Answer:
Records should be kept for business-use assets such as video equipment and vehicles because, Assets are the things you own and use in your business, such furniture and machines. To verify specific information about your company's assets, you must maintain records. To calculate the annual depreciation and the gain or loss when you sell the assets, you need records.
Explanation: Hope this helps you!
which of the following is a possible source of bias error in forecasting? multiple choice employing less sophisticated analysts than necessary using incorrect data using the wrong forecasting method using standard deviation rather than mad failing to include the right variables
A possible source of bias error in forecasting is d. failing to include the right variables.
What is bias error?When it comes to forecasting, the bias error is the error that comes the variables themselves. It means that the reason for the error in the forecasting does not just come from chance or other failures in the research such as using the wrong method of forecasting or using incorrect data.
Rather, the bias error comes when the right data is used, but not completely. In other words, while the data was correct, the variables used were not right. They were not related to the phenomenon that they were trying to investigate. When this happens, it means that the research will not be correct completely and would be biased towards certain variables instead of being objective. Therefore some values will be too high while others will be too low.
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narrowly defining public stock companies in terms of financial performance can lead to . multiple choice question. improved public relations more accurate accounting black swan events more efficient production
Black swan events may occur if public stock companies are only defined in terms of their financial performance.
The value of publicly traded corporations is too narrowly defined in terms of financial performance, according to economist Michael Porter and many others, which causes scandals and economic crises.
A company's financial performance serves as a barometer for how efficiently it can use the resources in its core business to create revenue. The expression is additionally employed as a general gauge of an organization's long-term financial health.
Analysts and investors analyze financial performance between comparable businesses in the same industry, or between sectors or industries overall. The financial performance of a company affects how successfully it generates revenue, manages its assets, commitments, and the financial interests of its stakeholders and investors.
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the three components of building a capable organization are a. optimizing the number of core competencies and competitive capabilities, making sure that all managers and employees are empowered, and maximizing internal operating efficiency. b. putting a centralized decision-making structure in place, determining who should have responsibility for each value chain activity, and aligning the corporate culture with key policies, procedures, and operating practices. c. staffing the organization, building core competencies and competitive capabilities, and structuring the organization and work effort. d. making periodic changes in the firm's internal organization to keep people from getting into a comfortable rut, instituting a decentralized approach to decision making, and developing the appropriate competencies and capabilities. e. hiring a capable top management team, empowering employees, and establishing a strategy-supportive corporate culture.
Option C is correct. Staffing the organization, building core competencies and competitive capabilities, and structuring the organization and work effort are three components of building up a capable organization.
In today's competitive world, for any organization, it is really to have a perfect plan and execution in order to retain power in the market. The three most important component involves staffing the organization which means recruiting the skilled and required labor to work efficiently toward the organization's goal.
For making it highly competitive in nature, the organization's executives and managers need to work on creating and implementing tasks (core competencies) in order to beat competitors.
The third is to have an internal organizational arrangement by core competencies by assessing specific responsibilities to specific persons.
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suppose the quota on taxi rides is increased to 9 million. what happens to the quota rent and the deadweight loss?
The responses are $1 and 1.If a government quota limit of 9 million rides is implemented, the owner of a taxi medallion
Receive quota rent of $1 per ride, but consumers and producers will lose out on a total of 1 million rides due to inefficiency.
"A Sound of Thunder"'s central thesis is that everything is connected and that even seemingly insignificant actions can have significant effects. The story serves as an example of how even seemingly unimportant occurrences, like the demise of a butterfly, can have significant consequences.
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elayne recently purchased a municipal bond through her stockbroker. the broker told her that the bond is backed by the full faith and credit of the issuer. what type of bond did elayne buy for her portfolio?
Elayne purchased General obligation municipal bonds for her portfolio.
What is a General obligation bond?
General obligation bonds, commonly known as GOs, are municipal bonds that give state and local governments a way to raise money for initiatives that might not immediately produce an income stream. Public school and transportation system construction are two examples of the kinds of initiatives that can be financed through general obligation bonds.
Because they are not guaranteed by a specific asset or project that generates income, these bonds are referred to as "general obligation" bonds. Instead, they are supported by the issuer's "full faith and credit." In simple words, this means that the bonds are secured by the state's or locality's ability to collect taxes and, if required, raise them in order to pay bondholders.
The bond bought by Elayne is backed by the full faith and credit of the issuer therefore it is a General Obligation municipal bond.
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if the demand for bananas is elastic, then an increase in the price of bananas will group of answer choices increase total revenue of banana sellers. decrease total revenue of banana sellers. not change total revenue of banana sellers. there is not enough information to answer this question.
If the demand for bananas is elastic, then an increase in the price of bananas will group in a decrease in the total revenue of banana sellers.
In economics, demand is the amount of goods that consumers are willing to purchase at various prices over a period of time. The relationship between price and quantity demanded is also called the demand curve.
Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them. When the price of a good or service increases, the quantity demanded tends to decrease.
Demand can be defined as the number of goods that a consumer can purchase at any price over a period of time.
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a policy that raised the natural rate of unemployment would shift a. the short-run phillips curve right but leave the long-run phillips curve unchanged. b. both the short-run and the long-run phillips curves to the right. c. neither the long-run phillips curve nor the short-run phillips curve right. d. the long-run phillips curve right but leave the short-run phillips curve unchanged.
D) The short-run Phillips curve would remain unchanged but the long-run Phillips curve would be moved to the right by a policy that increased the natural rate of unemployment.
What Is the Natural Unemployment Rate?
The natural rate of unemployment is the level of unemployment that would exist in a growing, healthy economy. In other words, only frictional and structural unemployment—not cyclical unemployment—is included in the natural rate of unemployment.
Full employment and potential real GDP are two more crucial ideas connected to the natural rate of unemployment. When the actual unemployment rate is the same as the natural rate, the economy is said to be at full employment. Real GDP is equal to potential real GDP when the economy is operating at full employment.
The unemployment rate is higher than the natural unemployment rate and real GDP is lower than potential, however, when the economy is not at full employment.
The unemployment rate is lower than the natural unemployment rate and real GDP is higher than potential when the economy is above full employment. Since operating above potential is comparable to employees working overtime, it is only achievable for a brief period of time.
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as the owner of a movie theater, you have decided to lower the price for all shows before 7:00 p.m. this month. what do you expect to happen?
The Quantity Demanded of shows before 7:00 pm will increase. This is because when the price of a good rises, the quantity demanded for that good increases.
What Is the Law of Supply and Demand?According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases.According to the law of supply, on the other hand, higher prices tend to increase an economic good's supply while lower ones tend to reduce it.The intersection of the supply and demand curves, which balances supply and demand, is a graphic representation of the market-clearing price.The product's price elasticity refers to the extent to which changes in price translate into changes in demand and supply. The demand for needs is comparatively inelastic, meaning that it responds less quickly to price changes.Price determination based on supply and demand curves presupposes an open market, where buyers and sellers can choose whether to engage in business or not based on the price. Taxes and regulations, supplier market power, the presence of substitute goods, and economic cycles are only a few examples of the variables that might change the shape or location of supply or demand curves. However, the commodities impacted by these external influences continue to be susceptible to the basic principles of supply and demand as long as buyers and sellers have agency.To learn more about demands, refer to
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refer to the diagram. an industrial (inclusive) union could increase employment in this labor market:
In this labor market, an industrial (inclusive) union might boost employment by negotiating any wage rate between W1 and W4.
What is employment?Employment is a partnership between two people that governs the delivery of compensated labor services.
One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them.
Employees perform work in exchange for pay, which may be made in the form of an hourly wage, piecework compensation, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties.
In some industries, employees could get stock options, bonuses, or gratuities.
According to the given diagram, in this labor market, an industrial (inclusive) union might boost employment by negotiating any wage rate between W1 and W4.
Therefore, in this labor market, an industrial (inclusive) union might boost employment by negotiating any wage rate between W1 and W4.
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when selling a fixed asset, the seller recognizes a gain or loss for the difference between the consideration received and the
When a fixed asset is sold, the difference between the purchase price and the asset's book value is recorded as a gain or loss by the seller.
Any valuable object or resource that can be exchanged for cash is asset considered to be an asset. Assets are owned by people, organizations, and governments. A company may gain money from using or owning an asset, or it may gain some other benefit from doing so.
Assets are valuable items that support production and expansion for asset businesses. Assets for a business can include tangibles like real purchase price estate, machinery, raw materials, and inventory as well as intangibles like intellectual property rights, royalties, and other patents.
The balance sheet lists the assets of a company and reveals how those assets are financed, whether by taking on debt or by issuing equity. The balance sheet offers a quick glimpse into how effectively a company's purchase price management is managing its resources. On a typical balance sheet, there are two types of assets.
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the portion of the strategic management process that concerns the organization, coordination, and integration of work processes is .
Strategy implementation is the part of the strategic management process that deals with the organization, coordination, and integration of work processes.
What are the four strategic management structures?
The strategic management process addresses work activity organization, coordination, and integration. Executives must select one of the four organizational structures for operations: simple, functional, multidivisional, and matrix. The three basic facets of strategic management are strategic analysis, strategic decision-making, and strategy implementation. Continue reading to find out more about the six crucial elements of strategic planning: the vision, mission, objectives, strategy, approach, and tactics. The four types of organizational structures are functional, multi-divisional, flat, and matrix. Others include team-based, network-based, and circular setups.
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_________ measures management effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.
ROI measures management effectiveness in generating profits with its available assets by dividing the net income generated by a project by the average assets invested in the project.
What do you mean by ROI?Return on Investment (ROI) is the monetary worth of an investment divided by its cost.(profit minus cost) / cost is the ROI formula. ROI is determined by subtracting the initial cost of the investment from the ultimate value, dividing the result by the cost of the investment, and then multiplying it by 100. The profit earned on an investment is divided by the cost of the investment to compute the return on investment (ROI).When represented as a percentage, an investment with a profit of $100 and a cost of $100 has a ROI of 1, or 100%. Return on investment, or ROI, is a key performance indicator (KPI) that organizations frequently use to measure the profitability of an expenditure.It's especially important for tracking progress over time and eliminating uncertainty when making future business decisions. Economists, investors, company executives, and financial analysts use it on a regular basis to determine if a certain investment is likely to make or lose money, and by how much.If all else is equal, a higher positive ROI is a desirable thing because it signals a more profitable investment.To learn more about ROI refer
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Question 6 imagine you are a project manager leading agile adoption at an organization. Why is it important that you find an executive sponsor to support the change? select all that apply.
As a project manager leading an agile adoption at an organization, it would be important you find an executive sponsor to support the change because:
b. It increases your chances of successfully shifting organizational culture.c. It helps to create a sense of ownership for the change you are creating.What role does Executive sponsor play?An executive sponsor is a role in project management, most usually the senior member of the project board and often the chair. But the project sponsor will be a senior executive in a corporation who is responsible to the business for the success of the project.
In essence, the executive sponsor is considered as a C-level senior executive who oversees a specific project's life cycle. In some places, the executive sponsors might help with the decision-making and planning process for multiple different projects at the same time
Therefore, the Option B & C is correct.
Missing options "a. It guarantees an increase in the project's budget. b. It increases your chances of successfully shifting organizational culture. c. It helps to create a sense of ownership for the change you are creating. d. It helps to answer your team's questions about what's working and what's not working right now."
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After a rough week and against her better judgment, leesa tells tarik she is tired of arguing with him over trip reports. She makes an exception for him and, against policy, says he no longer needs to fill them out. A week later, another sales rep comes to her and asks to stop preparing reports, just like tarik. Why do you think leesa now has a managerial problem?.
Because she neglected to offer procedural Justice, Pari has a management issue.
What exactly does procedural justice entail?The focus of procedural justice is on how the public and the police communicate, and how those interactions affect how the public perceives the police, how eager they are to follow the law, and the actual crime rates.Probation is one context where research has shown how procedural justice affects people's respect for and cooperation with norms and authority. According to service users, officers that are friendly, nonjudgmental, consistent, fair, and accountable are valued by them.Because she neglected to offer procedural Justice, Pari has a management issue. When she excluded Vihaan, Pari did not practice procedural justice, which is the act of treating every worker at the workplace equally with reference to a specific work method.To learn more about Procedural justice refer to:
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a hotel and resort company launched a new employee program that includes intensive training in different service encounter scenarios. this training program is most likely designed to lessen the problems related to the characteristic of services
This training program is most likely designed to lessen the problems related to the inseparability characteristic of services.
Intangible services are defined as many services lacking physical characteristics so that consumers cannot assess the value they derive from consuming such services with tangible evidence relating to the likely consequences of such services. It refers to the fact that it cannot be evaluated.
Services are closely related to production as they are usually produced and consumed simultaneously. Due to their inviolable nature, it is difficult for customers to evaluate our services before purchasing them. Customers must place a certain level of trust in their service provider to deliver service in a manner that meets or exceeds these promises.
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Identify at least three reasons why knowing your money personality will benefit you.
Answer:
Explanation:
As the new year begins and we start thinking about what we want to do different this year, often how we manage our finances are at the top of the list. As you navigate setting financial goals, consider how your money personality impacts your choices and goals. And yes, money personalities do exist. They can help you identify strengths and areas of improvement relating to your goals.
While there are numerous names for the 5 money personality types, I found Big Think gives a nice overview.
They found the 5 types of money personality types are Big Spenders, Savers, Shoppers, Debtors and Investors.
Big Spenders
Big Spenders like to “Go Big” with their purchases. The bigger and newer the better. They also don’t shy away from taking financial risks if it may benefit them in the future.
Savers
Savers like to hold onto their money. They are frugal with their spending habits and are cautious with how they manage their money especially when considering large purchases
Shoppers
This group likes to spend based on how they feel and how it relates to the purchase. At times, shoppers have a hard time knowing when to change their behavior especially when an item isn’t needed.
Debtors
Debtors are often unaware of their finances as a whole. They often carry debt but it doesn’t bother them.
Investors
The people in this group are forward thinking in how they spend their money. They look for opportunities to help set financial goals for the future, while maintaining their current finances.
Of course, you may see yourself in more than one of these personalities and that’s ok too. Once you have an idea of your money personality and how it relates to your spending you can consider ways to help you save too.
Knowing your money personality benefits you by increasing self-awareness, enabling personalized financial strategies, and improving relationships around money.
It increases self-awareness of your financial behaviors and tendencies, allowing you to make more informed decisions and improve your financial habits.
It enables you to develop personalized financial strategies that align with your unique characteristics, maximizing your chances of success.
By tailoring approaches to your money personality, you can create effective budgeting, saving, and investing plans.
Knowing your money personality can improve relationships, as it helps you understand differences in financial perspectives and promotes better communication with partners or family members.
Thus, this understanding allows for collaboration in setting financial goals and making joint decisions, fostering harmony and shared understanding in money-related matters.
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explain how to use decision trees and monte carlo analysis for quantifying risk. give an example of how you could use each technique on an information technology project.
Using a graphic to show the implications of selecting one or more options, decision tree analysis is a sort of quantitative risk assessment tool and technique.
What exactly is decision tree analysis?A decision tree is a flowchart that begins with one basic idea and then branches out dependent on the outcomes of your choices. The model is known as a "decision tree" because it resembles a tree with branches.
What is a Monte Carlo analysis?
Monte Carlo methods, also known as Monte Carlo experiments, are a broad class of computational algorithms that rely on repeated random sampling to get numerical results. The basic idea is to employ randomness to solve problems that are deterministic in theory.
They are frequently utilized in physical and mathematical problems and are especially beneficial when other approaches are difficult or impossible to use. Monte Carlo methods are commonly employed in three issue classes: optimization, numerical integration, and generating drawings from a probability distribution.
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Suppose a firm’s production process exhibits diseconomies of scale. How and why will costs change if the firm reduces its output?.
Managing the firm's workforce becomes more challenging, the long-term average total cost will rise.
How does diseconomies of scale affect a business?When a business grows to the point where its costs per unit increase, diseconomies of scale take place. Unit costs do not necessarily go down as output rises. An organization could occasionally get too big! Diseconomies of scale can be caused by a number of factors, but they are all related to the difficulties in managing a larger workforce.
Diseconomies of scale are a problem for large firms, and one solution may be to divide a massive corporation into smaller entities.
Thus, Managing the firm's workforce becomes more challenging
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Insurance premiums, entrance fees, train fares, and organization dues are all examples of?.
Insurance premiums, entrance fees, train fares, and organization dues are all examples of price.
What is price?Price is the amount of payment or compensation given by one party to another for a good or service. In some situations, the price of the product has a different name. If an item is a "commodity" in a commercial exchange, the consideration paid for that item is likely to be called its "price."
There are many other types of price. Some of them, like the threshold price, are conceptual. Others relate to the timing of a potential deal or the relative strength of the buyer and seller. However, they all ultimately have something to do with the spot price.
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in his book, the machine that changed the world, dr. james womack of m.i.t. specified the five tenets of lean manufacturing. these include, specifying the value of each product with precision, identifying how each product acquires its value (the value stream), and which 3 other principles?
According to Womack and Jones, the following are the five essential lean standards: respect, respect, respect, pull, and flawlessness.
You can guarantee that customers receive precisely what they require while simultaneously lowering the cost of producing that product or service by reducing and terminating pointless cycles or steps.
The highly persuasive production framework TPS served as the inspiration for the Lean approach to business process management, which is based on three fundamental standards: conveying the client's respect, getting rid of waste, and consistently improving.
The following are the five principles that are regarded as a recipe for increasing workplace efficiency:
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apple company compares its first quarter sales revenue for the current year with its previous year's first quarter sales revenue. this is an example of what type of comparison?
Apple company compares its first quarter sales revenue for the current year with its previous year's first quarter sales revenue. This is an example of an Intracompany type of comparison.
What is intracompany analysis?Intracompany refers to analysis within a single company and can be horizontal, vertical, or a combination of both. Horizontal analysis entails laying out time periods of data side by side to analyze trends.
The intra-company comparison refers to comparing the past performance of a single entity to its current performance. It can also refer to a comparison of two or more subsidiaries of the same parent company.
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You own a bread bakery on college avenue. The baking ovens you own are considered to be group of answer choices investment goods capital goods productive goods final goods
You own a bread bakery on college avenue. The baking ovens you own are considered to be capital goods.
Capital items are the belongings utilized by agencies withinside the route of manufacturing their merchandise and services, and may encompass buildings, machinery, gear and equipment.
A bakery oven is an outsized cooking equipment this is regularly located in expert kitchens. The inner cooking area is regularly described as having bakery depth, this means that that it's far wider and longer from the front to the lower back than a traditional, kitchen sized oven.
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consider a small town that has two grocery stores from which residents can choose to buy a gallon of milk. the store owners each must make a decision to set a high milk price or a low milk price. the payoff table, showing profit per week, is provided below. the profit in each cell is shown as (store 1, store 2). from the table below, what is the nash equilibrium of this price-setting game?
Price is the fee this is placed to a products or services and is the end result of a complicated set of calculations, studies and know-how and danger taking ability.
The required details for Price in given paragraph
1) a- Low rate , $ 500
2) a- Low rate , $ 800
3) a- Low rate , $ 500
4) a- Low rate , $ 800
5) b - Grocery Store 1 need to constantly set a low price (irrespective of what Grocery keep 2 does, keep 1 could earn a better payoff the use of this strategy)
6) b- Grocery Store 2 need to constantly set a low price
7) a- Grocery Store 1: Low Price
Grocery Store 2: Low Price
Pricing is the process wherein a enterprise units the rate at which it's going to promote its merchandise and services, and can be a part of the enterprise's advertising plan. In putting prices, the enterprise will don't forget the rate at which it is able to gather the goods, the production price, the marketplace, competition, marketplace condition, brand, and exceptional of product.
Pricing is a essential factor of product management and is one in every of the 4 Ps of the advertising mix, the opposite 3 elements being product, promotion, and place.
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If i wanted to find the mean salary for women in the finance department, i would use?.
If I wanted to find the mean salary for women in the finance department, I would use averageifs.
Finance, financing, is the system of raising finances or capital for any type of expenditure. it's far the machine of channeling numerous charge ranges in the form of credit scores, loans, or invested capital to those economic entities that maximum want them or can put them to the maximum productive use.
Finance can be divided extensively into 3 awesome classes: public finance, corporation finance, and private finance. more modern-day subcategories of finance consist of social finance and behavioral finance.
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many companies have tried to reposition themselves in the marketplace. some have succeeded; others have not. briefly describe why companies implement repositioning strategies.
When a business experiences a decline in sales and realizes it is necessary to make some adjustments and grow, repositioning is typically done.
Instead of a total makeover of your company's identity, a brand repositioning strategy is a targeted boost. Rebranding, on the other hand, requires a bigger effort. It can involve modifications to your primary product, brand name, logo, and more.
Repositioning is the process of changing a brand's status, affiliations, personality, and message while keeping all of the elements that make it instantly recognized. Briefly said, brand repositioning seeks to alter consumers' perceptions of a good or a brand rather than making a significant change.
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as its output increases, a firm's short-run marginal cost will eventually increase because of: group of answer choices diminishing returns inefficient production lower product price diseconomies of scale the firm's need to break even
A company's short-run marginal cost will eventually rise as its output rises due to diminishing returns.
According to the law of diminishing returns, assuming other factors stay constant, the rate of profit from an investment that is made in a certain region grows as well. However, at a certain point, the rate of profit from that investment cannot increase further.
As an illustration, consider a factory that, for a given increase in input, increases both its producible product and its CO2 output. A cornerstone of both micro and macroeconomics, the law of decreasing returns also occupies a significant place in production theory.
Diminishing marginal returns are a result of fixed expenses, low demand, harm to employees, and decreased productivity.
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as an apparent result of airline deregulation, a.many small communities have been left without airline service. b.the wages and benefits of airline workers have been reduced. c.air fares have risen more quickly than they probably would have under continued regulation. d.small commuter airlines have almost vanished.
The short answer is D—small commuter airlines have almost vanished.
Small commuter airlines have essentially disappeared as a result of airline deregulation. In truth, a number of new airlines have appeared and then vanished in the same manner in the regulated as well as uncontrolled markets. Falling prices or lower rates, greater travel, frequent flier programs, etc. were the end results of airline deregulation.
Schedule reductions have primarily affected small-market airports, with some of them completely losing commercial service. Due to this, passengers must now deal with higher prices, uncomfortable routes, or lengthy trips to larger ports.
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which theory argues that the best ethical alternative is the one that will produce the greatest amount of happiness to the largest number of stakeholders?
The ethical decision-making process' issue identification step weighs potential solutions while also considering how they will affect stakeholders.
What exactly is a decision?
A corporation's decision-making process involves the company making decisions about a variety of topics.
The step in the ethical decision-making process that involves assessing the consequences of a choice and balancing the alternatives must be identified in this question. In this instance, the business employs the issue identification process to pinpoint and quantify its consequences. The company determines the effectiveness of the alternatives it uses in the following stage after assessing the decision's impact. Thus, it follows that this process is utilized to determine the consequences on stakeholders.
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which of the following mortgage types has the most default risk, assuming the initial loan-to-value ratio, contract interest rate, and allother loan terms are identical? group of answer choices interest only loans fully amortizing loans partially amortizing loans there is no difference
Interest only loans has the most default risk, assuming the initial loan-to-value ratio, contract interest rate, and all other loan terms are identical.
An interest-only loan can be a suitable choice if you want to keep your monthly housing expenditures low. People who aren't looking to own a property for the long-term, such as those who frequently move or who are buying the home as a short-term investment, are common candidates for an interest-only mortgage.
Due to the decreased marketability of interest-only loans, which were once simple to sell to other financial institutions, lenders now require greater down payments from borrowers and charge higher interest rates than on conventional loans, which are seen as posing a lower risk.
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in addition to population growth, economic development is increasing resource consumption in china. which do you think plays a bigger role in achieving sustainability: population growth or economic development?
Rapid population growth makes it more challenging for low-income and lower-middle-income countries to afford the increase in public spending per capita required to end poverty, end hunger and malnutrition, and guarantee universal access to health care, education, and other essential services.
Affluence (in the form of economic progress) is not necessarily advantageous to environmental sustainability.
However, resource use is directly impacted by population expansion, which has detrimental effects on the ecosystem.There is always a chance that rich nations can assist their less developed counterparts.
They can achieve this by pooling resources or assisting developing nations in resource development. Thus, ensuring sustainability depends more on economic development.
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