The wealth effect, interest-rate effect, and exchange-rate effect are all explanations for the slope of the aggregate-demand curve.
What does the wealth effect describe?The wealth effect is used to explain the phenomenon whereby people tend to spend more money, when they have more assets. Simply put, when people have more spending capacity, they spend more.
This is similar to the interest - rate effect and the exchange - rate effect because they all show why the slope of the aggregate demand curve is downward sloping which is that when prices are lower, people tend to buy more.
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the demand curve illustrates the fact that consumers select one: a. tend to purchase more of a good as its price rises. b. purchase name brand products more frequently than generic products. c. tend to purchase more of a good as its price falls. d. purchase more of a good as their incomes fall. e. purchase more of a good as their incomes rise.
The demand curve illustrates the fact that consumers tend to purchase more of a good as its price falls.
A demand curve is a graphical representation of the relationship between the price and quantity demanded of a good or service over a period of time.
In economics, a demand curve is a graph that shows the relationship between the price of a good and the quantity demanded for that good at that price. A demand curve can be used for the relationship between price and quantity for an individual consumer or for all consumers in a given market.There are two types of demand curves: individual demand curves and market demand curves. A graphical representation of the demand plan is displayed. Can be created by plotting the price and quantity demanded
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the marginal revenue received by a firm in a perfectly competitive market: the marginal revenue received by a firm in a perfectly competitive market: increases with the quantity of output sold.
The marginal revenue received by a firm in a perfectly competitive market is equals to its average revenue and the market price.
In the perfect competition, marginal revenue is equals to its average revenue.
Marginal revenue is revenue which is received by change in total revenue be selling one more unit.
Average revenue is defined as total revenue divided by number of outputs.
In the perfect competition , average revenue is also the price of the output.
Marginal revenue and average revenue curves coincide each other.
Perfect competition is the situation where the product is homogenous and buyers have full knowledge of the product.
The firm is price taker in the perfect competition.
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mackie co. manufactures hunting clothing. the standard variable costs to produce one batch of the big mac vests are as follows: direct material average cost is $6 per yard; average yards per batch is 20; direct labor average rate per hour is $12; average hours per batch is 4; variable overhead average rate per hour is $8; average hours per batch is 4. the standard monthly fixed costs are as follows: manufacturing overhead is $3,200; selling and administrative costs are $1,900. mackie co. produces 100 batches per month. (ten vests are produced in each batch.) what is the manufacturing cost per vest?
The manufacturing cost per vest is $23.20
Direct material average cost = $6 per yard
Average yards per batch = 20
Total direct material cost for 20 yards = 6*20 = $120
Direct material cost for 100 batches = 120*100 = $12000
Direct labour average rate per hour = $12
Average hours per batch = 4 hours
Total direct labour for 4 hours = $12*4 = $48
Direct labour cost for 100 batches = $48*100 = $4800
Variable overhead average rate per hour = $8
So, total variable overhead average rate = $8*4*100 = $3200
Monthly fixed cost = $3200
Selling and administrative cost = $1900
No. of batches produced = 100
Number of vests in each batch = 10
Total vests produced = 1000
Total cost = Direct material cost + Direct labour cost + Variable overhead cost + Fixed cost
= $12000 + $4800 + $3200 + $3200
= $23200
So, cost per vest = $23200/1000 = $23.20
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A research division of a large consumer electronics company has developed a new type of mp3 player. The project will require an immediate cash outflow of $1,665,321. The new project is expected to produce cash flows of $500,000 per year for 4 consecutive years beginning at the end of year one. What is this projects internal rate of return?.
Based on the project's financial flows electronic companies wishes to participate in, the the project's internal rate of return is 7.75%
year. cash flow
0. -16,65,321
1. 5,00,000
2. 5,00,000
3. 5,00,000
4. 5,00,000
IRR = irr(D4:D8)
= 7.75%
What is Internal Rate of Return (IRR)?
IRR is a statistic used in financial analysis to calculate the profitability of possible investments. In a discounted cash flow analysis, IRR acts as a discount rate to bring all cash flows' net present values (NPV) to zero.
The same formula used for NPV calculations is also used for IRR estimates. IRR is not the project's actual financial value, so keep that in mind. The NPV is equal to zero due to the annual return.
Generally speaking, the more desirable an investment is to make, the greater the internal rate of return. IRR can be used to rate a variety of potential investments or projects on a pretty even basis because it is consistent for investments of various types.
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under which act (or acts) may criminal charges against a cpa be filed? securities act of 1933 securities exchange act of 1934
The Securities Act of 1934 includes provisions for criminal charges against persons violating the Act.
What is the Securities Act of 1934?
AN ACT To prevent unfair and unethical actions on such exchanges and marketplaces, to regulate over-the-counter markets that trade securities and operate in international and domestic commerce through the mail, as well as for other objectives.Who is covered by the SEC Act of 1934?
Companies must submit yearly and other periodic reports to the SEC if they have $10 million or more in assets and more than 500 owners of their securities. Through EDGAR, the Commission's online filing platform, it makes this information accessible to all investors.Learn more about The Securities Act of 1934
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if two companies making the same product and with the same total sales and total sales and total expenses, the contribution margan ratio will be
If two companies make the same product with the same total sales and total sales and total expenses, the contribution margin ratio will be greater in the business when a larger percentage of fixed costs make up its cost structure.
The difference between sales revenue and variable costs, or the amount of sales dollars available to cover fixed costs and make a profit, is known as the contribution margin. The contribution margin ratio is a way to measure it as a proportion of sales. By dividing the contribution margin ratio by the dollar increase in sales, it is possible to calculate the dollar increase in net operating income in the event that sales rise. We are aware that net income is the same as contributions minus fixed expenses. The revenue of a company less all variable costs, divided by the revenue, is the contribution margin ratio (CM ratio).
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both kyle and victor believe that they have ownership of deed to a vacation cottage in northern michigan. their deeds both allegedly convey the same piece of realty on twin lake. kyle filed his deed with the county office in september 2008, and victor filed his in january 2009. in this situation, who has ownership of the vacation cottage?
Kyle filed his deed with the county office in September 2008, and victor filed his in January 2009. In this situation kyle has ownership of the vacation cottage.
In common law, a deed is any written document that is signed, witnessed, delivered, and, in some jurisdictions, sealed and that passes, affirms, or confirms an interest, right, or property. It is frequently connected to transferring (conveying) property titles. A document signed by a party to the deed has a lower rebuttable presumption of validity than the deed. A deed may be unilateral or bilateral in nature. Conveyances, commissions, licences, patents, degrees, and conditionally-executed powers of attorney are all considered deeds. Delivery is said to symbolically replace the traditional ritual of livery of seisin because the deed is the contemporary descendent of the mediaeval charter.
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spartan corp. purchases inventory, land, building, and equipment for $540,000 from klein corp. the values of the assets are as follows: asset klein corp's book value fair value inventory $ 80,000 $100,000 land 140,000 180,000 equipment 80,000 120,000 building 200,000 200,000 at what amount should spartan record the inventory?
Spartan corp. purchases inventory, land, building, and equipment for $540,000 from Klein corp. the amount should spartanly record the inventory is = $90000.
How much inventory you should record
= (Fair Value of Inventory / Fair Value of All Assets), where purchase value of all assets is the product of these two terms.
= S540000×(S100000/$600000)
= $540000×(1/6)
The method a company or organization uses to obtain the products or services it needs to reach its objectives is known as purchase. Inventory or stock refers to the goods and materials that a business holds with the intention of resale, production, or use. Purchasing activities are required to ensure that needed items are obtained in a timely manner and at a reasonable cost. Specifying the size, shape, and location of stocked goods is the main focus of inventory management.
Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit.
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once established, company cultures can be perpetuated by . a. relying on word-of-mouth indoctrination and the power of tradition to instill the culture's fundamentals, as well as frequent reiteration of core values by senior managers and group members, and regular ceremonies honoring members who display desired cultural behaviors b. avoiding frequent or dramatic reorganizations that could disturb existing relationships and networking among departments and company personnel c. making adherence to cultural beliefs and cultural norms the defining features of the company's strategic vision d. rewarding departments that observe cultural norms with above-average budget increases and penalizing those who don't with budget cuts e. making cultural values and beliefs the centerpiece of the company's competitive strategy
Once established, company cultures can be perpetuated by which is relied on word-of-mouth indoctrination as well as the power of tradition.
So, the correct option is A.
Depending on the power of tradition and word-of-mouth indoctrination to establish the principles of the culture, as well as repeated repetition of essential values by senior managers and group members and regular rituals rewarding members who exhibit desired cultural behaviors. The telling and repeating of business lore, frequent rituals celebrating employees who exhibit desired cultural behaviors, and publicly praising and punishing those who violate cultural standards are all ways that workplace cultures may be sustained.
The beliefs and preferences of the founders, market needs, and the earliest values, goals, and assumptions are only a few of the many influences that shape organizational cultures. Attraction-selection-attrition, new hire onboarding, leadership, and organizational reward systems all play a part in maintaining culture.
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jamie is going to buy furniture with a single-payment loan that is discounted. the loan will be for $5,000 for 2 years at 10% interest. what is the annual percentage rate (apr) on this loan?
APR is the annual fee of a mortgage to a borrower — including fees. Like an interest rate, the APR is expressed as a percentage.
Unlike an pastime rate, however, it consists of different fees or prices such as personal loan insurance, most closing costs, bargain factors and mortgage origination fees.
What is APR example?Put simply, APR is the cost of borrowing on a credit card. It refers to the each year pastime price you may pay if you lift a balance, and it often varies from card to card. For example, you may additionally have one card with an APR of 9.99% and another with an APR of 14.99%.
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https://brainly.com/question/27997520#SPJ4If the price of peanut butter increases by 25%, causing the quantity demanded of almond butter to rise by 5%, then the cross-price elasticity for peanut butter and almond butter is:
The cross price elasticity formula is a formula for calculating the cross price elasticity (XED) of demand for two distinct products or services.
In a linear demand curve, the price elasticity of demand depends on the interval over which it is measured. In a linear demand curve, the absolute price elasticity of demand decreases as you move down the curve to the right. Also known as the cross-price elasticity of demand, this measure is calculated by dividing the percentage change in the quantity demanded of one commodity by the percentage change in the price of the other commodity.
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after accounting for externalities with a social cost curve, the new equilibrium would be such that equilibrium price is
The new equilibrium would have a higher equilibrium price and a lower equilibrium quantity after externalities have been taken into account by a social cost curve.
Market supply and demand must balance one another to reach externalities equilibrium, which leads to stable pricing. In general, when there is an abundance of products or services, prices decline, which increases equilibrium demand, but when there is a scarcity, prices rise, which decreases demand.
When supply and demand are balanced, the price is at equilibrium. It can be said that the forces of supply and demand are comparatively equal externalities and the market is in an equilibrium when a major index goes through a period of consolidation or sideways momentum.
Researchers have discovered that prices typically oscillate near the equilibrium equilibrium levels. Market forces will encourage sellers to enter the market and produce more if the price increases too much. More buyers will place higher bids if the price is too low. Over time, these actions maintain the equilibrium level's relative equilibrium.
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at the present time, andalusian limited (al) has 20-year noncallable bonds with a face value of $1,000 that are outstanding. these bonds have a current market price of $1,382.73 per bond, carry a coupon rate of 13%, and distribute annual coupon payments. the company incurs a federal-plus-state tax rate of 25%. if al wants to issue new debt, what would be a reasonable estimate for its after-tax cost of debt (rounded to two decimal places)? (note: round your ytm rate to two decimal place.)
The after-tax price of debt is the pastime paid on debt less any income tax savings due to deductible activity expenses.
To calculate the after-tax price of debt, subtract a company's wonderful tax charge from one, and multiply the difference by means of its value of debt.
Why do we use an after-tax figure for fee of debt?The major advantage of calculating the after-tax fee of debt is understanding how a good deal a commercial enterprise can retailer on its taxes due to the interest it paid over the year. This capability groups need to comprehend their superb tax fee to recognize their complete fee of debt. Calculating the fine tax charge for a enterprise is easy.
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https://brainly.com/question/29332946#SPJ4what are the federal reserve system, the central intelligence agency, and the federal deposit insurance corporation examples of?
Independent businesses have the same level of oversight and political manipulate as govt departments.
Examples of government corporations include: department of commerce (document); department of protection (DOD); branch of Justice (DOJ); department of kingdom (DOS); Department of the Treasury (Treasury); branch of Transportation (DOT); branch of the place of origin safety (DOHS); department of fitness and Human services
Examples of independent companies are the ICC, FCC, NLRB, and NRC. The national labor relations Board, the FEC, the FTC, the Federal Reserve Board, and the FCC.
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the major benefit of is that it gives a clear picture of current system functions before any modifications or improvements are made.
The major benefit of the four-model approach is that it gives an articulate view of current system functions before any changes or improvements are made.
A four-model method has the advantage of making the process of creating a logical and physical model of the existing system faster. The four-model approach creates physical, logical, physical, and physical models of the new system in addition to a physical model of the existing system.
The four-model approach has the drawback that new information system requirements almost always differ significantly from those of an existing system, especially when the approach is based on brand-new computer technology instead of a significant number of new requirements.
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hillen enterprises produces wheat and flour for the baking industry. the managerial accountant reported the following information at the end of the first quarter. what is the direct materials price variance? is the direct materials price variance favorable or unfavorable?
Direct material price variance (DM Price Variance) is $4,000. The direct materials price variance is unfavorable.
Direct material price variance (DM rate Variance) is described because the difference among the anticipated and actual price incurred on buying direct materials. It evaluates the extent to which the usual charge has been over or underneath carried out to one-of-a-kind units of purchase.
Whilst a enterprise makes a product and compares the actual materials value to the same old substances price, the result is the overall direct substances fee variance. An unfavorable outcome means the real fees associated with substances had been extra than the predicted (fashionable) prices.
The duty for the Direct material price Variance typically lies with the shopping agent. The rate of the direct fabric is certainly out of the manage of buying agent. but, this is simply one component.
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true or false: since an investor's investment is an asset, the investor may target the investment horizon to match the maturity of expected liabilities.
"since an investor's investment is an asset, the investor may target the investment horizon to match the maturity of expected liabilities" is a true statement.
Any method for producing potential future revenue might be referred to as an investment. Buying bonds, equities, or real estate property are a few examples of this. A property that can be utilised to create things can also be bought and regarded as an investment.
Investing is a successful approach to use your money and possibly increase your fortune. If you make smart investment choices, your money may increase in value and outpace inflation. The power of compounding and the trade-off between risk and return are the main reasons investment has a higher growth potential.
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suppose that some firms in a competitive industry are earning zero economic profits, while others are experiencing losses. all else equal, in the long run, we would expect the number of firms in the industry to?
Suppose that some firms in a competitive industry are earning zero economic profits, while others are experiencing losses. all else equal, in the long run, we would expect the number of firms in the industry to decrease
What is a competitive industry?Generally, In a market that is competitive, companies are free to join and leave the market at will, and there are few obstacles standing in their way.
For instance, the market for pizza restaurants in a particular major city may be very competitive due to the fact that anybody may choose to create a new pizza shop, and current owners can choose to shut their doors anytime they like.
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in 2009, the u.s. government passed a bill that increased government spending. in response, the aggregate demand curve most likely:
In 2009, the u.s. government passed a bill that increased government spending. In response, the aggregate demand curve will lead to high growth in the short term.
A demand curve in economics is a graph that shows the relationship between the cost of a certain good (the y-axis) and the amount of that good that is desired at that cost (the x-axis). Demand curves can be used to both the price-quantity connection for a single consumer (a single demand curve) and for all consumers in a given market (a market demand curve).
Demand curves are typically thought to slope downward, as the following graphic demonstrates. This is due to the law of demand, which states that when prices increase for most things, demand decreases. Certain peculiar circumstances do not adhere to this rule. Veblen goods, Giffen goods, and speculative bubbles are a few examples of this type of phenomenon. Buyers are drawn to an item if its price increases.
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How have recent policy changes and supreme court rulings impacted the campaign finance process?.
Congress is involved in election administration, and the Federal Election Commission regulates federal candidates, but states regulate campaign finance.
What is Campaign Finance process ?Campaign finance, also known as election finance or political donations, is the money raised to support candidates, political parties, policy initiatives, and referendums.Though states must foot the bill for elections and any campaign finance regulations, the federal government retains judicial review in the form of U.S. Supreme Court rulings.These decisions, which are binding on all 50 states, frequently force states to amend or completely change their election protocols. Each state is also subject to local and federal court decisions.Political parties, charitable organisations, and political action committees are all vehicles for political fundraising. "Political finance" is another popular term that is used internationally due to its breadth. Political donations are private funds received by political parties for general administrative purposes.To learn more about Campaign Finance refer :
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which purchasing group represents about 13.5 percent of all buyers in the market and is crucial for bringing the other buyer categories to the market?
Early adopters, a purchasing group represents about 13.5 percent of all buyers in the market and is crucial for bringing the other buyer categories to the market.
One who tests new products ahead of the majority of consumers is an early adopter. Technology products tend to attract early adopters more frequently. They give the vendor information and aid in improving the features, design, distribution, and support of the product. In the early phases of a product's life cycle, early adoption can also be seen as a sort of testing.
Early adopters are a crucial source of information for businesses regarding product flaws and funding for product R&D.
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the discount store inc. is currently considering a project that cost $38,000 and will produce cash inflows of $12,000 a year for three years followed by $6,500 in year 4. what is the profitability index if the discount rate is 7 percent? group of answer choices 0.96 1.04 1.09 0.99 1.12
A company's profitability is determined by how much money it makes compared to how much it spends. If the discount rate is 7%, the profitability index is 0.96.
Explain about the profitability?More effective businesses will make more money relative to their costs than less effective businesses, which must spend more to make the same amount of money.
A company's ability to make a profit determines whether it can obtain bank financing, draw in investors to finance its operations, and expand. Without making a profit businesses cannot stay in operation.
The proportion of a company's income to its expenses is known as its profitability. The amount of money a business makes through operations and activities is used to calculate its income.
Since most industries often regard 10% as the average and 20% as high or above average, consider aiming for profit ratios between 10% and 20% while keeping an eye on the industry average.
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the table above shows the stock prices and multiples for a number of firms in the newspaper publishing industry. another newspaper publishing firm (not shown) had sales of $620 million, ebitda of $81 million, excess cash of $62 million, $11 million of debt, and 120 million shares outstanding. if the firm had an eps of $0.41, what is the difference between the estimated share price of this firm if the average price-earnings ratio is used and the estimated share price if the average enterprise value/ebitda ratio is used?
In a nutshell, the price-to-earnings ratio tells investors how much money they can expect to pay for one share of a company's profits. Because it indicates how much investors are willing to pay for every dollar of earnings, the P/E is sometimes referred to as the price multiple.
What is an appropriate earnings-to-price ratio?
However, many value investors use the range of 20 to 25 as the average P/E ratio to give you an idea of what the market average is.
What is meant by a high PE ratio?
The P/E ratio indicates how much investors anticipate growth from the businesses in which they invest. A high ratio indicates that investors are paying significantly more per share than the business is earning. This is common in new businesses that require a significant amount of investment capital, such as tech start-ups.
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which type of factors result in a leadership behavior that has been effective in the past but is no longer working in a new situation?
The Fiedler's contingency theory is the appropriate response. This is a type of contingency theory that emphasizes or demonstrates how effective leadership is likely to be based on a specific situation and the numerous possible factors.
Leadership theories are the schools of thought that describe why and how particular people become leaders. These theories place a strong emphasis on the behaviors and characteristics that people can acquire to improve their own leadership abilities.
Early research on the psychology of leadership suggested that people are born with certain leadership traits.
One of the earliest views regarding leadership was the Great Man theory, which said that everyone has the capacity to lead and that leadership comes naturally to some people. Great Man was given the name because it was thought that men should hold positions of leadership.
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full-employment gdp refers to:multiple choice question.a decline in real output for at least two consecutive quarters.the short-term fluctuations experienced in the economy due to changes in levels of economic activity.a phase of the business cycle characterized by increasing real gdp income and employment.the level of real gdp produced in an economy when it is operating at the natural rate of unemployment.
Full-employment GDP refers to level of real GDP produced in an economy when it is operating at the natural rate of unemployment.
The OECD defines unemployment as people over a certain age who are not in paid employment or self-employment but are still actively seeking employment during the reference period. The number of unemployed people as a percentage of the labor force is used to calculate the unemployment rate, which is one way to measure unemployment. The market value of all the finished goods and services that nations produce and sell in a given time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature. (GDP) is the accepted unit of analysis for the value added produced by the production of goods and services in a nation over a specific time period.
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what do we need in order to make sure our content is consistent with our brand, channels, and platforms?
We need a brand style guide in order to make sure our content is consistent with our brand, channels, and platforms.
What is Brand style guide?
A brand style guide, usually referred to as a brand guide or brand guidelines, is essentially a how-to manual for communicating a brand. It includes the guidelines necessary to accurately portray your brand both internally and internationally.
A brand style guide is a digital handbook that details every element of your business's appearance and tone. In addition to being utilized internally, a brand style guide is distributed to partners, the media, and advertising agencies to inform them of the right and consistent ways to represent your brand.
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If a business has $100,000 in sales and $10,000 in wages, $3,000 in advertising, $1,000 in dividends and $3,000 in insurance expense, how much profit did the company make?.
The business earned $84,000 in profit. Profit is the term used to describe the financial gain experienced when the revenue from a company activity outpaces the costs, costs, and taxes incurred to support the activity in question.
What exactly does "profit" mean?Profit is the term used to describe the financial gain experienced when the revenue from a company activity outpaces the costs, costs, and taxes incurred to support the activity in question.
calculation to figure out how much profit the business made
Revenue $100,000 Lower:
Wages ($10,000)
($3,000) advertising
($3,000) for insurance
($100,000-$10,000-$3,000-$3,000) + $84,000 =
$84,000 is the amount of profit the business made.
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as a manager, when you provide rewards or reprimand your subordinates, you are practicing transactional leadership.A. TrueB. False
The statement "when you praise or discipline your employees, you are exercising transactional leadership as a manager" is (A) true.
What is transactional leadership?Making sure that people, tools, and other resources are used effectively to complete a task is the main goal of task-oriented leadership behaviors.
When you praise or discipline your employees, you are exercising transactional leadership as a manager.
Business executives frequently practice transactional leadership, rewarding successful workers and punishing unsuccessful ones.
Sports teams also place a lot of emphasis on transactional leadership.
Results-driven, compliant with an organization's current structure, and measuring success in accordance with that organization's system of rewards and punishments are all characteristics of transactional leadership. In an organization, transactional leaders hold formal positions of authority and accountability.
Therefore, the statement "when you praise or discipline your employees, you are exercising transactional leadership as a manager" is (A) true.
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athletic pursuits specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhouse near a convention center. this strategy is an example of
Sports equipment is the area of expertise for Athletic Pursuits. It recently made the decision to grow by opening a steakhouse close to a convention center. Conglomerate diversification is demonstrated by this tactic.
Conglomerate diversification: what is it?A growth strategy whereby a business aims to expand by incorporating completely unrelated items and markets into its current operation.
What is the primary justification for a conglomerate wanting to diversify?The goal of a conglomerate merger, according to Johnson, is to diversify the business and lower risk. The concept is that while one aspect of a business is doing poorly, another that is wholly unrelated to it may be doing well.
How is a conglomerate structured?A conglomerate is made up of a number of businesses that operate in different ways but are linked together to function as one unit. Conglomerates are frequently substantial, global businesses where one parent company owns an interest in a variety of different companies and enterprises.
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crude oil is not an example of a factor of production, but when crude oil is processed into gasoline, it is a factor of production.
Crude oil is not an example of a factor of production, but when crude oil is processed into gasoline, it is a factor of production. The payment received by suppliers of entrepreneurial skills is called wages.
Gasoline, additionally spelled gasolene, also called gas or petrol, aggregate of volatile, flammable liquid hydrocarbons derived from petroleum and used as fuel for internal-combustion engines. it is also used as a solvent for oils and fats.
"fuel" (regularly shortened to "fuel") is an American word that denotes fuel for cars. The term is notion to have been motivated by using the trademark "Cazeline" or "Gasoline", named after the surname of British publisher, espresso service provider, and social campaigner John Cassell. Fuel is a mixture of many one-of-a-kind hydrogens- and carbon-containing chemical compounds (hydrocarbons). a normal gas combination contains about a hundred and fifty one-of-a-kind hydrocarbons, along with butane, pentane, isopentane, and the BTEX compounds (benzene, ethylbenzene, toluene, and xylenes).
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