Capacity is the capability of a worker, machine, work center, plant, or organization to produce output per time period true or false
Answers
Capacity is the capability of a worker, machine, work centre, plant, or organization to produce output per time period. This statement is TRUE.
What is capacity, Capacity refers to the number of goods or services that a worker, machine, work centre, plant, or organization can produce in a given time period. In other words, capacity is the amount of output per time period that a system is capable of producing.
There are a variety of factors that influence the capacity of a system, including the availability of resources (such as labour, materials, and equipment), the efficiency of the production process, and the quality of the products being produced. By analyzing these factors, managers can identify ways to improve the capacity of their systems and increase their output.
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Jerome measures the length of 40 ropes and uses a line plot to organize his data. A. How many more ropes are there that are yard long or greater than ropes that are less than yard long? There are more ropes that are yard long or greater than ropes that are less than yard long b. Explain how you got this answer
Answers
Answer:
20
Explanation:
I make all the denominators the same, 1/4 becomes 2/8, and 1/2 becomes 4/8. I see which fractions are smaller than 3/8, which are 2/8 and 1/8. I count how many X's are there in 3/8 and the ones that are smaller than 3/8 which are 2/8 and 1/8. 3/8 has 5 X's, 2/8 has 2 X's, and 1/8 has 3 X's. Altogether there are 10 X's. 1 X = 2 ropes, so I multiply the 10 X's into 2 which is 20 ropes. There are 20 more ropes that are 3/8 yard long or greater than ropes that are less than 3/8 yard long.
Help me answer these questions.
Answers
Park and Kang's success in raising capital is attributed to their compelling business idea, effective communication skills, and a strong track record of entrepreneurial success.
What Factors Contributed to Park and Kang's Successful Capital Raise?Park and Kang's success in raising capital for their business venture can be attributed to several factors. Firstly, they had a compelling and well-researched business idea that resonated with potential investors.
Additionally, they were able to clearly communicate their business plan, market potential, and financial projections, which instilled confidence in investors. Lastly, Park and Kang had a strong track record of entrepreneurial success and demonstrated their competence and commitment to the venture.
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Background: Imagine you are assigned to serve as a consultant to advise the CEO of a real multinational company (see choices below). You (and your team) will carry out necessary research, analyses, measurements given your company's unique position to enter a foreign market (see choices below), and make appropriate recommendations for international risk identification, measurement, management. The goal of this assignment is to give you an opportunity to role-play as a consultant to advise a top executive to revamp a company's risk management strategy in the post-globalization and post-COVID era. Company Choices (Choose only one): New York Times, CNN, AMC Theaters, GEICO Insurance, Marriott International, AirBNB, Lyft, or a local bar/nightclub currently operating in your area. Country Choices (Choose only one): Bangladesh, China, Nigeria, Pakistan, Turkey, South Africa, or Venezuela Background: Imagine you are assigned to serve as a consultant to advise the CEO of a real multinational company (see choices below). You (and your team) will carry out necessary research, analyses, measurements given your company's unique position to enter a foreign market (see choices below), and make appropriate recommendations for international risk identification, measurement, management The goal of this assignment is to give you an opportunity to role-play as a consultant to advise a top executive to revamp a company's risk management strategy in the post-globalization and post-COVID era. Company Choices (Choose only one): New York Times, CNN, AMC Theaters, GEICO Insurance, Marriott International, AirBNB, Lyft, or a local bar/nightclub currently operating in your area Country Choices (Choose only one): Bangladesh, China, Nigeria, Pakistan, Turkey, South Africa, or Venezuela. Deliverables/Contents: You, along with your teammate(s), will prepare and submit the following audiovisual presentation addressing the tasks assigned below. 1) Which of the given country locations should the focal company choose for its foreign market entry? 2) Given your location choice, identify and discuss your focal company's top three socio- political risks. 3) What is the extent of these risks given your focal company's operations in that country? How would you measure/quantify them (including them in your ROI calculations)? 4) Based on your research and analysis, critically evaluate, inform, and discuss the central issues facing international risk management with an outline to create a robust ERM (enterprise risk management) system for your focal company.
Answers
IntroductionThe aim of this assignment is to serve as a consultant to advise the CEO of a real multinational company to revamp a company's risk management strategy in the post-globalization and post-COVID era. In this paper, the selected company is Marriott International, and the chosen country is Nigeria.
Tasks1. Country selectionThe choice of Nigeria as a market entry location for Marriott International is based on various factors. The first factor is the high level of urbanization in Nigeria. Nigeria has a population of over 200 million people, with over 50% of the population residing in urban areas. The high level of urbanization has led to a surge in demand for quality hospitality services. Additionally, Nigeria has a thriving economy with a GDP of over $400 billion. The country's economy is driven by various sectors,
2. Socio-political risks in NigeriaThe three socio-political risks that Marriott International may face in Nigeria are political instability, terrorism, and corruption. Political instability in Nigeria is characterized by frequent cases of ethnic violence and religious conflict. The presence of terrorist groups such as Boko Haram in the country poses a significant threat to Marriott International's operations. Corruption in Nigeria is widespread and has permeated various sectors of the economy.
3. Extent of risks and how to measure/quantify themThe extent of the risks can be measured by assessing their potential impact on Marriott International's operations in Nigeria. Political instability may lead to a decline in demand for hospitality services. Terrorism may lead to a decrease in the number of tourists visiting Nigeria, which would adversely affect Marriott International's business. Corruption may result in increased operational costs for Marriott International. To quantify the risks, Marriott International
can use various risk management tools such as scenario analysis, sensitivity analysis, and simulation.
4. Central issues facing international risk management The central issues facing international risk management include the increasing complexity of the global business environment, the rapid pace of technological change, and the changing nature of risks.
The risks can be quantified using various risk management tools such as scenario analysis, sensitivity analysis, and simulation. Marriott International can create a robust ERM system by adopting a comprehensive approach that involves identifying, assessing, and managing risks at all levels of the organization.
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1. Your friend asks to borrow $50 and offers to pay you back with interest. What factors
would you consider in your decision to accept or decline their request?
Answers
The factors that you have to think about would before giving out the loan would be the following:
The loan periodThe ability to pay back the loanThe interest that is on the loanHow the money is to be returned.What is a loan?This is the term that is used to refer to an amount of money that would be given to a person that is the borrower by the lender for a period pf time and for them to pay back with interest.
To be able to determine if you are to give out a loan, you have to take the ability of the person to pay you back the amount as a fator.
Also you have to check the character of the person that you are to loan the money to.
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Jared had studied extremely hard for his math test and believed he had understood the material and memorized the formulas. As he entered the classroom and sat at his desk, he began to worry. He was fearful that he had not prepared enough to do well on the test. The tests were passed out, and he turned his over to begin. As he read the first question, he panicked and his mind went blank. He had a classic case of test anxiety. Which of Jared’s anxiety reactions was physical? He panicked. He began to worry. He was fearful. His mind went blank.
Answers
Answer:
He began to worry.vvv
Explanation:
Answer:
"(A)" not 100% percent sure but I'm 99.9 percent sure it's right because I am very confident in my decision
Explanation:
tell me in the comments if it's right, if it's wrong I'll change my answer as soon I notice but please don't hate because this is what I think
investment in _____ is the largest investment for many firms.
Answers
The investment in "property and equipment" is the largest investment for many firms.
Property and Equipment (PPE) is a tangible fixed asset that is used to produce products or services, provide rentals, and create investments. These are long-term assets that aren't going to be sold or transformed into cash anytime soon. They are also called "capitalized" assets because they are worth a significant amount of money, take more than a year to pay off, and are expected to last more than one year.
PPE includes all types of machinery, equipment, and furniture that are used by a firm. It also includes land, building, computers, vehicles, tools, and much more. These items are frequently capitalized because they are essential to the organization's operations and cannot be easily liquidated. PPE is also used to increase productivity and efficiency, as well as to generate more revenue for the company.
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Why is lying or exaggerating on your resume, job application, or during an interview wrong? Why might someone choose to do this? What will most likely happen if the prospective employer finds out about the lie or exaggeration?
Answers
One reason someone might choose to lie or exaggerate on their job application or during an interview is because they believe it will increase their chances of getting hired. For example, they may lie about their qualifications, work experience, or education to appear more qualified for the position. They may exaggerate their accomplishments or job responsibilities to make themselves look more impressive.
However, if the prospective employer discovers the lie or exaggeration, it can lead to serious consequences, such as being disqualified from consideration for the job, being fired if already hired, and damage to their professional reputation. In some cases, it may even result in legal action or criminal charges.
In addition to the potential legal and professional consequences, lying or exaggerating on a job application or during an interview can also harm the individual's self-esteem, credibility, and integrity. It can create a cycle of dishonesty that ultimately undermines their ability to succeed in their career.
Overall, it is important to be honest and transparent throughout the job application and interview process. Even if it means admitting to a lack of experience or qualifications, it is better to be upfront about it than to lie or exaggerate. By doing so, individuals can build trust with prospective employers and establish a foundation for a successful and rewarding career.
Maxwell Agricultural Inc. is a farm implement manufacturing company. It distributes shares of stock to its employees by placing the stock in a trust managed on the employees' behalf. What is Maxwell Agricultural using in this scenario
Answers
When the agricultural company distributes its shares of stock to its employees, the scenario is known as Employee Stock Ownership Plan.
Employee Stock Ownership Plan is an example of benefit plan for the employee because the company gives its employees ownership interest in the company.
The action for the Employee Stock Ownership Plan is to motivates, retain and rewarding its employeesIn conclusion, when company distributes its shares of stock to its employees, the scenario is known as Employee Stock Ownership Plan.
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PILLAY MANUFACTURERS (PM) mutual agreement for work performed at night after 18:00 and before 6:00 the following day. Pillay manufacturers specialises in the manufacturing of fruit juice. Employees at PM have a normal rate. PM provided all black employees with learnerships and learning programmes. Black females are given opportunities to be included in shareholding in the business. Newly appointed employees were given access to the employment contract and were also inducted on different aspects. The induction programme included the following aspects: The tour of the premises, introduction to key people and immediate colleagues and a discussion of employee benefits. The business strives to set a code for ethical and effective leadership by the board of directors, by ensuring that all King Code principles are applied in all dealings. Employees have demonstrated some unprofessional business practices by taking extended lunch breaks to do their shopping. 1.1.1 PM needs to identify problems that affect their operations to make informed decisions. Brainstorming and force field analysis have been applied to enable them to solve complex business problems. Name TWO provisions of BCEA from the scenario above
Answers
Considering the scenario above, the two provisions of the BCEA would be:
The mutual agreement for night work after 6 pm and 6 am.The induction program that includes discussing employee benefits.What is the BCEA?Corresponds to an acronym for Basic Conditions of Employment Act, which is a South African labor law, which aims to provide decent standards and rights for local workers. Some of its principles are related to:
Working hoursOvertimeAnnual leaveLicensesTermination of the employment contractTherefore, BCEA is essential for labor regulation in South Africa, establishing rules on wages, child labor and other workers' rights.
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the prediction that the per capita gdp of poor nations will eventually grow at a more rapid pace than the per capita gdp in rich nations is known as: answer unselected constriction. unselected the wealth model. unselected catch-up.
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The prediction that the per capita GDP of poor nations will eventually grow at a more rapid pace than the per capita GDP in rich nations is known as catch-up.
Gross domestic product (GDP) is the overall value of goods and services produced in a country in a given period of time. Per capita GDP is obtained by dividing the country's GDP by its population. The per capita GDP is also known as the per capita income, and it represents the average income per person in a country.
The catch-up growth theory suggests that poorer nations' economies will grow faster than wealthier countries' economies. As the economy grows and the standard of living improves, countries can catch up with and surpass wealthy nations' standards. This is why the catch-up growth theory is named as such.
The per capita GDP in poorer nations will eventually rise at a quicker pace than the per capita GDP in wealthier countries due to catch-up growth. So, the prediction that the per capita GDP of poor nations will eventually grow at a more rapid pace than the per capita GDP in rich nations is known as catch-up.
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Describe two ways you can demonstrate desirable qualities on the job.
Answers
Answer:
Leadership
Even in entry-level positions, most employers look for evidence of leadership qualities. Successful companies need self-starters who are not afraid to take responsibility.
Teamwork
Many occupations require to work efficiently with others on work on projects or towards a common goal.
Communication and Interpersonal Skills
According to recruiters, the ability to communicate effectively with others and get along with a variety of different types of personalities are two of the most desirable qualities in job candidates.
Analytical Skills
The ability to recognize problems, distill and define the pertinent issues, and determine and propose effective solutions is invaluable to any employer.
Dependability and a Strong Work Ethic
Employers want reliable employees so candidates should demonstrate dependability, responsibility, and consistency in their job performance.
Maturity and a Professional Attitude
Even new hires should demonstrate poise, maturity and professionalism.
Adaptability and Flexibility
Employers need to know that the people they hire can expand and change as their companies do.
Good Personality
At the interview stage, you possess the qualifications necessary for the job. It comes down to whose personality fits better with the culture of the company.
Related Work Experience
Previous employment in part-time jobs and internships is highly desired by employers.
Initiative and Motivation
Signs of initiative are very compelling for the interviewer. The ideal employee knows when to take action without prodding by management.
Creativity and Intelligence
People who are constantly thinking of new ways to accomplish tasks make excellent job candidates.
Strong Grades
Recruiters often use GPA as a way of screening job candidates. If your academics are less than exemplary, use the interview to demonstrate your knowledge and skills
You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company
Answers
Answer:
D interning at a local design company
Suppose two countries are each capable of individually producing two given commodities. Instead, each specializes by producing the commodity for which it has a comparative advantage and then trades with the other country. Which of the following is most likely to result?
A. There will be more efficient production in one country but less efficient production in the other.B. Unemployment will increase in one country and decrease in the other.C. The two countries will become more independent of each otherD. Both countries will be producing their commodity inefficiently.E. Both countries will become better off.
Answers
Answer:
E. Both countries will become better off.
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
If a country produces goods for which it has a comparative advantage in its production, both countries become more efficient and better off
Answer:
e
Explanation:
The body is hard wired to tell the ____
Answers
Today is Dec. 31, 2020. Jane is planning to retire in 40 years from today, similar to John introduced in Question 2 (the information not necessarily relevant here). Jane also believes she needs to save money to support her living for 20 years, i.e., 2061 through 2080, after her retirement. However, Jane estimates that she will need $50,000 for 2061 and that this will then grow at a rate of 5% each year from 2062 to 2081. Assume that the interest rate is 10% and will be constant over time.
Determine how much she needs to save by the end of 2060.
Answer (show the steps/calculation toward your results):
Answers
Therefore, Jane needs to save approximately $437,898.58 by the end of 2060 to support her living for 20 years starting from 2061.
To determine how much Jane needs to save by the end of 2060 to support her living for 20 years starting from 2061, we can calculate the present value of the future cash flows.
Given:
Retirement period: 2061 to 2080 (20 years)
Cash needed in 2061: $50,000
Growth rate from 2062 to 2081: 5%
Interest rate: 10%
We need to find the present value (PV) of the cash flows in 2061 and the growing annuity from 2062 to 2081.
Step 1: Calculate the present value of the cash flow in 2061:
PV_2061 = Cash needed in 2061 / (1 + Interest rate)^40
PV_2061 = $50,000 / (1 + 0.10)^40
Step 2: Calculate the present value of the growing annuity from 2062 to 2081:
PV_annuity = Cash flow in 2062 * (1 - (1 + Growth rate)^(-n)) / (Interest rate - Growth rate)
PV_annuity = $50,000 * (1 - (1 + 0.05)^(-20)) / (0.10 - 0.05)
Step 3: Sum up the present values:
Total PV = PV_2061 + PV_annuity
Now, let's calculate the values:
PV_2061 = $50,000 / (1 + 0.10)^40 = $5,994.83 (rounded to 2 decimal places)
PV_annuity = $50,000 * (1 - (1 + 0.05)^(-20)) / (0.10 - 0.05) = $431,903.75 (rounded to 2 decimal places)
Total PV = $5,994.83 + $431,903.75 = $437,898.58
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The Finishing Department had 5,100 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 40% complete as to conversion costs. 15,200 units were received from the previous department. The ending Work-in-Process Inventory consisted of 2,100 units which were 50% complete as to materials and 40% complete as to conversion costs. The Finishing Department uses first-in, first-out (FIFO) process costing.
What are the equivalent units of production for materials during the period?
a 14,150.
b 13,100.
c 15,200.
d 12,200.
Answers
The Finishing Department had 5,100 incomplete units in its beginning Work-in-Process Inventory which were 100% complete as to materials and 40% complete as to conversion costs. 13,000 units when fully operational. The correct answer is b. 13,100.
The inventory units represented by the opening work-in-progress were started previous period but finished this period. It is 5,300 units in this query.
We are provided with
15,600 new units have been added.
Work still ongoing closed: 2,300
The quantity of units that were started and finished within the time period is known as a fully work unit.
Now, we employ the subsequent methodology to assess the fully operational units:
Fully completed units equal newly introduced units and the completion of unfinished work.
Fully work units = 15,600 – 2,300 = 13,300 fully work units. According to the computation above, 13,100 units were started and finished during that time.
13,300 units were started and finished throughout the time frame. Using the first in first out technique of inventory valuation, units finished during a period are divided into fully worked and opening work in progress units.
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4.
MATH You plan to start a corporation. You have $67,500 in sav-
ings, but need $165,000 total to begin your business. How much
money will you need from investors? What will be your percent-
age of ownership? If you have four outside investors, how much
will each investor need to invest? What percentage will each
investor own?
Answers
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
\( Total = Savings + X\)
Substituting into the equation, we have;
\( 165,000 = 67,500 + X\)
\( X = 165,000 - 67500\)
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
\( Percent \; ownership = \frac {67500}{165000} * 100\)
\( Percent \; ownership = 0.409 * 100\)
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
\( Percent = \frac {24375}{165000} * 100\)
Percent = 14.77%
Answer:
1. $97,500
2. 40.9%
3. $24,375
4. 14.77%
Explanation:
Given the following data;
Amount of money owned (Savings account) = $67,500
Total amount required = $165,000
To find the amount needed from investors to start the business;
Let the balance = X
Substituting into the equation, we have;
X = $97,500
To find the percentage of ownership;
Percent ownership = savings/total * 100
Substituting the values into the equation;
Percent ownership = 40.9%
To find the amount to be invested by each of the four investors;
Investor = X/4
Substituting into the equation, we have
Investor = 97500/4
Investor = $24,375
Therefore, each of the investors will need to invest $24,375.
Percentage for each investor;
Percent = 14.77%
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What is a benefit of a company publishing a sustainability report?
Answers
The transparency it offers into the firm's environmental and social effect, as well as its progress toward attaining sustainability goals, is one advantage of a corporation producing a sustainability report.
What are the advantages of a business releasing a sustainability report?A company's transparency into its environmental and social effect as well as its progress toward attaining sustainability goals is one advantage of producing a sustainability report.By displaying a dedication to ethical corporate behaviour, this transparency can aid in fostering confidence among stakeholders, including clients, investors, and staff.Additionally, by establishing the organisation as a pioneer in sustainable business practises, it can help to generate a competitive advantage in the marketplace.The advantages of issuing a sustainability report are numerous. The report offers a thorough analysis of the company's environmental, social, and governance (ESG) performance.This promotes trust among stakeholders by demonstrating the firm's dedication to its principles and efforts to sustain operations. The report also offers insightful information about the business's present and long-term sustainability objectives, which may be used to spot chances for growth and problem areas.Finally, releasing a sustainability report can assist the business in luring new investors by demonstrating that it is proactive in reducing its impact on the environment and society.To learn more about Stakeholder theory refer to:
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______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
5. acme published a story about paul, and as a result paul sued acme for damage to his reputation, emotional distress, and punitive damages. paul won an award of $20,000 for damages, $5,500 for emotional distress, and $50,000 for punitive damages. what amount must paul include in his gross income?
Answers
Acme published a story about Paul and as a result Paul sued Acme for damage to his reputation, emotional distress, and punitive damages. The amount must that Paul include in his gross income is $70,000.
What is the calculation and what is gross income?Paul won an award= $20,000 for damages, emotional distress =$5,500
punitive damages = $50,000
Thus, amount Paul include in his gross income= $70,000
Gross income includes your wages, dividends, capital gains, business income, retirement distributions as well as other income. Adjustments to Income include such items as Educator expenses, Student loan interest, Alimony payments or contributions to a retirement account.
Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages.
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tomsm's Investment account at his bank has compounding Interest. He Isn't sure if this is a positive thing for his investment. What is the BEST advice you can offer Tom? OA. Ask your bank to compound the interest less frequently. OB. Withdraw your investment immediately because compounding Interest is a scam. OC. Invest in a bank that doesn't offer compounding Interest so there is less risk. OD. Keep your account open and you will earn more on Interest you've already earned. Reset Next reserved.
Answers
Answer: Keep your account open and you will earn more on Interest you've already earned
Explanation:
Since Tom's investment account at his bank has a compounding interest, the best advice that'll be offered to Tom is to keep the account open and he will earn more on Interest than what he has already earned.
It should be noted that compound interest makes ones money grow faster. The reason for this is due to the fact that the interest is calculated based on the accumulated interest that the individual has earned over time and the original principal.
Therefore, it isn't advisable for Tom to withdraw his money or ask the bank to compound the interest less frequently but rather, he should keep the account open as he'll earn more interest.
strategies to ensure development
Answers
Answer:
Understand the current position.
Reflect on how you got there.
Be clear about your corporate identity (mission, vision and values)
Analyse your strengths and weaknesses.
Analyse the business environment.
Identify and evaluate strategic options.
Set objectives.
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The product of 59,736 and 600 is
A) 29,868,000
B) 34,761,600
C) 35,625,600
D) 35,841,600
Answers
Answer:
D) 35,841,600Explanation:
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Explain one reason why a business may use social media to promote
Answers
Answer:
Social media offers many benefits to business owners, as it allows them to reach out to their customers and to gain the attention of more people/potential customers
Explanation:
When an economy is operating inside its production possibilities frontier we know that :_________
a. the economy is operating with efficiency.
b. to produced more of one good, the economy would have to give up some of the other good.
c. moving to a point on its production possibilities frontier would be economic growth.
d. there are unused resources or inefficiencies in the economy.
Answers
When an economy is operating inside its production possibilities frontier we know that there are unused resources or inefficiencies in the economy.
What is the production possibilities frontier ?The production possibilities frontier show the various combination of two goods that can be produced by an economy when its resources are fully utilized.
The production possibilities frontier is concave to the origin. This means that as more quantities of a product is produced, the fewer resources it has available to produce another good.
Point outside the curve means that the production level is not attainable given the level of resources. Points inside the production possibilities curve means that the nations resources are not being fully utilised
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1. Goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception
Answers
Answer:
The answer is below
Explanation:
The goals of UAE organizations concerned with the Child Protection Law and the reasons for its inception are the following:
1. No Poverty: as a result of poverty in some rural areas which is affecting children's development in UAE, the government has made it official to eradicate poverty in those areas.
2. Education for All: this is to ensure that children of age 6 to 18 or Grade 12, all have access to quality education, so as to boost literacy level in UAE
3. Social Support: this is to ensure those with the lowest income are able to cater to their children and afford a decent life.
Maxine and her friend Alice share a love of listening to music from England. They spend
plenty of sleepovers listening to their favorite bands and are always sharing new songs or
artists with each other.
One day, Alice excitedly tells Maxine her dad bought her tickets to a huge music festival in
England where some of their favorite bands will play. Plus, she has a ticket for Maxine, and
Alice's dad said he'll cover half of Maxine's airfare. The other half is only $412. Maxine feels
like this is a once-in-a-lifetime opportunity. Should Maxine use her emergency fund to take this super rare opportunity? Explain your reasoning.
Answers
Based on the given information Maxine should not use her emergency fund to take this super rare opportunity as it is intended to use in an unforeseen situation.
What is an emergency fund?
An emergency fund is said to be savings that an individual intended do in order to meet challenges that are not predictable and unforeseen for them.
An emergency fund shouldn't be used for a planned vacation or other predictable expenses; rather, it should only be used in the event of an unexpected event. You don't have to deprive yourself of small comforts in life.
In the given case, the music concert is not an unforeseen event is a planned vacation so the emergency fund should not be utilized.
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why are the losers from free international trade not fully compensated for their losses
Answers
The losers from free international trade are not fully compensated for their losses due to various reasons, including practical difficulties in identifying and quantifying individual losses.
While free international trade generally generates economic benefits and overall gains, it can also result in adverse effects for certain individuals or industries. These losers may experience job displacement, income reductions, or decreased competitiveness. Fully compensating all losers in a trade liberalization scenario is challenging due to several factors.
Firstly, identifying and quantifying individual losses accurately is often difficult. The effects of trade are widespread and complex, making it challenging to attribute specific losses solely to trade liberalization. Losses can be influenced by various factors such as technological advancements, domestic policies, and market dynamics.
Secondly, compensating all losers in an equitable manner may have distributional consequences. Determining who should be compensated and to what extent involves difficult choices, and the allocation of compensation can be contentious. It may also create moral hazard problems and discourage necessary structural adjustments in the economy.
Additionally, political constraints can limit the scope of compensation. Governments must navigate competing interests and allocate limited resources effectively. Compensating all losers may not be politically feasible or economically sustainable in the long run.
Lastly, the focus in trade policy discussions is often on overall economic gains rather than compensating specific losers. Trade liberalization aims to improve overall economic efficiency and increase consumer welfare. While some policy measures may be implemented to assist affected industries or workers, full compensation for all losses is not always the primary objective.
In summary, the challenges of accurately identifying and quantifying individual losses, distributional effects, political constraints, and the focus on overall gains contribute to the limitation of fully compensating the losers from free international trade.
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Which is most often a cause for a change in career or lifestyle? A) adjustments in vacation B) adjustments in life roles C) career satisfaction D) lifestyle satisfaction
Answers
Answer:
B adjustments in life roles
Explanation:
because if you have to adjust your life role or comfort zone to do something totally different it would mess up your timing and how you would do things
Adjustments in life roles are most often a cause for a change in career or lifestyle. Thus, option B is correct.
What is life role?A life role is something that a person plays in his lifetime. here are eight life roles that a person follows. Those eight are:
Child, Student, Leisure, Citizen, Worker, Parent, Spouse, HomemakerIf a person needs to fit in any of these eight careers or wants to move from one lifestyle to another, then they make too many changes in their lifestyle or even make a change in their career.
For example, if Tanya was a working woman and decides to get married, then that means that she will also be a spouse and a part of homemaker, and a worker too. Then she does need to make some changes to fit all of these new adjustments and changes in her life. Therefore, option B is the correct option. Therefore, option B is the correct option.
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The most basic form of ownership in a firm consists of: