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Brrunno [24]
1 year ago
11

Suppose the island of Catsylvania experiences a recession. As a result, consumers reduce spending on Kitty Chow and planned aggr

egate expenditures fall short of real GDP. As a result, unplanned inventories at Kitty Chow firms will
Business
1 answer:
Illusion [34]1 year ago
7 0

Answer: b. Increase

Explanation:

The Economy of Catsylvania is in a Recession and Aggregate Expenditure has fallen below Real GDP. This means that demand will fall as customers will no longer buy as much as they used to because they can't afford to.

This leads to sales reducing in the country. As sales have slowed down, Inventory will pile up. This inventory was unplanned because it was expected that they would be sold.

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President Chris Zane mentions that employees' performance is not evaluated every six months or every year as in many organizatio
dsp73

Answer:

This question is incomplete, the options are missing. The options are the following:

a) Discuss failures of individuals of the company

b) Establish performance standards as a group

c) Measure, evaluate and take corrective action

d) Correct employees' actions by berating and celebrating

e) Cross-train employees

And the correct answer is the option C: measure, evaluate and take corrective action.

Explanation:

To begin with, when it comes to terms of control regarding the inside structure of an organization, the managers use different processes and techniques to take on that job of controlling the employes of the company in order to see how everything is going. In the case of Chris Zane, as he wants to do a control every week, then he is absolutely interesting in evaluating and measuring the improvements of every one inside the business so in that way he can take action in time to correct something if it is not going as planned. And that is the main reason why he would use a controlling process where he needs to have everything going as planned.

3 0
1 year ago
The order of presentation of activities on the statement of cash flows is
Rufina [12.5K]

Answer:

Operating activities

Investing activities

Financing activities

Explanation:

In a cash flow statement, the activities of the organization are usually recognized in 3 parts namely; Operating activities, investing activities and financing activities.

The operating activities include elements such as net profit, non cash items, change in current assets and liabilities.

The investing activities include cash flows from the disposal and purchase of assets etc

The financing activities includes cash flows from the disposal and sale of shares etc.

The net cash flows from these activities is the netted off the cash balance at the beginning of the period to get the cash balance at the end of the period.

Hence the order of presentation of activities on the statement of cash flows is

Operating activities

Investing activities

Financing activities

6 0
2 years ago
The two broad categories of buying behavior are ____ and ____. a. psychological; social b. government; industrial c. consumer; p
Ede4ka [16]
A) psychological : social
5 0
1 year ago
29. Don and Evon orally agree on the sale of Don's Electrical Supplies Company to Evon and jot down the terms on the back of one
vekshin1

Answer:

the essential terms of the contract.

Explanation:

Generally contracts that involve large transactions like selling a company must be made in writing and must be signed by all the parties. In this case, the sort of wrote a summary of the basic terms of the sale on the back of an invoice, and at least they signed it. As it is, the contract might not be enforceable because it probably lacks a lot of important details, since the amount of space used to write it down was very small specially considering that most of the space was used for the signatures.

So in order to prevent any future problems, and to comply with the statute of frauds, they should make a written memorandum that includes the essential and important terms of the contract, which must be signed also. They could also write down a proper sales contract since they are signing it again.

The statute of frauds establishes that certain contracts must be done in writing, and since this contract probably involves a significant amount of money, it probably falls under it.

6 0
2 years ago
Would firms have an incentive to change their level of production if input prices adjusted immediately to output price changes?
statuscvo [17]
Firms have<span> no</span>incentive<span> to </span>increase production<span> to take advantage of higher prices </span>if<span> they simultaneously face equally higher resource prices. So the answer to this question is No. </span>The<span> availability and productivity of real resources is reflected </span>in the<span> prices of inputs, and </span>in the<span> long run these </span>input prices<span> (including wages) </span>adjust<span> to match </span><span>changes in the price level.</span>
7 0
2 years ago
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