Answers

LL

Answered

If your total revenue is $10 million,your variable costs are $8 million,and your fixed costs are $20 million,in the short run you will

A) operate.
B) shut down.
C) go out of business.

On Jul 12, 2024


A
LL

Answered

Melissa's home is located in small and quiet neighborhood that has been declared a residential area by the local zoning ordinances.She wants to convert her patio into a small bakery for her neighbors who have often expressed their admiration for her baking skills.Does Melissa have any solution?

A) Yes,she can take permission for a variance.
B) Yes,she can try for an amendment.
C) No,she cannot go against a zoning ordinance.
D) No,a residential zone can never be used for commercial purposes.

On Jul 11, 2024


A
LL

Answered

The "yield curve":

A) always has a positive slope.
B) shows the relationship between default risk and the return on securities.
C) has constant slope and height over time.
D) a and b
E) None of the above

On Jun 12, 2024


E
LL

Answered

Internet research tools fall into two categories: search tools and ________.

A) search engines
B) multipurpose tools
C) monitoring tools
D) optimization tools

On Jun 11, 2024


C
LL

Answered

Refer to Table 12-6. In this economy Tax C exhibits

A) horizontal and vertical equity.
B) horizontal equity but not vertical equity.
C) vertical equity but not horizontal equity.
D) neither horizontal nor vertical equity.

On May 13, 2024


C
LL

Answered

Clifford Inc., a global media firm, has been experiencing a steady reduction in its global market share. It is found that the company's management and administrative positions are occupied by members of the majority community, which is may be hindering the creative growth of the company. If you were a senior advisor to the top management of the company, what would you suggest to bring about a positive improvement in the firm?

On May 12, 2024


The company is losing creative advantage by not having heterogeneity in its work force. Heterogeneity in the work force may offer the company a creativity advantage, as well as improve its problem-solving and decision-making capability. Creative solutions to problems are more likely to be reached when a diverse group attacks a problem. Hence, diversity and inclusion are the key drivers of creativity, innovation, and invention. Similar to the creativity advantage, cultural diversity can enhance team performance, often because diverse backgrounds are associated with diverse information, knowledge, and perspectives that can be used to solve problems.
It is equally important to emphasize that global leadership skills are important to improve a company's reputation and contribute to a sustainable competitive advantage. Excellent global leaders have a leadership style that generates superior corporate performance in terms of four criteria: (1) profitability and productivity, (2) continuity and efficiency, (3) commitment and morale, and (4) adaptability and innovation. Behavioral complexity is the term given to this ability to attain all four criteria of organizational performance. Excellent global leaders are able to understand complex issues from the four perspectives just mentioned and to achieve the right balance. For example, when a company is facing a mature market, it might be necessary to invest more effort into being innovative than into achieving high profits.