__________ is the decision on the part of top management to reduce its workforce to cut costs, increase profits, andenhance stock values.
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__________ is the decision on the part of top management to reduce its workforce to cut costs, increase profits, and
enhance stock values.
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- Solve for me All please. True and false No explanation needAdverse selection and moral hazard are two important concepts we learned in class. (1) Give two specific examples on how to combat adverse selection in an insurance market. (6 points) (2) Briefly explain what is “signaling” (from an economist’s view) and how it may reduce adverse selection. (3 points) (3) Give two specific examples, one on moral hazard related to an insurance market, one on moral hazard not related to insurance markets. (6 points)The three organizational levels are: a. Corporate level, business unit level, functional level b. Corporate strategy level, business level, specialist level c. Corporate strategy level, business unit level, functional level d. Corporate level, business level, functional level
- Budgets are useful in our personal as well as our professional lives. How do you believe having a budget can help you make good decisions? For example, if you budgeted $500 a month for groceries but spent $900, what impact might that have on your other bills or discretionary spending for the next month? Although the level of complexity is greater for organizations than it is for most individuals, their circumstances and potential consequences are also similar to the individual. With these thoughts in mind, respond to the following: What are some benefits that you have experienced or believe that you could experience through utilizing budgeting techniques for your personal life? What do you think is the greatest benefit of budgeting for an organization? What consequences might the organization face by failing to budget? Also, in what ways could focusing too much on a budget create issues for an organization?Due to Covid-19 many organizations worked hard to continue serving the same clients by offering the same product or service, maintaining market share, and sustaining the organization's current business operations, these organizations followed a ________ strategy. stability turnaround renewal growth retrenchmentTrue or False: 1. All points inside a consumer's budget line are unaffordable. 2. The principal of diminishing marginal utility means that as consumption of a good increases, total utility increases but at a decreasing rate. 3. A household is maximizing utility if the marginal utility is equal for all goods and all its income is spent. 4. If the marginal utilities from consuming two goods are not equal, the consumer cannot be in equilibrium. 5. If the marginal utility per dollar spent on good X exceeds the marginal utility per dollar spent on good Y, total utility will increase by increasing the consumption of X and decreasing consumption of Y. When the price of good X rises, the marginal utility from the consumption of X decreases. 6. 7. When income decreases, the marginal utility derived from a good will always increase. 8. A demand curve describes the quantity demanded at each price when marginal utility is maximized.
- 1. Reduced division of labor is one of the most important changes that occur as societies move from a primitive economy toward higher levels of economic development Select one : True False 2. Value is a function of extrinsic features related to the environment . Select one True FalseThis type of start up prioritizes longevity instead of scalability. Select one: a. Large company b. Social entrepreneurship c. Small business d. Buyable In this type of creative problem solving, criticism is allowed and based on finding fault by asking the question "In how many ways can this idea fail?" Select one: a. Brainwriting b. Brainstorming c. Reverse Brainstorming d. Gordon Method6. Financial incentives tied to output are more likely to increase firm profits A. when workers' output is influenced by demand shocks over which work- ers have no control. B. when workers are less risk averse C. when workers perform other tasks (like service) and don't just focus on increasing output D. when replacing workers who perform poorly is easier 7. Markets are generally efficient (maximize producer surnlu plus consumer sur- plus), so economists argue the role of government in markets is limited to objec- tives other than efficiency (such as reducing inequality) and addressing market failures (or market imperfections). Some market imperfections can also be mit- igated by firms. Which of the following is not an example of how governments or firms mitigate market failures (or market imperfections)? A. governments make vaccines available to consumers at below cost prices. B. regulatory agencies require manufacturers to install equipment that reduces smokestack emissions. C. firms…
