As Lynn is working on documenting the text that will be incorporated into a new publication ad for her company’s line of handbags, she is engaging in the encoding stage of the communication process.
What is encoding stage?Encoding is the first step of the memory process. Encoding occurs when information is summarized into a form that can be processed mentally. Information from the background is constantly reaching your senses in the forms of stimuli. Encoding allows you to modify the stimuli so that you may put it into your recollection.What are the 3 types of encoding?
There are three main regions of encoding memory that make the journey possible: visual encoding, acoustic encoding and semantic encoding.
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When a company receives cash in advance from customers for services to be performed in the future, the transaction affects the ______ account.
When a company receives cash in advance from customer for services to be performed in future , the transaction affects the liability account.
Advance from customer is a liability account , in which is stored all payments from customers for goods or services that have not yet been delivered.
What is liability account?
Liability accounts are categories within the business's books that show how much it owes, A debit to a liability account means the business doesn't owe so much i.e reduced liability , and a credit to a liability account means the business owes more i.e, increases the liability.
Liability account appears on the business's balance sheet.
Records of advance payment accounting
whenever an advance payment is made , the accounting entry is expressed as a debit to the assets cash for the amount received . A credit also needs to be made to the liability account-something along the lines of Advance Payments ,Unearned revenue,or Customer Advances.
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The process of evaluating and planning for long-term investments is called budgeting.
It is true that the process of evaluating and planning for long-term investments is called capital budgeting.
What is capital budgeting?This is when an organization plans to start a major investment project, hence a process of making capital expenditure decisions.
It is a planning process employed by a firm's management to evaluate if embarking on long-term investments are viable and profitable.
Long term investments in capital budgeting are:
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A _______________ gives customers the belief that manufacturers will stand behind their product.
A value proposition gives customers the belief that manufacturers will stand behind their product. A product's value proposition should succinctly describe how it meets a need, outline how it adds value, and explain why it is superior than competing offerings.
The optimal value proposition is direct and appeals to main factors that influence customers decision. Companies utilize this claim to target clients who will gain the most from utilizing their product, which contributes to preservation of their economic moat. An edge over competitors is an economic moat. A company's size and ability to withstand competition increase with moat's width.
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What cognitive bias is in play when individuals draw conclusions based on very small samples or a single anecdote, thus violating the law of large numbers?
Representativeness is the cognitive bias is in play when individuals draw conclusions based on very small samples or a single anecdote, thus violating the law of large numbers.
Representativeness is defined as the extent of ways well or how correctly something displays upon a pattern. When a have a look gives a terrific indication of what the complete population believes, that is an example of a study with proper representativeness. The country or first-class of being as it should be consultant of something.
Police who're looking for a suspect in a criminal offense would possibly consciousness disproportionately of the Black humans they seek because the representativeness heuristic (and the stereotypes that they are drawing on) reasons them to anticipate that a Black person is much more likely to be a crook than any individual from another institution.
A representativeness heuristic is a cognitive bias in which an individual categorizes a scenario primarily based on a pattern of previous reviews or ideals approximately the scenario. It could be beneficial when seeking to make a brief decision however it can additionally be restricting because it leads to close-mindedness which include in stereotypes.
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When consumers are consistent across various dimensions, social class is easy to determine and _________ has occurred.
When consumers are consistent across various dimensions, social class is easy to determine and status crystallization has occurred.
Status Crystallization (SC) is an idea over 1/2 a century old. it is center precept is that people in society have sure expectations approximately how various sorts (or dimensions) of social status have to correlate with one another.
Status Crystallization (SC) is a concept over half of a century antique. Its center precept is that people in society have positive expectations approximately how numerous types (or dimensions) of social popularity must correlate with one another.
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Why is it important for me to conduct myself in an appropriate manner throughout recruitment and beyond?.
It is important for me to conduct myself in an appropriate manner throughout recruitment and beyond to leave a good impression on others and to perform our jobs in a great way.
What is an appropriate manner?
Right or suitable; fitting.
Rare particular; own.
What is an example of a manner?
An example of manner is the way in which someone performs her job.
A way or method in which something is done or happens; mode or fashion of procedure.
Characteristic mode of acting, conducting, carrying one's self; bearing; habitual style. His natural manner makes him seem like the boss.
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If the labor force becomes more productive over time, how would the long-run aggregate supply curve be affected
Explanation:
as the labor force become more productive over time how long run aggregate supply cruve shift to the right
The ability to anticipate a fraud perpetrator’s likely method of concealing a fraud is called?
The ability to anticipate a fraud perpetrator’s likely method of concealing a fraud is called Strategic reasoning.
Being strategic requires confidence in a decision-making process that cannot be based on a 100% proof of concept. Being strategic means being insightful, visionary, open-minded, proactive, working from scratch, and making decisions based on facts and calculated intuition. To do.
Strategic thinkers are. They don't wait or respond to be told what to do. They introduce new ideas, start new projects, and try to find the next big thing. They are closer to what they need to do today than what is needed to reach a much larger long-term goal.
Strategic thinking skills are skills that enable you to use critical thinking to solve complex problems and plan for the future. These skills are essential to achieving business goals, overcoming obstacles, and overcoming challenges. Especially if you anticipate it will take weeks, months, or even years to accomplish.
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When a company archives data for later analysis, its employees will use ________ tools to work with the data and obtain information on how the organization is progressing toward its goals.
When a company archives data for later analysis, its employees will use business intelligence tools to work with the data and obtain information on how the organization is progressing toward its goals.
Business intelligence (BI) is a tech-driven method for data analysis and information delivery that aids managers, employees, and executives in making wise business decisions.
In order to make the analytics results available to business users for operational decision-making and strategic planning, organizations collect data from internal IT systems and external sources, prepare it for analysis, run queries against the data, and create data visualizations, BI dashboards, and reports.
Better business decisions that help enterprises boost revenue, boost operational effectiveness, and gain a competitive edge over rival companies are the ultimate goal of BI projects.
In order to accomplish that, BI combines analytics, reporting, and data management technologies with a number of different data management and analysis approaches.
Hence, business intelligence is the anser.
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What do six sigma programs seek to reduce in processes?
a. redundancy
b. variation
c. excess
d. standardization
The correct option is b. variation.
The six sigma programs seek to reduce the "variation" in processes.
What is six sigma program?Statistics & data analysis are used in the Six Sigma process to identify and minimize errors or flaws. This approach aims to decrease manufacturing faults to no and over 3.4 defects every million or events while increasing cycle times.
Some key features of six sigma program are-
The Six Sigma methodology gives businesses the tools they need to manage their operations more effectively. By enhancing performance and reducing process variance, it is feasible to lower defect rates, boost employee morale, and raise the caliber of output, all of which help to increase profitability.By lowering the likelihood of error, the Six Sigma collection of management tools and procedures is intended to increase the capacity of the business process. Six sigma was a data strategy that employs statistical methods for defect eradication, defect reduction, and revenue growth.To know more about Six Sigma program, here
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To what should the allocation base used to apply overhead be most strongly associated?
To the estimated overhead cost should the allocation base used to apply overhead be most strongly associated.
Cost, generally speaking, is the monetary value of goods and services purchased by producers and consumers. In a basic economic sense, the cost is a measure of the alternatives given up in choosing one good or activity over another. These basic costs are commonly called opportunity costs.
Cost is the monetary value that a business has had to spend to produce goods or services. Calculated as the amount of money a business spends to produce a specific unit of a product. Simply put, it is the money a business spends on labor, services, goods, etc.
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The relatively calm trailing edge of continents are called ______ margins, while the leading edge of continents are called ______ margins.
The relatively calm trailing edge of continents are called passive margins, while the leading edge of continents are called active margins.
Active margin is a zone where tectonic plates either converge with, or shear past, one another. The active margin is in the West Coast of the United States, which is characterized by rugged coastlines with narrow beaches and steep sea cliffs.
Passive margins are continental margins which are not tectonically active. Thus, they mark the sites where continents have rifted apart to become separated by an ocean. The Eastern Seaboard, as is the Gulf Coast is a passive margin.
Hence, the answer is given and explained above.
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What is one of the best ways for a business owner to protect personal assets? a. investing capital b. selling shares c. incorporating d. sharing responsibilities
One of the first-class approaches for an enterprise proprietor to protect personal property is A) investing capital.
Non-public assets are matters of present or destiny value owned by an individual or household. common examples of private assets include coins and cash equivalents, certificates of deposit, checking, and savings accounts, cash market money owed physical cash, and Treasury bills.
Cash bills and financial accounts are a number of the most commonplace non-public assets that human beings think of. cash stored in a financial institution is typically higher than coins on hand. actual estate, inclusive of houses, land, or other buildings, are other common personal belongings for humans. The price in these structures is known as fairness.
To a totally simple degree, an asset is something that offers a future monetary advantage, at the same time a liability is a responsibility. In the usage of this framework, a house can be viewed as an asset, however, a loan could virtually be a legal responsibility. the majority who personal a domestic have a loan but also have equity built up in that home.
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In early adolescence, students face a choice between focusing on academic goals or social goals. what effect does this have in the long term?
When a student goes through early adolescence, they face a choice between academic goals or social goals and B. This decision does have long-term impact on educational success and choice of career.
What happens to students in early adolescence?When a student is going through early adolescence, there is an extra pressure to focus on social goals in addition to their academic goals.
This can affect their long term educational success if they focus on social goals more and can also affect the career that they go into.
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It should be noted that In early adolescence, students face a choice between focusing on academic goals or social goals and this have have effect in the long term because it has impact on educational success and choice of career.
Why do student in adolescence do face a choice between focusing on academic goals or social goals?
Student in adolescence do face a choice between focusing on academic goals or social goals because at that age, they can not make a proper decision by themselves, reason why they need good parenting or guardian.
However, educational success and choice of career is a product of the choice they make.
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When both parties to a contract have erroneous assumptions about the same fact, it is known as a(n) ________.
When both parties to a contract have erroneous assumptions about the same fact, it is known as a mutual mistake.
What is mutual mistake?When both parties to a contract are erroneous regarding the same crucial piece of information, this is known as a mutual error. They disagree with each other. Although the parties are in agreement, they are in error. The contract is therefore voidable. Collateral errors do not grant the right to cancel. One that "does not go to the heart" of the contract is referred to as a collateral error. An error made by both parties must be material in order for it to invalidate a contract.The assumption pf risk is questioned when a significant error is made on a significant aspect of the contract or the contract's primary goal. Contractual provisions or prevailing tradition may be used to determine this risk.
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A coffee shop blends 2 kinds of coffee, putting in 2 parts of a $0. 33 pound grade to 1 part of a $0. 24 grade. If the mixture is changed to 1 part of the $0. 33 grade to 2 parts of the less expensive grade, how much will the shop save in blending 100 pounds?.
The shop will save $0.03 per pound or $3.00 for 100 pounds.
What is Profit and loss?An income statement, also known as a profit and loss account, is one of a company's financial statements and displays the company's receipts and outlays for a specific time period. It details the conversion of revenues into net income or net profit.
How do you calculate profit and loss?Profit percent = Profit/Cost Price 100 is the formula to determine the profit percentage. Loss percent = Loss/Cost Price 100 is the formula to determine loss percentage.
According to the given information:Mixture 1
$0.66 + $0.24 = $0.90 for 3 pounds or $0.30/pound
Mixture 2
$0.33 + $0.48 = $0.81 for 3 pounds or $0.27/pound
The shop will save $0.03 per pound or $3.00 for 100 pounds.
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Suppose you transfer $500 from your savings account to your checking account. with this transaction, m1 _____ and m2 _____.
Suppose you transfer $500 from your savings account to your checking account. with this transaction, m1 decreases, and m2 stays the same.
A savings account is interest-bearing savings account at a bank or other financial institution. These accounts typically pay modest interest rates, but their security and reliability make them a great option for storing the cash you need for short-term needs.
There are some limits on frequency, but they are generally very flexible and ideal for building an emergency fund, saving for short-term goals like buying a car or vacation or simply saving excess cash. target. No need to sweep to your checking account so you can earn more interest.
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In interest group formation, increasing the public goods will likely – the size of the group. increasing the selective benefits will likely – the size of the group.
Interest groups provide several benefits, including the ability to influence government change, offer the general public and political decision-makers invaluable resources in society.
An interest group is an officially structured collection of people or organizations that has come together due to common interests and is trying to sway public opinion in favor of those interests. Special interest organizations, pressure groups, and advocacy groups are other names for interest groups. Interest groups are thought of as modest social outgrowths that expand exponentially into larger organizations. These organizations influence the government, for instance, by proposing laws that favor a certain social group or society as a whole. By exerting pressure on legislators to enact their policies, these organizations achieve their goals.
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A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they:______
A reason why marketing intermediaries such as transport companies and wholesalers have survived is that they add enough value to products to outweigh the added costs.
What is marketing?Marketing refers to all actions taking by an entity towards attracting the interest of potential buyers. It consists of all activities, aimed at promoting immediate sales.
In other words, companies market their products so that they can get people interested in buying them. Also, it involves getting to know what exactly customer wants and how to meet those want.
It is to be noted that marketing includes market research and advertising. It applies to operations undertaken by an organization that facilitate the purchase or sale of a commodity, service or good hence one of the key industry and trade elements.
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A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the?
A broad principle that requires identifying the activities of a business with specific time periods such as months, quarters, or years is the Time period principle.
The time period principle- Financial results and other material business activities should be reported over a consistent time period, such as a month, week, day, etc., in accordance with the time period concept. Depending on the frequency of the chosen time period, the firm must then adhere to a distinct set of regulations for each financial statement in accordance with US Generally Accepted Accounting Principles.
Any company's financial statements can be thought of as a snapshot in time that reveals both the company's history and its current status. That's why it's crucial to disclose to readers the time frame in which the financial statements were generated in accordance with the time period concept.
In its broadest sense, the time period principle holds that any enterprise may conveniently categorize its financial operations into discrete time intervals. That is to say, all cash inflows and outflows may be neatly categorised into separate and sequential accounting periods.
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When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to:_______
When using absorption costing when production is greater than sales, a portion of fixed overhead is allocated to ending inventory.
Production is the process of combining various tangible and intangible inputs to produce something for consumption. It is the act of creating an output, goods, or services that are of value and contribute to an individual's benefit.
Manufacturing is the process of producing or producing goods or products from raw materials or parts. In other words, production takes inputs and uses them to create outputs suitable for consumption, i.e. goods or products of value to the end-user or customer.
An example of production is the manufacture of furniture. An example of production is harvesting corn for food. An example of production is corn production. noun.
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The difference between a random walk and a submartingale is the expected price change in a random walk is ______, and the expected price change for a submartingale is ______.
The difference between a random walk and a sub martingale is the expected price change in a random walk is zero, and the expected price change for a sub martingale is positive.
The random walk theory suggests that changes in stock prices have the same distribution and are independent of each other. The expected price change in a random walk is zero.
On the other hand, the martingale strategy involves doubling up on losing bets and reducing winning bets by half. Thus, the expected price change for a sub martingale is positive.
Hence, The answer was given and explained above.
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The fed’s efforts to manage interest rates and thus the availability of credit is known as:__________
The fed’s efforts to manage interest rates and thus the availability of credit is known as monetary policy.
A country's central bank uses a set of instruments called monetary policy to regulate the total amount of money in circulation, foster economic expansion, and implement measures like adjusting interest rates and altering bank reserve requirements. The discount rate, reserve requirements, and open market operations are the three primary instruments of monetary policy.
As the nation's monetary policy regulator, the Fed affects the cost and availability of credit and money to support a robust economy. Controlling inflation, moderating employment levels, and preserving long-term interest rates are the three goals of monetary policy.
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In a ________, the buyer seizes control of the business without the permission of all owners.
In a takeover, the buyer seizes control of the business without the permission of all owners. When a corporation successfully makes a bid to take over or purchase another, it is called a takeover. One way to do takeovers is to buy the majority of the target company's stock.
The merger and acquisition method is frequently used to carry out takeovers. In a takeover, the corporation making the offer is referred to as buyer, and the business it wants to control is known as target. An acquirer may decide to buy the entire firm completely or purchase full company's outstanding shares.
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What analytical method does a firm typically employ to assess the target market and its own competencies?
The analytical method does a firm typically employ to assess the target market and its own competencies is called "SWOT analysis".
What is SWOT analysis?The SWOT analysis is one of the tool that could assist you in identifying the current strengths of your business and developing a winning future strategy. SWOT can also reveal business areas that are restricting your growth or that, if left unchecked, your competitors may exploit.
The importance of SWOT analysis are;
SWOT analysis can assist you in exposing unsafe assumptions and performance blindspots inside your firm. It can provide fresh perspectives on where your company is right now and assist you in creating the ideal strategy for any circumstance if you use it thoughtfully and in collaboration.For instance, you might be fully aware of some your individual's progress, but you might not be aware of just how dependable they are until you list them alongside vulnerabilities and threats.Similarly, you probably have valid concerns about several of your company's vulnerabilities, but by conducting a methodical examination, you can uncover a previously unnoticed potential that may more than make up for them.To know more about SWOT analysis, here
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Automobile manufacturers such as ford and general motors often use ________ distribution, such that dealers act as retailers.
Automobile manufacturers such as Ford and General Motors often use indirect distribution, such that dealers act as retailers.
For a manufacturer, indirect distribution means selling wholesale to agents or retailers so that they can distribute the product for you. They store it, display it, and employ the sales force to put it into the hands of customers.
What is direct and indirect distribution with examples?As the names would imply, direct distribution is a direct sale between the manufacturer and the consumer, and indirect distribution is when a manufacturer utilizes a wholesaler or retailer to sell their productsIndirect distribution allows you to: share shipping and storage costs. make it easier for customers to find your products. benefit from your third-party's experience, infrastructure and salesforce.To learn more about indirect distribution, click the links.
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Which strategy provides an example of a current marketing era, which focuses on exceeding customer expectations
The strategy that provides an example of a current marketing era, which focuses on exceeding customer expectations is B.Adventure Hotels is all about the experience. Then goal is to make certain that every guest leaves their properties with a better feeling than when they first arrived. The CEO of Adventure says, "We want you to think of our brand first when you make a hotel reservation."
What is marketing strategy?A marketing strategy serves as the business's overall game plan that is been used by the firm in prospective consumers as well as turning them into customers.
They use this so as to be able to sell of their products or service, it should be noted that company's value proposition as well as key brand messaging is very essential here.
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CHECK THE COMPLETE QUESTION BELOW:
Which of the following strategies provides an example of the most current era whose principles today s businesses are embracing? Slick Willy Car Sales always has a large stock of pre-owned cars at great prices. You can almost always get a car for about 30-40% cheaper than at another car sales company, but you buy it "as is." without any warranties. Adventure Hotels is all about the experience. Then goal is to make certain that every guest leaves their properties with a better feeling than when they first arrived. The CEO of Adventure says, "We want you to think of our brand first when you make a hotel reservation." Backstreet Books, Ltd., is known for stocking the top ten books on the monthly best sellers list. These books are almost always available at a reasonable cost to the bookstore, and they usually fly off the shelves. Backstreet Books sees this as a win-win situation for themselves and their customers. At International, a smart phone manufacturer, the production line is a 24-hour operation, even if demand is tepid.
Acquisitions to increase market power require that the firm have a(n) __________ diversification strategy.
Acquisitions to increase the market power require that the firm have a related diversification strategy. A related diversification is one where the two enterprises involved have important characteristics that have the potential to lead to economies of scale or synergies based on the sharing of resources or talents.
In a related diversification, the joined company should be able to increase ROI due to the commonalities that result in greater revenues, decreased costs, or reduced investment. Whether there is a genuine and significant area of commonality that will increase the overall market power is a crucial consideration in any decision regarding diversification.
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When clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired kingsford charcoal and prime choice brand steak sauce, it was an example of _________.
When Clorox corporation, the manufacturer of bleach and bleach-based cleaning products, acquired Kingsford charcoal and prime choice brand steak sauce, it was an example of unrelated diversification.
What are unrelated diversification strategies?
A corporation pursuing expansion in product marketplaces when the primary success criteria are unrelated to one another is known as an unrelated-business-diversifier. Such a business, whether it be a holding company or a conglomerate, anticipates little to no functional talent transfer between its numerous subsidiaries.
What are the risks of unrelated diversification?
Diversification into unrelated industries has the additional drawback of possibly fostering divisional politics. For instance, there can be disputes about how to allocate the company's limited financial and other resources, with several divisions competing for control of them.
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What is the term for when a good is taken out of circulation or sent back by a customer to the business because the product is deemed defective or unsafe for use?
A product flaw is any feature that prevents it from being used for the intended purpose for which it was created.
The word "product defect" is used to refer to "anything that renders the product not It is most frequently used in legal contexts involving product safety, specifically "reasonably safe. "Product liability is the area of law that deals with damage brought on by defective products. A product may be defective under a variety of conditions.
The product can have a design flaw or defect as a result of improper testing or design, making it impossible for it to carry out the intended function.
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