True. The von Thünen model is an economic theory that explains how agricultural land use is determined based on the location of the land and the cost of transportation. The theory was developed by Johann Heinrich von Thünen, a German economist and farmer, in the early 19th century.
One of the key assumptions of the von Thünen model is that a subsistence economic system implies nearly total self-sufficiency of its members. In other words, people who live in a subsistence economy produce most of what they consume and rely little on trade or market exchange.
The model is based on the observation that the value of agricultural land is determined based on soil fertility and climate. The most fertile land is typically located close to the city, where it can be easily transported and sold in the market. As one moves further away from the city, the land becomes less fertile and more difficult to transport, leading to lower land values.
The von Thünen model assumes that farmers will choose to cultivate crops that are most profitable given the location of their land and the cost of transportation.
On the other hand, if a farmer has land located far from the city, they are more likely to grow crops that are less perishable and have a lower value per unit of weight, such as grains and livestock.
The von Thünen model provides a useful framework for understanding how agricultural land use is determined based on location and transportation costs. While the model is not without limitations, it continues to be an important tool for economists and geographers studying agricultural systems and rural development.
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Complete question is:
A subsistence economic system implies nearly total self-sufficiency of its members. The von Thünen model is based on the observation that the value of agricultural land is determined based on soil fertility and climate. True/False
The von Thünen model is based on the assumption that farmers in a subsistence economy prioritize their needs based on proximity to the market.
The von Thünen model is an economic theory that explains the spatial distribution of agriculture in a hypothetical, isolated, and subsistence economy. It assumes that farmers prioritize their needs based on the proximity to the market, with more perishable goods being produced closer to the market and fewer perishable ones further away. In a subsistence economy, farmers focus on self-sufficiency and prioritize the production of food and other essential items needed for survival. The model also assumes that the value of agricultural land is determined by soil fertility and climate, which can vary with distance from the market. As a result, the model predicts that farmers will produce crops with the highest value per unit of land closest to the market and move outwards to less valuable crops as they move further away.
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Riverbed Company borrowed $36,000 on November 1,2020 , by signing a $36,000,10%,3-month note. Prepare Riverbed's November 1, 2020, entry; the December 31, 2020, annual adjusting entry; and the February 1, 2021, entry. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)
November 1, 2020, Entry: Date: November 1, 2020 ,Account Debit Credit
Cash - $36,000, Notes Payable $36,000 -
Riverbed Company borrowed $36,000 in cash, which increases the Cash account. At the same time, a Notes Payable liability is created, representing the amount borrowed.
December 31, 2020, Annual Adjusting Entry:
Date: December 31, 2020
Account Debit Credit
Interest Expense - $300
Interest Payable $300 -
The note carries a 10% annual interest rate. Since it is a 3-month note, the interest for two months (November and December) needs to be accrued. The interest expense is calculated as follows: $36,000 × 10% × (2/12) = $600. Since this entry is made on December 31, only one month's interest is left to be paid in the future. Therefore, the Interest Expense is $300, and the Interest Payable liability increases by the same amount.
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what concept is defined as the consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with the traditional economic gains a firm seeks? corporate social responsibility capitulation social networking service corporate personhood
The concept that is defined as the consideration of, and response to, issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits along with the traditional economic gains a firm seeks is Corporate Social Responsibility (CSR). So, the correct answer is corporate social responsibility.
CSR is a framework that guides businesses to consider their impact on the environment, society, and the economy, in addition to seeking to maximize profits. This includes taking into account ethical, social, and environmental issues, and making decisions that reflect a commitment to sustainability and social responsibility.
While CSR is voluntary and not a legal requirement, many companies see it as an essential part of their business strategy and an important way to build and maintain a positive reputation with stakeholders, including customers, employees, investors, and the wider community. So, the correct answer is corporate social responsibility.
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You own a construction business and need to hire workers to build a house and add one worker at a time to the added contribution of each worker. At what point will you stop hiring workers ? Relate this process to the three stages of production function as you explain your answer .
the perimeter of an isosceles trapzium is 134 cm and the bases are 54cm and 30cm in length. find the length of nonparallel sides of the trapzium and it's area.
Answer:
perimeter of trapezium=134cm
let the trapezium be ABCD in which AB and CD are parallel sides and AD and BC are non parallel sides.
then AB=54cm and CD=30cm
AD=BC
perimeter of trapezium=134cm
AB+BC+CD+AD=134
AD+AD+54+30=134
2AD=50
AD=25cm
Hence non parallel sides which are of equal length =25cm
Explanation:
How long do cross-departmental teams work together?
Answer:
First, department heads should be modeling cross-departmental collaboration by regularly and visibly engaging with each other – and with each other’s teams. If they notice that their department is becoming too isolated or is hesitant to collaborate with others, these leaders should be the first to start building bridges, and not just directing others to do so. Second, you need a mechanism in place to effectively collect employee feedback, in a way that makes employees feel safe from any negative consequences for speaking up.
Explanation:
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Sara could practice her guitar or complete her calculus homework. She does not really want to practice her guitar but does so anyway, what is her trade-off?
practicing her guitar
completing her calculus homework
the time it took her to practice guitar.
practicing her guitar and doing her calculus homework
Answer:
C
Explanation:
Draw a sketch (PLAN) of your ship showing the sounding pipe arrangement of the bilges, double bottom tanks, ballast tanks and the Fore and after peak tanks
The sounding pipe arrangement of the bilges, double bottom tanks, ballast tanks, and the fore and after peak tanks is an essential part of the ship's plan. A sounding pipe is a tube with a funnel on top that is used to take measurements of the liquid level in tanks, compartments, or bilges on board ships.
The bilges are the lowest parts of a ship's interior, where water collects and is pumped out. The sounding pipe arrangement in the bilges is usually located in a central location to ensure proper measurement. On the other hand, the double bottom tanks are the spaces that lie beneath the ship's bottom plating. They are also called ballast tanks, which are used to provide extra stability to the ship while it is in the water.
The sounding pipe arrangement in the double bottom tanks is located near the lowermost part of the ship's hull, where it can provide accurate measurements of the amount of ballast water on board.Ballast tanks, as the name suggests, are designed to hold ballast, which is used to balance the ship's weight. The sounding pipe arrangement in the ballast tanks is typically located near the center of the ship's hull.
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what are rock layers
Answer:
the answer is isStratum
Millions of software programs have been created and have helped to improve the economy. This is an
example of
O new business
self-confidence
taxes
O demand for products
new technology
Answer:
new technology.
Explanation:
An information system or technology can be defined as a set of components or computer systems, which is used to collect, store, and process data, as well as dissemination of information, knowledge, and distribution of digital products.
Generally, it is an integral part of human life because individuals, organizations, and institutions rely on information systems and technology in order to perform their duties, functions or tasks and to manage their operations effectively. For example, all organizations make use of information systems for supply chain management, process financial accounts, manage their workforce, and as a marketing channels to reach their customers or potential customers.
Additionally, an information system or technology comprises of five (5) main components;
1. Hardware.
2. Software.
3. Database.
4. Human resources.
5. Telecommunications.
Overtime, millions of software programs have been created and have helped to improve the economy. This is an example of new technology.
Basically, these new technologies have helped to simplify the process of producing goods and services effectively and efficiently to meet the unending needs and requirements of the consumers.
Prasana is working on a project that will help her team transition to a new software platform for billing. She tries to use the same written instructions for her coworkers and clients, but it backfires. This type of reuse is known as what?.
Based on the fact that Prasana is working on a project that will help her team transition to a new software platform for billing and she tries to use the same written instructions for her coworkers and clients, but it backfires. This type of reuse is known as repurposing.
This is so because repurposing, also known as reuse, is just the act of changing something for use in a new way. Prasanna attempted this when she tried to utilise the same instructions for another project, but it ended up backfiring.
Creating a task is referred to as this when it is done by an individual or group of individuals and requires both study and design.
As a result, we can see that Prasanna's use of the identical written instructions in a software billing system for her clients and coworkers is simply known as repurposing.
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if u in my comments pressed imma get disrepectfull am i right or wrong ?
Answer:
Explanation:
wrong
question 4 if a company uses your personal data as part of a financial transaction, you should be made aware of the nature and scale of the transaction. what concept of data ethics does this refer to?
If a company uses your personal data as part of a financial transaction, you should be made aware of the nature and scale of the transaction Currency.
Finance is the have a look at an area of cash, currency and capital property. it is associated with, however no longer synonymous with economics, the observe of manufacturing, distribution, and intake of money, belongings, goods and offerings (the field of monetary economics bridges the two). Finance sports take region in financial systems at various scopes, consequently the sector can be kind of divided into personal, corporate, and public finance. In a financial gadget, belongings are offered, bought, or traded as monetary gadgets, together with currencies, loans, bonds, shares, shares, alternatives, futures, and many others. property also can be banked, invested, and insured to maximize fee and minimize loss.
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Which of these is an example of qualitative data?
A. A report on the annual sales for a popular children's toy
B. The results of a survey asking whether someone prefers sweet or
sour candy
C. A graph showing how many times people purchase candles
D. A report on how many items were returned to a major clothing
store
If a bank protected by the FDIC fails, then all of the individuals who have deposited money into the bank _____. a. Are restricted from ever using a bank again b. Will be reimbursed by the federal government c. Have lost all of their money and savings forever d. Become members of the Federal Reserve Bank
If a bank protected by the FDIC (Federal Deposit Insurance Corporation) fails, then all of the individuals who have deposited money into the bank will be reimbursed by the federal government.
The FDIC is an independent agency of the federal government that provides deposit insurance to protect depositors in case a bank or savings institution fails. The standard deposit insurance amount is $250,000 per depositor, per insured bank, for each account ownership category.
If a bank fails and is unable to return deposits to its customers, the FDIC steps in to pay depositors up to the insured amount. This means that the individuals who have deposited money into the bank will not lose their money, as long as it is within the insured amount.
Which are examples of a service business? (Check all that apply)
Ford Dealership
Southwest Airlines
Procter & Gamble
McDonalds
Answer: Southwest Airlines, Ford Dealership & McDonalds
Explanation: For ex, airlines, banks, electronic support providers, law firms, plumbing repair companies, movie theaters, and managing management consulting firms are pure service companies. Foodservice McDonald's outlets. In more than 100 countries worldwide, these restaurants offer a diverse, but small value list.
jerilyn has been approved for a home loan in the amount of $250,000 with two points. if one point equals one percent (1%) of the loan balance, what will the points cost jerilyn? how are the points shown at closing?
The cost of two points for Jerilyn's $250,000 home loan will be $5,000, shown as a fee on the closing statement.
To calculate the cost of points for Jerilyn's home loan, we need to determine the value of one point and then multiply it by the loan balance. Since one point equals one percent of the loan balance, we can find the value of one point by multiplying 1% (0.01) by the loan amount of $250,000:
Value of one point = 0.01 * $250,000 = $2,500
Therefore, the cost of two points for Jerilyn's home loan would be:
Cost of points = Value of one point * Number of points = $2,500 * 2 = $5,000
So, the points will cost Jerilyn $5,000.
At closing, the points are typically shown as a fee or charge on the closing statement or settlement statement. The exact presentation may vary depending on the specific format used by the lender or title company handling the closing. The fee will be disclosed as a separate line item, indicating the cost of the points.
In summary, the cost of two points for Jerilyn's home loan amounting to $250,000 will be $5,000, and the points will be shown as a fee or charge on the closing statement.
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I don't have moey. What is the best job to get when you're in middle school?
Answer:
You can work at publix as a cashier. They acept 14 year olds. And ur in 8th grade as 14 which is in middle school.
Explanation:
This is the best job u can get as a kid
also brainlist me pls
Harry and Hanson were partners in a firm sharing profits and losses in the ratio 3:2. Their capital was $300,000 and $150,000 respectively and they were entitled to interest on capital of 25% per annum. At the end of the firm's financial year December 31, 2019, the firm earned profit of $180,000 after allowing for interest on capital. Given this information, the profits that will be distributed among the partners will be:
Answer:
JOURNAL
1. Cash a/c... Dr. 350000
To C's Capital a/c 200000
To Premium for Goodwill a/c 150000
(Being capital and premium for goodwill brought in by C)
2. Premium for Goodwill a/c... Dr. 150000
To A's Capital a/c 110000
To B's Capital a/c 40000
(Being premium for goodwill distributed among the partners in the ratio of 11:4)
3. A's Capital a/c.... Dr. 55000
B's Capital a/c.... Dr. 20000
To Cash a/c 75000
(Being half of the premium for goodwill withdrawn by the partners)
Calculation of sacrificing ratio:
A's sacrifice= 3/5- 2/7= 11/35
B's sacrifice= 2/5- 2/7= 4/35
Sacrificing ratio= 11:4
Based on the information given the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
Given:
Profits and losses sharing ratio=3:2
Profit earned=$180,000
Hence:
Profit sharing
Harry Profit=3/(3+2)×$180,000
Harry Profit=3/5×$180,000
Harry Profit=$108,000
Hanson Profit=2/(3+2)×$180,000
Hanson Profit=2/5×$180,000
Hanson Profit=$72,000
Inconclusion the profits that will be distributed among the partners will be: Harry $108,000; Hanson $72,000.
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In a perpetual system, the entry to record a purchase of merchandise on account includes a _____. (Check all that apply.)
a. credit to Inventory
b. debit to Accounts Payable
c. credit to Accounts Payable
d. debit to Accounts Receivable
e. debit to Inventory
f. credit to Accounts Receivable
In a perpetual system, the entry to record a purchase of merchandise on account includes a credit to Accounts Payable, debit to inventory.
What is accounts?The process of gathering, accumulating, and reporting information on business organization and financial written evidence. Also, this system's guidelines and practices. As a first-year student, I studied explanation work done in accounting or by accountants.
As credit to Accounts Payable - when the establishment is released from its legal obligation to pay the financial obligation. Accounts payable are a type of susceptibility, meaning they are a debt your company owes.
As debit to Inventory - The costs of the goods that were traded are credited to merchandise and are debited to the financial gain statement account, Cost of Advantages Sold.
Therefore, The right option (C and E) is correct.
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Stephanie has a homeowners insurance policy for her $355,000 home with an annual premium of $0. 42 per $100 of value and a deductible of $500. Under this policy, in the event of a major mishap, Stephanie would have a total annual out-of-pocket expense of Left-bracket (355,000 dollars divided by 100) times 42 cents right-bracket 500 dollars = 1,991 dollars. Stephanie would like to lower her premium by increasing her deductible. If Stephanie wants to increase her deductible to $1000, what annual premium would result in an annual out-of-pocket expense that is about the same as her current plan? a. $0. 16 per $100 of value b. $0. 28 per $100 of value c. $0. 35 per $100 of value d. $0. 46 per $100 of value Please select the best answer from the choices provided A B C D.
The annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is b. $0. 28 per $100 of value.
Data and Calculations:
Home value = $355,000
Annual premium rate = $0.42 per $100
Deductible $500
Total annual out-of-pocket expense = $1,991 ($355,000 x 0.0042 + $500)
New deductible = $1,000
New annual premium rate = $0.28
Total annual out-pocket expense based on the new premium rate = $1,994 ($355,000 x 0.0028 + $1,000)
Thus, the annual premium that would result in Stephanie's annual out-of-pocket expense that is about the same as her current plan is Option b.
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An airline promotion to business travelers is based on the assumption that two-thirds of business travelers use a laptop computer on overnight business trips.
a.) state the hypotheses that can be used to test the assumption.
h0:p
ha:p
b.) what is the sample proportion from an american express sponsored survey that found 365 of 543 business travelers use a laptop computer on overnight business trips (to 2 decimals)?
c.) what is the p-value (to 4 decimals)?
The answers of the airline promotion questions are: a) H0: p Ha: p ≈ 0.67 The significance level, α=0.05. b) = 0.67 c) p-value = P(z>0) = 0.5000
There is insufficient data to conclude that more than two thirds of business travelers utilize laptop computers when on overnight business trips. Promotion includes a wide range of activities aimed at increasing public awareness or advancing a product. When referring to a career, promotion is raising a worker's rank or position within a hierarchical system. Promotion, as used in marketing, describes raising interest in a product through marketing or a lower price. It can include increasing an employee's position, spreading word about certain product bargains, or generating interest in undervalued stocks. In the marketing industry, they are routinely given. The most frequent usage of the phrase is in reference to a work promotion.
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Phillipe has two job offers as given below and really has no preference for either company. Compare the total compensations for the job offers and explain which job you think Phillipe should accept and why. Company A Gross pay $62,000 Medical insurance $3,400 Paid time off $8,000 Retirement $2,700 Job expenses $800 Company B Gross pay $60,000 25% of gross pay in employee benefits
Answer:
Explanation:
He should accept job offer #1 bc it pays more and has more benefits.
in reviewing the project plan, a project professional sees that the first prototype must be completed by october 12. this would be best classified as a
This should be best categorized as little more than a ch4 is endeavor aim, according to the provided statement.
what being a professional entails?Most individuals believe that conducting yourself in a professional manner entails carrying out tasks and acting in a way that makes others perceive them as knowledgeable, dependable, and courteous. Professionals are an honor to not just themselves but to others as well.
What distinguishes a professional person?The eight pillars of professionalism are expertise, knowledge, agreeableness, integrity, esteem, empathy, appropriateness, as well as confidence. You may build your confidence to perform professionally wherever you work by finding strategies to develop each of these qualities.
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The complete question is-
In reviewing the project plan, Susan sees that the first prototype must be completed by October 12. This would be best classified as a ch4 Select one: a. Project objective b. Project target. c. Critical goal. d. Milestone. e. Limit item. Clear my choice Previous page
This circle graph shows the results of a survey that asked people to identify their favorite type of music. What percent of people chose rock or country as their favorite type of music?
Answer:
answer 45
Explanation:
Answer:
45%
Explanation:
Which joint force fundamental deals with the most overwhelming force possible based not only on the quantity of forces and material committed, but also on the quality of their planning and skill of their employment
The joint force fundamental that deals with the most overwhelming force possible based not only on the quantity of forces and material committed, but also on the quality of their planning and skill of their employment is Mass.
Mass is one of the nine joint force fundamentals that serve as guiding principles for joint force commanders and their staffs. It involves concentrating the effects of combat power at the decisive place and time to achieve a disproportionate advantage over the enemy.
This can be achieved through the coordinated and synchronized use of all available forces and resources, including information, in a manner that maximizes their collective impact.
The principle of Mass recognizes that the effectiveness of military force is not just determined by the number of troops or the amount of equipment, but also by the quality of planning and execution.
A joint force must strive to achieve the maximum possible combat power through the most effective use of available resources to achieve decisive victory over the enemy.
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Which of the following is not part of the balance of payments
Option (d), Each is taken into account in the payment balance. The balance of payments is composed of three components: the current account, capital account, and finance account.
What is excluded from the balance of payments?The current account of the balance of payments does not include investments. The current account of payment balance is calculated by averaging the balance of trade, netfactor income, and net transfer payment. Current account for the BOP is either positive, indicating a surplus, or negative, indicating a deficit.
Economic surplus is one of the balance of payments' components, right?The trade of goods and services affects the country's balance of payments. If a country is able to export more goods and services than it can import, it is said to be in a surplus.
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Students in the new MBA class at a state university have the following specialization profile:
Finance—83
Marketing—36
Operations and Supply Chain Management—72
Information Systems—59
Find the probability that a student is either a finance or a marketing major. Are the events finance specialization and marketing specialization mutually exclusive? If so, what assumption must be made?
The events finance specialization and marketing specialization are not mutually exclusive because some students may have dual specializations.Assumption: If the events finance specialization and marketing specialization are mutually exclusive, the assumption made is that no student has dual specialization.
Given that,Students in the new MBA class at a state university have the following specialization profile:Finance—83 Marketing—36 Operations and Supply Chain Management—72 Information Systems—59 To find the probability that a student is either a finance or a marketing major, we will calculate the sum of the students in the Finance and Marketing specialization. Therefore, the probability of a student is either a finance or a marketing major isP(Finance or Marketing) = P(Finance) + P(Marketing)
= 83/250 + 36/250
= 119/250.
The events finance specialization and marketing specialization are not mutually exclusive because some students may have dual specializations.Assumption: If the events finance specialization and marketing specialization are mutually exclusive, the assumption made is that no student has dual specialization.
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Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions: Round your answers to one decimal placea. What would be the percentage change in nominal GDP? b. What would be the percentage change in real GDP?Suppose the prices of both apples and bread double between year 1 and year 2 and quantities remain unchanged. Instructions: Round your answers to one decimal place a) What would be the percentage change in nominal GDP?% b) What would be the percentage change in real GDP?
Answer:
1. Suppose Quantity of Apple sold in year one & two = 100Kg.
Price in year 1 = $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price * Quantity = 1.50*100 = $150
Nominal GDP year 2 = 3*100 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1 = Nominal GDP of year 1 = $150
Real GDP of year 2 = 1.50*100 = $150
Change in Real GDP = 0%
2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units
a. Nominal GDP year 1 = 1*100+1.5*100 = $250
Nominal GDP year 2 = 2*100+3*100 = $500
Percentage change in Nominal GDP = 500-250/500 * 100 = 100%
b. Real GDP year 1 = $250
Real GDP year 2 = 1*100 + 1.5*100 = $250
Percentage change in Real GDP = 0%
The percentage change in nominal GDP is 100% and the Change in Real GDP is 0%.
Percentage change in nominal GDP1. Price in year 1
Price in year 1= $1.50 per kg
Price in year 2 = $3.00 per kg
Nominal GDP 1 = Price ×Quantity
Nominal GDP 1 = 1.50×100
Nominal GDP 1 = $150
Nominal GDP year 2 = 3×100
Nominal GDP year 2 = $300
Change in Nominal GDP = $150
Percentage change in Nominal GDP = 100%
b. Real GDP of year 1
Real GDP of year 2 = 1.50×100
Real GDP of year 2 = $150
Change in Real GDP = 0%
2a. Nominal GDP year 1
Nominal GDP year 1 = 1×100+1.5×100
Nominal GDP year 1 = $250
Nominal GDP year 2 = 2×100+3×100
Nominal GDP year 2= $500
Percentage change in Nominal GDP = 500-250/500 ×100
Percentage change in Nominal GDP = 100%
b. Real GDP year 1
Real GDP year 2 = 1×100 + 1.5×100
Real GDP year 2= $250
Percentage change in Real GDP = 0%
Inconclusion the percentage change in nominal GDP is 100%.
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when employees suggest changes in a positive way and make innovative suggestions for change, they are exhibiting:
when employees suggest changes in a positive way and make innovative suggestions for change, voice behavior is exhibited:
Voice conduct refers back to the behavior that proactively situations the status quo and makes constructive modifications. preceding studies have explored the antecedents of personnel' voice conduct, however to whom employees are probably to voice their thoughts has remained not often tested.
voice conduct is difficult and transformative in nature, therefore, voice conduct is regularly accompanied by struggle or hazard, which made employees more careful approximately voice. therefore, employees frequently select to “know but keep silent,” and generally tend to accurately guard themselves. The phenomena are in particular obvious in China’s enterprise, in which concord is valued and with higher electricity distance.
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to debit a revenue means which of the following?
a. increase its position
b. decrease revenue
c. increase revenue