Imagine that you are planning to start a business in market (any market you can think
of). To start your business, you first decide to conduct a study of this market.
a. List at least two specific factors (other than price) that you believe would cause changes
in market demand. Based on this, write out a hypothetical demand function (i.e., in
specific functional form, not general function form) to show how quantity demanded
depends on price and the two factors you chose. The coefficients on your two factors
should make economic sense.
b. List at least one specific factor (other than price) that you believe would cause change in
market supply. Based on this, write out a hypothetical supply function (i.e., in specific
functional form, not general function form) to show how quantity supplied depends on
price and the one factor you chose. The coefficients on the factor should make economic
sense.

Answers

Answer 1

List at least one specific factor that you believe would cause change in the market supply is specific factor that would cause changes.

What is market supply?

The total amount of goods and services that producers are willing to offer for a defined period of time at a given price point or range is referred to as the market supply. It is the sum of the supply amounts from each individual manufacturer. Market supply is commonly denoted by the word "supply." Specific organisations are subject to different restrictions that have an effect on their cost and revenue structures, production schedules, and manufacturing capabilities. These factors explain how a variety of complex factors may impact the total market supply of a good or service. After defining your market, selecting a price point and time frame, and learning how many various companies are the market's producers, you may find out the precise supply levels of each manufacturer.

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Related Questions

ellsbury corporation has a goal to reduce its cash conversion cycle. which of the following actions, holding all else equal, is likely to accomplish this goal? multiple choice

Answers

The reduction of Ellsbury Corporation's cash conversion cycle is a priority. Given everything else being equal, which of the following activities is most likely to achieve this objective Ellsbury improves the productivity of its manufacturing process, cutting the average amount of time it takes to transform raw materials into completed goods by 10%.

The fact that roe is a risk-adjusted performance metric is one of its benefits.

The fact that ROE is a risk-adjusted performance indicator is one of its benefits. A company would want to have a higher gross margin if everything else was equal. entire resources. The asset turnover, profit margin, and current ratio for Klamath Corporation are 3.5, 5.2%, and 0.5 respectively.

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fess, research manager for greenergy products, inc., applies utilitarian ethics to determine that an action is morally correct when it produces the greatest good for

Answers

Fess, research manager for the greenery products, inc., applies utilitarian ethics to determine that action is morally correct when it produces greatest good for the most people.

What is a product?

Anything that can be sold on the market to fulfil the needs or desires of consumers is a product. When it comes to marketing, a product is any good, system, or service that is made available to consumers in response to their needs. Products in project management are the clearly defined project deliverables that either directly or indirectly contribute to the project's goals. Hazardous goods—especially those that cause physical harm to consumers or bystanders—may be subject to product liability laws. Numerous of these various types of product information are regulated in some way, whether it is by explicitly outlawing inaccurate or deceptive product information or by requiring sellers or manufacturers to list particular information, such as the ingredients in food, medication, and hygiene products.

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Complete Question:

Fess, research manager for greenergy products, inc., applies utilitarian ethics to determine that an action is morally correct when it produces the greatest good for?

Which of the following statements about having a financial planner manage your investment portfolio is TRUE?
-You don't have a say in how you want to manage your portfolio
-Having a manager often costs less than managing the portfolio yourself
-The manager will charge fees that will decrease the profits you gain
-Financial planners are guaranteed to beat the market all the time

Answers

The manager will charge fees that will decrease the profits you gain statement about having a financial planner manage your investment portfolio is true.

What do you mean by financial planner?

A financial planner offers clients advice on money management and helps them reach their long-term financial goals. They could be experts in estate planning, risk management, retirement planning, tax planning, or asset allocation. The work of figuring out how the company can afford to achieve its strategic goals and objectives is known as financial planning. The ability to communicate clearly is the most critical quality for a financial planner to possess, especially when addressing the complicated needs of high-net-worth individuals and organizations.

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Which of the following are methods that private businesses can use to overcome information difficulties without government intervention?
* Inclusive hiring
* Product warranties
* Franchising
* Sales promotions

Answers

Product warranties and Franchising is the answer.

What is Franchising?

A single person or group of individuals (the franchisee) is given permission by the franchisor, the owner of a business system, to operate a firm that sells products or renders services using the franchisor's business system. Franchising is the term used to describe this marketing and distribution process.

Subject to certain limitations, franchisees may also utilise the franchisor's logo, trademarks, and distinguishing features. Anyone interested in launching a business through the purchase of a franchise should be aware that doing so binds the franchisee to a long-term partnership arrangement with the franchisor (some exceptions do exist). Generally speaking, Isaac Singer developed the concept of franchising as we know it today in the 1850s.

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which of the following would likely be considered costs, as opposed to benefits, to people purchasing a new car?

Answers

Interest payments for the car's loan would likely be considered costs, as opposed to benefits, to people purchasing a new car.

What is car's loan?

In exchange for them paying a dealership so that you can purchase a car, you agree to repay a lender over a predetermined term, usually three to six years. The lender makes money when you pay more than you borrowed in most cases. Your credit score has a significant impact on how much extra you pay. When taking out a loan, the borrower commits to paying it back in full by the due date, usually by making monthly payments, together with any interest. The majority of the policies and procedures governing other loans also apply to car loans.

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TRUE/FALSE. agency costs are costs that are incurred when management does not act in the best interest of shareholders.

Answers

When management does not act in the best interest of shareholders, agency expenses are incurred. The given statement is true.

Who are shareholders?

Anyone who holds at least one share of a company's stock or unit in a mutual fund is referred to as a shareholder. The firm is primarily owned by its shareholders, who also have specific rights and obligations. With this ownership structure, they can benefit from a company's success.

These benefits take the shape of rising stock prices or dividend payments from financial gains. In contrast, when a corporation experiences a loss, the share price inevitably falls, which may result in financial losses for shareholders or portfolio reductions.

By subscribing to the IPOs, shareholders may have purchased their shares on the primary market, giving the firm capital. However, the majority of shareholders purchase their shares on the secondary market and do not contribute any money to the company directly. Depending on the share class, shareholders may receive specific benefits. Generally speaking, a corporation is governed for the benefit of its shareholders by its board of directors.

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a blank is a division of the firm itself that can be managed and operated independently from other divisions. multiple choice question.

Answers

A strategic business unit (SBU) is division of firm itself that can be managed and operated independently from the other divisions.

What is a strategic business unit?

A profit centre that prioritises product offerings and market segments is known as a strategic business unit (SBU) in business strategic management. Even though they could be a part of a bigger company organisation, SBUs often have a distinct marketing plan, competitive analysis, and marketing campaign. An SBU could be a division, branch, or business all on its own inside a bigger corporation. Multiple SBUs that are each accountable for their own profitability can make up corporations. A company with this kind of organisational structure is General Electric (GE). SBUs have control over the majority of variables that determine their performance. When referring to SBUs or a group of SBUs that have these qualities, businesses today frequently use the words segmentation or division.

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individual characteristics that improve individual mechanisms, such as job satisfaction and motivation, include which of the following?

Answers

Individual characteristics that improve individual mechanisms, such as job satisfaction and motivation, include

Cultural ValuesPersonalityAbility

What are cultural values?

The underlying beliefs and ideals that guide, sustain, and are necessary for the existence and peaceful cohabitation of an entire community is known as cultural values. Just a few examples are ethics, customs, norms, dialects, religious beliefs, works of art, literature, music, social roles, and traditions. The five factors used to evaluate cultural worth are aesthetic, social, symbolic, spiritual, and educational value. Indian culture is founded on the values of hard work, honesty, respect for elders, and family harmony. In India, both formal and informal education is highly valued. India is a nation with lots of prospects, and its people are known for being highly entrepreneurial.

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2. market structures for each of the following scenarios, identify the number of firms present, the type of product, and the appropriate market model. select the matching entry for each dropdown box in the following table. scenario number of firms type of product market model there are hundreds of colleges and universities that serve millions of college students each year. the colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs. there are hundreds of high school students in need of algebra tutoring services. dozens of companies offer tutoring services; parents view the quality of the tutoring at the different companies to be largely the same. only three airlines fly from san francisco to medford, oregon. no new airline will enter this market, because there are not enough customers to share among four or more airlines without each one experiencing substantially higher average costs. consumers view all airlines as providing basically the same service and will shop around for the lowest price. the government has granted a patent to a drug company for an experimental aids drug. that company is the only firm permitted to sell the drug.

Answers

In the scenario where there hundreds of colleges and universities that serve millions of college students each year. the colleges vary by location, size, and educational quality, which allows students with diverse preferences to find schools that match their needs:

The number of firms is many.The type of product is differentiated.The market model is monopolistic competitive.

What are the explanation of the choosen drop-down?

1. Students will benefit from the availability of MANY FIRMS in various locations, sizes, and educational quality.

2. Product differentiation is the process of developing a product so that customers believe it is distinct from similar, competing products. Product quality, design and features, and product support services all contribute to product differentiation.

3. Monopolistic competition describes an industry in which many firms offer similar, but not perfect substitutes, products or services. This type of market enables students with diverse preferences to find schools that meet their requirements.

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Which of the following statements are true about the chart of accounts? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Different companies use different charts of accounts based on individual company need.
The chart of accounts contains the balance of all of the accounts in a ledger.
The chart of accounts should be ordered in a logical sequence based on type of account.
The chart of accounts can be ordered in any sequence because they are not formal financial systems.

Answers

Different companies use different charts of accounts based on individual company need.

what is the statements of chart of accounts?A chart of accounts is a list of financial accounts that an accountant creates for a company and provides to the bookkeeper so that she can enter transactions into the general ledger.As a result, each account type's chart of accounts should be arranged logically. Different businesses use various charts of accounts, depending on the requirements of the firm.Based on account type, the chart of accounts should be arranged in a logical order.Seven requirements for every business: a vision or an idea. But not just any idea—you need a good one, as well as love or passion for the concept, tenacity and courage, experience, knowledge, education, and training, a plan or road map, money, and support and assistance along the way.

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which of the following is disclosed separately in a statement of cash flows using the indirect method?

Answers

An increase in retained earnings for the period is disclosed separately in a statement of cash flows using the indirect method.

What is disclosed in the statement of cash flows?It indicates how the reporting entity obtains and spends cash, including information about its borrowing and repayment of debt, cash dividends or other cash distributions to investors, and other factors that may affect the entity's liquidity or solvencySeparate disclosure of cash flows from investing activities is important because they represent the extent to which expenditures have been made for resources intended to generate future income and cash flowsA disclosure of Confidential Information may be in a tangible form (e.g., a writing, drawings, documents, electronic files or records, etc.) or in an intangible form (e.g., by oral or visual disclosure of information or processes, etc.).

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in 2010, maxine's nominal income increased by 3% while the price level rose by 1%. consequently, maxine's real income:

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Maxine's nominal income rose by 3% in 2010 while prices increased by 1%. As a result, Maxine's real income increased by about 2%.

What is nominal income?

Nominal income is money that hasn't been adjusted for inflation-related changes in buying power, or how much one can buy with that money. Because inflation reduces the number of products or services one can afford with a given amount of nominal income, it is crucial to adjust nominal income for inflation. Assume that this year's nominal income increases by 50% over last years to illustrate how inflation can negate improvements in nominal income. In reality, if prices increase by less (more) than 50% during that time, a person will actually be better (worse) off since they will be able to purchase more products and services with their larger nominal income (less).

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sebastian and ashley miller are married and always file married filing jointly. sebastian earned $32,000 in wages and ashley earned $24,000 in wages. the millers paid all the cost of keeping up a home and provided all the support for their two children, laura and timothy, who lived with them all year. laura is 14 years old and timothy turned 17 in november 2022. sebastian and ashley did not have enough deductions to itemize, but contributed $1,500 in 2022 to their church, a qualified charitable organization. sebastian, ashley, laura, and timothy are all u.s. citizens with valid social security numbers and lived in the u.s. the entire year. 6. sebastian and ashley will not itemize deductions but can deduct $600 of their charitable contribution.

Answers

If Sebastian and Ashley Miller are married and always file Married Filing Jointly:

Millers do not qualify for the Child Tax Credit (CTC) is false The amount  that Sebastian and Ashley deduct as a charitable contribution is $1500.

How to find the  charitable contribution amount?

1. Millers do not qualify for the Child Tax Credit (CTC) is false based on the fact that the Millers do qualify for the Child Tax Credit (CTC), as they have two children under the age of 17.

2. Sebastian and Ashley can deduct $1,500 as a charitable contribution, as they did not have enough deductions to itemize and will take the standard deduction instead.

Therefore the amount  that Sebastian and Ashley deduct as a charitable contribution is $1500.

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The correct question is:

Sebastian and Ashley Miller are married and always file Married Filing Jointly. • Sebastian earned $32,000 in wages and Tina earned $24,000 in wages. • The Millers paid all the cost of keeping up a home and provided all the support for their two children, Laura and Timothy, who lived with them all year. • Laura is 14 years old and Timothy turned 17 in November 2022. • Sebastian and Tina did not have enough deductions to itemize, but contributed $1,500 in 2022 to their church, a qualified charitable organization. • Sebastian, Ashley, Laura, and Timothy are all U.S. citizens with valid Social Security numbers and lived in the U.S. the entire year.

1. The Millers do not qualify for the Child Tax Credit (CTC). a. True b. False

2.What amount can Sebastian and Ashley deduct as a charitable contribution?

a. $0

b. $600

c. $1,200

d. $1,500

an advertisement for a smartphone that compares itself to the smartphone of another firm is legal in the u.s., even if the ad mentions brand-name goods produced by another firm. (True or False)

Answers

A manufacturer as well as a dealer will split the cost of advertising using a vertical collaborative marketing strategy. Even though the marketing contains products created by other company,

it is permissible to compared on company's smartphone with a competitor's in the United States. true.

What kind of internet advertising is appropriate again for structure and purpose of both the platform where it makes it appear?

A style of advertisement whose complements the design and feel of both the medium where it occurs is known as native advertising, sometimes known as sponsored content. It frequently takes the form of a film, essay, or editorial while performing the same role as just an advertisment.

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question the transportation development described in the excerpt had which of the following effects on agriculture in the united states? responses

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In order to restrict the influence of rail companies on agriculture in the United States, farmers created cooperative organizations.

The Agricultural Revolution: What Was the Cause?

The need to feed the rapidly expanding population sparked the agricultural revolution. Because the land they utilized for farming and grazing was being farmed out to other farmers, the English aristocracy donated land to be rented, which sparked an uprising among the peasants.

What three effects does agriculture have?

Climate change, deforestation, biodiversity loss, dead zones, genetic engineering, irrigation concerns, pollution, soil degradation, and waste are only a few of the broader environmental problems agriculture contributes to.

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liquidity ratio joyce cheung has compiled some of her personal financial data to determine her liquidity position. the data are as follows.

Answers

A liquidity ratio is a type of economic ratio used to determine a company's capability to pay its temporary debt obligations. The metric helps decide if a organization can use its current, or liquid, belongings to cover its current liabilities.

What is liquidity formula?

Liquidity Ratios

The cutting-edge ratio (also recognized as working capital ratio) measures the liquidity of a organisation and is calculated through dividing its current assets via its present day liabilities.

One of the liquidity ratios is the contemporary ratio. The present day ratio includes property and liabilities that are paid inside a 12 months and the greater this ratio suggests greater the liquidity function of the company.

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TRUE OR FALSE decisions in organizations range from routine choices, such as how many items to order or how many people to hire, to unexpected ones such as what to do if a key employee suddenly quits or needed materials do not arrive.

Answers

The given statement "Decisions in organizations range from routine choices, such as how many items to order or how many people to hire, to unexpected ones such as what to do if a key employee suddenly quits or needed materials do not arrive" is true.

This is because organizations have to make both routine and unexpected decisions on a daily basis in order to operate effectively. Routine decisions, such as determining the number of items to order or the number of people to hire, are part of the normal operations of an organization.

On the other hand, unexpected decisions, such as how to handle a sudden resignation of a key employee or what to do when needed materials do not arrive, require a quick and effective response from the organization to minimize any potential negative impact on its operations.

In conclusion, the ability of an organization to make both routine and unexpected decisions is crucial for its success and survival in today's rapidly changing business environment.

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FILL IN THE BLANK The firm has a tax rate of 40% and interest expense of $200,000. The after-tax cost of the interest is _____. $120,000.

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The firm has a tax rate of 40% and an interest expense of $200,000. The after-tax cost of the interest is $120,000.

What is a company's income statement measuring?

An income statement displays a company's revenues, costs, and profitability over time. It may also be referred to as an earnings statement or a profit-and-loss (P&L) statement. It displays your: revenue from the sale of goods or services.

The company pays $200,000 in interest costs and has a 40% tax rate. The interest costs $120,000 after taxes.

Therefore, Financial statements other than income statements are usually given less weight in corporate financial pronouncements.

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A company can decide how many additional labor hours to acquire for a given week. Subcontractor workers will only work a maximum of 20 hours a week. The company must produce at least 200 units of product A, 300 units of product B, and 400 units of product C. In 1 hour of work, worker 1 can produce 15 units of product A, 10 units of product B, and 30 units of product C. Worker 2 can produce 5 units of product A, 20 units of product B, and 35 units of product C. Worker 3 can produce 20 units of product A, 15 units of product B, and 25 units of product C. Worker 1 demands a salary of $50/hr, worker 2 demands a salary of $40/hr, and worker 3 demands a salary of $45/hr. The company must choose how many hours they should contract with each worker to meet their production requirements and minimize labor cost. Assuming this is a linear programming problem, which of the following is the optimal solution?

Answers

The linear programming problem of this will be to optimise the production requirements and minimize labor cost.

What is  linear programming?

In a mathematical model whose requirements are represented by linear relationships, linear programming (LP), also known as linear optimization, is a technique to attain the best result (such as highest profit or lowest cost). Finding the ideal value of the given linear function is the focus of the Linear Programming Problems (LPP). The best value could be the highest or lowest value. The specified linear function in this case is regarded as an objective function. There are several varieties of linear programming issues, including: issues with manufacturing. Issues with diet. All issues with linear programming try to either maximise or minimise a numerical number that represents a profit, cost, quantity produced, etc. It determines the percentage that each decision factor would add to the project's net present value.

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Miller and Anheuser Busch are __________________, and their ads contrasting their respective Bud Light and Miller Lite brands of beer have been very entertaining.

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Miller and Anheuser Busch are competitors, and their ads contrasting their respective Bud Light and Miller Lite brands of beer have been very entertaining.

These advertising efforts have included commercials and advertisements that contrast the two brands, highlighting their differences in taste, ingredients, and calorie count. This type of advertising is commonly referred to as comparative advertising, and it is used to create differentiation between two similar products and to encourage consumers to choose one product over another. In many cases, these advertisements are entertaining and creative, making use of humor, music, and memorable characters to capture the attention of consumers. They are often intended to be memorable and to drive home the message that the advertised product is the better choice compared to its competitor. The competitive nature of the beer industry and the focus on differentiation have made the advertising efforts of Miller and Anheuser Busch some of the most entertaining and memorable commercials in the market. Whether these advertisements lead consumers to choose one brand over another, they have become a popular part of the beer industry and an example of effective comparative advertising.

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FILL THE BLANK the management in action case highlights the partnership between chemical companies and tanners in order to improve leather manufacturing. this relationship is an example of effective ____ management.

Answers

The management in the action case demonstrates the collaboration between chemical firms and tanners to enhance leather production. This partnership serves as an illustration of good operational management.

What is Operation management?

Operations management is a branch of management that focuses on planning, organising, and redesigning the production process for goods or services as well as business operations. It comprises the obligation to make sure that business operations are effective in satisfying consumer needs while utilising the fewest resources possible.

It is concerned with overseeing the process of turning inputs (in the form of raw materials, labour, consumers, and energy) into outputs (in the form of goods and/or services for consumers), which is the act of producing something or providing a service.

Operations create services, control quality, and produce goods. Working with suppliers, customers, and technology are all aspects of operation management that apply to industries such as financial systems, hospitals, and businesses.

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_____is the technique of investment fraud where the fraudsters run up the price of a stock through falsified press releases, email campaigns, etc. and then sell off while the price is high.

Answers

Pump and dump scheme is the technique of investment fraud where the fraudsters run up the price of a stock through falsified press releases, email campaigns, etc. and then sell off while the price is high.

In a pump and dump scheme, fraudsters often disseminate false or misleading information to generate a purchasing frenzy, "pumping" up the price of a stock and then "dumping" shares of the stock by selling their own shares at the inflated price. When the fraudsters sell their shares and cease advertising the stock, the stock price drops and investors lose money.

False or misleading information about a company's stock price may circulate via social media, investment research websites, online advertisements, etc. Because there is typically less publicly available information on microcap companies, they are especially vulnerable to pump and dump tactics.

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an advertisement has been placed on your company’s and on major recruitment websites for a great opportunity to be employed as country manager at abc insurance company in the uae. you read the job description and believe you are a fir for this position. you want to negotiate with the general manager, dr david smith, that you would like to excel and get promoted as the ‘country manager’, from your current position as the ‘dubai’s branch manager’. this position will provide you with many opportunities such as a higher salary, more responsibilities, and utilizing more of your technical and leadership skills. in addition, you have been working with the company since september 2015 as a full-time employee and have made enormous contributions to the organization. from your experience, you have also determined that dr smith is a ‘thinker’ personality type as per the myers-briggs type indicator.

What strategies would you utilize to achieve effectiveness, efficiency, and negotiating climate? What negotiating strategies and tools would you utilize to avoid failure? Explain in detail.

Answers

To achieve effectiveness, efficiency, and a positive negotiating climate, the following strategies could be used:

Preparation: Before negotiating, research the company's policies, culture, and past negotiations, as well as the compensation packages offered to country managers. This will help you make informed demands and avoid unrealistic expectations.

Establish a rapport: Establishing a good rapport with Dr. David Smith can help build trust and increase the chances of a positive outcome. This could be done by finding common ground and expressing appreciation for their work and the company's success.

Problem-solving approach: Adopt a problem-solving approach to the negotiation, rather than an adversarial one.

What negotiating strategies and tools would you utilize to avoid failure?

To avoid failure, the following negotiating strategies and tools could be used:

Avoid ultimatums: Avoid making ultimatums or demands that may come across as unreasonable or confrontational.

Be flexible: Be open to alternative solutions and be willing to compromise.

Use active listening: Listen actively to Dr. Smith's concerns and respond to them in a way that addresses their concerns while still advancing your position.

Lastly, Avoid emotional responses: Avoid emotional responses and maintain a professional demeanor throughout the negotiation.

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geo corporation issues stock to investors for $100,000. recording this transaction will include which of the following?

Answers

Option A is Correct. Investors can purchase shares of Geo Corporation for $100,000. Credit common stock will be included in the transaction's records.

All of the transactions recorded using the double-entry bookkeeping system are compiled in a general ledger. Each transaction using this method impacts at least two different accounts; one account is debited and the other is credited. The total debit amount and total credit amount must always be equal.

The Guest Folio, sometimes referred to as the Guest Account Card, is regarded as the hotel's principal bill. Each resident guest's credit and cash purchases are recorded in their guest folio. The four components, namely income, expense, drawing, and capital accounts, may have an impact on the owner's equity. Revenue and owner investment are transactions that raise equity.

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Correct Question:

Geo corporation issues stock to investors for $100,000. recording this transaction will include which of the following?

A. Credit common stock.

B. Credit revenues.

C. Debit to cash.

D. Debit to retained earnings.

he aubey coffee company is evaluating the within-plant distribution system for its new roasting, grinding, and packing plant. the two alternatives are (1) a conveyor system with a high initial cost but low annual operating costs and (2) several forklift trucks, which cost less but have considerably higher operating costs. the decision to construct the plant has already been made, and the choice here will have no effect on the overall revenues of the project. the cost of capital for the plant is 7%, and the projects' expected net costs are listed in the following table: expected net cost year conveyor forklift 0 -$500,000 -$200,000 1 -120,000 -160,000 2 -120,000 -160,000 3 -120,000 -160,000 4 -120,000 -160,000 5 -20,000 -160,000

Answers

The NPV for the forklift option is higher, it is the better choice in terms of cost-effectiveness.

How did we evaluate the choices?

To evaluate the two alternatives, you can use the discounted cash flow (DCF) method, which takes into account both the initial cost and the operating costs over time. The DCF formula is as follows:

NPV = (C1 / (1 + r)^1) + (C2 / (1 + r)^2) + ... + (Cn / (1 + r)^n)

Where NPV is the net present value, C is the cash flow in each year, r is the cost of capital, and n is the number of years.

Using this formula, we can calculate the NPV for both alternatives:

Conveyor:

NPV = (-$500,000 / (1 + 0.07)^0) + (-$120,000 / (1 + 0.07)^1) + (-$120,000 / (1 + 0.07)^2) + (-$120,000 / (1 + 0.07)^3) + (-$120,000 / (1 + 0.07)^4) + (-$20,000 / (1 + 0.07)^5) = $-497,501.49

Forklift:

NPV = (-$200,000 / (1 + 0.07)^0) + (-$160,000 / (1 + 0.07)^1) + (-$160,000 / (1 + 0.07)^2) + (-$160,000 / (1 + 0.07)^3) + (-$160,000 / (1 + 0.07)^4) + (-$160,000 / (1 + 0.07)^5) = -$191,940.87

Since the NPV for the forklift option is higher, it is the better choice in terms of cost-effectiveness.

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the problem for companies which reject conventional management principles ad adopt radically new management systems and organizational forms is that: [see p.231] group of answer choices lack of legitimacy hurts their stock market valuations. employees tend to be conservative and prefer the security of traditional modes of management. most attempts at radical transformation fail. innovations in management conflict with prevailing systems of financial reporting and human resource management.

Answers

Strategic HRM practices are crucial for fostering innovation in businesses.

What effects do innovations have on strategic management?

Strategic innovation has a positive, direct effect on the business performance. According to a claim made, businesses need strategic innovation to stimulate commercial expansion, offer benefits for the company and its clients, and create a competitive advantage. What is The relationship between human resources and finance?

In many firms, finance and human resources are two distinct business divisions. By keeping expenses and revenues in check, finance supports organizational goals by allocating resources. HR employs, recruits, and inspires employees to further these same objectives.

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Holloway Company earned $9,100 of service revenue on account during Year 1. The company collected $7,735 cash from acco receivable during Year 1. Required Based on this information alone, determine the following for Holloway Company. (Hint: Record the events in general ledger acc under an accounting equation before satisfying the requirements.) (Enter any decreases to account balances with a minus sig a. The balance of the accounts receivable that would be reported on the December 31, Year 1, balance sheet. b. The amount of net income that would be reported on the Year 1 income statement. c. The amount of net cash flow from operating activities that would be reported on the Year 1 statement of cash flows. d. The amount of retained earnings that would be reported on the Year 1 balance sheet.

Answers

Following are the transactions, there is a final amount of $9,100 in retained earnings, $1,425 ($9,100 - $7,735) in accounts receivable, and $7,735 in cash. Net cash flow from operating operations is the $7,735 that was received from accounts receivable. The revenue earned is shown as the net income, which is $9,100.

Earned revenue - The accounts receivable will rise by $9,100 when revenue is earned on an account. Additionally, service revenue will rise, increasing the retained earnings balance.

Accounts receivable collected - When money is taken out of accounts receivable, cash will rise by the amount collected, or $7,735, and accounts receivable will fall by $7,735.

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The following transactions occurred at several different businesses and are not related.
Post the following transactions into the appropriate T accounts.
Transactions:
Hunter Thompson, an owner, made an additional investment of $21,000 in cash.
A firm purchased equipment for $10,000 in cash.
A firm sold some surplus office furniture for $1,700 in cash.
A firm purchased a computer for $3,700, to be paid in 60 days.
A firm purchased office equipment for $11,200 on credit. The amount is due in 60 days.
Nancy Fowler, owner of Fowler Travel Agency, withdrew $6,000 of her original cash investment.
A firm bought a delivery truck for $37,000 on credit; payment is due in 90 days.
A firm issued a check for $3,500 to a supplier in partial payment of an open account balance.
Analyze:
Select the transactions that directly affected an owner’s equity account. T accounts normally do not have any minus signs. Use minus signs in this problem to demonstrate your understanding of decreases to account balances.
Post the following transactions into the appropriate T accounts. (Select the Debit account first, then the Credit account. Deductions to account balances should be indicated by a minus sign.)

Answers

Transaction 1: Hunter Thompson, an owner, made an additional investment of $21,000 in cash.

Debit: Cash

Credit: Owner's Equity

Transaction 2: A firm purchased equipment for $10,000 in cash.

Debit: Equipment

Credit: Cash

Transaction 3: A firm sold some surplus office furniture for $1,700 in cash.

Debit: Cash

Credit: Office Furniture (Surplus)

Transaction 4: A firm purchased a computer for $3,700, to be paid in 60 days.

Debit: Accounts Payable

Credit: Computer

How do we record other transactions?

Transaction 5: A firm purchased office equipment for $11,200 on credit. The amount is due in 60 days.

Debit: Office Equipment

Credit: Accounts Payable

Transaction 6: Nancy Fowler, owner of Fowler Travel Agency, withdrew $6,000 of her original cash investment.

Debit: Owner's Equity

Credit: Cash

Transaction 7: A firm bought a delivery truck for $37,000 on credit; payment is due in 90 days.

Debit: Delivery Truck

Credit: Accounts Payable

Transaction 8: A firm issued a check for $3,500 to a supplier in partial payment of an open account balance.

Debit: Cash

Credit: Accounts Payable

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governmental entities may decide to privatize the management of their venue for a number of reasons. which of the following is not one of them?

Answers

The answer is The need for investment dollars, is not one of the reason governmental entities may decide to privatize the management of their venue for a number of reasons.  

The meaning of investment

An asset is considered an investment if it is bought or invested in with the intention of increasing financial security and preserving hard-earned income. The primary purpose of an investment is to create a new source of income or to generate profit over a predetermined time period.

How come individuals invest?

A successful strategy to invest your money and possibly increase your wealth is to open an investment account. Your money may see value growth that exceeds inflation if you make wise investment decisions. Compounding's effectiveness and the risk-return trade-off are the main causes of investing's higher growth potential.

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The owners of Puff Ball bakery want to open a second retail outlet. Which of the following scenarios is most likely to yield a competitive advantage? a) Open a shop on an inexpensive piece of land near a new mixed-use residential and business district currently under construction. b) Purchase an existing bakery from a business that closed due to declining sales and try to revive it. c) Build a shop in a sparsely populated rural area where the land is inexpensive and few other bakeries exist. d) Open a shop in a crowded downtown location where several other bakeries have been successful over the years.

Answers

Purchase an existing bakery from a business that closed due to declining sales and try to revive it is most likely to yield a competitive advantage.

How Do You Define a Competitive Advantage?

The term "competitive advantage" describes elements that enable a business to produce goods or services more effectively or at a lower cost than its rivals. When compared to its competitors in the market, these factors enable the producing unit to produce more sales or margins. Any benefit that gives a business an edge over rivals, enabling it to gain more clients and expand its market share, is referred to as a competitive advantage. Three main types of a competitive advantage exist: Having the ability to produce goods or render services at a lower price than rivals.

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