Assume you are Helena Fogarty, the CEO and founder of Mi Ola, and you are facing a difficult decision about whether or not to outsource manufacturing from the United States to another country. You would like to manufacture only in the United States but competitive pressures are forcing you to consider alternatives. You have a team of advisors with diverse backgrounds whom you trust and with whom you work closely. You would like to maximize the quality of the group’s decision making.

Which of the following is an approach that you might consider using to maximize the effectiveness of the group’s decision making process? Check all that apply.

Use groupthink

Use the nominal group technique

Use the Delphi technique

Use brainstorming

Answers

Answer 1

We can conclude that the approaches you might consider using to maximize the effectiveness of the group's decision-making process are the Nominal Group Technique, Delphi Technique, and brainstorming.

Assuming you are Helena Fogarty, the CEO and founder of Mi Ola, and you are facing a difficult decision about whether or not to outsource manufacturing from the United States to another country. You would like to manufacture only in the United States but competitive pressures are forcing you to consider alternatives. You have a team of advisors with diverse backgrounds whom you trust and with whom you work closely. You would like to maximize the quality of the group’s decision making. The approach that you might consider using to maximize the effectiveness of the group’s decision-making process are:Use the nominal group technique.Use the Delphi technique.Use brainstorming.Groupthink is not an approach that you might consider using to maximize the effectiveness of the group's decision-making process. Below are the detailed explanations for each approach to maximize the quality of the group's decision-making process:Use the Nominal Group Technique:The Nominal Group Technique is an approach to maximize the effectiveness of the group’s decision-making process. It is a simple process in which team members provide their ideas independently, and then they work together to finalize them.The advantages of this approach include enhanced productivity, equality, and more participation, as well as the opportunity to recognize the team’s potential. Hence, to improve the quality of the group’s decision-making process, you might use the Nominal Group Technique.Use the Delphi Technique:The Delphi Technique is a structured group communication process that allows experts to share their thoughts and opinions in a controlled way. It is used to generate predictions, solutions, and forecasts through a panel of experts.The benefits of this method include anonymity, equal participation, more imaginative responses, and an improved chance of reaching a consensus, all of which help to enhance the quality of the group’s decision-making process. Hence, to enhance the quality of the group’s decision-making process, you might use the Delphi Technique.Use Brainstorming:Brainstorming is a group problem-solving approach that promotes creativity and out-of-the-box thinking. It is a freestyle method that allows team members to share their thoughts and ideas without criticism or judgment.The advantages of this method include improved creativity, greater productivity, and a more comprehensive understanding of the issue, all of which aid in the enhancement of the quality of the group’s decision-making process. Hence, to enhance the quality of the group’s decision-making process, you might use brainstorming.

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Related Questions

Ella is the only accountant in a small town. She faces a downward sloping demand curve for
her service, P(A), where P is the price and A is amount of accounting services. In this case,
dP/dA <0. For every unit of accounting service provided by Ella, she has a constant marginal
cost equal to b. The small town recognizes that Ella is a monopolist so they subsidize her
services by giving her s for every unit of accounting service provided. She has to pay a fixed
license fee f to start her business.

3.1 If the marginal cost of accounting services, b, decreases, what will happen to the amount of
accounting services provided? Derive the comparative static and the necessary conditions to sign
the comparative static. [Hint: go through all the necessary steps of deriving a comparative static
such as setting up the problem, deriving first and second order conditions, etc.]

3.2 If the subsidy, s, increases, what will happen to the amount of accounting services provided
by Ella? Derive the comparative static and the necessary conditions to sign the comparative
static.

3.3 Write a theory that explains how the subsidy affects Ella’s decision to provide accounting
services. Make sure all the elements of the theory are present.

Answers

If the marginal cost of accounting services, option b, decreases, the amount of accounting services provided will increase. The fixed license fee, f, will not change with the subsidy, so it won't have any effect on Ella's decision to provide accounting services.

Here's the derivation of the comparative static and the necessary conditions to sign comparative static:

Let's start by calculating Ella's profit:

\(π = P(A) * A - b * A - f + s * A\\π = (P(A) + s - b) * A - f\)

To obtain the profit-maximizing output, we differentiate with respect to A and equate to zero:

\(0 = (P'(A) + s - b) * A + (P(A) + s - b) * (dA/dP) - f\)

We can rewrite the above equation as:

\((dA/dP) = [-1 * (P'(A) + s - b) * A]/[P(A) + s - b]\)

Now we need to find the comparative static (change in A) when the marginal cost (b) decreases.  

To do that, we differentiate the above equation with respect to b:

\((dA/db) = -[A * (d/dA) (P'(A))] / [P(A) + s - b]²\)

We know that dP/dA < 0, which implies that (d/dA) (P'(A)) < 0.

Therefore, (dA/db) > 0, which means that the amount of accounting services provided will increase as the marginal cost decreases. If the subsidy, s, increases, the amount of accounting services provided by Ella will also increase.

Here's the derivation of the comparative static and the necessary conditions to sign the comparative static:

Let's calculate Ella's profit again:

\(π = P(A) * A - b * A - f + s * A\\π = (P(A) + s - b) * A - f\)

To obtain the profit-maximizing output, we differentiate with respect to A and equate to zero:

\(0 = (P'(A) + s - b) * A + (P(A) + s - b) * (dA/dP) - f\)

We can rewrite the above equation as:

\((dA/dP) = [-1 * (P'(A) + s - b) * A]/[P(A) + s - b]\)

Now we need to find the comparative static (change in A) when the subsidy (s) increases.

To do that, we differentiate the above equation with respect to s:

\((dA/ds) = [A * (1 - P'(A) + b)] / [P(A) + s - b]²\)

We know that P'(A) < 0, which implies that (dA/ds) > 0, which means that the amount of accounting services provided will increase as the subsidy increases. The subsidy affects Ella's decision to provide accounting services by increasing her profit margin.

As we have seen above, her profit is given by:

\(π = (P(A) + s - b) * A - f\)

So if the subsidy increases, s will increase, which means that the first term in the equation will also increase. This will increase Ella's profit margin, which will encourage her to provide more accounting services.

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3.1 If the marginal cost of accounting services, b, decreases, the amount of accounting services provided by Ella is likely to increase.

This is because a decrease in marginal cost means that Ella can produce each additional unit of accounting service at a lower cost. As a result, she can offer her services at a lower price, which will stimulate demand and encourage more people to seek accounting services.

To derive the comparative static, we can set up the problem by considering the demand curve, the marginal cost, and the subsidy.

The first-order condition would involve equating the marginal cost to the subsidy plus the marginal revenue, while the second-order condition would involve ensuring that the marginal cost is increasing. By analyzing these conditions, we can determine the sign of the comparative static.

3.2 If the subsidy, s, increases, the amount of accounting services provided by Ella is likely to increase as well. This is because an increase in the subsidy reduces Ella's costs for providing each unit of accounting service.

As a result, she can lower her prices without reducing her profitability, which will attract more customers and increase the quantity of accounting services demanded.

To derive the comparative static, we can set up the problem by considering the demand curve, the marginal cost, and the subsidy.

The first-order condition would involve equating the marginal cost to the subsidy plus the marginal revenue, while the second-order condition would involve ensuring that the marginal cost is increasing. By analyzing these conditions, we can determine the sign of the comparative static.

3.3 The subsidy affects Ella's decision to provide accounting services by reducing her costs and increasing her profitability.

With the subsidy, Ella can offer her services at a lower price, which makes accounting services more affordable and attractive to customers.

This leads to an increase in the quantity of accounting services demanded, as more people are willing and able to pay for Ella's services.

Additionally, the subsidy allows Ella to lower her prices without reducing her profitability, as the subsidy offsets some of her costs. Therefore, the subsidy incentivizes Ella to provide more accounting services, benefiting both Ella and the customers in the small town.

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With more than 200 brands and strong coverage internationally of the different brands, strategically AB InBev is a unique and highly organized global company. Do they have too many brands? Why or why not?

Answers

It is subjective whether AB InBev has too many brands or not, as it depends on various factors such as market demand, consumer preferences, and competition.

The optimal number of brands for AB InBev depends on various factors such as the target market, consumer preferences, competition, and their own operational capabilities. AB InBev's strategy of having a wide range of brands can be advantageous as it allows them to cater to different consumer segments and expand their market share.

However, having too many brands may also pose challenges such as brand dilution and operational complexity. Ultimately, it's about finding the right balance between having enough brands to cater to diverse consumer preferences and ensuring effective brand management.

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Word processing software
Video recording device like a camera or a phone
Throughout this course, you’ve been busy helping people in all kinds of careers solve issues or create projects in their line of work. Now it’s time to focus on you! In this activity, you will take the results from your O*Net Interest Profiler and the knowledge you’ve gained in the past units and use both to decide what might be a great career for you! You will put all this information together and create a Career Action Plan.

Part 1: Laying the Pathway

Save this word document as ‘Laying the Pathway.’

Part 2: Compiling the Paperwork
Great! You’ve laid out your pathway. Now, we need to gather all the papers you’ll need to apply for jobs.

Step 1: Resume
Now for the next part of your Career Action plan, the first thing you are going to do is create a resume. Create your resume document from a template. You might find one in your word processing program or by searching the internet for a free resume template. Then, make sure your resume contains the following components:


Is your resume filled in? Is it nice and neat, with everything spelled correctly? Great! Remember to save your Resume to include in your Career Action Plan.

Step 2: Cover Letter
Now, we will work on your cover letter. Remember, a cover letter is a document that explains in your own words and more detail why you are the perfect candidate for the job you are applying for. This is how your cover letter should break down:


Proofread your cover letter for errors. If you are satisfied with it, save it under ‘Cover Letter’ to include in your Career Action Plan.

Step 3: Job Application
With your resume and cover letter, you will usually need to fill out a job application that is specific to the company you are applying to. Much of the information will be a repeat of what is in your resume, but job applications make it easier for a human resources manager to know exactly where to look for specific information.

Use a search engine to find a free mock job application form. Take the information you put in your resume and fill out the job application. Save this as ‘Job Application.’

Part 3: It’s Time to Sell
You may not have chosen Marketing as your career pathway, but we all must sell a bit when it comes to finding a job. We are selling ourselves! In an interview, it is important to help the recruiter or employer to understand what you are all about and how you will be a benefit to the company. Look back over the tips you’ve learned so that you can put your best foot forward.

One thing that we must think about in interviews is proper business etiquette, or behavior. Remember when you were little, and your parents were constantly reminding you to ‘mind your manners’? Well, this idea of manners and polite behavior is especially important when you get a job. The way you act will reflect on the company that you work for, so if you are polite, hardworking, and courteous, this will benefit your employer. It will also make you much more likely to get along with your coworkers! Some rules of business etiquette include:

Being on time (show respect for others’ schedules)
Dressing appropriately (be a good visual representative of your company)
Speaking politely (use proper titles and avoid interrupting others or using bad language)
Avoiding gossip (don’t repeat things about coworkers)
Showing interest in others (make eye contact, don’t play with your phone while in a conversation)
Write emails respectfully (don’t be sarcastic, type in all caps, or fail to sign an email)
In this part of your Career Action Plan, you will video yourself during a mock interview. Have a partner read you the questions below (or if that is not possible, read them out loud to yourself). Then answer, looking at the camera as if it is the interviewer. Use appropriate business etiquette in your interview so that your prospective employer will want you to represent their company. Remember to speak clearly and smile!

Interview Questions
Can you tell me a little bit about yourself?
Why are you applying for this position?
What have you learned in your classes to prepare you for this position?
How would you be a good fit for this position?
What are your strengths and weaknesses?
Remember to answer all five questions in your interview. Save your video to upload with the rest of your plan. You can name it ‘Interview.’

You did it! Congratulations! You have completed your Career Action Plan.

Submit the following documents:
DO NOT DO VIDEO NOT NEEDED I WILL DO THAT

Answers

Multimedia tools are used in digital storytelling to bring stories to life. Digital stories can be used to convey an argument, reflect on a personal experience, teach a subject, or retell a historical event.

How can I advance in my profession?

Use these 12 work success guidelines to begin experiencing career success.

a. Choose Your Job Carefully.

b. Always be learning.

c. Recognize the demands of your position.

d. Work as a team.

e. Assume Responsibility for All Your Actions.

A lifestyle career is what?

Both people are capable of completing the duties necessary for their jobs, but their schedules will differ. "Work as a Lifestyle" gives businesses and employees the power to find balance, select the schedule that works best, and more.

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The legal capital per share of stock that is assigned when the corporation is first established is referred to as.

Answers

Answer:

par value

Explanation:

bear claw industries has two departments. the molding department applies overhead based on machine hours, while the assembly department applies overhead based on direct labor hours. the company made the following estimates at the beginning of the current year:

Answers

bear claw industries has two departments. the molding department applies overhead based on machine hours, while the assembly department applies overhead based on direct labor hours. the company estimates at the beginning of the current year is:

$70. Molding department: Estimated overhead costs = $700,000. Estimated direct labor hours = 12,000. Estimated machine hours = 10,000.

What is the definition of industry?

An industry in macroeconomics is a division of an economy that creates a cluster of closely related products, services, or raw materials. One could cite the wood business or the insurance industry as examples. Industry classifications often use a group or company's major source of revenue to categorize it inside a certain industry when assessing it. As an illustration, the International Standard Industrial Classification (ISIC), which is utilized directly or through derivations for the official statistics of the majority of countries worldwide, categorizes "statistical units" according to the "economic activity in which they primarily participate."

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When there is a change in the estimated useful life of a depreciable asset, the accountant would: a. Calculate the change and apply it to all years-restating the previous years' financial statements as needed b. Calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements C. Calculate the change and apply it retrospectively-restating the previous years' financial statements as needed d. Calculate the change and record a one-time adjusting journal entry-debiting depreciation expense and crediting accumulated depreciation . A company owns a press that has a book value of $3,450. The asset is sold to a scrap dealer for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. When recording the entry, the accountant would record: a. A gain of $450 b. A gain of $2,450 C. A loss of $2,450 d. A loss of $450 Regarding a company's cost of capital, which statement is false: a. The cost of capital is the cost a company bears to obtain external financing b. Debt financing is the after-tax cost of borrowing money c. Equity financing is the cost investors expect when purchasing shares of stock d. The cost of capital is critical because it determines which long-term projects are profitable to undertake The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as: The weighted average cost of capital b. The debt to equity ratio c. The quick ratio d. The weighted average of debt to equity financing Goods acquired for use in the production of income are: a. Inventory b. Raw Materials c. Assets d. All of the above Goods held for sale in the normal course of business: Are called Inventory b. Are valued at market unless the historic cost is less c. Are listed as current assets which must be disposed of after 12 months d. Must be counted each month in order to determine the cost of goods sold D. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as: a. An unethical smoothing of financial information b. A perpetual inventory system c. A periodic inventory system d. The basis for a qualified opinion by the external auditor . Maintaining inventory records in the accounting system and recording purchases to an inventory account would indicate a company has: a. Ethical business transactions b. A perpetual inventory system c. A periodic inventory system d. An unqualified opinion from the external auditor Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to: a. Record the cost of remaining A6745 products to an inventory allowance account Dispose of product A6745 and record the cost against comprehensive income in the Equity section of the balance sheet b. Record the difference between the original selling price and the new discounted selling price to a discounts and allowance account using the Gross method d. Write down the inventory value to $0 and give the A6745 products away. LIFO layers are created in ending inventory when: The number of units purchased exceeds the number of units sold b. The number of units sold exceeds the number of units purchased The number of units sold equals the number of units purchased C. d. The number of units purchased less the number of units sold exceeds the marketing forecast for unit sales in the next 12 months. An advantage of LIFO is: a. The ending inventory balance agrees closely with current replacement cost b. There is a matching of current costs with current revenues c. LIFO liquidation can result in greatly decreased tax payments when inventory levels decline Inventory costs usually correspond with the physical flow of goods When considering Lower of Cost or Market, market is generally considered to be: a. The original price paid on the open market for inventory b. The replacement cost of inventory c. The net realizable value of inventory less a normal profit margin The net realizable value of inventory The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the: a. Replacement cost b. Market C. Floor d. Ceiling

Answers

When there is a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements. The correct option is B.

Calculation and application of change in estimated useful life of a depreciable asset.The change in the estimated useful life of a depreciable asset can impact the calculation of depreciation and change the amount of depreciation in the books. In the case of a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements.Recording the entry for selling an asset.

When an asset is sold, a gain or loss is recorded based on the sale price of the asset. In the given scenario, the press has a book value of $3,450 and is sold for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. The total proceeds of the sale amount to $3,000 ($1,000 cash + $2,000 worth of spare parts).The loss on the sale of the asset is calculated as follows:Loss on sale of the asset = Book value of the asset - Proceeds from the sale= $3,450 - $3,000= $450. Hence, the accountant would record a loss of $450.The false statement regarding a company's cost of capital is:The cost of capital is the cost a company bears to obtain external financing is a false statement. The correct statement is The cost of capital is the cost of financing a company's operations, including both equity and debt financing.Weighted Average Cost of Capital (WACC)The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as the weighted average cost of capital.Inventory and goods held for sale:Goods acquired for use in the production of income are assets. Goods held for sale in the normal course of business are called inventory. Periodic inventory system. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as a periodic inventory system. A perpetual inventory system, on the other hand, maintains a continuous record of inventory levels.Write down of inventory value Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to record the cost of remaining A6745 products to an inventory allowance account. LIFO layers are created in ending inventory when the number of units sold exceeds the number of units purchased. This results in a reduction of the inventory layers and may affect the cost of goods sold and gross margin of the company. Advantage of LIFO; An advantage of LIFO is that there is a matching of current costs with current revenues.

Lower of Cost or Market: When considering Lower of Cost or Market, market is generally considered to be the net realizable value of inventory. This is the selling price of the inventory less the cost of disposal.The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the ceiling. The correct option is B.

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Complete this paragraph about the impact of trade on American jobs based on the video you just watched.
New Balance manufactures its shoes in
. The Obama administration proposed a trade agreement called the
. It is
to hire Vietnamese workers than American workers. New Balance executives are hoping to avoid their workers losing their
because of the trade agreement.

Answers

Answer:

The radius of the earth is 6371 km and the weight of an object on the earth is 800 N. The weight of the object at an altitude of 6371 km above the surface of the earth

Answer:

New England

Trans-Pacific Partnership

10 times cheaper

Jobs

Explanation:

New orleans louisiana is located at 29. 9511° N,90. 0715° W what type of location is that

Answers

The location of New Orleans, Louisiana is defined as being in the Southern and Western hemispheres. The term '29.9511 ° N,90.0715 ° W' denotes the global coordinates for New Orleans.

Louisiana is a state located in the southern region of the United States. It is known for its unique blend of cultures, vibrant music scene, and rich history. Originally inhabited by Native American tribes, it was later explored and settled by the French. In the 19th century, Louisiana became part of the United States through the Louisiana Purchase. The state's diverse population includes descendants of French, Spanish, African, and Caribbean immigrants, contributing to its distinct Creole and Cajun cultures.

Louisiana is famous for its delicious cuisine, featuring dishes like gumbo, jambalaya, and crawfish étouffée. The city of New Orleans, with its lively festivals like Mardi Gras and vibrant music scene, including jazz and blues, is a cultural hub. The state also boasts natural beauty, with the picturesque swamps of the Atchafalaya Basin and the scenic shores of the Gulf of Mexico. Overall, Louisiana is a fascinating state with a rich tapestry of history, culture, and natural wonders.

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Which of the following statements would be considered pros of globalization?

Increased competition between countries

Increased immigration of unskilled workers

Increased public funding for education and immigration of those citizens with education

Increased consumption of wide variety of goods leading to increased production

Answers

Answer:

increased consumption of wide variety of goods leading to increased production.

Explanation:

im sorry if i get it wrong

There are seven different kinds of kitchen scales available, each of which operates on a slightly different principle for calculation.

True

False

Answers

There are Seven different types of Kitchen Scales. They are,

1. Balance Scale

2. Mechanical Scale

3. Digital Scale

What is a Kitchen Scale?

A kitchen scale is a weight machine that lets a person quantify the weight of a certain product.

4. Large Capacity Scale

5. Hanging Scale

Analog Hanging ScaleDigital Hanging Scale

6. Top loading Dial Scales

7. Metric System Scale

The various kitchen scales are used by people for measuring and weighing the products. There are digital as well as analog scales which are used by the users based on their preferences for calculations.

The given statement is True.

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one of the factors listed below determines the shape of the aggregate demand curve. which one does this?

Answers

The real balance effect is the factor that determines the shape of the aggregate demand curve.

The balance is the sum owing on an account in banking and accounting. In accounting, the term "balance" refers to the difference between the total of debit entries and the total of credit entries made into an account for a certain financial period. A debit balance is displayed when there are more total debits than total credits. The demand curve is a graphical depiction of the relationship between the cost of a good or service and the amount demanded over a specific time period. Individual and market demand curves are the two different types of demand curves. It shows a graphic depiction of the demand schedule. It can be made by graphing the relationship between price and quantity demanded.

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Which of the following is a risk banks should prepare for?
A.
Falling interest rates
B.
Borrowers who don't pay back loans
C.
Too many people requesting loans
D.
People switching to online transactions

Answers

It’s c because if to many people ask loans and won’t pay back they will go down




Hope this helps

Borrowers who don't pay back loans.

an overseas phone call is charged at one rate (a fixed amount) for the first minute, and charged at a different rate for each additional minute. if a 7 minute phone call costs $10, and a 4 minute phone call costs $6.40, what is the rate charge for the first minute, and what is the rate charged for each minute after the first?

Answers

An overseas phone call is charged at one rate (a fixed amount) for the first minute and at a different rate for each additional minute. If a 7 min call  

x = fixed rate for first minute y = rate per minute for subsequent minutes $10.0

To call an overseas phone in another country, dial 011, and then the code for the country you are calling, the area or city code, and the phone number. For example, if you are trying to call someone in Brazil (country code 55), in the city of Rio de Janeiro (city code 21)we would dial 011 - 55 - 21 - XXXX-XXXX.

The calling party must pay for calls placed to overseas phones. Consequently, when you call international wireless customers using your landline phone, foreign service providers may pass through to our U.S. service provider the additional cost of connecting the call, which shows up as a surcharge on your bill.

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The branch of economics that examines the economy as a whole is called.

Answers

The branch of economics that examines the economy as a whole is called Macroeconomics.

What is macroeconomics?

Macroeconomics studies the function of the entire economy of a nation, group of nations, or the world.

Microeconomics deals with individuals, households, organizations, and businesses as they interact within an economic system.

Thus, the branch of economics that examines the economy as a whole is called Macroeconomics.

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describes employees who are allowed to work remotely.
Networked staff
Overtime employees
Telecommuting employees
Salaried employees

Answers

Answer:

Telecommuting employees.

Explanation:

There are numerous mediums or ways of working in the corporate world. telecommunication is one such way in which the employees are allowed to work from a remote place and do not necessarily need to come to the employer's office to do work.

Telecommunication is also known as work from home, remote work, flexible work, mobile work, etc. among others. This allows the employee to work in his/ her own space, comfort zone and also need not make them go through the hassle of traveling to and back from the office. This, in return, makes it good for the company to reduce costs be it in travel allowances, office space, and other amenities, etc.

Answer:

telecommuting employees

Explanation:

got it right on my quiz

______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???

Answers

Answer : Monopolistic competition

Answer:

Monopolistic Competition

Explanation:

In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.

Suppose that the price of a pound of bananas is

Answers

Answer:

$1.50 per pound if bananas

Match the requirements for application to the type of school.

1. requires high school transcripts or GED application
graduate school
2. requires high school transcripts as well as the SAT or ACT, which demonstrate the ability to succeed
career or technical program
3. requires college transcripts that demonstrate a bachelor’s degree was earned; may require the GRE or another specific exam that demonstrates the ability to succeed in a specific program
Things to match to: graduate school, career or technical program, and university

Answers

Answer:

1. graduate school

2. career or technical program

3. university

Explanation:

I'm assuming after thoroughly reading your long descriptions.

Which of the following is a characteristic of an oligopoly market structure?
a. Many firms
b. Price equals marginal revenue
c. Strategic interdependence
d. A unique product

Answers

Strategic Interdependence is a characteristic of an oligopoly market structure.

In an oligopolistic market, where there are few firms and the items are highly correlated, each firm depends on the others to maximize profit. In order to corner the market, they jointly decide on price and output. A market structure known as an oligopoly has a small number of enterprises, none of which can prevent the others from having a large impact. The market share of the major companies is calculated using the concentration ratio.

A market with a monopoly has just one producer, a duopoly has two businesses, and an oligopoly has three or more businesses. The maximum number of firms in an oligopoly is unknown, but it must be low enough such that each firm's activities have a major impact on the others. Oligopolies can be created, maintained, or dismantled as a result of economic, legal, and technological considerations. The prisoner's dilemma that each member faces, which motivates each member to cheat, is the main challenge that oligopolies face.

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Is it better to have your interest compounded annually, quarterly, or daily? Why?
(10 points: 5 for the correct answer, and 5 for the explanation)

Answers

Answer:

It would be better to have it daily so you can keep an everyday record.

Explanation:

In measuring GDP as the sum of all incomes earned in production, we should include: purchases of used goods. purchases of used goods. American purchases of foreign output. American purchases of foreign output. wages and salaries. wages and salaries.

Answers

Answer:

wages and salaries.

Explanation:

GDP is an acronym for Gross Domestic Products (GDP) and it can be defined as a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, Gross Domestic Products (GDP) is a measure of the production levels of any nation.

Basically, the four (4) major expenditure categories of GDP are;

I. Consumption (C).

II. Investment (I).

III. Government purchases (G).

IV. Net exports (N).

Additionally, it is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

In measuring GDP as the sum of all incomes earned in production, we should include wages and salaries of the people working in a particular country.

A marketing executive wants to forecast the minimum budget for the company's app installs goal for the next campaign. What should be used

Answers

The marketing executive need to use the Cash Flow Forecasting to forecast the minimum budget for the company's app installs goal for the next campaign.

What is a Cash Flow Forecasting?

This refers to process of estimating the flow of cash into and out of your business over a period of time.

Hence, the preparation of this Cash Flow will let the marketing executive know the minimum budget to be need for sponsoring the company's app installs goal for the next campaign.

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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What is The movement of the economy from
one condition to another ohd bach again?

Answers

Answer:

Business Cycles is the right answer

Explanation:

assuming the same rate of pay, which frequency of pay is best for managing your cash flow?

Answers

best frequency of pay for managing cash flow depends on your financial habits and preferences. Weekly pay offers consistency, bi-weekly pay offers a balance between consistency and budgeting ease, and monthly pay aligns with most bills and requires less frequent budgeting.

When managing cash flow, the best frequency of pay depends on individual preferences and financial habits. However, I will discuss the three common pay frequencies: weekly, bi-weekly, and monthly.
1. Weekly Pay:
Pros:
- Provides a consistent cash inflow, making it easier to manage regular expenses
- Can help in budgeting and planning for expenses more accurately
Cons:
- Requires more frequent budgeting and financial management
2. Bi-weekly Pay:
Pros:
- Offers a balance between consistency and budgeting ease
- Paychecks are typically larger than weekly pay, which can help with larger expenses
Cons:
- Requires adjusting to a non-monthly pay schedule, as some months will have three paychecks
3. Monthly Pay:
Pros:
- Aligns with most monthly bills, making it easier to plan and pay expenses
- Requires less frequent budgeting and financial management
Cons:
- Requires careful budgeting to ensure cash lasts throughout the month
- Can be challenging if unexpected expenses arise
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If a country's birth rate is 15 per 1,000 population per year and the death rate is 10 per 1,000 population per year, what is
the annual population growth rate?
5 per 1,000
10 per 1000
15 per 1,000
25 per 1,000

Answers

5 per 1000 because 15-10 is five

orientation questions 1. what is the mission of the nsls?

Answers

The mission of the NSLS is to make sure that the people will be able to attain the goal of the firm. Also to make sure that the standard of life is improved.

What is the mission of  NSLS?

The mission of the NSLS is to assist understudies with getting to and satisfying their significance. Significance can be accomplished through extreme activity, procedure building, and group building.

The mission of the NSLS is to help individuals find and accomplish their objectives. It offers groundbreaking talks from the country's driving moderators and networks where similar, achievement-situated people meet up and help each other succeed.

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you have decided that you want to attend a costume party as your favorite marvel character. you estimate that it will cost $60 to assemble your costume. after spending $60 on the costume, you realize that the additional pieces you need will cost you $35 more. the marginal cost of completing the costume is .

Answers

The marginal cost of completing the costume is $35.

The difference in overall production costs caused by creating or producing one more unit is known as the marginal cost.

We have given in the question,

Estimate cost = $60

Spending on costume = $60

Additional pieces cost = $35

To find out the marginal cost of completing the costume is:

We know where we consume $60 and we spent that all then $35 need more

So here we can say that marginal cost is the cost added for getting an additional unit of product or service.

And the last products demanded costs = $35

Therefore, it is the marginal cost i.e $35.

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Which of the following is an example of the ethical issue of gift-giving in the
health care industry?

Answers

Answer:

Patient Privacy and Confidentiality. The protection of private patient information is one of the most important ethical and legal issues in the field of healthcare. ...

Transmission of Diseases. ...

Relationships. ...

End-of-Life Issues

etc.

Answer:

A doctor prescribes medication to patients after the pharmaceutical company present tickets to a basketball game to the doctor.

Explanation:

good luck with your homework <3

The government may tax a good to reduce demand, but this could result in government failure. How is this possible

Answers

Demand may be particularly inelastic and the government may lack good information about how much to tax.

Which of the following is true regarding the provision of public goods via the free market?

There isn't much of a reason for people to pay for or for companies to offer nonexclusive services.

What exactly is a fiscal policy quiz?

Fiscal policy is the term for the government's spending and taxation measures used to affect the economy.

What does a cost-benefit analysis of public goods entail? Why is it difficult and important?

Cost-benefit analysis examines the costs and advantages of delivering a public good to society. In order to determine whether to supply a public good or not, the aggregate benefits of all users must be weighed against the costs of creating and sustaining the good.

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