Answer:
b. No sentence fault
Explanation:
help me please
A _____ is when the government may provide money to banks that are having troubke in order to help them recover.
A. rescue
B. bail-out
C. takeover
D. investment
Answer:
The correct answer is B. Bail-out.
Explanation:
cost of goods sold, sales revenue, income statement jasper company provided the following information for last year: line item description numerical data sales in units 280,000 selling price $12 direct materials 210,000 direct labor 565,000 manufacturing overhead 110,000 selling expense 437,000 administrative expense 854,000 last year, beginning and ending inventories of work in process and finished goods equaled zero. required: calculate the cost of goods sold for last year. fill in the blank 1 of 1$
The total cost of goods sold (COGS) for the year is computed as the sum of all manufacturing expenses. Manufacturing expenses in this scenario comprise direct materials, direct labor, and manufacturing overhead.
COGS = Cost of Goods Sold + Direct Labor + Manufacturing Overhead COGS = $210,000 + $565,000 + $110,000 COGS = $885,000 As a result, the cost of products sold for the previous year was $885,000. The total cost of goods sold (COGS) for the year is computed as the sum of all manufacturing expenses. Manufacturing expenses in this scenario comprise direct materials, direct labor, and manufacturing overhead. cost of goods sold, sales revenue, income statement jasper company provided the following information for last year: line item description numerical data sales in units 280,000 selling price $12 direct materials 210,000 direct labor 565,000 manufacturing overhead 110,000 selling expense.
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5. Start with the assumptions in problem 4. But now assume that the additional volume does not enable enough economies-of-scale to reduce the average cost per case as much as originally anticipated. Assume now that the average cost per case drops only to $95. What is the new required price?
The total cost would be the average cost multiplied by the quantity, or $95 * 4000 = $380,000. The new required price can be calculated by using the formula for average cost, which is total cost divided by quantity.
In this case, the average cost is $95, so we can rearrange the formula to find the required price. The formula would be:
Required price = Total cost / QuantityWe can plug in the values for total cost and quantity to find the required price. The total cost would be the average cost multiplied by the quantity, or $95 * 4000 = $380,000. The quantity is 4000 cases. So the formula would be:
Required price = $380,000 / 4000The required price would be $95 per case. This means that the company would need to charge $95 per case in order to break even with the new average cost of $95.
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when the price of grape jelly increases from $1 to $2 the quantity of crunchy peanut butter decreases from 30 to 20 jars. use the formula for the cross price elasticity of demand to determine whether these two goods are complements or substitute
peanut butter and Gap Grape Jelly are Complementary goods.
Sub - Substitute goods have positive Cross elasticity of demand.
Cross price elasticity = (% Change in Quantity demanded of Good 1 / % Change in Price of Good2)
= (Q1-Q0/P1-P0)*(P0/Q0)
Q1 = New Quantity good i = 20
Q0 = old Quantity peanut butter = 30
P0= old price Grape Jelly = I
P1 = New price Grape Jelly = 2
= (20-30 / 2-1)*(1/30)
=-0.33 (cross price elasticity)
When Cross price elasticity is Bare Negative, it means goods Complementary. So peanut butter and Gap Grape Jelly are Complementary goods. Sub - Substitute goods have positive Cross elasticity of demand.
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Who benefits if Stacy uses eBay to sell an old camera to Donna, a collector of old cameras?[A] Stacy, Donna, and eBay[B] Donna only[C] Stacy and Donna[D] Stacy only
If Stacy uses eBay to sell an old camera to Donna, a collector of old cameras, Stacy, Donna, and eBay all benefits. (Option A)
In the given case, Stacy sells an old camera using eBay to Donna who is a collector of old cameras. As a result, all three of them benefit from the transaction. Stacy benefits from using eBay to sell her old camera because she is able to make a profit from the sale. Donna benefits because she is able to add the old camera to her collection. eBay benefits because they receive a percentage of the sale as a fee for facilitating the transaction.
Therefore, all three parties benefit from the transaction.
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now that you've learned a little about the law, what do you think the current state of (or perception of) the law is with respect to our society? are lawyers and lawsuits bad for a prosperous economy? do they have a function to help the economy? what do you think is the biggest influence on your personal perceptions of the law? the media? internet postings blogs? discussions with friends, relatives, coworkers? opinions offered by politicians or your employer?
The perspective of the law and its function in society varies widely based on a variety of factors such as cultural and economic background, personal experiences, and political opinions.
Lawyers and litigation can have both beneficial and negative economy effects. On the one hand, litigation can serve to settle conflicts and give individuals and corporations a way to seek justice and recompense for wrongs done to them. This can serve to foster economic stability and growth by giving economic transactions a sense of security and predictability. Excessive or frivolous lawsuits, on the other hand, can generate uncertainty, raise the cost of conducting business, and discourage investment. The media, online postings, blogs, and conversations with friends, family, and coworkers can all have an impact on an individual's opinions. of the law. However, in order to build an educated and balanced opinion, it is critical to analyze the source of information and seek out other viewpoints. Opinions expressed by politicians or one's job can also be influential, but it is vital to critically assess these sources and not depend completely on them. To summarize, the condition of the law and how it is seen in society can be complicated and diverse, and it is critical to carefully analyze a variety of information sources before forming an educated view.
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what is the npv of the offer if the apporpriate discount rate is 12 percent wha is the npv of the offer if the appropraite discount rate is 22 percent
The NPV of an offer is influenced by the cash flows involved when those cash flows will occur, and the appropriate discount rate that will be applied to reduce those cash flows to their present value. The NPV at a discount rate of 12% or 22% cannot be calculated without this information.
A financial metric known as net present value is used to assess the present value of future cash flows after taking the time value of money into the account (NPV). In a nutshell, it assesses the present value of anticipated cash inflows and outflows from an investment, project, or business opportunity. The initial cost of the investment is subtracted before future cash flows are discounted back to their present value to determine the NPV.
We would need to be aware of the anticipated cash flows from the opportunity or investment, their timing, and the proper discount rate that takes the risk of the investment into account in order to compute the NPV of an offer. We cannot determine the NPV in this scenario using a discount rate of 12% or 22% since we lack any knowledge about the cash flows, timing, or risk.
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abc inc. is planning to sell its surplus equipment. this transaction should most likely be classified as:
The sale of surplus equipment by ABC Inc. would most likely be classified as a non-operating or an "other income" transaction in the company's financial statements.
What is a non-operating income?Non-operating income is income earned by a company that is not directly related to its core business operations. In this case, the sale of surplus equipment is not part of ABC Inc.'s core business activities and is therefore considered non-operating income. Other examples of non-operating income include gains on the sale of investments, rental income, and interest income.
Alternatively, the sale of surplus equipment could also be classified as an "other income" transaction, which is a catch-all category for income that is not related to the company's core business operations or investment activities.
Regardless of how it is classified, the income generated from the sale of surplus equipment would be reported on the company's income statement as a separate line item, typically under "non-operating income" or "other income."
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the process of creating a profile of your ideal customer for the purposes of developing a marketing strategy is known as what?
Any good marketing strategy, whether written in 1916 or 2016, starts with identifying the customer and their needs. And it all starts with developing an ideal customer profile, also known as a buyer persona.
What is the customer profiling procedure?
Customer profiling is the process of describing a customer or group of customers based on demographics, psychographics, purchasing patterns, and other factors.
An ideal customer profile (ICP), also known as an ideal buyer profile, defines the ideal customer for the problem that your company solves. This is a fictitious company with all of the characteristics that would make it the best fit for the solutions you offer.
Therefore, In other words, it is identifying the characteristics of people who are most likely to buy your product or service and get a lot out of it.
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possessing the ability to read but being unwilling to do so characterizes
The term that characterizes possessing the ability to read but being unwilling to do so is "reading aversion".
What is meant by Reading Aversion?
Reading aversion or book aversion is a condition where a person has the ability to read but avoids reading due to various reasons. This can be caused by a lack of interest in reading or a negative experience with reading. It can also be caused by other factors such as difficulty in focusing or visual issues that make reading uncomfortable.
People with reading aversion may avoid reading for pleasure or even necessary reading, such as work-related materials or school assignments. This can lead to challenges in academic or professional settings and limit their personal growth.
However, it's important to note that reading aversion is not a disorder or a sign of low intelligence. People who struggle with reading or choose not to read may have other talents and strengths that are just as valuable. It's also possible to overcome reading aversion with the help of a reading specialist, therapist, or other professionals.
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espresso express operates a number of espresso coffee stands in busy suburban malls. the fixed weekly expense of a coffee stand is $1,200 and the variable cost per cup of coffee served is $0.22. required: 1. fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at the indicated levels of activity. 2. does the average cost per cup of coffee served increase, decrease, or remain the same as the number of cups of coffee served in a week increases?
The average cost per cup of coffee sold is 0.82, 0.79, 0.77 after we place the given number and information in the table and calculate the average with the help of fixed cost, variable cost and total cost.
The average per cup of coffee decreases as the number of cups served increases and the sane is because the fixed cost allocated to each cup of coffee reduces as the number of cups increases. In other words, the arithmetic mean is another name for an average. A mean is a term used to describe the average.
Fixed costs, commonly referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services it produces. These frequently occur again and again, like monthly rent or interest payments. They frequently also count as capital expenses.
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which of the following is a government transfer? a interest payments to those who have purchased u.s. treasury bills. b wages paid to u.s. senators c payments to contractors for repairs on interstate highways d social security payments to retired postal workers e purchases of tanks for the army
The correct option is (c) social security payments to retired postal workers. It is a government transfer.
Government transfers are government payments. These are the independent of recipient's performance. And social security payments for retired postal worker is a type of government transfer. Payments only available to people those who have worked at Swiss Post for a specific or a certain period of time and have reached any certain age.
These payments are funded by taxes and paid by current workers and by businesses, and the amount of the payments is determined by the federal government. The payments are intended to supplement other sources of income for retirement and also help retired postal workers in maintaining a decent standard of living.
Full Question:
Which of the following is a government transfer?
a. wages paid to US senators
b. purchases of tanks for the army
c. social security payments to retired postal workers
d. payments to contractors for repairs on interstate highways
e. interest payments to those who have purchased US treasury bills
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What is trade between different countries called?
International Trade is the term used to describe trade between nations.
What does it mean to trade internationally?The exchange or trading of products and services among several nations is referred to as international trade. Trade of this nature strengthens and expands the global economy.
Which four categories of international trade are there?Inter-firm commerce, intra-industry trade, firm-to-firm trade, and industry-to-industry trade are examples of the various forms of international trade. Importing or exporting products and services is a component of each of these categories of international trade. The range and approaches taken by the different trades are the only things that differ.
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preliminary plans are under way for the construction of a new stadium for a major league baseball team. city officials have questioned the number and profitability of the luxury corporate boxes planned for the upper deck of the stadium. corporations and selected individuals may buy the boxes for $280,000 each. the fixed construction cost for the upper deck area is estimated to be $4,760,000, with a variable cost of $140,000 for each box constructed. (a) what is the break-even point for the number of luxury boxes in the new stadium? x
To find the break-even point for the number of luxury boxes, we need to determine the number of boxes that need to be sold to cover the total costs.
Let x be the number of luxury boxes sold.
The total cost function can be written as:
Total Cost = Fixed Cost + Variable Cost
Fixed Cost = $4,760,000
Variable Cost = $140,000 per box
Total Cost = $4,760,000 + $140,000x
The total revenue generated from selling x boxes can be expressed as:
Total Revenue = Price per Box × Number of Boxes
Price per Box = $280,000
Total Revenue = $280,000x
The break-even point is when Total Revenue equals Total Cost:
Total Revenue = Total Cost
280,000x = 4,760,000 + 140,000x
140,000x = 4,760,000
x = 34
Therefore, the break-even point for the number of luxury boxes in the new stadium is 34 boxes. The team will need to sell at least 34 boxes to cover their total costs. If they sell more than 34 boxes, they will make a profit, and if they sell fewer than 34 boxes, they will incur a loss.
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suppose you purchase a bond with a face value of $1,000 and a coupon rate of 6 percent. you bought this bond for $1010, and you sell it one year later for $900. what rate of return did you earn over that year?
The investor experienced a negative return of 4.95% over the year.
To calculate the rate of return earned over a year, we need to take into account the income received from the bond, as well as the change in its value.
In this case, the bond has a face value of $1,000 and a coupon rate of 6 percent. This means that the bond pays $60 in interest income ($1,000 x 0.06) each year.
The bond was purchased for $1,010 and sold for $900 after one year, resulting in a capital loss of $110 ($900 - $1,010).
Therefore, the total return over the year was the interest income of $60 minus the capital loss of $110, which gives a total loss of $50.
To calculate the rate of return, we need to divide the total loss by the initial investment and express the result as a percentage.
So, the rate of return earned over the year is:
($50 / $1,010) x 100% = 4.95%
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Assignment 2R: Customers, Inventory, and Safety Instructions
The three ways which most company uses to create a brand promise are through its:
Product Design and InnovationUser ExperienceCustomer Service.Description of ways that the company uses to create that brand promise:One well-known company that has a strong brand promise is Apple Inc. Apple's brand promise is centered around delivering innovative, high-quality products and services that offer a seamless, intuitive, and stylish user experience. The company aims to provide its customers with products that simplify their lives and enhance their ability to connect and express themselves in new and exciting ways.
Here are three ways that Apple creates and upholds this brand promise:
Product Design and Innovation: Apple is known for its sleek and stylish product designs, as well as its innovative approach to technology. The company invests heavily in research and development to bring new and exciting products to market, such as the iPhone, iPad, and MacBook.User Experience: Apple places a strong emphasis on the user experience. All of its products are designed to be easy to use, intuitive, and seamless. The company also offers a wide range of services, such as Apple Music, the App Store, and Apple Pay, that enhance the overall user experience.Customer Service: Apple has a reputation for providing exceptional customer service. The company operates a large network of retail stores that offer hands-on support and repair services, as well as a robust online support center. Apple also offers a warranty program that covers its products for a specified period of time, giving customers peace of mind.By consistently delivering on its brand promise, Apple has built a loyal customer base and a strong reputation as a company that provides innovative and high-quality products and services.
Missing words "You learned about customers, inventory, and safety. Now, you'll apply what youlearned.1. Choose a well-known company, and describe its brand promise. Describe at leastthree ways that the company uses to create that brand promise".
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the form of a trade agreement that builds upon the elimination of internal tariff barriers and the establishment of common external barriers is:
Customs union builds upon the elimination of internal tariff barriers, the establishment of common external barriers, and the free flow of factors.
A customs union is an agreement between two or more countries to remove trade barriers and lower or eliminate tariffs. Members of a customs union generally apply a common external tariff on imports from non-member countries. The European Union (EU) is an example of a customs union.
Customs unions are groups of countries that apply one common system of procedures, rules and tariffs for all or almost all their imports, exports and transiting goods.
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Compared to the United States, a developing country is likely to have: A. a higher per capita income B. a lower standard of living C. a lower state of inflation D. a higher gross domestic product
Answer: B
Explanation:
B : A lower standard of living
Developing countries are not fully formed yet, which would lead to worse infrastructure ie, lower state of living. United states is a developed country, which means higher state of living.
the step of the perception process where consumers interpret information based on their own attitudes, beliefs, motives, and experiences is known as
Option C. The step of the perception process where consumers interpret information/data based on their own attitudes, beliefs, motives, and experiences is known as: selective comprehension.
Perception is the organization, identification, and interpretation of sensory information/data to represent and understand presented information or environments.
All perceptions involve signals that pass through the nervous system. Signals are brought to the sensory system by physical or chemical stimuli. When looking, light hits the retina of the eye. Odor is mediated by odor molecules. Hearing includes pressure waves.
Perception is shaped not only by the passive reception of these signals, but also by the recipient's learning, memory, expectations and attention.
Sensory input is the process of transforming this low-level information into high-level information (eg shape extraction for object recognition).
The following processes connect a person's concepts and expectations (or knowledge) to recovery and selection mechanisms (such as attention) that influence cognition.
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Complete question:
The step of the perception process where consumers interpret information based on their own attitudes, beliefs, motives, and experiences is known as:
A. selective attention.
B. selective exposure.
C. selective comprehension.
D. selective retention.
E. selective conditioning.
if consumption is $7 trillion, wages $10 trillion, interest $1 trillion, rental income $1.5 trillion and profits $2 trillion, what is the value of the economy using the income approach?
$7 trillion, wages $10 trillion, interest $1 trillion, rental income $1.5 trillion and profits $2 trillion the value of the economy$2 trillion.
The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. In addition to providing context and content, these factors establish the rules and conditions under which an economy runs.The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources.
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What role does the mission statement play in the planning process? O Sets company direction O Guides day to day activities O Sets purpose of business O Links strategy and operations
The correct option is C. The role the mission statement plays in the planning process is to set the purpose of the business.
Business corporation economics is a place in carried out economics that makes use of monetary concepts and quantitative techniques to investigate commercial enterprise agencies and the factors contributing to the range of organizational structures and the relationships of organizations with labor, capital, and product markets.
Company economics is an area of done economics that studies the monetary, organizational, market-associated, and environmental issues confronted by agencies. industrial organization economics encompasses topics inclusive of the concept of shortage, product elements, distribution, and intake. company is also the efforts and activities of someone who's generating items or presenting offerings with the reason to promote them for profits. commercial agency Definition. industrial corporation refers to an enterprising entity or company that contains professional sports. They may be commercial enterprises, industrial, or others.
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in 2016, a report demonstrated that wells fargo had opened more than 2 million accounts for customers without their permission to meet company sales quotas. the company was ordered to pay back those customers and pay the government a $185 million fine. this situation shows that .
The Wells Fargo scandal that emerged in 2016 was a clear example of unethical behavior and corporate misconduct. The scandal involved the opening of millions of unauthorized bank and credit card accounts by Wells Fargo employees to meet sales targets and quotas.
The customers affected were not aware that these accounts had been opened in their names, and in many cases, they were charged fees and penalties for these unauthorized accounts.
The scandal shows that unethical behavior can have severe consequences for companies and their stakeholders. In this case, Wells Fargo faced a significant financial penalty of $185 million, as well as reputational damage and loss of public trust. The scandal also resulted in the resignation of several top executives at the company.
The situation also highlights the importance of ethical leadership and corporate culture. It was reported that the sales targets and quotas at Wells Fargo were so high that employees felt pressured to engage in fraudulent behavior to meet them. This suggests a culture that prioritized short-term gains over ethical behavior and customer interests. The lack of accountability and oversight in the company also enabled the unethical behavior to continue unchecked for a long period.
The Wells Fargo scandal illustrates the importance of putting customers and ethical behavior at the center of business operations. Companies need to prioritize creating a corporate culture that values honesty, transparency, and accountability. This requires effective leadership, strong governance, and a commitment to ethical values and principles.
Furthermore, the scandal demonstrates that companies must take responsibility for their actions and be held accountable for any misconduct. Regulators and stakeholders need to work together to ensure that companies operate ethically and are held responsible for any wrongdoing. This is crucial for maintaining public trust and promoting a healthy business environment.
In conclusion, the Wells Fargo scandal is a stark reminder of the consequences of unethical behavior and corporate misconduct. It highlights the importance of ethical leadership, strong corporate culture, and accountability in ensuring that companies operate in the best interests of their customers and stakeholders.
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Real GDP, unemployment, and ____ are the main statistics used by economists to assess the health of the economy.
Real GDP, unemployment, and inflation are the main statistics used by economists to assess the health of the economy.
What are the three measures of a healthy economy?
Once upon a time, the inflation rate, unemployment rate, and growth rate of the gross domestic product were the three main indicators of economic health that could be used to determine the state of the economy.
Why does inflation occur?
The rate of price growth over an extended period of time is known as inflation. The cost of living in a nation has increased, or prices have generally increased.
These are examples of broad measures of inflation. As household incomes improve as a result of more jobs and higher earnings and an increase in consumer spending, the potential for price increases by businesses to raise the cost of their goods and services increases.
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breakers bay inc. has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a constant level. assume that both the cost per unit and the selling price per unit also remained constant. all else held constant, how will this accomplishment be reflected in the firm's financial ratios?
Breakers Sound Inc. has expanded its deals which demonstrates that the stock (stock) of it is moving fast and doesn't stay in that frame of mind for a more drawn-out period. Accordingly, Breakers Bay Inc. Increase in the inventory turnover rate. option (A) is correct.
The inventory turnover ratio demonstrates the rate at which the inventories are changed over into deals and afterward eventually into cash. This proportion demonstrates the stock approach of the worry.
A high stock turnover proportion is great according to the liquidity perspective yet a low proportion shows that the stock doesn't move quickly and stays in that frame of mind for a more drawn-out period.
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This question is not complete, Here I am attaching the complete question:
Breakers bay inc. has succeeded in increasing the amount of goods it sells while holding the amount of inventory on hand at a constant level. assume that both the cost per unit and the selling price per unit also remained constant. all else held constant, how will this accomplishment be reflected in the firm's financial ratios?
(A) Increase in the inventory turnover rate
(B) Decrease in the net working capital turnover rate
(C) Increase in the fixed asset turnover rate
(D) Decrease in the days sales inventory
(E) Decrease in the total asset turnover rate
a situation in which early exercise of an american put can be justified is a) bankruptcy b) merger c) if x exceeds s0 by greater than any transaction costs. d) both a and b
An instance when early exercise of an American put is appropriate is. bankruptcy
If a person or business is unable to pay their debts or other obligations, they may file for bankruptcy. It gives a fresh start for people who are trying to make ends meet. To begin the bankruptcy process, a petition is filed, either on behalf of the debtor, which happens more frequently, or on behalf of bondholders, which happens less frequently. Individuals or other businesses that are unable to repay their creditors may seek partial or whole relief from their debts through the legal procedure of bankruptcy. Typically, bankruptcy is imposed by a court order that the debtor regularly requests. Because an insolvent person may have multiple legal statuses, the word "bankruptcy" is not a synonym for insolvency.
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suppose you were developing a new executive information system (eis) intended to provide key strategic information from existing corporate databases to senior executives to help in their decision-making. these executives are not experienced computer users, and have no clear idea of the new system. what methodology would you use? why?
The agile methodology would guarantee that the senior executives' goals and expectations are satisfied, provide a flexible approach to accept changes, and ensure that the EIS is built in a fashion that satisfies their needs.
The ability to involve senior executives in the development process is the main reason I would choose the Agile technique for this project. By doing so, it would be made sure that their wants and goals are addressed and that the EIS provides the crucial strategic data they require. Furthermore, the Agile methodology's iterative structure would enable me to incorporate executive feedback into the development process, ensuring that the EIS is created in a fashion that fulfills their expectations. Additionally, the flexibility of the Agile methodology's approach to development enables me to adapt as the project's requirements evolve. This would be especially helpful if the executives lacked a clear understanding of what they wanted from the new system.
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hat percentage complete is used for the equivalent unit calculation as it relates to transferred-in units?
a. 0%
b. 100%
c. The same percentage as used for direct material costs in ending inventory.
d. The same percentage as used for conversion costs in ending inventory.
The hat percentage complete is used for the equivalent unit calculation is 100%.
What is the equivalent unit calculation?The equivalent unit calculation is used in process costing to determine the number of fully completed units that could have been produced from the costs incurred during a given period. When calculating the equivalent units, the percentage of completion for each type of cost (direct materials, conversion costs, and transferred-in costs) is multiplied by the number of units in the production process.
For transferred-in units, the percentage complete is assumed to be 100% because the units are considered fully completed when they enter the production process. This means that all of the costs associated with the transferred-in units are considered to be fully complete, and there is no need to factor in any percentage of completion.
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what are the three typologies in which henry mintzberg clustered managerial roles?multiple choice question.informational, inspirational, and controllinginformational, interpersonal, and decisionalinstitutional, informational, and personalfragmented, abbreviated, and varied
The correct answer is B. Henry Mintzberg, a prominent management theorist, identified ten managerial roles that he grouped into three typologies: informational, interpersonal, and decisional.
The informational roles include monitoring, disseminating, and spokesperson. Managers in these roles gather and analyze information from both internal and external sources, then communicate that information to others in the organization. The interpersonal roles include figurehead, leader, and liaison. Managers in these roles represent the organization, motivate and direct subordinates, and build relationships with external stakeholders. The decisional roles include entrepreneur, disturbance handler, resource allocator, and negotiator. Managers in these roles make strategic decisions, handle crises, allocate resources, and negotiate with other parties. Mintzberg's typologies provide a useful framework for understanding the complex and varied work that managers do on a daily basis. By identifying these different roles, managers can better understand the demands of their jobs and develop strategies to be more effective in their roles.
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billionaire jonathon apple convinced the goudeville town council that they should condemn the old mcdonald dairy so he can build an electronics plant on the land, arguing that the benefits to the community in the form of new jobs and extra tax revenues to be generated by the plant will far outweigh the detriment to the mcdonald family from shuttering their business. jonathon's argument is an example of
Jonathan's argument is an example of economic utilitarianism.
Economic utilitarianism is a philosophical perspective that measures the value of an economic choice based on how well it would benefit society as a whole. In this instance, Jonathan is claiming that the construction of the electronics facility would help the town overall by creating new employment and raising tax revenues, which justifies the condemnation of the old McDonald dairy and the harm to the McDonald family. The greatest good for the largest number of people is given top priority in this strategy. A family of moral and political theories known as utilitarianism holds that the primary ethical value or good that should be maximised is universal utility or societal welfare. In the later half of the 18th century, hedonistic utilitarianism was supported by normative economics.
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Product-oriented vision statements provide managers with A. goals for employee development. B. goals to improve service. C. strategic flexibility.
Product-focused vision statements give managers Service objectives
Product-focused management is a management strategy that aims to assess the products or services offered by a team or organisation and develops strategies for improving them. Typically, a specific product team is in responsible of developing a product and guaranteeing its long-term commercial success. Product-Focused refers to a strategy where a company assigns ownership of a product to internal team members. The market's long-term viability of the product has an impact on how the team is rated. This strategy states that the product team will put in endless effort to create and enhance the product in response to the changing market.
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