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2 years ago

Discuss the role of management in the larger societal context. what do you think the managers of the future will be like?

1 answer:

5 0

Management recreates a vital role in modern culture. It contains the factories of production for social progress, greater productivity, increased jobs and income, better performance, and the satisfaction of society's needs.

<h3>What do you think the managers of the future will be like?</h3>

Management plays an important part in setting the boundaries for what is sufficient ethically and legally. Future managers will be international strategists, right at technology, politicians, and good leader-motivators. . It enables the development of society and the welfare of the public. The future of management depends on flexibility, adaptation, and pragmatism.

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A. Fiscal Policy involves changing _______________. In the United States, Fiscal Policy is implemented by the ____________.

Ede4ka [16]

Answer:

a. Fiscal Policy involves changing government purchases and tax. In the United States, Fiscal Policy is implemented by the federal government.

b. An expansionary fiscal policy can be used to address a Recessionary Gap by reducing taxes and increasing government purchases.

Explanation:

Fiscal policy can be described as the employment of the government purchase and taxation level by the federal goveernment with the aim of influencing the aggregate demand and economic activity level.

Expansionary fiscal policy occurs when the government increases its purchases and reduces taxes in order to close Recessionary Gap, while contractionary fiscal policy is when the government reduces it purchases and increases taxes.

Based on this explanation, we have:

a. Fiscal Policy involves changing government purchases and tax. In the United States, Fiscal Policy is implemented by the federal government.

b. An expansionary fiscal policy can be used to address a Recessionary Gap by reducing taxes and increasing government purchases.

6 0

3 years ago

One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the

Darya [45]

Answer:

PV= $22,677.03

Explanation:

Giving the following formula:

Number of periods (n)= 9 years

Annual payment (A)= $3,800

Discount rate (i)= 12%

First, we will calculate the future value of the payments using the following formula:

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}

FV= 56,147.49 + 6,737.7

FV= $62,885.19

Now, the present value:

PV= FV / (1 + i)^n

PV= 62,885.19 / (1.12^9)

PV= $22,677.03

5 0

3 years ago

Which of these factors would be considered when making a location decision at the region/community level?

Delicious77 [7]

Answer: E .

The three most important reason'sfor a firm to locate in a particular region are,RAW MATERIALS

PERISHABILITY

TRANSPORTATION COST

Hope it's correct,

8 0

3 years ago

At the beginning of the year, Plummer’s Sports Center bought three used fitness machines from Advantage, Inc. The machines immed

Sidana [21]

Answer: Please see below

Explanation:

Machine A Machine B Machine C

Amount paid for asset $ 11,000 $ 30,000 $ 8,000

Installation costs 500 1,000 500

Renovation costs prior to use 2,500 1,000 1,500

total cost $14,000 $32,000 $10,000

Machine Life Residual Value Depreciation Method

A 5 years $1,000 Straight-line

B 60,000 hours 2,000 Units-of-production

C 4 years 1,500 Double-declining-balance

 for machne A, using Straight line Depreciation

Straight line Depreciation = total cost of asset - residual value /useful life

=14,000-1000/5= $,2,600

 for machne b, using units of operation with production time = 4800

units of operation Depreciation= total cost of asset - residual value /useful life x Production time = ((32,000-2000)/60,000) x 4800= $2400

for machne b, using Double-declining-balance

Double-declining-balance depreciation = (cost of asset - accumulated depreciation/ useful life of asset) x 2 =(( $10,000- 0)/4) x2 = $5000

Journal for machine A at end of year 1

Account Debit Credit

depreciation expense $2600

accumulated depreciation $2,600

Journal for machine B at end of year 1

Account Debit Credit

depreciation expense $2400

accumulated depreciation $2,400

Journal for machine C at end of year 1

Account Debit Credit

depreciation expense $5,000

accumulated depreciation $5,000

4 0

4 years ago

Airline travel and car rentals are complement goods. What happens first when

LenaWriter [7]

Answer:

D. The quantity of car rentals demanded goes up.

Explanation:

Complimentary goods are products that are used together. If Airline travel and car rentals are complementary goods, it means the two products must be used together. Either of the products will not add much value to the customer if purchased alone.

Complimentary products have a joint demand. An increase in demand for one good leads to an increase in demand for the other product. If the demand for Airline travel rises, the demand for car rentals also increases. A decrease in demand will have similar effects.

7 0

3 years ago