Answer:
c. develop a relationship with the person at the center of the grapevine so you can quickly spread and receive information throughout the organization
d. paying attention to what is said on the grapevine will give you a good serve of what employees are really thinking and feeling about the company.
Explanation:
- Grape wine is a rumor and informal channel of communication that spread throughout the organization in all directions irrespective of the authorities and develops due to various reasons.
- In order to manage this grape wine within the organization, the leaders may need o to defend the boundaries of grapevines and avoid the spread of rumors.
Answer:
b. If the employer accepts Turner's counteroffer, Turner will recognize as gross income $55,000 per month [($480,000 + $180,000)/12].
Explanation:
Given that
Turner annual salary = $600,000
Counteroffer to received a monthly salary = $40,000 or $480,000 annually
And, $180,000 bonus in 5 years at the age of 65
So the benefit he will be getting would be after accepting the counter offer is
= ($480,000 + $180,000) ÷ 12 months
= $660,000 ÷ 12 months
= $55,000
Monopolists do not prefer to produce in the when the demand for a good produced by them is inelastic. Option B is the correct answer.
- It is common to observe that monopolists, avoid engaging production when the demand for their product becomes inelastic.
- In order to understand this situation, it is important to address the meaning of inelastic demand.
- The term 'inelastic demand' refers to a situation where the demand for a product does not increase/decrease (change) when there is an increase/decrease (change) in its price.
- This does not lead to profits for a monopolist.
- It is because, a firm will be able to secure profits by producing lower amounts of goods for a higher price when the demand is elastic.
- Hence, when the demand is inelastic, the increase in the quantity will be sold at the previous standard price, leading to a fall in terms of the total revenue.
Therefore, it is clear that a monopolist will not produce when the demand for a good is inelastic.
Learn more about Demand Elasticity here:
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A depository institution is a financial institution in the United States.
Answer:
The correct answer is letter "A": includes production of foreigners working in the U.S. but excludes production by U.S. residents working in foreign countries.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. The GDP measures the size of the economy and it is determined by the following formula:
GDP = C+ G + I + NX
Where:
C = Private consumption
G = Government spending
I = Businesses' capital spending
NX = Net exports (exports-imports)
Labor is part of the GDP as well. It could be included in government spending or capital spending. <em>A nation's labor productivity is the sum of all the labor force production within the country regardless of the nationality of the workers</em>. <em>Citizen's productivity working abroad will be included in the GDP of the country where they work</em>.
