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tekilochka [14]
1 year ago
11

Consider a household consisting of four college friends. The friends have made a commitment to live together for the next five y

ears. Presently they live in Milwaukee where Abby will earn $200,000, Bonnie will earn $120,000, Cathy will earn $315,000, and Donna will earn $150,000 over the next five years. They have the option of moving to Miami. Moving to Miami would impose a one-time moving cost of $5,000 on each person. If they move to Miami, however, Abby will earn $180,000, Bonnie will earn $150,000, Cathy will earn $300,000, and Donna will earn $100,000 over the next five years. Moreover, each friend prefers to live in Miami over Milwaukee. In particular, Abby and Bonnie both value the quality of life in Miami versus Milwaukee over the next five years at $40,000 while Cathy and Donna place the value at $25,000 each. Should the household move to Miami or stay in Milwaukee? Is anyone a tied-mover or a tied stayer?
Business
1 answer:
Alinara [238K]1 year ago
8 0

Answer:

Explanation:

Omaha Miami

Earnings Earnings Value of Quality Life Expense to Move to Miami Net Value Difference in Value

Alex 200000 180000 40000 5000 215000 15000

Bobby 120000 150000 40000 5000 185000 65000

Cory 315000 300000 25000 5000 320000 5000

Dana 150000 100000 25000 5000 120000 -30000

Tied mover – any person who moves with their partner even if the person's employment is better at the present location.

Assuming all the friends agree on moving to Miami, Dana will compromise in value, therefore, Dana is the Tied Mover.

Tied Stayer – any of them who stays with the partner at current location even if the person's employment opportunity is better somewhere else.

Assuming all the friends decided to be in Omaha, Alex, Bobby and Cory will compromise in value, therefore, Alex, Bobby and Cory are the Tied Stayers.

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Cherries on Top, a national ice cream shop, is struggling financially to keep up with the bigger chains. The top executives have
Serggg [28]

Answer:

The correct answer is B

Explanation:

Utilitarian approach or method is the approach which assesses or analyze the actions in terms of the outcomes or results, that is the net costs and the benefits to all the stakeholders on individual level.

This approach aspire or attempt to accomplish the greatest good for the  numbers when creating the least amount for preventing the suffering of the greatest amount.

So, the shop uses or practice the approach of utilitarian as it will provide them the extra one million dollar to put it in the marketing.

7 0
1 year ago
Which type of briefing is delivered to individual resources or crews who are assigned to operational tasks and/or work at or nea
zhannawk [14.2K]

Answer:

The correct answer is <em>Field-level briefing</em>.

Explanation:

This level involves resources assigned to operational tasks and / or work at or near the incident site. These sessions will be delivered to individual subordinates, full crews or multiple crews, such as Attack Teams or Task Forces, will occur at the beginning of an operational shift.

The location will usually be near the job site or just before mobilization to the field. The supervisor tries to focus the subordinates on their specific tasks and helps define the work area, inform the relationships and expectations.

7 0
1 year ago
Jitensha Bike Parts was called to testify before the U.S. Congress. The CEO of Jitensha defended the company against an accusati
suter [353]

Answer:

the company includes at least 10% of overhead costs and an 8% profit margin in all the sales.

Explanation:

Dumping occurs when companies export their products at a lower price than domestic sales price. American laws prohibit dumping and require foreign firms to include 10% overhead costs + an 8% profit margin in the prices of the goods they export to the US.

5 0
2 years ago
Rhonda is a procurement officer for the government and needs to hire a new plumbing company that she could pay a fixed price per
ella [17]

Answer:

comparative cost pricing

Explanation:

In comparative cost pricing strategy different prices charged by different seller is presented to buyer. The buyer has freedom to choose any price option based on comparative analysis of price.  

In the question given above plumbing firms have given their prices to Rhonda and she chose lowest price which can be explained by comparative cost pricing.

8 0
1 year ago
A segment has the following data:
ankoles [38]

Answer:

Net income will decrease by $400,000

Explanation:

Currently this business unit is generating a net loss of $150,000:

total revenue - variable expenses - fixed costs = $700,000 - $300,000 - $550,000 = -$150,000

if the unit is eliminated, then the revenue and variable expenses will be gone, but the fixed costs will be allocated to other business units. So instead of losing $150,000, the company will lose $550,000. The company's net income will decrease by $550,000 - $150,000 = $400,000

4 0
1 year ago
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