Answers

MG

Answered

Structural unemployment results when wages are, for some reason, set above the level that brings supply and demand into equilibrium.

On Jul 12, 2024


True
MG

Answered

The following describes a long-run exposure of exchange rate risk. Your firm has subsidiaries throughout the world. Due to the recent depreciation of the dollar against most foreign currencies, the dollar value of your foreign sales has declined as reflected on the parent's financial statements, even though sales growth is strong.

On Jul 08, 2024


False
MG

Answered

Fixed costs per unit decrease proportionately with increases in volume of activity.

On Jun 12, 2024


True
MG

Answered

Describe the unfreezing stage of the Lewin change model.

On Jun 08, 2024


On the individual level, the unfreezing could involve promoting employees or letting them go, preparing them for change, or convincing them of the need for a change. On the structural level, redesigning the organization could be the focus of the change effort. On the climate level, the company could create a new open-door policy or begin a data-based feedback system showing how employees are reacting to the proposed changes. In the unfreezing process, fear in some form is nearly always one of the major obstacles.
MG

Answered

Total variable costs change in proportion to changes in volume of activity.

On May 13, 2024


True
MG

Answered

Resellers differ from producers in that resellers significantly alter the form of goods before selling them.

On May 09, 2024


False