Which of these is not one of the common reasons why sport organizations have transitioned to mobile ticketing? a. It makes it easier to transfer tickets to others b. It combats fraudulent tickets. c. WiFi is always easily accessible around stadiums d. It allows sport organizations to capture fan data

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Answer 1

WiFi is always easily accessible around stadiums is not one of the common reasons why sport organizations have transitioned to mobile ticketing.

A commuter can buy, submit, or validate a ticket using a smartphone app and a bank card or wallet to pay for the virtual ticket. This method is known as mobile ticketing.

They don't need to keep track of paper tickets because they can buy and store tickets on their phones. Second, it makes it simpler for firms to keep track of sales and clients. Finally, since it is more difficult to replicate or fake a mobile ticket, mobile ticketing can aid in reducing fraud. Similar to etickets, mobile tickets can only be accessed directly through our app and must first be "activated" before usage.

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Because of the economic slowdown associated with the 2007-2009 recession, the Federal Open Market Committee of the Federal Reserve, between September 18, 2007 and December 16, 2008, lowered the federal funds rate in a series of steps from a high of 5.25% to a rate between zero and 0.25%. The idea was to provide a boost to the economy by increasing aggregate demand. Use the liquidity preference model to explain how the Federal Open Market Committee lowers the interest rate in the short run.
A) The Federal Open Market Committee purchases bonds causing the money supply line to shift right
B) The Federal Open Market Committee sells bonds causing the money supply line to shift right
C) The Federal Open Market Committee purchases bonds causing the money demand line to shift down
D) The Federal Open Market Committee purchases bonds causing the money supply line to shift left

Answers

The money supply line moves to the right as a result of the Federal Open Market Committee buying bonds. The correct option is (A).

What is Federal Open Market Committee?

According to American law, the Federal Open Market Committee, a body inside the Federal Reserve System, is in responsibility of regulating the country's open market activities. Important decisions concerning interest rates and the expansion of the US money supply are made by this Federal Reserve committee.

Eight regular schedule meetings of the FOMC take place each year. The Committee examines the financial and economic situations, chooses the right monetary policy course, and evaluates the risks to its long-term objectives of price stability and sustained economic growth during these sessions.

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Plotting the supply of labor In Orlando
180 people are willing to work an hour as hostesses if the wage is $10 per hour. For each additional $5 that the wage rises above $10, an additional 45 people are willing to work an hour.
For wages of $10, $15, $20, $25, and $30 per hour, plot the daily labor supply curve for hostesses on the following graph.
What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?
The opportunity cost of leisure increases as wages increase.
Unemployment benefits are steadily declining. Wages have to increase to accommodate union pressure. People prefer to spend time doing leisure activities rather than working.

Answers

An extra 45 persons are prepared to labor an hour for every $5 that the salary increases over $10. For hourly earnings of $10, $15, $20, $25, and $30, it appears that for every unit increase in wage, Labour rises by six units.

What does a wage look like?

Salaries, basic wage, piece rates, and payments by the work are all examples of wages. bonuses and commissions. Pay for overtime and time off.

Briefing :

One reason this labor supply slope is upward sloping is because the marginal utility of leisure declines as wages rise. For every ancillary $5 that the salary climbs over $20, an extra 25 persons are prepared to work an hour. For $20, $25, $30, $35, then $40 in salaries.

where w is wage rate and L stands for labor. It is given that

w=10

L=30

then slope=1/3

therefore L/w=3

It suggests that L grows by 6 units for every unit increase in wages.

A payment paid in return for labor or services, often on an everyday, daily, or piecework base and in line with a contract, would then be described by the work supply and wages table. often used in the plural. Wages, in the plural, are the fraction of the gnp that may be attributable to labor like a production component.

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During 2021, William purchases the following capital assets for use in his catering business:New passenger automobile (September 30) $64,000Baking equipment (June 30) 10,000Assume that William decides to use the election to expense on the baking equipment (and has adequate taxable income to cover the deduction) but not on the automobile (which has a 5-year recovery period), and he also uses the MACRS accelerated method to calculate depreciation but elects out of bonus depreciation.Calculate William's maximum depreciation deduction for 2021, assuming he uses the automobile 100 percent in his business.

Answers

$21,640 will be the William's maximum depreciation deduction for 2021, assuming he uses the automobile 100 percent in his business.

So, in order to help us answer this question or solve this problem, the following data, parameters, or information is provided to us:

New passenger automobile (September 30) = $64,000.

Baking equipment (June 30) = 10,000

William chooses to take advantage of the election to expense on the baking equipment (and has enough taxable income to cover the deduction) but not on the car (which has a 5-year recovery period), and he also uses the MACRS accelerated method to calculate depreciation but opts out of bonus depreciation.

Suppose his taxable income is sufficient.

Thus, if we are to abide by Internal Revenue Service regulations, the new passenger vehicle that is the depreciable limit = 11,160 - 8000

                                                                              = 3,160

the highest allowed depreciation deduction = Baking equipment +

                                                                             depreciable limit

                                                                          = 18,480 + 3,160

                                                                          = $21,640.

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The most important results from the latest decision round that company managers need to review/study in order to guide their strategic moves and decisions to improve their company's competitiveness and overall performance on the five investor-expected performance targets in the upcoming decision round are a. the Performance Highlights Report. b. each company's performance on EPS, ROE, stock price, credit rating, and image rating displayed on pp. 2 and 3 of the FIR. c. the Comparative Competitive Efforts data for each geographic region in the Competitive Intelligence Report. d. the Performance Benchmarks on pp. 6-7 of the FIR. e. the celebrity endorsement data and the 4 graphs showing branded price and S/Q rating trends in each of the four geographe regions on p. 8 of the FIR.

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The most important results from the latest decision round that company managers need to review/study are the Comparative Competitive Efforts data for each geographic region in the Competitive Intelligence Report.

A business, often known as co., is a legal entity that stands in for a group of individuals with a particular goal who are either natural, legal, or a combination of the two. Members of the company work together for a shared cause to accomplish clearly stated objectives.

A business can be established as a legal entity with limited liability as long as its members uphold the terms of the publicly proclaimed incorporation or published policy. It could be necessary to liquidate a firm after it closed in order to discharge any outstanding debts. Corporate groups are the collective legal entities that develop when two or more corporations join forces and register themselves as new businesses.

Hence the correct option is C.

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In assessment centers, scheduling exercises typically evaluate _____.
a. leadership skills
b. problem-solving abilities
c. oral communication skills
d. psychomotor skills

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Scheduling activities are frequently used in assessment centers to gauge candidates' problem-solving skills.

Which three qualities make a good leader?

Self-awareness, credibility, relationship-building, a bias for action, humility, empowerment of others, authenticity, presenting oneself as steady and consistent, being role models, while being fully present in the moment are all qualities of good leaders. The individual traits that make a leader and their actions together make up their leadership behaviors.

What sort of leadership qualities exist?

Modeling, enabling, and actively influencing good emotions that motivate team staff members to achieve their highest potential are all aspects of positive leadership. Through communication, responsibility, emotional intelligence, inspiration, and a model work habits, great leaders foster an encouraging atmosphere.

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Figure 11-3a Figure 11-3a above shows that when the price for Red Baron frozen cheese pizzas moves from $8 to $6 per unit along the demand curve D1, the quantity demanded increases from 6 to 8 million units per year. 161 increases from 2 to 3 million units per year. stays the same decreases from 3 to 6 million units per year. decreases from 3 to 2 million units per year.

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Red Baron frozen cheese pizza sales increase from 2 to 3 million units annually as the price moves from $8 to $6 per unit along the demand curve D1.

In economics, the term "quantity demanded" refers to the total amount of a good or service that consumers demand over a specific period of time. Regardless of whether a market is in equilibrium, it is dependent on the cost of a good or service.

Demand for Red Barron frozen cheese pizzas rises from 2 million to 3 million units annually as the price is reduced from $8 to $6 per pizza, according to the demand curve D1.

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which of the following is one of the eight principal managerial components associated with the process of implementing and executing strategy? adopting best practices and business processes to drive continuous improvement in activities that encompass strategy execution
staffing solely with personnel below the age of 35 who have college degrees and a grade point average of 3.0 or better
implementing a management development plan to groom future executives
allocating ample resources to strategy-critical activities
shifting from decentralized to centralized decision making so as to give senior executives more authority and control in driving cultural change

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Allocating ample resources to strategy-critical activities  is one of the eight principal managerial components associated with the process of implementing and executing strategy.

What are strategy activities?

Strategic acts, initiatives, and other endeavors are those that aim to meet predetermined goals and consequences.

Every target and goal has to have a plan (consisting of actions) outlining how it will be accomplished. The level of freedom your managers and team members have while implementing the strategy will depend on how detailed it is.

Our approach for developing strategies highlights actions necessary for achieving the organization's intended ambitions. Importantly, it also uses cause and effect linkages to connect individual and group actions to the intended results and objectives, as indicated in the picture below. In doing so, the organization successfully draws a road map of the steps it must take to accomplish its objectives and aims on the way to realizing its vision.

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Which of the following Multi-Channel Funnels reports would you use to see the most common sequences of marketing touch points that lead to conversions on your site or app?a) Assisted Conversionsb) Top Conversion Pathsc) Time Lagd) Path Length

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The most typical sequences of marketing touch points that result in conversions on your website or app are shown in the Assisted Conversions reports from Multi-Channel Funnels.

Marketing is the term used to describe the activities a business engages in to encourage the purchase or sale of a good or service. Delivering goods to customers or other businesses includes marketing activities like advertising and sales. Affiliates will occasionally carry out marketing for a business.

Employees in a company's marketing and promotion divisions aim to attract the attention of key target populations through advertising. Promotions are aimed at specific demographics and may include celebrity endorsements, memorable slogans or taglines, eye-catching packaging or graphic designs, and general media exposure.

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Each firm in monopolistic competition uses a brand name and advertising to achieve all of the following except to​ _____. A) influence the demand for its good B) signal quality and reliability of its good C) differentiate its good from its​ competitors' goods D) signal its market share

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Each firm in monopolistic competition uses a brand name and advertising to achieve all of the following except  signal quality and reliability of its good.

Monopolistic competition is a sort of imperfect competition when numerous manufacturers compete with one another yet sell various items that are not exact substitutes for one another. In monopolistic competition, a corporation accepts the prices set by its competitors as given and pays no attention to how its own prices affect those of its rivals. Monopolistic competition will turn into a government-granted monopoly if this occurs in the face of a coercive government. In contrast to ideal competition, the business keeps extra capacity. Industry models frequently adopt monopolistic competition models. Restaurants, cereals, apparel, shoes, and service sectors in big cities are examples of industries with market systems resembling monopolistic competition from textbooks.

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many of the jobs available today exist in the hidden job market, where jobs are not announced or advertised openly. to make your job search successful, you must gain access to the hidden job market through effective networking. the three steps to networking are developing a contact list, making contacts in person and online, and following up on your referrals. which of the following might you put on your networking contact list? check all that apply. your doctor acquaintances friends from high school professors linkedin connections

Answers

Alumni of your university coworkers at work one's dentist relations with your family previous classmates.

What is the hidden job market?

The term "hidden job market" describes positions that firms do not post openly or publicize. Not advertising these positions can help these firms save on the expenses and time connected with posting and analyzing job applications or interviewing.

Employers may use employee referral programs or internal hiring to locate applicants for these positions. Because employees are already aware of the company's requirements, this strategy can assist assure high-quality applicants in addition to cost savings. With this understanding, they may be able to take on the position themselves or suggest deserving and capable people.

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the fact that several walthy donors contributed more than $10 million to presidential candidates in 2016 was the result of a

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The fact that several wealthy donors contributed more than $10 million to presidential candidates in 2016 was the result of a popularity of the presidential candidates.

Why did wealthy donors contribute in 2016 ?

The presidential election in the year 2016 saw Donald Trump and Hillary Clinton face off for the position of president. A win by Donald Trump would see the Republicans returning to power and a win by Hillary Clinton would be the first win for a woman.

As a result of these, the presidential candidates were quite popular and this led to more wealthy donors such that they contributed more than $10 million to the candidates.

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You are the manager of a monopoly, and your analysts have estimated your demand and cost functions as P = 200 − 3Q and C(Q) = 1,500 + 2Q2, respectively.a. What price–quantity combination maximizes your firm’s profits?

Answers

The price-quantity combination that maximizes the firm’s total profit will be $210 and 30 units respectively.

What is Bulk Pricing?

The price of goods and services in the market determines the quantity that consumers want. Assuming that non-price factors are removed from the equation, higher prices lead to lower quantities demanded, and lower prices lead to higher quantities demanded. A price is what a producer receives for the sale of one unit of goods or services. An increase in price will almost always increase the supply of that good or service, while a decrease in price will decrease the supply.

Calculating the maximum profit :

The inverse market demand function = 300 - 3Q

The total revenue will be:

                               = (300 - 3Q) × Q

                             = 300Q - 3Q²

The marginal revenue will be:

                             = 300 - 6Q

The total cost is given as:

                             = 1500 + 2Q².

The marginal cost will be:

                         = 4Q

The equilibrium level of output will then be: MR = MC

                              300 - 6Q = 4Q

                               6Q + 4Q = 300

                                  10Q = 300

                                     Q = 300/10

                                      Q = 30.

The quantity is 30 units.

The equilibrium price will then be:

                          P = 300 - 3Q

                        P = 300 - 3(30)

                               P = 300 - 90

                                    P = 210

Therefore, the price is $210.

The maximum profit that the firm will earn will be:

                         Profit = Revenue - Cost

                          = (210 × 30) - [(1500 × (2 × 30²)]

                                = 6300 - (1500 + 1800)

                                       = 6300 - 3300

                                              = $3000

Therefore, the profit will be $3000.

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Sprint charges different rates for long-distance service depending on time of day and distance of the call. This pricing method is called ____ pricing.

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Sprint charges different rates for long-distance service depending on time of day and distance of the call, this pricing method is called value based pricing.

What does Pricing method mean?

Pricing method refers to the strategies and techniques used to set prices for products or services. Pricing methods can include cost-based pricing, market-oriented pricing, value-based pricing, and penetration pricing. Companies use different pricing methods to maximize profits, gain market share, and remain competitive.

What does cost based pricing means?

Cost-based pricing is a pricing model in which the cost of production and distribution determines the price of a product or service. This pricing method is based on the idea that a company should set prices that include the costs of producing, marketing, and distributing the product or service. Companies frequently use the cost-based pricing model to ensure that their prices reflect the true cost of the product or service.

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___enable individual employees to choose the benefits that are best suited to their particular needs.

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Cafeteria plans enable individual employees to choose the benefits that are best suited to their particular needs.

Individual employees is defined as employment in the general workforce where the employee interacts with the public to the same extent as people without disabilities doing the same job, is paid at or above the minimum wage, but not less than the standard wage and level of benefits provided by the employer for the same or similar work done by people without disabilities. A self-employed person doesn't have a single job that provides a steady paycheck. Self-employed people, often known as independent contractors, make money by directly contracting with a trade or business. Most of the time, the payer does not deduct taxes, thus the self-employed person is now responsible for doing so.

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which of the following are requirements for the correction of an accounting error? (select all that apply). Restate previous years' financial statements that are incorrect. | Prepare a journal entry to correct the error. | Disclose the nature of the error and the impact of the error on net income.

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The following are requirements for the correction of an accounting error:

Prepare a journal entry and then correct the error.Report a prior period adjustment to the starting balance in retained earnings for the earliest year thats affected.

An unintentional inaccuracy in an accounting entry is referred to as an accounting error. The error or mistake is frequently corrected right away when discovered. If the issue cannot be resolved right away, an inquiry into the error is carried out.

Accounting mistakes are blunders that are frequently committed when entering or submitting accounting entries. These differences are typically inadvertent and not the result of fraud.

The capitalization of $400,000 spent on routine equipment repairs contains an accounting mistake. This mistake has to be corrected because it causes the following issues:

incorrectly reporting incomeincorrect categorisation of cash flowsincorrectly reporting expensesa mismatch between income and expenses.

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Consider the following two mutually exclusive projects:
Year Cash Flow (A) Cash Flow (B)
0 –$ 431,000 –$ 43,000
1 41,000 21,000
2 65,000 12,700
3 82,000 21,600
4 546,000 18,400
The required return on these investments is 12 percent.
a. What is the payback period for each project? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Payback period
Project A years Project B years

Answers

The payback period for project A and project B is 3.45 years and 2.43 years respectively.

What is the Payback Period?

The duration needed to recoup an investment's cost is referred to as the payback period. Simply described, it is the period of time it takes for an investment to break even.

The payback period is significant because individuals and businesses invest money primarily in order to be reimbursed. In principle, an investment gets more alluring the quicker its payback is. Anyone can benefit from calculating the payback period by dividing the initial investment by the typical cash flows.

For Project A

Cumulative cash flow in year 1= $41,000

Cumulative cash flow in year 2= $106,000

Cumulative cash flow in year 3= $188,000

Payback period= full years until recovery + unrecovered cost at the start of the year/ cash flow during the year

Payback period = 3 years + ($431,000 - $188,000)/ $546,000

Payback period = 3 years + $243,000/ $546,000

Payback period = 3 years + 0.45

Payback period = 3.45 years.

Project B

Cumulative cash flow in year 1= $21,000

Cumulative cash flow in year 2= $33,700

Payback period = full years until recovery + unrecovered cost at the start of the year/ cash flow during the year

Payback period = 2 years + ($43,000 - $33,700)/ $21,600

Payback period = 2 years + $9,300/ $21,600

Payback period = 2 years + 0.43

Payback period = 2.43 years.

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When reruns of a popular network program are sold to individual stations for rebroadcast, it is known as ______ syndication.
A. classic
B. first-run
C. audience-supported
D. off-network
E. barter

Answers

When reruns of a popular network program are sold to individual stations for rebroadcast, it is known as barter syndication. The correct option is (E).

What do you mean by the Barter Syndication?

A sort of agreement between broadcasters, including television networks, network affiliates, independent stations, and television syndicators, is referred to as barter syndication.

Television show advertising time is the item being exchanged. The control of the advertising time, including how much will be available and who will sell it, is at the core of the barter system.

Barter syndication is a potent instrument in the syndication industry, which is expanding quickly and has extensive implications for the broadcasting, advertising, and syndication sectors.

Therefore, when reruns of a popular network program are sold to individual stations for rebroadcast, it is known as barter syndication.

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All definitions of Corporate Social Responsibility recognize that ________. *
Companies have a responsibility for their impact on society and environment
Companies must pay equal attention to business law and sustainability
The natural environment should be the main focus of CSR activities
Business ethics is a complex issue
What is the main characteristic of the stakeholder approach? *
The assumption that every business has to be absolutely dedicated toward social welfare
The idea that many different groups have a legitimate interest in the corporation
The assumption that shareholders are not the main stakeholders in the corporation
The idea that businesses shall be unethical toward the stakeholders in order to survive
According to Milton Friedman, the duty of a business is to ________. *
Be ethically responsible toward the various organizational stakeholders
Increase profits
Maximize resources
Trespass the rules of the game for the sake of profits

Answers

CSR recognizes that companies have a responsibility for their impact on society and environment. Stakeholder approach is the idea that many different groups have a legitimate interest in the corporation. According to Milton Friedman, the duty of a business is to be ethically responsible toward the various organizational stakeholders.

What is Corporate Social Responsibility?

Corporate social responsibility (CSR) is a self-policing corporate strategy that enables an organization to be socially accountable to its customers, employees, and stakeholders. Companies can be aware of their impact on the economic, social, and environmental aspects of society by engaging in corporate social responsibility, often known as corporate citizenship. When a firm practices corporate social responsibility (CSR), it means that it operates in a way that benefits society and the environment rather than detracting from it. Corporate social responsibility is a business strategy that encourages businesses to work in ways that benefit society and the environment rather than harming them.

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FedPrimeRate.com reported the median price of a home sold in the United States in November 2017 was $199,600. Pat Radigan wants to purchase a new home for $312,500. Pat puts 20% down and will finance the remainder of the purchase. Compare the following two mortgage options he has: 20 years at 6.5% or 25 years at 7.0%. (Use Table 15.1.) (Round your intermediate calculations and final answers to the nearest cent.) a. Calculate Pat's monthly payment for both the 20 and 25 year mortgage? Monthly payment for 20 year mortgage Monthly payment for 25 year mortgage b. Calculate Pat's total cost of interest for both the 20 and 25 year mortgage? Total cost of interest for 20 year mortgage Total cost of interest for 25 year mortgage c. What is the difference in interest paid between 20 and 25 year mortgage? Difference

Answers

(a) Pat will pay $1,863.93 per month for a 20 year loan and $1,766.95 for a 25 year loan.

(b) For both the 20 and 25-year mortgages, Pat's total cost of interest is $197,343.88 and $280,084.40, respectively.

A mortgage is a loan used to finance the acquisition or upkeep of real estate, vacant land, or other kinds of rental properties. The borrower and lender both agree to repay the loan over a period of time, typically in a series of consistent installments that are separated into principal and interest. For loans, the property acts as insurance.

(a) Pat's monthly payment for:

20-year mortgage = $1,863.93

25-year mortgage = $1,766.95

(b) Pat's cost of interest for:

20-year mortgage = $197,343.88

25-year mortgage = $280,084.40

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Consumer goods firms such as Lancôme often use reminder advertising to convince consumers to take action—switch brands, try a new product, or even continue to buy the advertised product.TRUEFALSE

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The statement "Consumer goods firms such as Lancôme use reminder advertising to convince consumers to take action—switch brands, try a new product, or even continue to buy the advertised product. is false.

Give a brief account on advertising.

Businesses can reach the public by using advertising to promote their goods and services. There are many different sorts of advertising media, from flyers and business cards to print commercials on broadcast TV and radio and online displays. Advertising draws in large audiences primarily for the following reasons:

Generating income for businesses, big or small.Increasing brand recognition to ensure that buyers remember your offerings.Convincing individuals to support the goals of nonprofits, governmental and non-governmental organizations, political parties, religious groups, and more.

Advertising falls into two categories: paid advertising and earned advertising. To reach the audiences of vendors, such as print and online publishers, owners of broadcast channels, and administrators of online platforms, paid advertising requires an input of funds. Earned advertising is distinct; it is the outcome of customers praising goods and services based on their personal interactions with them.

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One appealing way for a company to adjust to favorable and unfavorable exchange rate adjustments to its total production costs stemming from shipping footwear from production facilities in one geographic region to distribution warehouses in another region is to a. always avoid shipping any pairs to a distribution warehouse from production facilities in a different geographic region when the exchange rate cost adjustments are unfavorable shipments from each production facility to other regions should always go only to those regions where the exchange rate adjustments to total production costs are favorable b. ignore such adjustments altogether--the sizes of the favorable and unfavorable exchange rate adjustments in each geographic region will tend to cancel each out over the various decision rounds and thus have little or no net long-term effect on the company. c. always lower the prices of footwear sold in a geographic region by the full amount of any adverse exchange rate adjustment per pair that the company incurs in that region and raise the price of footwear by the full amount of any favorable exchange rate adjustment per pair that the company receives. d. adjust prior year shipping patterns and its pricing and marketing strategies to sell more pairs in regions where exchange rate adjustments are favorable and fewer pairs in regions where the cost adjustments are unfavorable--such actions tend to boost profits in regions with favorable adjustments and lessen the adverse impact on profits in regions with unfavorable adjustments. e. ship pairs of footwear from production facilities in those geographic regions where there are adverse exchange rate cost adjustments to distribution centers in those regions where there are favorable exchange rate cost adjustments.

Answers

The correct option is D i.e. adjust prior year shipping patterns and its pricing and marketing strategies to sell more pairs in regions where exchange rate adjustments are favorable and fewer pairs in regions where the cost adjustments are unfavorable--such actions tend to boost profits in regions with favorable adjustments and lessen the adverse impact on profits in regions with unfavorable adjustments.

A charge per unit may be a relative value of 1 currency expressed in terms of another currency (or cluster of currencies). For economies like Australia that actively interact in international trade, the charge per unit is a very important economic variable.

A charge per unit is the rate at that one currency is changed for one more between nations or economic zones. it's accustomed confirm the worth of assorted currencies in relevance to one another and is vital in deciding trade and capital flow dynamics.

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hudson company reports the following contribution margin income statement. hudson company contribution margin income statement for year ended december 31 sales (11,500 units at $225 each) $ 2,587,500 variable costs (11,500 units at $180 each) 2,070,000 contribution margin 517,500 fixed costs 360,000 income $ 157,500
1. Compute break-even point in units.
2. Compute break-even point in sales dollars.

Answers

To calculate the Break-even point in sales dollars and units, we have to find the contribution margin.

Given,

Fixed cost (FC)= $360,000

selling price (S) = $225

variable cost (VC)= $180

So, contribution (C) is given as

C = S - VC

C = 225 - 180 = $ 45

contribution ratio = C ÷ S

contribution ratio = 45 ÷ 225 = 0.2 or 20%

Therefore, the Break-even point (BEP) is given as

1) BEP in units = FC ÷ C

BEP = 360,000 ÷ 45

BEP = 8000 units.

2) BEP in sales = FC ÷ CR (contriburtion ratio)

BEP= 360,000÷20%

BEP in sales dollars = $1,800,000

So, we can conclude that the Break-even point in sales dollars and units, can be found only after calculating the contribution margin.

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1. Leonora Whatley is the head of the marketing research department for a cosmetics manufacturer. Whatley delegates as much authority as possible to her fourteen subordinates although she still retains ultimate responsibility. Whatley manages a _____ department.
A) subordinated
B) hierarchical
C) centralized
D) functionally organized
E) decentralized

Answers

Leonora Whatley is the head of the marketing research department for a cosmetics manufacturer. Whatley delegates as much authority as possible to her fourteen subordinates although she still retains ultimate responsibility. Whatley manages a E) decentralized department.

What is a decentralized department?

Decentralization of the office refers to the process of establishing satellite offices nearer to employees' homes. This tactic lowers dependency on a single central office, gives teams easily accessible, adaptable workspaces, and shortens commuting times for workers.

Decentralization or decentralization is the process through which an organization's operations are disseminated or delegated away from a central, authoritative location or group, particularly those relating planning and decision-making.

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the demand for current consumption, as plotted against the interest rate, shifts to the right due to all of the following except group of answer choices a decrease in current taxes. an increase in current income. a increase in future taxes. an increase in future income.

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The demand for current consumption, as plotted against the interest rate, shifts to the right due to all of the following except an increase in future taxes.

Future Income Taxes are income taxes that are delayed due to differences between net income declared on financial statements and tax returns, for example. Two values are produced when net income is calculated using various techniques or across various time frames.

An increase in income taxes lowers disposable income for individuals, which in turn lowers consumption (but by less than the change in disposable personal income). This causes a left shift in the aggregate demand curve equal to the initial change in consumption caused by the change in income taxes multiplied by the multiplier.

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Many employees of Bay Area Rapid Transit (BART), a rail service in the vicinity of San Francisco, CA, belong to a union called the Service Employees International Union Suppose BART is an example of a closed shop. This means that a worker is already a member of the union before being Which of the following is an example of a labor strike? People who want to work for BART must be members of the Service Employees International Union before seeking employment. BART management refused union demands, which included annual raises of between 2-4% over three years. This led BART workers to refuse to work during the following week. BART can charge consumers higher prices because there are no alternative forms of public transportation.

Answers

The Service Employees International Union is a large union that represents many of the employees of Bay Area Rapid Transit (BART), a rail service in the vicinity of San Francisco, California. Consider BART as an illustration of a closed business. This indicates that a worker is a union member prior to being hired.

A union representing about 1.9 million workers in more than 100 occupations in the US and Canada is called the Service Employees International Union. The SEIU focuses on organizing employees in three industries: property services, public services, and healthcare, including hospital, home care, and nursing home workers; public services; and property services.

A strike is a planned interruption of work carried out by employees to exert bargaining power over employers. Strikes may be organized in response to risky working conditions, unfair treatment, low pay, or any other workplace complaint that jeopardizes the safety or well-being of employees.

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when opening a bar business, it is wise to have cash reserves equal to of your estimated operating expenses. (ch.15) when opening a bar business, it is wise to have cash reserves equal to of your estimated operating expenses. (ch.15) 2 months' worth 3 months' worth 6 months' worth 12 months' worth

Answers

When opening a bar business, it is wise to have cash reserves equal to 6 months' worth of your estimated operating expenses.

Cash reserves are funds set aside by businesses for use in emergency situations. The money saved is used to cover unplanned or unexpected costs or expenses. Most reserves are set aside specifically for short-term needs. One advantage of keeping such a reserve is that the company can avoid incurring credit card debt or incurring additional loan debt.

Companies typically use their company bank account to save money as a cash reserve. The funds may also be transferred to a separate account known as the cash reserve account.

Choosing a reserve amount is an important financial decision for a business. Failure to set aside enough cash exposes a company to financial risk; however, holding too much in reserve means the company is not fully utilizing the opportunity to invest more funds in growing its business.

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angela is a salesperson for ksu exercise equipment. she wants to sell deluxe exercise stations to silver workout centers. hans is the assistant regional director of silver workout centers in the greater chicago area and is acting as a champion for angela's product. we should expect all of the following except

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As Angela is the salesperson and Hans is the assistant regional director and is acting as a champion for Angela's product, all of the following should be expected except E. Hans will prevent Angela from meeting the members of the buying center at the home office

As Angela is a salesperson, her basic part of duty would be to convince Hans that how KSU exercise equipment is best for silver workout centers. Hence, option a is correct.

Hans has the right that he can talk about and also sell Angela's ideas because he is acting as a champion for her products. Hence, option b is also correct.

As a salesperson, Angela is dedicated to informing Hans about all of the details about the KSU exercise equipment or products. Hence, option c is correct.

As acting out as a champion for Angela's product, Hans will promote the exercise equipment to convince other members of the buying center. Hence, option d is also correct.

However, Hans cannot stop Angela from meeting other members of the buying center at the home office hence option e is the only exception.

Although a part of your question is missing, you might be referring to this question:

Angela is a salesperson for KSU exercise equipment. She wants to sell deluxe exercise stations to Silver Workout Centers. Hans is the assistant regional director of Silver Workout Centers in the greater Chicago area, and is acting as a champion for Angela's product. We should expect all of the following EXCEPT:

A. Angela will engage and motivate Hans by showing him how the equipment meets Silver's needs as well as his own.

B. Hans will sell Angela's proposal at the home office in her absence.

C. Angela will provide Hans with a lot of information about her proposal and equipment.

D. Hans will be promoting the exercise equipment to other members of the buying center.

E. Hans will prevent Angela from meeting the members of the buying center at the home office

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the flexible budget performance report directs management's attention to areas where corrective action to: (check all that apply.)

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Revenue that differs substantially from the budgeted amount. costs that differ substantially from the budgeted amount.

Revenue is the result of selling goods or services in a company in a certain period. In fact, it is not only the result of sales, a company's income can also come from interest on company assets used by other parties, dividends and royalties. Everything is totaled and recorded in the company's books.

In addition, income can also be defined as costs charged to customers or consumers for the price of goods or services. Revenue is an important factor in the company because it is a benchmark for the progress or decline of a company. The greater the income, the company is considered to be more advanced, and vice versa.

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a company that deploys resources and capabilities in the procurement, production, and distribution of goods and services in at least two countries is a .

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A company that deploys resources and capabilities in the procurement, production, and distribution of goods and services in at least two countries is a multinational enterprise.

Which of the following dangers do businesses run when they go global?

Foreign exchange and political risks are the two main dangers that come with doing business internationally. It may occasionally be difficult for businesses to sustain steady and predictable revenue because of these difficulties.

Using resources and capabilities, a multinational firm (MNE) purchases, produces, and distributes goods and services in at least two nations. Many MNEs have a globalization rate of above 50%; the majority of their earnings come from markets other than their native nation.

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Suppose that this year's money supply is $600 billion, nominal GDP is $15 trillion, and real GDP is $3 trillion. and the velocity of money is The price level is Suppose that velocity is constant and the economy's output of goods and services rises by 3 percent each year. Use this information to answer the questions that follow. If the Fed keeps the money supply constant, the price level will and nominal GDP will True or False: If the Fed wants to keep the price level stable instead, it should increase the money supply by 3% next year. True False %. (Hint: The quantity equation can If the Fed wants an inflation rate of 9 percent instead, it should the money supply by be rewritten as the following percentage change formula: (Percentage Change in M) + (Percentage Change in V)= (Percentage Change in P) + (Percentage Change in Y).)

Answers

If money supply is $600 billion, nominal GDP is $15 trillion, and real GDP is $3 trillion, the price level will be $5 and the velocity of money will be 25.

Give a brief account on Gross Domestic Product (GDP).

A monetary indicator of the market worth of all the final goods and services produced and sold (not resold) in a certain time period by nations is the gross domestic product (GDP). This measurement is frequently revised before being regarded as a reliable indicator due to its subjective and complicated nature. While nominal GDP is more useful for comparing national economies on the global market, GDP (nominal) per capita does not account for variations in the cost of living and inflation rates of the various nations. As a result, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between countries. The contribution made by each industry or sector of the economy can also be calculated as a percentage of total GDP.

To solve the question :

Given,

Money supply = $600 billion,

Nominal GDP = $15 trillion,

Real GDP = $3 trillion.

a. To calculate price level :

= Nominal GDP / Real GDP

= $15 trillion / $3 trillion

= $5

b. To calculate velocity of money :

= (5 × 3 trillion) / 0.6 trillion

= 15 trillion / 0.6 trillion.

= 25

c. It should be highlighted that the price level will decrease by 3% and the nominal GDP will stay the same while the Fed maintains a steady money supply. Therefore, the Fed needs expand the money supply by 3% next year if it wants to maintain the current level of prices. So, the statement "  If the Fed wants to keep the price level stable instead, it should increase the money supply by 3% next year. " is true.

d. To solve :

Change in money supply :

= 11% + 3% = 14%

So, the Fed should expand the money supply by 14% if it prefers an inflation rate of 11%.

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