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3 years ago

An increase in input prices causes:___________

Business

1 answer:

Svetach [21]3 years ago

5 0

Answer: the market supply to shift inward, driving the equilibrium price higher.

Explanation:

An increase in input prices will result into a rise in the production costs. This will result in a leftward shift of the supply curve.

Therefore, the market supply will shift inward, driving the equilibrium price higher. This simply means that there will be lesser supply of the product and hence, increase in price.

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Your company experienced 20% percent turnover last year. This means 20 percent of people employed at the beginning of the year w

Stella [2.4K]

Answer:

Explanation:

Employee turnover is the rate at which employees leave a company, whether voluntary or involuntary.

In this company, 20 percent of employees leave every year.

If the company intends to have 40 more workers, it should plan to hire the 40 plus an extra 20 percent.

The company should hire 40 plus 20% of 40

=40 + (20/100 x 40)

=40 +(0.2 x40)

=40 +8

=48

The company should hire 48 workers

3 0

3 years ago

An array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its

ZanzabumX [31]

Answer: social complexity

Explanation:

Social complexity simply relates to how the existence of human beings are being studied. The things that are studied include armed conflicts, marriage practices, emigration patterns, political movements, natural disasters, etc.

Therefore, array of firm resources includes interpersonal relations among managers in the firm, its culture, and its reputation with its customers and suppliers. Such competitive advantages are based upon social complexity.

6 0

3 years ago

In many instances the most appropriate way for a firm to cope with an event that leads to negative public relations is to:______

aksik [14]

Answer: a) discourage news coverage of the event.

Explanation:

Act quickly in extreme situations. By discouraging news coverage of the event, Let your customers know that you are aware of the present situation and you are doing everything possible to resolve the issue as soon as possible.

You can also talk to publishers to remove negative content. Do not censor bloggers as this would raise red flags, which would make matters worse. Instead, try and see reasons with them why publishing such slanderous and unfounded comments are not healthy for your business.

5 0

3 years ago

Pick a well-known business organization that has received recent press coverage and that provides its annual reports at its Web

vesna_86 [32]

Explanation:

The commercial company chosen is Amazon.com Inc, this is a multinational that operates in the areas of artificial intelligence, electronic commerce and computing. Amazon was founded in 1994 by Jeff Bezos, with the main objective of being a company that sells books on the internet, at that time the idea did not seem so promising, because the internet was little used worldwide, but Bezos saw there a opportunity and called itself the first virtual book store in the world, and began to be noted for the strategy of offering aggressive discounts, which made the company gain name and popularity.

The success strategy used by Bezos was to offer the customer an easy shopping service, focusing on their needs and offering a huge amount of titles available to the customer. Bezos' innovation strategy has made Amazon a pioneer in setting market standards for the entire internet.

5 0

3 years ago

On June 1, 2016, Bagby Co. purchased a new car for $36,000 with a useful life of eight years and a residual value of $4,800. If

natima [27]

Answer:

The correct answer is a which is $ 6,750

Explanation:

Determine the depreciation base

The depreciation base = Acquisition cost - Residual/Salvage value.

The depreciation base = 36,000 - 4,800.

The depreciation base = $31,200.

Determining the depreciation rate

The depreciation rate = depreciation base / Useful life

The depreciation rate = 31,200/8

The depreciation rate = $ 3,900.

To determine depreciation rate %

Depreciation rate % = (The depreciation rate / depreciation base) × 100

Depreciation rate % = 12.5 %

Since Bagby Co. uses double declining balance depreciation, the correct depreciation rate % is 12.5 × 2= 25%

Determining the depreciation expense for 2017

2017's depreciation expense is computed as:

(Acquisition cost - 2016's depreciation expense) × Depreciation % rate

2016's depreciation expense is computed as:

Acquisition cost × Depreciation % rate = 36,000 × 25%

2016's depreciation expense = $9,000.

Therefore 2017's depreciation expense = (36,000 - 9,000) × 25%

Therefore 2017's depreciation expense = $ 6,750.

7 0

3 years ago