In general, HR departments ought to be able to boost their performance through a mix of increased effectiveness and efficiency.
Greater effectiveness here refers to the HR department’s efforts having a more positive impact on the workers and the company’s performance.
The group of individuals who work for a company, industry, or economy collectively constitute its human resources. Human capital, or the knowledge and abilities that particular people possess, is a more specific idea.
An organization's human resources department (HR department) handles human resource management, supervising various employment-related tasks like ensuring that labor laws and employment standards are followed, conducting interviews, managing employee benefits, organizing employee files with the necessary paperwork for future use, and handling some aspects of recruitment (also known as talent acquisition) and employee offboarding. They act as a conduit between a company's management and its workers.
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lightsey natural dying corporation measures its activity in terms of skeins of yarn dyed. last month, the budgeted level of activity was 14,800 skeins and the actual level of activity was 15,100 skeins. the company's owner budgets for dye costs, a variable cost, at $0.51 per skein. the actual dye cost last month was $8,660. in the company's flexible budget performance report for last month, what would have been the spending variance for dye costs?
Answer:
Direct material price variance= $966.4 unfavorable
Explanation:
Giving the following information:
Actual level of activity was 15,100 skeins.
Standard cost= $0.51 per skein.
The actual dye cost last month was $8,660.
To calculate the direct material price variance, we need to use the following formula:
Direct material price variance= (standard price - actual price)*actual quantity
Actual price= 8,660 / 15,100= $0.574
Direct material price variance= (0.51 - 0.574)*15,100
Direct material price variance= $966.4 unfavorable
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at one time, as a condition of employment, the employer could make the employee sign a statement prohibiting the worker from joining a union. what was this called?
Previously, the employer might require the worker to sign a declaration saying they are not allowed to join a union as a condition of employment. National Education Association, if that's what it was (NEA).
The largest union in the country is the National Education Association (NEA). It is made up of teachers and other support staff from public schools, academic staff from colleges and universities, retired educators, and college students majoring in education.
National Education Association (NEA), an American voluntary organization of educators working in colleges, institutions, and elementary and secondary schools. It is the biggest professional association in the world. Washington, D.C. serves as its administrative center.
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if the government increases taxes, what happens to the price index and the actual real gdp holding all else constant? group of answer choices in this case, the price index decreases and the actual real gdp decreases. in this case, the price index increases and the actual real gdp increases. in this case, the price index increases and the actual real gdp decreases. in this case, the price index decreases and the actual real gdp increases.
The ability to track the Gross Domestic Product's (GDP) growth over time, or lack thereof, is one of the main advantages of doing so. However, since prices are based on the money supply, which varies independently of GDP from year to year
The GDP measured by actual prices, which are not prorated for inflation, is known as nominal GDP. To accurately compare the economic output of one year to another, the real GDP measures output in constant dollars. Even if the real GDP remained constant, since prices fluctuate annually, GDP would as well.Similar to how the Consumer Price Index (CPI) is calculated using information gathered by the government, the GDP deflator is based on a GDP price index. Compared to the CPI, the GDP index covers a much wider range of goods and services, including those purchased by businesses. The GDP index includes capital goods, government purchases, as well as goods and services that are traded internationally, whereas the CPI only includes consumer goods and services.
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the price of fertilizer has increased. how will this affect soybean production? a change in input prices b change in technology c number of buyers in the market d change in the price of a related (substitute) good
Increased prices of fertilizers would bring a change in the price of a related (substitute) good.
The use of too much fertilizers in the crop increases the crop yields but decreases it's quality and thus the crops are available at a cheaper rate. On the contrary, when the fertilizers has increased, there would be lesser application of fertilizers with a good crop yield but an increased price of the related good too.
It is not profitable to utilise a pound of fertiliser when the price is higher than the anticipated increase in revenue from applying it to the field. Producers will be encouraged to use less fertiliser per acre because fertiliser prices have risen more than most crop prices.
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if aspects that customers have come to expect in a technology are difficult for competitors to imitate, being the technology leader will: result in an inability to preemptively capture scarce assets. yield sustained monopoly rents. result in lower bargaining power over suppliers. mean negligible research and development costs.
If aspects of a technology that customers have come to expect are difficult for competitors to imitate, being the technology leader will result in long-term monopoly rents. Thus, the right option is to yield sustained monopoly rents.
What is monopoly rent?Monopoly rents are obtained by corporations that can limit supply and/or raise prices without concern about recruiting competitors. The difference between price and long-run marginal cost is a measure of economic rent, and the sum of the difference over all units sold is the total monopoly rent.
Monopoly rent is earned from areas on which unique products, such as certain grape types, are grown; in the extractive sector, such rents are tied to the extraction of rare metals.
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on january 1, alan king decided to transfer an amount from his checking account into an investment account that later will provide $80,000 to send his son to college (four years from now). the investment account will earn 8 percent, which will be added to the fund each year-end. (future value of $1, present value of $1, future value annuity of $1, present value annuity of $1, financial calculator) (use tables, excel, or a financial calculator.) required: how much must alan deposit on january 1? what is the interest for the four years?
Alan must deposit $58,802.38 on January 1. and The interest for the four years = $21,197.62.
PV = $80,000 / 1.08^4 PV = $80,000 /1.36048896
PV= $58,802.38
2) $80,000 - $58,802.38 = $21,197.62 is the interest for the four years.
A deposit is the act of putting money with a specific entity, most frequently a financial institution like a bank. Deposits by Types
bank account for savings.
Currently Accepting Deposits.
Account with a fixed deposit.
Consistent Deposit Account.
An amount over and above the repayment of the principal sum is known as interest and is paid by a borrower or deposit-taking financial institution to a lender or depositor at a set rate. It differs from a fee the borrower might pay the lender or another party. There are three different kinds of interest: simple (regular), accrued, and compound.
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what happens to the price of a good or service when there is excess demand? a the price stays the same b the price goes up c the government sets the price d the price goes down
When there is excess demand in the market, then the price of a good or service goes up.
How Does the Law of Supply and Demand Affect Prices?
An economic theory called the law of supply and demand explains how supply and demand are related to one another and how this relationship affects the price of goods and services. A basic principle of economics is that when there is more supply than demand for an item or service, prices decline. Prices typically increase when demand exceeds supply.
When demand is constant, there is an inverse relationship between supply and prices of products and services. Prices tend to decrease to a lower equilibrium price and a greater equilibrium quantity of goods and services if supply of goods and services increases while demand stays the same. Prices tend to increase to a higher equilibrium price and a lesser quantity of goods and services when the supply of goods and services declines and demand stays the same.
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In one week, Jill works at
Starbucks for 15 hours and is
paid $12 per hour. She earns
another $20 in tips. Jill also
works at a basketball referee at
the Kroc Center for 10 hours as
a pay rate of $11 per hour.
Jill's dad is a car mechanic and
Jill earns a 10% commission on
the first service for any new
customer she sends to her
dad's shop. Her dad did a
$1,000 brake job for a new
customer Jill sent to him.
What is Jill's gross income for
this week?
Answer:
$410
Explanation:
In one week, Jill works at Starbucks for 15 hours and is paid $12 per hour. She earns another $20 in tips. Jill also works at a basketball referee at
the Kroc Center for 10 hours as a pay rate of $11 per hour. Jill's dad is a car mechanic and Jill earns a 10% commission on the first service for any new customer she sends to her dad's shop. Her dad did a $1,000 brake job for a new customer Jill sent to him. What is Jill's gross income for this week?
starbucks: (15 * 12) + 20 = $200
krock center: 10 * 11 = $110
commission: 1,000 * 0.10 = $100
200 + 110 + 100 = $410
you find a zero coupon bond with a par value of $10,000 and 20 years to maturity. the yield to maturity on this bond is 4.2 percent. assume semiannual compounding periods. what is the dollar price of the bond?
Thus the dollar price of the bond is $4,355
What does it mean to have a bond with no coupons?No interest is paid over the course of a bond having a zero coupon rate. Instead, buyers of zero-coupon bonds make their purchases at a significant discount to the bond's face value, which is the sum they will get when it "matures" or becomes due. With mature length, the price sensitivity rises.
Therefore, if you want to bet on interest rates moving in a certain direction, zero coupon bonds are your best choice to maximize profit from any rate movement. Zero-coupon bonds can be secured or unsecured. They are issued at a material discount to face value due to the fact that they pay all interest at maturity and make no interim payments.
Given,
The Zero coupon bond with par value = $10,000
The maturity time period (in years) = 20 years
The yield to maturity (YTM) (in percentage) = 4.2% = 0.042
The value of the bond = par value/ (1+YTM÷2)^(Maturity period)
= 10000 / (1+0.042÷2)²⁰
= 10000 /(1+0.021)²⁰
PV (price of the bond)= $4,355
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the automotive semiconductor has been in shortage, but the supply has recently been stabilized. what would happen to the demand for car engines? automotive semiconductors and car engines are complementary goods.
"Cross Elasticity of Demand" We know that complementary goods are those that are demanded together. Complementary goods are those in which one good has utility and is demanded only when the second related good is also available.
In economics, goods are products that meet human desires and give utility, such as a gratifying product purchased by a consumer. A typical difference is drawn between transferable products and nontransferable services.
A good is a "economic good" if it is helpful to people but scarce in relation to demand, requiring human effort to attain it. In contrast, free products, such as air, are naturally abundant and require no intentional effort to obtain. Private goods are items owned by individuals, such as televisions, living room furniture, wallets, cellular phones, and basically everything owned or utilized on a regular basis that is not food-related.
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quantitative problem: you need $13,000 to purchase a used car. your wealthy uncle is willing to lend you the money as an amortized loan. he would like you to make annual payments for 6 years, with the first payment to be made one year from today. he requires a 7% annual return. what will be your annual loan payments? do not round intermediate calculations. round your answer to the nearest cent.
The formula for computing the annual loan payments is provided and explained below:
PMT=P(r/n)/1-(1+r/n)^(-nt)
P=loan amount=$13,000
r=interest rate=7%
n=number of payments in a year=1
t= duration of loan= 6 years
PMT= 13,000*(7%/1)/(1-(1+7%/1)^(-1*6)
PMT=13000*0.07/(1-(1.07)^-6
PMT=$2727.35
A loan is whilst cash given to every other party in change for compensation of the mortgage's main quantity plus hobby. creditors will not forget a prospective borrower's earnings, credit score, and debt ranges earlier than identifying to provide them with a mortgage.
A secured mortgage makes use of an asset you very own as collateral; the lender can take the asset in case you do not pay off the mortgage. An unsecured mortgage calls for no collateral. They commonly have higher hobby prices than secured loans due to the fact they may be riskier for creditors.
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wendy, who is single, worked her way through college earning an annual taxable income of $12,000 in 2021. her first job after graduation will give her a taxable income of $35,000 per year. using the tax table, what is her marginal tax bracket in 2021 while she is still in school and what will it be when she graduates?
Marginal tax bracket in 2021 while she is still in school is 34 percent, and it will be 34 percent when she graduates.
What is the typical tax rate I pay?Divide total taxable income by total taxes to get the average tax rate. By isolating the absolute pay by the all out charges paid in each section, the typical duty rate not set in stone. The average tax rate will always be lower than the marginal rate.
For $92000, what is the tax rate?If you live in California, USA, and earn $92,000 annually, you will owe $26,681 in taxes. Your net pay will therefore be $65,319 per year, or $5,443 per month. Your average tax rate is 29.0%, while your marginal tax rate is 41.0 percent.
Taxable income divided by income times 100 is the marginal tax rate.
12000 / 35000 = 0.34 * 100 = 34%
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the management of hamano corporation would like for you to analyze their repair costs, which are listed below: machine-hours repair costs april 2,140 $ 33,094 may 2,169 $ 33,112 june 2,126 $ 33,089 july 2,198 $ 33,112 august 2,111 $ 33,022 september 2,214 $ 33,176 october 2,137 $ 33,063 november 2,209 $ 33,149 management believes that repair cost is a mixed cost that depends on the number of machine-hours. using the least-squares regression method, the estimates of the variable and fixed components of repair cost would be closest to:
The corrective option is C = $1 per machine hour plus $30927 per month.
What is an example of variable cost?Costs that change with the volume are called variable costs. Raw materials, piece-rate labor, production supplies, commissions, delivery costs, packaging supplies, and credit card fees are all examples of variable costs. The variable costs of production are referred to as the "Cost of Goods Sold" in some accounting statements.
Machine Hours Repair Cost April 2,146.0 33100 May 2,175.0 33118 Jun 2,132.0 33095 Jul 2,210.0 33118 Aug 2,117.0 33028 Sep 2,226.0 33182 Oct 2,143.0 33069 Nov 2,221.0 33155 Slope 1.0
What are fixed and variable costs?In accounting, expenses that are constant over time regardless of the level of outputs are referred to as fixed costs. Expenses that respond directly and proportionally to shifts in the volume or level of business activity are referred to as variable costs.
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How does surfing the internet during business hours negatively effect the workplace?.
It can reveal confidential information and infect other systems with malware.
Many workers do squander a lot of time online. According to several studies, employees squander 1-2 hours every day online. These lost hours can hurt a company's bottom line since lost time equals lost money. One research revealed that office distractions and poorly designed technology may cost organizations $10,000 per person annually, to put a finer point on the problem. These kinds of financial losses provide strong justification for prohibiting recreational internet use in your workplace culture.
Implementing a web filtering application to prevent leisure websites is one technique to increase office productivity.
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betina is trying to convince a buyer to purchase her company. the buyer wants to know what the company's overall financial condition was on december 31, 2018. what type of financial statement should betina provide? cash flow statement balance sheet statement of changes in equity income statement
Betina company should provide financial statement in form of Balance sheet statement .
Betina collectively Financial Condition on a personalized can be seen in the balance sheet. As balance sheet shows the Financial Condition on a personalized date. It does limit itself to a time.
Balance sheet :A balance sheet is a fiscal statement that reports a company's means, debt, and shareholder equity. The balance sheet is one of the three core fiscal statements that are used to estimate a custom. It provides a shot of a company's finances( what it owns and owes) as of the date of publication. a balance sheet is a summary of the fiscal balances of an respective or association, whether it be a sole procurement, a business cooperation, a corporation, private defined company or other association similar as administration or not- for- profit commodity
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the primary goal of innovation is to:apromote social well being.bincrease the number of jobs.ccreate wealth/solve problems.dsupport national econom
The main purpose of innovation is to generate income and address issues. Thus, the right choice is an option (c.) to create wealth/solve problems.
What exactly does the term "innovation" mean?The actual execution of ideas that result in the introduction of new goods or services or improvements in the delivery of goods or services is referred to as innovation. Innovation is defined as "a new or altered entity realizing or dispersing value." Others have distinct meanings; the focus on newness, improvement, and dissemination of ideas or technology is a common aspect in the definitions. Innovation frequently occurs through the creation of more efficient goods, processes, services, technologies, art works, or business models that innovators make available to markets, governments, and society.
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the coca-cola company collects and analyzes data sales as well as social media, vending machines, and self-serve soft drink fountains that permit customers to mix their own drinks. analysis of these data identified the most popular combination mixed at self-serve fountains was sprite with cherry shots, so the company introduced cherry sprite as a new flavor of canned soft drink. these data are examples of
Cherry Sprite was made available as a different taste in canned soft drink by the firm. Examples of external data include these data.
What is external data?Information that comes from elsewhere in the company and therefore is easily accessible to the general public is referred to as external data. A corporation can improve its grasp of the environment in which it operates by using external data.You may learn more about what your competitors are doing by using external data sources. You can also learn how market dynamics, consumer behavior trends, as well as the weather can affect your performance.Information, statistics, and trends that businesses learn through their operations are referred to as internal data. Businesses can recognize, take note of, and even discuss sales trends, customer behavior patterns, software usage patterns, operational lessons, and survey data.To learn more about external data refer to :
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true or false: the iso needs to gauge whether the loss of sa by the working responders is leading to a trap, unacceptable risk-taking, or both, but must also remember that the urgency of task completion is essential.
The iso must assess whether the working responders' loss of sa is causing them to fall into a trap, take inappropriate risks, or both, but they must also keep in mind that doing the assignment quickly is crucial, which is accurate according to the book and untrue according to the quiz.
Representatives from the national standards organizations of member nations make up the International Organization for Standardization, an international organization that develops standards. Article 3 of the ISO Statutes outlines the qualifications for membership.
The manufacture of wine glasses, food safety regulations, and thermometer calibration are a few examples of ISO standards in action. Additionally, musical pitches, security management, and environmental management are all covered by ISO standards.
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a balanced scorecard (bsc) is used to measure the performance of the simulated business. which indicators are used in the calculation of the bsc? choose all that apply.
The choices are all valid. A balanced scorecard (BSC) is used to assess the effectiveness of the fictitious company.
A balanced scorecard (BSC) is what.A strategic management performance indicator known as the balanced scorecard (BSC) is used to identify and enhance various internal business activities and the results they have on the outside world. Balanced scorecards are a widespread tool used by businesses in the United States, the United Kingdom, Japan, and Europe to measure and provide feedback to organizations.
In order to produce quantitative results, data collection is essential because managers and executives must gather and analyze the data. The decision-making of company personnel for the future of their organizations can be improved with the help of this information.
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Correct Question:
A balanced scorecard (BSC) is used to measure the performance of the simulated business. which indicators are used in the calculation of the BSC? choose all that apply.
Customer Retention
Total Performance
Market Performance
Marketing Effectiveness
while discussing the preliminary feasibility of a project, your colleague insists that figures used in the economic feasibility analysis be very accurate down to the last cent. his claim is appropriate and not uncommon. group of answer choices true false
While discussing the preliminary feasibility of a project, your colleague insists on the accuracy of the data used in the economic feasibility analysis down to the last cent. His assertion is appropriate and not unusual. It is false. Thus, the right answer is false.
What is a preliminary feasibility study?A preliminary feasibility study is used in due diligence work to assess whether to proceed with a thorough feasibility study and as a "reality check" to identify project areas that need greater attention. Once conceptual or preliminary engineering and mining design are accomplished, preliminary feasibility studies are conducted by incorporating known unit prices and calculating gross dimensions or quantities. A small group of multi-disciplined technical professionals execute preliminary feasibility studies with an accuracy of 20-30%.
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Pretend the first quarter statistics of 2022 show the US economy has an increase in inflation of 8.4%. In the first quarter, GDP has increased by 4.2% annual rate, and the unemployment rate is falling and hit 3.5%. As an economic advisor to the Federal Reserve, what advice would you give to Jerome Powell with regards to the tools of monetary policy. Write a paragraph explaining your recommendations, describing how three of the four tools (your choice which ones you use) will work to change aggregate demand and affect the other economic indicators listed above. Be sure to describe what needs to be done with each tool and the outcome it will produce.
There are a few important economic elements that can affect aggregate demand. Decisions made by consumers and businesses will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
What aggregate demand impact to the economic indicators?There are a few significant economic elements that can impact aggregate demand. Consumer and corporate decisions will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
Therefore, The changes along the aggregate demand curve are mostly caused by price. The actual money supply shrinks as the price level rises, which forces an increase in interest rates.
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congratulations! you were the 10th caller on the kmth morning show and you just won $4,000.00. after you calm down, you decide to put the money into a bank account so that you will have even more money for a trip to europe. snurling bank tells you that they will pay 10% per year compounded monthly. how much money will you have for your trip in 2 years? a) $4,880.56 b) $4,884.56 c) $4,881.56 d) $4,879.56 e) $4,877.56 f) none of the above.
Compound interest is the idea that interest is earned on top of interest from that point forward by adding accumulated interest back to the principal amount. Here, a month's worth of compound interest is calculated (time period). As a result, the time period is 12 times, and the interest rate is divided by 12.
The scenario states that the computation of the provided data is as follows:
The current value is $4000.
Rate = 7%
Monthly compound rate equals 10% times 12.
Duration = 2 x 12 = 84
So, using a financial calculator, we can estimate the value in the future.
FV = $4,884.56
Principal multiplied by one plus the interest rate divided by the number of periods, raised to the power of the number of periods, and that whole subtracted from the principal amount to yield the interest amount, is how monthly compounding is calculated.
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an inferior good is one for which in buyers' income causes . question 4 options: a) a decrease; a decrease in demand b) an increase; an increase in demand c) an increase; no change in demand d) an increase; a decrease in demand
When people's incomes increase, the desire for lesser goods decreases. When wages are low or the economy is in decline,
What is a quizlet with inferior goods?inferior products In economics, a good is considered inferior if its demand drops as consumer income increase (or increases ) as opposed to normal goods, which show the reverse trend. The term "inferior goods" refers to products whose demand declines as income rises. For instance, if the demand for "jaggery" falls as income rises, "jaggery" is a lower-quality good. Demand for inferior items is negatively income elastic, and the income and substitution effects operate counter to one another. Demand falls off as income rises.
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kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to help fund it. its common stock is currently selling for $33.35 per share, and it is expected to pay a dividend of $1.36 at the end of next year. flotation costs will represent 8% of the funds raised by issuing new common stock. the company is projected to grow at a constant rate of 9.2%, and they face a tax rate of 25%. what will be the wacc for this project? (note: round your intermediate calculations to two decimal places.) grade it now save
WACC is the average rate that a company expects to pay to finance its assets. The WACC for this project will be 13.404%.
The weighted average cost of capital (WACC), which includes common stock, preferred stock, bonds, and other types of debt, is the average after-tax cost of capital for a company. The WACC is the typical interest rate that a business anticipates paying to finance its assets.
Because WACC expresses the return that both bondholders and shareholders require in order to provide the company with capital in a single value, it is frequently used to calculate necessary rate of return (RRR).
The model can me modified to determined the cost of equity having flotation cost as follows:
Cost of equity = D(1+r )/P(1-f) + g
d- dividend, p- price of stock , f - flotation cost , - g- growth rate
Cost of common stock for Kuhn
D(1+r) =1.36 , g- 9.2%, P= 33.35, f-8% g-9.2%
Cost of common stock = 1.36/(33.35× (1-0.08)) + 0.092= 13.404%.
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advocates say that fixed exchange rates can help a country deal with economic crises. true or false
False.
The given statement 'advocates say that fixed exchange rates can help a country deal with economic crises' is False.
A nation's economy suffers through an economic crisis when it abruptly decreases in power, generally due to a financial crisis. A recession, depression, or stagnation may result from an economic crisis.
When some financial assets lose a large part of their face value due to a financial crisis, it is considered a economic crisis. There were many recessions that coincided with bank panics during the 19th and early 20th centuries. Inflation, currency crisis, or financial/banking crisis are some examples of economic crises that slow down economic activity.
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1. what are the differences between bottom-up and top-down approaches to security valuation? what are the advantages of a top-down approach?
The top-down approach analyzes risk by aggregating the impact of internal operational failures while the bottom-up approach analyzes the risks in an individual process using models.
The top-down management strategy is one in which decisions are made at the highest level and then communicated to the remainder of the team. This approach may be employed at the project, team, or even business level, and can be tailored to the demands of the specific group.
The Martha Stewart Living company, for example, is owned and managed by lifestyle expert Martha Stewart. As a result, Stewart makes the decisions, holds the most equity in the company, and drives brand awareness due to her worldwide popularity.
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In this week’s episode of saving sara, you saw that getting a job promotion doesn’t necessarily create a leader. Both a management approach and a leadership approach were taken by sara to handle a situation. Watch both examples and describe the differences between management and leadership. Then, focus on one leadership trait that sara exhibited. What advice would you give sara to improve on that specific trait?.
Leadership and management square measure 2 necessary parts that a brand new charge nurse should distinguish between to become an honest leader.
Leadership is the capability of motivating coworkers to own a sure-fire outcome in work, whereas management is that the method of organizing and coordinating coworkers (ATI, 2019). One look at the eventualities, a lot of effective approaches on my behalf was leadership because it shows a lot of respect and dignity towards coworkers.
This was seen in the situation wherever the charge nurse had oral communication with the team, deciding the steps to deliver the goods and an honest score. It was apparent that each party was content with the results of the oral communication.
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primary costs to the company, such as payments to artists and staff who maintain the threadless website, come out of which budget? multiple choice capital budget cash budget operating (or master) budget long-term budget short-term budget
Primary costs to the company, such as payments to artists and staff who maintain the threadless website, come out of Operating budget.
What's an operating budget in an association?
Put simply; an operating budget outlines an association's profit and charges for a financial time. An operating budget is essential for your association because it helps organize short- term pretensions.
Why is an operating budget important?An operating budget helps you plan for the day- to- day operations of your business so you do not run into a fiscal gutter. Although utmost budgets are written a time in advance and are grounded on protrusions, yearly or daily tweaking keeps you more finely tuned to how it actually unfolds.
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7. what is nash equilibrium of this price-setting game? a. grocery store 1: low price grocery store 2: lowprice b. grocery store 1: low price grocery store 2: highprice c. grocery store 1: high price grocery store 2: lowprice d. grocery store 1: high price grocery store 2: highprice
A situation known as "nash equilibrium" in game theory is one in which, after taking into account the strategy of the opponent, a player will continue with their chosen strategy without any incentive to alter it.
In this game about cleaning a dorm room, what is the Nash Equilibrium?
consumers will pay less. The fact that oligopolists have incentives to increase production above the monopoly outcome despite the fact that the monopoly outcome is advantageous to them demonstrates the paradoxical nature of oligopoly.
What is Nadia's most effective tactic?
Depending on Maddie's decision, Nadia has two dominant strategies: Clean and Don't Clean.
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a change in the money supply will change investment when group of answer choices the money supply is a function of the price level. investment is interest-sensitive. investment depends only on the level of gdp. investment is interest-insensitive.
The quantity of money that is in circulation at a given time is referred to as the money supply. Due to the connection between money and macroeconomic variables like inflation, changes in the supply of money are closely monitored.
Right response: D
An asset that is bought with the intention of earning money in the future is called an investment. When the investment is interest-sensitive, fluctuations in the money supply will alter the investment.
What are the various types of money supply?The term "money supply" refers to both the amount of money that can be included in an economy and the amount of money that is available to a nation's population. There are two components that make up the money supply: banks' demand deposits and currency. There are two ways the currency is made: coins and paper money.
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