The equilibrium quantity of labor decreases and the equilibrium wage increases when the labor supply shifts to the right.
Labour economics, or exertions economics, seeks to apprehend the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by means of labourers, normally in trade for a wage paid by means of annoying firms.
The definition of hard work is bodily or mental work or attempt. An instance of exertions is studying difficult for a check. An instance of exertions is a woman giving delivery to a child.
Labor is a measure of the paintings completed through human beings. it's far conventionally contrasted with different elements of manufacturing, inclusive of land and capital. some theories awareness on human capital, or entrepreneurship, (which refers to the abilities that employees possess and no longer always the real work that they produce).
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Gifts galore had $189,000 of sales revenue from wrapping paper sales last year. total contribution margin was $100,170 and total fixed expenses were $27,500. the contribution margin ratio was?
the contribution margin ratio was 53%
(100,170/189,000 = 53%)
What is Margin ratio?
The capacity of a business to convert revenues into profits is gauged by margin ratios. Without a reference point, standalone data just offers a snapshot and has limited relevance. Applications for margin ratios include credit research, firm performance, and valuation.
At different levels of assessment, margin ratios show the company's capacity to turn revenues into profits. Examples include operational margin, net margin, cash flow margin, EBIT, EBITDA, EBITDAR, NOPAT, operating expense ratio, and overhead ratio.
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One of the problems with using the discount rate as a monetary policy tool is that it is difficult to predict ________ when the discount rate changes.
One of the problems with using the discount rate as a monetary policy tool is that it is difficult to predict "changes in discount window borrowing" when the discount rate changes.
This is further explained below.
What is the discount rate?Generally, A discount rate is the rate of return that is used in corporate finance in order to bring the value of future cash flows back down to their current level.
This rate is often a company's Weighted Average Cost of Capital (WACC), needed rate of return, or the hurdle rate. It refers to the rate of return that investors anticipate earning in proportion to the level of risk associated with an investment.
In conclusion, When the discount rate is adjusted, it may be difficult to accurately foresee "changes in discount window borrowing," which is one of the drawbacks associated with utilizing the discount rate as a tool for monetary policy.
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complete question
One of the problems with using the discount rate as a monetary policy tool is that it is difficult to predict ___________ when the discount rate changes.
A. changes in inflation
B. changes in discount window borrowing
C. changes in the US dollar exchange rate
D. changes in long-term interest rates
Which principle dictates that managers should receive a raise in pay based upon their contributions to the organization, and not based on their gender?
A Distributive justice is the principle that dictates that managers should receive a raise in pay based upon their contributions to the organization, and not based on their gender.
What is the Distributive justice?It is a principle that is mainly concerned with the fair allocation of resources among the diverse members of a community; the fair allocation takes into account the total amount of goods to be distributed, distributing procedure and the pattern of distribution that results as well.
In an organization setting, the principle occurs when all employees believe that outcomes are equitable, that is, the outcomes are either tangible such as pay or intangible such as positive feedback.
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inaccurate can lead to excess and/or shortages throughout the organization and the supply chain.
Inaccurate can lead to either excess or shortages throughout the organization and the supply chain.
What is a supply chain?The network of all the people, businesses, resources, tasks, activities, and technological advancements involved in the production and distribution of a good is known as a supply chain. Every stage of the process, from the movement of raw materials from the supplier to the producer to the ultimate distribution to the client, is included in a supply chain.
Farming, refinement, design, manufacturing, packaging, and transportation are a few instances of supply chain operations.
For the planning, design, manufacturing, inventory, and distribution phases necessary to create and market a company's goods, SCM offers centralized control. By coordinating the actions of the various supply chain participants, supply chain management aims to increase efficiency.
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break-even analysis determines what sales volume must be reached for a product before the company's total revenue equals total costs.
It is True that break-even analysis determines what sales volume must be reached for a product before the company's total revenue equals total costs.
How does break - even analysis determines?A specified ideal sales mix or the volume of output can be determined using break-even analysis. The metrics and computations employed in the research are not used by outside parties like investors, regulators, or financial institutions; instead, they are intended solely for a company's management to use.
The break-even point is calculated in this sort of study (BEP). By dividing the entire fixed production costs by the cost per unit less the variable production costs, the break-even point is determined. Fixed costs are expenses that don't change no matter how many units are sold.
The amount of fixed expenses is compared to the profit generated by each extra unit produced and sold in a break-even analysis.
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Which relationship between marginal utility (mu) and price (p) indicates that a consumer is maximizing his or her utility regarding spending on two goods?
(MUx / Px) = (MUy / Py) is the relationship between marginal utility (mu) and price (p) indicates that a consumer is maximizing his or her utility regarding spending on two goods
What is marginal unity?A consumer's increased enjoyment from owning one extra unit of a good or service is known as marginal utility. Economists utilize the idea of marginal utility to estimate how much of a given good buyers are willing to buy.
When you consume more things, your total utility rises, which is known as positive marginal utility. On the other side, negative marginal utility arises when consuming an additional unit results in a reduction in overall utility.
The concept of marginal utility is used by economists to analyze how consumer decisions are impacted by degrees of satisfaction. The law of diminishing marginal utility is another idea recognized by economists. The initial unit of consumption of a good or service has greater utility than subsequent units, according to this statement.
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your grandfather invested $2,000 in a stock 49 years ago. currently the value of his account is $208,000. what is his percentage compound rate of return over this period?
The answer is 0.15%
Percentage compound rate return or the geometric return takes into account the compound interest over the number of periods.
Here, we know that
Current deposit = $208,000
Initial deposit = $2,000
To calculate compound rate return/ geometric return, the formula used will be:
[(current deposit value/initial value)^1/no. of years ]-1
Putting the values from above, we get,
= [(208,000/2,000)^1/49]-1
= [(1040)^0.0204]-1
= 1.15-1
= 0.15%
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had no stock transactions in 2021, so the change in stockholders' equity for 2021 was due to net income and dividends. if dividends were $45,000, how much was murphy's net income for 2021? use the accounting equation and the statement of retained earnings.
The statement of retained earnings is $539,000.
A dividend is when a employer distributes earnings to its shareholders. while a organization makes a income or surplus, it is able to pay a part of the profit to its shareholders as dividends. amounts now not allotted might be reinvested inside the business enterprise.
Dividends are usually paid to shareholders quarterly, even though some groups pay dividends semi-yearly. payments may be received as coins or reinvested in enterprise stock. Dividends indicate that a business enterprise has solid cash go with the flow and is worthwhile, and also can offer a non-stop profits circulate for buyers.
Equity = Total Assets – Total Liabilities
Dec’18 = 540,000-37000 = $503,000
Dec’17 = 38000-24000 = $14,000
Change in Equity during the year i.e. Change in retained earnings = 503000-14000 = $489,000
Net Income = Dividends + Change in retained earnings
= 50,000+489000
= $539,000
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Is ______ correlated with the level and efficiency of financial markets and institutions.'
Yes, economic development is correlated with the level and efficiency of financial markets and institutions.
Financial institutions and markets are referred to collectively as the financial system. This financial system serves as the foundation of the national economy. This is because the efficiency with which the financial system operates is critical to a country's economic development. The role of the financial system may be obscured because we take its existence for granted. However, once we pay attention to the financial system, it is easy to see why it is so important in a country's economic development.
The government is the party best suited to maintaining financial systems. However, excessive government intervention is undesirable because it disrupts the laissez-faire policy, which is critical for financial markets.
As a result, the government faces a difficult task. Its purpose is to ensure the proper operation of the financial systems. However, it is expected to do so without direct intervention in order to foster a favorable environment for economic development.
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from the 2017 tax cuts and job act, a reason to choose sole proprietorship, partnership or corporation as a form of organization is:
According to the 2017 Tax Cuts and Job Act, the number of employees is a factor in deciding whether to form a corporation, partnership, or sole proprietorship.
A sole proprietorship, often known as a sole trader, is an unincorporated business with a single owner who reports business profits to their personal tax return.
As a type of company organization, sole proprietorships are typically not subject to state regulation. Initially operating as sole proprietorships, businesses later adopt a more, deduction introduced by the Tax Cuts and Jobs Act of 2017. A deduction was established for households with income from pass-through businesses by the Tax Cuts and Jobs Act of 2017.
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a company received dividends of $0.35 per share on 300 shares of stock it holds as a stock investment with insignificant influence. the journal entry to record this transaction would be to debit cash for $105 and credit dividend revenue for $105.
True, a company received dividends of $0.35 per share on 300 shares of stock it holds as an investment. The journal entry to record this transaction would be to debit Cash for $105 and credit Dividend Revenue for $105.
A dividend is a payment made by a company to its shareholders that is decided by the board of directors. Dividend payments are frequently made quarterly and can take the form of cash payments or stock reinvestments. Dividends give investors another way to profit, particularly if current income is the main objective. For financial objectives, many investors discover that purchasing and holding businesses with a solid track record of paying dividends makes sense. A great investment plan may include dividend investing. Historically, less volatile dividend stocks have outperformed the S&P 500. Taxes must be paid even if you reinvest all of your dividends in the same company or fund that gave them to you in the first place.
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List three ihrm-related questions that must be answered within an mne as it seeks to establish its international strategy.
There are three types of countries interested in international HRM movements — home country, host country, and third country.
List three ihrm-related questionsHR-related queries that must be answered within an MNE as it aims to establish its international strategy.
1. Do we have familiar staffing for a global strategy?
2. Does the firm have sufficient personnel to enforce foreign operations?
3. Will we be able to find and draft the talent necessary for international processes?
It starts that international HRM operations have to be various from those of domestic HRM.
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at one point in the evolution of marketing, the united states entered a buyer's market and the customer became king. which era is being described?
Market-Oriented era is being described. Market orientation is a business approach that focuses on identifying consumer wants and desires and developing products and services to suit those needs. The Coca-Cola Company's mission statement reflects market orientation: "Consumer demand drives all we do."
For example, if a car business practices market orientation, it will research what buyers want and need in a car rather than producing models designed to mimic the trends of other manufacturers. For example, if a car business practices market orientation, it will research what Consumer want and need in a car rather than producing models designed to mimic the trends of other manufacturers.
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In analyzing the pharmaceutical industry for a prospective business launch, nicole turco, a ph. D. In pharmacology, concluded that the industry was attractive because the threat of substitutes is ___________.
In analyzing the pharmaceutical industry for a prospective business launch, Nicole Turco concluded that the industry was attractive because the threat of substitutes is low.
What is known as substitutes?Basically, a substitute refers to the product or service that can be easily replaced with another by consumers; in consumer theory, it refers to the product or service that consumers see as essentially the same or similar-enough to another product, that is, it is a good that can be used in place of another.
It play an important part in the marketplace and are considered a benefit for consumers as they provide more choices for consumers who are then better able to satisfy their needs. It also provide choices and alternatives for consumers while creating competition and lower prices in the marketplace.
Therefore, In the analysis of the pharmaceutical industry for a prospective business launch by Nicole Turco, he concluded that the industry was attractive because the threat of substitutes is low.
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if the kingdom of arendelle had total exports of $150 billion and total imports of $234 billion, it had a .
If the kingdom of Arendelle had total exports of $150 billion and total imports of $234 billion, it had a trade deficit.
When a country imports more than it sells over a specific time frame, there is a trade deficit. The negative balance of trade is another name for it. When the balance or net amount of an account of international transaction is negative, this is known as a trade deficit. The balance of payments of international transaction accounts keeps track of all business dealings involving residents and non-residents where ownership changes hands.
On several categories within an international transaction account, a trade deficit or net amount can be calculated. Items such as goods, services, goods and services, current account balances, and the total of the current and capital account balances fall under this category.
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An increase in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on treasury securities, everything else held constant.
A increase in the riskiness of corporate bonds will increase the yield on corporate bonds and decrease the yield on Treasury securities, with everything else held constant. The correct answer is option(c).
Corporate bonds are the bonds that a corporation issues to obtain money for a number of purposes, such as continued operations, mergers, and acquisitions, or business expansion. It usually refers to debt instruments with a minimum one-year maturity that are longer-term in nature.
The United States Department of the Treasury issues United States Treasury securities, often known as Treasuries or Treasurys, to support government spending as an alternative to taxation. Treasury securities are among the safest investments because they are supported by the full faith and credit of the United States government. Treasury securities' revenue could be free from municipal and state taxes but not from federal taxes.
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The complete question is:
A increase in the riskiness of corporate bonds will ________ the yield on corporate bonds and ________ the yield on Treasury securities, everything else held constant.
A) increase; increase
B) decrease; decrease
C) increase; decrease
D) decrease; increase
much of the literature on process choice was developed in the context of manufacturing tangible objects. however, most of the jobs in operations relate to the delivery of intangible services. contemplate the descriptions of process types including job shops, batch flows, and assembly lines. how can these ideas be used to improve a service delivery system that you found to be unsatisfactory? in other words use these ideas on process flows to discuss how you would improve a service process that you have experience with. examples might include ideas like processing orders in batches instead of one at a time, or using an assembly line style process to handle car repairs instead of the job-shop approach taken in most garages.
Job Shop process flow is a good fit. Organizations may have minimal staffing to meet minimal demand. As customer demand increases, the company can hire employees on a contract basis to provide customer support. In this way, the company was able to save costs and meet customer requirements.
A second example is maintaining quality. Consistency of service is difficult to achieve as each client has different needs. Therefore, each order should be treated as a unique order, although the specific steps are the same. The system to follow should be a discrete approach that: B. The Batch Concept.
What is Job shop process flow?
A job shop is a type of manufacturing process that produces small batches of various custom products. In the toll manufacturing process flow, most manufactured products require a unique setup and set of process steps. Subcontractors are typically companies that manufacture custom parts for other companies. However, examples of contract manufacturers include a wide variety of companies: machine tool shops, machining centers, paint shops, commercial printers, and other manufacturers that produce custom products in small quantities. These companies are interested in customization and relatively low volume production rather than mass production and standardization.
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if price of a good rises, what happens to quantity demanded for that good? a.it does not change. b.it decreases. c.the answer depends upon the supply of the good. d.it increases.
According to the law of demand, demand for a good or resource will decrease as its price increases and increase as its price decreases.
The Right Option is B
The law of demand, a cornerstone of microeconomics, asserts that there is an inverse connection between price and quantity desired.What, using an example, is the law of demand?For instance, the first slice of pizza that a customer purchases when they are hungry will be the one with the most utility. The utility decreases and the consumer is more happy with each subsequent slice. Theoretically, the consumer could be willing to pay more for the first slice.
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marta's display campaign has delivered results beyond her expectations. she knows she increase returns with added spend, but that's not possible for her at the moment.
Marta’s Display campaign has delivered results beyond her expectations. She knows she increase returns with added spend, but that’s not possible for her at the moment. A performance planner would benefit her in this situation.
How would a performance planner benefit her in this situation?By teaching her employees the fundamentals of personal budgeting.By optimizing her available ad budget for maximum growth.By finding areas of her total budget that could contribute to marketing.By determining which of ads are most appropriate for her brand.To learn more performance planner, refer: https://brainly.com/question/17282947?referrer=searchResults
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perez company incurs annual fixed costs of $105,000. variable costs for perez’s product are $21.00 per unit, and the sales price is $35.00 per unit. perez desires to earn an annual profit of $63,000. required use the contribution margin ratio approach to determine the sales volume in dollars and units required to earn the desired profit.
When sales income and costs attributed to a certain time are equal, a corporation experiences a break-even point.
The level of operations at which a business experiences neither a profit nor a loss is referred to as the break-even point. sales income The outcome shows that Video Productions achieves financial stability at a monthly volume of 5,000 units. By calculating the revenue and overall costs for a volume of 5,000 units, we can demonstrate that this is correct. $100,000 in revenue equals (5,000 units x $20 per unit sold). ($40,000 fixed costs + $60,000 variable costs, computed as $12 per unit X 5,000 units) = $100,000 in total expenses. Look at the cost-volume-profit graph, and you'll see that the break-even point is at 5,000 units, when the revenue and total cost lines cross. Using video productions net loss at quantities under 5,000 units, but net profitability at volumes over 5,000.
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the customer's first impression of a hotel, whether positive or negative, will be associated with every other hotel within the chain.
The customer's first impression of a hotel, whether positive or negative, will be associated with every other hotel within the chain.
Why is the first impression of a hotel important?The customer's first impression of a hotel is very important.It is depended on various factors including the surroundings and premises of the workplace and also how the employees interact with the customers at the counter. This creates an effect on their first impressions.Courteous attitude from the employees are always expected from the customers and it can provide a positive impression in them.Ethical ways of approach and truthfulness are also counted.Cleanliness,attitude, grooming, tone of the voice are some other factors contributing to the first impressison.Unappealing appearance of the employee and staffs can create a hindrance in having a positive impression.Moreover whether the impression created is positive or negative, it will affect the entire hotels working within the chain.To learn more about hotel management, refer
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A system of management based on involving all employees in a constant process of improving quality and productivity by improving how they work is known as?
Total Quality Management is a management philosophy that centers on incorporating all staff members in a continuous process of raising standards for both product quality and worker efficiency.
Total quality management (TQM) is a method to management that focuses on long-term success via customer satisfaction. In a TQM initiative, every employee of an organization takes part in enhancing their workplace's processes, goods, and services.
TQM may be summed up as a management framework for a client-centered business that incorporates all staff members in ongoing development. To incorporate the quality discipline into the organization's culture and operations, it makes use of strategy, data, and effective communications. The new quality management systems that replaced TQM contain many of these ideas.
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The family over time has moved from being an economically productive unit to a(n)?
The family over time has moved from being an economically productive unit to: C. a consuming, service-oriented unit.
What is an economy?An economy can be defined as a function of how the various means of production, money, and scarce resources (raw materials) are carefully allocated and used to facilitate the demand and supply of goods and services in a country, so as to meet the unending needs or requirements of consumers.
The five (5) economic goals.In Economics, there are five (5) main economic goals and these include the following:
Full employmentEconomic growthEconomic stabilityEqualityEnhanced efficiency.Based on historical records and information, we can reasonably infer and logically deduce that families across the world have increasingly moved from being an economically productive unit to a consuming, service-oriented unit.
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Complete Question:
The family over time has moved from being an economically productive unit to _____.
a primarily dysfunctional unit
welfare dependent
a consuming, service-oriented unit
an individualistic, self-serving unit
Courts use a/an ______________________ to halt speech that is outside constitutional protection, like obscenity and false advertising.
Courts use a/an First Amendment to halt speech that is outside constitutional protection, like obscenity and false advertising.
The First Amendment ensures freedoms regarding religion, expression, assembly, and the proper to petition. It forbids Congress from both promoting one faith over others and also proscribing an individual's spiritual practices.
Congress shall make no law respecting an establishment of religion, or prohibiting the free exercising thereof; or abridging the liberty of speech, or of the clicking; or the proper of the human beings peaceably to bring together, and to petition the authorities for a redress of grievances.
The First Amendment lets in people to believe and practice something religion they want. They can also select now not to observe any faith. The government can, but, alter non secular practices inclusive of human sacrifice or unlawful drug use. Freedom of Speech.
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andre works with beta pharmaceuticals inc. he is primarily responsible for overseeing production activities, including decisions such as the number of product units that need to be manufactured, the overall functioning of the production plants, and the quality of products. andre is most likely to be a(n) manager.
Since Steve is responsible for overseeing production activities, this highlights that he is most likely an Operations Manager.
What an operations manager does is:
Show the organization what it means to inspire others.
Make critical decisions about planning, strategy, and policy.
Who is the manager of Operations?An operations manager is a crucial component of the management team and is in charge of high-level HR duties like employing top talent and developing training standards and hiring procedures. Through analysis and improvement, they also aim to improve the effectiveness, productivity, and quality of organizational processes.
A different name for them is a chief operating officer or COO.
Make operational policies and practices, implement them, and assess their effectiveness.
Help HR if necessary with recruitment.Encourage an organizational culture that respects superior achievement and high morale.control budgeting, auditing, reporting, and planning.participation of senior stakeholdersMake sure all legal and regulatory paperwork is submitted, and keep a look out for any infractions.While working with the board of directors to define values and mission, make plans for both short-term and long-term goals.Identify the company's problems and future potential, then address them.Make alliances and partnerships with other companies.Thus, operation managers are important in any organization.
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luzadis company makes furniture using the latest automated technology. the company uses a job-order costing system and applies manufacturing overhead cost to products on the basis of machine-hours. the predetermined overhead rate was based on a cost formula that estimates $592,000 of total manufacturing overhead for an estimated activity level of 74,000 machine-hours.
luzadis company makes furniture using the latest automated technology, total manufacturing is Machine-hours 60,000, and Manufacturing overhead costs $ 850,000.
Define automated technology.
Automation refers to technological applications where the amount of human input is reduced. This encompasses personal applications including home automation, business process automation (BPA), and IT automation. All procedures and tools that allow factories and systems to run automatically fall under the category of automation technology. These consist of tools, equipment, and other tools. Minimal human intervention is used. Examples of fixed automation include automatic assembly lines, specific chemical processes, and machining transfer lines used in the automotive sector. A type of automation for batch production is programmable automation. Automation is generally understood to be a technology that involves carrying out a process using programmed commands along with automatic feedback control to assure the proper execution of the instructions.
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________________________ means a company features a uniform product and message across countries.
Standardization way an employer features a uniform product and message across countries.
A product is an item provided for sale. A product may be a carrier or an object. it can be bodily or in digital or cyber shape. each product is made at a value and everyone is bought at a charge. The rate that can be charged relies upon the market, the great, the advertising, and the phase that is targeted.
A product is any object or provider you sell to serve a consumer's need or need. They can be physical or digital. bodily products encompass long-lasting items (consisting of motors, furnishings, and computer systems) and nondurable items (such as meals and liquids).
The term "product " refers to the end result of one or greater multiplications. for example, the mathematical statement could be examined as " times equal," which is known as the multiplier, the multiplicand, and their product. In advertising, a product is an item, machine, or service made to be had for patron use as of the purchaser demand; it is whatever that can be provided to a marketplace to satisfy the choice or need of a purchaser.
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If an entrepreneur believes in himself/herself and that their accomplishments and setbacks are within their own control, they possess a(n)?
If an entrepreneur believes in himself/herself and that their accomplishments and setbacks are within their own control, they possess an internal locus of control.
Confident businesspeople attract what they want. They put their best foot forward when speaking with potential customers, and those customers pick up on their enthusiasm and assurance. Others will believe in you when you are confident in yourself and know that you are the ideal person to complete the task. The internal locus of control of entrepreneurs is frequently very strong. The idea of locus of control describes whether a person thinks they are in charge of their future or that someone else is. For instance, we've all met folks who feel powerless over their life.
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according to the text, superior performance within the strategic business unit (sbu) is sought by asking which major question?
in step with the text, superior overall performance in the strategic commercial enterprise unit (SBU) is sought with the aid of asking the main question is a functional supervisor.
The definition of a superior is a person who is better in diploma, rank, numbers, etc. than others. An example of a superior is the supervisor of an enterprise. advanced comes from the Latin phrase which means above and it literally way something that is above others in best or reputation.
Superior means better or greater in value. An instance of advanced users as an adjective is an advanced manager which means a supervisor whose abilities have been evaluated as fantastic. An instance of advanced users as an adjective is a superior grade of 100% on an exam. (printing) Set above the primary line of a kind. you use superior to explain someone or something that is better than different comparable humans or matters. Your superior in an agency that you work for is a person who has a higher rank than you. They do now not have a lot communique with their superiors.
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A+company+borrowed+$29,000+by+signing+a+90-day+promissory+note+at+12%.+the+total+to+be+paid+at+maturity+of+the+note+is:_____.+(use+360+days+a+year.)
The total amount to be paid at maturity is $29870.
A company is a legal entity formed by a group of individuals to engage in and operate a business commercial or industrial enterprise. A company may be organized in various ways for tax and financial liability purposes depending on the corporate law of its jurisdiction.
Amount borrowed = $29,000
Number of days = 90
rate of interest = 12%
rate of interest for 90 days is 12÷360 *90
= 3%
Maturity amount
Interest amount + principal amount
29000×0.03 = 870
= 29000 + 870
= $29870
90-Day Letter is an IRS notice stating that there was a discrepancy or error within an individual's taxes and they will be assessed unless petitioned. The taxpayer has 90 days to respond, otherwise, the audit deficiencies will result in reassessment. Also known as a Notice of Deficiency.
Ninety-day short-term loans are often called payday loans or cash advance loans because you write a check to the lender for the amount you want to borrow, plus a service fee. The lender holds onto your check as collateral, and the full amount of the loan is due at the end of the 90 days.
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