Choice (a) is the best definition of affirmative action. It refers to a policy that benefits individuals who tend to suffer from discrimination or belong to historically disadvantaged groups.
Affirmative action aims to provide equal opportunities and level the playing field for those who have faced systemic barriers and discrimination based on factors such as race, gender, or ethnicity.
Affirmative action is not accurately described by choices (b), (c), or (d). Choice (b) refers to guidelines for policy implementation, which is not the core definition of affirmative action. Choice (c) mentions the creation of racial quotas for college admissions, which is one form of affirmative action but does not encompass its entire scope. Choice (d) describes anti-discrimination laws that address segregation and bias, but it does not specifically capture the proactive measures associated with affirmative action.
choice (a) is the most appropriate definition of affirmative action as it emphasizes the policy's purpose of addressing discrimination and supporting historically disadvantaged groups.
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describe reasons and steps you would take to implement safe for an organization. also, what insights led you to believe that these might work and why is this a sustainable competitive strategy?
Implementing safety measures in an organization involves conducting risk assessments, developing comprehensive safety policies and procedures, and providing regular training to employees.
Implementing safety measures in an organization is crucial to protect the well-being of employees, safeguard company assets, and ensure regulatory compliance. To achieve this, the following steps should be taken:
1. Conduct risk assessments: Begin by identifying potential hazards and assessing the level of risk associated with each. This can involve inspecting work areas, reviewing accident reports, and engaging employees in the process to gain valuable insights. By understanding the risks, appropriate preventive measures can be implemented.
2. Develop safety policies and procedures: Create clear and concise safety policies that outline the organization's commitment to maintaining a safe work environment. Establish procedures for reporting incidents, handling emergencies, and addressing potential safety hazards. These policies and procedures should be communicated effectively to all employees to ensure compliance.
3. Provide regular training: Training sessions should be conducted regularly to educate employees about safety protocols and best practices. This includes training on emergency response procedures, proper use of equipment, and awareness of potential workplace hazards. Ongoing training ensures that employees are well-informed and equipped to prioritize safety in their daily tasks.
By implementing these steps, an organization demonstrates its commitment to prioritizing the safety of its employees and stakeholders. It not only reduces the risk of accidents and injuries but also fosters a culture of safety, which can lead to increased productivity, employee satisfaction, and overall organizational success. Moreover, by complying with safety regulations and industry standards, the organization can mitigate legal and financial risks associated with non-compliance.
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Select the correct answer from each drop-down menu. rashad compiled a list of fixed expenses and noted his total expenses for last month. february fixed expenses amount total february expenses $3,291.74 rent $1,150.00 car loan $348.00 internet $46.14 student loan payment $399.34 for rashad to determine his variable expenses, he’ll need to his fixed expenses from his total expenses for the month. the equation that represents this situation is .
The linear equation that represents this situation is x+ $1943.48 = $3,291.74
The maximum degree of the variables in the linear equation is one.
Total expenses comprise both fixed and variable costs.
Total expenses = fixed + variable expenses.
Total expenses minus fixed expenses = variable expenses.
Consequently, to ascertain variable costs Rashad's fixed costs must be subtracted from his monthly spending total.
The total amount of February's fixed costs are
The cost of living is $1,150.00.
Costs for a car loan are $348.00.
Costs for internet are $46.14
The cost of a student loan is $399.34
Rent expenses, vehicle loan expenses, internet expenses, and student loan expenses add up to a total of $1150, $348, $46.14, and $399.34, or $1943.48.
The sum of February's expenditures = $3,291.74.
Suppose that x is the variable cost.
Total expenses are equal to both fixed + variable expenses.
So linear equation will be:
x+ $1943.48 = $3,291.74
Variable Expenses = $3,291.74 - $1943.48 if x is the unknown.
Variable Costs = 1348.26 dollars
Consequently, the linear equation x+ $1943.48 = $3,291.74 indicates the variable expenses for the month of February.
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which of the following is/are examples of intrinsic motivators? (a) praise (b) job security (c) free time (d) perks (e) none of the above
Praise is an illustration of an internal motivator since it increases the desire for improvement.
Intrinsic motivation is the practice of engaging in an activity for its own intrinsic fulfillment as opposed to pursuing a separate benefit. When a person is intrinsically motivated, the fun or difficulty involved in the action serves as their motivation rather than external demands, pressures, or incentives.
Young infants' persistent attempts to grasp, throw, bite, crush, or shout at strange objects are signs of their inherent motivation. Even as people become older and become less significant, human adults are frequently intrinsically motivated, whether they are playing crosswords, making art, gardening, reading books, or watching movies.
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A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to pay for the project and determine if it is a good investment or not?
Answer:
Explanation:
Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.
For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.
Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.
Use monte carlo simulations to calculate the value of the european call option through simulation(N=200, 400, ...., 200000) using the closed form expression(1). Plot the graph values as a function of the number of sample paths.
p=0.25, u=1.5, d=0.5,S0=8,K=9,T=10,R=0.2
Expression:
By use of Monte Carlo simulations to calculate the value of the European call option for different numbers of sample paths (N) using the given closed form expression. The results will be plotted as a function of N.
To calculate the value of the European call option, we can use the following closed-form expression:
C = e^(-rT) * [p * Cu + (1 - p) * Cd]
Where:
C is the value of the call option
e is the exponential function
r is the risk-free interest rate
T is the time to maturity
p is the probability of an up movement
Cu is the value of the option when the price goes up
Cd is the value of the option when the price goes down
Given parameters:
p = 0.25
u = 1.5
d = 0.5
S0 = 8 (initial stock price)
K = 9 (strike price)
T = 10 (time to maturity)
R = 0.2 (risk-free interest rate)
To calculate the value of the call option using Monte Carlo simulations, we generate N random sample paths for the stock price movement. For each sample path, we calculate the terminal stock price using the up and down movements, and then calculate the payoff of the call option at expiration. Finally, we average the payoffs over all the sample paths and discount them to present value using the risk-free interest rate.
By varying the number of sample paths (N) from 200 to 200,000, we can observe the convergence of the Monte Carlo estimates towards the theoretical value calculated using the closed-form expression. This convergence can be plotted as a graph, where the x-axis represents the number of sample paths (N) and the y-axis represents the estimated value of the call option. The graph will show how the accuracy of the Monte Carlo estimate improves as we increase the number of sample paths.
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while applying for the position of administrative assistant, a candidate was asked to provide the name and phone number of her previous supervisor. she was also provided the alternative of presenting a letter from her previous supervisor vouching for her performance on the job. which tool used in the initial selection process is illustrated in this case?
References is used as a tool in the initial selection process illustrated in this case.
Making travel and meeting arrangements, preparing reports, and maintaining appropriate filing systems are all responsibilities of an administrative assistant. The ideal candidate should be able to organize their work using tools such as MS Excel and office equipment and have excellent oral and written communication skills.
Responsibilities:
1. Calls should be answered and directed.
2. Appointments should be organized and scheduled.
3. Schedule meetings and keep detailed minutes.
4. Create and distribute email, memos, letters, faxes, and forms.
5. Assist in the preparation of routine reports.
6.Create and keep a filing system.
7. Maintain and update office policies and procedures.
8. Purchase office supplies and look for new deals and suppliers.
9. Keep contact lists updated.
10. Make your travel arrangements.
11. Submit expense reports and reconcile them
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In a city with rent-controlled apartments, all of the following are true except A. it usually takes more time to find an apartment than it would without rent control. B. apartments are often in shorter supply than they would be without rent control. C. apartments usually rent for rates lower than the market rate. D. landlords have an incentive to rent more apartments than they would without rent control.
In a city with rent-controlled apartments, landlords do not have an incentive to rent more apartments than they would without rent control.
Rent control is a form of price ceiling. A price ceiling is when the government or an agency of the government determines the maximum price of a good or service. A price ceiling is considered to be binding if it is below equilibrium price and it is considered non-binding if it is above equilibrium price.
Consequences of rent-controlled apartments
There would be shortages of apartments as demand would exceed supply. it leads to the development of black markets It reduces the price consumers pay for an apartment. This increases consumer surplus
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For every C or lower you earn on your report card, your parents make you give up one of your fun nights out per week. This is an example of
a.) neither a positive nor a negative incentive
b.) a negative incentive
c.) a positive incentive
d.) both a positive and a negative incentive
Answer:
B.) a negative incentive
Explanation:
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, your parents will force you to give up one of your fun nights out each week.
If parents make you give up one of your fun nights out per week for every C or below on your report card. This is an illustration of negative incentive.
What is negative incentive?Negative incentive measures, often known as disincentives, are methods that are used to prevent actions that affect biodiversity. User fees and pollution levies are examples of disincentives.
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, the parents will force giving up one of your fun nights out each week.
Therefore, option b is correct.
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Which type of business ownership has limited liability?
Partnership
Sole proprietorship
Corporation
None of the above
An appraiser has selected a comparable sale that recently sold 85,000 inclusion in an appraisal. The comparabte has bedrooms, bath and a fireplace. The subject property has 3 bedrooms, 2 baths, and no fireplaceAnalysis by the appraiser indicates a bathroom is worth $2,500 and fireplace is worth \$1,200 . What the adjusted sales price of the comparable property?
Answer:
$86,300
Explanation:
The computation of the adjusted sales price of the comparable property is shown below:
= Sale value + worth of the bathroom - worth of the fireplace
= $85,000 + $2,500 - $1,200
= $86,300
We simply added the worth of the bathroom and deduct the worth of the fireplace to the sale value so that the adjusted sales price of the comparable property could come
The president of the Specialty Paint Corporation gets the idea to work with a local beer brewer to produce an invisible beer can (as an anti-litter measure). The president tells his legal department to look into it, and they in turn ask engineering for help. As a result, the chief engineer calls his counterpart at the brewery to discuss the technical aspects of the project. The engineers then report back to their respective legal departments, which then confer by telephone to arrange the legal aspects. Finally, the two corporate presidents discuss the financial side of the deal.
1. Discuss these aspects of the problem: a. What principle of a multilayer protocol in the sense of the OSI model does this communication mechanism violate? i. Why / how?
2. How could you modify this scenario to alleviate the problem? i. I.e., How could you change the communication follow in this scenario to better emulate the OSI model? Explain clearly.
1. The OSI model has 7 layers and the principle of multilayer protocol states that communication must follow a protocol, which means that the same level of abstraction is maintained at each layer.
The communication mechanism in this scenario violates the principle of multilayer protocol as it jumps multiple layers of the OSI model at once. The legal department calls the engineering department instead of going through the proper channels.
2. To better emulate the OSI model, the communication in this scenario could be modified by following the principle of layering.
Here is how it could be done:
Step 1: The president of the Specialty Paint Corporation discusses the idea with the legal department.
Step 2: The legal department of the Specialty Paint Corporation contacts the legal department of the brewery.
Step 3: The legal department of the brewery contacts the engineering department of the brewery.
Step 4: The engineering department of the brewery contacts the engineering department of the Specialty Paint Corporation.
Step 5: The engineering department of the Specialty Paint Corporation contacts the legal department of the Specialty Paint Corporation.
Step 6: The legal department of the Specialty Paint Corporation contacts the legal department of the brewery to work out the legal aspects of the project.
Step 7: The corporate presidents of both companies discuss the financial side of the deal.
The modified communication follows the OSI model by following the principle of layering. This means that communication follows a protocol, and the same level of abstraction is maintained at each layer.
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if you do not version, what is the best pricing strategy? hobbyist record dealer professional model $350 $600 home model $200 $500
It's not entirely clear what you mean by "if you do not version". However, assuming you're asking for a pricing strategy for a product with two different models (hobbyist and professional), the best pricing strategy would depend on several factors such as production costs, target market, competition, and consumer demand.
One common pricing strategy is called "skimming". This involves setting a high initial price for a product, then gradually lowering the price as demand decreases or competitors enter the market. In this case, the professional model could be priced at $600 to target serious collectors or professionals in the industry who are willing to pay a premium for higher quality. The hobbyist model could be priced at $350 to target casual collectors or enthusiasts who are more price-sensitive.
Another pricing strategy is called "penetration pricing". This involves setting a low initial price to attract a large number of customers, then gradually raising the price as demand increases. In this case, the home model could be priced at $200 to attract a larger market of casual collectors or beginners. The professional model could be priced at $500 to offer a more premium option for serious collectors, while still being more affordable than the initial $600 price.
Ultimately, the best pricing strategy would depend on various factors such as production costs, target market, and competition. A company should conduct thorough market research and analyze their costs before determining their pricing strategy.
Regenerate response
Explanation:
two countries produce copper and lead. country A can produce a maximum of 300 tons of copper per day or 150 tons of lead. Country b can produce a maximum of 400 tons of copper per day or 100 tons of lead. which statement best describes this situation
Answer:
A. Country B has a comparative advantage producing copper.
Multiple -choices
A. Country B has a comparative advantage producing copper.
B. Country A has an absolute advantage producing copper and lead.
C. Country A has an absolute advantage producing copper.
D. Country B has a comparative advantage producing lead.
Explanation:
A country has a comparative advantage over others if it can produce a product using fewer resources. It means that given equal inputs, a country with a comparative advantage will have more output than competitors. Therefore, comparative advantage is the ability to produce at a lower opportunity cost than rivals.
Country B's ability is 400 tons while country A capacity is 300 tons. Country B uses fewer resources hence has a higher output than country A. Country B has a comparative advantage over country A.
Answer:
Country B has a comparative advantage producing copper.
Explanation:
jim has $1,000 of salary and $100 of dividend income this month. this month he also has rent and utilities of $300 and he spent $200 on groceries and $100 on clothing. what is jim's net cash flow this month?
Jim's net cash flow this month is $500.
What is cash flow?Cash flow (CF) is the change in the amount of money that a company, institution, or person has. The phrase is used in finance to refer to the volume of money (currency) produced or spent over a specific period of time. There are numerous types of CF, and they have numerous significant applications in conducting financial analysis and managing businesses. All of them will be thoroughly covered in this guide.
Both running a business and performing financial analysis involve a lot of cash flow. In fact, it ranks among the most significant metrics in all of accounting and finance.
Cash inflow = 1000+100
= $1100
Cash outflow= 300 +200+100
= $600
Net cash flow = 1100 -600
= $500
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The histogram and box plots below show the distribution of finishing times for male and female winners of the New York Marathon between 1970 and 1999.
Answer:
Kindly check explanation
Explanation:
A.)
From the histogram, the number of runners who made a certain range of Runtime can be easily deduced on the y-axis of the histogram, which isn't possible on the boxplot.
Summary statistic such as lower quartile, median and upper quartile statistics including outliers can be deduced easily from the boxplot.
B.)
Bimodal distribution occurs when two different groups or class have the highest number of values in a distribution.
C.)
The distribution of marathon times for men is fairly normally distributed while that if women is skewed.
The minimum and maximum values in the women's distribution is greater than the minimum and maximum values in the men's distribution.
The women's distribution has greater variance than the men's distribution. (greater range value).
Reasons a business might fail are
proper management
extra money
competition
O good location
dogwood, inc. earned revenues of $11,000 and incurred expenses of $7,500. the company declared and paid cash dividends of $2,000. what is the balance in the income summary account prior to closing net income or loss to the retained earnings account?
$1,500 is the balance in the income summary account before closing net income or loss to the retained earnings account.
The income summary account is a temporary account used to summarize revenues and expenses for the period before transferring the net income or loss to the retained earnings account. we need to subtract the expenses and dividends from the revenues.
Net Income = Revenues - Expenses
Given data:
Revenues = $11,000
Expenses = $7,500
Dividends = $2,000
We can calculate the Net Income by :
Net Income = Revenues - Expenses
= $11,000 - $7,500
= $3,500
Balance in Income Summary Account = Revenues - Expenses - Dividends
= $11,000 - $7,500 - $2,000
= $1,500
Therefore, the balance in the income summary account before closing net income or loss to the retained earnings account is $1,500.
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What are the advantages of shifting inventory ownership to the suppliers? (Hint: Follow Case on inventory management) Enter your answer
Shifting inventory ownership to the supplier has several advantages for the retailer. It helps in reducing content loaded, reduces expenses, improves cash flow, and improves inventory control. Therefore, shifting inventory ownership to the supplier is an effective strategy for retailers to manage their inventory.
Advantages of shifting inventory ownership to the suppliers are:
Reduces content loaded: Shifting inventory ownership to the suppliers reduces the content loaded by the retailer. The reduction in content loaded happens because the inventory ownership has been shifted to the supplier, and they have to manage it. This way, the retailer can focus on their primary function, which is selling the products and providing services to customers.
Reduces expenses: Shifting inventory ownership to the supplier reduces the expenses of the retailer. The cost reduction occurs because the supplier is now responsible for storing, managing and maintaining the inventory. This saves the retailer the cost of renting or owning a warehouse and hiring employees to manage the inventory. Improves cash flow: Shifting inventory ownership to the suppliers improves the cash flow of the retailer.
The supplier is responsible for maintaining and managing the inventory, which reduces the amount of capital required by the retailer to invest in inventory. Therefore, the retailer can utilize the capital saved on inventory to invest in other functions of the business.
Improves inventory control: Shifting inventory ownership to the suppliers improves inventory control. The supplier is responsible for maintaining and managing the inventory. This means that the supplier has to maintain accurate records of the inventory, which ensures that the right products are available when needed. This helps the retailer in keeping track of inventory levels, and avoids the possibility of overstocking or understocking.
Conclusion: Shifting inventory ownership to the supplier has several advantages for the retailer. It helps in reducing content loaded, reduces expenses, improves cash flow, and improves inventory control. Therefore, shifting inventory ownership to the supplier is an effective strategy for retailers to manage their inventory.
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Estimate the gross income for Bling Enterprises, which reports a CFAT of $2.3 million, $900,000 in expenses, $900,000 in depreciation charges, and an effective tax rate of 28.9%. (Enter your answer in thousands of dollars and not in millions.)
The gross income for Bling Enterprises is $
The estimated gross income for Bling Enterprises is $3,231.56 thousand (or $3,231,560).
To estimate the gross income for Bling Enterprises, we need to start with the Cash Flow After Taxes (CFAT) and then add back the tax expense.
Given information:
CFAT = $2.3 million
Expenses = $900,000
Depreciation charges = $900,000
Effective tax rate = 28.9%
First, we calculate the tax expense:
Tax Expense = CFAT / (1 - Tax Rate) - CFAT
Tax Expense = $2,300,000 / (1 - 0.289) - $2,300,000
Tax Expense = $2,300,000 / 0.711 - $2,300,000
Tax Expense = $3,231,555.24 - $2,300,000
Tax Expense = $931,555.24
Next, we can calculate the gross income by adding back the tax expense to the CFAT:
Gross Income = CFAT + Tax Expense
Gross Income = $2,300,000 + $931,555.24
Gross Income = $3,231,555.24
However, the answer should be provided in thousands of dollars, so we divide the gross income by 1,000:
Gross Income (in thousands of dollars) = $3,231,555.24 / 1,000
Gross Income (in thousands of dollars) = $3,231.56
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The stock in Bowie Enterprises has a beta of 1.10. The expected return on the market is 12.40 percent and the risk-free rate is 3.21 percent. What is the required return on the company's stock
Based on the beta of Bowie Enterprises stock, the expected return on the market, and the risk free rate, the required return should be 13.32%.
What is the required return?You can find this using the Capital Asset Pricing Model:
Required return = Risk free rate + Beta x (Market return - risk free rate)
Solving gives:
= 3.21 + 1.10 x (12.40 - 3.21)
= 13.32%
In conclusion, the return is 13.32%.
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why are improvement required in traditional technology? give two reason.
Answer:
Technology can be used to improve teaching and learning and help our students be successful. Instead of the teacher being the only source of help in a classroom, students can access web sites, online tutorials, and more to assist them
Explanation:
The improvement required in traditional technology is to bring it up to date. The reason behind improving or updating anything is to give it the latest version so that it will be as useful as it was earlier.
Another reason is to make it available for the usage of current consumers.
What is traditional technology?Traditional technology refers to technology that uses late designs in the process. They were designed according to that time, when they were demanded for use.
Therefore, with the change in time, it is also required to improve traditional technology.
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Four year universities are the only type of school worth attending. True False
Answer:
false
Explanation:
Answer:
false
Explanation:
there are a number of other reliable schooling options
a investment banking firm found that an analytical skills selection test it had been using to hire financial associates actually helped the firm to obtain more major clients and to increase the revenue and profitability of the firm. this is an example of a selection test that possesses
This is an example of "predictive validity" in a selection test.
What is predictive validity?Predictive validity is a statistical concept that refers to the ability of a selection tool, such as a test, questionnaire, or interview, to accurately predict future job performance. Predictive validity is important for organizations as it helps ensure that the recruitment process is selecting individuals who are likely to perform well in the role for which they are being hired. The predictive validity of a selection tool can be determined by comparing the scores or responses from the tool to actual job performance data. High predictive validity indicates that the selection tool is an effective predictor of job performance, while low predictive validity suggests that the tool may not be the best indicator of success in the role. Predictive validity is an important consideration for organizations in their recruitment and selection processes.
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A company's return on equity is 15% per year, and its payout ratio is 60% and its retention ratio is 40%. It expects to pay a $1.25 per share dividend next year. If the company's cost of equity is 12% per year, what is the present value per share of its growth opportunities (PVGO)? 1) $2.64 2) $3.96 3) $4.28 4) $2.14 5) $3.50
The present value per share of its growth opportunities (pvgo) is $10.
to calculate the present value per share of its growth opportunities (pvgo), we need to determine the value of the Company future earnings that are expected to result from its growth opportunities.
pvgo can be calculated using the formula:
pvgo = expected dividends next year / cost of equity - retention ratio
given the information provided:
expected dividends next year = $1.25 (as mentioned in the question)
cost of equity = 12% per year
retention ratio = 40% (calculated as 1 - payout ratio)
let's calculate pvgo:
retention ratio = 1 - payout ratio = 1 - 60% = 40%
pvgo = $1.25 / 0.12 - 0.40
= $10.42 - 0.40
= $10.02 02.
since none of the provided s match the calculated value, it seems there might be a discrepancy or error in the given answer choices. please double-check the answer choices or provide any additional information if available.
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knowing a company's business standards will:
Answer:
Will help you get recognized as a valuable employee.
Explanation:
Company's business standard consists of measurements, acceptable practises, sets of instructions which serves as a limit for expected normal conduct in a business firm. It is an agreement between a company and it's employees as it relates to production, management, supply and delivery.etc.
Every company have it's own business standard which every employees are supposed to be familiar with. They are expected to align themselves with the standard of the organization. Understanding a company's business standard create cooperation between people and an organization hence assist in facilitating communication.
Therefore, knowing a company's business standard will help one get recognized as a valuable employee.
AnswerB.Help you get recognized as a valuable employee :)
Explanation:
a sales forecast can best be described as: a. the level of sales a business needs in order to break even. b. a fact-based prediction of the best, worst, and most-likely sales levels of a business. c. a determination of how extreme weather may affect sales levels.
A sales forecast is best described as b. a fact-based prediction of the best, worst, and most-likely sales levels of a business. It is not a determination of how extreme weather may affect sales levels or the level of sales a business needs in order to break even.
A sales forecast is a prediction of the amount of goods or services a business will likely sell in the near future. It is a prediction that is based on market trends, industry trends, competitor information, customer feedback, and other market research. Sales forecasts are typically based on historical data, but also take into account future projections.
Sales forecasts are often used to help businesses plan for the future, make decisions on investments, and help to estimate future cash flow. The forecasting process usually involves the use of forecasting tools and software to help the business create an accurate forecast. This forecast can then be used to help inform strategic decisions about pricing, promotion, and product placement.
Sales forecasts are also used to compare and evaluate the effectiveness of marketing and promotional campaigns, as well as track performance over time. Additionally, sales forecasts can be used to identify trends and changes in the market and to develop strategies to capitalize on those changes.
In summary, a sales forecast is a fact-based prediction of the best, worst, and most-likely sales levels of a business. It is an important tool that businesses use to help inform decisions and plan for the future.
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true or false: when a tax is imposed on buyers or sellers, the actual amount that buyers pay and sellers receive is the same no matter who pays the tax.
False, it is not always the case that the actual amount that buyers pay and sellers receive is the same. This is because the incidence of the tax depends on the elasticity of demand and supply. For example, if the demand for the product is very elastic, buyers will bear most of the burden of the tax. In contrast, if the supply of the product is very elastic, sellers will bear most of the burden of the tax.
When a tax is imposed on a good or service, it affects the supply and demand of that product. In the case of a tax on buyers, the price of the good or service goes up, and the quantity demanded goes down.
Thus, the tax burden is distributed between buyers and sellers depending on the elasticity of demand and supply. The distribution of the tax burden is often determined by the relative elasticity of supply and demand.
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explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
When Mia realized that Jason was getting paid more than her despite her greater qualifications for the job, she started claiming inappropriate travel reimbursements from the company to increase her monetary rewards. a. Equity Theory b. Expectancy Theoryc. Two-factor Theory
When Mia noticed that Jason was getting paid more than her despite for the position, she began requesting erroneous travel reimbursements from the employer to boost her financial benefits Expectancy Theory.
According to expectation theory (also known as expectancy theory of motivation), people choose one activity over another because they are motivated by what they anticipate the outcome of that chosen conduct will be. In essence, the outcome's attractiveness determines what conduct is chosen and why. The cognitive process through which a person interprets the various motivating components, however, forms the theoretical basis. This is carried out before making the final decision. Making a choice about how to act does not solely depend on the outcome.
When Mia noticed that Jason was getting paid more than her despite for the position, she began requesting erroneous travel reimbursements from the employer to boost her financial benefits Expectancy Theory.
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in the united states, total government purchases of goods and services make up about ____________________ percent of all the goods and services the country produces.
Term In the US, the total amount of products and services purchased by the government account for roughly 20% of all goods and services the nation generates.
Government purchases include goods and services purchased by federal, state, and local government agencies, such as defense spending, education, healthcare, infrastructure, and public administration.
According to the latest data from the Bureau of Economic Analysis (BEA), government purchases accounted for approximately 17% of GDP in 2020. This means that for every dollar of goods and services produced in the United States, about 17 cents were purchased by the government.
It is important to note that government purchases of goods and services are just one component of GDP, which also includes private consumption, Gross Domestic Product, and net exports. The relative size of government purchases in GDP can vary from year to year, depending on changes in government spending policies and economic conditions.
To learn more about Gross Domestic Product
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