Free cash flow is the cash available to a company, it is important because it allows the company's needs to be met.
What is free cash flow?As we have already mentioned, it is all the money coming from a company's cash, that is to say, it is the amount of liquid money that an entity has with which it can make quick purchases or pay its suppliers.
The free cash flow is of great advantage because it helps companies to quickly solve any inconvenience that may arise, that is why it is considered necessary to manage cash within companies.
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unplanned project adjustments in response to the problems detected via project monitoring follows a four step apprach explain these four
Initiation Performing a feasibility study - Identifying the major problem that your project will address and if it will provide a solution to that problem determining scope.
unplanned issues are eliminatedWhen unanticipated difficulties are minimized, there is a greater likelihood that the project will be finished on schedule and with the desired results. There are various approaches used by project managers and other important stakeholders to evaluate project performance. Once your objectives have been broken down into major tasks, you must determine how you will measure the outcomes of these activities as well as the overall impact of your project. This is known as monitoring, and it should begin at the start of the project.
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when using goal-setting theory to motivate employees, managers should set general goals that are emotionally appealing. set goals that are easily achievable. hold employees responsible for getting feedback. help workers understand and accept the goals.
When using goal-setting theory to motivate employees, managers should help workers understand and accept the goals. The appropriate response is option D.
What is goal-setting theory ?In accordance with goal-setting theory, productivity may be increased by defining explicit, quantifiable goals. You may boost employee engagement while also enhancing employee performance in the workplace by implementing the goal-setting principle.
Goal setting theory is a strategy for increasing incentives for workers to do tasks quickly and efficiently. Setting goals boosts motivation and effort, but it also raises and improves the caliber of feedback, which boosts performance.
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Rule-based controls are least appropriate in organizations with which one of the following characteristics?
Select one:
a. Environments are stable and predictable.
b. Employees are highly skilled and independent.
c. There is consistency in product and service.
d. The risk of malfeasance is extremely high.
In firms with this specialty, where individuals are highly competent and independent, rule-based controls are least suited.
With the rule-based paradigm, a security expert or system administrator creates access control rules that, regardless of an employee's existing rights, can grant or prohibit user access to particular regions.
RBC techniques use a set of predetermined rules to regulate the system. They primarily manage the temperature in HVAC subsystems by using higher and lower set points to control operations within predetermined parameters.
An administrator may specify access times for the typical business day in a rule-based access control setup, for instance. In this case, a person cannot enter your building after 9:00 AM and before 5:00 PM.
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In 2012, the Bureau of Labor Statistics (BLS) announced that of all adult Americans, 142,496,000 were employed, 12,506,000 were unemployed, and 88,310,000 were not in the labor force. What is the adult population? 12,506,000 243,312,000 155,002,000 142,496,000
The adult labor force is (b) 243,312,000, this is the total labor force that is available in America in 2012.
What is Labor?Labor is a person who works for the wage, the labor force is counted by the country to ensure the job demand and supply statistics.
In 2012 the total number of labor was 243,312,000 (142,496,000 + 12,506,000 + 88,310,000), adding the three figures for employed, unemployed and those who are not in labor force.
The labor that is employed can be retired and their position may become vacant, but the unemployed needs a vacancy and is willing to have, the statistics shows that the unemployed people are few as compared to the employed which suggests that there is a job requirement by people which can be fulfilled by the government.
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Economic resources are also known as "factors of production." True False
True. Economic resources, also known as factors of production, refer to the inputs that are used to produce goods and services. These include land, labor, capital, and entrepreneurship. Economic resources are used to create value and wealth in an economy by transforming raw materials into finished products that can be sold to consumers. Factors of production play a critical role in the production process and are essential for a functioning economy.
The manager of the Ramona Inn Hotel near Cloverleaf Stadium believes that how well the local Blue sox professional baseball team is playing has an impact on the occupancy rate at the hotel during the summer months. Following are the number of victories for the Blue Sox (in a 162 game schedule) for the past 8 years and the hotel occupancy rates: | Year Number of Blue Occupancy Rate Sox Wins (%) 83 70 78 85 86 75 85 87 90 89 93 92 7 87 8 91 Develop a linear regression model for these data, and forecast the occupancy rate for next year if the Blue Sox win 88 games. In addition, calculate r and r2 and interpret each one. Is this a good forecasting method for the given data?
The equivalent units of production for conversion costs are 16,000 units. Equivalent units are typically calculated for two types of costs: direct materials costs and conversion costs (which include labor and overhead).
To calculate the equivalent units of production for conversion costs, you need to determine how many units are completed during the period and how much of the ending work in process inventory is considered equivalent to a completed unit. Equivalent units are a measure of the work done on units in a production process during a specific period. They are used in process costing, which is a method of assigning costs to units of production based on the amount of work done on those units during a specific period.
First, find the number of units completed during the period by subtracting the beginning work in process inventory from the units started and added during the period:
180,000 units - 60,000 units = 120,000 units.
Next, determine the percentage of the ending work in process inventory that is considered equivalent to a completed unit by subtracting the percentage that is complete as to materials from 100%. In this case, the percentage of the ending work in process inventory that is equivalent to a completed unit is 100% - 60% = 40%.
Then, multiply the number of units in the ending work in process inventory by the percentage that is considered equivalent to a completed unit to find the equivalent units of production for conversion costs: 40,000 units * 40% = 16,000 equivalent units.
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Which one of these will most likely require a specialized inspection?
A professional inspection of the structural components is most likely required.
What are the four different sorts of inspections?There are four types of quality inspections in quality control: pre-production inspection, during production inspection, pre-shipment inspection, and container loading/unloading inspections. Each of these sorts of inspection has a distinct purpose. If you want a formal assessment of a number of specific threats and home features, you need normally consult with a specialist. Some of the most typical specialty inspections are for radon, lead, and pests. Some generalists have greater training and provide specific things for a fee. Special inspections are tests and observations of materials, fabrication, construction, or placement of important components and linkages to the structural integrity of the building as indicated in the Statement of Special Inspections.
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Which of the following is an example of derivative securities Mcq?
Derivative securities include, for instance, mortgage-backed securities. A credit facility whose value is based on the value of some other asset is referred to as a derivative security.
How do mortgage-backed securities operate and what are they?Mortgage-backed securities (MBSs), a subset of asset-backed securities, are created by combining just mortgages. A mortgage-backed securities is effectively a loan to homebuyers from the investor who purchases it. A broker can be used to purchase and sell MBS.
How dangerous are securities backed by mortgages?MBSs often provide yields that are greater than those of U.S. Treasurys, they also have hazards. Reinvestment risks, prepayment risks, and also the risk of negative convexity are a few of these. Because they are secured and backed by low-risk debt, MBS have the benefit for inherent security.
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which of the following regions is the smallest percentage of the work force engaged in primary activities?
North America of the following regions is the smallest percentage of the work force engaged in primary activities.
Primary activities are those that make up an organization's unique and essential expertise in its value chain. Each organization determines how to distinguish between primary activities and support services, and this distinction needs to be updated regularly. People who live in North America are involved in a variety of economic activities, including farming, fishing, animal husbandry, industries, and services. Extraction-based industries, like mining and drilling, dominate the region's economy. Millions of jobs and billions of dollars are generated by mining across the continent. In the countries of the Caribbean and Central America, agriculture is particularly important, Manufacturing. The manufacturing industry in North America has expanded as the region has grown, Service, banking and investing, Tourism.
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all of the following are factors that led to the poor financial condition of the bakery barn, except
Answer:he started baking cookies for other companies
Explanation:
Marketing is an important part of a firm's overall strategy. Therefore, it is important that
The benefit of marketing for a business can be regarded as the act of engaging consumers and influencing their choice to purchase your goods or services.
What is the importance of marketing?Some of the primary importance of marketing are enlisted below :
1.Engaging Customers Through Marketing: It's critical for your company to involve its customers. Marketing is one strategy for keeping the dialogue going. Engaging customers is distinct from pushing your offers. You may engage your consumers by providing them with relevant information about your products and business.
2. The growth and longevity of your company are positively associated with its reputation. Marketing Aids in Developing and Maintaining the Company's Reputation. So it's true to say that your reputation determines your brand equity. The bulk of marketing campaigns attempt to strengthen the company's reputation.
3. Marketing Aids in Relationship Building with Customers: Businesses must develop a rapport with their clients based on trust and mutual respect. Marketing research segments should be developed based on consumer behaviour, psychographics, and demographics.
4. Clients are Informed Through Marketing: Through marketing, you may let your customers know about the goods and services you have to offer. Through marketing, consumers learn about the value of the products, how to use them, and other information that may be helpful to them. It strengthens brand recognition and sets the business apart.
5. Marketing works to increase sales by using a variety of strategies to advertise your goods and services. After being advertised, a product is already available on the market, increasing your chances of selling it. Before determining whether to purchase your products or services, customers might want to try them out.
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the goal of this activity is to challenge your knowledge of the forces for change outside and inside the organization.
Internal forces of change originate from within the organization and are related to how the organization operates internally. low satisfaction, the introduction of a new mission, and new leadership are a few examples.
A firm, institution, or group that consists of one or more individuals and has a specific goal is known as an organization (Commonwealth English; see spelling variations). The word is derived from the Greek word organon, which also refers to an organ and several tools or instruments. A wide range of legal entities exist, including companies, governments, non-governmental organizations, political groups, international organizations, armed forces, charities, for-profit businesses, partnerships, cooperatives, and educational institutions, among others. A hybrid organization is one that performs public functions and creates commercial market activity concurrently in the public and private sectors.
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___views consumers as capable of decoding and interpreting the media as they see and hear to suit their own unique needs and lives
Audience power theory views consumers as capable of decoding and interpreting the media as they see and hear to suit their own unique needs and lives.
Audience power theory :The audience theory offers explanations for how individuals encounter, consume, and are affected by media. Although the idea of an audience predates media, the majority of audience theory is focused on how people interact with various media. There are numerous explanatory frameworks, not just one audience theory. Depending on the phenomenon they attempt to explain, they may have their roots in the social sciences, rhetoric, literary theory, cultural studies, communication studies, or network science. Additionally, audience theories can be presented at many levels of analysis, from individuals to huge groups or networks of people.
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which of the following statements regarding informational control are correct? (check all that apply.)
Informational control deals with internal and the external strategic context, reviews goal in the context of the current environment and considers assumptions that create the basis for an organization's strategy.
Give a brief account on management.Whether it's a company, a nonprofit, or a government agency, management (or managing) is the administration of the organization. It can be regarded as both the science and the art of managing the resources of the company.
Setting an organization's strategy and organizing the work of its staff (or volunteers) to achieve its goals through the use of resources such as financial, natural, technological, and human resources are all included in management. The phrases "run the business" and "change the business" are used in management to distinguish between the continued provision of goods or services and their adaptation to meet the shifting needs of customers. Another group of people who fit under the category of "management" are managers.
Hence, option (d) is the relevant answer choice.
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The complete question is mentioned below :
Which of the following statements regarding informational control are correct? (check all that apply.)
-It deals with internal environment and the external strategic context
-It reviews goal and strategies in the context of the current environment
-It considers assumptions that create the foundation for an organization's strategy
-All of the above.
____ refers to the delivery of a good to another individual with the exception that at some point in the future there will be an equivalent return.
Balanced reciprocity refers to the delivery of a good to another person with the exception that at some time in the future there will be an equivalent return.
Balanced reciprocity occurs when an exchange is made with the expectation that individuals who give an amount will get the same or equivalent in return. Balanced reciprocity obligates the receiver to return, within a specified time limit, items/elements understood to be of equal value or worth. When it is expected that a gift of equal value will be received from someone to whom a gift was given before, represents an example of balanced reciprocity.
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When an economy is at full employment, which of the following will most likely create demand-pull inflation in the short run?
A decrease in the real rate of interest, is correct answer.
When an economy is at full employment, A decrease in the real rate of interest will most likely create demand-pull inflation in the short run.
What is demand-pull inflation?When demand for goods or services grows faster than the supply of those goods and services, the outcome is demand-pull inflation.
Demand-pull inflation is when there is an increment in assemble demand, and the supply stays the same or decrement. When supply cannot meet increasingly demand, prices for goods and services are exerted higher.
A decrease in the real rate of interest, is correct answer.
When an economy is at full employment, A decrease in the real rate of interest will most likely create demand-pull inflation in the short run.
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As mentioned in the text, knowledge of financial statement analysis using ratios is a component of several professional certifications, including the CPA, the CFA, and the _ ?A) CFE (Certified fraud examiner)B) CISA (Certified Information Systems Auditor)C) CMA (Certified Management Accountant)
As mentioned in the text, knowledge of financial statement analysis using ratios is a component of several professional certifications, including the CPA, the CFA, and the CMA (Certified Management Accountant)
Any number used to assess a company's performance is defined as what?
An objective gauge of performance that you have determined to be significant is a key performance indicator (KPI). They are frequently used in business to monitor the advancement of objectives. KPIs are a tool for measuring performance at various strategic levels.
Ratios of Solvency Solvency ratios, also known as financial leverage ratios, compare a company's debt levels with its assets, equity, and earnings to assess the likelihood that a company will survive over the long term by repaying both its long-term debt and the interest on its debt.
Therefore, CMA (Certified Management Accountant) has a knowledge of financial statement analysis.
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the process of borrowing in a foreign currency and lending in a domestic currency can lead to bankruptcy if ____.
The process of borrowing in a foreign currency and lending in a domestic currency can lead to bankruptcy if the value of the domestic currency is low.
What is bankruptcy?Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor.
A person or business may file for bankruptcy if they are unable to pay their debts or other commitments.
For seven to ten years after filing for bankruptcy, it will still show up on your credit record, making it harder for you to open new credit card accounts and get accepted for low-interest loans.
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a sublease will be held to be valid if the landlord accepts rent over a period of time from a subtenant.
Unless your landlord expressly forbids it in the written lease, you can sublet if your lease is for a fixed period of time, such as a year.
Unless your landlord expressly forbids it in the written lease, you can sublet if your lease is for a fixed period of time, such as a year. An existing lease can be extended to a new party through a sublet or sublease arrangement. It can happen with any new person being added to a lease, but it typically happens when the new person (subletter) replaces someone who is moving out (sublessor or sublessee).
The same rental laws and lease regulations that apply to a traditional lease also apply to a sublease because it is a legally binding agreement. In Wisconsin, verbal rental agreements are permitted, but a written sublease is required. If not, the arrangement is a distinct kind of lease situation, and different restrictions may be in effect.
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Aggregate Demand Shifts 2 LRAS SRAS Inflation rate, AD5 3% Real GDP growth rate Refer to the figure. Suppose the economy is initially at point A in the diagram. If a decrease in investment spending causes a shift of the AD curve from AD1 to AD2, then the government can avoid a short-run recession by: increasing taxes so that the AD curve shifts back to AD1
increasing taxes so that the AD curve shifts further in to AD3 increasing government spending so that the AD curve shifts back to AD1. increasing government spending so that the AD curve shifts further in to AD3
The government can avoid a short-run recession by increasing government spending so that the AD curve shifts back to AD1.
What occurs during a recession in the short run?Every economy experiences short-term declines and increases in GDP as it enters or emerges from a period of recession. In the short term, a recession can be brought on by factors such as rising interest rates, which discourage borrowing and investment, declining real wages, declining consumer confidence, a credit crunch, which reduces bank lending and, in turn, discourages investment, and a deflationary period.
Too much money chasing too few products is the underlying cause of inflation. There is nothing that fiscal or monetary policy can do to alter the supply of products in the economy in the short run; it is more or less fixed.
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The complete question is attached below:
Plains States Manufacturing has just signed a contract to sell agricultural equipment to Boschin, a German firm, for €1,250,000. The sale was made in June with payment due six months later in December. Because this is a sizable contract for the firm and because the contract is in Euros rather than dollars, Plains States is considering several hedging alternatives to reduce the exchange rate risk arising from the sale. To help the firm make a hedging decision you have gathered the following information. • The spot exchange rate is $0.8924/€ • The six month forward rate is $0.8750/€ • Plains States’ cost of capital is 11% • The Euro zone 6-month borrowing rate is 9% (or 4.5% for 6 months) • The Euro zone 6-month lending rate is 7% (or 3.5% for 6 months) • The U.S. 6-month borrowing rate is 8% (or 4% for 6 months) • The U.S. 6-month lending rate is 6% (or 3% for 6 months) • Plains States’ forecast for 6-month spot rates is $0.91/€ • The budget rate, or the lowest acceptable sales price for this project, is $1,075,000 or $0.86/€ a. If Plains States chooses not to hedge their euro receivable, the amount they receive in six months will be __________. b. If Plains States chooses to hedge its transaction exposure in the forward market, it will __________ €1,250,000 forward at a rate of __________. If Plains States chooses to hedge its transaction exposure in the forward market at the available forward rate. How much will it receive in 6 months? c. Plains States could hedge the Euro receivables in the money market. If it chooses the money market hedge, how much would it receive in six months assuming Plains States reinvests the proceeds at the U.S. investment rate?
Given that the expected spot rate for the next six months is $0.91/€, they will get $1,137,500 (1,250,000*0.91). If hedged using the forward market, it will get $1,093,750 (1250000*0.8750) after 6 months.
Is the FDIC insuring money market accounts?Money market mutual funds are not FDIC insured, but money market accounts are. You'll discover that a money market is a form of savings account that frequently contains certain checking account characteristics, such as check-writing rights and a debit card, when you compare it to a savings account.
Briefing:The money that has been placed in the US will mature at the end of the sixth month. These calculations are made:
amount of Euros to be borrowed : 1,250,000/1.045 = €1,196,172
Convert the Euros borrowed in to Dollars using spot rate: 1,196,172*0.8924 = $1,067,464
Invest Dollars for 6 months at lending rate of U.S(6%) and it realizes to: 1,067,464*1.03 =$1,099,488
At end of 6th month the loan borrowed in Euros will mature to €1,250,000 payable and the sale proceeds are used to pay it.
Therefore the amount realized will be $1,099,488.
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given the following information, is purchasing performing well in buying iron castings? sept 20, 2015 dec 31, 2015 price paid to supplier $52.50 $53.20 % increase
The PPI has risen by 0.236% since the previous time frame. This indicates a 0.236% increase in the average price on iron castings. However, the team had to pay 1.333% more.
What is the average price?The typical price of a security or item as seen over a length of time is really the average price. Average price (VWAP) is generated on an instantaneous basis by finding the basic mathematical average the price movement over a given time period.
How is the average coin price determined?You must establish an estimated cost with all goods in order to determine the cost basis utilizing the ACB method. To determine this, add up all of the money you spent purchasing your asset, then divided it into the total.
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Suppose a monopolist is at the profit-maximizing output level. If the monopolist sells another unit of output: a. both producer surplus and consumer surplus increase. b. producer surplus falls but consumer surplus rises. c. both producer surplus and consumer surplus decrease. d. producer surplus rises but consumer surplus falls.
The correct response is b. Producer surplus falls but consumer surplus rises. A monopolist produces at a level that maximizes profits. If the monopolist offers another output unit for sale: Producer surplus falls but consumer surplus rises.
The whole amount that a producer makes when they create and sell a certain amount of an item at the going rate is known as the producer surplus. The producer surplus is equal to the entire revenue from sales of a producer's goods minus the marginal cost of production. The amount that producers might make by selling more of their goods can be calculated using their producer surplus. For instance, if a product's market price is $50 and customers pay $100 for it, the corporation may have the extra money to produce more of that product and make a profit. A supply curve results from plotting the marginal cost of manufacturing on a graph. The direct costs of production are shown by the area under the supply curve. The net benefit to the seller, or producer surplus, is indicated by the region above the supply curve.
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In each of the following four cases, MRPL and MRPC refer to the marginal revenue products of labor and capital, respectively, and PL and PC refer to their prices. Indicate whether each of the following is consistent with maximum profits for the firm. If not, state which resource(s) should be used in larger amounts and which resource(s) should be used in smaller amounts.
a. MRPL = $8; PL = $4; MRPC = $8; PC = $4.
These conditions are consistent with maximum profits for the firm: (Click to select) False True
Which resource should be used in larger and/or smaller amounts: (Click to select) 1.) Use less of both 2.)Conditions are already consistent 3.)Use more of both 4.)Use less labor and more capital 5.)Use more labor and less capital
b. MRPL = $10; PL = $12; MRPC = $14; PC = $9.
These conditions are consistent with maximum profits for the firm: (Click to select) True False
Which resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capital
c. MRPL = $6; PL = $6; MRPC = $12; PC = $12.
These conditions are consistent with maximum profits for the firm: (Click to select) True False
Which resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capital
d. MRPL = $22; PL = $26; MRPC = $16; PC = $19.
These conditions are consistent with maximum profits for the firm: (Click to select) False True
Which resource should be used in larger and/or smaller amounts: (Click to select) Use less of both Conditions are already consistent Use more of both Use less labor and more capital Use more labor and less capital
The data which are consistent are the data of statement a and c rest others are inconsistent.
a.) MRPL = $8; PL = $4; MRPC = $8; PC = $4
MRPL / PL = 2
MRPC / PC = 2
Therefore, we have
MRPL / PL = MRPC / PC = 2
Therefore, this condition is true because they are consistent with maximum profits for the firm.
b. MRPL = $10; PL = $12; MRPC = $14; PC = $9.
MRPL / PL =0.83
MRPC / PC = 1.56
Therefore,
0.83 = MRPL / PL < MRPC / PC = 1.56
Hence , this is false.
c.)MRPL = $6; PL = $6; MRPC = $12; PC = $12.
MRPL / PL = 1.00
MRPC / PC = 1.00
MRPL / PL = MRPC / PC = 1
Hence , all the values are consistent with each other .
Therefore, true .
d. MRPL = $22; PL = $26; MRPC = $16; PC = $19.
MRPL / PL = $22 / $26 = 0.85
MRPC / PC = $16 / $19 = 0.84
0.85 = MRPL / PL > MRPC / PC = 0.84
The values are not consistent with each other .
Therefore, false.
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kelly works as a sales representative at ginner machine works. she uses the phone and the internet to identify prospects and make sales. kelly calls customers and explains the products offered by ginner and the advantages of using them. if requested, she also mails the customer product information brochures. which of the following is most likely kelly involved in?
Kelly works as a sales representative at ginner machine works. she uses most likely kelly involved in telemarketing.
A sale is an activity related to the number of goods sold or sold during a specified period of time. Providing services for a fee is also considered a sale.
A seller or provider of goods or services completes a sale upon acquisition, diversion, requirement, or direct interaction with the purchaser at the point of sale.
There is a transfer of ownership (ownership or ownership) of a thing and a price settlement where the price at which the transfer of ownership of the thing takes place is agreed upon.
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suppose you deposit $200 in your checking account at your bank, which has a required reserve ratio of 20%. Initially, as a result of your this transaction, the size of M1 will . Before any further actions by your bank, the reserves in your bank by, while the excess reserves of your bank by
If the required reserve ratio is 20 percent, then starting with new reserves of, say, $200, the most a bank can lend is $160, since it must keep $40 as reserves against the deposit it simultaneously sets up.
The amount of reservable liabilities that commercial banks must keep onto rather than lend out or invest is known as the reserve ratio. The central bank of the nation, in this case the Federal Reserve in the United States, sets this criterion. Banks are required to retain 10% of their deposits in necessary reserves if the statutory reserve ratio is 10%. Deposits of $20 million require necessary reserves to be retained at $2 million ($20 million multiplied by. 10). Reserves over and above those that are necessary are called excess reserves. In the absence of additional measures, raising the reserve requirement ratios reduces the amount of deposits that can be supported by a certain level of reserves, lowers the money supply, and rises the cost of credit. Banks are able to extend more loans to individuals and businesses when the reserve ratio is reduced by the Federal Reserve. This lowers the amount of cash that banks must store in reserves. The economy grows as a result, increasing the money supply in the country.
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if a contract is divisible into legal and illegal portions, a court may enforce the legal portion but not the illegal one, so long as the illegal portion does not affect the essence of the bargain. t/f
A court may enforce the legal portion of a contract but not the illegal portion if the illegal portion does not change the fundamental terms of the agreement. The claim is untrue.
Any person or entity, typically one that is governmental, that has the authority to resolve legal disputes between parties and deliver justice in civil, criminal, and administrative matters in accordance with the law is referred to as a court. In both common law and civil law legal systems, it is widely acknowledged that everyone has the right to assert their rights in court, which acts as the principal forum for dispute settlement. A person who has been accused of a crime has the right to provide a defence in court, which is similar to the above. The system of courts that interprets and applies the law is known collectively as the judiciary.
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Harrison and Tyler are two students who met by chance the last day of exams before the end of the spring semester and the beginning of summer. Fortunately, they liked each other very much. Unfortunately, they forgot to exchange addresses. Fortunately, each remembers that they spoke of attending a campus party that night. Unfortunately, there are two such parties. One party is small. If each attends this party, they will certainly meet. The other party is huge. If each attends this one, there is a chance they will not meet because of the crowd. Of course, they will certainly not meet if they attend separate parties. Payoffs to each depending on the combined choice of parties are shown below, with Tyler’s payoffs listed first.
a. What is Nash Equilibrium (NE)? Identify the NE in this game.
b. Use your argument to verify that they are NE. Use your argument to verify that other strategy combinations are not NE.
The Nash equilibrium, a decision-making theorem in game theory, states that a player can achieve the desired result by adhering to their initial strategy.
What is the purpose of Nash equilibrium?The Nash equilibrium is a tool economists use to forecast how businesses will react to pricing competition.Customers will likely be squeezed more severely by two huge corporations who adopt pricing strategies to compete with one another than they could be if they each faced thousands of competitors.What does Nash equilibrium look like in the real world?Another scenario where a Nash equilibrium might be found in a daily choice is one that Cornell students commonly run into. Two friends each have a distinct strategy: either they stay up late and work or they go to bed. There is only one Nash equilibrium in this case because of the payout structure.A player can obtain the desired outcome by sticking to their initial strategy, according to the Nash equilibrium, a decision-making theorem in game theory.
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how have airplanes changed the way the world does business? choose four answers.
The four answers in which airplanes changed the way the world does business are :
By making long distance travel cheaperTravel longer in less timeby opening up new commercial marketsBy increasing travel opportunitiesWhy are planes so important?From the first successful flights to the ability to fly faster than the speed of sound, airplanes have made the world accessible to all. As for America, in the early days, the airplane was the instrument that held this vast country together.
How did the first plane help society?Clearly, airplanes have impacted society by allowing us to travel much farther and much faster. But the invention of the airplane wasn't just about accelerating long-distance travel. Food and agricultural products are also airlifted to move from one part of the world to another.
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David was having a heated argument with Sue that the business should consider more than shareholders when making it business decisions. David was reflecting Group of answer choicesa. Profit maximizationb. Stakeholder theoryc. The learning curved. Microeconomics equilibrium
David was having a heated argument with Sue that the business should consider more than shareholders when making its business decisions, David was reflecting on Option [B] Stakeholder theory is the correct answer.
What is the theory of stakeholders?
Stakeholder Theory is a way of looking at capitalism that emphasizes the connections between a company's clients, partners, workers, investors, communities, and other parties with an interest in the organization.
greater production as a result of happier workers. increased
recommendations and retention from content customers. investment growth from content financiers.
Therefore, the Stakeholder theory is criticized by some who contend that the group's interests are simply too diverse to effectively manage.
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