Challenging Business Problems with Detailed Answers

In the context of franchising, which of the following statements is true of a business format franchise?
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Suppose the mark-up of goods prices over marginal cost is 8% and that the wage-setting equation is W = P(1 2u), where u is the unemployment rate.(a) Based on the medium-run analysis of the labor market model in Chapter 7, what the natural rate of unemployment? Illustrate the equilibrium with a diagrammatical sketch showing the price-setting and wage-setting curves.(b) Suppose the mark-up increases to m=10%? How will this affect the medium-run equilibrium? Indicate the new equilibrium in your diagrammatic sketch.
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Suppose the U.S. dollar substantially depreciates against the Japanese yen. The change in exchange rateA) will tend to strengthen the competitive position of Japanese car makers at the expense of U.S. makers.B) will tend to strengthen the competitive position of import-competing U.S. car makers.C) will tend to weaken the competitive position of import-competing U.S. car makers.D) none of the optionsand why?
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Which of the following is least important when concerned about overstatement of assets through a merger?a. Understanding the general context of the mergerb. Identifying specific analytical or documentary symptomsc. Determining if the merger was done in accordance with GAAPd. Studying the nature of the companies involved
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a strategy designed to compete within a narrow market or product segment is called a strategy.
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Quality assurance programs have been successful in many manufacturing environments because they increase workers autonomy over the work process.a. Trueb. False
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determining how many subordinates will report to each manager gives an organization its____
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The amount of a good or service that buyers would be willing and able to purchase at a specific price is known asa. quantity demanded.b. demand.c. supply.d. quantity supplied.e. opportunity cost.
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One restaurant you know of offers a "cash discount" and another charges a "credit card fee." Even though you end up paying the same amount for your meals at both restaurants, you feel like the cash discount is a good deal and that the credit card fee is unjust. This is due to which decision making bias?A. Framing EffectsB. Base Rate BiasC. Misconceptions of chanceD. Misunderstanding Conjunctive Events
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If government purchases were to decrease by $300 billion or if taxes were increased by $300 billion, the equilibrium level of real gdp would decrease by?
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1. Which is an economic condition that consumer spending usuallymeasures?
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in willy wonka for each person who finds a golden ticket describe his/her personality
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which of the following affect the expected rate of return for a portfolio? i. weight of each security held in the portfolio ii. the probability of various economic states occurring iii. the variance of each individual security iv. the expected rate of return of each security given each economic stat
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a person in a position of financial trust transfers money from the corporation into a personal account. this is known as:
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the budget lists planned investments in major assets. a. cash b. capital c. revenue d. profit e. balance sheet
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if the buzz tool company has just declared an annual dividend of $5.00 per share, what will the dividend be on 20 shares?
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a company had $56 missing from petty cash that was not accounted for by petty cash receipts. the correct procedure is to:
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a lender may protect its interest in a conventional mortgage loan by asking the buyer to obtain additional security from:
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if one corporation owns all of the shares of another corporation, it is referred to as the target corporation. true false
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what independent nonprofit foundation meets annually in davos, switzerland, to address an array of global issues?
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how would you respond to a naysayer that says store business and concessions business will go down if we give out free hats and free food as part of group sales packages?
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during periods of hyperinflation, money does not hold its value and, therefore, people choose not to save as much money for a rainy day. this description implies that the
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performance appraisals are part of control. a. inventory b. physical c. financial d. information e. human resources
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question content area the proceeds from discounting a $20,000, 60-day, note payable at 6% is $20,200. true false
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