Aggregate Demand I-Work It Out Question 1 In the Keynesian cross model, assume that the consumption function is given by C = $170 +0.7(Y-T) Planned investment is $100; government purchases and taxes are both $100. c. If government purchases increase to $115, what is the new equilibrium income? What is the multiplier for government purchases? new Y= $ multiplier:
Answers
the new Y = $965 and the multiplier for government expenditure = 3.33.
In the Keynesian cross model, if the consumption function is given by C = $170 +0.7(Y-T), and planned investment is $100; government purchases and taxes are both $100. If government purchases increase to $115, the new equilibrium income and multiplier for government purchases are explained below:
Solutions: a) The equilibrium level of income is obtained where the planned aggregate expenditure is equal to the aggregate production of goods and services. The Keynesian cross model equation can be written as:
Y = C + I + G + NX,
Where, Y = Aggregate output C = Consumption expenditure I = Planned investment G = Government expenditure
NX = Net export= -20Y + 20(100)
Here, the consumption expenditure is given as C = $170 + 0.7(Y-T)
Putting Y for the income, T for taxes and substituting the values we get, C = $170 + 0.7(Y - T)C
= $170 + 0.7(Y - 100)C
= $70 + 0.7Y
Therefore, the aggregate output equation can be written as follows:
Y = 70 + 0.7Y + 100 + 0 - 20YY
= 850
The equilibrium income is 850.
b) The multiplier for government expenditure (G) can be calculated as follows:
Multiplier = ΔY / ΔGHere, ΔG = Increase in government expenditure
Multiplier = [1 / (1 - MPC)] Here, MPC = Marginal Propensity to Consume = 0.7
Therefore, Multiplier = [1 / (1 - 0.7)] = 3.33The multiplier for government expenditure is 3.33.
c) If government purchases increase to $115, the new government expenditure will be G = $115
Substituting this value in the aggregate output equation,
we get, Y = 70 + 0.7Y + 100 + 0 - 20 + 115Y
= 965
The new equilibrium income is $965.
Therefore, the new Y = $965 and the multiplier for government expenditure = 3.33.
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Related Questions
True or false: All employees make an impact on a business.
5 points
True; all employees make a positive impact on a business
True; all employees make either a positive or negative impact on a business
False; only managers and supervisors make an impact on a business
False; only executives and board members make an impact on a business
Answers
Answer:
true; all employees make either a positive or negative impact on a business
Explanation:
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.
3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.
4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)
5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)
6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)
Answers
Answer:
5 sorry of its wrong I tried
1. You and your colleague, Michael, are debating how to best handle a large expenditure on a piece of machinery as a capital budgeting decision. Michael says that his accounting background suggests that because the benefits of this large piece of machinery will be realized over the project's ten-year life, so should its costs. Discuss why you disagree or disagree with Michael.
2. What are some potential problems in using internal rate of return (IRR) for mutually exclusive projects?
3. Should financing costs be included as an incremental cash flow in capital budgeting analysis? Please explain
Answers
I disagree with Michael's accounting approach to spreading the costs of the machinery over the ten-year life of the project. In capital budgeting, it is essential to consider the time value of money, which suggests that money today is worth more than money tomorrow.
Therefore, the cost of the machinery should be accounted for upfront in the present value calculation of the project's cash flows. Additionally, spreading the costs over ten years fails to consider the opportunity cost of not using the money elsewhere. Finally, the approach fails to account for the possibility that the machinery may become obsolete or require replacement before the ten-year period is up.
The IRR assumes that cash flows are reinvested at the same rate as the project's return, which may not be realistic. For mutually exclusive projects, where only one project can be accepted, the IRR can lead to misleading results, as it does not account for differences in project size or timing. For example, a smaller project with a higher IRR may be chosen over a larger project with a lower IRR, even if the latter has a higher net present value.
Financing costs should be included as an incremental cash flow in capital budgeting analysis, as they represent an additional cost incurred in obtaining the necessary capital to finance the project. These costs can include interest expenses on loans, issuance costs on bonds or stocks, and fees paid to financial intermediaries. Failing to account for financing costs in the analysis can lead to an overestimation of the project's profitability and can result in incorrect investment decisions.
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How do you avoid correcting and putting a customer on their defensive side?
Answers
Answer:
Explanation:
Listen carefully to what the customer has to say, and let them finish. Don't get defensive. The customer is not attacking you personally; he or she has a problem and is upset. Repeat back what you are hearing to show that you have listened.
Ask questions in a caring and concerned manner.
The more information you can get from the customer, the better you will understand his or her perspective. I’ve learned it’s easier to ask questions than to jump to conclusions.
Put yourself in their shoes.
As a business owner, your goal is to solve the problem, not argue. The customer needs to feel like you’re on his or her side and that you empathize with the situation.
Apologize without blaming.
When a customer senses that you are sincerely sorry, it usually diffuses the situation. Don't blame another person or department. Just say, "I'm sorry about that.”
Ask the customer, "What would be an acceptable solution to you?"
Whether or not the customer knows what a good solution would be, I’ve found it’s best to propose one or more solutions to alleviate his or her pain. Become a partner with the customer in solving the problem.
Solve the problem or find someone who can solve it— quickly!
Research indicates that customers prefer the person they are speaking with to instantly solve their problem. When complaints are moved up the chain of command, they become more expensive to handle and only add to the customer's frustration.
There is no getting around customer complaints, regardless of your industry. However, by employing these steps and taking the time to review the issue with the customer, you can turn challenges into something constructive.
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
Answers
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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Which of the following would NOT be a condition associated with monopolistic competition?
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in a competitive rivalry sense, explain the actions (strategic and/or tactical) you believe walmart and costco will take to respond to aldi’s intentions to have 2,500 u.s. stores by 2020.
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The two most well-known stores in the world are still Walmart and Costco. Both businesses are still highly renowned for their affordable rates, carefully chosen merchandise, and distinctive products.
Founded in 1962, Walmart today runs more than 5,000 stores worldwide, while Costco manages more than 800 warehouses. In recent years, the rivalry has intensified as people contrast Walmart's extensive presence with Costco's explosive growth.
Food Courts at Costco Walmart provides dining options
Members can frequently stop by the counter for some post-shopping goodies in the well-liked Costco food court. These cherished menu items, which include the pizza, onion crank, and $1.50 hot dogs, continue to be customers' favorites throughout its warehouses.
Walmart functions somewhat differently. You may be welcomed by a restaurant that is housed inside the store after you enter or exit depending on which side of the store you enter. Wendy's, Frutta Bowls, Saladworks, and even the fast-casual Shawarma Press have joined the Walmart market and have taken up residence inside its stores.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
Answers
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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which of the following is a correct statement about annuities? a) It is generally paid out to the annuitant in a lump sum cash payment
b) It has an obligation that is different to the insurance company for both the accumulation period and the liquidation period
c) Since it can provide monthly income to a beneficiary, it is said ti create an immediate estate
d) Since it can provide monthly income to an annuitant, it is said to create an immediate estate
Answers
The following is a correct statement about annuities is d) Since it can provide monthly income to an annuitant, it is said to create an immediate estate is the correct statement about annuities.
An annuity is a financial contract that allows the purchaser to receive regular payments at set intervals. The contract specifies the intervals, the amount of the payments, and the duration of the annuity. An immediate annuity can be purchased with a single payment, whereas a deferred annuity is a series of payments made over a set period. Since annuities provide monthly income to the annuitant, it is said to create an immediate estate, the immediate estate is created as soon as the contract is signed and the payments start.
The immediate estate guarantees a specified number of payments regardless of the annuitant's life expectancy. The estate's size is determined by the amount paid into the contract and the interest rate the insurer can earn on that amount. This estate can also be paid to a beneficiary if the annuitant dies before receiving the full value of the annuity. So the correct answer is d) Since it can provide monthly income to an annuitant, it is said to create an immediate estate is the correct statement about annuities.
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The correct statement about annuities is 'd) Since it can provide monthly income to an annuitant, it is said to create an immediate estate.' This because an immediate annuity begins paying out immediately, thus creating an immediate estate.
Explanation:In regards to annuities, the accurate statement among the options provided would be d) Since it can provide monthly income to an annuitant, it is said to create an immediate estate. An annuity is typically a contract between an individual and an insurance company. The individual makes a lump-sum payment or series of payments and in return, the insurance company agrees to make periodic payments to the individual beginning either immediately or at some future date. This kind of financial product is usually designed to help secure retirement income.
An immediate annuity is one in which payments to the annuitant start immediately. This arrangement is known as creating an immediate estate because the annuitant begins receiving income immediately after investing.
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FBL Inc., a US-based company, has to make payment to its supplier in Japan in March. FBL approached its bank in January and agreed on an exchange rate at which it will make the payment. FBL thus creates a safety net against any potential loss, if any fluctuation in exchange rate arises in the future. What is this strategy adopted by companies dealing in foreign exchange known as?
Answers
Answer:
Foreign exchange risk management strategy
Explanation:
In simple terms, what the Foreign exchange risk management strategy entails is the measures used by companies to protect or to create a safety net against any potential losses that may arise due to fluctuation in the exchange rates.
By approaching its bank in January [about three months in advance] in other to agree on an exchange rate at which they will make a payment, FBL Inc was implementing its Foreign exchange risk management strategy.
If Sheridan Company issues 7500 shares of $10 par value common stock for $375000, the account Paid-in Capital in Excess of Par Value will be credited for $75000. Common Stock will be credited for $75000. Cash will be debited for $300000. Paid-in Capital in Excess of Par Value will be credited for $375000.
Answers
Answer:
Common Stock will be credited for $75000
Explanation:
The journal entry to record the issuance of the common stock is shown below:
Cash Dr $375,000
To Common stock (7,500 shares × $10) $75,000
To Additional paid in excess of par value - common stock $300,000
(Being the issuance of the common stock is recorded)
For recording this we debited the cash as it increased the assets and credited the common stock and additional capital as it increased the equity
What so AIA,SAG,AMA stand for
Answers
Answer:
AIA stands for American Institute Of Architects
SAG stands for Screen Actors Guild
AMA stands for American Medical Association
Explanation:
Find the equilibrium quantity and equilibrium price for the commodity whose supply and demand functions are given. Supply: p=65q Demand: p= -q² +7,500 The equilibrium quantity is q = at price p = $.
Answers
The equilibrium quantity is q = 50 units at a price p = $6,250.
To find the equilibrium quantity and price, we need to set the supply and demand functions equal to each other and solve for q (quantity) and p (price).
The supply function is given as p = 65q, which represents a linear relationship between price and quantity supplied. The coefficient of 65 indicates that for every unit increase in quantity, the price increases by $65.
The demand function is given as p = -q² + 7,500, which represents a quadratic relationship between price and quantity demanded. The negative coefficient of q² indicates that as the quantity demanded increases, the price decreases.
Setting the supply and demand functions equal to each other, we have:
65q = -q² + 7,500
Rearranging the equation and converting it into a quadratic equation form, we get:
q² + 65q - 7,500 = 0
By solving this quadratic equation, we find two potential values for q. However, since the demand function is a downward-sloping curve, we consider the positive value for q, which is q = 50 units.
Substituting this value back into either the supply or demand function, we can find the equilibrium price. Using the supply function, we have:
p = 65q
p = 65 * 50
p = $3,250
Therefore, the equilibrium quantity is q = 50 units, and the equilibrium price is p = $6,250.
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Which of the following is an example of a command economy?a) hunter-gatherer systems.b) decisions by individuals to satisfy their own self-interest.c) centralized decision-making by the Chinese government.d) 'sin taxes' on alcohol and tobacco.
Answers
The right preference is (c). Centralized decision-making with the resource of the Chinese government.
What is a command monetary device in economics?A command economy, also acknowledged as a planned economy, is one in which the central government plans, organizes, and controls all economic activities to maximize social welfare. Command economies, as adverse to free-market economies, do no longer enable market forces like provide and demand to decide manufacturing or prices.
What are some examples of a command financial machine existing in our market system?This is a central monetary goal which is the purpose for allocating assets and production. Examples of a command financial system encompass the likes of China, North Korea, Cuba, Russia, and Vietnam.
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https://brainly.com/question/4379731#SPJ4A network consists of the activities in the following list. Times are given in weeks. Activity Preceding Time 8 A B C A A.B C D 18 How many weeks should this project take?
Answers
The total duration of the project is 44 weeks.
To determine the total duration of the project, we need to calculate the critical path, which is the longest path through the network of activities. Based on the information provided, the activities and their respective durations are as follows:
Activity A: 8 weeks
Activity B: 8 weeks
Activity C: 8 weeks
Activity A.B: 18 weeks
Activity C.D: 18 weeks
To calculate the critical path, we add up the durations of the activities along the longest path:
A (8 weeks) → A.B (18 weeks) → C.D (18 weeks)
Therefore, the total duration of the project is 8 weeks + 18 weeks + 18 weeks = 44 weeks.
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The debit balance in a nominal account shows:
a) Gains b) Expenses
c) Assets d) None of the above
(answer the above question correctly)
Answers
Suppose you purchased a stock a year ago. Today, you receive a
dividend of $19 and you sell the stock for $111. If your return was
9%, at what price did you buy the stock? $________.
Answers
You bought the stock for $82.83.
The price you bought the stock is $97.71. Here's how to get the answer:
Given that you received a dividend of $19 and you sold the stock for $111. The dividend and the selling price gives you a total return of $130 ($19+$111 = $130).The problem also gives a total return of 9% for the year using the formula:return = (ending price - beginning price) / beginning price * 1009% = ($111 - beginning price) / beginning price * 100Solve for the beginning price:
Beginning price = $111 / (1 + 0.09)Beginning price = $101.83The beginning price is $101.83. Now you can solve for the price you actually bought the stock by subtracting the dividend of $19 from the beginning price:Price bought = $101.83 - $19Price bought = $82.83
Therefore, you bought the stock for $82.83.
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consider the following cash flows and present-worth profile. net cash flows ($) year project 1 project 2 0 −$950 −$950 1 400 350 2 850 y 3 x 700
Answers
The values of x and y for are $457.91 and $364.23, respectively.To calculate the values of x and y, we need to use the formula for the present worth of a cash flow stream, which is:
PW = C0 + C1/(1+i)¹+ C2/(1+i)² + C3/(1+i)³ + ...
where PW is the present worth, C0 is the initial cash flow, C1, C2, and C3 are the cash flows in years 1, 2, and 3, respectively, and i is the interest rate.
For Project 1, using an interest rate of 10%, we can calculate the present worth as follows:
PW1 = -$950 + $400/(1+0.1)¹ + $850/(1+0.1)² + $700/(1+0.1)³
= -$950 + $363.64 + $702.48 + $535.18
= $651.3
For Project 2, using an interest rate of 10%, we can calculate the present worth as follows:
PW2 = -$950 + $350/(1+0.1)¹+ y/(1+0.1)²+ x/(1+0.1)³
To solve for y and x, we need two equations. We can use the cash flows in years 1 and 2 to set up two equations as follows:
$350/(1+0.1)¹ + y/(1+0.1)² = $400/(1+0.1)¹ + $850/(1+0.1)²
y/(1+0.1)² + x/(1+0.1)³= $700/(1+0.1)³
Simplifying these equations, we get:
0.8264y = 300.69
0.7513y + 0.7513x = 424.21
Solving for y in the first equation, we get:
y = $364.23
Substituting this value of y in the second equation and solving for x, we get:
x = $457.91
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Which of these describes information that can appear in a consumer’s credit report?
A. The name of a company that gave the consumer a car loan two years ago
B. The amount of money that the consumer loaned to a family member
C. The amount of money the consumer will need to borrow in the next five years
D. The name of a store where the consumer pays cash for all purchases
Answers
Answer:
A. The name of a company that gave the consumer a car loan two years ago
Explanation:
A credit report is the statement that contains the information related to your credit activity & the present credit situation like history of loan payment, the status of your credit accounts. This would help lenders to use these reports whether they will give you loan and if they are agree than what rate of interest they would offer you
So according to the given situation, the option A is correct
A disadvantage of couponing is…? radio_button_unchecked Low redemption rates. radio_button_unchecked Reduces consumer’s perceived risk associated with trial of a new brand. radio_button_unchecked Encourages repeat purchase. radio_button_unchecked Helps coax users to trade up to more expensive brands. SUBMIT
Answers
Answer:
Correct Answer:
1. Low redemption rates.
Explanation:
Couponing is the situation whereby discount in form of Coupons are offered to customers over a specific product that is on sale. It is similar to product discount other than the fact that, the discount is based on the coupon card.
The disadvantage of offering coupons is that you would be giving a discount to people who would buy your products even without them anyway thereby leading to low redemption rate. This can be costly and also increases the risk of incurring losses.
Answer:
Low redemption rates.
Explanation:
Couponing is a kind of promotion used by businesses in giving discounts to their customers for products purchased. it is done using coupon cards.
Low redemption rate simply means the number of people that make use of the coupon card in purchases as a percentage of number of coupon cards distributed. The implications of low redemption rates as a disadvantage of couponing means lower sales for the business and this could consequently cause losses as this indicates that promotion was not effective. In other words, low sales using coupons increases cost to company lowering profit and maybe causing losses
100 POINTS PLEASE HELP!!! Designers consider both elements and principles of design when creating advertisement layouts. Research one element of design and one principle of design. Write a 5- to 10-sentence paragraph explaining how each might be used during the creation of an ad.
Answers
Answer:
Designers could use size in order to bring the most important aspects such as the message or product to the eye of those viewing the ad. Designers could also use color in order to showcase the most important products vs those apart of a collection. Designers could use harmony to bring the ad together and make it all seem as if it is one piece. Variety could also show that the designers have many different things to offer to the public.
Explanation:
Sorry, I tried my best, idk if this is what you are looking for?
Element of Design: One element of design that is used is value, which helps create shading texture when needed. This can help a substance seem "popped-out", and can be used to catch people's attentions. Design is important also in creating what can be seen by the naked eye, and what is placed on there can draw different people into seeing the product in their own eyes. Appearance can be appealing or even unappealing, in getting people to be interested & even talk about the design. Designers design something that is either aesthetically pleasing, or would catch a person's attention, and hopefully spread the word around. Examples of value can be shading, different shades of the same color, etc.
Principle of Design: One principle of design is harmony, which can make it feel wholesome or pleasing the a person. This is a very good way to draw people (especially a sect commonly known as perfectionists) to buy the product. The opposite can also be said, as the distortion can also draw people to buy the product. As long as the design appeals to potential buyers, it is worthwhile to use.
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In your discussion (from question 1), report to Pieter Boone the environment in which Pick n Pay operates, (Further research is encouraged).
Answers
Pick n Pay operates in the retail industry in South Africa, which is a dynamic and competitive market. The company faces various environmental factors, including economic conditions, consumer behavior, technological advancements, regulatory policies, and social trends. Conducting further research will provide a more comprehensive understanding of the specific environment in which Pick n Pay operates.
The environment in which Pick n Pay operates can be influenced by several factors. Firstly, economic conditions play a crucial role as they impact consumer spending power, inflation rates, and overall market growth. Changes in GDP, employment levels, and disposable income can significantly affect consumer behavior and purchasing decisions.
Consumer behavior and preferences are another important aspect. Factors such as shifting demographics, changing lifestyles, and increasing health-consciousness can influence the demand for certain products and services. Pick n Pay needs to stay updated on these trends to effectively cater to customer needs and stay competitive.
Technological advancements are rapidly transforming the retail industry. E-commerce, mobile applications, and digital platforms have reshaped the way consumers shop and interact with retailers. Pick n Pay needs to adapt to these technological changes to enhance the customer experience, streamline operations, and stay relevant in the market.
Regulatory policies and compliance requirements also impact Pick n Pay's operations. Government regulations related to labor, taxes, food safety, and environmental sustainability can impose additional costs and affect business practices.
Lastly, social trends and cultural factors shape consumer preferences and expectations. Growing awareness of sustainability, ethical sourcing, and social responsibility can influence consumer choices and impact Pick n Pay's reputation.
Conducting further research on the specific market dynamics, industry trends, and competitive landscape will provide a deeper understanding of the environment in which Pick n Pay operates. This knowledge will enable the company to make informed decisions, identify growth opportunities, and effectively respond to the ever-changing business landscape.
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what obligations do companies have to protect the environment? what is the role of government regulation in protecting the environment?
Answers
Companies have an obligation to protect the environment by minimizing their negative impact on it, promoting sustainability, and complying with relevant laws and regulations. Government regulation plays a crucial role in protecting the environment by setting standards and enforcing them through penalties, incentives, and public reporting.
Companies can reduce their environmental impact by adopting eco-friendly technologies and practices, minimizing waste, conserving resources, and promoting sustainable development. They can also communicate their environmental policies and performance to stakeholders and engage in dialogue with them to promote transparency and accountability.
However, government regulation is necessary to ensure that companies do not prioritize profit over environmental concerns. Governments can regulate companies through environmental laws, permits, and standards that limit their emissions, waste, and resource use. Governments can also provide incentives, such as tax breaks or grants, to companies that adopt sustainable practices.
Overall, the protection of the environment is a shared responsibility between companies and governments, and both parties must work together to achieve sustainable development.
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Discuss the extent to which ethical leadership is evident in the case study
Answers
The case study on Nike highlights both ethical and unethical leadership practices. The ethical leadership is evident in the way the company was able to react and respond to the allegations of poor labor practices in their foreign factories.
Initially, when it was brought to the attention of the company that their suppliers were using underage workers, poor working conditions, and low wages, they took corrective measures by issuing new code of conduct, updating their auditing practices, and increased monitoring of the supplier factories. Additionally, the company also established the Global Alliance for Workers and Communities as a way of engaging with stakeholders to promote fair labor practices in the footwear and apparel industries. This is a good example of ethical leadership in action.However, the case study also highlights unethical leadership practices.
The company was aware of the poor labor practices in their suppliers’ factories but did not take proactive measures to address it. Instead, they waited for the media expose to respond. The company failed to do due diligence and relied solely on supplier’s word to determine labor practices in the factories. This is an example of unethical leadership practices as it shows the company did not uphold their social responsibilities and instead waited for the media and customer pressure to act. In conclusion, while Nike exhibited some ethical leadership practices, there are still areas where the company needs to improve.
The company needs to take proactive measures to address labor practices in their suppliers’ factories and ensure that they uphold their social responsibility as a multinational company. This will not only improve the company's image but also foster trust and confidence among its stakeholders.
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Question 3: Answer the following questions
3.1)
Calculate 250% of 100.
(2)
3.2)
Calculate 100% of 250
(2)
2
3)
What do you notice about your answers to question 3.1) and 3.2)? Explain your answer.
Answers
Answer:
\( \frac{250}{100} \times 100 \\ = 250 \\ \\ \frac{100}{100} \times 250 = 250 \\ the \: answers \: are \: identical\)
why are medical related professions and human resources important?
Answers
Answer:
because sometimes they help us to get some medicine which can be used to cure a particular disease
which republicans voted for debt ceiling
Answers
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
what is one of the ways that expert judgement might be used in the stakeholder management knowledge area?
Answers
One way expert judgement might be used in the stakeholder management knowledge area is to identify and assess the interests, needs, and potential impact of key stakeholders on a project.
What does effective stakeholder management involves?Effective stakeholder management involves several key steps:
Identify stakeholders: Identify all the stakeholders who will be impacted by or have an interest in the project.
Assess stakeholder importance: Assess the level of importance and potential impact of each stakeholder on the project.
Develop a stakeholder engagement plan: Develop a plan for engaging and communicating with each stakeholder group, taking into account their level of importance and potential impact.
Communicate and engage: Communicate effectively with stakeholders, keeping them informed of progress and addressing any concerns they may have.
Monitor and manage: Regularly monitor the engagement and satisfaction of stakeholders and make adjustments as needed to ensure their needs are being met.
Maintaining Relationship: Maintain good relationship with stakeholders, by understanding their needs, expectation, providing them with necessary information and addressing their concerns.
By following these steps, project managers can effectively manage stakeholders, ensuring their needs and concerns are taken into account and minimizing the potential for disruptions or delays.
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Answer:
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What do you understand by the term social structure? Explain social roles in the context of social structure and quote real life examples to discuss the concepts for role conflict, role strain and role exit.
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Answer:
Social structure is the arrangement in the society where people live and interact together in the society.
Explanation:
Social structure in humanism is considered to be the specific and stable plan of the organizations where the people in general public collaborates and lives respectively. The social structure is often treated together with the very idea of the social change that tries to manage the powers of the people which changes the social structure as well as the association of the society.
Social structure helps the individuals to sort out their current circumstances and it limits which characterize the insiders and the outcasts. Social structure restricts certain alternatives and spots us in the discretionary classes that is not based on the personal preferences.
Karl Marx once stated how the monetary creation is coordinated by central main part of the general public.