management teams are similar to work teams because they focus on the accomplishment of core operational-level production and service tasks. require only part-time commitment from members. participate in managerial-level tasks that affect the entire organization. require a lot of input from members with different types of training and expertise. are designed to be relatively permanent.

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Answer 1

Parallel teams are composed of individuals from a number jobs who furnish guidelines to managers about vital problems that run "parallel" to the organization's production process.

Which of the five elements that have an effect on crew effectiveness is the most important?

In order of importance, these five factors are: psychological safety, dependability, shape and clarity, that means and impact. Let's smash these down. Let's start with psychological safety, which is the variety one factor that influences group effectiveness.

Why measurement of groups is one of the important factors that should affect the crew effectiveness?

The cause the measurement is so necessary that it is the center of attention of research research has to do with processes and outcomes. Too few human beings and the team may additionally not have adequate assets or skills. Too many humans and communication becomes extra challenging.

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When a company owner practices price discrimination, the marginal revenue of an extra unit sold.

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When a business owner uses price discrimination, the marginal revenue curve and the market demand curve are in line, therefore the marginal revenue is the same as the product's price.

The additional money made by selling one more unit of output is known as marginal revenue. The law of diminishing returns eventually leads marginal revenue to start dropping as output level grows, even though it can stay constant at a certain level of output.

The incremental cost or profit made when producing the following item is referred to as marginal. While marginal cost is the additional expense for producing one extra unit, marginal product is the increased revenue.

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if income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the apc is .

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If income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the apc is 0.8.

What is APC?

APC stands for Average Propensity to Consume that measures the percentage of income that is spent rather than saved. This may be calculated by a single individual who wants to know where the money is going or by an economist who wants to track the spending and saving habits of an entire nation.

How to calculate APC?
APC = C / Y
where C is total consumption = 30,000 - 6,000 = 24,000
Y is disposable income = 30,000

so let's use the formula
APC = 24,000/30,000
= 0.8

Therefore, you consume around 80% of your income.

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if the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer busy at all times. determine the number of concurrent consumers and the number of buffers needed when c

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If the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer. busy at all times.

What do you mean by Consumption?

Institutional units use up goods or services through the activity of consuming, which can be either final or intermediate. It is the utilization of products and services to fulfill personal or societal needs and desires.

We are attempting to synchronize more than one process in the Producer-Consumer dilemma, which is a classic multi-process synchronization challenge. In the producer-consumer conundrum, there is only one Producer who creates some goods, and there is only one Consumer who consumes those goods. The same fixed-size memory buffer is shared by both producers and consumers.

As a result, if the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer. busy at all times.

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Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called?.

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Bonds that can be redeemed at a predetermined dollar amount prior to maturity at the issuer’s discretion are referred to as callable bonds.

The purpose of issuing bonds, a sort of financial instrument for the firm, is to entice capital from investors. Bonds are fixed-income securities that give bondholders monthly interest payments and redeemed bonds at par value. Bonds may be sold for their face value, more, less, or none at all.Callable bonds are those that can be issued at the issuer’s discretion and have a call feature.These bonds are callable at any moment before to maturity for a predetermined sum of money.The answer is callable bonds because they are the type of bond that give the issuer of the bond the right to return the investor’s principal and stop interest payments before the bond matures. However, callable bonds typically come with restrictions on the call option, and they will only be advantageous to the bond issuer if the interest rate is anticipated to fall.

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What are the main factors to determine a currency?.

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When a country's inflation rate could be persistently low, the value of its currency rises. This was due to the currency's disposable income increasing relative with the other currencies that it is being compared.

Interest rates, trustworthiness, the checking account on balance of payments, wealth creation, and comparative inflation rates all influence exchange rates.

The value of a currency was determined by the aggregate supply as well as demand. A variety of factors influence supply as well as demand, namely interest rates, hyperinflation, capital flow, as well as money supply. Currency values are the most popular way to value currency.

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when two firms in one industry join together as one company in order to hold a greater share of the industry, it is referred to as

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When two firms in one industry join together as one company in order to hold a greater share of the industry, it is referred to as consolidation.

In technical analysis, consolidation describes an asset's oscillation between a well defined pattern of trading levels. Consolidation is a collection of financial accounting statements that represent (consolidate) a parent and subsidiary company as one entity.

Any time period's price charts can display periods of consolidation that last for a few days, a few weeks, or even several months. Technical traders look for support and resistance levels on price charts before using these levels to determine whether to buy or sell. A number of events, including as the release of news that is materially significant or the activation of a string of limit orders, can end a consolidation trend.

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What is the process by which goods, services, capital, people, information, and ideas flow across national borders?.

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The process of globalization is how concepts, information, expertise, goods, and services go across national and international borders.

What is globalization?According to the online course Global Business, globalization is the expansion of the flow of products, services, capital, people, and ideas across international borders.Professor Forest Reinhardt, who teaches Global Business at Harvard Business School, claims that "we live in a globalized age." In other words, national economies are linked to one another more closely than before.You need a firm grounding in the fundamentals of business globalization whether you're trying to learn more about your multinational company or considering expanding your operations abroad. What it means to be an international firm, things to think about while addressing the global business scene, and how to increase your knowledge are all covered in this primer.

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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.

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Monopoly profit will charge different when a monopolist goes from a single-price monopoly to perfect price discrimination.

Discrimination approach treating some humans differently from others. It is not illegal - after all, people are paid one-of-a-kind wages relying on their popularity and abilities. however, there are positive motives for which your company can not discriminate against you by regulation. If someone discriminates in a good way to satisfy a few other individuals' wishes, it's also discrimination.

An example of this is a landlord who refuses to permit a person with a sure incapacity to rent a rental because the alternative tenants do not want to have a neighbor with that disability. Discrimination takes place whilst people are dealt with less favorably than different humans are in a comparable scenario most effective due to the fact they belong or are looking as if it would belong to a positive organization or class of human beings.

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in a different video, wendy, co-owner of metropolitan bakery, outlines their clear-cut training program as an orientation, which includes three shifts with a seasoned associate, scripts, quizzes, follow-up quizzes, and constant check-ins. what kind of performance appraisal would be especially effective with this training program?

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A performance appraisal that emphasizes the developmental appreciation of individual performance achievements would work particularly well with this training program.

What exactly is a performance appraisal?

The term "performance appraisal" refers to the routine assessment of a worker's output and overall contribution to a company. A performance assessment, sometimes referred to as a yearly review, performance review or evaluation, or employee appraisal, assesses the abilities, successes, and growth—or lack thereof—of an employee.

Performance reviews are used by employers to provide employees with comprehensive feedback on their work and to support choices on salary raises, incentives, and termination. Although they can be carried out at any time, they usually happen annually, semiannually, or quarterly.

Differentiating between individual and organizational performance in performance reviews can be challenging. It can be harmful if an evaluation's design doesn't take the organization or company's culture into account. Employees said they are generally unhappy with their performance review procedures.

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emily's grandma wants to sell her house but doesn't want to move. under which type of agreement can she live there till she dies (rent free)?

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Life estate is when the creator of the life estate (the granter) signs a life estate, they are in effect passing part of the ownership of a home to another person.

What is Life estate?A sort of formal joint ownership of a piece of property is created via life estates. Let's take the scenario where a mother wishes to leave her house to her son after she passes away. To facilitate the deal, she chooses to use a life estate.She would create a life estate for her house, making her son the remainder man (also known as the beneficiary) and herself the life renter. She is responsible for paying the property tax and insurance and is free to stay in her home for the rest of her life if she so decides.Even while it seems like not much has changed, it has. The mother no longer has complete control over her home because she is a life tenant. For major changes like selling it or getting a mortgage, she will need her son's approval. It's the same with refinancing. Because of this, refinancing is simpler before you begin the estate planning process. It's critical for her to make sure it's the best decision for her family because she cannot cancel the life estate without his permission.The remainder man (her son), also known as the remainder man, would receive the house title immediately after she passed away. The only action required to transfer ownership would be to file her death certificate; there would be no need to go through the probate process.Remember that there will be estate tax to pay to the IRS if the overall worth of the estate exceeds a particular amount. The estate's assets will be used to pay the tax due.

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what is the goal of operations management in service industries? multiple choice question. to create jobs for the local community

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The goal of operations management in service industries is to making employees' life as easy as feasible will enable them to work as productively as possible.

Making employees' life as easy as feasible will enable them to work as productively as possible, according to a service industries manager. It's crucial that the business do this part right. Regardless of the industry or size, supply chain management is crucial for a company's overall performance.

The everyday operational decisions that service management must make are complicated by several varying factors.

The day-to-day management of a service organization is under the purview of service industries managers. They must make sure that clients are happy with the outcomes and that the organization's services are provided properly and efficiently. The primary distinction between service operations and operations management is that the former is focused on providing customer service.

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athena, a sales representative, was terminated from her position at ross manufacturing. on athena's last day of work, she was given a check for $5,000. what did athena most likely receive from ross manufacturing?

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Athena a sales representative most likely receive severance pay from Ross Manufacturing

The compensation and/or benefits that an employer offers to a former employee after their employment ends are known as severance pay. Extended benefits like health insurance and outplacement support to aid an employee in finding new employment may be included in severance packages.

Severance pay is not mandated by the Fair Labor Standards Act (FLSA). Every owner and a worker (or the employee's representative) must agree on the terms of severance pay. In addition to other things, severance agreements may forbid an employee from working for a rival company and waive the right to file a lawsuit against the former employer.

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of the four sources of external funding for nonfinancial businesses, the least often used in the u.s. is

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Of the four sources of external funding for nonfinancial businesses, the least often used in the U.S. is D) stocks.

Together, stocks and bonds account for less than half of the external funds. Stocks are only a minor source of funding for their operations. In comparison to Germany and Japan, marketable securities make up a bigger portion of external corporate financing in the United States.

To encourage the dissemination of information to shareholders, depositors, and the general public is one of the goals of financial market regulation. Loans from banks and other financial intermediaries make up about 56% of the total external funding sources for nonfinancial enterprises in the United States.

Companies can sell equity (stock), commercial paper, longer-term bonds, and loans from banks and nonbank financial institutions to meet their demands for external finance. The majority of those money ultimately originate from loans, bonds, or stock, however they can also get trade credit from suppliers and customers.

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Correct question:

Of the four sources of external funding for nonfinancial businesses, the least often used in the U.S. is

A) bank loans.

B) nonbank loans.

C) bonds.

D) stock.

wayne sells fire protection systems to companies and government agencies. he has a yearly sales goal and receives a percentage of this goal for each system he sells; the more he sells, the more money he makes. how is wayne being compensated? multiple choice question.

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If Wayne sells fire protection systems to businesses and government agencies, Wayne will be paid via a commission structure.

A government or state agency, occasionally an appointed commission, is a permanent or semi-permanent organization in the legislative and government agencies executive branches of government that is in charge of supervising and managing particular tasks, like administration. There is a noticeable range in the types of agencies. Despite variations in terminology, a government agency is typically distinct from a commission department or ministry as well as other categories of public bodies created by the government. The roles of different types of commission organizations (like commissions) are typically established in an advisory capacity, so an agency's duties are typically of an executive nature. Although this distinction is frequently blurred in practice, it is not permitted.

A federal system allows for the creation of government agencies by both the federal government and state governments. Legislation or executive authority can both be used to create agencies. government agencies also have varying degrees of autonomy, independence, and accountability.

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Mr Brown owned a sole proprietorship business for the last ten years. He has now decided to expand his business and move from a sole trader business to a partnership business with five of his friends.

Explain THREE benefits Mr. Brown will receive from moving from a sole trader to a partnership​

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The benefit of Partnership over sole proprietorship is that

better managementmore capital is available for the businessgreater borrowing capacitymore availability of resources

What is Partnership?

By definition, a partnership business consists of two or more individuals who pool their resources to start a company and agree to divide the risks, gains, and losses. Some of the examples of partnerships firms are law firms, medical groups, real estate investment firms, and accountancy groups.

What is Sole-Proprietorship?

A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also known as a lone tradership, proprietorship, or individual entrepreneurship.

With this we can say a partnership brings more resources, profits, and heads for better management.

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if a model contains uncertain outputs, it can be very misleading to build a deterministic model by using the means of the inputs to predict an output. this is called the:

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If a model has uncertain outputs, building a deterministic model by utilizing the means of the inputs to predict an output can be very deceptive. This is known as the flow of averages.

Deterministic model: what is it?

No matter how many times you recalculate a deterministic model, you always get the exact same outcomes for a given set of inputs. The mathematical features, in this case, are known.

There is only one set of particular values, no none of them is random, and there is only one solution to any problem. A deterministic model has uncertain variables that are outside of the model.

What Distinguishes Deterministic from Stochastic Models?

Stochastic models, in contrast to deterministic models, which yield identical results for a given set of inputs, present data and forecast results that take into account varying degrees of randomness or irrationality.

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Sarah is concerned about identity theft. She wants to check her overall credit worthiness. Sarah should most likely.

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She should call her bank to report her card as lost or stolen. check her credit history from a credit reporting agency. Think about similarities and differences between debit and credit cards.

The ability for people to have the resources and power to realize their potential is known as agency. Structure, for instance, refers to the influences (such as social class, religion, gender, ethnicity, ability, customs, etc.) that shape or constrain agents and their choices. For the sake of clarity, we can broadly classify the various types of agency that offer marketing and communication services to businesses into three groups: creative, marketing, and advertising. Credit is the trust that enables one party to give money or resources to another party, with the understanding that the second party will not immediately pay back the first party. Credit is the capacity to borrow money or to access goods or services with the understanding that you will pay back the provider later.

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the set of principles, concepts, and practices that lead to the development of a high quality system or product is known as:

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The set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

What is a Software design?Software development includes the development of a high-quality system or product, design concepts and processes, and a set of guiding principles. Design work is established by design principles. The use of design practices results in a variety of software representations being made.The process of imagining and specifying software solutions to one or more sets of issues is known as software design. Software requirements analysis is one of the key elements of software design (SRA). The software development process includes a step called SRA that has a collection of requirements applied to software engineering. We use five steps in the software design process at its most fundamental level: research, ideation, design, development, and iteration.

Therefore, the set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.

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kenneth wants to run a marathon in less than 3 hours. he made a schedule that should allow him to spend the minimum amount of time training while still improving his speed and endurance. kenneth is following his plan, but his running time is not improving. kenneth is

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Kenneth is efficient but not effective as he wanted to finish the marathon within 3 hours and made a schedule for consuming minimum time in training while improving speed and endurance, He's not able to improve his speed after following his plan.

Efficient and effective seems a similar word giving sort of overlapped meaning i.e., capable of producing a result. However, both have a thin line between them. Being efficient means doing something in the best possible manner with the least waste of energy, time, and effort (doing things right). Whereas Effective means adequate enough to produce desired outcomes (doing the right things).

Kenneth tried to minimize training time in order to finish off early, however, he has ignored the effective process of doing the right things i.e., working on speed and endurance is absent.

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true or false: generally, peers are more willing to participate in reviews to be used for employee development.

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Peers are more willing to participate in reviews to be used for employee development.

The person being reviewed is impacted by peer performance reviews. Peer performance refers to a review of an employee's performance that is made by the employee's coworkers in the same workplace who have seen the employee's work performance and qualifications and are able to offer helpful criticism. Superiors and subordinates are not included in peer evaluation.

Ratings are frequently susceptible to partiality due to friendships or rivalries. It's seen as one of the drawbacks of employing peers to evaluate performance. Peers are reluctant to rate employees for decisions that might have an impact on them when they are used to justify administrative judgments. Peers are typically more open to taking part in reviews that are intended to aid in employee growth.

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your market consists of a specific group of consumers who are interested in your product, have access to it, and possess the means to buy it

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your target market consists of a specific group of consumers who are interested in your product, have access to it, and possess the means to buy it

A target market is an identifiable group of people who share particular qualities and to whom a company offers its goods or services. Target markets assist businesses in thoroughly understanding their potential customers so they can develop marketing strategies that support their business and marketing goals.

By identifying their target market, marketers may concentrate on the people who are most likely to buy their products. Research and funding are concentrated on the clients who, through reducing the population, have the greatest chance of success.

Choosing a target market has the straightforward goal of concentrating marketing efforts by having a thorough understanding of the potential buyers of a good or service. Businesses can create marketing strategies that appeal to and reach their target market by having a deep understanding of their target market.

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which statement about flsa requirements for overtime pay is accurate? group of answer choices overtime must be paid whether or not the employer specifically asked or expected the employee to work the extra hours. everyone is eligible for overtime pay. time worked includes hours spent on production or sales, but not on activities such as attending required classes, cleaning up the work site, and so on. most workers paid on an hourly basis are exempt and therefore not subject to the laws governing overtime pay. the overtime rate is one and a half times the employee's hourly rate, excluding any bonuses or piece-rate payments.

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Option A. The option that tells us the requirements that are needed for overtime pay is that  Overtime must be paid whether or not the employer specifically asked or expected the employee to work the extra hours..

What is meant by overtime pay?

The remuneration you receive for working past the regular working hours is referred to as overtime pay. For instance, if your typical workweek is 40 hours and you are qualified for overtime compensation, working 50 hours in a given week entitles you to 10 hours of overtime pay. Your weekly income and the number of hours you work determine whether you are eligible for overtime.

Numerous variables affect how overtime pay functions. Some workers might not be entitled to overtime compensation. The number of hours you put in and the amount you are paid each week both affect your eligibility. Here are some things to think about:

Comparing exempt and non-exempt workers

There are two categories for employees: exempt and non-exempt. In the United States, exempt workers are not permitted to work overtime for their employers, which prevents them from receiving overtime compensation to which they might otherwise be entitled under the Fair Labor Standards Act (FLSA). Professionals who earn at least double the local minimum wage are included in this group.

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On january 1, lorraine, inc. , entered into a lease contract. The lease contract was a ten-year lease for a computer with $11,000 annual lease payments due at the end of each year. Lorraine took possession of the computer on january 1. The present value of the lease payments under the lease contract is $79,823. The lease contract is a finance lease. Prepare the journal entry for this lease on january 1.

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General journal entries are recorded immediately in the frequent ledger, and no longer via a specific module or automatically as invoices or money receipts are processed. An example is an entry to record depreciation expense.

What is the easiest way to research journal entries?

An easy way to understand journal entries is to assume of Isaac Newton's third law of motion, which states that for each and every action, there is an equal and contrary reaction. So, on every occasion a transaction takes place inside a company, there have to be at least two accounts affected in contrary ways.

What is primary journal entry?

A easy journal entry is an accounting entry in which simply one account is debited and one is credited. The use of easy journal entries is stimulated as a excellent practice, on account that it is simpler to recognize these entries.

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Gloria has a coffee shop and has been in business for years. She has many customers that are regulars, but she's looking to acquire more. So far, she has signs around the neighborhood, a tv commercial, an ad in the newspaper, and coupons sent to everyone in the area. Which form of advertising can she utilize now that she hasn't already?.

Answers

Since she hasn't done so already, Gloria can now use radio advertising.

What exactly do you mean by marketing?Advertising is defined as a tactic used to draw the public's attention to a certain commodity or service.In order to catch their attention, encourage interaction, and increase sales, advertisements are used to introduce a viewership to a product, brand, or service.Consumers are introduced to new goods, services, and concepts through advertising.In this instance, it alludes to the launch of products and the pursuit of mass consumers.Marketing communications like advertising are used to sell or advertise a company's products or services.The Latin root of advertising means "to bring attention to." The act of acquiring commercial time on well-known radio stations to advertise your goods and services is known as radio advertising.Your company and others like it pay for every second of airtime, and the station plays your radio advertisements for its listeners.

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Answer:

B. Radio

Explanation:

It's the only answer that would make sense.

coby owns a chain of doggie daycare centers and wants to open a new location. what would be his most important consideration when determining where to build?

Answers

One of the key factors in choosing when to build will be the possibility to use a single provider for pet supplies.

A lone source buy occurs when, to the best of the requester's knowledge and belief, based on careful study, only one supplier is capable of providing the requested good or service.

Doggie daycare centers have a lot of room for expansion. Customers require pet food, therefore since their product demand is inelastic, they can anticipate a steady revenue stream that is necessary for growth. A pet shop may even start to gain favor as a neighborhood supplier.

They also offer a space for you to browse, which can help you learn about new items, inspire fresh ideas for how to make your pet's life better, or even help you decide whether pet ownership is right for you.

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dollar co. sold merchandise to pound co. on account, $25,500, terms 2/15, net 45. pound co. paid the invoice within the discount period. what is the amount of sales from the above transactions? group of answer choices

Answers

The sales amount to be recorded for the transaction is $25,500

The perpetual method and the periodic method are both ways of keeping inventory records. The accounting entry for sales will be made as the sale is made and will consist of two entries: one for the cost of goods sold and one for the sales revenue account.

The sales were on account for $25,500 and assumed to be booked on gross value, and will be debited to accounts receivable and credited to Sales revenue. The sales discount is 2% paid within 15 days of the invoice date and will be debited to the sales discount and credited to accounts receivable

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as an investor studying the gold standard, kareem knows that he would need more than 1,500 euros to purchase one ounce of gold. these euros represent the

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Kareem understands that he would require more than 1,500 euros in order to buy one ounce of gold as an investor researching the gold standard. The gold par value is represented by these euros.

How is the gold standard implemented?

In a par value system, member nations fix the value of their national currencies in relation to gold or the US dollar.

The "gold standard" is a monetary system that directly correlates the value of a country's currency or paper money with the price of gold. Under the gold standard, nations agreed to exchange paper money for a specified quantity of gold. In a country that follows the gold standard, the price of gold is fixed, and gold is bought and sold at that price.

Why is there no longer a gold standard?

Due to its tendency for volatility and the restrictions it placed on governments, the gold standard was abandoned. By maintaining a fixed exchange rate, governments were prevented from implementing expansionary policies to, for example, lower unemployment during economic downturns.

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hector and his team work for an educational publisher. the team has to write a report comparing the textbooks of three competitors. who would be the best person to polish the final version of their report so it has a consistent voice?

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The correct answer is Lin, who has four years of experience as an educator in an education field.

Companies that publish products specifically for educational markets, such as schools, colleges and universities, training programmes, etc., are known as educational publishing companies. Textbooks, abstracts and indexes, study materials, etc. may fall under this category.

Learning materials created by educational publishers are suitable for their intended use, based on research and testing, and created to encourage academic success. They are also modified to meet the changing needs of students and teachers.

The group should thoroughly define the duties and expectations members have for one another early on in the group writing process. Make sure to include in this discussion an equitable distribution of time and contribution obligations.

As the group makes its plans, it should designate subject-matter experts and assign responsibilities for conducting research and writing. Because of his background as a teacher, Lin would be given the task in this case of analysing the competition's instructional strategies.

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which types of stores are characterized by specialty goods for which customers need assistance and higher operating costs that are passed along to customers as higher prices?

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Full service stores re characterized by specialty goods for which customers need assistance and higher operating costs that are passed along to the customers as higher prices.

What are operating costs?

Operational costs, also known as operating expenses, are costs incurred in order to maintain a facility, a device, a component, or a business. They represent the price a company pays for the resources it needs to use just to stay in business. The price of resources used by a company just to continue to exist is what is referred to as overhead costs in business. Although non-monetary overhead is less common and typically takes the form of the time needed to complete tasks, it is still possible. It's the regular, usual, and customary recurring costs of operating the equipment in the case of a device, component, piece of equipment, or facility. Capital expenses for building or purchasing the equipment are not included in this.

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Wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. This is an example of.

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Wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. This is an example of barter.

Advertising is the practice and technique used to attract attention to a product or service. Advertising aims to bring a product or service to the fore in the hope of capturing the attention of consumers.

Brand advertising is a form of advertising used to create awareness of a brand, product, or service in order to build customer identity and loyalty. It can use all the popular advertising techniques, such as social media advertising or search engine advertising. Advertising is a marketing tactic that involves paying for space to promote a product, service, or cause. The actual promotional messages are called advertisements or advertisements for short. The goal of advertising is to reach people who are most likely to be willing to pay for a company's product or service and entice them to make a purchase.

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