing strategy mentioned will not be incentive compatible because it allows buyers who purchase 10 or more units to pay a lower price per unit ($51) compared to the regular price of $58 per unit. This creates a price discrepancy that may incentivize buyers to split their purchases into multiple transactions of fewer than 10 units to take advantage of the lower price. Therefore, the pricing strategy does not align incentives for buyers to make their optimal purchasing decisions.

To know more about cost visit-

brainly.com/question/30455471

#SPJ11

A. If this economy was an open economy without a
government sector , what would be the level of GDP and aggregate
expenditure ? ( 2 marks )
B. If the economy becomes an open economy with a government

Answers

Answer: The impact of the government sector on GDP and aggregate expenditure would depend on the level of government spending and taxation. Government spending can contribute to aggregate expenditure, thereby increasing GDP. Conversely, taxation can reduce household disposable income, which may lead to a decrease in consumption and overall aggregate expenditure.

Explanation:

A. In an open economy without a government sector, the level of GDP and aggregate expenditure would be determined by the total spending by households (consumption), businesses (investment), and foreign entities (exports minus imports). The formula for aggregate expenditure is AE = C + I + (X - Z), where C represents consumption, I represents investment, X represents exports, and Z represents imports.

B. When the economy becomes an open economy with a government sector, the introduction of government spending and taxation would impact the level of GDP and aggregate expenditure. Government spending is typically represented as G in the aggregate expenditure equation.

The impact of the government sector on GDP and aggregate expenditure would depend on the level of government spending and taxation. Government spending can contribute to aggregate expenditure, thereby increasing GDP. Conversely, taxation can reduce household disposable income, which may lead to a decrease in consumption and overall aggregate expenditure.

Overall, the effect of the government sector on GDP and aggregate expenditure would be determined by the specific policies implemented, the magnitude of government spending and taxation, and how individuals and businesses respond to these changes.

Learn more about open economy here:

brainly.com/question/30131107

#SPJ11

"
SHE BOUGHT ME BRUNCH OF FOOD WHEN SHE TRALVEL IN INDO. IT'S SO
TOUCHED"
can i say this if i want to tell about an international friend who bought me food and expressed his gratitude for the gift

Answers

Yes, you can say "SHE BOUGHT ME BRUNCH OF FOOD WHEN SHE TRAVELLED IN INDO. IT'S SO TOUCHING" if you want to tell about an international friend who bought you food and expressed their gratitude for a gift.

You could elaborate on the circumstances and how the gesture made you feel.

For example, you could say: "During my friend's trip to Indonesia, she treated me to brunch as a way of expressing her gratitude for a gift I had given her. Her kind gesture not only provided me with a delicious meal but also made me feel appreciated and valued as a friend. It was a touching moment that I will always remember." It provides additional information and personal insight into the situation.

Learn more about personal insight: https://brainly.com/question/29392304

#SPJ11

(A) Under a free economy, market equilibrium in the catering industry is determined by the forces of demand and supply.

Suppose ABC is a food product with its price and quantity demanded now in equilibrium and is considered to be a normal good.
All other things being equal, production technology improves which increases its supply, and at the same time, the income level of population rises making the demand change too.

Describe briefly with diagrams the change of supply, demand, and the equilibrium price. (10 marks)

Answers

The improvement in production technology leads to an increase in the supply of ABC food products, shifting the supply curve to the right.

The rise in income levels of the population results in an increase in demand for ABC, shifting the demand curve to the right as well. The equilibrium price will depend on the magnitude of the changes in supply and demand, but it is expected to decrease if the increase in supply outweighs the increase in demand or increase if the increase in demand is larger than the increase in supply. A diagram illustrating the initial equilibrium, the rightward shift in supply, and the rightward shift in demand can provide a visual representation of these changes.

In the diagram, the supply curve will shift to the right, indicating an increase in supply. The demand curve will also shift to the right, reflecting an increase in demand. The new equilibrium price will be determined at the intersection of the new supply and demand curves. The extent of the price change will depend on the relative magnitude of the shifts in supply and demand.

Learn more about demand curve here;

https://brainly.com/question/13131242

#SPJ11

Lewis and Stark is a public accounting firm that offers two primary services, auditing and tax-return preparation. A controversy has developed between the partners of the two service lines as to who is contributing the greater amount to the bottom line. The area of contention is the assignment of overhead. The tax partners argue for assigning overhead on the basis of 40% of direct labor dollars, while the audit partners argue for implementing activity-based costing. The partners agree to use next year's budgeted data for purposes of analysis and comparison. The following overhead data are collected to develop the comparison. Estimated Use of Cost Drivers per Service Estimated Use of Cost Drivers Activity Cost Pools Cost Drivers Estimated Overhead Audit Tax Employee training Direct labor dollars $213,000 $1,775,000 $1,196,000 $579,000 Number of reports/forms 76,400 1,700 Typing and secretarial Computing 2,500 60,000 800 27,000 Number of minutes 193,200 33,000 Facility rental Number of employees 146,000 40 22 18 Travel Per expense reports 81,400 Direct 56,000 25,300 $710,000 Using activity-based costing, prepare a schedule showing the computations of the activity-based overhead rates (per cost driver). (Round overhead rates to 2 decimal places, e.g. 12.25.) Estimated Overhead Activity Cost Pools Expected Use of Cost Drivers per Activity Activity-Based Overhead Rates Employee training $ $ Direct labor dollars $ per DL dollar Typing and secretarial Reports/forms $ per report/form Computing Minutes per minute Facility rental Employees per employee Travel Direct $ $ $ Direct
Previous question

Answers

To calculate the activity-based overhead rates using the data provided, we need to divide the estimated overhead for each activity cost pool by its corresponding cost driver.

Employee training: