BUSINESS HIGH SCHOOL

Economists use price indices to remove _______ from price measurements.a. costs
c. inflation
b. collateral
d. stagnation

Answers

Answer 1
Answer: The answer is C. Inflation

Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time

It's provided a statistic that is designed to compare the prices while separating the inflation as a factor

Related Questions

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grace period is a period of time before the credit card company starts changing late fees true or false
Refer to Stevenson, Ross, and Warner. Which of the following represents a key component of the Sarbanes-Oxley Act relating to consulting services?
Merrill Lynch : Case study Summary of Case The case profiles the financial crisis at Merrill Lynch at the end of the last decade, which was acquired by Bank of America for $50 billion. B of A received government assistance during the financial crisis from (and was covered by) TARP (the Troubled Asset Relief Program). One initial consequence of TARP coverage was that some employees, including some high-level,high-revenue generating employees began to leave larger financial institutions like Merrill Lynch/Bank of America to go to so-called "boutique" financial services firms, which had not received TARP money and thus were not covered by TARP restrictions on compensation. Another initial reaction was an increase in base pay levels and a decrease in bonus levels, apparently in response to all of the negative publicity bonuses had received and as a way to get around TARP restrictions. Students are expected to analyze the decision of Merrill Lynch to change employee compensation just to get around TARP restrictions on compensation. However, now, that some time has passed, the economy has recovered (somewhat), and the stock market has bounced back, Merrill Lynch and other financial services companies are making money again. At Merrill Lynch, there is always a lot of action and discussion around compensation strategy. Merrill introduced a plan to expand its number of financial advisors by 8 % (about 1,200 people). Where would they come from? Other firms? How would Merrill get them to move? By offering unusually high up-front signing bonuses and decentralizing authority to make such offers. Traditionally, top brokers from other firms can receive 1.5X their pay at the firm they are leaving. Merrill was not the only firm looking to add top brokers. Indeed, what was described as a "bidding war" broke out, and signing bonuses were reported to have gone as high as 3X or 4X previous pay in some cases. Why the bidding war? "Wealth management firms make the bulk of their profits on the top 10 percent of their producers" according to compensation attorney Katten Muchin. And, very wealthy clients tend to be more loyal to their advisors than to the advisors’ firms. At Merrill, there are some concerns among financial advisors. First, in the non-Merrill part of Bank of America, brokers are under a discretionary bonus system rather than an (objective) incentive system where pay is based on a formula. Merrill financial advisors fear that Bank of America wants to extend that system to cover them. Second and likely related, non-Merrill brokers at B of A are expected to cross-sell—in other words, to push products sold by other parts of the bank. The opportunities for such synergies are typically seen as a source of competitive advantage for a large, diversified financial institution such as B of A. However, cross-selling performance (and cooperation) is difficult to assess objectively. Thus, subjective evaluations are likely necessary. Merrill brokers appear to be opposed to cross-selling, both because they are concerned it could undermine their relationships with their clients and because they prefer to have their pay determined by objective measures. 3. Should Bank of America change its compensation strategy to include more subjective assessments of performance and a greater emphasis on cross-selling? What effect might this have on its success in the bidding war for top brokers? 5 Marks

Which method of data collection is most frequently used in i/o psychology?

Answers

I/O psychology stands for Industrial-organizational psychology.  This branch of psychology applies psychological theories and principles to organizations.The father of I/O psychology is Hugo Munsterberg.

The method of data collection that is most frequently used in i/o psychology is survey. Organizational surveys are also known as employee opinion surveys or employee attitude surveys.

"What is the assessment of the external environment? What are the critical issues facing the business? Can the business execute the strategy?" According to Bossidy and Charan, a ______ should address these some of these questions.

Answers

Answer:

Here is one of the problems to be discussed in a "Strong Strategic Plan".

Explanation:

  • Strategic planning includes defining the intent, objectives, and strategies of the company that are being used to achieve the desired objectives.
  • Generally speaking, this strategy seems to be an essential part of the investigation of a corporation, even though careful thought as well as technical skills must be given to either the assignment of designing the plan.

The management at Bellows Inc. is faced with a strike threat from union members over a dispute concerning working hours for employees. The disputing parties approach a neutral third party to ensure that the discussions between them are moving forward. The third party, however, has no formal power over union representatives or over management. Which process is best exemplified in the scenario?

Answers

Answer:

mediation

Explanation:

Based on the scenario being described within the question it can be said that the process that is being exemplified in this scenario is known as mediation. This term refers to bringing in an impartial third party in order to assist two disputing parties towards resolving a specific conflict between them. This third part does not necessarily need to have any formal power but must be impartial in order to provide their unbiased opinion.

Answer:

C) conciliation

Explanation:

When a neutral third party gets involved in a collective bargaining dispute involving unions, it can be either a mediator or conciliator depending on the stage of the negotiations.

In this case, since the problem hasn't escalated yet to a strike or or a lockout, the third party involved is a conciliator. Generally a conciliator is called to help the company and the union to reach an agreement before things get complicated.

If the conciliator is not successful, and things start to get messy, then you have to call a mediator. Which can actually be the same person, but just as a medical examiner is a doctor that looks at dead people while a MD treats living people, a mediator gets involved once the fight starts while the conciliator tries to avoid it.

Gullett Corporation had $30,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additional $79,000 of raw materials. The journal entry to record the purchase of raw materials would include a: Multiple Choice debit to Raw Materials of $109,000 credit to Raw Materials of $79,000 debit to Raw Materials of $79,000 credit to Raw Materials of $109,000

Answers

Answer:

The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..

Explanation:

Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.

If your company has a lot of competitors, what does that do to your demand?A.Makes it less elastic
B.Makes it more elastic
C.Makes it less need-based
D.Makes it more need-based

Answers

The best answer is C. If your company has a lot of competitors, it makes the company less need-based. Having a lot competitors would mean consumers have many choices to choose from. The consumers view on the products or services offered a a need will decrease. Also having a lot of competitors will make the consumers think that the products is easily accessible.

I just took this quiz and the answer is "Makes it more elastic" I hope this helped

Management of Premium Discovery Company is compensated through large salaries, stock options, and bonuses tied to the company's working capital growth. The CEO is constantly holding meetings to ensure that management is on target for increased operating income each month. Based solely on the preceding information, which element of the fraud triangle exists at the Premium Discovery Company?

Answers

Answer:

Incentive/Pressure.

Explanation:

The fraud triangle is a model that describes factors which motivates people to commit fraud. Usually all these factors come into play before a fraud is committed.

The three elements of the fraud triangle are opportunity, pressure or incentive, and rationalisation.

The incentive in the given scenario is the compensation through large salaries, stock options, and bonuses tied to the company's working capital growth provided the management of Premium Discovery company.

This pressure or incentive drives the CEO to hold meetings to ensure management is on track to increase operating income each month.
Other Questions
Bonds can be issued with detachable warrants. When this occurs, how should the cash received at the issuance be accounted for: Multiple Choice All of the proceeds are allocated to the bonds. The proceeds from the bond issue are allocated between the bonds and the warrants on the basis of their relative face values. A nominal amount is allocated to the warrants. The proceeds from the bond issue are allocated between the bonds and the warrants on the basis of their relative market values.
A supervisor who has more than seven people reporting to him or her: select one:a. should regularly report to the incident commander (ic) to inform him or her of the functions that his or her team is performing.b. should assign a specific task to each person reporting to him or her and regularly follow up to ensure that the tasks were carried out.c. has exceeded an effective span of control and should divide tasks and delegate the supervision of some tasks to another person.d. is more beneficial to the overall effort than a supervisor with fewer personnel because his or her team can accomplish more tasks.
Which of the following is TRUE? a. ISO 75000 is the supplier award given to the highest rated supplier in Japan. b. SRM software modules are very affordable (less than $50,000) and can be implemented with a week. c. Performance metrics and personal business relationships are both keys to building successful partnerships. d. The key to successful partnerships is developing performance measures with weights greater than 3.50.
Prompt 1 in his 2015 papal encyclical, laudato si', in which he addresses climate change and our collective responsibility to care for our "common home," pope francis , s.j., observes that, "climate change is a global problem with grave implications: environmental, social, economic, political, and for the distribution of goods." prompt 1 question: much has been written about the environmental implications of climate change, but less about the distribution of goods or the social, economic, and political implications. which one of these less studied aspects of climate change seems to you most worrisome for our "common home," and why?