Employment tests are tools used by some organizations to measure a potential candidate's ability or personality.
What is a employment test?Corresponds to tests generally applied as a form of simulations for evaluating the candidate during the recruitment and selection process. The purpose of these tests is to identify the potentialities and characteristics of the candidate's personality, through simulation of work situations and tasks.
Employment tests can be instituted in oral, written and group dynamics, and must be aligned with organizational systems and culture to be positive.
Therefore, a employment test is a positive way for the company to know the candidate's cognitive and psychosocial characteristics that sometimes it is not possible to identify during an interview process, for example.
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Assume that Universal gets a large gain of $1 million if its price cut is unmatched and a small loss of $20,000 if its price cut is matched. Refer to the following formula for the expected payoff
The expected payoff for Universal equals to -300.
What is a Probability?This is a mathematical concept in which the likeliness of an event to occur is calculated using formula. It is calculated by dividing the favourable number of the event with the total number of event
Data given
The price reduction = 98% = 0.98
where;
P(rival not matching ) = (100 - 98)% = 2%
P(rival not matching ) = 0.02
The expected payoff = [(0.98 * -800) + (0.02*50000)]
The expected payoff = [( -784+ 1000)]
The expected payoff = 216
(b) Probability of rivals reducing price = 5%
= 5/100
= 0.05
∴ Probability of rivals reducing price = 1 - 0.05 = 0.95
The expected payoff = (0.05 * -6000) + (0.95 *0)
The expected payoff = -300 + 0
The expected payoff = -300
(c) Yes, based on answers (a) and (b), the firm should cut the price.
Missing words "Rival Response
Your Company Action Reduce price Don't Reduce price
Reduce Price Loss=$800 Gain= $50,000
Don't Reduce Price Loss=$6000 No loss or gain Required:
a. If the probability of rivals matching a price reduction is 98 percent, what is the expected payoff of a price cut? b. If the probability of rivals reducing price even though you don't is 5 percent, what is the expected payoff Of not reducing price? c. Based on your answers to (a) and (b), should the firm Cut its price"
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what are the limitations of the cardinalist approach to the understanding of the consumer behaviour
The difficulty of giving a concept of usefulness a numerical value is the restriction of cardinal utility analysis.
What is cardinal utility?Utility can be compared on a scale, although it is difficult to quantify. In other words, one cannot simply calculate the economic value of an item or service by calculating the usefulness of the good or service.
Realistically speaking, it cannot be measured because it is challenging to put a dollar amount on one's level of contentment. Utility at the margin is not additive. It creates irrational assumptions that frequently hold true in reality.
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which group would be the most difficult to identify and survey to obtain information?
People who participate in an online forum for survey would be the most difficult to identify the group.
What is Survey?A survey is a pull that is asked to the public, a question that is made buy a company what are research organization is asked by many individuals and their answers are recorded, then the most similar answers the majority is considered to be the result of the survey however if there are multiple answers with a good frequency then a complete answer is published with each answer and it's percentage of the people's choice.
In a survey that was conducted online it is difficult to identify their group as online people can change their identities, names, age, ethnicity and more. Therefore it is difficult to identify the group of people from which survey was conducted.
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Which of the following exemplifies a performance goal?
Employees are required to achieve short-term performance goals. Employees can better comprehend what is expected of them or their positions when goals are defined for them.
What is Performance Goal ?Additionally, it aids in the proper evaluation and direction of workers by employers.
A performance goal is a brief target connected to particular corporate objectives or work duties. Obtaining a new client or reaching a quarterly sales quota are two examples.
Establish a procedure for monitoring progress on important projects, including milestones and decision deadlines, in order to promote concentration on finishing a work. Share by February 10 with the management.
Report on weekly updates. To encourage leadership: "I believe you have a lot of promise as a leader."
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while many south asian migrants move to cities seeking education, training, or business opportunities, they likely will not experience:
While many south asian migrants move to cities seeking education, training, or business opportunities, they likely will not experience B) a lack of any cell phone service, as areas are too crowded for reliable service.
What was the reason why the south asian migrants move to cities ?The reason why the south asian migrants move to cities are so many depending on individuals, for instance some of them moved to the cities because they wer seeking a good education foir themseleves as well as for their children, some of them on the other hand moved to the cities so that they can get some business opportunities so that their financila lives can be imp[roved.
In conclusion, the migration of the south asian to the cities help them not to experience lack of any cell phone servicebecause in the city the network coverage is mich more better with a stable service.
Therefore, option B is correct.
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Missing options:
A) a lack of adequate housing, forcing them to live in large, rambling shantytowns.
B) a lack of any cell phone service, as areas are too crowded for reliable service.
C) children working in risky settings, instead of attending schools.
D) women being forced or recruited into sex work to make ends meet.
what does a b2c website use to track the items you select on the website?
Websites use technologies like cookies, pixels, and fingerprints to track visitors' browsing habits in order to deliver personalized content.
What is a B2C website?Business-to-consumer, or B2C, is a retail strategy in which products are delivered directly from a company to the customer who has purchased the product or service for personal use. The B2B (business-to-business) model, that involves trading services and goods between businesses rather than between businesses and customers, is sometimes used to contrast it.
The phrase "business-to-consumer" (B2C) refers to any commercial deal in which the consumer receives products or services directly, such as in dining establishments, retail businesses, and medical practices. It most frequently refers to companies engaged in e-commerce, which connects their goods with customers through online platforms.
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according to roger's diffusion of innovation theory, which term described individuals who thrive on change
According to roger's diffusion of innovation theory, which term described individuals who thrive on change is b. innovators.
What is the diffusion of innovation theory?Diffusion of Innovation (DOI) Theory serves as the thory that can be attributed to E.M. Rogers and it is been used in the communication to explain how idea or product gains momentum as well as diffuses with respect to specific population or social system.
It shouyld be noted that individuals who thrive on change are been regarded based on this theory as innovators.
Therefore, option B is correct.
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Missing options:
a. rejectors
b. innovators
c. laggards
d. early adopters
Assume a project has normal cash flows. All else equal, which of the following statements is CORRECT?
a) A project's NPV increases as the WACC declines.
b) A project's IRR increases as the WACC declines.
c) A project's discounted payback increases as the WACC declines.
d) A project's regular payback increases as the WACC declines.
e) A project's MIRR is unaffected by changes in the WACC.
The statements that are correct, all else equal and with a project with normal cash flows, is a) A project's NPV increases as the WACC declines.
How is NPV calculated?The Net Present Value or NPV, is the difference between the present value of the cash inflows from a project, and the cash outflows that went into that project being done and implemented.
This present value of cash inflows is found by using the WACC or Weighted Average Cost of Capital. When the WACC is large, the cash inflow is discounted more. So if the WACC declines, then the NPV will increase from the cash inflows being discounted less.
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A business owner was trying to obtain a bank loan to fund the purchase of a new business facility, but the bank required proof of additional assets to secure the loan. The business owner then decided to use her $250,000 life insurance policy to secure the loan. Which provision makes this possible?
The provision makes this possible Collateral Assignment.
When you apply for a loan, you can provide collateral by collateral assignment of life insurance. In this instance, the collateral is the face value of your life insurance policy, which could be used to settle your obligation should you pass away while still owing money. Lenders may ask you to purchase a life insurance policy to be used as collateral for the loan since life insurance collateral assignment is a common requirement for business loans.
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a plant asset is (depreciated/discarded/obsolete) when it is no longer useful to the company, and it has no market value.
A plant asset is discarded when it is no longer useful to the company and it has no market value.
A plant asset, also known as a fixed asset, is an asset whose benefits are stretched out over a period of time more than a year. It aids enterprises in generating income and carrying out the primary operations for which it was formed. Plant assets are sold for a variety of reasons. Some are thrown away because they degrade or become outdated. Others are sold as a result of shifting corporate strategies. Fully depreciating an asset means that the total amount of depreciation has reached the asset's original cost (zero book value).
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Can we trust people to correctly interpret the information flowing on social media and in media in general? Why or why not?
A medium of communication is a social media platform for computer-mediated human communication that encourages the creation and dissemination of knowledge.
What is social media and media in general?Ideas, views, interests, and other kinds of expression across networks, people who wish to establish relationships gather in social networks.
Instead of paying for commercial media like television and radio, social media allows businesses to convey commercial messaging.
Therefore, social networks, which is advantageous for small companies that frequently have to pay for advertising.
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the united states experienced a mild recession in 2008 caused largely by the bust of the dot-com bubble T/F
The United States experienced a mild recession in 2008 caused largely by the bust of the dot-com bubble. The above statement is false.
What was the Mild Recession in the 2008 US?Cheap credit and loose lending rules, which created a housing market bubble, were the underlying causes of the Mild Recession of 2008. The banks were left with trillions of dollars worth of worthless investments in subprime mortgages after the bubble crashed. Following the Great Recession, many people lost their homes, savings, and jobs.
At first, the decline in general economic activity was rather slight, but as financial market stress peaked in the Mild Recession of 2008, it became much more pronounced. The US GDP declined by 4.3 percent from the peak to the bottom, marking this the worst downturn following World War II.
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which of the following is the mission of the federal reserve bank? i. preserve price stability ii. foster economic growth and employment iii. promote a stable financial system
The mission of the Federal Reserve Bank are:
i. preserve price stability ii. foster economic growth and employment iii. promote a stable financial systemWhat is the mission of the Federal Reserve?The Federal Reserve is the central banking system of the United States and as such, they aim to help the economy is several ways. One is to preserve price stability by managing inflation.
Another is to foster the economic growth of the United States and to keep employment rates high. The Federal Reserve also promotes a stable financial system for businesses and individuals to engage in financial transactions.
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If a good is imported into (small) country H from country F, then the imposition of a tariff incountry H
A) raises the price of the good in both countries.
B) raises the price in country H and does not affect its price in country F.
C) raises the price of the good in H and lowers it in F.
D) lowers the price of the good in H and could raise it in F.
The imposition of a tariff in Country H, on goods imported from Country F, B) raises the price in country H and does not affect its price in country F.
How do tariffs work?Tariffs are imposed on imports by a country that is often trying to discourage its citizens from buying that import. As a result of the imposition of the tariff, the good becomes more expensive meaning the price is raised with the increase being the tariff imposed.
If Country H was to impose a tariff on Country F therefore, the price would only increase in Country H and not Country F, especially because Country H is a small country.
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the prisoner’s dilemma is one of the most know examples of a strategic approach to negotiation. what is central to this type of approach?
The thing that is central to the prisoner's dilemma approach is that it emphasizes the role of goals in determining outcomes
What is prisoner's dilemma?The prisoner's dilemma describes a situation in which two parties, separated and unable to communicate, must each decide whether or not to cooperate with the other. When both parties choose to cooperate, they receive the greatest reward.
The Prisoner's Dilemma is an example of a game that has been studied in game theory. It is also a thought experiment in which two completely rational agents face a choice between cooperating with their partner for mutual reward and betraying their partner for individual reward.
The prisoner's dilemma is a useful tool for strategic decision-making because it provides a framework for understanding how to strike a balance between cooperation and competition. The prisoner's dilemma is a decision-making paradox in which two individuals acting in their own self-interest do not produce the best outcome. Today, the prisoner's dilemma is a paradigmatic example of how individual strategic thinking can result in suboptimal outcomes for both players.
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How should emit pay for the television? Be sure to use PACED decision making model and show your work.
From the illustration, Emit should pay for the television with the use of a store credit card. The reason for the use of the credit card for the payment of the television over 6 months period is that Emit should be paying $59.29 in interest and total pay of $598.29 within the 6 months.
How should emit pay for television?These figures in use are calculated as follows:
cost of television: $539.00
Rate 22% pa= $539 × (0.22 ÷ 12)
= $539 × (0.22 ÷ 12)
= $9.88/month
= $9.88 × 6
= $59.29
Total for 6 months
6 months= $539 + $59.29
= $598.29
On the other hand, should Emit use his credit card and pay the television off in 12 months (1 yr), he would pay an additional $118.58 in interest, therefore making a total of $657.58
This can be calculated as follows:
= $539 × 0.22
= $118.58
Total interest in 1 year
= $539 + $118.5
= $657.58
Conclusively, Emit should use the store card to pay the cost as there is no personal gain.
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when using a money market hedge, the hedger will convert the currency borrowed into their own currency. True or False
The statement that a money market hedger will convert the currency borrowed into their own currency is True.
How does money market hedging work?Hedging in the money market means investing in such a way as to minimize the risk that is associated with investments in money market instruments and products.
Usually, this hedging involves borrowing funds in another currency to hedge against a drop or rise in the local currency. The money market hedger will then convert the currency they borrowed into their own currency to properly engage in the hedging.
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A process cost summary summarizes the following process costing steps: Multiple select question.
equivalent units of production
physical flow of units
total costs charged to the department cost
flow of units
assignment of unit costs to ending units
A process cost summary summarizes the following process costing steps is equivalent units of production physical flow of units.
What is the process cost summary?Process cost can be decribed as one that encompass the physical flow of units as well as the equivalent units of Production .
It shoud be noted that this encompass the resources used, cost per equivalent Unit that are all required in the process of manufacturing te good as well as the services, which implies that the summary can give use the frist option.
Therefore, the first option is correct.
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What is four factors that may affect the demand for a pair of sneakers?
Answer:
The present retail shoe costs — which commonly range from $70 to $250 — mirror a general ascent in assembling and showcasing costs as tennis shoe organizations contend to fabricate and keep up with brands attractive to their objective business sectors.
VIPs and web-based entertainment likewise assume a significant part in the costs at which tennis shoes sell. Lately, increasing expenses of work in China have affected overall revenues, and accordingly, organizations have moved their assembling tasks to Vietnam, Indonesia, or Thailand. Furthermore, large shoemakers are constantly moving some assembling assignments from human specialists to robots to lessen work costs.
The competition for sales among leading sneaker companies also drives sneaker prices
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PLEASE HELP ME! TIME SENSITIVE!!!
What is one reason that organizations use style guides?
A.
to help writers write more original content
B.
to shorten the time reviewers spend on documents
C.
to encourage creativity in the writing process
D.
to increase sales of product documentation
Question:
What is one reason that organizations use style guides?
Answer:
C. to encourage creativity in the writing process
Explanation:
The purpose of organizations using style guides will be to make sure that multiple contributors create clearly and cohesively that reflect the corporate style and ensures brand consistency with everything from design to writing. From "multiple contributors create clearly and cohesively" I believe that it will include creativity.
some organizations use , such as a word processing assessment for an office assistant job or an integrity assessment for a cashier job, to measure ability or personality.
Some organizations use employment tests, such as a word processing assessment for an office assistant job or an integrity assessment for a cashier job, to measure ability or personality
What is an employment test?Employment testing is the practice of administering written, oral, or other tests to determine a job applicant's suitability or desirability. IQ tests, the most common type, assess general mental ability. Other tests assess verbal ability, math skills, spatial perception, inductive and deductive reasoning, and so on. Strength, endurance, and muscular movement are all measured in physical ability tests.
A performance test is a method of evaluating an individual's physical ability to complete a task. An individual may be asked to perform specific functions or movements, such as lifting a box or turning a knob, in some cases.
It should be noted that such test are important in order to determine if the candidate will fit the position.
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which situation gives the best example of a price‑taker as it pertains to perfect competition?
The situation that gives the best example of a price‑taker as it pertains to perfect competition is when Mary Beth grows cotton. She finds that she can always sell her entire crop at the market price, but if she asks a price that is even slightly higher, she cannot sell any of her cotton. The Option D is correct.
What is a perfect competition?Basically, a perfect competition means a theoretical market structure. Its rarely occurs in real-world markets but it provides a useful model for explaining how supply and demand affect prices and behavior in a market economy. Under a perfect competition, there are many buyers and sellers, and prices reflect supply and demand. The companies earn just enough profit to stay in business and If they were to earn excess profits, other companies would enter the market and drive profits down.
In this situation, a perfectly competitive firm is known as a price taker due to the fact that the pressure of competing firms forces them to accept the prevailing equilibrium price in the market.
Missing options "Carol sells used furniture. Sometime customers want to haggle with her over her prices, but she typically responds, 'That's the price, hon. Take it or leave it." The city government has set a maximum price Alice can charge for her garage apartment, so she must take that price or not rent it out at all. Bob is having trouble selling his old car, so when Cindy offers him $1000, he takes it, even though it is less that he was hoping to get. Mary Beth grows cotton"
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In bank reconciliation .... what was the treatment of sales tax in the cashbook ?
does it would be added or subtracted?
At the time of the purchase of the goods, the customer is charged sales tax. Due to the inclusion of sale tax in the trial balance sales, sales tax is subtracted from sales on the credit side of the trading account.
Some goods and services have a sales tax included in the price. It is assessed as a portion of the selling price and paid at the time of the transaction.
The state, city, and nation in which your firm has a physical presence determines the sales tax rate. Businesses frequently maintain separate sales tax liability accounts for each state since the laws governing sales taxes vary from state to state.
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why are many firms shifting some of their promotional dollars away from advertising? (choose every correct answer.)
Companies are shifting some of their promotional dollars to advertising because of the proliferation of media, which has led to increased efforts in direct marketing and communications.
How effective is advertising?Advertising must be aligned with a company's values and promote its products and services, using messages that are directed at the potential consumer, in order to attract, generate loyalty and create stronger relationships.
The development of new information technologies has strengthened the relationship between consumer and company, where social media are able to engage consumers with a brand, create value and attention, quickly, dynamically and cheaply.
Therefore, digital marketing has an exponential growth in society, with companies developing segmented advertising in this medium to create value for the consumer, increasing their market positioning and profitability.
This is an incomplete question whose options cannot be found online. The answer was provided based on the central theme of the utterance.
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what factors will a bank manager consider before lending money to someone
Answer:
At the point when you apply for credit, banks evaluate your credit risk in view of various elements, including your credit/instalment history, pay, and by and large monetary circumstance. Here is extra data to assist with making sense of these elements, otherwise called the "5 Cs", to assist you with a better comprehension of what loan specialists search for:
Record of loan repayment
Limit
Guarantee (while applying for got credits)
Capital
Conditions
The bank chief will see a wide range of resources for bringing down the gamble the bank will assume while conceding the credit. This security can comprise a few things, including the hardware you intend to buy or have close by, existing stock, or even private resources like a home.
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Randi is the CEO of a company that has products that are radically changing the rules of the game for auto insurance. This is an example of
OA. disruptive innovation
B. sustaining innovation
C. organizational development
OD. skunk works
OE. idea championing
This is an example of (A) Disruptive innovation.
barb is using a test model of her firm's new inline skates to see if they work according to the design specifications. barb is involved in
Barb is using a test model of her firm's new inline skates to see if they work according to the design specifications. Barb is involved in alpha testing.
What is alpha testing?To make sure a product satisfies the needs of the company and operates properly, it must initially undergo end-to-end testing known as "alpha testing." It is often carried out in a lab or stage setting by internal staff members. An alpha test verifies that the product actually functions and accomplishes all of its objectives.
While many individual features and components may have undergone "smoke testing" and "unit testing" during the development process, an alpha test is a first chance to assess the performance and full functioning of a specific product release.
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1.) Why do organizations need leader-managers? Which of the following.
a. The accelerating pace of change requires the two complementary ways of thinking.
b. Combining both attributes in one person is cheaper and more efficient.
c. Directives from above need to be implemented in order to reach the organization's strategic objectives.
d. Staff need to be constantly thinking about the future.
2.) Which activity is most likely to be carried out by a manager?
a. Communicating the direction of the organization.
b. Reinforcing performance.
c. Inspiring others.
d. Developing key relationships.
3. Which statement best describes leadership?
a. Leadership is about conducting performance reviews.
b. Leadership is having a vision and making it happen.
c. Leadership is maintaining the status quo.
d. Leadership is being in a position of authority.
4. Which statement best describes management?
a. Management is telling people what to do.
b. Management involves looking to the future.
c. Management is about dealing with uncertainty.
d. Management is organizing complex resources to get the job done.
5.What term is best associated with management?
a. Practical.
b. Creative.
c. Visionary.
d. Uncertainty.
6. How would a leader use PESTLE?
a. As a tool to motivate staff.
b. To identify how the marketplace is going to change.
c. As a performance management tool.
d. To review past performance.
7. Which statement best describes coaching?
a. Coaches enable coaches to move from where they are now to where they want to be by asking the right questions and letting coaches develop the knowledge for themselves.
b. Coaches enable coaches to move from where they are now to where they want to be by the coaches' sharing of their own knowledge, skills, and experience.
c. Coaches enable coaches to move from where they are now to where they want to be by providing direction and advice.
d. Coaches enable coaches to move from where they are now to where they want to be by providing answers to questions, then letting coaches see the results for themselves.
8. According to Ken Blanchard's situational leadership model, which two factors help determine which management style to use?
a. If they are not competent, you give them practical direction; if they are not confident, you give them emotional support.
b. If they are not competent, you give them emotional support; if they are not confident, you give them practical direction.
c. If they are not competent, you keep them behind until they get it right; if they are not confident, you give them practical direction.
d. If they are not competent, you give them emotional support; if they are not confident, you keep them behind until they get it right.
9. In Tuckman's 1965 model of team formation, which stage of organizational development is characterized by everyone knowing what they're doing and how to do it?
a. Form.
b. Storm.
c. Norm.
d. Perform.
10. In Tuckman's 1965 model of team formation, what is the leader-manager emphasis during the forming stage?
a. Leading.
b. Leading and managing.
c. Managing and leading.
d. Managing.
11. Which description best characterizes the "guru"?
a. Future focused with an emphasis on creating change.
b. Detail focused with an emphasis on the short term.
c. An advocate for following the established procedure.
d. Risk averse and cautious.
12. Which description best characterizes the "bureaucrat"?
a. Inspires and encourages creativity.
b. Advanced interpersonal and communication skills.
c. Accurate and detail oriented.
d. Demonstrates an appetite for risk.
13. Which approach is not recommended when filling a gap in the leader-manager attributes of your team?
a. Outsource that function to someone outside of the team.
b. Recruit someone with the missing skill.
c. Allocate the responsibility to a specific individual on the team and provide the necessary support to perform the job.
d. Recruit someone with the same skills and competencies as an existing team member.
The answers to the respective questions about the organizational environment and management can be the following:
abbdcbaadbacaWhat are the characteristics of an effective manager?It is necessary that this professional has a set of skills that help him to direct and inspire his team, increasing motivation and productivity. Some of these skills relate to communication, empathy, vision and cooperation.
There are several styles of leadership and each with a specific focus, such as the participative leadership style that helps your team in its needs, participating directly in the fulfillment of the team's objectives, helping to motivate the group.
Therefore, the management style must be aligned with the organizational structure, having as its central objectives the motivation and direction of employees, so that the company can achieve an increase in productivity, create a culture focused on integration and be innovative in the market.
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which of the following is true for both stocks and bonds?
They are interest-bearing assets.
They are easily converted to cash.
They are risk-free assets.
They are equity.
The true statement for both stocks and bonds is that they are easily converted to cash. The Option B is correct.
What is a stocks?Alos known as stock, a share of the stock means fractional ownership of the corporation in proportion to the total number of share
What is a bonds?
As a financial instrument, a bonds is issued by governments and corporations when they want to raise money. By buying it, a party is giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date and to pay you periodic interest payments along the way, usually twice a year.
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Which pricing approach for a restaurant would have the greatest risk of adverse selection due to buyers having private information?
A. Offering small- and large-plate versions of each entrée with different prices.
B. Pricing each menu item based on its cost of production.
C. Charging a price per ounce and weighing each plate.
D. Offering a set price all-you-can-eat buffet.
3. The pricing approach that would have the greatest risk of adverse selection due to buyers having private information is Charging a price per ounce and weighing each plate.
What is a pricing approach?There are three general approaches to pricing; Cost-Based Approach to Pricing (cost-plus pricing, break analysis, and target profit pricing). Customer-Based Pricing Strategy (perceived-value pricing). Competitive Pricing Strategy (going-rate and sealed bid pricing).
To remain competitive in marketplaces under rising volume and price pressure, the proper pricing strategy is crucial. It gives you the compensation you are due for the goods and services you provide and ensures the earnings you need to make investments in change and expansion.
Perhaps the most significant pricing tactic of all is value pricing. This considers how valuable, important, and beneficial your customers consider your goods or services to be. Cost-focused—the most typical strategy. Demand-driven—takes consumer demand into consideration when setting prices.
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