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Ghella [55]
3 years ago
13

Shen manages a grocery store in a country experiencing a high rate of inflation. He is paid in cash. On payday, he immediately g

oes out and buys up as many goods as he can for the next two weeks in order to prevent the money in his wallet from losing value. This is an example of the _______ of inflation.
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

The correct answer is "Shoe-leather effect"

Explanation:

shoe leather cost: In order to reduce the inflation, the people try to hold less cash on hand to reduce the tax inflation. The shoe leather cost refers to the value, in time and energy, of efforts intended to neutralize the effects of inflation.

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Bradley's Copiers sells and repairs photocopy machines. The manager needs weekly forecasts of service calls so that he can sched
Mkey [24]

Answer:

Explanation:

exponential smoothing alpha = 0.5

formula = Previous demand x Alpha + previous forecast x (1 - alpha)

26   32   40   27    30

26  26  29  34.5  30.75

week 2 forecast

26x0.5 + 26x0.5 = 26.

week 3 forecast

32x0.5 + 26x0.5 = 29

use the same procedure for week 4 and week 5

week 6

30x0.5 + 30.75x0.5 = 30.375

Demand Forecast for week 6 = 30.38

5 0
4 years ago
If the fed believes the economy is about to fall into​ recession, it should
Otrada [13]
<span>If the Fed believes the economy is about to fall into​ recession, it should use an expansionary monetary policy to lower the interest rate and shift AD to the right. When using an expansionary monetary policy a central bank will use its tools to stimulate the economy. They increase the supply of money, lower interest rates and increase aggregate demand. 

</span>
5 0
4 years ago
You talk to Kenji, the Japanese manager of the Swedish plant. He says the workers are uncooperative and do not carry out the ins
Oliga [24]

Answer:

Explanation: Cultural differences can affect the workplace and how employees cooperate. In a business it is crucial to determine employers and employees' cultural differences to decipher how these differences can be incorporated into the work place so that everyone can operate cohesively.

So it is important to take the best choice and investigate this situation further. Before forming an opinion, make sure you have viewed everyone's perspective. Try and figure out why the workers are disobeying Kenji's orders, but also determine why Kenji has such a dominating and unreadable personality.

It is important to note that Sweden is a low - context culture. This means that Swedish people communicate information in explicit and direct ways. Facial expressions, gesture and other forms of non verbal communication aren't heavily used or taken into consideration when communicating, and people often communicate verbally only, to get taken their points across. Japan however is a high context culture and relies on non - verbal cues such as traditions and context to communicate information.

Because of the different cultural contrasts Kenji should consider providing more clearer, more verbal (and less ambiguous) instructions to his employees so that communication is better understood by all the parties involved.

4 0
4 years ago
What does the word Psychology means ?
nevsk [136]
Psychology is the study of behavior and the minds functions.
5 0
3 years ago
Read 2 more answers
Puvo, Inc., manufactures a single product in which variable manufacturing overhead is assigned on the basis of standard direct l
GarryVolchara [31]

Answer:

$4,089 Unfavorable

Explanation:

Data provided

Standard variable rate = $9.20

Direct labor hours = 1,160

Variable manufacturing overhead costs = $14,761

The computation of variable overhead rate variance is shown below:-

Variable overhead rate variance = (Standard variable rate - (Variable manufacturing overhead costs ÷ Direct labor hours)) × Direct labor hours

= ($9.20 - ($14,761 ÷ 1,160) × 1,160

= ($9.20 - $12.725) × 1160

= $4,089 Unfavorable

Therefore for computing the variable overhead rate variance we simply applied the above formula.

7 0
3 years ago
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