Stephen is a professor at a university. He tells his students that rich countries continue to stay rich because they control the economies of poor countries. He also states that they exploit the poor countries because workers in poor countries depend on external markets for jobs. He argues that rich countries set prices for agricultural products exported by poor countries regardless of market values. Which theory is he describing to his students

Answers

Answer 1

Answer: ​World-system theory

Explanation:

​World-system theory are various approach to how past events in the world played out alongside social changes and it's impact on the people.

They are many claims the rich make their wealth off the poor, many of those claims could be true, as we are surrounded with a few rich and many struggling person's in the society. These theories and many more which tell how past events play out is known to be ​World-system theory.


Related Questions

_______ unacceptable behavior may provide quick results but may lead to undesirable long-term side effects, such as employee dissatisfaction and increased turnover.

Answers

Answer:

Punishing

Explanation:

Punishing is the non-acceptable behavior that might give the fast results but at the same time it would result in the non-desriable side effects for the long term like dissatisfaction of the employee, turnover increment

So as per the given situation, it is the situation of the punishment

hence, the same should be relevant

At Tuxedo Park Tire and Rubber, a number of striking workers are picketing at the plant entrance. Because the picketers have started threatening people entering the plant and are vandalizing some company property, Tuxedo Park management believes it has just cause to ask the courts for a(n) ________ placing limits on the number of pickets and their actions while picketing. Multiple Choice preemptive judgment writ of contention arbitration judgment injunction

Answers

Answer:

Injunction

Explanation:

An Injunction is a court order requiring a person or a group of persons to desist from carrying out certain activities. If the person or group of persons desist from obeying the  injunction, the individual(s) are in contempt of the court

Types of injunctions

Permanent InjunctionsTemporary restraining orders Preliminary injunctions.

The striking workers are affecting the activities of the company they work for. The next step the company is supposed to take is to take legal actions to stop the striking workers. this can be achieved with an injunction

With the advent of cloud storage and other online storage tools, Micah's company is now able to save all the data it collects from internal sources, external sources, and marketing research studies. The company wasn't able to store all of this with its former database management system. What phenomenon is Micah's company experiencing

Answers

Answer:

big data

Explanation:

From the question we are informed about an instance whereby With the advent of cloud storage and other online storage tools, Micah's company is now able to save all the data it collects from internal sources, external sources, and marketing research studies. The company wasn't able to store all of this with its former database management system. In this case, the phenomenon Micah's company is experiencing is big data.

Big data can be regarded as phenomenon involving exponential growth of business data which is attributed to the 21st-century as well as the challenges that is been associated with with it, these could be storage, management as well as holistic collection and analysis of series of data for the owner of the business.

Stealth Bank is holding $4 million in reserves, $9 million in government bonds and $9.6 million in low risk mortgage loans. Out of the $20 million in customers' deposits, Stealth holds $13.1 million in the form of certificates of deposit. Describe the formula for determining Stealth Bank's net worth and, using the figures above, determine the Bank's net worth. Identify the criteria for classifying a bank as healthy or unhealthy and determine which applies to Stealth Bank in these circumstances.

Answers

Answer:

a. Net worth $2.6million

b. Positive Net worth

c. Positive Net worth

Explanation:

a. Calculation to determine the NET WORTH.

Using this formula

Net worth = Total assets -Total liabilities

Let plug in the formula

Net worth=($4 million+ $9million+ $9.6million) - $20million

Net worth= $22.6 million net worth-$20million

Net worth= $2.6 million

Therefore the Bank's net worth will be $2.6 million

b. Based on the information given the CRITERIA for CLASSIFYING a bank as HEALTHY or UNHEALTHY means that THE BANK NET WORTH WILL BE POSITIVE and in a situation where a bank has NEGATIVE NET WORTH in which the depositors tried to WITHDRAW the money deposited which means that the bank will not be capable of giving all depositors their money.

c. What applies applies to Stealth Bank in these circumstances is that they will have a POSITIVE NETWORTH which indicates that they are a HEALTHY BANK.

In order to encourage more interdepartmental communication and cooperation, Angelica is thinking about setting up groups of workers from different departments to work together on a long-term basis. She is even thinking about asking people from some of Mucho Dinero's suppliers, customers, and distributors to join these groups. The type of group that Angelica is considering is known as a(n)

Answers

Answer:

Cross functional team

Explanation:

When a team or group is composed of individuals with different functional expertise, technical skills or prowess, then we could call the group a cross functional group or team. The word cross function means that the group with the help of team work is capable of performing or functioning across a number of differ roles and taking up diverse responsibilities. A cross functional team may be composed of a finance expert, a human resource specialist, an engineer and so on. The team my be assembled depending on the task at hand and what the organization aims to achieve.

Income Summary has a credit balance of $12,000 after closing revenues and expenses. The entry to close Income Summary is credit Income Summary $12,000, debit the Dividends account $12,000. credit Income Summary $12,000, debit the Retained Earnings account $12,000. debit Income Summary $12,000, credit the Retained Earnings account $12,000. debit Income Summary $12,000, credit the Dividends account $12,000.

Answers

Answer:

debit Income Summary $12,000; credit Retained Earnings $12,000.

Explanation:

Based on the information given The entry to close Income Summary is:

Debit Income Summary $12,000

Credit Retained Earnings $12,000

(To close Income Summary)

Reliable Industries is a maker of component parts in heating and cooling ventilation systems. The company is looking for a site on which to build a new production facility. Major considerations the company must take into account are that any area selected has adequate rail access and is at the hub of major highways to quickly move products. Reliable is in the process of

Answers

Answer: facility location

Explanation:

Based on the information given, it can be infered that Reliable Industries is in the process of facility location.

Facility Location simply refers to the selection of the rightt location for the manufacturing facility. The location selected should be easily accessible for the customers and transportation.

Selecting a suitable facility location is essential for an effective operation.

The percentage of times a customer service representative is able to resolve a customer issue in just one phone call is an example of a ______ used for performance appraisal.

Answers

Answer:

quantitative metric

Explanation:

Quantitative metrics can be regarded as click-through rates, as well as time on sites, or some other measure that is used in online marketing which can be well represented numerically. quantitative data is been chosen by Many marketers since it be solve on spreadsheet and creation of statistics and comparison points is possible.

It should be noted that percentage of times a customer service representative is able to resolve a customer issue in just one phone call is an example of a quantitative metric

used for performance appraisal.

If the two countries have the same amount of resources and the same technological knowledge, which country has an absolute advantage in the production of popsicles

Answers

Answer:neither does

Explanation:

_____ is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Answers

Answer:

Enterprise resource planning is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

Enterprise Resource Planning (ERP) is an integrated system that collects and processes data and manages and coordinates resources, information, and functions throughout an organization.

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If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on the:

Answers

Answer:

If a security becomes worthless in the current taxable year, it is treated as sold or exchanged on: The last day of the current taxable year.

A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. The term used to define the organization's approach is ________ lobbying because it resorted to indirect tactics to achieve its goal.

Answers

Answer:

grassroots

Explanation:

From the question we are informed about A conservation organization conducted several negotiations with the government to prevent the dissemination of mercury in several food products. Since the negotiations with the government were unsuccessful, the organization prepared a press release and used its website, social media, and email to reach its audiences to support its cause. In this case, the term used to define the organization's approach is grassroots lobbying because it resorted to indirect tactics to achieve its goal.

Grassroots lobbying can be regarded as an approach which is separated from direct lobbying using the act or process that involves asking out general public so they can contact legislators as well as government officials partaining to any issue that is at hand, this act is different from conveying the issue or message at hand directly to the legislators.

A couple wants to purchase a home for $286,000 with an 80% conventional loan for 15 years at 4% annual interest. The annual insurance premium will be 2% of the value of the home, and the ad valorem taxes are $7,161. The loan will require a monthly principal and interest payment of $4.77 for each $1,000 of the loan amount, and the lender will use 28/36 qualifying ratios. The property appraises for $286,000 and the couple has no other debts. How much verifiable gross monthly income will the couple need

Answers

Answer:

$7,731.43

Explanation:

Calculation to determine How much verifiable gross monthly income will the couple need

Gross monthly income=( $286,000 × 0.8) ÷$1,000*$4.77

Gross monthly income=$228,800 ÷ $1,000 × $4.77

Gross monthly income = $1,091.38;

Gross monthly income=$7,161+($286,000 × 0.02)/12

Gross monthly income=$7,161 + $5,720 ÷ 12 = $1,073.42;

Gross monthly income= $1,091.38 + $1,073.42

Gross monthly income= $2,164.80;

Gross monthly income=$2,164.80 ÷ 0.28

Gross monthly income= $7,731.43

4) The management of Stanforth Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000, would be replaced by a new machine. The new machine would be purchased for $516,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $173,000 per year in cash operating costs. The simple rate of return on the investment is closest to:

Answers

Answer:

17.86%

Explanation:

Calculation to determine what The simple rate of return on the investment is closest to:

First step is to calculate the Depreciation

Depreciation = $516,000 ÷ 6years

Depreciation= $86,000

Second step is to calculate Incremental operating income

Incremental operating income = $173,000-$86,000

Incremental operating income=$88,000

Now let determine the simple rate of return on the investment

Using this formula

Simple rate of return = incremental operating income ÷ initial investment

Let plug in the formula

Simple rate of return = $87,000÷$516,000

Simple rate of return =17.86%

Therefore The simple rate of return on the investment is closest to:17.86%

The balanced scorecard is a unique system of performance measures in that it: (Check all that apply.) Multiple select question. has financial and nonfinancial measures. has multiple perspectives. has key indicators measured by all companies. has a focus on customer satisfaction. can only be used by small companies.

Answers

Answer:

has financial and nonfinancial measures.

has multiple perspectives.

has a focus on customer satisfaction.

Explanation:

A balanced scorecard is a strategic management performance metric in which it helps the companies to identifying and improve the operations internally for helping out the external results. Also at the same time it determined the performance data related to the past and according to this it gives the feedback so that better decisions could be carried out

So as per the given options, the above 3 options should be selected

Answer:

has financial and nonfinancial measures.

has multiple perspectives.

has a focus on customer satisfaction.

Explanation:

If workers and firms have rational expectations, they understand that ________ monetary policy will raise the inflation rate, so actual inflation ________ expected inflation. contractionary; will be equal to expansionary; will be less than expansionary; will be equal to contractionary; will be less than expansionary; will be greater than

Answers

Answer:

expansionary; will be equal to

Explanation:

Remember, monetary policies are basically divided into:

expansionary monetary policy, andcontractionary monetary policy.

Indeed, as the name implies, the expansionary monetary policy is meant to in a sense boost up economic growth in terms of reducing interest rates thereby theoretically increasing spending and also leading to an increase in the money supply. When there is an increase in the money supply, this thus leads to an increased inflation rate, which would be expected if workers and firms have rational expectations.

Rudy Company reports gross sales revenue of $5.2 million, net sales revenue of $5 million, and cost of goods sold of $3 million. Rounding to the nearest percent, the company's gross profit ratio would be

Answers

Answer:

40 %

Explanation:

Gross Profit ratio = Gross Profit / Net Sales x 100

where,

Gross Profit = Net Sales - Cost of Sales

                     = $2 million

thus,

Gross Profit ratio = $2 million/ $5 million x 100

                              = 40 %

The company's gross profit ratio would be 40 %

You are working several plans and community organizations to sponsor an educational event. When putting together advertisements for this event, what should you do

Answers

Answer: Ensure that the advertisements indicate it is an educational event

Explanation:

Defining an advert and tailoring it's message to the exact plan you want is really important. where this can be implemented well is with the contents the advert is done. The content drives home the message, if the content is not designed to meet what you want or it's target audience well, it would drive a different message.

When putting together advertisements for this event, you should ensure that the advertisements indicate it is an educational event unless it would be seen as a marketing program, you can ensure this by the content through the content displayed

Even though there are many state-owned businesses in China, many Western businesses feel that they should still invest in the country because

Answers

Answer:

The nation is moving toward a market-based system

Explanation:

Capital

This is simply tools, equipment, machinery, and buildings used to produce goods and services.

Economic System

This is simply refered to as the way or method used by a society to allocates its resources (land, labor, capital and entrepreneurship) to satisfy its needs.

Command economy

This is known as an economic system that depends on the central government to make all of the decisions in terms of supply and demand rather than allowing the market to freely identify consumers' demands and industry's ability to supply

The economic term that describes the satisfaction that consumers gain from consuming goods and services is

Answers

Answer:

utility

Explanation:

Answer:

Utility

Explanation:

I got the answer right on my test

Assuming all other factors remain constant, if fixed costs increase, then the break-even point will:

Answers

Answer:

Results are below.

Explanation:

To calculate the break-even point, the following formula is required:

Break-even point in units= fixed costs/ contribution margin per unit

Contribution margin per unit= selling price - unitary variable cost

If the fixed costs increase and the unitary contribution margin remains constant, the company would have to sell a larger amount of units to cover the fixed costs.

For example:

Fixed costs0= 120,000

Fixed costs 1= 140,000

Unitary contribution margin= 40

Break-even point in units= 120,000/40= 3,000

Break-even point in units= 140,000/40= 3,500

Acme Corp. is conducting a business impact analysis for the threat of ransomware impacting its organization. The company determines that there is a 1 percent risk of a significant ransomware attack in any given year. Overall annual revenue for the company is valued at $10,000,000 and estimates are that a large ransomware attack would cause approximately $1,000,000 in damage. What is the Estimated Threat Impact (ETI) in this scenario? Group of answer choices $1,000,000 $10,000 $10,000,000 $100,000

Answers

Answer: $1,000,000

Explanation:

Risk impact assessment refers to the method of assessing the probabilities of a particular risk and its consequences in case they are realized.

Based on the question, since there's an estimate that a large ransomware attack would cause approximately $1,000,000 in damagez then the estimated threat impact is $1,000,000.

Jack is conducting a risk assessment for his firm and is evaluating the risks associated with a flood inundating the firm’s data center. Consulting FEMA maps, he determines that the data center is located in a 100-year flood plain. He estimates that a flood would cause $5M of damage to his $40M facility. What is the annualized loss expectancy? Group of answer choices $5,000,000 $500,000,000 $50,000 $500,000

Answers

Answer: $500,000

Explanation:

Firstly, we should note that the annualized loss expectancy will be 10% of the estimated damage.

Since we are informed that Jack estimated that a flood would cause $5M of damage to his $40M facility, then the annualized loss expectancy will be:

= 10% × $5 million

= $500,000

Institutions that help to match one person's saving with another person's investment are collectively called the

Answers

Answer:

Financial system

Explanation:

1. Calculate the current ratio and the acid-test ratio for Queen's Line. (Enter your answers in millions, not in dollars. For example, $5,500,000 should be entered as 5.5.)'

Answers

Answer:

0.31

0.27

Explanation:

Here is the full question used in answering this question

Selected financial data regarding current assets and current liabilities for Queen's Line, a competitor in the cruise line industry, is provided: (Enter your answers in millions, not in dollars.)

($ in ,millions)

Current assets:

Cash and cash equivalents $307

Current investments 82

Net receivables 218

Inventory 122

Other current assets 138

Total current assets $867

Current liabilities:

Accounts payable $1,165

Short-term debt 709

Other current liabilities 904

Total current liabilities $2,778

Required:

Calculate the current ratio and the acid-test ratio for Queen's Line

Current ratio is an example of a liquidity ratio. Liquidity ratios measure a firm's ability to honour its short terms obligations. the higher the current ratio, the higher the firm's liquidity and its ability to meet short term obligations

Current ratio = current asset /current liability

867 / 2778 = 0.31

Acid test ratio also known as the quick ratio measure the ability of short term assets to meet current liabilities

Acid test ratio = (current asset - inventory) / current liabilities

(867 - 122) / 2778 = 0.27

According to RET, unanticipated changes in the price level, or ______, cause temporary changes in real output.

Answers

Answer:

price-level surprises

Explanation:

Price can be defined as the amount of money that is required to be paid by a buyer (customer) to a seller (producer) in order to acquire goods and services. Thus, it refers to the amount of money a customer or consumer buying goods and services are willing to pay for the goods and services being offered. Also, the price of goods and services are primarily being set by the seller or service provider.

In sales and marketing, pricing of products is considered to be an essential element of a business firm's marketing mix because place, promotion and product largely depends on it.

The rational expectations theory (RET) is an economic theory which states that consumers would always make decisions based on the best information that is made available to them at a given time.

According to rational expectations theory (RET), unanticipated changes in the price level, or price-level surprises would cause temporary changes in real output. Thus, macroeconomic policy such as price level, economic growth, Gross Domestic Product (GDP), inflation, unemployment and national income levels are ineffective in both the short run and long run

Bill is the treasurer for a fast-growing organization whose budget has recently been growing at a rate of 10% per year. The budget last year was $352,000. What should he expect it to be 2 years from now

Answers

Answer:

$426,000

Explanation:

Calculation to determine What should he expect it to be 2 years from now

First step is to calculate for One year budget

In One year budget =$352,000+(10%*$352,000)

In One year budget =$352,000+$35,200

In One year budget=$387,200

Now let determine What should he expect it to be 2 years from now

In Two year budget=$387,200+(10%*$387,200)

In Two year budget=$387,200+$38,720

In Two year budget=$425,920

In Two year budget=$426,000 (Approximately)

Therefore What should he expect it to be 2 years from now is $426,000

An individual reports the following capital transactions in the current year: Short-term capital gain $ 1,000 Short-term capital loss 11,000 Long-term capital gain 10,000 Long-term capital loss 6,000 What amount is deducted in arriving at adjusted gross income

Answers

Answer: $6000

Explanation:

The amount that is deducted in arriving at adjusted gross income will be calculated thus:

Short term capital gain = $1000

Less: Short term capital loss = $11000

Net short term loss = -$10000

Long term capital gain = $10000

Less: Long term capital loss = $6000

Net long term gain = $4000

Then, the amount that is deducted in arriving at adjusted gross income will be:

= $10000 - $4000 = $6000

Marigold Corp.'s accounting records reflect the following inventories: Dec. 31, 2017 Dec. 31, 2016 Raw materials inventory $320000 $260000 Work in process inventory 300000 160000 Finished goods inventory 190000 150000 During 2017, $830000 of raw materials were purchased, direct labor costs amounted to $670000, and manufacturing overhead incurred was $640000. The total raw materials available for use during 2017 for Marigold Corp. is

Answers

Answer:

Raw material available for use= $1,150,000

Explanation:

Giving the following information:

Beginning Raw materials inventory=  $320,000

Raw material purchased= $830,000

To calculate the raw material available for use, we need to use the following formula:

Raw material available for use= Beginning Raw materials inventory + Raw material purchased

Raw material available for use= 320,000 + 830,000

Raw material available for use= $1,150,000

A _____ is a qualified individual who is not actively looking for work but might be interested if the right job comes along.

Answers

Answer:

passive job candidate

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A passive job candidate can be defined as a qualified individual with the requisite experience and academic degree who is not actively seeking for employment (work) but might be interested in taking up one, if the right job comes along. Thus, a passive job candidate isn't actively seeking employment but whom recruiter seeks out and as such may be open to a good career job or relevant opportunities.

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