What makes codes of conduct successful in managing industrial relations in MNES is the standardization of a global code of conduct that incorporates a set of principles and missions that guide and motivate employees.
Well-structured codes of conduct are effective in creating a sense of belonging in the management of industrial relations in MNEs, bringing together across different corporate cultures the sense of unification and support of work.
Therefore, a global code of conduct will assist in guiding and strategically controlling the operations of MNEs, to ensure compliance with positive conduct practices in the global market.
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Maria is a high school senior. She wants to go to the local community college and become a nurse. Her grades are average, but she comes from a low-income family. What could she do to in order to afford the next step in her dream to become a nurse?
Answer: She could apply for Need Based Scholarships and Federal Grants
Explanation:
Maria could apply for a Need Based Scholarship. These are scholarships that are garnered towards lower income households that would otherwise be unable to fund a college education. These scholarships aim to bridge the Economic gap in the society. An example of one is the National High School Scholars Fee Waiver Program.
Another option could be Federal Grants. The Federal Government of the United States of America, offers financial help such as the Pell Grant to college students who would otherwise be unable to attend given their family's economic status . These Federal Grants have been very helpful and one can get the process started by filling out and submitting a Free Application for Federal Student Aid (FAFSA) form.
It is worthy of note that both of these options are steadily becoming more competitive as the number of people in need of them keep rising. Maria should therefore try her best to improve her grades or get involved in extra-curricular activities that would improve her eligibility.
Answer:b
Explanation:
If the internal rate of return exceeds the discount rate, then the net present value of a project is:
A) positive
B) negative
C) zero
D) one
If the internal rate of return exceeds the discount rate, then the net present value of a project is: A) positive.
What is IRR?In Project management, IRR is an abbreviation for internal rate of return and it can be defined as a metric that is typically used in financial analysis in order to estimate the profitability of all potential projects or investments for a business organization or investor.
This ultimately implies that, internal rate of return (IRR) has the ability to discount the cash in-flows and out-flows of a project to a sum that would be equal to zero (0).
In this context, we can reasonably infer and logically deduce that the net present value (NPV) of a project would be positive when the internal rate of return (IRR) exceeds the discount rate i.e the internal rate of return (IRR) is greater than the discount rate of the project.
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For most people, almost two-thirds of each work day is taken up by work and sleep. Please select the best answer from the choices provided T F
Answer:
True
Explanation:
For most people, almost two-thirds of each workday is taken up by work, and sleep is a true statement.
What is the statement?Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.
The term working day refers to the days in the working week, the span of (often five) days that are not the weekend, and when many people work. The word workday means the same thing as a working day
Therefore, By the above statement, for the t two-thirds of each work day is taken up by work and sleep is correct.
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Everything in nature is connected; _________, sea otters, sea urchins, and kelp populations all affect each other.
Everything in nature is connected; this is the concept of ecological interdependence. Sea otters, sea urchins, and kelp populations are all intertwined and have a direct impact on each other.
For example, sea otters feed on sea urchins, which are known to eat kelp. Without sea otters, the sea urchin population may grow too large, leading to overgrazing of kelp and causing a decline in the kelp population. This, in turn, can have a detrimental effect on other marine life that depend on kelp for habitat and food. Therefore, maintaining a healthy balance between these species is essential for the overall health and stability of the ecosystem. It is crucial to understand the interconnectedness of different species and their roles in the environment to make informed decisions about conservation efforts and ensure the sustainability of our planet.
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1. Suppose that incomes have fallen on average, and that the state of Florida had an extremely favorable growing season for its orange crop. How would we expect that this will affect the supply curve and why? (The supply curve can remain static, the supply curve can shift to the left, we do not have enough information to say, or the supply curve will shift to the right)
Due to severe weather and a disease that affects citrus fruit, Florida's orange harvest is anticipated to fall to its lowest level since before World War II. Orange juice costs would rise as a result of this further reducing the state's already meager supply.
Where Florida is Located?Florida is a state located in the southeast region of the United States. It is bordered by the Atlantic Ocean and Bahamas to the east and southeast, Georgia to the north, Alabama to the north and northwest, the Straits of Florida to the south, and the Gulf of Mexico to the west.
The Atlantic Ocean and the Gulf of Mexico both border this state, making it unique. With approximately 21 million residents and a land size of 65,758 square miles, Florida is the 22nd-largest state in the nation by both population and area (170,310 km2).
The Miami metropolitan area, which is funded by Florida, is the state's largest metro area even though Jacksonville is the largest city in terms of area.
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true or false losing inventory for the year ended 31 August 2018 will be closing inventory for the year ended 31 August 2019
true because they closed
What is the purpose of an intrapreneurship feasibility study?
a. determine if an idea is technically viable b. determine the first 5 years of profits c. analyze market share potential d. identify risks and mitigations
The purpose of an intrapreneurship feasibility study is to assess the viability and potential of an idea or project within an existing organization. It involves analyzing various aspects.
The purpose of an intrapreneurship feasibility study is to evaluate the potential of an idea or project within the context of an organization. It serves multiple objectives, including:
a. Determine if an idea is technically viable: The study assesses whether the proposed idea or project is technically feasible, considering factors such as available resources, technology requirements, and existing infrastructure.
b. Analyze market share potential: The feasibility study examines the market dynamics and assesses the potential market share the idea or project can capture. It helps determine if there is a demand for the proposed product or service and whether it can gain a competitive advantage.
c. Identify risks and mitigations: The study identifies potential risks and challenges associated with implementing the idea or project. It allows for the development of risk mitigation strategies to address obstacles and enhance the chances of success.
Overall, an intrapreneurship feasibility study provides a comprehensive evaluation of an idea or project, considering technical feasibility, market potential, and risk factors. Its purpose is to inform decision-makers about the viability and potential of the proposed initiative within the organization.
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Juice wrld is the best <3
Rip juice wrld:(( 999
Answer:
Juice Wrld was an excellent artist. He spoke to many with his songs and reached those who could connect to him and his struggles through his music, personally his music is catchy and sounds good. He has a unique voice and his lyrics are relatable. he will always be in our hearts we will always remember him and his songs
distinguish between centralization and decentralization, and comment on their relative advantages and disadvantages.
Centralization and decentralization are two contrasting organizational structures that dictate how authority, decision-making, and resources are managed within an organization.
1. Centralization concentrates decision-making authority at the top level of management, while decentralization distributes it throughout the organization.
2. Advantages of centralization: consistency in decision-making, quicker response to issues, easier implementation of a unified strategy.
3. Disadvantages of centralization: bureaucracy, limited employee autonomy, and reduced adaptability to local conditions.
4. Advantages of decentralization: increased employee empowerment, better adaptability to local conditions, and more efficient use of resources.
5. Disadvantages of decentralization: inconsistencies in decision-making, slower response times to company-wide issues, potential conflicts between divisions.
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Summarize the four types of caps that affect adjustable-rate mortgages
Adjustable-rate mortgages (ARMs) can be subject to different types of caps that limit the amount of interest rate change. Here is a summary of the four types of caps that can affect ARMs:
1. Initial Adjustment Cap: This cap limits the maximum amount the interest rate can change during the initial adjustment period after the fixed-rate period ends. For example, if the cap is set at 2%, the interest rate cannot increase or decrease by more than 2% during this period.
2. Periodic Adjustment Cap: This cap determines the maximum amount the interest rate can change during each subsequent adjustment period after the initial adjustment. It restricts the rate fluctuation within a specific interval, such as 1% or 2%, for each adjustment period.
3. Lifetime Cap: The lifetime cap is the maximum limit on the interest rate increase over the life of the loan. It sets an upper limit on the total interest rate change from the initial rate, providing protection to borrowers against significant rate hikes.
4. Payment Cap: Although not strictly an interest rate cap, the payment cap limits the increase in the monthly payment amount instead of the interest rate.
It establishes a maximum percentage increase in the monthly payment, typically annually or over the life of the loan, irrespective of any interest rate changes.
These caps help protect borrowers from excessive interest rate adjustments and provide stability and predictability in their monthly payments. The specific caps can vary depending on the terms of the mortgage and the lender's policies.
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X Company, which uses the gross method and a perpetual inventory system, sold $2,000 of merchandise on account with credit terms of 2/10,n/30. If the customer pays within the discount period and takes the discount, X will record a journal entry that includes ______. (Check all that apply.)
Answer.
Explanation.
20 Characters long
Discuss how you react to changes in the environment. For example, there is a change in your class schedule or a change in the price of your favorite food. Report on your reaction to changes in the environment.
-
Answer: my reaction would probably not be good
Explanation:
Define the mergers and acquisitions of Tesla and define what has the company gained?
please please pleaseee help!!
What is at least one (1) "good thing (an improvement to life as we know it) that has resulted from access to Electronic
Communication and/or the Internet?What is at least one (1) "bad" thing that has resulted from access to Electronic Communication and/or the Internet?
What is at least one (1) truly "ugly thing that can result from access to Electronic Communication and/or the Internet?
In conclusion, since both Electronic Communication and the Internet are here to stay, what can be done to use the
good, but avoid the bad and the ugly?
One good thing that has resulted from access to electronic communication and the internet is the ease and speed of communication.
What is the negative aspect?One bad thing that has resulted from access to electronic communication and the internet is the spread of misinformation and fake news. The ease with which information can be shared has led to the proliferation of false information, which can have negative consequences on individuals and society as a whole.
One truly ugly thing that can result from access to electronic communication and the internet is cyberbullying. The anonymity and distance provided by electronic communication can embolden individuals to engage in cruel and harmful behavior towards others, leading to mental health issues and even sui--cide in some cases.
To use the good but avoid the bad and the ugly, it is important to promote digital literacy and critical thinking skills.
Individuals should be taught to verify information and sources, practice empathy and kindness online, and understand the potential consequences of their actions. Platforms should also take responsibility for moderating harmful content and promoting positive online behavior.
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U
1 point
You are at the checkout counter at the local supermarket, use your debit
card to pay for your groceries, and select "credit” when the cashier asks
"Debit or credit?" Where does the money for this purchase come from? *
Your credit card company covers the cost
O It is deducted directly from your checking account
Your credit card company provides you with a cash advance to cover the cost
It is deducted from your credit card account
Answer: It is deducted directly from your checking account
Explanation:
A Debit card is linked to your bank account so when it is used, it will always be deducted directly from your checking account.
The Debit or Credit option simply refers to how the transaction will be processed. With a Debit the transaction goes through a different computer network than the Credit which goes through the Credit computer network.
Bottom-line is that debit cards are bank accounts.
6. calculating irr a firm evaluates all of its projects by applying the irr rule. if the required return is 11 percent, should the firm accept the following project?
Year 0
1
2
3
Cash Flow $168,500 86,000 91,000 53,000
To determine whether the firm should accept the project, we need to calculate the Internal Rate of Return (IRR). If the calculated IRR is greater than the required return of 11 percent, the firm should accept the project.
Should the firm accept the project if the required return is 11 percent?To determine whether the firm should accept the project, we need to calculate the Internal Rate of Return (IRR).
The IRR is the discount rate that makes the net present value (NPV) of the project equal to zero. Given the cash flows of $168,500, $86,000, $91,000, and $53,000 for years 0, 1, 2, and 3 respectively, we can calculate the IRR using a financial calculator or Excel.
If the calculated IRR is greater than the required return of 11 percent, the firm should accept the project. If it is less than 11 percent, the firm should reject the project.
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when effective leaders hear others complaining about a problem, which action would they most likely take?
When effective leaders hear others complaining about a problem, THE action would they most likely take is: To try to learn how big the problem really is.
Who is a leader?A leader is person that possess a leadership skills and help to direct and lead the people that are under him/her.
An effective Leaders does not ignore problems but they tend to learn how big the situation and try to figure and solve it.
Therefore the action would they most likely take is: To try to learn how big the problem really is.
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which of the following describes an oligopoly?
a. eight to ten firms producing 90% of the output
b. eight to ten firms producing 60 to 70% of the output
c. four firms producing 70 to 80% of output
d. one firm producing 95% of the output
An oligopoly is a market structure characterized by a small number of firms that dominate the industry. Among the options provided, the answer would be c. four firms producing 70 to 80% of output.
This is because an oligopoly typically involves a small number of firms, and four firms producing 70 to 80% of the output fits this description. Option a suggests a higher level of concentration, while option b suggests a lower level. Option d describes a monopoly, where only one firm produces the majority of the output.
In an oligopoly, the firms have significant market power and can influence prices and output levels. This can lead to competition among the firms, but also potential collusion to maintain their market dominance.
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How is net pay different from gross pay? Someone please answer in at least 4 sentences explaining! Will be marking brainiest.
Employee's gross pay is their compensation before taxes, benefits, and other payroll deductions are subtracted. After all, withholdings are removed, net pay, also known as take-home pay, is the amount left over.
What are Gross pay and Net pay?The gross pay of an employee is the amount earned before taxes, benefits, and other payroll deductions are removed from their compensation. Net pay is the amount left over after all withholdings are removed.
Your net salary, often known as your take-home pay, is the amount of money you get after all deductions. The CTC is reduced by income tax, professional tax, Public Provident Fund (PPF), and other deductions. The net wage is frequently lower than the gross wage.
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A factory is considered what type of resource?
land
labor
physical capital
human capital
A factory falls under the category of physical capital, representing tangible assets and infrastructure utilized in the production process. Option C.
Physical capital refers to the tangible assets that are used in the production process to create goods or services. These assets include machinery, equipment, buildings, vehicles, and infrastructure. They are essential resources that contribute to the production capacity and efficiency of a business or organization.
A factory is a prime example of physical capital as it represents a dedicated space or facility equipped with machinery, tools, and equipment designed for manufacturing or production activities. It provides the necessary infrastructure and resources for transforming raw materials into finished products.
Factories typically house specialized equipment and machinery specific to the industry or production process they serve. This physical capital enables businesses to carry out mass production, streamline operations, and achieve economies of scale.
Physical capital is an important factor of production alongside other resources such as land, labor, and human capital. It plays a crucial role in enhancing productivity, output, and overall economic growth.
Effective management and investment in physical capital can lead to improved efficiency, cost reduction, and technological advancements in production processes.
In summary, a factory is categorized as physical capital, representing the tangible assets and infrastructure used in the production process. So Option C is correct.
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which leadership approach is likely to backfire when group members lack the skills or training to work autonomously?
When group members lack the abilities or training to work autonomously, laissez-faire is prone to backfire.
What is laissez faire?A laissez-faire economic system prohibits any type of economic intervention (such as subsidies) originating from special interest groups in transactions between private groups of people.
The essential tenets of laissez-faire are as follows: each individual has an inherent right to freedom; the natural order of things is a peaceful, self-regulating system; and the individual is the basic unit of society and the standard of measurement in social calculus.
Market competition should be spontaneous and unforced, according to another fundamental premise of laissez-faire, which was consistently highlighted by the movement's early proponents.
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how does the Competition Commission regulate competition in South Africa
Answer:
The commission can negotiate agreements with any regulatory authority to coordinate and harmonies the exercise of jurisdiction over competition matters within the relevant industry or sector, and ensure the consistent application of the principles of the act also, The Competition Commission (the Commission) is committed to promoting a competitive environment that is conducive to free flow of trade, efficiency and innovation that brings more choices and better quality and prices of goods and services to consumers.
Explanation:
Sonic Corp. produces sportwear and operate retail stores in Hong Kong, Vietnam and Italy. There are three companies established under Sonic Corp.: Sonic (Hong Kong) Co., Sonic (Vietnam) Co. and Sonic (Italy) Co. All invested capital decisions have to be submitted to Sonic Corp. for approval. The manufacturing function is located in Vietnam. Finished goods are transported to Hong Kong and Italy for sale.
The group has six divisions: research and development, product/ process design, production, marketing, distribution, and customer services. All the upstream and midstream activities are conducted in Vietnam. For downstream activities, they are taken care by retail stores operated in each of the regions.
Sonic Corp. is structuring its performance measures with following objectives for coming year.
1. Increase market share
2. Provide excellent service to customers
3. Establish competitive edge in product and process innovations
4. Develop efficient production processes with latest information technology
Sonic Corp. conducts "centralized budgeting" without employee participation. Employees are evaluated based on whether they are able to achieve the budget assigned. The Chief Executive Officer is considering whether to introduce "decentralized budgeting", inviting employees to participate in budgeting.
REQUIRED:
(a) How "centralized budgeting" could demotivate employees of Sonic Corp.? (b) Identify and explain the nature of responsibility center for (i) production division (ii) Sonic (Hong Kong) Co. What is the concept that support responsibility center management?
(c) Suggest TWO financial performance measures for Sonic (Vietnam) Co.
(d) Suggest ONE non-financial performance measures under each objective.
(e) Elaborate how ONE of the six divisions could support the performance measure suggested in (d) to achieve each of the above objectives
(a) Centralized budgeting can demotivate employees at Sonic Corp. by limiting their participation in the process, making them feel disconnected and reducing their sense of ownership and commitment.
The lack of employee participation can lead to reduced motivation, as employees may perceive their efforts as less meaningful or influential in achieving the budget goals. Additionally, centralized budgeting may not consider the valuable insights and knowledge that employees possess, resulting in less accurate and realistic budget targets.
Determine how the centralized budgeting?With centralized budgeting, the decision-making power lies solely with Sonic Corp., and employees are not actively involved in setting budget goals or providing input. This approach can create a sense of disempowerment among employees, as they are not given the opportunity to contribute their ideas and suggestions.
As a result, employees may feel less motivated to work towards the budget targets since they were not involved in the decision-making process. Furthermore, when employees are not engaged in the budgeting process, they may lack a sense of ownership and commitment towards achieving the budget goals, leading to reduced motivation and performance.
(b) (i) The nature of responsibility center for the production division of Sonic Corp. is a cost center. The production division is responsible for manufacturing and production processes. Its performance is evaluated based on cost efficiency, quality control, and meeting production targets. The concept that supports responsibility center management in this case is cost control, as the production division's objective is to achieve efficient production processes.
A cost center focuses on controlling and minimizing costs while delivering the desired level of output or service. The production division in Sonic Corp. is primarily concerned with managing costs associated with manufacturing operations, ensuring efficient utilization of resources, and optimizing production processes.
Its responsibility is to produce goods in a cost-effective manner while maintaining quality standards.
(ii) The nature of responsibility center for Sonic (Hong Kong) Co. is a profit center. Sonic (Hong Kong) Co. operates the retail stores in Hong Kong and is responsible for generating revenue and maximizing profitability. Its performance is evaluated based on sales revenue, gross profit margin, and overall profitability.
A profit center is responsible for both generating revenue and managing costs to achieve profitability. Sonic (Hong Kong) Co. operates the retail stores and focuses on driving sales, managing inventory, and controlling expenses to maximize profits.
(c) Two financial performance measures for Sonic (Vietnam) Co. could be:
(i) Return on Investment (ROI): This measure evaluates the profitability of Sonic (Vietnam) Co.'s investments by comparing the net profit generated to the invested capital. It provides insights into the efficiency and effectiveness of capital utilization.
(ii) Gross Profit Margin: This measure assesses the profitability of Sonic (Vietnam) Co.'s operations by determining the percentage of revenue remaining after deducting the cost of goods sold. It indicates the company's ability to generate profit from its products or services.
(d) Non-financial performance measures for each objective:
(i) Increase market share: Customer satisfaction index, which measures the level of satisfaction among Sonic Corp.'s customers and indicates the company's ability to attract and retain customers.
(ii) Provide excellent service to customers: Customer retention rate, which measures the percentage of customers who continue to purchase from Sonic Corp. over a specific period. It reflects the company's ability to maintain customer loyalty and satisfaction.
(iii) Establish competitive edge in product and process innovations: Number of new product launches, which measures the frequency of introducing innovative products to the market. It reflects Sonic Corp.'s commitment to staying ahead of competitors through continuous product development.
(iv) Develop efficient production processes with the latest information technology: Production cycle time, which measures the time taken to complete the entire production process from start to finish. It indicates the efficiency of Sonic Corp.'s production operations and the effectiveness of integrating information technology.
(e) The research and development division could support the objective of establishing a competitive edge in product and process innovations. By investing in research and development activities, such as market research, trend analysis, and technological advancements, the division can identify customer needs, drive product innovation, and enhance production processes.
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Fill The Blank? after a recrystallization, a pure substance will ideally appear as a network of______. ______ . if this is not the case, it may be worthwhile to reheat the flask and allow the contents to cool more choose... .
After a recrystallization, a pure substance will ideally appear as a network of LARGE CRYSTALS. If this is not the case, it may be worthwhile to reheat the flask and allow the contents to cool more SLOWLY.
The idea underlying recrystallization is that when temperature rises, a solvent can dissolve a greater amount of solute. In recrystallization, a solution is formed by dissolving a solute in a solvent at or near its boiling point. Since the solute is significantly more soluble in the solvent at this high temperature, less hot solvent is required than when the solvent is at normal temperature. The amount of solute that is still dissolved dramatically decreases as the solution is cooled after contaminants that are insoluble have been removed. The solution is saturated at the lower temperature and with a significantly lower solute concentration.
The recrystallization process consists of five main steps: dissolving the solute in the solvent; performing a gravity filtration, if necessary; acquiring the solute crystals; collecting the solute crystals by vacuum filtration; and, finally, drying the crystals that are produced.
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aetna the application date is the date you received the completed enrollment form from the beneficiary
The application date for Aetna is the date when the completed enrollment form is received from the beneficiary. This means that Aetna considers the date of receiving the form as the application date. Let's break down the process step-by-step:
1. The beneficiary completes the enrollment form, providing all the required information.
2. The completed form is then submitted to Aetna.
3. Aetna receives the form and acknowledges the receipt.
4. The date of this receipt is considered the application date.
It's important to note that the application date is significant because it determines various timelines and deadlines related to the enrollment process.
For example, it may impact the effective date of coverage or the deadline for submitting additional documentation.
In summary, the application date for Aetna is the date when Aetna receives the completed enrollment form from the beneficiary. This date is important for processing and determining timelines related to coverage.
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Which examples demonstrate workplaces common to Management workers? Check all that apply. Lamont has a separate office with a door so he can discuss confidential information with employees. India works from home all the time at a small desk in her kitchen and does not interact with others very often. Zoe frequently travels to the different locations of her large company to meet with the workers she supervises. Mickey sits at a desk out in the open in a busy office environment and is responsible for greeting new visitors.
Answer:
a and c
Explanation:
.
Lamont has a separate office with a door, so he can discuss confidential information with employees and Zoe frequently travels to the different locations of her large company to meet with the workers she supervises are the examples demonstrate workplaces common to Management workers. Hence, options A and C are correct.
What is Management workers?A general manager, business manager, administrator, director, or other person who has operational or managerial control over, or who directly or indirectly manages, the day-to-day operations of a facility, organization, or agency is referred to as a managing employee.
Top-level managers, middle managers, first-line managers, and team leaders are the four most typical categories of managers. These positions differ not only in terms of their daily duties but also in terms of their overall role within the company and the types of personnel they supervise.
To accomplish particular objectives, managers plan, organize, direct, and control resources. The best strategy to accomplish their goals is determined throughout the planning process. In order to execute the company's strategy, resources must be allocated.
Thus, options A and C are correct.
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What is the MOST likely result of imposing a price ceiling on a particular product?
Answer:
Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.
which type of loan typically has a lower interest rate?
Can someone hurry and help me please!! If you answer be at least 99% sure. Thank you!
What is a likely result of an increase in trade between nations?
A. It will provide consumers with more choice at lower prices.
B. It will increase the cost of goods due to increased competition.
C. It will lower the standard of living in the weaker trade nation.
D. It will restrict the market for domestic products.
Answer:
The answer is A. It will provide consumers with more choice at lower prices.
Explanation:
Option (a), which will give customers more choices at a reduced cost, is the best choice.
What is a likely outcome of an increase in international trade?Trade allows for the expansion of markets and access to products and services that might not otherwise be available locally. The competitiveness in the market has increased as a result of global trade. The cost of the final product for the consumer is reduced as a result of increased pricing competition.
Because it promotes market specialization, fosters innovation, and decreases the cost of commodities globally, trade is crucial for maintaining a competitive global economy. A further benefit of trade is having access to goods and services that may be more affordable and of higher quality than those that are provided domestically.
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If a bond is trading at a premium, what is the relationship between the bond's coupon rate, current yield and yield to maturity?
Bonds acquired at premiums often have lower yields to maturity than bonds purchased at market rates. This is further explained below.
What is a bond?Generally, Bonds are financial securities that reflect loans made to the issuer by the bondholders themselves. When it comes to borrowing money, governments (at all levels) and companies (of all sizes) often turn to bonds.
In conclusion, If you buy a bond at a discount, the yield to maturity will be lower than its coupon rate.
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