1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
olasank [31]
3 years ago
5

Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the

y are worth the substantial fees they charge.
Ms. Fring: Nonsense. Expert consultants are hired in order to enable executives to avoid responsibility. The more the experts cost, the more they can be blamed when things go wrong.
Which one of the following, if it occurred, would be the strongest evidence favoring Ms. Fring’s position over Mr. Blatt’s position?
(A) A company that is trying to decide whether to move its manufacturing plant hires an expensive expert to conduct a cost/benefit analysis.
(B) Two competing companies faced with very similar problems adopt different solutions, one with the help of a consultant, one without.
(C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
(D) An expert consultant builds up a successful business by charging clients a substantial percentage of the amount an independent assessor judges that the consultant saved the company.
(E) A company follows a consultant’s advice to open two new stores, but both stores are only marginally profitable at first.
Business
1 answer:
Sidana [21]3 years ago
6 0

Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

You might be interested in
Dunay Corporation is considering investing $750,000 in a project. The life of the project would be 11 years. The project would r
photoshop1234 [79]

Answer:

The Net Present Value is - $20324

Explanation:    

We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.

We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000

CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)

CF 1 160 inflow

CF 2 160 inflow

CF 3 160 inflow

CF 4 160 inflow

CF 5 160 inflow

CF 6 160 inflow

CF 7 160 inflow

CF 8 160 inflow

CF 9 160 inflow

CF 10 160 inflow

CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220

We now use our financial calculator and input these amounts into the calculator.

We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.

We get an answer of -20,32400407

We now need to put the amount into thousands. Thus = -20324,004

rounded to the nearest dollar we get - $ 20324

7 0
3 years ago
The four traits of constructive criticism are _______.
Dmitrij [34]

Answer:

The answer to this question is given below in the explanation section.

Explanation:

Constructive criticism is the process to offer valid and well-reasoned reponed or opinion about other works, it includes both positive and negative comments in a friendly way rather than an oppositional one.

There are four traits of constructive critisim.

So, the correct answer to this question is given below:

D: Positivity, Solution-Oriented, Specific, and private.

While other options are not correct because the four traits of constructive criticism are starting from positivity, solution-oriented, specific, and private.

8 0
2 years ago
Read 2 more answers
A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer
stealth61 [152]

Answer:

Increased by $50,000

Explanation:

When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.

Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0
3 years ago
50 pts!!! up for grabs!!!
astraxan [27]

Answer:

thx fpr the 50 bro and can i get brainliest i need one more

Explanation:

7 0
3 years ago
On January 1, Year 1, Stratton Company borrowed $100,000 on a 10-year, 7% installment note payable. The terms of the note requir
lisov135 [29]

Answer:

1. Debit Interest Expense $7,000; debit Notes Payable $7,238; credit Cash $14,238.

Explanation:

The journal entry is shown below:

Note payable A/c Dr $7,238

Interest expense A/c Dr $7,000

  To Cash A/c $14,238

(Being the first payment on the note is recorded)

The computation of the interest expense is shown below:

= Borrowed amount × rate of interest

= $100,000 × 7%

= $7,000

And, the remaining balance left is reported in the note payable account

3 0
3 years ago
Other questions:
  • The following information relates to current production of bench seats for boats at Aquamarine Manufacturing:
    7·1 answer
  • True or false a culinarian is who has studied and continues to study the art of cooking
    8·1 answer
  • To a macroeconomist, a trade deficit is synonymous with which of the following?
    8·1 answer
  • A person who teaches you coaches you and helps you to advance in your career is known as a?
    11·1 answer
  • Explain the theory of purchasing power parity (ppp). based on this theory, what is a general forecast of the values of curren­ci
    13·1 answer
  • One autumn, the weather is perfect for growing pumpkins, and the pumpkin crop is much larger than usual. Meanwhile, when hallowe
    13·1 answer
  • On its advertisement, a company claims that it has funds in its possession that are, in fact, not available for the payment of l
    7·1 answer
  • A $1,000 par value bond was issued 25 years ago at a 12 percent coupon rate. It currently has 15 years remaining to maturity. In
    11·2 answers
  • Write a short summary on how Amazon grew so quickly, and how its relationship with its employees developed over time.
    9·1 answer
  • Which balanced scorecard perspective helps top management focus on what the organization must excel at to effectively meet its f
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!