henry mintzberg argued that emergent strategies . group of answer choices are a mix of deliberate and realized strategies are a mix of deliberate and leadership strategies are a mix of deliberate and sustainability strategies none of the above.

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Answer 1

Henry Mintzberg argued that emergent strategies a mix of deliberate and realized strategies. Emergent strategy is a series of acts or behaviors that are observable over time.

Henry Mintzberg "a realized pattern [that] was not expressly intended" when strategy was first planned. When a purposeful strategy is successful, the outcome is as anticipated. Unrelated to specific goals, an emergent strategy is created when a group of activities become a recurring pattern of behavior over time.

The organization has a sense of purposeful direction thanks to deliberate strategies. Emergent strategy suggests that a company is discovering what actually works in the real world. The organization will be able to maintain control over its course while promoting learning if deliberate and emergent techniques are combined in some way.

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Wallace has decided that he wants to move on from his entrepreneurial business and take his financial profits from his hard work. This is an example of​ ________.

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Wallace has decided that he wants to move on from his entrepreneurial business and take his financial profits from his hard work. This is an example of​ Social entrepreneur.

What is Social entrepreneur?

An entrepreneur that creates social initiatives, such as charities, for-profit companies with social missions, and other non-governmental organizations, strives to build up social capital is known as a social entrepreneur.

The process by which individuals, businesses, and entrepreneurs create and finance solutions that directly address social challenges is known as social entrepreneurship. Therefore, a social entrepreneur is someone who looks into business prospects that benefit their neighborhood, society, or the entire planet.

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land is purchased for $209,000. additional costs include a $14,400 fee to a broker, a survey fee of $2,400, $2,200 to construct a fence, and a legal fee of $9,400. what is the cost of the land?

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The total cost of land is $209,000 + $14,400 + $2,400 +$2,200+$9,400 that is $237,400 .

What is legal fee ?

Legal expenses are considered nominal accounting since they are considered an indirect cost of doing company.

How is legal fees calculated ?

The amount of time spent on your issue, the lawyer's skill, expertise, and reputation, the uniqueness and complexity of the case, the outcomes, and the associated costs are just a few of the variables that affect legal fees.

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You have performed an audit and found an active account for an employee with the username joer. This user no longer works for the company. Which command can you use to disable this account?.

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Since this user no longer works for the company, a command which you can use on a Linux computer system to disable this account after an audit is: usermod -l joer.

What is a Linux?

In Computer technology, Linux can be defined as an open-source and community-developed operating system (OS) that is designed and developed for use on the following electronic computing devices:

Embedded systems.Computers.Mobile devices.Mainframes.

What is a Linux command?

A Linux command can be defined as a software program that is designed and developed to run on the command line, in order to enable an administrator or end user of a Linux computer network perform both basic and advanced tasks by only entering a line of text such as disabling a username.

In conclusion, a Linux command which can be used to disable the username of an end user who no longer works for a company, but has an active account is usermod -l joer.

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foreign direct investment group of answer choices is an entry-mode strategy. symbolizes the highest rate of internationalization. means that a multinational owns, in part or in whole, an operation in another country. all of the above

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In the past, a company would make an investment in constructing or upgrading a factory in another nation through foreign direct investment.

The acquisition of a controlling interest in a business in a different market is now included in this definition.

What is the strategy for direct foreign investment?

A type of cross-border investment known as foreign direct investment (FDI) occurs when a resident investor in one economy acquires a significant amount of influence and a long-term interest in a business in another economy.

What factors determine direct foreign investment?

When a person or company owns 10% or more of a foreign business, that is considered foreign direct investment. The International Monetary Fund considers a holding of less than 10 percent to be part of an investor's stock portfolio.

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assume an economy has grown by 4% per year over the past 30 years. during the same period, the labor force has grown by 1% per year and the quantity of physical capital has grown by 5% per year. each 1% increase in physical capital per worker is estimated to increase productivity by 0.4%. assume that human capital has not changed during the past 30 years. how much has technological progress contributed as a percentage of productivity growth?

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Contribution of technological progress as a percentage to productivity  growth are

(1.4%/3%)×100 = 46.67%

He discovered that during this time, the average yearly rise in real GNP was 2.9%, with technical progress accounting for 28% of that growth. The estimated contributions of different elements, including labor, education, and capital Our chance to enhance production without increasing inputs or paying these costs is productivity growth .Technology innovation makes it possible for more and better goods and services to be produced more effectively, which is essential for prosperity. However, the procedures used to develop, modify, and use technology in manufacturing are complex. Technology innovation makes it possible for more and better goods and services to be produced more effectively, which is essential for prosperity. However, the procedures used to develop, modify, and use technology in manufacturing are complex.

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bard enterprises offered a customer a note for extended payment on november 1, 2018. the $8,000 note was for 6 months at 5%. bard enterprises has a december 31 year end and must accrue interest on that date. how much interest has accrued on the note receivable on december 31, 2018?

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Interest accrued on the note receivable on December 31, 2018, is $ 400.

Interest = (Principal × Rate  ×  Number of months )/(100 ×12)

= (8,000  ×  5 × 6 )/(100× 12)

= (240,000 )/( 1200)

= $ 200 (Interest for 1 month)

So, Interest for 2 months (from November 1 to December 31)

= $ 200 ×2

= $ 400 (Answer)

1. Accounts receivable are credited and notes receivable are debited when notes receivable are extended for payment.

2. On December 31st, $400 is deducted from interest Receivable and credited to interest Income for accrued interest.

3. Accrued interest must be recorded in accrual accounting.

Interest is the fee you pay to borrow money or the fee you charge to lend money. Interest is often expressed as an annual percentage of the borrowed amount. This percentage represents the loan's interest rate.

Interest is the amount paid over and above the original amount to a lender or depositor by a borrower or deposit-taking financial institution at a predetermined rate in the domains of finance and economics (the amount borrowed). It differs from any fees the borrower may be required to pay to the lender or another party.

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ian's house and land have a market price of $225,000 and an assessed value of 55% of that amount. his state has a property tax rate of 0.088. how much does ian pay in property tax every year?

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Ian will pay a yearly property tax of $10,890.

⇒$255,000 x 0.55 x 0.088 = $10,890

What is Property Tax?

An ad valorem tax on the value of a property is known as a property tax or millage rate. The governing body of the region where the property is located is responsible for collecting the tax. A town, a county, a federated state, or the federal government are all examples of this.

How is property tax calculated?

To estimate your annual property tax:

Multiply the taxable value of your property by the current tax rate for your property's tax class.

Property tax rates change each year, as well as the value of exemptions and abatements. The actual taxes you pay in July might be different.

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the most typical objective for promotion is to multiple choice increase demand for a product. inform customers of new product offerings. remind consumers of a product benefit. avoid having to use a push strategy. stabilize sales.

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The most typical objective of promotion is to inform the customers about new product offering. So, the correct answer is (b).

The use of promotion as a marketing technique helps both suppliers and buyers communicate among themselves. Through this, the vendor attempts to persuade and convince customers to buy their products or services. It helps to inform consumers about the company, its products, and its service. Promotion strategy is used by the organization to boost its credibility. This marketing plan titillates consumers' curiosity and has the possibility of converting them into committed clients.

Promotion is one of four Ps of marketing such as product, price, promotion and place. Promotion is one of the most important activities carried out by all the organization, because without doing it they will not be able to inform the customers about their new offerings.

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jenna's company exports tea to various markets around the world. in the past six months, the company has focused on developing new flavors and was surprised to learn that a competitor gained market share by expanding into four new foreign countries. which part of a product-market did jenna's company fail to take into account?

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Startup advisor and investor Marc Andreessen defines "product-market fit" as being in a healthy market with a product that can meet that market's needs.

Which four types of market segmentation are there?

The four primary categories of market segmentation are thought to be geographic, psychographic, behavioral, and demographic; however, there are many other tactics you can employ, as well as countless variants on the four primary types.

What therefore are the prerequisites for successful market segmentation?

Measurable, accessible, substantial, differentiable, and actionable segmentation is required for success. A business has a better chance of long-term success and increased profitability when it has appropriately segmented its market.

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after determining that consumers had concerns about certain ingredients that may cause health issues, patrizzi's pizza began offering a gluten-free pizza product. the creation of this new product was the result of

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After noticing the concerns of consumers regarding ingredients that may lead to health issues, patrizzi's pizza started making a gluten-free pizza product. The making of this new product was the result of marketing opportunity.

Elaborate on a marketing opportunity.

A qualified sales lead that a sales team evaluates and determines may be in need of a good or service is referred to as a marketing opportunity. Opportunities for marketing are more likely to result in a successfully closed sale and lay the groundwork for generating sales. Marketing opportunities are frequently superior to other kinds of sales leads since the customer has already confirmed that they have the resources to buy your product or solution and that they have a problem for which you offer a solution.

No matter how universally appealing a good or service may be, not everyone will buy it, which is why it's so crucial to spot and seize marketing chances.

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the average fixed cost (afc) curve group of answer choices is u-shaped as a result of diminishing returns. declines as long as output increases. is intersected at its minimum point by marginal cost. intersects the marginal cost curve at its minimum point.

Answers

The economies are outweighed by the diseconomies after the point of maximum output, which causes the AC curve to rise. The result is a U-shaped AC curve.

How is the AFC average fixed cost curve shaped?

A rectangular hyperbola could be used to describe the average fixed cost (AFC) curve. It occurs as a result of the fixed cost being divided by rising output. As a result, the AFC curve slopes downward and is a rectangular hyperbola, meaning that the area beneath the curve is constant throughout.

The average fixed cost is L-shaped; why?

The typical fixed expenses Because fixed expenses are spread out over a broader area as production volume grows, the AFC curve slopes downward. The vertical difference between ATC and AVC is equivalent to AFC. The other cost curves' U-shape is explained by variable returns to scale.

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an engineer receives an invitation to participate in an industry-wide study on major trends affecting his industry in the next three years. the invitation indicates he was chosen due to the number of his published papers in industry journals. his participation is most likely influenced by

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The participation of the engineer is most likely influenced by his self-perception.  

What is an invitation?

An invitation is described as a request to any individual in verbal or in written form to do any activity or a request to visit a place.

The engineer, if participates in the study, then he will highlight his self-perception and how he thinks about himself. The engineer can think that he has already published a paper in the industry journals and hence he has the expertise and knowledge of the field. Thus, his participation in the study will be a clear indication of his self-perception of his expertise.

It can be concluded that the participation of the engineer is most likely influenced by his self-perception.

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Which of the following is true regarding states that have adopted the reasonably foreseeable users test for accountant liability to
third parties?

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The reasonably foreseeable users test holds an accountant liable to any third-party who was or should have been foreseen as a possible user of the accountant's work product and did, in fact, use and rely upon that work product for a proper business purpose.

What is accountant?

By gathering, monitoring, and making necessary corrections to the company's finances, an accountant assists organisations in making important financial decisions. Financial audits, bank statement reconciliation, and ensuring that financial records are accurate all year long are under their purview.

Account analysis, auditing, and financial statement analysis are examples of professional accounting duties carried out by accountants. Accountants can work for an accounting firm, a sizable business with an internal accounting division, or they can open their own practise.

These four areas of accounting are forensic, corporate, public, and governmental. For any accounting employment, an undergraduate degree is typically a requirement, however prior master's work—especially in the accounting field—is frequently greatly encouraged.

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middleton company uses the perpetual inventory system. the company purchased an item of inventory for $75 and sold the item to a customer for $120. how will the sale affect the company's inventory account?

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The sale will affect the company's inventory account and the inventory will decrease by $75.

What is a perpetual inventory system?

A perpetual inventory system is described as a type of software program. It makes an estimation of the inventory and the estimation is based on the electronic records of the inventory and no estimation will be done on the levels of the physical inventory. It is important to mention that the calculation starts from a physical count and then further updates are based on the shipments that are made in and made out.

The Middleton company uses the perpetual inventory system that can make a real estimation of the changes in inventory at the Point of sale system. Hence, the system will not account for any profit or loss on a transaction. Rather, when a $75 inventory is purchased by a customer, it will show inventory to reduce by $75.

It can be concluded that the sale will affect the company's inventory account and the inventory will decrease by $75.

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PLEASE HELP!!! Need it by SUNDAY!!!

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It’s morning your welcome

the difference in the calculation of the cost-to-retail percentage applying the conventional retail method and the average cost method is that the average cost method: multiple choice includes markups. excludes markdowns. includes markdowns. excludes beginning inventory.

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Net markups are included in the traditional retail technique, while net markdowns are not. The retail inventory method is an accounting technique for calculating the market value of a store's inventory.

The retail approach offers the final inventory. Applying various cost flow techniques, estimate ending inventory and cost of goods sold using the retail inventory approach.

Includes markdowns

Net markups are included in the traditional retail technique, while net markdowns are not. The average cost approach takes into account net markups as well as net markdowns.

Includes an initial inventory

The cost-to-retail percentage is only calculated using current-year purchases under the LIFO technique.

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deca electronics company produces two products, resistors and transistors in a small manufacturing plant which had total manufacturing overhead of $42,000 in june. the factory has two departments, design, which incurred $20,000 of manufacturing overhead, and production which incurred $22,000 of manufacturing overhead. design used 200 hours of direct labor and production used 80 machine hours. during june, 150 direct labor hours were used in making 100 units of resistors, and 150 direct labor hours were used in making 100 units of transistors. if deca electronics company uses a department rate based on direct labor hours for the design department and machine hours for the production department, the department overhead rates for the design and production departments in june were:

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If Deca Electronics Company uses a department rate based on direct labor hours for the Design department and machine hours for the Production department, the overhead department rates for the design and production departments in June were $100/DLH and $275/MH, respectively.

What is an overhead rate?

An overhead rate is the predetermined rate at which overhead is allocated to production units based on the accepted cost driver.

The overhead rate may be departmental or plantwide.

The predetermined overhead rate is the quotient of the estimated total manufacturing overhead for the period divided by the total cost driver units.

Total manufacturing overhead = $42,000

                                            Design             Production     Total

Manufacturing overhead  $20,000           $22,000      $42,000
Direct labor hours           200 hours

Machine hours                                             80 hours

Overhead rates            $100 per hour     $275 per hour

                                   ($20,000/200)      ($22,000/80)

                           Resistors     Transistors

Units produced       100             100

Direct labor hours   150             150

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the file smartphone contains data on the monthly sales revenue for a smartphone manufacturer. click on the datafile logo to reference the data. create line charts to depict the sales time series at the annual level, the quarterly level, and the monthly level. what insight do each of these three views provide?

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When data needs to be transformed to match the target system's requirements, data transformation is utilised.

Data transformation, in computing, is the process of changing data from one format or structure into another format or structure so that it may be used, cleaned up, and organised into a format that can be analysed to assist decision-making processes and to fuel the growth of a business. It is a crucial component of the majority of data management and integration jobs, including application integration, data wrangling, data warehousing, and data integration.

Depending on the required modifications to the data between the source (initial data) and the destination (final data), data transformation can be straightforward or difficult. The process of transforming data typically involves both manual and automated steps.

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which are characteristics of clan culture? (choose every correct answer.) multiple select question. promotes a feeling of family structures work environment to aim at effectiveness and efficiency encourages collaboration among employees emphasizes profits over employee development and satisfaction

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A feeling of family structure work environment to aim at effectiveness and efficiency is characteristic of clan culture. The correct option is A.

What is the disadvantage of clan culture?

Disadvantages of Clan Culture because members don't want outsiders in their group, people believe clan culture organizations are exclusive and cliquish. Instead of diversifying and utilizing a range of skills from other members of the company, they rely too heavily on one another. It might appear exclusive as a result.

Clan cultures emphasize consensus and shared aims and values in a familial or tribal style of work setting. The four primary corporate culture models are divided into clan cultures, which are the most collaborative and least competitive.

Thus, the ideal option is A.

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1. on june 1, 2015, planet music has accounts payable of $45,000. during the month, debits of $3,000 and credits of $11,000 were made to the account. at the end of june 2015, what was the accounts payable balance? a credit balance of $53,000 a debit balance of $42,000 a credit balance of $56,000

Answers

Accounts Payable balance at the end of June 2015 = Beginning balance +     Credits (On account purchases) - Debits (Cash paid)

= $ 45000 + 11000 - 3000

= $ 53,000 Credit

Living a balanced life means considering every aspect of your life, including relationships, work, fitness and health, and emotional well-being. We all get bogged down with work and family commitments at times, but we need to make time for ourselves so that we can fulfill all of them.

Finding balance in life can help improve your overall health. When you are in balance, you have time to pay attention to your body's needs. Instead of regretting not having time to take care of yourself, you can prioritize diet, exercise, meditation, etc. An example of balance is when a person places two objects of equal size on a scale. is. An example of balance is that flower arrangements are similar in size and color so that certain pieces do not stand out or look out of place.

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during its most recent fiscal year, dover, incorporated had total sales of $3,380,000. contribution margin amounted to $1,590,000 and income was $535,000. what amount should have been reported as fixed costs in the company's contribution margin income statement for the year?

Answers

$1,105,000 have been reported as fixed costs in the company's contribution margin income statement for the year.

Amount or equivalent paid or charged for something: Price The average cost of a college education has increased dramatically. b: Effort or expense (in the form of effort or sacrifice) made to achieve a goal. Although he gained fame, he lost a few friends.

“Cost” in the singular refers to the total for the entire group. "Cost" refers to all pieces in that group. For example, "The cost of a service includes the cost of materials and labor." From legal contracts to budget discussions, the difference between "cost" and "cost" often confuses people.

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suppose the store owner actually pays $1 to buy each copy of the magazine and sells to customers for $2 per copy. if magazines left at the end of the week have no salvage value and any unmet demand is lost, then is it better to stock 3 or 4 copies of the magazine at the start of a week to maximize the expected profit?

Answers

It is better to stock 3 copies of the magazine at the start of the week to maximize the expected profit.

What is profit?
In accounting, a profit is an income that is given to the owner during a successful market process of production (business). Profitability, which is the owner's primary interest in the revenue process of market production, is measured by profit. There are several profit metrics that are frequently used. Income generation and distribution must always be balanced in order for income to be formed in market production. Within the review period, the generated income is consistently distributed as economic value to the production's stakeholders. The portion of income formation that the owner is able to retain for themselves during the income distribution process is referred to as the profit. Profit is among the main drivers of economic prosperity because it creates opportunities for growth in both income and production. In this context, the terms "income," "profit," and "earnings" are interchangeable.

If the store owner stocks 3 copies of the magazine at the start of the week, the expected profit is $3. If the store owner stocks 4 copies of the magazine at the start of the week, the expected profit is $4.

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from a financial reporting perspective, property, plant, and equipment and intangible assets exhibit the following characteristics (select all that apply.) multiple select question. short-lived valued at fair value long-lived revenue-producing

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From a financial reporting perspective, property, plant, and equipment and intangible assets exhibit the following characteristics: 1. Long lived 2. revenue producing.

   Assets with a long lifespan, also known as non-current or long-term assets, are those that are anticipated to generate income over the long term—generally more than a year. Long-lasting assets might be material, immaterial, or financial in nature. Identifying the cost of an asset at acquisition is the first challenge in accounting for long-lived assets.

  Most long-lived assets have their costs capitalized and subsequently allocated as expenditures in the profit or loss  statement over the time that they are anticipated to generate revenue.

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jason's company has always emphasized that every employee is an important part of the company's success and does not highlight individual achievements. by emphasizing the group, jason's company will most likely

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Every employee is a crucial component of Jason's company's success, and the organization does not emphasize individual accomplishments. By placing a strong emphasis on the group, Jason's business will probably deter staff from switching jobs.

How can you stop workers from quitting?

Give your staff arduous tasks to do.

Show them that you care.

Provide a lot of commentary.

What is the most typical explanation for employees quitting a company?

Lack of recognition, unclear direction, and a negative corporate culture are at the top of the list. Genuine relationships between managers and their staff are essential for high employee retention rates. They achieve this by regularly soliciting employee feedback and by upholding the principles of transparency and trust.

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in his last order, the bakery manager at bread of the earth bakery purchased a different brand of whole wheat flour from his regular supplier, best bakery supplies. this is an example of a

Answers

this is an example of a Modified Rebuy.

What is Modified Rebuy?

Modified rebuy is the in-between process where some review of the buying situation is done though not as much as in new-task buying.

Modified Rebuy helps the business in saving a lot of time. Business maintain lists of such materials and products which can be bought again from the same supplier or another supplier from an approved list which is already on boarded and knows the requirement well.

A buyer can acquire information for a modified rebuy by analyzing competition by comparison shopping, by analyzing current information found in trade publications or at trade shows, or by hiring the services of a resident buying office.

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16. xylem technologies purchased a trademark from phloem semiconductor for $5 million. how should this new purchase be classified on the balance sheet for xylem? a non-current intangible liability a non-current intangible asset a current intangible asset it should not be recognized as the trademark has no tangible value.

Answers

For $5 million, xylem Technologies acquired a trademark from phloem Semiconductor. On xylem's balance sheet, this new acquisition can be categorized as a current intangible asset. Intangible assets often have a lifespan of longer than a year. These assets are not categorized as current assets as a result.

An asset that is not physical in nature is said to be intangible. Intangible assets include goodwill, brand awareness, and intellectual property like patents, trademarks, and copyrights. Contrasting with tangible assets like real estate, automobiles, machinery, and stock are intangible assets.

Intangible assets lack physical substance, are non-financial, and can be separated. These resources might be created domestically or bought from other companies. Certain requirements must be met if the intangible asset is developed internally by the organization.

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suppose the adult population over the age of 16 is 237.8 million and the labor force is 153.9 million. what is the labor force participation rate? round your answer to the nearest tenth.

Answers

The labor force is divided into employed persons and unemployed persons, the number of unemployed persons is 153.9 - 139.1 = 14.8 million.the adult population has the 83.9/237.8 = 35.3% persons out of the labor force.

All individuals who meet the qualifications to be counted as employed (civil employment plus active duty in the armed forces) or jobless are considered to be part of the labor force, also known as the currently active population. The armed forces comprise individuals from the metropolitan area who were enlisted during the time under review and were selected from the pool of all available labor force. People who are unemployed are those who are not now employed but are actively looking for jobs. This indicator is measured in individuals and is seasonally adjusted. The pool of people who are either employed or unemployed is referred to as the workforce or labor force.

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hugh jackson is thinking about buying an investment. the investment option that he is thinking about buying is an investment where investors pool their money. one of the key features is that it is managed by professional managers. what investment is hugh thinking about purchasing? multiple choice common stock preferred stock corporate bond real estate mutual fund

Answers

Hugh is thinking about purchasing a Mutual Fund.

A mutual fund is a business that pools money from multiple investors and invests it in securities such as stocks, bonds, and short-term debt. The portfolio of the mutual fund is its total holdings. Mutual funds are purchased by investors.

A mutual fund is a type of investment vehicle that pools money from investors who share a common investment goal. Based on the scheme's objectives, it then invests the funds in various asset classes such as equities and bonds. These investments are made on behalf of the investors by an asset management company (AMC).

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accompanying the bank statement was a credit memorandum for a short-term note collected by the bank for the depositor. this item would be included on the bank reconciliation as a(n)

Answers

According to the company's records, this item would appear as a(n): Deduction from the amount on the bank reconciliation. A debit memo for an NSF check that was received from a customer was included with the bank statement.

What is discovered during the bank reconciliation?

The bank column in the cash book displays the cash at the bank, whereas the cash column in the cash book displays the available cash. Similar to this, every consumer has a record with the bank. Deposits are recorded on the credit side of the bank books, whilst withdrawals are recorded on the debit side. Unpaid checks are already listed in the book, thus they are a bank reconciliation item. Only for goods needed for book reconciliation will the company create journal entries. Therefore, there is no need to journalize unpaid checks. The right response is outstanding checks. The transit deposit is added to the bank reconciliation statement, but the unpaid checks are subtracted. Thus, the right response is

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north safety products manufactures butyl gloves that offer permeation resistance to gas or water vapor for workers who use dangerous chemicals like ketones. the company has fixed costs of $12 million for its butyl glove production and unit variable costs of $3 per pair. if the company charges $7 per pair, how many pairs of gloves must it sell to break even? multiple choice 120,000 pairs 400,000 pairs 666,667 pairs 1,000,000 pairs 3,000,000 pairs

Answers

North safety products will manufacture 3,000,000 pairs at break-even sales, so the correct option is (e).

Given information:

fixed cost = $12 million = $12,000,000

Unit variable costs = $3 per pair

Charge per unit = $7 per pair

Break -even sales = fixed cost/ (price minus -unit variable cost)

Break- even sales = $12,000,000/ (7-3)

                              = 3,00,000 pairs

The revenue level at which a company produces no profit is defined as break -even sales. These sales figure actually covers all of the variable expenses related to the sales as well as the company's business fundamental fixed costs. Understanding the break- even sales level gives the manager a benchmark for the lowest volume of sales that must be produced throughout every reporting period to prevent losses. For instance, the break -even level can be utilized to reduce expenditures to meet the projected level of future sales if a company slump is predicted.

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