Answer:
Scenario 1. B. Prepare and rehearse.
2. B. Offer a clear, sincere explanation.
C. Communicate the news openly.
3. A. Reveal specific reasons for not hiring the applicant.
D. Use an indirect pattern.
4. Option 1
Explanation:
Delivering bad news is inevitable in every organization. Some factors are of utmost importance when having to do this. They include;
1. Being clear and concise.
2. Being straightforward while still providing assurance.
The direct approach announces the bad news just at the introduction of the speech. Whereas, the Indirect approach is used when the audience is not well known. It employs some form of explanation before the bad news is delivered.
1. Being tactful and professional would require adequate preparation so as to choose words properly and put people's feelings into consideration.
2. To avoid spreading rumors within and outside the organization, the president would have to address his staff openly. He should be clear and concise when doing this.
3. To make room for good relationship and not break the confidence of the applicant, the HR should begin with an explanation of why the applicant was not hired.
4. The general manager should encourage the employee's effort to be trained but in order not to jeopardize the present schedule, future arrangements would need to be made.
Answer:
D) Quantity sold rose while the effect on price is ambiguous.
Explanation:
Two separate things happened here;
- Change in consumer habits have shifted the the demand curve to the right, increasing the quantity demanded at every price level.
- Better technology and lower costs have also shifted the supply curve to the right, increasing the quantity supplied at every price level.
One thing is certain, the quantity demanded and supplied increased, so the total quantity sold definitely increased. The price issue is not certain because you would need additional information about which shift was larger, the shift of the supply curve or the demand curve.
Answer:
1) B. Future value of an annuity
2) E. 924.86
Explanation:
This question is divided into two
The first is to determine what kind of value from the following
A. Present value with compound interest
B. Future value of an annuity
C. Present value of an annuity
D. Amortization
E. Sinking Fund
The second question is to find the monthly payment
A.986.78
B. 724.94
C. 1003.78
D.872.46
E. 924.86
Solution
1) since the company needs the $35,000 in 3 years, it means the rate to calculate for is the Future Value of an Annuity and this will be used for determining the monthly payment in the second question
2)First, what is the formula for the Future Value of an annuity
= FV=P[((1+r)^n - 1)/ r]
Where
FV= The future value = $35,000
r= rate = 3.4% per year.
Since, it is compounded monthly, the monthly rate = 3.4%/ 12 = 0.2833%
n = 36 months
and P is the monthly payment required
Therefore,
We solve finding the value of P
= 35000=P[((1.002833)^36 - 1)/ 0.002833]
= 924.86
Answer:
The correct answer is letter "C": relatively high, while monetarists argue it is low.
Explanation:
Keynesian Economics is a school of thought in which the government plays an important role in mitigating economic recessions. It is named after British economist John Maynard Keynes (1883-1946) who argued that governments need to push against economic tides in order to loosen the impact of the boom and bust cycles that are inevitable in a free market economy.
Associated with American economist Milton Friedman (11912-2006) Monetarism states that the government must keep the money supply fairly steady, increasing it marginally each year primarily to allow the economy to grow naturally. Monetarists consider the fiscal policy as less effective than monetary policy due to the low-interest elasticity of the demand for money, opposite to the idea of Keynesians.
The "C) When used, both take money directly out of a bank account" statement is true of both paying with a check and paying with a debit card. Paying with a check and paying with a debit card have a similar trait to its function. Both of the payment methods are used for the daily transaction and the user has to have enough balance in the bank account in order to execute payments<span>.</span>
