The article by Kerr titled “On the folly of rewarding A, while hoping for B” discusses how companies should rethink their compensation practices in order to incentivize the right behaviors. Kerr argues that companies often reward employees for one behavior (A) while actually hoping for a different behavior (B), which leads to a mismatch between the incentives and the desired outcomes.
According to learning theory, behavior is shaped by consequences, including rewards and punishments. When rewards are linked to the desired behavior, individuals are more likely to repeat that behavior in the future. However, when rewards are linked to the wrong behavior, individuals may not engage in the desired behavior.
For example, if a company rewards employees for completing a task quickly but does not prioritize quality, employees may sacrifice quality in order to meet the speed requirement. This can lead to mistakes and errors that could have been avoided if the reward system had prioritized quality.
Therefore, companies need to carefully design their compensation systems to align with the desired behaviors. This means linking rewards to the behaviors that will lead to the desired outcomes, rather than simply rewarding employees for meeting a specific metric or target. Additionally, companies should regularly evaluate their compensation systems to ensure that they are still incentivizing the right behaviors as the business evolves.
Overall, Kerr’s article highlights the importance of using learning theory to design effective compensation practices that truly incentivize the desired behaviors. This is crucial for companies to achieve their goals and succeed in their respective markets.
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Provide a response to the business scenario below. If a book costs $4.99 and 1,025 books were sold, then it was on sale for $2.99 and 1,892 copies were sold. 1. What is the demand equation q(p) (hint: form 2 points (p, q) first, it's ok to use decimals but don't round too much for accuracy). 2. What is the Revenue equation R(p) (hint: R= p*q)? 3. Find the maximum revenue using 1st or 2nd derivative test (show it). 4. What is the optimal price for the book? What is the amount of books sold? Replies: comment on the solutions (are they correct and use proper notation?) for at least 2 classmates' posts. Also, answer any questions if applicable. Bonus (2 pts): Provide a worked-out example of real-life application finding max/min from section 6.2 (you can use examples from hwk).
The demand equation q(p) is approximately q(p) = -433.5p + $3195.665. The revenue equation R(p) is approximately \(R(p) = -433.5p^2 + $3195.665p\). The maximum revenue can be determined by finding the critical point of the revenue equation, which is $3.68. The optimal price for the book is $3.68, and the corresponding quantity sold is 1587 books.
To answer the questions, let's first establish the demand equation based on the given information:
1. Demand equation q(p):
Let's form two points using the price (p) and the quantity sold (q) values:
Point 1: (p1, q1) = ($4.99, 1025)
Point 2: (p2, q2) = ($2.99, 1892)
Using these two points, we can calculate the slope of the demand equation:
Slope (m) = (q2 - q1) / (p2 - p1)
= (1892 - 1025) / ($2.99 - $4.99)
= 867 / (-$2.00)
= -433.5
Now, we can use the slope-intercept form to determine the demand equation:
q(p) = m * p + b
Substituting one of the points (e.g., Point 1) and the slope (m) into the equation:
1025 = -433.5 * $4.99 + b
1025 = -$2170.665 + b
b = 1025 + $2170.665
b = $3195.665
Therefore, the demand equation is:
q(p) = -433.5 * p + $3195.665
Revenue equation R(p):
The revenue equation is given by the product of price (p) and quantity sold (q):
R(p) = p * q(p)
= p * (-433.5 * p + $3195.665)
Simplifying the equation:
\(R(p) = -433.5p^2 + $3195.665p\)
Finding the maximum revenue using the 2nd derivative test:
To find the maximum revenue, we need to find the critical points of the revenue equation. We can do this by finding the derivative of R(p) and setting it equal to zero.
R'(p) = -867p + $3195.665
Setting R'(p) equal to zero and solving for p:
-867p + $3195.665 = 0
-867p = -$3195.665
p = -$3195.665 / -867
p ≈ $3.68
Now, let's find the second derivative of R(p) to determine the concavity:
R''(p) = -867
Since the second derivative R''(p) is a constant (-867), we can conclude that the revenue function is concave down. Therefore, the critical point we found is indeed the maximum revenue.
Optimal price and quantity:
The optimal price for the book that maximizes revenue is approximately $3.68. To find the corresponding quantity sold, we can substitute this price into the demand equation:
q(p) = -433.5 * p + $3195.665
q($3.68) = -433.5 * $3.68 + $3195.665
q($3.68) ≈ 1587
Therefore, the optimal price for the book is approximately $3.68, and the corresponding quantity sold is approximately 1587 books.
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Which trait do MOST employers look for when hiring new employees?
Group of answer choices
punctuality
an outgoing personality
financial independence
a fashionable wardrobe
Answer: Punctuality
Explanation:
The ___________________Party believes in individual freedom and that the only purpose of government is to protect this freedom.
Group of answer choices
Democratic
Socialist
Libertarian
Communist
At the beginning of the year, Trust estimates overhead to be $700,000, machine hours to be 200,000, and direct labor hours to be 35,000.
Based on the information provided, Trust has estimated its overhead for the year to be $700,000.
Additionally, Trust has estimated that it will use 200,000 machine hours and 35,000 direct labor hours during the year.
This information is likely being used by Trust to develop a predetermined overhead rate, which is used to allocate overhead costs to products or services based on their use of production resources. The predetermined overhead rate is calculated by dividing the estimated total overhead costs for the year by the estimated total amount of the allocation base, which in this case is either machine hours or direct labor hours.
For example, if Trust chooses to use machine hours as the allocation base, the predetermined overhead rate would be calculated as follows:
Predetermined overhead rate = Estimated total overhead costs for the year / Estimated total machine hours for the yearPredetermined overhead rate = $700,000 / 200,000 machine hours
Predetermined overhead rate = $3.50 per machine hour
Similarly, if Trust chooses to use direct labor hours as the allocation base, the predetermined overhead rate would be calculated as follows:
Predetermined overhead rate = Estimated total overhead costs for the year / Estimated total direct labor hours for the yearPredetermined overhead rate = $700,000 / 35,000 direct labor hours
Predetermined overhead rate = $20 per direct labor hour
Once the predetermined overhead rate is established, Trust can use it to allocate overhead costs to its products or services based on their use of machine or direct labor hours.
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Assume that the market for soybeans is purely competitive. Currently, firms growing soybeans are earning positive economic profits. In the long run, we can expect Multiple Choice new firms to enter, causing the market price of soybeans to fall. new firms to enter, causing the market price of soybeans to rise. some firms to exit, causing the market price of soybeans to fall. some firms to exit, causing the market price of soybeans to rise.
Answer:
I don't understand what the question is supposed to be?
1. Describe how an apoptosis-inducing signal can transduce through intrinsic and extrinsic pathways to activate the initiator caspases. (10 marks)
Answer:
Explanation:
Apoptosis is an important biological process that regulates cell death and is essential for development, tissue homeostasis, and immune defense. Apoptosis-inducing signals can be transduced through intrinsic and extrinsic pathways to activate the initiator caspases.
The intrinsic pathway is initiated by cellular stress, such as DNA damage, hypoxia, or oxidative stress. These stress signals can activate the tumor suppressor p53, which in turn induces the expression of pro-apoptotic proteins such as Bax, Bak, and Puma. These proteins induce the release of cytochrome c from the mitochondria, which binds to Apaf-1 to form the apoptosome complex. The apoptosome complex recruits and activates initiator caspase-9, which then cleaves and activates the effector caspases-3, 6, and 7. This results in the cleavage of various cellular substrates, leading to the characteristic morphological and biochemical changes seen in apoptosis.
The extrinsic pathway, on the other hand, is initiated by extracellular signals such as cytokines, death ligands, or immune receptors. These signals bind to their respective receptors on the cell surface, which then activate caspase-8 through the recruitment of adaptor proteins such as FADD. Caspase-8 can also directly cleave and activate the effector caspases, leading to apoptosis. In some cases, the extrinsic pathway can also activate the intrinsic pathway through the cleavage of the pro-apoptotic protein Bid, which then translocates to the mitochondria and induces cytochrome c release.
In summary, apoptosis-inducing signals can transduce through both intrinsic and extrinsic pathways to ultimately activate the initiator caspases. These pathways intersect at various points and can crosstalk, leading to a coordinated and regulated cell death process.
Bonita Company began the year with owner's equity of $29500. During the year, Bonita received additional owner investments of $41000, recorded expenses of $144000, and had owner drawings $7600. If Bonita’s ending owner's equity was $121000, what was the company’s revenue for the year?
If, Bonita’s ending owner's equity was $121000. Then, the company's revenue for the year was $194,500.
We can use the accounting equation to solve this problem;
Assets = Liabilities + Owner's Equity
We know that the beginning owner's equity was $29,500 and that the owner made additional investments of $41,000 during the year. Therefore, the initial owner's equity was;
$29,500 + $41,000 = $70,500
We also know that the owner made $7,600 in drawings during the year, which reduces the owner's equity. Therefore, the total decrease in owner's equity from expenses and drawings was;
$121,000 - $70,500 = $50,500
Now we can calculate the revenue by adding the expenses to the decrease in owner's equity;
Revenue = Expenses + Decrease in Owner's Equity
Revenue = $144,000 + $50,500
Revenue = $194,500
Therefore, the company's revenue for the year was $194,500.
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The first step in the IMC planning process is:
A) analysis of the company's context
B) defining the firm's target market
C) an analysis of the product positioning
D) developing communications objective
The first step in the IMC (Integrated Marketing Communications) planning process is typically considered to be the analysis of the company's context. This involves an assessment of the overall business environment, including factors such as industry trends, market conditions, and the competitive landscape.
It also involves an evaluation of the company's internal resources and capabilities, such as its brand equity, marketing budget, and personnel. While defining the firm's target market is an important aspect of the IMC planning process, it is often considered to be a later step in the process. Before a target market can be defined, it is important to have a thorough understanding of the company's context and the various factors that may impact its marketing strategy.
Similarly, an analysis of the product positioning is an important component of the IMC planning process, but it also typically occurs after the initial assessment of the company's context. This involves evaluating how the product or service is currently perceived by consumers and how it stacks up against competing offerings in the marketplace. Finally, developing communications objectives is a critical step in the IMC planning process, but it typically occurs after the company's context has been analyzed and a target market has been defined. This involves setting specific, measurable goals for the marketing communications campaign, such as increasing brand awareness or driving sales. In summary, while all of these steps are important components of the IMC planning process, the analysis of the company's context is generally considered to be the first and most foundational step in the process.
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What is the education level of a majority of the Power, Structural, and Technical Systems workers?
Answer:
bachelor’s degree or apprenticeship
Explanation:
Given that Power, Structural, and Technical Systems workers require the knowledge of engineering, hydraulics, pneumatics, electronics, power, structures, and controls to the field of agriculture to become successful in the field. The majority of the workers in this field possess bachelor's degrees.
However, given that the role involves practical and on the job experience, some of them start as an apprentice right as High school leavers or Diploma.
Hence, in this case, the correct answer is "bachelor’s degree or apprenticeship"
Why can’t a guy just love me, I would give him cuddles , kissed in the forehead , call him baby/ sunshine , let him use my thighs as pillows LOL ( don’t ask ) would play video games with him 24/7 , go to theme parks and have so much fun! I only wish it was real :(
Answer:
Dont rush anything!
Explanation:
The person who is meant for you will come soon :)
Type the correct answer in the box. Spell all words correctly.
What designation would you hold if you have the most common designation in the accounting field, which is also considered the backbone of
the accounting function?
You would hold a
designation if you have the most common designation in the accounting field.
The most common designation in Accounting which is the backbone of the accounting field is Chartered./ Certified Accountant.
Who is a Chartered/ Certified Accountant?A Chartered Accountant is one who has passed the rigorous tests required to become fully certified in the accounting profession.
Due to their immense knowledge and training, they are the backbone of the accounting profession and are the most common type of accountants you will find.
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A person has income $1000 for goods F and S. The price of F is $4, and the price of S is $200. Which of the following bundles is in the opportunity/budget set (i.e., attainable)?
Select one:
a.
150 units of food, 3 units of shelter
b.
100 units of food, 10 units of shelter
c.
200 units of food, 2 units of shelter
d.
200 units of food, 1 unit of shelter
e.
250 units of F and 1 unit of shelter
The bundle that is attainable is option e. 250 units of F and 1 unit of shelter.
Option e is the only bundle that falls within the person's budget constraint. The person has an income of $1000, and the price of F is $4. Therefore, the person can afford a maximum of $1000/$4 = 250 units of F. Additionally, the person can afford 1 unit of shelter since its price is $200, which is within their budget.
Option a is not attainable because the person cannot afford 150 units of food and 3 units of shelter within their budget. Option b is also not attainable because the person cannot afford 100 units of food and 10 units of shelter. Option c exceeds the person's budget since they cannot afford 200 units of food and 2 units of shelter. Option d also exceeds the budget as the person cannot afford 200 units of food and 1 unit of shelter.
Therefore, the only option that falls within the person's budget constraint and is attainable is e. They can purchase 250 units of F and 1 unit of shelter.
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maximizing owners' equity value means carefully considering all of the following except _______.
The term "maximizing owners' equity" refers to the goal of increasing the value of equity or ownership interest in a business or organization.
It involves taking actions and making decisions that enhance the financial position and worth of the owners' stake in the company.
This can be achieved through various strategies such as increasing revenues, managing costs, improving operational efficiency, optimizing capital structure, and generating higher profits.
Ultimately, the aim is to maximize the value and returns for the owners or shareholders of the business.
In order to maximize owners' equity value, it is important to carefully consider factors such as financial performance, profitability, revenue growth, cost management, capital structure, and other relevant metrics that contribute to the overall value of the owners' equity.
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Horizontal, vertical, and related acquisitions to build market power: Group of answer choices are likely to undergo regulatory review by various governmental entities. are rarely permitted to occur across international borders. concentrate on capturing value at more than one stage in the value chain. typically involve a firm purchasing one of its suppliers or distributors.
Answer:
likely to undergo regulatory review by various governmental entities.
Explanation:
A horizontal acquisition refers to the business strategy where the one company could take the other company that operates at the similar level while on the other hand the vertical integration is the integration where the business operation could be acquired with the similar kind of production
So these types of acquisition should established the market power through which the regulatory review could be undergone via a different government entities
a rapidly ______ gdp indicates and ______ economy with ample opportunity for a firm to _____ sales.
A rapidly growing GDP indicates a healthy and expanding economy with ample opportunities for a firm to increase sales. Rapid GDP growth can also lead to increased inflation and interest rates, which can negatively impact businesses and consumers alike.
A growing GDP means that the country's total output of goods and services is increasing, which typically leads to increased consumer spending and business investment. As consumer spending increases, firms have the potential to sell more goods and services, leading to increased sales revenue and profitability.
A growing GDP can also indicate a favorable business environment with low inflation, low unemployment, and stable economic conditions. This can create a positive environment for businesses to invest and expand, as well as attract foreign investment.
However, it's important to note that GDP growth alone does not necessarily guarantee a successful business venture. Other factors such as market competition, government regulations, and access to resources also play a significant role in a firm's success.
In summary, a rapidly growing GDP is generally a positive indicator of a healthy economy with opportunities for businesses to increase sales. However, businesses must also consider other factors such as market conditions and government regulations when making strategic decisions.
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Which steps are parts of doing a cost benefit analysis check all that apply: predicting costs, identifying outcomes, comparing costs, calculating cost, or delaying decisions
Answer:
Identifying Outcomes
Comparing Costs
Calculating Costs
Explanation:
Cost benefit analysis is a method which is used in decision making process to identify the best option available in financial terms. It helps in finacial value of any decision by considering its posssible expenses and advantages. The first step involved is to identify the outcome in financial value which is the consideration of cash outflow and inflow. The second step is to calculating the cost of options available. Now the third and last step is to comparing the results and opting the option with most benefits.
Answer:
Identifying Outcomes
Comparing Costs
Calculating Costs
Explanation:
Just the test
Using technology, determine the present value given that you make semi-annual payments of $2,527 at 6.1% compouded semi-annually over a 6 year period. round your answer to the nearest cent. a. $25,078.86 b. $25,146.48 c. $20,963.57 d. $21,070.31
The present value would be $21070.31. Semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period, means, payment is made semi annually that is two times in a year.
How to calculate?Given that,
semi-annual payments of $2,527 at 6.1% compounded semi-annually over a 6 year period.
It means, payment is made semi annually that is two times (twice) in a year.
Payment made = $2527.
Interest rate =6.1%
Hence, compounded semi annually = 0.061
Time duration = 6 years = 6 × 2 = 12 (two times)
Using Formula: P = A * i / 1 - (1 + i)-t
Therefore,
Where,
A = amount to pay
P = payment made
t = time duration
i = interest rate
By placing given values in the formula, we obtain,
A=21070.306476
Hence, the present value is $21070.31
How many semi-annual payments?Employers who choose this schedule can choose to pay the employee either on the 1st and 15th of the month, or on the 16th and the last day of the month. A half-month salary has 24 payment periods and is most commonly used by office workers.
What date is semi annual?Semi-annual dates mean June 30th and December 31st of each year.
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Answer:D
Explanation:
edge
What negative consequences might a company face if it fails to keep accurate financial records?
There are a number of different ethical issues you could discuss with your employees. What topics would serve as a good basis for the beginning of the course?
replying to what you think about this
1
The difference between leader and manager is shown in the names themselves. A manager is someone who sees what needs to be done and hands out responsibilities to their employees. A leader is someone who sees those same things and teaches or even does the task with their employees to make sure that they are learning the correct way. A manager is looking at the improvement of the business alone whereas leaders look at the improvement of the people as well.
One of the most important values as a leader is the ability to teach. If you are in a position that gives you people that you are in charge of you have a responsibility to those people. You can go to school and learn the basics of just about anything. However, almost all jobs or positions are best learned by hands on learning. That is the leader's job to teach what they know and hand down knowledge to the next generation.
I have been in management positions before. It is staggering sometimes to know that you have a team of people counting on you to guide them. I am usually a very hands-on leader. Before the day starts as I am handing out responsibilities I give myself a few tasks to do as well. This lightens the load on my employees and also shows that I am not giving them something that I would not do myself. After I finish a task I usually go around to my employees, watch what they are doing and how they are handling their tasks. If I see someone doing something in a way I would not I stop them and ask why they chose to do it that way and offer the way I would do it and see if that helps them or hurts them. This way, we both learn.
2
The difference between a leader and a manager is the outcome or vision. A leader will provide a sense of priority and guidance to others. Leaders are role models who genuinely contribute to the well-being of the situation. A manager is someone who manages and is there to foresee the overall production. The manager is more in charge of supervising to ensure the business goals are met.
The most important values of a leader are kindness, integrity, accountability, someone who is caring and passionate, and goal-oriented. It is important to have a leader with substance. Someone who is genuine and exemplifies the want to see others as well as the business excel.
I strive to be a leader who cares about the overall growth of my followers and business. A leader is more like a mentor. There are some people who help but don’t want to help as much to have others better than them. I am a genuine person who is all about the success of others. I am a nurturer by nature and thrive from seeing others succeed. I was trained as a shift leader at a beginner’s age, and with the values from my upbringing, I prefer the role of a leader. I am always open to being better and learning.
Managing can be difficult. Working with several personalities may require the manager to be understanding and open to learning about each personality. Everyone is not the same but there are ways to deal accordingly. I will remain positive as a manager and not down-talk anyone. Not only provide others with instructions but also lead by example.
The first passage emphasizes that a leader actively participates in tasks, teaches and guides employees, and focuses on both business improvement and leadership , while the second passage highlights a manager's role in overseeing production and achieving business goals, with a focus on supervision and priority setting.
How do the two perspectives described in the passages differentiate between a leader and a manager?The two passages provide different perspectives on the difference between a leader and a manager. In the first passage, the focus is on the actions and responsibilities of a leader and a manager. It suggests that while a manager delegates tasks to employees, a leader goes beyond that by actively teaching and even participating in tasks to ensure the correct approach and promote learning. The passage also highlights the leader's concern for the improvement of both the business and the people involved.
In the second passage, the emphasis is on the outcomes and qualities of a leader and a manager. It suggests that a leader provides guidance, prioritizes effectively, and contributes to the well-being of the situation, acting as a role model. On the other hand, a manager's role is described as overseeing production and ensuring the achievement of business goals through supervision.
Overall, both passages highlight the importance of leadership qualities such as teaching, caring, integrity, accountability, and goal-orientation. They also acknowledge the challenges of managing diverse personalities and stress the significance of leading by example.
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The shear strength of each of ten test spot welds is determined, yielding the following data (in psi): 392,376,401,367,389,362,409,415,358,375 Assuming that shear strength is normally distributed N(μ,σ 2
), estimate the true average shear strength μ and standard deviation σ of shear strength using the method of maximum likelihood. You may use the following R code to get data: x<−c(392,376,401,367,389,362,409,415,358,375)
The estimated true average shear strength μ and standard deviation σ can be obtained using the method of maximum likelihood. Given the data x = {392, 376, 401, 367, 389, 362, 409, 415, 358, 375}, we can calculate the maximum likelihood estimates for μ and σ based on the assumption of a normal distribution.
To estimate μ and σ using maximum likelihood, we assume that the observed shear strengths follow a normal distribution with parameters μ and σ. The likelihood function is constructed by multiplying the probabilities of observing each data point given the assumed distribution. Taking the logarithm of the likelihood function allows us to simplify the calculations and find the maximum likelihood estimates.
By maximizing the log-likelihood function, we can determine the values of μ and σ that maximize the likelihood of observing the given data. This can be done using numerical optimization techniques or by taking the derivatives of the log-likelihood function with respect to μ and σ and solving for their respective maximum likelihood estimates.
Once the maximum likelihood estimates for μ and σ are obtained, they provide estimates of the true average shear strength and standard deviation for the population of spot welds.
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kama bought 20 shares, each costing $750. she decides to resell her shares for $17,250. she pays 16% commission. calculate kama's income after selling her shares.
Kama's income after selling her shares, taking into account the 16% commission she paid, is $14,490.
To calculate Kama's income, we first need to calculate the total cost of the shares she bought, which is 20 x $750 = $15,000. When she sold her shares, she received $17,250, but she had to pay a commission of 16% of that amount, which is 0.16 x $17,250 = $2,760.
So her income after selling her shares is the difference between the amount she received and the commission she paid, which is $17,250 - $2,760 = $14,490.
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Answer:
-510
Explanation:
Base on the data set,
What would be a car's MPG at average values of the inputs? (upto two decimal points)
Please show steps, I was unable to show the full dataset
The average values of the inputs using 1. Organize the data, the average values of the inputs, the relationship, the average input value.
Since you were unable to provide the full dataset, I cannot give you a specific answer. However, I can guide you through the steps on how to calculate a car's MPG (miles per gallon) at the average values of the inputs using the given data:
1. Organize the data: Make sure your data set contains information about each car's inputs (e.g., engine size, weight, fuel type) and their corresponding MPG values.
2. Calculate the average values of the inputs: Add up all the values for each input and divide by the total number of data points (cars) to find the average value for each input.
3. Determine the relationship: Analyze the data to find a relationship between the inputs and MPG. This can be done using methods like regression analysis or other statistical techniques.
4. Plug in the average input values: Using the relationship you found in step 3, plug in the average input values to find the estimated MPG for a car with those average values.
5. Round your result: Round your calculated MPG value to two decimal points as requested.
Please note that without the specific dataset and information about the inputs, I cannot provide an exact answer. However, I hope this helps guide you in the process of finding the desired value!
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two rivers that helped China develop
primero el rio Amarillo (Huang He) en el norte, y más tarde el Yangtze en el sur.
Help me please ASAP.
your answer is D because i took the test a couple of days back
Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Medicares Inpatient Prospective Payment System has approximately ____ MS-DRGs
745
845
645.
The Medicare Inpatient Prospective Payment System (IPPS) is a payment system used by the Centers for Medicare and Medicaid Services (CMS) to reimburse hospitals for inpatient services provided to Medicare beneficiaries.
Here is correct answer 7,458 MS-DRGs
It uses a system of diagnosis-related groups (DRGs) to classify inpatient services into categories and determine the amount of reimbursement for each service.
There are currently 7,458 MS-DRGs in the IPPS system. Each MS-DRG is assigned a weight, which is used to determine the amount of reimbursement from CMS. The weight is based on the costs associated with treating the condition, taking into account the intensity of resources used, the length of stay and the severity of the illness. In addition, the IPPS system includes an outlier payment system, which provides additional reimbursement for cases that are unusually costly.
Overall, the IPPS system ensures that hospitals are reimbursed for the costs associated with providing care to Medicare beneficiaries. The system also helps to ensure that all hospitals are paid fairly by taking into account the costs associated with treating various patients with different conditions and lengths of stay.
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round to the nearest thousand . 7665
Answer:
8,000
Explanation:
Hope it helped!
Answer:
8000
Explanation: add 1 when you see 6-10 in rounding off questions.
If the market value of property is $284,500 and the assessment ratio is 35%, what are the monthly taxes if the tax rate is 30 mills?
With a property market value of $284,500 and an assessment ratio of 35%, the monthly taxes would amount to approximately $248.94, assuming a tax rate of 30 mills.
To calculate the monthly taxes, we need to find the assessed value of the property first. The assessed value is calculated by multiplying the market value by the assessment ratio. Assessed value = Market value * Assessment ratio
Assessed value = $284,500 * 0.35 = $99,575
Next, we need to calculate the annual taxes by multiplying the assessed value by the tax rate.Annual taxes = Assessed value * Tax rate
Annual taxes = $99,575 * (30 mills / 1000) = $2,987.25
Finally, we can calculate the monthly taxes by dividing the annual taxes by 12.Monthly taxes = Annual taxes / 12
Monthly taxes = $2,987.25 / 12 = $248.94 (rounded to the nearest cent)
Therefore, the monthly taxes for the property would be approximately $248.94.
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Write in short about medical occupation. Enlist its importance.
Answer:
Medical Occupations provides an introduction and broad exploration into several careers within the medical field including: Medical Assisting, Emergency Medicine, Veterinary Medicine, Dental Assisting/Hygienist, Geriatric Assistant, Pharmacy Technician, Physical Therapy, Surgical Technician and Nursing.
Explanation:
its importance are: The main focus of occupational health include promotion and maintenance of working capacity and employee health; improvement of working environment; development of work cultures and organizations to support health and safety; promotion of positive social climate and smooth operation; enhanced productivity of the ..
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