X = $40 billion.
Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact.
What is the expenditure multiplier's formula?Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact. Government expenditure growth stimulates the economy's overall demand and contributes to some real GDP growth. As a result of that increase, more people are employed and make money.Any changes in consumer spending that follow any real GDP expansion or contraction brought on by the application of fiscal policy are referred to as the multiplier impact.The expenditure multiplier illustrates the effects of a change in autonomous spending on overall spending and aggregate demand. Divide the final change in real GDP by the change in expenditures to determine the expenditure multiplier.To learn more about GDP refer to:
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condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period of 7 years for living in this housing facility?
$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.
What is condominiums?
A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.
320*12=3840
3840*7=$26880
A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.
Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.
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suppose you will need $12000 in 3 years. how much must you invest per month in order to have $12000 if money earns an annual rate 6% compounded monthly? how much of the $12000 is interest?
If you want to have $12000 in 3 years, you need to invest $ 305.06 each month. The interest you will earn is $1017.7.
The formula for the future value of an annuity is given by:
FV = C [(1 + r)ⁿ - 1] / r
Where:
r = interest rate per period
n = number of periods
C = amount of each annuity payment
Parameters given:
FV = 12,000
r = 6%/12 = 0.005
n = 3 years x 12 = 36 months
Plug these parameters into the formula:
12,000 = C [(1 + 0.005)³⁶ - 1] / 0.005
C = 60 / 0.1967 = 305.06
Hence, you need to deposit $305.06 per month.
The amount of interest = Future value - total deposit
= 12,000 - (305,06 x 36)
= 1017.7
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sanjeep takes out a $250,000 mortgage and makes monthly payments. the yearly interest rate on the loan is 5% and the loan is compounded monthly for 25 years. calculate the total amount of interest that sanjeep will pay. give your answer in dollars to the nearest dollar. do not include commas or the dollar sign in your answer.
Compound interest is computed as interest on the initial principal plus any accrued interest from prior periods.
Where should I begin while compounding interest?Savings instruments like CDs and savings accounts are the best choice if you're a beginner investor and want to start benefiting from compound interest as soon as possible with the least amount of risk feasible. Bank-issued CDs are financial products that have a minimal deposit requirement and pay interest on a recurring basis.
With an example, what is compound interest?Defining compound interest
For instance, if you deposit $1,000 in an account that offers 1% yearly interest, after a year you would have received $10 in interest. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.
P= $250,000
R= 5% = [tex]\frac{5}{100}[/tex]
N= 12
T= 25 years
A= P [tex]1+(\frac{r}{n})^{nt}[/tex]
= 25000 [tex](1+\frac{0.05}{12})^{12*25}[/tex]
= 25000 [tex](1.00416)^{300}[/tex]
= 87032.26
Hence the total amount is 87032.26
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f the labor force is 155.8 million people, and 141.4 million people are employed, what is the unemployment rate? round your answer to the nearest tenth.
If the labor force is 155.8 million people, and 141.4 million people are employed the unemployment rate = 9.2%.
What is unemployment ?The term unemployment refers to a situation in which a person is actively looking for labor but is unable to find one. The unemployment rate is considered an important indicator of economic health. The most commonly used measure of unemployment is the unemployment rate.When people are not working but are actively looking for labor . For example, Glenn didn't work at all last week despite trying to find a job, so he's counted as unemployed.Unemployment refers to the situation in which able-bodied people are looking for positive labor opportunities but are unable to find them for various reasons. For a person to be considered unemployed, he or she must be an active member of the workforce actively seeking gainful employment.To learn more about unemployment from the given link :
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Miles is planning to open a credit card, charge only his monthly
streaming service subscriptions (less than $50 per month), and pay his
entire bill in full each month so that he never has to pay interest. Which
of these factors do you think is most important for Miles to consider
when selecting a card? Why?
Answer:Miles is planning to open a credit card, charge only his monthly
Explanation:
streaming service subscriptions (less than $50 per month), and pay his
entire bill in full each month so that he never has to pay interest. Which
of these factors do you think is most important for Miles to consider
when selecting a card? Why?
The most important factor that Miles has to first consider on the credit card that he is to choose would be to interest rates that would be paid on the card annually.
What is a credit card?The term credit card has to do with the plastic card that would be issued to a user that has to do with the line of credit with which they would be able to make purchases and get goods and services from.
It helps one to be able to make purchases due to the fact that they have a good credit score.
In order to get a credit card one has to check to be able to ascertain the card that has the best rates. This is what would make the fee that they are to pay for the ownership of the card to be cheaper compared to when it has a higher interest rate of payment.
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if assets are $100 million, liabilities are $30 million, and shareholders' equity is $70 million, what is the net book value (net worth) of the company?
70 million is the answer .
How is net worth of a company calculated?
Knowing a company's market worth is one thing, but by itself, it could not provide a whole picture of the company's value. This is particularly true for sectors that need substantial expenditures in property, machinery, and other expensive or valuable assets. In light of this, it's crucial to comprehend how to determine the net value of those assets. The process for determining a company's net value is actually rather simple:
Net worth is the sum of all assets less all liabilities.
The method used to determine one's personal net worth is the same as this one, which is also known as "shareholders' equity." This straightforward method effectively determines what would remain when a firm is liquidated and sold and how much of it would be distributed to each stakeholder.
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jean is an employee of fast pizza, a pizza delivery business. while driving to deliver a pizza for fast pizza, jean accidentally hits another car. the driver of the other car, named angela, files a lawsuit against fast pizza to recover the damage to her vehicle. this is an example of:
The above situation is an example of vicarious liability.
A supervisory party (like an employer) may be held liable for the wrongdoing of a junior or associate (like an employee) if there is a direct connection between the two. This is known as vicarious liability. This idea might be relevant in an incident involving a person delivering food. One of the responsibilities they have to their job is driving. Employers may be held vicariously accountable for accidents that happen while executing work-related responsibilities. Hence, Angela can file a lawsuit against Fast Pizza company to recover the damage costs for her car.
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Part 2 Directions
Reflect on what you see in your social media feeds and on other websites you visit. What kinds of posts,
articles, links, ads, etc., do you see that might be inside your filter bubble? Write them above the green
arrows. Then, think about steps you could take to burst your filter bubble, and write them below the red
arrows. What sites, people, opinions, etc., could you seek out? What other steps could you take?
What topics, opinions, people, websites, and experiences are inside your filter bubble?
Answer:
Explanation:
Reflect on what you see in your social media feeds and on other websites you visit. What kinds of posts,
articles, links, ads, etc., do you see that might be inside your filter bubble?
================================
I spend time doing Internet searches on 4 topics:
1) News updates on Ukraine, Jan 6th Committee, and local news
2) Travel information for leisure trips around the world and local
3) Science and Techology for presentations on current topics to the community
4) Search for movie and restaurant reviews
-----
This has led to many ads and articles that generally praise the destinations for tarvel, dining, and entertainment. I've also noticed a large increase in fake technology claims. Medications that cure anything. Energy-saving heating and cooling systems that seem to defy physics laws, and special offers from countries I've explored online. One time I got an email concerning an article that was just published that analyzed the impact on climate change on governments around the world, It predicted major conflicts between certain countries in the near future. Although I normally would have skipped reading this level of hype, the article was filled with references to news media and scientific journals, I began to explore deeper by going to the references. What I discovered was that the predictions for many of the events came from organizations that got funding from affected parties. A claim that Alaska had experienced it's worst flooding ever came from a small-town newspaper commenting on a nearby creek. Most of the refences were suspect, so I looked closer at the author. I discovered he was a writer who sold his work to magazines and nespapers. His list of authoritative articles ranged from global climate change, women's health issues, stock market fundamentals, accounting practices, . . . . you name it. He wrote whatever it took to get paid.
My filter bubble was feeding me biased information that usually had a monetary connection. It requires honest evaluation and careful research to avoid these misleading items.
============
Then, think about steps you could take to burst your filter bubble, and write them below the red
arrows.
-----------------------------
The steps I take to avoid misinformation is to fact-check where I can, and use judgement as to the honesty of the item. I use Scopes to check online for evidence of fake news. I also rely on referred journals for technical information.
=================
What sites, people, opinions, etc., could you seek out? What other steps could you take?
----------------------
Use public television and radio, referried journals, notable news media source such as Washington Post, and visit blogs where others are discussing the topic. Odd user names signal suspicious sources of information, as does bad grammer (e.g., I past minister finance and I got big sum money I like give you).
===============
What topics, opinions, people, websites, and experiences are inside your filter bubble?
----------------
Topics: science and technology, digital graphic arts, travel.
Opinions: Washington Post, PBS. Boston Globe, Time Magazine
People: Wife, co-workers, respected authors (e.g., Bill Bryson, Sam Kean) and scientists. I use ACS (American Chemical Society) and various other Physics and Math websites hosted by universities or technical organizations.
Experiences: I've lived through Y2K, cold fusion, weapons of mass destruction, and numerous claims of innocence from politicians.
paula works in the services department at a subaru car dealership. paul orders car parts directly from subaru because its parts are created specifically to fit and function properly in its vehicles. which advantage of standardization does this scenario illustrate? multiple choice standardized products function uniformly all the time, so customers get a product that meets their expectations. customers have more choices available to them. the customer gets exactly what they want. the dealership can charge more for a standardized product than a custom-designed product. customers can mix and match components for a customized design.
The advantage of standardization does this scenario illustrate standardized products function uniformly all the time, so customers get a product that meets their expectations. Thus the correct option is A.
What is standardization?The introduction of norms and compatible processes and equipment within a particular industry is commonly referred to as standardization. It ensures that technologies are consistent, accessible, and safe while reflecting the quality and integrity of those technologies.
Standardized products always perform consistently, customers receive a product that lives up to their expectations, which contributes to higher customer satisfaction.
Therefore, option A is appropriate.
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why is price an important indicator of quality that consumers use when purchasing services? multiple choice question. consumers prefer very low prices for services. because services are intangible, evaluating quality directly is difficult. while legal restrictions on pricing practices affect goods, services are free to use almost any pricing tactic. because of stiff competition in services industries, price competition is common.
The correct answers will be - (b), (c) and (d), as evaluating the price of services are really very difficult, that is why it is an important indicator of quality.
Your cash flow is impacted by the prices you set for your services. If done incorrectly, it could harm your professional image. For this purpose, it's important to be strategic with your pricing and establish a long-lasting formula to make sure you get paid and generate a positive profit.
Service pricing is the plan you follow to set your pricing so they are reasonable for your clients and profitable for your organization. Although it's not usually so straightforward in practice, service pricing. For service businesses, there isn't a "one size fits all" answer.
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What is the term for the act that businesses commit when they agree to set prices and increase their control of the market share?.
Across various market types, collusion can take many distinct forms. Groups as a whole get an unfair edge in each case. Price fixing is one of the most popular forms of collusion.
When organizations or people band together to manipulate a market or pricing for their own gain, this is called collusion. Price manipulation, coordinated advertising, and the sharing of insider knowledge are examples of collusion.
Collusion is discouraged by whistleblower and antitrust laws. Price fixing happens when a given supplier market has a small number of firms, a situation known as an oligopoly. This small group of companies collaborate to establish the pricing for the same product they both sell.
Companies synchronizing their marketing campaigns run the risk of engaging in collusion. For an added benefit, the cooperating businesses in this scenario might want to restrict the consumers' understanding of a good or service.
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as a member of a team of subject matter experts in the management of engineering projects, you need to organize discussions in a way that facilitates participation by all the experts. which team decision-making approach will be best in ensuring input from the team experts?
Delphi group technique is the best team decision-making approach for ensuring input from team experts.
Who is subject matter experts?Subject matter experts provide highly specialized knowledge about a specific area, practice, process, technical method, or piece of equipment to companies or clients. Others seek them out to solve specific problems or meet challenges. If a resource is truly an expert in their field, their greatest value will be found in a few key areas: Better requirement definition. Project priorities are being aligned with industry best practices. Putting user needs at the heart of the design process to influence product delivery and strategy. Clearly, subject matter experts' unique perspectives are critical to success. Opportunities and challenges accompany the high demand for a subject matter expert's knowledge. Being a subject matter expert, on the other hand, is beneficial to your professional development.
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because an agent is using stationery with the logo of an insurance company, applicants for insurance assume that the agent is authorized to transact on behalf of that insurer. what type of agent authority does this describe?
The correct answer is option D.Apparent
The required details about agent is mentioned in below paragraph.
A person who has been given the legal authority to act on behalf of another person or entity is referred to in the legal community as an agent. In negotiations and other interactions with third parties, an agent may be hired to represent a client. Decision-making power may be delegated to the agent. The two most prevalent forms of agents are stockbrokers and attorneys, who are both employed by investors to make investment decisions on their behalf. Attorneys represent their clients in transactions. In these situations, the person the agent is representing is referred to as the principal.
In the world of finance, it alludes to a fiduciary relationship in which an agent has the power to carry out transactions on behalf of and in the best interests of the client.
(COMPLETE QUESTION)
Because an agent is using stationery with the logo of an insurance company, applicants for insurance assume that the agents is authorized to transact on behalf of that insurer. What type of agent authority does this describe? A. Express B. Implied C. Assumed D. Apparent
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a system of shared beliefs and values that develops within an organization and guides the behavior of its members is called organizational . multiple choice question.
The definition of organizational culture pertains to the structure, values, sociology, and psychology of an organization, such as a business or non-profit.
What does "organizational culture" mean?The general definition of organizational culture is all of a company's beliefs, values, and attitudes, and how these affect how its people behave.Clan culture, adhocracy culture, market culture, and hierarchical culture were the 4 forms of culture they recognized. The Organizational Culture Assessment Instrument (OCAI) can be used to quickly and strategically examine the culture of your company and create an atmosphere that will support the success of your team.What the company stands for and what it believes in defines a wonderful corporate culture. Employers must provide employees strong feedback on their efforts and give them a sense of belonging to something greater and better. An employee who works in a positive atmosphere becomes an advocate.Philosophy, beliefs, expectations, and experiences are a few examples of organizational culture.To Learn more about organizational culture refer to :
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which are drawbacks of using the markowitz model to solve for optimal risky portfolios? multiple select question. the model does not provide any guidance as to investor risk aversion. when there are many assets, the model requires a huge number of estimates to fill the covariance matrix. the model does not provide guidance for forecasting the security risk premiums. the model uses the full available information on the covariance of assets.
Since Markowitz model uses mean-variance and does not guide investors about risk aversion, the correct answers are- (b) and (c).
The drawbacks are-
The model doesn't provide guidance for forecasting the security risk premiumWhen there are many assets, the model requires a huge number of estimates to fill the covariance matrixPortfolio diversification is the primary priority of the Markowitz model of shortlisting. Stocks are classified into both high-risk and low-risk investment.
Based on the Markowitz portfolio model, diversification can assist in lowering risks. The model guarantees the concurrent maximizing of overall portfolio returns. Two categories of stocks are provided to investors: low-risk, low-return stocks and high-risk.
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Upscale retailers, such as Saks Fifth Avenue, feature customer service as their significant point of difference and use that difference to
compete with less expensive stores. This is known as
Multiple Choice
target costing.
nonprice competition.
upscale marketing.
exclusive distribution
Given that the upscale retailers are more concerned with the customer service as the way of competition, this is regarded as exclusive distribution
What is exclusive distribution?
The term exclusive distribution can be defined as the level of product that can be said to be available that has the power of being able to limit the outlets that the consumers of a product would have.
This is what would make it able for them to be able to find the product that they need. This is also going to help to preserve the product as well as help in the preservation of the image of the brand.
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Question # 5
Multiple Choice
The executive summary portion of the market plan should be no more than a couple of pages long.
A
O False
O True
It is true that the executive summary portion of the market plan should be no more than a couple of pages long.
What is market plan?A market plan is described as a strategy that is mainly implemented for advertising purposes, and the main goal of this strategy is to sell services and products. It is important to mention that a market plan allows one to properly identify the target market.
The executive summary highlights an overall summary of a document. Hence, the entire length of the executive summary mainly depends on the entire length of the document. The summary or executive summary of a document can range from one to two pages. Hence, the statement is true.
It can be concluded that the executive summary portion of the market plan should be no more than a couple of pages long.
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installment credit, in which the debt is repaid in equal installments over a specified period of time, exploded on the american scene with the advent of the:
Instalment credit, in which the debt is repaid in equal instalments over a specified period of time, exploded on the American scene with the advent of the automobiles.
Give a brief account on Instalment credit.A loan that has to be paid back with a predetermined period of time with fixed payments is regarded as an Instalment credit. The monthly payment is impacted by the interest rate, length, as well as fees of the loan.
Mortgages, auto loans, and personal loans are examples of common instalment loan kinds.
The time it takes to pay off an instalment loan might range from months to years. Depending on whether the interest rate is fixed or variable, it may increase or decrease in the future. In case of instalment loans some sort of additional expenses such as origination or late fees, may be possible.
One of the most important strategies to establish and enhance your credit is by making timely instalment loan payments.
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a building was purchased for $69,500. the asset has an expected service life of eight years and depreciation expense each year is $5,000 using the straight-line method. what is the residual value of the building?
$29,500 is the residual value of the building. The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value.
How to calculate residual value ?
The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value.
Contractually, residual values are handled either through closed contracts or through open contracts. Remaining value of an asset after it has fully depreciated or after it has deteriorated beyond repair is known as residual value in accounting.
The market worth of the vehicle for the term and the needed miles serve as the starting point for the calculation of residual values, which is then followed by seasonality, monthly adjustment, lifetime, and disposal performance. In order to set the end value as the residual value, the leasing firm will utilise its own historical data to integrate the adjustment variables into the computation.
Calculate the residual value of the building
let the residual value be p :
5,000 = 69,500 - p)/8
40,000 = 69,500 - p
p = 69,500 - 40,000 = $29,500
Residual value of the building is $29,500
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why do consumers make a choice by looking at both the marginal utility (mu) and the price for a product (mu/p) rather than just the price or just the marginal utility?
Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.
What is marginal utility and why consumers make a choice by looking at both mu and price?So economically a utility is a kind of benefit that a consumer gets by buying a product of choice.Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.To know more about marginal utility visit:
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A share of stock with a beta of 0. 75 now sells for $50. Investors expect the stock to pay a year-end dividend of $2. The t-bill rate is 4%, and the market risk premium is 7%. Suppose investors believe the stock will sell for $52 at year-end. Calculate the opportunity cost of capital. Is the stock a good or bad buy? what will investors do? at what price will the stock reach an "equilibrium" at which it is perceived as fairly priced today?.
What the investors will do depends on whether the actual return will be higher, lower or the same as the required return (Opportunity cost of capital) .
What is Equilibrium in business?When market supply and demand are in balance, prices become steady. This is known as equilibrium. In general, a surplus of goods or services leads to lower prices, which increases demand, whereas a shortfall or undersupply raises prices, which decreases demand.
The holding period return, which is (earnings (dividends) + (ending stock price - beginning stock price))/beginning stock price = (2 + (52 - 50))/50 = 4/50 = 8%, can be used to determine the actual return.
CAPM can be used to determine the Opportunity Cost of Capital. = Risk Free Rate + beta(Market Premium) = 4% + 0.75(7%) = 9.25%
The stock is a bad buy since the Opportunity Cost of Capital exceeds the Actual Return on the stock.
Investors won't buy anything.
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demmert manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on its equipment, $5,500; remodeling of offices, $22,100; rearrangement of the shipping and receiving area resulting in an increase in productivity, $35,100; addition of a security system to the manufacturing facility, $25,100. how should demmert account for each of these expenditures?
During a specific accounting period, a corporation keeps track of its daily spending in expense accounts.
These accounts are formed for each new period after existing for a predetermined amount of time, such as a month, quarter, or year.
The account for each of the expenditures will be as follows -
Annual maintenance on its equipment = $5,500 - Expensed ( This is a normal maintenance bill on equipment and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,100 - Capitalised and depreciated - ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,100 - Capitalised and depreciated (Since this is a rearrangement, it will increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,100 - Capitalised and depreciated ( Since this is an addition of an asset, it should be capitalised and depreciated.)
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jen and alica are both u.s. citizens. jen opens a cafe in france. alicia buys equipment from a company in canada to use in a u.s.-based factory. whose action is an example of u.s. foreign direct investment?
When a company directly invests in new facilities to produce and/or market in another country, this is known as foreign direct investment (FDI).
What exactly is an FDI (foreign direct investment)?
A stake in a foreign company or project owned by a foreign investor, company, or government is known as foreign direct investment (FDI).
The decision to acquire a substantial stake in a foreign company or to buy it outright to expand operations to a new region is typically referred to by this term. Typically, the term is not used to refer only to stock investments in foreign companies. Because it establishes connections between economies that are both stable and enduring, foreign direct investment (FDI) is an essential component of international economic integration.
What is FDI, and what are its benefits and drawbacks?
Foreign direct investment boosts a nation's economy. Foreign direct investment (FDI) may impede domestic investment. By providing a subsistence workforce, FDI contributes to the expansion of human capital. Negative values can occasionally occur as a result of investments. Trades on the global market are made easier by FDI, which enables an increase in exports.
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Which of the following roles is the active head of the company?
A.
COO
B.
CEO
C.
CFO
D.
President
Answer:
CEO
Explanation:
CEO is the Chief Executive Officer who manages all the other C-Level officers like COO, CFO.
Answer: Ceo
Explanation:
:)
the workers in herzberg's studies found which three factors of the job environment were not motivators for them? sense of achievement job security friendly supervisors pay earned recognition
Success, recognition and responsibility are motivational factors. Salary and safety belong to the Hygiene factors category. Both motivational and hygiene factors are part of Herzberg's two-factor theory.
The hygiene factor refers to the features associated with occupational accidents. People will not be satisfied or dissatisfied after the problems have been properly resolved. Then you need to focus on the factors that lead to success, satisfaction, such as achievement, recognition and responsibility, if you want to inspire your team. "Hygienic factors" are what Herzberg believed to be the main causes of unhappiness. Get rid of them Determinants of satisfaction Factors influencing dissatisfaction with results Recognition of the project itself Responsibility Progress Growth Company practices Supervision Relationship with supervisor and peers Situation at work Achievements Salary status Security Herzberg argues that the elements that contribute to job happiness are "distinct and distinct from those , which contribute to job dissatisfaction.” So while trying to eliminate unsatisfactory working conditions may bring peace of mind, performance may not necessarily improve.
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as a result of a global pandemic, the u.s. government institutes a federally funded program to provide payments to small and medium size enterprises that pay their employees during the economic interruption. this is an example of a(n)
When screening (or more stringent policies) were first implemented, the predicted number of COVID-19 cases increased by approximately 1.9 times.
And cases per capita were 7.7 times higher, in particular, with a one standard deviation increase in the globalization index.
What effects would a global pandemic have on the economy?
The International Monetary Fund (IMF) estimates that the COVID-19 pandemic has had a significant impact on the global economy. Between 2019 and 2020, the median global GDP is expected to decrease by 3.9%, making it the worst economic downturn since the Great Depression.
Which parts of the economy are being affected by this pandemic?
The COVID-19 pandemic is affecting public health and causing economies and labor markets to be disrupted like never before, including for forest industry workers and businesses. It has made the problems that already exist worse, and as a result, many businesses and employees have suffered.
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true or false: an internal control goal for cash receipts is to ensure that the business documents the correct amount of cash received and safely depo
The goal of cash receipt controls is to make sure that all money—checks, coins, currency, and credit cards—is properly recorded and deposited on time.
What exactly are internal controls for payments and cash receipts?
To control cash exchanges, associations ought to take on a portion of the accompanying practices: Use a lockbox to accept cash payments from customers, separate duties, keep all cash and assets safe, and require background checks for employees.
What are the four cash-related internal control measures?
Cash is subject to four internal control measures. The separation of duties, the use of written protocols, background checks on employees, and storing assets and cash in safe places are examples of these.
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henry, inc., bought a $500,000 building by making a $100,000 cash down payment and issuing a $400,000 long-term note. which immediate effect(s) did this transaction have on the accounting equation? (select all that apply).
The amount owed by the company is recorded in categories in the books called liability accounts. A credit to a liability account indicates that the firm owes more money, and a debit to a liability account indicates that the business owes less money (i.e. increases the liability).
The Buildings Account: What is it?Buildings is a fixed asset account that holds the carrying value of the structures that an entity owns. The carrying amount is equal to the initial purchase price less any asset impairments and later capitalized additions, plus the original purchase price.
What does a drop in money mean?Payment of sums owing for previous transactions or events to a company's vendors, banking institutions, or the government reduces cash. A monthly electricity bill, for example, or a 30-year mortgage payment are examples of short-term liabilities.
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a company purchased $3,800 of merchandise on july 5 with terms 1/10, n/30. on july 7, it returned $420 worth of merchandise. on july 8, it paid the full amount due. the amount of the cash paid on july 8 equals:
On July 5, a Company made a $3,800 purchase under the terms "1/10, n/30. It had $420 worth of goods returned on July 7. The entire sum was paid on July 8th. $3,346 is the total amount of the cash paid on July 8.
What transpires after an acquisition of a business?When one firm buys the majority or all of the shares of another to take over that company, the transaction is known as an acquisition. Buying more than 50% of the stock and other assets of the target company entitles the buyer to decide what to do with the newly acquired assets without seeking consent from the other shareholders.
How is the worth of the goods determined?What Constitutes Gross Merchandise Value? GMV is computed by dividing the total quantity of products sold within a specific time period by the price of those commodities. GMV is calculated as Sales Price x Number of Sold Goods.
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an owner of a small publishing company allowed a friend who was starting a handmade soap business to load the publishing company's copy of microsoft word onto the friend's computer. this activity is
Handmade soap business to load the publishing company's copy of Microsoft word onto the friend's computer. this activity is both illegal and unethical.
What is business?
An organisation or enterprising entity engaged in business, industrial, or professional activities is referred to as a business. A business's goal is to coordinate some form of economic production (of goods or services). Businesses can indeed be for-profit corporations or charitable organisations working to advance a social cause. Businesses range in size and scope from small, local enterprises to large, global conglomerates. A person's efforts and activities to produce and sell products and services for a profit are also referred to as business. An organisation that runs for commercial, industrial, as well as professional purposes is frequently referred to as a business. The concept starts with a name and an idea, and in-depth market research may be necessary to ascertain whether it is feasible to turn this same idea into a profitable.
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