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kotykmax [81]
4 years ago
11

Which firm is likely to see its profits reduced the most in a recession: an automobile producer, a manufacturer of boots and sho

es, or a janitorial service? Which is likely to see its profits reduced the least? Explain.
Business
1 answer:
dem82 [27]4 years ago
4 0

Automobile producer would see profit reduced the most and janitorial services would be least affected.

<u>Explanation:</u>

Recession is one of the phases of the trade cycle. In this phase of the trade cycle, there is downfall in the production, consumption, investment and saving in the economy. The growth rate of the economy sees a downfall in this phase.

Among the examples given here, automobile producer is the firm which would be one of the most affected company during the time of recession because it is not something essential but luxury.

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The sales department at Delta Corp. has devised a set of rules for its employees. All the employees are required to be in the of
KIM [24]

Answer:

d) Norms

Explanation:

A norm is an informal guideline that dictates expectations in an organization. They inform members what is considered correct or incorrect in that specific business. Norms express the collective expectations that members of an organization have from each other.  Not all companies will have their norms written.

In many organizations, norms are essential aspects of the organizational culture. They dictate how things are done in that company. Norms help new members adapt to the organization smoothly. They explain relationships between employees and fellow employees, employees and jobs, and employees and superiors.

4 0
4 years ago
Bing engaged Dill to perform personal services for $2,200 a month for a period of four months. The contract was entered into ora
Maurinko [17]

Answer:

Bing can immediately sue for breach of contract

Explanation:

Based on the scenario that is being described, Bing can immediately sue for breach of contract. Breaching a contract is when one party in a binding agreement fails to deliver according to the terms of the agreement. When Dill made an anticipatory repudiation, he basically stated that he does not intend to live up to the obligations of the contract that he had agreed to, therefore breaching the contract and becoming liable.

4 0
3 years ago
What will happen to return on investment (ROI) if current assets decrease while everything else remains the same (assume the cur
swat32

Answer: There would be an increase on return on investment (ROI) if current assets decrease while everything else remains the same

Explanation: This is because when the profit(returns) is constant, but the assets drops in value, the new ROI will be relative drop in value of asset.

5 0
3 years ago
1. Improvements in technology.2. Increases in the supply (stock) of capital goods.3. Purchases of expanding output.4. Obtaining
Scrat [10]

Answer:

D: 1 only

Explanation:

Improvement in technology is an efficiency factor for economic growth. It began with the first industrial revolution in the 19th century and is now being led by fourth industrial revolution or a revolution propelled by advances in computer technologies, internet, robotics and artificial intelligence.

3 0
3 years ago
When Japanese carmakers entered the existing U.S. automobile market by first offering small fuel-efficient cars, and then levera
Maksim231197 [3]

Answer:

<em>Disruptive innovation</em>

Explanation:

<em>Japanese car makers are engaging in</em> <u>disruptive innovation</u>.

Disruptive innovation is a type of theory in business that is related to the entrance or interrupt of a company in an already existing markets.

So here, as we can see that <em>Japanese car makers are also entering in the U.S. automobile market that is an existing market,</em> we can say know that it is also a type of disruptive innovation.

3 0
4 years ago
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