The insurance provider has 15 days from the time you make your claim to acknowledge the investigation and seek supporting paperwork.
The majority of the time, your insurance provider must decide whether to accept or reject your claim within 15 days of the day it gets the necessary paperwork. When a claim is submitted, insurance companies in Texas have 35 business days to resolve it.
Texas insurance firms are likewise subject to strict deadlines for acknowledging claims, deciding whether to accept them, and then disbursing the whole payment. 90 Days - Unless uncontrollable circumstances prevent it, your insurer must finish its claim investigation within 90 days of receiving the claim. In such case, the claim must be paid or refused within 15 days.
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the key factor that makes technology leadership attractive for some companies is the potential for
The key factor that makes technology leadership attractive for some companies is the potential for innovation and market dominance.
Innovation: Technology leadership allows companies to stay at the forefront of innovation. By investing in and adopting new technologies, companies can develop cutting-edge products and services, improve operational efficiency, and create a competitive advantage in the market. Being a technology leader enables companies to drive industry trends and shape the future of their respective sectors.
Market Dominance: Technology leaders often enjoy a dominant position in the market. By offering innovative solutions that address customer needs, companies can capture a significant market share and establish themselves as industry leaders. This dominance can lead to increased revenue, profitability, and sustainability in the long term.
Competitive Edge: Technology leadership provides companies with a competitive edge over their rivals. By leveraging advanced technologies, companies can differentiate themselves from competitors, attract customers with unique offerings, and create barriers to entry for new players. This advantage allows companies to maintain their market position and fend off competition.
Customer Attraction and Retention: Being a technology leader can attract customers who are seeking the latest and most advanced solutions. Customers are often drawn to companies that are known for their technological expertise and innovation. Additionally, technology leaders can build strong relationships with their customers by continuously providing new and improved products, services, and experiences.
Therefore, the potential for innovation, market dominance, competitive edge, and customer attraction and retention are key factors that make technology leadership attractive for companies. It allows them to stay ahead of the curve, gain a competitive advantage, and establish themselves as leaders in their respective industries.
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Identify each statement as either true or false. In the United States, banks keep the entire value of all customer deposits in the bank vault to meet customer withdrawals. Banks typically loan out a portion of customer deposits. Bank runs occur when many customers attempt to withdraw deposits from a bank at the same time and the bank is unable to pay all customer withdrawals. The Federal Deposit Insurance Corporation (FDIC) protects bank depositors from bank failure. The fractional reserve banking system requires all banks to keep the total value of customer deposits in their vaults to prevent bank runs.
Answer:
false
true
true
true
false
Explanation:
Fractional banking is a banking system where a portion of customer's deposits is kept as reserves while remaining portion is lent out. The amount kept as reserves is determined by the required reserve ratio set by the Central bank.
If the required reserve ratio is 10% and $100 is deposited, reserves would be $10 and $90 would be lent out
Fractional banking is practiced in the US
Bank run is when depositors withdraw their monies from the bank due to fear of the bank failing.
The Federal Deposit Insurance Corporation (FDIC) was established after the great depression. Bank run was attributed to be one of the causes of the great depression. The FDIC increases confidence of depositors in banks because they insure the deposit of bank customers. In the case a bank fails, customers are assured that they would not lose their monies deposited
question modemultiple choice questionwhich component of the marketing plan allows a company to understand information about its current business and then make strategic decisions about how to best move forward?multiple choice question.executive summaryfinancialsfeedbackmission statementsituation analysis
Product, pricing, promotion, and site are the four primary themes included in the marketing section of a company strategy.
The four Ps are a "marketing mix" that includes four crucial elements for selling a good or service: product, pricing, place, and promotion. When businesses create marketing plans and strategies to reach their target audience, they frequently consider the four Ps.
The marketing plan outlines the approach a company will take to advertise its items to customers. The strategy identifies the target market, the value proposition of the brand or product, the campaigns to be launched, and the metrics to be used to assess the performance of marketing initiatives.
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Whispering Winds Corp. has 8,700 shares of common stock outstanding. It declares a $4 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31. Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend.
On November 1, Whispering Winds Corp. would record the declaration of the cash dividend by debiting retained earnings for $34,800 (8,700 shares x $4 per share) and crediting dividends payable for the same amount. This entry recognizes the liability to pay the dividend to stockholders of record on December 1.
On December 31, Whispering Winds Corp. would record the payment of the cash dividend by debiting dividends payable for $34,800 and crediting cash for the same amount. This entry recognizes the reduction in the liability to pay the dividend as it is paid out to stockholders.
On November 1, Whispering Winds Corp. would record the declaration of the cash dividend by debiting retained earnings for $34,800 (8,700 shares x $4 per share) and crediting dividends payable for the same amount. This entry recognizes the liability to pay the dividend to stockholders of record on December 1.
On December 31, Whispering Winds Corp. would record the payment of the cash dividend by debiting dividends payable for $34,800 and crediting cash for the same amount. This entry recognizes the reduction in the liability to pay the dividend as it is paid out to stockholders.
It's important to note that only stockholders of record on December 1 would be eligible to receive the cash dividend. Any shares bought or sold after this date would not receive the dividend. Also, the declaration and payment of the dividend would have no effect on the number of outstanding shares or the par value of the common stock.
Overall, Whispering Winds Corp. would have a total cash outflow of $34,800 to pay the cash dividend to its shareholders.
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the leadership style that involves employees in the making of important decisions is:
The leadership style that involves employees in the making of important decisions is known as the Participative Leadership style.
In this leadership style, the leader of a team takes input from subordinates before making an important decision. It is also known as the democratic style of leadership, which is based on mutual respect among team members. The main objective of this leadership style is to promote teamwork, creativity, and innovation in the workplace.
This leadership style includes four decision-making processes: Consultative, Democratic, Consensus, and Delegative. Participative leaders promote a supportive work environment where individuals are recognized for their hard work, dedication, and commitment.
In conclusion, the Participative Leadership style can increase employee satisfaction, commitment, and motivation.
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The ________ role involves managers making decisions about who gets what, how much, when, and why.
The Resource Allocator role involves managers making decisions about who gets what, how much, when, and why.
Who is a Resource Allocator?The practise of assigning and managing resources in a way that meets an organization's strategic planning objectives is known as resource allocation. Allocating resources involves managing hard assets like hardware to maximize the usage of soft assets like human capital. The distribution of resources is primarily divided into two categories: continuous and one-time. Resources can be distributed in the context of an entire economy using a variety of mechanisms, such as markets or planning. The practice of assigning and managing resources in a way that meets an organization's strategic planning objectives is known as resource allocation. Resource management comprises controlling hard assets like hardware to maximize the utilization of soft assets like human capital.
Hence, The Resource Allocator role involves managers making decisions about who gets what, how much, when, and why.
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When demand and production increase, what usually decreases?
Answer:
Price usually decreases
Explanation: When a product’s demand and production increase, PRICE usually decreases.
Answer:
Prices
Explanation:
Take the example of Apple. If Apple was to lower the price of the iPhone 11 to 300 dollars then there would be way more people buying the iPhone. Demand went up because prices went down
A decrease in the money supply is likely to cause a(n) ______ in interest rates, and subsequent ______ in investments and aggregate demand.
A decrease in the money supply is likely to cause a(n) increase in interest rates, and subsequent decrease in investments and aggregate demand.
What are the effect of decrease in money supply?When there is a reduction in flow of money it affect the business as well as countries economy such that interest rate are increase to meet up necessary country obligations and enhance money supply within the economy.
These affect individuals demand because more interest rate leads to a reduction in money at hand and how much an individual have to spend.,,
Therefore, A decrease in the money supply is likely to cause a(n) increase in interest rates, and subsequent decrease in investments and aggregate demand.
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The Farmers' Alliance was originally formed to a break the economic grip of the railroads through farmers' cooperatives. b join poor black and white farmers in a political alliance to advance their similar economic interests. c drive up farm prices by reducing crop production. d undermine eastern bankers by providing low-cost loans to farmers. e advance agriculturally useful education in state land-grant colleges
Answer:
a. break the economic grip of the railroads through farmers' cooperatives.
Explanation:
Farmers' Alliance was an American agrarian economic movement created by the farmers living and farming in the United States of America during the 1870s and 1880s. The Farmers' Alliance was aimed and focused on improving the economic conditions for all American farmers to grow, develop and flourish excellently through the establishment of cooperatives and political advocacy groups.
Furthermore, the Farmers' Alliance believed majority of the economic problem and challenges was caused by industrial monopolies, eastern bank and railroads.
Hence, the Farmers' Alliance was originally formed in order to break the economic grip considered to be caused by the railroads, through the establishment of farmers' cooperatives.
Money serves as a
measure of
of exchange, is a store of value, and serves a a measure of
Answer:
Medium of exchange
Store of value
Measure of value
Standard of deferred payments
Explanation:
The unadjusted trial balance of Sheridan Exposure Inc. had these balances for the following select accounts: Supplies $3,162, Uneared Service Revenue $8,364, and Prepaid Rent $1,224. At the end of the period 1. A count showed $510 of supplies on hand, 2. Services of $2,958 had been performed related to the unearned revenue account. 3. One month's worth of rent, worth $408, had been consumed by Sheridan Exposure. Record the required adjusting entries related to these events. (Credit account titles are automatically indented when the amount is entered Do not indent manually)
Date Account Titles and Explanation Debit Credit
Recorded the adjusting entries related to these events in tabular form:
Date Account Title and Explanation Debit Credit
January 31st (end of the month) Supplies Expense $2,652 (Credit)
January 31st (end of the month) Service Revenue $5,406 (Credit)
January 31st (end of the month) Rent Expense $408 (Debit)
Further details about the data:
1. Date Account:
Assuming the adjusting entries are being made at the end of the month, let's say the date is January 31st.
2. Titles and Explanation:
Adjusting entries for supplies, unearned service revenue, and prepaid rent.
a) Supplies Expense: To record the adjustment for supplies on hand at the end of the period.
b) Service Revenue: To record the revenue earned for services related to the unearned service revenue.
c) Rent Expense: To record the rent expense for one month's worth of rent consumed.
3. Debit Credit:
Adjusting entries for supplies, unearned service revenue, and prepaid rent.
a) Supplies Expense: Supplies on hand at the end of the period: $3,162 - $510 = (Credit) $2,652
b) Service Revenue: Unearned service revenue earned: $8,364 - $2,958 = (Credit) $5,406
c) Rent Expense: Rent consumed for one month = (Debit) $408
Note: The debit and credit amounts may vary depending on the specific accounts and their balances in the unadjusted trial balance. It is important to refer to the actual account balances and financial transactions of Sheridan Exposure Inc. to accurately record the adjusting entries.
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Specialization can help a countrys evonomy by?
Answer:
cumc7 k cgujmcyvuumvcuimbcghikmvcchimnvcikmvvhhjknnccyu I mcumcukgggbhhgfff
What are the other options to insurance
Select all that apply.
Signs that a listener is paying attention include:
giving advice
facing speaker
telling a similar story
maintaining eye contact
Answer:
facing the speaker and maintaining eye contact
Answer:
1. giving advice
2. facing speaker
3. telling a similar story
4. maintaining eye contact
Explanation:
Edge 2021-2022 :)
resources tend to be allocated inefficiently when goods
Answer:
when good are free of charge
Explanation:
If $500 is placed in a savings account paying 10 percent per year compounded annually, what will the account balance be at the end of the year?
a.$550
b.552.36
c.$505
d.$600
Answer:
b
Explanation:
hope this helps you out
Your company is looking at purchasing a front-end loader and has narrowed the choice down totwo loaders. Loader 1 costs $150,000 with a useful life of seven years with a salvage value of
$10,000 at the end of the seventh year. Loader 2 costs $110,000 with a useful life of five years
with a salvage value of $10,000 at the end of the fifth year. The annual profit for either one is
$20,000. Using a MARR of 20%, which alternative should your company buy?
Based on the provided information and a minimum attractive rate of return (MARR) of 20%, the company should choose Loader 1 over Loader 2 for purchase.
To determine the better option, we need to calculate the present worth (PW) of each loader and compare them. Loader 1 has a useful life of seven years, and Loader 2 has a useful life of five years.
Both loaders have a salvage value of $10,000 at the end of their respective lifespans.
For Loader 1, the initial cost is $150,000, and the annual profit is $20,000.
Using the MARR of 20%, we can calculate the annual equivalent worth (AE) of the annual profit using the formula AE = (Annual Profit - Salvage Value) / (1 + MARR)^n, where n is the number of years. Substituting the values, AE1 = ($20,000 - $10,000) / \((1 + 0.20)^7\)= $9,090.91.
For Loader 2, the initial cost is $110,000, and the annual profit is also $20,000. Similarly, calculating the AE, we get AE2 = ($20,000 - $10,000) / (1 + 0.20)^5 = $10,909.09.
To find the PW, we multiply the AE by the appropriate factor: PW = AE * (1 + MARR)^n. For Loader 1, PW1 = \($9,090.91 * (1 + 0.20)^7\) = $53,527.19. For Loader 2, PW2 = $10,909.09 * (1 + 0.20)^5 = $55,114.80.
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Does each of the following government activities promote competition or limit monopoly power by regulating markets?a. Limiting content on public airwavesb. Directing local cable companies to reduce Internet fees for rural consumersc. Forcing a municipal water company to limit rate increasesd. Preventing the merger of two pharmaceutical companiese. Breaking up Standard Oil into smaller companies
The government activities, based on whether they promote competition or limit monopoly power, are :
Actions that promote competition :
d. Preventing the merger of two pharmaceutical companiese. Breaking up Standard Oil into smaller companiesActions that regulate markets :
a. Limiting content on public airwavesb. Directing local cable companies to reduce Internet fees for rural consumersc. Forcing a municipal water company to limit rate increasesHow does the government control monopolies ?The government controls monopolies by either promoting competition or regulating the market. Promoting competition examples are breaking up monopolies like Standard Oil into smaller companies.
Regulating the market means passing laws such as limiting content on public airwaves and directing companies to reduce their fees.
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If an engine has a Base Timing of 10° BTDC, but is currently firing at 5°, which is it
Based on the principle of starting engine, the correct answer is turbocharged engine
Turbocharged engineStarting a turbocharged engine, the timing is reduced to compel the peak starting pressure later in the combustion stroke.In conclusion, we can conclude that the correct answer is turbocharged engine.
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27. Many organizations do not have a formal trouble reporting system. Why do you think this is the case?
Many organizations may not have a formal trouble reporting system for several reasons. One primary factor could be a lack of awareness regarding the benefits of such a system. Organizations might underestimate the importance of tracking and resolving issues in a systematic manner, which could lead to inefficiencies and dissatisfaction among employees and stakeholders.
Another reason could be the perceived complexity and cost associated with implementing a formal trouble reporting system. Organizations might assume that setting up such a system requires significant resources, both in terms of time and financial investment. This perception might discourage them from establishing a systematic approach to handling issues. Additionally, some organizations may rely on informal methods of reporting trouble, such as personal communication or ad hoc meetings, believing that these are sufficient for addressing problems. In reality, these methods may not be as effective as a formal system in terms of providing transparency, accountability, and traceability. Lastly, organizational culture and resistance to change could also play a role. Employees and management might be accustomed to existing processes and resistant to adopting new systems, especially if they believe that current methods are working well.
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how do you calculate a total including sales tax?
Answer:
Add the tax to the subtotal to calculate the total amount
Explanation:
Add the prices of items purchased to obtain a subtotal.
Multiply that subtotal by the tax rate to determine the tax.
Add the tax to the subtotal to calculate the total amount.
__
Example
Purchases total 6.95. The tax rate is 8.2%.
The tax due is ...
0.082 × 6.95 = 0.5699 rounds to 0.57.
The total amount due is ...
6.95 +0.57 = 7.52
_____
Comment on percent
The % (percent symbol) is a fancy shorthand way to write /100. That is, a tax rate of 8.2% means you multiply the pre-tax amount by 8.2/100 = 0.082.
To calculate the total amount including sales tax, follow these steps:
The Steps to followDetermine the sales tax rate (expressed as a percentage).
Multiply the sales tax rate by the original price to find the tax amount.
Add the tax amount to the original price to get the total amount, including sales tax.
Formula: Total = Original Price + (Original Price * Sales Tax Rate)
Example: If the original price is $50 and the sales tax rate is 10%, the total amount would be $55.
Remember, the sales tax rate may vary depending on the location and the type of product or service being taxed.
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A milestone occurring in which of these increments of time will be the farthest to the left on a timeline? 4 months 5 days 3 weeks 2 years
Answer:
A milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.
Explanation:
Here in the given options the increments of time are given.
Here, 3 years > 8 months > 12 weeks > 60 days.
Because, 3 years ≡ (3 × 365) days ≡ 1095 days
8 months ≡ (8 × 30) days ≡ 240 days
12 weeks ≡ (12 × 7) days ≡ 84 days.
Therefore, a milestone occurring in 3 years of increments of time will be the farthest to the right on a timeline.
Can someone please help me with this
Assignment 4R
(20 points)
Assignment 4R: Career Development
Instructions
Save this file in your course folder, and name it with Assignment, the assignment letter, the section number, and your first initial and last name. For example, Jessie Robinson's assignment 1R for Section 1 would be named Assignment1RJRobinson.
Type the answers to the assignment questions below. Use complete sentences unless the question says otherwise. You will have more than one day to complete an assignment. At the end of each day, be sure to save your progress.
Review Lesson 4 of the Course Overview for instructions about turning in your assignments.
Assignment Questions
In Section 4, you learned about career development. Now, you'll apply what you learned.
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 the What You Want from Your Life page. (1-3 sentences. 3.0 points)
TIP: Separately, you can write out a vision statement for yourself. Since it's personal, you don't have to turn in your vision statement, but you should turn in your answers to at least three of the questions about what you want from your life.
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.
Answer:
1. Describe an example of a task that it might make sense for a company to outsource. (1-2 sentences. 2.0 points)
Customer support, also known as phone support, is the best example of a task that makes a lot of sense to outsource in a corporation. Even if the costs can be large, there are several parts where hiring, having office space and training, and paying taxes on support representatives are not. It makes sense because it is the most effective way to outsource a business to provide a better service to the customer..2. Describe three things that you think are important for a company to include in its personnel policies. (1-3 sentences. 1.5 points)
Human resources professionals are responsible for keeping personnel policies for the organizations for which they operate up to date. These policies regulate how a company is run, from recruiting and firing to sexual harassment and other types of workplace discrimination.New workers are given personnel policies to study, and they are often asked to sign a statement stating that they have reviewed and understand the policies. Policies and processes differ from one organization to the next, but some elements are shared.3. Describe at least three pieces of information you would include when writing a job description. (1-3 sentences. 1.5 points)
Where they live, where they came from, and who to contact if anything bad happens are all mentioned under the heading details.Workplace Environment: Be aware of what is going on around you and ensure that it is secure for employees.They should have three or four skills: Being willing to complete the job that has been assigned to them.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)
I would recruit for attitude and then train for skills using employee referral systems. When it comes to hiring, the employees can be a reliable source of information. They have acquaintances and colleagues who work in the same area. Create a policy that allows employees to refer qualified applicants for open positions within the organization. Since skills can be learned, a smart recruiter can look for attitude when hiring workers. The best applicant should have a positive attitude about a job that requires the necessary skills, which is difficult to come by in most cases. As a recruiter, the approach to use here is to find someone who has a good attitude about a work advertisement.Kim is on a crew that sets up the equipment for a very popular musician. Before the concerts, she sets up lights, microphones, sound equipment, and video screens above the stage. After the concerts, she takes down the equipment Her job is best described as Sylvia sets up, runs, and maintains the equipment for a radio station. Her job is best described as Kenneth works in a small studio using technical equipment and computers. He edits television commercials. His job is best described as Jose works in a music studio operating the equipment for musicians to record their music before selling it to the public. He adjusts the equipment so the recordings have good, clear sound. His job is best described as
Answer:
B,C,C,A
Explanation:i did it on edge 2021
His job is best described as an Audio and video equipment technician. They manage the electrical machinery used to produce radio and television shows, concerts, sound recordings, and movies.
What does an audio technician do?Audio technicians sometimes referred to as sound technicians, set up sound and recording equipment, test it out, and make modifications to help with recordings and sound production. They typically work in radio, television, film, concert halls, and recording studios.
Technicians that work with audio and video equipment operate devices including mixing boards, microphones, and video screens. They capture conferences, sporting events, concerts, and meetings.
Establish, run, and maintain the electronic machinery required to collect, edit, and broadcast audio and video for radio or television programs. To control sound volume, signal strength, and signal clarity in incoming and outgoing broadcast signals, make appropriate adjustments.
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The combination of the purchase price of a good and additional costs incurred before or after product delivery can be referred to as:
In conclusion, TCO is a comprehensive measure that considers both the purchase price and the additional costs associated with a product throughout its lifecycle. It helps individuals and businesses make informed decisions by providing a more realistic picture of the overall financial impact of their purchases.
The combination of the purchase price of a good and additional costs incurred before or after product delivery can be referred to as the total cost of ownership (TCO). TCO takes into account not only the initial price of the product but also any expenses associated with its acquisition, operation, maintenance, and disposal over its entire lifespan.
For example, let's say you're considering purchasing a car. The purchase price of the car itself is one component of TCO, but you should also consider additional costs such as insurance, fuel, maintenance, repairs, and depreciation. These additional costs, when combined with the purchase price, give you a more accurate understanding of the total cost of owning and using the car over time.
In conclusion, TCO is a comprehensive measure that considers both the purchase price and the additional costs associated with a product throughout its lifecycle. It helps individuals and businesses make informed decisions by providing a more realistic picture of the overall financial impact of their purchases.
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what is the book of first entry
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
Market share can be measured as the ratio of a firm's Blank______ compared to those of the total industry.
Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
What is market share?Market share is used to measure the total amount of sales in a company.
The sale's in measured in percentage and the production also can be measured with it.
Therefore, Market share can be measured as the ratio of a firm's Blank production compared to those of the total industry.
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some countries rigorously enforce employee secrecy agreements in order to . group of answer choices avoid litigation between competing firms protect a firm's intellectual property
Some countries have strict laws and regulations in place that require companies to enforce these agreements to protect their intellectual property and avoid litigation between competing firms.
Employee secrecy agreements are legally binding documents that prevent employees from sharing or disclosing confidential information about their employer or their work.
However, there are several other reasons why companies might require employees to sign secrecy agreements. One common reason is to protect trade secrets, such as customer lists, business strategies, and other proprietary information that gives the company a competitive advantage in the marketplace.
By requiring employees to keep this information confidential, companies can prevent competitors from gaining access to valuable business insights. Another reason why companies enforce employee secrecy agreements is to protect their brand reputation.
For example, if a company is working on a new product or service that is not yet available to the public, leaking this information to the media or competitors could damage the company's reputation and hurt sales. By requiring employees to keep this information confidential, companies can control the narrative around their products and services and ensure that they are released to the public in a way that maximizes their impact.
Employee secrecy agreements can also be used to protect sensitive personal information about employees or customers, such as social security numbers, financial information, and health records. By requiring employees to keep this information confidential, companies can ensure that they are complying with privacy laws and regulations and avoiding costly legal penalties.
As such, some countries rigorously enforce employee secrecy agreements in order to protect a firm's intellectual property, prevent litigation between competing firms, and protect sensitive personal information about employees or customers.
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what is a disadvantage of straight commission plans?select one:a.salespeople spend too much time on servicing.b.payments are complicated to calculate.c.salespeople neglect selling hard-to-sell products.d.the company's fixed sales costs are proportionately high.
A disadvantage of straight commission plans is that salespeople may neglect selling hard-to-sell products.
In a straight commission plan, salespeople are paid a percentage of the sales they generate. While this can be a powerful motivator to sell more, it can also create an incentive for salespeople to focus only on products that are easy to sell and that offer a high commission rate.
This can lead to neglect of products that are more difficult to sell or that offer a lower commission rate, even if those products may be important for the company's overall sales goals.
The other options presented are not necessarily disadvantages of straight commission plans. Salespeople spending too much time on servicing may be an issue with any sales plan, not just commission-based plans. Payments being complicated to calculate can be a challenge, but this is often addressed through clear guidelines and effective tracking systems. High fixed sales costs may be a disadvantage of any sales plan, but it is not specific to straight commission plans.
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What is one reason that could explain why some unethical behavior goes
unreported?
Answer:
Well some people may be threatened by the person who is engaging in unethical behavior or some are just timid and keep to themselves, and just tolerate the unethical behavior, in order to not create conflict or not make enemies within the workplace. But either way we should always report unethical behaviors if we witness it, because if you do not take action it can create an atmosphere where misconduct spreads like wildfire.