Answer:
Transactions Exports Imports Net Export
A French historian spends a Increase Unchanged Increase
semester touring museums
and historic battlefields in
the United States.
Students in Paris flock to see the Increase Unchanged Increase
latest movie from Hollywood.
Your auntie purchases a Unchanged Increase Decrease
Panasonic camera.
Your aunt buys a novel by a British Unchanged Increase Decrease
author from a local bookstore.
Your parents buy a bottle of French Unchanged Increase Decrease
wine from a local wine store.
Note:
The export means selling of domestic goods and services into foreign nations
The import means domestic purchases of goods and services from foreign nation
Net export means the difference between the total export and total import of a nation.
The effects of the following on Imports, Exports, and U.S. Exports:
A French historian spends a semester touring museums and historic battlefields in the United States.
Exports ⇒ IncreaseImports ⇒ Unchanged Net Exports ⇒ IncreaseExports increased because a foreigner was spending time and money on American made products. Net exports always increase when exports increase over imports.
__________________________________________________________
Students in Paris flock to see the latest movie from Hollywood.
Exports ⇒ IncreaseImports ⇒ Unchanged Net Exports ⇒ IncreaseExports increased because the movie was made by the United States.
__________________________________________________________
Your auntie purchases a Panasonic camera.
Exports ⇒ UnchangedImports ⇒ IncreaseNet Exports ⇒ DecreaseImports increased here because your auntie is American and bought things from a foreign country ( Japan). Net exports decrease when imports are more than exports.
__________________________________________________________
Your aunt buys a novel by a British author from a local bookstore.
Exports ⇒ UnchangedImports ⇒ IncreaseNet Exports ⇒ DecreaseImports increase because the product is made by foreigners (British).
__________________________________________________________
Your parents buy a bottle of French wine from a local wine store.
Exports ⇒ Unchanged Imports ⇒ IncreaseNet Exports ⇒ DecreaseImports increase because the wine is made by foreigners (French).
__________________________________________________________
In conclusion, imports decrease net exports and exports increase net exports.
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After a significant economic recession, prices and investing activity in the stock market began trending consistently upward six years ago. In the last three months, this trend has reversed and prices have fallen steadily. How are the past three months of the stock market classified? a. Primary bear market b. Secular bull market c. Primary bull market d. Secular bear market
Answer: Primary bear market
Explanation:
A primary bear market is when the stock market has a downward movement of decline in price. Such decline in price usually takes place for about two months and above.
Also for a primary bear market, the price decrease is about twenty percent or more. This is typically caused by several economic ills like recession.
Drag each example to the corresponding step in the new-product development process.
1. Idea Generation
2. Concept Testing
3. Product Development
4. Market Testing
5. Product Launch
6. Evaluation of Results
A. Samples
B. Big box
C. Brainstorm
D. Prototypes
E. Strong sales
F. Presentation
Answer:
1. Idea Generation ⇒ C. Brainstorm
Brainstorming is a process used to generate a large number of ideas where participating members contribute with any ideas that they can come up with.
2. Concept Testing ⇒ B. Big box
3. Product Development ⇒ D. Prototypes
When a company is developing a product, the firs thing that they will come up with is a prototype of the product.
4. Market Testing ⇒ A. Samples
Free samples are important when you are testing a new product, e.g. handing out free samples
5. Product Launch ⇒ F. Presentation
The formal presentation of a product takes place when the product is launched into the market.
6. Evaluation of Results ⇒ E. Strong sales
The way that a company can evaluate if a product was accepted or not by the market is to see their sales records, if sales are strong, then the product was accepted.
If Jane Key invests $18,527.74 now and she will receive $40,000 at the end of 10 years, what annual rate of interest will she be earning on her investment?
A. 8.5%
B. 10%
C. 8%
D. 9%
Answer:
C. 8%
Explanation:
Future value factor:
= $18527.74 / $40000
= 0.4631935
At 8% for 10 years the future value factor is 0.4631935
Note: Proof of calculation is attached below as picture
Universal Containers' contact center manager needs to measure the following metrics: - Agent productivity - Customer satisfaction Which report should a consultant recommend?
a. Average speed to answer
b. First contact resolution
c. Escalation rate
d. Average handle time
Answer: Average handle time
First contact resolution
Explanation:
Since the center manager needs to measure the productivity of the agent and the customer satisfaction, the report that should be recommended by a consultant would be the average handle time and the first contact resolution.
The average handle time shows the time taken for a transaction to be completed. This can be used to determine the productivity of agents. Also, first contact resolution can be used to determine customer satisfaction as it shows the number if queries that were successfully resolved.
The impact of globalization on human resource planning
Answer:
The answer is below
Explanation:
The impact of globalization on human resource planning is both positive and negative depending on the point of view it is being looked upon.
Some of which are:
1. Globalization has led to firms and organizations to recruit from far and wide, across nations if needed.
2. It has reduced the cost of traveling and goods and services deliveries
3. It has led to increasing firms reducing the cost of maintaining staff as individual contractors have increased due to the opportunity of remote jobs caused by globalization.
4. The human resources planning has been impacted by globalization such that, many staff has been retrenched.
5. Globalization has also caused brain drain to developing nations in terms of human resource planning.
When cities pass laws limiting the rent landlords can charge on apartments, the laws usually apply to existing buildings and exempt any buildings not yet built. Advocates of rent control argue that this exemption ensures that rent control does not discourage the construction of new housing. Evaluate this argument in light of the time-inconsistency problem.
Answer:
This situation represents an example of the time-inconsistency problem because the policymakers are likely to change their minds in the future, and either impose rent control to new housing as well, or to abolish all rent control laws.
In the first situation, the policymakers would be swayed by those arguing against the policy exception for new housing, while in the latter, the policymakers would simply find out that the policy is ineffective.
Indicate whether each of the following actions represents foreign direct investment or foreign portfolio investment.
a. Opening a retail store in a foreign country
b. Buying corporate stock in a retail chain in a foreign country
Answer: a. Foreign direct investment
b. Foreign portfolio investment
Explanation:
a. Opening a retail store in a foreign country is a foreign direct investment. This simply means a scenario whereby one establishes a business in another country that is different from ones own country. For example an American establishing a business in Japan is a foreign direct investment.
b. Buying corporate stock in a retail chain in a foreign country is a foreign portfolio investment. This is a situation when one buys shares, bonds etc in another country.
Your neighbor borrowed your new lawn mower and used it to trim his rock garden thus destroying it. Your lawn mower which cost you $100 at Home Depot. Your neighbor refuses to pay for it. You have to sue him in a Texas court to be compensated for your loss. What court will you go to
Answer: District court
Explanation:
In this scenario, since the neighbor have to be sued in a Texas court so as to be compensated for the loss that was incurred, the district court can handle this.
It should be noted that most district courts are usually courts that handle small cases such as this like domestic related cases or probably cases involving little crimes.
In this case, the district court can handle the lawsuit because the neighbor must be sued in a Texas court to be reimbursed for the loss. It should be noted that most district courts handle tiny cases like these, such as domestic violence situations or likely instances involving minor offenses.
So, the District Court is the correct court I can sue my neighbor in.
About District Court in Texas:
Texas district courts are the state's general jurisdiction trial courts. The Legislature determines the geographical region served by each court, but each county must have at least one district court. Several counties may be served by a single district court in sparsely populated portions of the state, whereas an urban country may be served by multiple district courts. In felony criminal cases, divorce cases, cases involving title to land, election contest cases, and civil issues involving a sum of money or damages of $200 or more, district courts have initial jurisdiction.
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What concerns do you have about managing distractions and obtaining the support you need to be successful
Answer:
The concerns about either the situations are defined following table.
Explanation:
Managing Distractions:
To evaluate the performance including its moment you start researching, working to recognize, and even get ahold of distractions. The effect would be an increased ability to concentrate mostly on tasks at hand, which ensures that you would rather concentrate and spend your attention increasingly constructively.External Study Environment:
During which your research paper could have a lot as far as how efficiently you analyze.Distractions:
Residence does seem to be famous because of its interruptions. Then again the parts of the country of the survey have been utilized for those certain operations.Distinguish between formal and informal methods of researching data for a business message.
Answer:
The differentiation between some of the instances is characterized below.
Explanation:
The formal method addresses the development relating to particular components that could be quantified as well as reviewed besides consistency or accuracy, while the informal one describes stats information on either the psychologist's gut instinct. Formal research has already been used much less throughout the past, while informal research has been widely used throughout the old days.Research the challenges associated with payments across international borders and prepare a brief summary of your findings. Do most e-commerce companies conduct business internationally
Answer:
The main challenge associated with payments across international borders is the challenge of currency rates. Because currencies vary across countries, sometimes a payment can be either hugely benefitial or hugely detrimental for a company, depending on how expensive or cheap its domestic currency is compared to the foreign currency.
Another challenge is related to international legislation, banking systems, red tape, and so on. Banking laws in some countries are more favorable to firms than in others, for example, by charging less financial expenses or comissions.
Which of the following most clearly represents an illegal termination of employment?
a. A builder fires one of his carpenters for showing up late to work, without asking the carpenter why he was late.
b. A mechanic is fired after refusing to wear the safety gear required by the shop owners.
c. A delivery service manager fires a female employee after making numerous comments about how unreliable he thinks women are.
d. A waitress quits her job in the middle of a shift because the restaurant is understaffed and patrons are getting upset.
Answer: c. A delivery service manager fires a female employee after making numerous comments about how unreliable he thinks women are.
Explanation:
It is explicitly prohibited by Federal law to fire someone on the basis of their gender. The delivery service manager in this scenario did just that when he fire the female employee based on his prejudiced feeling towards women at work.
In doing so, the man broke federal law and illegally terminated the employee's employment. She has the right to seek redress with the Equal Employment Opportunity Commission (EEOC).
Assume you are bequeathed $500 by a long-lost cousin. You decide that, for the next year, you will put all that money in the bank until you decide what to do with it. The bank is currently paying an interest rate of 4%.
a. At the year's end you will have $______
b. At the year's end your savings will have increased by $________
Answer:
Results are below.
Explanation:
Giving the following information:
Initial investment (PV)= $500
Number of periods (n)= 1 year
Interest rate (i)= 4% = 0.04
To calculate the future value after one year, we need to use the following formula:
FV= PV*(1+i)^n
FV= 500*(1.04^1)
FV= $520
The savings increased by $20.
Question 3 of 10
Which of the following is a disadvantage to refinancing?
O A. Prepayment penalties
B. Lower interest rates
O C. Locked rates
D. Lower monthly payments
Answer:
A. Prepayment penalties
Explanation:
Refinancing a loan has the benefits of a lower interest rate, which results in some cost-saving. However, when seeking to refinance, there cost that have to be incurred. The customer has to apply for refinancing, which attracts an application fee. The customer is also required to pay closing costs for the previous loan.
Lower interest rates, Locked rates, and Lower monthly payments are advantages of refinancing.
What would you tell your team are the three most important concepts to keep in mind while completing a marketing research project, and why are they important
Answer:
1. Product Fit
2. Customer Acquisition cost
3. Customer Service and Support.
Explanation:
The three most important concepts to keep in mind while completing a marketing research project are
1. Product Fit: this is the analysis of how well the product to be produced will satisfy the market.
2. Customer Acquisition cost: this is the analysis to determine the expected cost of enticing a new consumer or customer to the products or services to be produced.
3. Customer Service and Suppor: this is the analysis to ensure that the firm can finance the ensuing growth from its marketing enterprises.
Byron Corp. is considering the purchase of a new piece of equipment. The cost savings from the equipment would result in an annual increase in cash flow of $103,000. The equipment will have an initial cost of $423,000 and have a 5-year life. The salvage value of the equipment is estimated to be $80,000. If the hurdle rate is 12%, what is the approximate net present value
Answer:
The approximate net present value is $41,005.
Explanation:
Note: See the attached excel file for the calculation of the net present value (in red color).
In the attached excel file, the following are used:
n = The particular year in reference
r = hurdle rate = 12%, or 0.12
The approximate net present value is therefore calculate by adding all the present values in the attached excel file from year 0 to year 6 to obtain $41,005.
In 1926, Nedda McGrath became the first female
O copywriter
O art director
O editor
O graphic designer
Answer:
art director
Explanation:
ART DIRECTOR
As the cost of storage continues to decrease, SANs are emerging to be a better storage and data protection alternative for _______.
a. Enterprise Computing
b. Cloud Computing
c. SMBs
d. Secured Access
Answer:
a. Enterprise Computing
Explanation:
Remember, it is Enterprises that are most often concerned about data protection alternatives. Hence, SANs (Storage Area Networks) are providing improved data protection, by connecting several networks together using an enterprise-centered design approach.
This technology has indeed acted as a cost-effective storage alternative for some enterprises today.
Which of the following explains why businesses often use graphics
to warn workers of dangerous situations?
Answer:
There are no options listed, but a can cite a few reasons why companies use graphic signs:
statistically, the number of work related injuries decrease as the level of safety signage increases. visual signs are extremely effective ways of communicating, and when it comes to dangerous activities, their effectiveness increases. people tend to pay more attention to graphic signs than to written signs, that is the same reason why signs and logos are placed outside a company in order to identify it.graphic signs are very easy to recognize and associate. graphic signs do not need further or complex explanations, i.e. a picture is worth more than 1,000 words.and a long list of etc.Helen,a manager for Marshall Manufacturing,spends much of her time reviewing the global,technological,socio-cultural,competitive,and economic factors that can influence the success of her firm's marketing efforts.Helen's efforts indicate that she is involved with environmental scanning. Environmental scanning is the process of identifying the factors than can affect marketing success.
a. True
b. False
Answer:
a. True
Explanation:
The environment scanning means the scanning of the environment. In this, the information is collected with respect to the events and their relationship of an organization that could be internal and external. The main motive of this is to be measure the direction of the organization in near future
Also it identified the factor that impacts the success of the marketing
Therefore the given statement is true
1. Through the last decade, we have seen the impact business people have on our society. At the end of your career, what do you think people will say you did for society
Answer:
Impact of Business on Society
At the end of my career, I would like people to say that I have increased the opportunities for society to achieve sustainable survival.
Explanation:
This implies that I will ensure that my business community enjoys more of the positive impact that businesses can make in improving the society. To achieve this, I will ensure that my business operates in a sustainable, eco-friendly environment and engages in practices that promote such enabling environment. I will promote restraint in the use of ozone-depleting chemicals and advocate for renewal energy. I will promote green environments for my business and the community where it is located.
If you observe suspicious activity relating to a client's application for a financial product, you must notify your Team Leader, District General Manager, or Franchisee immediately.
a. True
b. False
Answer:
True
Explanation:
In simple words, every individual working in the fiance industry have a moral obligation and rules to follow. Under these obligations the individuals have some duties to clients as per which if the worker see something inappropriate regarding the activity of their client, he or she should first report to their immediate supervisor or take outside suggestion before going to the authorities.
Hence the given statement is true.
Social responsibility is know as ______.
A. profit and planet
B. people and community
C. none of the options are correct
D.people and profit
Answer:
B. people and community
Explanation:
Social responsibility is known as people and community. In other words it refers to any and all responsibilities that you may have when being part of a community or society to make that community better. This involves a wide range of responsibilities or obligations such as volunteering, cooperating with others, ethical and moral choices, etc. Anything that benefits the larger structure that you are part of would be considered a social responsibility.
The term that can be used to describe Social responsibility isB:people and community
Social responsibility can be regarded as ethical framework as well as suggests, which explains that there are different obligation for individual so they can work and cooperate with other.It involves different individuals and the community as a whole and all organizations.Therefore, option B is correct.
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Tricia had $100,000 in mortgage debt forgiven through a short sale on her principal residence on her Federal income tax return. Generally, Tricia must include what amount of the discharge of indebtedness from the disposition of her principal residence when completing her Schedule CA for 2019?
a) $0.
b) $25,000.c) $50,000.d) $100,000.
Answer:
d) $100,000
Explanation:
In answer to this question, Tricia must include $100000 as the amount of the discharge of indebtedness from the disposition of her principal residence when when she is completing her Schedule CA for the year 2019.
We have option d, 100000 dollars as the answer because the amount of debt forgiven is known to be taxable.
If Jane is not maximizing her utility with the original purchase, remembering the Law of Diminishing Marginal Utility, would she be better off buying one less fries and one more chicken sandwich? Explain your reasoning and show any calculations.
Answer:
Since Jane's marginal utility per dollar spent is much greater for chicken sandwiches, that means that she is not maximizing her utility by purchasing fries. Instead of buying the third order of fries she should buy another chicken sandwich. The third order of fries only yields 3 utils per dollar. We are not given the exact utils per dollar of the fourth chicken sandwich, but the third one yielded 15 utils per dollar and the marginal decline is not that steep. The important number is the utils per dollar, not the price of the goods.
The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2021. 2019 2020 2021 Net Income (loss) $ 1,200 $ (500 ) $ 2,300 Net Cash Flows $ 500 $ 300 $ 2,800 Dividends $ 200 $ 0 $ 200 Issuance of Stock $ 2,000 $ 0 $ 0
Answer:
$2,600
Explanation:
Statement of Retained earnings
2019 2020 2021
Beginning balance $0 $1,000 $500
Add: Net Income (Loss) $1,200 ($500) $2,300
Less: Dividends $200 $0 $200
Ending balance $1,000 $500 $2,600
Note: The ending balance of each year is c/f as beginning balance for the subsequent year
Holding all other things constant, a higher price for ski lift tickets would A. increase the number of skiers. B. increase the price of skis. C. decrease the number of skis sold. D. decrease the demand for other winter recreational activities.
Answer: C. decrease the number of skis sold.
Explanation:
Following the Law of Demand which states that if the price of a god increases, the quantity demanded for that good and complimentary goods will decrease.
People would only buy Ski lift tickets if they had skis. If people find out that after buying skis, they would have to buy ski lift tickets that are now more expensive, they would decline to buy skis in the first place so as not to incur the additional ski lift charge which is now higher.
Which of the following people would likely be issued an order for specific performance or an injunction, rather than a monetary award?
a.) Franco hires a builder to build his new house. After a year of construction, Franco moves in and discovers that the workmanship is subpar and many parts of the house violate the building code. Franco sues the builder for breach of contract.
b.) Alicia, an artist, has a signed contract with one of her patrons that promises them the right of first refusal for any sculpture she completes. When she finishes her latest sculpture, she wants to sell it to another friend for $75,000 instead. The patron sues Alicia for breach of contract.
c.) Teagan owns an appliance store, and he decides to bend his usual store policy by allowing Pierce to buy a new refrigerator with a personal check. When the check bounces and Pierce refuses to pay with cash, Teagan sues Pierce for breach of contract.
d.) Julie buys a used laptop from a local computer repair shop for $350. When she gets the computer home, she discovers it doesn't work. The shop refuses to repair the computer or refund her money, so Julie sues the shop for breach of contract.
Answer: b. Alicia, an artist, has a signed contract with one of her patrons that promises them the right of first refusal for any sculpture she completes. When she finishes her latest sculpture, she wants to sell it to another friend for $75,000 instead. The patron sues Alicia for breach of contract.
Explanation:
An injunction is a judicial order whereby an individual is restrained from either starting or continuing a particular action whereby the legal right of an economic entity is being threatened. In such case, the person involved must do what is expected of him or her.
In the scenario in the question, the person that is likely be issued an order for specific performance or an injunction, rather than a monetary award is Alicia, an artist, has a signed contract with one of her patrons that promises them the right of first refusal for any sculpture she completes. When she finishes her latest sculpture, she wants to sell it to another friend for $75,000 instead. The patron sues Alicia for breach of contract.
Assume that the future value of an ordinary annuity is $3,246, the annual payment is $1,000, and the interest rate is 8 percent. How many years will it take the $1,000 annual payments to grow to $3,246?
a. 1 year
b. 3 years
c. 5 years
d. 7 years
Answer: b. 3 years
Explanation:
Based on the future value of $3,246 and the annual payment of $1,000, one can guess that the number of payments (years) till the future value is reached will be 3 years.
Plug 3 years in to find out if you are right;
= Annuity * (( (1 + r)^n - 1) / r)
= 1,000 * (( ( 1 + 8%)³ - 1) / 8%)
= $3,246
Answer is proven to be 3 years.
Companies that sell their own products and use an intermediary are using a strategy called
O inventory control
O marketing distribution
O dual distribution
O internal distribution
Answer:
dual distribution
Explanation:
A dual distribution strategy involves a manufacturer using two paths to get its products to the intended end-users. It means the manufacturer uses two distribution channels simultaneously to get its products to customers.
When a company is using a dual distribution strategy, one of the ways is the sell directly to customers, and the other path is using a marketing intermediary.