The monopolist's marginal revenue is sometimes more and sometimess less than the price of its good always less than its the price of its good beyond the first unit is FALSE.
The marginal revenue of monopolists is always less than its price because the price of good always less than the price of the first unit of its good.
Monopolist is a firm operates in monopolistic market. This kind of firm plays as a single supplier for the markett. hence, the market demand curve represents its product's demand curve. Many monopolist is operating under the government's permissions.
Because the market demand curve repesents the monopolists demand for products, the firm has to lower its price to attract market to purchase more units of product. By lowering the product's price, monopolist will be able to sell more unit but produce less marginal revenue and its marginal revenue will be less than price.
Because of this concept, marginal revenue curce of monopolist lies below the demand curve. Since demand reflects the marginal social benefit and magrinal revenue reflects marginal private benefit, Monopolist produce greater marginal social benefits than marginan private
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prepare the statement of cash flows of dux company for the year ended december 31, 2021. present cash flows from operating activities by the direct method.
Cash flow is a measure of how much money a business brought in or spent overall over a period of time.
Monitoring an organization's cash flow, a cash flow statement is a crucial tool for managing finances. This report is one of the three crucial ones that determine a company's performance, together with the income statement and the balance sheet.
The statement of cash flows direct method does not convert the operational section from accrual accounting to a cash basis; rather, it uses real cash inflows and outflows from the company's activities. When income is earned rather than when a customer pays, it is recorded using accrual accounting.
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for investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk. the most well-known credit rating agencies are . (check all that apply.) multiple select question. securities and exchanges sarbanes-oxley moody's standard
For investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk. the most well-known credit rating agencies are Standard and Poor's; Moody's.
An investor is the market player most people most often buddies with the inventory market. buyers are folks that buy shares of a corporation for the long time with the belief that the business enterprise has strong destiny prospects.
An investor is any man or woman or different entity (including a firm or mutual fund) who commits capital with the expectation of receiving monetary returns.
As a lending investor you aren't an owner. in case you purchase equity in a corporation you have got made an ownership funding. The return you earn may be your proportional share of the commercial enterprise's income. The initial funding amount will stay tied up in the corporation's total value.
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The Probate Process When people die, they usually own property, owe debts, and may be owed money by other people. The probate process is often required to settle an estate. If the decedent has a valid will, he or she may have appointed a personal representative known as an to supervise the probate process and settle the estate. However, if the decedent does not ha administrator probate process is usually supervised by a court-appointed executor The individual supervising the probate process becomes the decedent's legal representative, taking care of such matters as collecting bank accounts and money owed to the decedent, paying off debts, creating clear title to make real estate marketable, and distributing the remainder to those who are entitled to it by the decedent's will or by the state's intestate laws.
In a deceased person's will, an Executor is named. The answers are executor followed by administrator because in the absence of a will, a court appoints an Administrator to oversee or administer a decedent's estate.
An administrator is a person whose duty it is to organize and manage the operations of an institution or organization. An administrator is essential to the efficient operation of a firm and offers office assistance to either an individual or a team. They could be in charge of answering phones, welcoming and guiding guests, word processing, making spreadsheets and presentations, and filing. Over a million individuals are currently engaged in public administration positions, indicating the demand for administration specialists on a global scale. Administrators are required by businesses in both the public and private sectors to plan and handle customer files, payroll data, CPD events, personnel details, meetings, and appointments.
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Scarcity is a principle of influence whereby people think there is limited availability of something they want or need, so they must act quickly.
True
False
The statement given is true. Scarcity is a principle of influence whereby people think there is limited availability of something they want or need, so they must act quickly.
Cialdini outlines six influence concepts that can help you persuade others. The six guiding principles are reciprocity, consistency, social proof, like, authority, and scarcity. The seventh component of unity is added by Cialdini in his book "Influence."
His sixth principle, "scarcity," refers to a situation when something helpful to you is in limited supply. Now you desire the scarce product even more! And you take immediate and quick action to obtain that.
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Refer to the information in Exercise 7-7 to complete the following requirements.
On February 1 of the next period, the company determined that $6,800 in customer accounts was uncollectible; specifically, $900 for Oakley Co. and $5,900 for Brookes Co. Prepare the journal entry to write off those two accounts.
The organization prepares each separate customer account on behalf of the customers' accounts receivable. Stock sales, purchases, or returns are recorded in this account.
Oakley Co. and Brookers Co. to write off accounts, the organization must settle their settlement with their respective bad debt amounts as described below.
Journal Entry
Date - Details - Debit - Credit
February 1 - Allowance for Doubtful Accounts $6,800
Accounts Receivable - Oakley Co. - $900
Accounts Receivable - Brookes Co. - $5,900 in February
(to suspicious account ) in the following period, the company realized that $6,800 in customer accounts could not be collected; specifically, $900 to Oakley Co. and $5,900 to Brookes Co.
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most firms today compete in mature markets characterized by commoditization. in these cases, the typically becomes incapable of differentiating the product offering from those of the competition. group of answer choices supplemental products experiential products extended product tangible products
core product is the answer to the given fill in the blanks about mature markets commoditization.
A company's major offering to customers, whether it be a service or product, is known as its core product or flagship product. Either the firm manufacturing the core product or another company to which the it is sold may integrate the it into an end product. Philip Kotler is credited with creating the idea of the term in his 1967 book Marketing Management: Analysis, Planning, and Control. It makes up the first level of the Three Levels of a Product concept.
According to Kotler, there are three categories of products: core product, actual product, and augmented product.
Question
most firms today compete in mature markets characterized by commoditization. in these cases, the typically becomes incapable of differentiating the product offering from those of the competition.
supplemental products experiential products extended product tangible products core productTo learn more about core product click here
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World trade has assumed an importance heretofore unknown to the global community and as a result, many countries and firms have found it highly desirable to become major participants in international marketing.
TRUE
It is true that world trade has assumed an importance heretofore unknown to the global community and as a result, many countries and firms have found it highly desirable to become major participants in international marketing.
An intergovernmental body that controls and promotes global trade is the World Trade Organization (WTO). Governments use the United Nations System to create, amend, and enforce the laws that regulate international trade with effective cooperation. According to the 1994 Marrakesh Agreement, it began operating formally on January 1st, 1995, taking the place of the 1948-established General Agreement on Tariffs and Trade (GATT). The WTO is the biggest international economic organization in the world, with 164 members representing more than 98% of trade and GDP worldwide.
The WTO provides a framework for the negotiation of trade agreements, which typically aim to lower or remove tariffs, quotas, and other limitations.
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which of the following workplace hazard control approaches is the least preferable way of reducing occupational exposures
PPE is the workplace hazard control approaches is the least preferable way of reducing occupational exposures.
An occupational exposure limit is a cap on the amount of a hazardous substance that can be present in the air at work for a given material or class of materials. To safeguard occupational safety and health, standards are normally established by competent national agencies and enforced through legislation. A patient's blood may come into contact with the eye, nose, mouth, or skin in the workplace or cause needlesticks, wounds, or other injuries from other sharp objects that have been contaminated with the blood of an infected patient. Exposure to blood or bodily fluids while doing one's job duties is referred to as occupational exposure. Non-Workplace exposures include any direct mucosal, percutaneous, or intravenous contact with potentially infected body fluids that takes place outside of perinatal or occupational circumstances.
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firms that are perfectly competitive will have a value of the marginal product curve. group of answer choices horizontal vertical downward-sloping upward-sloping.
C) The individual perfectly competitive firm's demand curve is horizontal, so the price stays the same.
This option is correct because the perfectly competitive firm's demand curve is horizontal. It indicates that profit is maximized when a product's marginal revenue is equal to its marginal cost, price, and average revenue. The demand curve is another name for the average revenue curve.
The market in which a product's price is determined by balancing market demand and supply is known as a perfectly competitive market. It indicates that the market equilibrium is established when two curves intersect.
With an example, what is the ideal market?A perfect market is one in which there are no anomalies that would prevent the best prices from being obtained. These are some perfect market structure examples: a lot of people who bought it. a significant number of vendors. The products are all the same.
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Full Question = The demand curve faced by the individual perfectly competitive firm is:
a. vertical.
b. upward sloping.
c. horizontal.
d. downward sloping.
Presenting consolidated financial statements this year when statements of individual companies were presented last year is a. a correction of an error. b. an accounting change that should be reported prospectively. c. not an accounting change. d. an accounting change that should be reported by restating the financial statements of all prior periods presented.
The financial statements of a business having numerous divisions or subsidiaries are called consolidated financial statements. Companies frequently refer to the aggregated reporting of their entire firm together when using the term "consolidated" in financial statement reporting.
Consolidated financial statement reporting, on the other hand, is defined by the Financial Accounting Standards Board as the reporting of an entity that is organized with a parent company and subsidiaries. While public firms must disclose financials in accordance with the Financial Accounting Standards Board's Generally Accepted Accounting Principles, private entities have very few reporting responsibilities (GAAP). When a corporation reports on a global scale, it must also adhere to the International Financial Reporting Standards set out by the International Accounting Standards Board (IFRS).
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is planning construction of a new shipping depot for the single manufacturing plant. The initial cost of the investment is $500,000. Efficiencies from the new depot are expected to generate cash flows of $70,000 for each of the next 20 years. The corporation has a total market value of equity of $60 million and has outstanding debt of $40 million. What is the NPV of the project if the firm has an after tax cost of debt of 6% and cost of equity of 9% $197,621 $30,192 $302,894 $213,614 Negative NPV
The NPV of the project if the firm has an after tax cost of debt of 6% and cost of equity is NPV = $197,621.
Market value of Equity = $60,000,000
Market value of Debt = $40,000,000
Weight of Equity = $60,000,000 / ($60,000,000 + $40,000,000) = 60%
Weight of Debt = $40,000,000 / ($60,000,000 + $40,000,000) = 40%
WACC = (0.60 * 9%) + (0.40 * 6%)
= 7.80%
NPV = Present value of cash inflows - Initial Investment
NPV = $70,000 / (1.078)1 + $70,000 / (1.078)2 + $70,000 / (1.078)3 + $70,000 / (1.078)4 + $70,000 / (1.078)5 + $70,000 / (1.078)6 + $70,000 / (1.078)7 + $70,000 / (1.078)8 + $70,000 / (1.078)9 + $70,000 / (1.078)10 + $70,000 / (1.078)11 + $70,000 / (1.078)12 + $70,000 / (1.078)13 + $70,000 / (1.078)14 + $70,000 / (1.078)15 + $70,000 / (1.078)16 + $70,000 / (1.078)17 + $70,000 / (1.078)18 + $70,000 / (1.078)19 + $70,000 / (1.078)20 - $500,000
NPV = $697,621 - $500,000
NPV = $197,621
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At December 31, 2021, Bramble Corp. reported this information on its balance sheet.
Accounts receivable
Less: Allowance for doubtful accounts
2.
During 2022, the company had the following transactions related to receivables.
3.
$555.000
5.
36.000
Sales on account
Sales returns and allowances
Collections of accounts receivable
Write-offs of accounts receivable deemed uncollectible
Recovery of bad debts previously written off as uncollectible
$2.746.000
46,000
2,147.000
40,000
15,000
Prepare the journal entries to record each of these five transactions. Assume that no cash discounts were taken on the collections of accounts receivable. (Credit occount titles are automaticolly indented when amount is entered. Do not indent monually). 4. 5. (To reverse account previously written oft) (To record the collection of accounts receivable.)
Journal entries are made by organization or companies to manage their accounts, sales and revenue.
To record sales on account:
Debit: Accounts Receivable, $555,000
Credit: Sales, $555,000
To record sales returns and allowances:
Debit: Sales Returns and Allowances, $46,000
Credit: Accounts Receivable, $46,000
To record collections of accounts receivable:
Debit: Cash, $2,147,000
Credit: Accounts Receivable, $2,147,000
To record write-offs of accounts receivable deemed uncollectible:
Debit: Allowance for Doubtful Accounts, $40,000
Credit: Accounts Receivable, $40,000
To reverse previously written off accounts:
Debit: Accounts Receivable, $15,000
Credit: Allowance for Doubtful Accounts, $15,000
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central features of _____ blank include: (1) the task; (2) the person responsible for completing that task; (3) the date to finish the task; and (4) what is to be delivered.
Multiple Choice a. SWOT analysis b. Gantt chart c. marketing action memo
Gantt chart blanks should include the following information: the task, the person responsible for completing it, the deadline, and the deliverables.
What is a Gantt diagram?
A Gantt chart, which is commonly used in project management, is one of the most popular and efficient ways to show activities (tasks or events) presented against time. The chart's left side contains a list of the activities, and its top features a proper time scale. Each activity is represented by a bar, whose location and length correspond to the activity's start, middle, and end dates. This enables you to decide quickly:
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in a manager-managed limited liability company (llc), the members select a group of managers to manage the affairs of the company. the managers may be selected from . multiple choice question.
In a manager-managed limited liability company (LLC), the members select a group of managers to manage the affairs of the company. The managers may be selected from either the members or nonmembers
Company Business is a 1991 action film written and directed by Nicholas Meyer and starring Gene Hackman and Mikhail Baryshnikov. The film follows the exploits of Sam Boyd (Gene Hackman), a former CIA agent who is reactivated to escort Pyotr Ivanovich Grushenko (Mikhail Baryshnikov), a captured KGB mole, to a prisoner exchange in the recently unified Berlin.
As the Cold War quickly draws to a close, CIA agent Sam Boyd goes freelance as a corporate spy for cosmetics giant Maxine Gray, only to find his hands-on style of espionage rendered obsolete by the capabilities of younger computers. hackers. Boyd is suddenly called back to the CIA by his superior.
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descriptions of factors such as the background of the company, your competitive advantage, company objectives, and the legal business form would be found in which of the following sections?
Company sections would provide details of elements including the history of the company, your competitive advantage, company goals, and the legal business form.
What do you mean when you refer to company law?
LAW. the body of regulations governing the establishment and operation of businesses: Charity recipients need not be mentioned in annual reports per corporation law, but recipients of political donations must. It is a group of people coming together voluntarily to contribute to the capital needed for the firm to operate.
What constitutes a company law?In Nigeria, a complex of legislation known as corporate law governs the formation and operation of corporations. It also consists of several laws that control the taxation of corporations and some business operations. It has a separate legal existence, limited responsibility, the power to enter into contracts, possess property, bring legal actions or be subject to legal action, and perpetual succession.
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jeremy told the marketing team that personal selling is the most costly way to communicate with prospects. this is because it
You will establish your initial personal connection with your prospect or prospects at the approach stage of the selling process. This phase entails customizing your meeting or otherwise building rapport in order to engage the potential customer or buyer.
What is the customer?A customer is someone who makes a purchase from a seller, vendor, or supplier of goods, services, or ideas in exchange for money or another beneficial value. Sales, business, and economics all fall under this criteria.
A customer is any person or organization that makes a purchase from another firm. Because they provide revenue, customers are essential to businesses because they would not exist otherwise. The adaptability of personal selling is its greatest asset. Salespeople can modify their
Presentations to meet the wants, motivations, and actions of certain clients. Salespeople can immediately make necessary adjustments as they see the prospect's response to a sales approach.
Therefore, In order to engage the potential customer or buyer.
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identify which accounts would appear in a post-closing trial balance: multiple select question. supplies expense merchandise inventory rent expense equipment accounts receivable drawing
Permanent (real) accounts would appear in a post-closing trial balance
At the end of the accounting month, all temporary accounts will be closed off to zero. Therefore, the post-closing trial balance should reflect the same balance as the balance sheet because it only includes permanent accounts. The post-closing trial balance should only show the balances of permanent accounts. These post-closing T-account balances are moved to the post-closing trial balance's debit or credit column, depending on the account type. Once all accounts have been entered, add up the values in each column and make sure they add up to the same amount.
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for many companies, the original driving force behind the effort to diversify their workforces was a combination of
The initial impetus for many businesses to diversify their workforces was a blend of social obligation and regulatory need.
Workforce diversity is the sum of an employee's unique traits, backgrounds, beliefs, experiences, values, preferences, and behaviors as well as their similarities and contrasts.
According to research, diversifying your staff may increase efficiency by 35%. A varied team is more likely to comprehend the demands of your consumers and develop solutions to meet those needs. Diversity in the workplace will boost employee morale, which will inspire them to do their duties more successfully and efficiently.
Another illustration of workplace diversity is when a corporation prioritizes workers from unusual or distinctive backgrounds. Many businesses could have a program where they try to hire people who have served in the military, for instance.
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describe techniques to build intrinsically motivated teams. which of the following is the best example of a technique to build intrinsic motivation?
The best example among the following of a technique to build intrinsic motivation is Capt Bello giving his followers the opportunity to learn more about a colleague's function to help widen the learning culture.
Leaders that are intrinsically motivated have a sense of passion and purpose that goes beyond the job's immediate objectives. Their natural urge to lead does not wane once even when that mission has been accomplished. Instead, it is like a well that overflows with the passion for inspiring others to accomplish a task.
These are the few techniques by which we can build an intrinsically motivated team:
Give your employees the option of working on projects of their choice for 10% of the time. This will promote inventiveness and creativity among the team.Give away part of your power. Give your staff more freedom. Give your employees duties that are just right—not too difficult or too simple. These will challenge your team members and aid in their skill development.Encourage teamwork and cross-skilling.Learn more about intrinsic motivation here brainly.com/question/3143857
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entries for issuing bonds thomson co. produces and distributes semiconductors for use by computer manufacturers. thomson issued $480,000 of 15-year, 12% bonds on may 1 of the current year at face value, with interest payable on may 1 and november 1. the fiscal year of the company is the calendar year. date transaction may 1. issued the bonds for cash at their face amount. november 1. paid the interest on the bonds. december 31. recorded accrued interest for 2 months. journalize the entries to record the above selected transactions for the current year. if an amount box does not require an entry, leave it blank. date account debit credit may 1 - select - - select - - select - - select - nov. 1 - select - - select - - select - - select - dec. 31 - select - - select - - select - - select -
May 1. Issued the bonds for cash at their face amount Debit Cash Account $900,000 to Credit Bond Account $900,000, Nov 1. Paid the interest on the bonds Debit Interest on Bond Account $31,500 (900,000 * 7% * 6/12) to Credit Cash Account $31,500.
Which debit do you mean?A debit is a record of the funds that have been deducted from your bank account, such as when you write a check. The amount of debits and credits must equal one another. Synonyms: repayment, payment, debt, commitment More debit's opposites.
Is debit a positive or negative number?A balance sheet account's debit is its positive side, and a result item's debit is its negative side. In accounting, a debit entry is one that appears on the left side of a double-entry bookkeeping system and denotes either the addition of an asset or expense or the decrease of a liability or revenue. A credit is what a debit is the opposite of.
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cleats, unlimited developed a new style of soccer shoe. this is an example of . group of answer choices product development market penetration product differentiation market development diversification
Product Development
How does product development work?The process of creating a product, from its initial concept or idea through its eventual release on the market and beyond, is generally referred to as product development.
Marketing differentiation: What does it mean?To draw and keep customers, marketing differentiation involves creating distinctive goods and services. Companies that employ marketing differentiation can set their products apart from those of rivals in a number of ways, including price, quality, service, innovation, and accessibility.
How Does a Product Differentiate?The primary factor or factors that set a company's goods or services apart from those of the competitors are called product differentiators. Brand loyalty and higher sales are the results of effective product differentiation.
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Flu shots provide a positive externality. Suppose that the market for vaccinations is perfectly competitive. Without government intervention in the vaccination market, which of the following statements is correct?
At the current output level, the marginal social benefit exceeds the marginal private benefit
At the current output level, the marginal social benefit exceeds the marginal private benefit is correct.
output levelIt is the maximum amount of output that an economy can maintain. It is "natural" because an economy returns to its normal level of output after a recession or period of overheating. Natural level of output is also known as natural level of production, long-run aggregate supply, or full-employment output. Level (dB) Out inside the output block allows you to fine-tune the output level before converting to an analog signal. While the level is still in the digital realm, it is modified. It functions in the same way as a Level control placed before the output block.
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When a buyer takes over payments on a loan without telling the lender, this is called a purchase _____________.
When a buyer takes over payments on a loan without telling the lender, this is called a purchase Subject to existing financing
A mortgage that is subject to an existing mortgage is what the term "subject to mortgage" imply. In a subject to deal, the seller does not pay off their current mortgage; rather, the new buyer assumes responsibility for paying off the seller's previous debts. Subject to mortgages are frequently misunderstood but are not as complicated as many first believed. The answer is in the name, if for no other reason than the fact that very few people actually know what a subject to mortgage is. The loan that is already in place is what the phrase "subject to" in a subject to mortgage most simply refers to.
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derek invested money in a company's stock which then skyrocketed in value overnight. the value of derek's investment this morning is 7 times as large as the value of his investment yesterday morning.
The value of Derek's investment this morning is 7 times as large as the value of his investment yesterday morning. If investment was A today value is 6 times =6A
Let it is k%
so, 6A=(ki) (A)
6=k%
= k/100 = 6
Percentage charge = 6A-A*100/A
= 5A/A*100
= 500%
An funding is an asset or object received with the intention of producing profits or appreciation. Appreciation refers to an boom withinside the price of an asset over time. When an character purchases an amazing as an funding, the motive isn't to devour the coolest however alternatively to apply it withinside the destiny to create wealth.
If you need to make cash each day, you have to indulge in intraday trading. In intraday trading, you purchase and promote shares inside a day. Stocks are bought now no longer as a shape of funding, however as a manner of creating earnings with the aid of using harnessing the fluctuations of the inventory prices.
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suppose the federal reserve sets the reserve requirement at 12 percent, banks hold no excess reserves, and no additional currency is held.
The federal reserve sets the reserve requirement at 12 percent, banks hold 500 million reserves, and 60 million currency is held.
The Federal Reserve gadget is the critical banking gadget of the us of the usa. It became created on December 23, 1913, with the enactment of the Federal Reserve Act, after a series of monetary panics led to the desire for valuable manage of the monetary machine a good way to alleviate economic crises.
The Federal Reserve Act of 1913 gave the Federal Reserve obligation for putting financial coverage. The Federal Reserve controls the 3 tools of economic policy--open market operations, the bargain fee, and reserve requirements.economic policy in the united states of america accommodates the Federal Reserve's moves and communications to promote maximum employment, strong fees, and moderate lengthy-time period interest fees.
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during an internal business presentation, a speaker's credibility can be increased through which two of the following?
a speaker's credibility can be increased through demonstrating knowledge about a business issue and explaining how a business idea will improve the company.
Business Matter means (i) a business plan or any part thereof (including the Annual Operating Budget or Annual Capital Budget); or (ii) a dispute between Members concerning the failure to reach agreement on the election of a Co-Chairman Or president.
American society today faces many controversial issues. These include animal rights, civil rights, the death penalty, domestic and sexual violence, climate change, gun violence, healthcare, homelessness, immigration, privacy, pollution, poverty, racism and terrorism.
Key business issues can be viewed as 'problems or opportunities that are important to the overall success of the organization'.
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in long-run equilibrium, purely competitive markets: group of answer choices yield economic profits to most sellers. minimize total cost. maximize the sum of consumer surplus and producer surplus. inevitably degenerate into monopoly in increasing-cost industries.
In long-run equilibrium, purely competitive markets maximize the sum of consumer surplus and producer surplus.
The long run is a theoretical concept in economics where all markets are in equilibrium, all prices have fully adjusted, and all quantities are in equilibrium. The short-run, where there are certain restrictions and markets are not completely in equilibrium, contrasts with the long-run.
An economy is in a recession if its real GDP at the moment is lower than the output at full employment. An economy is in a boom if its real GDP at the moment is higher than its output at full employment. We say the economy is in long-run equilibrium if the current output is equivalent to the output at full employment.
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The Laserlight Corporation operates one central plant that has two divisions, the Flashlight Division and the Night Light Division. The following data apply to the coming budget year.
Budgeted costs of operating the plant for 2,000 to 3,000 hours:
Fixed operating costs per year $450,000
Variable operating costs $600 per hour
Budgeted long-run usage per year $80 per technician hour
Flashlight Division 2,000 hours
Night Light Division 500 hours
Practical capacity 3,000 hours
Assume that practical capacity is used to calculate the allocation rates.
Actual usage for the year by the Flashlight Division was 1,400 hours and by the Night Light Division was 600 hours.
If a single-rate cost allocation method is used, what amount of cost will be allocated to the Flashlight Division? Assume actual usage is used to allocate operating costs.
A. $1,050,000
B. $1,500,000
C. $1,200,000
If a single-rate cost allocation method is used then, $1,500,000 will be allocated to the Flashlight Division.
If a single-rate cost allocation method is used then, $1,500,000 ($750 x 2,000) will be allocated to the Flashlight Division,which has been found out by multiplying the total overhead cost per hour variable overhead cost plus fixed overhead cost.Illumination Corporation operates one central plant that has two divisions, the Flashlight Division and the Night Light Division.Manuals on liquid penetrant, magnetic particle,radiographic, ultrasonic and eddy current testing have already been published in the Training course series.
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A cell phone company offers a promotion in which it gives away a free phone to people who purchase the highest-level data usage plan. This is an example of which of the following?
a. balance subsidies
b. promotional subsidies
c. direct cross-subsidies
d. risk reduction subsidies
A cell phone firm runs a campaign in which it gives away a free phone to customers who buy the most expensive data use plan. This is an instance of direct cross-subsidization. Thus, the correct answer is (c) direct cross-subsidies.
What is direct cross-subsidies?Cross subsidization is the practice of supporting one product with the earnings from another. This suggests that one set of consumers is subsidizing the consumption of another group of customers. This situation occurs when public transit rates in highly inhabited places are slightly raised to compensate for artificially low transit fares in less-populated areas where the government is attempting to stimulate the usage of public transportation. Higher rates, lower staff compensation, fewer frequencies, and older vehicles on popular services lessen the attractiveness of services and extend financial risks of unprofitable services to lucrative services, which might result in cuts to profitable services to offset expected and unforeseen losses.
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maya is the promoter of a corporation called phoenix inc., which is in the process of being formed. prior to incorporation, maya rents office space in phoenix's name. phoenix is bound by maya's contract.
False
False, phoenix is not bound by maya's contract even if maya is the promoter of a corporation
A promoter is the person who takes the initiative to start or organize a business in accordance with corporate law. A promoter is the originator or organizer of a corporation or business endeavor. The word is most frequently used in relation to incorporation.
The function of a promoter may be entirely or partially carried out by an investment banker, underwriter, or stock promoter. Promoters often have a duty of absolute good faith to reveal all relevant information about the company's operations and not to deceive any potential investors.
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