It is worthy to point out tha Nokia has been working extremely hard on sustainability strategy since 2017. What are the attributes of this strategy? Has the company achieved its goal?

Answers

Answer 1

The attributes of sustainability strategy that has made the company to achieved its goal are;

economic viability environmental protection social equity.

What is sustainability strategy?

In order to create long-term benefits for an organization and its employees while keeping an eye on resource conservation and protection, a sustainable business strategy takes economic, environmental, and social factos into account in all of its policies, practices, and procedures.

A prioritized list of actions makes up a sustainability or corporate responsibility strategy. It offers a shared structure for concentrating investment, enhancing performance, and involving both internal and external stakeholders.

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Related Questions

A firm must decide whether to construct a small, medium, or large stamping plant. A consultant's report indicates a 0.40 probability that demand will be low and a 0.60 probability that demand will be high.If the firm builds a small facility and demand turns out to be low, the net present value will be $40 million. If demand turns out to be high, the firm can either subcontract and realize the net present value of $60 million or expand greatly for a net present value of $48 million.The firm could build a medium-size facility as a hedge: If demand turns out to be low, its net present value is estimated at $12 million; if demand turns out to be high, the firm could do nothing and realize a net present value of $45 million, or it could expand and realize a net present value of $50 million.If the firm builds a large facility and demand is low, the net present value will be -$30 million, whereas high demand will result in a net present value of $75 million.

a. Draw a decision tree for this problem.

b. Which size of facility the firm should construct? What is the expected payoff for this alternative?

a. Conclusion: Build a medium facility, with an expected payoff of $56.5 million.

b. Conclusion: Build a large facility, with an expected payoff of $48.6 million.

c. Conclusion: Build a small facility, with an expected payoff of $52.0 million.

Answers

The firm should construct a medium-size facility. The expected payoff for this alternative is $56.5 million. make the decision, we can create a decision tree.

We start with the three possible facility sizes: small, medium, and large. Then, we consider the probabilities of low demand (0.40) and high demand (0.60). For the small facility, if demand is low, the net present value is $40 million.

For the medium facility, if demand is low, the net present value is $12 million. If demand is high, the firm can do nothing and realize a net present value of $45 million, or it can expand and realize a net present value of $50 million. For the large facility, if demand is low, the net present value is -$30 million. If demand is high, the net present value is $75 million. Comparing the expected payoffs, we see that the medium facility has the highest expected payoff of $31.8 bmillion. Therefore, the firm should construct a medium-size facility.

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consider the market for widgets. widgets are manufactured by firm m , who sells them to at price ww to wholesaler firm w , who sells them at price wr

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The market for widgets consists of firm M, who manufactures the widgets, and firm W, who acts as the wholesaler for these widgets. Firm M sets the price for the widgets as WW, which is the price at which they sell the widgets to firm W. Firm W then sells the widgets to customers at a price of WR.

In this market, there are two key players: firm M and firm W. Firm M is responsible for manufacturing the widgets, while firm W acts as the intermediary between firm M and the customers. Firm M sets the price WW, which represents the price at which they sell the widgets to firm W. Firm W then adds a margin and sets the final price WR at which they sell the widgets to the customers. For example, let's say that firm M sets the price WW at $10 per widget. Firm W, as the wholesaler, decides to add a margin of $5 per widget. This means that firm W will sell the widgets to customers at a price WR of $15 per widget.

The relationship between the prices WW and WR is important because it determines the profit margins for both firm M and firm W. If the price WW is too high, it may affect the demand for the widgets, and firm W might struggle to sell them at a profitable price. On the other hand, if the price WW is too low, it might impact the profitability of firm M. Overall, the market for widgets involves firm M manufacturing the widgets and selling them to firm W at a price WW. Firm W then adds a margin and sells the widgets to customers at a price WR.

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. What is NOT the Major Disclosure component in the "Fieldwork Completion" phase? Illegal acts Related party transactions Subsequent event Going concern 4. The scope of an audit is not restricted when an attorney's response to an auditor as a result of a client's letter of audit inquiry limits the response to Matters to which the attorney has given substantive attention in the form of legal representation. An evaluation of the likelihood of an unfavorable outcome of the matters disclosed by the entity. The attorney's opinion of the entity's historical experience in recent similar litigation. The probable outcome of asserted claims and pending or threatened litigation. 5. Which of the following statements extracted from a client's lawyer's letter concerning litigation, claims, and assessments most likely would cause the auditor to request clarification? I believe that the possible liability to the company is nominal in amount. I believe that the action can be settled for less than the damages claimed. I believe that the plaintiff's case against the company is without merit. I believe that the company will be able to defend this action successfully.

Answers

Fieldwork completion phase is one of the phases of an audit. During this phase, the auditor evaluates the audit evidence obtained from the client. The evidence should be sufficient and competent enough to support the opinion that the auditor expresses.

One of the major components of the fieldwork completion phase is the "subsequent event". Therefore, the answer is "Subsequent event".The scope of the audit may be restricted if an attorney's response to an auditor, as a result of a client's letter of audit inquiry, limits the response to matters to which the attorney has given substantive attention in the form of legal representation.

Therefore, the answer is "An evaluation of the likelihood of an unfavorable outcome of the matters disclosed by the entity".The auditor may request clarification on which of the following statements extracted from a client's lawyer's letter concerning litigation, claims, and assessments: "I believe that the possible liability to the company is nominal in amount".

This statement can be interpreted in different ways, and it is unclear whether the lawyer means that the potential liability is minor or that the company is unlikely to be liable at all. Therefore, this statement would cause the auditor to request clarification.

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occurring at 50 percent. DSC uses a discount rate of 12 percent in evaluating potential capital investments. Present value factors at 12 percent are as follows: The U.S. operation will distribute 100 percent of its after-tax annual cash flow to DSC as a dividend at the end of each year. The terminal value of the investment at the end of three years is estimated to be US\$25,000,000. The U.S. withholding tax on dividends is 5 percent; repatriation of the investment's terminal value will not be subject to U.S. withholding tax. Neither the dividends nor the terminal value received from the U.S. investment will be subject to British income tax. Exchange rates between the GBP and USD are forecasted as follows: Required: a. Determine the expected net present value of the potential U.S. investment from a project perspective. b. Determine the expected net present value of the potential U.S. investment from a parent company perspective.

Answers

GBP US$ Investment (in US$) 10000000 Exchange rate 1.20 GBP/US$ Total investment in GBP 8333333.33 Terminal Value in US$ 25000000 Exchange rate 1.30 GBP/US$ Terminal value in GBP 19230769.23 Total Cash Flow in GBP 27564102.56 Calculation of after-tax cash flow:

GBP US$ Total Cash Flow 27564102.56 U.S. tax on dividends (5%) (1378205.13) Net Cash Flow 26185897.43 Calculation of the net present value using a discount rate of 12%:

GBP US$ Year 0 (investment) (8333333.33) Year 1 24807692.30 19890546.23 Year 2 24807692.30 17783128.82 Year 3 (terminal value) 14874745.56 11513055.76 a. From the project perspective is US$52,420,472.96b. From the parent company perspective is US$39,038,397.47.

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to best balance their time and the information they obtain, how often must revenue managers analyze sales in each of their identifiable revenue centers?

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To best balance their time and the information they obtain, revenue managers must **regularly** analyze sales in each of their identifiable revenue centers.

Analyzing sales in revenue centers should be done **frequently** to ensure effective revenue management. The exact frequency may vary depending on factors such as the industry, business size, and specific revenue centers involved. However, regular analysis allows revenue managers to stay informed about the performance of each revenue center, identify trends, spot potential issues, and make data-driven decisions.
By conducting regular analyses, revenue managers can assess the effectiveness of pricing strategies, monitor demand patterns, evaluate the impact of promotions or discounts, and identify opportunities for revenue optimization. This proactive approach enables revenue managers to make timely adjustments, allocate resources effectively, and maximize revenue across all identifiable revenue centers.
The frequency of analysis may range from daily, weekly, monthly, or even quarterly, depending on the nature of the business and the revenue cycles involved. It is crucial for revenue managers to strike a balance between the frequency of analysis and the time required to gather and analyze the data, ensuring they have up-to-date information to support their revenue management strategies and decision-making process.

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A profit-maximizing monopoly typically: A. Produces less than the Pareto-efficient quantity. B. Produces more than the Pareto-efficient quantity. C. Produces exactly the Pareto-efficient quantity. D. Sometimes produces more and sometimes produces less than the Paret-efficient quantity Question 2 Which of the following is a trade-off which a monopoly is facing, but a competitive firm is not facing? A. In order to sell another unit, the firm must pay its cost of production. B. In order to sell another unit, the firm must lower the price it charges. C. Both of the answers above are correct. D. Neither of the answers above are correct. Question 3 When we say that the train is a natural monopoly, we mean to say that: A. It is a monopoly only because the government is preventing competition. B. It is a monopoly because some past coincidence gave it an advantage over potential competitors. C. It is a monopoly because of the structure of the production costs in the industry. D. Non of the above is correct.

Answers

Question 1: For profit-maximizing monopoly : Option A is the correct . Question 2: For  trade-off which a monopoly : Option B is the corretc. Question 3: For natural monopoly : Option C is the correct.

Question 1:A profit-maximizing monopoly typically produces less than the Pareto-efficient quantity because of the high prices they charge, which restrict the quantity demanded by the consumers. It is in contrast to the competitive market where the equilibrium price is low, and all willing consumers are served. Therefore, option A is the correct .

Question 2:A monopoly has the power to influence the market price by changing the quantity it produces. For example, if it increases the quantity, the market price goes down, and vice versa. A monopoly faces a trade-off between quantity and price, whereas a competitive firm does not have such power and must sell at a given market price. Therefore, option B is the correct.

Question 3: When we say that the train is a natural monopoly, we mean that it is a monopoly because of the structure of the production costs in the industry. The railway infrastructure requires a significant upfront investment, and the marginal cost of transporting an additional person or tonne of goods is minimal. So, it makes sense to have only one train operator in the market. Therefore, option C is the correct .

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Suppose every student in your section or study group, given their preferences and constraints, consumed goods and services optimally (i.e. as consumer choice theory would predict).
a) For an individual, certain cells on any single line would depend on each other. through what formulas would those cells be linked?
b) Of the five variables, which one would be most similar across all students? Explain your answer.

Answers

a) If every student in your section or study group consumed goods and services optimally according to the consumed choice theory, certain cells on any single line would depend on each other.

In order to link those cells, certain formulas could be utilized to showcase the relationship between them. For instance, the relationship between the price of a good or service and the quantity demanded by the individual student can be described through the use of the price elasticity of demand formula.

The formula for the price elasticity of demand is given as:Elasticity = % Change in Quantity Demanded / % Change in PriceThe price elasticity of demand can be used to link the cells that reflect the price and quantity demanded of a particular good or service for each student in the section or study group.b) Of the five variables, the income of the individual students would be most similar across all students.

This is because the section or study group would comprise of individuals that are pursuing the same course, and most likely in the same institution. Therefore, there is a high possibility that they have similar income levels since they are at the same stage of life and pursuing the same level of education.

However, it is important to note that certain students may have additional sources of income outside of what they are receiving for school, which could make their income levels differ slightly.

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With an open-ended bridging loan, the lender should:
Select one:
a.
Always ensure that there is a substantial margin between the loan amount and the expected sale amount to allow for unexpected events.
b.
Treat the loan as the same risk as a closed-ended bridging loan.
c.
Ignore the property market cycle because housing prices only go up.
d.
Not consider the cash flows of the borrower.
e.
None of the above

Answers

The correct answer is a. Always ensure that there is a substantial margin between the loan amount and the expected sale amount to allow for unexpected events.

With an open-ended bridging loan, which is a type of short-term loan typically used in real estate transactions, it is important for the lender to ensure that there is a substantial margin between the loan amount and the expected sale amount. This is because open-ended bridging loans are typically used when there is uncertainty about the timing or final sale price of the property. The lender should account for potential unexpected events, such as delays in the sale or a lower-than-expected sale price, by providing a sufficient margin of safety. This helps mitigate risk and ensures that the loan can be repaid even if there are unforeseen circumstances. Therefore, option a. is the correct answer.

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For all branches, explain and then give examples that show your
understanding of the topic
What are the differences between needs and demands In
addition, add: 5 Needs – examples | 8 Demands -
ex

Answers

Needs and demands are two terms that are often used interchangeably, however, they have different meanings. Needs are the basic necessities of life that are essential for survival, while demands refer to the wants or desires of individuals which may or may not be necessary for survival.

Needs are the basic requirements for human survival, while demands are the wants or desires that an individual seeks to satisfy. The following are five examples of needs: Food and water: These are the most basic needs for human survival. Without food and water, humans cannot survive.

Shelter: Shelter is necessary to protect individuals from the elements and provide them with a place to rest. Clothing: Clothing is needed to protect the body from the elements and maintain modesty. Healthcare: Medical attention is necessary to maintain good health.

Education: Education is necessary to acquire knowledge and skills and secure employment. Eight examples of demands are: Mobile phones: These are devices that are used to communicate with others and access the internet.

Internet: The internet is used to access information, communicate with others, and conduct business.

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A strategic group is a group of other companies within the same industry that top managers choose for comparing, evaluating, and benchmarking their company's strategic threats and opportunities.
True/False

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The statement that a strategic group is a group of other companies within the same industry that top managers choose for comparing, evaluating, and benchmarking is false.

A strategic group refers to a collection of companies within an industry that shares similar strategic characteristics and business models. These characteristics can include factors such as target market segment, pricing strategy, distribution channels, product differentiation, and competitive advantage.
By identifying and analyzing strategic groups, companies can gain insights into their position within the industry and understand how they compare to their competitors.
However, the primary purpose of strategic group analysis is not solely focused on comparing, evaluating, and benchmarking a company's strategic threats and opportunities. Strategic group analysis helps companies understand the competitive dynamics within their industry, identify key rivals, assess the potential for collaboration or competitive actions, and make strategic decisions accordingly.
Comparing, evaluating, and benchmarking a company's strategic threats and opportunities typically involves a broader analysis that may include factors such as market trends, customer behavior, technological advancements, regulatory changes, and competitive forces. While strategic group analysis can provide useful insights, it is just one tool in a larger strategic analysis toolkit.

Therefore, the statement that a strategic group is a group of other companies within the same industry that top managers choose for comparing, evaluating, and benchmarking their company's strategic threats and opportunities is false.

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New job has 2 pay options. 1. $14,000, commission of 10%. 2. base salary $19,000, commission 4%. how much would you have to sell for option 1 to produce a largee income?

Answers

To produce a larger income than option 2, option 1 requires $83,333.33 in sales.

Here are the two pay options:

Option 1: Base salary of $14,000 with a commission of 10%.

Option 2: Base salary of $19,000 with a commission of 4%.

We need to find the amount of sales required for option 1 to produce a larger income than option 2.

Let's first calculate the total income from option 2:

Total Income = Base Salary + Commission

= 19,000 + 0.04 * Sales

We need to set this equal to the total income from option 1 and solve for sales:

14,000 + 0.10 * Sales = 19,000 + 0.04 * Sales

0.06 * Sales = 5,000

Sales = 83,333.33

Therefore, you would need to sell $83,333.33 for option 1 to produce a larger income than option 2.

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SBH Enterprises has traditionally paid $1.00 a year on its common shares. The management have recommended this be increased to $1.10. This action suggests that the management expect future earnings growth will be sustainable, and the stock market reacts positively to the dividend announcement. What dividend theory best explains this situation? a. The dividend content/signalling theory b. The bird-in-the-hand theory c. The agency conflict theory d. A and B e. A and C

Answers

SBH Enterprises has traditionally paid $1.00 a year on its common shares. The management have recommended this be increased to $1.10. This action suggests that the management expect future earnings growth will be sustainable,

and the stock market reacts positively to the dividend announcement. The dividend theory that best explains this situation is a. The dividend content/signalling theory. This is because the dividend content theory suggests that investors associate higher dividends with greater future earnings and they read dividend increases as signals that companies anticipate higher earnings and that earnings growth will be sustainable. The dividend content/signalling theory best explains this situation.A company's dividend policy is defined as the guidelines and procedures used to decide when and how much of a company's earnings to pay out to shareholders.

The most common dividend policies are constant dividend per share, constant dividend payout ratio, residual, and hybrid. While there are many theories on how and why companies should distribute earnings, the dividend content/signaling theory suggests that higher dividends are associated with greater future earnings, and that dividend increases signal that companies anticipate higher earnings and that earnings growth will be sustainable.

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Graded potentials adhere to the all-or-none principle. true / false

Answers

Graded potentials are proportional to the strength of the input signal and can vary in magnitude.

False. Graded potentials do not adhere to the all-or-none principle.

The all-or-none principle is a concept in physiology, neurology, and biology that states the strength of a neural response is consistent and determined by the intensity of the stimulus. According to this principle, an excitable cell will either respond completely or not at all to a stimulus, without any partial response. However, graded potentials, which are changes in the membrane potential of a cell, do not adhere to the all-or-none principle.

Graded potentials exhibit a proportional relationship between the size of the potential and the strength of the input signal. In other words, the larger the input signal, the larger the resulting graded potential. It is important to note that graded potentials can contribute to the generation of action potentials in neurons if they reach a certain threshold level. The decision for an action potential to occur depends on the summation of graded potentials.

Unlike action potentials, graded potentials are not obligated to trigger an action potential. Their occurrence is contingent upon the strength of the input signal. On the other hand, action potentials consistently occur with the same intensity and rely on reaching a specific threshold level. Therefore, graded potentials deviate from the all-or-none principle due to their variable response based on input strength.

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Chapter 12: Applying Excel Data Example E *Use the formulas from Appendix 13B: Present value of $1=1/(1+r) n
n Present value of an annuity of $1=(1/r) ∗
(1−(1/(1+r) ∧
n)) where n is the number of years and r is the discount rate

Answers

The formulas from Appendix 13B of Chapter 12 give a means to compute the present value of a future cash flow or an annuity in financial calculations. The following are the formulas:

1. The present value of $1 is equal to 1 / (1 + r). The present value of a single future cash flow is determined using this formula. It accounts for both the number of periods (n) before the cash flow is received as well as the discount rate (r). We can calculate the present value of the future value by discounting it. 2. The present value of a $1 annuity is calculated as follows: PV = (1 / r) * (1 - (1 / (1 + r)n)) This formula determines the present value of an annuity, which is a series of equal cash flows that will be received on a monthly basis. It the discount rate (r) and the duration (n) of the cash flows are taken into account. The temporal value of money is considered, and each cash flow is discounted to its present value. Both formulas are crucial tools for doing financial analysis, valuing investments, and determining the value of upcoming cash flows. The present value of future cash flows can be calculated using these methods, allowing one to make decisions based on their current value.

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Explain fully what is meant by recessionary and inflationary gaps and how these gaps are measured
Explain fully how the economy removes these gaps to reach full employment equilibrium with no inflation without government intervention.
Explain with a graph

Answers

Recessionary and Inflationary gaps Recessionary gap is the difference between the equilibrium level of output and the actual output of an economy.

It occurs when the economy is operating below the full employment level.

In contrast, Inflationary gap is the gap between the equilibrium level of output and the actual output of an economy.

It occurs when the economy is operating above the full employment level.

Measuring Recessionary and Inflationary Gaps Recessionary and inflationary gaps can be measured using the following formula:

Recessionary gap = Y

p - Inflationary gap = Y

f - Y p   Where ,Y

p = Potential output

Yf = Actual output Potential output is the highest amount of output an economy can produce without generating inflation.

Full employment equilibrium occurs when the actual output is equal to the potential output.

The inflation rate is zero at full employment equilibrium.

How the Economy removes these gaps to reach full employment equilibrium with no inflation without government intervention In a market economy,

The process of price adjustments and the reduction of output continue until full employment equilibrium is reached with no inflation.

The graph below illustrates how the economy removes recessionary and inflationary gaps to reach full employment equilibrium with no inflation without government intervention

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Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas instrument negotiates a much lower monthly rent on their lease. The demand for Tl calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease. The demand for TI calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease. The demand for Tl calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equi and the equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease. The demand for TI calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the equilibriun Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease. The demand for Tl calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Casio calculators announces higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease. The demand for TI calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will be asked to upload your graphs at the end.] Texas Instrument (TI) announces on their social media page that their calculators will go on sale in two months! The demand for TI calculators What factor caused the shift? The supply of TI calculators What factor caused the shift? As a result, the market equilibrium price and the market equilibrium quantity Use a supply and demand graph to show the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators. [You will upload your graphs at the end.] Students are great at math and can do calculations in their head and at the same time workers at the calculator factory are more productive. The demand for Tl calculator What factor caused the shift? The supply of Tl calculators What factor caused the shift? As a result, the market equilibrium price and the equilibrium quantity

Answers

Graph showing the impact of the following on the equilibrium price and quantity in the market for Texas Instrument calculators:

Explanation: When Casio calculators announce higher prices for consumers and at the same time Texas Instrument negotiates a much lower monthly rent on their lease, the demand curve will shift leftward while the supply curve will shift rightward.

The shift in the demand curve is due to the substitute effect whereby customers prefer Casio calculators to TI calculators.

On the other hand, the shift in the supply curve is due to an increase in supply resulting from Texas Instruments a much lower monthly rent on their lease. When Texas Instruments announces that their calculators will go on sale in two months, the demand curve shifts rightward due to the change in consumer expectations.

However, the supply curve remains constant, and the market equilibrium price and the equilibrium quantity increase.

Student's being great at math and workers at the calculator factory being more productive will cause the demand and supply curve to shift rightward, respectively.

As a result, the market equilibrium quantity will increase while the market equilibrium price remains constant.

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which theory of regulation suggests that regulatory outcomes reflect the desire of regulatory agencies to increase their own budgets and power more than they reflect any interests of business or the public?

Answers

According to this theory, regulatory outcomes are driven by the desire of regulatory agencies to increase their own budgets and power, rather than reflecting the interests of businesses or the public.




The public interest theory of regulation suggests that regulatory agencies aim to regulate industries in a way that benefits the public as a whole. However, critics of this theory argue that regulatory outcomes often prioritize the interests of regulatory agencies themselves. These agencies may seek to expand their budgets and increase their power, which can lead to regulations that are not necessarily aligned with the best interests of businesses or the public.



For example, regulatory agencies may implement stricter regulations or impose higher fines on businesses in order to justify their need for increased funding. This can result in burdensome regulations that hinder business growth and innovation, without necessarily providing significant benefits to the public.In summary, the public interest theory of regulation proposes that regulatory outcomes are influenced by the desire of regulatory agencies to increase their own budgets and power, rather than reflecting the interests of businesses or the public.

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Many people think capitalism gives entrepreneurs the best
opportunity to be successful. Do you agree with this line of
thinking or do you disagree. Please expand on your choice you
take.

Answers

Capitalism is an economic system where private individuals or firms own and operate the economy, with the objective of generating profits.

It allows entrepreneurs to start businesses and make decisions regarding their operations. Whether or not capitalism gives entrepreneurs the best opportunity to be successful is a subject of controversy. There are advantages and disadvantages to capitalism as an economic system, and some of these are related to the opportunities available to entrepreneurs. Those who support capitalism argue that it provides entrepreneurs with the best chance to be successful.

This is because it promotes competition, which encourages innovation and efficiency. Entrepreneurs who are successful in creating businesses that are able to meet the demands of consumers will be rewarded with profit. The ability to make decisions about how to run their business allows entrepreneurs to be creative and pursue their own goals. Supporters of capitalism argue that this creates an environment where businesses thrive and entrepreneurship is encouraged.

On the other hand, those who are against capitalism argue that it is not the best system for entrepreneurs. They argue that capitalism creates inequalities, with only a few individuals or firms owning and controlling the majority of the wealth in the economy. This means that small entrepreneurs are not able to compete with larger businesses that have more resources.

In conclusion, whether or not capitalism gives entrepreneurs the best opportunity to be successful is a matter of debate. While it provides entrepreneurs with the ability to make their own decisions and pursue their own goals, it can also create inequalities and encourage unethical behavior.

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. Which of the following are presented in the proprietary funds statement of net position of a state or

Answers

The statement of net position of a state or local government's proprietary funds presents the following items: assets, deferred outflows of resources, liabilities, deferred inflows of resources, and net position.

The proprietary funds are account groups that are used to maintain accounting records for operations that are similar to those found in the private sector.The statement of net position is a statement of financial position that displays information on an entity's assets, deferred outflows of resources, liabilities, deferred inflows of resources, and net position at a given date.

The statement of net position is created by a state or local government's proprietary funds, which are used to maintain accounting records for operations that are similar to those found in the private sector. A typical format divides the assets and deferred outflows of resources into current and noncurrent categories, and divides the liabilities and deferred inflows of resources into current and noncurrent categories as well.

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an mnc's cash flows are likely to be less volatile if its percentage of foreign sales is and the number of foreign countries it sells products to is . a. high; large b. high; small c. low; small

Answers

An MNC's cash flows are likely to be less volatile if its percentage of foreign sales is high and the number of foreign countries it sells products to is large. Thus, option A is the correct option.

An MNC's cash flows are likely to be less volatile if its percentage of foreign sales is high and the number of foreign countries it sells products to is large. This is because a diversified international presence can help mitigate risks associated with specific countries or regions.

When an MNC has a high percentage of foreign sales, it reduces its dependence on a single domestic market. If one market experiences economic downturns or other adverse conditions, the MNC can rely on its sales from other countries to offset the impact. This diversification spreads the risk across multiple markets and reduces the overall volatility of cash flows.

Similarly, selling products in a large number of foreign countries provides further diversification. By operating in various countries with different economic cycles, political environments, and consumer preferences, the MNC is less vulnerable to shocks in any single market.

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SDJ, Inc., has net working capital of $-255, current liabilities
of $4,227, and inventory of $346. What is the current ratio?

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The ability of a corporation to pay off its short-term creditors with its short-term assets is gauged by the current ratio, a financial statistic. It is computed by subtracting the current liabilities from the current assets of the business.

While current liabilities are debts that must be paid off within a year, current assets are possessions that are anticipated to be sold for cash or used up within a year. We must ascertain the value of current assets in order to calculate the current ratio. We may determine the current assets as follows given that the company's net working capital is $-255 and its inventory is $346: Inventory plus Net Working Capital is $346 plus (-$255) = $91 in terms of current assets. We can now determine the current ratio: Current Assets / Current Liabilities = $91 / $4,227 is the current ratio. the present ratio is roughly 0.0216 or (rounded to two decimal places) 2.16%.

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bank a holds a lien on a home on which bank b already had a lien. the lenders subsequently entered into an agreement in which bank a moved into a first lien position. this is an example of a:

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When Bank A holds a lien on a home on which Bank B already had a lien, and the lenders subsequently entered into an agreement in which Bank A moved into a first lien position, this is an example of a "Subordination Agreement".

A subordination agreement is a legal document used to establish one debt as ranking behind another in priority for collecting repayment from a debtor.

Subordination agreements are most frequently used in the context of mortgages, but they can be used in any situation where one party wants to take priority over another concerning debt repayments.When multiple lenders have claims to the same assets or properties, they may enter into a subordination agreement to regulate their claims. The agreement specifies the order in which creditors will be paid out from the proceeds of a sale. S

ubordination agreements are most often used in the context of real estate mortgages because they allow the primary lender to maintain the first lien position on the property even if additional debt is secured by the property. In such cases, the lienholder with the first mortgage is entitled to repayment before the second-lien holder.If Bank A moves into a first lien position, it means that Bank A will be paid out first in the event of a foreclosure. This is because Bank A now has a superior claim to the property and must be paid before Bank B.

This is why a subordination agreement is essential in establishing which lender takes precedence over others. This legal agreement clarifies the order of lien holders and outlines how the claims will be settled between the parties involved.

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Project Part 1B: Gap Analysis Plan and Risk Assessment Methodology: Students will create a gap analysis plan. They will also review two risk assessment methodologies and recommend one the company should use to perform a risk assessment
Scenario
After the productive team meeting, Fullsoft’s chief technology officer (CTO) wants further analysis performed and a high-level plan created to mitigate future risks, threats, and vulnerabilities. As part of this request, you and your team members will create a plan for performing a gap analysis, and then research and select an appropriate risk assessment methodology to be used for future reviews of the Fullsoft IT environment.
An IT gap analysis may be a formal investigation or an informal survey of an organization's overall IT security. The first step of a gap analysis is to compose clear objectives and goals concerning an organization's IT security. For each objective or goal, the person performing the analysis must gather information about the environment, determine the present status, and identify what must be changed to achieve goals. The analysis most often reveals gaps in security between "where you are" and "where you want to be."
Two popular risk assessment methodologies are NIST SP 800-30 revision 1, Guide for Conducting Risk Assessments, and Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE). Your focus will be on the OCTAVE Allegro version, which is a more concise version of OCTAVE. When reviewing the methodologies, consider the following:
Which features or factors of each methodology are most important and relevant to Fullsoft?
Which methodology is easier to follow?
Which methodology appears to require fewer resources, such as time and staff, but still provides for a thorough assessment?
Tasks:
Create a high-level plan to perform a gap analysis.
Review the following two risk assessment methodologies:
NIST SP 800-30 rev. 1, Guide for Conducting Risk Assessments (formerly titled " Risk Management Guide for Information Technology Systems")
Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE), Allegro version
Create a report that includes the gap analysis plan, a brief description of each risk assessment methodology, a recommendation for which methodology Fullsoft should follow, and a justification for your choice

Answers

A gap analysis plan is the formal process of evaluating the differences in performance or functionality between existing systems and desired systems or results. Based on the analysis, we recommend that Fullsoft use the OCTAVE Allegro methodology for its risk assessment.

Gap analysis plan:

A gap analysis plan is the formal process of evaluating the differences in performance or functionality between existing systems and desired systems or results. In order to conduct a gap analysis, clear objectives and goals must be established to identify what needs to be changed to achieve these goals. By performing a gap analysis, Fullsoft can identify gaps in security between "where you are" and "where you want to be" and develop strategies to mitigate these risks.

Risk assessment methodologies:

Two risk assessment methodologies that Fullsoft can use to evaluate its IT environment are NIST SP 800-30 revision 1, Guide for Conducting Risk Assessments, and Operationally Critical Threat, Asset, and Vulnerability Evaluation (OCTAVE) Allegro version. While both methodologies are designed to help organizations identify potential risks, they have different strengths and weaknesses.

NIST SP 800-30 rev. 1:

This methodology focuses on identifying and analyzing threats, vulnerabilities, and potential impacts to an organization's information and information systems. This methodology is more complex, requiring a longer assessment period and more resources to complete. However, it provides a comprehensive overview of potential risks.

OCTAVE Allegro:

This methodology is designed to help organizations identify potential risks to their information and information systems. It is a more concise version of the original OCTAVE methodology, requiring fewer resources to complete. This methodology is more straightforward and easier to follow than NIST SP 800-30 revision 1.

Recommendation:

Based on the analysis, we recommend that Fullsoft use the OCTAVE Allegro methodology for its risk assessment. This methodology is more straightforward and easier to follow, requiring fewer resources to complete. While it may not provide as comprehensive an assessment as the NIST SP 800-30 revision 1 methodology, it is still thorough enough to identify potential risks to Fullsoft's IT environment.

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Betty’s Bakery has the following standard cost sheet for one unit of its most popular cake: SQ SP Direct materials 1.2 pounds $ 1.50 per pound Direct labor 0.8 hours $ 12.00 per hour During the month of May, the company made 820 cakes and incurred the following actual costs: Direct materials purchased and used (1,180 pounds), $1,534 Direct labor (880 hours), $10,120 Required: Calculate the direct materials price variance. Calculate the direct materials quantity variance. Calculate the direct materials spending variance. Calculate the direct labor rate variance. Calculate the direct labor efficiency variance. Calculate the direct labor spending variance. Note: For all requirements, Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Round your intermediate calculations to two decimal places.

Answers

Betty’s Bakery has a standard cost sheet for one unit of its most popular cake.

The following data is provided:

SQSP

Direct Materials1.2 pounds$1.50 per pound

Direct labor0.8 hours$12.00 per hour

During May, the company made 820 cakes and incurred the following actual costs:

Direct materials purchased and used (1,180 pounds)

$1,534 Direct labor (880 hours)

$10,120

A standard cost sheet is a statement of expected costs for a unit of a product under expected operating conditions.

The actual costs incurred during the period are then compared to the expected costs specified in the standard cost sheet to determine variances between actual and expected costs.

Betty’s Bakery will use the variances to determine how much it deviated from its plan and use this information to adjust its processes.

Variance analysis provides a useful basis for determining performance.

Direct Material Variances Direct Material Price Variance = Actual Quantity of Material Purchased x (Actual Price – Standard Price)

AQ (AP – SP) =1,180 x ($1.30 - $1.50)

AQ (AP – SP) =1,180 x -$0.20

AQ (AP – SP) =-$236

Direct Material Quantity Variance = Standard Quantity x (Actual Price – Standard Price)SQ (AP – SP) = 1.2 pounds x ($1.30 - $1.50)

SQ (AP – SP) = 1.2 x -$0.20

SQ (AP – SP) = -$0.24

Direct Material Spending Variance = Actual Quantity of Material Purchased x (Actual Price – Standard Price)

AQ (AP – SP) =1,180 x ($1.30 - $1.50)

AQ (AP – SP) =1,180 x -$0.20

AQ (AP – SP) =-$236 Direct Labor Variances
Direct Labor Rate Variance = Actual Hours Worked x (Actual Rate – Standard Rate)

AH (AR – SR) =880 x ($12.50 - $12.00)

AH (AR – SR) =880 x $0.50

AH (AR – SR) =$440

Direct Labor Efficiency Variance = Standard Hours Allowed x (Actual Rate – Standard Rate)SH (AR – SR) =820 x (0.8 – 0.9)SH (AR – SR) =820 x -$0.10SH (AR – SR) =-$82

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What a company purchased its building, it was assumed that the building would have a useful life of thirty years. Now, ten years later, it appears that the building will be useful for a further twenty-five years (beyond today's date). Select one of these three items - Is this considered: an error; a change in estimate; a change in policy. And then: Select one of these two items - Should this be adjusted: retrospectively; prospectively NOTE - two boxes should be selected!

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When a company purchased its building, it was assumed that the building would have a useful life of thirty years. Now, ten years later, it appears that the building will be useful for a further twenty-five years (beyond today's date).

Change in estimate should be considered in this case. Moreover, it should be adjusted prospectively. The adjustment made to the financial statements as a result of the change in estimate is referred to as a change in accounting estimate. These changes are made when the company reassesses its assumptions regarding the future outcomes of events and transactions.

Change in accounting estimates A change in accounting estimate occurs when a company revises its estimate of the amount, timing, or uncertainty of future cash receipts or payments from an existing liability or asset. Change in estimate should be considered in this case. It should be adjusted prospectively. Prospective adjustment means that it will affect future financial statements, but not previous ones. An estimate cannot be corrected retrospectively because the actual situation is different from the original estimate, and it cannot be reversed.

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Assume that sales are $100,000, variable costs are $40,000, and fixed costs are $10,000.

What is the degree of operating leverage?
a) 1.20
b) 2.00
c) 1.50
d) 0.02

Answers

The correct answer is option (b) which is the degree of operating leverage is 2.00.

The degree of operating leverage (DOL) can be calculated as the percentage change in net operating income (NOI) divided by the percentage change in sales.

Assuming that sales are $100,000, variable costs are $40,000, and fixed costs are $10,000, we can find the degree of operating leverage (DOL) as follows:

Total cost = Variable costs + Fixed costs

                = $40,000 + $10,000

                = $50,000

Net operating income (NOI) = Sales - Total cost

                                              = $100,000 - $50,000

                                              = $50,000

If sales increased by 10%, the new sales would be:

$100,000 + 10% of $100,000 = $100,000 + $10,000

                                                = $110,000

If sales decreased by 10%, the new sales would be:

$100,000 - 10% of $100,000 = $100,000 - $10,000

                                                = $90,000

The percentage change in NOI can now be calculated as follows:

For a 10% increase in sales, the new NOI would be:

New NOI = $110,000 - ($40,000 + $10,000)

               = $60,000

Percentage change in NOI = (New NOI - Old NOI) / Old NOI

                                             = ($60,000 - $50,000) / $50,000

                                             = 20%

For a 10% decrease in sales, the new NOI would be:

New NOI = $90,000 - ($40,000 + $10,000)

               = $40,000

Percentage change in NOI = (New NOI - Old NOI) / Old NOI

                                             = ($40,000 - $50,000) / $50,000

                                             = -20%

Now we can calculate the degree of operating leverage (DOL) as follows:

DOL = Percentage change in NOI / Percentage change in Sales

        = 20% / 10%

        = 2

Therefore, the degree of operating leverage is b) 2.00.

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(please type the answers)(business 7112) (please type the answers) (Business 7112)
1.what are Critical Issues in Business Success and Failure
2. what is the concept of competitive advantages to managers ?
3. What is the impact of total quality management on competitive advantage ?

Answers

1. Critical issues- Poor management, Teamwork, Communication skills.

2. Competitive advantages - Ability to create a competitive advantage by outperforming rivals.

3. Total Quality Management (TQM) has a significant impact on competitive advantage.

1. Critical issues in business success and failure:

Critical issues in business success and failure can differ, but some of the most common ones include:

Poor management, Teamwork, Communication skills, Productivity and efficiency.

2. The concept of competitive advantages to managers:

To get an edge over their competitors, businesses must have a competitive advantage. It refers to a company's ability to create a competitive advantage by outperforming rivals. Managers may leverage competitive advantage concepts to help them create and maintain a company's competitive advantage in a variety of ways.

3. The impact of total quality management on competitive advantage:

TQM enables companies to improve their goods and services while lowering costs. Improved product quality, increased customer loyalty, and decreased cost all contribute to a competitive advantage. Companies that adopt TQM strategies often strive for continuous improvement, which further strengthens their competitive advantage.

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which one of the following best explains why firms are using temporary workers more frequently?

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Firms are using temporary workers more frequently for a variety of reasons. One of the reasons is to reduce costs. Temporary workers are generally paid less than permanent employees and do not receive benefits such as health.

insurance and retirement benefits. This makes them a cost-effective option for firms that are looking to cut costs. In addition, temporary workers provide flexibility to firms. They can be hired on a short-term basis and then let go when the work is completed. This allows firms to quickly adjust their workforce based on changes in demand. Temporary workers can also help firms manage risk. They can be used to test new markets or to fill in for permanent employees who are on leave. Finally, temporary workers can provide firms with access to specialized skills that they may not have in-house. For example, a firm may need a software developer to complete a project but may not have the expertise in-house. ional resources.

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james is willing to pay $400 for a new suit, but he is able to buy the suit for $250. his consumer surplus is a)$650. b)$150. c)$250 d)$400.

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B) $150 Consumer surplus is the difference between the maximum price a consumer is willing to pay for a product and the actual price they pay.

In this case, James is willing to pay $400 for the suit but can buy it for $250. Therefore, his consumer surplus is the difference between these two amounts, which is $400 - $250 = $150. Consumer surplus represents the additional benefit or value that consumers receive when they are able to purchase a product at a price lower than what they are willing to pay. It is a measure of the economic welfare or satisfaction that consumers gain from a transaction.In this scenario, James is experiencing a consumer surplus of $150 because he is obtaining the suit for a price that is $150 less than his maximum willingness to pay. This means that he is receiving a benefit of $150 in terms of the value he perceives from the suit beyond the price he pays.

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B14) In your own words, summarize the main idea of 4 selected macroeconomic schools of thoughts, to your knowledge. (20marks)

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These schools of thought offer different perspectives on economic principles, policies, and the role of government in the economy.

1. Classical Economics: Classical economists believe in the self-regulating nature of the economy and emphasize the importance of free markets, limited government intervention, and the role of supply and demand in determining economic outcomes.

2. Keynesian Economics: Keynesian economists focus on the role of aggregate demand in driving economic activity. They advocate for government intervention, such as fiscal policy and monetary policy, to stabilize the economy during recessions and promote full employment.

3. Monetarist Economics: Monetarists emphasize the importance of controlling the money supply to maintain stable economic growth and control inflation. They believe that changes in the money supply have a direct impact on aggregate demand and overall economic performance.

4. Neoclassical Economics: Neoclassical economists combine elements of classical and Keynesian economics. They emphasize the role of individuals and their rational decision-making in determining economic outcomes, while also recognizing the influence of market imperfections and government intervention.

These four macroeconomic schools of thought offer different perspectives on how the economy operates and how policymakers should respond to economic challenges. Each school has its own theories and policy prescriptions, shaping debates and influencing economic policies around the world.

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