Strictly complying with existing laws does not guarantee that a company will fulfill all of its business ethics obligations.
What is business ethics?A subfield of ethics known as "business ethics" focuses on the moral standards and ideals that guide people and organizations in the business environment. It is concerned with how organizations interact with stakeholders, such as clients, staff, shareholders, suppliers, and the general public, as well as how they make decisions that have an impact on these parties.
Honesty, fairness, responsibility, openness, and respect for human rights are a few universal moral values that serve as the cornerstone of corporate ethics. These guiding principles assist firms in reaching morally and legally sound judgments.
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A company introduces a new product at low pricing to help capture a large market share early this is called
A company introduces a new product at low pricing to help capture a large market share early this is called price skimming.
When a new type of product enters the market, price skimming is often used then. The goal here is to gather as much revenue as possible while the consumer demand is high and competition has not entered the market.
So once these goals are met, the original product creator will mostly lower prices in order to attract more cost-conscious buyers while remaining competitive toward any lower-cost similar items entering the market.
Hence, firms often use price skimming in order to recover the cost of development.
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Question 10 of 10
What is one of the main benefits of using slide transitions?
Answer:
they have a timer function that can help your presentation stay on pace.
corning, inc. transforms a blend of materials to create optical fiber capable of carrying much of the telephone traffic in the united states on a single strand. it is an example of an organizational buyer in which market?
A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.
Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials. They operate in the B2B sector, and the goods they produce will be used extensively throughout the US. In contrast to the B2C industry, where we deal with individual clients, the B2B market is completely different. However, the industrial market is where we deal with the commercial sector, where people use the product to create their own goods. A commercial area. Operating in the industrial sector, Corning, Inc. produces optical fibre that can carry a significant portion of the phone traffic in the US on a single strand using a complex mixture of materials.
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(04.04 MC)
Which explains a method to avoid violation of personal information
through phishing?
A.Do not carry around your Social Security card.
B.Keep photocopies of each side of your credit card in a secure place at
home.
C.Never give out credit information to someone who calls you or emails
you.
D.Shred personal mail and documents before throwing away.
Answer:
C
Explanation:
Phishing is done online
A way in which avoiding a violation of personal information through phishing can be done is by not giving the credit card information to someone asks such details over call and emails. Hence, option C holds true.
What is phishing?Phishing is a method used by illegal hackers or scammers in order to get access to people's personal information. Usually, phishing is done for monetary benefits and computer networks.
Phishing is done online, and for getting access to personal information. Thus, it will be advisable to not share the information related to credit card over calls and emails to anyone.
Hence, option C holds true regarding phishing.
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Which of the following is true regarding a business process walkthrough? I. A walkthrough of the IT systems is performed separately. II. The walkthrough may happen over multiple meetings. III. Appropriate team members and entity personnel attend. IV. The engagement team may rely on the work of others to understand the business process. I and II I and IV II and III III and IV
The statement that is true regarding a business process walkthrough is: II and III.
II is true because a walkthrough may happen over multiple meetings in order to fully understand the business process.
III is true because appropriate team members and entity personnel attend the walkthrough to provide an overview of the business process.
I is false because a walkthrough of the IT systems is typically performed as part of the overall walkthrough of the business process.
IV is also false because the engagement team should perform their own work to fully understand the business process, rather than relying on the work of others.
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Which of the following can be calculated? i. future value of an ordinary annuity ii. future value of a perpetuity iii. present value of a perpetuity iv. present value of an annuity due
i. future value of an ordinary annuity iii. gift value of a perpetuity iv. present value of an annuity due can be calculated.
The formula for the destiny cost of a normal annuity is F = P * ([1 + I]^N - 1 )/I, in which P is the payment quantity. It is equal to the hobby (bargain) fee. N is the variety of payments (the “^” approach N is an exponent). F is the future cost of the annuity.
A regular annuity is a series of everyday payments made at the give up of every period, which includes monthly or quarterly. In an annuity due, through assessment, bills are made at the start of every period. regular quarterly stock dividends are one example of an ordinary annuity monthly hire is an instance of an annuity due.
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Below the six principles you will find 12 scenarios where the principle is demonstrated. Cut and paste the scenarios below the correct principle. Each principle will have two scenarios.
Scenario Principles being violated
1. Sally's grandmother invested $50,000 in Sally's business. Grandma is furious because the business has been operating for two years and has yet to provide financial statements. Grandma wants to know how her investment is performing. (Do not use Full Disclosure) periodocity
2. In December 2017, Ellis Landscaping accepted $20,000 for a landscaping project to be completed in January 2018. Ellis recognized the revenue and profit from this transaction in 2017. Revenue Recognition Principle
Scenario 1 violates the principle of periodicity as financial statements are not provided regularly. Scenario 2 violates the revenue recognition principle as revenue is recognized before the completion of the landscaping project.
Scenario 1 The principle of periodicity states that financial statements should be prepared and presented at regular intervals, usually annually, to provide timely and relevant information to users. In the given scenario, Sally's business has been operating for two years, but financial statements have not been provided to Grandma, who invested $50,000 in the business. This violates the principle of periodicity as financial statements should be prepared and shared with stakeholders on a regular basis to keep them informed about the performance of the business.
Scenario 2 The revenue recognition principle states that revenue should be recognized when it is earned and can be reliably measured. In the given scenario, Ellis Landscaping accepted $20,000 for a landscaping project to be completed in January 2018. However, Ellis recognized the revenue and profit from this transaction in 2017. This violates the revenue recognition principle as revenue should be recognized in the period in which the performance obligation is satisfied, which in this case would be in January 2018 when the landscaping project is completed.
In summary, Scenario 1 violates the principle of periodicity as financial statements are not provided to Grandma on a regular basis, and Scenario 2 violates the revenue recognition principle as revenue is recognized before the performance obligation is satisfied.
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31)Private property and competition between businesses are common in
economies that are
(Help me plss)
A)socialist
B)communist
C)capitalist
Answer:
C)capitalist
Explanation:
Market economies and mixed economies can be described as capitalist economies. In capitalist economies, private individuals and firms own the factors of production or capital goods. The private sector produces goods and services consumed in the economy. The motive for producing the goods is the private sector's self-interest or profits.
The free enterprise market is the purest form of a capitalist economy. Capitalist economies contrast with socialists economies where ownership of capital goods is in the government's hands.
the market for public goods such as – are often subject to – . private markets tend to – these goods and services because of the – problem. one solution to this problem is for – to use people’s – dollars to provide for public goods.
The market for public goods such as city parks are often subject to market failure . Private markets tend to undersupply these goods and services because of the free rider problem. One solution to this problem is for government to use people’s tax dollars to provide for public goods.
A public good is a good that consumers cannot be excluded from consuming and it is also non-rivalrous. For example, everyone has access to a city park.
A private good is a good that consumers can be excluded from consuming and it is also a rivalled good. For example, a private good is a pair of jeans. You would have to pay for the jeans and once you buy the jeans another person cannot buy the jeans.
Market failure occurs when the market is unable to efficiently distribute goods and services to consumers. The free rider problem is a type of market failure. It is when consumer enjoy the benefits of a public good but do not pay for these products.
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Admire County Bank agrees to lend Bramble Brick Company $598000 on January 1. Bramble Brick Company signs a $598000, 7%, 9-month note. What is the adjusting entry required if Bramble Brick Company prepares financial statements on June 30
The adjusting entry required if Bramble Brick Company prepares financial statements on June 30 is $20,950.
The interest on the note is calculated as:
$598,000 x 7% x 9/12 = $31,425
As of June 30, the company has held the note for 6 months (half of 9 months). Therefore, the interest expense that has accrued but has not yet been paid is:
$31,425 x 6/9 = $20,950
The adjusting entry to record the accrued interest expense is:
Interest Expense $20,950
Interest Payable $20,950
This entry increases the interest expense and the interest payable accounts. The interest payable account represents the amount of interest that has accrued but has not yet been paid, while the interest expense account represents the cost of borrowing money.
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a typical expansion in the business cycle is detected by * 10 points a. falling unemployment rates and falling inflation rates. b. rising inflation rates and falling aggregate output. c. falling unemployment rates and rising aggregate output. d. falling inflation rates and rising unemployment rates. e. rising employment rates and falling aggregate output
The correct option is : option c, falling unemployment rates and rising aggregate output, is the most accurate choice for detecting a typical expansion in the business cycle.
A typical expansion in the business cycle is detected by falling unemployment rates and rising aggregate output.
During an expansion phase, the economy experiences growth and increased economic activity. This is characterized by businesses expanding production, increasing employment, and higher consumer spending.
Falling unemployment rates indicate that more people are finding jobs, as businesses require more workers to meet the growing demand for goods and services. This is a positive sign, as it means more people are earning incomes and contributing to economic growth.
Rising aggregate output refers to the total value of all goods and services produced in an economy. During an expansion, businesses increase production to meet the rising demand, leading to higher aggregate output. This is a key indicator of economic growth and signifies a healthy expansion phase.
In contrast, rising inflation rates and falling aggregate output are not typical signs of an expansion. Rising inflation rates can erode purchasing power and reduce consumer spending, while falling aggregate output indicates a slowdown in economic activity.
Therefore, option c, falling unemployment rates and rising aggregate output, is the most accurate choice for detecting a typical expansion in the business cycle.
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A typical expansion in the business cycle is detected by falling unemployment rates and rising aggregate output. This means that during an expansion, more people are finding jobs and the overall level of economic output is increasing.
Explanation stepwise:
1. Falling unemployment rates: During an expansion, the demand for goods and services increases, leading to more job opportunities. As businesses grow and expand, they hire more workers, resulting in a decrease in unemployment rates.
2. Rising aggregate output: An expansion in the business cycle is characterized by an increase in the overall level of economic output. This is because businesses are producing more goods and services to meet the growing demand in the economy.
Example: Let's say there is an expansion in the economy. As a result, companies are expanding their operations and opening new branches. This creates job opportunities for people who were previously unemployed. Additionally, businesses are producing more goods and services to meet the increasing demand, resulting in higher aggregate output.
A typical expansion in the business cycle is detected by falling unemployment rates and rising aggregate output. During an expansion, more people find jobs as businesses grow, leading to a decrease in unemployment rates. Additionally, the overall level of economic output increases as businesses produce more goods and services to meet the growing demand.
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a former spouse is treated as being in the same family as the individual to whom he or she was married for purposes of determining the number of s corporation shareholders.
As an AI language model, I can provide information based on general knowledge up until September 2021.
However, I don't have specific information on recent legal changes or updates. Therefore, it's essential to consult an attorney or tax professional for the most accurate and up-to-date advice regarding specific legal or tax matters.
That being said, as of my last knowledge update, the treatment of a former spouse for determining the number of S corporation shareholders may depend on the specific regulations and laws of the jurisdiction in question. In general, for federal tax purposes in the United States, an S corporation is limited to having no more than 100 shareholders, and there are specific rules regarding who can be counted as a shareholder.
According to the Internal Revenue Code (IRC) Section 1361, a person's spouse is treated as a shareholder if they own stock in the S corporation. However, a former spouse who is no longer married to the shareholder may not be considered a shareholder unless they continue to hold stock in the S corporation.
It's important to note that laws and regulations can vary, and there may be specific provisions in different jurisdictions that could impact the treatment of former spouses in determining the number of S corporation shareholders. Therefore, it's always advisable to consult a legal or tax professional familiar with the laws and regulations applicable to your specific situation for accurate and up-to-date guidance.
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What are 20 things to do at home when I have nothing to do and have done all my online school?
Rafael is the accounts receivable clerk for a large company. On many occasions, customers come personally to the company to pay their accounts in cash. Rafael would sometimes borrow cash from the money he collected from customers for his own use with the intention of paying it back when he gets paid at the end of the week. Answer the questions below:
Answer:
The internal controls of the company are weak.
Explanation:
Rafael is borrowing cash from the money that he collects from customers on behalf of the company. He borrows the money and intends to pay back later to the company without informing anyone. This is weakness of internal control in the company system as there is no one who can check back whether Rafael has paid back money that he borrowed or not.
A(n) __ can administer self-assessment tools to help you understand your personality and preferences .
A TV has a listed price of $881.98 before tax. If the sales tax rate is 7.5%, find the total cost of the TV with sales tax induded. Round your answer to the nearest cent, as necessary.
The total cost of the TV with sales tax included is $949.63. To calculate this, we multiply the listed price by 1 plus the sales tax rate (1 + 0.075) to get the total cost.
To find the total cost with sales tax included, we add the sales tax amount to the listed price. The sales tax rate is 7.5%, which is equivalent to 0.075 as a decimal. To calculate the sales tax amount, we multiply the listed price ($881.98) by the sales tax rate (0.075) to get $66.15. Finally, we add the sales tax amount to the listed price: $881.98 + $66.15 = $948.13. Rounding this to the nearest cent, the total cost is $949.63.
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dia wants to improve her ____. her creative writing teacher suggest that she read genres of books that she usually finds dull
Answer:
well if it's dull books, shouldn't it be vocabulary. if it were concentrated she would be bored and her mind would wander elsewhere. but if it were vocabulary she would still find it dull. As if it were a dictionary, nobody wants to spend 5 hours reading every word in the dictionary
Answer:
concentration
Explanation:
got it right
1. Which of the following should receive communication during
the planning phase of the project?
A. Collaboration site
B. Change control board
C. Subject matter experts
D. Sponsor
E. Human resources
(
During the planning phase of a project, communication should be directed towards the collaboration site, change control board, subject matter experts, sponsor, and human resources.
The planning phase of a project is a critical stage where important decisions are made regarding project scope, timeline, resources, and strategies. Effective communication plays a crucial role in ensuring that all relevant stakeholders are involved and informed throughout this phase.
Collaboration site: A collaboration site serves as a central platform for team members to communicate, share documents, and collaborate on project-related activities. Communication on the collaboration site helps in coordinating efforts, tracking progress, and sharing important project information.
Change control board: During the planning phase, it is important to establish a change control board that is responsible for reviewing and approving any proposed changes to the project scope, schedule, or resources. Communication with the change control board ensures that any potential changes are assessed and addressed appropriately.
Subject matter experts: Subject matter experts possess specialized knowledge and expertise in specific areas relevant to the project. Involving them during the planning phase allows for their input and insights, ensuring that the project plan is well-informed and optimized.
Sponsor: The sponsor is the individual or group that provides the necessary resources and support for the project. Communication with the sponsor during the planning phase helps in aligning project goals, confirming budget and resource allocations, and obtaining necessary approvals.
Human resources: Communication with the human resources department is essential to address staffing needs, identify required skill sets, and ensure that the right personnel are assigned to the project. This helps in resource planning and allocation during the planning phase.
In summary, effective communication during the planning phase should include collaboration site updates, engagement with the change control board, involvement of subject matter experts, communication with the sponsor, and coordination with the human resources department. This ensures that all relevant stakeholders are informed and involved in the project's planning and sets a solid foundation for successful project execution.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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disadvantages for the business for allowing debtors to buy on credit
Answer:
they can be expensive
Explanation:
limits can be low
why is
Benefits and goals of the practice
Improvement of patient care increases efficiency,
reduces cost, and improves communication is going to be beneficial
to a practice.
The goals of practice improvement are to improve patient care quality, enhance the patient experience, and reduce healthcare costs. Improved care quality leads to better health outcomes, while enhanced patient experience improves satisfaction and trust. Reducing healthcare costs helps practices remain competitive and profitable, while improving access to care for patients
Benefits and goals of the practice
The practice of improving patient care not only promotes the quality of care, but also increases efficiency and reduces costs. Good communication with patients, families, and other providers is an essential component of quality care.
Improvement of patient care increases efficiency, reduces cost, and improves communication, which is going to be beneficial to a practice.
The benefits of practice improvements include improved care quality, enhanced patient experience, improved healthcare delivery, and streamlined processes.
Increasing efficiency in the practice has a number of benefits. Patients are served more quickly, wait times are reduced, and appointment availability is increased. This improves patient satisfaction and reduces the chance of missed appointments and cancellations.
Additionally, reducing cost is an important goal of practice improvement. By streamlining processes and reducing waste, practices can save money and improve profitability. The practice improvement also helps to improve communication among healthcare providers and patients.
Patients who feel heard and valued are more likely to trust their providers and follow their treatment plans. Good communication also leads to better collaboration among healthcare providers, resulting in improved care quality and better health outcomes.
The goals of practice improvement are to improve patient care quality, enhance the patient experience, and reduce healthcare costs. Improved care quality leads to better health outcomes, while enhanced patient experience improves satisfaction and trust.
Reducing healthcare costs helps practices remain competitive and profitable, while improving access to care for patients.
Thus, the improvement of patient care increases efficiency, reduces cost, and improves communication, which is going to be beneficial to a practice.
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Anthony has a college savings account with $8,657 in it. He has $347 in his checking account.
He currently has $45 in his wallet in cash, but he owes Yenny $186 for a personal loan that she
gave him. Anthony owns a limited edition pair of Jordan's that are worth $4,500. What is
Anthony's net worth?
assets? value? liabilities? amount?
Answer:
$13,363
Explanation:
Net-worth is the difference between an individual's assets and liabilities. In other words, net-worth is equal to assets - liabilities.
Anthony's assets
College savings account $8,657
checking account $347
Cash $45
Pair of Jordan's $4500
Total assets $13,549
His liabilities
A personal loan from Yenny $186
Net-worth = $13,549- $186
=$13,363
timberly construction makes a lump-sum purchase of several assets on january 1 at a total cash price of $900,000. the estimated market values of the purchased assets are building, $508,800; land, $297,600; land improvements, $28,800; and four vehicles, $124,800. required: 1-a. allocate the lump-sum purchase price to the separate assets purchased. 1-b. prepare the journal entry to record the purchase. 2. compute the first-year depreciation expense on the building using the straight-line method, assuming a 15-year life and a $27,000 salvage value. 3. compute the first-year depreciation expense on the land improvements assuming a five-year life and double-declining-balance depreciation.
Depreciation expense on buildings $30,000
Depreciation = Purchase value - salvage value/estimated useful life
Depreciation = $477,000 - $27,000/15
Depreciation = $30,000
Depreciation expense on land improvements $10,800
Depreciation rate = 100%/ 5 year = 20%
Depreciation rate = 2 × 20% = 40%
Depreciation = $27,000 ×40%
Depreciation =$10,800
In accountancy, depreciation is a time period that refers to two components of the same idea: first, the actual decrease of the truthful price of an asset, which includes the lower in value of the manufacturing facility device each year as it is used and wears, and second, the allocation in accounting statements of the unique price of the belongings to intervals wherein the belongings are used (depreciation with the matching precept). Depreciation is, therefore, the lower in the value of assets and the method used to reallocate, or "write down" the price of a tangible asset (which includes a device) over its useful life span. Groups depreciate long-time period assets for both accounting and tax purposes.
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kate lives in dallas and loves to eat desserts. she spends her entire weekly allowance on yogurt and pie. a bowl of yogurt is priced at $1.25, and a piece of apple pie is priced at $5.00. at her current consumption point, kate's marginal rate of substitution (mrs) of yogurt for pie is 5. this means that kate is willing to trade five bowls of yogurt per week for one piece of pie per week.
Kate's willingness to trade 5 bowls of yogurt for 1 piece of pie indicates that she values the pie more than the yogurt. As long as the price ratio remains at or below 0.25, Kate will continue to make this trade-off. The MRS provides insights into Kate's preferences and helps us understand her decision-making in allocating her weekly allowance between yogurt and pie.
The marginal rate of substitution (MRS) measures the rate at which a consumer is willing to trade one good for another while maintaining the same level of satisfaction or utility. In this case, Kate's MRS of yogurt for pie is 5, which means she is willing to give up 5 bowls of yogurt to obtain 1 piece of pie.
To calculate the MRS, we compare the price ratio of the two goods with the ratio of their marginal utilities. Since the price of yogurt is $1.25 and the price of pie is $5.00, the price ratio is 1.25/5 = 0.25.
Given that Kate's MRS is 5, it implies that she is willing to give up 5 bowls of yogurt for 1 piece of pie, which translates to a ratio of 5/1 = 5.
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china has surpassed the united states in exporting information-technology goods, such as laptop computers, mobile phones, and digital cameras.
a. true
b. false
China has surpassed the united states in exporting information-technology goods, such as laptop computers, mobile phones, and digital cameras is true.
How do exports and imports differ?Selling products and services to another country from one's own country is known as exporting. Purchasing goods from abroad and bringing them into your own country is referred to as importing.
How do exports affect the economy?Movable goods produced inside the borders of one country and exported to another are considered exports. The sale of these products generates revenue in foreign currencies, which helps the nation that produces them grow economically.
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Suppose the market price of chicken wings in a university town recently increased. Economics students studying at the university are discussing potential causes of the price increase. One group of students theorize that the price increased because several wing joints in the area have recently gone out of business. Others claim the increase in the price of chicken wings is because of a recent decrease in the price of beer.
Everyone agrees that the decrease in the price of beer was caused by a recent decrease in the price of hops, which are not generally used in making chicken wings.
The first group of students claim the increase in the price of chicken wings can be attributed to the fact that several wing joints in the area have recently gone out of business.
This may explain the price increase, as the decreased competition in the economics market could lead to an increase in price.
What is economics market?Economics market is an environment where buyers and sellers interact in order to exchange goods and services for money. It is the basis for the study of economics, which is the study of the production, distribution, and consumption of goods and services. Markets can be divided into different types depending on the nature of the product or service being exchanged. The two primary types of markets are the perfect competition market and the imperfect competition market. Perfect competition markets are those in which all buyers and sellers are equal and have access to the same information.
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Identify four economic benefits of hosting a rugby world cup
Answer:
yes ,i think that answer
Which of the following combines a cooktop and oven into one appliance?
Answer:
A freestanding range, great for both large and small kitchens, combines a cooktop and oven into one versatile appliance. Whether you're baking, roasting, boiling or frying, a range lets you do it all.
Businesses are usually interested in promoting growth because it:
A. expands the frontier on their production possibilities curves.
B. weakens productivity for competing businesses.
C. reduces their need to pay a large staff of employees.
D. creates additional marketing value without extra investment.
Answer: A - expands the frontier on their production possibilities curves
Explanation:
It was correct when checked
Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.
What is business growth?An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.
Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.
Hence, option A holds true regarding the business growth.
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Introduction to Career Planning
Introduction to Career Planning Unit Test
10. Which statement most accurately describes what can happen to jobs in a bad economy? (1 point)
More jobs become available as goods and services become more expensive.
More jobs become available as goods and services become less expensive.
Fewer jobs become available as goods and services become more expensive.
Fewer jobs become available as goods and services become less expensive.
Answer:
Fewer jobs become available as goods and services become more expensive.