Answer:
Research the Professional Organizing Industry. Read organizing books and organizing blogs. ...
Name Your Business. ...
Legal, Financial, and Logistical. ...
Develop Your Services and Pricing. ...
Marketing + Branding. ...
Define Client Experience and Create:
Explanation:
The price of two funds are as follows at the end of the day of Tuesday, January 15th:
NAV Offering Price Net Asset Change
Fund X 10.20 10.95 -0.04
Fund Z 11.80 12.57 -0.08
One of your clients called and entered a redemption order for 250 shares of Fund X on that Tuesday morning. What would this investor receive?
(A)The investor will receive $2,550, less any change in market value.(B)The investor will receive $2,550.(C)The investor will receive $2,540 less any change in market value.(D)The investor will receive $2,540
The amount of the investment is $2,550. Investors will receive the most recent NAV when they redeem their shares, $2,550 (option b)
What NAV is preferable, high or low?Aim high or shoot low while purchasing mutual funds, in general. This is the cause of the negative street perception of mutual funds with high net asset values (NAV). A fund with such a large NAV is viewed as pricey and, mistakenly, as offering a low rate of return on you investments. An investment company's net asset value, also known as or NAV, is the sum of its assets less the sum of its liabilities.
This would be 250 times $10.20, or 250 shares. $10.20 X 250 ≈ $2,550
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comparing the decision-making process between large and small firms, which of the following statements is accurate?
Answer: Small businesses usually have only one layer of management that helps speed decision making
Explanation:
in the elman service model, [ select ] are economies based on non-intensive forms of food production.
In the elman service model, agroecological economies are economies based on non-intensive forms of food production.
What is agroecological economies?Agroecology is fundamentally different from other approaches to sustainable development. It is based on bottom-up and regional processes and helps provide contextual solutions to local problems. Agroecological innovation is based on knowledge co-creation, combining science with the traditional, practical and local knowledge of producers. Agroecology empowers farmers and communities as key agents of change by enhancing their autonomy and adaptability.
Agroecology transforms food and farming systems, addresses the root causes of problems holistically, and provides holistic and long-term solutions, rather than optimizing practices for unsustainable farming systems. We aim to This includes a clear focus on the social and economic aspects of food systems. Agroecology focuses on the rights of women, youth and indigenous peoples.
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What can supply do to assist minimizing a firm’s risk of product liability suits?
Supply can assist in minimizing a firm's risk of product liability suits in the different ways.
They are: Establishment of quality assurance measures: Manufacturers must implement quality assurance measures to minimize the risk of product liability suits. Quality control measures ensure that the finished product is free of defects, which reduces the chances of a customer filing a claim against the company.Supply inspection: The company should inspect goods before accepting them from suppliers to guarantee that the goods are of good quality and in excellent condition.
Product liability suits may occur as a result of supplier issues, such as using substandard raw materials or defective parts, so supply inspection is a critical step in reducing the risk of a suit. Controlling the source of raw materials: Product liability suits may be caused by the use of substandard raw materials. Manufacturers should track the source of their raw materials and only use those from reputable suppliers to reduce the risk of a suit.
Documentation: Proper documentation is critical in the event of a product liability lawsuit. Firms should maintain accurate records of all transactions, such as contracts, warranties, and other documents, to prove that they acted in good faith and followed all legal procedures. The documentation assists in establishing the manufacturer's liability or innocence in the event of a suit.
Communication: The producer should be in touch with suppliers and clients to stay up to date on product performance and any issues that arise. This enables the manufacturer to fix the issue before it becomes a problem that can lead to legal action. Communication is critical in preventing lawsuits, as it allows the firm to act swiftly and decisively to prevent any incidents that might lead to liability claims.
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scientists use supporting evidence to create an explanation. explain why using evidence to support your explanations is a good practice. (2 points)
Using evidence to support your explanations is a good practice because it helps make your explanations more reliable and trustworthy.
Evidence is used to provide concrete proof that a certain phenomenon has happened or is likely to happen. Evidence can also provide a logical or scientific basis for why something has occurred or is likely to occur. By using evidence, it becomes easier for others to verify your explanations and understand why you believe something is true. Evidence can also be used to refute any counter-arguments, making your explanations stronger and more convincing. Furthermore, evidence can be used to draw new conclusions and to support your claims with solid facts.
In conclusion, evidence is an important tool for making reliable and trustworthy explanations.
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Entre preurship has been described In many ways by many people. In fact There is currently no global defination of entrepreneurship. provide a brief discussion that brings out at least 3 (three) different ways entrepreneurship in which described. has been your discussion must show why these descriptions and not really defination
Entrepreneurship is described as: the creation of new businesses or the pursuit of innovations, Innovation and risk-taking
What is Entrepreneurship?Entrepreneurship is a broad and multifaceted concept that has been described in various ways by different people. However, there is no universal or agreed-upon definition of entrepreneurship, as it can take on different meanings and roles depending on the context and perspective. Here are three different ways in which entrepreneurship has been described:
The creation of new businesses: Entrepreneurship is often associated with the creation and establishment of new businesses, particularly small and medium-sized enterprises (SMEs). Entrepreneurs are seen as individuals who identify market opportunities and gaps, develop innovative ideas and solutions, and take the risk of starting a new venture.
Innovation and risk-taking: Another common view of entrepreneurship is that it involves innovation and risk-taking. Entrepreneurs are seen as individuals who are willing to take risks and challenge the status quo, whether by introducing new products or services, developing new technologies, or pursuing new markets. Entrepreneurship is often seen as a catalyst for economic growth and development, as it fosters innovation, competition, and job creation.
Personal characteristics and behaviors: Some scholars and practitioners argue that entrepreneurship is not just about the creation of new businesses or the pursuit of innovation, but also about certain personal characteristics and behaviors. These might include qualities such as creativity, perseverance, adaptability, and a willingness to learn from failure. Entrepreneurship is seen as a mindset or approach to life, rather than just a specific activity or outcome.
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Matt must send a refusal letter to Ryan, who recently interviewed for a job. Which of the following will be the best closing?
a. If you have any questions, Ryan, do not hesitate to call me.
b. If you had the required five years' experience in social work, we could have included you in the final slate of candidates.
c. Again, Ryan, we truly regret being unable to offer you this position.
d. We wish you all the best in your job search.
c. Again, Ryan, we clearly remorseful about being unable to offer you this position.
When having to write a rejection or refusal message what's one factor that can help maintain goodwill?use a well mannered buffer and give an explanation for your rationale in a few words. Within the textual content of a bad-news message, it is appropriate to use passive voice with phrases such as even though and alternatively to soften the refusal and preserve goodwill.
Adjustment refusals are used only when the reader has refused to pay the quantity owed. Which of the following is the most excellent phrase to use in an adjustment refusal message? cement your effort to cover the depend positively.
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https://brainly.com/question/16675122#SPJ1the deferral adjustment to record the amount of unearned service revenue that is now earned includes a debit to
The deferral adjustment to record the amount of unearned service revenue that is now earned includes a debit to service revenue and a credit to unearned service revenue.
When a service company receives money from a customer, the money is recorded as unearned service revenue. This is because the company has not yet delivered the service for which it was paid.
When the company finally provides the service, it must adjust its accounts to reflect the fact that it has earned the revenue from the customer. This is known as a deferral adjustment.
A deferral adjustment occurs when you pay or receive cash in advance for a service that will be provided at a later date. The goal of deferral adjustments is to ensure that the revenue is recorded when it is actually earned, as opposed to when cash is received.
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Dividend reinvestment plans (DRIPs) allow shareholders to reinvest their dividends in the company itself by purchasing additional shares rather than being paid out in cash. Understanding how dividend reinvestment plans work dividend reinvestment program invests the dividends in newly issued stock. This type of plan raises new capital for the firm. levels of participation in a dividend reinvestment program suggest that shareholders would be better served if the firm reduced its cash dividends. Why do firms use dividend reinvestment plans? Companies decide to start, continue, or terminate their dividend reinvestment plans for their shareholders based on the firms' need for equity capital. A firm might consider to using DRIPs if it needs additional equity capital.
Companies utilise dividend reinvestment plans because they automatically purchase new corporate shares with the money received from dividend-paying equities.
What are known as dividend reinvestment plans, or DRIPs, are used by hundreds of publicly traded companies. At each quarterly dividend payment, they dribble the company's dividend into fresh shares of their own stock, just like the form. Companies operate these programmes with no current benefit to you.
A generic phrase used to describe the ownership certificates of any corporation is "stock." On the other hand, a share refers to the certificate of a certain corporation. You become a stockholder if you possess shares of a particular corporation. Description: There are two categories of stocks: common and popular.
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Fewer and fewer customers have been coming into the restaurants. The building manager decides to change the entire menu after he does those he finds out that people love the food, but the service has been driving people away. This represents what kind of problem in the decision making process.
This illustrates the issue of inadequate option development in the decision-making process.
What is the process for making decisions?Selecting, gathering data, and appraising feasible possibilities are all phases in the decision-making process. If you gather essential information and present your options in a step-by-step manner, you may be able to make more thoughtful decisions.
What prevents people from making decisions?Anxiety may also contribute to indecision. Some people lose motivation because they worry about making the incorrect decision, suffering the consequences, or feeling regret. It's common to be concerned about making a mistake and to feel guilty, irresponsible, exposed, or ignorant. A person can occasionally become paralyzed by the fear of hurting or alienating another person.
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Which of the following methods discussed in the text requires generating several alternative aggregate plans?
A. Trial and error
B. Production smoothing
C. Graphing and charting
D. Aggregate plan simulation
E.Cut and try
For aggregate operations planning, we can calculate the required production in product units using the cut-and-try method.
What is the objective of Mcq aggregate planning?Achieving a balance between the organization's operational, financial, and broad strategic goals is made easier using aggregate planning. It serves as a platform for managing capacity planning and demand management. The three purely aggregate planning techniques are the chase strategy, time flexibility from workforce or capacity strategy, and level strategy.
Which of the following criteria is crucial for selecting an aggregate planning strategy?a reliable demand projection for the medium term. The cost of production is planned financially, and this involves preparing for labor, inventory, and raw materials. Organizational policies regarding quality control, labor management, etc.
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When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information
When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information current to the most recent month-end.
Total return is the genuine pace of return of a venture or a pool of speculations over a period.
Total return incorporates interest, capital additions, profits, and acknowledged disseminations.
Total return is communicated as a level of the sum contributed.
Total return is serious areas of strength for an of a venture's general presentation.
Total return is how much worth a financial backer procures from a security over a particular period, normally one year, when all disseminations are reinvested. Total return is communicated as a level of the sum contributed. For instance, a total return of 20% means the security expanded by 20% of its unique worth because of a cost increment, dispersion of profits (if a stock), coupons (if a bond), or capital increases (if an asset). Total return is areas of strength for an of a venture's general presentation.
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the complete question is:
When an Ad for a municipal 529 plan is going to be run, it must include a toll-free telephone number where the investor can obtain the total return information____________________________________.
T/F. One core ethical concept is that you need to act impartially and Not give preferential treatment to any private organization or individual.
the subsequent statement is true that One core ethical concept is that you need to act impartially and not give preferential treatment to any personal organization or individual.
Impartiality is sometimes handled via philosophers as though it have been equal to moral impartiality. Or, at the very least, the former phrase is frequently used, with out the qualifying adjective ‘moral’, even when it's far the specifically moral idea this is intended. this is misleading, considering the fact that impartiality in its broadest experience is excellent understood as a proper belief, at the same time as ethical impartiality particularly is a great concept – and one concerning which there is considerable dispute.
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find the present value of the following cash flow stream at a discount rate of 8% assuming annual compounding.
year 1, 100
year 2, 100
year 3, 200
year 4, 200
year 5, 200
year 6, 300
year 7, 300
year 8, 300
The present value of this cash flow stream at a discount rate of 8% with annual compounding is $200.
The present value of a cash flow stream is the total current value of the future cash flow stream given a discount rate. To calculate the present value of this cash flow stream, the formula is:
[tex]PV = FV / (1 + r)^n[/tex]
Where PV is the present value, FV is the future value, r is the discount rate, and n is the number of periods.
For this problem, the FV is $300, the r is 8%, and n is 8 years. Plugging this into the formula, we get:
[tex]PV = 300 / (1 + 0.08)^8[/tex]
PV = $200
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The Riteway Ad Agency provides cars for its sales staff. In the past, the company has always purchased its cars from a dealer and then sold the cars after three years of use. The company’s present fleet of cars is three years old and will be sold very shortly. To provide a replacement fleet, the company is considering two alternatives:
Purchase alternative: The company can purchase the cars, as in the past, and sell the cars after three years of use. Ten cars will be needed, which can be purchased at a discounted price of $20,000 each. If this alternative is accepted, the following costs will be incurred on the fleet as a whole:
Annual cost of servicing, taxes, and licensing $ 5,300
Repairs, first year $ 3,200
Repairs, second year $ 5,700
Repairs, third year $ 7,700
At the end of three years, the fleet could be sold for one-half of the original purchase price.
Lease alternative: The company can lease the cars under a three-year lease contract. The lease cost would be $72,000 per year (the first payment due at the end of Year 1). As part of this lease cost, the owner would provide all servicing and repairs, license the cars, and pay all the taxes. Riteway would be required to make a $16,000 security deposit at the beginning of the lease period, which would be refunded when the cars were returned to the owner at the end of the lease contract.
Riteway Ad Agency’s required rate of return is 16%.
Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. (Use the tables to get your discount factors. The linked tables are the same tables as the ones in your course packet. If you calculate discount factors using Excel or a financial calculator, your answer may be different enough due to rounding that the system will mark it wrong.)
Required:
1. What is the net present value of the cash flows associated with the purchase alternative?
2. What is the net present value of the cash flows associated with the lease alternative?
3. Which alternative should the company accept?
The lease option has a present value of $123,499. The purchase option has a present value of $123,499 using the total cost approach. Acceptance would be given to the lease option.
How does present value work?The sum of discounted cash flows is the present value. It is the present value of a cash flow. A financial calculator would be used to figure out the present value.
Cash flow from the purchase alternatives: Cash flow in year 0 = $17,000 x 10 = $170,000 Cash flow in year 1 = $-3000 - $1500 = $-4500 Cash flow in year 2 = $3000 - $4000 = $7000 Cash flow in year 3 = $3000 - $6000 - ($170,000 / 2) = $-76,000 .
Cash flow from the lease alternative:
Cash flow in year 0 = $10,000
Cash flow in year 1 = $55,000
Cash flow in year 2 = $55,000
Cash flow in year 3 = $55,000- $10,000 = $45,000
Discount rate = 18%
Present value = $123,499
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the entry that includes a debit to cash and credit to accounts receivable at a discounted price is recording the .
When the entry is a debit to Cash and a credit to Accounts Receivable at a discounted price, we are recording a sales credit.
What exactly do sales discounts involve?
In most cases, sales discounts are debited from the account by the amount of the discount.
For instance, if we debit cash by $99 and sales discounts by $1 in the same journal entry, we will credit the accounts receivable account.
In conclusion, when the entry is a debit to Cash and a credit to Accounts Receivable at a discounted price, we are recording a sales credit.
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Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1. b. Purchased a machine for $32,000 cash on January 1. The company estimates annual depreciation at $3,200. c. Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount. Transaction Assets BALANCE SHEET Liabilities Stockholders' Equity -300 +300 NE -3200 NE -1250 INCOME STATEMENT Revenues Expenses Net Income +300 NE +300 NE +3200 -3200 NE +1250 -1250 a. NE b. -3200 -1250 C.
a. NE and b. -3200 are the two transactions that are correctly classified as shown in the given balance sheet and income statement.
Transactions Assets Balance Sheet Liabilities Stockholders' Equity Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1.+1200+1200Unearned Rent Revenue-1200NE+1200Purchased a machine for $32,000 cash on January 1.
The company estimates annual depreciation at $3,200.-32000-32000Machinery-3200NE-3200Depreciation Expense+3200NE-3200Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount.+5000+5000Prepaid Insurance-5000NE+5000Transaction Assets Balance Sheet Liabilities Stockholders' Equity Collected $1,200 rent for the period December 1 of the current year to April 1 of next year, which was credited to Unearned Rent Revenue on December 1.
Unearned Rent Revenue-1200NE+1200 Purchased a machine for $32,000 cash on January 1. The company estimates annual depreciation at $3,200.-32000-32000 Machinery-3200NE-3200Depreciation Expense+3200NE-3200Paid $5,000 for a two-year insurance premium on July 1 of the current year; debited Prepaid Insurance for that amount.+5000+5000Prepaid Insurance-5000NE+5000Therefore, the correct options are a and b.
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FILL IN THE BLANK.____ costs are costs that require a firm to spend money. While ____ costs do not require a firm to spend money or take on obligations.
Explicit costs are expenses that a company must pay for. Implicit costs, however, do not call for financial outlays or commitments from a company.
What are the biggest expenses for companies?Direct materials, direct labor, and manufacturing overhead make up a product's expenses. These three charges add up to the final product price. Overhead includes indirect labor and indirect supplies.
What various charges do businesses incur?There are two kinds of expenses, fixed and variable. Although fixed and variable expenses have different effects on the firm, both are crucial to its profitability. Definition of the term "volume" will be helpful when discussing expenditures.
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Rahul recently started his own T-shirt company selling T-shirts that feature imprints of his original and hand-drawn designs. While there is another similar T-shirt company in his area, Rahul isn’t too worried about the competitive structure that he is in because no one has the kind of original designs that he does. What type of competitive structure is Rahul MOST likely involved in?
A. Perfect competition
B. Monopolistic competition
C. Oligopoly
D. Mono-competition
Answer:
A
Explanation:
Because no one has the kind of original designs that he does
which of the following terms best describes the process of designing and producing a container or wrapper for a product?
Designing and creating a product's container or wrapper is known as packaging.
Why do people pack?The process of creating a package for a consumer good is referred to as packaging. Packaging aids in setting the product apart from rivals and facilitates customer recognition of the product. It also shields the product from harm, in addition to the other benefits.
The most basic purpose of product packaging is to safeguard the contents. Packaging must protect the product from damage both during transportation from the manufacturing plant to the retailer and while it is on the shelf. As a result, product packaging needs to be reliable and strong.
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which of the following terms best describes the process of designing and producing a container or wrapper for a product?
a. labeling
b. branding
c. licensing
d. packaging
e. schematizing
which of the following are ways by which businesses might use naics coded information? (check all that apply.)
For resale are ways by which businesses might use naics coded information.
What is naics coded information?NAICS (North American Industry Classification System) is a system used to classify business establishments by the type of economic activity in which they are primarily engaged. It is a standard used by many countries to provide a set of common industry categories for the purpose of collecting, analyzing, and publishing statistical data related to businesses. The categories are based on the production processes of the businesses, such as the type of goods or services they produce. NAICS provides a structure for collecting, analyzing, and publishing statistical data related to businesses. It is used by the government, private businesses, and the public to better understand the economic environment and make better decisions. NAICS is a consistent, uniform, and all-encompassing system of classification that standardizes the way businesses are identified and categorized. It allows businesses to easily compare and benchmark their performance with other businesses in the same industry.
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creative thinking Essay
Creative thinking is the ability to come up with new and innovative ideas, and to think outside of the box. It is an essential skill in today's rapidly changing and evolving world. Creative thinking is not limited to the arts or sciences; it can be applied to any field, from business to technology to education.
The first step to developing creative thinking is to approach problems and challenges with an open mind. Instead of relying on traditional solutions or methods, try to look at the problem from different angles and perspectives. This may involve questioning assumptions or exploring new approaches that may seem unconventional or even counterintuitive.
Another important aspect of creative thinking is the ability to connect seemingly unrelated ideas or concepts. This involves being able to see patterns and connections between different pieces of information, and to draw on diverse experiences and knowledge to generate new insights and ideas. This can be done through brainstorming sessions or by keeping a journal to record ideas as they come.
Creative thinking also requires a willingness to take risks and to embrace uncertainty. This means being open to experimentation and failure, and being able to adapt and pivot when things don't go as planned. It also means being able to push past the fear of failure or rejection, and to trust your instincts and intuition.
Finally, creative thinking requires a sense of curiosity and wonder. This means approaching the world with a sense of awe and fascination, and being open to exploring new ideas and experiences. It also means being willing to ask questions, challenge assumptions, and seek out new information and perspectives.
In conclusion, creative thinking is a critical skill in today's world. It allows us to approach problems and challenges with an open mind, to connect seemingly unrelated ideas, to take risks and embrace uncertainty, and to approach the world with a sense of curiosity and wonder. By cultivating our creativity, we can unlock new ideas, insights, and possibilities that can help us to thrive in an ever-changing world.
Explain the working of the economy of a capitalistic country
Answer:A capitalist economy allows for the private ownership and control of capital assets like mines, factories, and railroads as well as the purchase of labor for monetary wages, the accrual of capital gains to private owners, and the allocation of capital and labor between competing uses by prices (see "Supply and Demand").
Explanation:
Which of the following is a contract that grants the owner protection, based on the appearance of an object? Select one: a. Utility patent b. Design patent c. Plant patent d. Disclosure document
Design patent is a contract that grants the owner protection, based on the appearance of an object. Option b)
It is a form of intellectual property that provides exclusive rights to the owner to prevent others from using, manufacturing, selling, or importing a product that is substantially similar in design.
A design patent covers non-functional, ornamental aspects of an object, such as its shape, surface, and configuration. It is different from a utility patent, which covers functional aspects of an invention, such as its structure or how it works. A design patent is a useful tool for protecting the unique appearance of a product or object and can provide a competitive advantage in the market.
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according to clients, what are the obstacles to implementing an integrated marketing communications process? (check all that apply.)
The most common obstacles to implementing an integrated marketing communications process, as reported by clients, include a lack of a unified vision and strategy, limited resources, and an inability to measure results.
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Which of the following explains why a firm would be interested in knowing the price elasticity of demand for a good itsells Knowing the price elasticity of demand allows the firm to determine how the cost of producing additional units of the good will change. The price elasticity of demand allows the firm to calculate how changes in the price of the good will affect the firm's total revenue. The price elasticity of demand can be used to determine the impact of changes in income on quantity sold. Knowing the price elasticity of demand allows the firm to calculate how changes in the price of the good will affect the firm's total profit
In the following question, The reason a firm would be interested in knowing the price elasticity of demand for a good is to determine how changes in the price of the goodwill affect the firm's total revenue.
The elasticity of demand is the degree to which consumers alter their demand for goods and services in response to price modifications. It's used to determine how much buyers reduce their purchasing of a certain good or service when the price of that good or service changes. If demand for a good or service is relatively inelastic, a price hike will result in a smaller reduction in the quantity demanded than if the demand were elastic.
If demand for a good or service is relatively elastic, a price hike will result in a greater reduction in the quantity demanded than if the demand were inelastic.
Therefore, the reason a firm would be interested in knowing the price elasticity of demand for a good is to determine how changes in the price of the goodwill affect the firm's total revenue. The price elasticity of demand allows the firm to calculate how changes in the price of the goodwill affect the firm's total revenue.
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When is National Daughters Day
Answer:
sunday september 24,2023
Explanation:
September 24 2050
Your welcome
which of the following received a first-mover benefit among the competitors in the american grocery market?
Walmart received a first-mover benefit among its competitors in the American grocery market.
By taking action first, businesses like Walmart gain first-mover benefits. Information technology has long been viewed by Wal-Mart as a competitive edge over its rivals. The world's largest private satellite network and database system were created because of their creative thinking. The use of computers and bar codes to collect sales and inventory data and subsequently share this information with their suppliers are two more technological advances that Wal-Mart was first at. It is known as an EDI system.
The implementation of electronic data interchange (EDI) allowed an estimated 3,600 vendors—representing roughly 90% of Wal-dollar Mart's volume—to receive orders and communicate with Walmart electronically, according to the Walmart case study.
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Answer the question based on the following supply and demand schedules in units per week for a product.
Refer to the above table. If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be:
Decrease in supply
No shortage or surplus
A shortage
A surplus
There wouldn't be a shortage or excess if demand rose by 100 units at every price point and the government has set a $40 price cap.(option b)
How would you define shortage?In terms of economics, a scarcity or excess demand occurs when the demand for a good or service in a market outweighs the supply. It is the antithesis of an abundance of something. A shortage occurs when there is an imbalance between supply and demand for a good or service. The market is considered to be in a condition of disequilibrium when this happens. This circumstance often only lasts a short while before the product is supplied and the market returns to normal.
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← C
Walmart
MOST
vjt-az.modemhire.com/vjta/#/situational-judgementCs/standard/sjCsVi
Retail Associate Assessment
Your shift's productivity is slow because one person isn't doing his share. The rest of the team is getting upset
What would you be most and least likely to do?
PICK ONE OF EACH
Recognize that everyone can have a bad day. Focus on your own work, not someone else's
Ask your struggling coworker if there's any way you can help because he seems slower today
Talk about the problem with another team member to see what they think
Tell your struggling teammate to work faster because he's holding back the team.
3/6
sam's club
LEAST
*** what is the most and the least likely to do?
Most likely, I would approach the troubled coworker in a respectful and encouraging manner and provide assistance if necessary.
What would you be most and least likely to do?It's crucial to keep in mind that anyone may experience a bad day and that there might be underlying issues causing the slow work. By demonstrating empathy and support, it can make the workplace more positive and possibly reveal any problems that need to be fixed. I would probably advise the struggling employee to work more quickly, but this can backfire and increase friction on the team. Addressing the problem is crucial, but it must be done in a supportive and constructive manner that avoids sounding aggressive or accusatory. To increase productivity and resolve any challenges within a team, open dialog and collaborative effort are essential.
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