Answer: Management by objectives (MBOs) is a goal setting strategy designed to improve both employee and company performance and boost engagement through a rewards-based system.
Explanation:
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You deposit $2,000 in a savings account that pays 10 percent interest, compounded annually. how much will your account be worth in 15 years?
You deposit $2,000 in a savings account that pays 10 percent interest, compounded annually. $8354.5 (2000 x (1+.10)^15) will your account be worth in 15 years.
If you borrow $100,000 at 5% interest compounded annually, you would owe $5,250 after the first year on a principal of $105,000. This method involves calculating and adding interest to an investment or loan once a year rather than for a longer period.
However, due to compounding, annual interest is typically charged at a greater rate. The invested amount has a 12-month growth rate instead of a monthly payout. Take advantage of it if you can receive the same interest rate for monthly installments as you can for annual payments, though.
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Suppose $30,000 is deposited into an account paying 3.5% interest, compounded annually. How much money is in the account after ten years if no withdrawals or additional deposits are made? O $44,350.50 0 $42,317.96 O $41,878.94 0 $40,500.00
$42, 317.96 money is in the account after ten years if no withdrawals or additional deposits are made.
A=amount after 10 years.
P = Principal Amount = $30,000
P=3.5%
=3.5% /100
=0.035, n=1
So A= 30,000 [tex](1+0.0035)^{10}[/tex]
=$42, 317.96
A deposit is cash you placed into your bank account. You need to deposit money in a bank to create savings and earn interest on it. A call for deposit is made for funds you may withdraw every time. A time deposit is a long-term investment. A deposit could also be the collateral quantity you pay while you take on a mortgage.
A lower back deposit arises whilst a company deposit takes a look with its financial institution, and the bank refuses to deposit the associated sum of money inside the agency's financial institution account. this could happen for the following motives: The bank on which they take a look at became at the start drawn rejects the check.
People deposit their financial savings in banks. they are able to withdraw their cash whenever required. Due to the fact that deposits within the financial institution account can be withdrawn on call for, those deposits are called call for deposits.
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A firm makes generous donations to charities, but its employees are always being scrutinized for engaging in questionable sales practices. this firm would be considered?
Generous humans are capable and inclined to provide. They deliver each financially and of themselves, in a way that blessings the recipient. Their presents may additionally consist of time, cash, matters, and encouragement. generous people also are able to get hold of in one of this manner that the giver profits from the interchange.
A beneficiant quantity of something is an awful lot large than is traditional or essential. He must be capable of holding his room tidy with a beneficiant amount of storage space. Synonyms: considerable, lavish, adequate, plentiful extra Synonyms of generous. generously adverb.
Some commonplace synonyms of generous are bountiful, liberal, and munificent. while most of these words imply "giving or given freely and unstintingly," beneficiant stresses warmhearted readiness to offer more than the size or importance of the gift.
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In alphabetical filing, which name would appear first?
a. pipeline coastal group
b. pip pipes and plumbing services
c. pipe and drains co.
d. pipe fitters & plumbers services
In alphabetical filing, b. pip pipes and plumbing services
A service is an " act or use for which a patron, company, or government is inclined to pay." Examples consist of work carried out by barbers, medical doctors, lawyers, mechanics, banks, insurance groups, and so on. Public services are those that society as a whole can pay for.
Offerings are intangible monetary sports that require private interaction between the patron and the provider provider on the time of transport of the offerings. services need not contain any form of production or sale of products and are in particular supplied so one can satisfy individuals' wishes.
Services are varied in 3 agencies; business offerings, social services and personal services.
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Determining how a company's activities and resources are to be grouped is called?
Organizing is the process of selecting how to allocate a company's resources and activities.
Delegating responsibilities, classifying them into departments, distributing power, and allocating resources across the organization are all aspects of organizing. Managers prepare employees, resources, rules, and processes during the organizing phase to meet the plan's objectives.
The process of deciding how to divide up a company's resources and activities is known as organizing.
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Why are systems for collaboration and social business so important, and what technologies do they use?
Systems for collaboration and social business is important for globalization. Collaboration and Social business enhance the innovation or the productivity of the business.
It also enhances the quality as well as the customer service.
Technologies which are used by the systems for collaboration and social business include, email or wikis or the virtual meetings.
Virtual worlds, cyberlockers, collab platforms, MS sharepoint and social networking sites are also included in the technologies which are used by the systems.
Social business is a business which is aimed at addressing a social cause. The investments which are made by the investors is entirely with a vision of contributing to the social welfare only and not for the profit entirely.
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Many company employees work from home on a full-time basis. what technology do they commonly use to communicate securely with the organization's network?
Those who do get technology with mild-to-moderate COVID-19 will likely remain infectious no longer than 10 days after symptoms begin. Individuals with severe-to-critical illness stemming from a COVID infection likely aren't infectious 20 days after symptoms first began.
Technology is the application of scientific knowledge to the practical aims of human life or, as it is sometimes phrased, to the change and manipulation of the human environment.7 days.
The definition of technology is the application of scientific knowledge for practical purposes or applications. The technology uses scientific principles and applies them to change the environment in which humans live. Technology can also use scientific principles to advance industry or other human constructions.
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Suppose a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is.
If a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is: 1.6 bushels of squash.
Opportunity costUsing this formula
Opportunity cost= bushels of squash/bushels of tomatoes
Let plug in the formula
Opportunity cost=8/5
Opportunity cost=1.6 bushels of squash
Therefore If a gardener produces both tomatoes and squash in his garden. If he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is: 1.6 bushels of squash.
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A construction company has 12 workers who are paid minimum wage. the company wants to reduce costs because there is less work. which action is an available and effective option from the perspective of the business? have the workers work more quickly hire workers who are not as skilled reduce the amount workers are paid select several workers to be laid off
If a construction company has 12 workers who are paid minimum wage. and the company wants to reduce costs because there is less work. The action is an available and effective option from the perspective of the business is: Select several workers to be laid off.
What is cost reduction?Cost reduction can be defined as the process of cutting down expenses so as to save more money and this tend to occur when expenses is higher than revenue.
To reduce cost the best option is for the company to select or choose several workers to be laid off.
Therefore the action is an available and effective option from the perspective of the business is: Select several workers to be laid off.
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Answer: Select several workers to be laid off.
Explanation: Took the test, got it right.
drag the items to classify each event as movement along the demand curve or a demand curve shift. the good is fertilizer for flowering plants.
Movement Along Demand Curve: The fertilizer becomes cheaper; the fertilizer becomes more expensive.
Factors That cause shift in demand curve: Chicken manure, a substitute for fertilizer, becomes more expensive, Roses become cheaper.
A demand curve is a graphical depiction of the correlation between commodity and their price, and the way the graph alters as their values change.
Movement along the Demand Curve is caused by commodity price fluctuations. This has an additional impact on the quantity demanded. All other variables remain static. In this case, the graph keeps moving along the Y-axis whereas the price is projected against it. The other axis, moreover, stays unchanged. So, in this scenario, a significantly raise in price lessens Demand, while a decline in price increases Demand.
A shift in the demand curve takes place if any other factor besides of price fluctuate. It may be owing to the quantity, income level, or a variety of other variables underlying the Demand Curve. Also, the price can alter as a result of this. This causes a shift to the left or right in the Demand Curve.
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on june 2, year 1, tory, inc. issued $500,000 of 10%, 15-year bonds at par. interest is payable semiannually on june 1 and december 1. bond issue costs were $6,000. on june 2, year 6, tory retired half of the bonds at 98. what is the net amount that tory should use in computing the gain or loss on the retirement of debt?
Number of semiannual periods in bond term: 15(2) = 30Number of semiannual periods remaining at 6/2/05 = 10(2) = 20Remaining unamortized bond issue costs: $6,000(20/30) = $4,000Net amount to compare to price paid for bonds, to determine gain or loss on retirement, on one-half the bond issue: (1/2)($500,000 - $4,000) = $248,000. A journal entry recording the retirement of one-half the issue helps show why $248,000 is the correct answer.
Dr:Bonds payable 250,000
Cr:Bond issue costs 2,000
Cr:Cash .98($250,000) 245,000
Cr:Gain 3,000
The gain equals the net value of two accounts removed from the books ($248,000) less the amount paid to retire the bonds.
What is unamortized bond?
Unamortized bond premium is the difference, less interest, between the bond's face value and the higher price at which it was sold. The portion of the total bond price that has not yet been amortized by the issuer—i.e., written off incrementally against expenses in the future—is known as the unamortized bond premium.
Therefore,
On june 2, year 1, tory, inc. issued $500,000 of 10%, 15-year bonds at par. interest is payable semiannually on june 1 and december 1. bond issue costs were $6,000. on june 2, year 6, tory retired half of the bonds at 98. what is the net amount that tory should use in computing the gain or loss on the retirement of debt?
The question asks for the book value amount to be compared to the price paid for the bonds retired when the gain or loss on retirement is computed.The net book value includes the unamortized bond issue costs. The amount of unamortized issue costs relating to the portion of the bond issue retired increases the loss or decreases the gain because it represents the value of an asset that can provide no further benefit. The remaining portion of the bond term for the portion of the bond issue retired is the period for which the bond issue costs can no longer provide benefit.Number of semiannual periods in bond term: 15(2) = 30Number of semiannual periods remaining at 6/2/05 = 10(2) = 20Remaining unamortized bond issue costs: $6,000(20/30) = $4,000Net amount to compare to price paid for bonds, to determine gain or loss on retirement, on one-half the bond issue: (1/2)($500,000 - $4,000) = $248,000. A journal entry recording the retirement of one-half the issue helps show why $248,000 is the correct answer.
Dr:Bonds payable 250,000
Cr:Bond issue costs 2,000
Cr:Cash .98($250,000) 245,000
Cr:Gain 3,000
The gain equals the net value of two accounts removed from the books ($248,000) less the amount paid to retire the bonds.
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What are some financial intermediaries that are not formally organized or regulated as investment companies but serve similar functions?
Financial intermediaries like commingled funds, hedge funds, and real estate investment trusts carry out comparable tasks even though they are not formally set up or subject to the same regulations as investment companies.
A commercial bank, investment bank, mutual fund, or pension fund are examples of organizations that serve as the middleman between two parties in a financial transaction. Consumers as a whole gain from financial intermediaries' safety, liquidity, and economies of scale in the banking and asset management industries. Disintermediation is significantly less of a concern in other areas of finance, such as banking and insurance, even though it does threaten to abolish the financial intermediary in other areas, such as investing.
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inaccurate can lead to excess and/or shortages throughout the organization and the supply chain.
Inaccurate information can lead to excess or shortage throughout the organization and the supply chain as minor fluctuations in forecasting can results in shortage or excess inventory for the distributors, manufacturers and suppliers.
Inventory should not be excess and not have shortage too because excess creates cost for the organization such as cost of storing, cost of carrying whereas shortage cannot fulfil the demand of the customers which results in decrease in company's goodwill.
Therefore supply chain management should be adequate which works effectively and efficiently.
In the earlier times, people cannot predict the correct information which results in fluctuations but in today's time with the help of technology, internet accurate information can be collected and communicated to the respective users.
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What+is+the+current+value+of+a+zero-coupon+bond+that+pays+a+face+value+of+$1,000+at+maturity+in+11+years+if+the+appropriate+discount+rate+is+12%
Current Value of Zero Coupon bond is $287.47.
Maturity amount =$1000
Number of Years to maturity =11 years
Discounting rate =12% Current Value of Zero Coupon Bond = Maturity amount × Present value factor at 11 years at 12%
Present value factor at 11 years at 12% =0.28747
Current Value of Zero Coupon bond =$1000 × 0.28747 =$287.47
Current Value is a method of accounting primarily based on the value of changing property on the costs that would be paid now, rather than at the charges they had been at first bought for contemporary value accounting can yield outcomes which might be materially different from traditional accounting based totally on historical fees.
The fair fee of the inventory is a subjective time period calculated the usage of the current financial statements, marketplace position, and feasible increase fee from a set of metrics. In comparison, the market fee is the cutting-edge percentage price at which the inventory or asset is traded.
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the value to consumers that comes from having the offering available when they need it constitutes blank utility.
Form utility is the value to consumers that comes from having the offering available when they need it constitutes blank utility.
Consumers are once in a while contrasted with manufacturers. for example, an organization that manufactures toothpaste is a manufacturer; and whilst you purchase that toothpaste, you're a purchaser. however, a word that regularly people each produce and eat the same object.
Clients are the fundamental monetary entities of an economy. All consumers devour goods and offerings immediately and indirectly to maximize delight and utility. customers have restrained profits through which they need to satisfy their most utility (utility is the need gratifying potential of a commodity).
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how is accounting knowledge beneficial to different business majors? accounting knowledge helps . (check all that apply.)
How accounting knowledge is beneficial to different business majors is: accounting knowledge helps: in setting prices by brand managers, to forecast revenue by financial analysts, to assess the value of investing options by investment analysts, to determine supply chain options.
What is accounting knowledge?Having knowledge about accounting and how it work is important for business owners as knowledge of accounting can help you to know how to forecast your revenue, how to prepare your financial statement or information etc.
Accounting knowledge can tend to helps in the following:
Accounting knowledge can help brand managers in setting prices.Accounting knowledge can help to financial analyst to forecast revenue.Accounting knowledge can help investment analyst to assess the value of investing options Accounting knowledge can help to know supply chain options.Therefore how accounting knowledge is beneficial to different business majors is: accounting knowledge helps: in setting prices by brand managers,
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The complete question is:
How is accounting knowledge beneficial to different business majors? Accounting knowledge helps ______.
in setting prices by brand managers
to forecast revenue by financial analysts
to assess the value of investing options by investment analysts
to determine supply chain options
2. the higher the opportunity cost of attending college the more likely an individual will go to college. do you agree? explain your answer. (3 points)
It is accurate because the more the surplus a person earns by choosing an alternative option, the greater the opportunity cost. That in this instance would be skipping college.
Another factor contributing to the opportunity cost of attending college is money. Nowadays, the college narrative is so prevalent that people often fail to consider all the other options. Of course, these expenses aren't just related to the profession you chose.
The worth of the best alternative use of a person's time is measured along with the additional expenses that person incurs as a result of choosing to attend college.
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As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether.
As mergers, acquisitions, and restructuring have increased in importance, agency theory has become more important in assessing whether "shareholder goals are truly being achieved by managers in the long run".
What is agency theory?The important connections between principals and their relative agents are explained by the idea of agency theory. The principal, in the most basic sense, is someone who heavily relies on an agent to carry out specified financial decisions and transactions with potentially variable results.
There may be a variety of conflicts or disagreements due to the principal's reliance on the agent to make the best choice. Such links are explored in agency theory.
In terms of business, the principal is regarded as a shareholder, but the agent is seen as an executive of the company. Despite appearances, there is a close relationship between firm management and shareholders. The positions of each of them are significantly impacted by the other's activities.
The "agency dilemma" or "agency problem" are other names for agency theory.
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Organizations use ___________________ hold to preserve all forms of relevant information when litigation is reasonably anticipated.
Legal hold is a procedure used during data capture to preserve all relevant information in its various forms when litigation is reasonably anticipated.
What is litigation?Bringing a matter before a court of law is known as litigation. In the event that the parties to a disagreement are unable to come to an amicable resolution, they will each present their respective arguments to the court for decision. It is a general term that refers to a drawn-out and occasionally challenging process. The steps in the litigation procedure will be broken down in this article. The standing orders of judges and the regional regulations of each court serve as supplements to these. In the event that a dispute cannot be resolved amicably, the parties will each present their separate cases to the court for judgement.
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Is it correct to assume that total income equals total expenditure for the whole economy?
No, because the economy is able to borrow and thus spend more than it earns. An economy is a region where products and services are produced, distributed, traded, and consumed. It is generally understood to be a social domain that places an emphasis on the behaviors, discourses, and tangible manifestations connected to the creation, utilization, and management of finite resources.
One's culture, values, education, technological advancement, history, social organization, political structure, legal system, and natural resources are all major determinants of an economy's processes. In other words, the economic realm is a social domain made up of connected human behaviors and exchanges that cannot exist independently.
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the managers of a car-detailing shop have decided to utilize the hawthorne effect to increase productivity, which means using cameras to film employees at work in order to isolate the parts of a job.
Answer: False
Explanation:
The change in the behaviour of participants when they are aware that they are being observed is called Hawthorne effect. It can be defined as increase in output in response to being watched.
The term emerged with Hawthorne studies that tested the impact of various working condition variables on the productivity of the employees. Although experts do not believe that there was any Hawthorne effect in Hawthorne studies.
Hawthornian studies began around 1924 at the western Electric plant in Illinois, Chicago.
on a scale of 1 to 3, with 3 being high, johanna’s brokerage has identified flood damage to the office building as a level 2 for likelihood of occurrence and a level 3 for severity of impact. is this a low-, medium-, or high-level risk?
The answer is High.
What are generic building blocks?The following are general traits of building blocks: A building block is a collection of features designed to address the demands of the business across an organization. The functionality can be accessed through public interfaces from a building block. A building block has the potential to work together with other interconnected building blocks.The foundational components of art as a whole are seven different types of artistic expression. The seven elements are line, color, value, shape, form, space, and texture.A building block is a collection of features designed to address the demands of the business across an organization. The functionality of a building block is accessible through public interfaces. A building block may work in conjunction with other, related building blocks.Nanoparticles, metal-organic frameworks, organic molecular structures, and supra-molecular complexes are utilized as building blocks for the bottom-up modular assembly of molecular architectures. Utilizing building blocks ensures exact control over the final composition of a molecule or (supra)molecular construct.On a scale of 1 to 3, with 3 being high, johanna’s brokerage has identified flood damage to the office building as a level 2 for likelihood of occurrence and a level 3 for the severity of impact. is this a low-, medium-, or high-level risk? High.
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The marketing mix element that describes what a buyer exchanges with a seller in order to obtain a product is known as?
The marketing mix element that describes what a buyer exchanges with a seller in order to obtain a product is known as Globalization
The marketing mix is what?The term "marketing mix" refers to a group of procedures, or techniques, that a business use to sell its goods or services. Price, Product, Promotion, and Place are the 4Ps that make up a conventional marketing mix.
How does the global marketing mix work?An increasingly interdependent and integrated global economy is combined with the promotion and sale of goods and services through global marketing. It renders the businesses stateless and without boundaries.The 4Ps of marketing—product, pricing, place and promotion—present numerous difficulties when used in international marketing. We look at each P separately to try to identify any problems that may be associated with it.The product and service mix is one of the key components for today's global marketer. It is astounding how many different products and services are in demand in the age of globalization.To know more about Globalization visit:
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The observed sales for january, february, march and april are 62, 57, 64 and 64, respectively. what is the forecasted sales for may using 3-period moving averages method?
The forecasted sales for may use the 3-period moving averages method is 124.
Forecast for May =(120+136+116)/3 = 124
A forecast of sales allow each enterprise to make better commercial enterprise choices. It allows in usual commercial enterprise making plans, budgeting, and risk control. sales forecasting lets in companies to efficaciously allocate resources for future boom and control their cash float.
Forecast of a period with n period moving average = average of last n periods demand
Forecast for May =(120+136+116)/3 = 124
Answer 2: Forecast for May= 120
Period, t At, Demand Ft, Forecast
February, 1 120 116
March, 2 134 118.0
April, 3 114 126.0
May, 4 83 120.0
the formula to be used in Simple Exponential smoothing is
Ft+1= alpha*At + (1-alpha) Ft
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When a firm starts up or buys a business outside of its current product line and markets, it is pursuing which growth strategy?.
When a firm starts up or buys a business outside of its current product line and markets, it is pursuing diversification growth strategy.
What is diversification growth?
A growth strategy known as diversification is expanding your business into a new market or industry while also developing a new product specifically for that market. Concentric diversification is the creation of new goods and services that are interchangeable with those you presently market. For instance, an orange juice company introduces a brand-new "smooth" orange juice beverage alongside their flagship orange juice "with chunks."
Therefore,
When a firm starts up or buys a business outside of its current product line and markets, it is pursuing diversification growth strategy.
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enter a value in each blank cell to get full credit for this exercise, and round all dollar amounts to the nearest whole dollar. enter any cash deficit with a minus sign. three-month cash budget (by month) name(s): dan and june kuryaki for: three months ending: march 31, 20xx january february march total for three months income dan’s salary $1,313 1,313 june’s salary 1,181 1,181 total income 2,494 expenses rent 450 450 utilities: central maine power 50 50 t-mobile 25 25 food 90 90 automobile 315 315 public transportation 200 200 insurance 0 0 parents’ loan 58 58 fun money 208 208 total expenses 1,396 1,621 cash surplus (deficit) 1,098 cumulative surplus (deficit) $1,098
The subsequent cash budget assumptions had been made earlier than developing the coins price range. They'll now not spend something for the following 3 months on fun money.
The car mortgage is still due, and they're paying the installment month-to-month
lease and different utility expenses are taken into consideration similar to the preceding year.
Public transportation is an price they spend monthly.
3-Month cash budget (by way of Month).
3-Month cash price range (by way of Month)
call(s) Pedro and Lucy McDermott
For: 3 months ending: March 31
January February March total for 3 Months
earnings
Pedro’s profits $ 1,313 $ 1,313 $ 1,313 $ 3,938
Lucy’s salary $ 1,181 $ 1,181 $ 1,181 $ 3,544
overall profits $ 2,494 $ 2,494 $ 2,494 $ 7,481
costs
lease $ 450 $ 450 $ 450 $ 1,350
Utilities:
Puget Sound power $ 50 $ 50 $ 50 $ 150
Verizon $ 25 $ 25 $ 25 $ seventy five
food $ ninety $ 90 $ ninety $ 270
vehicle loan $ 315 $ 315 $ 315 $ 945
Public transportation $ two hundred $ 2 hundred $ 2 hundred $ 600
coverage $ - $ - $ 225 $ 225
parents’ loan $ fifty eight $ fifty eight $ fifty eight $ 175
a laugh cash $ - $ - $ - $ -
overall charges $ 1,188 $ 1,188 $ 1,413 $ 3,790
coins surplus (deficit) $ 1,305 $ 1,305 $ 1,080 $ 3,691
Cumulative surplus (deficit) $ 1,305 $ 2,611 $ three,691 $ three,691
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Find+the+equivalent+taxable+yield+of+the+municipal+bond+for+tax+brackets+of+zero,+10%,+20%,+and+30%,+if+it+offers+a+yield+of+4.70%.+(round+your+answers+to+2+decimal+places.)
The definition of equivalent is something that is essentially the same or equal to something else. An example of an equivalent is (2+2) and the number 4. Since 2+2= 4, these two things are equivalent.
Equivalent Taxable yield of municipal bonds = Yield/(1-tax rate)
yield offered by municipal bonds= 4.70%
(a)Tax rate= 0%
"Equivalent Taxable yield =
" 4.70%/(1-0%)
4.70%
(b)Tax rate= 10%
Equivalent Taxable yield = 4.70%/(1-10%)
5.22%
(c) Tax rate= 20%
Equivalent Taxable yield = 4.70%/(1-20%)
5.88%
(c) Tax rate= 30%
Equivalent Taxable yield = 4.70%/(1-30%)
6.71%
Equivalent Taxable yield
a 4.70%
b 5.22%
c 5.88%
d 6.71%
Disclaimer:- The correct format of the question is given below.
Q. Find the equivalent taxable yield of the municipal bond for tax brackets of zero, 10%, 20%, and 30%, if it offers a yield of 4.70%.+(round your answers to 2 decimal places.)
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Effective economic demand requires not merely need but also corresponding ___________.
Effective economic demand requires not merely need but also corresponding purchasing power.
What is purchasing power?Purchasing power can be defined as the quantity or numbers of goods or product that consumer can buy or purchase with the currency they have.
Inflation which is the rise in the price of goods and service can tend to affect purchasing power based on the fact that when their is increase in the prices of goods and service the amount of goods a person will buy will decrease.
Therefore Effective economic demand requires not merely need but also corresponding purchasing power.
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the inverse demand function of a group of consumers for a given type of widgets is given by the following expression: π
The inverse demand function of a group of consumers for a given type of widgets is given by the following expression:
[tex]\pi=-10q+2000[/tex]
What is meant by the inverse demand function?
Inverse demand functions is the basis of strategic pricing. However, to calculate a profit- or sales-optimal price, the inverse demand function must be combined with the sales and profit function. As the inverse demand function of a market is often not known in practice. It is also one of the qualitative methods such as expert estimates.
In other words, an inverse demand function can be described by the equation:
x = a + b * p,
where a represents the prohibitive price, that is, the price at which the sales quantity is zero.
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The inverse demand function of a group of consumers for a given type of widgets is π=− 10 q+ 2000 [$/unit].
What is inverse demand function?The inverse demand function, or x = x, in pricing theory, describes the functional relationship between a price p and the amount that can be sold at this price (p).
The opposite of a demand function is a demand function's inverse.
The demand function that appears in the renowned Marshallian Scissors diagram is the inverse demand function.
Because the independent variable is plotted on the y-axis and the dependent variable is plotted on the x-axis by economists, the function has this form.
Price is a function of quantity sought in the inverted demand curve.
Therefore, demand is represented by a horizontal axis and price is represented by a vertical axis.
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most managers are engaged in passive scanning; however, they fail to turn their scanning activities into meaningful organizational . dynamism learning inertia scale structures
Most managers are engaged in passive scanning; however, they fail to turn their scanning activities into meaningful organizational Learning.
A successful training program will have significant advantages. Alternately, ineffective training may work against the objectives of the company. Training frequently fail in businesses, regardless of the size of the organization, for a number of reasons.
The following are the most common barriers to Organizational learning & training program:
1. Program Focus vs Organizational Focus- Employee focus is on completing the program or project, not on organizational development.
2. Limited resource- Many companies reduce their training and development budgets when the economy is bad.
3. Resistance to change- People who have been used to a certain method of operating for a long time tend to avoid trying something new. They do not wish to adopt new skills or procedures.
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