Regarding the circular flow diagram of an economy, the market for factors of production links business spending to household income.
In economy, circular flow is a model in which the major exchanges are economy represented as goods and services, flow of money, etc. between economic agents household income.
The term household income generally refers to the combined gross income of all members of a household income above a specified age. Household income includes every member of a family who lives under the same roof, including spouses and their dependents. The incomes of everyone count even if they aren't all used to support the household. Household income also includes anyone living in that home even if they're not related. Household income is an important risk measure used by lenders for underwriting loans and economy is a useful economic indicator of an area's standard of living.
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a firm has average daily expenses of $2.13 million and average accounts payable of $112.7 million. on average, how many days does it take the firm to pay its bills?
The company spends $2.13 million on average per day, and $112.7 million is spent on average on accounts payable. The company pays its payments in 52.91 days on average.
Account payable is a liability account that shows how much money the business owes to third parties. The business must pay off the double during the same operational cycle. The balance sheet contains the account payable.
Add the balance of accounts payable at the start of the period to the balance at the conclusion of the period to determine the average accounts payable for the time period. To find the average accounts payable, divide the result by two.
The average daily expenditure on a specific task is determined by dividing the overall expenditure by the number of days required to complete the task: The project took 60 days to complete, costing $4500 each day on average.
Number of days = Average accounts payable / Average daily expenses
= $112.7 million / $2.13 million
= 52.91 days.
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Suppose there are two people: anna and bob. anna’s demand curve for donuts is p= 10 - qa . bob’s demand curve is: p= 10 - 2qb. what is the most efficient way to divide up 6 donuts between the two?
The market demand curve would be 10-2q
How to calculate the demand curve?
It should be noted that the market demand curve will be the sum of the individual demand curve.
The market demand curve will be calculated thus. Mary’s demand curve is p=10-qa .
bob's demand curve for donuts is given by . bob demand curve is given by p=10-2qb.
The slope will be:
= 1 x 2
= 2
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the government imposes an excise tax on house paint. the house paint tax incidence takes place within a market where the supply of house paint is elastic and the demand for house paint is inelastic. who pays the most of the excise tax?
Consumers of house paint pays the most of the excise tax if the government imposes an excise tax on house paint .
Which item best represents an excise tax ?
A regulated tax on certain commodities or services, including alcohol, cigarettes, and gasoline, is known as an excise tax. Instead of being levied internationally across national borders, excise taxes are national taxes imposed within a government infrastructure. Sales of motor gasoline, airline tickets, cigarettes, and other products and services are often subject to a federal excise tax.
Excise taxes can be imposed by the federal, state, and municipal governments. Excise tax revenue accounts for a very modest fraction of total revenue, with income tax serving as the principal source of income for the federal and state governments.
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which is an example of horizontal communication? question 1 options: a) a department head talks to another department head. b) a supervisor talks to one of her employees. c) a general manager talks to a front office manager. d) a department head talks to a supervisor.
a) A department head converses with a different department head.
A sort of workplace communication known as horizontal communication occurs when two coworkers on the same level of responsibility communicate. Employees with the same job title working in the same department fall under this category, as do those working in separate departments but at the same hierarchical level.
The flow of information in a professional situation is simply described by the definition of horizontal communication. For instance, if you operate in a team, horizontal communication refers to your interactions with your coworkers. It enables workers to relate to one another and develop a sense of comfort when expressing their opinions.
Horizontal communication benefits:
encourages collaboration and a sense of workplace oneness.reduces miscommunication because everyone is given the same information.increases creativity while enhancing problem-solving abilities.facilitates the coordination of teams and tasks.makes workers feel more powerful.To know more about horizontal communication, click on the link below:
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a sandwich shop wants to send out a coupon to people and plans to utilize the united states postal service age and income demographics to determine who will receive a coupon. which marketing method is the sandwich shot using?
The sandwich shop is using a form of direct marketing.
What is marketing strategy?
A marketing strategy is a company's overarching plan for connecting with potential customers and persuading them to purchase its products or services. A marketing strategy should include the value proposition of a company, key brand messages, details on customer target demographic trends, and other crucial elements. The four Ps of marketing—product, price, place, and promotion—are covered in-depth in a marketing strategy. The company's value proposition, which explains to customers just what company stands for, how something operates, and why it merits their business, should be the focal point of a clear marketing strategy. This gives marketing teams a blueprint to use as they develop initiatives for all of the company's goods and services.
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Answer:
Mail marketing
Explanation:
just did it got it right
a type of business that people enter into for the sole purpose of providing an income for themselves is known as:
A form of business that people start with the sole intent of earning money for themselves is referred to as a lifestyle business.
What does the term "lifestyle business" mean?A lifestyle business is one that is driven by a person's passion and makes enough money to allow the owner to work and live anywhere they want while maintaining their standard of living.
A lifestyle business is one that is founded and operated by its owners largely for the purpose of pursuing or preserving a particular lifestyle. So that the creator can spend their life anyway they like, the firm is designed to adapt to their lifestyle.
A lifestyle company is frequently (though not always) a passion that has evolved into a regular source of revenue. Blogging, writing, photography, teaching, cooking, and training are a few examples.
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brace, incorporated owns 90% of west common stock. this year, brace generated $50,000 operating income and received $10,000 dividends from west. brace's taxable income is:
Because Brace Inc. owns more than 80% of the dividend distribution business, the full amount of the dividend that was received may be deducted.
As a result, taxable income is $50,000.
The base income used to calculate taxes is known as taxable income. It may include all or part of the revenue and is lessened by outgoings and other deductions. Depending on the country and its system, different amounts are included as income, expenses, and other deductions.
Generally, anything you receive in exchange for personal services must be included in your gross income. Along with wages, salaries, commissions, fees, and gratuities, this also includes other types of remuneration including stock options and fringe perks.
100% of the dividend received may be deducted because Brace Inc. controls more than 80% of the dividend distribution company.
Consequently, taxable income = Operating revenue = $50,000
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assume the following sales data for the tatra software company: 2021 $960,000 2020 $750,000 2019 $600,000 if 2019 is the base year, what is the percentage increase in sales from 2019 to 2020?
The percentage increase in sales from 2019 to 2020 is 25%.
What is sales?
A sale is a deal involving two or more people where tangible as well as intangible goods, services, as well as assets are exchanged for cash. On rare times, a seller may also receive assets. In the financial markets, a selling can also be defined as an agreement between a buyer and a seller regarding the purchase price and delivery details of a financial security. A sale is largely a contract between a vendor of a particular item or service as well as a buyer who is ready to pay for that good or service, regardless of the context.
Statement showing computations
Particular Amount
Sales in 2019 600,000
Sales in 2020 750,000
Increase in sales in $ =
750,000 - 600,000 150,000
Percentage increase =
150,000/600,000 25%
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In new york city, government limits on the supply of taxis resulted in a price ________ the competitive market level, which would typically ________ economic efficiency.
In new york city, government limits on the supply of taxis resulted in a price above the competitive market level, which would typically reduce economic efficiency.
Economic efficiency:
Economic efficiency denotes an economic state in which all resources are allocated optimally. Any changes made to help one entity would harm another in an economically efficient economy.
Economic efficiency denotes a balance between loss and gain. Assume a farmer wishes to sell a portion of his land. The person who pays the most money for the land uses the resource more efficiently than the person who does not pay the most money for the land.
Economic efficiency is important because it enables businesses to cut costs while increasing output. Economic efficiency results in lower prices for goods and services for consumers. More efficient firms, as well as higher levels of productivity and economic activity, boost economic growth, according to the government.
So, the required answers are above and reduce.
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Assume that netflix has introduced a new bundle service for their streaming services. Bundle 1 includes a base price of $9 to cover 25 hours of streaming for the month and variable price of $0. 10 for every 30 minutes over that 25 hours. Bundle 2 includes no base price, but a variable price of $0. 25 for every 30 minutes of streaming per month. When a consumer attempts to decide which bundle to use, what is he or she determining?.
When a consumer attempts to decide which bundle to use, he or she is determining the Breakeven point.
The break-even point threshold is reached when overall costs and total revenues are equal, leaving your small firm with no net benefit or loss.
This is a crucial calculation to include in your business plan for every new venture. This is due to the fact that some businesses may take years before becoming profitable, frequently losing money in the initial months or years before achieving break-even. The Break-even point is crucial in any company plan given to a potential investor because of this.
This might be a useful tool for existing organizations to verify their potential recovery from disaster scenarios in addition to cost analysis and profit evaluation at various sales volumes.
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for about seven years, ellen and carlos have been working for stone eagle at the same level of management and doing similar kinds of work. ellen has been focusing on setting specific and difficult goals for herself and believes that exerting a high level of effort will result in the successful performance in her job. on the other hand, carlos compares himself to different managers, such as jada, who works for stone eagle’s competitor in a similar work position. carlos feels disheartened when he finds out that he is significantly underrewarded at stone eagle. from carlos’s view in this situation, ellen is an
The symptoms that Carlos is accustomed to are quite a lot different and also very much not required to be done. Carlos also has been using various ways in which these shapes and Ellen is an opportunist. Hence, the above statement is appropriate.
What is the meaning of Opportunist?Opportunists are those who can easily foil their own actions according to their various needs. Opportunists never miss any kind of opportunity takes it from taking advantage of one's situation also working on the fact.
An Opportunist also helps in understanding the fact that the people around are very much responsible for a lot of the above-made things. The most important part of the movement was the use of the people under its own dimensional mechanism.
In simple terms, one's failure is one's success. This will not only help them in the long run Opportunists also leads the life of someone else. Hence, the above statement is correct.
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The ceo of c & j construction is considering moving to a network structure. what would be the best reason to make such a move?
C&J Construction's CEO is thinking about switching to a network structure. The best justification for such a change is to concentrate on the organization's core skills and outsource less crucial tasks.
A loose connection of businesses that are managed by a small, centralized organization is referred to as a virtual network structure. This team is in charge of assigning tasks to the suitable businesses in the network.
For instance, if C & J Building's primary business was construction, it could establish connections with engineering and sales firms to outsource such tasks and concentrate on construction. When multiple firms are contracted to develop goods and services, a virtual network structure is created.
The departments that are unnecessary are eliminated from this sort of organizational structure, and specialized tasks like logistics and technical support are outsourced. British Telecom is a prime illustration of a virtual company. It is able to do so because it does not adhere to the framework of a "normal" organization, which allows it to function in more than a hundred nations.
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estimating inventory may be needed for all of the following reasons except a.when the inventory cost is based on a predetermined relationship. b.when it is impractical to take a physical inventory. c.when the periodic method is used instead of taking a physical inventory. d.when a fire has destroyed the inventory and inventory records.
Estimating inventory may be needed for all of the following reasons except when the periodic method is used instead of taking a physical inventory.
A detailed annual report produced by a corporate concern that includes all inventory, stock, work-in-progress, raw materials, finished goods, and other items. the things or things that are depicted on such a list, such as a retailer's inventory of goods. the whole worth of a stock of merchandise.
Periodic inventory is a type of accounting inventory where inventory and cost of goods sold are computed at the end of an accounting period as opposed to every day.
Physical inventory is a stock-taking technique in which retail workers manually count shop merchandise and modify the inventory levels in their POS software if they discover any errors.
Smaller companies with modest inventory holdings are best suited for a periodic inventory system. It is simple to do a physical inventory count for such businesses. Estimating the cost of commodities sold over predetermined time periods is likewise much simpler.
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the management at target stores was angry with goodyear tire company about its decision to also sell its brand through walmart. this is an example of .
The management at Target stores was angry with Goodyear Tire Company about its decision to also sell its brand through Walmart. This is an example of horizontal channel conflict.
What is horizontal channel conflict?When a franchisee in a neighbouring town feels that the territory of another franchisee has been trespassed upon, horizontal channel conflict results. Last but not least, multichannel conflict happens when a firm creates two or more channels that compete with one another for the same market.
Conflict between horizontal channels occurs at the same level inside a single distribution channel. An illustration of this is when two merchants that are affiliated with the same manufacturer have different promotional plans or service areas.
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andrew (age 30) received a traditional ira distribution (code 1) with a gross amount of $10,000 and a taxable amount of $8,000. he rolled over $5,000 the next week. what is the taxable amount of the distribution and how much additional tax will he owe?
The taxable amount of the distribution and how much additional tax will he owe are $3000 and $300.
This is the taxable amount of the withdrawal. For example, if your traditional IRA is $100,000 and you have made $15,000 in non-deductible contributions over the years, the non-deductible portion is 0.15 for him. Subtracting this from 1 gives us 0.85 for the taxable portion of the account.
Withdrawals from traditional IRAs are subject to income tax at the normal rate, and early withdrawals may be subject to a 10% penalty tax. There are exceptions to the rule, allowing early withdrawals without penalties or taxes. Exceptions to the 10-year rule are Eligible Designated Beneficiaries living spouses, minor children of account holders, disabled or chronically ill beneficiaries, and original IRA holders or 401s older than 10 years.
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in the age of the internet, which media organization(s) usually play the central role in gathering and reporting serious political and governmental news?
In the age of the Internet, the major news organization(s) usually takes the lead in gathering and disseminating important political and government news.
An entity such as a firm, institution or association that consists of one or more people and has a specific function is called an organization or organization (Commonwealth English; see spelling variants). The word is derived from the Greek word organon, which also means instrument, organ, and many instruments.
An organization that simultaneously performs public welfare functions and expands activities in the commercial market is known as a hybrid organization. A voluntary association is a group made up of volunteers. Depending on the jurisdiction, these groups, such as informal clubs or coordinating bodies with a specific objective, may be allowed to exist without express legal requirements.
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what statement regarding ethical climates is true?
It is true that an ethical climate significantly affects the frequency of ethical behavior. Thus, option c is the answer.
Ethical climate refers to the rules, codes, and laws that are maintained in an office environment, both formal and informal, which influences ethical behavior among the employees of the company.
Ethical behavior refers to the characteristics of honesty, hospitability, helpfulness, respect, and concern that is shared by the members of an organization or institution.
An ethical climate is of utmost necessity to inspire employees to follow ethical behavior. Our environment and climate affect our lifestyles and ways of behaving. Similarly, an ethical climate in the office might lead to cordial relations and a healthy work environment among the employees of the office.
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The complete question is given below:
What statement regarding ethical climates is TRUE?
a. Managers have little or no effect on the ethical climate in an organization.
b. An ethical climate significantly affects the frequency of ethical behavior.
c. The ethical climate of an organization is unrelated to employees' ethical behavior.
d. Ethical climates are unaffected by an organization's policies, procedures, and practices.
More than _______ of new businesses in the united states are service businesses, and service employment is _______.
More than 90% of new businesses in the united states are service businesses, and service employment is fewer.
What is business?Business can be described as the offering of services as well as selling of goods to the consumer so that profit can be made by the company that is doing the business.
It should be noted that business could involves the selling of products as well as the manufacturing of the product which can then been sold to the wholesaler and from the wholesaler to the retailer and through that to the final consumer.
It could also implies that the business is into offering of services to the consumer which could be inform of therapy as well as pedicure services or logistic services to different consumers in the town.
It should be noted that i the united states the business that can be found there could be based on the services as well as the production of goods, however in the country there are many business that are into services com[pare to those that are into production of goods as well as services.
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porter's model suggests that if a company develops a strategy around the unique qualities of its products (like apple, for example), then we can say it has a strategy. group of answer choices low-cost integrated competitive differentiation
The porter's model suggests that if a company develops a strategy around the unique qualities of its products (like apple, for example), then we can say it has a competitive strategy.
What is porter's model?Porter's model can be described s the model that focus on the Five Forces which is been used in the identification and analyzes of the competitive forces which is been used to affect the industry as well as helping to establish the industry's weaknesses as well as the strengths and this is very essential; because it help to determine the structure.
Therefore, the second option is correct.
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Which one of the following would not be considered a gift? A. Gift card. B. Cup of tea. C. Jewelry D. Money. B. Cup of tea
Among the given choices available Cup of tea will not be considered as a gift.
Giving something to someone else without expecting nothing in return or obtaining less than its fair value (FMV) is known as giving. The Internal Revenue Service (IRS) may levy a tax on gifts in certain situations.
If the donor has used up the yearly or lifetime gift exemption, gifts of money or property that are freely given or traded for less than market value may be liable to gift tax. Income earned from a gift cannot be exempt from tax under income tax regulations; rather, it will be considered as individual income and be subject to tax.
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You and three of your friends have stock in a corporation and are interested in voting one of your friends in as a new director for the corporation. There are three director positions open, but your group only owns a minority of the shares of stock in the corporation. Do you think there is anything you and your friends can do to ensure that your candidate for the board of directors wins?.
Yes, if the bylaws of the corporation allow you to pool your votes and vote them all for a single candidate.
What is corporation?
A corporation is a corporation a group of people or a business—that has been granted by the state the right to act as a single unit and is recognised as such in law for specific purposes. Early corporations were created through a charter. The majority of jurisdictions now permit the registration of new corporations. Although there are many different types of corporations, they are typically categorised by the law of the country in which they were established based on either the ability to issue stock or the purpose for which they were established.
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Which of the following would not be a required payment for the lessee under a net lease? (A) Janitorial; (B) Lease commission; (C) Property taxes
In a net lease, the landlord is responsible for paying the lease commission; the lessee is not compelled to make this payment.
A commercial real estate landlord will pay a real estate broker a fee known as a lease commission, or LC, in exchange for introducing a tenant who successfully completes a lease with the landlord. Typically, it comes out of the tenant's annual rent as a percentage.
As part of an overall cost-of-business line item in the accounts, LLCs are sometimes grouped alongside tenant inducements. The lessor typically makes two payments to cover the commission on a business lease. At the time of the lease signing, the tenant must pay the first half of the commission; the second half is payable when the tenant begins using the space.
The standard method for calculating lease commissions is to use a dollar amount per square foot per year or a percentage of the total base rent that the tenant will pay over the course of the lease.
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morris still owes his lender for the financing obtained in purchasing his home. several years later, morris took out a home equity line of credit. this means that .
Morris still owes his lender for the financing obtained in purchasing his home. Several years later, Morris took out a home equity line of credit. This means that the home equity line of credit won't be paid until Morris's first loan is paid off.
A home value credit extension, or HELOC, is a credit line got by your property that permits you a rotating credit line to use for enormous buys or to merge obligation from different credits with higher loan fees, similar to Visas.
When contrasted with specific other well known credit sorts, a HELOC oftentimes has a less expensive loan cost, and the interest might be charge deductible.
You should have accessible value in your home, and that implies that your home loan balance should be lower than the worth of your home, to be qualified for a HELOC. Regularly, you are allowed to get up to 85% of the home's worth, less any remaining obligation.
Furthermore, similar as when you previously accepted your home loan, a moneylender frequently considers your FICO rating and history, work history, month to month pay, and month to month expenses.
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on november 1, orpheum company accepted a $11,400, 90-day, 8% note from a customer to replace an account receivable. what entry should be made by orpheum on the november 1 to record the acceptance of the note?
The entry that should be made by Orpheum on November 1 to record the acceptance of the note is :
Debit Note Receivable $11,400; credit Accounts Receivable $11,400
The journal entry to record the transaction contains a credit to sales and a debit to notes receivable when a sale is made but no cash is received (instead, a promise to pay in the future, or a note receivable, is delivered). The balance sheet includes notes receivable as an asset.
In this instance, the sale was completed and was reflected as an accounts receivable. However, a note receivable with the same face amount afterward took the place of the accounts receivable. In order to reverse the entry, a credit would need to be made to accounts receivable, and a debit would need to be made to notes receivable. This journal entry shows an increase in notes payable and a decrease in accounts receivable.
So the answer is Debit Note Receivable $11,400; credit Accounts Receivable $11,400
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the table below represents the market for livestock. suppose there is a price floor set at $500 for a cow. calculate the surplus caused by the price floor.
There is neither surplus or shortage at the price given in the question for a cow for the livestock.
What is livestock and what would be the surplus caused by the price floor?Livestock is the stock of products of alive animals , which are produced at a rate to supply optimally.Price floor is the least of the price decided by the government for a particular good or services.It is given the price floor is $500 and the quantity is 1200 , it won't be as effective because the price floor is set on same equilibrium.The price floor should be set above the equilibrium price so there would not be surplus in this case.Hence there will be neither surplus nor shortage for the price floor set at $500.To know more about price floor visit:
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a study of fdi by the organization for economic cooperation and development (oecd) found which two results?
A study of fdi by the organization for economic cooperation and development (oecd) found of equity capital, reinvested earnings.
Funds invested in a company by investors in return for common or preferred stock is known as equity capital. equity capital is the foundational investment for a business, to which debt financing could be added. Equity in the context of finance refers to ownership of assets with potential obligations such as debts. Liabilities are subtracted from asset value to calculate equity for accounting reasons. By taking steps with the intention of, economic cooperation is a part of international cooperation that aims to create the conditions necessary to assist the processes of trade and financial integration in the international arena. This is the most fundamental type of economic cooperation. Member nations are allowed to choose their own commercial relations with non-member countries, but they must remove all trade restrictions between themselves.
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An economic system is a society’s system of production, distribution and consumption of?.
The manner in which a society manages the creation, transfer, and consumption of products and services is referred to as its economic system.
What is the process by which products and services are produced, distributed, and consumed in a society?
The system of producing, distributing, and consuming goods and services is known as the economy. Various forms of economies exist, including command, traditional, market, and mixed.
Which economic system's distribution and production are found?
Market-based economies, also known as free market economies, are self-regulatory and permit the production and distribution of goods in response to consumer demand.
An economic system is a mechanism used by communities or governments to coordinate and distribute resources, services, and goods throughout a territory or nation. Economic systems control the production factors, such as labor, capital, land, and physical resources.
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Consider a $100,000, 30-year, 5. 4% mortgage with monthly payments. What portion of the payments during the first 25 months goes toward principal?.
The portion of the payments during the first 25 months goes toward principal is 20.98%. Here is the attached solution.
What is Mortgage?
A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties. Simply put, a mortgage is a business transaction involving a borrower and a lender.The lender commits to repaying the loan over time, usually in a series of consistent installments that are separated into principal and interest. Loans are safeguarded by the property.Borrowers must submit an application through their preferred lender and make sure they satisfy a number of criteria, including minimum credit scores and down payments. Before they proceed to the closing stage, mortgage applications must pass a stringent underwriting procedure.To know more about Mortgage visit:
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Which of the following is an allocative policy tool? Group of answer choices
An innovation grant
Medical review board
Health inspections
Licensure
Health inspections are an allocative policy tool. Thus, option 3 is the answer.
Allocative policy tools refer to those tools which help in understanding the needs of different sectors and allocate them with their required budget.
An innovation grant is not an allocative policy tool as it is not related to the requirements of a particular sector. These grants are related to investments in short-term projects, and they do not help in allocating help to other welfare sectors.
Licensure is not an allocative policy as they are applied by the citizens as a part of the government's permission for various jobs.
The medical review board discusses the health developments of the medical sectors and allocates their available resources for various uses. However, an official inspection of the health departments can give the government a fair idea about the requirements of the department and hence allocate resources accordingly.
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when managing successful organizational change, what does it mean to take a holistic view?
It basically comes down to being able to run as many iterations as you can, improving your planning every time, until the organizational transformation is successful.
The required details for organization in given paragraph
A firm, institution, group, or other type of body made up of one or more people and serving a specific function is referred to as an organization or organization. Being organized, however, can improve your health and make you happier and more at ease. Your life can suffer greatly from disorganization. It may result in depression and elevated levels of stress. Additionally to posing a fire risk, mold growth, and dust accumulation, disorganization can also pose a physical threat. Utilizing resources efficiently is made possible by organization.
It not only helps in the right assignment of tasks to qualified workers, but it also maintains track of any resource and effort waste due to work duplication.
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