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maks197457 [2]
2 years ago
6

What is your expectation of this subject industrial psychology

Business
1 answer:
MakcuM [25]2 years ago
6 0

Answer:

Industrial-organizational psychologists use psychological principles and research methods to solve problems in the workplace and improve the quality of life. They study workplace productivity and management and employee working styles. They get a feel for the morale and personality of a company or organization.

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Fill in the blanks: 1. The situation when law of demand is not applicable is known as it's............ 2. When price of one good
Kryger [21]

Answer:

1. The situation when law of demand is not applicable is known as it's EXCEPTION.

2. When price of one good affects to the demand for other good, this situation is known as CROSS ELASTICITY OF DEMAND

3. Demand is the effective desire backed by the ABILITY and WILLINGNESS to buy the product.

Explanation:

Demand is a term that is born out of the human desires , wants or needs.

Demand can be defined or referred to as the amount a consumer is able and willing to pay in other to purchase goods and services that they desire or want.

The Law of demand states that the Quantity of goods and services demanded is inversely proportional to the prices of these goods and services. This means when the prices of goods increase, the quantity demanded decreases and when the prices of goods decreases ,the quantity of goods and services demanded increases.

Elasticity of Demand can be defined as the responses or effects of changes in price of goods and services on changes in the quantity demanded.

We have 4 types of Elasticity of Demand

a) Price Elasticity of Demand: This is when the quantity of goods and services demanded is affected by the change in price.

b) Price Elasticity of Supply: This is when the quantity of goods and services supplied is affected by the change in price.

c) Cross Elasticity of Demand: This is when the price of one good affects to the quantity demanded for other good,

d) Income Elasticity of Demand: This when the quantity of goods and services demanded is affected by the changes in the income of the consumer.

There are situations whereby the law of demand is not applicable and this is referred to as it's exceptions. Those situations are:

a) The type of goods and services.

b) When changes in the price of the goods and services is expected by consumers.

c) Changes that occurs in fashion or styles of a particular product ( This is when a product goes out of fashion or the style becomes outdated)

4 0
3 years ago
On January 1, year 4, Purl Corp. purchased, as a long-term investment, $500,000 face value Shaw, Inc. 8% bonds for $456,200. The
Alla [95]

Answer:

$468,000

Explanation:

Since the bonds will be held to maturity and purchased at a discount, their value will increase as maturity approaches. On December 31, year 5, the bonds should be reported at $468,002 ≈ $468,000

investment balance = $456,200 + $5,620 (difference between interest receivable and interest revenue 2004) +$6,182 (difference between interest receivable and interest revenue 2005) =  $468,002

interest receivable 2004 = $500,000 x 8% = $40,000

interest revenue 2004 = $456,200 x 10% = $45,620

difference 2004 = $45,620 - $40,000 = $5,620

interest receivable 2005 = $500,000 x 8% = $40,000

interest revenue 2005 = ($456,200 + $5,620) x 10% = $46,182

difference 2005 = $46,182 - $40,000 = $6,182

6 0
3 years ago
When you pick up or drop off an application, be prepared for an
allsm [11]

Answer:

When you pick up or drop off an application, be prepared for an interview.

This might help: https://quizlet.com/46996034/unit-31-job-applications-flash-cards/

6 0
3 years ago
Which of these types of reservations do hotels prefer?
Vitek1552 [10]

The answer is <u>C) Advance deposits</u>. I believe.

5 0
3 years ago
Read 2 more answers
Financial managers focus on _____, the inflow and outflow of cash. Group of answer choices cash flows revenue streams sales reve
lesya692 [45]

Financial managers focus on option(a)i.e, cash flow the inflow and outflow of cash.

A payment (in a currency), notably from one central bank account to another, is referred to as a cash flow. the word "cash flow" is typically used to represent payments that are anticipated to occur in the future, are therefore unknown, and require cash flow forecasting;

To assess the liquidity and solvency of the company, organizations should monitor and analyze three different types of cash flow:

  • cash flow from operating operations,
  • cash flow from investing activities,
  • cash flow from financing activities.

Accounting professionals' financial accounts and other data are used by financial managers to make financial decisions. The inflows and outflows of cash are the main focus of financial management. They organize and track the company's financial flows to make sure there is money on hand when it is required.

A financial manager's primary responsibility is to assess an organization's efficiency through effective resource allocation, acquisition, and management. It offers direction for financial planning. It aids in obtaining funding from many sources. It aids in making wise financial investments.

To know more about financial manager refer to: brainly.com/question/28119918

#SPJ1

4 0
1 year ago
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