The cheap foreign labor could possibly disrupt the market of skilled and unskilled labor in the country that could lead to a high rate of unemployment.
Further Explanation:
Protectionism:
When a government of a country make policies and takes actions to protect the domestic industries of the country which could be disrupted by the foreign companies. Counties use the protectionism theory to grow their domestic industries. Foreign companies can disrupt the local competition with unfair means such as high capital investment against small domestic businesses.
A government of the country should use the protectionism theory in order to converse the domestic economy. The government can use the following methods to protect the domestic industries: Tariffs, lower export duty, and higher import duty.
Cheap foreign labor argument for protectionism:
The decrease in the cost of the product is beneficial for the business as it will increase the profit of the company. Cheaper labor will lead to a higher profit for a company. Therefore, the company would prefer a cheap labor option. In the given case, the cheap foreign labor argument means that cheap foreign labor will disrupt the market for domestic labor. The domestic labor would be replaced by cheaper foreign labor and it will increase the unemployment in the country.
Thus, cheap foreign labor could possibly disrupt the market of skilled and unskilled labor in the country that could lead to a high rate of unemployment.
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Answer details:
Grade: Senior School
Subject: Economics
Chapter: National Income
Keywords: Domestic, saving, the cheap, foreign, labor, argument, for, protectionism, refers, too, income.
What is the cost for the 5% highest domestic airfares? (rounded to nearest dollar)?
2. If the interest rate on a savings account is 0.018%, approximately how much money do you need to keep in this account for 1 year to earn enough interest to cover a single $9.99 Below-Minimum-Balance Fee?
The interest from an investment is calculated through the equation,
I = P x i
Where I is the interest, P is the principal amount and i is the interest rate.
P = I / i
Substituting the known values,
P = ($9.99) / (0.018/100) = $55,500
The answer to this item is therefore approximately $55,500.
Common-size percentages are often used to compare the statements of companies of unequal size. the condensed income statements of companies a and b are given below. enter in the spaces provided the amounts expressed in common-size percentages.
1. John would like to contact several trade associations, but he's not sure where to look for information. What is the most efficient way for John to find the information he wants?
A. Check out hoovers.com.
B. Search the D&B Database.
C. Ask a librarian.
D. Contact the SBA.
Student Answer: D
Answer: Incorrect
Reference: PG 18
4. Calvin and Liz have summarized several lengthy research items for their business plan. In case an investor wants more details on the research, they've also included
A. a file of price quotes and survey results.
B. their mission statement.
C. autobiographies and résumés.
D. their business goals.
Student Answer: C
Answer: Incorrect
Reference: PG 14
5. How should you consider the information you acquire through Internet chat rooms?
A. It's usually the most up-to-date information available.
B. It's clear, unbiased, and specific to your business.
C. It's helpful in discovering your competitor's edge.
D. It can give you leads to places where you can find reliable information.
Student Answer: C
Answer: Incorrect
Reference: PAGE 18
6. Rachel plans to set up a beautifully furnished office for her interior decorating business. She will describe it in her business plan under the heading
A. Processes.
B. Inventory.
C. Current Trends.
D. Marketing Profile.
Student Answer: C
Answer: Incorrect
Reference: PG 8
7. Information such as parking issues, choice of location, and specialized equipment should be included in the _______ portion of your business plan.
A. overview
B. operating plant
C. business information
D. financial plan
Student Answer: C
Answer: Incorrect
Reference: PAGES 7,8
8. When should you write the introduction and overview portion of your business plan?
A. Well in advance of the rest of the plan
B. Just before listing the business information
C. Last, so all of the most important points are included
D. In a very detailed, wordy style
Student Answer: A
Answer: Incorrect
Reference: PAGE 3
10. Local zoning laws, EPA regulations, and municipal permits or registrations are requirements to be researched and listed in the _______ portion of your business plan.
A. financial
B. operating plant
C. industry
D. introductory
Student Answer: A
Answer: Incorrect
Reference: PAGES 5,7
13. Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the _______ element of your business plan.
A. business information
B. introduction
C. industry
D. operating plant
Student Answer: B
Answer: Incorrect
Reference: PAGES 5,6
15. You've designed the floor plan of your restaurant and an efficient traffic pattern for patrons, servers, and other staff. In your business plan, these actions are called
A. staff evaluations.
B. processes.
C. performance measures.
D. industry standards.
t Answer: C
Answer: Incorrect
19. Before you decide whether to use the cost plus model, it's important to thoroughly research
A. competitors' operating processes.
B. profit margins in neighboring states.
C. buying behavior in similar industries.
D. your industry's going rate.
1. C
4. A
5. D
6. A
7. B
8. C
10. C
13. C
15. B
19. D
Are the correct answer, Hope I helped :)
Management in life you have lunch with a friend who was recently promoted to a management position. “congratulations!” you say. but she looks at you ans says, “i’m not so sure.” she goes on to tell you that she’s overwhelmed with the pace of the work and demands on her time. “i used to just think about myself and my own performance,” she says, “and now i’m constantly dealing with all these interdependent aspects of the organization. i’m expected to motivate other people to work hard--just working hard myself was a lot easier. and the interruptions! i have to shift gears constantly.” she asks for your advice: “i would love to get more done in less time, be more relaxed, and have more time to enjoy my job and my life. do you know any time management tips?”
To manage feeling overwhelmed due to a new management position, it's essential to adopt effective time management strategies, delegate tasks, communicate proactively, and prioritize work-life balance to ensure personal well-being and professional success.
Considering your friend's display of achievement motivation and their promotion to a managerial position, the overarching advice would be to adopt time management strategies and to focus on work-life balance. A key aspect would be to be proactive in managing the organizational life. Here are some tips that could help in this situation:
Create a prioritized to-do list to differentiate between the most urgent tasks and those that can wait.
Set realistic expectations for daily activities to avoid overloading the schedule, ensuring there are margins or buffers to accommodate unexpected tasks.
Understand the importance of delegating tasks, and not shy away from asking for help or feedback from colleagues or superiors when necessary.
Encourage open communication and develop a strong social network within the workplace to foster support and collaboration.
Take care of personal well-being by scheduling breaks and personal time to recharge and prevent burnout.
Being attentive to these elements can lead to improved time management, better work-life balance, and ultimately, a more fulfilling professional advancement.
Define the following terms: 1. Income- 2. Money Supply- 3. Inflation- 4. Recession- Answer the following questions in 1-2 sentences 1. What is the cost-push theory of inflation? 2. Describe the law of diminishing utility. 3. What is the concept of risk and return? 4. Tell me two ways that you can manage risk. For the following statements answer true or false 1. When demand exceeds supply, this is known as the quantity theory of inflation. 2. Recessions occur when there is a drop in spending. 3. Governments may try to end a recession by increasing the money supply. 4. An income tax is set by your place of employment. 5. If you own a stock, you are known as a shareholder. 6. Checking and Savings accounts are ways in which to invest your money. 7. Purchasing insurance is not a good way to manage your financial risk. Short answer-Answer in three to four sentences Describe how Money supply, inflation, and recession are all related.
Income is the flow of cash received from work (in the form of wages), capital (in the form of interest for profit), land (in the form of rent).
The money supply is
the total amount of money in circulation in an economy. How we define “money”
in this sense can vary from physical cash, to include bank accounts, to things
that are even less liquid such as short-term bonds.
Recession is a period of shrinkage in the size of the economy, usually defined by a negative growth rate of GDP. The general rule for determining whether a recession is happening is two consecutive quarters of negative GDP growth.
Inflation is the rate
at which the aggregate price of goods in an economy increases. It is often
represented by the change in price of a representative basket of goods.
Cost-push theory
states that inflation is driven by higher costs of factors of production
(capital, labor), which in turn weakens supply while demand remains consistent,
which increases prices. It is the theory that inflation is primarily driven by
the supply curve moving to the left due to increased costs of production.
The law of diminishing utility (more accurately called the law of diminishing marginal utility), is the general (but not universal) rule in utility theory that each additional unit of an identical good adds a smaller (but usually still positive) additional utility. In other words, the first unit gives you more utility than the second unit, but since you have more total utility with two, you’d rather have two than one.
The concept of risk and return is that, as a general rule, an investor must
expose herself to a higher level of risk in order to achieve a higher return on
her assets. This increase expected return is known as the “risk premium”.
Two ways to manage risk would be to:
1) Diversify your investments. Buying a
wide variety of securities, bonds, or any other financial instrument lowers the
overall volatility of the portfolio, and decreases your exposure to unexpected
volatility in any one holding.
2) Another way to manage risk is to protect your investment using insurance. Insurance helps you avoid the risk of huge and unacceptable losses through a much smaller, periodic expense.
1. This is false. The quantity theory of inflation states that an increase in
the money supply causes an increase of the same percentage in the price levels.
2. This is true. Recessions generally happen when a sharp drop in spending has
occurred.
3. Governments may try to end a recession by increasing the money supply. This
is true. Governments usually do this by manipulating the interest rate of the
central bank. This is known as quantitative easing.
4. False. An income tax is set by and collected by the government.
5. True, Stocks, or shares, are held by shareholders.
6. False. A checking or saving account is a way to save your money. Investment in macroeconomics is defined by purchasing capital or some other asset to generate income, and saving is lending money to these capital investors to earn a return. A checking or savings account enables you to earn a very small return on your savings.
7. False. Purchasing insurance is a wise way to manage your financial risk, as it puts a limit on how much you can lose due to unforeseen incidents such a sudden valuation change in an owned stock or severe damage to your home. Insurance can take many forms, from more formal home insurance to protective options on stocks you own.
Inflation is an increase in the aggregate price level of the economy. This increase in the aggregate price level is attributed in part to more cash in circulation in an economy (the money supply). Recession is a period in which the aggregate demand, due to a decline in general economic activity including spending, for goods declines. This can cause negative inflation, in which aggregate prices drop due to less demand. Governments may try to stimulate an economy in recession by increasing the money supply, usually through the central bank’s interest rate (lower interest rates translate to higher money supply).
If internet entertainment group used candyyland.com instead of candyland.com, could they continue to use that mark?
Technically, the Internet Entertainment Group could use candyyland.com as a mark, but may face possible trademark infringement issues due to its phonetic similarity with candyland.com. The entity would need to register it legally and ensure it doesn't lead to any confusion with existing trademarks.
Explanation:The Internet Entertainment Group could potentially continue to use candyyland.com as a mark, assuming that they legally register it and that it is not confusingly similar to any other existing trademarks. Trademarks are eligible for protection as long as they are distinctive and non-descriptive. However, if there are pre-existing marks for 'Candyland' in relevant categories, introducing candyyland.com could lead to a possible trademark infringement. This is because candyyland.com is phonetically similar to candyland.com, and may lead to confusion. Even though, the fact of typo or slightly different spelling does not exempt it from trademark laws.
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Forecasts projecting that resources such as oil, trees, and farm land will be depleted have been incorrect primarily because they have failed to account for
a. this is a trick question: we have already run out of several natural resources that were privately owned and this will be an increasing problem in the future.
b. increased government regulation of the resource as it approaches depletion.
c. prudent government purchases of the resource in order to conserve it for future generations.
d. the role of prices; if the supply of a resource decreases and it becomes more valuable, its price will rise, increasing the incentive to both conserve the resource and find more of it.
Theodore and janice have formed tj soft, an entrepreneurial venture to develop games and other kinds of software for consumers. theodore has just gotten wind from a highly reliable source that games involving animals and ecosystems are likely to be extremely "hot" in the coming year. theodore is excited because tj soft has two games in development that fit the animal/eco niche perfectly. which component of the external environment will affect tj soft the most in this situation?
The question “how much of our annual budget should we spend to advertise our new product line?” would most likely be asked by a
Emily has used this file format many times, as it is suitable for photographs, and highly compressed, which makes it a good idea when file storage is at a premium. what is this format?
Sunshine has developed a new cruise offering and is targeting a single, specific segment with a single marketing message. this is an example of ________.
Drag each task to the appropriate column based on whether it is a task that embedded computers do or do not perform.
Embedded computers are designed for specific tasks within larger systems, performing tasks including data processing and control functions. They typically don't perform tasks unrelated to their specific function—like web browsing. So, sort tasks according to whether they align with these uses.
Explanation:An embedded computer is a computer that is designed to perform specific tasks or functions. It is typically embedded in another device and forms part of a larger system, often providing the critical computing functions for that system. Examples include controllers in vehicles, medical devices, home appliances, and industrial equipment.
Tasks that embedded computers commonly do include: processing input data, controlling mechanical or electronic components, performing control functions, providing user interfaces, and managing communication. Tasks that an embedded computer wouldn't typically perform are those not directly associated with the specific function they've been designed for—for instance, web browsing or word processing.
Dragging and dropping tasks into columns based on whether an embedded computer would perform them requires considering if the task directly relates to the function of the system the embedded computer is part of.
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Suppose that the demand and supply schedules for rental apartments in the city of gotham are as given in the table below.
a. what is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied?
b. if the local government can enforce a rent-control law that sets the maximum monthly rent at $1,500, will there be a surplus or a shortage? of how many units? and how many units will actually be rented each month?
c. suppose that a new government is elected that wants to keep out the poor. it declares that the minimum rent that can be charged is $2,500 per month. if the government can enforce that price floor, will there be a surplus or a shortage? of how many units? and how many units will actually be rented each month?
d. suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply of housing. assuming that demand remains unchanged, by how many units of housing would the government have to increase the supply of housing in order to get the market equilibrium rental price to fall to $1,500 per month? to $1,000 per month? to $500 per
Answer:
a. What is the market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied?
Market equilibrium rental price = $ 2,000 correct.
Market equilibrium quantity = 12,500 apartments
b. If the local government can enforce a rent-control law that sets the maximum monthly rent at $1,500, will there be a surplus or a shortage?
-Shortage Correct
Of how many units?
-5,000 apartments per month
How many units will actually be rented each month?
-10,000 apartments
c. Suppose that a new government is elected that wants to keep out the poor. It declares that the minimum rent that landlords can charge is $2,500 per month. If the government can enforce that price floor, will there be a surplus or a shortage?
-Surplus Correct
Of how many units?
-5,000 apartments per month
And how many units will actually be rented each month?
-10,000 apartments
d. Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply of housing. Assuming that demand remains unchanged, by how many additional units of housing would the government need to supply to get the market equilibrium rental price to fall to $1,500 per month?
-5,000 apartments
To $1,000 per month?
-10,000 apartments
To $500 per month?
-15,000 apartments
Explanation:
Demand and supply are the two forces that run the market and determine the production and consumption of the people in the economy. The production in the firm depends on the demand in the market and the supply in the market depends on the consumption of the people.
a. The market equilibrium rental price per month and the market equilibrium number of apartments demanded and supplied is:
Market equilibrium rental price = $ 2,000 correct.
Market equilibrium quantity = 12,500 apartments
b. If the local government can enforce a rent-control law that sets the maximum monthly rent at $1,500, there will be a shortage of 5,000 apartments per month. Each month the actual rented units will be 10,000 apartments.
c. Suppose that a new government is elected that wants to keep out the poor. It declares that the minimum rent that landlords can charge is $2,500 per month. If the government can enforce that price floor, there will be a surplus of 5,000 apartments per month. The actual rented units will be 10,000 apartments.
d. Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply of housing. Assuming that demand remains unchanged, the government has to increase the supply of housing in order to get the market equilibrium rental price to fall to $1,500 per month by 5,000 apartments.
To $1,000 per month?-10,000 apartments
To $500 per month?
-15,000 apartments
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When working on a suspended scaffold 10 feet or higher above the working surface, or in a bucket truck or aerial lift, what safety device should you wear?
A. Personal Fall Arrest System
B. High Visibility Gear
C. Steel-toed Boots
D. Gloves
The answer is "A. Personal Fall Arrest System".
A personal fall arrest system is one choice of insurance that OSHA requires for laborers on building locales who are presented to vertical drops of 6 feet or more and is required for use by all representatives working from a lifted position that represents a fall hazard.
As of January 1, 1998, body belts are not worthy as a feature of a personal fall arrest system, since they force a risk of interior wounds when ceasing a fall.
Answering the question, when working on a suspended scaffold 10 feet or higher above the working surface or in a bucket truck or aerial lift, the safety device you should wear is Personal Fall Arrest System. This implies the correct answer is A.
A personal fall arrest system is a system that a worker or employer used to give protection in any fall arrest event.
Further ExplanationA personal fall arrest system is one of the major types of fall arrest. Also, the major common fall arrest in a working environment is a personal fall arrest system.
There are three main components of a personal fall arrest system.
These component include:
Anchor: it is a fixed structure; it also contains an anchorage connector that holds other components of the personal fall arrest system.Body wear: it is full-body protective equipment also called harness. The harness protects workers from damage or injury.Connector: it is a personal fall arrest subsystem component. It is used to connect the harness and anchorage. An example of a connector is Lanyard, a lanyard is a cord that is worn around workers' neck or shoulders, and it is used to keep items such as ID cards.Other elements of fall arrest also include
Deceleration device: it is a very important subsystem component. It used to dissipate forces linked with fall arrest occurrence.Emergency plan and equipment: it is a clear procedure towards rescuing a suspended work in case of any fall arrest eventLEARN MORE:
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personal fall arrest systemscaffoldbucket truckaerial liftsafety devicethe employees of a company feel that rewards are fairly allocated. this illustrates _____.
On september 1, capitol maintenance company contracted to provide monthly maintenance services for the next nine months at a rate of $2400 per month. the client paid capitol $21,600 on september 1. the maintenance services began on that date. assuming capitol records deferred revenues using the alternative treatment, what would be the adjusting entry recorded on december 31?
Monthly maintenance services for the next nine months at a rate of $2400 per month
The client paid capitol $21,600 on September 1
The adjusting entry recorded on December31will be that the debit service revenue and credit unearned revenue for $12,000.
When asking data owners questions to determine how sensitive or critical their data is, you should ask what type of question to get unbiased answers?
Answer:
How relevant is this information to my topic?
Explanation:
So research work is relevant when it brings something new to an established body of knowledge, or when it is against those views. Of course the work should be researched in all its relevant existing research work. So it representable, and from that basis it becomes more relevant.
"how long will it take to double your savings if you earn 7.2 percent interest, compounded annually?"
A recent study of 100 employees from six departments of a major corporation found 65% to be sleep deprived. the researchers concluded that the majority of corporate employees are sleep deprived. the researcher’s conclusion is suspect because it
Carlos confronts jane with the discrepancy between his own salary and those of the newly hired managers. from a management perspective, what forces do you suppose jane is dealing with? social forces political forces economic forces both social and economic forces
The confrontation of Carlos towards Jane because of the discrepancy between his salary and also of those who are newly hired had connected in a management perspective that they are dealing with forces such as the social and economic forces because their issue is being affected by these two forces, in which it will be a contributing factor of how the issue has happened or occurred.
Answer:
The correct answer is letter "D": both social and economic forces.
Explanation:
From the management perspective, Jane will be facing a social issue at first since Carlos is bringing up the difference between how they are treating him and others. As the topic itself is the salary, it also represents an economic issue since Carlos is being affected by the actions taken by the company giving better payments to newly hired executives.
Sales and marketing activity in international markets can be blocked by ______, which emphasize a country’s interests above all else
Bradley snapp has deposited $7,000 in a guaranteed investment account with a promised rate of 6% compounded annually. he plans to leave it there for 4 full years when he will make a down payment on a car after graduation. how much of a down payment will he be able to make? select one:
a. $1,960.00
b. $2,175.57
c. $8,960.00
d. $8,837.34
e. $9,175.57
If our fixed expenses are $20,000, and sales are $550,000, and our unit selling price is $55, and our unit variable expense is $44; what would profits be?
When there are television commercials for the ford focus, television is the _____?
Television is the advertising platform or medium used for Ford Focus commercials.
Explanation:In the context of television commercials for the Ford Focus, television is the advertising platform or medium. Television advertising is a highly effective way for companies to promote their goods and services, as it allows them to reach a wide audience and target specific demographics. Advertisers can utilize data gathered by network and cable television companies to tailor their advertising to the viewers' preferences and interests.
For example, when Ford advertises the Ford Focus on television, they are using television as a medium to showcase the car's features and benefits to potential customers. The television commercials aim to capture viewers' attention and influence their purchasing decisions.
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________ is a marketer's tool in assessing products in terms of suitability for a market.
George has to present the goals of information management to his team member. What is a goal of information management?
The goal of information management is to identify information requirements for various management levels.
Final answer:
Information management goals include ensuring data security, improving efficiency, and enhancing decision-making.
Explanation:
One goal of information management is to ensure the security and confidentiality of data. This involves implementing measures such as encryption, access controls, and regular backups to prevent unauthorized access and data loss.
Another goal is to improve the efficiency of information flow within an organization. This can be achieved by implementing systems and technologies that streamline communication, automate processes, and provide quick and easy access to relevant information.
Additionally, information management aims to enhance decision-making by ensuring that accurate and timely information is available to managers and other decision-makers. This involves gathering, analyzing, and presenting data in a meaningful way, enabling informed decision-making.
Why do executives and managers spend more time listening than do workers?
The executive and manager spend more time listening than do workers because all the decisions are taken by the executive and managers.
Further Explanation:
Executive and managers are the top level of management, the manager takes all the decisions related to the company. The decision related to finance, investment, increase capital, open a new subsidiary, industry-related issues, and workers issues. All the decisions have taken by the executive and manager.
The executive and manager should listen more to take an appropriate and correct decision which may increase the value of the profit. The manager and executive should responsibility for all the party's points of view to take a good decision. The manager should take into consideration of all the prospective parties, the decision may affect the parties.
Workers have to manufacture the good only, they do not need to listen more. As they already know about how many units, they have to manufacture in a particular time period. The responsibility of a company does not in the hands of workers. The responsibility of the company does in the hands of executives and managers.
In the hierarchy of manager, workers belong to the bottom level of the manager and the executive and manager belongs to the top level of managers.
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Answer details:
Grade: Middle School
Subject: Management
Chapter: Level of Managers
Keywords: executive, manager, spend, more, time., listening, workers, decisions are taken, top-level, bottom level, appropriate and correct decision, responsibility.
While price is often the activation point that gives people the reason to subscribe and come back to groupon, consumers are really more concerned with dealing with a quality merchant and having a unique experience with their friends. in other words, consumers focus on the unique combination of benefits from the experience which is known as ________?
Which method is a faster, easier, and more convenient way of job searching than looking at newspaper ads?
A) direct search
B) Internet search
C) word of mouth
D) employment agencies
i think (b) ~internet search~ but i might be wrong. hope this helps