The Novation is when the parties to the agreement wish to replace one of the parties with a third party.
Novation is the mutually agreed-upon replacement of an existing contract with a new one. Alteration denotes a mutually agreed-upon modification to the terms of an existing contract. Either the parties stay the same or a third party is introduced.The mutually agreed-upon replacement of one duty with another with or without a change in the parties, with the goal of eradicating the first. there is no proof that the contract was novated or that it was allocated.A common instance of novation in the context of real estate law is when a tenant transfers the lease to a new renter, holding the new tenant accountable for rent payments and any property damages in accordance with the terms of the original lease.Thus the correct option is C.
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a ____________ is the share of profits or percentage of sales a franchisee pays to a franchisor.
Royalty is the sales percentage or profit share that a franchisee pays to the franchisor.
What is the name given to the share of profits paid by a franchisee to a franchisor?
A franchise (or franchising) is a system of product or service distribution that involves a franchisor, who creates the brand's trademark or trade name and a business system, and a franchisee, who pays a royalty and frequently an upfront fee for the right to operate under the franchisor's name and system. The "franchise," though technically the agreement that binds the two parties, most frequently refers to the enterprise that the franchisee runs. The term "franchising" most frequently refers to the process of developing and disseminating a brand and franchise system.
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collision insurance covers your vehicle against risks such as falling objects, hail, and other non-accident situations.
The vehicle is made drivable by comprehensive physical damage coverage, which guards against these dangers.
What is physical damage?Physical damage is defined as actual physical harm to a property that, whether due to an accident or otherwise, materially reduces its usability, marketability, or value. This includes, but is not limited to, damage brought on by fire, the destruction of tangible property, construction flaws, land subsidence, earth movement, or slippage, flood, earthquake, war, civil insurrection, or riot, as well as damage resulting from these events. It is not considered physical damage if there is asbestos, lead paint, or radon gas in the home on the property. Physical damage refers to actual, unintentional physical loss or damage to the aircraft, also referred to as loss. It excludes, however, loss of use and any potential residual value depreciation after repairs have been made.
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What are the consequences to the schedule if completion of a primary task is delayed?.
Delaying the completion of the primary task delays the start of all related dependent tasks.
What is the task and why it is used?Task, duty, job, housework, stint, commission mean work to be done. Obligation means a task imposed by an authority, an employer, or a circumstance. I am entrusted with various tasks. Obligation means an obligation to perform or an obligation to perform.The task will tell you if the work has been completed, and if the operation has returned a result, the task will return the result. What is the difference between work and task?Work is job that must be done. A task is a part of work that needs to be done. A process is a set of actions performed for a specific purpose. Jobs and tasks define work to be done, and processes define how the work is done and how it should be done.
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Answer: The beginnings of all related dependent tasks are also delayed.
Explanation: If you decide to delay the schedule for a completion of a primary task you will fall behind in that task and all other dependent tasks that also need to be completed from that primary task. So it is best to try not to become delayed for the primary task so all the other tasks can also get completed on time.
In ordinary circumstances, when the corporate veil has not been pierced, a shareholder may be liable for:
A. the actions of the board of directors.
B. unpaid amounts on the shares held by that shareholder.
In ordinary circumstances, when the corporate veil has not been pierced, a shareholder may be liable for A. the actions of the board of directors.
What happens when the corporate veil is not pierced?The piercing of the corporate veil means that the company's management is not protected from financial irregularities that lead to a company becoming bankrupt. This is because the company operates as a separate entity and so there is protection for them if the company goes bankrupt. In such instances, the creditors would only be able to take what belongs to the company and that alone.
If there is a piercing of the corporate veil however, then the management, including the Board of Directors, would be affected. However, if there is no piercing of the corporate veil, then the shareholders as the owners would be liable for the actions of managament and so their investment would be threatened.
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which of the following occurs on the date of record?
a. The company accrues the dividend to be paid.
b. The board of directors declares the dividend.
c. The company pays the dividend.
d. A list of shareholders entitled to receive the dividend is prepared.
e. None of the choices occurs at the date of record.
Option (e), None of the options are true as of the record date.
What is record date of an event?
The issuing corporation establishes a fixed date when the investor must own shares in order to become eligible to engage in corporate events like receiving dividend, bonus shares etc. Record date refers to this.
The record date, which establishes the deadline by which shareholders must be listed on the business's books in order to be entitled to receive dividends on their shares, is decided by the board of directors of a corporation. A stock's price normally drops by the amount of the declared dividend on the ex-dividend day.
If I buy just on record date, would I get the dividend?Stocks normally have an ex-dividend date set one business day prior to the record date. You won't get the next dividend payment if you buy a stock on the ex-dividend date or later. Instead, the seller gets the dividend. If you acquire well before ex-dividend date, then will get the dividend.
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when investigating a solution, what information is it important for you to identify?
Factors that affect recall and information quality is information is it important for you to identify.
What is information quality?Information quality refers to the standard of the content of information systems. In pragmatism, it is commonly referred to as "The adequacy of the information offered." IQ frameworks also provide a useful method for accurately and thoroughly assessing DQ/IQ.
You need to be aware of some standards for good data. Learn more about the five qualities of quality data in the following paragraphs: accuracy, completeness, reliability, relevance, and timeliness.
Thus, Factors that affect recall and information quality.
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Buying behavior may be defined as the decisions and actions of people involved in buying and using products. Which of the following is normally included major focus in the study of buying behavior?
(a) Institutional buying behavior
(b) Personal buying behavior
(c) Consumer buying behavior
(d) Governmental buying behavior
The option that is normally included as major focus in the study of buying behavior is consumer buying behavior. The Option C is correct.
What does Buying behavior involves?In marketing, a buyer behavior means the decision and acts people undertake to buy products or services for individual or group use. Also known as “consumer buying behavior” often applies to individual customers in contrast to businesses.
This behavior is a driving force behind any marketing process and involves understanding why and how people decide to purchase product or why they are so loyal to one particular brand is the number one task for companies that strive for improving their business model and acquiring more customers.
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fill in the blank: when creating a headline for your content, you should come up with different headlines.
When creating a headline for your content, you should come up with 5-10 different headlines.
Content is the information contained in the media. This includes internet, film, television, radio, audio CDs, books, magazines, physical art, and live event content. It is aimed at end users or audiences in the publishing, art and media sectors. Live events include speeches, lectures, and stage performances.
Content in the media focuses on the audience's attention and receptivity to the content. Traffic brings content to people and helps spread it to reach a wide audience. It's a process in which anyone who encounters any type of content goes through a cycle where they encounter the content, interpret it, and go on to share it with others.
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Danahy Corporation manufactures a single product. The following data pertain to the company's operations over the last two years:
Variable costing net operating income, last year $ 52,000
Variable costing net operating income, this year $ 68,000
Fixed manufacturing overhead costs released from inventory under absorption costing, last year $ 4,000
Fixed manufacturing overhead costs deferred in inventory under absorption costing, this year $ 6,000
What was the absorption costing net operating income this year?
Multiple Choice
$62,000
$74,000
$70,000
$66,000
$74,0000, This year's revenue under absorption costing is equal to this year's revenue under variable costing plus the fixed manufacturing overhead cost deferred in inventory. This year's revenue is $68,000 + 6000 = $74,000.
How is net operating income calculated using absorption costs?The finance manager can estimate how much the company may incur in production costs by using the absorption costing formula: (materials + labor + variable production overhead + fixed production overhead) (number of completed units).
What are the two costs of absorption limitations?Absorption costing has the drawback of distorting the picture of a company's profitability. Additionally, it is useless for product line comparisons or analysis intended to increase operational and financial efficiency.
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GR8 Products, Inc., warrants its goods to be free of defects. Heck issues an instrument to obtain goods from GR8 that prove defective. With respect to payment on the instrument, Hecka.is liable only to a subsequent holder of the instrument.b.has a universal defense against it.c.cannot avoid it.d.has a personal defense against it.
GR8 Products, Inc., warrants its goods to be free of defects. Heck issues an instrument to obtain goods from GR8 that prove defective, and Heckhas a universal defense against it. Option B
What are warrants?Generally, In the world of finance, a warrant is a kind of asset that grants the holder the right to purchase or sell stock at a predetermined price known as the exercise price.
Typically, this stock is the stock of the firm that issued the warrant. Both warrants and options are contractual financial instruments that provide the holder specific rights to acquire stocks. This is what makes them comparable to one another.
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camilo's property, with an adjusted basis of $210,400, is condemned by the state. camilo receives property with a fair market value of $241,960 as compensation for the property taken. a. What is Camilo’s realized and recognized gain?
Camilo's realized gain is $_____ and his recognized gain is $_____.
b. What is the basis of the replacement property?
The basis of the replacement property is $_____.
The property taken. a. What is Camilo’s realized and recognized gain are:
Camilo's realized gain is $31560and his recognized gain is $31560.
The basis of the replacement property is $$210400.
Recognized gain = $241,960 - S210,400
= $31560
The whole Recognized gain can be deferred as it is like kind exchange so deferred gain is $31560.
Tax basis of new Prperty = cost - postponed gain
= $241,960 - $31560
= $210400.
A identified benefit is whilst an funding or asset is offered for an quantity this is extra than what changed into in the beginning paid. Recognizing profits on an asset will cause a capital profits situation, however best if the asset is deemed to be capital in nature.
Calculate a Recognized Gain. A benefit is calculated as the sale rate of an asset, minus the acquisition value of the asset. For example, whilst an investor buys a residence for $500,000 and sells it a yr later for $600,000, the identified benefit is $100,000.
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On-a-Roll, Inc. amortizes its copyright of $20,000 over 20 years. Miss Hap, the bookkeeper, forgot to record the amortization in the current year. The effect of this mistake causes ______.
On-a-Roll, Inc. amortizes its copyright of $20,000 over 20 years. Miss Hap, the bookkeeper, forgot to record the amortization in the current year. The effect of this mistake causes net income and asset to be overstated.
Overstated balance means the amount of balance is more but it should be less. It can happen due to error or omission.
As copyright amortization entry should be Amortization expense a/c debit to copyright a/c credit
Amortization expense is carried to profit and loss account which reduces the net income or profit. As the entry is not recorded therefore it will increase the net income. Hence net income balance will be overstated.
Amortize cause asset balance to decrease, but due to this mistake asset balance is not get reduced which results in asset balance overstated.
This mistake can be solved by recording the entry in the financial statements.
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Land acquired so that it can be resold in the future is listed on the balance sheet as a(n) _______________, but land acquired for use in the operations of a business is listed on the balance sheet as a(n) _______________.
a. current asset, long term asset.
b. long term asset, investment.
c. investment, long-term asset.
d. property, plant, and equipment asset, intangible asset.
e. none of the above
Land acquired so that it can be resold in the future is listed on the balance sheet as a(n) long term asset, but land acquired for use in the operations of a business is listed on the balance sheet as a(n) investment.
What is land held for future use on a balance sheet?On a company's balance sheet, land is categorized as a long-term asset because it normally isn't anticipated to be converted to cash within a year. The asset with the longest life span is thought to be land.
The land is regarded as a non-operating asset until it is utilized. Unallocated cash and marketable securities, loans receivable, idle equipment, and undeveloped land are examples of typical non-operating assets.
On the balance sheet, land is classified as an investment under category b because it can be sold again in the future. Land that is bought with the intention of earning money later on is documented as Land Held for Investment and is kept apart from land held for operations.
Hence, option B is correct.
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due to the market inefficiencies created by , one of the roles of government is to limit their market power or even to eliminate them entirely
Due to the market inefficiencies created by monopolies, one of the roles of government is to limit their market power or even to eliminate them entirely.
How are natural monopolies governed by the government?In most instances of natural monopolies that the government permits, there are regulatory bodies in each area to act as the general public's watchdog. Usually, public commissions or state-run departments of public utilities are in charge of regulating utilities.
Why does the government typically control the costs, output, and caliber of products and services created by natural monopolies?to guarantee lower pricing for customers than would be the case in the absence of regulation. The sole vendor in a market is a pure —-. the variation in a company's total revenue caused by a single unit change in the amount of output produced and sold.
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in general, groups organized on behalf of businesses and industries have more lobbyists and more financial resources than citizen groups.
true, groups organized on behalf of businesses and industries have more lobbyists and more financial resources than citizen groups.
In its original sense, lobbying related to efforts to influence legislators' votes, typically in the lobby outside the legislative chamber. Lobbying is any endeavor by people or private interest organizations to influence government decisions. Any political system will inevitably involve some type of lobbying.
The practice of lobbying, which has drawn particular attention in the US, can take many different forms. Before legislative committees, group representatives may testify. Government representatives may be "buttonholed" in hotels, resorts, or private residences.
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in the event of a crisis, your company should be ready to respond immediately. therefore, having a crisis management plan is an important preparatory step. the ceo and pr director should handle external communication. additionally, your company should appoint a crisis team of five to seven employees who are responsible for executing the crisis management plan. this team will be responsible for implementing the plan and communicating important information internally.
First, there needs to be communication between the CEO and the PR director. They must rely on the crisis team because they will be in charge of carrying out the plan at that point.
A disruptive and unforeseen occurrence that poses a risk to an organization or its stakeholders must be handled through the crisis management process. The 1980s saw numerous large-scale industrial and environmental disasters, which gave rise to the subject of crisis management.
A crisis management team's job is to reduce tension. When a crisis is anticipated and resolution plans are in place, a crisis management team is effective. Employees and shareholders should be informed of the problem as soon as possible by the crisis management team.
First, a plan is required. Communication between the CEO and the PR director is necessary first. The crisis team will then be in charge of carrying out the plan, therefore they must rely on them. Communication between the two sides is necessary.
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specialty insurers such as those offering surety bonds, aviation insurance, and livestock mortality insurance usually
Specialty insurers that provide livestock mortality insurance, surety bonds, and aviation insurance typically centralize the underwriting process.
What tasks are carried out by underwriters?The degree of business risk for insurers is evaluated by underwriters. By appropriately valuing investment risk, underwriting contributes to the establishment of suitable premiums, the creation of a market for securities, and the setting of reasonable borrowing rates for loans. Insurance underwriters assess the risks associated with insuring individuals and assets and determine a risk's price.
Who is a part of the underwriting process?Your lender must first confirm the details of your income, assets, debt, and property in order to grant you the loan. Underwriting is the name given to this process. The level of risk that a lender will tolerate if they decide to provide you a loan is determined by an underwriter, a financial expert who evaluates your financial condition.
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The following data represent the means for each treatment condition in a two-factor experiment. What pattern of results is shown in the data?
A1 A2
B1 M = 20 M = 20
B2 M = 30 M = 50
Given the following data depicts the means for each treatment condition in a two-factor experiment, the pattern shown is that the main effects for both factors and interaction.
What is an interaction in a two-factor experiment?If the average change in reaction across all levels of one component is not the same at all levels of the other factor, we say the factors interact.
A two-factor factorial design is an exploratory study that collects data for all potential values of the two factors of interest. A balanced two-factor factorial design is achieved by using equal sample sizes for each of the potential factor combinations.
Put differently, a two-factor statistical technique is an experimental design that collects data for all potential values of the two factors of interest. The design is a balanced two-factor factorial design if equal sample sizes are used for each of the possible factor combinations.
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of the following, which one is the most positive feature of whole life insurance for a person who wants a more structured way to save?
The best aspect of whole life insurance for someone looking for a more organized way to save is that it grows cash value.
What does a life insurance cash value mean?Everlasting life insurance policies frequently incorporate a savings feature called cash value. The cash value might increase over time at either a flexible interest rate, depending on your specific policy. Through a life insurance loan, you can take out a loan against the cash value of your policy.
How quickly does cash value in life insurance grow?Usually, it takes two to five years for a life insurance policy's cash value to begin to increase. Once it has grown, you can typically access it in accordance with the terms of the policy. You can only get the cash value of your coverage while you're still alive.
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Which of the following is NOT protected by copyright?
A)Trade secrets
B)Photographs
C)Written music
D)Newspapers
Newspapers released prior to 1927 are exempt from copyright and are deemed to be in the "public domain." Hence option D is correct .
What is Copyright ?A copyright is a sort of intellectual property that, typically for a certain period of time, grants its owner the sole authority to reproduce, transmit, adapt, exhibit, and perform a creative work.
The creative work could take the form of something musical, artistic, educational, or literary. A creative work's original expression of a concept is what copyright is meant to protect, not the idea itself. A copyright may be susceptible to restrictions based on factors of public interest, such as the fair use doctrine in the US.
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A frequent reason for a stock split is to: _________
The trading environment can be made more liquid and the stock can appear more inexpensive. In a stock split, the number of shares in circulation rises and the price per share falls accordingly, while the market capitalization and value of the company remain constant.
Is it better or worse to split stocks?The majority of the time, stock splits are implemented when a company's stock price has grown to a point where it can be prohibitive for new investors. A split is a sign of growth or the possibility of expansion in the future, and it frequently occurs. A newly split stock's price can also increase if more investors become interested due to the lower nominal share price.
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liam has just set up a network connection for jls tyre's administration and wants to ensure that the ip addresses are functioning correctly with the nic. liam just wants to cross-check that basic internet connection is up and running for the corporation by visiting 's servers. in such a situation, analyze which of the following addresses liam should visit to ensure that the network connection has been successful.
To ensure that IP address is working properly, and network connection has been successful, Liam should check ping 8.8.8.8.
Hardware components on a network are identified by their IP (Internet Protocol) addresses. These devices can interact with one another and exchange data on a network or the internet thanks to the addresses.
A series of numerals are separated by periods to form each address. To uniquely identify each computer, router, and site on the internet, we require billions of IP addresses. Unique numbers will eventually run out, hence an ipv6 system has been created that address this issue. Your machine will also have two IP addresses if it is linked to both the web and the local network. Both a private and public IP address will be assigned to you locally and internet, respectively.
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the estimation of costs is generally most difficult when the ___________ process has been chosen.
The estimation of costs is generally most difficult when the job shop process has been chosen.
What is a job shop process?Generally, Job shops are primarily small manufacturing systems that manage job production, also known as custom/bespoke or semi-custom/bespoke manufacturing processes.
These processes may include batch jobs or client orders ranging from small to medium in size. Job shops are also known as batch shops. Work shops often move on to various projects after one job is done before beginning another.
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Insurers sometimes grant underwriting authority to producers. This authority is usually granted based on all of the following, EXCEPT:_____.
A. Location
B. Experience
C. Contractual arrangements
D. Profitability
Option (a), Producers occasionally receive underwriting approval from insurers. The standard criteria for granting this permission are all of the following, except location.
What standards are usually used for underwriting?Underwriting standards, which are established by banks and other lending organizations, are used to evaluate a borrower's creditworthiness (i.e. a loan). Underwriting criteria have a role in determining how much debt should be issued, as well as its terms and interest rates. These rules help to protect banks by limiting risk and losses to a reasonable level.
What exactly is underwriting in life insurance?Underwriting is the process of assessing a life insurance application to determine whether or not a policy should be approved, depending on the risk profile of the applicant.
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Why can the fed control the real interest rate in the short run but not in the long run?.
Prices are sticky in the near term and it takes inflation into account. Therefore, the real interest rate fluctuates in the same way as the nominal interest rate whenever the Fed's monetary policy is altered.
Does the Fed have any immediate influence over the actual interest rate?Only if the Fed uses different policy measures from what the public perceives it is doing can real interest rates be sensibly expected to rise by the Fed. In other words, even if the public is aware of the Fed's stance on a certain day, real rates won't change that day.
Do long-term interest rates have any impact from the Fed?The management of long-term interest rates is not done by central banks. Market variables (supply and demand) that also have an impact on long-term interest rates determine the values of long-term bonds.
How does the real interest rate on short-term loans fluctuate?The interest rate actually drops if we increase the money supply in the near term while the price level and predicted inflation remain stable. Therefore, a boost in the money supply could result in a short-term decrease in interest rates.
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When comparing the interest rates for U.S. government securities, which of the following is correct?A. Treasury bonds < Treasury bills < Treasury notesB. Treasury bills < Treasury notes < Treasury bondsC. Treasury notes < Treasury bills < Treasury bondsD. Treasury bills < Treasury bonds < Treasury notesE. Treasury bonds < Treasury notes < Treasury bills
Treasury bonds < Treasury notes < Treasury bills is the comparing the interest rates for U.S. government securities. Thus, option (a) is correct.
What are interest rates?Interest rates are the fees associated with pricey borrowing of money. The sum represents a percentage. The interest rates was the basis on the annual percentage rate basis.
The interest rates for U.S. government securities include treasury bonds, treasury notes, and treasury bills. There was a difference in the due date dates and the payment methods. Fixed-income certificates issued by the government that are rated safe and secure.
Therefore, option (a) is correct.
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during the baroque period in england _____________ was considered brittan’s greatest architect.
During the baroque period in England Gian Lorenzo Bernini was considered Britain’s greatest architect.
What is architecture?Architecture is referred to as an innovative technique or artwork based on building or physical structures that aims at creating cultural values for upcoming generations to understand the importance of history.
One of the most important Baroque architects was Gian Lorenzo Bernini. His name would become associated with the development of dramatic settings that sought to generate strong emotions as the Rome-based aesthetic spread throughout Europe.
The excellent structural compositions of Bernini are also well recognized. St. Peter's gallery was the location of his most imposing design.
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Qu Previous Question 3 A company's strategy is most accurately defined as; a.the competitive maneuvers and business approaches that a company is using to maximize its profitability and increase the wealth of its shareholders. b.managemeht's game plan for being highly profitable and having the biggest market s c.the choices management has made in trying to execute its customer value proposition and d.the combination of competitive business approaches management is employing to increase Qu any company in the industry. O Qu its profit proposition. revenues, reduce costs, and earn attractive profits. e.management's commitment to pursue a particular set of actions in attracting and pleasing Qu customers, competing successfully, capitalizing on opportunities to grow the business, ao responding to changing market conditions, conducting operations, and achieving the targeted financial and market performance. Answ
A company's strategy is most accurately defined as Management's commitment to pursue a particular set of actions in attracting and pleasing Qu customers, competing successfully, capitalizing on opportunities to grow the business. Hence, option E is correct.
What is the company's strategy?A company's plans for how it will act and make decisions in order to accomplish its goals and objectives are outlined in its business strategy. A business plan outlines the steps the organization must take to accomplish its objectives, which can help direct decisions on resource allocation and recruiting.
A plan outlining how a corporation will accomplish its objectives is known as a business strategy. Although there are many distinct business strategies, cost leadership, differentiation, and focus are a few typical examples.
Thus, option E is correct.
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Poka Yoke uses a number of devices to mistake-proof a process. Which of the following would NOT be included?A)Fixture templatesB)Electric relaysC)Self-check inspectionsD)Buzzer or light signals
Electric relays a number of devices to mistake-proof a process. the following would not be included.
What are the devices?A device is a complete piece of natural science hardware that is used to compute or support computer mathematical functions within a larger system. Some devices, such as peripheral devices, are subsidiary in nature and can provide input, output, or both to a computer.
Relays are electrically powered switches that operate by receiving electrical signals from other sources to open and close circuits. By turning the switch on and off, they receive an electrical signal and transmit it to other pieces of equipment.
Therefore, Thus, option (B) is correct.
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7) Choose the best answer.
John is an ice cream shop owner specializing in selling various kinds of soft-served ice cream. One day, John decides to poll several customers to see what kind of ice cream they prefer to eat and soon discovers that most would actually prefer hand-dipped ice cream. He decides to begin offering hand-dipped ice cream, realizing that he can charge more for it, and thus make more profit. This scenario is an example of what economic principle?
the law of economic gain
the law of supply
people respond to incentives
the law of demand
people respond to markets
The economic principle that has been reflected here would be the the law of economic gain. Option A
What is the law of economic gain?The term "economic principle" refers to a broad range of economic rules and ideas that define or explain how an economy works to meet the limitless demand in the market while having a restricted amount of resources at its disposal.
Numerous things influence economic growth. Respect for the law and the preservation of property rank among these issues in importance. John has gone ahead to discover the type of ice cream his customers prefer.
The laws of supply and demand are the foundational principles of economics. In fact, the combination of these two rules produces practically every economic occurrence or phenomena.
People must make trade-offs.What you give up to obtain anything is what it costs.Individuals respond to incentives; rational people think on the periphery.Read more on economic principles here: https://brainly.com/question/3441298
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