Answer:
A) market basket analysis.
Explanation:
Based on the information provided within the question it seems that the technique that HairCare is using in order to cross-sell its products is called Market Basket Analysis. This is a technique used with the belief that if an individual buys a certain product they are more likely to buy another set of specific products that are gathered from data of other people who have purchased the product alongside other items. Like HairCare is doing by having a "Customers Who Bought This Item Also Bought" section.
Answer:
The correct answer is number (1): True.
Explanation:
Due diligence refers to the exercise an individual is subject to after entering a contract with another party by which a certain standard of care is expected from the individual.
The United States Sentencing Commission is the governmental agency in charge of reviewing sentences discrepancies and promoting fair sentencing.
In front of ethical issues within a firm, the U.S. Sentencing Commission states that the company must have disseminated a code of conduct so that the filing company can allege a violation of the due diligence employees are subject to.
Answer: Compliance
Explanation:
The compliance is the term which is used to refers to the process in which the organization and the employees follow the regulation, ethical culture and the laws according to the specific rules of the company.
The following are some example of the compliance are as follows:
According to the given scenario, the developing various types of ethical culture in an organization then it has to be a compliance element. Therefore, Compliance is the correct answer.
B. Hire workers with more experience.
C. Replace some workers with machines.
D. Stop wage discrimination.
Answer:
1. False 2. True
Explanation:
1. The candidate for political office announcing that the policy to reduce immigration from abroad which, he says, economics clearly demonstrates will lead to higher output in the long run; is false.
What increases output are the factors of production of which labor is a major component. When there are more people willing and able to work in an economy, they help companies to produce more output but that is not the case when immigration is reduced, obviously that would reduce productivity and output.
2. However his second claim is right, that making trade more open between the US and other countries will increase output on the long run.
Trade barriers like tariffs and duties impede the level of trade between countries which could either reduce the amount of money countries make after netting off custom duties or the price of imported goods are increased by the effect of tariffs. Increased price means reduced demand
Hence if tariffs are replaced with subsidies in open trade, prices of U.S imported goods will fall and demand will increase.
Answer:
B) 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
Explanation:
Full question
A candidate for political office announces the following policies which, he says, economics clearly demonstrates will lead to higher output in the long run: 1. increase immigration from abroad 2 make trade more open between the US and other countries. A) 1 and 2 both shift long-run aggregate supply left
B) 1 shifts long-run aggregate supply left, 2 shifts long-run aggregate supply right
C) 1 and 2 both shift long-run aggregate supply right.
D) 1 shifts long-run aggregate supply right, 2 shifts long-run aggregate supply left.
Aggregate supply, is the total supply of goods and services produced within an economy at a particular period and a specific price. It is also known as total output The increase in immigration from abroad will not increase aggregate supply or the total output thereby shifting the aggregate supply left meaning a decrease. Making trade more open between the US and other countries will increase the total output in the long run therby shifting the aggregate supply right meaning an increase in the total supply of goods and services produced in a particular period.
Answer:
"Carry Trade", is the right answer.
Explanation:
Laura is engaged in "Carry Trade" because the carry trade refers to the process to borrow from the country where the interest rate is lower and deposit the borrowed money in other countries in which the person earns more interest. Therefore, the process for borrowings and deposits from low and high-interest rates respectively is called the carry trade.
b. promotes general economic well-being, whereas a monopoly market may not be in the best interests of society
c. and a monopoly market are equally likely to promote general economic well-being
d. is less likely to promote general economic well-being than a monopoly market
Answer:
a. may not be in the best interests of society, whereas a monopoly market promotes general economic well-being
Explanation:
In a perfectly competitive market, there are many buyers and sellers who have no control over the price. This leads to a situation where market forces determine the price and quantity of goods or services. Perfect competition promotes general economic well-being as it ensures efficient allocation of resources, encourages innovation, and provides consumers with a wide range of choices.
On the other hand, a monopoly market is characterized by a single seller who has significant control over the price and supply of a product or service. This lack of competition can result in the monopolist charging higher prices and restricting output, which can be detrimental to consumers and society as a whole.
Therefore, while a perfectly competitive market promotes general economic well-being, a monopoly market may not be in the best interests of society.
A perfectly competitive market typically promotes economic well-being, offering consumer choices, innovation and lower prices due to competition. On the other hand, a monopoly can reduce consumer choice and inhibit innovation, potentially being less beneficial for society.
The correct option is b. promotes general economic well-being, whereas a monopoly market may not be in the best interests of society. In a perfectly competitive market, firms compete with each other selling similar products, leading to lower prices and better quality for the consumers, which in turn promotes economic well-being. In contrast, a monopoly, where a single entity controls an entire market, may charge consumers higher prices and not strive for innovation or increased efficiency, sometimes making it less beneficial for the society.
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