1)“O The World Trade Organization."2) "The difference principle." 3) "Population." 4) "The categorical imperative." 5) "Place discretionary obligations on specific people or companies."
The World Trade Organization (WTO) is not a lawmaking body, but it is influential enough to have its voluntary rules accepted as the global standard in international business. These standards include the Incoterms.The term "incoterms" refers to international commercial terms.
They are standardized terms and conditions that are used to establish the rights and responsibilities of the parties involved in international transactions. Incoterms make it easier for buyers and sellers to negotiate and agree on the terms of the sale and to ensure that each party is aware of their rights and responsibilities.
The correct answer for the second question is "The difference principle."
The suggestion by John Rawls that society should reward behavior that provides the most benefit to the community as a whole is referred to as the difference principle.
The correct answer for the third question is "Population."In the House of Representatives, a state's voting power is based on its population. Each state is allocated a number of representatives based on its population size.
The correct answer for the fourth question is "The categorical imperative."
According to Immanuel Kant, the truth should be told, no matter the outcome. This is the idea behind what he called the categorical imperative.
The correct answer for the fifth question is "Place discretionary obligations on specific people or companies."
Judges have the authority to issue court orders that place binding obligations on specific people or companies.
These orders are known as injunctions, and they require the recipient to do or not do something specific.
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Explain Market Segmentation
In marketing, market segmentation is the process of dividing a broad consumer or business market, normally consisting of existing and potential customers, into sub-groups of consumers based on some type of shared characteristics.
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Although __________________ costs are important in management decision making, they are difficult to trace to a particular product. Group of answer choices Direct Material Direct Labor Overhead None of the cost above are important
Answer:
Overhead
Explanation:
Overhead costs are also known as indirect costs and they are can not be directly traced (by observation) to the cost object.
However, these overhead costs need to be accounted for when determining pricing of a product and when performing a Cost - Volume - Profit analysis.
________ makes the world market more accessible for companies that sell traditional products by lessening the cost and difficulties associated with global communication.
Globalization makes the world market more accessible for companies that sell traditional products by reducing the cost and challenges related to global communication.
Globalization refers to the increasing interconnectedness and integration of economies and societies worldwide. One of the significant advantages of globalization is the improved accessibility of the world market for companies, including those selling traditional products. This accessibility is primarily facilitated by advancements in communication technology and infrastructure.
With globalization, companies can leverage various communication tools and platforms to connect with customers and partners across different countries and regions. The availability of affordable and efficient communication channels, such as the Internet, email, video conferencing, and social media, has significantly reduced the cost and difficulties associated with global communication.
Previously, companies selling traditional products faced challenges in reaching customers in distant markets due to high communication costs, language barriers, and logistical constraints. However, globalization has revolutionized these aspects by providing cost-effective and instant communication options. Companies can now interact with customers, market their products, and gather market intelligence globally with relative ease.
By leveraging globalization and its associated communication advancements, companies selling traditional products can expand their reach, tap into new markets, and establish international networks. This increased accessibility to the world market allows them to overcome previous limitations and explore new growth opportunities on a global scale.
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When the price of pistachio nuts is $7.50 per lb. the quantity demanded is 48 lbs. When the price of pistachios is $9.00 per lb. the quantity demanded is 40 lbs. When the midpoint formula is used to measure the price elasticity of demand we can say that the demand for pistachio nuts is
Unit-elastic
The amount required is 48 pounds while the price of pistachio nuts is $7.50 per lb. The amount needed is 40 pounds when pistachios cost $9.00 per lb. We can state that the demand for pistachio nuts is Unit elastic when the midpoint formula is applied to calculate the price elasticity of demand.
Unit Elastic - The economic theory known as unit elastic demand holds that when a product's price changes, the quantity desired also changes in an equal and proportional manner. In other words, the percentage change in price and the percentage change in demand for the product are equal. Consider the elastic demand on a basis of units per unit.
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A Las Vegas hotel want to provide to bear experience for a rep for its rapidly growing custom made base from China at the hotel can best do this by hiring
Answer:
Brian, a Mandarin interpreter who loves to interact with groups of all sizes.
Explanation:
In the context, a hotel in Las Vegas wants to give to experience for a representative for the increasingly growing customs which is made base from country China. The hotel can best do this by hiring Brian who is a Mandarin interpreter and he loves to meet and to interact with all size of people.
He can better able to facilitate the requirements of the travelers from China in a broader sense. Brian can allow the travelers less fluent in English speaking to make advantage of the available features at the hotel and also the amenities that the hotel offers. He bridges the language gaps between the hotel and the Chinese travelers.
what is stock exchange?
When hiring clerks for the mail room, the acme global corporation required applicants to take a sorting ability test. the test screened out many more caucasian job candidates than it did african american job candidates. the test appears to cause _______. group of answer choices
When hiring clerks for the mail room, the Acme Global Corporation required applicants to take a sorting ability test. The test screened out many more Caucasian job candidates than it did African American job candidates. The test appears to cause adverse impact.
When a hiring test screens out a disproportionate number of candidates from one racial group compared to another, it can be an indication of disparate impact discrimination. Disparate impact discrimination occurs when a seemingly neutral policy or practice has a disproportionate negative impact on a protected group, such as race. In this case, the sorting ability test used by the Acme Global Corporation appears to have a disparate impact on caucasian job candidates. The fact that more caucasian job candidates were screened out than African American candidates suggests that the test is not measuring skills or abilities relevant to the job, but rather is discriminating against a particular group.Employers have a legal obligation to ensure that their hiring practices do not result in discrimination against any protected group, including race. If the sorting ability test is found to have a disparate impact on caucasian job candidates, the Acme Global Corporation may be in violation of federal or state anti-discrimination laws. To avoid such legal trouble, employers should use validated tests that measure skills and abilities necessary for the job, and should regularly review their hiring practices to ensure they are not resulting in discrimination.
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A large bakery buys flour in 25 kg bags. The bakery uses an average of' 4,860 bags a year. Preparing an order and receiving a shipment of flour bags involves a cost of $10 per order. Annual holding cost is $5 per flour bag. a) Determine the economic order quantity.
b) What is the average number of bags on hand (i.e., in inventory)?
c) How many orders per year will there be?
d)Calculate the total annual cost of ordering and holding flour.
e)If ordering costs were to increase by 50 percent order, by what percentage would the EOQ change?
a) Economic Order Quantity(EQO):Economic Order Quantity can be calculated using the following formula. \(EOQ = \sqrt{\frac{2DS}{H}}\)Where D = Annual Demand in Units S = Ordering Cost per Order H = Annual Holding Cost per UnitThen EOQ will be: \(EOQ
= \sqrt{\frac{2*4,860*10}{5}}\)= \(\sqrt{19,440}\) = \(139.28\) (approx.)The economic order quantity is 139 bags.b) Average Number of Bags on Hand:To find out the average number of bags on hand, we can use the following formula: \(Average\ number\ of\ bags\ on\ hand = \frac{EOQ}{2}\)= \(\frac{139}{2}\) = \(69.5\) (approx.)The average number of bags on hand is 69.5 bags.c)
Number of Orders per Year:We can find the number of orders per year by using the following formula: \(Number\ of\ Orders\ per\ Year = \frac{D}{EOQ}\)= \(\frac{4,860}{139}\) = \(34.89\) (approx.)So, there will be 34 orders per year.d) Total Annual Cost of Ordering and Holding Flour:Total Annual Cost of Ordering and Holding Flour can be calculated using the following formula:
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the basic strategy for handling objections when telephoning for an appointment is to
The basic strategy for handling objections when telephoning for an appointment is to listen actively, empathize, address concerns, and propose alternative solutions. This approach ensures a respectful and professional interaction while addressing the needs of the person you are contacting.
Strategy refers to a set of deliberate actions and plans designed to achieve long-term goals and objectives. It involves making choices and allocating resources to maximize the chances of success in a competitive environment. A well-defined strategy provides a roadmap for organizations and individuals to navigate challenges, exploit opportunities, and create a sustainable advantage. It encompasses aspects such as goal setting, market analysis, competitive positioning, resource allocation, risk management, and implementation tactics. Effective strategies are adaptable, forward-thinking, and based on a deep understanding of internal capabilities and external dynamics. They require continuous evaluation and adjustment to align with changing circumstances and evolving goals.
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Please provide an example of and explain how to calculate 1 day VaR (Value at Risk) at a confidence level of 99% based on:
--Normal distribution using a 10 day rolling window.
and
--Historical simulation based on a window of 10 days.
To calculate 1-day VaR (Value at Risk) at a 99% confidence level, we can use two methods: normal distribution and historical simulation,
For normal distribution using a 10-day rolling window, we can follow these steps:
1. Gather historical data on the variable of interest (e.g., daily returns) for a period longer than 10 days.
2. Calculate the mean and standard deviation of the returns using a rolling window of 10 days. This involves taking the average and standard deviation of the returns over the most recent 10-day period.
3. Determine the critical value for the desired confidence level (99% corresponds to a z-score of approximately 2.33 for a normal distribution).
4. Calculate the 1-day VaR by multiplying the standard deviation by the critical value obtained in the previous step.
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What Is NOT one of the three primary resources that farnilies have to reach financlal goals?
A.Education
B.Energy
C.Time
D.Money
Answer:
I think it would be education
Explanation:
Answer: A. Education
Explanation:
What are four industries within animal agriculture?
c. If the Natural Rate of unemployment (NRU) for this economy is 4.76%, what type of unemployment
occurs in this economy? Explain briefly.
d. Refer to your answer above. What would you conclude about labor utilization and Real GDP produced
in this economy and the Real GDP that the economy is producing?
e. Refer to the original data. Assuming that the remaining 500 persons decided to start looking for work, I
how would this affect the original unemployment rate? Calculate the new unemployment rate.
f. Refer to the original data. Assuming that as result of a recession, 400 workers were laid off. How would
a recession affect the original unemployment rate? Calculate the new unemployment rate. What type of
unemployment would arise?
& Explain why we need to handle the official unemployment figures (the official unemployment rate)
published by the BLS with care.
The type of unemployment that occurs in this economy is cyclical unemployment.
What is the reason for cyclical unemployment in this economy?Cyclical unemployment refers to the unemployment that arises due to fluctuations in the business cycle. When the economy is in a downturn or recession, demand for goods and services decreases leading to a decline in production and job cuts by businesses.
As a result, individuals are unable to find employment opportunities leading to cyclical unemployment. In this case, with a Natural Rate of unemployment (NRU) of 4.76%, any unemployment above this level would be considered cyclical unemployment indicating that the economy is operating below its full potential.
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What is the cost of employee benefits called? A Unburdened B Ancillary C Material D Burdened
Answer:
The answer is B. Ancillary
Explanation:
providing necessary support to the primary activities or operation of an organization, institution, industry, or system:
Which career field is likely to experience increased job openings and security over the
next few years? (10 points)
O Retail
O Nursing
O Government
O Manufacturing
Answer: government
Explanation:
Government is the career field is likely to experience increased job openings and security over the next few years. Hence, option C is correct.
What is Government is the career?Public Sector Employment is "a particular government responsibility or action. A "government job" is widely defined for recruitment purposes as any position in any department or entity that works for the government. Consequently, a position carrying out government business is a government employment ".
Among the job options in the U.S. government are political jobs working for the executive, judicial, and legislative branches of the federal government.
Government employees are employed by the military, the post office, federal law enforcement organizations, and other governmental agencies and departments.
Thus, option C is correct.
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for which person would renting a home be a better option than getting a mortgage?
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
Lev Knossos sells high tech equipment and software to companies in Greece. When he first started selling to Greek businesses, he was told that the Greek market lagged behind others in the use of technology. After conducting research, Knossos visited the Commercial Bank of Greece and explained how his products could create Web pages for the bank and facilitate banking transactions. By applying his product knowledge to solve a technology issue that he identified, Knossos took the role of: Tactical partner. Creative problem solver. Low-involvement decision maker. Transactional partner. Exchange creator.
Answer: Creative problem solver
Explanation:
Creative problem-solving refers to the process of finding a solution to a problem that doesn't have a solution before. It is an previously unknown and an original solution to a problem.
Creative problem solving is when an individual gets creative in order to develop new ideas and therefore get the solutions to the problems encountered.
Since Knossos visited the bank and explained how his products could give the bank solution to help facilitate banking transactions, he's a creative problem solver.
What is another factor that would be good to consider before choosing a career cluster?
A.
whether your friends are thinking about pursuing a career in that cluster
B.
whether your parents will be happy with you choosing that career cluster
C.
whether that career cluster is needed in the local economy
D.
whether that career cluster could elevate your social status
Answer:
D.
whether that career cluster could elevate your social status
Explanation:
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What general rule of thumb connects your car payment and your monthly savings budget?
what is a characteristic of a cash balance plan?multiple choiceall contributions to the plan come from the employee.the money earns interest at a predetermined rate, such as the rate paid on u.s. treasury bills.older employees with many years of service benefit to a greater degree than do younger workers just starting their careers.it penalizes employees for changing jobs.employees cannot predict retirement benefits under cash balance plans.
The money earns interest at a predetermined rate, such as the rate paid on U.S. Treasury bills is a characteristic of a cash balance plan. Option B
A characteristic of a cash balance plan is that the money in the plan earns interest at a predetermined rate, such as the rate paid on U.S. Treasury bills. This is different from a defined contribution plan, where the amount of money contributed is specified, but the return on investment is not guaranteed.
In a cash balance plan, the employer contributes a percentage of the employee's salary, and the account balance grows each year with interest credits. This means that the employee is not solely responsible for contributing to the plan, as stated in option A.
Option C is incorrect because cash balance plans are designed to provide benefits that are more evenly distributed across all employees, regardless of age or years of service.
This is different from a traditional defined benefit plan, where older employees with many years of service generally receive greater benefits than younger workers.
Option D is also incorrect, as cash balance plans do not penalize employees for changing jobs. The plan balance can be rolled over into another employer's retirement plan or into an individual retirement account (IRA).
Option E is not entirely accurate, as employees can predict retirement benefits under cash balance plans. The benefit formula is defined and based on the employee's account balance, which can be projected using assumed interest credits and employee contributions. Option B
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The order fulfillment process involves which of the following functional areas of a​ business?
A. Manufacturing and​ production, human​ resources, and accounting.B.​ Sales, human​ resources, and manufacturing and production.C.​ Sales, human​ resources, and accounting.D. Human​ resources, accounting, and service.E.​ Sales, accounting, and manufacturing and production.
Answer:
E. Sales, accounting, and manufacturing and production.
Explanation:
Order fulfillment first takes place in the Sales department - where the Sales team makes known to the customer the products and services available. then the human resources selects talent to help with the production and manufacturing. Accounting function helps determine the cost.
do you think bitcoin or another cyber currency will replace existing traditional currency? why or why not?
Cryptocurrencies have rapidly increased in value, utility, and appeal since they were made widely available in 2009. Investors are interested in some of them since many retailers and business owners see them as viable options for generating returns and increasing store value. Governments are attempting to determine how to impose taxes and control them.
At the start of the cryptocurrency boom, Bitcoin appeared to be without a rival. Market capitalization for the sector was dominated by Bitcoin until, in a matter of weeks, Ethereum, Ripple, and other currencies sprinted to overtake it.
Although Bitcoin remains the market leader, some analysts are questioning whether cryptocurrencies are actually currencies in light of the industry's rapid growth. Some believe that even more significant changes may be on the horizon. the hypothesis that cryptocurrencies might eventually completely replace the money.
With its programmability and adaptability, Ethereum, a component of the blockchain ecosystem, offered not just a cryptocurrency but a wide range of use cases. Companies and entrepreneurs are leveraging it to develop new goods, technologies, and services.
The Ethereum blockchain and ecosystem provide the foundation for the decentralization of money as well as the developing "metaverse," which has the potential to unite our digital and physical selves.
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What happens to demand when consumer income increases?
For the vast majority of items, referred to as typical goods, demand will rise as consumer earnings rise, and vice versa. As earnings grow, the demand curve for goods like cars, boats, and restaurant meals will shift to the right.
What changes in demand occur when consumer income increases?The income effect explains how variations in income affect consumer demand for goods and services. People will typically begin to demand more things as their income rises. Similar to this, declining income causes declining demand.
What transpires as consumer income rises?The income impact explains how a shift in a consumer's ability to buy goods alters their demand for those goods. More levels of purchasing power typically result in higher demand and a greater need for high-quality products.
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who decides which executive should take charge when senior managers are lost? is that answer different in the short term than in the long term?
The decision-making process may vary depending on the company's specific structure and circumstances.
Typically, the board of directors would be responsible for deciding which executive should take charge when senior managers are lost. In the short term, this decision may be made quickly and may involve selecting an existing executive to temporarily fill the role. In the long term, however, the board may choose to conduct a more thorough search and selection process to find a permanent replacement for the lost senior manager. Ultimately, the decision-making process may vary depending on the company's specific structure and circumstances.
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D. Short answer questions:
a. Compare the monopoly’s price and quantity with that of a
perfectly competitive firm’s. Which is better for the consumer?
b. How can government regulation of a monopoly increase the
allocative efficiency of the monopoly?
Answer:
Explanation:
a. Monopoly has no competition so it can charge a higher price and produce less quantity when compared to a perfectly competition. For a consumer, perfectly competition which provides more goods at a lower price is better.
b. Due to lack of competition, monopoly does not have to be efficient in its resource allocation. To increase the allocative efficiency, the government can pass regulation to limit price charged and increase quantities of goods produced by the monopoly.
Answer:
Explanation:
compared 2 perfectly competitive firms, monopoly charges higher price and produces less quantity.
perfectly competitive firms are better for consumer
govt regulation can increase monopoly's efficiency by putting restriction on price n requiring quantity of goods produced.
if overnight delivery makes you think of fedex, what marketing strategy caused that association in your mind?
if overnight delivery makes you think of Fedex, Branding is the marketing strategy caused that association in your mind.
What is a marketing strategy?This is the term that is used to refer to all of the strategies that the business would have to employ in order to get the people to get or buy the goods and the services that that are offering in the market. It is how the business is able to get customers in the market.
Hence we can say that if overnight delivery makes you think of Fedex, Branding is the marketing strategy caused that association in your mind.
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Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards, however, can be calculated as the percentage increase in
either the real gross domestic product or the real gross domestic product per capita.
Answer:
True
Explanation:
It is TRUE that Positive economic growth is realized when a country's production possibilities curve
(frontier) shifts outwards.
This is evident in the fact that the outwards shifts of the production possibilities curve of a country indicate an increase in output or production level of that country.
Also, such production possibilities can indeed be estimated as the percentage increase in either the real gross domestic product or the real gross domestic product per capita.
In 2011, a household with an annual income of $23,000 would find itself in the?
In 2011, a household with an annual income of $23,000 would find itself in the lower-income bracket.
This is because the federal poverty level for a household of four was $22,350 in 2011.
A financial indicator released annually by the Department of Health and Human Services (HHS). Your eligibility for certain programmes and benefits, like as discounts on Marketplace health insurance and Medicaid and CHIP coverage, is based on your income as measured by the federal poverty line.
The federal poverty level (FPL) income figures shown below are used to determine Medicaid and the Children's Health Insurance Program eligibility for 2022. (CHIP). The savings on Marketplace insurance plans for 2022 are calculated using 2021 numbers, which are significantly lower.
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Which of the following is a true statement regarding searching for Inventory analytical symptoms?
a. Studying the statement of cash flows is not a useful means of looking for potential fraud.
b. Utilizing vertical analysis for the current year is a useful means of identifying potential fraud.
c. Examining the changes in recorded amounts from period to period provides useful information regarding potential fraud.
d. The pace of the change in the numbers can often be indicative of potential fraud.
The true statement regarding searching for Inventory analytical symptoms is: c. Examining the changes in recorded amounts from period to period provides useful information regarding potential fraud.
When analyzing inventory for potential fraud, examining the changes in recorded amounts from one period to another can provide valuable insights. Sudden and significant fluctuations in inventory levels or costs could indicate potential fraudulent activities such as inventory theft, misstatement, or manipulation. Comparing the changes in inventory quantities, values, or cost of goods sold (COGS) over time can help identify irregular patterns or anomalies that warrant further investigation. By monitoring these changes, auditors or analysts can detect potential fraud indicators and take appropriate actions to mitigate risks or uncover fraudulent activities. Thus, option c is the correct statement for searching for inventory analytical symptoms related to potential fraud.
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chaco company provided the following pertaining to its accounting year that ended december 31, 2022: transaction amount sold common stock, par value $5,000 $ 25,000 declared cash dividends 10,000 paid cash dividends 7,500 net income 35,000 5% stock dividend distributed, $2,500 par value 11,500 sold treasury stock, cost $4,500 3,500 what is the amount of increase in chaco's common stock account during the year 2022?
To determine the amount of increase in Chaco Company's common stock account during the year 2022, we need to consider the relevant transactions related to the common stock.
Given the information provided:
Amount sold common stock (par value) = $25,000
5% stock dividend distributed (par value) = $11,500
Sold treasury stock (cost) = $3,500
The increase in the common stock account can be calculated by summing up the amounts related to the issuance and distribution of common stock while deducting the amount related to the sale of treasury stock.
Increase in common stock account = Amount sold common stock + Stock dividend distributed - Sold treasury stock
= $25,000 + $11,500 - $3,500
= $33,000
Therefore, the amount of increase in Chaco Company's common stock account during the year 2022 is $33,000.
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