A solid-waste recycling plant is considering two types of storage bins. Use ROR evaluation and an MARR of 20% per year to determine which should be selected. Storage Bin P Q First Cost, $ -22,000 - 35
Answers
Both the ROR evaluation and the regular AW method indicate that storage bin A should be selected over storage bin B.
To determine which storage bin should be selected using the Rate of Return (ROR) evaluation and the regular Annual Worth (AW) method at a Minimum Acceptable Rate of Return (MARR) of 10% per year, we can analyze the cash flows associated with each storage bin.
Storage Bin A:
- First cost: $18,000
- Annual Operating Cost (AOC): $4,000 per year
- Salvage value: $1,000
- Life: 35 years
Storage Bin B:
- First cost: $36,000
- Annual Operating Cost (AOC): $2,700 per year
- Salvage value: $3,600
- Life: 6 years
(a) The Rate of Return (ROR) can be calculated as the average annual net income divided by the initial investment cost. Let's calculate the ROR for each storage bin:
ROR(A) = (Average Annual Net Income(A) / Initial Investment(A)) * 100%
ROR(B) = (Average Annual Net Income(B) / Initial Investment(B)) * 100%
To calculate the Average Annual Net Income for each storage bin, we need to consider the annual operating cost, salvage value, and the useful life:
Average Annual Net Income(A) = (AOC(A) - Salvage Value(A)) / Life(A)
Average Annual Net Income(B) = (AOC(B) - Salvage Value(B)) / Life(B)
Substituting the given values, we get:
Average Annual Net Income(A) = ($4,000 - $1,000) / 35
Average Annual Net Income(B) = ($2,700 - $3,600) / 6
Now we can calculate the ROR for each storage bin:
ROR(A) = (Average Annual Net Income(A) / Initial Investment(A)) * 100%
ROR(B) = (Average Annual Net Income(B) / Initial Investment(B)) * 100%
ROR(A) = (($4,000 - $1,000) / 35,000) * 100%
ROR(B) = (($2,700 - $3,600) / 36,000) * 100%
Simplifying these expressions, we find:
ROR(A) = 8.57%
ROR(B) = -2.50%
Since ROR(A) is positive and higher than the MARR of 10%, storage bin A is selected based on the ROR evaluation.
(b) We can also use the regular Annual Worth (AW) method to confirm the selection. We calculate the present worth of costs and benefits over the useful life of each storage bin and compare them.
To calculate the AW, we use the formula:
AW = Annual Worth(Present Worth, Useful Life)
Present Worth(A) = -First Cost(A) - Annual Operating Cost(A) + Salvage Value(A) / (1 + i)ⁿ
Present Worth(B) = -First Cost(B) - Annual Operating Cost(B) + Salvage Value(B) / (1 + i)ⁿ
Where i is the interest rate (10% or 0.10) and n is the useful life.
AW(A) = Annual Worth(Present Worth(A), Life(A))
AW(B) = Annual Worth(Present Worth(B), Life(B))
AW(A) = (-$18,000 - $4,000 + $1,000) / (1 + 0.10)³⁵
AW(B) = (-$36,000 - $2,700 + $3,600) / (1 + 0.10)⁶
Simplifying these expressions, we get:
AW(A) = $439.26
AW(B) = -$8,713.60
Since AW(A) is positive, it confirms that storage bin A is the better choice based on the regular AW method.
In conclusion, both the ROR evaluation and the regular AW method indicate that storage bin A should be selected over storage bin B.
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Related Questions
In the fives C’s, how is cost different from price?
At includes the company's operating costs
Bit makes it easier to promote the product
It reduces the company's operating expenses
Dit includes all of the costs related to the product
Answers
Answer:
it includes all of the costs related to the product
Explanation:
in fives C, cost represent the total value of economic sacrifice that a business have to made in order to create the product. It includes things like the cost of materials, the amount of salary that need to be made to pay the employees who made it, the amount of money needed to operate machines to make it, etc.
Price on the other hand, is the amount of payment / compensation that the business expect from customers in exchange of obtaining the product. As a general rule to generate a profit, the Total price need to exceed the amount of cost of that product.
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answers
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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according to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by _____.
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According to the penetration strategy, an entrepreneur tries to penetrate his or her firm's product or market further by adjusting the price of the product. Penetration pricing strategy involves setting a lower price for the product than the competition to draw in consumers and acquire a larger market share.The goal of penetration pricing is to attract customers and gain market share quickly.
The product's price is deliberately set low, with the expectation that revenue will be generated by increased sales volume rather than by the price per unit.Market penetration pricing is a method of setting low prices to break into a new market or increase market share. It is most commonly used in situations where there is little or no competition, where the product is easily substitutable,
and where the cost of producing additional units is minimal. Additionally, the pricing strategy provides the company with information about consumers' willingness to pay for the product.The goal of market penetration pricing is to gain market share quickly by drawing in consumers who might otherwise be hesitant to try a new product or who might have been loyal to a competitor's brand in the past.
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TRUE/FALSE. a weakness of return on investment is that it tends to emphasize short-run benefits over long-run benefits.
Answers
Answer:
True
Explanation:
Enjoy your day!
A company in Maine sends lobsters to France What is Maine doing? Select three options
Answers
Answer:
Following are the answer to this question:
Explanation:
Some information is missing in the question. So, the correct choices can be described as follows:
i) practicing international trade
ii) exporting products
iii) participating in globalization
Maine has been globally traded because its, company transfers it's own goods at international frontiers when a client gives lobster with France in Maine. It exports products as its goods are manufactured in one nation, in this scenario the USA, is one other country, France in this case.Finally, it participates in the process of globalization because the company operates internationally by selling its products.Answer:
B. practicing international trade
C. exporting products
D. participating in globalization
You can insert only one footnote and one endnote per page
Question 2 options:
True
False
Answers
It is a true statement that you can insert only one footnote and one endnote per page.
What do we call a footnote / endnote?On a typical page, this refers to the note printed at the bottom of a page that gives an extra information about something that has been written on that page. It is usually singular and tells about an event, subject or detail that is not important.
We can insert a footnote per page by clicking on the Options button at the top of the header, go to Footer Format and make sure that the footer applies to only this section. Now the footer will be only on that one page.
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if you can please help lol i’ll give u a brainlest thank youuu
Answers
Answer:
$650 is the answer....
Explanation:
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Craig has a lot of reasons for wanting to start his own business. What is the main reason why he believes he’s ready to turn his side job into a full-scale business? Multiple Choice He is passionate about landscaping. He has been able to grow his client base steadily just by word of mouth. His wife knows how to build a website. He is tired of his corporate job.
Answers
Answer:
B
Explanation:
The correct option for the question is B. He has been able to grow his client base steadily just by word of mouth.
What is the client base?
A client base is a company's primary source of business and revenue. A client base includes the current clients paying for the products or services. A client base can be identified or defined in many ways depending on the sort of industry. Existing clients may also be the first to be sold new offerings.
Conclusion: If you sell computer systems, your client base includes the clients that are subject to your marketing efforts and customers who have already purchased your computers.
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When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a ______________ estimate, because you do not want to underestimate expenses.
Answers
When drafting an expense budget, such as estimating overhead expenses, it is recommended that you use a liberal estimate, because you do not want to underestimate expenses.
The expense budget shows the revenue and capital payments of various departments or ministries and presents the estimates in respect of each under plan and non-plan. In this budget, expenses mostly include operating expenses, like utilities, rent, payroll, and advertising.
One should not underestimate expenses, so in that case it is recommended that to use a liberal estimate, when drafting an expense budget and when estimating an overhead expenses.
Hence, the answer is given and explained above.
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ECON QUESTION !!
What is the overall objective of a business raising financial capital?(1 point)
A) decrease operating costs and increase the number of investors
B) increase revenues and the number of investors
C) reducing financial obligations and increase revenue
D) grow and increase profit
chapter 5 test, banking and finance...if you have all the answers that would be greatly appreciated
Answers
The main goal is to increase shareholder value as much as possible.
Businesses frequently make decisions that include spending money now while planning to turn a profit later. Examples are when a business purchases a machine with a 10-year lifespan, constructs a new facility with a 30-year lifespan, or launches a research and development initiative. Four basic methods exist for businesses to obtain the funding they require to fund these initiatives: (1) early-stage investors; (2) profit reinvestment; (3) bank or bond borrowing; and (4) stock sales. Business owners decide how to pay for financial capital sources when they select those sources.
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Open-end mutual funds Group of answer choices All of these. calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis. may experience fluctuations in the number of shares outstanding on a daily basis. require that NAV consider the amount of discount or premium in the share value. calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding.
Answers
Answer:
calculate the NAV based on the total value of assets held divided by the number of fund shares outstanding and may experience fluctuations in the number of shares outstanding on a daily basis
Explanation:
In the Open-end mutual funds it does not limit the no of shares what they are offering, purchase and sold on demand. In the case when the investor buy the shares in the opne-end fund so in this the fund is issued and at the time when the shares are sold by someone so they would be bought back from the fund
It should be determined the NAV depend upon the total amount of assets divided by the number of fund oustanding shares and might be experience fluctations
1. The Industrial Revolution began primarily because of.
A) Larger numbers of people unable to find work
B) The growth of corporations in the U.S.
C) The invitation of machines allowing the faster processing of raw materials.
D) Managers using practices to improve productivity of employees.
2. The first effort to apply scientific study to the management of businesses was?
A) Behavioral management
B) Classical management
C) Quality management
D) administrative management
Answers
The Industrial Revolution began primarily because of the invitation of machines allowing the faster processing of raw materials. The Option C is correct.
What led to Industrial Revolution in Europe?The Industrial Revolution transformed the economy from an agrarian to a manufacturing economy in which products were no longer made solely by hand but also by machines. This resulted in increased output and efficiency, lower prices, more goods, higher wages, and a shift from rural to urban areas.
The first Industrial Revolution began in Great Britain in the mid-to-late 1700s, when innovation led to large-scale production of goods through machine manufacturing. This spread around the world, and the Second Industrial Revolution began in the late 1800s in the United States, with further technological advancements leading to greater efficiency.
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In a money market equilibrium diagram, show the effect of an increase in real money emand, i.e., an increase in L function for any value of i, on the nominal interest rate.
Answers
An increase in real money demand, represented by an upward shift in the L (liquidity preference) function in a money market equilibrium diagram, will lead to a higher nominal interest rate.
When real money demand increases, individuals and institutions want to hold more money relative to other assets. As a result, the demand for money exceeds the available money supply. To restore equilibrium, the nominal interest rate must rise.
The higher interest rate incentivizes individuals to lend their excess money, reducing its demand and bringing it back in line with the money supply. The rise in the nominal interest rate makes holding money less attractive compared to other investments, as the opportunity cost of holding money increases.
Overall, the increase in real money demand in the money market equilibrium diagram leads to a higher nominal interest rate as the market seeks to balance the supply and demand for money.
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Verb Phrases Worksheet #3
Change the verb phrase to a strong, descriptive verb phrase for a resume
Answered customer questions
Helped a customer sign up for a loyalty program
Worked a cash register
Listened to customer orders and got them what they wanted
Sell tickets
Put items on shelves
Found expired items and took them out
Cooked cookies
Cooked nachos
Was in a group with other students
Told students what do when baking stuff
Took care of the cat
Took care of the baby
Watched my five year old niece and let her play and eat stuff
Cleaned the house (dusting, cleaning the table and the windows, dishes)
Did the Trash and Recycling and stuff outside
Helped my dad with the oil in our car
Used a computer to type stuff
Write your changed phrase here! Remember for 9-14 there are multiple answers!
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________
____________________ _________________
____________________ _________________ __________________
____________________ _________________ __________________
____________________ __________________ _________________
____________________ __________________ __________________ _____________
____________________ ___________________
_____________________ ___________________
Answers
The changed verb phrases are as follows- signing up, working on, listening to, selling, putting, taking ,cooking, cooked, while baking, taking care, watching, have cleaned, do the Trash and Recycling and stuff outside, helping , using.
What are verb phrases?
A verb phrase is a syntactic unit in linguistics that consists of a verb and its arguments, excluding the subject of an independent clause or coordinate clause.
Verb phrases are classified into two types: finite, in which the head is a finite verb, and nonfinite, in which the head is a nonfinite verb, such as an infinitive, participle, or gerund.
Therefore, the changed verb phrases are mentioned above.
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goodwill represents: a. the synergies that will be achieved through the acquisition. b. the merger premium. c. the difference between the acquisition cost and the book value of the identifiable assets and liabilities. d. the difference between the acquisition cost and the market value of the identifiable assets and liabilities.
Answers
Goodwill represents the difference between the acquisition cost of a company and the book value of its identifiable assets and liabilities. Therefore, the correct option is (c).
Goodwill arises when the purchase price paid for an acquired company exceeds the net value of its assets and liabilities recorded on its balance sheet. It represents intangible assets such as brand reputation, customer relationships, intellectual property, and employee expertise that are not separately identifiable.
Goodwill is recorded on the acquiring company's balance sheet as an intangible asset and is subject to periodic impairment tests to ensure its value is not overstated. It reflects the premium paid for the acquired company and the expectation of future economic benefits from the acquisition. the correct answer is (c).
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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
Answers
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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what insurance protects against liability for harm the insured may cause to others as a result of product failure or accidents?
Answers
Product liability insurance protects against liability for harm the insured may cause to others as a result of product failure or accidents.
What is insurance?Insurance is a contract between two parties, in which one party agrees to compensate the other party in the event of an unexpected and unforeseen event or loss. Insurance provides financial protection against potential losses, including death, illness, injury, damage to property, and other financial losses. It helps protect individuals, families, and businesses from financial losses due to unexpected events. Insurance is a risk management tool used to protect against potential losses, and it can also provide peace of mind and security. Insurance companies offer a wide variety of insurance policies including health insurance, life insurance, car insurance, homeowners insurance, and more. Insurance policies are typically tailored to the individual or business needs of the insured.
Premiums are paid by the insured to the insurance company in exchange for coverage. In the event of a loss, the insurance company pays the insured or the beneficiary of the policy. Insurance helps to spread the risk of losses among a large group of people, making it easier to absorb the financial burden of an unexpected loss.
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Which of these terms means "paying to communicate with potential clients about your company"? A. Customer support. B. Marketing. C. Advertising. D. Community outreach.
Answers
Marketing means "paying to communicate with potential clients about your company." The correct answer is option B.
Marketing is the action of selling a product or service. Marketing refers to all of the activities that a company does to increase customer demand for a product or service. This includes advertising, selling, and promoting. Businesses must constantly advertise their products to increase sales, attract new customers, and increase brand awareness. In a nutshell, marketing entails promoting a product or service to consumers.
Marketing is a significant aspect of any business because it helps in expanding the customer base and increasing profits. A company's success depends on how well they can market their products or services. To be effective, marketing must be well-targeted, relevant, and appealing to the target market. A company that markets its goods and services well has a better chance of gaining loyal customers and expanding its reach.
Marketing can take many forms, including advertising, direct marketing, public relations, and online marketing. Marketing activities must be aligned with a company's overall marketing strategy. A well-planned and executed marketing strategy can help businesses achieve their goals.
A strategy will assist you in identifying your target market and how best to communicate with them. In short, marketing is a set of strategies aimed at promoting products or services to consumers through various channels such as advertising, sales promotion, public relations, and direct marketing. Marketing is an essential part of any business, and it helps businesses reach new heights.
Hence, option B is the right choice.
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Three types of financial assistance that can be applied for after Grade 12
Answers
2. loan assistance
3. Student Employment
Distribution intensity
Answers
The level of accessibility decided by the marketer for a specific product; the level of intensity chosen will depend on factors including the manufacturing capacity, the size of the target market, pricing and advertising practices, and the amount of product service needed by the end-user.
The maximum amount of product that a factory or manufacturing facility can produce is known as its manufacturing capacity. The aim of determining a factory's manufacturing capacity, which is often quantified in output units per time period, is to afterwards be able to optimize planning and scheduling, provide precise lead times to clients, and better estimate cash flow. Unfortunately, many firms estimate without being certain since they are unsure of their actual manufacturing capacity. Manufacturing capacity is a key factor in many business choices, thus it's critical to assess it as precisely as possible. Production capacity, expressed in units of output per period, is the maximum output that a manufacturing business is capable of producing. By being aware of your production capacity, you may enhance production planning and scheduling, provide more precise lead
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free creditsssssssssssssssssssssssssssss
Answers
Answer:
ty
Explanation:
I will mark you as brainliest!!
What is stock turnover?
A. How long customers have own the products they've purchased
B. How quickly inventory sells
C. How much it costs to keep inventory
D. How the stock market affects inventory
Answers
Answer:
d.how the stock market affects inventory
Explanation:
a stock turnover is the rate at which a company's goods are sold and replaced. I hope that helped <3
stock movement Effects of the stock market on inventory Thus option (D) is correct.
What is the stock price?A share price is the price of a single share of a company's salable equity shares. In layman's terms, the stock price is the largest amount of money someone is willing to pay for the stock or the lowest amount for which it can be purchased.
Stock market Analysts in economics and financial theory utilize random walk techniques to model the behavior of asset prices, particularly share prices on stock exchanges. This technique is founded on the assumption that investors operate rationally and without bias, and that they evaluate the value of an asset at any given time based on future expectations.
Therefore, Thus option (D) is correct.
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Describing Work Activities for Financial Analysts Click this link to view O*NET’s Work Activities section for Financial Analysts. Note that common activities are listed toward the top, and less common activities are listed toward the bottom. According to O*NET, what are some common work activities performed by Financial Analysts? Check all that apply. analyzing information processing information interacting with computers repairing and maintaining mechanical equipment getting information performing general physical activities
Answers
Answer:
here is the awser have a great rest of ur day and god bless you
Explanation:
Analyzing information, processing information, interacting with computers and mechanical equipment are some common work activities performed by Financial Analysts. Hence, option A, B, C and E are correct.
What is Financial Analysts?Banks, pension funds, insurance companies, and other enterprises employ financial analysts. Financial analysts advise companies and people on how to spend money to make a profit. They evaluate the performance of bonds, equities, and other financial products.
The highest paid individuals in the financial analysis industry are typically equities analysts. Their companies play a role in this as well; major investment banks pay top talent enormous fees to get the best employees. A lot of large sums of money are dealt with by equity analysts.
It is feasible to land an entry-level job in this industry without any prior experience. Gaining experience as a financial analyst at the entry level will enable you to seek more challenging professions and earn more money.
Thus, option A, B, C and E are correct.
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to be enforceable, a memorandum evidencing an oral contract must identify the consideration. group of answer choices false true
Answers
False. To be enforceable, a memorandum evidencing an oral contract must identify the essential terms of the agreement, such as the parties involved, the subject matter, and any terms of agreement.
Consideration is an essential element of a contract, but it does not necessarily need to be identified in the memorandum for the contract to be enforceable.
What is an agreement?
An agreement is a mutual understanding or meeting of the minds between two or more parties about their rights and obligations regarding a particular subject matter. It is a legally binding and enforceable understanding or contract between parties who have reached a consensus on the terms and conditions of their relationship.
An agreement can be formal or informal, written or oral, and can cover a wide range of topics, such as the sale of goods or services, employment relationships, real estate transactions, and many others. In order for an agreement to be legally binding, it must meet the requirements of contract law, including offer, acceptance, consideration, and the intention to create legal relations.
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Karsten runs a forklift at work. She also uses hand tools to perform her tasks. Sometimes Karsten has to talk to customers about products and services they have ordered. She always documents any important information that may affect her job duties. Which careers could she most likely have?
Health, Safety, and Environmental Management and Logistics Planning and Management Services
Transportation Operations and Sales and Service
Facility and Mobile Equipment Maintenance and Warehousing and Distribution Center Operations
Sales and Service and Facility and Mobile Equipment Maintenance
Answers
Answer:
Facility and Mobile Equipment Maintenance and Warehousing and Distribution Center Operations.
Explanation:
Analyzing Karsten's roles in her current job, it is possible to identify that she could probably have careers in maintaining mobile facilities and equipment and storage and distribution center operations.
Karsten demonstrates that she is a responsible employee in her role by documenting important information that may affect her professional obligations, which gives her the ability to handle responsibilities for storage operations and distribution centers, tasks that require organization, as well as communication with customers about the products and services ordered, which is also essential for an organization’s distribution sector. From the information in the text it is also possible to identify aptitude for maintenance of mobile facilities and equipment, since she drives a forklift at work and sometimes uses hand tools to perform her tasks.
Answer:
Analyzing Karsten's roles in her current job, it is possible to identify that she could probably have careers in maintaining mobile facilities and equipment and storage and distribution center operations.
Explanation:
Analyzing Karsten's roles in her current job, it is possible to identify that she could probably have careers in maintaining mobile facilities and equipment and storage and distribution center operations.
Karsten demonstrates that she is a responsible employee in her role by documenting important information that may affect her professional obligations, which gives her the ability to handle responsibilities for storage operations and distribution centers, tasks that require organization, as well as communication with customers about the products and services ordered, which is also essential for an organization’s distribution sector. From the information in the text it is also possible to identify aptitude for maintenance of mobile facilities and equipment, since she drives a forklift at work and sometimes uses hand tools to perform her tasks.
What is the goal of free market capitalism?
Answers
A capitalist economy is a form of a free market economy in which the pursuit of profit drives all trade and compels companies to function as effectively as possible to maintain their market share.
A general belief of capitalism is as a capitalist model where private actors own and manage property according to their needs and where supply and demand freely determine market prices in a way that can best serve society. The desire to turn a profit is capitalism's fundamental characteristic.
A capitalist economy is a form of a free market economy in which the pursuit of profit drives all trade and compels companies to function as effectively as possible to maintain their market share.
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In a business, legal counsel is an important source of information and advice is solely responsible for making decisions about how to resolve a dispute. True or false?.
Answers
The resolution of disputes in the company is not just a task for attorneys to do. Legal counsel is a crucially essential source of information and guidance, but ultimately, the managers and owners of the firm decide how to resolve a disagreement. Therefore the given statement is False.
The role of a legal counsel is that of a general attorney who works for the corporation and is not an independent contractor. To ensure that rules are followed, they collaborate with management and staff members inside their company.
A dispute is a disagreement, quarrel, or controversy that frequently results in legal action being taken (such as arbitration, mediation, or a lawsuit). It is argued that the opposing parties are at odds with one another (see also an adverse party).
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how do people progress in a business?
Answers
Answer:
with the proper leadership skill and hard work
why does saturn have the coldest surface temp?
Answers
Answer:
distance from the Sun
Explanation:
because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.
istp
1.Use the results of your personality test and write an essay.
2.Based on the test results write an essay describing your personality, learning style, and communication skills.
3. Post your essay on the "Question" page. Respond to all posts to your essay.
please pwede nyo ba sagutan due date na kasi Yan bucks please
Answers
Answer:
As an ISTP, I am characterized as a practical and logical person who enjoys solving problems and engaging in physical activities. I prefer to work independently and focus on the task at hand rather than engaging in social interactions.
My learning style is hands-on and experiential. I prefer to learn by doing rather than reading or listening to lectures. I thrive in situations where I can apply my knowledge and skills to solve real-world problems. I am good at analyzing complex situations and breaking them down into manageable parts.
When it comes to communication skills, I tend to be concise and to the point. I don't like to waste time on small talk and prefer direct communication. I am a good listener and pay attention to details. However, I may come across as aloof or detached in social situations, which can be misinterpreted by others.
As an ISTP, I have several strengths that I bring to any team or group. I am dependable, practical, and resourceful. I enjoy taking on challenges and coming up with creative solutions to problems. I am adaptable and can work in a variety of settings and situations.
However, there are also some weaknesses that I need to be aware of. I can sometimes come across as insensitive or indifferent to others' feelings, which can lead to misunderstandings and conflicts. I also have a tendency to procrastinate and avoid tasks that I find uninteresting or challenging.
To improve my communication skills, I can work on being more expressive and open with my thoughts and feelings. I can also try to be more patient and understanding with others, even if their communication styles differ from my own. To improve my learning style, I can seek out more opportunities for hands-on experience and experimentation, and try to engage with different learning materials to broaden my knowledge.
Overall, as an ISTP, I am a problem-solver who prefers practical solutions and hands-on experiences. While my communication style may come across as aloof, I am a good listener and pay attention to details. By being aware of my strengths and weaknesses, I can work to improve my skills and become a more effective member of any team or group.
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