BUSINESS HIGH SCHOOL

What will happen in the gasoline market now if buyers expect higher gasoline prices in the near future?A) The supply of gasoline will increase.
B) The demand for gasoline will decrease.
C) the demand for gasoline will be ineffected.
D) the demand for gasoline will increase.

Answers

Answer 1
Answer: D.) i had it right on my test

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Jim is researching different sources to fund his college education. Jim is torn between a federal loan and a private loan. With his parents as co-signers, Jim can receive a lot more money from a bank than he will from a federal loan. Which loan should Jim choose and why?Select the best answer from the choices provided. A. Jim should choose the federal loan since he will not have to pay interest if he attends a public university. B. Jim should choose the federal loan since he may qualify for lower interest rates. C. Jim should choose the private loan since his parents will not have to repay the loan. D. Jim should choose the private loan since he will not have to pay interest if he attends a private college.

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.

Companies can encourage hard work and dedication from their employees

Answers

Answer: True

It is true that the level of the motivation of employees in reporting to work everyday is greatly affected by the acknowledgment and encouragement  that comes from the company's administrators. A good employer brings out the best in an employee. 

Joanie takes a $6000 loan to pay for her car. The annual interest rate on the loan is $12%. She makes no payments for 4 years, but has to pay back all the money she owes at the end of 4 years. How much more money will she owe if the interest compounds quarterly than if the interest compounds annually?

Answers

Answer:

The amount due under quarterly compounding is higher by =$ 187.12

Explanation:

To determine the amount  money  by which the quarterly compunding is greater, we would compare the total sum due under the two compounding options.

This is done below:

Quarterly compounding

FV = A × (1+r)^n

PV - principal  amount owed = 6,000

r- quarterly interest rate = 12%/4 = 3% per three month

n - number of quarters in 4 years = 4× 4 = 16

Loan amount due with interest after 4 years

= 6,000× (1.03)^(48) = 9628.23

Annual compounding

PV - principal  amount owed = 6,000

r- annual interest rate = 12% =

n - number of  years = 4  

Loan amount due =6,000× (1.12)^(4) =  9,441.12

The amount due under quarterly compounding is higher by

= 9628.23 - 9,441.12

=$ 187.12

A business chooses to build army tanks rather than butter-making machines, bread machines, or candy vending machines. What are these other alternatives called?opportunity cost

trade-off

scarcity.

none of the above

Answers

The right answer for the question that is being asked and shown above is that: "opportunity cost."A business chooses to build army tanks rather than butter-making machines, bread machines, or candy vending machines. These other alternatives are called opportunity cost
Trade-offs! Just took the test!

Leaders who have avid and dedicated followers are said to have which of the following?

Answers

Authority and legitimacy are only two of the most necessary skills a leader must possess in order for him/her to be able to guide and direct his/her followers. It is believed that leaders who got avid and dedicated followers are those that have authority and legitimacy.

Making formal statements, holding rites and rituals, utilizing employee training and coaching, demonstrating how a leader reacts to a crises, being a role model, and giving rewards, promotions, and bonuses are some of the teaching methods that organizations can utilize to ____.

Answers

Answer:

Effect corporate change.

Explanation:

Making formal statements, holding rites and rituals, utilizing employee training and coaching, demonstrating how a leader reacts to a crises, being a role model, and giving rewards, promotions, and bonuses are some of the teaching methods that organizations can utilize to Effect corporate change.

Corporate change: It is a process under which company identity shifted or not survived in the case of merger, consolidation or restructuring. Company leadership also changes to keep up the change in corporate, there is shift of the culture of company for match industrial environment.
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