The factory foreman's strategy for seeking out evidence to support his belief that older workers are lazy best illustrates confirmation bias.
What is confirmation bias?Confirmation bias is a type of emotional bias where a person seeks out only information that confirms to previously held beliefs. The factory foreman is only seeking for evidence that the older workers are lazy. Thus, he is displaying confirmation bias.
Confirmation bias can be resolved by actively seeking information that does not go in line with previously held beliefs.
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Athletic Elite Inc. has 20,000 shares outstanding and nine directors. Its articles provide for cumulative voting.
1. What number constitutes a quorum of shareholders?
The answer to this question is for the quorum of shareholders at least 10001 shares must be represented. Why 10001 shares must be represented?
2. Assume that the corporation is holding a meeting to vote on a merger. How many votes will Miguel have? The answer is if the corporation is holding a meeting to vote on a merger Miguel will have 500 votes.
Why will Miguel have 500 votes instead of 1000?
The number that constitutes a quorum of shareholders is two. These two shareholders are allowed to be present in person or in proxy.
Why 10001 shares must be represented?10,001 shareholders must be represented because, in order for a decision to be made at the shareholder's meeting, at least 51% of the total number of shares or the group or persons holding over 50% of the share must vote in that direction. 10,001 represents over 50% of 20,000 shares.
Please note that there is insufficient information from the question to answer questions relating to Miguel.
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Be You-tiful Co. , a large cosmetics and skincare company, decided to sell its hair care division because it isn't as profitable as its other divisions. This will allow the company to focus its efforts and funds on becoming a prominent competitor in the beauty industry. What type of plan is this?
The type of plan involved when You-tiful Co, decided to sell its hair care division for lack of profitability in comparison to other divisions is B) Divestiture.
What is divestiture or divestment?Divestiture or divestment is a business strategy that involves the selling of some unprofitable divisions of a company to maximize its value.
The type of plan involved in the scenario is not a joint venture, concentric diversification, liquidation, or horizontal integration.
Answer Options:A) Joint venture
B) Divestiture
C) Concentric diversification
D) Liquidation
E) Horizontal integration
Thus, the type of plan involved when You-tiful Co, decided to sell its hair care division for lack of profitability in comparison to other divisions is B) Divestiture.
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A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, The correct journal entry to record the purchase on July 5 is: _____________
a) Debit Accounts Payable $1,800; credit Purchase Returns $200; credit Merchandise Inventory $1,600.
b) Debit Accounts Payable $1,800; credit Merchandise Inventory $1,800.
c) Debit Merchandise Inventory $1,800; credit Accounts Payable $1,800.
d) Debit Merchandise Inventory $1,800; credit Sales Returns $200; credit Cash $1,600.
e) Debit Merchandise Inventory $1,600; credit Cash $1,600.
Based on the purchase details by the company, the correct journal entry to record the purchase on July 5 is c) Debit Merchandise Inventory $1,800; credit Accounts Payable $1,800.
Why is this the correct journal entry?On July 5, the amount that was purchased was still $1,800. Nothing had been returned yet. The amount that will be debited to Merchandising as an asset will therefore be $1,800.
The Accounts Payable account will be credited the same amount to reflect that the company owes money for the purchase.
In conclusion, option C is correct.
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As CEO of his company, Bill works with a team of executives to make decisions pertaining to the organization's mission, overall strategy, and structure. These decisions are part of the organization's _______ plan.
These decisions are part of the organization's Corporate-level plan.
What is Corporate-level plan?Corporate-level plan can be defined as a plan which are use by top management or executive of a company in order to achieve their set goals and objective.
Corporate-level plan is important as it help company during the decision making process and it as well enables company to review their strategy plan so as to determine their goals.
Inconclusion these decisions are part of the organization's Corporate-level plan.
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The Blank______ department can be considered an investment into a company's future, in which scientists work to solve problems and develop new ideas. Multiple choice question. diversification research and development mergers and acquisitions research and innovation
Answer:research and development
Explanation:
Salaried executives, administrative, and professional employees are exempt from over time rules as outlined in the _____.
The administrative, and professional employees are exempt from the rules in Fair Labor Standard Acts of 1938.
What is Fair Labor Act?It should be noted that the Fair Labor Act simply means an act that was passed to ensure fair practices in organizations.
In this case, the administrative, and professional employees are exempt from the rules in Fair Labor Standard Acts of 1938.
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Blue Spruce Corp. Has the following inventory data: July 1 Beginning inventory 126 units at $19 $2394 7 Purchases 441 units at $20 8820 22 Purchases 63 units at $22 1386 $12600 A physical count of merchandise inventory on July 30 reveals that there are 210 units on hand. Using the average cost method, the value of ending inventory is $4074. $4,326. $4,269. $4,200
The value of ending inventory using the average cost method is $4,200.
What is the ending inventory?In order to determine the ending inventory using the average cost method, the total cost of inventory would be divided by the total inventory bought. The average price would be multiplied by the ending inventory.
Average cost = $12,600 / (126 + 441 + 63) = $20
Ending inventory = $20 x 210 = $4,200
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All of the following are examples of the food and beverage industry
except
-school cafeteria
-McDonald's inside a Walmart
-restaurant inside a shopping mall
-travel agency
Answer:
-travel agency
Explanation:
The food and beverage industry is made up of establishments whose core business is preparing meals, snacks, and beverages as per customers' orders for immediate consumption in or off the premises. A school cafeteria, McDonald's inside a Walmart, and restaurant inside a shopping mall will fit into the food and beverage industry's definition.
A travel agency is best placed in the tours and travels industry.
Suppose at the current price, the price elasticity of demand for a campus film series is 1.5. If administrators cut the price, total revenue will
If administrators cut the price of the campus film, total revenue will increase.
What is the price elasticity of demand?
The price elasticity of demand measures the percentage change in quantity demanded as a ratio of the percentage change in price.
If the price elasticity of demand is greater the one, it means that demand is elastic. This means that when prices are reduced, revenue would increase as the quantity demanded would increase.
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Regional _____ integration creates agreements among countries in a specific geographic area in order to reduce and eventually remove tariff and nontariff barriers to the free flow of goods.
It should be noted that Regional Economic Integration creates agreements among countries in a specific geographic area.
What is Regional Economic Integration?Regional Economic Integrations serves as agreement between groups of countries in a geographic region to reduce and remove tariff and nontariff barriers on goods.
It helps to remove barrier from factors of production between each other.
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Margita has an employee who is struggling with meeting quotas and attendance. You offer her advice by telling her to not use the ________ as it will not provide guidance on improving employee behavior.
The attribute approach won't not provide guidance on improving employee behavior.
What is employee behavior?It should be noted that employee behavior simply means the traits that are showed by employees at work.
In this case, Margita has an employee who is struggling with meeting quotas and attendance. Therefore, the advice is that the attribute approach won't not provide guidance on improving employee behavior.
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Terrel is designing and maintaining a web page for a local company. In which career pathways would Terrel be involved? Programming and Software Development, and Network Systems Network Systems and Interactive Media Information Support and Services, and Programming and Software Development Interactive Media, and Information Support and Services.
Terrel must be involved in Programming and Software Development career pathways, and Information Support and Services,
What is a career pathway?A Career Pathway is defined as the set of intentional and related or planned education programs and supportive services.
A career pathway is an institution of a workforce that operates a sequence of structured knowledge to accomplish various accomplishments' or skills.
This allows experimenters to move complete time to get more useful at their career and more increased education levels while always working.
In the given, case, Terrel involves the understanding of Programming and software development to be capable to develop and support a web page for the local company.
Therefore, options A and C are correct.
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Answer:
C
Explanation: e d g 2022
What is the Brain Drain Phenomenon and how does it impact developed and developing nations?.
Brain drain is the emigration of people who are favorably proficient or competent in their domain of study.
What is the brain drain phenomenon?Brain drain is defined as the emigration of people who are positively experienced or trained in their occupation of investigation.
The avoidance of these groups of experienced professionals may be due to adequate living situations or higher salary.
The effects of Brain drain on producing countries are countless, but it is better on the opposing side.
The phenomenon has generated a baneful influence on developing countries, mainly in Africa.
As these qualified individuals travel to developed countries, they become more affluent and the developing countries become more deficient.
In emerging countries, this has resulted in a lack of innovation and industrial progress, as well as economic instability, which leads to unemployment, political instability, a loss of education investment, tax income, and a shortage of trained personnel.
Therefore, the brain drain phenomenon impacted the economy in a very negative way.
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One disadvantage of advertising is that it Question 19 options: A) provides entertainment. B) encourages impulse buying. C) stimulates competition. D) saves time.
Answer:
encourages impulse buying
Answer:
b Encourages impulse buying
Explanation:
advertisements are to catch the peoples eyes and make the consumer think they really need that item
Every year the hospitality and tourism industry spends less and less on sales promotion.
O False
O True
Answer:
false
Explanation:
In MS Word, which items are you able to format?
(What types of things do/can we format?)
A: Text
B: Table
C: Menu
D: Both A & B
Answer:
Explanation:
both A & B
Question 3 (3 points)
Advertising the product or service is a part of the
function. Choose the
answer.
promotion
distribution
information management
O pricing
Answer:
promotion
Explanation:
its broadcasting the product getting customers
a company reported a gross profit percentage of 20% with net sales of $347,800. What is the amount of cost of goods sold
Based on the information given the amount of the cost of goods sold is:$278,240.
Cost of goods soldUsing this formula
Cost of goods sold=(1-Gross profit percentage)×Net sales
Let plug in the formula
Cost of goods =(1-.20)×$347,800
Cost of goods sold=.80×$347,800
Cost of goods sold=$278,240
Inconclusion the amount of the cost of goods sold is:$278,240.
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Suppose you are employed and about to enrolled in philhealth. How will you evaluate reliability? What questions will you ask the compony?
Answer:
1. I will evaluate reliability by;
a. asking about the packages they offer
b. checking how long they have been in the business
c. interviewing other users to know how promptly they keep to processing claims
2. Questions I would ask the company include;
1. How competitive are you in the insurance industry?
2. What is your solvency like?
3. How capable are you to handle risks?
Explanation:
Philhealth is a national health insurance company in the Philippines that is meant to care for the insurance needs of people in the Philippines. They cater to several cadres of people which include;
the formal groupthe indigentsthe sponsored membersthe lifetime membersthe senior citizensand the informal economy.When an employer is offered health insurance under this platform, he would have to make the appropriate findings and ask the necessary questions such as the ones above before he becomes a client of the company.
Philhealth is an acronyms of Philippine Health Insurance Corporation
The Insurance co-operation provides service of Health Insurance which provides payment or reimbursement for one's health care costs as a result of surgeries, illness which makes one unable to work.I will evaluate the reliability of Philhealth by checking its review online and its financial record for the last year ended to asses its ability to afford compensation.
In conclusion, in the process of undertaking my Health Insurance policy, i will ask about the process to go through if any claim for heath insurance arises.
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Which term means that you receive a fixed amount of pay for a job on a weekly, bi-weekly, or monthly basis?
OA minimum wage
OB salary
Covertime
Answer:
salary
Explanation:
Salary is monetary compensation given to employees for work done at the end of a regular period. It is the periodic payment from employers to employees for services provided as per the employment contract. Salary is usually a fixed amount paid either weekly, biweekly, or monthly.
A salary is pegged to the passage of a specified duration of time. The employee receives the stated amount regardless of the level of productivity. Salary is in contrast to piece-rate wages, where an employee is compensated depending on their output.
Answer:
Explanation:
For all Plato users
To explain the long-run determinants of the price level and the inflation rate, most economists today rely on the.
Answer:
Economists believe inflation comes about when the supply of money is greater than the demand for money. Inflation is viewed as a positive when it helps boost consumer demand and consumption, driving economic growth.
What happens in a perfectly competitive industry when economic profit is greater than zero?.
New firms may enter the industry when economic profit is greater than zero.
What happens when economic profits equal zero?An enterprise could be in a kingdom of normal income whilst its financial profit is identical to zero, that's why regular earnings are also called “zero monetary earnings.” Normal earnings take place on the factor where all resources are being successfully used and could not be positioned to higher use someplace else.
Profit equals overall sales minus the overall fee. General value includes all of the opportunity costs of the firm. in the 0-earnings equilibrium, the firm's revenue compensates the owners for the time and money they deplete to maintain the commercial enterprise going.
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The majority of women in the workforce work in technical, sales, and administrative support. please select the best answer from the choices provided t f
The majority and most of the women in the workforce work in Sales, technical, and administrative support is correct.
Why are women majorly working in these departments?Technical, sales and administrative support are where women are mostly placed and it is a reason that they are very empathetic and good with human relations.
Therefore, it is a true statement.
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Amazon's continued focus on ______ is a key to its ongoing success. Multiple choice question. innovation specific target markets employee perks shareholder profits
Amazon, an American multinational technology company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence, has used its innovation as a key to its ongoing business success.
What is innovation?Innovation involves the introduction of new ideas and improvements to ensure more favorable business outcomes.
Amazon does not rely on specific target markets, employee perks, or shareholder profits to achieve business success.
Thus, Amazon has continued to focus on its innovation as a key to its ongoing business success.
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In which type of organizational structure is decision making made at the lowest level of the organization
Answer:
chain of command
Explanation:
The chain of command organizational structure simplifies decision-making. Employees at the lowest level of the company hierarchy complete the tasks assigned to them for that day.
The lowest level of the organization's hierarchy is where decisions are made in a chain of command organizational structure.
The authority-based ranking of members is known as organizational hierarchy. It alludes to the positions that range from entry-level workers to senior managers or executives.
Organizational hierarchies typically have several levels, with higher positions held by people with more power. A hierarchical organization or hierarchical organization is a type of organizational structure where all but one of the entities are subordinate to one another.
This set up resembles a hierarchy. In an organization, the power structure typically consists of one or more individuals or groups at the top, followed by command lower levels of power.
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Match the correct answer - Includes coordinating people and other resources to carry out the project plans - Include formalizing acceptance of the project or phase and bring it to an orderly end - Include actions to begin or end projects and project phases - Include devising and maintaing a workable scheme to ensure that the project meets its scope, time, and cost goals as well as organizational needs - Not a process group - Measure progress toward achieving project goals A. Communicating B. Monitoring and Controlling C. Planning D. Initiating E. Executing F. Closing
Management is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling.
Management conceptsManagement is a discipline that consists of a set of five general functions: planning, organizing, staffing, leading and controlling.
These functions are crucial for managers to be successful in their roles.
Coordinating people and other resources to carry out the project plans is known as Communicating
The formalizing acceptance of the project or phase and bringing it to an orderly end is Closing
The action to begin or end projects and project phases is Initiating while the devising and maintaining of a workable scheme to ensure that the project meets its scope, time, and cost goals, as well as organizational needs, is Planning
The process of measuring progress toward achieving project goals is Monitoring and Controlling
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Limitations of self-imposed budgeting include ______.
At Newton Manufacturing, workers are encouraged to find their own solutions to problems and to implement their solutions when practical. They work with little supervision because management feels they are committed and creative workers. Newton's policy reflects a __________ attitude about workers.
The policy that Newton Manufacturing has reflects a theory Y attitude about workers.
What is a theory Y attitude about workers?This is the participatory theory of management that exists in organizations. It is one where the manager would feel like the workers are reliant and motivated enough to find their way.
This is shown here because the workers are encouraged to find their way through issues themselves.
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The American system of democracy would be in serious trouble without ______. a. print media b. a monopoly on news media c. the reporting of skilled journalists d. media aggregators
The American system of democracy would be in serious trouble without
The reporting of skilled journalistsWhat is Democracy?This is simply a system of government that is based on the principle of representative government where the people are represented in government.
With this in mind, we can see that skilled journalists are responsible for holding the American leaders responsible to the people by making reports of their actions and inactions and without this, democracy would be in serious trouble.
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What does purchasing insurance for a business reveal about the business owner’s attitude toward financial risk?
Answer:
It reveals that the owner is completely aware about financial risk and wants to take precautions to ensure the success of his company.