The correct answer would be, The Law of Demand.
Prices are much higher than formerly. Siemienas says, 'Yes my prices are high, if nobody buys, i bring my prices down. This is the market rule'. This rule best describes The Law of Demand.
Explanation:
In the field of economics, there are two basic concepts of Demand and Supply.
According to The Law of Demand, When the price of the good or service increases, the demand for that product or service decreases, and if price of the good or service decreases, the demand for that product or service increases, keeping all other factors constant.
So this is what Siemienas says that if the demand for his product will decrease, he will decrease the price of the product in order to maintain the sales of his company.
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<span>The strategy of appealing to different types of customers in this way is an example of product definition.
</span><span>The product definition includes product concept, design requirements and specifications, features, target market.
</span>First the company must understand the customer<span> needs and then it should convert this understanding into technical requirements for a new </span>product<span>.</span>
Answer:
The HRM (Human Resources Management) function that covers concerns about how to align individual employee's goals with the overall organization's goals is:
Performance management.
Explanation:
In Human Resource Management (HRM), there are various functions dealing with Human resource planning, Recruitment and selection, Performance management, Learning and development, Career planning. The performance management unit ensures that individual employee's goals are aligned with the overall goals of the organization in order to achieve organizational success. The performance management function helps HR managers to establish, agree, and marry the goals of employees with organizational performance expectations.
Answer:
Option B is the correct answer,1.05
Explanation:
Present value index can be computed using the below formula:
present value index=present value of cash inflows/initial amount invested
present value of cash inflows=annual net cash flow*present value factor of annuity
annual net cash flow=$93,750
present value factor of annuity=4.212
present value of cash inflows=$93,750*4.212=$394,875.00
initial amount invested is $375,000
present value index=$394,875.00/$375,000
=1.053
The present value index of this project is approximately 1.05,which is the option B in the multiple choices
Answer: Contact the top level of the management who is not involve in the ethical conflict
Explanation:
According to the given scenario, an employees of an organization are basically dissatisfied with the various types of resolutions of given ethical conflicts made by the company's supervisors.
On the basis of the institute management accountants, the employees next step is the contact with the top level management and involve them in the decision of an ethical conflicts so that they provide an effective resolution based on the given situation.
Therefore, The given answer is the correct answer.