The correct alternative to regulation includes the cost-benefit analysis in which the costs to the government are compared to the benefits of the regulation to society.
A cost-benefit analysis is used as a tool to determine whether the government should initiate a regulation. It is a calculation and comparison of the expected costs of implementing the regulation to the expected benefits from the regulation to society.
What is the purpose of regulation?
Regulation is intended to ensure that businesses and other organizations function according to pre-defined rules and standards. This helps to safeguard consumers from dangerous goods and services and ensures that businesses and other organizations operate fairly and in the best interests of their customers.
Regulation can be in the form of laws, rules, and guidelines that businesses and other organizations are required to follow.
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What do critics who claim that tradable emission allowances are equivalent?
Companies obtain or purchase emission allowances within the quota, which they can trade as needed.
What is emission?Emission refers to the release or discharge of a substance into the environment, typically in the form of gases, liquids, or solid particles. This can occur naturally through processes such as volcanic activity or wildfires, but it is often a result of human activity, such as the burning of fossil fuels or industrial processes. Emissions can have negative impacts on the environment, including air pollution, soil and water contamination, and the emission of greenhouse gases that contribute to climate change. The emission of certain pollutants, such as sulfur dioxide and nitrogen oxides, can cause acid rain and smog. In order to reduce emissions and protect the environment, many countries have established emissions standards and regulations that limit the amount of pollutants that can be released into the air and water.
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Read article from Halliday and Dong "SmoothPay: Growing A Mobile Payment Use Base"
Use Porter’s Five Forces model to assess the competition in this industry for SmoothPay.
Porter's Five Forces model is a framework used to analyze the competitive forces within an industry. It helps identify the level of competition and the attractiveness of the industry for potential new entrants. Let's apply this model to assess the competition in the industry for SmoothPay, as discussed in the article "SmoothPay: Growing A Mobile Payment Use Base" by Halliday and Dong.
1. Threat of new entrants: This force evaluates the ease with which new companies can enter the market and compete with existing players. In the mobile payment industry, the threat of new entrants is relatively high due to the low barriers to entry. Many companies can develop mobile payment solutions, which increases the competition for SmoothPay.
2. Bargaining power of suppliers: Suppliers in the mobile payment industry include technology providers, payment networks, and financial institutions. If these suppliers have strong bargaining power, they can increase costs or limit resources, affecting SmoothPay's profitability. However, as the industry has multiple suppliers and alternative options, the bargaining power of suppliers may be moderate.
3. Bargaining power of buyers: Buyers in the mobile payment industry are individuals and businesses that use mobile payment services. The bargaining power of buyers is generally low since they have limited influence on the prices and services offered by mobile payment providers like SmoothPay. However, if there are many other competitive mobile payment options available, buyers might have more bargaining power.
4. Threat of substitutes: Substitutes are alternative products or services that can fulfill the same needs as mobile payments. In the case of SmoothPay, potential substitutes could be traditional cash payments, credit cards, or other mobile payment solutions. The threat of substitutes is moderate, as there are various alternatives to mobile payments, but the convenience and popularity of mobile payments provide some protection for companies like SmoothPay.
5. Intensity of competitive rivalry: This force assesses the level of competition among existing players in the industry. In the mobile payment industry, the intensity of competitive rivalry is high due to the presence of several established players and continuous innovation. SmoothPay faces competition from other mobile payment providers, which drives companies to differentiate their services and attract customers.
In conclusion, when using Porter's Five Forces model to analyze the competition in the industry for SmoothPay, we find that there is a relatively high threat of new entrants and a moderate bargaining power of suppliers. The bargaining power of buyers is generally low, but it can increase if there are many competitive options available.
The threat of substitutes is moderate, and the intensity of competitive rivalry is high. These factors highlight the importance of differentiation and innovation for SmoothPay to succeed and maintain its market position.
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In which of the following will equilibrium prices will spontaneously establish themselves, persisting until the forces of supply and demand change
The competitive market is the one wherein the equilibrium prices tend to spontaneously establish themselves, while also persisting until the forces of supply and demand are affected by the changes.
A competitive market can be easily interpreted as a type of market structure, which includes a number of buyers as well as sellers without many restrictions being imposed for their entry and exit from the market. Due to equal forces of demand and supply, there is usually an equilibrium in the market prices in such an economy where competition exists.
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Complete question
In which market structures will the equilibrium prices will spontaneously establish themselves, persisting until the forces of supply and demand change?
what is elasticity? the movement of a supply or demand curve in one direction or the other. the responsive of one economic variable to change in another economic variable. the slope of a supply or demand curve. the amount of flexibility the economy has to allocation of scarce resources.
Elasticity refers to the responsiveness or sensitivity of one economic variable to changes in another economic variable.
It measures the percentage change in one variable in response to a percentage change in another variable. Elasticity helps to quantify how much a change in one variable affects the other variable.
For example, price elasticity of demand measures how much the quantity demanded of a good or service changes in response to a change in its price. If the quantity demanded changes significantly in response to a small change in price, the demand is considered elastic. On the other hand, if the quantity demanded changes only slightly in response to a large change in price, the demand is considered inelastic.
Elasticity provides insights into the responsiveness of economic variables and helps in understanding market dynamics, consumer behavior, and policy implications.
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gross domestic product is the sum of the market value of the:
Answer:
The Gross Domestic Product measures the value of economic activity within a country. Strictly defined, GDP is the sum of the market values, or prices, of all final goods and services produced in an economy during a period of time.
Explanation:
A utility company goes through proper legal procedure to acquire a portion of your property for a transmission line. However, it pays you only a small fraction of what the property it acquired is worth, and the city where your property is located refuses to intervene. What fundamental characteristic of rights does this violate
If the city that is involved refuses to act the fundamental right that is violated is the fact that
Government is obligated to protect particular rightsThe government protection of rights.The United States constitution has it that the rights of the citizens of the country are to be protected by the government.
The right to own properties is one of such rights. In this case the government is supposed to step in to defend the original owner of this property.
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is Jesus real? i'm so confused even though i am a Christian, i still don't believe that jesus is real
Answer:
i dont see any proof so nope he aint real
Explanation:
Answer:
Jesus is real
Explanation:
He is the son of the lord, and died for your sins. It's also been scientifically proven that he is real How could he not be real.
An organization uses a database and application development tools through a cloud provider's _____ services.
An organization uses a database and application development tools through a cloud provider's PaaS services.
What is the significance of PaaS service?PaaS stands for Platform as a service. Platform as a service a complete development and deployment environment in the cloud.
Platform as a service consist of resources that enable the organizations to deliver everything from simple cloud-based apps to the sophisticated, cloud-enabled enterprise applications.
Basicaly, PaaS is use to create business applications much more quickly than with on-site solutions.
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The flexible budget a. provides for adjustments in possible cost estimation errors. b. includes only direct material and direct labor costs. c. can be prepared for various levels of activity. d. includes only variable costs.
The flexible budget can be prepared for various levels of activity. A flexible budget is a dynamic financial plan that adjusts for changes in activity levels.
The correct answer is c.
A flexible budget is a dynamic financial plan that adjusts for changes in activity levels. It allows for the estimation of costs and revenues based on different levels of activity or production volume. By incorporating different activity levels, the flexible budget provides a more accurate representation of expected costs and revenues.
Unlike a static budget, which remains fixed regardless of actual activity, a flexible budget takes into account the potential variations in activity levels. It allows for adjustments in cost estimation errors that may arise due to changes in production, sales, or other factors impacting the business.
The flexible budget considers not only direct material and direct labor costs (b), but also other variable costs and fixed costs that are associated with different levels of activity. It provides a more realistic and adaptable financial plan that helps in monitoring and controlling costs effectively in response to changes in activity levels.
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The output effect means that a firm will ______. Multiple choice question. sell more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase less of one input when the price of another input falls and less of that particular input when the price of the other input rises purchase more of one input when the price of another input rises and less of that particular input when the price of the other input rises
Answer: Purchase more of one input when the price of another input falls and less of that particular input when the price of the other input rises
Explanation:
The Output effect is meant to explain what happens when the price of an input changes. If an input price increases for instance, production costs will rise and the company will have to buy less of other inputs to keep costs stable.
Conversely, if the price of other inputs fall, the company will see production costs fall which will enable them to purchase more of inputs which didn't change in price.
Outline how the marketing mix for Mars bars
may affect their level of impulse sales in a
small corner shop?
The 4 Ps are used and specified in the marketing mix to characterize a product's strategic positioning in the market.
E. Jerome McCarthy, who promoted the four-P classification he devised, was a notable figure to take center stage in 1960. "The marketing mix approach to marketing is a framework for developing and putting into practice market strategy.
Product, place, pricing, and promotion make up the main four components of the marketing mix. The four Ps are the names given to these variables. Numerous sources frequently compare the marketing mix to a recipe for creating a successful marketing strategy, where each ingredient is employed in a different way and at a different time depending on the good or service being marketed. To describe the components of the marketing mix, this study will draw on three sources.
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Does the Federal Reserve pay taxes?
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
describe five main characteristics of hire purchase
The five main characteristics of hire-purchase are following-
Payment of the installments are to be done by the buyer such that the hirer to the seller over the specified period of time.Buyer gets the possession of the goods immediately.The ownership of goods is transferred to the buyer only upon the payment of last installment.The hire purchase installment amount includes the principal amount as well as the interest charged upon it.Interest is generally charged on the flat rate.In hire purchase agreement there are two parties where one is the seller of the asset and one is the person who wants to buy such asset.
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Manitowoc Crane (U. S. ) exports heavy crane equipment to several Chinese dock facilities. Sales are currently 16. 000 units per year at the yuan equivalent of $25. 000 each. The Chinese yuan (renminbi) has been trading at Yuan8. 40/$, but a Hong Kong advisory service predicts the renminbi will drop in value next week to Yuan9. 10/$, after which it will remain unchanged for at least a decade. Accepting this forecast as given, Manitowoc Crane faces a pricing decision in the face of the impending devaluation. It may either (1) maintain the same yuan price and in effect sell for fewer dollars, in which case Chinese volume will not change; or (2) maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume Direct costs are 75% of the U. S. Sales price. What would be the short-run (one-year) impact of each pricing strategy?
In conclusion, based on the short-run impact analysis, Manitowoc Crane should choose Strategy 1, which involves maintaining the same yuan price and in effect selling for fewer dollars, but without a decrease in Chinese volume. This strategy would result in a positive profit of $111,619,040.
Maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume.
Let's analyze the short-run (one-year) impact of each strategy:
Strategy 1: Maintain the same yuan price and in effect sell for fewer dollars
At the current exchange rate of Yuan8.40/$, the price of each crane is:
$25,000 / Yuan8.40 = Yuan2,976.19
If the renminbi is devalued to Yuan9.10/$, the yuan price of each crane would remain the same, but the dollar price would decrease:
Yuan2,976.19 x Yuan9.10/$ = $25,676.19
The short-run impact of this strategy would be that Manitowoc Crane would continue to sell 16,000 cranes in China, but at a lower dollar value. The new dollar revenue would be:
$25,676.19 x 16,000 = $411,619,040
The direct costs are 75% of the U.S. sales price, which means the direct cost per crane is:
$25,000 x 75% = $18,750
The total direct cost of producing and selling 16,000 cranes would be:
$18,750 x 16,000 = $300,000,000
Therefore, the short-run profit for this strategy would be:
$411,619,040 - $300,000,000 = $111,619,040
Strategy 2: Maintain the same dollar price, raise the yuan price in China to offset the devaluation, and experience a 10% drop in unit volume
If Manitowoc Crane maintains the same dollar price of $25,000 per crane, it would need to raise the yuan price to offset the devaluation:
$25,000 / Yuan9.10 = Yuan2,747.25
This is a 8.0% increase from the current yuan price of Yuan2,976.19.
However, this strategy would result in a 10% drop in unit volume, so the new Chinese sales volume would be:
16,000 x 0.9 = 14,400 units
The new yuan revenue would be:
Yuan2,747.25 x 14,400 = Yuan39,542,800
At the new exchange rate of Yuan9.10/$, the dollar revenue would be:
Yuan39,542,800 / Yuan9.10/$ = $4,346,116.48
The direct cost per crane is still $18,750, so the total direct cost of producing and selling 14,400 cranes would be:
$18,750 x 14,400 = $270,000,000
Therefore, the short-run profit for this strategy would be:
$4,346,116.48 - $270,000,000 = -$265,883,552
This means that the company would actually lose money in the short-run by implementing this strategy.
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Which of the following is not true with regard to factor resource constraints and product mix decisions? The primary constraint for some merchandisers may be cubic feet of space available for the display of product. None of the items in this list of answers. Fixed costs do not affect product mix considerations. The size of the available pool of labor is an example of an expansion constraint. Constraints are factors that restricts production or sale of a product.
"Fixed costs do not affect product mix considerations" is not true with regard to factor resource constraints and product mix decisions.
Fixed costs, such as rent, salaries, and utilities, are costs that do not change with the level of production or the product mix. They are incurred regardless of the specific products being produced or sold. These fixed costs need to be allocated among the products in the product mix.
When making product mix decisions, businesses need to consider the impact of fixed costs on the profitability of different products. The allocation of fixed costs across the product mix can affect the contribution margin and ultimately influence the decision-making process.
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who is the father of accounting
Answer:
Luca PacioliExplanation:
He first described the system of double-entry bookkeepingn 1494
Answer:
Luca Pacioli is regarded as the Father of Accounting.
Explanation:
What is the best way to protect the environment when we shop? Do you agree with Adler’s view that what we buy is more important than what we carry it in? What answer would you propose to this environmental problem?
Keeping the shop surroundings clean and ensuring protection requires great effort both from the seller.
Sellers need to do the following to ensure good sanitation:
Ensure a good drainage system to prevent pillage of debris.Having a waste collector and make it empty everyday.Numerous cleaning pattern in a day.Fumigation are very important to keep the environment germs free.However, i agree with Adler’s because the value of a product or the value its offered is more important that what its look physically.
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Duke and pat collins have adjusted gross income of $358,000. they have itemized deductions of $20,000 consisting of $8,000 in medical expenses that exceed 10% of adjusted gross income, $3,000 in property taxes, $4,000 in housing interest, and $5,000 in miscellaneous itemized deductions that exceed 2 percent of adjusted gross income. what is the amount of their itemized deduction?
Answer:
$18,599
Explanation:
the $8,000 in medical expenses are 100% deductible,
but property taxes, housing interest and other miscellaneous deductions are not 100% deductible : $3,000 + $4,000 + $5,000 = $12,000
of the $12,000, you will be able to deduct $12,000 - [($358,000 - $311,300) x 3%] = $12,000 - $1,401 = $10,599
total itemized deductions = $8,000 + $10,599 = $18,599
An amount of is borrowed for years at interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back
To calculate the amount that must be paid back on a loan, you will need to use the formula for compound interest. The formula is:
A = P(1 + r/n)(nt)
Where:
A = the final amount to be paid back
P = the principal amount borrowed
r = the annual interest rate (expressed as a decimal)
n = the number of times interest is compounded per year
t = the number of years
To calculate the amount to be paid back, you will need to substitute the given values into the formula.
The final amount, A, will be the total amount to be paid back.
Please provide the values for the principal amount borrowed, the annual interest rate, the number of times interest is compounded per year, and the number of years so that I can assist you further with the calculation.
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When a newly elected senator establishes their office, how is their office budget determined?.
When a newly elected senator establishes their office , their office budget is determined by the size of the state the Senator represents.
The Congressional Budget Act of 1974 created the Senate Committee on Budget (Congress.gov). It is tasked with creating the annual budget plan for Congress and overseeing how the federal budget is being implemented, together with the House Budget Committee.
Additionally, the Congressional Budget Office is within the purview of the Budget Committees. The House and Senate come to an agreement on a budget plan for the forthcoming fiscal year and at least the next four fiscal years in the annual budget resolution.
The budget resolution is presented as a concurrent resolution, which means that it is not delivered to the president for his signature and does not become law. Nevertheless, it does offer a framework for further legislative action on the appropriations bills.
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Click this link to view O*NET’s Work Context section for Financial Analysts. Note that common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to O*NET, what are some common work contexts for Financial Analysts? Check all that apply.
a. indoors, environmentally controlled
b. face-to-face discussions
c. electronic mail
d. extremely bright lighting
e. cramped work space
f. spend time bending or twisting the body
The work context for financial analysts includes indoors, environmentally controlled, face-to-face discussions, and electronic mail.
Financial analysts are involved in the duties to provide businesses with guidance regarding their fund management, the performance of financial instruments, and financial market assessment.
According to O*NET, financial analyst performs their activities in indoor premises that have a controlling work environment in terms of work ethics and culture.
Another task of financial analysts is to have face-to-face discussions while meetings or presentations with investors and clients of the business regarding business financial goals and profitability.
Electronic mail is also used by analysts to coordinate with other departments and gather financial information.
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Answer:A,B,F
Explanation:Trust
Sometimes a liquid can be sitting there and its molecules will become a gas. That’s called
___________________________________________.
Answer:
Una vez que toda la sustancia está en estado líquido, al continuar calentando vuelve a subir la temperatura y llega un momento en que las fuerzas intermoleculares ya son incapaces de mantener juntas las moléculas del líquido, por lo que éste hierve y se convierte en un gas, se produce la ebullición.
what are four main criteria by which we evaluate sequencing rules?
These criteria are not always equally important, and the best sequencing rule for a particular situation will depend on the specific goals of the organization.
There are four main criteria by which we evaluate sequencing rules:
Makespan: The makespan is the total time it takes to complete all jobs in the queue. A good sequencing rule will minimize the makespan.
Average job lateness: The average job lateness is the average amount of time that each job is late. A good sequencing rule will minimize the average job lateness.
Utilization: Utilization is the percentage of time that the resources are being used. A good sequencing rule will maximize the utilization of the resources.
Tardiness: Tardiness is the amount of time that each job is late. A good sequencing rule will minimize the tardiness of all jobs.
For example, if the organization is concerned about meeting deadlines, then the makespan and average job lateness criteria would be more important. If the organization is concerned about maximizing resource utilization, then the utilization criteria would be more important.
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_____ are used to group individual jobs having approximately the same job worth.
Job grades or job levels are used to group individual jobs having approximately the same job worth. Job grades provide a systematic way to categorize and classify jobs within an organization based on their relative value or importance.
Jobs within the same grade typically share similar characteristics, skill requirements, responsibilities, and levels of complexity. This grouping enables organizations to establish a consistent and equitable framework for job evaluation, compensation, career progression, and organizational design. By aligning jobs into grades, organizations can establish internal equity by ensuring that jobs with similar levels of worth are compensated and treated fairly. Job grades also facilitate organizational planning and decision-making processes related to workforce management development.
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Your maitre'd's starting salary is $38,000/year. You have promised her an 8% raise per year for her first 5 years. What will yearly salary be after 5 years?.
Yearly salary will be after 5 years is $608. The money you earn in the first few months or years of employment is your starting salary.
Starting salary= $38,000/year
Per year raise = 8%
First year = 5 years
= $38,000*8%/5
= 3040/5
= $608
The money you earn in the first few months or years of employment is your starting salary. These details may have been included in the initial job description, in an interview with the employer, or in an employment contract. While some starting salaries are fixed and cannot be negotiated, the correct strategies can help you secure a better starting salary.
Choosing the right time to bring up compensation negotiation might be difficult. The instances in which it is appropriate to start a conversation with an employer about your wage expectations are covered in the following section.
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On March 1, the Mixing Department had 550 rolls of paper in process. During March, the Mixing Department completed the mixing process for those 550 rolls and also started and completed the mixing process for an additional 4,150 rolls of paper. The department started but did not finish the mixing process for arn additional 500 rolls, which were 20% complete with respect to both direct materials and conversion work at the end of March. Direct materials and conversion costs are incurred evenly throughout the mixing process.
Direct Direct Manufacturing Total
Materials Labor Overhead Allocated Costs
Beginning inventory, Mar. 1 $280 365 $ 4,125 180
Costs added during March 5,720 3,250 825 13,095
Total costs $6,000 4,490 3,430 13920
Journalize all transactions affecting the company's mixing process during March.
Prepare the journal entry to record the cost of the units completed and transferred out of the Mixing Department.
For the Mixing Department, the following journal entries are prepared.
Journal Entries:
1. Debit Work in Process $13,095
Credit Direct materials $5,720
Credit Direct labor $4,125
Credit Manufacturing overhead $3,250
To record costs of materials, labor, and manufacturing overhead allocated.2. Debit Transfer out $13,630
Credit Work in Process $13,630
To record the cost of units completed and transferred out.Data and Calculations:
Direct Direct Mfg o/h Total
Materials Labor Allocated Costs
Beginning inventory $280 $365 $180 $825
Costs added in March 5,720 4,125 3,250 13,095
Total costs $6,000 $4,490 $3,430 $13,920
Physical Direct Conversion
Units Materials Costs
Units to account for:
Beginning Work in process 550
Started in March 4,650
Total units to account 5,200
Completed & transferred 4,700
Ending work in process 500
Units accounted for:
Ending work in process 500 100 (20%) 100 (20%)
Completed & transferred 4,700 4,700 (100%) 4,700 (100%)
Total equivalent units 4,800 4,800
Direct Conversion Total
Materials Costs Costs
Costs to account for:
Beginning inventory $280 $545 $825
Costs added in March 5,720 7,375 13,095
Total costs $6,000 $7,920 $13,920
Total equivalent units 4,800 4,800
Cost per equivalent unit $1.25 $1.65
($6,000/4,800) ($7,920/4,800)
Costs accounted for:
Completed & transferred $5,875 $7,755 $13,630
(4,700 x $1.25) (4,700 x $1.65)
Ending inventory $125 $165 $290
(100 x $1.25) (100 x $1.65)
Total costs accounted $6,000 $7,920 $13,920
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What is the main function of a business?
A process in which two or more people with common or conflict interests decide on a specific issue or business transaction
Answer:
Negotiation.
Explanation:
An individual with power over the specific allocation and use of resources is generally required or expected to be able to use that power in the decision-making process and take necessary actions.
However, if such individual refuses to exercise his or her powers as stated above, it would generate a conflict due to the fact that processes that are fundamental for the smooth running of the system or business would not take place.
Negotiation can be defined as a process in which two or more people with common or conflict interests decide on a specific issue or business transaction.
Basically, negotiating may lead to the following situations; win-win, lose-lose or win-lose-lose-win.
Hence, it is very important and essential for parties involved in the execution of a project or business transaction to negotiate in order to mitigate conflicts.
Benjamin tells James at a company meeting that James has an unimportant job and still can't do it correctly. Benjamin is being ______. A. Communicative b. Intrepid c. Arrogant d. Humorous Please select the best answer from the choices provided A B C D
Answer:
C. Arrogant
Explanation:
May I have brainliest please? :)
Benjamin is being arrogant in nature when he told about James's job being less important and also that he doesn't do it correctly.
Option C is the correct answer.
What is arrogance?Arrogance is a characteristic of a person who feels to be the most superior one and treats their subordinates as inferior ones. It is a kind of having egoism in oneself.
In the given statement, Benjamin talks negatively about the job of his employee, James right in front of the company's meeting. He says to him that his job is not so important and also states that his incapability for the concerned job. These statements portray the arrogant nature of Benjamin.
Being the employer, he must support his employee in the company's meetings even if his employee is doing any mistakes. He can personally guide him about his weaknesses rather than disgracing him in the meeting.
Therefore, the provided statement shows his arrogant behavior of Benjamin toward his employee James.
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zoom in and examine the locations of faults relative to cities housing, businesses, freeways, and development in general. how would you describe the level of seismic hazard in the bay area?
The Bay Area is located in the seismically active region of California and is prone to earthquakes and other seismic activity.
Understanding the locations of faults relative to cities, housing, businesses, freeways, and development is key to assessing the potential level of seismic hazard in the region.
To provide an accurate assessment of seismic hazard, it is necessary to zoom in and examine the exact locations of the faults and how they are situated relative to the aforementioned structures.
By doing this, one can gain a better understanding of the seismic hazard present in the Bay Area and take the necessary precautions to protect against potential seismic activity.
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