Resources that are believed by management to be rare, durable, non-substitutable, non-tradable, and valuable are ________ resources.
Answers
Resources that are believed by management to be rare, durable, non-substitutable, non-tradable, and valuable are VRIO resources.
Explanation: VRIO (Valuable, Rare, Imitable, and Organized) resources refer to the resources that are believed by management to be rare, durable, non-substitutable, non-tradable, and valuable. These resources are those that are difficult for competitors to imitate. They provide a company with a sustainable competitive advantage.
V - Valuable: A valuable resource helps a company in its operations by creating value for customers, either through cost savings or by improving product quality or functionality.
R - Rare: Rare resources are those that are not commonly available and that other companies in the industry do not have or find hard to acquire.
I - Inimitable: Inimitable resources are those that cannot be easily replicated or imitated by other companies.
O - Organized: Organized resources refer to the company's ability to manage and organize its resources efficiently and effectively. It includes elements such as culture, structure, and systems.
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Related Questions
Complete the following sentence with the options listed below.
A _________ is a person who _______ a public good that others _________.
O free rider; pays for; use
O payer; enjoys; pay for
O nonexcludable payer; purchases; determine to be nonrivairous
O free rider; enjoys; pay for
O Ione rider; enjoys; pay for
Answers
A free rider is a person who enjoys a public good that others pay for.
What is a free rider?Anyone who enjoys something without putting up any effort or paying for it is considered a free rider. Free riders, then, are people who make use of things without paying for them.
What does a free rider look like?requesting contributions Consumer donations made voluntarily may compensate again for free riders. For instance, soliciting donations in a museum or garden. The donation sums would assist in paying for the garden/museum even if there were still free riders.
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Which type of bankruptcy leaves your credit report sooner?
Answers
have a great day!
Explain what it means to diversify across investments ?
Answers
Answer:
true
Explanation:
diversification isna technique that reduces risk by allocating investment across various financial instrument across various fiancial instrument industries and other categories . it aims to maximize returns by investing in different areas that would each react differently to the same event
To examine
the weekly payroll of all employees, one would look at the:
Answers
To examine the weekly payroll of all employees, one would look at the: d. payroll register.
What is the payroll register?The payroll register is a book or record that is used to fill in the details of all the employees and their payment logs. A record of this register is often kept in good condition in case of any future discrepancies that will have to be resolved.
A person who wants to examine the weekly payroll of all employees in an organization must be able to look at the payroll register to know what is obtainable. There, he would find the names of the employees, their job roles and payment record.
Options:
a. W-4
b. employee earnings record
c. W-2
d. payroll register.
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Kentucky Fried Chicken, with 18,875 stores in 118 countries and territories around the world, changed their recipe (the spiciness) for various regions. Even within China, the spiciness varies from region to region. Their menu changed also; for example, in Shanghai, KFC serves porridge for breakfast and Peking Duck burgers for lunch. This example shows that multinational firms must _______.
Answers
Because KFC changed their recipe (the spiciness) for various regions, this shows that multinational firms must develop every new product for potential worldwide distribution.
What is new product development?A new product development refer to a firm process of bringing in a new product to the marketplace.
In conclusion, the development of new product helps in potential worldwide distribution.
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ARALING PANLIPUNAN
Instructions.
In this discussion, you are asked to read and analyse the short story below and answer the process questions provided.
EKO: Ugh! I can not take it anymore
MIYA: Who says you can do siomai-all-you-can?
EKO: No, I just thought.
MIYA: Are you full yet? =))
EKO: Actually, no. I'm still hungry. Just fed-up.
SELLER: We called that Diminishing Marginal Utility.
EKO: Say what now?
SELLER: The "utility" of something - the satisfaction you get from it - decreases a bit as you increase your consumption more and more.
EKO: So the taste is really bad?
SELLER: Just for you, because you've eaten a lot.
MIYA: Eh how do you sell a lot like that?
SELLER: So we have another merchandise product - like this hamburger.
EKO: All right, that's fine.
MIYA: Sigh.
PROCESS QUESTIONS:
1. EKO was not full. However, he felt "fed-up". What is the reason why EKO lost his appetite?
2. Is it true that the siomai that EKO eats tastes bads?
3. What is the relationship of the principles of Diminishing Marginal Utility to wise decision-making?
Answers
Answer:
1.eko lost his appetite due to diet..
2.no it is not.
3.The law of diminishing marginal utility directly relates to the concept of diminishing prices. As the utility of a product decreases as its consumption increases, consumers are willing to pay smaller dollar amounts for more of the product.
) Outline two ways VKW might be affected by increased import controls.
Answers
Answer:
see below
Explanation:
Increased import control tends to increase the cost of imports. For a business that depends on imports for its raw materials, increased control will have the following effects.
Can delay or halt production. Increase import control may affect the cost of imports and the quantity of material or parts imported. VKW may be unable to import all the materials it requires for production. This may force it to slow down production before it can get alternative suppliers. Increase in product prices: Imports control might include a rise in import tariff making imports expensive. VKW is likely to increase the price of its products to maintain its profitability.Indirect participation in the recreational sport industry is attributed to:
Answers
indirect participation in the recreational sport industry refers to supporting roles and services that contribute to the overall experience for participants. Examples include providing sports equipment, organizing events, marketing, sponsorship, and operating sports facilities.
indirect participation in the recreational sport industry refers to involvement in the industry without directly engaging in the physical activities. It encompasses various supporting roles and services that contribute to the overall experience for participants.
Examples of indirect participation include:
Providing sports equipment and gearOrganizing sports events and tournamentsmarketing and promoting sports activitiessponsorship of sports teams or athletesOperating sports facilities and venuesThese indirect participants play a crucial role in the growth and success of the recreational sport industry. By offering products and services that enhance the overall experience for participants, they contribute to the enjoyment and development of sports and recreational activities.
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After raising two children, Anh, a single 48-year-old, decided to go to college to earn her first college degree. She spent two years in community college and earned an associate's degree. In 2019, she is enrolled half-time at State University to earn a Bachelor's degree in Accounting and also works part-time. Anh is eligible for the American Opportunities tax credit.
a. True
b. False
Answers
Answer:
True
Explanation:
American opportunities tax credit is a form qualified education expenses that is paid to college students in America by the government.
To be qualified for this credit , the student must meet certain criteria such as listed below
Must be pursuing a degree on other recognized certificationBe enrolled for at least half time the for at least an academic period beginning on the tax yearNot have finished the first four years of higher education at the beginning of the tax year.It is meant for undergraduate college students and their parentParents can only claim the tax if they paid for the child's education expenses and the student is listed as dependent on their return.Looking at the listed criteria as above , it is apparent that Anh is eligible for the opportunities tax credit
When dealing with credit cards, it is important to know your card’s _______________.
Answers
it is important to know your credit card pin
betty's cola, inc. will need a new bottling machine in 5 years and has been told to deposit $10,000 at the end of each quarter for 5 years to accumulate the needed funds. assuming money can earn 6% compounded quarterly, what lump sum deposited today will generate the same ending value of the annuity after 5 years?
Answers
A lump sum of approximately $191,839.85 deposited today will generate the same ending value as the annuity after 5 years.
To find the lump sum deposited today that will generate the same ending value as the annuity after 5 years, we can use the concept of present value.
The future value of the annuity is given by the formula:
\(FV = P * ((1 + r)^n - 1) / r\)
where:
FV = Future value of the annuity
P = Periodic payment (end of each quarter) = $10,000
r = Interest rate per period = 6% / 4 = 1.5% (since it is compounded quarterly)
n = Number of periods = 5 years * 4 quarters/year = 20 quarters
Substituting the values into the formula:
\(FV = 10,000 * ((1 + 0.015)^20 - 1) / 0.015\)
Now, to find the lump sum deposited today, we can use the formula for present value:
\(PV = FV / (1 + r)^n\)
Substituting the values:
\(PV = FV / (1 + 0.015)^20\)
Calculating the values:
\(FV = 10,000 * ((1 + 0.015)^20 - 1) / 0.015\)
FV = $226,617.13
PV = 226,617.13 / (1 + 0.015)^20
PV ≈ $191,839.85
Therefore, a lump sum of approximately $191,839.85 deposited today will generate the same ending value as the annuity after 5 years.
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What are the sign of high inflation?
Answers
High inflation is characterized by a sustained increase in the overall price level of goods and services in an economy. Some signs of high inflation include Rising prices, Decreasing purchasing power, The increased cost of living, Increase in interest rates, Volatility in the currency exchange rate, Uncertainty and lack of trust in the economy
Rising prices: Inflation is often measured by the Consumer Price Index (CPI), which tracks the prices of a basket of goods and services. When the CPI increases significantly and consistently over time, it is a sign of high inflation.Decreasing purchasing power: High inflation means that the same amount of money will buy less than it did before, as prices are increasing. This leads to decreasing purchasing power, which means that people are not able to afford as much with their money as they could before.The increased cost of living: High inflation can lead to an increase in the cost of living, as people have to spend more money on basic necessities such as food and housing.Volatility in the currency exchange rate: High inflation can lead to the depreciation of the currency, which can cause the exchange rate to fluctuate wildly. This will make imports more expensive, and exports cheaper.Increase in interest rates: Central banks usually respond to high inflation by raising interest rates, which makes borrowing more expensive and can slow down economic growth.Uncertainty and lack of trust in the economy: High inflation can lead to uncertainty and lack of trust in the economy, as people may not know what to expect in terms of prices and currency value.Learn more about signs of high inflation here: https://brainly.com/question/11015006
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Year 1- Investment $14,000; cash inflow $6,000
Year 2- cash inflow 4,000
Year3- investment 4,000; cash inflow 0
Year 4- cash inflow 8,000
Year 5- cash inflow 9,000
Year 6- cash inflow 12,000
Year 7 cash inflow 2,000
Given here are the cash flows of an investment under consideration. What is the payback period of this investment?
Answers
To calculate the payback period, we need to determine how long it takes for the initial investment of $14,000 to be fully recovered by the cash inflows.
Year 1: $6,000 cash inflow, remaining investment = $8,000 Year 2: $4,000 cash inflow, remaining investment = $4,000
Year 3: $0 cash inflow, remaining investment = $4,000 Year 4: $8,000 cash inflow, remaining investment = $0 Therefore, the payback period is 3 years and 9 months (or 3.75 years), because the initial investment of $14,000 is fully recovered by the end of Year 3 and only $4,000 of cash inflow is needed to do so. The additional 9 months in Year 4 account for the remaining $4,000 of cash inflow needed to fully recover the investment.
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What is the primary difference between common and preferred stockholders?
A. Common stockholders have a higher claim on the business.
B. Preferred stockholders are the only ones who can vote for the
board of directors.
C. Common stockholders are required to be employees of the
business.
D. Preferred stockholders have greater security.
SUBMIT
Answers
Answer:
D
Explanation:
Preferred stock holders have greater security.because in the event of the business failure,they have the first claim in the distribution of company assets.
I hope this helps
pls be nice and answer this for me. in the middle of a test. 50 pts!
Nate received an unusually large requisition order from another department for a new type of material that they had not purchased before. He had a good relationship with the supplier so he sent the supplier an invoice for the order. What should Nate have done differently?
A. Solicited for a bid from the supplier
B. Solicited for a purchase order with the supplier
C. Ask the supplier for Verification for the requisition order
D. Used a new supplier since it was a new type of goods
Answers
Answer:
Solicited for a bid from the supplier.
Explanation:
Solicited for a bid from the supplier should Nate have done differently. Thus, option (a) is correct.
What is supplier?
The term supplier refers to supplies of the raw material and the goods. The supplier was the always part of the company to provide the customer the goods and the services. Suppliers provided the transportation of those materials. Suppliers are the mediator of the supply chain.
A bid is solicited, it signifies the target is actively looking for a buyer and wants to be bought as the supplier. These offers—also known as those that have the support of the management of both companies are frequently referred to as “friendly takeovers.” Solicitation bids, submission bids, and selection bids are the three different categories of bids.
As a result, the solicited for a bid from the supplier have the differently done. Therefore, option (a) is correct.
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if the required reserve ratio is one-third, currency in circulation is $300 billion, checkable deposits are $900 billion, and there is no excess reserve, then the m1 money multiplier is
Answers
The money multiplier is the factor by which the quantity of money in an economy increases or decreases in response to a change in the money supply.
The money multiplier measures the amount of deposits that can be created from each dollar of excess reserves. It is calculated as 1/RRR (required reserve ratio).
As a result, in order to determine the m1 money multiplier, we'll need to utilize the given information. The required reserve ratio is one-third, which means that banks must maintain reserves equal to 33 percent of checkable deposits.
As a result, banks have a reserve requirement of 900 billion * (1/3) = 300 billion.
Since there is no excess reserve, this implies that banks hold precisely the necessary amount of reserves to meet the reserve requirement.
Currency in circulation is the cash in circulation. In the economy, currency is outside of banks. As a result, it doesn't affect the bank's capacity to create money. currency in circulation does not contribute to the M1 money multiplier.
Calculate the M1 money multiplier.
M1 = currency + checkable
deposits= 300 billion + 900 billion= 1200 billion
Reserve requirement = 33% of checkable
deposits= 0.33 * 900 billion= 300 billion
Money multiplier = 1/RRR= 1/0.33= 3.03
The M1 money multiplier is 3.03.
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Which of these is an educational institution where you can complete an undergraduate
study program in order to get a bachelor's degree?
A 2 year ollege
B Technical School
C Certificate program
D 4 year College
Answers
4) Piramide Investments is offering an investment it says will pay out $64,000 at the end of 3 years. To invest, you'll need to deposit $9,900 to their bank account and keep the information private. What is the average annual return on this investment? Remember to use a TVM function. (round to two decimal places)
Answers
The average annual return on this investment is 6.16%. To calculate the average annual return on this investment, we can use the TVM (Time Value of Money) function in a financial calculator or spreadsheet software.
Here's how to do it using Microsoft Excel:
Open a new spreadsheet and enter the following information in separate cells:
Present value (PV): -$9,900 (negative because it represents a cash outflow)
Future value (FV): $64,000
Number of periods (N): 3
Payment (PMT): 0 (assuming no regular payments are made)
Interest rate per period (rate): unknown
In an empty cell, type "=RATE(N, PMT, PV, FV)" and press Enter. This will calculate the interest rate per period required to achieve the given future value.
The result is the interest rate per period of this investment. Multiply by the number of periods per year (in this case, 1/3 since there are 3 years), and round to two decimal places to get the average annual return.
Using the TVM function in Excel, the interest rate per period is calculated to be 18.47%.
Therefore, the average annual return on this investment is:
interest rate per period x periods per year
= 18.47% x 1/3
= 6.16%
So the average annual return on this investment is 6.16%.
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Which of the following describes a conflict which happens between a supervisor and a subordinate?
O Intrapersonal conflict
Group conflict
O Intergroup conflict
O Interpersonal conflict
Answers
A conflict between a supervisor and a subordinate can be described as Interpersonal conflict.
What is interpersonal conflict?Interpersonal conflict refers to conflict whereby there are at least two people involved. This means that interpersonal conflict refer to issues that a person has with another person, or group of people.
When there is a conflict between a supervisor and a subordinate, these are two different people which means that it is therefore an interpersonal conflict. Intrapersonal conflict on the other hand, refers to when a person has a conflict within themselves about how they should take certain decisions.
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If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
Answers
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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Select the correct answer from each drop-down menu. How did the government help the economy? The economy of country Y has experienced increased unemployment and reduced GDP for six months. The government therefore decides to implement fiscal policy that increases and reduces.
Answers
The fiscal policy action taken by the government would increase money supply and reduce tax rate.
What is fiscal policy?
Fiscal policy are actions taken by the government to stimulate the economy in order to achieve full employment and price stability.
Fiscal policies can either be expansionary or contractionary. Expansionary fiscal policy is when the government increases the money supply in the economy either by increasing spending or cutting taxes.
Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing spending or increasing taxes
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Answer:
The answer would be: The government therefor decides to implement fiscal policy that increases Government spending and reduces Taxes.
this answer was correct for me on plato. hope this helped.
Explanation:
Sonic Corp. produces sportwear and operate retail stores in Hong Kong, Vietnam and Italy. There are three companies established under Sonic Corp.: Sonic (Hong Kong) Co., Sonic (Vietnam) Co. and Sonic (Italy) Co. All invested capital decisions have to be submitted to Sonic Corp. for approval. The manufacturing function is located in Vietnam. Finished goods are transported to Hong Kong and Italy for sale.
The group has six divisions: research and development, product/ process design, production, marketing, distribution, and customer services. All the upstream and midstream activities are conducted in Vietnam. For downstream activities, they are taken care by retail stores operated in each of the regions.
Sonic Corp. is structuring its performance measures with following objectives for coming year.
1. Increase market share
2. Provide excellent service to customers
3. Establish competitive edge in product and process innovations
4. Develop efficient production processes with latest information technology
Sonic Corp. conducts "centralized budgeting" without employee participation. Employees are evaluated based on whether they are able to achieve the budget assigned. The Chief Executive Officer is considering whether to introduce "decentralized budgeting", inviting employees to participate in budgeting.
REQUIRED:
(a) How "centralized budgeting" could demotivate employees of Sonic Corp.? (b) Identify and explain the nature of responsibility center for (i) production division (ii) Sonic (Hong Kong) Co. What is the concept that support responsibility center management?
(c) Suggest TWO financial performance measures for Sonic (Vietnam) Co.
(d) Suggest ONE non-financial performance measures under each objective.
(e) Elaborate how ONE of the six divisions could support the performance measure suggested in (d) to achieve each of the above objectives
Answers
(a) Centralized budgeting can demotivate employees at Sonic Corp. by limiting their participation in the process, making them feel disconnected and reducing their sense of ownership and commitment.
The lack of employee participation can lead to reduced motivation, as employees may perceive their efforts as less meaningful or influential in achieving the budget goals. Additionally, centralized budgeting may not consider the valuable insights and knowledge that employees possess, resulting in less accurate and realistic budget targets.
Determine how the centralized budgeting?With centralized budgeting, the decision-making power lies solely with Sonic Corp., and employees are not actively involved in setting budget goals or providing input. This approach can create a sense of disempowerment among employees, as they are not given the opportunity to contribute their ideas and suggestions.
As a result, employees may feel less motivated to work towards the budget targets since they were not involved in the decision-making process. Furthermore, when employees are not engaged in the budgeting process, they may lack a sense of ownership and commitment towards achieving the budget goals, leading to reduced motivation and performance.
(b) (i) The nature of responsibility center for the production division of Sonic Corp. is a cost center. The production division is responsible for manufacturing and production processes. Its performance is evaluated based on cost efficiency, quality control, and meeting production targets. The concept that supports responsibility center management in this case is cost control, as the production division's objective is to achieve efficient production processes.
A cost center focuses on controlling and minimizing costs while delivering the desired level of output or service. The production division in Sonic Corp. is primarily concerned with managing costs associated with manufacturing operations, ensuring efficient utilization of resources, and optimizing production processes.
Its responsibility is to produce goods in a cost-effective manner while maintaining quality standards.
(ii) The nature of responsibility center for Sonic (Hong Kong) Co. is a profit center. Sonic (Hong Kong) Co. operates the retail stores in Hong Kong and is responsible for generating revenue and maximizing profitability. Its performance is evaluated based on sales revenue, gross profit margin, and overall profitability.
A profit center is responsible for both generating revenue and managing costs to achieve profitability. Sonic (Hong Kong) Co. operates the retail stores and focuses on driving sales, managing inventory, and controlling expenses to maximize profits.
(c) Two financial performance measures for Sonic (Vietnam) Co. could be:
(i) Return on Investment (ROI): This measure evaluates the profitability of Sonic (Vietnam) Co.'s investments by comparing the net profit generated to the invested capital. It provides insights into the efficiency and effectiveness of capital utilization.
(ii) Gross Profit Margin: This measure assesses the profitability of Sonic (Vietnam) Co.'s operations by determining the percentage of revenue remaining after deducting the cost of goods sold. It indicates the company's ability to generate profit from its products or services.
(d) Non-financial performance measures for each objective:
(i) Increase market share: Customer satisfaction index, which measures the level of satisfaction among Sonic Corp.'s customers and indicates the company's ability to attract and retain customers.
(ii) Provide excellent service to customers: Customer retention rate, which measures the percentage of customers who continue to purchase from Sonic Corp. over a specific period. It reflects the company's ability to maintain customer loyalty and satisfaction.
(iii) Establish competitive edge in product and process innovations: Number of new product launches, which measures the frequency of introducing innovative products to the market. It reflects Sonic Corp.'s commitment to staying ahead of competitors through continuous product development.
(iv) Develop efficient production processes with the latest information technology: Production cycle time, which measures the time taken to complete the entire production process from start to finish. It indicates the efficiency of Sonic Corp.'s production operations and the effectiveness of integrating information technology.
(e) The research and development division could support the objective of establishing a competitive edge in product and process innovations. By investing in research and development activities, such as market research, trend analysis, and technological advancements, the division can identify customer needs, drive product innovation, and enhance production processes.
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If you wanted to make sure a company has enough money available to pay its bills, which financial statement would be
most helpful?
A. Balance sheet
B. Income statement
C. Statement of owners' equity
D. Cash flow statement
Please select the best answer from the choices provided
Answers
Answer:
D: Cash flow statement
Explanation:
A financial statement known as a cash flow statement tracks and compilesto track and compile the amount of liquid assets (cash and cash equivalents) coming into and going out of a corporate entity.
The net amount of cash and cash equivalents moving into (received) and out (given) of a business is known as cash flow. The cash flow consists of three parts;
1. Operating cash flow is the total amount of money that a corporation generates from its operations.
2. Financing cash flow: all of an organization's payments and revenue from the sale of debt and equity.
3. Investing cash flow includes expenses related to capital asset purchases and cash resource investments in other firms.
Consequently, if you want to ensure that a business has adequate financial statements that would be most useful because it assesses how well the business is performing financially in terms of generating revenue to pay its debts and expenses.
What is one thing the government does as it enforces consumer-protection
regulations?
A. collects tariffs from foreign producers
B. tests products such as drugs and automobiles for safety
C. prevents cartels from engaging in price fixing or production
limitation
D. makes sure publicly-traded companies provide stockholders with
financial records
Answers
Answer: B: test products such as drugs and automobiles for safety
Explanation: âpex learning
Suppose that a worker in Cornland can grow either 40 bushels of corn or 10 bushels of oats per year, and a worker in Oatland can grow either 5 bushels of corn or 50 bushels of oats per year. There are 20 workers in Cornland and 20 workers in Oatland. If the two countries do not trade, Cornland will produce and consume 400 bushels of corn and 100 bushels of oats, while Oatland will produce and consume 60 bushels of corn and 400 bushels of oats. If each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by
Answers
Answer:
see. I hope it's helpful for you lolExplanation:
i need friend lol can you my friend
Match the following Teamwork Skills to their descriptions
1.
Cooperative
2.
Participates
3.
Flexible
4.
Committed
5.
Shares Openly
a.
You are willing to share ideas and knowledge
b.
You are involved in activities
c.
Works well with others
d.
You adapt to others' ideas
e.
You are responsible and dedicated
Answers
Answer:
See below
Explanation:
1. Cooperative
Works well with others: A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.
2. Participates
You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.
3. Flexible
You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.
4. Committed
You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals
5. Shares Openly
You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.
a mail-marketing company combines two inputs, pre-stamped envelopes (input 1) and printed marketing campaign material (input 2). every envelope can be stuffed with two pieces of paper. that is, the number of marketing mailers is determined by the following production function: y
Answers
The cost in the short Run for 9 years is $267 is mathematically given as
This is further explained below.
What is the short run?Generally, The idea of the short run proposes that within a certain time frame in the future, at least one of the inputs will be fixed, while the others will continue to be variable.
In the field of economics, it is used to illustrate the concept that the amount of time an economy has to respond to various stimuli may cause it to behave in a variety of different ways.
\(Y = min( { x_1, \frac{ x_2}{5}\)
So in short run, x_2 = 60, Y = 9
9 = min { x_1, 12}
Now, for 9 units of Y, the required amount of X1 is 9.
Generally, the equation for the short run is mathematically given as
SR = w_1y_1 + w_2*X_2
SR= 3*9 + 4*60
SR= 27 + 240
SR= $ 267
In conclusion, the cost in the short term for 9 years is $267
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CQ is attached below
With the help of online research, write a short report on “glocalization.”
Answers
The phenomena of Glocalization, which is best described as Thinking Globally, Acting Locally, is created when the two terms of globalisation and localization are combined.
To put it more properly, we may say that although if a single brand is produced, sold, and distributed globally, it is nevertheless personalised and customised to suit the tastes and preferences of customers in the many global marketplaces.
It is carried out since each region of the world has its own unique culture, linguistic preferences, demands, and desires.
By adjusting their offerings and products to meet the needs of that specific market, businesses may effectively position and place their items, resulting in high revenues and devoted customers.
The following are all global brands, although they cater to the demands of their customers in various parts of the world while selling items.
Chips by Lays (They sell different flavours in different parts of the world, according to the taste preference and eating habits of that country).
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What does GOP mean in America?
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A large party One of the two major political parties in the United States, together with the Democratic Party, is the Republican Party, also known as the Grand Old Party (GOP).
The Republican Party opposed the expansion of slavery into the nation's new territories during the 19th century and finally advocated for the outright abolition of slavery. The party became known for its laissez-faire capitalism, low taxation, and conservative social programs during the 20th and 21st centuries. In the 1870s, the party adopted the acronym GOP, which is frequently pronounced "Grand Old Party." The elephant that serves as the party's official symbol was taken from a Thomas Nast cartoon that was created in the 1870s.
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Nora was looking forward to the training programme which she had been hired to conduct at Syarikat Ceria Selalu. She was an experienced trainer and enjoyed meeting people from different organizations. However, when she arrived at Syarikat Ceria Selalu, a company for which she had never previously conducted training, she was shocked. Upon arriving at the main gate of the large factory compound, she found that the security staff had not been informed that a training programme was being organized that day. Further, as they didn’t seem to speak much Bahasa Malaysia or English, she could not explain to them that she needed to find the Training Department. They waved her in the general direction of the main office lobby where the HR Officer was contacted by the receptionist, who also did not know about the planned training. She had to wait nearly half an hour before the HR Officer arrived to take care of her to the meeting room which was being used for the training.
It was immediate