Large printed sheets with photos and text that are typically exhibited in public spaces to advertise something are known as posters. It is a very powerful strategy for marketing a good, service, or occasion. The merits and demerits of Online marketing have been mentioned below.
Global research, which enables web marketing to reach every door, is one of its greatest benefits. Online marketing is substantially less expensive than conventional marketing strategies.
The bad criticism associated with online marketing can damage a company's reputation. It takes a lot of time since the proper plan must be carefully considered.
Learn more about online marketing here:
https://brainly.com/question/13034290
#SPJ1
What is welfare loss or deadweight loss?
Welfare loss or deadweight loss refers to the inefficiency that arises when the market fails to allocate resources efficiently. It occurs when the production and consumption of goods and services in the economy are not optimized, leading to a loss of economic welfare.
When there is a market failure, the equilibrium price and quantity may not reflect the optimal level of production and consumption. This can occur due to externalities, public goods, market power, and imperfect information. The result is that some potential gains from trade are not realized, and resources are wasted.
Welfare loss is measured as the difference between the social surplus under the ideal conditions and the actual social surplus in the current market situation. This loss can be represented by a triangle that lies between the demand and supply curves, also known as the deadweight loss triangle.
Deadweight loss is a significant economic concept, as it highlights the costs of market inefficiency. The amount of welfare loss depends on the magnitude of the deviation from the efficient outcome and the elasticities of supply and demand. Policymakers can use this concept to design policies that mitigate market failures and reduce welfare loss.
For more such questions on Welfare loss
https://brainly.com/question/13245375
#SPJ11
one of the first steps in service recovery is that the firm needs to allow the customer to air his grievance and for the firm to:_________
One of the first steps in service recovery is that the firm needs to allow the customer to air his grievance and for the firm to: "actively listen and empathize with the customer's concerns." By listening attentively and empathetically to the customer's concerns, the firm can gain a better understanding of the problem and how to resolve it. It is crucial for the firm to acknowledge the customer's grievance and take ownership of the situation.
Step-by-step explanation:
1. Encourage the customer to share their grievance: Create a comfortable environment for the customer to openly express their concerns and dissatisfaction with the product or service.
2. Actively listen: Pay close attention to the customer's words, tone, and body language. Show that you're focused on understanding their perspective and needs.
3. Empathize: Acknowledge the customer's feelings and demonstrate genuine empathy. Use phrases like, "I understand how frustrating this must be" or "I can see why you're upset."
4. Apologize: Offer a sincere apology for the inconvenience or problem the customer has experienced.
5. Gather information: Ask relevant questions to collect necessary details about the issue, which will help in resolving the customer's grievance.
6. Offer a solution: Based on the collected information, provide an appropriate solution that addresses the customer's concerns and satisfies their needs.
7. Follow up: Ensure that the proposed solution is implemented and check back with the customer to confirm their satisfaction with the outcome.
By actively listening and empathizing with the customer's concerns, the firm demonstrates its commitment to providing excellent customer service and resolving grievances effectively.
To know more about grievance, visit https://brainly.com/question/27898626
#SPJ11
which groups does a firm exhibiting stakeholder responsibility primarily serve?
A firm exhibiting stakeholder responsibility primarily serves a wide range of groups, including shareholders, employees, customers, suppliers, the community, and the environment.
By considering the needs and interests of all these groups, a company can create long-term value and sustainability for its business. Stakeholder responsibility involves engaging in ethical business practices, being transparent and accountable, and actively working to improve social and environmental outcomes.
Ultimately, a firm that prioritizes stakeholder responsibility can build a stronger reputation, increase customer loyalty, and attract and retain top talent.
A firm exhibiting stakeholder responsibility primarily serves the following groups: shareholders, employees, customers, suppliers, and the local community.
These groups are directly or indirectly affected by the company's actions and decisions, and a responsible firm aims to consider their interests when making strategic choices.
Learn more about stakeholder here,
https://brainly.com/question/15532995
#SPJ11
Which of the following group of processes are centered around specific types of general-purpose equipment that are flexible and capable of uniquely-crafted work for individual customers?
a.Job shop processes
b.Continuous flow processes
c.Assembly line processes
d.Flow shop processes
Group of processes are centered around specific types of general-purpose equipment that are flexible and capable of uniquely-crafted work for individual customers. The correct answer is:
a. Job shop processes
Job shop processes involve the use of general-purpose equipment that can be easily configured to create custom products or services for individual customers. This type of process is flexible and adaptable to unique customer needs, making it suitable for producing low-volume, high-variety products.
"Uniquely-crafted" refers to something that is created in a distinctive and individualized manner, tailored to specific needs or preferences.
To know more about uniquely-crafted refer here:
https://brainly.com/question/30905207#
#SPJ11
Consider the assumptions, setting, and the implications of the
Endogenous Growth Model. In what ways this model is sufficient and
insufficient to understand the growth dynamics of today? Explain
and d
The Endogenous Growth Model is based on the assumption that technological progress is driven by investments in research and development, rather than external factors such as natural resources. The setting for this model is a closed economy with perfect competition and no government intervention.
One way that the Endogenous Growth Model is sufficient for understanding growth dynamics today is that it recognizes the importance of human capital and knowledge spillovers in promoting economic growth. In today's knowledge-based economy, where innovation and technology are driving factors, this model provides a useful framework for understanding the role of investment in research and development in stimulating growth.
However, the Endogenous Growth Model is also insufficient in some ways. It assumes that all firms have access to the same technology and that there are no externalities that may impede growth. In reality, access to technology and knowledge is not evenly distributed, and external factors such as natural disasters, political instability, and climate change can have significant impacts on economic growth.
Overall, while the Endogenous Growth Model provides a useful framework for understanding some aspects of growth dynamics today, it is important to recognize its limitations and consider other models and factors that may impact economic growth.
Learn more about e Endogenous here:
https://brainly.com/question/30332380
#SPJ11
Suppose the elasticity of demand for tickets to hockey games is 0.3 for fans and 2.0 for nonfans. to achieve higher profits through price discrimination, ticket sellers should charge lower prices to __________since their demand is more _________
Answer: To achieve higher profits through price discrimination, ticket sellers should charge lower prices to Nonfans since their demand is more Elastic.
In this case, the elasticity of demand for hockey game tickets is 0.3 for fans and 2.0 for nonfans. Elasticity measures the responsiveness of quantity demanded to changes in price. A demand is considered elastic when the elasticity is greater than 1, which means that the quantity demanded changes significantly with a small change in price.
Since nonfans have an elasticity of demand of 2.0, which is greater than 1, their demand is more elastic compared to fans with an elasticity of 0.3. By charging lower prices to nonfans, ticket sellers can encourage more nonfans to purchase tickets, thus increasing their profits through price discrimination.
Learn more about Price discrimination: https//brainly.com/question/31645930
#SPJ11
when applying the cage framework to kfc's early days in japan, the factor with the most impact on its success seems to be
When applying the CAGE framework to KFC's early days in Japan, the factor with the most impact on its success appears to be cultural distance.
Japan has a unique culture and traditions that are different from those in the United States, where KFC originated. KFC's success in Japan was due to its ability to adapt its menu and marketing strategies to suit the Japanese market.
For example, KFC introduced the "Christmas chicken" campaign in Japan, which capitalized on a local tradition of eating fried chicken during the holiday season. KFC also developed a menu that included rice, salads, and other items that appealed to Japanese tastes.
By understanding and adapting to cultural differences, KFC was able to establish a successful presence in Japan and attract a loyal customer base.
To know more about KFC refer to-
https://brainly.com/question/27321875
#SPJ11
a petty cash account is used for multiple choice question. small amounts of cash needed for low-cost items. routine purchases of inventory and required necessities. larger items purchased that were not in the budget.
A petty cash account is primarily used for small amounts of cash needed for low-cost items. The correct answer is option a.
Petty cash funds are typically maintained by businesses to cover small, incidental expenses, such as office supplies or postage, that do not warrant the use of a check or credit card. These small purchases are typically made on a regular basis and are necessary for the efficient operation of the business.
Routine purchases of inventory and required necessities are typically made through a company's regular purchasing process, which may involve issuing purchase orders, obtaining approvals, and using a company credit card or checking account.
Larger items purchased that were not in the budget are typically not paid for through a petty cash account, as they usually involve larger amounts of money and require a more formal purchasing process. These purchases may require additional approvals or budget modifications to be completed.
The correct answer is option a.
To know more about cash account refer to-
https://brainly.com/question/29890420
#SPJ11
Complete Question
a petty cash account is used for multiple choice question.
a. small amounts of cash needed for low-cost items.
b. routine purchases of inventory and required necessities.
c. larger items purchased that were not in the budget.
Fifteen years ago your grandfather purchased for you a 30-year $1,000 bond with a coupon rate of 11 percent. you now wish to sell the bond and read that yields are 8 percent. what price should you receive for the bond?
You should receive $1,541.58 for the bond if you sell it in the current market conditions. This is because the lower market interest rate of 8% makes the bond more valuable.
The price you should receive for the bond will depend on the current market interest rates and the remaining time to maturity of the bond.
Using the formula for bond valuation, we can calculate the present value of the bond's future cash flows:
PV = C/(1+r)¹ + C/(1+r)² + ... + C/(1+r)ⁿ + FV/(1+r)ⁿ
where PV is the present value of the bond, C is the annual coupon payment, r is the current market interest rate, n is the number of years remaining until maturity, and FV is the face value of the bond.
In this case, the annual coupon payment is $110 ($1,000 x 0.11), the current market interest rate is 0.08, and there are 15 years remaining until maturity. Thus, we can calculate the present value of the bond as follows:
PV = $110/(1+0.08)¹+ $110/(1+0.08)² + ... + $110/(1+0.08)¹⁵ + $1,000/(1+0.08)¹⁵
PV = $1,541.58
Therefore, you should receive $1,541.58 for the bond.
To know more about bond click here
brainly.com/question/29666251
#SPJ11
Which of the following businesses is most likely to consider proximity to raw materials when locating a new manufacturing plant?
A. A company that provides fresh baked goods for restaurants
B. A manufacturer of hunting equipment
C. A pharmaceutical manufacturer
D. A publisher of textbooks
E. A whiskey distillery
The business, most likely to consider proximity to raw materials when locating a new manufacturing plant is a whiskey distillery. The correct answer is option E.
A whiskey distillery relies heavily on the quality and freshness of raw materials, such as grains (barley, corn, rye) and water, which are essential for producing high-quality whiskey. Being close to the source of these raw materials helps in reducing transportation costs, ensuring the freshness of ingredients, and maintaining a consistent supply for the production process.
In contrast, the other options (fresh baked goods provider, hunting equipment manufacturer, pharmaceutical manufacturer, and textbook publisher) do not have the same level of dependency on proximity to raw materials for their production processes, as they can source their ingredients or materials from various locations without significantly affecting the quality of their products.
Therefore option E is the correct answer.
Learn more about raw materials:
https://brainly.com/question/825024
#SPJ11
FILL IN THE BLANK. A few years ago, when Coca-Cola introduced Fruitopia beverage, it spent $30 million and set what it thought was achievable sales goals. Since its introduction, Fruitopia has not been able to achieve its sales goals and has lost money for Coke. According to the concept of _____, Coke should delete the product.
According to the concept of product life cycle management, Coca-Cola should consider deleting the Fruitopia beverage from their product line.
When Coca-Cola introduced Fruitopia, they had high expectations for its success, investing $30 million and setting achievable sales goals. However, the product failed to meet these goals and has been losing money for the company.
Product life cycle management focuses on effectively managing a product through its various stages, from introduction to growth, maturity, and decline. It helps businesses make strategic decisions about how to invest resources and when to phase out a product if it is not performing well. In Fruitopia's case, it appears to be in the decline stage, as it is not generating the desired sales and profits.
Considering the concept of product life cycle management, it would be in Coca-Cola's best interest to delete Fruitopia from their product offerings. This would allow the company to focus on more successful products, allocate resources more efficiently, and ultimately improve their overall profitability. Deleting a poorly performing product like Fruitopia can also help maintain the company's brand reputation by ensuring that they continue to offer high-quality products that meet consumer demands.
Learn more about Product life cycle management here: https://brainly.com/question/29099285
#SPJ11
which of the following policy choices represents a combination of fiscal and monetary policies designed to bring the economy out of arecession?
The policy choice that represents a combination of fiscal and monetary policies designed to bring the economy out of a recession is a stimulus package. This involves a mix of government spending and central bank interventions.
A combination of fiscal and monetary policies designed to bring the economy out of a recession typically includes expansionary fiscal policies, such as increased government spending and tax cuts, along with expansionary monetary policies, like lowering interest rates and increasing the money supply. such as interest rate cuts or quantitative easing (monetary policy) to increase aggregate demand and stimulate economic . These measures aim to stimulate economic growth and reduce unemployment during a recession.
To know more about Stimulus package visit:
https://brainly.com/question/30741295
#SPJ11
Inside Rails' is an organisation with 15,000 employees scattered all over Ghana in their seven branches. To provide for future manpower needs of the enterprise, in terms of sales, number, age, i.e., to provide the right number of employees with the right talents and skills at the right time to perform right activities the set objectives and to fulfil the corporate purpose, manpower needs used to be calculated initially at the corporate office itself.
For the post of Chief Draftsman in the graded pay structure of GHȻ 2000 -3200 plus taking into consideration the needs of the entire organisation with its various branches the manpower needs were to be assessed. While assessing the manpower needs the following information are generally collected:
(1)Details of previous selections
(2) The availability of manpower on hand
(3) Actual sanctions
(4) Present holdings
(5) Vacancies
(6) Anticipated vacancies for the next one year - (a) due to normal wastage, (b) due to diversification, and (c) due to unforeseen circumstances.
(7) Surplus if any anticipated from other divisions of the organisation; and
(8) Any other special consideration. An addition of 20 per cent over the net vacancies arrived at is generally made, to arrive at the total requirements. While working out the requirements for this category which is at the highest supervisory level and is the feeder category for managerial promotions, the anticipated vacancies on account of expected promotions are also taken. 20 per cent of the total vacancies arrived at are filled up by open market recruitment with graduate engineers while 80 per cent is by promotion of diploma holders. Those who are recruited directly from open market are given training for one year and then only posted to the working posts.
Though they are called trainees, they are counted against working posts since their processed requirement profile for the years 2000 and 2001 with the following information collected from various sources. The following particulars were available:
(1) Number available on hand for promotion --- 13
(2) Number of posts on hand --- 22
(3) Number on rolls --- 20
(4) Anticipated requirements to be filled on account of retirement, wastages, etc --- 6
(5) Total requirement --- 7
Action was initiated and the process was carried through, till the time of fixing a date for selection and interviews. It was, however, seen one day prior to the date of interview, by the Chief of Personnel when someone who had come to interview paid a courtesy call on the Chief and when he called for the papers since he did not know about the selection, that the actual requirements would get considerable reduced. It was also seen that if the process was carried through and if seven persons were selected this would create problems and discontentment amongst the staff since atleast the last few out of the seven would not fit in. The Chief of Personnel was perplexed.
Questions
1. How and why has this situation arisen?
2. Was there anything wrong in the system?
3. Suggest an improvement
4. How would you solve the situation? By canceling the entire procedure so far completed and start afresh the manpower planning to see the needs or make adjustment now, or by going through the process and face the situation of excess when it arises? Elaborate on your suggested answer.
1. The situation has arisen due to a lack of proper communication and coordination within the organization. The manpower needs were assessed initially at the corporate office, but the actual requirements were not updated before the selection process began. This led to an overestimation of the manpower needs, causing problems and discontentment amongst the staff.
2. Yes, there was something wrong in the system. The organization did not have an updated and accurate assessment of their manpower needs. There was also a lack of communication and coordination between different departments, leading to an inefficient selection process.
3. An improvement would be to establish a system for regular and updated assessments of manpower needs. This system should involve all departments and branches of the organization to ensure accuracy and consistency. There should also be better communication and coordination between departments to avoid inefficiencies and errors in the selection process.
4. The best solution would be to cancel the entire procedure so far completed and start afresh with an updated and accurate assessment of manpower needs. It is important to have the right number of employees with the right talents and skills at the right time to fulfill the corporate purpose and achieve the set objectives. Going through the process and facing the situation of excess when it arises could lead to further problems and discontentment amongst the staff. Starting afresh with an updated assessment would ensure that the organization has the right number of employees with the right talents and skills to achieve their goals efficiently and effectively.
An airline employee is able to make a decision at the moment of assigning a passenger a seat at the gate when it is obvious the flier is in a wheel chair. the firm has:__________
An airline employee is able to make a decision at the moment of assigning a passenger a seat at the gate when it is obvious the flier is in a wheelchair. In this situation, the firm has:
1. Empowered the employee to make decisions: The airline firm has granted decision-making authority to its employees to make the necessary adjustments for passengers in need, such as assigning suitable seats for those in wheelchairs.
2. Implemented customer-centric policies: This indicates that the firm prioritizes the needs and comfort of its customers, making accommodations for passengers with special requirements.
3. Trained employees effectively: The airline employee's ability to make this decision demonstrates that the firm has invested in training and development to ensure staff can handle a range of situations and make informed decisions in the best interest of the customer.
To learn more about decision: https://brainly.com/question/1249089
#SPJ11
Star Corporation's business is expanding into multiple segments. They have an accountant who performs the accounting and finance works within the company. Star find it very useful to hire somebody who will assist their accountant to do the job, so they decided to outsource a CPA to help review their financial records and their existing system. Star pays P15,000 every month as a professional fee to the CPA while their accountant is paid P20,000. a. Will the CPA's income be subject to business tax? Why and why not? b. Will the accountant's income be subject to business tax? Why and why not? c. Will it be possible to be taxed with business tax and income tax to the same taxpayer?
The CPA income is considered professional fees, which are subject to income tax under the Tax Code. Compensation income is subject to income tax under the Tax Code.
a. The CPA's income will be subject to income tax but not business tax. This is because the CPA is not engaged in a trade or business, but rather providing professional services as an independent contractor.
b. The accountant's income will also be subject to income tax, but not business tax. The accountant is an employee of the company, and therefore, the income earned is considered compensation income.
c. Yes, it is possible for the same taxpayer to be taxed with business tax and income tax. This is because business tax is imposed on the income earned by the business, while income tax is imposed on the income earned by the individual. If the taxpayer is both an individual and engaged in a business or profession, then they may be subject to both types of taxes on their respective income streams. However, it is important to note that there are different tax rates and rules that apply to business tax and income tax, so it's essential to consult with a tax professional to ensure proper compliance.
To know more about CPA income,
https://brainly.com/question/14971139
#SPJ11
Explain two possible reasons why the labour productivity for
Company B is lower than that for Company A
There are two plausible explanations for why Company B's labour productivity is lower than Company A's: low morale throughout your entire crew. Employees do not want to feel that their time is being wasted.
staff productivity is usually higher and turnover is decreased when staff morale is strong. Employee productivity suffers and turnover rates increase when morale is low, on the other hand. This makes sense because disgruntled workers are less inclined to give their best effort.
The general productivity and market competitiveness of your business are directly associated with employee morale, which, in turn.
Read more about lower labour at
https://brainly.com/question/20368998
#SPJ4
at sporting venues, premium seat customers are largelygroup of answer choicesbusinesses that use tickets as client hospitality opportunities or to reward employeeslocal dignitaries and politiciansbusiness people that sell the seats in the secondary marketpurchased by team players to be used for their families and friends
At sporting venues, premium seat customers are largely businesses that use tickets as client hospitality opportunities or to reward employees.
These premium seats are usually purchased by companies who want to entertain their clients or employees in a luxurious setting while watching the game.
Occasionally, local dignitaries and politicians may also be given premium seats as a courtesy. These seats are not typically sold in the secondary market by business people. Additionally, team players may be given premium seats to use for their families and friends, but this is not the norm.
To know more about reward refer here:
https://brainly.com/question/30873799
#SPJ11
in addition to cmos, why do you believe so many other employees participate in marketing planning?what is the most important part of a marketing plan? why? what is the least important? why?what is the most important part of a marketing audit? why? what is the least important part? why?
Regarding the first question, other employees may participate in marketing planning because they can offer valuable insights and perspectives from their areas of expertise.
For example, sales staff may provide input on customer needs and preferences, while technical staff may provide input on product features and capabilities. Additionally, involving a diverse group of employees in the planning process can help build support and buy-in for the marketing plan.
The most important part of a marketing plan is the target market and positioning strategy. This is because it sets the foundation for all other aspects of the plan, such as product development, pricing, promotion, and distribution.
If the target market and positioning strategy are not well-defined and aligned with customer needs and preferences, the rest of the plan may not be effective.
The least important part of a marketing plan may vary depending on the specific situation, but it could be argued that some of the tactical details such as specific advertising messages or social media tactics are less important than the overall strategy and customer insights.
The most important part of a marketing audit is the evaluation of customer needs and preferences. This is because marketing ultimately exists to create value for customers, so understanding their needs and preferences is essential to developing effective marketing strategies.
Additionally, customer insights can help identify opportunities for innovation and differentiation.
The least important part of a marketing audit may be the evaluation of internal processes and procedures, as these may not have as direct an impact on customer satisfaction and value creation.
However, these factors can still be important for ensuring efficiency and effectiveness in the organization's marketing efforts.
To know more about marketing planning refer to-
https://brainly.com/question/1438676
#SPJ11
The figure illustrates the components of aggregate planned expenditure on Turtle Island Aggregate planned expenditure (billions of 2009 dollar Turtle Island has no imports or exports, no income taxes, and the price level is fixed. Calculate autonomous expenditure and the marginal propensity to consume in Turtle Island 5.6 Autonomous expenditure is $2 billion. The marginal propensity to consume is .6. >>> Answer to 1 decimal place. - I+G 0.0 80 2.0 4.0 6.0 Real GDP (billions of 2009 dollars)
On Turtle Island, the autonomous expenditure is $2 billion, and the marginal propensity to consume is 0.6. These values provide insights into the economy's response to changes in income levels and help predict aggregate planned expenditure under various economic conditions.
On Turtle Island, the components of aggregate planned expenditure consist of consumption (C), investment (I), and government spending (G). Since there are no imports, exports, or income taxes, and the price level is fixed, we can focus on calculating the autonomous expenditure and the marginal propensity to consume (MPC).
Autonomous expenditure refers to the spending that occurs when income levels are zero. In this case, it is given as $2 billion. This spending happens independently of income and includes aspects such as government spending, investment, and a part of consumption that doesn't depend on income.
The marginal propensity to consume (MPC) is the proportion of each additional dollar of income that is spent on consumption. In Turtle Island, the MPC is 0.6, which means that for every additional dollar of income, the residents spend $0.6 on consumption, while the remaining $0.4 is saved.
Using the autonomous expenditure of $2 billion and the MPC of 0.6, we can analyze how changes in income would impact aggregate planned expenditure in Turtle Island. As income levels increase, consumption will rise according to the MPC, leading to higher levels of aggregate planned expenditure. This relationship helps to understand the dynamics of the economy and the effects of changes in income on overall spending.
For more such questions on Aggregate planned expenditure.
https://brainly.com/question/31369315#
#SPJ11
People in this country tend to go to stores several times a week to get what they need rather than making one big trip less frequently. They prefer fresh food products to frozen ones, and they also like to sample food items before purchasing them. They like their homes and places of business to have character, with ornate decorations and vibrant colors. A U.S. store opens in this country and exhibits the following characteristics. Which of these characteristics will be problematic for the success of the store? Check all that apply.
a)Most products primarily available in bulk
b)Live fish
c)A simple interior design, with muted colors and no-frills displays
d)Daily beverage tastings
e)Two aisles dedicated to frozen dinners and one to fresh food
The problematic characteristics are Most products primarily available in bulk
A simple interior design, with muted colors and no-frills displays
Two aisles dedicated to frozen dinners and one to fresh food products
Your question is about a U.S. store opening in a country where people prefer fresh food products to frozen ones, go to stores several times a week, and enjoy ornate decorations and vibrant colors. You asked which of the given characteristics would be problematic for the store's success.
The problematic characteristics are:
a) Most products primarily available in bulk - People in this country prefer going to stores several times a week and might not be interested in buying in bulk.
c) A simple interior design, with muted colors and no-frills displays - This would not appeal to the local preference for ornate decorations and vibrant colors.
e) Two aisles dedicated to frozen dinners and one to fresh food - This is problematic as the locals prefer fresh food products over frozen ones, so dedicating more space to frozen items might not be well-received.
For more information on fresh and frozen products refer https://brainly.com/question/25884013
#SPJ11
which of the following traditional organizational designs focuses on results by holding division managers responsible for what happens to their products and services?
A) divisional structure B) team structure C) matrix structure D)
In a traditional organization, the divisional structure holds division managers accountable for the performance of their respective products and services, option A.
This traditional organizational design focuses on dividing the company into separate divisions based on products, services, or geographic locations. Each division has its own set of division managers who are responsible for the results and success of their specific division, including the products and services offered within that division.
To learn more about traditional organizations: https://brainly.com/question/21936953
#SPJ11
T/F. The reason Carlos Ghosn was fired from Nissan is that he failed to set a clear direction for the firm but did maintain an ethical culture.
The statement "The reason Carlos Ghosn was fired from Nissan is that he failed to set a clear direction for the firm but did maintain an ethical culture." is false.
Carlos Ghosn was fired from Nissan due to allegations of financial misconduct, including underreporting his income and misusing company funds. It was not related to his ability to set a clear direction or maintain an ethical culture at the firm.
Carlos Ghosn was fired from Nissan primarily due to allegations of financial misconduct and not properly disclosing his compensation, rather than a failure to set a clear direction for the firm or maintaining an ethical culture.
Visit here to learn more about financial misconduct : https://brainly.com/question/14940595
#SPJ11
2. (40%) Consider a firm in a competitive market whose average variable cost function is AVC(y) = 4y2 – 4y + 6 (A) (10%) Derive the firm's variable cost function. (B) (10%) Derive the firm's marginal cost function. (C) (10%) What is the minimum price that the firm will supply a positive quantity in the market? (D) (10%) Plot the firm's short-run supply curve on a figure.
(A) The variable cost function, VC(y) = y * AVC(y) = 4y^3 – 4y^2 + 6y.
(B) The marginal cost function, MC(y) = dVC(y)/dy = 12y^2 – 8y.
(C) The minimum price at which the firm will supply a positive quantity in the market is $5.50.
(D) The short-run supply curve can be drawn as a vertical line at the minimum supply price of $5.50.
(A) The variable cost function of the firm can be derived by multiplying the average variable cost function with the quantity produced, y. Therefore, the variable cost function can be written as VC(y) = y * AVC(y) = 4y^3 – 4y^2 + 6y.
(B) The marginal cost function of the firm can be obtained by differentiating the variable cost function with respect to quantity, y. Therefore, the marginal cost function can be written as MC(y) = dVC(y)/dy = 12y^2 – 8y.
(C) The minimum price at which the firm will supply a positive quantity in the market is equal to the firm's average variable cost at the point of minimum AVC. To find the minimum AVC, we take the derivative of AVC(y) and set it equal to zero. Therefore, dAVC(y)/dy = 8y – 4 = 0, which gives us y = 0.5. Plugging this value into AVC(y), we get AVC(0.5) = 5.5. Therefore, the minimum price at which the firm will supply a positive quantity in the market is $5.50.
(D) The firm's short-run supply curve can be obtained by comparing the minimum price at which the firm is willing to supply a positive quantity with the market price. If the market price is higher than the minimum supply price, the firm will supply the quantity where MC = P. If the market price is below the minimum supply price, the firm will not supply any quantity. Therefore, the short-run supply curve can be drawn as a vertical line at the minimum supply price of $5.50.
For more such questions on Cost function.
https://brainly.com/question/29583181#
#SPJ11
3
A member of Jefferson City Council offers to help the council earn extra cash for its project in Bond Issue for a Stadium for a High School. The Council is considering Issuing Revenue Bonds 0f $2,000,000 at 5% annual interest rate. The Council Member offers to get its Bank to lend the Council $2,000,000 at 3% annual rate. By so doing the Council will save 2% of which 1% will be put into use by General Fund and 1% if for bonus for council members.
PLEASE ANSWER a-c. BELOW.
a.What ethical principles do recognize in the Council member's proposal in this case? List but do not discuss.
b.Who are the principal stake holders in this case?
c.Who would be held responsible if the Council went along with the proposal and things went wrong? List but do not discuss.
Some ethical principles that may be recognized in the Council member's proposal include honesty, transparency, and fiduciary responsibility.
b. The principal stakeholders in this case include the members of the Jefferson City Council, the bank lending the money, the high school and its students, and the taxpayers who will be affected by the bond issue and any potential financial repercussions.
c. The individuals who could potentially be held responsible if things went wrong would include the Council member who made the proposal, the Council as a whole, and potentially the bank if there were any issues with the loan or interest rates.
Learn more about repercussions here:
https://brainly.com/question/29237243
#SPJ11
find the accumulated amount after 6 years if $3000 is invested at 6%/year compounded continuously. (round your answer to the nearest cent.)
The accumulated amount after 6 years, if $3000 is invested at 6%/year compounded continuously, is $4,026.04.
Continuous compounding is a method of calculating interest that assumes that the interest is being constantly applied and compounded instantaneously.
This means that interest is earned on the principal and the accumulated interest at every instant, resulting in the exponential growth of the investment.
The formula for continuously compounded interest is
[tex]A = Pe^{(rt),[/tex]
where A is the accumulated amount, P is the principal or initial investment, e is the mathematical constant approximately equal to 2.71828, r is the interest rate, and t is the time in years.
Substituting the given values, we get
[tex]A = 3000 \times e^{(0.06 \times 6)[/tex]
[tex]= 3000 \times e^{(0.36)[/tex]
= 3000 x 1.4343 = $4,026.04 rounded to the nearest cent.
Therefore, the accumulated amount is $4,026.04.
To know more about accumulated amount, refer here:
https://brainly.com/question/31469567#
#SPJ11
warby parker makes affordable eyeglasses in a variety of styles. materials cost per pair of glasses is $6, and labor cost is $5 each. production overhead is $1,000,000. if warby parker spends $1,000,000 on advertising and promotion, what is the total cost for sales of 500,000 pairs of these eyeglasses? multiple choice $3,650,000 $5,500,000 $7,500,000 $1,000,000 $2,000,000
To know the total cost for sales of 500,000 pairs of eyeglasses for Warby Parker, given that the materials cost per pair is $6.
Labor cost is $5 each, production overhead is $1,000,000, and advertising and promotion costs are $1,000,000. Let's calculate the total cost step by step:
1. Calculate the cost per pair of glasses: $6 (materials) + $5 (labor) = $11 per pair. 2. Multiply the cost per pair by the number of pairs sold: $11 x 500,000 = $5,500,000
3. Add production overhead: $5,500,000 + $1,000,000 = $6,500,000
4. Add advertising and promotion costs: $6,500,000 + $1,000,000 = $7,500,000
The total cost for sales of 500,000 pairs of these eyeglasses is $7,500,000.
To know more about Warby Parker refer here:
https://brainly.com/question/25260791#
#SPJ11
if you open a pizza restaurant and assume that all potential customers have similar needs and wants, you are using a - approach to define your target market.
If you open a pizza restaurant and assume that all potential customers have similar needs and wants, you are using a mass marketing approach to define your target market.
In mass marketing, businesses assume that all customers have similar needs and wants and design a product or service to appeal to a broad range of customers. This approach is generally used for products or services that are considered to be basic necessities and have a large potential customer base.
However, in reality, customers have different needs and preferences, and a mass marketing approach may not be effective in attracting and retaining customers.
A more effective approach is to use market segmentation, which involves dividing the market into smaller groups with similar needs and preferences and targeting these groups with a tailored marketing mix.
To know more about target market refer to-
https://brainly.com/question/13363009
#SPJ11
sandra, who is a licensed agent and an employee at xyz company, is writing an insurance policy on herself and a few of her co-workers since group benefits are currently not available. what type of business is she considered to be conducting? controlled business all answers are correct rejected business excess business
Sandra, who is a licensed agent and an employee at XYZ company, is writing an insurance policy on herself and a few of her co-workers since group benefits are not currently available. In this scenario, the type of business she is considered to be conducting is: controlled business. The correct option is A.
Controlled business refers to insurance policies that are written by an agent for themselves, their family members, or close associates such as co-workers. In some jurisdictions and companies, there might be certain restrictions or regulations governing controlled business to prevent conflicts of interest or unethical practices.
In this case, Sandra is providing insurance coverage for herself and her co-workers, which falls under the category of controlled business.
To know more about business, refer here:
https://brainly.com/question/30290024#
#SPJ11
Complete question:
sandra, who is a licensed agent and an employee at xyz company, is writing an insurance policy on herself and a few of her co-workers since group benefits are currently not available. what type of business is she considered to be conducting?
a. controlled business
b. all answers are correct
c. rejected business
d. excess business
diminishing returns occur when the responses a marginal product of an input becomes negative.marginal product of an input becomes negative. b marginal product of an input is falling.marginal product of an input is falling. c total product of an input is zero.total product of an input is zero. d total product of an input is negative.total product of an input is negative.
Diminishing returns occur when the marginal product of an input is falling. This means that as more of a particular input is added to a production process, the increase in output produced by each additional unit of that input will begin to decrease.
In other words, the additional output gained from each additional unit of input becomes smaller and smaller as more input is added.
Diminishing returns occur when the marginal product of an input becomes negative or zero. When the marginal product of input becomes negative, it means that adding more of that input actually reduces the overall output of the production process. When the marginal product of an input is zero, it means that adding more of that input does not result in any increase in output. Both of these scenarios are indicative of diminishing returns, where the increase in input is not resulting in a proportional increase in output. However, the most common and basic form of diminishing returns is when the marginal product of an input is falling, as this means that while output is still increasing, the rate of increase is slowing down.
Learn more about Diminishing returns: https://brainly.com/question/30761694
#SPJ11
currently, which type of system determines the values of the major currencies, such as the dollar, yen, and euro?
The foreign exchange market determines the values of major currencies such as the dollar, yen, and euro based on supply and demand. The exchange rates are constantly fluctuating due to various economic and geopolitical factors.
The foreign exchange market is a decentralized global market where currencies are traded. It operates 24 hours a day, five days a week, and is the largest and most liquid financial market in the world.
The exchange rates are determined by the supply and demand for each currency, which is influenced by various factors such as interest rates, economic growth, inflation, geopolitical events, and central bank policies.
Traders and investors use various tools and strategies to analyze these factors and make informed decisions about buying and selling currencies.
For more questions like Exchange click the link below:
https://brainly.com/question/31063963
#SPJ11