Answer:
True or False
True - explanation below
Explanation:
The congress has been able to prevent the widespread stoppages because they have the power to enforce the emergency board recommendations. These recommendations were viewed by the parties to be very valuable and could definitely serve as the grounds for the resolutions of disputes that may arise.
A one-day rail strike that happened in 1991 was resolved by the congress by enacting PUB L.102 -29 which was said to have the effects of imposing many of the recommendations of Presidential Emergency Board ( PEB) 219
Florence deposited ₱ 14,800 in a bank that gives 4.35% simple interest. after 2years 4months, she went back to the bank to check her balance. how much was available in her account?
Answer:
₱ 16,300.054
Explanation:
The formula for calculating simple interest is as below.
I= p x r x t
In this case, p= 14,800, r = 4.35% and t is 2 years and 4 months
the interest rate is in years; we need to convert two years and four months to years.
=4 months = 4/12 of one year = 0.33
2 years 4 months = 2.33 year
I= 14,800 x 4.35/100 x 2.33
I= 14,800 x 0.0435 x 2.33
I=1,500.054
the amount in the bank will be principal plus interest
=14,800 + 1500
=16,300.054
Identity theft may
1. lower credit interest
2. reduce credit balances
3. affect the credit score
4. cancel debt-to-credit ratio
Identity theft may affect the credit score.
The publisher of Celebrity Living claims that the mean sales for personality magazines that feature people such as Megan Fox or Jennifer Lawrence are 1.5 million copies per week. A sample of 10 comparable titles shows a mean weekly sales last week of 1.3 million copies with a standard deviation of 0.9 million copies.
Answer and Explanation:
The computation is shown below:
For determining each part first we have to do the following calculations
Critical value of t = 3.250
Null hypothesis = 1.5
Alternative hypothesis ≠ 1.5
Population mean \(\mu\) = 1.5
Sample mean \(\bar X\)= 1.30
Sample size \(n\) = 10.00
Sample standard deviation \(s\) = 0.900
Standard error of mean is
\(s_x = \frac{s}{\sqrt{n} }\)
\(= \frac{0.900}{\sqrt{10.00}}\)
= 0.2846
Test static is
\(t = \frac{x - \mu}{s_x}\)
\(= \frac{1.30 - 1.5}{0.2846}\)
= -0.703
a. The null hypothesis is
μ = 1.5
Alternate Hypothesis is
μ ≠ 1.5
b. reject \(H_o\) if t is not between
-3.250 and 3.250
c. The value of the test statistic is
t = -0.703
(as we have computed above)
d. fail to reject \(H_o\) as this data does not contradict the publisher claim
Calculate the required conductor size to power a 240 volt, 4000 watt heater that is located 250' from the service panel if a 2% voltage drop is tolerable across the length of the circuit and copper conductor is utilized.
To calculate the required conductor size, we need to consider the voltage drop, distance, and power (wattage) of the heater. The resistance of the conductor will determine the voltage drop.
First, let's calculate the maximum allowable voltage drop:
Max Voltage Drop = 2% of 240 volts
Max Voltage Drop = 0.02 * 240 volts
Max Voltage Drop = 4.8 volts
Next, we can use the following formula to calculate the resistance of the conductor:
Resistance = (Max Voltage Drop / Power) * Distance
Distance is given as 250 feet, and the power of the heater is 4000 watts.
Resistance = (4.8 volts / 4000 watts) * 250 feet
Now, we can calculate the cross-sectional area (CSA) or gauge of the conductor required to meet the resistance value. We'll use the resistivity of copper, which is approximately 1.72 x 10^-8 ohm-meter.
Resistance = Resistivity * (Length / CSA)
We rearrange the formula to solve for CSA:
CSA = Resistivity * (Length / Resistance)
Let's plug in the values and calculate the CSA:
CSA = (1.72 x 10^-8 ohm-meter) * (76.2 meters / Resistance)
Note: We convert the length from feet to meters (1 foot = 0.3048 meters).
CSA = (1.72 x 10^-8 ohm-meter) * (76.2 meters / Resistance)
Finally, we need to convert the CSA to a standard wire gauge (AWG) size. There are standard tables available for this conversion.
Please note that I'll provide you with an approximate wire gauge size based on calculations. It is recommended to consult electrical codes and regulations and consider the specific installation requirements and local regulations before finalizing the wire gauge size.
Here is a rough approximation of the wire gauge size required:
Calculate the CSA in square inches:
CSA (in^2) = CSA / (0.0254^2)
Convert the CSA to a wire gauge size using a wire gauge table or chart. The lower the gauge number, the larger the wire size.
Keep in mind that this calculation provides an approximate gauge size, and you should consult a qualified electrician or refer to electrical codes and regulations for precise sizing based on your specific requirements and local regulations.
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Scarcity a. is the same as shortage b. is a direct manifestation of poverty
c. means our wants exceed the limited resources available to satisfy these wants
d. b and c
Scarcity means our wants exceed the limited resources available to satisfy these wants. So, the correct option is c. means our wants exceed the limited resources available to satisfy these wants.
What is Scarcity?Scarcity is a fundamental concept of economics that refers to the basic fact that limited resources cannot meet the unlimited wants and desires of human beings. It means that there is a shortage of resources and that human desires cannot be met due to a shortage of resources.
Scarcity may occur in a variety of areas, including money, time, natural resources, and even human capacity. It refers to the idea that there are limited resources to meet our unlimited wants, while a shortage refers to a circumstance in which there is less of something available than people want at the prevailing price.
Poverty does not relate to Scarcity. Therefore, option c "means our wants exceed the limited resources available to satisfy these wants" is the correct answer.
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I attached a pic of my question, pls help.
Farmer raising sheep.
The accounting equation can be stated as
A. Expenses = Liabilities - Owner's Equity
B. Assets - Liabilities = Owner's Equity
C. Liabilities = Revenue + Owner's Equity
D. Owner's Equity = Assets + Liabilities.
Answer:
a
Explanation:
a
ATP is a vehicle manufacturing company which purchases most of the component from suppliers all around the globe. To minimize inventory costs, management decided to use Economic Order Quantity to control its inventory level. KWP is ATP’s long-term supplier for tire, and they have agreed to strict delivery time and quality requirement. Based on the 202X budget, the following information was collected from production:1. Based on pre-order, ATP requires 5250 units of tire each month for the first 4 months of the year and 3625 units of tires each month for the remainder of the year. 2. The carrying cost per unit is R2 per year. 3. The cost per order is R1,000.
Economic Order Quantity is 7071 units to control its inventory level. The following variables are necessary to determine the economic order quantity: demand rate, setup costs, and holding costs.
What are EOQ and its formula?The following is the EOQ formula. EOQ equals the square root of [(2 times demand times ordering cost)/carrying charge]. Demand. The EOQ's assumptions state that the demand is unchanged. The measure of demand is how much inventory is used annually or how many units are sold annually.
Given,
Annual Requirement = 50,000 ( 5250 x 4 + 3625 x 8)
Carrying cost = 2 per year
Order cost = 1000 per order
Required to calculate EOQ =?
EOQ = square root of [(2 times demand times ordering cost)/carrying charge]
EOQ = √ 2 x 50000 x 1000/2
EOQ = √50,000,000
EOQ = 7071 units
Thus, the EOQ is 7071 units. Economic order quantity is crucial since it aids businesses in effectively managing their inventories. Without these inventory management strategies, businesses will frequently store excess inventory during times of low demand while holding insufficient inventory during times of strong demand. Missed opportunities result from either issue.
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Which of the following is not a characteristic of long run equilibrium in a monopolistically competitive market?
A. Marginal revenue equals marginal cost.
B. Selling price is greater than marginal cost.
C. Production is at minimum average total cost.
D. Selling price equals average total cost.
The option C "Production is at minimum average total cost" is not a characteristic of long-run equilibrium in a monopolistically competitive market.
A monopolistically competitive market is a type of market structure that combines features of perfect competition and monopoly. Like in perfect competition, firms in a monopolistically competitive market face competition from other firms and can freely enter or exit the market.
The long run is the time period where all factors of production are variable. In a long run equilibrium, firms in monopolistically competitive markets earn zero economic profit, meaning that they earn exactly enough to cover their costs of production but no more.Average total cost is the cost of producing one unit of output. The selling price and marginal cost are two essential economic concepts for understanding long-run equilibrium in monopolistically competitive markets.
Selling price and marginal cost are equal to each other in long-run equilibrium. Hence the option C "Production is at minimum average total cost" is not a characteristic of long-run equilibrium in a monopolistically competitive market.
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which of the following statements is true of information systems? information systems are involved in tracking employee payroll, taxes, benefits and timesheets. information systems are inadequate at tracking movable assets, off-site resources and inventories. organizations avoid developing their own information systems to handle their back-office information needs. organizations avoid moving information system functions to service providers or outsourcing them.
Information systems are involved in tracking employee payroll, taxes, benefits, and timesheets. However, organizations may develop their own systems and outsource functions based on their specific needs and preferences.
The statement "Information systems are involved in tracking employee payroll, taxes, benefits, and timesheets" is true. Information systems play a crucial role in managing various aspects of employee data, including payroll processing, tax calculations, benefits administration, and tracking employee work hours through timesheets.
However, the other statements provided are not universally true. Information systems can be designed to track movable assets, off-site resources, and inventories, depending on the specific needs of the organization. Many organizations do develop their own information systems to handle their back-office information needs, as it allows for customization and control over their internal processes. Similarly, organizations may choose to outsource certain information system functions to service providers to take advantage of specialized expertise and cost efficiencies.
Overall, the role and capabilities of information systems can vary depending on the organization's requirements and strategic decisions.
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Scholarships awarded for high GPAs or test scores are based on _____.
Answer: Merit-based...
Name and briefly describe the quantitative methods of control (ABM)
Mathematical and statistical techniques are the two main categories of quantitative management methods.
What is quantitative management?Computers and mathematical methods are used in quantitative management to sort through financial statistics and choose stocks. Managers use previous quantitative linkages they have observed to inform "models" that aid in stock selection.
Screening is the process of examining historical information on businesses using a computer. A quantitative manager may develop a program to screen 2,000 stocks based on a specific set of traits or criteria.
The manager might prove, for instance, that historically, stocks with low price-to-earnings ratios and rapid earnings growth during the previous two years outperformed the market the following year.
The simplicity of using a model once it is established is the obvious advantage. Given the constantly shifting landscape of the financial markets, developing the model is the challenging aspect.
It might be challenging to incorporate enough adaptability into a model in quantitative management without adding too many additional variables.
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How can a budget process help you achieve your life-span goals?
Answer:
10 ways to achieve your life goals
(1) choose goals that inspire you
(2) be proactive
(3) no more negativity
(4) be balanced
(5) break it down
(6) embrace failure
(7) tell everyone
(8) get help
(9) trace your progress
(10) visualise the end result
Which statement about the Federal Reserve (the Fed) is true?
O Unless a person works there, the Fed has little impact on everyday life.
O The Fed determines the criteria banks must use to evaluate loan requests.
O The Fed sets monetary policy, which affects the interest rates banks offer.
O Because it is independent, the Fed reviews and approves the national budget.
A statement that is true on the Federal Reserve is that C. The Fed sets monetary policy, which affects the interest rates banks offer.
What does the Federal Reserve do ?The American central bank is known as the Federal Reserve System (FRS). It is conceivably the most potent financial organization in the entire globe and is sometimes referred to as "the Fed." It was established to give the nation a secure, adaptable, and stable financial and monetary system.
Its primary duties include controlling the money supply, establishing interest rates, and overseeing the financial system. In times of economic crisis, it also serves as a lender of last resort, as was shown during the financial crisis of 2008.
These powers of the Federal Reserve mean that it is the one which sets the monetary policy of the United States. This monetary policy will then affect the interest rates on loans, offered by banks.
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(1) If the price of a stock rises after an investor sells the stock short, the loss on the
Transaction _____________.
If the price of a stock rises after an investor sells the stock short, the loss on the transaction is incurred because the investor must buy the stock at a higher price to replace the borrowed shares. This is known as a "short squeeze" and can result in significant losses for the investor.
The greater the increase in the stock's price, the greater the loss for the short seller. It is important for investors to carefully consider the risks associated with short selling and have a solid understanding of the market conditions and factors that can impact the price of the stock.
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Interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview.
Using hypothetical scenario, the Interview a business owner in your local community on initiatives that he/her has undertaken to address unemployment as a socio-economic issue and provide evidence of the interview. is given below.
What is the Interview?Interviewer: Can you state us about some of the pushs your business has undertaken to address inaction in our community?
Business Owner: As a trade owner, I believe it's good to take an active part in addressing socio-economic issues in our society, particularly when it meets expectations unemployment. One of the initiatives we've initiated is a job preparation program for individuals who grant permission not have the necessary abilities or experience to secure employment in our manufacturing.
Interviewer: Can you tell us nearly the job preparation program?
Business Owner: The program is open to anyone in the society who is concerned in pursuing a career in our manufacturing. We partner accompanying local organizations to identify aspirants and provide bureaucracy with hands-on preparation.
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What type of pricing strategy involves consumers making a judgment about a product and its
quality based on its price compared with a similar product?
O reference pricing strategy
Oprice lining strategy
O fair price strategy
O odd pricing strategy
Answer: reference pricing strategy
Explanation:
what are the main functions of HR department
Answer:
Personnel administration.
Personnel recruitment and selection.
Compensation and incentive management.
Development of a positive work climate.
Employee performance evaluation.
Staff training and development.
Labour relations.
Occupational health and safety.
Explanation:
The functions of a human resources Department are numerous and diverse, as this team is responsible for managing a company's human capital to meet the established business objectives. The personnel department is key in any company, from attracting and retaining talent to guaranteeing the interests and well-being of employees.
Even Better Products has come out with a new and improved product. As a result, the firm projects an ROE of 20%, and it will maintain a plowback ratio of 0.30. Its projected earnings are $2 per share. Investors expect a 14% rate of return on the stock.
a.
At what price and P/E ratio would you expect the firm to sell? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
Price $
P/E ratio
b.
What is the present value of growth opportunities? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
PVGO $
c.
What would be the P/E ratio and the present value of growth opportunities if the firm planned to reinvest only 20% of its earnings? (Do not round intermediate calculations. Round your answers to 2 decimal places.)
P/E ratio
PVGO $
Answer and Explanation:
The computation is shown below:
a. The price and P/E ratio is
Price = Current year dividend ÷ (Required rate of return - growth rate)
where,
Growth rate is
= ROE × plowback ratio
= 20% × 0.30
= 6%
And, the current year dividend is ×
= $2 × (1 - 0.30)
= $1.4
So, the price is
= $1.4 ÷ (0.14 - 0.06)
= $17.50
Now the P/E ratio is
= $17.50 ÷ 2
= 8.75
b) For the present value of growth opportunities, the formula and the computation is
= Price of the stock - earnings ÷ required rate of return
= $17.50 - $2 ÷ 0.14
= 3.21
c) The P/E ratio and the present value of growth opportunities is
But before that we need to find out the price which is
Price = Current year dividend ÷ (Required rate of return - growth rate)
where,
Growth rate is
= ROE × plowback ratio
= 20% × 0.20
= 4%
And, the current year dividend is
= $2 × (1 - 0.20)
= $1.6
So, the price is
= $1.6 ÷ (0.14 - 0.04)
= $16
Now the P/E ratio is
= $16 ÷ 2
= 8
And, the growth opportunities is
= Price of the stock - earnings ÷ required rate of return
= $16 - $2 ÷ 0.14
= 1.72
What is an excise tax also called?
An excise tax is also known as a special excise tax, a sin tax, or a duty. It is a tax levied by the government on goods at the time they are manufactured rather than when they are sold to consumers.
Why does government collect excise tax ?
Excise taxes are taxes that are charged on the sale of certain goods and services. They are typically levied on specific goods or services such as alcoholic beverages, tobacco, gasoline, and certain luxury items. Excise taxes are collected by the government to generate revenue for specific programs and projects, as well as to discourage the use of certain goods or services.
What does Services mean?
In general, services are activities performed by a provider for a customer or client. They can be intangible (like knowledge or information) or tangible (like money) (such as a product or a physical service). Individuals, organizations, or a combination of both can provide services. Banking, education, consulting, transportation, and entertainment are all examples of services.The term "services" is sometimes used to refer to an economic sector that encompasses all activities associated with providing services. Health care, finance, hospitality, transportation, retail, and education are examples of such activities.
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From past experience, the company has learned that 20% of a month's sales are collected in the month of sale, another 70% are collected in the month following sale, and the remaining 10% are collected it second month following sale. Bad debts are negligible and can be ignored. February sales totaled $230,000, and March sales totaled $260,000. Required: 1. Using Schedule 1 as your guide, prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter. 2. What is the accounts receivable balance on June 30 th?
From past experience, the total accounts receivable balance for the company is $512,000.
What is accounts receivable?Accounts receivable refers to money owed to company by its customers for the goods or services that have been delivered but not yet paid for. It represents a company's current assets, and the amount is recorded on its balance sheet as an asset. The payment terms for accounts receivable are usually specified in the company's sales agreement or invoice, and can vary based on the industry or the customer. Managing accounts receivable is an important aspect of a company's financial management, as it impacts cash flow and liquidity. Companies may use various strategies to manage accounts receivable, such as offering discounts for early payment or implementing a collections process for overdue payments. Accounting principles require that accounts receivable be reported accurately and promptly, and that companies maintain adequate records and internal controls to ensure the accuracy of their financial statements.
10% of June Sales = 0.1 x $350,000 = $35,000
20% of May Sales = 0.2 x $350,000 = $70,000
April Sales: $0
May Sales: $267,000 - $70,000 = $197,000
June Sales: $350,000 - $35,000 = $315,000
Total Accounts Receivable Balance: $512,000
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According to the principles of scientific management, the best way to improve productivity is to.
Answer:
here is ur answer
Explanation:
According to the principles of scientific management, the best way to improve productivity is to: use time-motion studies to find the best method of doing each job, then teach those methods to employees
Suppose that you start off in long run equilibrium, where LRAS, SR, and AD meet altogether in one point. Explain what happens to price, real GDP, inflation, and unemployment in each of the following cases:
(a) The interest rate falls;
(b) Wage rate temporarily falls;
(c) The dollar appreciates relative to foreign currencies;
(d) Businesses temporarily expect higher resource prices in the future;
(e) Business taxes rise
(a) When the interest rate falls, it stimulates borrowing and investment, leading to an increase in aggregate demand (AD). As a result, both price levels and real GDP will rise. The increase in aggregate demand will lead to upward pressure on prices, causing inflation to increase. With increased investment and economic activity, unemployment is likely to decrease as businesses expand and create more job opportunities.
(b) If the wage rate temporarily falls, businesses' production costs decrease, leading to a decrease in their marginal cost (MC) and an increase in short-run aggregate supply (SRAS). As a result, both price levels and real GDP will increase. With lower production costs, businesses can lower their prices, which can lead to a decrease in inflation. However, the impact on unemployment depends on the elasticity of labor supply. If the wage decrease leads to a significant increase in labor supply, it could lead to an increase in employment and a decrease in unemployment.
(c) When the dollar appreciates relative to foreign currencies, it makes imports relatively cheaper and exports relatively more expensive. This leads to a decrease in net exports, reducing aggregate demand (AD). As a result, both price levels and real GDP will decrease. With decreased aggregate demand, inflation is likely to decrease. The decrease in economic activity can also lead to an increase in unemployment as businesses may reduce production and cut jobs.
(d) If businesses temporarily expect higher resource prices in the future, it can lead to an increase in their costs of production. This will result in a decrease in short-run aggregate supply (SRAS), leading to higher price levels and lower real GDP. With higher production costs, businesses may pass on the cost increases to consumers, leading to higher inflation. The impact on unemployment depends on the extent to which businesses adjust their production and hiring plans in response to the expected higher resource prices.
(e) When business taxes rise, it increases the cost of production for businesses. This leads to a decrease in short-run aggregate supply (SRAS), causing price levels to increase and real GDP to decrease. Higher production costs can lead to higher inflation as businesses pass on the tax burden to consumers. The increase in production costs may also result in businesses reducing their output and cutting jobs, leading to an increase in unemployment.
It's important to note that these are simplified explanations and the actual impact of these factors can be influenced by various other economic conditions and factors. Additionally, the magnitude and duration of the effects can vary depending on the specific circumstances and the overall state of the economy.
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We derive the demand curve for x from indifference curves and a budget constraint by changing the:.
The demand curve for x is derived from indifference curves and a budget constraint by changing the price of x and observing the resulting changes in the quantity demanded of x.
To derive the demand curve for x from indifference curves and a budget constraint, we need to consider a consumer who spends all their income on two goods, x and y. Let the price of good x be Px and the price of good y be Py.The consumer's income (M) is spent on either good x or y.
We can express this in the following equation: M = PxQx + PyQy Where Qx is the quantity demanded of good x, Qy is the quantity demanded of good y, and M is the total income of the consumer. From the above equation, we can see that the quantity demanded of good x, Qx, is a function of the price of good x, Px.
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What is an example of a mixed market economy?
It United States is used as an illustration of a mix market economy in the statement.
What defines an economy?Any economy is a collection of interdependent processes of creation and consumption that actually determine whether resources are split within a community. The interests that persons who live there and conduct business there are met by creation & consumption of items and services in general.
What are examples of economy?The well example about an economy is the that has, which leverages a nation's customs as history to influence the creation & sale of merchandise. A traditional economy's major cornerstones are agriculture, fishing, and hunting.
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do you think external recruitment is better than internal recruitment for 5 supervisors. justify your answer
Answer:
This question is opinion based
Explanation:
In order to determine ____________, the firm's total costs must be divided by the quantity of its output.
A. diminishing marginal returns
B. fixed costs
C. variable cost
D. average cost
In order to determine average cost, the firm's total costs must be divided by the quantity of its output.
Average cost is a per-unit expense that fluctuates with changes in the quantity produced. Fixed and variable costs combined make up total cost, which varies with changes in production.The formula for calculating the average cost is:
Average Cost = Total Cost / Quantity Produced
An average cost can be determined by dividing the total cost by the quantity of output. To maximize their productivity and profits, businesses must keep track of their average cost while creating a product or providing a service.
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place rock unit events in order.
3. (Note: The surface is not a layer. It is ground-level, complete with happy little trees.) \( \mathrm{A} 3 \) Homework \( - \) Unanswered Place the rock units events in order from oldest on bottom t
To place the rock unit events in order from oldest to youngest, we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers.
1. Homework: This event is the most recent one as it is mentioned last in the given list.2. A3: This event is mentioned before Homework, suggesting that it occurred earlier than Homework.3. Unanswered: This event is mentioned before A3, indicating that it happened before A3.Therefore, the correct order from oldest to youngest is: Unanswered → A3 → Homework.we need to consider the principle of superposition, which states that in an undisturbed sequence of rock layers, the youngest rocks are on top, while the oldest rocks are at the bottom.
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Describe the strategic management process and list the four components of he strategic management process
The strategic management process means illustrating the company's strategy which involves planning, setting and direction of goals in order to achieve goals within a given period of time to make a company more competitive.
The four components of the strategic management process:-
Collecting Information - It involves gathering of information of internal and external factors that can influence a company.Strategy Formulation - This step involves what action should be taken to achieve goals.Strategy Implementation - In this the actions which have decided are executed swiftly for achieving goals.Strategy Evaluation - After implementation of strategy, it should be monitor and corrective actions should be taken if there are issues.Read more about Strategy Evaluation on brainly:-
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Mary is deciding whether to book the cheaper flight home from college after her final exams, but she's unsure when her last exam will be. She thinks there is only a %10 chance that the exam will be scheduled after the last day she can get a seat on the cheaper flight. If it is and she has to cancel the flight, she will lose $150. If she can take the cheaper flight, she will save $50. a) If she books the cheaper flight, what can she expect to gain, on average? b) What is the standard deviation?
Answer:
(a) Expected gain = 30
(b) Standard deviation = 66.03
Explanation:
From the question, we are given the following:
Probability of loss = 10%
Loss amount = $150
Probability of Saving = 100% - Probability of loss = 100% - 10% = 90%
Saving amount = $50
Therefore, we proceed as follows:
a) If she books the cheaper flight, what can she expect to gain, on average?
This can be calculated as follows:
Expected gain = (Probability of loss * (-Loss amount)) + (Probability of Saving * Saving amount) = (10% * (-150)) + (90% * 50) = -15 + 45 = 30
b) What is the standard deviation?
Standard deviation can be described as a measure of the amount of variation a set of values. This can be calculated from the variance as follows:
Variance = (Probability of loss * (-Loss amount - Expected gain)^2) + (Probability of Saving * (Saving amount - Expected gain)^2) = (10% * (-150 - 50)^2) + (90% * (50 - 30)^2) = (10% * (-200)^2) + (90% * (20)^2) = (10% * 40,000) + (90% * 400) = 4,000 + 360 = 4,360
Standard deviation = Variance^0.5 = 4,360^0.5 = 66.03