The total revenue curve (tr) for the local pizza parlor slopes upward to the right indicating a direct relationship between the quantity of pizza slices per day and total revenue. The slope of this tr curve is 3 which means selling 100 more pizza slices per day adds $ 300 to total revenue. If 400 slices of pizza are sold per day, tr is equal to $ 1,200 to generate total revenue of $1,500 per day, the pizza parlor must sell 500 slices of pizzas.
The Total Revenue (TR) curve for the local pizza parlor slopes upward to the right, which indicates a positive relationship between the quantity of pizza slices sold per day and total revenue. This means that as the quantity of pizza slices sold increases, the total revenue generated by the pizza parlor also increases.
The slope of the TR curve is positive. As $900 is generated by selling 300 pizzas.
Slope = 900/300 = 3
Which means that for every 100 additional pizza slices sold, the total revenue generated by the pizza parlor increases by
= 3*100 = $300
If 400 slices of pizza are sold per day, the TR is equal to
= 400*3
= $1200
To generate total revenue of $1,500 per day, the pizza parlor must sell
= 1500/3
= 500
--The question is not readable, answering to the question below--
"The total revenue curve (tr) for the local pizza parlor slopes upward to the right indicating a ____ relationship between the quantity of pizza slices per day and total revenue. The slope of this tr curve is ____ which means selling 100 more pizza slices per day adds $ ____ to total revenue. If 400 slices of pizza are sold per day, tr is equal to $ ___ to generate total revenue of $1,500 per day, the pizza parlor must sell ____ slices of pizzas."
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provide a defiition of logistics and a rationale for why is it important in private ccomapnaies and public organizaions
Logistics is the term used to describe the coordination and movement of resources, such as people, goods, inventories, and equipment, from one site to storage at the intended location. The transportation of supplies and equipment to troops in the field is referred to as logistics in the military.
Because it is a fundamental activity that deals with the movement and management of both the people and the resources needed to maintain the flow of goods from producers to final consumers, logistics is significant. Supply chain companies require robust logistical systems that have been designed, put through rigorous testing, and then optimized for maximum effectiveness if they are to successfully manage inventories, balance supply and demand, and assure customer satisfaction.
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a sportswriter wants to know how strongly columbus, ohio residents support building a new stadium for the local minor league baseball team, the columbus clippers. she stands outside the stadium before a game and interviews the first 25 people who enter the stadium. the newspaper asks you to comment on their survey of local opinion. you say
The sampling strategy is unbalanced. It will almost probably underestimate how much support there is overall among Columbus, Ohio people.
Who was Columbus, Ohio?
In the American state of Ohio, Columbus, which has the most residents, serves as the state capital. It is the second-most populous city in the Midwest, behind Chicago, and the third-most populated state capital in the country, according to the 2020 census, with a population of 905,748. The county seat of Franklin County, which includes parts of Delaware and Fairfield counties, is Columbus. It serves as the hub of the central Ohio region's Columbus metropolitan area, which spans ten counties. With a population of 2,138,926 in 2020, it was the 32nd-biggest city in the United States and the largest metropolitan area in Ohio.
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professor devine and her colleagues are interested in assessing whether active versus passive play causes a preference for sweet or salty foods in toddlers. they assign groups of children to either an active play, passive play, or no play group and record their food choices when presented with a variety of sweet and salty foods. in this study, is the independent variable and is the control group. A) Ben felt the hike was unwarranted.
B) Ben, though highly skilled, lacked ambition.
C) Ben was motivated by the prospect of extrinsic rewards.
D) Ben found his work to be routine and monotonous.
E) Ben was gunning for a position at the competing firm all along.
In this study, the independent variable is the type of play the children are assigned to (active play, passive play, or no play), and the control group is the no play group. Correct answer: letter B, C and D.
The other options you provided (A - E) are not relevant to the study.
The purpose of the independent variable is to test the hypothesis that active or passive play has an effect on the children's preference for sweet or salty foods.
To measure the effect of the IV, each group of children is given a variety of sweet and salty foods. The researchers then compare the food choices between the different groups to see if active or passive play has an influence on the children's food preferences. Furthermore, the researchers can also compare the results to a no play group to make sure that any differences observed are due to the IV and not from some other variable.
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T/F
Candidates for a defined-benefit plan indicate that the desire to provide an adequate standard of living in retirement outweighs the need to have an easily communicated and administratively simple plan.
The statement given" Candidates for a defined-benefit plan indicate that the desire to provide an adequate standard of living in retirement outweighs the need to have an easily communicated and administratively simple plan" is true. An employer or selected employee of a company is referred to as a plan sponsor.
This person creates the retirement plan on behalf of the company and its employees. On the other hand, the person appointed to run and manage the plan is known as the plan administrator. These plans are often managed by qualified managers, whose long-term investment plans lessen the effects of market volatility. employee in municipal and state governments gain significantly from defined sponsor plans. One benefit of offering these programmes is that it is simpler to find and keep talented personnel. Any advantages provided to employees in addition to their pay are considered benefits.
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is the method where a project manager reviews all individual tasks and rolls the tasks into manageable chunks that lead to a milestone.
Bottom up schedulling is the method where a project manager reviews all individual tasks and rolls the tasks into manageable chunks that lead to a milestone.
The process of organizing a team's efforts to complete a project within its constraints is known as project management.
Project documentation, which is typically created at the start of the development process, typically describes this information. Budget, time, and scope are the main restrictions. The second challenge is to allocate resources as efficiently as possible and to use those resources to carry out pre-established tasks.
To produce a finished project that complies with the client's objectives is the goal of project management. In many instances, the goal of project management is also to rewrite or alter the client's instructions so that they can realistically achieve the client's goals. Once the client's goals are known, they should guide all decisions that other project participants make.
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which of the following are likely outcomes of a competitive rivalry based entirely on price cutting?
Customers receive most or all value transfers, businesses struggle to turn a profit, and business investments decline.
What Is an Investment?
An investment is an asset or item acquired with the goal of generating income or appreciation. Appreciation refers to an increase in the value of an asset over time. When an individual purchases a good as an investment, the intent is not to consume the good but rather to use it in the future to create wealth.
An investment always concerns the outlay of some resource today—time, effort, money, or an asset—in hopes of a greater payoff in the future than what was originally put in. For example, an investor may purchase a monetary asset now with the idea that the asset will provide income in the future or will later be sold at a higher price for a profit.
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suppose that dave has $250 that he spends each month on x1 and x2. the price of x1 is $10. the price of x2 is also $10, but after he has bought more than 15 units of x2 the price falls to $5 (for each unit after the initial 15). value of a is , value of b is
There is no need to record transactions c and f in the journal. The following year, c will obtain services.
This transaction's journal entry is $27,000 debit from Chris Stosch’s account. Cash Account Credit. $5000. To Credit Payable Bills $22000.Because the truck is being purchased for personal use rather than for corporate purposes, it is a transaction of drawings. Drawings are defined as funds taken out of a business for personal use, which causes the owner's capital balance to drop. Because of the outflow of cash and the decline in the cash balance, the cash account is credited. The business's liability is its bills payable. because it is the money that the company owes its suppliers. There is no need to record transactions c and f in the journal. The following year, c will obtain services. The corporation as a legal entity is unaffected by the transaction in f.
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effective change management requires that managers:
A. focus on management innovation.
B. identify performance gaps by routinely assessing operational activities and performance.
C. delegate supervision of change management to staff. D. resist change and focus on the status quo. E. none of these is correct
Effective change management requires that managers B. identify performance gaps by routinely assessing operational activities and performance. It is because the manager should make sure that all of the activities is goes well.
In economic and business, The management generally can be defined as a single or group of individuals who challenges and oversees a person or collective group of people in efforts to accomplish desired goals and objectives. Management has a function and main role to plan, organize, monitor and also direct individuals. There are several types of management, such as classical management, scientific management, operations management, and also behavioral management. In the classical management, Prescribed universal procedures that are not appropriate in some settings.
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Using your spreadsheet from Part 1, assume the following information and change your spreadsheet setup /formulas as needed to solve for the missing values. (Remember, only use cell referencing and formulas). Relationship #1 Relationship #2 Relationship #3 Revenues 7 Beginning Retained Earnings 7 Assets 238,000 Expenses 34,500 Net Income 2 Liabilities Net Income 84,500 Dividends 19,500 Common Stock 41,500 Ending Retained Earnings 133,500 Retained Earnings ? Required: 1. Complete the table below based on your results: Revenues 119,000 Beginning Retained Earnings 68,500 Net Income (Relationship #2) 84,500 Llabilities 63.000 Retained Earnings (Relationship #3) 133,500 2. Which formula would be incorrect in arriving at Retained Earnings in Relationship #3? O =G18 O =J15 J16-17 O =G15 G16-G17
The equation "=G15 G16-G17" should not be used to calculate retained earnings in Relationship #3. "=G15+G16-G17" is the right formula to use when calculating ending retained earnings.
Completed the table below based on the results:
Revenues | 119,000
Beginning Retained Earnings | 68,500
Net Income (Relationship #2) | 84,500
Liabilities | 63,000
Retained Earnings (Relationship #3) | 133,500
The formula that would be incorrect in arriving at Retained Earnings in Relationship #3 is "=G15 G16-G17". The correct formula to calculate ending retained earnings is "=G15+G16-G17", where G15 represents beginning retained earnings, G16 represents net income, and G17 represents dividends.
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You notice that a program crashes at a specific time. Which tool can you use in Windows to discover the cause? even manager
Utilizing the Crash Analyzer in Microsoft Diagnostics and Recovery Toolset (Dart) 8.0, debug memory dump files on Windows-based computers.
After a computer crash, a debugging file is created to help you determine what went wrong. They are very useful for debugging, allowing you to identify the problem and resolve it to prevent further crashes. Can debug dump files be deleted without risk? Regardless, deleting the files won't affect how your computer normally operates. As a result, deleting system error memory dump files is secure. By deleting the system error memory dump files, you can make some room on your system drive. Dump files may be automatically created each time a system crash occurs. Using the Crash Analyzer in Microsoft Diagnostics and Recovery Toolset (Dart) 8.0, debug memory dump files on Windows-based machines to find any associated computer errors.
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the school's young entrepreneurs club has been invited to go to new york to visit the financial district. it will cost the club a minimum of $10,000.00 to charter a bus to hold their 50 members. after getting quotes from t-shirt companies for a fundraiser, they created the following supply schedule. use the schedule to answer the question that follows.
The correct answer to the question above is the "law of supply"
The law of supply and demand are term in economics that is related to price, the quantity of supply, and the quantity of demand from a service or good. the law of supply is related to the quantity of supply of goods or services, this law explained that when the price of goods is rise, the company would increase the supply of goods and services when they want to gain more profits. The law of demand is related to the quantity of demand for a service or good. This law says that when the price of a good or service rises, the quantity of demand will decrease.
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keith monroe nails hundreds of pieces of culled lumber in the blazing july sun to finish his barn roof. he and his assistant are clearly in:
Keith Monroe and his assistant are likely in a state of physical exertion, as they are working in hot weather and performing a physically demanding task of nailing hundreds of pieces of lumber
Due to the high temperatures and physically demanding nature of their employment, they are probably feeling symptoms including perspiration, weariness, and thirst. They are persevering and completing their goal of building the barn roof despite these obstacles. This circumstance emphasises the value of perseverance and hard work, as well as the physical demands of manual labour in inclement weather. Overall, Keith and his assistant are exemplifying the tenacity and commitment needed to complete a challenging work.
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the three classifications on the statement of cash flows are cash flows from (select all that apply.) multiple select question. a. financing activities.
b. investing activities. c. discontinued activities.
d. business activities.
e. operating activities.
The three classifications shown on the Statement of Cash flows include:
a. financing activities.b. investing activities. e. operating activities.What are the classifications on the Statement of Cash Flows ?Cash Flows from Operating Activities reports the cash inflows and outflows from the company's daily operations. It includes cash received from customers, cash paid to suppliers and employees, and other operating expenses.
Cash Flows from Investing Activities reports the cash inflows and outflows from investments made by the company, such as the purchase or sale of property, equipment, and securities.
Cash Flows from Financing Activities is used to show cash inflows and outflows from financing activities, such as the issuance of bonds, loans, and the sale of stock. It also includes dividends paid to shareholders and payments made on debt.
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________ is best described as the process of transformation of an idea into a new product or process, or the modification and recombination of existing ones. - invention - direct imitation - bootstrapping - lean manufacturing invention Invention describes the transformation of an idea into a new product or process, or the modification and recombination of existing ones.
Invention is best described as the process of transformation of an idea into a new product or process, or the modification and recombination of existing ones. Hence, the correct option is (A).
What Is Invention?Innovation is an important aspect of the business world where basically this innovation is used to create unique value for an item or service so that a product can compete in the market. In innovation, the final product is called invention. The invention is basically a process of transforming an idea into a new product or process, or the modification and recombination of existing ones. Therefore, the invention does not always have to create something completely new but can also be done by increasing the benefits of an existing product or service.
The question is incomplete, but most probably your question was:
_____ is best described as the process of transformation of an idea into a new product or process, or the modification and recombination of existing ones.
A. Invention
B. Direct imitation
C. Bootstraping
D. Lean manufacturing
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Question 9
A policy loan is made possible by which of these life insurance policy features?
O Policy loan provision
Grace period provision
Owner's rights provision
Consideration provision
7 of 15 Questions Remaining
Insurance is a contract under which an underwriter agrees to provide payments to an insured's descendants after the insured drops dead in return for a premium.
How might you define insurance?Insurance is a tool for risk management. You acquire protection against unforeseen economic losses when you purchase insurance. If anything unpleasant happens to you, the insurer compensates you or someone else of your choosing. If you don't have coverage and an incident occurs, you can be liable for all expenses.
What serves as insurance's main goal?Its goal is to lessen monetary unpredictability and control unintentional loss. It does this by substituting the acceptance of a significant risk with the payment of a little, defined fee—an insurance bill a skilled insurer. loss and a pledge to make the payment in the case of just one.
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Real estate values derive from the interaction of three different sectors in the economy. Which of the following sectors serves to allocate financial resources among households and firms requiring funds?
The capital market acts as a middleman between consumers and businesses. In a traditional economic model, families are the owners of capital assets, but businesses use these assets to function.
The capital market therefore enables households to rent out their capital resources to businesses, who then reimburse the households. It is a resource allocation that benefits both businesses and households.
The circular flow model is an economic theory that illustrates how money circulates throughout an economy. The most widely used form of this model shows how revenue is constantly moving back and forth between the consumer and corporate sectors. Between the two are the product market and the resource market.
Businesses offer goods and services to homes through the product market.
For enterprises to generate goods and services, resources are required. Household members work for businesses via the resource market. These resources are subsequently turned into goods and services by businesses.
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Because of the precedent set, the california court select answer dismiss the suit and the case will be heard in select answer .
Because of the precedent set, the California court will not dismiss the suit and the case will be heard in California.
A precedent is a concept or rule set in a previous legal case that is either binding or persuasive on a court or other tribunal when determining subsequent cases involving comparable issues or facts.
The purpose of common-law legal systems is to decide cases in accordance with consistent principled standards, such that similar facts give similar and predictable decisions, and adherence of precedent is the mechanism by which that goal is achieved.
The concept that courts must follow precedents is known as stare decisis (a Latin phrase with the literal meaning of "to stand in the-things-that-have-been-decided").
Case law is the collection of decisions of adjudicatory tribunals or other rulings that can be cited as precedent in common-law states.
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Correct question:
AOL, LLC, mistakenly made public the personal information of 650,000 of its members. The members filed a suit in California, alleging violations of federal law and California state law. The member agreement between AOL and its members included a provision declaring Virginia as the location of any court dispute. AOL asked the court to dismiss the suit on the basis of that "forum-selection" clause in its member agreement. Under a previous decision of the United States Supreme Court, a forum-selection clause is unenforceable "if enforcement would contravene a strong public policy of the forum in which suit is brought." California courts previously have declared in other cases that clauses similar to the AOL clause contravene a strong public policy. Because of the precedent set, the California court _______ dismiss the suit and the case will be heard in _______ .
A decorating store specializing in do-it-yourself home decorators must decide how many information packets to prepare for the summer decorating season. The store managers know they will require at least 400 copies of their popular painting packet. They believe their new information packet on specialty glazing techniques could be a big seller, so they want to prepare at least 300 copies. Their printer has given the following information: The painting packet will require 2.5 minutes of printing time and 1.8 minutes of collating time. The glazing packet will require 2 minutes for each operation. The store has decided to sell the painting packet for $5.50 a copy and to price the glazing packet at $4.50. At this time, the printer can devote up to 36 hours to printing and up to 30 hours to collation. He will charge the store $1 for each packet prepared. How many of each packet should the store order to maximize the net profit associated with information packets, and what is the store's expected profit? Formulate the Linear Programming Model a_Define the decision variables (1 pt) Place your answer here: b_Write the objective function (1 pts) Place your answer here: c_Write the constraints (2 pts) Place your answere here: d_Solve it using MS-SOLVER. Write the total maximum profit, optimum solution, slack/surplus values, and binding/non-binding constraints. (6 pts) Place your answer anywher on this worksheet:
The store's expected profit would be $3230, with a total of 400 painting packets and 300 glazing packets prepared.
What is expected profit ?Expected profit is the amount of money that a business anticipates earning from its operations, calculated as revenue minus expenses.
According to question:
a) Decision Variables:
Let x1 be the number of painting packets, and x2 be the number of glazing packets.
b) Objective Function:
The store wants to maximize the net profit, which is the revenue from selling the packets minus the cost of printing and collating.
Maximize: 5.5x1 + 4.5x2 - (1x1 + 1x2) - 2.5x1 - 1.8x1 - 2x2
c) Constraints:
Printing Time Constraint: 2.5x1 + 2x2 <= 36Collating Time Constraint: 1.8x1 + 2x2 <= 30Packet Quantity Constraint: x1 >= 400 and x2 >= 300Non-Negativity Constraint: x1 >= 0 and x2 >= 0d) Solution using MS-Solver:
The objective function can be modeled in MS-Solver as follows:
Maximize: Z = 5.5x1 + 4.5x2 - 1x1 - 1x2 - 2.5x1 - 1.8x1 - 2x2
Subject to:
2.5x1 + 2x2 <= 36
1.8x1 + 2x2 <= 30
x1 >= 400
x2 >= 300
x1 >= 0
x2 >= 0
The optimum solution would be:
x1 = 400, x2 = 300
Z = 5.5(400) + 4.5(300) - 1(400) - 1(300) - 2.5(400) - 1.8(400) - 2(300)
Z = 2200 + 1350 - 400 - 300 - 1000 - 720 - 600
Z = 3230
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Employers find that many college graduates have large gaps in _____, skills that employers are looking for
Many college graduates lack the communication skills that companies are seeking, according to businesses. communication in writing skills and critical thinking.
Why Should We Care About Employment Gaps?You may become dubious of a candidate if there has been a lapse in employment since you may question what they were doing at that time. You want candidates who can be upbeat, make good use of their time, and highlight what they have accomplished. Accountability is a crucial factor in determining whether a business can fulfill its commitments and advance organizational success.
Because they suggest that you're untrustworthy, resume gaps raise red flags in the eyes of potential employers. Depending on your sector, job switching can be problematic.
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It is generally presumed that an entity is a variable interest entity subject to consolidation if its equity is
O Less than 50% of total assets.
O Less than 25% of total assets.
O Less than 10% of total assets.
O Less than 10% of total liabilities.
It is generally presumed that an entity is a variable interest entity subject to consolidation if its equity is d) less than 10% of total liabilities.
A variable interest entity (VIE) is an entity where the majority of the residual returns and/or the obligations for residual losses are expected to be borne by one or more parties that are not owners of the entity.
In accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 810 "Consolidation," an entity is considered to be a VIE and subject to consolidation if its equity is less than 10% of total liabilities.
This means that if an entity has less than 10% of equity relative to its liabilities, it is assumed to be a VIE and the primary beneficiary must consolidate the entity.
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suppose that the local government of columbus decides to institute a tax on seltzer producers. before the tax, 45 billion packs of seltzer were sold every year at a price of $9 per pack. after the tax, 38 billion packs of seltzer are sold every year; consumers pay $14 per pack, and producers receive $6 per pack (after paying the tax).
Before the tax, seltzer producers in Columbus were selling 45 billion packs of seltzer at a price of $9 per pack. However, after the tax was instituted, the number of packs sold decreased to 38 billion.
The price of seltzer also increased to $14 per pack for consumers, but the producers are only receiving $6 per pack after paying the tax. This implies that the tax has had a significant impact on both the quantity of seltzer sold and the revenue of the producers. It's likely that the higher price of seltzer has discouraged consumers from buying as much as they did before, while the lower revenue per pack for producers has made the market less attractive for them. The tax has therefore had far-reaching consequences for both consumers and producers in the seltzer market in Columbus.
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The demand curve is P = 100-15Qp. The supply curve is P = 50 + 5Qs.
At the market equilibrium, what is the equilibrium price?
At the market equilibrium, the equilibrium price is
a. 0.40
b. 5
c. 62.50
d. 2.5
Answer:
The answer is c. 62.50. At the market equilibrium, the demand curve and the supply curve intersect, and the equilibrium price is the price at which the quantity demanded by consumers is equal to the quantity supplied by producers. To calculate the equilibrium price, we can set the two equations equal to each other and solve for the price: 100 - 15Qp = 50 + 5Qs. Solving for the price, we get P = 62.50.
suppose that nominal gdp growth is 4.6 and real gdp growth is 5.5 what is approximately the inflation rate submit your answer with up to two decimals ie 10.22 for 10.22 and 11.44 for 11.442 hint it may be useful to think of nominal gdp as being equal to p multiplied by y where p is the price index and y is real gdp
The approximate inflation rate is -13.64% (disinflation) when the nominal GDP is 4.6 and real GDP is 5.5.
Inflation is measured using the GDP deflator. It is used to estimate the annual price levels of final goods and services produced in a nation.
The GDP deflector displays fluctuations in an economy's average rise in price levels,
We know that GDP Deflator is equal to [Nominal GDP/ Real GDP] * 100
GDP Deflator
= [4.6/5.5]*100
= 83.636%
= 83.64%
comparing it with GDP Deflator in the base year i.e. is 100 we get -13.64% which shows there is disinflation in the country.
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Write a letter to Ray Kroc as if he were still alive. Include your assessment of
his positive and negative attributes and how you feel about the way he took over the
McDonald brothers' brand.
Finally, include your personal relationship with McDonald's restaurants, how
often you eat there, and the general quality and nutrition of its food.
He satisfied the brothers to provide him a contract to develop the commercial enterprise thru a franchise network. The brothers have been involved about the influence on their company (their attempts at franchising had failed) and retained the proper to manipulate what Ray did.
Do you suppose Ray Kroc was a right entrepreneur Why or why not?McDonald's Founder, Ray Kroc was once a genius, who with the aid of the time of his death in 1984, had helped McDonald's become the world's largest restaurant franchise. And at the time, he was one of the most successful businessmen in the world. Moreover, Ray Kroc helped the franchise industry end up the powerhouse it is today.
Kroc mounted strictly standardized operations for all McDonald's franchises that covered component sizes and food preparation, packaging and ingredients. Customer carrier requirements have been additionally high, although franchisees were allowed to determine how to market their businesses.
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https://brainly.com/question/24147690#SPJ1Brazil can produce one unit of sugarcane for one unit of labor and one iPod for eight units of labor, and trying to can produce one unit of sugarcane for two units of labor and one iPod for four units of labor. Which one of the following is true?
a. Brazil has a comparative advantage in sugarcane production in an absolute advantage and iPod production.
b. Both countries have a comparative advantage in sugarcane production.
c. China has an absolute advantage in production of both goods.
d. Brazil has both and compare to Vantage in an absolute advantage in sugarcane production
In terms of producing sugarcane, Brazil has both and, in comparison to Vantage, a clear advantage.
Can Brazil generate one sugarcane unit with one labor unit and one iPod?China can create an iPod for four units of labor and one unit of sugar cane for two units of labor, while Brazil can make an iPod for eight units of work and one unit of sugar cane for one unit of labor.
What separates absolute advantage from comparative advantage in production?Comparative advantage refers to an entity's ability to deliver goods and services at a lower opportunity cost than competitors, whereas absolute advantage refers to an entity's ability to generate a higher quantity of a good or service than competitors.
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has emerged as the most significant form of consumer control over information creation and communication.
The most major method of consumer sovereignty over the creation and sharing of information has emerged as multiplatform.
What exactly is a consumer?Consumers are those who buy products for their own needs and utilize or consume them. Although a customer can resell the good, product, or service, he or she may use it to support himself or herself and engage in self-employment. Describe a consumer. The person who uses any products or services on a daily basis is the consumer.
Define a consumer based economy would be someone :Consumers are any living things that eat both plant and animal matter as their primary sources of nutrition. Humans and animals are examples of consumers.
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Deifention management question
Management (or managing) is the administration of an organization, whether it is a business, a nonprofit organization, or a government body.
In the simplest of terms, business management refers to the coordination and administration of business activities, tasks, and resources to achieve a set objective. This often involves supervision and training of staff, overseeing core operations, and designing company infrastructure to optimize for the future.
Business management is a crucial part of an organization's success, and every organization in any industry can benefit from a great business manager who has expertise in best practices and relevant processes.
The demand curve is P = 100-5Qp. The supply curve is P = 50 + 2Qs.
At market equilibrium, what is the equilibrium quantity?
At market equilibrium, the equilibrium quantity is
OA. 0.14
OB. 2
OC. 7.1
OD. 64.29
Answer:
To find the equilibrium quantity, we need to find the point where the demand and supply curves intersect, which is where the quantity demanded is equal to the quantity supplied.
To find the equilibrium quantity, we need to solve the equation:
100 - 5Qp = 50 + 2Qs
This can be rearranged to get:
Qp = (50 + 2Qs) + 5Qs
So we know that at market equilibrium, Qp = Qs
By substituting Qp = Qs in the first equation and solving for Q, we get:
Q = OC. 7.1
Therefore, the equilibrium quantity is 7.1.
X and Y contract for X to build Y a house for $150,000. Later, without terminating the first contract, X and Y modify that contract so that Y will pay X $175,000. In return, X promises to build exactly the same house, but one day earlier than in the previous contract. Assume that all the other elements of a contract besides consideration are present; this is a consideration question. This second contract: (Points : 1)Is not binding because it is unliquidated.
Is not binding because X is promising to perform a preexisting legal obligation.
Is not binding because the earlier completion date is inadequate consideration for $25,000.
Is a binding contract.
Is not a contract because B's pledge has no price attached to it. The advantage that must be negotiated for between the parties involved is known as a consideration in contract law.
It is the primary justification for both sides coming into a contact. In exchange for the other party's performance or commitment, consideration must have some worth. According to common law rules on contract modifications, an existing contract must be modified with a new consideration. Only B, not A, added any extra consideration (more money) in this instance to the written contract. In terms of contract law, consideration refers to the benefit that must be negotiated between the parties. It is the primary justification for both sides coming into a contact. In exchange for the other party's performance or commitment, consideration must have some worth. According to common law rules on contract modifications, an existing contract must be modified with a new consideration.
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For this week's written assignment you are a manager at, Ad It Up, a mid-size marketing firm. Over the last five years you notice that issues relating to unethical practices seem to be on the rise. From minor issues, such as employees calling in sick when they should have used a personal/vacation day, to more serious issues, such as the inflation of hours billed to clients, the incidences are trending at a higher rate. In an attempt to curb these actions, the company decides to take a stronger stance and terminate those employees flagged as being unethical.
Along with a heightened emphasis on training, a revision of the code of ethics, and stricter enforcement of the policies, you have been tasked with hiring three entry-level marketing employees to replace some of the terminated employees. The company wants to attract employees who are not only talented, but are ethical. You need to create a help wanted ad that spells out the various virtues that you are seeking in an employee.
Instructions
Create a 1-page, help-wanted ad for an entry level marketing person. In your ad, provide the following details:
Attention grabbing title
A brief summary of the entry-level marketing position
A list of the desired virtues applicants should possess. For this part, you will need to provide and explain five of the virtues covered in this week's materials.
Instructions for applying for the job.
Innovative Marketing Genius is required and the ideal applicant should be youthful on a basic level not really youthful in age. Male or female matured 30-50 might apply.
A showcasing degree or certificate is favored however not fundamental. Assuming you are right now selected as an advertising understudy go ahead and apply . 3 years of involvement with the field of showcasing in a moderate-sized firm would be a prerequisite. If it's not too much trouble, guarantee to convey verification of your driver's permit.
You will likewise require your own dependable vehicle. Only residents of this nation might apply. You should showcase our organization to existing clients and make new clients. Adjusting clients consistently is non - negotiable. Administration and association of force point introductions will be your only obligation.
3. Good ethics are a fundamental piece of this business :
The ideal up-and-comer ought to have:
Honesty - stay faithful to your obligations to inner and outer clients don't over guarantee and under convey.
Responsibility - recall that you will continuously have somebody to whom you are responsible in this organization indeed you are responsible to all individual workers.
Be a Brand Ambassador - Uphold the picture and name of the organization consistently in uniform or out of uniform.
Web-based Media strategy - try not to be partnered to any locales that could bring the organization's picture into offensiveness and your direct should be in accordance with organization principles.
Promptness - The ideal up-and-comer should have incredible respect and regard for time, especially while complying with time constraints.
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