which system involves a three-part, continuous cycle of planning, controlling, and documenting quality in an organization?

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Answer 1

The ISO 9000 system incorporates a continuous, three-part cycle of planning, managing, and documenting quality in an organization.

What is ISO 9000 ?

The ISO 9000 family of quality management system standards is a collection of five guidelines that aid firms in ensuring that they satisfy the expectations of customers and other stakeholders while still adhering to legal and regulatory requirements for a given good or service.

A three-part, continuous cycle of planning, managing, and documenting quality in an organization is what is meant by the quality system standard ISO 9000.

According to the given information

The ISO 9000 system incorporates a continuous, three-part cycle of planning, managing, and documenting quality in an organization.

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Related Questions

occurs when companies employ a multinational pricing policy that calls for setting different prices in different country markets. a) ethnocentric b) polycentric c) regiocentric d) geocentric e) extension

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A method in global marketing where a company permits a subsidiary or affiliate to determine the best price in its own region as long as it is profitable; also known as the Polycentric Approach.

What distinguishes polycentricity from ethnocentricity?

While the ethnocentric method sends employees from the home area or country to a foreign country or to another site where the headquarters are present, the polycentric approach concentrates on keeping personnel from a domestic region or country.

What do geocentric and polycentric mean?

Polycentric Attitude: The idea that local workers are aware of the best working methods and commercial procedures is referred to as having a polycentric attitude. Geocentric Attitude: A geocentric attitude is a global perspective that emphasises using the best methods and connecting with individuals from all over the world.

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an accounting statement that presents predicted amounts of the company's assets, liabilities, and stockholders' equity as of the end of the budget period is called a(n):

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Budgeted Balance Sheet is an accounting statement that presents predicted amounts of the company's assets, liabilities, and stockholders' equity as of the end of the budget period.

What is a Budgeted Balance Sheet?

All of the line items contained in a typical balance sheet are present in the budgeted balance sheet, but they are projections of the balance sheet for subsequent budget periods. Financial statements that have been budgeted include information on a company's predicted status, outcomes, and cash flows. An income statement, balance sheet, and statement of cash flows are all included in these budgeted financials. These statements were put together using a business's annual budgeting process. It provides a broad overview of the company's strategy for the budgetary period. A summary of functional budgets is included in a master budget. A budgeted profit and loss account and a budgeted balance sheet are the two components of the master budget.

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glow pets, from the makers of pillow pets, are a light-up pillow product designed for young children. the pillows are colorful animals that produce a soft light for 20 minutes at a time and were produced for children with a fear of the dark. the company aired ads on various tv programs showing children being comforted and sleeping restfully with a glow pet, making parents and kids alike desire such a situation. the content of the advertising's message most likely focuses on which stage of the consumer purchase decision process?

Answers

The consumer purchase decision process at stage of problem recognition.

The purchaser choice-making technique entails five fundamental steps. that is the method by which purchasers examine making a purchasing decision. The 5 steps are trouble reputation, records seek, options assessment, buy selection and post-purchase evaluation.

It's important to understand the client decision-making manner because it lets in you to expect the needs of customers , which in turn facilitates you intend advertising and marketing or sales strategies based totally on the ones needs.

Customer decision making procedure entails the purchasers to discover their needs, acquire records, evaluate alternatives after which make their shopping for choice. The consumer conduct may be determined with the aid of economic and psychological factors and are inspired by way of environmental factors like social and cultural values.

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In what ways does the federal budget serve as an automatic stabilizer for the economy?

A.

During a recession, there is an increase in government expenditures for transfer payments and a decrease in taxes as wages and profits rise. During an expansion, there is a decrease in government expenditures for transfer payments and an increase in taxes as wages and profits fall. Both of these occur automatically and both effects help to stabilize aggregate demand.

B.

During a recession, there is an increase in government expenditures for transfer payments and a decrease in taxes as wages and profits fall. During an expansion, there is a decrease in government expenditures for transfer payments and an increase in taxes as wages and profits rise. Both of these require government action to stabilize aggregate demand.

C.

During a recession, there is an increase in government expenditures for transfer payments and a decrease in taxes as wages and profits fall. During an expansion, there is a decrease in government expenditures for transfer payments and an increase in taxes as wages and profits rise. Both of these occur automatically and both effects help to stabilize aggregate demand.

D.

During a recession, there is a decrease in government expenditures for transfer payments and an increase in taxes as wages and profits rise. During an expansion, there is an increase in government expenditures for transfer payments and a decrease in taxes as wages and profits fall. Both of these occur automatically and both effects help to stabilize aggregate demand

Answers

A - During a recession there is an increase in government expenditures for transfer payments and a decrease in taxes as wages and profits fall. During an expansion there is a decrease in government expenditures for transfer payments and an increase in taxes as wages and profits rise. Both of these occur automatically and both serve to stabilize aggregate demand.

One of economics' most terrifying terms is "recession." A prolonged period of significant decline in overall economic activity is known as a recession. Real income frequently decreases and the unemployment rate typically rises during recessions. Additionally, numerous other unfortunate events can occur when people lose their jobs and income. Therefore, people's lives can be permanently altered by recessions.

When things go wrong, how does the economy get back on track? By influencing the economy through its fiscal policy, the government can play a role. Fiscal policy is how the government responds to economic conditions by taxing and spending.

The government can alter the amount of money spent in the economy by changing the tax rate because taxes lower income and income influences spending.

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Which of the following statements is true of nonprofit organizations?
a. They are firms that do not provide goods or services.
b. They are startup companies that have not yet generated any profits.
c. They engage in management activities to help reach their goals.
d. They do not engage in fundraising as their aim is not to generate profits.
e. They do not have a management structure like that of for-profit organization

Answers

Nonprofits do participate on management activities to assist in achieving their objectives.

Management activities: what are they?

Planning, organizing, staffing, leading, and managing are the five general responsibilities that make up management at its most basic level. These five responsibilities are a part of a corpus of guidelines and management-related beliefs.

What are the seven fundamental objectives of management?

Each of these tasks is essential to helping firms operate effectively and efficiently. Planning, organization, staffing, directing, coordinating, reporting, and budgeting are the seven functions of management, or POSDCORB, that Luther Gulick, Fayol's predecessor, further defined. The formal definition of management principles is the planning, organizing, and control of basic element operations.

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the following are ways of coping with culture shock except

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Option A is correct. The following are ways of coping with culture shock except keep expectations high.

Culture shock refer to feelings or emotional trauma of anxiety, disappointment or type of disarray they encountered when they wind up in a spot with social variety that is not quite the same as their own way of life.

This typically happen when them move or travel to one more nation or geological locale in which their way of life or lifestyle is very surprising from the one they are know all about.

In this manner, Culture shock is insight by individuals who encountered another culture they are curious about in a spot particularly in a strange climate.

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Complete Question is -

The following are ways of coping with culture shock EXCEPT

A. Keep expectations high.

B. Create a stability zone.

C. Practice meditation.

D. Keep a journal.

E. Engage in regular exercise.

The Two General Functions Of Mentoring Are Internal And Wxternal. True Or False

Answers

Statement It is untrue that mentoring Has Two Main Functions: Internal And External.

What is the purpose for mentoring?

A mentor's job is to support your personal development and help you get to be the absolute best of oneself. This might entail assisting you in achieving your professional or personal objectives, exposing you to fresh perspectives, pressing your limiting beliefs, imparting priceless valuable lessons, and more.

What are examples of mentoring?

Individual mentoring can take many different forms, including such informal, goal-oriented conversations where a junior person asks one‘s supervisor for advice as well as conversations where the mentor isn't really necessarily a superior or even a colleague of the mentee but instead has more expertise working in a particular field.

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an industry spy comes to firm b and claims to know what firm a has decided. given that each firm already knows the payoff matrix, how much would this information be worth to firm b?

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A business snitch visits firm B and claims to know what choice firm A made. How much would knowledge of the payoff matrix be worth to firm B given that each firm is already aware of it firm B $0.

Firm B $0 Don't Invest, Invest Company A Invests 20 to 70 to A

B for 20; B for 5 Not 5 for A, but 50 for A B for 70; B for 50.

A payout matrix is a tool for communicating the outcome of a player's decision in a game. The structure of a game, such as whether players take turns taking actions or whether a player must make a decision without knowing what the other player will choose, cannot be expressed by a payout matrix. Payoff matrix components.

The reward matrix aids in illustrating each potential result associated with strategic decision-making. A player must consider how their decision will impact the outcomes of the other player as well as how the other player's decision will impact their own.

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The new-product process starts with new-product strategy development. Place the steps that follow this one in order.

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After developing the strategy for the new product, the following steps must be taken:

Define what the product will be?Analyze the market.The initial prototype is made.Tests are carried out.Analyze whether changes are required.Make these changes.Perform a type of validation.Launch to the market and commercialize.

What is a product?

It is an element that serves to satisfy the needs of the people, the products are made under certain parameters that serve as guide for the presentation of the element.

The process of creating a new product is something that takes a lot of time since all the advantages, disadvantages and variants must be analyzed, especially analyzing the market before making the decision to launch the product.

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which of these is not a benefit for businesses using fully integrated e-commerce platforms? a stock control b integrated invoicing c the ability to track shipping d automated complaints process system

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A. stock control

Stock control is not an advantage for businesses using e-commerce platforms. Stock control is a challenge because stock control cannot be done automatically, so there must be manpower that goes directly to the field.  

E-commerce is all buying and selling activities carried out through electronic media. Although the means include television and telephone, today more and more e-commerce take place via the internet. Because of this understanding of e-commerce, sometimes there are misunderstandings about e-commerce and marketplaces. The term e-commerce is used to describe all transactions that use electronic media.

Marketplace is one of the e-commerce models. This business model functions as an intermediary between sellers and buyers. Sellers who trade on the marketplace only need to serve purchases. All other activities such as website management have been taken care of by the platform.

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In your own words, please define what ethics are, and how they should be used during the emailing process.

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Answer:

Explanation:Ethics are principles that guide the behavior of individuals or groups. They provide a framework for making decisions and determining what is right and wrong in a given situation. Ethics are often based on values such as honesty, fairness, respect, and responsibility.

In the context of emailing, ethics should be considered when sending and receiving messages. Some ethical considerations in email communication include:

Honesty: It is important to be honest in your emails and to provide accurate information.

Respect: It is important to respect the privacy and boundaries of others when emailing. This includes not sending unsolicited emails or spam, and not sharing personal information without permission.

Confidentiality: If you are handling sensitive or confidential information in your emails, it is important to protect that information and only share it with those who have a need to know.

Professionalism: It is important to maintain a professional tone in your emails and to avoid using inappropriate language or behavior.

Overall, ethics in emailing involve treating others with respect, honesty, and professionalism, and being mindful of the impact of your actions on others.

Answer:

Your communication conveys your personality, work ethic, and attention to detail. Companies may benefit from implementing email etiquette best practices for the following reasons:

Professionalism: Using proper email etiquette reflects the organization's professionalism.

Emails that adhere to etiquette are direct and concise, conveying their message quickly.

Explanation:

1. Include a clear, direct subject line.

2. Use a professional email address.

3. Use professional salutations.

4. Be cautious with humour.

5. proofread every message.

6. Act professionally.

what is not a purpose of using an effective chart? a) compares data b) reveals trends and patterns c) reveals even subtle errors in formulas d) aids in making informed decisions

Answers

c) Reveals even subtle errors in formulas is not a purpose of using an effective chart.

A beneficial chart is easy however now not bland. It tells handiest one story and does it properly. It speaks for itself and calls for most effective minimum thinking to apprehend. also, such charts use first-rate colors all people can see.

Line charts are the handiest chart for showing time-collection statistics. they are able to handle a ton of statistics points and multiple data collection, and absolutely everyone is aware of the way to study them. simply make sure your factors are ordered such that time runs from left to right, and use constant time durations. effective graphs are easily understood, independent and concise. Graphs that are easily understood are… not without problems misunderstood. As with textual content, the aim is to make it clean for the reader: keep away from difficult them.

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the net asset value (nav) of an open-end investment company is $22.20 and its sales charge is 8%. what is the public offering price?

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23.976 is the public offering price The price at which fresh issues of stock are made available to the public by an underwriter is known as the public offering price (POP).

Underwriters must choose a public offering price that will appeal to investors because the primary objective of an initial public offering (IPO) is to raise capital. The POP is the total of the sales fee and net asset value that an investor stock must pay in order to invest. NAV + SC = POP is the equation used to calculate the POP. The net asset value of the mutual fund is multiplied by the sales charge to arrive at the POP, or public offering price.

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what are some arguments in favor of continuing government support of citigroup? discuss who would be hurt by the bank's failure. is the failure of citigroup different from that of other firms? does the government have people to manage such a global finance enterprise?

Answers

What are counterarguments in favor of letting the bank fail? Discuss concepts of free markets and capitalism that create competition and allow unsuccessful firms to fail.

Does bailing out large global banks cause them to take excessive risks on the theory that they are "too big to fail"?

Why the govt. shouldn't have let the bank fail?

Failure of Citigroup would have shook up the global financial markets as it is amongst the top leaders in the banking system. But bailing it out led to an infusion of $40 bn in the form of capital considerations and more than $300 bn in form of guarantees which was the tax payers’ money. Against this protection Citigroup gave the government warrants to buy the shares in the company. The company was slowly heading to the path of bankruptcy because of the mortgage losses and the in general the slowdown of the US economy. Letting Citi go bankrupt would have made the investors all around lose hope on the US Financial markets. Bear Sterns and Lehman Brothers were not bailed out and was allowed to go bankrupt but, that was because there financial situations were way more complex and risky for the US Fed. The risk that resulted by the failure of Lehman's incompetence was less compared to the threat Citi's bankruptcy would have had on the global markets.

Concept of Free Market and Capitalism

Free markets are markets where there is unobstructed competition and the buyers and sellers are free to buy and sell anything and everything. Capitalism is an economic and political system where the firms are free to compete with each other and the markets are driven by profits rather than the states. So, a privately owned economy which supports free and capitalist markets are pro-competition and believe in the concept of 'survival of the fittest'. Incompetence in a highly competitive market leads to failures and therefore, involvement of the govt. is very necessary for a capitalist market. They act as protectors so that if a firm is 'too big to fail' then, they try everything possible to not let that happen because that shakes the faith of the common man on the financial markets.

Too Big to Fail?

Bailing out large banks can be a very risky deal for the govt. at times. This is the reason, the Fed didn’t bail out all the financial institutions during the recession. Big names like Lehman Brothers, Bear Sterns and AIG had to go bankrupt because the Fed didn’t think that they could afford to bear the risks that would have had come on the way if these firms were bailed out. A detailed analysis of the financial and economic scenario of a firm is decided before talks of bailing it out begin. Bailing out banks like JPMorgan, Citi, Barclays etc. did possess a lot of threats and risk which can still be seen in the financial performance of the US but, letting them go could have created more chaos in the financial and banking systems of US. These banks were 'too big to fail'.

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What are counterarguments in favor of letting the bank fail?

Discuss concepts of free markets and capitalism that create competition and allow unsuccessful firms to fail.

Does bailing out large global banks cause them to take excessive risks on the theory that they are "too big to fail"?

Why the government shouldn't have let the bank fail?

The failure of Citigroup, one of the major players in the banking system, would have rocked global financial markets. But the bailout injected $40 billion in stock acquisitions and more than $300 billion in his guarantees. These are taxpayers' money. In defiance of these protections, Citigroup issued warrants to the government to purchase shares in the company. The company was slowly heading toward bankruptcy due to mortgage losses and a general slowdown in the U.S. economy. Investors around the world will despair of the US financial markets if Citi goes bankrupt. Bear Sterns and Lehman Brothers were not bailed out and allowed to go bankrupt because the Fed's financial situation was much more complex and risky. The risk of Lehman's incompetence failing was less than the threat Citi's bankruptcy posed to world markets.

Concept of Free Market and Capitalism

A free market is one where competition is unimpeded and buyers and sellers are free to buy and sell. Capitalism is an economic and political system in which firms compete freely with each other and markets are governed by profits rather than the state. A privately owned economy that supports free and capitalist markets therefore promotes competition and believes in the concept of “survival of the fittest”. Incompetence in a competitive market leads to failure and government intervention. Very necessary for the capitalist market. They act as guardians to ensure that if the company is too big to go bankrupt, they will do everything in their power to prevent this from happening. This is because it undermines public confidence in financial markets.

Too Big to Fail?

Bailing out big banks can be a very risky business for governments. sometimes. This is why the Fed didn't bail out all financial institutions during the recession. Big companies like Lehman Brothers, Bear Stearns, and AIG went bankrupt because the Fed didn't think they could afford the risks that would arise if they were bailed out. A detailed analysis of the company's financial and economic scenario is determined before bailout negotiations begin. Bailouts of banks such as JP Morgan, Citi and Barclays introduced many threats and risks that are still visible in US financial performance, but letting go of them caused further disruption to the US financial and banking system. It's possible.These banks were "too big to bust."

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suppose that the required reserve ratio is 3.00 %. what is the simple money (deposit) multiplier? round to two decimal places.

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The required reserve ratio is 3 % so the Money multiplier = 33.33

The money multiplier formula is:

Money Multiplier = 1 / Reserve Percentage

where reserve ratio = 3%

                           = 0.03 (given)

Money multiplier = 1/0.03

Money multiplier = 33.33

Now, will raising the reserve ratio raise or lower the money multiplier?

Check the money multiplier values ​​for different reserve ratios to see patterns.

Reserve rate 4%, 5%, ..

Money multiplier = 1/0.04

                           = 25

Money multiplier = 1/0.05

                                   = 20

The money multiplier is declining, as evidenced by the rising reserve ratio.

What is a Simple Deposit Multiplier?

A deposit multiplier is the maximum amount a bank can make for each unit it holds as a reserve. The deposit multiplier is the percentage of the amount deposited in the bank that can be borrowed. This percentage is usually determined by reserve requirements set by the Federal Reserve.

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Which of the following statements about GDP is correct?
(i) Nominal GDP values production at constant prices, whereas real GDP values production at current prices.
(ii) Nominal GDP values production at market prices, whereas real GDP values production at the cost of the resources used in the production process.
(iii) Nominal GDP consistently underestimates the value of production, whereas real GDP consistently overestimates the value of production.
(iv) Nominal GDP values production at current prices, whereas real GDP values production at constant prices.

Answers

The correct statement about GDP is (iv) "in contrast to nominal GDP, which values production at current prices, real GDP evaluates production at constant prices."

What is Gross Domestic Product?

Gross domestic product (GDP) is a more useful indication of the economy than gross national product (GNP), which is primarily used to understand the total income of a country's population within a given time period.

It is also possible to quantify the contribution of each industry or sector to the overall GDP.

A region's per capita GDP is derived by dividing its GDP by its entire population.

Real GDP rates production at constant prices as opposed to nominal GDP's valuation of production at current prices.

As the adage goes, "the world's most potent statistical measure of national development and progress."

Therefore, the correct statement about GDP is (iv) "in contrast to nominal GDP, which values production at current prices, real GDP evaluates production at constant prices."

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an investor purchases a mutual fund share for $80. the fund pays dividends of $2.40, distributes a capital gain of $6, and charges a fee of $6 when the fund is sold one year later for $81.60. what is the net rate of return from this investment? a. 3.25% b. 6.12% c. 4.12% d. 5.00%

Answers

The net rate of return from the investment is D. 5.00% .

What does Net rate mean?

The "net rate" is the rate of a service that is discounted after subtracting taxes and other fees. It is the actual price that the customer pays for the service.

What does Investment mean?

The process of using money to purchase or create something of value, such as stocks, bonds, real estate, or a business, is known as investing. It is a method of putting money to work to create long-term wealth. The act of investing can also refer to the process of committing capital with the expectation of generating a financial return.

Thus the Equation according to the question:

        The Collar return is $2.40 + $6+ ($81.60 - $80) - $6 = $4.

        The rate of return is $4/$80 = 5%.

Therefore the correct option is D. 5.00%.

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will is an office manager with a college degree, five years of experience, and a track record of being rated excellent at his work. he supervises seven staff members, and his employer pays him $40,000 a year. according to equity theory, which comparison would most likely lead will to conclude that his rate of pay is unfair?

Answers

The comparison that would most likely lead to the conclusion that Will's rate of pay is unfair is another manager in a different department who has five years of experience and supervising a staff of three member being paid $45,000 a year.

What is rate of pay?

The amount that an employee is paid over a period of time is known as their rate of pay. Some workers who put in more than 40 hours a week are eligible for overtime pay, which is normally equal to 1.5 times their regular rate. Wages, commissions, bonuses, and any other forms of compensation can all be included in an employee's rate of pay. According to the Fair Labor Standards Act, an employee's hourly wage is considered to be their usual rate of pay. When deciding how much to pay an employee for extra labor, many employers look at their rate of pay. Even though you are paid an hourly rate, your normal rate of pay could be different if you also got bonuses or other forms of supplemental compensation during that time.

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You are the Scrum Master for four teams working from the same Product Backlog. Several of the developers come to you complaining that work identified for the upcoming two Sprints will require full time commitment from Phil, an external specialist. As the Scrum Master what should you do to solve this upcoming problem?

(choose the best answer)

A) Prepare the Sprint Backlogs each day for the teams so Phil can spend some time in each team.

B) Allocate Phil to one team per Sprint, so that over four Sprints every team will have had the support it requires.

C) Consult with all Development Teams on how they want to handle this problem, and help them implement their preferred solution.

D) Ask Phil for a plan to hire and train additional people in his domain, and in the meantime work with the Product Owner and Development Teams to re-prioritize the work so that task not depending on Phil can be done first.

Answers

While working with the Product Owner and Development Teams to re-prioritize the work so that tasks not reliant on Phil can be completed first, the Scrum Master should ask Phil for a strategy to employ and train other people in his field. (D)

D is the best option. In the meanwhile, engage with the Product Owner and Development Teams to re-prioritize the work so that tasks not reliant on Phil may be done first. Ask Phil for a strategy to employ and train additional people in his field.

This is based on the outsourcing idea, where employers hire outside specialists to carry out duties or tasks that other employees within the company might not be able to do well.

In this scenario, Phil would promote other seasoned personnel, allowing the organization's staff to concentrate more on other departments and boost productivity.

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if 8000 dollars is invested in a bank account at an interest rate of 7 per cent per year, find the amount in the bank after 11 years if interest is compounded annually:

Answers

Interest is easiest to calculate as a proportion of the principal.

What do you think of as interest?

Interest is the cost you incur when borrowing money or when lending it out. Interest is typically expressed as an every year percentage of loan amount. This percentage is also referred to as the interest rate alone on loans.

How is interest put to use?

For example, if you leased $100 at 5% percent, you would have to pay the lender $105 in payback. The loan provider will make $5. Throughout your life, you may discover various kinds of interests. Every loan has a unique lending rate, which will have an impact on how much you ultimately owe.

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lisa would like to claim her granddaughter, amani, as her qualifying child so she can claim the earned income credit (eic). however, amani's mother, taya, is also eligible to claim amani as her qualifying child for eic purposes and would like to do so if she is able. as lisa's tax preparer, what information would you share with lisa? as long as lisa files before taya, she may claim eic based on amani, her qualifying child. lisa and taya may agree to each claim one-half of the eic based on amani, their qualifying child. lisa may claim eic based on amani if her adjusted gross income was higher than taya's. taya holds a higher right and may claim eic based on amani because taya is amani's parent.

Answers

Taya holds a higher right and may claim EITC based on Denisha because Taya is Denisha's parent and would be shared with Lisa. Thus, option B is correct.

 

What is tax?

Taxes are compulsory payments that a government agency, usually local, municipal, or federal, imposes on people or businesses. Different people may pay different amounts of tax.

Denisha, Lisa's granddaughter, should be considered a qualified kid for the EITC, according to Lisa (EITC). Taya, Denisha's mum, is nonetheless permitted to designate Denisha as her EITC-qualifying kid. Given that Taya is Denisha's father and therefore would help take care of Lisa, Taya seems to have a greater claim to the EITC centered on Denisha.

Therefore, option B is the correct option.

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The question is incomplete, the complete question will be:

Lisa would like to claim her granddaughter, Denisha, as her qualifying child so she can claim the Earned Income Tax Credit (EITC). However, Denisha's mother, Taya, is also eligible to claim Denisha as her qualifying child for EITC purposes. As Lisa's tax preparer, what information would you share with Lisa?

A. As long as Lisa files before Taya, she may claim EITC based on Denisha, her qualifying child.

B. Taya holds a higher right and may claim EITC based on Denisha, because Taya is Denisha's parent.

C. Lisa may claim EITC based on Denisha if her adjusted gross income was higher than Taya's.

D. Lisa and Taya may agree to each claim one half of the EITC based on Denisha, their qualifying child.

Which of the following could be expected when the government applies a contractionary fiscal policy? Which of the following could be expected when the government applies a contractionary fiscal policy?

Answers

Government expenditure increases are regarded as expansionary fiscal policies since they boost overall demand.

When the government adopts a contractionary fiscal strategy, which of the following is possible?

Governments may implement contractionary fiscal policy to lower aggregate demand and the money supply in order to slow inflation, which will result in lower output and price levels.

Do taxes drop as a result of fiscal contraction?

The government might implement a fiscal strategy of contraction to fight inflation. In this situation, there may be a combination of tax increases and spending cuts made in an effort to lower overall spending. According to many economists, the Federal Reserve's monetary policy is more effective in lowering inflation than other types of policy.

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walmart has chosen to execute their business strategy of providing lots of goods at low prices this is an example of

Answers

Walmart executes their business strategy of providing lots of goods at low prices, known as ELDP.

What is ELDP?

Walmart is a well-known eCommerce company that uses an amazing concept to compete with other behemoths.

Over 11,700 stores and 270 million people are served by Walmart. Its key business plan is to "provide an outstanding experience with the slogan of EDLP (Every Day Low Prices)" while also "being competitive in terms of assortment, differentiating with the manner people access, leading in terms of pricing, and leading in terms of market share."

Walmart is renowned for its two primary commercial tenets:

1. Single-stop purchasing

2. Daily Low Price (DLP) or Everyday Low Cost (EDLP)

However, the conflict over same-day delivery has completely altered its corporate approach.

Everyday Low Price (EDLP), according to Walmart, is one of their core pledges to manage costs.

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shale remodeling uses time and materials pricing. it reports the following information: direct labor rate $ 60 per dlh non-materials-related overhead $ 30 per dlh materials-related overhead 10% of direct materials cost target profit margin (both conversion and direct materials) 20% what price should the company quote for a job requiring four direct labor hours and $580 in materials?

Answers

Calculation of time charger per hour of direct labor:

Rate per Hour = Direct labor rate + Non-materials-related overhead = $ 60 +$ 30 = $ 90

The computation of the time charger per hour of direct labor is shown below:-

Total rate of labor per hour = Direct labor rate + Non- materials related overhead

= $60 + $30

= $90

Total profit margin = $90 * 20%= 18

So, Time charger per hour of direct labor = $90 + $18= $108

Pricing is the process of determining the value that a manufacturer will receive in exchange for their goods and services. The producer uses a pricing strategy to make the cost of its products suitable for both the manufacturer and the consumer. Pricing is determined by the company's average prices as well as the buyer's estimation of an item's value in relation to that of competitors' goods.

Every entrepreneur starts a company with the goal of making a profit. The price strategy used by a company can help it achieve this goal. The following point should be taken into account while determining a product's and service's price: What the goods and services are named, the price of comparable products and services on the market.

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Which of the following steps is not included in the Organizational Buying Process?

Answers

Out of the choices provided above, establishment of decision criteria is one of the steps not included in the process of Organizational Buying. Therefore, the option B holds true.

Organizational Buying can be referred to or considered as the process wherein the organization defines the need of a product related to it being bought by the public. This process also identifies the alternatives and selecting the appropriate solutions to the problems by thorough evaluation of the same. However, is does not involve the selection of criterion related to decision-making.

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Complete Question

Which of the following is not a step in the organizational buying process? A) Define the need B) Establish decision criteria C) Identify the alternatives D) Select the appropriate solution E) Evaluate the problem

for a company with a differentiation strategy, which functional group would likely be the main function?

Answers

Out of the choices provided, it can be stated that the functional group of marketing will most likely be the main function for a company with a differentiation strategy. Therefore, the option D holds true.

A marketing strategy can be referred to or considered as a strategy that is a part of a functional group, and defines one of the core and most important functions performed by an organization or a company. Moreover, it is a key to create differentiation within the organization as a part of its strategy.

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Complete question.

For a company with a differentiation strategy, which functional group would likely be the main function?

A. Human resources

B. Marketing

C. Operations

D. Finance

if you write a zero-based budget every month, it is not necessary to reconcile your account.

Answers

Answer:

false

Explanation:

a budget is an estimate of profit or expenses for a period of time

Warranty service, processing of complaints, and costs of litigation are examples of:

a. Internal costs of defects

b. External costs of defects

c. Appraisal costs

d. Prevention costs

e. Replacement costs

Answers

Option B, Examples of external failure costs include warranty service, complaint processing, and legal cost .

Liability claims. Warranty claims are seen as a cost of external failure. It is a cost that the company incurs to replace and repair goods that customers have recently purchased. Repairing flaws found by consumers results in external failure costs. These expenses cost  arise external failure costs when goods or services that fall short of design quality requirements are warranty not discovered until after they have been transferred to the client. They could consist of: Service and repairs in warranty  are performed on both faulty and working items.

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preston audio, a german audio equipment manufacturer, has a policy of appointing the best person for the job in its various locations regardless of the candidate's nationality. which staffing policy best describes preston audio's approach?

Answers

Preston audio uses geocentric staffing policy by appointing the best person for the job in its various locations regardless of the candidate's nationality.

What is geocentric staffing?

Hiring the best candidates for our roles without regard to their origins or residences is known as a geocentric strategy to recruitment. As a result,

1. Employing distant workers When we need to hire someone at a location where we don't have offices, we choose this option. For instance, let's say wethere is a need for a customer service representative to assist clients of a company in a different time zone.

2. Moving personnel. This covers both recruiting foreign talent into our home nation and relocating individuals to a new host nation. When a person must be physically present at a particular place yet the ideal candidate resides elsewhere, we employ this strategy.

The Geocentric Approach is justified by the idea that there is a global pool of talented workers, and that the most qualified applicant, who is proficient in his field, should be hired for the position regardless of his nationality. Because they adhere to an integrated global business plan, companies that are genuinely global adopt this strategy.

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it is much more expensive to make major changes to a project during the earlier phases. T or F

Answers

FALSE, during the LATER stages of a project's development, adjustments are more expensive to make. According to current brain studies, a child's formative years range from birth to age three.

Growth, advancement, positive change, or the addition of physical, economic, environmental, social, and demographic components are all products of development. Development is the process of gaining new knowledge, an occasion, or a process of progress. A nice illustration of development is the process through which a caterpillar becomes a butterfly. Development is about fostering progress in several areas so that, when combined, they can foster even more growth. In today's society, development is essential since it has an impact on many facets of daily life. Development, or the lack thereof, and the need to further development are greatly influenced by a number of factors. Development is vital for a nation since it enhances business and trade in addition to producing greater jobs. Trade with other nations expands as countries develop and attract more foreign businesses. As a result, the economy of the nation continues to grow and there are more good employment available.

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