Answers
Answer:
Congress creates administrative agencies through enabling acts. In these acts, Congress must delegate authority by giving the agency some direction as to what it wants the agency to do. Agencies are usually given broad powers to investigate, set standards (promulgating regulations), and enforce those standards.
Related Questions
Eric is adding three more slides to his PowerPoint presentation. He knows he wants one of them to have only a large text box, the second one to have two images with captions, and the third one to have four images with a large title on top.
What series of buttons should Eric press to add each one of these slides?
File tab → New → click the Sample templates symbol File tab → New → click the New Slide symbol Home tab → hold the New Slide arrow → select a layout Home tab → hold the Slide Layout symbol → select a layout
Answers
Answer:
c
Explanation:
on edg
The city of Morehead leased equipment. The life of the noncancellable lease is 10 years. Using an 8 percent interest rate, the present value of the lease payments is $905,861. The first payment of $125,000 is due when the lease begins, January 10, 2017. An additional payment is due on January 10th for each of the next 9 years. Prepare journal entries to record: 1. The long-term lease in the General Fund. 2. The first lease payment on January 10, 2017. 3. The second lease payment on January 10, 2018. Round answers to the nearest whole number.
Answers
Answer:
1. Dr Equipment $ 905,861
Cr Lease Payable $ 905,861
2). Dr Lease Payable $ 125,000
Cr Cash $ 125,000
3) Dr Lease payable $ 115,000
Dr Interest Expense $ 10,000
Cr Cash $ 125,000
Explanation:
1. Preparation of the journal entry for the long-term lease in the General Fund..
Dr Equipment $ 905,861
Cr Lease Payable $ 905,861
2) Preparation of the first lease payment Journal entry on January 10,
Dr Lease Payable $ 125,000
Cr Cash $ 125,000
3) Preparation of the journal entry to second lease payment on January 10, 2018
Dr Lease payable $ 115,000
Dr Interest Expense (125000 x 8%) $ 10,000.00
Cr Cash $ 125,000
hiii can someone pretty pls help me with this :D
Select an industry of your choice. Use online sources to find the most recent data available on the following aspects related to the industry that you select:
-economic indicators
-employment statistics
-top three competitors in the industry, by sales volume
Answers
Employment statistics.
You would need these if you are going to work in a business. After all, an business needs workers!
Procrastination is not usually a cause of stress and anxiety
Answers
Answer: Nahhh it isn't
Explanation: Im just lazy and dont pay attention in class
Hope u have a good day!
Stress and worry, persistent tension, sleep deprivation, as well as issues at work and in relationships, are all negative repercussions of procrastination. You continue to put off what you need to do while being aware that it isn't in your best advantage to do so.
What is Procrastination?Procrastination is the deliberate act of delaying or postponing something even though one is aware that doing so will have negative effects. It is frequently a common human behavior. It is a typical human experience to procrastinate on mundane tasks or even important ones like going to an appointment, turning in a report for work or school, or talking to a partner about a difficult subject.
Although it is frequently seen as a negative trait since it interferes with productivity and is frequently linked to sadness, low self-esteem, shame, and feelings of inadequacy, it can also be seen as a prudent response to specific demands that could have risky or unfavorable results or necessitate waiting for new information to come in.
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Your annual sales are $217,000. The sales are spread evenly over four quarters except that sales in the first quarter are double any other quarter. What are your sales in the first quarter of the year?
Answers
Answer:
86,800
Explanation:
Answer:
it’s 86800
Explanation:
ÇIBIL sCore is not the only credit Score in India.
Answers
In India, there are actually multiple credit scoring systems that are used to evaluate an individual's creditworthiness.
While the CIBIL score is certainly one of the most well-known and widely used credit scores in India, it is not the only credit score that lenders and financial institutions rely on. Other credit bureaus such as Experian, Equifax, and CRIF High Mark also offer credit scores that are used by lenders to assess the creditworthiness of borrowers.
Each credit bureau may use a slightly different methodology to calculate credit scores, which is why it's important for individuals to check their credit scores from all relevant bureaus to get a complete picture of their creditworthiness. Additionally, lenders may have their own internal credit scoring systems that take into account other factors beyond just credit history, such as income and employment status.
Therefore, it's important for individuals to be aware of all the credit scoring systems that are used in India and to regularly monitor their credit scores from multiple sources to ensure they have a comprehensive understanding of their financial standing.
By maintaining a good credit score across multiple credit bureaus, individuals can increase their chances of being approved for loans, credit cards, and other financial products with favorable terms and interest rates.
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Explain how opportunity cost is different for economic goods and free goods
Answers
Answer:
The difference is that free goods have exactly zero opportunity cost, because they cost nothing, their price is zero, and their use is non rival, and non excludable, meaning that if a person uses a free good, that person does not prevent any other person from using the good.
Economic goods, on the other hand, are goods that have a price, and that have a cost of production. Besides they are rival and/or exclusionary. The opportunity cost of an economic good varies depending on the good, but it is never zero.
Help! Will give brainliest to the first correct answer!
Answers
Answer:
1. Four years college degree
2. An on job training experience
3. an endorsement from a professional, nongovernment organization
4. 2 year college degree
5. Earned after masters or bachelors degree
Explanation:
Hope that helps
Forever Inc. is a confectionery company that manufactures candies. It does not use specific strategies to target children when marketing its products. Instead it uses the same strategies to promote its candies among all consumers in the market. In this scenario, Forever uses a(n) _______.
Answers
In the aforementioned illustration, Forever Inc. is said to be employing an undifferentiated targeting approach because it is utilizing the same techniques to market its sweets to all consumers.
What is targeting strategy?A targeting strategy is one adopted by a company or organization with the goal of upselling its products to the market's target audience of its goods and services.
Undifferentiated targeting is the employment of a similar targeting technique to promote products in the market without differentiating between the promotion of the same product to two different audiences.
Hence, option B states about the correct targeting strategy. An image of complete question is added for better reference.
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Johnson & Johnson reputation would lead you to believe that it is operating at ___Level of corporate responsibility
Answers
Answer:
Johnson & Johnson's reputation would lead you to believe that it is operating at level of corporate responsibility. The managers at Johnson & Johnson who authorized the buyback of defective products might have endorsed Milton Friedman's shareholder, or profit- maximizing, view. Which of the following arguments also support Friedman's position? Check all that apply. Organizations must make money to stay in existence. Making money, then, should be the sole focus of an organization's activities. Organizations have the knowledge and resources to do good in the community, so they are responsible for helping others. O Organizations have more power than most underprivileged people, so they are responsible for helping those people get ahead in life. Organizations have one responsibility: to increase the wealth of their stockholders.
Explanation:
Johnson & Johnson reputation would lead you to believe that it is operating at a discretionary level of corporate responsibility.
What is corporate responsibility?Corporate responsibility (CR), also known as corporate social responsibility (CSR) or business sustainability, is concerned with the ethics that guide an organization's activities and how it operates to ensure long-term viability. These two factors are inextricably linked because a business that harms the systems on which it relies will eventually fail.
Discretionary responsibility refers to purely voluntary obligations assumed by a business. It is the responsibility of the company's management to protect the capital investment by engaging in only profitable business ventures that provide a good return on investment. It includes charitable contributions, disaster relief, and a variety of other activities.
Therefore, Johnson & Johnson is believed to be operating at discretionary level of corporate responsibility.
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PLEASE HELP I NEED TO RAISE THIS GRADE
Answers
Answer:
I think it is the last one.
Explanation:
Hope this helped Mark BRAINLEST!!!!
Partly as a response to concerns expressed by environmentally conscious consumers, Unilever has introduced its “sustainable Living Brands” of “greener” products. Through product development, sourcing through a sustainability lens and manufacturing efficiencies, opportunities for innovation have opened up for Unilever.
The ‘greener’ product is an example of Unilever’s corporate level strategy for _______ growth.
Select one:
a.
internal
b.
external
c.
responsive
d.
innovative
Answers
The ‘greener’ product is an example of Unilever’s corporate-level strategy for innovative growth. Thus, option D is correct.
Unilever has launched its "sustainable Living Brands" of "greener" products, in part in response to concerns voiced by environmentally aware consumers.
Prospects for innovation have arisen for Unilever through product creation, sustainable sourcing, and production efficiency. The 'greener' product is an illustration of Unilever's corporate-level approach to creative expansion. Therefore, it can be concluded that option D is correct.
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If you were designing a recreational facility, describe how you would account for safety and risk management address strategies that you have observed in the facility that we have visit the semester
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Designing a recreational facility requires careful consideration of safety and risk management to ensure the well-being of the visitors. By incorporating effective strategies, we can create an environment that promotes enjoyment while minimizing potential hazards.
One of the key strategies I observed during our visit to the facility this semester was the implementation of comprehensive safety protocols. These protocols included visible signage throughout the facility, clearly indicating safety guidelines and emergency procedures. By having such signage prominently displayed, visitors are constantly reminded of the safety measures in place.
Additionally, the facility had a well-trained staff that actively monitored and enforced safety rules. Staff members were easily identifiable through their uniforms or badges, and they were positioned strategically across the facility to provide assistance and respond to any safety concerns promptly.
Another important aspect I noticed was the presence of well-maintained equipment and facilities. Regular inspections and maintenance routines were visibly conducted to ensure that all equipment met safety standards. This proactive approach minimizes the risk of accidents caused by faulty equipment.
To further enhance safety, the facility provided proper training and orientation for visitors. This included mandatory safety briefings or orientations before engaging in activities that involved potential risks. By educating visitors about potential hazards and how to mitigate them, the facility promotes a culture of safety and risk awareness.
In conclusion, designing a recreational facility with safety and risk management in mind involves implementing comprehensive safety protocols, maintaining well-trained staff, ensuring the proper maintenance of equipment, and providing visitor education and orientation. By incorporating these strategies, we can create a recreational facility that prioritizes safety while offering an enjoyable experience for visitors.
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Think about the place where you go for cosmetology services. What keeps you going back to that hair salon, nail salon, or other place of business? Discuss the factors that impact your decision when you are the customer.
Answers
Quality of service and customer experience keep me going back to a cosmetology service provider.
As a customer of a cosmetology service provider, several factors impact my decision to return to a particular business. The most important factor is the quality of service provided. I expect the service provider to deliver excellent results that meet my expectations. Additionally, customer experience is crucial in my decision-making process. A friendly and welcoming atmosphere, attentive staff, and a comfortable environment all contribute to an enjoyable customer experience.
Cleanliness, safety, and adherence to hygiene protocols are also essential considerations. Finally, the price and value for money are critical factors in my decision, and I expect the prices to be competitive and reasonable for the quality of service provided. Overall, a combination of excellent service, enjoyable customer experience, and reasonable prices keep me going back to my preferred cosmetology service provider.
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Determine how the following scenarios affect the firm's cash position. Identify whether the scenario describes a financing, investing, or operating activity (as defined on the Statement of Cash Flows). Scenario Operating Activity Investing Activity Financing Activity Sell a tract of land it has held for years Pay preferred stock dividends Increase accrued liabilities Sell some old equipment Issue shares of common stock Increase inventory holdings Buy property for a future factory Now, indicate which of the scenarios below are expected to increase a company's cash flow. Check all that apply. Increase accrued liabilities Increase inventory holdings Sell some old equipment Issue shares of common stock Pay preferred stock dividends
Answers
Answer:
Scenario Description
Sell a tract of land it has held for years Investing
Pay preferred stock dividends Financing
Increase accrued liabilities Investing
Sell some old equipment Operating
Issue shares of common stock Financing
Increase inventory holdings Operating
Buy property for a future factory Investing
Also, Scenarios that are expected to increase a company’ cash-flow are Issue shares of common stock, Increase accrued liabilities and Sell some old equipment.
Visit any nearby business of your locality and collect the information to prepare a project work report by taking the following information. 1)name and address of the firm. 2)find out whether the journal is maintained or not. 3) following the values of debit and credit. 4)the recording of business transactions in the journal
Answers
It is impossible to visit any nearby business of your locality and collect the information to prepare a project work report based on the factors given
What is a firmA common term for a company or business organization is "firm". A business is an organization involved in diverse economic endeavors, ranging from the production of goods, provision of services to trading of products.
A company usually has defined legal framework, ownership, and administration, with the main aim of earning profits or attaining specific goals. Companies can vary in their scale, spanning from petite regional enterprises to enormous global conglomerates.
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Match each CRM technique with its description
-RFM
-loyalty programs
-clickstream analysis
offers discounts or free items to customers
who keep coming back
calculates a customer's most recent visit,
the frequency of visits, and annual spending
discovers through data mining what customers
have in common to predict behavior
tracks every image, link, or object that
a customer clicks
clustering
Answers
A loyalty program is a type of marketing strategy that aims to keep customers coming back to a business or using its services.
What precisely is RFM examination (recency, recurrence, and money related)?RFM analysis is a marketing strategy that uses a quantitative ranking and grouping of customers based on the recency, frequency, and monetary total of their most recent transactions to identify the best customers and carry out targeted marketing campaigns.
What levels of clickstream investigation are there?Clickstream investigation, which is a kind of Web examination (see a different section), is the following and examination of site visits. Clickstream investigation ordinarily screens and measures site movement by using the Internet server log records, regardless of the way that there are different techniques for gathering this information.
Two levels of clickstream analysis are possible: traffic analysis and an examination of online businesses.
tracks each image, link, or object clicked by a customer- clickstream analysisgives away free or discounted items to repeat customers.- loyalty programsdetermines a customer's most recent visit, the number of visits, and the amount spent annually- RFMuses data mining to discover what customers- clusteringLearn more about RFM analysis: https://brainly.com/question/28537349
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You can hire 0, 1, 2, or 3 workers. If you hire 0, you produce $0 of output. If you hire 1 worker, your revenue (total value product) is $30. If you hire 2 workers, your revenue (total value product) is $50. If you hire 3 workers, your revenue (total value product) is $60.
What is the marginal value product of the 3rd worker?
What is the profit-maximizing number of workers to hire when the wage is $15?
Given your answer to the last question, what is the most profits you can make from hiring?
Answers
When marginal revenue equals marginal cost, or when MR = MC, a fully competitive firm will make the decision that will maximize its profits.
How do you determine how many employees you need to hire?
You should be able to create statistical data related to your industry that enables you to quantitatively determine when hiring new employees is necessary. To make this computation simple, divide your annual revenue by your average annual employee count, then multiply the result by 12 months.
How do you figure out how many workers to hire in order to maximize profit?
The change in your company's total cost (TC) caused by hiring an additional employee is known as the marginal resource cost (MRC): MRC = TC/L. Since you can hire as many employees as you like at the going rate, MRC = Wage. An employer should hire the number of employees at which MRP = MRC in order to maximize profits.
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Savings plans A and B have both durations of 5 calendar years.
Savings plan A pays 5.7% annual interest, paid at the end of each year.
Savings plan B pays 5.4% annual interest, paid on monthly basis (12 times a year).
Which savings plan is preferred?
Answers
Based solely on the interest earned, Savings Plan A would be preferred over Savings Plan B.
To determine which savings plan is preferred, we can compare the total interest earned under each plan over the 5-year duration.
For Savings Plan A, the annual interest rate is 5.7%, and the interest is paid at the end of each year. Therefore, the total interest earned can be calculated using the simple interest formula: Principal x Rate x Time. Assuming a principal of $1,000, the total interest earned would be $1,000 x 0.057 x 5 = $285.
For Savings Plan B, the annual interest rate is 5.4%, and the interest is paid on a monthly basis (12 times a year). This means that the interest is compounded monthly.
Using the compound interest formula: A = P(1 + r/n)^(nt), where A is the final amount, P is the principal, r is the annual interest rate, n is the number of compounding periods per year, and t is the time in years, we can calculate the total interest earned. Assuming a principal of $1,000, the total interest earned would be $1,000 x [(1 + 0.054/12)^(12x5)] - $1,000 = $279.67.
Comparing the total interest earned, we can see that Savings Plan A yields a higher interest amount ($285) compared to Savings Plan B ($279.67).
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Which type of loan is also known as a cash advance loan or a deferred deposit loan?
Answers
Explanation:
A payday loan is a short-term loan, generally for $500 or less, that is typically due on your next payday.
They are also known as cash advance loans, post-dated check loans, check advance loans or deferred deposit loans.
how does different stakeholders impact an upcoming entrepreneurs
Answers
The different stakeholders involved in the success of an upcoming entrepreneur include customers, investors, local communities, government, and suppliers.
Why is it so?Each of these stakeholders has a unique impact on the success of an entrepreneur's venture. Customers provide feedback on the service or product, which can be used to improve the offering. Investors provide the capital needed to start and expand the business. Local communities can provide support, tax incentives, access to resources, and access to customers. Government regulations and policies must be adhered to as well as any relevant laws and regulations. Finally, suppliers provide goods and services needed for production and operations. Without any one of these stakeholders, it would be difficult for an entrepreneur to achieve success.
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lead a particular function or a subunit within a function. *
General Manager
Functional Manager
Front-Line Manager
ОСЕО
Answers
Answer:
Functional managers are accountable to manage people with specific skills and different resources within a department or section to meet functional objectives as well as corporate objectives. ... Sometimes, both functional managers and project managers have to work together to share resources and experience.
Explanation:function manager
Imagine yourself as a relationship management associate within Garage. You are tasked with
obtaining the following targets in 1 month.
● Building relationships with 250 spare part sellers on platform in 2 weeks
● Selling 500,000GHC of parts through part sellers
Details on each target are below
● Building relationships with 250 spare part sellers on platform in 2 weeks: Garage
partners with part sellers for data collection and part sales. As a relationship
management associate, you’re charged with convincing 250 spare part sellers to partner
with Garage as a parts supplier while creating a system to collect sales data from them.
In your write up, talk about where you will go to find these 250 spare part sellers? what
will your pitch to them be? How would you incentivize them to partner with us? How
would you determine which parts to sell through them? What promotions and incentive
programs will you run (Assume you are able to get parts at wholesale prices)
● Selling 500,000GHC of parts through part sellers: Given your approaches for onboarding
250 spare parts sellers, describe how you would ensure this cohort of mechanic shops
and part sellers can sell 500,000GHC worth of parts in a month?
In your written response, be as detailed as possible in describing your strategy and
approach to each of these targets including the specific steps, resources etc. that you
will leverage. Use examples and your own assumptions where necessary.
Answers
To achieve targets, Garage's relationship management associate will find spare part sellers, incentivize them with benefits and promotions, and provide support to ensure sales success.
As a relationship management associate within Garage, achieving the targets of building relationships with 250 spare part sellers on the platform in 2 weeks and selling 500,000GHC worth of parts through part sellers requires a strategic approach. Here's a detailed plan to accomplish these goals:1. Finding Spare Part Sellers: To identify 250 spare part sellers, I will utilize various resources such as online directories, industry associations, and trade shows to identify potential sellers. I will also leverage social media platforms and online forums where spare part sellers gather. Additionally, Garage can collaborate with existing sellers to recommend other reliable sellers.2. Pitch and Incentives: To convince spare part sellers to partner with Garage, my pitch would focus on the benefits they can gain, including access to a larger customer base, improved visibility, and increased sales. Incentives could include offering competitive wholesale prices, attractive payment terms, exclusive promotional offers, and marketing support such as featuring their products on Garage's platform.3. Determining Parts to Sell: To determine which parts to sell through the sellers, I would analyze market demand and trends, conduct surveys and collect feedback from mechanics and customers, and track sales data. This information will help identify popular parts with high demand and optimize inventory management.4. Promotions and Incentive Programs: To drive sales, I would introduce promotions such as discounts on bulk purchases, seasonal offers, loyalty programs, and rewards for achieving sales targets. Incentives like commission-based schemes or bonus structures for sellers who exceed sales targets can motivate them to actively promote and sell Garage's parts.5. Ensuring Sales Targets: To ensure that the cohort of mechanic shops and part sellers can achieve the sales target of 500,000 GHC in a month, I would provide them with sales training and marketing materials to enhance their selling skills. Regular communication and feedback sessions would be conducted to address any challenges they face and provide support where needed. Additionally, analyzing sales data and monitoring progress will help identify underperforming areas and allow for timely adjustments to meet the target.By implementing these strategies and actively supporting the spare part sellers, Garage can establish strong relationships, increase sales volume, and achieve the desired targets in a month.For more questions on promotions
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Which of the following statements is not correct?
multiple choice
When a periodic system is in use, the Purchases account must be credited for its account balance to close this account to the Income Summary account.
When a periodic inventory system is in use, the Merchandise Inventory account is both debited and credited in the closing entry process.
When a periodic system is in use, the Purchases Returns and Allowances, the Purchases Discounts, and the Transportation-In accounts must be debited to close their account balances to the Income Summary account.
When a periodic system is in use, each Purchases, Purchases Return and Allowance, Purchases Discount, and Transportation-In transaction is recorded in a separate temporary account.
Answers
Answer:
When a periodic system is in use, the Purchases Returns and Allowances, the Purchases Discounts, and the Transportation-In accounts must be debited to close their account balances to the Income Summary account.
Explanation:
In the case of the periodic system, the following statements are true:
a. While using this method, the purchase would be credited to its balance also the account would be closed by using the income summary account
b. The inventory would be debited and credited while processing the closing entry
c. Also the purchase, purchase return, etc would be recognized as a distinct temporary account
The____is an independent, quasi-public corporation backed by the full faith and credit of the U.S. government that insures deposits in commercial banks and thrift institutions for up to a ceiling of $250,000 per account.
Answers
The federated deposit investment corporation (FDIC) is an independent, quasi-public corporation backed by the full faith and credit of the U.S. government that insures deposits in commercial banks and thrift institutions for up to a ceiling of $250,000 per account.
The National Credit Union Administration, which oversees and insures credit unions, and the Federal Deposit Protection Corporation (FDIC) are the two organizations that provide deposit insurance to depositors in American depository institutions. The FDIC is a US government-run organization that offers deposit protection to customers of US commercial banks and savings institutions: 15 The Financial Act of 1933, passed during the Great Depression to rebuild confidence in the American banking system, established the FDIC. Before the FDIC was established, more than one-third of banks failed, and bank runs were frequent. The insurance cap was initially set at US$2,500 per ownership category and was raised over time. The FDIC has insured deposits in member banks up to $250,000 per ownership type since the Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in 2010. Since its inception in 1933, no depositor has ever lost a penny of FDIC-insured funds, which are backed by the full faith and credit of the US government.
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The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $8.00 per order, and Stein beer costs $3.20 per case. Orders arrive three days from the time they are placed. Daily holding costs are equal to 5 percent of the cost of the beer. What is the economic order quantity for Stein beer?
Answers
Answer:
20 Cases
Explanation:
Economic order quantity which is also known as (EOQ) can be defined as the order quantity a company or an organisation should tend to purchase or buy in order to minimize their inventory costs.
Example of this inventory costs are:
Holding costs
Shortage costs
Order costs.
Calculation for the economic order quantity for Stein beer will be:
Numbers of cases × Numbers of days
4 cases× 5 days
= 20 cases
Therefore the economic order quantity for Stein beer will be: 20 cases every five days because the Orders often arrived three days from the time they are placed.
A fundamental principle in demand analysis is that a change in price leads to Group of answer choices a shift of the demand curve. a movement along the demand curve. a leftward shift of the demand curve. a complementary movement on the supply curve.
Answers
Answer: a movement along the demand curve.
Explanation:
When the price of a good changes, demand is supposed to react to that by moving along the demand curve because the demand curve is a visual representation of the goods demanded by people at various prices.
For instance, if the price of a normal good increases, the demand will likely decrease and there will be a movement up the demand curve to show that less goods are being demanded. The reverse holds true.
What are the possible limitations of the decision support system in a banking sector with examples and scenarios
Answers
The possible limitations of the Decision Support System(DSS) in a banking sector are:
There are numerous uncertainties surrounding DSS, including Quantifying All the Data is Difficult: A decision support system mostly uses data that can be measured. As a result, it is challenging to interpret ill-defined or immaterial data. In practice, some values are difficult to describe precisely and numerically.
Decision Support System(DSS): A decision support system (DSS) is computer software that an organization or corporation uses to support decisions, judgments, and courses of action. A DSS sorts and examines enormous amounts of data, amassing thorough knowledge that may be applied to problem-solving and decision-making.
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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Answers
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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2. Your firm invested $2,506,900 in 230-day commercial paper today. At the end of the investment period (in 230 days) the firm will receive $2,596,100.
a. What is the 230-day holding period rate of return on the investment?
b. How many 230-day periods are there in one year?
c. What is the annual percentage rate APR earned on the investment? d. What is the effective annual rate (EAR)?
Answers
a. The 230-day holding period rate of return on the investment is 3.66%. This is calculated by subtracting the initial investment ($2,506,900) from the return on the investment ($2,596,100), and then dividing by the initial investment ($2,506,900).
What is initial investment?Initial investment is the amount of money that is required to launch a business or other venture. It is often used to cover the cost of purchasing or leasing equipment, hiring staff, and obtaining materials for production. In addition, it is also used to cover the cost of marketing and advertising, as well as other expenses related to starting a business.
b. There are approximately 1.6 230-day periods in one year. To calculate this, divide 365 (the number of days in one year) by 230 (the number of days in the holding period).
c. The annual percentage rate (APR) earned on the investment is 5.86%. This is calculated by taking the 230-day holding period rate of return (3.66%) and multiplying it by the number of 230-day periods in one year (1.6).
d. The effective annual rate (EAR) for the investment is 6.08%. This is calculated by taking the APR (5.86%) and adjusting it for compounding.
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