The following illustrates the tragedy of the commons: a nonprofit organization does a winter clothing drive, and the first people to show up to get winter clothing grab far more than they need, leaving nothing for the families that show up a few minutes later. The correct option is d.
What is the tragedy of the commons?The tragedy of the commons is a situation in which individual users, who have open access to a resource unhampered by shared social structures, formal rules, charges, fees, or taxes that regulate access and use, act independently according to their self-interest and, contrary to the common good of all users.
It causes depletion of the resource through their uncoordinated action in the case that there are too many users related to the available resources.
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what is called whether the consumer's demand for a different quantity at each price causes the demand curve to shift to the left or to the right?
Demand patterns can alter. Changes in factors like average income and preferences may cause a whole demand curve to move to the right or left.
What does "demand" in economics mean?
Demand is simply the consumer's immediate and willing willingness to pay for goods and services. The quantity of goods that customers are prepared and willing to buy at various prices within a particular time frame is referred to as demand.
For instance, the pizza slice that a client buys first when they are starving will be the one that is most useful. With each additional slice, the utility falls and the customer's satisfaction rises. Theoretically,.
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productivity is a measure of multiple choice input per dollar of output. input per unit of output. output per unit of input. output per dollar of input.
Productivity refers to the measure of the output per unit of input. Thus it is the amount of output accomplished relative to the number of inputs used to produce the output.
What is the importance of productivity?Productivity is a gauge of how effectively anything, whether a good or service, is produced. Measures of productivity are generally expressed as a ratio of an aggregate output to a single input, an aggregate input used in a manufacturing process, or as output per unit of input, typically over a certain time period.
An economy is able to create and consume a growing number of goods and services for the same amount of effort thanks to the development in productivity. Productivity matters to people that includes workers and customers, company executives, and experts like government statisticians and politicians. The ratio of output to input indicates the production level.
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What are the 7 wavelengths in order?
There are several types of wavelengths in different fields, so the answer to this question depends on the context. Here are a few examples of different types of wavelengths and their order:
Electromagnetic Spectrum Wavelengths (from highest energy to lowest energy):
Gamma rays
X-rays
Ultraviolet
Visible light (violet, blue, green, yellow, orange, red)
Infrared
Microwaves
Radio waves
Visible Light Wavelengths (from highest frequency to lowest frequency):
Violet
Blue
Green
Yellow
Orange
Red
Sound Waves in Air (from highest frequency to lowest frequency):
Dog whistle
Piccolo
Flute
Violin
Human voice
Bass guitar
Bass drum
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at the equilibrium price, there are multiple choice shortages. no shortages or surpluses. excess inventories. surpluses.
It is impossible to have shortages or surpluses at the equilibrium price. This indicates that there is inventory and that the total amount of the surpluses by producers is equivalent to the amount of the demanded by consumers.
What products do consumers demand more of today?Consumers tend to demand more of a normal good as their incomes rise. When consumers' incomes rise, their demand for inferior goods decreases.
What's a good illustration of demand?The most useful restaurant slice, for instance, will be the slice a consumer can purchase first when they're starving. The utility falls and the customer's satisfaction rises with each additional slice.
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a situation in which early exercise of an american put can be justified is a) bankruptcy b) merger c) if x exceeds s0 by greater than any transaction costs. d) both a and b
An instance when early exercise of an American put is appropriate is. bankruptcy
If a person or business is unable to pay their debts or other obligations, they may file for bankruptcy. It gives a fresh start for people who are trying to make ends meet. To begin the bankruptcy process, a petition is filed, either on behalf of the debtor, which happens more frequently, or on behalf of bondholders, which happens less frequently. Individuals or other businesses that are unable to repay their creditors may seek partial or whole relief from their debts through the legal procedure of bankruptcy. Typically, bankruptcy is imposed by a court order that the debtor regularly requests. Because an insolvent person may have multiple legal statuses, the word "bankruptcy" is not a synonym for insolvency.
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all of the following are true regarding business customs in south africa except: question 7 options: men and women in business expect to be treated equally first meetings are less about business and more about establishing a relationship most south africans prefer face-to-face interactions appointments should be made as far in advance as possible
You ought to conceal your lips in a polite manner when yawning. It's rude to spit in public. Always show more respect to people who are older than you.
In South Africa, tips company make up 10% of overall goods costs and are not usually added to the total. In South Africa, company are hierarchical, and decisions are ultimately made after consultation with lower-level employees. Due to the lack of employment goods opportunities in Africa, South Africans are typically exceedingly loyal to their employers and places of employment.
They frequently work for the same company their entire working lives. With the intention of generating income and defending the domestic market, they are imposed on imported goods.
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which of the following are ways to enhance the development of capacity strategies? multiple select question. make sure the system is capable of meeting all demand during peak periods. continuously increase capacity to exploit economies of scale. consider the overall impact on the system and environment. decide whether to use a following or leading strategy.
The following are ways to enhance the development of capacity strategies.
continuously increase capacity to exploit economies of scale.decide whether to use a following or leading strategy.The correct option is B and D.
Why is capacity strategy important?Capacity planning assists businesses with budgeting and scaling in order to determine optimal levels of operation: Budgeting advantages: Capacity planning aids in determining how services are provided, as well as the appropriate time frames and staffing levels required to meet current demand while covering all operational costs.
Management strategies that are commonly used include lead strategy, lag strategy, match strategy, and dynamic strategy. Businesses can benefit from using this strategy in a variety of ways, including streamlined operations, increased market share, customer retention, and acquisition.
Thus, the ideal selections are B and D.
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knowledge check 01 which of the following statements about why companies frequently choose to lease assets are true? (select all that apply.) check all that apply leasing offers flexibility when disposing of the asset. leasing offers flexibility when disposing of the asset. leasing offers tax savings over outright purchases. leasing offers tax savings over outright purchases. leasing provides protection against the risk of declining asset values. leasing provides protection against the risk of declining asset values. leasing reduces the upfront cash needed to use an asset. leasing reduces the upfront cash needed to use an asset.
The following statements are true about why companies frequently choose to lease assets
Leasing offers flexibility when disposing of the asset.Leasing reduces the upfront cash needed to use an asset.A Leased Asset exists as a resource rented by the proprietor to one more party as a trade-off for cash or some other blessing. While renting a resource, the proprietor enters into an agreement allowing the other party the brief utilization of a resource.
Long-haul resources exist as interests in an organization that will help the organization for a long time. Long haul resources can contain fixed resources like an organization's property, plant, and hardware, yet can likewise contain elusive resources, which can't be genuinely contacted like long haul ventures or an organization's brand name.
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suppose congress enacted investment tax credits to spur more business investment. what impact would this have on the loanable funds marker?
Let's say Congress passed an investment tax credit. As a result of tax credits, investments that may be funded with borrowed money will be much more profitable. The need for loanable funds will consequently increase.
Money supply and interest rates will both increase. Government borrowing increases, which raises the demand for loanable cash. This comes as a result of the government's direct increase in borrowing. The investments of national saving, also known as the total income in the economy, or national credit, is what remains after paying for consumption and government purchases to calculate the amount of loanable funds.
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When determining a form of business organization, all of the following are considered EXCEPT:
A. Who owns the firm.
B. What are the owners' risks.
C. What are the tax ramifications.
D. The physical location of the business
When determining the form of a business organization, all of the following are considered except the physical location of the business. Hence option (D) is the answer.
Is the physical location of a business important?A physical location encompasses the entire area connected to the site as well as any additional areas a worker might occupy when traveling to, from, or inside it. The best employees are difficult to find and keep, and many of them are very conscious of their location to achieve the ideal work-life balance.
The performance of a business over the long run can hence be greatly improved by wise location choices. Finding a balance between three connected goals is the fundamental goal when selecting a business location, like the expense of the procedure, client care that the organization hopes to offer, and the location's potential for financial success.
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shibuno shops had a suta tax rate of 2.7%. the state's taxable limit was $8,000 of each employee's earnings. for the year, shibuno shops had futa taxable wages of $77,900 and suta taxable wages of $93,900. compute:
If shibuno shops had a suta tax rate of 2.7%. the net FUTA tax is $467.40 and the net SUTA tax is $2,592.
How to find the net futa tax and net suta tax?To compute the net FUTA tax and net SUTA tax, we need to first calculate the taxable wages subject to each tax and then apply the respective tax rates.
For FUTA:
Taxable wages = $77,900 (since there is no taxable limit for FUTA)
FUTA tax rate = 0.6%
Net FUTA tax = Taxable wages x FUTA tax rate = $77,900 x 0.006 = $467.40
For SUTA:
Taxable wages = $8,000 per employee (since that is the taxable limit)
Number of employees = $93,900 / $8,000 = 11.74 (rounded up to 12)
Total SUTA taxable wages = $8,000 x 12 = $96,000
SUTA tax rate = 2.7%
Net SUTA tax = Total SUTA taxable wages x SUTA tax rate = $96,000 x 0.027 = $2,592
Therefore, the net FUTA tax is $467.40 and the net SUTA tax is $2,592.
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The complete question is:
garrison shops has a suta tax rate of 2.7%. the state's taxable limit was $8,000 of each employee's earnings. for the year, garrison shops had futa taxable wages of $77,900 an suta taxable wages of $93,900. compute net futa tax and net suta tax
which of the four airlines has historically been considered one that competes based on a low price competitive strategy (i.e., consumers can fly for low cost)?
The airline that has historically been considered to have a low price competitive strategy is Southwest Airlines.
Southwest Airlines has a long history of being a budget carrier. The business keeps costs down while putting the client first and offering affordable fares. Southwest uses a point-to-point network, only uses one kind of aircraft to reduce expenses, and flies to secondary airports in order to maintain a low-cost structure. In comparison to other sizable carriers like Delta and American Airlines, it offers incredibly affordable costs. To be able to offer low prices, Southwest has to base its business strategy on having minimal operating costs. It only has a small variety of aircraft, which aids the airline in cutting costs.
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chuck and mike need to divide a couch and a pool table. using the method of sealed bids, they place the following bids on the items. chuck bids $528 on the couch, and $94 on the pool table. mike bids $118 on the couch, and $157 on the pool table. chuck will get the couch. mike will take the pool table and will also get a little bit of money from chuck. to make the division fair, how much money will chuck have to give to mike?
To make the division fair Chuck will have to give $410 to Mike.
What is the division ?Division is a mathematical operation that is used to determine the number of equal parts that can be made from a whole. It is the opposite of multiplication, which is used to find the total number when a number is multiplied by another number. Division is used to divide a number into equal parts and it is also used to find the remainder when a number is not divisible by another number. Division can be expressed in a fraction, decimal, or percentage.
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a free-market system cannot operate effectively and fairly without a reliable foundation in contract law.
true
false
A free market framework can't function fairly and successfully without the need for a solid foundation throughout contract law, as well as all buyers and sellers should be self - assured that now the transaction they are about to enter into will be concluded as specified. This statement is true.
What are the basic principles of contract law?
An offer and otherwise proposal has been made through one party and accepted by the other, resulting in an agreement. Both parties' free consent is required. Parties need to have good mental health. Intention of Legal Obligations.
Is it necessary for a contract to be in writing in order to be enforceable if achievement is unimaginable inside one year?
To really be enforceable under the Statute of Frauds, any contract which cannot be performed within one year must be written in writing.
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Not all voices of protest during this period came from the unions. identify the political agendas of the following individuals.a. Upton Sinclair: He called for the state to utilize disused factories, farms, and homes to create cooperative ventures to provide jobs for the unemployed.b. Huey Long: He called for a restructuring of the American economy in which wealth would be confiscated and redistributed to provide $5,000 grants and guaranteed jobs with annual salaries.c. Dr. Francis Townsend: He won wide support for a plan that would issue $200 to older Americans with the requirement they immediately spend it to boost the economy.
He demanded that the government develop cooperative ventures that would provide the unemployed economy with employment using abandoned factories, farms, and homes.
Upton Sinclair is the correct name.His suggestion to give seniors $200 and have them spend it immediately away in order to boost the economy was highly supported.It ought to say Francis Townsend, Dr.In order to provide $5,000 grants and ensured employment with annual salaries, he demanded that the American economy be reorganised.proper spelling.Short Huey He called for a restructuring of the American economy in which wealth would be confiscated and redistributed to provide $5,000 grants and guaranteed jobs with annual salaries.Correct label:Huey Long.The processes of an economy are greatly influenced by factors such as a person's culture, values, education, technical development, history, social organisation, political structure, legal system, and availability of natural resources. In addition to providing context and content, these factors establish the rules and conditions under which an economy runs
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person-focused pay programs depend, in large part, on well-designed training programs. question 8 options: true false
I believe that the company's true person-focused pay policies rely heavily on effective training programs.
Which five popular training modalities are there?There are five main categories of training: orientation training, vocational training, trade training, internship training, and retraining.
What is an exercise strategy?An structured method of developing a training curriculum for staff members is called a training strategy. In order to ensure that staff members have the skills necessary to produce good business results, an efficient employee orientation program is a key stage in their professional growth.
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why might the demand for money for u.s. $100 bills in emerging markets be greater than the demand for money for lower-denomination u.s. bills?
Because of Store of value, Illegal activities, International trade and Perception of quality the demand for money for u.s. $100 bills in emerging markets be greater than the demand for money for lower-denomination u.s. bills.
Store of value: U.S. $100 bills are widely recognized as a reliable store of value and are often used as a means of saving money, especially in inflation countries with high inflation rates or unstable local currencies.
Illegal activities: U.S. $100 bills are also commonly used in illegal activities, such as drug trafficking or money laundering, because they are easier to transport and conceal than larger denominations.
International trade: In some cases, U.S. $100 bills may be preferred for international transactions because they are widely accepted and recognized as a form of payment in many countries.
Perception of quality: Some people may perceive U.S. $100 bills as being of higher quality or more reliable than lower-denomination bills, which may lead to a higher demand for them.
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vincent invested $3,000 in a regular savings account that paid compound interest at a rate of 2.75% per year, compounded quarterly. how much was his investment worth in three years?
The correct answer is $3,257.08. vincent invested $3,000 in a regular savings account that paid compound interest at a rate of 2.75% per year, compounded quarterly.
The future value of a loan or investment may be determined using the formula FV = P*(1+R/N)(N*T), where FV is the future value, P is the original principle, R is the yearly interest rate, N is the number of times interest is compounded annually, and T is the length of time in years. Therefore, when compounded continually, it will take around 36.62 years to treble the investment. It is computed by adding the yearly interest rate increased to the number of compound periods and subtracting one after multiplying the initial principal amount by one. The resultant value is subsequently deducted from the loan's entire original amount. P stands for principle, I stands for interest rate, and n stands for compounding periods.
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alpha, inc. is saving money to build a new factory. six years ago they set aside $250,000 for this purpose. today, that account is worth $306,958. what rate of interest is alpha earning on this money?
Alpha, Inc. is saving money to build a new factory. Six years ago they set aside $250,000 for this purpose. Today, that account is worth $306,958. The mentioned account has a 3.48% interest rate.
The annualized interest rate is the rate of return on investment calculated annually. This metric is more significant than the holding period return since it takes into account the variable maturity of each investment.
The first deposit is $250,000.00.
The current balance is $306,958.
N = 6 holding period
Calculate the yearly interest rate (I):
I = [tex]N\sqrt{Current balance / initial deposit}[/tex] - 1
I = [tex]\sqrt[6]{306,958 / 250,000}[/tex] - 1
I =3.48%
The interest rate is the amount charged by the lender to the borrower in addition to the principal amount. In terms of the receiver, a person who deposits money in any bank or financial institution gains extra money due to the time value of money, which is referred to as interest received by the depositor.
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what factors that affect a sales manager's performance are outside the manager's control? (choose every correct answer.) multiple select question. an inadequate sales force poor implementation of a sales strategy successful competition an economic downturn
Successful competition, an economic downturn that affect a sales manager's performance are outside the manager's control.
What ought I should include in my manager's performance evaluation?In a review, you can laud your manager's aptitude for establishing objectives for you and your team. Sharing a concrete instance of a goal they established and how it benefited you can be useful. For instance, you may mention how setting milestones for each stage of a particular project helped you maintain concentration on the various responsibilities.
What kind of management is ideal?A good manager cares deeply about the output of their team and the quality of their own job. Others are motivated by a person's passion and zeal to work hard and accomplish their goals. When managers are enthusiastic, they start thoughtful, original, and creative conversations with their staff.
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Correct question:
What factors that affect a sales manager's performance are outside the manager's control? (Select all that apply.)
Successful competitionPoor implementation of a sales strategyInadequate sales forceAn economic downturnif the federal reserve wishes to increase the money supply, it should: group of answer choices decrease the discount rate. increase interest paid on reserves. sell government bonds. decrease the monetary base.
If federal reserve wishes to increase money supply, it should sell the government bonds.
What is money supply?Money supply refers to the total amount of money circulating within an economy at a given time. It includes all physical currency, such as banknotes and coins, as well as deposits held in checking accounts, savings accounts, and other types of financial accounts. The money supply is a crucial economic indicator, as it directly affects the level of inflation and economic growth. Central banks have a significant role in managing the money supply, using a range of monetary policies such as interest rates, reserve requirements, and open market operations to influence the amount of money in circulation. Understanding the money supply is essential for policymakers, investors, and economists in analyzing economic trends and forecasting future developments.
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rohan, inc., has sales of $15.2 million, total assets of $9.8 million, and total debt of $3.7 million. the profit margin is 6 percent. what is roa?
Rohan, Inc. has an ROA of 9.3%. This means that for every dollar of assets the company owns, it generates approximately 9.3 cents of net income.
To calculate the Return on Assets (ROA) for Rohan, Inc., we need to divide its net income by its total assets:
Net income = Sales x Profit margin = $15.2 million x 6% = $912,000
ROA = Net income / Total assets = $912,000 / $9.8 million = 0.093 or 9.3%
This measure is important for evaluating a company's efficiency in generating profits from its assets.
The return on assets (ROA) shows the percentage of how profitable a company's assets are in generating revenue.
This number tells you what the company can do with what it has, i.e. how many dollars of earnings they derive from each dollar of assets they control. It's a useful number for comparing competing companies in the same industry. The number will vary widely across different industries. Return on assets gives an indication of the capital intensity of the company, which will depend on the industry; companies that require large initial investments will generally have lower return on assets. ROAs over 5% are generally considered good.
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in 2001 an outbreak of hoof-and-mouth disease in europe led to the burning of millions of cattle carcasses. what impact would you expect this event to have on the following? a. the supply of cattle hides: decrease b. hide prices: increase c. the supply of leather goods: decrease d. the price of leather goods: increase
The supply of cattle hides will decrease impact would you expect this event to have on the following.
Do you think this affected the availability of cattle hides?
Due to the fact that leather products are created from cow skins, a drop in the supply of cow hides will result in a decline in the market's supply of leather products.
Keeping demand constant while there is a decrease in the supply of leather goods on the market causes the supply curve to shift to the left, which raises the price of leather goods.
What functions do cattle serve?
Cattle are frequently raised as livestock for their hides, which are used to produce leather, for their milk, which is used to make meat (beef or veal; see beef cattle), and for these purposes.
They are employed as draft animals and riding animals (oxen or bullocks, which pull carts, plows and other implements).
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Look at the data under PURCHASE BEHAVIOR. How often do consumers in this segment purchase a backpack? a. Roughly $56 [$37/unit *.50%=18.5] [37+18=56]b. 22.5[45*.50]c. Wide padded [decent comfort and capacity numbers]d. A purchase every four years
The purchase behavior shows that a consumer in the segment of backpack makes a purchase in every four years.
Consumer means any person or person not directly involved in business or trade who intends to order or use the purchased item, product or service, primarily for personal, social, family or household purposes. is a group of
Consumers in the economy purchase products and services primarily for personal use rather than for resale or business purposes. A customer must pay money (or its equivalent) for a product or service. As a result, consumers are an integral part of any economy and play a key role in the economic system of capitalist societies.
Hence the correct option is D
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chelsea technology maintains its records using cash-basis accounting. consider the following: during the year, the company received cash from customers, $49,000, and paid cash for salaries, $26,500. at the beginning of the year, customers owe chelsea $1,000. by the end of the year, customers owe $7,800. at the beginning of the year, chelsea owes salaries of $6,800. at the end of the year, chelsea owes salaries of $3,900. determine cash-basis net income and accrual-basis net income for the year.
The cash-basis net income for the year is $22,500, and the accrual-basis net income for the year is $32,200.
Cash-basis accounting recognizes revenue and expenses when cash is received or paid, while accrual-basis accounting recognizes revenue and expenses when they are earned or incurred, regardless of when cash is received or paid.
Using the information given, we can calculate the cash-basis net income as follows:
Cash receipts from customers = $49,000
Cash payments for salaries = $26,500
Cash-basis net income = Cash receipts - Cash payments
Cash-basis net income = $49,000 - $26,500
Cash-basis net income = $22,500
To calculate the accrual-basis net income, we need to adjust the cash-basis net income for the changes in accounts receivable and accounts payable. The change in accounts receivable represents the revenue earned but not yet received in cash, while the change in accounts payable represents the expenses incurred but not yet paid in cash.
Change in accounts receivable = Ending accounts receivable - Beginning accounts receivable
Change in accounts receivable = $7,800 - $1,000
Change in accounts receivable = $6,800
Change in accounts payable = Ending accounts payable - Beginning accounts payable
Change in accounts payable = $3,900 - $6,800
Change in accounts payable = -$2,900 (a negative value indicates a decrease in accounts payable)
Accrual-basis net income = Cash-basis net income + Change in accounts receivable - Change in accounts payable
Accrual-basis net income = $22,500 + $6,800 - (-$2,900)
Accrual-basis net income = $22,500 + $6,800 + $2,900
Accrual-basis net income = $32,200
Therefore, the cash-basis net income for the year is $22,500, and the accrual-basis net income for the year is $32,200.
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the view that a successful strategy is less the product of deliberation and planning than it is the product of the collision of intentions and reality, whether internal or external, is referred to as
The view that a successful strategy is less the product of deliberation and planning than it is the product of the collision of intentions and reality, whether internal or external, is referred to as Emergent Strategy.
The emergent strategies are those systems taken on considering an exhaustive investigation of both outside and interior climate as it were. Rising methodologies are those actions which are taken to guarantee that an organization develops and is effective in any event, when there are no specific laid-out points or objectives.
Nonetheless, the proclamation that a rising technique can exist in just an inner and outside climate is valid.
This is on the grounds that these interior and outside factors are the reason the methodologies are set up to ensure that there is an acknowledged objective in the organization and that coherence is guaranteed.
If it's not too much trouble, note that an inside climate is one that straightforwardly affects the company, while an outer climate doesn't straightforwardly influence the organization
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in the current calendar year, gina has had a strong year and brought in 3.5 million dollars of investments for smith/blackwell. which dimension of trustworthiness does this most help her build?
In the current calendar year, Gina has had a strong year and brought in 3.5 million dollars of investments for smith/Bracknell. Ability dimension of trustworthiness does this most help her build.
What is investments?An investment is a valuable item bought with the intention of increasing one's wealth. While stocks, bonds, and real estate are frequently included when discussing investments. The investment is the benefit of the future. The investment are the share and the mutual funds, or banks are to save the money also the large interest on the money.
According to the Gina has had an intense year and bring forward in 3.5 million dollars of investments for smith/Bracknell. It was the ability dimension of trustworthiness was the build.
As a result, the significance of the investment are the aforementioned.
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The duty of business to contribute to the well-being of society is called: ________
The duty of business to contribute to the well-being of society is called corporate social responsibility
A business concept called "corporate social responsibility" pushes companies to act in ways that help society and the environment rather than damage them. CSR helps to improve a lot of societal aspects as well as firms' reputations. Corporate responsibility programmes are a great method to raise morale at work. CSR is crucial for a business's reputation, ability to attract customers, employees, and investors, as well as for keeping top talent on board and attaining overall economic success. Volunteering, charitable work, ethical workplace practises, and environmental projects are the four different CSR initiatives that a firm may undertake.
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there is a substantial and growing body of research evidence showing a strong connection between how firms and the economic results they achieve.group of answer choicesmanage their peopleselect board memberseducate their management staffdiversify their product line
There is a substantial and expanding body of data that demonstrates a strong correlation between how (A) businesses manage their employees and the financial success they experience.
What is Management?The administration and coordination of tasks to accomplish a goal is management.
Setting the organization's strategy and organizing staff efforts to achieve these goals through the application of resources available are examples of such administration activities.
There is a sizable and growing body of evidence that shows a direct link between how organizations manage their staff and their level of financial success.
Planning, organizing, staffing, leading, and managing are the five general responsibilities that makeup management at its most basic level.
Therefore, there is a substantial and expanding body of data that demonstrates a strong correlation between how (A) businesses manage their employees and the financial success they experience.
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Complete question:
There is a substantial and growing body of research evidence showing a strong connection between how firms _____ and the economic results they achieve.
A. manage their people
B. select board members
C. educate their management staff
D. diversify their product line
How do companies regulate trade?
Answer:
Explanation: Protective tariffs, import quotas, trade embargoes, and voluntarily restrained exports are the four primary categories. The protective tariff, which is a levy on imported goods, is the most prevalent kind of trade barrier. Tariffs are used by nations to increase income and shield home sectors against international imports that are more affordable.
