Case Study 2: Data Representation Problem (04 Marks) ABC Education Services, a private firm designed and implemented a new education software to the government schools for improving the learning among the children. After 6 months, this organization hired you to conduct survey and analyze the effectiveness of this new initiative. If data shows that the new education software is successful, the organization will get more funding from the government to expand it to other schools which means a lot of profit for this company. As part of your data analyst job, you conducted interviews and several surveys to prepare your report. Once you finish analyzing the data, it showed that this software is not bringing any significant improvement in student learning. You told this news to your manager; however, he insisted that you reanalyze and interpret data differently to show that the software is effective. Questions: 1. What type of ethical dilemma is faced by data analyst in this case? Analyze the situation. (02 Marks) Answer: 2. What will you do in this situation to solve the ethical problem? (02 Marks) Answer:

Answer:

Option B, Causal ambiguity

Explanation:

Causal ambiguity defines the situation where there is lack of understanding of  cause-and-effect interactions between resources and competitive advantage. This is the case with the Ardent  having a competitive advantage over Gamma. It relates the ambiguity between resources and performance  of available resources.

Option B is correct

Answer:

Competition

Prices

Profit

Entrepreneurs

Property Rights

Explanation:

Competition drives more firms to produce a product, so they are forced to make higher-quality products and sell them for lower prices to compete in the market.

While producers may have additional motives, profit is the underlying motive of for-profit companies in a market economy. Entrepreneurs start businesses, so they are the ones who thrive when the potential for profit exists.

Property rights enable people to own property. Legal ownership lets people use their property as collateral, making loans easier to obtain.

EDMENTUM

Answer:

Competition

Prices

Profit

Entrepreneurs

Property Rights

Explanation:

Answer:

d. the price the consumers are willing to pay for a roll of film

Explanation:

The option “D” is correct because the supply curve is upward sloping and shows the positive relationship with the price mentioned on the verticle axis of the curve. This price is the same price that a person pays for the commodity. If the price paid by the person is more, then the supplier will supply more. If the price is lower, then the supplier will supply less. Thus, this shows that price and supply and positively related to each other.

Answer:

The peace rate will result in lower total wages than time rate.

Explanation:

Piece rate is a wages calculator in which labors are paid for the piece of work done by them. They are paid for the quantity of units produced irrespective of time consumed. Time rate is wage calculation method in which wages are calculated based on hours worked. The major disadvantage for this method is that labors can waste time making products due to securing high wage.

The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate is $278,743,846.

The price of the bonds is determined using the Present Value of a 20-year annuity formula with an 8% interest rate. The calculation is: Price = $300,000,000 × [PVIFA 20%, 8%] = $300,000,000 × 0.7547 = $278,743,846.

The Present Value Interest Factor of Annuity (PVIFA) is used to calculate the present value of a series of payments over a certain period of time. In this case, the PVIFA is 20 years and the interest rate is 8%, which is the stated interest rate of the bond.

Therefore, the price of the bonds on September 30, 2021 is $278,743,846.

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Answer:

1) identify your problem: Try to describe the problem as much as possible, as opposed to focusing on the potential consequences or implications of the problem.

2) Pin point the problem

3) so that means you should do research based on the problem ^

4)Try evaluating the problem.. perhaps looking at it in perspective ^

5)see how the problem could affect you or others

6) Then work out a plan to solve the problem

Answer:

1) Identify the root problem

2) Identify the factors and causes

3) Generate alternative solutions

4) Decide on the best solution

5) Implement solution

6) Evaluate the results

Explanation:

The minimum that a firm has to do to engage in international business is to Export its products or services to other countries.

The term "international business" refers to the exchange of commodities, services, technology, capital, and/or information between nations and beyond international boundaries. It entails carrying out business operations across borders, such as exporting and importing goods, forming joint ventures with international businesses, purchasing foreign businesses, or opening branches or subsidiaries abroad.

Globalization, improvements in communication and transportation technologies, and the liberalization of trade rules are just a few of the elements that influence international commerce. Access to new markets, reduced manufacturing costs, and the capacity to draw on fresh sources of talent and resources are just a few of the many advantages it may provide businesses.

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The decrease in nominal wage from $20 in Year 1 to $18 in Year 2 while the real wage of the worker remains unchanged indicates that there has been deflation in the economy.

This means that the price level has decreased between Year 1 and Year 2. The real wage is the purchasing power of the nominal wage and if it remains unchanged, it means that the worker can still purchase the same amount of goods and services as they could in Year 1.

However, since the nominal wage has decreased, it indicates that the cost of goods and services has decreased as well.

Overall, this situation suggests that the economy is experiencing a period of deflation where prices are falling, but the real wage of workers is not affected.

Hence, the answer is deflation.

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Answer:

Option "D" is the correct answer.

Explanation:

Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.

The opportunity cost of attending college this semester is $6500.

Using the following formula, opportunity cost is determined as follows: Opportunity Cost is calculated as Return on the Most Profitable Investment - Return on Investment Pursued.

= $5,000+$3,000- $500.=6500

The value of the best alternative foregone when, due to limited resources, a decision must be made between numerous mutually exclusive alternatives is known as the opportunity cost in microeconomic theory. If the best option is chosen, the "cost" is the loss of the benefit that would have been gained from selecting the next-best option. It is described as "the loss of potential gain from other choices when one alternative is chosen" in the New Oxford American Dictionary. The goal of opportunity cost, as a depiction of the link between scarcity and choice, is to ensure efficient use of limited resources.

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In the world of business, compensation is an important element that can not be avoided. Companies must ensure that they have a fair compensation plan for their employees. Match the market of competitive pay alternatives used by employers in compensation.

As the name implies, match the market in compensation is when an employer creates a compensation package that corresponds to the pay rates of other companies in the same sector or area. This approach is useful for attracting and retaining qualified workers. Employers may also conduct research on market salary data, using this data to build their compensation plans. They may also consult with recruiting companies to obtain up-to-date market salary data. In terms of compensation plans, match the market in compensation approach can help to ensure that employees' salaries are consistent with market standards. It can also help to reduce the turnover rate and increase employee engagement and job satisfaction.

Match the market of competitive pay alternatives used by employers in compensation helps organizations maintain competitiveness in the job market, which may help with recruitment and retention. Employers can also utilize bonuses or profit-sharing schemes, flexible benefits, and other employee incentives to make their compensation package more attractive. Employers may also offer other fringe benefits, such as health insurance, vacation time, or retirement plans. These benefits can also help to improve the organization's image and attract more candidates. All of this information is combined to create a competitive compensation plan that attracts, retains, and motivates top talent.

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Answer:

negative

Explanation:

Marginal utility refers to the additional satisfaction that a consumer obtains from getting one more unit of a good. Marginal utility is negative if the overall utility decreases with the consumption of one more unit.

As the rate of increase of total utility declines, the quantity consumed of a good increase. It follows that marginal utility must be negative.

The footnotes include additional information that isn't available in the statements themselves, as well as a detailed explanation of the processes and reporting standards used by the company's accounting systems.

A company's published financial statements typically come with extra notes called footnotes. The assumptions made when putting together the financial statements' numbers and the accounting principles that the company has chosen are both explained in the notes.

Despite the fact that footnotes are a necessary component of every financial statement, there are no requirements for their clarity or conciseness. To reduce the possibility of litigation, management must share information "above the legal minimum". Footnotes must be included since they are a crucial component of the financial statements.

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Consumer expectations that the price of X will fall soon will **decrease D, decrease P, and increase Q**.

When consumers expect the price of a product to decrease in the near future, it creates a downward pressure on current demand. Consumers may delay their purchases in anticipation of lower prices, resulting in a decrease in demand (D) for product X. As a result, suppliers will need to adjust their pricing strategies to stimulate demand.

The decrease in demand (D) will also impact the equilibrium price (P) of X. With lower demand, suppliers may need to lower the price of X to incentivize consumers to make purchases. Therefore, the equilibrium price (P) of X will decrease as a response to the decreased demand.

However, the decrease in price can have a counterbalancing effect on the equilibrium quantity (Q) of X. With a lower price, consumers who are still interested in purchasing X may increase their quantity demanded. This leads to an increase in the equilibrium quantity (Q) of X, as suppliers respond to the higher demand at the lower price.

Overall, consumer expectations of a future price decrease will result in a decrease in demand (D), a decrease in the equilibrium price (P), and an increase in the equilibrium quantity (Q) of product X.

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a) The corporation will have a net recognized gain of $12,000

b) Bill will be required to pay capital gains tax on the $3,000 realized gain.

a. The corporation distributes land to Bill that has a basis of $7,000 and a value of $24,000. The corporation must recognize a gain of $17,000 ($24,000 - $7,000) on the distribution of land to Bill.

However, the corporation may reduce this gain by the amount of E&P, which is $5,000.

Therefore, the corporation will have a net recognized gain of $12,000 ($17,000 - $5,000).

The corporation must pay corporate tax on the recognized gain.

b. Bill will receive land with a fair market value of $24,000. Because the land is considered a dividend, the basis of the land will be the same as the basis of Bill's stock in the corporation.

As a result, Bill's basis in the land will be $21,000. This suggests that Bill has a realized gain of $3,000 ($24,000 - $21,000) as a result of receiving the land.

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Answer:

observing industry standards and practices that may be unique to the particular industry.

Explanation:

Commercially reasonable activities are based on a standard of reasonableness. It gauges what a reasonable person or entity will do in a given situation.

For example a standard for operation is defined in an industry and used as a basis the determine if business practices of a company are reasonable or not.

It involves good faiths effort on the part of the actors to meet as much as possible a similar objective or activity under similar circumstances.

In this instance commercially reasonable is defined as observing industry standards and practices that may be unique to the particular industry.

The rate of change of this simple index over one week is option D. -2.0% (to the nearest tenth)

To calculate the rate of change of the simple index over one week, calculate the value of the index on day 1 and day 8.

On day 1, the value of the index is:

(4000*$3.15 + 5000*$4.30 + 6000*$4.60) / (4000 + 5000 + 6000) = $4.19

On day 8, the value of the index is:

(4000*$3.50 + 5000*$3.90 + 6000*$4.50) / (4000 + 5000 + 6000) = $4.11

The rate of change of the simple index over one week is:

($4.11 - $4.19) / $4.19 * 100% = -1.9% ≈ -2.0% (rounded to the nearest tenth)

Therefore, the answer is D. -2.0%.

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A loss in value that is caused by deterioration in the physical condition of the improvements is physical depreciation. This refers to a decline in the property's value due to wear and tear, damage, or other physical factors that affect the property's overall condition.

Physical depreciation can be caused by a variety of factors, including age, weather conditions, neglect, and inadequate maintenance. It can be observed through visible signs of wear and tear, such as cracked foundations, peeling paint, or leaky roofs.

Physical depreciation is one of the three types of depreciation that appraisers consider when determining the overall value of a property, along with functional depreciation and external depreciation. By analyzing these types of depreciation, appraisers can develop a comprehensive understanding of the factors that influence a property's value and make informed decisions about pricing and valuation.

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A sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."

Individual perspective means the mental state whereby available facts and personal ideas describing human behavior are combined to form opinions or viewpoints.

In life, individual perspective describes the way people:

Thus, a sentence that can summarize what I have read is: "Understanding people's perspectives requires a broad-minded attitude, which appears rare in the modern days."

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Answer:

A norminal wage is not adjusted for inflation and real wage is adjusted for inflation

Based on the given scenario, an area that the electronics store should seek to improve in order to convince more visitors to make purchases is B. merchandising.

Merchandising refers to the way products are displayed and presented in a store to entice customers to buy. Effective merchandising can help increase sales by making products more appealing and attractive to potential customers.

In this case, it is possible that despite effective advertising, the electronics store may not have an attractive or well-organized layout, which can make it difficult for customers to find what they are looking for or be convinced to make a purchase.

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The correct answer is:

Calculate income, Total up spending, Categorize expenses, Determine if spending is below income, and Reduce expenses in flexible categories to save or increase savings.

The right response is: Calculate income, Add up all of your expenses. classify your expenses, Check to see if expenditure falls below income, and cut costs in areas where you have more flexibility to save or grow savings.

When creating a budget, it's important to first determine how much money is earned and spent. Then, you can compare your spending to your income and make adjustments as needed.

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The Complete Question
Put the steps in the correct order to show how a budget is made.

First Step

T1 Total up spending

11 Reduce expenses in flexible categories to save or increase savings

Ti Calculate income

Ti Determine if spending is below income

11 Categorize expenses

Final Step

Answer:

asynchronous communication is when you send a message without expecting an immediate response. For example, you send an email. I open and respond to the email several hours later. You can choose anyone you know for the example of people who are like that part. <3

Explanation:

Possibly somewhere in early 2021. According to netflix.

Answer:

Around March 2021

Explanation:

The journal entry will be:

Debit: Accounts Receivable 2766

Credit: Sales 5000

Debit: Discounts Allowed 317

Credit: Trade Discount Allowed 300

Credit: Cash Discount Allowed 17

To record the sale of goods to Rakesh at a trade discount and cash discount, you would make a journal entry to debit Accounts Receivable (for the amount Rakesh will pay on credit) and credit Sales (for the revenue from the sale). The entry would also need to include any applicable discounts.

The trade discount is calculated by multiplying the list price of the goods by the trade discount percentage (6% in this case), so the trade discount would be:

5000 x 6% = 300

The cash discount is calculated by multiplying the list price minus the trade discount by the cash discount percentage (1% in this case), so the cash discount would be:

(5000 - 300) x 1% = 17

The total discounts is trade discount + cash discount

300 + 17 = 317

The amount Rakesh paid in cash would be calculated by multiplying the list price minus the discounts by the percentage he paid in cash (60% in this case), so:

(5000 - 317) x 60% = 2766

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The implied change in the GDP deflator from 2018 to 2019 is:

GDP Deflator in 2018: X

GDP Deflator in 2019: GDP Deflator in 2019 / 6

To calculate the implied change in the GDP deflator between 2018 and 2019, we need to use the formula:

Inflation Rate = ((GDP Deflator in 2019 - GDP Deflator in 2018) / GDP Deflator in 2018) * 100

Let's assume the GDP deflator in 2018 is X.

Given that the inflation rate is 5%, we can rewrite the formula as:

5 = ((GDP Deflator in 2019 - X) / X) * 100

Now, let's solve for the GDP deflator in 2019.

Multiply both sides of the equation by X:

5X = GDP Deflator in 2019 - X

Add X to both sides:

6X = GDP Deflator in 2019

Divide both sides by 6:

X = GDP Deflator in 2019 / 6

Therefore, the implied change in the GDP deflator from 2018 to 2019 is:

GDP Deflator in 2018: X

GDP Deflator in 2019: GDP Deflator in 2019 / 6

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The correct answer is option c. Actual inflation is 4 percent, and expected inflation is 4 percent.

Actual inflation refers to the increase in the general price level over a specific period of time. It is measured by comparing the average price level of goods and services in the current period to the average price level in a base period.

Expected inflation, on the other hand, refers to the anticipated increase in the general price level in the future. It is based on predictions made by economists and market participants.

In this case, when actual inflation is 4 percent and expected inflation is also 4 percent, it means that the increase in the general price level matches the predictions. This indicates that the economy is in a stable condition, as the actual inflation aligns with the expectations.

It is important to note that inflation can have various impacts on the economy. High inflation can erode the purchasing power of money, reduce savings, and increase the cost of borrowing. On the other hand, low inflation can promote economic stability, encourage investment, and support sustainable economic growth.

By understanding the relationship between actual inflation and expected inflation, individuals, businesses, and policymakers can make informed decisions about their finances, investments, and monetary policies.

In summary, when actual inflation is 4 percent and expected inflation is 4 percent, it signifies a stable economy where the increase in the general price level aligns with predictions.

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Answer:

because sometimes they help us to get some medicine which can be used to cure a particular disease