A resource is anything that is stored or used to make things that will ultimately be consumed.
ResourcesResources are anything that has utility and counts value to your vitality. Air, water, food, plants, minerals, metals, and everything else that lives in nature and has utility to mankind is a 'Resource'.
The term industrial resources represent materials, services, processes, or manufacturing tools including the processes, technologies, and ancillary benefits for the use of such equipment required to install or support an efficient and modern national security industrial base.
Seven types of resource management are:(1) Forest resource management
(2) Water resource management
(3) Mineral resource management
(4) Land resource management
(5) Energy resource management
(6) Wildlife management
(7) Agriculture resource management.
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The first time ever corporation sells two products with a sales mix of 4:1 respectively for product a and b. what is the breakeven point in sales considering this additional information?
The correct answer is Sales of [tex]$40,000[/tex] for A, [tex]$20,000[/tex] for B.
Sales:
Lets consider 1 batch of production to contain [tex]4[/tex] units of A and [tex]1[/tex] unit B so as to maintain the product mix.
We will now first calculate the contribution from [tex]1[/tex] batch of production.
Contribution = Selling Price - Variable Cost
A and B
Selling Price [tex]50[/tex] and [tex]100[/tex]
Variable Cost [tex]20[/tex] and [tex]40[/tex]
Contribution [tex]30[/tex] and [tex]60[/tex]
Contribution per batch = Contribution of A * 4 + Contribution of B * 1 = [tex]30*4 + 60*1 = 180[/tex]
Total Fixed Cost = [tex]36000[/tex]
We know that Breakeven units = Total fixed cost / contribution per unit
So, Breakeven no. of batches [tex]= 36000 / 180 = 200[/tex] batches
Breakeven Sales of A = Breakeven no. of batches * units per batch * selling price per unit
[tex]= 200 * 4 * 50 = 40000[/tex]
Breakeven Sales of B = Breakeven no. of batches * units per batch * selling price per unit
[tex]= 200 * 1 * 100 = 20000[/tex]
Therefore, the correct answer is Option B - Sales of [tex]$40,000[/tex] for A, [tex]$20,000[/tex] for B.
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An investment tax credit offered during a recession is most likely to be temporary so that:____.
An investment tax credit offered during a recession is most likely to be temporary so that it does not disrupt the supply of savings.
What is investment tax?
You must pay investment tax on profits from investment gains in the same way that you do on income from your business. Investment income is primarily subject to two types of taxes:
Income tax: consists of any interest from savings accounts and money from dividends from shares.Taxes due on gains made from selling an investment asset are referred to as capital gain tax (CGT).Learn more about Investment tax here:
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A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship and work
Taxing the rich at a high rate to earn income can kill entrepreneurship and the desire to work. flat. Redistribute. thrust.
You no longer approach your business from a place of strength and faith, but from a place of fear and hesitation. But... you can go back. Discouragement can turn into courage again.
Entrepreneurship creates new demands and new markets. Entrepreneurship prevents all forms of competition. Entrepreneurial activity has a domino effect on Filipinos, communities and the Philippine economy. All business people are entrepreneurs.
Time management. Time management may be the biggest problem for many (and possibly all) hat-wearing entrepreneurs. With more time, we could have accomplished a lot more
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.
A likely outcome of taxing the rich at a high percentage in order to redistribute income would be discouraged entrepreneurship and work
In an economy, some people earn a very high level of income whereas some earn a very low level of income. As such inequality in income exists. The richer section of the society is taxed at a higher percentage to redistribute the income in the economy. Redistribution of income means the transfer of income and wealth from the rich to the poor.
The rich people are taxed more so that more revenue is generated by the government from these people and more money can be spent for the overall economic development so that each and every individual benefits from that development. But by taxing the rich higher, they are discouraged to work and take up entrepreneurship because as their income will increase, more will be the tax percentage.
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Roderick, an NASM-CPT, has submitted his application to be a personal trainer through the website of a large health club company. What will provide the best opportunity to get noticed by the hiring manager
Roderick, a NASM-CPT, has submitted his application to be a personal trainer through the website of a large health club company, Going to the health club dressed formally in a suit and tie in order to hand a résumé over to the recruiting manager there and fill out an application in person. Went to the health club dressed formally in a suit and tie in order to hand a résumé over to the recruiting manager there and fill out an application in person. This is further explained below.
What is Formal dressing?Generally, A prominent fitness club chain's website has received Roderick's application to become a personal trainer. Roderick is a NASM-CPT and the application was filed online. Putting on a suit and tie and going to the health club in order to fill out an application in person and deliver a resume over to the recruitment manager who works there is an appropriate way to present yourself. Went to the health club wearing a suit and tie in order to make a formal handoff of a resume to the recruitment manager there and to fill out an application in person.
In conclusion, Clothes are made specifically for or worn most often during formal events, such as tuxedos and ball dresses. Solid full-sleeved shirts and blouses look great with formal skirts since they exude refinement and confidence. Skirts are an excellent choice for professional settings such as business meetings and conferences. Skirts that are knee-length or lower are best for a formal appearance.
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Which of the compensation systems listed are likely to be effective in building cohesive teams?
Which of the compensation systems listed are likely to be effective in building cohesive teams: skill-based pay and gain-sharing
A building is a structure that has a roof and walls, for example, a house or a factory.
A relatively permanent enclosed construction over a plot of land, having a roof and usually windows and often more than one level, is used for any of a wide variety of activities, such as living, entertaining, or manufacturing. anything built or constructed.
A structure with walls and a roof standing more or less permanently in one place is commonly known as a building.
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In the united states, the most widely recognized marker of entry into adulthood is?
The situation whereby an individual is holding a permanent & full-time job is the most widely recognized marker of entry into adulthood in the united states.
What is an adulthood?This refers to the stage of human development that occurs after the stage of adolescence and puberty.
Generally, the stages of adulthood is classified into the early adulthood, middle adulthood and late adulthood in which each stages have their own physical, cognitive and social challenges.
However, in the United state, the scenario that whereby an individual is holding a permanent & full-time job is the most widely recognized marker of entry into adulthood in the country.
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Frigidaire and whirlpool use ________ distribution for appliances to cement relationships with wholesalers who will then market frigidaire and whirlpool over other brands.
Frigidaire and whirlpool use selective distribution for appliances to cement relationships with wholesalers who will then market frigidaire and whirlpool over other brands.
This is further explained below.
What is selective distribution?Generally, Appliance manufacturers Frigidaire and Whirlpool utilize a strategy called selective distribution to strengthen their connections with distributors, so that the wholesalers would prioritize selling Frigidaire and Whirlpool products above those of competing brands.
In selective distribution, a manufacturer sells its wares to customers through a constrained number of retail locations in a specific region. One of the benefits of taking this strategy is that it enables the producer to select the outlets that are the most suitable or have the highest performance and then concentrate their efforts (such as training) on those outlets.
In conclusion, A marketing approach known as selective distribution centers on the practice of selling certain categories of goods via a hand-picked grouping of retailers, wholesalers, and/or resellers. This strategy is used by distributors as a means of striking a balance between intense and exclusive types of distribution.
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The critical ways that firms can obtain a sustainable competitive advantage are/is called the _____ for that industry.
The critical ways that firms can obtain a sustainable competitive advantage are/is called the barriers to entry for that industry.
What is competitive advantage?Competitive advantages refers to those economic variables, which place a company above its competitors whereas it is produces similar goods at a cheaper rate, compared to its rival.
It is the ability of a company to produce goods more efficiently than its competitors, which leads to greater profit margins.
Examples of competitive advantage are:
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Question 7 of 12 The type of settlement option which pays throughout the lifetimes of two or more beneficiaries is called
The type of settlement option which pays throughout the lifetimes of two or more beneficiaries is called joint and survivor. An insurance plan called a joint and survivor annuity is generally made for retired couples who desire a guaranteed monthly income that will last as long as either partner does.
Potential investor must carefully consider associated fees and settlement. Annuity fees typically cost 2.3 percent of annuity's value, although they can be more expensive, especially in sophisticated plans. The benefit of joint and survivor annuity is that it will pay out if one or both beneficiaries live longer than anticipated.
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Rashad meets with his company’s accountant to discuss the budget of anticipated and actual expenses for each segment of the organization. this involves review of which type of budget?
The expense budget can be said to be the type of budget that Rashad would have to discuss with the company’s accountant
What is the expense budget?This is what is also called the expenditure budget that an organization or a government have, This is the type of budget that shows the revenue and the capital that they have.
It tries to explain in details the various reasons why there may be a difference between the types of expenditure and the variations that may be seen in the estimates of the budget.
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Lead firms sometimes create contradictory demands on suppliers, for example, by insisting on low costs as well as compliance with expensive environmental standards.
a. true
b. false
Lead firms sometimes create contradictory demands on suppliers, for example, by insisting on low costs as well as compliance with expensive environmental standards this statement is false.
What are Lead firms?For this study, lead firms are small, medium, or large businesses that have direct or indirect business connections with a sizable number of MSMEs. Buyers, traders, input suppliers, veterinarians, exporters, and processors are a few examples of lead businesses.What are environmental standards?Governments often impose environmental regulations, which may include banning particular activities, demanding regular monitoring, obtaining permits for using land or water, and more. Depending on the type of environmental action, different standards apply.Learn more about Lead firms here:
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________ was initially intended to bring people together to raise funds for a cause.
Fundraiser was initially intended to bring people together to raise funds for a cause.
A fundraiser is an event with a goal of raising funds for an organization. A fundraiser is an event in which an organization cultivates donors as the main members who provide funding's to the particular organization. Thus, a person who raises the money from such donors is known as a fundraiser.
Fundraising provides with supplemental funds which enhances what the group does and provide new opportunities for the members. It can also benefit the community or an individual in the community that needs financial assistance.
Hence, fundraiser was initially intended to bring people together to raise funds for a cause.
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If customers can see data about themselves on the business' computer system, it will enable them to ____________
If customers can see data about themselves on the business' computer system, it will enable them to make better and more informed decisions.
How do information systems help businesses?Business Information System, eases the process of decision making and simplifies the process of delivering the required information and hence assists in taking better decisions instantly. Business Information System (BIS) can be effectively implemented to help communication better between the employers and the employees.
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Which would provide the least ambiguous description of a property, for purposes of a deed?
A legal description would provide the least ambiguous description of a property, for purposes of a deed.
A legal description is the geographical description of real estate that identifies its precise place, barriers, and any easements for the motive of a legal transaction, such as a transfer of possession. A criminal description is saved with the deed and filed with the county clerk or county tax assessor.
There are 3 types of legal descriptions of belongings typically used: metes and limits, government survey, and lot and block.
An avenue to cope with is not a legal description. road addresses regularly alternate, and that they had been never intended to offer a reliable description for purposes of deed education. An avenue to deal with isn't always sufficient to serve as a good enough criminal description of the actual estate.
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In the buying center, the ______ is the person who selects the supplier and negotiates the purchase while the ______ controls the flow of information to all other roles.
In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.
Who is a buyer?A buyer's call exists as an agreement between a buyer and seller in which the purchase of a commodity exists at a characteristic price above a futures contract that exists for the same grade and quantity. A business buyer exists as one who immerses in the purchase or acquisition of a part or the whole business organization. A business buyer can be a person, a group of individuals, or a corporation.
The gatekeeper determines what information should move past them (via the information “gate”) to the group or individuals beyond, and what statement should not. Gatekeepers exist at a high level, data decision makers who manage information flow to a whole social system. Gatekeepers exist as people or policies serving as a go-between, controlling access from one point to another. They may restrict, control or delay access to services. Alternatively, they may also be used to oversee how to work exists being done and whether it satisfies certain standards.
In the buying center, the Buyer exists the individual who selects the supplier and negotiates the purchase while the Gatekeeper manages the flow of information to all other roles.
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The internal environment influences how organizations establish strategies and objectives as well as identify, assess and respond to risk.
a. true
b. false
TRUE, The internal environment influences how organizations establish strategies and objectives as well as identify, assess and respond to risk.
The environment can be defined as the totality of all biotic and abiotic factors and their influences that affect human life. All living or biotic elements are animals, plants, forests, fisheries and birds, while abiotic or abiotic elements include water, land, sunlight, rocks and air.
1: The environment, objects, or conditions in which a person is surrounded.
2a: A complex of physical, chemical and biological factors (climate, soil, organisms, etc.) that act on an organism or ecosystem group and ultimately determine its morphology and survival.
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When a financial institution acts as a(n) ____ to an interest rate swap, it simply arranges a swap between two parties. a.counterparty b.ultraparty c.broker d.none of these are correct.
When a financial institution acts as a broker to an interest rate swap, it simply arranges a swap between two parties.
A broker is someone who buys and sells things on behalf of others. They are the middlemen between two parties. A broker is an individual or a firm who executes buy and sell orders for an investor for a commission or fee.
Usually financial institution acts as a broker to an interest rate swap. An interest rate swap is an agreement between two parties in order to exchange one stream of interest payments for another, over a set period of time.
Hence, financial institution simply arranges an interest rate swap between two parties.
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A completed voucher is sent to an authorized person who does all of the following except: multiple choice enters information on both the inside and outside of the voucher performs a final review approves the accounts and amounts authorizes recording of the voucher
Option A. A completed voucher is sent to an authorized person who does all of the following except: multiple choice enters information on both the inside and outside of the voucher.
What is a voucher?This is a piece of paper that is usually given to a particular holder. The work of the voucher is that it helps to make the person that is holding it eligible to having a discount on the price of items or for services.
The complete voucher helps to authorize the payment of an item to a person that is the supplier of that item. Hence we can conclude option A.
A completed voucher is sent to an authorized person who does all of the following except: enters information on both the inside and outside of the voucher.
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What is the process of gathering information about the competitive environment, including competitors’ plans, activities, and products, to improve a company’s ability to succeed?
The process of gathering information about the competitive environment, including competitors’ plans, activities, and products, to improve a company’s ability to succeed is called competitive intelligence.
In today's growing economy, competitive intelligence plays a very important role in making a business successful. With competitive intelligence, companies evaluate how their competition is selling and positioning their products and thus, they take advantage of the market gaps to enhance profit margins.
The competitive intelligence is the result of a company's efforts in order to gather and analyze information about its business environment, industry, competitors, and their products.
Hence, based on such information the company goals of directing their future strategy.
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The price of imported oil decreased in 2001. how did this affect the aggregate supply curve?
A decline in the price of a key input like oil will shift the Aggregate Supply Curve to the right, providing an incentive for more to be produced at every given price level for outputs. From 1985 to 1986, for example, the average price of crude oil fell by almost half, from $24 a barrel to $12 a barrel. Similarly, from in 2001, the price of a barrel of crude oil dropped from 25%.
In both cases, the decreasing price of oil led to a situation where the outward shift of Aggregate Supply Curve to the right allowed the economy to expand, unemployment to fall, and inflation to decline.
The lesson is that lower prices for inputs cause Aggregate Supply Curve to shift to the right, while higher prices cause it to shift back to the left.
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Media ________ is the process of choosing the exact kinds of media to be used for an advertising campaign
Media planning is the process of choosing the exact kinds of media to be used for an advertising campaign.
An advertising campaign is a series of commercial messages that percentage an unmarried concept and subject which make up an integrated advertising communique. An IMC is a platform wherein a group of humans can institution their thoughts, ideals, and ideas into one massive media base.
This form of advertising campaign entrepreneurs to create applicable campaigns for the proper people. As an instance, a sportswear manufacturer can boom its income by means of placing ads on blogs devoted to sports activities considering the fact that people interested in sports activities are very probable to be interested in sports activities garb.
Advertising campaigns are a set of commercials that focus on a single message. they're meant to satisfy a particular commercial enterprise goal in addition to leading to conversions.
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Which characteristic of an effective accounting information system refers to a system which works smoothly with the business’s employees and organizational structure?
Compatibility is an effective accounting information system refers to a system which works smoothly with the business’s employees and organizational structure.
Compatibility refers to a steady working system, which is aligned with the business employees, operations, and organizational structure. It is also the salability of any information and technology across the organizations.
Comparability is the level of standardization and effective accounting information which allows the financial statements of multiple organizations to be compared to each other. Thus, it uses hardware and software to effectively store and retrieve data.
Hence, a system not compatible with the organization is doomed to failure.
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Texas relies on ____________ taxes more than any other source of revenue to fund the government.
Texas relies on high sales and use taxes more than any other source of revenue to fund the government.
What are Taxes?A tax is a mandatory financial charge or some other type of levy imposed on a taxpayer by a governmental organization in order to fund government spending and various public expenditures.
Tax is one of the major ways a state or country generates funds to run a successful government.
It is one of the civic responsibility a citizen owes to his state or country
Taxes can be based on income ore the purchase of a commodity or service.
The State of Texas relies more on taxes derived from high sales and Use than any other form of tax.
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6. Ben has earned a good salary for many years and is ready to start investing. He is in his
mid-50s and is interested in the bond market. He would like to make strong returns on his
investments in a short amount of time. Describe in detail all the steps Ben should take when
investing his money in the bond market.
The steps that Ben should take when investing his money in the bond market are
assess his risk tolerancehave a plan for asset allocationassess the bond investment performanceseek advice from brokers.invest in the best marketWhat should Ben do to invest the bond?Because Ben is willing to make strong return in short time, he can choode to invest in corporate bonds.
These Corporate bonds are issued by companies and the Issuing of bonds is another way for companies to access cash without diluting ownership through additional shares.
Therefore, the option of corporate bonds will be the best investment to make a strong return in short time.
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If a firm doubles its resources and generates an output level which is more than double, it is said to be experiencing?
If a firm doubles its resources and generates an output level which is more than double, it is said to be experiencing economies of scale. Economies of scale are benefits that can emerge from a business's size being increased.
For instance, a company might benefit from economies of scale while making large purchases. It could bargain for a lower price per unit than its rivals by purchasing a big number of items at once. Because they can give businesses a competitive edge in their industry, economies of scale are crucial. Therefore, firm will always aim to achieve economies of scale.
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When is a firm a monopoly, or are monopolies only theoretical concepts that do not exist?
A firm is a monopoly when there is one producer or a manufacturer who produces products or services which has no substitute or competition in the market and customer buy that specific products or services from that manufacturer only. Sometimes monopoly companies has competitors and substitutes but they don't effect the company's profit at all.
Microsoft, Fac-ebook and Go-ogle are real life examples of monopoly. They enjoy monopoly in their respective goods or services which has little competition that does not effect their profits and market stability. Like these three there are many monopolies in the market which shows monopolies are not theoretical concept and they even exist.
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A leader who fosters collaboration, does not act alone, and focuses on strengthening others is using the leadership practice of __________________.
A leader who fosters collaboration, does not act alone, and focuses on strengthening others is using the leadership practice of. Encourage collaboration. Empowering Others.
Collaborative leadership is a management practice in which members of a leadership team collaborate across disciplines to make decisions and maintain an organization's success.
A transformational leader is someone who: Promote employee motivation and positive growth. Set moral standards within the organization and encourage others to do so. Promote an ethical work environment with clear values, priorities and standards.
In collaborative leadership, the leader seeks input from the team before selecting a process for a particular project. For example, video calls, brainstorming with whiteboards, and collaborating on shared documents. Collaborative leadership promotes a supportive and harmonious work environment.
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Validated changes and validated deliverables are the outputs of the _____ sub-process of project quality management.
i. closing
ii. executing
iii. initiating
iv. monitoring and controlling
Validated changes and validated deliverables are the outputs of the monitoring and controlling sub-process of project quality management.
Project quality management is the process in which the quality of all activities is measured continuously and taking the corrective action until the desired quality is achieved.
Quality management processes help the organization to control the cost of a project, after controlling the cost of project standards are established and the steps in achieving and confirming those standards are determined.
Effective quality management of a project must lowers the risk of product failure or unsatisfied and unhappy clients.
Project quality management occurs with these three processes:
Quality planning
Quality assurance
Quality control
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The goods or services purchased by a business for immediate use in the production process are known as?
Intermediate inputs are the goods or services purchased by a business for immediate use in the production process. The items and services that are utilized in the manufacturing process to create other goods or services rather than being used for end use are known as an industry's intermediate inputs.
These include energy, raw materials, semi-finished products, and services that are obtained from all sources. It is equivalent to the sector's gross output minus value added . They might be changed or consumed during the production process. Land, labor, and capital are not considered intermediate inputs because they are fundamental inputs.
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Assume that the government places a $4 tax on each slice of cheesecake and that the new equilibrium price is $9. how much tax revenue will be generated from sales to regina and ren?
$8 tax revenue will be generated from sales to regina and ren
What is tax?A tax is a mandatory financial charge or other sort of levy imposed on a taxpayer by a governmental organization to fund government spending and related public expenses, and taxation is a type of levy.
A tax deduction is a provision that lowers the amount of taxable income. A standard deduction is a single, fixed-amount deduction. Itemized deductions are popular with higher-income taxpayers because they frequently have considerable deductible expenses such as state/local taxes paid, mortgage interest, and charitable contributions. The effective tax rate is the percentage of an individual's or corporation's income that is paid in taxes. Individuals' effective tax rate is the average rate at which their earned and unearned income, such as stock dividends, are taxed.
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