Question: Hello please help me to answer the true or false below. kindly briefly explain your answer thank you in advance. True or False 1. The

Hello please help me to answer the true or false below. kindly briefly explain your answer thank you in advance.

True or False 1. The principles of managerial economics are applicable only to a profit maximizing organization True False

2. Jollibee Foods Corporation recently signed with Globe Business, which is the ICT arm of Globe Telecom, to centralize its express delivery service to one convenient number #8-7000. This is the technology part of PESTLE Analysis True False

3. Jollibee Foods Corporation produces Halal foods for Kingdom of Saudi Arabia (KSA). The company also carries out a careful analysis of the culture, religion and social values. This refers to the economic part of the PESTLE Analysis True False

4. One of the pressing concerns regarding the Economic aspect of PESTLE Analysis of Jollibee Foods Corporation is the adverse effect of the Covid 19 pandemic. Weak consumer confidence has affected many of the businesses in the country. True False

5. While managerial economics are based primarily on microeconomics principles, they actually differ because microeconomics only provides an explanation on why the company experiences profits or losses, while managerial economics involves making an optimal decision given the current scenario of the organization. True False

6. PESTLE analysis is mainly an analysis of the micro-envirt. True False

7. The time value of money is an important aspect because the value of money in the future is higher than the value of the same amount of money today. It affects important decisions of the organization particularly the investment decision which has a longer horizon. True False

8. A manager can verify the veracity of existing theories which are important to managing an organization, for example, if sales really respond to marketing strategy by doing some regression analysis and conducting hypothesis testing. True False

9. The log-log regression is more advantageous than the linear regression because the coefficients provide the elasticity coefficients already. True False

10. To determine whether the effect of an explanatory variable is positive or negative on the dependent variable, we look at the p value. True False

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