When the market is flooded with rice due to weather conditions during the growing season, the result is a surplus of rice. This can lead to a decrease in the price of rice and difficulty for farmers who may have trouble selling their crops for a profitable price.
What is surplus?A surplus is an excess of a particular item or commodity over what is needed or expected. A surplus often results in a decrease in the price of a product, as there is more supply than demand. In the case of rice, if there is a surplus of rice due to weather conditions during the growing season, the market will be flooded with rice and prices will decrease.
This can make it difficult for farmers who have grown rice to sell their crop for a profitable price.
A surplus can have various impacts on a market, depending on the specific commodity and market conditions. In the case of rice, a surplus can lead to lower prices for rice, which can be good for consumers who may be able to buy rice at a cheaper price.
However, it can be difficult for farmers who may have trouble selling their crops for a profitable price due to the surplus. Overall, a surplus can disrupt market equilibrium and lead to challenges for producers and sellers.
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if the shadow price for a resource is 1 and 150 units of the resource are added what happens to the optimal solution? assuming there are no other changes, the increase is within the allowable increase, and the solution is not degenerate.
If the shadow price for a resource is 0 and 150 units of the resource are added, there will be no change to the optimal solution D. no change This is because the shadow price indicates the marginal value of an additional unit of a resource at the current optimal solution.
When the shadow price is 0, it means that adding a unit of the resource will not change the optimal solution. Thus, adding 150 units of the resource will have no impact on the optimal solution. The Shadow price is a measure used in linear programming to calculate the impact of adding one unit of a particular resource to a problem. It is the difference between the objective function's maximum value and the objective function's value if the resource constraint is relaxed by one unit. The shadow price tells you how much extra profit you would get if you could increase the resource constraint by one unit.
In summary, if the shadow price for a resource is 0, adding 150 units of the resource will not change the optimal solution. Therefore, the answer is d) no change.
The Question was Incomplete, Find the full content below :
If the shadow price for a resource is 0 and 150 units of the resource are added what happens to the optimal solution?
a. decreases by an unknown amount
b. increases more than 0 but less than 150
c. increases by an unknown amount
d. no change
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elasticity of demand measures group of answer choices how much buyers respond to a change in income. how much sellers respond to a change in price. how much buyers respond to a change in price. how much sellers respond to a change in income.
Elasticity of demand is defined as the measure of how responsive the quantity demanded of a good or service is to a change in any one of the determinants of demand. Elasticity of demand measures how much buyers respond to a change in price. The change in price of a good or service will lead to a change in quantity demanded of that good or service.
Elasticity of demand can be influenced by various factors such as a change in price, income, and availability of substitutes, among others. When the price of a good or service is increased, the quantity demanded of that good or service will decrease. Conversely, when the price of a good or service is reduced, the quantity demanded of that good or service will increase. Therefore, the elasticity of demand for a good or service can be calculated by dividing the percentage change in the quantity demanded by the percentage change in price. If the value obtained is greater than one, the demand is considered elastic. If the value obtained is less than one, the demand is considered inelastic. Elasticity of demand measures the responsiveness of buyers to a change in price. It helps firms to determine the price of their products and the total revenue earned from the sale of their products. If the demand for a product is elastic, a small change in price will lead to a large change in quantity demanded. Therefore, firms need to be careful when setting the price of their products if they want to maximize their revenue.
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a bond issue with a face amount of $1,300,000 bears interest at the rate of 10%. the current market rate of interest is 11%. these bonds will sell at a price that is:
The bond issue with FACE AMOUNT $1,300,000 bears interest at the rate of 10%. The current market rate of interest is 11%. These bonds will sell at a price that is below FACE AMOUNT. The selling price of the bonds is $1,192,239.
Solution:
The given data is:
FV = FACE AMOUNT = $1,300,000
r = interest rate = 10% = 0.10
n = time to maturity = 1 year
m = market rate = 11% = 0.11
We need to calculate the selling price of bonds.
PV = FV / (1 + r)^n
PV = $1,300,000 / (1 + 0.10)^1
PV = $1,181,818.18
Now, we will calculate the selling price of bonds by the formula:
Selling price of bond = PV × PVIFA^m^n
Selling price of bond = $1,181,818.18 × PVIFA^11^1
Selling price of bond = $1,192,239
Therefore, the bonds will sell at a price that is $1,192,239. The selling price of the bond is below FACE AMOUNT.
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what is the only real way that the national debt has a chance to be significantly reduced over time, and what are some consequences of so acting to reduce the debt?
The only real way that the national debt has a chance to be significantly reduced over time is by implementing sound fiscal policies such as decreasing government spending, increasing taxes or a combination of both.
The consequences of reducing the debt can be both positive and negative.National debt refers to the total amount of money that the government owes to its creditors, which may include individuals, banks, or foreign governments. National debt is an accumulation of budget deficits over the years. Debt is different from the budget deficit, which refers to the shortfall between the government’s revenues and expenditures in a given fiscal year.
The only real way to significantly reduce the national debt over time is by implementing sound fiscal policies such as decreasing government spending, increasing taxes or a combination of both. If the government reduces spending and/or increases taxes, it will help to generate revenue that will help to repay the debt. Conversely, if the government does not take steps to reduce debt, it will continue to accumulate, and interest payments will continue to consume a significant portion of the budget.
By reducing debt, the government can free up resources to fund other programs and services that may have been neglected due to budget constraints. Consequences of reducing debt can be both positive and negative. One of the positive consequences is that reduced debt levels can increase investor confidence in the economy, leading to a higher demand for government bonds.
This could help to lower interest rates on borrowing, allowing businesses and individuals to invest and spend more money. However, reducing debt through spending cuts and/or tax increases can lead to economic slowdown, unemployment, and social unrest.
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developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee, if he or she leaves the organization group of answer choices true false
True. Developing social capital is risky for an organization because social capital is specific to individuals and remains with the employee if he or she leaves the organization.
Social capital can be defined as the network of relationships that an organization can leverage to enhance its performance. An organization must, therefore, develop social capital to maintain a competitive edge. However, individuals' social capital is not transferrable, meaning that it stays with the employee and can move with them to another organization. In conclusion, developing social capital is risky for an organization because it can lose social capital when an employee leaves the organization. As a result, organizations must develop an internal strategy that builds the collective social capital of the organization, not just individual employees, to mitigate the risks associated with developing social capital.
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you have a novel idea. hedge eur 50,000,000 in the forward market and leave the rest unhedged. what will be your revenue if the spot rate in 12 months is usd 1.23/eur?
Your potential revenue from this novel idea will be USD 11,500,000 if the spot rate in 12 months is USD 1.23/EUR.
To calculate the potential revenue of your novel idea, you need to consider the hedge amount, the spot rate in 12 months, and the total amount unhedged.
The hedge amount of EUR 50,000,000 will not change and is not dependent on the spot rate. However, the total amount unhedged will depend on the spot rate in 12 months.
If the spot rate in 12 months is USD 1.23/EUR, then the unhedged amount will be USD 61,500,000.
To calculate this, take the total amount of EUR 80,000,000 and multiply it by the spot rate of 1.23. This will give you the unhedged amount of USD 61,500,000.
The revenue will be the unhedged amount minus the hedge amount. Therefore, the revenue of your novel idea will be USD 11,500,000 if the spot rate in 12 months is USD 1.23/EUR.
This is calculated by taking the unhedged amount of USD 61,500,000 and subtracting the hedge amount of EUR 50,000,000.
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if company a has a higher net operating profit margin (nopm) than company b, then company a's rnoa will be higher. select one: true false
The given statement "if company a has a higher net operating profit margin (nopm) than company b, then company a's rnoa will be higher" is True.
The return on net operating assets (RNOA) of Company A will be higher than that of Company B if Company A has a higher net operating profit margin (NOPM). This is because the RNOA is calculated as the NOPM divided by total assets minus non-operating assets.
When Company A has a higher NOPM, its RNOA will be higher than Company B's.
The NOPM measures the net operating profit relative to total operating assets and is the ratio of operating income to total assets.
It indicates how well a company is able to use its assets to generate income. RNOA, on the other hand, measures the return on operating assets and indicates the efficiency with which a company can generate a profit from its operating activities.
In conclusion, if Company A has a higher NOPM than Company B, then its RNOA will be higher than that of Company B.
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the process where a company attempts to recover costs by increasing the price for a product with decreasing demand describes the
The process where a company attempts to recover costs by increasing the price for a product with decreasing demand describes the process of price skimming.
The explanation given in the question really contrasts with price skimming, a pricing tactic where a business sets a high initial price for a new good or service and then progressively reduces the price over time as demand declines.
Price gouging is the practise of a business trying to recover costs by raising the price of a good when there is a decline in demand. Price gouging is when a vendor raises prices for products or services that customers need by taking advantage of a brief shortage or an exceptional rise in demand.
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the perspective that emphasizes the complex reasoning processes of the conscious and unconscious mind, often used in advertising and marketing, is associated with which major theorist?
The perspective that emphasizes the complex reasoning processes of the conscious and unconscious mind, often used in advertising and marketing, is associated with Sigmund Freud, who is a major theorist.
What are advertising and marketing? Advertising and marketing are both disciplines that are focused on creating and delivering value to clients. Advertising and marketing are concerned with promoting goods and services, creating client demand, and effectively converting that demand into sales.
In the field of advertising and marketing, one of the key perspectives emphasized is the complex reasoning processes of the conscious and unconscious mind. This perspective is commonly associated with Sigmund Freud, a major theorist who introduced several revolutionary concepts related to human nature and the human mind.
What are the complex reasoning processes of the conscious and unconscious mind? The concept of complex reasoning processes of the conscious and unconscious mind emphasizes the role of subconscious and conscious processes in shaping human behavior. The conscious mind processes information on the basis of reason and logic, while the subconscious mind processes information based on past experiences and emotions.
Theorist: The term "theorist" refers to a scholar or researcher who develops or refines theories. Theorists are concerned with the development of theoretical frameworks and concepts that can help to explain phenomena in a particular field of study. In the field of psychology, major theorists such as Sigmund Freud, Erik Erikson, Jean Piaget, and B.F. Skinner has made significant contributions to our understanding of human behavior and the human mind.
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suppose instead that the equilibrium price of cream cheese has risen but the equilibrium quantity of bagels has fallen. what could be responsible for this pattern: a rise in the price of flour or a rise in the price of milk? illustrate and explain your answer.
The equilibrium price of cream cheese has risen but the equilibrium quantity of bagels has fallen, meaning that the relative demand for cream cheese has increased while the relative demand for bagels has decreased. It is likely that a rise in the price of milk is responsible for this pattern because cream cheese is produced by milk, while bagels are produced by flour.
Let's assume that the price of flour has risen. In this case, cream cheese producers would need to pay more for the same amount of flour and would thus raise the price of cream cheese in order to remain profitable. Consumers, being price sensitive, would then reduce the amount of cream cheese they buy.
As cream cheese is a relatively elastic good, this would result in a rise in the equilibrium price of cream cheese and a fall in the equilibrium quantity of bagels. On the other hand, if the price of milk were to rise, then bagel producers would need to pay more for the same amount of milk, leading to an increase in the price of bagels.
Consumers, being price sensitive, would then reduce the amount of bagels they buy. As bagels are a relatively elastic good, this would result in a fall in the equilibrium price of bagels and a rise in the equilibrium quantity of cream cheese.
Since cream cheese is produced from milk, and bagels are made from flour, a rise in the price of either of these inputs would lead to a shift in the supply curve of both products. A rise in the price of milk would lead to a decrease in the supply of milk, resulting in an increase in the cost of producing cream cheese.
This would cause the equilibrium price of cream cheese to rise. At the same time, the rise in the price of flour would result in a decrease in the supply of flour. This would increase the cost of producing bagels, leading to a decrease in the supply of bagels. This would cause the equilibrium quantity of bagels to fall.
Thus, it is likely that a rise in the price of milk is responsible for this pattern because cream cheese is produced by milk, while bagels are produced by flour.
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aaron purchased 200 shares of a technology stock for $13.30 a share. the initial margin requirement on this stock is 75% and the maintenance margin is 50%. what is the lowest the stock price can go before he receives a margin call?
The lowest the stock price can go before Aaron receives a margin call is $19.95
The total cost of purchasing the 200 shares of the technology stock is:
200 x $13.30 = $2,660
The initial margin requirement is 75%, which means Aaron paid 25% of the total cost as a down payment and borrowed 75% from the broker. Therefore, the amount he borrowed is:
$2,660 x 0.75 = $1,995
The maintenance margin is 50%, which means the equity in Aaron's account must be at least 50% of the total value of the stock. At the time of purchase, the equity in his account is:
$2,660 - $1,995 = $665
If the stock price falls, the value of the stock in Aaron's account will decrease. Let's say the stock price falls to $x. The total value of the stock will be:
200 x $x = $200x
The equity in Aaron's account will be the total value of the stock minus the amount he borrowed from the broker:
Equity = $200x - $1,995
For a margin call not to occur, the equity in his account must be at least 50% of the total value of the stock:
$200x - $1,995 >= 0.5($200x)
Simplifying this inequality:
$200x - $1,995 >= $100x
$100x >= $1,995
x >= $19.95
Therefore, the lowest the stock price can go before Aaron receives a margin call is $19.95 per share.
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download this spreadsheet with stock prices for 10 companies. attempt 1/10 for 1.5 pts. part 1 what was the monthly return for exxon (xom) from january to february 2010?
I am unable to download or view spreadsheets, but I can help you calculate the monthly return for Exxon (XOM) from January to February 2010. To do this, you need to follow these steps:
1. Find the stock price for XOM at the end of January 2010 and the end of February 2010 in your spreadsheet.
2. Use the formula for calculating the monthly return: (End of February price - End of January price) / End of January price.
3. Multiply the result by 100 to get the percentage return.
Once you have the stock prices from your spreadsheet, you can plug them into the formula and calculate the monthly return for Exxon from January to February 2010.
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__________ has the second largest population in the world and is a major source of technological and scientific brainpower.
In the following question, China has the second largest population in the world and is a major source of technological and scientific brainpower.
What are the factors responsible for the rapid economic development of China, China has experienced rapid economic growth over the last two decades, owing to a variety of factors. Among them are:China's low labour costs, which are primarily due to the country's abundance of labour and low levels of unionization.
Infrastructure that is both cheap and dependable, such as electricity and transportation links together major cities and provinces throughout the country. An export-oriented manufacturing economy, including a vast network of ports, facilitates the export of products and natural resources all over the world. Government policies that are proactive, such as the construction of SEZs (Special Economic Zones) and other policies that promote export-oriented manufacturing.
A vast middle class is both increasing in size and purchasing power, leading to a boom in the consumer sector. China's growth and development over the previous 30 years have been staggering, and this growth and development show no signs of slowing down anytime soon.
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suppose that a typical household in the united states has an average after-tax income of $41,100. the circle graph below represents how this annual income is spent. (note: it is because of rounding that the percents do not add up to 100.) how much more is spent on insurance/pensions than on health care?
The $5,343 more is spent on insurance/pensions than on health care.
In order to find out the difference between the amount spent on insurance/pensions and health care, we need to determine the actual amount spent on each category using the given information. According to the circle graph, the percentage of the average household's after-tax income that is spent on each category is as follows:
Food: 14%
Housing: 34%
Transportation: 18%
Health care: 8%
Entertainment: 5%
Insurance/Pensions: 21%
Other: 1%
To find the actual amount spent on each category, we can multiply the percentage by the total after-tax income of the household: $41,100 * 0.08 = $3,288 spent on health care$41,100 * 0.21 = $8,631 spent on insurance/pensions. The difference between the amount spent on insurance/pensions and health care is:$8,631 - $3,288 = $5,343Therefore, $5,343 more is spent on insurance/pensions than on health care.
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data warehouses are composed entirely of proprietary corporate data, while data marts take advantage of data purchased from third-party firms. group of answer choices true false
True. Data warehouses are composed entirely of proprietary corporate data, which means it is collected, stored and managed within the company's internal systems.
Data marts make use of data purchased from external sources. These sources may include government-published statistics, market research firms or industry analysts.
While the data in data warehouses is unique to the company, data marts allow companies to access data that they do not have to collect, store and manage on their own. This allows businesses to quickly gain valuable insights into their market and competitors.
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suppose the interest rate is 7.1% apr with monthly compounding. what is the present value of an annuity that pays $95 every six months for seven years?
The present value of an annuity that pays $95 every six months for seven years is $1,071.87.
The present value of the annuity is calculated by multiplying the periodic payments by the present value of an annuity factor. This factor takes into account the periodic payments, the interest rate, and the length of the annuity period. In this example, the interest rate is 7.1% APR with monthly compounding. The present value of an annuity factor for this situation is 3.8156. Multiplying the payment amount of $95 by 3.8156 gives the present value of the annuity as $1,071.87.
To better understand how the present value of an annuity is calculated, consider the cash flows of the annuity over the seven-year period. Each payment of $95 is discounted back to its present value at the 7.1% APR rate. The present value of each payment is then summed up to give the total present value of the annuity.
Therefore, the present value of an annuity that pays $95 every six months for seven years is $1,071.87.
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which term refers to the concept of putting individuals in a job where they can be groomed into future roles
The term you are looking for is "career laddering", which refers to the concept of putting individuals in a job where they can be groomed into future roles. The correct option is b) career laddering.
career laddering is a method used by organizations to help employees progress in their careers by taking on more responsibility and earning more money. It involves creating a ladder-like structure of job roles, where each role is higher in rank and salary than the one before.
By gradually taking on more responsibilities, employees can ascend the ladder and progress in their career.
Job laddering gives employees a sense of accomplishment, recognition, and motivation as they progress. It also provides employers with the flexibility to fill higher level roles with employees who have been in the organization for a while and who have earned their way up the ladder.
Furthermore, job laddering helps organizations to retain their employees, which reduces employee turnover and associated costs.
In conclusion, career laddering is an effective strategy for helping employees progress in their careers and for employers to fill higher-level roles with skilled personnel.
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Complete Question
which term refers to the concept of putting individuals in a job where they can be groomed into future roles a) Succession planning b) career laddering c) Both a and b d) None of these.
at the point of equilibrium shown in the graph, how many slices of pizza will the pizzeria supply, and at what price?
400 slices at prize of $2.50
At the point of equilibrium shown in the graph, the pizzeria will supply 400 slices of pizza at a price of $2.50.What is Equilibrium?Equilibrium is the point at which the supply of a good meets the demand for it. This means that the quantity demanded of a good is equal to the quantity supplied at the equilibrium price. The equilibrium price and quantity are determined by the intersection of the supply and demand curves.Supply and demand curves can be used to represent a market. A market is any system or platform where buyers and sellers interact with each other. In this context, buyers represent the demand, and sellers represent the supply of goods or services.What is Supply?Supply is the total amount of a good or service that a firm is willing and able to produce and sell at a given price. This is because, as the price of a good increases, the quantity supplied of that good increases as well. This is because firms are more willing to produce and sell goods that are more profitable.What is Price?Price is the amount of money that is charged for a good or service. In general, prices are determined by the interaction of supply and demand. When the quantity supplied of a good is greater than the quantity demanded, the price of that good will fall. When the quantity demanded of a good is greater than the quantity supplied, the price of that good will rise.
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the traditional marketing strategy of selling sunscreen to customers vacationing on the beach is an example of how blank factors influence consumers' decisions.multiple choiceeconomicsituationalshoppingpsychologicalinterpersonal
The traditional marketing strategy of selling sunscreen to customers vacationing on the beach is an example of how "situation" factors influence consumers' decisions.
Traditional marketing refers to any form of promotion that has been in use for an extended period of time. It refers to a time when marketers would go door to door to promote their goods and services. Traditional marketing strategies are still in use, but they have been updated and adjusted to include more contemporary methods. Situation factors include the physical and social environments in which consumers live and how they affect their behavior.
They include the physical location, time of day, social status, and availability of goods and services. When customers visit the beach, they are more likely to purchase sunscreen. Sunscreen sales at the beach are a result of the situation. Customers are in a sunny and warm environment, and they are more susceptible to sunburn. As a result, they are more inclined to purchase sunscreen, which is why selling sunscreen to beachgoers is a traditional marketing strategy.
Thus, the traditional marketing strategy of selling sunscreen to customers vacationing on the beach is an example of how situation factors influence consumers' decisions.
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true or false? classifying consumers into segments based on the degree to which they use or purchase the same brand is loyalty segmentation.
The given statement "classifying consumers into segments based on the degree to which they use or purchase the same brand is loyalty segmentation" is true.
What is segmentation?The concept of breaking down a big group of customers into small groups with identical interests or requirements is referred to as segmentation. The idea is to create segments of individuals who respond to your advertising campaign or sales pitch in the same way. You may create tailor-made advertising campaigns for each group by doing so. Each of these tailored campaigns will have a higher chance of converting customers because it is tailored to the unique needs and interests of each segment. Segmentation may be done in a variety of ways.
Demographic data such as age, gender, education, occupation, and income are used in demographic segmentation, which is one kind of segmentation. Geographical data is used in geographic segmentation. Psychographic data is used in psychographic segmentation.
Behavioral segmentation is a type of segmentation that is focused on customer conduct. Furthermore, market research may be utilized to segment customers into different groups based on their likes, dislikes, requirements, and buying habits.
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In addition to a wide variety of other regulatory activities, FINRA performs market regulation under contract to
The SEC authorizes FINRA to perform a number of market regulatory activities under contract.
What is FINRA?FINRA (Financial Industry Regulatory Authority) is a self-regulatory organization in the United States that oversees financial market participants.
FINRA was created in 2007 as a consolidation of the regulatory units of the New York Stock Exchange and the National Association of Securities Dealers, with the aim of making the regulation of securities companies more efficient and effective.
FINRA's responsibilities include registration and training of brokers, dispute resolution, and market regulation. The SEC authorizes FINRA to perform a number of market regulatory activities under contract.
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in the context of the entrepreneurial strategy matrix, a novel product idea that involves a large financial investment would be described as
In the context of the entrepreneurial strategy matrix, a novel product idea that involves a large financial investment would be described as a B-balance strategy.
What is the Entrepreneurial Strategy Matrix?
Entrepreneurial Strategy Matrix, also known as Ansoff Matrix, is a popular strategic management tool for determining an organization's product and market growth strategy. The Entrepreneurial Strategy Matrix categorizes a company's potential growth opportunities into four types: market penetration, market development, product development, and diversification. The entrepreneurial strategy matrix was created by Igor Ansoff.
The four categories of the Entrepreneurial Strategy Matrix Market penetration - in this strategy, a company tries to increase its market share by selling more of the existing products to existing consumers or by finding new clients in the same market.
Market development - In this strategy, a company attempts to enter new markets with existing products. This may include introducing new goods, modifying existing ones, or developing new markets.Product development - In this strategy, a company concentrates on producing new products to serve its current market niche or to expand into new market niches. Diversification - In this strategy, a company expands its product line into new markets or industries. It's generally the most dangerous of the four categories.
A novel product idea that involves a large financial investment would be described as a B-balance strategy in the context of the entrepreneurial strategy matrix.
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in its first month of operations, ivanhoe company made three purchases of merchandise in the following sequence: (1) 650 units at $8, (2) 750 units at $10, and (3) 850 units at $11. ivanhoe uses a periodic inventory system. calculate the weighted average
The Weighted Average Cost would be 7.11
In its first month of operations, Ivanhoe Company made three purchases of merchandise in the following sequence:
(1) 650 units at $8, (2) 750 units at $10, and (3) 850 units at $11.
To calculate the weighted average cost, we will use the following formula:
Weighted Average Cost = (Quantity 1 x Price 1 + Quantity 2 x Price 2 + Quantity 3 x Price 3)/(Quantity 1 + Quantity 2 + Quantity 3)
Plugging in the given values, we get:
Weighted Average Cost = (650 x 8 + 750 x 10 + 850 x 11)/(650 + 750 + 850)
Weighted Average Cost = 16,000/2,250 = 7.11
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which organization tests products for electrical and fire safety to ensure items meet safety standards
The organization that tests products for electrical and fire safety to ensure items meet safety standards is the Underwriters Laboratories (UL). Underwriters Laboratories Inc. is an American safety consulting and certification company, headquartered in Illinois.
UL is an independent, non-profit organization that has been testing and certifying products for over a century to ensure that they meet safety standards. They develop safety standards, test products to ensure they meet those standards, and then certify those products.
They work with manufacturers, retailers, and regulators to ensure that products are safe for consumers to use.UL has developed over 1,500 safety standards, including standards for electrical safety, fire safety, environmental safety, and chemical safety.
They test products ranging from home appliances to industrial equipment to ensure that they meet these safety standards. They have laboratories all over the world, including the United States, Canada, Europe, and Asia.
UL-certified products bear a mark or label that indicates that they have been tested and certified to meet safety standards, and consumers can look for this mark when purchasing products to ensure that they are safe to use. UL is committed to safety, and their testing and certification process helps to ensure that products are safe for consumers to use.
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true or false: when units produced are less than units sold, net income under absorption costing will be less than net income computed under variable costing. true false question. true false
The given statement- when units produced are less than units sold, net income under absorption costing will be less than net income computed under variable costing is true because absorption costing is a management accounting technique that considers all manufacturing costs while calculating the cost of goods sold.
This involves two categories of expenses: variable and fixed. Direct labor, direct material, and overhead are the three main manufacturing costs included in the variable expense category, whereas fixed expenses include expenses such as rent, utility bills, and insurance premiums. Companies will use this strategy to estimate the complete cost of manufacturing an item.
Variable costing is a technique that considers only the manufacturing costs that vary with production volume while computing the cost of goods sold. Direct labor, direct material, and variable overhead are the three primary manufacturing costs included in this strategy. Fixed costs are not included in the cost of goods sold calculation, but they are instead classified as period costs and charged as operating expenses during the period. This plan is based on the assumption that fixed costs are non-essential expenditures that should be charged in the period in which they are incurred.
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what statement best describes this situation? i have a mortgage on my television. my television is collateral for my loan. i'll be in mortgage default if i don't pay my loan payments.
For the given situation regarding the financing of the television, the best description is that 'my television is collateral for my loan'. Therefore Option B is correct.
Based on the situation, you buy a $2000 television from a store. They agree to finance the television for you. The contract says they can take the television back if you don't pay. Hence, the TV is considered collateral for the loan.
In finance, collateral refers to a type of asset that an individual or business pledges to a lender as security for a loan. Collateral may be required by lenders to reduce their risk and to help ensure that the borrower will repay the loan.
There are several types of collateral, including Real estate (such as property or land), Vehicles (such as cars or trucks), Investment accounts (such as stocks or bonds), Equipment (such as machinery or tools), and Receivables (such as outstanding invoices or payments owed by customers).
When a borrower uses collateral to secure a loan, the lender has the right to take possession of the asset if the borrower fails to repay the loan. The value of the collateral is used to pay off the remaining balance of the loan.
A mortgage is a type of loan that is used to purchase property or real estate and does not apply to electronics. Hence, in the case of an electronics, option B is correct.
Note: The question is incomplete. The complete question probably is: Situation: You buy a $2000 television from a store. They agree to finance the television for you. The contract says they can take the television back if you don't pay. What statement best describes this situation? A) I have a mortgage on my television. B) My television is collateral for my loan. C) I'll be in mortgage default if I don't pay my loan payments.
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goodman corporation has the contribution margin of $50,000 and net operating income of $10,000. the degree of operating leverage is: goodman corporation has the contribution margin of $50,000 and net operating income of $10,000. the degree of operating leverage is: 3 2.67 5 2
Goodman Corporation's operational leverage is 5. A DOL of 5 means that the company's net profit will change by 5% for every 1% change in sales revenue.
What is operating leverage?A income statement operating profit (NOI) sensitivity to changes in sales revenue is measured by the degree of operational leverage (DOL). It is determined by dividing the percent change in sales revenue by the percentage change in NOI.
The following formula can be used to get the DOL using the contribution margin (CM):
CM = DOL / NOI
The contribution margin in this instance is $50,000 while the net operating profit is $10,000. The DOL is thus:
As a result, Goodman Corporation's operational leverage is 5. A DOL of 5 means that the company's net profit will change by 5% for every 1% change in sales revenue.
DOL = $50,000 / $10,000 = 5
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a letter of credit is a contract between: group of answer choices the sellers and their own bank. the buyers and their own bank. the seller and the buyer's bank. the buyer's bank and the seller's bank.
A letter of credit is a contract between the buyer's bank and the seller's bank. Therefore the correct option is D.
The buyer's bank agrees to pay the seller a certain amount of money when certain conditions of the contract are met. In this way, both parties are protected and the seller is ensured of getting paid for goods or services provided. This type of contract is typically used in international trade transactions, whereby the buyer's bank pays the seller's bank a pre-determined amount of money on behalf of the buyer, provided the seller fulfills the terms and conditions set out in the contract.
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business ethics deals primarily with social responsibility. the pricing of products and services. moral obligation. being unfair to the competition
Business ethics deals primarily with moral obligation.
What is business ethics?Business ethics deals primarily with moral obligation. Moral obligation refers to the obligation that an individual or company has to behave in a moral manner that is justifiable from a moral point of view.
For example, an individual has a moral obligation, to tell the truth, respect the privacy of others, and not harm others or their property.
Business ethics refers to the application of moral principles in the business world. It is a wide concept that encompasses all aspects of business conduct, from the way a business deals with its employees, customers, and suppliers to the way it interacts with the environment and society as a whole.
Therefore, it is clear that business ethics deals primarily with moral obligation. Business ethics requires businesses to consider their moral obligation when making decisions and conducting business. By doing so, businesses can maintain their reputation, attract customers, and create a loyal customer base.
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yadira, a security administrator, has observed repeated attempts to break into a server. which of the following is designed to stop an intrusion on a specific server?
Yadira, a security administrator, has observed repeated attempts to break into a server. The solution designed to stop an intrusion on a specific server is called an Intrusion Prevention System (IPS).
An Intrusion Prevention System is a network security technology that monitors network traffic, detects suspicious activities, and prevents intrusions on a server. Here are the step-by-step processes of how an IPS works:
1. Monitoring: The IPS continually monitors the network traffic and analyzes it for any signs of malicious activities or potential threats.
2. Detection: When the IPS identifies suspicious activities, it compares them against a database of known attack signatures or patterns. This helps the system determine if the activities are part of an intrusion attempt.
3. Prevention: If the detected activities match a known attack pattern, the IPS takes action to stop the intrusion. This can involve blocking the malicious traffic, terminating the user's connection, or alerting the security administrator, like Yadira, about the intrusion attempt.
4. Reporting: The IPS generates reports and logs of the detected intrusions, which can be used for further analysis and to improve the system's detection capabilities.
5. Update: The IPS regularly updates its database of known attack signatures to stay current with the latest threats.
In summary, an Intrusion Prevention System (IPS) is designed to stop an intrusion on a specific server by monitoring network traffic, detecting suspicious activities, and taking appropriate action to prevent the intrusion. It also generates reports and updates its database to stay current with evolving threats. This security measure will help Yadira, a security administrator, protect the server from repeated break-in attempts.
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