Answer:
(b) Goods shipped on consignment to Logan Holdings Inc. on January 5.
(c) Goods shipped to a customer, FOB destination, on January 29 that are still in transit.
Explanation:
Gato Inc. should include two items in its inventory. Good shipped on consignment to Logan Holdings Inc. should be included in inventory because this is transaction after the closing of December period. Goods shipped tp a customer on January 29 must also be included in the inventory because the goods are still in transit.
The nominal exchange rate is about 2 Aruban florin per dollar. If a basket of goods in the United States costs $50, how many florins must a basket of goods in Aruba cost for purchasing-power parity to hold
Answer:
100 florins
Explanation:
Purchasing Power Parity is a theory which compares currency of different countries through basket of goods. This is a method to compare purchasing power of currencies of different countries. If nominal exchange rate is 2 Aruban florin per dollar and basket of good in United States cost $50 then there must be 100 florins in the basket.
2 Florin per dollar * $50 = 100 Florins.
Collective bargaining refers to a. firms colluding to set the wages of employees below equilibrium. b. the process by which unions and firms agree on the terms of employment. c. the process by which the government sets exemptions from the minimum wage law. d. setting the same wage for all employees to prevent conflict among workers.
Answer: the process by which unions and firms agree on the terms of employment.
Explanation:
Collective bargaining is the negotiation that takes place between the employers and the workers in order to reach an agreement regarding the wages or salaries, benefits, sworking conditions, and other rights for the employees.
Therefore, collective bargaining is the process by which unions and firms agree on the terms of employment.
An insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy. What is the term used to describe the situation above
Answer: adverse selection
Explanation:
From the question, we are told that an
insurance company is likely to attract customers like Clancy who want to purchase insurance because he knows better that the company that he is more likely to make a claim on a policy.
The idea above is called adverse selection. This is a situation whereby either the seller or the buyer believes that he or she has more information than the other person regarding a particular product.
If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) If you have a checking account and want to buy something online, which method of payment would be most convenient? (Select the best answer.) Writing a check Using an overdraft Using your checkbook register Using a debit card
Answer:
Using a Debit card
Explanation:
Online transaction and payments are transactions that are conducted virtually and electronically through the internet and computer network. One major attribute of this medium of payment is that physical method of payment are minimally used. An example of a medium of online payment is the use of a debit card
A debit card is a payment card issued by financial organization and linked to a customers checking account , which can be used to pay for purchases made through an online platform. It is a faster and saver means of payment.
Answer:
Debit Card (got it right on my test)
Explanation:
Which of the following statements support the claim that incentives matter? Explain why or why not. 1. When income transfers to the ablebodied poor increase, the recipients will have less incentive to work. 2. An increase in the fines associated with downloading music and videos protected by copyright laws reduces the number of people engaging in this activity. 3. An increase in the number of people downloading music and videos negatively impacts the commercial production of music and videos.
Answer:
1. When income transfers to the ablebodied poor increase, the recipients will have less incentive to work.
The incentive to work for most people is earning a wage to make a living.
For the poor, this incentive is even more so, because usually, the lack of work for them means severe lacking in their material needs: shelter, food, clothing, electricity, drinking water, and so on.
If the poor are given income transfers from the government, they will have less incentive to work simply because they now obtain some income without the need of doing so.
The incentive to work is reduced even more if the income transfers to the ablebodied poor increase so much that they become higher than the minimum wage. In a situation like this, many ablebodied poor will simply stop searching jobs because they can earn more money from the government by not working.
A study examined the economic rewards of obtaining an MBA degree. The researchers made inferences based on wage data collected for a sample of individuals who sat for a particular examination required for most MBA programs. The researchers used data from an earlier article which used random sampling of those who took the exam during a selected time period to draw conclusions about the potential economic benefits of obtaining a an MBA degree. Complete parts Bold a through Bold c below. nothing nothing nothing nothing a. For this study, describe the population of interest. A. All people who have an MBA. B. All those who took the exam during the selected time period.
Answer:
Option B. All those who took the exam during the selected time period.
Explanation:
The reason is that the population of interest is based on the people who took the exam during the selected period because it helps in estimating the actual economic benefits to the people who opted the MBA prgram. So basically we are using the earliar research papers which will help in understanding what value the MBA degree has generated. So the option B is correct.
The closing of a real estate transaction generally involves two closings. One is the closing of the real estate sale in which the deed is delivered in exchange for the purchase price. The other is the closing of the
Answer:
Buyer's loan and the disbursement of the mortgage funds in exchange for the note and mortgage
Explanation:
The closing of a real estate transaction involves two closings. The parties to the contract are represented by atorrneys, and the deed is legally delivered to the buying party and the consideration to seller, along with the closing of the buyer's loan and this closing of buyer's loan involes the disbursement of mortgage funds for financing note and mortgage.
Question 1 What forces have caused cost and management accounting systems designed decades ago to become less relevant and less valuable for organizational employees in today's globally competitive environment? Question 2 As a Cost and Management Consultant in the banking industry in Ghana, one of your highly esteemed clients, a top tier banking institution in Ghana has required of you to advise them as to whether target costing can be applied to the banking industry in Ghana. They further require you to advise them on what products or services can target costing be applied.
Answer to Question 1:
The forces that had lessened the importance of the cost and management accounting systems in today's dynamic world are as under:
The ancient bookkeeping and the costing techniques were very time consuming and the accounting systems were also not integrated with the financial accounting systems. Today we have very robust and integrated systems which helps the management of the business operations nation wide with greater security and better performance than the previous old versions.The complexity of the organization operations have resulted in origination of additional management accounting techniques that were adapted in the form of automated software, that are used to produce management reports on daily, weekly, monthly and yearly basis. The examples include the Throughput costing, Activity based costing, Bench-marking techniques, etc.The activities automation has led to attaining of maximum efficiency possible in some areas which wasn't possible in the past. The robots management systems, activity automation, etc has increased the fixed cost share in the total cost and the variable cost has become a very minute share of the total cost of the activity. This variable cost which is often referred to as controllable cost, is very less in percentage share of total cost today than 10 years back. In the future, we will see it as a very very very small share of total cost. This makes the today's management costing techniques obsolete and requires new solutions, new techniques, new softwares, etc. to manage the companies operations.Answer to Question 2:
The target costing is a costing technique that helps to reduce the cost of the company operations by setting cost targets for the operations. The first step under target costing is to set a selling price for the product and the second step is to set the target profit margin. Now at this position we are able to derive the target cost by taking the difference of profit margin and the selling price of the product. At this stage the actions and reforms required to achieve this target cost are determined and implemented in the current operating activities. The best part of the target costing is that it says that the pricing though matters but the main aspect of a product success is its cost controls. If the company is able to control the cost of the product then it can control the movement of prices in the market. So target costing specially focuses and stresses upon cost control procedures.
As Target costing is all about cost controlling and can be applied to any sector. In Ghana, target costing will help to control the cost of the services that the banking sector renders to its customers. This reduction in services cost can be achieved by automation, installation of new softwares, Investing in automated teller machines, etc. By gaining efficiencies, the banking sector will substantially reduce its cost thus achieving its target cost.
By achieving the target cost the bank will have to sell at the same rate as the bank had invested its time and money in efficiency gaining activities. There are a lot of activities and products that can be automated and that can help to achieve the target cost. For example, promoting internet banking will reduce the cost of ATM management, paper cost, management time, additional branch opening or extension of building, etc. We can see how easily internet banking will assist the banking sector to achieve its target costs.
While moving into a newly purchased home, the buyer discovered that the seller had taken the ceiling fan that hung over the dining room table. The seller has not indicated that the ceiling fan would be removed, and the contract did not address this issue. Which statement is TRUE
Options :
a. Ceiling fans are usually considered real estate.
b. The ceiling fan belongs to the seller.
c. Ceiling fans are considered trade fixtures.
d. Ceiling fans are considered personal property.
Answer: a. Ceiling fans are usually considered real estate.
Explanation: The ceiling fan should be transferred to the buyer as it is considered real estate. Items of this nature becomes part of the real estate property as they have become attached to the home. Also, since ceiling fan is present at the time of purchase and there was no written or verbal agreement that it will be detached from the property once the property is sold. Therefore, the ceiling fan is a real estate and should be a part of what was purchased by the buyer.
Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2
Complete question :
Good Price Year 1 Quantity of Goods Year 1 Price Year 2 Quantity of Goods Year 2 Quarts of ice cream $4.00 3 $4.00 5 Bottles of shampoo 3.00 1 3.00 2 Jars of peanut butter 2.00 3 2.00 2.
What was nominal GDP in year 1? What was real GDP in year 1?What was nominal GDP in year 2? What was real GDP in year 2?
Answer: $21 ; $21 ; $30 ; $30
Explanation:
Given the following:
Goods, price YR 1; qty YR 1; price YR 2; qty YR 2
Quarts of ice cream; $4.00; 3; $4.00; 5
Bottles of shampoo; $3.00; 1; $3.00; 2
Jars of peanut butter; $2.00; 3; $2.00; 2
A.) Nominal GDP in year 1:
NOMINAL GDP = SUMMATION OF THE PRODUCT OF PRICE AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
NOMINAL GDP = $(12 + 3 + 6) = $21
B) REAL GDP YEAR 1
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 3 = $12
BOTTLE OF SHAMPOO = $3 × 1 = $3
JARS OF PEANUT BUTTER = $2 × 3 = $6
REAL GDP = $(12 + 3 + 6) = $21
C) NOMINAL GDP YEAR 2
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
NOMINAL GDP = $(20 + 6 + 4) = $30
D)REAL GDP YEAR 2
REAL GDP = SUMMATION OF THE PRODUCT OF PRICE OF BASE YEAR AND QUANTITY OF GOODS FOR A PARTICULAR YEAR
QUARTZ OF ICE CREAM = $4 × 5 = $20
BOTTLE OF SHAMPOO = $3 × 2 = $6
JARS OF PEANUT BUTTER = $2 × 2 = $4
REAL GDP = $(20 + 6 + 4) = $30
What is true regarding local government budgets? (Select all that apply) Large portions of local budgets support elementary education. Revenue comes from intergovernmental payments. Expenditures include police and fire departments. Localities fund social security benefits for retired residents.
Answer:
All that is true regarding local government budgets:
Large portions of local budgets support elementary education.
Revenue comes from intergovernmental payments.
Expenditures include police and fire departments.
Explanation:
Local government budgets in the U.S.A. are detailed financial, operational, and policy documents that give details about the services being rendered by the local government. They specify who gets what services, how much of the services, and who pays for the services.
Local government budgets are done at three main levels, depending on the state. The levels are the city, town, and county levels. These levels of government are headed by the mayor, CEO or manager, either appointed or elected, again depending on the state, with power balanced by the legislature, which is always elected. There are also budgets for specialized projects and purposes.
Funding for local government budgets generally comes from taxes and levies, with support from the state and federal governments.
Hearing that her job has been terminated, Eleanor has responded by saying, "I never will get another job. There is no other work that I can do." Her counselor responds by saying, "There are other jobs that you can do. I will help you consider other types of work." The counselor's statements most clearly fits:______.
A. Holland's theory.
B. Myers- Briggs Type theory.
C. social learning theory.
D. Super's developmental theory.
Answer:
C
Explanation:
If the marginal propensity to consume (MPC) is 0.75, and if the goal is to increase real GDP by $400 million, then by how much would government spending have to change to generate this increase in real GDP? Group of answer choices
Answer:
Government spending would have to change by $1.6 billion
Explanation:
The marginal propensity to consume (MPC) refers to the proportion of an increase in aggregate income that is spent on consumption of commodities by a consumer.
Since from the question, we have:
MPC = Marginal propensity to consume = 0.75
The MPC can therefore be used to calculate the fiscal multiplier which measures the effect of government spending on real GDP as follows:
Fiscal multiplier = 1 / (1 - MPC) = 1 / (1 - 0.75) = 1 / 0.25 = 4.0
Therefore, we have:
Change in government spending = Fiscal multiplier * Amount of targeted increase real GDP = 4.0 * $400 million = $1.6 billion
Therefore, government spending would have to change by $1.6 billion to generate $400 million increase in real GDP.
You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the current state of the economy, he expects sales to decrease by 7 percent next year. What change should you expect in operating cash flows next year given your sales forecast?
Answer:
The change should you expect in operating cash flows next year would be 19.60%
Explanation:
In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:
change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year
change should you expect in operating cash flows=2.8*0.07
change should you expect in operating cash flows=19.60%
The change should you expect in operating cash flows next year would be 19.60%
Joe Jones, the proprietor of Joe Jones Financial Planning Inc., which is registered as an investment adviser in New York State, has decided that he can expand his business by setting up an Internet website. He includes a questionnaire that solicits individuals to transmit information about their investment objective, financial situation, financial needs, risk tolerance level and investment time horizon, which he will use to create a financial model and plan for a fee. Which statement is TRUE
Available Options are:
A. Joe Jones financial planning Inc. must register with the S EC as an investment advisor but is not required to register as an investment advisor in each state where customers complete the questionnaire
B. Joe Jones financial planning Inc. is not required to register with the SEC as an investment advisor, but the firm is required to register as an investment advisor in each state where customers complete the questionnaire
C. Joe Jones financial planning Inc. is required to register with the SEC as an investment advisor, and the firm is required to register as an investment advisor in each state where customers complete the questionnaire
Answer:
Option B is correct.
Explanation:
Because the reason is that Joe Jones financial planning Inc., is not a large size firm hence they are not required to register with the SEC whereas they are required to register as an investment advisor in each state where they are operational as an investment advisor and are processing cases of customers who complete the questionnaire.
A prospective buyer made an offer to purchase a property. The owner responded with a counteroffer. While the buyer was reviewing the counteroffer, the owner received a better offer. The owner can accept the second offer if
1. it satisfies or exceeds all terms included in the counteroffer.
2. the owner withdraws the counteroffer before it is accepted.
3. the owner gives the first buyer notice that another offer was received and an opportunity to revise the bid.
4. the first buyer is informed, in writing, of the owner's intent to accept another offer.
Answer:
2, the owner withdraws the counteroffer before it is accepted.
Explanation:
When an offer is met with a counteroffer, until the counteroffer is accepted, there is always still the chance to withdraw the counteroffer. This usually happens when there is a new development as regards the offer.
From the above question, it can be seen that the owner of the property responded with a counteroffer to the buyer's offer. Now, while the counter offer is being considered by the buyer, the owner gets a better offer and as such needs to withdraw the counteroffer given to the buyer.
Since there hasn't been any positive response to signify interest or agreement to the counteroffer, the counteroffer can still be withdrawn by the buyer as there is no contract yet.
In the event that, the buyer accepts the counteroffer of the owner, the new offer will have to be forgone as there is an agreement already.
Cheers.
________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Multiple Choice Selling Advertising Marketing Mixing markets
Answer:
The given option "Marketing" is the right choice.
Explanation:
Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them. It is different from selling, although selling is concerned with either the methods or strategies of convincing investors to exchange some currency for a certain commodity.Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.
Answer:
Marketing
Explanation:
help me out, please.
Answer:
a) Sub total of Kevin's order = $49.99
b) Total of Kevin's order = $62.99
Explanation:
In an invoice, the subtotal for a person's transaction of order is the sum of the item only without the addition of taxes, shipping, credit card fees(if they order and pay for the item online), discounts e.t.c
The total amount for the purchase of an order is the sum total which includes cost of the goods, discounts, taxes, shipping fees e.t.c.
For Kevin,
a) His Subtotal is the cost of his Base ball jacke × number of jackets
= $49.99 × 1
= $49.99
b) Total of Kevin's order
= Cost of his Base ball jacket + Shipping and Handling fee + Credit card fee
Shipping and Handling fee = $10.00 Credit card fee = $3.00
Total = $49.99 + $10.00 + $3.00
= $62.99
which statement best explains the relationship between points A and B?
Global Technology’s capital structure is as follows: Debt 15 % Preferred stock 50 Common equity 35 The aftertax cost of debt is 6.00 percent; the cost of preferred stock is 10.00 percent; and the cost of common equity (in the form of retained earnings) is 13.00 percent. Calculate the Global Technology’s weighted cost of each source of capital and the weighted average cost of capital.
Answer:
1. 0.9% ; 5% ; 4.55%
2. 10.45%
Explanation:
Cost of equity = 13%
After tax cost of debt= 6%
Cost of preferred stock = 10%
Weight of debt = 15%
Weight of preferred stock = 50%
Weight of equity = 35%
Therefore;
1
•After tax weighted cost of debt = weight of debt × after tax cost of debt
= 0.15 × 0.06
= 0.009
= 0.9%
•Weighted preferred stock cost = Weight of preferred stock × cost of preferred stock
= 0.50 × 0.10
= 0.05
= 5%
•Weighted common equity stock cost = weight of equity × cost of equity
= 0.35 × 0.13
= 0.0455
= 4.55%
2.
• Weighted average cost of the firm
= After tax weighted cost of debt + Weighted preferred stock cost + Weighted common equity stock cost
= 0.9% + 5% + 4.55%
= 10.45%
Match each word with the phrase that best defines it.
service
a measure of how financially worthy a
person is to receive loans
credit score
the act of stealing and using someone
else's personal information
identity theft
a condition of financial failure
bankruptcy
a resource that is provided to meet
consumers' needs
Answer:
Credit score - A measure of how financially worthy a person is to receive loans .
Identity theft - the act of stealing and using someone else's personal information .
Bankruptcy - A condition of financial failure
Consumers' needs - A resource that is provided to meet .
Explanation:
The Credit score is described as the numerical expression which represents an individual's creditworthiness. This number is determined by the evaluation of past credit files of the person which makes him/her worthy or not worthy to seek loans from the bank.
Identity theft is a term employed for describing an illegal or fraudulent use of a person's identity or personal information for seeking financial or other advantages(obtaining credit, medical services, file taxes, etc.) associated with that person.
Bankruptcy is demonstrated as the term used for 'legal declaration or recognition of the condition of insolvency of an individual or financial organization.' In this situation, the person or organization fails to repay the debts.
Consumer needs are described as the resources(product or service) that the consumers require to meet a particular need. In economic terms, it is the customer's desire for a resource or good for a specific benefit or advantage. For example: a fan would help the consumer to eliminate the feeling of heat.
Shelton Co. purchased a parcel of land six years ago for $855,500. At that time, the firm invested $127,000 in grading the site so that it would be usable. Since the firm wasn't ready to use the site itself at that time, it decided to lease the land for $45,000 a year. The company is now considering building a warehouse on the site as the rental lease is expiring. The current value of the land is $907,000. What value should be included in the initial cost of the warehouse project for the use of this land
Answer:
$907,000
Explanation:
We will only consider the relevant cost here in the warehouse project. As the purchase cost and grading cost has been incurred in the past due to that they are sunk cost, there is no relevance of these cost in this project. The lease is about to expire and has no value So we will only consider the current value of land as relevant and include it in the initial cost of the warehouse project for the use of this land.
The master budget of Carpenter Company shows that the planned activity level for next year is expected to be 100,000 machine hours. At this level of activity, the following manufacturing overhead costs are expected: Indirect labor $480,000 Machine supplies 120,000 Indirect materials 140,000 Depreciation on factory building 100,000 Total manufacturing overhead $840,000 A flexible budget for a level of activity of 120,000 machine hours would show total manufacturing overhead costs of:
Answer:
Total overhead cost= $988,000
Explanation:
Giving the following information:
Activity level= 100,000 machine hours
Indirect labor $480,000
Machine supplies 120,000
Indirect materials 140,000
Depreciation on factory building 100,000
First, we need to calculate the unitary overhead costs per machine-hours. Depreciation is a fixed cost.
Indirect labor= 480,000/100,000= $4.8
Machine supplies= 120,000/100,000= $1.2
Indirect materials= 140,000/100,000= $1.4
Now, we can determine the total overhead cost for 120,000 machine hours.
Indirect labor= 4.8*120,000= 576,000
Machine supplies= 1.2*120,000= 144,000
Indirect materials= 1.4*120,000= 168,000
Depreciation= 100,000
Total overhead cost= $988,000
If a firm's business activities do not result in profit maximization, whilst alternatives exist, then such activities amount to irresponsible actions. Discuss any five sets of economic responsibilities firms must embrace to ensure the protection and enhancement of the business.
Explanation:
For a company to remain profitable and competitive in the market, it must build a solid and positive positioning that guarantees itself and its stakeholders reliability and competence.
For this, some practices must be adopted in all its internal and external processes. Can be:
Compliance with local legislation. Development of policies that promote ethical behavior .Development of social programs .Environmental management focused on minimizing environmental impacts. Transparency in accounting results.The company must institute social and environmental policies and practices since its strategic planning, as currently at a level of global competitiveness, companies are responsible for developing corporate governance with a focus on helping to promote good practices that assist in the development of society and preserving the environment. Having positive values builds a positioning that increases the reliability of the company's processes and ensures the continuous improvement of the processes, the reduction of waste, the attraction of investors, etc.
Jake and Latasha Lalime live in Swarthmore, PA. Latasha's father, Musashi, lives in Sweden. For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M).
A. Latasha gets a new video camera made in the United States.
B. Latasha's father in Sweden orders a bottle of Vermont maple syrup from the producer's website.
C. Jake's employer upgrades all of its computer systems using U.S.-made parts.
D. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.
E. Jake buys a bottle of Italian wine.
Answer:
a. consumption
b. export
c. Investment
d. Government spending
e. consumption, import
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
When exports exceeds import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
Latasha's purchase of the made in US video camera would be added as part of consumption spending by households on durable goods.
Latasha's father's purchase of Vermont syrup would be added as export in US's GDP. Export are goods that are sold to other countries.
government purchases includes all of the government spending.
the computer upgrade would be added a part of investment. Investment includes all of business spending.
Jake imported the wine, so it would be recorded as import and also as part of consumption spending on non durable goods
If the dollar buys fewer bananas in Honduras than in Guatemala, then traders could make a profit by
a. buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Honduras.
b. buying bananas in Honduras and selling them in Guatemala, which would tend to raise the price of bananas in Guatemala.
c. buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Guatemala.
d. buying bananas in Guatemala and selling them in Honduras, which would tend to raise the price of bananas in Honduras.
Answer:
The correct answer is C)
Explanation:
Given that the price for bananas is cheaper in Guatemala, suppliers will be driven to make a quick profit just by buying from the Guatemalan market to sell in the Honduras economy.
This, however, will cause the prices of bananas to rise in Guatemala. Because, according to the basic principles of economics, the higher the demand the higher the price.
Cheers!
As the price level falls a. people will want to hold more money, so the interest rate rises. b. people will want to hold more money, so the interest rate falls. c. people will want to hold less money, so the interest rate falls. d. people will want to hold less money, so the interest rate rises
Answer:
The answer is C.
Explanation:
As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.
As price level falls, value of money decreases because a unit of money will more of goods or services.
During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.
With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.
Strategists should: Select one: a. Understand the nature of principal-agent and principal-principal conflicts to create better governance mechanisms. b. Develop firm-specific capabilities to differentiate on governance dimensions. c. Understand the rules, anticipate changes, and be aware of differences, especially when doing business abroad. d. All of the above.
Answer:
d. All of the above.
Explanation:
A strategist can be defined as any individual who is knowledgeable, intuitive, brilliant, intelligent in planning the best way to achieve aims, goals and overwhelming success in a particular task or area. They are very good at strategizing the best way to gain advantage in real life situations.
Generally, a strategist should be very good at setting goals, identify the best to achieve these goals and using available resources to execute his plans.
Hence, a strategists should:
a. Understand the nature of principal-agent and principal-principal conflicts to create better governance mechanisms.
b. Develop firm-specific capabilities to differentiate on governance dimensions.
c. Understand the rules, anticipate changes, and be aware of differences, especially when doing business abroad.
Also, a strategist should use his knowledge about corporate governance in answering the four (4) fundamental questions in strategy, which are;
- Why are we (organization) here?
- What do we (organization) stand for?
- Where are we heading (mission and vision)?
- How do we get their (goals)?
In ______ cycle theory, fluctuations in both investment and consumption expenditure, driven by fluctuations in the growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
Answer: Monetarist
Explanation:
The monetarist theory is a theory which believes that the changes in the supply of money is the most important factor in the growth of an economy.
In this concept, economic stability can be fostered through targeting the money supply. The theory assume that the fluctuations in both the investment and consumption expenditure, which are s a result of the fluctuations in growth rate of the quantity of money, are the main source of fluctuations in aggregate demand.
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
The question is incomplete:
After the meeting to address how to handle a competitor that the group fears is about to take considerable market share from the company, Terry learns that the competitor is actually laying off workers and is not likely to be the threat they thought it was. Terry decides not to tell the others about this development because the group was very confident in the decisions it made about how to better compete.
-Groupthink
-Mindguard
-Nominal Group Technique
Answer:
-Mindguard
Explanation:
-Groupthink is when a group get to an agreement without considering the consequences of the decision to avoid affecting the balance that the group has reached.
-Mindguard is when a person in the group gives limited information that can cause doubts to maintain the idea the group has.
-Nominal Group Technique is a method in which everyone is encouraged to provide ideas that are evaluated and chosen as a group to get to a quick agreement.
According to this, the answer is that this exemplifies mindguard because Terry is acting as a filter by not providing the information he knows to allow that the decisions that the group made are not affected as he doesn't want to damage the confidence the group has.