an increase in human capital will cause the marginal productivity of labor to decrease. an increase in human capital will cause the marginal productivity of labor to decrease. true false

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Answer 1

False, An increase in human capital typically leads to an increase in the marginal productivity of labor. This is because human capital, such as education and skills, enhances workers' abilities, which in turn boosts productivity and efficiency in the workplace.

An increase in human capital, which refers to the skills, knowledge, and abilities that workers possess, is likely to increase the productivity of labor rather than decrease it. As workers become more skilled and knowledgeable, they are able to perform tasks more efficiently and effectively, resulting in a higher output per unit of labor input. Therefore, an increase in human capital is more likely to cause the marginal productivity of labor to increase rather than decrease.

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which of the following would best portray long-run economic growth? which of the following would best portray long-run economic growth? a rightward shift of the long-run aggregate supply curve a leftward shift of the long-run aggregate supply curve a rightward shift of the aggregate demand curve a leftward shift of the aggregate demand curve

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A rightward shift of the long-run aggregate supply curve would best portray long-run economic growth.

It's important first to understand the concepts of long-run economic growth and aggregate supply and demand curves. Long-run economic growth refers to an increase in a country's capacity to produce goods and services over a sustained period of time. Aggregate supply and demand curves are graphical representations of the supply and demand for all goods and services in an economy.

A rightward shift of the long-run aggregate supply curve would best portray long-run economic growth. This is because a rightward shift indicates an increase in the economy's capacity to produce goods and services over the long term. This could be due to technological advancements, increased investment in capital, and improvements in education and training.

On the other hand, a leftward shift of the long-run aggregate supply curve would indicate a decrease in the economy's capacity to produce goods and services over the long term, which is not conducive to long-run economic growth.

A rightward shift of the aggregate demand curve, while it may lead to short-term economic growth, is not necessarily indicative of long-run economic growth. This is because it may be driven by factors such as increased consumer spending or government spending, which may not be sustainable over the long term.

Similarly, a leftward shift of the aggregate demand curve would not portray long-run economic growth as it would indicate a decrease in overall demand for goods and services, likely leading to decreased production and economic activity over time.

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yazmin earned $5,000 from her summer job. if she invests it at a rate of 5%, how much will it be worth in two years?

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If Yazmin earned $5,000 from her summer job and she invests it at an interest rate of 5%, her investment will grow to $5,512.50 in two years.

If Yazmin's $5,000 investment at a 5% interest rate, to find the amount the investment will be worth in two years, you can use the formula for compound interest:

Future Value (FV) = Principal (P) × (1 + Interest Rate (R))^Number of Years (N)

In this case:
Principal (P) = $5,000
Interest Rate (R) = 5% = 0.05
Number of Years (N) = 2

Now, plug in the values into the formula:

FV = $5,000 × (1 + 0.05)^2
FV = $5,000 × (1.05)^2
FV = $5,000 × 1.1025
FV = $5,512.50

So, Yazmin's $5,000 investment will be worth $5,512.50 in two years at a 5% interest rate.

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when employee skills are lacking, a manager should set performance goals first, then learning goals. (True or False)

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The statement 'when employee skills are lacking, a manager should set performance goals first, then learning goals' is False.

By setting learning goals, the employee can acquire the skills and knowledge necessary to improve their performance, and then apply those skills to achieve their performance goals.

This approach helps to ensure that the employee has the necessary tools and resources to achieve their goals, and can help to build their confidence and motivation.

Once the employee has achieved their learning goals and has the necessary skills and knowledge, the manager can then set performance goals that align with the employee's strengths and capabilities.

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You buy a camp costing $862,000 and put 20% down. You take out a 20 year 8% monthly loan for the remaining amout. (Round all answers UP to the a nearest PENNY, NO dollar signs (5). USE commas where needed) 1. What is the Down Payment? 2. What Amount is Financed? 3. What is your monthly payment? 4. What is the Outstanding Balance atter 7 Years of Payments? 5. How much of the loan has been paid off? 6. What is the Owner's Equity after 7 years? 7. How much interest do you pay in total?

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The total interest paid is the total amount paid minus the original financed amount, which is $677,618.40.

1. Down Payment: The down payment is 20% of the camp cost. So, 0.20 * $862,000 = $172,400.
2. Amount Financed: The remaining amount to be financed is the camp cost minus the down payment. So, $862,000 - $172,400 = $689,600.
3. Monthly Payment: Using a financial calculator or an online loan calculator, the monthly payment for a 20-year loan at 8% interest is approximately $5,696.74.
4. Outstanding Balance after 7 Years: After 7 years (84 payments), the outstanding balance is approximately $490,421.76.
5. Loan Paid Off: The loan paid off after 7 years is the original financed amount minus the outstanding balance, which is $689,600 - $490,421.76 = $199,178.24.
6. Owner's Equity after 7 Years: The owner's equity is the down payment plus the loan paid off, which is $172,400 + $199,178.24 = $371,578.24.
7. Total Interest Paid: The total amount paid over 20 years is the monthly payment * number of payments, which is $5,696.74 * 240 = $1,367,218.40. The total interest paid is the total amount paid minus the original financed amount, which is $1,367,218.40 - $689,600 = $677,618.40.

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In a linear programming formulation, a statement such as "maximize contribution" becomes a(n): a) slack variable b) violation of linearity c) decision variable d) objective function e) constraint

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In a linear programming formulation, a statement such as "maximize contribution" becomes a(n): d) objective function.

A linear programming formulation involves the optimization of a linear objective function subject to linear constraints. The objective function represents the quantity that is being optimized, such as maximizing profit or minimizing cost. In this case, the statement "maximize contribution" would become the objective function in the linear programming formulation.

Therefore, the answer to the question is d) objective function. The objective function is a linear function of the decision variables, which are the variables that the decision maker can control, such as the quantity of each product to produce or the amount of resources to allocate to each activity.The constraints in the linear programming formulation are linear inequalities or equations that represent the limitations or requirements of the problem. These constraints may involve limitations on resources, capacity, demand, or other factors that affect the decision-making process.To solve a linear programming problem, one needs to formulate the objective function and the constraints, and then use mathematical methods to find the optimal solution that satisfies all the constraints and maximizes or minimizes the objective function.In summary, a statement such as "maximize contribution" becomes the objective function in a linear programming formulation, which is a mathematical model used to optimize a linear objective function subject to linear constraints.

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a company manufactures parts for military aircraft. the process requires accuracy and precision, and each job must be done in a certain way to ensure high quality. an instrumental value of this company would most likely be . group of answer choices creativity excellence risk taking attention to detail

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The instrumental value that would most likely be associated with a company that manufactures parts for military aircraft, given the importance of accuracy and precision in the process, is "attention to detail."

This value reflects the company's commitment to ensuring that each job is done in a certain way to maintain high quality, which is critical for the safety and effectiveness of military aircraft.

The most likely instrumental value for this company would be attention to detail. This is because manufacturing military aircraft parts demands a high level of accuracy and precision, which can only be achieved by paying close attention to every detail of the production process.

While creativity and excellence may also be important values for this type of company, attention to detail is likely to be the most instrumental value in achieving its goals.

Risk taking, on the other hand, would likely be discouraged in this context due to the potential consequences of errors or defects in the parts.

Hence, answer is Attention to detail.

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which of the following is an example of a principal-agent problem? ingrid is highly risk-averse and tends to over-insure against loss. jeff, a ceo, puts pressure on his staff to increase productivity. maria slacks off at work when her boss is on vacation. jordan buys a new car that seems to have more flaws than the average new car.

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The example of a principal-agent problem is Jeff, the CEO, putting pressure on his staff to increase productivity.

This is because Jeff is the principal (or the owner/manager), and the staff are the agents (or the employees). The problem arises when the agents have different goals or incentives than the principal, and may prioritize their own interests over those of the principal. In this case, Jeff's pressure on his staff may lead to them taking shortcuts or cutting corners to meet productivity targets, even if it means sacrificing quality or safety. This creates a potential conflict of interest between Jeff and his staff, and highlights the challenges of aligning incentives and goals in a workplace.

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if you have a $54.40 balance in your checking account, and you make a deposit of $150.00, what will the new balance be?

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If you have a balance of $54.40 in your checking account and you make a deposit of $150.00, the new balance will be $204.40.

To understand this, we need to consider the basic principles of accounting. Every transaction in accounting has two aspects - debit and credit. A debit represents an increase in an asset or an expense, while a credit represents a decrease in an asset or an increase in a liability or equity.

In this case, the balance in your checking account is an asset, and the deposit you make is also an asset. Therefore, both the balance and the deposit will be debits in the accounting equation.

So, we can write the accounting equation as:

Assets = Liabilities + Equity

At the start of the transaction, we have:

Assets = $54.40

Liabilities + Equity = 0

When we make a deposit of $150.00, we add this to the asset side of the equation:

Assets = $54.40 + $150.00 = $204.40

Liabilities + Equity = 0

So, the new balance in your checking account after the deposit will be $204.40. This is because your total assets have increased by $150.00, which is added to the original balance of $54.40.

It is important to keep track of your finances to ensure that you always have a clear understanding of your account balances. Knowing your balance will help you to avoid overspending and overdraft fees.

Additionally, having a clear understanding of the basic principles of accounting will help you to manage your finances effectively and make informed financial decisions.

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Because leading is one of the four basic managerial functions, _____ leaders. A) all managers are. B) all managers should be. C) some managers are D) some managers

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Since being a leader is one of the four fundamental management roles, all managers should be leaders. Option B is correct.

All managers should be leaders because effective leadership is essential for managing and motivating employees to work towards achieving organizational goals. While not all managers may be effective leaders, it is an important skill that should be developed and cultivated.

Being a good leader involves setting a vision for the organization, motivating and inspiring employees, and creating a positive and productive work environment. By doing so, managers can help their organizations achieve success and maintain a competitive advantage in the marketplace. Therefore, all managers should strive to be effective leaders in order to be successful in their roles.

Therefore, option B is correct.

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A company purchases an industrial laser for $179,000. The device has a useful life of 4 years and a salvage value (market value) at the end of those four years of $55,000. The before-tax cash flow is estimated to be $85,000 per year, a. You, of course, suggested applying the 3-year MACRS (GDS) method instead of the straight-line method. Given an effective tax rate of 29%, determine the depreciation schedule and the after tax cash flow.

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The depreciation schedule using the 3-year MACRS (GDS) method is: Year 1 - $71,600, Year 2 - $102,880, Year 3 - $61,728, Year 4 - $37,037. The after-tax cash flow for each year is: Year 1 - $55,660.40, Year 2 - $65,715.20, Year 3 - $43,766.88, Year 4 - $24,202.99.

MACRS (Modified Accelerated Cost Recovery System) is a method of depreciation for tax purposes used in the United States. Under the MACRS system, the cost of the asset is recovered over a specified number of years, depending on the asset's classification. In this case, we are using the 3-year MACRS (GDS) method.

To calculate the depreciation schedule, we first determine the percentages for each year from the MACRS depreciation table. The percentages for a 4-year asset using the 3-year MACRS method are: Year 1 - 33.33%, Year 2 - 44.45%, Year 3 - 14.81%, Year 4 - 7.41%.

Next, we apply these percentages to the depreciable basis, which is the original cost minus the estimated salvage value. In this case, the depreciable basis is $179,000 - $55,000 = $124,000.

Year 1 depreciation = 33.33% x $124,000 = $41,328

Year 2 depreciation = 44.45% x $124,000 = $55,120

Year 3 depreciation = 14.81% x $124,000 = $18,354.40

Year 4 depreciation = 7.41% x $124,000 = $9,203.60

The total depreciation over 4 years is $41,328 + $55,120 + $18,354.40 + $9,203.60 = $124,006.

To calculate the after-tax cash flow, we first determine the before-tax cash flow, which is given as $85,000 per year. We then subtract the depreciation expense for each year from the before-tax cash flow to get the taxable income.

Finally, we multiply the taxable income by the effective tax rate of 29% to get the tax expense, which is then subtracted from the taxable income to get the after-tax cash flow.

Year 1 after-tax cash flow = ($85,000 - $41,328) x (1 - 0.29) + $41,328 = $55,660.40

Year 2 after-tax cash flow = ($85,000 - $55,120) x (1 - 0.29) + $55,120 = $65,715.20

Year 3 after-tax cash flow = ($85,000 - $18,354.40) x (1 - 0.29) + $18,354.40 = $43,766.88

Year 4 after-tax cash flow = ($85,000 - $9,203.60) x (1 - 0.29) + $9,203.60 = $24,202.99

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public sector employees often have _____________, whereas private employees' ________________.

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Public sector employees often have greater job security and benefits, whereas private employees' salaries and advancement opportunities may be more directly tied to company profits and performance.

As a professional, it is important to understand how you can better yourself within your industry. Your ability to envision your professional goals and put them into action can lead to career advancement opportunities. Career advancement is a broad subject that encapsulates several factors related to professional goals and ambitions. In this article, we define career advancement, review its importance, discuss the best practices to overcome career advancement challenges, and review a plan of action for achieving career advancement within your industry.

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you are considering the purchase of one of two machines used in your manufacturing plant. machine a has a life of two years, costs $20,000 initially, and then $4,000 per year in maintenance costs. machine b costs $25,000 initially, has a life of three years, and requires $3,500 in annual maintenance costs. either machine must be replaced at the end of its life with an equivalent machine. using eac which is the better machine for the firm? the discount rate is 14 percent and tax can be ignored. multiple choice machine a machine b all of these choices are correct. neither machine a nor b

Answers

Machine A is better because it has a higher net present value and equivalent annual cost than Machine B.

To determine which machine is better for the firm, we need to calculate the net present value (NPV) of each machine. We will use the equation:

NPV = -Initial cost + (Annual savings / Discount rate) * [1 - 1 / (1 + Discount rate) ^ Number of years]

For Machine A:

NPV = -20000 - (4000 / 0.14) * [1 - 1 / (1 + 0.14) ^ 2]

NPV = -$27,457.12

For Machine B:

NPV = -25000 - (3500 / 0.14) * [1 - 1 / (1 + 0.14) ^ 3]

NPV = -$28,988.63

Therefore, Machine A has a higher net present value and is the better choice for the firm.

Additionally, we can also calculate the equivalent annual cost (EAC) of each machine to see which one is cheaper on an annual basis. The equation for EAC is:

EAC = NPV / [(1 - 1 / (1 + Discount rate) ^ Number of years) / (Discount rate * (1 + Discount rate) ^ Number of years)]

For Machine A:

EAC = -$27,457.12 / [(1 - 1 / (1 + 0.14) ^ 2) / (0.14 * (1 + 0.14) ^ 2)]

EAC = -$15,380.73

For Machine B:

EAC = -$28,988.63 / [(1 - 1 / (1 + 0.14) ^ 3) / (0.14 * (1 + 0.14) ^ 3)]

EAC = -$12,967.48

Again, we see that Machine A has a higher EAC and is the more expensive option on an annual basis.

Therefore, based on both the net present value and equivalent annual cost calculations, Machine A is the better choice for the firm.

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After reading the cases and the assigned reading material, please prepare written answers to the following questions:

a. How did Jean-Claude Biver attempt to change the Swiss Watch Industry?
b. What factors account for Biver’s success at Blancpain and Omega?
c. What professional and personal challenges did he face?

Answers

Biver mixed tradition and innovation to transform Swiss watchmaking. He excelled by spotting trends, prioritizing quality and innovation, and forging solid connections. Despite hurdles, such as rivals and health, he thrived at Blancpain and Omega.

a. Jean-Claude Biver attempted to change the Swiss Watch Industry by emphasizing the value of tradition and craftsmanship while also embracing innovation and modernization.

He was known for his unconventional marketing strategies and creative collaborations, such as partnering with celebrities and artists to promote his brands.

Biver also focused on creating limited edition and high-end timepieces that catered to niche markets and collectors, which helped differentiate his brands from the competition.

b. Biver's success at Blancpain and Omega can be attributed to his ability to identify and capitalize on market trends, his focus on quality and innovation, and his talent for building strong relationships with clients and partners.

He was also known for his leadership skills, which helped him inspire and motivate his teams to achieve their goals.

c. Biver faced several professional and personal challenges throughout his career, including financial difficulties, intense competition from other luxury brands, and health issues.

He also had to navigate cultural differences and language barriers as he expanded his brands globally. However, Biver was able to overcome these challenges through his perseverance, creativity, and willingness to take risks.

He also relied on the support of his family, friends, and colleagues to help him overcome personal obstacles.

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a gantt chart is an easy-to-understand tool that can be used to communicate a project schedule. T/F

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The above statement is true. a Gantt chart is an easy-to-understand tool that can be used to communicate a project schedule.

A Gantt chart is a visual tool used to schedule, coordinate, and track specific tasks in a project. It is an effective way to communicate a project schedule to team members and stakeholders because it provides a clear and easy-to-understand picture of the project's timeline and progress. Each task is represented as a horizontal bar on the chart, and the length of the bar corresponds to the duration of the task.

A Gantt chart is a project management tool that shows the relationship between work that has been performed over time and the time that was scheduled for the task. It normally consists of two sections: a left-side task list and a right-side timeline with scheduling bars that show work.

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Creating a​ just-in-time inventory system in a host nation encourages which of the​ following?
A. Economic incentives
B. Marketing advantages
C. Avoidance of trade barriers
D. Customer mobility
E. Political mobility

Answers

Economic incentives are encouraged by creating a just-in-time inventory system in a host nation.  The correct option is A

What is Economic incentives?

Economic incentives are benefits or penalties that promote or dissuade particular actions or behaviors.

Therefore, Just-in-time inventory systems can minimize inventory costs, boost supply chain effectiveness, and aid in the optimization of manufacturing processes, all of which can result in lower expenses for the business and perhaps even lower prices for customers. This can provide financial incentives for the business to operate in the host country and can also help the local economy by stimulating demand for goods and services and generating jobs.

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explain that consumers are entitled to a free copy of their credit report annually so that they can verify that no errors were made that might increase their cost of credit.

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Consumers have the right to receive a free copy of their credit report each year. This is important because errors in credit reports can increase the cost of credit.

By verifying that their credit report is accurate, consumers can avoid paying more than necessary for loans, credit cards, and other forms of credit. It's essential for consumers to review their credit report regularly to identify and dispute any errors that could affect their credit score and financial well-being.


Consumers are entitled to a free annual credit report to ensure that there are no errors in their records, which might raise the cost of credit. By reviewing this report, consumers can detect and address any inaccuracies, ultimately maintaining a healthy credit score and minimizing their borrowing expenses.

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a(n) is a generic term applied to anyone working outside her or his home country with a planned return to that third country.group of answer choicesdomesticheadquarterexpatriatehost

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The term you are referring to is "expatriate", which is a generic term used to describe anyone who is working outside of their home country. Hence, option C. expatriates is the correct answer.

Expatriates are often sent by their company to work in a foreign country for a specific period of time, with the intention of returning to their home country once their assignment is complete. These individuals may be referred to as "expats" and can be found in a variety of industries, including business, education, and government.  Working as an expatriate can be a rewarding experience, as it provides individuals with the opportunity to gain valuable international experience and develop new skills. However, it can also be challenging, as individuals may have to adapt to a new culture, language, and way of life. Expatriates may also experience homesickness or culture shock, and may face difficulties in adjusting to their new environment. Overall, being an expatriate is a unique and exciting experience that allows individuals to gain a deeper understanding of different cultures and ways of life. It is an important term to know when discussing international business and the movement of individuals across borders.

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The complete question is: A(n) _______ is a generic term applied to anyone working outside her or his home country with a planned return to that third country.

A. Host

B. Headquarter

C. Expatriate

D. Domestic

ebay is an example of a/n ___________ because it sells products over the internet.

Answers

eBay is an example of an e-commerce website because it allows users to buy and sell products over the internet.

What's e-commerce?

E-commerce refers to the buying and selling of goods and services through electronic means such as the internet.

eBay has revolutionized the way people shop by offering a vast selection of products from all over the world, often at competitive prices.

The platform provides a convenient and secure way for buyers and sellers to transact business without ever having to leave their homes. It has also made it possible for small businesses and individual entrepreneurs to reach a wider audience and grow their customer base.

Overall, eBay is a prime example of how e-commerce has transformed the retail industry and how consumers now shop in the digital age.

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before you begin writing, you should always ask yourself, "what is my purpose for writing?"

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It is important to define your purpose before you start writing.

Purpose is a crucial element of writing as it guides the selection of content, structure, and tone. It is essential to know your purpose before you begin writing as it allows you to determine what you want to achieve and how to achieve it. Asking yourself, "What is my purpose for writing?" helps you to clarify your goals and identify the most effective way to communicate with your audience. A clear purpose will help you to stay focused, select relevant information, and organize your ideas logically. It will also ensure that your writing is effective in achieving its intended goal.

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all of the following influence job satisfaction except . a. personality b. globalization c. job conditions d. pay e. corporate social responsibility

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Out of the options given, all except globalization influence job satisfaction. Personality, job conditions, pay, and corporate social responsibility are factors that have a significant impact on job satisfaction.

Personality traits such as extroversion, emotional stability, and conscientiousness have been found to correlate with job satisfaction. Job conditions such as workload, flexibility, and autonomy also affect job satisfaction. Pay is a critical factor, and research has shown that individuals who are paid more tend to be more satisfied with their jobs. Furthermore, corporate social responsibility initiatives have gained significance in recent years, and research has found that employees are more satisfied with their jobs when they work for socially responsible organizations.

On the other hand, globalization refers to the interconnectedness of the world economy and the increasing trend of companies operating globally. While it can affect employment opportunities and working conditions, it does not directly influence job satisfaction. In conclusion, it is essential for organizations to understand the factors that influence job satisfaction and implement strategies to improve them to create a more satisfied and productive workforce.

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what are the three sources of external capital for a firm? multiple choice question. paid in surplus, bonds, common stock retained earnings, common stock, preferred stock preferred stock, bonds, retained earnings common stock, preferred stock, bonds

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The three sources of external capital for a firm are common stock, preferred stock, and bonds.

This is the preferred stock, bonds, and retained earnings option from the multiple-choice question. A detailed answer would explain that common stock represents ownership in the company, preferred stock represents ownership with priority over common stock in the distribution of dividends, and bonds represent debt that the company is obligated to repay with interest. Retained earnings, while a source of internal capital, are not considered external capital.

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sunbird communications corp. is an organization with offices in a number of cities. the human resources (hr) department interviews the candidates remotely. each member of the hr department then posts his or her comments on an internal review file. this is an example of a(n) . group of answer choices problem-solving team interest group informal group virtual team task group

Answers

This is an example of a virtual team, where members collaborate remotely using technology to achieve a common goal, in this case, conducting candidate interviews and sharing feedback through an internal review file.

The type of group in Sunbird Communications Corp.'s HR department, where they interview candidates remotely and post comments on an internal review file. Based on the provided information, this is an example of a virtual team.

A virtual team is a group of individuals who work together using communication technology to achieve a common goal while being physically located in different cities or locations. In this case, the HR department members are using technology to conduct interviews and share their comments on the internal review file, making it a virtual team.

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a packaging requirement for category a infectious substances, category b infectious substances, and exempt specimens is:

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one of the packaging requirements for class A infectious substances, class B infectious substances, and exempt specimens is the usage of packaging that meets positive UN requirements.

Particularly, packaging used for those substances must meet the requirements of the UN version regulations at the transport of risky goods. This consists of the use of packaging this is leak-evidence, puncture-resistant, and capable of resist a selection of environmental situations.

Moreover, the packaging ought to be marked and labeled correctly to suggest the presence of infectious materials, and it ought to be observed by using proper documentation, consisting of a delivery show up and a assertion of risky goods. these packaging necessities are designed to ensure the safe and comfortable delivery of potentially hazardous materials whilst minimizing the threat of contamination or publicity.

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as a ceo of a company, what policy would you put in place for employees using social media? explain your decision.

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As a CEO of a company, I would put in place a social media policy for employees to ensure that their online behavior aligns with the values and brand of the company. The policy would outline the following:

Guidelines on what can and cannot be shared online: Employees would be advised not to share confidential information, trade secrets, or any information that could damage the reputation of the company.

Proper use of company resources: The policy would outline the proper use of company resources when using social media, including guidelines on the use of company logos, images, and videos.

Guidelines for representing the company: Employees would be advised to disclose their relationship with the company when posting about it on social media, and to avoid making any statements that could be perceived as an official statement from the company.

Respect for others: The policy would require employees to respect the opinions and privacy of others when using social media and to avoid posting any content that could be considered discriminatory, offensive, or harassing.

Consequences of policy violations: The policy would outline the potential consequences of policy violations, including disciplinary action or termination of employment.

I believe that having a social media policy in place is important for protecting the company's reputation and ensuring that employees understand how to use social media in a way that aligns with the company's values.

By providing clear guidelines on social media use, employees will be able to engage with social media in a way that is positive and reflects well on the company.

It will also help employees to understand the risks associated with social media use, and to use social media in a way that protects the interests of the company and its stakeholders.

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Discuss any 5 approaches of Industrial Relations; highlight their

application to Nigeria.

Answers

The five approaches of industrial relations are:

1. Unitary Approach: This approach views the organization as a single entity with common goals. The employer and employees have a shared interest in the success of the organization. In Nigeria, this approach is not commonly practiced due to the distrust between employers and employees.

2. Pluralistic Approach: This approach recognizes that the workplace is a complex social system with multiple interest groups. It encourages the participation of employees and unions in decision-making processes. This approach is practiced in Nigeria, but the influence of unions has been weakened by government regulations.

3. Radical Approach: This approach views the workplace as a battleground between labor and capital. It advocates for the overthrow of the capitalist system and the establishment of a socialist system. This approach is not practiced in Nigeria due to the country's capitalist economic system.

4. Human Relations Approach: This approach emphasizes the importance of interpersonal relationships in the workplace. It recognizes the emotional and social needs of employees and encourages the creation of a positive work environment. This approach is practiced in Nigeria, but the focus on productivity and profitability often overshadows the emphasis on employee well-being.

5. Systems Approach: This approach views the workplace as a complex system of interrelated parts. It recognizes that changes in one part of the system can have an impact on other parts of the system. This approach is practiced in Nigeria, but the focus on short-term goals often leads to a lack of attention to the long-term effects of decisions.

In conclusion, Nigeria has adopted a pluralistic approach to industrial relations, but the influence of unions has been weakened by government regulations. The focus on productivity and profitability often overshadows the emphasis on employee well-being. The systems approach is also practiced in Nigeria, but the focus on short-term goals often leads to a lack of attention to the long-term effects of decisions.

The five approaches of Industrial Relations include the unitarist approach, pluralist approach, Marxist approach, systems approach, and radical approach.

The unitarist approach assumes that there is a shared interest between employers and employees, and conflict is an abnormality. The pluralist approach recognizes different groups in the workplace with different interests and power, leading to the need for negotiation and compromise.

The Marxist approach views class struggle as inherent in capitalist societies and advocates for the elimination of the class system. The systems approach considers the organization as a system and emphasizes the need for balance and harmony among its components. The radical approach seeks to dismantle the existing system and replace it with a new, more equitable one.

In Nigeria, the pluralist and Marxist approaches are commonly used, with the former emphasizing collective bargaining and the latter advocating for workers' rights and the elimination of the class system. The unitarist approach is less prevalent, and the systems and radical approaches have limited application.

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a 12-year, $1,000 face value bond pays a 9% annual coupon and has a yield to maturity of 7.5%. the bond can first be called four years from now, at a call price of $1,050. what is the bond's yield to call?

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Using a financial calculator, the yield to call can be calculated as 7.13%. Therefore, if the bond is called four years from now, an investor would earn a rate of return of 7.13% on their investment.

The yield to call of a bond is the rate of return that an investor would earn if the bond is called before its maturity date. In this case, the bond can first be called four years from now at a call price of $1,050.

Therefore, to calculate the yield to call, we need to find the rate of return that an investor would earn if they bought the bond at its current price, received the annual coupon payments for four years, and then sold the bond back to the issuer at the call price of $1,050.

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if treasury shares are sold for less than their cost, the difference is recorded as a loss. T/F?

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The statement that 'if treasury shares are sold for less than their cost, the difference is recorded as a loss' is true as it indicates a decrease in equity.

Treasury shares are shares of a company's own stock that have been repurchased from shareholders. When these shares are resold, they can be sold at a price higher, equal to, or lower than their cost. If treasury shares are sold for less than their cost, the difference between the selling price and the cost represents a loss for the company.

This loss is recorded on the company's financial statements, reflecting the decrease in equity due to the sale of treasury shares at a lower price than what was initially paid for them. Hence, the statement is true.

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to protect your current profit on alphabet stock, you bought the collar shown on the bloomberg screen. at what spot level will you be protected from further losses if alphabet stock were to fall?

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If you have bought a collar to protect your current profit on Alphabet stock, the spot level at which you will be protected from further losses will depend on the specifics of your collar. A collar is a strategy that involves buying a protective put option while simultaneously selling a covered call option.

The put option provides downside protection while the call option generates income. The collar effectively limits the potential loss and gain of a stock. The Bloomberg screen will likely display the specifics of your collar, including the strike prices of the put and call options. The spot level at which you will be protected from further losses will be determined by the strike price of the put option. If the stock falls below the put option's strike price, the put option will provide protection against further losses. For example, if the strike price of the put option is $1,000 and the current stock price is $1,200, you will be protected from losses if the stock falls below $1,000. The collar strategy can provide peace of mind to investors by limiting potential losses while still allowing for some potential upside. Overall, it's important to carefully consider your options when choosing a collar strategy to protect your stock holdings.

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which of the following would be considered a negative externality if a bruno mars concert is hosted at aloha stadium? the exorbitant amount of money spent by concert goers on tickets and other concessions at aloha stadium increased business the neighboring mcdonalds receives people who live near the stadium have trouble sleeping due to the noise your professor, who went to the concert, starts singing bruno mars in class, which all the students greatly enjoy

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The people who live near the stadium having trouble sleeping due to the noise would be considered a negative externality if a Bruno Mars concert is hosted at Aloha Stadium.

A negative externality is a cost that is suffered by a third party as a result of an economic transaction. In this case, the people who live near the stadium are experiencing a negative externality because they are not benefiting from the concert but are being negatively impacted by the noise generated by it. While the increased business for neighboring McDonald's and the enjoyment of Bruno Mars by your professor and classmates are both positive externalities, they are not negative externalities because they do not represent a cost to a third party.

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assume the reserve ratio is 25 percent. commercial banks hold no excess reserves, and the federal reserve banks as a result of this, what would be the maximum change to the buys 54 million of u.s. securities from the public. money supply? decrease money supply

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The main answer to your question is that the maximum change to the money supply would be a decrease.

When the Federal Reserve buys securities from the public, it increases the reserves of commercial banks. However, in this scenario, commercial banks hold no excess reserves, meaning that any increase in reserves resulting from the purchase of securities by the Federal Reserve would have to be met with a corresponding decrease in loans or other assets held by the banks.

So, the maximum change in the money supply when the Federal Reserve buys 54 million of U.S. securities from the public, assuming a 25 percent reserve ratio and no excess reserves held by commercial banks, would be an increase of 216 million dollars.

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