Answer: A compensatory decision rule.
Explanation:
Jordan is basing her purchase decision on the weights of the laptop since she is going to use them more often n for trips, this is an example of the compensatory decision rule.
The compensatory decision rule explains that buyers makes purchase by comparing the various products available for sale and choosing the product with qualities closest to what they already have in mind before making purchase.
Carla was unhappy with her haircut. The next time she wanted a haircut, she went to a different hairstylist who Carla thought was more competent than her previous stylist. From a consumer behavior perspective, what term would best describe Carla’s behavior?
Answer:
B. Switching
Explanation:
Based on the information provided within the question it can be said that the term that would best describe Carla's behavior would be Switching. This is when a customer changes from one product or service provider to another completely different one within the same industry. Usually because of a bad experience or they are overall displeased with the service provided, which seems to be the case with Carla's first haircut.
A customer who is retired wants to select an investment that is liquid, marketable, and that provides regular income. The BEST choice would be to recommend:________.A. Treasury BillsB. Treasury NotesC. Preferred StockD. Certificates of Deposit
Answer:
Treasury Notes
Explanation:
In simple words, a treasury note refers to marketable security of United states government loans with a fixed rate of interest and a period of maturity ranging from one to ten years. Treasury notes are authorized with a favorable or un-competitive deal from the administration.
Treasury notes are hugely preferred investments by indivudals as there is a wide commercial market contributing to their flexibility. Interest payments for bills are rendered before completion every half year. Interest payment earnings are not subject to taxation at provincial or local level, but are taxed nationally, identical to Treasury bond.
A U.S. manufacturer of adaptive devices for persons with disabilities is considering expanding internationally. It is a fairly small company, but it is looking for growth opportunities. This company should primarily consider the option of:
a. exporting.
b. licensing.
c. a strategic alliance.
d. a greenfield venture.
He should consider exporting since it's a fairly small company.
Explanation:
The manufacturer doesn't have enough knowledge of the country it is expanding it market to and it doesn't have much experience since it is a small company so exporting it's products will push costs such as shipping to the customer which will relief if from making exchange losses and other expenses.
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Which model of decision making explains how managers should use logic to determine the optimal means of furthering the organization's best interests?
Answer:
The rational model
Explanation:
The rational model proposes that managers must use logic to implement and make decisions. Logic can assist managers to examine all the possible scenarios and alternatives to make the right decision. The rational model further explains that logic can help managers to use cognitive abilities to decide what is good for the long-term sustainability of the company.
The rational model of decision-making is designed to guide managers logically to make the most optimal decisions for an organization's interests, although it is considered a simplified representation and does not fully capture real-world constraints.
Explanation:The model of decision making that explains how managers should use logic to determine the optimal means of furthering the organization's best interests is referred to as the rational model of decision-making. This model advocates a sequential process involving characterizing the problem, identifying a full range of alternatives, and determining their respective utilities to make the most optimal decision. The economic model of decision-making relates to this process, but it is often criticized for being a simplified representation that does not account for the real-life constraints managers face, such as cognitive limitations, bounded self-interest, and incremental adjustments known as muddling through.
Decision-making in business may also consider various constraints, like the firm's position on the demand curve and the market dynamics in deciding price and output levels, eventually leading to decisions about entering or exiting the market.
Factors leading to the slow growth of demand in embryonic industries include all of the following except the
A) poor quality of the first products.
B) lack of complementary products.
C) lack of venture capital for innovative products.
D) high production costs of the products.
E) lack of distribution channels for the products.
Answer:
C) lack of venture capital for innovative products.
Explanation:
Embryonic industries are such industries that are at the beginning stage in their life-cycle. More specifically, newly established ventures are called the embryonic industry or firm.
Options A, B, D, and E all are wrong because a new firm may not produce high qualified first products. It may not have the right complementary products, the production cost may be higher than expected, and finally, there are a few distribution points. Those lead to the slow growth of the embryonic industry.
Option C is the answer because venture capitalists like to invest in innovative products, so there should not be a lack of capital.
The asset account, Office Supplies had a beginning balance of $5,300. During the accounting period, office supplies were purchased, on account, for $4,900. A physical count, on the last day of the accounting period, shows $2,300 of office supplies on hand. What is the amount of Supplies Expense for the accounting period? A) $3,000 B) $7,900 C) $4,900 D) $2,700
The amount of supplies Expense for the accounting period is $7900. Option B is correct.
An asset account is an account used to keep track of a company's assets. A capital expense is referred to as a capitalized expense when it is charged to an asset account. The amount of assets that the owner brought into the company is reflected in the asset account.
Given,
Beginning balance of supplies = $5,300
Office supplies purchased during the accounting period = $4900
Office supplies at the end of the accounting period = $2300
Calculate Amount of supplies Expense for the accounting period:
= Beginning balance + Office supplies purchased - Office supplies at the end of the accounting period
= $5,300 + $4900 - $2300
= $7900
Thus, $7900 is the amount of Supplies Expense for the accounting period.
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The Supplies Expense for the accounting period is calculated by summing the beginning balance and purchases, and then subtracting the ending balance. In this case, the Supplies Expense is $7,900 (option B).
Explanation:The calculation of the Supplies Expense for the accounting period is determined by using the following formula: Beginning Balance + Purchases – Ending Balance. In this scenario, the beginning balance is $5,300 and during the accounting period, additional office supplies were purchased on account for $4,900. Finally, at the end of the accounting period, a physical count shows $2,300 of office supplies on hand. Therefore, the Supplies Expense would be calculated as follows: $5,300 (Beginning balance) + $4,900 (Purchases) - $2,300 (Ending balance) = $7,900
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Which of the organization attributes do you need to document in order to properly prepare for an impact assessment?
Answer:
differentiation and profitability
Explanation:
organization impact assessment is a process of obtaining valid information about the performance of an organisation and the factors that affect those performance.
differentiation is an attribute by which an organization differs from its competitors. for a proper impact assessment, an organization should be able to demonstrate the values and goals it adds to the society which differs from other organization.
profitability is an assessment of the performance of an organization with a period of time. the profitability of an organization is a good measure for assessment of the organization. this can be achieved by a financial analysis of the company performance with its competitors or a comparative with its previous years or industry average.
When a vendor credit is recorded by a Quick Books Online user, what are 2 ways to use the vendor credit?
Answer:
Explanation:
These are the 2 ways to use provider credit:
1. Through linking reimbursement checks in bank deposit. These checks are from the vendor and will be used to create a vendor credit.
2. Making payment of supplier invoices, is another way to use credit, to carry out this, I have to create the invoice.
4. As income taxes rise, disposable income __________, causing __________ the AD curve. a. increases; movement down along ; a rightward shift of
a leftward shift
.b. increases
c. decreases; movement up along
d. decreases;
As the income taxes rises disposable income decreases and it causes a left ward shift in the AD curve
Explanation:
The income that is retained after the deduction of taxes the security charges and the amount that is spent an the amount that the house hold expenses is called as the disposable income
The amount that is left from the subtraction of the income tax from the current income is called as the disposable income and change in the disposable income will cause the AD curve to shift and hence the decrease will cause the curve to shift leftwards
Which appraisal approach would normally carry the most weight in valuing a strip shopping center?
Answer:
Sales comparison approach
Explanation:
Penny Smooth, a U.S. trade negotiator, is using which conflict resolution technique if she makes the following statement to the heads of America's steel makers? "You'd better learn how to cooperate on trade issues or you'll lose out to foreign competition."
Select one:
a. Forcing
b. Avoidance
c. Problem solving
d. Smoothing
e. Superordinate goals
Answer:
E) Superordinate goals
Explanation:
Superordinate goals refers to goals that in order to be achieved, require that opposing or confronting sides of a negotiation process start to work together. Penny must be able to break down barriers in order to encourage people on opposite sides to view each other as people wanting to work and a company trying to do business, instead of someone or some group that we just dislike. That is essential for overcoming the differences that exist between both groups.
the act that outlaws paying of bribes to foreign government officials to gain business is know as _______.
Answer: The foreign corrupt practices act.
Explanation:
The foreign corrupt practices act is a law passed by the government of the United States of America, that promotes transparency in foreign business transactions and prohibits the use of bribes to influence foreign business transactions.
Beranek Corp has $665,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ enough debt to raise the debt/assets ratio to 40%, using the proceeds from borrowing to buy back common stock at its book value. How much must the firm borrow to achieve the target debt ratio?
Answer:
$266,000
Explanation:
Since Beranek Corp has no liabilities, its total assets = $665,000 = total equity
The target debt / assets ratio set by the new CFO = 40%
40% of equity = 40% x $665,000 = $266,000
therefor the corporation must rebuy $266,000 worth of stock, and its new balance sheet would be:
Assets Liabilities
$665,000 $266,000
Equity
$399,000
Final answer:
Beranek Corp must borrow $266,000 to achieve a 40% debt/assets ratio, by borrowing 40% of its total assets worth $665,000.
Explanation:
To achieve Beranek Corp's target debt/assets ratio of 40%, we need to calculate the amount of debt the firm must take on. Currently, the firm has $665,000 in assets with no debt. To reach the desired debt ratio, total debt should be 40% of the total assets. Therefore, the firm must borrow 40% of $665,000, which equals $266,000. After borrowing, the debt would be $266,000 and the equity would be reduced accordingly, maintaining the total assets at $665,000.
The calculation is as follows:
Desired debt ratio = 40%
Total assets = $665,000
Amount to borrow = Total assets × Desired debt ratio
Amount to borrow = $665,000 × 0.40 = $266,000
Enrique did not want to tell his manager that it was not likely that his employees would meet the looming production deadline. He was fearful that he would be blamed if he told his manager this information. In terms of the semantic-information distance, this is an example of:A. Perpetual distancing B. Upward distortion C. Compliance gaining D. Vertical miscommunication
Answer:
B. Upward distortion
Explanation:
Based on the information provided within the question it can be said that this seems to be an example of upward distortion. In the context of business, this refers to when a lower employee fails to, or is hesitant to communicate negative information to his/her superiors due to the consequences. Which is what Enrique is doing in this scenario.
What is the term given to mortgage loan costs such as pest inspections, survey fees, and title insurance?
Answer:
Services the borrower did shop for, that the buyer may find on his own.
Explanation:
Services such as a pest inspection or title insurance are services that the buyer of a house usually want, but are not mandatory for them to purchase. Therefore usually buyers must search for them on their own since they are not required by a bank.
They are different than services that a lender requires like home insurance, which a buyer must purchase.
Which of the following statements illustrates diminishing returns? A. The second billion hours of labor changes real GDP from $1 to $3 trillion and the third billion hours of labor changes real GDP from $3 to $4 trillion. B. The second billion hours of labor changes real GDP from $1 to $2 trillion and the third billion hours of labor changes real GDP from $2 to $3 trillion. C. The second billion hours of labor changes real GDP from $1 to $2 trillion and the third billion hours of labor changes real GDP from $2 to $4 trillion. D. The second billion hours of labor changes real GDP from $1 to $5 trillion and the third billion hours of labor changes real GDP from $5 to $9 trillion.
Answer and Explanation:
A. The second billion hours of labor changes real GDP from $1 to $3 trillion and the third billion hours of labor changes real GDP from $3 to $4 trillion.
Maria, who works in the design department, wants her online presence to signal that she is a business professional. Which profile picture should she choose?
Answer:
A photograph of Maria in her work clothes with smiling face
Explanation:
Maria is an individual or person, who works as designer in the design department of a company. Being a designer, her work involves creativity in her designs which attract the customers.
And she wants her online presence to signal or state that by profession she is a business professional in order to choose a profile picture for her online presence, she needs to choose a photograph, in which she is wearing her work clothes along with a smiling face.
Existing leases:
a. Can be ignored by potential investors when estimating investment value.
b. Must be considered more carefully when valuing a multi tenant office building then valuing an apartment complex.
c. Are more important when estimating market value than estimating investment value.
d. Should be assumed to have remaining terms of 10 years when estimating investment value.
Answer:
B. Must be considered more carefully when valuing a multi tenant office building then valuing an apartment complex.
Explanation:
A lease of building is much more complex than leasing an apartment complex since it may involve multiple parties and multiple lease agreements. The valuation is therefore consider more carefully.
Of the following products, which one would typically carry high psychological risk for the average consumer?
Answer:
an expensive mink coat
Explanation:
High psychological or perceived risk refers to the uncertainty that a consumer may have when he/she is purchasing a good or a product. Usually expensive goods carry a high perceived risk, e.g. house, boat, jewelry, car, etc.
In this case, an expensive mink coat carries high perceived risk because it is an expensive product and a customer considers the pros and cons of purchasing it.
Which two investment options would be best if you are 20 years old, just starting to save, and want to retire when you are 70? Consider the kind of investment, rate of return, level of risk, and other factors.
Answer:
You have not provided any options. However, since this is more of a practical question, the suitable answers are,
Mutual FundsCertificate of DepositsHigh yield bearing BondsExplanation:
Mutual funds are a wonderful option to track the share market without exposing yourself to too much market risk. A mutual fund holds a diversified portfolio of stocks that distributes risk among various companies from different industries.
That way, even if the market is poorly performing, as a whole, the fund will be stable. Moreover, in the long term, since you have 50 years until you are 70, compounding your dividends will make you a lot of money to retire.
Besides, mutual funds have a high liquidity, making it easier for you to withdraw your money.
Certificate of Deposits are virtually risk free and provides a descent income through the high interest rates.
The main benefit here is the compounding effect of the interest. Since 50 years is a long time frame, even if you start small, you can eventually end up with a hefty sum to help your retirement. Because the compounding effect will be highly effective in the long term.
Which of these makes this a true statement? When determining the appropriate weights used in calculating a WACC, it should reflect
Answer:
When determining the appropriate weights used in calculating WACC, there is need to divide the market value of each stock by market value of the company.
Explanation:
Market value of the company is the aggregate of market value of equity, market value of preferred stock and market value of debt. We will divide the market value of each stock by market value of the company in order to obtain the respective weights.
A company has an operating lease for its office space. The lease term is 120 months and requires monthly rent of $15,000. As an incentive for the company to enter into the lease, the lessor granted the first eight months' rent at no cost. What amount of monthly rent expense should be recognized over the life of the lease?
a) $14,000
b) $14,062
c) $15,000
d) $16,072
Final answer:
The correct monthly rent expense to be recognized over the life of the lease is $14,000. This amount is obtained by subtracting the total incentive from the total cost of the lease and dividing that by the lease term.
Explanation:
A company has an operating lease which stipulates a term of 120 months with a monthly rent of $15,000, but offers the first eight months free as an incentive. To calculate the monthly rent expense recognized over the life of the lease, we have to account for the total cost of the lease minus the incentive, then divide that by the lease term. This can be calculated as follows:
Total Cost without Incentive: $15,000 x 120 months = $1,800,000Total Incentive: $15,000 x 8 months = $120,000Net Cost of the Lease: $1,800,000 - $120,000 = $1,680,000Monthly Rent Expense Recognized: $1,680,000 / 120 months = $14,000Therefore, the correct answer is (a) $14,000, which is the monthly rent expense that should be recognized over the life of the lease.
Dividend growth rate is important to many investors. You are considering investing in a firm after looking at the firm's dividends over a seven-year period. At the end of the year 2002, the firm paid a dividend of $1.15. At year-end 2009, it paid a dividend of $1.84.
What was the average annual growth rate of dividends for this firm?
A) 7.25%
B) 9.86%
C) 6.94%
D) There is not enough information to answer to the question.
Answer:
Growth rate will be 6.94 %
So option (c) will be the correct answer
Explanation:
We have given principal amount in 2002 is $1.15
So P = $1.15
And after seven year in 2009 amount become $1.84
We have to find the rate of interest
Time period n = 7 years
We know that future amount is given by
[tex]A=P(1+\frac{r}{100})^n[/tex]
[tex]1.84=1.15(1+0.01r)^n[/tex]
[tex]1.6=(1+0.01r)^7[/tex]
[tex](1+0.01r)=1.0694[/tex]
[tex]0.01r=0.0694[/tex]
r = 6.94 %
So option (C) will be the correct option
The average annual growth rate of dividends for the firm from 2002 to 2009 is approximately 8.09%, which is not one of the provided options.
To calculate the average annual growth rate of dividends for the firm from the year 2002 to 2009, we will use the formula for the compound annual growth rate (CAGR), which is:
CAGR = (Ending Value / Beginning Value)^(1/n) - 1
where:
Ending Value is the final dividend paid, which is $1.84.
Beginning Value is the initial dividend paid, which is $1.15.
n is the number of years, which is 7 years (from 2002 to 2009).
Plugging the numbers into the CAGR formula gives:
CAGR = ($1.84 / $1.15)^(1/7) - 1
CAGR = (1.6)^(1/7) - 1
CAGR = (1.0809) - 1
CAGR = 0.0809 or 8.09%
Therefore, none of the provided options (A, B, C) is correct. The correct average annual growth rate of the dividends for this firm is approximately 8.09%.
Which of the following best describes e-commerce? a. A business transaction that occurs over an electronic network such as the Internet b. A customer (consumer) experience requiring the Internet, cash, a shopping cart, and videos c. The sale of electronic goods and services that enable an Internet connection d. A transaction between two businesses that are bartering and auctioning goods and services via secure telephonic connections
Final answer:
E-commerce is best described as business transactions conducted over the Internet, which can include various types of goods and services influenced by globalization and technology. The correct option is (a).
Explanation:
The best description of e-commerce is a business transaction that occurs over an electronic network such as the Internet. This encompasses a diverse range of transactions, including consumer purchases from online retailers and business-to-business dealings where companies can source supplies globally, as facilitated by the digitalization of marketplaces and telecommunications advances.
E-commerce activities are not limited to digital products; they include a wide array of goods and services and are driven by factors such as lower transaction costs, broader customer reach due to globalization, and the support of international trade agreements.
In a trust, an estate, or other property or money, is given to a person or institution to manage. True False
Answer:
i would say true
Explanation:
a trust fund is given to a person or lawyer
an estate has an estate manager
most property is owned by a person or the bank
and the same with money is owned by a company or bank
Answer:
True
Explanation:
If your business earns $20,000 in revenues, has explicit costs of $7,000, and implicit costs of $5,000, your accounting profit is
Answer:
Accounting profit is $13,000.
Explanation:
Given information:
Total Revenues = $20,000
Explicit costs = $7,000
Implicit costs = $5,000
The formula for accounting profit is
Accounting profit = Total revenues - Explicit costs
Substitute the given values in the above formula.
Accounting profit = $20,000 - $7,000
= $13,000
Therefore, the accounting profit is $13,000.
Service employees are important to customers and competitive positioning because the front line ________________.
a. is the most visible part of the firm.
b. contains more employees than management.
c. is often the first to deal with customer complaints.
d. is better trained at dealing with customers than are managers.
e. all of the above.
Answer:
A) is the most visible part of the firm.
Explanation:
The importance of service employees is that they are the ones that actually deal with the company's customers. If service employees don't deal properly with the clients, then no matter how good the company's products are, the customers will not be satisfied or happy.
For example, if the waiter in a restaurant is rude with the customers, the whole dining experience will be ruined and the customers will consider the restaurant's service as bad even if the food served was great.
What is the shelf life of an item placed in a peel package or wrapped in nonwoven wrapper
Answer:
Indefinite, Unless the item is compromised in some way.
Explanation:
The Maximum time for which a food item can be stored before it becomes unfit for sale and consumption. In simple terms it is means the time after which the item should not be on a supermarket or pantry shelf. Shelf life is also applicable to medical devices, cosmetics, foods tires, chemicals, explosives and perishable items. On most of the packed products an advisory best before is printed on the package.
The following transactions occur for the Wolf pack Shoe Company during the month of June:________.
A. Provide services to customers for $28,000 and receive cash.
B. Purchase office supplies on account for $18,000.
C. Pay $6,600 in salaries to employees for work performed during the month.
Answer:
Debit Credit
A. Cash $28,000
Sales $28,000
B. Office Expenses $18,000
A/c Payable $18,000
C. Salaries Expenses $6,600
Cash/Bank $6,600
Explanation:
Accounting double entry rules are follows:
Debit: Increase in Assets, Increase in Expenses. (vice versa in credit side)
Credit: Increase in Liability, Increase in income, Increase in capital. (vice versa in debit side)
A. When services are provided it is recorded as an income on the credit side and cash received against the services are recorded in the debit side as it a current asset. (provided that the services provided and consumed are not for more than one month)
B. Office supplies are the office day to day expenses which needs to be recorded on the debit side. while on account payment is recorded on the credit side as a liability.
C. Salaries are expenses which needs to be recorded on the debit side and cash or bank will be credited as decrease in assets.
When demand for workers in a certain profession increases, wages will___________. When employers find it ____________ to find employees, workers' wages will be higher. If the supply of workers is too high, wages will_______until the market reaches _________. In short, an increase in labor demand puts __________pressure on wages, while an increase in labor supply puts_______ pressure on wages.1. rise2. difficult3. fall4. equilibrium5. upward6. downward
Answer:
1. rise
2. difficult
3. fall
4. equilibrium
5. upward
6. downward
Explanation:
When the demand for workers increases, it would lead to rise of demand over supply. When there's excess of demand over supply, there is an upward pressure on wages and wages would rise.
When employers find it difficult to find workers, there would be an excess of demand for workers over supply. This would lead to an increase in wages.
When there's excess supply over demand, there would be a downward pressure on wages and wages would fall. The fall in wages would discourage labour and some would leave the industry, the supply of labour would fall until the quantity of labour demanded and supplied becomes equal. The point at which quantity demanded and supplied of labour becomes equal is known an equilibrium.
I hope my answer helps you.