Answer:
net change is 0
Explanation:
M1 type of money include cash and checking amounts. Jimmy withdraw $290 amount of money from account card by using bank ATM. Hence check able deposited is 2300 - 230 = $2070. This will decrease in M1 but the cash amount is also increases by some amount of $2300 therefore M1 again increase to same amount i.e. $2300. overall there is no change in M1 i.e net change is 0
Final answer:
The M1 money supply remained unchanged when Jimmy Cash withdrew $230 from his checking account, as the funds simply moved from one component of M1 to another without affecting the total.
Explanation:
When Jimmy Cash withdraws $230 from his checking account using an ATM, the M1 money supply does not change because the transaction involves shifting funds from one form of M1 (checkable deposits) to another form of M1 (currency in circulation). The definition of M1 includes both checkable deposits and physical currency; thus, when funds are transferred from a checking account to cash, there is no net change in the total M1 money supply.
You are considering purchasing an office building for $1,800,000. You expect the potential gross income (PGI) in the first year of operations to be $350,000; vacancy and collection losses to be 7 percent of PGI; and operating expenses and capital expenditures to be 35 percent of effective gross income (EGI). What is the implied first year overall capitalization rate
a) 9.50%
b) 10.26%
c) 10.49%
d) 11.75%
e) 13.20%
Answer:
D) 11.75%
Explanation:
The overall capitalization rate is calculated by dividing net income by the fair market value of the asset.
net income = effective gross income - operating expenses
effective gross income = potential gross income - vacancy and collection losses = $350,000 - ($350,000 x 7%) = $325,500
net income = $325,500 - ($325,500 x 35%) = $211,575
capitalization rate = $211,575 / $180,000 = 11.75%
Income is generated through the (1) of goods and services. In the United States, (2) of all income takes the form of wages and salaries. The remaining (3) goes to those who own the other factors of production, namely (4) and capital.
1. production
2. two-thirds
3. one-third
4. land
Answer:
Income is generated through the production of goods and services. In the United States, two-thirds of all income takes the form of wages and salaries. The remaining one-third goes to those who own the other factors of production, namely land and capital.
Explanation:
Production is the process of making goods and services available for sale. It involves the creation of products that seek to address the needs and wants of consumers. Businesses make money by providing the solutions at a fee called the price.
In the US, three out of ten jobs are held by self-employed people. The other seven out of ten are, or two-thirds are employed. Employees usually receive salaries or wages as compensation for their labor. The self-employed own the factor of production and will earn profits and dividends as rewards for their entrepreneurship.
Land is one of the four a factor of productions. Land as a factor comprises of fertile farmland used for agriculture, naturally occurring resources, mineral, oil and gas and land where commercial buildings and business are set-up.
The Iowa legislature passed a law banning trucks 65 feet long or longer from operating on its roads and highways because big trucks do more damage to roads than smaller trucks and are involved in more serious accidents. Consolidated Freightways (CF) drove big trucks through Iowa on a regular basis, and these trucks were legal in other states. Switching to smaller trucks for trips through Iowa was inconvenient and costly. CF filed a lawsuit contending that the statute was unconstitutional. The court most likely found that the Iowa statute was:
Answer:
unconstitutional under the "dormant" commerce clause.
Explanation:
The Commerce Clause (Article 1, Section 8, Clause 3 of US Constitution) state that Congress has the power "to regulate commerce with foreign nations, and among the several states, ..."
The dormant commerce clause refers to limitations on state powers, which cannot pass any law that excessively burdens or discriminates against interstate commerce. Only Congress has the power to regulate interstate commerce.
Sweet Treats common stock is currently priced at $17.15 a share. The company just paid $1.22 per share as its annual dividend. The dividends have been increasing by 2.4% annually and are expected to continue doing the same. What is this firm's cost of equity?a. 9.41%b. 9.51%c. 8.47%d. 9.68%e. 9.82%
Answer:
cost of equity = 9.68%
so correct option is d. 9.68%
Explanation:
given data
currently priced = $17.15
paid annual dividend = $1.22
dividends increasing = 2.4% annually
to find out
firm's cost of equity
solution
we get here cost of equity by apply price equation that is express as
Price = recent dividend × ( 1 + growth rate ) ÷ ( cost of equity - growth rate) .....................1
put here value we get
$17.15 = [tex]\frac{1.22*(1+0.024)}{cost\ of\ equity - 0.024}[/tex]
solve it we get
cost of equity = 9.68%
so correct option is d. 9.68%
Which of the following statements is true when it comes to taking a business online?
A Stick to what you are doing and don’t make changes
B The same content works across online and offline platforms
C Use analytics to make informed decisions
D Use analytics to track your customers across the internet
Answer: Use analytics to make informed decisions.
Explanation:
Analytics are accurate records taken by organizations which are carefully analysed and used for decision making.
When taking a business online, consumer purchase behavior can be taken record of, properly analysed and then used to make decisions on improvement in the business.
The correct statement is to use analytics to make informed decisions. Analytics are vital for understanding customer behavior and refining online strategy, unlike offline content which may not translate effectively online.
Explanation:The statement that is true when it comes to taking a business online is C: Use analytics to make informed decisions. In the context of business, it's crucial to analyze data to understand customer behavior and market trends. Leveraging analytics allows businesses to gain insights into their operations and make decisions that are informed by actual data rather than guesswork. The use of analytics is not limited to tracking customers but enables a company to refine its strategies, operations, and content for online platforms. This is important as it's a misconception that the same content or approach that works offline will be effective online.
3M's Cubitron II, described as "an industrial abrasive that cuts faster, lasts longer, sharpens itself, and requires less elbow grease than any other abrasive on the market" is an example of:
a. a(n) innovation created through a cooperative strategy.
b. imitation of a competitor's product.
c. an incremental innovation.
d. a novel innovation.
3M's Cubitron II is a novel innovation in industrial abrasives, offering unparalleled efficiency and self-sharpening technology that distinguishes it from competitors. The correct answer is d. a novel innovation.
3M's Cubitron II is an example of a novel innovation. Novel innovations represent significant leaps forward in technology or process, offering features and benefits not previously available, such as advanced cutting speed, longer lifespan, self-sharpening capabilities, and reduced physical effort compared to other abrasives on the market. These innovations often disrupt their respective industries by setting new benchmarks for performance and efficiency. The description highlights several key features that differentiate Cubitron II from other abrasives on the market, such as its ability to cut faster, last longer, sharpen itself, and require less effort. These features suggest a significant advancement or breakthrough in abrasive technology, making it a novel innovation.
In a free market economy, firms operating in a perfectly competitive industry are said to have only one major choice to make. Which of the following correctly sets out that choice?
A. what quantity to produce
B. what price to charge
C. what quantity of labor is needed
D. what quality to produce
Answer:
The correct answer is D. what quality to produce.
Explanation:
The world of perfect competition is a world of price-acceptors. A perfectly competitive company sells a homogeneous product (identical to that sold by others in the industry). It is so small in relation to its market that it cannot influence the market price; Just consider it given. When a farmer sells a homogeneous product such as wheat, it is sold to a large number of buyers at the market price of the quintal. In the same way that consumers must generally accept the prices charged by Internet providers or cinemas, so competitive companies must accept the market prices of the wheat or oil they produce.
The repurchase at a premium of the target firm's shares that were acquired by the aggressor firm in a hostile takeover in exchange for an agreement that the aggressor will no longer target the company for takeover is called:
a. a standstill agreement.
b. a poison pill.
c. greenmail.
d. crossing the palm with silver.
Answer:
c. greenmail.
Explanation:
A greenmail is the repurchase at a premium of the target firm's shares that were acquired by the aggressor firm in a hostile takeover in exchange for an agreement that the aggressor will no longer target the company for takeover.
A greenmail is a form of post offer take over defense. A post offer take over defense is put in place when a hostile takeover attempt has already occurred.
A poison pill is a pre take over defense. A poison pill is when a shareholder buys a certain percentage of shares that exceeds ownership level set by the company, other shareholders are allowed to buy shares at a discount.
I hope my answer helps you
All of the following factors will affect the market rent on an office building except:
a. Median income of families in the property's location
b. Demographic makeup of the area's population
c. How likely it is that shopping will locate to the area
d. Availability of homes or condominiums to purchase in the local area
Answer:
c. How likely it is that shopping will locate to the area
Explanation:
Market rent refers to the potential amount in which a property can be rented in a specific area. This value is affected by different factors like the earnings of people living in the area, the properties available, the characteristics of people living there, all of which will motivate people to be interested in living there or not which can increase or decrease the price that someone will be willing to pay. According to this, the factor that won't affect the market rent on an office building is how likely it is that shopping will locate to the area .
Describing a topic, idea, or concept you find so engaging that it makes you lose all track of time. Why does it captivate you? What or who do you turn to when you want to learn more?
Answer:
Strategic Warfare
Explanation:
The objective behind strategic warfare is to utilize infantry, artillery, naval forces and air defense to give a massive blow to the enemy. It’s about using all these military divisions to complement each other, advance across terrains, weaken enemy defense and surge into their territory.
Its mesmerizing as it is a lethal combination of art and skill. The complexity and resilience of warfare coupled with the use of technology to surprise the enemy, is what amaze me. I turn to documentaries, books, news and even conversations with war veterans.
Recently I am watching a documentary comprising major events of World War 2, on Netflix. I often visit museums to study memoirs and the history behind them. I often talk to my grandparents and their friends who were directly or indirectly involved with war or any other combat.
A music store charges $18.50 for a CD plus a 0.5% city tax and a separate 4% state tax. a. How much will you pay for the CD
Answer:
we pay for the CD is $19.33
Explanation:
given data
CD charge = $18.50
city tax = 0.5%
state tax = 4%
solution
we pay for the CD with combine of all charge as
Price of CD = charges + city tax + state tax .......................1
put here value we get, Price of CD that is
Price of CD = $18.5 + ( 0.5% ×$18.50 ) + ( 4% ×$18.50 )
Price of CD = $18.5 + $0.0925 + $0.74
Price of CD = $19.3325
so we pay for the CD is $19.33
Of the seven different personality dimensions (Big Five, locus of control, self-monitoring) which is most important to organizational leadership? How might they depend on position, for example, an accounting manager versus a director of graphic arts within the same organization?
Answer:
The Big Five
Explanation:
The Big Five personality dimension can explain the personality traits needed for specific job positions. The five traits are: neuroticism, agreeableness, extraversion, conscientiousness, and Openness.
An accounting manager should score high on conscientiousness because accounting requires a great degree of attention to detail and putting long hours working on difficult activities.
A director of graphic arts should score high on openness because this trait is related to creativity, and a graphic art director should be above all a creative person able to develop his own artistic expression that at the same time benefits the company.
Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy over airline kickbacks. As directors, Galen and Leslie can be named in any lawsuit that may result from the company's actions. Because of their right of.
Answer: indemnity
Explanation: Indemnity is a legal obligation by one side (indemnifier) to make up for the loss to the other side (indemnity holder) as a consequence of the actions of the indemnifier or another person.
Generally, but not always, the requirement to indemnify is synonymous with the contractual obligation to "keep harmless" or "protect harmless."
Indemnities lay the foundation of several insurance policies; for example, various types of insurance might be obtained by a vehicle owner as compensation for various types of injury resulting from car services, such as damage to the vehicle itself, or medical costs due to an accident.
Which method of entering international markets generally involves the least risk?
Answer:
Exports: Exporting your products directly to the international market is the least riskiest methods for the organisations in going global and reaching international customers.
Explanation:
Why organisation goes in the international markets
An organisation enters in the international market to expand its operations, increase its sales, consequently, increase profits.
Possible available methods to enter international markets
There are many possible methods available by which an organisation can enter in the international Markets, which are manifested below:
1: Exporting your own products to international market
In this method, an organisation produce their own products locally in their own premises and factories and start sending and selling them to the other markets worldwide.
2: Hiring agents in the international market or having contracts with them
In this method, an organisation tries going international by contacting some foreign agents. Afterwards, it depends whether to hire them temporarily or permanently, or to have some mutual contract with them for selling their products in that market. Moreover, it also depends if they want to get their product manufactured in that country or not.
3: Going global by Franchising/Licencing, Strategic Alliance, Joint Venture or opening Foreign Subsidiary directly.
Here, organisation goes global by giving the exclusive rights of producing its products, using its brand name and selling them in the foreign market, by franchising/licencing. (Franchising is purely a term used for the companies who deal with the products which also needs to be manufactured, whereas, Licencing is used for the service organisation)
In strategic alliance, an organisation joins hands with other foreign organisation(s) and become business partners to achieve some agreed upon results while remaining independent entities.
In Joint venture organisations create a totally new company by pooling their resources, capabilities and expertise sharing all the profits and risks.
In Foreign subsidiary, an organisation from the local country, set up its an entirely new unit, premises and operational facilities there in the foreign country by utilizing its own resources.
Which Method is the least Riskiest and why?
As it has been manifested above that what each method entails, and what is required in each method. Exporting your goods directly from your country to the international market by having them manufactured locally is the last riskiest because you have control of your own operations, products, manufacturing facilities, quality, furthermore, no additional investment is needed to look after your foreign operations at all, therefore, much less risk is involved here in exporting as compared to the all other available methods.
Banks work to earn a profit by selling financial services Group of answer choices True or false?
Answer:
True
Explanation:
Financial services are the activities rendered by any financial institution such as the banks to their customers. Most of the services are done at a fee that makes the main source of revenue for banks. The revenue is spent to pay the overall expenses of the bank. If the expenses are lower than the revenue, a bank makes profit. If expenses exceed revenue, a bank makes loss which is not mostly the case. Therefore, it is true to say that banks work to earn a profit by selling financial services.
In France, fine dressmaking and tailoring have been a tradition predating Queen Marie Antoinette. Cloth manufacturers, design schools, craft apprenticeship programs, modeling agencies, and so forth, all exist to supply the clothing industry. This is an example of the ____ in Porter's model.
a. related and supporting industries
b. demand conditions
c. strategy, structure, and rivalry among firms
d. factors of production
Answer:
A. related and supporting industries
Explanation:
In France, industries related to high fashion have been established since the 18th century. This creates a positive feedback loop in which the participants compete amongst themselves, but also support each other, for example, forming econmies of scale and supply chains.
Which sentence correctly describes the GDP of a country? Ava is an assistant to a bureaucrat. She is preparing a report on the GDP of the country.
(She finds that the GDP is low this year.)
(She concludes that the country’s output of goods and services is very high.)
(She uses the income-based approach to calculate the GDP.)
(According to the approach, she considers the expenses incurred annually as the GDP.)
(She classifies the earnings of partnership firms as mixed income.)
(She categorizes employee wages as operating surplus.)
Final answer:
The GDP of a country measures the total economic activity and includes the monetary value of all goods and services produced within a given year. The GDP can be calculated using the Expenditure Approach by totaling spending on goods and services, or the National Income Approach by adding up all the income earned. A low GDP indicates a lower economic performance, not a high one.
Explanation:
The Gross Domestic Product (GDP) of a country is a comprehensive measure of its economic activity. It represents the total monetary value of all goods and services produced within a country's borders in a given year. There are several ways to calculate GDP, with two primary approaches: the Expenditure Approach and the National Income Approach.
The Expenditure Approach sums up total spending on final goods and services in the economy. On the other hand, the National Income Approach adds up all the income earned by factors of production, which includes wages and salaries for labor, interest and dividends for capital, rent for land, and profit to entrepreneurs.
Accordingly, it is incorrect to conclude that the country's output of goods and services is very high if the GDP is found to be low. Instead, a low GDP suggests that the country's economic production and performance are not at their full potential. Moreover, classifying the earnings of partnership firms as mixed income is correct, but employee wages should not be categorized as operating surplus—they are part of the compensation of employees.
Final answer:
The GDP of a country is a measure of its economic activity within its borders and can be calculated using either the income or expenditure approach, where a low GDP suggests a lower output of goods and services. GDP can be calculated by summing up total incomes of the factors of production or by adding consumption, investment, government spending, and net exports (GDP = C + I + G + (X - M)). Expenses incurred are not considered part of GDP.
Explanation:
The Gross Domestic Product (GDP) of a country can be described in many ways, but fundamentally, it is a measure of the economic activity within a country's borders. Ava, as an assistant to a bureaucrat working on a report regarding GDP, might conclude that if the GDP is low, it suggests that the country's output of goods and services is relatively low, not high. To calculate GDP, Ava could use different methods, including the income-based approach or the expenditure approach. The former totals up all incomes earned by factors of production (labor, capital, etc.) within a country during a year, and may classify the earnings of partnership firms as mixed income, whereas employee wages are usually categorized as compensation of employees, not operating surplus.
Using the expenditure formula GDP = C + I + G + (X - M) helps in understanding the contribution of consumption (C), investment (I), government spending (G), and net exports (X - M) to the GDP. It is important for Ava to know that the GDP measures the value of goods and services produced and does not directly include expenses as they are not a measure of output.
Paul, who runs a retail jewelry store, went with Jane, to whom he was engaged to be married, to a wholesale jewelry store. Paul had no express, written agreement with Jane by which she was his agent. The wholesaler jeweler, Pam, asked Paul if Jane was buying for him. Paul did not want to embarrass Jane so he nodded in agreement. A few minutes later Paul whispered to Jane, outside the hearing of the wholesaler, that she should not make any purchases. Paul and Jane had a big disagreement over money that evening, and Jane broke off their engagement. The next day Jane went back to the wholesale jeweler and purchased a string of pearls for $2,000. Jane also purchased a fur jacket for $3,000 from a store, owned by Harry, that was next door to the jewelry store. She told Harry that Paul wanted a fur for a model in his store and that Paul would be glad to pay Harry for the jacket.Which of the following is the most likely result if Pam, the wholesaler jeweler, sues Paul for the price of the pearls?A. Pam will lose because it was her responsibility to ask Paul for written documentation that Jane was his agent.B. Pam will win only if she can show that through reasonable investigative efforts on her part Jane cannot be located.C. Pam will win assuming that she can prove that she reasonably believed, based on Paul's conduct, that Jane was acting as his agent.D. Pam will win only if she can show that Jane has no assets with which to pay for the necklace.E. Pam will lose unless it can be established that Jane at some time in the past had actual authority to act as Paul's agent.
Answer:
C) Pam will win assuming that she can prove that she reasonably believed, based on Paul's conduct, that Jane was acting as his agent.
Explanation:
A principal-agent relationship can be created through expressed agency, implied authority, apparent agency, and ratification.
When the principal leads a third party to believe that someone is acting as his/her agent, it is called apparent agency. Apparent agency is valid even if the principal has made no agreement with the "agent".
Therefore if Pam can prove that Paul lead her to believe that Jane was in fact working for him, then Pam will win the lawsuit.
In each of the following cases, determine how much GDP and each of its components is affected (if at all).
A. Debbie spends $300 to buy her husband dinner at the finest restaurant in Boston.
B. Sarah spends $1200 on a new laptop to use in her publishing business. The laptop was built in China.
C. Jane spends $800 on a computer to use in her editing business. She got last year’s model on sale for a great price from a local manufacturer.
D. General Motors builds $500 million worth of cars, but consumers only buy $470 million worth of them.
Debbie's expenditure, Jane's computer purchase, and General Motors' unsold cars contribute to the GDP. Sarah's laptop does not contribute because it's an import.
Explanation:In Gross Domestic Product (GDP) calculations, consumer expenditure on goods and services, and business investment, all produced within the nation's borders are counted. Imports are excluded, and unsold inventory is treated as business investment.
Debbie spending $300: This is a consumer expenditure and contributes directly to GDP.Sarah spends $1200 on a laptop: Since the laptop was built in China, this is counted as an import and not included in GDP.Jane spending $800 on a local computer: This is both a consumer expenditure and a business investment since it's used in her business. Hence, it directly contributes to GDP.General Motors building more cars than consumers purchase: The unsold cars will count as inventory investment and add to GDP.Learn more about Gross Domestic Product here:https://brainly.com/question/14768180
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A. $300 increase in consumption expenditure.
B. $1200 increase in investment expenditure.
C. $800 increase in investment expenditure.
D. $30 million decrease in GDP due to unsold inventory.
Let's analyze each case:
A. Debbie spending $300 on dinner at a restaurant represents consumption expenditure, a component of GDP. It increases GDP by $300.
B. Sarah's purchase of a laptop for her business is investment expenditure, another component of GDP. It increases GDP by $1200, even though the laptop was built in China, as it contributes to domestic economic activity.
C. Jane's purchase of a computer is also investment expenditure, increasing GDP by $800. Even though it was on sale and from a local manufacturer, it still contributes to domestic economic activity.
D. General Motors' production of cars adds to GDP as part of investment expenditure, but when consumers only buy $470 million worth of them, this results in unsold inventory, impacting GDP negatively by the difference of $30 million.
According to Federal Regulations, the SEC would have to issue an exemptive order before a mutual fund may
[A] Adopt a 12b-1 plan.
[B] Change its investment objectives
[C] Employ as an investment adviser a person who has been convicted within the past 10 years of a crime involving the securities business.
[D] Do any of the above
Answer: The correct answer is "[C] Employ as an investment adviser a person who has been convicted within the past 10 years of a crime involving the securities business.".
Explanation: According to Federal Regulations, the SEC would have to issue an exemptive order before a mutual fund may employ as an investment adviser a person who has been convicted within the past 10 years of a crime involving the securities business.
True or False. The primacy effect refers to the tendency to recall the items at the beginning and end of a list better than the items in the middle.
Answer:
The correct answer is the option: False.
Explanation:
To begin with, the primacy effect, in the fields of psichology and sociology is known as a cognitive bias and is part of a serial-position effect among with the recency effect. Moreover, the term refers to the tendency to recall the information at the beginning only of a list better that the information in the middle and at the end of that same list.
Secondly, the recency effect is the one that establishes that a person tends to recall the items at the end better that the items at the beginning or middle.
Business Cycles can be divided between the ________, the maximum points of economic activity, and the troughs, the lowest points of business activity.
Answer:
Peaks
Explanation:
In a business cycle, which comprises of a series of high economic activity periods and low economic activity periods, the maximum points of economic activities are called peaks while the lowest points are called troughs.
At peak economic activity, GDP growth is usually the highest in the business cycle and is accompanied by very high employment rate.
Jonas enters into an oral contract with Chelsea to lease $ 100,000. Chelsea pays his house to her for him $100,000 and moves in. A month later, Jonas learns that his state requires contracts for the lease of goods with payments of $1,000 or more to be in writing. Which of the following options does either party have?
1. Jonas can evict Chelsea as the contract does not comply with the Statute of Frauds and is hence void.
2. The contract cannot be rescinded by either party as it has already been executed.
3. Chelsea can rescind the contract on the grounds of noncompliance with the Statute of Frauds
4. Jonas can rescind the contract on the grounds of noncompliance with the Statute of Frauds.
Answer: The contract cannot be rescinded by either party as it has already been executed.
Explanation: A contract is a binding agreement that is enforced by the law in some ways.
Their prior ignorance before the contract was made cannot affect future discoveries.
Anyone of them that goes beyond the contract will/can get sued.
Green business parks can be an effective tactic of reducing waste by encouraging occupants toward a cycle of waste from one organization serving as input for another.
Answer:
True
Explanation:
Green business parks is the new manner to eradicate waste completely.It will make the earth green and less polluted. As nowadays we are facing with lot many diseases that are mainly the reason of waste that are not able to disposed safely leaving behind many harmful effects on human health.
These parks should be there in the areas that are full of greenery so that the waste disposed can be easily eradicated and no harm should be there on the life of any species on earth. This will be useful for both the human and the earth. These kind of innovations should be made as we don't know how our future will be so As to make our future healthy and safe we should encourage the occupants towards a cycle of eradicating waste.
Which NIMS Management Characteristic includes developing and issuing assignments, plans, procedures, and protocols to accomplish tasks?
A. Manageable Span of Control
B. Comprehensive Resource Management
C. Modular Organization
D. Management by Objectives
Management by objectives includes developing and issuing assignments, plans, procedures and the protocols to accomplish the tasks.
Answer: Option D
Explanation:
NIMS stands for National Incident Management System. NIMS is responsible for providing nation wide frame work and the approach to enable the government at all the levels which are the Federal, state and the local level of Government.
Among the Management characteristic of the NIMS, Management by objectives is responsible for developing the assignments. Along with this it also issues the assignments which are made to achieve certain important tasks. It makes plans and the protocols which are the rules and regulations required to accomplish the tasks. These are done with the help of proper procedures and it has to be followed.
NIMS Management Characteristic includes developing and issuing assignments, plans, procedures helps management by Objectives.
What is National Incident Management System?This is a body put together by American government to help management incident such as disaster including natural.
There are several characteristic that helps to ensure efficient running of the system to accomplish the necessary objective and goal.
Therefore, NIMS Management characteristic includes developing and issuing assignments, plans, procedures helps management by Objectives.
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A perpetual record of a raw materials item that records data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory, is called a(n):_____________
A. Materials ledger card.
B. Materials requisition.
C. Purchase order.
D. Materials voucher.
E. Purchase ledger.
Answer:
The correct answer is A. Material Ledger Card.
Explanation:
A materials ledger card is a subsidiary record of a raw materials item that stores data on the quantity and cost of units purchased, units issued for use in production, and units that remain in the raw materials inventory.
In other words, it is record of how many units of raw materials are ordered from vendors, how many units are in storage, and how many have been transferred to the production line.
In order for a country to progress from a less developed country (LDC) to a moderately developed country (MDC), the country would have to:_________.
a) stationary sources and volcanoes.
b) construction and transportation.
c) incinerators and transportation.
d) raise the per-capita income.
Answer:
d) raise the per-capita income
Explanation:
A less developed country is a country with a low per capita income. They usually don't have a sustainable development.
A moderately developed country is a country that has a per capita income of between $1000 - $12,000.
Per Capita income = GDP / population
I hope my answer helps you.
Which of the following statements is not correct?
A) In a long-run equilibrium, marginal firms make zero economic profit.
B) To maximize profit, firms should produce at a level of output where price equals average variable cost.
C) The amount of gold in the world is limited. Therefore, the gold jewelry market probably has a long-run supply curve that is upward sloping.
D) Long-run supply curves are typically more elastic than short-run supply curves.
Answer:
B) To maximize profit, firms should produce at a level of output where price equals average variable cost
Explanation:
Firms maximize their profit by equating Marginal revenue with The Marginal cost. So, since for perfectly competitive firms, the price equals the Marginal revenue, for these firms profit is maximized by equating Price with Marginal cost not the average variable cost.
The statement 'To maximize profit, firms should produce at a level of output where price equals average variable cost.' is incorrect. Instead, to maximize profit, firms should produce where marginal cost equals marginal revenue.
Explanation:The statement B) 'To maximize profit, firms should produce at a level of output where price equals average variable cost.' is not correct. To maximize profit, firms should produce at a level of output where marginal cost equals marginal revenue, not average variable cost.
The other statements A) 'In a long-run equilibrium, marginal firms make zero economic profit,' C) 'The amount of gold in the world is limited. Therefore, the gold jewelry market probably has a long-run supply curve that is upward sloping,' and D) 'Long-run supply curves are typically more elastic than short-run supply curves' are correct as per standard economic theory.
Statement A refers to the characteristic of a perfectly competitive market where in the long run, firms make zero economic profit because any profit opportunities are eroded by the entry of new firms.
Statement C is correct because when the supply of a resource is limited, increasing the output of products using that resource becomes costlier, causing the supply curve to slope upwards.
Statement D illustrates that in the long run, firms have more flexibility to adjust to changes, making the supply more elastic.
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Nutrimax Corp., a breakfast cereal company, has designed extensive and elaborate advertising campaigns for its existing products. The campaigns mainly focus on the features and benefits of the products that differentiate the cereals from the competition. Nutrimax Corp. is most likely to be using which of the following strategies?
a. Market penetrationb. Product developmentc. Product proliferationd. Market developmente. Capacity control
Answer:
a. Market penetration
Explanation:
Market penetration strategy is a product promotion approach through which a company seeks to gain a greater share in markets it already operates. The strategy is used to increase sales volumes in existing markets.
Market penetration applies where similar goods and services exist. A company uses the low-price technique or present its products as superior as compared to those of its rivals. The objective is to draw customers' attention to the company's products. Advertising using special features and benefits presents the products as unique and superior, thereby attracting customers' attention.
_________ refers to an increase in some quantity over time.
Answer:
Growth
Explanation:
Growth is an increase in quantity and complexity of an organism over time.
In cells, growth occurs by a process known as mitosis. Mitosis is when a cell reproduces identical daughter cells.
I hope my answer helps you.