The following statement is NOT true about the Hawthorne studies: Social pressures by coworkers do not significantly affect individual behavior. This statement is the answer to the question asked.Hawthorne studies refer to a series of experiments that were carried out from 1924 to 1932 at the Western Electric Company in Hawthorne, Illinois, in an attempt to determine the optimal level of illumination for workers.
In reality, it was discovered that the social and emotional aspects of work were equally important to efficiency and productivity in the experiments.The Hawthorne studies were significant because they demonstrated that employee output was influenced by factors other than pay or job requirements.
The findings of these studies supported the hypothesis that social and emotional factors had an important impact on work efficiency and satisfaction.The conclusion of the study showed that when employees are treated with dignity, productivity is increased.
This showed the significance of the human relations in organizations. Social pressures by coworkers, however, have been shown to have a significant impact on individual behaviour in the workplace. This statement is not true as it does not support the findings of the Hawthorne studies.
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for a perfectly competitive firm, average revenue is:
For a perfectly competitive firm, average revenue is equal to the price of the product they sell.
A perfectly competitive firm is one that operates in an environment in which it has no market power. In other words, a perfectly competitive firm does not have the ability to influence the price of the product it sells in the market. Therefore, it must take the market price as given.Average revenue (AR) is the total revenue divided by the quantity sold, which can be expressed as:AR = TR/QWhere,TR = total revenueQ = quantity soldSince a perfectly competitive firm has no market power, it has to accept the price set by the market.
Therefore, the price (P) is constant for the firm, and it can be expressed as:P = AR Hence, for a perfectly competitive firm, average revenue is equal to the price of the product they sell.
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Young job seekers are _____ more likely to be offered a job interview compared with older job seekers with similar resumes.
Young "job-seekers" are more-likely to be offered job interview compared with older "job-seekers" having similar resumes, option (a) is correct.
This phenomenon can be attributed to several factors. Firstly, there may be stereotypes that favor youth, such as the perception that younger individuals are more tech-savvy or adaptable to new technologies.
Additionally, employers may have concerns about the long-term commitment and potential health issues of older candidates. Younger job seekers are often perceived as having more growth potential and lower salary expectations.
These biases and perceptions contribute to the disparity in interview opportunities, highlighting the need for awareness and efforts to address age-related discrimination in the hiring process.
Therefore, the correct option is (a).
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The given question is incomplete, the complete question is
Young job seekers are _____ to be offered a job interview compared with older job seekers with similar resumes.
(a) more likely
(b) less likely
(c) equally likely
80% of people starting a business use their own personal savings. What is the advantage to this strategy versus using bank loans and credit cards? A. You control how the money is spent B. You will not pay interest on the capital. C. You do not have any risk of losing your money.
An advantage of using personal savings instead of bank loans and credit cards is you will not pay interest on the capital. (option B)
What is personal savings?Personal savings is the wealth that a person has accumulated over a period of time. When a person uses his personal savings to start a business, the person would not have to pay interest on the money used in the business because the funds used belongs to the person.
Banks loans and credit cards are subject to interest payment over the duration of the loan. Interest would increase the cost of starting the business. Funds that are gotten either from bank loans or personal savings can be lost if the business is not successful. Also, three is an opportunity cost associated in using the funds for starting a business. Opportunity cost is the cost of the next best option forgone when one option is chosen over other options.
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demand refers to group of answer choices how much of a good people are willing and able to buy at a particular price. the different quantities of a good people are willing and able to buy at different prices. the different quantities of a good people are willing and able to buy at a particular price. how much of a good people are willing to buy at different prices.
Option (b), The various quantities of things that individuals are willing and able to purchase at various prices are referred to as demand.
How should we define "demand"?Demand refers to a consumer's intention and readiness to buy a good or service at a particular moment in time or over a prolonged period of time. Consumers must also be able to purchase the goods they need or want based on the money they have set aside for discretionary spending.
An accurate definition of a demand connectionThe law of demand states that when a price is lower, more people will buy it, and when a price is higher, less people will buy it. Demand curves and demand schedules are instruments for describing the relationship between quantity desired and pricing.
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What type of transactions should be recorded in the Payment, Fee, Withdrawal column
of your check register?
Based on historical figures, how much would you gain or lose by putting your money in a savings account compared to investing in the stock market?
A:You will lose $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.
B:You will gain $3.3 to 4 million by putting your money in a savings account compared to investing in the stock market.
C:You will lose $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.
D: You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market.
You will gain $4.4 to 5 million by putting your money in a savings account compared to investing in the stock market. So, the correct answer is option D.
Due to their security, dependability, and liquidity, savings accounts are a wonderful place to keep money set aside for a future need. Your emergency fund and savings for short-term objectives, such as a trip or house maintenance, can be kept in these accounts.
In addition to having immediate access to your money when you need it, savings accounts frequently provide better interest rates than checking accounts. Even some savings accounts that offer an APY greater than money market accounts may be found. While high-yield savings accounts typically pay approximately 0.6 percent annual percentage yield (APY), the average APY on savings accounts is only 0.06 percent.
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Bonita Company began the year with owner's equity of $29500. During the year, Bonita received additional owner investments of $41000, recorded expenses of $144000, and had owner drawings $7600. If Bonita’s ending owner's equity was $121000, what was the company’s revenue for the year?
If, Bonita’s ending owner's equity was $121000. Then, the company's revenue for the year was $194,500.
We can use the accounting equation to solve this problem;
Assets = Liabilities + Owner's Equity
We know that the beginning owner's equity was $29,500 and that the owner made additional investments of $41,000 during the year. Therefore, the initial owner's equity was;
$29,500 + $41,000 = $70,500
We also know that the owner made $7,600 in drawings during the year, which reduces the owner's equity. Therefore, the total decrease in owner's equity from expenses and drawings was;
$121,000 - $70,500 = $50,500
Now we can calculate the revenue by adding the expenses to the decrease in owner's equity;
Revenue = Expenses + Decrease in Owner's Equity
Revenue = $144,000 + $50,500
Revenue = $194,500
Therefore, the company's revenue for the year was $194,500.
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Assume that wheat is traded in perfectly competitive markets. A senator from a farm state is proposing legislation to license wheat production so that wheat will be produced and sold by only a single producer becoming a monopoly. Discuss the economic implications of this proposal including the expected impact on allocative efficiency, quantity of wheat produced, and the potential for the single wheat producer to earn positive economic profits.
Licensing wheat production by only a single producer will have a negative effect on allocative efficiency. Allocative efficiency is a term used to describe an economy's optimal distribution of goods and services.
It occurs when an economy produces goods and services that are the most valued by consumers, as determined by their willingness to pay .A monopoly will lead to allocative inefficiency as a single producer would produce less output than a competitive market would, and the price would be higher, reducing social welfare, and therefore harming consumers' interests. The proposal of a single wheat producer may have a positive impact on the quantity of wheat produced, as a single producer would increase output to maximize their profits. Still, in the long run, the monopoly would lead to lower quantities and higher prices. The quantity of wheat produced will, however, depend on the elasticity of demand for wheat. If demand for wheat is inelastic, the monopoly would be in a position to produce less, charge a higher price, and earn positive economic profits. The potential for the single wheat producer to earn positive economic profits is high, given that they have the power to set prices in the market. In a monopoly market, the firm would restrict output to increase price and revenue, and therefore maximize profits. The profit earned by the monopoly depends on its ability to control price and quantity. If the elasticity of demand for wheat is high, the monopoly may not be able to charge a high enough price to earn positive economic profits. However, if the demand for wheat is inelastic, the monopoly will be in a position to restrict output, charge a higher price, and earn positive economic profits.
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As a FedEx contractor, you own 50 trucks. Ten of your trucks are brand
new, and each of these trucks has a 95% chance of being in service on
any particular day. Twenty of your trucks are of an intermediate age, and
each of these trucks has a 90% chance of being in service on any particular
day. Finally, twenty of your trucks are old; each truck has a 80% chance
of being in service on any particular day. You need at least 44 trucks to
be in service in order to meet your delivery goals.
(a) Using your probability formulas, calculate what the average (i.e. ex-
pected) number of trucks will be serviceable on any given day. Show
your work. (5 pts)
(b) What is the probability that you have enough trucks (i.e. that you
have 44 or more trucks)? Use Excel to conduct a simulation with
20,000 trials in order to answer this. (5 pts)
(c) Repeat the above exercise, once for each of the following quantities:
30, 35, 40, 43, 44, 45, 50. Plot your answers on a line graph, with the
probability on the y-axis, and the quantities on the x-axis. Be sure
to title your graph and provide axis labels. Note, your graph should
be sloping downward or upward, but it shouldn’t zig-zag upward and
downward. Such zig-zags can happen because of random error from
the simulations. Be sure to conduct enough trials in your simulations
so that your graph doesn’t zig-zag (i.e. it should be monotonic).
The average number of trucks expected to be in service on any given day is 44.9.
To calculate this, we can use the formula for expected value, which is the sum of the products of each possible outcome and its corresponding probability.
For the brand new trucks, since there are 10 of them and each has a 95% chance of being in service, the expected number of brand new trucks in service is 10 * 0.95 = 9.5.
For the intermediate age trucks, with 20 of them and a 90% chance of being in service, the expected number of intermediate age trucks in service is 20 * 0.9 = 18.
For the old trucks, with 20 of them and an 80% chance of being in service, the expected number of old trucks in service is 20 * 0.8 = 16.
Adding up the expected numbers of trucks in service from each category, we get 9.5 + 18 + 16 = 43.5.
Therefore, the average number of trucks expected to be in service on any given day is 43.5.
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I WILL GIVE BRAINLIES, FIVE STARS AND MY THANFUL THANKS!!!~
Using complete sentences post a detailed response to the following.
Lionel works for an energy company interested in drilling for oil off the coast of a small island. The representative for the local fishing industry, Rochelle, says that locals are vigorously opposed to Lionel’s idea. A town meeting is held. Lionel explains how his company is dedicated to practicing the safest drilling techniques. He explains that oil piped from the ocean’s floor is purer and that it can be harvested in a more efficient way than an oil rig on land. Lionel also emphasizes how much the trucks carrying fish to the markets all over the country would save if local oil was able to be used. Rochelle fires back that in the past, serious accidents with offshore oil drilling have been reported. She points out that if there were a spill, the resulting death of fish would cost the local fisherman their livelihood. Local opinion on the issue is split. Before the town agrees to side with Lionel’s energy company or Rochelle’s local fish industry, officials order a report from a biotechnologist. Everyone agrees to go with what the biotechnologist recommends. Which side do you think the biotechnologist will agree with? Why?
Answer:
they need more detail because how is his livelihood
Explanation:
From the field of economics, the ________ explains how the perceived value of a product or service is affected by the number of people using the product or service.
Answer:
network effect
Explanation:
the fourth industrial revolution is where advances in _______ are radically shifting the way we work, live, learn, and interact with each other.
The fourth industrial revolution is where advances in technology are radically shifting the way we work, live, learn, and interact with each other.
So, the correct answer is technology.
We are at the start of the Fourth Industrial Revolution, a new period that expands and builds on the effects of digitization in novel and unexpected ways. Technologies are emerging and having an impact on our lives in ways that suggest this is the case. Therefore, it is important to take some time to think about the specific changes we are going through and how we can ensure that they benefit the majority rather than a select few, both collectively and individually.
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If you do not complete high school, you are typically paid more than those who pursue post-secondary education Please select the best answer from the choices provided T F
Answer:
false
Explanation:
Post-secondary education refers to an education that goes beyond high school.
Answer:
false
Explanation:
Which of the following organizational structural characteristics would most likely result in managerial ethicalâ behavior?
A. performance appraisal systems focused on outcomes
B. mixed messages from authority figures
C. few job descriptions
D. formal rules
The organizational structural characteristic that would most likely result in managerial ethical behavior is formal rules. When an organization has clear and well-defined rules and regulations in place, it provides guidance and a clear framework for ethical decision-making.
Formal rules can include codes of conduct, policies, and procedures that outline what is expected of managers and employees in terms of ethical behavior. These rules can also be enforced through disciplinary actions, which serve as a deterrent against unethical behavior.
On the other hand, a performance appraisal system focused on outcomes may lead to unethical behavior, such as manipulation of data or cutting corners to meet performance targets.
Mixed messages from authority figures can also create confusion and ambiguity around ethical standards, making it difficult for managers to make ethical decisions.
Few job descriptions can lead to role ambiguity and unclear expectations, which may make it difficult for managers to understand what is expected of them in terms of ethical behavior.
In summary, formal rules provide a clear and consistent ethical framework that can guide managerial behavior and promote ethical decision-making.
Content-loaded rules will serve as a compass for managers to do the right thing and help establish a culture of ethical behavior within the organization.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUdoes doja cat deserve her fame? what do you think?
nonprice competition seeks to increase perceived benefits associated with a product.
T/F
True. Nonprice competition refers to the marketing strategy used by businesses to differentiate their products or services from competitors' offerings based on factors other than price.
It aims to enhance the perceived benefits associated with a product or service in order to attract customers. By highlighting unique features, quality, branding, customer service, convenience, or other attributes, businesses seek to create a competitive advantage and appeal to consumers on factors beyond price alone. Nonprice competition recognizes that consumers often consider various factors when making purchasing decisions, and by emphasizing the value and benefits of a product, businesses can influence consumer preferences and increase their market share.
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The table below shows the measurements M1 and M2 taken by the same analyst. Draw a scatter plot of the data.
M1 0.243 0.352 0.357 0.469 0.444 0.555 0.552
M2 0.245 0.348 0.361 0.470 0.439 0.560 0.548
a.
C.
0.75
0.75
0.625
0.625
.
0.5
0.3
.
0.375
0.375
2
0.23
0.25
0.125
0.125
0.125
0.25
0.375
0.5
0.62
0.125
0.25
0.375
0.5
0.62
Answer:
Its C
Explanation:
Answer:
C
Explanation:
ifunny is dankreloaded
Retail Method; Gross Profit Method Selected data on merchandise inventory, purchases, and sales for Jaffe Co. and Coronado Co. are as follows: Cost Retail Jaffe Co. Merchandise inventory, February 1 $400,000 $615,000 Transactions during February: Purchases (net) 4,055,000 5,325,000 Sales 5,100,000 Coronado Co. Merchandise inventory, May 1 $400,000 Transactions during May through October: Purchases (net) 3,150,000 Sales 4,750,000 Estimated gross profit rate 35% Required: 1. Determine the estimated cost of the merchandise inventory of Jaffe Co. on February 28 by the retail method, presenting details of the computations. Jaffe Co. Cost of the Merchandise Inventory February 28 Cost Retail $ $ $ $ Ratio of cost to retail price: % $ $ 2a. Estimate the cost of the merchandise inventory of Coronado Co. on October 31 by the gross profit method, presenting details of the computations.
Answer:
1. Estimated cost of the merchandise inventory of Jaffe Co. on February 28 by retail method us $733,764.71
2a. Estimated cost of the merchandise inventory of Coronado Co. on October 31st by gross profit method is $462,500
2b. Estimated loss of inventory due to damage or theft during May through October is $96,000.
Explanation:
Please find attached detailed breakdown of the above questions and answers.
The shareholders of Busy Patterns have a preemptive right. Busy Patterns has decided to sell 1,000,000 new shares of common stock and the company currently has 1,000,000 shares outstanding. The preemptive right allows the current shareholders to:
Answer:
PREEMPTIVE RIGHT will allows the current shareholders to go ahead and
purchase a share of the common stock in the new common stock sale for each of the share that is been own by the shareholders before the common stock shares is been offered to the another entity.
Explanation:
Based on the information given we were told that Busy Patterns shareholders have a PREEMPTIVE RIGHT which simply means the right for a person, company or organization to acquire another new shares before the shares is offered to another person, company or organization in which we were still told that Busy Patterns has decided to sell the 1,000,000 new shares of common stock, Based on this PREEMPTIVE RIGHT will allows the current shareholders to go ahead and
purchase a share of the common stock in the new common stock sale for each of the share that is been own by the shareholders before the common stock shares is been offered to the another entity.
Kate likes to draw and is quite good at it. She's also enjoyed photography classes and has a good eye. While she loves her artwork, she is looking for a stable career option. Which career should she choose and why?
Answer:
food
Explanation:
because
Answer:
peeee
Explanation:
peeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
The following selected accounts and normal balances existed at year-end. Make the four journal entries required to close the books: Accounts receivable $45,000, Prepaid insurance 4,500, Land 50,000, Accounts payable 39,000, Notes payable 55,000, Retained earnings 12,000, Dividends 2,000, Fees earned revenue 65,000, Selling expenses 34,500, Administrative expenses 12,750, Miscellaneous expense 1,250.
The required Journal Entries that are required to close the book for the selected four accounts at year-end include the following:
Journal Entries:
December 31,
Debit Fees earned revenue $65,000
Credit Income Summary $65,000
To close the Fees revenue to income summary.
Debit Income Summary $34,500
Credit Selling expenses $34,500
To close the selling expenses to income summary.
Debit Income Summary $12,750
Credit Administrative expenses $12,750
To close the administrative expenses to income summary.
Debit Income Summary $1,250
Credit Miscellaneous expense $1,250
To close the miscellaneous expenses to income summary.
Data Analysis:
1. Accounts to be closed to Income Summary are:
Fees earned revenue $65,000 Income Summary $65,000
Income Summary $34,500 Selling expenses $34,500
Income Summary $12,750 Administrative expenses $12,750
Income Summary $1,250 Miscellaneous expense $1,250
2. Assets and Liabilities accounts:
Accounts receivable $45,000
Prepaid insurance 4,500
Land 50,000
Accounts payable 39,000
Notes payable 55,000
Retained earnings 12,000
Closed to Retained earnings: Dividends 2,000
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A manager who is reactive and works hard to address problems after they occur is known as a . (a) problem seeker (b) problem avoider (c) problem solver (d) problem manager
Answer:
(c) problem solver
Explanation:
A manager can be defined as an individual who is saddled with the responsibility of providing guidance, support, supervision, administrative control, as well as acting as a role model or example to the employees working in an organization by being morally upright.
Generally, managers are typically involved in taking up leadership roles and as such are expected to be build a strong relationship between their employees or subordinates by creating a fair ground for effective communication and sharing of resources and information. Also, they are required to engage their staff members (entire workforce) in the most efficient and effective manner.
Hence, a manager who is reactive and works hard to address problems after they occur is known as a problem solver.
This ultimately implies that, a problem solver proffer solutions to a problem after it has occurred already. Problem solver are reactive rather than being proactive by preventing or mitigating the possibility of a problem arising.
Please review all of the assigned materials for this week. Then in a paragraph consisting of several sentences, please explain how electronic banking and electronic funds transfer systems have evolved
Electronic banking and electronic funds transfer (EFT) systems have evolved from basic ATM services to comprehensive online banking platforms and mobile applications.
Over the years, electronic banking and electronic funds transfer (EFT) systems have undergone significant evolution, revolutionizing the way financial transactions are conducted. Initially, electronic banking started with the introduction of automated teller machines (ATMs) in the 1960s and 1970s, allowing customers to withdraw cash and check account balances outside of banking hours. This provided convenience and accessibility to customers.
As technology advanced, electronic banking expanded to include online banking in the 1990s. Customers could now access their accounts, view transaction history, transfer funds, and pay bills electronically through secure online platforms. This development brought banking services to the fingertips of customers, enabling them to manage their finances remotely and at their convenience.
The emergence of electronic payment systems, such as debit cards, credit cards, and digital wallets, further transformed the landscape of electronic funds transfers. These systems facilitated the seamless transfer of funds electronically during point-of-sale transactions, both in physical stores and online.
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Which of these is NOT a major export of the United States
scientific instruments
electrical machinery
telecommunication equipment
agricultural products
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
If Dallas Company billed a client for $10,000 of consulting work completed, the accounts receivable asset increases by $10,000 and: Multiple Choice Accounts payable decreases $10,000. Accounts payable increases $10,000. Cash increases $10,000. Revenue increases $10,000. Revenue decreases $10,000.
In the event that Dallas Company bills a client, the account that will increase along with accounts receivable is a Revenue increase of $10,000.
Accounts affected Accounts receivable will increase because the client will owe Dallas Company. Revenue will increase as well because Dallas Company is earning revenue from the consulting work.The increase to the Revenue account will be the amount charged for consulting work which is $10,000.
In conclusion, option D is correct.
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The best reason to record income at the top of a budget is
a. to easily add expenses to it.
b. to know how much money is available.
c. to avoid spending too much money.
d. to see that is is more important than expenses.
B) To know how much money is available.
You can clearly see how much money you have available to spend or save by listing revenue at the top of a budget.
Making judgments on how to divide your money and prioritize your expenses requires knowledge of this information.
You may see how much money is available to cover your bills, pay off debts, and save for the future by putting revenue at the top of your budget.
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Which of these learning styles best describes someone who prefers to learn through hands-on activity or activities that allow them to use movement?
verbal/linguistic
interpersonal
bodily/kinesthetic
rhythmic/musical
Answer:bodily/kinesthetic have a great day
Answer:
bodily/kinesthetic
9 48. The stages of human development are: 1.Clear and distinct 2.Varied from person to person 3.Easily navigated 4.Only physical traits
Answer:
2. VARIED FROM PERSON TO PERSON
Explanation: