In drafting your firm's written policy for the ethical use of social media, you want to be simple and clear. These include all of the following except Be honest.
Always be open and honest in your communication. People will respect and like you if you are honest about who really are and what you believe in. You'll build a connection.
Others respect truth as an ethical principle. From an etiquette perspective, you should always identify yourself, list your associations, and be explicit about your aims. That is appropriate conduct.
In business as much as in daily life, transparency is crucial. In terms of ethics, you should always divulge knowledge that you believe will benefit others. If you speak the truth, even when it is difficult, it is a sign of excellent manners. You have nothing if you can't communicate.
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In which of the following situations should you contact support? Check all that apply â You need help using the site. â You do not understand why an answer was marked as incorrect, but you have not yet read the explanation â You are unable to submit your answers
You do not understand why an answer was marked as incorrect, but you have not yet read the explanation.
Your course key doesn't work.
You find a mistake in an Aplia question.
What is Aplia?
One of the top Cengage learning management systems for college students taking classes in marketing, accounting, business law, finance, statistics, and philosophy is called Aplia. It is intended to be a comprehensive tool that gives students everything they need to succeed. Online assignments, drawn from a range of textbooks, are one of Aplia's main offerings. Your lecturer, the level of difficulty, and the style of the questions you receive on Aplia all affect how you answer them. Quizzes, multiple-choice questions, and free-response questions are all common forms of questions. Regardless of the questions you receive, your instructor wants you to submit accurate Aplia assignment solutions. Prepare yourself appropriately to answer the questions and obtain accurate Aplia accounting answers.
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Are service operations with a high degree of customer contact more or less difficult to control than those with a low degree of customer contact?
Service operations with a high degree of customer contact are generally more difficult to control than those with a low degree of customer contact. This is because customer contact involves a much greater degree of variability and unpredictability.
The customer's expectations, needs, and preferences can vary greatly, making the operation more difficult to plan and manage. Additionally, the customer's interactions with the service personnel can significantly affect the outcome of the service experience, making it more difficult to control. Furthermore, when customers are directly involved in the service process, it often requires a more personalized and customized approach, which can be difficult to control and manage.
Lastly, the human element of customer interaction is difficult to control, as it is difficult to predict how customers will react and behave. Overall, service operations with a high degree of customer contact require a greater degree of flexibility, responsiveness, and customization, making them more difficult to control. Additionally, customer expectations and interactions are difficult to predict and manage, further complicating the control process.
For these reasons, service operations with a high degree of customer contact tend to be more difficult to control than those with a low degree of customer contact.
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the purpose of using the resource based view (rbv) as part of an internal analysis of an organization is to
The purpose of using the resource based view (rbv) as part of an internal analysis of an organization is to identify the assets.
The resource-based view (RBV) is a managerial paradigm for determining the strategic resources that a company might use to gain a sustained competitive advantage.
The 1991 article "Firm Resources and Sustained Competitive Advantage" by Barney is largely regarded as a seminal contribution in the development of the resource-based perspective.
However, some scholars[who?] contend that evidence for a fragmentary resource-based paradigm existed as early as the 1930s.
According to RBV, firms are heterogeneous because they have heterogeneous resources, which means that firms can have diverse strategies due to varied resource mixes.
The RBV directs managerial attention to the firm's internal resources in order to discover assets, talents, and competencies that have the potential to create superior competitive advantages.
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Draw a PPF for The Federated States of Econesia (FSE) which can produce 1,000 diamonds if it devotes all resources to diamond production or 4,000 automobiles if it devotes all resources to automobile production. There is an increasing opportunity cost of producing each good.
a) Draw a point "A" on your graph indicating the production of 500 diamonds and 2,000 automobilies.
b) Draw a point "B" on the graph that would be an autarky equilibrium point. Be sure to add all information to help someone else realize that this is an autarky equilibrium point
. c) Draw a point "C" on the graph that lies along the same CIC as point A. Label this CIC0.
d) Now the FSE opens to international trade. Start a new graph for part d) to avoid some clutter; be sure to label point B on your graph. Assume that FSE has a comparative advantage in producing diamonds. Label a point "D" on your graph showing where the country would produce. Show exports and imports on your graph along with a new CIC′ curve for utility after trade.
a) To draw point A on the graph, start by plotting the two extremes where all resources are devoted to producing either diamonds or automobiles. Then plot a point at the midpoint between these extremes, where the production of both goods is equal to 500 diamonds and 2,000 automobiles. This is point A.
b) To draw point B, find the point on the PPF where there is no production of one of the goods, such as diamonds. The point where the country produces only automobiles is the autarky equilibrium point, which represents the best the country can do without trade. Label this point B.
c) To draw point C, find a point on the same indifference curve (CIC) as point A, which represents a combination of goods that provides the same level of utility as point A. Label this CIC0.
d) On a new graph, draw the autarky equilibrium point B. Assume that FSE has a comparative advantage in producing diamonds, so it will specialize in producing diamonds and trade for automobiles. Label a new point D on the graph, which represents the production after trade. The difference between the old production (point B) and the new production (point D) represents the exports and imports of the country. Draw a new CIC′ curve to represent the increased utility after trade.
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a budget doesn’t tell you not to spend. a budget actually
A budget does not tell you not to spend money. It actually allows you to spend your money on the things which matter the most.
A budget is a financial plan that outlines how much money you have coming in and going out each month. By creating a budget, you are taking control of your finances and deciding ahead of time how you want to allocate your money. This can include allocating funds for necessities like housing, food, and transportation, as well as savings, debt repayment, and discretionary spending.
The purpose of a budget is not to limit spending, but rather to ensure that you are spending your money in purchasing of those things that matter that most to you.
"
Complete question
A budget doesn’t tell you not to spend. A budget actually _________ .
"
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The technical data regarding a hazardou chemical hall be determined by:
Data from work-ite teting
Data from the manufacturer
Data from the upply tore
Data from the local fire department
The technical data regarding a hazardou chemical hall be determined by Data from the manufacturer.
How are chemicals determined to be hazardous?Hazardous chemicals are those that have the potential to endanger human health or safety. Chemical hazardous chemicals may be poisonous, explosive, flammable, self-reactive, oxidising, or corrosive depending on their qualities.The maker or importer of the chemical must choose the danger classes and, when applicable, the category of each class that relate to the chemical being categorised for each chemical.Check the product's container label and/or the SDS, both of which are available from the seller, to determine whether a material is harmful. A SDS is not necessary and may not be provided if a product is not categorised as a hazardous chemical under the Work Health and Safety Act of 2011.
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Which of the following expenses does not affect operating income? a. Income tax expense. b. Cost of goods sold. c. Depreciation expense. d. Rent expense.
The correct option is: a. Income tax expense.cost of products sold and devaluation all form a piece of the immediate expenses caused while assembling a venture.
Anyway lease is the circuitous expense not related straightforwardly to assembling of the item. Thus it doesn't influence operating income.
A tax expense is a liability owed to bureaucratic, state/commonplace, or potentially metropolitan legislatures inside a given period, regularly throughout the span of a year.
Tax expenses are determined by duplicating the fitting tax rate of an individual or business by the income got or generated before taxes, in the wake of factoring in such factors as non-deductible things, tax assets, and tax liabilities.
Tax Expense = Effective Tax Rate x Taxable Income
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if we wanted to talk about the long-run capital structure at which theriot tech ultimately wants to operate, we’d be talking about which capital structure, adam?
if we wanted to talk about the long-run capital structure at which Theriot tech ultimately wants to operate, we’d be talking about debt and equity mix capital structure.
Capital structure is the specific blend of debt and equity that a company uses to finance its operations and growth. Debt consists of espoused plutocrat that must be repaid, frequently with interest, while equity represents power stakes in the company. The debt- to- equity( D/ E) rate is a generally used measure of a company's capital structure and can give sapience into its position of threat. A company with a high proportion of debt in its capital structure may be considered unsafe for investors, but may also have lesser eventuality for growth.
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you are a project manager for a large consulting firm. a colleague, who is also a project manager, informs you that the project they were working on ended by extinction. which of the following statements best describes this type of project ending? answers a. resources were redistributed to other projects. b. the project evolved into an operation. c. the project was accepted by all key stakeholders. d. funding and resources were pulled.
The statement that best describes the ending of a project by extinction is "funding and resources were pulled." Extinction of a project refers to a situation where the project is terminated.
Because it is no longer feasible or desirable due to a lack of funding or resources. This could be due to a variety of reasons, such as changes in business priorities, a shift in the market, or a lack of progress on the project. When a project ends by extinction, it means that the project manager must take steps to wind down the project, allocate resources to other projects, and communicate the decision to stakeholders.
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How effectively do employees generate revenue?
Answer:
To calculate a company's revenue per employee, divide the company's total revenue by its current number of employees.
Explanation:
How do you fix resource busy and acquire with Nowait specified or timeout expired?
By changing the DDL LOCK TIMEOUT parameter in your session, you can extend the timeout. When this is changed, Oracle will delay returning the error "ORA-00054: resource busy and acquire with NOWAIT provided" until the new TIMEOUT has been reached.
Personal interests are pastimes that a person enjoys. They can consist of endeavours in learning, athletics, artistic expression, leisure time, volunteering, cultural activities, spiritual practices, traditional activities, and self-improvement. These include innovation, critical thinking, problem-solving, decision-making, the capacity for communication and collaboration, as well as social and personal responsibility that promotes good citizenship. These are all crucial 21st-century skills for success, both for successful individuals and for healthy societies. Hobbies are defined as leisure activities that are performed for fun. However, interests are the feelings or emotions that a person experiences. Curiosity about a specific thing or person is sparked by these emotions.
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Which of the following statements about the unemployment rate is true?a.)The unemployment rate is measured by the General Services Administration.b.)The unemployment rate is determined through a survey process.c.)There is no margin of error involved with the unemployment rate.d.)The unemployment rate is a leading indicator.
In order to calculate the unemployment rate, surveys are used. The ideal response is (B).
What is the most popular method of measuring unemployment?
The most popular method of measuring unemployment is the unemployment rate. The percentage of the employed population who are employed that are destitute is known as the unemployment rate. The following occupation classifications of a person are used by the National Sample Survey Organization (NSSO) officially define working and poverty.
Any of the following characteristics do wage earners not have?
They typically work full-time
High-skill job marketplaces typically experience less instability as a result of laws requiring minimum wages.
In order to calculate the unemployment rate, surveys are used. The ideal response is (B).
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customer value is identified in the text as possessing specific attributes. these include which four traits?
The four traits of customer value are quality, convenience, price, and customer service.
Customer value is an important concept in marketing and business, and it refers to the perceived benefits that a customer receives from a product or service, relative to its cost. Customer value is often identified as possessing specific attributes, which help to define and measure the level of value being delivered to the customer.
Quality refers to the overall level of excellence or superiority of a product or service. A product or service that is of high quality is more likely to be valued by customers, as it provides a more positive and satisfying experience.Convenience refers to the ease and accessibility of a product or service. A product or service that is convenient to use and obtain is more likely to be valued by customers, as it saves time and effort.Price refers to the cost of a product or service. A product or service that is priced competitively and provides good value for money is more likely to be valued by customers, as it represents a fair exchange of money for the benefits received.Customer service refers to the level of support and assistance provided to customers. A product or service that is backed by good customer service is more likely to be valued by customers, as it provides peace of mind and helps to resolve any issues that may arise.To know more about traits refer here:
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to improve how investors find and use information, the sec now requires public companies, called filers, to submit their financial reports as tagged _____ files.
In order to improve how investors can access public corporations' accounting statements, the SEC now requires that filers—also known as public corporations—provide their financial information as annotation tax audit files.
Who may be subject to a tax audit?Any company in India that has annual total sales, activity, or receipts of more than Rs. 1 crore is required to undergo a tax audit. You are entitled to a tax audit as a professional if your receipts total more than Rs. 50 lakh.
What does a tax audit aim to accomplish?The verification of a taxpayer's accounting records is referred to as a tax audit. A tax audit is conducted to verify the taxpayer's income tax calculation in the tax return as well as to guarantee that Income Tax regulations are being followed.
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The following information was extracted from the accounting records of Manufacturing Company: What was the cost of goodsmanufactured? a) 129,500 b) 182,000 c) 124,000 d) 162,000
129,500 was the cost of goods manufactured. Calculating a company's entire production expenses during a given time period results in the cost of items manufactured.
Additionally, it includes all costs associated with production items, storing them as inventory, and marketing them for sale. The cost required to convert raw materials inventory into finished goods inventory during a predetermined time period is referred to in accounting as the Cost of Goods Manufactured (COGM). The Cost of Goods Manufactured is determined and then recorded in the Finished Goods Inventory account when all the calculations required to determine the Cost of Goods Manufactured for a year have been completed.
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the text covers ______ main money management activities.
Answer:
3
Explanation:
The text covers three main money management activities. They are Storing and maintaining personal financial records and documents, Creating personal financial statements and Creating and implementing a plan for spending and saving.
What is money management?Money management refers to the processes of budgeting, saving, investing, spending, or otherwise overseeing the capital usage of an individual or group. The term can also refer more narrowly to investment management and portfolio management.
The predominant use of the phrase in financial markets is that of an investment professional making investment decisions for large pools of funds, such as mutual funds or pension plans. Money management broadly refers to the processes utilized to record and administer an individual's, household's, or organization's finances. The term also refers more narrowly to investment and portfolio management. Financial advisors and personal finance platforms such as mobile apps are increasingly common in helping individuals manage their money better.
Poor money management can lead to cycles of debt and financial strain.
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12-year-old boy took his radio-controlled model airplane to the park to show his friends the stunts he could do with it. the weather that day was rainy, and the instruction manual for the plane warned against flying it in the rain, but the boy was able to get the plane off of the ground. however, because of the rain, he had trouble controlling it with the transmitter. he tried to have the plane make a loop, but it veered off course and crashed through the fabric roof of a convertible, which was parked nearby on the street. the car owner sued the boy for damages through his guardian and the jury found in favor of the car owner. what is the likely explanation for the jury's decision?
The jury said that it was the fault of the boy as it was his responsibility to fly the plane properly and checking every little parts of the plane and the controller.
What is a Transmitter?
A transmitter is an electrical component used in telecommunications to generate radio waves that are then utilised by an antenna to broadcast or transfer data. The antenna receives an application of radio frequency alternating current from the transmitter, which radiates it as radio waves. Depending on the standard being used and the type of device, there are many different sorts of transmitters. For instance, many contemporary gadgets with communication capabilities have transmitters like Wi-Fi, Bluetooth, NFC, and cellular.
In order to meet a specific communication need, whether it be for voice or general data, transmitters are tools that communicate data as radio waves in a particular region of the electromagnetic spectrum.
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three charges are arranged at the corners of a square as shown in the figure. what is the direction of the electrostatic force on the lower-right charge?
The lesser charge is subject to an electrostatic force that is exerted in a north-western direction.
By electrostatic force, what do you mean?The electrically charged particles that make up the electrostatic force behave as both an attracting and a repulsive force. It is additionally called Columb's force. Charles-Augustin de Coulomb, an French scientist, would be honoured by having this Columb attraction bear his name. However, electrostatic force is one of the four fundamental forces of nature. The study of electric charges in a resting state is called electrostatics. Some materials, like amber, have been known to capture light particles after rubbing since classical times.
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The single most important factor in improving the climate for ethical behavior in a sales force is _____.
What is the single most important factor in improving the climate for ethical behavior in a sales force? There are many factors that can contribute to a more ethical work environment, but the single most important factor is often considered to be leadership.
Ethical behavior is a critical component of any successful sales force, as it helps to build trust and credibility with customers, as well as contributing to a positive work environment for employees. Improving the climate for ethical behavior in a sales force can help to enhance the reputation of the organization, increase customer loyalty, and foster a culture of integrity and accountability.
Leadership plays a crucial role in shaping the ethical culture of an organization, and can help to set the tone for ethical behavior throughout the sales force. Leaders who are committed to promoting ethical behavior and who model ethical conduct themselves are more likely to create a culture in which ethical behavior is the norm, and in which employees feel comfortable raising concerns and reporting unethical conduct.
Leaders can also support ethical behavior by creating clear policies and procedures that define what is and is not acceptable conduct, and by providing training and resources to help employees understand and adhere to these policies. In addition, leaders can encourage ethical behavior by recognizing and rewarding employees who act ethically, and by taking appropriate action when employees engage in unethical conduct.
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Major movie stars are paid millions of dollars per movie, which can take as much as 6 months of full-time work for an actor. By contrast, doctors and nurses earn considerably less over the same time period. Why might this be?.
This just shows our society values entertainment more than valuable skills that are vital to our communities. This is not only done to the medical field but also teachers, military service members, and first responders. It seems as though these fields are undervalued and underpaid. However, if we didn't have them, we wouldn't be able to thrive and succeed the way we do.
How long after refund is approved will it be deposited?
The time it takes for a refund to be deposited after it's approved can vary depending on several factors, including the method of refund (e.g. direct deposit or check).
The issuing bank or financial institution, and any potential delays or holds on the refund.
For a direct deposit refund, it typically takes 5-10 business days for the funds to appear in your account after the refund has been approved. If you received a refund check, it may take longer, potentially up to 2-3 weeks, for the check to be mailed and cleared by your bank.
It's important to keep in mind that these are general estimates and the actual time it takes for a refund to be deposited may vary depending on the specific circumstances.
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G West Company borrowed $30,000 on September 1, Year 1 from the Valley Bank. West agreed to pay interest annually at the rate of 5% per year. The note issued by West carried an 18-month term. Based on this information the amount of interest expense appearing on West's Year 1 income statement would be:
As a result, $1,000 in interest expenditure will be shown on West's income statement for the first year.
What is interest?
Interest is the amount paid over and above the original amount to a lender or depositor by a borrower or deposit-taking financial institution at a predetermined rate in the domains of finance and economics (the amount borrowed).
It differs from any fees the borrower may be required to pay to the lender or another party.
It also contrasts with a dividend, which is cash distributed to shareholders (owners) by a corporation from its profit or reserve, but not at a predefined rate or proportionally; rather, it is a portion of the reward gained by risk-taking businessmen when revenue is made that surpasses all expenditures.
West Company borrowed $50,000 from Valley Bank.
Interest is paid yearly at a rate of 6%.
Time is measured from September 1 to December 31.
Four months:
The duration of the note that West issued was 18 months.
Therefore,
Interest expense = Principal amount × Rate × Time period
= $50,000 × 6% × (4 ÷ 12)
= $50,000 × 0.06 × (1 ÷ 3)
= $1,000
Therefore, as a result, $1,000 in interest expenditure will be shown on West's income statement for the first year.
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Complete question:
On September 1, Year 1, West Company borrowed $50,000 from Valley Bank. West agreed to pay interest annually at the rate of 6% per year. The note issued by West carried an 18-month term. West Company has a calendar year-end. What is the amount of interest expense that will be reported on West's income statement for Year 1?
Multiple Choice
A. $0
B. $1,000
C. $300
D. $750
Establish the correct sequence of steps in the accounting measurement process. a. Record in a systematic fashion b. Identify relevant economic activity c. Quantify economic activity Select one: O ACB O СВА O CAB O BCA O ABC O BAC
O ABC. Determining the monetary value of an economic activity entails measurement, a fundamental accounting concept.
In the accounting process, which involves calculating the monetary value of economic activity, measurement is an important stage. Finding the relevant economic activity, which is any transaction or occurrence that has an effect on the organization's finances, is the first step in the measuring process. The economic activity is then quantified, or given a monetary value. Finally, the data is systematically recorded, typically in a ledger or other accounting records. Financial data used to create financial statements like the balance sheet and income statement is the end product of the measurement process. Management, investors, and other stakeholders utilise these statements as a quick picture of an organization's financial condition and performance to make defensible decisions.
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Alternative price indexes
Because there isn't one single measure of inflation, the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the consumer price index (CPI) and the GDP deflator.
The GDP deflator for this year is calculated by dividing thevalue of all goods and services produced in the economy this year using this year's prices by thevalue of all goods and services produced in the economy this year using the base year's prices and multiplying by 100. However, the CPI reflects only the prices of all goods and servicesbought by consumers .
Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. Check all that apply.
Scenario
Shows up in the...
GDP Deflator
CPI
An increase in the price of a Chinese-made phone that is popular among U.S. consumers
A decrease in the price of a Waterman Industries deep-water reel, which is a commercial fishing product used for deep-sea fishing
The GDP deflator is a measure of inflation that takes into account the prices of all goods and services produced in the economy, while the CPI reflects only the prices of all goods and services bought by consumers.
Each price index gives a different perspective on inflation and is used to better understand the changes in prices in the economy over time.
The concept of alternative price indexes is that there is not one single measure of inflation, and the government and researchers use a variety of methods to get the most balanced picture of how prices fluctuate in the economy. Two of the most commonly used price indexes are the Consumer Price Index (CPI) and the GDP Deflator.
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which of the following is not one of the three guidelines for refining costing systems? answer identify cost-allocation bases that have cause-and-effect relationships create homogeneous indirect-cost pools identify fixed and variable costs increase direct-cost tracing
The following is not one of the three guidelines for refining costing systems Identifying cost-allocation bases that have cause-and-effect relationships.
What does "refined costing system" mean?
reduces the use of general averages when determining the cost of resources to be applied to cost objects (like jobs, goods, and services) and provides a better-measuring system of the expenses of indirect assets used by various cost objects, regardless of how differently those various cost objects use implied resources.
One of the three rules for improving costing systems does not include the following. identifying the bases for cost allocation that are related to outcomes.
Therefore, Refining a costing system refers to making adjustments to one that uses less broad averages to determine the cost of resources for each cost object.
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magdalen, miriam, and mary june were asked to consider two different cash flows: $500 that they could receive today and $1000 that would be received 3 years from today. magdalen wanted the $500 dollars today, miriam chose to collect $1000 in 3 years, and mary june was indifferent between these two options. can you offer an explanation of the choice made by each woman?
Magdalen chose the $500 today because she values the immediate gratification of having the money now.
Can you offer an explanation of the choice made by each woman?Magdalen: Magdalen opted for the $500 today because she is most likely looking for immediate gratification. She probably values the current availability of the money more than the prospect of receiving more money in three years.Miriam: Miriam chose to wait for the larger amount in three years because she values the potential gain more than the immediate gratification that the smaller amount offers. She is likely looking at the long-term benefits of the option.Mary June: Mary June wasn't swayed by either option, which likely means she is looking for a balance between immediate gratification and long-term gain. She may be weighing the pros and cons of both options and is still undecided.Miriam chose to collect $1000 in 3 years because she values the larger sum of money and is willing to wait to receive it. Mary June was indifferent between the two options because she is not particularly drawn to either option, and she was unable to make a decision.To learn more about comparison and explanation of different decisions refer to:
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my dream is to someday be able to claim i have created an innovative product."" you explain to him that he already is innovative. which of the following reasons do you provide? check all that apply.
Indeed if they want to keep their company small, the Rossi's can still produce innovative products.
The word innovation can relate to any new idea, procedure, or product, not just those developed
What's innovation with illustration?
innovation: This refers to changes made to make a process more effective a new idea, system, or device novelty. the preface of commodity new. For illustration, assembly lines were a advance in manufacturing. Business model invention This is when you transfigure business operations. Lift- participating platforms, similar as Uber or Lyft, are an illustration of this.
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The marketing program part of the planning phase of the strategic marketing process includes which of these? Multiple Choice developing a mission statement market segmentation analyzing the competitors developing the budget exploiting positive deviations
One of the marketing program part of the planning phase of the strategic marketing process is called as market segmentation. It has a function to analyze the market of a product in the planning process.
In economic and business, Product strategy generally can be described as the high-level plan for developing and marketing a product. Beside that, product strategy also can be described as how the product supports the business strategy and goals, and is brought to life through product roadmaps. There are four major elements of business strategies, such as customer, competitors, macro environment, and also market. Beside that also there are several types of business strategies, such as comparative business strategies, differentiation business strategies, and segmentation business strategies.
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Consider a production possibilities frontier with corn on the vertical axis and cars on the horizontal. Unusually good weather for growing corn shiftsA) the horizontal intercept rightward and the vertical intercept upward.B) the horizontal intercept rightward but does not shift the vertical intercept.C) the vertical intercept upward but does not shift the horizontal intercept.D) neither the horizontal intercept nor the vertical intercept.
For the purpose of determining comparative advantage, the opportunity cost of producing one good in comparison to another good is indicated by the slope of the PPF.
What is the The Production Possibilities Frontier?The Production Possibilities Frontier (PPF) is a graph that displays all the possible output combinations of two items that can be produced given the resources and technology currently available. The ideas of choice, scarcity, and tradeoffs are all represented by the PPF.Whether costs are increasing, reducing, or staying the same will affect the PPF's form.The PPF's points serve as examples of combinations of output that are both productive and efficient. Without having knowledge of preferences, it is impossible to establish which locations are allocatively efficient.For the purpose of determining comparative advantage, the opportunity cost of producing one good in comparison to another good is indicated by the slope of the PPF.To Learn more About PPF Refer TO:
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entrepreneurs generally think differently about resources than do employee-managers in which of the following ways? a. managers want larger budgets; entrepreneurs work to do more with less. b. managers take on risk personally; entrepreneurs can offload the risk to equity investors. c. managers prefer bootstrapping; entrepreneurs tend to use only their own resources. d. managers tend to barter for resources; entrepreneurs prefer cash transactions.
Managers tend to view resources differently than employee entrepreneurs in that the latter strive to accomplish more with smaller expenditures.
While an employee works for a company, an entrepreneur starts their own firm. The tendency to operate creatively, strategically, intuitively, and on the lookout for new chances is known as entrepreneurial resources.
A mentality known as entrepreneurial thinking embodies the qualities of bold thinkers with audacious objectives. These business owners develop iterative plans based on data. They experiment with different strategies and think beyond the box.
In other words, those that exhibit entrepreneurial thinking explore outside of their organization's comfort zone for fresh chances to make a significant difference in the world.
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