A classic example of what can go wrong if a firm does not focus on the benefits a customer receives instead of the product itself was the railroad industry is focusing on the comfort of the riders.
The rail enterprise accommodates of sale, manufacture, and operation of railway technology. Rail transportation, mostly inclusive of freight shipments and passenger service, performs a crucial function withinside the economic system of many countries. Rail enterprise sales fell through 50% from 1928 to 1933. By 1937, extra than 70,000 miles of railroad had been in receivership, representing round 30% of all rail miles. Many railroads had been in monetary problem at the eve of World War II.
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you will be paying $11,700 a year in tuition expenses at the end of the next two years. bonds currently yield 7%. required: a. what are the present value and duration of your obligation?
The present value and duration of your obligation is
Present value - 21153.81
Duration - 1.4831 years
In easy terms, costs imply value. In accounting terms, fee is the operational price that is paid to earn enterprise sales. It approach the outflow of cash in return for goods or offerings. expenses can also be written as the sum of all the operations that typically deliver income.
Charges suggest price. In accounting terms, fee is the operational fee this is paid to earn enterprise sales. It method the outflow of coins in go back for goods or services. charges can also be written because the sum of all of the operations that normally bring profit.
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if a gain of $7,000 results from selling (for cash) office equipment having a book value of $55,000, the total amount reported in the cash flows from investing activities section of the statement of cash flows is
The total amount reported in the cash flows from investing activities section of the statement of cash flows is $7000.
The total amount reported in the cash flows from investing activities section of the statement of cash flows is $7000.
NOTE:Only the gains/losses arising on sale of equipment would be reported under cash flow from operating activities.The resulting sale proceeds would be shown under cash flow from investing activities.
Hence in this case; gain of $7000 would be deducted from net income to arrive at the cash flow from operating activities for the firm.[NOTE:Net income is increased due to such gain on sale and hence it would have to be deducted back from net income to compute cash flow from operating activities as total sale proceeds is being shown under 'cash flow from investing activities' and hence double counting of such gains should be avoided]
Hence the correct option is: $7000
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Paul drives a truck as an employee for quick delivery, inc. Paul would most likely be considered acting outside of the scope of her employment if he.
Paul drives a truck as an employee for quick delivery, inc. Paul would most likely be considered acting outside of the scope of her employment if he. The degree of control that the principal exercises over the agent
Employment is a dating among two parties regulating the supply of paid labour services. commonly primarily based on a settlement, one birthday celebration, the corporation, which might be a employer, a now not-for-profit enterprise, a co-operative, or some other entity, will pay the opposite, the employee, in return for wearing out assigned work.[1] employees work in go back for wages, which may be paid on the basis of an hourly fee, by means of piecework or an annual revenue, relying on the sort of work an employee does, the winning conditions of the world and the bargaining strength among the events.
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nformation dropoff from higher to lower levels of an organization is a major problem withdownward communication. which of the following actions can managers take to resolve this problem? check all that apply.
The actions can managers take to resolve this problem is
downwardUse the correct communication channel for the message.Use active listening to get feedback on what message has been received.Maintain consistency between verbal and nonverbal messages.What is downward communication?Downward communication occurs when information and messages flow down through the formal chain of command or hierarchical structure of an organization. In other words, messages and orders start from the upper levels of the organizational hierarchy and move down to the lower levels.
Downward communication offers certain advantages to an organization:
Organizational Discipline : downward communication follows an organizational hierarchy, which means that organizational discipline and member compliance are much easier to maintain. Efficiency : downward communication ensures efficiency because instructions and information come from authoritative sources that can coordinate activities from the top of the organization. Employees receive feedback from their supervisors. Effective Communication of Goals : top management can easily communicate goals and share responsibility for achieving goals. Ease of Delegation : delegation is much easier when delegation comes directly from a vertical communication structure representing the chain of command.To learn more about downward communication, refer;
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juan, age 41, earns a salary of $28,000 and is not an active participant in any other qualified plan. his wife, agnes, generates no earned income.
The maximum total contributions deductible to their IRAs is $11,000.
What is contributions deductible?According to section 170(c) of the Internal Revenue Code, charitable contributions are defined as gifts made to or for the benefit of specific nonprofit organizations. Certain standards outlined in the code must be met by an organization. Some organizations must additionally submit a request to the Internal Revenue Service in order to qualify as section 501(c)(3) of the tax code tax-exempt non-profit charitable organizations. Unless the donee organization uses any of its net earnings to benefit a private shareholder or if it makes any attempt to sway political campaigns or legislation, contributions to charitable organizations are tax deductible to the donor.
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Thomlin Company forecasts that total overhead for the current year will be $15,500,000 with 250,000 total machine hours. Year to date, the actual overhead is $16,000,000 and the actual machine hours are 330,000 hours. The predetermined overhead rate based on machine hours is
$62 per machine hour
Thom-lin Company forecasts that total ove-rhead for the current year will be $15,500,000 with 250,000 total mac-hine hours. Year to date, the act-ual ove-rhead is $16,000,000 and the actual mac-hine hours are 330,000 hours.
The predeter-mined ove-rhead rate based on mac-hine hours is $62 per mach-ine hour. The predeter-mined ove-rhead rate based on machine hou-rs is $62. We will distribute the expected overhead cost over the costdriver. In this case, machine hours.
15,500,000/250,000 = 62
each mac-hine hour carries 62 dollars of over-head.
The actual mac-hine hours are used to deter-minate the applied over-head. While the actual cost it is com-pared with the applied to look for under-application or over-application.
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if there were 20 firms in this market, the short-run equilibrium price of steel would be $ per ton. at that price, firms in this industry would . therefore, in the long run, firms would the steel market. because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be $ per ton. from the graph, you can see that this means there will be firms operating in the steel industry in long-run equilibrium.
The fact that firms in this industry are earning positive profits will encourage entry into the market. This entry by new firms will drive the market price down until firms earn zero profit.
At this point, firms not in the industry will have no incentive to enter, and firms in the industry will have no incentive to exit, so the industry will be in long-run equilibrium.
Competitive corporations whose general prices are covered through their general sales grow to earn financial income. Accounting income, even though, manner that a corporation is jogging at a loss.
Zero monetary is a time period economists use whilst an agency's general fees are identical to its total revenues, which means its financial profit is identical to zero. Typically, whilst an organization is aggressive and has sales that cowl its costs, it is able to file a zero monetary income.
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FILL IN THE BLANK. ___ is a useful tool in the decision making process in various situations for businesses and organizations
SWOT Analysis. is a beneficial device within side the selection making method in diverse conditions for organizations and businesses.
The required details for SWOT Analysis in given paragraph
SWOT evaluation (or SWOT matrix) is a strategic planning and strategic management method used to assist someone or enterprise perceive Strengths, Weaknesses, Opportunities, and Threats associated to business opposition or undertaking planning. It is now and again referred to as situational evaluation or situational evaluation. Additional acronyms the use of the equal additives encompass TOWS and WOTS-UP. This method is designed to be used withinside the initial tiers of selection-making tactics and may be used as a device for assessment of the strategic function of businesses of many kinds (for-earnings enterprises, neighborhood and country wide governments, NGOs, etc.). It is supposed to perceive the inner and outside elements which are favorable and detrimental to attaining the goals of the mission or undertaking. Users of a SWOT evaluation regularly ask and solution inquiries to generate significant statistics for every class to make the device beneficial and perceive their aggressive advantage.
SWOT has been defined as a tried-and-actual device of strategic evaluation, however has additionally been criticized for its limitations, and options were developed.
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Suppose the government imposes a price ceiling of $40 on this market. What will be the size of the shortage in this market?.
Size of shortage in market when government imposes price ceiling is 1200.
At P = $40, Demand = 1600 and supply = 400
Shortage = 1600 - 400 = 1200
Price Ceiling- A price ceiling is a price control, or limit, imposed by the government or a group on how much a product, commodity, or service costs. Price ceilings are ostensibly used by governments to protect consumers from conditions that could make commodities prohibitively expensive.
A price ceiling prevents prices from rising above a predetermined level—the "ceiling." A price floor prevents a price from falling below a certain level, known as the "floor." Price ceilings can be understood using the demand and supply framework. Demand for goods and services outnumbers supply in many markets.
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carver lumber sells lumber and general building supplies to building contractors in a medium-sized town in montana. data regarding the store's operations follow: sales are budgeted at $357,000 for november, $327,000 for december, and $307,000 for january. collections are expected to be 80% in the month of sale and 20% in the month following the sale. the cost of goods sold is 70% of sales. the company desires to have an ending merchandise inventory equal to 70% of the following month's cost of goods sold. payment for merchandise is made in the month following the purchase. other monthly expenses to be paid in cash are $25,400. monthly depreciation is $17,400. ignore taxes.
The following calculation might be used to estimate December's net income:
Revenue = $327,000
Less cost of goods sold = (70%*$327,000) = ($228,900)
Gross profit = ($327,000-$228,900) = $98,100
Less Depreciation = ($17,400)
Less Operating expenses = ($25,400)
Net Income = $55,300
As a result, the December net income would be 55,300.
The above question is incomplete. The complete question is:
Carver Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow:
Sales are budgeted at $357,000 for November, $327,000 for December, and $307,000 for January.
Collections are expected to be 80% in the month of sale and 20% in the month following the sale.
The cost of goods sold is 70% of sales.
The company desires to have an ending merchandise inventory equal to 70% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase.
Other monthly expenses to be paid in cash are $25,400.
Monthly depreciation is $17,400.
Ignore taxes.
Balance Sheet
October 31
Assets
Cash $ 21,100
Accounts receivable 78,400
Inventory 174,930
Property, plant and equipment, net of $505,500 accumulated depreciation 1,009,000
Total assets $ 1,283,430
Liabilities and Stockholders’ Equity
Accounts payable $ 275,500
Common stock 787,000
Retained earnings 220,930
Total liabilities and stockholders’ equity $ 1,283,430
The net income for December would be:_______.
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when cheyenne shops in her town, she always buys something at her favorite store, bliss boutique, because the owner burns scented candles, plays calming music for shoppers, and creatively displays the merchandise. bliss boutique understands the importance of
The bliss boutique understands the importance of good Ambiance.
What is Ambiance?An Ambiance is the mood or setting of a place. Like the ambiance of the shop is the burning essence, calm music and creative display of the products.
An ambiance is described as luxurious, magical ,elegant, stylish or homely, where the more focus is on physical aspects.
The good ambiance attracts more customers and promotes business growth and profits in. It is associated with higher consumer experience ratings and overall satisfaction.
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when leaders establish high standards of excellence, seek continuous improvement, and show confidence in followers, they are using which of the following leadership styles?
When leaders establish high standards of excellence, seek continuous improvement, and show confidence in followers, they are using achievement-oriented leadership styles.
What is leadership style?Leadership styles refer to techniques followed by leaders to implement better control and decision-making in the country. This helps them with new learning and information sharing between people.
A leader that adopts an achievement-oriented leadership style sets difficult goals for their team members in order to promote their development. it refers to having the motivation and zeal to achieve success in all that you do, perform well, and achieve your goals.
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Which event management employee is responsible for personnel, procedures, and activities such as ceremonies and protocol, sponsorship, and vip services?.
The public relations, marketing, and hospitality division manager is responsible for personnel, procedures, and activities such as ceremonies and protocol, sponsorship, and VIP services.
The manager of the division in charge of public relations, marketing, and hospitality is in charge of staff, policies, and events like ceremonies and protocol, sponsorship, and VIP services.
Maintaining a company's reputation and image is the responsibility of marketing and public relations (PR) officers. They affect attitudes and behaviour both inside and externally through a range of communication channels, including as websites, social media, news coverage, and more.
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what happens if i quit job in my current company while in h1b and interviewing at other companies simultaniously
H1B visa holders can switch employers while still maintaining their status. You must, however, reapply for the H1B visa in order to do this.
What happens if you resign from your H-1B position?The U.S. Department of Labor (USDOL) and U.S. Citizenship and Immigration Services (USCIS) must be notified of an H-1B employee's resignation in order to close the immigration file. If an H-1B employee resigns, the HR specialist must have sent an immigration specialist a copy of a resignation PNF showing the last day of employment.
How long is the H-1B visa valid after leaving a job?You will be regarded as having a valid status for the duration of the 60-day grace period. To be eligible to apply for a change of status, an extension, or other associated privileges, you must be in good standing, according to immigration law in the United States.
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If a 10% increase in the price of gasoline results in a 2% decrease in the quantity demanded of gasoline, then the elasticity of demand for gasoline is a.equal to 0.2 and demand is inelastic b.equal to 0.2, and demand is elastic c.equal to 5 and is elastic d.equal to five and is inelastic
The declared fact, Demand and price elasticity is 0.20. A price increase will raise overall revenue.
What demanded Meaning?Demand, claim, need, and exact all indicate to request something as required or appropriate. Demand implies an ability to make demands that must be taken as commands, as well as presumptuousness and persistence.
Was demanded in a sentence?I waited for a response. The union is asking for a 7% pay raise this year. He has always demanded the highest moral standards of behavior from his children. Speech plus Where do you think you'll be going? the officer questioned. a request for: a requirement placed on the other party to provide Example: The team leader insisted on paying the team members more money.
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How are interest groups funded ?.
Either private or public grants. informal contacts with members of Congress (lunch, dinner, parties, sporting events, travels) to solicit support for legislation.
What is meant by interest group ?They exert significant financial and/or psychological pressure on you to complete tasks that will advance their group. They focus on a small number of narrowly defined problems, avoid enlisting people with opposing viewpoints, and organize around shared principles rather than geographical location.
Either private or public grants. informal contacts with members of Congress (lunch, dinner, parties, sporting events, travels) to solicit support for legislation.
Interest groups are created to advance the causes that matter to its members. Influencing public policy is their main concern. Interest groups are also referred to as "pressure" or "lobby" groups because one of their main responsibilities is to apply pressure to political decision-makers.
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how can the federal reserve influence long-term interest rates and shift the mp curve without changing the current risk-free interest rate?
The IS curve can be shifted to the right and GDP increased by the government by increasing expenditure or decreasing taxation.
The MP curve can be shifted downward and GDP can rise if the Fed lowers interest rates. The policies listed in part a can be combined to shift actual output in the direction of potential output.The Investment-Savings (1S) curve displays all the output (GDP) and interest rate levels where an economy’s total desired investment () and total wanted saving () are equal (S). It is possible to reach this equilibrium at an interest rate that optimises output. Because investment is larger and there is a lower interest rate, the IS curve slopes downward and to the right, increasing GDP.The Federal Reserve can lower interest rates to boost employment and productivity. To aid in reducing the recession, the federal government can increase spending.
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TRUE/FALSE. anything that will immediately impact profits or bottleneck your operations is not a good place to experiment with a new electronic procurement system.
The anything that will immediately impact profits or bottleneck your operations is not a good place to experiment with a new electronic procurement system is true.
What is electronic procurement system?E-procurement systems, applications that allow companies to use the Internet to procure the goods and services they need, are not created equal. The term itself is quite broad and actually has several different applications. Part of a successful implementation involves choosing the right application. There are generally three main categories of electronic procurement systems. One type focuses on improving business operations and business decision making. businesses may handle hundreds of transactions each week, but these programs simplify the process and help strengthen relationships between buyers and suppliers. Another category of electronic procurement systems includes asset management. Systems in this category provide inventory management, maintenance, internal product availability, and other similar services.To learn more about electronic procurement system, refer;
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What are the 8 steps in making a bill of a law?.
Getting a bill passed is much more difficult than it seems. Every step of the way involves taking actions, persuading others, and paying attention to timing.
What are the eight steps in creating a law?
1. Be introduced: A bill must first be drafted, have a senator or representative sponsor it, receive signatures from other lawmakers, and then be introduced by being dropped into the hopper.
2. Have your bill heard in committee: After your bill is introduced, a committee is given charge of it. If you want a hearing—or at the very least, get the Committee Chair interested in hearing more—you'll need their support.
3. Vote Aaron Barnad out of committee: Your bill won't advance unless it receives support from the majority of the committee. This entails numerous conferences, calls, and lobbying activities.
4. Be pulled to the floor: This is where the majority of bills die slowly. A measure moves to the Rules Committee after it has been approved by its committee, which determines which bills will be put to a vote. In order for your measure to be put up for a vote, you will need to ask a member of the Rules Committee to perform a "rules pull."
5. Pass out of the House or Senate: Once your bill reaches the floor, you must ensure that it receives a majority vote; otherwise, it will not pass. This calls for increased gatherings, marketing, and advocacy initiatives.
6. Repeat steps 2–5 in the other house: Once your bill has been approved by the House or Senate, it must again go through processes 2–5 in the other house.
7. Be approved by both the House and the Senate: The exact same version of your bill needs to be approved by the House or Senate. In the event that amendments prevent that from happening, it is sent to a Concurrence Committee, a group of lawmakers who will attempt to bring the two drafts into agreement.
8. Have the governor sign it into legislation! Herppich, Steven M. Your law is up to the governor to either sign, reject, or veto. Your measure automatically becomes law if the governor doesn't sign it within a specific amount of time.
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Is an entrepreneur someone who starts a business?.
A business person could be one that begins and runs a business with restricted assets and composition and is responsible for the extended range of dangers and prizes of his or her business journey.
The business thought for the foremost half includes another item or administration as against a current set up of action. A person who starts a business is usually bold and tries to try and do the correct things to form their company prosper. An individual that starts a business is termed a business person. Actually, nearly everybody has been, or goes to be, a businessperson in one kind or another in their time period.
While most entrepreneurs are unit driven to create a business to a particular stage and sell to shareholders or investors, the lifestyle businessperson chooses to create a business they're smitten by and grow the business into an extended term, residual financial gain that's property.
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Which of the following are steps a sales manager can take to determine how many salespeople are needed to have an effective sales force? (Check all that apply.)
Use work and customer statistics to determine how many people are required to achieve company objectives.
Specify important sales tasks to be accomplished.
Estimate how much work can be done by a single salesperson in a given amount of time.
Steps a sales manager can take to determine how many salespeople are needed to have an effective sales force
Step 1- Specify important sales tasks to be accomplished.
Step 2- Estimate how much work can be done by a single salesperson in a given amount of time.
Step 3- Use work and customer statistics to determine how many people are required to achieve company objectives.
Effective sales force- The ability of a company's sales professionals to "win" at each stage of the customer's buying process, and ultimately earn the business on the right terms and in the right time frame, is referred to as sales force effectiveness.
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what are the periodic amounts that may be deducted from taxable income? book value. depreciation allowances. opportunity cost. cost basis.
Out of the choices provided above, it can be concluded to state that the periodic amounts that may be deducted from an organization's taxable income is also referred to as the allowances for depreciation. Therefore, the option B holds true.
The allowances for depreciation can be referred to or considered as the deductions that can be claimed by an organization to show the decline in value of its assets due to their utilization leading to wear and tear. There are certain regulations regarding the amount and period during which the depreciation allowances of different asset classes may be claimed by an organization.
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in the long run, a monopolistically competitive firm multiple choice earns an economic profit. achieves allocative efficiency. produces where mr exceeds mc. produces where p
A monopolistically competitive corporation eventually generates an (A) economic profit.
What is Monopolistic competition?A form of imperfect competition known as monopolistic competition pits numerous producers against one another while still providing goods that are distinguishable from one another (for example, by branding or quality) and are thus not exact substitutes.
In monopolistic competition, a corporation accepts the prices set by its competitors as given and pays no attention to how its own prices affect those of its rivals.
The monopolistic competition will turn into a government-granted monopoly if this occurs in the face of a coercive government. In contrast to ideal competition, the business keeps extra capacity.
A monopolistically competitive corporation eventually generates a profit.
Therefore, amonopolistically competitive corporation eventually generates an (A) economic profit.
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Correct question:
In the long run, a monopolistically competitive firm multiple choice
a. earns an economic profit.
b. achieves allocative efficiency.
c. produces where mr exceeds mc.
d. produces where p
the effect of a material transaction that is infrequent in occurrence and unusual in nature should be presented separately as a component of income from continuing operations when the transaction results in a
Answer:
true, there is no way a good thing can be together with another thing
the FILL IN TH BLANKmeasures the average change over time in the selling prices received by domestic producers for their output.
The Producer Price Index (PPI) measures the average change over time in the selling prices received by domestic producers for their output.
In manufacturing, producer price indices track the rate of change in the cost of goods sold after they leave the producer. They don't include any taxes, transportation costs, or trade margins that the buyer might have to pay. PPIs offer measurements of the typical changes in prices paid to producers of various commodities. They are frequently regarded as early warning signs of price changes in all sectors of the economy, particularly those affecting the costs of consumer products and services. Production of semi-processed items, other intermediate commodities, and final products including consumer goods and capital equipment are all included in manufacturing. An economy's inflation can be gauged using a variety of pricing indices.
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According to the Kano model, which of the following features in a refrigerator is most likely to fall under the category of a delighter?a.Temperature controlsb.A defrost option to clear icec.A unique anti-freeze feature that prevents the freezing of food inside the refrigeratord.A separate section for vegetables inside the refrigerator
A refrigerator's separate section for vegetables inside the refrigerator, per the Kano model, is most likely to be classified as a delighter.
A method for prioritizing features on a product roadmap based on how much they are likely to satisfy customers is called the Kano Model (pronounced "Kah-no"). Product teams can assess whether or not adding a highly-rated product to the roadmap is a wise strategic move by refrigerator comparing it to the costs associated with implementing it.
One of the various models for prioritizing activities that are available to assist product teams is the Kano Model. For instance, Kano can assist refrigerator teams in deciding which features will please and even excite customers. By categorizing prospective new features, product managers frequently Kano model utilize the Kano Model to prioritize them. These feature categories can range from those that might leave customers unsatisfied to those that are more likely to do so or even thrill them.
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How do I know if my bank account is being monitored?.
5 Ways to Know If my bank account has been monitored
Small Unexplained Payments. Unexpected messages from your bank. A call claiming to be your bank is asking for information. Large transactions drain your bank account. You notice that your account has been closed.What information does someone need to access your bank account?If they have your personal information (such as your social security number, social security number, etc.), they can steal your identity and access your bank account. When you're looking for a job, it's a good idea to implement fraud and credit monitoring to make sure no one is using your credentials for the wrong reasons. If fraudsters can combine your bank details with other easy-to-find information - such as your ABA or routing number, checking account number, address or name - they can easily steal money from your account. Here's how fraudsters can steal your bank account number in the first place: Phishing attacks The easiest way to become a victim of bank fraud is to share your bank details (eg account numbers, PINs, social security number) with someone.To learn more about bank account, refer;
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Nina oversees the buying of goods and services for her company. Which business department does she likely work in?.
Answer: The business department she works in is PURCHASING.
Explanation: Purchasing department play a vital role in a business's financial growth. It is the department within a company that acquires the goods and services that the business needs to function.
Procurement departments and buying departments are two terms used by some companies to describe their purchasing departments. Companies often rely on these units to help them meet their daily needs and achieve their long-term strategic goals. To maintain the efficiency of the company's operations, supply chain and vendor contracts are often monitored by these departments, depending on the size of the organization.
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tribiotic medical supply sells medical equipment to pharmacies and hospitals across the country. tribiotic is most likely selling through the _________ market.
If tribiotic medical supply sells medical equipment to pharmacies and hospitals across the country. tribiotic is most likely selling through the B2B market.
What is B2B market?B2B which full meaning is business to business is a type of business transaction that occur when a business person sell to another business owner.
This type of transaction is not business to customers in which a company sells directly to customers as this scenario best illustrate that the company is engaging in business to business transaction.
Therefore this is an example of business to business marketing.
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.if a decision tree is underfitting the training set, is it a good idea to try scaling the input features?
Decision Trees don't care if the training data are centered or scaled;Scaling the input features will merely be time-consuming.
Is it necessary for a decision tree to scale features?
No need for feature scaling:Decision Tree employs a rule-based approach rather than distance calculation, so it does not require feature scaling techniques like standardization and normalization.
What methods can be used to reduce decision tree overfitting?
A method used to prevent the decision tree from growing to its full depth is referred to as pruning.Pruning the trees and preventing them from overfitting can be accomplished by adjusting the decision tree model's hyperparameters. Pre-pruning and post-pruning are the two types of pruning.
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