How long will it take you to triple your money if the interest
rate is 8% and you receive monthly compounding?
A. 17.83 years
B. 13.78 years
C. 17.38 years
D. 13.87 years
Answers
The correct answer is D. It will take approximately 13.87 years to triple your money with an 8% interest rate and monthly compounding.
To determine how long it will take to triple your money, you can use the rule of 72. The rule of 72 states that you can approximate the number of years it takes to double your money by dividing 72 by the interest rate. In this case, since you want to triple your money, you can divide 72 by the interest rate of 8%, resulting in approximately 9 years. However, since the interest is compounded monthly, the compounding frequency should be taken into account.
Using the compound interest formula, A = P(1 + r/n)^(nt), where A is the future value, P is the principal (initial amount), r is the interest rate, n is the compounding frequency per year, and t is the time in years, we can rearrange the formula to solve for t:
t = (log(A/P) / log(1 + r/n)) / n
Plugging in the values, with A/P = 3 (since you want to triple your money), r = 8%, and n = 12 (monthly compounding), we can calculate the time required:
t = (log(3) / log(1 + 0.08/12)) / 12 ≈ 13.87 years
Therefore, the correct answer is D. It will take approximately 13.87 years to triple your money with an 8% interest rate and monthly compounding.
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Related Questions
whats the meaning of oligopoly and monopoly market structure
Answers
Answer:
Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.
Explanation:
got it from class with help from investopida
what difference would it make to the economy if there were no money? What commodities might serve as money instead? Provide reason for your answers.
Answers
Answer:
Well, we would simply be reduced to a barter economy. Therefore we would have to trade items for items.
Explanation:
This is the way it is because "Barter" is The exchange (goods or services) for other goods or services without using money. So if we needed beef, we would have to give the person trading the beef something of ours. As for countries who want to trade, if one needs wool, and one needs iron, and country A has Iron and country B has wool They'd barter the two items.
Why is it necessary for agricultural practices to continue changing?.
Answers
It is important for agricultural practices to continue changing so as to;
Increase agricultural produce.What is agricultural practices?agricultural practices are techniques that are used in cultivation of crops and rearing of animals.
With the evolvement of different techniques in agriculture, such as usage of machinery and cross breeding there has been increase in production of goods and animals.
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which institution took unprecedented action during 2007-2008 financial crisis by buying troubled assets
Answers
The Federal Reserve took unprecedented action during the 2007-2008 financial crisis by buying troubled assets and increasing the money supply.
The Fed’s action was intended to increase liquidity in the banking system and to encourage banks to lend money to businesses and consumers. This action, known as quantitative easing, was a departure from the Fed’s traditional role of setting short-term interest rates. Instead, the Fed bought assets such as long-term Treasury bonds, mortgage-backed securities, and other debt instruments in an effort to increase the money supply and stimulate the economy.
In addition, the Fed also initiated a series of emergency lending programs that allowed banks to borrow money at lower interest rates. These measures helped to stabilize the financial system and the economy and eventually led to a recovery.
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what happens to the unemployment and inflation if business investment decreases in the short run?
Answers
What's the difference between product and brand?
Answers
Answer:
A product is made by a company and can be purchased by a consumer in exchange for money while brands are built through consumer perceptions, expectations, and experiences with all products or services under a brand umbrella. For example, Toyota's product is cars. ... Without a product, there is no need for a brand.
The CFO would like you to prepare some data visualizations that depict trends in sales, net income, and cash collections. Accordingly, use Charts to do the following: a. Go to the "Sales Budget" tab and create a line chart that provides a monthly sales trend analysis. b. Go to the "Sales Budget" tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to the monthly cash collections from customers. c. Go to the "Budgeted Income Statements" tab and create a line chart that includes the monthly sales trend analysis from requirement 7a plus another trend line pertaining to monthly net income. d. What insights are revealed by the charts in requirements 7a, 7b, and 7c?
Answers
The CFO would like you to prepare some data visualizations that depict trends in sales, net income, and cash collections. Accordingly, use Charts to do the following: Go to the "Sales Budget" tab and create a line chart that provides a monthly sales trend analysis.
A sales budget is a financial plan that estimates a company's total sales for a specific period of time. To predict a company's performance, he focuses on two things: the number of products sold and the selling price.
Project sales of $5,000 in the first quarter, $6,000 in the second quarter, $7,000 in the third quarter, and $8,000 in the fourth quarter; We're quoting $6, and in Q4 our manager is quoting us $7.
The sales budget then calculates the amount of revenue generated from the sales activity for the next period. A production budget uses data from a sales budget to calculate how many products a company should produce in that period.
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A student is graduating from college in 18 months but will need a loan in the amount of $6,720 for the last three semesters. The student may receive either an unsubsidized Stafford Loan or a PLUS Loan. The terms of each loan are:
Unsubsidized Stafford Loan: annual interest rate of 3.99%, compounded monthly, and a grace period of six months from time of graduation.
PLUS loan: annual interest rate of 4.99%, compounded monthly, with a balance of $7,241.17 at graduation
Which loan will have a higher balance and by how much at the time of repayment?
The Stafford loan will have a higher balance by $107.41 at the time of repayment.
The PLUS loan will have a higher balance by $107.41 at the time of repayment.
The Stafford loan will have a higher balance by $36.53 at the time of repayment.
The PLUS loan will have a higher balance by $36.53 at the time of repayment.
Answers
Answer: To determine which loan will have a higher balance at the time of repayment, we need to calculate the total amount owed for each loan.
For the Unsubsidized Stafford Loan, the total amount owed can be calculated as follows:
Loan amount = $6,720
Annual interest rate = 3.99%
Monthly interest rate = 3.99% / 12 = 0.3325%
Number of months until repayment = 18 + 6 = 24
Total interest = $6,720 x 0.003325 x 24 = $531.84
Total amount owed = $6,720 + $531.84 = $7,251.84
For the PLUS Loan, the total amount owed can be calculated as follows:
Loan amount = $7,241.17
Annual interest rate = 4.99%
Monthly interest rate = 4.99% / 12 = 0.4158%
Number of months until repayment = 18
Total interest = $7,241.17 x 0.004158 x 18 = $553.76
Total amount owed = $7,241.17 + $553.76 = $7,794.93
Therefore, the PLUS loan will have a higher balance at the time of repayment by $543.09 ($7,794.93 - $7,251.84). The correct answer is that the PLUS loan will have a higher balance by $543.09 at the time of repayment.
Explanation:
The PLUS loan will have a higher balance at the time of repayment by $543.94 ($8,189.02 - $7,645.08), so the correct answer is (B) The PLUS loan will have a higher balance by $107.41 at the time of repayment.
What is loan?A loan is a financial agreement in which one party borrows money from another party with the agreement to pay it back over time, usually with interest. Loans are often used to finance large purchases or investments that would be difficult to pay for all at once.
To determine which loan will have a higher balance at the time of repayment, we need to calculate the future value of each loan. Since the repayment period for both loans is the same, we can compare them directly.
For the unsubsidized Stafford Loan, the present value is $6,720, the annual interest rate is 3.99%, compounded monthly, and the time period is 24 months (18 months until graduation plus 6 months grace period).
Using the future value formula, FV = PV x (1 + r/n)^(nt), where r is the annual interest rate, n is the number of times interest is compounded per year, and t is the time period in years, we get:
FV = $6,720 x (1 + 0.0399/12)^(12*2) = $7,645.08
For the PLUS Loan, the present value is $7,241.17, the annual interest rate is 4.99%, compounded monthly, and the time period is 24 months. Using the same formula, we get:
FV = $7,241.17 x (1 + 0.0499/12)^(12*2) = $8,189.02
Therefore, the PLUS loan will have a higher balance at the time of repayment by $543.94 ($8,189.02 - $7,645.08), so the correct answer is (B) The PLUS loan will have a higher balance by $107.41 at the time of repayment.
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The ‘go to market’ strategy represents the generic direction a company should follow in order to accomplish a specific business objective. It shows the "road map" to achieving greater results, such as sales growth, worldwide brand recognition, and higher market penetration. Many business owners, however, fail to see the benefits of incorporating business strategy in the overall strategic business process in a bid to attain a competitive advantage. It is the backbone within a well-crafted strategic plan, which provides the business with focus and direction by identifying the best opportunities worth pursuing as well as the threats to be avoided. Thus, well before formulation of such strategies, the company has to situate itself on the market and may conduct what is called a "situational analysis", "environmental scanning" or simply a "marketing audit". (Inspired from Michael Baicoianu, Contributor,brandUNIQ: Your Guide to Strategic Management: http://branduniq.com/about-this-brand-management-blog/ [Accessed on 18 February 2019]) Based on the extract above, answer the following: (a) From the extract, it could be inferred that strategies are imperative within any business plan but they are crafted only after conducting the environmental scanning. Define "environmental scanning" and briefly discuss the different layers of the environment that is required to be scanned before formulation of the strategies. (15 marks) (b) Strategies are devised within the perspective of Strategic Management, which normally follows a three-stage process. Discuss the three stages of Strategic Management that the firm has to follow to complete the above process. (15 marks) (c) Define and provide an understanding of the term ‘competitive advantage’. (5 marks) (d) To win a competitive advantage, the firm may formulate its strategies on three generic orientations. Using relevant examples, discuss the generic strategies proposed by Michael Porter, which could help achieve a competitive advantage. (15 marks)
Answers
Strategies are crucial in business planning and are developed after conducting environmental scanning, while competitive advantage can be achieved through cost leadership, differentiation, or focus strategies.
(a) Environmental scanning refers to the process of analyzing and monitoring the external factors and trends that can impact a business. The different layers of the environment that need to be scanned include the macro environment (economic, political, technological factors), industry environment (competitors, suppliers, customers), and internal environment (organizational strengths, weaknesses, resources).
(b) The three stages of Strategic Management are: formulation (developing strategies), implementation (executing strategies), and evaluation (assessing strategy effectiveness). Formulation involves setting objectives, analyzing the internal and external environment, and generating strategic alternatives. Implementation focuses on resource allocation, organizational structure, and aligning activities with the chosen strategies. Evaluation involves measuring performance, comparing against objectives, and making adjustments as needed.
(c) Competitive advantage refers to the unique attributes or capabilities of a firm that allow it to outperform its competitors and achieve superior performance. It can arise from factors such as cost leadership, differentiation, innovation, or a niche market focus.
(d) Michael Porter proposed three generic strategies for achieving competitive advantage: cost leadership (being the low-cost producer), differentiation (offering unique and valuable products/services), and focus (targeting a specific market segment or niche). Examples include Walmart's cost leadership through operational efficiency, Apple's differentiation through design and innovation, and Tesla's focus on the electric vehicle market.
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Sam is getting his bachelor's degree. During some of his course work, he honed his research skills and learned to exhibit confidence while presenting to an audience. Which career has Sam most likely been preparing for?
Printing Technology
Telecommunications
Performing Arts
Journalism
Answers
Answer:
Journalism
Explanation:
Answer:
journalism
Explanation:
In 2009 dollars, u. S. Gdp was $1057 billion at the start of the great depression but fell to $778 billion by 1933. What percentage decline does this represent?.
Answers
The percentage decline in the US GDP from 1933 to 2009 is 26.4%.
What is the percentage change in US GDP?
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
Percentage change in GDP = (778/1057)- 1 = 26.4%
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_____ are those that buyers do not generally want to have to shop for until they need them.
Answers
Unsought offerings are those that buyers do not generally want to have to shop for until they need them. Towing services and funeral services are generally considered unsought offerings.
Unsought offerings examples encompass luxury cars, pricey cameras, and high style clothing. Unsought merchandise are people who clients do no longer normally cross seeking out, or about which the common purchaser won't also be aware, due to the fact it is unsightly to think.
Towing services way the act of eliminating a Disabled automobile from a public or personal avenue vicinity by way of attaching, lifting, pulling or dragging and storing such automobiles in a secure facility or region.
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Christine manages a car wash. The owner of the car wash thinks they could be making bigger profits. Christine looks for ways to cut costs and increase profits. To solve this problem, Christine should _____. create a spreadsheet to track costs for the past month create a spreadsheet with current costs and use it to generate ideas about cutting costs create a balance sheet create a scatter graph
Answers
Answer:
The correct option is;
Create a spreadsheet to track costs for the past month
Explanation:
In order to cut costs and reduce spending, it is important to track the costs and the expenditures of the car wash for the previous month such that the excess cost or expense items can be detected and the likelihood of engaging in overspending in the future is reduced because the manager is paying attention to and cautious about the costs incurred while running the carwash
help need this in 30 mins! 1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
4. Describe two methods you would use to find potential employees if you were in charge of advertising a job for a company. Explain why you would use these methods for advertising the job. (1-2 sentences. 3.0 points)
5. Describe at least two methods you would use to identify job opportunities if you were looking for a job. Explain why you would use these methods for job seeking. (1-2 sentences. 3.0 points)
6. Write your answers to at least three of the lesson 2 questions on what you want from your life page. (1-3 sentences. 3.0 points)
7. Describe a career you would like to have, and explain how you could get started and then advance in that career. (1=3 sentences. 3.0 points)
8. Which part of the online job application was easiest for you to complete? Which section was the most difficult? Give at least one example of work experience, education, or special skills that you included in the application. (2-5 sentences. 3.0 points) CAUTION: To protect your privacy, make sure you don't list the names of specific places where you've worked or gone to school.
Answers
1. The best example of a task that makes a lot of sense in a company to outsource its customer support which is more common than phone support. Even the costs may be high, there are many parts which employing, providing office space, and training, and paying taxes on support reps are not very high. It makes sense because it is the best way to outsource a company and to make a better approach to the client.
2. Human resources staff are tasked with keeping up-to-date personnel policies for the companies they work for. These policies govern how a business is run, from hiring and termination to policies for sexual harassment and forms of workplace discrimination. Personnel policies are given to new employees to review, and they are often asked to sign a statement saying that they read and understand the policies. Policies and procedures vary from company to company, but certain elements are common.
3.
Heading information: Where they live, where they came from, who to contact when something bad happens.Work Environment: Know what's around you, be able to know it's safe for workers.3 or 4 skills they need to have: Being able to do the work they are task with.4. I would use employee referral programs and hire for attitude and then do training for skills. Employees working in your organization can be a valuable source of knowledge need when recruiting. They have friends and acquaintances that are in the same field. Come up with a policy that will enable staff to refer suitable candidates for job positions in the company. A smart recruiter should search for attitude when recruiting employees because skills can be gained. The best candidate should show a positive attitude towards a position with the required skills which is in most cases difficult to find. The technique to employ here as a recruiter is to find a person with a positive attitude towards a job posting.
5. The 2 methods which I will use to identify job opportunities if I was looking for a job would be, internships and company websites. Internships: As I am without a job, obtaining a short space among a renowned organization is an excellent method to acquire a footing in the entrance, or produce me including valuable business connections to convene upon in the eternity. Company Websites: If I want a job and want to get to know the company better, why not check out the job part of the company’s website. If I will see opportunities on the company’s website, there is a possibility I will obtain exactly the opportunity that I have been expecting for.
6. Write your answers to at least three of the Lesson 2 questions on the What You Want from Your Life page.
So here are the questions the question is talking about:
What activities do you most enjoy?What activities do you least enjoy?What things have you never done before but want to try?What things would your job need to include in order to make you feel satisfied?What things are you especially good at?What are your weaknesses?What values are most important to you?What issues or causes do you care most about?Which people in your life are most important to you?I answered these 3:
What are your weaknesses? My weaknesses include trouble focusing, impulsiveness, lack of motivation at times, and wanting to be recognized for my efforts. Which people in your life are most important to you? My mom, my grandpa, and my best friend. I would do anything for them, and they know that. I tend to care about their wellbeing more than my own because they give me the motivation to pursue any opportunity that comes my way. What things are you especially good at? I am good at motivating and helping others. I understand my faults and always try to improve in any shape, way, or form. I am also very personable.7. I am not sure what career I want to go in so I will just say an example. If I wanted to work in the veterinary field or be an animal doctor, some steps to take to lead toward this career would be to volunteer at the SPCA or animal shelters so I can get hands-on experience and a first-hand experience on what your career would be. With the prior knowledge of the animals on your resume, it would look good and they would hire me for my prior experience.
8. The section that was the easiest was the general information page. Including your name, age, etc. The hardest section for me was the goals section because I don’t really have any concrete goals at this point in my life right now and I am stuck choosing between multiple career options. One example of an experience I had in the past was when I would volunteer at my church (when I was religious). Now I tend to act as my mother’s secretary for her job, letting her know information from a voicemail, driving her, or taking notes for her meetings.
I put a lot of time and effort into this so, I hoped this helped! :)
Rachel wants to pursue a career in business information management. Arrange the certification/degree or training that Rachel needs for he
career growth.
certification in MIS
bachelor's degree in business
administration
training in management skills and data
storage
master's degree in business
administration
Answers
Answer:
The answer is below
Explanation:
For Rachael to pursue a career in business information management. She is expected to follow the following route one after the other.
1. training in management skills and data storage: this can be done immediately after high school
2. certification in MIS: this is a form certification, that is noteworthy. It can be done before a college or university degree.
3. bachelor's degree in business administration: this is obtained at a university level.
4. master's degree in business administration: this is often regarded as a postgraduates degree and can only be obtained after a first degree
5. career growth: after acquiring knowledge, here comes the stage to apply all the knowledge acquired in the obvious that in the real world either as an employee, inventor, or innovation.
Training in management skills and data storage, certification in MIS:, bachelor's degree in business administration:, master's degree in business administration: and career growth is the right way of doing business information management.
Why Training in management skills are important for the person?Training a development is very essential part in the management degree as it facilitates the person in giving the leadership quality and increase the confidence level of person, other important features of training are -
Communication has improved.Boost your productivity. More productive employees spend more time at work.Reduced Loss. Improved Morale.Thus, the statements are arranged above.
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On January 14, 2023, Angel prepaid $3,200 for pet care services to be provided each Friday for 8 weeks for her King Shepherd, Kuno. Mookie The Beagle Concierge recorded the entire $3,200 as Sales. At the end of the accounting period on January 31, 3 weeks (01/13, 01/20, 01/27) of the pet care services had been provided to Kuno, so 5 weeks of services or $2,000 ($3,200 ÷ 8 = $400 per week) had not been earned as of the end of January. Since $2,000 has not been earned, the $2,000 is a liability because Mookie The Beagle Concierge has an obligation to provide the pet care service or return the $2,000 to the customer. So an adjusting entry is needed to bring accounts up to date at January 31
Answers
We will get the entry below. It reflects accurately the revenue earned during the period and the amount of revenue that is yet to be earned.
Dr. Unearned Revenue $2,000
Cr. Sales $2,000
The given statement provides a scenario and discusses the need for an adjusting entry at the end of the accounting period to reflect the fact that $2,000 of the prepaid $3,200 pet care services had not been earned as of January 31. The adjusting entry would reduce the Sales account by $2,000 and increase the Liability account by $2,000 to accurately reflect the amount of unearned revenue at the end of the period. Therefore, the journal entry for the adjusting entry would be as follows:
Dr. Unearned Revenue $2,000
Cr. Sales $2,000
This entry would ensure that the financial statements accurately reflect the amount of revenue earned during the period and the amount of revenue that is yet to be earned.
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Raymond’s grandfather recently passed away. He left Raymond $1,000,000 in his will. Raymond’s lawyer tells him not to spend all $1,000,000 because he will owe some of it to the government. Why is this MOST likely true?
A. Raymond will have to pay inheritance tax.
B. Raymond will have to pay real estate property tax.
C. Raymond will have to pay excise tax.
D. Raymond will have to pay estate tax.
Answers
Answer:
Raymond will have to pay inheritance tax.
Explanation:
When you receive money or property from a decedent's estate, you are required to pay an inheritance tax, which is a type of state tax. In contrast to the federal estate tax, the property's beneficiary is in charge of paying the tax, not the estate. Only six states have inheritance taxes as of 2022.
Explain about the inheritance tax?For federal tax reasons, whether you inherit money, investments, or property, inheritances are not regarded as income. However, unless they come from a tax-free source, any further earnings on the inherited assets are subject to taxation.
There is no federal inheritance tax, which is a charge on the total amount of assets a person inherits from a decedent. For 2021 and 2022, however, estates worth more than $11.7 million and $12.06 million, respectively, are subject to a federal estate tax. Only the portion of an estate that exceeds such sums is subject to tax.
If you leave a home, vacate, and live in another place for seven years, there is typically no IHT to pay.
The answer is Raymond will have to pay inheritance tax
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Business; an organization that uses resources to produce a product is known as a ?
O Private Company
O Shop
O Firm
O Enterprise
Answers
Answer:
Firm
Explanation:
severely affecting the health of miners, workers and surrounding communities.
Answers
Mining operations can have detrimental effects on the well-being of miners, workers, and communities living in close proximity.
The process of mining can result in environmental contamination through the release of harmful substances such as heavy metals and chemicals, which can contaminate water sources and pose health risks to nearby communities. Additionally, the dust, noise, and vibrations produced during mining activities can lead to respiratory issues, hearing loss, and other health complications for both workers and residents in the vicinity. Furthermore, the use of heavy machinery and explosives increases the potential for accidents and injuries among workers and nearby communities. To mitigate these risks and safeguard human health and the environment, it is imperative to enforce stringent regulations and implement robust safety measures in mining operations.As a result, implementing stringent regulations and safety protocols becomes imperative in order to mitigate these risks effectively and safeguard the well-being of individuals and the environment.
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The Size Segment Places More Importance On Price And Age Positioning And Age Age And Reliability Reliability And Positioning
Answers
What is the most important criterion for consumers in the traditional segment? They take into account his four purchase criteria: Price, age, MTBF (reliability), positioning.
Each segment has different price expectations. For example, low-end customers are looking for inexpensive sensors, while high-end customers who want premium products are willing to pay higher prices."Market segmentation" is usually defined as the process of segmenting consumers (or businesses) into groups based on some common characteristic such as demographic profile, lifestyle, common interests or needs . Targeted marketing segmentation divides your prospects into segments. Then focus on a few segments (or groups of people) that are best suited for your product or service. In this way, we hope to serve their needs, attract new sales and extend their lifespan
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What are the two forms of indirect taxes that exist in the world?
Answers
The two forms of indirect taxes that exist in the world are specific taxes and ad valorem taxes.
Specific taxes are fixed amounts of tax imposed on each unit of a product, such as a certain amount of tax per liter of gasoline or per pack of cigarettes.
Ad valorem taxes, on the other hand, are taxes that are based on a percentage of the price of a product, such as sales tax or value-added tax (VAT). These taxes are calculated based on the value of the product being taxed, rather than a fixed amount per unit.
Both specific and ad valorem taxes are forms of indirect taxes, as they are imposed on products rather than directly on individuals or businesses.
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Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the success of your hotel? How would you improve these facets of your hotel?
Answers
Answer:
1. Create and give innovative experience.
2. Brand and reputation operation
3. Improvement in workers general welfare
Explanation:
As a manager in an hotel, I would Improve the facets of the hotel by
1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.
2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.
3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.
Your supervisor constantly gets on you for things that you feel aren't your fault. Every other day , they approach you about work that isn't done , but you know that it's someone else's responsibility . How will you handle this issue
Answers
Answer: Try talking so your supervisor about it so he understands you can’t deal with certain that aren’t your responsibility, if it doesn’t work you should speak to a superior higher than your supervisor before it’s too late and you’re blamed for the unnecessary
Explanation:
The location and community analysis determines the key events predicted for the local community and immediate surrounding area during the planning period. True False
Answers
Answer:
True
Explanation:
I had this question on my test and got it right
Which mindset would apple be adopting if it changed its strategic viewpoint from making laptops and desktops to making technology easy and elegant to use?.
Answers
Answer:
the production concept
Explanation:
The production process is defined as the process in which the factors of production, inputs of resources, are turned into beneficial outputs. Factors of production means capital, labor, technology, land, and other resources that are used to create output, or goods and services.
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Sienna wants to reconcile her bank account to check how much money she has to spend.
What does she need to do to adjust the balance in her bank statement?
While adjusting her bank statement balance, Sienna should first add 1.) ________
and then deduct 2.) _________.
1.)
- deposits in transit
- NSF fees
- bank service charges
2.)
- bank errors
- outstanding checks issued
- interest earned
Answers
1. NSF fees and service charges would be money taking out of her account. She wants to add what is being put into her account so she should add deposits in transit.
The answer is Deposits in transit.
2. Deductions is money being taken out, so she would deduct outstanding checks issued.
Answer: outstanding checks issued.
buying goods and services from other companies rather than producing them internally is commonly called
Answers
Buying services and goods from other companies instead of producing them internally is commonly called 'outsourcing'.
Companies often buy products and services needed in the manufacturing process for less than the cost of their internal production. Buying products and services from other companies instead of producing them internally is called outsourcing. Outsourcing is a business practice whereby a company recruits a third party to handle operations, perform tasks, or provide services for the company. Simply, in outsourcing production of services and goods is farmed out to the third party.
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A big mining company wants to open a mine . The social costs are greater than the social benefits. Should the company carry on with this project or not?
Answers
Answer: They should not
Explanation:
The Social cost of a project refers to the total cost that society incurs as a result of the project. This includes the actual costs to the investors as well as the cost to society such as pollution. Likewise the social benefit is the entire benefit that accrues from the project.
When using the Social Cost Benefit Analysis, one should not pick a project that has a higher social cost than social benefit because it would lead to a social loss. In order words, the project would cost society more than society would benefit from it so there is no need to embark on such a project.
what did the angel reval to the students
Answers
Answer:
The angel revealed to the students that they had to attain divine wisdom so they could share what they learned later in life.
Explanation:
This is from the poem Did I Miss Anything by Tom Wayman, a modernist poet is all about the frustration of a teacher who has frequently been asked by the absent students, “Did I Miss Anything”.
The tone of the poem is angry, sarcastic and humorous. Each stanza in the poem begins with Nothing and Everything. Both the words are complete in themselves and represent the tone of the poem.
the explanation of the poem by stanza-
Stanza 1
The poet begins by saying, “Nothing” and adds that he has missed nothing as they (teacher and students) realized that he (the absentee) was not there and hence they were sitting quietly for two hours. with their hands on the desks. It is a kind of sarcastic answer.
Stanza 2
In the next stanza, the teacher’s anger comes out. He tells the absentee that he taught the lessons which covered 40% of the term syllabus and also assigned the students a quiz which is worth 50% of the term paper’s marks.
Stanza 3
The tone again shifts to sarcasm. According to the teacher, he (student) missed nothing as the course has no values or meaning. So he should remain absent as all the activities that take place in the class have no purpose for himself as well as for the absentee.
Stanza 4
In the 4th stanza, the poet says that shortly after he began teaching an angel just appeared that told about the ways to attain wisdom for the life and also that this is the last class after which they will have to spread the good news to the world.
This stanza is a satire on the religious faiths like Christian and Jewish religious practices and beliefs. It was believed that angels descend from the sky to impart knowledge to the clergy who afterwards spread that message (good news) to the commoners.
Stanza 5
The tone again reverts to sarcastic. the teacher asks the student how anything can happen in the class without him (student) being present there.
Stanza 6
In the final stanza, the teacher says that the classroom is a world full of human experiences which were assembled for him (student) to grab, examine and understand. It was an opportunity which he has lost now.
The cost function C=q(V1/2 +w1/2)^2 arises from:
a. a Cobb-Douglas production function
b. a CES production function.
c. a fixed proportions production function
d. a translog production function.
Answers
The cost function C=\(q(V1/2 +w1/2)^2\) arises from a CES (Constant Elasticity of Substitution) production function.
The CES production function assumes that the inputs of production are substitutes or complements in production. The elasticity of substitution between the two inputs remains constant, allowing for a constant degree of substitution between the two inputs. The cost function in this case is derived by using the mathematical properties of the CES production function.
The cost function shows the minimum cost of producing a certain level of output, given the prices of the inputs. In this case, the inputs are capital (V) and labor (w).
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