The correct option is option c, i.e., Individual factors are person-specific, whereas codes of conduct are based on decisions made by groups or when carrying out tasks to meet business objectives.
Individual factors refer to personal characteristics or traits of a person, such as their beliefs, values, attitudes, and personality, that influence their behavior and decision-making. These factors are specific to each individual and can vary widely between people.
Codes of conduct, on the other hand, are sets of rules or guidelines that outline how individuals or groups should behave in a particular context, such as a workplace or industry. These codes are developed by organizations or groups to help ensure that everyone is acting in a consistent and ethical manner when carrying out tasks to meet business objectives.
Therefore, the statement "Individual factors are person-specific, whereas codes of conduct are based on decisions made by groups or when carrying out tasks to meet business objectives" is stating that individual factors are unique to each person, while codes of conduct are developed by organizations to guide behavior in specific contexts.
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Most licensed architects are members of which association? A. ACSA B. AIA C. NAAB D. NCARB E. NVOB
Answer: It is B. AlA
Explanation:ALA is open to all architects and professions related to architecture. Our members hold individual memberships and specialize in all types of architecture.
usually, when using public relations, a company pays for the space or time in the media.
Public relations (PR) typically involves a company paying for media space or time to promote its message. This approach allows businesses to control the content and timing of their communications, ensuring their messages reach a wider audience. Paying for media coverage is a common practice in PR strategies, enabling companies to convey their desired narratives effectively.
In the realm of public relations, companies often invest in paid media placements as part of their communication strategies. By paying for media space or time, businesses can secure specific slots in newspapers, magazines, television programs, radio shows, or digital platforms. This approach provides control over the content and timing of their messages, ensuring that their narratives align with their objectives and target audience. Purchasing media space allows companies to disseminate information to a broader audience and gain exposure. They can strategically craft their messages, focusing on key aspects of their brand, products, or services that they want to highlight. By paying for media coverage, businesses can choose the channels and platforms that are most relevant to their target audience, maximizing the chances of reaching potential customers. Furthermore, paying for media placements allows companies to have a certain level of control over the timing of their communications. They can coordinate their PR efforts with specific events, product launches, or marketing campaigns, ensuring that their messages align with their overall strategies. By paying for media coverage, companies can secure prominent placements that attract attention and generate brand awareness, helping them build a positive reputation and increase their visibility in the market. In summary, paying for media space or time is a common practice in public relations. It provides companies with the ability to control the content and timing of their messages, allowing them to reach a wider audience and convey their desired narratives effectively. This approach is an essential component of many PR strategies, enabling businesses to promote their brand, products, or services through various media channels.
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Imagine you are the owner of a small local peanut butter company. You have many competitors in the peanut butter market but your products are unique
because you offer chocolate, hazelnut, and cinnamon raisin peanut butter flavors. Thinking about your competitive strategy, what should be your main focus?
O A. keeping a competitive edge by marketing your unique peanut butter flavors
B. how to grow the company by adding new flavors each month
C. social responsibility
OD. sending out free samples to gain new customers
Answer:
A
Explanation:
keeping a competitive edge
The total revenue curve for a monopolist will a. start high, rise, and then decline. b. start high, decline, and then rise. c. start low, decline, and then rise.
d. start low, rise, and then decline.
The correct answer is a.
The total revenue curve for a monopolist will start high, rise, and then decline. This is because a monopolist has control over the market and can set prices higher, which results in higher revenue. However, as the price continues to rise, the quantity demanded decreases, which leads to a decline in revenue. Therefore, the total revenue curve for a monopolist will have a maximum point where the slope is zero, and after that point, it will decline.
The correct option is (a) start high, rise, and then decline.
The total revenue (TR) is the total amount of money a firm receives from selling its products. For a monopolist, the TR curve is downward sloping, meaning that as the quantity sold increases, the price at which each unit is sold must decrease in order to sell the additional units.
At low levels of output, a monopolist can charge a high price because there are no close substitutes for its product. As the monopolist increases output, however, it must lower the price to attract more buyers, which leads to a decline in the marginal revenue (MR) for each additional unit sold.
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OK YALL IM AT STARBUCKS WHAT YALL WANT ;D
value of the additional output that an extra unit of a resource can produce. cost of hiring an additional unit of a resource. extra cost of producing an additional unit of output. increase in total output when an additional unit of an input is hired. change in total revenue when an additional unit of a good is sold.
Answer:
never mind
Explanation:
never mind is always never mind
Thinking and note-taking Discuss the effects of advertising on your day-to-day life with a partner.
Organize your ideas in the diagram. Use your notes from your brainstorming on topic vocabulary
about advertising in activities 1 and 2.
Opinions
Reasons
Education
Facts / Examples
The discussion of the effects of advertising on your day-to-day life with a partner is done below:
Opinions: Advertisers try to make people seem miserable if they do not make use of their product.
Reasons: This is seen in the types of ads that are used as bandwagon fallacy is one of the most popular which tells you that since a large number of people are using the product, why should you be left out?
Education: There are different ways of disseminating these adverts and they can be done through TV, billboards, social media, etc
Facts / Examples: A company selling toothpaste can make an advert with the caption, "If 20 million people trust our product, you should too" and then someone with pure white teeth flashes a smile.
What is Advertising?This refers to the creation of awareness for a particular product so that people would come and purchase the product.
Hence, we can see that the discussion of the effects of advertising on your day-to-day life with a partner is done above.
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________ helps people find better solutions to problems using innovative problem-solving methods.
Design thinking helps people find better solutions to problems using innovative problem-solving methods by focusing on empathy, ideation, prototyping, and testing to drive creative and user-centered solutions.
Design thinking is a problem-solving approach that helps people find better solutions by employing innovative methods. It starts with understanding the needs and perspectives of the people affected by the problem through empathy. This empathetic understanding allows for the identification of underlying issues and opportunities. The next step involves generating a multitude of ideas through brainstorming and ideation sessions, encouraging diverse perspectives and unconventional thinking. These ideas are then transformed into tangible prototypes or mock-ups that can be tested and refined based on user feedback. By iterating through this process, design thinking fosters a creative and user-centered mindset, enabling individuals to discover novel and effective solutions to complex problems.
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What are some ways to make a higher education more affordable?
Answer:
Income Share Agreements
Three-year degree programs
Partnerships
Freezing Tuition
Tuition Reset
Community College
Explanation:
Siri, who is driving her automobile, is injured when another driver negligently causes an automobile accident. Siri hires a lawyer to represent her on a 35 percent contingency-fee basis. If the lawyer wins the case for Siri or settles the case with Siri's approval, he will earn 35 percent of whatever is collected from the defendant. If the lawyer does not win or settle the lawsuit, he gets paid nothing. The agent can recover this amount from the principal because of the duty to _______.
Answer:
to compensate
Explanation:
What type of material is a land resource in the production process?
Everything that derives from the land, including all natural resources needed to create goods and services, is referred to as "land." Natural resources such as water, oil, copper, natural gas, coal, and forests are examples of common land. The production process uses land resources as its raw materials.
What is production process?Industrial processes are actions that involve chemical, physical, electrical, or mechanical phases to help with the production of an object or things, typically done on a very large scale. The foundation of heavy industry is industrial processes. In order to offer consumers with goods and services, a production process is a way of using economic input or resources, such as labour, expensive machinery, or land. A production process typically entails all the processes a facility might take to establish production quotas, develop and assemble products, and then distribute them to clients or independent retailers. Various manufacturing methods and procedures, such as 3D printing, joining, or casting, may be included.To learn more about production process, refer to:
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Those who manage the work on the front lines are most involved with what component of the planning process?.
Those in charge of monitoring action on the front lines typically handle the operational planning element of the planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year
What is more about planning process.Planning is the act of dividing one's thoughts into manageable steps. Planning is divided into four primary categories: strategic, tactical, operational, and contingency planning. To determine their goals and objectives, organizations use the strategic planning process.
Operational planning is a helpful document that details the primary duties and objectives a company will pursue during a specified time period, typically a year. It frequently has connections to finance agreements and, in a broader sense, to the organization's strategic objective.
A manufacturer developing a plan to increase sales by 30% is an example of operational planning.
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Which of the following is most likely to produce scientific evidence about a theory?
a. an economist employed by the AFL/CIO doing research on the impact of trade restrictions on workers' wages
b. a radio talk show host collecting data on how capital markets respond to taxation
c. a tenured economist employed at a leading university analyzing the impact of bank regulations on rural lending
d. a lawyer employed by General Motors addressing the impact of air bags on passenger safety
When the economist is employed for the university so it affects the bank regulations. This represent the generation of the scientific evidence related to the theory.
The following information should be considered
The tenured economist should give scientific proof related to the theory. In this, the primary data is collected & then transform into the theoryIn option a, only do the research. The rest of the options does not give scientific evidence.Therefore we can conclude that option c is correct.
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When courts consider economic duress, they consider all the following factors EXCEPT
a. relative bargaining power.
b. financial distress.
c. legitimate business purpose.
d. relative size of the contract.
When courts consider economic duress, they take into account factors such as relative bargaining power, financial distress, and legitimate business purpose. However, they do not consider the relative size of the contract.
The correct answer is D. When courts assess cases involving economic duress, they typically consider several factors to determine if one party exerted undue pressure on the other, rendering the agreement unfair or unenforceable. These factors generally include the relative bargaining power between the parties, any financial distress experienced by the coerced party, and whether there was a legitimate business purpose behind the contract.
The relative size of the contract, or the monetary value of the agreement, is not typically a direct factor in assessing economic duress. While the overall value of a contract may indirectly impact the bargaining power or financial distress of the parties, it is not a standalone consideration in determining if economic duress occurred.
Courts focus on examining the circumstances surrounding the agreement to assess whether one party was forced into the contract due to circumstances that deprived them of their ability to exercise free will and make voluntary decisions.
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Which digital ads Bee Firm NRG can use to increase awareness of
a brand and encourage interaction with the brand? Create a campaign
for the product.
Digital ad selection should be in line with Bee Firm NRG's target market, marketing objectives, and budget. To improve upcoming campaigns, it is advised to use metrics and analytics to assess the efficacy of each advertising channel.
Bee Firm NRG can reach its target audience by working with significant people in the industry or niche who are regarded as reliable and reputable. Influencers might produce paid content, testimonials, or endorsements to promote engagement with the company.
When users search for relevant keywords, Bee Firm NRG may be made to stand out in the search results by using platforms for search engine advertising channels like Search engine Ads. This can raise brand awareness and boost website traffic.
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For years, Andrew worked for a national airline as a pilot. When the stress got to him, he decided to simplify his life. He packed his bags and moved to Key West. Andrew decided to start his own transportation and touring service for travelers. To accomplish his goal, he needed to purchase a small commuter plane. He only had one problem-money.
Andrew telephoned his very wealthy uncle in Seattle to see if he would like a piece of the action. Andrew proposed that he would run the day-to-day activities of the company, while his uncle would just provide a percentage of the capital. His uncle agreed, and Andrew contacted an attorney to develop a written agreement.
The form of business ownership or ownership strategy depicted in this case is a partnership.
What is the explanation for the above response?Specifically, it appears to be a limited partnership where Andrew is the general partner who will manage the day-to-day activities of the company, and his uncle is the limited partner who will only provide a percentage of the capital.
The agreement developed by the attorney will likely outline the roles and responsibilities of each partner, the percentage of ownership and profit distribution, and any limitations on the limited partner's involvement in the company's management.
This ownership structure allows Andrew to benefit from his uncle's financial support while still retaining control over the business's operations.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
Determine the form of business ownership or ownership strategy that this case depicts. You need to write a detailed reason for your choice.
For years, Andrew worked for a national airline as a pilot. When the stress got to him, he decided to simplify his life. He packed his bags and moved to Key West. Andrew decided to start his own transportation and touring service for travelers. To accomplish his goal, he needed to purchase a small commuter plane. He only had one problem-money.
Andrew telephoned his very wealthy uncle in Seattle to see if he would like a piece of the action. Andrew proposed that he would run the day-to-day activities of the company, while his uncle would just provide a percentage of the capital. His uncle agreed, and Andrew contacted an attorney to develop a written agreement.
firm recently announced that it will pay annual dividends of 0.92and 1.10 a share over the next three years, respectivelyAfter that, the firm plans to increase its dividend by 3% annually What is one share of this stock worth to you today if you require a 12% rate of ?
One share of this stock is worth approximately $14.70 to you today if you require a 12% rate of return.
To calculate the present value of a stock, we need to discount the future dividends at the required rate of return. In this case, the required rate of return is 12%.
Let's break down the information given:
1. The firm plans to pay annual dividends of $0.92 and $1.10 per share over the next three years, respectively.
2. After three years, the firm plans to increase its dividend by 3% annually.
To calculate the present value, we will use the dividend discount model (DDM).
The formula for DDM is:
\(Present Value = Dividend / (1 + Rate of Return)^n\)
Where:
- Dividend is the expected dividend payment
- Rate of Return is the required rate of return
- n is the number of years
Now, let's calculate the present value for each year's dividend:
Year 1:
Dividend = $0.92
Rate of Return = 12%
n = 1
Present Value
\(= $0.92 / (1 + 0.12)^1 \\= $0.92 / 1.12 \\≈ $0.82\)
Year 2:
Dividend = $1.10
Rate of Return = 12%
n = 2
Present Value
\(= $1.10 / (1 + 0.12)^2 \\= $1.10 / 1.2544 \\≈ $0.88\)
Year 3:
Dividend = $1.10
Rate of Return = 12%
n = 3
Present Value
\(= $1.10 / (1 + 0.12)^3 \\= $1.10 / 1.4049 \\≈ $0.78\)
Next, we need to calculate the present value of the expected dividends beyond the third year, taking into account the 3% annual increase:
Dividend after the third year = $1.10 (the dividend in the third year)
Growth rate = 3%
Rate of Return = 12%
Using the Gordon Growth Model, the formula to calculate the present value of the expected dividends beyond the third year is:
Present Value = Dividend / (Rate of Return - Growth Rate)
Present Value
\(= $1.10 / (0.12 - 0.03) \\= $1.10 / 0.09 \\= $12.22\)
Finally, we sum up the present values of all the dividends to get the total present value of the stock:
Total Present Value = Present Value Year 1 + Present Value Year 2 + Present Value Year 3 + Present Value beyond Year 3
Total Present Value
\(= $0.82 + $0.88 + $0.78 + $12.22 \\≈ $14.70\)
Therefore, one share of this stock is worth approximately $14.70 to you today if you require a 12% rate of return.
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Narine would like to have $19,000 in her savings account in 5.5 years time. If the account earns 4% compounded semi-annually (j2), how much should she deposit in the account today in order to reach her goal.
Narine should deposit approximately $15,775.13 in her savings account today to reach her goal of $19,000 in 5.5 years with an interest rate of 4% compounded semi-annually.
To calculate the amount Narine should deposit today, we use the formula for present value of a future amount compounded periodically. Given that Narine wants to have $19,000 in her savings account in 5.5 years and the account earns 4% interest compounded semi-annually, we can plug the values into the formula.
Using the formula P = A / (1 + r/n)^(nt), we calculate the present value (P) by dividing the future amount (A) by the compound interest factor (1 + r/n)^(nt).
After substituting the values, we find that Narine should deposit approximately $15,775.13 today to reach her savings goal.
therefore, in order to have $19,000 in her savings account in 5.5 years with an interest rate of 4% compounded semi-annually, Narine needs to deposit approximately $15,775.13 today. This calculation considers the time period, interest rate, and compounding frequency to determine the necessary deposit amount to achieve the desired future amount.
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You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim?
You see an ad for a payday lender which ends with the tagline, “One payday loan is all it takes to get you back on track.” Does the data above support their advertising claim? No, it does not support their advertising claim.
As a business owner, what are the costs and benefits of moving half your production abroad?
As a business owner, the costs and benefits of moving half your production abroad involve financial expenses, labor, logistics, and market access. Costs may include higher transportation expenses, potential legal and regulatory hurdles, and possible cultural and communication barriers. Benefits can include access to lower labor costs, increased global market reach, and potential tax incentives.
Detailed answer: The costs of moving half your production abroad involve various aspects, such as:
1. Financial expenses: Initial investment to set up production facilities in a foreign country, as well as ongoing operational costs.
2. Transportation and logistics: Higher shipping costs and increased lead times due to distance and potential customs delays.
3. Legal and regulatory hurdles: Compliance with local laws and regulations, which may differ significantly from your home country.
4. Cultural and communication barriers: Differences in language, business practices, and cultural norms may lead to misunderstandings and require additional training and support.
On the other hand, the benefits of moving production abroad include:
1. Lower labor costs: Access to a more affordable workforce can result in significant cost savings.
2. Global market reach: Expanding production to another country may facilitate entry into new markets and provide access to a broader customer base.
3. Tax incentives: Some countries offer tax breaks and incentives to attract foreign investment, which can reduce the overall costs of production.
4. Diversification: Operating in multiple locations can help mitigate risks associated with political, economic, or environmental factors in any single country.
In conclusion, moving half your production abroad has both costs and benefits that a business owner must carefully consider based on their unique circumstances and objectives.
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Is the value that you calculate in the last question more or less than the total gain for buyers as a group when there is no price ceiling.
In this case, for buyers as a group, the gain with the ceiling is greater than the gain without a ceiling.
A Price Ceiling: What Is It?The imposed maximum price a seller is permitted to charge for a good or service is known as a price ceiling. Price ceilings are often imposed on necessities like food and energy supplies when they become unaffordable for average customers. Price ceilings are typically established by law.
In essence, a price cap is a form of pricing control. Price caps can be useful for making necessities affordable, if only briefly. However, economists debate the long-term value of such ceilings.
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Correct question:
This table repeats the buyer values and seller costs. In a market with no restrictions on prices, the total gain captured by buyers and sellers will be $66, with $33 in gain for sellers and $33 in gain for buyers. (You can calculate these values by figuring out who trades at the equilibrium price and calculating how much gain each of them captures.)
With a price ceiling of $8.50, fewer trades will take place. The total gain for buyers and sellers will be lower, although as you will see, it is uncertain exactly how much lower. These problems show you why the gain is uncertain. They also encourage you to think about the following question: Who wins and who loses when there is a price ceiling? If you were representing the interests of all buyers, would you be in favor of a price ceiling?
Buyers V Seller Seller Cost
1 $16 1 $4
2 $15.50 2 $4.50
3 $15 3 $5
4 $14 4 $6
5 $13.50 5 $6.50
6 $13 6 $7
7 $12.50 7 $7.50
8 $12 8 $8
9 $11 9 $9
10 $10.50 10 $9.50
11 $10 11 $10
12 $9.50 12 $10.50
Is the value that you calculated in the last question more or less than the total gain for buyers as a group when there is no price ceiling?
A. In this case, for buyers as a group, the gain with the ceiling is greater than the gain without a ceiling.
Uotline how an increase in minimum wage and new health might increase firm cost
An increase in the minimum wage would likely increase a firm's costs in the following manners:
Requirement to pay their employees more possible layoffsExtra cost in catering for labour andpossible high tax incrementHow are these increases in minimum wage and new health might increase firm cost?The increase in minimum wage and new health might result into a number of consequences for the firm, such as higher prices for goods and services, reduced profits, and possibly even layoffs if the firm is unable to absorb the additional labor costs.
The implementation of new health care policies could also increase a firm's costs. For example, if the government mandates that employers provide health insurance to their employees, this would be an additional cost for the firm. Similarly, if the government increases taxes to pay for new health care programs, this would also be a cost that firms would have to bear.
Overall, both an increase in minimum wage and new health care policies would likely result in increased costs for firms, which could have negative consequences for the firms and the economy as a whole.
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The Gillette Company is known for producing innovative products. The company’s willingness to conduct consumer research and obtain information on what customers want in a shaving product has allowed it to continually hold a first-mover advantage. The following is a list of innovative shaving products introduced by Gillette:
Product
Year Produced
Safety razor 1901
Twin-bladed razor 1972
Twin-bladed disposable razor 1976
Pivoting-head razor 1979
Pivoting-head disposable razor 1980
Razor designed specifically for women 1992
Triple-blade razor 1998
Battery-powered razor 2004
Since the Gillette Company had the first-mover advantage in successfully producing the products listed in the case study, which of the following is true?
A. No other company successfully produced a pivoting-head razor before 1979.
B. Other companies successfully produced a triple-blade razor before 1998, but Gillette had a better marketing department.
C. Gillette Company bought the patent for the battery-powered razor from a company that no longer wanted to make the product.
Which of the following statements provides an accurate interpretation of the diagram for sustaining a competitive advantage?
A. The best way to sustain a competitive advantage is to have large hard drives.
B. A company can answer "yes" to only two questions and still sustain a competitive advantage.
C. A company must answer "yes" to all three questions in order to sustain a competitive advantage.
The correct response is A. No other company successfully produced a pivoting-head razor before 1979 and C. A company must answer "yes" to all three questions in order to sustain a competitive advantage.
A worldwide technology business with American and Singaporean roots, Razer Inc. creates, develops, and markets gaming equipment, financial services, and consumer goods. Their mice are excellent, and Razer is known for producing high-quality gaming equipment. If you're searching for a nice gaming mouse, you probably won't go wrong with most of the alternatives from Razer because their devices are generally well-built and provide good performance and customization possibilities. Since 2003, the Razor brand in the U.K. has been linked to delighting children of all ages. Razor U.K. believes there are no boundaries, whether your first taste of freedom came from your favourite birthday present, a RipRider 360, or from cruising through your neighbourhood park on your A5 while enjoying the sunshine.
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WILL MARK BRAINLIEST
Etiquette Inc. earns $150,000 as income from services in a particular accounting period. The company's operating expenses for this period are
$35,000. What is the company's net income?
The net income Etiquette Inc. earns is $______.
Answer:
$115,000
Explanation:
150,000-35,000
A business analyzes what competitors are charging for products.
When a business analyzes what the competitors are charging for their products, it is known as the process of marketing info management.
What is the significance of business competitors?A business competitor can be referred to or considered as an organization that deals in the same product that is offered for sale by other enterprises in the same market.
It is important for a business to keep an eye on the acts of its competitors, as it helps them in keeping themselves updated with marketing info management.
Therefore, the significance regarding the business competitors has been aforementioned.
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Helen is planning to open a high-fashion clothing store for young professional women. Which descriptor is the most important consideration for the fixtures?
Practical
Elegant
Economical
For a high-fashion clothing store for young professional women, the most important consideration for the fixtures would be "elegant."
The store's fixtures, including display cases, shelving, and racks, should match the aesthetic of the clothing being sold and provide an overall sophisticated and upscale atmosphere to appeal to the target demographic. Young professional women are likely to be interested in purchasing clothing that makes them feel fashionable and sophisticated, and the fixtures should complement this desire.
While practicality and economy are important factors to consider, they should not be prioritized over the overall elegance and aesthetic appeal of the fixtures, as they contribute significantly to the customer's shopping experience and perception of the brand.
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Jordan loves creating short films using his phone camera and small posable figures. He has learned how to edit the videos so that it looks as if the figures are alive and moving! What possible career paths might Jordan want to consider for his future? Explain.
Answer:
You tube , computer enjneer
Explanation:
Answer:
"A possible career path that Jordan would consider taking for his future are videography, music/video editor, or even an influencer of some sort! Becoming a videographer could widen his knowledge about the electronics he enjoys working with. He could possibly turn something that he's passionate about into something small like short films on a phone all the way to a Hollywood movie." all credit goes to foochy, the original creator of this paragraph. foochy is a brainly user.
_____ or short saying of wisdom or truth were used to teach lessons to the people
Answer:
ygyvuyvuhuvhuh
Explanation:
In the past, your team has run projects using a more formal Waterfall method and now is incorporating Agile methodologies. What will be the biggest difference in how you manage your projects
The biggest difference in managing projects when transitioning from a formal Waterfall method to Agile methodologies will be the shift in focus from a linear, sequential approach to an iterative, flexible one.
The biggest difference in managing projects using Agile methodologies instead of the Waterfall method is the increased level of flexibility and adaptability. Agile emphasizes collaboration, continuous feedback, and iterative development. This means that the team will be able to respond more quickly to changes and deliver incremental value to the customer. The role of the project manager also shifts in an Agile environment, with more focus on facilitating the team's progress and removing obstacles rather than directing tasks. Additionally, Agile places a greater emphasis on transparency and communication, with regular check-ins and status updates to ensure that everyone is aligned and working towards the same goals.
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A university is deciding between two meal plans. One plan charges a fixed fee of $600 per semester and allows students to eat as much as they want. The other plan charges a fee based on the quantity of food consumed. Under which plan will students eat the most? Explain through economic theory.
Answer:
Students will eat the most under the fixed fee plan.
Explanation: The fixed fee plan whereby students can eat as much as they can after paying a one - time semester fee of $600 seems to provides students with a breakthrough from consumption constraint. One of the major factors which hampers the consumption rate of an individual is income. However, once there is no need to pay any additional fee aside the first payment, the issue of eveluating one's income when about to eat is expunged. The other plan seems expensive and will have a greater impact on student's income as the cost of food will increase with the number of meals taken therefore allowing student's to be more prudent in their consumption.