MGT 302: Principals of International Business Exam 2

Retail could most successfully argue that the contract cannot be assigned because the assignment will materially increase the risk of nonperformance.

Retail could convincingly argue that the contract cannot be assigned since doing so increases the risk of nonperformance materially.

Non-performance is the inability to fulfill your contractual obligations. In  device contract example, the failure to provide the facilities as specified in the contract constitutes a breach of the contract.

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Answer:Your interest rate and the monthly payment will remain the same

Explanation:If you have a fixed-rate mortgage, the rising rate will have no impact on your loan: Your interest rate and the monthly payment will remain the same.

The monthly payment would increase if the interest rate is increased.

The monthly payment is the amount a person has to pay every month over the time period of the loan to pay off the loan. Interest is the additional amount a lender has to pay along with the principal amount when they avail a loan.

A loan with a higher interest rate means that the person will have to pay back more money and hence higher monthly payments as compared to someone who has a lower rate interest rate for the same amount and for the same time period.

For example, if you borrow $200 with a 5% interest rate you will have to pay back a total of $210 and if this is over 10 months then you will have to pay $21 every month. Now say you borrow the same amount for the same time period but with a 10% interest rate, then you will have to pay back a total of $220 and this means your monthly payment will be $21. Therefore monthly payment increases with the interest rate.

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The type of store which TSC is which sells products to support a rural lifestyle, and typically carries several brands within just a few product categories is known as a specialty store.

This refers to retail outlets which has a focus on particular product categories and can have different brands.

With this in mind, we can note that because TSC sells products which has different brands and supports a rural lifestyle with few product categories, then they are known as a specialty store.

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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Answer:

$650 is the answer....

Explanation:

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To calculate the worst-case NPV, we need to find the present value of all the cash flows and subtract the initial cost of the investment.

Since the payback period is six years, we know that the investment will generate cash flows for six years. Let's assume that the cash flows are as follows:

Year 1: $100,000
Year 2: $200,000
Year 3: $300,000
Year 4: $400,000
Year 5: $500,000
Year 6: $600,000

To find the present value of these cash flows, we need to use the formula:

PV = CF / (1 + r)^n

where PV is the present value, CF is the cash flow, r is the required return, and n is the year.

Using this formula, we can find the present value of each cash flow:

PV1 = $100,000 / (1 + 0.12)^1 = $89,285.71
PV2 = $200,000 / (1 + 0.12)^2 = $158,730.16
PV3 = $300,000 / (1 + 0.12)^3 = $239,338.30
PV4 = $400,000 / (1 + 0.12)^4 = $319,834.98
PV5 = $500,000 / (1 + 0.12)^5 = $386,428.78
PV6 = $600,000 / (1 + 0.12)^6 = $438,829.32

Now we can find the present value of all the cash flows by adding up the present values:

PV = PV1 + PV2 + PV3 + PV4 + PV5 + PV6
PV = $1,632,347.25

Finally, we can calculate the worst-case NPV by subtracting the initial cost of the investment from the present value of all the cash flows:

Worst-case NPV = PV - Cost
Worst-case NPV = $1,632,347.25 - $872,000
Worst-case NPV = $760,347.25

Therefore, the worst-case NPV of the investment is $760,347.25.

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Normative ethics is the study of issues that arise when individuals make decisions or choose to speak out in relation to morality.

Stakeholder theory, considered the most widely accepted theory of business ethics, explains that a company's stakeholders include everyone affected by its business.

One of the key beliefs of stakeholder theory is that the stakeholders of an organization are almost everyone whose organization fails or ceases to exist. Stakeholders therefore include a wide range of groups such as governments, employees, investors, the environment and competitors. The company is healthy. Where broad consultation is impractical, companies can ensure that everyone involved is doing the right thing. For example, treat your employees right, build products that are good for your community, and pay taxes to your government.

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I will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.

Today, the artificial intelligence is a modern technology which performs the function of employees more efficiently and effectively.

The artificial intelligence such as software package that perform a work process automatically does not makes mistakes and does not appear absent as place of work.

Therefore, i will recommend that the manager identify the frequently absent employees and replace them with artificial intelligence.

The option includes "a. Evaluate the HR practices to ensure they are generating the behaviors needed to accomplish strategic goals. b. Identify the frequently absent employees, and replace them with artificial intelligence c. Remind employees about how Creative Minds is genuinely connected to supporting youth art programs. d. Demonstrate how the firm is committed to simultaneously tackling global social issues and maximizing shareholder wealth."

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Answer:

Identify the frequently absent employees, and replace them with artificial intelligence.

Explanation:

Answer:

А) The time lost while watching the show

Explanation:

Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.

A and D seems correct, but the wording on D makes A the better answer.

Answer:

TRUE

Explanation:

I think that answer

Answer:

listen to the entire complaint

Explanation:

In the scenario being described, you should listen to the entire complaint. This will make the customer feel as though you are paying attention and listening/understanding her frustration and by doing so you might also acquire new information regarding the issue that was not previously shared to the other technician. Once the client has finished venting her anger and explaining the situation, only then should you begin to offer a solution.

An example of an E-commerce is an online boutique.

E-commerce is a business that exists online. For example, if a person establishes sells items on a website or on a social media platform, the person is operating an e-commerce. An example of an e-commerce business is ASOS.

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Answer:

The value of Bond = $951.963

Explanation:

The value of the bond is the present value(PV) of the future cash receipts expected from the bond. The value is equal to present values of interest payment plus the redemption value (RV) discounted at the yield rate

Value of Bond = PV of interest + PV of RV

Th e PV of interest payment

A ×(1- (1+r)^(-n))/r

Interest payment = 10%× 1000 = 100

PV = 100× (1- 1.12^(-3))/0.1 =  240.183126

PV of redemption value

PV = RV× (1+r)^(-n)

PV = 1000× 1.12^(-3) = 711.7802

The value of bond =   240.18 +  711.78= 951.963

The value of Bond = $951.963

Commercial paper is one of the following money market instruments. Commercial paper is a type of short-term, unsecured debt instrument issued by corporations to fund short-term liabilities.

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Explanation:

Answer:

1)Assign a task to the person with the right skills. When a new assignment arises, managers tend to think: "Who on my staff has time to take this on?" This is not an effective way to make a decision.

2)Limit meetings: Let's face it: Unless it's a necessary client meeting or important brainstorm session, nine times out of 10, 

3)Systematize processes to save people time. There may be old ways of doing things in your company that take up a lot of time. When you ask managers why you do things that way, they may say: "Well, that's just how we've always done it."

4)Provide quiet, uninterrupted spaces to work. This goes back to those colleagues disrupting your work to discuss personal issues. Most people work better in an environment without a lot of noise. Cubicle farms make it hard to accomplish meaningful work. The open physical layout of many offices today, as well as "open-door" policies establish an open invitation for co-workers to interrupt others.

5)Determine where people need to be located. Companies are beginning to realize that telework saves them money and greatly increases productivity. Employees working from home tend to accomplish more than their counterparts sitting in an office. This is mainly due to the lack of office distractions listed above and the extra time people can put into work since they can start and end their day during typical commute times. Also, business travel is not always a necessity, as it is both a high monetary and time cost to incur.

Explanation:

Hope it HELPS you .....

Answer:

Here:

Explanation:

Purchase price of shares = 24000

total purchase cost = price of shares bought + broker fees total purchase cost = 24000 + 0.01*24000 =24240

selling price of shares = 29100

total selling cost = price of shares sold - broker fees total selling cost = 29100 - 35 = 29065

Net proceeeds = total selling cost - total purchase cost Net proceeds = 29065 - 24240 = 4825

The correct answer to this open question is the following.

Although the question is incomplete because it has no specific reference to any information or text, we can say the following.

Probably, the question refers to the author called Brooks, who expresses his arguments supporting Capitalism and the free enterprise system as the better form of an economic system. As he is a firm believer in the free enterprise system, his thoughts are biased.

So to have a better perspective, we need at least, another source on the subject. That is why I did my research and found a book that seems to be a good source of the free enterprise system. It is called "Capitalism and Freedom," written by economist Milton Friedman.

Answer:

Brooks is the president of an organization founded to protect the American free enterprise system. As a result, he is likely biased toward free enterprise and will be more likely to argue in its favor without considering its drawbacks. Another source that would be helpful would be an article that describes the negative economic and social characteristics of free enterprise.

Explanation:

today's world, 96% of consumers have used a coupon in the past 90 days. JC Penney tried to break consumers of the coupon habit in 2012 and quickly saw a 23% drop in sales for the first three quarters of 2012. If JC Penney couldn't change people's shopping behavior, you probably can't either.n: so i guess its c

Answer:

78%

Explanation:

I take nutrition and wellness, and this was the correct answer for me. Just took the test as well :P

Saving can also mean investing money in services or goods like a bank time account (CD). putting some of your money into investments with the goal of increasing its worth by purchasing assets like stocks, real estate, or mutual fund shares that could rise in value.

A mutual fund is an investment vehicle that is professionally managed and collects money from a number of investors to buy securities. The phrase is frequently used in the United States, Canada, and India; other countries having structures akin to these include those in the UK and Europe, such as the SICAV (short for "investment company with variable capital"). The primary investments of mutual funds are frequently categorized as money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Alternatively, funds can be characterized as actively managed funds, which aim to outperform stock market indices but typically charge higher fees, or index funds, which are passively managed funds that follow the performance of an index, such as a stock market index or bond market index. The three main types of mutual funds are unit investment trusts, closed-end funds, and open-end funds. If the order was placed inside a certain window of time prior to the closing of trading, open-end funds are bought or sold by the issuer at the net asset value of each share as of the trading day's close. They are directly tradeable with the issuer.

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according to the question $104,700 is the cash paid for income taxes during the year.

An individual must pay the individual income tax, sometimes known as the personal income tax, on all of their annual income, including wages, wages, dividends, interests, and other types of income. The state where the income is derived often levies the tax.

Taxes are used by the government to pay for a range of social welfare, including measures to create jobs. The government is responsible for covering the administrative expenses for the different departments' thousands of employees.

cash paid = income tax expense - (income tax payable at the beginning + end of the year)

= $151,000 - ($20,200 + $25,300)

= $105,500

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The expected total annual sales for the firm would be approximately $29,282.90.

If a firm expects its sales to grow by 12% per month and its January sales figure is $9000 per month, we can calculate the expected total annual sales by compounding the monthly growth rate over the course of 12 months.

To calculate the expected total annual sales, we can use the formula for compound interest:

\(Total Annual Sales = January Sales * (1 + Growth Rate)^Number of Months\)

In this case, the growth rate is 12% per month (or 0.12), and the number of months is 12.

Total Annual Sales = \($9000 * (1 + 0.12)^12\)

Calculating the expression:

Total Annual Sales =\($9000 * (1.12)^12\)

Total Annual Sales ≈ $29,282.90

Therefore, the expected total annual sales for the firm would be approximately $29,282.90.

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Answer:

labor market

Explanation:

The correct option is (d) incurable functional obsolescence. Incurable functional obsolescence refers to a reduction in a property's value due to outdated design, features, or layout that cannot be easily or cost-effectively fixed or updated.

Accrued depreciation is a measure of the decrease in value of an asset over time due to wear and tear, obsolescence, and other factors. There are four types of accrued depreciation: short-lived curable physical deterioration, long-lived incurable physical deterioration, curable functional obsolescence, and incurable functional obsolescence.

Short-lived curable physical deterioration refers to the depreciation that occurs over time due to physical wear and tear that can be easily fixed or remedied. For example, if a new house has poor quality fixtures and finishes that become damaged over time, this could be considered short-lived curable physical deterioration.

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A. It tracks the use of credit for lenders.

Explanation:

I've taken the test already, I hope, me getting the answer wrong, will help others!

The correct answer is A. It tracks the use of credit for lenders.

Credit agencies, also known as credit rating agencies, help potential lenders and creditors determine whether to lend or extend credit to an individual or business, by predicting the likelihood that the borrower will repay the debt in a timely manner.

Equifax, Experian and TransUnion are the three main consumer credit bureaus. They collect and store information about you that they use to generate your credit reports, which are used as the basis of your credit scores.

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Answer:

Planning

Explanation:

Planning involves thinking ahead of time and making necessary preparations. As a management function, planning entails setting an organization's objectives and determining the path to follow to achieve them. Planning involves making logical preparations for moving an organization from where it is to where it wants to be.

Mr. Brown is planning how to establish his business. He is thinking of the measures he needs to put in place before the actual opening. Mr. Brown wants to have his financing and employee information sorted out well ahead of time.

Choosing between a brand-new phone or an affordable or refurbished phone is a variable expenditure and a Discretionary expenditure is an unnecessary expenditure that's incurred by a respective, household, or business.

Fixed costs are charges like rent and property levies that a company has to pay, anyhow of how numerous units it produces. Within the order of fixed costs, there are numerous variations. optional costs are unnecessary charges that are not constrained by the number of outputs produced.

The introductory, definite yearly voice plan is a fixed expenditure. still, a boundless data plan is gratuitous. That would be an optional expenditure. Another way to suppose of optional charges is to categorize them as “ wants ” rather than “ requirements. ”

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All of the options listed are common internal control fraud symptoms or problems except for option c. Lack of independent checks.

Lack of segregation of duties (option a), unexplained adjustments to receivables, payables, revenues, or expenses (option b), and overriding of existing controls (option d) are all commonly observed issues or symptoms associated with internal control fraud.

a. Lack of segregation of duties refers to a situation where one individual has control over multiple stages of a transaction or process, which increases the risk of fraudulent activity going undetected. Adequate segregation of duties helps ensure that different individuals are responsible for different aspects of a transaction, providing a system of checks and balances.

b. Unexplained adjustments to receivables, payables, revenues, or expenses can be indicative of fraudulent activity. Manipulating financial records through unauthorized or unexplained adjustments is a red flag for internal control fraud.

d. Overriding of existing controls occurs when individuals with authorization or system access bypass or disregard established controls. This can be a sign of fraudulent activity, as it allows individuals to manipulate transactions or records without appropriate oversight.

c. Lack of independent checks, on the other hand, is not typically considered a symptom or problem associated with internal control fraud. Independent checks, such as reviews, reconciliations, or external audits, are essential components of an effective internal control system. They help ensure accuracy, reliability, and accountability. However, the absence of independent checks alone does not directly indicate internal control fraud.

Therefore, the correct answer is c. Lack of independent checks.

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The fallowing statement is true because the Customer-profitability analysis uses activity-based costing to see the activities, costs, and profit related to serving particular customers.

Customer profitability analysis may be a process of analyzing customers and their spending habits. It are often used as a financial performance indicator. It is wont to learn how profitable it's to stay each customer. Businesses can improve their decision-making. they'll also improve overall business operations using this metric. Customer profitability analysis involves the comparison of the revenue generated by a corporation. This data comes from its differing types of consumers. It includes the common customer costs incurred in generating that revenue. The goal here is to spot which customers are profitable for a business. It helps determine which of them aren't. this can be a very important business strategy. Therefore the subsequent statement is true.

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Mura Company will need to pay an additional $6,534.25 in interest expense on December 31, bringing the total amount of interest paid on the note payable to $8,750 ($350,000 x 0.12 x 90/365).

To compute the accrued interest payable on December 31, we need to calculate the interest expense that has accumulated on the note since November 7. The formula for calculating accrued interest is as follows:

Accrued Interest = Principal x Rate x Time

In this case, the principal is $350,000, the rate is 12% per year, and the time is 54 days (from November 7 to December 31).

So, the accrued interest payable on December 31 is:

Accrued Interest = $350,000 x 0.12 x (54/365)

Accrued Interest = $6,534.25

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