The business model of an organisation includes all of this. The method a business develops, delivers, and collects value is referred to as its business model.
It describes what a firm does, how it differs from competitors, how it generates revenue, and what expenses are associated with running the business. The target client segments, the value offer, the income streams, and the essential resources and activities necessary to achieve the value proposition should all be clearly defined in a well-designed business model. A company's operations must be in line with its overall strategy and objectives, which is why understanding the business model is crucial for its success.
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leticia is an uber driver who works at night. last night, there was a large increase in the number of uber drivers willing to work. how will this change in supply affect the equilibrium, all else equal?
If this change in supply affects the equilibrium, all else equal then the price will increase and quantity will increase too.
What is supply?
A basic economic notion called supply refers to the total amount of a particular commodity or service that is made available to consumers. When shown as a graph, supply can refer to the quantity that is offered at a particular price or the quantity that is offered over a range of prices. This is strongly related to the demand for an item or service at a particular price; all other things being equal, the supply offered by producers will increase if the price rises because all businesses aim to maximize profits.
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If supply is price inelastic, the value of the price elasticity of supply must be: __________
In order for supply to be price inelastic, the value of supply's price elasticity must be: smaller than 1. If the price elasticity of supply is equal to 1 or greater, the item is unit price elastic; otherwise, the item is price elastic.
The term "completely inelastic" refers to a vertical supply curve. A demand or supply is said to be inelastic if its elasticity is less than one, indicating that it is not very responsive to changes in price. Unitary elasticities show proportional responsiveness of either the supply or the demand.
The two extremes of elasticity are described as being fully elastic and perfectly inelastic. The amount supplied changes by a larger percentage than the price when the price elasticity of the supply is greater than one.
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Which one of the following is NOT a component of the total compensation package for production workers at your company's production facilities? Copyright © by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. O The dollar size of the fringe benefit package provided to production workers O Any overtime pay O Incentive payments per non-defective pair produced O Annual base pay per worker O Year-end bonuses tied to the size of the increase in each production team's productivity (annual number of pairs produced)
It depends on the specific company's compensation package for production workers. All of the options listed are correct.
What is the production about?Note that the options of (dollar size of the fringe benefit package, overtime pay, incentive payments per non-defective pair produced, annual base pay per worker, and year-end bonuses tied to the size of the increase in each production team's productivity) could potentially be components of a total compensation package for production workers.
Therefore, Without more specific information about the company in question, it is not possible to determine which option is not a component of the total compensation package for production workers.
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Countries that develop and use the most advanced technologies, which then became available to follower countries, are known as __________countries.
Countries that develop and use most advanced technologies, which then became available to the follower countries, are known as pioneer countries.
What are pioneer countries?Pioneer countries are nations that lead the way in technological and industrial advancements. These countries were often the first to adopt new technologies and systems, and as a result, they experienced significant growth and prosperity. Some of the most well-known pioneer countries include the United Kingdom, which was a leading industrial power in the 19th century, and the United States, which became a dominant force in the 20th century. Other notable pioneer countries include Germany, Japan, and South Korea, all of which experienced rapid industrial growth and development in the 20th and 21st centuries. These countries have set the standard for technological and industrial progress, and they continue to be leaders in these fields today.
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in the last few years, most of the countries of the world saw a dramatic slowdown in the growth of their economies with the exception of
One of the countries that have seen an increase in GDP growth is China.
The global economy has seen a dramatic slowdown in the last few years due to the COVID-19 pandemic. Most countries have experienced a significant decline in GDP growth and a rise in unemployment. However, there are a few countries that have managed to escape the economic downturn and have seen a boost in their economy.
The Chinese government implemented various stimulus measures such as increasing infrastructure investments, cutting taxes and providing subsidies to businesses. These measures helped the country achieve a GDP growth rate of 6.5 percent in 2020, which was higher than the estimated average growth rate of 4.9 percent for the global economy.
India also saw a positive trend in its economy. The country’s GDP grew by 4.2 percent in 2020, which is higher than the estimated average global growth rate. This was due to the government's economic policies and strong consumer demand.
In conclusion, while most countries of the world experienced a dramatic slowdown in their economies, there were a few that managed to escape the economic downturn and experienced a boost in their economies. These countries include China and India.
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coca-cola has developed data analytic technologies to produce orange juice that meets the taste demands of a global customer base. this is an example of using which value chain support activity?
This is an example of a value chain activity that aids in the development of technology.
Coca-Cola has created the orange juice that meets the tastes of a diverse customer base using data analytics techniques. Coca-Cola gives away free Cokes to patrons each time they walk into a movie using beacon technology. The primary value chain operations that pertain to the effective design and auxiliary value chain activities
Technological advancement: These procedures handle and process information while defending a company's knowledge base. Keeping up with technological changes, cutting information technology costs, and maintaining technical competence are some value growth techniques.
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pysch the government wants to know how much the average citizen spends each week for groceries. so it asks every citizen to report how much he or she spends each week. it collects data for an entire year and then determines the average. this highly laborious procedure for solving the problem is an example of
This is an example of a deductive research method. Deductive research involves deriving a hypothesis or theory from a set of observations.
In this case, the government wants to find out the average amount citizens spend on groceries each week. To do this, they collect data from citizens over the course of a year. This data is then analyzed to determine the average amount spent. This method is laborious and involves a great deal of time and effort, but it allows the government to accurately determine the average amount citizens spend on groceries each week. Deductive research is useful in uncovering trends and patterns in data, and is often used in the scientific and academic fields.
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______________ is the application of moral standards to business situations.
The study of right and wrong as well as the morality of decisions is known as ethics. The application of moral principles to business contexts is known as business ethics.
Business ethics make guarantee that there is at least a minimal level of trust between customers and different types of market participants with enterprises.
A portfolio manager, for instance, must treat the portfolios of small business owners and family members with the same respect as their more wealthy clients.
The public is treated fairly thanks to these kinds of procedures. Since then, business ethics has undergone some development.
Business ethics aims to balance what businesses must do legally with maintaining a competitive advantage over rival companies.
It goes beyond simply establishing moral principles of right and wrong. Various approaches are used by businesses to demonstrate their business ethics.
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the ground-fault protection provisions of 230.95 ? apply to a service disconnect for a continuous industrial process where a nonorderly shutdown will introduce additional or increased hazards.
Yes, the ground-fault protection provisions of 230.95 apply to service disconnects for continuous industrial processes where a non-orderly shutdown would introduce additional or increased hazards.
The ground-fault protection provisions of 230.95 are part of the National Electrical Code (NEC) and set requirements for the protection of electrical systems from ground faults. A ground fault occurs when electrical current strays from its intended path and flows into the ground, which can pose a risk of electrical shock or fire. In the case of a continuous industrial process, a non-orderly shutdown could introduce additional or increased hazards. This means that the electrical system needs to be designed and protected in a way that minimizes the risks of electrical shock or fire in case of a ground fault. The ground-fault protection provisions of 230.95 require that a service disconnect include ground-fault protection, which is a device that detects a ground fault and interrupts the electrical current to prevent further damage or harm. This helps to ensure the safety of electrical systems in continuous industrial processes and to prevent additional or increased hazards in case of a non-orderly shutdown.
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the difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell is called the .
The difference between the price at which a dealer is willing to buy and the price at which a dealer is willing to sell is called the bid ask spread.
A bid-ask spread is the amount by which the ask price for an asset in the market exceeds the bid price. The bid-ask spread is the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept for an asset.
A person looking to sell will be paid the bid price, while a person trying to purchase will pay the ask price. A security price is the market's view of its value at any given time, and it is unique.
To understand why there is a "bid" and a "ask," consider the two main parties in any market transaction: the price taker (trader) and the market maker (counterparty).
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nderapplied or overapplied overhead is the . multiple choice question. difference between overhead applied to work in process and actual overhead sum of overhead applied to work in process and actual overhead actual overhead overhead applied to work in process
Underapplied or overapplied overhead is the "difference between overhead applied to work in process and actual overhead."
In manufacturing, overhead costs refer to indirect costs that are not directly tied to the production of a specific product or service. Overhead costs must be allocated or assigned to the products manufactured in order to determine the total cost of each product. This allocation is based on an overhead rate, which is calculated by dividing the total overhead costs by a measure of production volume, such as direct labor hours or machine hours. Overhead applied to work in process refers to the amount of overhead costs that have been assigned or allocated to the products being produced. Actual overhead refers to the actual amount of overhead costs incurred during the accounting period.
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ch 2: which of the following terms is the most encompassing? a. value chain b. transformation process c. general management process d. operating system
B: "Transformation process" is the most encompassing term.
The transformation process refers to the entire set of activities that organizations undertake to transform inputs into finished goods or services. This process includes all the stages of a value chain, such as procurement of raw materials, manufacturing, marketing and sales, and delivery to customers.
It also encompasses the general management processes that oversee the entire transformation process, including planning, organizing, staffing, leading, and controlling. The operating system refers to the specific systems and processes that support the day-to-day operations of an organization. The transformation process is therefore more encompassing as it encompasses all of these other terms.
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of brick-and-mortar retailers, online retailers, and warehouse clubs, which is most likely to allow you to make a purchase at 3:00 a.m.?(1 point) responses none of them none of them brick-and-mortar retailers brick-and-mortar retailers warehouse clubs warehouse clubs online retailers
Of brick-and-mortar retailers, warehouse clubs, and online retailers D: online retailers are most likely to allow you to make a purchase at 3:00 a.m.
Online retailers are the most likely to allow you to make a purchase at 3:00 a.m. as they operate 24/7 through their websites and offer the convenience of shopping from anywhere and at any time.
Brick-and-mortar retailers and warehouse clubs, on the other hand, have physical store hours and are generally closed during the night. However, some brick-and-mortar stores may offer 24-hour shopping, but this is relatively rare. With the increasing popularity of online shopping, customers now have the flexibility to purchase products anytime, anywhere.
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recall the discussion in your textbook about the supply curve for oil. what explains why the supply curve for oil is positively sloped?
The supply curve for oil is positively sloped because as the price of oil increases, the quantity of oil supplied by producers also increases.
This positive relationship between price and quantity supplied is due to several factors. Firstly, higher prices provide an incentive for producers to extract more oil from existing wells and to develop new sources of oil. This increased production leads to a higher quantity supplied of oil. Secondly, higher prices can also make it economically viable to extract oil from previously uneconomic sources, such as oil shale or tar sands. This leads to an increase in the total quantity of oil that can be supplied. Thirdly, as the price of oil rises, producers may also become more efficient in extracting and producing oil, which can also lead to an increase in the quantity supplied.
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who, due to a disappointing experience while traveling with family, developed one of the world's largest lodging enterprises? group of answer choices caesar ritz bill marriott kemmons wilson howard johnson
Kemmons Wilson, the creator of the Holiday Inn hotel chain, was inspired to create one of the greatest accommodation businesses in the world after having a bad family vacation.
American businessman and entrepreneur Kemmons Wilson is best known for founding the Holiday Inn hotel brand. Wilson, who was born in Memphis, Tennessee, in 1912, had a love for the hospitality business at a young age. In 1952, he opened his first hotel in Memphis. As a result of the hotel's popularity, he decided to grow the brand and open additional sites across the nation. With more than 1,400 facilities spread across 80 countries, Holiday Inn expanded under Wilson's direction to become one of the largest hotel chains in the world. In 1980, Wilson was admitted to the International Hotel Industry Hall of Fame in recognition of his services to the hospitality sector.
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a company paid $5,000 cash to purchase equipment. the company recorded a debit to equipment of $5,000 and a credit to cash of $500. this company's accounting records are .
This company's accounting records are incorrect because debits do not equal credits.
An account is a particular document within an organization's financial ledger or stability sheet. Accountants, finance specialists, and bookkeepers can use debts to document vital monetary statistics, like reporting daily transactions to affirm the exact amount of money an enterprise has at any moment.
In accounting, an account is a document inside the well-known ledger this is used to type and keep transactions. for example, companies may have an account of a coin wherein to file each transaction that will increase or decreases the company's coins. fundamental accounting principles used inside the commercial enterprise global cowl sales, charges, assets, and liabilities. those elements are tracked and recorded in files which include stability sheets, earnings statements, and cash float statements.
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baxley brothers has a dso of 20 days, and its annual sales are $10,950,000. what is its accounts receivable balance? assume that it uses a 365-day year. round your answer to the nearest cent.
The accounts receivable balance of Baxley brothers is $600,000
What is accounts receivable?Accounts receivable, also known as AR or A/R, are legally enforceable claims for payment held by a business for goods or services supplied but not paid for by customers.
The accounts receivable balance of Baxley brothers is computed as:-
Given,
DSO = 20 days, where,
DSO is the abbreviation for Days Sales Outstanding and is referred to in no of days.
Average daily sales: Annual Sales /365 days
= $10,950,000/ 365 days.
= $ 30,000 per day
The accounts receivable balance = Daily sales × DSO
= $ 30,000 × DSO of 20
= $ 600,000
Therefore, $600,000 is the accounts receivable balance.
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assume that big chicken grower (bcg) is sued in a court of equity and the court issues a temporary injunction against bcg to prevent it from discharging waste water from its processing plant into the local river. this temporary injunction is an example of a (n) .
This interlocutory decree is an illustration of a temporary injunction.
A judicial ruling that is not final or that deals with a matter unrelated to the main issue in the current debate is known as an interlocutory decree.
For instance, a judicial judgement declaring the parties' divorce provisionally.
But deferring the dissolution of the marriage until a specific time period is known as an interlocutory decree of divorce in the United States or a decree nisi in England.
In order to prevent hasty and simple divorce, promote reconciliation, and allow the court to oversee the arrangements to be made for the couple's children, such a period of time is required.
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calculate the dupont identity for 2017,2018, and 2019.what is happening to the firm's roe? what seems to be driving the trend?
Dupont formula: In DuPont's formula, ROE is equal to profit margin times asset turnover times financial leverage. According to DuPont's analysis, Return on Equity equals Financial Leverage, which is Profit Ratio times Asset Turnover.
DuPont analysis is a useful technique used to analyze various factors of return on equity (ROE). Breaking down ROE allows investors to focus on key financial performance indicators individually to identify strengths and weaknesses. There are two versions of this tool. One considers a 3-step decomposition and the other a 5-step decomposition. Operating profit is Rs.86. The company has total assets of Rs.200 in debt and Rs.300 in equity with an interest rate of 6%. This brings the net profit to Rs 74.
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as a result of sampling procedures applied as tests of controls, an auditor incorrectly assesses control risk higher than appropriate. the most likely explanation for this situation is that
The deviation rate in the auditor's sample is less than the tolerable deviation rate, but it exceeds the population's tolerable deviation rate.
The deviation/failure rate in the auditor's sample is less than the TDR, but it exceeds the TDR in the population.
The expected deviation rate is the auditor's best estimate of the failure rate of a control in a population.
The maximum percentage variance in audit sampling that an auditor will accept in order to rely on a specific control is defined as the tolerable deviation rate.
Tolerable rate of deviation - A rate of deviation from prescribed internal control procedures established by the auditor in order to obtain an adequate level of assurance that the auditor's rate of deviation is not exceeded by the population's rate of deviation.
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profit would be an example of a(n) group of answer choices mission statement. strategy. goal or objective. strength. operating philosophy.
Profit is an example of a(n) collection of possible answers. A mission statement identifies a goal or objective.
A mission statement is a declaration of purpose that lists the aims and ambitions of a company, group, or person. It is a concise declaration of what the organization or individual intends to do and how it intends to do it.
It is typically used to communicate the overall purpose of the organization or individual to its stakeholders, such as employees, customers, and investors. The mission statement should provide a clear and concise explanation of the organization's purpose and should serve as a guide for decision-making.
A mission statement should also be regularly reviewed and updated to ensure that it remains relevant and up-to-date.
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some investors are limiting their investments to securities (e.g., stocks and bonds) that coincide with their beliefs about ethical and social responsibility. this is called .
some investors are limiting their investments to securities (e.g., stocks and bonds) that coincide with their beliefs about ethical and social responsibility. this is called : social investing
Socially responsible investing (SRI), social investment, sustainable social consciousness, "green," or ethical investing is any investment strategy that aims to include both financial return and social/environmental benefit in order to bring about societal change that proponents view to be favourable. Socially aware investments usually make up a tiny part of the total amount of money that businesses invest and are challenging.
Recently, it has also been referred to as "sustainable investing" and "responsible investing." Another subset of SRI called "impact investing" focuses on the intentional creation of social impact through investment.
In general, socially responsible investors back corporate practises that they believe encourage racial or gender diversity, consumer protection, human rights, and environmental stewardship.
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in articulating what a company does in terms of its customers, their needs, and through what core competencies, managers first formulate the company's:
In articulating what a company does in terms of its customers, their needs, and through what core competencies, managers first formulate the company's value proposition.
A value proposition is a statement that describes the unique benefits that a company offers to its customers, what customer needs it addresses, and how it differentiates itself from its competitors. It is a clear and concise statement of the value that a company provides to its customers.
The value proposition is a critical component of a company's overall strategy and helps managers to clearly communicate the company's purpose and goals to its employees, customers, and stakeholders.
By articulating the company's value proposition, managers can identify the company's core competencies, or the unique skills and resources that enable it to deliver value to its customers.
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does the purchase of a new oven produced in america count as consumer spending or investment spending?
Spending by consumers (C) would be the purchase of the oven if it is made for a residence. If an establishment buys the oven, it would be purchasing investments (I)
Consumer expenditure is what?The value of the products and services purchased by or on behalf of US citizens is known as consumer spending, or personal consumption expenditures (PCE). Annual, quarterly, and monthly consumer spending estimates are made public by BEA on a nationwide level. most recent release.
What exactly does investing entail?Expenditures on capital goods, or goods utilised in the creation of capital, goods, or services. Equipment, real estate, production inputs, and infrastructure are just a few examples of what investment money might be used for.
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Working-class courtship rituals in urban, industrial America in the late nineteenth centurya. remained remarkably similar to those of preindustrial America.b. changed in that women met prospective husbands only through their families.c. consisted of informal meetings at dance halls and other commercial settings.d. favored working-class women who no longer had to rely on men to pay for their entertainment
Working-class courtship rituals in urban, industrial America in the late nineteenth century changed significantly compared to those of pre-industrial America.
The rise of urbanization and industrialization led to a shift in social norms, as well as a transformation in the way that people lived and worked. As a result, working-class courtship rituals took on new forms. Rather than relying on families to arrange marriages, working-class men and women began to meet each other informally in commercial settings like dance halls, saloons, and tenement courtyards. This provided working-class women with greater opportunities for socializing and finding a partner, as they no longer had to rely on men to pay for their entertainment. However, these changes also brought new challenges and limitations, as the rise of urbanization also brought with it poverty, crime, and other social problems.
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the chicago tribune recently reported that the price of new cars, a normal good, has increased and that the quantity of new cars sold has risen. the new price and quantity could have been caused by a(n):
According to the Chicago Tribune, a number of reasons may have contributed to the recent rise in new automobile prices and sales.
A rise in consumer demand is one justification that may be made.
This might be brought on by a more robust economy, more consumer confidence, or easier access to consumer credit. In addition, factors like higher manufacturing costs, disruptions in the supply chain, or tariffs may have contributed to a rise in the cost of new cars.
Another cause for the rise in the average price of new cars is a change in consumer preferences toward more opulent or high-end vehicles.
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part of the job as a critical thinker is being analytic and evaluative. question 3 options: true false
Answer:
true
Explanation:
you believe that you will need to have saved $600,000 by the time you retire in 30 years in order to live comfortably. if the interest rate is 8% per year, how much must you save each year to meet your retirement goal (assuming you make annual payments to your saving account)?
As per the data given in the question, $20,000 the money you need to save each year (Also called Annual Savings) for the next 30 years to reach your retirement goal of $600,000, assuming an 8% interest rate.
To calculate how much you need to save each year to reach your retirement goal, you can use the following formula:
FV = PV * (1 + r)^n
where:
FV = future value (your retirement goal of $600,000)
PV = present value (the amount you have saved now)
r = interest rate (8%)
n = number of years until retirement (30)
Rearranging the formula to solve for PV:
PV = FV / (1 + r)^n
And then, solving for the annual savings amount:
annual savings = (FV - PV) / n
Plugging in the values:
annual savings = ($600,000 - PV) / 30
Assuming you have not saved anything yet, PV = 0:
Annual savings = $600,000 / 30 = $20,000
So, you need to save $20,000 each year for the next 30 years to reach your retirement goal of $600,000, assuming an 8% interest rate.
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Hello. Im in a rush of figuring out what kind of advertisement i need for my product and its a drone. Someone help please.
Answer/Explanation:
In regarding to advertisement, you can use social media to promote your product or spreading the word by participating in events regarding your form of business. For example, if you use a social media platform and have any related members or friends who are on the same platform, they can boost your product and assist in your advertising.
when companies use information technology (it) extensively, evidence may be available only in electronic form. what is an auditor's best course of action in such situations?
Conduct brief testing of the electronic data controllers.
In order to retrieve evidence from client databases, use generalised audit software.
The majority of the information required for auditing is delivered through networks and computers. For it to be effective, auditors must audit automated systems and data, use computers as auditing tools, and comprehend the business needs for the systems as well as the environment in which they function.
An auditor can access data in electronic form thanks to generalised audit software (GAS); in most cases, GAS will analyse data and present results in an understandable and practical format. An IT system may have robust internal controls and low control risk as a result, which could result from assessing control risk as high.
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