Employees at LivingSocial Escapes who are motivated by the belief that taking people on trips is a worthwhile endeavor are motivated by intrinsic rewards, whereas motivation that occurs as a result of receiving compensation for a successful trip illustrates the effects of extrinsic rewards.
What are intrinsic and extrinsic rewards?
Intrinsic rewards can be regarded as the reward that originate from within the person, while extrinsic rewards comes from something beyond the person.
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The limits of trade are those initial _____________ positions that each nation has at self-sufficiency.
The limits of trade are those initial cost ratio positions that each nation has at self-sufficiency.
Limit of trade is the maximum price range limit that an security which is traded in the security exchange is allowed to fluctuate in one trading session.
A benefit–cost ratio is an indicator of the benefits as well as the cost which is used in cost–benefit analysis.
It is that ratio which attempts to summarize the overall value for money of a project or proposal.
Every nation will be considered as self sufficient if the cost ratio is zero and there is a fixed limit of trade.
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Pro Flowers LLC has been in business for five years. When one of its members dies, the other members of the LLC agree to dissolve the LLC. They proceed to wind up the business, collecting and liquidating all the assets of the LLC. Once that is done, the proceeds will be distributed:
The proceeds would first be paid to creditors, then the capital of the members would be repaid and the balance thereafter would be shared based on an agreed percentage.
It should be borne in mind that LLC means limited liability company, which is a company whose members or owners are only liable for the business debt to the extent of their capital contributions, the implication of that is that would use their personal assets to settle business obligations.
When such companies are wounded up, the claims of creditors take precedence over others' claims, which means creditors would be settled first.
From any assets remaining after creditor settlement, their capital contributions would be repaid and finally, any funds left thereafter as surplus would be distributed to the owners equally or based on a pre-agreed formula.
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With _____________ demand the price changes, but the amount purchased remains the same.
With perfectly inelastic demand the price changes, but the amount purchased remains the same. Prices or quantities are fixed and are unaffected by the other variable when demand is perfectly inelastic. When a price change results in an exact proportional change in the quantity required, this is known as unitary demand.
When a buyer's desire for a product does not fluctuate as much as a product's price change, this is known as inelastic demand. Demand is said to be inelastic when the price rises by 20% while the fall in demand is just 1%.This problem frequently arises with common household goods and services.
People will continue to buy roughly the same amount of goods or services after a price increase since their needs remain the same. Similar circumstances apply when prices are reduced; demand won't rise significantly.
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Q-mart failed to include inventory that was kept in a separate warehouse in its end-of-the-period inventory count. Explain how this error will affect this year's balance sheet. (Check all that apply.)
Total assets and Total equity will be this year's understated.
In accounting, an understatement occurs when liabilities are devalued to less than their true cost or when firm assets are valued below their fair market worth. Either option leads to an erroneous assessment of a company's financial situation.On the other hand, understated inventory raises the cost of products sold. Lower inventory volume in the accounting records reduces the closing stock and effectively increases the COGS. A lower amount of inventory is on hand than what is really in stock, according to an understated inventory.What happens if equity is overstated?If the company overstates the value of its assets, it's going to show up on the other side of the equation as an increase in owner's equity. It won't have any effect on liabilities.Learn more about equity
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Sheila owns a timeshare that gives her ownership of the property for a certain number of weeks per year in perpetuity. what type of timeshare is this?
It is timeshare estate. A timeshare is a type of vacation property where several buyers share ownership of certain usage rights to the same property. Numerous various types of properties, including vacation resorts, condos, apartments, and campgrounds, can use the timeshare model.
A buyer can purchase a timeshare for a fixed week, where they have a specific week each year, or a floating week, where they can only use property for a certain season. Ownership might occasionally demand control of a property, time-sharing is popular. Timeshare disadvantages include a lack of changeability, yearly maintenance expenses, and challenges in selling one.
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If labor in mexico is less productive than labor in the united states in all areas of production:____.
a. then neither nation can benefit from trade.b. then mexico can benefit from trade but the US cannot.c. then the united states will have a comparative adv relative to mexico in the production of all goods.d. then both mexico and the us still can benefit from trade.
If labor in Mexico is less productive than labor in the united states in all areas of production then both Mexico and us still can benefit from trade.
Labor is the amount of physical, mental and social effort spent to produce goods and services in the economy. We provide the know-how, human resources, and services necessary to turn raw materials into finished products and services.
A business that requires more people and fewer machines is known as a labor-intensive business. The beauty, home construction, education and fashion industries are examples of labor-intensive industries.
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A bond issued on June 1, Year 1, has interest payment dates of April 1 and October 1. Bond interest expense for the year ended December 31, Year 1, is for a period of
The Bond is issued for a period of seven months.
What are bonds?
A bond is a type of security used in finance where the issuer (debtor) owes the holder (creditor) a debt and is required, depending on the terms, to repay the bond's principal (i.e., the amount borrowed) at the bond's maturity date as well as interest (referred to as the coupon) over a predetermined period of time. Interest is often paid at predetermined times (semiannual, annual, and less frequently at other periods)Solution:
Given,
A bond issue on June 1, year 1
Interest payment dates of April 1 and October 1
We need to calculate:
Bond interest expense for the year ended December 31, 2016
Since we know that interest expense is for a given time period, the bonds were outstanding during the reporting period.
Therefore,
Bonds issued on June-1, year 1
Months Total = June to December = seven months
Since, Interest payment date is October 1, year 1.
This means interest will be paid on this date.
Also, for the year will be included in the interest expense along with the accrued interest for the remaining 4 months (October 1, year 1 to December 31, year 1).
Hence, the Bond interest expense for the year ended December 31, year 1, is for a period of seven months.
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What non-price determinant is causing the curve to shift? choose the specific letter in the correct acronym
The non-price determinant of the number of sellers in the market is causing the curve to shift
Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.
To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.
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A new green technology can be installed in your home for a one-time installation cost of $\$10,\!000$ and annual maintenance costs of $\$650$ per year. If the green technology is supposed to save you $\$1200$ each year in energy bills, how many whole years will it take to recuperate your costs
The number of years it would take to recuperate the costs is 19 years.
How many years will it take to recuperate your costs?
Payback calculates the amount of time it takes to recover the amount invested in a project from it cumulative cash flows.
Payback period : 10,000 + 650x = 1200x
Where x represents the number of years
10,000 = 1200x - 650x
10,000 = 550x
x = 10,000 / 550
x = 19 years
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The number of whole years to recuperate your investment costs in the new green technology is 19 years, using the break-even analysis technique.
What is the break-even analysis technique?The break-even analysis technique offers a way to compute the payback period.
The break-even analysis technique equates the total costs to the total revenue, using the contribution margin approach.
Data and Calculations:Fixed costs = $10,000
Annual variable costs = $650
Annual savings = $1,200
Annual contribution margin = $550 ($1,200 - $650)
Break-even period = 18.18 years ($10,000/$550)
Thus, using the break-even analysis, the number of whole years to recuperate your investment costs in the new green technology is 19 years.
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Which company owned the deepwater horizon oil platform?
The company which owned the Deepwater horizon oil platform was an offshore-oil-drilling company called Transocean.
The Deepwater horizon oil spill is recognized as the largest accidental ocean spill in history. This incident occurred on April 20th, 2010, when, the Deepwater Horizon Oil Rig exploded.
The rig was owned by oil-drilling company called Transocean, and was leased to BP oil company. The oil spill was caused by a surge of natural gas that blasted through the concrete core of the oil well.
Later, an underwater camera revealed that the oil well was leaking oil and natural gas onto the ocean floor which was 42 miles off the coast of Louisiana. By the time this news got out, an estimated 3.19 million barrels of oil had leaked into the Gulf of Mexico.
Hence, the answer was given and explained above.
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All city realty, inc. issued shares of stated value common stock for per share. the journal entry to record this transaction includes a credit to?
When shares are issued like All City Realty Inc did, the journal entry to record it will include a credit to Paid-In Capital in Excess of Stated-Common for $49,000.
How will All City Realty record the transaction?The entire amount that was earned from the share issuance is:
= 7,000 x 11
= $77,000
This entire amount will go to the cash account as a debit to show that the cash account is increasing in value.
The amount to the common stock is:
= Stated value x number of shares
= 4 x 7,000
= $28,000
This amount will be credited to the Common Stock account to show that it is increasing.
The difference is:
= 77,000 - 28,000
= $49,000
This amount will be credited to the Paid-In Capital in Excess of Stated-Common.
In conclusion, option A Paid-In Capital in Excess of Stated-Common for $49,000 is correct.
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After a share exchange, one corporation (the _____ corporation) owns all the shares of the other corporation (the _____ corporation).
After a share exchange, one corporation (the parent corporation) owns all the shares of the other corporation (the subsidiary corporation).
A share exchange is where one or more shareholders exchange shares they hold in one company for shares in another company. So after a share exchange, one corporation suppose, the parent corporation owns all the shares of the other corporation, called the subsidiary corporation.
A parent corporation has subsidiaries, which are wholly or partially owned separate businesses controlled by the parent. On the other hand, a subsidiary corporation is a business that is owned by another corporation, either partially or entirely.
Hence, after a share exchange, one corporation owns all the shares of the other corporation.
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The __________ made unfair or deceptive acts or practices in commerce illegal under Section 5 of the Federal Trade Commission Act. Multiple Choice Noerr-Pennington amendment Robinson-Patman amendment Celler-Kefauver amendment Herfindahl-Hirschman amendment Wheeler-Lea amendment
The Wheeler-Lea amendment made unfair or deceptive acts or practices in commerce illegal under Section 5 of the Federal Trade Commission Act.
What was Federal Trade Commission Act?The Federal Trade Commission was founded by the Federal Trade Commission Act of 1914, federal legislation of the United States. The Act, which was passed by US President Woodrow Wilson in 1914, forbids unfair business practices and unfair techniques of competition.
Unfair or misleading acts or practices in or affecting commerce are prohibited by Section 5 of the Federal Trade Commission Act (FTC Act) (15 USC 45). All individuals engaged in business, including banks, are subject to the restriction.
The Federal Trade Commission Act's Section 5 was modified by the Wheeler-Lea Act of 1938, which made "unfair or misleading acts or practices" and "unfair methods of competition" illegal. Civil penalties were offered for breaking Section 5 orders.
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For a bond issue which sells for less than its face amount, the market rate of interest is?
For a bond issue which sells for less than its face amount, the market rate of interest is higher than the rate stated on the bond.
Bonds can be sold for more and less than their par values because their interest rates change depending upon the market conditions. Like most fixed-income securities, bonds are highly correlated to interest rates. Thus, when interest rates go up, a bond's market price will fall and vice versa.
The actual market value of a bond may not be reliably as indicated by its face value because there are many other influencing forces at play, such as supply and demand in the market.
Hence, when the price of a bond goes above its face value, it is said to be a premium bond, and when the price is below its face value, it is known as a discount bond.
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To allow whistleblowers to come forward with information organizations should ________
i. allow for complete
ii. anonymity
iii. create an open-door policy
iv. protect them from retaliation
To allow whistleblowers to come forward with information organizations should protect them from retaliation. A whistleblower is someone who comes out and divulges their knowledge of any wrongdoing they believe is taking place either throughout the entire organization or in a particular department.
A whistleblower is somebody who reports any illegal activity, whether they be an employee, contractor, or supplier. There are particular rules designed to shield whistleblowers from losing their jobs or receiving unfair treatment. The majority of organizations have a distinct policy that outlines exactly how to report such an incident. Whistleblowers might be either internal or external.
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An example of event risk is: ________.
a.changing seasons.
b.a corporate takeover.
c.inflation.
d.capital growth.
e.a newspaper article about the economy.
One example of the phenomenon known as event risk is b.a corporate takeover.
What is an event risk?An event risk is a type of investment risk that an incident or event will be so notable that it will cause widespread effects on an industry and the economy in general.
One such event is a corporate takeover that leads to a company having stronger market power and influence.
With the world being interconnected these days thanks to globalization tendencies, a corporate takeover would also affects the economies of several nations.
This is because the branches of the companies in order nations might have to make decisions that affect the unemployment rates and productive capacity of their host nation.
For instance, if Coca-Cola and Pepsi decided to merge, this could have far reaching consequences. The risk that this would negatively affect a person's investment is event risk.
In conclusion, this is event risk.
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When Nestor's U.S.-based company purchased a manufacturing facility in China, the company decided to increase the output of the facility by adding an overnight shift. The workers refused to work the overnight hours and eventually the U.S. owner agreed to return to a regular work schedule and output levels dropped. Which aspect of business is being affected by culture
Aspect of business is being affected by culture is production.
What is production?Production can be defined as the process of manufacturing or producing goods from raw material to finished products and it can as well be defined as the amount of goods or products manufactures at a particular period of time.
Hence, since the company want to increase output by introducing night shift and production will be affected if the worker refuse to work overnight hours as the output will reduce.
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You want to be able to withdraw $35,000 each year for 15 years. Your account earns 9% interest. a) How much do you need in your account at the beginning
Your interests are activities that you enjoy doing and subjects that you enjoy spending time learning. Are interest. When something interesting, it draws your attention and makes you want to learn more about it: less interesting was discussed.
Interest is the money paid to spend someone else's money. An interesting example is $ 20 in this year's savings account. An example of interest is the $ 2,000 paid on a mortgage this year.
Interest is paid for a lifetime but disappears upon death (especially from the property).
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Jonas had a reputation for underestimating the abilities of his employees;__________workers were often let go after it had been deemed that they lacked the skills required to fulfill the responsibilities of the job.
Jonas had a reputation for underestimating the abilities of his employees; a. incompetent workers were often let go after it had been deemed that they lacked the skills required to fulfill the responsibilities of the job.
Who is an incompetent worker?An incompetent worker can be identified by the following characteristics:
LazinessLow performanceLateness to workBlaming others.Corrective actions should be taken to address incompetence with mandatory skills training.
However, the employer should be ready to take tougher decisions if the incompetence continues.
Answer Options:a. incompetent
b. able
c. substandard
d. diligent
e. responsible
f. apt
Thus, the workers that Jonas may be dismissing may be incompetent.
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Diligent workers were often fired after they were found to lack the skills necessary to fulfill job responsibilities.
What is the relevance of performance appraisal?It is a formal instrument used to analyze whether the employee is performing his duties as expected by the organization, that is, through certain requirements the HR department is able to analyze the employee's development, motivation and productivity at work.
Therefore, underestimating the skills of employees is not the ideal behavior for creating a positive culture, the ideal is for the company to provide feedback, training and enable the development of employees.
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The time it takes to spend cash to provide goods and services to a customer until collection of cash from that customer is referred to as the company's:_____.
The time it takes to spend cash to provide goods and services to a customer until the collection of cash from that customer is referred to as the company's Operating Cycle.
The operating cycle is the average time it takes a business to make its first cash outlay to produce goods, sell goods, and receive cash from customers in exchange for goods.
For example, if your company has a short operating cycle, that means you receive constant payments. The faster a company can generate money, the faster it can pay off outstanding debts or expand its business accordingly. The flow of the cache operating cycle is as follows. Obtain raw materials.
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The elements of consideration, in a bilateral contract for a sale of goods, are the sale and the goods.
a. false
b. true
The elements of consideration, in a bilateral contract for a sale of goods, are the sale and the goods.
This statement is false.
A bilateral contract is the agreement between two parties in which each side pf the parties or contract agrees to fulfill their side of the bargain. Generally, bilateral contracts involves an equal and same obligation as well as consideration from the offeror and the offeree, although this case need not to be always necessary.
In the more complex situations, such as multinational trade negotiations, a bilateral contract can be called "side deal." IT means that both parties means the offeror and offeree are involved in the general negotiations but may also see the need for a separate contract relevant only to their shared interests.
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In terms of memory, what is a chunk?
a. A cluster of neurons
b. A cluster of information
c. A way of processing nonsensical information
d. A rehearsal strategy
In terms of memory, the chunk is a b. A cluster of information.
Chunking refers to the method of taking person pieces of statistics and grouping them into large devices. by grouping every statistics factor into a bigger entire, you can improve the number of facts you may recollect. probable the maximum not unusual instance of chunking takes place in cellphone numbers.
chunking: organizing information into doable bits or chunks. elaborative practice session: thinking about the means of the brand new statistics and its relation to information already stored in your reminiscence.
a bit is a group of factors that are strongly associated with each different, however, are weakly associated with factors in other chunks. Chunking. Combining small gadgets into large ones, such as whilst individual phrases are mixed right into a meaningful sentence. Chunking may be used to increase the capability of memory.
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The phase of the business cycle when the economy is near or at full employment and the level of real output is at or near capacity is called a:
The phase of the business cycle when the economy is near or at full employment and the level of real output is at or near capacity is called a peak.
What is the business cycle and why is it important?
Understanding business cycles is crucial for success while running a business. A business cycle is the measured expansion and contraction of economic growth over a given period. It is also referred to as a trade or economic cycle. Business owners can make wise judgments if they have a thorough understanding of business cycles.
What causes a peak in the business cycle?
When the economy reaches its greatest level of output, it enters the peak phase, which also marks the end of the expansion. After this, a contractionary phase sets in once housing starts and employment levels start to drop.
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Answer:
peak
Explanation:
The merger of media enterprises into powerful, synergistic combinations that can cross-market content on many different platforms is referred to as?
The merger of media enterprises into powerful, synergistic combinations that can cross-market content on many different platforms is referred to as industry convergence.
Industry convergence is based on the digital business principles. It represents the most fundamental opportunity of the growth for the organizations. Industry boundaries are redefined by the industry convergence as it shifts the focus from the single product to cross industry value experiences.
Industry convergence is such a powerful code which has been cracked by the world's most powerful companies.
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What three manageable factors must be developed and executed successfully in order to do npd successfully?
Planning, execution, and creativity are three manageable factors that must be developed and executed successfully in order to do npd successfully.
In other words, desirability, feasibility, practicality, and ethics must be met. As the image below shows, they are indeed the cornerstones of product success. Let's take a closer look at the four success factors. Desirability is probably the most important factor.
Demand within the target segment is underestimated.
Create associations and connections between existing and new ideas.
The Big C manageable factor is the kind of creativity reflected in world-changing achievements such as artistic masterpieces and scientific breakthroughs. The works of Picasso, Einstein's Breakthrough, and the story of Terry Pratchett can all be considered examples of this Big C.
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Strategic planning starts with a _____ that reflects a firm’s vision, purpose, and values.
Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.
Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.
Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.
CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.
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If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that:________
If a firm hires an additional worker and discovers that its total output has fallen, then it must be true that marginal physical product is negative.
What is the change in total output that results from hiring one additional worker?
The difference in production brought on by using an additional unit of labor is known as the marginal product of labor.
Does hiring additional workers increase the total revenue at a decreasing rate?
Total output increases with additional employees, although at a slower rate. a stage of production where an increase in the labor force leads to a decline in labor's marginal product. With each new unit of labor added to the mix, a company with this will produce progressively less production.
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A local chamber of commerce plans a seminar on ""the social responsibility of business in our community. "" what does the term reference?.
Write the definition in your own words
Cash Basis of Accounting:
Accrual Basis of Accounting:
Matching Principle:
Time-Period Principle:
Accounting Period:
The definition in my own words are:
Cash Basis of Accounting: is type of accounting that that makes use of revenues and expenses at the time cash is received.Accrual Basis of Accounting: The accrual basis of accounting focus on recording revenues .Matching Principle: can be regarded as accounting concept that focus on companies report expenses .Time-Period Principle: is one that a business should report the states that financial results of its activities .Accounting Period: serves as the period of time that is used for accounting functions, this can be a fiscal year.What is accounting?Accounting serves as the process which involves the recording as well as summarizing business and financial transactions.
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Normally, an employer is liable for a supervisor’s sexual harassment only if the supervisor took a tangible employment action against an employee. a. True b. False