is the process through which managers ensure that employees' activities and outputs contribute to the organization's goals. T/F

Answers

Answer 1

This statement is true. Performance management is an ongoing process that involves setting objectives, measuring progress, providing feedback, and rewarding results. It is a way of monitoring and supporting employees’ progress and development.

It helps ensure that everyone in the organization is working towards the same goals by collecting, analyzing and/or reporting information regarding the performance of an individual, group, organization, system or component.. It's aim is to improve the performance of employees and help them in reaching their full potential. It is also a way of creating accountability and ensuring that employees are held accountable for their performance.

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Related Questions

allens company has raised concerns about network information that can be observed without a hacker being discovered

Answers

allens company has raised concerns about network information that can be observed without a hacker being discovered is passive

What does CVE vulnerability stand for?

Common Vulnerabilities and Exposures

CVE stands for Common Vulnerabilities and Exposures. CVE is a glossary that classifies vulnerabilities. The glossary analyzes vulnerabilities and then uses the Common Vulnerability Scoring System (CVSS) to evaluate the threat level of a vulnerability.

What is CVE vs Cvss?

CVSS is the overall score assigned to a vulnerability. CVE is simply a list of all publicly disclosed vulnerabilities that includes the CVE ID, a description, dates, and comments. The CVSS score is not reported in the CVE listing – you must use the NVD to find assigned CVSS scores

What is difference between CVE and CWE?

CWE refers to the types of software weaknesses, rather than specific instances of vulnerabilities within products or systems. Essentially, CWE is a “dictionary” of software vulnerabilities, while CVE is a list of known instances of vulnerability for specific products or systems.

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robert's wife fiona does not work, and they file a joint tax return. robert can contribute on behalf of fiona into a:

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Robert's wife Fiona does not work, and they file a joint tax return. Robert can contribute on behalf of Fiona into a Spousal IRA.

Give a brief account on joint tax return.

A joint return is a tax return submitted to the Internal Revenue Service (IRS) on the new, streamlined Form 1040 (as of 2018) by two married taxpayers whose filing status is married filing jointly (MFJ) or by a taxpayer who has lost a spouse and whose filing status is qualified widow or widower (QW). These taxpayers can consolidate their tax liabilities and record their income, deductions, and credits on a single joint return by filing a joint return. The use of advantageous joint return tax brackets, tax rates, and tax benefits allows qualified taxpayers to calculate their taxes. Thus, married couples that file a single return as opposed to two separate filings typically pay less in total tax.

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develop a tree diagram, using a team of three or more people, for a. the customer requirements for a product or service; b. planning a charity walkathon.

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A tree diagram, using a team of three or more people, for the customer requirements for a product or service and the planning of a charity walkathon is illustrated.

What is a tree diagram?

A new management planning tool called a tree diagram shows the hierarchy of tasks and subtasks required to accomplish an objective. A single item that branches into two or more, each of which branches into two or more, and so on, is the starting point of the tree diagram.

A tree diagram is a tool for visualizing all possible solutions to a problem. It resembles a tree because the branches display the various outcomes.

In this case, it should be noted that the customer requirements for a product or service and the planning of a charity walkathon is illustrated. This is visually attached.

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which of the following would most likely result if the federal government increased spending without increasing tax revenues during a period of full employment? group of answer choices a recession a decrease in interest rates an increase in the price level a decrease in the national debt

Answers

In a situation when there is full employment in the economy and the government raises expenditure without boosting tax collection, prices for goods and services will rise.

What happens when the amount spent by the government rises?

Government spending boosts overall demand, which drives up prices. More output is prompted by increased pricing, in accordance with the law of supply. More jobs are created in order to do this. Demand growth results in reduced unemployment rates and higher output.

What occurs when governments spend excessively?

Overspending by the government results in budget deficits and imbalances. Overspending by the government has drawbacks including higher interest rates, a lack of national savings, and a default risk.

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Refer to Figure 12.1. Assuming the economy is on the production possibilities curve,
crowding out suggests that an increase in government spending financed by
internal borrowing would move the economy from pointA. B to point AB. A to point fC. C to point ED. C to point A

Answers

We refer to a country's economic activity as efficient production when it is on its production potential curve.

What assumption is the production possibility curve?Resource availability and stability are the fundamental presumptions behind the production possibility curve. The production process's utilization of technology never changes. Technologies and resources are effectively and fully used.The Production Possibilities Curve (PPC) is a model that illustrates the trade-offs involved in dividing resources between the production of two items. Concepts from the PPC can be utilized as examples.The graph known as the "production possibilities curve" (PPC) depicts all the possible permutations of output that can be created with the available resources and technology. The Production Possibilities Curve (PPC), also referred to as the Production Possibilities Frontier (PPF), depicts scarcity and tradeoffs.

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Suppose your uncle offers you $100 today or $136 in 5 years. You would prefer to take the $100 today if the interest rate is 6 percent. 5 percent.7 percent. 4 percent.

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Your uncle offers you $100 today or $150 in 10 years. You would prefer to take the $100 today if the interest rate is 5 percent yes because after 5 years it will be $2,591,85 .

What occurs if interest rates rise excessively?

A recession and an increase in unemployment may result from it.

It is possible for the economy to enter a recession if the Fed raises rates too quickly and excessively. For both consumers and businesses, higher interest rates make debt more expensive and borrowing more difficult.

What Takes Place When the Fed Raises Interest Rates?

The Fed's intention when raising the federal funds target rate is to raise the cost of credit across the board. Everyone ends up paying more in interest fees as a result of higher interest rates, which make loans more expensive for both firms and consumers.

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you have the money spent on purchasing material and the number of hours the project team worked. which of the following would you also need in order to use the earned value management technique to report on the project's current performance? group of answer choices all of these are needed how much of each task has been completed today's datethe budget

Answers

Each of these is required. Date of today the budget, how much of each assignment has been finished. Through the use of earned value analysis (EVA).

A project manager is able to gauge more to just evaluating cost and schedule data, the actual quantity of work accomplished on a project. The EVA provides a mechanism for evaluating the project based on the amount of progress made. Earned Value Analysis (EVA) budget is a widely used technique for estimating a project's final cost and the completion date as well as for tracking schedule and budget deviations over the course of the project.

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can be used to improve the value that the business provides to its customers by working with the customers.

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Utilizing downstream strategies, a business can increase the value it offers to its clients by collaborating with them.

In a business context, what does downstream mean?

The term "downstream operations" refers to the final steps in the manufacture and sale of goods, where finished goods are produced and offered for sale to customers. Sales may be made at the wholesale level, to businesses (B2B), or at the retail level, to consumers (B2C).

What makes upstream and downstream different?

Simply put, downstream refers to the procedures used after extraction until it is delivered to the customer in whatever format is required, whereas upstream works include the exploration and production of crude oil and natural gas.

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The adolescent brain is
A. a work in progress.
B. consistent since infancy.
C. not producing new brain functions.
D. fairly rigid with minimal plasticity

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Inside the adolescent brain is the biggest modification is the "pruning" away of unused connections in your child's grey matter, which is the area of the brain responsible for thought and processing.

The Correct Answer is A. a work in progress.

What is Building a healthy teenage brain?Your child's behavior, thoughts, and feelings are influenced by a combination of their surroundings and their particular brain. For instance, the brain may become "hard-wired" with your child's favored activities and abilities.Brain development is greatly influenced by how youngsters spend their free time. It is therefore important to consider the variety of interests and experiences your child has, including music, sports, studies, foreign languages, and video games. What impact do these have on the type of brain your child will have as an adult?In your child's environment, you play a significant role. Your kid really appreciates you. It will be crucial for your child's development of a healthy brain how you influence and guide them.You can achieve this by: promoting good behavior, helping your youngster get lots of sleep while encouraging sound thinking.

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the shipping terms, fob place of destination, indicate that the seller must deliver the goods at the place named and bear the expense and risk of shipping.

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The shipping terms, fob place of destination or Free on Board Destination, indicate that the seller must deliver the goods at the place named and bear the expense and risk of shipping.

The Free on Board Destination is a financial term that is used to reflect, if the buyer and seller is responsible for the products that are damaged or destroyed during shipping.

Free on Board destination is the shipping point that reflects the buyer is at a risk as they take the responsibility of the products when they are shipped by the seller.

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a mass protest organization and a grassroots organization both rely on high levels of membership participation, but a grassroots organization:

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A grass root organization relies on high levels of community-based membership participation to promote social change.

What is Grass Root Organization?

The bulk of grassroots organizations are composed of ordinary citizens who are fighting for a cause to bring about change at the local, national, or international levels. As implied by the name, grassroots organizing is a type of mobilization that starts at the ground level.

In order to accomplish social change, it is a special type of social movement organization that largely relies on membership participation from the neighborhood. It lacks a hierarchical structure and functions through already-established political structures.

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When used to build trust through the advertiser's consumer orientation, competence, dependability, candor, and likability, the Internet is an __________________ (effective/ineffective) tool in personal selling.

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When used to build trust through the advertiser's consumer orientation, competence, dependability, candor, and likability, the Internet is an effective  (effective/ineffective) tool in personal selling.

What is meant by consumer orientation?

Customer orientation is a business strategy that prioritizes the demands of the client over those of the company. Customer-focused businesses are aware that without continually increasing their customer attention, they won't succeed. It's a mode of thinking that ties your company's objectives to those of your clients.

Consumer satisfaction cannot be attained without a focus on the customer. Your company may enhance customer orientation with knowledge about client expectations and satisfaction. It is feasible to keep an eye on and enhance operations by tracking client satisfaction because this data is crucial.

Customer satisfaction is the aim of customer-focused businesses in order to keep customers for longer. Customer-centric businesses also naturally draw customers to their offerings.

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Table 12.16
Firm B
High Price
Low Price
Firm A
High Price
20, 20
10, 30
Low Price
30, 10
15, 15
Reference: Ref 12-16
(Table 12.16) In the table, the payoffs represent profits measured in thousands of dollars. In this infinitely repeated game, Firm A and Firm B are both using grim trigger strategies and agree to charge a high price in period 1. If Firm A has a change of heart and decides not to charge a high price in period 1, what is Firm A's expected payoff from cheating? Assume that d = 0.9.
$580,000
$2 million
$315,000
$165,000

Answers

Firm A's expected payment from cheating is $165,000. In Grim Trigger strategy, players cooperate in first and subsequent rounds unless their opponent deviates from agreement.

Is Grim Trigger SPE?

Trigger is SPE. If both players are playing Grim Trigger: One player is flawed According to history, both players should always be flawed. In these subgames, both react best when they cannot influence their opponent's play, as there is no reason to cooperate. Players are forever trampled when they realize their opponent betrayed them in the previous game.

Is the Grim Trigger strategy subgame perfect?

For d ≥ 1/2, we conclude that the strategy pair where each player's strategy is the Grimm-his trigger strategy is an infinitely repeated subgame perfect equilibrium of the prisoner's dilemma.

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suppose that a business incurred implicit costs of $380,000 and explicit costs of $2 million in a specific year. if the firm sold 100,000 units of its output at $27 per unit, its accounting

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When the firm sold 100,000 units of its output at $27 per unit, its accounting Profit were $700000 and its Economic profit were $320000

How to calculate the profit?

The business incurred implicit costs of $380,000 and explicit costs of $2 million in a specific year.

Accounting Profit = Total Revenue - Explicit Cost

Accounting Profit = Price*quantity - 20,00,000 = 27*100000 - 20.00,000 = 27,00,000 - 20,00,000 = 7,00,000

Economic Profit = Accounting Profit - Implicit Cost = 7,00,000 - 380,000 = 320000

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Complete question

suppose that a business incurred implicit costs of $380,000 and explicit costs of $2 million in a specific year. if the firm sold 100,000 units of its output at $27 per unit, its accounting profit is ...

Dewayne Gibbons of Burger King decided to introduce a new slicedchicken sandwich without consulting any of his subordinates or thefranchise. Managers who use this style of decision making exhibitthe _____ style of leadership.A) one dimensionalB) closed-doorC) consultativeD) autocratic E) autocratic laissez-faire

Answers

Dewayne Gibbons of Burger King determined to introduce a brand new sliced chook sandwich with out consulting any of his subordinates or the franchise. Managers who use this fashion of choice showcase the Autocratic fashion of management

The required details about Autocratic is mentioned in below paragraph.

Autocracy is a gadget of government wherein absolute electricity over a state is focused withinside the arms of 1 person, whose selections are challenge neither to outside criminal restraints nor to regularized mechanisms of famous control. In in advance times, the time period autocrat became coined as a positive description of a ruler, having a few connection to the idea of "loss of conflicts of interests" in addition to a demonstration of grandeur and electricity. This use of the time period persevered into current times, because the Russian Emperor became styled "Autocrat of all of the Russias" as past due because the early twentieth century. In the nineteenth century, Eastern and Central Europe have been beneathneath autocratic monarchies withinside the territories of which lived various peoples.

Autocracy is the maximum not unusualplace and durable regime type due to the fact the emergence of the state.

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____ advertising is heavily used during the growth and early maturity stages of the product life cycle.

Answers

Persuasive advertising is heavily used during growth and early maturity stages of product life cycle.

What is advertising?

Advertising is a procedure and a collection of tactics used to market a good or service. Utilizing advertising, businesses attempt to draw customers' attention to their goods and services. Through "branding," which is the process by which people connect a product name or image with specific qualities, commercial advertising often tries to boost consumer use of their goods or services. On the other hand, direct-response advertising refers to commercials that are meant to prompt a purchase right away. Political parties, interest groups, religious institutions, and governmental agencies are examples of non-commercial organizations that market their products or services more than profit-making companies. One sort of free persuasion that non-profit organizations are allowed to utilize is public service announcements.

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a sales manager announces that all weekly sales reports must be submitted via e-mail, rather than hardcopy. however, some of the veteran staff members are still putting their reports in the manager's office mailbox. which of the following would be the least effective way of winning over those who are resistant to this change?

Answers

Stressing that younger staff members have no problem e-mailing their reports of the following would be the least effective way of winning over those who are resistant to this change.

It can be challenging to implement change in a company, especially when it involves new technologies. The reason for this is that the organization's veteran personnel frequently oppose the adoption of new technology since they may find it difficult to adapt to it.

Therefore, management must concentrate on motivating and preparing seasoned employees to master the new technologies. Stressing that younger colleagues have no trouble using email to share reports, in contrast to them, is the least successful strategy for persuading the employees who are resistant to this shift. The acts of the sales agents under a sales manager's supervision are his responsibility and are subject to accountability.

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Strategic fit between two or more businesses exists whenever one or more activities comprising the value chains of different businesses are sufficiently similar to present opportunities:
For cross-business use of a potent brand name/or cross-business collaboration to build new or stronger competitive capabilities.

Answers

Strategic fit between two or more businesses exists for cross-business use of a potent brand name/or cross-business collaboration to build new or stronger competitive capabilities.

Demonstrate Strategic fit

The degree to which a business is aligning its resources and talents with the opportunities in the external environment is expressed by its strategic fit. The organization must therefore have the actual resources and competencies to implement and support the plan because the matching is done through strategy. A company's existing strategic predicament as well as opportunities like mergers and acquisitions (M&A) and the sale of organizational divisions can both be evaluated actively using the concept of strategic fit. The resource-based approach of the business, which contends that internal attention on maximizing the distinctive qualities of the company's portfolio of resources and skills rather than focusing exclusively on positioning and industry choice, is connected to strategic fit.

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True or False : A potentially effective way to assure ethical behavior in an organization is to distribute rewards primarily on the basis of outcomes.

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This declaration is False.A potentially effective way to assure ethical behavior in an organization is to distribute rewards primarily on the basis of outcomes.

Ethical behaviour is characterized with the aid of honesty, equity and equity in interpersonal, professional and tutorial relationships and in research and scholarly activities. Ethical behaviour respects the dignity, variety and rights of humans and organizations of people.

What is an example of ethical behavior?

Examples of ethical behaviors in the workplace includes; obeying the company's rules, advantageous communication, taking responsibility, accountability, professionalism, believe and mutual recognize for your colleagues at work.

Why is ethical conduct so important?

Ethics is what courses us to tell the truth, preserve our promises, or assist any individual in need. There is a framework of ethics underlying our lives on a every day basis, supporting us make decisions that create fine impacts and guidance us away from unjust outcomes.

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Which of the following is an accurate statement regarding testing for impairments of tangible assets and amortizable intangible assets? Multiple Choice Assets may be tested as a group if they are used in combination with other assets in the group. Assets are to be tested only as individual assets. Assets may be tested as a group only if they were purchased as a group. Assets need not to be tested for impairment annually.

Answers

Assets may be tested as a group if they are used in combination with other assets in the group.

What are intangible assets that are amortizable?

The process of depreciating expenditures related to intangible assets, such as patents and trademarks, over the length of their lifetime is referred to as amortization of intangibles. This is carried out for accounting or tax purposes. These assets are expensed into an amortization account, often known as amortization.

Do tangible assets have an impairment?

If the carrying amount of the asset group is greater than its fair value and cannot be recovered, an impairment loss on the tangible or finite-lived intangible asset is reported.

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As the typical investor ages the composition of their wealth usually switches from primarily______ to primarily ______.
A.human capital; financial capital
B.financial capital; human capital
C.intellectual capital; physical capital
D.investable capital; noninvestable capital

Answers

As the typical investor ages the composition of their wealth usually switches from primarily financial  to primarily human capital. Option B

What is meant by human capital?

The information, skills, and health that people invest in and amass throughout the course of their life give them the opportunity to realize their potential as contributing members of society.

A nation's current pool of skill, aptitude, expertise, education, and information is referred to as its "human capital." To create more human capital from human resources, we must invest in human capital.

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Answer:

B.financial capital; human capital

Explanation:

In a/an ____, all partners assume unlimited personal liability and responsibility for the management of the business. a. limited partnerships

Answers

In a general partnership, every partner accepts unlimited personal liability and is in charge of running the company.

Are general partners subject to perpetual personal liability?

An owner's assets may be forfeited in order to satisfy liabilities in a general partnership since partners agree to unconstrained liability, which means that obligations are uncapped. Any partner could also be held responsible for the company's debts.

General partners are individually liable for all firm debts and obligations, while limited partners are simply accountable for the amount of their investments. Limited partnerships can be a smart choice when combining the resources of multiple people or when only a few partners have financial resources to contribute.

Exists a type of partnership where each general partner is liable without limit?

A general partnership is a contract between partners that outlines how they will launch and run a business together (GP). It is one of the legal entities that are most frequently utilized for business establishment. In a general partnership, each partner is responsible for the business and liable for any debts it accrues.

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gerry signs a lease with driftwood apartments to lease a studio apartment for the next year for $650 per month. shannon signs on driftwood behalf. gerry and driftwood have ____.

Answers

Gerry signs a lease through Driftwood Apartments for a small apartment for $650 per month for the following year. On behalf of driftwood, Shannon signs. Driftwood and Gerry have a written agreement.

The appeal of driftwood is what exactly?

The ecosystem of the sandy beach is stabilized by the driftwood. Beaches are naturally disturbed and continually shifting due to winds and waves. Driftwood aids in keeping the sand in position and promotes plant germination, much like the borders you construct around a garden.

How does the driftwood rule work?

A word on a regional custom if you intend to beachcomb. The rule that states you can only start picking up driftwood as well as other detritus if it is laying may not be a law in and of itself, but breaking it will result in a fine beneath the mark of the highest tide.

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g what does the blue shaded area (labeled a) represent? group of answer choices profit loss total revenue total cost

Answers

The lighter-shaded rectangle, which has amount on the horizontal line and marginal production costs on the vertical line, represents the firm's total costs.

What does the word "revenue" mean?

Revenue, which is determined by dividing the average retail price by the quantity of units sold, is the money made from regular business operations. The power play (or gross income) number is what is used to calculate net revenue by reducing costs. Purchases are yet another name of revenue in the income statement.

What are some instances of income?

Revenues are frequently substituted with the word income. Sales, service revenues, earned fees, interest revenue, and interest income are a few examples of revenue accounts. Revenue accounts typically contain outstanding debt because they are credited whenever services are rendered and billed.

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james is deciding between a job as a mechanic and a pizza delivery man. the pizza delivery job pays more, but also takes up much more time. which of the following could be considered an opportunity cost of taking the pizza delivery job? james is deciding between a job as a mechanic and a pizza delivery man. the pizza delivery job pays more, but also takes up much more time. which of the following could be considered an opportunity cost of taking the pizza delivery job? there is no opportunity cost because the pay is higher the tips he would receive both b and c the higher wage the reduced free time

Answers

In economics, the term "contraction" describes a stage of the business cycle during which the entire economy is in decline.

How does Contraction Works?The four phases of a business cycle are generally the following: expansion, peak, contraction, and trough. An economy moves through each phase in the order listed. Economic expansion is characterized by rising GDP, rising per capita income, falling unemployment, and generally strong performance of equity markets. After the expansionary phase comes to a conclusion, constriction sets in. This is represented by the peak phase. The following year sees a fall in GDP and per capita income, a little increase in unemployment, and a downward trend in stock market indices.An economy that is in decline is typically a sign of future financial difficulty. Increased unemployment results from the economy's sudden decline.No economic downturn lasts forever, but it can be challenging to predict how long a slump will last before it turns around. A contraction, as was the case during the Great Depression, might endure for a long time.The ancillary effects of contraction are what the general people is most affected by, even though GDP is the main indicator used to gauge the state of the economy and identify the stage of a business cycle. Low productivity nearly always results in more unemployment and lower earnings since there is less work available when production is low.

The Complete Question is  contraction.

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You hold a diversified $100,000 portfolio consisting of 20 stocks with $5,000 invested in each. The portfolio's beta is 1.12. You plan to sell a stock with b = 0.90 and use the proceeds to buy a new stock with b = 1.50. What will the portfolio's new beta be? Do not round your intermediate calculations. 1.093 1.185 1.127 1.150 1.242

Answers

A diversified portfolio consists of $100,000 with 20 stocks and $5,000 invested in each of the stock 1.15

What is portfolio?

A portfolio is a collection of financial assets, such as securities, bonds, commodities, cash, and cash equivalents, such as closed-end funds and exchange-traded funds (ETFs). Most people think that a portfolio's core consists of equities, bonds, and cash.

The portfolio beta is 1.12

You plan to sell a stock with a beta of 0.90, the proceeds gotten from it will be used to purchase a new stock with a beta of 1.50

Therefore, the portfolio's new beta can be calculated as follows

= (20×1.12-0.9+1.50)/20

= (22.4-0.9+1.50)/20

= 23/20

= 1.15

Hence the portfolio's new beta is 1.15

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early voting was adopted in texas to increase the chances of republican candidates being elected to office.

Answers

The correct statement is : early voting was adopted in Texas to increase the chances of republican candidates being elected to office.

The answer is True.

Voting is a method by way of which a group, together with a meeting or an electorate, can have interaction for the motive of creating a collective selection or expressing an opinion usually following discussions, debates or election campaigns. Democracies pick holders of high office with the aid of vote casting.

A complete of 538 electors form the Electoral university. each elector casts one vote following the general election. The candidate who receives 270 votes or greater wins. The newly elected President and vice chairman are then inaugurated on January 20th.

The right to vote (also called suffrage or enfranchisement) method that people have the proper to be heard.

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T/F. accrued fees earned are recorded during the adjusting process. the reversing entry will leave a debit balance in fees earned as of the first day of the next period.

Answers

Correct answer is false.

When the cash is received at a later time, an adjusting journal entry is made to record the payment for the receivable account. An collected rate is the rate that has been incurred (goods or offerings have been consumed) earlier than the cash payment has been made.

What is an example of an gathered expense?

Any cost you report now however diagram to pay for at a later date creates an gathered price account in your books. An instance of an amassed cost would possibly include: Bonuses, salaries, or wages payable. Unused holiday or ailing days.

What is an accumulated expense in accounting?

Share. Accrued costs are those incurred for which there is no bill or different documentation. They are labeled as modern liabilities, meaning they have to be paid within a contemporary 12-month duration and show up on a company's balance sheet.

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Athletix Shoe Company is bringing a new shoe to the market, so it begins a series of ads meant to highlight the new shoe for customers. These ads can be best described as ________ advertising.
O brand
O institutional
O advocacy
O competitive
O public service

Answers

A series of advertisements are launched by the Athletix Shoe Company to emphasize the new shoe for buyers as it enters the market. The best way to categorize these adverts is as brand advertisements.

Brand advertising is a type of advertising that aids in forming bonds and developing enduring relationships with customers over time.

Businesses that use brand advertising want to gain long-term public favor. These businesses build intellectually and emotionally compelling brand identities, credibility, and loyalty with their prospects.

Brand advertising and direct response advertising are the two main categories of advertising.

While brand advertising aims to raise overall demand for a brand, direct response (or performance-based) ads are used to compel people to take instant action.

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Builders Inc. and Concrete Supply Company enter into a contract for a sale of cement. Concrete delivers, but Builders does not pay. Concrete can recover as damages
the purchase price plus incidental damages.

Answers

Builders Inc. and Concrete Supply Company enter into a contract for the sale of cement. Concrete delivers, but Builders does not pay. Concrete can recover as the purchase price plus incidental damages

What are the incidental damages?

Generally, Consequential losses do not encompass distant or unexpected harm. Incidental damages are expenditures that were legitimately expended by a non-breaching party in conjunction with achieving cover (for example, expenses incurred in seeking substitute performance) or otherwise incident to the breach. These types of losses are not considered to be compensatory damages.

What are some instances of damages that are considered incidental?

Incidental Damages

By the buyer in the event that the seller is in violation of the contract, including the expenses of inspection, transportation, care, custody, or disposal of rejected products; and costs connected with obtaining cover, such as the cost of sending the alternative goods...By the seller in the event that the buyer is in violation, including any fees spent as a result of the buyer's decision to cancel the delivery;

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Builders Inc. and Concrete Supply Company enter into a contract for a sale of cement. Concrete delivers, but Builders does not pay. Concrete can recover as ________damages

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