Answer:
Explanation:
Human are the source of resistance this include the staff, employees, employers and the team of the organization that is involved.
The resistance often come because of the fear of the outcome of the innovation or change and complacency with the current state.
Ability to Capture the passion needed and leverage on the position surrounding the change can reduces resistance among the people
Ability to get support of management, supervisors to advocate for the change helps reduce resistance.
Also, the reason for the change and its impact should be well communicated among the employees this help reduce resistance.
Answer:
YTM = 0.06409 or 6.409% rounded off to 6.41%
Explanation:
The YTM or yield to maturity is the yield or return that the bond will provide if it is purchased today and held till maturity. The formula to calculate the YTM will be,
YTM = [ (C + (F - P)/n) / ((F + P)/2) ]
Where,
- C is the coupon payment
- F is the face value of the bond
- P is the current value
- n is the number of years to maturity
Coupon = 1000 * 0.07 = 70
YTM = [ (70 + (1000 - 1062.50)/16) / ((1000 + 1062.50)/2) ]
YTM = 0.06409 or 6.409% rounded off to 6.41%
Answer: Could help companies remain solvent during prolonged recession.
Explanation:
A promotion budget is a specific amount of money destined to promote the goods or services of a business.
During a recession, many businesses reduce their promotion budgets, although is the opposite of what could actually help them survive tough economical periods. It´s the businesses that improve promotion during recessions the ones that get a sales increase during and even after the recession.
Answer:
C. the Phillips curve is vertical
Explanation:
Philips Curve shows the inverse relationship between inflation rate & unemployment level. High inflation rate implies low unemployment rate; and low inflation rate implies high inflation rates. Economic growth (output rise) leads to inflation & reduces unemployment ; Economic slowdown (output fall) leads to deflation & increases unemployment.
However; In long run, real GDP (output level) returns to its potential level. So; output level defining the inverse relationship (trade off) between inflation rate & unemployment level, is stable. Hence, inflation rate & unemployment level have no inverse (trade off) relationship & they are unrelated. Therefore, the long run Phillips curve is vertical.
Answer: P =$50
Q= 25
Explanation: P= 100-2Q
P= 2Q
To get the quantity supplied Q, we have to educate both equations
100-2Q=2Q, 100=2Q+2Q
100=4Q, Q=100/4 , Q=25
To get the equilibrium price we have to substitute the value of Q which is 25 into any of the equation.
Using equation 1
P=100-2Q, P=100-2(25)
P=100-50, P=$50.
If the price is controlled at $60, then the production pays the producer this is because a commodity is not expected to be sold at the equilibrium price, price flooring is a way that government or a group control the market price of a commodity or produce by imposing a particular price on it. This is to ensure that the producers are not at loss with their production, a price floor is always higher than the equilibrium price to be effective as seen in the example given above, price floor is $60 while equilibrium price is $50.
An example of a price floor for services can be seen in the minimum wage stated by the government this is to ensure that people's services are not misused anyhow.
Price flooring most times can lead to surplus quantity produced if consumers are not willing to pay the price, because the producer will be wiling to produce more in order to make more profit.
