Answer the question using the accompanying cost ratios for two products, fish (F) and chicken (C). In countries Singsong and Harmony. Assume that production occurs under conditions of constant costs and that these are the only two nations in the world Singsong: 1F = 20 Harmony. 1F -40 1:42 In Singsong the domestic real cost of each chicken Multiple Choice is fish is 2 increases with the level of fish caught decreases with the level of fish caught

Answers

Answer 1

Each chicken costs half a fish in Singsong, according to domestic prices.

What is global commerce?

Economic exchanges between nations are referred to as international trade. Consumer products, such as televisions and apparel, as well as capital goods, like machinery, raw materials, and food are among the commodities that are frequently traded. Other transactions involve services, like payments for travel and foreign patents. International financial payments, which are made between trading nations' central banks and the private banking sector, facilitate the transactions of international trade. The three categories of international trade are export, import, and entrepreneurial trade. Trade exports. When products made in one nation are bought by citizens of another, this is known as export commerce.

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Answer 2

According to local rates, a chicken in Singsong costs half as much as a fish.

What is international trade?

International trade is the term used to describe international economic transactions. Among the commodities that are often exchanged are consumer goods like televisions and clothing as well as capital goods like machinery, raw materials, and food.

Services are involved in other transactions, such as payments for travel and foreign patents. The transactions of international trade are facilitated by international financial payments, which are made between the central banks of trading nations and the private banking sector. Export, import, and entrepreneurial trade are the three types of international trade. exports for trade. Export trade is the buying and selling of goods created in one country by residents of another.

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Related Questions

A permanent mortgage: O has a term of at least 20 years O is used to finance the purchase of existing properties O cannot be prepaid in any circumstances O none of the above

Answers

A permanent mortgage has a term of at least 20 years. The purchase of homes and other real estate is made possible through mortgage loans.

A mortgage is a sort of loan used to buy or maintain a home, a plot of land, or other real estate. The borrower commits to paying the lender over time, usually in a series of regular instalments that are split into principal and interest. As security for the loan, the property is then used.

In order to qualify for a mortgage, a borrower must submit an application through their preferred lender and make sure they satisfy a number of standards, including down payments and minimum credit scores. Before they are closed, mortgage applications must pass a thorough underwriting process. Different mortgage products, including fixed-rate and conventional loans, are available depending on the borrower's needs.

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Jaheem, who owns a hardware store, uses an income statement to show his revenue and expenses over the past three years to potential investors.
True or False

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A three-year income statement is used by Jaheem, the owner of a hardware store, to show prospective investors his earnings and outlays. It's untrue what they say.

A statement of income is what?The income statement is one of the three essential financial statements that are used to assess a company's financial performance over the course of a specific accounting period. The balance sheet and the cash flow statement are the two additional crucial statements.The income statement's primary subjects are the revenue, expenses, profits, and losses a company incurred over a certain time period. An income statement, also known as the profit and loss (P&L) statement or the statement of sales and expenses, provides crucial details about a company's operations, the efficiency of its management, underperforming industries, and its performance in relation to peers in the same industry.

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TMA manufactures 37-in. high definition LCD televisions in two separate locations, Locations I and II. The output at Location I is at most 6000 televisions/month, whereas the output at Location II is at most 5000 televisions/month. TMA is the main supplier of televisions to the Pulsar Corporation, its holding company, which has priority in having all its requirements met. In a certain month, Pulsar placed orders for 3000 and 4000 televisions to be shipped to two of its factories located in City A and City B, respectively. The shipping costs (in dollars) per television from the two TMA plants to the two Pulsar factories are as follows.
To Pulsar Factories
From TMA City A City B
Location I $6 $3
Location II $7 $10
TMA will ship x televisions from Location I to city A and y televisions from Location I to city B. Find a shipping schedule that meets the requirements of both companies while keeping costs to a minimum.
(x, y) = What is the minimum cost?
$

Answers

In easy terms, delivery charges are the fees for the movement of cargo from Point A to Point B. Depending on the kind of contract, a couple of aspects may additionally be included in the transport costs.

Are transport costs by way of dimension or weight?

All main carriers use a pricing technique called dimensional weight (also referred to as DIM weight) to calculate shipping rates. Dimensional weight takes into account the size of a package to determine the delivery cost.

Use flat-rate delivery where possible—flat-rate transport will almost always be the pleasant fee for money, especially for domestic delivery. Flat-rate shipping potential that you can predict expenditures greater accurately. No matter what sort of parcel you have or what dimensions or weight it is, the charge will usually be the same.

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True or False: Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center

Answers

True - Load reports show capacity requirements for departments or work centers which may be more or less than the capacity available in that work center.

In arithmetic, the capability of a hard and fast in Euclidean area is a degree of the "length" of that set. in contrast to, say, Lebesgue degree, which measures a fixed's extent or bodily extent, ability is a mathematical analogue of a set's potential to preserve electric price. more exactly, it's miles the capacitance of the set: the overall rate a fixed can maintain even as retaining a given capacity electricity. The capacity strength is computed with appreciate to an idealized ground at infinity for the harmonic or Newtonian potential, and with recognize to a surface for the condenser capacity.

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When current government expenditures exceed current tax revenues and the economy is achieving full employment: A. the cyclically adjusted budget has neither a deficit nor a surplus. B. the cyclically adjusted budget has a deficit C. fiscal policy is contractionary D. the cyclically adjusted budget has a surplus

Answers

When current government expenditures exceed the current tax revenues and economy is achieving full employment fiscal policy is contractionary.

What is fiscal policy?

In economics and political science, fiscal policy refers to the use of government tax collection and expenditure to influence a nation's economy. Due to the impracticality of the previous laissez-faire approach to economic management during the Great Depression of the 1930s, the use of government revenue expenditures to influence macroeconomic variables was developed. Fiscal and monetary policy are largely used by a nation's government and central bank to further its economic objectives. The combination of these measures enables these agencies to target inflation and increase employment. Additionally, it tries to maintain GDP growth at 2%–3% and unemployment rates near the natural unemployment rate of 4%–5%. This implies that fiscal policy is used to maintain economic stability over the course of the business cycle.

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Read the statements below carefully, and decide whether it is true or false. And then explain your answer (whether "true " or "false").
a.) If interest rates increase, then investment expenditures by firms will tend to increase also.
b.) If an economy is experiencing cost-push inflation, then its real GDP will tend to be rising in the short run. Describe in words the shift that would happen in the SRAS-AD graphs, to support your answer.

Answers

This statement is false because Investment is inversely correlated with interest rates and is dependent on real interest rates.

Therefore, if interest rates rise, investment tends to decline because it is now more expensive for businesses to borrow money, making investment less profitable.

b) False. As costs rise, aggregate supply declines and the supply curve moves to the left, raising prices and lowering real GDP in the economy as a whole.

What is inflation?

Inflation is an increase in an economy's overall level of prices for goods and services. Each unit of currency may purchase fewer products and services as the general price level rises; hence inflation is associated with a decline in the purchasing power of money.

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An economy is in short-run equilibrium at a level of output that is greater than potential output. If there were no active fiscal or monetary policy intervention, which of the following changes in output and the price level would occur in the long run? Output Price Level (A) Increase Decrease (B) Increase Increase (C) Decrease Decrease (D) Decrease Increase (E) No change No change

Answers

An economy is in short-run equilibrium and there were no active fiscal or monetary policy intervention, the output will increase and the price level would decrease occur in the long run. Option A is correct.

What is economy?

An economy is a collection of interconnected processes of manufacturing and consumption that eventually decide how resources are distributed within a community. The whole production and use of goods and services meets the demands of those residing in and using it.

The science of economy focuses on the analysis of resource scarcity. It examines variables that have an impact on how products and services are produced, distributed, and consumed in an economy. It investigates how people, businesses, and governments distribute limited resources.

Therefore option A is correct.

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A company bought a new machine for its warehouse on January 1: • Paid $10,000 in cash • Financed the rest of the purchase price via a $30,000 5-year note • Incurred a separate $2,000 setup charge Monthly depreciation is $500 ($6,000 annual). What's the book value of the new machine on December 31? $9,500 $24,000 $34,000 $36,000

Answers

Cost of property encompass fees incurred until asset is positioned to use. In this example book value will include coins paid quantity financed and setup expenses incurred. $36000 is the correct answer!  

The required details about book value is mentioned in below paragraph.

In accounting, book value is the cost of an asset in keeping with its stability sheet account stability. For property, the cost is primarily based totally at the authentic fee of the asset much less any depreciation, amortization or impairment fees made in opposition to the asset The book value actually means the cost of a commercial enterprise in keeping with its books or accounts, as pondered on its monetary statements. Theoretically, it's far what buyers could get in the event that they offered all of the company's property and paid all its money owed and obligations.

Computation of Book Value of machine on Dec 31    

Cash paid for machine  $             10,000.00    

Note payable signed for machine  $          30,000.00    

Setup Charges incurred for machine  $          2,000.00    

Total Cost                                          $          42,000.00    

Less: Depreciation for the year          $          6,000.00    

Book value of machine on dec 31  $          36,000.00    

      $36000 is the correct answer!  

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Digital marketing strategy is
-The selection of digital marketing tactics and the allocation of marketing budget across those digital tactics
-The production of digital advertisements that are shared on social media and on webpages
-The implementation of marketing tactics on the internet
-None of the above

Answers

Digital marketing strategy is option C:The implementation of marketing tactics on the internet.

Digital marketing strategy: what can it be?

An internet presence can be built using online channels including social media, paid search, organic search, and other web-based mediums like your website. A digital marketing strategy is a plan for doing this. Before creating content with CTAs that direct people toward a purchase, first develop your primary ads and service offerings.

Digital marketing is the process of promoting material, videos, goods, services, etc. through affiliate marketing, social media marketing, email marketing, and other online and offline channels.

Therefore, An evaluation of specific objectives that are feasible through online channels is part of digital marketing strategy. A successfully implemented digital marketing plan can be essential to the success of an organization in a time when many consumers conduct business on their mobile devices.

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Lauren contributed $7,200 before-tax to her 401(k). If Lauren has a 24 percent marginal rate, her after-tax cost of the contribution is $__.

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Lauren contributed $7,200 before tax to her 401(k). If Lauren has a 24 percent marginal rate, her after-tax cost of the contribution is $5,472.

What is the Marginal Tax Rate?

The amount of additional tax paid for each new dollar of income received is known as the marginal tax rate. Total taxes paid divided by total income earned is the average tax rate. With a marginal tax rate of 10%, tax would be deducted from the following dollar of income at a rate of 10%.

You must determine the additional tax on the new income in order to get the marginal tax rate on the investment. $500 will be taxed at 15% and $500 at 25% in this scenario. This results in a tax of $200, which, when applied to an income of $1,000, results in a marginal tax rate from that investment of $200 divided by $1,000, or 20%.

According to the given information:

7,200 X (2) .24= 1,728

7,200 - 1,728= $5,472

So, the after-tax cost of the contribution is $5,472.

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Resource bottlenecks are one of the three more common problems encountered in managing multiproject resource schedules. Select one: O True O False

Answers

As from the inferred paragraph we can say that the given statement is TRUE as resource bottlenecks are one of the three more common problems encountered in managing multi-project resource schedules.

What is Resource bottlenecks?

Resource bottlenecks are a common problem encountered in managing multiproject resource schedules. A resource bottleneck occurs when a project team lacks the necessary resources (e.g., personnel, equipment, materials) to complete the work on time.

This can lead to delays in project schedules, as the team must wait for the resources to become available before they can continue with their work. To manage resource bottlenecks, project managers may need to prioritize projects, allocate resources more efficiently, or find ways to increase the availability of resources.

Other common problems encountered in managing multiproject resource schedules include resource conflicts (when multiple projects compete for the same resources) and resource leveling (balancing the use of resources across multiple projects to avoid overloading or underutilizing them).

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Current liabilities _____ operations, including short-term notes payable and dividends payable are categorized as financing activities.

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No, current liabilities are not categorized as financing activities. Current liabilities are categorized as operating activities. Financing activities refer to activities that raise capital for an organization, such as issuing debt and equity, paying out dividends, or obtaining loans and lines of credit.

Short-term notes payable and dividends payable are both types of current liabilities that can be classified as financing activities. Dividends payable are funds that a company has committed to pay to shareholders, usually in the form of cash distributions. Both of these activities involve spending money that has been borrowed or invested, which is why they are categorized as financing activities.

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withholding part of a message because of the mistaken belief that the receiver does not need all of the information is called .

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Withholding part of a message because of the mistaken belief that the receiver does not need all of the information is called filtering.

How does communication become filtered?

The message we're trying to impart may be filtered by something by erasing, changing, or generalizing it. And every single conversation has filters for the sender and the receiver.

Why is it vital to filter communications?

Filters used by the recipient affect how the message is interpreted. There is a twofold potential of misunderstanding because of the two sets of filters in communication. For lessening the likelihood of misunderstanding, it's crucial to be aware of your filters and be able to change to them as a sender and a receiver.

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Question 1 (1 point) On May 1, 2022, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1,500 units during the month for $12 per unit. Heineken uses the average-cost method. The average cost per unit for May is O $7.00. O $7.50.O $7.60. O $8.00.

Answers

On May 1, 2022, Heineken Company had 300 units of initial inventory at a $7 per unit cost. The average price per unit for the 20 selections in May is $8.00.

Starting Inventory: What Does It Mean?

The total dollar value of stock products that are available for use or sale at the start of an accounting period is referred to as commencing inventory. Beginning stock, also referred to as commencing stock, is the same as ending stock from the previous accounting period.

Stock, often known as inventory, refers to the goods and materials that a business keeps on hand with the intention of reselling, producing, or using them later. Usually, stock control refers to a discipline that generally specifies the number and location of stocked commodities.

Inventory is the collective term for all the materials, supplies, items, and things that a company keeps on hand in order to sell them to customers and turn a profit. If a newspaper distributor employs a vehicle to deliver newspapers to customers, for instance, then merely the newspaper might be regarded as inventory. The four most typical forms of inventory, though there are many others, are raw materials and additives, work-in-progress, finished goods, and maintenance, repair, and functional resources.

[(300 × $7) + (400 × $7) + (600 × $8)] ÷ 1,500 = $7.50; [($12 - $7.50)] × 1,000 = $8.00.

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indicate the best measure to evaluate performance of a manager(s) for each responsibility center: cost centerindicate the best measure to evaluate performance of a manager(s) for each responsibility center: cost center. True or false

Answers

True. Cost centers show the most accurate way to assess a manager's effectiveness in each area of responsibility.

What is a manager's job description?

Brings in, selects, onboards, and trains new hires to manage staff. ensures the workplace is kept safe, secure, and compliant with the law. provide opportunities for personal growth. Management can accomplish their objectives for their workers through defining, tracking, and evaluating job outputs as well as communicating work standards.

What is the skill of a manager?

A few of the skills that make up administration are leadership climate, strategic planning, decision-making, and issue. Equally important were the opportunity to make decisions and then being valued at work. Executives organize, organize, and direct means to implement specific goals. During strategy, they choose the optimal strategy and establish objectives.

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If advertising makes consumers more loyal to particular brands, it could ........................... the elasticity of demand and ........................... the markup of price over marginal cost.
a. increase, increase
b. increase, decrease
c. decrease, increase
d. decrease, decrease

Answers

It could increase the elasticity of demand and the increase markup of price over marginal cost.

Advertising can make consumers more loyal to particular brands, as it can create a positive brand image for the company. If there is an increase in loyalty to a brand, the demand for that particular brand will also increase. This will in turn lead to an increase in the elasticity of demand.

The markup of price over marginal cost is the difference between the price the company charges for a product and the cost of producing one unit of the product. When demand for a particular brand increases, this will also lead to an increase in the markup of price over marginal cost. This is because, with an increase in demand, the company can charge a higher price for its products due to the increased demand.

Therefore, if advertising makes consumers more loyal to particular brands, it will increase the elasticity of demand and also increase the markup of price over marginal cost.

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in the circular-flow diagram, if Jane is an employee who delivers packages for fedex, she participates in the markets for ___
A) factos of prodcution exchanging packages for revenue
B) goods and sercvices exchanging packages for wages, rent, and profit
C) goods and services exchanging for labor for service
D) factos of prodcution exchanging labor for income

Answers

FedEx Services provides sales, marketing, information technology, communications, customer service, technical support, billing and collection services, and certain back-office.

What is a pull based strategy?Pull strategy is inventory management that reacts in real time to current consumer demand. Push strategy, which creates inventory ahead of anticipated consumer demand based on projections, seasonal demand planning, and historical trends, is frequently contrasted with it.A technique of marketing in which a business invests time and money to promote products to customers directly in the hopes that they will desire to purchase them: Using a pull technique necessitates thorough market understanding.The goal of the pull marketing strategy is to increase the number of consumers who want to purchase a specific good. To encourage stores to stock a product, it frequently involves persuading a buyer to actively seek it out.The package shipping industry is dominated by a few large competitors: us postal service, FedEx, and ups. this is an example of Pure competition.

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2. Problems and Applications Q2A small town is served by many competing supermarkets, which all have the same constant marginal cost.Use the black point (plus symbol) to show the competitive price and quantity in this market. Then use the green area (triangle symbol) to shade the area representing consumer surplus in the market for groceries, and use the purple area (diamond symbol) to shade the area representing producer surplus.Now suppose that the independent supermarkets combine into one chain. Use the black point (plus symbol) to show the profit-maximizing monopoly outcome. Then use the green area (triangle symbol) to shade the area representing consumer surplus in the market for groceries, and use the purple area (diamond symbol) to shade the area representing producer surplus. Finally, use the black area (plus symbol) to shade the area representing deadweight loss.Which of the following statements is true about the changes that occur after the supermarkets merge? check all that apply. O the market quantity decreases. O total surplus remains unchangedO producer surplus fallsO consumer surplus fallsO the market price decreases.

Answers

The customer overflow lies just beneath the interest bend (the descending inclining bend) and the maker excess is over the marginal cost.

What is marginal cost?

In administration bookkeeping, the possibility of minimal expense is urgent because expanding yield through economies of scale inside an organization might be utilized.

By delivering where marginal cost  (MC) rises to negligible income, a business might improve its profit (MR).

Since fixed costs are fixed paying little mind to yield levels, bigger creation spreads the all-out fixed cost over additional units, bringing about a lower fixed cost for each unit.

Creation levels influence variable expenses, hence expanding the number of units will build those expenses.

Organizations should know that developing results leads to sync costs due to changes in significant reaches (i.e., extra apparatus or extra room required).

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on april 1 a company sells a 5-year, $60,000 bond with a 7% stated interest rate. the market interest on that day was also 7%. if interest is paid quarterly, the company makes interest payments of .
Group of answer choices
$1,050
$3,150
$4,200
$5,250

Answers

If interest is paid quarterly, the company makes interest payments of $1,050.

Interest rate is that the quantity charged over and on top of the principal quantity by the investor from the receiver. In terms of the receiver, an individual who deposits cash to any bank or financial organization additionally earns further financial gain considering the value of cash, termed as interest received by the investor.

For a loan, the market rate is that the average rate of interest which will be charged to the receiver from a spread of suppliers. To the capitalist, the market rate is that the average rate of interest gained from all or a definite set of investment vehicles that ar on the market on the open market.

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Indicate whether each of the following transactions would increase (+), decrease (-), or not affect (N/A) total assets, total liabilities, and total stockholders equity.

Answers

An agreement between a buyer and a seller to exchange products, services, or financial assets in exchange for money is a transaction.

What are the types of transactions?Financial transactions in a business typically fall into one of four categories. Sales, purchases, receipts, and payments are the four sorts of financial transactions that have an effect on the firm.

What are the effects of the transaction?

Transaction               Total Assets      Total Liabilities     Total Stockholders          

                                                                                                        Equity

(a) Declared cash

dividend.                         Not affect               Increase                Decrease

(b) Paid cash

dividend declared(a)      Decrease                Decrease                 Not affect  

(c) Declared stock

dividend.                          Not affect              Not affect                  Not affect  

(d)Distributed stock

dividend declared in (c)   Not affect             Not affect                 Not affect  

(e)Split stock 3-for-1.          Not affect             Not affect                Not affect    

An agreement between a buyer and a seller to exchange products, services, or financial assets in exchange for money is a transaction.

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___ is an expensive way to finance a new business. a. credit b. credit grants c. grants loans d. loans investments d. investments

Answers

Answer:

hope this helps

Explanation:

the freaken award is ......................................................... c

which of the following is true of a corporation? it is an artificial being, existing only in contemplation of law. directors of a corporation as a group do not represent the corporation as agents. stockholders perform all the administrative functions of the corporation. stockholders directly control the day to day activities of a corporation. g

Answers

Dividend payments received by shareholders are taxed at a shareholder's rate in addition to the income tax paid by corporations on their profit.

What defines as a corporation?

Every organization uses the name corporate is one in which shareholders elect a board of directors to oversee its operations. The organization, not the investors, is in charge of a company's activities and financial situation.

What is a corporation vs a company?

The term "corporation" designates a specific organizational setup that renders a business a distinct legal person of its owners. Corporations carry out the fundamental duties of a business, such as producing and dispensing products and services, and frequently do so on a much bigger scale.

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if policy makers use fiscal policy to reduce inflation, which of the following will most likely happen in the short run?

Answers

If policy makers use fiscal policy to reduce inflation, the unemployment rate will increase.

What do you mean by Policy?

A policy is an official decision made by a group of people, a commercial organization, the government, or a political party about a certain course of action.

The government could implement a contractionary fiscal strategy to fight inflation. In this situation, it might try to lower overall spending by increasing taxes and reducing spending on the government. Many economists contend that the Federal Reserve's monetary policy is more effective at containing inflation than other strategies.

Inflation control is the aim of contractionary fiscal policy. Consequently, the instruments would be a cut in government spending or a hike in taxation.

Therefore, The unemployment rate will increase.

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Channel structure management includes decisions regarding the use of outsourcing,
channel inventories, ____________, and channel structure.
a. cash to cash management b. information systems c. order cycle d. KPIs

Answers

Channel structure management includes decisions regarding the use of outsourcing, channel inventories, information systems, and channel structure.

What is meant by Channel structure management ?

The process by which a delivery chain's network of participating intermediaries is built to carry out the necessary tasks in order to fulfill the distribution aims and objectives of an organization. The term "channel management" refers to a business' involvement operations involving the choice, facilitation, and payment of indirect channel partners.

It consists of the channel structure your company use to move goods from the manufacturer to the consumer. Your channel architecture, for instance, might start with the producer, who then sends the goods to a wholesaler, who then sells it to retailers, who finally give it to customers.

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You have been chosen to serve as a member of the committee that will select finalists for the Malcolm Baldrige National Quality Award established by the U.S. Congress.
​
Required:
Which of the following companies would you select as one of the finalists for the award?​
a. ​a company that ranks high on customer satisfaction
b. ​a company with low employee turnover rates
c. ​a company with high market share
d. ​a company that is typically referenced as a benchmark partner
e. ​a company that has received the ISO 9001:2008 certification

Answers

I would select ​a company that is typically referenced as a benchmark partner as one of the finalists for the  Malcolm Baldrige National Quality Award established by the U.S. Congress.

Since the objective of the award is to promote sound management.Hence, the right option is d.) a company that is typically referenced as a benchmark partner

The U.S. Congress established the Malcolm Baldrige National Quality Award (MBNQA) in 1987 to promote quality management and honour American businesses that have successfully adopted quality management systems. The medal is the highest presidential recognition for performance excellence in the country.

The Malcolm Baldrige National Quality Award honours the late secretary of commerce and proponent of quality management. The award is managed by the National Institute of Standards and Technology of the U.S. Department of Commerce, and it is administered by ASQ.

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You recently purchased 100 shares of stock $15 per share. The stock is now worth $20 per share, and it paid $2 dividend during the time you held it. You rate of return on the stock is closest to what percent? -20%, 33%, 35%, or 47%

Answers

Purchase Stock may not be less than 50% of the Fair Market Value of the Common Stock on the date such Purchase Stock is offered.

What is a Stock Dividend?

A stock dividend is a dividend payment given in the form of shares rather than cash, and is a strategy employed by firms to disperse wealth to shareholders. When the business has a limited amount of liquid cash on hand, stock dividends are typically distributed in instead of cash dividends.

The timing and format of a stock dividend declaration and payment are determined by the board of directors. A stock dividend is similar to a cash dividend in that it does not boost shareholder wealth or market capitalization.

Although it raises the number of shares a corporation has outstanding, the price per share must fall in tandem. Why the share price must fall if more shares are issued is explained by the fact that a company's market capitalisation stays the same.

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Adam Smith explained that the purpose of Government was to facilitate the market and, therefore, it should have a very ________ role in an efficient market system.
A) strong
B) limited
C) high
D) all of the above

Answers

Adam Smith explained that the purpose of Government was to facilitate the market and, therefore, it should have a very B) limited role in an efficient market system.

Adam Smith was one of the first philosophers of his time to declare that wealth is created through efficient hard work and that self-interest motivates humans to put their sources to great use. He argued that earnings flowed from capital investments and that capital received was directed to in which the most profit may be made.

Smith believed that monetary improvement turned into first-class fostered in surroundings of free opposition that operated in accordance with well-known “natural laws.” because Smith's turned into the most systematic and complete take look at economics up till that point, his monetary thinking became the idea for classical economics.

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which of the following is the best example of a firm operating in a monopolistically competitive market? group of answer choices a kansas wheat farmer. tgi fridays, a family restaurant. u.s. postal service. boeing, an aircraft manufacturer

Answers

The best example of a firm operating in a monopolistically competitive market is: C. a family restaurant.

What is monopolistically competitive market?

A monopolistically competitive market can be defined as the market that tend to sell similar product  but in which the product of some of them are slightly differentiated and this companies compete against each others.

Restaurants tend to  operate in a monopolistically competitive market based on the fact that  there are many restaurants that sell  similar products but in which  one of the  restaurant are a little differentiated from those of other restaurants.

Therefore the correct option is C.

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if real gdp in a small country in 2021 is 8 billion and real gdp in the same country in 2022 is 8.3 billion the growth rate of real gdp between 2021 and 2022 is

Answers

If a tiny country's real GDP is $8 billion in 2021 and $8.3 billion in 2022, the growth rate of real GDP between those two years is 3.75%.

How is the rate of real GDP growth calculated?

You will base your calculation of the real GDP growth rate on the real GDP numbers listed below. Real GDP from the most recent years is equal to real GDP from the most recent years.

The GDP of a nation is measured as a percentage and varies over time, usually from one year to the next. The gross national product (GNP) is a unique economic growth indicator that is occasionally favoured when a country's economy is heavily dependent on foreign earnings. In contrast to nominal GDP growth, the real economic growth rate takes inflation into account when calculating economic growth.

By calculating changes in real GDP from one year to the next, real GDP can also be expressed in dollars. Real GDP is commonly computed in percentages.

Growth rate and Real GDP in Relation to the Formula

Growth rate = (most recent year’s GDP – Last year real GDP) / previous year real GDP × 100

Growth rate = (Real GDP in 2022 - Real GDP in 2021) / Real GDP in 2000 ×100

Growth rate = (8.3 – 8)/8× 100

Growth rate = 3.75%

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Shade Company accepts national credit cards for customer purchases. Journalize the entry for an $800 sale if the credit card company charges a service fee of 4%.
a. (D)Cash 768
(D) Service Charge Expense 32
(C) Sales Revenue 800
b. (D) Cash 800
(C) Sales Revenue 800
c. (D) Cash 768
(C) Sales Revenue 768
d.(D)Cash 768
(D) Sales Discounts 32
(C) Sales Revenue 800

Answers

An response to the question becomes option A. a. (C) Revenue From sales 800 (D) Cash 768 (D) Service Fee Expense 32

What does the term customer mean?

An individual or company that purchases products or services from some other company is known as a customer. Customers are essential because they produce income. With employees, businesses would die out.

What does customer service mean?

Customer support is the assistance you provide to your clients to make their interactions with you simple and joyful, both prior to and after they purchase and utilize your goods or services. In order to keep customers or grow your business, you have to provide exceptional customer service.

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