Answer:
The missing phrase is Explanation Facility.
Complete Sentence:
In an examination evaluation expert system, the Explanation Facility component of the expert system is responsible for stating why a loan application was approved or rejected.
Explanation:
An expert system is a computer system program that can do the job of a human expert whose role is to give professional opinions, judgments, or advice regarding an issue. These systems are associated with Artificial Intelligence.
In other to create this kind of system (which has the capacity to solve complex problems) AI programmers use a collection of knowledge stored or codified in if-then formats or rules
In expert systems, an explanation facility is a function that allows non-artificial users to query the veracity of the system's reasoning. Usually, the system would make reference to its frame of logical construct, its rules, and or goals.
Cheers
Suppose that each of the only two firms in an industry has the independent choice of advertising its product or not advertising. If neither advertises, each gets $10 million in profit; if both advertise, their profits will be $5 million each; and if one advertises while the other does not, the advertiser gets profit of $15 million and the other gets profit of $2 million. According to game theory, the Nash equilibrium is: Group of answer choices neither will advertise. both will advertise. one will advertise and the other will not. both may or may not advertise.
Answer:
both will advertise.
Explanation:
Game theory looks at the interactions between participants in a competitive game and calculates the best choice for the player.
Dominant strategy is the best option for a player regardless of what the other player is playing.
Nash equilibrium is the best outcome for players where no player has an incentive to change their decisions.
The payoffs of advertising are either 5 or 15.
the payoffs of not advertising are either 10 or 2
the payoffs of advertising is higher than that of not advertising. Thus, the nash equilibrium is for the firms to advertise
Please find attached an image of the payoff matrix
The purpose of a(n) ______ payment is to facilitate the performance of duties that a government has already obligated itself to do.
Answer:
grease
Explanation:
A facilitation payment that contains the small bribe is called as the grease payment that solicited to expedite the performance of the transactions that are done on regularly basis or the service in which the company makes the payment is considered to be legal at the time of receiving it
So as per the given situation, it is a grease payment where the government has already the liability to do
A certain product has supply elasticity 0.4 and demand elasticity 2.7. If a tax were placed on the product, what is most likely to happen
Answer:
Sellers will bear more of the tax burden.
Explanation:
Leaders who function primarily by clarifying role and task requirements to accomplish established goals exhibit a(n) ________ style of leadership.
Answer: transactional
Explanation:
4) The management of Stanforth Corporation is investigating automating a process. Old equipment, with a current salvage value of $24,000, would be replaced by a new machine. The new machine would be purchased for $516,000 and would have a 6 year useful life and no salvage value. By automating the process, the company would save $173,000 per year in cash operating costs. The simple rate of return on the investment is closest to:
Answer:
17.86%
Explanation:
Calculation to determine what The simple rate of return on the investment is closest to:
First step is to calculate the Depreciation
Depreciation = $516,000 ÷ 6years
Depreciation= $86,000
Second step is to calculate Incremental operating income
Incremental operating income = $173,000-$86,000
Incremental operating income=$88,000
Now let determine the simple rate of return on the investment
Using this formula
Simple rate of return = incremental operating income ÷ initial investment
Let plug in the formula
Simple rate of return = $87,000÷$516,000
Simple rate of return =17.86%
Therefore The simple rate of return on the investment is closest to:17.86%
what is the meaning of form of business organization? don't spam
Answer and Explanation:
A business organization is an entity that focused on carrying out the enterprise on commercial activity by giving the products or services in order to meet out the needs and wants of the customers.
Here are different types of business organization that includes sole proprietorship, general partnership, limited liability, corporation, etc and based on each form there are different tax liability, duties, responsibilities
____________ involves a review of the sales, costs, and profit projections for a new product to find out whether they satisfy the company's objectives.
Answer:
Business analysis
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Business analysis refers to a strategic process that typically involves a review of the sales, costs, and profit projections for a new product in order to find out whether the product is in tandem with the objectives of the company.
This ultimately implies that, many organizations and business owners use business analysis to measure the level of satisfaction with respect to the company's objectives and its customers through the process of analyzing or reviewing the sales, costs and profits projection of its new products before pushing them out into the market.
Similarly, cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to
Answer: uncertainty about the ability of the issuer to make timely payments of interest and principal
Explanation:
AAA refers to the highest possible rating which can be assigned to the bond of an issuer by the main credit rating agencies. It should be noted that AAA bonds possesses a high degree of creditworthiness.
An investor who commits a sizable portion of her portfolio to long-term AAA-rated bonds would be exposing herself to uncertainty about the ability of the issuer to make timely payments of interest and principal.
Emphasizing the negative consequences that may occur unless a consumer changes behavior is called ________.
Answer:
a fear appeal
Explanation:
Fear appeal is the strategy that induces fear in an individual with the aim of preventing a particular behaviour.
Usually a risk is presented to person and the consequences of taking a particular action is highlighted.
Fear appeal emphasises the negative aspects of a situation to discourage the participants from acting a particular way.
It is an important tool in malong positive change in an individual's attitudes, intentions, and behaviours.
A company's horizontal scope refers to Multiple choice question. the extent to which the company participates in the various activities of the industry's value chain. the various product and services that it offers. the various defensive strategies the company can employ. the extent of its ownership in multiple joint ventures.
Answer:
the various product and services that it offers.
Explanation:
Horizontal scope or integration can be regarded as process that involves increasing of production of goods or services , and this increase reflect at the same part of all supply chain
by a company . This can be done by
a company merger, internal expansion or acquisition. This process can result into if vast majority of the market for that particular product/ service is been captured by the company.
It should be noted company's horizontal scope refers to the various product and services that it offers.
Holders of common stock in a corporation brought an action based on state law fraud claims arising out of a tender offer for their stock. The action against the corporation and its directors was filed in state court in State A. In entering a judgment against the corporation and its directors, the state court ruled that the tender offer contained false statements of material facts. Subsequently, holders of preferred stock in the corporation filed an action in federal district court in State B against the corporation and its directors, asserting a claim regarding the tender offer based on federal law. The preferred shareholders moved for a partial summary judgment on the issue of whether the tender offer contained false statements of material facts. Both State A and State B require mutuality of parties in order for issue preclusion to apply. Should the federal court grant the partial summary judgment motion
Answer: No, because State A requires mutuality of parties in order for issue preclusion to apply
Explanation:
According to the information given, the federal court cannot grant the partial summary judgment motion. The reason for this is because State A requires mutuality of parties in order for issue preclusion to apply.
Under 28 U.S.C. § 1738, it's required for the federal court to give full faith and credit to the state court judgments. Therefore, in this scenario, if a subsequent action in the state is barred by the state-court judgment, then it can be deduced that it acts to bar a subsequent action in the federal court too.
which component of effective high-performance teams is represented by the use of real-time feedback devices acls
Answer: Quality
Explanation:
High-performance teams refers to the teams, or organizations which focuses on their goals and therefore achieve superior results and outperform other similar teams.
The component of effective high-performance teams that is represented by the use of real-time feedback devices is quality.
A high-performance team is described as a combination of people with particular responsibilities and supplementary abilities and skills aligned with and dedicated to a shared goal, who constantly exemplifies cooperation and mutual and innovative thinking, start producing excellent performance, and suppress revolutionary or drastic views that may be harmful.
The component of effective high-performance teams is represented by the use of real-time feedback is Quality.
The high-performance team is known for being the similar, main objective, and sound better system that helps any group member to overcome any obstacles in attaining the team's objectives.
In psychology, quality is a property or feature of an element. The concept of qualities, and notably how to identify different kinds of characteristics from one another, is still debated in contemporary philosophy.
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briefly,explain why the depth of floatation of a ship changes when it sails from the Arabian sea to the lndian ocean
Answer:
change in density of sea water
The depth of flotation of a ship changes when it sails from the Arabian Sea to the Indian Ocean because of the change in the density of sea seawater.
What is the ocean?
The greatest area on earth is referred to as the “ocean.” The ocean's 71% slat water has a light blue appearance. The motion of water waves is the ocean. Magnesium, calcium, and chlorine are abundant in the ocean. The ocean covers the large surface area of the Earth.
The ship captain is driving the ship off the sea and turning into the Indian Ocean changing the depth of the ocean because of changes in the density of seawater. The density of the water can change only based on the temperatures the cool means density increases and hot means decreases.
As a result, the flotation of the ship changes because of the density of the water change.
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If the premiums are not paid on a Traditional Whole Life policy that has been in force for decades with no loan outstanding, what happens
Answer:
The surrender cash value is used for the extended term option.
Explanation:
This is where the nonforfeiture clause comes to policyholders aid. The nonforfeiture clause allows the policy holder who has not made payment of premiums within the grace period to be able to get the cash value of his whole life policy(with already paid premiums), recovered either by cash or extended term option or any other agreement made prior. The cash value of his whole life policy could be applied to the extended term option, allowing the policy holder to get a term insurance policy worth the value of his surrender whole life policy minus any loans against it.
all the occupation are equally important how and why .
It is true that some jobs require more training and experience than others. Also, that some jobs carry more responsibility, pay more, and have greater status.
But that doesn’t mean one job is more important than another.
In an organization, everyone matters and no one should look down upon someone for the work they are doing.
Remember, every job should be valued. And, every person should be treated with dignity and respect.
As part of the agency relationship, you have to keep everything that the buyer discloses to you private. This includes any information that may impact the buyer's capability or motivation to pay more than the asking price. This is an example of:
Answer:
Confidentiality
Explanation:
An agent is a person that protects the interest of his client in a given business transaction.
He is obligated to represent his client's best interest even when he is absent.
One of the benefits that a client enjoys in an agency relationship is confidentiality.
This is the ability of an agent to keep information about his client and his transactions private.
This includes any information that may impact the buyer's capability or motivation to pay more than the asking price.
Employees will perceive that their opinions are more valued if Multiple Choice they're given personalized, closed-end question-type employee opinion surveys. they're provided settings where employees have the opportunity to converse with all levels of management. they're given emails from the CEO on a regular basis. the company emphasizes job simplification.
Answer:
they're provided settings where employees have the opportunity to converse with all levels of management.
Explanation:
In the case when the employees would perceive as per their opinion and their opinion are most valued so that means it gives the setting at the time when the employees have the opportunity for conversing the management levels
so as per the given options, the second one option is correct
And, all other options are wrong
The balance of payments _________. adds up the value of all assets and liabilities of a country on a specific date. records all international transactions for a country over a period of time. determines the eligibility of countries for IMF aid.
Answer:
records all international transactions for a country over a period of time.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Basically, trade can be categorized into two (2) main groups and these are;
I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.
II. Export: it involves the sales of goods produced in a domestic country to a foreign country.
The balance of payments is a financial statement used for recording all the international transactions for a country over a specific period of time. Thus, it gives the difference in total value between the payments for goods or services into and out of a country over a specific period of time.
which type of approach to manufacturing tries to anticipate customer demand when deciding how much to produce and when
Answer:
Push manufacturing.
Explanation:
Factors of production can be defined as the fundamental building blocks used by individuals or business firms for the manufacturing of finished goods and services in order to meet the unending needs and requirements of their customers.
In Economics, there are four (4) main factors of production and these are;
I. Land.
II. Labor (working).
III. Capital resources.
IV. Entrepreneurship.
When these aforementioned factors of production are combined effectively and efficiently, they can be used for the manufacturing or production of goods and services to meet the unending requirements or needs of the consumers.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Technical or productive inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
Push manufacturing is a type of approach to manufacturing that typically tries to anticipate customer demand when deciding how much to produce and when. Thus, its required that a manufacturer anticipate the demand of consumers when using the push manufacturing approach.
What is one result of competition in a free-market economy?
A. Businesses control the price that all the companies within an
industry can charge.
B. Consumers can choose which company's products they want to
buy.
C. The government decides who is allowed to compete in the market.
D. Traditional values determine who will compete in the market.
goods taken by the proprietor for domestic purpose of Rs.15000
Journal entries
plz help me
Explanation:
Given:
Amount of goods taken by proprietor = Rs. 15,000
Find:
Journal entry
Computation:
Books of (.... ltd)
Journal entry
Particular Debit Credit
Drawing A/c Dr 15,000
To Purchase A/c Cr 15,000
(Being goods taken by proprietor for personal use)
The capital asset pricing model (CAPM) is based on the premise that: Group of answer choices Neither systematic nor unsystematic variability in cash flows is relevant. Only systematic variability in cash flows is relevant. Only unsystematic variability in cash flows is relevant. Both systematic and unsystematic variability in cash flows are relevant.
Answer:
only systematic variability in cash flows is relevant.
Explanation:
A capital asset pricing model is a model that is used for determining the theoretically appropriate required rate of return for an asset, and to make the decisions about the adding assets to a well-diversified portfolio. It is the relationship between the systematic risk and the expected return for the assets. It is based on the premises that the only systematic variability in the cash flows is very relevant.
Smartphone sales have stagnated in developed countries, but they continue to experience high growth in emerging economies. Which aspect of the industry does this trend reflect
Answer:
Open innovation
Explanation:
In a bid to drive growth and revenue, organizations and develop products which are customer friendly and centric, company's may decide not to rely on internal expertise or ideas within its own staff or designers, such that they seek external resources in a bid to mould their product offering in a systematic manner. These idea of seeking external knowledge or opinion in other to develop consumer products is called open innovation. It is a major trend which could be used to explain the push and increase in smartphone sales in developing economies as the companies tries to move in line with the current status.
When the Federal Reserve decreases the federal funds target rate, the lower rate is achieved through a. purchases of government bonds, which reduces interest rates and causes people to hold more money. b. purchases of government bonds, which reduces interest rates and causes people to hold less money. c. sales of government bonds, which reduces interest rates and causes people to hold less money. d. sales of government bonds, which reduces interest rates and causes people to hold more money
Answer:
a. purchases of government bonds, which reduces interest rates and causes people to hold more money.
Explanation:
In the case when the federal reserve want to reduce the rate so federal reserve purchased the government bonds from the members of the bank. Also the deposit should be credited to the balance sheet of the bank that provides the more reserve as they needed .This represent that bank should lower the fund rate of federal reserve in order to lending out the additional funds
Sasha has the new responsibility of initiating strategies that would help safeguarding her company against recession. She conducts a meeting with all the employees in which she explains how she would go about implementing her plans. She also motivates and encourages employees to follow through with her plan. Sasha is a ________.
Answer:
Strategic leader
Explanation:
Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a business firm or company in the future.
A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.
Generally, leaders use their powers to get other people to follow them. Some forms of power result from a formalized position in the organization while others are derived from personal characteristics or knowledge.
A strategic leader refers to an individual that utilizes strategy in the management of people without the use of threats and force to make them follow.
In this scenario, Sasha is a strategic leader because she motivates and encourages the employees to follow through with her plan.
If an insurance policy covers individual losses up to $2000 and has a deductible of $200, the insured will be paid how much in the event of a covered loss of $2500
A. $2,300
B. $2,000
C. $1,800
D. $2,500
The amount that the insured will be paid in the event of a covered loss of $2500 is: C $1,800.
Insurance policyUsing this formula
Amount=Amount covered -Deductible
Let plug in the formula
Amount=$2,000-$200
Amount=$1,800
Therefore the correct option is C.
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Why would a producer conduct a marginal analysis?
A. To understand the type of taxes paid on a good or service
B. To determine whether a price increase will change what a
consumer will buy
C. To predict the amount of environmental pollution caused by a
manufacturer
D. To suggest a way to package a product so that it causes less
pollution
E
Answer:
B to determine whether a price increase
Explanation:
cuz I said
______ communication takes place when individuals from different levels and different departments communicate.
Answer:
Diagonal
Explanation:
An organizational structure can be defined as the process which typically involves dividing an organization into various functional units.
Basically, the organizational structure comprises of three (3) main dimensions and these are;
I. The vertical dimension: this is typically the decision-making responsibilities (decentralization and centralization).
II. The horizontal dimension: this divides the organization into subunits.
III. Integrating mechanisms: it is based typically on the strategic mechanism that controls the various subunits within an organization.
Communication can be defined as a process which typically involves the transfer of information from one person (sender) to another (recipient), through the use of semiotics, symbols and signs that are mutually understood by both parties.
Employees working in an organization are said to engage in a diagonal communication when they communicate with other employees in other departments and on different levels such as level 8, 9, 10, 12, 14, as the case may be.
For example, a diagonal communication takes place when John that's on level 8 in the marketing department communicates with Claire who's on level 10 in the customer relationship management (CRM) department.
State 2 secondary market research Ford mothers could use
Explanation:
Secondary market research includes data that is already compiled and organised for you. Examples of secondary information include reports and studies by government agencies, trade associations or other businesses within your industry.Ford conducts market research online and in person, refining and creating new data-gathering processes that influence product development and marketing campaigns. The company engages consumers through moderated clinics and through one-on-one interviews before vehicles reach market.
______ is a legal doctrine that requires employers to have a job-related reason for terminating employees, including violation of rules and poor performance.
Answer:
A wrongful discharge (dismissal)
Explanation:
An employee can be defined as an individual who is employed by an employer of labor to perform specific tasks, duties or functions in an organization.
Basically, an employee is saddled with the responsibility of providing specific services to the organization or company where he is currently employed while being paid a certain amount of money hourly, daily, weekly, or monthly depending on the contractual agreement between the two parties (employer and employee).
Hence, while an employer may be the owner of a business firm or company, an employee is a subordinate employed to provide unwavering services to the employer while also, being professional and diligent at all times.
A wrongful discharge (dismissal) refers to a legal doctrine that requires employers of labour to have a job-related and justifiable reason for the termination of an employee's contract, including violation of rules and poor performance by the employee.
