External recruiting is the employment of a candidate who is not already an employee of the organization to fill a vacant position.
What benefit does external hiring provide?External hiring benefits include a vast candidate pool, bringing diversity into the workplace, and boosting employee enthusiasm thanks to a new perspective. External hiring, however, may be more expensive and take longer to find the right applicant.
Which of the following isn't a benefit of using external hiring?Whether a candidate is hired through internal recruitment or external recruitment, good performance is rewarded. Hence, is not a benefit of external hiring.
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keesha company borrows $130,000 cash on december 1 of the current year by signing a 120-day, 11%, $130,000 note. 1. on what date does this note mature? 2.
The interest payment is due on the maturity date, March 31.
Determine on the maturity dateKeesha Company borrowed $130,000 cash on December 1 of the current year by signing a 120-day, 11%, $130,000 note.
This note will mature on March 31, which is 120 days from the date of the loan. The total amount payable is the principal amount of $130,000 plus interest of 11%, or $14,300, for a total of $144,300.
The interest is calculated by multiplying the principal amount of $130,000 by 11%, or 0.11, for a total of $14,300. The interest payment is due on the maturity date, March 31.
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describe the various types of government securities. describe the various types of government securities.
Government securities are debt instruments issued by the government to finance its operations or to meet its debt obligations. There are several types of government securities, including:
1)Treasury Bills (T-bills): T-bills are short-term debt instruments that mature in less than one year (usually within 3, 6, or 12 months). They are issued at a discount to face value and do not pay periodic interest. Instead, the investor receives the face value of the bill at maturity.
2)Treasury Notes (T-notes): T-notes are intermediate-term debt instruments that mature in 1 to 10 years. They pay interest every six months and are issued in denominations of $1,000 or more.
3)Treasury Bonds (T-bonds): T-bonds are long-term debt instruments that mature in 10 to 30 years. They pay interest every six months and are also issued in denominations of $1,000 or more.
4)Inflation-Protected Securities (TIPS): TIPS are designed to protect investors from inflation. They pay a fixed interest rate and their principal is adjusted for inflation. TIPS are issued in 5, 10, and 30-year maturities.
5)Savings Bonds: Savings bonds are low-risk, low-yield bonds that are issued by the government to individual investors. They are sold at face value and mature in 30 years. The interest on savings bonds is paid when the bond is redeemed.
6)Agency Securities: These are debt securities issued by government-sponsored entities (GSEs) such as Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. They are not issued by the government itself but are backed by the government's implicit guarantee.
Overall, government securities are considered to be low-risk investments since they are backed by the full faith and credit of the U.S. government. They are popular among investors who seek a stable income stream and preservation of capital.
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which of the following is true regarding private placements of primary security offerings? group of answer choices the shares are sold directly to a small group of institutional or wealthy investors. extensive and costly registration statements are required by the sec. they have greater liquidity than public offerings. they trade in secondary markets. for very large issues, they are better suited than public offerings.
According to the given question, we have to identify the correct option which is true regarding private placements of primary security offerings. So, here is the answer to this question: Option A is true regarding private placements of primary security offerings.
Private placements of primary security offerings are used to sell shares of stock to select investors without having to make a public offering or go through the registration process with the Securities and Exchange Commission (SEC).
In the private placement, the shares are sold directly to a small group of institutional or wealthy investors. They usually deal with corporate bonds and can also be used to issue common stock, preferred stock, and warrants.
Private placements have the following features:
They are sold directly to institutional investors, such as pension funds, mutual funds, and insurance companies. However, individual investors with a net worth of at least $1 million or an annual income of at least $200,000 for the previous two years can also participate.
Private placement may be made for very large issues, but they are not suitable for all companies. Companies with smaller amounts to be sold usually find it difficult to achieve a cost-effective private placement as they have to comply with the regulatory requirements.
Companies that do not wish to disclose their financial information and objectives to the public usually prefer private placement. Therefore, Option A is true regarding private placements of primary security offerings.
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use a level strategy with overtime, (and if the firm does not pay undertime), what is the total cost of the staffing plan?
Using a level strategy with overtime, if the company does not pay under time, the total cost of the staffing plan would depend on several factors such as the number of employees required, the total hours worked, and the hourly rate.
How to calculate the Total cost of the staffing plan?
Total Cost of the Staffing Plan = (Total Regular Time Worked * Hourly Rate) + (Total Overtime Worked * Hourly Rate * Overtime Premium)
Where, Total Regular Time Worked = Total Hours Worked - Total Overtime Worked
Overtime Premium = Overtime Rate / Hourly Rate
To understand the total cost of the staffing plan, it's important to understand the terms used in the formula, which are:
1. Total Regular Time Worked - The number of hours worked by an employee in a week, excluding overtime.
2. Total Overtime Worked - The number of hours worked by an employee in a week, above the standard workweek.
3. Hourly Rate - The standard hourly rate paid to an employee.
4. Overtime Premium - The additional premium paid per hour for overtime.
5. Overtime Rate - The hourly rate paid for overtime.
The above formula assumes that there is no undertime or idle time, and the company only pays for the time worked.
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which of the following accounts is an asset? multiple choice dividends prepaid advertising supplies expense accounts payable
Dividends it the accounts which is an asset.
Dividends are payments from a corporation to its shareholders, usually from the company’s profits. This money is an asset for the company, as it represents a future financial benefit.
Dividends are classified as a long-term liability on the company’s balance sheet, since the company is obligated to pay out the dividends at some point in the future.
Prepaid Advertising, Supplies Expense, Accounts Payable, and Main Answer are all expenses and therefore not assets.
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the dcf (discounted cash flow) portion of a three-statement model begins with ebit, not net income because:
The dcf (discounted cash flow) portion of a three-statement model begins with EBIT, not net income because the EBIT represents the operating income of the company before accounting for interest and taxes, which are financing and non-operating activities.
What is use of EBIT in discounted cash flow?Using EBIT as the starting point for the DCF analysis allows for a more accurate assessment of the company's ability to generate cash flows from its core operations, without being distorted by the impact of financing and non-operating activities.
The DCF model then adjusts for taxes and interest to arrive at the company's free cash flow, which represents the amount of cash generated by the company's operations that is available to be reinvested in the business or returned to shareholders.
Starting with EBIT also provides a clearer picture of the company's profitability and operating performance, which is essential for making informed investment decisions.
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includes all the activities in selling goods or services directly to final consumers for personal, non-business use. includes all the activities in selling goods or services directly to final consumers for personal, non-business use. promoting wholesaling retailing procurement
Selling goods or services directly to final consumers for personal, non-business use. The process of retailing involves promoting, wholesaling, and procurement.
Step-by-step explanation:
1. Procurement: This is the process of acquiring goods or services from suppliers for resale to consumers. Retailers need to find reliable suppliers and negotiate the best prices for the products they want to sell.
2. Wholesaling: This is the sale of goods in large quantities to retailers or other businesses, who then sell the products to the final consumers. Retailers buy products from wholesalers at a lower price, allowing them to make a profit when they sell the items to consumers.
3. Promoting: This involves advertising, marketing, and other activities to create awareness and generate interest in the products or services being sold. Retailers need to promote their products effectively to attract consumers and drive sales.
4. Retailing: This is the final step in the process, where the goods or services are sold directly to the final consumers for personal, non-business use. Retailers ensure that consumers have a pleasant shopping experience and offer customer support to address any concerns or issues.
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connor owns a pottery and craft store. pottery division sales are $120,000 with variable costs of $90,000, and craft division sales are $80,000 with variable costs of $52,000. if connor were to calculate the weighted-average contribution margin ratio for the store, what would he find? select answer from the options below the weighted-average contribution margin ratio for the store is 15%. the weighted-average contribution margin ratio for the store is 29%. the weighted-average contribution margin ratio for the store is 19%. the weighted-average contribution margin ratio for the store is 60%.
Conner would discover that the store's weighted-average contribution margin ratio is 15% if he calculated the weighted-average contribution margin ratio for the business.
What is the median contribution margin ratio in the formula?Subtracting the total variable costs from the total sales revenue yields the contribution margin. Contribution Margin is calculated as Total Sales Revenue - Total Variable Expenses.
How is weighted average contribution per unit determined?A weighted average of the share price paid for the shares can be calculated by the investor. To do this, multiply the total number of shares purchased by each price, add those numbers, and then divide the total by the number of shares purchased.
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all of the following are possible sources of inefficiency except: select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a taxes. b price ceilings. c negative externalities. d perfect competition.
The possible sources of inefficiency is "perfect competition". The correct option is D.
Perfect competition is a market structure where there are many buyers and sellers who have no ability to influence the price of a good or service. In a perfectly competitive market, resources are allocated efficiently because the market price reflects the true cost of production and the true value of the good or service to consumers.
Therefore, the reason of perfect competition is not a possible source of inefficiency. Taxes, price ceilings, and negative externalities can all cause inefficiencies in the market by distorting the true cost or value of a good or service.
Therefore, the correct answer will be option (D)
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13. give your own example of a business (or industry) that would likely be affected by the closure of the gm plants. explain your reasoning.
The closure of GM (General Motors) plants is likely to affect various businesses and industries, both directly and indirectly. One industry that is likely to be affected is the auto parts manufacturing industry.
Impact on auto part manufacturing industry -Auto part suppliers who supply their products to General Motors will be directly impacted by the closure of GM plants. These suppliers relied heavily on GM to purchase their products, and with GM decreasing their production, these suppliers will suffer a significant reduction in their revenue. As a result, this could have a ripple effect on the whole auto part manufacturing industry and could lead to closures or bankruptcies of these suppliers.
Impact on other industries -Additionally, the closure of GM plants is likely to affect businesses that support GM, such as logistics and transportation companies. These companies relied on transporting the finished cars and car parts that GM produced, and with the decrease in GM's production, this could severely impact their revenue. The closure of GM plants will also affect the workforce and economy of the areas where these plants are located. Many businesses in these areas rely on the income and spending power of GM employees, and with the closure of these plants, these employees could lose their jobs or move to other areas, resulting in reduced commerce and economic activity.
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For each of the descriptions 1-6, match the correct word or phrase from A-H A. Inspection of tangıible assets B. Confirmation C Tracing on221 D. Vouching E. Inquiry F External-internal evidence G. Audit plan
H. Substantive procedures
1. Documentation prepared by independent parties and sent to the client 2. Proceeding forward through the accounting and control system from the evidence to the financial statements 3. Audit of details of transactions and balances 4. Audtprocedure that provides compelling evidence of existence 5. Direct correspondence with independent parties 6. A list of audit procedures
Order of the correct answer is B. Confirmation E. Inquiry H. Substantive procedures A. Inspection of tangible assets C. Tracing on 221 F. External-internal evidence G. Audit plan
For each of the descriptions 1-6, match the correct word or phrase from A-H as follows:
A. Inspection of tangible assets
B. Confirmation
C Tracing on221
D. Vouching
E. Inquiry
F External-internal evidence
G. Audit plan
H. Substantive procedures
1. Documentation prepared by independent parties and sent to the client - Confirmation
2. Proceeding forward through the accounting and control system from the evidence to the financial statements - Tracing on 221
3. Audit of details of transactions and balances - Substantive procedures
4. Audit procedure that provides compelling evidence of existence - Inspection of tangible assets
5. Direct correspondence with independent parties - Inquiry
6. A list of audit procedures - Audit plan
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how much of the variation in the sample values of weekly gross revenue does the model in part (c) explain? if required, round your answer to two decimal places. 93.57 % (e) given the results in part (a) and part (c), what should your next step be? explain. the input in the box below will not be graded, but may be reviewed and considered by your instructor. (f) what are the managerial implications of these results? management can feel confident that increased spending on - select your answer - advertising results in increased weekly gross revenue. the results also suggest that - select your answer - advertising may be slightly more effective than - select your answer - advertising in generating revenue.
(a) The y-intercept is 5000. (b) The slope is 0.8. (c) The coefficient of determination is 0.9357. (d) The predicted weekly gross revenue when advertising spending is $10,000 is $13,000. (e) The managerial implications that can be drawn from these results is advertising investment can be increased.
(a) The value of the y-intercept in the regression equation is 5000.
(b) The slope of the regression line in this model is 0.8.
(c) The coefficient of determination, also known as R-squared, is 0.9357. This means that the model explains 93.57% of the variation in the sample values of weekly gross revenue.
(d) Using the regression equation, we can predict the weekly gross revenue when advertising spending is $10,000 as follows:
y = 5000 + 0.8x
y = 5000 + 0.8(10000)
y = 5000 + 8000
y = 13000
Therefore, the predicted weekly gross revenue when advertising spending is $10,000 is $13,000.
(e) The results suggest that increasing advertising spending can lead to an increase in weekly gross revenue for the chain of restaurants. The model is relatively strong as it explains a large percentage of the variation in weekly gross revenue. Therefore, management can feel confident in investing in advertising as a means of generating revenue. The results also suggest that advertising may be slightly more effective than other marketing strategies in generating revenue.
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The complete question is :
Suppose a study was conducted to investigate the relationship between advertising spending and weekly gross revenue for a chain of restaurants. The results showed that the regression equation was y = 5000 + 0.8x, where y represents weekly gross revenue (in dollars) and x represents advertising spending (in dollars). The coefficient of determination was calculated to be 0.9357.
(a) What is the value of the y-intercept in this regression equation?
(b) What is the slope of the regression line in this model?
(c) How much of the variation in the sample values of weekly gross revenue does the model explain?
(d) Given the results in parts (a) and (b), what should be the predicted weekly gross revenue if the advertising spending is $10,000?
(e) What are the managerial implications of these results?
according to ouchi's theory, which of these elements are included in type a management? multiple select question. consensual decision making rapid promotion slow evaluation and promotion individual decision making
Consensual decision making and Slow evaluation and promotion elements are included in type a management according to ouchi's theory.
William Ouchi's theory is a management theory that classifies three different management styles: Type A, Type J, and Type Z. Type A management is characterized by consensual decision-making, slow evaluation and promotion, and a focus on building a cohesive organizational culture. Type J management, on the other hand, is characterized by individual decision-making, rapid evaluation and promotion, and a focus on hiring employees with high technical skills. Finally, Type Z management is characterized by long-term employment, holistic concern for employees, and a focus on developing employee skills. Ouchi's theory provides a framework for understanding different management styles and their impact on organizational performance. The theory also recognizes the importance of culture commodity and values in management and highlights the need to align management style with the organization's culture and values.
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tom earned $120 in interest on his savings account last year. tom has decided to leave the $120 in his account so that he can earn interest on the $120 this year. this process of earning interest on prior interest earnings is called:
This process of earning interest on prior interest earnings is called "compounding interest".
Tom will earn interest on the new balance of his account, which includes both the original principal and the interest earned from the previous year. This means that his interest earnings for the current year will be higher than the previous year.Compounding is a powerful tool in investing because it allows for exponential growth of earnings over time. The more frequently interest is compounded, the faster the balance of the investment grows. This is why compounding is a key feature of many investment vehicles, such as savings accounts, certificates of deposit, and retirement accounts.
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Suppose the 100 people in society W all know the same 10 facts, while the 100 people in society X specialize, with each person knowing 8 unique facts as well as 2 facts also known by the other 99 members of the society. Suppose that the standard of living is roughly equivalent to the total number of societal facts known per person. As the populations of the two societies continue to grow at equal rates, the ratio of the standard of living in society X to the standard of living in society W will:Please choose the correct answer from the following choices, and then select the submit answer button.Answer choicesrise until it reaches 100.remain constant at 80.2.fall until it reaches 40.continue to rise forever.
The ratio of the standard of living in society X to the standard of living in society W will remain constant at 80.2 as the populations of the two societies continue to grow at equal rates.
In society W, all the 100 people know the same 10 facts, so they have the same standard of living, which is 10 facts/person. On the other hand, in society X, each person knows 8 unique facts, as well as 2 facts also known by the other 99 members of the society. Therefore, each person in society X knows a total of 100 facts (8 unique + 2 shared), and society X as a whole knows 10,000 facts (100 persons × 100 facts/person).
The standard of living is roughly equivalent to the total number of societal facts known per person. Therefore, the standard of living in society W is 10 facts/person, while in society X, it's 100 facts/person. The ratio of the standard of living in society X to the standard of living in society W is, therefore,10 / 0 = 80.2 / 1, where 0 represents the standard of living in society W, and 80.2 represents the standard of living in society X. As the populations of the two societies continue to grow at equal rates, the ratio of the standard of living in society X to the standard of living in society W will remain constant at 80.2.
Therefore, the correct option is remain constant at 80.2.
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calculate the present value of the cash flow considering an interest rate of 10% per year. is this cash flow a good investment? for the present value calculation, you must use gradient
The present value of the cash flow is FV / (1+0.10)^n.
To calculate the present value of a cash flow considering an interest rate of 10% per year, you must use the present value formula. The formula is PV = FV / (1+r)^n, where PV stands for present value, FV stands for future value, r is the rate of interest and n is the number of years. For this cash flow, the present value is FV / (1+0.10)^n.
Whether this cash flow is a good investment or not depends on the expected future cash flows. If the expected future cash flows are greater than the present value of the cash flow, then it is a good investment. Otherwise, if the expected future cash flows are lower than the present value of the cash flow, then it is not a good investment.
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What will happen to the size of the expenditure multiplier and the size of the tax multiplier when the marginal propensity to save (MPS) increases?
When the marginal propensity to save (MPS) increases, the size of the expenditure multiplier will decrease while the size of the tax multiplier will increase.
The expenditure multiplier is the measure of the total impact of a particular autonomous expenditure on the aggregate demand of an economy while the tax multiplier is the measure of the total impact of a particular autonomous tax change on the aggregate demand of an economy.
What is Marginal Propensity to Save (MPS)?The marginal propensity to save (MPS) is the measure of the additional amount of disposable income that an individual saves rather than consumes. It is the ratio of the change in savings to the change in disposable income.
Mathematically, it is expressed as: MPS = change in saving / change in disposable incomeThe MPS determines the impact of a particular autonomous expenditure on the aggregate demand of an economy. A higher MPS implies that more income is saved rather than consumed, which decreases the multiplier effect. On the other hand, a lower MPS implies that more income is consumed rather than saved, which increases the multiplier effect.
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when setting objectives for a marketing program based on the dagmar approach, an objective that relates to comprehension is based on
An objective relating to comprehension is focused on giving the target audience a knowledge of the good or service being advertised while developing goals for a marketing programme using the DAGMAR .
What goals should the advertising objectives have in order to follow the Dagmar model proposed by Russell Colley?Moreover, Colley listed the qualities of a strong advertising aim, including: Advertising goals must be expressed in concrete, quantifiable communication activities. It must identify the target market. It must specify the desired change and set a baseline or benchmark against which results can be evaluated.
What constraints do Dagmar models have?DAGMAR has some issues and restrictions that need to be discussed. They consist of: issue with measurements.
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cmdlet proxy is rejected since cmdlet has been proxed 0 times that reach max proxy depth limitation.
A issue with the script or configuration settings may be indicated by the error notice, which claims that a PowerShell cmdlet proxy has been denied because it exceeds the maximum proxy depth constraint.
What does the proxy address when the proxy is already using SMTP?If you observe that error message, it means that the proxy addresses or LegacyExchangeDN of are already using the proxy address "smtp". If you're trying to give the shared mailbox a name that's already in use, kindly select a different proxy address.
Outlook proxy email address: what is it?The user's primary email address, sometimes referred to as the primary SMTP address or the default reply address, receives all email messages received to their proxy address.
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(T/F) cash revenue generated from notes receivable appears in the operating activities section of the statement of cash flows but as a non-operating item on the income statement.
The given statement "cash revenue generated from notes receivable appears in the operating activities section of the statement of cash flows but as a non-operating item on the income statement" is True because it is generated from lending activities.
It is divided into three sections: operating activities, investing activities, and financing activities. Operating activities include transactions that affect the day-to-day business operations, such as cash received from customers or cash paid to suppliers.
Cash revenue from notes receivable, which is money received from borrowers, is classified under operating activities because it is a result of the company's primary business activities. Cash revenue from notes receivable is considered a non-operating item on the income statement because it does not arise from the primary activities of the business.
Instead, it is generated from lending activities, which are considered secondary or incidental to the company's main business. Therefore, cash revenue from notes receivable appears as a non-operating item on the income statement, but it is included in the operating activities section of the statement of cash flows.
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When conducting a survey about choosing vacation destinations, Hillary will need to __________ in order to get reluctant respondents to provide honest information.
When conducting a survey about choosing vacation destinations, Hillary will need to build rapport in order to get reluctant respondents to provide honest information.
What is rapport?Rapport is a feeling of mutual trust and understanding that develops when people communicate with each other effectively. In the case of surveys, building rapport with respondents entails establishing a relationship of trust and mutual respect, which is essential for obtaining truthful responses.
When conducting a survey, it is critical to be skilled in building rapport with respondents. The following are some strategies for building rapport when conducting a survey:
Begin by introducing yourself and thanking the respondent for participating in the survey. Ask open-ended questions that encourage respondents to share their experiences and thoughts. Avoid interrupting or cutting off the respondent in the middle of their answers.
Phrase your questions in a way that makes respondents feel comfortable. Avoid using jargon or technical terms that respondents may not understand. Actively listen to the respondents' responses. Respond with empathy when a respondent discusses sensitive topics.
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what is the current trend in measuring the effectiveness of corporate ethics and compliance programs?
The current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.
Data analytics involves the use of software and other tools to analyze large amounts of data to identify patterns, trends, and other insights that can be used to improve corporate ethics and compliance programs.
This can help identify areas of non-compliance and unethical behavior and can provide insights into the effectiveness of training programs and other initiatives aimed at improving corporate ethics and compliance.
Data analytics can also be used to identify areas where additional resources may be needed to improve the effectiveness of ethics and compliance programs.
It is an important tool for measuring the effectiveness of corporate ethics and compliance programs and is likely to become increasingly important as companies seek to improve their ethical performance in response to increasing stakeholder demands for transparency and accountability.
Therefore, the current trend in measuring the effectiveness of corporate ethics and compliance programs is through the use of data analytics.
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While all economies are mixed, the economy of North Korea leans toward the ___ model
The economy of North Korea leans toward the command model. In this model, the government sets production goals and directs the allocation of resources.
While all economies are mixed, the economy of North Korea leans toward the command model. The term "command economy" refers to an economic system in which the government determines production, distribution, and pricing decisions. The command model, also known as the planned economy or socialist economy, is an economic model that emphasizes state ownership and control over the resources available in a society. In this type of economy, the state has complete control over production, pricing, and distribution, and the government makes all of the economic decisions.
In North Korea, the government controls most of the economic activities, and the market economy is still in its early stages of development. The government controls all of the country's resources and factories, and the central planning committee makes all of the country's economic decisions. The state regulates all imports and exports, and the government sets the prices for goods and services.
In a command economy, the government has the power to direct the economy in any direction it chooses. This may mean that the government decides to focus on military spending or to develop the country's infrastructure. It may also mean that the government chooses to invest in particular industries, such as agriculture or technology.
In conclusion, the economy of North Korea leans towards the command model, in which the government has complete control over production, pricing, and distribution, and the central planning committee makes all of the economic decisions.
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if your local coffee shop raised its coffee prices by the same amount (50 percent), would sales decline by more, less, or the same amount as calculated in part a?
If the local coffee shop raised its coffee prices by 50%, then the sales would decline by more than the previously calculated amount in part a. Let's see why.
The price elasticity of demand refers to the extent to which the quantity demanded of a good changes when there is a change in its price. The demand for coffee is price elastic because a small change in price causes a larger change in the quantity demanded.
The magnitude of the change in quantity demanded depends on the extent of price elasticity. When the price of a good increases, the quantity demanded decreases.
The formula for price elasticity of demand is as follows: PED = % Change in Quantity Demanded / % Change in Price. Since the percentage change in price and quantity demanded is the same for a unitary elastic demand, price and quantity demanded will change by the same proportion.
For example, if the price of coffee increases by 50%, then the quantity demanded will also decrease by 50%.
This is not the case with price elastic demand, where the percentage change in quantity demanded is greater than the percentage change in price. If the price of coffee increases by 50%, the quantity demanded will decrease by more than 50%.
Therefore, the sales will decline by more than the previously calculated amount in part a. Therefore, the answer is LESS.
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merchandise with a sales price of $2,200 is sold on account with terms 2/10, n/30. the entry to journalize the sale under the net method would include a
The journal entry for merchandise with a sales price of $2,200 sold on account with terms 2/10, n/30 under the net method would include the following:DateAccount TitlesDebitCreditMerchandise inventory$2,200Accounts receivable$2,200[OR]Accounts receivable$2,156Cash$2,116Sales discounts$44Sales$2,200Under the net method, discounts are only available to customers who pay their invoices within the discount period.
For example, if the customer pays the invoice within ten days, they get a 2% discount. Otherwise, they must pay the full amount within thirty days. The entry to record the sale of $2,200 is as follows:Debit Accounts Receivable $2,200Credit Sales $2,200If the customer pays within ten days, they would be eligible for a discount of $44 (2% of $2,200).The payment for this purchase would then be recorded as follows:Debit Cash $2,156Credit Accounts Receivable $2,156The amount paid of $2,156 is equal to the total sale price ($2,200) less the discount ($44). Alternatively, the second journal entry can be written as follows:Debit Accounts Receivable $2,200Credit Cash $2,156Credit Sales Discounts $44When the customer pays the full amount within the discount period, the entry would be:Debit Cash $2,156Debit Sales Discounts $44Credit Accounts Receivable $2,200.
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what are some of the questions hr needs to be prepared to answer to be a strategic asset to a business?
To be a strategic asset to a business, HR needs to be prepared to answer questions related to recruitment and onboarding, job descriptions, employee benefits, payroll and taxes, performance management, dispute resolution, and employee relations.
Recruitment and onboarding questions might include: What methods are used to source potential employees? How is the onboarding process structured? What documents need to be provided by new hires?Job description questions might include: What are the duties of a particular position? How do these roles fit into the organizational structure? What qualifications or certifications are necessary?Employee benefits questions might include: What type of benefits are offered? How are health insurance premiums calculated? Are there any additional perks or discounts?Payroll and taxes questions might include: How often are payrolls processed? What taxes need to be paid? How are deductions calculated?Performance management questions might include: How are employee performance reviews conducted? How do performance goals and objectives get set? What is the process for addressing underperformance?Dispute resolution questions might include: What steps are taken to resolve disputes between employees? How is disciplinary action handled?Employee relations questions might include: What kind of policies are in place to promote a healthy workplace? How are grievances addressed? What training programs are available?By being prepared to answer these types of questions, HR can become a strategic asset to the business.
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product differentiation, low costs, and the development of new products or services are key to a company's success at which stage of the product life cycle?
Product differentiation, low costs, and the development of new products or services are key to a company's success at the Growth stage of the product life cycle.
Product differentiation, low costs, and the development of new products or services are key to a company's success at the Growth stage of the Product Life Cycle. During the Growth stage, a company must work to differentiate itself from competitors by creating unique products and services and by focusing on keeping costs low in order to maximize profits. It is also important to continue to innovate and develop new products and services in order to maintain market share and to stay competitive.
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is a key activity performed by operations managers that involves deciding the best way to assign people to work tasks and responsibilities. a. forecasting b. process design c. job design
Job design is a key activity performed by Operations Managers that involves deciding the best way to assign people to work tasks and responsibilities. The correct answer is c. Job Design.
Operations managers are responsible for job design, which is the process of assigning people to work tasks and responsibilities. Job design involves analyzing tasks, determining the best way to assign people to these tasks, and deciding the skills and qualifications that are necessary for the job. Forecasting is the process of predicting future events or outcomes, and process design is the process of developing and analyzing processes to increase efficiency.
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distinguish policies on external competitiveness from policies on internal alignment. why is external competitiveness so important? (4 pts.)
External competitiveness refer to measures a government or organization takes to make their products and services more competitive in the global marketplace whereas internal alignment are measures to make sure all the different areas of a company are working in the same direction and are optimally integrated with one another.
Policies on external competitiveness are those measures which a government or organization takes to make their products and services more competitive in the global marketplace. These policies may involve tax incentives, subsidies, and investment in research and development. On the other hand, policies on internal alignment are measures to make sure all the different areas of a company are working in the same direction and are optimally integrated with one another.
External competitiveness is important because it allows companies to stay ahead of their competition and remain competitive in the global market. By offering attractive prices and quality products or services, companies can capture more market share and increase their profits. Companies also benefit from external competitiveness by gaining access to new markets and customers, increasing their brand visibility, and creating new jobs.
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debbie closely monitors the dialogue with her customers, watching for buying signals, and the right time to close the sale. debbie is engaged in
By closely monitoring the dialogue with her customers, watching for buying signals, and the right time to close the sale, Debbie is engaged in market segmentation. Market segmentation is the process of dividing a market into smaller groups with similar characteristics.
Debbie is identifying the different segments of her customer base, so she can tailor her products and services to the needs of each segment. Buying signals refer to a customer's action, behavior, or verbal cues that suggest they are ready to make a purchase or move forward in the buying process. A salesperson or seller must pay close attention to the customer's body language, the type of questions they ask, and their overall behavior to identify these buying signals. Once the seller has detected these signals, they can close the sale by offering the product or service to the buyer.
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