They typically include items like the hours that employees are expected to be at work, policies acceptable attire, payment schedules, and security concerns, in addition to rules for how things should be done within the company.
The way employees communicate with one another and with the organisation is governed by personnel policies. They set the tone for what it's like to work somewhere and safeguard both employees and the company. In order to achieve the goals of the organisation, the connection with employees is governed by principles and norms of behaviour that "formulate, redefine, break into specifics, and decide a number of acts."
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a company has 30 days in payables, 15 days in inventory, and 20 days sales outstanding. how many days are in the company's cash conversion period? a. 45 b. 65 c. 25 d. 5
When a company has 30 days in payables, 15 days in inventory, and 20 days sales outstanding it has 45 days in cash conversion period.
How does inventory work?Inventory refers to all the products, services, and supplies that a business keeps on hand with the intention of reselling them for a profit. Example: If a newspaper seller uses a vehicle to deliver newspapers to customers, just the newspaper will be recognized as inventory.
What are some essentials of inventory?The basic definition of inventory is the resources or "stuff" that your business has. These are in two varieties: tangible (i.e., goods and materials) and immaterial (e.g., software). Typically, when we refer to inventory, we simply mean all the items that the business has kept on hand for sale.
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The perceived value of benefits rises when employers introduce choice through a flexible benefits package. True/False
The perceived value of benefits rises when employers introduce choice through a flexible benefits package.
What is flexible benefits package ?Employers who offer choice through a flexible benefits package increase the perceived value of benefits.While employees are more concerned with cost when evaluating the competitiveness of benefits, senior management frequently places a greater emphasis on value.A benefits package that gives employees the option of a range of benefits, such as cash, life and health insurance, paid time off, retirement plans, and child care.A flexible benefits plan, also known as a full flex plan, is a kind of cafeteria plan benefit under Section 125 of the Internal Revenue Code that gives employees the option of receiving their pay as cash or as nontaxable benefits like life and health insurance, retirement plans, and child care.To learn more about flexible benefits package refer
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BlueBerry Inc., a candy manufacturing company in New York City, sells its products to customers through distributors and retailers. Which of the following comprehensive CRM packages will best assist the company in enhancing its collaboration with distributors and retailers?
The candy-making business BlueBerry Inc. is located in New York City. Through distributors and merchants, the business offers its goods to clients.
Which of the following statements best sums up operational CRM?A program for handling customer interactions that automates key corporate operations like marketing, sales, and customer care.
Supply chain execution systems control the movement of goods via warehouses and distribution hubs to guarantee the most effective delivery of goods to the intended locations.
Systems for supply chain planning give the business the ability to model its current supply chain, estimate product demand, and create the best sourcing and production strategies.
A company can connect consumer relationships and dialogues from social networking sites to CRM processes using social CRM systems, as opposed to keeping them in distinct "silos." The technologies aid businesses in speedier idea identification, increased team output, and more thorough client encounters.
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Which pricing approach for a restaurant would have the greatest risk of adverse selection due to buyers having private information?.
Offering a set price all-you-can-eat buffet.
The all-you-can-eat buffet-style service, also known by the older term of smorgasbord or the more modern names of salad or food bar, is still a well-liked substitute for full-service restaurant service. The "cheap" steakhouse franchises Ryan's and Golden Corral are not the only ones that practise it. Buffet services are also used at hotels and country clubs for Sunday brunch and business concepts like Sweet Tomatoes that emphasise salads. When determining a meal cost and a set price to charge, the operator faces a dilemma because consumers can eat as much and as anything as they choose. It is not, however, as uncertain and challenging as it may initially seem, as this article will explain.
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How will you determine which bank you will choose when you are ready to open a checking and savings account?.
Incentives within the type of earned interest or rewards could also be a key thought for selecting a bank account. Fixed charge checking accounts pay interest to the account holder, kind of like however interest is earned on a bank account.
The bank you select ought to meet your desires. If you’re entrepreneurial, you’ll desire a bank that may offer support as you build a business. If you’re making an attempt to save lots of more cash, explore for a bank that provides options to assist you reach your goals. Some banks, for instance, allow you to open and name separate savings accounts.
But you must choose ones that best fit your desires and supply a number of advantages. make certain to not compromise on the protection of your hard-earned cash, and so do thorough background checks before you park your hard-earning cash.
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the purpose of a marketing channel is to make products available at the right time at the right place in the right quantities.
a. true
b. false
The purpose of a marketing channel is to make products available at the right time at the right place in the right quantities. This statement is truth. Thus, option (a) is correct.
What is marketing?The practice of a business promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing.
According to the marketing strategy was the based on the marketing channel are the introduced the new product to the right time at the right place in the right quantities. There was the based to consumer needs and the preferences.
Therefore, option (a) is correct.
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which of the following firms is most likely to receive venture capital? question 35 options: a) book retailer b) virtual reality internet company c) laundromat d) convenience store e) local fast-food restaurant
Virtual reality Internet company is most likely to receive venture capital.
Startups and other firms with the potential for significant and quick growth are typically supported by venture capital (VC). To invest in potential businesses or even bigger venture funds, venture capital firms (VC firms) raise money from limited partners (LPs).
There are various animators, visual effects artists, and technicians on the VRC development team who have won or been nominated for Academy Awards. Jurassic World VR Expedition features a novel approach to VR and was written and directed by James Lima, a visual effects artist who has received multiple Emmy Award nominations.
For a five-minute thrilling, terrifying adventure to save the dinosaurs who were allowed to roam the island at the end of the 2015 Jurassic World movie, participants will be placed into the Jurassic World setting.
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a tqm team at narton corp has recorded the following average times for production: wait 3.0 days move 0.5 days inspection 0.4 days queue 9.3 days process 0.2 days what is the manufacturing cycle efficiency (mce)?
The percentage of production time that is spent on value-added activities is known as manufacturing cycle efficiency.
What is manufacturing cycle efficiency?Manufacturing cycle efficiency is a way to quantify the portion of production time that is spent on value-added tasks. With the help of this knowledge, a company can eliminate non-value-added activities, cutting costs and shortening the time needed to produce a good. Both outcomes can be used as competitive advantages because they allow a company to lower prices while still making good profits and provide customers with quicker turnaround times. Subtract the value-added production time from the total cycle time to arrive at the measurement. The total cycle time is the sum of all the process, inspection, queue, and move times. This analysis typically leads to the conclusion that the amount of process (value-added) time makes up a disproportionately small portion of the overall cycle time.
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advertising is the action of a firm that is intended to maintain the differentiation of its product over time.
Brand management is the action of a firm that is intended to maintain the differentiation of its product over time.
In advertising and marketing, brand management begins with an evaluation of how a logo is presently perceived in the marketplace, proceeds to plan how the emblem ought to be perceived if it's far to acquiring its goals, and keeps with ensuring that the brand is perceived as deliberate and secures its targets. growing a good courting with goal markets is important for brand management.
Tangible elements of brand management include the product itself, its look, price, and packaging, and so on. The intangible factors are the reviews that the target markets share with the brand, and additionally the relationships they have got with the brand. A brand manager would oversee all components of the consumer's brand association in addition to relationships with contributors of the delivery chain.
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which of the following means to procure inputs involves a formal relationship between the buyer and seller? multiple choice question. vertical integration a contract spot exchange
A formal connection between the buyer and seller is involved when using a contract to purchase inputs.
A good working connection might result in lower procurement costs since the supplier may favor your company once the relationship has been established and provide incentives to keep you as a client.
Transactional, functional, affiliative, and strategic connections are the four different kinds that buyers and sellers can have with one another. The four fundamental sales techniques employed by salespeople are script-based selling, needs-satisfaction selling, consultative selling, and selling to strategic partners.
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which of the following are true of order-getting? (check all that apply.) multiple select question. it is an entry-level position with a relatively low salary. it involves little more than having a strong network of contacts. it involves intimately knowing the product or service. it involves searching for potential buyers.
Statements that are true about order getting are-
c. It involves intimately knowing the product or service.
d. It involves searching for potential buyers.
Order getting- An order getter is a sales team member who is in charge of generating leads and convincing customers to buy. These salespeople look for new customers, contact potential leads, and use various persuasive techniques to persuade them to buy products.
Order takers rely on the customer to make their own purchasing decisions. Order takers get to know their customers and can help them make purchasing decisions. When it comes to selling, the majority of your time should be spent on establishing trust with your prospective buyer.
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The churches most common in suburban America tended most frequently celebrated which of the following cultural values? Economic individualism.
The churches most common in suburban America tended most frequently to celebrate Nonviolence and peacemaking.
Nonviolence is the private practice of not causing harm to others under any situation. it could come from the perception that hurting human beings, animals and/or the environment is unnecessary to obtain an final results and it can talk over with a standard philosophy of abstention from violence. it could be based totally on ethical, spiritual or spiritual principles, or the motives for it is able to be strategic or pragmatic.[1] Failure to differentiate between the 2 varieties of nonviolent procedures can cause distortion within the concept's meaning and effectiveness, that could eventually result in confusion among the audience.
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What are the 3 types of resources in resource management?.
The three styles of assets in aid control are People (Work Resources), Capital (Cost Resources) and Material Goods (Material assets).
The required details for Resource in given paragraph
Resource refers to all of the substances to be had in our surroundings which are technologically accessible, economically possible and culturally sustainable and assist us to fulfill our wishes and wants. Resources can extensively be labeled upon their availability — they may be labeled into renewable and non-renewable assets. They also can be labeled as real and capacity on the idea of the extent of improvement and use, on the idea of beginning they may be labeled as biotic and abiotic, and on the idea in their distribution, as ubiquitous and localized. An object will become a aid with time and developing technology. The advantages of aid usage might also additionally encompass accelerated wealth, right functioning of a system, or more advantageous well-being.
The idea of assets has been evolved throughout many hooked up regions of work, in economics, biology and ecology, pc science, control, and human assets for example - connected to the standards of competition, sustainability, conservation, and stewardship.
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are the exact words of an expert or of an interesting or notable person and are used to add spice and wit as well as authority to speeches.
Quotations are employed to add wit and authority to talks. They are the precise words of an authority figure, an intriguing or remarkable person, or both.
How do you define authority?the ability or right to direct, evaluate, or forbid another person's behavior. a position that demands such a right or authority. (often plural) an individual or group of persons with this status, such as an administration, police force, etc.
Which of the following three authorities exist?Power is the capacity to impose one's will despite opposition from others. Traditional, reasoned, and charismatic are the three categories of legitimate authority, according to Max Weber. Our right to life, liberty, & property can be safeguarded by the government.
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A decrease in the price of good Y will have what effect on the budget line on a normal X-Y graph?
A. Increase the vertical intercept
B. Decrease the horizontal intercept
C. Parallel outward shift of the line
D. Parallel inward shift of the line
A. Increase the vertical intercept.
What is budget line?It is a graphic representation of every potential pairing of two commodities that, given a consumer's income and price range, might be purchased, with the cost of each pairing being equal to the consumer's take-home pay.
The budget line displays all possible product pairings that a buyer, given his financial situation and the cost of the two commodities, could buy. The formula for a budget line is M=PX. QX+PY.
The price ratio between good 1 and excellent 2 determines the budget line's slope. This would be the x axis price of the good divided by the y axis price of the good. A budget line's slope is always negative because it slopes downward.
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an ideal economic situation for a central bank would be one of rates of unemployment, suggesting that output is high, coupled with rates of inflation, giving central banks more leeway to help mitigate recessions.
Low unemployment rates, which would suggest high output, and low inflation rates, which would offer central banks greater leeway to help prevent recessions, would be ideal economic conditions for a central bank.
What is a central bank?An organization that controls a state's or formal monetary union's commercial banking system and regulates its currency and monetary policy is known as a central bank, reserve bank, or monetary authority. A central bank has the exclusive right to expand the monetary base, unlike a commercial bank. A central bank is an independent national organization that manages banking regulations, implements monetary policy, and offers financial services.An ideal economic scenario for a central bank would be one with low unemployment rates, which would indicate high output, and low inflation rates, which would give central banks more flexibility to help prevent recessions.
Therefore, low unemployment rates, which would suggest high output, and low inflation rates, which would offer central banks greater leeway to help prevent recessions, would be ideal economic conditions for a central bank.
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Correct question:
An ideal economic situation for a central bank would be one of ___ the rates of unemployment, suggesting that output is high, coupled with ___ rates of inflation, giving central banks more leeway to help mitigate recessions.
As organization size increases, the likelihood that there will be a highly centralized HR department _________.
A. increases
B. decreases
C. stays about the same
D. none of the above
The chance of having a heavily centralized human resources department (a) rises with increasing organization size.
What is the meaning of human resource department (HR)?The division of a business organisation that handles employee hiring, management, and termination is known as human resource management, or HRM. HRM places a strong emphasis on the role that people play in a company, ensuring that best work practises are always followed.
The purpose of HRM procedures is to manage the workforce so that the organisation may fulfil its mission and uphold its culture. Successful HR managers may help with the recruitment of new hires who possess the skills required to promote corporate objectives as well as the training and development of current employees to help them reach objectives.
How does HRM work?Human resources management is carried out by devoted HR experts, who are in charge of carrying out day-to-day HR-related tasks. In most organisations, human resources will take up an entire department.
Each position within an HR department may differ greatly between diverse companies in terms of size, structure, and function. Smaller businesses frequently employ a limited number of HR generalists who are each responsible for a variety of HR tasks. More specialised positions may exist in larger companies, with particular employees in charge of duties including hiring, managing personnel, administering immigration and visas, offering benefits, paying salary, and more. Even while certain HR careers are distinct and specialised, job responsibilities can overlap.
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a financial adviser that recommends non-actively managed exchange traded funds (etf's) is most likely a proponent of which form of the efficient market theory?
According to the Efficient Market Hypothesis (EMH), the prices of investment securities like stocks already take into account all available information.
How does the ETF strategy work?
Exchange-traded funds are the best financial tools for new traders and investors since they have a variety of advantages. Dollar-cost averaging, asset allocation, trading strategies, industry rotation, short selling, trends, and hedging are a few ETF trading methods that are particularly good for beginners.
Exchange-traded funds (ETFs) are being used by more investors to create diversified portfolios. If you are aware of the risk/reward trade-offs, perhaps you should be as well. An ETF is a collection of securities, the shares of which are traded on a market.
Therefore, The liquidity of an ETF comes from two sources: the liquidity of the underlying shares and the liquidity of the fund itself.
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To overcome reception and availability problems, mobile telecom services firms have begun _____ that provide a "five bar" coverage in a roughly 5,000-square-foot footprint.
To overcome reception and availability problems, mobile telecom services firms have begun offering femtocells that provide a "five bar" coverage in a roughly 5,000-square-foot footprint.
A femtocell is a small, low-power cellular base station that is typically designed for use in a home or small business. Small cell is a more general term used in the industry, with femtocell as a subset.
Femtocells, also known as 'home base stations,' are cellular network access points that use residential DSL, optical fibers, or cable broadband connections to connect standard mobile devices to a mobile operator's network.
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As the economy weakens, one would expect investment in ____________ funds to increase and investment in _____________ funds to decrease, all else held constant.
money market mutual; equity
It would be predicted that if the economy deteriorates, investments in money market mutual funds would rise while those in equities funds would fall.
What are the money and Equity market ?People frequently invest in money market mutual funds because they are still seen as safe investments compared to equities funds whenever the economy is poor.
Loans in money market mutual funds typically have a very short maturity, like 90 days.
The proper terminology are therefore money market mutual and equity.
Unlike capital markets, which are used for long-term securities, money markets are used for short-term lending or borrowing; typically, the assets are held for one year or less. They affect the capital either directly or indirectly. The equity market and the debt market are examples of capital markets.
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Leroy's total employee compensation was $50,150 last year. His total job expenses for traveling and for professional developement for the year were $3,500. Which of the following represents his total job benefits
Leroy's total employment compensation is $46,650. To get this his total expenses for traveling and professional development for the year would be subtracted from his total job benefits.
Total job benefits = $50,150
Total job expenses = $3,500
Calculating the total employment compensation:
To get total employment compensation,
Subtract total job expenses from total benefits i.e.,
Total employment compensation = Total job benefits - Total job expenses
⇒$50,150 - $3,500
⇒$46,650
Therefore, his total employment compensation is $46,650.
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Business Models Matter, Ann Miura-Ko
- Business models will enable you to understand exactly what your assumptions are
- If dollars in are not greater than dollars out you need to rethink business model
- The combination of elements leads to "dollars in" being greater than "dollars out" or not
Business Models Matter, Ann Miura-Ko: At the seed stage, it's the business model that matters, not the business plan. Business models will allow you to understand exactly what your assumptions are. If the dollars in are not greater than the dollars out, you need to rethink your business model.
The phrase "business model" describes a company's strategy for turning a profit. It lists the goods or services the company intends to offer, its chosen target clientele, and any budgeted costs. For both new and existing firms, business models are crucial.
Before defining the clients for whom the problem will be handled, specify the issue you plan to address. Identify the client and the issue next. Define a range of potential answers after that. Define a range of potential monetization options for that solution, put them to the test, and then select your business model.
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the marginal private benefit is the:total extra benefit society gains from the consumption of an extra unit of a good.addition to the satisfaction a buyer receives from the total quantity of a product consumed.extra benefit that goes to bystanders for each additional unit of a good consumed by others.extra benefit enjoyed by the buyer of one extra unit of a good or service.
The marginal private benefit is the d) extra benefit enjoyed by the buyer of one extra unit of a good or service.
In the field of business, such a benefit that a particular buyer has just because he has purchased one extra unit of a specific product or service is referred to as marginal private benefit.
Marginal private benefit is a kind of luxury for buyers who have enough revenue to buy an extra unit for a particular good or service.
Through marginal private benefit, people who can afford to buy more are able to buy a specific luxury for themselves. On the other hand, the owner of the product or service is able to generate more revenue from them.
The question can be written correctly as:
The marginal private benefit is the:
a) total extra benefit society gains from the consumption of an extra unit of a good.
b) addition to the satisfaction a buyer receives from the total quantity of a product consumed.
c) extra benefit that goes to bystanders for each additional unit of a good consumed by others.
d) extra benefit enjoyed by the buyer of one extra unit of a good or service.
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What are 2 ways investors can make money?.
Either by paying out income or by increasing in value to other investors, an investment can generate income. Income is received in the form of interest payments for bonds or dividends for stocks, depending on the asset.
What is meant by investment?The act of investing entails using money now in the hopes that it will appreciate over time. In order to make an investment, one must put capital to use, such as time, money, effort, etc., with the expectation that the investment will eventually yield a larger return than what was first invested. An asset that is bought as an investment is one that is done so with the hope of making money, making a profit, or seeing a price increase. A return is what you get in exchange for your investment. The correlation between risk and return is direct, i.e., the riskier the investment, the greater the potential reward. An asset or object that is accumulated with the intention of bringing in money or recognition is referred to as an investment.To learn more about investment, refer to:
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What are the 3 stages of a bill?.
If the bill is passed, it must go through First Reading, Committee, Second Reading, and Third Reading.
What is a bill?A bill is a written statement that states how much money you owe for goods or services. They couldn't pay their bills.The most important function of the United States House of Representatives is to pass legislation. In the United States, all laws start as bills. A bill must be approved by the US House of Representatives, the US Senate, and the President before it can become law. Let us trace the passage of a bill into law.The final bill is sent to the President after the conference report is approved by both the House and the Senate. If the President should sign the bill, it becomes law. If the President does not act for ten days while Congress is in session, the bill will become law.To learn more about bill refer to :
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To pay for the new car, you've decided to start a bakery business out of your home kitchen. You have limited capital and capacity, so you need to make wise decisions about which products to bake each day. Go to the Bakery Business worksheet. Cell B1 uses a SUMPRODUCT formula to calculate profit. Carefully review the assumptions and formulas in this worksheet before entering the following Solver parameters:
Find the maximum possible profit (cell B1) by changing the values in cells C7:C10.
The working hours required (B3) must be less than or equal to the number of working hours in the day (D3).
The total cost of ingredients (B4) must be less than or equal to the available capital (D4).
For each item in the range C7:C10, the number of items baked cannot exceed the maximum capacity available per day as defined in cells F7:F10. This restriction requires four separate constraints in the Solver Parameters dialog.
The items in the variable cell range C7:C10 must be whole numbers.
There should be a total of seven constraints.
Run Solver and accept the Solver solution.
Optimal number to make each day
Birthday Cake 1
Cupcakes (dozen) 4
Cookies, Shortbread (dozen) 0
Cookies, Lemon Bars (dozen) 5
Optimal profit $ 182.75.
most appropriate, Inc. or OptimalSocial, is a social media advertising era corporation that changed into obtained by way of brand Networks in October, 2013, for $35 million. The agency become offered with the aid of fb the Grand Prize for innovation in its fb preferred advertising and marketing Developer Innovation contest on October 9, 2013, from amongst over 60 businesses getting into. choicest, Inc. modified its call from XA.internet, Inc. in 2012. at the identical time, it named Mike Greenfield to its advisory board.
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The concentration ratio measures the Relative size of a firm compared to other industries. Percentage of total profits made by a firm in a specific market. Number of plants owned by an oligopoly. Proportion of total output produced by the largest firms in a specific market.
The concentration ratio measures the Proportion of total output produced by the largest firms in a specific market.
The concentration ratio is a ratio that shows how big a firm is in comparison to the entire industry. In contrast to one with a ratio close to 100%, which would be obvious in an industry defined by a true monopoly, one with a low concentration ratio would indicate stronger rivalry among the enterprises in that industry. The market share percentages owned by the biggest specified number of firms in an industry are added to determine the concentration ratio. The concentration ratio, which goes from 0% to 100%, provides information about how competitive a given industry is. A concentration ratio between 0% and 50% may signify perfect competition in the sector and is regarded as low concentration. As a general rule, an oligopoly is present when the top five market players account for more than 60% of all market sales. When a single company's concentration ratio equals 100%, the market is said to be monopolised.
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Which of the following is applied in determining the liability of a partnership and of the other partners for the torts of a partner and other partnership employees?
Respondeat superior
When assessing who is responsible for a partnership and its other partners for the wrongdoings of a partner and other partnership employees, respondeat superior is used.
What is respondeat superior?
According to the doctrine of respondeat superior, a party is liable for the actions of its agents. For instance, there are situations in which an employer is accountable for actions taken by workers while they were working for them in the United States.Respondeat superior, which literally translates as "let the master answer," is one form of vicarious liability. When respondeat superior is in effect, an employer is responsible for any negligent acts or omissions committed by an employee while acting within the course and scope of employment.Read more about respondeat superior
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savings accounts and money market accounts are most appropriate for: long term investments. earning a high rate of return. emergency and short-term needs. none of these.
Savings accounts and money market accounts are most appropriate for emergency and short-term needs.
In the field of economics, a market is a collection of structures that allow for the exchange of goods and services between parties. The majority of markets rely on sellers providing their goods or services to buyers in exchange for money, although parties may exchange goods and services by barter.
It is possible to define a market as the mechanism by which the costs of goods and services are decided. Markets allow for the distribution and allocation of resources in a society as well as the facilitation of trade. Any tradable good can be assessed and valued in a market.
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What are the similarities and differences in the economic effects of tariffs and quotas?.
A quota is a limit set by the government on the amount of goods produced abroad and sold domestically. Tariffs lead to the generation of national income and thus to an increase in GDP.
Unlike quotas, it has no effect because it imposes the number of items, not the quantity. The fundamental difference between the economic impact of tariffs and quotas is that tariffs are more likely to generate revenue for the government. Both tariffs and quotas are forms of government regulation designed to protect international trade with other countries. Tariffs are introduced by governments to protect international trade by maintaining tax rates on trade.
Quotas are set by governments by maintaining quantities of traded goods. These regulations affect domestic importers or exporters. Quotas are like tariffs. In fact, they can be represented by the same diagram. The main difference is that tariffs work through price whereas quotas limit quantity. Quotas are therefore quantitative restrictions imposed by imports.
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