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3 years ago

Psychology experiments are typically designed to

1 answer:

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Experimental psychology refers to work done by those who apply experimental methods to psychological study and the processes that underlie it. Experimental psychologists employ human participants and animal subjects to study a great many topics, including (among others) sensation & perception, memory, cognition, learning, motivation, emotion; developmental processes, social psychology, and the neural substrates of all of these.[1]

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"Discuss the financial and operational implications for airlines as they try to offer the newest technology services?"

Oksana_A [137]

Answer with Explanation:

The introducing of newest technology would definitely have financial and operational implications. These implications are given as under:

Financial implications

Cost Reduction: The operational costs would be reduced by investing in the newest technology which will make the cash flow position better with time.

Benefits Lost Risk: It is possible that the investment might not bring value to the company because of any emergent problems, whose mitigation requires incurring of additional costs.
Cost Advantage: The lower operational cost can drive higher sales because the company will be charging lower fare prices to its customer thus giving Cost Advantage.
Investing in newest technology might not bring value to the company because it is not attracting potential customers but it might pay off later in the form of developed customer loyalty.

Operational implications

Implementing a newest technology might improve the operational processes through which the customer go through, which would increase the customer satisfaction.
Implementation problems of newest technology.
Long term Customer retention will easy for the airline company due increased customer satisfaction.
Operational efficiencies related to services will process the customer fastly saving the companies precious time wasted in these process thus reducing the future human resource cost.
Using robots might bring adverse marketing because the people might think that the human resource are no more required and risks associated with the acceptance of technology due to cultural differences.
Better Security systems would increase the security level and safety levels for the customers.

7 0

3 years ago

Which best describes the function of the federal reserve system

hodyreva [135]

Control of money supply.

The main function of Federal Reserve is to conduct the monetary policy by influencing money and credit conditions.

7 0

3 years ago

Read 2 more answers

LO 2.2Which of the following is not considered a product cost?

Usimov [2.4K]

Answer:

selling expense

Explanation:

The cost which is charged to manufactured a product is known as product cost

Plus product cost is a combination of direct material; direct labor and indirect cost i.e indirect material and indirect cost

In mathematically,

Product cost = Direct materials cost + Direct labor cost + manufacturing overhead cost

The indirect cost is also known as manufacturing overhead cost.

The cost which is charged to manufactured a product is known as product cost

7 0

3 years ago

when a firm with market power produces less than the socially efficient level of output, there would be to society of producing

Hoochie [10]

A company with market power produces much less than the socially efficient level of output, there would be to society of producing one more unit: The boom or lower inside the total production cost if the output of one unit is extended is the marginal cost of manufacturing.

Market power refers to the capacity of a company (or organization of firms) to elevate and preserve a rate above the extent that would be triumphant under opposition and is referred to as market or monopoly energy. The workout of marketplace energy leads to reduced output and a lack of economic welfare.

In economics, market power refers to the potential of a firm to steer the rate at which it sells products or services by means of manipulating either the supply or demand of the services or products to grow monetary profit.

An instance of market power is Apple Inc. within the smartphone marketplace. although Apple cannot absolutely manage the market, its iPhone product has a big amount of market proportion and consumer loyalty, so it has the ability to have an effect on average pricing inside the smartphone marketplace.Monopoly/marketplace electricity. is wherein one vendor dominates the marketplace, can control fees & prevent new competition from entering the market? Externalities. correct or terrible aspect impact of manufacturing or intake which influences folks that aren't directly worried.

Learn more about market power here: brainly.com/question/16180053

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6 0

2 years ago

The common stock of Buffalo Inc. is currently selling at $113 per share. The directors wish to reduce the share price and increa

ruslelena [56]

Answer:

Buffalo Inc.

a. Journal Entry:

No journal entry required except a memorandum to record the split.

b. Journal Entry:

Debit Stock Dividend (Retained Earnings) $84 million

Credit Stock Dividend Distributable $84 million

To record the declaration of a 100% stock dividend.

When issued:

Debit Stock Dividend Distributable $84 million

Credit Common Stock $84 million

To record the issuance of stock dividends.

2. Both methods increase the outstanding number of shares by 100%. However, with a stock split of 2-for-1, there is no journal entry except a memorandum record to state the split.

Secondly, with a stock split or 2-for-1, the market price is also halved. This does not happen with a stock dividend. The market forces will determine and correct the market price to an acceptable level. A stock dividend requires some accounting entries to be made.

Explanation:

a) Data and Calculations:

Current market price of common stock per share = $113

Par value per share = $10

Book value per share = $68

Shares issued and outstanding = 8.40 million

a. The board votes a 2-for-l stock split:

Shares outstanding = 16.80 million shares

Market price = $56.50

Journal Entry:

No journal entry required except a memorandum to record the split. The value of common stock remains the same.

b. The board votes a 100% stock dividend:

Shares outstanding will increase to 16.80 million shares

Market price = $113 and level off based on demand and supply.

Journal Entry:

Stock Dividend (Retained Earnings) $84 million

Common Stock $84 million

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3 years ago