The answer is FICO Score.
While other credit scoring methods exist, the FICO Score is by far the most normally utilized. A FICO score is a credit score designed by the Fair Isaac Corporation (FICO). Lenders utilize borrowers’ FICO scores along with other elements on borrowers’ credit reports to evaluate credit risk and decide whether to extend credit.
FICO scores take into account details in five areas to decide creditworthiness: payment record, the present level of indebtedness, kinds of credit utilized, size of credit record, and new credit accounts. FICO is a significant analytics software business that delivers products and services to both businesses and individuals. The company is famous for designing the most widely utilized consumer credit scores financial organizations use to determine whether to loan money or give credit.
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FICO Scores is the credit scoring system.
A major component of the credit history that lenders use to determine the credit risk of applicants is a sort of credit score called a FICO score. Better than average credit is shown by a FICO Score of 670 or higher, and exceptionally responsible credit is shown by a score of 740 or higher. FICO scores over 800 are regarded as exceptional.
Lenders typically consider your FICO Score when making judgments about personal credit cards and loans. The data analytics firm Fair Isaac Corporation determines your FICO Score based on information in your credit reports. An alternate scoring model is the well-known VantageScore.
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A car company is testing a new type of tire. They want to determine the average stopping distance in light rain, light snow and dry conditions. They test out tires on four randomly selected cars from the lot. They want to know if the stopping distance is significantly different under the three conditions. What is the factor?.
Road conditions is the main factor to determine the average stopping distance in light rain, light snow and dry conditions. ANOVA (Analysis of Variance) used in this experiment.
The variables that the investigator controls during an experiment in order to ascertain their impact on the response variable are called factors. Here, we want to see if there are any significant differences in the stopping distance across the three scenarios. 4 randomly chosen automobiles make up the experimental units (type of tire). ANOVA (Analysis of Variance) may be used in this experiment to determine whether or not the means of the three groups are equal.
By dividing the variability into systematic and random variables, the statistical models in the ANOVA (Analysis of Variance) collection are used to evaluate the differences between the means of two independent groups. It is useful to ascertain how the independent variable affects the dependent variable.
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Bolivia's government attempted to solve some of its problems with inequality of outcomes due to foreign investment in its natural gas resources by?
Bolivia's government attempted to solve some of its problems with the inequality of outcomes due to foreign investment in its natural gas resources by Nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.
There are diminishing marginal returns to elements of production the PPF is bowed out from the beginning. think that the house country in the two-area production and agriculture precise-factors model has a comparative gain in agricultural output. there is no change in that enterprise. The gravity equation is used to expect: the extent of bilateral change.
The Ricardian version of worldwide exchange tries to give an explanation for the distinction in comparative gain on the idea of technological difference throughout the nations. Ricardo articulated the precept of comparative advantage: international locations specialize in the sports in which they may be quite greater efficient. those productivity differences stem from variations in technology or capabilities in labor productiveness.
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if a consumer and broker who are working together don’t have a written brokerage agreement, what’s their default relationship?
If a consumer and broker who are working together don’t have a written brokerage agreement, transaction their default relationship. A broker is a person or company who works as a go-between for an investor and a securities exchange.
Individual traders and investors require the services of exchange members since securities exchanges only accept orders from persons or firms who are members of that exchange. Brokers provide that service and are reimbursed in a variety of methods, including commissions, fees, and payment from the exchange relationship itself. A broker is a person or company who works as a go-between for an investor and a securities exchange.
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a local bank will pay you $230 a year for your lifetime if you deposit $4,000 in the bank today. if you plan to live forever, what interest rate is the bank paying?
The interest rate is 5.75%.
The interest rate is the quantity a lender costs a borrower and is a percentage of the important quantity loaned. The interest price on a loan is normally cited on an annual basis known as the yearly percent charge.
Interest rate has been defined as the amount return to the bank at with respect to the principal amount. The interest rate has been given onto the principal at varying percent.
Given,
The principal value of investment (initial deposit) = $4,000
The amount paid by bank per year (annual payment), = $230
The interest rate (r) to the base amount has been given by:
Interest rate = (Annual payment / initial deposit)*100
= ($230/$4,000)*100
= 5.75 %
The interest rate the bank is paying for lifetime has been 5.75%.
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An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of?
An auditor tests an entity's policy of obtaining credit approval before shipping goods to customers in support of management's financial statement assertion of Valuation.
In order for the client to be able to repay the firm's credit, the company must verify that the consumer has a suitable valuation. The auditor examines this.
What Is Valuation?
The analytical process of estimating the worth of a company or an asset is known as valuation. There are several methods for performing an evaluation. In addition to other factors, an analyst putting a value on a firm considers the management of the company, the make-up of its capital structure, the likelihood of future profits, and the market worth of its assets.
Although there are other techniques that may be used, such as the capital asset pricing model (CAPM) or the dividend discount model, fundamental analysis is frequently used in valuation (DDM).
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Roseanne sells her personal automobile for $1,000 in the current tax year. she purchased the car for $12,000 nine years ago. what are the tax effects of the sale in the current tax year?
The tax effects of the sale in the current tax year is Roseanne recognizes a deductible loss of $11,000 in her current-year tax return because of the capital recovery concept.
Capital Recovery: Capital recovery, which is a break-even statistic, generally relates to recouping initial investment funds through returns from that investment. It also applies to recovering investment money through the sale of assets. The phrase also applies to business debt recovery.
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Why is this case an example of trademark violation? payless made sneakers with a pattern that is similar to the adidas logo. payless hired a designer from adidas to create sneakers for them. payless used the adidas logo in its tv commercials and print ads. payless made running shoes based on the style and design of an adidas sneaker.
This case is an example of trademark violation because Payless made sneakers with a pattern that is similar to the Adidas logo.
Unauthorized use of a trademark or service mark on or in connection with goods and/or services in a way that is likely to lead to misunderstanding, deception, or mistake about the source of the goods and/or services is known as trademark infringement. a court order that forbids the use of the allegedly offensive mark. If the mark has already been registered, an injunction through the cancellation of the registration. An injunction or a letter requesting the violator to cease using the trademarked material is the most typical punishment for trademark infringement. An intentional violation of trademark law may also result in criminal or civil penalties, though this is uncommon.
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Answer:
A
Explanation:
Edge2020
One of the advantages of personal selling is that it is the most __________ method used to communicate with customers. multiple choice flexible generic defensive credible reasonable
Personal selling has the benefit of being the most adaptable way of client communication. various options versatile generic trustworthy reasonable
Personal selling is the process of a salesman meeting with a potential client in order to complete a contract. Many salespeople employ a sequential sales process that typically consists of nine parts. For all or certain steps of the sales process, some salespeople write scripts.A Personal Selling Case Study
A common marketing strategy is personal selling, particularly for goods with exorbitant prices or complex features. Excellent examples are cars, office equipment like photocopiers, and a variety of goods that businesses sell to other industrial customers..To Learn more about Personal Selling, Click the links.
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A firm employing 300 workers has 25 recordable injuries and illnesses in a year. what is the total injury-illness incidence rate?
A firm using 300 workers has 25 recordable wounds and illnesses in a year. The total injury-illness incidence rate
(25 X 200,000 )/ (300 X 2,000) = 8.33
What is the total case incident rate?The total case incident rate (TCIR) is a figure that represents the number of work-related wounds per 100 full-time workers over a year. The analysis is based on the number of mandatory reported OSHA recordable injuries and conditions. Because of this, TCIR is also known as the OSHA incident rate.
(No. of injuries and illnesses X 200,000 ) / Worker hours worked = Incidence rate.
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When a marketing manager thinks about the needs customers want satisfied, rather than how one product beats another, this marketing manager is looking more broadly at the ______ market.
This marketing manager is looking more broadly at the generic market.
Generic markets often feature groups of consumers who have a broad need that can be met by a wide range of products or services. Everyone, for example, requires food, and everything from grocery stores and restaurants to farming cooperatives may provide it.
Marketing Manager
A marketing manager is in charge of overseeing the marketing efforts of a company, service, or product. Marketing managers forecast market demand and lead a marketing team in developing and implementing creative and distinctive methods to generate customer interest through different media channels. They are also responsible for teaching their team members on campaign-specific marketing plans.
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during the last year, globo-chem co. generated $1,170 million in cash flow from operating activities and had negative cash flow generated from investing activities (-$640 million). at the end of the first year, globo-chem co. had $200 million in cash on its balance sheet, and the firm had $330 million in cash at the end of the second year. what was the firm’s cash flow (cf) due to financing activities in the second year?
The firm’s cash flow due to financing activities in the second year is −$350 million
A coins glide is a real or virtual motion of cash flow a coins drift in its slim experience is a charge, particularly from one principal bank account to any other; the term cash itwaft is primarily used to describe.
cash flow is the motion of money inside and out of an employer. cash acquired signifies inflows, and cash spent indicates outflows. The coins drift statement is an economic announcement that reports on an employer's resources and usage of cash over some time.
Cash flow from operating activities (CFOA) = $1,170 million
Cash flow from investing activities (CFIA) = (-$640 million)
Cash in the balance sheet = $200 million
Cash at the end of the second year = $380 million
Cash at the end of the second year = Cash in the balance sheet + CFOA + CFIA + CFFA
$380 million = $200 million + $1,170 million − $640 million + CFFA
CFFA = −$350 million
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Coca-cola is a(n) _____ of the soft drink product category because it is the concept within a soft drink schema that is the single best representation of that category.
Coca-cola is an Exemplar of the soft drink product category because it is the concept within a soft drink schema that is the single best representation of that category.
What is the product representation ?
Analyzing business processes in supply networks uses process models more frequently now. Although products are a crucial component of supply chain semantics, there is insufficient product representation in supply chain process models. The 'labelled flows' that this research suggests directly assign product names to flows rather than implicitly expressing products through other visual structures. With the aid of a lab experiment, we discover that labelled flows enhance domain comprehension in terms of product comprehension and product modeling performance. Our innovation in product representation within supply chain process models contributes to modeling research and improves domain comprehension.
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a management system that focuses on maintaining lean inventories while producing products as needed by the customer.
A management system that focuses on maintaining lean inventories while producing products as needed by the customer is Just-in-time management (JIT).
What is Just in time management?JIT is a type of inventory management that calls for close coordination with suppliers to ensure that raw materials arrive at the exact time when manufacturing is supposed to start, but no earlier. The objective is to keep just enough inventory on hand to meet demand.
Just in time, or JIT, is a production and inventory control method where products are made only as needed to satisfy actual customer demand. Inventory levels in the Just In Time manufacturing system are kept to a minimal, and occasionally even zero.
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A management system that focuses on maintaining lean inventories while producing products as needed by the customer is .................
Under both accrual-basis and cash-basis accounting, all revenues and expenses are recorded at the same point in time. gtrue or false
All revenues and expenses are recorded at the same time in both accrual-basis and cash-basis accounting. The statement is false.
In the context of accounting, revenue refers to the total income from sales of products and services that are directly related to the company's core operations. Sales or turnover are two other terms for commercial revenue. Some firms derive their money through interest, royalties, and other charges.
The term "revenue" can refer to income in general or to the sum, expressed in money terms, earned over a certain period of time, as in "Last year, Company X had revenue of $42 million." Profits or net income often refer to total revenue less total expenses for a specific time period.
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the process behind the production of "account inc.," a suite of business accounting and inventory software, is protected by
The process behind the production of "account inc.," a suite of business accounting and inventory software, is protected by trade secrets law.
Enterprise is the hobby of making one's living or creating wealth by means of generating or shopping for and selling products. it is also "any interest or agency entered into for income.
A business is described as a company or enterprising entity engaged in industrial, industrial, or professional sports. companies may be for-profit entities or non-earnings organizations. enterprise types variety from restricted legal responsibility agencies to sole proprietorships, corporations, and partnerships.
The definition of enterprise is an occupation or change and the purchase and sale of products or services to make a income.
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What type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation?.
Cash Flow Planning type of financial planning focuses on issues such as paying your monthly rent, paying tuition and fees, and cost of food, while still having some funds to use for entertainment, rest and relaxation.
Running a business requires careful consideration of cash flow. A company will be compelled to permanently close its doors if it does not have enough funds to operate. The movement of money during a company's various stages, from start-up to growth, maturity, and decline, is referred to as "cash flow" in its purest sense. A business needs the capacity to make future projections in order to manage cash flow. Without it, managers won't be able to make informed choices about investments and other significant purchases. Making a plan to guarantee that your company has adequate cash on hand to meet its financial obligations is called cash flow planning.
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Apple inc. contracts with companies in taiwan to make inputs such as the chips, batteries, and lcd displays that power its digital devices at lower costs. this strategy is an example of _____.
Apple Inc. contracts with companies in Taiwan to make inputs such as the chips, batteries, and LCD displays that power its digital devices at lower costs. This strategy is an example of global outsourcing.
What do you mean by means of outsourcing?
Outsourcing is a commercial enterprise practice wherein a organization hires a 3rd-birthday party to perform tasks, deal with operations or offer offerings for the organization.
What's a outsourcing example?
Advertising, office and warehouse cleansing, and internet site development are the satisfactory examples of outsourcing. Maximum commercial enterprise owners delegate authority to outsourced specialists when it comes to bookkeeping, renovation, recruitment. This allows companies to awareness maximum of their sources on the main interest.
What is the gain of outsourcing?
Outsourcing assist you to leverage understanding and talents together with your whole deliver chain. Outsourcing can also help to make your business more bendy and agile, able to adapt to changing market conditions and challenges while supplying fee savings and provider level upgrades.
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Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely?
Compared to the long-run supply elasticity of tequila, the short-run supply elasticity is likely more inelastic because the price cannot immediately affect the supply.
Lengthy-run supply is usually greater elastic ultimately than in the brief run for produced gadgets whilst you keep in mind that it's far generally assumed that in the end all elements of manufacturing can be carried out to growth supply whilst in the short run best labor can be improved, or even then adjustments may be prohibitively.
The deliver modifications little with a trade in fee then sources are taken into consideration inelastic. supply is elastic if there are big adjustments in transport for a small trade within the rate. If the percentage alternate in fee is equal even though contrary to the percentage trade in quantity then supply elasticity is unit elastic.
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Distinguish among corporate, business, and functional strategies. how does each strategy relate to hrm? why?
The company approach is your employer's huge-image desire. in case you're big enough to have corporate departments, every department ought to have an enterprise method based on the company goals. The purposeful approach is an in-depth plan for transferring toward the business desires.
The corporate stage method includes pinnacle-stage management. the commercial enterprise-level approach includes the capacity to compete of each enterprise unit. practical degree method includes every single function in each business unit.
Within the hierarchy of targets, it is the company targets that can be the boss! those are the targets that the enterprise as an entire is making an attempt to achieve. through assessment, purposeful goals can be viewed as an inclined servant of the corporate goals.
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Assume that the risk free rate increases, but the market risk premium remains constant. What impact would this have on the cost of debt
if the risk-free rate increases and the market risk premium remains constant, the cost of equity will increase. On the other hand, the cost of debt will also increase if the risk-free rate increases.
The rate of return provided by an investment with no risk is known as the risk-free rate. The concept of the risk-free rate is somewhat speculative because every investment asset carries some level of risk, no matter how minor. It is commonly understood to refer to the interest rate on short-term government debt. The general flexibility of the capital markets (affected by supply and demand, i.e., a decline in the money supply growth rate will reduce the supply of capital and increase interest rates), as well as the anticipated rate of inflation, are factors that affect the nominal risk-free rate (NRFR).
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The fasb most always considers which concept in their own decision-making process when creating new accounting standards?
The FASB most always considers a materiality concept in their own decision-making process when creating new accounting standards.
An accounting standard is a collection of procedures and guidelines used to standardize bookkeeping and other accounting operations over time and across different businesses. All aspects of an entity's financial picture, including its assets, liabilities, income, outlays, and shareholders' equity, are subject to accounting standards.
Usually, strict regulations apply to publicly traded companies. Small and medium-sized businesses frequently adhere to less stringent rules and make any specific disclosures that their particular lenders and shareholders require.
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excel solve *to produce/store at each quarter in order to meet the demand at the minimum total production and inventory holding cost.
C15*(C3+C6)/2= Unit carrying cost
A company's carrying cost is the sum it pays keeping inventories on hand over time. It is the price of owning, retaining, and stocking the products. Renting the warehouse where the inventory is stored, running the warehouse, paying the wages of the people working there, any inventory loss from theft or damage, and insuring the inventory are all included in the carrying costs. Carrying cost typically range from 15% to 30% of the value of an organization's inventory. This number is crucial because it informs the business how long it can hold its inventory before it starts to lose money on unsalable items.
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small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year.
small amount of money in an interest-earning account for three years, doesn’t plan on withdrawing the funds, and wants them to stay in the account until the end of the third year, It is Retail certificate of deposit (CD).
A Certificate of Deposit (CD) is what, exactly?
A certificate of deposit (CD) is a type of savings instrument that accrues interest on a single quantity of money for a certain amount of time. Unlike savings accounts, CDs require that the money stay undisturbed over the full term to avoid penalties and missed interest. Savings accounts often provide lower interest rates than CDs as compensation for liquidity loss.
The majority of consumer financial institutions provide certificates of deposit (CDs), although each bank is free to set its own conditions, rate of interest in comparison to savings and money market products, and early withdrawal fees.
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for gaap purposes, if a dividend receiving corporation owns less than percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income (same as tax; no book-tax differences).
Less than 20% of the stock.
For GAAP purposes, if a dividend receiving corporation owns less than 20 percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income.
What is Tax?Whether municipal, regional, or federal, taxes are mandated payments made by individuals or businesses to the government. Government programs like Social Security and Medicare as well as public infrastructure and services like roads and schools are funded by tax income.
Taxes are borne by whoever bears the cost of the tax, whether this is the entity being taxed, such as a business, or the final users of the items produced by the firm.
Taxes of all kinds, including payroll taxes, federal and state income taxes, and sales taxes, need to be taken into account from an accounting standpoint.
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The correct question is:
“for gaap purposes, if a dividend receiving corporation owns less than ______ percent of the stock of the distributing corporation, the receiving corporation includes the dividend in income (same as tax; no book-tax differences).”
consider pablo’s decision to go to college. if he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is
if he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. pablo’s cost of going to college is "$123,000".
What is a cost in economics?In economics, the phrase "cost" refers to the value assigned to the time, effort, materials, risks, as well as other resources used to provide a good or service.
An organization must pay a variety of costs, such as opportunity costs, fixed costs, implicit costs, direct costs, societal costs, and replacement costs. Contrarily, revenue is the money that a business brings in from the sale of its products or services. Tax, interest, and dividend deductions that an entity has made are excluded. The profitability of a company can be determined by examining its costs and revenues.
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which of the following mawhich of the following are benefits of an internship? select all that apply.ight be part of a job description for an entry-level project manager role?
A fresh junior project manager with ambition and zeal is required for our North Coast branch. You'll be actively involved in high-impact initiatives, up front, and giving your creative energy. Manager of a project, a program, and a portfolio.
Obligations and duties of project managers
What Tasks Are Assigned to a Project Manager?
Create a plan for the project idea. Every project begins with an idea.Build and Lead Your Dream TeamTrack Project Progress and Set DeadlinesAddress Emerging Issues Handle Money Ensure Stakeholder SatisfactionTo learn more about project managers from the given link.
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at the beginning of year 2 clair company had a $5,500 balance in its retained earnings account. during january of year 2 clair earned $2,000 of revenue and incurred $1,400 of expenses. based on this information, the balance in retained earnings account on january 31, year 2 is
The balance in retained earnings account on January 31, year 2 is $6,100.
What is retained earnings?Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends. Retained earnings is the sum of beginning retained earnings and net income. Net income is revenue less expenses. Revenue increases the value of retained earnings while expenses decrease its value.
When calculating retained earnings, the balance of the retained earnings from the previous accounting period would be added to the current accounting period because the retained earnings account is a permanent account.
Retained earnings = beginning retained earnings + revenue - expenses
$5,500 + $2,000 - $1,400 = $6,100
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A change in each of the following is a lagging economic indicator except? a employment duration b reported corporate profits c inventory to sales ratio d initial claims for unemployment
An exchange in every of the following is a lagging economic indicator besides employment duration.
An economic indicator is a macroeconomic dimension utilized by analysts to apprehend modern and destiny economic activity and possibility. The most extensively-used economic signs come from statistics released with the aid of the government and non-income businesses or universities.
An economic indicator is a statistic of approximately a financial interest. economic signs permit evaluation of monetary performance and predictions of destiny overall performance. One application of economic signs is the look at business cycles. Wikipedia
importance
A leading indicator is an economic aspect that has a tendency to alternate earlier than the economic system begins to exchange. A lagging indicator is a monetary element that modifications simplest after the change inside the economy has already taken place. leading indicators are used to forecast extensive shifts within the financial system.
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The ________ serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment.
The mission statement serves as an articulation of the fundamental principles at the heart of the organization and should guide all decisions without abridgment. It defines the organization's goal and ultimate intention. The vision is supported by the mission statement, which communicates purpose and direction to employees, customers, vendors, and other stakeholders.
A excellent mission statement embraces a target audience's expectations for something they actually desire. Zappos' mission statement, for example, is "to give the greatest customer service possible." This instils in Zappos' customers the expectation that they will receive outstanding customer service every time. Everything we do is focused on Our Mission.
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Which phase of the business cycle would have a falling unemployment rate, meaning more jobs are becoming available?
Contraction
Expansion
Peak
Trough
The expansion phase of the business cycle can be defined as the phase where there would be falling unemployment rate, meaning more jobs are becoming available.
What is the business cycle?This is the term that is used to refer to the periods of business expansions , recoveries and recessions that are seen in a given economy. The business cycle is used to show the decreases and the increases in the economy.
The period of a decrease in unemployment is an expansion period that shows that the economy is about to experience recoveries.
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Answer:
Expansion
Explanation:
I'm taking the test so.