The use of prenumbered checks is an example of documentation procedures.
Documentation procedures:
Simply said, documented procedures are records that are available to everyone in your organisation. They detail every action that needs to be taken and continuously repeated for specific jobs.
Too many limitations and regulations may actually prevent support from offering top-notch service. Team members can receive the training and confidence they need to accomplish their jobs properly from your defined procedures.
Making checklists and process lists for each individual job is a great practise in general. By doing this, your team members won't have to sift through task lists and job descriptions that aren't relevant to them in order to find the information that's most important to them.
So, the required answer is Documentation procedures.
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under the gross method of accounting for purchases: multiple choice the purchase of inventory is recorded for its full amount. the amount paid for inventory during the discount period is the full amount of the purchase minus the discount. the amount paid for inventory after the discount period is the full amount of the purchase. all of the other answer choices are correct.
Under the gross method of accounting for purchases:
The purchase of inventory is recorded for its full amount.The amount paid for inventory during the discount period is the full amount of the purchase minus the discount.The amount paid for inventory after the discount period is the full amount of the purchase.What is accounting?Accountancy, another name for accounting, is the measurement, processing, and exchange of financial and non-financial information concerning economic entities like corporations and businesses.
advising on, preparing, and reporting income taxes. checking the books of businesses and other organisations. offering general business guidance. Individuals' financial preparation.
Basic accounting is the practise of documenting a business's financial activities. It entails reviewing, summarising, and informing tax authorities, regulatory bodies, and oversight organisations about these transactions.
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Which most likely explains why great britain’s percentage of the world’s manufacturing dropped from 32% in 1870 to 14% in 1913?.
Since Britain's share of global industrial production fell from 31.8% to 14% between 1870 and 1913, the period about 1870 will be seen as the start of the country's economic collapse.
"Other countries started their own manufacturing."
By 1870, Britain's industrial hegemony was already in jeopardy, and by the end of the century, it had been easily eclipsed. By the First World War, even the service sector, which had long-cultivated strengths in shipping and finance, was falling behind America's.
Britain's yearly GDP per capita growth plummeted to little more than one percent from 1873–99 after two decades of two percent growth, and then limped along at .84 percent per year up to 1914. The efficiency with which Britain utilized its economic inputs, or total factor productivity, decreased by two thirds in the last decades of the Belle Epoque (1871–1914).
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the cpi differs from the gdp deflator in that
The GDP deflator does not account for increases in the cost of items produced abroad and sold to American consumers, which is how the CPI differs from it.
The Consumer Price Index (CPI) measures the average annual change in prices paid by urban consumers for a market basket of goods and services. A consumer price index is a price index that calculates the average and weighted cost of a market basket of goods and services for consumers that households buy. Variations in the CPI are used to track price changes over time. The value of all the final goods and services that countries produce and sell within a specific time period is measured by the gross domestic product (GDP), a monetary statistic. Due to its complex and arbitrary nature, the GDP metric is repeatedly changed before being accepted as a reliable statistic.
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diminishing marginal product of labor causes the average variable cost curve to group of answer choices rise. fall twice as fast of demand. remain constant. fall. g
Diminishing marginal product of labor causes the average variable cost curve to option A: rise.
Since the marginal product for each extra worker is rising, total variable costs rise as production rises but at a decreasing pace. The overall variable cost increases at a rising rate as the marginal product declines. This will consequently cause the average variable cost curve to rise.
When advantageous modifications are made to input variables that affect overall production, marginal productivity often decreases.
The productivity obtained from each additional unit produced once a factor of production is enhanced will only minimally increase from one unit to the next, according to the law of diminishing marginal productivity.
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What business strategy is best supported by a structure with moderate formalization, moderate centralization, and moderate specialization?.
A strategy encompasses your company's aims and objectives, the kinds of goods and services you intend to develop, the target market for your sales, and the customers you wish to attract.
Which four different business strategies are there?
Corporate (organizational) strategy.Competitive business strategy.Functional Approach.Operating Approach.Which five business-level strategies are there?
Cost, quality, distribution, technology, and intellectual property are the only five corporate tactics (IP). These five concepts, or a mixture of them, form the basis of all corporate strategy. Focusing your business on just one thing is generally the simplest to implement.
What are the three fundamental business tactics?
There are three fundamental strategy options open to firms for attaining a competitive edge, according Porter's Generic Strategies model. Cost leadership, differentiation, and focus are these.
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Our first interaction with individuals makes us aware of? a. surface diversity. b. collective diversity. c. deep-level diversity. d. value-based diversity.
Our first interaction with individuals makes us aware of the surface diversity.
Surface diversity is a type of diversity where the traits may be seen and felt. Age, race, gender, and size are a few examples, along with sex and gender equality. Surface diversity refers to a person's outward appearance, which may include things like age, physical size, visible disability, color, and other features, especially when compared to the group or set to which they belong: Every person has individual rights that can never be taken away. What exists as a unique being is referred to as a person. Being an individual human, often an adult, is what is meant by individuality (or self-hood).
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16 of 16 >
Consider the information about the economy of Pakistan. Note that the currency of Pakistan is the rupee.
The government purchases: 3.00 trillions of rupees.
Individuals consume: 10.00 trillions of rupees.
Individuals save: 5.02 trillions of rupees.
Businesses invest: 1.60 trillions of rupees.
Foreigners spend: 0.69 trillions of rupees to purchase Pakistani firms.
Pakistan imports: 2.58 trillions of rupees.
Pakistan exports: 1.26 trillions of rupees.
Calculate Pakistan's GDP. Assume that the values are all current and no conversions need to be made. Give your answer in
terms of trillions of rupees, and round to two decimals.
Pakistan's GDP:
11.1
Incorrect
Attempt 3
trillions of rupees
132.8 trillion Indian Rupees
GDP equals C + I + G + NX.
Briefing:-where: NX = net exports, G = government purchases, I = investment, and C = consumption (sometimes called trade balance as X - M where X is exports and M is imports). When responding to a question like this, you should figure out what each variable (C, I, G, and NX) is worth before replacing it with that value and solving the problem. More particularly:
13.28 = 10.00 + 1.60 + 3.00 + (1.26 - 2.58) (1.26 - 2. 58)
Savings and company acquisitions made abroad were distractions in this query. Since GDP is a gauge of an economy's output, we only count finished products and services. Any economy needs savings and foreign investment, but they are not the final commodities and services.
What is the GDP formula?GDP is calculated as private consumption plus gross domestic product plus government investment plus (exports – imports). The country's national statistical office often uses the international standard to compute GDP.
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____________ are things people want in order to be happy and feel good.
A.
Features
B.
Desires
C.
Images
D.
Needs
consists of concepts, strategies, and principles that guide an organization’s technology choices and the manner in which the organization integrates and manages these choices. group of answer choices it infrastructure it integration it architecture it platforms
Infrastructure is the organization integrates and manages these choices. The importance of infrastructure systems to a nation's economic growth and prosperity is emphasized. The electromagnetic telegraph, principal roadways, canals, har-bors, and do-cks, as well as drainage systems, d-ikes, and land reclamation, are examples of basic infrastructure.
It consists principal of the more well-known and typical infrastructure elements that we encounter on a regular basis. Our parks and waste facilities are only a few examples of the infrastructure that makes up our roadways, transit systems, water pipes, and water treatment facilities. The majority of people rarely consider organization infrastructure unless, of course, it is broken.
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suppose that fincorp has 500,000 shares outstanding. what were earnings per share in 2022?
Suppose that fincorp has 500,000 shares outstanding Earnings per share in 2022 shares = $1.70
The term "earnings per share" (EPS) refers to a company's net profit divided by the total number of outstanding common shares. A popular indicator for determining corporate value is earnings per share (earnings per share), which shows how much money a firm produces for each share of its stock. The monetary value of earnings per outstanding share of common stock for a firm is known as earnings per share. It is a crucial indicator of business profitability and is frequently used to value equities. Leading investment banking firm FINCORP is headquartered in the Sultanate of Oman and is traded on the Muscat Stock Exchange (MSX). Wealth Management, Private Equity, Corporate Finance, and Advisory are some of FINCORP's product categories.
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What is the relationship between a person’s need for payday lending and their income volatility? why do you think this is?.
A payday loan is a short-term loan that can assist you in meeting your short-term financial demands until your next paycheck arrives.
What is income volatility?Income, which is typically stated in monetary terms, is the spending and saving opportunity acquired by an entity within a given duration.
Income variance, or the degree to which income deviates from the average, is the standard definition of income volatility.
In order to determine the impact on a household's financial life, we are often interested in counting the number of notable revenue spikes and dips during a specific time period.
Payday loans provide a means of coping with unforeseen circumstances and the month-to-month income unpredictability that more than a third of American households with salaries under $50,000 experience.
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a(n) trial is prepared immediately the adjusting entries have been recorded and the financial statement are prepared. (enter one word per blank.)
An Adjusted trial balance is prepared immediately after the adjusting entries have been recorded and the financial statement is prepared.
The balances of the accounts in the general ledger are shown in the adjusted trial balance. Adjustments for depreciation, prepaid charges, and accruing expenses are sometimes included in this category. That much is obvious. An adjusted trial balance sheet is used to keep track of the transactions a company makes over the course of a single accounting cycle. You may do this by removing details about transactions that took place outside of the accounting cycle from the balances for each account.
Similar to the unadjusted trial balance, the adjusted trial balance accounts are often stated in the balance sheet sequence of assets, liabilities, and equity accounts followed by income and cost accounts.
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What swot factors are external to the firm?
Swot analysis has four factors that is Strength, Weakness, Opportunities and Threats out of which opportunities and threats are external to the firm.
An analysis of your business's strengths, weaknesses, opportunities, and threats, or SWOT, looks at both external and internal factors that might have an influence. Your internal characteristics are your both assets and liabilities. The threats and opportunities are created by some outside factors. A problem or situation is considered external if it would continue to exist even if your firm did not even exist (for example, technological advancements or a severe flood).
SWOT analysis is good for assessing the area in which the company is performing really good. companies can capitalize on these areas to gain competitive advantage in long run. Through SWOT analysis companies always monitor their external environment to check the presence of opportunities available and threats that may emerge.
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wonders such as smartphones, driverless cars, and antibiotics can be attributed to which marketing environment?
Wonders such as smartphones, driverless cars, and antibiotics can be attributed to technological environment.
The technological environment is an external element of the business environment that is tied to technological developments and transformations. Furthermore, the word "technology" is commonly linked to technique and equipment. Threats and possibilities for the company are enhanced by their change.
Scanning of technological environment is very important for the business in order to survive in highly dynamic business environment. Technological environment affects various aspect of business. Early adopters of technological advances often boost their market share and operating margins. As a consequence, companies need to track changes and trends. Utilizing opportunities while minimizing threats is the goal. The business can stay competitive in this manner.
The complete question is here:
wonders such as smartphones, driverless cars, and antibiotics can be attributed to which marketing environment?
a) Natural
b) Technological
c) Political
d) Social
e) Cultural
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a consequence of the surface tension of water isquestion 42 options:wet sand's being firmer than dry sand.that hot oily soup tastes different from cold oily soup.all of these.capillary action.
a consequence of the surface tension of water is all of the choices that are:
A) capillary action.
B) wet sand being firmer than dry sand.
C) the different tastes of hot and cold oily soup.
Droplets and surface tension: The shape of liquid droplets is a result of surface tension. The cohesive forces of the surface layer tend to draw water droplets into a spherical shape, despite their ease of deformation.
The consequence of the surface tension of water is:
(i) Spherical Shape Of Liquid Drop: Surface tension works to reduce a liquid's surface area to the absolute minimum. Since a sphere has the least surface area for a given amount of liquid, liquid drops take on a spherical shape.
(ii) Capillary action: Surface tension, which forces the liquid into the capillary tube, is responsible for the rise of liquid in the tube.
(iii) Viscosity: A liquid's viscosity is the amount of internal flow resistance it possesses. to comprehend the nature of friction or internal resistance that exists within a liquid. Liquid flows are shown to occur in layers.
Option (C) All of these are correct.
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peter is a senior partner at his law firm and is an important member of his church and community. both his children are in college. peter's situation is most representative of which period of development?
Based on the fact that peter is a senior partner at his law firm, an important member of his church & community and also, his children are in college. Hence, his situation is most representative the period of development known as middle adulthood.
What is a period of development?In human development, the period of development is classified into 4 development which includes an infancy, childhood, adolescence, and adulthood.
The middle adulthood, as period of development begins around age 40 and ends at age 65. This period is marked by a narrowing life options, shrinking future as children leave home and career paths become more determined.
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monica asked her manager if appropriate dress for the meeting was business casual or traditional business. monica is inquiring about the ______ associated with the meeting.
Monica asked her manager if appropriate dress for the meeting business casual or traditional business was. Monica is inquiring about the folkway associated with the meeting.
Folkways are taught and practiced behaviors that pertain to a social circle and are repeatedly alluded to as "customs" within this group. However not morally significant, folkways can be essential to social acceptance. Each subgroup may create its own customs, but some could become recognized on a larger, societal scale.
Monika is asking her manager about the dress which would be appropriate for attending the meeting so, that she could look like other people in the meeting and will not remain excluded. Knowing about the folkway associated with the meeting will help her to get inclusion with other members and create a social circle with others.
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The rapidly evolving business environment requires the management of in the organization to respond to it.
The statement that the rapidly evolving business environment requires the management of an organization to respond to it is True.
Why should management respond to an evolving business environment?For any business to be successful, it needs to be able to meet the demands of the environment that it is in. This is to only way to remain competitive.
As the world progresses, the business environment has been rapidly evolving and so management in different companies have to find a way to respond to this change. That way, they are able to keep up sales.
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Which of the following are stages (in order) in the strategic sourcing process?
a. Plan, source make, deliver, return.
b. Analyze, procure, source, pay
c. Plan analyze, source, make, pay
d. Analyze, source, bid/negotiate contract, procure, reconcile and pay.
e. Plan, source, bid/negotiate, procure, pay
Analyze, source, bid/negotiate contract, procure, reconcile and pay are stages (in order) in the strategic sourcing process.
Strategic sourcing is a procurement method that integrates data collection, spend analysis, market research, negotiation, and contracting. It does not include the actual purchase and payment for goods and services.
Strategic sourcing is a supply chain management approach that formalizes the way information is gathered and used so that an organization can use its consolidated purchasing power to find the best possible marketplace values and align its purchasing strategy with business goals.
Examples of strategic sourcing scenarios: Selection of a new customer relationship management software.
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an operational project is one that
An operational project is one that can improve organizational performance
Operational projects come in a wide variety. They span the tactical, strategic, and operational levels. A company's success, especially that of a small corporation, depends on how well its operational initiatives are managed because they provide competitive advantages and seize chances. The decision of where to locate your small business is an example of an operational project. This is dependent on a few elements. The type of business affects whether it employs employees, produces items, and distributes them, as well as whether clients visit the business or it visits them.
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marginal analysis suggests that an individual will consume one additional unit of a good if the
The marginal analysis looks at how much more beneficial activity is compared to how much more expensive it is. To calculate the proper quantity of an activity, use marginal analysis.
This gain has been maximized by using marginal analysis, which is crucial to note. Think about what would transpire if we bought three drinks. Be aware that while the overall benefit has increased, the net benefit has decreased.
The marginal benefit is a consumer's willingness to pay for an additional commodity or service. It also refers to the additional pleasure or utility a customer experiences after purchasing the extra commodity or service.
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for external reporting, income statements are generally prepared using costing, while costing is used for internal decision making purposes. (enter only one word per blank.)
For an external reporting, the income statements are generally prepared using variable costing, while the absorption costing is used for internal decision making purposes.
What is an income statement?Also known as profit and loss account, this is a financial statements that shows the company's revenues & expenses during a particular period. It also indicates how the revenues are transformed into the net income or net profit.
Under the financial statement, the absorption costing often include all the costs associated with the manufacturing of a product while the variable costing often includes the variable costs directly incurred in production and none of the fixed cost.
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The mean cost of a box of cheerios oat crunch is $4. 00 and the variance is. 35. If the price increases by 25 cents a box, what is the new variance?.
The new variance will be 0.35.
1 dollar = 100 cents
1 cent = 1/100 dollar
25 cent = 25 × 1/100 $ = 0.25 $
Let the price of the box will be X
var (x) = 0.35
Price of a box increases by 0:25 $, therefore X changes to X + 0.25
Now, for any real number c
var (X+c) = var (X)
var (X +0.25) = var (X) = 0.35
So, New Variance= 0.35
Variance is the anticipated squared variation of a random variable from its population mean or sample mean in probability theory and statistics.
Descriptive statistics, statistical inference, hypothesis testing, the goodness of fit, and Monte Carlo sampling are just a few of the concepts that make use of a variance.
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your friend, suzie chang, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. suzie’s product will target two groups: day care centers in warm climates and home school programs. her company is jiffy jet and costs for last month follow.
Considering the full question, the total variable cost and total fixed cost of Suzie Chang are $7,145 and $56,990 respectively.
What are Fixed Costs and Variable Costs?Fixed Cost is the cost of production in business that stays the same regardless of the volume of production.
On the other hand, Variable Cost is the cost of production in a business that varies based on the volume of production or sales.
In this case, the Fixed cost includes the following:
Factory rent $ 3,120Company advertising 1,040Wages paid to assembly workers 31,100Depreciation for salespersons’ vehicles 2,110Assembly supervisor’s salary 3,620President’s salary 5,140Factory insurance 1,080Depreciation on cutting machines 2,130Wages paid to painters 7,650Hence, the total Fixed Cost is = $56,990
On the other hand, Variable Costs include the following:
Screws $525,Utilities for factory 855Sandpaper 175Plastic tubing 4,000Paint 280Sales commissions 1,310Hence, the total Variable Costs = $7,145.
Therefore, in this case, it is concluded that the correct answer is
$7,145 for total Fixed Costs and $56,990 for total Variable Costs respectively.
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Full Question
Text:Your friend, Suzie Chang, has designed a new type of outdoor toy that helps children learn basic concepts such as colors, numbers, and shapes. Suzie's product will target two groups: day care centers in warm climates and home school programs. Her company is Jiffy Jet and costs for last month follow:
Factory rent = $3,120Company advertising =$1,040Wages paid to assembly workers =$31,100Depreciation for salespersons’ vehicles =$2,110Assembly supervisor’s salary= $3,620President’s salary= $5,140Factory insurance= $1,080Depreciation on cutting machines = $2,130Wages paid to painters = $7,650Screws = $525,Utilities for factory = $855Sandpaper= $175Plastic tubing= $4,000Paint = $280Sales commissions= $1,310When mark could not find his favorite candy bar, pearson salted nut roll, at his neighborhood supermarket, he drove across town to find it at another store. Mark was showing what level of brand familiarity?.
insistence, unsought products are those products that potential customers do not search for at all because they do not want them yet or do know that they can buy them.
The definition of insistent is traumatic or continual. An instance of an insistent person is someone who continues giving guidance for a lie, no matter how in many instances he's questioned or proved incorrect. We listened to the insistent crashing of waves at the beach. Margaret Sanger is remembered as an insistent crusader for delivery manipulation. The capability to keep doing something difficult. Perseverance years-lengthy political scandal broke last week way to the dogged perseverance of nearby reporters. Dedication after years of tough paintings and backbone, she was in the end promoted to CEO. Endurance was known for his patience in the pursuit of justice.
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economists typically measure economic growth by tracking:
Typically, economists gauge economic expansion by monitoring real Gross Domestic Product per person.
The social science field of economics has professionals and practitioners. In addition, the person can research, create, and use economic theories and concepts, as well as write about economic policy. Macroeconomic analysis, microeconomic analysis, financial statement analysis, mathematical finance, and philosophical economics are just a few of the many sub-fields that fall under this umbrella, ranging from broad philosophical theories to the focused study of minutiae within specific markets.
These sub-fields use analytical tools and methods like econometrics, statistics, economics computational models, financial economics, and mathematical economics. Economists operate in a variety of settings, including academia, government, and the commercial sector, where they may also "...analyze data and statistics in order to spot trends in economic activity, Gross Domestic Product (GDP) economic confidence levels, and consumer sentiments.
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Lauren and jeff have individually identified issues they're having working together on their project. what is the next step to finding a win-win solution? agree upon the main problem. give constructive criticism. find new partners. negotiate a solution.
Lauren and jeff have individually identified issues they're having worked together on their project. what is the next step to finding a win-win solution Brainstorm possible solutions.
Flexible running hours are a win-win state of affairs for employers and employees. Supporters of globalization assert that it's miles a win-win proposition for the wealthy and the poor. Win-win strategies permit more than one events to locate together useful answers whilst engaging in negotiations. This technique can assist keep away from struggle among negotiators and presents quite a number blessings to all events involved.
The definition of win-win is a state of affairs or final results wherein all people comes away happy. An instance of win-win is while you want the chips, and your spouse likes the pickle, so she trades you her chips on your pickle. (Of a state of affairs or final results) That blessings each or all events, or that has awesome blessings.
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Which is necessary in a well-functioning capitalist economy but not in a command economy?
Protection of property rights and price signals is necessary in well-functioning capitalist economy but not in a command economy.
The term "capitalism" or "capitalist economy" refers to an economic framework in which private businesses own and govern production variables such capital equipment, manpower, resources, and entrepreneurship. The production of all products and services in a capitalist economy relies on supply and demand in the market, also referred to as a market system. The main purpose of capitalist economy is to earn profit.
An economic system known as a command economy is one where the power is held by the government and the economy's activity is controlled by a central leadership that establishes quantifiable productivity goals and allocates raw materials to businesses within the supply chain. The main purpose of command economy is social welfare.
The complete question is here:
Which of the following is necessary in a well-functioning market or capitalist economy, but is not necessary for a command economy?
A. Centralized decision making
B. Scarcity of resources
C. Monopolies
D. Protection of property rights and price signals
E. Positive externalities
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using good standards of etiquette, emphasizing the positive, and using bias-free language are examples of incorporating ________ into a message.
Using good standards of etiquette, emphasizing the positive, and using bias-free language are examples of incorporating the "you" attitude into a message.
What is netiquette?Netiquette is a short terminology for network etiquette or Internet etiquette and it can be defined as the set of rules, behaviors, proper manners, and customs that are considered to be polite, courteous, and should be followed by end users, especially when they are exchanging messages through the use of an email, computer technology, and social media over the Internet.
This ultimately implies that, netiquette simply refers to the acceptable or correct way of using the Internet for respectful, polite, courteous, and appropriate exchange of messages.
In this context, we can reasonably infer and logically deduce that making use of the "you" attitude into your messages represent a good standards of etiquette.
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Complete Question:
Using good standards of etiquette, emphasizing the positive, and using bias-free language are examples of incorporating ________ into a message.
A)audience awareness
B)the "you" attitude
C)connotative language
D)an indirect
E)euphemisms
a nation’s standard of living is determined by
A Nations's standard of living is determined by GDP per capita, this is a nation's gross domestic product divided by its population.
Gross Domestic Product (GDP) is the market value of all goods and services produced within the national boundaries of a country is a financial year. When GDP is divided by the total population of a country, we get the value of GDP per capita.
GDP per capita is the widely used indicator of standard of living. Inflation and rising prices have very little impact on the real GDP per capita. Real GDP is a more appropriate predictor of standard of living than nominal GDP. A country with a high rate of manufacturing will be able to offer higher salaries. That implies that its inhabitants will be capable of purchasing more of the country's abundant output.
The complete question is here:
A nation's standard of living is determined by:
(a) the percentage of its GDP that is accounted for by government purchases.
(b) the quantity of natural resources with which it is endowed.
(c) factors and events that are beyond the nation's control.
(d) GDP per capita
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