Delegation or delegation of authority is the process of assigning managerial authority and responsibility to lower-level managers and employees.
Delegation of authority, or delegation in short, is the division of labor and responsibility to someone that reports to a leader or manager. It is the organizational way for a manager to divide their own work among all their people. There are three central elements in a delegation of authority:
Authority, which is the power and right to use and allocate resources.Responsibility, which is the scope to complete the task they're assigned for.Accountability, which is being answerable for the end result.Learn more about delegation of authority https://brainly.com/question/28620005
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Donald Trump wanted to pull us out of the WTO because he thought China was cheating. Would you stay in or leave?
Answer: I hate Trump and would make him eat tortilla chip vertically :/
Explanation:
Write a 6 pages paper demonstrating your expertise in crisis management and communication, and to apply this expertise to a real-world organization. You'll engage in risk assessment, stakeholder analysis, and media analysis to develop an actual crisis communication plan for the organization.
Crisis management and communication involve risk assessment, stakeholder analysis, and media analysis to develop a crisis communication plan for an organization. This plan addresses potential crises and outlines strategies for effective communication during times of crisis.
Crisis management and communication are essential for organizations to effectively navigate and mitigate the impact of crises. This paper aims to demonstrate expertise in these areas by developing a crisis communication plan for a real-world organization. The plan will involve conducting a risk assessment to identify potential crises, analyzing stakeholders to understand their concerns and communication needs, and assessing the media landscape to devise appropriate communication strategies.
The paper will outline a step-by-step approach to crisis management, including crisis preparedness, response, and recovery. It will provide guidelines for crisis communication, such as establishing a crisis management team, developing key messages, and selecting appropriate communication channels.
The plan will also emphasize the importance of transparency, empathy, and timely communication to maintain trust and credibility during a crisis. By applying expertise in crisis management and communication, the paper aims to provide a comprehensive crisis communication plan that can be implemented by the organization to effectively handle and communicate during times of crisis.
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Marginal product of labor is the extra output produced by one more unit of Labor. True False
Consumer surplus is highest for the first units consumed. True False
True. The marginal product of labor measures the additional output that is produced when one additional unit of labor is added while keeping other inputs constant.
False. Consumer surplus refers to the difference between the maximum price a consumer is willing to pay for a good or service and the actual price they pay. It represents the consumer's perceived value or benefit from consuming the good or service. Consumer surplus can be highest for the first units consumed, but it can also increase or decrease depending on various factors such as price changes, preferences, and individual demand curves. Therefore, it is not always true that consumer surplus is highest for the first units consumed.
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
What is the organizational structure for an supermarket?
Answer:
An array of repeat customers grouped in various local areas, A chain of retail stores, various transportation systems, A set of warehouse distribution centers, and An array of product suppliers under contract.
Explanation: In carrying out its function, a supermarket business acquires and assembles a wide assortment of goods from individual suppliers, then organizes and distributes them as-needed to a chain of retail stores for sale to local customers.
A cash flow statement can help you develop and determine budget categories.
a. True
O b. False
Novice entrepreneurs focus on others in their network with whom
to develop the venture.
False
True
False. Novice entrepreneurs often focus on developing their venture and building their own network rather than relying solely on others in their existing network.
Novice entrepreneurs typically have limited existing networks compared to more experienced entrepreneurs. As a result, they are often aware of the need to expand their network and actively seek out new connections. They understand that building a strong network is crucial for their venture's success.
By reaching out to new individuals and exploring different networks, novice entrepreneurs can tap into diverse perspectives, knowledge, and resources that can benefit their venture. They may seek mentors or advisors who can provide guidance and support based on their expertise and experience. They also look for potential partners or collaborators who can bring complementary skills or resources to the table.
The focus on developing their venture and expanding their network reflects the proactive and growth-oriented mindset of novice entrepreneurs. They understand that building connections and leveraging the expertise of others can enhance their chances of success in the competitive business landscape. Therefore, it is false to say that novice entrepreneurs solely rely on others in their existing network; instead, they actively seek to broaden their network and develop connections with new individuals who can contribute to their venture's growth.
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Explain with deep analysis;
1a. There is no consensus among economists about the impact of trade on wages. Recent research seems to point toward the possibility trade plays some role in the pattern of wage stagnation and the decline of recent years, but it is uncertain if its role is direct or indirect, or if it is large or small. Explain the controversies surrounding the impact of international trade on wages and jobs.
1b. Economies of scale are important determinants of trade patterns because they form a separate basis for trade that is in addition to comparative advantage-based trade. Explain the meaning and the importance of economies of scale for promoting trade and helping countries obtain comparative advantage. Now, in case of Bahrain, explain what the opportunities and challenges are facing the country in promoting trade via economies of scale.
The impact of international trade on wages and jobs is a complex and controversial topic among economists. While there is no consensus on the exact effects, recent research has shed some light on the possible relationship between trade and wage stagnation, as well as job declines.
However, the nature and magnitude of this relationship remain uncertain. Several key controversies surround this issue, which I will explain in detail.
1) Causality and Attribution:
One of the main challenges in determining the impact of trade on wages and jobs is establishing a causal link. It is difficult to isolate the effects of trade from other factors that influence wages, such as technological advancements, changes in labor markets, and domestic policies.
2) Skill Composition and Wage Inequality:
Trade can affect wages differently depending on the skill level of workers. Some argue that increased trade leads to a decline in wages for low-skilled workers in developed countries, as they face competition from lower-wage workers in emerging economies.
3) Labor Market Adjustment and Job Displacement:
Trade liberalization can lead to job displacement as certain industries face increased competition from imports. The proponents of trade argue that although jobs may be lost in some sectors, overall economic efficiency improves, and new jobs are created in other industries.
4) Global Value Chains and Offshoring:
International trade is increasingly characterized by global value chains, where different stages of production take place in different countries.
5) Macroeconomic Effects:
Trade can have broader macroeconomic effects that indirectly impact wages and jobs. For example, trade can contribute to economic growth and productivity gains, which can ultimately lead to higher wages. Conversely, trade imbalances, such as persistent trade deficits, can affect domestic industries and employment.
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Billy never lets money stay in his pockets, he thinks if it is there he has to spend it. Often he spends it on useless "stuff". Billy works pretty hard at landscaping jobs. He's only in the 8th grade, but has goals to get a car, go to college and buy a big house. What advise do you have for him?
Answer: See explanation
Explanation:
Based on the information given in the question, the advise for Billy is that he should save his money rather than purchasing things that are useless.
He has goals to get a car, go to college and buy a big house but he's rather spending on useless stuff. This will make his goals harder to achieve but saving the money for future purpose is essential to achieve his dreams and meet other demands.
A ticket to a concert costs $45. You have a ticket and can resell it for $75. Your opportunity cost of actually attending the concert is:.
Answer:
$75
Explanation:
under the periodic inventory system, village fabrics purchases navy plaid fabric used in its fabric-selling business in the following lots: june 5 - 4 yards at $2.50 per yard, june 12 - 7 yards at $3.00 per yard, june 17 - 8 yards at $3.50 per yard. what is the periodic average cost of the fabric per yard?
The periodic average cost of the fabric per yard under the periodic inventory system is $3.11 per yard.
What is a system of periodic inventories?
The physical inventory count of goods is routinely scheduled under the periodic inventory system. Maintenance on physical inventories can be costly because it takes a lot of time and effort. As a result, many companies only occasionally conduct physical inventory counts. Periodic inventory systems are frequently used in place of perpetual inventory systems.
Every transaction in a periodic system is noted in the company's buy account, which keeps track of inventory by deducting the cost of goods sold (COGS). However, it does not account for returned items, damaged, lost, or destroyed items.
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Which factor doesn’t describe management as science
the heart of operations management is the management of production systems. a production system uses to provide goods and services to the customer.
The heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
What is meant by operations management?This is the term that is used to refer to the way that business is being run in a way that efficiency would be increased for an organization. It tells us of the way that the business would convert materials and labor in a way that we would have goods and services.
We can conclude that the heart of operations management is the management of production systems. a production system uses input, transformation and output to provide goods and services to the customer.
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Most of us have similar values, but we might put them in vastly different orders of importance.
true or false
Sachs Brands's defined benefit pension plan specifies annual retirement benefits equal to 1.4%× service years × final year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of 2010 and Is expected to retire at the end of 2044 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $97,000 at the end of 2024 and the company's actuary projects her salary to be $315,000 at retirement. The actuary's discount rate is 7%. Note: Use tables, Excel, or a financlal calculator. (FV of $1, PV of $1. FVA of $1. PVA of $1. FVAD of $1 and PVAD of $1 ) Required: 2. Estimate by the accumulated benefits approach the amount of Davenport's annual retirement payments earned as of the end of 2024 . 3. What is the company's accumulated benefit obligation at the end of 2024 with respect to Davenport? Note: Do not round Intermedlate calculations. Round your final answer to the nearest whole dollar. 4. If no estimates are changed In the meantime, what will be the accumulated benefit obligation at the end of 2027 (three years later), when Davenport's salary is $150,000 ? Note: Do not round Intermedlate calculations. Round your final answer to the nearest whole dollar.
To calculate the annual retirement payments earned as of the end of 2024, we will use the accumulated benefits approach.
Annual Retirement Benefit = (Service Years * Salary * 1.4%) / (1 + Discount Rate)
Service Years = 2024 - 2010 = 14 years
Annual Retirement Benefit = (14 * $97,000 * 1.4%) / (1 + 7%) Annual Retirement Benefit = $14,456.99
Round your final answer to the nearest whole dollar.
3.
ABO = (Service Years * Salary * 1.4%) / (1 + Discount Rate) + (Future Years * Salary * 1.4% * PVIF)Service Years = 14 years
Future Years = 35 - 14 = 21 years
PVIF = 1 / (1 + Discount Rate)^(Future Years) = 1 / (1 + 7%)^(21) = 0.2548ABO = (14 * $97,000 * 1.4%) / (1 + 7%) + (21 * $315,000 * 1.4% * 0.2548)ABO = $2,359,058.08
4.
Service Years = 17 years
Future Years = 35 - 17 = 18 years
PVIF = 1 / (1 + Discount Rate)^(Future Years)
= 1 / (1 + 7%)^(18) = 0.3891ABO
= (17 * $150,000 * 1.4%) / (1 + 7%) + (18 * $315,000 * 1.4% * 0.3891)ABO
= $3,037,799.04
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You have three separate accounts with your bank that you can manipulate with online banking. Account a is a checking account with a $5,245.50, Account b is a personal savings account with a $12,850.25 balance, and account c is a joint college savings account with your 12-year-old son. You move $2,500 from account b to account a to cover an unexpected bill. You also move 1.5% of the remaining balance in account b to account c. What is left in account b after these transfers?
Answer:
10,194.99625
Explanation:
12,850.25 - 2,500 = 10,350.25
10,350.25 - 1.5%10350.25 = 10,350.25 - 155.25375
= 10,194.99625
P.C.
YOUR TEACHER IS CRAZY BRO...
Answer: 10,195
Explanation: love and trust
what was the primary performance–expectations gap in the case?
The discrepancy between corporate performance and stakeholder expectations is explained by the term "performance-expectations gap," which is defined in the book. Concerns from the stakeholders, in particular the Indian state of Kerala, claimed that the TCCC was eroding groundwater and creating goods with pesticide residue.
What is Stakeholder?Any individuals or groups that are affected, either positively or negatively, by a venture, initiative, policy, or organisation are considered stakeholders. They could be internal (individuals working for your company) or external (people outside of your organisation). Together with those who should be involved in making choices, your stakeholder definition must also include organisations and individuals that advocate for certain interests, such as NGOs and environmental organisations. The project itself may be significantly impacted by some stakeholders, which will determine how much it will succeed or fail. Yet, not all stockholders are equally important; some are peripheral, while others may have a bigger impact on or be more affected by the project.
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Assume that the risk-free rate is 5%, the average return of the market is 15%, and that a firm's beta is 1.5. Suppose that the firm has a beta of 1.5 and its expected return is 18.5%. Would you choose to buy it
It depends on your investment strategy and risk tolerance. If you are willing to take on higher risk for potentially higher returns, then investing in the firm may be a good choice.
The firm's beta of 1.5 indicates that it is more volatile than the market, meaning that its returns will fluctuate more with market movements. However, this also means that there is potential for higher returns if the market performs well. To determine whether the firm is a good investment, you would need to compare its expected return of 18.5% to its required return, which is calculated using the capital asset pricing model (CAPM). The CAPM formula takes into account the risk-free rate, the market return, and the firm's beta.
Assuming a risk-free rate of 5%, a market return of 15%, and a beta of 1.5, the required return for the firm would be 20% (i.e. 5% + 1.5*(15% - 5%)).
If the firm's expected return of 18.5% is lower than its required return of 20%, then it may not be a good investment. However, if the expected return is higher than the required return, then it may be worth considering.
Ultimately, the decision to invest in the firm depends on your own investment strategy and risk tolerance. It is important to do your own research and consider all factors before making any investment decisions.
1. Calculate the expected return using the Capital Asset Pricing Model (CAPM) formula: Expected Return = Risk-free Rate + Beta * (Market Return - Risk-free Rate)
2. Plug in the values: Expected Return = 5% + 1.5 * (15% - 5%) = 5% + 1.5 * 10% = 5% + 15% = 20%
3. Compare the expected return (20%) to the firm's given expected return (18.5%). In this case, the firm's expected return is lower than the CAPM-calculated return.
Since the firm's expected return (18.5%) is close to the calculated return (20%), it could still be considered a reasonable investment. However, your decision should also take into account other factors such as financial health, growth prospects, and overall risk tolerance.
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starbucks has $1 billion to invest. it can either purchase a rival coffee shop chain or build additional starbucks shops. if starbucks chooses to purchase the rival chain, we can conclude that starbucks' management team determined that the relative profitability of purchasing and owning the rival's existing shops is (click to select) the expected profitability of using the money to build additional starbucks shops.
The management team of Starbucks' have determined that the relative profitability of purchasing and owning the rival's existing shops is greater than the expected profitability of using the money to build additional Starbucks shops.
What is the relative profitability?The main aim of most organisations excluding not for profit organisations is to make profit. Profit can be earned either by reducing cost or by increasing revenue.
If it is determined that purchasing the existing shops of rivals would be cheaper than building new shops, management would decide to purchase existing rivals' shops.
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For my personal finance class
Which of the following is an example of the paradox of value?
a. You might choose an inflatable raft over a luxury car if you are adrift at sea
b. You might choose a diamond over a bottle of water if you really love dressing up
c. You might choose a hamburger over a veggie burger at a fast-food restaurant
d. You might choose a pair of socks over a hat if you are feeling cold
Answer:
b because diamonds dressing up
what factor has prevented caribbean countries from reaping the full benefits of their extensive investment in education?
Caribbean nations' significant investments in education have not allowed them to fully benefit from the brain drain issue.
Why do you use the word "investment"?An initiative is a purchase undertaken with the hope of earning money or increasing capital. Absorption is the term for an asset's value rising over time. When someone invests in something, they do it with the intention of using it to generate money in the future rather than for current consumption.
How do investments function?Purchasing financial assets with a growth in values, including stocks, treasuries, or securities of exchange-traded funds or mutual funds, is known as investing. It is not a given that investments will retain or grow in value over time.
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Market failure associated with the free-rider problem is a result of.
Market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
What is market failure?Market failure refers to a situation when there's an inefficient distribution of resources in the market.
Market failure occurs when the free market does not distribute resources efficiently. This leads to rational outcomes for the group as a whole.
Hence, market failure associated with the free-rider problem is a result of benefits that accrue to those who don't pay.
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Which command is used to draw visible line form invisible line mode *
in microsoft window logo
PD
PU
PE
None of these
In Microsoft window logo, the command which is used to draw visible line that forms an invisible line mode is: A. PD.
Microsoft window logo is a programming language that was designed and developed at the Massachusetts Institute of Technology (MIT) by George Mills, based on the educational programming language called Logo.
Some of the commands that are used on Microsoft window logo include the following:
FORWARD (fd)BACK (bk)HOMERIGHT (rt)Pendup (PU)Pendown (PD)In Microsoft window logo, the Pendown (PD) command is used to instruct the turtle to draw a visible line or leave ink (tracks) on the screen as it moves. Thus, it is a command which is used to draw visible line while forming an invisible line mode.
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Nick's Enchiladas has preferred stock outstanding that pays a dividend of $4 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return (assume the market is in equilibrium with the required return equal to the expected return)
the stock's required rate of return is 8%.Nick's Enchiladas has preferred stock outstanding that pays a dividend of $4 at the end of each year. The preferred sells for $50 a share.
To calculate the stock's required rate of return, we need to use the dividend discount model, which is:
Required Rate of Return = Dividend / Stock Price
In this case, the dividend is $4, and the stock price is $50. Therefore, the required rate of return is:
Required Rate of Return = $4 / $50 = 0.08 or 8%
The required rate of return is the minimum return an investor expects to receive for investing in a particular stock. It is also known as the discount rate or the opportunity cost of capital. In other words, it represents the return an investor could earn by investing in an alternative investment with a similar level of risk.
The dividend discount model is a popular method used to calculate the required rate of return for a stock. It assumes that the stock's value is equal to the present value of its future dividend payments. By rearranging the formula for the dividend discount model, we can solve for the required rate of return.
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conscious marketing encompasses all of the following overriding principles except
Conscious marketing is a marketing philosophy that emphasizes promoting and delivering value to customers while considering the impact of business practices on society and the environment.
It encompasses various principles such as authenticity, transparency, customer-centricity, social responsibility, and sustainability. However, there is no definitive list of overriding principles of conscious marketing, and different sources may define it differently.That being said, based on common definitions of conscious marketing, it is possible to identify some key principles that it generally includes. These may include putting the customer first, being transparent and truthful in marketing communication, providing value while respecting ethical and environmental standards, engaging in socially responsible practices, and promoting sustainability.Therefore, the answer to the question is not straightforward, as it is unclear which principles the question is referring to. However, it is safe to say that conscious marketing generally includes the principles mentioned above and may not include those that conflict with these values, such as deceptive or manipulative marketing practices.
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Give an example of where you would use a credit card versus a debit card. List the pros and cons of each for this purchase you are thinking of. Describe why you would use one form of payment versus the other?
Answer:
Credit Cards vs. Debit CardsCredit cards and debit cards typically look almost identical, with 16-digit card numbers, expiration dates, and magnetic strips, and EMV chips.1 Both can make it easy and convenient to make purchases in stores or online, with one key difference. Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit cards allow you to borrow money from the card issuer up to a certain limit in order to purchase items or withdraw cash.
Explanation:
Pros of Using Credit CardsCredit cards can offer certain advantages over debit cards, though they can also have some downsides. Here’s a closer look at the pros and cons of spending with credit cards.
Build credit historyWarranty and purchase protectionsFraud protectionCons of Using Credit CardsThe main drawbacks of using credit cards involve debt, credit score impacts, and cost.
Spending can lead to debtCredit score impactsInterest and feesPros of Using Debit CardsDebit cards can have both upsides and downsides, just like credit cards.
Avoid debtFraud protectionsNo annual feeCons of Using Debit CardsSimilar to credit cards, the biggest downsides of using debit cards involve credit score impacts and cost.
No rewardsWon’t build creditFeesDefine market structure
Answer:
Market Structure in economics, depicts how firms are differentiated and categorised based on types of goods they sell and how their operations are affected by external factors and elements. Market structure makes it easier to understand the characteristics of diverse markets.
Alexandria Aluminum Company, a manufacturer of recyclable soda cans, had the following inventory balances at the beginning and end of 20x1.
Inventory Classification January 1, 20x1 December 31, 20x1
Raw material $ 60,000 $ 70,000 Work in process 120,000 115,000 Finished goods 140,000 165,000 During 20x1, the company purchased $240,000 of raw material and spent $400,000 on direct labor. Manufacturing overhead costs were as follows:
Indirect material $ 10,000 Indirect labor 24,000 Depreciation on plant and equipment 100,000 Utilities 25,000 Other 30,000 Sales revenue was $1,113,000 for the year. Selling and administrative expenses for the year amounted to $110,000. The firm’s tax rate is 40 percent.
3. Prepare an income statement.
The Net income of Alexandria Aluminum Company for the Year Ended December 31, 20x1 is $117,000.
Preparation of Alexandria Aluminum Company Income statement:Alexandria Aluminum Company,
Income Statement for the Year Ended December 31, 20x1
Revenue: $1,113,000
Cost of Goods Sold:
Raw materials: $240,000
Direct labor: $400,000
Manufacturing overhead costs: $168,000
(10000+24000+100000+25000+30000)
Total COGS: $808,000
Gross Profit: $305,000
Operating Expenses $110,000
Operating Income $195,000
Income Tax $78,000 (40% * $195,000)
Net Income $117,000
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Suppose a company decides to lay off 150 workers to increase share values as a result some interested parties would benefit while others would suffer this scenario demonstrates the concerns with the _____ theory of social responsibility.
A. Maximizing profits
B. Stakeholder interest
C. Corporate citizenship
D. Moral minimum
Answer:
Corporate citizenship
Under which payment method is a fee schedule used? a. prospective payment b. capitation c. discounted fees d. fee for service.
Under the payment method of fee for service is a fee schedule used. Option d is the answer.
Service fees could be an instalment strategy in which healthcare suppliers are repaid for each benefit or method they perform. In this payment model, an expense plan is utilized to decide the particular sum that will be paid for each benefit rendered. The expense schedule typically incorporates a list of administrations besides their comparing expenses or repayment rates.
The fee schedule makes a difference to establish transparency and consistency in payment for administrations. It provides a system for healthcare suppliers to get the repayment they can anticipate for the administrations they give. The expenses recorded within the plan are regularly based on variables such as the complexity of the strategy, the time and assets required, and the winning showcase rates.
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