If 10,000 units were sold, then $28.32 is the variable cost per unit. Total Variable Cost = Total Quantity of Output X Variable Cost Per Unit of Output
An expense for the company that varies according to how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.
Sales = $472,000
Contribution margin ratio = 40%
Contribution margin = Sales x Contribution margin ratio
= 472,000 x 40%
= $188800
Total variable cost = Sales- Contribution margin
= 472,000-188800
= 283200
Number of units sold = 10,000
Variable cost per unit = Total variable cost/ Number of units sold
= 283200/10000
= $28.32
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When a merchandising company sells inventory, it will recognize sales revenue for the amount of the sales pric
When a merchandising company sells inventory, it will recognize revenue and expense. Sales revenue and Cost of goods sold is to be recognized.
How does sales revenue work?
The money a company makes from selling its products or services is known as sales revenue. When the product is delivered or the service is completed, it is recorded on the income statement for the corresponding month.
Sales are the profits a business makes through offering its products and services to customers. Revenue, on the other hand, is the total amount of money that a company brings in, including sales.
Is the money from sales a profit?
Sales are simply referred to as "revenue," which does not take any operating costs or expenses into account. The amount of income left over after all costs, obligations, sources of extra income, and operating costs have been taken into consideration is known as the profit.
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You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently January 15, 2016. The bonds have a par value of $2,000. Company (Ticker) Xenon, Inc. (XIC) Kenny Corp. (KCC) Williams Co. (WICO) Coupon 6.900 7.270 ?? Maturity Jan 15, 2035 Jan 15, 2034 Jan 15, 2041 Last Price 94.333 77 94.885 Last Yield ?? 5,44 7.14 EST $ Vol (000 's) 57.377 48.956 43,817 What price would you expect to pay for the Kenny Corp. bond?
You would expect to pay around $76.867 for the Kenny Corp. bond
Yield to maturity (YTM) is a measure of the total return expected from a bond, assuming the investor holds the bond until it matures. It is the internal rate of return of an investment in a bond if the investor holds the bond until maturity and receives all coupon payments and the return of the bond's face value.
To calculate the price of the Kenny Corp. bond, you need to know the coupon rate, the current yield, and the number of years until maturity. The coupon rate is 7.270, the maturity date is January 15, 2034, and the yield to maturity is 5.44%.
The bond price can be calculated using the formula:
Bond price = (Coupon rate / (1 + Yield to maturity)) * Par value / (1 + Yield to maturity)^(Number of years until maturity)
Where Coupon rate = 7.270, Par value = $2,000, Yield to maturity = 5.44%, and Number of years until maturity = (2034 - 2016) = 18 years.
Plugging in the values into the formula:
Bond price = [tex](7.270 / (1 + 0.0544)) * 2000 / (1 + 0.0544)^1^8[/tex]
Bond price = $76.867
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john gates made $25,000 last year and paid $2,500 in taxes on this income. jane smith made $30,000 last year and paid $3,000 in taxes on this income. what type of tax is the government using?
As per the details mentioned in the question. the type of tax government is using is the Proportional Taxes.
A proportional tax is a personal duty framework that requires a similar rate expense to everybody paying little mind to pay. A corresponding duty is no different for low, center, and big league salary citizens. Corresponding duties are here and there alluded to as level expenses.
Interestingly, an ever-evolving charge or minimal expense framework changes charge rates continuously by pay. Low-pay workers are charged at a lower rate than major league salary workers. A corresponding expense permits individuals to be charged at a similar level of their yearly pay. Allies of a proportional tax framework recommend that it gives citizens motivating force to procure more since they are not punished with a higher expense section. Likewise, level assessment frameworks make recording simpler. Pundits of level charges contend the framework puts an out of line trouble on low-workers in return for bringing down charge rates on the affluent. Pundits, in any case, accept that a dynamic duty framework is more pleasant than a level expense framework.
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true or false: small and medium-sized companies do not typically benefit from the globalization of markets.
False. Small and medium-sized companies can benefit from globalization by accessing new markets, sourcing inputs from low-cost countries, and potentially lowering costs through economies of scale.
Small and medium-sized businesses must contend with issues including heightened competitiveness and the need to adjust to changing market demands as a result of globalisation. However, small and medium-sized businesses may effectively compete in the global market and benefit from globalisation with the right strategy and execution.
The capacity to create and/or sell products and/or services in open competition with others on global marketplaces is referred to as globalisation. In open competition, only the fittest will prevail. With regard to practically every commodity in the globe, there is extensive international rivalry. Globalization often lowers the cost of production. In turn, businesses are able to charge customers less for their products. A important factor in rising standards of living is the average cost of commodities.
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after this, pip takes ill and is hunted by his creditors. who comes to his rescue and what does he do to rescue pip?
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham.
In Charles Dickens' "Great Expectations", Pip's benefactor, who rescued him from his creditors, is revealed to be the eccentric Miss Havisham. At the climax of the novel, Pip discovers that his mysterious benefactor is actually a wealthy spinster who took a fancy to him as a young boy and decided to support his education and advancement in life.
Miss Havisham, who was jilted at the altar many years before and has lived as a recluse ever since, used her wealth to ensure that Pip had the best education and opportunities. She also arranged for him to be trained as a gentleman, with the intention of molding him into the perfect suitor for her adopted daughter, Estella.
To rescue Pip from his creditors, Miss Havisham provides him with enough money to pay off his debts and start a new life. In this way, she helps Pip escape his difficulties and begin a new chapter in his life. Although she is a complex and often contradictory character, Miss Havisham's actions ultimately show that she had a deep affection for Pip and wanted to help him achieve his dreams.
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refer to exhibit 4.1. what is the firm's inventory turnover ratio? do not round your intermediate calculations. question 22 options: 4.69 5.30 5.58 5.77 5.53'
The firm's inventory turnover ratio 4.69. Option A is correct.
Inventory turnover ratio = Net sales / Inventories Inventory turnover ratio
⇒ = $58,500 / $12,480
Inventory turnover ratio = 4.69.
Inventory turnover is the length of time that elapses between the day a corporation purchases an item and the day it is sold. A full inventory turnover indicates that the firm sold all of the merchandise it acquired, minus the number of items lost due to damage but rather shrinkage. The pace at which inventory stock gets sold, consumed, and replaced is referred to as inventory turnover.
Divide the cost of products by the average inventory at the same period to determine the inventory turnover ratio. A larger ratio indicates good sales, whereas a lower ratio indicates dismal sales. A greater ratio, on the other hand, might imply inadequate inventory on hand, while a lower ratio can imply too much stock on hand.
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cake and ice cream are substitutes. when the price of cake goes up, what will happen to the equilibrium price and quantity of ice cream?
When the price of cake goes up, the demand for cake will decrease and the demand for ice cream will increase as consumers substitute ice cream for cake as a more affordable alternative.
This shift in demand will result in an increase in the price and quantity of ice cream. The new equilibrium price of ice cream will be higher, and the new equilibrium quantity of ice cream will be greater. The increase in price and quantity of ice cream will be proportional to the increase in the price of cake, but will be less than the increase in cake's price.
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ryanne is a tenant in a single-family home owned by dominick. what type of interest does ryanne have in the property?
Ryanne has a leasehold type of stake in the building.
Is Peter a tenant in a Cheyenne-owned single-family home?Cheyenne's single-family home has Peter as a tenant. What kind of stake does Cheyenne own in the land? Freehold: Owners of the property have a freehold stake in it.
Tenancy in common refers to what kind of ownership?Tenancy in common occurs when each co-tenant has the right to possess the entirety and has an undivided yet individual ownership part. Every co-interest tenant's is inter vivos inheritable, devisable, and alienable. When in doubt, courts always favor tenancy in common under common law.
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many employees are highly satisfied at wegmans because they want to learn more about gourmet cooking and foods, and the company provides that to them, illustrating what job satisfaction theory?
The job satisfaction theory illustrated here is the Value-percept theory
The value-percept hypothesis states that a comparison among what workers want and what their employer delivers forms the basis of work contentment. Employees frequently base their desired pay on a thorough examination of their job duties and the wages of comparable employees. The value-percept theory of job satisfaction is illustrated in the given sentence
According to this theory, employees are content when their work allows them to engage in activities and values that are meaningful to them. As a result of the company giving them the chance to learn more about gourmet cuisine and food, which they respect highly, the employees in this example are very happy with their jobs at Wegmans.
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barbara is using a test model of her firm's new inline skates to see if they work according to the design specifications. barbara is involved in
Barbara is involved in Alpha testing.
Before a product is made available to actual users or the general public, faults are found through a type of software testing called alpha testing. User acceptance testing includes alpha testing.
The only reason this is referred to as alpha testing is because it is carried out early on, close to the end of the programmed development.
Testing for user approval is alpha. Alpha testing is carried out after the product has gone through various phases of testing and has been made ready for release.
Alpha testing is the first step in determining whether a new product will function as anticipated.
Internal software QA and testing teams mostly perform this type of internal acceptance testing. Before release, internal teams conduct alpha testing at the developer's location.
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what is defined as the development of an employment position that matches your skills with the needs of an organization? this is found in the discussion of identifying job opportunitie
The development of an employment position that matches your skills with the needs of an organization is often referred to as "job fit." Job fit refers to the degree to which a person's skills, interests, and values align with the requirements and culture of a particular job or organization.
Identifying job opportunities that are a good fit can be important in helping individuals find work that they are well-suited for and that they find fulfilling. This can lead to increased job satisfaction, improved job performance, and reduced turnover. In order to identify job opportunities that are a good fit, individuals can research the duties, requirements, and culture of different organizations and compare these to their own skills, interests, and values. They can also seek out the advice of career counselors, recruiters, and other professionals who specialize in helping individuals find employment that is a good fit.
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last year coca-cola and pepsico had a combined revenue of $66 billion. if coca-cola received $14 billion more in revenue than pepsico last year, then what was the total revenue for pepsico last year? (answer in billions of dollars).
Answer:
Explanation:
Pepsi=P
Coca-Cola=C
C=P+14
their sum, C+P=66
P+14+P=66
2P=52
P=$26 billion revenue Therefore, answer is (C=$40 billion)
Two powerhouses regulates the market share of the carbonated soft drink and beverage industry: PepsiCo. Inc. (PEP) and The Coca-Cola Corporation (KO).
At the time of 2004, Coca-Cola Company has been the market leader. Coca-Cola, despite a brand value decline of 13% in 2021, remained the world’s most valued soft drink brand at $33.2 billion in 2021, to Brand as per Finance. PepsiCo. takes second at $18.4 billion. Dr. Pepper-Snapple was the fastest-growing soft drink brand with a 40% brand value increase, considered by Red Bull’s 15% will get high.
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opportunity cost part 2 a. only is considered for goods in short supply. b. is the value of all alternatives forgone as a result of choosing some given alternative. c. is the value of the next best alternative as a result of choosing some given alternative. d. either b or c.
Opportunity cost is the value of the next best alternative as a result of choosing some given alternative i.e. Option C
Opportunity costs address the potential advantages that an individual, financial backer, or business passes up while picking one option over another. Since opportunity costs are inconspicuous by definition, they can be barely noticeable. Understanding the potential botched open doors when a business or individual picks one venture over another takes into consideration better direction. The equation for ascertaining an open door cost is basically the contrast between the normal returns of every choice. Opportunity cost examination assumes a pivotal part in deciding a business' capital construction. A firm causes a cost in giving both obligation and value money to repay banks and investors for the gamble of venture, yet each likewise conveys an open door cost.
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Complete Question -
Opportunity cost
A. only is considered for goods in short supply.
B. is the value of all alternatives forgone as a result of choosing some given alternative.
C. is the value of the next best alternative as a result of choosing some given alternative.
D. either B or C.
if an organization asks you to disclose your date of birth and your address, but fails to establish any procedures for responding to customer complaints, the organization has likely violated which of the generally accepted privacy principles?
Visibility and Transparency — Keep it Open.
Privacy by Design aims to reassure all stakeholders that, subject to independent verification, whatever the business practice or technology involved is actually operating in accordance with the stated promises and objectives. Both consumers and providers may still see and understand how it works and it's component elements. Always believe but double-check. Strong security measures are vital to privacy from start to finish. Privacy by Design extends safely across the full lifecycle of the data involved since it is built into the system before the first element of information is acquired. This guarantees that all data are safely stored and promptly erased after the operation is complete. Thus, Privacy by Design guarantees end-to-end, safe information lifecycle management from birth to death.
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How do increasing education rates lead to reduced expenditures on public health programs?(1 point)
A. Increased education correlates to increased income, which reduces the demand for programs that assist low-income individuals and families.
B. It does not.
C. Educated people have a better understanding of good health-care practices and therefore require less medical care.
D. Educated people are more likely to become doctors.
Answer: A. Increased education correlates to increased income, which reduces the demand for programs that assist low-income individuals and families.
Explanation: Higher education levels are often associated with higher income levels. When individuals have higher incomes, they are more likely to have access to private health insurance and the financial means to afford healthcare services. This reduces their reliance on public health programs or assistance that are designed to help low-income individuals and families who cannot afford private insurance or medical expenses.
By increasing education rates, individuals have better opportunities for employment and higher-paying jobs. This leads to increased income levels and a reduced need for public health programs that provide financial assistance for healthcare.
nicole is learning to fly an army helicopter. she is drawing mainly on her skills. group of answer choices technical operational organizational conceptual human
Nicole is learning to fly an Army helicopter. She is drawing mainly on her technical skills.
Option a is correct .
People skills - the ability to communicate and work with others. In other words, interpersonal skills. Technical skills – skills or hard skills needed to do the job.
Management skills can be defined as certain qualities or skills that a manager must have to perform certain tasks in an organization. They include the ability to perform management tasks in the organization, avoiding crisis situations and solving problems quickly when they arise.
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The correct question is :
Nicole is learning to fly an Army helicopter. She is drawing mainly on her ____ skills.
(A) technical
(B) conceptual
(C) human
(D) organizational
(E) operational
if an american was on the verge of losing their home because they could not pay their mortgage, they could refinance their home under the .
If an American was on the verge of losing their home because they could not pay their mortgage, they could refinance their home under the homeowners act.
The two types of discrimination in house mortgage financing are differential treatment and disparate impact, and it is frequently difficult or even impossible to distinguish between the two.
Despite isolated cases of discrimination being revealed at every significant level The stages of promotion, outreach, and referral as well as loan administration have hardly ever been the subject of research in the mortgage lending process.
Paired testing (conducted by the National Fair Housing Alliance) at the mortgage pre-application stage suggests that discrimination based on differential treatment is present at considerable levels in at least some cities.
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calculate the risk premium between these two bonds for december, 2007 (beginning of great recession) and compare to the risk premium for december 2008 (in the midst of the great recession)
The risk premium in the beginning of the great recession and in the midst of the great recession is 1.66% and 1.78% respectively.
December 2007 US GS rate= 4.53
December 2008 US GS rate= 2.87
Risk premium - 1.66%
December 2007 Baa corporate bond rate=6.65
December 2008 Baa Corporate bond rate= 8.43
Risk premium - +1.78%
What Is a risk Premium?
A threat decoration is the investment return an asset is anticipated to yield in excess of the threat-free rate of return. An asset's threat decoration is a form of compensation for investors. It represents payment to investors for permitting the redundant threat in a given investment over that of a threat-free asset.
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product lines can be pruned or supplemented depending on market opportunities. select one: true false
True, product lines can be pruned or supplemented depending on market opportunities.
Product lines can be modified or adjusted based on market opportunities, which means companies can either remove certain products that are not performing well or add new products that meet the changing demands of the market. This strategy is known as "pruning" or "supplementing" the product line and it is a common practice in business management. Companies regularly evaluate their product lines to determine which products are generating the most revenue and which are not. Based on this analysis, they can decide to discontinue products that are underperforming or introduce new products to capitalize on market trends and consumer demand. By pruning or supplementing their product lines, companies can maximize profits, maintain a competitive edge, and respond to the changing needs of their customers.
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when writing your purpose statement, what should you think about?
Consider your guiding beliefs and objectives in life : To get to the core of who you are and leave out extraneous details because the mission statement should provide a solution to these questions in 50 words or fewer.
If your comment differs from someone else's, don't be concerned; every statement is unique because no two people are the same. Examples of purpose statements. Example 1: "Our mission is to encourage every family in the globe to gather for Sunday supper."
Example 2: "We exist to promote the health and welfare of our planet and all life on it." A good purpose statement should be easy to understand by stakeholders, customers, and staff. It is concise and directly focused on the needs of customers and the environment as they actually exist.
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which type of agreement would typically be implemented between two organizations who are forming an initial partnership?
When two organizations are forming an initial partnership, they typically implement a Memorandum of Understanding (MoU) or a Letter of Intent (LoI).
A Memorandum of Understanding is a non-binding agreement between two parties that outlines the terms and conditions of their partnership. It sets forth the general understanding of the parties and provides a framework for the future development of a formal agreement.
A MoU can be seen as a preliminary agreement that sets the stage for more detailed negotiations and agreements. A Letter of Intent is similar to a MoU in that it is a non-binding agreement that outlines the general terms and conditions of a partnership.
A LoI is often used in mergers and acquisitions to indicate that the parties have reached a preliminary agreement and are committed to moving forward with the transaction. Like a MoU, a LoI serves as a starting point for more detailed negotiations and agreements.
Both MoUs and LoIs are non-binding agreements, which means that they do not have the force of law and do not create any legally binding obligations. They are typically used to establish a framework for future negotiations and agreements.
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what information would you have to collect in order to build a discrete-event simulation model of a retail branch-banking operation? discuss how this model could be used to determine appropriate staffing levels for the bank
Reduce the amount of Diminish customization and data you'd need to gather to create a discrete-event simulation model.
Simulation modelling is the process of creating and analysing a digital representation of a physical model in order to predict how it will behave in real life. To better understand whether, how, and under what conditions a part could break as well as what loads it can bear, designers and engineers use simulation modelling. Simulation modelling can also be used to anticipate patterns of heat transfer and fluid flow. Simulator software is used to analyse the challenging working situations. Simulation models formally represent a part of reality. Using simulation models, managers can share and verify their theories regarding the origins of problems and potential fixes.
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ultra incorporated had $100 million in retained earnings at the beginning of the year. during the year, the firm paid $0.25 per share dividend and generated $2.00 earnings per share. the firm has 10 million shares outstanding. at the end of year, what was the level of retained earnings for gw?
At the end of the year, GW Ultra Incorporated had retained earnings of $ $117.5 million.
Retained earnings are the portion of a company's net income that is held in reserves rather than distributed as dividends to shareholders. In other words, they represent a company's total earnings that have not yet been paid out as dividends to shareholders.
Calculate the total dividends paid out: 10 million shares x $0.25 per share = $2.5 million
Calculate the total earnings: 10 million shares x $2.00 per share = $20 million
Calculate the total retained earnings: Beginning retained earnings + Total earnings - Total dividends = $100 million + $20 million - $2.5 million = $117.5 million.
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which school of management thought would be most useful to a restaurant with pizza delivery that wanted to determine the most efficient routes for each of its drivers to follow? group of answer choices administrative management management science organizational behavior systems management scientific management
management science. The study of decision-making and problem-solving in organizations is known as management science.
It can be compared to the scientific method being applied to management, giving managers the ability to decide on matters that would affect an organization's performance.
For instance, management science can be used by healthcare facilities to decide which information systems they require, and by airlines to arrange employees and aircraft.
Management science is crucial because it aids organizations in identifying problems they must resolve, streamlining management processes, making better use of resources, and creating strategies for achieving objectives.
Management science, which sprang from operations research, is interdisciplinary, involving two or more academic or professional disciplines. Engineering, game theory, psychology, project management, data science, and supply chain management are among the fields where management science interacts.
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a company headquartered in milan, has completely transferred its printing services to a company in germany because the labor and supplies are less expensive there. this is an example of
A company headquartered in Milan has completely transferred its printing services to a company in Germany because the labor and supplies are less expensive there. this is an example of outsourcing.
What is a headquarter?The word "headquarters" refers to a company's primary structure, which houses the majority of its operations. All successful enterprises must have a central office that oversees operations.
The practice of employing a third party from a different corporation to carry out tasks or produce commodities that were previously completed internally by the bank's own personnel and staff is known as outsourcing. since the cost of the labor and equipment is lower somewhere
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a product is found in homes built before 1978 the population of households and composition, price of real estate in the area, availability of mortgage credit, consumer tastes, and income of consumers are all indicators of:
Indicators of demand include the number of households, the makeup of those households, the cost of real estate in the area, the accessibility of mortgage finance, consumer preferences, and consumer income.
What are the main variables affecting the housing market's supply and demand?Several factors that affect demand include mortgage rates, population growth, actual income levels, and the need for additional space. In London, for instance, house prices increased during COVID-19 while apartment prices declined, indicating a growth in demand for outdoor space for gardening and other domestic activities.
Which of the following scenarios most accurately predicts what will occur if the housing market strengthens?In order to stabilize the real estate market, higher mortgage interest rates will be necessary if the market's demand for homes increases and more people apply for mortgages to purchase homes.
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Ramiro believes Ashlea breached their contract and plans to sue her. Informal negotiations fail. Roll over each term to read a more detailed description. Drag the steps the parties will now follow onto the timeline in the correct order.complaintsummonsanswer and counterclaimreplyjudgment on the pleadingsinterrogationsmotion for summary judgmentpretrial conference
A party has broken the terms of an agreement when they don't carry out their end of the bargain in a contract.
When one or both parties claim that the provisions of the agreement have been violated, a court will normally hear the issue. A contract is breached when an implied promise that was a condition of it is broken without justification. This includes failing to comply with any express or implied promise requirements, such as the implied assurance of merchantability, or performing below industry standards.
The proper sequence should be:
1. Complaint
2. Summons
3. Answer and Counterclaim
4. Reply
5. Judgment on the pleading
6. Interrogatories
7. Motion for summary judgment
8. Pretrial conference
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creating incentive programs that reward employee productivity and structuring pay and benefits in ways that promote a sense of fairness are tasks most often associated with i-o psychologists working in the area of
Scientist-practitioners having experience in the design, execution, and analysis of psychological research, I/O psychologists are.
They utilise their results to help solve human and organisational issues in the context of structured labour. The main goal of organisational behaviour psychology is to examine both individual and social behaviour as well as workplace routines (I/O psychologists ). This specialization's proposed design comprises of assessment and evaluation in order to improve employee job satisfaction, leadership capabilities, worker selection practises, and problem-solving abilities. The study of human behaviour is known as I-O psychology, or procedure psychology. It falls within the umbrella of applied psychology. I-O psychology may also be referred to as occupational psychology in the UK, depending on the region or country.
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suzette is the ceo of a company who forces her male assistant to perform sexual favors in exchange for increasing his salary. this is an example of multiple choice reverse discrimination. bona fide occupational qualification. quid pro quo harassment. affirmative action. labor nondiscrimination.
Suzette is the CEO of a company who forces her male assistant to perform sexual favors in exchange for increasing his salary. This is an example of c) quid pro quo harassment.
A boss asking sexual favors as a condition for employment, promotion, development, or opportunities is an example of quid pro quo sexual harassment.
A superior/higher-ranking individual wielding authority over a subordinate/lower-ranking individual by threatening to dismiss, transfer, demote, or otherwise negatively impact an employee's work life if sexual favors are not supplied or continued.
These complaints have been noticed to be often raised during appraisals and (reviews?). This specific act of sexual harassment may create thoughts of promotion as a result of satisfying their supervisor/s in ways other than worthy.
This may also instill guilt in subordinates for not pleasing their superiors or supervisors rather than making complaints about such favors or conditions, which may be inappropriate or have sexual undertones.
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Correct question:
Suzette is the CEO of a company who forces her male assistant to perform sexual favors in exchange for increasing his salary. this is an example of
a) reverse discrimination.
b) bona fide occupational qualification.
c) quid pro quo harassment.
d) affirmative action.
e) labor nondiscrimination.
leo foods is an eatery that sells organic food. it opens a number of outlets across the state, creates a website that makes ordering and take-away easy, and also does not charge a delivery fee for its regular customers. which step of the consumption chain does this scenario depict?
The given scenario depicts the distribution step of the consumption chain.
This is where the goods or products are made available to customers through a variety of channels, such as retail outlets, websites, or delivery services. In this scenario, Leo Foods opens multiple outlets, creates a website for easy ordering and take-away, and offers delivery services without charging a fee for regular customers. All of these actions fall under the distribution of their organic food products to customers.
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