because their responsibilities are based around planning and organizing, the most important set of skills for top managers are .

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Answer 1

Conceptual skills are the most important skills for top managers because thier responsibilites are based around planning, organizing and execution.

Conceptual skills are basically those thinking skills that grasp ideas that are complex in nature and then come up with answers to difficult problems. These skills are considered very important for top managers as they will help to find the solutions to different challenges. For management these skills require the ability to make quick decisions, where required because the responsibilities of top managers sorround planning, organizing etc.

Some types of conceptual skills include decision-making, critical thinking, logical thinking and multitasking. As top managers must look at the company's operations from a business standpoint, with realistic expectations and planning and organizing is their main responsibility, it is very important that managers can apply new concepts and bring change.

These skills not only allow top managers to visualize the organization and implement new ideas in the organization. Having conceptual skills allows the top managers to understand the impact of company decisions and see a clear picture as it impacts departments and individual employees.

Therefore conceptual skills are important management skills.

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Related Questions

An email usually is short in length and very direct. True? Or False?

Answers

Answer:

True

Explanation:

Based off of basic format of an email, you want to state your purpose for emailing this person or subject clearly and in a concise way. So therefore, this answer is True! Hope this helps!

how is opening a 2nd store a good method of research and will will it help the business?

Answers

Answer:

opening a second store is a good method of business because people will think, "oh this is a successful business because they have more than one locations." It will help the business by bringing in  more customers.

Explanation:

the dallas development corporation is considering the purchase of an apartment project for $100,000. they estimate that they will receive $15,000 at the end of each year for the next 10 years. at the end of the 10th year, the apartment project will be worth nothing. required: a. if dallas purchases the project, what will be its internal rate of return, compounded annually? note: do not round intermediate calculations and round your final answer to 2 decimal places. b. if the company insists on an 8 percent return compounded annually on its investment, is this a good investment?

Answers

The internal rate of return is  8.14%.

The investment is still a good investment.

What is the internal rate of return?

The internal rate of return is a capital budgeting method that is used to determine the profitability of a project. It is the discount rate that equates the after-tax cash flows from an investment to the amount invested.

A disadvantage of the internal rate of return is that there can be multiple IRRs if the negative cash flow does not occur at the beginning of the investment. A benefit of the internal rate of return is that it accounts for the time value of money.

The internal rate of return can be determined using a financial calculator.

Cash flow in year 0 = -100,000Cash flow each year from year 1 to 10 = 15,000

IRR = 8.14%

If the company insists on an 8 percent return compounded annually on its investment, it is a good investment because the internal rate of return is greater than the discount rate.

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Chevening is looking for individuals who will be future leaders or influencers in their home countries. explain how you meet this requirement, using clear examples of your own leadership and influencing skills to support your answer.

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There are many ways to become a competent leader or influencers some of them are as follows:

Follow the rules and guidelines: a good leader should always make sure to follow the public rules wherever and whenever possible as it is the leader that people look up to regarding the social behavior.Taking a stand for social issues: there are many social issues going around the society, a good leader listen to them and takes a stand against it to help the ones facing them.Speaking through actions: it is not only just the words that the leader has to speak it is through the actions that a leader is going to prove his/her views.Helping the ones in need: for a good leader the society or people around them is their family and need to look out for them and take decisions in their welfare.

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If consumers view cappuccinos and lattés as substitutes, what would happen to the equilibrium price and quantity of lattés if the price of cappuccinos rises?.

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Answer:

The price would increase based on the economical and global dislike of risen prices on favorite products. Hope this helps!

one company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix

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One company markets such diverse products as old el paso mexican foods, yoplait yogurt products, and blue buffalo pet foods. these various offerings exhibit this firm's product mix Width .

What is firm's product mix width ?

Product mix, also known as product assortment, refers to the total number of product lines offered to clients by a company. A company's product mix has four dimensions: width, length, depth, and consistency.

The number of product lines sold by a corporation determines the width, or breadth, of its product mix. For example, if you run EZ Tool Company and only sell hammers and wrenches, your product mix width is two.

Small and new enterprises typically do not have a diverse product offering. It is more realistic to begin with some basic products and gradually increase market share.

Later on, the company's technology may allow it to diversify into other industries and broaden its product mix.

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Word count -

introduction to managerial accounting, 9th edition with connect (baruch college edition), by brewer, garrison, and noreen, published by mcgraw hill.

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Brewer's Introduction to Managerial Accounting is known for being the most reading and accessible text available. Students are guided toward knowledge by its small chapters and straightforward presentation, much as how a compass's needle directs a traveller.

The authors of the book are aware that everyone may arrive at a different place, nevertheless.

Some pupils are destined to work as accountants, while others will work in management, marketing, or finance. The Brewer text not only explains managerial accounting ideas to students in a straightforward and succinct manner, but it also pushes them to think about how the concepts they are learning will apply to real-world scenarios they will inevitably encounter throughout the course of their careers.

Whatever their end destination may be, students will succeed with this mix of conceptual understanding and application skills.

The term "managerial accounting" refers to a system of accounting that produces documentation, reports, and statements that aid management in making better judgments about the operation of their company. Internal uses make up the majority of managerial accounting.

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a. explain the typical shapes of the marginal-benefit and marginal-cost curves. the marginal-benefit curve is (click to select) sloping. the marginal-cost curve is (click to select) sloping. b. with these curves, the optimal allocation of resources to a particular product will occur when (click to select) . c. if current output is such that marginal cost exceeds marginal benefit, should more or fewer resources be allocated to this product? (click to select)

Answers

The Curve of marginal benefit's slope is a downward sloping curve that demonstrates that if government expenditure becomes more insecure, the extra benefit to the public will decrease. The marginal cost curve is trending higher, imposing an additional unit of tax on persons who have greater marginal cost owing to sacrifice.

What is marginal benefit?

A marginal benefit is a modest but demonstrable benefit that a buyer receives by purchasing an additional unit of an item or service.

As a customer decides to consume more of a single commodity, the marginal benefit typically decreases.

With these curves, the optimal allocation of resources to a particular product will occur when?

Optimal resource allocation for a certain product means that the marginal return for each type of outlay is the same. In other words, optimal resource allocation occurs when the marginal benefits of each item become equal.

If current output is such that marginal cost exceeds marginal benefit, should more or fewer resources be allocated to this product?

The marginal cost is greater than the marginal benefit Financial activities will likewise be inefficient and inefficient because the marginal sacrifice exceeds the marginal benefit.

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A likely effect of government policies that redistribute income and wealth from the wealthy to the poor is that those policies.

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Redistribution of income and wealth from the wealthy to the poor is that those policies reduce efficiency, equality and the reward for working hard. As a result people work less and produce fewer good and services.

When income and wealth from the wealthy is redistributed to the poor it reduces the motivation to work among all type of people and also has a negative effect on the economic efficiency. It can keep inequality in check but there won't be any big differences, and also lower poverty but only when done correctly.

This would improve equality but efficiency will be affected.

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startup costs aren't deductible in the year that a business is started, but they can be amortized over

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Startup costs aren't deductible in the year that a business is started, but they can be amortized anything over $5,000 must be amortized (deducted) over the following 15 years.

The IRS allows you to deduct $5,000 in charter fees and $5,000 in organization fees, but only if the total charter fees are less than or equal to $50,000. If incorporation costs exceed $50,000 in any region, the deductible amount will be reduced by the excess.

If your start-up costs actually keep your business going, you can: Deduct part of first-year expenses. When. The remaining costs are amortized (that is, divided evenly) over 180 months from the month the business was started.

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e-business is the exchange of goods and services among individuals, typically facilitated by a third party.

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C2C business is the exchange of goods and services among individuals, typically facilitated by a third party.

C2C refers to a market situation in which one customer purchases goods from another customer with the aid of a platform or business run by a third party. The sharing economy and e-commerce gave rise to a specific type of business model known as C2C companies.              

What is E-Commerce?

E-commerce, also referred to as electronic commerce, is the transfer of products and services as well as funds and data through an electronic network, most frequently the internet. These business transactions may be B2B, B2C, C2C, or C2B (business-to-business, consumer, or business-to-business). E-tail is another name for the transactional processes that make up online retail shopping. Online retail has grown dramatically over the past 20 years thanks to the widespread use of e-commerce platforms like Amazon and eBay. According to the U.S. Census Bureau, e-commerce accounted for 5% of all retail sales in 2011.

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allen filed his 2022 tax return on may 15th, 2023, and underreported his gross income by 30 percent. assuming allen's underreporting is not due to fraud, the statute of limitations for irs assessment on allen's 2022 tax return should end:mult

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The statute of limitations for irs assessment on Allen's 2022 tax return should end: none of the choices are correct.

How to determine when to file the statute of limitations for the tax return

When there is the cased of underreporting of the tax return of a person that is not due to fraudulent activities, the statute of limitation would have to end after 6 years form the date that the return was filed and the due date of that return.

We can see that he made the filing in the month of may 2023, when we add 6 years to this, it would have to be filed on the 15th of may 2029. Since the question does not have this date, we can say that none of the options are correct

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complete question

a. may 15 2024

b.april 15 2024

c. may 15 2025

d. april 15 2025

e. none of the choices are correct

the study of business activities for the purpose of making recommendations about the efficient and effective use of resources, effective achievement of business objectives and compliance with company policies is auditing.

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the study of business activities for the purpose of making recommendations about the efficient and effective use of resources, effective achievement of business objectives and compliance with company policies is operational auditing

What is operational auditing?

An operational audit is the process of assessing a company's operational activities, both on a daily basis and on a larger scale. An operational audit focuses more deeply than other types of audits, which might only examine one department or the business' finances.

It provides a comprehensive view at all of the internal divisions and procedures that make up a company's operations. An operational audit looks at how a firm runs its operations with the goal of enhancing overall effectiveness, as opposed to a conventional audit that assesses financial accounts.

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how do I start a business?

Answers

Answer: You start a business by conducting your research on what you want to do and making sure your stable enough with money because it will cost money to earn money

Explanation:

You start a business plan containing market research with this you would hopefully find a thing that makes your product unique and invest into your company

consider a five-year, $1000 bond with a 3% coupon rate and semiannual coupons. suppose the interest rate is 4.0% (expressed as an apr with semiannual compounding). what price is the bond trading for now? please round to the nearest whole number.

Answers

A five-year, $1000 bond with a 3% coupon rate and semiannual coupons. suppose the interest rate is 4.0% (expressed as an apr with semiannual compounding). The price is the bond trading for now will be (1+0.02)^2-1 = .0404, or 4.04% which will equal to $925.

Interest rate is the amount charged over and above the principal amount by way of the lender from the borrower. In phrases of the receiver, someone who deposits cash to any bank or monetary organization also earns additional income considering the time fee of cash, termed as  interest rate obtained by the depositor.

How does an  interest rate work?

Inside the case of money you own, inclusive of a financial savings account, interest rate is the quantity you earn whilst you let someone else use or hold your price range. As an instance, if you borrow $5,000 at a easy  interest rate of 3% for five years, you'll pay a total of $750 in hobby. The formula for simple interest is A = P (1 + rt).

Is high interest rate proper or terrible?

“if you're a saver, higher interest rate are precise. You earn more interest for your savings. in case you're a borrower although, better interest rates are bad. It method it'll cost you extra to borrow,” said Richard Barrington, a personal finance professional for cash costs.

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suppose now that the school wishes to make sure no students with diabetes or asthma go without the drug because they cannot afford it. because it does not know the budget of each student, the health center decides to offer vaccines free to students who can provide a doctor's note stating they have a pre‑existing condition.

Answers

The school is now seeking a greater degree of equity

Education equity, sometimes known as "equity in education," is a metric for success, justice, and opportunity. The study of excellence and equity is frequently related to the study of educational equity. Equity in education is influenced by two key elements.What makes equity crucial in education?According to additional research, equality can improve pupils' social and emotional development. Students from all backgrounds and abilities are more likely to show compassion and kindness to others as children and adults when diversity is promoted, understood, and given opportunity to grow in empathy.

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true or false: by law, at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

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By law, at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

The above statement is false that at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

Secondary Market: It is a market where investors can acquire and sell securities they already possess. Although stocks are also sold on the main market when they are originally issued, it is what most people refer to as the "stock market."

Stock Market: Shares of publicly traded corporations are traded there. In an initial public offering (IPO), corporations sell shares to the general public on the primary market in order to raise money.

The above statement is false that at least 10% of all proceeds from stock transactions in the secondary market go to the issuing company.

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the budget for a dinner party had to be addressed before hannah began buying supplies for the party.

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b.) Purchasing place cards for the table a dinner party ought to be a celebration of time spent not at work.

an inexpensive dinner party

Put away the expensive invitations - Cards are a great addition, but they are not need to be elaborate. Make your own or, if you'd prefer to send an email, personalize it by downloading and editing a free template. Numerous free invitation and e-card designs are available on websites like Greeting Card Island.Cheap entertainment made easyPrepare the sceneHost a potluck gatheringMake a plan based on the season and use what you already know.recipes that only require three ingredientsTake an inventory of your kitchen.Watch out for dealsApproach the deli counter.

A proper dinner party doesn't start before 5 p.m., which is when the normal workweek ends. This ensures that the most invitees possible can really attend.

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Question - " The budget for a dinner party had to be addressed before Hannah began buying supplies for the party."

Which of the following items would be paid from the dinner party budget?

a.)Using the serving plate she bought last year

b.)Purchasing place cards for the table

c.)Running the dishwasher to clean up after the party

d.)Borrowing two chairs from her co-worker for extra seating      

• calculated transition and risk costs associated with recommendations of tobacco regulation acts regarding

Answers

Republic Act No. 9211, often referred to as the Tobacco Regulation Act of 2003, is an all-encompassing regulation that controls, among other things, smoking in public places, tobacco advertising, promotion, and sponsorship, and sales limitations.

What is Tobacco Regulation Act ?

The Family Smoking Prevention and Tobacco Control Act (Tobacco Control Act), which was enacted on June 22, 2009, grants FDA the ability to control the production, distribution, and marketing of tobacco products in order to safeguard the public and ensure a healthy future for all Americans.

With the approval of the Family Smoking Prevention and Tobacco Control Act by the US Congress, the U.S. Food and Drug Administration started to regulate tobacco in 2009.

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the gabriel corporation has asked you, a consultant, to recommend an action that is likely to reduce potential conflicts between stockholders and bondholders. which action do you propose?

Answers

The action which shall propose, Including restrictive covenants in the company's bond indenture (which is the contract between the company and its bondholders).

What do you suggest bond?

Bonds are funding securities wherein an investor lends money to a corporation or a central authority for a fixed period of time, in change for ordinary interest bills. once the bond reaches adulthood, the bond provider returns the investor's cash.

What's bond in easy manner?

A bond is without a doubt a mortgage taken out with the aid of a employer. in preference to going to a bank, the organization gets the money from traders who purchase its bonds. In alternate for the capital, the enterprise can pay an interest coupon, that is the yearly hobby price paid on a bond expressed as a percent of the face fee.

How do bonds work?

An I bond earns hobby month-to-month from the primary day of the month in the difficulty date. The interest accrues (is delivered to the bond) until the bond reaches 30 years otherwise you coins the bond, whichever comes first. The hobby is compounded semiannually.

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What was the opening price of Dow Jones Industrial Average on Sep 28, 2017 in the format of XXXXX.XX?

Answers

The starting price was $21080.28.

Calculation

On May 30, 2017, the Dow Jones Industrial Average was:

The Dow Jones Industrial Average finished at 21029.47 on May 30, 2917, a decrease of 50.81, according to valueline.com.

Index of closure: 21029.47+ downward motion = 50.8121080.28 is the opening index.

According to this, the starting price was 21080.28.

The stock performance of 30 major firms that are listed on American stock exchanges is tracked by the Dow Jones Industrial Average. It is an index of stock price. The S&P 500 Index and the NASDAQ are two more.

The day's initial average price before trading began is represented by the starting index. The price must have fluctuated, moving up and down, while trade. By adding back, it can be deduced from this closing index data that the opening price was higher than the closing price by 50.81, or around 51 basis points.

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free cash flows should be discounted at the firm's weighted average cost of capital to find the value of its operations

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To determine the value of the company's operations, free cash flows should be discounted at the firm's weighted average cost of capital. True

In the field of corporate finance, free cash flow (FCF) or free cash flow to firm (FCFF) refers to the amount by which a company's operating cash flow exceeds its needs for working capital and expenditures for fixed assets (known as capital expenditures).

 It is that percentage of a company's cash flow that can be taken out and given to creditors and stockholders without having an adverse effect on business operations. The holders of the firm's equity, debt, preferred stock, and convertible securities, as well as potential lenders and investors, are all interested in this metric because it shows how financially flexible a company is.

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janelle loves sashimi. her first piece of sashimi normally gives her a marginal benefit of $5. each additional piece yields a marginal benefit that declines by $0.25 per piece. if her favorite sushi bar charges $2.75 per piece of sashimi, how many pieces should she eat?

Answers

The total quantity that Janelle would have to eat if the favorite bar charges 2.75 dollars is 10

How to solve for the total quantity that Sashimi would have to eat

We would have to get this by subtracting the declining marginal benefit of 0.25 dollars till we get to the point where the marginal benefit is the same as the price that is charged at $2.75

55 - 0.25 = 4.754.75 - 0.25 = 4.54.5 - 0.25 = 4.254.25 - 0.25 = 44 - 0.25 = 3.753.75 - 0.25 = 3.53.5 - 0.25 = 3.253.25 - 0.25 = 33 - 0.25 = 2.75

We can see that at the 10th quantity, that Janelle was able to get the same marginal benefit at the price for which the sushi bar is sold.

Hence we would say that the number of pieces that she would have to eat is 10.

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what is corporate social performance and how does this differ from traditional corporate performace?

Answers

Corporate social performance refers to the tenets, practices, and results of a company's interactions with individuals, groups, and the environment, including both the intentional and unforeseen effects of those interactions.

Why is corporate social performance important?

According to research, CSR enhances the value of the product, and customers are more likely to be motivated to increase the perceived value and degree of pleasure with the products provided by socially responsible businesses than by those that are not.

Corporate social responsibility is a related idea (CSP). Most of the time, CSP is a development of the idea of CSR that places an emphasis on actual results obtained rather than the generic idea of corporations' accountability or obligation to society. CSP follows naturally from CSR as a result.

A corporation engages in corporate social responsibility (CSR) when it goes above and beyond the law's requirement that it only pursue financial gain and takes measures that benefit society as a whole.

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sean attributes the success of his video game arcade to advertising on the most popular website for gamers. recently, the website raised ad prices, so sean has cut his advertising in half. he believes that positive word-of-mouth will be enough now that his game is well established. however, sales are slipping. of the five primary activities in the value chain, this problem is most likely to occur in .

Answers

Sales of video games may be declining as a result of value chain marketing and sales challenges.

What impact may marketing have on sales?

Sales Facilitation Although a business can sell its goods directly to consumers, adopting marketing strategies raises consumer awareness of the goods and makes them more visible to a wider audience, which in turn boosts sales and revenue. Marketing can spot changes in consumer behavior.

These internal elements that influence a product's sales include:

1) The company's product, 2) The company's marketing plan, 3) The company's marketing staff, 4) Technology and automation, 5) Presence in numerous forms, notably in E-commerce, and 6) The company's marketing personnel.

6) The ability to reach "Digital Footprints" clients.

7) The availability of funds

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. when wq<1, minimum "c for asa" can be found. thus run the excel sheet based on the formula we can get the minimum cost staffing plans. minimum "c for asa" for each call centers and employees’ 8-hour shifts are such as the following:

Answers

For each call center, the total "C for ASA" is as follows: 271, 67, 57, and 73. Each center needs to have a minimum of 23, 6, 5, and 6. 40 workers are needed in total to staff the four call centers: 23 + 6 + 5 + 6.

What is ASA?
The independent advertising regulator in the UK is called the Advertising Standards Authority (ASA). The ASA ensures that advertisements in UK media follow the advertising guidelines (the Advertising Codes). The ASA's sibling organization, the Committee of Advertising Practice (CAP), is in charge of creating the Advertising Codes.

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Note that common work styles are listed toward the top, and less common work styles are listed toward the bottom. According to O*NET, what are common work styles needed by Stationary Engineers? Check all that apply.

integrity
social
dependability
independence
artistic

Answers

Integrity is the right answer

seldom do the actions of supply managers impact the organization’s reputation either positively or negatively.

Answers

The actions of supply managers do impact the organization's reputation both positively and negatively. Hence, the given statement is false.

What do you mean by supply?

In economics, supply is referred to as the total quantity of a particular good or service that a supplier makes available to customers at a particular time and price. Usually, market activity determines it.

Since few supply decisions carry significant downside risks that could affect the organization's strategy, supply has a limited impact on organisational risk management.

Hence, The actions of supply managers do impact the organization's reputation both positively and negatively. Hence, the given statement is false.

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"Your question is incomplete, probably the complete question/missing part is:"

True or False Seldom do the actions of supply managers impact the organization's reputation either positively or negatively.

linda earned an income of $3,000 per month, which has now increased to $3,500 per month. she saves 10 percent and spends the remainder on food, lodging, and other expenses. so far, she has managed to save $20,000. what is the change in her consumption per month after the increase in income?

Answers

The change in Linda's consumption per month after the increase in income is $3,150

Given,

Income = $3,000

Increased Income = $3,500 per month

Savings = 10 percent

So Linda's consumption per month after the increase in income is calculated below.

Increased Income - Savings

= $3,500 - 10%

= $3,150

Thus, $3,150 is the change in Linda's consumption per month after the increase in income.

When the consumption increases as the income increases, and the larger the marginal propensity to consume, the more sensitive current spending becomes to current disposable income.

Hence, individuals tend to increase their consumption as their income increases, but to a lesser extent.

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a u.s.-based shoe company has decided to invest in a british company that specializes in clasps and buckles. this would be an example of .

Answers

A United States-based shoe company has decided to invest in a British company specializing in clasps and buckles would be an example of Foreign Direct Investment

Foreign direct investment occurs when a party from one nation invests in a company or organization in another with the hope of forming a long-term relationship FDIs are distinct from foreign portfolio investments, letting investors hold foreign assets without active involvement.

A foreign direct investment might be made by acquiring a long-term stake or expanding a company overseas. The aspect of control is essential to foreign direct investment. Control signifies the desire to direct and shape a foreign company's operations actively. It is the main distinction between passive foreign portfolio investments and FDI.

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