three sequence flows (paths) leaving an exclusive branching gateway. The token will proceed from that gateway on only parallel path.
An exclusive gateway restricts the sequence inflow in such a way that exactly one volition is named from a set of druthers at runtime. Consequently, the exclusive gateway corresponds to a typical either – or decision where exactly one volition is named.
What are the three types of gateways?
There are two main types of gateways unidirectional gateways and bidirectional gateways.
What's the difference between resemblant and inclusive gateways?
Use a parallel, diverging gateway when you want the process to follow all available paths. Use a parallel, clustering gateway when you want to meet all available paths. Use inclusive, diverging gateway when you want to follow one or further available paths grounded on conditions that you specify.
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Hugo lives in a country where individuals own all or most of the factors of production. Clearly Hugo lives in a ____ country.
Hugo lives in a country where individuals own all or most of the factors of production. Clearly Hugo lives in a capitalist country.
Capitalist country refers to the type of country in which several individuals or private individuals have the ownership of all the factors controlling the economy of the country. Government is not involved in the economical affairs rather it is the private entities who look after all the economical affairs. They make their own rules and they control the market and the economy. They can change the rules according to their will and the government will have no say in this. Within the capitalist countries, it is the rich elites who benefit and the middle class and lower class people suffer the most. Hugo also lives in a capitalist country which is controlled by elites.
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Which of the following companies is most likely to achieve the human resource management (HRM) goal of complying with legal and social obligations?
a. A company that hires specialized employees to remain competitive
b. A company that gives its employees the freedom to act and make decisions as they deem fit
c. A company that makes sure its employees are aware of regulatory requirements
d. A company that develops practices to promote ethnocentrism
c) A company that makes sure its employees are aware of regulatory requirements will most likely to achieve the human resource management (HRM) goal of complying with legal and social obligations.
One of the key goals of human resource management (HRM) is to comply with legal and social obligations. A company that makes sure its employees are aware of regulatory requirements is most likely to achieve this goal as it ensures that all employees are following the same rules and regulations, reducing the risk of legal or ethical violations.
This type of company is taking a proactive approach to HRM and prioritizing the compliance of its employees with the law. This type of company also ensures that its employees understand the company's position on ethical matters, promoting a positive work culture and reducing the risk of any kind of misconduct.
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True or False : marketing is relevant only to people in the organization who work directly in the marketing department
An industry based on which of the following would most likely take advantage of lower costs in some less developed foreign countries?
a. assembly line production
b. specialized professional services
c. nuclear missile programs
d. development of more sophisticated computer technology
Lower costs would most likely benefit from lower costs in some less developed countries: (A) assembly line production.
The required details for assembly line in given paragraph
An assembly line is a manufacturing process in which parts are added as inventory moves from one work station to another, with parts being added sequentially until final assembly. By mechanically moving and rolling parts from one work station to another for assembly work, the finished product can be assembled faster and with less effort than if workers had to move parts to a fixed component for assembly work. Assembly lines are common methods of assembling complex components such as automobiles and other transportation equipment, household appliances, and electronic devices. Employees who are responsible for work on the assembly line are called assemblers. Lotus Cars assembly line since 2008. Assembly lines are designed to arrange workers, tools or machines and parts in order. Business trips are reduced to a minimum as far as possible. All parts or assemblies are moved by conveyor belts or motorized vehicles such as forklifts or by gravity without manual handling.
Heavy lifting is done by machines such as overhead cranes or forklifts. Each employee typically performs one task, unless there are job rotation strategies.
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Sales Promotion Agencies specialists design and then operate contests, sweepstakes, special displays, or coupon campaigns for advertisers
The statement '' Sales promotion agencies specialize in designing and operating various types of promotional campaigns for advertisers'' is correct.
These campaigns can include contests, sweepstakes, special displays, and coupon promotions. The goal of these promotions is to increase consumer awareness of and interest in a particular product or service.
The sales promotion agency works with the advertiser to determine the best type of promotion for their product and target audience, and then develops and implements the campaign.
This can involve tasks such as designing promotional materials, setting up and managing a website for the promotion, and handling the logistics of distributing prizes or coupons. The goal of these promotions is to increase sales and build brand loyalty.
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Complete question
Sales Promotion Agencies specialists design and then operate contests, sweepstakes, special displays, or coupon campaigns for advertisers. True of false?
South Avenue publishing self help books.The company profit is the
If South Avenue publishing self help books.The company profit is the:
Money the company earns after paying all of its production costs.
What is profit?Profit can be defined as the income or revenue earn after deducting all expenses.
South Avenue publishing self-help books would tend to generate profit or revenue through the sale of their books after deducting all expenses .
They would earn their revenue by selling their books to retailers, such as bookstores and online retailers, as well as through direct sales to consumers through their own website.
Therefore the statement that complete the sentence is: Money the company earns after paying all of its production costs.
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typical benefits to owning common stock include multiple select question. legal obligation for repayment dividends guaranteed cash flow voting rights
Ordinary share holders normally receive the following three benefits: right to vote, profits, and limited liability. On averages and over time, common stock has shown to be an useful source of return for investors through investment income and regular dividends.
What advantages and rights do owners of common stock have?Six rights are granted to common shareholders: vote authority, stock, the ability to transfer stake, dividends, the ability to view corporate records, and the ability to bring legal claims for wrongdoing.
What are the benefits and drawbacks of stock ownership?Benefits and Drawbacks of Common Stock
Bond and deposit certificates perform worse than common stocks. Therefore, there is no cap on how much money an investor can make from holding ordinary stock. Common stocks are thus more affordable and useful alternatives to debt investment.
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Characterizing a concept in terms of the operations or procedures by which it is to be measured for a specific research endeavor is a way of expressing which of the following? a. A variable
b. An operatonal definition
c. A conceptual model
d. A conceptual definition
Characterizing a concept in terms of the operations or procedures by which it is to be measured for a specific research endeavor is a way of expressing: b. An operational definition.
What is an operational definition?An operational definition can be defined as a clear and specific statement of the procedures that is used to measure or define a particular variable in a research study.
An operational definition is used to ensure the reliability and validity of data collection and analysis, and to make research results easily replicable and interpretable.
Therefore the correct option is B.
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1 22. Review this partial credit report, and then choose the response below that accurately depicts the information on the report. * $7 WENNB/CLARK Date opened Type Credit limit or Recent balance 4590 E BROAD ST Apr 2002 Revolving original amount $0 as of Sep 2008 COLUMBUS OH 43213 First reported Terms $210 Recent payment No phone number available Jul 2003 Not reported High balance Partial account number Date of status Monthly $411 707654030021.... Mar 2007 payment Address identification number $6 0000375966 Payment history 2008 2007 2006 SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG 2004 2003 MAR FEB JAN DEC NOV OCT SEP AUG JUL JUN MAY APR MAR FEB JAN DEC NOV OCT SEP AUG JUL The borrower paid a $30 fee in February 2007 This borrower was never late with any of their credit payments This borrower's most recent payment was $30 O This borrower was 30 days late on their February 2007 payment
The borrower was 30 days late on their February 2007 payment. Option d is the right choice.
The credit payments are 30 days delayed by the borrower in Feb 2007 and in other months are timely.
Using your credit card to pay for anything you've purchased: For purchases made through the mail or online, we also take credit cards. If you pay your energy bill by direct debit, it's possible that your provider will find themselves "in credit" with you, which indicates that they owe you money.
Because the user agrees to pay the bank back later when making a purchase with a Visa card, the card is seen as a type of credit. Credit may be granted in monetary or other forms. A distinct sort of credit, deferred payment, may be exchanged for products and services.
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Which of the following types of stores carries a deep assortment of goods in each category, has knowledgeable staff, and is often viewed as a very large specialty store?
A) category killer B) chain
C) factory outlet
D) shopping center
E) independent
A category killer store carries a deep assortment of goods in each category, has knowledgeable staff, and is often viewed as a very large specialty store.
What is a category killer?A large retail chain superstore that dominates its product category and drives out less successful and highly specialised merchants is known as a category killer. Before the advent of e-commerce, which opened the door for a new breed of online category killers that not only focus on price but also on convenience and after-sales support, the original category killers proliferated during the 1980s and 1990s and generally excelled.
Category killers primarily gain their significant competitive advantage by offering a wider variety of goods than independent small businesses. Category killers can become cost-effective and sell their products at such low prices that other stores find it difficult to compete with them thanks to those merchandise numbers.
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Engineers for the Off Road Skateboard Company have determined that a 10% increase in all inputs will cause output to increase by 5%. Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases. A. total cost to decrease
B. average costs to decrease
C. average costs to increase
D. average fixed costs to increase
The option b, "average costs to decrease," is the one that corresponds to the given statement.
What does "average cost" mean?Average cost, also known as unit cost, in economics is calculated by dividing the total cost (TC) by the quantity of a good generated (the output Q): Average cost strongly influences how businesses decide to price their goods.
What are the total cost and average cost?The cost of the item is calculated by dividing the total cost of production by the total output. In other words, the median cost is the sum of the firm's total fixed and variable costs divided by the sum of the units it produces.
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Which of the following describes the cost of society having less pollution being offset by the benefits to society of the activity creating the pollution?
a. a. marginal cost of pollution
b. marginal cost of pollution abatement
c. optimum amount of pollution
d. indirect cost of pollution
The cost of society having less pollution being offset by the benefits to society of the activity creating the pollution are marginal cost of pollution abatement. Thus, option (b) is correct.
What is pollution?The term pollution refers to the unclean. Clean substances are involved in harmful chemicals. Pollution is a drawback to the environment. There are different types of pollution such as water, land, air, and noise pollution. Pollution is destroy the ecosystem and damage the living life of human.
The less pollution in the society are the more benefits. The crating the pollution the society are marginal cost of pollution abatement. The term is marginal cost of pollution is the additional environmental cost.
As a result, the significance of the pollution are the aforementioned. Therefore, option (b) is correct.
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The marginal benefit received for each gallon of gasoline consumed per week for Ang, Tony, and Gianna is provided in the accompanying table. On the same graph, plot each of their individual demand curves. Assuming these are the only people in the market, graph the market demand curve for gasoline.
The marginal benefit is the highest amount that an individual is willing to pay for a unit or units of good or service.
What is marginal benefit?
A consumer's utmost willingness to pay for an additional commodity or service is known as the marginal benefit.
It also refers to the additional pleasure or utility that a customer experiences after purchasing the extra commodity or service.
As a consumer consumes more of a good or service, their marginal benefit tends to drop.
The term "marginal revenue" is frequently used in the business world to describe the manufacturers' marginal gain.
Consumer surplus refers to the willingness of a consumer to pay more than the going rate for a commodity or service.
Any essential products, like medicine, do not lose some of their marginal benefits over time.
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Despite best efforts to ensure product safety, products that pose a danger to consumers sometimes reach the marketplace. At what point should marketers release information about a product’s safety to the public? How should marketers be held accountable if their product harms a consumer?
Answer:
It is important for marketers to release information about a product's safety to the public as soon as they become aware of any potential dangers. This allows consumers to make informed decisions about whether to continue using the product or to seek an alternative. Additionally, it is important for marketers to be transparent about any risks associated with their products in order to maintain consumer trust.
Marketers should be held accountable if their product harms a consumer by taking responsibility for the harm caused and compensating the affected parties. They should also take steps to prevent similar harm from occurring in the future. This can include recalling the product, offering refunds or replacement products, and implementing measures to improve product safety. Additionally, they may also be held legally liable and face penalties such as fines or penalties imposed by regulatory agencies.
Explanation:
1. On July 1, Salvatore, the owner invested $10,500 cash into the company.
The journal entry for the investment of $ 10, 500 by the owner, Salvatore, into the company, is:
Date Account Title Debit Credit
July 1 Cash $ 10, 500
Owner's Capital, Salvatore $ 10, 500
How to record investment by owners ?When an owner makes an investment into their company as was done by Salvatore in the question, the owner's capital account is to be credited to show that the capital account is increasing.
The account that would then be debited would be the cash account because the investment would increase the amount of cash that the company has. The debit is because the cash account is an asset account and they are debited when they increase.
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The rest of the question is:
Show the record of this transaction as a journal entry.
identify the country that is projected to contribute the most to global growth between 2006 and 2020.
Between 2006 and 2020, China is anticipated to contribute the greatest amount to global growth.
What is the world's growth?Growth is defined as the amount of change in each nation's GDP, or total value of products and services generated there, during the previous twelve months. Global Economic Policy. Global. Worldwide Monetary Fund (IMF). A rapidly expanding company expands internationally when it enters lucrative foreign markets.
Why do companies expand globally?Being able to offer a dependable service to their foreign clients is one of the reasons organizations grow internationally. A positive global reputation will draw in new clients. A business can acquire credibility and grow its name recognition by expanding abroad.
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The following are the trial balance and other information related to Soft Tech, a
consulting engineer.
Soft Tech, Consulting Engineer
Trial Balance
December 31, 2022
Debit Credit
Cash Br. 59,000
Accounts Receivable 99,200
Allowance for Doubtful Accounts Br. 1,500
Supplies 3,920
Prepaid Insurance 2,200
Equipment 50,000
Accumulated Depreciation—Equipment 12,500
Notes Payable 14,400
Share, Capital 104,020
Dividend 34,000
Service Revenue 200,000
Rent Expense 19,500
Salaries and Wages Expense 61,000
Utilities Expense 2,160
Office Expense 1,440
Br. 332,420 Br. 332,420
Other data:
1. Fees received in advance from clients Br.12,000.
2. Services performed for clients that were not recorded by December 31,
Br.9,800.
3. Bad debt expense for the year is Br.2,860.
4. Insurance expired during the year Br.960.
5. Equipment is being depreciated at 10% per year.
6. Fine Tech gave the bank a 90-day, 10% note for Br.14,400 on December 1,
2022.
7. Rent of the building is Br.1,500 per month. The rent for 2022 has been
paid, as has that for January 2023.
8. Salaries and wages earned but unpaid December 31, 2022, Br.5,020.
Instructions
a. From the trial balance and other information given, prepare annual
adjusting entries as of December 31, 2022.
b. Prepare the worksheet
c. Prepare an income statement for 2022, a statement of owner’s equity,
and a classified statement of financial position.
d. Maintain the necessary closing entry.
From the trial balance and other information given, the annual adjusting entries as of December 31, 2022 are prepared.
What are adjusting entries?Accounting journal entries made at the end of an accounting period after a trial balance has been prepared are referred to as adjusting entries. It enables us to allocate revenues and expenses to the fiscal period in which they occurred.
a. Adjusting Entries
1. Unearned Service Revenue:
Debit Service Revenue 12,000
Credit Unearned Service Revenue 12,000
2. Accrued Salaries and Wages:
Debit Salaries and Wages Expense 5,020
Credit Salaries Payable 5,020
3. Depreciation Expense:
Debit Depreciation Expense 5,000
Credit Accumulated Depreciation—Equipment 5,000
(Calculation: 50,000 x 10% = 5,000)
4. Supplies Expense:
Debit Supplies Expense 3,920
Credit Supplies 3,920
5. Insurance Expense:
Debit Insurance Expense 960
Credit Prepaid Insurance 960
6. Bad Debt Expense:
Debit Allowance for Doubtful Accounts 2,860
Credit Bad Debt Expense 2,860
7. Revenue Recognition:
Debit Unearned Service Revenue 9,800
Credit Service Revenue 9,800
b. Financial Statements
Income Statement for 2022
Service Revenue 209,800
Rent Expense 19,500
Salaries and Wages Expense 66,020
Utilities Expense 2,160
Office Expense 1,440
Depreciation Expense 5,000
Bad Debt Expense 2,860
Insurance Expense 960
Total Expenses 97,880
Net Income 112,920
Statement of Owner’s Equity
Capital, January 1, 2022 104,020
Net Income 112,920
Dividend 34,000
Capital, December 31, 2022 150,940
Classified Statement of Financial Position
Assets
Cash Br. 59,000
Accounts Receivable 99,200
Allowance for Doubtful Accounts Br. 4,360
Prepaid Insurance 1,240
Equipment 50,000
Accumulated Depreciation—Equipment 17,500
Total Assets 231,300
Liabilities
Notes Payable 14,400
Salaries Payable 5,020
Total Liabilities 19,420
Owners’ Equity
Capital 150,940
Total Liabilities and Owners’ Equity 231,300
d. Closing Entries
Debit Service Revenue 209,800
Credit Revenue 209,800
Debit Expense Accounts 97,880
Credit Income Summary 97,880
Debit Income Summary 112,920
Credit Capital 112,920
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You own Company X. When you started the company, you initially invested $12,000. You also borrowed $12,000 through a five-year (long-term) loan, of which you have paid back $2,018. You have retained $1,291 in earnings to be reinvested in the company, and you decided to put $1,000 of it aside for a long-term investment. The company owns land and a building worth $8,878 and equipment worth $4,230. As of today, the company has $8,250 in cash, $1,225 in inventory, and is due to receive accounts worth $675. However, the company owes its suppliers $485 and has a $500 loan to pay off in the next six months.
$37,369 - $11,967 = $25,402 in total assets
Therefore, Company X currently has a net value of $25,402.
What are borrowed funds?The activity of borrowing money from external sources like banks, financial institutions, or other lending organisations to finance the operations, investments, or expansion of a business or individual is known as debt financing and is also referred to as borrowing cash. Usually taking the form of loans or bonds, borrowed money is utilised as an alternative to equity financing. Usually, they come with interest and are paid back over time. In comparison to equity financing, borrowed money might be more flexible, but it also carries the risk of increased interest costs and significant damage to credit ratings.
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True or False : When higher-priced or technically complex business products are involved, business customers prefer to deal directly with producers rather than through intermediaries.
Suppose that an increasing number of traffic collisions observed on state roads lead the governor to implement the rule that all registered vehicles must be equipped with front and side airbags. These airbags reduce the probability of serious infury in a motor vehicle collision by
62%. The new airbags ______ the probability that a driver will be injured in a traffic collision, but also give motorists an incentive to drive more _____, which could potentially _______ the number of car accidents that occur on state roads.
Suppose that an increasing number of traffic collisions observed on state roads lead the governor to implement the rule that all registered vehicles must be equipped with front and side airbags. These airbags reduce the probability of serious injury in a motor vehicle collision by 62%. The new airbags decrease the probability that a driver will be injured in a traffic collision, but also give motorists an incentive to drive more increase, which could potentially increase the number of car accidents that occur on state roads.
A traffic light coalition generally can be defined as a regulation of traffic that formed in Rhineland-Palatinate following the 2016 Rhineland-Palatinate state election. The 2021 Rhineland-Palatinate state election marked the first time in German history that an outgoing traffic light coalition was replaced by a renewed traffic light coalition in a state election.
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auxiliary or peripheral activities that are performed to enhance the primary product or primary service is referred to as
Services for support. Support Services cover a wide range of tasks that businesses carry out to improve customer satisfaction and add value to their main goods or services.
Support Services are supplemental or ancillary tasks carried out to improve the main item or main service. They are crucial in assisting businesses in providing their clients with a thorough and top-notch experience. Customer service, technical support, training, maintenance, and upgrades are just a few of the many tasks that can be included in support services. By doing these things, you can make sure that the main product or service is running efficiently and effectively and that customers may take full use of it. Support Services can also give clients more value by assisting them in finding solutions to issues, responding to inquiries, and making better use of the good or service.
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cathy is on her way to a customer service call to repair a broken computer when she gets a flat tire. she changes the tire and immediately gets back on road but arrives 20 minutes late for the appointment. she apologies to the customer and thinks everything is okay, until later when her supervisor calls her into his office and says that the customer called and said cathy fixed the problem, but that they were disappointed she was late.
Cathy's manager illuminated her that the client called and communicated frustration about her appearance being 20 minutes late. Cathy had encountered a punctured tire while heading to the arrangement and transformed it prior to proceeding with her excursion.
Cathy was in route to fix a messed up PC for a client when she had a punctured tire. She replaced the tire rapidly and forged ahead with her way, yet she showed up 20 minutes late for the arrangement. In spite of saying 'sorry' to the client, the client actually called her manager and communicated their mistake about the postponement. This shows that being on time for arrangements is a significant calculate consumer loyalty. Regardless of whether the work is performed well, a postponement can in any case have an adverse consequence and harm the relationship with the client. Cathy discovered that it means a lot to bend over backward to show up on time, in order to not endanger the client experience.
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Which of the following is a poor example of a threat of an industry substitute in a five forces analysis?a. Cell phone as a substitute for a copy machineb. Rock climbing as a substitute for going to a moviec. Splenda as a substitute for sugard. Coca-Cola as a substitute for Pepsi
Rock climbing as a substitute for going to a movie is a poor example of a threat of an industry substitute in a five forces analysis
A given company sector's overall competitive environment is to be evaluated using Porter's Five Forces model. A significant element of market intensity is matched to each of the five forces. The presence of alternatives that can be employed in place of the primary good or service provided by an industry is referred to as the threat of substitutes in a five forces analysis.
In terms of features and capabilities, the replacement should be effectively comparable. Rock climbing would not be regarded as a threat of substitute in this approach because going to the movies and rock climbing are not comparable goods or services, and they are two totally different activities.
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(1 point) rework problem 25 from section 1.3 of your text, involving a drug marketing survey. assume that 175 surveys are completed. of those surveyed, 85 responded positively to effectiveness, 89 responded positively to side effects, and 80 responded positively to cost. also, 46 responded positively to both effectiveness and side effects, 39 to effectiveness and cost, 43 to side effects and cost, and 25 to none of the items. How many responded positively to all three?
The number of people who responded positively is -97. Since the answer is negative, it means that the number of people who responded positively to all three is 0.
To find the number of people who responded positively to all three, we need to subtract the number of people who responded positively to two or fewer items from the total number of people surveyed.
First, we need to find the number of people who responded positively to exactly two items:
Responded positively to effectiveness and side effects: 46
Responded positively to effectiveness and cost: 39
Responded positively to side effects and cost: 43
So, 46 + 39 + 43 = 128 people responded positively to exactly two items.
Next, we need to find the number of people who responded positively to exactly one item:
Responded positively to effectiveness: 85 - 46 = 39
Responded positively to side effects: 89 - 46 = 43
Responded positively to cost: 80 - 43 = 37
So, 39 + 43 + 37 = 119 people responded positively to exactly one item.
Finally, we subtract the number of people who responded positively to two or fewer items (128 + 119 + 25 = 272) from the total number of people surveyed (175):
175 - 272 = -97
Thus, the result is -97
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please describe your conversation with the following customer: i was in the wawa store on rte 66 in old bridge on wednesday evening. i am very annoyed at the service i received. the manager that was there, who was also the cashier, was very rude. i waited in line for 6 minutes, and when it was my turn to pay, he rudely walked away, and sent me to the next cashier. i asked to speak to his manager, at which time he cursed at me, and threw my items at me. i walked over to the second cashier who was starting to take customers and i asked whom the manager was. before he answered me, he shouted from the opposite side for me to get out of the store and not to return, while berating me in front of many other customers. he then ran to the register i was standing at and went to grab my bag from my hand. i pulled away and ran from the store, never to return. i think this behavior is outrageous and should not be tolerated. i will never return.
True . It is inappropriate to allow this behavior, which is ridiculous.
Examples of inappropriate behavior include disrespectful conduct, sexual harassment, harassment, bullying, and/or violence. Here are some examples of bad behavior: aggressive or belligerent conduct, such as cursing or yelling. insulting or spreading unfavorable rumors about someone. The Equality Act of 2010 forbids discrimination and harassment when a protected attribute is involved. avoidable physical contact Stalking. Unwelcome, relentless, rude, disparaging, or threatening behavior is referred to as harassment. Bullying is an ongoing pattern of disrespectful and abusive behavior that may, in some instances, also involve inappropriate physical behavior. hostile acts and violence. Speaking in an overly friendly and affectionate manner to strangers is impolite and socially inappropriate. making unwanted or forceful sexual advances in other sexualized circumstances
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refer to the above diagram. which of the following is a true statement? if society is initially at point c, it must sacrifice 7 units of bread to obtain one more unit of tractors. if society produces 2 units of tractors and 12 units of bread, it is not using its available resources with maximum efficiency. point b is superior to point c because it will help insure enough food for now and for the future. other things equal, the combination of outputs represented by point d will result in more rapid economic growth than will the combination represented by point c.
Point C is superior to point B because it is important to enhance the future of society Option (A)
A normative statement offers a value judgement regarding the desirability of a condition in several fields, including economics and philosophy. A descriptive statement (also known as a positive statement) describes the world as it is, whereas a normative statement discusses the world as it should be.
"The world would be a better place if the moon were made of green cheese," for example, is a normative statement since it communicates an opinion about what should be. The modal verbs "should", "would", "could", or "must" distinguish normative claims. Normative assertions are the foundation of normative economics.
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Full Question :Refer to the diagram. Which of the following is a normative statement?
a. Point C is superior to point B because it is important to enhance the future of society
b. If society is initially at point c, it must sacrifice 6 units of bread to obtain one more unit of tractors
c. If society produces 2 units of tractors and 12 units of bread, it is not using its available resources with maximum efficiency
d. Other things equal, the combination of outputs represented by point D will result in more rapid economic growth than will the combination represented by point C
According to economic advisor Walt Rostow, all countries go through four stages of economic development. What is the correct sequence of economic development stages? A.traditional, technological maturity, take-off, and high mass consumption
B.take-off, traditional, high mass consumption, and technological maturity
C.high mass consumption, technological maturity, take-off, and traditional
D.traditional, take-off, technological maturity, and high mass consumption
The proper order of economic development phases, Answer is D. Traditional, take-off, technological maturity, and high mass consumption
Which stages of economic development should be completed first?
The correct sequence of economic development stages is as follows:
1. Primitive or traditional stage: This is the earliest stage of economic development in which an economy is largely based on subsistence agriculture, barter exchange and use of primitive tools.
2. Pre-conditions for take-off stage: This is the stage in which the economy has achieved the necessary pre-requisites for industrialization such as technological advances, capital formation, and a well-developed infrastructure.
3. Take-off stage: During this stage, the economy experiences rapid economic growth due to the expansion of modern industries and the availability of resources.
4. Drive to maturity stage: This is the stage in which the economy begins to diversify and modernize its production structure. This is also the stage in which the economy begins to experience a steady growth in its GDP.
5. High mass consumption stage: This is the final stage in which the economy has achieved a high level of economic development and its citizens enjoy a high standard of living and mass consumption of goods and services.
In conclusion, the correct sequence of economic development stages is primitive or traditional, pre-conditions for take-off, take-off, drive to maturity, and high mass consumption.
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which of the following is not a true statement about inventoriable costs? answer they are all the costs of purchasing goods that are resold in their same form by a merchandising company. they are all costs in the income statement other than cost of goods sold. they are expensed as cost of goods sold only when the product is sold. they include indirect manufacturing costs.
Out of the following the statement c) They are expensed as cost of goods sold only when the product is sold is a false statement about inventoriable costs.
Inventoriable costs are all the costs of purchasing goods that are resold in the same form by a merchandising company. They include the costs of raw materials, direct labor, and manufacturing overhead. All of these costs are on the income statement, but they are only expensed as the cost of goods sold when the product is sold. This means that these costs are tracked as inventory until the product is actually sold.
Inventory is an asset, and it is tracked on the balance sheet as an asset. When the product is sold, the cost of the inventory is charged to the cost of goods sold. This is why the cost of goods sold is usually higher than the cost of the raw materials. It includes the labor, overhead, and other costs associated with producing the product.
Inventory is not expensed when it is purchased. Instead, it is tracked as an asset on the balance sheet. When the product is sold, the cost of the inventory is charged to the cost of goods sold, and this is why inventoriable costs are expensed only when the product is sold.
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which of the following is not a true statement about inventoriable costs?
a)they are all the costs of purchasing goods that are resold in the same form by a merchandising company.
b)they are all costs in the income statement other than the cost of goods sold.
c)they are expensed as the cost of goods sold only when the product is sold. d)they include indirect manufacturing costs.
When Radian6 listens to consumer conversations about which brands they like the best or the ones with which they have emotional connections, this demonstrates ________________ referral
a - affect
b - effect
c -cognitive
d - inept
e - evoked
Option b is the correct choice.
When radiant listens to customer talks about the companies they prefer or to which they feel an emotional connection, affect referral may be observed.
How does the term "Affect Referral" work?
By using affect reference, consumers commonly make purchases based solely on their memories of their prior emotions toward such businesses, omitting the need to consider and assess their options. As an effort-saving decision technique, affect referral is typically regarded to only sometimes take place when recalled emotion is the only factor influencing action. On the other hand, this argument emphasises the notion that affect referral is the rule rather than the exception. Referring to an effect denotes the logical human control mechanism.how internal knowledge is used in instances involving remembered brands while making decisions.
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Job order costing systems for companies that compete in, for example, the green building arena should reflect: only costs in dollars. only sustainability-related metrics. both costs of materials in dollars and sustainability-related metrics. neither costs of materials in dollars nor sustainability-related metrics.
Job order costing systems for companies that compete in, for example, the green building arena should reflect both costs of materials in dollars and sustainability-related metrics. Thus, option 3rd is correct.
What is Job order costing systems?Job costing is a type of accounting that monitors expenses and revenues by "work," allowing for consistent reporting of profitability per job. To enable job costing, an accounting system must allow job numbers to be allocated to individual costs and revenues.
Job order costing is a costing approach used to calculate the cost of producing each product. This pricing approach is typically used when a company creates a number of items that are distinct from one another and wants to assess the cost of performing a single operation. Hence, option 3rd is correct.
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