which of the following foreign entry modes requires the highest level of investment in terms of capital and other resources and allows for a high level of control? multiple choice acquisitions franchising exporting joint ventures

Essential ingredients of market power are: substantial availability of viable substitutes, ease with which buyers and sellers can weigh alternatives, ability to influence terms of exchange, inability to influence terms of exchange.

Market power is the ability of a firm or an individual to influence the terms and conditions of exchange in a market. The essential ingredients of market power include:

In summary, market power is the ability of a firm or individual to influence the terms and conditions of exchange in a market. This is determined by the availability of substitutes, ease of weighing alternatives, and the ability or inability to influence the terms of exchange.

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The correct option is: A fighter jet

The personal consumption expenditure which is not an example of personal consumption expenditure is a fighter jet. The correct option is: A fighter jet.What is a personal consumption expenditure?Personal consumption expenditure (PCE) refers to the amount of goods and services that households purchase and use up for their benefit.

Personal consumption expenditure is used by economists to measure the level of the economy's expenditures on consumption goods and services. To calculate the PCE, take the total amount spent by consumers and subtract any spending that went toward taxes, savings, or investments.

In summary, it refers to the amount of goods and services that households purchase and consume for their own use. However, a fighter jet is not an example of personal consumption expenditure.

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In structured data collection, the use of a checklist form is typically employed. This tells the researcher exactly which actions should be recorded.

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Four of the 10 steps deal with government regulation according to Small Business Administration (SBA) are: Choose a business structure, apply for permits and licenses, Register for taxes and Understand employer responsibilities.

There are four of the ten steps listed by the Small Business Administration (SBA) that involve government regulation when starting a business:
1. Choose a business structure: In this step, you will need to decide the type of legal structure for your business and register it with the state.
2. Apply for permits and licenses: You will need to determine which permits and licenses are required for your business and then apply for them.
3. Register for taxes: You must obtain an Employer Identification Number (EIN) from the IRS and then register your business with the applicable state and local tax authorities.
4. Understand employer responsibilities: You will need to understand your employer responsibilities, such as payroll taxes and other related taxes, as well as labor and employment laws.

These four steps of Small Business Administration (SBA) involve government regulation and the remaining six steps do not.

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Deere would have to pay $1,341.30 in cash to repurchase the 7.125% notes at the quoted market price of 134.13.

The solution to the given problem can be calculated as follows:

The given quoted market price of 134.13 is actually a percentage of $1,000, which is the face value of the note.

We can calculate the actual price of the note by multiplying the face value by the quoted market price as a decimal.

Therefore, the actual price of the note is:

$1,000 × 134.13% = $1,000 × 1.3413 = $1,341.30.

Hence, Deere would have to pay $1,341.30 in cash to repurchase the 7.125% notes at the quoted market price of 134.13.

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The second quarter of 2020 saw significant economic impact due to the COVID-19 pandemic.Sectors such as hospitality, travel, and entertainment were hit the hardest as lockdowns and restrictions caused a sharp decrease in demand for these industries.

According to data from the Bureau of Economic Analysis, the accommodation and food services sector experienced a decrease of 37.7% in GDP, while the arts, entertainment, and recreation sector saw a decrease of 34.2%.

Additionally, the transportation and warehousing sector, which includes air transportation, experienced a decrease of 34.6%. The pandemic had a ripple effect on the entire economy, but these sectors were particularly vulnerable due to their reliance on in-person activities and travel.

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The payment made by the ordinary annuity with the given present value can be calculated using the annuity formula.

The formula is P = PV / ((1-(1/(1+i)^n))/i), where P is the payment, PV is the present value, i is the interest rate per period and n is the number of payments. In this case, the payment P is 88894 monthly payments for 28 years, the present value is 88894, the interest rate is 4% and the number of payments is 28x12 = 336. Therefore, the payment is 88894/((1-(1/(1+0.04)^336))/0.04) = 595.54.

The ordinary annuity is a financial instrument that pays out a fixed amount of money at regular intervals over a period of time. It is most commonly used for retirement and pension plans, annuities, loan payments, mortgages, and other financial instruments.

The payment is usually fixed over the term of the annuity, and the payments occur at the same time each period. The present value is the amount of money that needs to be paid in order for the annuity to be established, and the interest rate is the rate of interest that will be charged on the annuity.

In this case, the payment made by the ordinary annuity with the given present value is 595.54. This is calculated by using the annuity formula which takes into account the present value, the interest rate and the number of payments.

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Section 201 of the Sarbanes-Oxley Act deals with services beyond the scope of auditors.The Sarbanes-Oxley Act (SOX) of 2002 is a law passed by the U.S. Congress to protect investors from fraudulent financial accounting by companies.

The Sarbanes-Oxley Act aims to shield investors from potential corporate accounting fraud by enhancing corporate financial disclosures, corporate governance, and the punishment for corporate accounting fraud.The Sarbanes-Oxley Act is also known as the Public Company Accounting Reform and Investor Protection Act of 2002. The PCAOB is in charge of enforcing the rules and regulations governing the audit of public companies.Section 201 of the Sarbanes-Oxley Act deals with services beyond the scope of auditors.

The section prohibits auditing companies from supplying certain non-audit services, including legal services and other consulting services, to audit clients. The provision is intended to avoid conflicts of interest that may arise when an auditing company offers both audit and non-audit services to the same client.The Sarbanes-Oxley Act required firms to have an audit committee composed solely of independent directors. The audit committee must pre-approve all auditing and non-auditing services provided to the company by its auditing firm.

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The marginal cost for an informational product such as a CD, an ebook, and journal can be constant for a few reasons. Firstly, informational products are digital and can be reproduced at a low cost, making the cost of producing additional units negligible.

Secondly, informational products have no physical existence, which means that they don't deteriorate or wear out over time. This means that the cost of producing an additional unit remains the same regardless of how many units have been produced previously, as there are no additional costs associated with the production of new units.

The third reason is that informational products have a high fixed cost, but a low variable cost. The fixed cost includes things like research, development, and the cost of the equipment used to produce the product. The variable cost includes the cost of materials, labor, and distribution.

Since the variable cost of producing additional units is negligible, the marginal cost remains constant.In conclusion, the marginal cost for an informational product such as a CD, an ebook, and journal can be constant because of the low cost of reproducing additional units, the absence of physical existence, and the low variable cost.

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To draw the recessionary gap and inflationary gap graphs and explain how fiscal policy can be used to close each gap, follow these steps:Recessionary gap:It is when the actual GDP is less than the potential GDP. As a result, the country's output falls short of its potential.

As shown below, the gap between actual GDP and potential GDP is shown as a horizontal line (LRAS).Fiscal policy can be used to address the recessionary gap. By increasing government spending or lowering taxes, the government can boost aggregate demand, causing it to shift rightward.

The following diagram depicts an increase in AD caused by expansionary fiscal policy:Inflationary gap:It is the point at which actual GDP exceeds potential GDP. The economy is in a state of overheating, with rising prices and wages. The following diagram depicts the situation where the economy is producing above its potential output (LRAS).To address the inflationary gap, the government must reduce aggregate demand.

A contractionary fiscal policy can be implemented to accomplish this. This can be done by lowering government spending or raising taxes. The following graph depicts a decrease in AD caused by contractionary fiscal policy:Thus, fiscal policies can be used to close both the recessionary gap and the inflationary gap.

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The uniform series capital recovery factor and sinking fund factor, respectively, are 0.1408 and 0.408, respectively. The interest rate is 5% and the number of interest periods is 20.

The uniform series capital recovery factor and sinking fund factor can be expressed as follows:

Uniform series capital recovery factor = i / (1 - (1 + i)⁻ⁿ)

Sinking fund factor = 1 / ((1 + i)ⁿ - 1) * i

Given that the uniform series capital recovery factor is 0.1408 and the sinking fund factor is 0.0408, we can set up the following system of equations:

0.1408 = i / (1 - (1 + i)⁻ⁿ)

0.0408 = 1 / ((1 + i)ⁿ - 1) * i

We can solve this system using numerical methods or trial and error. One possible solution is i = 0.05 (or 5%) and n = 20.

To check, we can calculate the uniform series capital recovery factor and sinking fund factor for these values:

Uniform series capital recovery factor = 0.05 / (1 - (1 + 0.05)⁻²⁰) ≈ 0.1408

Sinking fund factor = 1 / ((1 + 0.05)²⁰ - 1) * 0.05 ≈ 0.0408

Therefore, the interest rate is 0.05 (or 5%) and n = 20.

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The growth rate of real GDP per person in a country with a real GDP growth rate of 1 percent and a population growth rate of 2 percent is -1 percent. To calculate this, we take the difference between the two growth rates, subtracting population growth from GDP growth:

The growth rate of real GDP per person is a crucial indicator of a country's economic growth and development. It reflects the change in the economic output of a country relative to its population growth. A higher growth rate of real GDP per person indicates an increase in the standard of living, as there is more economic output available per person.

In a scenario where a country experiences a real GDP growth rate of 1 percent and population growth of 2 percent, the growth rate of real GDP per person would be -1 percent. This means that the real GDP per capita has decreased by 1 percent. This is not a desirable outcome, as it suggests that the country's economic output is not keeping up with its population growth, leading to a decline in the standard of living. This highlights the importance of achieving a real GDP growth rate that is higher than the population growth rate to ensure sustainable economic growth and development.

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Wayne, the architect is being asked to design a correctional institution. The type of facility he is about to design is a correctional institution. It is a facility that is designed to house individuals who have been arrested, awaiting trial, or serving a sentence in prison.

It is a facility that is meant to restrict and control the movement of the individuals within the facility. A correctional institution is a type of facility that is designed to house individuals who have been arrested, awaiting trial, or serving a sentence in prison. It is a facility that is meant to restrict and control the movement of the individuals within the facility.

A correctional institution is a place where individuals who have been convicted of a crime are housed. They are designed to ensure that the security of the facility is maintained to keep the inmates safe and prevent them from escaping. An architect who designs a correctional institution has the responsibility of ensuring that the security and safety of the facility are maintained. The facility must be designed in such a way that it restricts the movement of the inmates within the facility. The architect must design the facility in a way that maximizes the security and minimizes the risk of escape. The design of the facility must also take into account the well-being of the inmates, staff, and visitors. The design must be such that the facility can be easily maintained and that it meets all of the necessary codes and regulations.

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When there is no tax is X, and the economic surplus when there is a tax is Y, then the change in economic surplus is X - Y.

In this market, the economic surplus is higher when there is no tax on pizza than when there is a tax. Without the tax, buyers are able to purchase the pizza at its original market price, which is the maximum they are willing to pay.

This creates a surplus, since the sellers are willing to accept less than what buyers are willing to pay.

However, with a tax, the price of the pizza increases, meaning that buyers are now willing to pay less than what the sellers are willing to accept. As a result, the economic surplus is reduced.

The change in economic surplus with the introduction of a tax can be calculated by subtracting the economic surplus when there is no tax from the economic surplus when there is a tax.

If the economic surplus when there is no tax is X, and the economic surplus when there is a tax is Y, then the change in economic surplus is X - Y. This will tell you how much the economic surplus has been reduced by the introduction of the tax.

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Bottle Corporation sold land for $17,000.

They paid $16,500 for the land two years ago. On the date of sale, Bottle Corporation should record a gain on sale of land for $500. There are different accounts that are affected when a company sells an asset. These accounts depend on the nature of the asset being sold, its original cost, its accumulated depreciation, and the sales price.

For example, when Bottle Corporation sold land for $17,000, they recorded a gain on sale of land for $500.The gain is computed as the difference between the sales price of the land and its original cost. In this case, the original cost was $16,500, and the sales price was $17,000.

Therefore, the gain on sale of land is $500. When a gain is recorded, the accounting entry involves debiting cash for the amount of the sales proceeds, crediting the asset account for the original cost of the land, crediting the accumulated depreciation account for the depreciation incurred over the years, and crediting the gain account for the difference between the sales price and the original cost.In conclusion, on the date of sale, Bottle Corporation should record a gain on sale of land for $500.

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The firm whose long-run marginal cost decreases as output increases is Firm 1. Option D is correct.

Long-run marginal cost (LRMC) is the cost per unit of output that arises as the firm expands its scale of production. As the firm increases its scale of production, the long-run marginal cost decreases due to the effect of economies of scale. In a perfectly competitive market, firms with increasing returns to scale have LRMCs that decline as output increases.


Firm 1 is an example of a firm that experiences decreasing LRMCs as output increases. This is because of the decreasing average cost curve that the firm experiences. As the firm increases its output, the average cost per unit decreases, leading to a lower LRMC. In the long-run, Firm 1 is able to take advantage of economies of scale, allowing it to reduce its long-run marginal cost. This gives Firm 1 a competitive advantage over other firms in the market.  


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Disgorgement in the business world means to return ill-gotten gains, typically after a fraud incident.ill-gotten gains. to give up one's board position after a fraud incident.

In the business world, the term disgorgement means to return profits earned illegally. Disgorgement is a legal remedy that requires individuals or companies to give up profits that were obtained through illegal or unethical means, such as insider trading or securities fraud. The idea behind disgorgement is to prevent individuals from profiting from illegal or unethical behavior and to deter others from engaging in similar behavior in the future

to return ill-gotten gains. to give up one's board position after a fraud incident.

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In the short run, menu costs does not explain why real GDP falls when the price level falls. The correct answer is option b.

Real Gross Domestic Product (GDP) is a macroeconomic measure that assesses the economic efficiency of a country. The real GDP is a macroeconomic calculation of the monetary worth of all the final goods and services created in an economy over a given period, such as a year or a quarter, measured in base-year costs. The real GDP falls when the price level falls, according to the Quantity Theory of Money.

The Quantity Theory of Money is a concept that describes the relationship between money and prices in the economy.

According to this theory, real GDP (Y) is determined by the following equation: Y = M x V / P

Where, M represents the quantity of money in the economy V represents the velocity of money in the economy P represents the price level in the economy. As we know, real GDP falls when the price level falls. This means that there is a negative relationship between real GDP and the price level. This relationship is influenced by a variety of variables in the short run, including flexible input prices, sticky input prices, menu costs, and money illusion.

However, in the short run, menu costs do not explain why real GDP falls when the price level falls.

Therefore option b is correct.

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The simple rate of return on Nixon Corporation's investment is 29.41%.

To calculate the SRR for Nixon Corporation's investment, we need to first calculate the annual net income generated by the investment. We can do this by subtracting the annual cash operating expenses from the annual sales revenue:

Annual Net Income = Annual Sales Revenue - Annual Cash Operating Expenses

= $371,000 - $214,500

= $156,500

Next, we can calculate the SRR by dividing the annual net income by the initial investment and multiplying the result by 100%:

SRR = Annual Net Income / Initial Investment x 100%

= $156,500 / $532,000 x 100%

= 29.41%

This means that the investment is expected to generate an annual net income of 29.41% of the initial investment cost.

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The profit margin for PXG Co. is 4.88%.

To calculate the profit margin, follow these steps:

1. We know that Total Asset Turnover = Sales / Total Assets. We are given the Total Asset Turnover as 2.46 times and Total Assets as $9,600,000.

2. Calculate Sales: Sales = Total Asset Turnover * Total Assets = 2.46 * $9,600,000 = $23,616,000.

3. We are given that the Return on Assets (ROA) is 12%. ROA = Net Income / Total Assets. We can rearrange this equation to find Net Income: Net Income = ROA * Total Assets = 0.12 * $9,600,000 = $1,152,000.

4. Calculate the Profit Margin: Profit Margin = Net Income / Sales = $1,152,000 / $23,616,000 = 0.0488 or 4.88% when rounded to two decimal places.

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1) The balance sheet for Exquisite Jewelers will include Total Assets: $396,500, Total Liabilities: $103,500, and Total Stockholders' Equity: $264,000. 2) The net book value of the store equipment is $48,000 which represents carrying value on the balance sheet.

1) Based on the provided data, here is the December 31, 2015 balance sheet for Exquisite Jewelers:

a) Assets

Current Assets:
 Cash                              $58,000
 Accounts Receivable           $71,000
 Merchandise Inventory       $154,000
 Prepaid Insurance              $1,500
 Total Current Assets          $284,500

Long-Term Investments:
 Investment in Z Corp. Stock  $36,000

Fixed Assets:
 Store Equipment                $67,000

Other Assets:
 Used Equipment Held for Disposal $9,000

b) Liabilities

Current Liabilities:
 Accounts Payable                 $52,500
 Income Taxes Payable          $9,000
 Total Current Liabilities        $61,500

Long-Term Liabilities:
 Long-Term Note Payable        $42,000

c) Stockholders' Equity

Contributed Capital:
 Common Stock (1,00,000 shares * $1 par value) $100,000

Retained Earnings:
 Retained Earnings                 $164,000

Total Assets: $396,500
Total Liabilities: $103,500
Total Stockholders' Equity: $264,000

2) The net book value of the store equipment is calculated as follows:
Store Equipment Cost          $67,000
Less: Accumulated Depreciation $19,000
Net Book Value                    $48,000

The net book value of $48,000 represents the store equipment's carrying value on the balance sheet. It is the original cost of the equipment ($67,000) minus the accumulated depreciation ($19,000) up to the balance sheet date. It reflects the remaining value of the store equipment that has not yet been depreciated or written off.

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The fundamental characteristic of the market in non-Western societies is that it is a traditional marketplace, where actual goods are exchanged. The correct answer is option C.

A market is a forum in which sellers and buyers exchange goods and services. Prices are usually determined by the market's supply and demand dynamics. Markets can be physical or virtual, and they may be centralized or decentralized. Most markets have rules and regulations that govern the exchange of goods and services.

Markets can be found in a variety of settings, including bazaars, online marketplaces, stock exchanges, and local farmers' markets. In non-Western societies, markets can differ from Western markets in terms of their fundamental characteristics. The fundamental characteristic of the market in non-Western societies is that it is a traditional marketplace, where actual goods are exchanged.

Therefore, option C is the right answer.

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The example provided best illustrates the impact of top-down processing, which is the idea that prior knowledge and expectations influence our perception and interpretation of a stimulus.

In the study of perception, the top-down processing principle states that higher-level cognitive processes are involved in interpreting incoming sensory information. In contrast, the bottom-up processing concept suggests that perception is based on the analysis of incoming sensory information.

In this scenario, the information Maria possessed influenced her perception of the same brand of caramel candies. Maria's brain processes the taste of caramel differently, whether she thinks the candies cost $20 a pound or half the price.

The change in Maria's expectation, based on the cost, influenced her judgment of the product's quality. This effect, known as the top-down processing effect, shows how pre-existing knowledge, context, or expectation can shape the interpretation of sensory information.

Top-down processing is defined as the mechanism by which information flows from the top of the system (in this case, cognitive processes, thoughts, or prior knowledge) to the bottom of the system (in this case, sensory processing). This process affects how sensory information is interpreted, leading to a different perception of the same stimulus.

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The present value of an investment that pays $1000 per year for 20 years at an interest rate of 8% is $13,679.89.

To calculate the present value, we first need to calculate the future value. The future value is the sum of all payments over the life of the investment, including interest. The future value of this investment can be calculated using the following formula:

FV = PV x (1 + r)^n Where PV is the present value, r is the interest rate, and n is the number of years. In this case, FV = $1000 x (1 + 0.08)^20 = $30,514.46.

Next, to calculate the present value, we must use the following formula:

PV = FV / (1 + r)^n

Where FV is the future value, r is the interest rate, and n is the number of years. In this case, PV = $30,514.46 / (1 + 0.08)^20 = $13,679.89.

Therefore, the present value of an investment that pays $1000 per year for 20 years at an interest rate of 8% is $13,679.89.

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For each dollar of sales, the amount left to cover fixed costs and contribute to income is known as the contribution margin. The contribution margin is  40% (400/1000 = 0.40) calculated by subtracting all variable costs from sales revenue.

The formula for the contribution margin is: Contribution Margin = Sales Revenue - Variable Costs

For example, if a business has $1,000 in sales revenue and $600 in variable costs, then the contribution margin would be $400. This means that $400 of each dollar of sales can be used to cover fixed costs and contribute to income.

The contribution margin is expressed as a percentage and can be calculated by dividing the contribution margin by sales revenue. In this example, the contribution margin would be 40% (400/1000 = 0.40). This means that 40% of each dollar of sales can be used to cover fixed costs and contribute to income.

In summary, the contribution margin is a measure of the amount of each dollar of sales that is left over after all variable costs have been paid. It is calculated by subtracting all variable costs from sales revenue, and expressed as a percentage by dividing the contribution margin by sales revenue.

In this example, the contribution margin is 40% (400/1000 = 0.40), which means that 40% of each dollar of sales can be used to cover fixed costs and contribute to income.

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When the productivity of a product resource increases and makes a firm's product more efficient and or effective, it will result in increased profits for the firm. This is because the productivity of the product resource directly affects the quality of the firm's product and the amount of profit that can be generated from the sale of that product. A product resource is any resource that is used to produce a firm's product, such as raw materials, labor, or equipment.

When the productivity of these resources increases, the firm's product becomes more efficient and/or effective, which means that it can be produced faster, with fewer errors, or with more features. This makes the product more attractive to customers, which leads to increased sales and profits for the firm.

In addition, increased productivity can also lead to cost savings for the firm, as it can produce more products with the same amount of resources. This can reduce the firm's costs per unit, which can increase its profit margins. Overall, increased productivity of product resources is crucial for the success of a firm and its product.

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False. While paying for one year of rent in advance may result in an increase in a company's cash asset, it will also result in an increase in the company's liabilities.

A offsetting increase in liabilities means that there will be no effect on the accounting equation, which states that:

The cash asset will have increased by the amount of rent paid, while the liabilities will have increased by the same amount, thus cancelling out any effect on the equation.

In conclusion, the statement is false.

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The marginal propensity to consume (MPC) is the amount by which an individual increases their spending due to a one unit increase in disposable income.

When the MPC decreases from 0.8 to 0.6, this means that the individual is spending less of their extra income and more of it is being saved. The marginal propensity to save (MPS) is the opposite of the MPC and is the amount by which an individual increases their savings due to a one unit increase in disposable income. As the MPC decreases, the MPS increases.

The spending multiplier is the increase in the final level of national income resulting from a change in the initial level of investment. When the MPC decreases, the spending multiplier decreases as well because there is less spending on goods and services, leading to a lower increase in national income.

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The use of referent power is appropriate for experts. Correct answer is option A

The five bases of power in organizational behavior include coercive, reward, legitimate, expert, and referent. Each has its own characteristics, uses, and limitations. It is, however, the referent power that is the most valuable to leaders. The power to influence people based on their desire to be liked and admired is referent power.

A person who is liked, respected, or admired for his or her personal qualities possesses referent power. This power can come from a variety of sources, including a person's character, charisma, or reputation. This type of power is especially valuable in situations where there is no formal structure, such as a group or team, or when an individual lacks other sources of power.

Referent power is best used by individuals who possess expertise, status, or likability that is admired or respected by others. They may be seen as role models or mentors, or they may be perceived as being highly credible or trustworthy due to their experience, training, or reputation. They are often seen as experts in their field or as having a deep understanding of the issues at hand. People who have referent power are frequently sought out for advice or guidance by others.

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Goodwill is a term that refers to the unquantifiable asset that an acquired company brings to its acquirer. The word 'goodwill' is frequently used in the context of a company's acquisition, which is when one company acquires another company. GAAP, or Generally Accepted Accounting Principles, dictates the accounting treatment for goodwill under US GAAP.

From a US GAAP perspective, goodwill is an asset account that represents the excess value that an acquirer obtains when purchasing a business. Goodwill is recorded when a company acquires another company for a price that is greater than the value of the target company's identifiable assets, including both tangible assets such as buildings, equipment, and inventory, and intangible assets such as intellectual property, patents, and trademarks.

In the context of acquisitions, goodwill is a reflection of the acquirer's willingness to pay a premium for the purchased company. It is important to note that goodwill is subjective and is calculated based on estimates of the acquirer's expected future earnings from the purchased company. As a result, goodwill can be a significant portion of a company's total assets, and it is vital for an acquiring company to be able to identify and measure its goodwill accurately.

To sum up, Goodwill is the excess value that an acquirer obtains when purchasing a business. GAAP dictates the accounting treatment for goodwill under US GAAP.

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