Instructions: Place the steps in the performance appraisal process in the correct order, from first to last. Rank the options below. Making Decisionsopen choices for ranking No answer Discussing Resultsopen choices for ranking No answer Taking Actionopen choices for ranking No answer Establishing Performance Standardsopen choices for ranking No answer Evaluating Performanceopen choices for ranking No answer Communicating Standards
Answers
Performance appraisal is used to compare employee performance against some standards. The steps in the performance appraisal process are;
1. Establishing Performance Standards2. Communicating Standards3. Evaluating Performance4. Making Decision5. Discussing Results6. Taking ActionIn the performance appraisal process, the supervisors will first establish the standards that will guide the operations of employees.
Next, they should inform the employees of those standards. They should examine the performances of their employees and make decisions on whether they performed well or not.
Then, they should discuss the results with them and take action on whether to reward or punish them.
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Related Questions
Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 Month First Year Second Year Third Year January 242 263 282 February 235 238 255 March 232 247 265 April 178 193 205 May 184 193 210 June 140 149 160 July 145 157 166 August 152 161 174 September 110 122 126 October 130 130 148 November 152 167 173 December 206 230 235 The Vintage Restaurant, on Captiva Island near Fort Myers, Florida, is owned and operated by Karen Payne. The restaurant just completed its third year of operation. During those three years, Karen sought to establish a reputation for the restaurant as a high-quality dining establishment that specializes in fresh seafood. Through the efforts of Karen and her staff, her restaurant has become one of the best and fastest-growing restaurants on the Island. To better plan for future growth of the restaurant, Karen needs to develop a system that will enable her to forecast food and beverage sales by month for up to one year in advance. The following table shows the value of food and beverage sales ($1,000s) for the first three years of operation: Your Tasks: Perform an analysis of the sales data for the Vintage Restaurant. Prepare a report for Karen that summarizes your findings, forecasts, and recommendations. Include the following: a. A time series plot. Comment on the underlying pattern in the time series. Using the dummy variable approach, forecast sales for January through December of the fourth year. How would you explain this model to Karen? Assume that January sales for the fourth year turn out to be $295,000. What was your forecast error? If this error is large, Karen may be puzzled about the difference between your forecast and the actual sales value. What can you do to resolve her uncertainty about the forecasting procedure
Answers
The sales are generally highest in the winter months and lowest in the summer months, with peak in January of the third year at $282,000.
What are sales?Sales refer to exchange of goods or services for money or other valuable consideration. It is the process of convincing potential customers to purchase a product or service by communicating its value, benefits, and features. The sales process typically involves prospecting, qualifying leads, making a sales pitch, handling objections, closing the sale, and following up with the customer. Sales can occur through various channels, including in-person, over the phone, online, or through direct mail. Successful sales depend on the ability to understand and meet customer needs, build relationships, communicate effectively, and provide exceptional customer service. Sales are essential to the success of any business as they generate revenue and help to grow and expand the business.
Highest sales= $295,000- $13,000= $282,000
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A government subsidy to the producers of a product:
a) reduces product supply.
b) increases product supply.
c) reduces product demand.
d) increases product demand.
Answers
A government subsidy to the producers of a product increases product supply.
What is a subsidy from the government?Governments may promote specific industries or economic sectors with payments, tax rebates, or other financial incentives. Subsidies are meant to help or support what is thought to be a crucial component of the national economy or infrastructure.
Subsidies benefit who?A government incentive known as a subsidy is one that increases the availability of specific goods and services by providing money, grants, or tax exemptions to people or businesses. The availability of less expensive goods and commodities is made possible through subsidies.
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nikki bowles, recently promoted to a frontline management position, quickly learned that her manager, tim davis, would often delegate decision making to her. tim told her, "i want you to make as many decisions at your level as possible, because
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As Tim Davis would often delegate decision making to her, he will most likely told her, "I want you to make as many decisions at your level as possible, because you deal directly with problems and opportunities and thus have the most relevant information."
What is known as a delegation?In management, a delegation refers to the assignment of authority to another person to carry out specific activities. It is also defined as a process of distributing, entrusting work to another person, and this is known as one of the core concepts of management leadership.
The process of delegation involves the managers deciding which work they should do themselves and which work should be delegated to others for completion. So, from a managerial view, a delegation involves shifting project responsibility to team members and by giving them opportunity to finalize the work product effectively with a minimal intervention.
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which of the following is offered by full-service brokerage accounts but not self-directed brokerage account?
a. The ability to buy uncommon investments such as REITs. b. The option to receive investment advice from a brokerage employee. c. Low management fees and, sometimes, no commissions on sales. d. The opportunity to trade in stocks, bonds, and mutual funds.
Answers
The option to receive investment advice from a brokerage employee is offered by full-service brokerage accounts but not self-directed brokerage accounts.
Full-service brokerage accounts provide a range of services and support to investors, including personalized investment advice from brokerage employees. This is one of the key features that distinguishes full-service brokerage from self-directed brokerage accounts.
When investors have a full-service brokerage account, they have access to professionals who can offer guidance and recommendations based on their financial goals, risk tolerance, and market conditions. These brokerage employees are typically trained and knowledgeable about various investment options and can assist clients in making informed decisions.
On the other hand, self-directed brokerage accounts are designed for investors who prefer to manage their investments independently. They provide the opportunity to trade in stocks, bonds, and mutual funds but do not offer personalized investment advice from brokerage employees. Instead, investors using self-directed accounts are responsible for conducting their own research and making investment decisions.
In summary, the ability to receive investment advice from a brokerage employee is a feature offered by full-service brokerage accounts but not self-directed brokerage accounts.
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Select an organization operating in supply chain (10 best supply chain companies of 2021) or shipping operations (UPS, FedEx, etc.).
1) Research how they currently use AI, ML, predictive and/or prescriptive analytics?
2) How do these tools help the organization manage supply chain resources and product deliveries?
Answers
One of the top 10 supply chain companies of 2021 is Apple Inc. Apple uses AI (Artificial Intelligence), ML (Machine Learning), predictive analytics, and prescriptive analytics in its supply chain management. Apple's supplier diversity program uses predictive analytics to help identify areas where the company can expand its supply chain. The program is designed to identify new and diverse suppliers that can help improve the company's supply chain performance.
Apple's use of AI and ML is focused on improving the company's inventory management. Apple has developed a forecasting model that uses machine learning algorithms to predict demand for products. This model takes into account various factors such as seasonality, promotions, and product launches to forecast demand accurately. The model has been successful in reducing inventory costs while improving product availability.
Prescriptive analytics is used to optimize Apple's transportation operations. The company uses prescriptive analytics to determine the most efficient routes for its trucks and planes. This helps the company to reduce transportation costs while improving delivery times. Apple also uses prescriptive analytics to optimize its warehouse operations. The company uses data analysis to determine the best way to store and transport products within its warehouses.
Predictive analytics is used by Apple to identify potential supply chain disruptions. The company uses data analysis to identify patterns that could lead to disruptions such as weather events, natural disasters, or labor disputes. This helps the company to proactively manage its supply chain and reduce the impact of disruptions on its operations.
In conclusion, the use of AI, ML, predictive, and prescriptive analytics has helped Apple to improve its supply chain performance. These tools have helped the company to optimize inventory management, transportation operations, and warehouse operations. Predictive analytics has also helped the company to identify potential disruptions in its supply chain, allowing the company to proactively manage these disruptions.
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Michael Jones, Concord & Jones Fabricators' production manager, has just received the company's sales budget for the first quarter.January 21,000February 29,000March 32,000April 33,000May 22,000
June 34,000Company policy requires an ending finished goods inventory each month that will meet 30% of the following month's sales volume. Michael plans to have 2,400 finished bricks at a cost of $49,280 in inventory at the beginning of the year.Prepare Concord & Jones's production budget for the first quarter.
Answers
To prepare Concord & Jones's production budget for the first quarter, Michael Jones, the production manager, will need to use the sales budget for each month as well as the company's policy for ending finished goods inventory.
First, Michael will need to calculate the required ending finished goods inventory for each month. Based on the company policy, this will be 30% of the following month's sales volume. The calculations are as follows:
- January: 30% of February sales = 0.3 x 29,000 = 8,700
- February: 30% of March sales = 0.3 x 32,000 = 9,600
- March: 30% of April sales = 0.3 x 33,000 = 9,900
Next, Michael will need to calculate the required production volume for each month. This will be the sum of the required ending finished goods inventory and the expected sales volume for that month. The calculations are as follows:
- January: 21,000 + 8,700 - 2,400 = 27,300
- February: 29,000 + 9,600 - 8,700 = 29,900
- March: 32,000 + 9,900 - 9,600 = 32,300
Finally, Michael will need to calculate the cost of producing the required volume of goods for each month. Assuming the cost per brick remains constant at $20, the calculations are as follows:
- January: 27,300 x $20 = $546,000
- February: 29,900 x $20 = $598,000
- March: 32,300 x $20 = $646,000
Therefore, Michael should prepare Concord & Jones's production budget for the first quarter as follows:
January:
- Required ending finished goods inventory: 8,700
- Expected sales: 21,000
- Required production: 27,300
- Cost of production: $546,000
February:
- Required ending finished goods inventory: 9,600
- Expected sales: 29,000
- Required production: 29,900
- Cost of production: $598,000
March:
- Required ending finished goods inventory: 9,900
- Expected sales: 32,000
- Required production: 32,300
- Cost of production: $646,000
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Why are banks susceptible to potential bank runs? a. Banks have short business hours and customers have difficulty accessing their funds after hours.b. Banks keep only fractional funds available much higher customer demand to withdraw funds in a short period of time may generate customer panic. c. Banks make many conservative loans at high interest rates, but pay low interest rates to depositors. d. Banks that are not competitive compared to others.
Answers
Banks susceptible to potential bank runs B.Banks keep only fractional funds available, a much higher customer demand to withdraw funds in a short period may generate customer panic.
All banks are powerless against bank runs since banks just hold a little level of stores, so on the off chance that there is a monetary emergency, there is generally the chance of banks running out of capital when individuals are pulling out their stores.
A bank run set off by dread that drives a bank into genuine indebtedness addresses an exemplary illustration of an unavoidable outcome. The bank takes a chance with default, as people continue to pull out reserves. So what starts as a frenzy can ultimately transform into a genuine default circumstance.
Hence option (B) is correct.
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franchisors give franchisees the right to use their name and product, with the understanding that franchisees obtain all financing and develop all marketing strategies on their own.
Answers
Franchisors grant franchisees the right to use their name and product, while franchisees are responsible for obtaining financing and developing their own marketing strategies.
Franchising is a business model where a franchisor (the parent company) allows a franchisee (an independent operator) to use its name, brand, and products in exchange for a fee. This arrangement provides the franchisee with a proven business concept and brand recognition.
However, the franchisee must handle its own financial matters, such as securing loans and managing budgets. Additionally, the franchisee is in charge of creating and executing marketing strategies to promote their specific location.
This division of responsibilities allows the franchisor to focus on the overall brand and product development while the franchisee can concentrate on the day-to-day operations and local marketing efforts, ultimately leading to a mutually beneficial relationship.
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what are the two dilemmas of negotiation?
Answers
The top three conundrums that negotiators occasionally face are when and how to make an offer, when and how much to cooperate or compete, and when and how to speak or listen.
Every negotiator must answer two fundamental queries: "How can we increase the pie?" as well as "How can I make sure I obtain the biggest portion possible?" With the help of interest-based bargaining, the pie is increased (value is produced). Skilled negotiators weigh competing ideas, remind themselves of the fundamentals, and then proceed to act and accomplish the majority of their objectives. The problem emerges when you realize that working together to produce value with the other negotiator is the best course of action. Nevertheless, given the ambiguity surrounding.
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a government minister in country X recently said: "the secondary sector of the industry will always be more important than the tertiary sector to our economy." do you agree with this view? justify your answer.
Answers
Answer:
Explanations yes i agree with this view since raw material are must for every sector. If there is no product, then service sector will have no work.
tertiary sector provide services for primary and secondary sector also secondary sector depent on pramiry sectorfor the input
If the first 5 students expect to get the Final Average of 95, what would their Final Tests need to be?? Please let me know how to get the final scores.
Answers
Answer:
475
Explanation:
An average value is the sum of all initial values divided by the number of values used.
i.e Av = \(\frac{sum of values}{number of values}\)
Since the 5 students are expecting final average of 95, then their final test score can be determined by;
number of values used = 5, and the average = 95
So that;
95 = \(\frac{sum of values}{5}\)
⇒ sum of values = 95 × 5
= 475
sum of values = 475
The first 5 students' final test score = sum of values = 475.
Their final test score need to be 475.
What is a contingency plan?
Answers
Answer:
Um plano de contingência é um tipo de plano preventivo, preditivo e reactivo.
Apresenta uma estrutura estratégica e operativa que ajudeá a controlar uma situação de emergência e a minimizar as suas consequências negativas.
O plano de contingência propõe uma série de procedimentos alternativos ao funcionamento normal de uma organização, sempre que alguma das suas funções usuais se vê prejudicada por uma contingência interna ou externa.
which of the following describes the conditions that exist in a perfectly competitive market in the short run, and which are associated with firms leaving the market in the long run?
Answers
Occurs when a firm produces the amount of product with the lowest average total cost, and a perfectly competitive firm produces the same amount over time.
What is competitive market?In response to customer demand for products and services, a competitive market develops. Due to the competition created by this market system, businesses must assess their costs of production, pricing policies, and product output.
Perfect competition, as well as competitive markets, aim to factor in both the buyer and the supplier equally and develop strategies based on the market's current supply and demand. We define competitive marketplaces, describe their traits, and explain their functions and distinctions in this article
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T/F : smart manufacturing is achieved by instituting employee surveillance and monitoring.
Answers
False.Smart manufacturing refers to the use of advanced technologies and data analytics to enhance manufacturing processes and improve efficiency.
While technology and data collection play a significant role in smart manufacturing, it does not imply instituting employee surveillance and monitoring as a core aspect. Smart manufacturing focuses on automation, connectivity, and real-time data analysis to optimize production, reduce costs, improve quality, and enhance decision-making. It aims to streamline operations and enable machines, systems, and processes to work together more intelligently, but it does not necessarily involve extensive employee surveillance and monitoring.
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If you were paid $952 today, and you invested it at a 5% interest rate, how much would you have a year from now?
$900
O a
$952
b.
$985
Oc.
$1000
d
None of these
e
Answers
Answer:
Depends on if its simple or compund bu since your investing to earn, ill estimate they want the compound answer which is 999.60 which can be rounded to $1000. If they want it rounded, its $1000 if they dont, it's none of the above
Explanation:
A=P(1+r)t
A=952(1+0.05)1
A=952(1.05)1
A=952(1.05)
A=952x1.05
A=999.60 which can be rounded to 1000
Create an Ngram and do the following:
Run an Ngram with a single term and discuss the query (e.g.,
Management).
Run a new Ngram with 2 terms and discuss the relationship
(e.g., Management, Leadership
Answers
An Ngram is a type of linguistic analysis that looks at sequences of words in text. It can be used to uncover patterns and relationships between words, and is commonly used in natural language processing (NLP) applications.
Here's an example of running an Ngram with a single term:
Query: "Management"
Results: The Ngram results for "Management" show a trend of increasing usage from the early 1900s to the present day, with a peak in the 1970s and a gradual decline since then. This suggests that the concept of management has been a popular topic of study and discussion over the past century, but has perhaps become less central in recent years as other business concepts have gained prominence.
Now, let's try running an Ngram with two terms:
Query: "Management Leadership"
Results: The Ngram results for "Management Leadership" show that the two terms are often used together in discussions of business and organizational strategy. The frequency of the phrase appears to have increased steadily since the 1980s, with a slight dip in the early 2000s before rising again in recent years. This suggests that the concepts of management and leadership are closely intertwined, and that they are considered essential components of effective business practices.
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.
Lena thinks someone has stolen her identity. She isn’t sure if she should place a fraud alert on her credit report. She doesn’t understand anything about fraud alerts. What true statement could you teach Lena to help her make a more informed decision?
A fraud alert prevents anyone from viewing your credit report.
A fraud alert can stop anyone from opening any new accounts in your name.
When filing a fraud alert, you must first pay for a credit report.
To place a fraud alert, you must contact all three credit reporting agencies.
Answers
Answer:
A fraud alert prevents anyone from viewing your credit report
A fraud alert prevents anyone from viewing the credit report is the true statement could you teach Lena to help her make a more informed decision. Thus, option A is correct.
What is credit report?A credit history is a credit record of a borrower's timely debt repayment. A credit report is a record of a borrower's credit history obtained from a variety of sources, such as banks, credit card companies, collection agencies, and governments.
A credit score is essentially a summary of your credit history, whereas your credit report contains all the specifics of the financial history. The credit report will delve much deeper into your lending history, allowing the lender to examine how a person handled borrowed funds.
Therefore, option A is correct.
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You have examined photographs of Hoovervilles in different states. What do they show about life in Hoovervilles all across the country?In one or two sentences, explain what the photographs say about how people adjusted to Hooverville life.
Hooverville residents did the best they could under difficult circumstances. Hooverville residents formed their own communities and learned to fend for themselves. Hooverville residents tried to make their towns and lives as normal as possible.
Answers
Life in the Hoovervilles became pretty tough and those tried their first-class to get via as they may.
Life in Hoovervilles usually shared certain characteristics which include.
A resident dwelling in unsanitary situations
citizens being pressured to beg or depend upon charity for food
Hoovervilles have been created in the course of the top notch depression as thousands and thousands of human beings misplaced their jobs and have become too terrible to have enough money right housing. As a end result, they created ghettos where they could live on temporarily.
Living in these ghettos become difficult due to the fact:
situations were unsanitary - the housing was now not constructed as much as the proper wellknown and sewage systems were missing. This caused very unsanitary conditions and caused disorder.
food became scarce - the ones living within the ghetto have been normally unemployed and could not come up with the money for meals so they needed to beg for it from other people in addition to approach charitable businesses.
life is the belongings that distinguishes count with and with out biological tactics, such as signaling and self-sustaining methods, and is described by way of its ability for boom, response to stimuli, metabolism, electricity conversion, and duplicate.
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Interview a business owner on the crisis experienced in the workplace. attach an interview schedule a part of your oral presentation
Answers
To conduct an interview with an entrepreneur about a crisis experienced in the workplace, it is essential to develop a well-structured script.
How to develop an effective interview?It is essential that questions are developed in line with the theme and objective of the interview, seeking to eliminate ambiguity and subjectivity, generating greater consistency in the interview.
Some examples of interview questions for an entrepreneur about a crisis at work could be:
What strategy did the company develop to deal with the crisis experienced?What do you consider essential to overcome a crisis at work?Therefore, it is essential that an interview is conducted in an organized and planned manner so that its objective is achieved.
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If you purchase a straddle on euros, this implies that you: A) finance the purchase of a call option by selling a put option in the euros. B) finance the purchase of a call option by selling a call option in the euros. C) finance the purchase of a put option by selling a put option in the euros. D) finance the purchase of a put option by selling a call option in the euros. E) None of the above.
Answers
Answer:
The correct answer is E) None of the above.
Explanation:
when you purchase a straddle on euros, this means you simultaneously buy a call option and a put option on the same common stock on euros bearing a similar expiration date, and the same place where the security can be bought and sold. What this means is, you tend to make a profit once the common stock makes a sharp move. Normally, call options give investors the liberty to sell stock expecting a rise in price, while a put option gives the investors want to sell their stock because they predict a fall in price. These two option contracts aim at making investors make profits.
Roy's chick'n shack orders chicken from standard food supplier, but standard does not deliver. roy's will probably be unable to enforce the agreement if the parties:___.
Answers
Roy's chicken shack orders chicken from a standard food supplier, but the standard does not deliver. roy's will probably be unable to enforce the agreement if the parties did not specify a quantity term.
An agreement is a mutual expression of the agreement between two or more people. It is a meeting of minds for a common purpose, through offer and acceptance. Consent is expressed through words, actions, and even silence.
The act of reaching an agreement or mutual agreement. Agreed state. An agreement is accepted by all parties to a transaction. A contract or other document describing such an agreement. Consensus; Harmony of Feelings: Consensus among Faculty.
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Research cultural business communication etiquette for a country outside of the USA, and list 5 tips for successful cultural communication and etiquette in a business setting. Include the name of your country, the 5 tips (bulleted statements) and the website URL of your research used.
Answers
Answer:
wow
Explanation:
Which of the following system are used to collect recyclable
from general stream
a. Buy Back centre
b. Drop off Centre
c. Curb side collection
d. All of the above
Answers
The correct answer is d) All of the above. These systems serve different purposes and cater to different situations and preferences.
Various systems are used to collect recyclables from the general stream, including buy-back centres, drop-off centers, and curbside collection. These systems serve different purposes and cater to different situations and preferences.
Buy-back centers are facilities where individuals can bring their recyclable materials and receive compensation in return. This system incentivizes recycling by providing financial incentives to individuals and encourages the collection of recyclables.
Drop-off centers are designated locations where individuals can bring their recyclable materials and deposit them in provided containers or bins. These centers are typically conveniently located and allow people to drop off their recyclables at their own convenience.
The curbside collection involves the collection of recyclable materials directly from households or businesses by waste management or recycling companies. Recycling bins or containers are provided to residents, who separate their recyclables and place them outside their homes for collection on specific pickup days.
By offering multiple options, including buy-back centers, drop-off centers, and curbside collection, a wider range of individuals can participate in recycling programs. This increases accessibility and convenience, ultimately promoting greater recycling rates and a more sustainable approach to waste management.
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if accrued salaries were recorded on december 31 with a debit to salaries expense and a credit to salaries payable, the entry to record payment of these wages on the following january 5 would include:
Answers
a credit to cash and a debit to salary payable.
What does the phrase "credit your salary" mean?If you get your salary, it counts as income and is therefore credited (into your bank account). There might be one more: Banks apply credit to increment or increase (here in your bank account) and debit to decrement, according to their rules (suppose you have paid in by your debit card).
entry for payments due: A screenshot of the entry to record for salaries payable
The form of payroll journal entry that must be used to document in the books of account the remuneration that must be given to the employees is what is known as salary payable. Since it is anticipated to be paid within a year, it is typically listed as a current liability on the balance sheet.
Accruing payroll liabilities, transferring cash, and making payments are the three phases involved in recording the payroll process via journal entries.
Add up your short-term wage obligations. According to accounting regulations, costs and liabilities must be recorded as they are incurred.
Put money in the payroll account.
Pay your debts.
a credit to cash and a debit to salary payable.
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Why is it important to track your income and your expenses?
1. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy
2. because knowing whether you can afford your lifestyle or not is the only goal of financial literacy
3. because you need to by law
4. because your income will tell you how much money you can save
Answers
Answer:
1. because knowing whether you can afford your lifestyle or not is the first goal of financial literacy
because knowing whether you can afford your lifestyle or not is the first goal of financial literacy it is important to track your income and your expenses. hence, option A is correct.
What is financial literacy?It comprises the capacity to comprehend financial options, make future plans, handle money properly, and deal with difficulties brought on by life events like losing a job, saving for retirement, or financing a child's education.
Paying off debt, making a budget, and comprehending the differences between various financial products are all examples of financial literacy. In conclusion, families that are attempting to balance their budget, purchase a home, pay for their children's education, or secure an income in retirement are significantly impacted by financial literacy.
For instance, a person who understands finances is aware that they cannot spend more than $2,000 per month, even if they earn $2,000, without incurring debt.
Thus, option A is correct.
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identify five enterpreneur qualities that the intrapreneur has and discuss how they contributed to the success of his business
Answers
Self-discipline. This is one of the most essential characteristics of a successful entrepreneur. ...
Risk-taking ability. ...
Creative thinking. ...
Persistence.
focusing on stakeholder expectations enables data analysts to achieve what goals? select all that apply.
Answers
Answer:
Approximately one-half of one month's rent would be 1/2 * 1/12 of the total annual rent. Assuming the total annual rent is $1,000, we can calculate it as follows:
1/2 * 1/12 * $1,000 = $41.67 (rounded to the nearest cent)
Therefore, at the end of July, approximately $41.67 of the $1,000 must be recognized.
User
focusing on stakeholder expectations enables data analysts to achieve what goals? select all that apply.
ChatGPT
Focusing on stakeholder expectations enables data analysts to achieve the following goals:
Meeting business objectives: By understanding and aligning with stakeholder expectations, data analysts can ensure that their analysis and insights contribute to the organization's overarching business goals. This alignment enhances the value and relevance of their work.
Delivering actionable insights: When data analysts comprehend stakeholder expectations, they can tailor their analysis to provide actionable insights that directly address the stakeholders' needs. This helps stakeholders make informed decisions and drive positive outcomes.
Enhancing decision-making: By understanding stakeholder expectations, data analysts can provide the right information, metrics, and analysis needed for effective decision-making. This ensures that stakeholders have the necessary data-driven insights to make informed choices and drive business success.
Building trust and credibility: When data analysts focus on stakeholder expectations, they demonstrate their commitment to understanding and addressing stakeholders' needs. This helps build trust and credibility, fostering strong relationships and increasing stakeholders' confidence in the analyst's work.
Therefore, the correct answers are:
Meeting business objectives
Delivering actionable insights
Enhancing decision-making
Building trust and credibility
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n terms of the build-borrow-buy framework, a firm's internal resources are considered to be supportive of internal development when they?
a) are different from those that need to be developed and superior to those of competitors in the targeted area.
b) similar to those that need to be developed and superior to those of competitors in the targeted area.
c) different from those that need to be developed and inferior to those of competitors in the targeted area.
d) similar to those that need to be developed and inferior to those of competitors in the targeted area.
Answers
When a company's internal resources support internal development, it is said to be doing so. Comparable to those that still need to be developed and superior to those of rivals in the chosen field. Option B is correct
Internal support refers to the majority of employment assistance for a person with a disability that is supplied by an employer or employees of the employer, as opposed to a job coach or another individual from outside the employer. Increasing production, creating new goods or services, or using other developmental techniques are typically included. Organic (or internal) growth occurs when a company expands from within, for instance, by increasing the number of business units, locations, or product lines. Organic growth expands on the company's existing resources and capabilities. This is typically the only strategy of expansion employed by businesses.
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steven was fired from his job after 3 years of good performance. his boss simply said that the organization was changing and did not need steven's work any longer. this type of firing is likely acceptable under the doctrine of .
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After three years of productive work, Steven was let go from his position. Steven's employer merely stated that the organization was evolving and no longer required his work. The employment-at-will principle probably permits this kind of dismissal.
Some courts interpreted the rule to mean that in order to sustain a claim based on termination of employment, the employee would need to demonstrate an express contract for a set period of time. As a result, the U.S. at-will employment regulation, which permitted termination without cause, was created. All states in the US have accepted this regulation.
Employees who are employed at will may be terminated by their employers at any time and for almost any reason, including without provocation or previous notice. Typically, the language in contracts pertaining to sanctions and termination for contract workers is clear. At-will laws protect employees from unfair dismissal.
Because they have control over their working environment and are free to leave at any time, employees profit from at-will employment. One drawback is that because they are free to quit at any time, the group of employees may not be steady and reliable. The outcome of the business could be harmed.
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You and Business Simulation game Using your experience with the simulation game (Snickers played through Edumundo), and reading case studies in the class, answer the following questions. Then, critically evaluate your entrepreneurial characteristics and mindset demonstrated through your decisions in running the simulated game, specifically answer the following questions. Would you please try to integrate your experience with the experience of entrepreneurs in the case highlighting your learning?
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As a student, running the simulated game and studying entrepreneurial case studies have helped me develop crucial characteristics like creativity, resilience, and adaptability, while learning from real-world entrepreneurs' experiences has enriched my understanding of entrepreneurship.
Why is simulated games important to entrepreneurship?Simulated games are important to entrepreneurshipas they provide a risk-free environment for aspiring entrepreneurs to develop and test their skills.
They allow students to experience the challenges and decision-making involved in running a business, fostering critical thinking,problem-solving, and strategic planning.
Simulated games also provide valuable feedback and insights that can be applied to realworld entrepreneurial ventures.
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