Jameson manages a well-known cell phone company. This company has been voted as having the best cell-phone service. Consumers appreciate the fact that they can call from almost anywhere in the world and the service still gets through. Jameson knows that the company's product far surpasses that of the competition. One thing has been bothering him, though. In order to put so many resources into ensuring the best service, Jameson has cut back on employees at the firm's customer call center. Recently, consumers have begun complaining about long wait times when they call in with a problem or concern. Although its cell phone service is still considered one of the best, customer satisfaction with the firm's customer service has plummeted. Jameson does not understand why consumers are getting so upset. He believes the exceptional cell phone service more than makes up for long waiting periods and other issues with its customer service. "After all," he says, "They can't have it all. If I invest more in customer service, that means less investment on ensuring the quality of our product offering."

Refer to Scenario 1.1. Jameson has asked you, a marketing consultant, to give him advice. He cannot understand how a cell-phone company with the best product offering in the cell-phone service industry could get such low satisfaction ratings simply because the customer service is not up to par. You suggest that Jameson has a narrowly defined view of the company's product offering. You tell Jameson that successful marketers should define their products as what they ___________________.

Answer: (A) Courage

Explanation:

 Courage is the term which refers to the ability or the good quality of the individual person where they have courage stand up against the negative risks or the impacts.

The main benefit of the courage is that it helps in developing the confidence and also refers to the bravery as it is highly admired value.

According to the given question, the courage is the one of the qualities of the good follower that the Svetlana is trying to displaying in the above given scenario.

 Therefore, Option (A) is correct answer.

Svetlana is displaying the quality of courage by openly addressing the team's productivity issues and defending the quality of their work, which demonstrates her ability to convey honest feedback and challenge difficult situations.

In the given scenario, where Svetlana speaks up during a team meeting to explain that the current project has been particularly taxing but the team has not compromised on quality, Svetlana is displaying the quality of courage. This is evident from her willingness to speak up in defense of her team's effort and dedication despite the manager's criticism, illustrating her ability to confront challenging situations and stand up for her beliefs.

Courage is a key quality of a good follower, as it encompasses the ability to express one's convictions, provide honest feedback, and address concerns directly with superiors. It also involves embracing responsibility for both successes and mistakes. By voicing her perspective, Svetlana showcases this attribute and contributes to a healthy team dynamic where open communication is valued.

The qualities of a good follower such as commitment, competence, self-management, and particularly courage, are critical for maintaining a productive team environment and ensuring that individual members feel empowered to contribute meaningfully.

Answer:

The answer is B

Explanation:

Top-down management or leadership which happen or occurs when the goals, objectives, tasks and projects are determined or evaluated among the firm or the company senior leaders, generally independently of their teams.

So, in this case, top executive working with the managers in order to develop or create their own goals. This approach is known as the top down leadership.And under this the tasks, projects are then communicated to the teams.

Answer:

The company's long-term debt is $1,056.

Explanation:

Total assets

= inventory + net fixed assets + accounts receivable + cash

= $1,329 + $4,764 + $622 + $270

= $6985

Long term Debt = Total Assets - Equity - A/c Payable

                           = $6985 - $5,359 - $570

                           = $1,056

Therefore, The company's long-term debt is $1,056.

The company's long-term debt is calculated by subtracting the sum of equity and short-term liabilities from the total assets. It's $1,056 in this case.

To calculate the company's long-term debt, we can use the balance sheet identity, which indicates that the company's assets equal its liabilities plus shareholder's equity. Mathematically, it is expressed as Assets = Liabilities + Equity. Here, the Assets are the total of Inventory ($1,329), Net Fixed assets ($4,764), Accounts Receivable ($622), and Cash ($270), which adds up to $6,985. The Equity is given directly as $5,359. The company's Liabilities will then be the difference between the Assets and the Equity, which in this case is $6,985 - $5,359 = $1,626.

However, this Liability amount includes both short-term and long-term liabilities. The company's Accounts Payable of $570 counts as a short-term liability. Subtracting this from the total Liabilities gives us the Long-Term Debt. Hence, Long-Term Debt will be $1,626 - $570 = $1,056.

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Answer:

Perpendicular bisector

Explanation:

Any point on the perpendicular inspector of a segment would be equidistant from the end points of the segment that is the zoo and amusement park are on the end points.

Based on the information given, the stand should be located at a perpendicular bisector.

Perpendicular bisector simply means a line that is perpendicular to a segment which passes through the midpoint of that particular segment.

In this case, the point on the perpendicular bisecector of a segment would be equidistant from the end points of the segment and therefore be located equidistant from the entrances of a zoo and an amusement park.  

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Answer:

c) 15 points on the history exam

Explanation:

The computation of the opportunity cost is shown below:

= Third possibility in history - first possibility in history

= 91 - 76

= 15 points

Simply we deduct the first possibility in history from the Third possibility in history in order to find out the opportunity cost.

Hence, the most appropriate option is c.

Note: The table is given below the question

The opportunity cost of scoring 94 in economics instead of 77 is 17 points on the history exam. So, option (d) is correct.

To calculate the opportunity cost of scoring a 94 on the economics exam rather than a 77, we need to compare the difference in economics scores to the difference in history scores for the same amount of time spent studying.

Opportunity Cost = Difference in Economics Score / Difference in History Score

Difference in Economics Score = 94 - 77 = 17

Difference in History Score (for 1 hour of study) = 89 - 72 = 17

Now, calculate the opportunity cost:

Opportunity Cost = 17 / 17 = 1

So, the opportunity cost of scoring a 94 on the economics exam rather than a 77 is 1. This means that for each additional point the student scores in economics by studying instead of history, they give up 1 point on the history exam.

The correct answer is:

(d) 17 points on the history exam.

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Answer:

C. Study the choices people make

Explanation:

Economics is the study of choices people make to satisfy unlimited wants from limited resources having alternative uses.

A, B, E are inapt because - Economics is not only about businesses but also about consumers & other economic agents, Capitalism & Socialism are two types of Economies, Wealth Accumulation is a primitive & narrow definition of Economics.

D. is inapt because - Wants are unlimited & resources limited (opposed to vice versa given).

Economics is chiefly concerned with studying the choices people, businesses, and governments make in allocating resources to meet their needs and wants.

The basic concern of economics is to study the choices people make (Option C). Economics is a social science that examines how individuals, businesses, and governments make choices on allocating resources to satisfy their wants and needs. This discipline also studies how these groups should organize and coordinate efforts to achieve maximum output. Unlike options A or B, the main focus of economics isn't just about businesses avoiding losses or proving a certain economic system being better. It is more about understanding the decision-making process and how it affects the production, distribution, and consumption of goods and services.

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Answer:

$28,000

Explanation:

Cash balance at the end of the period = beginning cash + cash receipts - cash outflow

$4000 = $3000 + cash receipts - $27,000

Cash receipts = $28,000

I hope my answer helps you

Answer:

False (B)

Explanation:

Long-term borrowing & repaying cash from lenders

Long-term borrowing will be classified under financing activities as it represents capital sourced from loan investors (e.g Bondholders,Banks e.t.c). As for repaying cash from lenders, capital repayment will be classified under financing activities while interest is recognized either under operating or financing activity.

Cash investments by or dividends paid to stockholders.

Cash investment by stockholders will be categorized under financing activities while dividend paid can either be categorized as operating or financing activity.

Answer:

The correct answer is the option C: For markets to work, people must be free to pursue their self-interest.

Explanation:

To begin with, Adam Smith was a Scottish economist, philosopher and author known as ''The Father os Economics'' and whose works established the basics of today's economics.

To continue, in Smith's most known classic work, ''An Inquiry into the Nature and Causes of the Wealth of Nations'', he established the concept called the ''invisible hand'' that states that in order to the economy to work properly, the people must be free to pursue their self-interest products without no restrictions from the government.

According to Adam Smith, for markets to function properly, individuals must be free to pursue their self-interest. He argued that this self-interest, in conjunction with free trade and the absence of unnecessary restrictions, leads to efficiently functioning markets.

According to Adam Smith, the father of modern economics, option C is the correct answer. For markets to work, Smith argued, people must be free to pursue their self-interest. He believed that when individuals act in their own self-interest, they indirectly promote the good of society. Moreover, Smith proposed that this self-interest, combined with a system of free trade, will lead to a well-balanced, functional market. He stated this principle in his book, 'The Wealth of Nations'. Entire economies, as per him, run efficiently when each person is allowed to do what they do best, uninhibited by unnecessary rules or restrictions.

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Explanation:

Paper money also called fiat currency is usually not backed up with a physical commodity because it is regulated by the central bank.

It effect the Government creates money supply just by signing out the directives through liquidation. The government thus maintains the value by making it the standard for debt repayment.

For example, the US dollars which is a paper or fiat currency would have no value if was not made a means of payment the Government.

Answer:

If Angela decides to reduce her consumption of dark chocolate, then the quantity that she demands of dark chocolate will be reduced, shifting her dark chocolate curve to the left.  

Since Angela decided to increase her consumption of white chocolate, then the quantity that she demands of white chocolate will be increased, shifting her white chocolate curve to the right.

Since Angela's demand curve for dark chocolate shifts to the left, and only Vanessa and her consumed dark chocolate, then the total demand curve for dark chocolate will shift to the left.

Final answer:

When Angela cuts back on dark chocolate and enjoys white chocolate more, she may experience a change in her taste preference and enjoyment of chocolate.

Explanation:

When Angela decides to cut back on dark chocolate and enjoy white chocolate more, the result is that she may experience a change in her taste preference and enjoyment of chocolate. Dark chocolate has a bitter taste due to its high cocoa content, while white chocolate is sweeter because it contains more sugar and lower cocoa content.

By reducing her consumption of bitter dark chocolate and increasing her consumption of sweeter white chocolate, Angela may find that she enjoys chocolate more and experience a positive change in her overall chocolate-eating experience.

Answer:

Option C is correct. ($60000)

Feld's adjusted basis for the Maki stock= $60,000

Explanation:

Option C is correct. ($60000)

On contribution of parcel of land, Feld would not receive any additional stock in the corporation rather it will increase the adjusted basis of shareholder (Feld) not by the fair market value but by the basis for the land contributed. So, Feld is going to have no gain in this case.

Feld pays $50000 for Maki's stock

Feld's basis for the land was $10,000

Feld's adjusted basis for the Maki stock= Amount paid for Maki stock + Basis for land

Feld's adjusted basis for the Maki stock= $50000+$10000

Feld's adjusted basis for the Maki stock= $60,000

Answer:

production.

Explanation:

Based on this model, households earn income when firms purchase  resources from them. Households own labor (individuals' work) and capital (savings and investments) resources.

Firms earn income when households purchase goods and services from them.

Final answer:

The circular flow model depicts the interaction between households and firms in an economy, representing both the exchange of goods and services and factors of production, as well as the monetary transactions for these exchanges.

Explanation:

The circular flow model of the economy illustrates how households and firms interact through various markets, using a diagrammatic representation. The inner arrows describe the flow of goods and services from firms to households and the flow of factors of production, such as labor, from households to firms. Conversely, the outer arrows denote the monetary flows: payments from households to firms in exchange for goods and services, and payments from firms to households for the use of factors of production. This model simplifies real-world complexity by focusing on the private domestic economy and does not account for the government or foreign sectors. It highlights the dual role of households and firms, where households are consumers of goods and suppliers of factors, and firms are producers of goods and consumers of factors.

Answer:

The answer to this question is A: disciplinary action without punishment

Explanation:

In every organisation there are set rules and regulations that must be followed by all the employees and even the managements themselves. However when this rules and regulations are broken there is bound to be punishment of disciplinary measures must be taken.

There are various disciplinary measures: these include  oral warning, written communication, suspension, etc. all these might gain short term compliance but not the long term cooperation that the employers wants. Therefore the use of disciplinary actions without punishment or non - punitive discipline  is advised to be used in other to get full cooperation of the employees and acceptance of the rules.

Disciplinary actions without punishment usually involves the employer having to first give an oral warning to the employee and then if the problem persist give a written form of warning stating why the employee should desist from such act. However, if these two steps yield no result the employer should give the employee a day or two days leave with pay and encourage such employee to reflect on such attitude and ensure that such is not repeated.

The benefit of this type of type of disciplinary action is that

Answer:

The correct answer is B

Explanation:

Organizational decline happen or occur when the companies or the firms does not anticipate, acknowledge, adapt the external or the internal pressures or neutralize, which threaten the survival of the company or firm.

And in the stage of the faulty action, it arises because of the increasing costs and the decreasing profits and the market share. The management states the plans of the belt tightening, which is established or designed in order to cut the costs, restore the profits and to increase the efficiency.

The stage of crisis, where the dissolution or the bankruptcy is likely to happen unless the firm completely acknowledge the way it does the business. But the companies lack the resources required to fully change how they should run their business.

In the faulty action stage, management makes plans to improve efficiency and profits, while in the crisis stage, the organization must completely reorganize to avoid bankruptcy or dissolution.

In the context of the stages of organizational decline, the difference between the faulty action stage and the crisis stage is significant. In the faulty action stage, management typically announces plans to tighten the belt in hopes of cutting costs, increasing efficiency, and restoring profits. In contrast, during the crisis stage, the organization faces imminent bankruptcy or dissolution unless there is a complete reorganization of the way business is conducted.

Answer:

D) $7,000

Explanation:

The following contribution limits are valid for the 2019 and 2020 tax periods:

If the taxpayer is over 50 years old and is not actively participating in an employer sponsored retirement plan, he/she can make a $7,000 tax deductible contribution per year to an IRA. This amount is the same regardless of the taxpayer's adjusted gross income.

If the taxpayer is under 50, the maximum tax deductible contribution is $6,000 per year.

Your firm has decided to localize its products and services to meet local market demands. A good approach to use would be geographic segmentation.

Explanation:

Geographic segmentation is a shared technique if you help customers in a specific area or if a broad intended audience has different values based on its location.

Potential customers are groups by nation, state, region, city or even neighborhood.

For example, swimwear labels for warm areas with beaches and likewise, raincoats for areas with heavy snow, etc. are part of this form of segmentation of regional markets

Answer:

An advisory board

Explanation:

An advisory board is an entity which provides non-binding strategic advice to a company, organization, or foundation management. The informal existence of an advisory board allows the board of directors greater flexibility in structure and management compared to that.

Answer:

$1,470,000

Explanation:

As we know that

Cost of goods sold = Opening inventory + Purchase - ending inventory

where,

Opening inventory would be

= $495,000 - $170,000

= $325,000

So, the purchase would be

$1,300,000 = $325,000 + Purchase - $495,000

$1,300,000 = -$170,000 + Purchase

So, the purchase would be

= $1,300,000 + $170,000

= $1,470,000

This is the answer but the same is not provided in the given options

Answer:

(D) due to the economy’s continued strength, analysts have been predicting for weeks that the target  

Explanation:

The most suitable insertion to make the report more presentable is option 'd'

Since February, the Federal Reserve has raised its short-term interest rate target five times, and Since February, the Federal Reserve has raised its short-term interest rate target five times, and due to the economy’s continued strength, analysts have been predicting for weeks that the target will be raised again in November.  

Answer: $1,500

Explanation:

Profit = Total revenue- total cost

= $16,500 - $15,000 = $1,500

I hope my answer helps you

Answer:

Following is the order from first to last

Explanation:

Progression of a properly function loanable funds is a step by step procedure if one step fails the functions of loanable funds cannot proceed further.

The first step is Borrowing requires saving

The second step is investment requires borrowing

The last step is output (GDP) requires investment

The first is borrowing followed by investment and the output GDP.

Answer:

Explanation:

Therefore, the above answer is correct according to his management skills.

Answer:

Time Warner

Explanation:

Based on the information provided within the question it can be said that the company that raised this question was Time Warner. Which was formed in 1990 when it merged it's two companies ( Time Inc. and Warner communications) together and became formally known as Warner Media LLC located in New York City.

Answer:

2. acculturation

Explanation:

Acculturation -

It is process where the cultural , psychological and social changes are balanced between any two cultures , which adapting the prevailing  one in the society , in  referred to as acculturation.

In this method , the people adapts to a particular new culture of the society.

In order to learn and adapt and live along with the society .

The people actively tries to adapt to the new prevailing culture by increasing participation.

Hence , from the given information of the question,

The correct term is acculturation.

Answer:

True

Explanation:

Unethical behavior at workplace are behavior that violate the rules and law of company intentionaly or unintentionaly. It also considered as morally incorrect or immoral. These behavior will affect the company´s credibility.

There are several reason of unethical behavior at workplace.

It is important for management to check the unethical behavior of employee and guide them in a right direction.

Answer:

$257,500

Explanation:

For computing the amount of the credit to paid in capital in excess of par for preferred stock , we have to pass the journal entry which is shown below:

Bonds payable A/c Dr $500,000

Premium on bonds payable A/c Dr $7,500

             To Preferred stock A/c $250,000

             To Paid in capital in excess of par - preferred stock A/c $257,500

(Being the conversion of bonds is recorded)

The computation is shown below:

For Common stock:

= $500,000 ÷ $1,000 × 5 shares  × $100

= $250,000

And, the remaining balance is credited to paid in capital in excess of par

Answer:

c. sudden massive hemorrhage

Explanation:

Based on the information provided within the question it can be said that the main evidence of a stress ulcer is sudden massive hemorrhage. This is mainly due to the fact that stress ulcers are asymptomatic, meaning that they do not show any signs or symptoms until they produce massive hematemesis and rectal bleeding.

Answer:

E. with points on the production possibilities frontier.

Explanation:

An economy is said to be effective if it employs all the available resources adequately well, not under-employing or even over-employing them. Over-employment is shown by points that lie outside the production possibility frontier. Underemployment on the other hand, is shown by points falling inside the production frontier. Therefore, the economic efficiency is shown with points on the production possibilities frontier. The correct answer is E.

Economic efficiency is shown with points on the production possibilities frontier. These points represent an optimized utilization of resources and maximum production capacity in a purely hypothetical and perfectly efficient economy.

Economic efficiency is portrayed through points on the production possibilities frontier (PPF). The PPF represents a hypothetical situation where an economy operates completely efficiently, producing goods and services to its utmost capacity. The points on the frontier demonstrate that resources are optimized and that the production capacity is at its maximum. It is the ideal economic efficiency state. Consequently, the correct answer to your question is E. with points on the production possibilities frontier.

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Answer:

TRUE

Explanation:

In an increasingly interdependent and incorporated global economy, merchandising globalization is a complementary term combining the promotion and sale of goods and services.

It renders stateless, wall-less businesses an essential marketing and cultural tool with the internet.