Answer:
C) many times in the past several decades, firms may have chosen between a production method in the United States that uses fewer workers and more machines and a production method in China that uses more workers and fewer machines.
Explanation:
American manufacturing jobs have been constantly decreasing for a little more than two decades now. Most people like to blame China and other countries for that decline, since they state that american production moved overseas. That statement is only partially true, but for the most part is false. The vast majority of American manufacturing jobs have been lost to automation.
Apple used to build computers in California, and it started assembling them again a few years ago, but the factories were completely automated. Some jobs are created, specially those related to maintenance and programming, but they aren't very many. Most large factories use more robots and less humans, and the tendency will only increase in favor of the robots in the future.
In a university setting, each student is paired with another student for the purpose of getting assignments and turning in work for the other if he is out of school for any reason. This is a _____ relationship. Group of answer choices one-to-one binary one-to-many binary many-to-many binary one-to-one unary one-to-many unary
Answer:
one-to-one Unary
Explanation:
It is one-to-one binary relationship because one student is grouped with one student only. Unary because they have the same relationship in the university and share the same class and learning procedures.
In binary relationships there are various entities for example in this situation if the university or colleges were different then it would have been binary .
In the given question only one student is teamed up with one student therefore it is one to one not one to many.
__________are outflows or other using up of assets or incurrences of liabilities during a period from delivering or producing goods, rendering services or other activities that constitute the entity’s ongoing major or central operations.
Answer:
Expenses
Explanation:
An expense is the cost of an asset used in order to generate revenue, therefore, to create sales (the central operation of a company). This cost is not a monetary measure because an expense is when an asset is used up.
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Your friend hopes to expand her business to multiple locations. It would be best for her to create a1. limited liability company.2. sole proprietorship.3. corporation.4. partnership.
Answer:
3. Corporation
Explanation:
In a corporation form of business, the corporation is viewed as a separate legal entity and a corporation can have many divisions and branches which means it's geographical reach is better than any other forms of business such as proprietorship or partnership.
A Corporation also has better access to raising funds and it's capital is divided into stocks.
Apart from above, the taxation process for a corporation also differs from other forms
Thus, for someone who desires to expand business and reach out to more customers spread over different geographical locations, corporation form of business is recommended.
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewards or outcomes of that action is called a(n) _________.
Answer:
The correct answer to the following question will be "Cost-benefit analysis".
Explanation:
The cost-benefit analysis also referred to as Benefit-cost analysis, is a strategic approach to evaluating the weaknesses and strengths of approaches used only to define solutions that provide the best strategy for generating advantages while retaining costs.
This can be used to assess implemented or future actions or to measure the benefit of decision, initiative or program costs.
Therefore, this will be the right answer.
A decision-making process that compares how much time and effort would be invested in providing assistance to the perceived rewards or outcomes of that action is called a cost-benefit analysis.
A decision-making process is known to be different kind of steps taken by an individual to know the best option or course of action to meet their needs.
People often seek information about different possible decisions and their likely effect. they study the alternatives and choose one of them and thereafter implement the decision in business operations.
A cost-benefit analysis is known to be a systematic method that businesses use to look into which decisions to make and which to forgo.
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The weighting of the factors that search engines use to decide which URLs appear first on searches for a particular search term is called data indexing.A. TrueB. False
Answer:
False
Explanation:
Data indexing involves storing data in such a way that it can be easily retrieved when needed.
When a search engine indexes and stores data, such data is then made available on a search engine results page when a user searches for a particular term on the search engine.
However, data indexing does NOT rank how URLs appear on user searches.
Tom is an advertising executive at a car company. Before beginning work on a video advertising campaign for a new economy car, he creates key performance indicators for the campaign. What's Tom defining?
A) Marketing objectivesB) Media objectivesC) Business objectivesD) Campaign metrics
Answer: Media Objectives.
Explanation:
Media objectives are the goals set ahead of a business media outreach where, the amount of consumers to be reached and the expected reaction of the consumers to media adverts are determined beforehand. Tom's performance indicators for his firm's media campaign, are part of the media objectives he seeks to achieve.
Honda Motor Company is considering offering a $ 2 comma 000 rebate on its minivan, lowering the vehicle's price from $ 30 comma 000 to $ 28 comma 000. The marketing group estimates that this rebate will increase sales over the next year from 40 comma 000 to 55 comma 000 vehicles. Suppose Honda's profit margin with the rebate is $ 6 comma 000 per vehicle. If the change in sales is the only consequence of this decision, what are its costs and benefits? Is it a good idea? Hint: View this question in terms of incremental profits.
Answer:
It is a good idea
Explanation:
Without the rebate, the annual revenue to the company given a price of $30,000 and a volume of 40,000 vehicles
= 30,000 * 40,000 = $1,2 billion.
However, with the rebate, total annual revenue given a price of $28,000 and a volume of 55,000 vehicles, would be
= $28,000 * 55,000 = $1.54 billion.
Thus, the rebate results in a $340 million increase in revenue, and it is therefore a good idea.
The likely costs of the rebate may be a necessary increase in man hours and the attendance increase in labour cost as more workers are needed to produce the increased volume. Other direct costs of production may increase too.
The likely benefit, apart from the increase revenue identified above, is the likely increase in market share for the company.
last year Nowitzki inc. entered into an agreement with Duncan partners, an investment bank. At the time of issue, Duncan Partners has agreed to purchase all offered shares from Nowitzki and then try to sell all shares in the primary market. what kind of arrangement is this an
underwritten agreement
or
a best efforts arrangement
A production possibilities curve shows:
A. that resources are unlimited.
B. that people prefer one of the goods more than the other.
C. the maximum amounts of two goods that can be produced assuming the full use of available resources.
D. combinations of capital and labor necessary to produce specific levels of output.
Answer:
C. the maximum amounts of two goods that can be produced assuming the full use of available resources.
Explanation:
Marketing by a service firm to effectively train and motivate its customer-contact employees and all the supporting service people to work as a team to provide customer satisfaction is called ___________________ marketing.
Answer:
Internal
Explanation:
As the name implies, internal marketing is one in which a service firm trains employees in a product's company and its customers' contact to ensure maximum customer satisfaction. Internal marketing means that every member of staff is involved in marketing and not just the marketing department of the firm.
Cheers.
Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and establishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost. A. True B. False
Answer:
True
Explanation:
The statement is correct that Incentive Contracts (both Cost & Fixed Price Types) provide a method for adjusting the contractor's profit or fee, and establishing the final contract price by using a formula based on the relationship of final negotiated total cost to total target cost because in project management a contract is said to be incentive based when the owner has promised to make additional compensation to the contract price if in the course of the contractor's execution, events trigger a higher compensation; which could be as a result of cost, delay in time schedule, increased quality, and higher safety standards than those originally prescribed in the contract terms and conditions.
In an analysis of the market for paint, an economist discovers the facts listed below. State whether each of these changes will affect supply or demand, and in what direction. a. There have recently been some important cost-saving inventions in the technology for making paint. b. Paint is lasting longer, so that property owners need not repaint as often. c. Because of severe hailstorms, many people need to repaint now. d. The hailstorms damaged several factories that make paint, forcing them to close down for several months.
Answer:
A) Rightward shift of the supply curve. When a company is able to produce its goods at a lower cost, the whole supply curve sill shift to the right. This can be accomplished through a new technology or a decrease in the price of inputs.
B) On the short run, the quantity demanded of paint will increase, since a better product usually means higher demand, so the demand curve will shift to the right. But on the long run, the quantity demanded for the product will decrease since the customers will not need to paint their houses as often as before, shifting the demand curve to the left.
C) This will shift the demand curve to the right, increasing the quantity demanded at every price level.
D) This will definitely reduce the quantity supplied and shift the supply curve to the left. It has a similar effect to a cost increase. This shift will last until the factories start producing again.
Which of the following terms describes making false statements about the financial condition of any insurer that are intended to injure any person engaged in the business of insurance?
Answer:
The answer to this question is Defamation
Explanation:
Defamation refers to any statement (Whether written or verbal) that is untrue and injurious to any of the parties involved in the insurance business.
A statement is said to be a Defamatory statement if it is false especially regarding the financial condition of the insurer.
Identifying defamatory statement
Statements must be untrue it must be capable of causing damage of injury to person or business.A client with a hip fracture is returning to the orthopedic unit, and the orders indicate that the client should be turned by logrolling. Which statement regarding logrolling is correct?
Answer:Use a draw sheet or a friction reducing sheet to facilitate smooth movement
Explanation: LOGROLLING is a term used in the field of Medical surgery,where a patient who has a fracture and has the fracture,it is used to ensure that the patient does not feel a lot of discomfort or further pains or injuries when you want to move the patient. This process usually involves two or more persons for it to be very effective. During the LOGROLLING process the patient is moved with support given by the persons available holding the person's head to Prevent movements and the arms by the side or crossed to prevent movement till the desired position is reached,during this process a draw sheet or friction reducing sheet can be beneficial.
What company has always promptly removed any content at the request of corporate copyright owners, but it has also pursued extensive revenue-sharing projects with those same companies.
Answer:
Youtuuube, or Alphabet to be more precise.
Explanation:
Youtuuube is constantly under fire for copyright infringement, you can find movies, TV series, sitcoms, cartoons, music, etc., on Youtuuube, but if the copyright holder requests that the content is removed, they will do it fast. On the other hand, Youtuuube is not necessarily a business partner for many copyright holders, but they cannot live without it.
Remember how powerful Howard Stern was on New York's radios, and how the singers or groups had to comply with his extravagant demands in order to included in his show? Youtuuube would be somewhat of a polite and well educated Howard Stern. Studios and record companies do not like Youtuuube, but they cannot survive without it either.
Andy keeps his savings in a money market mutual fund, Been keeps his invested in U.S. savings bonds, and Charlie keeps his in a bank. Who is using direct finance?a. -andyb. =benc. -charlied. -all three
Answer:
B, Ben
Explanation:
Direct finance is a financing method in which a borrower borrows money directly from the financial market. This means that direct financing mainly does not involve any intermediary. There are some situations where a third party/intermediary involvement still counts for direct finance. but mainly, direct finance does not involve a third party. From the question, Ben is dealing directly with US saving bonds with is a part of the financial market is using direct finance. Banks, agents, etc are all intermediaries as they also contact the financial market to be able to sell securities or anything to the customer.
Cheers.
Andrew is the prom committee chairman. He is on-site at the prom to make sure all vendors show up at the event and all vendors' activities are falling within the scope of work contracted. Which process stage is Andrew in?
a .Initiating
b. executing
c. monitoring and controlling
d. closing
Answer: The correct answer is "b. executing".
Explanation: Andrew is in the "executing" proccess stage.
In the execution phase Andrew must ensure that all the services contracted for the development of the activities fulfill their function and have the quality required to meet the needs and meet the contracted level.
Alpha Manufacturing has interest expense of $12 million, total assets of $184 million, sales of $176 million, long-term debt of $16.4 million, and net income of $15 million. How will interest expense be recorded in the common-size income statement?
Answer:
0.068
Explanation:
Common size income statement in which we divide all the items with it's revenue. So, interest is $12 M, and sales is $176 M.
Dividing 12/176= 0.068
That means the interest is 6.8% of revenue. Common size is used for comparison purpose. If let's say in next year interest become 15% of revenue then company would know that it's using more debt. It's also used for comparing with competitors.
If a city government spends a good deal of money on crime prevention and also on infrastructure maintenance, then spending even more money on crime prevention should result in ______.a. significant gains in infrastructure maintenance. b. relatively small gains in crime prevention. c. significant gains in crime prevention.
Answer:
B. Relatively small gains in crime prevention
Explanation:
b. relatively small gains in crime prevention
Because city government is already spending a good deal of money increasing the amount will have a relatively small effect on crime prevention. Rather it would be wise to spend optimally allocating sufficient amount to both infrastructure and crime prevention.
A vacant lot acquired for $333,000 is sold for $642,500 in cash. What is the effect of the sale on the total amount of the seller's (1) assets, (2) liabilities, and (3) stockholders' equity?
Answer:
assets = $309500
liabilities = 0
stockholders' equity =$309500
Explanation:
given data
acquired for = $333,000
sold = $642,500
solution
we get here effect of the sale on the total amount
when assets is decrease then cash and retaining will increase
so here
(1) assets effect is increase than amount will be $642,500
- $333,000 = $309500
(2) liabilities is no change so amount = 0
(3) stockholders' equity is increase than amount will be $642,500
- $333,000 = $309500
Managers take broad strategic plans and turn them into operational blueprints with specific objectives and programs. The managers most involved with this activity are _________.a. top managersb. supervisorsc. middle managers
Answer:
c. middle managers
Explanation:
Middle managers -
The person in the business or organisation , who is responsible to manage the subordinate level of managers and then further reports to the manager in the organization or business , is referred to as the middle manager.
The work of a middle manager is supervise the employees , and allot them the work in and then report to the senior manager , in order to maintain a proper hierarchy in the business.
hence , from the given information of the question,
The correct term is middle manager.
Middle managers are the ones most involved in converting strategic plans into operational blueprints with specific objectives. They operate as a bridge between top-level management and supervisors, converting strategy into actionable tasks.
Explanation:Managers are indeed responsible for taking strategic plans and turning them into operational blueprints with specific objectives. The managers most involved in this particular process are middle managers.
Middle managers are essentially the bridge between top-level strategic thinkers and supervisors who ensure the day-to-day operations are carried out effectively. Their goal is to align the team's efforts with overall strategic objectives, thus transforming a broad strategy into concrete operational tasks.
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As secretary of state, Hillary Clinton wanted to change the behavior of nations. Her bid for president of the United States in 2016 was based in part on her desire to lead others.
Answer:
Power
Explanation: Hillary Clinton was the former secretary of State in United States of America, she was born October 24,1947. She is a diplomat,lawyer, politician and wife of the former president Bill Clinton. During her days as the first lady of the United States of America she worked and advocate for the health of the ordinary people through seeking health reforms.in 2006, she wanted to become the president of the United States of America and lead other countries and nations with Power.
Answer:
Motivated by her need for Power
Explanation:
David McClelland made the term "need for power" popular in 1961. Based on Henry Murray's human need, the need for power or nPow describes a person's need or drive to be in charge be it personally or socially. This need then becomes a motivation for the things such persons do.
The need for power could either be a desire to lead or control others either to achieve a greater good in the society or to achieve a personal desire.
Hillary Clinton's wanted to change the behaviour of nations and this could be the desire to lead others for the greater good bu she also had the desire to lead others and that is also a part of the need for power.
ABC Inc. company, founded by three women who met in college, has recruited talented people since its inception. It now employs approximately 350 people. Once a month a meeting is held where anyone can present new ideas to management. Coming out of these meetings, presenters have 30 days to work on a proof of concept or prototype, after which management makes a decision to pursue an idea company-wide or drop it. If an idea is selected, the individual(s) who presented the ideas receive a cash bonus. Based on this information, what kind of company is ABC Inc.?
Final answer:
ABC Inc. is an innovative, progressive company with a culture that encourages and rewards employee contributions and new ideas.
Explanation:
Based on the information provided, ABC Inc. appears to be a progressive and innovative company that values creative thinking and participation from its employees. With a strong focus on collaboration and employee engagement, it adopts a model where new ideas are encouraged and rewarded. The practice of holding monthly meetings for idea pitches, followed by a supportive process for proof of concept development, suggests that ABC Inc. aligns with a modern, employee-centric corporate culture that fosters innovation and may be structured around a flat or matrix organizational model.
Think about a country where most economic production results in loud construction noise that gives people headaches. What would be the trade-off if the bad result (loud construction noise) were reduced?
Answer:
Lower incomes
Explanation:
The nations income is generated from production activities that requires a lot of noise, this means forcing corporations to reduce their noise means stopping some of them from production activities, which will all things being equal reduce national income, therefore the trade-off that will result from stopping the noise pollution will be the income that will be forgone from the production activities.
Reducing the loud construction noise in a country would alleviate discomfort, but it may also decrease productivity and economic growth due to increased construction costs and potential project delays.
Explanation:When considering a country where most economic production results in loud construction noise that gives people headaches, the trade-off if the bad result (loud construction noise) were reduced would be a decrease in productivity and economic growth in the country. While reducing the noise would alleviate the discomfort and headaches for the people, it would also entail implementing measures that could potentially slow down or limit construction activities.
For example, noise reduction measures such as using quieter equipment or implementing soundproofing measures would likely increase construction costs and possibly slow down the pace of construction projects. This could result in delays in completing infrastructure projects, hinder economic growth, and potentially impact job opportunities and the overall development of the country.
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Create a balance sheet for the opening day of your company in the format below. Use your best estimates, but it doesn't have to be exact. Keep the section headings (Assets, Liabilities, and so on), but replace the specific information with your company's information. (4.0 points)
Answer:
See explanation section below
Explanation:
A balance should like the following format (Using hypothetical data)
"XXX" Company < The name of your company
Balance Sheet
As of December 31, 2019 < It should be the opening day of 2020 of your company
Assets
Current Assets
Cash XXXXX
Accounts Receivable XXXX
Supplies XXXX
Inventory XXXX
Prepaid expenses XXX
Accrued revenues XXX
Total current assets (Add cash to accrued revenues to get total current assets)
Non-current assets (Fixed assets)
Tangible assets (Equipment, building, land, and machine)
Less: Accumulated depreciation - tangible assets
Intangible assets (Goodwill and patent)
Less: Impairment
Total Non-current assets (Fixed assets)
Total assets (Add total current assets and non-current assets)
Liabilities and Stockholders' equity
Current liabilities
Accounts payable
Unearned revenue
Bank Overdraft
Accrued expenses
Salaries/wages/interest payable
Total current liabilities
Long-term liabilities (Notes payable, bonds payable)
Total liabilities
Stockholders' equity
Common stock
Retained earnings
Total stockholders' equity
Total Liabilities and Stockholders' equity
This is how we can build up a balance sheet
Graphically illustrate her total, marginal and average product curves as well as her marginal and average variable cost curves. Show where the inflection point lies, where production is maximized and what number of workers corresponds to the highest average and marginal product as well as the lowest average variable and marginal cost.TPL - Total Product LaborMPL - Marginal Product LaborAPL - Average Product LaborFC - Fixed CostVC - Variable CostTC - Total CostAFC - Average Fixed CostAVC - Average Variable CostATC - Average Total CostMC - Marginal Cost
Inflection point at 4 workers, production maximized at 8 workers, highest average product at 2 workers and marginal product at 3 workers, lowest average variable cost at 4 workers and marginal cost at 3 workers.
The total product curve (TP) starts off increasing at an increasing rate, but eventually starts to increase at a decreasing rate. This is because of diminishing marginal returns. The marginal product curve (MP) shows the change in total product as the number of workers increases. The MP curve reaches its peak at 3 workers, which means that this is the point at which adding one more worker will increase total product by the greatest amount. The average product curve (AP) shows the average output per worker. The AP curve reaches its peak at 2 workers, which means that this is the point at which the average worker is most productive.
The marginal cost curve (MC) shows the change in total cost as the number of workers increases. The MC curve intersects the average variable cost curve (AVC) at the minimum point of the AVC curve. This is the point at which the firm is producing at the lowest possible average variable cost.
The inflection point is the point on the TP curve where the curve changes from concave up to concave down. This is the point at which the MP curve crosses the x-axis. In this case, the inflection point is at 4 workers.
Production is maximized at the point where the MP curve is equal to zero. In this case, production is maximized at 8 workers.
The highest average product is achieved at 2 workers. The highest marginal product is achieved at 3 workers. The lowest average variable cost is achieved at 4 workers. The lowest marginal cost is achieved at 3 workers.
Complete question :-
Graphically illustrate her total, marginal and average product curves as well as her marginal and average variable cost curves. Show where the inflection point lies, where production is maximized and what number of workers corresponds to the highest average and marginal product as well as the lowest average variable and marginal cost.TPL - Total Product LaborMPL - Marginal Product LaborAPL - Average Product LaborFC - Fixed CostVC - Variable CostTC - Total CostAFC - Average Fixed CostAVC - Average Variable CostATC - Average Total CostMC - Marginal Cost
Which statement best describes why it is difficult to sell a home during a recession?
a.) Mortgage rates are high.
b.) Demand greatly decreases.
c.)Mortgages become unavailable.
d.) Housing prices increase.
Answer:
Option b: Demand greatly decreases.
Explanation:
Due to the economic decline, trade and industrial activities suffer significantly. Consequently, people gets afraid to make big investments until the situation stabilizes. Hence, buyers only agree to buying houses if they are getting a very good price quote. In other words, unless the seller reduces the selling price by a significant margin, people are not willing to make the purchase, therefore the demand decreases.
In the circular flow model _______.
a. goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.
b. resource markets provide for the goods and services and product markets provide for the exchange of exchange of labor.
c. labor markets provide for the transfer of money and goods markets provide for the transfer of inputs.
d. resource markets provide for the exchange of labor and product markets provide for the exchange of goods and services.
Answer:
In the circular flow model, goods markets provide for the transfer of money and labor markets provide for the transfer of inputs.
Explanation:
The liquidity of money in goods markets is kept unhindered by the flow of goods, as a result of which, the transfer of money keeps happening. On the other hand, the labor markets function as the source of necessary input that is required for the business to keep running. When both these markets work in synchronous, there is a circular flow of entities within the market.__________ conflict management norms resolve conflict openly, whereas __________ conflict management norms tend to avoid addressing conflict
Answer:
_active_conflict management norms resolve conflict openly, whereas _passive_ conflict management norms tend to avoid addressing conflict
The figures below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli.
A) Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.
B) Bo has a comparative advantage in the production of stromboli because her opportunity cost is higher.
C) Bo has a comparative advantage in the production of pizzas because her opportunity cost is lower.
D) Bo has a comparative advantage in the production of pizzas because her opportunity cost is higher.
E) Bo has a comparative advantage in the production of both pizzas and stromboli.
QUESTION:
The table below depict the production possibilities frontiers (PPFs) for two people who can allocate the same amount of time between making pizzas and making stromboli. Refer to this table to answer questions 3-4.
Bo Kenzi
Pizza Stromboli Pizza Stromboli
25 50 40 20
Answer: A - Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.
Explanation:Production possibilities frontiers (PPFs) indicates the maximum output combinations of two goods or services an economy can achieve by fully using all available resources efficiently.
This means that, if more of product A is produced, less of product B can be produced given that the resources and production technology remain constant.
Looking at the question above, Bo has a competitive advantage as Bo produces more of both pizza and stromboli than kenzi.
Answer:
A) Bo has a comparative advantage in the production of stromboli because her opportunity cost is lower.