The last stage of stakeholder impact analysis involves managers prioritizing stakeholder concerns. by taking the strength, veracity, and urgency of stakeholder claims into account.
As stated in the first use of the term in a 1963 internal document at the Stanford Research Institute, a stakeholder in a corporation is a member of "groups without whose support the organization would cease to exist." Later, in the 1980s, R. Edward Freeman expanded and promoted the notion.
Since then, it has received widespread recognition in business theory and practice, particularly in relation to corporate governance, strategic management, company purpose, and corporate social responsibility (CSR). The classification of stakeholders used to define corporate commitments has come under fire for generating a false choice between the "shareholder model" and the "stakeholders model" or a false analogy of the obligations towards shareholders and other interested persons.
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Statements that can be relied on with a fair amount of certainty and can be observed objectively are known as.
Statements which will be relied on with a fair amount of certainty and can be observed objectively are known as.----Facts.
What does one mean by a statement?
A statement is a sentence that says something is true, like "Pizza is delicious." There are other forms of statements in the worlds of the law, banking, and government. All statements claim something or make some extent . If you witness an accident, you create a statement to police, describing what you saw.
What can we mean by facts?
A fact is an indisputable observation of a natural or social phenomenon. we will see it directly and show it to others. A hypothesis is a thought that we can test with further observations. We began to gather evidence to see if our hypothesis is supported.
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Which elements of a swot analysis are identified by looking at the internal resources of a company?
The SWOT (strengths, weaknesses, opportunities, and threats) analysis component examines both internal and external elements that may have an impact on your company. Your internal traits are your assets and liabilities. Threats and opportunities are factors outside of oneself.
Using SWOT analysis, a person or organization can identify their strengths, weaknesses, opportunities, and threats in relation to project planning or competitive business environments. Situational analysis or situational assessment are other names for it. The main objective of a SWOT analysis is to raise awareness of the variables that influence business decisions or the formulation of business strategies. You can find the parts of your business that are doing well by conducting a SWOT analysis. These are your crucial success factors, and they give your company an edge over the competition. You can ensure that you maintain these strengths so that you don't lose your competitive advantage by identifying them.
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Bad debt expense is recognized in the same accounting period as the revenue that is related to the receivable because:________
Bad debt expense is recognized in the same accounting period as the revenue that is related to the receivable because a customer is unable to fulfill their obligation to pay an outstanding debt due to bankruptcy or other financial problems.
What Are Bad Debt Costs?
When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded. Companies that offer credit to their clients record bad debts as an allowance for doubtful accounts, sometimes referred to as a provision for credit losses, on their balance sheet.
Bad debt costs are typically listed on the income statement as a sales and general administrative expenditure. Accounts receivable on the balance sheet are reduced when bad debts are recognized, but firms still have the right to collect money if the situation changes.
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What+is+the+amount+of+dry+steam+flow+to+an+engine,+which+is+supplied+with+4500+kg+per+hour+wet+steam+with+a+quality+of+80%?
Final Value = 4500 × (1 + 80/100)
⇒ Final Value = 4500 × (1 + 0.8)
⇒ Final Value = 4500 × (1.8)
⇒ Final Value = 8100
Why is Steam important in Engines?The steam engine was significant because it allowed heat to be converted into motion. Now that we have this brilliant invention, we can use fuel instead of wind, water, or human strength. The Newcomen engine was once referred to be a "fire engine," in fact.The characteristics of steam made it possible to create the steam engine, which saw widespread use during the industrial revolution.In addition to transport, such as in steam locomotives, this kind of machine was used to drive other machinery.To learn more about Steam Engines, refer to:
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If a foreign country's interest rate is similar to the uk rate, the forward rate premium or discount will be ________, meaning that the forward rate and spot rate will provide ________ forecasts.
If a foreign country's interest rate is similar to the UK rate, the forward rate premium or discount will be Close to zero, meaning that the forward rate and spot rate will provide exchange rate forecasts.
A forward rate is an interest rate that is relevant to a future financial transaction. To estimate the future interest rate that equals the overall return of a longer-term investment with a strategy of rolling over a shorter-term investment, forward rates are derived from the spot rate and adjusted for the cost of carrying.
The phrase may also refer to the interest rate on a future financial obligation, such as a loan payment.
The forward rate stated in an agreement is a contractual commitment that all parties must uphold.
Fast forward six months. If the market spot rate is lower for fresh six-month investment,
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Imagine Joanne has an employee, Cynthia, whose only job is to restock shelves in the kitchen. Whenever Cynthia is busy she has to bend, twist, and lift to put items on the shelves over and over. Whenever she's done with her task, she often waits around for the next shipment of baking supplies to come in. How can this sort of specialization be a detriment to productivity
The act of specialization is the division of a work process into distinct tasks that are necessary to the organisation or business but cannot be carried out by a single person.
What Are the Economic Impacts of Specialization?
When the innate differences in human productivity are accentuated along different skill lines, specialization and the complementary concept of division of labour occur. A person becomes more economically specialised as they focus their productive efforts on an ever-narrower range of tasks.The most obvious economic impact of specialization is the propensity for people to choose a variety of professions that are more in line with their interests, capabilities, chances, and education.Economic agents that concentrate on a certain task become more adept at it. Because repetition and muscle memory increase productivity, both preschoolers and professional athletes practise before a game.To know more about Specialization visit:
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Cash disbursements that have been recorded in the company's accounting records but are not yet recorded by the bank are called:________
Cash disbursements that have been recorded in the company's accounting records but are not yet recorded by the bank are called checks outstanding
What is Check outstanding?An outstanding check is one that has been written but hasn't been cashed or deposited by the intended recipient. A check's payee is the person or organization to whom it is written, whereas the payor is the body that issues the check. Another term for a check that is still in the bank's check-clearing cycle after being presented is an outstanding check.
The payor incurs a liability when a cheque is unpaid. It is important for the payor to make sure there is enough money in the account to cover the amount of the outstanding check until it is cashed, which might take weeks or even months.
Checks can be used as one of the payment methods for transactions. A check is a type of money order that gives the bank permission to move money from the payor's account to the payee's account. When the payee deposits the check, it contacts the payor's bank to request the funds, which then takes the money out of the payor's account and sends it to the payee's bank. The full amount requested is sent to the bank, which then deposits it into the payee's account.
Therefore, Check is one of the most commonly used financial instruments.
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On March 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Potomac Realty:
• The supplies account balance on March 31 is $5,620, the supplies on hand on March 31 are $1,290.
The appropriate journal entries to record the transaction is: Debit Supplies expense $4,330, Credit Supplies $4,330.
Journal entriesa. Debit Supplies expense $4,330
($5,620- $1,290)
Credit Supplies $4,330
b. Debit Unearned rent $1,250
($5,000/4 months)
Credit Rent earned $1,250
c. Debit Wages expense $2,290
Credit Wages payable $2,290
d. Debit Accounts receivable $16,825
Credit Fees earned $16,825
e. Debit Depreciation expense-Office equipment $4,600
Credit Accumulated depreciation-Office equipment $4,600
Therefore the appropriate journal entries to record the transaction is: Debit Supplies expense $4,330, Credit Supplies $4,330.
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The complete question is:
On March 31, the following data were accumulated to assist the accountant in preparing the adjusting entries for Potomac Realty:
a. The supplies account balance on March 31 is $5,620, the supplies on hand on March 31 are $1,290.
b. The unearned rent account balance on March 31 is $5,000 representing the receipt of an advance payment on March 1 of four months’ rent from tenants.
c. Wages accrued but not paid at March 31 are $2,290
d. Fees accrued but unbilled at March 31 are $16,825.
e. Depreciation of office equipment is $4,600.
Required:
Journalize the adjusting entries required on March 31.
integrated marketing communications represents the _________________ p in the four ps of a firm's marketing mix. pricing product promotion place partnering
Integrated marketing communications represents the Promotion in the four P's of a firm's marketing mix. pricing product promotion place partnering.
What are the 4 P's of marketing?
The four Ps are the key considerations that must be considered and wisely implemented to be able to successfully market a product or service. They are product, price, place, and promotion.The four Ps are also known as the marketing mix. They include a range of factors that are considered when marketing a product, including what consumers want, how the product or service meets or fails to meet those wants, how the product or service is perceived in the world, how it stands out from the competition, and how the company that produces it interacts with its customers.brainly.com/question/14988194
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If the level of investment spending increases by $100 and the mpc in the economy is 0.8, then the cumulative spending increase after three rounds of spending is:_________
If the level of investment spending increases by $100 and the mpc in the economy is 0.8, then the cumulative spending increase after three rounds of spending is 244.
100+0.8(100)+0.8^2(100)=244.
A purchase made with the intention of generating income or capital growth is known as an investment. An asset's value increasing over time is referred to as appreciation. When a person invests in a good, they do not intend to use it as a source of immediate consumption, but rather as a tool for future wealth creation.
Investments are defined as assets bought or invested in with the goal of increasing wealth and setting aside funds from salary or capital gains. The main goal of an investment is to generate additional income or to make money on the investment over a certain amount of time.
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In+one+town,+66%+of+adults+have+health+insurance.+what+is+the+probability+that+4+adults+selected+at+random+from+the+town+all+have+health+insurance?+round+to+the+nearest+thousandth+if+necessary.
As a result, the probability that four people will be insured in insurance is equal to 0.66 to the power of four, leaving a value of 0.1897, or nearly 0.19.
In an insurance agreement, the insurer is responsible for covering a party's losses due to specific calamities or perils. It helps the insured person or their family avoid financial loss. There are many different types of insurance policies. Life, health, homeowners, and auto insurance are the most common varieties.
A risk management tool is insurance. When you buy insurance, you get protection against unanticipated financial losses. In the event that something bad occurs to you, the insurance provider pays you or a different person of your choosing. If an accident happens and you don't have insurance,
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A person's cognitive biases are MOST likely to affect what?
Question 1 options:
how their brains filter information
whether they use email or instant messaging
how much money they make
what kind of jargon they use
Question 2 (1 point)
Which of these is a secondary emotion?
Question 2 options:
fear
jealousy
anger
sadness
Question 3 (1 point)
Every afternoon at one o'clock, the air conditioner in Emilio's office turns on to lower the temperature by five degrees. Emilio finds it way too cold and it distracts him from his work. In this case, which element is affecting his perception and emotions?
Question 3 options:
culture
personality
physical environment
social media
Question 4 (1 point)
Hotaru is from Japan, where it is very common for multiple generations to live together. She is not judgmental of a 25-year-old man who lives with his parents because of her what?
Question 4 options:
physical environment
personality
culture
age
Question 5 (1 point)
Danielle tends to roll her eyes when listening to her little sister tell a story. What step should she take to increase her emotional awareness to address this issue?
Question 5 options:
consider her own feelings
monitor her facial expressions
operate on trust
be more empathetic
In Psychology, framing effect can be defined as a cognitive bias wherein a person's choice from a group of options is primarily influenced by the positive or negative connotations pertaining to the options that are available.
What is cultural diversity?Cultural diversity can be defined as an existence of cultural variety and cultural differences due to the presence of several ethnic groups that are living within a society.
In this context, we can logically deduce that some examples of distinctive cultural characteristics that differentiate groups are:
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The introduction of ebusiness brought about blank______, which occurs when a business sells directly to the customer online and cuts out the intermediary.
The introduction of e-business brought about blank disintermediation, which occurs when a business sells directly to the customer online and cuts out the intermediary.
Disintermediation
The process of eliminating the financial intermediary in a transaction is referred to as disintermediation. It may enable a consumer to purchase directly from a wholesaler rather than through an intermediary such as a store, or it may allow a business to order directly from a manufacturer rather than a distributor.
What exactly is e-business?
E-Business (electronic business) refers to any process carried out by a business organisation over a computer-mediated network. Any for-profit, governmental, or nonprofit entity is considered a business organisation. Production, customer, and internal or management-focused business processes are all part of their processes.
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In which phase is 'storming', or a period of difficult or challenges where team members begin to get frustrated and impatient and question the viability of the project?
The storming stage is the most difficult and critical stage to pass through. It is a period marked by conflict and competition as individual personalities emerge.
What exactly is the Storming Stage?When things begin to calm down, the team begins to face conflict and competition. The storming stage is the most critical and difficult to navigate - a period of conflict and competitiveness during which individuals begin to assert themselves. Storming is about standing up for yourself, having an opinion, being passionate, and competitive. Because there are disagreements within the group, storming may cause tension and frustration. If you let these emotions fester, they will eventually turn into resentment and anger. Storming can lead to arguments, power struggles, gossip, and even sabotage if you're not careful. Take steps to manage your emotions and maintain healthy relationships to avoid all of this.Team performance may actually decrease in this stage because energy is put into unproductive activities. Members may disagree on team goals, and subgroups and cliques may form around strong personalities or areas of agreement. To get through this stage, members must work to overcome obstacles, to accept individual differences, and to work through conflicting ideas on team tasks and goals. Teams can get bogged down in this stage. Failure to address conflicts may result in long-term problems.To learn more about Storming Stage refer to
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Debit or credit memo describing entries in the company's bank account may be enclosed with the bank statement. an example of a credit memo is:__________
Debit or credit memo describing entries in the company's bank account may be enclosed with the bank statement. an example of a credit memo is: a promissory note left for collection.
What is credit memo?
A credit memo could be a commercial record issued by a provider to the client informing the reduction of the amount that a customer owes to the seller. In case it could be a cash sale, it infers the amount of advantage that the provider owes to the customer. A credit memo is called Credit Memorandum and more popularly known as ‘Credit Note’.
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When selecting mand targets, the supervisor/bcba and therapist/rbt should make sure to ______.
'When selecting mand targets, the supervisor/bcba and therapist/RBT should make sure to select highly preferred and frequently used item or activities as teaching targets.
Registered Behavior Technician (RBT) is a paraprofessional certification in behavior analysis. RBT assists in the delivery of behavioral analysis services and practices under the direction and close supervision of her RBT Supervisor and/or RBT Requirements Coordinator who are responsible for all work performed by RBT.
Risk-Based Testing (RBT) is basically testing that is performed on a project according to its risk. A risk-based testing strategy uses risk to prioritize and highlight the right tests during test execution.
There may not be enough time to validate all types of functionality, so risk-based testing primarily focuses on testing those features that have the highest impact and are likely to fail .
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Sasha owns a business which produces office furniture. She employs 100 workers in the operations department and 15 workers in the office. Sasha believe on a democratic leadership style. Sasha says that being a good manager is very important to the success of the business. Very few workers leaves each year. Sasha sees no need for any of her workers to join a trade union.
1) Outline Two roles/functions sasha undertakes as the manager of the
business.(4)
2) Explain two reasons why having good managers is important to this
business. (6)
3) Do you think Sasha is right to say that her workers do not need to join a trade union? Justify you answer. (6)
As per the given statement:
First:
Examining the company's budgets and finding the most profitable business.The promotion and employment of new managers for the organization.Second:
The business is running smoothly.They frequently collaborate with influential investors.Third:
In this case, I believe Sasha is correct.What is the function of such an operations department?An operations department guarantees that the production process is accomplished from beginning to end. These manufacturing methods must be consistent with the aims and functions of those other departments within a corporation.
1). Two roles/functions Sasha undertakes as the manager of the business.1. As the owner, one of Sasha's primary responsibilities is to analyze the company's budgets and determine whether or not it is profitable. Another task for Sasha is to oversee the promotion and hiring of new managers for the organization. Sasha must be certain that those directly below her are capable of completing their jobs appropriately.
2). The two reasons why having good managers is important to this business.2. Having strong managers is vital for a business for two reasons: (1) they are in responsible of ensuring that everything in the firm functions properly, and (2) they frequently work with major clients whose money the company will undoubtedly require.
3). I think Sasha is right to say that her workers do not need to join a trade union.3. In this circumstance, I believe Sasha is correct in stating that her employees do not need to join a trade union. Sasha's company is handled in a democratic manner, which means her employees have a lot of say in company decisions. Joining a union isn't essential when employees already have so much power within the organization.
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B.what would be the average tax rate for a married couple with income of $90,000?
22% would be the average tax rate for a married couple with income of $90,000.
What is average tax rate?
The percentage of income a taxpayer pays in taxes is known as their average tax rate (also known as effective tax rate). The tax rate imposed on a taxpayer's final dollar of income, however, is known as their marginal tax rate. Average tax rates paid by taxpayers are typically substantially lower than marginal tax rates.
Therfore,
22% would be the average tax rate for a married couple with income of $90,000.
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The _____________ responsibilities of business are to produce goods and sservices that society wants at a price that perpetuates the business and satisfies its obligations to investors.
The economic responsibilities of business are to produce goods and services that society wants at a price that perpetuates the business and satisfies its obligations to investors.
Social responsibility and ethics. Social responsibility is the ethical theory that individuals are responsible for their civic duties and that their actions should benefit society as a whole.
Ecocentrism sees the intrinsic (internal) value of all nature. He has a much broader worldview than anthropocentrism, which sees individuals and human beings as more valuable than other living things.
The process of analyzing all inputs and outputs throughout a product's life cycle from cradle to disposal to determine the overall environmental impact of its manufacture and use is known as life cycle analysis.
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For consumers, pizza and hamburgers are substitutes. A rise in the price of a pizza causes _____ in the equilibrium price of a hamburger and _____ in the equilibrium quantity of hamburgers.
For consumers, pizza and hamburgers are substitutes. A rise in the price of a pizza causes a rise in the equilibrium price of a hamburger and an increase in the equilibrium quantity of hamburgers.
In microeconomics, two things are considered substitutes if customers may use them for the same purpose. Having more of one thing makes a buyer want less of the other good because they regard both goods as similar or equivalent.
When the price of commodity increases, the demand for its equivalent goods also rises. For example, tea and coffee are substitute commodities. When tea becomes more expensive, consumers begin switching to coffee instead of tea. Demand for a good's equivalent will rise when the price of that good rises, while demand will fall when the price of that good falls.
In the question, as the price of pizza rises, the demand for hamburgers also increases as they are substitute goods.
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In the evolution of database management systems, what does optimization refer to?
In the evolution of database management systems, what does optimization refer to
a High Availability
b. Security
c. Performance
d. Scalability.
One of the three fundamental security management functions that exist in all systems is availability. The claim that a computer system is always accessible to a legitimate user is known as availability. Systems are highly available to guarantee that they function as expected when required. The capacity to build in fault tolerance is provided by availability in the products. By including hot and cold sites in the disaster recovery planning, it also ensures the backup processing.
Both the primary key and the candidate key may definitively identify the tuples in relation in a self-test with the right answers. real false definition of named column.
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When apple inc. , the flows are a ______ from firms to households and a ______ from households to firms.
When apple incorporated , the flows are a money flow from firms to households and a real flow from households to firms.
What is money flow?Money flow is calculated by averaging the high, low and closing prices, and multiplying by the daily volume. Comparing that result with the number for the previous day tells traders whether money flow was positive or negative for the current day. Positive money flow indicates that prices are likely to move higher, while negative money flow suggests prices are about to fall.To learn more about money flow, refer: https://brainly.com/question/14560938?referrer=searchResults
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You install new tires on your car that are rated to last for 40,000 miles. how many revolutions will the tires make before they have to be replaced? estimate your answer to an order of magnitude.
1 miles = 5280 feet
⇒ 40000 miles = 2.11 feet
So, approximately [tex]10^{6}[/tex] revolutions, tires make before they have to be replaced.
What is Acceleration?The rate at which an object's velocity with respect to time changes is referred to as acceleration in mechanics. It is a vector quantity to accelerate (in that they have magnitude and direction).
The direction of the net force acting on an object determines the direction of its acceleration. According to Newton's Second Law, an object's acceleration is the result of two factors working together: the object's mass, which varies depending on the materials it is made of, and the net balance of all external forces acting on it. The magnitude of an object's acceleration is inversely proportional to the object's mass.
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Houseboat dwellers get to enjoy the water every day. We compiled a list of the coolest houseboats around the world to help inspire a purchase, including the 1907 yankee ferry, with what on the back?.
Houseboat dwellers get to enjoy the water every day. We compiled a list of the coolest houseboats around the world to help inspire a purchase, including the 1907 Yankee ferry, with a chicken coop on the back.
A houseboat is a boat that has been built or altered primarily for use as a residence. Because they are frequently anchored, kept immobile at a certain location, and tied to land to provide utilities, some houseboats are not propelled. Many, nevertheless, are able to function using only their own power. These originally appeared not long after the initial European settlement.
But gentrified houseboats date at least as far back as 1888, when the Yesler Way cable car reached Leschi on Lake Washington and a string of opulent summer retreats—none of which are still standing—lined the shore from there north to Madison Park. From the beginning, they included floating slums of run-down shacks
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The question was incomplete. Check below the full question
Houseboat dwellers get to enjoy the water every day. We compiled a list of the coolest houseboats around the world to help inspire a purchase, including the 1907 Yankee Ferry, with what on the back?
1. a bar and stage
2. a muffin shop
3. a church
4. a chicken coop
Ranstech sells its product for $200. marginal cost is a constant $160 per unit and fixed costs are $67,000. what is the breakeven quantity?
The Break-even point is the point where a firm neither gains nor losses. The breakdown quantity is 1725 units.
The break-even point is the number of additional units a company must sell to cover the cost of marketing programs and other types of investments, says Avery. If as a result of his investment he does not sell an amount equivalent, the company will suffer a loss and will not be able to recover its costs.
Break-even quantity = fixed cost / contribution per unit
Where contribution per unit = states per unit - variable cost per unit.
Now according to the problem, the marginal cost per unit is a constant $ 140 per unit. Go, it will converge to the variable cost per unit. ince, there is no change in the cost of production per additional unit, so the variable cost is the same as the marginal cost.
The fixed cost is 103500
Break-even quantity = fixed cost / contribution per unit
= 103500/200 -140
= 10350/ 60
= 1725 units
And, the break-even revenue ig = $(1725 x 200) = $345000.
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What‘s the main reason our culture has normalized credit cards over the past 60 years? what can we do to change the normalization of debt in the future?.
One have gradually raised the market for expensive goods, so everyone now require credit cards rather than cash since it's risky to carry around, say, $500 in cash when you're going to purchase a clothes.
By educating students about debt avoidance strategies and the genuine costs of being in so much debt, we can prevent the normalisation of debt in the future. When a person receives a credit card, it is a payment card that enables them to pay for products and services from a merchant depending on their accumulated debt. A credit card is a financial tool that allows you to borrow money from a bank in the form of a credit limit, which you may use for little and major purchases alike.
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After zappos. Com identified the needs of its target customer segment, what two marketing actions did the company take to fulfill the needs of its target customer?.
Two marketing actions the company takes to meet the needs of its target customers are offering fast shipping and free returns and offering a large stock of shoes.
Marketing strategy is a way for a company to achieve its goals, because the potential to sell a proposition is limited to the number of people who know about it.
Marketing Strategy Objectives
To improve the quality of coordination within the marketing team.To measure marketing results based on applicable performance standards.To provide a logical basis for any decision making.To improve the ability to adapt in case of changes in marketing.Marketing Strategy Function
Increase motivation to think far ahead.More effective and targeted marketing coordination.Can formulate company goals to be achieved.Supervision of marketing activities is more effective on work performance standards.You can learn more about Marketing strategy here brainly.com/question/15585962
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A+stock+quote+indicates+a+stock+price+of+$60+and+a+dividend+yield+of+3%.+the+latest+quarterly+dividend+received+by+stock+investors+must+have+been+______+per+share.+multiple+choice+$0.55+$1.80+$1.25
0.55 would be the Dividend Yield as if calculated by
Dividend Yield= Price Per Share / Annual Dividends Per Share
What Is the Dividend Yield ?
A financial ratio (dividend/price) called the dividend yield, which is stated as a percentage, demonstrates how much a firm pays in dividends annually in relation to the price of its stock.
Price/Dividend, often known as the dividend payout ratio, is the counterpart of dividend yield.
The dividend yield is a projection of a stock investment's return on dividends alone. The yield will increase when the price of the stock decreases, assuming that the dividend is not increased or decreased. In the opposite scenario, it will decrease when the stock price increases. Because dividend yields fluctuate in relation to stock prices, they may appear disproportionately high for stocks that are depreciating rapidly.
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Why do people often want to insure fully against uncertain situations even when the premium paid exceeds the expected value of the loss being insured against?
Risk averse people have declining marginal utility, and this means that the pain of a loss increases at an increasing rate as the size of the loss increases.
If the price of insurance is up to the expected loss, (i.e., if the insurance is actuarially fair), risk-averse individuals will fully insure against monetary loss. The payment assures the individual of getting the identical income no matter whether or not a loss occurs.
Reluctant to require risks; tending to avoid risks the maximum amount as possible: risk-averse entrepreneurs. of or noting insured someone who invests in stocks, bonds, etc., with lower risks and customarily lower rates of return so as to minimize the likelihood of economic loss: risk-averse investors who keep on with government bonds.
Individuals and business entities choose insurance covers even when the anticipated loss is lesser than the premiums they pay to insurance companies due to the risk-averseness of most people. Risk-averse consumers always prefer insurance that's actuarially fair but not full to full insurance that's actuarially unfair - but the alternative is true for risk-loving consumers.
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Firm a typically sees a learning percentage of 85 percent in its processes. firm b has a learning percentage of 80 percent. which firm has the faster learning rate?
Firm B has the faster learning rate.
Why is learning rate important?
In general, a high learning rate makes a model learn faster at the expense of a less than optimal final set of weights. A smaller learning rate allows the model to learn a more optimal or overall optimal set of weights, but can take a significant amount of time to train.
What is a good learning rate?
The range of values to consider for the learning rate is less than 1.0 and greater than 10^-6. The traditional default value for the learning rate is 0.1 or 0.01, which is a good starting point for your problem.
What happens if the learning rate is too high?
If the learning rate is set too low, the network weights are updated very little, and training progresses very slowly. However, setting the learning rate too high can lead to unwanted and erratic behavior of the loss function.
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