Question 1 3 out of 3 points Economic profit is defined as the difference between revenue and ____. Answer Selected Answer: total economic cost Correct Answer: total economic cost Question 2 3 out of 3 points The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the performance of the plasma screen makers? Answer Selected Answer: innovation
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Values (value-centered) – Managers (especially in the human services field) need to have a set of values. I feel that if you don’t have values‚ you can’t properly help people. Vision (value-centered) - As it states in Chapter One of our reading this week‚ an effective manager needs to have a vision for their organization or business. If what you have in mind can inspire your entire team‚ you have a true vision. Communication (knowledge-centered) – There is nothing worse than having a manager that
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meeting‚ direction and goals. The vice president will be able to send check in emails at different points during the follow-up on the strategy. “E-mail messages can be quickly written‚ edited and stored” (Robbins & Judge‚ 2011). Due to a one week timeline‚ time spent arranging a face to face meeting would take precious time out of the short deadline. Scenario II To communicate information effectively with the IT department‚ an appropriate channel would be a telephone conversation. The channel
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Week 4 Discussion 1 A company’s debts or obligations are owed within one year. Current liabilities appear on the company’s balance sheet and include short-term debt‚ accounts payable‚ accrued liabilities and other debts. Current liabilities are separated from long-term liabilities on classified balance sheets. (You do not have to prepare a classified balance sheet‚ but it is the norm. Classified balance sheets also separate the current assets from the long-term assets). Knowing which liabilities
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1. Define the decision problem. : The decision problem is that Hurricane Katrina has struck Louisiana now there is no location to have the conference. 2. As part of defining the decision problem‚ the following questions should be addressed: * What is the general nature of the problem? * What event triggered the situation? * Are we imposing any constraints on the situation? * What are the underlying elements of the problem? * Are there dependencies on
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Week 2 Reflection Amanda Parks‚ Jesse Neri‚ Daniel Silva HRM/531 May 26‚2015 David Stocker Week 2 Reflection For this week’s employee compliance plan‚ understanding state and federal laws will help these business owners ensure proper compliance and avoid any legal issues. Discussing laws such as the Civil Right Act of 1964‚ the Age Discrimination in Employment Act of 1967‚ and the Occupational Safety and Health Act ensures businesses take their employees into consideration. These federal
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Reading Reflection ENG125 Instructor Benjamin Daw Jennifer Roberts April 17‚ 2011 Reading Reflection The reader-response appeal to literature relies on the reader’s ability to process the information being shared rather than the author or the text itself. With the reader-response‚ a person reads text and then relates to automatic explanations about life that are triggered moment by moment as they continue to read. The literature uses triggers that the reader’s nervous system spontaneously
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business that helps itself better that the shareholders. d. What should be the primary objective of managers? The corporation’s primary goal is stockholder wealth maximization‚ which translates to maximizing the price of the firm’s common stock. 1. Do firms have any responsibilities to society at large? Yes‚ firms should provide a safe working environment for employees‚ strive to be green‚ and to produce safe products. 2. Is stock private maximization good or bad for society? Stock price
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This pack of HCA 415 Week 1 Discussion Question 1 Historical Contributions of Public Health comprises: Look over the definitions of public health in this week General Questions - General General Questions Historical Contributions of Public Health Look over the definitions of public health in this week’s reading and describe its main features. In your opinion‚ what two features have had the greatest impact on improving health status and quality of life throughout
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career‚ personal cash flow and net worth. The Timmons model bases itself on the premise that Kalin will earn rewards in commensuration with the risk and effort involved in starting or financing the business (e.g.‚ Bygrave & Zacharakis‚ p. 37). 1. Apply the Timmons entrepreneurship framework (entrepreneur-opportunity-resources to analyze this case. Analyze and explain Kalin’s traits and how he gathered resources for his venture. According to the Timmons Model of Entrepreneurship the three critical
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