If Gwen hires the first candidate she sees who meets the minimum requirements without going through every candidate's file to see if anyone else is better, she is demonstrating a biased decision-making process.
This bias is known as the "availability heuristic," which means that Gwen is making a decision based on the first piece of information that comes to mind, rather than taking the time to review all available options.
By not considering all candidates, Gwen may miss out on hiring someone who is a better fit for the position and who may bring more value to the company. This decision may also create an unfair advantage for the candidate who was hired based solely on being the first to meet the minimum requirements.
In order to avoid this type of bias, Gwen should take the time to review all candidates' files and consider each applicant's skills, experience, and qualifications. This will ensure that the best candidate is hired for the position and that the company benefits from a diverse and talented workforce.
Overall, it is important for Gwen to recognize the potential for bias in her decision-making process and take steps to eliminate it in order to make the best hiring decisions for the company.
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(13 points) APY is a(n) ____.
A. noncompounding interest rate
B. daily interest rate
C. interest rate advertised by lenders
D. interest rate advertised by borrowers
Answer:
C. interest rate advertised by lenders
Explanation:
APY stands for Annual percentage yield. It is the rate at which deposits earn interest in a checking or savings account. In other words, APY represents the amount of interest a deposit earns for one year when in a bank account.
The APY is a standardized presentation of interest to be earned. It incorporates all considerations, such as the compounding effect. APR makes it possible to compare expected returns from various financial instruments or institutions.
In which market would a producer sell bicycles to consumers?
In the markets for goods and services, a producer would sell his bike for purchase by customers.
What is the market for goods and services?Consumers buy consumables on the products and services market, and firms sell their commodities there. The market encompasses physical stores, the Internet, and any other location where consumers can exchange products and services.
The trading of finished goods takes place here. Businesses receive payment from customers in exchange for goods. The consumer gives money to the business in a flow. In contrast to this, enterprises can buy the materials they need on the factor market to make an item.
The rule of supply and demand governs how much is produced and at what price in the market for products and services.
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Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the business has earned a profit for the last five years. In reality, the business operated at a loss for each of those years. However, Shirley did not hear Joe's misstatement. Shirley cannot rescind the contract because:
Answer:
"Shirley did not actually rely on Joe's misstatement" is the correct answer.
Explanation:
Reliance means that the individual adopts a way to proceed due to various his/her confidence in a statement that she has established. For lack of understanding to occur, a causal relationship may well have been formed between some of the claims as well as the determination of the authority concerned to implement the arrangement. Because Shirley wasn't really conscious that someone had presented an argument, there would be no dependency. Therefore, she can't extrapolate a rescission upon this.Gianna put $1,000 in a savings account for 18 months. The interest on the account is 3.5%.
How much will Gianna earn in interest? What amount will she have at the end of the time period?
Answer:
You will earn $52.96 in interest
You have $1,052.96 in total.
When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called Group of answer choices auditing. economics. finance. accounting.
Recording, classifying, and summarizing economic events in a logical manner for the purpose of providing financial information for decision making is commonly called accounting.
Accounting is a fundamental process in business and financial management. It involves systematically recording financial transactions, classifying them into appropriate categories, and summarizing the information to create financial statements such as the income statement, balance sheet, and cash flow statement. These financial statements provide a snapshot of a company's financial performance, position, and cash flows, enabling decision-makers to analyze and make informed decisions about the organization's operations, investments, and financial strategies.
While auditing, economics, and finance are related disciplines, each has its own distinct focus. Auditing involves examining and evaluating financial records and statements to ensure accuracy, compliance, and reliability. Economics studies the production, distribution, and consumption of goods and services within an economy. Finance, on the other hand, focuses on managing financial resources, investments, and the financial aspects of decision making. However, accounting serves as the foundation for providing the necessary financial information in these areas.
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Define leadership behaviors (in your own words) and note which behaviors are beneficial at specific organizational activities (example: project planning, leading coworkers, etc…). Please note at least five organizational activities and be specific when responding.
Leadership behaviors refer to the actions, traits, and skills demonstrated by a leader to influence, inspire, and guide their team towards achieving a common goal. Different leadership behaviors are beneficial for specific organizational activities.
Explanation: Effective leadership behaviors can vary depending on the specific organizational activity. For example, during project planning, leaders should demonstrate behaviors such as setting clear goals, establishing timelines, and delegating tasks. When leading coworkers, effective leadership behaviors may include active listening, providing feedback, and promoting a positive work culture. Other specific organizational activities that may benefit from certain leadership behaviors include conflict resolution, decision-making, and performance management.
Therefore, leadership behaviors are critical for the success of any organization, and leaders must be able to adapt their behaviors to meet the needs of specific organizational activities. By understanding which behaviors are most effective for each activity, leaders can maximize their effectiveness and promote a positive work environment.
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____ are specialized accountants who look for evidence of improper accounting methods.
A. Public accountants
B. Government accountants
C. Fraudulent accountants
D. Forensic accountants
Answer:
i think that the answer is C
Explanation:
Answer:
Forensic accountants
Explanation:
just trust me on this man
A reference value involves a. comparing the costs and benefits of items from one particular manufacturer or distributor. b. products with which a consumer is familiar and items the consumer has not seen or used before.c. items of equal or greater value. d. substitute items.
Complete Question:
A reference value involves comparing the costs and benefits of?
Answer:
d. substitute items.
Explanation:
A price elasticity of demand can be defined as a measure of the responsiveness of the quantity of a product demanded with respect to a change in price of the product, all things being equal.
Mathematically, the price elasticity of demand is given by the formula;
\( Price \; elasticity \; of \; demand = \frac {Percentage \; change \; in \; price}{Percentage \; change \; in \; demand} \)
The demand for goods is said to be elastic, when the quantity of goods demanded by consumers with respect to change in price is very large. Thus, the more easily a consumer can switch to a substitute product in relation to change in price, the greater the elasticity of demand.
Generally, consumers would like to be buy a product as its price falls or become inexpensive.
Hence, a reference value involves comparing the costs and benefits of items substitute items.
A substitute item can be defined as a product (item) that a consumer sees as an alternative to another product (item) and as such would offer similar benefits or satisfaction to the consumer.
For substitute products (items), the cross-price elasticity of demand is always positive because the demand of a product increases when the price of its close substitute (alternative) increases.
What may happen if your job does not require you to use the aptitudes you possess?
marquis hasn't paid her property taxes for two years. she's behind on her mortgage and hoa fees, and the contractor who remodeled marquis' kitchen has filed a mechanic's lien. which lien gets paid first in the case of a foreclosure?
In the case of a foreclosure, the lien that would get paid first is the mechanic's lien. This is because mechanic's liens are prioritized over mortgage and HOA fees due to the fact that it is related to labor and materials that have been provided to improve the property. As such, the contractor's mechanic's lien must be paid first before any other lien can be satisfied in the case of a foreclosure.
In the case of a foreclosure, the mechanic's lien takes precedence over all other liens. This is because the mechanic's lien is related to labor and materials that have been provided to improve the property and is thus given priority over any mortgage or HOA fees. Before any other liens can be paid in the case of a foreclosure, the contractor's mechanic's lien must be satisfied first.
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Who are the majority of businesses in resort towns targeted to?
O
seniors
O
tourists
O
employees
investors
The majority of businesses in resort towns target tourists.
Who is the luxury hotel industry's target customer?As you can see, a wide range of people from across all walks of life who are prepared to pay a little extra for the luxury hotel experience makes up the target audience for luxury hotels.
What advantages come from forming and focusing on prospect groups?Overall, specialization is the main advantage of identifying and pursuing niche markets. Finding more wealthy guests who will gush about your hotel will be easier if you can be more precise with your market segmentation.
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if unemployment in 2017 is 6%, and in 2018 7.1% what is the
percentage change from 2017 to 2018? calculation please.
The percentage change in unemployment from 2017 to 2018 is approximately 18.33%.
To calculate the percentage change in unemployment from 2017 to 2018, you can use the following formula:
Percentage Change = ((New Value - Old Value) / Old Value) * 100
In this case, the old value is the unemployment rate in 2017, which is 6%, and the new value is the unemployment rate in 2018, which is 7.1%.
Using the formula:
Percentage Change = ((7.1 - 6) / 6) * 100 = (1.1 / 6) * 100 ≈ 0.1833 * 100 ≈ 18.33%
Therefore, the percentage change in unemployment from 2017 to 2018 is approximately 18.33%.
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which wheel settings change when you mount the subframe incorrectly in the transverse direction? Check all that apply
TOE
CAMBER
STEERING AXIS INCLINATION (SAI)
CASTER
The wheel settings that change when you mount the subframe incorrectly in the transverse direction is "CASTER" (Option D)
What is Caster?Caster is the process of aligning a wheel with the direction of travel, which can be performed by caster displacement or caster angle. As with the front wheels of a shopping cart, caster displacement shifts the steering axis forward of the axis of wheel rotation. The steering axis is moved away from the vertical by the caster angle.
The caster angle, also known as the castor angle, is the angular displacement of the steering axis from the vertical axis of a steered wheel of a car, motorbike, bicycle, another vehicle, or watercraft as seen from the side.
Positive caster enhances the responsiveness of your vehicle while negotiating bends and the stability of your car when going at greater speeds. The sole disadvantage of a positive caster is that it increases the amount of effort required to steer your car.
Turning plates and a digital or bubble camber/caster gauge are the two most common methods for measuring caster angles. Measuring the upper and lower wishbone mounting points or the MacPherson strut angle.
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NEED HELP ASAP.
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider:
A) getting two credit cards, so you always have a line of credit open for use.
B) raising your borrowing limit on your credit card so you can spend more
C) only credit cards that offer a low APR
D) only credit cards that offer zero annual fees even if the APR is high.
Answer:
D
Explanation:
If you are sure that you will be able to pay off the balance of your credit card bill in full each month, you should consider only credit cards that offer zero annual fees even if the APR is high.
What is the Balance?Equilibrium or equipoise; an even distribution of weight, quantity, etc.; a counterpoise employed to establish equilibrium. stability of the mind or the emotions; a propensity for calm behavior, judgment, etc. a condition of balance in the body: He dropped down the steps after losing his footing.
When you can, try to pay off the entire sum on your credit card. Maintaining a recurring credit card load can increase your credit usage rate, which is one of the factors used to determine your credit ratings, and cost you money in interest.
If you pay off the entire balance on your credit card by the due date each month, interest will not be charged. Improve your credit score: You may build a solid payment history by using your credit card and paying off the balance.
Therefore, Thus option (D) is correct.
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What is the most common way the Federal Reserve attempts to increase capital investment?
A.) lower tax rates
B.) increase buying bonds
C.) increase loanable funds
D.)lower interest rates
Answer:
D
Explanation:
If they lower interest rates. Consumers borrow and buy more making and increasing expansion of capital investments
Hope this helps
The Federal Reserve commonly attempts to increase capital investment by lowering interest rates, which makes borrowing more affordable and encourages businesses and individuals to invest and spend money.
The most common way the Federal Reserve attempts to increase capital investment is by D.) lowering interest rates. By reducing interest rates, the Federal Reserve aims to make borrowing more affordable for businesses and individuals, thereby encouraging them to invest and spend money.
Lower interest rates can incentivize businesses to take out loans for expansion, invest in new projects, and stimulate economic activity. This policy is a tool used to influence economic growth and investment within the country.
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what types of businesses are needed to make the product and deliver it to the final consumer.
Answer:
Manufacturing and Merchandising businesses
Explanation:
The type of Business needed to make the product is known as MANUFACTURING business. This business buys raw materials and refined them into products that later sell in bulk to wholesalers.
On the other hand, Merchandising business is a form of business that involves buying refined products at wholesale price and then sell to the final consumers.
Hence, in this case, then Greece answer is MANUFACTURING and MERCHANDIZING Business.
For some time, Bloomingdale's relied on standard types of training to enhance employees' awareness of such topics as workplace safety and loss prevention. Such training typically included classroom sessions, store huddles, pre-shift meetings, and instructional posters. But these efforts were not always effective despite the good intentions. For instance, the training did not really inspire employees to focus on the key issues covered, and it was often difficult to measure the impact of the instruction provided. The firm recognized that something different must be done to enhance its safety record—this involved increasing associates' knowledge of safety, rather than focusing exclusively on traditional training as a "quick fix. "
The company started using Axonify, a training platform that incorporates active gamification and other entertaining activities to increase employee knowledge. Learning can also be customized based on the personal needs of employees. This enables individuals to build confidence by working on their knowledge areas that need improvement. Much of these activities could also be integrated real time into the work environment.
Bloomingdale's developed a four-stage process to make the transition from traditional training to ongoing learning. First, learning activities were included in shift work to spark daily awareness of safety and customer service issues. The Employee Knowledge Platform enabled employees to learn during short periods of downtime, using mobile devices or point-of-sale instruments. Associates were able to learn while they did their jobs, instead of receiving training at one time. Next, the training was delivered in small modules, with gamified elements that appealed to associates. When individuals mastered one set of information, the platform would move on to other topics—when remedial work was needed, it was provided until associates mastered the information.
Bloomingdale's also allowed for some customization in the learning system because different stores and departments often dealt with very different challenges and opportunities. This customization led to greater engagement across the various areas of the organization. Finally, the effectiveness of the learning was measured with the Employee Knowledge Platform, which helped Bloomingdale's determine its impact on important outcomes (i. E. , individual behaviors and results). This allowed managers to get a gauge of how well associates, teams, and stores were learning and applying the information on the job.
Not only does Bloomingdale's have an engaging training program that motivates a tech-oriented workforce, but the company also has a way of measuring its impact on the business as a whole. The approach has been very effective. The company has saved millions of dollars by decreasing the number of safety claims it addresses.
Zorosis, a jewelry store, recently discarded its traditional employee training modules and upgraded to an innovative online learning system in which employees are now required to access their training material. To facilitate an ongoing learning process that would keep employees motivated to learn, the store should ensure that:
a. Its training content is delivered in an exhaustive manner to enable deep learning.
b. It allows for customization in its learning system.
c. It curbs the use of gamified activities on the platform to avoid careless use.
d. It avoids learning activities during periods of downtime.
The best way for Zorosis to ensure that their ongoing learning process will be a success is to ensure that b. It allows for customization in its learning system.
What should Zorosis do?The online learning platform that Zorosis plans to implement should be able to be customizable to the various challenges that employees can face.
This allows the employees to apply what they have learnt in various areas that will ensure business success.
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Given the 2020 recession, what should be the goal of monetary policy? Should the Fed enact expansionary or contractionary policy? In other words, should the Fed increase the money supply/credit supply or decrease the money/credit supply. Explain what they might do to achieve their goal.
Answer:
Expansionary monetary policies
Explanation:
A recession is characterized by reduced economic activities, a high unemployment rate, and low business incomes. The economy experiences a reduced demand for products and services, leading to low production and a slow economic growth rate.
In a recession like in 2020, the Fed should employ measures that will stimulate economic growth. The appropriate measures are the expansionary monetary policies. These policies seek to increase liquidity in the market, thereby increasing the aggregate demand. Expansionary monetary policies increase the money supply in the economy; they include a reduction in the reserve requirement, reduction in the discount rate, and open market purchases.
the company follows a focused brand strategy in which the majority of resources are devoted to those brands that have the greatest long-term growth potential. what positives and negatives do you see with this approach?
The company follows a focused brand strategy in which the majority of resources are devoted to those brands that have the greatest long-term growth potential.
The positives of this approach are:
The company would be playing according to its areas of strengthIt will be taking a position for the long term.The negatives of this approach is:
It creates a tunnel vision that makes the company to foregoe alternatives that can also be viable in the long run given that external factors change the tides.What is a focused brand strategy?A focus strategy connects a company's goods and marketing to its target market. Developing a good focus strategy will assist a firm in understanding its customer's goals and requirements in order to develop items that they will buy and find beneficial.
A competitive strategy that directs marketing and sales activities to a single market segment is known as a focus strategy. This approach tries to capitalize on untapped or underdeveloped portions of a target market.
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Express the following relationships using the equation for the quantity theory of money. A. The money supply is given by nominal GDP divided by the velocity of money. P = MV / Y. M / P = Y / V. M = PY / V. Y = MV / P. B. The relationship of the money supply to the price level is the same as the relationship between real GDP and velocity. (Hint: Start by dividing the money supply by the price level. ) M = PY / V. Y = MV / P. P = MV / Y. M / P = Y / V. C. Real GDP is given by the flow of money divided by the price level. Y = MV / P. M / P = Y / V. P = MV / Y. M = PY / V. D. The price level of an economy can be found by dividing the product of the money supply and its velocity by real GDP. M / P = Y / V. M = PY / V. P = MV / Y. Y = MV / P
The relationships using the equation for the quantity theory of money are:
A. M = PY / V
B. M / P = Y / V
C. Y = MV / P
D. P = MV / Y
The quantity theory of money is an economic theory that establishes a relationship between the supply of money, velocity of money, price level, and real output of an economy.
A. The equation for the quantity theory of money is P = MV / Y. Rearranging this equation, we can find M = PY / V.
B. Dividing the money supply by the price level gives us the equation M / P = Y / V. We can also use the original equation, P = MV / Y, to find Y = MV / P.
C. Real GDP is given by Y = MV / P. Rearranging this equation, we can find M / P = Y / V.
D. The price level of an economy can be found by dividing the product of the money supply and its velocity by real GDP. This equation can be derived by rearranging the equation P = MV / Y, giving us P = MV / Y.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
what organizational structure would you choose if you were interested in promoting flexibility, adaptability, and innovation?
The key benefits of a divisional structure are as follows: The various departments are given some latitude to conduct their business
What is business?An innovative company or group that engages in professional activities is referred to as a business. They could be industrial, commercial, or something else. Businesses that are for-profit operate to make a profit, whereas those that are nonprofit do so to further a philanthropic cause.
Independently of the rest of the corporation. It can better accommodate client needs. There is greater liberty and room for creativity within individual areas. For startups, small businesses striving to establish their brands, and larger enterprises that require a high degree of flexibility and agility to address shifting customer demands, market conditions, or competitive problems, organic structures are appropriate.
Therefore, The some latitude to conduct their business
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
An investment offers $7,000 per year for 15 years, with the first payment occurring one year from now. If the required return is 6 percent, what is the value of the investment today?
The present value of investment giving returns of $7000 at the end of 15 years will be $2920.86
What is present value?The present value refers to as the current value of a certain future return at a determined interest for a particular period of time. Using the above information, it can be calculated as,
\(\rm Present Value = FV\ x\ \dfrac{1}{(1+rate)^n}\\\\\\\rm Present Value =7000\ x\ \dfrac{1}{(1+0.06)^1^5}\\\\\rm Present Value =\$2920.86\)
Hence, the present value is as calculated above.
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Which Is Greenest, City Living or Country Living?
Living in the country looks like a much greener choice than residing in a metropolis. After all, there is actually more green space nearly everywhere you look, and the air is cleaner.
Have a look to the pros of living in the city or country.
People who are more in touch with nature are more conscious of their environmental impact. When they enjoy spending time by the neighborhood lake and notice that it is gradually becoming contaminated, it directly affects them. Consequently, people are more inclined to look for eco-friendly living options.
When you have some area to use for growing things like plants and veggies, for example, you have even greater access to healthy living. This indicates that you are more aware of the foods you consume. Additionally, it eases the burden on supply networks that are largely reliant on fossil fuels to transport fresh produce from afar.
When you live in a city, your typical apartment is smaller, which uses less energy to heat, chill, and keep the lights on. When compared to the same number of people living in the country, large buildings typically use less energy per person.
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The capital projects fund of Hood River completed construction of an addition to its city hall at a cost of $4,000,000. The city council approved payment of the amount due the general contractor, less a 10 percent retainage. How should the capital projects fund account for the 10 percent retainage
The capital projects fund account for the 10 percent retainage as (B) II only.
What is retainage?Retainage is a percentage of the agreed-upon contract price withheld until the work is substantially completed to ensure that the contractor or subcontractor will fulfill its responsibilities and complete a construction project. Retention is money kept back by one party in a contract as security for unfinished or defective work.Assume the contract is worth $20,000 and you're submitting a paid app after finishing 25% of the work. So you earned $5,000 during the pay period, but retainage is 5%. The current progress payment has been reduced by $250. As a result, the "Amount Due for this Request" will be $4,750.So, in the given situation the capital projects fund account for the 10 percent retainage as (II) the credit for $400,000 to Contracts Payable-Retained Percentage, that is (B) II only.
Therefore, the capital projects fund account for the 10 percent retainage as (B) II only.
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The correct question is given below:
The capital projects fund of Hood River completed the construction of an addition to its city hall at a cost of $4,000,000. The city council approved payment of the amount due to the general contractor, less a 10 percent retainage. How should the capital projects fund account for the 10 percent retainage?
I. As a credit of $400,000 to Deferred Revenue-Retained Percentage
II. As the credit for $400,000 to Contracts Payable-Retained Percentage.
A. I only
B. II only
C. Either I or II
D. Neither I nor II
Examples of recent trends in the economic environment of U.S. businesses are
a,decreasing global competition and a shift toward providing services rather than goods.
b,increasing global competition and a shift toward providing goods rather than services.
c increasing global competition and a shift toward providing services rather than goods.
d,decreasing global competition and a shift toward providing services rather than goods.
The correct option is (c) increasing global competition and a shift toward providing services rather than goods. Recent trends in the economic environment of U.S. businesses show that there is increasing global competition and a shift towards providing services instead of goods.
One of the reasons for the shift is that the growth in technology has made it more efficient for companies to offer services rather than manufacture and sell goods. Additionally, global competition has increased because of advancements in technology and international trade policies. It's now easier than ever before to establish operations and trading networks in foreign countries.
The rise of the sharing economy and subscription-based services is another factor contributing to the shift towards service provision. Companies like Uber, Airbnb, and Netflix are all examples of businesses that have successfully adapted to changing consumer demands and preferences. There are a few other trends that are worth noting, such as the increasing importance of corporate social responsibility and sustainability, as well as the growing gig economy. However, the shift towards services and the rise of global competition are two of the most significant trends in the current economic environment of U.S. businesses.
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What is the purpose of the federal budget? A. It serves as a plan for government spending each year. B. It ensures that the government will always have a surplus C. It allows the government to default on its debts O D. It prevents the government from creating a budget deficit .
Answer:
It serves as a plan for government spending each year
The major purpose of the federal government is to serve as a plan for government spending each year.
What do you mean by a federal budget?A federal budget refers to a plan for how the government will take in money.
It is revised every year and the purpose is to outline the budget for the nation's priorities for years.
It serves as a plan for government spending. Therefore, A is the correct option.
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List any THREEshopping skill that you will follow.