which of the following statements about institutions (only considering the usage of the term in economics) are correct? institutions include organisations such as universities institutions are the rules of the game. institutions must be written down. institutions determine the power individuals have to get what they want in interactions with others.
Answers
The following claims concerning institutions are true: Institutions are the game's rules, while Institutions must be recorded.
What are organisation examples?The wide range of legal entities exist, includes corporations, governments, non-governmental organisations, political groups, international organisations, armed forces, charities, for-profit businesses, alliances, cooperatives, and educational institutions, among others.
What you mean by Organisations?The community is made up of a group of people who work together, such as a company, community association, nonprofit group, or union. The word "organization" may be used to refer to an individual, a team, a business, or the development of anything.
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Related Questions
Simplify what the mass of a 450 centimeter3 block of silicon if the density of silicon is 2.336 grams/centimeter3
Answers
Answer:
asdasd
Explanation:
adsasd ada sdasdasd ada dasdadastsdfs tstsdf esf
NEED HELP ASAP
In the circular flow diagram with government, what does the government provide directly to firms?
A. expenditures
B. factors of production
C. taxes
D. goods and services
Answers
In the circular flow diagram, the government provides goods and services directly to firms. The correct option is D.
In the circular flow diagram, the government provides goods and services directly to firms. This is represented by the flow of resources from the government sector to the business sector.
The government plays a significant role in the economy by providing public goods and services that are necessary for the functioning of the society as a whole.
Public goods include infrastructure projects like roads, bridges, and public utilities, as well as services such as defense, law enforcement, and education.
These goods and services are not typically provided by private firms, so the government steps in to ensure their provision.
By supplying goods and services directly to firms, the government facilitates the production process and supports the overall functioning of the economy.
This enables businesses to operate efficiently and effectively, contributing to economic growth and development.
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At December 31, 2021, Hull-Meyers Corp had the following onvestments that were purchased during 2021, its first year of operations
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john and mabel's company, high-tech solutions, is a medium-sized high-tech firm with a core employee group of highly skilled professionals. around this core is a group of twice as many part-time contract programmers and other computer professionals. as they win programming contracts, they hire contract workers. when work slows, they let the part-timers go but keep their core group. their target industries are facing increasing government scrutiny and possible regulation due to the number of firms that are doing poor work and causing long-term problems for customers. john believes, when hiring for either the core group or for the part-time work force, they need to look not only at each candidate's technical work skills and competency but also think about other factors as well: the candidate's emotional control, team orientation, self-awareness, self-esteem, and what the company has to offer them in terms of family support. mabel agrees to a degree. she thinks that the key to productivity and quality is through their people, but she wants to focus more on technical competencies and less on the other areas john mentions. high-tech solutions uses teams extensively. employees are trained how to work in teams, handle conflict, work cooperatively, etc. joan, a five-year veteran at high-tech, plays softball in a church league with several of her coworkers. she has asked for investment advice from a couple of the work-group members who are heavily into the stock market. she, in general, highly enjoys her work because of the relationships she has with her coworkers. in sharp contrast, one of the new employees is having a hard time with her supervisor. she wants greater independence and more affirming feedback. the supervisor wants to be sure the new employee can do her job, so he is supervising closely and is giving a lot of corrective feedback. refer to case 1.1. john's approach to hiring is an example of the concept of hiring
Answers
The idea of employing a total person is demonstrated by John's hiring strategy.
The Total Person concept is a way of life that emphasizes goal-setting and action plans that take into account six crucial areas: family and home, financial and career, mental and education, physical and mental well-being, social and cultural diversity, and morality and ethics. In this individualized Plan of Action, self-evaluations are used to help people determine their values, set priorities, and set goals. These efforts enable the individuals in your business to establish equilibrium in all six spheres of existence. People who attain that balance are happier and more productive, according to study, and when everyone is more productive, your organization as a whole performs better.
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IN YOUR OWN WORDS PLEASE!!!!!!!!!!!!!!!!!!! WILL MARK YOU BRAINLIEST
What is the Federal Reserve System?
I need 4-5 sentences
Answers
How are payday lenders different from a bank or credit union?
A. Payday lenders usually offer loans at a much lower rate than
banks and credit unions.
B. Payday lenders usually don't require collateral, unlike banks and
credit unions.
C. Payday lenders often offer loans to people who are unable to get a
loan from a bank or credit union.
D. Payday lenders often offer loans for a longer term than banks or
credit unions.
Answers
The difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
What is payday lending?Payday lending is a type of short-term borrowing where a borrower receives a high-interest credit based on personal income.
The characteristics of payday lending include:
Small-term loansSmall amounts of money are involvedAvailable at short noticeInterest rates are high.Thus, the difference between payday lenders and a bank or credit union is B. Payday lenders usually don't require collateral, unlike banks and credit unions.
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Answer: the answer is C (PAYDAY LENDERS OFTEN OFFER LOANS TO PEOPLE WHO ARE UNABLE TO GET A LOAN FROM A BANK OR CREDIT UNION!!!)
Explanation: I just took the test!
Determine which measure of inflation should be used in each of the given scenarios. a. You're a buyer at an auto factory, and your manager asks you to determine whether your factory is experiencing price increases, similarly to other factories in the rest of the country. The is the best measure of inflation in this scenario because it tracks the prices of . b. A teacher's union wants to include annual cost‑of‑living adjustments in the next contract. The is the best measure of inflation in this scenario because it tracks the prices of .
Answers
Answer:
a. PPI or Producer Price Index because it measures the input used for production.
b. CPI or Consumer Price Index because it measures the cost of common household purchases.
Explanation:
Inflation is general rise in the price level. There are various measures of inflation such as CPI, RPI, CPIX, CPI-CT and core inflation. This inflation measure selection is based on the scenarios by which criteria is made for selection. The businessmen will measure inflation with a different method as compared to a common man.
a. A factory owner will measure the inflation based on PPI. Producer price index measures the change in price of goods sold by manufacturer.
b. A teacher union will measure the inflation as CPI. Consumer price index is the best measure of inflation for a consumer.
the standard time required per unit of a product is 20 minutes. in a day of 8 working hours a worker gives an output of 30 units. if he gets a time rate of ` 20 per hour his total earning under halsey bonus scheme is
Answers
The bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
The Halsey bonus scheme is a productivity-based incentive system that provides workers with a bonus based on the time saved in completing their assigned tasks. Under the Halsey bonus scheme, the worker receives a percentage of the time saved as a bonus.
In this scenario, the standard time required per unit of a product is 20 minutes, which is equivalent to 1/3 of an hour (20/60). The worker is able to produce 30 units in a day of 8 working hours, which means the total time taken for production is 30 units * 1/3 hour per unit = 10 hours.
Since the worker works for 8 hours in a day, the time saved is 10 hours - 8 hours = 2 hours. According to the Halsey bonus scheme, the worker is entitled to a percentage of the time saved as a bonus. The Halsey system typically allocates 30% of the time saved as a bonus.
Therefore, the bonus earned by the worker would be 30% of 2 hours, which is equal to 0.3 * 2 * $20 = $12.
In summary, under the Halsey bonus scheme, the worker's total earning would include the regular wages for 8 hours of work, which is 8 * $20 = $160, along with the bonus earned, which is $12. Hence, the worker's total earning under the Halsey bonus scheme would be $160 + $12 = $172.
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What should the government do during a recession?
Answers
During a recession, Like the outstanding Recession that affected exertions markets around the world during the late 2000s and people that nations are actually experiencing due to the Covid-19 pandemic.
Have a negative impact on jobs and those. The terrible influences can see multiplied unemployment (in particular amongst youngsters), modifications in task popularity (from complete-time to part-time or settlement work), or a lower in work hours (quick-time paintings) or wages. they'll additionally cause persistent reductions in a whole generation’s future income.
While the activity insecurity skilled by way of people may additionally impair their physical and mental health. for the reason that the cutting-edge pandemic doesn’t seem like abating within the close to future, what have to governments be doing to assist their labor markets and workers during such a prolonged length of monetary uncertainty.
A recession is a extensive, pervasive, and continual decline in financial interest. Economists degree a recession's duration from the sooner boom's peak to the downturn's trough. Recessions may very last as low as a few months, however the financial device may not get better to its former top for years.
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(2) Calculate each micro-conversion rate (the conversion rate from one step to the next).
Answers
A conversion can be a macro conversion or also a micro-conversion.
The micro-conversions are known as the completion of small steps or secondary actions by a website visitor which tends to indicate that they are going to convert. Thus, a micro conversion is any incremental step which a user might take in order to show initial interest in a brand or a product.
Micro conversion rate can be calculated as by dividing the total number of conversions by the total number of sessions and also by multiplying it by the number 100.
Hence, micro-conversions can be considered as a strong indicator of the effectiveness of your funnel.
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What is meant by activity analysis? Give 3 criteria for determining whether an activity adds value.
Answers
Answer:
The definition is summarized below and according to the case provided.
Explanation:
The method of trying to break down another operation into comprehensive steps as well as analyzing every other component independently of someone is activity analysis.
The three criteria for deciding not just whether value addition would be an activity or behavior:
The phase must move the product towards the conclusion. The phase without complete redesign should be performed correctly the first time. The clients are concerned and will compensate for the move to be taken.in the short run, which of the following firms should attempt to produce where average costs are at a minimum in order to maximize profits or minimize losses?
a. perfectly competitive firm
b. a monopolistically competitive firm
c. an oligopoly
d. a monopoly
e. none of the above
Answers
Answer: A perfectly competitive firm
Explanation:
A job was budgeted to require 3 hours of labor per unit at $8.00 per hour. The job consisted of 7,100 units and was completed in 19,300 hours at a total labor cost of $172,800. What is the total labor cost variance?
Answers
Answer:
$2,400 unfavorable
Explanation:
Given that;
Time = 3 hours
Cost of labor = $8 per hour
Number of units = 7,100
Total actual labor cost = $172,800
Standard labor cost = 7,100 × 3 × $8 = $170,400
Total labor cost variance = Standard labor cost - Actual labor cost variance
Total labor cost variance = $170,400 - $172,800
Total labor cost variance = -$2,400
The negative sign here means that it is unfavorable, hence total labor cost variance is $2,400 unfavorable
which of these is an unacceptable hiring criterion according to the equal employment opportunity commission?
a. females only
b. two years of experienced preferred
c. must speak Spanish
d. Bachelor's degree required
Answers
Answer:fs
Explanation:g
The unacceptable hiring criterion according to the equal employment opportunity commission is option C must speak Spanish.
What is Equal employment opportunity commission?Federal laws prohibiting discrimination against job applicants or employees on the basis of their race, color, religion, sex (including pregnancy and conditions related to it, gender identity, and sexual orientation), nationality, age (40 or older), disability, or genetic information are enforced by the . Equal Employment Opportunity Commission.
The EEOC has the power to look into claims of discrimination against legally responsible companies. In an investigation, it is the responsibility to fairly and accurately evaluate the charge's allegations before reaching a conclusion.
The appropriate response is option C.
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Which of the following is not an example of a multichannel retailer?
Answers
Answer:A
thats the one
Explanation:
McDonals is the example of multichannel retailer as the company is providing burgers and fries to its different outlets and in diffrent food ordering sites in many countries.
What is multichannel retailer?The technique of selling similar products over multiple channels and platforms is known as multichannel commerce.
The platforms can be both online and offline, with different channels such as brick and mortar stores, online stores, mobile stores, and mobile app stores.
Thus, McDonals is the example of multichannel retailer.
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HBO and Showtime are both considering producing a new television show. They could produce cither a romantic comedy or a historical drama. The profits are illustrated in the accompanying payoff table.
Use the information provided to identify whether each of the given statements is true or false.
Showtime produces a
Showtime produces a
romantic comedy
historical drama
HBO produces a HBO receives S19 million profit HBO receives $22 million profit
romantic comedy Showtime receives S13 million profit Showtime receives $10 million profit
HBO produces a HBO receives $30 million profit HBO receives $25 million profit
historical drama Showtime receives $14 million profit Showtime receives $8 million profit
Statements (separate into true and false):
HBO's best response is always to produce a historical drama
HBO des to produce a comme comedy, then Showtime's best response is to produce a historical drama
Showtime's best repose is to produce am comedy
Answers
According to the graph, the statements are:
HBO's best response is always to produce a historical drama - True HBO chooses to produce a romantic comedy, then Showtime's best response is to produce a historical drama - False Showtime's best repose is to produce a romantic comedy - True
According to the information provided by the graph, we can know the profit of HBO and Showtime according to different scenarios that are:
If HBO and Showtime produce aromatic comedy their profits are $ 19 million (HBO) and $ 13 million (Showtime)If HBO produces romatic comedy and Showtime produces a historical drama their profits are $22 million (HBO) and $ 10 million (Showtime)If HBO and Showtime produce a historical drama their profits are $ 25 million (HBO) and $ 8 million (Showtime)If HBO produces a historical drama and Showtime produces a romantic comedy their profits are $ 30 million (HBO) and $ 14 million (Showtime)
Based on this we can infer that:
HBO's best response is always to produce a historical drama is true because its profits producing historical dramas are $ 25 millions and $ 30 million. On the other hand, producing romantic comedy its profits are $ 19 millions and $ 22 million.
HBO chooses to produce a romantic comedy, then Showtime's best response is to produce a historical drama is false, because the profits of Showtime producing historical drama while HBO produces a romantic comedy is $ 10 million meanwhile its profits producing a romantic comedy are $ 13 or $ 14 million.
Showtime's best response is to produce a comedy is true because its profits are $ 13 and $ 14 million while producing a historical drama its profits are $ 10 millions and $ 8 million.
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Given a function described as the equation y=4x-4, what is y when x is 1, 2, and 3
Answers
Answer:
x=1 y=0, x=2 y=4, x=3 y=8
Explanation:
substitute all the numbers in the x area and multiply then subtract 4
what are the 5 basic seating arrangements used for small group meetings
Answers
Answer:
Family Style Seating.
Classroom Style Seating.
U-shape / Horse Shoe Style Seating.
Explanation:
On August 1, Richardson Company paid $9,900 for one year of advertising in advance. On August 1, Richardson Company debited Advertising Expense, which is an alternate way of recording the initial expenditure. Assume that the advertising is used evenly throughout the year. Required: Journalize the adjusting entry on December 31.
Answers
Answer:
A journal entry for Richardson Company was prepared and is shown below.
Explanation:
Solution
A JOURNAL ENTRY FOR RICHARDSON COMPANY
Date Account Title Debit Credit
Dec 31 Prepared Advertising ($9900 *1/12) 825
Advertising expenses 825
To record for insurance the adjusting entry
Thus,
The advertising expense for the month elapsed in the present year. therefore a one month prepared advertising was deducted or debited.
When a bond price is written as a percentage, what does that mean?
In the example below, what does the "Price 100.5%" mean?
------------
The following announcement is not an offer of securities for sale or an offer to buy securities.
Bond Issue March 1, 2021
$350,000,000
GREEN FOODS, INC.
7.25% Debentures Due December 1, 2031
Price 100.5%
---------------
I need to
a) determine if the market rate of interest is higher or lower than the 8.25%
b) calculate the selling price of the bond.
Answers
1. From the information, the market rate of interest is lower than 8.25%
2. The selling price of the bonds is 351,750,000
How to calculate the price?It should be noted that the selling price of the bonds is determined by multiplying the face value of the bonds by the price percentage.
In this case, the face value of the bonds is $750,000,000 and the price percentage is 100.5%, so the selling price would be:
$350,000,000 x 100.5%
= $351,750,000
It's worth noting that the price percentage being 100.5% means that the bonds are being sold at a slight premium.
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which of the following is a collaboration of software
Answers
Answer:
I dont see anything
Explanation:
This week you’re learning some of the characteristics that will help you practice your relationship building skill (trust, mutual respect, mindfulness, diversity and inclusion, and open communication). Discuss how you are applying at least one of these characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? How does that action contribute to relationship building? Remember to answer each part of the discussion prompt in a thoughtful, logical, and well organized manner. A substantial discussion forum response should make connections to course content, professional experiences, and personal experiences. Also, please respond to at least 1 learner in the class offering thoughtful ideas, asking follow-up questions, and demonstrating respect for others. Suggested Discussion Organization: In paragraph 1, discuss how you are applying at least one of the characteristics in your life right now at home, work, or school. What exactly are you doing and how are you doing it? In paragraph 2, explain how that action contributes to relationship building?
Answers
This is a personal question that should be based on your own experience. To create a discussion prompt about how some characteristics help to build relationships, you can structure the paragraphs with situations where you felt part of a group, like building friendships at school for example.
Mutual respect is a characteristic that must be applied in the social life of individuals to increase security, order, ethics and maintenance of a positive society, and must be shared in all social institutions.
How important is ethics to building relationships?Ethics corresponds to the practice of moral values in a society, that is, it is the set of actions that individuals practice in accordance with respect, empathy, the individual values of others, making society a more just and egalitarian place.
Some ideas to increase the practice of mutual respect and ethics is to be cordial and empathetic to individuals, promoting good social and environmental actions for social well-being.
Therefore, ethics must be promoted in all social spheres to generate greater security, compliance and protection of the natural rights of each individual.
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What is a county and how is it governed?
Answers
A county is a geographical and political division of a state. (Example India and its 29 states)
What does Geographical mean?
Geographical science is the study of the earth's physical features and atmosphere, such as the distribution of plants, animals, landforms, bodies of water, climates, soils, and natural resources. It is used to describe a location's physical characteristics, such as its location, size, shape, climate, and terrain.
How a country is governed ?
The rule of law governs a country. This means that all citizens, regardless of background, must abide by the country's laws. The government of a country is in charge of making, enforcing, and upholding laws. The government is also accountable to its citizens for providing services such as education, health care, and infrastructure. These services may be provided by the central government, state governments, or local governments, depending on the country. The government may also levy taxes on its citizens in order to fund these services. In a democracy, citizens have the right to vote for their representatives, who form the government and make decisions on thier behalf.
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review the 60 Minutes video on Mark Zuckerberg
The person name and their position at the company
Examples of how their leadership style or qualities impact employee performance and morale
Answers
The leader's leadership style has an impact on group performance and goal achievement since it influences employee behavior.
What is leadership about?A leader's leadership style relates to how he or she directs, motivates, and manages others. A person's leadership style also influences how they strategize and implement plans while keeping stakeholders' expectations and the well-being of the team in mind.
Managers are in charge of guaranteeing team success, fostering a pleasant environment, and solving challenging problems. It motivates people to work harder and see their leaders as more effective.
Effective leadership requires strong communication, inclusiveness, and empowerment, and it has a beneficial effect on morale. A team's morale will rise when communication from the top to the bottom improves under competent leadership.
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as an austrian-thai company, red bull has done a remarkable job of positioning itself internationally by coming across as a local company in every country where red bull is sold. Would you be more or less likely to buy redbull knowing the brand is austrian but with a strong tahi influence? Does it generally mattter to consumers where a product orignates from?
Answers
No
It does not actually matter, because what we buy is the quality of the product not where the product is from.
Felicia owns a harvesting machine that she uses to harvest wheat. She operates her harvester on many different
farms each year. Her job is best described as a(n)
Oscar orders, stocks, and sells parts for tractors and other farming equipment. He works for a tractor dealership and
frequently visits different farms to meet customers and show them his products. Oscar's job is best described as a(n)
Jodi is a mechanic who specializes in fixing broken truck and tractor engines. She sometimes works at a tractor
dealership and sometimes visits farms to fix broken-down equipment. Jodi's job is best described as a(n)
Answers
Answers :
1.Agricultural Equipment Operator
2. Parts Salesperson
3. Farm Equipment Mechanic
Answer:
Agricultural Equipment Operator
Parts Salesperson
Farm Equipment Mechanic
Explanation: correct
In the prepare phase of your analysis, you described the data sources you used. According to the Case Study Roadmap, this description should include where the data is located and how it is organized. It should also consider issues with bias or credibility, problems with the data, and how you verified its integrity. Finally, your description should explain how the data helped you answer your questions. Take a moment to review your description now. What steps could you take to make it even more descriptive? 1 point
Answers
To make the description of the data sources in the prepare phase more descriptive, you can consider the following steps:
Specify the location of the dataDetail the organization of the dataAddress bias and credibilitySome steps to make the data sources more descriptiveSpecify the location of the data: Provide specific information about the sources of the data, such as the name of the database, website, or organization where the data was obtained. If applicable, mention any specific datasets or files used.
Detail the organization of the data: Describe how the data is structured or organized, whether it is in a tabular format, spreadsheets, databases, or any other specific format. Mention the variables or fields present in the data and how they are arranged.
Address bias and credibility issues: Discuss any potential biases or credibility concerns associated with the data sources. Consider the source's reputation, the methodology used to collect the data, and any known limitations or biases in the data collection process.
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Entrepreneurial orientation is the tendency of an organization to engage in activities designed to identify and capitalize successfully on opportunities to launch new ventures by entering new or established markets with new or existing goods or services. Are there selected organizations that seem to be more adept at recruiting and retaining these types of employees? Could you provide an example or two of these types of organizations?
Answers
Yes, there are organizations that are generally more adept at recruiting and retaining employees with a strong entrepreneurial orientation.
Examples of such organzations are salesforce and 3M
These organizations often foster a culture and environment that encourages innovation, risk-taking, and entrepreneurial behavior. They provide opportunities for employees to explore new ideas, take ownership of projects, and pursue entrepreneurial initiatives within the company.
Here are a few examples of organizations known for their ability to recruit and retain employees with an entrepreneurial orientation:
Salesforce: Salesforce is a customer relationship management (CRM) software company that has created a culture of innovation and entrepreneurship.
The company values and encourages entrepreneurial thinking among its employees, supporting initiatives such as the "Innovation Hour" where employees can dedicate time to work on their own entrepreneurial projects. Salesforce also has a strong focus on employee development and provides resources and support for employees to grow their skills and pursue new opportunities.
3M: 3M is a multinational conglomerate known for its innovative products across various industries. The company has a long history of fostering an entrepreneurial culture, allowing employees to spend up to 15% of their time on personal innovation projects.
This has resulted in the development of iconic products like Post-it Notes and Scotch Tape. 3M encourages risk-taking, idea-sharing, and collaboration, providing a supportive environment for employees to pursue entrepreneurial endeavors.
These organizations are just a few examples of companies that have successfully created an environment that attracts and retains employees with an entrepreneurial orientation.
By fostering a culture of innovation, providing resources for exploration, and supporting employees' entrepreneurial initiatives, these companies have been able to harness the entrepreneurial talent within their workforce and drive ongoing success and growth.
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critcism of modern management theory
Answers
Critics argue modern management theory is rigid, short-sighted, lacks inclusivity, and limits employee empowerment and engagement.
Modern management theory has received its fair share of criticism. One critique is its overemphasis on rigid hierarchical structures, which can stifle creativity and hinder employee autonomy. Another criticism is the focus on short-term financial gains, often at the expense of long-term sustainability and employee well-being. Critics argue that this approach neglects the importance of social and environmental factors in organizational success. Additionally, modern management theory is often criticized for its lack of inclusivity and failure to address issues of diversity and equity. Furthermore, some argue that the reliance on top-down decision-making and command-and-control structures limits employee engagement and empowerment. These criticisms highlight the need for a more flexible, holistic, and human-centered approach to management that takes into account the complex dynamics of organizations and their impact on individuals and society.For more such questions on Modern management theory:
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Kelly Beaman oversees purchasing surgical supplies for Barnes Hospital. Kelly is evaluating scalpels for the hospital's surgical use. The quantity—price schedules for McKesson are given in the following table. The annual demand for scalpels is 10,000 units. The ordering cost is $150 per order and the annual carrying cost is $1.95 per unit. What is the economic order quantity that should be ordered from McKesson?
Answers
If the ordering cost is $150 per order and the annual carrying cost is $1.95 per unit. The economic order quantity that should be ordered from McKesson is 1,240units.
How to find the EOQ?To determine the economic order quantity (EOQ) for the scalpels, we need to use the following formula:
EOQ = √((2DS)/H)
Where:
D = annual demand for scalpels (10,000 units)
S = ordering cost per order ($150)
H = annual carrying cost per unit ($1.95)
Substituting these values into the formula, we get:
EOQ = √((2 x 10,000 x $150)/$1.95) ≈ 1,240units
Therefore, the economic order quantity for the scalpels that should be ordered from McKesson is approximately 1,240 units. This means that Barnes Hospital should place an order for 1,240 scalpels at a time to minimize the total inventory cost (ordering cost + carrying cost). By doing so, they can minimize the costs associated with ordering and holding inventory while ensuring that they have an adequate supply of scalpels to meet their annual demand.
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