A competitive market economy with low barriers to entry affords an entrepreneur with
the opportunity to bring new and different products and services to the market.
F. What effect does a low unemployment rate have on business? what effect does a high unemployment rate have on business?
Answer:reduces the productivity of the company as a whole<3
Explanation:
It comes when there's an increase demand for labor because of low unemployment. With less people available for work, employers have to increase their wages to find, and keep, employees. This can cause some organizations to settle for less-talented workers, which again reduces the productivity of the company as a whole
The effect of low unemployment rate on business is that the productivity of business will fall, and the effect of high unemployment rate on business is that the productivity of business will raise.
What is unemployment rate?The unemployment rate refers to the state of being unemployed. The unemployment rate is derived by dividing the total number of people in the labor force by the number of people who are jobless.
The labor force is the total number of people who are employed and unemployed. A low unemployment rate has the impact of lowering business productivity, whereas a high unemployment rate has the effect of increasing business productivity.
Therefore, the unemployment rate is defined as the state of being unemployed.
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What is the term for media for broad popular audiences—including newspapers, radio, and television?.
Answer:
Mass media
Example
Mass media is actually the primary means of communication for the general public to communicate with each other as well as on a grander level. The most popular types of mass media include Newspapers, Radio, Television, Internet, Magazines.
Flextrola, Inc. , an electronics systems integrator, is planning to sell its next generation product using components sourced from its supplier. Flextrola will integrate the component with some software and then sell it to consumers. Given the short life cycles of such products and the long lead times quoted by its supplier, Flextrola only has one opportunity to place an order prior to the beginning of its "selling season. " Assume that Flextrola’s demand during the season is normally distributed with a mean of 1000 and a standard deviation of 600. (A normal table is provided at the end of this exam for your convenience. )
Solectrics’ production cost for the component is $52 per unit and it plans to sell the component for $72 per unit to Flextrola. Flextrola incurs essentially no cost associated with the software integration and handling of each unit. Flextrola sells these units to consumers for $121 each. Flextrola can sell unsold inventory at the end of the season in a secondary electronics market for $50 each. The existing contract specifies that once Flextrola places the order, no changes are allowed to it. Also, Solectrics does not accept any returns of unsold inventory, so Flextrola must dispose of excess inventory in the secondary market.
Required:
a. What is the probability that Flextrola’s demand will be within 25 percent of its forecast?
b. What is the probability that Flextrola’s demand will be more than 40 percent greater than its forecast?
c. Under this contract, how many units should Flextrola order to maximize its expected profit?
d. What are Flextrola’s expected sales?
e. How many units of inventory can Flextrola expect to sell in the secondary electronics market?
With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.
a. Mean = 1000
sd = 600
p(1000x 1-25%) - p(1000x 1+25%)
using the z test
d-μ/σ
[tex]p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)[/tex]
find values using excel sheet formula
NORMSDIST(0.4167) - NORMSDIST(-0.4167)
=m0.6615 - 0.3385
= 0.3230
b. The probability that the forecast would be more than 40 percent1000x 1+40%
= p(D>1400)
= 1- NormDist(0.667)
= 0.225
c. Cu = 121-72 = 49
Co = 72.50 = 22
The critical ratio calculation
49/22 +49 = 0.6901
Normsinv(0.6901) = 0.496
1000+0.496x600
= 1297
The units that Flextrola has to order is 1297.
d. The expected sales of Flextrola1200-1000/600
= 0.3333
loss function from z = 0.333 is 0.254
600x0.254 = 152. 4
1000-152.4 = 847.6
the expected sales are 847.6
e 1200- 847.6
= 352. 4
The units of inventory that can be sold is 352.4
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Please select the word from the list that best fits the definition Enjoy music in their free time
Answer:
Auditory Learners
Explanation:
I got it right on edge 2022.
Media planners seek to reach the largest possible percentage of their target audience with no monetary limitations.
a) True
b) False
As regards media planners trying to reach a large percentage of their target audience with no limitations, this is False.
Why is this statement false?The ultimate goal of a company is to reduce costs and make more profit. As a result, media planners try to keep costs as low as possible when engaging in ad campaigns.
This means that they try to reach the largest percentage of people they can reach, with limitations placed on them.
In conclusion, this is false.
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What is a pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors?.
The pricing strategy that establishes a low price in hopes of attracting a great number of customers and discouraging competitors is penetration pricing.
What is penetration pricing?
Penetration pricing is a pricing strategy where the sellers of a new product make the price of the good very low with the hopes that it would attract customers to purchase the product.
Penetration pricing increases the market share of the firm but can lead to the firm earning very low levels of profit.
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Selena, an IT manager, needs to communicate to all of the company's long-term customers that their consulting rates will be increasing in the new year. Which guideline should Selena follow while communicating this bad news?
The guideline that Selena, an IT manager should use when communicating bad news to her customers is to use specific and simple language that conveys her message effectively.
How to communicate bad news?The use of indirect communication can help to soften the central message, because in this approach the message begins with the explanation of the reasons that led to the news, generating a greater sense of understanding in the receiver.
Therefore, it is essential that there is clear and honest communication, introducing possible solutions so that the bad news is received in a less impactful way.
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Measuring performance relative to planned objectives and standards is part of:.
Measuring performance relative to planned objectives and standards is part of controlling.
What is controlling?Controlling helps to manage, supervise or oversee a given task or assignment.
It helps to measure how far or well a given task has been done relative to the target.
Therefore, Measuring performance relative to planned objectives and standards is part of controlling.
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Imagine that you are reading one of your favorite magazines. if you see a logo and recognize the brand as it is being presented to you, this is an example of
Assuming you see a logo and recognize the brand as it is being presented to you, this is an example of Aided recall.
What is aided recall?Aided recall can be defined as the process in which a person is being asked a question partaining to the advertisement he/she saw.
Aided recall in important as it help to create product awareness and it enables people to recognize a brand based on the advert they saw and to showcase their knowledge about the advert when asked.
Inconclusion this is an example of Aided recall.
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Which settlement option pay a stated amount to an annuitant but no residual value to a beneficiary
Answer:
Life income
Explanation:
How long can someone leave their belongings on your property.
According to the authors of A Gift of Fire, it is obvious that computer technology ___________ mass unemployment.
Answer:
According to the authors of A Gift of Fire, it is obvious that computer technology has not and will not mass unemployment.
Brown, the president and director of a corporation engaged in owning and operating a chain of motels, was advised, upon what seemed to be good authority, that a superhighway was to be constructed through the town of X, which would be a most desirable location for a motel. Brown presented these facts to the board of directors of the motel corporation and recommended that the corporation build a motel in the town of X at the location described. The board of directors agreed, and the new motel was constructed. The superhighway plans were changed, however, after the motel was constructed, and the highway was never built. Later, a packinghouse was built on property adjoining the motel, and the corporation sustained a considerable loss as a result. The shareholders brought an appropriate action against Brown, charging that his proposal had caused a substantial loss to the corporation and seeking recovery of that loss from Brown. What result
Please answer it is due in a hour please help
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Answer:
1.costs that do not change when sales or production volumes increase or decrease
2.Variable costs are costs that change as the quantity of the good or service that a business produces changes.
3.the level of production at which the costs of production equal the revenues for a product
Answer:
1) Fixed costs are costs that do not change when sales or production volumes increase or decrease.
2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells.
3) The breakeven point is the level of production at which the costs of production equal the revenues for a product.
An increase in government purchases will increase aggregate demand because:.
Answer:
Explanation below.
Explanation:
Think of it like this:
Consumption + Investment + Government Spending + Net Exports = AD
When Government spending goes up, it is increasing AD within (C+I+G+X), so AD shifts right.
The level of aggregate supply in the long run is not affected by.
Answer:
Long run aggregate supply (LRAS) is a theoretical concept and refers to the output that an economy can produce when using all its factors of production, and hence when operating at full employment. Graphically, it is a vertical curve indicating that, in the long run, output is not affected by changes in the price level.
By drastically reducing inventories, manufacturers can increase the utilization of more floor space. This is an example of a
Drastically reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
What is a Just-inTime inventory system?A Just-in-Time inventory system is inventory management that ensures that raw materials for production arrive as needed.
With a Just-in-Time system, inventory arrives as production is scheduled to begin.
The purpose of a Just-in-Time system is to reduce inventory on hand to the minimum just to meet demand.
A. a merchandising inventory system.
B. a just-in-time (JIT) inventory system.
C. a finished goods inventory system.
D. determining inventory quantities.
Thus, reducing inventories to help manufacturers increase the utilization of more floor space is an example of B. a just-in-time (JIT) inventory system.
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The report that compares actual performance and budgeted performance based on actual activity level is called a ______ budget performance report.
Actual budget performance report compares actual performance and budgeted performance based on actual activity level.
What is a budget?A budget serves as a term that describes how to place our needs on our income, it is a way to balance our expenses and income.
Actual budget performance report gives room to
compares actual performance and budgeted performance based on actual activity level.
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Answer:
Flexible
Explanation:
According to this credit report, how many accounts has lillie had sent to collections? a. 0 b. 1 c. 2 d. 3
From the credit report the number of accounts that Lille has sent collections is 0. This is because she has sent not sent any to an account.
What is a credit report?This is a report of how a persons credit activity is. It also tells about the financial standing of a person and how they are faring in terms of finance.
The credit report contains the history of the loan payments that are made by the individual.
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Cerina likes to make products while ensuring that accidents are kept to a minimum. which career pathway would be the best fit for cerina? maintenance, installation, and repair quality assurance logistics and inventory control health, safety, and environmental assurance
Cerina enjoys creating items while keeping accidents to a minimum. Cerina's career path would be most suited to health, safety, and environmental assurance.
What are health, safety, and environmental assurance?Employees in the Health, Safety and Environmental (HSE) Assurance department make certain that:
The equipment is used safely Plan for safety in new manufacturing processes. Conduct incident and hazard investigations in the areas of health, safety, and/or the environment.Conduct incident and hazard inspections for health, safety, and/or the environment.Implement programs, projects, policies, or procedures related to health, safety, and/or the environment.Therefore, option (d) is the correct answer.
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Answer:
I would say d
Explanation:
it is likely that John chooses this oil company because of their ___ services
it is likely that John chooses this oil company because of their good services
Answer:
Due to their good services, John is likely to choose this oil company!
Hope this helps you!
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44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report on their current status. Both before and after his own presentation, he sits forward in his chair and makes eye contact with all the other managers as they present. He asks questions and nods his head after their responses. He is exhibiting the ________ style of listening
When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.
What is active listening?Active listening is a type of listening where the listener give rapt attention to the person speaking including the guestures.
The individual also ask questions to confirm all that his learning.
Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening
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All companies operate in a broad ______-environment that is made up of six components, including political factors and technological factors. Multiple choice question. micro meso para macro
Answer:
The word that is underlined, that's the answer; Macro
Explanation:
hope this helps.
Answer:
the answer is macro .
Explanation:
MARK ME AS A BRIANLIESTKnowing the educational requirements for a job you are interested in is very important. For example, to become a doctor would require you to go to school for many years, but to become a carpenter would require you to complete a specialized program through a trade school.
In the space below, write 2 to 3 sentences explaining why knowing the educational requirements for a job you are interested in is important.
Answer: It is very important because you need to be prepared to invest the time and money necessary to gain the required skills.
Explanation:
Why do monopolies and oligopolies benefit producers over consumers?.
Answer:
Few Producers can generally control prices.
Explanation:
Monopolies and Oligopolies are structures where few generally control things. I also got the question right :)
When it comes to credit scores, why is having a thin file not an asset?.
The possession of a credit thin file is a liability and not an asset because its does not allows lender to access your credit worthiness which makes it hard to obtain loans or credit.
What is a credit scores?A credit score serves an a finacial tool that helpt to tells about someone's creditworthiness.
Normally, the higher the credit score, the higher the rate of repayment of credit.
Hence, these credit score are used by lenders to decide whether to borrow, extend or deny credit for a borrower.
However, having a thin file is not considerd an asset in credit scores because its does not let us know the willing borrower's repayment history of credit.
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A coupon bond that pays interest semi-annually is selling at par value of $1,000, matures in seven years and has a coupon rate of 8.6%. The yield to maturity on this bond is
Based on the selling price of the bond and the coupon rate, the yield to maturity on the bond is 8.6%.
What is the yield to maturity on this bond?When a bond is selling at par, it means that the coupon rate and the yield to maturity are the same.
The bond in question is selling at its par price of $1,000 which means that the coupon rate of 8.6% is the same as the yield to maturity.
In conclusion, the YTM is 8.6%.
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How can a market be segmented using demographics?
Here is a Answer to your question:
Demographic segmentation divides the market into smaller categories based on demographic factors, such as age, gender, and income. Instead of reaching an entire market, a brand uses this method to focus resources into a defined group within that market.
I am sorry if this was not helpful
Hope this was helpful
When deciding whether to sell a product as is or continue to process it, costs incurred to get the product to its current condition ______ relevant to the decision.
In deciding whether to sell a product or continue to process it, the costs incurred to get the product into its current condition are not relevant to the decision.
What is Cost Price?This refers to the price at which a good was bought and might include the expenses incurred while procuring the goods.
Hence, we can see that when an owner is trying to decide whether to sell a good or process it, the costs incurred to get the product to its current condition are not relevant while making this decision.
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Ronald runs a small furniture making business. He wants to advertise his business. However, he cannot afford to spend a lot of money on
advertising. He wants to provide customers with details of his business, such as the name, products, store locations, and contact addresses.
Which of these advertising vehicles is best suited for Ronald?
OA.
television
ОВ.
radio
O C. newspapers
OD. magazines
Answer:
Newspapers
Explanation:
Plato
Answer:
A
Explanation:
got correct