Compare and contrast the vertical and horizontal integration strategies of business combinations. which approaches did andrew carnegie and john d. rockefeller use initially

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Answer 1

Vertical integration refers to the strategy of combining different stages of the production process within a single company, while horizontal integration refers to the strategy of merging with or acquiring competitors at the same stage of the production process.


Vertical integration is a strategy where a company expands its operations by acquiring or merging with other firms in the same supply chain, either upstream (suppliers) or downstream (distributors). This helps to control the production process, reduce costs, and ensure supply consistency.

Horizontal integration, on the other hand, involves a company expanding its operations by acquiring or merging with competitors in the same industry at the same level of the supply chain. This helps to increase market share, eliminate competition, and achieve economies of scale.

Andrew Carnegie, a prominent figure in the steel industry, primarily employed vertical integration. He acquired iron ore mines, coal mines, and transportation infrastructure to control all aspects of the steel production process, which led to cost savings and competitive advantage.John D. Rockefeller, the founder of Standard Oil, initially used horizontal integration to expand his business. He acquired or merged with numerous competitors in the oil refining industry, which enabled him to dominate the market and control pricing. Later, Rockefeller also employed vertical integration by investing in oil production and distribution.

In summary, vertical integration focuses on controlling the supply chain, while horizontal integration aims to dominate the market by merging with competitors. Andrew Carnegie used vertical integration, while John D. Rockefeller initially used horizontal integration before also adopting vertical integration.

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Related Questions

Companies use the cycle to evaluate and improve performance.

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Companies often use a performance management cycle to evaluate and improve their employees' performance.

This cycle typically involves several stages, including goal-setting, performance planning, ongoing feedback and coaching, performance evaluation, and recognition and rewards.

During the goal-setting stage, managers work with their employees to set specific, measurable, achievable, relevant, and time-bound (SMART) goals. These goals help employees understand what is expected of them and provide a framework for evaluating their performance.

In the performance planning stage, managers and employees collaborate to create a plan for achieving the goals set in the previous stage. This plan may include specific tasks, deadlines, and milestones.

Throughout the cycle, managers provide ongoing feedback and coaching to their employees. This

feedback helps employees understand how they are performing in relation to their goals and provides opportunities for them to make adjustments as needed.

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the complete question is:

explain how companies use the cycle to evaluate and improve performance?

Founder of Freestyle Audio, Lance Fried, had a friend who dropped an iPod in a cooler and rendered it useless. Lance thought he saw a potential opportunity, so he researched the mp3 player market and realized there was not a waterproof player. Based on this research, Lance Fried realized surfers could not listen to music while surfing. Realizing the potential of this target market, Lance began working on a waterproof MP3 player and completed a lightweight prototype. Lance has completed the first four of the nine steps involved in the marketing process. This exercise focuses on the last five steps in the marketing process. The Marketing Process includes: Finding opportunities, conducting research, identifying a target market, designing a product, product testing, determining a brand name, designing a package, setting a price, selecting a distribution system, designing a promotional campaign, and building relationships with customers. Managing the controllable parts of this process means (a) designing a want-satisfying product, (b) setting a price for the product, (c) putting the product in a place where people will buy it, and (d) promoting the product. These four factors are called the Marketing Mix because businesses blend them together in a well-designed marketing program

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The phrase "These four factors are called the Marketing Mix because businesses blend them together in a well-designed marketing program" uses the figurative language "blending together" in this passage. This comparison of the four factors is made using the metaphor of blending ingredients for a recipe.

Product, price, place, and promotion make up the marketing mix also referred to as the four P of marketing. These four variables are under the control of the business and can be used to sway target market perception and purchasing behavior.

Businesses can develop a successful marketing strategy by designing a product that meets customer needs, pricing it appropriately making it available where it is needed, and effectively promoting it.

Businesses must carefully combine these four components to develop a successful marketing strategy because the marketing mix is a critical component of a well-designed marketing program.

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(l.o. 1) on january 1, 2020, alton co. purchased $100,000 of 10%, olson, inc. bonds with interest payable on july 1 and january 1 for $107,000. on february 1, 2020, alton purchased $100,000 of 12%, ehrlich co. bonds with interest payable on august 1 and february 1 for $95,000. alton classifies the olson and ehrlich bonds as trading debt securities. on december 31, 2020, the fair value of the olson and ehrlich bonds are $110,000 and $94,000, respectively. at december, 2020, what adjusting entry should be made by alton

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The adjustment entry for Alton at December 31, 2020, should reflect the change in the fair value of the trading debt securities, which are the Olson and Ehrlich bonds.

For the Olson bonds, the fair value has increased from $107,000 to $110,000. Therefore, Alton has an unrealized gain of $3,000 ($110,000 - $107,000).

For the Ehrlich bonds, the fair value has decreased from $95,000 to $94,000. Therefore, Alton has an unrealized loss of $1,000 ($94,000 - $95,000).

The adjusting entry for Alton at December 31, 2020, would be:

Unrealized Gain/Loss on Trading Debt Securities           $2,000

    Olson Bonds                                                            $3,000

    Ehrlich Bonds                                                          ($1,000)

This entry increases the unrealized gain on the Olson bonds and decreases the unrealized loss on the Ehrlich bonds. The net effect is an increase in Alton's net income by $2,000.

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Secondary to the most recent recession, officials have sought different ways to reduce recidivism and rates of incarceration. These alternatives have included:

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By implementing these alternatives to incarceration, officials hope to reduce recidivism rates, save taxpayer dollars, and provide more effective and humane approaches to justice and public safety.  

These include the following:

Early release programs for nonviolent offenders

Community-based treatment and rehabilitation programs

Alternatives to incarceration, such as probation, house arrest, and electronic monitoring

Expanding access to education, job training, and other vocational programs for inmates

Increasing the use of parole and probation for lower-level offenders

Implementing programs to address the root causes of criminal behavior, such as poverty, lack of education, and mental health issues

Providing support and resources for families of inmates, to help them maintain stability and reduce the likelihood of future criminal behavior.

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how is a legal monopoly different from a natural monopoly? group of answer choices in a legal monopoly, the federal trade commission has paid a firm to be the only producer of a product in a given area. a legal monopoly applies to government-run institutions, whereas a natural monopoly applies to all other resources in a legal monopoly, the monopolist has purchased the necessary certificate from the local government that allows the formation of a monopoly. in a legal monopoly, barriers to entry are created by the government.

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In contrast to a natural a monopoly, Iegal monopoly places restrictions on entrance through the use of laws or rules, whereas a natural monopoly does not.

What distinguishes a natural monopoly from a legal monopoly?

Government engagement is one way that a natural monopoly differs from a legal monopoly. Governments impose legal monopolies, whereas natural monopolies arise when manufacturing costs in a certain sector are too high for potential competitors to participate.

What does the word "monopoly" mean legally?

A legal monopoly is what? A business that enjoys legal protection from rivals is referred to as a statutory monopoly. In other terms, a business with a legal monopoly is one that is  government mandate to operate as a monopoly.

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Salma is taking university entrance exams. Because the number of students that will enter the university is limited and students with better results will be accepted in the university, the exam is competitive. Salma notices that her friend Mariam, who is sitting next to her, cheated by looking at two answers in her exam paper. She faces an ethical dilemma: should she report her friend's cheating, or let it go? If Salma uses Virtue Ethics to solve this ethical dilemma, which of the following is true? * O Salma will report Mariam's cheating if she values the virtue of fairness over loyalty O Salma will report Mariam's cheating only if she thinks Mariam will perform better than her in the exam O Salma will report Mariam's cheating if she values the virtue of loyalty over fairness O Salma will not report Mariam's cheating since she thinks Mariam will not perform better than her in the exam

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If Salma uses Virtue Ethics to solve this ethical dilemma, it is true that "Salma will report Mariam's cheating if she values the virtue of fairness over loyalty" (option C).

Virtue Ethics is an approach that emphasizes the development of moral character and is based on the idea that a person who has good moral character will make moral choices. It's focused on developing virtues, such as courage, compassion, and honesty, as a way to become a better person and to create a better society.

Mariam cheated during the entrance exam, and Salma witnessed it. Salma faces an ethical dilemma since reporting her friend's cheating would violate her loyalty and friendship to Mariam. Salma must choose between what is right and what is loyal. If Salma uses Virtue Ethics to solve this ethical dilemma, it is true that Salma will report Mariam's cheating if she values the virtue of fairness over loyalty.

Answer is option C.

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many people wrongly believe the great wall of china can be seen from space even after multiple nasa astronauts have debunked this myth. what is the most likely marketing-related reason for this phenomenon?

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The belief that the Great Wall of China can be seen from space is a classic example of a viral myth.

The reason this myth has persisted over the years is likely due to the power of word-of-mouth marketing. People tend to share interesting stories and facts with others, and over time these stories become part of the collective consciousness.

The myth is often repeated in popular culture, perpetuating the belief that the Great Wall can be seen from space.

From a marketing perspective, this phenomenon highlights the importance of storytelling and the role of word-of-mouth in shaping consumer beliefs and attitudes.

Brands often rely on storytelling to create emotional connections with consumers, and viral myths like the Great Wall of China can be seen from space illustrate the power of storytelling to create lasting impressions.

However, it also emphasizes the importance of fact-checking and verifying information before accepting it as true, as myths and rumors can have significant impacts on consumer behavior and perception.

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A(n) ______ is bound by a contract to produce a certain result, with performance of the work controlled by the

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A(n) contractor is bound by a contract to produce a certain result, with performance of the work controlled by the terms and conditions outlined in the contract.

A contract is a legally binding agreement between two or more parties that outlines the terms and conditions for the performance of work or the provision of services. In this case, the contractor is responsible for delivering the specified result, which is typically defined in the contract, such as completing a construction project or providing specific services. The performance of the work is controlled by the stipulations in the contract, which may include deadlines, quality standards, and other requirements that the contractor must adhere to. If the contractor fails to meet these conditions, they may be held liable for breach of contract.

To ensure successful performance of the contract, both the contractor and the client should clearly communicate their expectations and responsibilities, as well as negotiate any necessary changes to the contract terms. It is also essential for the contractor to maintain a high level of organization and project management, in order to complete the work on time and within budget, while meeting the client's expectations for quality and satisfaction.

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Name Maker is an online company that sells high-end gift wrapping that can have custom slogans or names printed on it, such as the name of a person celebrating a birthday or a couple who is getting married. This made-to-order gift wrapping is priced from $24. 95 to $32. 95 per 12-foot roll. This is an example of

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This is an example of a niche market business that offers personalized products at a premium price.

Name Maker's strategy or specialisation strategy is to differentiate itself from generic gift wrapping options by offering customized, high-quality wrapping paper that appeals to customers who are looking for a unique and thoughtful gift-giving experience.

By focusing on a specific market segment that values personalization and quality, Name Maker is able to charge a premium price for its products and generate a loyal customer base. This is an example of a targeted marketing strategy that aims to meet the needs of a specific group of customers rather than trying to appeal to everyone.

Name Maker's business model relies on offering a wide range of customization options for its gift wrapping products. Customers can choose from a variety of colors, patterns, and font styles to create a unique design that reflects their personal taste and the occasion they are celebrating. The company also offers personalized ribbons, gift tags, and other accessories to complement the custom gift wrap.

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Describe the type of targeting that allows advertisers to reach customers at the right moment along with how it works.

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The type of targeting that allows advertisers to reach customers at the right moment is called "real-time targeting." It is a form of digital advertising that uses data to serve ads to consumers in real-time.

Real-time targeting works by collecting data from various sources, such as a user's browsing history, search queries, and social media activity. This data is then used to build a profile of the user, which advertisers can use to deliver relevant ads in real-time. For example, if a user is browsing for flights to New York, they may see an ad for a hotel in New York in real-time.

Real-time targeting is effective because it allows advertisers to reach customers at the moment when they are most likely to engage with an ad. By delivering ads in real-time based on a user's behavior, advertisers can increase the relevance and effectiveness of their campaigns.

Real-time targeting can also help advertisers to optimize their campaigns based on real-time data, making it a powerful tool for digital marketers. However, it is important to note that real-time targeting must be used responsibly and with consideration for user privacy.

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What are 3 benefits of the paydown credit card feature

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Answer:

Saving money on interest: You may lower the amount of interest paid on your credit card debt by paying more than the minimum payment. In the long term, this can save you substantial money.

Paying down your credit card amount will help you improve your credit utilisation ratio, which is important in establishing your credit score. A lower credit utilisation ratio might improve your credit score.

Paying more than the minimum payment can allow you to pay off your credit card debt quicker and become debt-free sooner. This can create a sense of financial freedom and alleviate debt-related stress.

The _____ is used to record a sales transaction when the product or services is provided to the customer and the customer promises to pay later.

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The "accounts receivable" is used to record a sales transaction when the product or service is provided to the customer and the customer promises to pay later.

This method is utilized when businesses extend credit to their customers, allowing them to purchase goods or services without making an immediate payment. Accounts receivable are recorded as current assets on the balance sheet, reflecting the amount that is expected to be collected from customers.

Proper management of accounts receivable is essential for maintaining a healthy cash flow and ensuring the financial stability of a business.

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an american firm operating in the middle east struggles with enforcing rules against sexual discrimination against muslim women working in its management. this is an example of: group of answer choices ethical relativism ethical responsibility ethical imperialism ethical institution

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An American firm operating in the middle east struggles with enforcing rules against sexual discrimination against Muslim women working in its management. This is an example of Ethical Responsibility. So the option B is correct.

Ethical responsibility is a cornerstone of any successful business, and it is especially important for American firms operating in the Middle East. It is essential that American firms operating in the Middle East understand the local culture, including religious and cultural norms, and ensure that all employees are treated fairly and equally.

This includes making sure that there is no sexual discrimination against Muslim women in management positions. This means that an American firm operating in the Middle East must have policies and procedures in place that protect women from any form of sexual discrimination.

This includes providing equal opportunities for women to advance in the workplace, and ensuring that any decisions made do not disadvantage women due to their gender. So the option B is correct.

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The complete question is:

An American firm operating in the middle east struggles with enforcing rules against sexual discrimination against Muslim women working in its management. This is an example of:

Group of answer choices

A. ethical relativism

B. ethical responsibility

C. ethical imperialism

D. ethical institution

Product differentiation: a. refers to the attempt of firms to make their products look like those of the other firms in the industry and is used in a perfectly competitive market structure. b. leads to nonprice competition in a perfectly competitive market structure. c. refers to the attempt of firms to make real or apparent differences in essentially substitutable products look different in the minds of the consumers and is used in a monopolistically competitive market structure. d. leads to price equaling the minimum average total cost in the long run in a monopolistically competitive market structure.

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Product differentiation refers to the attempt of firms to make real or apparent differences in essentially substitutable products look different in the minds of the consumers and is used in a monopolistically competitive market structure. The correct option is c.

Product differentiation refers to the strategy adopted by firms to make their products appear different from those of their competitors in the eyes of consumers, even if they are essentially substitutable.

It is commonly used in monopolistically competitive market structures, where firms face competition from a large number of similar products. By creating unique features, branding, or packaging, firms hope to create a loyal customer base that is willing to pay a premium for their product.

Product differentiation is a key element of non-price competition, as firms compete on factors other than price to attract and retain customers. This can lead to an increase in advertising and marketing expenditures as firms attempt to differentiate their products from those of their competitors.

This can also result in an increase in the variety of products available in the market, as firms attempt to create unique products to stand out from the competition.

In the long run, product differentiation can lead to firms having some market power, as they are able to charge a higher price for their product due to the perceived uniqueness.

However, in a monopolistically competitive market structure, firms are still constrained by the presence of close substitutes, and price tends to be higher than the minimum average total cost but lower than the price charged by a monopolist.

In conclusion, product differentiation is a strategy used by firms in monopolistically competitive markets to create real or perceived differences in similar products.

It leads to non-price competition and can result in some market power for firms, but it does not lead to price equaling the minimum average total cost in the long run.

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Discuss the factors that may affect the choice of strategy 20marks.please provide an answer that warrants the marks

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The choice of strategy is influenced by various factors such as organizational objectives, internal resources and capabilities, external environment, industry structure, risk and uncertainty, and time horizon.

There are several factors that may affect the choice of strategy for a business or organization. These factors include:

1. Organizational objectives: The choice of strategy should be in line with the organization's overall goals and objectives. This ensures that the chosen strategy is effective in achieving the desired outcomes.

2. Internal resources and capabilities: A company's resources, such as financial assets, human resources, and technological capabilities, can greatly influence the choice of strategy. The chosen strategy should be aligned with the organization's strengths and limitations.

3. External environment: Factors such as competition, market conditions, regulatory environment, and socio-political factors can impact the choice of strategy. Companies must adapt their strategies to respond to changes in the external environment effectively.

4. Industry structure: The structure of the industry, including factors such as the level of competition and the bargaining power of suppliers and buyers, can also affect the choice of strategy. Companies must choose strategies that align with the dynamics of their industry.

5. Risk and uncertainty: The level of risk and uncertainty in the market can influence the choice of strategy. A company may choose a more conservative approach in a highly uncertain market, while it may opt for an aggressive strategy in a stable and predictable market.

6. Time horizon: The timeframe for achieving the desired results is another factor that influences the choice of strategy. A short-term focus may lead to the selection of strategies that prioritize immediate gains, while a long-term perspective may require a more gradual approach to growth and development.

In conclusion, factors such as organizational objectives, internal resources and capabilities, external environment, industry structure, risk and uncertainty, and time horizon influences a business's choice of strategy. It is crucial for businesses to consider these factors while making strategic decisions to ensure that they effectively achieve their goals.

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Answer:

-cause and effect

-topical

-sequential

Explanation:

I made it up

jk I just got it right (odyssey ware)

T 8 Quiz Dante is making his first purchase using a credit. He asks his friend Tay to educate him about using credit. What is the BEST advice Tay can give him? OA Be prepared to pay back the original amount and additional interest. OB. Make all of your purchases using credit once you have it. You have as much time as you need to pay back your debts. O D. Credit purchases ahways cost less than paying with cash. Reset Next​

Answers

The BEST advice Tay can give Dante about using credit is; "Be prepared to pay back the original amount and additional interest." Option A is correct.

Credit refers to the ability to borrow money or obtain goods or services with the promise to pay for them at a later time.

This advice is important because when you use credit, you are borrowing money that you will need to repay with interest. Failing to pay back your debts on time can result in high-interest charges, late fees, and damage to your credit score. Therefore, it is important to use credit responsibly and only make purchases that you can afford to pay back in a timely manner.

Hence, A. is the correct option.

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Reducing differences and tolerating differences are two strategies that are generally used to resolve functional conflicts.
True
False

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The given statement, "Reducing differences and tolerating differences are  strategies that are generally used to resolve functional conflicts." is false because Functional conflicts refer to conflicts that arise due to differences in opinions, viewpoints, or perspectives related to work tasks and goals.

In general, there are three main strategies for resolving functional conflicts: problem-solving, compromise, and collaboration. Reducing differences and tolerating differences are not effective strategies for resolving functional conflicts because they do not address the underlying issues that are causing the conflict.

Problem-solving involves finding a solution that meets the needs and interests of both parties. Compromise involves both parties giving up something in order to reach a mutually acceptable solution. Collaboration involves working together to create a solution that meets the needs and interests of both parties.

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Distribution channel expert Bernard LaLonde once said, "American management's philosophy has been: If you're smart enough to make it, aggressive enough to sell it—then any dummy can get it there. Now we're paying for [that philosophy]. " Briefly discuss the distribution problems managers with this philosophy likely encounter

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Managerswith this philosophy deal with a variety of distribution concerns, including ineffective routes for distribution, subpar customer service, a lack of adaptation and flexibility, a constrained geographic reach, and problems with inventory management, to mention a few.

1. Ineffective distribution channels: Managers that adhere to this ideology might not spend enough time and effort optimising their distribution channels, which could result in ineffectiveness and increased expenses.

2. Subpar customer service: A lack of distribution-related attention may lead to late delivery, harmed goods, and a generally subpar customer experience, all of which can have a negative effect on customer satisfaction and brand reputation.

3. A lack of adaptability and flexibility: Managers who adhere to this attitude might not be able to modify their distribution plans in response to shifting market dynamics, which would make it difficult to satisfy client needs and maintain competitiveness.

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According to classical economists question 7 options: demand creates its own supply. wages and prices are inflexible downward. the market system ensures full employment. say's law is invalid

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According to classical economists, the correct statement among the options provided is "Say's law is valid".

Say's law, also known as the law of markets, is a fundamental principle of classical economics. It states that "supply creates its own demand," which means that the production of goods and services in an economy will generate enough income to ensure that all goods and services produced will be sold.

This implies that the economy will naturally reach a state of equilibrium, where all resources are fully employed and output is at its maximum level. According to classical economists, the market system is self-regulating and will automatically adjust to any imbalances in supply and demand through the price mechanism.

Classical economists also believed that wages and prices were inflexible downward, meaning that they could not be easily lowered to adjust to changes in market conditions. This was due to factors such as labor contracts and the costs of adjusting prices. However, this view has been challenged by modern economists, who argue that wages and prices can be flexible in both directions.

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After Beth does the research for her new app, she learns that she will have 100 power users who would be willing to pay $5 and 400 casual users who would only be willing to pay $2. The marginal cost to provide the app to any one user is constant at $1 and there are no fixed costs. Suppose Beth cannot use price discrimination and she charges a price of $2 to all consumers. The consumer surplus would be _____

Answers

The consumer surplus would be $300 if Beth charges a price of $2 to all consumers.

The consumer surplus can be calculated as the difference between the maximum amount a consumer is willing to pay and the actual price paid.

For the 100 power users, their maximum willingness to pay is $5, so their consumer surplus is $5 - $2 = $3 per user. For the 400 casual users, their maximum willingness to pay is $2, so their consumer surplus is $2 - $2 = $0 per user.

Total consumer surplus = (consumer surplus per power user x number of power users) + (consumer surplus per casual user x number of casual users)

Total consumer surplus = ($3 x 100) + ($0 x 400) = $300

Therefore, the consumer surplus would be $300 if Beth charges a price of $2 to all consumers.

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which of the following statements about andrew carnegie is incorrect? he vertically integrated his company, controlling all steps in manufacturing steel, from mining the coal, iron ore, and other raw materials to selling the finished products made of steel. he learned innovative organizational, accounting, and managerial practices while working for the pennsylvania railroad, which he then applied to steel manufacturing. he believed in paying his workers decent wages in order to build employee loyalty and reduce labor turnover. he sold his carnegie steel company to j. p. morgan's federal steel; this formed u.s. steel, the first billion dollar corporation.

Answers

Andrew Carnegie did pay his workers relatively higher wages than his competitors, his primary motivation was to reduce labor unrest and increase productivity rather than building employee loyalty.

The incorrect statement about Andrew Carnegie is: he believed in paying his workers decent wages in order to build employee loyalty and reduce labor turnover. Andrew Carnegie was a Scottish-American industrialist and philanthropist who played a key role in the expansion of the American steel industry in the late 19th century. He was born in 1835 in Dunfermline, Scotland, and immigrated to the United States with his family in 1848.

After working various jobs, including as a telegraph messenger boy and a bobbin boy in a cotton factory, Carnegie eventually landed a job as a telegraph operator for the Pennsylvania Railroad.

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Identify at least 3 health care administration positions and their corresponding responsibilities. Then choose the one that interests you the most. Describe how you will prepare yourself to obtain the skills and abilities needed for the job.

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The 3 health care administration positions and their corresponding responsibilities are Medical Office Administrator,

Hospital Administrator, and Nursing Home Administrator.

1. The Medical Office Administrator (MOA): is a position in the medical field that is responsible for the day-to-day operations of a physician's office or clinic. The MOA is responsible for providing excellent customer service, managing patient files, and communicating with health insurance companies about claims and payments.

2. Hospital Administrator: A Hospital Administrator is responsible for the smooth operation of a hospital or a particular department within a hospital. The administrator must work to ensure that the hospital runs efficiently and meets the needs of both patients and medical staff. The hospital administrator is responsible for developing policies, managing budgets, and leading a team of healthcare professionals.

3. Nursing Home Administrator: A Nursing Home Administrator (NHA) is responsible for the day-to-day operations of a nursing home. The NHA ensures that the facility is clean and well-maintained, that patients receive high-quality care, and that staff members are well-trained and motivated. The NHA is also responsible for managing the budget, ensuring that the facility complies with state and federal regulations, and maintaining a positive relationship with residents and their families. I am most interested in the Medical Office Administrator position. To prepare myself to obtain the skills and abilities needed for the job, I will start by getting a bachelor's degree in Healthcare Administration. I will also enroll in medical billing and coding courses to understand the ins and outs of the billing process. I will seek an internship or shadow a Medical Office Administrator to gain hands-on experience.

Additionally, I will read books and attend seminars on medical office management to stay up-to-date on the latest trends and practices.

Three healthcare administration positions and their corresponding responsibilities are:

1. Hospital Administrator: They oversee the day-to-day operations of a hospital, ensuring that it runs efficiently and effectively. Responsibilities include strategic planning, budget management, and staff supervision.

2. Health Services Manager: They plan, direct, and coordinate medical and health services for a specific department or facility. Responsibilities include creating and implementing policies, managing staff, and ensuring compliance with regulations.

3. Healthcare Consultant: They provide expert advice and support to healthcare organizations, helping them improve their services and overall performance. Responsibilities include conducting research, analyzing data, and recommending solutions.

The position that interests me the most is a Health Services Manager. To prepare myself for this role, I will obtain a bachelor's degree in health administration, followed by a master's degree in health services management or a related field. I will also gain experience in the healthcare industry through internships and entry-level positions to familiarize myself with the processes and challenges of managing healthcare services. Additionally, I will pursue certifications in healthcare management, such as the Certified Health Care Manager (CHCM) credential, to further enhance my skills and abilities in this field.

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Discuss with any one you know in practical organization and get examples on the following concepts you learnt in the five chapters of this course

1. How the organization values or understands the importance of communication for its success?

2. What are the perceived Barriers to Communication in this organization?

3. What are the main (minimum 2 maximum 3) communication principles followed in the organization?

4. Get examples of downward, upward and horizontal communication in the organization 5. Is there public relation department in the organization? What is its function?

The way how!

Just get someone who works in a given bigger organization and as him/her to give you examples on what you have learnt here, and clearly report the examples you got from him with a maximum

Answers

In the organization I discussed with, communication is highly valued as it ensures smooth operations and effective collaboration among team members.

They recognize that clear communication is essential for the success of the company. Some perceived barriers to communication in this organization include language differences, cultural barriers, and technological challenges. These barriers can sometimes create misunderstandings or misinterpretations of messages.

The organization follows three main communication principles: clarity, active listening, and timely feedback. These principles promote efficient communication by ensuring that messages are clear, employees listen attentively to each other, and feedback is provided promptly.

Examples of downward communication include management sending directives to employees, while upward communication may involve employees submitting suggestions or concerns to management. Horizontal communication occurs among peers, such as coworkers discussing projects or sharing information.

The organization has a public relations department, responsible for managing the company's image and reputation. This includes developing and maintaining relationships with media, stakeholders, and the public, as well as creating and distributing press releases and other promotional materials.

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Worldwide annual sales of a device in 2012–2013 were approximately q = −6p + 3,050 million units at a selling price of $p per unit. Assuming a manufacturing cost of $40 per unit, what selling price would have resulted in the largest annual profit? HINT [See Example 3, and recall that Profit = Revenue − Cost. ] (Round your answer to two decimal places. )

Answers

To find the selling price that would result in the largest annual profit, we need to first find the profit function. Profit is calculated by subtracting the total cost from the total revenue.

The given sales function is q = -6p + 3,050, where q is the number of units sold and p is the selling price per unit. The total revenue can be calculated by multiplying the number of units sold (q) by the selling price per unit (p), which is R(p) = pq.

The manufacturing cost is $40 per unit, so the total cost function is C(q) = 40q.

Now, we can find the profit function P(p) by subtracting the total cost from the total revenue. First, substitute q from the sales function into the total cost function:

C(p) = 40(-6p + 3,050)

Next, find the total  revenue function:

R(p) = p(-6p + 3,050)

Now, calculate the profit function P(p) by subtracting the total cost function from the total revenue function:

P(p) = R(p) - C(p) = p(-6p + 3,050) - 40(-6p + 3,050)

To maximize profit, we need to find the critical points of the profit function P(p). To do this, find the derivative of the profit function with respect to p and set it equal to 0:

P'(p) = -12p + 3,050 - 240 = 0

Solve for p:

12p = 2,810
p = 234.17

Therefore, a selling price of $234.17 per unit would have resulted in the largest annual profit.

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Rachel bought 1,500 shares of cawh consolidated bank at a price of $24. 85 each. As the price climbed, she sold off parts of her holdings. She sold off 250 shares at $28. 32 apiece, she sold 800 of her shares at $33. 60 apiece, and she sold off the remainder of her shares at $39. 94 apiece. If rachel’s broker charges a commission of $65 per $1,000 of stock bought or sold, how much profit did rachel make, to the nearest dollar?.

Answers

Rachel made a profit of approximately $8,859 from buying and selling her shares in Cawh Consolidated Bank.

To calculate Rachel's profit from buying and selling 1,500 shares of Cawh Consolidated Bank, we'll follow these steps:
1. Calculate the initial cost of buying 1,500 shares at $24.85 each: 1,500 * $24.85 = $37,275.
2. Calculate the commission paid for buying the shares: ($37,275 / $1,000) * $65 = $2,422.875 (rounded to $2,423).
3. Calculate the revenue from selling the shares:
  a. 250 shares at $28.32 each: 250 * $28.32 = $7,080.
  b. 800 shares at $33.60 each: 800 * $33.60 = $26,880.
  c. 450 shares at $39.94 each (since she sold all her shares): 450 * $39.94 = $17,973.


4. Calculate the total revenue from selling the shares: $7,080 + $26,880 + $17,973 = $51,933.
5. Calculate the commission paid for selling the shares: ($51,933 / $1,000) * $65 = $3,375.645 (rounded to $3,376).
6. Calculate the net profit by subtracting the initial cost, buying commission, and selling commission from the total revenue: $51,933 - $37,275 - $2,423 - $3,376 = $8,859.
So, Rachel made a profit of approximately $8,859.

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at which financial institution can you open a savings account?
a. check casher/currency exchange
b. payday lender
c. credit union
d. you can open a savings account at all of these.

Answers

Answer:

C

Explanation:

Because the other options are check cashing or lending places.

ou purchased one silver future contract at $2 per ounce. what would be your profit (loss) at maturity if the silver spot price at that time is $3.50 per ounce? assume the contract size is 5,000 ounces and there are no transactions costs.

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If you purchased one silver futures contract at $2 per ounce and the silver spot price at maturity is $3.50 per ounce, your profit would be $7,500.

If you purchased one silver future contract at $2 per ounce, and the silver spot price at maturity is $3.50 per ounce, your profit would be:

Profit per ounce = Spot price - Futures price

Profit per ounce = $3.50 - $2 = $1.50

Profit for 1 contract (5,000 ounces) = Profit per ounce * Contract size

Profit for 1 contract = $1.50 * 5,000 = $7,500

This is calculated by taking the difference between the contract price and the spot price, which is $1.50 per ounce.

Multiply that by the contract size of 5,000 ounces, and you get a profit of $7,500. Futures contracts allow traders to profit from price movements without actually taking physical delivery of the underlying commodity. In this case, you would have made a profit by buying the futures contract at a lower price and selling it at a higher price, without ever having to handle the physical silver.

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Sammy owns a landscape development company. the majority of his clients want to upgrade their yards. they are normally young, married and have moderate incomes. what kind of social media platform would be best for promoting his latest landscaping projects to more people like his current clients

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Based on the demographic of Sammy's current clients, a social media platform like social media would be the best choice for promoting his latest landscaping projects to more people like his current clients.

social media  is a widely used platform that has a broad range of users, including many young adults and families with moderate incomes. This platform is ideal for sharing pictures and descriptions of landscape projects and communicating with potential clients through messaging and comments.

social media is a visually-driven social media platform that can also be effective for promoting landscape design projects. It has a younger user base, including many young adults and families, making it an ideal platform for reaching Sammy's target demographic

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Under a progressive income tax, who would pay the largest proportion of her income in taxes

Answers

Under a progressive income tax system, the individual who would pay the largest proportion of their income in taxes would be the one with the highest income. This is because they are subject to higher tax rates on a larger portion of their income, resulting in a higher overall tax burden relative to their income.

Under a progressive income tax system, individuals with higher incomes pay a larger proportion of their income in taxes. This system is designed to reduce income inequality and redistribute wealth by taxing higher earners at higher rates.

In this system, tax rates are divided into brackets based on income levels. As one's income increases, they move into higher tax brackets and are subject to higher tax rates. Lower-income individuals are taxed at lower rates, while those with higher incomes pay higher rates on the portion of their income that falls into the higher tax brackets.

For example, let's consider three individuals with different incomes: A earns $25,000, B earns $75,000, and C earns $150,000. In a progressive income tax system, A would pay the lowest tax rate, as their income falls into the lowest bracket. B would pay a higher rate on the portion of their income that exceeds the lower bracket's threshold, and C would pay the highest rate on the portion of their income that falls into the top bracket.

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mary placed an order to purchase 100 shares of abc stock at the going price. the order was filled as soon as it reached the floor of the exchange. what type of order did mary place? multiple choice question. market sell order limit sell order limit buy order market buy order

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Mary placed an order to purchase 100 shares of ABC stock at the going price. the order was filled as soon as it reached the floor of the exchange. Mary placed market buy order. So the option D is correct.

A market buy order is an order placed to buy a security at the best available current price. Mary placed a market buy order to purchase 100 shares of ABC stock at the current market price.

This order was immediately filled on the floor of the exchange, meaning that Mary bought the shares as soon as they became available. A market buy order ensures that Mary will receive the best available price for her purchase and that the order is executed quickly. So the option D is correct.

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The complete question is:

Mary placed an order to purchase 100 shares of ABC stock at the going price. the order was filled as soon as it reached the floor of the exchange. What type of order did mary place? multiple choice question.

A. market sell order

B. limit sell order

C. limit buy order

D. market buy order

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