In 2010, Toyota recalled millions of automobiles to fix a potentially hazardous problem known as sudden acceleration. Writing in the Wall Street Journal, James Stewart gave investors the following advice: "Toyota shares were over $90 as recently as Jan. 19, 2010. They closed Tuesday (February 02, 2010) at $78.18, which strikes me as a modest decline under the circumstances. If I owned shares, I’d seize the chance to get out.Required:
Would a believer in the efficient markets theory be likely to follow Stewart's advice?

Answers

Answer 1
Answer:

Answer:

Of course not. Someone that believes in the efficient market theory (or hypothesis as it is generally called), believes that the market is always right. As an individual investor, you might be right or wrong, but the market as a whole has access to perfect information and the price of each stock already has been determined factoring all possible events and outcomes. I.e. the market's price is always the correct price and there is no way in which an individual investor can make a profit by buying or selling undervalued or overvalued stocks.

Personally, I disagree with this hypothesis, and the reason why most people call is a hypothesis is that they disagree with it. If the market is always right, then this theory is no good.


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Describe the Software Development Life Cycle. Describe for each phase of the SDLC how it can be used to create software for an Employee Payroll System that allows employees to log the number of hours completed in a work period and then generate their pay.

Answers

idk well
i’m just
ok
pls
Also I do agree with that

SCENARIO:Marcus, feeling stressed out from work, decided to search for a meditation app for his phone that would help him relax during the day. One app, CalmDown, appeared to be promising. It didn't have any reviews yet and looked to be a brand-new app, so he decided to try it out. He downloaded the app to his phone and opened it up. The first screen required he enter in his name and email address. At the very bottom of the screen it had some small writing, but Marcus didn't notice it and hit the continue button.
Had Marcus clicked on the link at the bottom of the screen, he would have seen the following:
The second screen stated "Three-day trial version- Free! $59.99 annual fee thereafter." Marcus was annoyed that the app would cost him almost $60 but figured he would set a reminder on his phone to cancel the app before the trial period expired so he wouldn't get charged. Plus, he wanted to see the app in action. If it was actually worth the price, he wouldn't mind paying the annual fee. He clicked "Continue" and put in his bank card information on the next screen. The following screen asked Marcus a series of questions about his stress level and what he felt caused stress in his life. He clicked "high" and "work" as the level and cause. He then completed the first CalmDown meditation in the app, but was not impressed with its functionality. Deciding he would cancel his subscription immediately, he went into the profile settings to try to find the cancel option but couldn't. He searched every possible place on the app but didn't see a way to cancel the subscription. Marcus decided to try to find the app's developer through their website, but a quick search didn't turn up anything. Already stressed and becoming more frustrated, Marcus decided to contact the app store. They informed him that he should be able to go into his app store account and cancel the subscription there. However, when Marcus went there, he didn't see the app as an option or as a subscription. Thinking that maybe his subscription didn't process, he just deleted the app from his phone.
Marcus didn't give the app or the subscription any more thought, becoming increasingly more distracted by the amount of stress at work. Four months later, Marcus was looking at his bank account online and noticed it was lower than it should have been. He began reviewing the charges and noticed multiple charges for $59.99 to a merchant named "CDgotU." He immediately remembered the app and contacted his bank to dispute the charges. His bank replied that due to the charges being debit withdraws he needed to dispute them within 2 days of being made. Moreover, if he had been diligent about watching his account, they could have put a block on the account and the remaining fraudulent charges would have been prevented. The bank representative also told him that he should try to get a refund from the company that charged him. After making his case with the bank representative for several hours about how he tried to cancel his subscription, he was unsuccessful. The bank's representative was able to provide Marcus a phone number attached to the Merchant account, but when Marcus called the number it was disconnected. The bank could not provide him with any additional information such as a company address or website.
After more internet searching, Marcus saw a number of other complaints online about the app, and noticed it had been removed from the app store and was no longer available for download. Marcus decided to bring an action against the company for fraud, breach of contract, conversion, and several other claims in his home state of Vermont.

Can Marcus compel the bank or the app store to provide additional information about the creator of CalmDown in order to determine the creator's location and potential assets?
a. No, these records are not subject to being subpoenaed due to their confidential nature.
b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.
c. Yes, but he must subpoena these records prior to the filing of the complaint.
d. Yes, he can file interrogatories during the discovery process to both the bank and the app store.

Answers

Answer: b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.

Explanation:

Marcus can indeed compel the bank or the app store to provide additional information about the creator of the app should he wish to find out the creator's location and its potential assets so he can purse the case appropriately legal wise.

He can do this by subpoenaing the required information when laying the background for the suit. As this information is considered private and confidential however, both the bank and the store could appeal to the Judge to refuse Marcus's request on the grounds of privacy concerns.

Answer:

the anser is B

Explanation:

Sue has transferred her transferable interest of the partnership business to her creditor to discharge her debt. however, sue is an efficient manager and she still manages the business, even after the transfer. is she still a partner?

Answers

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Carruthers Company expects the following total sales:Month Sales
March $29,000
April $19,000
May $25,000
June $24,000
The company expects 70% of its sales to be credit sales and 30% for cash. Credit sales are collected as follows: 25% in the month of sale, 67% in the month following the sale with the remainder being uncollectible and written off in the month following the sale. The budgeted accounts receivable balance on May 31 is:
a. $22,320.
b. $18,750.
c. $13,125.
d. $11,725.

Answers

Answer:

Option (c) is correct.

Explanation:

It is assumed that all the sales cash and credit up to the month of April will be adjusted before 31st may.

Any receivables remaining as on 31st May are related to the sales of May only.

May Sales = $25,000

Out of which Cash sales adjusted in the same month:

= 30% of May sales

= 30% × 25,000

=$7,500

Remaining credit sales:

= May sales - Cash sales

= $25,000 - $7,500

= $17,500

Out of which 25% i.e. $4,375 received in May only.

The budgeted accounts receivable balance on May 31 is:

= Remaining credit sales - Received 25% in May

= 17,500 - 4,375

= $13,125

Alejandro is the type of manager who completely focuses on efficiency, and he assumes workers are rational. Alejandro is probably applying the ________ viewpoint.

Answers

Alejandro is probably applying the quantitative viewpoint.

What is quantitative viewpoint?

The quantitative viewpoint is the one that lay emphasis on efficiency. This viewpoint means that the questions we form can be best answered with some analytical thinking.

There are different types of managers, however, quantitative viewpoint assumes workers are rational hence focuses on efficiency of workers.

Hence, Alejandro is probably applying the quantitativeviewpoint, which is the type of manager who completely focuses on efficiency, and assumes workers are rational.

Learn more about types of manager here : brainly.com/question/25644417

Final answer:

Alejandro is likely applying the Taylorism viewpoint in management, which focuses on work efficiency and views workers as rational beings. This theory, developed by Fredrick Taylor, is also known as scientific management and encourages task standardization to improve productivity.

Explanation:

Alejandro, who focuses on efficiency and assumes workers are rational, is likely applying the Taylorism viewpoint. This management theory, developed by Fredrick Taylor, is also known as scientific management or "stop-watch management."

Taylorism emphasizes the standardization of work tasks to improve efficiency, often at the loss of human interaction and collaborative work environments. Taylor's system sought to improve factory efficiency by reducing tasks to short, repetitive actions.

Therefore, managers who completely focus on efficiency, as Alejandro does, typically follow Taylor's principles of scientific management. This management style views workers as rational beings who are fundamentally driven by the need for efficiency and productivity in their roles.

Learn more about Taylorism here:

brainly.com/question/33808145

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"Ginny sells bottled water from a small stand by the beach. On the last day of summer vacation, many people are on the beach, and Ginny realizes that she can make a lot more money this day if she hires someone to walk up and down the beach selling water. She finds a college student named Eric and makes him the following offer: They'll each sell water all day and split their earnings (revenue minus the cost of water) equally at the end of the day. Ginny knows that if they both work hard, Eric will earn $90 on the beach and Ginny will earn $180 at her stand, so they will each take home half of their total revenue: $90+$1802=$135 . If Eric shirks, he'll generate only $50 in earnings. Ginny does not know that Eric estimates his personal cost (or disutility) of working hard as opposed to shirking at $25."

Answers

Answer:

Explanation:

Once out of Ginny sight, Alex faces a dilemma: Work very hard (put in all effort) or shirk (put in little effort). If he works hard, he'll sell enough water to generate $90 in earnings (not including his personal cost). If he shirks, he'll only generate $50 in earnings. After the end of the work, he'll split his earnings with Ginny and also get half of what she earns at her stand. In terms of Eric's total utility, it is worse for him to work hard. Close A If Alex works hard, Alex and Sunita together earn $270 ($180 + $90), of which Eric keeps $120. However, he loses $20 worth of utility by working hard. Therefore his net earnings is $100. If he shirks, Eric and Ginny together earn $270 ($200+ $70), of which Eric will keeps $120, while his personal cost is zero. Therefore Alex, individually, is better off when he shirks. A more better way of finding the solution to the problem is to note that from Eric's view, the amount of money he gets from Ginny's sales from the stand does not rely on his own sales.