Nixon who is a team manager decides to split his group into two different groups. While the members of one group are invited to participate in processes like sales target determination and crisis management, the members of the other group are managed as per formal rules. Nixon's leadership practice is in accordance with the _____.
a. ​leader-member exchange model
b. libertarian leadership theory
c. ​middle-of-the-road management technique
d. charismatic leadership theory
Answers
A leaders create close relationships with a select group of members, involving them in decision-making processes like sales target determination and crisis management. The remaining members are managed through formal rules and procedures.
Nixon's leadership practice is in accordance with the middle-of-the-road management technique. This technique involves finding a balance between task-oriented and people-oriented leadership styles. By splitting the group into two different groups and managing them differently, Nixon is taking into consideration the different needs and abilities of each group. The first group is given more autonomy and involvement in decision-making processes, while the second group is managed with more formal rules and regulations. This approach allows for flexibility while still maintaining some level of structure and control. Overall, this approach is meant to find a middle ground between being too demanding or too lenient as a leader.
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Related Questions
Which of the following scenarios describes an advantage of a global economy?
A) A cheese company makes its products in a country with limited guidelines and standards on manufacturing.
B) A clothing company is able to save money by manufacturing its materials in areas where they are less expensive.
C) An electronics company expands to other countries and moves most jobs to areas where labor costs are low.
D) A toy company builds a new factory in a country that is undeveloped and filled with many natural environments.
Answers
Answer:
B. A clothing company is able to save money by manufacturing its materials in areas where they are less expensive.
Explanation:
I took the test and got this anwser.
It is also the most logical
Hope this helps <3
powers company reported net sales of $1,220,000, average accounts receivable, net of $76,500, and net income of $51,875. the accounts receivable turnover ratio is:
Answers
The accounts receivable turnover ratio can be calculated by dividing the net sales by the average accounts receivable. So, the turnover ratio for Powers Company would be:
Accounts Receivable Turnover Ratio = Net Sales / Average Accounts Receivable
Accounts Receivable Turnover Ratio = $1,220,000 / $76,500
Accounts Receivable Turnover Ratio = 15.97
Therefore, the accounts receivable turnover ratio for Powers Company is 15.97. This means that the company collects its accounts receivable almost 16 times a year on average. To calculate the accounts receivable turnover ratio for Powers Company, you'll need to divide net sales by the average accounts receivable. With net sales of $1,220,000 and average accounts receivable of $76,500, the formula is: Accounts Receivable Turnover Ratio = Net Sales / Average Accounts Receivable Accounts Receivable
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Discipline Case Studies Case 1 - What a Mess! Supervisor information: You feel you must speak to one of your subordinates about her untidy work area. It is important that tools be put back where they belong, that only current projects be in the work area, and that nothing be misplaced such that it could cause a hazard (e.g. someone tripping over it). This one employee is excellent and you have no problem with the quantity and quality of her work. But you are not pleased with how she keeps her work area. It is so messy that you suspect it slows her down looking for things and you are concerned about hazards. You have tried to make her aware of it with jokes but obviously that has not worked. You have decided that you must have a meeting with her and make it official. Subordinate information: Your boss has asked to speak with you. IT sounds serious. Usually the supervisor is a friendly person who jokes around but there was not joking this time. You don't know what it is about. You are a strong member of the supervisor's team, producing very good work, both in terms of speed and accuracy. You don't think there can be any complain about your work. Occasionally you are a few minutes late getting back from break and you are not the most organized person around. Your work area is not in good shape but you know where everything is. And it's just the way you work. Even your supervisor has made cracks about it. No, maybe it's about you not going out of your way to help the new guy. He's a pain, asking too many questions and not listening to the answers. He's a pain, asking too many questions and not listening to the answers. Who knows what the supervisor wants? You'll just have to wait and see. Discipline Case Study Names of Team Members: In your group review the case study you have been assigned and prepare to respond to the following questions in writing: 1. Describe the appropriate steps of progressive discipline for this situation. 2. Demonstrate the administration of the principles of discipline 3. Demonstrate the appropriate factors considered for the case story. 4. Demonstrate "due process" in disciplining the employee. 5. Demonstrate the appropriate process for conducting a discipline session. Case Study Number: 1. Describe which steps of progressive discipline you would recommend for this case. Why do you think this is the appropriate step? 2. What principles of discipline have you considered as part of this process? Describe your answer. 3. What factors have you considered in this situation? Why? 4. How does this approach represent 'due process? 5. Describe how you will conduct the discipline session.
Answers
1. The first step in a progressive discipline process is Verbal Counselling
The first step in a progressive discipline process is to have a conversation with the employee focusing on the issue, verification of facts, specifically from the employees’ perspective, clarification of organizational expectations and formal communication about the seriousness of the incident.
This conversation is intended to help the employee understand how their behaviours need to change. It is not fair to surprise an employee with further disciplinary action or termination if they are not aware of the critical nature of the incident. After the conversation, the manager should document the date, time, location of conversation, content of discussion and agreed upon behaviour changes.
2. Written Warning
The second step should be another conversation that is documented in a written format. The employee should be coached for a second time about the severity of the issue and how the manager expects their behaviours to change.
The written warning should include a description of the problem, along with the manager’s expectation of the employee’s behaviour, description of the consequences, if expectations are not met, and the time frame for meeting expectations. A copy of the written document should be given to the employee.
3. Employee Suspension and Improvement Plan
The third step is asking the employee to go home and develop a written plan-of-action for improved performance within 24 hours. The intent of this step is to give the employee a time out to think about the situation and reflect to see if they want to make an effort to improve – and the steps they will take to make that improvement. When the employee returns, the manager should review the improvement plan with the employee and make adjustments as necessary.
Failure to return with an improvement plan should trigger the termination process.
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Michelle needs to view and delete macros in a document. Which steps should she follow to perform this action?
Answers
Under the Developer tab, click the Macros button in the Code group, select the macro to delete, and press Delete.
What is the Macros button?
An alternative to keystrokes is the macro key. A key sequence is a set of keyboard, mouse, or menu operations connected to a command. Moreover, a program can be easily launched by pressing the macro key.
Michelle should follow these steps -
Open the document where the macros are located.
Click on the Developer tab.
In the Code group, click the Macros button.
A dialog box will appear, displaying the list of macros in the document.
Select the macro that needs to be deleted.
Press the Delete button.
It's worth noting that the other options are not correct steps. Pressing Alt+F8 will bring up the Macro dialog box, but it won't allow to delete macros. Pressing Alt+F11 will open the Visual Basic Editor, but it won't allow to delete macros either.
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36
The risk-free rate of return is \( 4 \% \), whereas the expected market return is \( 12 \% \). Portfolio \( \mathrm{X} \) is fairly priced and has the expected return of \( 16 \% \). Based on CAPM, wh
Answers
Based on the Capital Asset Pricing Model (CAPM), the expected return of security (security market line or SML) is equal to the risk-free rate plus the product of the beta coefficient and the difference between the expected market return and the risk-free rate.
The difference between the expected rate of return on the security and the SML of the security provides an estimate of the degree of overpricing or underpricing of the security. Second paragraph: The Capital Asset Pricing Model (CAPM) is a method of calculating the expected rate of return of a given security based on the expected rate of return of the market and the risk-free rate of return. According to the Capital Asset Pricing Model (CAPM), the expected return of a security is determined by the risk-free rate of return plus the product of the beta coefficient and the difference between the expected market return and the risk-free rate. In other words, the expected return of security (security market line or SML) is equal to the risk-free rate plus the product of the beta coefficient and the difference between the expected market return and the risk-free rate. If a security has a higher expected return than its SML, it is underpriced, and if it has a lower expected return than its SML, it is overpriced.
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what is true regarding the reputation of small businesses?
Answers
By offering job options to people who might not be employed by huge organizations and big firms, small businesses contribute to the local economy's expansion.
Now what we call a business that manages multiple businesses?
A conglomerate is a business made up of numerous independent, unique businesses. A global company controls a large number of other companies that conduct their activities on an autonomous basis. Conglomerates can be created in a variety of methods, including acquisitions and acquisitions.
What phrase best sums up businesses?
Typical synonym for business include employment, métier, career, pursuit, and work. The word "business" indicates activity in industry or the management of funds, but all of these concepts allude to "a definite persistent aim of engaging in order to earn one's living." the management function
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How does M&S keep existing customers happy?
Answers
Answer:
Im not sure
Explanation:
Use the drop-down menus and your knowledge of prefixes to choose the correct word for each sentence.
I love being outdoors, so a day at the movies is
for me.
Plants that
desirable traits tend to live longer than those that do not.
The situation was unpleasant, and I did not know how to
myself from it.
Answers
The correct prefixes are:
AtypicalExhibitExtricateWhat is a Prefix?This refers to the addition of a word at the beginning in order to change the meaning from the root word.
Hence, we can see that based on the complete question, there is the use of words like "typical", etc and to use the correct prefixes, one would have to change them to the above to make sense.
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The correct answers are:
AtypicalExhibitExtricateWhat are prefixes?Morphemes
Prefixes are morphemes (specific groups of letters with particular semantic meaning) that are added onto the beginning of roots and base words to change their meaning. Prefixes are one of the two predominant kinds of affixes —the other kind is suffixes, which come at the end of a root word.
Thus:
The correct answers are:
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What type of account is used regularly and handles day-to-day
transactions?
A Line of credit
B Money market
C Checking
D Savings
Answers
You use a checking account for day to day transactions. Debit card, checks and deposits are typical transactions for a checking account.
How do the events of the nation affect the national debt?
Answers
Answer: Growing debt has a direct effect on economic growth and the opportunities available to every individual in the country. If excessive levels of debt crowd out private or public or mutual investments in capital goods or works, workers would have less to use and get from their jobs, which would translate to lower productivity work and, therefore, lower wages in multiple aspects of the country's work done. High levels of debt would affect many other aspects of the economy in the future. For eq, higher interest rates result from increased borrowing from multiple agencies and invite under the various segments of college education house loan work loan. Less education and work opportunities will need skills up for various degrees and work to be followed under any scheme.
Explanation:
If we fail to act before a stipulated time the long time fiscal challenges will remain unaddressed and unchanged. The economic crisis and the overall economic environment weaken as confidence suffers, the access to capital funds gets reduced, interest costs crowd out key investments in our future, the conditions for growth deteriorate, and our nation is put at greater risk of economic crisis. If our long-term fiscal imbalance is not addressed, our future economy will be minimized, with fewer economic opportunities for families and workers down there in their own country.When an oligopolist individually chooses its level of production to maximize its profits, it produces an output that is?
Answers
Answer:
Less than the price charged by a monopoly and more than the price charged by a competitive market.
Kent Company manufactures a product that sells for $53.00. Fixed costs are $260,000 and variable costs are $28.00 per unit. Kent can buy a new production machine that will increase fixed costs by $13,600 per year, but will decrease variable costs by $3.80 per unit. What effect would the purchase of the new machine have on Kent's break-even point in units
Answers
The effect of the purchase of the new machine is increased break-even point in units.
What is Break even Point?Break Even Point refers to the situation of no profit and no loss in the business. The company calculate the break even point to keep its a sales above the break even point in order to generate more and more profits.
In the above case, calculation of the break even point in units is as follows:-
Break even point in units = fixed cost / sales in units - variable cost in units.
= 260000 / 53 -28
= 10,400 units
Thus the actual break even point in units is 10400 units.
The possible break even point if the Kent company bought the machine is as follows -:
= ($260,000 + 13600)/ 53 - 28 - 3.80
= 273600 / 21.2
= 12,966.82 units
Thus the break even points in units increases.
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Best Coffee Enterprises is dealing in a variety of coffee like Expresso, Cappuccino, and Caffe latte etc. It has several outlets in the city. It has a good financial standing and enjoys a good reputation in the market. It purchases high-quality coffee beans from Global Traders and pays them at a future date. Briefly explain the source of finance given by Global Traders to Best Coffee Enterprises.
Answers
Different sources of finance exist operated by various companies. Global Traders exist offering Trade Credit as a source of finance to the Best Coffee enterprises. Trade credit exists as a business-to-business (B2B) arrangement in which a customer can buy goods without spending cash up front, and delivering the supplier at the latest scheduled date.
What are the features of trade credit?It exists referred to as the payment holds authorized by the creditor for a specified period for their raw material.It exists usually comprehended as an instant source of finance.It usually occurs in B2B businesses where the payees exist and desired to pay within their established deadline.Trade credit exists as a business-to-business (B2B) arrangement in which a consumer can buy goods without spending cash up front, and paying the supplier at a later scheduled date. Usually, companies that work with trade credits will give customers 30, 60, or 90 days to pay, with the transaction recorded through an invoice.
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the similarities of African countries
Answers
The similarities between African countries are:
Background on Agriculture in Africa
Despite the great potential for agricultural production in Africa,UNDP states that about 73% of the poor people living in rural areas subsist on less than a dollar a day.In addition, the continent has about 200 million of the world’s hungry people (Millennium Development Goals (MDGs) Technical Support Centre.Furthermore, available statistics suggest that about one-third of the continent’s population is malnourished.Africa is also the only continent where food production has been falling over the years.One of the maximum famous suggestions for the origins of the time period 'Africa' is that it's far derived from the Roman call for a tribe living in the northern reaches of Tunisia, believed to possibly be the Berber human beings. The Romans variously named these human beings 'Afri', 'Afer', and 'If'.
It is brimming full of big things. As the second biggest continent in the world, Africa is jam-full of a number of the world's biggest things: the biggest desolate tract within the globe, the Sahara wilderness (explore it on our Morocco itineraries). The longest river in the world, the Nile River, runs for 6,853km (4,258mi).
Luxembourg is a small, landlocked U. S . Positioned in western Europe and bordered by means of Belgium, France, and Germany. With a population of 642,371, Luxembourg is the simplest Grand Duchy in the world. Its GDP in keeping with a capita of $a hundred and forty,694 makes it the sector's richest.
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Which person has the highest taxable income?
Person A: Earns $50,000 per year with $5,000 in deductions
Person B: Earns $60,000 per year with $10,000 in deductions
Person C: Earns $90,000 per year with $30,000 in deductions
Person D: Earns $100,000 per year with $60,000 in deductions
A. Person B
B. Person D
C. Person A
D. Person C
Answers
Answer:
D. Person C
Explanation:
Taxable income is the difference between the gross pay and all authorized deduction.
For person A : taxable income = $50,000 - $5000 = $45,000
For Person B: taxable income =$60,000 - $10,000 = $50,000
For Person C: taxable income= $90,000 - $30,000 = $60,000
For Person D: taxable income=$ 100,000 - $60,00= $40,000
Person C has the highest taxable income with $60,000
Answer: person c
Explanation:
a pe x
Describe how a free market works
Answers
how does the principle of marginal utility explain the price we would be willing to pay for another unit of a good or service?
Answers
The principle of marginal utility, states that the cost we are prepared to pay for a good or service depends on the marginal benefit one gets from using it.
The price a consumer is prepared to pay for a commodity is based on the marginal utility obtained from using it, according to the principle of marginal utility, which explains why consumers would be willing to pay more for another unit of it. A commodity's marginal utility is the additional benefit or advantage received from using one more unit. The marginal utility received often declines when more units of a commodity are taken.
This is because as more is consumed, each new unit provides us with progressively less satisfaction or value. Thus, the price consumers are willing to pay for an extra unit drops as the marginal usefulness of a commodity increase. This is because when the marginal utility of a commodity is high, consumers are willing to pay more for the initial units. Still, when the utility is low, they are only willing to pay a lower price for additional units.
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What is the probability that a respondent in the survey is male? What is the probability that a respondent in the survey is a male that is completely satisfied with their job? What is the probability
Answers
The probability of respondents being male is 30%.
Probability of male respondent being completely satisfied with their job is 33.3%.
To find the probability of an event occurring, you need to divide the number of favorable outcomes by the total number of possible outcomes. This formula is expressed as:
Probability = Number of Favorable Outcomes / Total Number of Outcomes
Using this formula, we can calculate the probability of a respondent being male, a male that is completely satisfied with their job, and the probability of any other events in the survey.
Here are the probabilities based on the given information:
To determine the probability of a respondent being male, you need to know how many males are in the survey and the total number of people in the survey. The probability of a respondent being male is expressed as:
Probability of respondent being male = Number of male respondents / Total number of respondents
For example, if there are 300 males and 700 females in the survey, then the probability of a respondent being male is:
Probability of respondent being male = 300 / (300 + 700) = 0.3 or 30%
To determine the probability of a male respondent being completely satisfied with their job, you need to know how many male respondents are completely satisfied with their job and the total number of male respondents.
The probability of a male respondent being completely satisfied with their job is expressed as:
Probability of male respondent being completely satisfied with their job = Number of male respondents completely satisfied with their job / Total number of male respondents
For example, if there are 100 male respondents who are completely satisfied with their job and 300 male respondents in the survey, then the probability of a male respondent being completely satisfied with their job is:
Probability of male respondent being completely satisfied with their job = 100 / 300 = 0.333 or 33.3%
To determine the probability of any other event in the survey, you need to know the number of favorable outcomes and the total number of outcomes.
For example, if you want to know the probability of a respondent being female and completely satisfied with their job, then you need to know the number of female respondents who are completely satisfied with their job and the total number of female respondents.
Probability of a female respondent being completely satisfied with their job = Number of female respondents completely satisfied with their job / Total number of female respondents.
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Which repayment option does not accrue interest while your required payments are paused?.
Answers
While enrolled at least half-time in school or during deferment periods, interest on subsidized loans does not accrue. Undergraduate and graduate students can apply for unsubsidized loans, which are not based on financial need.
Is interest still charged when a loan is paused?Your loan payments will stop, and until December 31, 2022, your interest rate will remain at 0%. Take the case where your grace period expired on April 15, 2022. Your payments would be stopped in this situation from April 15, 2022, until December.
When a loan is deferred, does interest continue to accrue?In certain situations, deferments let you put off repaying your loans. This is a crucial choice, especially because subsidized federal loans do not accrue interest during deferment periods. Unsubsidized loans do incur interest.
Which is preferable, direct subsidies or unsubsidies?Subsidized loans clearly outperform unsubsidized loans when comparing them. A subsidized loan can save you money throughout the course of the loan if you are eligible for one because the interest rates are lower. However, not everybody will be eligible for a subsidised loan.
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Mary hears from a friend that green tea can provide extensive health benefits. On her way to work, she sees a billboard advertising the newest brand of green tea by Mildone. Later that day, at the supermarket, Mary sees a promotional offer on Mildone's green tea and decides to try out this brand to see whether green tea really has the benefits its users advocate. Which of the following statements is true with regard to this scenario?
a. Mary's purchase of the green tea was independent of any marketinginfluence.
b. Mary experienced group, marketing, and situational influences in thispurchase.
c. Mary's experience of viewing the billboard was the group influence inthis scenario
Answers
Option b is true in this scenario.
Mary was influenced by three factors, which are group, marketing, and situational influences, leading to her purchase of the Mildone green tea. Mary's friend's recommendation about the health benefits of green tea is an example of group influence. Mary's friend is a member of Mary's reference group, and her suggestion had an impact on Mary's decision-making process. The billboard advertising the Mildone brand is an example of marketing influence.
The billboard caught Mary's attention, and it influenced her decision to purchase the product. Finally, the promotional offer at the supermarket is an example of situational influence. Mary may have been planning to purchase a different brand of green tea or no green tea at all, but the promotional offer made her change her mind and choose the Mildone brand.
In conclusion, Mary's purchase of the Mildone green tea was influenced by group, marketing, and situational factors, and it was not independent of any marketing influence, as stated in option a. Option c is incorrect because the viewing of the billboard is just one of the marketing influences that led to Mary's purchase, and it is not an example of group influence.
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which statement best describes the relationship between businesses and other parts of the circular flow of goods?
A. businesses make rules about what resources will be available
B. businesses sell the goods produced in households
C. businesses create the goods that product markets sell
D. businesses make it easier for households to access resource markets
Answers
The statement that describes the relationship between businesses and other parts of the circular flow of goods is that it is the businesses that create the goods that product markets sell. Hence, Option C is correct.
What is the flow of goods?Right from the availability of the raw material to the delivery of the goods to the ultimate customer, there is proper supply chain management, it works with the aim of the flow of goods. There are various types of flow, like labor flow, money flow, and many more.
Sometimes it is a complicated web in which there are interconnected networks, which involve a distribution channel also. There is a flow of labor also available, whose work is to produce goods and services.
Therefore, Option C is correct.
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Do firms really calculate marginal cost and marginal revenue to find the profit-maximizing output? If you examine the accounting records of most small businesses, you will be hard pressed to find explicit calculations of marginal cost and marginal revenue. So, why do economists develop rather elaborate, formal models of profit maximization when no one seems to do what we say they do?
Answers
It is a true statement that firms calculate their marginal cost and marginal revenue to find the profit-maximizing output.
What is marginal cost?A Marginal cost refers to the change in total cost when output is increased by one unit.
What is marginal revenue?A Marginal revenue refers to the change in total revenue when output is increased by one unit.
In conclusion, generally, a total profit is maximized where marginal revenue equals marginal cost, thus, they need to be calculated to realize that.
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a principal of $1800 is invested at 3.25% interest, compounded annually. how much will the investment be worth after 12 years? use the calculator provided and round your answer to the nearest dollar.
Answers
Answer:
To calculate the final value of the investment, we can use the formula:
A = P(1 + r/n)^(n*t)
where:
A is the final value of the investment
P is the principal amount invested, which is $1800 in this case
r is the annual interest rate expressed as a decimal, which is 0.0325 (since 3.25% = 0.0325)
n is the number of times the interest is compounded per year, which is once annually in this case
t is the number of years the money is invested, which is 12 years in this case
Plugging in the values, we get:
A = 1800(1 + 0.0325/1)^(1*12)
= 1800(1.0325)^12
= 2499.74
Rounding this to the nearest dollar, we get that the investment will be worth $2,500 after 12 years.
How has private enterprise strengthened the united states economy?
Answers
Answer:
to generate prosperity and produce goods and services that meet people's needs and improve their lives.
Explanation:
Because businesses cannot outgrow the economy of their communities
REALLLYYYY NEEED HELLLPPP!!!!
Questions below!!
Answers
1. Players in Game B are likely to rate their game as more fair, because the starting wealth is more evenly distributed between the various classes and the salaries are more balanced.
What is salaries?Salaries refer to the periodic payments made to employees for their services. Salaries may be paid on a weekly, bi-weekly, monthly, or annual basis, depending on the type of job and the agreement between the employer and the employee. Salaries may be paid in cash, by check, through direct deposit, or in other forms. Generally, salaries are based on the amount of work performed and may be influenced by factors such as experience, education, and performance.
This creates a more level playing field and gives players of all classes more opportunities to succeed.
2. Players in the middle class are likely to rate the game as most fair, because they have the best balance of starting wealth and salary when compared to the other classes.
3. Players in the upper class are likely to cheat the most, because they have the highest starting wealth and salary and therefore the most incentive to try and increase their wealth even further.
4. Game B gives players the most opportunity for success, because it is more evenly stratified and provides more balanced starting wealth and salaries for each class. This gives players of all classes more opportunity to succeed, rather than giving an advantage to those in the upper classes.
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.WHAT ARE THE MERITS AND DEMERITS OF MNC
Answers
Explanation:
Merits1. it has created a competition through which large varieties of a single goods is available in the market.
2. for the home country, it has lessens the dependence on import and lead to economic development by providing new jobs opportunity .
Demerits1. in some host Nation, the appearance of MNC can regulate competition and main event create a monopoly .
2. workers in the MNCs are paid on an irregular bases and they are often laid off without any payment during the time of recession .
a project that will last for 9 years is expected to have equal annual cash flows of $98,200. if the required return is 7.7 percent, what maximum initial investment would make the project acceptable?
Answers
The maximum initial investment that would make the project acceptable is calculated to be $621,171.53
The maximum initial investment can be considered to be the present value of the future cash flow.
The present value of annual cash flow can be calculated by using the following formula;
Present Value of annual cash flow = Annual Cash flows × Present value of annuity of 1
The present value of annuity of 1 can be calculated as follows;
Present value of annuity of 1 = [1-(1+i)^-n]÷i
Here i represents the required return which is 7.7% and n represents the number of years which is 9, therefore substituting these values as follows;
Present value of annuity of 1 = [1-(1+0.077)^-9]÷0.077
Present value of annuity of 1 = [1-(1.077)^-9]÷0.077
Present value of annuity of 1 = 6.32557567
Now substituting this Present value of annuity of 1 in the equation;
Present Value of annual cash flow = Annual Cash flows × Present value of annuity of 1
Present Value of annual cash flow = $98,200 × 6.32557567
Present Value of annual cash flow = $621,171.53
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desk costs $195 in the united states. the same desk costs 150 british pounds. if purchasing power parity holds perfectly, what is the exchange rate in dollars per pound quzilet
Answers
Answer:1.3
Explanation:
According to PPP, countries' exchange rates are in equilibrium when their purchasing power is the same, which means that their exchange rates should be equal to the ratio of their price levels.
Cost of goods in country A divided by cost of goods in country B equals purchasing power, or $195 divided by £150, or 1.3 dollars per pound.
What is 1 lb to a US dollar?The current exchange rate for one British pound is 1.1901 USD.
How does the pound compare to the dollar right now?The GBPUSD exchange rate today is (1.2271) in comparison to the GBPUSD rate yesterday (1.21555).
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What will the real value of $100 be in 7 years if you hide the money under your mattress and the inflation rate is 2%
Answers
The real value of the money after 7 years, if the money is hidden under the mattress and the inflation rate, is $ 86. 81.
How to find the real value ?If the inflation rate is 2%, the value of money is expected to decrease by 2% per year.
In 7 years therefore, you can use the future value formula to find the real value of the money to be :
= Value today x ( 1 - rate ) ^ number of years
This gives:
= 100 x ( 1 - 2 % ) ⁷
= $ 86. 81
This means that if you hide $100 under your mattress today, in 7 years, its real value will be $86.81 in terms of what it can buy.
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Carl owns a software firm, and mike owns a computer hardware manufacturing firm. they decide to create an alliance in order to manufacture laptops and desktops using the shared competencies of their respective firms. when creating the alliance, they make sure that each of them invests 50% capital and that they would each own a specified right to a percentage of the profits from the alliance. the collaborative relationship in this scenario is known as _____.
Answers
The collaborative relationship discussed in the passage is known as relational governance which facilitates growth and provides solutions.
What is a relational governance mechanism?The relational governance mechanism emphasis on equal distribution of roles and responsibilities along with financial investment to make the decision in any corporation. This is based on mutual understanding and trust.
In this scenario, Carl owns a software firm, whereas mike owns hardware manufacturing bringing equal investment with 50%capital. they also shared their skills and competencies to encourage better working in the organization.
Therefore, they implement a relational governance relationship where they share equal rights in the business.
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