A modest inflation would help the car manufacturing industry compete with foreign car manufacturers because c. It could allow real wages to downwardly adjust more easily.
How would a modest inflation help with foreign competition?When there is modest inflation, it means that the real wages paid to the employees in the car companies would fall.
This would reduce the real costs to the card companies in terms of producing cars. They will then be able to charge lower selling prices which would allow them to compete with cheaper imports.
Options for this question include:
a. The consumers of the cars have increased purchasing power.
b. Business loans would cost less for the U.S. car manufacturers.
c. It could allow real wages to downwardly adjust more easily.
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a good marketer can identify potential opportunities by paying close attention to environmental ________; it is important to continuously monitor the business environment in which a company operates.
Paying close attention to environmental factors leads to potential opportunities for a good marketer. Such factors include market competition, consumer demand, etc.
What are the factors affecting marketer success?
The followings are factors affecting marketer success:
Economic EnvironmentMarket CompetitionLegal EnvironmentDemographic FactorsThus, there are many other factors that good marketers need to focus on so that they can identify potential opportunities.
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A good marketer can identify potential opportunities by paying close attention to environmental factors it is important to continuously monitor the business environment in which a company operates.
What is business environment?Business Environment can be referred to as the collection of all internal as well as external factors that can affect the business.
These factors could be:
employees customers needs expectations supply and demandRead more on business environment here:
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The marketing concept that states that a business must find out what consumers want and provide it for them is called the: Multiple choice question. profit orientation product orientation service orientation customer orientation
The correct option is D). Customer orientation.
What is customer orientation?Customer orientation is a business approach in which an organization puts the needs of the customer on the priority over the needs of the business.
Any business without following customer-orientation approach cannot flourish unless it consistently improves customer focus.
Customer orientation is very important for achieving customer satisfaction.
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What term describes the legal ways to use copyrighted material without permission?
Answer:
Fair use is the right to use a copyrighted work under certain conditions without permission of the copyright owner.
Explanation:
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Federal regulations require Medicaid to establish and maintain a(n) __________ program, which safeguards against unnecessary or inappropriate use of Medicaid services or excess payments and assesses the quality of those services. a. recipient eligibility verification b. early and periodic screening, diagnostic, and treatment c. eligibility verification d. surveillance and utilization review
Answer:
SURS surveillance and utilization review subsystem
Under the perpetual system, cash freight costs incurred by the buyer for the transporting of goods is recorded in which account?
Based on the perpetual system, a buyer can incur cash freight costs if they transport Inventory.
How are freight costs treated?The perpetual system allows for the buyer of inventory to record the freight cost for the merchandise in the inventory account.
This means that the freight cost will be capitalized and added to the cost of the inventory to recover the costs.
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suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced _____.
Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment
What is frictional UnemploymentFrictional unemployment occurs when an individual is temporarily unemployed as a result of searching for new or better job.
This is a time of transition usually from an existing job to a new one.
Therefore, Suppose a worker quits her job in order to look for new work. after a week or two of looking, she finds a new job. during her brief job search, she experienced frictional unemployment
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During delivery of a 2023 ariya equipped with propilot assist 2. 0, what should you point out to your customers about the turn signal stalk?.
As a sales person, one should point out the benefits of the of the car to the customers..
What should you point out to your customers about the turn signal stalk?This is a business question that relates to how you wan to market the benefits of a product to your clients. In this case the Product is the SUV - Ariya by Nissan.
The focus should be on the benefits of the Turn Signal Stalk to the customers not on the technology involved in the process.
That way, you customers can connect more with what they stand to get rather than how you created the utility.
The Turn Signal Stalk is a button that makes it easy to navigate the vehicle. Pushing it up is for a right turn, while pushing it down is for a left.
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g In order to increase the responsiveness of a forecast made using the moving average technique, the number of data points in the average should be:
In order to increase the responsiveness of a forecast made using the moving average technique, the number of data points in the average should be: A. decreased
What is a Forecast?This refers to the prediction about a particular thing that is to occur in the future based on available data or inference.
Hence, we can see that based on the use of the moving average technique when increasing the responsiveness of a forecast, there must be a decrease in the average of the data points because fewer data points result in more responsive moving averages.
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Economic analysis suggests that countercyclical macro-policy will a. help reduce economic instability if, and only if, we are willing to tolerate double-digit inflation. b. be difficult to time properly because of uncertainty about the future direction of the economy. c. reduce the natural rate of unemployment when macro-policy is persistently expansionary. d. be difficult to implement because we do not know whether monetary policy is transmitted through the interest rate, or whether it affects aggregate demand directly.
Economic analysis suggests that countercyclical macro-policy will c. reduce the natural rate of unemployment when macro-policy is persistently expansionary.
What is Counter-cyclical fiscal policy?Counter-cyclical fiscal policy can be regarded as the policy that government usually used to go against the direction of the economic or business cycle.
Therefore, reduce the natural rate of unemployment when macro-policy is persistently expansionary.
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A speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness. True or False ?
It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.
What is anecdote?Anecdote are short stories that can be used during presentation to make the audience relate with the story and also follow the speaker.
If a speaker want to be lively anecdote can be used to keep the audience alive.
Therefore,
It is true that a speaker wanting to use humor in his/her presentation should be sure to practice the joke or anecdote to maximize its effectiveness.
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Time-and-motion study involves Multiple Choice how physical characteristics lead to fatigue and thus poor performance. timing and recording the actions taken to perform a particular task. classifying workers into distinct categories based on the average time taken to accomplish a particular task. recording the number of motions workers make to complete a task. rewarding workers when they perform at a high level of efficiency.
Generally, the Time-and-motion study entails the timing and recording of actions taken to perform a particular task.
What is a time-and-motion study?
It refers to the study of conservation of human resources while searching for the most efficient method of doing a task.
Hence, this kind of study involves a careful timing and recording of the actions taken to perform a particular task.
Therefore, the Option B is correct.
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Karen and Anika chose the small business owners niche target market because of their limited resources and experience as entrepreneurs. A significant downside of targeting a niche market is
A significant disadvantage of targeting a niche market is the limited potential for business growth.
What is the niche market?It is a strategy for a company to specialize in a particular area, segmenting its audience and becoming an expert in its area of business.
Therefore, although segmenting a niche market has the advantages of customer loyalty to the brand, this strategy can also reduce the possibility of business growth.
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All definitions are correct except: Leverage: using other people's money. Equity buildup: As the loan is paid, the amount an investor has invested increases, thus decreasing the loan and increasing equity. Liquidity: how fast the property can be sold. Basis: an income tax term meaning how much the property is currently worth.
The definition that is not correct is that Leverage: using other people's money.
What is leverage?When it comes to property, using leverage means borrowing money from a bank or financial institution.
Leverage is therefore not a simple matter of using other people's money, but rather using complex loan instruments from institutions.
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What are the legal requirements owners should fulfill before forming a corporation
The legal requirements that owners should fulfill before forming a corporation are:
Owners should meet the state statutory needs. Owners should register the name and articles of incorporation.What is a Business Corporation?This refers to the business structure that operates as a separate entity that has shareholders and board of directors.
Hence, we can see that based on the legal requirements of starting a business corporation, the need to meet the state statutory needs and also register the name and article of the incorporation.
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When is a consumer most likely to engage in cognitive decision-making?
A consumer is most likely to engage in cognitive decision-making when: The outcome of the decision has a high degree of risk.
Cognitive decision-makingA consumer can tend to engage in cognitive decision-making when the following occur:
When the decision making mode is most common.When the decision making is related to the consumer self-concept. When the outcome or the result of the decision made by the consumer has a high degree of risk.Therefore a consumer is most likely to engage in cognitive decision-making when: The outcome of the decision has a high degree of risk.
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why do firms purchase real assets in the form of capital equipment?
The reason why firms will often purchase real assets that come as capital equipment is a. to create value for their customers.
Why are capital equipment purchased?Capital equipment are used in the production of goods and services by companies.
They are therefore bought by companies because the goods and services that they will be used to produce are for customers.
Options for this question include:
a. to create value for their customers.
b. to offer customers less value.
c. to allow them to fire more workers.
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Who does copyright law protect the rights of?
Identify examples of leveling mechanisms in the United States. Example of a Leveling Mechanism use of taxpayer money to repair roads and bridges Press Space to open use of taxpayer money to pay for the military Press Space to open use of taxpayer money for political gains Press Space to open use of taxpayer money to pay for public schools
The use of taxpayer money for political gains is NOT a leveling mechanism.
The use of taxpayer money to pay for public schools IS A leveling mechanism. Leveling is the reduction of elimination of inequality.
What is a Levelling Mechanism?A leveling mechanism is a mechanism or a system that is used to reduce or eliminate social inequality.
Thus, it is correct to state that:
The use of taxpayer money for political gains is NOT a leveling mechanism; whileThe use of taxpayer money to pay for public schools IS A leveling mechanism.Learn more about inequality at;
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a. The government's direct role in the production of physical capital is primarily focused on research and development . b. The government's direct role in creating human capital is primarily focused on
The role of the government in promoting economic growth can be explained below:
a. The government's direct role in the production of physical capital is primarily focused on developing infrastructure.
a. The government's direct role in the production of physical capital is primarily focused on developing infrastructure.
What do you mean by economic growth?
Economic growth may be described as the growth or development in the inflation-adjusted marketplace value of the products and offerings produced with the aid of using an economy over a certain period of time.
The complete question is attached in the image below:
Hence, the correct statements are:
a. The government's direct role in the production of physical capital is primarily focused on developing infrastructure.
b. The government's direct role in the production of physical capital is primarily focused on developing infrastructure.
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Now, suppose the fish cannery has the property rights to the lake, including the right to pollute it. In this case, assuming the two firms can bargain at no cost, the fish cannery willuse the recycling method, and the resort will pay the fish cannerybetween $300 and $800 per week. The resort will make the most economic profit whenit has property rights to a clean lake . True or False: The fish cannery will use the recycling method, regardless of who has the property rights. True False
The fish cannery will use the recycling method, regardless of who has the property rights: TRUE
What is recycling?Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste. Both the environment and your community may benefit from recycling.Given situation:"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.
In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.
The resort will make the most economic profit when it has property rights to a clean lake."
Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.
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What is the most accurate statement about posting complaints online?
The most accurate statement about posting complaints online is that it may make the complaints of the complainers seem irrational.
What does it mean by posting complaints online?
This has to do with the fact that people may decide to express their displeasures about certain issues through the use of social media.
The use of this may sometimes make the people seem irrational on the issues they have.
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The contribution-margin ratio is: Select one: a. the difference between the selling price and the variable cost per unit. b. unit contribution margin divided by the selling price. c. variable cost per unit divided by the selling price. d. fixed cost per unit divided by variable cost per unit. e. unit contribution margin divided by fixed cost per unit.
In business, the contribution-margin ratio is b. unit contribution margin divided by the selling price.
What is the contribution-margin ratio?After finding the contribution margin by subtracting the variable costs from the selling costs, you can then find the contribution margin ratio in the following formula:
= (Unit contribution margin) / Selling price
This shows how much of the selling price will be left after variable costs are accounted for.
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The contribution margin ratio is defined as the difference between the selling price and the variable cost per unit.
The contribution margin is the difference between sales revenue and variable costs. It helps businesses calculate how much revenue they will generate from each product sold, after accounting for the cost of producing that product. The contribution margin ratio, also known as the contribution margin percentage, is calculated by dividing the contribution margin per unit by the selling price per unit.
This percentage can be used to determine the break-even point, which is the number of units a business needs to sell in order to cover its fixed costs. The higher the contribution margin ratio, the better, as this means that more of each sale goes towards covering fixed costs and generating profit.
The contribution margin ratio is an important metric for businesses to monitor as it can help them make informed decisions about pricing, production, and sales strategies.
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A person drops off a prescription for a beneficiary who is a regular customer. The prescription is for a controlled substance with a quantity of 160. This beneficiary normally receives a quantity of 60, not 160. You review the prescription and have concerns about possible forgery. What is your next step?.
When someone reviews the regular dosage is a quantity of 60, but the prescription is of 160 quantity, it must be confirmed from the prescriber regarding the actual required dosage to detect forgery.
What is forgery?In a condition where an individual tries to copy or imitate a document, or any work of art representing it to others as an original piece, then such a condition leads to forgery.
There are chances that the prescription of the regular customer has been imitated by forgery, and so the quantity of the dosage is not normal as usual.
Hence, the significance of forgery is aforementioned.
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A broker is concerned about the potential for litigation as a result of actions his licensees may take. He's implementing a risk management plan to reduce the level of risk his firm faces. What's the first step he should take
A broker first step should take, to identify the risk.
What is risk management?
The process of discovering, evaluating, and controlling risks to an organization's resources and profits is known as risk management.
The risk management process is made up of five fundamental processes that are used to control risk. It starts with identify the risk, analyze the risk, prioritize the risk, treat the risk, monitor the risk.
Hence, the significance of the risk management is aforementioned.
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It's your friends 35th birthday today and you happen to talk to her about her retirement plans. Your friend tells you she is planning to save $5,000 per year for retirement, and has just made her first deposit today. She will invest in a mutual fund that will provide a return of 8% per year. She plans to retire when she turns 65 (and will make 30 annual payments of $5,000 until then), and she expects to live to age 90. Under these assumptions, how much can she spend in each year after she retires? Her first withdrawal will be made one year after she retires (i.e. on her 66th birthday), the last withdrawal on her 90th birthday.
She can spend $6,480 each year after she retires.
What is a retirement plan?A retirement plan is a financial arrangement created to supplement income received from the job after retirement. Employers, insurance providers, labor unions, the government, or other organizations may establish these programs. By providing advantageous tax treatment to a wide range of plans, Congress has stated a goal to promote sensible retirement planning. The Internal Revenue Code's provisions form the basis for the federal tax features of retirement plans in the United States, while the Employee Retirement Income Security Act's requirements are used by the Department of Labor to govern these plans (ERISA).Solution -[tex]5000 * 30 = 150,000[/tex]
8% of [tex]150,000 = 12,000[/tex]
The total amount for retirement [tex]= 162,000[/tex]
Number of years to spend money [tex]= 25[/tex]
The money she can spend each year = [tex]\frac{162,000}{25} =6,480[/tex]
Therefore, she can spend $6,480 each year after she retires.
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Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one. Kaylee chooses a refrigerator with a 12-month, no-interest financing offer. The sales agreement lists the sale price, the amounts and dates of payments, the APR that will apply if Kaylee doesn't pay off the refrigerator in 12 months, and a lot of other information. The law that requires sellers to provide this information to purchasers is
Kaylee's refrigerator suddenly breaks down. It's old and would be expensive to repair, so she decides to buy a new one. The law that requires sellers to provide this information to purchasers is "The Truth-in-Lending Act". This is further explained below.
What is The Truth-in-Lending Act?Generally, In 1968, Congress passed and President Nixon signed the Truth in Lending Act (TILA) to protect customers from dishonest lenders.
In conclusion, Kaylee's fridge has broken down unexpectedly. Being too old and costly to fix, she opts to replace it instead. The "Truth-in-Lending Act" is the piece of legislation that mandates vendors provide this data to buyers.
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Substitution and income effects of a change in price of a good may be used to explain the
direct relationship between price and quantity purchased.
O inverse relationship between price and quantity demanded.
direct relationship between price and quantity supplied.
direct relationship between income and demand.
Substitution and income effects of a change in price of a good may be used to explain the inverse relationship between price and quantity demanded.
What is the income and substitution effect?The substitution effect looks at the change in price of a good relative to other goods. If the price of a good falls, it becomes cheaper relative to other goods. As a result, consumers buy more of the good relative to other goods.
The income effect looks at how a change in price affects real disposable income. When the price of a good decreases, real disposable income increases. As a result, consumers can afford to buy more of the good as the consumers purchasing power has increased, holding money income constant.
So, when price falls, there is an increase in the quantity demanded. This is an inverse relationship.
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A potential negative result of trade agreements is
A $100 petty cash fund has cash of $17 and receipts of $86. The journal entry to replenish the account would include a
The journal entry to replenish such a petty cash fund would be a credit to Cash for $83.
How are petty cash funds replenished?The petty cash fund will have to remain at the same balance of $100 at the end of the period.
In order to do that, the amount to come into the account is:
= 100 - 17
= $83
This amount will be taken from the cash account which is why it is to be credited.
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A transfer payment is Question 8 options: a payment for moving expenses a worker receives when he or she is transferred by an employer to a new location. a payment that is automatically transferred from your bank account to pay a bill or some other obligation. a form of government spending that is not made in exchange for a currently produced good or service. the benefit that a person receives from an expenditure by government minus the taxes that were collected by government to fund that expenditure.
A transfer payment is a form of government spending that is not made in exchange for a currently produced good or service.
What is transfer payment?Transfer payment is when the government makes payment for goods when goods and services are not produced or rendered. An example of transfer payment is social security. Transfer payment is not added to the calculation of gross domestic product.
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