Answer:
The answer is C.a struggling economy because wages cannot keep up with the increase in prices.
Explanation:
Inflation must be there in an economy. Otherwise the producers and the sellers may lack Ince times for the production.yet only when the inflation is below 5% we consider it as a good level.
But when the inflation rate rises, the most difficult part is to keep up the wage rates in line with it. This is mainly lyrics because when the inflation is high, the purchasing power of the currency falls significantly.
Tom Brown decided to purchase a new bike on installment loan the bike was $300 he agreed to pay $30 a month for 12 months what is the financial charge in dollars
Answer:
$60
Explanation:
A financial charge is the cost of credit. It refers to the fee that one pays for using some credit facility. A financial charge, therefore, is the interest paid on credit granted to a borrower.
In this case: Cost of the Bike was $300
Tom agreed to pay $30 per month for 12 months on installment payment.
The total amount paid:
= $30 x 12
=$360
Original pride of the bike was $300; the financial charge will be
=$360- $300
=$60
How are information systems transforming global business, and why are they so essential for running and managing a business today?
Information systems allow for greater connectivity for global businesses.
Explanation:
Global economy has coincided with easier communication worldwide. Telephone lines in the 20th century made sure that global businesses could run fast.
Now with AI and Internet it is even more easy and the businesses have taken a digital instead of a traditional physical form.
The businesses generally deal worldwide for smooth services and low cost and different parts of the world specialize in specific niches that they deliver. As such info systems are very essential for the system.
citations are used primarily to
Answer:
a quotation from or reference to a book, paper, or author, especially in a scholarly work
Explanation:
Answer: give credit to author of the source.
Explanation:
Defining Work
Practice Active
While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's
assistant. This part-time work is an example of
a a career
b. telecommuting
c. a job
d. outsourcing
Please select the best answer from the choices provided
Answer:
Defining Work Practice Active While Rosa is taking classes at the local community college to earn her degree in landscaping, she works part-time as a florist's assistant. This part-time work is an example of a job
Explanation:
A part-time work taken by Rosa while in school is more or less like a job rather than a career as it is not in line with her course of study in school.
Understanding Point of View: Why were the Framers of the
Constitution careful to limit the powers of the Federal
Government?
So as to let the states have their autonomy and not cause conflict between them.
Explanation:
USA was a federation of states and not just a single country. By limiting the powers of the Federal government the founders allowed the power to the states to have their own rules and thereby made sure that the country stays united.
More Federal power would have meant that some states would be unhappy and may cause tensions to the integrity of the country. The autonomy untied the states as they could manage their affairs while having the security of a large country.
Which option best describes decision making?
O A.
It is the process of choosing an option from two or more alternatives.
B.
It is the process of choosing the best solution from various options.
C. It is the process of finding the perfect solution from various alternatives.
OD. It is the process of solving a problem.
Answer:
Probably A It is the process of choosing an option from two or more alternatives.
Explanation:
Decisions aren't always right so not B or C and solving a problem isn't a decision
Answer:
A
Explanation:
Got it right on the test
Complete these sentences to describe categories of budget expenditure items.
A fixed expense is one for which the amount is_____
, and it should be considered _____ other expenses.
A variable expense is one for which the amount is______
and it should be considered_____fixed
expenses.
Discretionary spending is the most _____ budget item and the easiest to change.
other expenses.
fixed
Answer:
Known before
Estimated after
Variable
Explanation:
A fixed expense is an expenditure that does not change, while a variable expense is one that can fluctuate. Discretionary spending is the most flexible budget item and can be easily adjusted.
Explanation:A fixed expense is one for which the amount does not change, and it should be considered above other expenses. For example, rent for a factory or a retail space is a fixed expense because the amount remains the same regardless of production levels.
A variable expense is one for which the amount can change and it should be considered with fixed expenses. An example of a variable expense is the cost of raw materials, which can fluctuate depending on the quantity needed.
Discretionary spending is the most flexible budget item and the easiest to change compared to other expenses. It includes expenses like entertainment, dining out, or vacations, which are not essential and can be adjusted based on available funds.
computers have elastic demand and pharmaceutical have inelastic demand if the supply of both changes then whose price will increase more
Answer:
If the supply of both changes, the computer price will increase more since it has an elastic demand.
Explanation:
Price elasticity of demand can be defined as a measure of how much the demand of a good or service changes with a corresponding change in price. It tries to estimate how much the consumers respond in terms of demand when the price of a good or service changes. The formula for determining the price elasticity of demand is as follows;
E=%D/%P
where;
E=price elasticity of demand
%D=percentage change in the demand which is given as;
%D={(final demand-initial demand)/initial demand}×100
%P=percentage change in price which is given as;
%P={(final price-initial price)/initial price}×100
The measure for the price elasticity of demand is absolute. A good or service can either be elastic or inelastic. A good that is elastic is one whose price elasticity of demand is greater than 1 which means that it's demand is highly responsive to changes in price. On the other hand, a good that is inelastic is one whose price elasticity of demand is less than 1 means that the changes in price do not affect it's demand.
Select the correct answer. Peter has worked at a software company for many years. His company offers only the minimal benefits prescribed by law to its employees. What kind of business is this? A. moral business B. amoral business C. immoral business D. green business
Answer:
Peter has worked at a software company for many years. His company offers only the minimal benefits prescribed by law to its employees. What kind of business is this?
the type of business offered by Peter's company is moral business
Explanation:
Such organization follow due process and work ethics which supports the law of establishment of such organization as well as the welfare of the employees
Answer:
It is a Moral Business.
Explanation:
The morality in Business world refers to how ethical.a company behaves when it comes to their relationship with their employees, stakeholders, investors and the general public.
In this scenario, the company adheres to the minimal benefits the law has prescribed, without trying to avoid them. Practices like this should be admired as there are many corporations that even disregards this minimum standards.
However, it is better if this company do more for their employees as they are the backbone of a service oriented company.
Which responsibility belongs to the marketing function
Answer:
Marketing deals with the existing and the potential market segments of a business essential and are responsible for the product, pricing, placing the product in the market and in the mildest of the consumer and promotion of the product.
Moreover, Markering is responsible for provide the upto date information of the consumers and to identify new trends and opportunities in the market as well.
Explanation:
Tell me about one of your most passionate beliefs and explain how it has an impact on the way you think, behave, attend events, communicate with others, etc.
Answer:
One of my most passionate belief is "Fail Better". This is the belief which I developed since childhood, my family kept on saying this me when I was just 10 years old. Since then, It has been deeply rooted and firmly suited in my mind. It has influenced me from my childhood, I never felt hesitated in taking risks, trying new ideas, things and adventures in my whole life. This has definitely impacted the way I think, behave and communicate with others. This belief was then further been transformed and translated into "Fall seven times, Get up eight". I have followed these rules very strongly in my whole life. I have started many small businesses when I was in college, almost I failed in them but I learnt so many things which none could have taught me.
Type the correct answer in the box. Spell all words correctly. Fabian worked at a computer hardware manufacturing factory. He noticed that the cost of production had increased over the past couple of months, even though the production output was the same. He found that the increase in costs was due to the expense of using up inventory. How can Fabian minimize these costs? Fabian can calculate the to find the optimum amount of inventory required for production, which will help him minimize excess costs.
Answer:
As he has the aability and the resources to find out the optimum requirement of inventory, he must turn toward a lean manufacturing process where the wattage is minimum and try to implement a Just In Time inventory system that uses a minimum inventory level and use parts and inventory as they are needed during the production, without storing them.
However, to do this he must first negotiate with the suppliers and build a strong and sustainable communication channels and see if the suppliers can do this in time as he needs it.
Explanation:
Answer: quantity
~ Plato users
Which type of account do businesses use to record their financial transactions?
A __________account, also called a T-shaped account, is a format in which businesses record their financial transactions.
Answer:
The answer is LEGDER Account.
Explanation:
it is called a T account because it has two sides, Credit side and Debit side. Depending on the type of the account such as Asset, Expenses, Liabilities, Income or Equity, the records are entered. Whether they increase or decrease.
Asset, Expenses when incresed they are debited and decreased theya re credited.
Liabilities, Income or Equity are debited when they decrease and credited when they are increased.
Answer:
Ledger account
Explanation:
This is wher epoeple record their transactions financially
Which of the following is an ethical issue in marketing information
management?
A. How to store customers' information securely
O
B. What to set the price of a product
O
c. Where to set up the business
O
D. Whether to set up an online storefront
How to store customers' information securely is an ethical issue in marketing information management. Thus, option A is correct.
What is marketing information?Marketing information maintenance can be termed as the data fats as well as figures that are being taken and considered in the field as an important factor as this often tells them the preference and buying and selling pattern of the consumer.
A person's right to their privacy is however recognized due to the fact that this area is their own and should not be troubled by or violated by others. The individual chooses with whom they want to share this information.
All the information is a private data of a consumer and this is an ethical issue as they need the data but need to draw a line in this usage of the data. Therefore, option A is the correct option.
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The fundamental ethical concern in marketing information management is the responsible handling of customers' personal information and data privacy.
The ethical issue in marketing information management is:
**A. How to store customers' information securely**
Here's an explanation of why this is an ethical issue:
Customers trust businesses to safeguard their sensitive information, such as names, addresses, contact details, and payment information.
Therefore, it is an ethical imperative for businesses to store this information securely and protect it from unauthorized access, data breaches, or misuse.
Failure to prioritize data security and protect customers' information can lead to severe consequences, including loss of trust, legal liabilities, and damage to a company's reputation.
Ethical principles, such as respect for individuals' privacy and data rights, guide businesses in making responsible decisions regarding how customer information is collected, stored, and used.
The other options mentioned (B, C, and D) are not ethical issues in marketing information management:
- **B. What to set the price of a product:** Pricing decisions are primarily strategic and economic considerations, not ethical issues.
However, price manipulation or price-fixing that harms consumers could raise ethical concerns.
- **C. Where to set up the business:** Location decisions are typically based on factors such as market demand, cost, and accessibility.
While some location-related decisions may involve ethical considerations (e.g., avoiding environmentally sensitive areas), the location itself is not a marketing information management issue.
- **D. Whether to set up an online storefront:** The decision to establish an online storefront is a business strategy and operational choice, not an ethical issue.
However, ethical considerations may arise in online business practices, such as truthful product descriptions and protecting customer data online.
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REFLECTION QUESTIONS
11
You speak to a business owner that is taking in almost $2,000 in revenue each month. The owner
still says that they're having trouble keeping the doors open. How can that be possible? Use the
terms revenue, expenses, and profit/loss in your answer.
Type your entry and click submit...
Answer:
Expenses must be close or above $2000 per month
Explanation:
For a business to operate at a profit, its revenues must exceed the expenses by a sizable proposition. Revenues refer to income from business activities, while expenses are the cost incurred in generating that income. Should the costs match or be higher than the revenue, a business will find it challenging to continue operating.
In this case, the business owner is generating revenues of $2000 per month. If he is struggling to stay open, it means the monthly expenses are around or above $2000. The $2000 that the business is generating per month is not sufficient to cater for all expenses and the desired profits. The business owner is probably making losses, and that why he is having trouble keeping the doors open.
Which ranks careers based on their percentage of self-employment from lowest to highest?
Real Estate Manager → Cosmetologist → Pedicurist → Child Care Worker
Child Care Worker → Pedicurist → Cosmetologist → Real Estate Manager
Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager
o Cosmetologist → Pedicurist → Real Estate Manager → Child Care Workers
Answer:
The correct answer is A
Explanation:
Self employment is the term which is described as the employment of the workers, employers who work for themselves, unpaid family workers and the members of the cooperative producers.
The ranks of career is grounded on the % of the self employment, which is lowest is the real estate manager, then the cosmetologist, further followed by pedicurist and the highest is the child care worker.
The correct answer is C) Pedicurist → Child Care Worker → Cosmetologist → Real Estate Manager.
That is the correct rank from the lowest to the highest.
Self-Employment is a good option when the job market is down and is difficult to find work opportunities in the corporate world. More people are preferring to learn and activity instead to spend too much money and getting a huge debt in college. Many consider themselves as entrepreneurs and decide to go by themselves to open a business. The number one profession for self.employment is Real State Managers.
Generally how many days does a person have to make a payment for their purchases on a credit card bill before interest starts to accrue?
A)30
B)no answer is correct
C)1
D)60
PLEASE HELPPP
Answer: B)
Explanation: Most credit card companies have a 21 day "Grace period".
Find the amount of interest earned by a deposit of $2450 for 6.5 years at 5.25% compounded
monthly.
Answer:
$3443.86
Explanation:
a=p(1+r/n)^nt
a=2450(1+.0525/12)^12*6.5
3443.86
The amount of interest earned by the deposit is $780.74.
Explanation:To find the amount of interest earned by a deposit, we can use the formula for compound interest:
Amount = Principal (1 + [rate/n])^(n×t)
Where:
Principal = $2450Rate = 5.25%Compounded monthly, so n = 12Time = 6.5 years, so t = 6.5Plugging in the values, we get:
Amount = 2450(1 + 0.0525/12)^(12×6.5)
Solving this equation, we find that the amount after 6.5 years is approximately $3230.74.
To find the interest earned, we subtract the principal amount:
Interest = Amount - Principal = $3230.74 - $2450 = $780.74
Therefore, the amount of interest earned by the deposit is $780.74.
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which of the following is an asset for groups and teams?
A. Group Conformity
B. Acceptance of solutions
C. Time consuming process
D. groupthink
Answer:
Acceptance of solutions is an asset for groups and teams.
Explanation:
Team is a group of individuals who work for same goals and are linked in together for common purpose.Team management is often very challenging job for the organization . Teams are usually used to simplify a complex task and complete the work under the given time scale and satisfying all conditions and parameters.
What will you do to run a presentation from a computer on which you did not prepare the presentation, and how?
and use a
If you want to run the presentation from another computer, you need to copy it to a
to upload the presentation to the laptop.
Successfully run a presentation from a computer bye these steps.
Obtain the Presentation File:Transfer the Presentation File:Ensure Software Compatibility:Open and Run the Presentation:To run a presentation from another computer where you did not prepare the presentation, follow these steps:
1. Obtain the Presentation File.
- Copy the presentation file from its original source, such as a USB drive, email attachment, or cloud storage or Dropbox.
2. Transfer the Presentation File.
- Transfer the copied presentation file to the computer from which you intend to run the presentation. You can do this by copying the file to the desktop, a specific folder, or any preferred location on the new computer.
3. Ensure Software Compatibility.
- Make sure the computer where you plan to run the presentation has the appropriate software installed to open and display the presentation file. For example, if it's a PowerPoint presentation, ensure Microsoft PowerPoint or an alternative capable software is installed.
4. Open and Run the Presentation.
- Locate the presentation file on the new computer.
- Double-click on the presentation file to open it with the installed software e.g., PowerPoint.
- Navigate through the slides and run the presentation as needed.
What are the causes and effects of increasing marginal returns?
Increasing Marginal Returns happen when more units of a variable input increase the production. It is caused by factors such as specialization and division of labor, it leads to higher efficiency in production by reducing per unit cost. Its relation to the law of diminishing returns makes these effects short-term.
Explanation:The term 'Increasing Marginal Returns' is typically seen in economics and business, as it involves the concept of production output. It occurs when the addition of a variable input, like labor or capital, increases the marginal product. The concept is linked to the law of diminishing returns, yet it's the earlier phase where adding more units of a variable input enhances overall production.
There are multiple causes of increasing marginal returns. One common cause is specialization and division of labor. When labor is divided among workers, they can specialize in a particular task. This also lessens time lost switching between tasks.
The effects of increasing marginal returns are mostly beneficial, leading to a higher efficiency in the production process. This happens as more units of output are produced with the same input, thus, decreasing the per-unit cost of production. However, it's crucial to note that these benefits are typically short-term, as at some point, increasing the input will lead to diminishing returns.
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Name a investment product offered by a bank
Answer:
Pensions, hedge funds, equity, and mutual funds.
Explanation:
Inflation is a(n) -
__ in the prices of many goods and services, which
purchasing power.
Answer:
Inflation is defined as a general steady or continuous rise in price level of goods and services, resulting to reduction in purchasing power.
Explanation:
Inflation is a general steady or continuous rise in price level of goods and services. Inflation reduces the purchasing power of consumers such that when the price of a good is increased, a consumer buys less of the good, holding consumer's income constant. For instance, assume a cup of coffee is sold for $10 per cup. If a consumer earns $100 per month and wants to spend all of his income on coffee, he would buy 10 cups of coffee (that is, 100/10 = 10). Let's now assume that inflation set in such that the price of coffee is raised to $20 per cup, the consumer would not be able to buy 10 cups any longer. Thus, he would buy only 5 cups (that is, 100/20 = 5). This implies that the consumer's purchasing power has reduced from 10 cups to 5 cups. Purchasing power means the amount of goods and/or services that a consumer's money (income) can buy. From the instance above, we can see that there is an inverse (negative) relationship between inflation and purchasing power. As individuals, we experience the effect of inflation on our purchases. As price of goods go up, we tend to buy less of them since our income is fixed.
Dylan majored in music education in college but then attended a graduate school
where he achieved a master's degree in business administration. What company in
the Education and Training cluster might be interested in hiring Dylan?
A. a college sports program in need of a trainer
B. a private performing arts school looking for a vice principal
for vice principa
C. a small day care center in need of a classroom aide
D. a high school looking for a behavioral therapist
Explanation:
Option A: This is invalid because, the trainer role might suit Dylan but the department of "sports" does not suit because, he is an expert in "music" only.
Option B: This is the right answer because, he is good at music which belongs to arts and has learnt about business administration which is essential for the role of "Vice Principal".
Option C: Day care is no way related to Dylan's profile.
Option D: The role of behavioral therapist does not match with the skill sets of Dylan. Hence this choice is invalid.
Summarize the different levels of organization involvement in international trade
Answer:
Here are several organization involvements that exist in international trades but might not exist in domestic trade:
- Import/export
- Countertrade Agreement
- Foreign Direct investment
- Multinational marketing strategy
Explanation:
- Import/export
To put it simply, Import is the act of acquiring goods from another country to your country. Export is the act of sending goods from your country to another country,
- Countertrade Agreement
This consist of tradge agreements that created by the government between different countries.
Most countries will impose tariff or quota to the foreign goods that come into their country. This will increase the price of the foreign goods when they entered the local markets. Tariff and quota are made to protect local businesses from foreign businesses.
- Global outsourcing
This happens when a company give their job to the people from another country.
Most commonly, this is conducted by companies from a richer countries. Outsourcing their jobs to a poorer country tend to cut down the labor cost. They can send the product output back to their original country and sell it with higher price/.
- Multinational marketing strategy
This marketing strategy considers the different cultures / taste that exist in foreign market. They will cater their strategy to suit the taste of foreign customers and improve their brand favorability.
Ronald sees that his employer's stock has grown from $20 a share to $60 a share this year, while most stocks have seen only 5% growth. His employer offers to let him convert a large portion of his salary into stock options. What is NOT a valid reason to turn down the stock offer? Select the best answer from the choices provided.
A. Stocks with high returns have high volatility, and Ronald's company may not grow further.
B. Ronald may be taxed more for capital gains than he would be for employment income.
C. Stock options are illiquid, and Ronald may not be able to use them to pay for unexpected bills.
D. Ronald would be committing stock fraud if he exercises the options.
D. Ronald would be committing stock fraud if he exercises the options.
Explanation:
The first three options are valid reasons to turn down the offer of stocks in place of salary.
A. Stocks with high returns have high volatility, and Ronald's company may not grow further.
B. Ronald may be taxed more for capital gains than he would be for employment income.
C. Stock options are illiquid, and Ronald may not be able to use them to pay for unexpected bills.
Option D is NOT a valid reason to turn down the stock offer. So, the answer is:
D. Ronald would be committing stock fraud if he exercises the options.
What is comparing the cost of a business plan to the monetary value of the benefit derived from the same plan known as?
A.
cost-benefit analysis
B.
payback period analysis
C.
net present value analysis
D.
time series analysis
E.
marginal cost analysis
C. net present value analysis i think
Answer: A
Explanation:
PLATO/EDMENTUM
As part of a proactive TNA approach, analysts at McKee Paper factory are attempting to determine whether the factory needs to employ more workers to meet ISO 9000 standards. This means that the analysts are conducting _______ analysis.
A. organizational
B. person
C. operational
D. performance
Answer:
D
Explanation:
Final answer:
Analysts conducting analysis related to employment needs for meeting ISO 9000 standards at the factory are doing performance analysis, which is focused on meeting standards. Related to I-O psychology, job suitability factors are explored by personality psychologists, while job satisfaction falls under organizational psychology.
Explanation:
Analysts at McKee Paper factory who are attempting to determine whether to employ more workers to meet ISO 9000 standards are conducting performance analysis. Performance analysis focuses on ensuring employees meet established standards and qualifications to perform their jobs effectively and whether additional training or resources are needed. In this context, the analysis is used to ascertain if the current workforce can meet the quality management guidelines set forth by ISO 9000 or if additional personnel is necessary.
In reference to the other discussion points offered, a researcher interested in what factors make an employee best suited for a given job would most likely identify as a(n) personality psychologist. The area of I-O psychology that measures job satisfaction is known as organizational psychology.
How are socialism and communism similar yet different?
Answer:
How are socialism and communism similar yet different?
In socialism government has partial control of the economy while in communism the government controls everything and it does not give room for capitalism. In summary, Communism is the extremism of socialism
Explanation:
Which two of the following are benefits of consumer programs?
Answer:
1) They help prosecute companies that sell unsafe products to consumers.
THIS ONE IS WRONG!!! ''They help consumers identify the best product reviews from various sources.''
Explanation:
Edmentum users.