The first stage of a product's life cycle is the introduction stage because the product is new to the market, the promotional goal is to educate consumers in order to raise their level of awareness.
What is the product life cycle?A product's life cycle is divided into four stages: introduction, growth, and decline and maturity. Many items are still in their early stages of maturity. The product life cycle is crucial in marketing because it helps define and select product-specific tactics.
However, in every product's life cycle, the product eventually fades from the market.
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the desired rate of return uses compound interest because . multiple choice question. compounding is required by federal law it assumes all cash inflows are reinvested at the same rate it is easier than using simple interest compound interest is more accurate
The desired rate of return uses compound interest because it assumes all the cash inflows are reinvested at the same rate that is option B is correct.
Compound Interest is the method in which the investor lend some money to the borrower at a certain rate known as interest rate and for a certain period of time known as interest period. The amount can be compounded annually, semi-annually, monthly, weekly and on a daily basis. The most important feature of compound interest is that the amount earned after a certain compounding period becomes the principle for the next compounding period that is the amount is reinvested at the same rate of interest. Thus, the investor is always in profit while compounding the money as compound interest as it gets increased and there are no chances of loss.
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Complete Question:
The desired rate of return uses compound interest because
A. compounding is required by federal law
B. it assumes all cash inflows are reinvested at the same rate
C. it is easier than using simple interest
D. compound interest is more accurate
answer the question on the basis of the following information. number of workers total product marginal product 0 0 --- 1 8 8 2 10 3 25 4 30 5 3 6 34 when four workers are employed
The marginal product of the 4th worker is (A) 7½ or 7.5.
What is the marginal product?The marginal product or marginal physical productivity of an input in economics, particularly in neoclassical economics, is the change in output that results from using one extra unit of a certain input, given that the quantities of other inputs are maintained constant.
The total product value is divided by the difference in labor to determine the marginal product of labor.
An excellent illustration of the marginal output of labor is a restaurant kitchen.
Without cooks, the restaurant will produce nothing.
The restaurant may produce 10 meals more after hiring one cook, resulting in a positive MPL of 10.
So, the marginal product of the 4th worker:
Marginal product: Total product/Number of workers
Marginal product: 30/4
Marginal product: 7.5
Therefore, the marginal product of the 4th worker is (A) 7½ or 7.5.
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Complete question:
Answer the question on the basis of the following information.
(Refer to the chart attached below)
The marginal product of the fourth worker
A. 7½ or 7.5.
B. 7.
C. 5.
D. cannot be calculated from the information given.
sudden changes in can affect the attractiveness of some types of assets over others, as well as the liquidity of an fis balance sheet.
Sudden changes in interest rates can affect the attractiveness of some types of assets over others, as well as the liquidity of an financial institution's balance sheet.
The Impact of Sudden Interest Rate Changes on Financial InstitutionsWhen interest rates change suddenly, it can have a major impact on financial institutions. For example, if rates go up, it can make it more difficult for people to get loans, and this can lead to a decrease in demand for the products and services that these institutions offer.
In addition, sudden changes in interest rates can also affect the liquidity of an institution's balance sheet. For example, if rates go up, it may become more difficult for an institution to borrow money, and this can impact its ability to meet its financial obligations.
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To determine the value of a rights offering, the stockholder needs to know the following two pieces of information in addition to the current stock price: A) subscription price and the number of rights needed to acquire a new share.
B) current market price per share and the number of rights needed to acquire a new share.
C) current market price per share and the standby fee.
D) detachment date and the subscription price.
E) the number of rights needed to acquire a new share and the number of shares currently owned.
Answer: the subscription price and the number of rights needed to acquire a new share.
In addition to the current stock price subscription price and the number of rights needed to acquire a new share. Existing shareholders can participate in a public company's rights offering at a fixed price known as a subscription price.
The word could also be used to describe the price at which a stock's warrant holders can exercise their rights. Along with debt offers, a company's may issue warrants at various points in time. a request for the general public to purchase fresh shares of a corporation. The amount that subscribers to the subscription price offering will initially pay per share of holding company conversion stock.
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when a minor enters into a contract, the minor has which of the following rights? multiple choice the minor has the right to disaffirm the contract only after reaching the age of majority. the minor may disaffirm part of the contract before reaching the age of majority and then ratify the remaining provisions of the contract after reaching the age of majority. the minor has the right to disaffirm the contract before or within a reasonable time of reaching the age of majority. the minor has a right to ratify the contract before reaching the age of majority if the adult party agrees.
The minor enters into a contract, the minor has which of the following rights because their contracts are voidable]
minors have the right, until a reasonable time after reaching the age of majority, to disaffirm or void their contracts.
A mistake that occurs when one party to a contract is mistaken as to a material fact.
Minimum mental ability required by law for a party to enter into a contract and be obligated by it is known as the "contractual capacity." Three categories of people are recognised by common law as lacking adequate capacity to be obligated by their contracts:
Unmarried individuals under the age of eighteen (18) are generally permitted to engage into any contract that an adult may, provided that the contract is not one that is expressly forbidden by law for minors (e.g., agreement to purchase cigarettes or alcohol). Contracts entered into by minors, however, are typically voidable by the minor, unlike those entered into by adults.
Mentally Sick or Incompetent People: Agreements made by people who, at the time of contracting,
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According to the "feedback critique": Multiple Choice 13 O market structure may affect the firm's conduct O the conduct of firms in an industry may affect the firm's performance. O All of the statements assOciated with this question are correct O the conduct of firms in an industry may affect the market structure.
According to the feedback critique (D) All of the statements associated with this question. It is because the major element of business such market structure, firm's performance, and also the conduct of forms is unity.
Feedback generally can be defined as highly subjective, difficult to measure. Feedback usually contains statements that start with the phrases “I don't like” or also “I like” . In a firms or cooperation, critical feedback usually used to help attain positive outcomes by providing an individual with suggestions, comments, advice, critiques appropriate for their life, work or future. So that based on feedback critique, they are inseparable and mutually exclusive.
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Arkansas Company is preparing its statement of cash flows using the indirect method. Refer to the following information:
1. Repayments on Longminusterm Notes Payable $ 59 comma 000
2. New borrowing on Longminusterm Notes Payable $ 25 comma 000
Which of the following statements is correct?
A.
Net cash used for financing activities is $(34 comma 000).
B.
Net cash used for investing activities will is $ 59 comma 000.
C.
Net cash provided by financing activities is $ 34 comma 000.
D.
Net cash provided by investing activities is $ 34 comma 000.
Arkansas Company is preparing its statement of cash flows using the indirect method. This is because the Net Cash used for financing activities is $(34 comma 000). Hence, option B is appropriate.
What is the meaning of Financing?The discipline of financing is the examination of money, money systems, and capital assets. It is associated with economics, which is the study of the generation, circulation, and consuming of money, assets, goods, and services, but it is not the same as economics.
The process for raising capital or finances for any type of spending is known as financing.It is the process of allocating different financial resources, such as credit, loans, and invested capital, to the areas of the economy that may most benefit from them.
Hence,option B is correct.
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Which of the following statements are true? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) In the weighted-average method, the percentage completion of beginning inventory has no effect on the equivalent units of production. In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unit. In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost of the units transferred out.
In the weighted-average method, the percentage completion of beginning inventory has no effect on the cost per equivalent unit, is the true sentences.
The COGS and inventory amounts are determined using a weighted average in the Weighted Average Cost (WAC) technique of inventory valuation in accounting. The weighted average cost method divides the price of the items up for grabs by the quantity of them. Under IFRS accounting as well as GAAP, the WAC approach is acceptable.
The cost of items available for sale is the collective name for these expenses. Either COGS or ending inventory receives the cost of things that are ready for sale. A cost flow assumption is one that allocates the costs of the items that are for sale.
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marginal cost is equal to p3. b) marginal revenue is equal to p3. c) average total cost is equal to p6. d) average revenue is equal to p2.
A) The point at which marginal revenue and marginal cost are equal will be reached by a monopoly that is focused on increasing profits.
The price will then be set so that the quantity demanded at that price equals the output level that maximizes profits.
The definition of the various curves is the first step in answering this question:
A Curve: Curve B: The Demand Curve the Curve of Marginal Revenue
What does it mean to maximize profits?
Businesses go through the process of profit maximization to ensure that the best output and price levels are achieved in order to maximize returns. In order for the company to achieve its profit objectives, it makes adjustments to influential factors like the sale price, production costs, and output levels.
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on december 31 spearmint, incorporated, issued $450,000 of 9 percent, 3-year bonds for cash of $461,795. after recording the related entry, bonds payable had a balance of $450,000 and premium on bonds payable had a balance of $11,795. spearmint uses the straight-line bond amortization method. the first semiannual interest payment was made on june 30 of the next yearplete the necessary journal entry for june 30 by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
The entries in the journal as of June
30 will result in a credit to the Cash Accounts and a debit to the Interest Expenses and Premium Accounts. Additionally, the Bond Ac, Premium on Bonds, and Proceeds Account will both be debited.
The following will be the journal entries for the specified accounting transaction in Spearmint Inc.'s books:
Interest expense Ac. Dr.
18,284.17
High-end Ac. Dr.
1,965,83
To cash account 20,250
Proceeds Ac. Dr
461,795
To Bonds Payable Upon Ac.
450,000
To Bond premiums are due to Ac.
11,795
The official record of every company activity is a journal entry. A transaction is, in the broadest sense, any financial activity that has an impact on the firm.
They encompass all exchanges involving the movement of money, including interest payments, depreciation, costs, and payroll. They encompass more than just the exchange of goods and services. Instead of being processed automatically like invoices or cash receipts are, general journal entries are manually entered into the general ledger.
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Devin is tasked with a long-term goal of building his brand’s customer base. Which of these ad types can help build brand awareness by featuring a custom headline, logo, and set of products?Custom ads
Video ads
Sponsored Products
Sponsored Brands
Sponsored Brands are cost-per-click (CPC) advertisements that include your brand's logo, a unique headline, and numerous items.
Explain about the Advertisement?A public communication that promotes a good, service, brand, or event is commonly referred to as an advertisement, sometimes known as an advert or ad. Some people consider the word to include any paid communication intended to enlighten or influence, which is an even larger meaning.
A surefire way to reach an audience is through advertisements. Advertisements can have a direct impact on business if they are well-crafted and cost-effectively reach your target audience.
In order to advertise a good, service, or cause, advertising involves buying space. Ads, as in short for advertisements, are the real promotional messaging. Reaching those who are most likely to be prepared to pay for a company's goods or services and persuading them to do so is the aim of advertising.
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a curve showing the average total cost for different levels of output when at least ___ input of production is fixed, typically plant capacity, is the short-run average cost curve
one
A curve showing the average total cost for different levels of output when at least One input of production is fixed, typically plant capacity, is the short-run average cost curve.
A cost curve is a graph that shows the costs of production as a function of the overall amount produced in economics. A cost curve is the end result of productively efficient enterprises in a free market economy optimising their production process by minimising cost consistent with each feasible level of production.
Cost curves are used to determine output volumes by profit-maximizing businesses. There are several distinct kinds of cost curves that are all connected to one another, such as total and average cost curves, marginal cost curves that are equal to the difference between total and marginal cost curves, and variable cost curves. While some apply in the near term, others do so in the long term.
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which of the following is a microeconomics question? 1) what determines the level of u.s. imports and exports?
The question that how will Apple decide on a selling price for the iPad is a question of microeconomics.
The social science of microeconomics investigates the consequences of incentives and choices, particularly how they influence the allocation and utilization of resources. Microeconomics explains why and how different things have varying values, how people behave and profit from effective production and trading, and how individuals may work together and cooperate best.
In general, microeconomics offers a fuller and much more deep knowledge than macroeconomics. The subject of microeconomics focuses just on probabilities (tendencies) that result from people making decisions in response to shifting motivations, prices, commodities, and/or production processes. Microeconomic subgroups for independent actors, like customers, dealers, and businesspersons, are frequently formed.
The complete question is here:
Which of the following is a microeconomics question?
A) Why do economies experience periods of recession?
B) what determines the level of u.s. imports and exports?
C) Why has growth in the economy slowed down over the past decade?
D) How will Apple decide on a selling price for the iPad
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if you were stranded on a deserted island with only one method of investment analysis, which one would it be and why?
Obviously a knife! investment asked, more over half of our coworkers said they would always have a knife on hand. You would need to locate food, drink, and shelter as soon as you could if you were stranded on an island alone.
Look for rivers or streams that have drinkable fresh water. Drink dew or rainfall that has accumulated on shelter leaves if you are unable to find any. When you're investment on a desert island, staying hydrated is always your top priority. Finding water should be your top priority, unless it's rainy season. You will need to improvise if you can't find a water source and have only collected a few coconuts.
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which of the following options represents the advantage(s) of making a purchase with a credit card instead of cash? select all that apply. the credit card can be used for electronic payment. the credit card purchase can include interest fees. the credit card can be replaced if lost or stolen. the credit card can be used for a payment by mail.
The benefit of using a credit card to make a transaction over cash is that electronic payments may be made using a credit card.
Explain about the Credit card?A credit card is a sort of credit facility that banks offer to consumers to enable them to borrow money up to a pre-approved credit limit. It makes it possible for customers to buy goods and services.
Thankfully, the majority of cards can be divided into three main groups depending on the advantages they provide: rewards credit cards, low interest and balance transfer cards, and cards for establishing credit.
Earn benefits like miles or cash back. the prevention of credit card theft. Free credit score details. zero foreign transaction costs. increased capacity for purchases.
The Credit Limit, also known as the Credit Card Limit, is, to put it simply, the most money that a person is permitted to charge to their Credit Card. The issuing company establishes this limit.
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a portfolio is comprised of 60% of stock a and 40% of stock b. consider the following information, what is the expected return of the portfolio? g
The expected return of the portfolio is 7.8%.
Calculation for expected return
State of Economy Probability(P) Expected Return(x) P(x) = (P*x)
Boom 0.0500 28.0% 1.40%
Normal Economy 0.8000 14.0 11.20%
Recession 0.1500 -32.0% -4.80%
7.8%
Expected return of A = 7.8%
A portfolio is a cornerstone of making an investment withinside the markets. A portfolio is comprised of the numerous positions in stocks, bonds, and different property held, and is considered as one cohesive unit. The anticipated go back is the earnings or loss that an investor anticipates on a funding that has recognized historic quotes of go back (RoR). It is calculated through multiplying ability effects through the probabilities of them happening after which totaling those results.
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your company wants to ensure that users cannot access usb mass storage devices. you have conducted some research online and found that if you modify the hkey local machine\system\currentcontrolset\services\usbstor key, it will prevent usb storage devices from being used. which of the following tools should you use to modify this key? rds mmc regedit msconfig see all questions back next question
Use one or more of the following procedures, as appropriate for your situation, to prevent users from connecting to USB storage devices.
If the computer does not already have a USB storage device installed,
If the computer does not already have a USB storage device, assign the user or group as well as the local SYSTEM account. Deny access to the following files:
%SystemRoot%\Inf\Usbstor.pnf
%SystemRoot%\Inf\Usbstor.inf
Users will be unable to install a USB storage device on the computer if you do this. Follow these steps to grant a user or group Deny permissions to the Usbstor.pnf and Usbstor.inf files:
Launch Windows Explorer and navigate to the %SystemRoot%Inf folder.Click Properties after right-clicking the Usbstor.pnf file.Navigate to the Security tab.Add the user or group for whom you want to deny permissions to the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list.Note Add the System account to the Deny list as well.Select the SYSTEM account from the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list, then click OK. Click Properties after right-clicking the Usbstor.inf file.Navigate to the Security tab. Add the user or group for whom you want to deny permissions to the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list. Select the SYSTEM account from the list of Group or user names.Select the Deny check box next to Full Control in the Permissions for UserName or GroupName list, then click OK.Learn more about "Storage Devices" here https://brainly.com/question/4170730
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hich of the following is the best description of the u.s. tax system? group of answer choices the u.s. tax system is consistently progressive. the u.s. tax system is consistently regressive. the federal income tax is regressive, but sales, property, and other taxes tend to be progressive. the federal income tax is progressive, but sales, property, and other taxes tend to be regressive.
In its whole, the United States has a progressive taxation structure. A progressive tax system is one in which a person's tax burden tends to increase as their income does. the federal income tax is regressive. While sales, property, and other taxes can be regressive, the federal income tax is progressive.
In addition to paying more taxes overall, people with higher incomes also pay higher tax rates. The federal income tax in the United States is levied by the Internal Revenue Service (IRS) on the yearly profits of individuals, corporations, trusts, and other legal entities. Federal income taxes are due on all forms of income that go toward a taxpayer's taxable income, including wages, salaries, commissions, bonuses, tips, investment income, and some types of unearned income. The US has progressive individual federal income tax rates,
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new builders inc. enters into a contract with o'reilly to refurbish a garage on his property as an auto repair shop. o'reilly's neighbor pete challenges the project as a violation of the local zoning laws. a court orders a halt to the project. o'reilly's contract with new builders is
If New builders inc. enters into a contract with O'reilly to refurbish a garage and a court orders a halt to the project, O'reilly's contract with new builders is:
DischargedWhat does it mean to discharge a contract?To discharge a contract simply means to terminate such a contract. When a contract is discharged, it ceases to exist and the parties who are signatories to it will no longer be bound by the rules of the contract.
In the case described above, we can see that the court halted the project between the two construction firms. Since there is a court injunction to this effect, the contract ceases to exist and the parties will no longer be bound by any obligation to the contract.
So, the discharge of a contract is a term that is used to indicate the termination of a contract where the parties are no longer bound by the terms.
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the long run demand curve for an item, such as delicatessen sandwiches, tends to be more elastic than the short run demand curve for the same item because longer periods of time give the consumer a greater chance to seek
The Above Statement Is True. For produced items, supply is typically more elastic over the long term than over the short term.
Which is true in terms of the elasticity of supply over the long and short terms? Given that it is generally believed that all production factors can be used to increase supply in the long run, supply is typically more elastic in the long run than in the short run for produced goods. In the short run, however, only labor can be increased, and even then, changes may be prohibitively expensive.The presence of suitable alternatives nearby.Any price increase on a product will be met with a significant decrease in demand as consumers migrate to alternatives if there are more substitutes available.This leads to a relationship between price elasticity of demand and the quantity of substitute products.For produced goods, supply is typically more elastic over the long term compared to the short term because it is generally believed that over the long term, all production factors can be used to increase supply, whereas over the short term, only labor can be increased and even then, changes may be prohibitively expensive.To learn more about demand curve refer
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in the united states, under what rule or doctrine may targets take antitakeover actions that are reasonable and proportional to perceived threats to shareholder interests?
In the united states, under unocal standard rule or doctrine may targets take antitakeover actions that are reasonable and proportional to perceived threats to shareholder interests.
A shareholder is any individual, agency, or institution that owns shares in a employer's stock. A enterprise shareholder can maintain as low as one share. Shareholders are issue to capital profits (or losses) and/or dividend payments as residual claimants on a firm's earnings.
A shareholder of a enterprise is an man or woman or felony entity this is registered by means of the organization as the felony owner of shares of the share capital of a public or personal organisation. Shareholders can be referred to as contributors of a agency.
A shareholder is a person or institution that has invested cash in a corporation in trade for a “proportion” of the possession. That possession is represented by way of common or preferred stocks issued via the organization and held (i.e., owned) by the shareholder.
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a manufacturer estimates its factory overhead costs to be $30,000 and machine hours to be 4,000 for the year. if the actual hours worked on production total 3,800 and the actual factory overhead costs are $28,000, what is the amount of the over- or underapplied factory overhead?
If a manufacturer estimates its factory overhead costs to be $30,000 and machine hours to be 4,000 for the year. The amount of the over- or underapplied factory overhead is :$500 overapplied.
How to find the over- or underapplied factory overhead?First step is to find the estimated overhead rate
Estimated overhead rate = 30,000/4,000
Estimated overhead rate = $7.5
Now let find the over- or underapplied factory overhead
Over- or underapplied factory overhead = ($7.5 x 3,800) -$28,000
Over- or underapplied factory overhead = $500 overapplied
Therefore the over- or underapplied factory overhead is $500 overapplied.
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the determinants of price elasticity of demand generally include i. substitutability ii. time iii. proportion of income iv. luxuries versus necessities
The determinants of price elasticity of demand generally include substitutability.
Rate Elasticity of demand = % alternate in quantity Demanded / % alternate in the fee. for example, if the amount demanded for a product will increase by 15% in response to a ten% discount in fee, the price elasticity of the call for would be 15% / 10% = 1. five.
Call for an amazing is stated to be elastic whilst the pliancy is extra than one. a very good with an elasticity of −2 has elastic demand because the amount falls two times as a good deal as the charge growth; an elasticity of −zero.5 has an inelastic call because the amount reaction is half of the fee boom.
Price elasticity measures the responsiveness of the amount demanded or furnished of an awesome to trade in its fee. it is computed as the share exchange in the amount demanded—or provided—divided by the percentage change in rate.
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this photo shows a portion of the maine coast. the brown muddy area in the foreground is influenced by tidal currents. what term is applied to this muddy area? name the type of tidal current this area will experience in the hours to come.
Among the many charming Mid-Coast Maine towns are Boothbay Harbor, Camden, Rockport, and Rockland.
Where should I go on the coast of Maine?A remarkable journey is touring the Maine Coast. It takes time to view the entire Maine Coast because there is more shoreline than California (3,478 miles). With 17 million acres and 6,000 lakes and ponds, Maine's state territory is larger than the combined size of the other 5 New England states.We advise traveling the breathtakingly beautiful Maine Coast in segments, staying several nights in each town, due to its size and abundance of beach roads. Explore the peninsulas of this amazing coast by venturing off the usual path.Use I-95 (the Maine Turnpike) to drive from south to north rather than using Route One, is our advise for driving in Maine. Although parts of Route 1 seem to be on the coast, the Interstate is much faster.To Learn more About Coast Maine towns refer to:
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What is the most important part of business?.
Business enhances people's lives in two different ways. For starters, it supplies individuals with high-quality goods as well as services that they require overall their enjoyment, comfort, as well as health.
Second, a business provides people with chances to create income and enhance their quality of life.
The executive summary was, without a doubt, the most crucial component of a business plan. It should be brief, precise, and well-written. Many of the individuals who read their business plan would determine whether or not to keep on reading based only on the executive summary.
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monopolistic competitors often hire a celebrity spokesperson to advertise their product. one explanation for why such advertising works is that:
The fact that a firm is willing to pay the large fees associated with celebrity advertising signals to consumers that it is a major company and that it is therefore likely to have a reliable product.
A customer is someone or a group who intends to order, or makes use of bought goods, merchandise, or services on the whole for private, social, circle of relatives, family and comparable needs, who isn't immediately related to entrepreneurial or enterprise sports. The term most generally refers to a person who purchases goods and offerings for private use.
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3. why are so many ineffective systems in place in organizations? how would you set about to change this if you were in charge of an organization?
There are many reasons why this could happen including a lack of faith between departments, the feeling by 1 department that else department is helpless of performing its position or incompetent management in the departments. The departments diversion the organizational structure and communication start to break down.
The changes this if i in charge of an organization will be :-
Be specific with facts in hand. It is prime to confront to your worker about their respective performances.
Consider the needs of your worker.
Focus on comment.
Provide Act Support Technology.
Offer an honor and recognition.
Communication is usually defined as the transmission of data. The term can also mention just to the news communicated or to the field of query studying such transmissions. There are many disagreements about its accurate definition.
What are the 4 types of communication?
There are 4 basic presenting styles are: passive, aggressive, passive-aggressive and assertive. It is important to realize each communication style, and why personal use them.
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the following transactions were completed by hammond auto supply during january, which is the first month of this fiscal year. terms of sale are 2/10, n/30.
the following transactions were completed by Hammond auto supply during January, which is the first month of this fiscal year. terms of sale are 2/10, n/30.
A monetary transaction is a settlement, or verbal exchange, between a consumer and dealer to trade goods, services, or property for payment. Any transaction involves an alternate inside the status of the budget of or more businesses or people.[1] An economic transaction always involves one or greater economic assets, maximum usually money or every other valuable item which includes gold or silver.[2]
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a and b enter into a contract. a few days later, they agree to discharge each other from the contract. what has occurred? multiple choice a mutual repeal a mutual rescission a substituted contract a novation
A and B enter into a contract. A few days later, they agree to discharge each other from the contract.
This is a situation of Mutual Rescission.
In contract law, rescission are an equitable remedy that allows contractual party to cancel the contract. Parties might rescind if they are the victims of a vitiating factor, like as misrepresentation, mistake, duress, or undue influence. Rescission is the unwinding of a transaction.
What are the two types of rescission?
There are two kinds of rescission, namely rescission in equity and rescission de future. Also referred to as rescission ab initio, that is from the beginning, rescission in equity works by rolling back the contract to the initial state of affairs, before the parties in question accepted the terms of the contract.
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a _____ is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operations expert.
A standard time is a reasonable estimate of the amount of time needed to perform a task based on an analysis of the work by an operations expert.
What is the standard time in accounting?The number of standard hours authorized is the number of hours of work time that should have been used during a fiscal period. It is calculated by multiplying the number of units produced by the standard hours per unit.
The time allotted to an operator to complete the specified task under the specified conditions and at the defined level of performance is referred to as standard time. This is how normal time is defined. To arrive at the usual time of a task, some additional time is added to the primary time.
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