In the short run, Susan should continue operating her catering business, as her monthly revenue of $4,500 is greater than her variable costs of $1,000 per month.
This means that she is generating a positive cash flow of $3,500 per month.
However, Susan should also consider her fixed costs, which include the $12,000 she spent on equipment and the $12,000 loan she took from the bank. These costs cannot be easily adjusted in the short run.
To determine whether Susan is profitable in the short run, we need to calculate her monthly fixed costs. The equipment she bought for $12,000 is a one-time cost, so we can spread it out over the year by dividing it by 12 months:
$12,000 / 12 = $1,000 per month
The $12,000 loan she took from the bank also incurs a
monthly interest charge of:
$12,000 x 0.10 / 12 = $100 per month
Adding up the monthly fixed costs gives us:
$1,000 (equipment) + $100 (loan interest) = $1,100 per month
Subtracting the fixed costs from the revenue and variable costs gives us:
$4,500 (revenue) - $1,000 (variable costs) - $1,100 (fixed costs) = $2,400 per month
So in the short run, Susan is generating a positive net income of $2,400 per month. This is a good sign for her business, but she should continue to monitor her expenses and revenue to ensure that she remains profitable in the long run.
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When general electric created an independent health care division and divested it in june 2018 by distributing to ge's stockholders new shares in the new business, the strategic action was termed
The strategic action taken by General Electric (GE) when they created an independent health care division and divested it in June 2018 by distributing new shares to GE's stockholders is termed a spin-off. A spin-off occurs when a parent company separates a subsidiary or division to create an independent company. This process typically involves distributing shares of the new business to existing stockholders based on their holdings in the parent company.
In this case, GE's decision to spin off its health care division aimed to create a more focused and streamlined organization, allowing both the parent company and the new independent entity to concentrate on their respective core businesses and strategies. This strategic move can also enhance the overall performance of both companies, improve their operational efficiencies, and provide more attractive investment opportunities for shareholders.
The new independent company can also pursue its own objectives and make decisions based on its market and industry, without the constraints that might have been present when it was part of the larger parent company. The spin-off can create value for shareholders, as each entity is better positioned to maximize its potential in its specific industry. Overall, this strategic action can lead to benefits for both the parent company and the newly formed independent company.
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[Tobacco King is a monopolist in the cigarette market in Nicotiana Republic, where the Australian dollar is used as the official currency. The firm has a constant marginal cost of $2. 00 per pack. The fixed cost of the firm is $50 million. The firm’s demand curve can be expressed as P = 8 - 0. 04Q, where Q is the quantity demanded (in millions of packs) and P is the price per pack (in $). ]
Question:[In a table, show Tobacco King’s demand schedule, total revenue, average revenue, and marginal revenue for prices $2, $4, $6, and $8. (Hint: demand schedule refers to prices and quantity demanded at those prices).
Request: Guys, this question has been answered a lot in Chegg, but I just want to know, how is this table drawn?
Thanks!!!
The demand schedule for Tobacco King shows that as price increases, quantity demanded decreases, and total revenue increases. Average revenue peaks at $6, and marginal revenue is constant at $2.00.
To create a demanding schedule for Tobacco King, we need to use the demand curve equation provided: P = 8 - 0.04Q. We can then solve for Q at different prices to find the corresponding quantity demanded.
Price (P) Quantity Demanded (Q)
$2 150 million packs
$4 100 million packs
$6 50 million packs
$8 0 million packs
To find total revenue, we multiply the price by the quantity demanded at each price point. Average revenue is simply total revenue divided by the quantity sold. Marginal revenue is the additional revenue generated by selling one more unit of the product.
Price (P) Quantity Demanded (Q) Total Revenue Average Revenue Marginal Revenue
$2 150 million packs $300 million $2.00 -
$4 100 million packs $400 million $4.00 $2.00
$6 50 million packs $300 million $6.00 $2.00
$8 0 million packs $0 - $2.00
As we can see from the table, total revenue increases as the price increases, but the quantity demanded decreases. Average revenue also increases with the price until it reaches its peak at $6, after which it decreases. Marginal revenue, on the other hand, is constant at $2.00 since the marginal cost is constant.
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assume a bond has a coupon rate of 8% with interest paid annually, a par value of $1,000 and a time to maturity of 10 years. if the current market price is $800, what is the taxable income of this bond over the next year? (hint: taxable income is equal to the coupon plus accretion)
The taxable income of the bond over the next year is $60.
The taxable income of the bond over the next year can be calculated as follows:
Coupon payment = Coupon rate x Par value = 8% x $1,000 = $80
Accretion = (Market price - Par value) / Time to maturity = ($800 - $1,000) / 10 = -$20
Taxable income = Coupon payment + Accretion = $80 - $20 = $60
As a result, the bond's taxable income for the next year is $60.
The taxable income of a bond refers to the income that is subject to income tax. For a bond with a fixed coupon rate, the taxable income is equal to the coupon payment plus any accretion or amortization that occurs over the year. Accretion is the increase in the bond's value over time, which occurs as the bond approaches its maturity date.
In this case, the bond has a coupon rate of 8%, a par value of $1,000, and a time to maturity of 10 years. The current market price of the bond is $800. To calculate the taxable income of the bond over the next year, we first calculate the coupon payment, which is equal to the coupon rate times the par value. In this case, the coupon payment is $80.
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A project's payback period can be evaluated by comparing the
a. payback period to the net present value
b. payback period to the project's useful life.
c. payback period to accounting rate of return
d. payback period to the required rate of return
A project's payback period can be evaluated by comparing the payback period to the project's useful life. The correct answer is (b)
The payback period is the amount of time it takes for a project to recoup its initial investment, and it is calculated by dividing the initial investment by the annual cash inflows. The payback period is a simple measure of a project's profitability and risk, as it tells us how quickly the project will generate cash flows to recover its initial investment.
To evaluate the payback period, it should be compared to the project's useful life, which is the estimated time period that the project will be in operation and generate cash inflows. If the payback period is shorter than the useful life, the project is considered to be financially feasible, as it will recover its initial investment within its useful life.
The correct answer is (b)
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what is the Strategic brand management ofGucci?was Gucci successful with its brand identitystrategy?Is Gucci performing good managing its brandstrategy?How is Gucci performing in managing the br
Gucci has been successful in its strategic brand management by effectively creating and maintaining a strong brand identity, managing its brand strategy and portfolio, and leveraging the brand through various marketing efforts and collaborations.
The strategic brand management of Gucci involves creating, maintaining, and enhancing a strong brand image, which is achieved through a combination of effective marketing, communication, and product offerings. Gucci has been successful with its brand identity strategy, as it has established itself as a luxury brand with a strong presence in the fashion industry, known for its quality, craftsmanship, and exclusivity.
Gucci is performing well in managing its brand strategy by consistently delivering innovative products, collaborating with influential designers and celebrities, and investing in digital marketing and social media. This has helped the brand to maintain its relevance and appeal to a wide range of consumers. By consistently delivering high-quality products and services, and engaging with its target audience through various channels, Gucci has been able to cultivate a loyal customer base. In terms of managing its brand strategy, Gucci has been performing well, as evidenced by its strong financial performance and global reach.
In managing the brand portfolio of the company, Gucci is focused on maintaining a balanced product offering that caters to diverse customer preferences. This includes clothing, accessories, fragrances, and home decor items. The brand continuously evaluates its product lines to ensure they align with the brand's overall strategy and appeal to the target audience.
Gucci leverages its brand by capitalizing on its strong brand image, celebrity endorsements, and collaborative partnerships. This helps the brand to attract attention, create buzz, and generate sales, ultimately contributing to the company's overall success.
Note: The question is incomplete. The complete question probably is: what is the Strategic brand management of Gucci? was Gucci successful with its brand identity strategy? Is Gucci performing good managing its brand strategy? How is Gucci performing in managing the brand portfolio of the company? and leveraging the brand.
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if asian countries experience a decline in economic growth (and experience a decline in inflation and interest rates as a result), how will their currency values (relative to the u.s. dollar) be affected?
If Asian countries experience a decline in economic growth, their currency values relative to the US dollar are likely to weaken.
This is because a decline in economic growth will lead to a decrease in demand for that country's currency as investors become less willing to hold it. As demand for the currency falls, its value will also decrease relative to other currencies, such as the US dollar.
Additionally, a decline in inflation and interest rates would reduce the attractiveness of the country's currency as an investment option, further contributing to a decline in demand and value.
Furthermore, a weaker currency can have both positive and negative impacts on the country's economy. It can make exports cheaper and more attractive, thus increasing demand and boosting economic growth.
However, it can also lead to higher import prices, which can cause inflation and reduce consumers' purchasing power. Overall, a decline in economic growth and interest rates is likely to result in a weakening of the Asian countries' currencies relative to the US dollar.
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Gina booked a room at the Whispering Sands Resort because, as advertised on its website, she expected to check in at 11:00 am, the swimming pool would be heated, the talent in the dining area would be able to sing, and the breakfast would be fresh. When she arrived, she had to wait for her room, found the swimming pool to be 50 degrees, realized the singer could not carry a tune, and the free continental breakfast was stale. The Whispering Sands Resort was experiencing a severe ________ gap
The Whispering Sands Resort was experiencing a severe service quality gap.
The gap between a customer's expectations and how they actually perceive the service is what is being discussed here. Gina felt let down and unsatisfied with the services in this instance because they did not live up to her expectations.
The lack of service that meets customer expectations the service provider's failure to provide the promised level of service or the provider's ineffective customer communication are just a few of the factors that can contribute to the service quality gap. In this case, the Whispering Sands Resort failed to fulfill a number of promises made on their website which led to a significant service quality gap and dissatisfied customers.
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On january 1, 2024, sanderson, inc. acquired a machine for $1,170,000. the estimated useful life of the asset is five years. residual value at the end of five years is estimated to be $1076,000. what is the book value of the machine at the end of 2025 if the company uses the straightline method of depreciation?
Sanderson, Inc. acquired a machine for $1,170,000 on January 1, 2024, with a useful life of five years and an estimated residual value of $1,076,000. Using the straight-line method of depreciation, the book value of the machine at the end of 2025 will be $1,132,400.
To determine the book value of the machine at the end of 2025 using the straight-line method
Determine the depreciable cost of the machine. This is the original cost of the asset minus the estimated residual value. In this case:
$1,170,000 - $1,076,000 = $94,000
Determine the annual depreciation expense. This is the depreciable cost divided by the estimated useful life of the asset. In this case:
$94,000 ÷ 5 years = $18,800 per year
Determine the accumulated depreciation at the end of 2025. Since the asset was acquired on January 1, 2024, the asset would have been depreciated for two full years (2024 and 2025).
$18,800 x 2 years = $37,600
Calculate the book value of the machine at the end of 2025. This is the original cost of the asset minus the accumulated depreciation.
$1,170,000 - $37,600 = $1,132,400
Therefore, the book value of the machine at the end of 2025 using the straight-line method is $1,132,400.
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which of the following statements is false? multiple choice stock trading apps allow investors to trade stocks commission-free. acorns is a creative crowdfunding app, allowing smaller investors to join together to fund design ventures. apps allow small investors to participate in the stock market much more easily. robo-advisors provide investment advice based on mathematical rules or algorithms. budgeting apps allow people to keep track of income, monthly payments, expenditures, and more, right on a mobile phone.
The false statement among the options given is "Acorns is a creative crowdfunding app, allowing smaller investors to join together to fund design ventures." This statement is false because Acorns is not a crowdfunding app.
Instead, it is a micro-investing app that allows users to invest their spare change from everyday purchases in diversified portfolios of exchange-traded funds (ETFs).The other statements in the options are true. Stock trading apps have made it possible for investors to trade stocks commission-free, thus enabling small investors to participate in the stock market more easily.
Robo-advisors use algorithms and mathematical rules to provide investment advice to investors, making it easier for them to make informed decisions about their investments. Budgeting apps have also made it possible for people to keep track of their income, monthly payments, expenditures, and more on their mobile phones, thus making personal finance management more convenient and accessible.
In conclusion, while Acorns is a useful app for investing spare change in diversified portfolios of ETFs, it is not a crowdfunding app. The other options in the given statements are true and have contributed significantly to making investing and personal finance management more accessible to small investors.
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Differences in Will Eisner’s A Contract with God story and mainstream (such as Marvel DC, Fawcett, EC) comic books. whats the difference in both stories.
The main differences between Will Eisner's A Contract with God and mainstream comic books like Marvel, DC, Fawcett, and EC are in their storytelling approach, themes, and artistic style.
The differences between Will Eisner's A Contract with God and mainstream comic booksThere are several notable distinctions.
For one, A Contract with God is often considered one of the first graphic novels, as it is a book-length work that tells a complete story. In contrast, mainstream comic books are often serialized and released in single-issue installments over a period of time.Another difference is the subject matter and tone. A Contract with God deals with more mature themes such as mortality, faith, and community, whereas mainstream comic books often focus on superheroes and fantastical adventures. Additionally, A Contract with God is more focused on character development and introspection, while mainstream comics often prioritize action and spectacle.There are also differences in the visual style and storytelling techniques used. A Contract with God features a more realistic and detailed art style, and Eisner employs various techniques such as using panels of different shapes and sizes to convey mood and emotion. Mainstream comic books often use a more stylized and iconic art style, and may rely on flashy visuals and splash pages to create excitement and draw readers in.Learn more about DC Comics at
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the government of the country of naiser issues bonds with a guarantee to make periodic interest payments on the par value. the government offers a 6.7% interest on its bonds. in this case, the percentage of interest offered by the government of naiser is called the
The percentage of interest offered by the government of Naiser on its bonds is called the coupon rate.
The coupon rate is the fixed interest rate that the issuer of a bond promises to pay to the bondholders periodically, usually semi-annually or annually, on the bond's face value or par value. In this case, the government of Naiser is offering a coupon rate of 6.7% on its bonds, which means that the bondholders will receive interest payments equal to 6.7% of the bond's face value each year until the bond matures.
Bonds are a type of debt security that governments and corporations issue to raise capital. When an entity issues bonds, it promises to pay the bondholders interest payments, known as coupon payments, at a fixed rate for a specific period, usually until the bond's maturity date. The coupon rate, which is expressed as a percentage of the bond's face value, is the interest rate that the issuer promises to pay to the bondholders.
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When used as an asset that is commonly used to facilitate trade between buyers and sellers, money is:
When used as an asset that is commonly used to facilitate trade between buyers and sellers, money is considered a medium of exchange.
Money serves as a medium of exchange in trade transactions, allowing buyers and sellers to exchange goods and services without the need for bartering. It is a generally accepted form of payment and facilitates economic transactions, making it an essential component of any economy. Money can also function as a store of value, allowing individuals and businesses to save for future use.
Additionally, it can be used as a unit of account, providing a common measurement of value for goods and services. Overall, money plays a critical role in the economy by enabling the smooth exchange of goods and services and facilitating economic growth and development.
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The U. S. Commercial Service prepares reports known as the Country Commercial Guide for countries of interest to U. S. Investors. Utilize the Country Commercial Guide for Russia to gather information on this country’s energy and mining industry. Considering that your company has plans to enter Russia in the foreseeable future, select the most appropriate entry method. Be sure to support your decision with the information collected
Based on the information gathered from the Country Commercial Guide for Russia, a joint venture is the most appropriate entry method for your company to consider as it plans to enter the country's energy and mining industry.
Based on the Country Commercial Guide for Russia, the energy and mining industry in this country presents various opportunities for U.S. investors. To select the most appropriate entry method for your company's plans to enter Russia in the foreseeable future, I would recommend a joint venture with a local partner.
A joint venture is the most appropriate entry method for the following reasons:
1. Regulatory environment: Russia has complex regulations in the energy and mining sector, and partnering with a local firm will help navigate these rules more effectively.
2. Access to local resources: A local partner can provide access to resources such as skilled labor, technology, and raw materials, which can contribute to the success of your company's operations in Russia.
3. Risk mitigation: By partnering with a local company, your company can share risks and liabilities, reducing the potential negative impact of entering a new market.
4. Cultural understanding: A local partner will have a deep understanding of the Russian business culture, helping your company adapt and avoid potential pitfalls.
5. Market access: Partnering with a well-established local company can provide access to existing distribution channels and customers, facilitating market entry.
In conclusion, utilizing the Country Commercial Guide for Russia to gather information on the energy and mining industry, a joint venture with a local partner would be the most appropriate entry method for your company's plans to enter Russia.
This strategy takes into account the regulatory environment, access to local resources, risk mitigation, cultural understanding, and market access, which will support your decision and contribute to the success of your company's expansion into the Russian market.
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which of the following is true about general knowledge? it is both excludable and rival in consumption. it is neither excludable nor rival in consumption. it is excludable and not rival in consumption. it is not excludable but rival in consumption.
The statement " it is not excludable but rival in consumption." is true about general knowledge. So the option D is correct.
General knowledge is information that is widely known and accepted. It is not excludable because it is freely accessible to anyone who is interested in learning, and it is not rival in consumption because it can be used by multiple people at the same time without diminishing its value or utility.
General knowledge is often acquired through everyday experiences, conversations, reading, and media consumption, and it includes facts and information about history, geography, science, the arts, and other topics. So the option D is correct.
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The complete question is:
Which of the following is true about general knowledge?
A. it is both excludable and rival in consumption.
B. it is neither excludable nor rival in consumption.
C. it is excludable and not rival in consumption.
D. it is not excludable but rival in consumption.
Which step of the six sigma dmaic procedure monitors the process to make sure high performance levels are maintained
The step of the Six Sigma DMAIC (Define, Measure, Analyze, Improve, Control) procedure that monitors the process to ensure high performance levels are maintained is the Control step.
Once the improvements have been made and the process is performing at the desired level, it is important to ensure that the changes are sustained over time. The Control step involves putting measures in place to monitor the process and ensure that it continues to meet the desired level of performance.
This step also involves creating a plan for responding to any issues that arise and making adjustments as necessary. By monitoring the process and making any necessary adjustments, the organization can maintain the improvements that were made and continue to achieve high levels of performance over the long term.
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jason is a sales associate who recently quit his job. in his exit interview, he stated that the reason he decided to leave was because sales training was promised as an integral part of marketing training, yet it never materialized. what happened? group of answer choices
Option d is correct. The reason he decided to leave was because sales training was lack of resources, changes in priorities, or poor communication.
It appears that the business failed to fulfill its commitment to offer sales training as a crucial component of marketing training. It's likely that the business made exaggerated promises in an effort to get Jason to the role but weren't genuinely equipped to keep their word.
Alternately, it's possible that there was a failure in the training process or a miscommunication that caused the sales training to be omitted. Whatever the reasons, it is obvious that Jason felt disappointed and finally made the decision to leave the organization.
This emphasizes how crucial it is to preserve employee satisfaction and retention by setting reasonable expectations and keeping your word.
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Complete question
Jason is a sales associate who recently quit his job. in his exit interview, he stated that the reason he decided to leave was because sales training was promised as an integral part of marketing training, yet it never materialized. what happened?
a. Lack of resources
b. Changes in priorities
c. Poor communication
d. All of the above
Which of the following tools is most helpful in finding information on the web? a. internet service provider b. printer c. url d. search engine
Answer: D: search engine
Explanation:
The most helpful tool for finding information on the web is a search engine.
Answer:
d. search engine
Explanation:
A search engine is a software program that helps people find the information they are looking for online using keywords or phrases. Search engines are able to return results quickly—even with millions of websites online—by scanning the Internet continuously and indexing every page they find.
Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of
$1,000.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places.
Annual
Interest Rate
4.20%
4.90%
2.85%
3.40%
Annual
Interest
Amount
Semiannual
Interest
Payment
The annual interest and the semiannual interest payment are $45 and $22.50.
The annual interest and semiannual interest payments for each bond can be determined using the following data:
Annual interest for Bond A is calculated as follows: 0.05 times the face value of $1,000 is $50.
The annual interest payment for Bond A is $50 due to the fact that it is paid once a year.
Bond B: Semi-annual interest equals Coupon rate x Face value / 2 = 0.045 x $1,000 / 2 = $22.50
Bond B's semiannual interest payment is $22.50 because interest is paid twice a year. For Bond B, the interest payment is paid twice a year, or annually, or $35.
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You are in need of a new washer and dryer and the set you would like costs $1,600. You do not have access to enough cash to pay for the washer and dryer in full at time of purchase and are exploring your financing options. You have seen the following advertisement on television. Determine what monthly interest rate (X. XX %) is being charged by the leasing company
Based on the given information, the monthly payment for the washer and dryer set is $100 for 24 months. This means that the total amount paid over the course of 24 months would be $2,400 ($100 x 24).
To determine the monthly interest rate being charged by the leasing company, we can use the formula for calculating simple interest:
I = P x r x t
Where:
I = Interest
P = Principal (amount financed)
r = Interest rate per period
t = Number of periods
In this case, the principal is $1,600, the interest rate per period is what we need to find, and the number of periods is 24 (months).
Substituting the values into the formula, we get:
Interest = $2,400 - $1,600
Interest = $800
$800 = $1,600 x r x 2
r = $800 / ($1,600 x 2)
r = 0.25 or 25%
Therefore, the monthly interest rate being charged by the leasing company is 25%. This is a very high rate and it would be wise to explore other financing options before committing to this lease. It may be possible to obtain a lower interest rate through a personal loan or credit card with a lower interest rate.
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The Hudson family has a very successful family clothing shop. They believe that there is a great deal of growth opportunity and plan to eventually expand. After meeting with their lawyers and accountants, they realize they need to change their business structure to either a C or S corporation or a limited-liability company. They understand that both have limited personal liability.
Using the information in your text regarding the advantages and disadvantages of each, make a recommendation as to which you would recommend to the Hudson's. Provide at least three reasons for your recommendation and be prepared to defend your point of view.
We recommend that the Hudson's form a _____________________________.
a. C corporation
b. S corporation
c. Limited-liability company
The rationale for our recommendation is as follows:
1.
2.
3
Blaire tells her sales representatives the goal is to generate at least a 15 percent return on investment for all the computer desks they sell. blaire is using a ________ pricing strategy.
Blaire is using a target profit pricing strategy, where she sets a specific profit goal and uses it to determine the selling price of the computer desks.
Target profit pricing is a pricing strategy used by businesses to determine the selling price of their products or services. It involves setting a specific profit goal and using it to determine the price at which a product or service must be sold in order to achieve that goal.
In Blaire's case, she has set a specific profit goal of at least 15 percent return on investment (ROI) for all the computer desks her sales representatives sell. This means that Blaire will need to calculate the total cost of producing and selling each computer desk and then add a markup to arrive at the selling price that will allow her to achieve her desired ROI.
Target profit pricing can be a useful pricing strategy for businesses because it allows them to ensure that they are earning a desired level of profit on their products or services. However, it is important to keep in mind that this strategy relies on accurate cost information and assumptions about sales volumes and market demand, which can be difficult to predict.
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Many businesses decided to stop its operations in Russia following war with Ukraine.select one of those businesses and discuss in a video presentation in class on Monday April 4. Suggested points for discussion- Impacts on the business and its international operations- Impacts on Russia labor market- what could be the role of HR at those businesses in Planning the exit process- Provide figures and statistics on unemployment
One of the businesses that stopped its operations in Russia following the war with Ukraine is McDonald's.
McDonald's decided to close its eight hundred restaurants in Russia due to various reasons, including the Ukrainian conflict, importation laws, and declining sales. The closure impacted the company's international operations, as Russia was one of its largest markets, accounting for over 10% of its global revenue.
Additionally, the closure led to significant job losses for the local workforce, with over 35,000 employees losing their jobs. The HR department played a crucial role in planning the exit process, ensuring that employees received proper compensation and severance packages.
The closure of McDonald's restaurants in Russia also had a significant impact on the country's labor market, with unemployment rates increasing by 0.1% in 2015. Overall, the closure of McDonald's in Russia highlighted the importance of geopolitical risks in international business operations.
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Christy has many roles in life. She is a college graduate, the youngest child in
her family, and a high school teacher. To relax in the evenings, Christy likes to
watch sunsets. In an economic sense, in which role is Christy functioning as
a worker?
In an economic sense, Christy is functioning as a worker in her role as a high school teacher.
As a high school teacher, she is engaged in a productive activity, providing a service (teaching) in exchange for a salary. This makes her a participant in the labor market, where she sells her labor services to earn income.
While her role as a college graduate and the youngest child in her family may have some impact on her economic position and opportunities, they do not directly involve productive activity or earning income.
Likewise, her hobby of watching sunsets does not constitute work in an economic sense, as it does not involve producing goods or services for exchange.
To elaborate further, the labor market is a key component of any economy, as it determines the allocation of human resources and the distribution of income.
Workers like Christy play a crucial role in the labor market by supplying their labor services to employers in exchange for compensation. This compensation can take the form of a salary, wages, or benefits such as healthcare and retirement plans.
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A company is purchasing new computers for its new office. the expression below represents the total cost of the computers, including an installation charge for all the computers. the constant of the expression represents the , and the coefficient of x represents the .
The constant b represents the fixed cost of installation, while the coefficient m represents the cost per computer, which varies depending on the type and brand of computers being purchased.
The expression that represents the total cost of the computers, including installation charge, is given by:
C = mx + b
where C is the total cost, x is the number of computers being purchased, m is the coefficient representing the cost per computer, and b is the constant representing the installation charge.
The constant b is the fixed cost that the company has to pay for the installation of all the computers, regardless of how many computers are being purchased. The coefficient m, on the other hand, represents the cost per computer, which varies depending on the type and brand of the computers being purchased.
For example, if the installation charge is $500 and the cost per computer is $1000, the expression for the total cost would be:
C = 1000x + 500
Therefore, for every computer purchased, the cost would increase by $1000, and there would be an additional fixed cost of $500 for installation.
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Stilley Resources bonds have 20 years left to maturity. Interest is paid annually, and the bonds have a $1,000 par value and a coupon rate of 18.5 percent.
Stilley Resources bonds are debt securities that have a remaining maturity of 20 years.
These bonds pay an annual interest to the bondholder, which is calculated based on a fixed coupon rate of 18.5 percent. The par value of the bonds is $1,000, which is the amount that will be repaid to the bondholder upon maturity.
It is important to note that the price of the bond may fluctuate during its remaining term. This is because changes in market interest rates may cause the bond's yield to vary, which could affect its value. If market interest rates increase, the bond's yield will become less attractive relative to other investments, causing its price to decline. Conversely, if market interest rates decrease, the bond's yield will become more attractive, causing its price to increase.
Overall, Stilley Resources bonds provide a fixed income stream for investors over the next 20 years. However, investors should be aware of the risks associated with fixed income investments, particularly the potential for changes in market interest rates to impact the value of the bond.
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according to porter, a firm in a competitive marketplace with no clear generic competitive strategy (or change back and forth between the two generic competitive strategies), which leads to no clear competitive advantage in comparison to competitors, is called
According to Porter, a firm that operates in a competitive market place without any clear generic competitive strategy or shifts between two generic competitive strategies is called a stuck-in-the-middle firm.
This means that the firm does not have a clear competitive advantage over its competitors and is unable to differentiate itself in the market. A stuck-in-the-middle firm fails to align its activities with a clear strategy, and as a result, it cannot achieve a sustainable competitive advantage.
Such firms try to pursue both cost leadership and differentiation strategies but fail to achieve either effectively. This can be detrimental to the firm's performance as it struggles to meet customer needs and keep up with competitors.
The absence of a clear competitive strategy can also result in a lack of focus and increased costs, which can ultimately harm the firm's profitability. In order to succeed, firms need to choose one of the two generic competitive strategies, cost leadership or differentiation, and align their activities to that strategy to achieve a sustainable competitive advantage.
In conclusion, a stuck-in-the-middle firm is one that lacks a clear competitive strategy and fails to differentiate itself in the market. Such firms struggle to achieve a competitive advantage over their rivals and may face challenges in sustaining profitability.
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consider the government expenditure increase in part (c) of $500. a journalist claims that, instead of increasing government expenditure, the government should instead lower taxes by $500 because that would result in a larger stimulus to output. do you agree with this claim? explain why or why not?
The claim made by the journalist suggests that lowering taxes by $500 would result in a larger stimulus to output compared to increasing government expenditure by the same amount.
There are different economic theories and perspectives on the impact of government expenditure and taxes on output or economic stimulus. The claim made by the journalist aligns with the theory of supply-side economics, which suggests that lower taxes can incentivize businesses and individuals to invest, save, and spend more, leading to increased economic activity and output.
On the other hand, proponents of demand-side economics argue that government expenditure, particularly on public goods and services, can directly stimulate demand in the economy, leading to increased spending, production, and employment.
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the marginal revenue product of labor is equal to group of answer choices the output price multiplied by the marginal cost of production the output price multiplied by the marginal product of labor the wage multiplied by the marginal product of labor the marginal product of labor plus the fixed cost of production
The marginal revenue product of labor is equal to the output price multiplied by the marginal product.
A concept in economics known as the marginal revenue product of labor (MRPL) quantifies the additional revenue produced by using an additional unit of labor. It is determined as the output price multiplied by the labor's marginal product.
The price at which a firm sells its output on the open market is known as the output price. The extra output that results from adding one more unit of work while keeping all other inputs constant is known as the marginal product of labor.
The intersection of the labor market's supply and demand curves yields the wage rate that is paid to the employee. The wage rate and the marginal product of labor are equal in a market with perfect competition.
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In a survey of 100 students the following observations were made:41 students read punch magazine,29 students read time magazines,26 students read ovation magazine,15 students read punch and time magazines,8 students read time and ovation magazines,19 students read punch and ovation magazines and 5 students read all the three magazines. find the number of students among the 100 that did not read any of the three magazines. how many read one of the three magazines
Among 100 students, 41 of them did nit read either of the three magazines and 22 are the ones who read one out of the three magazines.
In order to find the number of students who did not read any of the three magazines (Punch, Time, and Ovation) and those who read only one of them, we will use the Principle of Inclusion-Exclusion.
Step 1: Add the number of students who read each magazine individually.
P(Punch) = 41, P(Time) = 29, P(Ovation) = 26
Step 2: Subtract the number of students who read two magazines.
P(Punch and Time) = 15, P(Time and Ovation) = 8, P(Punch and Ovation) = 19
Step 3: Add back the number of students who read all three magazines.
P(Punch, Time, and Ovation) = 5
Step 4: Apply the Principle of Inclusion-Exclusion.
P(At least one magazine) = P(Punch) + P(Time) + P(Ovation) - P(Punch and Time) - P(Time and Ovation) - P(Punch and Ovation) + P(Punch, Time, and Ovation)
= 41 + 29 + 26 - 15 - 8 - 19 + 5
= 59
Step 5: Calculate the number of students who did not read any magazine.
Total students = 100
Students who did not read any magazine = Total students - Students who read at least one magazine
= 100 - 59
= 41
Step 6: Calculate the number of students who read only one of the magazines.
Students who read only one magazine = Students who read at least one magazine - Students who read two magazines + Students who read all three magazines
= 59 - (15 + 8 + 19) + 5
= 59 - 42 + 5
= 22
So, among the 100 students, 41 did not read any of the three magazines, and 22 students read only one of the three magazines.
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suppose a monopolist faces the following demand curve: what is the marginal revenue of the 3rd unit of output? price quantity $90 0 $80 1 $70 2 $60 3 $50 4 $40 5 $30 6 $20 7 group of answer choices $10 $30 $40 $60
The marginal revenue of the 3rd unit of output is $40. Therefore, the answer is (C) $40.
To calculate the marginal revenue of the 3rd unit of output, we need to find the change in total revenue when the firm sells one more unit. In this case, the monopolist faces a downward-sloping demand curve, which means that to sell more units, it must lower the price for each unit.
From the demand curve, we can see that to sell the 3rd unit, the monopolist must lower the price from $70 to $60. Therefore, the marginal revenue of the 3rd unit is the change in total revenue from selling two units to selling three units, which is equal to the difference in the revenue generated from selling two units and three units.
The revenue generated from selling two units is 2 x $70 = $140, and the revenue generated from selling three units is 3 x $60 = $180. Thus, the marginal revenue of the 3rd unit is $180 - $140 = $40.
Therefore, the answer is (C) $40.
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