Answers
In the late 1980s, the top international banks were predominantly Japanese because the Japanese economy was responsible for a lot of electronic device production.
As the world became even more digitized, Japanese firms did not adapt fast enough and so their banks lost their predominance.
The late 2000s saw American banks being predominant thanks to the real estate boom which ended with the Great Recession of 2008/9.
The late 2010s saw Chinese banks in the ascendancy thanks to China's massive production capacity. This came to a halt in 2019 with the pandemic.
Which nations dominated banking over the years?The Japanese dominated the banking industry in the late 1980s because Japan was responsible for much of the world's gadget production.
The Japanese lost their dominance however, when they did not embrace digitization fast enough which led to a fall in the fortunes of Japanese companies like Kodak.
American banks took advantage of the housing boom of the 2000s to become the most dominant but they lost some dominance after the horrible 2008 Great Recession.
The Chinese then took over in the 2010s thanks to their massive manufacturing capacity and worldwide influence.
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Related Questions
How and Why Can Complexity Theory be Applied by Managers to Implement Strategic Change?
Answers
Answer: C
Explanation:
604 | Business Statistics 10. If 2A + B = 12 -3 [13 22] and 3A - 4B 7 [2, 10]. 21 11 604 | Business Statistics 10. If 2A + B = 12 -3 [ 13 22 ] and 3A - 4B 7 [ 2 , 10 ] . 21 11
Answers
2A + B = 12 -3 [1,
3 22] ,3A-4B
5A+z5B
That something unique that your business should have that which other businesses do not have
Answers
Answer:
Explanation:
A unique selling proposition (USP) is a well-thought-out statement that helps a company distinguish itself from other businesses in its category. In most instances, companies will focus on a single feature or benefit that solves a problem, satisfies a need, or takes away their customers' pain as their USP
Clarifying Culture: Did Johnson clarify his values and the company’s values in his apology and with his subsequent actions? Did Johnson’s apology and follow-up actions uphold Starbucks’ mission and core values? Did he identify gaps between stated and actual values? Did Johnson’s apology help Starbucks employees figure out if their personal values align with the company’s?
Answers
Johnson did clarify his values and the company’s values in his apology and with his follow up or other actions.
What is the case about?Johnson was said to have clarified them of his values and the company's values as he tendered his apology.
Mr. Johnson's apology and follow-up actions was said to be held in high regards in the area of Starbucks mission and core values and Johnson apology is one that has helped Starbucks employees to be able to know when their personal values is in line with the company's.
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what are factors may affect in Planning process
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The factors that may affect in the planning process include economic conditions, availability of quality information, etc.
What is planning?It should be noted that planning simply means the steps that are put in place to achieve a particular goal.
In this case, the factors that may affect in the planning process include economic conditions, availability of quality information, etc.
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Two capitals invested in shares of the stock market add up to $180,000, which
have been placed at 13% and 16% annual simple interest for 3 years and 6 years
respectively. If between the two a total interest of $98,250 was obtained, determine:
What was the amount of capital invested?
Answers
The amount invested in the account that earns 13% simple interest is $130,789.47.
The amount invested in the account that earns 16% simple interest is $49,210.53.
What are the linear equations that represent the question?a + b = 180,000 equation 1
0.39a + 0.96b = $98,250 equation 2
Where:
a = amount invested in the account that earns 13% simple interestb = amount invested in the account that earns 16% simple interestHow much was invested in each account?Multiply equation 1 by 0.39
0.39a + 0.39b = 70,200 equation 3
Subtract equation 3 from equation 2
$28,050 = 0.57b
b = $49,210.53
Subtract $49,210.53 from 180,000 : 180,000 - $49,210.53 = $130,789.47
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A nondiscriminating monopolist:
1 will never produce in the output range where marginal revenue is positive.
2 will never produce in the output range where demand is inelastic.
3 will never produce in the output range where demand is elastic.
4 may produce where demand is either elastic or inelastic, depending on the level of production costs
Answers
Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.
It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.In order to understand this situation, it is important to address the meaning of inelastic demand. The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.This does not lead to profits for a monopolist. It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic. Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.
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Naomi weighed 50 patients for a medical study using a scale that measures to the nearest whole pound. She then calculated the mean weight as 176 pounds, with a standard deviation of 12 pounds.
If the distribution is normal, what percent of the data lies between 140 pounds and 212 pounds?
Answers
99.7 percentage of the data lies between 140 and 212 pounds when the distribution of the standard deviation is normal.
What is standard deviation?Any given quantity, which is used to express that how many observations differ from others in the total observations of a data, is referred to as standard deviation. It is represented by σ.
To calculate the percentage of data lying between the given values, we will use the formula of empirical method and the given information to compute as under,
[tex]\rm P(mu-3\ x\ \sigma < X < \mu + 3\ x\ \sigma)[/tex]
Solving further,
[tex]\rm P(176-3\ x\ \12 < X < \176+ 3\ x\ 12) = 0.997[/tex]
Hence, the significance upon the standard deviation of data weighted by Naomi is as aforementioned.
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6. Respond to the following prompts about the goals and effects of government spending on the
economy. (20 points)
Answers
Any type of government-funded program, such as health care, social assistance, unemployment benefits, payments to banks, and national military, can have an impact on government spending.
What is government?
The term "Government" is legal authority or system which is controlled by office, public sector, country and state.
The government's main objectives are to increase the macroeconomic supply side, which includes spending on things like education, health care, and training to increase labor productivity as well as providing subsidies to help people financially.
Government spending has a negative impact on the economy because it drives inflation by raising living expenses through subsidies. Demand is artificially raised by government subsidies.
As a result, factors including health, social services, unemployment benefits, etc. may have an impact on government spending.
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When the demand for skilled labor increases, _____________________.
the demand curve would shift to the right
the demand curve would shift to the left
the supply curve would shift to the right
the supply curve would shift to the left
Answers
The correct option is A). the demand curve would shift to the right.
What happens when the demand for skilled labor increases?When the demand for skilled labor get increases, the demand curve would shift to the right.
As the demand for the goods and services increases, the demand for the skilled labor will also increase, which will cause the demand curve shift to the right.
If the demand for the goods and services decreases, the demand for labor will decrease too, and demand curve will shift to the left.
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Following is partial information for Delamunte Industries for the month of August: Work In Process Balance, August 1 $ 41,000 Direct materials used 75,000 Direct labor 120,000 Manufacturing overhead applied (based on direct labor cost) 90,000 Jobs finished during August are summarized here: Job # Cost of Jobs Completed 234 $ 58,000 237 65,000 231 74,500 246 67,500 Required: At the end of August, only one job, Job 248, was still in process. The direct labor cost incurred on Job 248 as of August 31 was $24,000. 1. Calculate the predetermined overhead rate that was used to apply manufacturing overhead to jobs during August. 2. Determine the balance in Work in Process at the end of August. 3. Determine how much of the direct materials cost and applied overhead would be recorded for Job 248 as of August 31
Answers
1. The calculation of the predetermined overhead rate applied to jobs during August is 75% of direct labor costs ($90,000/$120,000).
2. The balance in the Work in Process account at the end of August is $61,000.
3. The amounts of direct material cost and applied overhead recorded for Job 248 as of August 31 are $19,000 and $18,000, respectively.
Data and Calculations:Work In Process Balance, August 1 $ 41,000
Direct materials used 75,000
Direct labor 120,000
Manufacturing overhead applied (based on direct labor cost) 90,000
Total costs incurred = $326,000
Finished Jobs during August:Job # Cost of Jobs Completed
234 $ 58,000
237 65,000
231 74,500
246 67,500
Total costs of finished jobs = $265,000
Work in process balance = $61,000 ($326,000 - $265,000)
Job in Process: Job 248:Direct labor cost incurred = $24,000
Applied overhead = $18,000 ($24,000 x 0.75)
Direct materials = $19,000 ($61,000 - $24,000 - $18,000)
Thus, the work-in-process balance represents Job 248 (Direct labor $24,000, Direct materials $19,000, and Applied Overhead $18,000).
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(−2,6) and (−12,2)? Write your answer in simplest form.
Answers
The addition of the decimal number that's given will be -14.8
How to calculate the decimals?It should be noted that decimal numbers are the numbers that have a whole number and the fractional part is separated by a decimal.
In this case, the addition will be:
= -2.6 + (-12.2)
= -2.6 - 12.2
= -14.8
In conclusion, the correct option is -14.8.
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Besides chlorine, what are the chemical sanitizers approved for operations?
Answers
Explanation:
Chemicals that are approved sanitizers are chlorine, iodine, and quaternary ammonium.
Abbott Company purchased $6,500 of merchandise inventory on account. Abbott uses the perpetual inventory method. How does this transaction affect the financial statements? Multiple Choice Decrease accounts payable and decrease purchases Increase inventory and increase accounts payable Increase cost of goods sold and increase accounts payable Decrease accounts payable and decrease inventory
Answers
The correct option is B which means through this transaction there is an increase in the stock or inventory and an increase in accounts payable also.
What is a Perpetual Inventory Method?Perpetual Inventory Method is a method of inventory valuation that records the transaction at the time when it occurs. A perpetual inventory system will record changes in inventory at the time the transaction occurs.
Thus, the value of inventory is increased by $6,500 along with that accounts payable are increased by such $6,500.
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Which of the following statements is the most plausible explanation of the difference in observed net operating profit margins?
Widget Co. and Tools Inc. both operate in the same industry. They are capital-intensive companies producing widgets. Below are selected data:
Widget Co. Tools Inc.
Net operating assets/common equity 1.37 1.53
Net operating profit margin 19% 21%
Income tax rate 47% 28%
Revenues/net operating assets 0.81 0.61
EDIT/revenues 38% 32%
Widget Co's lower financial leverage
Widget Co uses LIFO and Tools uses FIFO
Widget Co's lower tax rate
Widget Co's net operating asset turnover
Answers
Dolemeifmyyalaphysnaojskw
According to the Conceptual Framework, which qualitative
characteristics enhance the usefulness of information that is relevant and faithfully
represented?
A. Comparability, Understandability, Timeliness, Verifiability
B. Consistency, Prudence, Measurability, Verifiability
C. Consistency, Reliability, Measurability, Timeliness
D. Materiality, Understandability, Measurability, Reliabilit
Answers
The conceptual framework which enhances the usefulness of information is represented as Comparability, Understandability, Timeliness, Verifiability. Thus the correct answer is A.
How to determine the usefulness of information?Useful of information is determine by the factor that how effectively facts are utilised in purposeful manner. This piece of information should helps the reader in better decision making.
This information will be based on qualitative characteristics like understandability to the reader, comparability, timeliness and verifiability of the content to be used.
Therefore, option A Comparability, Understandability, Timeliness, Verifiability is the appropriate answer.
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Which of the following statements is correct?
1 The demand curve for a purely competitive firm is perfectly elastic, but the demand curve for a purely competitive industry is downsloping.
2 The demand curve for a purely competitive firm is downsloping, but the demand curve for a purely competitive industry is perfectly elastic.
3 The demand curves are downsloping for both a purely competitive firm and a purely competitive industry.
4 The demand curves are perfectly elastic for both a purely competitive firm and a purely competitive industry.
Answers
The correct Statement is The demand curve for a purely competitive firm is perfectly elastic, but the demand curve for a purely competitive industry is downsloping. Thus option 1st is correct.
What is Demand Curve?Demand curve refers to the Graphical presentation of the relationship of the price and the quantity of a particular firm.
Those firms that engages in pure competition, the demand curve is entirely elastic due to the the marginal revenue curve aligns with the firm's equilibrium price since each firm acts as a price taker.
The demand curve for a purely competitive industry is downsloping because as the level of the price increases for the product the demand of the product decreases which implies decreased production.
Thus option 1st is correct.
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Effective managers understand the importance of clear communication using different channels to advance the _________ strategy.
Answers
Effective managers understand the importance of clear communication and hence use different channels to advance the organizational communication strategy
What is a communication strategy?
Communication strategy refers to the plans for speaking statistics associated with a selected issue, event, situation, or audience. They function as the blueprints for speaking with the public, stakeholders, or maybe colleagues.
Therefore, Effective managers understand the importance of clear communication and hence use different channels to advance the organizational communication strategy
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Rental agreements are typically paid while leases are typically for Select
a month to month,4 months to 10 years
b week to week, 2 months to 3 years
c month to month,6 months to a year
d week to week,6 months to a year
Answers
Most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.
What is a Rental agreements & leases?Rental agreements refers to agreement made on a rent between a tenant and landlord of a property while the leases agreements is between the lessee and lessor.
Thus, in most time, the Rental agreements are typically paid month to month while the leases are typically for 6 months to a year.
Therefore, the Option C is correct.
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The first and last steps in the seven-step decision-making model are in the list below. Identify both.
Know yourself.
Identify the decision to be made.
Develop a plan of action.
Select the best option.
Question #20 TrueFalse
58
Answers
Answer:
True
Explanation:
Firstly, whenever you're tackling any problem, you need to know your strengths and weakness. understanding your ability can help you to save not only time but also other associated resources involved in the decision made.
Answer:
B and D
Explanation:
Where would you navigate within QuickBooks Online to show product/service column on sales forms?
Answers
Everything you might sell to a consumer is listed in Quickbooks Online's Products and Services category.
What are the steps to navigate sales forms?1. Go to the Settings cog;
2. Next- Account, and Settings
3. Next- Select Sales
4. Next- Products and Services
5. Next- Ensure the Show Product/Service column on sales forms is On.
Additionally, You may choose which fields are included in QuickBooks when you build a customer sales form by using the sales form content choices.
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What is an example of a work in the public domain?
Answers
U.S. Federal legislative enactments and other official papers are typically considered works in the public domain for purposes of copyright protection.
What do you mean by public domain?
Creative works that are not covered by intellectual property rules like copyright, trademark, or patent laws are referred to as being in the "public domain."
The works of William Shakespeare, Ludwig van Beethoven, Leonardo da Vinci, and Georges Méliès are examples of works that are in the public domain because they were either created before copyright existed or because the copyright period has passed.
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Company Q incurred manufacturing costs for the year as follows:
Direct materials Sh 10/unit
Direct labour sh 7/unit
Manufacturing overheads:
Variable sh 3/unit
Fixed Sh 7,500
Variable selling and administrative expenses sh 2,000
Fixed selling and administrative expenses sh 4,000
The company produced 1,500 units (the normal level of production) and sold 1,000 units at Sh 45 per unit. Assume that the production manager is paid a 15 per cent bonus based on the company’s net income.
Required:
(a) Prepare an income statement under absorption costing.
Answers
The Net income of the Income statement under the absorption costing equals Sh 14,000.
What is Direct materials?= 1,000 x 10
= Sh 10,000
What is Direct labor?= 1,000 x 7
= Sh 7,000
What is Variable manufacturing overhead?= 1,000 x 3
= Sh 3,000
What is Fixed manufacturing overhead= 1,000 x (7,500 / 1,500)
= Sh 5,000
Company Q
Income Statement
Revenue (1,000 x 45) 45,000
Cost of goods sold:
Direct materials 10,000
Direct labor 7,000
Variable Manufacturing overhead 3,000
Fixed manufacturing overhead 5,000 (25,000)
Gross Margin 20,000
Variable Selling and admin expenses 2,000
Fixed Selling and admin expenses 4,000
Total Selling and admin expenses (6,000)
Net Income 14,000
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A career is something that you train for and intend to do _______________.
Answers
Answer:
I believe the answer would be you intended to do happily and what you want to do with your life.
Explanation:
Eileen is setting up a company in QuickBooks Online and needs to fill in opening balances for vendors. What is the best way to record opening vendor balances and why?
Answers
The best ways is to fill in the opening balance in the vendor details dialogue box. This method is quick, and one may finish it when one create the vendor.
The Vendor Balance Summary report summarizes the company's obligations and overpayments to certain vendors. The overarching goal of this report is to identify accounting irregularities. View the Vendor Balance Detailed report for further information on the vendor's balance.
The following information is included in the report:
Vendor: Either the vendor indicated in the preceding filtering choices or all suppliers accessible to the firm.Balance: The amount owed to a certain vendor or the credit/overpayment amount (marked with brackets).Totals: The total amount owed or payed to the suppliers listed.To learn more about opening balance of vendors click on :
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Jerry bought a house for $500,000 and made a $100,000 down payment. He obtained a 30-year loan for the remaining amount. Payments were made monthly. The nominal annual interest rate was 9%. After 10 years (120 payments) he decided to pay the remaining balance on the loan. (a) What was his monthly loan payment? (b) What must he have paid (in addition to his regular 120th monthly payment) to pay the remaining balance of his loan?
Answers
The monthly loan payment of the home loan will be 3443.67. which is to be repaid on the balance payment
What is a loan?A loan is the lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities. The recipient incurs a debt and is often responsible for both the principal amount borrowed as well as interest payments until the debt is repaid.
Calculations are as follows:
Interest per day is 25000 x 365, or 68.49.
2054.79 per month in interest (68.49 times 30)
360 times 500000 equals 1388.88 in principal.
2054.79 + 1388.88 = 3443.67 using simple math, the total monthly payment for principal and interest.
3443.67 x 360 =1,239,724.40. That amounts to 5%. Don't forget about taxes, insurance, and other obligations.
Thus, the correct values of repayment of loans are 3443.67.
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It is possible to eliminate certain risk by investing in different companies. What type of risk is this?
Answers
The given statement can be marked as true. Unsystematic risk can be eliminated by investing in different companies.
What is meant by Unsystematic risk?Unsystematic risk refers to risks that represents the portion of investment risk that can be practically reduced or eliminated through the way of diversification.
Diversification is the risk management strategy that consists a wide variety of investments. It ensures that if some assets perform poorly, other areas of the portfolio associated with different sectors can cover the loss.
Unsystematic risks can be reduced by diversifying one's investments.
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Meeting planners might find themselves doing all of the following except:
1.arranging for technical and audiovisual needs
2.establishing agenda, objectives, and budget
3.establishing policies and programs for business travel
4.working with vendors to secure locations
Answers
Answer:
No one should be seated closer to the screen that two times the height of the screen nor further back that eight times the height of the screen.A meeting agenda is an ordered list of topics you plan to cover during your meeting. It prioritizes the most important items you need to discuss with your team, and it can serve as a guide for how the meeting will progress.Have all the necessary documents on your person— ID cards, passport and visa (if needed), and travel tickets, before leaving for the scheduled departure. Business documents are also importantAs a vendor's security rating improves, so does their security posture. Security ratings products provide real-time, non-intrusive measurement of any vendor's security performance and can instantly provide an aggregate view of vendor performance and key risks shared across your third and fourth-parties.Give a specific example of how information on a social networking site can communicate negative information to a potential employer.
help me within 5 min
Answers
When any individual post any content on social media, it shows their support or disagreement for the same. There are stuff like political opinion and religious discrimination which can create negative information to the employer.
What is communication?Communication is refers as exchange of information between two individuals with a medium to share ideas, suggestions, and complaints.
When any individual post any content on social media, they are responsible for the results of it. Supporting political parties and religious themes will create negative information to the employer that the individual supports discrimination.
Apart from this, the social media presence also testify that an individual post everything on social media, which can creates issues for the privacy and security of the organisation.
The social media presence of any individual will lead to create impression about him, which can create both positive and negative image.
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ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
TAMI: Sure, Alberto, what’s up?
ALBERTO: Last week my sous-chef, Ricky, bought tomatoes that just weren’t ripe. It made me really angry. We’ll never keep our Michelin star unless we maintain the quality of our produce!
TAMI: Wow, Alberto, that sounds like a real problem. So you’re saying that Ricky bought tomatoes you couldn’t serve?
ALBERTO: Yes! And it’s not the first time...
TAMI: I’ll do something about this right away.
What component of reflective listening is missing from this conversation?
Affirming contact
Clarifying the implicit
Paraphrasing the expressed
Answers
The component of reflective listening that is missing from this conversation is Paraphrasing the expressed.
Reflective listening ComponentsStatements like "I see," and "Okay," are crucial at the beginning of a conversation and in circumstances when there may be worry or discomfort in an Affirming Contact. Clarify any implicit portions of the message, which include ideas and sentiments that are not fully or clearly articulated together with their openly declared message.Paraphrasing the expressed explains to the speaker what was heard, as well as what the listener's feelings and ideas were. utilize a follow-up query occasionally.Hence, Paraphrasing the expressed is the aspect of reflective listening that is absent from this dialogue.
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