Answer:
Punishing
Explanation:
Punishing is the non-acceptable behavior that might give the fast results but at the same time it would result in the non-desriable side effects for the long term like dissatisfaction of the employee, turnover increment
So as per the given situation, it is the situation of the punishment
hence, the same should be relevant
Rather than have the top level of management make all the decisions, Jake's company gives all lower-level managers the authority to make decisions for his or her department. Jake's company operates as a(n) ______ organization
Answer:
Decentralised organisation
Explanation:
Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.
This results in a system where decisions are made faster.
Also a small amount of control is maintained for major decisions.
In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system
What are the effects on U.S. imports and exports when the U.S. experiences economic growth stronger than its major trading partners
Answer:
Imports will increase
Explanation:
Exports provide money into the system, increasing the GDP of the exporting country. If a country imports items, it does so from outside manufacturers. The money that is spent on imports departs the economy, lowering the GDP of the importing country.
Imports will rise if the United States' economic growth outpaces that of its main trade partners.
Assuming all other factors remain constant, if fixed costs increase, then the break-even point will:
Answer:
Results are below.
Explanation:
To calculate the break-even point, the following formula is required:
Break-even point in units= fixed costs/ contribution margin per unit
Contribution margin per unit= selling price - unitary variable cost
If the fixed costs increase and the unitary contribution margin remains constant, the company would have to sell a larger amount of units to cover the fixed costs.
For example:
Fixed costs0= 120,000
Fixed costs 1= 140,000
Unitary contribution margin= 40
Break-even point in units= 120,000/40= 3,000
Break-even point in units= 140,000/40= 3,500
For a downward-sloping demand curve, all other things remaining constant, a rightward shift of the supply curve _____
Answer:
Increase equilibrium quantity and equilibrium price would fall
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
Equilibrium price is the price at which quantity demand equal quantity supplied.
If there is a rightward shift of the supply curve, it means that there is an increase in supply. As a result, there would be an increase equilibrium quantity and equilibrium price would fall.
If policymakers are concerned about the unequal distribution of income within society, then they should prefer a ________ tax system.
Answer:
Progressive income
Explanation:
Taxation can be defined as the involuntary or compulsory fees levied on individuals or business entities by the government to generate revenues used for funding public institutions and activities.
There are three (3) types of taxation used by the government, these are;
1. Progressive taxation: it involves charging individuals having higher incomes a higher percentage of their total income.
For instance, John pays 30% on $70,000 and Joyce pays 10% on $45.000.
2. Proportional taxation: it involves charging both lower and higher income earners equally in proportion to their income.
For instance, John pays 20% on $50,000 and Joyce pays 20% on $36,000.
3. Regressive taxation: it involves charging individuals with low incomes a higher percentage of their total income and vice-versa.
For instance, John pays 15% on $60,000 and Joyce pays 20% on $36,000.
Hence, if policymakers are concerned about the unequal distribution of income among employees or workers within their society, then they should prefer a progressive income tax system.
According to ______, market participants immediately change their actions in response to anticipated price-level changes, such that no changes in real output occur.
Answer:
rational expectations theory
Explanation:
Rational expectations theory is the tendency of people to behave in a rational manner when presented with economic decisions. It is a widely used theory in economics.
It's states that decisions are made primarily on the basis of information available to them, human rationality and past experience.
So when market participants immediately change their actions in response to anticipated price-level changes such that no changes in real output occur, they are acting according to the rational expectations theory
XBRL assurance is generally expected to include all of the following except: Multiple Choice Assurance that the most current, standardized XBRL taxonomy is used. Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable. Assurance that the XBRL tagging is accurate and complete. Assurance that reports include all relevant financial and nonfinancial information.
Answer:
Assurance that reports include all relevant financial and nonfinancial information.
Explanation:
XBRL assurance can be regarded as opinions of auditor on a financial statement or other business report that is published in XBRL, this opinions of the auditors allows to know whether these published report or statement is
complete, relevant or accurate and fairly presented. An XBRL reportcan be regarded as "instance" and it is is an electronic file. It should be noted that XBRL assurance is generally expected to include all of the following
✓Assurance that the XBRL tagging is accurate and complete.
✓Assurance that the most current, standardized XBRL taxonomy is used.
✓Assurance that the underlying financial and nonfinancial data that is used in XBRL tagging is reliable.
At Tuxedo Park Tire and Rubber, a number of striking workers are picketing at the plant entrance. Because the picketers have started threatening people entering the plant and are vandalizing some company property, Tuxedo Park management believes it has just cause to ask the courts for a(n) ________ placing limits on the number of pickets and their actions while picketing. Multiple Choice preemptive judgment writ of contention arbitration judgment injunction
Answer:
Injunction
Explanation:
An Injunction is a court order requiring a person or a group of persons to desist from carrying out certain activities. If the person or group of persons desist from obeying the injunction, the individual(s) are in contempt of the court
Types of injunctions
Permanent InjunctionsTemporary restraining orders Preliminary injunctions.The striking workers are affecting the activities of the company they work for. The next step the company is supposed to take is to take legal actions to stop the striking workers. this can be achieved with an injunction
Al works for a company that books vacation rentals. He is a competitive person, so he needs to feel like he can bring in more customers and book more rentals than the other employees. When he is able to book more rentals than his co-workers, he feels a high level of self-respect as well as respect from others. This scenario describes how Al fulfills his ________ needs.
Answer:
esteem.
Explanation:
In 1943, Abraham Maslow a humanist psychologist in his work titled "A theory of Human Motivation" stated that five categories of human needs influences or impact the behavior of an individual.
Maslow's Hierarchy of Needs can be defined as a pyramid model which typically represents the fundamental or basic needs of an individual that are necessary and required to be met before he or she can achieve complete growth, development and self-actualization
Basically, the five (5) human needs include;
I. Physiological needs.
II. Safety needs.
III. Love and belonging needs.
IV. Esteem needs.
V. Self-actualization needs.
According to the hierarchy of needs, the esteem needs comprises of strength, confidence, respect from others, self-belief, accomplishment, self-worth, physical and social acceptance, self-respect, etc.
Hence, this scenario describes how Al fulfills his esteem needs.
Two brothers who were certified public accountants worked together at a large accounting firm practicing their chosen profession. The older brother was concerned about his younger brother's apparent inability to show up at his job by 9 a.m. each morning, sober and clear-eyed. One day, after the younger brother showed up late for work yet again, the older brother told him that if he would show up at the office sober and ready to work by 9 a.m. each morning for the next 10 months, he would pay him $15,000 at the end of that time. The younger brother accepted the offer and complied with its terms from that day forward. Nine months later, the older brother died unexpectedly. One month after that, the younger brother filed a claim with his brother's estate for the $15,000. Will the younger brother prevail in his claim
Answer: Yes. The younger brother will prevail in his claim since he has performed under a valid contract.
Explanation:
Based on the information given, the younger brother will prevail in his claim because he has performed under a valid contract.
Based on the information given, he entered into a valid contract with his elder brother, accepted the offer and complied with its terms from that day forward. Since he performed the contract, he's entitled to the $15000 when after his brother's death.
What method is generally preferred to resolve contract disputes because it saves time, money, and preserves relationships between the parties
Answer:
Alternative dispute resolution
Explanation:
Alternative dispute resolution is that way that a better alternative is chosen in resolving legal issues in civil and and commercial disputes without going to court.
This is less cumbersome, expensive, and time consuming.
There are 4 types of alternative dispute resolution: mediation, settlement, arbitration, and neutral evaluation.
Usually a third party is involved and acts as an umpire to ensure all parties are satisfied
On a production possibilities curve, a change from economic inefficiency to economic efficiency is obtained by a) movement along the curve b) movement from a point outside the curve to a point on the curve c) movement from a point inside the curve to a point on the curve d) a change in the slope of the curve
Answer:
c) movement from a point inside the curve to a point on the curve.
Explanation:
Option C is correct because the production possibilities curve shows the combination of goods produced by the economy efficiently and any point inside the curve shows the inefficiency of the economy while the point outside the curve shows that the economy can not achieve it. Therefore, change in economic inefficiency to efficiency leads to move point from inside to the point on the curve.
In 1995, Mexico joined NAFTA. U.S. tariffs on imports from Mexico and Mexican tariffs on imports from the United States are gradually being removed. How have the quantity of U.S. exports to Mexico and the U.S. government's tariff revenue from trade with Mexico changed?
Answer:
a) Increase in export
b) decrease in Tariff revenue
Explanation:
a) The Quantity of U.S exports to Mexico will increase due to the decrease in market price of goods imported from US to Mexico which is occasioned by the removal of Mexican tariffs on imports from the United states .
b) The US tariff revenue from trade with Mexico will decrease drastically
Import Tariffs are one of the ways Government generates revenue for the economy hence when these tariffs are removed the revenue generated will be non-existent .
Henna Hair Salon purchased supplies for $6,000 and debited Supplies for the full amount. At the end of the accounting period, $1,800 worth of supplies were still on hand. Identify the adjusting entry needed at the end of the period. debit Supplies $4,200; credit Supplies Expense $4,200 debit Supplies Expense $7,800; credit Supplies $7,800 debit Supplies $1,800; credit Supplies Expense $1,800 debit Supplies Expense $4,200; credit Supplies $4,200
Answer: D. debit Supplies Expense $4,200; credit Supplies $4,200
Explanation:
Based on the information given in the question, the adjusting entry needed at the end of the period will be to debit Supplies Expense $4,200 and credit Supplies $4,200.
The supplies expenses of $4200 was gotten as:
= $6000 - $1200
= $4800
Therefore, the correct option is D.
.
The combination of media, Internet, entertainment, and phone services into a single device illustrates the principal of
Answer:
digital convergence.
Explanation:
Digital convergence corresponds to a technology that guarantees the possibility of multimedia access to a single device such as a smartphone, which has text, photo, video, audio functions in one device, making access easier, simpler and faster.
It is possible, for example, to answer a work email while listening to music, all done through your cell phone.
ike started a calendar-year business on September 1st of this year by paying 12 months of rent on his shop at $650 per month. What is the maximum amount of rent that Mike can deduct this year under each type of accounting method
Answer:
$7800 under the cash method and $2600 under the accrual method
Explanation:
Calculation to determine the maximum amount of rent that Mike can deduct this year under each type of accounting method
UNDER THE CASH METHOD
Cash method=$650*12
Cash method=$7800
UNDER THE ACCRUAL METHOD
Accrual method =4 months*650
Accrual method =$2600
(September 1st to December 31st =4 months)
Therefore the maximum amount of rent that Mike can deduct this year under each type of accounting method is :$7800 under the cash method and $2600 under the accrual method
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a customer uses a credit card to pay McGregor $1,300 for services provided, McGregor would:
Answer:
Debit Service fees expenses $39
Explanation:
The journal entry is shown below:
Cash account $1,261
Service fees expenses (3% of $1,300) $39
Service revenue $1,300
(Being the cash is recorded)
here cash and expense is debited as it increased the assets and expense and credited the service revenue as it also increased the revenue
Because of vast differences between different regions, multinational corporations often use ______ departmentalization.
Answer:
geographic departmentalization.
Explanation:
It is correct to say that multinational corporations tend to use geographic departmentalization due to the large differences between different regions.
The geographic departmentalization corresponds to a strategy where a company uses a form of structure oriented to a region, that is, it allows the operationalization to be more effective in a region that has greater demand or needs a physical office to better and faster service its customers.
A Target retail store in Phoenix, Arizona stocks CDs with Spanish-speaking singers because its shoppers want to buy this type of item, even though the typical Target store does not stock this item. This is an example of:
Answer:
Managing diversity.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
The example in this scenario depicts managing diversity because the product isn't tailored to a particular language rather it's multilingual.
which type of approach to manufacturing tries to anticipate customer demand when deciding how much to produce and when
Answer:
Push manufacturing.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Push manufacturing is a type of approach to manufacturing that typically tries to anticipate customer demand when deciding how much to produce and when. Thus, its required that a manufacturer anticipate the demand of consumers when using the push manufacturing approach.
Under a fixed exchange rate regime, the government of the country is officially responsible for ___
Answer:
D. all of the above
Explanation:
THESE IS THE COMPLETE QUESTION BELOW;
Under a fixed exchange rate regime, the government of the country is officially responsible for
A) intervention in the foreign exchange markets using gold and reserves.
B) setting the fixed/parity exchange rate.
C) maintaining the fixed/parity exchange rate.
D) all of the above.
A fixed exchange rate can be regarded as regime that is been applied by either government or central bank , which is responsible for tieing official currency exchange rate of a country to that of another currency of a country or the price of gold. Government use fixed exchange rate system to keep within a narrow band the value of currency. It should be noted that Under a fixed exchange rate regime, the government of the country is officially responsible for;
✓ maintaining the fixed/parity exchange rate.
✓intervention in the foreign exchange markets using gold and reserves.
✓setting the fixed/parity exchange rate.
_____ is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
Answer:
Enterprise resource planning is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
Enterprise Resource Planning (ERP) is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.
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If aggregate quantity demanded is greater than aggregate quantity supplied at a particular price level, then
Answer:
Shortage
Explanation:
Then it is a situation of shortage because when there is more demand but supply is less then the difference between the demand and supply is called the shortage. Thus, excess demand over supply creates the shortage in the market.
Scope describes the full length of time required to complete a project. Group of answer choices True False
Answer:
False
Explanation:
Project scope can be regarded as part of project planning which involves determining as well as documenting listed particular project , tasks, deadlines as well as goals and the cost and deliverables. The documentation of scope of a project is is called a scope statement, this elaborate the boundaries of the project as well as establishment of responsibilities that is required by each team member, then
sets up procedures for verification and approval of of completed work. The scope shed light clearly on project goals which are measurable
realistic and obtainable, it it gives a clear vision and specifies about what is expected as well as when it is expected, and the exoected cost, it also specifies the deliverables as well as milestones and needed resources.
Knowledge Check 01 Cost-volume-profit analysis is used to predict how changes in _____ levels affect profit. multiple choice fixed and variable production and sales costs and sales sales and production
Answer:
High
Explanation:
because the change of volume profit is always increase.
_______________ target ultimate consumers while _______________ target members of the marketing channel.
Answer:
b
Explanation:
bc
A market situation where all participants have an incentive to exploit a resource yet no one can limit anyone else's access to that resource, resulting in over-exploitation, can be described as a(n)
Answer:
Tragedy of the Commons
Explanation:
The tragedy of the commons refers to a situation where the individual could access to the resources that are shared for their own interest.
So it is the market situation where the participant expolited the resources also there is no limited for accessing the resources
So the above term should be considered for the given situation
The Federal Reserve mandates banks to deposit a certain percentage of their ______ as required reserves at their regional Federal Reserve Bank.
Answer:
deposits
Explanation:
Luebke Incorporated has provided the following data for the month of November. The balance in the Finished Goods inventory account at the beginning of the month was $55,000 and at the end of the month was $30,300. The cost of goods manufactured for the month was $213,500. The actual manufacturing overhead cost incurred was $55,900 and the manufacturing overhead cost applied to Work in Process was $59,200. The company closes out any underapplied or overapplied manufacturing overhead to cost of goods sold. The adjusted cost of goods sold that would appear on the income statement for November is:
Answer:
234,900
Explanation:
Calculation to determine what The adjusted cost of goods sold that would appear on the income statement for November is:
First step is calculate the Over applied overhead
Over applied overhead = $59,200-$55,900
Over applied overhead = 3300
Second step is calculate the Unadjusted cost of goods sold
Unadjusted cost of goods sold = 55000+$213,500-30,300
Unadjusted cost of goods sold= 238,200
Now let determine the Adjusted cost of goods sold
Adjusted cost of goods sold = $238,200-3300
Adjusted cost of goods sold= 234,900
Therefore The adjusted cost of goods sold that would appear on the income statement for November is:234,900
Mr. Grove is particularly concerned about the best policies for creating good-paying jobs in the United States. He noted there is a lot of awareness of, and thus funding going toward, starting new companies in the U.S. What does he think is a better use of the financial resources of the United States in this regard
Answer: incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars.
Explanation:
An incentive is the “cash or near-cash assistance that's provided in order to either retain or attract business operations.
Following the information given in the question, Mr Grove believes that incentives to invest in large-scale projects built within the U.S., such as building batteries for electric cars will be a better use of the financial resources of the country.
