If research in the management area cannot be 100% scientific, why bother to do it at all? Comment on this question

Answers

Answer 1

Answer:

I can rearrange the words and add a couple of them to this statement and say that scientific research cannot be 100% accurate, so why bother to do it at all?

Management is a social science, therefore, most of the research carried out will not follow the scientific method since the number of variables are virtually infinite, e.g. there are trillions of variables in an economy like personal tastes and preferences of each individual, different income levels, how taxes affect each individual, individual savings habits, how marketing affects each individual, etc.

Some microeconomics research follows the scientific method but under very specific and controlled circumstances.

Research is an important tool for planning, and planning is one of the basic functions of management. Research can help a manger to predict future events, usually based on existing data and including new factors that can alter consumers' habits and decisions, e.g. research that tries to determine the future demand of hybrid (or electric or any other type of alternative fuel) vehicles based on historical demand of vehicles plus how will consumers' habits and preferences change in the future regarding green technologies.

Since we are dealing with humans, and humans are extremely unpredictable, research can serve management as a guide, but it doesn't represent an exact figure.

This is the same reason why no two analysts value stocks or companies in the same way, since subjective factors always exist, e.g. will large numbers of consumers accept electric cars, or will they prefer only hybrids, or would they accept other technologies like hydrogen instead. The previous Honda Civic which ran on compressed natural gas used to be the greenest car, but very few people accepted it. The Honda clarity runs on hydrogen, but still only Californians seem to like it. But Tesla is now the most valuable car company even though it barely sells any cars at all. According to market research, everyone will start buying Teslas in the near future and no one will buy any other brand (Tesla is worth more than virtually all other car companies combined), but is that research accurate? Only time will tell.


Related Questions

a. Distinguish between physical asset markets and financial asset markets. What’s the difference between spot markets and futures markets?
b. Distinguish between money markets and capital markets. What’s the difference between primary markets and secondary markets?
c. Differentiate between private and public markets. Why are financial markets essential for a healthy economy and economic growth?

Answers

Answer:

a. Physical assets are tangible, they can be touched, seen, used. They generally lose value over time because they depreciate. On the other hand, financial assets are intangible, they only exist because documents say so. Their price can change if interest rates change of if market conditions change.

Spot markets are markets where securities, currencies or commodities are traded immediately. While futures markets represent the trading of securities, currencies or commodities at a future date.

b. Money markets are where investors trades short term securities, while capital markets are where stocks, bonds and other long term securities are traded.

Primary markets exist only when securities are issued for the first time, e.g. an IPO. The vast majority of trading occurs in secondary markets since a security can literally be traded hundreds of times and all of these operations, except for the initial issuance, take place in secondary markets.

c. Public markets are all the trading markets where publicly traded corporations exchange or trade securities, and anyone can buy them, e.g. NYSE, NASDAQ, etc. Private markets only involve trading of privately held securities, e.g. stocks of closely held corporations. Only certain investors can trade with private securities, they are not available to the general public.

Financial markets basically receive savings from private households and businesses, and they transfer them (as investments) to other companies that need these resources to operate and grow. There is a direct relationship between healthy financial markets and economic development.

_________ is a class of analytics tools that helps an organization align its strategy with what is happening within the operation.

Answers

Answer: Business intelligence

Explanation:

Business intelligence is a class of analytics tools that helps an organization align its strategy with what is happening within the operation.

Business intelligence (BI) combines data tools, mining, visualization, business analytics, and infrastructure, in order to assist businesses to make more decisions that are data-driven.

Which of the following label claims would the federal government expect to
be backed by scientific trials?
A. Increases attention span in 8 out of 10 children!
B. Children love the taste!
C. Mom approved!
O D. New and improved!

Answers

Answer:

A. Increases attention span in 8 out of 10 children!

Explanation:

This product people will buy specifically to help there child who may have attention problems such as ADHD. Therefore this needs to be true and backed by science. While the others may not be true it does not have such an affect.

A manufacturer has monthly cost of 60,000 and a production cost of 10$ for each unit produced. The product sells for $15/unit.

a. What is the cost function.
b. What is the revenue function.
c. What is the profit function.

Compute the profit loss corresponding to production level of 10,000 and 14000.

Answers

Answer:

a. What is the cost function.

C(x) = 10x + 60,000

b. What is the revenue function.

R(x) = 15x

c. What is the profit function.

P(x) = R(x) - C(x) = 15x - 10x - 60,000 = 5x - 60,000

Compute the profit loss corresponding to production level of 10,000 and 14000.

10,000 units produced:

P(10,000) = 5(10,000) - 60,000 = 50,000 - 60,000 = -$10,000

14,000 units produced:

P(14,000) = 5(14,000) - 60,000 = 70,000 - 60,000 = $10,000

Answer:

1. There is a loss of $10,000 at the production level of 10,000.

2. There is a profit of $10,000 at the production level of 14,000.

Explanation:

From the question, we have:

a = Fixed cost = $60,000

b = Variable cost per unit = $10

P = price per unit = $15

Therefore, we have:

a. What is the cost function.

The cost function can be stated as follows:

C = a + bY ............................... (1)

Where;

C = total cost

a = Fixed cost = $60,000

b = Variable cost per unit = $10

Y = production level

Substituting the relevant values into equation (1), we have:

C = 60,000 + 10Y <--------------- Cost function

b. What is the revenue function.

The revenue function can be stated as follows:

R = P * Y ...................... (2)

Where;

R = Total revenue

P = price per unit = $15

Y = production level

Substituting the relevant values into equation (2), we have:

R = 15 * Y ........................... <------------------ Revenue function

c. What is the profit function.

The profit function can be stated as follows:

Profit (loss) = R - C .......................... (3) <------------------- Profit function.

1. Compute the profit loss corresponding to production level of 10,000

This implies that;

Y = 10,000

C = 60,000 + (10 * 10,000) = $160,000

R = 15 * 10,000 = $150,000

Profit (Loss) = $150,000 - $160,000 = ($10,000)

Therefore, there is a loss of $10,000 at the production level of 10,000.

2. Compute the profit loss corresponding to production level of 14,000

This implies that;

Y = 14,000

C = 60,000 + (10 * 14,000) = 200,000

R = 15 * 10,000 = $210,000

Profit (Loss) = $310,000 - $200,000 = $10,000

Therefore, there is a profit of $10,000 at the production level of 14,000.

The following forecasted sales pertain to Rapid City:

Month Unit Sales
June 32,000
July 40,000
August 24,000
September 30,000

Finished goods inventory as of May 31 6,000 units

Rapid City has a selling price of $5 per unit and expects to maintain ending inventories equal to 25 percent of next month's sales.

Required:
How many units are expected to be produced in June?

Answers

Answer:

2,400 units

Explanation:

Calculation of units expected to be produced in June is seen below;

= (Unit sales in June / Selling price per unit) + [(Unit sales in July/Selling price per unit) × Percentage of inventories] - Ending finished inventory

= ($32,000/$5) + [($40,000/$5) × 0.25] - 6,000

= 6,400 + 2,000 - 6,000

= 2,400 units

It is expected that 2,400 units would be produced in June.

Under a non-revised divorce decree executed in 2018, Pillar is required to pay her ex-husband, Miguel, $4,750 a month until their youngest son, whose is now 10, turns age 18. At that time, the required payments are reduced to $2,100 per month. How much of each payment is deductible by Pillar as alimony for 2019

Answers

Answer:IDK

Explanation:

Under a divorce decree executed in 2019, Duron is required pay $800 of alimony and $400 of child support each month for the next 10 years. In addition, Duron makes a voluntary payment of $200 per month. How much of the total monthly payments are deductible by Duron

Answers

Answer:

The total monthly payments that are deductible by Duron are:

$1,200 each month for the next 10 years.

Explanation:

According to the IRS rules, if Duron pays his ex partner payments each month which are not documented by the court, the money is not tax deductible. Therefore, it is beneficial for Duron to receive a court order to pay the additional alimony if Duron plans on enjoying a tax deduction for the additional spousal support of $200.

Swifty Corporation completed Job No. B14 during 2019. The job cost sheet listed the following:

Direct materials $160000
Direct labor $150000
Manufacturing overhead applied $130000
Units produced 4000 units
Units sold 2800 units

Required:
How much is the cost of the finished goods on hand from this job?

a. $308000
b. $132000
c. $326000
d. $440000

Answers

Answer:

b. $132,000

Explanation:

Given the following information,

Direct materials $160,000

Direct labor $150,000

Manufacturing overhead applied $130,000

Units produced 4,000 units

Units sold 2,800 units

We need to calculate the total cost first.

Total cost = $160,000 + $150,000 + $130,000

Total cost = $440,000

We will also calculate the unitary cost

Unitary cost = $440,000 / 4,000

Unitary cost = $110.

Therefore, the final ending inventory would be;

Ending inventory = *1,200 × $110

Ending inventory = $132,000

• Note : 1,200 is derived by [ 4,000 units - 2,800 units]

If laying the distribution lines cost twice as much under water as it does on land,, what path should the distribution linees follow in order to minimize the cost?

Answers

Answer:

Explanation:

Normally, running underground distribution line is expensive to run and also to maintain(repair) though running it underground makes it last longer by keeping it safe away from things like ice.

Just like it is given in the Question/problem above that "laying the distribution lines cost twice as much under water as it does on land". It can be observed that the cost of taking the distribution line under water is higher than it does on the land. So, in order to minimize cost the following should be done;

=> Major part of the distribution line should be done on the land and drawn along the side of the water body. The minor part of the distribution line can then go down(under the water).

The aggregate supply-aggregate demand model predicts that the short-run effects of a temporary but severe oil-cutoff would be:_____

Answers

Incomplete question.

Options;

a. A decrease in the price level and an increase in real output.

b. An increase in both the price level and real output.

c. An increase in the price level and a decrease in real output.

d. A decrease in both the price level and real output.

Answer:

c. An increase in the price level and a decrease in real output.

Explanation:

Remember, aggregate supply often refers to the total output of goods and services in an economy available for sale While aggregate demand refers to the total value of the money spent on the goods and services produced in an economy.

Note also, what this means is that as a result of the severe oil-cutoff, the supply of oil would reduce greatly, and with lower supply in the short-run; we would expect the price level to increase.

However, as the price level increases, in the short-run, there would be an immediate decrease in the real output of oil among producers.

who is captain america​

Answers

Answer:

a super hero that's part of marvel

Answer:

Captain America is a marvel character played by Chris Evans.

Explanation:

Captain America started out as a normal kinda scrawny teenager who joined the American Army during World War II. He was transformed into a super soldier and became an insanely fit and strong human being. He saved many people during the war, but unfortunately was frozen in ice for like 66 years. So, he became part of a group called the Avengers. Kind of like a vigilante group. And finally, he was able to go back in time and marry the woman of his dreams, and he retired from the avengers after, the time travel left him in his actual age, well into his 80's.

What would the cost of goods sold be if the cost of goods available for sale totaled $650 and the ending inventory total? $86.​
564.00
546.00
5.46
50.64

Answers

Answer:

4

Explanation:

i need points for my test

(20) points

What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty

Answers

Answer:

you lied about the points but I'll be nice E

the first option (A)

A company purchases supplies on account for $2,200. Indicate the amount of increases and decreases in the accounting equation.

Answers

Answer:

Assets increase by $2200:  liabilities increase by  $2200

Explanation:

The accounting equation is expressed as below.

Assets = Owners Equity + Liabilities.

Making purchases on account means buying on credit. Purchasing Supplies on credit will increases the debts( liabilities) of the company by $2200.

Supplies will belong to the business; hence assets will increase by $2200

How much is being paid is the only thing you need to consider when considering a job offer True or fals

Answers

Answer:

being paid 1000

Explanation:

1000

Who studying or working somewhere else but wish to work for the organisation
1.comsumer
2.potential employees
3.opnion leaders
4.suppliers​

Answers

Answer:

2. Potential employees

Disposable personal income: a. excludes transfer payments. b. includes personal income taxes. c. is income spent for personal items such as homes and cars. d. excludes personal income taxes

Answers

Answer:

d. excludes personal income taxes

Explanation:

Disposable personal income excludes personal income taxes.

A disposable income can be defined as an amount of money remaining after the deduction of income taxes, and social security fees.

Gregory visited a prospect for the first time this morning, chatted a while with
him, engaging in friendly conversation before making a detailed and lively
presentation of the products he has to offer. He then sought to close the sale,
addressed some doubts that the client had, and still the client wouldn't
commit. What important step has Gregory missed during his time with the
client?
A. Filling out customer information forms
B. Making the presentation
C. Assessing the client's needs
D. The approach

Answers

Answer: C assessing the clients needs

The important step which Gregory has missed during his time with the  client is:

C. Assessing the client's needs

According to the given question, we can see that Gregory is a prospector who went to meet with a client, gave a presentation of what he had to offer, but the client would not commit

As a result of this, the important step which Gregory has missed during the time which he spent with his client is the fact that he did not assess the needs of his client which was improper and caused him not to commit.

Therefore, the correct answer is option C

Read more here:

https://brainly.com/question/18733626

Henry likes a smartphone that is within his budget. Which payment option will be most economical for him when buying the smartphone?
A.
use a credit card and repay after two months
B.
ask for credit from the store manager
C.
pay in cash
D.
request a plan that allows him to pay the amount in monthly installments

Answers

Answer:

the answer is D

Explanation:

plato users

A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is

Answers

Answer:

This question is incomplete, the options are the following:

a) Higher than the average total cost.

b) Higher than the average variable cost.

c) Lower than the break-profit point.

d) Lower than the average variable cost.

And the correct answer is the option D: Lower than the average variable cost.

Explanation:

To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.  

True or False: Although firms tend to raise their capital in large, lumpy amounts, their weighted average cost of capital (WACC) and the capital investment that they are evaluating assume that the project will be financed with the same proportion of funds contained in their target capital structure.

Answers

Answer:

True

Explanation:

The capital structure is defined as the careful balancing between the equity and the debt that the entity uses to finance its assets, day-to-day operations, and future growth.  It combines debt and equity.  Debt comes in the form of bond issues or loans, while equity may come in the form of common stock, preferred stock, or retained earnings.  The optimal capital structure is estimated by calculating the mix of debt and equity that minimizes the weighted average cost of capital (WACC) of a company while maximizing its market value.  However, in calculating the WACC and evaluating the capital investment, the timing of the capital inflow is not considered.

10 points pls help You should share a copy of your résumé with the following ______.

Answers

Answer:

employer or you family buts thats it hahah

Answer:

individuals you use as references

Explanation:

So they can help spread your chance of getting more jobs

a firm reports a net profit margin of 10% on sales of $3 million when ignoring the effects of financing. if taces are $20000 how much is EBIT

Answers

Answer:

$320,000

Explanation:

EBIT is earnings before interest and tax.

This case in point ignores the financing impact of interest expense, EBIT is the same as the net income  plus taxes

net profit margin=net income/sales

net profit margin=10%

net income is unknown

sales=$3,000,000

10%=net income/$3,000,000

net income=10%*$3,000,000=$300,000

taxes=$20,000

EBIT=$300,000+$20,000=$320,000

Which of the following is a tertiary ratio that drives protability?

Answers

Answer:

Explanation:

wmdjnjjfjjjjjjjjjjjjjjjj

Carrie wants to open a boat shop right next to te beach. What type of utility is she implementing

Answers

Answer:place utility

Explanation:

This afternoon, Northern Railways paid an annual dividend of $2.44 per share. The company has been increasing the dividends by 15 percent each year. How much are you willing to pay to purchase stock in this company if your required rate of return is 16 percent?

a. $7.87
b. $207.40
c. $36.60
d. $6.69
e. $280.60

Answers

Answer:

P0 = $280.60

Option e is the correct answer.

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

D0 is the dividend today or paid recentlyD0 * (1+g) is dividend expected for the next period /year g is the growth rate r is the required rate of return  

P0 = 2.44 * (1+0.15) / (0.16 - 0.15)

P0 = $280.60

Roadside Markets has a 6.75 percent coupon bond outstanding that matures in 30 years. The bond pays interest annually. What is the market price per bond if the face value is $1,000 and the yield to maturity is 7.2 percent? (round your answer to two decimal places)

Answers

Answer:

Bond Price = $945.2631228 rounded off to $945.26

Explanation:

To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,

Coupon Payment (C) = 1000 * 0.0675  = $67.5

Total periods (n) = 30

r or YTM = 0.072 or 7.2%

The formula to calculate the price of the bonds today is attached.

Bond Price = 67.5 * [( 1 - (1+0.072)^-30) / 0.072]  + 1000 / (1+0.072)^30

Bond Price = $945.2631228 rounded off to $945.26

In the ____ and ____ stages of product life cycle, firms often set priorities on growth and/or market share

Answers

Answer:

In the introduction and early growth stages of the product life cycle, firms often set priorities on growth and/or market share

Explanation:

A sales invoice included the following information: merchandise price, $4,000; transportation, $300; terms 1/10, n/eom, FOB shipping point. Assuming that a credit for merchandise returned of $600 is granted prior to payment, that the transportation is prepaid by the seller, and that the invoice is paid within the discount period, what is the amount of cash received by the seller?
1. $3,400
2. $3,666
3. $3,950
4. $3,366

Answers

Answer:

2. $3,666

Explanation:

Calculation for the amount of cash received by the seller

Cash received by seller = ($4,000 - $600) * 99 % + $300

Cash received by seller=$3,400*99%+$300

Cash received by seller= $3,666

Therefore the Cash received by the seller will be $3,666

The Fried Green Tomatoes Restaurant has increased its operating cycle from 97.4 days to 101.7 days while the cash cycle has decreased by 2.9 days. How have these changes affected the accounts payable period?

a. Decreased by 11 days
b. Decreased by 5 days
c. Decreased by 1 day
d. Increased by 5 day
e. Increased by 11 days

Answers

Answer:

Increased by 7.2 days

Explanation:

As in the question it is mentioned that the operating cycle is increased from 97.4 days to 101.7 days so the difference in days is

= 101.7 days - 97.4 days

= 4.3 days

And, the cash cycle is decreased by 2.9 days

So, the total number of days would be

= 4.3 days + 2.9 days

= 7.2 days

These have been the negative impacts

The options that are mentioned in wrong and the above is the righ answer

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