A strong expansion tends to encourage discouraged workers to begin their search for jobs again. This would cause the increase in the official unemployment rate.
Discouraged workers refer to any people who are eligible and able to work but are not actively seeking jobs. Discouraged workers have not try to become employed and have given up on searching for work. This kind of unemployement are usually not recorded under the official unemployment rate.
Discouraged workers only recorded under the real unemploment rate instead being included to the official unemployment rate. The official unemployment rate does not include underemployed, marginally attached and discourage workers on its measurement. Hence, once those discouraged workers try to seeking jobs again, their category as unemployed worker changed into the cyclical unemployement.
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Glenn withdrew $8,600 from a one-year, deferred interest certificate of deposit during 2021. he had to pay a penalty of 3-months interest which is not deductible.
True/False
Glenn had to pay a penalty of 3- month interest is False. because Information about the deductibility of the penalty is not provided, so it cannot be determined whether it is deductible or not.
The deductibility of an early withdrawal penalty from a certificate of deposit depends on the tax laws in the jurisdiction in which the deposit was made.
In some cases, early withdrawal penalties may be deductible, while in others they may not be. The Internal Revenue Service (IRS) does not prohibit the deduction of early withdrawal penalties, but the deductibility of these penalties may be limited based on the individual's tax situation.
Additionally, the deductibility of an early withdrawal penalty may also be affected by other factors such as the type of account and the purpose of the withdrawal. Therefore, it is not possible to definitively state that the penalty is not deductible without more information.
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choose an example of how a manager can decrease variable costs while increasing fixed costs.
Changing a sales force compensation plan from a percent of sales dollars to fixed salary, is an example of how a manager can decrease variable cost while increasing fixed cost.
Changing a sales force compensation plan from a percent of sales dollars to fixed salary is an example of how a manager can decrease variable cost while increasing fixed cost. By changing the compensation plan from a percent of sales dollars to a fixed cost, the manager is able to reduce the amount of money spent on sales compensation.
This decrease in variable cost is offset by the increase in fixed cost, as the company now has to pay the same salary regardless of the amount of sales. This type of cost-saving measure can be beneficial for a company, as it helps to reduce expenses while still providing a steady salary to the sales force.
Hence, the correct option is "B".
-------The given question is incomplete, the complete question is:
"Choose an example of how a manager can decrease variable cost while increasing fixed cost.
A) using hourly wage workers to replace a robotic machine.
B) Changing a sales force compensation plan from a percent of sales dollars to fixed salary.
C) Hiring a subcontractor to do repairs to do repairs on a per visit basis rather than on an annual retainer basis."---------
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riku believes that the world is controlled by large companies. as a result, he has concluded that a career in business would be pointless because he would not be able to compete with the large corporations. an existential therapist would:
An existential therapist would tell Riku that he is master of his own destiny.
What is destiny?Destiny, sometimes known as fate, determines how things will turn out. Whether it is a predestined destiny for society as a whole or for a specific individual, it might be perceived as such. Unlike fate and destiny, fortune can refer to chance, luck, as in being fortunate, or an event or set of events that have a favorable or negative impact on a person or a community. It can either simply mean the result of chance and occurrences, or it can be used as an idiom to allude to telling someone their fortune. Tyche, a lesser-known goddess, stood for the fortune of the city and everyone whose lives depended on its safety and prosperity—two seemingly good aspects of existence.
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is there a profile for a manager who may struggle with the evaluation process?
Profiles of managers who may struggle with performance appraisals are related to the belief that such procedures are irrelevant.
Regardless of the challenge, performance reviews ensure that both managers and employees are on the same page when it comes to organizational goals.
It is important to note that despite the high level of resistance to performance reviews, some managers may struggle more than others.
Therefore, managers who do not communicate clearly with their employees fail to adequately measure disappointing results.
Also, managers who wait until review to provide feedback are less likely to be successful in measuring employee performance. Reviews have a clear purpose, but they should not be used as a substitute for the ongoing feedback employees should receive throughout the year. Performance reviews should not surprise employees, so leaders should ensure that feedback is provided on a regular basis.
Another important point is that managers who delay performance reviews are less effective at measuring employee performance. The procrastination associated with such measures shows workers that managers are not paying enough attention to their success, reducing their engagement in their work.
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Which one of the following bonds is the least sensitive to changes in market interest rates?A. 4 percent annual coupon, 20 yearB. Zero coupon, 30 yearC. 4 percent annual coupon, 10 yearD. 6 percent annual coupon, 10 year
The bonds is the least sensitive to changes in market interest will be rates 4 percent annual coupon
Short-term bonds are the least affected by changes in market interest rates.
Long-term bond investors face greater interest rate than fairly short bond investors. This means that maybe if interest rates change besides 1%, long-term bonds' prices could well change more dramatically—rising when rates fall as well as falling because once rates rise.
However apart from that, lower coupon bonds nowadays are more so much more dependent on changes in interest rates in order to maintain the very same current price at maturity. As a result, the three-year bond has to have the which also as well as the highest interest rate, making it the most resistant to interest rate risk.
Therefore, the correct answer will be option (a)
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Banks typically do NOT lend on this type of trust...?
A. Revocable Trusts
B. Irrevocable Trusts
C. Limited Trusts
D. Interim Trusts
Banks typically do NOT lend on this type of trust Irrevocable Trusts
An "irrevocable trust," in which one can transfer the entire title as well as rights to the trustee, is often not eligible for financing from banks.
There is a fiduciary arrangement between the two parties. Another of the parties, the trustor, gives the other party, the trustee, the authority to use a particular asset or piece of property for the benefit of a beneficiary. The property of the trustor are legally protected through trusts.
Therefore, the correct answer will be option (B)
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adam smith in his renowned treatise, the wealth of nations, provided not only a rationale for a market economy based upon competition, but also advanced a rationale for trade among nations called the:
The answer is a. Theory of Comparative Advantage.
This theory, developed by Adam Smith in his renowned treatise, THE WEALTH OF NATIONS, states that countries should specialize in the production of the goods and services for which they have a comparative advantage. This is based on the idea that countries should produce goods and services for which they are most efficient and then trade with other countries for the goods and services they are less efficient at producing. This allows countries to benefit from the specialization of labor, technology, and other resources which can lead to more efficient production and an increase in overall economic welfare.
This theory is still widely used today to determine the best trade policies for countries.
Complete question:
Adam Smith in his renowned treatise, THE WEALTH OF NATIONS, provided not only a rationale for a market economy based upon competition but also advanced a rationale for trade among nations called the...
a. Theory of Comparative Advantage
b. Theory of Absolute Advantage
c. Theory of Temporary Advantage
d. Theory of Competitive Advantage
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how much more media spend would be required to drive 30,000 total clicks (inclusive of clicks already generated) within the free shipping campaign, assuming a $13 cpm and a 1.20% ctr going forward?
The additional media spend required is[tex]$32,500 - (C * $13 / 1000) = $32,500 - (C * 0.013).[/tex]
Let's assume that the current number of clicks is C.
The total media spend so far is [tex]C * $13 / 1000.[/tex]
To drive 30,000 clicks, we need to spend [tex](30,000 - C) * $13 / 1000[/tex]dollars.
The click-through rate (CTR) is the ratio of clicks to impressions, so the number of impressions required to get 30,000 clicks is 30,000 / (1.20% / 100) = 30,000 / 0.012 = 2,500,000.
The media spend required to generate 2,500,000 impressions is [tex]2,500,000 * $13 / 1000 = $32,500.[/tex]
Therefore, the additional media spend required is [tex]$32,500 - (C * $13 / 1000) = $32,500 - (C * 0.013).[/tex]
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how much did the u.s. airlines spend on fuel in 2007? group of answer choices $60b $42b $50m $60m
The offered assertion claims that $42 billion was spent on fuel by American airlines in 2007.
What function do airlines serve?Aviation offers the sole fast global transportation network, making it crucial for international trade. It fosters employment creation, economic expansion, and eases travel and commerce abroad.
What is aviation and airlines?It is crucial to remember that the aviation industry encompasses all businesses related to aviation, including manufacturers of aircraft, providers of non-commercial flights, and regulatory bodies. The airline industry, on the other hand, refers to businesses that offer air travel services to customers or for freight services. British Airline, American Airlines, Air France, and Lufthansa are a few examples.
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what did miss moore want them to understand about money in their world.? refer to a particular statement she made during the trip or before, or a particular question she asked, or a particular activity.
Miss Moore want them to understand about economic inequality in their world.
Miss Moore's goal in "The Lesson" is to teach the students about economic inequality. Miss Moore takes the children on a field trip to F. A. O. Schwarz, an expensive toy store in rich Manhattan, because they are from a disadvantaged area in Harlem.
She hopes that by doing so, she will demonstrate the inequity of the American economic system. Toni Cade Bambara wrote "The Lesson" as a short fiction.
The plot revolves around Miss Moore, a well-educated woman who transports a group of young black children from Harlem to F. A. O. Schwarz in Manhattan. Through the viewpoint of a little girl, "The Lesson" addresses the understanding of economic disparity in 1960s America.
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willa, a recent college graduate with little job-related experience, was recently hired at lewiston communications as a marketing specialist. willa was hired specifically for her education and her ability to learn. willa, according to management guru peter drucker, is considered a(n)
Willa, according to management guru peter Drucker, is considered an Ability to put plans into action.
What is management?Management is an international phenomenon. It is a very well-known and frequently used term. All organisations, whether they are commercial, political, cultural, or social, are involved in management because it is management that aids and guides the various efforts toward a specific goal.
Harold Koontz asserts that "management is an art of getting things done through and with the people in formally organised groups. The art of fostering an atmosphere where individuals can excel and work together to achieve group objectives.
Management, in the words of F.W. Taylor, "is an art of knowing what to do, when to do it, and seeing that it is done in the best and cheapest way."
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economic goods are part 2 a. unrelated to human wants. b. always tangible goods. c. goods that are scarce. d. equivalent to all goods and services.
According to the statement the correct option is C) goods that are scarce.
How can economics be explained?Economics is really the study of limitation and how that affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
How does an economy work?An economy is made up of customers who purchase goods and services, companies that employ consumers and produce commodities, and various levels of government that purchase goods, hire labour, and collect taxes. They interact with each other in a way that simplifies the economy.
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riley and porter have a dispute regarding a contract. they want to have a binding resolution, but they prefer to have the dispute handled privately by someone with special expertise. they should choose:
The best form of dispute resolution for their problem would be Arbitration. If they choose arbitration, The arbitrator listens to both sides, looks at the evidence you've sent in and decides what the outcome should be.
In economic and business, Arbitration generally can be defined as a form of alternative dispute resolution that resolves disputes outside the judiciary courts. The dispute will be decided by one or more persons, which renders the 'arbitration award'. The arbitration works with The arbitrator listens to both sides, looks at the evidence you've sent in and decides what the outcome should be.
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A number of frozen yogurt stores have opened in the last few years and your client, YogurtLand, has experienced a noticeable decline in customer traffic over the past several months that has caused you to have substantial doubt about YogurtLand’s ability to continue as a going concern.
Intelligis Electronics is a manufacturer of advanced electrical components. During the year, changes in the market resulted in a significant decrease in the demand for their products, which are now being sold significantly below cost. Management refuses to write off the products or to increase the reserve for obsolescence.
In the last 3 months of the current year, Oil Refining Company decided to change direction and go significantly into the oil drilling business. Management recognizes that this business is exceptionally risky and could jeopardize the success of its existing refining business, but there are significant potential rewards. During the short period of operation in drilling, the company has had three dry wells and no successes. The facts are adequately disclosed in footnotes.
Your client, Harrison Automotive, has changed from straight-line to sum-of-the-years’ digits depreciation. The effect on this year’s income is immaterial, but the effect in future years may be highly material. The change is not disclosed in the footnotes.
Circumstances prevent you from being able to observe the counting of inventory at Brentwood Industries. The inventory amount is material in relation to Brentwood Industries’ financial statements. But, you were able to perform alternative procedures to support the existence and valuation of the inventory at year-end.
Approximately 20 percent of the audit of Lumberton Farms, Inc., was performed by a different CPA firm, selected by you. You have reviewed their audit files and believe they did an excellent job on their portion of the audit. Nevertheless, you are unwilling to take complete responsibility for their work.
Required
For each situation, do the following:
Identify which of the conditions requiring a deviation from a standard unmodified opinion audit report is applicable, if any.
State the level of materiality as immaterial, material, or highly material. If you cannot decide the level of materiality, state the additional information needed to make a decision.
Given your answers in parts a. and b., state the appropriate audit report from the following alternatives (if you have not decided on one level of materiality in part b., state the appropriate report for each alternative materiality level):
Unmodified opinion—standard wording
Unmodified opinion—explanatory paragraph
Unmodified opinion—nonstandard report wording
Qualified opinion only—GAAP departure
Qualified opinion—scope limitation
Disclaimer
Adverse*
A GAAP deviation or a scope restriction may result in the issuance of a qualified opinion. The errors are substantial but not prevalent in both instances.
In other words, although there is a considerable impact on the financial statements, there are not many misstatements (do not affect a large number of accounts).An auditor's qualified opinion states that, with the exception of a certain area, the financials are fairly reported. A qualified opinion is often still acceptable to lenders, creditors, and investors, unlike an unfavourable or disclaimer of opinion. In the event that there is a significant deviation from GAAP in the financial statements, the auditor should specifically describe the type of divergence and, if determinable, the dollar implications. A qualified opinion asserts that the financial statements fairly portray the financial condition in all relevant respects, except the consequences of the issue to which the qualification refers.
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what is the best split (between a1 and a2) according to the gini index
Therefore, a1 generates the optimal split based on mistake rate. (f) Based on the Gini index, what is the optimal split (between a1 and a2)? 4 9 [ 1 − (3/4) 2 − (1/4)2 ] + 5 9 [ 1 − (1/5) 2 − (4/5)2 ] = 0. 3444.
e) Based on the classification error rate, what is the optimal split (between a1 and a2)? The error rate for attribute a1 is 2/9. The error rate for attribute a2 is 4/9. Therefore, a1 generates the optimal split based on mistake rate. Each and every feature has its GI computed, and the feature with the greatest value is chosen as the best split-feature. Gender is the best split-feature because it generates the most homogenous child nodes since Gini Index(Gender) is bigger than Gini Index(Age).
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in what sense can greater central bank independence make the time-inconsistency problem worse?
The time-inconsistency problem refers to the difficulty of making decisions today that will have desirable outcomes in the future. Greater central bank independence can make the problem worse in the sense that central banks may not always act in the best interest of the public.
When central bank independence is high, governments often have less control over monetary policy and are unable to ensure that monetary policy decisions are consistent with long-term objectives.
Furthermore, central banks may not always prioritize economic stability over short-term goals, such as targeting inflation. This can lead to short-term policies that may have a detrimental effect on the economy in the long run and worsen the time-inconsistency problem.
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suppose you hold a particular investment for seven months. you calculate that your holding period return is 14 percent. what is your annualized return? (do not round intermediate calculations. enter your answer as a percent rounded to 2 decimal places.)
14%/7 months * 12 months/year = 32.57%. The annualised return may be determined by dividing the holding period return by the holding period in years.
The annualised return is computed as 14%/7 months * 12 months/year since the holding period return was 14% and it was held for 7 months. The formula aids in calculating an investment's return over the course of a year. The profit or loss made by an investment over a year is referred to as annual return. It accounts for things like dividends, capital gains, and inflation and is often stated as a percentage of the initial investment. An essential gauge of investment success, the yearly return is used to compare the returns of various assets. It is also used to evaluate the performance of a portfolio of investments and assist investors in choosing the right investments.
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scientific management began as managers faced labor shortages in a time of business expansion. consequently, the focus of scientific management is how to use labor
Scientific management began as managers faced labor shortages in a time of business expansion, consequently, the focus of scientific management is how to use labor efficiently.
Scientific management, a trend within management theory, sought to scientifically modify how business activities are managed at work and elsewhere. By examining and streamlining labour processes and determining the most efficient ways to do tasks, the approach aimed to boost industrial production.
This was essential since during a time of rapid growth of the economy and labour shortages, managers had to figure out how to employ workers and resources as effectively as possible. This movement's supporters believe that work must only be viewed analytically. Decisions should no longer be made based on custom or general principles, but rather on rationality. Evaluation of performance is essential in this.
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1.9 billion beverages sold every day, the size of the coca-cola company, and the 200 brands within its portfolio could be captured as an insight in an internal analysis of coca-cola. which of the three d's would these internal strengths be positioned?
The three D's in which internal strengths be positioned are Dominant market share, diversified product portfolio and Distribution system.
What is Coca-Cola SWOT analysis?The Coca-Cola SWOT analysis shows how the firm that owns one of the world's most recognizable brands leveraged its competitive advantages to become the world's second-biggest beverage maker. It outlines all the company's essential strengths, weaknesses, opportunities, and threats.
Dominant market share, varied product portfolio, and distribution system are the three D's in which internal strengths should be positioned. Market dominance in the beverage business. Product portfolio diversification with a 21 billion-dollar brand.
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question which of the following is an example of structural unemployment? responses nina, a snowboarding coach is unemployed during the summer. nina, a snowboarding coach is unemployed during the summer. loan officers losing jobs during the 2009 recession. loan officers losing jobs during the 2009 recession. bank teller jobs lost when a regional bank was purchased by a national bank. bank teller jobs lost when a regional bank was purchased by a national bank. telephone operators replaced by computerized systems in the 1970s.
Out of the given choices, the telephone operators who were replaced by the computerized systems in the 1970s can be regarded as an example of structural unemployment. Therefore, the option D holds true.
The concept of structural unemployment can be considered as a type of unemployment, wherein a person does not have engagement across any employable organization due to a change in the external factors, such as government regulations or changes in the technology. Moreover, such type of unemployment is uncommon, and takes place at irregular intervals with higher contingencies.
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which of the following is an example of a substitute? a rolex watch is a substitute of a breitling watch. , not selected incorrect answer: a mercedes is a substitute for a bmw. none of these answers is correct. , not selected flying delta airlines is a substitute for flying united. , not selected shopping at tesco is a substitute for shopping at walmart.
The assertion that none of the solutions are correct is an illustration of a substitute.
An alternative definition is what?A service or a product that consumers may quickly swap out for another is referred to as a replacement. In economics, substitute items are frequently used when the need for one product rises as the price of the alternative product rises.
When is a substitution acceptable?When you replace one item with another, or when one thing replaces another, the other object is replaced or serves the same purpose. Northern Ireland and England both made impromptu changes. A replacement is anything you own or use in place of another item.
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The complete question is-
Which of the following is an example of a substitute?
a). Flying Delta Airlines is a substitute for flying United.
b). Shopping at Tesco is a substitute for shopping at Walmart.
c). A Mercedes is a substitute for a BMW.
d). A Rolex watch is a substitute of a Breitling watch.
e). None of the answers is correct.
Which of the following are considerations of corporate social responsibility? Choose 3 answer choices. a) Issues within the community where a business is located b) Maximization of company profits c) Environmental impact of a business d) Ethical treatment of employees and suppliers
Corporate social responsibility (CSR) refers to a company's voluntary efforts to address and manage the social, environmental and economic impact of its operations. The answer choices a), c) and d) all reflect key considerations of CSR.
CSR is a way for companies to go beyond the traditional focus on maximizing profits and instead consider the interests of stakeholders such as employees, customers, communities and the environment.
The answer choices a), c) and d) all reflect key considerations of CSR.
a) Issues within the community where a business is located refers to a company's social responsibility to support and contribute to the well-being of the community where it operates. This includes community development projects, job creation, and support for education and social programs. c) Environmental impact of a business refers to a company's responsibility to minimize its impact on the environment and to protect natural resources. This includes reducing waste, using renewable energy sources and investing in sustainable technologies. d) Ethical treatment of employees and suppliers refers to a company's responsibility to ensure that its employees and suppliers are treated fairly and ethically. This includes providing fair wages, safe working conditions, and protecting human rights.By considering these key aspects of CSR, companies can create positive social and environmental impact, build trust with stakeholders, and in turn, enhance their reputation and long-term success.
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general 'mental short-cuts' or quick decision-making rules, such as, 'you get what you pay for' or 'shorter lines move more quickly' could be considered what type of problem-solving strategy?
Heuristics, it is a problem-solving strategy that uses mental shortcuts to quickly make decisions based on past experiences and limited information. It is a fast and efficient way to arrive at a solution, but it is not always accurate.
Heuristic methods can be used to expedite the process of finding a workable solution in situations when it is impossible or impractical to discover an ideal one. Heuristics is a mental shortcuts that shortens the cognitive strain of decision-making.
Heuristics are developed from the challenges that are comparable. These strategies rely on the easily availability. A heuristic typically works as intended when used in real-world situations. On the other hand, it could lead to systematic errors.
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what could be considered an international benefit derived from drugs across history?
One of the international contributions of drugs throughout history is the advancement of medical science. Many medicines have been developed to treat and cure certain illnesses and diseases, saving countless lives around the world.
For example, antibiotics have been used to treat bacterial infections since the 1940s, and antiretroviral drugs have been used to treat HIV/AIDS since the 1990s. These drugs have revolutionized the healthcare industry and have made it possible to extend life expectancy and improve the quality of life for millions of people around the world. In addition, medicines are used to treat mental health conditions such as depression and anxiety, providing relief to those suffering from these conditions and improving overall well-being.
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Opportunities and threats in Strengths-Weaknesses-Opportunities-Threats (SWOT) analysis can be identified most readily by:
a. Using value-chain analysis
b. Analyzing the industry and the organization’s competitors
c. Analyzing the organization’s critical success factors
d. Using the strategy map
Opportunities and threats in Strengths-Weaknesses-Opportunities-Threats (SWOT) analysis can be identified most readily by analyzing the industry and the organization’s competitors.
This study makes it feasible to pinpoint a company's risk goals in both its micro and macro environments, aiding in both organizational strategy and efficient management.
The SWOT analysis examines a company's internal (strengths and weaknesses) and external (opportunities and threats) features that could help them identify problems early in an effort to reduce risks by utilizing the company's core competencies and environmental developments from which the entity can profit. Budgets, ratios, and sales reports are internal corporate data, therefore depending on the state of the business at the time, they may reveal both strengths and flaws. The SWOT analysis is a widely used strategic tool by organizations to evaluate the company's internal and external surroundings as well as its strengths, weaknesses, threats, and opportunities (Strength, Weakness, Opportunity, Threat). This research helps with both organizational and strategic planning by enabling the identification of a company's risk goals in both its micro and macro contexts.
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should you give any discount to people who order two dozen cookies? if every customer orders 2 dozen, will your capacity increase?
Yes, you should give a discount to people who order two dozen cookies. Your capacity will not necessarily increase if every customer orders two dozen cookies, but it may increase depending on how you manage the baking process.
What is discount?
A deduction taken in proportion to the amount owed, typically for on-time or cash payments, from the gross amount or worth of something, such as: a decrease from the regular or list price.
Your capacity will not necessarily increase if every customer orders two dozen cookies, but it may increase depending on how you manage the baking process.
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during the 1990s worker productivity growth spiked as computers and the internet were introduced to many businesses for the first time but wage increases did not match gains in productivity. how did this affect the natural unemployment rate? responses natural unemployment increased as computers replaced workers. natural unemployment increased as computers replaced workers. natural unemployment was unaffected. natural unemployment was unaffected. frictional unemployment increased frictional unemployment increased natural unemployment decreased as productivity growth outstripped wage growth.
During the 1990s worker productivity growth spiked as computers and the internet were introduced to many businesses for the first time but wage increases did not match gains in productivity. Natural unemployment decreased as productivity growth outstripped wage growth.
The bare minimal unemployment rate brought on by actual or willing economic factors is known as natural unemployment. It reflects the number of individuals who are jobless as a result of the structure of the labour force, including those who have been displaced by technology or who lack the requisite skills to find employment.
Natural unemployment continues because of the labour market's flexibility, which permits people to move between businesses. The terms "cyclical," "institutional," or "policy-based unemployment" are frequently used to describe any unemployment that is not seen as being natural. The natural rate of unemployment may rise as a result of exogenous influences.
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what type of business model will the pharmacy be?
what is one point to remember when establishing and maintaining business relationship with people
When establishing and maintaining business relationships with people, it is important to remember to be professional. This means that you should treat everyone with courtesy and respect, regardless of their title or role.
You should also try to maintain open and honest communication and be willing to listen and address their concerns. In addition, it is important to be prompt and ready to answer any questions they may have. Finally, make sure you are reliable and compliant with any commitments you have made. Keeping these things in mind will help build strong and lasting business relationships.
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suppose that there are three options facing a manager. he may either build a large plant for a value of $20,000 in profit, a small plant for $14,000 in profit or do nothing and make $6,000. what is the equally likely of the decision?
The decision of the manager cannot be determined based on the information given.
Equally likely means that all options have the same probability of being chosen, but the information given does not provide any indication of the manager's preferences or the factors that may influence their decision.
It is possible that the manager may prioritize the potential profit over the size of the plant, and choose to build the large plant for the greatest potential profit of $20,000.
Alternatively, they may prioritize cost-effectiveness and choose to build the small plant for $14,000 in profit. There could also be other factors, such as market conditions, available resources, and risk tolerance, that may influence the manager's decision.
Therefore, without further information, it is not possible to determine the equally likely decision for the manager.
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