Answer:
Individual rewards for contributions to the team
Explanation:
A team should share rewards among themselves not to individuals, because effective teams are made of collaborators not competitors. By giving individual rewards for contributions to the team it reduces how effective the team behavior is.
For example, if a particular team is giving certain rights over others, there may begin to exist a competitive spirit amongst the team.
Selling short-term treasury bills and buying longer-term treasury bonds without creating more new money is called: Multiple Choice standard monetary policy. precommitment policy. quantitative easing. operation twist.
Answer:
operation twist.
Explanation:
The operation twist refers to the transactions in which it includes the buying and sale of government securities to raise up the economy so that the long term rate of interest could be fall
Therefore in the situation, it is mentioned that by selling off the short term treasury bills and in exchange long term bond are purchased so this represents the operation twist
Hence, the last option is correct
If a bank receives a $1 million discount loan from the Federal Reserve, then the bank's reserves will:_____.
a. increase by $1 million.
b. not change.
c. increase by less than $1 million.
d. increase by more than $1 million.
Answer:
increase by more than $1 million
Sematech is a producer of computer chips. To gain an advantage over other computer chip makers, Sematech focuses on reducing its costs below all of its competitors and has aligned its value chain accordingly. Recently, several of Sematech's competitors have begun to reduce the company's competitive advantage. In response to this threat, Sematech has decided to add production capacity in an effort to lower costs.
Sematech is pursuing which strategy?
A) cost-leadership business strategy
B) product-differentiation business strategy
C) cost-leadership corporate strategy
D) product-differentiation corporate strategy
Answer: A) cost-leadership business strategy
Explanation:
Cost leadership business strategy is a
strategy of getting a competitive advantage by having the lowest cost of operation in the entire industry. makes a reasonable profit on each sale because you've reduced costs.Here, To gain an advantage over other computer chip makers, Sematech focuses on reducing its costs below all of its competitors .
where as product differentiation is a technique use to differentiate a product from similar offerings on the market.
So, Sematech is pursuing a cost-leadership business strategy.
So, correct option is (A).
Sematech is pursuing the cost-leadership business strategy.
What is Cost leadership business strategy?Cost leadership business strategy is a strategy of having low operating costs across the industry, make a good profit on every sale because you reduce costs.
Here, In order to make more profit than other chipmakers, Sematech focuses on lowering its costs below all of its competitors.
Whereas product classification is the process of distinguishing a product from the same products on the market.
Therefore, Sematech pursues a cost-leadership business strategy. Option A is the correct answer.
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Ben quit his job as an economics professor to become a golf professional. He gave up his $30,000 salary and invested his retirement fund of $50,000 (which was earning 10 percent interest) in this venture. After all expenses, his net winnings were $35,000. Ben's economic profits were
Answer:
Economic profit = $0
Explanation:
Economic profit = Revenue - Opportunity cost
Economic profit = $35,000 - (30,000 + (10% x 50,000))
Economic profit = $35,000 - $35,000
Economic profit = $0
Economic profit can be calculated by deducting the opportunity cost from the revenue earned. Here the economic profit is $0 as Ben lost his salary of $30,000 and the interest on retirement fund just for $35,000 revenue.
The economic profit is zero.
Important information:He gave up his $30,000 salary and invested his retirement fund of $50,000 (which was earning 10 percent interest) in this venture. After all expenses, his net winnings were $35,000.
Calculation of the economic profit:Economic profit = Revenue - Opportunity cost
Economic profit = $35,000 - (30,000 + (10% x 50,000))
Economic profit = $35,000 - $35,000
Economic profit = $0
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If the Fed increases the discount rate, which of the following accurately describes the system, finally leading to a decline in money supply?
A. Excess reserves j: Reserves: Coans J: Deposits : Money supply
B. Reserves J: Excess reserves J: Loans J: Deposits ;Money supply
C LoansJ:DepositsJ:Reserves J:Excess reserves |: Money supply
D. Deposits J: ReservesJ:Excess reservesI:Loans J:Money'supply
Answer:
B
Explanation:
Reserves J: Excess reserves J: Loans J: Deposits ;Money supply
If there is a decrease in the short-run aggregate supply curve and no changes in fiscal policy are implemented, the economy over time will Group of answer choices Remain at the new price and output level Experience a leftward shift in the aggregate demand curve Return to the original output and price level Experience increasing nominal wages Continue to have rising prices and decreasing Real GDP
Answer: Return to the original output and price level
Explanation:
There is a general consensus in the Economic world that the Economy will usually adjust back to a level of full employment which is the Long Run Aggregate Supply curve.
When the short short-run aggregate supply curve experiences a decrease, the variables at play will adjust to such a point where they will return to the Original Output and price level assuming that was the Long Run AS level. For instance, if the price of a raw material needed in production rises, output will decrease as the inputs have become more expensive. As a result of this decrease in output, unemployment goes up which will theoretically mean that wages will go down as there are now more people looking for jobs. This will reduce the wage cost and producers will take advantage to start producing more bringing the Economy back to the original level.
" Like any effective salesperson, Frazer walks into a customer's office, shakes hands, looks the customer in the eye, and smiles. After exchanging pleasantries, Frazer will try to create interest his company's product, and establish: Group of answer choices"
Answer:
Hello the answer choices are missing but here is general answer to your question
answer : Frazer will try to create interest in his company's product and establish trust
Explanation:
Frazer been a salesperson is charged with making and closing good deals with potential and returning customers which will in return generate revenue for his company. Frazer will try to create an interest in his company's product and he can do this by asking the customer some questions and using the answers pertaining the product he is about to present to the customer to create a proper presentation. that way he can be able to present the product properly thereby getting the customer's interest and establishing trust
McCoy's Fish House purchases a tract of land and an existing building for $940,000. The company plans to remove the old building and construct a new restaurant on the site. In addition to the purchase price, McCoy pays closing costs, including title insurance of $2,400. The company also pays $12,800 in property taxes, which includes $8,400 of back taxes (unpaid taxes from previous years) paid by McCoy on behalf of the seller and $4,400 due for the current fiscal year after the purchase date. Shortly after closing, the company pays a contractor $47,000 to tear down the old building and remove it from the site. McCoy is able to sell salvaged materials from the old building for $3,800 and pays an additional $10,400 to level the land.
Required: Determine the amount McCoy's Fish House should record as the cost of the land. (Amounts to be deducted should be indicated by a minus sign.)
Answer:
$1,004,400
Explanation:
The computation of the cost of land is shown below:-
The Total cost of land = Purchase price of the land + Title Insurance + Property Taxes + Cost of removing the building + Level the land - Salvaged materials
= $940,000 + $2,400 + $8,400 + $47,000 + $10,400 - $3,800
= $1,004,400
Therefore for computing the total cost of land we simply applied the above formula.
By expressing concern for subordinates and representing their best interests in day-to-day activities, a manager demonstrates a(n) _______ behavior in the context of path–goal theory. directive supportive task-oriented achievement-oriented structural
Answer:
supportive
Explanation:
A supportive leader or manager according to the path-goal theory first introduced by Robert House is one that shows genuine concern for subordinates, while also representing their best interests in day-to-day activities.
By so doing, the manger, according to the path-theory would motivate and improve the performance of his subordinates.
A monopolistically competitive industry is characterized by a. many firms selling products that are similar but not identical. b. many firms selling identical products. c. a few firms selling products that are similar but not identical. d. a few firms selling highly different products.
Answer:
A monopolistically competitive industry is characterized by
a. many firms selling products that are similar but not identical.
Explanation:
A monopolistic competition is a form of imperfect competition with many firms operating in the industry. For such an industry, the goods or services are differentiated, such that one firm's goods or services can easily be associated with the producer. This is mostly achieved through branding and the use of trademarks. Each firm, therefore, competes with many other competitors, but they limit their competition by differentiating their products so that consumers would have preference for one against the other, depending on their perceived value.
Although True Ion Inc. and One Electro Inc. operate in the same consumer electronic industry, True Ion Inc. has better sales and brand equity. This is attributed to True Ion Inc.'s commitment to innovation. The company has adequate financial and human capital to invest in research and development, an area in which One Electro Inc. lags behind. In this scenario, which of the following critical assumptions of the resource-based view of a firm has been illustrated?
a. resource imitation
b. resource heterogeneity
c. resource immobility
d. resource value
Answer: b. resource heterogeneity
Explanation: Resource heterogeneity could be explained as the variation or difference in resources possessed by firms operating in the same market. These differences or diversity of resources plays a huge role in giving one firm the competitive edge over the other. In the scenario described above, True Ion Inc's innovative capability provided by it's resource-base due to human and capital investment gives it the competitive edge over other market competitors such as Electron Inc. whose resource-base lags in the aspect of innovation.
Estimate the affordable monthly mortgage payment, the affordable mortgage amount, and the affordable home purchase price for the following situation. Use Exhibit 7-6, Exhibit 7-7. (Round your intermediate and final answers to the nearest whole dollar.)
Monthly gross income $ 3,200
Other debt (monthly payment) $ 185
30-year loan at 7 percent
Down payment to be made (percent of purchase price) 20 percent
Monthly estimate for property taxes and insurance $ 235
1. Affordable monthly mortgage payment $_____
2. Affordable mortgage amount $_____
3. Affordable home purchase $_____
Answer:
Affordable monthly mortgage payment $796
Affordable mortgage amount $119,699
Affordable home purchase price $149,625
Explanation:
1. Calculation for the Affordable monthly mortgage payment
Affordable monthly mortgage payment
=($3,200 x .38) – $185– $235= $751
Affordable monthly mortgage payment=$1,216-$185-$235
Affordable monthly mortgage payment=$796
2. Calculation for the Affordable mortgage amount
Using this formula
Affordable mortgage amount = Affordable payment/ Monthly mortgage factor *1,000
The monthly mortgage factor of a 30-year mortgage at 7% is 6.65.
Let plug in the formula
Hence,
Affordable mortgage amount
796/6.65 x 1000 =
Affordable mortgage amount=119.699×1000
Affordable mortgage amount=$119,699
3. Calculation for affordable home purchase price
Affordable mortgage amount=119.699×1000
Affordable mortgage amount=$119,699
3. Calculation for affordable home purchase price
Affordable home purchase price=119,699/ (1 - .20)
Affordable home purchase pr= $119,699/0.8
Affordable home purchase price=$149,625
Therefore:
Affordable monthly mortgage payment is $796
Affordable mortgage amount is $119,699
Affordable home purchase price is $149,625
19,250.00 pounds of material were purchased at a cost of $2.40 per pound. All of the material purchased was used to produce 2,500 units of Zoom. 450 hours of direct labor time were recorded at a total labor cost of $4,500. Required: 1. Compute the materials price and quantity variances for the month. 2. Compute the labor rate and efficiency variances for the month.
Answer:
Direct material price variance = $3,850 (Favorable)
Direct material quantity variance = $5,200 (Unfavorable)
Direct Labor rate variance = $1,350 (Unfavorable)
Direct labor efficiency variance = $2,100 (Favorable)
Explanation:
Note: Question is incomplete. However, the missing part is as follows
"Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:
Standard Quantity Standard Price Standard Cost
or Hours or Rate
Direct materials 6.90 pounds $ 2.60 per pounds $17.94
Direct labor 0.30 hours $ 7.00 per hour $2.10
During the most recent month, the following activity was recorded: a. "
Solution
1. Direct material price variance = Standard price - Actual price ) * Actual quantity purchased
= (2.60 - 2.40) * 19,250
= $3,850 (Favorable)
Direct material quantity variance= Standard quantity - Actual quantity * Standard Rate
= (2,500 * 6.90 - 19,250) * 2.60
= (17,250 - 19,250) * 2.60
= -2000 * 2.60
= $5,200 (Unfavorable)
2. Direct Labor rate variance = (Standard rate - Actual rate) * Actual hours
Actual rate = 4,500 / 450 = 10
Direct Labor rate variance = (7 - 10 ) * 450
= -3 * 450
= $1,350 (Unfavorable)
Direct labor efficiency variance= (Standard hours - Actual hours) * Standard rate
= (2,500 * 0.3 - 450) * 7
= (750 - 450 ) * 7
= 300 * 7
= $2,100 (Favorable)
"American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota on apparel imports from China. Which policy would Chinese apparel manufacturers prefer
Answer:
quota
Explanation:
China would most likely prefer an allocation, rather than a flow, in this case. Especially in comparison with a quota, traffic to local consumers will yield stronger economic performance.
Traffic should better prevent domestic companies and raise government income that can be used to cut taxes or fund government goods and services. A quota boosts rates, and the domestic country does not earn additional revenue. The international producers would benefit from the quota.
Therefore the correct answer is the quota.
On the basis of the research gathered on consumer perceptions, the tests it has conducted, and competitive considerations, the firm confirms its _____________ market and decides how the product will be positioned.
Answer:
Target.
Explanation:
Identifying your target market is essential for business success. This is a complex task that requires organizations to strive to conduct research, collect relevant data and information and then define which consumer group is aligned with their strategy and positioning.
The target market of a company can be defined as the group of consumers with characteristics in common that are more susceptible to consuming the products and services of a company. Therefore, the strategic and marketing actions of a company must be focused on meeting the desires and needs of the target audience, directing advertising, product benefits, relationships, and all the variables that will assist in customizing a service more focused on benefit your target market and then create value and brand positioning in the market.
A river barge company can offer cheaper, although slower, per-pound transportation of products to companies when compared with transportation by air, truck, or rail. The river barge company should first target customers whose companies use:
Answer:
the cost leadership strategy.
Explanation:
A river barge company can offer cheaper, although slower, per-pound transportation of products to companies when compared with transportation by air, truck, or rail. The river barge company should first target customers whose companies use the cost leadership strategy.
A cost leadership strategy is a business strategy which is aimed at using the lowest cost of production and operation in a business.
Hence, river barge company cheaper, although slower, per-pound transportation as against the use of air, truck, or rail which would be more expensive.
High and unexpected inflation has a greater cost Group of answer choices for savers in low income tax brackets than for savers in high income tax brackets. for those who hold a little money than for those who hold a lot of money. for those whose wages increase by as much as inflation than those who are paid a fixed nominal wage. for those who save than for those who borrow.
Answer:
for those who save than for those who borrow.
Explanation:
Inflation is a persistent rise in general price levels
inflation is unexpected if it is unanticipated and not factored in to factors such as interest rate.
savers are at a disadvantage when there is high and unexpected inflation because the value of savings would fall fast.
while borrowers are at an advantage because they repay less in value than what what they borrowed
In the principal-agent relationship, the agent is:__________.
A) the person who places his resources in professional hands in exchange for the professional's promise to act on the resource owner's behalf.
B) the owner of a resource that has hired another party to act on his behalf.
C) the person who is placed in control over resources that are not his own and agrees to compensate the resource owner in the event of outcomes that do not satisfy the resource owner.
D) the person who is placed in control over resources that are not his own, with a contractual obligation to use these resources in the interests of some other party.
Answer: A) the person who is placed in control over resources that are not his own with a contractual obligation to use these resources in the interests of some other party.
Explanation:
Principal-agent relationship is
a legal arrangement in which one party appoints another party to act on its behalf.The agent acts on behalf of the principal and have to follow all the instruction provided by the principal.So, In the principal-agent relationship, the agent is the person who places his resources in professional hands in exchange for the professional's promise to act on the resource owner's behalf.
Hence, the correct option is (A).
The risk-free rate of return is 5%, the required rate of return on the market is 10%, and High-Flyer stock has a beta coefficient of 1.5. If the dividend per share expected during the coming year, D1, is $2.50 and g = 4%, at what price should a share sell? (Do not round intermediate calculations. Round your answer to 2 decimal places.
Answer:
$ 29.41
Explanation:
The first is to calculate the investor's required rate of return on the stock as shown below:
Ke=Risk-free rate+Beta*(return on the market-Risk-free rate)
Risk-free rate is 5%
Beta is 1.5
return on the market is 10%
Ke=5%+1.5*(10%-5%)=12.50%
The stock price formula is given below
stock price=D1/Ke-g
D1 is the expected dividend of $2.50
Ke is 12.50%
g =4%
Stock price=2.50/(12.50%-4%)=$ 29.41
Answer:
Explanation:
k=Rf+B(E[r]-Rf): k=5%+1.5(10$-5%)=12.5%
V=2.4/(12.5%-4%)= 30
Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land given up were $90,000 and $100,000, respectively. Assuming that the exchange has commercial substance, Horton would record land-new at and record a gain/(loss) of:
Answer:
Land-new = $105,000 ; $10,000 gain
Explanation:
Given the following :
Exchange fee = land + $5000 cash
Book value of land given up = $90,000
Fair value of land given up = $100,000
The book value refers to the value of the land as stated in the balance sheet of the company, However, the fair value is the market price or value of an asset, which is also the price a buyer will pay for such asset.
Therefore, since the fair value is greater than the book value, that translates into a profit;
Fair value of land - book value of land
$100,000 - $90,000 = $10,000 gain
The land-new = Fair value of old land + the $5000 cash received
Land-new = $100,000 + $5,000 = $105,000
Roasters Corporation and Outdoor Barbecues, Inc, enter into a contract for a sale of a commercial grill. The contract requires Roasters to deliver the goods to Speedy Delivery Company for transport to Outdoor. Risk of loss passes to Outdoor when
A) Roasters delivers the goods to Speedy
B) Roasters and Outdoor enter into their contract.
C) Speedy transports the goods to Outdoor.
D) Outdoor begins to use the grill.
Answer:
D
Explanation:
DGFGDGFGGDGFGDGFGF GANG
59. A poultry rancher discovered that when she increased the price of organic eggs from $0.75 to $1.00 per dozen, the sales of her eggs fell from 300 dozen per week to 200 dozen per week. Her price elasticity of demand (using the midpoint method) would be:
Answer:
PED = -1.4 or |1.4| in absolute values, price elastic
Explanation:
the price elasticity of demand (PED) using the midpoint method:
PED = % change in quantity / % change in price
% change in quantity = {(Q 2 − Q1 ) / [(Q2 + Q1)/2]} x 100 = {(200 − 300 ) / [(200 + 300)/2]} x 100 = -100 / 250 = -0.4% change in price = {(P2 − P1 ) / [(P2 + P1)/2]} x 100 = {(1 − 0.75 ) / [(1 + 0.75)/2]} x 100 = 0.286PED = -0.4 / 0.286 = -1.4 or |1.4| in absolute values
You manage the IT department at a small startup Internet advertiser. You need to set up an inexpensive system that allows customers to see real-time statistics such as views and click-throughs about their current banner ads. Which type of system will most efficiently provide a solution?
A) CRM
B) Enterprise system
C) Extranet
D) Intranet
E) MIS
Answer: C. Extranet
Explanation:
Extranet is a private internet network settings that allows group members to access each other's information and monitor information on their existing activities. This is commonly used by business partners to share information. This is done as information is still restricted to the organization entire network.
Choose the correct statement. A. Unemployment is a serious personal problem but not a serious social economic problem. It is only an effect of the business cycle. B. In recent years, population growth has outstripped jobs growth, resulting in a serious unemployment problem. C. Prolonged unemployment increases a person's job prospects because they are willing to work for a lower wage. D. The class of 2017 had a better time in the job market than those of the decade that preceded it.
Answer:
Option B
Explanation:
In simple words, population growth has been very raid in almost every major country of the world and this issue simply affects the supply and demand feature of the labor force. Due to high increase in population there are more no. of people willing to work for a living thus increasing the demand for jobs with no major increase in supply.
This issue further leads to two issues, first is the increasing number of educated individuals with no jobs and also less paying jobs for those getting it.
In Appellia, it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons, and so on. The need for increasing resources is an example of
Answer:
diminishing returns to specialization
Explanation:
The law of diminising returns states that with each additional unit of input used in the production process, there will be a point at which additional unit of input will result in less output. Marginal output starts to decrease.
In the given scenario it takes 10 units of resources to increase its output of sugar from 12 tons to 13 tons, but 11 units of resources to increase output from 13 tons to 14 tons, and 12 units of resources to increase output from 14 tons and 15 tons.
There is need of 10 units of input to increase one unit of output, then we need 11 units to do the same, and finally 12 units to increase output by 1.
This is an example of how input increase loses efficacy and it is an example of diminishing returns to specialization.
"Tina withdraws $20,000 from her money market account to start up her own house cleaning business. Over that time, the account would have earned 3 percent interest. In order to properly account for all costs of her business, Tina must not forget:"
Answer: the opportunity cost of $600
Explanation:
From the question, we are informed that Tina withdraws $20,000 from her money market account to start up her own house cleaning business and that over that time, the account would have earned 3 percent interest.
In order to properly account for all costs of her business, Tina must not forget the opportunity cost of $600. This is calculated as 3% of $20,000.
The opportunity cost is what Time had to forgoes in order to start her business.
Leslie goes to a store to buy a dishwasher advertised at a great sale price only to find it is "sold out" (because only a few were available to begin with), and she ends up buying a more expensive dishwasher. This "bait and switch" system is an example of the _____ technique.
Answer: Low - ball
Explanation: The low- ball technique could be explained as a trick used by sellers to lure consumers into making a purchase by offering an exciting and low priced product for sale. This offer gets the buyer or consumer committed to such product. However, these offer isn't one in which the seller really intends to uphold as it is just to get the buyers to commit, then the price is suddenly upped or increased at which point the committed buyer ends up paying the increased fee for such product. In the scenario above, only few low priced products were made
available as the seller does not intend to uphold the low price advertised with the buyer eventually purchasing at an increased price.
The deregulation of an economy involves Multiple Choice increasing restrictions on direct investment by foreign enterprises and international trade. privatizing state-owned enterprises. exercising a high degree of state control over production and pricing. abolishing laws related to the protection of property rights. opposing democracy by adopting communism.
Answer:
abolishing laws related to the protection of property rights
Explanation:
The deregulation of the economy arises when the restrictions are removed by the government in order to improve the business operations for a specific industry so that their operations could be done in effective and efficient manner. Also, it would lead to a rise in competition
Therefore the economy deregulation consist of protection of the property rights with respect to the eradicate the laws
Juniper Company uses a perpetual inventory system and the gross method of accounting for purchases. The company purchased $9,750 of merchandise on August 7 with terms 1/10, n/30. On August 11, it returned $1,500 worth of merchandise. On August 16, it paid the full amount due. The amount of the cash paid on August 16 is:________.
A. Debit Merchandise Inventory $1500; Credit Sales Returns $1500.
B. Debit Accounts Payable $1500; Credit Purchase Returns $1500.
C. Debit Accounts Payable $1500; Credit Cash $1500.
D. Debit Accounts Payable $1500; Credit Merchandise Inventory $1500.
E. Debit Merchandise Inventory $1500; Credit Cash $1500.
Answer:
Explanation:
The term of transaction is 1/10 , n 30
This means that if Juniper pays up for the merchandise within 10 days after purchase , it is entitled to 1 % of the invoice value or else he should pay up the entire invoice value without a discount not late than 30 days after the purchase.
If the date of transaction is August 7 and the payment day is August 16 , which is 9 days interval , this means that Juniper is entitled to 1% discount
Workings
Inventory purchased =9,750
Returns = (1,500)
8,250
Entitled discount = 1% (82.5)
Final payment 8,167.5
B
The journal entry for the returned merchandise
Debit account payable $1,500
Credit Merchandise inventory $1,500
The amount of cash paid on August 16 is:
Debit account payable $1,500
Credit Merchandise inventory $1,500
Thus, option D is correct.
The Journal entry will be:
Journal entries are added to the broad ledger as part of the accountancy cycle. Each general ledger report will contain the payment date, amount, impacted institutions with account numbers, and explanation.
Since there are 9 days between the transaction's completion date of August 7 and the payment's due day of August 16, Juniper is entitled to a 1% discount.
The amount of cash paid on August 16 is:
Account payable (Debit) - $1,500
Credit Merchandise inventory (Credit) - $1,500
Therefore, option D is correct.
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Commodity money is:_________.
a. a good used as money that has no intrinsic value.
b. used as money that has no secondary use.
c. used as money that also has value independent of its use as money.
d. that is designated as money by law.
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The answer is C.
Commodity money is used as money that also has value independent of its use as money.
Answer:
c. used as money that also has value independent of its use as money
Explanation: