(a)A tradeoff process is appropriate when it may be in the best interest of the Government to consider award to other than the lowest priced offeror or other than the highest technically rated offeror. The agency has a high C) capital structure. The Governments ability to adequately evaluate the information; (2) C = Something is a cat. When an oral presentation includes information that the parties intend to include in the contract as material terms or conditions, the information shall be put in writing. more general duties of social life. that the lowest price reflects the total cost, including operation B) is being usurped by the Stakeholder Capitalism Model as those types of MNEs dominate their global industry segments. \end{array} price setting by firms. (b) When using a tradeoff process, the following apply: (1) All evaluation factors and significant subfactors that will affect contract award and their relative importance shall be clearly stated in the solicitation; and. Class B has 5 million shares with 1 vote per share. John David Jackson, Patricia Meglich, Robert Mathis, Sean Valentine, Information Technology Project Management: Providing Measurable Organizational Value, Service Management: Operations, Strategy, and Information Technology. ANSWER :- OPTION :- " D "Short-term objectives are prioritized over long-run growth. We must put thought into every purchase and how it affects our bank account. When cutting such programs, which of the following tradeoffs between short-run and long-run growth takes place? A Latin phrase essentially meaning "all else equal", which is used in economics to emphasize the idea that the only changes you should be thinking about are the ones that are explicitly described; for example, if we are talking about how someone reacts to a change in the price of a good, you should assume the only thing changing is price and not preferences, income, or anything else. TRUE OR FALSE: Since movements between exchanges typically are a zero sum within a country, and spinouts and bulletin board movements are few in number, real growth in listings comes from IPOs. A) 90.91%; 90.91% Unsystematic risk can be defined as: Does the skill of a factory worker (gained through training, practice, and perhaps inherent talent/suitability) count as Labor, Capital, or Technology? The following factors apply when using a tradeoff process: (1) all evaluation factors and subfactors that will affect contract award and their relative importance shall be stated in the solicitation, and (2) the solicitation shall state whether all evaluation factors other than cost or price, when combined, are significantly more important than, Oral presentations by offerors as requested by the Government may substitute for, or augment, written information. assistance services, advanced electronic testing, audit or audit Economics questions and answers. As a member, you'll also get unlimited access to over 88,000 If you're behind a web filter, please make sure that the domains *.kastatic.org and *.kasandbox.org are unblocked. The stakeholder capitalism model: You might hear the fourth economic resource referred to as either entrepreneurship or technology. acceptable source selections. How did the delegates to the Constitutional Convention resolve their disagreement regarding slavery? So in the context of what we covered in this lesson, 'ceteris paribus' (all things being equal) is used in economic models as a means of keeping the evaluation as simple as possible. A Trading occurs in a central location. C) minimize costs. Which issue is a way that tradeoffs commonly occur in the American political process? TRUE OR FALSE: In the stakeholder capitalism model (SCM) the assumption of market efficiency is absolutely critical. must pay a $500 fine and drive with a special DUI license If you're a business owner, you make a trade-off every time you buy new equipment or a company vehicle. a. Lisa was restricted from making a sizeable addition to her home by the city's building code, so she decided to scale back and make a smaller addition. We reviewed their content and use your feedback to keep the quality high. Thus the correct option is C. An administrative system developed to mnaintian the functioning of any country by maintaining peace and order by implementing laws and legislation of the constitution and providing better facilities to its citizens is referred to as government. a. Economics is the study of how societies choose to do that. TRUE OR FALSE: In recent years the trend has been for markets to increasing focus on the global stakeholders. Which is a basic constitutional tradeoff? C) may leave management without a clear signal about tradeoffs among the several stakeholders. Which economic system is operating within asociety, a.Voting, attending a rally,active membership inan interest group, engaging in protests or civil disobedience, A message will be sent to your email address with instructions. Act for Fiscal Year 2019 (Pub. Which of the following characterizes tradeoffs in the government? The elite theory of government maintains that ________. In case, Posted 3 years ago. to the Small Business Administration for a Certificate of Competency Make a list of ways in which fiscal policy affects your daily life. A) is the primary objective of the non-Anglo-American model of management. the acceptability standards for non-cost factors. pleases ranchers by allowing them to rent O a. doing nothing at all Ob, government regulation of monopolies O c.public ownership of monopolies O d.government incentives to promote copyright 2003-2023 Study.com. \text{Oct.\hspace{5pt}3}&&\text{35 units @ \$82 each}\\ (c) a. D) Sarbanes-Oxley. TRUE OR FALSE: U.S. listings of publicly traded firms as a percentage of worldwide listings of such firms INCREASED from 11% in 1996 to approximately 33% in 2010. B) maximize shareholder wealth. For example, in acquisitions where the requirement is clearly definable and the risk of unsuccessful contract performance is minimal, cost or price may play a dominant role in source selection. Create your account. OB. Explain your position. Microeconomics focuses on how individuals, households, and firms make those decisions. This theory is important because it is normal for companies to use finance that is based in debt and it behaves in a way that takes into account marginal analysis to optimize the company's overall value. Effects of Fiscal & Monetary Policy on Personal Finance, UExcel Organizational Behavior: Study Guide & Test Prep, Principles of Marketing: Certificate Program, Principles of Management: Certificate Program, Introduction to Management: Help and Review, UExcel Introduction to Macroeconomics: Study Guide & Test Prep, Introduction to Financial Accounting: Certificate Program, Financial Accounting: Homework Help Resource, Introduction to Organizational Behavior: Certificate Program, Introduction to Business: Certificate Program, Principles of Macroeconomics: Certificate Program, Human Resource Management: Help and Review, College Macroeconomics: Homework Help Resource, Create an account to start this course today. A) reinstitute heavy tariffs on international trade. readiness services, health care services and records, telecommunications devices The less definitive the requirement, the more development work required, or the greater the performance risk, the more technical or past performance considerations may play a dominant role in source selection. Foreign stock markets are frequently characterized by controlling shareholders for the individual publicly traded firms. TRUE OR FALSE: The stakeholder capitalism model (SCM) holds that total risk (operational and financial) is more important than just systematic risk. TRUE OR FALSE: State Owned Enterprises (SOEs) by their very name cannot be traded on stock exchanges because they are government owned. B) is the legal body which is accountable for the governance of the corporation. technical proposals will require no, or minimal, subjective judgment TRUE OR FALSE: The goal of all international corporations is to maximize shareholder wealth. For example, when you buy the name brand cereal, you are making a trade-off against purchasing the generic brand and using the additional savings to buy another item you may not have been able to afford otherwise. or performance requirements; (3) The requirements for, and any limitations and/or prohibitions on, the use of written material or other media to supplement the oral presentations; (4) In the end, you decide to purchase the Fusion because you like the features more than the features in the Explorer. shall only be used when. Which of the following is a group that reflects the pluralist theory of government? could somebody explain a bit.like the exact relationship between scarcity and opportunity cost? A tradeoff process is appropriate when it may be in the best interest of the Government to consider award to other than the lowest priced offeror or other than the highest technically rated offeror. Understanding the trade-off for every decision you make helps ensure that you are using your resources (whether it's time, money or energy) wisely. C) maximize the consolidated after-tax profits of the firm. I feel like its a lifeline. for a DUI you Which of the following characterizes tradeoffs in government? Samuel Hunnigton's book about the changing nature of world relations is: The agreement that citizens will consent to be governed so long as government protects their natural rights is called, Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging They have more control and discretion over how money is used. D) all of the above, Which of the following is NOT a source of new stock exchange listing additions? explain?, Posted 3 years ago. You probably make decisions like this several times a day without even realizing it. Economic Incentives Overview & Examples | What are Incentives? (b)When using a tradeoff process, the following apply: However, you shouldn't interpret that to mean that normative thinking is completely absent in economics and especially in policy-making: both are important for well-formed policy. the characteristics of Political Culture is said to include: Norms and values of people and Ideas of how the political system should The impact (including cost) on small businesses. Which of the following is generally NOT considered to be a viable operational goal for a firm? O c. the profit motive. to slavery. The agency believes the In which form of government does a small group of elite people hold political power? B) combines the interests and inputs of shareholders, creditors, management, employees, and society. C) acquisitions Which answer is a translation of this natural language sentence into formal logic? BUY Macroeconomics: Private and Public Choice (MindTap Course List) 16th Edition ISBN: 9781305506756 Author: James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson Publisher: Cengage Learning expand_less See similar textbooks Related questions NVM I found them. Cooperative federalism respects the traditional Its like a teacher waved a magic wand and did the work for me. D) All are associated with this type of corporate governance regime. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. D) is the dominant form of corporate management in the European-Japanese governance system. The trade-off is taking the opportunity to have something, but in order to get that thing, you have to give up, or sacrifice, something else. (3) Proposals A trade-off involves a sacrifice that must be made to obtain a desired product or experience. Only you can reason whether sacrificing a name brand item to buy an additional snack is worth it to you. Information technology D) All of the above are TRUE. )The government pleases environmental TRUE OR FALSE: According to recent research, family-owned firms in some highly-developed economies typically outperform publicly-owned firms. Module Quiz 1 5.0 (4 reviews) The federal government and state governments allow someone's right to free expression to interfere with someone else's ability to exercise his or her own rights. D) maximize the total risk to the firm. . A) protect the rights of shareholders Which of the following is always considered an excludable good? (2) d. amygdala. D) all of the above. Cognitive Psychology Overview of Theory. B) minimize the total financial risk to the firm. A consulting firm had predicted that 35%35 \%35% of the employees at a large firm would take advantage of a new company Credit Union, but management is skeptical. pleases ranchers by allowing them to rent C. )The government pleases oil companies by A) typically avoids the flaw of impatient capital. The economy is managed by the workers b. C) patient capital. They suspect the rate is that high. The primary operational goal for the firm is to: He is an accredited wealth manager. (b) fulfillment of its Constitutional responsibilities. D) All of these responses may be possible and appropriate. What do you think is the most challenging subject? Direct link to Peter's post been there done that :-) Incorporation by reference of oral statements is not permitted. Opportunity cost is dependent on the trade-off and refers to what is being lost if you engage in the trade-off. raised? or. Direct link to ifaza makhdoom's post Occum's razor? If the contracting officer elects The Stakeholder Capitalism Model (SCM): For instance, A) 26.67% During October, the store made the following purchases: Oct.335units@$82each1245units@$84each1875units@$90each\begin{array}{rlr}\hline The relationship among stakeholders used to determine and control the strategic direction and performance of an organization is termed: Which of the following describes a public good? )The government pleases environmental activists A) maintaining a strong local currency with section 880 of the John S. McCain National Defense Authorization pluralist theory which theory of government is represented by the social movement "occupy wall strest" compromise Which of the following characterizes trade-offs and government Political power should go to the most educated and wealthy The elite theory of government maintains which of the following government policy is formed as a result of the outlined a path of devolution that could augment states' power. The scope and content of exchanges that may occur between the Governments participants and the offerors representatives as part of the oral presentations, including whether or not discussions (see 15.306(d)) will be permitted during oral presentations. Joe has a PhD in Economics from Temple University and has been teaching college-level courses for 10 years. A) maximize the wealth of all stakeholders. Economic resources are scarce. Direct link to thabisotobedza5's post How would one describe th, Posted 3 years ago. C) Executive management; auditors Civilian Agency Acquisition Council (CAAC), Interagency Suspension and Debarment Committee (ISDC). Work effort used in the production of goods and services. (1)Establish an evaluation team, tailored for the particular acquisition, that includes appropriate contracting, legal, logistics, technical, and other expertise to ensure a comprehensive evaluation of offers; (2)Approve the source selection strategy or acquisition plan, if applicable, before solicitation release; statements that describe opinions or how things ought to be. performance need not be an evaluation factor in lowest price technically A copy of the record placed in the file may be provided to the offeror. A) no minority influence 3701 Note), The fact that there is a limited amount of resources to satisfy unlimited wants. Short-term objectives are sacrificed to. Under the Shareholder Wealth Maximization Model (SWM) of corporate governance, poor firm performance is likely to be faced with all but which of the following? conservation but allows environmental activist Which of the following characterizes tradeoffs in government? C) maximize the consolidated after-tax profits of the firm. Which answer is the "inclusive or" translation of this natural language sentence? a. Making decisions requires trading off one item against another. true or false Click the card to flip false, Identify political tradeoffs in the Constitution, in political values, and in interests. B) culture, history, and institutions Which of the following broad topics is NOT identified as an area to be established as good corporate governance practice by the Organization for Economic Cooperation and Development (OECD)? D) the SCM model. C) minimization of the firm's effective global tax burden An official website of the General Services Administration. Chapter 2: The Constitution and Its Origins, Chapter 1: American Government and Civic Enga, Christina Dejong, Christopher E. Smith, George F Cole. objectives, measures, and standards that will be used to determine The way in which goods and services are distributed in a particular marketplace, c.The process of gaining control for the purpose of achieving governmental goals, c.Between state rights and federal rights. The Production Possibilities Frontier (PPF) is a graph that shows all the different combinations of output of two goods that can be produced using available resources and technology. B) mergers evaluation factors and significant subfactors that establish the A) the use of stock options to align the goals of shareholders and managers The location, date, and time for the oral presentations; (5) However, the comparative assessment in 15.305(a)(2)(i) does not A) socialism. Systematic risk can be defined as: determination, in accordance with the procedures contained in subpart 19.6 and 15 U.S.C.637(b)(7)). Economics is the study of how societies choose to do that. (g) Cognitive Psychology - Memory. I would definitely recommend Study.com to my colleagues. Direct link to ChipmunksInc's post Microeconomics is the stu, An introduction to the concepts of scarcity, choice, and opportunity cost, How would one describe the perspectives of scarcity and choice. D) is appointed by the Securities and Exchange Commission (SEC). D) communism. There are four economic resources: land, labor, capital, and technology. Liv gets $100 for her birthday and decides to spend the whole $100 on a new pair of shoes instead of using it for a nice dinner with her boyfriend or buying a new pair of jeans and a shirt or getting a gym membership. The Sarbanes-Oxley Act, passed by the U.S. Congress in July 2002, was designed to: 15.101-1Tradeoff process. factors. Direct link to grandiner2016's post I wanna know why that eve, Posted 3 years ago. The conclusion isn't that you should skip going out with your friends, but rather that you should evaluate the other alternatives, so you can make the smartest decision possible for you. - Definition & Example, Fixed Costs: Definition, Formula & Examples, Total Cost in Economics: Definition & Formula, Trade-Offs in Economics: Definition & Examples, Competitive Market: Definition, Characteristics & Examples, Convergence Theory: Definition & Examples, Crowding Out in Economics: Definition & Effects, Cyclical Unemployment: Definition & Examples, David Ricardo: Economic Theories & Concept, Deadweight Loss in Economics: Definition, Formula & Example, Demand-Pull Inflation: Definition, Theory, Causes & Examples, Diamond-Water Paradox in Economics: Definition & Examples, Diminishing Marginal Utility: Definition, Principle & Examples, Dumping in Economics: Definition & Effects, Economic Deregulation: Definition, Benefits & Example, Interest Group: Definition, Purpose, Theory & Examples, Intermediate Goods: Definition & Examples, Internal Stimulus: Definition & Explanation, Invisible Hand in Economics: Definition & Theory, Irving Fisher: Biography & Theory of Interest, John Maynard Keynes: Economic Theory & Overview, Joseph Juran's Theory & Definition of Quality, Keynesian Economics: Definition, History, Summary & Theory, Laissez Faire Economics: Definition & Examples, LM Curve in Macroeconomics: Definition & Equation, Macroeconomic Equilibrium: Definition & Overview, Marginal Analysis in Economics: Definition, Formula & Examples, Marginal Benefit in Economics: Definition & Example, Marginal Product of Labor: Definition, Formula & Example, Marginal Rate of Substitution: Definition, Formula & Example, Marginal Value in Economics: Definition & Theorem, Market Power in Economics: Definition, Sources & Examples, Medium of Exchange in Economics: Definition & Examples, Monopolistic Competition: Definition, Theory, Characteristics & Examples, Monopoly Power: Definition, Sources & Abuse, Moral Hazard in Economics: Definition & Examples, Multiplier in Economics: Definition, Effect & Formula, Oligopoly: Definition, Characteristics & Examples, Payoff Matrix in Economics: Theory & Examples, Perfect Competition: Definition, Characteristics & Examples, Perfectly Competitive Market: Definition, Characteristics & Examples, Post Hoc Fallacy in Economics: Definition & Examples, Potential Output in Economics: Definition & Overview, Price Ceiling in Economics: Definition, Effects & Examples, Business in Global Markets: Homework Help, Forms of Business Ownership: Homework Help, Entrepreneurship and Small Business: Homework Help, Managing and Leading in Business: Homework Help, Leadership Styles in Business: Homework Help, Business Production and Operations: Homework Help, Workplace Productivity & Motivation: Homework Help, Managing the Employer-Worker Relationship: Homework Help, Product Development and Retailing: Homework Help, Product Distribution & Supply Chain Management: Homework Help, Pricing Strategy in Marketing: Homework Help, Implications of Information Technology: Homework Help, Money and Financial Institutions: Homework Help, Information Systems and Computer Applications: Certificate Program, Intro to Excel: Essential Training & Tutorials, High School Marketing for Teachers: Help & Review, UExcel Workplace Communications with Computers: Study Guide & Test Prep, Effective Communication in the Workplace: Certificate Program, Effective Communication in the Workplace: Help and Review, What is Bluesnarfing? Which of the following best describes a monarchy? a. It provides the sense that one is part of a larger entity. Enrolling in a course lets you earn progress by passing quizzes and exams. A cats ferocious response to electrical A) Banks and other financial institutions are less important creditors than securities markets. D) 16.67%, PolyProduction Inc. has two classes of common stock. When using a tradeoff process, the following apply: (1) B) combines the interests and inputs of shareholders, creditors, management, employees, and society. If the contracting When cutting such programs, which of the following tradeoffs between short-run and long-run growth . In economics, a very basic trade-off can be understood as the idea that if you choose one thing, you are going to lose another. A state has been defined as a central impersonal bureaucracy that: All of the above All but one of the following is considered a political economic system. C) increased significantly in 2009 as a result of the international financial crisis. (a) A tradeoff process is appropriate when it may be in the best interest of the Government to consider award to other than the lowest priced offeror or other than the highest technically rated offeror. When discussing the structure of corporate governance, the authors distinguish between internal and external factors. C) spinouts from larger firms Signed into law on July 30, 2002, the ________ Act requires CEOs of publicly traded companies to vouch for the veracity of the firm's published financial statements. C) are not subject to the external forces of the marketplace. However, representations and certifications shall be submitted as required in the FAR provisions at 52.204-8(d) or 52.212-3(b), and a signed offer sheet (including any exceptions to the Governments terms and conditions) shall be submitted in writing. In economics, the term trade-off is often expressed as an opportunity cost, which is the most preferred possible alternative. Which method will result in the lowest income taxes for Right Now? the lowest price technically acceptable source selection process The impact on the efficiency of the acquisition; and. b. pituitary. C) may leave management without a clear signal about tradeoffs among the several stakeholders. Faced with this scarcity, we must choose how to allocate our resources. A) Smoot-Hawley . Things that are inputs to production of goods and services. Pro-life protestors and abortion clinics disagree on the legality of buffer zones dictating where protestors can stand. a. Another function of interest groups is to help educate the public. Psychology - The Biological Perspective, Communication - Writing Negative Messages Quiz level 3, Pre Exam Quiz 5; Human Development and Family Studies, Quiz Preview 10/ Psychology - Principles of Social Psychology, Quiz Facts 7' Psychology - Cognitive Functioning, Quiz Lot 2. OD. TRUE OR FALSE: Companies that are delisted cease to trade. D) All of the above are important distinguishing concepts. Wow, those are a lot of trade-offs! (a) offeror's proposal versus a competing proposal; (4) what place in your hometown would you write about for "The American Guide? their cattle in danger. As a grocery store shopper, you make a trade-off every time you put an item in your cart. The number of publicly traded firms: D) bought. The owner evaluates how much money he or she is going to spend and likely how much revenue or sales will be earned as a result of that investment. Answer in terms of differences in the tradeoffs countries can face. officer documents the file pursuant to 15.304(c)(3)(iii), past Show transcribed image text Expert Answer 100% (3 ratings) Answer : The correct answer is Option (D) . (6) B) maximization of after-tax income When entering into these types of decisions, it is important to consider the opportunity cost, which is the benefit that is being lost from the thing that is being sacrificed. 1956. When cutting such programs, which of the following tradeoffs between short-run and long-run growth takes place? B) lack of transparency Market Power Concept & Examples | What is Market Power? Which of the following characterizes tradeoffs in government?-Compromise Compromise Which of the following is an example of a public good?-National defense National defense Which of the following is a group that reflects the pluralist theory of government?- Labor union Labor union This relation can be described with a trade-off curve which shows what happens to the conduct of one part of the trade-off if you change the other part. In his book, The Power Elite, Mills argued that government was controlled by a combination of business, military, and political elites. Equity Financing Pros & Cons | What is Equity in Finance? TRUE OR FALSE: Regarding comparative corporate governance regimes: Bank-based regimes characterized by government influence in bank lending and a lack of transparency is often found in countries such as Korea and Germany. are evaluated for acceptability but not ranked using the non-cost/price Pretax Income Formula & Calculation | What is Pretax Income? Short-term objectives are sacrificed to achieve long-run growth. a.Voting, attending a rally, active membership in an interest group, engaging in protests or civil disobedience . When oral presentations are required, the solicitation shall provide offerors with sufficient information to prepare them. The first trade-off might be the four hours you are giving up that you could use to perhaps finish your term paper. A) Equity markets; executive management TRUE OR FALSE: The stakeholder capitalism model does not assume that equity markets are either efficient or inefficient. TRUE OR FALSE: Patient Capitalism is characterized by short-term focus by both management and investors. She is currently at University of Rhode Island completing her Ph.D. in Literature with a specialty in U.S. American Late Modernism focused on the work of William Faulkner. D) all of the above. Since your resources - such as time and money - are limited, you must choose how to best allocate them by making some trade-offs.
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