Answer: social responsibility differences between similar firms, but in different countries.
Explanation:
From the information given, we can deduce that Jonah's experience is an example of social responsibility differences between similar firms, but in different countries.
The difference in working conditions in the developing nations he visited, is due to the social responsibility as this has resulted in a positive impact on the society as whole.
The painter contracts to paint the exterior of the home for $1,750 plus the cost of paint and any other necessary materials. About three-fourths of the way through the job, the contractor breaks his leg and can't finish. The owner offers to pay the contract price less deductions for the cost of having the job completed by another painter, and the original painter accepts the offer. The contract has been discharged under the principle of
Answer:
substantial performance.
Explanation:
From the question we are informed about painter which contracts to paint the exterior of the home for $1,750 plus the cost of paint and any other necessary materials. About three-fourths of the way through the job, the contractor breaks his leg and can't finish. The owner offers to pay the contract price less deductions for the cost of having the job completed by another painter, and the original painter accepts the offer. In this case, the contract has been discharged under the principle of substantial performance.
Substantial performance can be regarded as a term that is been
used as regards contract law, it is a principle that can be explained as
degree of performance of a contract that is not regarded as complete or full performance, but regarded as nearly equivalent which will be considered to be unfair if the contractor is denied the agreed payment in the contract.
Rimi currently earns $3300 per month. She has the following monthly debt payment expenses: $80 for credit cards, $130 for student loans, and a $215 car payment. She is looking to buy a house. The monthly mortgage, including principal, insurance, taxes, and insurance is $1221. Does Rimi pass the FHA total fixed payments to income ratio requirement
Answer:
No, her ratio is greater than 37%
Explanation:
Given:
Monthly income = $3,300
Credit card expenses = $80
Student loan expenses = $130
Car payment = $215
All insurances = $1,221
Computation:
Total debt to income ratio = Total debt / Total income
Total debt to income ratio = (80 + 130 + 215 + 1221) / 3300
Total debt to income ratio = 49.87%
Housing payments to income ratio = All insurances / Monthly income
Housing payments to income ratio = (1221) / 3300
Housing payments to income ratio = 37%
No, her ratio is greater than 37%
Some consumer electronic products such as plasma TVs, DVD players and digital cameras, are introduced at very high prices but over time, their prices start falling (beyond what could be attributed to falling costs as companies take advantage of economies of scale and cheaper technologies). Which of the following is the best explanation for this observation?
A. More firms are likely to enter the consumer electronic market over time, forcing market prices down.
B. Early adopters of these new products typically have a higher demand and higher income compared to those who are willing to wait.
C. Early adopters are more quality conscious and are willing to pay higher prices for the initial production of these goods.
D. After satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
Answer: D. After satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
Explanation:
Based on the scenario given in the question, the reason for the fall in price over time is that after satisfying the demand for early adopters, firms lower price to attract the more price sensitive consumers.
The early adopters are the individuals who use the product before other people starts using it. In this case, once the early adopters have been satisfied, other people will want to buy the product and the price has to be lowered so that such people can afford it.
A task force refers to any Question 1 options: informal group that has the same members as the permanent task-oriented group. formal group whose members work permanently and spend most of their time in that team. temporary team formed to solve a problem, realize an opportunity, or design a product or service. formal group whose members must be able to perform all tasks of the team.
Answer: temporary team formed to solve a problem, realize an opportunity, or design a product or service.
Explanation:
A task force is formed for the purpose of finding out how to fix a certain problem or realize a product or service.
Once this problem has been fixed or this good realized, the task force is disbanded because it is a temporary group that has fulfilled its objectives and so no longer has to be in effect. For instance, countries have Cov-id-19 taskforces who help coordinate responses to Corona and they will be disbanded when Corona is gone.
Name two things other than the 5 C’s that can affect pricing
You have been working with a client for the past six months who has finally been approved by the lender and is ready to close. Two days before closing, interest rates drop and you explain to your customer that you are unable to go with a different lender at the better rate because of the standing commitment to the current lender. You also inform your client that breaking a rate with a lender is very damaging to the broker-lender relationship. After explaining the situation, your client still chooses to back out of the loan and go with a different loan officer. Your client's action in this situation is:
Answer: c. legal but unethical
Explanation:
There is nothing illegal about wanting to back out of a standing commitment to a lender especially if they have bad rates.
It is not considered ethical to do this however because a standing commitment constitutes a promise to do something which means that the other party is expecting that thing to be done. If you then break that promise, the relationship between the person who broke the promise and the affected party will take hit.
Gummy Co. purchased merchandise on June 10 at a $9,000 invoice price with terms of 2/10,n/30 and paid for the merchandise on June 30. Illustrate the required entries to record and pay for this purchase under the gross method and net methods by matching the action on the left with the method on the right. (Assume a periodic inventory system is used.)
Answer:
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
June 30
Credit Cash for $9,000 : Both methods
Explanation:
To Illustrate the required journal entries to record and pay for this purchase under the GROSS METHOD and NET METHODS by matching the action on the left with the method on the right using a PERIODIC INVENTORY SYSTEM.
June 10
Debit Purchases for $9,000: Gross method
June 30
Debit Discounts lost for $180: Net method
(2%*$9,000)
June 30
Credit Cash for $9,000 : Both methods
The federal government played an important role in assisting the development of industry. True False
Answer:
True
Explanation:
Answer:
true
Explanation:
name the industry customers for smart watches ?what do you mean / what is the meaning of industry customers?
Answer:
Industrial customer means a customer engaged primarily in manufacturing or processing which changes raw or unfinished materials into another form or creates another product.
A _____ is composed of temporary arrangements among members that can be assembled and reassembled to meet a changing competitive environment.
Answer:
Modular network
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
In conclusion, competitive advantage is a feature that makes a customer to place a greater value on the product or service of a particular company than they do on similar products or services from its competitors (rivals) in the same industry.
In Business management, a modular network comprises of temporary arrangements among members that can be assembled and reassembled to meet the unending consumer demands and changing competitive environment. Thus, it avails businesses the opportunity to either assemble or reassemble parts depending on the work in process.
Suppose that the price of good X rises from $12.00 to $12.90, and as a result the quantity demanded of good X falls from 5,000 units to 4,600 units. The (absolute value of) price elasticity of demand for good X is ___________________, indicating that good X is price ___________________. This increase in price caused total revenue to ________.
Answer:
The price elasticity of demand is 1.14.
The price is Elastic.
Elasticity is more than one so total revenue will fall.
Explanation:
Given the initial price of good x = $12
Final price of good x = $12.90
% change in price = [(12.90 - 12) / 12] x 100 = 7.5 %
Initial quantity = 5000
Final quantity = 4600
% change in quantity = [(4600 - 5000)/5000] x 100 = -8%
Elasticity = % change in quantity / % change in price
Elasticity = 8% / 7%
Elasticity = 1.14
The price elasticity of demand is 1.14.
The price is Elastic.
Since elasticity is more than one so total revenue will fall.
Arthur buys a new cell phone for $150. He receives consumer surplus of $150 from the purchase. What value does Arthur place on his cell phone
Answer:
$300
Explanation:
Customer surplus may be explained as the additional benefit a customer earns over and above the amount paid. In other words, the amount paid is less than the amount customer is willing to pay for a certain product, hence. The additional benefit derived from paying less is the consumer surplus.
Therefore ;
Consumer surplus = Value - amount paid
From the question :
Consumer surplus = $150
Amount paid = $150
Hence,
Value = Consumer surplus + Amount paid
Value = $150 + $150
Value = $300
What analysis feature of a decision support system (DSS) pinpoints the region that generated the highest total sales
Answer:
exception reporting
Explanation:
A decision support system (DSS) can be regarded as a computerized program that is utilized in supporting determinations as well as judgments, and courses of action s regards a
an organization or a business.
An exception reporting can be regarded as process of using document which states out the instances whereby actual performance is been deviated from expectations in a significantly manner, this is usually in a negative direction. The main reason for this report is to align the attention of management on areas that requires immediate action.
It should be noted that the analysis feature of a decision support system (DSS) pinpoints the region that generated the highest total sales is exception reporting.
14. Inequality to employees is one of the major demerits of
multinational
company. Explain
The correct answer to this open question is the following.
Although there are no options attached we can say the following.
Inequality to employees is one of the major demerits of a multinational company. This quote can be explained in the following way.
When multinational companies open offices or branches in other countries, regularly they do it in developing nations. The reason why is because in those developing countries these compies can pay cheaper salaries. That is why they leave their native country and open fabrics in regions such as Latin America, Central America, India, or Africa. Labor is cheaper than in the United States or European countries.
So there it is the inequality. Workers labor the same hours or more than workers in developed countries, but h¿they receive less money for their work and fewer perks.
__________ is a cornerstone in the protection of information assets and in the prevention of financial loss.
Answer:
Separation of duties.
Explanation:
Internal controls can be defined as the policies, set of rules, and procedures implemented or put in place by an organization to protect its assets, boost efficiency, enhance financial accountability, enforce adherence to company policies and prevent fraudulent behaviors among the employees.
The main purpose of internal controls is to guarantee that loss is eliminated by ensuring that there is an accurate and reliable accounting system.
One of the essential characteristics of internal control is the principle of establishing responsibility such as assigning responsibility to specific individuals. An internal control is considered to be most effective when an individual is solely responsible for a specific accounting task.
Hence, the principle of establishing responsibility include the following;
I. Only one person or an individual is being responsible for a task.
II. An individual is solely responsible for the authorization of transactions.
III. An individual is solely responsible for the approval of transactions.
Separation of duties is a cornerstone used as an internal control measure for the protection of information assets and in the prevention of financial loss.
According to the separation of duties, an employee such as an accountant who opens a bank statement should not be the same person that is saddled with the responsibility of reconciling cash inflow and outflow.
Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics and assimilates different types of technologies. This knowledge is distributed to the entire organization so that its branches can adapt and perform according to their own markets. These tactics and technologies distributed throughout the organization that create value for Spring Resources LLC are termed _________.
Answer:
core competencies
Explanation:
From the question we are informed about who Spring Resources LLC creates unique value by establishing a learning organization that coordinates various production tactics and assimilates different types of technologies. This knowledge is distributed to the entire organization so that its branches can adapt and perform according to their own markets. These tactics and technologies distributed throughout the organization that create value for Spring Resources LLC are termed
Core competencies.
Core competencies can be regarded as resources as well as capabilities which comprise all strategic advantages of a business.
The following information pertains to Rik Co.'s two employees: Name Weekly salary Number of weeks worked in 2005 Vacation rights vest or accumulate Ryan $800 52 Yes Todd 600 52 No Neither Ryan nor Todd took the usual two-week vacation in 2005. In Rik's December 31, 2005, financial statements, what amount of vacation expense and liability should be reported
Answer: $1600
Explanation:
From the information given, it can be noted that while Ryan is vested, on the other hand, Todd isn't vested.
Therefore, since the vacation is for two weeks, the amount of vacation expense and liability should be reported will be for Ryan alone and this will be:
= $800 × 2
= $1600
In this case, service has already been rendered ans there's accumulated rights, therefore a vacation expense and liability of $1600 should be reported.
Derrick has accepted a job in another state. His wife, who is not employed, is not happy about moving but doesn't have a choice. This is an example of:
Answer: A Fate control
Explanation:
Fate control is used to describe a situation where one person controls how the life of another person will go or rather their fate. This is very prevalent in relationships where a person is the sole breadwinner or in relationships where a person is the legal guardian of another.
The breadwinner or the guardian has fate control over those depending on them. In this case, Derrick has fate control over his wife as his activities such as taking a job in another state, dictate what his wife is to do which is to follow him to that state.
______ involves building relationships and sharing information with colleagues who can help managers achieve the items on their agendas.
Answer:
networking
Explanation:
Networking can be understood as a network of relationships that an individual builds through their professional life, and which can be very beneficial for sharing information and communications relevant to the business, as well as other professional issues, such as aiming for a new job vacancy, achieve professional promotion, etc.
Building a positive relationship with co-workers will always be beneficial in a worker's life, because through interpersonal relationships you can become a reference through your professional achievements, which can open doors and bring prominence to your career.
Greece can produce either 100 bushels of oranges or 20 bushels of tomatoes using all of its available resources, and Turkey can produce either 40 bushels of oranges or 30 bushels of tomatoes using all of its available resources. How many bushels of oranges will Greece produce after specialization and trade, assuming that each country fully specializes in the good in which it has a comparative advantage
Answer:
100 bushels of oranges
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
for Greece
opportunity cost of producing oranges = 20 / 100 = 0.2
opportunity cost of producing tomatoes = 100/ 20 = 5
For turkey
opportunity cost of producing oranges = 30 / 40 = 0.75
opportunity cost of producing tomatoes = 40 / 30 = 1.33
Greece has a comparative advantage in the production of oranges. If it specialises in the production of oranges, it would produce 100 bushels
Greece has an advantage in producing oranges i.e. 100 bushels of oranges.
What does the opportunity cost?Opportunity cost is often regarded as an opportunity lost because it means the loss of cost while selecting one alternative in place of another.
Given: Oranges or Tomatoes
Greece = 100 bushels 20 bushels
Turkey= 40 bushels 30 bushels
1. Calculation for Greece=
opportunity cost of oranges production= 20 / 100 = 0.2
opportunity cost of tomatoes production = 100/ 20 = 52.
2. Calculation for Turkey=
opportunity cost of oranges production = 30 / 40 = 0.75
opportunity cost of tomatoes production = 40 / 30 = 1.33
By the above calculations, we can say that Greece has a comparative advantage in the production of oranges. If it specializes in producing oranges.
Therefore, the above calculation shows that Greece has an advantage in producing oranges.
Learn more about opportunity costs here:
https://brainly.com/question/17204577
Bambi is buying a property on an installment sales contract. Due to her financial interest in the property, she retains equitable title. What does the seller retain
Answer:
Legal title
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, etc.
Mutual assent is a legal term which represents an agreement by both parties to a contract. When two parties to a contract both have an understanding of the parameters, terms and conditions surrounding a contract, it ultimately implies that they are in agreement and this is generally referred to as mutual assent
In this scenario, Bambi purchased a property using an installment sales contract.
An equitable title can be defined as the right of an individual to use and enjoy an asset (property) due to his or her financial interest in the asset.
On the other hand, a legal title can be defined as the actual (absolute) ownership of a property that is recognized and enforceable in a court of competent jurisdiction.
Hence, Bambi would retain an equitable title from the purchase of the property due to her financial interest in this property while the owner of the property (seller) retains a legal title.
A contract is defined as an agreement that defines and binds the personally legally. It may involve the exchange of goods and services.
Since he is buying a property on an installment of the sales contract which due to her financial insurers in the property remain entitled is know as the legal title. It represents the actual ownership of the proper and is visible by the public records.Learn more about the due to her financial interest in the property
brainly.com/question/24178410.
Carlos is taking a class to learn presentation skills. Which type of communication is he using when he improves his PowerPoint slides?
Nonverbal
Verbal
Visual
Written
Answer:
visual ,i like your profile add my sn a p,joel.ewc123
Explanation:
Discuss whether a commercial bank should specialize or diversify in terms of the services it provides.
Answer:
The authors find that sector specialization has an overall positive effect on banks' performance. In contrast, Bebczuk and Galindo (2007) find for Argentina that banks with a diversified credit portfolio have fewer non-performing loans.
A concentrated portfolio with a high risk level results from concentrating on portfolio growth without adding additional asset classes.
What is a portfolio?A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs).
Most people think that a portfolio's core consists of equities, bonds, and cash. Although this is frequently the case, it need not be the exception. Various types of assets, such as private investments, real estate, and fine art, may be included in a portfolio.
The wisdom of diversification, which essentially means not putting all of your eggs in one basket, is one of the fundamental ideas in portfolio management.
By distributing investments among different financial instruments, industries, and other categories, diversification aims to lower risk. By making investments in many sectors that would all respond differently to the same occurrence, it seeks to optimize returns.
The strategy of a hybrid portfolio diversifies among asset classes. Investing in stocks, bonds, commodities, real estate, and even art are all necessary components of creating a hybrid portfolio.
Learn more about portfolio, here
https://brainly.com/question/17165367
#SPJ2
Tools to manage service level agreements (SLAs) in a help desk software package probably are of greatest use by ____.
Answer:
help desk manager.
Explanation:
A service level agreement (SLA) is usually between a service provider and its customers (end users).
In order to define and provide satisfactory service, organizations that provide services are expected to implement a service level agreement and it should comprise of the following parameters; responsibilities, expectations, metrics, time and frequency.
An example of a service level agreement is the mean time between failures (MTBF), mean time to repair or mean time to recovery (MTTR) which is generally used by telecommunications firms and internet service providers (ISP) for their respective customers.
Hence, tools to manage service level agreements (SLAs) in a help desk software package probably are of greatest use by help desk manager.
An open-market sale of securities by the Fed results in ________ in reserves and ________ in the supply of money.
Answer:
increase; increase
Explanation:
In the case of the sale of securities in the open market, there is an increase in reserves also there is an increase in the supply of money as in the fed purchase and sells the securities in order to control the money supply and the rate of interest.
Therefore as per the given situation, the above should be the answers that could fill the blanks
Using marketing to promote the idea that a company is more socially responsible than it actually is can be described as ______.
Answer:
Greenwashing
Explanation:
Greenwashing is the process of using marketing to promote the idea that a company is more socially responsible than it actually is. It is the process of passing a false impression or providing false information about how a company's products are more environmentally sound.
Greenwashing can also be called green sheen. It is used to deceive consumers into believing that a company's products are environmentally friendly by providing misleading information about the product.
Greenwashing is considered an unsubstantiated claim to deceive consumers into believing that a company's products are environmentally friendly.
If a stock were overpriced, it would plot A) above the security market line. B) below the security market line. C) on the security market line. D) on the y-axis.
Answer:
A) above the security market line.
Explanation:
A) above the security market line.
Option "a" is correct because all the correct priced stock will be shown on the security market line while the underprice stock is represented above the security market line and the overpriced stock is shown below the security market line.
Melissa Taylor has gross earnings of $425 and withholdings of $26.35 for Social Security tax, $6.16 for Medicare tax, and $35 for federal income tax. Her employer pays $26.35 for Social Security tax, $6.16 for Medicare tax, $3 for FUTA tax, and $9 for SUTA tax. The total cost of Melissa to her employer is a.$32.51. b.$437.00. c.$469.51. d.$425.00.
Answer:
The answer is "[tex]\$469.51[/tex]"
Explanation:
The gross earnings represent the entire money earned via an individual / household and business over an amount of time. Net revenue is the money produced before taxable income or modifications for individuals and families. Total income here is less cost of things sold. Net revenues are sometimes known as gross revenue or net income.
Using formula:
[tex]\text{Gross Earnings + other payments done by employer on behalf of employee}[/tex]
[tex]= 425 + 26.35 + 6.16 + 3 + 9 \\\\= \$469.51[/tex]
In order to build alliance management capabilities in small companies, it is recommended that firms take the ______ approach
Answer:
non-equity alliance.
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Generally, a business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Mission.
II. Value.
III. Vision.
Hence, when you wish to build alliance management capabilities in small companies, it is highly recommended that business firms take the non-equity alliance approach.
A non-equity alliance approach can be defined as a contractual relationship between two or more organizations that are interested in achieving common goals and objectives by pooling their resources, capabilities and efforts together while respectively maintaining their organizational independence without creating a new corporation or equity entity.
The higher the interest rate, the other the_____ will be
A. Length of time until the investment doubles
B. Future value of money
C. Inflation rate
D. Present value of
