Megan johnson owns a kitchen and bathroom cabinet company. her market research is telling her that she is taking business away from the large home improvement stores in her trade area. one thing that megan is worried about is that the large stores might fight back by lowering their prices, which hurts everyone except the consumer. the day-to-day challenge of firm growth that this example is referring to is ________.
Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly earnings?
A. $765
B. $780
C. $620
D. $820
Robert Bryan, Jr., earns $400 per week plus 3% of sales in excess of $7,000. If Robert sells $21,000, how much are his weekly earnings?
If Robert receives 3% of sales over $7,000 subtract that amount from his sales to find out what amount he can earn commission off of first.
$21,000 - $7,000 = $14,000
Next, take the amount he can earn commission on and multiply it by 3%:
14,000 x 3% = $420
The final step is to add his weekly commissions to his weekly earnings of $400:
$420 + $400 = $820
$820 is Roberts weekly earnings.
What will the multiplier be when the mps is 0, 0.4, 0.6, and 1? what will it be when the mpc is 1, 0.90, 0.67, 0.50, and 0? how much of a change in gdp will result if firms increase their level of investment by $8 billion and the mpc is 0.80? if the mpc instead is 0.67?
Final answer:
The economic 'multiplier' shows how initial investment changes can affect the total GDP. With an MPC of 0.80, an $8 billion investment increase leads to a $40 billion GDP change; with an MPC of 0.67, it leads to a $24 billion change.
Explanation:
The multiplier reflects the degree to which a change in economic activity will affect total economic output. It is closely related to the Marginal Propensity to Save (MPS) and the Marginal Propensity to Consume (MPC). When the MPS is 0, 0.4, 0.6, and 1, the corresponding multipliers, computed as 1/(1 - MPC), will be in theory infinite, 2.5, 1.67, and 1, respectively. Similarly, when the MPC is 1, 0.90, 0.67, 0.50, and 0, the multipliers will be infinite, 10, 3, 2, and 1, respectively.
For the change in GDP resulting from an $8 billion increase in investment with an MPC of 0.80: the multiplier is 1/(1 - 0.80) = 5. Thus, the change in GDP would be 5 times $8 billion, which is $40 billion. If the MPC is instead 0.67, the multiplier will be 1/(1 - 0.67) = 3, resulting in a change of $24 billion in GDP.
Product leadership refers to companies that ______.
The product leadership company refers to the companies that focus on the customer-user discovery and product-market fit.
Further Explanation:
Product leadership:
Product leadership refers to the decision making process regarding the product that would add value to the customers. The main challenge in product leadership is to determine the customer-user discovery and discovering the appropriate product-market fit. The product leadership focuses on the product-market fit. The product-market fit refers to the satisfaction of the market demand. A product can become the leader when it is valuable, usable and feasible.
Product Leadership Company:
Product leadership companies are the companies that evaluate the current market condition and develop a product according to the current market need. The product leadership companies focus on the product that would satisfy the market need effectively.
Apple Inc. is an example of a product leadership company. It focuses on innovation in the smartphone area and introduces the latest technology and sets a standard for quality product.
Thus, the product leadership company refers to the companies that focus on the customer-user discovery and product-market fit.
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Answer Details:
Grade: Middle school
Chapter: Product innovation
Subject: Business
Keywords: Product, leadership, companies, product-market fit, customer-use, innovation, new product, need, demand.
Ross promises to pay sara, his niece, $5,000 if she obtains her degree at tech university, where she is in her third year. sara graduates. ross is
a. required to pay because sara obtained a degree at tech.
b. required to pay because a job can be hard to find after college.
c. not required to pay because sara was already at tech.
d. not required to pay because obtaining a degree benefits sara.
Money creation occurs when: a person puts cash in a bank. a person deposits a payroll check in their checking account. banks make loans to borrowers. the federal reserve increases the reserve requirement.
) suppose that currency in circulation is $600 billion, the amount of checkable deposits is $900 billion, and excess reserves are $15 billion. assume that the required reserve ratio is 10%.
a. calculate the money supply, the currency deposit ratio, the excess reserve ratio, and the money multiplier.
Money supply = Currency in circulation + Checkable deposits.=600 + 900 = 1500 Billion
Current deposit ratio = Currency in Circulation/ Checkable deposits. = 600/900 = .667
Excessive reserve ratio = Excess Reserves/Checkable deposits.= 15/900 = .0167
Money multiplier = (1 + C)/(rr + ER + C)= (1 + .667)/ (.0278 + .0167 + .667) = 2.343
Cashiers at a department store are authorized to make price adjustments for customers of up to $25 without getting approval from their supervisors. this would suggest that the department store is a(n) _______.
Frank is building a home for debby that is to be completed by december 31st. frank tells debby that he needs to hire additional workers in order to have the home done by that time and that she needs to pay him an extra $10,000. debby says that she will pay. frank finishes the home and asks for his $10,000. debby refuses to pay. what is the likely result if frank sues? discuss whether you believe the result is ethical
One significant difference between traditional goal setting and management by objective is __________.
When a warehouse is rearranged to speed up order processing, "regrouping activities" are being performed?
Describe appropriate discretionary fiscal policy according to keynesian economics to smooth out the business cycle.
Match the task with professionals who would complete them
1. STEM: nanobiologist, statistician, automotive engineer.
"STEM" is a shortened form for sscience, technology, engineering, and mathematics. Transcendently, these are the fields in which new ventures, organizations, and human potential outcomes are imagined. STEM specialists take care of regular issues, examine and break down information about our general surroundings, and utilize their insight to outline everything from PC projects to prosthetic appendages. STEM specialists possess occupations extending from nourishment science professional to cartographer, designing director to database manager.
2. Information Technology: database administrator, computer help desk technician, video game designer.
Information technology (IT) is the utilization of any PCs, stockpiling, organizing and other physical gadgets, foundation and procedures to make, process, store, secure and trade all types of electronic information.
Commonly, IT is utilized with regards to big business activities rather than individual or diversion advances. The business utilization of IT includes both PC innovation and communication.
3. Arts, A/V Technology, and Communications: printing equipment operator, special effects artist, graphics illustrator.
The Arts, A/V Technology and Communications (AAVTC) Career Cluster centers around vocations in planning, delivering, displaying, performing, composing, and distributing media content including visual and performing expressions and outline, news coverage, and excitement administrations. Professions in the AAVTC Career Cluster require an inventive fitness, a solid foundation in PC and innovation applications, a solid scholastic establishment, and a capability in oral and composed correspondence.
The roles of the given professionals are shown below.
Roles of STEMThese are roles in Science, Technology, Engineering, and Mathematics. They will therefore involve science and math related careers such as:
NanobiologistAutomotive engineers,Statisticians. Roles of Information TechnologyThis relates to computer and internet technology. Roles here will therefore include;
Database administrator.Computer help desk technicians.Video game designers. Roles of Arts, AV/V Technology, and CommunicationsThese will include careers in the arts and those behind the technology to make art. They will include:
Special effects artistsGraphics illustratorsEquipment operators.Find out more on STEM roles at https://brainly.com/question/19362386.
Exploratory research would be used to gather data about the market potential for a new product.
a. True
b. False
Answer:
The correct answer is letter "B": False.
Explanation:
Market Research is the process a company uses to asses the viability of a new product or service. It reveals the details of a company's target market and what consumers think about the product before it is widely released. Companies can hire third-party providers or do the research themselves. Techniques include surveys, product testing, and focus groups.
How can an employee take an ethical stand regarding a business decision when his or her superior already has taken a different position?
An employee can override his superior's position by sticking strictly to the business ethics and thereby backing with his viewpoints based upon true facts.
Business ethics shall always have a superseding effect on any of the decision taken by the top level management, even if the lower management is not in position to raise voice.
An employee may have his say before the final judgement is made and try to convince his/her superior to give him/her a reasonable opportunity of being heard.An employee may try to get away from any discussions that might lead to disputes between the employee and the employer or the superior level management.Every part of such explanation must be only based upon facts and in favor of the organization which will be best in the interest of the organization as a whole unit and hamper the growth.Hence, the employee should keep his viewpoints in front of the superior level management with discussions based upon facts and must not try to conflict self-interest with any agenda.
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Your company started using a new shipping company two months ago. during your short relationship with the company, you notice that it regularly inflates its shipping rates, fails to meet scheduled deliveries, and loses packages. you decide to write a letter to them ending the business relationship. what are your goals when responding to the previous scenario? check all that apply.
When ending a business relationship with a problematic shipping company, your goals should be clear communication of your intent, proper documentation through a business termination letter, and expression of issues leading to this decision. You should also consider giving the company an opportunity for rebuttal or improvement.
Explanation:Your main goals when writing a letter to end the business relationship with the shipping company should include the following:
Clear communication of your intent to terminate the relationship.Writing a formal business termination letter to document the end of the business relationship.Expressing the reasons for your decision, specifying issues, such as inflated shipping rates, failure to meet delivery schedules, and loss of packages that negatively impacted your businessMoreover, it would be professional to give them a chance for rebuttal or improvement.
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The goals in responding to the scenario of ending a business relationship with a shipping company are to communicate the decision, provide reasons, and express a desire for a smooth transition or resolution.
Explanation:The goals when responding to the given scenario of ending a business relationship with a shipping company that regularly inflates its rates, fails to meet scheduled deliveries, and loses packages are:
To clearly communicate the decision to end the business relationshipTo provide reasons for the decision, such as the regular inflation of shipping rates, failure to meet scheduled deliveries, and lost packagesTo express a desire for a smooth transition or resolution, such as arranging for the return of any remaining packages or outstanding issuesLearn more about Ending a business relationship here:https://brainly.com/question/37091147
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Suppose a relative has promised to give you $1,000 as a wedding gift the day you get engaged. assuming a constant interest rate of 7%, consider the present and future values of this gift, depending on when you become engaged.
Andrea won the miss illinois beauty pageant the year she graduated from college. knowing this, the amount of money she will earn over the course of her adult lifetime is most likely to be _____ that of her peers
Twitterme, inc., is a new company and currently has negative earnings. the company's sales are $2,300,000 and there are 170,000 shares outstanding. if the benchmark price–sales ratio for the company is 4.4, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $ if the benchmark price–sales ratio for the company is 3.8, how much will you pay for the stock? (do not round intermediate calculations and round your answer to 2 decimal places,
e.g., 32.16.) current stock price $
An error value begins with a(n) _____ followed by an error name that indicates the type of error.
Does it make good strategic sense for lvmh to compete in all of its current segments? which of its product lines — wine and spirits, fashion and leather goods, perfumes and cosmetics, watches and jewelry, selective retailing, and other — do you think is/are most important to lvmh's future growth and profitability? should one or more of these current segments be discontinued? why?
Final answer:
LVMH's fashion and leather goods, along with selective retailing, are central to its future growth and profitability due to high margins and consumer demand. It remains strategic for LVMH to maintain all its segments to diversify risk and benefit from synergies across sectors.
Explanation:
It does make strategic sense for LVMH to compete in all of its current segments as they each provide a diversified risk and profit portfolio. However, the most important lines for LVMH's future growth and profitability are likely to be the fashion and leather goods, and selective retailing segments.
Fashion and leather goods have a high profit margin and a consistent demand given their association with luxury and quality. Selective retailing can capitalize on market trends and customer experiences, thus driving future revenue streams.
As per the strategy to discontinue any segment, there is no clear evidence that any of the current lines should be discontinued without a thorough financial and strategic analysis. Each division contributes uniquely to the brand's synergy and corporate strength.
"where would it make sense for managers to have wide spans of control?" check all that apply.
The simplest and most effective way to lay out your business structure is to include
Vince owes colton $140,000 under a previous contract. vince does not have the money, but does own property worth approximately $140,000. colton agrees to accept the property instead of the money. this is:
With what kind of vocabulary should a person be familiar for reading the balance sheet of a restaurant easily?
A.) the names of all the items on the restaurant menu
B.) finance-related words such as depreciation, capital expenditure, etc.
C.)restaurant-related terms such as banquet, buffet, etc.
D.)marketing terms such as product lifestyle, customer lifetime value, etc.
E.)advertising terms, such as brainstorming, captions, etc.
Answer:
B.) finance-related words such as depreciation, capital expenditure, etc.
Explanation:
The kind of language needed to read a restaurant's balance sheet quickly, including terms like depreciation, capital expenditure, etc. related words of finance. hence option B is correct
What do you mean by vocabulary?All of the words and phrases that a person or group of people use or understand collectively constitute their vocabulary.
A toddler's entire language serves as an illustration of vocabulary.
When developing a balance sheet, a person should be familiar with financial terminology.
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.Having credit _____ may positively affect your credit score.
a. cards
b. debt
c. diversity
d. None of the above
From late january through early february of 1972, john and yoko tape five shows as co-hosts for the emmy-winning _______________, featuring guests such as chuck berry and george carlin.
From late January through early February of 1972, John Lennon and Yoko Ono taped five shows as co-hosts for the Emmy-winning The Mike Douglas Show, featuring guests such as Chuck Berry and George Carlin.
John Lennon and Yoko Ono's appearance on The Mike Douglas Show represented a significant pop culture event. The show, known for its variety format and celebrity guests, was a daytime television staple. By featuring prominent figures such as legendary rock 'n' roller Chuck Berry and groundbreaking comedian George Carlin, the program emphasized a mix of entertainment and conversational depth. Their co-hosting period highlighted the intersection of popular music, comedy, and political activism that defined the era. Lennon and Ono brought their own unique blend of artistry and social commentary to the show, making their episodes among the most memorable in the show's history.
An adjustment for Prepaid Rent would indicate the amount Question 10 options: expired. on hand. originally paid. of the trial balance.
A treasury bond quoted at 107:16 107:18 has a bid price of _______ and an asked price of _____.
Final answer:
A treasury bond quoted at 107:16 has a bid price of 107 16/32 and an asked price of 107 18/32. When market interest rates rise, the price of existing bonds will generally decrease; thus, for a bond issued at a lower interest rate, you'd expect to pay less than its face value. An applicable calculation example shows that an investor would pay no more than $964 for a $1,000 bond if the market interest rate is 12%.
Explanation:
The treasury bond quoted at 107:16 has a bid price of 107 16/32 (or 107.5 in decimal form), and an asked price of 107:18 which is 107 18/32 (or 107.5625 in decimal form).
In regards to the secondary question about the expected price to pay for a bond given changes in interest rates, when market interest rates rise above the bond's coupon rate, you would expect to pay less than the bond's face value, due to the bond being less attractive compared to new bonds with higher interest rates. Conversely, if market interest rates fall below the bond's coupon rate, the bond becomes more attractive, and you would expect to pay more than the face value.
For example, in the scenario provided where a local water company issued a $10,000 ten-year bond at 6%, but the market interest rate has risen to 9% one year before maturity, you would reasonably expect to pay less than $10,000 for this bond because it is now considered less attractive due to the higher prevailing interest rates.
Calculation Example:
If the expected payments from the bond in the last year are $1,080 and market interest rates are at 12%, the maximum price you would be willing to pay for the original $1,000 bond would be $964, as investing $964 at the market rate of 12% would yield $1,080 in a year. This reflects the concept that the price of bonds inversely correlates with the changes in market interest rates.
Find a copy of the dodd 8570.01-m revision dated april 2010. what professional certifications comply with the 8570.01-m specification and workforce development program as defined by the dod?