Jill should patent her invention, trademark brand name, copyright materials and strict confidentiality. No, Bill and Mariah should not be concerned about trademark infringement, and what type of infringement.
Jill can take the following measures to protect her intellectual property:
1. Patent her invention: Jill can apply for a patent for her computer chip to protect her innovation. This will give her exclusive rights to make, use, and sell her invention for 20 years.
2. Trademark her brand name: Jill can apply for a trademark for the brand name she has coined to protect her brand from being used by others in the same or similar business. This will give her the exclusive right to use the brand name.
3. Copyright her marketing materials: Jill can copyright her marketing materials to prevent others from copying them.
4. Keep her special firmware confidential: Jill can protect her firmware by keeping it confidential. She can make others sign a non-disclosure agreement to protect her firmware.
Bill should be concerned about trademark infringement because he is planning to use the name "McDonald's Burgers," which is similar to the trademark of McDonald's Corporation. This could be considered trademark infringement if the use of the name causes confusion in the minds of customers as to the source of the product.
McDonald's Corporation can claim that Bill's use of the name "McDonald's Burgers" is likely to cause confusion among customers and may seek a court order to stop him from using the name.
Mariah and her siblings should not be concerned about trademark infringement because they are using their family name in their coffee bean business. However, they should be aware of the risk of trademark dilution, which occurs when a famous trademark is used by others in a way that weakens the value of the trademark.
In this case, McDonald's Corporation could claim that the use of the name "McDonald's Beans" dilutes the value of its trademark by creating confusion among customers as to the source of the product.
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Identify common problems related to the eight data quality criteria that may affect each of the 5 data management stages. For each criterion, determine challenges and solutions to data
quality management
Data quality criteria are essential for ensuring accurate and reliable data throughout the data management stages. Here are common problems related to each of the eight data quality criteria and potential challenges and solutions to address them:
Accuracy: Challenges can include data entry errors, inconsistent formats, or outdated information. Solutions involve implementing validation checks, automated data capture, and regular data audits to correct inaccuracies.
Completeness: Issues may arise from missing data fields or incomplete records. Solutions involve setting mandatory fields, data validation rules, and data profiling to identify missing information.
Consistency: Challenges include data discrepancies between different systems or duplicates. Solutions involve establishing data integration processes, data standardization, and deduplication techniques.
Timeliness: Problems can arise from outdated or delayed data updates. Solutions include implementing real-time data capture, automated data feeds, and monitoring mechanisms for data freshness.
Validity: Challenges include data that does not conform to predefined rules or business requirements. Solutions involve implementing data validation rules, business rule enforcement, and exception-handling mechanisms.
Integrity: Issues can arise from unauthorized changes or data tampering. Solutions involve implementing data security measures, access controls, and data encryption techniques.
Relevance: Challenges include irrelevant or outdated data that does not align with business needs. Solutions involve regular data profiling, data cleansing, and establishing data governance policies.
Uniqueness: Problems may occur due to duplicate or inconsistent data entries. Solutions involve implementing data deduplication techniques, unique identifiers, and data cleansing processes.
Addressing these challenges requires a combination of technological solutions, process improvements, and data governance practices to ensure data quality is maintained throughout the data management stages.
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4. An entrepreneur makes a part used in the auto industry that he sells for $2.65 each Yearly sales of
this part have been 20,400 a year for the last three years. The customer has cut production and has
reduced its purchase of these parts by 35 percent. How much yearly revenue will the entrepreneur
lose as a result?
Answer:
$18,921
Explanation:
The price per part is $2.65.
yearly sales have been 20,400 units.
Production has been cut by 35%; the entrepreneur will sell less than 20,400 units.
new sales volume will 20,400- (35% of 20,400)
=20,400 units- 7,140 units
=13, 260 units
Sales will decrease by 7,140 units. in Monetary value, the reduction will be
=7140units x $2.65
=$18,921
Revenue lost = $18,921
It is 1 July 2022 . Fansifist Sdn Bhd manufactures and sells a variety of food for
dogs and cats. Your firm, Kiran & Co Chartered Accountants, has audited the
company for a number of years. You are about to commence the final audit for
the year ended 31 March 2022 and the draft financial statements show profit
before tax of RM23.1m and total assets of RM99.2m.
Fansifist Sdn Bhd launched a new brand of grain free dog food, Polobalancing
Dog, in December 20X4 but sales have been lower than expected and the
directors are considering a discounted sales price. Polobalancing Dog products
are valued using standard costing method and the standard cost comprises raw
materials, labour costs and production overheads. As at 31 March 2022 ,
Polobalancing Dog products with a standard cost of RM2.4m were included as
finished goods in inventory.
One of Fansifist's major customers, Petcare Sdn Bhd , operates a chain of pet
stores with 23 stores across the country.
There have been reports in the press for several months that Petcare Sdn Bhd 's
sales and profits have been falling and, in March 2022 , Petcare Sdn Bhd
announced that 11 of its stores were to close in May 2022 . As at 31 March 2022
, Fansifist Co's trade receivables included RM2.6m outstanding from Petcare
Sdn Bhd and no allowance has been included for this balance at the year end.
On 25 February 2022 , it was discovered that a batch of canned cat food had
been contaminated with insecticide, which could be harmful to cats. This batch
had been dispatched in November 20X4 to 247 retail stores. By 31 March 2022 ,
Fansifist Sdn Bhd had received legal claims totalling RM1.9m from consumers
whose cats had eaten the contaminated food.
Describe any 3 (three) substantive procedures the auditor should perform to obtain sufficient and appropriate audit evidence in relation to the legal claims following the contamination.
The auditor should ensure that the claims have been recorded and disclosed accurately and completely in the financial statements.
The three substantive procedures the auditor should perform to obtain sufficient and appropriate audit evidence in relation to the legal claims following the contamination are as follows:1. Confirmation with the legal counsel: The auditor should contact Fansifist Sdn Bhd’s legal counsel to receive a detailed report on the nature of the legal claims filed by consumers whose cats have consumed the contaminated food. The auditor should confirm the likelihood of the liability resulting from the legal claims, the probability of the court’s decision, and the estimated amount of the liability.
2. Scrutiny of legal invoices: The auditor should examine the legal invoices received by Fansifist Sdn Bhd from the legal counsel hired to handle the legal claims. The auditor should determine if the legal expenses are reasonable in nature and there are no expenses which have been misclassified.3. Analytical review: The auditor should analyze the legal claims based on their nature and extent. The auditor should compare the legal claims to prior years to determine if the nature and amount of the legal claims are in line with prior years. Furthermore, the auditor should ensure that the claims have been recorded and disclosed accurately and completely in the financial statements.
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according to keynes, the level of economic activity is predominantly determined by the level of
Answer:
Aggregate demand
Explanation:
I hope this helps.
if people decide to hold more of their wealth as currency in their wallets and less as deposits in transactions accounts, the ability of banks to create new money
If people decide to hold more of their wealth as currency in their wallets and less as deposits in transactions accounts, the ability of banks to create new money decreases.
When individuals hold a larger portion of their wealth as currency, it reduces the amount of money available for banks to use for lending and creating new loans. Banks rely on deposits from individuals to have funds to lend out to borrowers, which in turn creates new money through the process of fractional reserve banking.
When people choose to hold more currency, it reduces the amount of money available for banks to lend, limiting their ability to create new money through loans. This decrease in the amount of money available for lending can have implications for the overall money supply in the economy. It can result in reduced liquidity and potentially impact economic activity, as there is less money circulating in the banking system for investment and spending.
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Match each description from the RIASEC inventory with the correct title.
We can actually deduce here that matching each description from the RIASEC inventory with the correct title, we have:
1. A. Independent and practical - Realistic
2. B. Logical and observant - Investigative
3. C. Creative and expressive - Artistic
4. F. Want to inspire, inform, train, and help others - Social
5. D. Prefer to influence, persuade and lead people - Enterprising
6. E. Organized, efficient and methodical - Conventional.
What is RIASEC?RIASEC is actually known to be an acronym for Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. These are six personality types that was identified by Dr. John Holland.
According to John Holland's theory, he believes that most people are one of six personality types which refers to being Realistic, Investigative, Artistic, Social, Enterprising, or Conventional.
Thus, we see that those that are:
Realistic are independent and practical.Investigative are logical and observant.Artistic are creative and expressive.Social are those that want to inspire, inform, train, and help others. Enterprising are those prefer to influence, persuade and lead people.Conventional are organized, efficient and methodical.Learn more about RIASEC on https://brainly.com/question/28318450
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System of allocating goods and services without prices is called:_________
The system of allocating goods and services without prices is called a command economy.
In a command economy, the government or a central authority determines what goods and services should be produced, how much should be produced, and how they should be distributed to consumers. This is in contrast to a market economy, where prices play a central role in allocating goods and services, with consumers and producers making choices based on supply and demand. Command economies were historically used by countries that embraced socialism or communism, with the goal of achieving greater economic equality and social welfare. However, command economies have largely fallen out of favor, as they have been criticized for being inefficient and prone to corruption.
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Appraiser John is determining how a property is being used to determine a more optimal function. What is he determining
Answer:
Cost to replace
Explanation:
John is determining the valuation of the property.
what is an appraisal?
The phrase appraisal is defined because of the act of determining the price of something or the file of that price. An instance of the phrase appraisal is when a person determines a residence fee as a result of evaluating the community and its facilities.
An appraisal is a valuation of property, such as real property, a business, a collectible, or a vintage, by the estimate of an authorized individual.
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Select all that apply.
A résumé does not include the following:
past employment
education
references
relationship status
Answer:
relationship status I belive
Explanation:
hope this helps :)
Telephone surveys, online surveys, mail surveys, and personal interviews are the most common forms of gathering?
Smartphone surveys, online surveys, mail surveys, and private interviews are the maximum commonplace types of amassing in Survey strategies.
Surveys are used to accumulate or benefit know-how in fields consisting of social research and demography. Survey research is frequently used to assess thoughts, evaluations, and emotions. Survey research is defined as "the gathering of statistics from a pattern of individuals via their responses to questions".
A survey is a study approach used for collecting facts from a predefined group of respondents to gain records and insights into various topics of interest. they are able to have multiple purposes, and researchers can behavior it in many methods relying on the method chosen and the observation's goal.
There are main kinds of the survey: A questionnaire, in which a listing of questions is shipped through the mail, online or in individual, and respondents fill it out themselves. An interview, in which the researcher asks a set of questions by means of a cellphone or in character and statistics the responses.
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The multifactor productivity ratio with the university's plan to meet the expenses related to improving recruitment is 2.01. (Enter your response rounded to two decimal places.) s compared to the present multifactor productivity ratio, the university's plan will result in multifactor productivity ratio
The university's plan is expected to result in a multifactor productivity ratio that is more than double the present ratio.
To determine the impact of the university's plan on the multifactor productivity ratio, we need to compare the resulting ratio with the present multifactor productivity ratio.
Given that the multifactor productivity ratio with the university's plan to meet the expenses related to improving recruitment is 2.01, we can interpret this value as follows: for each unit of input (e.g., labor, capital) invested in the recruitment process, the university expects to achieve an output that is 2.01 times higher than the current level.
If we assume that the present multifactor productivity ratio is 1.00, we can make a comparison. The university's plan with a multifactor productivity ratio of 2.01 indicates a significant improvement in efficiency and effectiveness. It suggests that the inputs allocated to recruitment will yield more substantial outputs compared to the present scenario.
A multifactor productivity ratio greater than 1.00 indicates that the university's plan is expected to generate higher output relative to the input resources utilized. This indicates an increase in productivity and efficiency within the recruitment process.
The ratio of 2.01 implies that the university's plan is projected to more than double the output compared to the current situation, given the same set of inputs. It suggests that the investments made towards improving recruitment, whether in terms of enhanced strategies, resources, or processes, are anticipated to yield significant returns and contribute to the overall productivity of the university.
Overall, the multifactor productivity ratio of 2.01 suggests that the university's plan has the potential to positively impact recruitment outcomes and generate a higher level of productivity compared to the present scenario.
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How is a cryptocurrency exchange different from a cryptocurrency wallet?
Jerry's job requires that he wear a suit and tie every day to the office. This is most likely a(n) _____ atmosphere.
Answer:
I would say a formal or business atmosphere.
Explanation:
The main jobs that require suits are often business atmospheres. However, the wearing of a suit is called formal attire.
Answer:
The answer is formal
Explanation:
I took the quiz and got all of the answers right.
Please help, Worth 90 Points!!
Answer:
free points ezzzzz
Explanation:
Answer:
Cash: 7,11,19,12
A/R: 11,19
learning specific facts about another cultural group sich as it s
Learning about a culture's traditions, customs, language, and history helps foster positive intercultural interactions.
When individuals take the time to learn specific facts about another cultural group, it allows for a deeper understanding and appreciation of that culture. It involves acquiring knowledge about various aspects, including traditions, customs, language, history, and values. By gaining this knowledge, individuals can develop a more nuanced perspective and avoid stereotyping or making assumptions about the cultural group.
Learning specific facts about another cultural group helps to bridge gaps and foster positive intercultural interactions. It encourages individuals to engage in meaningful conversations, ask questions, and seek authentic information from reliable sources.
Moreover, understanding specific facts about another culture promotes cultural sensitivity and avoids potential misunderstandings or offensive behavior. It enables individuals to navigate diverse cultural contexts with greater awareness, adaptability, and appreciation for cultural differences. By learning specific facts, individuals can build connections, celebrate diversity, and contribute to a more inclusive and culturally diverse society.
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Post-Assessment
Question 2 of 5
Why is buying a car considered "bad debt"?
It decreases in value over time
It increases your net worth as it build equity
It gives you transportation to and from your job
It is worth more than any other investment
Submit
Continue
E
The reason why buying a car considered "bad debt"is that It decreases in value over time. option A
What is bad debt?The term bad debt can be described as the amount of money that a creditor must write off as a result of a default on the part of the debtor in a case whereby the creditor has a bad debt on the books, then things turn to uncollectible and is recorded as a charge-off.
It should be noted that a case can be regarded as bad debt because the value of the asset you receive from the loan depreciates quickly however in some cases interest charges increase how the amount that is been paid for the vehicle. and in thius case cost is higher compare to what it would be if you'd purchased the car outright with cash.
Hence, option A is correct.
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3. What is an annual percentage rate (APR)? Describe one similarity and one
difference between the APR and the interest rate on a credit card or loan. Why
would the APR differ from a creditor's posted interest rate? In your response, also
explain how borrowers can use the APR to evaluate loan options, and describe why
borrowers should be wary of low introductory APRs. (8 points)
7
An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
What is annual percentage rate?The term annual percentage rate of charge refers to the interest rate for an entire year rather than just a monthly fee or rate as applied on a loan, home loan, credit card, etc. It can also be referred to as a nominal APR or an effective APR. It is an annual rate of a finance charge. An annual percentage rate, or APR, is a figure that expresses the entire cost of borrowing money as a proportion of the loan's principle. An accurate picture of how much it costs to borrow money is intended to be provided by the APR on a loan or credit card.
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Many of your friends and family have pet dogs and cats. Each summer you enjoy looking after the pets, for example, taking dogs for walks and feeding them. As you care for the animals so well, one of your friends has suggested that you should start a ‘pet-care’ business for pet owners within a three mile radius of your home. You plan to look after their pet while they are on holiday.
You decide first to carry out some market research.
(a) Identify two purposes of market research. (2) set your answer like below
Answer:
the action or activity of gathering information about consumers' needs and preferences
-place
-target market
-feasibilty study
Explanation:
Place- allow you to gain attraction and attention from public
Target market-. Field of your business is it realible who would be your costumer and clients
What is the procurement Integrated Enterprise Environment System Module used?
Appointments can be scheduled, reviewed, approved, rejected, rejected, signed, stored, deleted, tracked, and terminated using the PIEE module. Participants in the GPC programme, Contracting Officer's Representatives (CORs).
And Local Processing Officers (LPO) for Wide Area Workflow (WAWF) adhere to the entire appointment procedure. The PIEE MIPR module was created to automate the generation, coordination, and routing of direct cite scheduled Military Interdepartmental Purchase Requests (MIPRs).
Across departmental trade partners and to improve requirement package visibility for the end-line customer throughout the entire process. PIEE Wide Area Workflow (WAWF), Electronic Data Access (EDA), FEDMALL, PALT, MyInvoice, and many other scheduled can be found on the PIEE.
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27. Many organizations do not have a formal trouble reporting system. Why do you think this is the case?
Many organizations may not have a formal trouble reporting system for several reasons. One primary factor could be a lack of awareness regarding the benefits of such a system. Organizations might underestimate the importance of tracking and resolving issues in a systematic manner, which could lead to inefficiencies and dissatisfaction among employees and stakeholders.
Another reason could be the perceived complexity and cost associated with implementing a formal trouble reporting system. Organizations might assume that setting up such a system requires significant resources, both in terms of time and financial investment. This perception might discourage them from establishing a systematic approach to handling issues. Additionally, some organizations may rely on informal methods of reporting trouble, such as personal communication or ad hoc meetings, believing that these are sufficient for addressing problems. In reality, these methods may not be as effective as a formal system in terms of providing transparency, accountability, and traceability. Lastly, organizational culture and resistance to change could also play a role. Employees and management might be accustomed to existing processes and resistant to adopting new systems, especially if they believe that current methods are working well.
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Which of the following would most likely negatively affect a person's net worth?
A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account
Answer: c
Explanation:
$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c) a $500,000 mortgage is correct.
What is net worth?
Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.
A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.
The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.
Therefore, option (c) a $500,000 mortgage is correct.
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Which career pathways involve high risk due to exposure to dangers?
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Answer:
Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
Explanation:
The career pathways that involve high risk due to exposure to dangers is :
A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.
"Career Pathways"The career pathways that involve high risk due to exposure to dangers is:
Firefighters in the Emergency
Firefighters too give an critical part in teaching the open with respect to fire and security.
Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.
Fire Management pathway
Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.
Crisis administration executives ordinarily require a bachelor's degree
Correctional Officers in the Corrections pathway
Corrections officers may do a few or all of the taking after:
supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.
Detention Officers in the Law Enforcement pathway.
A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.
A Career Pathway traces the positions, compensation, and preparing required to development in an industry.
Thus, the correct answer is A.
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An 1-9 form is also called a Wage and Tax Statement.
O True
O False
Answer:
False
Explanation:
Form I-9 is the Employment Eligibility Verification.
Form W-2 is the Wage and Tax Statement.
False, 1-9 form is not Wage and Tax Statement. W-2 form is called Wage and Tax Statement.
Tax statements are statements that will be sent to each UK taxpayer each year detailing their Income Tax and National Insurance payments. It was set to be released in 2014.
Ben Gummer proposed annual tax statements in 2012, with the goal of showing itemized spending by department in proportion to the amount the taxpayer paid in the previous year.
While welcoming it in principle, Labor MP Chris Bryant opposed it because the figures were estimates rather than actual figures. Gummer's proposal was well received by the press in the UK and The Wall Street Journal in the US. It was included in the 2012 budget & because of introduction in 2014, with George Osborne calling it "an excellent idea".
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the python company just paid an annual dividend of $2.05, and the dividend will grow by 4 nnually. how much would you pay for one share of python stock if you require a rate of return of 25 percent?
The Python company just paid an annual dividend of $2.05, and the dividend will grow by 4% annually. The price per share of Python stock is $15.29.
The dividend growth rate is calculated using the following formula: Dividend growth rate = (Dividend End of Year 1 - Dividend End of Year 0) ÷ Dividend End of Year 0. According to the question, the dividend growth rate is 4%. Therefore, we can assume that: Dividend End of Year 0 = $2.05Dividend End of Year 1 = $2.05 + (4% x $2.05)Dividend End of Year 1 = $2.13.
Required Rate of Return = Risk-Free Rate + (Market Return – Risk-Free Rate) x Beta For simplicity, let us assume that the Risk-Free Rate is 5%. Beta is assumed to be 1.5, and the Market Return is 12%. Required Rate of Return = 5% + (12% - 5%) x 1.5Required Rate of Return = 16.5%.
Now that we have the dividend and the required rate of return, we can calculate the price per share using the following formula: Price Per Share = Dividend ÷ (Required Rate of Return – Dividend Growth Rate)Price Per Share = $2.13 ÷ (16.5% - 4%)Price Per Share = $15.29Therefore, the price per share of Python stock is $15.29.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Jenna supervises a group of employees who are highly trained and
motivated. Based on this information, which type of management style
should Jenng employ?
A. Directing
B. Supporting
C. Delegating
D. Coaching
SUBMIT
Answer: C. Delegating
Explanation:
With a delegating management style, the manager simply assigns projects and duties to their subordinates and gives them the freedom to carry out those tasks the way they see fit.
This is best used when the employees are very skilled and motivated. Their skill will enable them to get the job done and their motivation means that they do not have to be followed up constantly to get the job done.
Answer:
DELEGATING
Explanation:
d
e
l
e
g
a
t
i
n
g
How does social distancing and stay-at home measures change our buying behavior(s)?
Answer:
we have to socal distance and then we get annoyed and upset when someone gets in our space
What do sellers do if they expect the price of a good they have for sale to increase dramatically in the near future?
Sellers may decide to keep their items and wait to sell them if they anticipate that the price of a good they are offering for sale will rise significantly in the near future.
A seller is a person or business that makes products or services available for purchase. A seller's main objective is to turn a profit by trading goods or services for cash. In order to draw customers and sell their items in a competitive market, merchants must find strategies to set themselves apart from their rivals. This could entail providing exceptional customer service, producing distinctive or new items, or supplying high-quality goods at affordable pricing. Retail, wholesale, online, and niche markets are just a few of the many sectors that sellers might operate in. While wholesale merchants provide products to other firms, retail sellers sell products directly to customers in real stores or online. Online retailers utilise the internet to advertise their products to a larger audience and conduct direct sales to customers.
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Suppose you work for a bank and are responsible for determining whether you should give someone credit. Create a list of the top three questions you would
ask prospective borrowers and post them to the discussion board. Make sure to explain why you think these three questions are important in determining
whether or not a potential customer is a good credit risk.
Answer:
-How much money do you need?
-How much income do you make?
-How much debt do you have?
Explanation:
The top three questions that I would ask prospective borrowers are:
-How much money do you need?
This question allows the lender to know the amount of money the borrower requires and this is crucial to make an evaluation with the income and debts to determine if the lender would approve the loan. For example, a borrower may need an amount that he can easily pay back with his salary.
-How much income do you make?
This question is important to the lender because it allows to find out if the borrower's income would allow him/her to make the monthly payments which decreases the risk.
-How much debt do you have?
It is important to know the amount of debt the borrower has because the higher amount of debt he/she has, it would be harder to pay the loan and evaluating this allows to decrease the risk of the borrower not paying back.
Abuse involves payment for items or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment.
Abuse includes payment for products or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment is a True Statement.
Abuse comprises incidents or provider actions that are contrary to established, ethical standards in medicine, business, or finance. The program may incur extra expenditures, inappropriate payments, or payments for treatments that do not adhere to generally accepted standards of care or are medically unnecessary as a result of these activities.
A few examples of abuse billing are billing for goods or services that weren't delivered and modifying claim forms to achieve a bigger reimbursement amount or charging the patient for a higher level of service than was actually provided to the patient.
Abuse involves payment for items or services when there is no legal entitlement to that payment and the provider has not knowingly or intentionally misrepresented facts to obtain payment. True/False
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