The receivable balance in each of the aging categories is multiplied by a reserve rate to determine the allowance for uncollectible accounts (see table below). Older receivables have a greater reserve rate since there is a lower likelihood that they will be recovered.
Which two techniques are used to estimate the provision for uncollectible receivables?The two most popular methods for estimating uncollectible accounts are the accounts receivable aging approach and the percentage of sales method.
How does writing down uncollectible accounts receivables when utilizing the allowance approach effect the accounts on the?According to the allowance approach, a written-off account will cause the allowance for doubtful accounts to increase and the net accounts receivable to fall. The net accounts receivable will therefore stay the same.
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when new firms are encouraged to enter a monopolistically competitive market group of answer choices they do so because there is insufficient product differentiation. the marginal cost curve facing an existing firm shifts downwards. the demand curve facing an existing firm shifts to the right. some existing firms must be earning economic profits.
When new firms are encouraged to enter a monopolistically competitive market some existing firms might be earning economic profits.
So, the correct option is D.
Long-term, perfectly competitive as any new company will only enter a monopolistically competitive market if it believes there will be a net economic gain for the sector. The fact that the price paid by the business is more than its average total cost of production draws new businesses because of this profit. As new businesses enter the market, the demand for the goods of the established business becomes more elastic, and the demand curve moves to the left, lowering the price.
All gains that are above average fade with time. Since entry is simple and profits are favorable, new businesses enter the market. Due to the increased competition brought on by this, incumbent businesses are seeing a decline in demand. Prices fall, as a result, resulting in a loss of all earnings.
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which of the following costs is not deductible as an itemized medical expense? a) the cost of eyeglasses b) payments to a hospital c) transportation for medical purposes d) the cost of insurance for long-term care services e) all of these choices are deductible as medical expenses.
The cost of eyeglasses is not deductible as an itemized medical expense.
An expense is defined as any item that necessitates the payment of money, or any form of fortune in general, to another person or group in exchange for an item, service, or another category of costs. Rent is an expense for a tenant. Tuition is an expense for both students and parents.
While a cost is typically a one-time payment, an expense is best defined as a sum paid on a regular basis to support ongoing business operations. These payments are critical to a business's ability to generate revenue.
Hence, the correct answer is "A".
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what are the likely reason(s) that the market for electricity is not perfectly competitive? select all that apply. instructions: you must make a selection for each option. click once to place a check mark for correct answers and click twice to empty the box for wrong answers. check all that apply it is difficult to enter or exit the industry as a supplier.unanswered electricity is not a standardized (homogeneous) product.unanswered there are few buyers in the market.unanswered there are few sellers in the market.unanswered
In a perfect market structure, both producers and consumers have complete and symmetrical information and there are no transaction costs. In this type of scenario, a sizable number of producers and customers are in competition with one another.
Theoretically, a market with perfect competition is not monopolistic. In the market, there aren't many purchasers. It is challenging for suppliers to enter or leave the market. There are many buyers and sellers in a market with perfect competition, and they all start the exchange process.
The market is unrestricted and devoid of direct rivalry. It is presumptively true that all vendors are offering uniform or homogeneous goods. One standard or ideal type to which actual market structures can be contrasted is perfect competition.
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dawn wants to join a new gym. she has seen flyers campus that promote a new gym in town. dawn decides to use the one free pass presented on the flyer to try out the gym to see if it will meet her needs. what stage of the consumer adoption process does this represent?
Product awareness, interest in the product, product evaluation, product testing, and product adoption are the five stages.
Consumers look for information about the product at this stage of the adoption process, which is known as the interest (information-gathering stage). Evaluation (step of consideration): The consumer chooses whether or not to try the new product at this point in the process. The process of consumer adoption begins with the product awareness stage. It describes the time when a potential consumer first learns about your good or service and begins to think about buying it. It's time to formally register your interest in becoming an adoptive parent and go through the first round of checks, now referred to as Stage One, once you have found an agency that you feel comfortable with.
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what name do we use to refer to the buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon?
We refer buying and selling of spices that also made it possible to cultivate, prepare, and transport everything from ginger and turmeric to cardamom and cinnamon as a Spice trade.
The spice trade, an industry with ancient roots and significant cultural and economic impact, involves the cultivation, preparation, transportation, and marketing of spices and herbs. In the case of the spice routes, the connections were created by merchants moving goods from port to port. They primarily and profitably traded spices, which gave the routes their name.
Early on, the spice trade was connected to overland routes, but sea routes ultimately contributed to the trade's expansion. By keeping their products' provenance a secret, Arabic spice traders could command higher prices by making up fantastic tales about having to fend off fierce birds of prey in order to reach spices that were growing high up on cliff faces.
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the target capital structure of a firm is the capital structure that a. minimizes the operating risk of the firm's assets. b. maximizes the tax shield created
The target capital structure of a firm is the capital structure that tends to maximize the price of the firm's stock.
So, the correct option is E.
The capital structure that a company is aiming to acquire is referred to as its target capital structure. To put it another way, "target capital structure" refers to the proportion of debt, preferred stock, and common equity that is anticipated to maximize a company's stock price. The creation of a target capital structure has as its goal the maximization of a company's market value.
In doing so, the board of directors and senior executives seek to identify the financial strategies that can raise a company's share price. Industry leverage, profitability, firm size, growth prospects, asset tangibility, anticipated inflation, and stock market return are the main variables influencing capital structure decisions that need to be looked into.
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The question is incomplete. So, the complete question is:
The target capital structure of a firm is the capital structure that:
A. minimizes the default risk of long-term debt.
B. minimizes the operating risk of the firm's assets.
C. maximizes the dividends paid to common stockholders.
D. maximizes the tax shield created by debt.
E. maximizes the price of the firm's stock.
which it leadership role is a relatively new position and emerged as a result of the growing interest in adopting clinical information systems and leveraging those systems to improve care?
Chief scientific records officer role is a rather new function and emerged as a end result of the growing interest in adopting scientific records structures and leveraging these systems to improve care.
A chief scientific data officer (CMIO) is a healthcare govt who is accountable for managing the health informatics platform and working with medical IT personnel for supporting efficient design, implementation and usage of healthcare technologies. It is a surprisingly new role in the healthcare space.
Is CMIO still relevant?SINGAPORE – Amid calls from a number quarters for Singapore to ditch its long-standing Chinese-Malay-Indian-Others (CMIO) framework, a survey has shown that the mannequin is nevertheless relevant as Singaporeans - which includes younger ones - nonetheless fee the importance of race, its researchers say.
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https://brainly.com/question/8683920#SPJ4gloria is a tax accountant, who is very busy from january to april 15, which is the tax return filing deadline. she feels that she must work very long hours during this tie to meet the april 15 deadline for all of her clients. gloria is experiencing
Gloria is experiencing Pressure as she feels that she must work very long hours during this tie to meet the April 15 deadline for all of her clients.
Why is feeling pressure for filing tax return?
People having certain amount of taxable income and whose accounts are not liable to audit must file an Income Tax Return. If it exceeds a certain amount say Rs. 5 lakh, it is mandatory to file the return online or offline.
Busy corporations, Individuals and people who don't have enough time and knowledge opt for tax accountant , which help individuals and companies prepare and file accurate tax returns that meet all legal standards. Gloria being a tax accountant and dealing with a lot of clients need to fulfill things clearly and legally otherwise fine and legal issues would be dealt by clients.
Hence, Gloria is experiencing Pressure as she feels that she must work very long hours during this tie to meet the April 15 deadline for all of her clients.
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the position that the free market and free trade rather than the state are the main mechanisms for ensuring economic growth is associated with which theorist?
According to Adam Smith's theory, the fundamental mechanisms for assuring economic growth are the free market and free commerce rather than the state.
Why is the free market the most effective economic system?
It supports both economic expansion and transparency. It guarantees competitive markets. Because their choices affect which goods or services are in demand, consumers' voices are heard.
Supply and demand foster competition, which makes it more likely that customers will receive the finest products or services at the lowest possible cost. In a free market, supply and demand determine prices without interference from the government or monopolistic behavior.
Therefore, the free market and free trade rather than the state are the main mechanisms for ensuring economic growth.
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the occupational safety and health act gives workers the right to a job: group of answer choices with equal wages for similar kinds of work. with wages that enable an employee to enjoy a decent standard of living. that is free from recognized hazards that are likely to cause death or serious injury. that does not require them to lift, bend, or move items at any time on the job.
The occupational safety and health act(OSHA) gives workers the right to a job "that is free from recognized hazards that are likely to cause death or serious injury".
The main goal of the OHSA is to establish the legal framework necessary for us to carry out our mission of providing a healthy and safe workplace by stipulating rights and obligations for all individuals involved in the workforce.
This will help to build a solid internal accountability system on the job. By setting and enforcing rules, providing training, communication, information, and support, it seeks to promote safe and healthy working environments for both men and women.
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which is most likely to result in an increase in pollution? an increase in gdp switching from inland to offshore oil drilling a shift from subsistence energy sources to natural gas an increase in affordable health care
Offshore oil drilling a shift from subsistence is most likely to result in an increase in pollution. Three primary human activities are associated with pollution: the burning of fossil fuels, particularly by industry and transportation.
The use of artificial fertilizers and pesticides in agriculture; and the expanding use and complexity of chemicals. Additionally, long-term exposure to air pollution can harm a person's nerves, brain, kidneys, liver, and other organs. Some scientists think that birth abnormalities are caused by air pollution. In addition to hindering economic development industry and considerably accelerating climate change, pollution also exacerbates poverty and inequality in both urban and rural areas. The most pain is always experienced by the poor, who cannot afford to protect themselves against pollution's harmful effects.
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the purpose of segregating the duties of distributing payroll checks and hiring personnel is to: multiple choice
The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate (a) the authorization of transactions from the custody-related assets.
Separation of Functions (SOD) A fundamental component of effective risk management and internal corporate controls is segregation of duties (SOD). The foundation of the SOD principle is shared accountability for a crucial process, which distributes its essential tasks to multiple parties or departments.
Examples of segregating tasks include Checks shouldn't be in the hands of the person who manages and reconciles the accounting records. It is not recommended that the person who opens the mail and creates a list of the checks received also makes the deposit.
Full Question :The purpose of segregating the duties of hiring personnel and distributing payroll checks is to separate the:
a. authorization of transactions from the custody of related assets.
b. operational responsibility from the recordkeeping responsibility.
c. human resources function from the controllership function.
d. administrative controls from the internal accounting controls.
please help me this is so tricky…
List two reasons why time is important to consumers.
(THIS IS FROM MY TEST FROM FRIDAY BUT TODAY I’M COMPLETING THIS UNTIL MONDAY BUT YOU CAN STILL GIVE ME THE ANSWER)
Explanation:
1. Without time a consumer cannot make purchases
2. It allows a consumer ger their debit alert to know how much they bought
you open the newspaper and read that europe is headed for a recession. use the fed model to forecast what you expect to happen to the u.s. economy. a. a european recession is a macroeconomic shock that decreases u.s. aggregate expenditure, due to a decrease in net exports . b. demonstrate the effects of the macroeconomic shock, using the is-mp framework.
You open the newspaper and read that Europe is headed for a recession, use the fed model to forecast and the expect to happen to the U.S economy was European recession is a macroeconomic shock that decreases U.S aggregate expenditure, due to a decrease in net exports . The correct option is (A).
What do you mean by the recession?
A prolonged period of weak or negative real GDP (output) growth that is accompanied by a noticeably higher unemployment rate is known as a recession. During a recession, a lot of other economic activity indices are similarly weak.
According to Pugliese, unemployment frequently increases during recessions, and total employment levels may even decline.
Additionally, GDP growth typically slows down during recessions as a result of decreased employment and consumer demand, which results in lower production of goods and services.
Therefore, you open the newspaper and read that Europe is headed for a recession, use the fed model to forecast and the expect to happen to the U.S economy was European recession is a macroeconomic shock that decreases U.S aggregate expenditure, due to a decrease in net exports .
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as you consider which communication channels to use, analyze the nature of the bad news. in research from medical and social psychology literature, researchers have identified three aspects of bad news that impact how you approach delivering it: severity, controllability, and likelihood. as controllability decreases and likelihood and/or severity increase, richer channels of communication are most appropriate. for example, laying someone off should certainly be done in person. there is no controllability (the employee cannot undo being laid off), there is complete likelihood, and there is high severity (the employee will be unemployed and potentially without income and other benefits such as health insurance). when bad news becomes more controllable, less likely, and/or less severe, less rich channels are more often justified. read the case below and answer the questions that follow. you are in the role of a manager with a lot of bad news to share today. in your current position, you're often required to deliver bad news, but rarely as much as today. you need to discontinue an account with a supplier, give a negative performance review, possibly lay off an employee, announce a change in policy that may negatively impact sales reps, and announce the possibility of workforce reduction in the future. you've decided that you probably need to lay off one of your employees. he has consistently accessed inappropriate websites that are clear violations of the company's internet policy. you gave him an official warning a few months ago. yet, he has continued to violate the internet policy. you've asked him to meet with you to discuss these violations and his employment status. this bad news is best classified as what? multiple choice high likelihood, medium severity, high controllability low likelihood, medium severity, medium controllability high likelihood, high severity, low controllability high likelihood, low severity, high controllability
The most appropriate categorization for this awful news is a high likelihood, high severity, and limited controllability.
The likelihood is very high. You've concluded that there's a good chance this employee will be let go. The severity rises. The worker's employment is in danger. Not only would he lose his job if he is dismissed, but it will also be more challenging for him to get another one.
Even if he manages to preserve his work, his reputation has suffered greatly. The employee is less subject to control. Whether he maintains his job or not, he will suffer at this point. He will struggle to repair his reputation as a persistent violator of Internet rules.
The term "categorization" describes a grouping that makes it simpler to navigate between articles. There has to be a categorization of online news.
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what are some key benefits of soliciting project proposals from stakeholders throughout, and possibly outside, the company? multiple select question. to encourage competition between internal and external stakeholders. a request for proposal (rfp) can be used to take a concept and ask an outside company to develop the project. good ideas are not limited to just upper management.
One of the main advantages of asking for project proposals from stakeholders across the organization, and possibly from outside the company, is that good ideas are not exclusive to high management.
How would you define management?Management is the process of carrying out the work or activity required to achieve an organization's objectives in an effective and efficient manner. The management functions are implied by the process. Planning, organizing, staffing, directing, and managing are therefore involved.
What role does management play?A manager's job is to give all efforts to achieving organizational objectives general direction and guidance. Increasing effectiveness: Management aids in boosting the effectiveness of the company by
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What is required by law if you own a car?
A: Drivers license
B: New tires
C: Insurance
D: Fog lamps
lg electronics recently introduced the fridge-tv with a 15-inch television screen mounted in the right-hand side refrigerator door. this is an example of which type of innovation?
This is an example of dynamically continuous innovation.
Innovation is the practical implementation of thoughts that bring about the advent of the latest items or offerings or improvements in supplying goods or services.[1] ISO TC 279 inside the general ISO 56000:2020 [2] defines innovation as "a brand new or modified entity realizing or redistributing fee". Others have unique definitions; a common element in the definitions is a focal point on newness, development, and the unfolding of thoughts or technology. Innovation often takes vicinity thru the development of more-powerful merchandise, methods, services, technologies, artistic endeavors [3] or business models that innovators make to be had to markets, governments, and society. Innovation is related to, however no longer similar to, invention:[4] innovation is greater apt to involve the sensible implementation of an invention (i.E. New/improved capacity) to make a significant effect in a marketplace or society,[5] and now not all improvements require a brand new invention.
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garrett is graduating from college in twelve months, but he will need a loan in the amount of $6,785 for his last two semesters. he may either receive an unsubsidized stafford loan with an interest rate of 6.8%, compounded monthly, or his parents may get a plus loan with an interest rate of 7.8%, compounded monthly. the stafford loan has a grace period of six months from the time of graduation. which loan will have a higher balance at the time of repayment and by how much?
The loan from his parents will have higher balance of $69.7, compared to the loan from the university.
Formula for the future value:
FV = PV (1 + r)ⁿ
Where:
PV = present value
r = interest rate per period
n = number of periods
Loan from the university:
interest rate/month = 6.8%/12 = 0.0057
At grace period, usually it is interest-free.
Hence,
FV = 6,785 (1 + 0.0057)¹²
= 7,263,9
Loan from parents:
interest rate/month = 7.8%/12 = 0.0065
Hence,
FV = 6,785 (1 + 0.0065)¹²
= 7,333,6
Therefore, the loan from his parents has higher balance by (7,333,6 - 7,263,9) = $69.7
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calculate bond price if the coupon payment is 5%, yield for the bond is 3%, bond's face value is 1,000 and matures in 19, if paid semi-annually
The bond price will be $1228.05 if it is paid semi-annually in which coupon payment is 5%, the yield for the bond is 3%, the bond's face value is 1,000, and matures in 19.
What is a bond?A bond is a bond that represents a loan made by an investor to a borrower (usually a company or government). A bond can be thought of as a promissory note. Between the lender and the borrower, it contains the details of the loan and its payment. Bonds are used by corporations, local governments, states, and sovereign governments to fund projects and operations. Bonds are owned by creditors or creditors of the issuer.The details of a bond include the termination date at which the principal of the loan is paid to the bondholder and typically include variable or fixed rate payment terms by the borrower.It is a unit of corporate bonds issued by a company and securitized as a tradable asset.bonds are called fixed-income securities because they traditionally pay a fixed interest rate (coupon) to the holder.Bond prices are inversely proportional to interest rates:When interest rates rise, bond prices fall, and vice versa.There are different types of bonds such as:government bondszero coupon bondscorporate bondsmunicipal bondsagency bondsTo know more about how to calculate bonds refer to:
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while sales representatives have traditionally worked alone, they now work more and more in teams because:
Customers now require comprehensive solutions rather than discrete purchases due to the complexity of goods and services.
What are the duties of a sales representative?The sales representative is in charge of soliciting orders from current or potential sales outlets while selling products and attending to customer demands.When a consumer makes a purchase, they make sure they are satisfied and well taken care of.producing leads.reaching or surpassing sales targets.all contracts with potential customers are negotiated.assisting in the creation of pricing outlines for quotations, promotions, and bargaining. making monthly and weekly reports.giving sales presentations to several potential customers.To learn more about sales representative refer,
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a software company issues shares of stock to the public for the first time in order to raise funds for a planned product expansion. what financial market is the company participating in? primary capital market primary money market secondary money market secondary capital market
A software company issues shares of stock to the public for the first time in order to raise funds for a planned product expansion. what financial market is the company participating in Primary capital market.
Shares and stock are two terms that are often used interchangeably, but they actually refer to two different things. Shares refer to a unit of ownership in a company, while stocks refer to a collection of shares that are traded on a stock exchange.
When you buy shares in a company, you are buying a small piece of that company and becoming a shareholder. When you buy stocks, you are buying a bundle of shares in multiple companies.
Hence, the correct option is "First".
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large warehouse-style grocery chains are able to offer lower prices due to having lower average costs. this is thanks to
large warehouse-style grocery chains are able to offer lower prices due to having lower average costs. this is thanks to Bulk Buying.
Mass buying, often known as bulk buying, is the practice of purchasing something in significantly larger numbers than usual at a discount from the going rate per unit.
Selling products in bulk to retail merchants at low unit costs is known as wholesaling. If the retailer agrees to buy a considerably larger number of units, the wholesaler will accept a somewhat lower sales price per unit in order to maximize profit. Typically, a wholesaler represents a manufacturing facility. As the volume of products sold rises, the factory owners can leverage economies of scale to boost profits.
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according to keynesian economic theory, what kinds of actions should government take to achieve full employment?
The implementation of an expansionary fiscal policy by the government is recommended by Keynesian economic theory.
What does the term "fiscal policy" mean?Fiscal policy is the term used to describe how the government uses taxation and spending to influence the economy. Governments frequently utilize fiscal policy to promote strong, long-term development and to reduce poverty. Fiscal policy's key objectives include ensuring economic security, maintaining price stability, achieving high employment rates, allocating resources as efficiently as possible, accelerating development, encouraging investment, and boosting capital formation and expansion.
Please provide some examples of fiscal policy.Expanding fiscal policy mostly takes the form of lower taxes and higher government spending. These two policies both seek to increase general demand while diminishing budget surpluses or increasing deficits.
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balin recently lost his job as a dog trainer because of a recession. he is seeking a new job, but his prospects appear dim until the economy recovers. based on this description, balin is best described as:
Balin, a dog trainer lost his job due to recession. He is looking for a new job, but there is no luck until the economy recovers. Hence, he is Balin cyclically unemployed.
Give a brief account on cyclical unemployment.Cyclical unemployment is the amount of overall unemployment that is specifically brought on by periods of economic expansion and contraction. Typically, unemployment rises during recessions and falls during expansions. Reducing cyclical unemployment during recessions is one of the primary motivations for studying economics and the goal of the numerous policy options employed by governments to stimulate the economy.
Cyclical unemployment is defined by economists as the situation that arises when firms don't have enough demand for labor to hire all those who are looking for work at that particular stage of the business cycle. The corporation will release any employees who are no longer required, which will result in their unemployment.
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A sales representative sells products from two competing companies without disclosing to either company. Which agent duty owed to a principal applies to this situation?.
By selling products from two competing companies without disclosing to either company, the principal duty that is applied to this situation is conflict of Interest.
In the field of business, a conflict of interest can be described as a situation where the employee chooses a personal gain over his responsibilities as a worker of a company. He might produce a negative impact for the company while gaining for something personal.
In the scenario above, by working for two rival companies at the same time, the sales representative is choosing a personal gain over his responsibility as an employee to both the companies.
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garth is an assembly line worker for a major automobile manufacturer. when he was first hired for the job, he did not have any specific training or skill. garth joined a union with other assembly-line workers who perform a variety of jobs that do not require a highly specialized skill. garth belongs to a(n)
Garth joined a union with other assembly-line workers who perform a variety of jobs that do not require a highly specialized skill. Garth belongs to a(n) industrial unions.
What is industrial unions?Industrial union, a type of trade union that unites all employees—skilled and unskilled—working in a specific industry. The adage "one shop, one union" is at the center of industrial unionsThe United Automobile Workers is a prime illustration of a conventional industrial union (UAW).In all of the major American automakers, it represents skilled craft workers, assembly-line workers, and unskilled workers. Each of these companies' employees are subject to separate contracts negotiated by the UAW.An industrial union is one that, for organisational purposes, covers all employees, skilled or not, in a specific industry (such as steel, automobile, or textile). The union's membership determines its ability to bargain.To learn more about industrial unions from the given link :
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which of the following will most likely occur during the contractionary phase of a business cycle? group of answer choices real gdp rises, and the unemployment rate falls. real gdp declines, and the rate of inflation rises. the sales of most businesses decline, and the unemployment rate rises. inflation rises, and employment/population ratio falls.
The majority of businesses report declining sales, and the unemployment rate is rising.
What happens in the contractionary phase of the business cycle?Business activity slows down, unemployment rises, and the economy is in trouble during a contraction.The average length of a recession is one year, though it can be longer or shorter.Following the peak and lasting until the trough, the business cycle enters its contraction phase. Businesses start to slash spending and production-related costs during the contraction phase.As the demand for goods and services starts to decline, workers may be subject to layoffs during the contraction stage of the business cycle. Contraction: The period of time from the peak to the trough is referred to as a contraction.It is a time when economic activity is declining.Indicating that businesses have scaled back their activities are rising unemployment rates, stocks entering a bear market, and GDP growth below 2% during a contraction.To learn more about business cycle refer
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if the economy is growing, firms with low operating leverage will experience . a. higher increases in profits than firms with high operating leverage b. similar increases in profits as firms with high operating leverage c. smaller increases in profits than firms with high operating leverage d. no change in profits e. none of the above
If the economy is growing, firms with low operating leverage will experience higher increases in profits than firms with high operating leverage.
A company's operating leverage ratio expresses its fixed costs as a share of its overall expenses. It is employed to assess a company's breakeven point as well as the likely profit margins on individual sales. The two following scenarios show a company with high operating leverage and a company with low operating leverage.
A region's economy is its capacity for the creation, exchange, and consumption of goods and services. Generally speaking, it is described as a social domain that places an emphasis on the practices, discourses, and material manifestations connected to the production, use, and management of scarce resources. Individuals, companies and organisations all qualify as economy agents. Production, which uses natural resources, labor, and capital, is what drives economic activity.
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(time-based competition) is effective for shortening time to introduce a new product to the market. a. recycling b. remanufacturing c. design for logistics d. concurrent engineering
Concurrent engineering is effective for shortening time to introduce a new product to the market.
Concurrent engineering is a methodology used to optimize the design and development process of a product or system by concurrently considering all aspects of the design, including function, form, manufacturability, assembly, serviceability, and cost.
The concurrent engineering approach seeks to identify and resolve potential problems early in the design process, before the product or system is finalized. It is efficient and cost-effective.
Hence, the correct option is "D".
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