This model of communication is called asynchronous communication, where messages are exchanged at different times.
What is asynchronous communication?Asynchronous communication is a type of communication that occurs independently of time or sequence. This type of communication allows participants to communicate without the need for immediate feedback.It is commonly used in online communication and messaging, as it allows people to communicate without being in the same physical location.Asynchronous communication can be useful in many different scenarios, such as when one person is not available for a conversation or when one person does not wish to respond immediately.In an asynchronous communication, the recipient can take as much time as they need to review the message, compose a response, and post it at their own convenience. This allows for more thoughtful communication, as people can take the time to carefully consider their words before responding.To learn more about asynchronous communication refer to:
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As the total volume of activity changes:
a. the total of variable costs stays the same.
b. the total of fixed costs changes.
c. variable costs per unit change.
d. fixed costs per unit change.
As the total volume of activity changes: The total of variable costs stays the same.
What is variable cost?
An expense for the company that varies according on how much is produced or sold is called a variable cost. Depending on a company's production or sales volume, variable costs grow or fall. They climb as production rises and reduce as production declines.Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labour, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs.To learn more about variable cost:https://brainly.com/question/6838514
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When using exponential smoothing the smoothing constant is
It can be said to conclude that the smoothing constant is between 0 and 1 when the exponential smoothing is being used.
The method of exponential smoothing can be referred to be understood as a method that helps in achievement of the conditions related to the fulfillment of certain conditions. The smoothing constant is an important factor to be taken into consideration during the ongoing of this process, and thus, its value lies between 0 and 1 when the of exponential smoothing method is being used.
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a seller listed his home for six months on february 26. on april 29, a buyer made an offer on the property. the listing broker presented the offer to the seller on april 30. the seller accepted the offer on may 1, with the closing to occur on june 15. assuming the closing took place on june 15, when did the listing expire?
Based on the information provided, we are aware that the listing will expire on June 15.
What is listing?A real estate listing enables sellers to advertise that their home is available for purchase on the market.
The details you see on the listing are based on the terms of the real estate listing that the owner and the agent authorized to handle the sale of the property have agreed upon.
Although we frequently mistake a listing for an advertisement for a property that is up for sale or rent, a listing actually refers to the marketing agreement between a principal and an agent.
So, according to the given information, we know that the listing will expire on 15 June.
Therefore, based on the information provided, we are aware that the listing will expire on June 15.
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on july 1, shady creek resort borrowed $250,000 cash by signing a 10-year, 8% installment note requiring equal payments each june 30 of $37,258. what is the journal entry to record the first annual payment? multiple choice debit interest expense $37,258; credit cash $37,258. debit cash $250,000; debit interest expense $37,258; credit notes payable $287,258. debit interest expense $20,000; debit interest payable $17,258; credit cash $37,258. debit interest expense $20,000; credit cash $20,000. debit interest expense $20,000; debit notes payable $17,258; credit cash $37,258.
The journal entry to record the first annual payment is debit cash $250,000; debit interest expense $37,258; credit notes payable $287,258.
A journal entry is what?An entry in your journal serves as a record of a transaction in your company's books. For every transaction, at least two journal entries must be made in double-entry bookkeeping. A bookkeeper records all of the changes that a transaction can bring about in a firm because they can be rather numerous.
What exactly is a basic journal entry?A straightforward journal entry is one in which just one account is debited and one is credited. Simple journal entries are recommended as a best practice because they are simpler to comprehend.
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Debt is measured relative to GDP because:
Debt is measured relative to GDP because: the capability to pay off a country's debt relies upon on its productive capacity.
If the authorities runs a price range deficit and makes use of it to finance the purchase of productive assets, the economy will: be higher off if the return on the assets is sufficiently high.
Why is debt measured as a percentage of GDP?By comparing what a u . s . a . owes with what it produces, the debt-to-GDP ratio reliably shows that unique country's capability to pay lower back its debts. Often expressed as a percentage, this ratio can additionally be interpreted as the range of years needed to pay lower back debt if GDP is committed absolutely to debt repayment.
What is the effect of debt-to-GDP ratio?A high debt-to-GDP ratio is undesirable for a country, as a higher ratio indicates a higher danger of default. In a study performed via the World Bank, a ratio that exceeds 77% for an extended length of time may also result in an unfavorable influence on economic growth.
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https://brainly.com/question/3578834#SPJ4Many people state that their organization has no customers. Is it possible for a business, or department within an enterprise, not to have customers? Why or why not? How does the customer influence an operations strategy? What is the difference between a strategy and an operations plan?
Yes, it is possible for a business, or department within an enterprise, not to have customers.
This could be because the business or department isn't involved in the sales and marketing activities. For example, a research and development department within an enterprise would not have customers but could have consumers.
The customer's influence on an operations strategy is significant because the customer's wants and needs must be taken into consideration when developing a strategy.
A strategy is a broad plan for achieving a goal, while an operations plan outlines the specific tasks and activities that need to be completed to implement the strategy. The operations plan includes the resources, timelines, and responsibilities that are needed to execute the strategy.
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the line that relates the price of a good and the quantity demanded of that good is called the demand
curve. A graph illustrating the relationship between a good's price and the amount required of it is called a demand curve. The curve has a downward sloping left to right slope.
The curve slopes from left to right in a downward direction, showing that as a good's price rises, demand for it declines. On the other hand, as the price drops, the quantity demanded rises. In order to comprehend customer behaviour and make wise judgements regarding pricing, manufacturing, and marketing tactics, economists and businesses employ the demand curve. The demand curve is a crucial instrument in microeconomics that aids in illuminating the ideas of supply, demand, and market equilibrium. Businesses may enhance their pricing strategies and increase their competitiveness in the market by having a better understanding of the demand curve.
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2) when an industry's raw material costs increase, other things remaining the same, a) output increases regardless of the market price and the supply curve shifts upward. b) the supply curve shifts to the right. c) output decreases and the market price also decreases. d) the supply curve shifts to the left.
When an industry's raw material costs increase, other things remaining the same, output decreases and the market price also decreases.
What is the supply curve?
The link between product pricing and the amount of product a seller is willing and able to supply is graphically represented by the supply curve in economics. The graph's vertical axis represents product pricing, while its horizontal axis represents the amount of the product delivered.
What is supply curve and its slope?
An illustration of the amount supplied at various prices is called a supply curve. Since the supply curve is a graphical depiction of the supply schedule, it is sometimes referred to as a supply schedule.
According to the law of supply, when all other factors are equal, an item's supply grows as its price does, and vice versa. The supply curve typically has a positive slope, or slopes up and to the right, according to the graph, which illustrates this.
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a. charging of posting an ad on a website is very easy. the website measures the number of eyeballs watching the screen as well as the amount of time on that ad. b. i sell widgets. my widgets are attractive to two very different demographics. korean people between 20 and 30. russian people between 50 and 60. it is easy for me to create two different websites with two different front-ends. both of these websites take orders and send these orders to one back-end and the orders get fulfilled from one warehouse using different shipping boxes. c. providing internet access from satellites and balloons is cheaper than laying cable. d. despite zappos selling shoes at a low price and very easy return policy, people still travel to brick n mortar stores to try on and buy shoes.
Charging for posting an ad on a website typically involves a cost per impression (CPM) or cost per click (CPC) pricing model.
What is CPM Model?In a CPM model, the advertiser pays a set fee for every 1,000 views of their ad. In a CPC model, the advertiser pays a set fee for every click on their ad. The cost of the ad is determined by factors such as the website's traffic, the type of ad (e.g. banner, video, etc.), and the duration of the ad campaign. Additionally, some website may charge more for certain position of the ads, more visibility, or more target audience.
According to question:-
a. Charging for ads on a website is based on metrics such as the number of views and the amount of time spent on the ad.
b. To target two different demographics, it is possible to create separate websites with different front-ends that both connect to the same back-end and warehouse for order fulfillment, using different shipping boxes.
c. Providing internet access through satellites and balloons can be more cost-effective than laying cable.
d. Even though Zappos offers low prices and an easy return policy, some consumers still prefer to visit physical stores to try on and purchase shoes.
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acme inc. is evaluating a new project to produce rockets. the project will involve $200,000 to purchase a new machine. every year, acme will need to spend $5,000 to keep the machine running and the revenue is $75,000 per year by selling the rockets. every 5 years, acme will have to spend $1,000 to update the machine. acme inc. expects that the machine will last for 10 years, and at the end of 10 years, acme will be able to sell the machine for $50,000. what is the overhaul cost?
Every five years, ACME Corporation spends $1,000 to update and maintain the equipment. Therefore, the company's overhaul costs will include the expense of replacing the equipment, "$1.000 every five years" is right
What does "cost" mean?A cost is the worth of money that has been expended to produce something or provide a service and is therefore no longer available for use in manufacturing, research, retail, and accounting. In the case of an acquisition cost, the money spent on the acquisition is considered the cost.
What's really cost and how does it work?Total cost is equal to the sum of all fixed and variable costs. Total Spend = (Average Constant Price + Ordinary Variable Cost) x the number of units is another, more complex method to express it. All of this has to do with the overall cost equation, which is a crucial idea for figuring out the overall cost of production.
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which of the following is not a method of collecting quality voc (voice of the customer) data? select one: a. forums b. beta testing c. pareto charts d. focus groups
which of the following is not a method of collecting quality voc (voice of the customer) data a. forums
In the realms of sales, commerce, and economics, a client is a person who purchases something from a seller, vendor, or provider in exchange for money or another advantageous consideration. Customers are sometimes referred to as clients, buyers, and purchasers. Early communities relied on a favor-based gift economy. Later, as commerce grew, relationships between people grew brittle and more dependent on momentary necessities than on abiding social desires. Clients are those who receive individualized advice and responses, whereas customers are frequently thought of as those who make purchases of goods and services. [3] Organizations like law firms, film studios, and healthcare services typically desire clients, but corporations like supermarkets, banks, and other financial institutions typically desire consumers.
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What would Chester Corporation's market capitalization be if the current price rose 10%?
Select: 1
$87.1 million
$73.7 million
$95.8 million
$67.0 million
The total value of all a company's stock shares is referred to as its market capitalisation, or market cap.
What is meant by market capitalization?Market capitalization is calculated by multiplying the stock price at the moment by the number of outstanding shares.
We can use another question as an example as we do not have access to the entire number of shares in circulation or the stock price at the time of writing.
There were 3,225,987 shares outstanding overall and the stock price was $20.76 in the other query. Therefore, the market capitalization at the moment is $3,225,987 multiplied by $20.76, which equals $66,971,490.
In the event that the share price rises by 10% (to $22.836), Chester's market cap will be equal to 3,225,987 x $22.836, which is $73,668,639, or $73.7 million.
To figure out the market cap in your query, just follow the example.
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after writing a follow-up message to thank your interviewer, your next step should be . a. waiting at least one month for a call of acceptance or rejection b. sending a small gift to the receptionist to show your appreciation c. alerting your references that they may be contacted d. calling the company's human resources department to learn more about your competitors for the available position
After writing a follow-up message to thank your interviewer, your next step should be alerting your references that they may be contacted by the employer.
What is acceptance?When you really want to dissect and understand something it’s always best to start with definitions and explore from there. The first definition from the English Oxford Dictionary is a great starting place.It defines Acceptance as Willingness to tolerate a difficult situation.The important part to focus on is that acceptance is a willful act. In other words, it’s a choice. The ability to make choices is really what makes us human and so incredible. No animal makes choices like us, they just do what their instincts tell them to do. Us humans can change the direction of our lives dramatically by simply making a willful choice. Ultimately when you truly accept something you undergo a transformation. The structures of your brain literally change.To learn more about transformation refer to:
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how much do you need to invest every month to reach a savings goal of $600,000 at the end of 20 years, if you invest in an annuity that pays 3% interest, compounded monthly? enter your answer rounded to the nearest dollar.\
$3,319.29, Simply calculating the account amount by the interest rate multiplied by the time period the money is in the account yields the simple interest rate.
How do I calculate savings interest?It is important to note that interest in a savings account is money earned rather than money paid. The simple interest formula is as follows: P x R x T = Interest.
For example, if you owe $500 on your credit card each month and your current APR is 17.99%, you may determine your monthly interest rate by dividing 17.99% by 12, which is 1.49%. Then increase $500 by 0.0149 to get $7.45 each month.
Interval Between WithdrawalsMonthly
Starting Principal$600,000.00
Annual Growth Rate3.00%
Length of Annuity20.00 years
You could withdraw:
$3,319.29
(monthly)
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Answer: 1828
Explanation:
mr mcdonald owns 1,600 acres of farmland. he wants to split the land into fourths and sell off each of the parcels. which expression shows the amount of acres that each parcel will contain? select two that apply.
The land-based portions of typical geographic areas have an area measured in square kilometers.Therefore, Options (B) and (C) will be the correct options.
What is an area of a land?The land-based portions of typical geographic areas have an area measured in square kilometers.Data on land area are provided solely for the calculation of population density, and they are unofficial.
The floor's surface area is determined by multiplying the length by the breadth of a rectangular space.This is how we put it:Area (A = lw) is equal to length times width.The words "patch" and "plot" all refer to land plots. A region of ground that has a particular type of vegetation on it.
lot.land that has defined limits.yard.
1600 acres make up Dwight's farmland.
He wants to divide his farmland into four equal parts.
So the area of each part of the land will be = no of the farmland /number of the farmland = 1600/4
This expression can be written in different ways,
1600 ÷ 4
1600 *1/4
Therefore, Options (B) and (C) will be the correct options.
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what was the most pressing problem geibel was trying to solve at the start of the disney animation case?
Redesigning the group structure of Disney's Animation systems in order to foster innovation and improve communication is the issue that Geibel is attempting to solve.
Disney Animation Studios has nearly 100 years of history, beginning as a tiny business and growing into a massive, intricate, hierarchical enterprise. At a particular point in its development, the company's inability to produce innovative items was being hampered by work processes involving numerous divisions. Filmmaking was done manually when the enterprise first started, but technology has since taken control.
Disney Animation's systems department wanted to increase productivity and workflow to make interesting and engaging animated films while adapting to changing conditions, such as growing technological complexity (high-tech computer animation and creative storytelling).
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john and thom are purchasing their dream home. due to the expiration of escrow instructions, the escrow has been terminated. have they lost the contract on the house of their dreams?
No, the termination of an escrow does not terminate the associated contract
What is contract?A contract is an agreement that outlines specific, legally binding rights and obligations for two or more parties that have come to an amicable understanding. A contract usually entails the transfer of products, services, cash, or a promise to transfer any of those things at a later time. An agreement between parties that establishes legal duties for both parties is known as a contract. Mutual consent, demonstrated by a valid offer and acceptance, sufficient consideration, capability, and legality are the fundamental components needed for the agreement to be a legally enforceable contract.To learn more about contract refer to:
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you are working on a project to create a new marketing platform for a major search engine. you have been given a small team of all stars to build the platform. the platform will be developed in iterations and if successful at launch the plan is to expand the project team from 8 to 50. the mission of the company is to deliver value for the good of humanity. the executive team wants to ensure that the product upholds the mission and values of the company while in development. how could you best accomplish this?
To expand the project team it is best to approach them in a one-on-one context because they are probably an introverted person.
The project manager evaluates the effect of a modification on the project during which specific process?Finding out how the modification will affect the project is the purpose of the impact assessment step. All necessary information should be systematically gathered by using a change request template. Making an informed decision is the goal, both for the sponsor and the stakeholders.
Which document discusses sourcing choices and the resource pyramid for the project or engagement?A project charter is described as a document created by the project sponsor that formally approves a project's existence and gives the project manager the right to devote organisational resources to project operations.
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Which of the following events is not recorded in the accounting records?
(a) Equipment is purchased on account.
(b) An employee is terminated.
(c) A cash investment is made into the business.
(d) The company pays a cash dividend.
The event which is not recorded in the accounting records is an employee is terminated. Option (b).
In the given case,
purchase of equipment will involve direct monetary effect as cash will be paid, assets will be increased, etc:cash investment made will again require cash outflow, and is presented as monetary in nature.Declaration of cash dividends gives existence to a liability called dividend payable, or scrips payable, and is thus, recorded in books.The termination of employment does not involve any direct monetary effect. As the payment made or realized from such termination will be recorded in financial statements.To learn more about accounting, visit the link below:
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during the 1920s, wages for american workers select one: a. generally enabled a working-class family to thrive on a single income. b. rose most quickly for unskilled workers. c. generally rose at a rate far below increases in production and profits. d. equaled or exceeded the rate of production growth. e. generally decreased as the labor market became tighter.
The correct option is C. Generally rose at a rate far below increases in production and profits.
A salary is a price made by way of an organization to a worker for paintings achieved in a particular time frame. some examples of salary bills encompass compensatory payments consisting of a minimal wage, prevailing wage, and yearly bonuses, and remunerative payments which include prizes and tip payouts. Wages are part of the prices which can be a concern in strolling a commercial enterprise. it's far a duty to the employee regardless of the profitability of the agency.
Charge through salary contrasts with salaried work, wherein the organization can pay an organized quantity at consistent periods (which include every week or month) no matter hours labored, with the commission which conditions pay on man or woman performance, and with repayment based totally on the performance of the organization as an entire. Waged employees might also get hold of hints or gratuity paid at once via clients and worker advantages that are non-economic styles of reimbursement.
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how to promote diversity and inclusion in the workplace
Take part in the diversity initiative. You can join or form an employee resource group, volunteer to lead or sit on a committee that plans events and activities relating to diversity, or you can start your own employee resource group.
What is diversity?The idea that companies gain from having a diverse workforce is very common. Since the 1960s, models of workplace diversity have developed, and this has fueled the commercial argument for diversity. A diverse population is one that includes a wide range of individuals from different racial, ethnic, socioeconomic, and cultural backgrounds as well as with different lives, backgrounds, and interests. being represented in the department by a diverse group of people and viewpoints. A diverse population is a collection of individuals living in the same location.Each individual has a unique perspective on the world, regardless of culture, nationality, or other factors. Every society, person, and culture has unique knowledge, viewpoints, and points of view. Miracles can happen when these various points of view are brought together.To learn more about diversity refer to:
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which of the following is an advantage of a partnership? select one: a. ease of starting and ending the business b. unlimited liability c. shared management and pooled skills d. little time commitment
Shared management and pooled skills is an advantage of a partnership.
A partnership is a formal agreement between two or more people to manage and run a business and share profits. There are various forms of partnership agreements.
In a partnership business, for example, all partners share responsibilities and earnings equally, whereas in others, partners may have restricted liability. There is also the "silent partner," who is not involved in the day-to-day operations of the firm.
By allowing the partners to pool their labor and resources, a good partnership can help a business develop. Most single proprietors lack the time and resources required to manage a successful firm on their own, and the starting stage can be the most time-consuming.
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in the list of utilities compiled by intel, what are three utilities that can monitor the temperatures of components?
The three utilities that can monitor the temperature of components by intel are HWMonitor , Open HWMonitor , Speccy
Option A , B , C are correct .
HWMonitor :HWMonitor is a program for monitoring hardware that reads the primary health sensors on PC systems: temperatures, speeds of the fans, and voltages. Modern CPU on-die core thermal sensors, S.M.A.R.T. hard drive temperatures, and GPU video card temperatures are all read by the program.
Open HWMonitor :The temperature sensors, fan speeds, voltages, load, and clock speeds of a computer are all monitored by the free open-source application Open Hardware Monitor. It works with the majority of motherboard-based hardware monitoring chips.
Speccy :Speccy provides comprehensive statistics on each component of your computer's hardware. The CPU, motherboard, RAM, graphics cards, hard drives, optical drives, and audio support are all included in these figures. Additionally, the temperatures of the various components are added by Speccy.
Intel Processor Identification Utility: What is It?Free software called the Intel Processor Identification Utility can determine your processor's specifications. It shows information about the processor's supported technologies, graphics, and chipset, among other things. Automatic software updates are supported in this version of the application.
Question is incomplete,missing part is given below :
In the list of utilities compiled by intel, what are three utilities that can monitor the temperatures of components?
A.HWMonitor
B. Open HWMonitor
C. Speccy
D. Windows Memory Diagnostic
E. Burn In Test
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Country Z is a traditional country with long standing customs and rituals. If a boss tells a subordinate what to do without explanation, most people in this country would accept the boss’ authority. Which is the following is likely to be true?
Country Z is individualistic
Country Z is high on power distance
Country z is low on power distance
Country z is high on uncertainty avoidance
Country z is low on uncertainty avoidance
Country Z is high on power distance. Hence, option B is correct.
A Low Power Distance culture prioritizes treating everyone equally, whereas a High Power Distance culture encourages showing considerable reverence to a person in authority. The underpinning of societal order is inequality in High Power Distance cultures.
High power distance countries are distinguished from other countries by: High organizational structure: Organizations in high PDI nations are hierarchical and strictly controlled. Additionally, low-ranking individuals are not permitted to confront superiors in these nations.
Belgian, French, Malaysian, and Arab cultures are a few examples of high-power distance cultures. Organizations with a lower power distance are flat. Employees and managers are regarded as nearly equals. The Netherlands, the UK, the USA, Germany, and the Nordic nations are a few examples of low power distance cultures.
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Companies must prioritize and determine the performance dimensions on which they will focus and excel. each performance dimension has several sub-dimensions. mix, changeover, and volume are sub-dimensions of?
Companies need to set priorities and decide which performance metrics will be their main areas of concentration and excellence. There are many sub-dimensions for each performance dimension. Volume, mix, and changeover are sub-dimensions of flexibility.
The activities that must be conducted by anyone performing that job in order to complete the work are the focus of performance dimensions. As was previously said, performance dimensions are classifications of activities and behaviours that are established in accordance with the demands and expectations of the position. An element of the product or product manufacturing process is a performance dimension. For instance, the initial interest rate on a line of credit is a performance factor. Businesses aim to leverage this performance factor to generate revenue and draw in new clients.
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What is the level of measurement for each of the following variables? a. Student IQ ratings.b. Distance students travel to class.c.The jersey numbers of a sorority soccer team. d. A classification of students by state of birth. e. A summary of students by academic class—that is, freshman, sophomore, junior, and senior. Number of hours students study per week
Statisticians frequently use the term "levels of measurement" to differentiate between measured variables with differing attributes. Nominal, ordinal, interval and ratio are the four basic levels.
Because this variable is quantitative data, the degree of measurement for it is RATIO. Variables in an experimental investigation are normally of three types: independent variables, dependent variables, and controlled variables. A variable can be measured at one of four levels: nominal, ordinal, interval, or ratio. (Interval and Ratio measurement levels are sometimes known as Continuous and Scale). Ordinal data includes intelligence quotient scores, nausea and vomiting scores, levels of delirium, and many more metrics.
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which of the following activites describes the new product development process known as concept testing
A critical phase in the creation of a new product or service is concept testing. It occurs early in the process and aids in identifying important perceptions, user needs, and user wants related to the good or service
What is concept testing?Concept testing is the process of evaluating whether a new product will appeal to a select set of target customers by putting it to the test with them. Many businesses rigorously test prospective new product concepts with consumers before turning them into real new things.
Benefits of concept testingCustomers alone can tell whether a business idea will prosper or fail. Because of this, it's essential to test your concepts and ideas before introducing them to your target audience. Concept testing will provide you with information that will assist you in launching successful goods.
You can also gain comprehensive insights into the various facets of your idea by doing concept testing. You can inquire about a particular feature, the style and feel, the cost, and more. Thus, before releasing the product, you may ensure the accuracy of every aspect.
Surveys are used by businesses and organisations to test concepts, making it easy for brands of all sizes to use.
Concept testing is easily achieved with the help of a research platform. Here are the four primary methods of concept testing:
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under the contract from fleming to donaldson, how long does donaldson have to obtain financing approval?
B) 20 days
Some methods to obtain financing approval are:
Describe and examine key persons and their needs.
Never presume to know what someone else needs! In order to gather knowledge of the organizational climate, business-IT strategy, approval procedure, and investment assessment variables, your first step should be to quickly identify and contact key influencers.
Study the approval process, Business- IT strategy, and organizational climate.
Organizations adjust dynamically and quickly as the environment around them changes in order to produce superior results in business sectors with high growth rates. By achieving higher levels of functional excellence, they are continually seeking to increase efficiency and effectiveness.
Examine the business need, potential solutions, and synergies. Organizational Need & Alternatives: Your business analysis abilities will be useful in this situation. Work with the company to thoroughly grasp its needs and goals.
Offer a review to clarify the problem even if it takes extra time if the business necessity is unclear.
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Under the contract from Fleming to Donaldson, how long does Donaldson have to obtain financing approval? A) 21 days B) 20 days C) 3 days D) 7 days
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economists look at resources as the available supply of something that can be used. group of answer choices true false
Economists look at resources as the available supply of something that can be used. The given statement is True.
What do you know about Economists?
Economists are professionals who study the production, distribution and consumption of goods and services in an economy. They research and analyze economic data, trends, and policies to determine the best way to allocate resources, goods, and services. They use a variety of tools, such as economic theory and statistical analysis, to inform their decisions. Economists often collaborate with government officials and business leaders to develop policies that are in the best interests of the economy. They also advise corporations and individuals on financial and investment strategies. Additionally, economists may teach at universities, write for academic journals, and work as economic consultants.
So, The required answer is True.
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which of the following is the formula to calculate the predetermined factory overhead rate?
a. Actual total factory overhead costs divided by actual activity base.
b. Estimated total factory overhead costs divided by actual activity base.
c. Estimated total factory overhead costs divided by estimated activity base.
d. Actual total factory overhead costs divided by estimated activity b
Estimated total factory overhead costs divided by estimated activity base is the formula to calculate the predetermined factory overhead rate.
The estimated (planned budget) overhead costs for the year are divided by the estimated (planned budget) activity base for the year to arrive at the predetermined overhead rate, which is established at the start of the year.
Often, machine hours and direct labor costs make up this activity foundation. After determining the overhead rate, a business calculates the overhead rate per unit, and then adds the overhead per unit cost to the expenses of the product's direct materials and direct labor to arrive at the overall cost. For a certain reporting period, the expected cost of manufacturing overhead is applied to cost items using an allocation rate called a predetermined overhead rate.
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