A software developer has a new idea for a mobile application that will enable blind individuals to identify the denomination of paper currency. Which of the following may prevent the developer from charging a premium price?
a) Threat of potential entrants
b) Loss of purchasing power of suppliers
c) Lack of economies of scale
d) Absence of opportunity of complements

Product/process innovation explains the relationship between the characteristics of products and processes .Application of all process-related concepts to manufacturing and services.

Designing, enhancing, and controlling operational processes are the main goals of the management strategy known as "process thinking." In order to improve outcomes in terms of effectiveness, quality, and customer satisfaction, it entails examining and optimising a process's different inputs, actions, outputs, and feedback. Process thinking is a comprehensive strategy that acknowledges the interdependence of all components of an operation and the fact that changing one component of a process frequently necessitates altering other components. Process management must be organised and systematic, with a focus on ongoing improvement. Since process thinking calls for the involvement of all stakeholders and a commitment to improving processes, it frequently necessitates a cultural transformation inside an organisation.

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According to the supplied statement, the likelihood that the client has either a credit or a checking account is 0.9, and the likelihood that the buyer has neither a either a credit or a checking account is 0.1.

A user is a live customer. And a devoted one. Consumers and clients vary primarily in that customers frequently want quick value in exchange for the money they spend. Clients, in comparison hand, have a tendency to remain around for a comparatively much longer time.

(1). P (C∪S) = P(C) + P(S) - P(C∩S) = 0.8 + 0.6 - 0.5 = 0.9

(2). P(C'∩S') = 1-P(C∪S) = 1 - (P(C) + P(S) - P(C∩S)) = 1 - (0.8+ 0. - 0.5) = 1 - 0.9 = 0.1

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B. The population is all elderly people.

A recent study found that depression significantly increases the likelihood of developing brain damage in the future. According to research, 22% of elderly depressed patients ended up developing dementia, which is a common complication of many illnesses.

Although cognitive impairment is a typical sign of dementia, there are many different reasons why it could occur. There is currently no "therapy" for dementia. Since dementia can be caused by a range of conditions, there most likely will not be one remedy for the condition.

The aim of the study is to uncover remedies for the conditions that lead to dementia. When social skills considerably impair day-to-day functioning, dementia is said to be present. There is currently no "therapy" for dementia. Due to the forms of dementia, there likely won't be a major cure.

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The average revenue per unit is $100 and the total number of units sold is 30.

Total revenue is divided by the quantity of units sold to arrive at average revenue, or AR. The average revenue per unit must be $100 given that the company generated $3,000 in total revenue and $30 in marginal revenue for the final unit manufactured and sold.

In a market where there is competition, marginal revenue is fixed at the market price regardless of the volume of goods sold. As a result, the average revenue per unit is equal to the marginal revenue of the most recent unit produced and sold. Since the prior unit's marginal income was $30, the average revenue per unit must also be $30.

The total number of units sold can be calculated by dividing total revenue by average revenue per unit.

In this case, the total number of units sold is equal to 3000/30 = 30 units. Therefore, the average revenue per unit is $100 and the total number of units sold is 30.

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The stockholders’ equity section of the balance sheet equals to $105,500.  

It means the assets remaining in a business once all liabilities have been settled. This figure is calculated by subtracting total liabilities from total assets and can be calculated by taking the sum of share capital and retained earnings, less treasury stock.

Now, we are preparing the stockholder´s equity section of the balance sheet. We know, common stock is issued at par value and Paid-in capital is equal to the amount of common stock and capital in excess of par.

Data

Common stock = $36,400

Stockholder´s equity calculation

Paid in capital in excess of par common stock   $67,500

($36,400 + $31,100)

Retained earning=                                                  $50,000

Deducting treasury stock                                      ($12,000)

Total stockholder´s equity                                    $105,500

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Among the given, "Becoming directly involved in the managerial decision" is not among the major responsibility of the board of directors.

Hence, option (c) is the correct choice.

The criteria of a board of directors vary greatly by country and state; nevertheless, there is a growing consensus on the primary functions.

The Board of Directors' Role

1) Recruit, oversee, retain, assess, and reward the manager.

2) Provide organizational direction.

3) Implement a policy-based governance framework.

4) Manage the organization and its relationship with the CEO.

The major responsibility of a public company's board of directors, which is elected by shareholders, is to protect the interests of the shareholders. In reality, directors are compelled by law to prioritize the interests of shareholders before their own. The board serves as a supervisor, supervising company operations and evaluating performance.

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Option c) Transfer existing life insurance policies to an irrevocable life insurance trust with his children as beneficiaries, which allows the trustee to purchase some of the hard-to-sell property from the estate and/or to loan funds to the estate. This is correct one.

When a security or asset may be quickly converted into cash without depressing its market value, this is referred to as having liquidity. While tangible assets are less liquid than cash, cash is the most liquid asset class. Liquidity in the market and liquidity in accounting are the two basic categories.

The amount of cash on hand and the capability of quickly converting assets into cash are referred to as liquidity for an individual or business. If liquidity is high, it is easier for people and businesses alike to meet their financial obligations.

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In a flexible wage market, when labor demand shifts to the right, the equilibrium quantity of labor and the equilibrium wage level decrease.

In a flexible wage market, the new equilibrium will be characterized by a decrease in both the equilibrium quantity of labor and the equilibrium wage level.

To understand this concept, let's consider a simple example. Suppose the original labor market is in equilibrium at a wage rate of $10 per hour and 100 workers being employed.

Now, if the demand for labor shifts to the right, meaning that there is an increase in the number of employers wanting to hire workers, the wage rate will decrease to $9 per hour, and the number of workers employed will decrease to 95.

This is because the lower wage rate attracts a larger number of workers to the labor market, creating a surplus of labor and driving down the wage rate.

Mathematically, this can be represented as follows:

Suppose Qd is the demand for labor, Qs is the supply of labor, and W is the wage rate.

The original labor market can be represented as:

Qd = 100 - W

Qs = W

With the increase in demand, the new market can be represented as:

Qd = 110 - W

Qs = W

The equilibrium condition is given by:

Qd = Qs

Substituting the expressions for Qd and Qs, we get:

110 - W = W

Solving for W, we get:

W = 10

This means that the new equilibrium wage rate is $10, and the new equilibrium quantity of labor is 95.

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Based on the question above "Baney has a comparative advantage in making both products." Fred made fewer Pogo Sticks and Unicycle than Barney made.

The table shows the output per month of Fred and Baney. They can either devote their time to making unicycles or making pogo sticks. And this is the result from Fred and Baney:

                                    Fred               Baney          

Pogo Sticks     ║           24          ║      28       ║

Unicycles         ║             8          ║       14       ║

Based on the table above the correct statement is "Baney has a comparative advantage in making both product unicycles and pogo."

It is shown on the table that the quantity of pogo sticks that Baney made is more than Fred made. And the Unicycle quantity Fed made is fewer than Baney made.

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Option b and c: The high-low method should only be used if a scatter graph plot indicates a linear relationship between cost and activity. And It only uses two data points.

This method should only be used if a scatter graph plot indicates a linear relationship between cost and activity. And it uses only two data points.

In cost accounting, the high-low method is a method of dividing mixed costs into fixed and variable costs.

The high-low method is easy to apply but is rarely used because it depends on his two extreme values ​​for a particular dataset, which can skew the cost.

Variable cost per unit = (highest of activity cost-lowest activity cost)/ (highest activity units- lowest activity units).

Once the variable cost per unit is resolved:

Fixed cost = maximum activity cost – (variable unit price x maximum activity unit)

The resulting cost model after applying the high-low method is:

Cost Model of the solution= Fixed Cost + Variable Cost x Unit Activity.

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We talked about the opening vignette in the chapter and in our discussion of that individual we mentioned the proposed: soccer stadium in Indy.

Stadium Stadium is a building area for organizing football and or athletic sports activities as well as facilities for spectators. On a city and regional scale, stadiums are the main sports infrastructure, because their existence can function as a center for sports activities, meaning that several sports activities can be carried out in one area.

Performances that are held at the stadium are usually for all kinds of modern sports which usually have complete equipment in the stadium.

While the definition of a stadium is based on the translation of the Handbook of Sport and Recreation, stadium can be defined as a running field in cities, where matches are held, and ultimately a place used for other athletics performances.

Your question is incomplete but most probably your full question was:

we talked about the opening vignette in the chapter and in our discussion of that individual we mentioned the proposed:

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If a company decides to shift from manual assembly to robotics-assisted assembly, then ALL existing workstations in both its camera assembly facility. Thus, option E is correct.

A company is a legal body created by a group of people to conduct and manage a multinational corporation, whether it be commercial or economic.

If a company decides to transition from mechanical arrangement to automation legislature, ALL existing desktops within both its camera manufacturing point and its drone production facility must be improved concurrently to have included the use of a robot.

It is not possible to employ robot-assisted set-up in one facility while proceeding to utilize all-manual developed in the following in the other. Convening reselling or website holding is illegal. Therefore, option E is the correct option.

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The question is incomplete, the complete question is:

Which of the following statements about your company's assembly operations for cameras and drones is TRUE? The maximum number of cameras/drones that can be assembled at overtime is 15% of annual PAT productivity (the number of units a camera/drone PAT assembles each year)-- however, if robotics upgrades are undertaken, the maximum rises to 25% of annual PÁT productivity All of the company's capital expenditures for fixed assets (facilities, workstations, robotics upgrades, office equipment, and furnishings) at the Taiwan plant site are depreciated over 10 years at the rate of 10% annually. Shifting to robot-assisted assembly enables the size of PATs to be cut from 4 persons to 2 persons The maximum number of cameras/drones that can be assembled at overtime is 20% of annual PAT productivity (the number of units a camera/drone PAT assembles each year). If a company decides to shift from manual assembly to robotics-assisted assembly, then ALL existing workstations in both its camera assembly facility and its drone assembly facility must be upgraded simultaneously to include the use of a robot, it is not feasible to implement robot-assisted assembly in one facility while continuing to use all-manual assembly methods in the other facility. Conving redistributing or website hosting is cynrecchy prohibited and constitutes convright violation

Only 5 pillows are being produced as given which means some resources are left underutilized and the production process is inefficient. So, option B is correct.

Now, as asked in the question a combination of 5 pillows and 21 blankets would appear inside the PPC. This is because the optimum combination is 9 pillows and 21 blankets as given in the table where the resources available are fully and efficiently utilized.

But here in the question only 5 pillows are being produced as given which means some resources are left underutilized and the production process is inefficient and thus this combination would lie inside the PPC and not along the PPC or outside it. So, option B is correct.

Other options are incorrect because: -

Option a: - The combinations lie on the PPC curve which is concave in shape not on the vertical intercept.

Option c: - The combination of 5 pillows and 21 blankets cannot be along the PPC as it only shows the combination of goods where resources are fully utilized. Point along would show combination of 9 pillows and 21 blankets as given in the table.

Option d: - The points outside PPC are unattainable. These combinations outside PPC cannot be achieved with the available resources.

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Effective change management accommodates customer or technical changes, as long as a change gets implemented, however, there is no need for the project team & sponsor/customer to agree on changes to the project scope before starting any work. (False)

An organization's success in running its day-to-day operations depends heavily on the effective management of change, which creates a structured, repeatable, and measurable change environment that can be used throughout the organisation. Increased awareness and comprehension of suggested changes throughout the organisation is its main objective.

Additionally, it wants to make sure that all changes are implemented with care so as to have the fewest possible adverse effects on the organization's services and clients. The process for implementing Change Management should be outlined in a document within the organisation.

A constant state of change is present in the computing systems, networks, peripherals, and related facilities due to new technological advancements, changing business needs, shifting contractual obligations, and expanding regulatory frameworks. The continuous success and expansion of the organisation depend on effective change management, which applies to both systems and supporting infrastructure.

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Answer:

answer is "a" that is rightward shift of demand curve

The following is typically regarded as real estate: A perennial shrub planted in the backyard.

Which of the following is generally considered real property?

Real property is generally considered to include land and any permanent improvements attached to it. It includes any natural resources on the land, such as minerals, water, and timber, as well as man-made improvements, such as buildings, fences, and wells. It also includes the air rights above the land, as well as any underground rights. Real property can also include any contractual rights to the land, such as a tenant's right to occupy the land or a lender's right to foreclose on the land. It can also include intellectual property, such as patents and copyrights, that are attached to the land.

Real property is usually distinguished from personal property, which includes items such as furniture, jewelry, automobiles, and other movable items that can be bought and sold.

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"To test the software" is not a reason why business analysts create class and activity diagrams as part of the inception phase.

Hence, option (a) is correct choice.

Flowcharts and activity diagrams are similar in that they illustrate the flow of actions in an activity; however, activity diagrams can also show parallel or concurrent flows and alternate flows. Activity nodes and activity edges are used in activity diagrams to represent the movement of control and data between actions.

It captures the system's dynamic behavior. The other four diagrams illustrate message flow from one item to another, whereas the activity diagram shows message flow from one action to another. An activity is a specific system operation.

The main problem of activity diagrams is that they do not specify which objects do certain activities or how communications occurs between them.

The missing option is:

(a) To test software

(b) To run software

(c) To create software

(d) To analysis the report of software

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The Michigan court would have diversity jurisdiction in personam jurisdiction in the dispute between Jeremy (a Michigan resident) and Colby (a Kentucky resident).

This is because there is a dispute over money larger than $75,000 and the parties are from several states. Under the diversity jurisdiction, the Michigan court would have the power to hear the case and issue a judgement.

The Michigan court would also have in rem jurisdiction over the barn, which is worth $5,000 and located in Indiana. This is because the court is able to exercise jurisdiction over a property in its state, regardless of the owner's state of residence.

The court can then issue a judgement to determine who the rightful owner of the barn is. In this case, the Michigan court would have both diversity jurisdiction in personam and in rem jurisdiction over the barn.

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Based on the provided information, the statement that best explains this situation is Ben found his work to be routine and monotonous. (Option D)

According to the given scenario, Ben has been working at an accounting firm for the past two years and is considered a hard worker with high quality work. Due to his productivity, he is offered a twenty percent raise. However, despite Ben being a highly competent employee and is valued by the company, he likely quit in spite of the salary hike because he found his work to be routine and monotonous. It indicates a lack of job satisfaction and job involvement.

If Ben thought the raise was unwarranted, it would not lead him to resign from the firm. Likewise, if Ben was motivated by the extrinsic rewards, it would not explain his leaving the firm as he was given a salary hike. It cannot be argued that Ben lacked ambition as he found employment with another firm at a senior position. Hence, the likely reason for his resignation is that he was not satisfied with the work which he found routine and monotonous.

Note: The question is incomplete as it is missing options which are A) Ben felt the hike was unwarranted. B) Ben, though highly skilled, lacked ambition. C) Ben was motivated by the prospect of extrinsic rewards. D) Ben found his work to be routine and monotonous.

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Answer:

Marketing should be treated as an investment because it is a crucial aspect of growing a business and reaching potential customers. Effective marketing strategies can lead to increased brand awareness, customer acquisition, and ultimately, revenue growth. By treating marketing as an investment, companies can allocate resources and budget towards developing and implementing strategies that will drive long-term success.

Whether marketing should be treated as an investment or not should be a decision that is determined on an individual basis, as different organizations have different business models and goals. Some companies may prioritize investment in marketing over other areas, while others may choose to focus on other areas of their business first. However, it is important for companies to recognize the importance of marketing and to regularly evaluate their investment in it, so that they can make informed decisions about their business strategy. Ultimately, the key is to ensure that the marketing strategy is aligned with overall business goals and that the investment in marketing is generating a positive return on investment.

The following information relates to Baxter corporation for 2017: manufacturing expenses came to $56,000.

B. $56,000

List of Manufacturing Costs for the Year Ended December 31, 2017 (in thousands):

Direct resources:

Costs associated with manufacturing: 19,000

$5,000 for indirect manufacturing labour

Plant, building, and equipment depreciation totals 40,000.

19,000 for plant insurance

Repairs and upkeep for the plant total 75,000.

Costs of leasing equipment = 56,000

82,000 is the total cost of manufacturing overhead.

Manufacturing expenses for 2017 were calculated as follows: direct materials used, direct labor, and manufacturing overhead, which came to 40,000 + 16,000 + $56,000.

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Lower capital costs, easier access to funds, and lower risk are typically factors that pique customer interest in project financing.

Customer's interest in project financing Project financing is a type of arrangement for financing large-scale projects like building a power plant, a bridge, or a factory. Most of the time, customers are interested in project financing because they want to get financing for the project without having to put up any money.

The financiers' expertise, which can assist the customer in making the best project decision, is also important to the customer.

In addition, customers want to be sure that their project is handled in a timely and cost-effective manner. Lastly, customers want to make sure that the project financing terms are good for them so they can get the most out of their money.

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Websites frequented by individuals with common interests where they can posts facts, opinions and personal experiences are known as Blogs that is option A is correct.

Within the social media platforms many users share their experiences and their day to day routine in the form of Blogs. They intend to find people with common interest as themselves so that they can be friends with them. Blogs are written and posted on daily basis by the regular bloggers and many people read these blogs and gather the experiences. Blogs can be written on any topic like for example when any person travels to a hill station, they may write all their experiences and opinions about the place in blog format and then upload them on social media platforms so that it may reach many people.

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Complete Question:

Websites frequented by individuals with common interests where they can posts facts, opinions and personal experiences are known as _______________________.

a) blogs

b) paywalls

c) infomercials

d) creative boutiques

Even though there are many state-owned businesses in China, many Western businesses feel that should still invest in the country because the nation is moving toward a market-based system.

In economic and business, A market-based corporate governance system generally can be defined as a market economic system that relies on investors to exert influence on the management of the company. It defines the responsibilities of the different participants in the company, including shareholders, the board of directors, management, employees, suppliers, and customers. The example of county that applied market based corporate government system are England and the United States.

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A corporation has a continual life which means that it is not dependent upon any one shareholder for maintaining its legal existence.

A corporation is a legal body that exists independently of its owners. Corporations have many of the same legal rights and obligations as individuals. They have the ability to enter into contracts, lend and borrow money, sue and be sued, hire personnel, own assets, and pay taxes.

Corporations include almost all significant enterprises, such as Microsoft Corp., Coca-Cola Co., and Toyota Motor Corp. Some organizations operate under their own identities as well as independent business names, such as Alphabet Inc., which is best known as Go-ogle.

The specific legal definition of a corporation varies by state, but the company's most significant feature is always restricted liability. This means that shareholders can partake in the earnings via dividends and stock appreciation.

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Correct question:

A corporation has a continual life which means that it is not dependent upon any one shareholder for maintaining its__________.

There are many distinct kinds of organisations, not all of them are intended to be commercial enterprises.

There are also some organisations that were created to serve their members' interests (including those in the arts, recreation, religion, and sports), rather than to engage in commerce or make a profit.

Nevertheless, money is a necessity for the operation of every organisation. Accounts are therefore kept regardless of whether a company is a trade concern or a non-trading concern; only the requirements and methods vary is comparable to an income statement because it summarises all of the income and expenses for the real accounting period, regardless of when the money is received or paid (accruals basis - includes prepaid and due) .

Income statement  for the year ending

Expenses

Secretary’s honorarium 310

Printing and Stationary 1350 (1210-125+265)

Rent and Rates 960 (640+320)  Total = 2620

Income

Life membership fees received 2,600

Entrance fees received 18,300

Subscription 9020 (13500-2600-4210+2330)

Lockers Rent 1800 (2650-250-1200+600)  total = 31720

Net Income  = 31720-2620 = 29100

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The following are methods used by various levels of government to maintain segregation and other forms of discrimination:

(a) Prohibiting Black families from purchasing homes in new subdivisions

(b) Preventing access to Veteran's benefits and other governmental benefits

(c) Making or insuring loans to only those Black homeowners buying in Black neighborhoods

Hence, option (d) is correct.

Segregation is the separation of individuals, traditionally based on race and/or gender. Segregation refers to the physical separation of individuals in their daily activities, professional lives, and civil rights.

Distinct schools, hotels, bars, hospitals, bathrooms, parks, even telephone booths, and separate sections of libraries, movies, and restaurants, the latter typically with separate ticket windows and counters, were examples of facility segregation.

Discrimination is defined as the unfair or discriminatory treatment of individuals or groups based on traits such as race, gender, age, or sexual orientation.

The Equality Act defines four categories of discrimination: Discrimination in the open. Discrimination by inference. Harassment. Victimisation.

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The complete questions may be:

which of the following are methods used by various levels of government to maintain segregation and other forms of discrimination?

(a) Prohibiting Black families from purchasing homes in new subdivisions

(b) Preventing access to Veteran's benefits and other governmental benefits

(c) Making or insuring loans to only those Black homeowners buying in Black neighborhoods

(d) All of the above

Option a is Correct. The company exhibits a dedication to honesty and important ideals. These do not represent the core ideas of the control environment component's control environment principle.

Controls for monitoring. the rule does not apply to a controlled environment, Dedication to morality, and honesty. The term C.R.I.M.E. is frequently used to refer to the five COSO components, which are control environment, risk assessment, information and communication, monitoring activities, and existing control actions.

The standards, procedures, and organizational framework known as the "Control Environment" serve as the foundation for implementing internal control throughout the entire organization. The board of directors and senior management set the tone for internal control, including required standards, at the top of the organization.

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The correct option is C. Jasper is a manager at an electronic equipment manufacturing firm. He supervises assembly-line workers and manages inventory. He also assigns employees to various tasks and assignments. In the given scenario, Jasper can be traditionally considered to be a(n) line manager.

An organization that purchases and sells items and/or services to customers with the intention of turning earnings is referred to as a "company." The word is often used interchangeably with "employer" or "enterprise" within the context of trade, as in the sentence "She operates a foreign exchange trading commercial enterprise." A firm is a legal corporation within the business global that sells goods or services, including an employer, restricted liability organization, public restrained corporation, sole proprietorship, or partnership.

Corporations are extra usually used to refer to partnerships within the felony, accounting, and management consulting fields than agencies. The word "business residence" was first regarded within the English language in 1744, in line with the online Etymology Dictionary.

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Institutional investors have become increasingly important in today's business world due to their size and influence. As large investors, they have a fiduciary responsibility to the workers and investors that they represent to ensure that the companies they own are managed in an ethical way.

Additionally, they can hold companies to higher standards when it comes to corporate governance and transparency, creating better conditions for workers and investors. All of the options mentioned are correct and demonstrate why institutional investors are important in today's business world.

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