Answer:
a. a majority of both shareholders and directors must approve.
Explanation:
Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy
The Board of directors first have to propose a resolution regarding disposition which has to be approved Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.Such approval must be obtained by majority of the votes cast in it's favor.In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.
Jeff Semenchuk, chief innovation officer for Hyatt hotels, is deciding how to check in customers who have iPads? He is thinking about installing self-service kiosks in nearly 500 hotels.
Answer:
Following situation is a example of "Planning"
Explanation:
Planning is the method of focusing on the actions required to achieve a specific goal. Achieving expected results is the first and probably most important task. It involves creating and maintaining a plan, such as practical aspects that require conceptual competencies.
Planning is also a strategic mechanism that is associated with identifying expectations for the strategic direction of an organization and deciding the tasks and tools for achieving those goals. Managers can create strategies for achieving goals, including a marketing plan or a strategic plan.This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis for authorizing further project management activities:_______.a. program management planb. business casec. SWOT analysisd. guiding principle
Answer:
B. Business Case
Explanation:
The program management plan is a document that updates the progress of any project. So, option A is wrong.
SWOT analysis provides the internal and external strengths and opportunities of any corporation. So, this is also incorrect.
The guiding principle gives a company to adhere to the rules and responsibilities. Therefore, it is not correct.
The business case summarizes the project by describing the benefits of a selected component. It also emphasizes to initiate a project. So, it is the right answer.
Final answer:
A business case is the document that describes the benefits of a project component, providing the basis for authorizing further management activities, including a cost/benefit analysis, and aligning with overall strategy to ensure the project's success.
Explanation:
The document in question that summarizes why a project is important by describing the benefits of a selected component, and is used as a basis for authorizing further project management activities is called a business case. A business case outlines the justification for undertaking a project or task. It is the assessment of the full lifecycle of a project including a cost/benefit analysis and typically includes the reasons why the project is needed and expected to be profitable or beneficial.
Forming a solid business case can include a detailed decision making process, considering constraints and criteria for the project, and understanding the audience it is intended to serve. This enables stakeholders to make informed decisions regarding the project's feasibility and potential for success. Moreover, it sets the foundation for additional elements such as program management and ensures alignment with the overall strategy.
A successful business case plays a crucial role in obtaining the necessary approvals and funding to move a project forward. The investment of effort in crafting a thorough and persuasive business case can lead to more effective project management and ultimately a more successful outcome.
Dylan, a vice president of human resources, recommends adding self-appraisals to the company's performance management system. The other executives wonder why, since people would certainly want to inflate scores of their own performance. Which statement best supports Dylan's idea of using self-appraisals?
Explanation:
Self-appraisal is one of the best method to assess themselves of what kind of contribution that he has made to the company to grow.
He can also look back about the opportunities that the company has given to him to perform.
This actually,
speaks for resultsgets the chance to do peer reviewan exercise to grow in terms of careerlist out the achievements of selfcontribution done by the selfSo the chosen statement supports Dylan's idea.
Self-appraisals can offer multiple perspectives on an individual's job performance, and provide opportunities for learning and improvements. They can also assist in identifying training needs and facilitate decision-making regarding an employee's future in the organization. While inflated self-evaluation and other potential biases need to be acknowledged, the insights gained can be valuable for promoting constructive dialogue.
Explanation:The best statement to support Dylan's idea on self-appraisals is that self-appraisals can offer different perspectives of an employee's job performance and also provide a learning opportunity. These appraisals form part of the 360-degree feedback appraisal system, which allows the employee and their supervisor a comprehensive view of their performance from various sources including supervisors, peers, customers, and the employees themselves (Atkins & Wood, 2002). This system is engineered to help the employees make improvements via their efforts or through training and provides supervisors with more robust information for decision-making regarding the employee's position and compensation (Tornow, 1993).
Beyond assessing performance, appraisals are becoming more integrated processes in companies that serve to motivate employees to enhance performance and develop areas of competence. In this role, performance appraisals should assist in identifying training opportunities, gauging the effectiveness of certain training programs, and fulfilling organizational objectives. Should an evaluation system be correctly implemented and tailored to suit the culture and needs of a specific organization, it can be an asset in accomplishing its goals (DeNisi & Kluger, 2000).
However, it's crucial to keep in mind potential challenges, such as the fact that even supervisors may underrate employees who give themselves lower feedback ratings, or the tendency of individuals to inflate their performance in self-appraisals. Nevertheless, these variations might be seen as valuable for gaining insights into the reasons for these discrepancies and promoting constructive conversations (Tornow, 1993).
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Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions.Category - ValueCompensation of employees - $194.2U.S. exports of goods and services - 17.8Consumption of fixed capital - 11.8Government purchases - 59.4Taxes on production and imports - 14.4Net private domestic investment - 52.1Transfer payments - 13.9U.S. imports of goods and services - 16.5Personal taxes - 40.5Net foreign income - 2.2Personal consumption expenditures - 219.1Statistical discrepancy - 0Instructions: Round your answers to one decimal place.
Answer:
a. $343.7 billion
b. $331.9 billion
c. $334.1 billion
Explanation:
The computation is shown below:
a. For GDP
GDP = Personal consumption expenditures + Government purchases + Net private domestic investment + Consumption of fixed capital + net exports
where,
Net exports = U.S. exports of goods and services - U.S. imports of goods and services
= $17.8 - $16.5
= $1.3 billion
So, the GDP would be
= $219.1 + $59.4 + $52.1 + $11.8 + $1.3
= $343.7 billion
b. For NDP
NDP = GDP - Consumption of fixed capital or depreciation
= $343.7 - $11.8
= $331.9 billion
c. For NI
NI = GDP + Net foreign income
= $331.9 billion + 2.2 billion
= $334.1 billion
All values are in billions
To compute GDP, add up the given components. To find NDP, subtract consumption of fixed capital from GDP. To find NI, subtract taxes on production and imports from NDP and add net foreign income.
Explanation:To compute GDP, we need to add up the following components:
Compensation of employees: $194.2BU.S. exports of goods and services: $17.8BConsumption of fixed capital: $11.8BGovernment purchases: $59.4BTaxes on production and imports: $14.4BNet private domestic investment: $52.1BTransfer payments: $13.9BU.S. imports of goods and services: $16.5BAdding these components together gives us: $194.2B + $17.8B + $11.8B + $59.4B + $14.4B + $52.1B + $13.9B - $16.5B = $346.1B
This is the value of GDP.
To calculate NDP, we need to subtract consumption of fixed capital from GDP. So, NDP = GDP - Consumption of fixed capital = $346.1B - $11.8B = $334.3B
Finally, to compute NI, we need to subtract taxes on production and imports from NDP and add net foreign income: NI = NDP - Taxes on production and imports + Net foreign income = $334.3B - $14.4B + $2.2B = $322.1B
Space travel is expensive! For their trip to the Moon, the Apollo astronauts' living quarters were only 213 cubic feet (that's smaller than a typical small bathroom in a house). How many dollar bills could fit in there?
Answer:
5341288
Explanation:
Data provided in the question:
Volume of the living quarters = 213 cubic feet
Now,
The dimensions of the US dollar bills are
width = 2.61 inches
Length = 6.14 inches
Thickness = 0.0043 inches
Thus,
Volume of a single dollar bill = 2.61 × 6.14 × 0.0043
= 0.06890922 cubic inches
Also,
Volume of quarter in cubic inches = 213 × 12³
[ ∵ 1 ft = 12 inches ; 1 ft³ = 12³ cubic inches]
Thus,
Volume of quarter in cubic inches = 368064 cubic inches.
Thus,
Number of dollar bills that can fit in there
= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill
= 368064 ÷ 0.06890922
= 5341288.15 ≈ 5341288
To answer how many dollar bills could fit in the Apollo astronauts' living quarters of 213 cubic feet, we calculate the volume of a dollar bill and find that approximately 5,412,000 bills could theoretically fit in that space, ignoring real-world constraints in stacking.
Explanation:The student is asking about a volume calculation problem. To determine how many dollar bills could fit in a space of 213 cubic feet, we need the dimensions of a dollar bill. A US dollar bill measures 2.61 inches by 6.14 inches and is 0.0043 inches thick. Therefore, the volume of a single dollar bill is approximately 0.068 cubic inches. To find out how many dollar bills can fit in the astronauts' living quarters, we convert the volume from cubic feet to cubic inches since the bill measurements are in inches (there are 1,728 cubic inches in a cubic foot). So, 213 cubic feet equals 368,064 cubic inches. Now, we divide the total available volume by the volume of a single dollar bill: 368,064 cubic inches ÷ 0.068 cubic inches equals approximately 5,412,000 dollar bills that could theoretically fit in the 213 cubic feet space.
However, this calculation ignores practical constraints such as the way the bills would need to be stacked without any wasted space, which is unrealistic in practice. Therefore, the actual number that could fit would be somewhat less, but this gives us a theoretical maximum.
foolproof talks in depth about the important of your credit score when it comes to your budget and your savings
Answer:
Credit scores shows an individual's credit worthiness to lenders.
Explanation:
When it comes to savings and budget, credit scores shows an individual's credit worthiness to lenders. Credit worthiness are given consideration by financial institution,, when an individual wants to apply for a loan or mortgage.
Answer:
the other person is correct
Explanation:
Over the past five years, Teen Clothing stock produced returns of 18.7, 5.8, 7.9, 10.8, and 11.6 percent,respectively. For the same five years, the risk-free rate 5.2, 3.4, 2.8, 3.4, and 3.9 percent, respectively.What is the arithmetic average risk premium on Teen Clothing stock for this time period?A. 6.89 percentB. 7.01 percentC. 7.22 percentD. 7.34 percentE. 7.57 percent
Answer:
The correct answer is C. 7.22 percent
Explanation:
To find the arithmetic risk premium for the 5 year period, the formula is
Average risk premium for the period = Sum of risk premium for each year / number of years = ∑ra(i) - rf(i) / n
ra = asset or investment return / 100
rf = risk free return / 100
Where i represents each year.
Sum of risk premium for each year = (0.187 - 0.052) + (0.058 - 0.034) + (0.079 - 0.028) + (0.108 - 0.034) + (0.116 - 0.039) = 0.361
Average risk premium = 0.361 / 5 = 0.0722 = 7.22 / 100 = 7.22 percent
DesignIt!, a fashion company, has plans to be the sales leader in women's fashion. To achieve this goal the CEO has analyzed the current situation and determined objectives and resources. What planning activities still need to be completed? A. anticipate the future, decide on actions, and choose a business strategyB. organizingC. figureheadD. disturbance handler
Answer: (A) Anticipate the future, decide on actions, and choose a business strategy
Explanation:
According to the given question, a fashion company or organization planning for selling the leaders in the Women's fashion.
For achieving the various types of goals the CEO analyzing the present situation properly and determining the main resources and the objectives.
In an organization, choosing the various types of business strategies, anticipating the future and also decide on the given actions are the palling activities that is still needed for completing.
Therefore, Option (A) is correct answer.
To complete their planning process, the CEO still needs to anticipate the future, make decisions on actions to be taken, and choose a business strategy.
Explanation:In the situation given, the CEO of DesignIt, a fashion company, has already analyzed the current situation and determined objectives and resources. To complete the planning process, the CEO needs to further anticipate the future, decide on actions, and choose a business strategy. Anticipating the future includes market research, forecasts, and industry trends to better understand upcoming opportunities or threats. Deciding on actions involves determining the specific steps the company needs to take to reach the set objectives. Finally, choosing a business strategy refers to making major decisions that shape the company's business model and competitive positioning in the fashion industry.
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In a job interview, Lillian is asked to be part of a three-member group and design a mock business process based on the strengths and skills of the group's members. In this case, which of the following skills is the interviewer trying to test?
Collaboration
Answer:
collaboration skills
Explanation:
In human resources, collaboration skills refer to how a group of people work together in pursuit of a common goal.
Collaboration is important because people always work together, even people that work at home must interact with other coworkers (even if they are in another place). If an individual is brilliant and extremely efficient, but cannot work as part of a team, then he/she cannot work in a company.
You do not have to like your coworkers, but you have to respect them and work as a team to reach a common goal.
Assume Metro Corporation had a net income of $2,400 for the year ending December 2018. Its beginning and ending total assets were $30,000 and $19,000, respectively. Calculate Metro's return on assets (ROA). (Round your percentage answer to two decimal places.)
A. 12.63%
B. 4.9%
C. 8%
D. 9.8%
Answer:
9.8%
Explanation:
The return on assets ratio( ROA ) measures the efficiently in which a business manages its assets to generate profits during a period.
The formula for calculating Return on assets is as follows.
return of asset ratio = Net income/ Average Total Assets x 100
For metro corporation:
net income: $ 2,400
Average total assets : = $30,000 +$19,000/2
=$24,500
ROA= $2400/$24500x100
=0.098 x100
=9.8%
Which of the following is the principle of management dedicated to the structuring of resources to support the accomplishment of objectives? a. organization b. controlling c. leading d. planning
Answer:
a. organization
Explanation:
There are basic five principal of Management:
PlanningOrganization.ControllingleadingStaffingThese basic five principal make an average manager to a successful manager.
Planning in management play a vital role as it is about choosing the right process and active objective of organization.
Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.
Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.
Staffing is about recuiting and allocating right person at a right job.
Controlling is about evaluating the process and goal of organization.
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1- What are the two primary ways you can make tax payments?
2- What is one other way you can pay?
3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?
Answer:
What are the two primary ways you can make tax payments? You can make tax payments by having it set up to be automatically withdrawn from your bank account, or you can pay your taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.
What is one other way you can pay? The other way to pay your taxes is to have your refund directly sent to them until your balance is paid in full.
3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?
Again, one course of action to pay your taxes is to have your refund directly sent to bureau that you owe. The criteria is that you get penalized and the state can charge you extra interest rate fees if not paid by a certain time
Explanation:
1. The two primary ways of making tax payments by having it set up to be automatically withdrawn from our bank account, or we can pay our taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.
What is a tax?A tax is a sum of money that a government requires people to pay based on their income, the value of their property, and other factors, and that is used to pay for government services.
Another option for paying our taxes is to have our refund sent directly to them until your balance is paid in full.
If we are unable to pay our taxes immediately, one option is to have your refund sent directly to the bureau that we owe. If we do not pay by a certain date, we will be penalized, and the state may charge us additional interest rates.
Therefore, automatic withdrawal of tax and sending a check or payment reminder are the primary ways for tax payments.
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The elements required to begin the ____ process are a planning methodology; a policy environment to enable the planning process; an understanding of the causes and effects of core precursor activities, and access to financial and other resources.
Answer: Contingency Planning
Explanation:
The contingency planning is one of the type process for establishing the various types of programmes approach, objective and the procedure.
The main objective of the contingency planning is that it helps in protecting the various types of resources and also reduce the inconvenience of the consumer in this type of methodology.
According to the given question, the contingency planning is the one of the type of environmental policy that enables the planning process for properly understanding the various types of effects and the causes of the financial resources.
Therefore, Contingency Planning is the correct answer.
If the price of good X rises and the demand for good X is elastic, then the percentage __________ in quantity demanded is __________ the percentage rise in price, and total revenue __________.a. fall; greater than; risesb. fall; less than; fallsc. fall; equal to; remains constantd. rise; greater than; fallse. fall; greater than; falls
Answer:
e. fall; greater than; falls
Explanation:
Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.
Elasticity of demand = percentage change in quantity demanded/ percentage change in price
If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.
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Nolan can mow 10 lawns per day or trim 20 bushes per day. Meanwhile, John can mow 12 lawns in a day or trim 16 bushes per day. Which of the following is true?
a. Nolan has an absolute advantage over John in terms of mowing lawns
b. John has a comparative advantage over Nolan in terms of mowing lawns
c. John's opportunity cost of mowing one lawn is trimming 3/4 of a bush
d. Nolan's opportunity cost of trimming one bush is mowing 2 lawns
Answer:
Answer is B John has a comparative advantage over Nolan in terms of mowing lawns because John can mow 12 lawns in 1 day while Nolan can mow 10 lawns in 1 day. so it is better for John to mow land and Nolan to trim bushes because Nolan can trim more bushes than John.
_____ tends to appear in specialized trade publications or professional journals, in direct-mail pieces sent to businesses, or in trade shows.
Answer: The correct answer is "business advertising".
Explanation: Business advertising tends to appear in specialized trade publications or professional journals, in direct-mail pieces sent to businesses, or in trade shows.
Through business advertising, companies seek to reach people who can potentially buy or specify goods and services for business use.
A society's institutional mechanism for determining the way in which scarce resources are used to satisfy human desires refers to its A. macroeconomics. B. economy. C. economic infrastructure. D. economic system.
Answer:
D. economic system.
Explanation:
An economic system is the way governments organize, regulate and distribute their physical resources, services, and goods in a region or country. They can be based on traditions, organized according to command, where the central organization is the market and mixed systems that combine elements of the traditional command or market systems.
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Suppose that you have $10 comma 00010,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 5050% of its original value. During the second year, your investment at the end of year one increases by 6060%. Your advisor tells you that there must have been a 1010% overall increase of your original $10 comma 00010,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $10 comma 00010,000 investment?
Answer:
20% loss
Explanation:
At time 0, original investment sum = $10,000
In year 1, loss was 50%.
= $10,000 * (1 - 50%) = 10,000 * 50% = $5,000
In year 2, gain was 60%.
= $5,000 * (1 + 60%) = 5,000 * 1.6 = $8,000.
Therefore, percentage change on original investment
= 8,000/10,000 - 1 = 80% - 1 = -20%.
Thus, percentage loss on original investment = 20%.
Saira's Maid Service began the year with total assets of $120,000 and stockholders' equity of $40,000. During the year the company earned $90,000 in net income and paid $20,000 in dividends. Total assets at the end of the year were $215,000. How much was stockholders' equity at the end of the year?
A. $130,000
B. $110,000
C. $150,000
D. $135,000
Answer:
B. $110,000
Explanation:
The computation of the stockholders' equity at the end of the year is shown below:
= Stockholders' equity beginning balance + net income earned - cash dividend paid
= $40,000 + $90,000 - $20,000
= $110,000
Simply we added the net income and deduct the cash dividend paid to the stockholder equity beginning balance
All other information which is given is not considered. Hence, ignored it
The CEO of Ridgeway, Inc., realizes that the company’s survival depends on developing and acquiringknowledge. Which of the following actions by the CEO would be most consistent with this need?
a.ensuring that all current unique knowledge of the firm is protected by patents
b.planning extensive employee training and recruiting programs
c.investing in sophisticated databases in relevant knowledge areas
d.establishing a system of organizational intelligence gathering
Answer:
The correct answer is B
Explanation:
When the company want that their employees, need to have the knowledge and develop their knowledge as well, they need to arrange or conduct the program of the training as well as programs of the recruiting.
As the CEO, realizes and states that the firm or the business survival grounded on the acquiring as well as the developing the knowledge. So, in order to follow what the CEO said, one must go through the proper training as well as the programs of the recruiting.
Increases in the materials account are based on __________ which are supported by __________.
a.receiving reports; suppliers' invoices
b.receiving reports; materials requisitions
c.materials requisitions; receiving reports
d.suppliers' invoices; materials requisitions
Answer:
a. receiving reports; suppliers' invoices
Explanation:
The materials account gets increased only when the material actually gets to the warehouse. That means that a receiving report has to be generated in order to increase the materials account. This document is backed up by a supplier invoice, which states the amount invoiced by our supplier (vendor) - the increase in our materials' value.
A recent news story reported that OPEC is expected to decrease the supply of oil next summer. Summer is traditionally a time of increased demand for oil because of the many families driving and flying to vacation sites. What would be the combined effect of these two events on the summer market for gasoline?
a. an increase in the price and an unpredictable change in the quantity
b. an unpredictable change in both the price and the quantity
c. an unpredictable change in the price and a decrease in the quantity
d. an increase in the price and the quantity
Answer:
Option "A" is the correct answer to the following statement.
Explanation:
A current news article reported that next year, OPEC is expected to reduce oil supply.
Summer is typically a period of higher demand for oil owing to the many families traveling and going to the holiday sites.
Then it is a price increase and an unexpected amount shift.The up-sloping demand curve, where there is little incentive to sell for increased prices, is moved to the right, since more vendors are willing to supply at a lower price, allowing volumes to increase for a particular price.
Researchers must submit their research proposal to an ______ review board that evaluates the ethical nature of research conducted at their college or university.
Answer: Institutional
Explanation:
The Institutional Review Board (IRB) is an administrative body created to protect the rights and welfare of human research subjects recruited to take part in research activities conducted under the auspices of the institution with which it is affiliated.
Final answer:
Researchers are required to submit their proposals to an Institutional Review Board (IRB), a committee that oversees the ethical aspects of research involving human subjects to protect their rights and well-being.
Explanation:
Researchers must submit their research proposal to an Institutional Review Board (IRB) that evaluates the ethical nature of research conducted at their college or university. IRBs are vital in protecting the rights and well-being of human participants in research. Comprising a committee of administrators, scientists, and community members, IRBs review and approve research proposals to ensure they are ethically sound. Additionally, IRBs assess potential conflicts of interest and emotional distress caused to subjects. The existence of IRBs is a result of historical developments aimed at preventing unethical research practices.
What type of decisions affect how the firm is run from day to day; they are the domain of operations managers, who are the closest to the customer 1What Is the Purpose of Strategic Objectives?2Levels of Business Planning3Differences Between a Strategic Plan & an Operations Plan4Tall Organizational Structure
Answer:
(1) Operational planning decisions affect the day to day running of the organization.
The closest to the customer, are the client facing staff, they are mostly personnel in sales, marketing, and customer service.
Strategic objectives are usually statements, that an organization intends to achieve over a long period of time. The purpose of strategic objective is to show how an organization plans to achieve it's major goal as a business.
(2) Business planning is in three (3) levels, namely:
(i) Operational Planning
(ii) Tactical Planning
(iii) Strategic Planning
Difference between a Strategic Plan and an Operational Plan:
Strategic planning shows an organizational long term plan, and are usually developed by senior level managers (CEOs, Executive Directors, and Company Presidents).
Operational planning shows an organization short term plan, they are very much concerned with the day to day running of the business.
Explanation:
(1) Operational planning decisions affect the day to day running of the organization.
The closest to the customer, are the client facing staff, they are mostly personnel in sales, marketing, and customer service.
Strategic objectives are usually statements, that an organization intends to achieve over a long period of time. The purpose of strategic objective is to show how an organization plans to achieve it's major goal as a business.
(2) Business planning is in three (3) levels, namely:
(i) Operational Planning
(ii) Tactical Planning
(iii) Strategic Planning
Difference between a Strategic Plan and an Operational Plan:
Strategic planning shows an organizational long term plan, and are usually developed by senior level managers (CEOs, Executive Directors, and Company Presidents).
Operational planning shows an organization short term plan, they are very much concerned with the day to day running of the business.
26. As mentioned in the text, managers in companies, with no foreign operations of any kind still need a global perspective, for all of the following reasons except:
Answer:
Enable them to be productive as well as effective leaders across different political and cultures systems.
Explanation:
Global perspective is something which someone could think regarding a situation as it related to the rest of the world or economy. It is that the person or an individual have a thinking or a perspective which relates to the world.
So, the managers with no operations of foreign of any type, still require a global perspective except which enable them to be productive leaders across the different cultures as well as political systems.
NOTE: Text is missing, but I am providing the direct answer.
C) Complying with local laws and regulations within their home country, as this is not directly related to having a global perspective.
Even for managers in companies without foreign operations, a global perspective is crucial. It helps them understand the global factors that affect local markets and allows them to anticipate and react to international trends. The reasons include:
Understanding international competition that could impact their market.Learning global best practices and innovations.Meeting diverse customer expectations influenced by global trends.Managing supply chains that have global components.Recruiting and training employees with a global mindset.The only exception would be if they focus solely on domestic issues and ignore global influences, which could be detrimental in the long run.
Complete Question:
Managers in companies with no foreign operations of any kind still need a global perspective for all of the following reasons except:
A) Understanding international market trends that could impact domestic business.
B) Navigating global supply chain issues that affect product availability.
C) Complying with local laws and regulations within their home country.
D) Recognizing the competitive landscape influenced by international firms.
The owner of a used car dealership and his business had been under investigation by the IRS for several months because of suspected fraudulent tax returns. In addition, a police detective who had been investigating a stolen car ring uncovered evidence indicating that the car dealer might be a part of the ring. The detective went to the car lot and found evidence indicating that the ring was operating through there. The car dealer then agreed to accompany the detective to the station to make a statement on the evidence. On the way he voluntarily informed the detective about the fraudulently filed tax returns, because he believed that by revealing these facts he might receive a lighter sentence for his involvement in the stolen car ring.At his trial for filing false tax returns, the car dealer's attorney moved to exclude the statement he made. The best argument for admitting the statement is that:
Answer:
The best argument for admitting the statement is that: the statement was volunteered by the car dealer.
Consumer behavior can best be defined as the study of the processes individuals, groups, or organizations go through in order to _______________
Answer:
Consumer behavior can be best defined as the study of the processes individuals, groups, or organizations go through in order to make buying decisions.
Explanation:
Consumer behavior is the study that analyzes the behavior of any consumer, be it individual, groups, or organizations, that they exhibit while going through the process of buying behavior. It is used to study the tastes and preferences of the consumer and thus make their products in accordance with the needs and demands of the consumer.
Consumer behavior is the study of how individuals, groups, or organizations make choices to satisfy their needs by selecting, securing, and disposing of products, services, experiences, or ideas. It encompasses understanding the decision-making processes of buyers and the factors that influence their choices.
Explanation:Consumer behavior can be defined as the study of the processes individuals, groups, or organizations go through in order to select, secure, and dispose of products, services, experiences, or ideas to satisfy their needs. It involves understanding the decision-making processes of buyers, the factors that influence their choices, and the impacts that these processes have on consumers and society. Consumer behavior is a multidisciplinary field that draws from psychology, sociology, marketing, economics, and other disciplines to gain insights into consumer motivations and behaviors.
All of the following are conditions of an exchange except:_______.
a. each party is free to accept or reject the exchange offer.
b. each party has something that might be of value to the other party.
c. money is the medium of exchange.
Answer:
c. money is the medium of exchange.
Explanation:
For an exchange of goods and services to take place, each party must fully be contented that the products in exchange are the desired ones. No one should be forced to accept or reject the exchange offer. Indeed, it is a necessary condition each party has something that might be of value to the other party. However, when it comes to the medium of exchange, money is not the only medium of exchange, people can exchange goods directly without using money, and they can also use valued items such as gold and diamond. The correct answer is C.
In a multi-step Income Statement:
A. Total expenses are subtracted from total revenues.
B. Gross profit (margin) is shown as a separate item.
C. Cost of sales and operating expense are subtracted from total revenues.
D. Other income is added to revenue from sales.
Answer: B.
Explanation: The multi-step income statement is ultimately used in determining Net Income which is calculated by separately determining :
1. Gross profit( Net sales - cost of goods sold)
2. Operating income( Operating expenses - Gross profit)
3. Operating income combined with non - operating revenue, losses, profit and expenses to obtain the net income or loss.
Conclusively, Gross profit(margin) will be calculated separately, which then be used to obtain the operating income.
A multi-step Income Statement includes subtracting total expenses from revenues, showing gross profit as a separate item, subtracting cost of sales and operating expense from total revenues, and adding other income to revenue from sales.
Explanation:In a multi-step Income Statement, all the options mentioned are correct elements and steps involved. A. Total expenses including operating expenses and cost of goods sold are subtracted from total revenues to calculate the net income. B. Gross profit (or margin) which is calculated as total revenues minus cost of sales, is shown as a separate item. C. Cost of sales and operating expense are subtracted from total revenues to get to operating profit. D. Other income is added to revenue from sales (part of total revenues) to give a full representation of the company's total income. Hence, a multi-step income statement provides a more detailed view on various revenue and expense sources.
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Belarus has a comparative advantage in the production of linen, but Russia has an absolute advantage in the production of linen. If these two countries decide to tradeA. Belarus should export linen to Russia.B. Russia should export linen to Belarus.C. For these two countries, trading linen would be a "stand-off" so they should trade another product.D. Without additional information about Russia, this question cannot be answered.
Answer:
A. Belarus should export linen to Russia
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A country has absolute advantage in the production of goods and services when it produces more quantity of goods and services when compared with other countries.
A country should produce goods for which it has comparative advantage in its production because cost of production is lower when compared with other countries.
Russia should stop producing linen because it doesn't have comparative advantage in its production and Belarus should export linen to Russia