According to Joseph Schumpeter, creative destruction describes a process by which new products unleash a gale of destruction that drives old products out . In other words, creative destruction refers to constant process of innovation and change. The correct answer is option B
This process can be broken down into several steps: Innovation: Entrepreneurs and businesses develop new products, services, or technologies that have the potential to disrupt the existing market and offer better solutions to consumers.
Adoption: Consumers adopt these new products or technologies, recognizing their value and benefits over the old ones. Competition: As the demand for the new product or technology grows, it creates competitive pressure on the producers of the old products, forcing them to adapt, improve or risk losing their market share.
Obsolescence: Eventually, the old products become obsolete as the new ones dominate the market. Reallocation of resources: The resources that were once invested in the old products and technologies are now redirected towards the new ones, fostering further innovation and growth in the economy.
Creative destruction is a fundamental aspect of a healthy, dynamic economy, as it enables the constant evolution and improvement of products and services. Therefore correct answer is option B
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Professionals guided by _________________________________ generally do whatever the situation allows them to get away with, without regard to the wider longer-term reputation of their firm or themselves.
Professionals guided by "short-term opportunism" generally do whatever the situation allows them to get away with, without regard to the wider longer-term reputation of their firm or themselves.
Short-term opportunism refers to a mindset where professionals prioritize immediate gains or benefits, often at the expense of long-term consequences or ethical considerations. Such individuals may engage in questionable or unethical practices if they believe they can benefit in the short run, without considering the potential harm to their reputation, their firm's reputation, or the overall trust and integrity of their profession.
Professionals guided by "short-term opportunism" generally do whatever the situation allows them to get away with, without regard to the wider longer-term reputation of their firm or themselves.
It is important for professionals to act with integrity, ethical awareness, and a long-term perspective in order to uphold their personal reputation, the reputation of their firm, and the overall credibility of their profession.
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what is the first step in planning and executing an advertising campaign?
The first step in planning and executing an advertising campaign is to define the campaign's goals and objectives. This helps ensure that the campaign is focused and effective and provides a basis for evaluating its success.
Planning and executing an advertising campaign involves several steps, including:
Defining campaign goals and objectives: As mentioned, this involves setting specific, measurable targets for what the campaign should achieve.Identifying the target audience: Knowing who the campaign is aimed at helps to create messaging and select advertising channels that will be most effective.Developing a creative strategy: This involves developing a theme or message for the campaign, as well as selecting the creative elements such as images, copy, and video that will be used.Selecting advertising channels: Once the creative strategy is developed, the next step is to identify the advertising channels that will be used to reach the target audience, such as social media, print ads, or TV commercials.Creating and placing the advertising: This step involves producing the advertising content and placing it in the selected channels.Learn more about planning here:
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Nola Potter earns a salary of $1,200 a month and a commission of 7.5% on all sales over $4,000. This month her sales were $21,400. Find her total earnings for the month.
Answer:
$ 2,805
Explanation:
Nora has a salary of $1200
The commission is paid on all sales above $4000 at 7.5%
Current month sales are $21,400.
Commissions to be paid will be 75% of $21,400
=7.5/100 x $21,400
=0.075 x 21,400
=$1,605
Nora's total earnings will be salary plus commissions
=$1,200 +$1,605
=$ 2,805
Quaker Oats has been around for over 100 years. The company’s marketers have continued to extend its market reach by adding new flavors and combining them with new products like Oatmeal Cookies, Oat Bars, and Quaker Oat & Yogurt Sandwich Biscuits. Quakers’ marketers have done a good job at:
Quaker Oats has been around for over 100 years Quakers’ marketers have done a good job at Not - controlling the oat product life cycle.
What is The importance of extending market reach?An excellent strategy for raising brand awareness in your target audience is to extend your reach. Because it enables you to make wise marketing decisions and efficiently employ your resources.
In the given case, it is explained that Since more than 100 years ago, there have been Quaker Oats. By introducing new flavors and pairing them with fresh items, the company's marketers have continued to expand their market reach.
In the given case it is described that Quaker Oats continuously worked on introducing new products for the customer and did not focus on controlling the product life cycle.
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In addition to saving money, what are some other ways you can show financial responsibility?
Answer:
you could start a savings a acount or a 401k plan to help with future problems or you could save for a new car.
Explanation:
distinguish between true and false ribs
Different sets of ribs in the human ribcage are referred to as true ribs and false ribs.
The first seven pairs of ribs in the ribcage are considered true ribs. They are known as "true" ribs because they have distinct costal cartilages that allow them to connect directly to the sternum (breastbone).
For flexibility and mobility, each genuine rib has its own costal cartilage that extends anteriorly and joins with the sternum directly.
The ribs that are not immediately attached to the sternum are referred to as false ribs. The eighth, ninth, and tenth pairs of ribs are among them. The sternum is not directly attached to the false ribs on its own. Instead, the rib cartilage above them is where their costal cartilage are joined.
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What is Scrum in agile Mcq?
A lightweight framework for complex problems. An easy-to-use software program improvement methodology. A software improvement method for large groups to follow. An Agile method to software program development.
What is scrum?In short, scrum is a framework for effective collaborations among groups working on complex products. Scrum is a type of agile science that consists of meetings, roles, and equipment to help teams working on complicated projects collaborate and better shape and manage their workload.
The key difference between Agile and Scrum is that while Agile is a assignment management philosophy that makes use of a core set of values or principles, Scrum is a particular Agile methodology that is used to facilitate a projec
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https://brainly.com/question/30090563#SPJ4Almost all economists agree that a legitimate role for the government is
One legitimate role for the government is to provide public goods and services. Public goods are those that benefit the entire population.
What is legitimate ?Legitimate is defined as something that is lawful, authorized, or in accordance with the law. It can also refer to something that is genuine, authentic, and accepted as valid.
such as national defense, infrastructure, and education. These goods are often provided by the government because private businesses would not be able to make a profit from providing them. Additionally, the government can provide services such as healthcare and social security that would otherwise be too expensive for individuals to purchase on their own.
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Marissa and raj are equal general partners in a business. They are content with their current management and tax situation but are uncomfortable with the idea of unlimited liability. If they wish to remain as the only two owners of the business, which form of business entity should they consider to replace their current arrangement?.
If they hope to keep enjoying their tax status but without unlimited liability, they should set up a limited liability company.
Features of a limited liability company. Partner liability is only limited to amount invested. Allows between two and more than a thousand partners.If Merissa and Raj set up a limited liability company, they will no longer be bound by unlimited liability and can be the sole owners of the company.
In conclusion, they should set up a limited liability company.
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In a given town, demand for fish is given by P = 4726 - 13 * Q, where P and Q are fish price and fish quantity (in tons) demanded. What is Consumer Surplus if the one tone of fish price is $1232?
The Consumer Surplus when the price of one ton of fish is $1232 is $469,197.
In the given town, the demand for fish is given by P = 4726 - 13 * Q. To find the Consumer Surplus when the price of one ton of fish is $1232, follow these steps:
1. Find the quantity demanded at the given price: 1232 = 4726 - 13 * Q
2. Rearrange the equation to solve for Q: Q = (4726 - 1232) / 13
3. Calculate the quantity: Q = 3494 / 13 = 269 tons
4. Calculate the area of the triangle representing Consumer Surplus, which is (1/2) * base * height. The base is the quantity demanded (269 tons) and the height is the difference between the maximum price consumers are willing to pay (4726) and the actual price (1232).
5. Calculate Consumer Surplus: (1/2) * 269 * (4726 - 1232) = 469197
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Toni Nicolet's
checking account balance on Monday, April 13, is $540; her savings balance is $980. On
Tuesday, April 14, she made an ATM withdrawal from checking of $86. On April 15, Toni plans to make
these online payments: income tax bill, $823, utility bill, $98, and charge account bill, $127. How much
money, if any, will Toni have to transfer into her checking account from savings to cover the online
payments and leave a balance of $50 in the checking account?
Answer:
$644
Explanation:
Toni has a balance of $540 on her checking account
She made an ATM withdrawal of $86
The balance on her checking account after withdrawal is
= $540 - $86
=$454
Toni intended to pay online payments on Arpril 15. The total of the payments
=$823 + $98 + $127
=$1048
It means Toni has a deficit of
=$454- $1048
=($594)
If Toni desires a balance of $50 after payments, she must withdraw 594+50 from the savings account.
=596 + 50
=$644
Providing advice to a company to help with recommendations to improve performance is known as
consulting
job sharing
temporary employment
working remotely
Answer:
Job sharing maybe?
Explanation:
I'm not completely sure but it makes sense because you're "sharing" that job.
Answer:
Consulting
Explanation:
Consultants often are hired by companies to observe business practices and make recommendations to improve performance or to provide a service.
a person who receives benefits from a market transaction without having to pay for them is called a(n
A person who receives benefits from a market transaction without having to pay for them is called a "free rider".
This can occur in situations where goods or services are provided publicly, such as public parks, roads, or education. Free riders benefit from the goods or services without contributing to their cost, potentially leading to an inefficient allocation of resources and a market failure. Various solutions have been proposed to address free riding, such as implementing user fees or taxes to fund public goods, or enforcing legal requirements for contributions or participation. A market transaction is an exchange of goods or services between buyers and sellers in a marketplace. It involves a mutual agreement on price and terms of the transaction.
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A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?
Excise tax is levied in the __ of goods and services
Answer:
its probably buying
Explanation:
What factors determine the elasticity of resource demand? O Income of buyers In the market and ratlo of resource cost to total revenue OElasticity of product supply, ratio of resource cost to total revenue, and income of buyers in the market O Elasticity of product supply and price of the resource O Ease of resource substitutability, elasticity of product demand, and ratio of resource cost to total cost points
The factors that determine the elasticity of resource demand is Ease of resource substitutability, elasticity of product demand, and ratio of resource cost to total cost points. Thus, the correct answer is option D.
What is elasticity of resource demand?The elasticity of resource demand is determined by whether the resource has close substitutes, how much the cost of the resource accounts for the cost of the product, and the demand elasticity of the products that require the resource.
Resource demand elasticity = the % change in resource quantity divided by percentage change in resource price.
The factors that determine the elasticity are - Ease of resource substitutability, elasticity of product demand, and ratio of resource cost to total cost points.
Therefore, the factors determining the elasticity of demand is mention in the last option.
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Two firms, a and b, each currently dump 50 tons of chemicals into the local river. The government has decided to reduce the pollution and from now on will require a pollution permit for each ton of pollution dumped into the river. It costs firm a $100 for each ton of pollution that it eliminates before it reaches the river, and it costs firm b $50 for each ton of pollution that it eliminates before it reaches the river. The government gives each firm 20 pollution permits. Government officials are not sure whether to allow the firms to buy or sell the pollution permits to each other. What is the total cost of reducing pollution if firms are not allowed to buy and sell pollution permits from each other? what is the total cost of reducing pollution if the firms are allowed to buy and sell permits from each other?.
Total cost of reducing pollution if the pollution permit trading is not allowed is $4,500. This cost is reduced to $3,500 if the pollution permit trading is allowed.
Using unitary method, total cost can be calculated as:
total cost = cost per unit x number of units.
In the given problem,
data of Firm A
chemical waste = 50 tons
cost of eliminate pollutant = $100 per ton
pollution permit from government = 20 tons
total cost of reducing pollution of firm A = (50 - 20) x $100
= 30 x $100 = $3,000
data of Firm B
chemical waste = 50 tons
cost of eliminate pollutant = $50 per ton
pollution permit from government = 20 tons
total cost of reducing pollution of firm B = (50 - 20) x $50
= 30 x $50 = $1,500
Hence, total cost of firm A and firm B if they don't sell/buy pollution permit to each other = $3,000 + $1,500 = $4,500
If the firms are allowed in trading the pollution permit, then firm A will buy the pollution permit of firm B.
Hence, the costs are:
total cost of reducing pollution of firm A = (50 - 40) x $100
= 10 x $100 = $1,000
total cost of reducing pollution of firm B = 50 x $50 = $2,500
Hence, total cost of firm A and firm B if pollution permit trading is allowed = $1,000 + $2,500 = $3,500
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Business started by sulav investing cash
RS. 50,000 and bank balance RS. 100,000.
Answer:
particular. l.f. Dr.rs. Cr. rscash A/C. 50,000
BANK A/C 100,000
TO CASH A/C. 150,000
Business started by sulav investing cash Rs. 50,000 and bank balance Rs. 100,000 so the cash account on 150,000.
What is business?
The term “business” refers to earning a profit. The business is taking the risk and earning the profit. The business is mainly focused on the activities of the creation, distribution, and selling of concepts. The businesses are interested in the investment as a future perspective.
According to the business are the started by the investing cash are the bank balance to the bank are the based on the journal entry.
The journal entry on the statement on the business.
Date particular l.f. Dr. Cr.
cash a/c 50,000
Bank a/c 100, 000
To cash a/c 150, 000
As a result, business started by sulav investing cash Rs. 50,000 and bank balance Rs. 100,000 so the cash account on 150,000.
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Business Weekly conducted a survey of graduates from 30 top MBA programs. On the basis of the survey, assume the mean annual salary for graduates 10 years after graduation is 150000 dollars. Assume the standard deviation is 38000 dollars. Suppose you take a simple random sample of 98 graduates.
(a) Find the probability that a single randomly selected policy has a mean value between 139252 and 141171. 3 dollars.
P(139252 < X < 141171. 3) =?
(Enter your answers as numbers accurate to 4 decimal places. )
(b) Find the probability that a random sample of size n=98 has a mean value between 139252 and 141171. 3 dollars.
P(139252 < M < 141171. 3) =?
(Enter your answers as numbers accurate to 4 decimal places. )
Based on the mean annual salary and the standard deviation, the following are true:
Probability of P(139252 < X < 141171. 3) = 0.0193.Probability that random sample has P(139252 < M < 141171. 3) = 0.0081.What is the Probability of P(139252 < X < 141171. 3)?= P ( (139,252 - 150,000) / 38,000) < Z score < P ( (141,171.30 - 150,000) / 38,000)
= P(-0.28 < Z < -0.23)
Using Z table:
= (1 - 0.5910) - ( 1 - 0.6103)
= 0.0193
What is the Probability that random sample has P(139252 < M < 141171. 3) ?= P ( (139,252 - 150,000) / (38,000 / √98)) < Z score < P ( (141,171.30 - 150,000) /(38,000 / √98))
= P(-2.80 < Z < -2.30)
Using Z table:
= (1 - 0.9893) - (1 - 0.9974)
= 0.0107 - 0.0026
= 0.0081
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What is the best economic definition of pure competition?
The best economic definition of pure competition is a market structure in which many firms sell products that are similar in nature and consumers have easy access to information about the prices of products.
Pure competition is a situation that exists when many firms in a particular market are offering similar products, with few, if any, significant barriers to entry or exit. Pure competition is a market structure in which there is a perfect competition market model in operation. This is why perfect competition and pure competition are often used interchangeably. Economic definition of pure competition: Pure competition is a market structure in which many firms sell products that are similar in nature and consumers have easy access to information about the prices of products. In a perfectly competitive market, firms compete with one another in order to win over the largest share of the market. This competition drives down prices, while increasing the quality of products and services offered. This is why pure competition is considered to be an efficient market model.
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if financial management is the heartbeat of competitive businesses, what keeps that heartbeat stable?
Answer:
the lungs or the brain
Explanation:
what is the expected number of eggs that abc will sell to the consumers? what is the expected number of eggs that will be left over?
-2000 is the expected number of eggs that abc will sell to the consumers. To answer your question, we need to know a few more pieces of information. For example, we need to know how many eggs ABC has available to sell and how many consumers are expected to purchase eggs.
Assuming that ABC has 1000 eggs available to sell and there are 500 consumers who are likely to buy eggs, we can estimate the expected number of eggs that ABC will sell by using the following formula: Expected number of eggs sold = (Number of consumers x Average number of eggs purchased per consumer)
If we assume that each consumer will buy an average of 6 eggs, then the expected number of eggs sold would be:
Expected number of eggs sold = (500 x 6) = 3000. So, we can expect ABC to sell around 3000 eggs to the consumers.
To estimate the expected number of eggs that will be left over, we can subtract the expected number of eggs sold from the total number of eggs available for sale:
Expected number of eggs left over = (Total number of eggs available for sale - Expected number of eggs sold)
Expected number of eggs left over = (1000 - 3000) = -2000, This result indicates that ABC is likely to sell more eggs than they actually have available, which is not possible.
Therefore, we need to revise our assumptions and adjust our estimates accordingly. For example, we could assume that each consumer will buy an average of 4 eggs instead of 6, which would result in a more realistic estimate of the expected number of eggs sold and left over.
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Consider a second hand car market where three types of cars are being sold: High quality (H), medium quality (M) and low quality (L). Sellers value an H at $2000, an M at $1200 and an L at $800, whereas buyers value an H at $1800, an M at $1600 and an L at $1400. As discussed in the "Akerloff's Lemons Market", sellers are able to distinguish between different quality cars but buyers are not and a buyer believes that in this market 40% of the cars is an H, 30% of the cars is an M and 30% of the cars is an L. a) Determine which type of cars will be sold at the efficient allocation. b) Determine which type of cars will be sold at the market equilibrium.
Answer:
a) Determine which type of cars will be sold at the efficient allocation.
All cars would be sold in a Pareto efficient allocation.
In a Pareto efficient market, resources are all allocated in teh most efficient possible way. This is the reason why this is just a theoretical concept that does not necessarily apply in real life.
b) Determine which type of cars will be sold at the market equilibrium.
Since consumers are only willing to pay up to $1,620 for a used car, only medium quality and low quality cars will be sold. The price of high quality used cars is higher than the equilibrium price.
Explanation:
the most a buyer would be willing to pay for a used car is ($1,800 x 40%) + ($1,600 x 30%) + ($1,400 x 30%) = $720 + $480 + $420 = $1,620
what is a loan agreement and why is it important
Answer:
Loan agreements are an important part of borrowing money; they protect both the borrower and the lender. A loan agreement spells out the details of the transaction, including the loan amount, the interest rate, and the terms.
Explanation:
The period of a civil trial where the two litigants attempt to gather information to bolster their cases is called the _____. a. investigation b. discovery c. pleadings d. evidentiary please select the best answer from the choices provided a b c d
The period of a civil trial where the two litigants attempt to gather information to bolster their cases is called the investigation. Option A is correct.
This information gathering process involves various methods such as requesting documents, interviewing witnesses, and issuing subpoenas to obtain evidence.The discovery phase is an essential part of any civil trial as it allows both parties to gain a better understanding of the strengths and weaknesses of their cases. This information can help them to prepare for trial, negotiate settlements, or make informed decisions about whether to proceed with the case.
During the discovery phase, litigants are required to disclose all relevant information, including evidence that supports their case or undermines the other party's case. Failure to provide this information could result in sanctions or other penalties. The discovery process is also subject to various rules and procedures set out in the Federal Rules of Civil Procedure, which govern civil litigation in the United States.
In conclusion, the period of a civil trial where the parties attempt to gather information to bolster their cases is called the discovery phase. This is a critical stage of the litigation process, as it allows both parties to gather evidence, evaluate their case, and prepare for trial. Therefore option A is correct.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Which of the following is NOT one of the four components of the business process
Answer:
mark me as the brainliest plss
Novak Corp. sells three different categories of tools (small, medium, and large). The cost and net realizable value of its inventory of tools are as follows. Determine the value of the company's inven
The net realizable value for each category by multiplying the quantity by the net realizable value per unit
To determine the value of Novak Corp.'s inventory, we need to calculate the value of each category (small, medium, and large) by considering the cost and net realizable value.
First, let's assume that the inventory quantities are as follows:
Small tools: 500 units
Medium tools: 300 units
Large tools: 200 units
Now, let's consider the cost and net realizable value for each category of tools:
Category: Small Tools
Cost per unit: $50
Net realizable value per unit: $60
Category: Medium Tools
Cost per unit: $80
Net realizable value per unit: $90
Category: Large Tools
Cost per unit: $120
Net realizable value per unit: $150
To calculate the value of each category's inventory, multiply the quantity by the cost per unit. Then, determine the net realizable value for each category by multiplying the quantity by the net realizable value per unit.
Finally, sum up the values of all three categories to get the total value of Novak Corp.'s inventory.
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Someone Help This Is Due today !!!!
Match the Professionalism term with its meaning
1.
Accountability
2.
Integrity
3.
Punctuality
4.
Productivity
5.
Initiative
a.
doing your job as efficiently and effectively as possible
b.
doing the right thing, even when no one is watching
c.
being responsible for your actions and words
d.
being on time
e.
to take charge or do things without being told
Answer:
Number 1
Explanation:
Number 1 is correct
All of the following statements are true regarding negotiated municipal underwritings EXCEPT the:A initial offering price of each maturity must be disclosedB spread must be disclosedC participation amount of each underwriter must be disclosedD customer must be sent a copy of the Official Statement, if available
Answer:
D
Explanation:
customer must be sent a copy of the official statement, if available