Millennials place a high value on money, so linking training to monetary incentives facilitates learning for them.
What are the pros and cons of relocating a small or midsized manufacturing firm (that makes mature products) from the united states to china?
There are usually more positive than negatives when it comes to moving manufacturing from the United States to China. It's cheaper to pay wages in China for the same type of work that someone in America would expect to be paid. Not only can you pay the workers less, you can then afford to expand and hire more people due to saving the money on American wages. Usually, you can also get products cheaper in China and cut down the cost of your product. However, with cheaper labor and materials comes cheaper quality and the quality dropping may hurt consumers willingness to buy.
There are more pros than cons if a small or midsized firm performs a relocation of its operations from the United States to China.
What is the significance of relocation?Relocation can be referred to or considered as the process of moving from one region to another due to a change in the life conditions. Relocation may also be performed by manufacturing firms with respect to its operations of production.
If a firm decides to relocate from the United States to China, the pros of the same will be as follows:-
Reduced labor costsReduced production costsBetter scope of expansionAccess to local marketsWhereas, the cons of relocation from the United States to China include the following,
Compromise on quality of productsTransportation costs riseTherefore, the significance regarding relocation from the United States to China has been aforementioned.
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Mcmurtry corporation sells a product for $180 per unit. the product's current sales are 12,900 units and its break-even sales are 11,094 units. the margin of safety as a percentage of sales is closest to:
14%
Margin of Safety:
[(current sales - break even)/current sales] * 100
(12900-11094)/12900] *100
(1806/12900)*100
.14*100 = 14%
Margin of safety is 14% when calculated for McMurtry Corporation's product using the given sales data.
Margin of safety is calculated as the difference between actual sales and the breakeven sales, expressed as a percentage of actual sales. In this case, actual sales are 12,900 units and breakeven sales are 11,094 units.
To calculate the margin of safety percentage:
Margin of Safety = Actual Sales - Breakeven Sales
Margin of Safety Percentage = (Margin of Safety / Actual Sales) x 100%
Plugging in the numbers: Margin of Safety = 12,900 - 11,094 = 1,806 units. Margin of Safety Percentage = (1,806 / 12,900) x 100% = 14%
Last year, bruceco sold 1000 coffee cups for $10 each. this year, the company is planning on selling 1500 coffee cups. in order to cover the additional investment they will charge $10.50 for the first 500 cups, $10.25 for the second 500 cups and $10 for the last 500. each cup costs $4.70 to produce. what is the marginal revenue for the 1125th cup?
Last year, BruceCo sold 1000 coffee cups for $10 each. This year, the company is planning on selling 1500 coffee cups. In order to cover the additional investment they will charge $10.50 for the first 500 cups, $10.25 for the second 500 cups and $10 for the last 500. Each cup costs $4.70 to produce. What is the marginal revenue for the 1125th cup?Answer: $10.00Last year, BruceCo sold 1000 coffee cups for $10 each.
Both managers and workers cite low managerial ethics as a major cause of american
Competitive problems.
If there are not ethics standards in place that are followed by the company, it is hard for businesses to compete on a level playing field.
The kidz world toy store used to have a section labeled "toys for boys" that included footballs, chemistry sets, and toy trucks, and a separate section labeled "toys for girls" that included dolls, play kitchen sets, and costume jewelry. last month the store's manager combined these two sections into one, and removed the gender labels. the manager hoped it would help people change their ideas about which toys are appropriate for a child. the manager is trying to change people's gender select one:
They are trying to reduce gender stereotyping.
The toy store manager's decision to remove gender labels aims to challenge gender stereotypes and create a more inclusive environment for all children.
The toy store manager's decision to remove gender labels and combine the sections is an effort to promote inclusivity and challenge traditional gender stereotypes. By eliminating the division between "toys for boys" and "toys for girls", the manager aims to create a more welcoming environment for all children. This initiative aligns with recent efforts, such as the Gender Neutral Retail Departments law and LEGO's move to remove gender bias from their products, to encourage gender-neutral marketing of toys.
A system that permits banks to hold less than 100 percent of their deposits as reserves is called a
I think its federal reserve
Franklin producers sells its core product for $5 per unit and has variable costs of $3 per unit. total fixed costs are $22,000. suppose variable costs increase by 30% due to an increase in the cost of direct materials. what will be the effect on the breakeven point in units?
$5-3 = $2 per unit
$22000/$2
11,000 units
$3.00 X 30%
$3.09
$5-$3.09
$1.91 per unit
$22000/$1.91
11, 519 units rounded up
Franklin producers sells its core product-------------. The effect on the breakeven point is 11, 519 units.
What is breakeven point?Break-even point is a business term that refers to the point at which a company's revenue from sales equals its total expenses, resulting in zero profit or loss. At the break-even point, the company is not making a profit, but it is also not incurring a loss.
Understanding the break-even point is important for businesses to determine the minimum level of sales needed to cover their costs and avoid losses. It can also be used to analyze the profitability of different pricing strategies and help with decision-making on investments, expansion plans, and other financial decisions.
In the above case, the effect on the breakeven point is 11, 519 units.
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Luke is playing a video game on a defective disk that melts in his game player, starting a fire that injures his hands. luke files a suit against mystic maze, inc., the game's maker under the doctrine off strict liability. a significant application of this doctrine is in the area of
A significant application of this doctrine is in the area of "product liability".
Product liability refers to a manufacturer or seller being held liable for setting an inadequate item under the control of a consumer. Responsibility regarding an item deformity that causes damage lies with all dealers of the item who are in the distribution chain. In general terms, the law necessitates that an item meet the customary desires for the buyer. At the point when an item has an unforeseen defect or danger, the item can't be said to meet the common desires for the consumer.
In america today, what percentage of individuals between the ages of 14 and 17 are in school?
According to the National Center for Educational statistics, approximately 90-99% of children age 14-15 are enrolled in school (this does not measure the number that actually attend school).
Approximately two-thirds of high school graduates in America, which includes individuals ages 14 to 17, are typically enrolled in school during their teenage years and up to age 24. However, various factors such as adults not finishing high school and overcrowded classrooms can influence enrollment rates.
Explanation:The question asked about the percentage of individuals aged 14 to 17 who are currently in school in America. While the exact statistics vary year-to-year and are subject to change, the U.S. Census Bureau's American Community Survey provides relevant data for this age group. Specifically, in recent years, approximately two-thirds of high school graduates are enrolled in college between their teen years and age twenty-four, indicating that a high percentage of individuals within the age group are likely to be in school.
It's noteworthy also to understand that the educational landscape in the U.S. has its set of disparities, with millions of adults not finishing a high level of schooling and classrooms being overcrowded. These circumstances can influence school enrollment rates and the overall educational experience of students.
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Which of the following guarantees the deposits in almost all banks up to a $250,000 limit per account?a. the U.S. Treasuryb. the Federal Reservec. Bank of America Corporationd. the FDIC
FDIC Federal Deposit Insurance
What are the expenses a firm must pay before it can begin to produce and sell goods called?
Answer:
The answer is startup costs.
Explanation:
Startup costs are inevitable costs that a new business would incur when starting to establish its operations. Some examples of this would be legal services cost to help them in registering the company, designer services for company logo and official website, and initial office rental cost. It is advised to budget wisely the total expense you would need for this before paying for them.
Entry costs and costs of production are crucial expenses for firms before they can generate revenue. Short-term loans may be necessary to bridge the gap between expenses and revenue.
Entry costs are the expenses a firm must pay before it can begin to produce and sell goods. These costs include design costs, establishing production lines, organizing manufacturing processes, and ordering specialized machinery.
Furthermore, a firm's costs of production involve expenses such as raw materials, energy, and wages for workers. These costs contribute to determining the firm's profits, which are revenues minus costs.
In addition, firms may need to take out short-term loans to cover some operating costs, especially when there's a time gap between expenses incurred and revenue earned.
Fiscal policy refers toa.changes in the interest rate.b.changes in the money supply.c.changes in the amount of physical capital in the economy.d.discretionary changes in government spending and taxes.when an economist is using the term "discretionary" as in discretionary spending, they are referring to thea.money a government must spend on legislated items, such as social security payments.b.consumption of households.c.amount of government spending decided upon by congress or the government's ruling body.d.the shifts of the demand and supply curves.
the answer is d. discretionary changes in government spending and taxes
Fiscal policy involves government's use of spending and tax policy to impact the economy through changes in aggregate demand. Discretionary fiscal policy denotes intentional adjustments in government spending and taxes in response to economic conditions.
Fiscal policy is the use of government spending and tax policy to influence the economy. Governments can employ expansionary fiscal policy to boost aggregate demand or contractionary fiscal policy to reduce it. Discretionary fiscal policy refers to intentional changes in government spending and taxes made in response to economic conditions.
If major earthquakes occur along active segments of the san andreas fault about every 200 years, when can another major event be expected along the fort tejon section?if major earthquakes occur along active segments of the san andreas fault about every 200 years, when can another major event be expected along the fort tejon section?this segment should generate another major event any day now!this segment should generate another major event around 2050–2060.it is impossible to estimate when this segment should produce another major event.this segment should not generate another major event, as it experiences fault creep.
A survey asks respondents to answer the question "what are the most important features you would look for in choosing a new refrigerator, and why?" what type of question is this?
This is an unstructured question, because it doesn't provide a list of options to choose from or rank and rather lets the respondent discuss what is most important to them in an open-ended way.
As per the given sentence (what are the most important features you would look for in choosing a new refrigerator, and why?) the unstructured question will be there in it.
What is marketing?Marketing is the process of analysing, developing, and providing value in terms of products and employments to fulfill the needs of a target market. Potentially includes the selection of a target gathering; the selection of certain attributes or themes to emphasise in advertising.
As when the survey asks respondents to answer the question of what are the most important features you would look for in choosing a new refrigerator, there will be the unscripted question is there in it.
Therefore, The right option (C) is correct.
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The complete option was as follows.
a. structured question
b. closed-ended question
c. unstructured question
d. multiple choice question
e. biased question
Factor mobility aids in economic development when a region suffers a natural disaster such as an earthquake or tornado. a technological advance causes some firms to go out of business. there is an increase in both outsourcing and insourcing. all of the choices are correct.
All of these are correct
For a large sporting event the broadcasters sold 66 ad slots for a total revenue of $170 million. what was the mean price per ad slot?
The answer is $2,575,757
The mean is defined as the average, so you are looking for the average cost of the 66 ad slots. The correct way to calculate this is to divide $170 million by 66.
$170,000,000 / 66 = $2,575,757
Kendra worked in a library in missouri processing books and getting them ready for the shelves. her work was recently taken over by a firm in india. kendra is a victim of
This is an example of outsourcing, which is when domestic jobs are sent to countries overseas to take advantage of the lower costs.
An employer can use the ellerth/faragher affirmative defense in a case where the:
1. Employer must have taken reasonable care to prevent and promptly correct any sexual harassing behavior.
2. Plaintiff employee must have unreasonable failed to take advantage of preventive or corrective opportunities to avoid harm.
An employer can use the Ellerth/Faragher affirmative defense in sexual harassment cases, showing they took steps to prevent or address the behavior, and the employee didn't utilize these measures. This defense doesn't apply to cases of racial discrimination.
An employer can use the Ellerth/Faragher affirmative defense in a case where there's an allegation of sexual harassment, but not for cases specifically regarding racial discrimination. The Ellerth/Faragher affirmative defense arises from two Supreme Court cases that established a framework for defending against claims of sexual harassment when no tangible employment action (like firing or demotion) is taken against the claimant. Employers must prove that they exercised reasonable care to prevent and correct promptly any sexually harassing behavior and that the employee unreasonably failed to take advantage of any preventive or corrective opportunities provided.
Which of these job characteristics would result in the learning curve having less of an effect?
Repetitive tasks would have less of a learning curve than more complex tasks.
Linda saw a print ad in a magazine for clairol's natural essence semi-permanent hair color that she knew existed but did not know anything about it. the ad informed her that users of this hair dye will not see gray roots. in terms of the hierarchy-of-effects model, which step does this marketing communication represent?
This is the knowledge/expectations stage of the hierarchy of effects, because Linda is now aware of the product and is starting to learn about it.
The hierarchy of effects is:
1. Awareness - know the product exists
2. Knowledge- learn about the features of the product
3. Liking - make sure the customer likes the product and if not, figure out why
4. Preference- customers want your product over other brands
5. Conviction- the decision to make the purchase
6. Purchase - actually going out and buying the product
Linda's encounter with Clairol's Natural Essence semi-permanent hair color print ad corresponds to the 'Awareness' or 'Knowledge' stage of the hierarchy-of-effects model.
Explanation:In the context of the hierarchy-of-effects model, the scenario described wherein Linda learns about the benefit of Clairol's Natural Essence semi-permanent hair color via a print ad corresponds to the 'Awareness' or 'Knowledge' stage. The model, which is commonly used in advertising and marketing communications, describes the sequence of steps a customer goes through from ignorance about a product to purchase. The 'Awareness' stage is where the customer first becomes conscious of the product's existence, while the 'Knowledge' stage involves the customer gathering more information about the product. In Linda's case, the print ad not only made her aware of Clairol's hair dye but also educated her about its benefit of concealing gray roots.
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The upper-right number on a check that helps you keep track of checks written is called a(n) _____.
its' the Check Number – Each time you write a check, even for an electronic payment by phone, you should use the next available number in sequence and be sure to record the necessary information in your checkbook.
Edvin had opened up a new coffee shop in town called Edvin's Espresso. He had ordered fancy self-serve coffee dispensers from Italy for customers to help themselves to the organically grown espresso coffee. Edvin forgot to glue down one of the corners of a laminated tile that kept popping up. Phoebe was heading for the coffee counter to add some organic milk to her coffee, when she tripped on the tile corner and fell. Edvin is liable to Phoebe under _____.
battery
negligence
strict liability
fraud
He is liable under negligence, which is the failure to take proper care or do something that is normally expected in the course of the work. As the owner of the business, he would have normally been expected to provide a safe hazard-free environment for customers.
Edvin is likely liable to Phoebe under negligence because he failed to fix a hazardous condition in his coffee shop, which resulted in her injury.
Explanation:Edvin is liable to Phoebe under negligence. Negligence is a tort that arises from the failure of the tortfeasor to take reasonable care to avoid causing injury or loss to another person. In this case, Edvin failed to properly secure a tile in his coffee shop, which created a hazardous situation leading to Phoebe's injury. This lack of action on Edvin's part could be considered a breach of his duty of care towards his customers, making him potentially responsible for any resulting injuries. It is important to understand that liability in such cases would depend upon demonstrating that Edvin had a duty to his customers, he breached that duty, the breach caused the injury, and Phoebe suffered damages as a result.
You are a professional baseball player and you have a good luck charm. when you wear it the team wins when you don't wear it the team loses what do you infer
The inference that the lucky charm helps you will in an example of the logical fallacy of overs implication.
Suppose the cpi was 120 last year and is 144 this year.
a. what is this year's rate of inflation?
Final answer:
This year's rate of inflation, calculated from a CPI increase from 120 to 144, is 20%. The rate of inflation is the percentage change in CPI, not merely the difference in index numbers.
Explanation:
To calculate this year's rate of inflation, we need to look at the percentage increase in the CPI (Consumer Price Index) from last year to this year. The formula to determine the inflation rate is:
(New CPI - Old CPI) / Old CPI × 100%
Using the given figures:
(144 - 120) / 120 × 100% = 24 / 120 × 100% = 20%
Therefore, this year's rate of inflation is 20%.
To explain why the rate of inflation is not just the change in the index number, consider the example provided in the question. While the index number increases by five each year, the percentage change is different because the base changes. From 110 to 115, the percentage change is (115-110) / 110 × 100% = 4.55%. From 115 to 120, the percentage change is (120-115) / 115 × 100% = 4.35%. Although the index number increases by the same amount, the inflation rate is slightly different each year because it's a percentage of a changing base number and not a fixed amount.
Ian has five years of managerial experience with a shopping center. However, he quit his job to attend to his ailing mother. He was without a job for six months. He now wants to apply for a job in a company. But first he must explain the six-month gap in his work experience. How do you think he can explain it to the employer?
A.
by mentioning the reason for the gap in the closing section of the resume
B.
by mentioning the reason for the gap in the heading section of the resume
C.
by mentioning the reason for the gap in the cover letter
D.
by mentioning the reason for the gap in the portfolio
The correct answer is choice C.
A gap in his work history for personal reasons is best addressed in the cover letter. He can easily address it by saying something similar to: “I am looking to return to the workforce after taking time off to care for an ill family member.”
Option C would be correct. By mentioning the reason for the gap in the Covering Letter.
A covering letter is a document, attached with the CV or Resumes, that describes the content of the attached documents. If anything needs to be mentioned by the Resume Holder, that should be there in the cover letter.
There is no need to write it down in the beginning or the ending of the Resume, or there is no need to mention the reason in the portfolio. Covering Letter is the best way to write about such problems.
Marketing in foreign markets can require altering the goods or services offered to meet the taste of local customers. therefore, business leaders must develop a _____ to meet customer needs in each key market.
Global marketing mix that includes different strategies and types of ads based on the target market.
Suppose that the local sales tax rate is 3 % and you purchase a car for $ 13 comma 800.
a. how much tax is paid?
b. what is the car's total cost?
a. $414
.03* 13,800 = 414
b. $14,214
Car price + tax
13,800 + 414 = 14,214
When a satellite dish company uses bundling to combine phone, dish, and broadband internet access prices, it is attempting to influence a consumer's perception of price to make a product's price more attractive and reduce "sticker shock." this is an example of using a ____ pricing strategy?
This is an example of Psychological pricing strategy. This is evident because its using consumer perceptions.
The satellite dish company is using a bundle pricing strategy to make their products appear more attractive by minimizing 'sticker shock' and offering a better value for multiple services packaged together.
When a satellite dish company employs the strategy of combining multiple offerings, such as phone service, dish, and broadband internet access, into a single packaged price, they are using a bundle pricing strategy. This strategy aims to make the product's price more attractive and minimize potential 'sticker shock' by presenting a value proposition to the consumer. The practice of bundle pricing is common in various industries, such as cable companies bundling internet, phone, and TV services, McDonald's offering Value Meals, and software manufacturers including multiple programs within a software package.
Xyz corporation has suffered a major downturn in business and will not be able to pay interest on its bonds. this is an example of ____ risk.
a. financial
b. market volatility
c. interest rate
d. marketability
Answer:
The correct answer would be option A, Financial.
Explanation:
Xyz corporation has suffered a major downturn in business, and will not be able to pay interests on its bonds. This is an example of Financial Risk.
When companies or corporations face downturns in business, they actually encounter financial losses which in turn will affect the corporation and the shareholder or stockholders or bond holders. People who invested in the bonds of the company will not be able to get interests on their investments with the corporation. This is because the corporation is suffering financially and can't pay money or interest to the bond holders. This is a true financial risk for the investors as well as for the corporation.
which is not a part of your budget?
a.) primary job gross income
b.) second job realized income
c.) fixed expenses
d.) discretionary expenses
The part not included in one's budget from the provided options is primary job gross income, hence option A is correct.
The item that is not a part of your budget in the options provided is primary job gross income. A budget typically includes realized income (what you actually bring home after taxes and deductions), fixed expenses (like rent or mortgage, which do not change from month to month), and discretionary expenses (money spent on non-essentials after all bills and necessities are paid).
Your primary job gross income is not part of your budget because it does not represent the money you have available to allocate within your budget; rather, it's the starting point before taxes and other deductions reduce that amount to your net or disposable income.