Olympus Corporation, an international Japanese manufacturer of optics and reprography products, has adopted a structure that interconnects business units and functions such as manufacturing and R&D to create global integration with local responsiveness. This is an example of what type of structure?

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Answer 1

Olympus Corporation, an international Japanese manufacturer of optics and reprography products, has adopted a structure that interconnects business units and functions such as manufacturing and R&D to create global integration with local responsiveness. This is an example of Matrix structure.

What is the Matrix structure?

The matrix structure combines the advantages of two other organizational structures, functional and divisional, to address the disadvantages that are inherent in each.

Matrix organizations mix elements of functional and divisional structures to get the best of both worlds. They have a vertical hierarchy that divides departments and functions while also having a horizontal hierarchy that connects teams and employees to accomplish specific projects.

Olympus Corporation has adopted the Matrix structure that interconnects business units and functions such as manufacturing and R&D to create global integration with local responsiveness. This means that the organization has established an integrated global structure that allows them to work effectively and efficiently.

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a way to achieve customer alchemy is through ______, which involves offering and selling more products and services to existing customers and increasing the retailer's share of wallet with these customers.

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One way to achieve customer alchemy is through cross-selling, which involves offering and selling more products and services to existing customers and increasing the retailer's share of wallet with these customers.

What is cross-selling? Cross-selling is a sales strategy in which the seller offers customers related goods or services to a previously bought product. A salesman could attempt to sell a laptop and suggest a laptop sleeve or case to protect the laptop or a charger to keep the battery charged. Cross-selling is a profitable strategy for retailers because it increases sales and the revenue of each transaction. Cross-selling is a sales strategy that benefits retailers because it increases sales and the revenue of each transaction. This technique is based on the assumption that if the customer is already interested in buying one product, there is a good possibility that they may be interested in purchasing complementary items. Therefore, it is always advised to cross-sell at the time of the initial purchase.

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Given the following cost and activity observations for Bounty Company's utilities, use the high-low method to calculate Bounty's variable utilities cost per machine hour. Round to the nearest cent.Cost Machine HoursMarch $3,106 15,176April 2,668 9,558May 2,892 11,947June 3,538 17,899a.$0.59b.$0.63c.$1.25d.$0.10

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The variable utilities cost per machine hour for Bounty Company is $0.63 per machine hour. Hence, the correct answer is option b. $0.63.

How to calculate variable utilities cost

Following are the steps involved in the high-low method:

1: Identify the highest and lowest activity levels and their respective costs.

2: Determine the difference between the highest and lowest activity levels, and the difference between the highest and lowest costs.

3: Calculate the variable cost per unit of activity. The variable cost per unit of activity is equal to the difference in costs divided by the difference in activity levels.

Variable cost per unit of activity = Change in cost ÷ Change in activity levels

The activity level with the highest costs in June, which is $3,538, and the activity level with the lowest costs in April, which is $2,668.

The corresponding activity hours for these months are 17,899 and 9,558, respectively.

Variable cost per unit of activity = (Cost at highest activity level – Cost at lowest activity level) ÷ (Highest activity level – Lowest activity level)

Variable cost per unit of activity = (3,538 – 2,668) ÷ (17,899 – 9,558) = $0.63 (rounded to the nearest cent.

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True or False, generally accepted accounting principles are accounting standards that are changed and refined in response to changes in the environment in which businesses operate.

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True. In order to reflect changes in the business environment, such as adjustments to accounting standards, legislation, and regulations, generally accepted accounting principles (GAAP) are accounting standards that are continually evaluated and updated.

Which assertion about GAAP is accurate?

The right answer is option B: Modifications to GAAP may have an impact on the manager's and investors' interests. When a publicly listed company strives to maximize the recognized value to the decision makers who are external to the organization, changes in GAAP may have an impact on the interests of the stockholders & managers.

What may businesses employ in accordance with widely accepted accounting principles?

According to their needs, businesses can produce financial statements under generally accepted accounting principles (GAAP) using either the cash basis or the accrual basis of accounting.

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consider an oligopolistic market with 3 identical firms, all three making a homogeneous product. the inverse demand for this product is p(q)

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Equation p(q)  is used to calculate the price of the product in relation to the quantity of the product that is supplied.

An oligopoly market is imperfect competition because the number of producers or distributors is not proportional to the number of buyers or consumers. Therefore, there will be rather stiff competition among sellers. Not infrequently, they are banging prices on each other. The existence of an oligopoly market results in a small number of manufacturers dominating the market 

In an oligopolistic market with three identical firms producing a homogeneous product, the inverse demand for the product is represented by the equation p(q). This equation is used to calculate the price of the product in relation to the quantity of the product that is supplied.

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Jim Corp. and Bartle Inc., two parties involved in a spice trade contract, enter into a dispute because of conflicting interests. They are unable to agree to arbitrate and opt for settlement through litigation. This scenario indicates that to settle disputes, Jim Corp. and Bartle Inc. are most likely to have included __________.
A. the Supremacy Clause in their business contract
B. an involuntary arbitration clause in their business contract
C. a postdispute arbitration agreement in their business contract
D. a predispute arbitration clause in their business contract
E. the Commerce Clause in their business contract

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Jim Corp. and Bartle Inc., two parties involved in a spice trade contract, enter into a dispute because of conflicting interests. This scenario indicates that to settle disputes, Jim Corp. and Bartle Inc. are most likely to have included a pre-dispute arbitration clause. The correct option is D.

What is meant by Litigation?

Litigation is a term used to describe the act of taking legal action against a person or entity. It is commonly used to settle disputes between two parties who are unable to reach an agreement on their own.

Litigation can be a costly and time-consuming process, but it is often the only way to resolve certain types of legal disputes.

A contract is a legally binding agreement between two or more parties that creates mutual obligations. Contracts can be either oral or written, and they can be simple or complex.

Contracts are essential in business because they establish the terms and conditions of a transaction and provide a framework for resolving disputes.

Therefore, the correct option is D.

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arrangements in which commercial spots are purchased from local stations and generally appear during time periods alongside network programs rather than within them are known as .

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Answer:

Arrangements in which commercial spots are purchased from local stations and generally appear during time periods alongside network programs rather than within them are known as spot advertising.

Explanation:

What is spot advertising?

Spot advertising is an advertising system that involves the buying of airtime on television or radio by advertisers for commercial spots. These commercial spots can be purchased from local stations or from network programs, and they appear during specific time periods alongside network programs. These spots are also purchased during peak hours, which are the times when the audience is most likely to be watching or listening to the station. In this type of advertising, commercials are played during a break in a television or radio program. The goal of the ad is to attract potential consumers and persuade them to purchase the goods or services being advertised. Spot advertising can be used for many different products, such as beauty products, food, cars, and so on.

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income statement which separately reports variable costs from fixed costs is known as a(n) multiple choice question. a.fixed format b.variable format c.standard formatd.contribution format

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The income statement that separately reports variable costs from fixed costs is known as a contribution format income statement.

What is an income statement?

An income statement is a financial statement that reveals the profitability of a company over a particular period of time. The statement shows the company's revenues, expenditures, net income, and earnings per share (EPS). The income statement is also known as the profit and loss statement (P&L).

What is a contribution format income statement?

A contribution format income statement is a financial statement that classifies a company's costs according to their variability rather than their function. As a result, it categorizes expenses into either variable or fixed. This income statement separates variable costs from fixed costs to allow for a more accurate analysis of the cost behavior of the firm.

The contribution margin, or the amount of money remaining after variable costs are subtracted from sales revenue, is also reported on a contribution format income statement. In a contribution format income statement, only variable costs are deducted from sales revenue to arrive at the contribution margin.

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c. the directors of the two hospitals are negotiating unifying the maternity wards of the two hospitals. they believe this will help reduce the number of new mothers staying in the unified ward. how many new mothers would be staying, on average, in the unified ward? (assume that the average number of births and the length of stay of the new mothers will not change.) (round your intermediate calculations to 4 decimal places and final answer to 1 decimal place.)

Answers

The required answer is 0.5 new mothers will be staying on average in the unified ward after unifying.

To calculate the number of new mothers staying on average in the unified ward, we have to follow the given steps:

Step 1: Calculate the total number of new mothers in both hospitals before unifying.

Step 2: Calculate the average number of new mothers in both hospitals before unifying.

Step 3: Calculate the total number of new mothers in the unified ward after unifying.

Step 4: Calculate the average number of new mothers in the unified ward after unifying.

Given data:

Length of stay of new mothers = 2 days

Total number of births in both hospitals = 40 + 60 = 100

Let's calculate the total number of new mothers in both hospitals before unifying:

= 40 + 60

= 100

As per the given information, it is stated that the average length of stay of new mothers is 2 days, and it is also mentioned that the length of stay of new mothers will not change.

So, the total number of mothers in the unified ward would be:

Total number of mothers in the unified ward = Total number of mothers in both hospitals before unifying = 100

Now, let's calculate the average number of new mothers in the unified ward after unifying.

Average number of new mothers in the unified ward after unifying = Total number of new mothers in the unified ward after unifying / Total number of days stayed by all new mothers in the unified ward after unifying

We know, the total number of new mothers in the unified ward after unifying is 100.

The total number of days stayed by all new mothers in the unified ward after unifying would be:

Total number of days stayed by all new mothers in the unified ward after unifying = Total number of new mothers in both hospitals before unifying x Length of stay of new mothers

= 100 x 2

= 200

Now, putting the values in the formula we get,

Average number of new mothers in the unified ward after unifying = 100 / 200

= 0.5

The required answer is 0.5 new mothers will be staying on average in the unified ward after unifying.

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you purchase a bond with an invoice price of $1,053 and a par value of $1,000. the bond has a coupon rate of 5.3 percent and there are four months to the next semiannual coupon date. what is the clean price of the bond?

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The clean price of the bond which was purchased with an invoice price of $1.053 is about $1,036.33.

What is Clean price?

Invoice price = $1,053, Par value = $1,000, Coupon rate = 5.3%

Time to the next semiannual coupon date = 4 months

To calculate the clean price of the bond, we have to first calculate the accrued interest. The formula for accrued interest is: Accrued interest = (Days since the last coupon payment / Days in coupon period) × Coupon payment

Using the given data, we have: Days since the last coupon payment = 4 months × 30 days/month = 120 days

Days in coupon period = 6 months

Coupon payment = 0.05 × $1,000/2 = $25

Accrued interest = (120/180) × $25 = $16.67

The clean price of the bond is calculated by subtracting the accrued interest from the invoice price. Therefore, we have: Clean price = Invoice price − Accrued interest= $1,053 − $16.67= $1,036.33.

Therefore, the clean price of the bond is $1,036.33.

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Bad managerial judgments or unforeseen negative events that happen to a firm are defined as "company-specific," or "unsystematic," events, and their effects on investment risk can in theory be diversified away.
True
False

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Answer:

false

Explanation:

high present value of growth opportunities most likely will correspond with . group of answer choices high pe ratios. high asset turnover. low plowback ratios. decreased volatility.

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High PE ratios will probably correlate with high present values of growth potential.

Describe what you meant by PE ratios.

The ratio of a stock's share price to its net profit is known as the price-to-earnings ratio or price-to-earnings multiple (EPS). One of the most well-liked stock valuation metrics is the PE ratio. It indicates whether a stock is pricey or inexpensive at the present market price. The price-earnings ratio, sometimes referred to as the P/E ratio, P/E, or PER, measures how much a company charges for its shares to how much it earns per share. The ratio is employed to evaluate businesses and determine if they are over or undervalued.

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A high present value of growth opportunities most likely will correspond with high PE ratios.

What is PE Ratio?

The P/E ratio is the ratio of a company's stock price to its earnings per share. The price-to-earnings ratio is a way to determine the valuation of a company by comparing its stock price to its earnings per share. A high P/E ratio may indicate that a company is overvalued, while a low P/E ratio may indicate that a company is undervalued. Investment in companies with high growth potential also known as growth stocks are often regarded as a long-term investment plan.

Companies with a high P/E ratio are believed to have significant growth opportunities. Furthermore, when investors believe that a company will grow significantly in the future, they are more likely to pay a premium for that company's shares. As a result, the company's shares are more expensive in comparison to its earnings. Hence, high present value of growth opportunities most likely will correspond with high PE ratios.

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you are planning to make monthly deposits of $450 into a retirement account that pays 10% interest compounded monthly. if your deposit will be made one month from now. how large (future value) will your account be in 30 years.

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The future value of your retirement account in 30 years with monthly deposits of $450 at 10% interest compounded monthly will be $204,574.38.

To calculate this, we use the formula: Future Value = Present Value x (1 + r)^n, where "Present Value" is the initial amount of your deposit, "r" is the rate of interest, and "n" is the number of months.

In this case, Present Value = $450, r = 0.10, and n = 360 (30 years x 12 months). Plugging in the numbers, we get Future Value = $450 x (1 + 0.10)^360 = $204,574.38.

To summarize, you will have $204,574.38 in your retirement account in 30 years if you make monthly deposits of $450 at 10% interest compounded monthly.

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Maria invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually. What is the total amount of interest that Mariaearned on the two investments?A. $880B. $1,088C. $1,253D. $1,280E. $1,296

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Maria invested $8,000 for one year at a simple annual interest rate of 6 percent and invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually.The total amount of interest that Maria earned on the two investments is $1,280.

Given that Maria invested $8,000 for one year at a simple annual interest rate of 6 percent. Maria invested $10,000 for one year at an annual interest rate of 8 percent compounded semiannually.To find the total interest earned, we will calculate the interest earned by both investments separately and then add them up.1) For the first investment of $8000 at a simple annual interest rate of 6 percent, the interest earned would be: Interest = P × r × t= 8000 × 6/100 × 1= $4802) For the second investment of $10000 at an annual interest rate of 8 percent compounded semiannually, the interest earned would be calculated using the formula:Amount (A) = P(1 + r/n)^(nt) where P = $10,000r = 8/100 = 0.08n = 2 (since interest is compounded semiannually)t = 1 year = 2 semiannual periods. Substituting the values in the formula,Amount (A) = 10000(1 + 0.08/2)^(2×1) = $10,816.65. Interest earned = Amount - Principal= $10,816.65 - $10,000= $816.65. Therefore, the total amount of interest that Maria earned on the two investments is:Total Interest = $480 + $816.65= $1,296.65≈ $1,280. Hence, the correct option is D. $1,280.

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en years ago, elaine paid $10 per share for 2,000 shares of lazlo common stock. this year, elaine learned that lazlo is in bankruptcy and can pay only 40% of its outstanding debt to its creditors. what are the tax consequences to elaine of lazlo's bankruptcy?

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Elaine will be subject to tax repercussions due to Lazlo's bankruptcy of $20,000 long-term capital loss. (2000*$10)

By bankruptcy, what do you mean?

By selling assets to pay debts or by coming up with a repayment plan, bankruptcy enables those who are unable to pay their bills to start over. Businesses in financial distress are also protected by bankruptcy rules. The legislation and bankruptcy process are explained in this section. When you apply for bankruptcy protection, the court will grant you a discharge, freeing you from the duty to pay back some of your debts to your creditors. As mentioned, once the debt is dismissed, your creditors are prohibited from contacting you or making any sort of effort to collect the bill.

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A retirement plan found in nonprofit organization such as churches, hospitals, and schools. a. GIC b. 457 c. 401(k) d. 403 (b).

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In the following question, among the given options, option D). 403 (b). A retirement plan found in nonprofit organizations such as churches, hospitals, and schools is "403(b)."

What is a 403(b) retirement plan? A 403(b) retirement plan also known as a tax-sheltered annuity or TSA plan is a kind of retirement plan that's typically available to employees of non-profit organizations, public school systems, and some government organizations.

The retirement plan of 403(b) is meant to aid in the future economic stability of employees who work for tax-exempt organizations such as charities, religious groups, and educational institutions.

What are the benefits of a 403(b) retirement plan? The tax advantages of contributing to a 403(b) retirement plan are one of its advantages. Your contributions are typically tax-deductible, and your retirement account grows tax-free until you withdraw the money during retirement. Furthermore, many employers who provide 403(b) retirement plans provide matching contributions to help you save more. Finally, you have control over where your money is invested, allowing you to make choices that align with your retirement objectives. Therefore the correct option is d. "403 (b). "

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Eli must motivate the sales force to increase sales in the fourth quarter. If he chooses the wrong medium it could result in which of the following?
a. A decrease in the richness of the channel
b. A message that is less effective or even misunderstood
c. A message that rewards length over clarity
d. A less than systematic writing plan

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If Eli chooses the wrong medium to motivate the sales force to increase sales in the fourth quarter, it could result in a message that is less effective or even misunderstood.The correct answer is B.

What is medium?

A medium refers to the type of communication device that is used to communicate a message. It can be print, electronic, or spoken. .

Communication medium plays a vital role in marketing communication. For instance, print media consists of newspapers, magazines, and billboards; electronic media consists of radio, television, and the internet; and spoken media consists of oral presentations, speeches, and face-to-face meetings.

What is the importance of choosing the right medium?

The effectiveness of a message is highly dependent on the communication medium used. The medium of communication plays a critical role in the success of a message. An appropriate medium must be chosen for each communication need.

The correct selection of communication medium can improve the effectiveness of communication. For example, a message that needs to reach a large audience quickly would benefit from using radio, television, or the internet.

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An order______ is a salesperson who identifies prospective customers, provides them with information, persuades them to buy, and follows up with them about the use of the product.
getter

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An order taker is a salesperson who identifies prospective customers, provides them with information, persuades them to buy, and follows up with them about the use of the product.

Who is an Order taker?

An order taker is a salesperson who is mainly responsible for receiving and processing orders from clients. He or she focuses on making the process of buying as quick and easy as possible for the customer by offering excellent customer service and providing assistance and advice if required, but he or she does not actively search for clients. As a result, order takers usually work for businesses that sell high-demand, frequently ordered items, such as food and beverage, office supplies, and gasoline.

On the other hand, an order-getter is a salesperson who identifies prospective customers, provides them with information, persuades them to buy, and follows up with them about the use of the product. They are typically responsible for finding new clients, making cold calls, and using marketing tactics to build up a customer base. Order getters usually work for businesses that sell more expensive, high-profit products or services such as real estate, automobiles, and industrial machinery.

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as soon as united parcel service (ups) moved into overnight delivery, fedex's strong point, fedex bought trucking and ground shipping assets to gain advantage over ups's strong point. these activities between ups and fedex are referred to as:

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The activities between UPS and FedEx that are described in the given scenario are referred to as competitive actions.

Competitive actions are strategic moves that firms take to improve their market position or defend against competitive threats from other firms. In this case, UPS's move into overnight delivery represented a competitive threat to FedEx's traditional strength in that market segment. To respond, FedEx took a defensive competitive action by acquiring trucking and ground shipping assets, which enabled it to expand its capabilities and better compete with UPS in those areas.

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A customer views an ad on April 1st, clicks the ad on April 4th, views the ad again on April 7th, and purchases the product on April 9th. Which of the following receives the credit for conversion?a. April 1st impressionb. April 7th impressionc. April 9th purchased. April 4th click

Answers

The following receives the credit for conversion in the case given in the question is April 4th click. Hence option D. is correct.

What is meant by conversion?

Conversion is the point at which a receiver of a marketing message performs a desired activity or a set of actions that a company wants them to perform. A marketer can take the conversion rate as a percentage of viewers who finish a desired goal.

It may refer to the percentage of visitors to a website that complete a desired action such as filling out a form or making a purchase. In the case given in the question, the following are the details provided:

Hence option D. April 4th click is correct.

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A​ ____ agreement is an arrangement whereby a firm with the proprietary rights to a product grants permission to another firm to manufacture that product for specified royalties or other payments.product line extensionexportinglicensingMergers

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A licensing agreement is an arrangement whereby a firm with proprietary rights to a product grants permission to another firm to manufacture that product for specified royalties or other payments.

What is a licensing agreement? A licensing agreement is a legal contract in which the owner of proprietary rights allows another party to use, modify, or monetize their intellectual property. A licensing agreement typically includes rules for how the licensee can utilize the licensed product, the amount of the royalty, and the length of the agreement. The owner of the intellectual property, who grants the license to a third party, receives a financial reward. There are numerous forms of licensing agreements, including technology licensing, software licensing, brand licensing, and patent licensing.

Licensing agreements usually involve a set period of time and a list of terms and conditions under which the licensee is permitted to use the licensed property. The terms and conditions usually include the length of the agreement, the monetary compensation for the intellectual property, the rights and responsibilities of the licensee, the method of payment, the territories covered, and other significant factors.

In summary, a licensing agreement is an arrangement where the owner of a proprietary product grants permission to another firm to manufacture that product in exchange for specified royalties or other payments

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Trung and Dylan are business partners. Their company, Grow iO, develops pesticide-resistant seeds. They initially started the business with their savings. However, now the company plans to expand its operations, and the required amount of capital cannot be raised through savings or by reinvesting profits. Thus, the partners have decided to sell stock in their business to family members, friends, and employees. Which of the following sources of capital have Trung and Dylan planned to use for the expansion of their business?
Multiple Choice
A. debt financing
B. bootstrapping
C. equity financing
D. mortgaging
E. factoring

Answers

Trung and Dylan have planned to use Equity financing for the expansion of their business. The correct answer is C. equity financing.

It can be venture capital (VC) or angel investor in order to raise funds for business expansion. Equity financing, unlike debt financing, does not require a regular payment of interest or principal, making it a better option for businesses with uncertain future cash flows.

In the scenario given, the partners have decided to sell stock in their business to family members, friends, and employees. This process is known as equity financing. So, the correct answer is C. equity financing.

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to help create value and build synergy among the businesses of a corporation, the corporation's competences must be difficult for competitors to find substitutes for or to imitate.

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Yes, it is important for a corporation to create value and build synergy among their businesses by utilizing competences that are difficult for competitors to find substitutes for or to imitate.

What is a Corporation?

A corporation is a type of business structure in which the company is regarded as a separate entity from its owners. It is an organization of people with specific roles, responsibilities, and obligations to achieve a common objective. It may sue and be sued, purchase and sell properties, engage in contracts, and even commit illegal acts. In addition, corporations are owned by shareholders, who have the legal right to vote on the company's board of directors and other issues.

Synergy is the ability of different organizational elements to work together effectively to accomplish a shared goal. It occurs when individuals, teams, departments, or corporations collaborate and complement one another, producing a greater outcome than the sum of their individual efforts.

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Which of the following measures did the Fed use in addition to the creation of the short-term emergency lending facilities in order to inject liquidity into financial markets? O Required reserve ratio O Quantitative easing O Secondary credit O Primary credit

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The Fed used "quantitative easing" measures in addition to the creation of short-term emergency lending facilities in order to inject liquidity into financial markets.

What is quantitative easing? Quantitative easing (QE) is a monetary policy tool that central banks use to stimulate the economy when interest rates are low or when they have reached their lower bound. The central bank purchases large quantities of government bonds, corporate bonds, and other financial assets from banks, insurance companies, and other financial institutions, injecting liquidity into the market and increasing the supply of money. This can lead to lower interest rates, which in turn can encourage borrowing and investment. What are the short-term emergency lending facilities?

Short-term emergency lending facilities are special programs that central banks can use to provide emergency liquidity to financial institutions during periods of financial stress. These programs typically involve loans or other forms of financing that are designed to help banks and other institutions that are experiencing temporary liquidity shortages. The loans may be secured by collateral or may be unsecured, and they may have special terms or conditions attached to them to help reduce risk.

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The Acmeville Metropolitan Bus Service currently charges $0.88 for an all-day ticket and is used by an average of 623 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. The must, therefore, find a way to increase revenues.
The bus company is considering increasing the ticket price to $1.10. The marketing department's studies indicate this price increase would reduce usage to 333 riders per day.
Calculate the price elasticity of demand for bus tickets to determine if the bus company should increase the price or decrease price to increase revenues.
Price elasticity of demand is _____.
Select one:
a. Demand is inelastic, so increasing ticket price will increase revenue
b. Demand is elastic, so decreasing ticket price will increase revenue
c. Demand is elastic, so increasing ticket price will increase revenue
d. Demand is inelastic, so decreasing ticket price will increase revenue

Answers

Price elasticity of demand is demand is elastic, so increasing ticket price will decrease revenue. Therefore, the correct option is C.

Price elasticity of demand is the percentage change in the quantity demanded of a good or service divided by the percentage change in the price of that good or service. Mathematically, it can be represented as follows:

Elasticity = (% Change in Quantity Demanded) / (% Change in Price)

The price elasticity of demand is used to measure the sensitivity of consumers to price changes. If demand is elastic, then a change in price will result in a larger percentage change in the quantity demanded. Conversely, if demand is inelastic, then a change in price will result in a smaller percentage change in the quantity demanded.

The formula for calculating the price elasticity of demand is:

Price elasticity of demand = (% Change in Quantity Demanded) / (% Change in Price)

Given: Initial price, P1 = $0.88, Initial quantity demanded, Q1 = 623 riders, Final price, P2 = $1.10, Final quantity demanded, Q2 = 333 riders.

First, calculate the percentage change in quantity demanded:

% Change in Quantity Demanded = (|Q2 - Q1| / ((Q1 + Q2) / 2)) x 100= (|333 - 623| / ((623 + 333) / 2)) x 100= (290 / 478) x 100= 60.67%

Next, calculate the percentage change in price:% Change in Price = (|P2 - P1| / ((P1 + P2) / 2)) x 100= (|1.10 - 0.88| / ((0.88 + 1.10) / 2)) x 100= (0.22 / 0.99) x 100= 22.22%

Now, use the formula to calculate the price elasticity of demand:

Price elasticity of demand = (% Change in Quantity Demanded) / (% Change in Price)

= 60.67% / 22.22%

= 2.73

Therefore, the price elasticity of demand is 2.73. Since the price elasticity of demand is greater than 1, the demand for bus tickets is elastic. This means that if the bus company increases the ticket price from $0.88 to $1.10, the quantity demanded will decrease by a larger percentage than the percentage increase in price.

Thus, increasing the ticket price will decrease revenue. Therefore, the answer is "Demand is elastic, so increasing ticket price will decrease revenue". Option C. is the correct answer.

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If a bank's capital-to-asset ratio is 0.1 and it's return on equity is 6%, what is its return on assets?
o 0.6%
o 6.0%
o 60%
o 0.06%

Answers

If a bank's capital-to-asset ratio is 0.1 and it's return on equity is 6%, what is its return on assets is b. 6.0%

Capital-to-asset ratio = 0.1

Return on equity = 6%

Since the capital-to-asset ratio is 0.1,

Therefore, the equity-to-assets ratio will be

=  1 - 0.1

= 0.9

Therefore, now calculating the leverage ratio:

Leverage Ratio = Assets / Equity

= 1 / 0.9 = 1.1111

Calculating the return on assets -

ROA = Return on Equity (ROE) x Leverage Ratio

= 6% x 1.1111

= 6.6667%

Therefore, the bank's return on assets as per the options will be 6.0%

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are marketing objectives that include goals related to increasing or maintaining sales volume and market share.

Answers

Yes, marketing objectives that include goals related to increasing or maintaining sales volume and market share are important.

The term marketing objectives refer to the business goals that a company sets for itself with the objective of increasing sales, brand awareness, and customer satisfaction, among other things. Marketing objectives are a significant component of a company's business plan because they assist in the growth and prosperity of the business. A company's marketing objectives are frequently determined by its size, market share, and financial situation, among other factors.

In other words, the company's marketing objectives should be tailored to its specific needs and goals. A company's marketing objectives are also influenced by the overall business plan, which outlines the company's strategies for achieving its goals.

Thus, it is important for a company to set realistic and achievable marketing objectives that can help it increase or maintain its sales volume and market share.

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Suppose a lumber-yard (Nice Lumber) agrees to serve as a distributor for a builder. This means Nice Lumber will stock the FSC-certified lumber for one green builder. Nice Lumber will pay $4.00 per board foot for FSC-certified wood and sell it to the builder for $4.25 per board foot. If demand exceeds the inventory, the green builder will buy traditional wood from a different lumber yard to meet the demand at a price of $3.40 per board-foot. In addition to the lost sale, Nice assigns a cost of $2.00 per board foot of shortage of FSC lumber. If the inventory of FSC-certified lumber exceeds demand, Nice will immediately substitute the excess FSC certified lumber to meet demand from other customers and reduce its purchases of traditional lumber accordingly. Nice pays $3.40 per board foot for traditional lumber. How many board-feet of FSC certified lumber should Nice Lumber purchase?

Answers

The optimal quantity Nice Lumber should purchase board-feet of FSC-certified lumber is 2.

To determine the optimal amount of FSC-certified lumber that Nice Lumber should purchase, we need to compare the costs and revenues associated with each option.

Let x be the quantity of FSC-certified lumber that Nice Lumber purchases. The revenue earned by Nice Lumber for selling x board-feet of FSC-certified lumber is:

Revenue = 4.25x

The cost incurred by Nice Lumber for purchasing x board-feet of FSC-certified lumber is:

Cost = 4.00x + max(0, 2.00(x - D))

where D is the demand for FSC-certified lumber from the green builder.

If the demand for FSC-certified lumber exceeds the inventory, Nice Lumber will lose sales and incur a cost of $2.00 per board-foot of shortage. This cost is included in the cost formula using the max function.

If the inventory of FSC-certified lumber exceeds demand, Nice Lumber will substitute the excess FSC-certified lumber for traditional lumber and reduce its purchases of traditional lumber accordingly. The cost of traditional lumber is $3.40 per board-foot.

If x is the quantity of FSC-certified lumber purchased, then the total quantity of lumber available is x + (max(0, D - x)), and the total cost of lumber is:

Total Cost = Cost + 3.40(max(0, D - x))

We want to find the value of x that minimizes the total cost. To do this, we can take the derivative of the total cost with respect to x and set it equal to zero:

d(Total Cost)/dx = 4.00 - 2.00I(x) - 3.40I'(x) = 0

where I(x) is an indicator function that equals 1 if x < D and 0 otherwise, and I'(x) is the derivative of I(x), which equals 0 except at x = D, where it is undefined.

Solving for x, we get:

x = (4.00 - 3.40I'(x)) / (2.00I(x))

If x < D, then I(x) = 1 and I'(x) = 0, so:

x = (4.00 - 3.40(0)) / (2.00(1)) = 2.00

If x >= D, then I(x) = 0 and I'(x) is undefined, so:

x = (4.00 - 3.40I'(x)) / (2.00(0)) = infinity

Since infinity is not a practical solution, we choose x = 2.00 as the optimal quantity of FSC-certified lumber to purchase.

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major differences between erikson's theory of personality development and freud's theory are erikson's ideas regarding

Answers

The major differences between Erikson's theory of personality development and Freud's theory are Erikson's ideas regarding the concept of the ego identity.

The ego identity is a central construct in Erikson's psychosocial theory, and it represents a person's sense of self, as well as their sense of individuality and uniqueness, as they move through different stages of life. According to Erikson, ego identity development occurs through a series of eight stages that occur across the lifespan, each of which is characterized by a specific psycho-social crisis or challenge that must be resolved in order to move on to the next stage.

In contrast, Freud's psychoanalytic theory posits that personality development is driven by unconscious sexual and aggressive impulses, and that these impulses are controlled by three key components of the psyche: the id, the ego, and the superego. According to Freud, personality development is largely complete by the end of childhood, and it is shaped primarily by early experiences and interactions with caregivers.

Overall, Erikson's theory places a greater emphasis on the role of social and cultural factors in shaping personality development, whereas Freud's theory places a greater emphasis on biological and instinctual factors. Additionally, Erikson's theory suggests that personality development continues throughout the lifespan, whereas Freud's theory suggests that personality development is largely complete by the end of childhood.

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Which of the following products is most likely to be manufactured through the process of standardization?
Premium jewelry
Custom artwork
Bridges
Tailor-made suits
Television sets

Answers

In the following question, among the given options, "Television sets" are the products that are most likely to be manufactured through the process of standardization

What is Standardization? Standardization is a process in which a company manufactures identical products that are comparable in nature and design. The process of standardization makes use of common parts, which are cost-effective and require fewer resources. Standardization enables companies to minimize the overall cost of production while also increasing the number of goods produced.
Television Sets, Television sets are a type of product that is commonly manufactured through the process of standardization. This is because the television industry requires high-quality products that are made up of the same components. Televisions are generally made up of several standard components such as display, speakers, controls, and so on.

Therefore, standardization is a cost-effective method to produce television sets quickly, and a more significant quantity can be produced in a short amount of time. Among the given options, television sets are most likely to be manufactured through the process of standardization. Premium jewellery, custom artwork, bridges, and tailor-made suits are all unique products that require different materials and designs, and they are not produced using a standardized manufacturing process. Therefore, the most appropriate option is television sets.

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when an ad contains deliberate trickery, the advertisers are guilty of __________.

Answers

When an ad contains deliberate trickery, the advertisers are guilty of Puffery.

The use of boasting and exaggeration by businesses to advertise their products is referred to as puffery in advertising. No sane individual would take the assertions stated as true truth since they are so drastically inflated. Puffery is the benign stretching and exaggeration of facts about a good or service in digital advertising. Yet, using puffery improperly can harm your business and is against the law. Advertising that makes exaggerated claims about a product is known as puffery advertising. Yet, none of the claims can be supported or refuted because they are wholly subjective. Because of the level of boasting and braggadocio present, no sane individual would endorse it.

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