If the CEO sends interviewers into a number of H&M stores to stop and ask customers whether they can take the survey, what is the sampling plan? O A Quota sampling Simple random sampling B. c Convenience sampling Judgment sampling
Answers
if the CEO sends interviewers into a number of H&M stores to stop and ask customers whether they can take the survey, the sampling plan being used is Convenience sampling. This is because the interviewers are selecting customers who are easily accessible and willing to participate in the survey.
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Related Questions
Why would you put money into a savings account?
A. To make frequent withdrawals
B. To access the money from this account with personal checks
C. To easily access money from this account with a debit card
D. To earn interest on your money
Answers
Determine whether the demand for the following product is likely to be elastic or inelastic Demand for cola is likely to be
Answers
Determine whether the demand for the following product is likely to be elastic or inelastic. Demand for cola is likely to be inelastic.
Inelastic demand refers to a situation where a change in price has a relatively small impact on the quantity of a good demanded. In the case of cola, it is a common and relatively inexpensive product with few close substitutes, meaning consumers are less likely to be price sensitive when choosing whether or not to purchase cola. Therefore, changes in the price of cola are unlikely to result in a significant change in the quantity demanded. Additionally, many consumers may have a brand preference and be willing to pay a higher price for a particular brand of cola, further indicating that demand for cola is likely to be inelastic.Overall, the demand for cola is likely to be inelastic, which means that a change in price is unlikely to significantly impact the quantity of cola demanded by consumers.
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why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be able to make good quality products for consumers?
Answers
Answer:
Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.
Explanation:
Hope this helped.. ;)
Pharmaceutical companies such as Pfizer and GlaxoSmithKline (GSK) have recently been accused of profiteering from the Covid crisis. Also, similar controversies surrounded these companies due to the high costs of drugs during the AIDS epidemic in Southern Africa in the past. The pharmaceutical industry claims that producing drugs requires many years of research and develop. Therefore, governments provide 20-year patents to the industry to generate sales and profits.
Some countries, like Australia, are demanding change. They argue that patent laws should be relaxed, allowing their local companies to produce cheaper generic alternatives. But, the pharmaceutical industry has made significant concessions including cutting the price of many of its drugs sold to governments.
The solution might be around the introduction of legislation and price controls. However, it is the unique structure of the industry and the patent system that is at the crux of the problem. In some cases, neither the patient who consumes the drugs, nor doctors who prescribe them are price sensitive because they do not pay for it.
You were hired as a business manager by Australian Health Ministers' Advisory Council (AHMAC) to negotiate access to cheaper generic medicines for the government.
⦁ Use cyclic innovation model (CIM) to illustrate the innovation process in this case.
Describe a pitch deck and elaborate on how you would present your ideas to the pharmaceutical industry.
Answers
The cyclic innovation model (CIM) can be used to illustrate the innovation process in the case of negotiating access to cheaper generic medicines. CIM consists of four stages: idea generation, idea selection, implementation, and evaluation.
In the context of negotiating access to cheaper generic medicines, the idea generation stage involves identifying the need for affordable drugs and exploring potential solutions. This could include relaxing patent laws, promoting local production of generics, and implementing price controls.
In the idea selection stage, the most viable and impactful ideas are chosen based on their feasibility, potential benefits, and alignment with the goals of the Australian Health Ministers' Advisory Council (AHMAC). This could involve analyzing the economic, legal, and ethical implications of each idea.
During the implementation stage, the chosen ideas are put into action. This may involve drafting legislation, engaging with pharmaceutical companies and stakeholders, and advocating for policy changes. Collaboration with other governmental agencies, healthcare professionals, and patient advocacy groups is crucial in driving the implementation process.
Lastly, the evaluation stage focuses on assessing the outcomes and impact of the implemented ideas. This involves monitoring the availability and affordability of generic medicines, tracking cost savings for the government and patients, and gathering feedback from stakeholders. Evaluation helps to determine the effectiveness of the strategies and identifies areas for further improvement.
Now, let's move on to the pitch deck and how you would present your ideas to the pharmaceutical industry. A pitch deck is a visual presentation that highlights key points and persuades the audience. In this case, the pitch deck should emphasize the benefits and rationale for adopting more accessible and affordable generic medicines.
Slide 1: Introduction
Start with a compelling opening that grabs attention.
Introduce yourself and your role as a business manager representing AHMAC.
Highlight the objective of the presentation: Negotiating access to cheaper generic medicines for the government.
Slide 2: Problem Statement
Outline the challenges faced by patients, healthcare providers, and the government in accessing affordable medicines.
Mention the controversies surrounding high drug costs during the COVID crisis and the AIDS epidemic in Southern Africa.
Slide 3: Solution Overview
Present an overview of the proposed solution, including the relaxation of patent laws, local production of generics, and price controls.
Explain how these measures can increase affordability, improve patient access, and reduce the burden on the healthcare system.
Slide 4: Benefits and Impact
Highlight the benefits of the proposed solution, such as cost savings for the government, improved public health outcomes, and enhanced affordability for patients.
Showcase statistics or case studies to illustrate the potential impact of the solution.
Slide 5: Implementation Strategy
Outline the steps and timeline for implementing the proposed solution.
Discuss the collaboration with pharmaceutical companies, government agencies, and other stakeholders.
Emphasize the importance of finding a mutually beneficial solution for all parties involved.
Slide 6: Legislation and Price Controls
Discuss the need for legislation to support the proposed changes.
Explain how price controls can ensure fair pricing while maintaining a sustainable pharmaceutical industry.
Address any concerns or objections the pharmaceutical industry may have and propose potential compromises.
Slide 7: Evaluation and Continuous Improvement
Describe the evaluation process to measure the effectiveness and impact of the implemented measures.
Highlight the commitment to continuous improvement and adapting strategies based on feedback and outcomes.
Slide 8: Conclusion and Call to Action
Summarize the key points and benefits of the proposed solution.
Encourage the pharmaceutical industry to embrace change and collaborate in finding a win-win solution.
End with a strong call to action, expressing the desire to work together towards affordable and accessible healthcare.
Remember to design the pitch deck with visually appealing slides, concise bullet points, and impactful visuals to engage and persuade the audience. Be prepared to address questions, concerns, and objections raised by the pharmaceutical industry during the presentation.
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A man worked to construct a bridge. The first unit took 10 hours
with a 70% learning curve. The third unit should take how many
hours?
a. 6.2
b. 7.0
c. 5.7
d. 4.7
Answers
Learning Curve: It is a graphical representation of the rate at which an individual is learning. This curve is a plot of the experience acquired by an individual while performing a specific task or job against the individual's productivity in performing that job.
A man worked to construct a bridge. The first unit took 10 hours with a 70% learning curve. Given data: Initial Time, t₁ = 10 hrs Learning rate or Learning Curve, B = 70%Number of units = 3rd unit, n₃ = 3.
Now, we need to find the time taken by the third unit, i.e., t₃. Here, the learning curve equation is: \(Tn = T1 * n^log(1/B)\)Substituting the given values in the equation, we get:\(T₃ = 10 * 3^log(1/0.7)\)On solving this equation, we get: T₃ = 4.7, Therefore, the time taken by the third unit is 4.7 hours. Hence, the correct option is d. 4.7.
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What do you start paying taxes
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Hi!you start paying taxes because taxes help to support common resources, such as police and firefighters.
Describe at least two capital investments that would increase growth for your business. In other words, how might you expand the frontier of your production possibilities curve? Explain how your capital investments would help, and classify each investment by category: facilities, equipment, labor, marketing, or expansion. (Business would be making baked goods and drawings.
Answers
While the second would fall under marketing. Other potential capital investments for a business like this might include expanding facilities (such as renting a larger kitchen or office space), hiring additional labor to increase production, or expanding the product line to include new baked goods or artwork.
What is Capital Investment?
Capital investment refers to the purchase of long-term assets or investments that are expected to provide benefits for the company over a prolonged period. These investments are intended to generate income or increase productivity and efficiency, rather than be used for immediate consumption.
Online Marketing Campaign (Marketing): Another way to expand the business could be to invest in an online marketing campaign. This might involve hiring a marketing consultant to develop a social media strategy or creating targeted ads to reach a wider audience.
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Which of the following is NOT an organization to protect consumers?
The American Red Cross
The U.S. Food and Drug Administration
Federal Trade Commission
Better Business Bureau
Answers
Answer:
It might be D- whic
In New Jersey, a foreign insurer is one formed under the laws of
A. New Jersey and doing business in other states.
B. New Jersey and doing business in New Jersey.
C. another state and doing business in New Jersey.
D. another country and doing business in New Jersey.
Answers
C. Another state and doing business in New Jersey.
In New Jersey, a foreign insurer refers to an insurance company that is formed under the laws of another state and is conducting business operations within the state of New Jersey.
let's consider an example: Suppose there is an insurance company called ABC Insurance Incorporated, which is based in California and operates under the laws of California. If ABC Insurance Incorporated is granted authorization to conduct insurance activities in the state of New Jersey, it would be considered a foreign insurer in New Jersey.
Foreign insurers are required to meet certain criteria and follow specific regulations to operate within New Jersey. They must obtain a license or be granted admission by the New Jersey Department of Banking and Insurance to conduct business in the state. This ensures that the foreign insurer complies with the necessary regulations, maintains financial stability, and safeguards the interests of policyholders and the general public in New Jersey.
It's important to note that foreign insurers can also operate in multiple states across the United States, not just in New Jersey. This allows insurance companies to expand their reach and offer their products and services to customers in different jurisdictions while adhering to the respective regulations of each state.
In summary, a foreign insurer in New Jersey is an insurance company that is formed under the laws of a state other than New Jersey but has been granted permission to conduct insurance business within the state of New Jersey, following the necessary regulatory requirements.
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countries can encourage trade by minimizing interference with the free exchange of goods and services.
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By avoiding interference with the free exchange of goods and services, governments of developing nations can promote commerce.
What is an illustration of a developing country?A sovereign state that is considered to be in development has a less developed industrial base than other nations do, as well as a lower HCI. That being said, not everyone agrees with this definition. The nations that fall into this group are likewise not clearly agreed upon. With a less developed and sophisticated economy than established countries, a developing nation also known as a less developed nation or an emerging market has a lower GDP. Developing Country List and Illustrations. An example of a developing nation that struggled to achieve complete development include Micronesia, Sudan, and Cambodia.To learn more about developing nations, refer to:
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A company must decide between scrapping or reworking units that do not pass inspection. The company has 10,000 defective units that have already cost $132,000 to manufacture. The units can be sold as scrap for $31,000 or reworked for $50,000 and then sold for $89,000 (a) Prepare a scrap or rework analysis of income effects. (b) Should the company sell the units as scrap or rework them?
Answers
(a) The scrap or rework analysis of income effects is prepared as follows:
Cost of producing defective units that can be sold as scrap = $132,000
Revenue from selling the units as scrap = $31,000
Net loss from selling the units as scrap = Cost of producing defective units that can be sold as scrap - Revenue from selling the units as scrap
= $132,000 - $31,000
= $101,000
Cost of reworking the defective units = $50,000
Revenue from selling the reworked units = $89,000
Net profit from reworking the defective units = Revenue from selling the reworked units - Cost of reworking the defective units
= $89,000 - $50,000= $39,000
(b) The company should rework the units. The net loss from selling the units as scrap is $101,000 while the net profit from reworking the defective units is $39,000. Hence, the company should rework the units that do not pass inspection instead of selling them as scrap.
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Factors that have led to dominance of subsistence production despite development in technology in Kenya
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Answer:
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Journal Information
This distinguished journal was founded and edited for more than 20 years by the late Harold Marcus, whose energy and dedication to the scholarly study of Ethiopia and its neighbors in the Horn of Africa inspired several generations of students and scholars throughout the world. While Northeast African Studies will bring some changes in focus and format, the editors remain committed to the high standards of research, writing, and production that the original journal championed.
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Subsistence farming means the type of farming practiced in some region where majority of the crops and livestock being raised are used to maintain the farmer and his/her family.
Only the excess produce of Subsistence farming allows for sale or trade in the market.However, the dominance of subsistence production in some region such as Kenya and other part of Africa are caused by the following:
Low income in the family.Unemployment into labor force etc.Learn more about Subsistence production here
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Select four variables that affect farm incomes.
policies and regulations
policies and regulations
rural development
rural development
trade barriers
trade barriers
global supply and demand
global supply and demand
natural resources
natural resources
the weather
the weather
nutrition
nutrition
hectares
Answers
Answer:
rural development
global supply and demand
the weather
60 POINTS !!!!! Remember CTSOs? These organizations provide activities, programs, and competitive events in order to help students develop their career path and build up the skills and abilities needed to be successful, whether that path takes them to entry-level employment, military service, an apprenticeship, a community or technical college, or university. CTSOs are usually specialized and concentrate on certain industries so that the training students get is just what they need for success in that industry. Likewise, a program that specializes in the skilled trades, applied sciences, modern technologies, and career preparation is called a Career Technical Education program or CTE. Many students attend CTE programs to train for their careers, and there are CTSOs that work along with them. For example, the Technology Student Association works with students who have been studying in the technology field, offering robotics building competitions, coding competitions, even contests on building a solar car. Working on these projects helps students put into practice the knowledge that they are gaining in the classroom.
For this activity, you will be researching CTSOs that are available for each cluster. First, create a blank word processing document and save it as “Cluster CTSO.” Then, list all of the clusters:
Agriculture, Food & Natural Resources
Energy
Health Science
Architecture & Construction
Manufacturing
Transportation & Logistics
Education & Training
Engineering & Technology Education
Information Technology
Business, Management & Administration
Finance
Marketing, Sales & Service
Government & Public Administration
Human Services
Law, Public Safety & Security
Arts, A/V Technology & Communication
Hospitality & Tourism
To complete the activity, follow along with the steps below, saving your document frequently.
Pick one career from each cluster by researching My Next Move.
You can either search for a career that you remember learning about in that unit (“Search Careers with Keywords”) or you can use the “Browse Careers by Industry” tab to find a career to research. Repeat for each cluster.
Once you have found one career for each cluster, type the name of the career under the cluster in your word processing document. Then research what kind of CTSO opportunities are available for each career.
Finding Career Training Opportunities
(Note: The above website lists eight different organizations. Use the drop-down menu ‘CTSOs’ to learn more information about each and find one to fit the career you are researching. When you find one for that career, click on that CTSO’s website to research opportunities in your state.)
If you can’t find a CTSO that works for the career you are researching, use the Professional Association Finder to find an industry-specific organization. These might also offer scholarships or intern programs.
When you have located an appropriate CTSO, jot down the following information for each cluster/career in your word processing document:
Which CTSO is available for the career.
What purpose the CTSO serves for that career.
What opportunities in each career type (scholarships, high school programs, etc.) are available in your state.
What leadership opportunity the CTSO offers.
Congratulations! You’ve identified some very valuable resources for each career cluster. You may have already narrowed down which type of career you want to follow, but remember—it is always OK to change your mind. If you do, you can reference this document to find opportunities to learn more about your new chosen career path.
When you are finished, turn in your word processing document.
Answers
CTSOs (Career and Technical Student Organizations) are student-run organizations that provide opportunities for students to develop their leadership, teamwork, and technical skills in a specific career pathway.
How to explain CTSOIn the field of Agriculture, Food & Natural Resources and Energy, there are several CTSOs that students can participate in.
Future Farmers of America (FFA) - FFA is the largest national CTSO in the field of Agriculture, Food & Natural Resources. FFA aims to help students develop their potential for premier leadership, personal growth, and career success through agricultural education. FFA offers a range of activities, such as Career Development Events, leadership conferences, and proficiency awards.
National Young Farmer Educational Association (NYFEA) - NYFEA is a national organization for high school and collegiate students interested in pursuing careers in agriculture. NYFEA provides students with opportunities to learn about the latest agricultural practices, network with industry professionals, and develop leadership skills.
National FFA Organization's Student Energy Team - The Student Energy Team is a program under the National FFA Organization that provides resources for students to learn about energy efficiency and conservation. The program offers hands-on learning experiences, classroom resources, and national recognition for students who demonstrate leadership in energy conservation.
Technology Student Association (TSA) - TSA is a national organization that offers opportunities for students interested in pursuing careers in energy and related fields. TSA offers competitions in areas such as robotics, engineering, and renewable energy. TSA also offers leadership development opportunities, including conferences and leadership training.
SkillsUSA - SkillsUSA is a national organization that provides opportunities for students to develop technical and leadership skills in a range of fields, including Agriculture, Food & Natural Resources and Energy. SkillsUSA offers a range of competitions, leadership development opportunities, and community service projects to help students develop their skills and prepare for successful careers.
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In an organizational context, identify the true statements about customer satisfaction. (Check all that apply.) Multiple select question. It is unrelated to measures of economic health such as corporate earnings and stock value. It is independent of customer loyalty to a service organization and profits. It is an important indicator of well-being according to some public policymakers. It is a significant indicator of national economic health according to some public policymakers.
Answers
In an organizational context, the true statements about customer satisfaction are:
- It is unrelated to measures of economic health such as corporate earnings and stock value.
- It is independent of customer loyalty to a service organization and profits.
- It is an important indicator of well-being according to some public policymakers.
Customer satisfaction is primarily focused on gauging customers' perception of the quality and value they receive from a product or service. It does not directly correlate with measures of economic health, such as corporate earnings or stock value, as these indicators reflect the financial performance of the organization rather than customer satisfaction.
Customer satisfaction is also independent of customer loyalty to a service organization and profits. While customer loyalty and profitability are important considerations for a business, they are distinct concepts from customer satisfaction. A customer can be satisfied with a single transaction or interaction without necessarily being loyal or generating substantial profits for the organization.
However, customer satisfaction is considered an important indicator of well-being by some public policymakers. It reflects the extent to which customers' needs and expectations are met, contributing to their overall satisfaction and happiness with the products or services they receive.
Regarding national economic health, customer satisfaction is not necessarily viewed as a significant indicator by public policymakers. Other economic indicators, such as GDP, employment rates, and inflation, are typically prioritized in assessing the overall economic well-being of a country.
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How much interest will an account earn if you deposited \( \$ 615 \) at the end of every six months for 10 years and the account earned \( 3.00 \% \) compounded semi-annually? Round to the nearest cen
Answers
A. The interest earned on the account can be calculated using the formula for compound interest.
B. The formula for compound interest is given by:
\[ A = P \left(1 + \frac{r}{n}\right)^{nt} - P \]
where:
- \( A \) is the final amount or balance in the account
- \( P \) is the principal amount or the initial deposit
- \( r \) is the interest rate (in decimal form)
- \( n \) is the number of compounding periods per year
- \( t \) is the number of years
In this case, the principal amount \( P \) is \$615, the interest rate \( r \) is 3.00% (or 0.03 in decimal form), the compounding periods per year \( n \) is 2 (since it is compounded semi-annually), and the number of years \( t \) is 10.
Substituting these values into the formula, we can calculate the final amount and then subtract the principal amount to find the interest earned.
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Who owns the factors of production?
Answers
Answer: factors of production, such as land and capital, is owned by workers.
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How do I view my work schedule Six Flags?
Answers
Answer:
you should have an username and password and just log in with six flag . try going to https://six.flag.team
Explanation:
I hope that help you
If you tell me a good counter to this argument fast, I'll give u brainliest + five star (HELP)
If a school duration is not year-round, then students will most likely forget alot of things they learned over school year.
Answers
We certainly blank out things over time, and there's no reason to evaluate that what students learn in school should be an exception.
What do you mean by Argument?Making an argument involves two or more individuals reacting to one another's claim and support for such a claim.
There are a few unusual reasons why the brain forgets, but the two main causes are decay and disuse. Decay is a natural process that refers to the gradual loss of information over time. When we first learn something, it is stored in our short-term memory, which is relatively small and can only hold a very small amount of information.
Therefore, The statement “If a school duration is not year-round, then students will most likely forget a lot of things they learned over the school year.” is correct.
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PLEASE HELPPPP
Strawberry sells bicycles. One bicycle sells for $85, and the cost to produce a bicycle is $65. What is Strawberry's return on investment (ROI)?
ROI = (Total Return – Amount Invested)/Amount Invested
= Net Profit/Amount Invested
Remember to multiply the result by 100 to convert to percentage
Hint: Your answer will have one decimal point and make sure to type the % symbol!
Example: 15.3%
Answers
Based on the amount the bicycle was sold for and the cost to produce, the return on investment was 23.5%.
What was the return on investment?This can be found by the formula:
= (Total Return – Amount Invested)/Amount Invested x 100%
Solving gives:
= (85 - 65) / 85 x 100%
= 20 / 85 x 100%
= 23.5%
In conclusion, this is 23.5%.
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Answer:
30.8%
Explanation: i took the test, see screenshot below
there are several national training programs that focus on incident response tools and techniques for example, sansfire (forensics and incident response education TRUE OR FALSE
Answers
The statement "There are several national training programs that focus on incident response tools and techniques, for example, SANSFIRE (Forensics and Incident Response Education)" is TRUE.
National training programs that specialize in incident response tools and techniques do exist, and one such program is SANSFIRE (Forensics and Incident Response Education). SANSFIRE is a renowned training program that focuses on cybersecurity incident response, digital forensics, and related areas. It offers comprehensive training courses and certifications to individuals seeking to enhance their knowledge and skills in incident response. SANSFIRE provides a wide range of courses that cover various aspects of incident response, including incident handling, network forensics, malware analysis, threat intelligence, and more. These courses are designed to equip professionals with the necessary tools and techniques to effectively respond to cybersecurity incidents and mitigate potential threats.
Moreover, SANSFIRE is recognized globally for its high-quality training programs and experienced instructors who bring real-world expertise to the classroom. Participants can benefit from hands-on exercises, practical case studies, and valuable insights from industry experts. In conclusion, SANSFIRE is an example of a national training program that focuses on incident response tools and techniques, offering individuals the opportunity to enhance their skills in this critical cybersecurity domain.
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g Experts suggest that firms wanting to globalize through e-commerce must first localize, which means firms need to ________. A. use local suppliers, vendors, and distributors to manufacture products for the local market B. test their products and services in local markets before selling them over the Internet C. modify their products and services to meet the needs and interests of local cultures D. sell their products in a brick-and-mortar store before selling them through an e-market
Answers
Answer:
C. modify their products and services to meet the needs and interests of local cultures
Explanation:
Globalization is a phenomenon that enables companies to generate increased profitability and conquer new markets by implementing their businesses in other countries. Therefore, a company that wants to go global through e-commerce needs to modify its products and services to meet the needs and interests of local cultures, as entering an international market requires planning and structuring organizational processes that take into account that each country has their social and cultural particularities, their tastes and needs that are different from each other, which requires an adaptation of a company's products and services, so that they are well accepted and meet the specific needs of that market.
It is then necessary to research, plan and implement a global business strategy that takes local differences into account and includes them in its processes and values.
What is the hazard? Chris works for a city public works department. One hot afternoon the temperature outside reached 92 degrees. While Chris was shoveling dirt in a vacant lot, he started to feel dizzy and disoriented. He fainted due to the heat.
Answers
Answer: dehydration
Explanation:
Answer:
dehydration and heat exhaustion.
Explanation:
I hope this helps! :)
The trump organization has been found guilty in a tax fraud scheme in which executives were offered off-the-book benefits.a. Trueb. False
Answers
Answer:
true
Explanation:
How a business handles money is called _____ risk.
Answers
Which of the following will be accomplished by efficient allocations of the factors of production?a. Ensuring economic profitabilityb. Fulfilling many needs and wants of societyc. Understanding whether a product will faild. Replenishment of limited resources
Answers
By effectively allocating the factors of production, the following will be accomplished: Satisfying a variety of societal demands and wants.
Which of the following would the effective allocation of the production components achieve?When the factors of production are allocated effectively, many of society's needs and wants will be met.
Which of the following is relevant to economic resource allocation and productivity?In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state.
Which of the following is the study of the effective distribution of finite resources to meet the limitless demands and desires of people?Economics is the study of how and why people and society choose to distribute limited resources, as well as the effects of those decisions. It's sometimes said that the fundamental issue in economics is scarcity.
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examples of frictional force
Answers
Explanation:
I hope this would be the right answer....
Four different stores have the same watch on sale. The original price and discounts offered by each store are listed below. Rank the stores from the cheapest to most expensive sale price of the watch. Store A: price $129. 99 and discount of 25% Store B: price $119. 99 and discount of 15% Store C: price $115. 99 and successive discounts of 5% and 5% Store D: price $109. 99 and discount of 10% a. A, B, C. D b. A, B, D, C c. A, C, D, B d. A, D, B, C.
Answers
The stores ranked from the cheapest to most expensive sale price for the watch is : A, D, B, C.
A discount reduces the price of an item. The formula that can be used to determine the price after a discount is: initial price x (1 - discount rate)
Price after discount
Store A: $129.99 x (100 - 25%)
$129.99 x 0.75 = $97.49
Store B: $119.99 x (100 - 15%)
$119.99 x 0.85 = $101.99
Store C:
Price after the first discount = $115 x (100 - 5%)
115 x 0.95 = $109.25
Price after the second discount = $109.25 x (100 - 5%)
$109.25 x 0.95 = 103.79
Store D:
$109.99 x (100 - 10%)
$109.99 x 0.90 = $98.99
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In which type of economy is a business owner most likely to benefit from free enterprise?
Answers
hope this helps
Answer:
Sole proprietorship
Explanation:
I’m not 100% sure but it’s a sole individual business
If the price of gasoline increases 50%, experiences show that the decrease in demand for gasoline in short run is often less than 10%. What does it tell us about the price elasticity of demand for gasoline? What happens to the revenue for gas pumps if the price of gasoline increases?
Answers
The fact that the decrease in demand for gasoline in the short run is often less than 10% when the price increases by 50% suggests that the price elasticity of demand for gasoline is relatively inelastic. In other words, the percentage change in quantity demanded is less than the percentage change in price.
When the price of gasoline increases, consumers may still need to purchase it despite the price hike. This is because gasoline is often considered a necessity, and there may not be readily available substitutes or alternative modes of transportation. Therefore, even with a significant increase in price, the decrease in demand is limited.
Regarding the revenue for gas pumps, it depends on the price elasticity of demand. If demand is inelastic, an increase in price will lead to an increase in revenue for gas pumps. This is because the decrease in quantity demanded is proportionally smaller than the increase in price, resulting in higher total revenue.
However, if demand is elastic, an increase in price will lead to a decrease in revenue for gas pumps. This is because the decrease in quantity demanded will be proportionally larger than the increase in price, resulting in lower total revenue.
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