The value of the game is
1. The minmax strategies of Hilbert and Cantor are choosing red with a probability of 1/2 and choosing white with a probability of 1/2. Key Concept: Zero-sum game, Minimax Strategy, Value of the Game
In the given problem, Hilbert and Cantor simultaneously choose one of the colors red or white. If they both choose the same color 'white', Hilbert wins the game and gets 3 $ from Cantor, while Cantor loses the game and has to pay Hilbert 3 $. If they both choose different colors, Cantor wins and Hilbert loses the game. In this case, Hilbert has to pay 2 $ to Cantor. If they both choose 'red', the game can end in three ways:- with a probability of 1/3, the game terminates without any payment,- with a probability of 1/2, the game is played once more,- with a probability of 1/6, the players switch their roles, and the game is played once more. Let's find the value of the game: We can represent the game in the following table: Hilbert \ Cantor White Red White 3, -3 -2, 2Red -3, 3 0, 0 We can see that the game is a zero-sum game as the sum of the payoffs is zero.
Therefore, we can find the value of the game by finding the average of the maximum and minimum payoffs. Here, the maximum payoff for Hilbert is 3, and the minimum payoff for Hilbert is -3. Therefore, the value of the game is (3 + (-3)) / 2 = 0.The minmax strategy of Hilbert: As the value of the game is zero, the minmax strategies of the players are the same. Let x be the probability of Hilbert choosing 'white', and (1-x) be the probability of him choosing 'red'.If Cantor chooses 'white', Hilbert's expected payoff is (3 * x) + (-3 * (1-x)) = 6x - 3. If Cantor chooses 'red', Hilbert's expected payoff is (-2 * x) + (0 * (1-x)) = -2x.So, Hilbert should choose the value of x that maximizes the minimum of the two expected payoffs. We can solve for this as follows: Max (min (6x - 3, -2x)) = Max (-3/8, 1/4) = 1/4.The minmax strategy of Cantor: Cantor's strategy should be the one that minimizes the maximum expected payoff for Hilbert. This strategy will be the opposite of Hilbert's strategy. Therefore, Cantor should choose 'red' with probability 1/2 and 'white' with probability 1/2.
To know more about minmax strategies refer to:
https://brainly.com/question/28272883
#SPJ11
7. As little as
A. 6
B. 2
C. 15
D. 10
percent of privately owned businesses ever move from the start-up stage to the success stage.
As little as 6 percent of privately owned businesses ever move from the start-up stage to the success stage. The correct answer would be option A.
More than two thirds of new businesses fail and are unable to provide investors with a profit. There can be many reasons why such a low number of startups become successful. Business founders claim that reasons for failure include running out of money, being in the wrong market, lacking research, poor alliances, inefficient marketing and lacking industry expertise.
Since 2014, several causes of failure have become more common, such as a dearth of market demand. This does not imply that startup ideas are becoming scarce. It illustrates the lack of diversity among founders and investors in terms of culture, geography and socioeconomic status. For example, startups that couldn't adjust to a socially isolated lifestyle were throttled by COVID-19.
To learn more about startups refer:
https://brainly.com/question/25881160
#SPJ9
Modulation requires a change of key for a whole piece of music.
TRUE or FALSE
Answer:
TRUE! HOPE THIS HELPS! :)
Explanation:
Answer:
FALSE is the answer
Explanation:
Which statement about population fluctuations is true?
Select one:
a. Population fluctuations can be caused by changes in density-dependent factors.
b. Population fluctuations can be caused by changes in density-independent factors.
c. All natural populations fluctuate in size.
d. All of the above
The statement that is true about population fluctuations is Population fluctuations can be caused by changes in density-independent factors. Therefore, the correct answer is option b.
Population fluctuations occur as a result of various factors influencing birth rates, death rates, immigration, and emigration within a population. These factors can be classified as density-dependent or density-independent.
Density-dependent factors are influenced by the population's size or density, such as competition for resources, predation, and disease. These factors tend to have a greater impact on populations when they are more densely packed.
On the other hand, density-independent factors are not influenced by population size or density. They can include natural disasters, weather events, changes in habitat conditions, or other external factors that affect the population irrespective of its density.
While all-natural populations experience some degree of fluctuation in size, the specific causes of these fluctuations can vary. Some fluctuations may be primarily driven by density-dependent factors, while others may be driven by density-independent factors.
In summary, population fluctuations can be caused by changes in both density-dependent and density-independent factors. While density-dependent factors are influenced by population density, density-independent factors act regardless of population size.
Understanding the interplay between these factors is crucial in comprehending and predicting population dynamics. Therefore, the correct answer is option b.
To know more about Population refer here:
https://brainly.com/question/21384912#
#SPJ11
Two investments totaling $43,500 produce an annual income of $1865. One investment yields 5% per year, while the other yields 3%per year. How much is invested at each rate?
3% and 5%
Two investments totaling $43,500 produce an annual income of $1865. One investment yields 5% per year, while the other yields 3%per year.$28,000 is invested at a rate of 5% and $15,500 is invested at a rate of 3%.
To find out how much is invested at each rate of 3% and 5%, we can use a system of equations.
Let's assume the amount invested at 5% is x, and the amount invested at 3% is y.
From the given information, we know that the total investment is $43,500, so we can write the equation:
x + y = 43,500 ----(Equation 1)
We also know that the annual income from the investments is $1,865. The income from the investment at 5% is calculated as (0.05 * x), and the income from the investment at 3% is calculated as (0.03 * y). So, we can write another equation:
0.05x + 0.03y = 1,865 ----(Equation 2)
Now we can solve this system of equations to find the values of x and y.
Multiplying Equation 1 by 0.03, we get:
0.03x + 0.03y = 1,305 ----(Equation 3)
Subtracting Equation 3 from Equation 2, we eliminate the variable y:
0.05x + 0.03y - (0.03x + 0.03y) = 1,865 - 1,305
0.05x - 0.03x = 560
0.02x = 560
Dividing both sides of the equation by 0.02, we find:
x = 560 / 0.02
x = 28,000
Substituting the value of x back into Equation 1, we can solve for y:
28,000 + y = 43,500
y = 43,500 - 28,000
y = 15,500
Therefore, $28,000 is invested at 5% and $15,500 is invested at 3%.
To learn more about "Investment" visit: https://brainly.com/question/29547577
#SPJ11
QUESTION 2 of 10: Medicare is a government program funded by tax dollars to:
a) Provide health insurance to children
b) Provide health insurance to working adults
c) Provide hospital insurance for those over 65
The average price of 500 stocks including the S&P 500 index is $151 and the standard deviation is $15. Assuming that the stock prices of these 500 stocks are normally distributed, find how many stocks' prices are
(a) between $120 and $155
(b) more than $185
(a) Between $120 and $155: Approximately 294 stocks' prices are expected to fall within this range.
(b) More than $185: Around 6 stocks' prices are expected to be more than $185.
(a) Between $120 and $155: Based on the given information, we can use the concept of standard deviation to determine how many stocks' prices fall within this range.
First, we need to find the z-scores for $120 and $155. The formula for calculating the z-score is (x - μ) / σ, where x is the value, μ is the mean, and σ is the standard deviation.
For $120, the z-score is (120 - 151) / 15 = -2.07.
For $155, the z-score is (155 - 151) / 15 = 0.27.
Next, we can use a standard normal distribution table or a calculator to find the probabilities associated with these z-scores.
The probability of a z-score less than -2.07 is approximately 0.0192, and the probability of a z-score less than 0.27 is approximately 0.6064.
To find the number of stocks' prices between $120 and $155, we subtract the probability of the z-score being less than -2.07 from the probability of the z-score being less than 0.27.
So, the number of stocks' prices between $120 and $155 is approximately (0.6064 - 0.0192) * 500 = 293.6.
To find the number of stocks' prices between $120 and $155, we first need to calculate the z-scores for these values using the formula (x - μ) / σ. By plugging in the given values, we find that the z-score for $120 is -2.07 and the z-score for $155 is 0.27. These z-scores represent the number of standard deviations a given value is from the mean.
Next, we use a standard normal distribution table or a calculator to find the probabilities associated with these z-scores. The probability of a z-score less than -2.07 is approximately 0.0192, and the probability of a z-score less than 0.27 is approximately 0.6064.
To find the number of stocks' prices between $120 and $155, we subtract the probability of the z-score being less than -2.07 from the probability of the z-score being less than 0.27. This gives us the probability of a stock's price falling within this range.
Finally, we multiply this probability by the total number of stocks (500) to find the number of stocks' prices between $120 and $155. The result is approximately 293.6, which means that around 294 stocks' prices are expected to be between $120 and $155.
(b) More than $185: Since the stock prices are assumed to be normally distributed, we can calculate the probability of a stock's price being more than $185 using the z-score formula.
The z-score for $185 is (185 - 151) / 15 = 2.27.
Using a standard normal distribution table or a calculator, we find that the probability of a z-score greater than 2.27 is approximately 0.0116.
To find the number of stocks' prices more than $185, we multiply this probability by the total number of stocks (500).
So, the number of stocks' prices more than $185 is approximately 0.0116 * 500 = 5.8.
Therefore, around 6 stocks' prices are expected to be more than $185.
Learn more about the probability: https://brainly.com/question/31828911
#SPJ11
What are the potential pitfalls of drastically increasing the number of financial transactions you or a company is responsible for in a given period of time (e.g., buying groceries or raw materials in very small quantities)?
There are several potential pitfalls of drastically increasing the number of financial transactions that you or a company is responsible for in a given period of time:
Increased transaction costs: With a higher number of transactions, there is a greater chance of errors and mistakes, which can result in additional costs associated with fixing those errors. This can include fees for correcting transactions, as well as the cost of additional staff needed to manage and process the increased number of transactions.
Reduced efficiency: A higher number of transactions can result in reduced efficiency, as it may take longer to process and reconcile transactions. This can lead to delays in payments and the procurement of goods, which can impact the overall operations of a business.
Increased risk of fraud: An increase in the number of transactions can make it easier for fraudulent activities to go undetected. This can include fraudulent transactions or the theft of funds through fraudulent means, which can result in significant financial losses.
Increased complexity: As the number of transactions increases, the overall complexity of managing and processing those transactions also increases. This can make it more difficult to keep track of financial records and to ensure compliance with relevant laws and regulations.
Cash flow management: A high volume of transactions can also make cash flow management more difficult. This is particularly true when transactions are small, as it can be harder to predict and manage cash inflows and outflows.
Learn more about potential pitfalls
https://brainly.com/question/30899904
#SPJ4
Gleeson Manufacturing Company uses an activity-based costing system. It has the following manufacturing activity areas, related cost drivers and cost allocation rates:
Activity
Cost Driver
Cost Allocation Rate
Machine setup
Number of setups
$50.00
Materials handling
Number of parts
0.50
Machining
Machine hours
13.00
Assembly
Direct labor hours
22.00
Inspection
Number of finished units
14.00
During the month, 100 units were produced, with no defects, requiring three setups. Each unit consisted of 17 parts, 3 direct labor hours and 2.5 machine hours. Direct materials cost $50 per finished unit.
What is the per unit manufacturing cost for the period?
Select one:
A. $806.75
B. $172.50
C. $106.25
D. $321.00
D. $321.00
The per unit manufacturing cost for the period is $158.50, which is closest to option D. $321.00.
To calculate the per unit manufacturing cost, we need to consider the cost allocation rates for each activity and the quantities of cost drivers associated with the production of 100 units.
Machine setup cost:
The number of setups for the 100 units is 3, and the cost allocation rate for machine setup is $50.00 per setup. Therefore, the total machine setup cost is 3 setups × $50.00 per setup = $150.00.
Handling cost:
Each unit consists of 17 parts, so for 100 units, the total number of parts is 100 units × 17 parts = 1700 parts. The cost allocation rate for materials handling is $0.50 per part. Therefore, the total materials handling cost is 1700 parts × $0.50 per part = $850.00.
Machining cost:
Each unit requires 2.5 machine hours, so for 100 units, the total machine hours required is 100 units × 2.5 machine hours = 250 machine hours. The cost allocation rate for machining is $13.00 per machine hour. Therefore, the total machining cost is 250 machine hours × $13.00 per machine hour = $3,250.00.
Assembly cost:
Each unit requires 3 direct labor hours, so for 100 units, the total direct labor hours required is 100 units × 3 direct labor hours = 300 direct labor hours. The cost allocation rate for assembly is $22.00 per direct labor hour. Therefore, the total assembly cost is 300 direct labor hours × $22.00 per direct labor hour = $6,600.00.
Inspection cost:
Since there were no defects in the 100 units, there is no inspection cost to consider.
Now, let's calculate the total manufacturing cost:
Total manufacturing cost = Machine setup cost + Materials handling cost + Machining cost + Assembly cost + Inspection cost
= $150.00 + $850.00 + $3,250.00 + $6,600.00 + $0.00
= $10,850.00
Since there were 100 units produced, the per unit manufacturing cost is:
Per unit manufacturing cost = Total manufacturing cost / Number of units
= $10,850.00 / 100 units
= $108.50
However, we also need to add the direct materials cost, which is $50 per finished unit.
Per unit manufacturing cost with direct materials = Per unit manufacturing cost + Direct materials cost
= $108.50 + $50.00
= $158.50
Therefore, the per unit manufacturing cost for the period is $158.50, which is closest to option D. $321.00.
For more questions on manufacturing cost
https://brainly.com/question/24171150
#SPJ11
What is the gig economy?
1) An economic system in which assets or services are
shared between individuals.
2) The number of people in the economy who have
full-time employment jobs.
3) The total availability of employment and labor in the
economy
4) A flexible market that allows you to work short-
term, independent jobs.
Someone PLEASE help me!
Answer:
4) A flexible market that allows you to work short-
term, independent jobs.
Explanation:
A gig economy describes a labor market where temporal, short-term employment contacts are common. Companies and organizations prefer to hire independent contractors or freelancers to perform specific tasks for a short period rather than employ full-time workers. The gig economy presents a flexible system or working where companies hire on-demand. The commitment between the organization and the independent contractor is pegged to the completion of the specified task.
i. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
ii. He procures the goods from the wholesalers according to the consumer's demand and
maintains a regular supply of goods to his customers.
[5]
TGIS-Raipur
4 / 5
iii. Customers are well satisfied with his services due to which his sales turnover is very high
and he is earning a good return on his capital employed.
iv. Seeing his Successful business, two other retailers have also opened their shops in the same
area giving him tough competition reducing his market share and margin of profits. But
Rohit knows, in spite of his best efforts put into the business, there is always the possibility
of inadequate profits or losses.
a. Identify the economic activity Rohit is engaged in.
b. Enlist the features of identified economic activity with reference to the underlined words
in each sentence given above.
Answer:
b
Explanation:
just had the same question
Answer:
a-business is the economic activity
b-features are
profit earning- as it js essential for survival growth and expansion of business
dealings in goods and services on a regular basis - and not merely one single transactions of sale or purchase
PLEASE HELP ME I WILL GIVE BRAINLIEST
Answer:
a supply chain managers. thanks
I am always concerned about my job
Answer:
then get a new job
Explanation:
Answer:
why? Maybe its time for a new job.
Explanation:
You are planning a store on a large lot. Your budget only allows for 800 linear feet of walls. What is the maximum square
footage of your store?
Answer: 40,000 sq/ft
Answer:
The correct solution is "40,000 sq/ft".
Explanation:
The given value is:
Feet of walls
= 800 ft
Sides,
= 4
Now,
The square store will be:
= \(\frac{800}{4}\)
= \(400 \ ft\)
The max footage of square will be:
= \(400\times 100\)
= \(40,000 \ sq/ft\)
*ECONOMICS* Which situation best illustrates the concept of absolute advantage?
O A. A factory in Vietnam can produce more shoes than other
countries.
O B. The total value of U.S. exports is lower than the value of the
country's imports.
O C. A software company is forced to increase its prices to pay for
rising labor costs.
D. A restaurant buys its ingredients from nearby farms to help the
local economy.
Answer:
O A. A factory in Vietnam can produce more shoes than other
countries.
Explanation:
Absolute advantage is the capability of a commercial entity to produce goods using fewer resources compared to rivals. Using the same inputs, an entity with an absolute advantage produces a larger output compared to competitors. It means the firm has a lower marginal cost of production. Therefore, its products will have the lowest prices in the market.
The factory in Vietnam has an absolute advantage in producing shoes. It is using fewer resources than rivals to manufacture shoes, that why it is producing a higher quantity.
In a classified balance sheet, assets are usually classified as O current assets; long-term investments; property, plant, and equipment, and intangible assets. O current assets, long-term investments, tangible assets; and intangible assets. O current assets, long-term assets: property, plant, and equipment; and intangible assets. O current assets: long-term investments: property, plant, and equipment and common stocks,
In a classified balance sheet, assets are usually classified as current assets; long-term investments; property, plant, and equipment, and intangible assets. Thus, option 'A' is the correct option.
What is a classified balance sheet?The asset, liability, and equity totals on a classified balance sheet are the same as those on an unclassified balance sheet, but they are presented in more detail and are divided into different categories rather than being listed in the conventional balance sheet style.
A classified balance sheet distinguishes between current and noncurrent assets and liabilities and offers helpful details on the amount of working capital held by a reporting firm (a metric used in analyzing liquidity and near-term financial condition). The asset, liability, and equity totals on a classified balance sheet are identical to those on an unclassified balance sheet.
Learn more about the classified balance sheets, here:
https://brainly.com/question/29870502
#SPJ1
Jutyne i valued by her organization a a high-utility employee who can anwer the phone, greet cutomer, handle billing quetion, operate the manufacturing equipment, and be a quality checker. Becaue he i competent in o many area, Jutyne i frequently moved around the company to wherever he i needed that day. It i likely that Jutyne ha high
In this case, Jutyne has a high lifetime value in her organization.
Customer lifetime value, is used to measure the average customer's revenue. It is considered as one of the most useful method to know customer's profitability and the possibility for long-term firm growth is to compare CLV to CAC.
It provides a long-term and financially advice on the business. A high CLV indicates brand loyalty, choice of product and the market, and continuous sales to past customers.
Overall, a higher CLV should lead to higher earnings. It helps in keeping the client intact and moreover encourages them to spend.
To know more about Customer Value here
https://brainly.com/question/26483324
#SPJ4
Milo Millworks Incorporated has maintained a sustainable competitive advantage for its framing style. In order to accomplish this, the framing style must be
In order to accomplish this, the framing style must be difficult to substitute for.
What is Competitive advantage?Competitive advantage can be defined as the way in which a company produce or manufacture more goods or product and sell those goods produce at lesser rate so as to increase their sales than that of their market competitors.
Based on the scenario in order for Milo Millworks to accomplish the competitive advantage for their framing style, the framing style must be difficult to substitute for.
Therefore the framing style must be difficult to substitute for.
Learn more about Competitive advantage here:https://brainly.com/question/26514848
#SPJ1
Yesterday in class we discussed 4 Era’s of Marketing and how the situation of the world at that time impacted businesses, specifically, marketing. The assignment is to choose ONE of the following era’s and write a letter to a loved one as if you were just starting a job during the marketing era of your choice. In your letter you should mention what is happening in the world to cause this shift in marketing, and what your role is going to be. You can choose which company you are working for: maybe you are starting a job on the assembly line, or becoming a door to door salesperson! Be creative and have fun with it. If you want, try to imagine what the world was like during that time period and use language or current events to make your letter sound more believable.
The letter should be at least 2 paragraphs long and should display that you understand how businesses are using marketing in this new era.
4 Eras:
Production Era (1800’s - 1920)
Selling Era (1920s - 1950s)
Marketing Era (1950s - 1990s)
Value Era ( 1990s - Current )
23) What is the final requirement for obtaining a W!SE Financial Literacy certification?
A) acceptance into the program by the Working in Support of Education group
B) completion of all application materials
C) submission of a letter of recommendation from a teacher
D) successful completion of the certification exam
Answer:
The final requirement for obtaining a W!SE Financial Literacy certification is D) successful completion of the certification exam.
Once you have gone through the necessary coursework and preparation, you will need to take and pass the certification exam to obtain the W!SE Financial Literacy certification. This exam is designed to assess your knowledge and understanding of various financial literacy topics and concepts. Successful completion of the exam demonstrates your proficiency in financial literacy and qualifies you for the certification.
PLEASE
what is lean production? in details (GCSE) keywords.
Answer:
actually I am very sorry I didn't learn this I don't take business
Explanation:
Sorry would there be anything else I can help u with
A container of bouncy ball hold 3 clear, 10 yellow, 3 green, and 4 red ball. A ball i elected at random from the container
A container containing bouncy balls contains 3 clear balls, 10 yellow balls, 3 green balls, and 4 red balls. If a ball is selected at random from a container, the probability of selecting a certain color can be calculated by dividing the number of colored balls by the total number of balls in the container.
For example, the probability of drawing a clear ball is 3 / (3 + 10 + 3 + 4) = 3 / 20 = 0.15 or 15%. The probability of getting a yellow ball is 10/20 = 0.50 or 50%. The probability of getting a green ball is 3/20 = 0.15 or 15%. The probability of getting a red ball is 4/20 = 0.20 or 20%.
Probability is a branch of mathematics that deals with the probability or chance of an event occurring. It is expressed as a number between 0 and 1, where 0 represents an impossible event and 1 represents a certain event. A probability of 0.5, for example, indicates that an event has an equal chance of happening or not happening. A probability of 0.8 indicates a high probability of an event occurring, while a probability of 0.2 indicates a low probability of an event occurring.
You can learn more about probability here brainly.com/question/11234923
#SPJ4
which is a company's expense? question 9 options: accounts payable asset accounts receivable liability
A. accounts payable is a company's expense.
A business's operating costs are referred to as expenses. Wages, salary, maintenance, rent, and depreciation are all examples of expenses. To calculate profits, revenue is subtracted from expenses. To lessen the tax burden and increase profits, businesses are permitted to deduct some expenses from taxes.
Money owing by a corporation to its suppliers is reflected as a liability on the balance sheet and is known as accounts payable (AP). It differs from liabilities for notes payable, which are obligations made by formal legal instrument documents.
The primary duties of an accounts payable department include processing and reviewing supplier transactions, as well as making sure that any unpaid invoices from suppliers are authorized, processed, and paid.
To know more about account's payable:
https://brainly.com/question/23610999
#SPJ4
if you are an equity investor how do you make money from your investment?
(A) Continuing to invest more money over time.
(B) Lending money and charging interest
(C) Selling the investment for more than you paid for it
(D) Sharing the equity with others
Answer:
(C) Selling the investment for more than you paid for it.
Explanation:
The investor can create profits by buying shares at a lowered price and trading them at a greater exchange price. Bonus Problem: If a business is functioning particularly well, it might give available shares to its stockholders. Investors should have a clear knowledge of their maneuvering before buying stock so they understand the best technique to estimate any possible stock purchase.
Answer:
Selling the investment for more than you paid for it
Explanation:
if+the+expected+rate+of+return+on+the+market+portfolio+is+15%+and+t-bills+yield+4%,+what+must+be+the+beta+of+a+stock+that+investors+expect+to+return+12%?+(round+your+answer+to+4+decimal+places.)
The beta of the stock that investors expect to return 12% is 0.7273.
According to the Capital Asset Pricing Model (CAPM), beta measures an asset's or portfolio's sensitivity to changes in the market value. Beta indicates how risky an asset is when compared to the market in general. It also helps to determine the anticipated return on an investment, given the risk level. Using the formula of Capital Asset Pricing Model (CAPM), we have: rj = rf + βj (rm - rf)where, rj = Expected return of the stock or portfolio jrf = Risk-free rate of returnβj = Beta of the stock or portfolio jrm = Expected market return. On substituting the values given in the question, rj = rf + βj (rm - rf)rj = 0.04 + βj (0.15 - 0.04)rj = 0.04 + 0.11βj. Also, the investors expect the stock to return 12%. So, we can equate: rj = 0.04 + 0.11βj12/100 = 0.04 + 0.11βj0.11βj = 0.12 - 0.040.11βj = 0.08βj = 0.7273 (rounded to 4 decimal places). Therefore, the beta of the stock that investors expect to return 12% is 0.7273.
To know more about asset's visit:
https://brainly.com/question/14826727
#SPJ11
Incumbent firms prefer to focus on incremental innovations which reinforce their established organizational structure and power distribution and avoid radical innovation that could disrupt their existing power distribution. This is known as
Organizational inertia is simply known to be the ability or strength of an organization to create internal changes in the midst of an important external changes. This is known as Organizational inertia
An organization inertia often increase or takes place step by step in the organization's actions. The organization therefore suddenly reacts based on past experiences and strongly resists against changing.It is the ability of a mature organization to still stand on its main trajectory. This inertia is made up of two elements. They are resource rigidity and routine rigidity
Incumbent firms favor incremental innovation over radical innovation because radical innovation often obstruct or disturb the existing power distribution that takes place in the firms.
Learn more from
https://brainly.com/question/14958400
shop its made by me clothing! 25% off every purchase for limited time!! shop now!
Ok I will shop there
Discuss the benefits of gaol setting on your career choice
Goal setting is a powerful tool for anyone looking to advance their career. By setting specific objectives and taking active steps to achieve them, you can increase your motivation, focus, and satisfaction in your work, ultimately helping you to achieve success in your chosen field.
What is goal setting?Generally, Goal setting is an essential process that involves identifying and prioritizing specific objectives that an individual wants to achieve in their personal or professional life. When it comes to career choice, goal setting can offer several benefits, including:
Increased motivation: Setting specific goals for your career can help to boost your motivation and drive towards achieving your objectives. Having a clear target in mind can help you stay focused and energized, even when faced with challenges or setbacks.
Improved focus: By setting specific goals, you can prioritize your efforts and focus on the tasks that are most relevant to achieving your career objectives. This can help to streamline your work and avoid distractions, allowing you to make progress towards your goals more efficiently.
Better decision making: When you have a clear set of goals for your career, you can use them as a framework for making important decisions. This can help you evaluate different opportunities or paths in terms of how they align with your objectives and choose the ones that are most likely to help you achieve your goals.
Enhanced career satisfaction: Achieving your career goals can be a source of great satisfaction and fulfillment. By setting clear objectives for your career and taking active steps to achieve them, you can increase your sense of purpose and fulfillment in your work.
Read more about goal setting
https://brainly.com/question/1705973
#SPJ1
After graduating from AUD, Salman plans to start a book publishing company in Media City. He did some research and found that the printer would cost Dh 220,000. He estimated that the variable cost per book is Dh 170 , and the selling price is Dh 390. a. How many books must he sell to break even? Also, calculate the breakeven in dirham. b. In addition to the abovementioned costs, if he wants to pay himself a salary of Dh 15,400 per year, what is her breakeven point in units and dollars? c. In the first three months of his business, he sold 400 books. Suddenly the printer breaks down. He spent Dh 25000 to fix the printer. In addition to 400 books sold, how many more books should she sell to break even? Assume that this part of the question is independent and she does not draw any salary.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
a. To break even, the sales revenue must be equal to the total costs. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.b. The BEP with salary included is calculated as follows:
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit)Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400
BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit
= 942 x 390 = Dh 367,380.
c. Fixed cost increased by Dh 25,000 because of the printer's repair cost.
The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books.
The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
a:Salman needs to determine how many books he must sell to break even, and what that break-even point is in dirhams. The formula for calculating break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit).
Fixed costs = Dh 220,000
Variable cost per unit = Dh 170
Selling price per unit = Dh 390
BEP (in units) = 220000 / (390 - 170) = 878.05 or 879 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 879 x 390 = Dh 342,510.
b:
Salman also needs to determine how many books he needs to sell to break even when he wants to pay himself a salary.
BEP (in units) = (fixed costs + salary) / (selling price per unit - variable cost per unit).
Salary = Dh 15,400Fixed costs + salary = Dh 220,000 + Dh 15,400 = Dh 235,400BEP (in units) = 235400 / (390 - 170) = 941.6 or 942 books. To calculate the break-even in Dirham, the formula is:
BEP (in dirham) = BEP (in units) x selling price per unit = 942 x 390 = Dh 367,380.
c:
Fixed cost increased by Dh 25,000 because of the printer's repair cost. The new total fixed costs = Dh 220,000 + Dh 25,000 = Dh 245,000. The sales revenue still needs to be equal to the total costs for break-even. The formula for calculating the break-even point (BEP) is:
BEP (in units) = fixed costs / (selling price per unit - variable cost per unit) = 245000 / (390 - 170) = 980 books. The number of books Salman needs to sell to break-even after the printer is repaired and an additional 400 books are sold = 980 - 400 = 580 books. Therefore, Salman must sell 580 more books to break even.
Salman needs to sell 879 books to break even, which is Dh 342,510 in revenue. With the salary, Salman needs to sell 942 books to break even, which is Dh 367,380 in revenue. After fixing the printer, Salman needs to sell an additional 580 books to break even.
To know more about revenue, visit:
https://brainly.com/question/4051749
#SPJ11
What is a source of equity financing?
A. securing short-term loans from a family member
B. receiving trade credit from suppliers
C. selling personal assets to raise funds
D. securing government loans
E. borrowing money from friends
LOTS OF POINTS (whoever writes over 175 words gets brainiest)
What is your dream entry-level job in business, finance, or marketing? What aspect of this job appeals to you? What will you find the most challenging or daunting about working in this field?
Answer: Defiantly Finance
Explanation: Finance is a very diverse field with lots of opportunities. You could go into consulting, accounting, or even investment banking. With most finance jobs as well you could be getting 100k a year or more right out of college.