Answer:
"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.
"Inflation" implies that pressure for price increases reaches across "most" markets, not just one.
What is the market?
Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, selling, or providing services. They use it in order to make money.
The term "inflation" describes an economy's overall rise in the market value of both goods as well as services. Money units may purchase fewer merchandise and services as the market's overall level of prices rises, hence inflation is associated with a decline in the value of money's purchase power.
The rate at which prices increase over a particular period of timeframe is known as inflation. Inflation is often measured in broad terms, including the general increases in inflation and the rise in a nation's living expenses.
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Business is a social process . Discuss
Answer:
Business is a social process. a single person cannot run a business, there are many single owner but they also need other person's help or market help for their business survival. ex help of the resources,if the business is product based or help of customer If it is service based. all this things work together. the whole economy works together. so it is a social process .
Answer:
Technology aligned solutions integrating the functions and processes of hardware , software , telecommunications and networks . From basic internet connectivity to software development , w provide all kind of technological services based on the type of industry.
Explanation:
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Outline TWO benefits of using the FIFO system for Mcdonald’s
There are several benefits for McDonald's by using FIFO methods. Here we will discuss some of them: better food hygiene, which gives more customers satisfaction; easier to reduce products near their end-date—resulting in more sales and less waste;
What is FIFO?
FIFO is a measuring tool for inventory valuation or management. In this, we have sold the goods which come first. This is called a FIFO, which is known as First In First Out.
Thus, McDonald's using the FIFO method gets such benefits as better food hygiene, which gives more customer satisfaction; easier to reduce products near their end-date – therefore more sales and less waste.
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URGENT! HELP NOW PLEASE! If it was possible for one company to gain ownership control all of the uranium processing plants in the US, then O they will strive to reach efficiencies only they know how to make. Othat firm could set up barriers to entry to discourage competition. Ogovernment will deregulate to ensure the company's monopoly O the factors of market demand and supply will set the price.
If it was possible for one company to gain ownership control of all the uranium processing plants in the US, then that firm could set up barriers to entry to discourage competition.
What are barriers to entry?When there are difficulties in entry in the market for the sellers in a particular industry due to the dominant position of a firm, and other added factors, then such factors are known as the barriers to entry.
Hence, option B holds true regarding barriers to entry.
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A company's value-creating activities can offer a competitive advantage in one of these ways. a. contribute to greater efficiency and lower costs and provide a basis for differentiation. b. contribute expense savings and enhance product exclusivity. c. reduce cost disadvantages and market price anomalies. d. contribute customer experience value and conserve operating functionality. e. contribute to competitive assets and discontinue distinctive competencies.
A company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.
What is differentiation?This is a process whereby organizations ensure that their product are recognized in the market space. The aim is to distinguish a company's product from competitors.
Hence, a company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.
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When independent stock transfer agents are not employed and the corporation issues its own stock and maintains stock records, canceled stock certificates should Multiple Choice Not be defaced but be segregated from other stock certificates and retained in a canceled certificates file. Be destroyed to prevent fraudulent reissuance. Be defaced to prevent reissuance and attached to their corresponding stubs. Be defaced and sent to the secretary of state.
When independent stock transfer agents are not employed and the corporation issues its stock and maintains stock records, canceled stock certificates should C. Be defaced to prevent reissuance and attached to their corresponding stubs.
What are canceled stock certificates?Canceled stock certificates are those that have been rendered void because of mistakes during their issuance.
To ensure that canceled stock certificates are not fraudulently reissued, they must be defaced and not just segregated from others.
Thus, canceled stock certificates should C. Be defaced to prevent reissuance and attached to their corresponding stubs.
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Mortgage loans made to borrowers with normal credit quality, but who lack the necessary documentation of their financial circumstances typically needed to meet conforming mortgage standards would most likely be considered:
Mortgage loans made to borrowers with normal credit quality, but who lack the necessary documentation of their financial circumstances typically needed to meet conforming mortgage standards would most likely be considered alt-A loans.
A loan mortgage is a secured mortgage that lets in you to avail budget with the aid of using imparting an immovable asset, which includes a residence or industrial property, as collateral to the lender. The lender maintains the asset till you pay off the mortgage.Alt-A is a category of mortgages with a chance profile falling among top and subprime. They may be taken into consideration excessive chance because of provision elements custom designed with the aid of using the lender. This kind of mortgage has a tendency to be extra pricey for the borrower, as they'll deliver better hobby charges and/or fees.
Thus the answer will be Alt- A loans.
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suppose the equilibrium price of oranges is $2.00 per pound. if the actual price is above the equilibrium price a:
If the actual price is above the equilibrium price, a surplus exists and the price falls to restore equilibrium.
What is law of supply and demand?The law of supply states that when the price of a product changes in a particular direction, the quantity supplied by the producer also changes in a similar direction.
Note that the market price is more than the equilibrium price, the quantity demanded will be lower than the quantity supplied leading to a surplus and price falling to restore equilibrium.
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Time-and-motion study involves Multiple Choice how physical characteristics lead to fatigue and thus poor performance. timing and recording the actions taken to perform a particular task. classifying workers into distinct categories based on the average time taken to accomplish a particular task. recording the number of motions workers make to complete a task. rewarding workers when they perform at a high level of efficiency.
Generally, the Time-and-motion study entails the timing and recording of actions taken to perform a particular task.
What is a time-and-motion study?
It refers to the study of conservation of human resources while searching for the most efficient method of doing a task.
Hence, this kind of study involves a careful timing and recording of the actions taken to perform a particular task.
Therefore, the Option B is correct.
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Ari is a generous employer who truly values his workers. He is constantly praising the work his employees do and finds many ways to show his appreciation. Needless to say, Ari's employees like him a lot. However, they don't trust him. Ari does not like making decisions and, therefore, often fails to take care of important problems. Moreover, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a ____________.
Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.
What is a country club manager's style?A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.
Country club managers are attentive to the:
SecurityWell-beingHarmony of subordinates.Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a country club manager.
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An expansionist strategy in regards to capacity is best characterized by Group of answer choices making small, frequent jumps in capacity expansions. using capacity as a competitive weapon in order to compete on cost. willing to use short-term options (e.g., overtime, subcontracting) to meet the demand that exceeds capacity. reducing the risks of over-optimistic demand forecasts.
An expansionist strategy in regards to capacity is best characterized by A. making small, frequent jumps in capacity expansions.
What is an expansionist strategy?An expansionist strategy is a growth strategy aimed at:
Achieving faster growthEarning higher profitsCompeting more favorablyRapidly growing a brandCapitalizing on economies of scale.An organization can use these growth strategies to expand its operations:
Market penetrationProduct developmentMarket expansionDiversification.Thus, an expansionist strategy in regards to capacity is best characterized by A. making small, frequent jumps in capacity expansions.
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what are the three areas on the dashboard that let you find and perform every feature and function you need in quickbooks online?
The three areas on the dashboard that let you find and perform every feature and function you need in QuickBooks online are:
Navigation bar top Navigation bar Gear menuWhat are the areas on the dashboard on QuickBooks that allows feature and function?The dashboard which is online area where your website data is been displayed and on the QuickBooks , there is a navigation bar that help the movement from one data to another.
The top menu bar also posses its function to help the user to be able to enjoy the dashboard.
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______ for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
Compensation package for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
What is compensation package?Compensation package can come in form of monetary payment given to an individual or employee.
This can be money accrued over a long time.
Therefore, compensation package for an expatriate is the combination of many types of payments or reimbursements and must take into consideration exchange rates and inflation.
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You market many different types of insurance and ordinarily you spend time each evening calling potential clients. To comply with requirements for marketing medicare advantage and part d plans, what must you do about contacting potential clients to market those plans?.
You have to avoid calling potential clients unless they initiate contact with you and specifically request that you give them a call.
What is a health care plan?A health care plan refers to a medical plan for the medical care of a particular patient which covers a part or whole risk of the medical expenses incurred such as Medicare.
In this scenario, we can reasonably infer that as a marketer, you should avoid calling potential clients to market those medical plans, unless they initiate contact with you and specifically request that you give them a call.
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Changing the business task involves defining a new _____.
Changing the business task involves defining a new question or problem to be solved.
What is involved in changing business tasks?The process of changing the business task involves these steps:
Assessment of what needs changingPreparation of the business for changeExecution of the changes.It has been discovered that during the assessment step, customers and competitors should be coopted so that the results of data analysis can be properly verified.
Thus, changing the business task involves defining a new question or problem to be solved.
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In making the best economic choices, consumers compare the benefits of the choice to.
In making the best economic choices, consumers compare the benefits of the choice to its cost.
What is choice?This is the option that the consumer has considered to be the best way of satisfying his needs.
The choice of a person is a direct measurement of the benefit of the good and the cost that they can offer up for that good.
Therefore, in order to make the best economic choice, the benefits of a good must be compared to cost.
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Perceived value and signaling value are often an important part of a successful differentiation strategy because a. of the standardization of buyer needs and preferences. b. buyers seldom will pay for value they don't perceive, no matter how real the value of the differentiating extras may be. c. buyer satisfaction cannot be achieved until a product's value is promoted through clever ads. d. differentiation is all about selling products to sophisticated buyers. e. there are no other ways to differentiate a product.
Perceived value and signaling value are often an important part of a successful differentiation strategy because b. buyers seldom will pay for value they don't perceive, no matter how real the value of the differentiating extras may be.
What is differentiation strategy?
A differentiation strategy can be regarded as an approach to businesses which is used by the company to make them unique so as to be able to withstand their competitors may offer in the marketplace.
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In response to ______ discrimination, congress passed the equal credit opportunity act.
In response to credit discrimination, congress passed the equal credit opportunity act. Read below about Equal Credit opportunity.
What is Equal Credit opportunity?The Equal Credit Opportunity Act (ECOA) is a United States law which was enacted on 28 October 1974.
What is the provision of the Equal Credit Opportunity Act?The act makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age.
Therefore, the correct answer is as given above.
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________, which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of businesses that are linked to one another.
coordination costs which are incurred when pursuing a related-diversification strategy, are a function of the number, size, and types of businesses that are linked to one another.
What are coordination costs?This is the term that has to do with the type of costs that people come about through the fact that they collaborate.
Firms are made to work together so that they would be able to carry out an activity.
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Garry called in a food order to feed his sales team. when he arrived to pick up, it was not what he ordered. the store associate quickly made it right, and offered a substantial discount to make up for the mistake. there was no need to check with the supervisor, and garry was satisfied with the result. what aspect of good customer service was in place
The aspect of good customer service that was in place is employee empowerment.
How does employee empowerment help customer service?When employees are sufficiently empowered to make decisions on their own, they can act faster to remedy issues arising with customers.
This is what happened with the store associate. Because they had to power to deal with Garry's issue fast, there was no need to involve management and the issue was dealt with.
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Which repayment plan will you be placed on automatically unless you change it by contacting server.
A "standard repayment plan" is the one that will be put on automatically unless you contact the servicer to change it.
What is the standard repayment plan?Particularly for people paying back student loans, this kind of payback schedule is regarded as being bare.
In most cases, when the payback process starts, clients are automatically put into this plan, unless they consciously modify it.
Thus, A "standard repayment plan"
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The owner of a national software company has been watching current economic information for the past two quarters and a rapid rise in demand for its software suites. Last month 30 new software engineers were hired to meet the demand. Even though these new hires will finish their project work in a few months, the owner plans to retain them in anticipation of future demand. Why is the owner making these type of decisions for the long-run
The owner is making this long-run decision based on his rational expectations of economic growth to meet future demands.
What are long term decisions?They are a strategic process that means designing an economic scenario based on perspectives, vision and organizational goals, with short-run decisions being the actions present to achieve long-run objectives.
Therefore, the owner is making long-run decisions in line with his expectations for the future of the business by looking at the current economic scenario.
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33. when advertisers use extremely attractive models to demonstrate products, they are relying, in part, on the power of ____ to change consumers' attitudes.
When advertisers use extremely attractive models to demonstrate products, they are relying, in part, on the power of b. classical conditioning to change consumers' attitudes.
What is classical conditioning in advertising?Classical conditioning in advertising is the use of positive features that create an atmosphere of enjoyment so that consumers are forced to associate good feelings and having fun with the product.
Classical conditioning creates an unconditioned stimulus (US) and the unconditioned response (UR).
a. observational learning
b. classical conditioning
c. reinforcement
d. punishment
Thus, when advertisers use extremely attractive models to demonstrate products, they are relying, in part, on the power of b. classical conditioning to change consumers' attitudes.
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notes payable due in six months are reported as
A short-term liability is a payment that is due in 12 months or less. Hence notes payable due in six months is reported as a short-term liability.
What is a liability?
In the parlance of Accounting and Finance, a Liability is a financial obligation that the company owes to individuals, or organizations with which it has transactional or legal relationship.
Hence, it is correct to indicate that notes payable due in six months is reported as a short-term liability.
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The size of the money multiplier is: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices not fixed but depends on how much of their assets banks want to hold as reserves. not fixed but depends on interest rates. not fixed but is set by the Federal Reserve. equal to 2.
The money multiplier in the United States is not fixed but is set by the Federal Reserve.
What is the money multiplier?It is a figure that measures the total amount of money that can be derived from a single deposit into the financial system.
It is set by the Fed though indirectly when the Fed sets the required reserve ratio. This is because the money multiplier is calculated as:
= 1 / required reserves
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In the context of the elements of scientific management, time and motion studies focus on: group of answer choices designing different types of activities to overcome the boredom of overspecialized work. increasing the amount of job responsibility through vertical loading. the inclusion of motivation and hygiene factors that affect job satisfaction. the efficient use of labor to the economic benefit of a corporation.
The time and motion studies In the context of the elements of scientific management focus on the efficient use of labor to the economic benefit of a corporation.
What is the aim of time and motion studies?This management studies helps to find a more effective and efficient ways for the workers to do their specific tasks.
Hence, the time and motion studies In the context of the elements of scientific management focus on the efficient use of labor to the economic benefit of a corporation.
Therefore, the Option D is correct.
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A firm operating in a perfectly competitive market is a price taker because:
Firms in perfectly competitive markets are considered price takers because they do not set the price of their goods and services.
What is a price taker?This refers to a supplier who does not set the price at which they sell their own goods and services but rather takes the price set by the market.
Perfectly competitive markets are like this because suppliers have to face a lot of competition.
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a certain value has a standardized score = 1.75. how many standard deviations from the mean does this value fall? is this value greater than or less than the mean?
Based on the fact that the value has a standardized score of 1.75, this means that the value is 1.75 greater than the mean.
What is a standardized score?The standardized score of a value is meant to show the value's position relative to the mean value of the data set.
A value with a standardized score of 1.75 is therefore 1.75 standard deviations above the mean.
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Which of the following is not an advantage of owning mutual funds? A. All of the options are advantages of mutual funds. B. They offer small investors the benefits of diversification. C. They treat income as 'passed through' to the investor for tax purposes. D. They offer a variety of investment styles
(C) They treat income as 'passed through' to the investor for tax purposes.
What are mutual funds?A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities. The phrase is frequently used in the US, Canada, and India, while open-ended investment companies in the UK and SICAVs in Europe are comparable global structures.Mutual fund distributions, whether made in the form of cash payments or reinvested in additional shares, must be taxed if shares are held in a taxable account. Following the end of each calendar year, the funds submit IRS Form 1099-DIV detailing distributions made to shareholders.Who are investors?A person who invests money does so in the hope of earning a profit or gaining an advantage in the future. The majority of the time, the investor purchases some kind of property using these assigned funds.What is tax?Tax compliance refers to policy actions and individual behavior aimed at ensuring that taxpayers are paying the right amount of tax at the right time and securing the correct tax allowances and tax reliefs. A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures (regional, local, or national). Around 3000–2800 BC, the first recorded taxation was enacted in ancient Egypt.Therefore, "(C) They treat income as 'passed through' to the investor for tax purposes" is not the advantage of owning mutual funds.
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what statement best explains why the supply curve is upward sloping?
The statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
What is supply curve?Supply curve can be defined as the amount of goods and service produce and supplied at a particular period of time.
When the supply curve slopes upward this tend to means that as the price rise quantity supplied will as well increases or rise . This occur when higher prices of goods and service tend to offer higher profits.
Therefore the statement that best explains why the supply curve is upward sloping is: as the price increases quantity supplied increases.
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During September at Renfro Corporation, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw materials included both direct and indirect materials. The indirect materials totaled $4,000. The journal entry to record this requisition would include a debit to Manufacturing Overhead of
Based on the amount of raw materials requisitioned, the journal entry to debit the Manufacturing Overhead would be $4,000.
What amount would be debited to manufacturing overhead?The manufacturing overhead is for expenses that are not directly involved in the manufacturing process.
This is why it is the indirect material amount of $4,000 that will be debited to the manufacturing overhead account.
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