Jack graduated from enormous state university with a degree in accounting. he was immediately hired as an auditor by beene kounter associates and placed in their management training program. this program is an example of:
The management training program that Jack participates in at Beene Kounter Associates is an example of on-the-job training, where the employer educates the employee about the necessary skills to perform their job while they are actually working.
Explanation:In the context of the case provided, Jack's experience at Beene Kounter Associates is an example of on-the-job training. Specifically, it's a structured management training program, which means his employer teaches him how to effectively perform his job while he is actually working. This is a common practice in many industries, particularly those like accounting that require a specific set of skills.
Although college students have the opportunity to choose any major, they tend to choose those that offer immediate opportunities to earn money when they graduate, such as accounting. Gaining job-specific skills directly from an employer can provide a richer learning experience and faster career progression, as opposed to classroom education alone.
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Jack's placement in the management training program at Beene Kounter Associates is an example of a management training program, aimed at developing his skills for a future management role.
Jack graduated with a degree in accounting and was hired as an auditor by Beene Kounter Associates, where he was placed in their management training program. This program is an example of a management training program, which is designed to help new employees develop the skills needed to be successful in management roles within a company. Such programs often encompass a range of training activities including practical work experience, mentoring, and structured learning sessions.The demand for gold toe socks is likely to be more elastic than the demand for power tools because:
The demand for gold toe socks is likely to be more elastic than the demand for power tools because the gold toe sock has more substitutes than the power tools
Further Explanation:
Price Elasticity: It measures the sensitivity of the demand for the services and goods to the change prices. If the demand is elastic then, the small change in price will result in the change in demand. If the demand is elastic then, the change in price will not effect the demand of the commodity.
The number of subsitutes available effects the elasticity of demand. If the number of subsitutes available is more then, demand will be elastic or vice versa. In the case of gold toe sock, there are many substitutes available that can replace the gold toe sock so the demand is elastic. But the
demand for power tools is less elastic because it has fewer subsitutes.
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1. Demand and type of goods
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2. Demand and supply of goods
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3. Elasticity of demand
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Answer details:
Grade: High School
Subject: Economics
Chapter: Elasticity of demand
Keywords: The demand for gold toe socks is likely to be more elastic than the demand for power tools because, the gold toe sock has more substitutes than the power tools.
The ability of rfid to make shopping easy for a store's customers by automating the check-out process creates value for the store by:
If martha leveraged a(n) __________ branding strategy to grow her overall business, she might develop a line of imported flavored teas and sell them at the local college town food cooperative using the college town name for the new product line.
If the market price of each camera case is $8 what is the profit-maximizing quantity? 300 units 400 units 500 units 600 units
Profit will be maximum for the firm where marginal revenue = marginal cost.
Since, the market price is fixed at $8 and therefore each additional unit of camera will be sold at $8.
Hence, marginal revenue = $8.
From the table, it is clear that cameras are manufactured in batches of 100.
Marginal cost is the cost incurred to produce one additional unit of camera. It will be calculated by taking the difference of successive variable costs (or total costs) divided by 100.
To produce 400th unit, marginal cost = (2760 - 1960)/100 = $8
Hence, profit maximising quantity isB. 400 (MR = MC)
The profit-maximizing quantity cannot be determined from the given information.
Explanation:The profit-maximizing quantity is determined by finding the quantity where marginal revenue (MR) equals marginal cost (MC).
In the given information, there is no specific mention of marginal revenue or marginal cost. Without this information, it is not possible to accurately calculate the profit-maximizing quantity.
Therefore, it is not possible to determine the profit-maximizing quantity from the given information.
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Stein co. issued 14-year bonds two years ago at a coupon rate of 9.2 percent. the bonds make semiannual payments. if these bonds currently sell for 107 percent of par value, what is the ytm?
On october 4, 2017, terry corporation had credit sales transactions of $2,500 from merchandising having a cost of $1,900. the entries to record the day's credit transactions include
I believe that this problem has the following choices:
> a debit of $2,500 to Merchandise Inventory.
> a credit of $2,500 to Sales.
> a debit of $1,900 to Merchandise Inventory.
> a credit of $1,900 to Cost of Goods Sold.
The correct answer from the choices is:
> a credit of $2,500 to Sales
How might a marketing manager for a manufacturer of turboprop engines, used in private jet planes, use the naics to help her with marketing planning?
A marketing manager can use NAICS to understand the turboprop engine industry, analyze market trends, identify competitors' market shares and unique selling propositions, and tailor marketing communication to engage with the target audience on platforms such as social media.
A marketing manager for a manufacturer of turboprop engines used in private jet planes can use the North American Industry Classification System (NAICS) to enhance marketing planning in several ways. Firstly, by identifying where the manufacturing of such engines falls within the NAICS, the manager can understand the industry better, including market trends, size, and competitive environment. Subsequently, the marketing manager can access industry reports and analysis which offer insights into the economic health, growth prospects, advancements, and regulatory landscape of the aerospace sector. This knowledge is crucial for developing effective marketing strategies that are aligned with industry standards.
Secondly, understanding the marketplace and competitive positioning is essential in marketing planning. By analyzing the NAICS codes of competitors, the marketing manager can identify their market shares, financial stability, and their unique selling propositions. This will allow for identifying gaps in the market, potential partnership opportunities or niches that the company can exploit.
Lastly, the marketing manager can use NAICS data to tailor communication channels, such as social media pages, where people discuss the industry and its products/services. Engaging with the target audience on these platforms can be beneficial for brand building and direct marketing efforts. Considering the global implications of the aerospace industry, understanding the nuances of international markets, like the BRIC nations, is also pivotal for crafting region-specific strategies that recognize local regulations, market conditions, and consumer preferences.
Is the free-market quantity of public goods generally greater or less than the efficient quantity?
Facts about the chip category obtained from acnielsen are _______.
ACNielsen provides four types of data: Experimental, Syndicated, Primary, and Questionnaire/Survey data. Their research focuses on studying consumer viewing and purchasing behaviors, analyzing the content and quantity of what consumers watch and buy.
Syndicated data refers to market research data collected by a research firm and made available for purchase or access by multiple clients or subscribers. ACNielsen, now known as Nielsen, is a renowned provider of syndicated data, offering insights into consumer behaviors, preferences, and purchasing patterns.
Syndicated data allows businesses to access comprehensive and reliable information about the market landscape without the need for conducting their own research.
It provides valuable insights into consumer trends, competitor analysis, and market opportunities, enabling companies to make informed decisions and develop effective strategies to meet consumer demands.
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Can an indifference curve be downward sloping in one section, but then bend backward so that it forms a "hook" at the end of the indifference curve?
Amalia really wanted that new position at work and knew that in order to get it she would have to increase her skill set and shadow a fellow worker, stan, to learn some new processes. however, every time amalia decided that she had a few minutes to shadow stan she would get caught up in something else and the opportunity would pass. amalia's failure to shadow stan so far speaks to her _______________.
Amalia’s failure to shadow stan so far speaks to her direction. Amalia speak to her direction for wanting to promote to a better position at work and knew that in order to reach it she would have extra work and increase her skill set and ask for stan, her fellow worker, to learn some new process.
What possible sources of error could affect the accuracy of your calculated value of the amount of solid in your hand warmer?
Possible sources of error include limitations of the measuring device, the skill of the person making the measurement, and irregularities in the object being measured.
Explanation:There are several possible sources of error that can affect the accuracy of the calculated value of the amount of solid in a hand warmer:
Limitations of the measuring device: The measuring device used to determine the amount of solid in the hand warmer may have a certain level of uncertainty or error associated with it. For example, if the balance used to measure the mass of the solid has a limited precision, it can affect the accuracy of the calculated value.The skill of the person making the measurement: The accuracy of the calculated value can also be influenced by the person performing the measurement. Human errors, such as misreading the measurements or not following the procedure correctly, can introduce inaccuracies.Irregularities in the object being measured: The hand warmer itself may have irregularities or variations in the distribution of the solid material, which can affect the accuracy of the calculated value.nyoko signs a covenant not to compete with her employer, midstate distribution, inc. the covenant will be enforced if it does not require either party to obtain a business license. is reasonable with respect to geographic area and duration. relieves midstate from liability for any injury to nyoko due to simple negligence. none of the choices.
A non-compete covenant is a type of covenant that is a contractual promise between two parties where one party agrees not to compete with the other part in similar business for a specified period of time and geographic area. Non-compete covenants are enforceable when they are found to be reasonable according to the time period and geographic area limitations. The restriction must protect a legitimate business purpose and not be excessive in that protection.
The _____ is a legal document that lists and explains the terms of the partnership
Reference - masked bandit. barry, who owned a small convenience store, was robbed when a masked bandit entered his store and demanded his cash while pointing a gun at him. as the bandit ran out of the store, barry grabbed his own gun and shot the bandit in the leg
Answer: B.
Explanation: Yo boy got your back
________ is the internal operation that arranges information resources to support business performance and outcomes
An Information management means the internal operation that arranges information resources to support business performance and outcomes
What is the use of Information management?These internal operation allows for design, developing, management and use information with an insight and innovation.
It also support decision making and creation of value for individuals, organizations, communities, and societies.
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Aaron, korben and zane are preparing to work on a big project for the firm. they meet to decide who is going to complete which tasks of the project. this activity is called
The activity that Aaron, Korben and Zane is involved in is the division of labor. This is a process or a step where a group or in an organizations provides and assigns specific tasks or divides task among the members or employees in a group or organization.
what types of money are included in the M2 catgergory? check all that Apply.
currency
savings accounts
checking accounts
commodity money
money market accounts
Option d) Commodity money is not included in M2. M2 is a broader measure of money than M1.
The M2 money supply includes a broader range of financial assets than the M1 category. M2 consists of:
All of the M1 money supply (currency and checking accounts)Savings accountsMoney market accountsSmall time deposits (certificates of deposit under $100,000)Retail money market mutual fundsCommodity money, such as gold or silver, is not included in the M2 category because it's not typically used as a medium of exchange in modern economies.
Lisa and mandy have a contract. mandy wants out of the contract; carla sue is willing to take mandyís place, which is satisfactory with lisa. when the carla sue for mandy exchange is made, this is known as:
Areas set up to attract foreign investments by allowing the iportation of raw and intermediate materials without paying tariffs are called
Your inheritance will pay you $100,000 a year for five years beginning now. you can invest it in a cd that will pay 7.75 percent annually. what is the present value of your inheritance? (round to the nearest dollar.)
Becky fenton has 65/130/75 automobile insurance coverage. if two other people are awarded $110,000 each for injuries in an auto accident in which becky was judged at fault, how much of this judgment would the insurance cover?
Bart is ready to look for a site for his new business. to help him in his search he should:
Bart should consult a small business development office where he can have the technical assistance in searching for desired site for his business as well as other technical issues can be resolved. He can also use site selection software to personally make sure the right kind of features and choices for his site.
Care 1 hospital is renowned for its impeccable reputation and strong employee morale. these types of qualities can best be described as _____ standards.
Care 1 Hospital's qualities exemplify high standards for performance and a people-oriented culture rooted in ethical leadership and respect.
The qualities of Care 1 Hospital, such as impeccable reputation and strong employee morale, can be best described as high standards for performance. These standards reflect ethical and accountable leadership and contribute to a people-oriented culture where respect and dignity are paramount.
Identify and briefly discuss three criticisms of beta as used in the capital asset pricing model
Beta is critiqued on the basis that it relies on historical data to predict future risks, fails to consider market changes, and presumes a consistent risk-reward relationship.
Explanation:
The Capital Asset Pricing Model (CAPM) uses beta to measure the volatility of an asset in relation to the market. However, there are several criticisms of using beta. First, beta assumes that historical volatility predicts future risk, which may not always be accurate as past performance is not always indicative of future results. Second, beta does not account for changing market conditions or structural changes within a firm that may affect its risk profile. Third, it presumes that the risk-reward relationship is linear and consistent, which might not hold in real-world scenarios where asset returns can behave in a more complex manner.
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Which of these actions can businesses take to reduce income inequality?
"alice purchased a new computer from compu-best, a local computer store. she used the computer for a week when the computer began to malfunction. she returned it to the store, where the store manager assured her that he could repair what he called a "minor problem" in the computer. two months had passed and alice had already returned the computer five times for repair. alice finally gave up and demanded her money back. under these circumstances: "
A researcher became a chef with a resort hotel chain for six months to observe food-handling practices. he saw food preparers using the same towel to wipe their hands, the counter, the food slicer, and cooking utensils during one food preparation session. in addition, he found the chefs tasted the food using their fingers. the researcher used _____ research to determine that more monitoring is needed to make sure that food handlers comply with sanitary regulations.
Which of these is not an advantage of television as an advertising medium?
Television advertising has high costs and low audience attention due to ad-skipping technologies. It does not suffer from a lack of reach or clutter absence, but it is not highly selective in targeting specific audiences. Therefore, the disadvantage is 'high audience selectivity.'
Television is a popular medium for advertising, with nearly every U.S. household possessing a television and viewers watching over 250 billion hours of television annually. Advertisers use TV to reach specific demographics based on data from network and cable companies. However, there are disadvantages of using television as an advertising medium.
Therefore, high audience selectivity is a disadvantage, as television advertising broadly targets mass audiences rather than specific, selective groups.
The complete question is:
Which of the following is a disadvantage of using television as an advertising medium?
A) high absolute cost
B) low audience attention
C) lack of reach among audience
D) high audience selectivity
E) absence of clutter