Former GE CEO Jack Welch was well known for his idea of firing the poorest 10% of the company's workers; Welch would not accept underperformers and was aware that these individuals would bring down other members of the business.
Who was Jack Welch?
From 1981 to 2001, Jack Welch served as the chairman and CEO of General Electric (GE). Welch oversaw a significant rise in GE's market value from $14 billion to $410 billion. After completing his Ph.D. in chemical engineering from the University of Illinois at Urbana-Champaign, Welch started working at GE as a junior engineer in 1960. Between 1981 and 2001, he worked his way up the corporate ladder to become the company's chair and CEO.
Welch repeatedly threatened to leave the company in his early years of work because of ineffective bureaucracy. But he sought to reduce red tape and boost growth in his capacity as CEO and chair.
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question 1 the following file describes the situation faced by a landscaping company, 'landscaping solutions'. if there is great weather, the company takes the following hours to complete a driveway, backyard, front yard, back verandah, and front porch: 20, 30, 25, 25, and 20 hours respectively. good weather increases all times by a factor of 1.1. bad weather increases all times by a factor of 1.25. stormy weather increases all times by a factor of 1.5. a natural disaster increases all times by a factor of 2.0 great weather, good weather, bad weather, stormy weather, and a natural disaster have the following probabilities of occurrence: 0.6, 0.25, 0.1, 0.04, and 0.01 respectively. all these probabilities (weightings) sum to 1.
The Landscaping Solutions company takes the following hours to complete a driveway, backyard, front yard, back verandah, and front porch in great weather: 20 hours, 30 hours, 25 hours, 25 hours, and 20 hours respectively.
Explanation of complete answer:In good weather, the company takes 1.1 times longer to complete each task than in great weather, so the hours taken for each task would be: 22 hours, 33 hours, 27.5 hours, 27.5 hours and 22 hours respectively.
In bad weather, the company takes 1.25 times longer to complete each task than in great weather, so the hours taken for each task would be: 25 hours, 37.5 hours, 31.25 hours, 31.25 hours and 25 hours respectively.
In stormy weather, the company takes 1.5 times longer to complete each task than in great weather, so the hours taken for each task would be: 30 hours, 45 hours, 37.5 hours, 37.5 hours and 30 hours respectively.
In a natural disaster, the company takes 2 times longer to complete each task than in great weather, so the hours taken for each task would be: 40 hours, 60 hours, 50 hours, 50 hours and 40 hours respectively.
The probability of each type of weather occurring are: great weather (0.6), good weather (0.25), bad weather (0.1), stormy weather (0.04) and natural disaster (0.01) respectively.
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A commercial bank is facing the conditions given above. If the reserve requirement is 12 percent and the bank does not sell any of its securities, the maximum amount of additional lending this bank can undertake isa. $3,009b. $3,005c. $3,000
The circumstances mentioned above affect a commercial bank. The bank's maximum amount of extra lending is $3,000 if the reserve requirement is 12 percent and it doesn't sell any of its securities.
Which commercial bank do you mean?A commercial bank is a type of financial organisation that allows customers to deposit money and provides loans for profit-making investments and consumer spending. A commercial bank exist as a type of financial organisation that offers its clients products and services like loans, CDs, savings accounts, overdraft protection, and other financial products. By providing loans to individuals and collecting interest on those loans, these institutions are able to make money. Public sector, private sector, foreign, and regional rural banks are additional divisions of commercial banks (RRB). In contrast, there are urban and rural categories for cooperative banks. In addition to this, the structure recently added a payments bank.To learn more about commercial bank, refer to:
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TRUE OR FALSE if a company performed services for credit, then the debit side of the journal entry would be to accounts payable and the credit would be to service revenue.
The statement above is false. It is because the service provider company should credit Accounts Receivable if a company provides services to a customer on credit.
In economic and accounting, A journal entry generally can be defined as a record of a business transaction in your business books. The function of journal entry is to tracks transaction all with journal entries, it is needed by a bookkeeper Because a transaction can create a lot of changes in a business. There are several types of journal entries, there are Opening entries, Transfer entries, Closing entries, Adjusting entries, Compound entries, and Reversing entries.
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based on the following account balances as of and for the year ended 12/31/x4, compute company a's net income. assets $7, shareholder equity $7, revenues $4, liabilities $7, expenses $5, dividends $9.
Company A's net income is $1.
The formula for Net Income is
Net Income = Gross Income - Total Expenses
To categorize the given information, Assets, Liabilities, and Expenses come under expenses and contribute to Total Expenses
Total Expenses = Assets + Liabilities + Expenses = $7 + $7 + $5 = $19
To categorize the given information, Shareholder Equity, Revenues, and Dividends come under the amount of money earned and contribute to Gross Income.
Gross Income = Shareholder Equity + Revenues + Dividends = $7 + $4 + $9 = $20
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Identify the financial instruments based on the following descriptions. Issued by a nonfinancial firm, these financial instruments are guaranteed by a bank. There is less risk involved because of bank backing.
A physical or digital document that represents a contract including any form of monetary value is referred to as a financial instrument.
What is financial instrument in business finance?A physical or digital document that represents a contract including any form of monetary value is referred to as a financial instrument. Cash instruments and derivative instruments are the two categories into which financial instruments can be categorized. Capital market tools guarantee a smooth flow of money across an economy. They contribute in the balanced growth of the economy by encouraging investments and savings by transferring excess cash from investors to those in need of financing for expansion. Primary and secondary markets are the two segments of the capital market. Financial instruments are exchanges of money between two parties. They are able to be produced, exchanged, changed, and settled.Financial instruments are exchanges of money between two parties. They are able to be produced, exchanged, changed, and settled. They could be money, legal proof of ownership in a company, a legal right to receive or distribute money under a contract, debt, stock, or derivatives.To learn more about financial instrument refer to:
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A common ethical dilemma faced by the management of Wheel Deals Corporation involves the effect that its decision will have on
a. one group as opposed to another.
b. the firm's competitors.
c. the government.
d. all of the choices.
The management of Wheel Deals Corporation frequently wrestles with ethical decisions including the impact of their choices on one group vs another. Hence the correct option is A.
An ethical dilemma is one in which a decision must be made between two or more morally right options or between equally wrong courses of conduct when making one decision precludes making the other.
The degree of ethical behaviour in a company is influenced by a variety of individual, societal, and opportunity elements.
The knowledge stage is the initial stage. It starts before you have to make an ethical choice. As suggested by the stage's name, this one is focused on understanding many factors that influence how ethical decisions are made.
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Suppose that the production of a $30,000 automobile in Canada requires $10,000 worth of steel. The Canadian nominal tariff rates for importing these goods are 25 percent for automobiles and 10 percent for steel. Given this information, the effective rate of protection for the Canadian automobile industry is approximately: -32 percent Suppose an importer of steel is required to pay a tariff of $20 per ton plus 5 percent of the value of steel. This is an example of a (an): -Compound tariff A compound tariff is a combination of a (an): -Specific tariff and an ad valorem tariff If the domestic value added before an import tariff for a product is $500 and the domestic value added after the tariff is $550, the effective rate of protection is: -10 percent When a tariff on imported inputs exceeds that on the finished good: -The nominal tariff rate on the finished product would tend to ove At Ask Expert Tutors Answers in as fast as 15 minutes The offshore assembly provision in the U.S: -Provides favorable treatment to products assembled abroad from
The Canadian automobile industry is effectively protected at a rate of about -32 percent. This is due to the fact that a $30,000 car takes $10,000 worth of steel to produce it in Canada, where the nominal tariff rate for steel imports is 10% but the rate for cars is 25%.
This results in a net reduction in protection for the Canadian vehicle industry because the tariff on steel is lower than the tariff on cars. A duty of $20 per tonne plus 5% of the steel's worth must be paid by steel importers. This is an illustration of a compound tariff, which combines an ad valorem(the 5 percent of the value of steel) and a particular duty (the $20 per tonne). The effective rate of protection is 10% when a product's domestic value added before an import tariff was $500 and domestic value added after the tariff was $550. This is due to the $50 increase in domestic value added, which translates to a 10% increase in the product's value added. The nominal tariff rate on the completed good would likely to overestimate the level of protection for the domestic industry when a tariff on imported inputs is higher than that on the finished good. This is because any protection afforded by the higher tariff on the completed good would be outweighed by the greater cost of manufacturing for the domestic industry caused by the higher input tariff. Products that are assembled abroad from components made in the United States receive preferential treatment under the country's offshore assembly law. This clause permits the reduction or elimination of tariffs on goods that are put together abroad from components made in the United States, incentivizing businesses to buy American components and put them together outside.
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Which of these pairs is an agency?
1.Tax Preparer/Taxpayer (True,False)
2.Teacher/Student (True,False)
3.Retail Clerk/Customer (True,False)
4.Attorney/Client (True,False)
Using the above pairings, which is the Principal and which is the Agent?
5.Tax Preparer/Taxpayer
A.Tax Preparer is the agent and Taxpayer is the principal
B.Tax Preparer is the principal and Taxpayer is the agent
C. No agency
6. Teacher/Student
A.Teacher is the agent and Student is the principal
B.Teacher is the principal and Student is the agent
C.No agency
7.Retail Clerk/Customer
A.Retail Clerk is the agent and Customer is the principal
B.Retail Clerk is the principal and Customer is the Agent
C.No agency
8.Attorney/Client
A.Attorney is the agent and Client is the principal
b. Attorney is the principal and Client is the agent
C.No agency
1. False
2. False
3. False
4. True
5. A. Tax Preparer is the agent and Taxpayer is the principal
6. A. Teacher is the agent and Student is the principal
7. A. Retail Clerk is the agent and Customer is the principal
8. A. Attorney is the agent and Client is the principal
What is agency?Agency is the capacity of individuals or groups of people to act independently and to make their own free choices. This can be in relation to a range of topics, from political decision-making to economic productivity and social inclusion. Agency is an important concept in sociology, psychology and economics, as it has implications for how individuals and groups are able to shape their own lives and social environments. Agency is often seen as a key factor in understanding how individuals can successfully navigate their own lives in a world shaped by larger economic, political and social forces. Agency is also important in understanding the process of social change, as it helps us to understand how individuals can work together to create positive outcomes. Agency is thus an important concept for understanding and amplifying the power of individuals and groups in creating change.To learn more about agency refer to:
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recall that the balance sheet reports the equality of the accounting equation and would include which of the following amounts? (check all that apply).
Retained earnings balance at end of the period, Total Assets, and Total Liabilities will be included.
How does the balance sheet differ depending on the accounting equation?The connection between the three items on a balance sheet—assets, liabilities, and equity is depicted by the accounting equation. When everything else is equal, a company's equity will rise along with its assets, and vice versa. Equity will drop if obligations are increased, however, equity will rise if liabilities are decreased, for as by debt being paid off.
How is an accounting equation calculated?The foundation of the financial statement is contained in the balance sheet: Find the firm's revenue assets on the relevant balance sheet. Add up all of the liabilities, which ought to be listed separately on the income statement. Add the total liabilities to the amount of total shareholder equity.
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which of the following best describes the method used by most progressives to solve the problem of economic power and its abuses?
Regulate big business best describes the method used by most progressives to solve the problem of economic power and its abuses.
Option B is correct.
How did progressives feel about large corporations?The progressives, as they were known, worked to make the United States of America a better and safer place to live. Through a variety of regulations, they attempted to encourage greater corporate responsibility.
What is the primary objective of progressives?The issues brought on by rapid industrialization, urbanization, immigration, and political corruption were addressed by progressives; and as a result of the massive concentration of industrial ownership in monopolies. The spread of slums, poverty, and what they perceived as labor exploitation alarmed them.
Question is incomplete:
which of the following best describes the method used by most progressives to solve the problem of economic power and its abuses?
A . Regulate small enterprise
B. Regulate big business
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Do you think this was an effective strategy for Pepsi? Do you think this resonated with the Millennial generation?
The campaign significantly increased their positive sentiments and brand equity in the digital domain. Sales for the brand, however, kept declining. Despite the fact that Pepsi may have attracted some new customers as a result of recent publicity, the company's sales continued to decline year over year.
What is brand equity?A brand's value is referred to by the marketing phrase "brand equity." The way consumers perceive and interact with a brand influences its value. A brand has good brand equity if consumers are fond of it. In marketing, brand equity refers to a brand's intrinsic value, or the perceived social value of a well-known brand name. Due to consumers' perceptions that products from well-known brands are superior to those from lesser-known brands, the owner of a well-known brand name can make more money just by virtue of brand recognition.
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refer to exhibit 4-9. suppose that the government imposes a price ceiling at a price of $10. the number of units that would be exchanged in this market would be group of answer choices 150, since that is the equilibrium quantity and the price ceiling is below the equilibrium price. 220, since that is the number of units demanded at the price ceiling (and the quantity demanded is greater than the quantity supplied). 90, since that is the number of units supplied at the price ceiling (and the quantity supplied is less than the quantity demanded). 155, since that is the average of the quantity demanded and the quantity supplied at the price ceiling.
Refer to...a price ceiling at a price of $10. the number of units that would be exchanged in this market would be 150, since that is the equilibrium quantity and the price ceiling is below the equilibrium price.
Give a brief account on price ceiling.The maximum price at which products and services may be offered is referred to as a price ceiling or price cap. It is a form of price regulation and the maximum price that may be charged. When prices appear to be out of control or overly high, it is frequently established by government officials to assist consumers. A price ceiling is something like rent controls, which set a maximum rent that landlords can charge per month for apartments. Another illustration of a typical price ceiling is limits on the price of prescription medications and laboratory testing. A doctor's reimbursement for a procedure, therapy, or office visit is frequently subject to caps set by insurance providers.
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The complete question is mentioned below :
Refer to exhibit 4-9. suppose that the government imposes a price ceiling at a price of $10. the number of units that would be exchanged in this market would be group of answer choices 150, since that is the equilibrium quantity and the price ceiling is below the equilibrium price. 220, since that is the number of units demanded at the price ceiling (and the quantity demanded is greater than the quantity supplied). 90, since that is the number of units supplied at the price ceiling (and the quantity supplied is less than the quantity demanded). 155, since that is the average of the quantity demanded and the quantity supplied at the price ceiling.
Please solve all three questions and show all steps.
Answer:
gwhshbdbdnxbfbdb
Explanation:
bbebdhbdhdbd
for each of the following variables, identify the type of variable (numeric or categorical)
and level of measurement (nominal, ordinal, interval, or ratio).
a. Total flight time of the second-year pilots in American Airline
b. Gender of the second-year pilots in American Airline
c. Average pilot salary of OECD countries
d. The number of Airplane runways at US National Airport
The types of variables will be:
a. Numeric,
b. Categorical,
c. Numeric,
d. Numeric,
What is a variable?A variable can be defined as the quantity and the set that can be identified. A categorical variable is one where the group is being made and organized. The numeric value is the one that can be measured.
A. A ratio must always be positive because the total flying time cannot be negative. This information has a defined zero point and can be stated numerically.
B. As gender can always be ranked as well as Categorical, the answer is b. categorical and nominal. There is no order to the data, which is expressed as names and labels.
C. In numbers, the ratio is always positive because the typical pilot compensation is positive. This information has a specified zero point and can be stated numerically.
D. Ratio, since the number of runways will never be negative. This information has a defined 0 and can be stated numerically.
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a corporation has issued a 4% $60 par convertible stock with a conversion price of $20. with the preferred stock selling at $66 per share, an investor holding 100 shares of this stock would benefit by converting if the price of the common stock was
The cost of the common stock per share was higher than $22.
What is Convertible Stock?
A convertible is a bond, preferred share, or other financial asset that allows the shareholder to convert it into common stock.Convertible securities are not categorized as debt or equity; rather, they are viewed as a mixture of the two, possessing the cash flow characteristics of both bonds and stocks.A convertible security is considered to have a conversion premium if it trades above its conversion value. As a result, the security is valued and appealing.Convertible securities have typically done well during periods of rising rates, and recently they have performed as intended, falling much less than the common stock of their issuers.To learn more about Convertible Stock refer to:
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the income statement shows the difference between a firm's income and its costs--i.e., its profits--during a specified period of time. however, not all reported income comes in the form of cash, and reported costs likewise may not correctly reflect cash outlays. therefore, there may be a substantial difference between a firm's reported profits and its actual cash flow for the same period.
True The income statement displays the variation between a The income statement displays the profits made by a company over a given period of time as the difference between its income and costs.
However, not all reported income is cash, and reported costs may not always match up with actual cash outlays. A company's declared profits and its real cash flow for the same time may therefore differ significantly.
What makes an income statement different from another one?
An income statement analyzes a company's profit or loss over time, whereas a balance sheet depicts the company's financial situation at a particular point in time.
How does the statement of cash flows differ from the income statement and what does it mean?
A cash flow statement lists the cash flows generated by a company's financing, investing, and operating activities. An income statement gives customers information about a company's earnings during a given time period, as well as its costs and losses.
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your director has asked you to prepare another project brief to update the client on a software development application, but you are new to the project. before you begin writing the brief, you realize that you must learn more about this client to ensure that you are targeting your communications to the right audience. you log in to your computer and type the client's name into an online search engine in order to locate the client's website and see if there are any current articles about the company, which helps you to extract some key terms and phrases to accurately reflect the client's vision for the product in the brief. you also jot down on a piece of paper a list of things that you know that you need to include in the product brief, including a few topics and some key points associated with these topics. In this scenario, which of the following pre-writing strategies are applied to transfer abstract thoughts into more concrete ideas? Select all that apply.
Question 6 options:
Asking questions
Brainstorming
Drafting
Searching the internet
Freewriting
Searching the internet, Freewriting and brainstorming are the pre-writing strategies are applied to transfer abstract thoughts into more concrete ideas.
What is freewriting?As a pre-writing approach, freewriting entails jotting down any and all associations, ideas, and thoughts that occur to you without editing or self-criticism. It is a method for coming up with ideas and getting beyond writer's block. It is a period of uninterrupted writing that lasts for a predetermined length, typically between 10 and 15 minutes. The intention is to free the writer from concerns about syntax, organisation, and whether the ideas are sound or not, allowing them to freely explore various concepts and ideas. It can be done using a prompt or on a particular subject. It is a helpful method for idea generation, brainstorming, and identifying fresh angles on a subject.
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a bagel shop sells fresh-baked bagels from 7 a.m. until 6 p.m. every day. the shop does not sell day-old bagels, so all unsold bagels are thrown away at 6 p.m. each day. the cost of making and selling a dozen bagels is $2.75; there are no costs associated with throwing bagels away. if the manager has seven dozen bagels left at 5 p.m. on a particular day, which of the following alternatives is most attractive? group of answer choices lower
The most attractive alternative in this scenario is to lower the price of the remaining seven dozen bagels to encourage more customers to buy them before the store closes at 6 p.m.
This way, the store will not have to throw away unsold bagels, and will also make some profit from the reduced-price bagels. Additionally, the store can offer discounts or promotions to attract more customers and make announcements on social media or other platforms to inform the public of the last-chance sale. The store can also consider partnerships with nearby businesses or organizations, to distribute the remaining bagels to people who might be in need.
The goal of this alternative is to increase sales and reduce waste while still making a profit for the store.
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True/False: If the value of dollars is 5.0, the following statement will output 5.00 to the monitor
It is true that if value of dollars is 5.0, following statement will output 5.00 to monitor.
What is a dollar?The dollar is a currency used by more than 20 nations. The United States dollar, which was established in 1792 and named after the local currency known as the Spanish dollar, was the first still-existing currency with such a name. The bulk of those currencies are represented by the dollar sign $, just as many other countries that utilise the peso as their unit of exchange. The term "dollar" originally appeared on the 29 g silver Joachimsthaler and Bohemia coins. On the reverse of the coins that the Kingdom of Bohemia began issuing on January 15, 1520, using silver that was extracted nearby at Joachimsthal, the Bohemian lion was incused. Later, in common usage, the town's name for the coins, Joachimsthaler, would be shortened to thaler or taler.
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hoi chong transport, ltd., operates a fleet of delivery trucks in singapore. the company has determined that if a truck is driven 105,000 kilometers during a year, the average operating cost is 11.4 cents per kilometer. if a truck is driven only 70,000 kilometers during a year, the average operating cost increases to 13.4 cents per kilometer.
Maximum activity level in kilometres multiplied by the average operating cost equals $1,170,000 (105,000 kilometres multiplied by 11.40 cents per kilometre).
Operating costs are associated with the regular upkeep and management of an organisation. Operating costs consist of selling, general, and administrative and other operational costs, often known as direct costs of goods sold. These expenses also cover maintenance and raw materials. Operating costs do not include non-operating finance expenses like interest, investments, and exchange rates. The expenses incurred in maintaining a business, a machine, a component, a piece of equipment, or a building are referred to as operating costs. They are an illustration of the price a company pays for the resources it needs to operate.
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in order to determine if it is the right time to start a new business, aspiring entrepreneurs must consider the existence of which of the following criteria?group of answer choices A. adequate market demand, small market size, and resources
B. passion, skilled staff, and unmet market need
C. innovative product idea, investors, and favorable market conditions
D. significant market demand, significant market size, and significant resources
The correct option: A. adequate market demand, small market size, and resources. Aspiring entrepreneurs must take this into account when deciding whether it is the correct moment to launch a new firm.
Define the term market demand?Because it measures consumer demand for a product at a specific price point, market demand is just a useful tool for businesses. Businesses that take market demand into account can stock the right amount of goods to satiate clients and increase earnings.Key conclusions:
The desire of customers to buy services or products at a specific price is known as market demand.A product's level of demand can be described using market demand types based on variables like consumer interest.Utilizing tools like demand curve graphs, businesses may determine market demand.Thus, aspiring entrepreneurs must take adequate market demand, small market size, and resources into account when deciding whether it is the correct moment to launch a new firm.
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Which of the following are functions of such international institutions as the World Bank and the International Monetary Fund?
The International Monetary Fund serves as a watchdog over the world's currencies and aids in stabilising the global monetary system. Working with developing countries, the World Bank Group aims to end poverty and promote prosperity for all.
Is it develop or develope?
The quickest response is that both of these terms are accurate. An outdated British spelling of the word is develope. The word is spelled more formally and in American English as "develop." Similar to the spellings of "colour" and "colour," you can use either one. A process known as skill development allows trainees and people of working age to acquire dexterity, knowledge, and ability, as well as career ethics and excellent working attitudes through skill training, the establishment of skill standards, and other related activities.
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Why do economies have to create economic goals and answer the 4 fundamental economic questions?
Economies have to create economic goals and answer the four fundamental economic questions because they are essential for the efficient allocation of resources.
What are economies?Generally,These goals and questions help to guide economic decision-making, such as how much to produce, what to produce, how to produce it, and for whom to produce it.
By answering these questions, economies can optimize production and consumption in order to achieve the highest level of economic welfare for all members of society.
Additionally, setting economic goals allows economies to measure progress towards these goals and make necessary adjustments to achieve them.
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the following transactions occurred during december, the first month of operations for farly company. prepare journal entries and create a t-account for accounts payable that includes the following five transactions. 1 purchased $900 of inventory on account. 2 purchased $200 of inventory on account. 3 paid suppliers $550. 4 purchased $500 of inventory on account. 5 paid suppliers $300.
Skills in communication, education, technical skills, creativity, experience, problem-solving abilities, mental health, and personal resilience are all examples of human capital.
What is an example of human capital Class 9?
Human capital investment is the investment in things like education, training, and medical care.
What are the most important examples of human capital and physical capital?
Inanimate assets like cash, property, job site equipment, and inventory make up physical capital. In contrast, human capital refers to the capabilities, knowledge, and skills of an organization's staff.
Which four types of capital are there?
Working capital, debt, equity, and trading capital are the four main types of capital.
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kpmg uses all of the following approaches except to handle ethical issues. group of answer choices ensuring consistent investigation and resolution of all reported matters eliminating fear of retaliation for those who raise questions providing multiple channels for raising alarms adopting expedient, site-specific procedures
The OECD Working Group on Bribery is in its fourth phase of monitoring, which started in 2016. The report is a part of that phase. The nations considered in Phase 4 are examined.
What is the define of monitoring?
monitoring definitions. the action of observing something, occasionally recording it: "In times of conflict, the monitoring of enemy communications plays a crucial role." Observation, observation, and watching types. the practise of observing; a careful examination. The data gathered through monitoring exposes any gaps or problems that need resources to be fixed. It wouldn't be obvious which areas needed to be given emphasis without M&E. It is simple to waste resources in a single place that is not the problem's origin. Monitoring and assessment aid in avoiding this waste.
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a call center has adopted an expansionist strategy. it has taken on a number of big contracts from clients and is on a tight schedule to supply customer support services by the deadlines promised. which of the following statements, if true, will result in the staffing goals being best aligned to the organizational strategy? A. As many applicants should be hired as possible to get the needed number of employees quickly.
B. Only the best talent be selected even if it takes a lot of time to hire.
C. The compensation offered should be higher than the average market rate to attract the maximum number of applicants.
D. The time taken to fill a position should be tracked for each recruiting source and the fastest possible source of at least minimally qualified talent should be utilized.
The quickest source of talent with at least minimal qualifications should be used will be the best organizational strategy. The time it takes to fill a position should be tracked for each recruiting source.
The steps a business expects to take to accomplish long-term goals make up its organizational strategy. The strategic strategy of a corporation is comprised of all of these actions. Strategic plans require participation from all levels of the organization and take at least a year to develop. While upper management develops the overall organizational strategy, middle and lower management adopt goals and plans to implement the strategy piece by piece.
This collaborative effort can be compared to a voyage. To finish successive legs of the journey that ultimately lead to the final destination, daily obstacles like poor road conditions must be overcome.
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pure competition pure competition drop zone empty. monopolistic competition monopolistic competition drop zone empty. oligopoly oligopoly drop zone empty. monopoly monopoly drop zone empty. many sellers offering similar products in a marketplace in which they have little control of marketing elements. many sellers offering substitutable products within a price range. a single seller of a product exists. a few companies control the majority of industry sales.
A monopoly will essentially be the one that stands out and rules the entire demand and supply chain in the particular field of selection, while an oligopoly will allow multiple bosses to coexist.
While monopolistic competition will allow multiple players to enter the market.
What is monopoly without any competition?
A marketing scenario known as pure competition occurs when numerous vendors offer products that are comparable to one another and are priced similarly. Corporations have little control over a product's price in pure competition markets. A monopoly, in which one company has complete price control due to little competition, is the opposite of pure competition.
What is an illustration of a monopolistic rivalry?
Understanding Monopolistic Competition Examples of industries with monopolistic competition include clothing, hair salons, restaurants, and household goods. There are numerous competing businesses that sell, market, and price items like hamburgers or dish soap.
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15. identify which country has a comparative advantage in the production of cookies and which has a comparative advantage in the production of milk. explain.
Atlantis has a comparative advantage when it comes to producing cookies, and Neverland has a comparative advantage when it comes to producing milk.
Atlantis has a comparative advantage in the production of cookies, as it only requires 2 hours of labor to produce one unit of cookies, while Neverland requires 4 hours of labor to produce the same amount of cookies. On the other hand, Neverland has a comparative advantage in the production of milk as it only requires 1 hour of labor to produce one unit, while Atlantis requires 1 hour of labor to produce the same amount of milk.
Comparative advantage refers to the ability of a country or an individual to produce a good or a service at a lower opportunity cost than its trading partners. In this case, Atlantis can produce cookies at a lower opportunity cost than Neverland, and Neverland can produce milk at a lower opportunity cost than Atlantis.
The following data should be provided with this question:
INPUT HOURS OF LABOR
Country Cookies Milk
Atlantis 2 hours 1 hour
Neverland 4 hours 1 hour
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there are five essential differences between services and goods. which of the following is not one of those differences?
There are five main differences between services and goods. However, Services are inherently homogenous, which is not one of these differences.
What are goods and services?Goods and services are output of economic system. Goods are tangible items sold to the customer whereas service is the goal for the recipient's benefit. Goods and services include consumer products, consumer services, business products and business services. Examples of goods are cars, appliances, and clothing. Service's example: house cleaning, legal advice and consulting services.
What distinguishes goods and services?Goods are tangible because they are physical and tangible, whereas services are immaterial in nature. A product is a tangible object that can be felt, touched, or seen. Services are intangible and cannot be seen, felt, touched or seen. However, it is experienced by consumers.
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Identify which country has a comparative advantage in the production of cookies and which has a comparative advantage in the production of milk.
When making cookies, Atlantis has the clear advantage. New Zealand has a comparative advantage in the production of milk.
What do you know about Atlantis?
Atlantis is a mythical island said to have existed in ancient times. It is usually associated with the legend of the lost continent. According to legend, Atlantis was a powerful and advanced civilization that was destroyed in a single day and night due to a natural disaster. The legend of Atlantis has been around since the time of Plato, and has captivated people ever since. It is believed to have been a utopian society, with advanced technology and a strong government. Throughout history, various theories have been proposed to explain the disappearance of the island, with the most popular being a great flood that submerged it. Despite many attempts to locate the island, it remains lost to this day and its exact location remains a mystery.
So, The required answers are Atlantis and New Zealand.
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