The correct option is (B) i.e. graphic rating scale is the easiest and most popular technique for appraising employee performance.
A graphic rating scale is a type of performance appraisal method that involves rating an employee's performance on a scale of 1 to 10 or 1 to 5, with corresponding descriptions of performance levels. The scale is usually divided into several categories such as job knowledge, quality of work, productivity, etc. The supervisor or manager then rates the employee's performance in each category, providing a quantitative measure of the employee's performance. This method is popular because it is easy to understand and use, it is objective, and it can be used for a variety of jobs. It also allows for an easy comparison of performance between employees, and it also allows for a clear communication of expectations to employees. Alternation ranking, forced distribution, and constant sum rating scale are also methods used to evaluate employee performance, but they are less popular and more complex than the graphic rating scale. Alternation ranking involves ranking employees from best to worst. Forced distribution involves placing a certain percentage of employees in different performance categories. Constant sum rating scale involves allocating a fixed number of points among several performance factors.
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david purchased a $2,400,000 shopping center at a 4.5% cap rate. what is the noi on the building...?
At a 4.5% cap rate, David bought a $2,400,000 shopping complex. The net operating income (NOI) for the building is 108000. Capital expenses are excluded from the NOI statistic.
A formula known as net operating income (NOI) is used to assess the profitability of real estate assets that produce revenue. NOI is the sum of all property revenues less all running costs that are deemed to be reasonably reasonable. On a property's income and cash flow statement, NOI is a before-tax statistic that does not include loan principal and interest payments, capital expenses, depreciation, or amortization. Earnings before interest and taxes, or "EBIT," is the name given to this measure when it is applied to other industries. Real estate experts utilize net operating income as a technique of valuation to establish the exact worth of their properties that generate money.
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an investor wants to analyze the earnings of a mutual fund account. three years ago, the value of the account was $22,000 and it is now worth $27,500 (no additional deposits were made). if the account is compared to a bank account paying interest that is compounded continuously, what interest rate would the bank account have to pay to match the mutual fund accounts earnings?
The interest rate that the bank account has to pay to match the mutual fund accounts earnings is 3.19%
What are interest rates?The amount that the lender charges the borrower above and beyond the principal amount is known as the interest rate. Regarding the economy, a person who deposits money in a bank or other financial institution also makes extra money due to the time worth of money, which is known as interest earned by the depositor.
Depending on the purpose and recipient of the funds, interest rates on loans and deposits may vary. In order to ensure efficient trade practises and sound monetary management in the economy, borrowing has become commonplace. To support corporate expansion, the borrowing process has also been loosened.
Borrowings not only help with financial difficulties, but they also aid the borrower in better financial planning.
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The ending account balances of permanent accounts for one fiscal period are the beginning account balances for the next fiscal period.
answer choices
True
False
Permanent account beginning balances are determined by the ending account balances for the previous fiscal period. It is true.
Companies and governments utilize a fiscal year, which is a 12-month period, for planning and financial reporting. Financial statements are most frequently prepared using a fiscal year for accounting purposes. Despite the fact that a fiscal year may begin on January 1 and end on December 31, not all fiscal years coincide with the calendar year. University fiscal years, for instance, frequently start and end with the start and end of the academic year. Permanent account beginning balances are determined by the ending account balances for the previous fiscal period.
A fiscal year is a time frame with a one-year duration that does not always begin at the beginning of the calendar year. Fiscal years can begin and conclude in a variety of ways for nations, businesses, and organizations.
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TRUE/FALSE. The construction industry is often referred to as an easy entry industry. One of the reasons this easy entry is possible due to the low capital requirements to establish a business in construction.
The given statement exists false. Easy entry and exit are presumptions made by the notion of ideal competition.
What is meant by easy entry industry?In a market structure known as monopolistic competition, there are numerous companies selling distinctive goods with simple entrance and exit barriers.
If it's simple to get started, new businesses will be attracted fast by the prospect of great economic profits. That won't happen if entry is challenging. Easy entry and exit are presumptions made by the notion of ideal competition. The notion that exiting is simple promotes the notion that entering is simple.
In a market where entry and exit are simple, a monopolistic competition model is one in which numerous companies produce comparable but differentiating goods. The restaurant industry is monopolistically competitive; most regions have a large number of enterprises, each of which is unique, and entry and exit are quite simple.
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A PowerPoint Hierarchy List specializes in:
A. representing especially 'tall' hierarchies, with many levels.
B. showing relationships progressing across groups.
C. displaying two-way relationships in a team.
D. representing especially 'flat' hierarchies with few levels.
Answer:
Explanation:
b
an emphasis is placed on proper income statement item recognition under what approach under us gaap? multiple choice question. revenue/expense approach balance sheet adjustment approach income statement reconciliation approach asset/liability approach
Correct answer is revenue/expense approach.
GAAP consists of a frequent set of accounting rules, requirements, and practices issued by means of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
GAAP sets out to standardize the classifications, assumptions and methods used in accounting in industries throughout the US.
What is GAAP and why is it important?GAAP is the set of accounting regulations set forth by the FASB that U.S. groups must follow when inserting together monetary statements. GAAP goals to improve the clarity, consistency, and comparability of the conversation of monetary information.
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https://brainly.com/question/14719386#SPJ4nafta, passed in 1993, seeks to a. curb illegal immigration from mexico to the united states b. substitute cheap labor in mexico for expensive labor in the united states c. phase out all trade and tariff barriers between the united states, canada, and mexico d. phase out all trade and tariff barriers between the united states and mexico
The correct response is c. phase out all trade and tariff barriers between the united states, Canada, and mexico.
A nation largely found in North America is the United States of America, also referred to as the United States or America. There are 50 states in it, as well as a federal district, 326 Indian reservations, 9 Minor Outlying Islands, and 5 Major Unincorporated Territories. By both total area and land area, it is the third-largest country in the world. The United States has land boundaries with Mexico to the south and Canada to the north. The Bahamas, Cuba, Russia, and other countries share marine borders with it. It is the third most populated nation in the world and the most populous country in the Americas with a population of over 333 million. Washington, D.C., is the seat of government, while New York Metropolis, the most populous city and financial hub, is the latter. Paleo-Americans arrived in the North American continent from Siberia at least 12,000 years ago, and subsequently advanced cultures started to emerge. By the time Europeans reached North America and started colonizing the continent, these advanced cultures had almost entirely disappeared.
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Business Analytics Solutions Manual
Business analytics solutions use data and modeling to support decision-making and improve business performance.
What is business analytics?Business analytics is a method of utilizing data, statistical analysis, and modeling to aid decision making, enhance performance, and boost revenue growth. It can be applied to multiple facets of an organization like finance, marketing, and operations and can be useful in various types of business decisions.Business analytics is the use of data, statistical and quantitative analysis, and explanatory and predictive modeling to support decision-making and to understand and interpret business performance. It is used to identify patterns, trends, and insights in data, and to make data-driven decisions to improve business operations, increase efficiency and optimize revenue growth. Business analytics can be applied to various areas of a business, such as finance, marketing, and operations, and can be used to support a wide range of business decisions, from strategic planning to day-to-day operations.To learn more about business analytics refer:
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globalization has resulted in multiple choice a collective material culture becoming more diverse. increasing barriers to cross-border trade. less interdependence between national economies. an increase in the use of outsourcing.
Yes, globalization has resulted in a more diverse collective material culture, raising trade barriers across borders reduced economic interconnectedness between countries.
What is globalization ?Globalization is the process of increased interconnectedness among countries and people around the world. It is driven by international trade and investment, improved communication and transportation technologies, and the freer flow of capital, goods, services, and labor.
As a result of globalization, countries have become increasingly interdependent, with economic, social, technological, cultural, political, and environmental issues affecting people around the world. Globalization has greatly increased the number of people living in poverty, particularly in developing countries.
It has also led to environmental degradation, increased inequality, and the spread of diseases. Supporters of globalization argue that it can be beneficial to the world economy, while opponents of globalization argue that it is unfair and harmful to developing countries.
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suppose you invest $100, and it grows 10 percent each year. what is the total amount of your investment after 5 years (rounding to the nearest dollar)?
suppose you invest $100, and it grows 10 percent each year. the total amount of your investment after 5 years (rounding to the nearest dollar
$100*10%=10*5= $ 50
Money spent on assets with the hope that their value would rise over time is known as an investment. To invest, one must give up a current resource, such as time, money, or effort.In the world of finance, investment is done with the intention of making money from the asset being used. Other items that could be included in the return include an unrealized capital gain (or loss), investment income such as dividends, interest, or rental income, a combination of income and capital gain, and a gain (profit) or loss realized on the sale of a home or investment. The return may include foreign exchange profits or losses as a result of shifting exchange rates. Riskier investments, according to investors, often provide larger returns.
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If a investor wants his account designated by number, not by name, the registered representative:A) can open the account with a written statement of ownership from the customer. B) cannot open the account in this manner. C) can open this account with a written statement of ownership and approval from the FINRA. D) can open this account without additional documentation.
The correct answer is: B) cannot open the account in this manner. A registered representative cannot open an account designated by number, not by name, without proper documentation and identification of the customer as per FINRA regulations. This includes a written statement of ownership and proof of identity, such as a government-issued ID. This is to prevent fraud and ensure compliance with regulatory requirements.
According to FINRA regulations, a registered representative cannot open an account designated by number, not by name, without proper documentation and identification of the customer. This includes a written statement of ownership and proof of identity, such as a government-issued ID.
It is important to properly identify customers and maintain accurate records to prevent fraud and ensure compliance with regulatory requirements. Opening an account without proper documentation and identification can result in fines or disciplinary action for the registered representative and firm.
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the reason information supplied through publicity is usually considered more credible than information supplied by a salesperson is that: group of answer choices salespeople are considered unethical. the general public has more information than the average salesperson. organizations have control over information when it is disseminated through publicity. the information supplied through publicity is perceived to be independent. publicity costs more than personal selling
The reason information supplied through the publicity is usually considered more credible than the information supplied by salesperson is that organizations have control when it is disseminated through publicity.
What is publicity?Public knowledge or visibility for any good, service, individual, or company is known in marketing as publicity. It could also be used to describe how knowledge is disseminated to the broader public, frequently through the media. A publicist is someone who handles publicity, whereas public relations (PR) is the strategic management task that aids in establishing and maintaining a company's relationship with the general public. Without using the media, this can be accomplished internally. Publicity is a part of promotion and marketing from a marketing standpoint. The promotional mix also includes personal selling, direct marketing, sales promotion, and advertising. Publicity stunts are activities that businesses occasionally plan with the intention of garnering media attention and generating favorable publicity.
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which term refers to the bond between product and consumer that is difficult for competitors to break? question 1 options: a) custom b) patronage c) brand loyalty d) relationship
The Correct answer is Option C, Brand Loyalty
What is Brand Loyalty?
In contrast to customer loyalty, which is based on money (pricing and discounts), brand loyalty is based on perception (image and experience). Customers that are brand loyal feel that a particular brand equals superior quality and customer service than any rivals, regardless of price. Although brand-loyal customers may make fewer purchases overall, their profit margins are higher. Brand loyalty is quite simple to maintain after it has been developed, provided that the level of service and product quality is kept at a high level. In comparison to customer loyalty, which necessitates consistently providing low rates and ongoing discounts to preserve best-deal-on-the-market reputation, brand loyalty is also less expensive to sustain.
Price is not a factor in brand loyalty, which refers to recurrent purchases of a certain brand because consumers believe it to be of greater quality and better service than its rivals.Businesses with strong brand loyalty outperform their industry peers in terms of revenue growth by 2.5 times.Over a 10-year period, brand-loyalty leaders also produce two to five times the returns to stockholders.Quality is the first and most crucial requirement for brand loyalty. Poor quality will destroy brand loyalty regardless of how much money is spent on marketing.To know more about Brand Loyalty,refer to:
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qs 23-13 segment elimination lo p4 a division of a large company reports the information shown below for a recent year. variable costs and direct fixed costs are avoidable, and 40% of the indirect fixed costs are avoidable. based on this information, should the division be eliminated?
Revenues260,000Avoidable Expenses 149000 +32000+ 59000 *45%207,550Revenues are greater by52,4501-b. should not be eliminated since gain.
What are variable costs?Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labour, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs.
Expenses that fluctuate in accordance with business activities are known as variable costs. They rise in value as your workload increases. They stand in stark contrast to fixed costs. Numerous variable expenditures, like inventory and freight, increase in direct proportion to the volume of sales a business generates.
Thus, should not be eliminated since gain.
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g assume that the federal reserve implements a policy that is designed to raise the targe fed funds rate. this monetary policy is most likely to shift: group of answer choices ad4 to ad3 ad1 to ad4
The expansionary monetary policy of the Federal Reserve is probably intended to either avert or mitigate economic downturns and recessions.
What does monetary policy include in detail?The acts made by central banks to affect how much money is available and at what cost in an economy are referred to as monetary policy. The key interest rates are typically the subject of the most crucial decision made by the European Central Bank in this area.
What kind of monetary policy is that, specifically?carrying out monetary policy
The Fed will add money to the reserves that banks are required to maintain with it if, for instance, it purchases or borrows Treasury notes from commercial banks. In turn, the money supply increases.
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does specific seasons/times of the year (christmas, black friday, etc.) have an impact on the stock market?
Stock prices often rise over the final two trading days of the year, which come immediately after Christmas, and the first two trading days of January, according to the Santa Claus bounce, a phenomenon associated with the calendar.
What is a stock market?A stock market, often referred to as an equity market or share market, is a community of individuals who trade stocks, usually referred to as shares, which represent ownership stakes in corporations.
A public stock exchange may list these securities or they may only be traded privately.
Examples of such securities include shares of private enterprises that are made available to investors through equity crowdfunding platforms.
There is typically a strategy in place when making an investment.
The Santa Claus bounce, a calendar phenomenon, says that stock prices typically increase throughout the final two trading days of the year, which come right after Christmas, and the first two trading days of January.
Therefore, stock prices often rise over the final two trading days of the year, which come immediately after Christmas, and the first two trading days of January, according to the Santa Claus bounce, a phenomenon associated with the calendar.
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mark owns a 950 sq.ft. cooperative apartment. the size of mark's apartment is roughly 1/50th of the entire cooperative building. if the cooperative has 2,500,000 shares of stock to distribute among its shareholders, what is a reasonable amount of shares mark would receive...?
Mark should get 63,333 shares, which is a respectable number.
When analyzing a cooperative's financial statement, what should one be on the lookout for?The balance sheet, operating income, cash flow statement, reserve fund, and CPA report are often included in the financial statement. The assets, income, and expenses of a facility should be the main considerations when going over each of these items.
Who is the owner of a cooperative's shares?A housing cooperative, sometimes known as a co op, is a kind of residential housing choice where the owners do not possess their apartments outright. Instead, based in part on the proportional size of the unit they dwell in, every resident is a stakeholder in the corporation.
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Which of the following demonstrates evidence for the semi-strong form of the efficient market hypothesis?
I. A fund manager is reliably able to make abnormal profits by trading based on historical patterns in stock prices.
II. A talented analyst routinely earns excess returns through analysis of corporate financial statements.
III. There is an instantaneous increase in stock price when a company announces unexpectedly good earnings but not significant abnormal returns afterwards.
A. I only
B. II only
C. III only
D. I, II, and III
E. The correct answer is not given by (A), (B), (C), or (D).
Option E is correct, Semi-strong form efficiency is a component of the Efficient Market Hypothesis (EMH) that holds that stock prices currently in effect quickly adjust to the disclosure of all new publicly available information.
What is semi-strong form of market efficiency?Semi-strong form efficiency describes a market where share prices accurately and equitably reflect both all current information and all previously available information. The effectiveness is examined in light of how Foreign Institutional Investors (FIIs) affect the Indian Capital Market. Two significant stock indexes that represent the Indian Capital Market, the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), have been used for this purpose. All publicly available and known information is reflected in security prices. Standard fundamental analysis will produce abnormal profits of equal to zero in semi-strong efficient markets. The fact that the P/E ratio is known to the general public means that this observation would be evidence against the semi-strong variant of the efficient market theory.
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In the purchase of Class A shares, many mutual funds provide quantity discounts to those reaching breakpoints specified in the fund's prospectus. To qualify for the quantity discount, purchases of which of the following may not be combined under the definition of any person?
A) Spouses investing in a joint account and individual accounts
B) A parent's account and the parent's child in a UTMA account
C) A parent and a 35-year-old child investing in separate accounts
D) A trustee of an irrevocable trust and the beneficiary of that trust
Answer:
C. A parent and a 35-year-old child investing in separate accounts
Explanation:
The listing type that assures a broker that he or she will receive compensation no matter who procures the buyer is what kind of agreement A: net listing B: exclusive right to sell C: open listing D: exclusive agency
The listing type that assures a broker that he or she will receive compensation no matter who procures the buyer is Exclusive right to sell kind of agreement. So the correct option is (b).
An agreement is a sign of two or even more people's consent to one another. It occurs into an offer and also an acceptance and represents a coming together of the minds with a shared goal. Words, behavior, and in certain circumstances even silence may all be used to demonstrate a concurrence. Different jurisdictions have different definitions of "deal" as a term for a legally binding contract. For instance, the Judicial Branch of Iowa has ruled that a relationship is a statement or series of promises that are subject to legal protection, but a contract is a sign of mutual consent that is not always subject to legal consequences.
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Kingstone argues that Import-substitution industrialization (ISI) was a response to which two (2) factors
The two variables are not related to a significant increase, not related to positive growth, and not related to a downfall.
How does industrialization work?
Industrialization is the process where a nation or region shifts its economic focus from agriculture to industry. It involves the use of automated mass manufacturing techniques. Some of the benefits of industrialization include greater economic development, a more efficient use of labor, and a rise in technological advancements.
There are various factors that can drive industrialization such as government regulations, labor-saving technology, entrepreneurial drive, and consumer demand. This process has a significant impact on the population and can lead to a rapid increase in migration from rural areas to urban centers where job opportunities are more plentiful.
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Measuring service quality from a customer's perspective can best be gauged by establishing which of the following gaps (select all that apply):
Group of answer choices:
A) Customer expectation vs. customer perception
B) Customer expectation vs. provider performance
C) Customer past experience vs. word-of-mouth communications
D) Provider quality expectations vs. customer communication
The best way to assess service quality from the viewpoint of the consumer is to determine by:
A) Customer expectation vs. customer perception
B) Customer expectation vs. provider performance
D) Provider quality expectations vs. customer communication
What is customer satisfaction?
Customer satisfaction is the overall experience and perception of a customer when interacting with a company, product, or service. It measures how well a company fulfills the needs and expectations of its customers and is often used as an indicator of customer loyalty. Customers who are satisfied with a product or service are more likely to return to the same company for future purchases. They are also more likely to recommend the company to their friends and family. Companies that prioritize customer satisfaction have a competitive advantage over those who do not.
These three gaps measure service quality from a customer's perspective by comparing what the customer expected and what they actually experienced or received. This allows companies to better understand customer satisfaction levels and identify areas for improvement.
Therefore, the correct answers are option (A), (B) and (C).
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reggie has thoroughly reviewed the sales contract with his clients, the arnolds, and has confirmed that they understand all of the terms and provisions. what should reggie do next?
feeling like a failure.
What is sales contract?Recommend that the Arnolds review the sales contract with an attorney before signing it.
He try to avoid any kind of shame and resentment, so he actually try to get escape from this feeling and to give satisfy his ego he convinced himself that middle school has no worth in his life. To satisfy his mind conscious, he try to escape from hard work and fear of failure.
Sometimes called a sale of goods contract, a sales agreement, or a purchase agreement, a sales contract outlines the terms of a transaction between two parties: the buyer and the seller. These formal agreements are used to detail the services, goods, or property that is to be exchanged for payment or the promise of future payment.
Whether it's a small-scale transaction or a large-scale purchase, a sales contract should be used to ensure that the transaction goes smoothly for both parties.
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n investor is in a 40% combined federal plus state tax bracket. if corporate bonds offer 8.50% yields, what yield must municipals offer for the investor to prefer them to corporate bonds? (round your answer to 2 decimal places.)
If the municipals offer a yield greater than 5.53%, they would be preferred by the investors compared to the corporate bonds.
What is the equivalent tax-free municipal yield that makes investors indifferent?We have given yield rate of corporate bond = 8.50%
Tax rate for investor = 40 %
Actual yield earned by investor will be equal to = yield rate of corporate bond × ( 1 - tax rate of investor )
8.50%*(1-35%)
Equivalent yield on municipal bond=5.53%
In for the investor to prefer municipals to corporate bonds, the municipals need to offer a yield that is greater than the equivalent yield of 5.53%, in short, such municipal bonds are issued by the counties or local government areas in order to fund specific projects or their operations, it is different from the ones issued by the national treasury which is back by the full faith of the country's currency.
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Why isn’t full employment the same as zero unemployment?
Full employment is not the same as zero unemployment because there are different types of unemployment, and some are unavoidable or even necessary for a functioning labor market.
Does full employment mean no unemployment?Although there are numerous definitions of full employment, the BLS defines it as an economy where the unemployment rate is equal to the NAIRU, there is no cyclical unemployment, and GDP is at its maximum. The optimum employment rate in an economy where there are no involuntary unemployed employees is full employment. One element of a functioning economy that is producing at a place along its production possibilities frontier and at full capacity is a labour market that is fully employed. Because there will always be some frictional unemployment in an economy, it is impossible to achieve zero unemployment. When there is unemployment, people spend their time in search of the ideal position for them.Given the numerous varieties of unemployment and the fact that some are inevitable or even required for a healthy labour market, full employment is not the same as zero unemployment. Jobs are constantly being produced and destroyed as industries change, and the transition from one employment to another is not smooth.To learn more about full employment refer to:
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business ethics does not focus on: a. the decisions that businesses must make and whether they are right or wrong. b. how businesses are treated under international laws and customs. c. how business people apply moral principles in making decisions.
The main focus of business ethics is (B) not how enterprises are treated in conformity with international rules and conventions.
What are business ethics?Business ethics usually referred to as corporate ethics, is a subset of applied ethics or professional ethics that addresses moral or ethical issues that may come up in the workplace.
It is important to the actions of both individuals and entire companies and is applicable to all facets of business behavior.
Individuals, organizational pronouncements, and the legal system all contribute to these ethics.
These standards, ideals, and moral and immoral behaviors serve as the foundation for a corporation.
How businesses are treated in accordance with international laws and norms is not the main emphasis of business ethics.
Therefore, the main focus of business ethics is (B) not how enterprises are treated in conformity with international rules and conventions.
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based on what you find in the organizational chart, if you need information from the secondary stakeholders, who can you ask? select all that apply.
Using the information in the organisational chart as a guide The vice president of data and strategy is the person to contact if you require information from the primary stakeholder.
A customer who has an interest in an organisation and the potential to influence or be impacted by it is referred to as a primary stakeholder. The main stakeholders in a typical corporation are its shareholders, employees, clients, and suppliers. However, as corporate social responsibility has drawn greater attention, the concept has lost some of its lustre. The analytics division is frequently under the direction of the Senior Vice President of Data Strategy.The vice president of data strategy is responsible for figuring out where to find data, what kind of data the company will need to achieve its goals, and how to use the data to improve performance.
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which of these is the most important factor when determining the complexity of an organization's data model? a.) its budget b.) its history c.) its reputation d.) its business rules
d.) its business rules. The complexity of an organization's data model largely depends on the business rules set by the organization. Business rules are the specific rules, regulations, and guidelines that govern how the organization must conduct its operations and processes.
How do business rules affect the complexity of an organization's data model?Business rules help to define the structure of an organization's data model and determine the complexity of the data model. Business rules can include restrictions on the types of data allowed to be stored, the relationships between different data sets, and the way data is used or accessed. By adhering to a set of business rules, organizations can ensure that their data model is properly organized and optimized for their specific needs and that the data is secure and reliable.
What are some examples of business rules?Business rules can include requirements for data validation, such as ensuring that certain fields are filled out correctly; restricting access to certain data sets; defining data relationships and how data is used; and setting standards for data quality and consistency. Business rules can also include business process rules, such as specifying how data is to be entered into the system or how certain tasks should be completed.
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Four racers are racing on a track. Raheem covers 26%26% of the track, lila covers 3838 of the track, khalid covers 0. 30. 3 of the track, and juanita covers 0. 240. 24 of the track. List the people in order by the distance on the track each person covers from least to greatest.
From shortest to longest, the distance that each participant travels on the track in ascending order is 0.24, 0.26, 0.30, and 0.375.
The ascending order of the numbers is such that the smallest number comes first, followed by the next, and the highest number will come last. On a track, four racers are competing. Raheem takes up 26% of the track, followed by Lila at 3/8, Khalid at 0.3, and Juanita at 0.24. Decimalizing all the integers yields the following values: 26%, 3/8, 0.3, 0.24, 0.26, 0.375, 0.30, and 0.24. From shortest to longest, the distance travelled on the track by each person is 0.24, 0.26, 0.30, and 0.375.
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Assume that the following asset values (in millions of dollars) exist in Ironmania: Federal Reserve Notes in circulation = $700; Money market mutual funds (MMMFs) held by individuals = $400; Corporate bonds = $300; Iron ore deposits = $50; Currency in commercial banks = $100; Savings deposits, including money market deposit accounts (MMDAs) = $140; Checkable deposits = $1,500; Small-denominated (less than $100,000) time deposits = $100; Coins in circulation = $40.
a. What is M1 in Ironmania?
b. What is M2 in Ironmania?
The M1 in Ironmania will be $700+$1+$500+$140= $2,240.
The M2 in Ironmania will be $2,240+$400+$140+$100= $2,880.
The value of M1 in Ironmania is $2240 while the value of M2 in Ironmania is $2,880.
The total amount of money owned by the general population at a certain time is simply referred to as the money supply.
The calculation for M1 will be as follows given the provided information:
= Circulating Federal Reserve Notes + Circulating Coins + Checkable Deposits
= $700 + $40 + $15,00
= $2,240
The formula for M2 will be as follows:
= M1 + Savings deposits, including money market deposit accounts (MMDAs) + Small-denominated time deposits + Money market mutual funds (MMMFs) held by individuals
= $2,240 + $140 + $100 + $400
= $2,880
Therefore, M1 is $2240 while M2 is $2880.
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