The recency effect occurs when a rater gives greater weight to information received first when appraising an individual's performance is a true statement.
What does recency effect refer to?The recency effect is a memory phenomena where individuals tend to accurately recall information that is most recent. It is a cognitive bias whereby the last things, concepts, or arguments are remembered more vividly than the initial ones. The recency effect, in contrast to the primacy effect, is the propensity for people to more readily recall items that are presented last in a list. This is probably because those items were the most recent and are still stored in your short-term memory in the case of the recency effect.
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How is the equilibrium price of a product related to the equilibrium quantity, and how can these values be determined?.
The equilibrium price is the rate at which the quantity demanded equals the quantity provided. it's far determined by using the intersection of the demand and supply curves. A surplus exists if the amount of a great or carrier provided exceeds the quantity demanded at the modern charge; it reasons downward pressure on charge.
Demand is the quantity of a good that consumers are willing and capable of purchase at various expenses all through a given time. the connection among fee and amount call for is likewise referred to as the call for curve.
Demand curve, in economics, a photo illustration of the connection among product fee and the amount of the product demanded. it's far drawn with price at the vertical axis of the graph and amount demanded at the horizontal axis.
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a new use for a product is identified on social media, or those in a target market would like to have a service delivered to their doors. these would be examples of: identification of a market. identification of an opportunity. identification of an alternative product. identification of a target market.
Option (b) is the best choice. On social media, a brand-new application for a product is discovered, or people in a target market want a service delivered right to their doors. These are examples of opportunity identification.
Opportunity identification: What is it?Opportunity identification combines three essential components: the background of the entrepreneur, the business effect, and the general business climate. Prior to "recognition," there are five stages of opportunity identification.
What procedures are involved in opportunity identification?Getting an idea or scanning the environment, recognizing the opportunity, creating the opportunity, evaluating the opportunity, and evaluating the team are the five primary processes that make up the opportunity identification stage.
Why is it vital to identify opportunities?Finding opportunities is a crucial component of business expansion. It enables businesses to take the appropriate actions that will help them accomplish their objectives.
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multiple select question select all that apply which of the following statements are correct? multiple select question. a person authorized by the board of directors signs checks. someone without access to check-writing should perform the recording function. vouchers are normally assembled by the accounts receivables department. individuals outside of normal cash operations should prepare bank reconciliations.
The correct statements are that someone without access to check-writing should perform the recording function and outside of normal cash operations should prepare bank reconciliations as both helps prevent business frauds.
Businesses uses these measures in order to avoid business frauds such as theft, financial statement fraud, and asset misused. When one person is responsible for handling bookkeeping and recording functions, it becomes easier for a fraud to go unnoticed. There should be at least two people handing bookkeeping activities and its recording function interchangeably, hence the person recording the checks should not have access to check-writing. Similarly, a person outside of normal cash operations should prepare bank reconciliations (the process of matching the balances in an entity’s accounting records for a cash account to the corresponding information on a bank statement) as a measure to detect fraud.
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additional memory for your computer sells for $109.99 with a $10.00 mail-in rebate. what is the final price after the rebate if an envelope costs $0.35 and a 'forever' postage stamp costs $0.41?
The cost after rebates is $100.75 if additional memory for your computer is $109.99 with a $10.00 mail-in rebate, an envelope costs $0.35, and a "forever" postal stamp costs $0.41.
An envelope costs $0.35, and a "forever" postage stamp costs $0.41 while more computer Memory costs $109.99 with a $10.00 mail-in rebate.
We must calculate the price after applying all discounts and given envelopes.
The price may be determined as follows:
Cost = Additional memory - Mall rebate + Envelope costs + Postal stamp costs
Cost=109.99-10.00+0.35+0.41
=$100.75
Since an envelope costs $0.35, a "forever" postal stamp costs $0.41, and more computer RAM sells for $109.99 with a $10.00 mail-in rebate, the final cost after all rebates will be $100.75.
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company had the following purchases and sales during its first year of operations: purchases sales january: 11 units at $125 7 units february: 21 units at $130 4 units may: 16 units at $135 8 units september: 13 units at $140 7 units november: 11 units at $145 15 units on december 31, there were 31 units remaining in ending inventory. using the perpetual lifo inventory valuation method, what is the cost of the ending inventory? (assume all sales were made on the last day of the month.)
4070 is the cost of the ending inventory. all sales were made on the last day of the month.
Stock or inventory refers to the products and substances that an enterprise holds for the remaining intention of resale, production, or utilization. Stock control is a subject mainly about specifying the shape and location of stocked items. It is required at one-of-a-kind locations inside a facility or inside many places of a supply community to precede the normal and deliberate path of manufacturing and inventory of materials. The idea of inventory, stock, or work in the manner (or work in development) has been prolonged from manufacturing structures to carrier groups and projects, via generalizing the definition to be "all paintings inside the manner of production - all paintings this is or has occurred previous to the completion of production".
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Jumbo transport, an air-cargo company, expects to have earnings per share of $2. 00 in the coming year. It decides to retain 10% of these earnings in order to lease new aircraft. The return on this investment will be 25%. If its equity cost of capital is 11%, what is the expected share price of jumbo transport?.
$21.18 is the expected share price of Jumbo Transport.
Given,
r, equity cost of capital = 11%
g, investment = 25%
b, power back rate = 10%
EPS = $2.00
Growth = ROI × Retention Percentage
D1 = EPS × (1 - b)
D1 = $2.00 × (1 - 0.1)
D1 = $1.8;g
D1 = 0.1 × 0.25
D1 = 0.025 ;
Using the formula,
Expected Stock Price = Current Dividend ÷ (Cost of Capital−Growth Rate)
P0 = D1 ÷ (r-g)
P0 = $1.8 ÷ (0.11 - 0.025 )
P0 = $21.18
Therefore, Jumbo Transport's expected share price is $21.18.
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What uses clickstream data to determine the efficiency of the site for the users and operates at the server level?.
E- commerce analytics uses Click stream data to determine the efficiency of the site for the users and operates at the server level.
The process of gathering, examining, and disclosing aggregate data regarding the pages a user views on a website and the sequence in which they do so is known as click stream analytics.
The click stream describes a user's journey across a website.
The two tiers of click stream analysis are as follows: Traffic analytics measures how many sites are served to a user, how long it takes for each page to load, how frequently a user clicks the back or stop button on their browser, and how much data is sent before the user leaves. E-commerce Analytics - Click stream data is used in e-commerce-based analysis to assess how well a website converts visitors into buyers or seller
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a project is an endeavor to accomplish a specific objective through a unique set of interrelated tasks and the effective utilization of resources. t/f
The achievement of strategic objectives in a methodical and controlled manner is the goal of projects and project management. This can't be done by project managers on their own; this necessitates the cooperation of three distinct actors.
Is project management an ongoing operation or a one-time endeavor?
A project, according to the Project Management Institute, or PMI for short, is a short-term effort to create a one-of-a-kind product, service, or outcome. On the other hand, business operations are ongoing activities that produce long-term, recurring outputs like producing goods or providing services.
Time, cost, and quality (often referred to as functionality or specification) are the three objectives of every project once it is clear that it will benefit the client. Activities ought to: Meet the deadline.
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describe the similarities and differences in the spatial organization of cities in western europe and north america in terms of the following aspects. a. geographic size b. height and design of buildings in central business district c. public space d. patterns of economic class e. ethnic neighborhoods
Spatial organization refers to how something is organized both internally and externally in relation to its surroundings.
What are the similarities and differences in the spatial organization of cities in western Europe and North America?A. Geographic Size:
Cities in North America are typically larger in size and sprawl out to suburbs. Cities in Western Europe were typically established prior to the use of automobiles, so they are more compact.
B. Height and Design of buildings in central business district:
Cities in North America have higher, distinctive buildings with a modern or postmodern design that are concentrated in the CBD. Because of their history, cities in Western Europe tend to have lower, flatter-looking buildings that rarely rise above five stories and reflect historic models rather than modern architecture.
C. Public Space:
Western European cities are more pedestrian friendly, with more public parks and green space, historic sites, and accessible public transportation. Cities in North America are increasingly car-oriented, with more people living in suburbs where the mall has replaced the local public square.
D. Patterns of economic class:
Cities in both areas have a variety of economic classes, but their spatial distribution differs. Middle-class workers in Western European cities are likely to live in historic districts near the city center. Middle-class workers in North America are more likely to live in the suburbs.
Inner cities in North America are more likely to be occupied by lower-income workers, to be home to public housing, or to be experiencing gentrification as young professionals return to the city center.
E. Ethnic neighborhoods:
Many Western European cities have less distinct ethnic neighborhoods than cities in North America. Ethnic neighborhoods in Western Europe are more likely to be found on the outskirts of cities rather than in the heart of cities. Because of the constant movement of arriving immigrants moving up the economic ladder, cities in North America tend to be more ethnically diverse.
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In order for the people to take a fresh look at its brand, the american red cross used a ________ strategy.
Brand revitalization strategy.
The unique impact that brand awareness has on how customers react to goods and services. The degree to which consumers are willing to pay more for the brand is a measure of brand equity. A valuable asset are brands with high brand equity.
Which assertion about brand loyalty is accurate?Consumers' unshakable attachment to a brand, demonstrated by their repeated purchases, is referred to as brand loyalty.The unique impact that brand awareness has on how customers react to goods and services. Brand equity is measured by the level of. A valuable asset are brands with high brand equity.Strong brand identity, brand image, brand culture, and brand personality are necessary for a strong brand. The development of all four of these elements as part of an effective brand strategy boosts brand awareness, loyalty, and trust.Brand socializing is a metric used to assess how well a business interacted with its many online stakeholders in a fruitful informational exchange.To learn more about Brand loyalty refer to:
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the maybe pay life insurance co. is trying to sell you an investment policy that will pay you and your heirs $40,000 per year forever. suppose a sales associate told you the policy costs $485,000. at what interest rate would this be a fair deal?
The maybe pay life insurance co. is trying to sell you an investment policy that will pay you and your heirs $40,000 per year forever. At 8.25% interest rate would this be a fair deal.
Interest rate (In case of Perpetuity)
Interest rate = [Annual payment / Total policy costs] x 100
= [$40,000 / $485,000] x 100
= 8.25% (Rounded to 2 decimal)
“Hence, the Interest rate will be 8.25%
life insurance is a agreement among an coverage coverage holder and an insurer or assurer, where the insurer promises to pay a chosen beneficiary a amount of money upon the demise of an insured man or woman. depending at the agreement, other occasions including terminal illness or essential infection also can trigger price.
Existence insurance is a contract among you and an coverage organisation . essentially, in trade in your top class payments, the insurance corporation can pay a lump sum referred to as a demise advantage to your beneficiaries after your death. Your beneficiaries can use the cash for some thing purpose they choose.
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entry-mode strategies group of answer choices are options multinationals have to enter foreign markets and countries. include multidomestic and transnational strategies. are only processes by which firms fill overseas orders like domestic orders. none of the above
Culture, firms economic systems, and business practices differ between the home and host countries when there is a cultural divide markets.
A company is more likely to consider export entry modes than hierarchal ways the more away it is (Hofstede 1980).firms A strategic partnership between two or more businesses from other nations that hold equity (or ownership) positions in a legally distinct entity is known as an international joint venture (IJV)markets. MNCs can compete successfully on a global scale by offering products at competitive prices at the expense of product features. Businesses must decide whether to cut expenses or adapt to the local market when they enter international markets. There are numerous strategies for entering the market.
Exporting. The direct sale is exporting. of products and/or services in a different nation markets.
Licensing. A license enables another business in your target nation to utilize your property.
Franchising.
joint enterprise
direct investment from abroad.
100 percent owned subsidiary.
Piggybacking.
Businesses must decide whether to cut expenses or adapt to the local market when they enter international markets. Companies should pick a global strategy or a transnational strategy to compete in the global market when there are strong cost-cutting constraints firms.
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if a property has a potential gross income of $50,000, a vacancy and collection loss of 10%, and taxes are another 10%, what's the effective gross income?
Before taxes, benefits, and other payroll deductions are taken out of an employee's paycheck, that amount is known as their gross pay.Net pay, often known as take-home pay, is the amount that is left after all with holdings have been taken into account.
Calculate the gross income?
Your salary, dividends, capital gains, company revenue, retirement payouts, and other sources of income are all included in your gross income.Adjustments to income can be made for things like tuition costs, interest on student loans, alimony payments, or contributions to retirement accounts. Gross annual income and net annual income are two different terms that may be used to describe it.Net annual income is the amount you have left over after deductions, whereas gross annual income is your income before taxes.Your gross income, which is the total amount of money you made in a given period before any deductions or taxes are subtracted, can be discovered on a pay stub.Your year-end W2 or 1099 will also show your entire gross income. You should be able to calculate your annual gross income by totaling all of your gross pay for the year.If you are paid a salary, the annual salary you receive from your employer equals your yearly gross revenue.Your net income is your gross income less any withholdings and deductions made from it. The following equation is used to determine net income:Revenue – Cost of Goods Sold – Expenses = Net Income
Gross Income – Expenses = Net Income.
Total Revenues – Total Expenses = Net Income.
$ 50000 - 5000-5000
= $ 40000
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Users can insert watermarks (e.g. confidential, draft) into presentation slides using the ______ feature in macabacus’ powerpoint add-in.
Users can insert watermarks into presentation slides using slide master feature in macabacusaE powerpoint add-in.
What is watermarks in presentation framework and how does it work?Watermark is a feature in powerpoint can be inserted through design tab by selecting watermark.By choosing the pre configured watermarks , like draft, confidential it can be dragged by custom watermark.Here is asked about how users can insert watermarks into presentation and which feature will be needed for that.Watermark is an amazing feature of slide presentation, present on the insert tab, in the text group of the framework.Hence by using slide master feature one can insert watermarks into presentation slides in macabacusaE powerpoint.To know more about watermarks visit:
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The pull model is also called ________ which means the production process begins with a ________ so that a company only makes the products and quantities that their customers actually want.
The pull model is also called make-to-order model which means the production process begins with a customer order so that a company only makes the products and quantities that its customer actually wants.
The make-to-order or pull model is manufacturing strategy that initiates production of a product only when after a customer places an order. Products are made according to the requirements of the customer, thus pull model allows customization of the products according to the customer’s specifications.
The pull model is more flexible manufacturing strategy but it increases wait time for the customers to get the product. This type of model is mostly employed by the assembly industries such as aircraft, bridges, vessel production, and construction, etc.
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which of the following is not an advantage associated with matrix structures? group of answer choices the company can tackle more complex tasks through teamwork. managers can build large, permanent teams of specialists. employees are more productive when they work on a special project. special projects give employees opportunities for personal and professional development. the group can be disbanded if it is no longer needed.
It is not a benefit of matrix structure that managers may create huge, permanent teams of specialists.
An organization will be referred to as a matrix organization if it uses the matrix structure.
Typically, an organization uses the matrix structure when working on a project. In a matrix organization, the employees simultaneously report to two different managers. The manager who has power as a result of vertical hierarchy is one of the bosses. Due to flat hierarchy, the second boss is the one who has power.
This kind of organization is referred described as having a "matrix" structure as a result of this divided flow of horizontal and vertical authority. The matrix organizational structure combines the project system and the functional system, two distinct types of organizational structures.
The matrix structure equalizes the extremes of the two structures to bring them into equilibrium. If you work as a software engineer for a company, for instance, and that company receives a project that calls for a software engineer, they may decide to hire you rather than a new applicant organizational structures.
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Select the correct answer from each drop-down menu. jordan plans to lease a bmw from a local car dealership. help jordan understand the lease terms for this car. jordan leases a bmw from a local car dealership. the dealer informs her that the loan amount is not for the . instead, she will pay for the car’s .
The dealer informs Jordan that the loan amount is not for the purchase price. Instead, Jordan will pay for the car's residual value.
Lease term is simply identified as the period of time in which a contracted lease is in place. In contract concept, lease term establishes the time period to both the lessor and lessee. Lease terms have several types, such as periodic lease terms, fixed lease terms, and indefinite lease terms.
The function of lease term is for guarantees the tenant or lessee use of the property and also guarantees the landlord regular payments or property owner for a specified period in exchange.
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as a leader, robin has both high concern for people and high concern for production. her leadership style is best termed management. a. country club b. impoverished c. team d. middle of the road
The correct answer to choose is (d). As a manager, Robin is very concerned about both the people and the output. Team management is the best description of her leadership style.
What does "team management" mean?Both people and organizations share the ability to lead and coordinate a team of workers to execute a task. Working together, talking, setting goals, and reviewing performance are all part of team management.
Effective group management is facilitated by traits that team leaders possess. Emotional intelligence, communication, and decision-making are a few examples of skills. These qualities give managers the ability to lead personnel with confidence, reason, and empathy.
How is team management a skill?The skill of leading a group of people toward a task or common goal is referred to as team management. Effective team management necessitates motivating, communicating with, and supporting team members in order for them to perform to the best of their abilities and continue to advance as professionals.
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which of the following are elements of the generic conversion process uml class model? multiple select question. cash receipts employees finished goods cash disbursements raw materials bill of material raw materials issue customers vendors
These are the elements of generic conversion process uml class model Bill of material, Finished Goods, Raw Materials, Employees Raw Materials Issue.
There are two main advantages to becoming acquainted with UML templates: first, you will be able to express and communicate your ideas more accurately, and second, code generated through conversion through Ecore will result in generically specified Java.
Some UML generics concepts do not map directly to Java (or Ecore). In general, UML is more verbose and necessitates the creation of more constructs by the modeller to convey ideas that would otherwise be more simply described in Java (or Ecore).
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If the government levies a $5 tax per mp3 player on buyers of mp3 players, then the price paid by buyers of mp3 players would likely.
The price paid by the buyer of mp3 players would be increased by less than $5
This is because the tax burden is shared between buyers and sellers depending on the elasticity of supply and demand . The price will not increase by more than $5 since the tax is $5 . Also it will not be exactly $5 because in that case the demand curve has to be perfectly inelastic but MP3 players are not such vital goods for which demand will be perfectly inelastic. When the quantity sought remains constant despite a change in the price of the commodity, this is referred to as a perfectly inelastic demand condition. Simply put, don't change the price if the demand does not in itself.
(Completed question):
If the government levies a $5 tax per MP3 player on buyers of MP3 players, then the price paid by buyers of MP3 players would likely
a. increase by more than $5.
b. increase by exactly $5.
c. increase by less than $5.
d. decrease.
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if the mu of a product is high, what can you say about the following: a. the shape of the price elasticity of demand for that product. b. how high will the price likely to go?
As long as the marginal utility of each extra unit is greater than its price, a buyer will purchase things.As soon as the price surpasses the marginal utility, a consumer quits consuming new things.
What happens when MU price is greater?As long as the marginal utility of each extra unit is greater than its price, a buyer will purchase things.As soon as the price surpasses the marginal utility, a consumer quits consuming new things. When the elasticity number exceeds 1.0, it indicates that the change in the price of the good or service has an outsized impact on consumer demand.A value less than 1.0 denotes that the demand is inelastic, or somewhat insensitive to price. . A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment.When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic. High elasticity is a question with a single element.It has more elasticity if any one issue can make consumers buy less of the goods.Low elasticity is a concern of net-factor.This is a low elasticity product if, once all is said and done, no demand factor will significantly influence consumption. By dividing marginal utility in utils by marginal utility of one rupee, one can determine marginal utility in terms of money.When MUx exceeds price (MUx > Px), the consumer continues to purchase the good since she is paying less for each incremental level of satisfaction she receives.To learn more about MU price refer
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organizational determinants relate to the internal environment, including the structure, culture, size, and complexity of the organization. group of answer choices true false
Organizational determinants are factors that affect the internal environment of an organization, such as its structure, culture, size, and complexity. true. According to social loafing, participation in a task will boost performance if it is simple or well-learned.
What are the five requirements for effective teams?What are the five requirements for a successful team? Being a true team rather than a team in name only, having a motivating direction, having an enabling structure, keeping a supportive organizational setting, and having professional coaching are all necessary.
The Seven Qualities of Effective Teams
Clear Expectations are number one.
2) The Value of Selflessness in Collaboration.
3) Many Views, One Objective.
4. Promote Free and Open Communication.
5) The Importance of Flexibility.
6) Innovation is sparked by constructive conflict.
7) Numerous Voices, One Message
Three criteria were suggested by Hackman for measuring team effectiveness: output, cooperation, and member development. These standards still hold true, and we advise leaders to utilize them to calibrate their teams over time.
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there are two bonds identical in every way except for their coupons and their prices. both have 12 years maturity. the first bond has a 10 percent coupon rate and sells for $935.08. the second one has 12% coupon rate. what it would well for?
The values of the identical coupons from two bonds. Both people are 12 years of age. The first bond costs $935.08 and has a 10% coupon rate. 12% is the coupon rate for the second one. The price would be $1,064.92.
A coupon is a ticket or document that may be redeemed for a monetary discount or rebate when buying a product in marketing. Coupons are typically distributed by merchants or CPG manufacturers for use in retail stores as a part of sales promotions. They are frequently extensively distributed through the mail, coupon envelopes, magazines, newspapers, the Internet (social media, email newsletter), directly from the retailer, and mobile devices like cell phones.
According to the New York Times, each household received "more than 900 manufacturers' coupons," and the United States Department of Agriculture predicts that "four out of every five families use coupons."
Only 4% of the received coupons were actually used.
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victoria would like to segment website sessions by what media the sessions came from to help her manager show the influence of media on website sessions. what dimension should she use?
In a situation where Victoria would like to segment website sessions by what media the sessions came from to help her manager show the influence of media on website sessions, she should use channel group dimensions to show the same.
What is the significance of website sessions?Website sessions can be referred to or considered as the sessions that define the logged-in activity of one computer network during a particular time based on the time it has remained active on a particular website.
It is helpful in showcasing the use-cases of different forms of media in the influence of an activity on the particular website taken into consideration for the purpose of channel group dimensions and studies that revolve around them.
Therefore, the significance regarding website sessions has been aforementioned.
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Which of the following would be performed by a microbiologist?
A) analyzing particle sizes using light scattering
B) monitoring quality standards for food production
C) measuring pesticide runoff in groundwater
D) isolating cultures of infectious bacteria
A task which would be performed by a microbiologist include the following: D) isolating cultures of infectious bacteria.
What is a pathogen?A pathogen can be defined as any group of living microorganisms that are capable of causing diseases and harm to their host. In Science, some examples of pathogen include the following:
FungiWormsProtozoaInfectious proteins (prions).VirusBacteriaWormsGenerally speaking, microbiologists are experts or professionals that are saddled with the responsibility of isolating cultures of pathogen such as an infectious bacteria.
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which of the following must be known to apply the retail inventory method? (select all that apply.) multiple select question. inventory and purchases based on retail value. inventory and purchases based on cost. number of units on hand at time of sale.
Options that apply to retail inventory method are- Inventory and purchases based on cost and Inventory and purchases based on retail value.
An accounting methodology used to determine the worth of a store's inventory is known as retail inventory. By comparing the expense of inventories to the price of the goods, the retail method estimates the ending stock balance for a store. The retail inventory methodology comprises the cost-to-retail ratio together with sales and inventory for a period of time.
The retail inventory method ought to only be employed when there is a distinct correlation between the price of buying goods from distributors and the expense of selling them to customers.
The complete question is here:
Which of the following must be known to apply the retail inventory method? (Select all that apply.)
a. Number of units on hand at time of sale.
b. Inventory and purchases based on cost.
c. Inventory and purchases based on retail value.
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Which type of power steering system relies on inputs to sense the steering
effort?
A) HPAS
B) EPAS
C) Both A and B
D) Neither A nor B
Back
50 of 61
Next
Submit All
!!!
Answer:
Hi
Explanation:
C is the correct answer
There are a few different workplaces in this career cluster. select the workplaces that sound the most interesting or enjoyable. check all that apply. a desk out in the open in an office building a partially walled off area in an office building containing a desk a private office with a door inside an office building a room in your home a frequently changing environment because you travel often
A desk out in the open in an office building a partially walled off area in an office building containing workplaces that sound the most interesting or enjoyable.
A workplace is a place where someone performs office—either for their employer or for themselves. Such a location could be anything from a home office to a sizable office complex or factory. A workplace is a place where someone performs work—either for their employer or for themselves. Such a location could be anything from a home office to a sizable office complex or factory. The workplace is one of the most significant social settings outside of the home in industrialized nations.
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explain the essential differences between full cost pricing and marginal cost pricing strategies. 7.5 what would happen financially to a health services organization over time if its prices were set at a. full costs? b. marginal costs? 7.6 a. what is cross-subsidization (price shifting)? b. is it as prevalent today as it has been in the past?
Businesses can recover all costs, including fixed and variable costs, with full cost pricing, whereas marginal cost pricing recovers only variable costs. The practice of charging higher prices to one type of consumer in order to artificially lower prices for another group is known as cross subsidization.
What is cross-subsidization?Cross subsidization is defined as a difference in price policy for two groups of buyers, or it can be stated as Cross-subsidization occurs when a marketer charges a higher price to one group of consumers in order to subsidies lower prices for another. The practice of redirecting revenue from profitable services to subsidies unprofitable services is known as cross subsidization. Know that such practice is not dependent on price fluctuations and can be a perfectly predictable part of running a hospital. Cross-subsidies exist when the government allows businesses to overcharge one group of customers in order to subsidies another.
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an international nonprofit has been experiencing high turnover among its analysts, who are experts in their areas of specialty. this inability to retain staff has prevented the organization from developing strategies to improve healthcare and education in the countries where it operates. the ceo hires you as a consultant to help solve this problem. what recommendations are you most likely to make? check all that apply.
As a consultant, I will advise the company to give analysts autonomy while paying them well to reduce employee turnover.
Recommendations are -
Send analysts to academic and professional seminars in their areas of interest. Give analysts a high degree of autonomy in deciding how to do their work. Pay analysts a premium relative to the market rate for their work.
The number of employees who leave an organization during a certain period of time, usually a year, is referred to as employee turnover or employee turnover rate. Although an organization counts the total number of workers leaving, turnover can also relate to divisions within the organization, such as specific departments or ethnic or racial groups.
Here in this case, the organization can reduce employee turnover, especially analysts, by providing them with certain benefits such as full work autonomy, remuneration according to market rates, which will motivate them and ultimately reduce employee turnover.
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The complete question is here:
An international nonprofit has been experiencing high turnover among its analysts, who are experts in their areas of specialty. This inability to retain staff has prevented the organization from developing strategies to improve healthcare and education in the countries where it operates. The CEO hires you as a consultant to help solve this problem. What recommendations are you most likely to make? Check all that apply.
Send analysts to academic and professional seminars in their fields of interest.Evaluate analysts’ performance according to quantitative measures of their output.Give analysts a high degree of autonomy in deciding how to do their work.Pay analysts a premium relative to the market rate for their jobs.