Economists use the distinction between private and public goods to determine what projects and activities should be undertaken by the government.
In the economy, there are different types of goods among which, public goods are goods which are produced by the government or by nature for the welfare of the people without any cost. On the other hand, private goods are the ones manufactured and sold by private companies to earn a profit.
Economists use this distinction between different goods to allow the government to decide which goods are considered public goods so that the government can channel the funds in order to provide the public goods to the economy.
Hence, both public and private goods have their own importance in the economy.
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Joyce would like to start working on a flexible schedule. which is an option would joyce not discuss with her employer?
If Joyce would like to start working on a flexible schedule. The option that joyce would not discuss with her employer is: sabbatical.
What is flexible schedule?Flexible schedule can be defined as the way in a worker or an employee work using a work schedule that is convenience for them.
Most employer of labor enables a worker to make use of flexible schedule as this can sometimes help to increase a work performance or productivity at work place.
Hence, the option that joyce would not discuss with her employer is: sabbatical which inturn means that she cannot discuss leave or sabbatical leave with her employer based on the fact that her work is flexible.
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Answer:
If Joyce would like to start working on a flexible schedule. The option that Joyce would not discuss with her employer is: sabbatical.
Explanation:
The text suggests that both employers and job applicants struggle with the hiring process because:____
The text suggests that both employers and job applicants struggle with the hiring process because: the hiring procedure used by an employer frequently differs from the hiring process used by applicants.
Hiring process :
Personality tests are becoming an increasingly common requirement for job applicants. Employers frequently use industrial/organizational psychologists, who study behavior in the workplace, to assist in choosing personality tests to aid in staff selection because there are numerous personality tests available and each assesses something different. Industrial/organizational psychologists may decide to have candidates take the Myers-Briggs test, which assesses personality qualities important for leadership and teamwork, depending on the specific demands of an enterprise. Alternately, they could administer the Minnesota Multiphasic Personality Inventory, which gauges a person's propensity for psychopathology and substance misuse. Various other traits, including mental processes, sociability, motivation, self-awareness, emotional intelligence, stress management, dependability, and work style are examined by other personality tests. Some professionals think personality tests are used and interpreted excessively.
Others contend that personality assessments are crucial to the recruiting process because they can determine how well a candidate "fits" the job description. When recruiting a salesperson, for instance, a corporation may compile a list of the personality qualities of effective salespeople and compare test results of applicants to that benchmark. Many businesses that have employed personality tests have seen a decline in turnover and absenteeism, which translates into significant financial benefits for the business. Other businesses have seen improvements in consumer and employee satisfaction, as well as declines in theft and absenteeism. Nowadays, personality assessments are utilized in the hiring process to reduce the number of candidates to interview.
Employers must swiftly go through a deluge of applications due to the popularity of online job ads, and personality tests provide a quick way for them to focus on candidates who might be a good "match." How should you answer test questions, then, to ensure that you land the job? Although the best answers differ depending on the job and the firm, experts advise against lying on personality tests because they often have sophisticated systems in place to detect deception. According to management expert Luis Valdes, "There is an ideal level for each given character quality, like independence. Most individuals aren't so extreme, so if someone looks to be, it shows they've tried to address all the issues.
Different personality assessments gauge the various actions of job applicants. In order to aid in hiring new employees, industrial or organizational psychologists can advise on the best personality tests to use. Most industrial or organizational psychologists use the Myers-Briggs test for the hiring process out of all the available personality tests.The leadership and teamwork-related personality qualities are assessed using the Myers-Briggs test. The Minnesota Multiphasic Personality Inventory, which assesses applicants' propensity for substance addiction and psychopathology, is one of the additional personality tests that are frequently used in the hiring process.In addition to the aforementioned roles, personality tests also assess traits including reliability, friendliness, mental process, self-awareness, motivation, emotional intelligence, and work style.Although these exams are overused and overinterpreted, it is nevertheless thought that they are crucial for the employment process.Because objective personality tests can forecast how well a job candidate fits the relevant job profile, employers utilize both interviews and them when determining who to hire. Once a candidate passes a series of personality assessments, it is determined whether or not they are a good fit for the position.A personality test compared to a standard also reduces attrition, theft, and absenteeism while increasing employee satisfaction, customer loyalty, and financial savings for the business. Setting up a set standard for personality tests also reduces the pool of candidates for interviews, improving the interviewing process's quality and resulting in the best candidate being chosen.Learn more about hiring process here brainly.com/question/16144730
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The other individuals present in the particular situation are referred to as the?
The other individuals present in the particular situation are referred to as the social surroundings.
Family structure is an example of a social environment. The social environment consists of the customs and traditions of the society in which the company exists. It includes the living standards, tastes, preferences, and educational levels of people living in the business community.
The social environment consists of perceptions of neighborhood, security, crime, traffic, social cohesion, social norms, car use, and so on. Neighborhood perceptions can affect both children and parents.
A well-designed social environment fosters positive peer relationships, creates positive interactions between adults and children, and provides opportunities for adults to help children achieve social goals. increase.
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What is the term structure of interest rates, and how is it related to the yield curve?
The term structure of interest rates refers to the link between bond yields or interest rates and different terms or maturities. The term structure of interest rates is referred to as a yield curve when it is graphed, and it is extremely important in determining the state of an economy at any one time.
Generally speaking, the term structure of interest rates is a useful indicator of expectations for future economic growth. A substantially positive normal curve is a hint that investors expect future inflation to be high and robust economic growth. Three opposing theories have garnered the most interest throughout history.
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When services are provided on account, what is the effect on stockholders' equity?
The company's stockholders' equity also increases.
Who is called as stakeholder?A stakeholder is a party with an interest in a business who has the potential to influence or be affected by that firm. Investors, employees, customers, and suppliers make up the majority of the stakeholders in a typical firm affected by that firm.
The company's resources (assets) grow when it is promised cash. Accounts receivable is the term used to describe this promise of payment majority of the stakeholders . Due to management's provision of services to clients, accounts receivable have been formed.
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The conflict between owners employees suppliers and customers of a company is known as?
The conflict between owners employees suppliers and customers of a company is known as conflict of interests.
How do you resolve conflict of interest in the workplace?Every organization should strive to create an ethical and trusting culture by setting the right tone at the top. The tone at the top should include clear messaging on how to manage a conflict of interest, making everyone in your organization aware of this type of corruption.
Communicate with the other person.Concentrate on behavior and events rather than people.Pay close attention.Determine areas of agreement and disagreement.Determine the areas of contention.Create a strategy for resolving each conflict.Stick to your game plan.Expand on your success.To learn more about conflict of interest from the given link
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When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a ______________ estimate, because you do not want to underestimate expenses.
When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a liberal estimate, because you do not want to underestimate expenses.
The expense budget shows the revenue and capital payments of various departments or ministries and presents the estimates in respect of each under plan and non-plan. In this budget, expenses mostly include operating expenses, like utilities, rent, payroll, and advertising.
One should not underestimate expenses, so in that case it is recommended that to use a liberal estimate, when drafting an expense budget and when estimating an overhead expenses.
Hence, the answer is given and explained above.
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A company can increase its growth rate by taking goods or services developed at home and selling them internationally. the returns from such a strategy are likely to be greater if?
A company can increase its growth rate by taking goods or services developed at home and selling them internationally. the returns from such a strategy are likely to be greater if competitors in the nations where a company enters lack comparable products.
What is Growth rate?Growth rates are the percentage changes in a given variable over a certain period of time. Growth rates are often calculated as the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro terms like gross domestic product (GDP) and retail sales for investors.What kind of growth rate is that?A growth rate that is negative indicates a decline in value. For instance, there were 11.9 million fewer manufacturing employment in the US in 2012 than there were in 2002, a -22.2 percent growth rate. A quantity's growth rate over a single year is called an annual growth rate.Learn more about growth rate here:
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What should you do if you have one main point that is three times longer than the other two main points combined?
You must don't forget to make it the subject of your speech, and make your assisting factors your new major points. create a definition along with your major factors at the primary degree and supporting points at the second stage.
The “rule of 3” is based totally on the principle that matters that are available in threes are inherently funnier, extra pleasurable, or greater powerful than another quantity. while utilized in words, both via speech or text, the reader or audience is much more likely to consume the records if it's miles written in threes.
The 3 major factors of a speech:
Speeches are prepared into 3 important components: advent, body, and end.introduction. The introduction of the speech establishes the first, critical contact among the speaker and the target market. body. in the body, the less the primary factors the higher.end.
Maximum speeches have to have to four major factors. a. college students do now not have time in study room speeches to expand more than four predominant factors.
An instance of speech is a communication among two people. An instance of speech is the presidential cope with. (uncountable) The school of uttering articulate sounds or phrases; the capability to talk or to use vocalizations to speak. It turned into tough to pay attention the sounds of his speech over the noise.
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According to the information presented in this video, a company's decision to introduce a new product is an example of _____ decision making.
According to the information presented in this video, a company's decision to introduce a new product is an example of unstructured decision-making.
Unstructured decision-making is decision-making that requires decision-makers to provide insight into judgment, evaluation, and problem definition. In contrast, structured decisions are repetitive, routine, and can be efficiently processed by decision-makers by following specific steps.
A class of unstructured decision problems is considered. Unstructured problems are problems with mostly qualitative parameters whose quantitative dependencies are unknown.
These decisions require judgment, evaluation, and insight to solve the problem. Unstructured means “decision-making processes that have not yet been encountered in the same format and that do not have a clear ordered set of responses within the organization”.
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The situation or context is critical to the speech communication process true or false
The situation or context is critical to the speech communication process is True.
A variety of models are employed to illustrate the public speaking process. To make it easier to comprehend the many parts and how they operate together, several academics have sought to provide a visual image or depiction of the communication process. Do not be alarmed by the tiny variations in terminology among writers, books, and models. You'll discover in this chapter that communication is a universal process, despite modest differences in language and models. The majority of those who research speech communication processes concur that almost all speech has a number of essential elements. In this book, we have chosen to refer to these parts by the terminology below:
SpeakerListener(s)MessageChannelContextInterferenceFeedback.Learn more about Speech communication process here:
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Purchasing a copy of a popular app for your smartphone means that you have purchased only a copyright to install and use the software.
a. True
b. False
False Purchasing a copy of a popular app for your smartphone means that you have purchased only copyright to install and use the software.
What is copyright?A copyright is a type of intellectual property that grants the owner the exclusive right to copy, distribute, adapt, display, and perform a creative work for a specific period of time. The creative work could be literary, artistic, educational, or musical in nature.
Copyright, a type of intellectual property law, protects original works of authorship such as poetry, novels, movies, songs, computer software, and architecture.
The owner sells his or her ownership rights to another party in a copyright assignment and has no control over how the third party uses those rights. A copyright assignment is also known as a copyright sales agreement.
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As capital investments flow from high wage core countries to low wage periphery regions, _______________________ shifts take place in both
Cheap labor and raw materials.
Margin generally occur when there is a capacity to produce more with cheap labor and enough raw material for the production.
In comparison to the developing countries, the capital investments flow from high wage core countries to low wage periphery regions. Wage employment is far less than the daily wage earners.
Labor changes occur in both the kind of wage rate and employment. Shifts take in case both high to low and low to high variations to maintain stability both between the production procedure, employment and labor ratio . All depends on the situation of the economy in a country.
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What factors are used in the rule-of-thumb methods to determine the communication budget?.
Rule of thumb methods use two factors to determine the communication budget. These factors are prior sales and communication activities. These methods have several limitations but they are also easy to implement.
What are prior-sales activities?
These activities are also called the pre-sales activities and they are the ones which are performed before any product is sold to the customer. These activities include product research, market research, analysis of data and customer proposals etc…communication activities mainly include training the salesperson in a way that he can easily persuade the customer and explain the product content nicely. These activities can be of verbal and non-verbal kind. Example: sales pitch, e-mails, calls etc.To learn more about Rule-of-thumb visit: https://brainly.com/question/607952?
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Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through?
If Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through: Sponsorship .
What is sponsorship?Sponsorship can be defined as the process of assisting a company or organization with money or cash. On the other hand sponsorship can be defined as the way in which a company sponsor another company because of the benefit they will derived from the sponsorship
The best next of action to take if Intel wants to become associated with the up-and-comping world of esports. Intel can form this bond most effectively through Sponsorship.
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The weak form of the emh states that ________ must be reflected in the current stock price.
The weak form of the EMH states that (A) all past information, including security price and volume data must be reflected in the current stock price.
What is EMH?The efficient market hypothesis (EMH), often known as the efficient market theory, asserts that share prices represent all information and therefore persistent alpha production is impossible.Equities, according to the EMH, always trade at their fair value on exchanges, making it impossible for investors to buy cheap stocks or sell for overpriced prices. According to the weak form of the EMH, all previous information, including security price and volume data, must be represented in the current stock price.As a result, outperforming the entire market through skilled stock selection or market timing should be impossible, and the only way an investor can earn larger returns is by selecting riskier stocks.Therefore, the weak form of the EMH states that (A) all past information, including security price and volume data must be reflected in the current stock price.
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The complete question is given below:
The weak form of the EMH states that ________ must be reflected in the current stock price.
A. all past information, including security price and volume data
B. all publicly available information
C. all information, including inside information
D. all costless information
He proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be?
The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be option (d) i.e, Dr. Office Equipment 975 Cr. Accounts Payable 975.
A journal entry is an act of recording any transaction, whether one is economic or not. An accounting diary that displays the debit and credit balances of a corporation lists transactions. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.
Purchase of machinery by a nation, where the cash account will be credited and the machinery account debited, is an example of a journal entry.
To maintain the balance of the accounting equation (Assets = Liabilities + Shareholders' Equity), the debits and credits in each journal entry must be equal.
All other financial reports are built on journal entries. They offer crucial data that auditors use to assess how financial transactions affect a corporation. The general ledger is then updated with the journalized entries.
The complete question is:
The proper journal entry to purchase a computer costing $975 on account to be utilized within the business would be
a) Dr. Office Equipment 975 Cr. Accounts Receivable 975
b) Dr. Office Supplies 975 Cr. Accounts Payable 975
c) Dr. Office Supplies 975 Cr. Accounts Receivable 975
d) Dr. Office Equipment 975 Cr. Accounts Payable 975
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Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through.
Once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
What is tactical planning?Tactical planning is a method that aids in the creation of short-term and distinct plans that aid in the fulfillment of a business's, organization's, or individual's long-term plans. Strategic planning assists businesses in determining and laying out a long-term plan based on corporate objectives.There are several components to tactical planning. For example, breaking down organizational goals that are longer than two or three years, and establishing a goal-oriented calendar with short-term targets, such as a target for the next three months or six months.Therefore, once this planning has been completed, middle management would be responsible for implementing these plans through (B) tactical planning.
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The complete question is given below:
Uber’s expansion on the innovation front requires strategic planning by senior management. Once this planning has been completed, middle management would be responsible for implementing these plans through
Multiple Choice:
(A) operational planning.
(B) tactical planning.
(C) operating.
(D) strategic control.
(E) action plans.
The revocation or suspension of a principal broker’s license will cause all licenses associated with the principal broker to become?
All the other licenses associated with the principal broker will become inactive.
A revocation is the termination or annulment of a declaration or agreement. Revocation in the context of contracts may refer to the offeror cancelling an offer.
The revocation or suspension of a principal broker's license instantly renders inactive any license provided to any individual by virtue of affiliation with the revoked or suspended principle broker's license, pending a change of principal broker and the granting of a new license. If awarded during the same year as the original license, the replacement license will be provided free of charge.
Therefore, the it will make other license inactive.
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The sample you have selected for your testing is not representative of the population as a whole. this is known as__________
The sample you have selected for your testing is not representative of the population as a whole. this is known as Sampling Risk.
The risk of sampling occurs when there is a chance that the things chosen for a sample are not actually representative of the group being examined. This is a significant problem because an auditor cannot investigate the entire population because of time constraints; instead, they must rely on a sample.
One inaccuracy that might result from sampling risk is that the auditor incorrectly believes that the population has fewer issues than anticipated, which can result in a flawed audit judgment.
Or, the auditor can incorrectly assume that there are more issues than anticipated and waste time increasing the sample size to determine if this is the case.
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What are the common business problems addressed by big data analytics? in the era of big data, are we about to witness the end of data warehousing? why?
The common business problems addressed by big data analytics are as follows:
Business analytics solution fails to provide new or timely insights: The insights provided by new system are of the same level and quality as the ones one had before.
Inaccurate analytics: There is nothing worse for a business than the inaccurate analytics and this issue is always addressed as soon as possible.
Using data analytics is very complicated: If using data analytics becomes too complicated, one may find it difficult to extract value from the big data.
Long response time of system: The system takes too much time to analyze the data even the input data of the data analytics is already available, and the report is needed at this time.
Expensive maintenance : Any big data system requires ongoing investment in its maintenance and infrastructure.
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The ______model describes how financial difficulties are associated with parents’ depressed moods, which can cause problems with their children’s adjustment.
The Family street model describes how financial difficulties are associated with parents’ depressed moods, which can cause problems with their children’s adjustment.
The Family is a group of persons united by the ties of marriage, blood, or adoption, constituting a single household and interacting with each other. Family means having someone to love you unconditionally in spite of you and your shortcomings.
Family is the single most important influence in a child's life. From their first moments of life, children depend on parents and family to protect them and provide for their needs. Parents and family form a child's first relationships.
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Up to a third of all young black men are either incarcerated in the corrections system or on probation or parole. what most accounts for this over-representation?
The most accounts for this over-representation is National "get tough" policies on drug users.
Drugs are chemical substances that, when consumed, cause changes in the physiology or psychology of living organisms. Pharmaceuticals are generally distinguished from foods or substances that provide nutritional supplements.
Substances (other than food) are used to prevent, diagnose, treat or alleviate symptoms of disease or abnormal conditions. Drugs can also affect how the brain and other parts of the bodywork, causing changes in mood, awareness, thoughts, feelings, or behavior.
A drug is defined as a drug or addictive substance. An example of a drug is an antibiotic. An example of a drug is marijuana.
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The failure to record which transaction has no effect on the quality of inventory?
Do not record transactions that do not affect inventory quality. A recorded inventory transaction has actually taken place.
Records of inventory purchases made during the accounting period. The purchase account is increased by direct debit. The manufacturing costs of the goods sold are overestimated by the same amount. An overstatement of cost of goods sold will result in an understatement of net income and retained earnings by the original margin of error.
If the auditor is dissatisfied with the accuracy of the closing balance sheet and may be materially increase.
Inventory write-downs affect both the income statement and the balance sheet. Write-offs are treated as expenses. This means your net income and tax liability will be reduced. Therefore, a decrease in net income will reduce a company's retained earnings and reduce shareholders' equity on the balance sheet.
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Suppose a bank has checkable deposits of $100,000 and the required reserve ratio is 20 percent. if the bank currently has $100,000 in reserves, it could lend out as much as:______.
Suppose a bank has check able deposits of $100,000 and the required reserve ratio is 20 percent. if the bank currently has $100,000 in reserves, it could lend out as much as $80,000.
A reserve requirement is a rule established by the central bank that specifies the minimal amount of liquid assets that a commercial bank must retain.
The central bank often determines this minimum amount, also known as the commercial bank's reserve, based on a predetermined percentage of the bank's deposit liabilities.
The reserve ratio is a typical name for this rate. Although there are many definitions, the cash held by the commercial bank and physically kept in the bank vault (vault cash) as well as the amount of the bank's balance in that bank's account with the central bank typically make up the commercial bank's reserves.
A bank is free to keep excess reserves—a.k.a. reserves—in reserve amounts above this minimal need.
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List the environmental forces from the least to the most difficult to analyze based on the accessibility and subjectivity of the data.
Environmental forces from the least to the most difficult to analyze based on the accessibility and subjectivity of the data are:
Basic needs potential, financial and economic forces, political and legal forces, cultural forces, competitive forces.
First Screening is done of basic needs potential : The basic need potential of some goods is influenced by various physical forces, such as climate, topography and natural resources.
Second Screening is done of financial and economic forces : After the initial screening a second screening is based on financial and economic forces.
Third Screening is done of political and legal forces: The elements of political screening are the barriers to entry-import/export barrier etc.
Fourth Screening is done of cultural forces. Screening of the remaining candidates based on cultural factors is next and is a difficult process.
Fifth Screening is done of competitive Forces: In this screening, markets on the basis of competitive forces are examined such as the number, financial strength and size of the competitors
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The better-off test for evaluating whether a particular diversification move is likely to generate added value for shareholders involves assessing whether the move will:______.
The better-off test for evaluating whether a particular diversification move is likely to generate added value for shareholders involves assessing whether the move will make the company better off because it will produce a greater number of core competencies. This is further explained below.
What are shareholders?Generally, A person, company, or institution that owns shares in a company's stock is considered to be a shareholder in that company. A shareholder in a firm might own as little as one of the company's shares. Shareholders are considered residual claimants on a company's earnings, and as such, they may be entitled to capital gains (or losses) and/or dividend payments.
In conclusion, Assessing whether a specific diversification move is likely to create more value for shareholders requires determining whether or not the move will make the firm better off since it will develop a higher number of core competencies. This is known as the better-off test.
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Fiberone cereal costs about the same as apple jacks, boo berry, multigrain cheerios, cinnamon toast crunch, crispix, and corn flakes. this is an example of _______ pricing.
Fiber one cereal costs about the same as apple jacks, boo berry, multigrain cheerios, cinnamon toast crunch, Crispix, and corn flakes. this is an example of status quo pricing.
In status quo pricing, you choose to sell your product at a set price that everyone else is selling their product to.
An oft-cited example of status quo pricing is the soft drink industry. Prices for bottles of soda tend to be fairly constant, whether it's a Coca-Cola product or a Pepsi product. and Pepsi typically represents the status quo when it comes to pricing.
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Inventory shrinkage can be determined by comparing the?
Inventory shrinkage can be determined by comparing the information from perpetual inventory system to the physical count. Beginning Inventory plus purchases minus cost of goods sold to the actual inventory balance from a physical count.
A perpetual inventory system, as opposed to a physical inventory, is a program that continuously assesses your inventory based on your electronic records. This approach starts with a physical count as a baseline and updates based on receipt of purchases and shipment of goods.
Perpetual inventory, also known as continuous inventory, in business and accounting/accountancy refers to systems of inventory where data on inventory quantity and availability is updated continuously as a function of conducting business.
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An __________ is a lan that uses the same technologies as the internet but is open to only those inside the organization.
Answer:
Intranet is the answer of this question.
