Weak ringgit a boon for exporters but higher raw material prices could negate positives By Seah Eu Hen, edited by Ahmad Naqib Idris- theedgemarkets.com April 28, 2022 08:00 am +08 KUALA LUMPUR (April 28): While exporters are usually touted as the clear winners of a weak Malaysian ringgit, it is not as clear-cut this time around as companies also experience a rise in raw material prices, amid the recent chain of unprecedented events. Despite the recent rally in crude palm oil (CPO) futures and Brent crude oil prices to near-record highs which would usually be positive for a net commodity exporter like Malaysia - the ringgit cracked under pressure against the US dollar and the Singapore dollar. S The ringgit hit 4.32 against the greenback - its weakest level since May 2020 - last Friday (April 22), and depreciated to a record low of 3.1766 against the Singapore dollar on Tuesday (April 26) amid the hawkish sentiment ahead of the US Federal Reserve's (Fed) Federal Open Market Committee (FOMC) meeting and the economic slowdown in China. At the time of writing, the ringgit traded at 4.3585 against the US dollar and 3.1621 against the Singapore dollar. Although a weak currency could be a boon for exporters and bane for importers, market observers said that the current situation - exacerbated by unprecedented events such as the Covid-19 pandemic and global supply chain disruption will not be the same as the aftermath of previous inflation cycles. Areca Capital Sdn Bhd chief executive officer (CEO) Danny Wong said that exporters with products or services quoted in US dollar such as glovemakers, electrical and electronics (E&E) players, petrochemical, commodities and furniture producers, would benefit from higher revenues and better margins as their products become more competitive with a "cheaper" ringgit. - Similarly, Hong Leong Investment Bank Research (HLIB) head of retail research Ng Jun Sheng also said that investors should look at semiconductor companies, electronics manufacturing services (EMS) providers, electrical & electronics (E&E) players, wooden furniture manufacturers and plastic packaging companies. However, he pointed out that the weak ringgit could cancel out the potential positives for exporters, as raw material prices have also increased. "[The weak ringgit] may not really benefit exporters because the raw material prices which have gotten very expensive have driven up input costs. [The exporters] might not benefit as much compared to the previous inflation cycle around 2015/2016. "The inflation is a lot more serious this time around. Even though the selling price is high, the input prices are even higher. On a net-net basis, the question would be whether selling prices would prevail over the higher input costs, Ng said. Meanwhile, those that do not stand to benefit from a weaker ringgit include companies in the automotive, consumer and construction sectors, he added. Another analyst that declined to be named said companies in the construction, property and consumer sectors could see some margin compression amid the higher input costs and supply chain disruption. "The supply chain disruption is a different topic which affects their revenue recognition. However, purely on forex alone, the impact should be net positive, but we think that the ringgit will strengthen by the end of 2022, so any tabulations [for winners and losers] is premature given the ringgit's volatility currently," the analyst said. Meanwhile, Areca Capital's Wong said investors should watch out for companies with US dollar- denominated borrowings such as equipment-heavy companies, which would need to pay more to service their debt. "However, cash-rich companies with foreign assets/cash would have better valuation gains, especially those companies with foreign subsidiaries in the US and Singapore. Companies whose investment portfolios have overseas exposure such as banks will also have better returns when i marked-to-market," Wong highlighted. Nonetheless, Wong believes that the weakening of the ringgit and the weakness in Malaysian equities and fixed income markets may attract some foreign fund flow.

In a level strategy, the key aspect that is kept uniform from month to month is the production or workforce levels. The correct option is E.

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Answer:

one has to do with advertising for a career and the other for the public and the well-being of others. also, celebrity advertising is for one person while public service advertising is for many.

Explanation:

Answer:

intent

Explanation:

Answer:

a

Explanation:

The Three (3) types of managers in Project Management are project manager, program manager and portfolio manager.

 
Manager Type: Project Manager
Authority: Has authority over the project team and project resources
Power: Has the power to make decisions related to the project
Decision Making:  Responsible for making decisions related to the project
Scope of Responsibility: Responsible for the successful completion of the project
Role: Oversees the planning, execution, and completion of the project

Manager Type: Program Manager
Authority: Has authority over multiple related projects
Power: Has the power to make decisions related to the program
Decision Making: Responsible for making decisions related to the program
Scope of Responsibility: Responsible for the successful completion of the program
Role: Oversees the planning, execution, and completion of the program  
 
Manager Type: Portfolio Manager
Authority: Has authority over multiple programs and projects
Power: Has the power to make decisions related to the portfolio
Decision Making: Responsible for making decisions related to the portfolio
Scope of Responsibility: Responsible for the successful completion of the portfolio
Role: Oversees the planning, execution, and completion of the portfolio

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It will take Marie 19 months (period) to pay for the bike she bought for $400, paying $25 each month at an Annual Percentage Rate of 21%.

The period of payment can be determined using an online finance calculator as follows:

I/Y (Interest per year) = 21%

PV (Present Value) = $400

PMT (Periodic Payment) = $25

FV (Future Value) = $0

Results:

N (# of period ) = -18.935

Sum of all periodic payments = $473.38

Total Interest = $73.38

Thus, Marie needs 19 months to pay for the bike plus accumulated interest.

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The available options are:

A. List the options.

B. Evaluate the decision/choice.

C. State the problem.

D. Determine the pros and cons.

Answer:

State the problem.

Explanation:

In a situation like this, it is expected that the first step to take to solve the problem is that Michelle should understand the reason, she wants to put the product on the window display. This includes knowing what she will benefit by placing the product on the window display and which product she wants to display. This process which is the first step in the problem-solving technique is known as STATE THE PROBLEM.

Hence, the right answer is State the Problem.

Answer:

See below.

Explanation:

Paying rent is a need while buying a new video game is a want. This is an example of opportunity cost.

Answer:

NEED, WANT, REALIZING OPPORTUNITY COST

Explanation:

JUST DID IT

Answer:

b) loose measure

Explanation:

excavated soils is less dense and considered loose

The volume of a pile of soil that has just been excavated is known as loose measure. Hence the correct answer is option (B).

The term "loose measure" describes the volume of soil or other material as it exists naturally and uncompressed. Because there is little compaction present when soil or other material is dug, it usually becomes loose and takes up more space. This approximate volume is frequently used to calculate how much dirt or other material has been moved or dug.

The further choices are not particularly connected to the quantity of excavated soil:

The term "bank measure" often refers to the volume of a substance in its unprocessed state, which includes both solid and empty components.

The volume of material that has been compressed or compacted to decrease void spaces and improve density is referred to as a "compacted measure."

The volume of material that is extracted or borrowed is referred to as a borrow measure.

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inequality can be used to determine the number of hours,

Calculate the hourly rate by dividing the number of hours worked (22.5h) by the flat charge (22.5h + 35), and the result must be equal to or higher than the amount he anticipates earning 22.5h + 35 ≥ 215 , with a solution of h ≥ 8

In mathematics, inequalities specify the connection between two non-equal numbers. Equal does not imply inequality. Typically, we use the "not equal sign ()" to indicate that two values are not equal. But several inequalities are utilized to compare the numbers, whether it is less than or higher than.Inequality examples: what are they?

The equation-like form of the formula 5x 4 > 2x + 3 has an arrowhead in place of the equals sign. It is an illustration of inequity. This shows that the left half, 5x 4, is bigger than the right part, 2x + 3.

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The kinds of things should a business keep in mind when looking for facilities are space, location and cost.

“Facilities” are tangible objects built or installed for a specific purpose. Facilities support organizations. Maintenance of buildings, IT infrastructure and services, lighting, furnishings, and premises.

Facilities Management (FM) focuses on how these facilities are managed. It can be defined as a management discipline that ensures effective and efficient support services for various organizations.

It is a function within an organization focused on integrating people, processes, places and technology into existing environments to improve organizational productivity and people's quality of life.

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Answer:

Introduction

The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).

Option b. charge a price that would give/provide a reasonable bookstore price to students and an acceptable profit to distributors and 3M.

Businesses can use different pricing strategies when selling their products and services.

To determine the most effective pricing strategy for a company, executives must first identify the company's pricing position, price segments, pricing capabilities, and competitive pricing strategies.

Pricing strategies and tactics vary from company to company and vary across countries, cultures, industries and over time as industries and markets mature and general economic conditions change.

A pricing strategy determines the price a company sets for its products. Pricing can be set to maximize profitability from each unit sold or the market as a whole.

It can also be used to defend an existing market from new entrants, increase market share within a market, or enter new markets.

Pricing strategies can bring both competitive advantages and disadvantages to a company, and often determine the success or failure of a company. Therefore, choosing the right strategy is important.

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Complete question:

3M's pricing strategy for its Post-it ® Flag Highlighters was as follows:

a. match its principal competitors' highlighters' prices.

b. charge a price that would give a reasonable bookstore price to students and an acceptable profit to distributors and 3M.

c. set an initially low price with the intent of bringing down the price even further later if sales were less than anticipated.

d. make the product easier to purchase by placing the Post-it ® Flag Highlighter in discount office supply retailers.

e. use the same pricing strategy as its 3M's Post-it ® Flag and Post-it ® Note offerings.

Answer:

WHY FAST?

Explanation:

If a company arranges to pay later rather than in cash for materials and other expenses, its accountant must set up an account payable.

This account records the amount owed to vendors or suppliers for goods or services received but not yet paid for. The account payable is a liability and is considered short-term debt that needs to be paid within a specific timeframe.

The accountant needs to closely monitor the account payable to ensure that payments are made on time and to avoid any late fees or penalties. Proper management of the account payable can help improve a company's cash flow and financial health.

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The Ohio State Studies were a series of research studies conducted in the late 1940s and early 1950s by a team of researchers from Ohio State University. The studies aimed to identify the key behaviors exhibited by effective leaders in order to provide a framework for leadership development.

One of the key findings of the Ohio State Studies was that effective leaders exhibited two types of behavior: consideration and initiating structure. Consideration refers to the extent to which a leader is supportive, friendly, and approachable toward their employees. Initiating structure, on the other hand, refers to the extent to which a leader is task-oriented, organized, and focused on achieving goals.

Now, to connect this to the behavior of the CEO at Green Inc., it appears that the CEO is exhibiting a high degree of initiating structure. By establishing a fixed workflow system and monitoring it closely, she is demonstrating a focus on achieving goals and ensuring that tasks are completed efficiently. This is in line with the behavior of job-centered leaders identified in Ohio State Studies.

However, it is unclear from the information provided whether the CEO is also exhibiting consideration toward her employees. The fact that she is strictly monitoring the communication process could suggest that she is not particularly approachable or supportive towards her employees, which would be at odds with the behavior of employee-centered leaders identified in Ohio State Studies.

In conclusion, the steps taken by the CEO at Green Inc. reflect the behavior of job-centered leaders suggested by Ohio State Studies. However, without more information about her behavior towards her employees, it is difficult to determine whether she is also exhibiting consideration toward them.

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When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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Answer:

higher actual revenue than the standard revenue

Explanation:

Nonprofits do participate on management activities to assist in achieving their objectives.

Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.

Each of these tasks is essential to helping firms operate effectively and efficiently. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are the seven functions of management, or POSDCORB, that Luther Gulick, Fayol's predecessor, further defined. The formal definition of management principles is the planning, organizing, and control of basic element operations.

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The best reason for homebuyers to create a budget before taking out a mortgage is to : Plan how to pay off the money they have borrowed.

A mortgage is an agreement(legal) between a bank and the buyer in which the bank lends money to the buyer to purchase a house.

When a buyer takes a mortgage, the buyer agrees to pay back the money in full with an agreed interest rate, at a stipulated time.

Types of actions that can be taken with a mortgage are :

Therefore, the best reason for homebuyers to create a budget before taking out a mortgage is to plan how to pay off the money they have borrowed.

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Answer:

b

Explanation:

Not understand the messages or commands being given. They could choose to not ask for further information thus making it a higher chance they they will make a mistake.

Answer:

Proper tax planning makes it easier to build your personal finances and afford the things you want. Additionally, by anticipating taxes when you create your financial plan, it's possible to significantly boost how much money you will have in retirement.

Explanation:

The four phases of the business cycle are expansion, peak, contraction, and trough.

The business cycle consists of four phases: expansion, peak, contraction, and trough.

The expansion phase is marked by economic growth, as businesses invest in capital and hire more workers.

The peak phase is the highest point of the business cycle, with businesses at their peak. The contraction phase is marked by economic decline, as businesses lay off workers and investment slows down. The trough phase is the lowest point, with an average length of one year.

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The Complete Question

What are the four phases of the business cycle and how long does each phase typically last?

The equation for the consumer's demand curve for X when I > Px is X^d = 1/2Px.

The demand curve for a good represents the relationship between the price of the good and the quantity of the good demanded by the consumer. The consumer's utility function, U(X,Y) = XY + Y, represents the consumer's preferences and their ability to derive satisfaction from consuming X and Y.

To determine the demand curve for X, the consumer's marginal utility of X must be calculated and equated to the price of X, which is Px. The marginal utility of X is the change in total utility that results from a small increase in the consumption of X.

The equation X^d = 1/2Px represents the consumer's demand curve for X, where X^d is the quantity of X demanded and Px is the price of X.

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Answer: Higher scores can make creditors more confident that you will repay your future debts as agreed.

In order for the obtained correlation to be significant, it must exceed a critical value that corresponds to the desired level of confidence, often set at 0.05 (95% confidence) or 0.01 (99% confidence).

Significance in relation to correlations takes into account the probability that the observed correlation is due to chance.

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Answer: tax payers

Explanation: tax payers fund the military for all of its needs

Credit Unions are nonprofit financial institutions that accept deposits, provide loans, and offer other services. As a result, choice (A) is right.

A nonprofit organization (NPO) or non-profit organization is a legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business with the goal of making a profit for its owners. It is also referred to as a non-business entity,[1] or nonprofit institution,

The non-distribution constraint applies to nonprofit organizations, which means that any surplus funds must be used to further their mission rather than being distributed to other parties.

A wide range of organizations, including certain political organizations, schools, business organisations, churches, social clubs, and consumer cooperatives, are nonprofit. Governments may grant tax-exempt status to nonprofit organizations, and some may be eligible for tax-deductible donations. However, an organization can establish as a nonprofit organization without obtaining tax-exempt status.

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Fixed-rate loans  and first-time buyers go together pretty well. It allows those who aren’t experienced in repaying such a large loan amount to manage their budget with fixed payments for a set period. For the first-time buyer, fixed-rate mortgage options make a lot of sense.

However, getting a mortgage as a first-time buyer isn’t as plain sailing as many hopeful homeowners would like. There are strict criteria demanded by lenders and a host of additional costs on top of what you’re likely to pay for the house.

What is a fixed-rate loans ?

Buyers choose a fixed interest rate over a set period, allowing them a precise figure to budget for over the next two, five, or even ten years.

What is a first-time buyer?

A first-time buyer hasn’t bought or owned a home or engaged in a mortgage before, whether solely or part of a joint mortgage or a shared ownership scheme.

Is fixed rate loan a good idea?

A fixed term rate can be advantageous in a few different ways: Peace of mind that you rate is locked in and won't change for a set time. Budget consistency. Locking in when rates are a low can save you money should variable rates go up during the fixed term.

Is it better to have a fixed or variable rate loan explain?

Borrowers who prefer predictable payments generally prefer fixed rate loans, which won't change in cost. The price of a variable rate loan will either increase or decrease over time, so borrowers who believe interest rates will decline tend to choose variable rate loans.

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The consequences of an avoiding conflict managment strategy is both parties lose. question 3 options: TRUE

Conflict Resolution Techniques

When faced with conflict, we have a number of options to consider:

Using formal authority or other sources of power without consideration for the concerns of the other party you are at odds with is known as "forcing."

Allowing the other person to address their problems while putting aside your own is being accommodating.

Avoiding means ignoring the problem and not making any attempts to find a solution for the conflict

Compromise is the process of trying to reach an agreement that will satisfy both parties to some extent while totally satisfying neither.

Working together to address the other party's issues and your own in an effort to get to a mutually satisfying resolution is known as collaboration (win-win).

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