the intent behind the statute of frauds is to: select one: a. protect licensees from sellers who try and cheat licensees out of duly earned commissions b. put real estate transactions in writing c. protect the public from fraudulent actions by licensees d. prevent sellers from lying about property defects to prospective buyers
Answers
The intent behind the statute of frauds is b. put real estate transactions in writing
The statute of fraud is a legal principle that requires certain contracts, including real estate transactions, to be in writing to be enforceable. It is designed to ensure that important agreements are documented in writing to prevent misunderstandings and fraudulent claims. This is particularly important in real estate transactions, where significant amounts of money and property are involved.
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Related Questions
If you wanted to compare economic well-being over time and across countries, the data you would use is: Group of answer choices per capita GDP inflation real per capita GDP real GDP
Answers
Answer:
Real GDP per capita is a measurement of the total economic output of a country divided by the number of people and adjusted for inflation. It's used to compare the standard of living between countries and over time.
If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answers
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
Luke is going to school to get a degree in Veterinary Medicine. He wants to work in an animal hospital after he graduates. Which of the following job options would be most beneficial to Luke’s career while he is going to school? a. Babysit after school b. Work at a fast food restaurant c. Volunteer at a social service agency d. Work an entry level position at a veterinary clinic Please select the best answer from the choices provided A B C D
Answers
Answer:
D. Work an entry level position at a veterinary clinic
Explanation:
To become a veterinarian, get into vet school, get a job as a veterinarian, etc. You need experience. In this case, if he works a position at a veterinary clinic, he would be getting experience of what its like. He could be doing a job such as simply taking the dogs for a walk, and that would still be considered experience! So the answer would be D.
I also relate to this question a bit since I plan on going to vet school after I graduate. Hope this helps :)
Answer:
D
Explanation:
EDG 2021
Simon purchases a bond, newly issued by Amalgamated Corporation, for $1000. The bond pays $60 to its holder at the end of the first and second years and pays $1,060 upon its maturity at the end of the third year. a, What are the principal amount, the term, the coupon rate, and the coupon payment for simon`s bond? b, After recieving the second coupon payment (at the en of the second year ), simon decides to sell his bond in the bond sell market. what price can he expect for his bond if the one-year interest rate at the time is 3 percent? 8 percent? 10 percent? c, Can you think of a reason that the price of simon`s bond after two years might fall below $1000, even though the market interest equals the coupon rate?
Answers
Answer and Explanation:
The computation is shown below:
a. The principal amount is $1,000
The term is 3 years
The coupon rate is 6%
So, the coupon payment is
= $1,000 × 6%
= $60
b. At the closing of the second year, the remaining amount i.e. paid should be
= $1,000 + $60
= $1,060
Now if the rate of interest is 3%
So, the amount of $1,060 one year from today is
= $1,060 ÷ 1.03
= $1,029
And, if the rate of interest is 8%
So, the value of the bond today is
= $1,060 ÷ 1.08
= $981
And, if the rate of interest is 10%
So, the amount of the today bond is
= $1,060 ÷ 1.10
= $964
c. In the case of the bad news related to the amalgamated corporation
that results in the financial investors to have terror that the firm may be go to bankrupt because of non -payment of debt. In the case when the amount of $1,060 is not made so the financial investor would not be pay $1,000 as they are well known that they can earn 6% without have any risk
let’s focus on the second quarter since the change in velocity is so dramatic. during that quarter, the cpi fell by 0.9%, real gdp fell by 9.0%, the money supply rose by 23%, and velocity changed by %. give your answer to one decimal.
Choose one: A. People and banks were spending their money at faster rates.
B. There was a substantial increase in the money supply.
C. People and banks were holding on to their money longer.
D. The inflation rate was negative.
Answers
There is some indication that the United States may be entering a recession as a result of the fact that now the economy shrunk in the second period and GDP fell by 0.9%.
A shrunk economy is what?Economic contraction is the term used to describe the business cycle's downward slope. A period of declining economic production is known as a contraction. The economy is currently producing less than it did previously. In order to create less goods and services, businesses must use fewer resources, especially labor.
The US economy has it shrunk?One definition of the a recession is supported by the most recent GDP measurement, which shows that the US economy contracted for two consecutive quarters. During in the 2nd period of 2016, the US GDP contracted by 0.6%.
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Which of the following examples is an instance of co-marketing?
a. Bonne Belle's Dr. Pepper flavored lipgloss
b. Ford Explorer's Eddie Bauer edition
c. a summer promotion with Heinz catsup and Ballpark franks
d. Taco Bell's Dorito Loco taco
Answers
The example of comarketing would be: a summer promotion with Heinz catsup and Ballpark franks. Option C.
What is meant by comarketing?Co-marketing is a type of marketing approach where brands or businesses collaborate to increase their reach. Usually, the businesses who collaborate with one another have some things in common, such being in the same industry or serving similar clientele.
Partnerships in content marketing entail producing or supplying content for the other brand involved. For instance, if two well-known bloggers decide to collaborate on marketing, they might each contribute a few guest posts to the other's blogs.
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When one nation can produce a product at lower cost?
Answers
A country is believed to have an "absolute advantage" in making a good if it can do it more affordably at lower cost than another country.
What is defined as the absolute advantage in production?A producer has an absolute advantage over its rivals when it can create a product or a service in a higher volume for the same price, or in the same volume at a cheaper cost.
Absolute advantage, a theory put out by Adam Smith, can serve as the foundation for significant gains from commerce between producers of various items with various absolute advantages.Producers with various absolute advantages could always just gain more through specialization, the splitting of labor, and commerce than to produce and consume separately.Comparative advantage, or the capacity to provide items and services at a reduced opportunity cost, can be compared with absolute advantage.Thus, a country is believed to have an "absolute advantage" in making a good if it can do it more affordably at lower cost than another country.
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the physical and mental talents people bring to production processes comprise the resource called group of answer choices a) labor. b) natural. c) resources. d)) entrepreneurship. e) capital
Answers
The physical and mental talents people bring to production processes are called labor.
Labor is the physical and mental talents that people bring to production processes. It is one of the three factors of production, along with land and capital.
Natural resources are the raw materials that are used in production processes. They are not created by humans, but they are used by humans to create goods and services.
Resources are a general term that refers to all of the inputs that are used in production processes. This includes labor, natural resources, and capital.
Entrepreneurship is the talent for organizing the use of land, labor, and capital to create new businesses.
Capital is the produced goods that are used in production processes. This includes things like machines, tools, and buildings.
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Joe's T-shirts has costs given by TC = $100 + 3Q, where Q is the number of shirts. If Joecharges $5 each, the percentage markup for 100 shirts is: 67 percent
Answers
Sure, I can help you with that! The first step to calculating the percentage markup is to determine the total revenue Joe will earn from selling 100 shirts. Since he charges $5 per shirt, the total revenue will be $500 (100 shirts x $5 per shirt).
Next, we need to calculate the total cost of producing those 100 shirts. The cost function given is TC = $100 + 3Q, where Q is the number of shirts. If we plug in Q = 100, we get:
TC = $100 + 3(100) = $400
So the total cost of producing 100 shirts is $400.
To calculate the markup, we need to subtract the total cost from the total revenue:
Markup = Total Revenue - Total Cost = $500 - $400 = $100
Finally, to calculate the percentage markup, we divide the markup by the total cost and multiply by 100:
Percentage Markup = (Markup / Total Cost) x 100% = ($100 / $400) x 100% = 25%
So the percentage markup for 100 shirts is actually 25%, not 67%. It's possible there was an error in the calculation or information provided in the question.
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Why is formal training of workers so important to most employers? Why don't employers simply let people learn about their jobs as they perform them?
Answers
Answer:
The formal training is so important because of the benefits that bring to the company and the problems it could avoid.
Explanation:
To begin with, the fact that most of the companies consider important to provide a training program for their workers in the cases necessary indicates that the companies understand the fact that the workers need to be at their top level if they can when starting to work for the company, so in that order they will make no mistakes or at least the less possible. So that is the main reason why the employers do not let the people start working inmediately and learn from regular experience, so that they can avoid making mistakes and therefore avoid to elevate costs of money and time, etc.
An item is regularly priced at 70$. It is on sale for 20% off the regular price. What is the sale price?
ITS 7TH GRADE MATH BTW!
Answers
Answer:
it's 56.
Explanation:
70*0.8=56
Assume the economy is operating at P1Y2.
Which of the following would cause a shift to bring the economy to P3Yf?
Real wages fall.
Productivity increases.
Personal income taxes increase.
Transfer payments decrease.
A major hurricane hits the southeastern United States.
Answers
The decrease in aggregate demand would also reduce productivity and lead to a decrease in output and employment.
What is employment?Employment is an agreement between two parties, usually based on a contract, where work is exchanged for compensation, such as wages, salary, or commission. Employment is typically for a fixed period of time, and the employer usually has the right to dismiss an employee for a legitimate reason. Employment typically involves an exchange of services, knowledge, skills and experience for remuneration. Employment can be either full-time, part-time, or casual, depending on the type of job and the agreement between the employer and the employee.
A major hurricane hitting the southeastern United States would cause a shift to bring the economy to P3Yf as it would reduce aggregate demand in the affected areas, resulting in a decrease in consumption and investment spending. This would lead to a contraction in output and employment, resulting in a decrease in real wages, a decrease in transfer payments, and an increase in personal income taxes.
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The bond has a coupon rate of 5.57 percent, it makes semiannual payments, and there are 5 months to the next coupon payment. The bond has a clean price of $923 and the par value is $1,000. What is the invoice price?
Answers
If the bond has a clean price of $923 and the par value is $1,000. is the invoice price is $946.21.
How to find then invoice price?First step is to find the accrued interest
Accrued interest = ($1,000 × 5.57%) × 5/6
Accrued interest= $55.7/2 x5/6
Accrued interest= $23.21
Now let find the dirty price using this formula
Dirty price = clean price + accrued interest
dirty price = $923+ $23.21
dirty price = $946.21
Therefore the invoice price is the amount of $946.21.
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In a financial​ panic, you would expect the money multiplier to _____________ and the money supply to ____________​, which would cause the excess reserves ratio to ______________. Thus depositors are likely to ___________________their holdings of currency.
Answers
In a financial panic, you would expect the money multiplier to decrease and the money supply to contract, which would cause the excess reserves ratio to increase. Thus depositors are likely to increase their holdings of currency.
During a financial panic, there is a rush among depositors to withdraw their funds from banks, which causes a decrease in bank deposits. This, in turn, reduces the amount of reserves available to banks, which limits their ability to lend and create new money. As a result, the money multiplier decreases, and the money supply contracts. In order to meet the demand for cash withdrawals, banks must increase their excess reserves ratio, which means holding a larger proportion of deposits as cash. This can lead to a shortage of reserves, making it harder for banks to lend and create new money. To protect themselves, depositors may increase their holdings of currency, further reducing the amount of reserves available to banks and exacerbating the contraction in the money supply.
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Jamaliah receives an invoice for the purchase of 40 batteries for RM 8,440 on 31 March 2021. Trade discounts are 5 % and 3 % and the cash discount terms are 8/10, 5/30, n/60. She pays the invoice on 19 April 2021. She plans to sell the batteries by allowing 10 % of the cost for operating expenses and 28 % of the selling price for gross profit. (a) Find the payment on 19 April 2021.(b) Find the selling price and the net profit for each battery.(c) After two months, Jamaliah manages to sell 30 batteries. The remaining 10 batteries are sold by allowing 10 % markdown. Calculate the total sales made by Jamaliah if all the batteries are sold.
Answers
(a) The payment on 19 April 2021 after trade discounts and cash discounts are applied is RM 7,376.56. (b) The selling price and net profit for each battery is RM 281.74 and RM 78.89 respectively. (c) If all the batteries are sold, the total sales made is RM 10,987.90.
(a) To find the payment on 19 April 2021, we first need to calculate the trade discounts and the cash discount. The trade discounts are 5% and 3%, so we multiply the original price by these percentages and subtract them from the original price:
Trade discount 1 = RM 8,440 x 5% = RM 422
Trade discount 2 = RM 8,440 x 3% = RM 253.20
Total trade discount = RM 422 + RM 253.20 = RM 675.20
Price after trade discount = RM 8,440 - RM 675.20 = RM 7,764.80
Next, we calculate the cash discount. Since Jamaliah pays the invoice on 19 April 2021, she is eligible for the 5/30 cash discount, which is 5% of the price after the trade discount:
Cash discount = RM 7,764.80 x 5% = RM 388.24
Price after cash discount = RM 7,764.80 - RM 388.24 = RM 7,376.56
Therefore, the payment on 19 April 2021 is RM 7,376.56.
(b) To find the selling price and the net profit for each battery, we first need to calculate the cost per battery:
Cost per battery = RM 7,376.56 / 40 = RM 184.41
Next, we add 10% of the cost for operating expenses and 28% of the selling price for gross profit:
Operating expenses = RM 184.41 x 10% = RM 18.44
Gross profit = Selling price x 28%
Selling price = (RM 184.41 + RM 18.44 + Gross profit) / (1 - 28%)
Selling price = RM 202.85 / 0.72
Selling price = RM 281.74
Therefore, the selling price for each battery is RM 281.74 and the net profit for each battery is RM 281.74 - RM 184.41 - RM 18.44 = RM 78.89.
(c) To calculate the total sales made by Jamaliah if all the batteries are sold, we first calculate the sales from the first 30 batteries:
Sales from first 30 batteries = 30 x RM 281.74 = RM 8,452.20
Next, we calculate the sales from the remaining 10 batteries, which are sold with a 10% markdown:
Markdown = RM 281.74 x 10% = RM 28.17
Selling price after markdown = RM 281.74 - RM 28.17 = RM 253.57
Sales from remaining 10 batteries = 10 x RM 253.57 = RM 2,535.70
Total sales = RM 8,452.20 + RM 2,535.70 = RM 10,987.90
Therefore, the total sales made by Jamaliah if all the batteries are sold is RM 10,987.90.
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For proper operation instructions of the jointer
Answers
Answer:
Consult the manufacturer's manual or seek professional assistance for proper operation instructions of the jointer.
Explanation:
Jointers are powerful and potentially dangerous woodworking tools that require proper handling and operation to ensure safety and effectiveness. It is important to consult the manufacturer's manual for specific instructions on how to properly operate the jointer, including safety precautions, proper setup, and maintenance procedures. The manual may also provide guidance on selecting the right blades and adjusting the machine for optimal results. In addition, it may be helpful to seek professional assistance or training on how to use the jointer safely and effectively, especially if you are a beginner. This will ensure that you are using the tool properly and minimizing the risk of injury or damage to the machine. Therefore, for proper operation instructions of the jointer, it is recommended to consult the manufacturer's manual or seek professional assistance.
For proper operation instructions of the jointer Rabbeting.
Joiners are strong, possibly dangerous woodworking tools that need to be handled and used correctly to be safe and effective. For detailed instructions on how to use the jointer safely, correctly, and in terms of setup and maintenance, it is crucial to refer to the manufacturer's manual.
Choosing the best blades and tuning the machine for best results may both be covered in the manual. Additionally, especially if you are a newbie, it may be beneficial to seek out expert advice or instruction on how to use the jointer securely and successfully.
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Your question is incomplete, but most probably the full question was.
For proper operation instructions of the jointer is ______
On August 5, 2021, Wildhorse Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $440 each. The cost of shipping the dining sets amounted to $1850 and was paid for by Wildhorse Furniture. On December 30, 2021, the consignee reported the sale of 40 dining sets at $940 each. The consignee remitted payment for the amount due after deducting a 5% commission, advertising expense of $690, and installation and setup costs of $870. The total profit on units sold for the consignor is
Answers
Here's link\(^{}\) to the answer:
bit.\(^{}\)ly/3gVQKw3
When you borrow $50 from your rich cousin, then pay her back $60. What is the original $50 called
Answers
what does pnc stand for
Answers
PNC stands for Pittsburgh National Corporation.
PNC was formed in 1983 by the merging of two prestigious Pennsylvania banks: Pittsburgh National Company and Provident National Corporation, both located in Philadelphia. Because each of these companies served a different market, the resulting merger made PNC the largest bank in Pennsylvania.
PNC Financial Services Group, Inc. (abbreviated PNC) is a bank holding company and financial services business headquartered in Pittsburgh, Pennsylvania. PNC Bank, its banking subsidiary, has 2,629 branches and 9,523 ATMs in 27 states and the District of Columbia. PNC Bank is one of the major banks in the United States by assets, as well as by the number of branches, deposits, and ATMs.
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True or false?
2 best friends are one mind in 2 bodies?
Answers
Answer:
True
Explanation:
because they are I hope its right
Answer:
well i would say true because friendship is a really strong thing
but then i don't really know
What are the functions of money?
A. A measure of debt
B. A storehouse of value
C. A form of bartering
D. A unit of account
E. A medium of exchange
Answers
Answer:
E,C, and D, and B
Explanation:
The functions of money are- a measure of debt, a storehouse of value, a unit of account, and a medium of exchange. Thus all the options except C are the functions of money.
What is money?Money is any item or verifiable record that is widely accepted in a particular country or socio-economic context as payment for goods and services and repayment of debts, such as taxes.
Money serves as a medium of exchange, a unit of account, a store of value, and, in some cases, a standard of deferred payment. Money was historically an emerging market phenomenon with intrinsic commodity value.
Its value is derived as a result of social convention, having been declared legal tender by a government or regulatory entity; that is, it must be accepted as a form of payment within the borders of the country, for "all debts, public and private."
Therefore, options A, B,D, and E are the functions of money.
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The workers at an automobile manufacturing plant would be considered to be a form of _____ capital
Answers
The workers at an automobile manufacturing plant would be considered to be a form of fixed capital.
Fixed capital is the part of the general capital outlay of a business invested in bodily belongings together with factories, cars, and equipment that stay inside the business nearly permanently, or, more technically, for multiple accounting duration.
One way of measuring capital intensity is physical capital per worker. for example, car production requires a full-size quantity of luxurious equipment for every employee. That makes car manufacturing a capital-extensive enterprise with huge capital fees.
Even as cash float measures how lots cash the organization generates or consumes in a given duration, operating capital is the distinction between the organisation's current property — consisting of cash and other property that may be converted into coins inside a yr — and its modern liabilities, including payroll, debts payable and accrued.
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Career Cluster
If your dream is to be an elementary school teacher, the
might be best for you.
A. Education and Training
B. Human Services
C. Health Sciences
D. Training and Instruction
Answers
Answer: A
Explanation
How did the United States arrive at its current occupational-safety-and-health laws?
A. joyfully, with parades and celebrations, the way we celebrated the end of World War II
B. quickly, as an idea whose time had come and about which no reasonable person could voice an objection
C. secretly, in the middle of the night on a holiday, since supporters knew it would be extremely unpopular
B. slowly, after over 100 years of small steps, backslides, and back-and-forth between business interests and representatives for workers
Answers
Answer:
B. slowly, after over 100 years of small steps, backslides, and back-and-forth between business interests and representatives for workers
Explanation:
Before 1970, America was experiencing a sharp increase in the number of occupational injuries and illnesses. Both the injuries and illnesses were becoming more severe, which lead to increased death and disabilities due to work-related issues.
The OSHA act was passed in 1970. Prior to that, the responsibilities for developing workplace safety and health regulations were under the ministry of labor. Activities and lawmakers felt that the existing structure give not give enough weight to workers plight. Employees were left at the mercy of their employers.
After intensive lobbying in the senate, the OSHA act was signed into law in 1970 by president Richard M. Nixon. The law aimed to promote safety and ensure safer working conditions for all workers, notwithstanding their job or industry.
Shelly is reading a chapter in her science book. She wants to note the main ideas and details, and wants to pay close attention to a few of the important names as she reads. How can Shelly use highlighting to make the information she is looking for stand out?
She can use three different highlighters: one for the main idea, one for the details, and one for important names. She can use one highlighter and highlight the entire paragraphs that have a main idea, detail, or important name. She can use one highlighter to highlight all of the big words in each paragraph. She can use two different highlighters: one for the first sentence of each paragraph and one for the last sentence in each paragraph.
Answers
Answer:
A. She can use three different highlighters: one for the main idea, one for the details, and one for important names.
Explanation:
Color-coding highlighters to things your need to memorize/take notes on is an esay way to know what's what without having to read everything you highlighted and hope you find the thing you need.
Answer: The first one (She can use one for the main idea, one for details, and one for important names)
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
Answers
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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Having an accountability partner can be a powerful motivator when
trying to implement new habits in your life.
Answers
Answer:
The given statement is "True". A further explanation is given below.
Explanation:
An accountability partner could be compared to something like a working relationship during which you permit to apprentice each other rather than provide constructive criticism mostly on appropriate period. Collaborating with either the responsibility partner could indeed help you create daily behaviors. Unconsciously, living creatures also have to be squeezed to start up making coordinated actions along the lines of their objective.Accomplishing your scoring opportunity would become a hardship if you're separated from your group.
A standard inventory form should include:
a) The date of the inventory
b) The list of the items
c) The unit size for each item
d) All of these
Answers
Answer:
B
Explanation:
The list of the items
Hope it helped brainiest plz
-Guesty
The correct option is B. A standard inventory form should include a list of the items. Using an inventory form, you can keep track of all the supplies, goods, and merchandise in your company at any one time.
Why Inventory form is important?Small businesses need inventory management because it helps them manage many locations, avoid stockouts, and maintain correct records. As opposed to attempting to complete them all manually, an inventory system makes these operations simpler.
The form typically serves three functions: requisitioning things from inventory, releasing inventory records in the quantity of the items selected, and billing the targeted task for the cost of the products requisitioned. Any inventory products that are not currently in stock can also be ordered again using the form as a guide.
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At Cooper Industries, there are few similarities in the products it makes or the industries in which it completes. The corporate office adds value through such activities as improving their accounting activities and centralizing union negotiations. This is an example of creating value by using
A) related diversification to acquire economies of scope by leveraging pooled negotiating power.
B) related diversification to acquire market power by leveraging core competencies.
C) unrelated diversification to acquire financial synergies through portfolio management.
D) unrelated diversification to acquire synergies through corporate restructuring and parenting.
Answers
Diversifying unrelated businesses to create synergies through corporate reorganisation and parenting.
What are the main ways a business can diversify?Diversification calls for entering an altogether new value chain, as opposed to vertical integration, which entails a company entering a new portion of an existing value chain. Many organisations do this through acquisition or merger, while others merely expand into new markets on their own.
What is the purpose of the diversification strategy?For online business administration degree classes, the diversification method is utilised to increase market share. Options include current products in current markets, new products for new markets, new products in new markets, and new products in current markets.
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the philanthropic perspective of the economic model in which business support for a social cause is done because it is the right thing to do differs from the reputational version only in terms of the multiple choice level of social good done. underlying motivation. reach of the social good done. medium used.
Answers
The philanthropic model in which business support for a social cause is done because it is the right thing to do differs from the reputational version only in terms of the b. underlying motivation.
According to the economic model's philanthropic stance, businesses are under no strict responsibility to donate to social causes. The ambitions, purposes, and objectives of a corporation for actively bettering society as a whole are referred to as philanthropic responsibility.
Donating money from company earnings to deserving projects in the local community — commonly in the form of a trust or foundation — is a significant part of corporate philanthropy.
Philanthropy is defined as philanthropic activities or other acts of good will that benefit others or society as a whole. Donating money to a worthy cause or contributing time, effort, or other types of kindness are examples of philanthropy.
For many NGOs, increased transparency is a critical issue, and how money are collected and handled should be meticulously documented.
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