An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to "export its way out of trouble" by oversupplying everything from automobiles to semiconductors. Evidence that deflation had become a genuine concern for managers was provided by a statement in the article by John Smith, chairman and CEO of General Motors Corporation: "Fundamentally, something has changed in the economy. In today's age, you cannot get price increases." The article offers advice to managers: "Productivity growth lets companies boost profits even as prices fall." Using short-run production and cost theory comment on this advice.

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Answer 1

Answer:

Explanation:

This advice is supported by short-run production and cost theory, which states that firms can increase their profits even when prices are falling by increasing productivity. This can be achieved through cost-cutting measures, such as reducing labor and capital costs, and by increasing efficiency in production processes. By reducing their costs, firms can be more competitive and still realize a profit. Additionally, productivity growth can help firms to produce more goods at a lower cost, thereby increasing the firm's profitability. Thus, the advice given in the Business Week article is in line with short-run production and cost theory.


Related Questions

The Digby's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Digby spends the same amount extra above the $1,000 recruiting base as they did last year.

Select : 1

Save Answer
$300,000
$3,270,000
$250,000
$2,725,000

Answers

Answer:

Explanation:

Answer: $2,725,000

The Digby's workforce complement will grow by 10% (rounded to the nearest person) next year. Ignoring downsizing from automating, what would their total recruiting cost be? Assume Digby spends the same amount extra above the $1,000 recruiting base as they did last year.

Select : 1

Save Answer
$300,000
$3,270,000
$250,000
$2,725,000

Answers

Answer:

Explanation:

Answer: $2,725,000

He had been living in delhi for the past five years. What tense has been used in the sentence?

Answers

Answer:

Past perfect tense

What are the main stages in the risk management process?

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Answer:

The main stages in the risk management process are: identification and assessment of risks, risk mitigation and response, monitoring and control, and review and improvement. During the identification and assessment stage, potential risks and threats are identified and evaluated to assess their likelihood and impact. During the mitigation and response stage, strategies are developed to reduce or eliminate the risks. During the monitoring and control stage, the strategies and processes are monitored to ensure they remain effective. Finally, during the review and improvement stage, the risk management process is regularly evaluated and improved to ensure it remains effective.

Explanation:

The risk management process typically involves the following stages:

Risk identification: This is the process of identifying potential risks that may impact an organization. This can be done through brainstorming sessions, interviews, surveys, and reviewing historical data.

Risk assessment: Once potential risks have been identified, they need to be assessed in terms of their likelihood and impact. This helps to prioritize the risks and determine which ones require the most attention.

Risk evaluation: In this stage, the organization evaluates the cost-benefit of different risk management options. The organization will look at the potential cost of implementing a risk management strategy and the potential benefits of that strategy.

Risk control: Once the organization has evaluated the different options, it needs to implement the chosen risk management strategy. This can include implementing controls to reduce the likelihood of a risk occurring or reducing the impact of a risk.

Risk monitoring and review: The final stage of the risk management process is monitoring and reviewing the effectiveness of the chosen strategy. This helps the organization to understand the impact of its risk management efforts, identify any new or emerging risks, and make any necessary adjustments to its risk management strategy.

Joe lived all year with Carol and her daughter Cindy. Carol worked part-time and made $6,000. Joe pays all the household expenses and provides all the support for Carol and Cindy. Wht is joes filing status

Answers

Answer:

Joe's filing status would likely be "Head of Household" because he pays all the household expenses and provides all the support for Carol and Cindy. To qualify for Head of Household status, the individual must be unmarried or considered unmarried on the last day of the year and have paid more than half the cost of maintaining a home for themselves and a qualifying person, such as Carol and Cindy.

Explanation:

I am better at my job than most of the other people who have the same job title agree or disagree

Answers

Disagreed. You cannot say that you are better at your job than others who have the same job title.

How to answer questionnaire questions?

While providing the answer to a questionnaire, it is very important that a person would try to be as truthful as possible.

The reason they have to be truthful is so that they would be able to give the best answer that would be useful for the research.

In a question like this, I used disagreed because it is not possible that you have met all of the persons that have the same job description as you do.

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Please answer the question in the image below.

Answers

The expected return of your portfolio is $ 8, 903. 60 .

How to find the expected return ?

The expected return on your portfolio can be found by the formula :

= ∑ ( Investment in investment vehicle x Return on investment vehicle )

This means that the expected return on the portfolio is :

= ( ( 24 % x 56, 000 ) x 13 %)) + ( 31 , 000 x 16 % ) +  ( ( 56 , 000 - 31, 000 - ( 56,000 x 24 %) ) x 19 %)

= $ 8, 903. 60

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Reading this textbook will require time and effort but doing so will help you improve your grade in this course. This statement is related to the

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Reading this textbook will require time and effort but doing so will help you improve your grade in this course. This statement is related to the "cost benefit principle"

What is the cost-benefit principle?

A cost-benefit analysis can be applied in any field. The cost-benefit concept is a method for deciding how to spend money or use resources.

It is a matter of evaluating the expenses (how much something will cost) against the advantages (what good things will happen if we do it). Sometimes the expenses outweigh the advantages, while other times the benefits outweigh the costs. If the advantages outweigh the costs, it's a smart idea to go forward with it. If the expenses outweigh the advantages, it's usually not a smart idea.

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According to recent data only 36 present of ubers current employees are women how do you think this situation helped perpetuate a flawed corporate culture

Answers

The low representation of women within Uber's workforce has likely played a significant role in perpetuating a flawed corporate culture. Research has consistently demonstrated the importance of diversity within organizations, particularly in terms of gender, in fostering a more inclusive and equitable work environment. A lack of diversity, as is evidenced by Uber's current demographic makeup, can lead to a homogenous group dynamic, where certain perspectives and experiences are underrepresented or excluded altogether.

This homogeneity can manifest in several ways, including the reinforcement of unconscious biases, the suppression of dissenting opinions, and the perpetuation of a culture that is not inclusive of different perspectives and experiences. Furthermore, research has shown that companies with higher levels of gender diversity tend to have better financial performance and a more positive reputation in the marketplace.

In the specific case of Uber, the lack of women in leadership positions and in other key roles may have contributed to a culture that was dismissive of the concerns of female employees, particularly in regards to sexual harassment and discrimination. Additionally, the absence of female voices in key decision-making positions may have led to a lack of understanding or consideration of the specific needs and perspectives of female customers and drivers.

Overall, the low representation of women within Uber's workforce is a clear indication of a flawed corporate culture, one that is in need of significant reform in order to promote diversity, equity, and inclusion. This includes implementing measures to increase the number of women in leadership positions and in other key roles, as well as creating a more inclusive and equitable work environment for all employees.

Mira hired emily to help her inside the store.emily's salary is 500/day .emily s wages were paid on December 30 2014 for work rendered until December 29 .Her pay for December 30 and 31 will be included in her January wages

Answers

Answer:

Explanation:

It is unclear what specific information is being requested. However, based on the given information, we can infer the following:

Emily was hired by Mira to work inside the store

Emily's salary is 500/day

Emily's wages for December 29 were paid on December 30, 2014

Emily's pay for December 30 and 31 will be included in her January wages.

It's important to note that the information provided does not specify the total amount of days worked by Emily, so it's impossible to calculate her total salary for the month of December.

1 of 20
When using social media, which of the following are valid operations security measures? Select all that apply.
Never violate operations security by posting critical information to social media sites.
Always conduct extensive subject research to support your claims on social media sites
Turn off the global positioning system (GPS) function on your personal digital devices since photos posted to social media could reveal your geographical location
While deployed, don't report your specific location on social media.

Answers

Using social media, security measures are: Do not compromise operational security by posting sensitive information on social media sites and Do not post personal information on social media.

What does social media sites mean?

Social media is a collective term for websites and applications focused on communication, community-based input, interaction, content sharing, and collaboration. People use social media to keep in touch and interact with friends, family, and diverse communities.

What is the importance of social media sites?

Billions of people around the world use social media to share information and make connections. On a personal level, social media allows us to connect with friends and family, learn new things, develop interests, and have fun.

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1. Is technology by itself enough to ensure high-quality customer service?

Answers

Answer:

Explanation:

when Ellery says, "I see we'll have to do it the hard way, 'it creates Tention because it revels. how hard Ellery will have to work to solve the crime.

Question 8 of 12
Which of the following are intersecting skills with critical thinking?
Select the 4 answer options that apply.

Cognitive flexibility


Emotional intelligence


Muscle flexibility


Stubbornness


Metacognition


Logic and reasoning

Answers

Cognitive flexibility, Emotional intelligence, Metacognition, and Logic and reasoning are intersecting skills with critical thinking. The correct options are A, B, E, and F.

What skills can we develop through critical thinking?

The capacity for factual analysis and opinion formation is known as critical thinking. A type of emotional intelligence, it. When the situation calls for it, a person with critical thinking abilities can think clearly and logically. They are able to make decisions and solve problems more effectively as a result.

Bias detection, inference, research, identification, curiosity, and relevance assessment are essential critical thinking abilities. Let's examine the six critical thinking abilities you should develop and why they are so crucial to the critical thinking process.

Thus, the ideal selection is options A, B, E, and F.

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When calculating GDP, investment refers to the:
O amount of new capital goods sold in a given year.
O purchase of stocks, bonds, or other financial assets.
.O purchase of new capital goods like equipment and factories.

Answers

Answer: When calculating GDP, investment refers to the purchase of new capital goods like equipment and factories.

Explanation: The gross domestic product is the monetary value of all finished products and services produced in a nation over a specified time period. The expenditure approach, often known as the spending approach, estimates the expenditures of the various economic participants. This strategy can be determined using the formula below:

GDP=C+G+I+NX

Where,

C=Consumption, G=Government spending, I=Investment, NX=Net exports

Investment does not include the purchase of stocks and bonds or the trading of financial assets when calculating GDP. It refers to the acquisition of new capital goods, which includes business equipment, new commercial real estate (including buildings, factories, and stores), residential dwelling construction, and inventory.

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Suppose Ana is currently using combination D, producing one boat_____per day. Her opportunity cost of producing a second boat per day is per day. Now, suppose Ana is currently using combination C, producing two boats______per day

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Ana is an economist who presently produces one boat every day utilizing combination D. Her daily opportunity cost of making a second boat is. Let's say Ana is currently generating two boats and three puzzles per day using combination C.

What is the job of an economist?

Providing economic advice to organizations, communities, and consumers At its root, economics is the analysis of judgement call, according to Sutton Puglia, a government economist and assistant professor at Southern New Hampshire University.

What kind of education do economists have?

At New York University, he received his Master of Arts and Doctor of Philosophy degrees in English literature. A specialist in economic principles examines the connection between a society's resources and its productivity or production.

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this is economics… but: how does the global economy change the marketplace for seller

Answers

Engaging the global marketplace helps groups accelerate increase and take gain of an array of opportunities which includes access to a new client base. Gaining access to a new client base helps corporations establish new revenue streams and reap a aggressive area in opposition to competitors.

How does globalization impact the marketplace?

In general, globalization decreases the fee of manufacturing. This means that corporations can provide goods at a decrease charge to consumers. The common fee of goods is a key component that contributes to increases in the standard of living. Consumers also have get right of entry to to a wider range of goods.

Marketing enables you to entice your customers via a number of fee creation, distribution, and conversation in international commercial enterprise management. The expansion of global markets does not affect the movement of customer items only, but additionally how agencies feature and reach out to collaborators.

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3. Do you think that the benefits of using technology outweigh the costs for a local organisation? Justify your answer with two reasons.​

Answers

Answer:

Technology can bring many benefits to a local organization such as improved efficiency, cost savings, and increased access to information and resources. However, there can also be costs associated with using technology, such as the need for training and maintenance, and potential security risks.

One reason the benefits may outweigh the costs is that technology can help an organization to streamline its operations, leading to greater efficiency and cost savings. For example, a business can use automation and other software to manage inventory, reduce paperwork, and improve communications with customers.

Another reason the benefits may outweigh the costs is that technology can help an organization to reach a larger audience and expand its reach. For example, a non-profit organization can use social media and other digital tools to engage with supporters and attract new donors, while a local business can use online platforms to expand its customer base.

Hope this helps! Enjoy Learning!:D

1. What does Accounting means and for what purpose we need it?​

Answers

Answer:

Accounting is the process of recording, summarizing, analyzing, and reporting financial transactions of a business or organization. It is used to provide information to those who need it to make informed decisions, such as investors, creditors, and management.

Explanation:

What is Marie Langhout's role at WhitePages.com?

Answers

Marie Langhout's role at WhitePages.com as responsible corporate site of the marketing concept.

Who is Marie Langhout's?

Marie Langhout's was leader of the global marketing concept. She was the most intelligent and the courage personality. She was Head of Global Marketing at eBay.

Marie Langhout's role at WhitePages.com corporate site as well as our products. She was the easily handel the online (social media) and offline (traditional) tactics. During her 7 years there as lead to the global marketing.

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A drug-free workforce does all of the following for the employer except

decreases high rates of absenteeism and turnover
increases the possibility of injuries on the job
prevents the possibility of drug use on the job
reduces the risk of accidents and injuries on the job

Answers

A drug-free workforce does all of the following for the employer except

increase the possibility of injuries on the job.

How have drugs impacted the work life?

Employee substance and alcohol misuse results in a wide range of costly issues for company and industry, including lost productivity, accidents, and a rise in health insurance claims. 1 The National Clearinghouse for Alcohol and Drug Information estimates that corporations in the United States lose $100 billion annually as a result of employee usage of alcohol and drugs (NCADI).

These astonishing figures do not account for the expense of directing corporate resources away from other uses in order to deal with substance misuse problems. Additionally, it excludes elements like "pain and suffering" that cannot be quantified financially.

Alcohol and drug abuse among American workers leads to expensive medical, social, and other issues that have an impact on both employees and businesses. 

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Please answer the question.

Answers

Based on the charts, the federal tax income withholding for these employees is $82, $85, $50, and $72.

How do you know the federal tax income withhold for an employee?

The federal tax income withhold varies depending on two main factors:

Your status (married vs single)Your week income

Based on this, government agencies create reference tables for single and married people that show them the amount of money for tax depending on their income. You can identify this by looking at the tables and finding out the range of your weekly income.

Note: Below I attach the missing information:

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Which of the following eras began when the Great Depression hit?
O the simple trade era
O the sales era
O the marketing department era
O the production era

Answers

Explanation:

Simple Trade Era (Pre-Industrial Revolution): The simple trade era was a time when everything was hand created and only available in a limited supply. It was also a time when basic commodities ruled. Households would produce what they consumed.

Mass Production Era (1860s-1920s): The production era began during the Industrial Revolution. Products were produced in mass and at a low cost. Typically businesses only produced one product at a time. Also during this era, businesses had the mindset of, “if produced, someone will buy” and thus increase profitability. Due to the current market, businesses could sell anything they produced.

Sales Era (1920s-1940s): As the market continued to become more saturated and intensify, competition increased among businesses. This created a need for marketing and sales techniques. Companies hoped through persuasion techniques that they could convince customers to purchase their products. However, companies were concerned with selling products simply to get rid of them for a profit, not because it would fulfill the needs of their customers. Everything in the sales era was about the price, not the quality of the products or the customer needs.

Marketing Department Era (1940s-1960s): The marketing department was defined during this era. We see advertising, sales, promotions, and anything marketing related all grouped into one department.

Marketing Company Era (1960s-1990s): This is an era when the marketing department takes control. We see the marketing department help guide a company’s direction. All employees are also involved in marketing, making it important for the success of the company.

In addition, there is a shift from mass production to the need to satisfy customers. The customers become king and are now the main focus. Businesses survive because they are here to fulfill the needs of customers. Distribution channels and pricing strategy are also defined during the marketing company era.

Relationship Marketing Era (1990s-2010): During the relationship marketing era, the focus is not only on creating relationships with customers but also long-term relationships. The ultimate goal for businesses is to create customer loyalty. Businesses want to create products that will ensure their customers come back every time.

Social/Mobile Marketing Era (2010-Present): Businesses focus on being social and connecting with clients in real-time. Due to technology, businesses and customers can communicate 24/7. The customer is in the driving seat now, not businesses.

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