This is for the Globalization Trend Quick Check. (Economics B, Lighthouse Connections)
1) Which of the following correctly describes globalization?(1 point)
A) Globalization is the increase in income inequality within developed countries.
B) Globalization is the process of decreasing per-unit costs with increasing production.
C) Globalization is the process of integration among individuals, businesses, and governments.
D) Globalization is the increase in the value of knowledge and information within an economy.

2) Which of the following is an example of economies of scale?(1 point)
A) A business increases its production of widgets, and the cost of producing each widget decreases.
B) A business increases its production of widgets, and the total cost of production decreases.
C) A business decreases its production of widgets, and the total cost of production decreases.
D) A business decreases its production of widgets, and the cost of producing each widget decreases.

3) Which of the following explains why many small businesses struggle to compete with larger firms?(1 point)
A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.
B) Small businesses are unable to specialize to the degree that larger firms are able to.
C) Small businesses are unable to provide the kinds of products that consumers want.
D) Small businesses are unable to sell their goods at the higher prices set by larger firms.

4) Which of the following is true of a market economy?(1 point)

A) There are no forms of government control or intervention.
B) It inhibits the influence of free trade and exchange on the free market.
C) There are no countries in the world currently transitioning to a market economy.
D) It opens the country's markets to international importing and exporting.

5) Which of the following is true of the economic transition process from a command economy to a market economy?(1 point)
A) The nation changes its fundamental economic organization and begins to minimize the amount of entirely new free market institutions.
B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.
C) Individuals and institutions rely more and more on the instruction of and distribution by other people and organizations.
D) The country's markets become less open to international importing and exporting.

Answers

Answer 1

Based on the trends of globalization, the following are true:

C) Globalization is the process of integration among individuals, businesses, and governments.A) A business increases its production of widgets, and the cost of producing each widget decreases.A)Small businesses are unable to offer the same variety of products that larger firms are able to produce.A) There are no forms of government control or intervention.B) The nation will attempt to stabilize its economy by establishing various monetary and fiscal policies, reducing market volatility and stimulating economic growth.

What does globalization mean?

Globalization refers to the tendency of the world to become increasingly integrated across borders.

This means that individuals, businesses and governments, begin to work together more often in order to increase production and market reach.

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Related Questions

Completely controlling a business and keeping all the profits are advantages of a _____; raising capital by selling shares and limited liability are advantages of a _____.

Answers

Completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

What differentiates a Sole Proprietorship from a Corporation?

A sole proprietorship can be differentiated from a corporation based on a separate existence.

While a corporation has a separate legal existence, a sole proprietorship is not a legal entity different from the owner.

Thus, completely controlling a business and keeping all the profits are advantages of a Sole Proprietorship; raising capital by selling shares and limited liability are advantages of a corporation.

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(PLEASE ANSWER FAST) (20 POINTS)
Part of the reason you want to narrow down your focus is so that you don’t spend too much time gathering __________ that might not help you in the long run.

A. clothes
B. credits
C. friends
D. skills

Answers

Part of the reason why someone would want to narrow down their focus is so that they don't waste time accumulating clothes that won't aid them in the long run.

What is the period of long run?

The period of long run is basically not defined anywhere, because the period of long run is fully depend upon the organistions and the types of it. It is normally the period above the operating cycle.

Part of the reason for narrowing one's focus is so that they don't waste time accumulating clothes that won't help them in the long run.

Credits are treated as help in the long run because a person get money at present to do work and earn from that work, whereas the friends and the skills help the people in the lifetime.

Therefore, option A is correct.

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Elena is volunteering at a nonprofit organization. She notices that there doesn’t seem to be any network security at the office. Her supervisor says, “We don’t need to worry about that. We’re a small organization.” What arguments can Elena make about the need for network security?

Answers

Network protection is vital to each domestic and enterprise network. Therefore, Whether it is a small organization or a big organization, Network Security is important.

What is the requirement for network security?

Many houses with high-velocity net connections have one or extra wi-fi routers, which may be used if now no longer nicely protected. A strong community protection machine allows lessening the chance of statistics loss, robbery, and vandalism.

hence, in this way, Elena can make her superiors realize the need for network security.

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When deciding where and how many ads to run in the digital age, what do advertisers have to consider most?
oa. customer fatigue with commercials
ob.
dilution of the brand across commercials
oc.
poor economy of scale in advertising
o d.
lack of interest in products

Answers

While deciding about where and how many ads needed to be run through digital advertising, the advertisers must consider the customer fatigue associated with their commercials.

Option A is the correct answer.

Who is a customer?

A customer is an individual who acquires a product from the market through an ad telecasted on electronic devices.

Customer fatigue arises when the customers are losing interest in the advertisements of the company as the ads repetitively come on every digital device. it is important for the advertisers to decide on which medium they are required to advertise their ads and how many ads needed to be advertised so that the interest of the public cannot lose over it.

Therefore, customer fatigue needs to be considered when making a decision about where and how many ads need to advertise.

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Carlos wrote a check for $44.92 to pay his gas bill. he’ll use the check register to record his transaction. what will be his new balance?

Answers

His new balance after the check is deducted will be $370.09

How to determine his new balance?

From the complete question, we have the following parameters:

Initial Balance = $415.01 Check amount = $44.92

The new balance is then calculated using:

New balance = Initial Balance - Check

So, we have:

New balance = 415.01 - 44.92

Evaluate

New balance = 370.09

Hence, his new balance will be $370.09

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Carlo's new balance will be  $44.92 less than what he initially had in his account before the gas purchase.

What is a checkbook?

Simply put, a checkbook is a document issued by a bank to a customer which can be used to process money out of an account.

Currently, only a current account is allowed to use a checkbook.

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How much would Software E cost you in the long run?

Answers

Answer:

perturbateur ( le temps, le lieu, les personnages[description], la victime, l'enqueteur )

les peripeties

le denouement

Which one is the best choice. Please explain why. I’ll give extra points.

Answers

Answer:

10

Explanation:

Surplus for Donovan: 10 - 4.50 = 5.50

Surplus for Rudy: 8 - 4.50 = 3.50

Surplus for Mike: 6 - 4.50 = 1.50

Surplus for Royce: 4 - 4.50 = -0.50

Sum of all surpluses: 5.50+3.50+1.50-0.50=10

As the middle and lower classes reduced income what were their two responses?

Answers

As the middle and lower classes reduced income their response to their demand will be reduced. Household spending will be affected.

What is middle class income.

Middle class income earners are the people with income or salary that is more than their spending. Their earning is doubling the average spending of their household.

Therefore, a decline in middle and lower classes reduced income will reduce the household spending.

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In order to buy most homes, you have to arrange an up front payment of a portion of the house value, called a ________. a. Mortgage b. Closing fee c. Down payment d. Utility cost Please select the best answer from the choices provided A

Answers

Answer:

C. Down payment

Explanation:

The down payment of a house is simply part of the price of the house that you pay up front. A down payment reduces the risk to the lender because it ensures that the ones buying the house can afford the mortgage.

I hope this helps! If you have any questions about what I said please leave them down in the comments!

Please select the word from the list that best fits the definition under this program, parents may receive a voucher equal to the amount their state spends on education for their child.

Answers

The program that allowed for parents to receive a voucher for the amount their state spent on education for their child referred to School choice.

How did the government encourage home schooling?

Under the concept of school choice, the state government would give a voucher to parents who elected to use homeschooling.

This voucher would be of the same amount that the government would have spent on educating the child if they had gone to public school.

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Inflation makes it harder to buy things because _______. a. it increases your tax burden to the government b. it causes your money to have less value c. it decreases the cost of goods and services d. it leads to a excess of goods and services please select the best answer from the choices provided a b c d

Answers

Inflation makes it harder to buy things because it depreciates the value of your money.

What is Inflation?

Inflation is an economic term used to describe a general increase in the prices of item and therefore a decrease in the purchasing value of money.

  Inflation occurs when prices of goods and services increase due to some economic factors.

It is a continuing rise in prices as measured by an index such as the consumer price index (CPI).

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Capital budgeting refers to ______. Multiple choice question. budgeting for the capital needs of the organization procedures used by an organization to plan and control its portfolio of capital expenditures the portion of the budgeting project that relates to capital provided by the owners of the business

Answers

Answer: is the process a business undertakes to evaluate potential major projects or investments.

Explanation:

A creation resulting from study and experimentation is:
a. pattern.
b. replication.
c. precedent.
d. innovation.

Answers

Innovation refers to the creation of certain goods or services resulting from study and experimentation. Therefore, Option D is the correct statement.

What is innovation according to you?

Innovation is the realistic implementation of thoughts that bring about the creation of new items or offerings or development in supplying items or offerings.

The movement of setting matters into realistic reality regardless of demanding situations and resistance, instead of simply contemplating is called as Innivation.

Therefore, Innovation refers to the creation of certain goods or services resulting from study and experimentation. Option D is the correct statement.

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Discuss ways in which businesses can deal with change in the workplace​

Answers

Answer:

Empower employees through communication, Work with a change management model, make change compelling and exciting, and Activate leadership.

Explanation:

The simplest definition of productivity is outputs divided by inputs.

Answers

Productivity can be described as the outputs divided by inputs.

What is Productivity?

Productivity can be regarded as the efficiency of production.

Therefore, productivity as alot to do with

goods or services because it helps to measure it with respect to the specific duration of time.

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Why did you become a small business owner? what is the origin story of your business?.

Answers

Answer:

You might have a reason for wanting to start your own business, like capitalizing on an opportunity or fulfilling a need in your community. Or you might have no idea why this sensation is pulling you. That’s OK. There’s no right or wrong motivation for wanting to start your own business.

Explanation:

ii) What incentives would you suggest to each of the institutions to attract competent employees?​

Answers

Explanation:

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Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ...

Offer Extra Vacation Time for Hitting Goals. Lack of vacation time is the number one factor that leads to employee burnout. ... Set Up Department-Wide Competitions. ... Put Together a Team Outing for Top Performers. ... Provide Custom Rewards.

Explanation:

10 must-have employee incentive programs

Recognition and rewards. ...

Referral programs. ...

Professional development. ...

Profit sharing. ...

Health and wellness. ...

Tuition reimbursement. ...

Bonuses and raises. ...

Fun gifts.

Industrial robots have completely changed manufacturing because they: Multiple select question. improve productivity can work 24/7 with great precision increase the number of jobs for humans reduce costs

Answers

Industrial robots have changed manufacturing by:

They improve productivityreduce costscan work 24/7 with great precision

What are the industrial robots?

These are the robots that were developed through the use of artificial intelligence.

The goal is to have the robots take on the tasks that are usually provided by humans around the world.

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Rosa plans to give a presentation to her co-workers on how to use her company's new requisitions process, and she is using presentation software to create a visual aid. each slide uses 30-point headings, no more than six bullet points, and black text on a white background with large, dark red and blue paint splashes. she is careful to use animation only to transition to new major points, and subpoints. what has rosa done wrong?

a) her slides are inconsistent.

b) her slides contain too much information.

c) her slides are too busy.

d) her information is too small.

e) she is using too much animation

Answers

Rosa has prepared a very well presentation but the only mistake she did is that her slides contain too much information.

What are the basic points to be considered while making presentation?

First and foremost point to be consider for making the presentation is that- introduction, body and conclusion must be there.

Too much information should not be added on a single slide. It must have some images as well for the attraction.

The ideas added in the presentation must have the clarity.

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Henrietta is dealing with a morally ambiguous situation. what is most likely to be true about her situation?
a. she requires ethical reasoning to solve it.
b. it has one clear correct answer.
c. the best solution involves the virtue approach.
d. there are only wrong answers.

Answers

Henrietta is dealing with a morally ambiguous situation. what is most likely to be true about her situation is she requires ethical reasoning to solve it. Option A. This is further explained below.

What is a morally ambiguous situation?

Generally,  morally ambiguous situation is simply defined as doubt on  If something is correct or wrong.

In conclusion, A ethically problematic scenario confronts Henrietta. According to her predicament, she is more likely to use ethical reasoning to solve it.

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5-Define "Controlled
risk" and provide an
example

Answers

Control risk refers to the possibility of financial statements being significantly misstated as a result of a company's internal controls failing.

Example(s):

Lack of a good internal control environment, poorly designed business processes, IT security risk, integrity and ethic risk, human mistakes, and fraud risk are all frequent internal control hazards in business.

A marketing associate is working on a remarketing strategy for their Search Ads campaign. They want to re-engage high-value customers. Which type of audience will likely have the highest lifetime value?

Answers

The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.

What do you mean by high lifetime value customers?

A high client lifetime value shows humans shop loads from your store. They seem to be glad about the provider and high-satisfactory so your merchandise should be good.

And importantly, these customers may be brand loyal so you have a risk of developing even more.

Therefore, The type of audience who will likely have the highest lifetime value are People who previously purchased a large number of the website’s products.

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what are the qualifications for something to be used as money

Answers

Answer:

The requirements needed for something to be used as money.

1.That thing which must be useful in any purpose.

2.You have to find that person who must needed of that thing. Then he will buy from you. (Whether it's your own talent)

Scattergraph, High-Low Method, and Predicting Cost for a Different Time Period from the One Used to Develop a Cost Formula Farnsworth Company has gathered data on its overhead activities and associated costs for the past 10 months. Tracy Heppler, a member of the controller's department, has convinced management that overhead costs can be better estimated and controlled if the fixed and variable components of each overhead activity are known. One such activity is receiving raw materials (unloading incoming goods, counting goods, and inspecting goods), which she believes is driven by the number of receiving orders. Ten months of data have been gathered for the receiving activity and are as follows: Month Receiving Orders Receiving Cost 1 1,000 $18,000 2 700 15,000 3 1,500 28,000 4 1,200 17,000 5 1,300 25,000 6 1,100 21,000 7 1,600 29,000 8 1,400 24,000 9 1,700 27,000 10 900 16,000 Required: 1. On your own paper, prepare a scattergraph based on the 10 months of data. Based on this, does the relationship appear to be linear? 2. Using the high-low method, select a cost formula for the receiving activity. Using the cost formula, what is the predicted cost of receiving for a month in which 1,450 receiving orders are processed? $fill in the blank 3 3. Prepare a cost formula for the receiving activity for a quarter. Based on this formula, what is the predicted cost of receiving for a quarter in which 4,650 receiving orders are anticipated? $fill in the blank 4 Prepare a cost formula for the receiving activity for a year. Based on this formula, what is the predicted cost of receiving for a year in which 18,000 receiving orders are anticipated?

Answers

The relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

Cost formula

1. The relationship of the a scatter-graph is non linear.

2. Cost formula

Cost formula for the receiving activity= $6,600 + ($12 x number of receiving orders)

3. Predicted cost

Predicted cost= $6,600 + ($12 x Number of receiving orders)

Where:

Number of receiving order=1,450

Hence:

Predicted cost=($6,600 + $12 x 1450)

Predicted cost=$6,600+$17,400

Predicted cost= $24,000

Therefore the relationship  is non linear and the cost formula is: $6,600 + ($12 x number of receiving orders) and the predicted cost is $24,000.

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Consider the following information. Suppose FC=$11,400. Further suppose that when q=9 then AVC=$1,500 and when q=10 then ATC=$2,500. If the firm decides to make 10 units (q=10), what is the MR at q=10?

Group of answer choices:
$100
$500
$700
Not enough information

Answers

Marginal Revenue can be calculated only when the price per unit is given, but here no such information is given and calculation cannot be made.

What is marginal revenue?

The additional revenue earned by a firm when it determines to produce and sell one additional unit of the same product is known as the Marginal Revenue of the same.

Marginal Revenue cannot be calculated in the absence of price information of unit or the entire cost.

Thus, option D holds true regarding Marginal Revenue.

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How to invest in stocks for beginners with little money.

Answers

Hey!!!

One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share.

Hope it helps!
Dr Joker

Does participant possess appropriate labor market information?.

Answers

A participant is supposed to be in possession of the labor market information.

What is labor market information?

Labor market information, or simply LMI, is referred to as such an information where an individual can utilize the sources to make efficient and informed decisions in different aspects.

Hence, the participant has access to the labor market information.

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Sales is a(n) ______ account.

multiple choice question.

revenue


expense


liability


asset

Answers

Sales is a revenue account.

What is a sale account?

A sales account  is one that has all  records of sales( cash and credit) transactions.

In the journal entry, Sales are recorded as a credit in order to  offset the other debit side of the journal entry which can be cash or accounts receivable account.

In conclusion, Sales is also a revenue account this is because it is received by a business  due to  sales of goods or services.

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What should you do before and after each study session? play your favorite game on your phone so you are relaxed. reach out to your friend to ask questions. review your notes to help you remember the important topics. take a long nap so you are well rested.

Answers

Answer:

Review your notes to help you remember the important topics

Explanation:

Reviewing your notes before and after a study session can help you apply the information to your long-term memory.

Ali Co. uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the cash receipts journal. Nov. 3 The company purchased $2,000 of merchandise on credit from Hart Co., terms n/20. 7 The company sold merchandise costing $528 to J. Than for $580 on credit, subject to a $12 sales discount if paid by the end of the month. 9 The company borrowed $2,525 cash by signing a note payable to the bank. 13 J. Ali, the owner, contributed $3,825 cash to the company. 18 The company sold merchandise costing $84 to B. Cox for $150 cash. 22 The company paid Hart Co. $2,000 cash for the merchandise purchased on November 3. 27 The company received $568 cash from J. Than in payment of the November 7 purchase. 30 The company paid salaries of $1,000 in cash.CASH RECEIPTS JOURNAL Sales Accounts Cost of Goods Cash Dr. Other Discount De Receivable. Sales Cr. Accounts CF Sold Dr. Inventory Cr. Date Account Credited Discount Dr. Cr.

Answers

A general journal is a daybook in which transactions relating to adjustment entries, opening stock, depreciation, accounting errors etc. are recorded.

How to illustrate the journal?

9-Nov Notes Payable $ 3,750    $3,750

13-Nov Ali, Capital         $5,000    $5,000

18-Nov Sales                       $330  $330         $250

27-Nov J. Than                   $980 $20            $1,000  

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Other Questions
If women make up 50% of the population, why has there never been a woman prime minister in Canada or a woman president in the US? The gender pay gap still exists at some level in every country in the world. In countries that have large populations living in poverty, this further impacts the difficulties and inequalities faced by women. Britney is buying a shirt and a hat at the mall. The shirt costs $32.61, and the hat costs $19.82. If Britney gives the sales clerk $100.00. how much change should she receive? (Ignore sales tax.)A. $44.47B. $57.32C. $52.43D. $47.57 HELP!! WILL MARK AS BRANLIST Quick helpMe When the supply is high and the demand is lowthe price of an item will be Short paragraph about the aztecs and who was hernan Cortes different between simplex and duplex data transmission mode you have separate solutions of a monoprotic, diprotic, and triprotic acid which each have the same concentrations in terms of molarity. you wish to neutralize a solution of calcium hydroxide. which acid solution would require more volume to neutralize the base?a)monoprotic solutionb)diprotic solutionc) triprotic solutiond) you need to know the exact acid concentration to answer this questione) you need to know the exact volume and concentration of the base solution to answer this question How effective was the League of Nations in combating aggression in 1930? Please help and answer has an exponent Evaluate f(8): f(x) = x-4 If using the method of completing the square to solve the quadratic equationx2 14.0 40 = 0, which number would have to be added to "complete thesquare"?--- Examine the map.Which point on the map identifies the location of the Comstock Lode?A. XB. WC. YD. Z what is the absolute value of 62 50. Insert three geometric means between 2 and 512. 1. Sunday Times wants an analysis of the demographic characteristics of its readers. The Marketing department has collected reader survey records containing the age, gender, marital status, and annual income of readers. Design an application (Flowchart) that accepts reader data and, when data entry is complete, produces a count of readers by age groups as follows: under 20, 2029, 3039, 4049, and 50 and older. Hint: Refer to the program discussed in class Figure 6-152. Create the logic (Flowchart) for a program that calculates and displays the amount of money you would have if you invested R10000 at 4 percent simple interest for one year. Create a separate method to do the calculation and return the result to be displayed.The main program (Flowchart) should prompt the user for the amount of money and passes it to the interest-calculating method. A random drawing will determine which 3 people in a group of 9 will win concert tickets. what is the probability that you and your 2 friends will win the tickets? express your answer as a fraction in simplified form. how many people are in dry areas Write and solve a proportion to answer the question. (Skills Review Handbook) 20. What percent of 60 is 18? this or that? which country has a longer coastline? William has 5 black t-shirts and 7 white t-shirts If he randomly selects a t-shirt to wear, what is the probability that it is black? Write the probability as a fraction in simplest form, as a decimal, and as a percent.