Answer:
c. right to education
Explanation:
The United Nations Convention for Contracts on International Sale of Goods (CISG) refers to an international trade agreement for the sales of goods in the international market. The Contracts for the International Sale of Goods (CISG) was adopted at the Vienna Convention in 1980.
The main purpose of the international trade agreement is to eliminate or remove any barrier arising from the various domestic laws put in place by different countries with respect to international sales of goods or products.
Also, the Contracts for the International Sale of Goods (CISG) establishes a set of rules to govern and regulate the making and performance of commercial contacts between a buyer and a seller of goods.
The right to education on a particular goods or service is a consumer right recognized by the United Nations (UN).
Additionally, the international trade agreement has helped to make the international sales of goods to be less cumbersome, unambiguous and mitigated the chances of dispute among countries.
A decrease in the money supply may __________ total expenditures and thus __________ aggregate demand.
Answer:
Lower; lower.
Explanation:
The Federal Reserve System ( popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
The buying and selling of bonds government owned by the Federal Reserve (Fed) is generally referred to as open market sales.
An open market sale of U.S. Treasury securities by the Fed will cause the Banking System's balance sheet not to show a net change in liabilities or assets but only a change in the composition of assets with securities increasing while causing a decrease in the reserves of thecountry.
Basically, an open market sales increase money supply and as such making more money to be in circulation and in the economy
However, a decrease in the money supply in a country may lower total expenditures and thus lower (decrease) aggregate demand of goods and services for the population.
Answer:
A decrease in the money supply may lower total expenditures and thus lower aggregate demand.
For a downward-sloping demand curve, all other things remaining constant, a rightward shift of the supply curve _____
Answer:
Increase equilibrium quantity and equilibrium price would fall
Explanation:
A change in price of a good leads to a movement along the supply curve and not a shift of the supply curve.
Other factors other than a change in the price of the good would lead to a shift of the supply curve. Such factors include :
1. A change in the price of input
2. A change in the number of suppliers
3. Government regulations
Equilibrium price is the price at which quantity demand equal quantity supplied.
If there is a rightward shift of the supply curve, it means that there is an increase in supply. As a result, there would be an increase equilibrium quantity and equilibrium price would fall.
In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have _____. Multiple choice question. received significant financial aid to facilitate sports development and participation gained the ability to produce and distribute sport content and commentary turned to traditional content such as newspaper reports gained entry into professional athletic and sports teams
Answer:
gained the ability to produce and distribute sport content and commentary.
Explanation:
In the context of sports, with the recent proliferation of mobile devices and growing connectivity, many people have gained the ability to produce and distribute sport content and commentary.
Using marketing to promote the idea that a company is more socially responsible than it actually is can be described as ______.
Answer:
Greenwashing
Explanation:
Greenwashing is the process of using marketing to promote the idea that a company is more socially responsible than it actually is. It is the process of passing a false impression or providing false information about how a company's products are more environmentally sound.
Greenwashing can also be called green sheen. It is used to deceive consumers into believing that a company's products are environmentally friendly by providing misleading information about the product.
Greenwashing is considered an unsubstantiated claim to deceive consumers into believing that a company's products are environmentally friendly.
Earline rented a drilling machine from Quatero Rental Corp. While Earline was drilling as instructed by the product manual, the drill bit snapped and injured her seriously. A thorough examination of the broken drill bit showed that it had a flaw that caused it to snap under intense heat or pressure. Under these circumstances, Quatero will _____.
Answer:
The options are
A. be held liable for Earline's injuries because a bailment for the sole benefit of the bailee was created
B.be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
C.not be held liable for Earline's injuries because both Quatero and Earline share mutual benefits from the bailment
D.not be held liable for Earline's injuries because it is a private contract carrier and is held to a lower level of responsibility
The Answer is B. be held liable for Earline's injuries if it knew of the flaw in the drilling machine when it rented it to Earline, but failed to warn her of the defect
The drilling machine having a fault and Quatero Rental Corp. being aware of it and not telling Earline about it means the company is at fault and will be held liable for any form of injury or death it poses. This is because it’s their responsibility to ensure goods and services being rendered are safe for use and consumption and it applies to all companies.
For purposes of computing the weighted average number of shares outstanding during the year, a transaction that must be treated as if it occurred at the beginning of the year is:
Answer:
The answer is option d. 367,500.
Determine the weighted-average number of shares outstanding as of December 31, 2018.
In analyzing the differences among Theories X, Y, and Z managers, it is appropriate to determine that Multiple Choice Theory Z managers believe that employees prefer to be directed. Theory Z managers understand that workers prefer to work by themselves, and will do their best work individually rather than with a team. Theory Z managers believe that getting employees more involved in work-related decisions will generally increase productivity. Theory Z managers believe that decision making is not part of an employee's responsibilities.
Answer:
Theory Z managers believe that getting employees more involved in work-related decisions will generally increase productivity.
Explanation:
In simple words, Theory Z can be understood as the management strategy that combines American as well as Japanese managerial concepts and is characterized by tight job stability, consensus policy making, delayed assessment and advancement processes, and personal responsibility inside a group setting, among other things.
Power that is derived from a person's official standing within a workplace is commonly referred to as ______ power.
Answer:
Legitimate
Explanation:
Power that is derived from a person's official standing within a workplace is commonly referred to as legitimate power.
A Virginia county is considering whether to pay $50,000 per year to lease a prisoner transfer facility in a prime location near Washington, D.C. They estimate it will cost $50 per prisoner to process the paperwork at this new location. The county is paid a $75 commission for each new prisoner they process. If the holding area at this new location has design and effective capacities of 10,000 and 7,500 prisoners processed annually, respectively, and 5,000 prisoners will be processed per year, what will be the utilization of the holding area
Answer:C. $50,000
Total revenue would be $300,000. Total cost would be $250,000 (fixed = $50,000; variable = $200,000).
Explanation:
The obligation, placed on employees through delegation, to perform assigned tasks satisfactorily and be held accountable for the proper execution of work is the definition of ______.
Pam is a partner in CRL Brokerage. Her liability is limited to the amount of money she has invested. What type of partner is Pam
Answer: Associate broker or
Explanation:
The higher the interest rate, the other the_____ will be
A. Length of time until the investment doubles
B. Future value of money
C. Inflation rate
D. Present value of
A company calculated the predetermined overhead based on an estimated overhead of $70,000, and the activity for the cost driver was estimated as 2,500 hours. If Product A utilized 1,350 hours and Product B utilized 1,100 hours, what was the amount of overhead assigned to the products
Answer:
$68,600
Explanation:
Activity Based Overhead Rates = Estimated Overhead / Expected Use of Cost Drivers per Activity (Hours)
Activity Based Overhead Rates = $70,000 / 2,500
Activity Based Overhead Rates = $28
Overhead Assigned = Overhead Rate * Hours Utilized
Product A Overhead Assigned = $28 * 1,350 hours
Product A Overhead Assigned = $37,800
Product B Overhead Assigned = $28 * 1,100 hours
Product B Overhead Assigned = $30,800
Total Overhead Assigned = Product A Overhead Assigned + Product B Overhead Assigned
Total Overhead Assigned = $37,800 + $30,800
Total Overhead Assigned = $68,600
the world price of a good or service is below the equilibrium price of that good or service, the country being analyzed will ______________________ (import, export) the good or service. As a result, consumer surplus ______________________ (increases, decreases), and producer surplus ______________________ (increases, decreases). Total surplus ______________________ (increases, de
Answer:
import
increases
decreases
unchanged
Explanation:
If the world price of a good or service is below the equilibrium price of that good or service, it means that the world is more efficient in the production of that good. So, the country being analysed should import the good.
If the country imports the good, prices would fall. As a result, consumer surplus increases and the producer surplus decreases. total surplus remains unchanged
Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.
Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product
Total surplus = Consumer surplus + Producer surplus
Which feature of a customer relationship management (CRM) application assists with tasks such as controlling inventory and processing orders
Answer:
knowledge management
Explanation:
A customer relationship management individual user knowledge management component aids with activities like inventory control as well as production process.
Knowledge assets of an institution's knowledge and information being created, shared, used, and managed. It is a multimodal approach to achieving organisational goals via the most effective use of knowledge.
Required: Journal entry
Issued a cheque of Rs.39000 to Saurya stores in full settlement
please help me
Answer:
If a cheque was being issued to settle a account payable, the relevant entry is to debit the accounts payable account to show that the debt is being reduced. You will then credit the cash account to show that cash is being reduced as well because it was used to pay off the debt.
Date Account Title Debit Credit
XX-XX-XXXX Accounts Payable - Saurya Stores Rs. 39,000
Cash Rs. 39,000
Laws regulating conduct between private parties in matters like contracts, business, and domestic relations are called
Answer:
civil law
Explanation:
part of a country's set of laws which is concerned with the private affairs of citizens, for example marriage and property ownership, rather than with crime.
According to RET, unanticipated changes in the price level, or ______, cause temporary changes in real output.
Answer:
price-level surprises
Explanation:
Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. Also, the price of goods and services are primarily being set by the seller or service provider.
In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.
The rational expectations theory (RET) is an economic theory which states that consumers would always make decisions based on the best information that is made available to them at a given time.
According to rational expectations theory (RET), unanticipated changes in the price level, or price-level surprises would cause temporary changes in real output. Thus, macroeconomic policy such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels are ineffective in both the short run and long run
Doris is a member of a team that works to seamlessly execute a large company’s annual shareholder meeting and quarterly board meetings on an ongoing basis. Doris is an employee in the investor relations department of the company. The team also includes Don from IT, Sally from Communications, Editha from event management, Saul from security, Tony from catering, Rob from transportation services and Lola from Marketing. This team is an example of what kind of team?
Answer: Cross functional team
Explanation:
Cross functional team could be defined as a team of people from their parent department in an organization, coming together to work for another purpose. This is a scenario were people in addition to their existing department's in organization work for another function. This works for short term committee, to meet up a project or task.
On March 12, Klein Company, Inc. sold merchandise in the amount of $7,800 to Babson Company, with credit terms of 2/10, n/30. The cost of the items sold is $4,500. Klein uses the perpetual inventory system. On March 15, Babson returns some of the merchandise. The selling price of the returned merchandise is $600 and the cost of the merchandise returned is $350. The entry or entries that Klein must make on March 15 is:
Answer:
Date Account Title Debit Credit
March 15, Sales returns and allowances $600
Accounts Receivable $600
Merchandise Inventory $350
Cost of Goods Sold $350
Marvelous Motor Works sells vehicles directly to businesses for use in their companies. Marvelous Motor Works has a manager for each type of vehicle it sells (cars, trucks, and delivery vehicles). The salespeople for each product report directly to his or her manager but may also consult the financing department and legal department to handle issues relating to financing and liability issues. This is an example of a(n) ______ organization.
Answer:
Line and staff organization
Explanation:
Marvelous Motor practice line and staff organization.
Line and staff organization refers to when specific and supportive roles are attached to the line of command by assigning staff supervisors and staff specialists who are attached to the line authority.
The executives(managers of each type of vehicle) holds the power of command and staff supervisors(financial and legal department) guides, advices and council the line executives.
Last summer, Fabia applied for three jobs. The first required a resume, but nothing else. The second required both a resume and a long personal statement. The third required a resume and indicated that a long personal statement was optional (recommended but not required; Fabia went ahead and wrote one anyway). Suppose that Fabia was turned down by all three jobs. Which rejection was she probably MOST upset about
Answer:
The rejection by the third job
Explanation:
Resumes
This is simply known as the normal means or method of an introduction to potential (assumed) employer. it containsmore relevant/more accurate information about the person and it is resume used as a basis for deciding which candidates to investigate further. The resume of candidates shows if identifies candidates meeting requirements.
There are various steps taken by the selection process in every organizations during employment exercise. They includes
1. Screening applications and resumes
2. Testing and reviewing work samples
3. Interviewing candidates
4. Checking references and background
5. Lastly, making a selection
The third one will be the most painful one to her as she has put more work into it than the rest.
________ is an external factor associated with change.New equipment Unselected Changing technology Unselected Changing employee attitudes Unselected Change in the composition of the workforce
Answer:
Changing technology
Explanation:
When Polaroid comes out with a new model in a series, it sets an initial price and then gradually lowers the price. Polaroid is initially using which pricing strategy
Answer:
Price Skimming
Explanation:
Price skimming is a pricing strategy approach where the producer sets the high price due to this it could attract purchased for having the strong desire with related to the product and then it normally decreased the prices to attract another one and so on
So as per the given situation, it is a prime skimming situation
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a customer uses a credit card to pay McGregor $1,300 for services provided, McGregor would:
Answer:
Debit Service fees expenses $39
Explanation:
The journal entry is shown below:
Cash account $1,261
Service fees expenses (3% of $1,300) $39
Service revenue $1,300
(Being the cash is recorded)
here cash and expense is debited as it increased the assets and expense and credited the service revenue as it also increased the revenue
The loss in the value of an automobile that occurs over its period of ownership is called: Group of answer choices reinsurance. the acquisition payment. the market price. the repurchase commission. depreciation.
Answer:
depreciation.
Explanation:
Depreciation is the reduction in value of a long term asset as it is used over the years
for example, as one uses a vehicle, its value reduces due to wear and tear
depreciation is a way of expensing the cost of purchasing an asset
types of depreciation
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)
Activity method based on hours worked = (hours worked that year / total hours of the machine) x (Cost of asset - Salvage value)
Sum-of-the-year digits = (remaining useful life / sum of the years ) x (Cost of asset - Salvage value)
Anna withdrew funds from her bank and purchased 500 shares of ABC stock at the recommendation of her broker. Which one of these parties meets the definition of a delegated monitor
Answer:
The answer is "Anna's broker"
Explanation:
The delegated monitoring would be a financial intermediary as it borrows from small investors and uses uncontrolled liabilities (deposits) (whose loans it monitors).
In opposition to individuals that monitor the buyer independently, it relates to delegating the job of watching with such a bank and therefore satisfies the description of delegated monitor from Anna broker parties.
On August 31, Planar Corp. exchanged 100,000 shares of its $40 par value common stock for all of the net assets of Sistrock Co. The fair value of Planar's common stock on August 31 was $72 per share. Planar paid a fee of $320,000 to the consultant who arranged this acquisition. Direct costs of registering and issuing the equity securities amounted to $160,000. No goodwill or bargain purchase was involved in the acquisition. At what amount should Planar record the acquisition of Sistrock's net assets
Answer:
$7,200,000
Explanation:
Calculation to determine At what amount should Planar record the acquisition of Sistrock's net assets
Using this formula
Acquisition of Sistrock's net assets =(Shares of common stock issued ×Common stock fair value per share
Let plug in the formula
Acquisition of Sistrock's net assets=100,000*$72
Acquisition of Sistrock's net assets=$7,200,000
Therefore the amount that Planar should record the acquisition of Sistrock's net assets is $7,200,000
Shampoo manufacturers understand that consumers have different needs when it comes to what type of shampoo they use, such as for curly hair, two-in-one ease of use, or color protection. Knowing that, shampoo manufacturers have divided the market based on these various needs and developed shampoos to accommodate each group. By doing so, these shampoo manufacturers are involved in
Answer:
market segmentation
Explanation:
Market
People or an organization with needs or wants and the ability and willingness to buy.
Market Segment
A subgroup of people or organizations sharing one or more characteristics that cause them to have similar product needs.
Market Segmentation
The process of dividing a market into meaningful, relatively similar, and identifiable segments or groups.
Suppose that each of the only two firms in an industry has the independent choice of advertising its product or not advertising. If neither advertises, each gets $10 million in profit; if both advertise, their profits will be $5 million each; and if one advertises while the other does not, the advertiser gets profit of $15 million and the other gets profit of $2 million. According to game theory, the Nash equilibrium is: Group of answer choices neither will advertise. both will advertise. one will advertise and the other will not. both may or may not advertise.
Answer:
both will advertise.
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
The payoffs of advertising are either 5 or 15.
the payoffs of not advertising are either 10 or 2
the payoffs of advertising is higher than that of not advertising. Thus, the nash equilibrium is for the firms to advertise
Please find attached an image of the payoff matrix