Ensure that your employees are not overwhelmed but challenged by their jobs. Create a working environment that is tidy, well-organized, and comfortable for them to work in. Tasks should be delegated appropriately, and opportunities to use each employee's strengths should be sought.
What can an employee anticipate from their manager?Employees expect their managers to be open and honest about the business's operations. Good managers communicate directly with their employees about the challenges and expectations of the company in order to foster a positive work environment.
How is the Operations Manager's life?Tasks administrators wear many caps, and engage with different parts of the business. They can work with finances, resources, risk management, and finding ways to cut costs while still increasing efficiency as part of their job. Their work requires a significant amount of communication.
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john got a part time weekend job at a local restaurant to save for a new car. he plans on depositing $200 per month for the next 4 years in a savings account with a rate of 7% per year compounded monthly. how much will he have saved toward his down payment at the end of the 4 year period? a) $11,031.85 b) $11,021.85 c) $11,041.85 d) $11,071.85 e) $11,051.85 f) none of the above.
The combination of the present value and the investment return on the present value is the future value. However, as inflation rises, the present value of one dollar will decrease in the future.
This idea is the fundamental one used when dealing with money.
How do I find the value in the future?Using this formula, you can use compound interest to determine the value of the future: The present value times the interest rate times n is the future value. Utilize this formula to determine the value of the future using simple interest: Future value is equal to the present value multiplied by plus the interest rate multiplied by the time.
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using the following information, what is the amount of net income? purchases $30,320 selling expenses $917 merchandise inventory, september 1 6,155 merchandise inventory, september 30 11,073 administrative expenses 696 sales 45,506 rent revenue 695 interest expense 1,124 a.$20,310 b.$18,062 c.$29,135 d.$11,907
The amount of net income IS $ 28980.
What is net income?
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period.
Calculation of net income
We will categorize the transaction into income and expenses, and then compute the difference between their totals to determine the net income;
Income;
Inventory of goods as of September 1 was $6155.
Inventory of goods as of September 30: $11,073
Sales = $ 45,506
Total = $ 62, 734
Expenses;
$ 30,320 is the total amount spent on purchases.
Selling costs come to 917 dollars.
Administrative costs are equal to $696
Rent Revenue = $695
Interest expenses come to $1,124.
Total = $ 33752
Total revenue minus all costs equals net income.
= 62734 - 33752
= $ 28980
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rather than trying to compete with other companies, it is the goal of tonya's company to give customers more value for the products they buy and provide these products at a lower price. tonya's company employs the environmental marketing strategy known as .
Tonya's company employs the environmental marketing strategy known as the Societal marketing concept.
What is the Societal marketing concept?Marketing social responsibility is the marketing concept that companies should make their marketing decisions by considering not only the desires of consumers and the needs of the company but also the long-term interests of society.The social marketing concept holds that marketers have a greater social responsibility than simply satisfying customers and providing value. Instead, marketing activities should seek to benefit the general welfare of society.Social marketing emphasizes social responsibility and helps companies develop marketing strategies to deliver value to their customers and maintain the well-being of their customers and society better than their competitors in order to maintain long-term success and suggests that it should be improved.The concept of social marketing evolved from the conflict between the short-term needs of individual consumers and the long-term well-being of society.an example of societal concept would be tobacco companies giving warning of cancer after consuming it.To know more about societal marketing concepts refer to:
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david's mother is killed in an automoblie accident. what type of insurance would provide his family financial support to cover the paid and unpaid work his mother performed? responses
Answer: Life
Explanation:
First, let's review what Life insurance IS: insurance that pays out a sum of money either on the death of the insured person or after a set period.
Since David's mother is killed in an automobile accident and they want to know what type of insurance would provide his family financial support, it would be life because it would pay them out a sim of money on the death of the person (In this scenario David's mother) or after a set period
your client, ray, wants to purchase a home listed for $200,000. the home is in a revitalization area, and ray can purchase it under the good neighbor program. how much will he have to pay for the home?
As per the rule those who qualify may purchase the home at a 50% discount, and with only $100 down, so $200,000, less 50%, plus $100 will be paid for the home.
Who are eligible for Good Neighbour Program?The "Good Neighbor Program" is a program given for the teachers, firefighters and law enforcement officers. This program gives them the opportunity to purchase homes at a lower rate in revitalization areas.
1. For the purposes of the GNND Sales Program, a person qualifies as a law enforcement officer if they satisfy the following criteria:
a. full-time employment with a state, a general municipal government, an Indian tribal authority, a federal law enforcement agency;
b. The individual is sworn to uphold and make arrests for violations of all applicable federal, state, tribal, county, township, and municipal laws while performing such full-time job.
c. The normal course of business for the full-time employment described in this section's paragraph (a) shall directly benefit the community where the residence is located.
2. Teachers
For the purposes of the GNND Sales Program, a person is considered a teacher if they meet the following criteria:
a. a full-time teaching position at a public or private school with state accreditation that offers direct services to students in grades kindergarten through 12;
b. The full-time job described in subsection (a) of this section must routinely assist pupils from the neighbourhood where the home is situated.
3. Emergency medical technicians or firefighters
For the purposes of the GNND Sales Program, a person is considered to be a firefighter/EMT if they are:
a. employed full-time by a fire department or emergency medical services responder unit of the federal government, a state, a general local government unit, or an Indian tribal government as a firefighter or emergency medical technician;
b. The locality where the residence is located must be directly served by the full-time employment described in this section's paragraph (a) in the normal course of business.
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a monopolistically competitive firm will group of answer choices produce an output level that is productively and allocatively efficient. always produce at the minimum efficient scale of production. have some control over its price because its product is differentiated. charge the same price as its competitors do.
A monopolistically competitive firm will have some control over its price because its product is differentiated.
Option C is correct.
What Is Monopolistic Competition?Monopolistic competition exists when numerous companies offer contending products or services that are analogous, but not perfect, backups. The walls to entry in a monopolistic competitive assiduity are low, and the opinions of any one establishment don't directly affect its challengers.
What are characteristics of a monopolistically competitive request?Monopolistically competitive requests have the following characteristics There are numerous directors and numerous consumers in the request, and no business has total control over the request price. Consumers perceive that there are non-price differences among the challengers' products.
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which of the following about inflation is true? group of answer choices high rates of inflation are usually associated with wide year-to-year changes in inflation. high rates of inflation are usually associated only with very large countries such as the united states. high rates of inflation are usually associated only with smaller countries such as costa rica. high rates of inflation will generally improve the economic efficiency of an economy.
The statement that is true and reflects true facts about inflation is that high rates of inflation are usually associated with wide year-to-year changes in inflation.
In simple terms, downward pressure on the inflation rate is directly proportional to the growth in the rate of economic means more goods can be bought with the money. High and volatile inflation rates would create uncertainties about the formation of economic agents' future spending and income decisions. Inflation also causes companies to go into loss and thus unemployment increases during this time and thus economic growth spirals downwards.
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You are trying to decide whether to trade in your laser printer for a more recent model. Your usage pattern will remain unchanged, but the old and new printers use different toner cartridges. Are the following items relevant or irrelevant to your decision?.
The following items were relevant and irrelevant to our decision to buy a laser printer of new model:
a) the trade-in value of the old printer is: RELEVANT
b) paper costs are: IRRELEVANT
c) the difference between the cost of toner cartridges is: RELEVANT
d) the price of the new printer is: RELEVANT
e) the price you paid for the old printer is: IRRELEVANT
A trade-in value is the money that a dealer will leave you when you buy a new product replacing it with another one. In the case above, the trade-in value will have a significant impact on our decision whether to buy the new laser or not.
As paper costs will be the same for the old and the new laser printer, hence they are irrelevant.
The cost of toner cartridges will be different for the old and the new printer. Hence, it is relevant.
The price of the new printer will be a relevant factor in making the decision of buying a new one whereas the price of the old one will be irrelevant.
Although a part of your question is not missing, you might be referring to this question:
You are trying to decide whether to trade in your laser printer for a more recent model. Your usage pattern will remain unchanged, but the old and new printers use different toner cartridges. Are the following items relevant or irrelevant to your decision?
a) the trade-in value of the old printer is
b) paper costs are
c) the difference between the cost of toner cartridges is
d) the price of the new printer is
e) the price you paid for the old printer is
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what is an external communication that is paid for by the seller and promotes a product to potential customers?
The external communication that is paid for by the seller and promotes a product to potential customers is known as advertisement.
What is Advertising ?Advertising refers to the methods used to draw attention to a good or service. In order to attract consumers' attention, advertising seeks to highlight a good or service. It is often used to market a particular product or service, although there are many other applications as well, with commercial advertising being the most popular. Through "branding," which links a product name or image with particular traits in customers' minds, commercial advertising frequently aim to boost consumption of their goods or services. Direct-response advertising, on the other hand, is the term used to describe advertisements that aim to prompt a quick sale.
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which method is the most efficient way to communicate with clients and partners in places like mexico, malaysia, and china?
The most efficient way to communicate with clients is conversations over long dinners. With a conversations over long dinners, the clients and partners can discuss their importance.
Conversation generally can be described as an exchange of word. In the other side, communication generally can be described as the transformation of thoughts and words into meaningful action. The main difference between communication and conversation is that communication focuses more on what you wish to accomplish. Conversation will give you a social support through the relationship, which is friends, colleagues, or also the member of an organization.
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the tendency of existing firms to be slow to respond to changes in the industry environment due to their large size, established routines, or prior strategic commitments to existing suppliers and customers is known as
Incumbent inertia is the tendency of existing firms to be slow to respond to changes in the industry environment due to their large size and established routines with existing suppliers and customers.
Incumbent inertia, defined as the failure to implement internal change in the face of significant external change, causes incumbents to fail in markets where they once held a competitive advantage. It is possible for an incumbent to become inert if they wait until the market is fully developed or if they are undecided about the best course of action. The literature does not mention this second explanation as a reason for incumbent inertia.
By allocating resources effectively and acquiring capabilities that enable them to outperform rivals, businesses can gain a competitive edge (Day, 1994), but as the competitive environment changes, firms may lose their ability to compete.
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which of the following activities would be considered a project? a.) schedule benchmark tests for each grading period b.) maintain student attendance records c.) enroll and register new students d.) organize an all-staff event to introduce a new principal
Organizing an all-staff event to introduce a new principal would be considered a project.
A principal is money that you at the start agreed to pay lower back. a hobby is a value of borrowing the important. normally, any charge made on a vehicle mortgage might be carried out first to any prices which can be due (as an example, past due prices).
The primary is the quantity of a debt that was first borrowed, and which remains unpaid. This amount no longer consist of any amassed unpaid interest related to the debt. The time period also can talk to the chief participant in a contract or other commercial enterprise transaction.
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macroeconomic policies that focus on credit and interest rates or controlling the money supply are called
Monetary policy is the macroeconomic policy that focus on credit and interest rates or controlling the money supply
What is Monetary policy ?In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the interest rate payable for very short-term borrowing or the money supply.By altering interest rates or eliminating surplus reserves, monetary policy can increase the amount of money in circulation or decrease it. Fiscal policy, in contrast, focuses on taxation, government spending, and borrowing as tools for a government to control economic cycle phenomena like recessions.The best monetary policy may be created with the help of monetary economics. Monetary policy and fiscal policy are typically developed independently in modern nations.It is said that monetary policy is either expansionary or contractionary.To learn more about Monetary policy refer :
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what is your advice to amad? should he take the 179 on the it equipment or the office furniture, and explain why?
The company should select furniture for Sec 179 and IT equipment for MACRS due to accelerated depreciation because of 5 years MACRS on IT equipment rather than 7 years on Furniture.
Instead of capitalizing and depreciating the asset over time, business owners can immediately deduct their expenses for the purchase of depreciable business equipment under Section 179 of the U.S. Internal Revenue Code. If the piece of equipment is bought outright or financed, and the entire purchase price qualifies, the section 179 deduction may be taken.
The business can immediately reduce its tax obligation by deducting the cost of the equipment, as opposed to capitalizing and depreciating the asset, which allows for smaller deductions to be taken over a longer period of time. Small business owners are encouraged to expand their operations through the acquisition of new equipment by the Section 179 expensing method.
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Complete question:
Amad has opened a new business and purchased some new IT equipment (five-year property) for $240,000 and office furniture (seven-year property) for $380,000 on April 9, 2020. He would like to elect the Section 179 expensing in the amount of $500,000 and use MACRS for the balance. He does not want to take the bonus depreciation. He expects his income from the business to be $540,000 (before deducting for the Section 179 expense). He is not sure which asset should be fully expensed.
wally, incorporated issues $100,000 of 5% bonds, due in 10 years, when the market rate of interest is 6%. interest is paid semiannually on june 30 and december 31. the issue price of the bonds is:
The issue price of bond is $ 92,561.
What is bond issue price ?
An IOU-like debt security called a bond. To raise funds from investors prepared to extend them a loan for a specific period of time, borrowers issue bonds.
The bonds will mature on the maturity date, at which point the financial institution will pay the creditor the bond's face value.
The price that the bond issuer initially offers the bonds is known as the issue price. Bonds are frequently issued at par.
By applying a discount rate to the predicted cash flows, one may calculate the price of a bond. The time to maturity, credit ratings, and demand and availability are the three main factors that affect the price of bonds on the open market.
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item 20 bennett company has a potential new project that is expected to generate annual revenues of $264,800, with variable costs of $145,200, and fixed costs of $62,200. to finance the new project, the company will need to issue new debt that will have an annual interest expense of $26,000. the annual depreciation is $25,800 and the tax rate is 21 percent. what is the annual operating cash flow?
The Annual operating cash flow is $50,764.
Given in the Question,
Revenue = $264,800
Variable Cost = $145,200
Fixed Cost = $62,200
Depreciation Expenses = $25,800
The computation of the operating cash flow is shown below;
As we know that
Annual Operating Cash Flow is
= EBIT × (1 - Tax Rate) + Depreciation Expenses
Here,
Firstly, we will find Earnings Before Interest & Tax [EBIT]
Earnings Before Interest & Tax [EBIT] = Revenues - Variable Cost - Fixed Costs - Depreciation Expenses
= $264,800 - $145,200 - $62,200 - $25,800
= $31,600
Now,
Annual Operating Cash Flow = EBIT × (1 - Tax Rate) + Depreciation Expenses
= $31,600 × (1 - 0.21) + $25,800
= [$31,600 × 0.79] + $22,000
= $24,964 + 25,800
= $50,764.
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6. many subcultures make up important market segments. examples of three such important subculture groups include hispanic americans, african americans, and asian americans. describe the general shopping-related characteristics of each of these groups.
Branded, higher-quality products are more popular with Hispanic consumers than generics.
Perhaps even more significant is the fact that Hispanics are extremely brand-adherent and favor businesses that specifically target them. Compared to other demographics, African American consumers are more price-conscious; Quality and choice also strongly motivate them. African Americans appear to be more fashion-conscious and enjoy shopping more than other ethnic groups. Asian Americans are the most affluent demographic in the United States and the second-fastest-growing subculture of the population, after Hispanics.
Of all the ethnic groups, Asian Americans are the most brand-conscious and tech-savvy. Financially, older consumers are better off than younger ones. Travel, restaurants, high-tech home entertainment products, convenient services, financial services, and healthcare services would thrive in this market.
What kind of customers do Hispanics target?Include the culture of Hispanics in your marketing efforts.
You can, for instance, use a single Hispanic flag, incorporate cultural music, and incorporate imagery from Spanish-speaking nations. Your marketing can be more successful if you do more to connect your brand to the beautiful Hispanic culture.
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leaders who say what they think employees want to hear but whose behavior demonstrates that their own self-interests take precedence over the interest of their team could be described as
Pseudotransformational leaders are those who demonstrate that his own self-interests put before those of their team.
What do you mean by employee?An worker who is compensated to work for another person or business is an employee. Employees need only be paid by an employer for their labor in order to qualify as employees; individuals are not required to work comprehensive (the person or business that pays them).
Who are employees of a company?Employees are people who have been employed by their employer, often known as the person or company they work for, to execute tasks for them. According to the IRS, people are regarded as workers if the employer has control over the work done.
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an unscrupulous creditor might sell the right to collect the same debt to two different persons by assigning it to each of them. which one of the two innocent assignees is entitled to payment and why? (2 marks)
An assignable contract is a derivative contract that contains a clause allowing the holder to transfer the obligations and rights of the contract to another party or individual before the contract expires.
In the real estate market, there are also assignable contracts that permit the transfer of property.
An assignable contract is one that contains a clause allowing the contract's holder to assign, transfer, or otherwise dispose of the contract's obligations and rights to another party or individual before the contract's expiration date. The underlying asset would be available for delivery, and the assignee would be eligible to take advantage of all contract benefits prior to their expiration. However, any responsibilities or demands imposed by the contract must also be met by the assignee.Some options and futures contracts may have assignability. Additionally, real estate contracts that are assignable permit the transfer of property.Learn more about Contracts, here
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smathers corporation stock has a beta of .92. the market risk premium is 7.50 percent and the risk-free rate is 3.15 percent annually. what is the company's cost of equity?
Smather's corporation stock has a beta of .92. the market risk premium is 7.50 percent and the risk-free rate is 3.15 percent annually. Hence, the company's cost of equity is 10.05%.
Smather's Corp. stock has a beta of 0.92.
⇒ Beta = 0.92
Risk-free rate = 3.15 percent
Market risk premium = 7.50 percent
Formula: Cost of Equity = [ Risk free rate + (Beta) × ( Market risk premium) ]
Substitute all values, we get
Cost of Equity = [ 3.15 + (0.92) × ( 7.50) ]%
= [3.15+6.9]%
= 10.05%
Hence, the company's cost of equity is 10.05%.
The return a business needs to determine if an investment satisfies capital return criteria is known as the cost of equity. It is frequently used by businesses as a cap for the required rate of return. The price the market is willing to pay to possess an asset and assume ownership risk is known as a company's cost of equity. The capital asset pricing model and the dividend capitalization model are the two conventional formulas for calculating the cost of equity (CAPM).
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assume the market reaches the competitive market equilibrium, what will be the price and quantity produced and sold?
Competitive equilibrium is a circumstance in which profit-maximizing producers and utility-maximizing customers in aggressive markets with freely decided expenditures arrive at an equilibrium price.
At this equilibrium price, the quantity furnished is equal to the quantity demanded.
What happens when a market reaches its equilibrium price?A market is stated to have reached equilibrium price when the grant of goods fits demand. A market in equilibrium demonstrates three characteristics: the conduct of agents is consistent, there are no incentives for dealers to alternate behavior, and a dynamic process governs equilibrium outcomes.
Prices and quantities in aggressive equilibrium trade in response to grant and demand shocks. Price-taking behaviour ensures that all positive factors from trade in the market are exhausted at a aggressive equilibrium.
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https://brainly.com/question/13372875#SPJ4when workers admire a supervisor because of the way he or she deals with them, the influence is based on:
When workers admire a supervisor because of the way they deal with them the influence is based on referent power.
A leader's capacity to motivate and sway people is the root of referent power, according to the most basic definition. The degree to which people like, respect, and admire a particular leader determines their authority.
One of several varieties of power is referent power. Other types of power include legitimate power, expert power, coercive power, and reward power. John French and Bertram Raven, two social psychologists, first discussed these theories of power in 1959.
The two proposed that referent power would enable leaders to inspire and enthuse followers. This leadership power could persuade people to follow you if you have the right personality traits and interpersonal skills.
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in companies that do not use a self-imposed budgeting process, profit targets are generally set by blank . multiple choice question. lower-level managers the board of directors employees top managers
Top managers typically set profit targets in organizations without a self-imposed budgeting mechanism.
What is Self-imposed budgeting:
a budgeting technique where managers create their own budgets. The manager's superior then reviews these budgets; any disagreements are then settled amicably.
A budget is a comprehensive quantitative plan for gathering and using funds and other resources over a predetermined period of time.Budgeting is the process of creating a plan of action.Budgetary control refers to using budgets to manage an organization's operations.Budget projections made by line managers are frequently more accurate than projections made by top managers. When people help define their own goals rather than having them imposed on them, motivation is typically higher. Resentment may develop if a budget is imposed by upper levels of management with minimal support from personnel and managers at lower levels. This may occur, in example, when a management receives criticism or punishment for a budget issue that they were not involved in creating.
A self-imposed restriction is a boundary that the individual sets for themselves as a kind of self-defense. These kinds of restrictions are merely what we decide to consider the limit rather than actual breaking points. When faced with a crisis, people frequently learn that they are far stronger and more resilient than they had thought.
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bennett company has a potential new project that is expected to generate annual revenues of $263,900, with variable costs of $144,800, and fixed costs of $61,900. to finance the new project, the company will need to issue new debt that will have an annual interest expense of $25,500. the annual depreciation is $25,600 and the tax rate is 21 percent. what is the annual operating cash flow?
A measure of the amount of money made by a company's regular business operations is called operating cash flow (OCF).
What Is Operating Cash Flow (OCF)?Operating cash flow shows if a business can produce enough positive cash flow to support and expand its operations; if not, it may need outside finance for capital growth.An essential metric for assessing the financial performance of a company's main business operations is operating cash flow.A cash flow statement's opening part, which also contains cash from investing and financing activities, shows operating cash flow.The indirect method and the direct approach are both ways to show operating cash flow on a cash flow statement.The indirect technique starts with the income statement's net income and then subtracts non-cash items to get the cash base amount.The direct method uses actual cash inflows and outflows on the cash flow statement and tracks all transactions in a period on a cash basis.To Learn more About operating cash flow Refer to:
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Many consumers associate Mercedes automobiles with status, luxury, quality engineering, and high price. This is an example of Mercedes' _____.
a) Brand equity
b) Brand image
c) Brand leverage
d) Brand position
e) Brand identity
Many consumers associate Mercedes automobiles with status, luxury, quality engineering and high price. This is an example of Mercedes' brand image. The correct answer would be option B.
The way a customer perceives a brand is known as its brand image. It is the culmination of a customer's perceptions, thoughts and impressions of the brand. Building a company's brand identity takes up the majority of their attention, resources and time. They choose the brand's visual identity, the customer experience it should provide, the positioning of the brand in consumers' minds as well as other connotations. When all of these factors are considered, a brand personality is created, which when the customer interacts with the business or learns about it, creates a brand image.
The following are the benefits of having a good brand image:
More earnings as more people get familiar with the brandNew items under the same brand are simple to introduceIncreases the trust of current clients and aids in keeping themImproved customer-business relationshipsTo know about brand equity see:
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according to random walk theory, what are the (approximate) odds that a stock will increase in price today after having increased on two consecutive days of trading?
According to random walk theory, the (approximate) odds of a stock increasing in price today after increasing on two consecutive days of trading are 50%.
A random walk is a random process in mathematics that specifies a path consisting of a series of random steps on a mathematical space. The random walk on the integer number line mathbb, which starts at 0 and travels +1 or 1 with equal chance at each step, is an elementary example of a random walk. Other examples include a molecule's route through a liquid or gas, a foraging animal's search path, the price of a fluctuating stock, and a gambler's financial condition.
Random walks have applications in engineering and numerous scientific domains, including ecology, psychology, computer science, biology, economics, and sociology. Karl Pearson coined the term "random stroll."
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Money neutrality suggests that an increase in the money supply leads to _____ in price level and inflation and _____ in real gdp.
Money neutrality suggests that an increase in the money supply leads to an increase in price level and inflation and no change in real GDP.
In the field of business, money neutrality is a theory that describes that although an increase in revenue can lead to an increase in price level but it does not have any real effect on the GDP.
In other words, money neutrality describes that an increase in monetary value does not affect the economic equilibrium that is required for enhancing the GDP of the country.
Factors like GPD or employment etc remain unaffected by the increase in money according to the money neutrality theory in business.
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given the answer to first question, what discretionary fiscal policy tool did arthur laffer propose that the united states utilize to increase tax revenues?
c. point C
According to Arthur Laffer, the 1980s US economy was operating at an excessively high-income tax rate, but not at 100%. As a result, the answer to the first question is point C.
c. decrease income tax rates
Given his assessment of the economy, Laffer proposed that the solution to increasing tax revenues was to lower tax rates. As a result, the answer to question two is to lower income tax rates.
Arthur Laffer was a supply-side economist who sought the lowest possible income tax rate in order to maximize government tax revenues. The economy would operate at point E with this hypothetical tax rate. He is not well known for his perspectives on government spending or demand management policies.
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The complete question is:
In the 1980s, Arthur Laffer proposed that the economy was operating around which point?
a. A
b. B
c. C
d. D
e. E
Given the answer to first question, what discretionary fiscal policy tool did Arthur Laffer propose that the United States utilize to increase tax revenues?
a. decrease government spending
b. keep income tax rates at the current level
c. decrease income tax rates
d. increase government spending
e. increase income tax rates
while preparing the bank reconciliation, you notice that a check, written by the company for $920, has been outstanding for 5 months. what is the best action for you to take?
we notice that a check, written by the company for $920, has been outstanding for 5 months .Investigate to determine why the check has not cleared is the best action to take.
Written, dated, and signed check instruct banks to give the bearer a certain amount of money. The person or entity who writes the check is referred to as the payor or drawer, and the person to whom it is made payable is known as the payee. The bank on which the check is drawn, on the other hand, is the drawee. Payments can be made in a convenient, secure, and safe manner using checks. Since no hard cash is used in the transfer procedure, it is a secure solution that reduces the risk of theft or loss. Both current accounts and savings accounts are eligible for cheque issuance. Checks that use the bank's own funds to complete the transaction are called cashier's checks or teller's checks.
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applying the cobit framework, governance is the responsibility of group of answer choices internal audit. external audit. management. the board of directors.
According to the COBIT framework, the board of directors is in charge of governance.
ISACA developed the COBIT framework to close a critical gap between technological concerns, business risks, and control needs. In order to guarantee the quality, control, and dependability of information systems, COBIT may be applied in any business from any sector.
A few real-world issues with COBIT are noted, including its complex principles and organizational structure, a lack of implementation assistance and benefits, and its overlap with other IT standards. A COBIT-BSC model is suggested to illustrate a straightforward method of structuring COBIT control objectives in order to address these issues.
Businesses can manage risk, reduce the cost of IT services, gain better insight into IT operations, and eliminate silos between IT and other business units by using COBIT effectively.
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