An organization's chain of command lengthens as it becomes more mechanical. It's also true that an organization's chain of command gets shorter as it grows more organic.
An organizational chart that shows the relationships between each employee and the others is known as a chain of command. A mechanistic organization has centralized decision-making, established policy and procedure, and is comparable to a hierarchical organization. Whenever possible, decision-making is done at the top of the chain.
The role of the chain of command is diminished in organic organizations because duties are distributed among employees. An excessively short chain of command results from having only the owner and employees, or employees and a manager before the boss.
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5. (5 points) Which of the following would be classified as fiscal policy? a) The federal government passes tax cuts to encourage firms to reduce air pollution; b) The Federal Reserve cuts interest rates to stimulate the economy; c) A state government cuts taxes to help the economy of the state; d) The federal government cuts taxes to stimulate the economy; e) States increase taxes to fund education. 6. (5 points) When the economy enters into a recession, your employer is wages because to reduce your a) Unlikely; output and input prices generally fall during recession; b) Unlikely; lower wages reduce productivity and mora le; c) Likely; output prices always fall during recession; e) Likely; aggregate demand is vertical in the long run. 7. (5 points) Automatic stabilizers refer to. a) The money supply and interest rates that automatically increase or decrease along with the business cycle; b) Government spending and taxes that automatically increase or decrease along with the business cycle; c) Changes in the money supply and interest rates that are intended to achieve macroeconomic policy objectives; d) Changes in federal taxes and purchases that are intended to achieve macroeconomic policy objectives. 8. (5 points) Before the Great Depression of the 1930s, the majority of government spending took place at the place at the and after the Great Depression the majority of government spending took a) State and local levels; federallevel; b) Local level; federal level; c) Federal level; state and local levels; d) Federal level; state level.
5. The federal government cuts taxes to stimulate the economy can be classified as fiscal policy.
Which of the following is a form of fiscal policy?Fiscal policy refers to how the government uses taxes, spending, and transfer payments to support stability and growth in the economy. combats both inflation and unemployment, but not simultaneously. To boost the economy, the federal government lowers taxes. taxation and spending by the government that automatically rise or fall with the economy. The fiscal policy entails adjustments to taxes or expenditures in order to achieve economic objectives.
6. When the economy enters a recession, your employer is unlikely to reduce your wages because output and input prices generally fall during recession.
7. Automatic stabilizers refer to government spending and taxes that automatically increase or decrease along with the business cycle.
8. Before the Great Depression of the 1930s, the majority of government spending took place at the place at the State and local levels and after the Great Depression the majority of government spending took place at federal level.
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FILL IN THE BLANK. the money multiplier is equal to the___ in the economy divided by the original___.
The money multiplier is equal is to the total money in the economy divided by the original quantity of money.
What does "money multiplier" mean?To increase interest earnings, a bank lends or invests its excess reserves. The money supply grows by more than one dollar for every $1 rise in the monetary base. The money multiplier is the expansion of the money supply.
Why is money multiplier important?
In macroeconomics, the money multiplier is significant because it controls the money supply, which influences interest rates. Because it affects monetary policy and the stability of the banking industry, it is also significant in the banking industry.
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What's the purpose of income tax brackets? question 6 options: enable the progressive taxation of income maintain a minimum income level distribute social support to the needy punish the use of income for harmful activities.
The purpose of the income tax bracket is to allow progressive taxation of income.
What is the purpose of income tax categories that allow progressive taxation of income?Progressive taxation involves tax rates that increase (or progress) as your taxable income increases. Low-income earners have lower tax rates, and high-income earners have higher tax rates. This is typically accomplished by creating tax categories that group taxpayers by income category.
How is the tax amount calculated?Tax brackets indicate the tax rate you must pay for each portion of your income. For example, if you are single, the lowest rate of 10% applies to his first $10,275 income in 2022. The next portion of income is taxed at 12% and so on up to the taxable income limit.
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How does making a payment by check affect your checking account balance?
Checking accounts can be used for joint accounts, student accounts, commercial or business accounts, and many other types of accounts that offer comparable services. Your bank may cover the difference if you write a check or make a purchase that exceeds the amount in your checking account, but they will charge you an overdraft fee, checking account service fees, a direct deposit cost, etc., and it will also lower your credit scores.
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within the distribution channel, retailers and wholesalers are called:
These middlemen, such middlemen, wholesalers, and retailers, make up the marketing channel, also known as the distribution channel.
What is Distribution channel?A network of companies or intermediaries through which an item or service is sent before it is received by the target customer or buyer is known as a distribution channel. Retailers, wholesalers, marketers, as well as the internet are examples of distribution channels. All goods and services must go via a distribution channel in order to get to their intended consumers. On the other side, it also outlines the method of payment that clients use to reimburse the original seller. The number of intermediaries required to distribute an item or service determines the length of a distribution channel.
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what refers to how well a system can adapt to increased demands?
The ability of an organization to adapt to changing workloads or market demands is referred to as scalability. Scalable businesses may quickly grow output to meet demand while also benefiting from economies of scale.
What does the capacity to start a system entail?An identical copy of a system's data is a backup; getting a system back up and running after a failure or crash is recovery.
What phrase describes the resources of a computer system being available whenever needed?Cloud computing is, in a nutshell, the on-demand availability of computer system resources, particularly data storage (cloud storage) and computational power, without direct active supervision by the user.
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Answer:
Explanation:
scalability
If a monopolist increases quantity by one unit, but sells the increased output at a slightly lower price, marginal revenue is affected by adding one additional unit sold at the new price.
If a monopolist increases quantity by one unit, marginal revenue is affected by adding one additional unit sold at the new price.
What action does a monopolist take in response to rising demand?
In a monopoly, the market responds to an increase in demand by raising prices and output. In a monopoly market, when demand increases, the demand curve shifts to the right, increasing both the quantity and price of the products.
When a monopolist boosts sales by one unit, it makes a small profit from the sale of the extra unit, but it also loses a small profit since it must now reduce the price of every other unit it sells.
Therefore, The company can improve profit by creating an additional unit of output if the marginal revenue is greater than the marginal cost.
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the first course in the career navigation courses is:
You alone have the ability to develop your career. By finishing this trio of courses, you can take charge of your future while boosting your confidence.
What is navigation in a career?the awareness of internal elements that affect professional decisions and the capacity to consciously investigate and advance your career.
What are skills for navigating a career?Being able to steer your practice in new and better directions if necessary, or alternatively, to negotiate to maximize the potential of your current position, requires flexibility and confidence. Effective career navigation requires developing a keen sense of where you currently stand in key areas of job satisfaction.
Is it challenging to access WP Carey?A high school class ranking in the top 8% and an ACT composite score of 25. ASU competence courses must have a cumulative high school GPA of 3.4 (4.00 = A) or higher in order to be admitted before the Fall 2020 semester.
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People who are high on openness to experience are likely to demonstrate ________.
A) an outgoing and sociable orientation.
B) a lack of worry.
C) an achievement orientation.
D) curiosity and broad-mindedness.
E) cooperation and soft-heartedness
Answer:
D) Curiosity and Broad-Mindedness
Explanation:
People who are high on openness to experience are likely to demonstrate ( Curiosity and Broad-Mindedness )
Which of the following is not a manufacturing cost category? O Manufacturing overhead O Direct materials O Selling & administrative costs O Direct labor
The accurate solution is that a) price of products offered isn't a manufacturing cost category. Adding up the direct substances, direct exertions, and production overhead fees offers us the overall production fees for the year.
The required details about manufacturing cost is mentioned in below paragraph.
Manufacturing cost are the fees incurred throughout the manufacturing of a product. These fees consist of the fees of direct material, direct exertions, and production overhead. The fees are normally provided withinside the earnings declaration as separate line items.Manufacturing cost is the sum of fees of all sources ate up withinside the manner of creating a product. The production price is assessed into 3 categories: direct substances price, direct exertions price and production overhead. It is a thing in general shipping price.
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The main goal of inventory management is: Group of answer choicesa) minimize costs while meeting demandb) increase demand to keep up with inventoryc) keep enough inventory in the pipelined) balance the amount of certain and uncertain demand
Option (d),Balance between definite and uncertain demand is the primary objective of inventory management.
How are your stock levels managed?The term "inventory" refers to all the goods, supplies, and items that a business keeps on hand in the hope of eventually selling them to clients at a profit. In this scenario, if the vendor uses a vehicle to deliver newspapers to customers, only the newspaper will be regarded as inventory.
What is the purpose of this inventory management?Inventory management aims to maintain as low inventory levels as practical while guaranteeing that there is a sufficient amount of merchandise to meet customer demand. an approach to order fulfillment that involves adding the orders to the supply chain.
Maintaining a minimum amount of inactive, waste, surplus, scrap, and outdated things. To increase production and distribution efficiency while reducing the expenses associated with keeping, replacing, and running out of inventory. A risky investing strategy of treating inventories.
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if ben & jerry’s starts selling bonnaroo buzz fair trade-sourced super premium ice cream in brazil for the first time, it will be using a __________ strategy.
They'll employ a market penetration approach.
Which actions did Ben & Jerry's take to adhere to Fairtrade principles?They paid a Fairtrade Premium of $22,000 in 2017, in addition to the Minimum Price, in 2017. The co-ops made the decision to use this money to renovate a medical facility, fix a school, and construct an office. Over 300,000 pounds of the coffee used by Ben & Jerry's has come from Mexico since 2010.
Why Ben and Jerry's uses Fairtrade ?Five key ingredients—cocoa, bananas, coffee, vanilla, and sugar—were sourced thanks to a long-standing collaboration between Fairtrade and Ben & Jerry's. For farmers and workers in poor countries, fairtrade means better prices, respectable working conditions, local sustainability, and equitable terms of trade.
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as ad blocking and skipping tools have become more prevalent, many marketers using ________ are adding emphasis to direct "opt-in" approaches to reaching consumers.
As ad Blocking and skipping tools have become more prevalent, many marketers using Sales promotion are adding emphasis to direct "opt-in" approaches to reaching consumers.
What is Sales promotion?A sales promotion can be described as the marketing strategy whereby the business uses a temporary campaign or offer to increase interest or demand with respect to the product or service.
It should be noted that business may choose to use a sales promotion so as to be able to boost sales.
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Birch Company normally produces and sells 47000 units of RG-6 each month. The selling price is $20 per unit, variable costs are $10 per unit, fixed manufacturing overhead costs total $165,000 per month, and fixed selling costs total $48,000 per month Employment-contract strikes in the companies that purchase the bulk of the RG-6 units have caused Birch Company's sales to temporarily drop to only 9,000 units per month. Birch Company estimates that the strikes will last for two months, after which time sales of RG-6 should return to normal. Due to the current low level of sales, Birch Company is thinking about closing down its own plant during the strike, which would reduce its fixed manufacturing overhead costs by $41000 per month and its fixed selling costs by 10%. Start-up costs at the end of the shutdown period would total $13,000. Because Blrch Company uses Lean Production methods, no inventories are on hand Required 1. What is the financial advantage (disadvantage) if Birch closes its own plant for two months? 2. Should Birch close the plant for two months? 3. At what level of unit sales for the two-month period would Birch Company be indifferent between closing the plant or keeping it open? Complete this question by entering your answers in the tabs below Required 1 Required 2 Required 3 s the financial advantage (disadvantage) if Birch closes its own plant for two months? < Pree 2of4 Next > 8
Taking into account the information, it can be inferred that the financial advantage (disadvantage) if Birch closes its own plant for two months will be $-101,400, so it would not be advisable for them to close their plant for two months. Additionally, the level of unit sales that would be indifferent between closing the plant or keeping it open is 7,860 units.
How to establish the financial disadvantage of Birch company among its three alternatives?To establish the financial disadvantage of Birch company among its three alternatives (Continue plant for 2 months (Alternative 1), Shut down plant for 2 months (Alternative 2), Increase (Decrease) in income of shutdown (Alternative 2) we must compare the movement financial that the company will have in each of them as shown below.
Option 1:
Revenue (9000*2*$20) = $3,60,000
Variable cost (9000*2*$10) = $1,80,000
Fixed manufacturing overhead cost = $3,30,000
Fixed selling cost = $96,000
Startup cost at the end of shutdown period = $0
Income / (Loss) = -$2,46,000
Option 2:
Revenue(9000*2*$20) = $0
Variable cost (9000*2*$10) = $0
Fixed manufacturing overhead cost = $2,48,000
Fixed selling cost = $86,400
Startup cost at the end of shutdown period = $13,000
Income / (Loss) = -$3,47,400
Option 3:
Revenue (9000*2*$20) = -$3,60,000
Variable cost (9000*2*$10) = $1,80,000
Fixed manufacturing overhead cost = $82,000
Fixed selling cost = $9,600
Startup cost at the end of shutdown period = -$13,000
Income / (Loss) = -$1,01,400
According to the above, the financial disadvantage would be $-101,400, so it would not be advisable to close the plant for two months.
How to calculate the level of sales that would be indifferent?To calculate the level of sales that would be indifferent to Birch Company we must perform the following mathematical operation:
Level of sales to be indifferent = (Avoidable Fixed Cost - Startup cost) / Contribution margin per unit
= (82000+9600-13000) / (20-10)
= 78600/ 10
= 7860 units
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in the current year, susan sold an antique that she bought 6 years ago to display in her home. susan paid $800 for the antique and sold it for $1,400. susan chose to use the proceeds to pay a court-ordered judgment. the $600 gain that susan realized on the sale of the antique should be treated as ordinary income. long-term capital gain. an involuntary conversion. a nontaxable transaction.
Gain that Susan realized on the sale of the antique should be treated as long-term capital gain.
What is capital ?In economics, capital goods or capital are "permanently produced commodities that are in turn used as productive inputs for further production" of goods and services. At the macro level, "a country's capital stock includes buildings, equipment, software and supplies in a given year."Capital is a broad term for anything that gives value or utility to its owner. For example: Factories and their machinery, intellectual property such as patents, or financial assets of companies and individuals.Equity can be any financial asset used. Money earned from ongoing activities is reported as capital on the company's balance sheet. Some examples are money in bank accounts, money from the sale of stocks, and money from the sale of bonds.To learn more about capital from the given link :
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Use the classical (RBC) IS-LM-FE model to show the effects on the economy of a temporary adverse supply shock; for example, an increase in the price of oil. You should show the impact on the real wage, employment, output, the real interest rate, consumption, investment, and the price level.
The marginal productivity of labor is increased, shifting the labor demand curve to the right.
As a result, the real wage rises and employment increases. Both the higher productivity and increased employment increase output. The FE line shifts right, with the IS curve unchanged, so the LM curve must shift down (the price level declines) to restore equilibrium. As a result, the real interest rate declines, increasing consumption and investment.
Costs of production are directly correlated with the marginal product of labor. Fixed and variable costs are separated in costs. The term "fixed costs" refers to expenses that are related to the fixed input, capital, or rK, where K is the amount of capital and r is its rental cost. The costs of the variable input, labor, or wL, are known as variable costs (VC), where w is the wage rate and L is the volume of labor used.
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when a piece of equipment is purchased, it is generally recorded on the balance sheet at its salvage value..True or False
the answer is true I think
fig garden is a popular chain of restaurants for authentic italian food. recently, a customer found a dead insect in the pasta he was served. the customer's negative review about the restaurant went viral. fig garden's chief executive officer (ceo) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. in this scenario, which of the following does fig garden's ceo demonstrate?
B. Crisis Management
In this scenario, the CEO of Fig Garden demonstrates crisis management, which is a strategy used by organizations when a negative situation involves the company and threatens its credibility with its stakeholders.
Crisis Management is a process- and strategy-based approach used by an organization to identify and respond to a threat, an unexpected event, or any negative disruption that has the potential to harm people, property, or business processes. A crisis management plan is required if any event is to become a crisis.
Natural disasters, active shooter scenarios, terrorist events, mass violence occurrences, and even global pandemics can occur at any time, with or without warning. Aside from the immediate threat to people, property, and processes, crises and critical emergency events frequently have unanticipated and cascading effects on employee morale, brand reputation, customer satisfaction, and even the supply chain.
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The complete question is:
Fig Garden is a popular chain of restaurants for authentic Italian food. Recently, a customer found a dead insect in the pasta he was served. The customer's negative review about the restaurant went viral. Fig Garden's chief executive officer (CEO) publicly apologized for the mishap and posted pictures of the restaurant's kitchen, after being fumigated, on several social networking websites. In this scenario, which of the following does Fig Garden's CEO demonstrate?
A. Audience control
B. Crisis management
C. Letharsy
D. Experiential selling
max had a party in the apartment he rents from ralph, the landlord. max's rowdy guests cause damage to teh inside of his apartment, the elevators and the front lobby of the building. with respect to the cost of repairs to the building,
Ralph is responsible for paying for the building's repairs, but he can seek idemnification by suing Max and his friend.
In plain language, what does indemnification mean?The pledge by one party (the indemnifying party), also known as indemnity, to cover certain fees and expenses incurred by the other party (the indemnified party), usually as a result of third-party claims, is known as indemnification.
Therefore, indemnity provisions and clauses are particularly strong legal instruments because they essentially sign away a party's right to sue the other. The majority of indemnification clauses only cover one party's right to file a lawsuit against the other, i.e., only one side generally waives that right.
Are you protected by indemnification?To be covered against loss or harm is to be indemnified. To determine how much money the nonperformer owes the party who was wronged in the event of a breach of a contract, the parties refer to the indemnity provision. The objective is to restore the aggrieved party to the position that they would have been in had the nonperformance not occurred.
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FILL IN THE BLANK. In new-product development, _____ is the stage at which products that do not meet new-product goals are rejected.
The stage of new-product development known as "Screening Product Ideas" is where items that do not adhere to those goals are discarded.
What is the buying department referred to as occasionally?The terms procurement departments and buying departments are sometimes used in business. These divisions frequently play a significant role in assisting businesses in achieving both short- and long-term strategic objectives.
What is referred to as buying?A corporation or organization uses the purchasing process to buy products or services in order to achieve its objectives. Although many organizations make an effort to establish standards for the purchasing process, procedures can differ significantly between organizations.
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1. Gross profit equals the difference between a. net income and operating expenses. b. sales revenue and cost of goods sold. c. sales revenue and operating expenses. d. sales revenue and cost of goods sold plus operating expenses. 2. Net income will result if gross profit exceeds a. cost of goods sold. b. operating expenses. C. purchases. d. cost of goods sold plus operating expenses. Under a perpetual inventory system, a. accounting records continuously disclose the amount of inventory. b. increases in inventory resulting from purchases are debited to purchases. c. there is no need for a year-end physical count. d. the account purchase returns and allowances is credited when goods are returned to vendors. 4. In a perpetual inventory system, cost of goods sold is recorded a. on a daily basis. b. on a monthly basis. c. on an annual basis. d. each time a sale occurs. Gross profit does not appear a. on a multiple-step income statement b. on a single-step income statement. c. to be relevant in analyzing the operation of a merchandising company. d. on either a multiple-step or single-step income statement. 6. Operating expenses would include a. interest expense. b. income tax expense. c. freight-out. d. freight-out and interest. 7. An advantage of the single-step income statement over the multiple-step form is a. the amount of information it provides. b. its comprehensiveness. c. its simplicity d. its use in computing ratios
1. Gross profit is calculated as b. sales revenue and cost of goods sold
2. Net income will result if gross profit exceeds a. cost of goods sold.
3. Under a perpetual inventory system, a. accounting records continuously disclose the amount of inventory
4. In a perpetual inventory system, cost of goods sold is recorded each time a sale occurs.
5. Gross profit does not appear b. on a single-step income statement
6. Operating expenses would include . c. freight-out.
7. An advantage of the single-step income statement over the multiple-step form is c. its simplicity
What is gross profit?The profit a company makes after deducting the costs of manufacturing and selling its products is known as gross profit.
A perpetual inventory system is a system for tracking and recording stock levels in which every purchase and sale of stock is automatically and instantly logged. When a transaction occurs in this system, the software records a change in inventory levels in real-time.
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andrica is the chief of police for a mid-size department. she recently reviewed data on how to serve her community better, including information about preventing crime and responding to calls. andrica would like to incorporate additional strategies to improve all issues but wants to make sure she has officer buy-in for any new methods. which of the following is true of andrica in the police force?
Further develop this type of the community-based crime prevention. This is known as incident driven policing.
Federal courts experience the sole power to interpret the law, decide the constitutionality of the law, and apply it to character cases. The courts, like Congress, can compel the manufacturing of proof and testimony through using a subpoena.
For departments, crime rates have a tendency to be the cross-to metric to decide effectiveness, no matter the fact that problems well outdoor of a police agency's control will have a super impact on crime in a given network.
Predictive policing uses pc systems to analyze massive units of facts, including historical crime information, to help determine in which to install police or to perceive folks who are purportedly more likely to devote or be a sufferer of a crime.
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proceeds from notes payable on january 26, nyree co. borrowed cash from conrad bank by issuing a 45-day note with a face amount of $300,000. assume 360 days in a year. a. determine the proceeds of the note, assuming the note carries an interest rate of 6%. fill in the blank 1 of 2$ b. determine the proceeds of the note, assuming the note is discounted at 6%. fill in the blank 2 of 2$
The net proceeds from notes-payable will be $2,250, considering its face value and interest rate as well as time period.
Calculation:
Notes -payable face value = $300,000
Time period for which it is issued = 45 days
Interest rate = 6%
Proceeds from the notes payable = $300,000*6%*60/360 = $2,250
Written promissory notes are known as notes payable. A borrower receives a certain amount of funds from a lender under this arrangement and agrees to pay it back over a predetermined amount of time. The interest rate may be set for the duration of the note or it may change in accordance with the interest rate the lender charges its most valuable clients (known as the prime rate). In contrast to an account payable, which requires the payment of both interest and a promissory note, this is different.
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Type the correct answer in the box. Round your answer to the hundredth. An investment in a savings account grows to three times the initial value after t years. If the rate of interest is 5%, compounded continuously, t = years.
Answer:
t = 21.97 years
Step-by-step explanation:
The formula for the continuous compounding if given by:
A = p*e^(rt);
where A is the amount after compounding, p is the principle, e is the mathematical constant (2.718281), r is the rate of interest, and t is the time in years.
It is given that
p = $x,
r = 5%, and
]A = $3x.
In this part, t is unknown.
Therefore: 3x = x*e^(0.05t).
This implies 3 = e^(0.05t).
Taking natural logarithm on both sides yields ln(3) = ln(e^(0.05t)).
A logarithmic property is that the power of the logarithmic expression can be shifted on the left side of the whole expression, thus multiplying it with the expression.
Therefore, ln(3) = 0.05t*ln(e).
Since ln(e) = 1, and making t the subject gives t = ln(3)/0.05.
This means that t = 21.97 years (rounded to the nearest 2 decimal places)!!!
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Which of the following types of families is likely to have the least need for a large amount of life insurance?
A) a blended family
B) a traditional family
C) a single person family
D) a sandwiched family
a single person family is types of families is likely to have the least need for a large amount of life insurance.
How Does Life Insurance Work?Your contract with an insurance company is known as life insurance. Essentially, the insurance provider will give your dependents a lump sum, known as a life insurance, in return for your monthly premiums. The funds are available for use by your recipients for any objective.
I should purchase life insurance when I am how old?Although you may not "need it," your 20s are the greatest age to purchase affordable term life insurance. You typically receive the most reasonable rates when you're younger and healthier since you pose less of a risk to an insurer.
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The data in the table characterizes the income distribution for a country What percentage of the total population is categorized as belonging to the second quintile? Give your responses as whole numbers. Share of income (%) 5.0 Cumulative share of income (5) 11.0 16,0 Income category first quintile second quintile third quintile fourth quintile fifth quintile 39.0 27.0 percentage of population in second quintile: 34.0 What percentage of the total income for the country is earned by the third quintile? percentage earned by the third quintile: % What is the cumulative share of income earned by the poorest 80% of the population? percentage earned by the poorest 80%: 80
The most know term that divides a data-set into groups is quartiles, dividing the data-set into four groups.
In this problem, quintiles are used, which divides the population into five groups, as follows:
First quintile: Up to the poorest 20%.Second quintile: From the poorest 20% to the poorest 40%.Third quintile: From the poorest 40% to the poorest 60%.Fourth quintile: From the poorest 60% to the poorest 80%.Fifth quintile: From the poorest 80% to the poorest 100%.It is important to understand the inverses, that is:
Poorest 80% = Richest 20%, for example.
From the table given by the image at the end of the answer, the measures are given as follows:
Second quintile: 11%.Third quintile: 23%, as 39% - 16% = 23%.Poorest 80% = Total - Fifth quintile = 100 - 34 = 66%.Missing InformationThe table is given by the image shown at the end of the answer.
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supply-side economists believe that a reduction in the tax rate? A.always decrease government tax revenue. B.shifts the aggregate supply curve to the right. C.provides no incentive for people to work more. d. would decrease consumption. The Kennedy tax cut of 1964 was? a. successful in stimulating the economy b. designed to shift the aggregate demand curve to the right. c. designed to shift the aggregate supply curve to the right. d. All of the above are correct. Economists agree on all of the following except that? a. increases in the money supply shift aggregate demand to the right. b. in the long run, increases in the money supply increase prices, but not output c. recessions are associated with decreases in consumption, investment, and employment. d. government should use fiscal policy to try to stabilize the economy
Supply-side economists believe that a reduction in the tax rate shifts the aggregate supply curve to the right. Option B.
The Kennedy tax cut of 1964 was All of the above are correct. Option D.
Economists agree on all of the following except that in the long run, increases in the money supply increase prices, but not output. Option B.
What is supply side economics?According to the theory of supply-side economics, the key to economic growth is expanding the supply of goods and services. It promotes tax reductions as a means of fostering entrepreneurship, business growth, and job creation.
When compared to Keynesian economics, or demand-side economics, which contends that increasing demand for goods and services is the primary source of economic growth, supply-side economics can be considered as the complete antithesis.
Because of its connection to former president Ronald Reagan, supply-side economics is occasionally referred to as Reaganomics.
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Jane, who works in sales for her firm, has learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's
Select one:
A.customer relationship management system.
B.customer response management system.
C.indirect marketing system.
D.direct marketing system.
E.B2B selling system.
Jane, who works in sales for her firm, learned about her customer during the prequalification stage, but now she must conduct additional research and develop plans for meeting her customer. In the past, she would have maintained this information manually, but today she is able to access such information through her company's customer relationship management system. Option A
What is a customer relationship management system?Generally, All of the information that has been gathered about the customer is compiled, linked together, and analyzed by a CRM system.
This includes the client's contact information, as well as their interactions with business representatives, purchases, service requests, assets, and bids or offers. After that, the system gives users access to that data and the ability to comprehend what transpired at each touchpoint.
HubSpot. HubSpot is a customer relationship management (CRM) platform, which means it keeps tabs on client interactions and helps streamline marketing, sales, and service operations.
HubSpot is an excellent choice for any company that is growing (regardless of whether it is a small, medium, or enterprise-level company) as well as any team (such as marketing, sales, customer service, operations, or C-suite).
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If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the.
If a consumer places a value of $15 on a particular good and if the price of the good is $17, then the consumer does not purchase the good.
In behavioral economics, willingness to pay (WTP) refers to the maximum price at or below that a consumer will definitely pay to purchase one unit of a particular good. It corresponds to the standard economic view of a consumer reservation price or the value a customer places on the product. Some economists conceptualize WTP as a range rather than a single price. Hence, if a price of product is above the price range that the consumer is willing to pay, it is highly likely that consumer will not purchase the product or service. As the price of the good $17 is higher that the perceived price value of the good $15, the consumer does not purchase the good.
Note: The question is incomplete and probably the complete question is: If a consumer places a value of $15 on a particular good and the price of the good is $17, then the: a. consumer has a consumer surplus of $2 if he or she buys the good. b. consumer does not purchase the good. c. market is not a competitive market. d. price of the good will fall due to market forces.
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A customer-centric philosophy transcends all functional areas of a company, producing an internal system in which all of the firm's decisions and actions result directly from customer information.
true or false
A customer-centric philosophy transcends all functional areas of a company, producing an internal system in which all of the firm's decisions and actions result directly from customer information. True .
Customer centricity, also known as customer centricity, is a strategy and business culture focused on creating the best experience for customers, thereby building brand loyalty. A customer-centric company ensures that the customer is at the heart of the company's philosophy, operations, or ideas.
Zappos is a great example of how a business can thrive with a model focused on customer service and satisfaction. They profess to be a service company that also sells shoes, clothing and accessories, and support that identity in every aspect of their business strategy.
A broader definition of customer-centric behavior includes going beyond what customers think and feel and being inspired by megatrends that impact their long-term challenges.
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