<span>If profit per unit equals (price - cost per unit) and costs are temporarily fixed, then the aggregate supply curve will have a positive slope. From the equation that the profit per unit is equal to price minus by the cost per unit meaning that as prices rises and more output is produced. In doing so, as the effect of more output corresponding to an increase in price with a slope rising to the right depends on the response of the costs.</span>
Answer:
B. Mission Statement.
Explanation:
Customers who visit any Good As New Appliance Repair Center see a framed statement prominently displayed near the front door. The plaque describes the company's fundamental purposes. In part, it states that "All Good As New Centers operate under the belief that every customer deserves good quality parts, fast and dependable service, and a fair price." The words on this plaque reflect the mission statement of Good As New.
Answer:
Market orientation
Explanation:
Market orientation is defined as a philosophy that focuses on identifying consumer needs and implementimg strategies to meet them. A company like Apple designs and produces goods that will satisfy consumer needs.
Market orientation consists of decision-making, market intelligence, culturally based behaviour, strategy, and customer orientation.
Apple conducts in-depth marketing research to determine what customers want. Its electronic devices are constantly upgraded so customers can purchase the newest models.
They are a company focused on market orientation.
Answer:
Affirmative action is a policy which goes beyond the equal employment opportunity. It is requires organization to comply along with law and correct past discrimination. This is done through the increase in the number of minorities or women in particular position.
Affirmative action is found to be both an emotional and legal issue which affects both employers and employees. The arguments for opposing and supporting the affirmative action as employer policy can be discussed below:
- Affirmative action goes beyond for providing equal opportunities to the employees
- There must be proven records of firms which has federal contracts and who were found guilty of past discrimination
- Employee protected jobs were not presented in the work culture of these firms found discriminating their employees
- The goal of the employers to have the balanced workforce internally for the requirement of employer labor market
- Future of the affirmative action might not be resolved through judicial action but through proper management and policies
- Differences in the people are ubiquitous in the work environment so different decisions might take place for affirmative action
The steps to be followed for the right affirmative action to take place are as follows:
- Issue written equal employment opportunity policy and the affirmative action statement of commitment
- Publicize the written policy
- Appointing a responsible officer to direct the program and implement it
- Survey of female and minority employment by job classification and department
- Goals and proper time tables for women and minorities improved utilization
- Program implementation
- Internal audit and system reporting for evaluation and monitoring of the process
- Community and in-house program development
Answer:
15% is the return of investment
Explanation:
The calculation is as follows:
Price of stock = Dividend to be paid next year / (Required rate of return – growth in dividend)
$500 = $50 / (Required rate of return - 5%)
500 × Required rate of return - (500 × 0.05) = 50
Required rate of return = 75/500 = 0.15
Thus, 15% is answer.
